>> encore cost nearly $2.3 billion, a risky bet in a bad economy.ment, would you open a hotel? >> well, i'll tell you right now that if i had any idea this-- i wouldn't, if i had a choice, but this project was started four years ago. these things have a huge lead time. >> the gambling industry has been battered by the recession and taken the city of las vegas down with it. some casinos stand half built. unemployment is over 10%. and while steve wynn has had to slash employees' pay and lower room prices, he plows ahead, doing whatever it takes to get customers to his new hotel. >> this is encore. [dramatic orchestral music] ♪ >> and, yes, he really was sitting on top of the building. >> next time, we do this in the lobby. >> the encore is connected to his other las vegas hotel, the wynn, and he has a third in macau, china. inside, his hotels are fantasy lands for well-heeled adults. he brought gourmet restaurants and high-end shopping to the strip. his hotels may be extravagant, but his business strategy is conservative. his company is not highly lev

optionsaction@cnbc.com and tonight, scott is teeing up a bearish bet on google. in addition to the web extra, you'll find great trader blogs, educational material and exclusive trades. you want to check it out. >>> coming up next, taking a toll. a special look if rising rates will hit home builders like toll brothers. khouw and carter have got the trade. here's what's ahead on "options action." well, it's a hollywood hit. mike and carter made a bullish bet on dreamworks and now they are the toast of tinseltown. how can they make even more money? find out when "options action" returns. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webin

. -- >> i bet he is! i bet he's even more happy that i'm not sitting there right next to him! >> yes, that's also true. that's also true. but let's talk about this, karen. i don't know -- >> you can't make this stuff up! >> you can'tly can't. what were your reactions to trent franks' comments.

we've seen negative bets on facebook. basically the trader betting that facebook trades lower here. before i had bullish bets on it but it fell apart shortly after earnings. i took those bets off. a lot of negative towards the stock. facebook is probably one of those at least short term. maybe they recover after the stock trade is lower but downward pressure is here. >> more optioned action tomorrow at 5:30 p.m. tweet us at fast money, hashtag bull or bear. coming up next hour in mad money, we've got david wenner of b and g. you will not want to miss it. tweets, we'll trade them, next. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ from td ameritrade. in parks across the country, families are coming together to play, stay active, and enjoy the outdoors. and for the last four summers, coca-cola has asked america to choose its favorite park through o

i'm goik to make a bearish bet. if you see a technical pass, it may not be over. >> mike is bearish, using a put spread. great strategy for beginners. let's see how it works. buy one and sell low to cut your costs. do it when you're bearish, the put strike, that's where you make the money. that's where it's capped. walk us through. >> i was looking at october 121.17 spread, and paying $7.40, and sell the others against it, that's a net debit of a dollar and a half. at the time, gld was trading at 118.5, in the middle. i'm looking at a risk-mitigated way to do the coin toss trade. that's a way to make the bet and limit the risk. if it continues higher, you have the benefit by only committing the dollar and a half to the tried. i take a look at the situation, i think that gold could go lower, but i am acknowledging that it could have a technical bounce. >> i think it's an interesting trade at 1200, people are calling the bottom. it's a shame we don't have carter here, we have dummies talking about charts, when i look,

that's what dan tried to do with his bullish bet on facebook.ork had a shot at going higher. >> it was almost in crash territory. from the may highs, down 20%. i think it was overdone. >> but buy the stock? >> i imagine we have to answer the question. >> let me make it easy for you. no. after all, 100 shares would set dan back 2400 bucks. he bought the august strike call for $1.55. now he needs to see them rise above the $25 strike price by more than the 155 he spent, or above 2655 by august expiration. but shelling out a buck 55, really, dan? >> i sold one of the july 25 calls. >> now we're talking, dan then sold the july 25 strike call for 97 cents and created his call calendar. but he did something even better, he made making money easier and here's how, between the $1.55, and the 97 cents, by selling the shorter dated call, he cut the cost of the trade down to 58 cents. and now instead of needing facebook shares to rise above 26.55 to make money, dan sees profits if they rise above the strike price by more than that 58 cents he spent, or abo

that's just what dan tried to do with his bullish bet on facebook.k had a shot at going higher. >> it was almost in crash territory from the may high. down 20%. it got a little overdone. >> do you want to just buy the stock? >> i would imagine this would be a question we have to answer. >> let me make it easy for you. no. after all 100 shares would set him back 2400 bucks. so to spend less, he bought the august 25 strike call for 1.55. now to make money, he needs to see facebook shares rise above the $25 strike price by more than the 1.55 he spent or above 26.55 by august expiration. but shelling out 1.55, really, dan? now we're talking. spend less. dan then sold the july 25 strike call for 97 cents. and created his call calendar, but he did something even better. he made making money easier and here's how. between the 1.5 five he paid for for the longer dated call and the 97 cents he's collecting, by selling that the shorter dated call, he cut the cost of his trade down to 58 cents. now instead of needing facebook shares to rise above 26.55 to make

they think this is somewhat of a bet. cheryl: you mentioned to rudy guiliani.ck there working early on. i was sitting with him when the news crossed. >> reporter: one of the big pioneers of commodities trading. people forget this guy was a big deal on wall street. then he got indicted and fled the country. it was interesting. he was pardoned, but he never really -- cheryl: bill clinton pardon to number 40 left office. >> reporter: think it was eric holder. that is -- reading of subjects. a lot of pressure right now for the ira's and an essay, but it's interesting. all of those. right now, listen, it's a sleepy story. i got the story and a bar that was a very sleepy last night. this was a big topic among equity traders. they're talking about this and saying that they are betting. i will tell you this. cheryl: the bar was fun. were you drinking? >> reporter: a martini. we weren't even drunk yet. traders may be that new york city marathon being canceled. we broke that. they have good insight. then make that's all they. they're saying that this is an indication tha

. >> because mike's betting that brad's next flick will be a plop and he's got a way to profit using options. >> and talk about robbing the bank. >> >> get as many hundreds, 50s, and 20s as young pack into it. >> he'll break it down. the action begins right now. >> live from the nasdaq market site, i'm melissa lee. these are the traders here on the desk, on an expiration friday. and china, brazil, india, or russia, all in the midst of a sell-off. that is helping the dollar have its best week in 18 months. that could be a problem for stocks right here. let's get in the money right now and find out why we saw the pain in commodities. so, of course, the logical question is, could multi-nationals start feeling the pain next? dan, what do you say? >> listen, to me, i think it's very simple. i think, like i've said it a few times on this desk, the s&p has been a safe haven. we're starting to see treasuries with this safe haven. the dollar has come back in vogue this week. the fed told us the outlook was a little better, economic outlook, than a lot of people had thought they would. but the

adam: place your bet.hfl entertainment posting record profits as gamblers continue to hit casinos. now that company is preparing to double down online gambling. could it mean more record quarters ahead? the ceo will join us next. lori: i love sin stocks. and e-commerce has changed the way we shop for everything in this billion dollar industry is just getting started. what is the next big thing in online retailer -- retailing and who stands to profit? ♪ . >> i'm jo ling kent with your fox business brief. the bearish streak continued on wall street for a second day pushing blue-chips below 15,000. the dow finished down 216 at 14,960. >>> verifone systems also seeing red after reporting disappointing second quarter results and a weaker-than-expected third quarter forecast. the company swung to a loss after recording significant legal expenses and product sales weakening. verifone's stock is down 37% over the past 12 months. >> winner of a record $590.5 million lottery jackpot is 84-year-old florida resident,

bets.ted to go way up as the mid july due date nears. leading the odds, alexandra at 5-2, charlotte, diana and elizabeth close behind followed by victoria. sounds like betters leaning heavily toward a young daughter. william hill hoping the family will stay tight lipid. back in 1982 when the prince was born, the company lost big money because that name was actually leaked three days before the birth. >> we will see. everybody is watching. 5:54. mountain view has a particular announcement. >> it is a little peculiar. the search for extra ter rest yell intelligence and paypal are coming up with a system to pay for things in space, s.eti is a very serious scientific effort to listen to sound waves from outer space. the announcement that is,eti could call it a publicity stunt. in exchange for seti support for new galactic money, paypal helping seti raise money. they raised, yes, you see it there, $60 so far. today's press conference announcing this money system and the fund-raiser will be hoste

on the price of oil and unfortunately those bets can have significant consequences on the actual price of oil if you if enough people bet that the price of oil is going to go up and by futures contract it's going to go up the price of oil will go up and that has really nothing to do with the supply and demand of oil so the guy who likes free market i think you would be opposed to that too well what free markets are we looking at here these big banks they enjoy huge subsidies i mean they're basically subsidized by the federal reserve both in real and notional terms i mean they get their money from the fed and from being able to conduct these transactions and like you said j.p. morgan itself has a huge hand in the role of oil speculation but that doesn't mean that it's a problem that has to do with free markets and i think there is a big difference between what people call deregulation and free markets so it's not a failure of freeloaders we just don't have there's a market for rampant speculation i mean that market's been created now it's a matter of whether we want to keep perpetuating

it is not a bad bet, he made a good bet, but when market got wind of this bet, he bet risky europeands, two year bonds, market was worried, this might put the firm in jeb dee -- jeop, people started pulling their money out, the money he had from customers was being used . >> what happened to him? as a co-chair of goldman he could do no wrong. then -- >> if you look at his wall street career, and his political career in a diaper context, why did he get thrown out of goldman? he did, he took bets, he did things that were careless, he had a long string of doing things that partners at goldman did not like, including engaging in merger discussions without alerting the board, in the end risks the term's balance sheet. he got ousted from goldman, he became new jersey senator and governor, as governor you can make a good case he was reckless with the budget could and spending, not a great economic stuard of that state. that is why chris christie came in and beat him. neil: despite all of the fat jokes. >> yeah, he had a lot of money. neil: do you remember that. >> yeah the fat jokes, and ob

bet you didn't know that i had bongos.ing is a good time for bongos. i was sleeping. leonard sleeps while i play bongos. no, he doesn't. leonard no sleep while i play bongos. bongo solo. stop! stop it! stop! stop! stop it! what the hell?! oh, hi, penny, guess what? sheldon got bongos. why did you get bongos? richard feynman played the bongos. i thought i'd give that a try. richard feynman was a famous physicist. oh, leonard, it's 3:00 in the morning. i don't care if richard feynman was a purple leprechaun who lived in my butt. penny meant "if he were a purple leprechaun." penny forgot to use the subjunctive. sheldon, go to bed. you have work in the morning. maybe, maybe not. maybe tomorrow i start a bongo band and tour the world. no, no, hang on, uh, uh, roommate agreement. no hootenannies, sing-a-longs or barbershop quartets after 10:00 p.m. roommate agreement? are you kidding? we are living in a world of chaos. roommate agreement. where are you going? wherever the music takes me, kitten. i play bongos walking down the st

>> he lost the bet.o stick a knife in the toaster. >> danny, apparently lost a bet with his buddies and has to put a knife in the toaster. with the toast down and the toaster plugged in. a big no-no for all of you children who may be watching. do not do this. let's see what happens here. countdown. >> two. >> two. >> three. >> three. >> he still doesn't do it after that countdown. but here we go. danny mans up. >> [ bleep ] [ bleep ]. [ bleep ]! >> danny appears to put the knife in the toaster and then, boom, huge explosion. >> i don't know. >> i want to say fake. i can't imagine that a toaster's going to be that volatile and explosive. they're household appliances not bombs. >> i thought something might be up with this, too. fishy to me. i don't know. is it real? is it fake? what's suspicious is that the whole screen goes white hot blank. >> that would hide an edit point. >> need to see this frame by frame. >> right. almost a white light. >> wouldn't the circuit breaker trip before the toaster would blo

hedge the bets, folks, hedge your bets, and "money" with melissa francis is next.'s what's "money" tonight. can you trust the i.t. staff of your company? in the wake of the snowden scandal, they may be the biggest risk to business security and private data. how? plus, paula deen's food empire is burning to the ground, but a top price manager says she can still pull it out of the fire. he has a step-by-step plan to save it. hope she's watching. who made money today? one of the few groups that stand to make money from obamacare. stay tuned, find out who it is. even when they say it's not, it's always about "money." ♪

now is the time to lay a bet. and it's before anybody does. >> burry figured out that these mortgage-backed securities would become worthless if just a small percentage of the dicey loans went bad, and he wanted to bet against the worst of them. he decided that the best way to do it would be to get wall street to sell him inexpensive insurance contracts on the securities that would pay off big-time if they failed. the contracts were called credit default swaps. >> he conceives that they are going to invent on wall street credit default swaps on subprime mortgages--essentially, insurance contracts on the bonds--before they even do. and he helps--he participates in the creation of this instrument, and michael burry is the first one in. >> burry assumed a lot of people would figure out what he was up to but very few did. it took two years for the drama to play out, but the subprime mortgage market finally collapsed in 2007, just as he had predicted. so you made a ton of money. >> made a ton of money, much more than i

folks are sweating back there right now. >> you bet. hello, everyone. kimberly guilfoyle.erly it's 5:00 o'clock in new york city and this is "the five"

we'll bet on it and iwill say inflation will be much higher nextyear and i bet you -- >> you have a lot than i got. i need to be careful than that. >> i think i know more than you do about inflation. >> listen, maybe- >> this is one of the historic lows. of course they will go up. >> austin, we invite you every month. maybe we will teak the temperature the next month and the month after that. we will say thank you to austin. a great sport for joining us. comng up, a teacher under fire for suggesting his female students forget the corne office and focus on being mothers. not sure what they think, but we will hear what tracyther, it puts a big smile on my face. he was so warm and loving. he died from melanoma when he was 31. every hour someone dies fromm. it doesn't have to be someone you love. need to know for next week. tracy is first? >> commencement speech at high school and it says that girls should stay home and focus on mily. i get. it being a mother is the greatest job on the planet, but go out there and get what you want! go out tre. >> i said for the last six weeks i was suspici

i bet it isn't quiet when you walk out, huh? >> piquñ: no, it's not.r first time here. >> this is heart-stopping. >> piquñ: if you think that's heart-stopping, look at this from gerard piquÉ. >> xavi, he has found piquÉ! and gerard piquÉ finally breaks through the inter barricades! >> simon: and remember, he's a defender. scoring goals is not normally a defender's job. great football-- but for barca fans, so much more. it is an affirmation of who they are-- catalans. barcelona is the capitol of catalonia, which, on the map, is a province of spain. but many here want to secede from spain, form their own state. the barca players are their soldiers. >> rosell: what this club represents to us, it represents to be part of a country called catalonia. then i would say, yes, we are quite different. >> simon: "country called catalonia." it's not in the united nations. >> rosell: not yet. who knows? >> simon: over the last few months, barca fans have been acting like they're at a political rally. during every match, the stadium erupts with cries for independence

in the real world story of what happened when i decided to make a big bet on myself and take that chance to do this because it is what i loved, i was grinding away for a long time and i had no money. we would rehearse during the day and perform these little theaters at night for free. i was taking classes during the day and trying to learn improvisation. i eventually had to get out because i had no money. i put my degree from michigan to use rather than selling stuff at crate and barrel. [laughter] i kept on improvising in chicago for many years. two lessons i learned -- we had this director that was instructing a class. 10 of us in the class. the guys are improvising that they are in a laundry mat. the scene ends. he asks all of us, what do you see on stage right now? there is nothing up there. it is an empty stage. he says, so far you guys have improvise you are in an apartment, a laundromat, and apartment. what are you afraid of? we looked at each other. what do you mean? he said, you need to make more courageous choices. even if the stages completely empty, you can go out there and b

dan made a bearish bet on caterpillar and now he's in the green. >> wow! >> so, how can he build on his gains? find out when "options action" returns. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ >>> financials were the single best performing sector in the month of may, doubling the markets gains over the course of the month. morgan stanley got a buy rating on the stock today. do the technicals line up? let's call to the charts with the one and only carter braxton worth. hey, carter. >> technicals look good. but let's look at a few charts and put

we'll bet on it and i will say inflation will be much higher next year and i bet you -- >> you have aney than i got. i need to be caref than that. >> i think i know more than you do about inflation. >> lien, maybe -- >> this is one of the historic lows. of course they will go up. >> austin, we invite you every month. maybe we will teak the temperature the next month and the month after that. we will say thank you to austin. a great sport for joining us. coming up, a teacher under fire for suggesting his female students forget the corner office and focus on being mothers. not sure what they think, but we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed much is the official retirent age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ need to know for next week. tracy is first? >> commenc

you know, i'll bet she's in a better place now. i'm sure she is. [ ethereal music plays ] [ motorcycle revving ] getting you back on a brand-new bike. now, that's progressive. >> alisyn: stop whatever you are doing and look at this amazing video of a once deaf 3-year-old boy who is hearing his father for the first time. >> daddy loves you. daddy loves you. [ laughter ] daddy loves you. >> alisyn: oh my gosh. >> that is really unbelievable. how is this done?

would you ride a motorcycle naked 20 miles for a $50 bet? good morning. i'm mara schiavocampo. at times, contentious fourth day of testimony during the george zimmerman murder trial thursday. the defense challenging a key state witness about what she heard and what she said to jurors about her phone call with trayvon martin just minutes before he was killed. nbc's jay gray has the details from sanford, florida. >> reporter: the legal sparring continues between attorney don west and the state's key witness, 19-year-old rachel jeantel. who's told the jury she heard part of a confrontation between george zimmerman and trayvon martin during a phone call minutes before he died. >> the defense strategy was to keep her on the stand, show some inconsistencies, just create doubt about whether this witness' testimony is enough to put a man in jail potentially for the rest of his life. >> reporter: west tried to point out what the defense called inconsistencies in statements she's made about her conversation with martin and questioned what happened when the phone was disconnected during t

almost 6 million dollars was bet on it. jackie says -- it's all coming in the broadcast. >>> fog out the door in the bay area. ♪ [ roars ] ♪ [ roars ] ♪ [ roars ] ♪ [ roars ] ♪ [ male announcer ] universal studios summer of survival. ♪ living on cloud nine with that u-verse wireless receiver. you see in my day, when my mom was repainting the house, you couldn't just set up a tv in the basement. i mean, come on! nope. we could only watch tv in the rooms that had a tv outlet. yeah if we wanted to watch tv someplace else, we'd have to go to my aunt sally's. have you ever sat on a plastic covered couch? [ kids cheering ] you're missing a good game over here. those kids wouldn't have lasted one day in our shoes. [ male announcer ] add a wireless receiver. call to get u-verse tv for just $19 a month with qualifying bundles. rethink possible. >>> breaking news, san jose police say there is an arrest made in the connection with the may 26 shooting. investigators they don't have a motive yet but it is believed it is not gang-related

weather channel meteorologist mike bet's and his crew were inside this suv as it was thrown 200 yards. here is how bettes described the ordeal to al roker this morning. >> initially i couldn't believe it was happening. it was survival mode after that. okay, what do we have to do inside this vehicle to make sure we'll be okay? we all ducked down, had our seat belts on. the air bags all deployed. my head hit the air bag and we were just holding on. everything happened so fast. we were trying to get past the tornado, get out of the path of it and got caught on the front end of it. >> you survived this. are you going to go back out there on the chase? >> i don't know. you know, it's given me perspective, what's important in my life. it may not be up to me, al. you know, i'll talk to my family about it. if they don't want me to go, i won't go. simple as that. >> also inside this pummeled suv, his photographer, austin anderson. he also walked away but with

actually, the betting companies hoping this.ck in 1982 when the prince was born, the company actually lost money because the baby name was leaked three days early right before the birth. >> my lips are sealed. >> okay. yeah. if you know something, tell me. >> all right. pa< the biebs made a mistake and his monkey paid for it. the biebs' monkey fired that we will wait for that show you the story exactly, good news, has a happy ending. tell you that right after the break. ♪ [ roars ] ♪ ♪ [ roars ] ♪ [ roars ] ♪ [ male announcer ] universal studios summer of survival. ♪ [ female announcer ] it balances you... [ water crashing ] ...it fills you with energy... and it gives you what you are looking for to live a more natural life. in a convenient two bar pack. this is nature valley... delicious granola bars made with the best ingredients in nature. nature valley. nature at its most delicious. >>> any time we have a story with just reason bieber and a monkey, we have to tell t >> the monkey was given to a zoo in northern part -- in th

i bet the stock still has plenty of room to run.ll about using technology to help oil and gas companies figure out where to drill and how the squeeze the most oil out of existing reservoirs. company has built out a nice u.s. business that represents 30% of all u.s. sales. all these shale plays, they wouldn't be worth drilling if we didn't have the science to make them economical. core labs is the scientist of the oil and gas business. there could be two other big shales in our country. how about a straight up oil producer, eog resources, one of the largest and best in the country. even more important, eagle ford shale in texas. the two biggest discoveries more than a generation ago. it was fantastic. highest drilling rate of return in the company's history and a 33% increase in oil production. now, the ceo is talking about what could be the next big oil find, the delaware basin in west texas. also in a bit of new mexico. i think this could be huge for them. finally, it's worth mentioning we're producing so much new oil that our exis

i'll bet a lot of people are going to dump it.t to hold on to covidien and mallinckrodt, at least at first. the reason? well, first, we have a recent precedent for what covidien's doing here, and that's the abbott labs breakup from the beginning of the year, another one i've been telling you about for ages before it happened. abbott, another medical device firm, spun off its lab business abbvie. i thought they were going to go down, but i was wrong. in the five months since then, abbott labs rallied 12%. abbrie returned 27%. this tells us there's more room to run for both stocks, even after the split happens. so, i think you keep owning both covidien and mallinckrodt, because mallinckrodt will be a little like abbvie, which i didn't like as much as abbott but the market warmed up to. this is a big but. you own them differently. covidien is an investment, a high-quality medical device play whose products are virtually in every hospital in america. i think the analysts will go nuts when mallinckrodt is spun off, but mallinckrodt, on

they made bad bets.es of failure on wall street should be failure." >> let me give you an analogy, if i might. if you have a neighbor who smokes in bed and he's a risk to everybody, and suppose he sets fire to his house, and you might say to yourself, "you know, i'm not gonna call the fire department. let his house burn down. it's fine with me." but then, of course, what if your house is made of wood and it's right next door to his house? what if the whole town is made of wood? well, i think we'd all agree that the right thing to do is put out that fire first and then say, "what punishment is appropriate? how should we change the fire code? what needs to be done to make sure this doesn't happen in the future? how can we fireproof our houses?" that's where we are now. we have a fire going on. >> it's still burning. >> it's still burning. >> are you committing, in this interview, that you are not going to let any of these banks fail, that no matter what their balance sheet actually looks like, they are not

i bet it can still go higher. friday we have a number that starts to need being better, better now, certainly than it has been. that's industrial production. we had a huge move up in interest rates. we haven't had a concomitant in business. that's why it spooked people, right? because higher rates could throttle back whatever activity we have. we will get a handle on how saft the industrial economy really is on friday. here's the bottom line. hey, look, we had a decent relief rally now the big, bad event is behind usment we have to hear strong reports about consumer and industrial spending as well as a glimmer of hope in china. don't forget to got a few hundred shares in cotty and the red hot gigamon ipo. joe in oklahoma. joe. >> caller: boo-yah, jim, from oklahoma. how are you? >> real great. how are you? >> caller: the fact that today silver and wheat stock is plummeting. my question for you, mr. cramer, what is your outlook on silver and gold values on the long run and what do you expect silver and wheat stocks

. >> you bet, you bet. >> congressman ryan, we begin with your opening statement. >> thank you.irst of all, i want to thank centre college for hosting us this evening. >> oh boy, here we go. [ laughter ] oh man. >> four years ago, president obama made a promise -- [ laughter ] -- that he would bring down unemployment below 6%. >> oh, this guy. [ laughter ] >> he said that by the end of his first term, he would cut the deficit in half. >> oh! [ laughter ] >> and yet he still has not put a single credible plan on the table on how to deal with the debt crisis. >> i'm sorry, martha. martha, but with all due respect, this is a bunch of malarkey. [ laughter ] all right? this is malarkey. >> a bunch of malarkey? >> yeah. >> what does that mean? >> it's irish. >> no, no, no. irish is i come over there and smack that dumb look off your face. [ laughter ] >> hey! do i sound like jim lehrer? >> no. >> no. >> and do i look like jim lehrer. >> no. >> no. >> then don't try and [ bleep ] me like i'm jim lehrer. are we clear? >> absolutely. >> yeah, absolutely. we got it. >> good. the number on

(cheers and applause) i bet you anything he didn't pay his dues. i bet he sent in ten box tops. (laughter) folks, i am calling for a congressional investigation! how far does this serial scandal spread? is general mills just a colonel? (laughter) is count chocula just mr. chocula? (laughter) and what about frosted flakes. we will find out they're adequate? (laughter) (cheers and applause) i just hope and pray -- i just hope this scandal doesn't spread to the number-one children's serial mascot, kashi good friends. (laughter) i think we deserve to know. are they really good friends who enjoy high fiber? or are they just business associates who synchronize their bowl movements for marketing purposes? (laughter) like a clock. folks, i believe in saying whatever's on my mind right after it's been put into this little teleprompter up here. this is tip of the hat, wag of the finger. (cheers and applause) first up, ladies and gentlemen, there's some good news about the housing market in that there is still a housing market. (laughter) jim? >> house flipping is back. >> stephen: house f

i was on bet any's talk show because i needed help.ds and work three jobs and a mountain of debt and a struggling business and i got to meet bethenny. i've loved her for years of the every major decision we made has been sitting at the kitchen table drinking skinny girl margueritas. every morning when i wake up, the first thing i see tonight reminds me never to give up and keep moving forward. my product is shutter huggers and as a mom i was chasing my kids around trying to get them to look at the camera, waving stuff. and we created stuffed animals that hug your camera lens tonight attracts the kids' attention and you get a great shot. >> you want advice, right. so i think, the first thing the good news i think it is a great idea. the packaging needs to look like a camera and this is on it so people walk up and they know what it is. >> off camera bethenny told me to lower my price and it scared me to death. >> your price needs to come down. >> but it meant the world that bethenny took the time to look at my business and give me advice

i'll bet a lot of people are going to dump it. i think you ought to hold on to covidien and mallinckrodt, at least at first. the reason? well, first, we have a recent precedent for what covidien's doing here, and that's the abbott labs breakup from the beginning of the year, another one i've been telling you about for ages before it happened. abbott, another medical device firm, spun off its lab business abbvie. i thought they were going to go down, but i was wrong. in the five months since then, abbott labs rallied 12%. abbrie returned 27%. this tells us there's more room to run for both stocks, even after the split happens. so, i think you keep owning both covidien and mallinckrodt, because mallinckrodt will be a little like abbvie, which i didn't like as much as abbott but the market warmed up to. this is a big but. you own them differently. covidien is an investment, a high-quality medical device play whose products are virtually in every hospital in america. i think the analysts will go nuts when mallinckrodt is spun off, but