t. boone pickens, who once scoffed at the oil sands, is one of those investors. hedge fund in dallas and is now a true believer. >> we're managing $5 billion here, and about 10% of it's in the oil sands. so it's the one single largest investment we have. >> 10% of $5 billion. i flunked math. >> 500 million. >> and if oil sands are the answer for investors, are oil sands the answer for the united states? >> oh, i think so. [ticking] >> but despite the boomtown mentality in the great white north, we'll meet environmentalists who say there may be a high price to pay to get all that oil out of the dirt when 60 minutes on cnbc returns. i want to make things more secure. [ whirring ] [ dog barks ] i want to treat more dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better.

t. boone pickens, who once scoffed at the oil sands, is one of those investors. ens runs a hedge fund in dallas and is now a true believer. >> we're managing $5 billion here, and about 10% of it's in the oil sands. so it's the one single largest investment we have. >> 10% of $5 billion. i flunked math. >> 500 million. >> and if oil sands are the answer for investors, are oil sands the answer for the united states? >> oh, i think so. [ticking] >> but despite the boomtown mentality in the great white north, we'll meet environmentalists who say there may be a high price to pay to get all that oil out of the dirt when 60 minutes on cnbc returns. ? always go the extra mile. to treat my low testosterone, i did my research. my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may become pregnant and children should avoid contact where axiron is applied as

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t. boone pickens has a good position in it and it's a candidatfor a break-u >>> jonathan, you'veeen very tn the interest rate stuff. you don't like gold, but do you like oil? >> no, i don't own any oi eric. but i like poland. poland was t only e in europe to actually not going into aecession in 2008. in fact, it's very difficult for u.s. investors to buy poland. plnd is a traction index. i like it very much. >> does it attract kielsa sales inchicago, by chance? >> we have a very large polish community here,ery proud of it, and i'm sending my money over here these days. >> ame om chicago. i remember the polish commity in chicago. being italian american, not many kielbasas in my house. you, trace sfp. >> i'm not en sure i know what it is. >> remember, you can weighin on all the topics we just discussed on twitter. be sure to sound off. let your voice be heard about today's show and everything else. i'll see you on the five. have a great weekend. and ves in the midterm elections next year. ♪ ♪ >> tom: the scandals are flying. every day a new revelation in the name of our safety, has the gov

t. boone pickens has a great bii >> jonathan, you've been on the interest rate stuff.ke o oil? >> i don't own any oil. but i own poland.y it's the only country in europe to actually not go into recession in 2008. in fact,pe t it's very difficulr u.s. investors to buy poland. plnd, i like it very much. >> does it track the kilbasa sales in chicago? >> we have a large polish community here. >> i came from chicago, iy remember the polish community.o. being italian american, though, not many of those in my house. >> not sure i know what it is. >> thank you for joining us, everybody. tra eber, you can weigh in on my all theve topics we just discusd on twitter. sound off, let your voice be heard about today's show and everything else.of i'll see you on "the five." have a great weekend. and vote in the midterm elections next year. >> hello, everyone. i'm kimberly guilfoyle, with bob beckel, eric bolling, andrea tan tear rose and greg gutfeld fold. it's 5:00 o'clock in new york city and this is the five. >> we're going to kick off the showow with a little faith book free for a

t. boone pickens iv, the oil tycoon's college-age grandson.ce say 21-year-old brennan rodriguez injected heroin into pickens' body, resulting in a fatal overdose in january. rodriguez now faces felony murder charges. >>> and police here in new york are trying to track down a man who pulled off a jewelry heist in broad daylight at tiffany's on fifth avenue. the guy got away with two diamond necklaces worth about $100,000. police say he started talking to the clerk. then, grabbed the jewelry from the counter and ran off. >> my goodness. >>> a southern california grandmother says she has no regrets about firing on a man trying to break into her home. jan cooper of anaheim fired one shot while she was on the phone with 911. cooper said she is amazed by the anger in her voice and the curse word that she let fly after she fired that shot. >> uh-oh, i have no idea what's happening. but i don't like the sound of that dog. they're in our yard. i'm firing. back up you son of a [ bleep ]. back up. >> the stunned intruder apologized to cooper after she fi

t. boone pickens, there's a natural gas act in the congress that the president said he is willing to geton board and support but he doesn't do it, he gives that lip service. if you look at the polls, i will consistently say this and concede, gospel preaching environmentalists that preach it like religion to continue to pad their pockets with this, they convinced the public something is happening, but nobody believes, bob, when you ask them is this a crisis, does it require taxpayer dollars, people go no, why should we spend money on this. >> i don't think in polls they say it is a crisis. >> they don't want our money, tax dollars going to it either. >> also don't want their kids facing a crisis 50 years down the road. >> by the way, your friend danny, natural gas burns cleaner than coal. president obama is finally coming around to embracing it as an alternative. >> if there's any savior to his presidency legacy wise, the fact he is bringing more energy to the market in america and because of natural gas. sooner rather than later. >> does anyone here think the united nations is going to g

t. boone pickens is here with his newest outlook.s of money" and lots of oil coming up. ♪ messa: no matter what time it is money is always on the me. shares of safeway rocketing upward of a hours. it is sli canadian operations to sobe's for 5.7 billion u.s.olrs. it includes 213 safeway stores in canada. that stock is up 13%. good for you, investors. >>cod fracking be the calyst tha turns our entire economy around? some analystsay unconntional illing could create 3 million high-paying jobs in the next decade. it is clear we need to do something big to get america back to work. where are thmost promising fracking plays right now? let's ask the man who knows, t. boo pickens. so good to have you back on the show. >> thank you. melissa: so this is my theory. i think that frking could really be our tng. thatin the past when we've seen this big structural shift in the economy where all of a sudden millions of jobs disappeared and don' appear to be coming back we' eith had r or the internet crop up.3 we had some huge shift that created a new

t. boone pickens. american investors seem to want to try this often and seldom succeed.one of the reasons japan is in the quagmire it's been in for a quarter century. its companies are not innovative and not responsive and flexible. moreover, i would point out it's really not about -- excuse me, not about sony individually anyway. this is really a macro japan story. if you look at a chart of the dollar-yen combined with sony, you can see that for most of this year it was the exact same trade. so, in other words, the dollar-yen rallied, weakening the yen, most japanese companies, including sony, did well. the problem with that, over the last couple of weeks, the dollar-yen has turned around violently and heading lower. and as the yen strengthens, that's a huge problem for sony, who gets 80% of its revenues internationally. >> i don't see that as a problem at all. in fact, i'm bullish on the dollar here. i think the yen will weaken. of course, strengthening on the charts, but weaken in reality. we can test that 103 again. that's a stronger dollar, weaker yen. i like tnikke