Dec 8, 2017
Porter gives you his latest thoughts and a stern warning on Bitcoin as the cryptocurrency briefly passes $17,000. Buck welcomes Grover Norquist, president of Americans for Tax Reform to help you understand exactly what’s happening with the current tax reform bill in the House and Senate, and what it could potentially mean for investors, businesses, and individuals. Porter and Buck talk about Saudi Arabia and the historical reality that it’s radical belief system, brutal governing tactics, and addiction to oil money will lead to a troubling civil war.
Porter has an extended discussion with international finance expert and former hedge fund manager, Eric Fry. Eric is currently a macro strategist and resident expert on global investment trends at the Oxford Club, where he writes Fry’s Pinnacle Portfolio (www.AmericasTopTrader.com). In 2016, Eric took first place in Wall Street’s biggest investment competition beating 650 investors including legends Bill Ackman, Joel Greenblatt, and David Tepper. Porter gives listeners a short recommendation and asks Eric to reveal his own short idea which is a huge bet against Warren Buffett.
Buck and Porter open the mailbag to answer a question from a listener in Russia on what will happen to the global economy when there's a panic to get out of paper fiat currencies.