Transcript was automatically generated.

0:00:02 – Announcer

Wall Street Unplugged looks beyond the regular headlines heard on mainstream financial media to bring you unscripted interviews and breaking commentary direct from Wall Street right to you on Main Street.

0:00:16 – Frank Curzio

How’s it going out there? It’s January 29th and I’m Frank Curzio. This is the Wall Street Unplugged podcast, where we bring you the headlines and Tell you what’s really moving these markets. Daniel Creech, thanks so much for joining us today. You’re welcome, Frank Love, having you in the Wednesday podcast, which means I was too busy to get an interview. Basically, it means yeah, thanks for filling in.

0:00:43 – Daniel Creech

You’re welcome.

0:00:44 – Frank Curzio

I’ve been traveling so much and stuff like that. It’s been crazy and a lot of stuff coming up. I mean, we have remarkable things going on here, and I’m not just saying that. We have a great idea of a Curzio One, which is, you know, most of our credit investors a private deal that’s exclusive to us. Who’s wealthy and has made a ton of money doing this and getting into these deals, and this is the one deal he’s focusing on. He’s doing lots of stuff.

We have a live event tomorrow. Live event, right, no joke. So live event’s pretty cool, which we don’t do often, but it’s going to be about crypto and Daniel and I are going to do again. When we say live, we mean live. A lot of people will sometimes say live. We’ll sometimes say live, and it’s not really live. We’re live, we’re really live, right. So it’s not a joke, and it’s going to be about crypto and we’re going to highlight several important catalysts. Now hear me, because if you listen to this for the podcast first time, you’re going to say this guy is an idiot. He’s full of shit. I don’t make claims like this, okay.

Dan’s over there laughing right now I don’t make claims like this, but I’m going to tell you these catalysts, including one that was mentioned yesterday. This is what we’re going to cover. We’ve done several of these live events with crypto, telling you that when it’s $40,000, $30,000, $20,000, $70,000, it was going to $100,000, and a lot of the altcoins are going to benefit tremendously. We mentioning it’s going to push Bitcoin significantly higher and the news that came out yesterday my target for Bitcoin okay, maybe I shouldn’t say my target, but it could push Bitcoin. You’ve never heard me say this to a million dollars in two years. I’ve never made a claim like that. You guys know that I almost never make claims like that. I’m very real with you. I’m going to put the math behind it. I’m an analyst. I’m not going to show you and say, oh, you know what, nvidia is going to go to 7,000, without any numbers behind it. It’s simple math Of the news that I announced yesterday of why this could happen. I’m not going to take it by Bitcoin.

Bitcoin is going to do great. A lot of you should own it for the seven years we’ve been covering in this sector. But there’s altcoins underneath that have amazing technology. We’re going to share two of them that are going to change the landscape of the financial industry. I’m going to give them away for free and then, at the end of this, we’re going to have a special promotion and a special discount for our product for Crypto Intelligence, because I want all of you to be in crypto. You need to be in crypto, not not just Bitcoin, not Ethereum, not Solana. Those are the main ones, but now that we have a regulatory structure behind this, this industry is about to take off tremendously. You’re going to see trillions, trillions of dollars flowing into this industry over the next five years. It’s like being an AI four years ago, three years ago. That’s the gains that you’re going to make very, very quickly in this sector.

We’re going to cover all of it and tomorrow it’s going to be tomorrow at 7 pm Daniel and I are going to be hosting. To register, you can go to CurzioCryptocom and afterwards it’s only going to be like a 10, 15-minute presentation. I’m going to dial it down. It’s not going to be boring. I’m going to tell you things that are not being highlighted out there of why this whole industry is about to take off. Especially back have a couple of beers and there’s a Q&A and we just answer any questions you have. So there’s no excuses. No college football games on no Thursday night football. Only a Super Bowl left. And yes, yes, yes, Daniel, who’s in the Super Bowl?

0:03:55 – Daniel Creech

buddy that’s right your Eagles. Do you see there’s $8 million, is what the commercial charges.

0:04:01 – Frank Curzio

That’s what it is. It’s $8 million this year.

0:04:02 – Daniel Creech

That’s what CNBC reported today. Holy cow $8 million per commercial.

0:04:05 – Frank Curzio

There’s no inflation Per commercial. There’s no inflation, just like there was no inflation in Davos with the girl. What was it? Hookers, yeah. Escorts, come on man. Escorts, yeah, I mean that as a company. Come on man, I don’t mean that.

0:04:26 – Daniel Creech

They charge $4,400 a night. Compared to what the hell?

0:04:28 – Frank Curzio

Holy cow. So are you telling me the difference between a hooker and an escort is two grand? I think we should move on, because what we do have seriously is I love when Hannity says this and everyone says it’s breaking news. This is really breaking news. Ok, I’m going to come at you with this, because you guys know what I love to do is be an investigative reporter. I love to look under the hood.

I’ve learned this about so many projects at the EPA. It’s a bullshit organization. It’s all political. I learned this because they made up shit about a project that I saw in Northern Dynasty which is actually doing very well right now. Everyone’s asking me about that. They have this pebble project in Alaska. When I went there, they said there’s rivers flowing through. If they get this mine approved, which is the largest undeveloped copper and gold mine, that it’s going to result in all this contamination in Sakai-Sama, which is 140 miles away in Bristol Bay. All this shit right. This company paid over $100 million in independent studies and the EPA said we don’t even give a shit, we’re not approving this. And when I went there personally because you’ve got to take two airplanes and a helicopter to get there in the middle of nowhere. I’m like where are the rivers? They’re like there’s no rivers, they didn’t exist, they lied. This is a person that went to fracking and all the major areas. If you’re looking at North Dakota, the Eagle Ford, the Permian Basin, you know Seles, everything in Pennsylvania, going into these areas and going with professionals where, when I first started and I first started going there, all the stories I read I thought there was going to be earthquakes everywhere and I was going to fall into a hole, or I thought there was going to be dead animals everywhere. And I found out it was all bullshit. Doesn’t cause water contamination Again, people don’t believe that. But if you do the facts, they’re there right. So even during COVID, right.

And being able to interview people on lockdown in China, in China, in Italy, in Europe, three, four days before we even hit here, and giving you guys a real story of what the fuck’s going on. We pulled everything out of the market right. So what I’m going to tell you right now is about deep seek, doing a ton of research on this, talking to my best contacts. As you know, if you listen to us and we report on China, we’re probably one of the best when reporting on China We’ve wrong about things, we say we’re wrong. We address our losers, we learn from them. China we’ve been really right on for a long time because we have great contacts there, especially one guy who always says never use my name, never use my name, which I always love, and I’m not going to use his name. I just say that because I want to give people credit, because this isn’t coming from me, this is coming from my sources, okay, and my sources who are credible, who have been doing this for 30 years, and some have been sources for decades. But with China telling you to avoid it, it’s depression, it’s horrible, and you know, again, we just have really good sources in China, especially with covid, that have helped us tremendously and help you tremendously. So I just want to say thank you.

This is the biggest story on the planet by far, and you’re looking at deep seek, which came out on Monday, and they released a large language model that said hey, we’re just as good or good or even better than ChatGPT4. We’re on par. Look here it is. It’s great, and the biggest thing is it costs 250 times less to operate the ChatGPT and it uses one-tenth of the power. It was a big deal because we have the largest hyperscalers, literally spending $80 to $100 billion a year each, pretty much, and planning to keep spending that over the next few years to build these models. And now look at the energy infrastructure. We don’t have enough energy. We should pound the table on it. Listen for the energy needs that is required. We need massive infrastructure development right now. We’ve been pushing that issue so much Now.

Monday, when DeepSea came out, the technology companies associated with AI and energy companies crashed. They, companies crashed, they outright crashed. The biggest company in the world is NVIDIA. It fell 17%. It lost $600 billion in one day. In one day. What is that Like? Three McDonald’s, right? What’s McDonald’s market cap these days? I think it’s whatever 200, 300, whatever it is, and it wiped out more than a trillion dollars in market cap in the S&P 500. Three of them, it’s about right. Three of them, wow, that was good. How do you know that we’re marketing? I mean, it’s remarkable.

I’m rounding you. What’d you say? I said I’m rounding, but around here, no, I said dan just checked. I’m like, all right, good job. So dan does a good job. So I’m wrong, he does. He’s like you’re wrong, but if I’m right, he’s like, hey, you got it right. You know, which is great, I love, right, but everyone’s out there. Please fact check me. All the time I throw out a lot of statistics and stuff like that. I may be wrong, but what I’m about to tell you is a lot of things that you haven’t heard.

I’m going to present videos to you that were on YouTube for about three seconds before they got removed, and this person sent them to me, and this is from videos from people who are influencers in China. You see a lot of stuff. He sends me a lot of stuff. The reason why I know it’s depression in China is because he sends me these videos that immediately get banned and suppressed, and it’s from people reporting in China, and they’re on YouTube. So we found, too, that we were able to get a hold on that.

You’re not going to find them anyplace else. They’re hard to find. You might find them if somebody else has them. To get a hold on that. You’re not going to find them anyplace else. They’re hard to find. You might find them if somebody else has them. We got them from someone else who’s doing really great reporting as well, but I wanted to play these to you because there’s a lot going on when I dug deep into the story.

When I say I dug deep into the story, it’s not just with the contacts. We’re fortunate. I’ve been doing this for a long time. We have access, dale and I, to all research reports across every single sell-side firm. Sell-side firms are the big firms like the JP Morgans, Goldman Sachs. I read every single one of them, from Jeffrey saying there could be negative implications for hyperscalers and builders, so they’re a little worried. To UBS saying that tier one hyperscalers would be able to raise prices, as now. This will be easy to scale so costs go down, but to use these models they could charge even more.

Bank of America, who believes DeepSeek has created this overblown concern in AI semis. To JP Morgan, who said if DeepSeek’s AI assistant that can run a low compute power notebooks and possibly smartphones takes off and takes AI to the consumer market, that would be a significantly positive scenario for semiconductor equipment. They’re saying that because right now, outside of AI, everything within semiconductors sucks. It’s a horrible. Pcs are down, phones are down, autos are down. Autos are getting crushed. Look at GM’s numbers. Look at Ford. We highlighted that nine months ago how that industry was totally overblown. That you get out of those stocks immediately, because there’s just so much fucking inventory, right? So if you look at AI and everything they go to, those markets are all very, very weak, except for AI, right? So the companies like the Broadcoms are really kicking it. Asml you look at, of course, the Avideas right Doing well. Amd is kind of slow and they’ve been getting their ass kicked, but the ones who are not benefiting from AI have been really not doing that well. So if this is true, you’re going to see a big sell-off and that’s what JP Morgan’s saying. Hey, this is going to result in a positive scenario for semi-doctor equipment.

With that said, Daniel and I have done a lot of research on this, and having the great contacts in China really, really helped me here. Now he sent me two videos. Okay, again, one’s Chinese influencer, another person, very, very brilliant, and I’m gonna play these to you. Okay, I’m gonna translate them. I’m translating them because they have subtitles. I shouldn’t have said that. I shouldn’t have said that. You guys would have thought I was so freaking smart. I shouldn’t have said that, damn it.

Frank speaks Chinese. Holy shit, man. It’s Frank. I’m really smart. I’m not smart, I just work hard and I listen to a lot of smart people than me. That’s what this podcast is about, and I have play these for me and Daniel to come in.

Okay, now this first one I’m going to play for you. This gentleman’s very. He’s a tech influencer. He’s very smart. A lot of people listen to him and, again, I’m going to translate this because a lot of you listen to this on iTunes. If not, please go to our YouTube channel, curzio Research and the Wall Street Unplugged. See him. It’s got subtitles on the bottom, but I’m going to go over that with you. This way you can hear it, in case you don’t have access to that. So let’s take a first listen to the very first video and hear. That is right now.

China’s deep seek shocked the American tech world. Global AI leaders can’t believe. The American AI industry is being threatened and Nvidia stock is shaken. My cell phone is flooded with this news. To summarize, our DeepSeek is capable of using low-cost chips to handle computation for developing breakthrough models. It appears that way, with only 2,048 GPUs, two months of training and 5.58 million in costs. Meanwhile, chatgpt4 uses 25,000 A100 GPUs with 100 days of training and spent just $100 million. This comparison made us claim we’re far ahead in all areas.

There’s something wrong why, if you gather all the news about China being far ahead of the world, you make a shocking discovery. Whenever some major technological breakthroughs are announced globally, a certain Chinese company declares that China is far ahead. After some time, you never hear about them again. Why is that? Daily Economic News did a study. If you ask DeepSeek who are you, it often answers I’m ChatGPT4. If you ask what its API is, it’ll give you OpenAI’s API user manual. If you go deeper, you’ll see that even the jokes it tells are exactly the same as chat gpt force.

Okay, so this person is saying how this model, when he used it, is basically a copycat, a real copycat, like he was asking. It’s like no, I’m ChatGPT, right? So what does that mean? It means that if you’re looking at, yeah, the costs and everything and how this is so cheap, none of this would would have happened unless Chad Chibiti spent all this money, unless a lot of these companies spent all this money, because it’s basically pulling all the information off of other systems. Okay, that’s the first part.

That’s something I think you’re not really hearing out there. You’re hearing a little bit of it, but this is personal. It immediately got suppressed, right? You’re not going to find that video anywhere. Now I want you to listen to this one. It’s from a lady who is an AI expert, very smart, founded two tech companies, and you can hear it. She’s not biased. She actually wants this system to be what it is right. Because she’s Chinese, she’s like I want this to work right, but listen to this. And again, this is a video that was also banned. Take a listen.

This afternoon, I used DeepSeek and ChatGPT to solve a logic problem. Deepseek gave me the wrong answer, while ChatGPT provided the correct one. Many people sent me messages accusing me of smearing DeepSeek. As an AI entrepreneur in China, I gain nothing from criticizing the app. As someone in the AI field, I hope Chinese large language models can take off from where they are and reach the top. I deeply wish for a large model that is both easy to use and inexpensive.

The internet storm isn’t about generally praising DeepSeek. It’s overhyping it. This kind of hype is destroying it. It’s not objective at all. I can tell you as an AI entrepreneur, I’ve used DeepSeek. They’ve reduced the gap with open AI, which is significant. This achievement is outstanding and deserves recognition, but don’t go overboard. For a startup company, this kind of overhype is not beneficial. I’m involved in AI development too, so I understand that it’s perfectly normal to encounter small technical problems.

What if the second or third iteration isn’t as good as the first? What will you do? Will you say it’s no good? As observers, we need to remain calm and objective. The gap we have with open AI is narrowing, but you say we’ve surpassed them. There’s no way. Even now, if you ask DeepSeek’s founder Liang Wenfeng, he wouldn’t dare to claim that his company has surpassed OpenAI. I find it crazy how she claims the founder the founder of DeepSeek, which I’ll get to in a minute he would never claim that this large language model is on par with ChatGPT-4. That’s what she said. He would never claim that. And notice how this guy isn’t even around, right. So you know, first off, when I listen to these videos, Daniel, you listen to these videos.

What is your take? First, because we’re going to really get deep into it right now, and please share this with anyone you have, anyone you know in technology. Our job is to get the story right. I want people to come back and say, Frank, you know what? This might not be right. This isn’t right. Here’s what I found. That’s how you uncover it through a network and for me, we want to get the story right, because this is going to determine $1 trillion was wiped off on Monday and market cap $1 trillion in one day because of this story. I mean, what would you pay for that? Again, we’re going to get to this in a minute but I mean, what would you pay for that?

0:17:02 – Daniel Creech

Again, we’re going to get to this in a minute, but, Daniel, what’s your first take on this? My first take, Frank, is I think that this is one of the best puzzles out there right now, being, I think, the excitement of what’s being talked about on mainstream media and then what’s kind of outside of mainstream media is really interesting and it’s going to come to the light and I think it’s going to catch a lot of people by surprise. Now I guess I’ll start with what you just said on. So I watched a handful of videos, including the one you’re talking about, and what I appreciate and wanted to kind of open up with is it seems to be that the knee jerk reaction was hey, if you don’t need this money and this computing power to pull this off, then the US is just overspending and doing all this stuff. However, what you just said and all the videos at least, what aggravates me is it’s not exciting, so they don’t keep touching on this point, but what you just said if this new breakthrough in DeepSeek needs all the other ones, including NVIDIA, that means that this can’t pass, and I know you saw this too in the first clip where you can’t have a student pass the teacher in this sense, in this large language model, and I thought that was very interesting.

I watched two quick videos and I was impressed and I mentioned this one to you. They were showing how you could just ask. It was impressed and I mentioned this one to you. They were showing how you could just ask it, ask it deep seek to create a program, write code in Python, I believe, to play different games Tetris, snake, etc. And they were recording it and it did it flawlessly Not 100% flawlessly, but it created the game and it did it very quickly and these creators were impressed. I think that’s impressive. However, on none of those channels, Frank, did I hear that what you just said. Oh, it mentioned itself as chat GPT-4, or it wouldn’t answer. I was reading through some other articles not as pro-China, and of course they’re saying that. When it asked who’s the president of Taiwan, of course didn’t have any answer to that it said I can’t answer that. Now, that means input in, input out. Kind of makes you think of government intervention. But that’s Daniel’s quick take.

0:19:10 – Frank Curzio

What got your attention after Lee’s real talk? I mean one. I wanted to look at it in, not just a talk, but I wanted to look at what these stocks are doing a couple days later. Because always this overreaction I got to tell you. If you look at NVIDIA, nvidia sold off to like 118 from 140. And then it bounced back to like 128. Now it’s down today. Yeah, right, so this is two days later. It was three days later, right?

If you include all day, monday that you’re saying, okay, you’re digesting it and still the news come out to really debunk this story. And that’s why I think what we’re reporting right now is very important and wait to wait till we get a little deeper here. It’s gonna get really fucking interesting. I’m not kidding, uh. But now I look at meta and meta nobody really has come out and said anything. I don’t blame them, right? They want to see what the hell’s going on, whatever. It doesn’t make sense for them to say, oh, yeah, this works and we wasted all of our money that we spent, uh, so they’re digging in too. But but the thing is, meta and Microsoft both report after the close today and you can guarantee, as soon as they’re done reporting the numbers and how great they are and how much they’re spending.

The very first question from that analyst is going to be like, what the fuck’s going on with DeepSeek? And that’s when you’re going to get information where that can really move the market tomorrow to where they’re like hey, this is garbage, this isn’t right, this is BS. And I know a lot of people now listen. We’re going to dig in deep here because this system is available for some, but not all. Okay, and I’m going to tell you what happened in China, which, again, a lot of this suppressed, based on my contacts. So China media was ecstatic ecstatic, it makes sense, right, when they announced this news, they were like holy, this is great, right, they announced that this was their Pearl Harbor, right, this surprise attack, right, releasing this and crashing the US markets. Yet when you look at DeepSeek, a lot of people were lined up outside of their headquarter and they wanted to interview them and they didn’t allow any outside media to interview them. Why is that?

0:20:53 – Daniel Creech

Because they’re humble, Frank, and they don’t want the limelight.

0:20:55 – Frank Curzio

Yeah, but they actually said the company officially said they’re not engaging in any external collaborations but will focus its research efforts to deliver more powerful models. Really, because after that happened they also restricted anyone overseas from downloading DeepSeek. They blamed it on this malicious virus Wow, isn’t that perfectly tough. So I don’t even know why they had to say malicious virus, because anyone in the virus Wow, isn’t that perfectly tight. So I don’t even know why they had to say malicious virus, because anyone in the US cannot download this. Because you need a Chinese telephone number. Okay, you need a telephone number. A lot of these models you put in the phone number or whatever and email and stuff like that. If you have a US number it’s only going to register. So you need a number registered in China Now. So it’s restricted to China, which we know.

China, china lies about everything. Right, I mean, it sounds familiar. Look at Wuhan. They didn’t let anyone in there who were like hey, the US wants to help, the WHO wants to help. The World Health Organization was the biggest piece of shit, garbage organization in the world because they actually China said to the WHO, you can’t come in. And then three months later, who said China handled the situation. Great, they were awesome, are awesome when you didn’t even fucking know the story, right? So you wonder why Trump’s pulling all the funding from him. That’s the reason why, right? So they didn’t let anyone investigate the origins of COVID, which, by the way, cei. Miraculously, now that we have Trump in the White House, it has reversed course and said that oh, we think it was, we were wrong and it originated from Wuhan something fourth graders knew five years ago when it happened. This is our the central right here.

I shouldn’t be saying this with my shirt on Central Intelligence Agency. Thank you very much for someone who got me contact to get these types of shirts. I’m going to wear my tomorrow. I’m wearing another one which is really cool. It’s not CIA, but this is a really cool shirt I’m wearing today. Now let’s get back to DeepSeek shirt that I’m wearing today. Uh, now let’s get back to deep seek, because they claim how deep seek is able to cut costs significantly through its model, where its model costs six million dollars, which is the big deal. This is a market moving event, right? So the model costs six million to train, compared to over 100 million for open ai, claiming that it used old nvidia chips. When we say old nvidia chips, we talk about real old, from two years ago, having two years ago. It’s like you bragging about having an Atari system as your main system right now.

That’s what we’re talking about. That’s how old we’re talking in AI terms of the chips that they used. So it also uses far, far, far, far, far far much less electricity. Meaning, do we really need to spend hundreds of billions of energy infrastructure, including building these massive data centers? And that’s why you saw even REITs that focus on this. We saw energy plays. We saw uranium come down, natural gas players come down. The whole energy sector really fell down tremendously. That focuses on the AI part of it. However, however and there’s always a however DeepSeek’s founder his name is Liang Wenfeng Get ready to get blown away.

This gets really cool now, in 2022. He said this okay, this guy really does interviews. I think they have him doing two uh in the past three years, supposed to be brilliant. He said he built up a ton of nvidia h100 chips. This is what he said. This is the higher version, not the older version. Right? These are currently banned due to us restrictions. He said they built them. He said they built them up to the tune of $50,000, which was repeated by that guy who was on TV in Davos. What’s the name of that company? You remember? Scale AI, scale AI.

I see as a 24-year-old, it’s like yeah, it’s like the youngest self 24-year-old billionaire, yeah.

Billionaire. He said $50,000 and they’re like wait a minute. Well, this is repeated from Leon One Thing, who is DeepSeek’s founder, in 2022. 50,000. If it’s true, again, this is coming from the founder of DeepSeek, who is MIA, by the way. No one knows where he is. You can’t say he’s not doing anything with the media. That would cost $1.5 billion, not $6 million, if that’s true what he said. The founder said In the black market, which is the only way they can get these chips in China.

It would cost probably double that and it’s not going to be that difficult to get those types of chips because you’re working with the Chinese government. So the black market. Many speculate that. This is the reason why you know who’s CoreWeave, right? Who’s CoreWeave?

Coreweave is this big guy who’s buying. Nobody knew who. It was a bunch of hedge funds. I think that came together. Knew it was a bunch of hedge funds. I think that that you know came together and everyone’s like, wow, is nvidia’s numbers real? Because core weave is accounting for a lot of these sales of these chips and the quarters and stuff like that quote. And I I argued look, it’s just a smart company that’s buying something that they know they could sell much, much, much higher because it’s in high demand and there’s no supply, right? So these guys were up there buying tons of chips. Now I’m not suggesting core weave. You could do your math, you could have your own conspiracy theory but there are people who are buying these chips that are not directly going to hyperscalers, that are reselling them in other markets, and they can resell them at much, much, much, much, much, much higher prices, which has always been going on with NVIDIA, since they had the best chips or the best graphic cards just in video games, which was 15, 20 years ago. So CoreWeave is basically a middleman. They’re not hyperscalers, if you guys don’t know them. So they buy these chips, they sell them to AI developers or companies that need to build these machine learning systems.

Now let’s get back to Leon Winfeng, the founder of DeepSea In a previous interview. Okay, again, this is the second interview, so I haven’t seen any. If you have, please send them to me, Frankersresearchcom. He also said that his biggest problem with this company is it’s not funding, which makes sense, right? He doesn’t care about the cost because you have the Chinese government backing you. Whenever you have a government backing you, you have unlimited costs. They don’t care about how much money they spend. He said his biggest problem this is a couple years ago. His biggest problem is getting NVIDIA’s best chips. That was his biggest problem, but all of a sudden he doesn’t need Nvidia’s best chips. All of a sudden he’s like now wow, we’re building this model using their older chips.

Also, on the day DeepSeek launched its model, the founder according to sources my sources the founder had a closed door meeting with China’s government. This was broadcasted on primetime news in China and you could say why would it be on primetime? Because this model shows two things for China. It shows that China is ahead or on par with the US in its AI race, which led to NVIDIA and every energy company, every AI company, crashing on Monday. But also, more importantly, it shows that China is immune from the tariffs and export restrictions limiting NVIDIA’s chips going to China. So it creates what it creates, this ultimate win for China, which is in a depression right now.

It’s a nightmare in fucking China right now. Whatever anyone tells you, whatever you read, it’s much, much, much worse. Based on my contacts there, it’s horrible in China. Real estate markets aren’t even close to coming back. There’s no bottom there. People would say it you had Tepper. Come on, I love Tepper.

I disagree with him strongly about China and stimulus. They’ve been announcing stimulus packages literally for over two years there and it hasn’t worked. If you don’t believe me, just look at where the wand is absolutely fucking crashing, right? I mean, the economy is terrible there. They’re dying for a win. So how do we do it? The greatest technology in the world? Hey, we’re suddenly leaders in one day, and one day we’re leaders, we’re great and we’re more powerful than the US. It’s a great win, right? That’s why they had it on their national television and during primetime.

Also on the same day is when China suddenly said hey, you know what? We have this malicious virus. Force them to take the model offline to oversee users. So again, not China users, but oversee users anyone in the US, which is total horseshit. Because if you’re claiming, I want you to use common sense here. Just use your common sense. If you claim to have the best AI model in the world, that costs 20 times or 50 times less to operate than ChatGPT using one-tenth the power that’s what they’re claiming that means your company is immediately worth $100 billion plus. Hey, chatgpt just did their capital raise a new funding round two weeks ago and it’s over $150 billion valuation. They have 300 million users, weekly users, for their model right now.

Why would you not open up that model to the entire world immediately? Why? Because a malicious virus? Really, come on, it’s not even available, even if there was no malicious virus, because you need a number that’s registered in China. You can’t do it anyplace else overseas.

So, for China, my biggest question is this. So, for china, my biggest question is this why not let people go in there and inspect this model to prove, to make it factual, what you’re claiming, since you lied about fucking everything ever in the last 15 years, every single thing you lie about? Why don’t you have people, have like an elon musk, have whoever you know, know Sam Altman, anybody Go in there and say, hey, the chips that these guys are actually using are older chips and they’re powering DeepSeek and this is the efficiency that we’re getting this way. It’s factual because right now nobody knows and you won’t show anyone because you won’t do any interviews. Why is that? Why is that? But instead you decide to pull the whole model. Why is that? Why is that? But instead you decide to pull the whole model Almost like holy shit.

This was really big enough to crash one of your enemy’s markets by a trillion fucking dollars. So I mean, it gets even better. But this is when I’m digging and going deeper and deeper. This is some of the stuff we’re uncovering, and I’m going to uncover a lot more. But, Daniel, I mean you’ve been doing research on this as well. I mean your thoughts on this in terms of are you, would you be buying some of these companies, like in the NVIDIAs or, you know, maybe not today, with Meta and Microsoft ready to report after the bell, but you know, it seems like this could create an ultimate buying opportunity. And if not, if this is real, do you really see NVIDIA coming down a lot more? I just think the risk reward is every single time NVIDIA pulled back, every single time throughout the last five years on this massive, freaking AI run. Really, the last three years turned out to be the biggest buying opportunity. What are you doing here? Everybody wants to know. The whole world wants to know. That’s a big question.

0:30:33 – Daniel Creech

I’m leaning towards well, world, listen up, lend me your ears I’m leaning very heavily towards buying on this pullback, especially the power companies Vistra Energy. Frank, for how many weeks did I rant and cry like a child on here about GE Vernova never coming down? Well, guess what? It went down 30 Florida percent the other day, okay, or whatever it dropped. So, yes, my knee reaction is to look in and buy this, but, as you said, I want to wait through some earnings.

If I have a product that I can build for 6 million, you, being at Microsoft, say you’re going to spend 80 billion this year. Meta is going to spend between 60 and 70, if memory serves me correct. As you said, they’ll be addressing that later today. Yes, I do tend to want to be buyers. But, Frank, I have a couple questions, because what I thought was interesting and this is an article from Take Him T-A-E. So how do we pronounce that this is from the 27th? And this caught my attention because you were talking about the valuations and stuff this gentleman says. If you believe the 6 million figure is true, that could be as long as you do not include research and development, funding models, architecture, algorithms, data acquisition, employee salaries, buying GPUs or test runs. So you know, if you break all that and it’s like inflation, hey, if you take out a bunch of other shit, then it’s not really that bad. The core.

0:31:55 – Frank Curzio

Yeah, it’s kind of like that. It’s about food, and energy, which everyone uses every day of their life. And you have no inflation at all.

0:32:00 – Daniel Creech

Another key point here which caught my eye, because when we were doing our YouTube and listening to all of our stuff, it did catch me when the CEO of DeepSake says you know it’s not a funding problem. Well, this gentleman again, this is from the 27th said that last week China just announced plans to provide $137 billion in AI support.

Interesting, yes, well you know, but they just the Chinese. They overshoot Frank. If you only need 6 million, why not do 137 billion? It just levels the runway a little bit more. And so and here’s the other thing I can’t wait for the earnings. I know Tesla reports today. So Tesla, meta and Microsoft. You know Elon Musk is going to be outspoken and stuff, but I always thought the comments, the knee-jerk reactions from OpenAI, nvidia and even Pat Gelzinger. I always butcher that the former Intel of CEO basically said this is all positive for AI going forward. If this is true, because it’s going to open up the playing field and all that kind of stuff.

So we’re not saying that just because they’re communist lion bastards, possibly that nothing good has come out of this. But the crazy thing is is that you’re right, it’s just not adding up. And you know what’s the old saying if it’s too good to be true, it might be, because it’s just. It is hard to believe. And yes, I would look to buy to answer your question, Frank, and then we can move on to some wild stuff. Is I would look to be buying the power plays and the nuts and bolts, absolutely on this, nvidia being down today listen, that’s the big dog it’s going to. I mean, you drop 17% Monday, you rally nine Tuesday and now you’re down four or five today. That’s some serious volatility. Just be able to manage that emotionally. But do not give up on NVIDIA as this story is breaking, because they’re still the leader and the model still needs NVIDIA to run, even though it’s saying we’ve made some breakthroughs.

0:33:50 – Frank Curzio

Yeah, I mean to think they’re going to cut spending the biggest. If this is true, which I think you want this in technology, right. You want cost to be lower. You saw that with computers they used to be $3,000, $4,000. No one could afford them. You saw that with genetic testing it was $100,000, right, when they just analyzed the first human genome and then it came down tremendously where it’s a few hundred dollars to do this stuff. Now you go to your phone. Cell phones are given away for free. Now when you, you know, again return your old phone, your broken phone or whatever. So you want this to happen, but still it’s. You know, the way this story hit is pretty crazy. I think a lot of it is fake, to the point where they just stole another model.

The fact that they the open source part guys, open source is the greatest thing in the world. Okay, this is why I hate the term metaverse, but the internet wasn’t created for a few companies to own everything where you can get suppressed. If you’re a conservative for YouTube, well, you can get to bank like we did because we invested in the metaverse company. It’s all we did. We didn’t generate revenue from crypto, but we got kicked out of Bank of America. Like so many other people, I didn’t know that was a term to bank until now it’s all coming out. You know there’s Horowitz and stuff a term to bank until now it’s all coming out. You know Horowitz and stuff. But open source is amazing because even when you it allows everyone the freedom to do whatever they want, to have this open world right and then build off of something right. So that’s really what hit the markets too, where I think Lama and that’s Meta’s version is open source as well. But when you’re looking at this and they say open source, it’s nothing but open, it’s not open source. It’s nothing but open, it’s it’s not open source. Anything but I mean again means anyone can build off this model, make it better, and that means you’re going to be more transparent. But is it transparency, since 90 of the world’s best developers and engineers can’t fucking download this thing. They can’t have access to it, right? Everything that you’ve seen on youtube is access. Is people that are able to do either very, very early on that have access, that has has a Chinese telephone number that they can register? But if it’s open source, you want everyone to have access to it and build off of it and they can’t do that most people because they pulled it. They basically pulled it. I’m going to go down this path with you, okay, and you guys can take it wherever you want, because everyone loves conspiracy stuff and I get it. But this has to be mentioned here because this is important Now at it. But this has to be mentioned here because this is important Now.

First, I was listening to this. I saw Tucker Carlson interview Daniel Starr as well. I don’t know if you’re familiar with Sushi Balaji. If you’re not familiar with this person. November 26th, this person committed suicide. Now, who is this guy? He worked for OpenAI as a researcher. He’s just 26 years old. He was in charge of training the data for OpenAI’s large language model, which makes him one of the most important people at the company Very, very super important job. He turned and became a whistleblower. He decided to resign in August 2024, and he was raising concerns about potential violations of the US copywriting laws against OpenAI. He also had the documents to prove it.

Now, is this a coincidence that a couple months later, he committed suicide? Because we’re starting to learn that Balaji traveled to China with his friends when he was a whistleblower before he committed suicide, where many believe, and there’s good reporting on this. If you want to go into Twitter that he shared OpenEye’s training work and all that data with DeepSeek, then all of a sudden he says he commits suicide. This is one day after he celebrates his birthday. People don’t do that after they celebrate their birthday. Usually their birthday is a very great event, unless no one showed up to his birthday. But they said and his mom said he’s in great spirits had no idea where this came from. And then when they determined he committed suicide, there’s reports that say it was anywhere from 14 minutes to 40 minutes to determine that he committed suicide like that. There’s other reports that said they saw the room and there was blood. That wasn’t you know.

Again, there’s a lot of people looking into this. Even Elon Musk has come out and said this needs to be investigated. The senators are saying it needs to be investigated. There’s just too much coincidence here. And in the middle of this, this is a guy that goes to China. I think he left from San Francisco with a couple of his friends and then all this stuff happens, no-transcript mentioning, because when I look at this and you say, really Frank, I mean, could this really happen. Suicide this guy.

I’ve seen people. I mean, we’ve all seen these stories of people getting killed for $10,000. This is a trillion dollar man, this is a trillion dollar person. A trillion dollars. What’s that worth to you, especially for China in depression, of being able to steal all this stuff and get it out? So I know it seems like conspiracy, shit, but when you throw in the numbers and a guy was able to just from this, this company and this news, able to crash a market by a trillion dollars and put China, which is just, I mean again, look at the one horrible depression to suddenly say, hey, you know what we’re in this AI race, the biggest technology in the world, you guys better worry. Hey, we don’t have to worry about all this bullshit and tariffs from the US. We have nothing to worry about. No, no, no, no, we’re fine. We could do this with low power.

Again, this is what T-Mobile is about. It’s what their model is. With steel, with commodities, it’s flood the markets with cheaper shit and put everyone else out of business. That’s the model it’s always been for China. So this is the same exact thing, the same exact thing. So I would like to look more into that. I think it needs to be investigated. It’s why his mom is saying, hey, we need a further investigation.

There’s a great interview. Again, we know there’s a lot of conspiracy theorists out there and Carlson’s great at telling those type of stories. Listen to that. It’s very interesting, that interview with his mom. So again, remember what the tech guy from China said on YouTube that got banned. When he asked DeepSeek, who are you? It said ChatGPT. When he asked for the API, it gave the exact replica of ChatGPT’s model. Right.

So my takeaways from this, Daniel China has lied about everything all the time. Now they’re saying their small, tiny team of engineers was able to spend $6 million on a system that was the biggest. The biggest companies in the world in America spent over $200 billion $300 billion on so far in the past couple of years. Who have thousands of the smartest engineers on the planet that these guys outsmarted them. I mean it makes sense for them to say that this only costs $6 million, 20 times more energy efficient, whatever the number is, because maybe it’ll slow down spending from these bigger players, because they’re falling further behind.

Not to mention, have you heard, Daniel? I haven’t heard one hyperscale come out and say anything about this. They haven’t said oh wow, look at this new breakthrough. We’re going to hear that today. We’re going to hear that today from three companies, including Elon Musk, who’s going to report to Tesla again. That’s going to be the first question that everyone asks in the Q&A and we’re going to know by tonight of what’s going on. And should. They fear it and this is a good thing, because they have to answer it Zuckerberg has to say you know what? Believe me, you need to spend this much money. There’s no way you could have something like this. They’re all going to say it because it’s very big, it impacts their business, it impacts their stock. Let’s see. Or maybe they’re like, hey, it could be great news for them. You think they to $80 to $100 billion a year on this if they could do it cheaper. I just find it hard that thousands of these developers, the smartest people, the engineers and AI are spending this money.

And yet you have China, which is a place that’s lied about everything about how terrible their economy is, about their GDP, about stealing our IP for decades, about Wuhan COVID, about how terrible their real estate market is. I mean, they suppress everything. They throw their citizens in jail, they speak out against their deep state. They’re arresting people for not paying back taxes, which apparently are unfounded claims. You got to see those videos and all the ones that get removed because they need money. So bad. And it’s a disaster. In China. It hasn’t been this bad since the 1990s banking crisis. Their government’s been trying to stimulate the economy through numerous stimulus plans for two years. They can’t do it. You’re looking at an economy that’s in a depression. That’s very, very desperate and it has to factor into everything because we don’t have the facts. We’re trying to connect the dots and this is the biggest story on the planet right now, since it destroyed $1 trillion in market cap. So this is what we uncovered so far.

Bill Ack far bill ackman, did you see this? He chimed in yesterday on twitter say what are the chances that deep seek ai’s hedge fund affiliate made a fortune yesterday which short-dated puts video the power companies, I mean. He said it’s a yeah, that’s a good right, which is really good, and a fortune could have been made. Oh yeah, it’s not too difficult to see, right, everything. Never inside trade.

Guys, I know you think get away with it. Everything gets recorded. It’s very, very hard. You got to report everything. If you, you think you can get away with it. Everything gets recorded. It’s very, very hard. You got to report everything.

If you’re small, you might get away with it, but even now, with short sellers, I think it’s. You know, if it’s more than one and a half or 2% of the float, you have to disclose why all these short sellers are actually going out of business. It’s almost impossible with short stocks these days, but when I look at all this data and the facts of research analysts, there’s just so many questions that I kind of wish this is true, because it’s going to be great for AI, it’s going to be great for smaller companies, for mid-tier companies, to really be able to use AI and not depend on all these companies who are integrating it with their cloud that you’re going to have to use, right, just like these cloud companies, right, you need to use all of them and constantly be paying these fees for the rest of your life, especially on the enterprise level. I would love for this to be true, but there’s just too many holes here. There’s just too many holes. And again, Frankcursorresearchcom, I want to hear from you. I’d love to hear from you, Daniel, too, but my takeaways when it comes to stock is.

I think NVIDIA is a buying opportunity here. Everyone’s going to continue to buy their trips. They’re in high demand for the next two, three years. I don’t see that changing anytime soon. It matters who the race to first is. That’s why they’re spending so much money.

This model, models like this can’t get developed unless these other models develop first, and you can have copycats off of them. So how do we expect to go even better? Like you said, like the teacher and the student example, the power companies. Let’s see. That’s going to be a big deal. Let’s see If we could do something that requires less power. That’s fantastic, because right now, I went over the power statistics, dan went over them. We’ve been talking about this podcast. We went over the newsletters.

Holy shit. I mean you have no idea how much power we need. We can’t fulfill the infrastructure requirements. We just don’t have enough money. We don infrastructure and to build this, which takes a long, long time to build I mean Three Mile Island is already built. Just to get it restarted it’s going to take five years. That’s without the permitting for state, local, federal, all that stuff. And then Microsoft bought 20 years of electricity after that.

So if you have any thought of and all these SMRs and stuff like that, that, the portable nuclear reactors. I mean there’s only three in the world, guys. It’s like two in Russia and one in China. If you think that technology is going to be here less than seven years, you’re absolutely crazy. And companies are investing hundreds of millions of dollars in that technology, even billions. That’s how dire the need for energy is right now. So if we could have anything that helps us out on that front, that’s tremendous. But this story is definitely the biggest story in the market. We needed to cover it and I’m sure a lot of data you’re hearing here. You’re not hearing anyplace else. We really dug in and we want to hear from you about it. But you know anyway.

0:44:46 – Daniel Creech

Yeah, just two things, or maybe real quick, Frank and I encourage everybody to listen to this because, like I said, we have fun and you know everybody says, oh, it’s a conspiracy, a theory. Well, this is a good time for conspiracies because lately conspiracies have proven to be 100% correct. And two takeaways from that Tucker Carlson interview with the mother of the gentleman who was deceased. On that interview she said they are still paying the rent for the condo or apartment he was in. It’s not been touched. There’s still you know to be kind there’s still the remarks of the way it was left. So there’s still blood everywhere in the apartment. The crazy thing about the suicide is that there’s blood everywhere in the apartment, I guess. So evidently the gentleman tried to kill himself and then wandered around the house and got blood every condo or apartment. So there’s a couple of things there for the conspiracist. There’s another. There’s another the family hired a private investigator. He is George Webb, real George Webb, with two Bs, one at Twitter. He’s posting a lot of stuff about his presentation, about the quote unquote suicide and or murder, about a trillion-dollar hit because of the deep state. And, Frank, what’s wild here is that we have to wait for it to play out, but if you I don’t want to see if you would agree. The narrative is basically this gentleman lost his life because of a whistleblowing and that might not be correct at all. If it’s tied to something related to secrets and deep state, I mean, that is absolutely mind blowing. So watch that and look for yourself on that side, because that is just crazy.

The other side, on the power consumption, maybe we do finally get a revision downward because, as we joked, the revisions for power gigawatts, what we need capacity has only gone higher. Okay, and just this week we had Chevron, who I love. I can’t not think about Frank Curzio when he talks about Chevron, because Chevron and Palantir and stuff, but Chevron got together with who, ge Veranova, and they’re starting to build stuff because of the power consumption. Again, my knee-jerk reaction is, along with Frank’s hey, this is kind of hard to believe for what they’re selling. Why would Chevron continue to make partnerships with GE Veranova?

I mean, I guess, if you ask Daniel Kreese to dumb this down, do I really think that OpenAI, meta, microsoft, chevron, all these guys across energy and AI had no idea that this was about to hit on Saturday? And now they’re just shell shocked and everybody’s going to look into a room and ask each other hey well, I guess we were a little off. What do we do now? I just don’t think we’re there yet. So there’s still going to be a lot of stuff coming under or coming out on this. Hopefully it does get investigated and get you know the limelight shot on it. But until we get major power revisions, I don’t know how you don’t look at these as a hell of a buying opportunity to at least start some positions.

0:47:31 – Frank Curzio

I know right now you have all the engineers right, all these developers of AI. They’re all trying to get a hold of the system and see what they can learn. That’s what everyone does in technology. Once you’re able to disrupt, everyone wants a part of it, see how to do it and have copycat models or build off of it or whatever. There’s certainly positives to this and I think it’s really good for China, but I think it’s completely overblown to lose a trillion dollars in market cap. It suggests that we’re not going to need enough, you know, 20 times less power $6 million. That really cost $100 million plus to build these systems, which is crazy. And not to mention that they are not allowed China to have and to get NVIDIA’s state-of-the-art chips dating back to like the H100s. Just put that in perspective. What is the H100s? And then you have the Blackwells, and now you have the next generation of chips coming out. I mean they wells. And now you have the next generation of chips coming out. I mean they’re three generations ahead of like in amd, which is why you’re seeing all these downgrades for amd. Uh, I mean, no one’s even close to them. There’s no competition.

I went to the consumer electronics show. This was a couple weeks ago and saw that presentation with jason wong and got in, luckily, because I had to cut the freaking line because it was literally 15 000 people. It was 40 000 people there, so good reporting. But you know I usually don’t do stuff like that, but I was able to get in there and listen to it and holy shit I mean he didn’t talk about his competition, because there’s no competition for NVIDIA right now. There’s no competition. You know, everyone’s just light years behind, especially. It’s not just chips, it’s not just building the hardware. It’s like getting rid of all your pictures on the cloud on the iPhone because you’re going to go to Samsung. And are you really going to do that? I mean, that’s how difficult it is for everyone to catch up.

And what they’ve done is remarkable. It’s forward-looking technology. They hate sharing their secrets. These guys are like we’re partnering with everybody, we have the best, we’re going to partner with everybody, collaboration with everybody. Unbelievable of what they’ve done and I don’t see that changing anytime soon. So this could be a great buying opportunity, but let’s see. More data has to come out again.

This is something that I think most people not most people like the hyperscalers and maybe the hyperscalers. They won’t have to spend that much, but we want this to be more energy efficient. We want everyone to be able to have access to this. We want every company and enterprise level to have access to this to make it easier, to make it more efficient for us right To increase productivity, which is going to result in an increase in profits. We all want that, but there’s a lot of bullshit around this story and you’re talking about the number one place where bullshit is invented is China, and they lie about everything. So keep your guard up. We’ll keep following the story If you guys have any information, anything at all. Frank@curzioresearch.com. Dan, what’s your email?

0:49:57 – Daniel Creech

Daniel@curzioresearch.com.

0:49:58 – Frank Curzio

Yeah. So, guys, that’s it for us and once again, tomorrow you can catch us One. We’re going to be working really hard because we have a podcast tomorrow. It’s Washington Premium Earnings Season. We’re going to break down what Microsoft says, what Tesla says, what Meta says. We’re reporting after the close. Also, I’m going to break down earnings season so far and I’m going to tell you this. I’m going to tell you why the whole entire world is disagreeing with me, but again, I’m going to put numbers behind it of why our market is more cheaper today than it’s been in the last two years. Look at Frank going on a limb On a limb. That’s the beginning part, and then that’s going to happen.

You get access to that podcast, probably late afternoon, 3, 4 o’clock, and then tomorrow 7 pm, go to CurzioCrypto.com to register. It’s absolutely free. Please listen to what we have to say. A lot of you guys have a lot of our products. You subscribe to our services. Daniel and I are always there. We’re doing our products and services. We don’t have other people doing. We do lots of videos.

I really want everyone to be into crypto. It should have an allocation for a portion of your speculative capital. It has to, because you cannot see the gains in the markets in the stock market, almost any other asset class that you could see in crypto. We’ve experienced this. I’ve experienced personally. Because of the gains I’ve made, I was able to build a brand new house, a huge house, in one of the best neighborhoods in Jacksonville, because of crypto. This is the opportunity you’re going to see.

It’s not just Bitcoin again, not just Solana, not just Ethereum and some of the big guys. This is all these underlying technologies that no one would ever touch. That’s what they are. The software companies. There’s a lot of bullshit, meme tokens I’m not talking about that but these underlying technologies are incredibly, incredibly disruptive to finance an industry that’s never really been disruptive. It’s a boys club.

Now that you have all the regulation, now you’re going to have more money. Now you’re going to have more money. Now you’re going to have more ICOs coming out, which completely stopped. Tokenization is going to be massive, which we tokenized our company four or five years ago, which was very ahead of the party when we did that. Now we’re seeing demand. We’re seeing more liquidity on a T0 platform, which gives you a direct representation, just like a stock. You own a piece of our company, right? So if we get taken over, you’re going to benefit. It’s not a utility token, but the regulation that’s coming, which is going to be very good, the regulatory framework, and we’re going to cover all this in a 10, 15-minute presentation.

Daniel and I are going to be having a Q&A. We’ve lasted two hours. I hope everybody hangs up before that. I guess we’re talking about 9, 10 o’clock at night, but we’re there for you and usually we get a lot of people to go to this and see again, it’s a free webinar but they stay on because the Q&A is really a lot of fun. Dan and I just really I got to really tell how it is. We’re drinking beers, we’re having fun and it’s really cool. And feel free to ask any of your questions and you have the right to ask that question once you and subscribers to our work for a long, long time and, yeah, we like being there for you. So the whole thing is free. If you guys want to attend, please attend. If not, then hopefully you’ll see our podcast tomorrow which is coming out and being released. What 3, 4 pm, Daniel, sometime around Wall Street, unplugged Premium, something like that, yeah, give or take.

0:52:57 – Daniel Creech

So busy, busy day tomorrow. We’ll be there between two and five Busy, crazy day tomorrow.

0:53:01 – Frank Curzio

And that’s it for us, and hopefully you join us tomorrow for everything that’s going on. I’ll see you then Take care.

Love this episode of Wall Street Unplugged. I think you’ll really love Wall Street Unplugged Premium. The Wall Street Unplugged Premium is my members-only podcast where I dive even deeper into this week’s events. Well, I’ll do even more than tell you what’s moving these markets. I’ll tell you specifically what moves you can make today. So this is going to be about trading. Put big money in your pocket right away due to the inconsistencies I see daily in the market.

I’m talking about specific investment ideas. I’m recommending and tracking each week that I believe will be impacted directly by everything I just talked about today. Plus, you’re going to get the chance to go even further down the rabbit hole with me and my co-host, Daniel Creech, as we discuss which of these week’s trends could turn into massive windfalls. Massive windfalls, the big trends that we see lurking on the horizon. Also, the news we’re picking up from our network of insiders, which has gotten bigger and bigger thanks to you and so many people listening to this podcast in over 100 countries. And you’ll get a chance to talk to me directly in my special Ask Me Anything Q&A session. All that and a lot more like premium interviews with world leaders in finance, technology, industry and politics. This is all part of Wall Street Unplugged Premium and becoming a member is super simple and super cheap, so head on over to WSUoffer.com to check it all out. Sign up today and you won’t miss a thing. That’s WSUoffer.com.

0:54:36 – Announcer

Wall Street Unplugged is produced by Curzio Research, one of the most respected financial media companies in the industry. The information presented on Wall Street Unplugged is the opinion of its host and guests. You should not base your investment decisions solely on this broadcast. Remember, it’s your money and your responsibility.