Podcasts about New York Mercantile Exchange

Philip was recently on Get a Grip on Lighting, Episode 381, (getagriponlighting.com/episode-381-induction-dont-call-it-a-comeback-philip-gotthelf), making him one of our few cross-over guests. His company, Tesla Induction Lighting makes Dark Sky compliant induction light fixtures and lamps. That means, no flicker, little glare, recoverable mercury, and long-lasting bulbs. If you want the turtles to head out to the sea instead of up to the road, Philip claims his bulbs are the only proven white light fixtures that will not distract them. Michael asks, “Does the lighting industry have any idea what it's doing?” Philip answers him directly… Philip Gotthelf is a world renowned authority on energy markets and technologies. His expertise dates back to the original formation of energy futures markets in the 1970s where he worked directly with the New York Mercantile Exchange to popularize their crude oil and #2 heating oil contracts. In response to the first Earth Day on April 22nd, 1970, Philip Gotthelf became a crusader against the “Five Ps;” the pollution targets of 1) air, 2) water, 3) soil, 4) light, and 5) noise. In 1982, he revived Nikola Tesla's magnetic induction light (MIL) to achieve energy efficiency and longevity while reducing light pollution and protecting soil and water from dispersed mercury contained in fluorescent bulbs. In 2007, he created a line of modernized MIL under Ultra-Tech Lighting™ which is now operating as Tesla Induction Lighting Co. in deference to Nikola Tesla who invented the technology. His design objectives included minimizing glare and light pollution to achieve Dark Sky compliance without sacrificing visual acuity, creating quiet drivers (ballasts) to address noise pollution such as the 20,000 cycle harmonic that can disturb bats and canines, encapsulating mercury to render it environmentally inert, eliminating high-frequency flicker to eliminate dangers of strobe migraines or even epilepsy, and developing precise spectral tuning to provide the correct wavelengths for specific applications. Tesla Induction Lighting has the only proven “white light” fixture that does not distract sea turtles like the Green and Loggerhead. His Snow-Bright™ brand has been approved as Dark Sky compliant by the Grand Teton Environmental Commission and the University of Wyoming infrared observatory. Philip Gotthelf has been an active environmentalist for more than half a century. 

If Nikola Tesla only knew… Philip Gotthelf has run with Tesla's invention and made it “the most advanced sustainable commercial lighting on the planet.” In this episode, you'll learn about induction lighting, but Philip is also pretty knowledgeable about LED, flicker, and blue light effects on the pineal gland. And don't get him started on road lighting! Philip Gotthelf is a world renowned authority on energy markets and technologies. His expertise dates back to the original formation of energy futures markets in the 1970s where he worked directly with the New York Mercantile Exchange to popularize their crude oil and #2 heating oil contracts. In response to the first Earth Day on April 22nd, 1970, Philip Gotthelf became a crusader against the “Five Ps;” the pollution targets of 1) air, 2) water, 3) soil, 4) light, and 5) noise. In 1982, he revived Nikola Tesla's magnetic induction light (MIL) to achieve energy efficiency and longevity while reducing light pollution and protecting soil and water from dispersed mercury contained in fluorescent bulbs. In 2007, he created a line of modernized MIL under Ultra-Tech Lighting™ which is now operating as Tesla Induction Lighting Co. in deference to Nikola Tesla who invented the technology. His design objectives included minimizing glare and light pollution to achieve Dark Sky compliance without sacrificing visual acuity, creating quiet drivers (ballasts) to address noise pollution such as the 20,000 cycle harmonic that can disturb bats and canines, encapsulating mercury to render it environmentally inert, eliminating high-frequency flicker to eliminate dangers of strobe migraines or even epilepsy, and developing precise spectral tuning to provide the correct wavelengths for specific applications. Tesla Induction Lighting has the only proven “white light” fixture that does not distract sea turtles like the Green and Loggerhead. His Snow-Bright™ brand has been approved as Dark Sky compliant by the Grand Teton Environmental Commission and the University of Wyoming infrared observatory. Philip Gotthelf has been an active environmentalist for more than half a century. 

On the Positive Enterprise Value Podcast, I get a chance to interview some of the most amazing and interesting Entrepreneur Owner-Managers (EOMs) on the planet and deconstruct some of their entrepreneurial journey…from disrupting their industries to being a game changer in their industries to potentially having a capital gain and using the liquidity from that to fuel the next chapters of their lives. Today you will hear my interview with Bill Perkins. Bill is a well-known energy trader who graduated from the University of Iowa with an electrical engineering degree, who quickly pivoted and joined New York Mercantile Exchange as an energy trader. Over the next 10 to 15 years, he worked and played in that world causing him to have certain experiences that changed his views on the world. His views and learnings from that time are reflected in his book, which is called Die with Zero. A book I love but hate the title of because I find it to be limiting in conveying what the book is all about….so much more than just dying with zero. My friend Ed Wilson humorously suggested that the book be titled “Die with Zero Regrets.” Bill was the featured speaker at the 2024 Bigelow Forum, where we brought together about 100 EOMs and their spouses from across the country to think about some of the themes in Die with Zero and challenge our current thinking. Some of the themes from Die with Zero, include for example, as you accumulate value in your life, the question of why? Are you over saving? When do you share some of this with your philanthropic causes or with your children? Are you trying to be your own insurance company by saving for your mortality or saving for your longevity? Bill was extremely provocative at the Bigelow Forum. We had a great time both hearing his keynote to us for about an hour as well as the live podcast interview done just after his talk, which is really a series of questions from the audience that I know you're going to love. So, without any further ado I hope you enjoy Bill Perkins as much as I do.

The securities market is in focus today as we speak to one of the founding clearing members of the Singapore Exchange Derivatives Trading or (SGX-DT).  Inaugurated some 40 years ago in 1983 as Phillip Futures, our guest for today is multi-asset broker Phillip Nova.  As a member of the PhillipCapital Group, the company has grown over the years and now prides itself as one of the region's top brokers for the trading of CFD, Forex, Futures and Stocks.  It also taps PhillipCapital Group's network companies to access exchanges around the world, including the Singapore Exchange, the Hong Kong Exchange, the Japanese Exchange Group, the New York Mercantile Exchange, the COMEX and more.  The company was rebranded in Phillip Nova in 2022 after the firm received its own securities brokerage licence to broaden its service offerings.  Its CEO had said then that the rebranding initiative was meant to reflect the brokerage's expanded suite of offerings ranging across five asset classes namely: stocks, futures, forex, commodities and CFDs.  But Phillip Nova is an interesting company to talk about not just because of the rebranding initiative, but also because of the markets it is eyeing on in a bid to drive growth.  For one thing, the firm had in March this year offered the trading of Istanbul-quoted futures.  Representatives of its parent company, PhillipCapital had also met up with the senior management team of the regulator of financial services in the Republic of Kazakhstan, on the sidelines of the Kazakhstan-Singapore Business Forum that took place in May last year.  But what are the opportunities in these markets, and how will Phillip Nova partner up with industry players to deepen its stock trading links in order to penetrate into these relatively untapped markets? On Under the Radar, The Evening Runway's finance presenter Chua Tian Tian posed these questions to Teyu Che Chern, CEO, Phillip Nova.See omnystudio.com/listener for privacy information.

Bill Perkins showed up at the New York Mercantile Exchange every day until he got a job as an assistant peon. He started with a salary below $16,000 per year and drove a limo in the evenings to make ends meet. Yet, he dedicated his nights to reading books on trading, the oil market, and options. Through unwavering determination, he became a millionaire by 30. Today, he is one of the world's most successful hedge fund managers and entrepreneurs. In this episode, Bill shares his wisdom about making money and how to spend it. He also explains why your goal should be to die with zero dollars in the bank instead of as a millionaire. Bill Perkins is a hedge fund manager, film producer, and high-stakes poker player. He trained on Wall Street before finding success as an energy trader in Houston, TX. He's the author of Die With Zero, which advocates prioritizing experiences over wealth accumulation for retirement. In this episode, Hala and Bill will discuss: - Bill's foray into finance - His advice for aspiring millionaires - What commodities hedge funds do - His approach to taking calculated risks - Why he prioritizes experiences over possessions - Money as a tool to drive fulfillment  - The balance between work and play  - The pitfalls of saving yourself out of a life - The peak utility of your money - The fear of dying broke vs. not living life to the fullest - Planning for optimal fulfillment with time bucketing - And other topics… Bill Perkins is a hedge fund manager, film producer, author, and high-stakes poker player. After studying engineering, he trained on Wall Street and later moved to Houston, TX, where he made a fortune as an energy trader. During the 2007-2008 financial crisis, he profited $1.25 million in one week trading Goldman Sachs stock. His fund saw gains of over 100% in 2021 and 208% in 2022 by betting on rising natural gas prices ahead of Russia's invasion of Ukraine. His book, Die With Zero, advocates prioritizing memorable experiences over wealth accumulation. Bill views his career as an engine for personal growth and spends his time exploring the world, savoring his relationships, and taking in all that life has to offer.  Resources Mentioned: Bill's Website: https://www.diewithzerobook.com/welcome  Bill's LinkedIn: https://www.linkedin.com/in/bill-perkins-dwz/   Bill's Twitter: https://twitter.com/bp22   Bill's Instagram: https://www.instagram.com/billperkins/  Bill's Facebook: https://www.facebook.com/diewithzero/  Bill's Book, Die with Zero: Getting All You Can from Your Money and Your Life: https://www.amazon.com/Die-Zero-Getting-Your-Money/dp/0358099765   Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence by Vicki Robin and Joe Dominguez: https://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766  LinkedIn Secrets Masterclass, Have Job Security For Life: Use code ‘podcast' for 30% off at yapmedia.io/course.    Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Indeed - Get a $75 job credit at indeed.com/profiting. Rakuten - Get 15% Cash Back during Rakuten's Big Give Week from May 6th to May 13th, and join for free to score an extra 10% boost at rakuten.com! Yahoo Finance - For comprehensive financial news and analysis, visit YahooFinance.com Kajabi - Get a free 30-day trial to start your business at Kajabi.com/PROFITING. LinkedIn Marketing Solutions - Get a $100 credit on your next campaign at LinkedIn.com/YAP.    More About Young and Profiting Download Transcripts - youngandprofiting.com Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review - ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting   Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala   Learn more about YAP Media's Services - yapmedia.io/

Tom welcomes back Tony Greer from the Morning Navigator to delve into the various market trends and investment strategies. Greer, who is bullish on gold, S&P, industrial miners, and uranium, while bearish on bonds, shares his perspective on the current economic climate. He references the volatile year of 1994, when the Federal Reserve raised interest rates to combat inflation, and believes that if similar circumstances arise again, the Fed will respond with rate cuts, leading to a bullish stock market environment. The commodity sector, particularly natural resources and housing, has seen a significant shift from tech markets, which remain mixed or flat. Greer attributes this trend to potential geopolitical tensions and increasing ISM manufacturing figures, possibly pointing towards the early stages of a World War III scenario. Greer discusses his bullish stance on gold due to central bank buying and physical demand. While some may view the recent gold rally as a head fake, he remains committed to the precious metal. He believes that declining total gold ETF holdings could indicate less speculation and increased interest in physical gold ownership. The speakers also touch upon the potential implications of increasing national debt on the US dollar and the possibility that fiat currencies, including the US dollar, will decline against gold. They ponder if the current trends in oil, copper, and other commodities represent a cyclical shift from underinvestment to materials necessary for economic growth. Throughout their discussion, they emphasize the importance of staying informed about market changes and adjusting investment strategies accordingly. Greer suggests repositioning portfolios towards natural resources and industrial sectors, despite slower growth compared to tech stocks, as these markets may have more significant impacts with smaller amounts of capital. The conversation highlights potential long-term consequences of current economic trends, including national debt levels and the role of gold as a safe-haven asset. Timestamp References:0:00 - Introduction0:40 - Bullish Stocks & Gold9:23 - Fed Games & Inflation15:12 - Gold Rally & Disorder17:15 - Gold Vs. Silver18:12 - Metals & Frustration20:30 - Capital Rotation23:17 - Gold ETF Declines24:42 - Metal Investing26:20 - The WHO Quagmire28:44 - Confidence in Media30:18 - Exponential Debt31:49 - Oil & Copper Cycles33:52 - Peak Frustration36:40 - Uranium Fundamentals39:13 - Time to Pay Attention42:30 - Wrap Up Talking Points From This Episode Tony is bullish on both gold, miners and the S&P 500. Declining Gold ETF Holdings could signal a shift from paper to physical. Tony discusses the importance of paying careful attention to your portfolio this year. Guest Links:Substack: https://tgmacro.substack.com/Twitter: https://twitter.com/tgmacroWebsite: https://tgmacro.com/E-Mail: tony@tgmacro.com After graduating from Cornell University in 1990 Tony followed in his father's footsteps to a Wall Street trading operation. He quickly learned his career path would be vastly different. He says, "I would not be sitting in the same seat on the same trading desk managing the same risk for the same firm for over 30 years." We have clearly entered a new era in financial markets. He began in the treasury department of Sumitomo Bank on the 107th floor of the World Trade Center downtown Manhattan. Tony was an FX trading assistant while the Quantum Fund was breaking the Bank of England in 1992. In 1993 he joined Union Bank of Switzerland as an FX and commodities trader, spending half a year as a Vice President in their Zurich treasury department. Then returned to New York City early in 1995 to join J. Aron & Company, the privately held commodity trading arm of Goldman Sachs. He managed risk for the Goldman Sachs Commodities Index, in precious and base metals trading, and futures and options trading on the New York Mercantile Exchange.

When you think of a potato, one state probably comes to mind: Idaho. But for much of American history, Maine was home to the nation's largest potato crop. That status had changed by the 1970s, with the West growing more and more of the nation's potatoes. But Maine still had one distinct advantage: A privileged position in the commodities market. The New York Mercantile Exchange, one of the largest such marketplaces in the country, exclusively dealt in Maine potatoes. And two deep-pocketed Western potato kingpins weren't happy about it. So the Westerners waged what's now called the Maine Potato War of 1976. Their battlefield was the futures market: A special type of marketplace, made up of hordes of screaming traders, where potatoes can be bought and sold before they're even planted. The Westerners did something so bold – and so unexpected – that it brought not only the potato market, but the entire New York commodities exchange, to its knees. Today on the show, how a war waged through futures contracts influenced the kind of potatoes we eat. This episode was hosted by Dylan Sloan and Nick Fountain. This episode was produced by Sam Yellowhorse Kesler with help from Emma Peaslee. It was edited by Molly Messick, engineered by Valentina Rodríguez Sánchez, and fact checked by Sierra Juarez. Our executive producer is Alex Goldmark. Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

John D'Agostino is the Institutional Lead for Advisory and Strategic Partnerships at Coinbase. In this interview, we discuss his background working for the New York Mercantile Exchange, seeking out enjoyment, and the flip side of getting kidnapped. We also talk about the maturity of the Bitcoin market, covering both the regulatory threats and institutional appetite.  - - - -  John D'Agostino is certainly a unique character. He was the subject of a best-selling book back in 2007 after he set out to open up the first oil exchange in the Middle East, which acted as a catalyst for capital markets in the region. However, his life has produced enough for more than a single book: he is the first person I have spoken to who has been kidnapped.    As someone who seeks out new exciting opportunities, it's not a surprise that John landed a prominent position within the digital assets industry. As a senior advisor to Coinbase, he's well-positioned to reflect on the state of the industry as it navigates a period of uncertainty. Post FTX, what is the direction of government regulation in the US and abroad? Furthermore, what are institutional investors waiting to do? John sets out what he sees as a huge gap between the US and the rest of the world in terms of digital asset regulation. And yet, not least because of the popular support for digital assets among the electorate, he views this as being a temporary situation which provides international players with a headstart over the US.  John is strongly optimistic about the future of Bitcoin and other digital assets, particularly because of the potential to unlock value through programmable and immutable instruments. He's also seeing the backed-up demand from institutional investors, just waiting for regulatory clarity. He's been part of shaping change in the financial world once already. Who'd bet against him doing it again?

“Action begets action. Bodies at rest tend to stay at rest. Bodies in motion tend to stay in motion… Make something happen, anything.”— John D'AgostinoJohn D'Agostino is the Institutional Lead for Advisory and Strategic Partnerships at Coinbase. In this interview, we discuss his background working for the New York Mercantile Exchange, seeking out enjoyment, and the flip side of getting kidnapped. We also talk about the maturity of the Bitcoin market, covering both the regulatory threats and institutional appetite. - - - - John D'Agostino is certainly a unique character. He was the subject of a best-selling book back in 2007 after he set out to open up the first oil exchange in the Middle East, which acted as a catalyst for capital markets in the region. However, his life has produced enough for more than a single book: he is the first person I have spoken to who has been kidnapped. As someone who seeks out new exciting opportunities, it's not a surprise that John landed a prominent position within the digital assets industry. As a senior advisor to Coinbase, he's well-positioned to reflect on the state of the industry as it navigates a period of uncertainty. Post FTX, what is the direction of government regulation in the US and abroad? Furthermore, what are institutional investors waiting to do?John sets out what he sees as a huge gap between the US and the rest of the world in terms of digital asset regulation. And yet, not least because of the popular support for digital assets among the electorate, he views this as being a temporary situation which provides international players with a headstart over the US. John is strongly optimistic about the future of Bitcoin and other digital assets, particularly because of the potential to unlock value through programmable and immutable instruments. He's also seeing the backed-up demand from institutional investors, just waiting for regulatory clarity. He's been part of shaping change in the financial world once already. Who'd bet against him doing it again?- - - - This episode's sponsors:Iris Energy - Bitcoin Mining. Done Sustainably Ledn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by defaultUnchained - Secure your bitcoin with confidence-----WBD665 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

In this episode of the podcast, I'm joined by the author of DIE WITH ZERO, Bill Perkins. It's a book that has really grabbed me, made an impact and helped me noticeably change things. There are plenty of books on money and building wealth, and by and large, they are solving for net worth, not net fulfillment.  Bill Perkins "The Last Cowboy" according to the Wall Street Journal, is one of the world's most successful hedge fund managers and entrepreneurs. After studying electrical engineering at the University of Iowa, Bill trained on Wall Street and later moved to Houston, TX where he made a fortune as an energy trader. Perkins is currently the CEO of BrisaMax Holdings, a consulting services firm based in the U.S. Virgin Islands. Now at age 52, Bill views his career as an engine for personal growth and spends his time exploring the world, savoring his relationships, and taking in all that life has to offer. DIE WITH ZERO is a labor of love project. Bill has been developing the principles outlined in the book since his first job making $16,000 a year in the 90's as a screen clerk for the New York Mercantile Exchange. Life is finite and urgent and even if we live long, there are periods in our lives that die. Bill's approach is a beautiful intersection of your income, health and the stage of life you're in so you can get the most out of it.    Guest Info Bill Perkins "The Last Cowboy" according to the Wall Street Journal, is one of the world's most successful hedge fund managers and entrepreneurs. After studying electrical engineering at the University of Iowa, Bill trained on Wall Street and later moved to Houston, TX where he made a fortune as an energy trader. Perkins is currently the CEO of BrisaMax Holdings, a consulting services firm based in the U.S. Virgin Islands. Now at age 52, Bill views his career as an engine for personal growth and spends his time exploring the world, savoring his relationships, and taking in all that life has to offer. DIE WITH ZERO is a labor of love project. Bill has been developing the principles outlined in the book since his first job making $16,000 a year in the 90's as a screen clerk for the New York Mercantile Exchange. Go to https://www.diewithzerobook.com/ to buy and review the book. Follow @diewithzero and follow @billperkins on Instagram.   CTA ​​Please leave us a review at https://ratethispodcast.com/nla  

Tom welcomes back Tony Greer from the Morning Navigator to discuss the current markets and his outlook for the year. Tony expects further inflation, particularly from energy with the green transition. Markets are chaotic at the moment, much of which has to do with the yield curve – currently steeper than during the Great Financial Crisis and the Dot Com Bubble. It is important to watch what rates and the dollar are doing to understand how aggressive one can be with one's trades. He explains the bond markets' impact on the rest of the financial markets, and the current inversion signalling of a recession ahead. He is bullish on oil and refineries, believing the downside on energy is limited and oil-related companies have good upside. Tony gives his thoughts on gold, natural gas and why we've had a pullback in price, and why he believes energy and natural resources will be the outperformers this year, while tech will move sideways or down. Technology had a huge rally over the past couple of years, so a correction was overdue. Timestamp References:0:00 - Introduction0:40 - The Setup for 20237:45 - Yield Curve Importance11:40 - Inflation & Commodities13:20 - Energy & Risks19:20 - WTI & Breakeven Price21:24 - Dollar Trends25:04 - Long Gold?29:06 - Natural Gas Trends34:25 - Carbon & Commodities37:20 - Nuclear & Public Opinion39:45 - Resource Companies43:18 - Rates & Tech Sector45:47 - CFTC & COT Reports48:46 - Events & Bigger Themes52:12 - Concluding Thoughts Talking Points From This Episode The yield curve is currently inverted steeper than during past financial crises which could be a signal for a coming recession.Tony is bullish on oil and refineries and believes gold is a good risk mitigating investment this year.Why energy and natural resources will probably outperform this year.Tech sector is likely to churn sideways. Guest Links:Substack: https://tgmacro.substack.com/Twitter: https://twitter.com/tgmacroWebsite: https://tgmacro.com/E-Mail: tony@tgmacro.com After graduating from Cornell University in 1990 Tony followed in his father's footsteps to a Wall Street trading operation. He quickly learned his career path would be vastly different. He says, "I would not be sitting in the same seat on the same trading desk managing the same risk for the same firm for over 30 years." We have clearly entered a new era in financial markets. He began in the treasury department of Sumitomo Bank on the 107th floor of the World Trade Center downtown Manhattan. Tony was an FX trading assistant while the Quantum Fund was breaking the Bank of England in 1992. In 1993 he joined Union Bank of Switzerland as an FX and commodities trader, spending half a year as a Vice President in their Zurich treasury department. Then returned to New York City early in 1995 to join J. Aron & Company, the privately held commodity trading arm of Goldman Sachs. He managed risk for the Goldman Sachs Commodities Index, in precious and base metals trading, and futures and options trading on the New York Mercantile Exchange. He started his first venture in 2000 – Machine Trading which happened right before the tech bubble burst. That decision was his first excruciating life lesson in market timing. It turned out to be an extremely valuable learning experience. He believes there is a massive opportunity with both the unprecedented situation in global markets and in the way financial news is consumed. In 2016, he started TG Macro, LLC.

A conversation on the floor of the New York Mercantile Exchange while he was an undergraduate student at Columbia University changed Brian Grimes' life. After graduating from Columbia in 2011, he embarked on a career in Financial Planning at AXA Advisors before transitioning to high net worth asset management at Bridgewater Advisors. In 2015, he launched his own real estate development company in his home town of Philadelphia. He's gone on to gut and renovate over 300 rental properties across the country using the BRRRR strategy.   He founded the 24/7 Cash Flow University to teach students how to create passive income and escape their 9-5 desk job. Through his 100Key$ Master Class, Brian teaches students how to acquire, full-gut renovate and stabilize cash flowing rental property portfolios.   He lives in the Bronx with his wife, Zila Acosta-Grimes and two sons, Brian III and Tomas.   More info at https://workwithgrimes.com/cashflow50596073   Brian's Instagram.  Instagram @365brothers Are you our next guest? - Let's talk. Support us!   365 Brothers on Patreon.  Check out Alitu for more ease editing, polishing and publishing your podcast. About this podcast: In each episode, a Brother reflects on his life; explores the experience of being a Black man in America; shares his interactions with law enforcement; and answers the signature question "If America was a woman, what would you say to her? You won't find a collection of conversations with Black men like this anywhere else. Hear their wisdom. Be inspired. Host, Rahbin Shyne, is an author, educator, creative and avid half-marathon walker. https://365brothers/linktree Sequence Vitamins formulated by Dr. Greg Hall specifically for the supplement needs of African Americans. Take advantage of the 20% discount available to 365 Brothers listeners for a 90-day supply. Special thanks to our earliest and consistent supporters, Sonji Walker, Abigail Gonzalez, William C. Hamilton, Jr. and Shedrick Sanders.

Mitchell has been a professional astrologer in New York City for more than three decades specializing in financial astrology and medical chart interpretation as well as relationships, elective astrology & life direction. Mitchell works with natal charts, transits, solar arc direction, secondary progressions and composite charts. His international astrology clientele include leading financiers, health professionals, renowned entertainment industry figures, and people from all walks of life. He's been quoted in Barron's, the New York Daily News, and many other publications. Throughout the 90's he worked on the floor of the New York Mercantile Exchange and became well-known as an astrological trader and market analyst. He is the author of the Starlight Detective Agency mystery series, which have developed a cult following among savvy mystery buffs, and the third novel in the series, Evil in the 1st House, was recently published by Poisoned Pen Press. Learn more about Mitchell, view his talks on finance and world affairs, and much more at MitchAstro.com. Connect with Mitchell Scott Lewis here Find out more about Christ Clemons Hoffman and the Radiate Wellness Community here Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the podcast, I'm joined by the author of DIE WITH ZERO, Bill Perkins. It's a book that has really grabbed me, made an impact and helped me noticeably change things. There are plenty of books on money and building wealth, and by and large, they are solving for net worth, not net fulfillment.  Bill Perkins "The Last Cowboy" according to the Wall Street Journal, is one of the world's most successful hedge fund managers and entrepreneurs. After studying electrical engineering at the University of Iowa, Bill trained on Wall Street and later moved to Houston, TX where he made a fortune as an energy trader. Perkins is currently the CEO of BrisaMax Holdings, a consulting services firm based in the U.S. Virgin Islands. Now at age 52, Bill views his career as an engine for personal growth and spends his time exploring the world, savoring his relationships, and taking in all that life has to offer. DIE WITH ZERO is a labor of love project. Bill has been developing the principles outlined in the book since his first job making $16,000 a year in the 90's as a screen clerk for the New York Mercantile Exchange. Life is finite and urgent and even if we live long, there are periods in our lives that die. Bill's approach is a beautiful intersection of your income, health and the stage of life you're in so you can get the most out of it.    Guest Info Bill Perkins "The Last Cowboy" according to the Wall Street Journal, is one of the world's most successful hedge fund managers and entrepreneurs. After studying electrical engineering at the University of Iowa, Bill trained on Wall Street and later moved to Houston, TX where he made a fortune as an energy trader. Perkins is currently the CEO of BrisaMax Holdings, a consulting services firm based in the U.S. Virgin Islands. Now at age 52, Bill views his career as an engine for personal growth and spends his time exploring the world, savoring his relationships, and taking in all that life has to offer. DIE WITH ZERO is a labor of love project. Bill has been developing the principles outlined in the book since his first job making $16,000 a year in the 90's as a screen clerk for the New York Mercantile Exchange. Go to https://www.diewithzerobook.com/ to buy and review the book. Follow @diewithzero and follow @billperkins on Instagram.   CTA ​​Please leave us a review at https://ratethispodcast.com/nla  

About the book Die with Zero by legendary energy trader, Bill Perkins, details a thought-provoking framework for maximizing net fulfillment, over net worth.  Die with Zero introduces the compelling principles he uses to think about personal finances, and more importantly, life.  Die with Zero is not something Perkins came up with after building his wealth. It's packed with stories from his first job on Wall Street making $16,000 annually, to getting fired and feeling lost in life. To his life today: a hedge fund manager, film producer, high stakes poker player, and resident "Indiana Jones" for several charities. Called the "Last Cowboy" by the Wall Street Journal, Bill Perkins is reported to have earned more than $1 billion for his previous firm in five years. Source: https://www.diewithzerobook.com/welcome About the author "The Last Cowboy" according to the Wall Street Journal, Bill Perkins is one of the world's most successful hedge fund managers and entrepreneurs. After studying electrical engineering at the University of Iowa, Bill trained on Wall Street and later moved to Houston, TX where he made a fortune as an energy trader. Perkins is currently the CEO of BrisaMax Holdings, a consulting services firm based in the U.S. Virgin Islands. Now at age 52, Bill views his career as an engine for personal growth and spends his time exploring the world, savoring his relationships, and taking in all that life has to offer. DIE WITH ZERO is a labor of love project. Bill has been developing the principles outlined in the book since his first job making $16,000 a year in the 90's as a screen clerk for the New York Mercantile Exchange. Source: https://www.diewithzerobook.com/welcome Big idea #1 - The risk of missed experiences Big idea #2 - Won't somebody think of the children?! Big idea #3 - Timing is everythingSupport my book habit: https://www.buymeacoffee.com/stephsbookshelfSee omnystudio.com/listener for privacy information.

On today's episode of the Lab Coat Agents Podcast, host Jeff is talking with Brian Grimes - Founder of 24/7 Cash Flow University. He is an ivy league grad who loves to play basketball. Brian grew up in Philly in the C Class neighborhood, during that Allen Iverson era. Brian has experience in the C-class which from a real-estate point of view is very risky. Brian talks about how he is kind of building a model that is a bit more recession proof. Tune in for all of the details! Episode Highlights: Basketball took Brian around the country, around the world to degree and then landed him at Columbia University. At Columbia University, he met former athletes that became mentors of him in the trading field for options traders down on the New York Mercantile Exchange to commercial and mortgage real estate brokers. The mentors gave Brian principles and knowledge that transformed the way that he thought about himself. Brian shares instances from his career and how his interest in Finance spiked.  Brian became a financial planner so that he could build his own schedule. He was selling insurance annuities. He was on a 100% commission, and he didn't make a dime for his first six months.  If you put in energy today two months from now, it will come back in the form of you know cash flow or whatever you were looking for and you start to trust that when you are in a Commission based environment, says Brian. Brian went on to work at a high-net-worth boutique firm in New York managing where they managed 1.4 billion for about 300 wealthy families. He worked at an insurance startup policy genius, where he was running their call center nationally. They were selling thousands of policies a month and building that out and using his sales skills.  Brian talks about his struggles in the real-estate market and how he got duped by a contractor.  He continues to iterate and get better over the course of time and that had led to, 300 full gut rehabs over the course of that, maybe the next five to seven years from that point. The more risk you take the more reward there is. So, the cap rates in the C Class are definitely juicier, says Brian. At the end of the day real estate in cash flow investing is all about picking good tenants, says Brian. Brian bought properties in a marginal C class neighborhood that he knew new working-class people would live in. People who work for the city, who work for SEPTA, who drive buses or who belong to the working class. Brian has the required skill set, a 20,000 square foot warehouse, 150 contractors, best contractors and city. He can go and flip properties like anywhere in the country and he has the experience to do it.  He can flip them in the eight class neighborhoods, but it doesn't match his prime mission which is to re-build the C Class neighborhoods until they look like the beat or a class neighborhood to put people back into the neighborhoods to run out blight and to restore money bouncing in those neighborhoods.  If you get mentorship, you can navigate and learn from somebody who has done it 100 times in these types of neighborhoods and get all the lessons that you need so that you can do it successfully from day one, says Brian. People are not their credit score. The credit score model is a is a slightly outdated. You will find people with good credit scores who don't pay for whatever reason. You have to underwrite people, not credit scores. So, you have to get into, like, their job. Is there a job actually durable? What type of job are they doing? You have to test your tenants as well, says Brian. People who can articulate themselves well, speak well, calmly, they are going to be the same way when something goes wrong in your property and something is always going to go wrong, says Brian. Brian talks about the importance of landlord tenant law and how one can save themselves a lot of trouble by learning and understanding the law. Brian warns about people who know how to gain from the system because the credit score doesn't tell you that. Before you hand over possession, you better do everything in your power to ensure that you picked a good tenant.   No matter what sector of real estate you are in, if you can't pick winners, it's not long before you will be out of business, says Brian. Brian is a strategy agnostic, and he believes in having multiple strategies. He suggests as a new real estate agent you need to be able to adjust to the market. The more knowledge you have about different strategies that are available to you, the more money you'll make.  If you went to Baltimore right now or Cleveland or parts of Philly, they're not going to experience major downturns in the market right now even with rates going up and some of these things. So, you have to look at the hard-core data and realize. "We are state specific," says Brian. 3 Key Points: Brian shares how  he has best used his experiences from different jobs to start his own real-estate business. If you are not from the C Class, you would want to have some type of mentorship from somebody who is, if that's something you want to do because the cap rates are better, the cash flow is better, says Brian. Jeff and Brian talk about the importance of identifying good tenants.  Resources Mentioned:  Lab Coat Agents | Website | Facebook | Facebook Group | Twitter | Instagram  Jeff Pfitzer   | Instagram | LinkedIn | Twitter Follow Up Boss (Sponsor) Chime (Sponsor) Z buyer (sponsor) Street Text (sponsor)   Brian Grimes: https://www.youtube.com/channel/UCTYE7wOTs5VMHGdHnfLcWyw https://www.instagram.com/briangrimes_247cfu/?hl=en https://www.247cashflowuniversity.org/ https://www.facebook.com/247cashflowuniversity/?_rdr https://workwithgrimes.com/cashflow50596073

China's importation of platinum has shifted platinum's supply balance into deficit, says independent precious metal consultant Dr David Davis. Supply-and-demand forecasts presented to the market are not giving the complete picture, Davis contends in a 17-page analysis published by Singapore-based Auctus Metal Portfolios. This has led to the contradiction of global markets reporting significant surpluses while exhibiting distinct tightness, he points out. When taking China's imports into account, global above-ground stocks are significantly higher than the level reported, according to his calculations. Above-ground inventory in China is globally immobile in that it is imported but not exported, and Davis finds that recognition is not being to the correct equation to calculate stock, namely that stock equals imports minus demand, minus exports. The contention that China's platinum imports are continuing to run well ahead of identified demand dovetails with the comment of the World Platinum Investment Council (WPIC), which put ‘excess/unexplained' 2021 imports at about 1.3-million ounces, a number well in excess of the estimated 2021 global platinum surplus of 769 000 oz. WPIC stated further that while the flow of excess imports into China had not been captured in its supply/demand analyses, elevated lease rates as well as the reduction in New York Mercantile Exchange stocks suggested that China would continue to import more than it used – “a very big driver that puts a ‘bit of a contradiction' into a market that's in massive surplus, yet the market is tight”. Moreover, additional autocatalyst loadings, rapid hydrogen fuel cell development and green technologies are poised to add to demand for platinum group metals, as is the price mismatch between palladium and platinum, which is driving original equipment manufacturers to substitute palladium with platinum in petrol-driven combustion vehicles. Under these circumstances, Davis expects China to likely continue to add still further to its platinum inventory, particularly when its price is down. In doing so, he anticipates the likelihood of likelihood of it becoming an upside price risk in the medium to long term, “as China would literally suck platinum out of the system, which would, in turn, further contribute to a tightening in the platinum market, which would put upward pressure on the price of platinum”. Global platinum mine supply is heavily dependent on supply from South Africa (72%) as well as Russia (12%). Supply from North America (6%) and Zimbabwe (7%) is small by comparison. “This distortion in regional supply distribution becomes strategically important should the supply of platinum from the South African platinum mining industry decline and platinum and palladium exports from Russia to the West be blocked by British, European and American sanctions,” says Davis, in noting that South Africa's platinum industry has in the past faced electricity shortages, increased costs, prolonged industrial action and heightened community action. In 2021, platinum mining companies began to invest in reserve replacement but Davis describes the quantum of investment as being unlikely to stave off the overall decline in platinum supply, or return the platinum markets to surplus any time soon. Davis' research relies on an audited global trade database compiled by the United Nations Comtrade International Trade Statistics Division, which provides yearly information on imports and exports of platinum by country, as well demand data published by a range of other recognised providers of demand data.

Tom welcomes a new guest to the show, Tony Greer. Tony comes highly recommended by the 'Chicken with a Terminal' - Doomberg. He details his background on Wall Street and experience with both commodities and writing a morning newsletter. Tony explains his two daily reminders which help maintain his focus on the markets. Assets are key and the Fed will continue to print. This is why the stock markets continue to rise. The talk of a taper continues while the Fed's balance sheet keeps ballooning. We have massively diluted the dollar over the past couple of years and therefore inflation is destined to continue. Tony says he "hates losing money" and that helps him focus on the charts. Staying with what is working is key for him and finding the early-stage opportunities. Patience is key along with sticking to your strategy. The tech sector is taking a massive percentage of the equities markets when compared with energy or resources. The ESG theme is choking oil supplies by squelching investment and canceling projects. He's looking for two hundred dollar crude prices in the future. Our position on energy has deteriorated under Biden and we are once again highly reliant on foreign oil and OPEC. He expects the commodity and resource space to do well during the inflation period we are entering. The world needs battery metals and other base metals to reach electrification goals. We're seeing a rotation out of everything tech and into other sectors including commodities. He discusses gold and the risks that come with it. It's highly correlated to the dollar and often has early morning raids. For Tony, there are often way better trades. The bullish case for crypto is being demonstrated right now with Trudeau's actions. Crypto may have a hard time rallying when commodities are moving. However, cryptos don't have to be performing to be important in the world's economy. Lastly, he says, "Make sure you're adjusting your portfolio to deal with inflation." Time Stamp References:0:00 - Introduction1:10 - The Morning Navigator5:12 - Post It Reminders9:12 - Staying Nimble14:42 - Risk & Leverage17:55 - Inflation & Oil24:54 - Europe Lessons27:34 - US Energy Policy30:13 - Equity Rotation35:28 - Bearish Signposts38:40 - VIX Thoughts44:20 - Gold Factors47:55 - Gold & Inflation50:20 - Crypto Markets54:48 - Concluding Advice56:40 - Wrap Up Talking Points From This Episode The two factors he bases his daily trades upon.ESG impacts on the energy markets and the risks of further inflation.Tech sector decline and the rotation into commodities and resources.Thoughts on crypto performance in a commodity rally. Guest Links:Twitter: https://twitter.com/tgmacroWebsite: https://tgmacro.com/E-Mail: tony@tgmacro.com After graduating from Cornell University in 1990 Tony Greer followed in his father's footsteps to a Wall Street trading operation. He quickly learned his career path would be vastly different. He says, "I would not be sitting in the same seat on the same trading desk managing the same risk for the same firm for over 30 years." We have clearly entered a new era in financial markets. He began in the treasury department of Sumitomo Bank on the 107th floor of the World Trade Center downtown Manhattan. Tony was an FX trading assistant while the Quantum Fund was breaking the Bank of England in 1992. In 1993 he joined Union Bank of Switzerland as an FX and commodities trader, spending half a year as a Vice President in their Zurich treasury department. Then returned to New York City early in 1995 to join J. Aron & Company, the privately held commodity trading arm of Goldman Sachs. He managed risk for the Goldman Sachs Commodities Index, in precious and base metals trading, and futures and options trading on the New York Mercantile Exchange. He started his first venture in 2000 – Machine Trading which happened right before the tech bubble burst. That decision was his first excruciating life lesson in market ...

In this episode of "Keen On", Andrew is joined by William L. Silber, the author of The Power of Nothing to Lose: The Hail Mary Effect in Politics, War, and Business, to explore the phenomenon in politics, war, and business, where situations with a big upside and limited downside trigger gambling behavior like with a Hail Mary. William L. Silber is a Senior Advisor with Cornerstone Research and was a chaired professor at NYU's Stern School of Business, most recently as the Marcus Nadler Professor of Finance and Economics (2002-2019) and before that as the Dean Abraham Gitlow Professor of Economics and Finance (1990-2002) He was also the Director of the Glucksman Institute for Research in Securities Markets at NYU Stern between 1985 and 2018. In the business world he has been a member of the New York Mercantile Exchange where he traded options and futures contracts, has managed an investment portfolio for Odyssey Partners, and has also been a Senior Vice President, Trading Strategy, at Lehman Brothers. In government service, he has been a Senior Economist with the President's Council of Economic Advisors and was a member of the Economic Advisory Board of the Federal Reserve Bank of New York. He holds an M.A. and Ph.D. from Princeton University and is a graduate of Yeshiva College. He has consulted for various government agencies, including the Federal Reserve Board, the U.S. Senate Committee on the Budget, the House Committee on Banking and Financial Services, and the President's Commission on Financial Structure and Regulation. He has testified in Congress and has been an expert witness in a number of court cases. In 1980 he received the Excellence in Teaching Award at NYU's Stern School of Business and was voted Professor of the Year by MBA students in 1990, 1997, and 2018. In 1999 he was awarded NYU's Distinguished Teaching Medal. Learn more about your ad choices. Visit megaphone.fm/adchoices

On Today's Trivia Podcast Episode The UNICEF Fundraiser is over and we are so happy with how it went. Thank you everyone! Now back to nothing but trivia! Can you answer the following questions: What musical instrument includes a drone, a chanter. and stocks? Which company has the slogan "There Are Some Things Money Can't Buy, for Everything Else, There's - BLANK" Who is college football's only two-time Heisman Trophy winner? Humanity's pre-history is often categorized in a 3 age system. Name two of the three ages. Seven elements from the Periodic Table are traded on the New York Mercantile Exchange, what are they? What is the most recent team to be added to the National Basketball Assocation? In psychoanalytic theory, which part of the unconscious mind is governed by irrational instinctive forces? What is the official name for the piece of land on which the Eastern Band of Cherokee Indians reside today? The 1980s saw Queen produce the soundtracks for 2 different movies. Name them. The tomb of Persian Emperor, Cyrus the Great, is located in Pasaragadae in which country? Music Hot Swing, Fast Talkin, Bass Walker, Dances and Dames by Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 http://creativecommons.org/licenses/by/3.0/ Don't forget to follow us on social media for more trivia at home: Patreon - patreon.com/quizbang - Please consider supporting us on Patreon. Check out our fun extras for patrons and help us keep this podcast going. We appreciate any level of support! Website - quizbangpod.com Check out our website, it will have all the links for social media that you need and while you're there, why not go to the contact us page and submit a question! Facebook - @quizbangpodcast - we post episode links and silly lego pictures to go with our trivia questions. Enjoy the silly picture and give your best guess, we will respond to your answer the next day to give everyone a chance to guess. Instagram - Quiz Quiz Bang Bang (quizquizbangbang), we post silly lego pictures to go with our trivia questions. Enjoy the silly picture and give your best guess, we will respond to your answer the next day to give everyone a chance to guess. Twitter - @quizbangpod We want to start a fun community for our fellow trivia lovers. If you hear/think of a fun or challenging trivia question, post it to our twitter feed and we will repost it so everyone can take a stab it. Come for the trivia - stay for the trivia. Ko-Fi - ko-fi.com/quizbangpod - Keep that sweet caffeine running through our body with a Ko-Fi, power us through a late night of fact checking and editing!

Subscribe to How To Trade ItEddie Z’s dad was a floor trader at the New York Mercantile Exchange. Ever since Eddie was 7 years old, his Dad would take him to the trading floor. He loved seeing the men yelling and screaming. Any of the rules about “language” at home didn’t apply on the floor. When Eddie graduated high school, he got a job as a clerk on the floor. The first thing he was assigned to do was to track charts with pencil and paper. The pit trader he worked for taught Eddie how to draw point and figure charts using graph paper. He explained if he could learn to spot patterns, it becomes easy to predict what happens next. Eddie knew that’s what he wanted to do. After working there every summer and during breaks throughout college, he ended up working at Gruntal & Co as a stockbroker for 17 years. What does he trade? What are his strategies? Find out in this episode of How To Trade It!You’ll want to hear this episode if you are interested in...[1:13] How Eddie Z got started trading[3:39] Looking for patterns in the data[6:48] Computerized charting[9:55] What success looked like on the floor[16:15] What Eddie is trading right now[20:53] Eddie’s trading strategies[26:51] Don’t build head trash[28:24] More about EZBreakoutsResources & People MentionedFREE PDF of Eddie’s $80 book: What it Takes: The Secrets of Becoming a Successful TraderHow to Make Money in Stocks by William O’NeillConnect with Eddie ZConnect on LinkedInWatch on YouTubeEZBreakoutsConnect With Casey StubbsWebsite: https://caseystubbs.comYouTube: https://www.youtube.com/TradingStrategyGuidesYouTube: https://www.youtube.com/caseystubbsTwitter:  https://www.twitter.com/caseystubbsFacebook: https://www.facebook.com/TradingStrategyGuidesLinkedIn: https://linkedin.com/in/caseystubbsSubscribe to How To Trade ItDisclaimer: Trading carries a high level of risk, and may not be suitable for all investors. Before deciding to invest you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment. Therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Support the show (https://caseystubbs.com)

With many years of trading on the floor of the New York Mercantile Exchange, John Rowland has seen just about everything. Today he joins me to talk about some of the big mistake’s traders make when planning an exit strategy for a trade.  Join us live at 2pm PST and send in your questions! #riskmanagement #exits #trading #futures #investing

John D’Agostino is one of the industry’s leading experts on cryptocurrency.  He sits on the board of several of the industry’s largest crypto-focused hedge funds, leads the Digital Asset Working Group for AIMA and much more.  He is also the former Head of Strategy for the New York Mercantile Exchange. John joins this episode to provide an overview to digital currency.  He explains what people typically mean when they refer to “crypto,” and why a single definition can prove elusive.  John talks about the origin of digital assets, how the market has evolved and some basics mechanics behind investing in the asset class.  He also shares his advice on the immediate steps a Chief Operating Office should take if his or her firm decides that it’s time to invest in cryptocurrencies. John can be contacted through LinkedIn.  He’s the John D’Agostino with NYMEX blue in the background. Thanks also to our sponsor, DiligenceVault, creators of the first two-sided digital ecosystem for asset managers and allocators.

Bill Perkins is one of the world's most successful hedge fund managers and entrepreneurs. Now Bill is the CEO of a consulting services firm BrisaMax Holdings. These days, Perkins is recognized for his glamorous lifestyle, high-stakes poker games, and outrageous novelty wagers. He very much lives every day to the fullest.  Bill's book DIE WITH ZERO is a labor of love project. Bill has been developing the principles outlined in the book since his first job making $16,000 a year in the 90's as a screen clerk for the New York Mercantile Exchange. The principles described in the book are timeless and at the very least will make you look at your life from an angle you might not have considered before. It is full of actionable advice and is overall a very enjoyable read.  US market: Get the book DIE WITH ZERO: https://amzn.to/3jqHyOM Get the book Your Money or Your Life: https://amzn.to/3jlLVKG Get the book Tiny Habits: https://amzn.to/36oHnj8   UK market:  Get the book DIE WITH ZERO: https://amzn.to/3n2ieRj Get the book Your Money or Your Life: https://amzn.to/3jljqwO Get the book Tiny Habits: https://amzn.to/2Se06p8   Follow Bill on Twitter: https://twitter.com/bp22 Follow Bill on Instagram: https://www.instagram.com/billperkins/   CONNECT:  Subscribe to this channel: https://bit.ly/runchuks-yt Subscribe to newsletter: https://www.runchukspodcast.com Twitter: https://twitter.com/RunchuksP Twitch: https://www.twitch.tv/runchukspoker Coaching: https://bit.ly/bts-coaching   OUTLINE:  00:01:40 The book - Die With Zero 00:02:44 Wall Street 00:06:41 The goal of Die With Zero 00:10:04 Pivotal moments of Bill's life 00:12:39 Your Money or Your Life 00:17:27 Time is money 00:26:04 Figure out what you want to do 00:30:56 We retire on our memories 00:37:58 Risk-taking 00:49:52 Life on autopilot 00:52:10 The greatest invention of mankind 00:54:03 Aha moment 01:02:52 Questions to ask yourself 01:05:56 Coin flip trip 01:09:22 Step out from the comfort zone 01:13:31 Gifting money vs gifting experiences 01:16:19 Movement is life 01:20:24 Galfond Challenge 01:24:36 Bill Perkins on Poker 01:29:57 Wasted talent

#66 Die with Zero - a thought provoking book with very practical step-by-step methods on how to approach your life from the end point.Bill Perkins - "The Last Cowboy" according to the Wall Street Journal, Bill Perkins is one of the world's most successful hedge fund managers and entrepreneurs. DIE WITH ZERO is a labor of love project. Bill has been developing the principles outlined in the book since his first job making $16,000 a year in the 90's as a screen clerk for the New York Mercantile Exchange.A soulful and inpsiring conversation of how to check in with yourself if you are chasing the right experiences in life.Connect with Bill: IG: billperkinsConnect with the host: ommmsome@gmail.com

'I'm a 9/11 survivor and I have an Asthmatic cough. I will be out in line somewhere and do a small cough, and everybody looks at me. Everybody in the world, rightfully so, is scared!' David Greenberg, Chair of ZiyenCoin and President of Greenberg Capital, fmr Executive Board and Board Member of the New York Mercantile Exchange (NYMEX) - oversaw a decade of its largest growth from $800 million to $12 billion is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication.  

On Wednesday, gold closed at $1,820.60 an ounce — its highest closing price in almost nine years, according to trade data at the New York Mercantile Exchange

#RedVestBrigade #Trump2020 #President Trump #PeteSantilli #TRUMPTWEETS #Corona Virus, #CoronaVirusUpdate THE PETE SANTILLI SHOW Episode #1894 - Monday - April 20, 2020 - 6PM Live Broadcast Link: https://youtu.be/0F29Xet7xqA    BREAKING: OIL -37.63! The Worst Thing That Could Happen To The U.S. Petro-Dollar HAPPENED - 1894-6P   U.S. oil’s May contract plunged into negative territory on Monday, meaning that you would have to pay to get someone to take barrels of oil off your hands. West Texas Intermediate oil trading on the New York Mercantile Exchange plunged nearly 300% to settle at negative $37.63 a barrel. The May contract expires CL.1, -183.14%CLK20, -183.14% Tuesday. That one-day drop marks the first time the contract has traded negative in history and would be the largest tumle on record going back to 1983, while a finish near its current level would be far below the previous all-time low for a front-month contract, according to Dow Jones Market Data. BREAKING: OIL -37.63! The Worst Thing That Could Happen To The U.S. Petro-Dollar JUST HAPPENED – The Pete Santilli Show http://ow.ly/pKLo30qzn8B   GUEST: Dr. Sherri Tenpenny is respected as one of the country's most knowledgeable and outspoken physicians regarding the negative impact vaccines can have on health. In addition to vaccines, Dr Tenpenny is an expert on many topics within the field of Integrative Medicine. She speaks frequently on breast health, women's health, natural approaches to thyroid and adrenal conditions. Dr. Tenpenny is an outspoken advocate for free choice in healthcare, including the right to refuse vaccination. As an internationally known speaker, she is highly sought after for her ability to present scientifically sound information regarding vaccination hazard and warnings that are rarely portrayed by conventional medicine.   ANNOUNCING... THE LAUNCH OF THE COST CLUB! JOIN OUR BUYING GROUP & GET PRODUCTS AT COST! http://petelive.tv/costclub  SAVE OUR APP: https://1crd.me/PeteSantilli  

Confira as principais notícias do caderno Economia do Estadão desta sexta-feira (20/03/20)See omnystudio.com/listener for privacy information.

Today's guest, Adam Grimes, has over two decades of experience as a trader and system developer, as well as prior experiences working on the trading floors of the New York Mercantile Exchange. He is currently the Chief Investment Officer and Managing Partner of Waverly Advisors, LLC, an institutional research and advisory firm for which he writes daily market commentary. Adam is also the author of the The Art & Science of Technical Analysis: Market Structure, Price Action, and Trading Strategies (Wiley 2012) and a contributing author for many publications on quantitative finance and trading, and is much in demand as a speaker and lecturer.

Lewis has been a professional astrologer in New York City for more than three decades specializing in financial astrology and medical chart interpretation as well as relationships, elective astrology & life direction. Mitchell works with natal charts, transits, solar arc direction, secondary progressions and composite charts. His international astrology clientele includes leading financiers, health professionals, renowned entertainment industry figures, and people from all walks of life. He’s been quoted in Barron’s, the New York Daily News, and many other publications. Throughout the 90’s he worked on the floor of the New York Mercantile Exchange and became well-known as an astrological trader and market analyst.

Lewis has been a professional astrologer in New York City for more than three decades specializing in financial astrology and medical chart interpretation as well as relationships, elective astrology & life direction. Mitchell works with natal charts, transits, solar arc direction, secondary progressions and composite charts. His international astrology clientele includes leading financiers, health professionals, renowned entertainment industry figures, and people from all walks of life. He’s been quoted in Barron’s, the New York Daily News, and many other publications. Throughout the 90’s he worked on the floor of the New York Mercantile Exchange and became well-known as an astrological trader and market analyst.

When our nation’s capital was built in Washington DC, it was constructed on the sight of a swamp that had to be drained. President Trump believes that we need to repeat history – in other words, “drain the swamp.”  In his new book, The Swamp, Eric Bolling presents an anger inducing, amusing, revealing, and outrageous history of American politics -- past and present, Republican and Democrat.  Bolling covers a litany extraordinarily appalling national political scandals, high crimes and misdemeanors, and even events that should have been simply a blip on the radar and mushroomed into a spiraling-out-of-control controversies. Bribery, blackmail, backroom dealings…they’ve always been a part of our political make up, but it seems it’s getting worse all the time. And those that get hurt most are the American people.  The Swamp is chock full of one doozy after another by our elected officials, and mirrors the way Washington national politics currently – and apparently always – has been played out. Can President Donald J Trump actually live up to his campaign promise of “draining the swamp?” Eric Bolling has become one of the most important “must listen to” voices and “must read” opinion-makers on today’s political narrative, regardless of where you reside on the political aisle. He is the author of the New York Times, Wall Street journal, USA Today, and Publishers Weekly bestseller Wake Up America. He is currently the host of the new hit Fox News Channel Show, “The Fox News Specialists,” and before that was one of the hosts of FNC’s “The Five.” He also is the host of the Fox Business Network show, “Cashin’ In.” Before coming to Fox, Bolling was a successful New York Mercantile Exchange trader for many years.

Download This Awesome Podcast: http://bit.ly/2vS0te3 Allan Szlafrok starting investing in real estate in 2010 and left a career as commodities trader on the floor of New York Mercantile Exchange in 2012 in order to pursue real estate full time. Since then, he has been involved in over 100 transactions across the country. He currently focuses on building his portfolio through acquisitions of small multifamily properties in northern New Jersey and specializes in gut rehabs and turnarounds. Allan is the Author of "How NOT To Make Money In Real Estate!" You can find the book here on Amazon! Find out to Allan and O.G. Property Investments on Facebook Thank you for listening. -- Fund that Flip is a one stop shop for all you flipping and small multifamily lending needs. With an easy application, transparent terms and fast service Fund that Flip it's no wonder Jason and Pili are customers. To learn more about Fund that Flip, click here. Thank you for listening and please rate our podcast. You are welcome to join our REI Foundation podcast group here. To check out more of our podcasts, click here. See acast.com/privacy for privacy and opt-out information.

What the f**k are commodities? After dozens of episodes this is our first on the topic so for all of us who don’t know, today we are going to find out.Carley Garner, author of Higher Probability Commodity Trading, joins us today to teach us all about commodites. What are they and why are they important.What the F**k Are Commodities?Commodities are an asset class like stocks, bonds, or real estate. The reason many of us aren’t familiar with them is that unlike those other classes, commodities are not geared towards individual investors. The entities buying commodities are more often companies who need commodities to operate; airlines buying oil commodities to hedge against high prices is an example.Commodities are not manufactured things like cars but things from the natural world like grains, minerals, or oranges.There are soft and hard commodities. Soft commodities are things that are grown like cocoa, corn or cotton. Hard commodities are things that are mined from the earth like oil or copper.Buying and Selling CommoditiesBuying and selling commodities is speculative and the transactions are leveraged which is an easy way to get into trouble. If you think the price of corn is going to go up, you enter into a contract to buy it at the current price in the hope that the price will go up in the future and you will sell it for a profit.Here’s an example of how commodities work. There is a drought predicted for the Mid West which means corn prices are going to go up. You own a corn chip factory. You buy corn futures now while the prices are low so you can still set your budget and know how much you are going to pay for the corn you need. You locked the price in.You paid $3.50 a bushel. The price was $3.25 a bushel. You lost money. But for the chip factory owner, commodities aren’t necessarily an investment designed to make money. They are things that they need to operate and when they buy futures, they can keep their books balanced whether or not they were on the right side or the wrong side of speculating.If you are just an individual investor in the corn/drought scenario, it is about making money. If you bought corn at $3.50 a bushel and it sold for $3.75, you made money.But who keeps both parties honest? What if the chip company refuses to pay the agreed upon price or the farmer holds the corn ransom until they get a better price? Commodities are traded on an exchange. Most commodities are traded on the Chicago Board of Trade or the New York Mercantile Exchange.These exchanges are what guarantee the trades. If you want to get into commodities trading you can buy a seat on an exchange which costs hundreds of thousands of dollars or you can hire a broker as a middle man.You can make trades on the broker’s platform which is not so different from buying and selling stocks with TD Ameritrade. You’ll pay about $7 per trade. Opening an account with a broker is like applying for a loan. Being a broker is risky because most of the purchases are heavily leveraged.You can trade $50,000 worth of commodtities as long as you have $3,000 in your account. If you lose $50,000 from an account with just $3,000, the exchange is still going to get their money but they come after the broker. And the broker is left to get their money back from you. Risky indeed. That’s why there is vetting involved and you have to meet the broker’s criteria to open an account.Where Does it Go?You want to trade commodities but you don’t have an corn chip factory. What are you going to do with 5,000 bushels of corn? If you get a delivery notice, you don’t have to clear out the garage. You can sell your delivery notice. Doing so is known as a retender. The buyer of the futures contract doesn’t want to take delivery of the commodity.When you retender the delivery, the exchange puts it back into the system and it delivery goes to the buyer of the notice.How are Commodities Different From Stocks?Stocks and commodities are both traded but that’s where the similarities end. You own stock. When you buy a share of stock, you own part of a company. You don’t buy the actual commodity, the corn or oil. You enter into a contract for that commodity. You contract to be a buyer or a seller of that commodity.Stocks don’t have a time limit. As long as you don’t sell the stock, you own it for as long as the company exists. This is why stocks are such a good buy and hold investment. Commodities have a time limit. Commodity contracts have a delivery month. As an individual investor, you have to be aware of that date and retender the order. If you buy and hold commodities, you’re going to have a garage full of corn.What Drives Prices Up?Some years ago gold prices rose dramatically. Why? A few things happened at the same time. E-trading was becoming more main stream meaning anyone with a pulse and an internet connection was suddenly able to jump right into the market.The dollar was tanking and the same kind of people who prepare for Armageddon by stock piling guns and canned pasta buy gold too thinking it will make them king of the new Mad Max-esque society they are sure is just around the corner.So the prices were bid artificially inflated and just as the last dummy climbed aboard the band wagon, the true value was revealed and they all lost money.GoldSpeaking of gold, it’s always a popular buy when times are uncertain but should you buy it and is it really an important market indicator? The above story should indicate that gold should not make up much of your portfolio. The US hasn’t been on the gold standard for decades so it’s not as relevant as a market indicator as it once was.Gold does well when things are uncertain but it’s very volatile. If you want to use it as an indicator at all, if gold prices are going up, people are panicking so it’s a good time to buy, buy buy stocks because people are selling them cheap to buy gold so you can get some good deals.Commodities for BeginnersIf you want to get into commodities, where should you start? Carley recommends grains because you can enter into mini contracts and buy just 1,000 bushels instead of 5,000. Gold is another good jumping off point because you can enter into mini contracts for just 10 ounces with only a $1,000 margin.Lumber is her least recommended. It’s il-liquid and there are not many market participants.If you are interested in commodities, Carley literally wrote the book that can help you make sense of things. She is the author of Higher Probability Commodity Trading. You can also follow commodity prices at CNBC. Show NotesHop Rod Rye: An American IPA.Decarley Trading: Carley’s brokerage firm.Simple Wealth: Research and evaluate rental properties.Tool Box: All the best stuff to manage your money.The post What The F**K Are Commodities appeared first on Listen Money Matters. See acast.com/privacy for privacy and opt-out information.

When electronic trading was introduced on the floor of the New York Mercantile Exchange, volumes handled by traders in the open-outcry pits were quickly overshadowed by those done by computers. Many of the floor traders soon found themselves out of work, and without proper training to find other jobs in finance. But one of those traders, Tom Gordon, embarked on a second act in his career, one that, for now, can’t be done by an algorithm or a robot. This podcast was produced as part of an FT Health at Work special report. Read more at FT.com/health-work. Music courtesy of Dave Depper, Podington Bear, Pure Grease and Peter Sandberg See acast.com/privacy for privacy and opt-out information.

MITCHELL LEWIS, financial & medical astrologer, & author, this week to discuss the upcoming Leo New Moon Total Solar Eclipse on August 21 & its potential impact on the U.S. & its stock market! Well-known as an astrological trader and market analyst since he worked on the floor of the New York Mercantile Exchange in the 1990’s, Lewis’s international clientele includes leading financiers, renowned entertainment industry figures, health professionals, and people from all walks of life. Join us to learn more about his predictions for the U.S. (& global) economy, and the individuals overseeing those financial policies now! #Leo, #New Moon, #solar, #eclipse, #stock market, #financial, #medical, #trader, #analyst, #economy, #predictions, #entertainment

The Total Tutor Neil Haley will interview Fox News Channel's Eric Bolling, Author of The Swamp. THE SWAMP is chock full of one doozy after another by our elected officials, and mirrors the way Washington national politics currently – and apparently always – has been played out. The ugly nature of our 2016 presidential election exposed politicians, media, and the elite establishment as desperately hoping to elect a career politician who received millions of dollars from suspected terror-sponsoring states versus a businessman willing to tell the corrupt and incompetent there's a new sheriff in town, and business will not be done as usual. But – can new President Donald J Trump actually live up to his campaign promise of “draining the swamp?” Eric Bolling has become one of the most important “must listen to” voices and “must read” opinion-makers on today's political narrative, regardless of where you reside on the political aisle. ABOUT THE AUTHOR: Eric Bolling is the author of the New York Times, Wall Street journal, USA Today, and Publishers Weeklybestseller Wake Up America. He is currently the host of the new hit Fox News Channel Show, “The Fox News Specialists,” and before that was one of the hosts of FNC's “The Five.” He also is the host of the Fox Business Network show, “Cashin' In.” Bolling has filled in many times on FNC prime time shows. Before coming to Fox, Bolling was a successful New York Mercantile Exchange trader for many years. A native of Chicago, he is married with one son and lives in New Jersey.  

¡Muy buenos días a todos! Hoy vengo a hablaros de los futuros del CME Group. Os preguntareis: algunos ya lo sabréis, pero para aquellos que no sepáis que es un futuro, os remito al podcast que hice hace un tiempo sobre futuros. A parte, explicaré un miniresumen muy resumen ya que lo que me interesa más hablar hoy es del CME en concreto y especialmente como afectan los futuros de este mercado. Un futuro es un producto financiero en el cual trata, a través de contratos de futuros, poder ofrecer un vehículo de inversión para los inversores. Este contrato de futuro es un acuerdo entre dos partes por el que se comprometen a intercambiar un activo (o también lo podemos llamar cono subyacente), con una fecha final prestablecida y que se compra por un precio concreto. De contratos de futuros podemos encontrar desde metales hasta indices bursátiles. Como algunos de vosotros ya sabréis. Bien, pues una vez hemos definido los futuros para aquellos que no lo sabían, voy a hablar del CME. Y mas concretamente del CME group. Las siglas CME corresponden a Chicago Mercantile Exchange, aunque esta empresa lleva la bolsa de chicago como el CBOT (de las siglas Chicago Board of Trade). Actualmente estan fusionadas, después de que en el 2006 se unieran estas dos mercados. El CBOT es el mercado de futuros y opciones más antiguo del mundo y el CME era otra institución financiera que al unirse al CBOT, formaron el CME Group y actualmente como digo, es el rey de todos los futuros y opciones a nivel mundial. El CME poco a poco se ha ido haciendo con los puntos más estratégicos financieramente hablando y es que en el 2006 se hizo, antes de unirse con CBOT, con la plataforma electrónica de intercambio de Londres. Y claro, obviamente no lo ha soltado. Y después de unos años, en el 2008, se decidió por comprar el NYMEX, que es el New York Mercantile Exchange. Este NYMEX es la bolsa de materias primas de Nueva York y os podeis imaginar que entre Londres, Nueva York y Chicago, este grupo empresarial no para de acumular beneficios debido a su magnifico posicionamiento. El CME group es tan grande que le pertenece el índice bursátil Dow Jones y el CME clearing. Esto del clearing lo explicaré en otro podcast porque me parece fascinante si más no. Lo que quiero decir con esto es que este mastodonte de empresa es la que está detrás de todas las opciones y los futuros más conocidos: – Indices: SP500, NYSE, Dow Jones, Nasdaq – Otros subyacentes: oro, petróleo o incluso el eurusd entre muchísimos otros. No es de extrañar entonces que algunos lo califiquen como la empresa por excelencia en cuanto a intercambio financiero ya que engloba las principales bolsas del mundo y a la vez, controla parte de los mercados más importantes a nivel mundial. Cabe decir que cuando digo que controla no lo digo desde la vertiente manipulativa. Lo digo desde la parte en que esta empresa lleva y por tanto, pasan por sus manos, todas las operaciones, órdenes y ejecuciones virtuales de estos parqués, viendo a muchos institucionales y muchos retails operar en ellas. Unos ganando y otros perdiendo. Antiguamente las bolsas estaban repletas de gente con papeles en la mano y que gritaban sin parar intentando hacer negociaciones constantemente. Y es que los operadores de las empresas, instituciones o simplemente especuladores con dinero, entraban allí, se enfundaban sus chaquetas personalizadas y se ponían al lado de los brokers (intermediarios) cantándoles todas las acciones que querían hacer. Tanto de compra como de venta para que se ejecutaran antes que nadie. El broker, que por cierto, en breve haremos una entrevista a una persona que actuó así durante algunos años, introducía las operaciones y todos los operadores o traders veían como dependían de esa persona. Ahora es totalmente diferente. Ahora todo se hace electrónicamente. La parte tecnológica ha sucumbido también al apartado financiero y es que en las finanzas la tecnología es clave. Todo el comercio que se hace actualmente en el CME Group pasa de una manera u otra, a la parte digital. Antes se podía comprar lo que se llama, una plaza en el parqué, que era un sitio donde podías entrar en el parqué, en la bolsa de chicago por ejemplo, y entrar a operar directamente con el broker al lado. Ahora es impensable. Ahora existen centenares de plataformas de trading que lo que te permiten es conectarte de forma digital para poder operar sin descanso y sin necesidad de brokers físicos mediante internet, haciendo que se habrá un abanico muy amplio de posibilidades: – Escalabilidad: antes un broker, es decir, la persona que pasaba las ordenes en el parqué estaba limitado. Lo introducía uno a uno en el ordenador y por tanto, tenia un límite ya que es una persona escribiendo en el ordenador y por tanto, tenia que ir uno a uno de los traders para colocarlo. De manera secuencial. Ahora se hace de forma digital haciendo que se puedan procesar miles de peticiones en cuestión de segundos. – Costes reducidos: antes la persona que trabajaba como broker tenia un buen salario a parte de que las firmas tenian que tener su plaza en el parqué y a parte poder operar con las licencias correspondientes y todo. Ahora es todo digital y solo tienes que abonar la cantidad de dinero y dispones de este sitio en el parqué digital. Vamos, un lujo. – Tasa de errores baja: como broker y persona física, tenia errores. Obviamente que los mínimos posibles, pero en momentos de tensión, donde hay mucha presión, en cuestión de segundos tenían que poner operaciones con una precisión milimétrica y eso hacia que la tasa de errores aunque fuera baja, existía. Ahora la tasa de errores no se derivan por si ponen un número mal o van más rápidos colocando las órdenes, sino que se tienen que asegurar que no falle nada a nivel tecnológico y ya está. El resto, lo derivan a los traders. Si se equivocan marcando el volumen de la operación, la responsabilidad es del trader y no del broker. Es decir, han pasado al máximo la responsabilidad al trader eximiéndose ellos de esa responsabilidad. – Modernización: ahora cualquier trámite es inmediato. Añadir un nuevo valor a cotizar, es decir, productos financieros o activos financieros primarios a secundarios, es tarea de niños. Todo esta automatizado y centralizado, como todos los activos de futuros del mundo, que al no ser OTC, todo está centralizado. Esto hace que se añadan activos financieros en segundos y que se puedan usar a nivel mundial. Esto era realmente impensable poder hacer hace unos años. Ahora, es una realidad. Y bien, espero que os haya quedado claro quien es la empresa que está detrás de las cotizaciones de opciones y futuros a nivel mundial, pero el más importante, sin duda, es CME. Hay otras empresas que están a cargo de las bolsas de cada país. De hecho, cada país tiene su propia bolsa de futuros y opciones, como por ejemplo en España está el MEFF: Mercado Oficial de Opciones y Futuros Financieros en España el cual hablaremos un día. ¡Y nada más por hoy! Acordaros de suscribiros al canal y de darme un me gusta en iVoox y 5 estrellas en iTunes! ¡Muchas gracias! ¡Hasta mañana! La entrada 47. Futuros del CME Group aparece primero en Ferran P..

¡Muy buenos días a todos! Hoy vengo a hablaros de los futuros del CME Group. Os preguntareis: algunos ya lo sabréis, pero para aquellos que no sepáis que es un futuro, os remito al podcast que hice hace un tiempo sobre futuros. A parte, explicaré un miniresumen muy resumen ya que lo que me interesa más hablar hoy es del CME en concreto y especialmente como afectan los futuros de este mercado. Un futuro es un producto financiero en el cual trata, a través de contratos de futuros, poder ofrecer un vehículo de inversión para los inversores. Este contrato de futuro es un acuerdo entre dos partes por el que se comprometen a intercambiar un activo (o también lo podemos llamar cono subyacente), con una fecha final prestablecida y que se compra por un precio concreto. De contratos de futuros podemos encontrar desde metales hasta indices bursátiles. Como algunos de vosotros ya sabréis. Bien, pues una vez hemos definido los futuros para aquellos que no lo sabían, voy a hablar del CME. Y mas concretamente del CME group. Las siglas CME corresponden a Chicago Mercantile Exchange, aunque esta empresa lleva la bolsa de chicago como el CBOT (de las siglas Chicago Board of Trade). Actualmente estan fusionadas, después de que en el 2006 se unieran estas dos mercados. El CBOT es el mercado de futuros y opciones más antiguo del mundo y el CME era otra institución financiera que al unirse al CBOT, formaron el CME Group y actualmente como digo, es el rey de todos los futuros y opciones a nivel mundial. El CME poco a poco se ha ido haciendo con los puntos más estratégicos financieramente hablando y es que en el 2006 se hizo, antes de unirse con CBOT, con la plataforma electrónica de intercambio de Londres. Y claro, obviamente no lo ha soltado. Y después de unos años, en el 2008, se decidió por comprar el NYMEX, que es el New York Mercantile Exchange. Este NYMEX es la bolsa de materias primas de Nueva York y os podeis imaginar que entre Londres, Nueva York y Chicago, este grupo empresarial no para de acumular beneficios debido a su magnifico posicionamiento. El CME group es tan grande que le pertenece el índice bursátil Dow Jones y el CME clearing. Esto del clearing lo explicaré en otro podcast porque me parece fascinante si más no. Lo que quiero decir con esto es que este mastodonte de empresa es la que está detrás de todas las opciones y los futuros más conocidos: – Indices: SP500, NYSE, Dow Jones, Nasdaq – Otros subyacentes: oro, petróleo o incluso el eurusd entre muchísimos otros. No es de extrañar entonces que algunos lo califiquen como la empresa por excelencia en cuanto a intercambio financiero ya que engloba las principales bolsas del mundo y a la vez, controla parte de los mercados más importantes a nivel mundial. Cabe decir que cuando digo que controla no lo digo desde la vertiente manipulativa. Lo digo desde la parte en que esta empresa lleva y por tanto, pasan por sus manos, todas las operaciones, órdenes y ejecuciones virtuales de estos parqués, viendo a muchos institucionales y muchos retails operar en ellas. Unos ganando y otros perdiendo. Antiguamente las bolsas estaban repletas de gente con papeles en la mano y que gritaban sin parar intentando hacer negociaciones constantemente. Y es que los operadores de las empresas, instituciones o simplemente especuladores con dinero, entraban allí, se enfundaban sus chaquetas personalizadas y se ponían al lado de los brokers (intermediarios) cantándoles todas las acciones que querían hacer. Tanto de compra como de venta para que se ejecutaran antes que nadie. El broker, que por cierto, en breve haremos una entrevista a una persona que actuó así durante algunos años, introducía las operaciones y todos los operadores o traders veían como dependían de esa persona. Ahora es totalmente diferente. Ahora todo se hace electrónicamente. La parte tecnológica ha sucumbido también al apartado financiero y es que en las finanzas la tecnología es clave. Todo el comercio que se hace actualmente en el CME Group pasa de una manera u otra, a la parte digital. Antes se podía comprar lo que se llama, una plaza en el parqué, que era un sitio donde podías entrar en el parqué, en la bolsa de chicago por ejemplo, y entrar a operar directamente con el broker al lado. Ahora es impensable. Ahora existen centenares de plataformas de trading que lo que te permiten es conectarte de forma digital para poder operar sin descanso y sin necesidad de brokers físicos mediante internet, haciendo que se habrá un abanico muy amplio de posibilidades: – Escalabilidad: antes un broker, es decir, la persona que pasaba las ordenes en el parqué estaba limitado. Lo introducía uno a uno en el ordenador y por tanto, tenia un límite ya que es una persona escribiendo en el ordenador y por tanto, tenia que ir uno a uno de los traders para colocarlo. De manera secuencial. Ahora se hace de forma digital haciendo que se puedan procesar miles de peticiones en cuestión de segundos. – Costes reducidos: antes la persona que trabajaba como broker tenia un buen salario a parte de que las firmas tenian que tener su plaza en el parqué y a parte poder operar con las licencias correspondientes y todo. Ahora es todo digital y solo tienes que abonar la cantidad de dinero y dispones de este sitio en el parqué digital. Vamos, un lujo. – Tasa de errores baja: como broker y persona física, tenia errores. Obviamente que los mínimos posibles, pero en momentos de tensión, donde hay mucha presión, en cuestión de segundos tenían que poner operaciones con una precisión milimétrica y eso hacia que la tasa de errores aunque fuera baja, existía. Ahora la tasa de errores no se derivan por si ponen un número mal o van más rápidos colocando las órdenes, sino que se tienen que asegurar que no falle nada a nivel tecnológico y ya está. El resto, lo derivan a los traders. Si se equivocan marcando el volumen de la operación, la responsabilidad es del trader y no del broker. Es decir, han pasado al máximo la responsabilidad al trader eximiéndose ellos de esa responsabilidad. – Modernización: ahora cualquier trámite es inmediato. Añadir un nuevo valor a cotizar, es decir, productos financieros o activos financieros primarios a secundarios, es tarea de niños. Todo esta automatizado y centralizado, como todos los activos de futuros del mundo, que al no ser OTC, todo está centralizado. Esto hace que se añadan activos financieros en segundos y que se puedan usar a nivel mundial. Esto era realmente impensable poder hacer hace unos años. Ahora, es una realidad. Y bien, espero que os haya quedado claro quien es la empresa que está detrás de las cotizaciones de opciones y futuros a nivel mundial, pero el más importante, sin duda, es CME. Hay otras empresas que están a cargo de las bolsas de cada país. De hecho, cada país tiene su propia bolsa de futuros y opciones, como por ejemplo en España está el MEFF: Mercado Oficial de Opciones y Futuros Financieros en España el cual hablaremos un día. ¡Y nada más por hoy! Acordaros de suscribiros al canal y de darme un me gusta en iVoox y 5 estrellas en iTunes! ¡Muchas gracias! ¡Hasta mañana! La entrada 47. Futuros del CME Group aparece primero en Ferran P..

Today I have the great pleasure and privilege of speaking with a fantastic award-winning journalist, Sharon Epperson. Sharon is currently a correspondent for CNBC covering the commodity markets and personal finance. She also appears on other NBC news shows like The Today Show and Nightly News, I'm sure you've seen her on television. She reports on a daily basis from the New York Mercantile Exchange where she covers the Energy Markets. She's won numerous awards include a Gracie Award for Outstanding Online Host for her financial advisor playbook video series on CNBC.com and the Trailblazer of the Year Award from the New York Association of Black Journalists. Sharon has a Bachelor's Degree in Sociology and Government from Harvard, and a Master's in International and Public Affairs from Columbia. So interesting that she ended up as a financial journalist and she talks about that journey, how she became the woman that she is today. What was the path that took her to CNBC? The opportunities that led her to financial journalism. You know she admits she was a little unsure of covering business news as a young reporter. We also discuss why Sharon is not worried about the fluctuations in the market place. This interview was recorded in late August when, as we know, the markets went on quite a rollercoaster. We had a tumultuous end to August and so what does Sharon make of all these heavy moves in the market, and what are her predictions as we go into the fall? The financial lessons she learned from launching her parents - that's another topic that we talk about with Sharon because she says, interestingly enough her parents did not really talk about money, but she still learned quite a bit from mom and dad and she shares that with us. For more information visit www.somoneypodcast.com.

Futures Options Roundtable 14: Catching a Falling Corn   Grand Marketplace: Overall trends for the past few month: CTAs bounce back in August - all managed futures indices calculated by Newedge reported positive performance. Ags: Corn: Corn futures continued to slump to a 50-month low as waning prospects for frost damage this week Wheat/Soybeans: Unusual activity, hot strikes and large open interest changes. Energy: Crude Oil:  Taking it on the chin as ISIS "crisis" fails to impact production.    Nat Gas: Unusual activity, hot strikes and large open interest changes. Metals: Gold: Gold futures rebounded from an eight-month low on signs of increased demand for bars and jewelry in India.    Silver: Silver futures for December delivery rose 0.1 percent to $18.62 an ounce. Platinum: On the New York Mercantile Exchange, platinum futures for October delivery fell 0.5 percent to $1,363.50 an ounce Forex:   Currencies: The US dollar making a strong move. The price of the UK pound amid Scottish independence fury. 

Mike Norman, L. Randall Wray and Warren Mosler — "Economist Round Table. Economics 101 for Politicians and Policy Makers" - New Captains of Industry (Dec 31, 2010)This economist round table challenges the prevailing thought on the U.S. economy, National Debt, Trade deficits, and Government spending. The panel includes Mike Norman, L. Randall Wray, and Warren Mosler. They propose such ideas as a payroll tax holiday, tax cuts for businesses, capital infusions to the states, major government investment in infrastructure, and eight dollar per hour federal jobs program for anybody who wants to work. DownloadMike Norman  has worked at Merrill Lynch, was a member of four U.S. futures exchanges (Chicago Mercantile Exchange, New York Mercantile Exchange, Commodity Exchange, and the New York Futures Exchange) and ran the derivatives trading desk for a major Swiss Bank.Mike Norman's website is: Mike Norman EconomicsL. Randall Wray is an economics professor at University of Missouri–Kansas City. He believes the deficit concerns are hysteria, and massive cuts will only worsen the problem. His focus is on growing the economy.L. Randall Wray's website is: New Economic PerspectivesEconomist Warren Mosler - Co-Author Understanding Modern Money. Author "The 7 Deadly Innocent Frauds of Economic Policy". Download PDF at http://moslereconomics.com/, http://www.huffingtonpost.com/warren-moslerWarren Mosler's website is: The Center of the UniverseSource: Blogtalk Radio | New Captains of IndustryAired: 12/31/10 12:00 AMThis podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.

Mike Norman — "John Thomas Financial Economist, Mike Norman" - New Captains of Industry (Dec 28, 2010)Economist Mike Norman talks about the Great Recession, the upcoming year 2011, and our Nation's Debt.DownloadMike Norman  has worked at Merrill Lynch, was a member of four U.S. futures exchanges (Chicago Mercantile Exchange, New York Mercantile Exchange, Commodity Exchange, and the New York Futures Exchange) and ran the derivatives trading desk for a major Swiss Bank.Mike Norman's website is: Mike Norman EconomicsSource: Blogtalk Radio | New Captains of IndustryAired: 12/28/10 12:00 AMThis podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.