Three Oil Stocks Set to Soar, California's Solar Police, and Why Interest Rates Matter

Published: May 10, 2018, midnight

Buck and Porter discuss the overreaching power of the Department of Justice in the current Paul Manafort investigation, how the State of California is making another epic economic blunder mandating solar energy for new homes, and why the recent move in oil over $70 has nothing at all to do with Iran.

Dennis Gartman of the Gartman Letter joins Porter and Buck to talk about the most important chart in the markets, an economic signal from the St. Louis Fed you should be watching every Thursday, and where you should be on US equities. Porter asks Dennis about his thoughts on blockchain, oil, the credit cycle, and the manipulation of interest rates. Are bonds already in a bear market? Dennis reveals his favorite stocks in the oil sector.

Listeners have questions, and Porter has answers. He tells you the easiest way to invest in safe government bonds, the locations of his favorite deep-sea fishing spots, and the role precious metals like gold play in the inflation vs. deflation debate.