Jordan Goodman, California, Ethan Bearman discussed on Ethan at Night
Money answers. Man Jordan Goodman is? Joining me on the? Line right now let's grab Larry and Santa Rosa Larry you're on KOA ten Yeah hi I'm wondering about. The fluctuation medals goals seems to be rocketing, downward general what get over a period? Of, time And what do you know about that and what do you think about the, future goals going lower it's interesting the. Time of all these. International tensions, normally, think gold to be going up but gold going down and other things copper has. Been plummeting for example soybeans lots of commodities are. Falling that's telling you less. Demand because of the trade wars so I. Think that's why goals is going down it's gonna keep. Going down if anybody has a place to, go today it's bitcoin bitcoins actually been going. Up a bit lately we've got down to a little below seven six thousand now it's. About seventy five hundred so. Maybe bitcoin is the goal is where people. Putting their money in times of stress Happen that way I know I just there's nothing behind bitcoin so that's what always. Makes me feel digits digital digits digital digits and. There's a lot of scammy. Ones out there that there are these ICO's. Initial court offerings most of them are scams you're right. Yeah exactly America's money answers man Jordan Goodman, is joining me on the line right now. Let's grab Dave in San Lorenzo Dave you're on ten with Ethan Bearman and Jordan Goodman Hi I'm not trying to pay pollyanna, here but if China doesn't want our. Soybean Back in the seventies people restaurants. Got in trouble because they were using soy because. It was cheaper than hamburger but now, burgers like twice as expensive as hamburger So will, they get cheaper they should because the price of soybeans itself has. Gone down a lot now whether they're gonna pass through in a soy burger I'm not sure but the cost of. Soybeans has gone down dramatically in the last you know this year, as the demand is. Going to be less, because the, Chinese are not going to be buying so I hope that does. Get passed through, to the story burger but I wouldn't count and by the way the new the really good new ones are. Not made out of soya anymore that much anyway Impossible, burger and whatnot or barely soy anymore but yeah, so that's that's, an interesting one so we got this we had the global trade. We're going, on the countries are working behind us doing their own free trade deals continue to fight increasing sheriff's hurting. The American consumer hurting American businesses and I'm curious to hear how, it's Becky people as. Well let's grab another, call here, Ken in San Francisco you're on k. o. ten with Ethan Bearman. And Jordan Goodman Yeah hi I wanted. To find out how, is this going to affect the shipping industries for trucking industries I. Mean. There's a lot of people that in especially in our state that have jobs driving agriculture products The fire or work at the port and. The shippers of course to really really hurting shipping, so a lot of companies are are destroying. Their ships they're pulling them apart because there's so little demand and it means shipping rates, go way down you can imagine. How much fewer exports are going to. Be of US going to China. But they're not taking our soybeans that's just one example. Of many things so shipping rates will go down. It's going to hurt, the shipping and the dock industries I want to go to something specific than Jordan Goodman America's money answers man joining me. On the line because I drive around. The state a, lot and here in California, and? Two cans, point so we're, not a big soy state California's we have we're, all, men's, were, amens right. We're walnuts pistachios were, tomatoes were the number one source for, things like lettuce greens Romains spinach that's exported I mean some domestic but there's. A good, amount of exports particularly the trucks driving up and down the high all over the state deliver From the fields to the, to, the, processing, facilities in. Whatever form that they've, they are you know before they get, shipped off so what you're saying is those are about to start having Jeff Example it's not California but in Washington apples are very big I heard a guy Yakama. Washington apple, farmer who said, that ninety five percent of his apples he's ships to Mexico, okay that's about to stop because the. Tariff they're putting on us..