CodyWillard

What will the markets do now?

Why is Apple so strong?

Will Twitter ever be a good stock to buy?

What's the best software company in the world?

Happy Hour with @RebeccaDiamond and Cody Willard. Errr. I mean, Cody Underground. Featuring @MichaelHaynes CEO of Apmex.

Do I buy gold coins or bars? U.S. or other countries? Fees? What about these gold companies that advertise on TV? This is for our kids' future!!!

1. How I got to NYC

2. Why and when I started writing

3. The low point for my writing career

4. How I got on TV the first time

5. Don't ever give up because you're always just one perseverance away from success and the breaks won't come if you're not out there trying

1. Do we have to have a crisis and crash for change to come?

2. How do we get past Partisan politics and Republican Democrat radicalism?

3. Gerald's new movement: Occupy Peace Movement. OccupyPeace.US

4. Can the Internet Revolution save us?

5. One of Gerald's favorite songs

Here’s a full transcription of the interview too.

Cody: Let me just introduce … Gerald Celente is a … I consider him a friend. He’s been a frequent guest on my old show, Happy Hour, and I’ve stayed in touch with him since I left Fox, mainly because he’s brilliant, and he’s famous for forecasting trends and talking about geopolitical ramifications and forecasts, and economic outlooks, and just general commentary about the state of society, too.

I’m thrilled to have Gerald Celente join me today. He is the publisher of Trends Journal, and we’re going to jump right in and let him talk a little bit first about … What are you forecasting for the rest of this year, Gerald, and say maybe into next year for both the economy and any major geopolitical flashpoints that you’re worried about?

Gerald: Before I go any further, I just want to let you know that Happy Hour was one of the best shows on TV, and that’s no [Harvard 00:02:51] line. I was on everybody … Oprah, the Today Show … I used to go on every show out there, and that was the neatest show around.

Cody: Thank you so much. You were … we loved having you because you also had fun with us. It wasn’t a dry format.

Gerald: No. How could it be a dry format when you’re sitting around a bar.

Cody: I have to say, it was a brilliant concept, and it was a great … I loved it while it lasted; but truly, I don’t know that TV was my calling. I much more enjoy being underground, and being an entrepreneur, doing the things I’m doing with Scutify.com, and trading with Cody.com and some of my other ventures.

Gerald: I just want to let you know that that was … there’s been nothing like it before or since. Every show out there is dry and packaged, and there’s no life in them.

Cody: I really appreciate the kind words. This isn’t about me today for sure, Gerald. Can you please dive right in. What do you … what is your forecast?

Gerald: The forecast … on economic front, everybody knows the story. If they follow you, everybody knows the deal. As long as they keep dumping in cheap money into the system, whether it’s coming from China, whether it’s coming from the European Central Bank, whether it’s coming from the Federal Reserve, as long as they keep pumping dough into the system, it’s going to keep going on. It’s a pawnsie scheme.

The other thing is, of course, these record low interest rates. The only people that they’re enriching are the traders and the banks and the financiers. You see the merger and acquisition, the M&A markets booming because of all the cheap dough. The same thing with real estate. “Oh, look what just happened. The new numbers came out on new homes. They’re down. I wonder why they went down.” Well, the houses have gone up and the mortgage rates are going up, so as long as they keep dumping money into the system, keeps interest rates low, it’s going to continue to look the way it is now.

Cody: What would be the catalyst for the change, and do we have to have a heartache, a crash, a crisis, for the next foundation, something a little more healthy on an economic and political foundation for our country and the globe, itself? What’s the process? How do we get to something better, or do we just keep inflating these bubbles like you’re talking about until there’s biggest crisis, crash, depression of all time?

Gerald: Nothing is going to change, I believe, at this … I’ve been at this now 35 years, and I don’t see it changing until the individuals change.

It’s that hundredth monkey syndrome. You know the story about … how they taught a monkey how to do something on an island. Then all the monkeys did it. Then on an island that was very far away, the monkeys started doing it as

Q: Cody, if FB pops from earnings at what level would you look to sell some of the position?

A: My first boss on Wall Street once screamed at me and sent me home for celebrating having opened a big account because "you don't want to jinx it. Don't celebrate until the check is in the bank and has cleared." I mocked the idea even as I stormed home with steam blowing out of my ears, angry that he was angry at me when I'd just seemingly opened him a good opening-sized account from a big investor. I understood what he meant weeks later when that check never came and the guy never answered our call again and I ended up eating a $3000 loss for the firm. Anyway, IF FB pops, I'll tackle how I'll trade it when it happens. I'd likely trim more if FB were to get back above $70 where I'd trimmed it last time anyway.

Have lots of irons in the fire for your own career. And spread your purchases and your risk out over time and over a several positions no matter your age or risk-averse level.

Before you pull any trigger and open up any stock account, I’d suggest asking yourself if that money might be better used in starting a new app company or website business that you have come up with and think could be a big winner. The experience of running a business and more to the point, the upside of betting on your own actions creating value rather than betting on other people at other companies ability to create value for you as a shareholder, is probably the best bet for your money at this age and stage of your life.

When it comes to investing, I spend a lot of analysis, articles and thought process on doing exactly that — trying to remember who I was and what I was doing in past cycles that I’ve lived through on Wall Street. So today, I have a special edition of "Cody Underground" — Stock Throwback Thursday.

When it comes to investing, I spend a lot of analysis, articles and thought process on doing exactly that — trying to remember who I was and what I was doing in past cycles that I’ve lived through on Wall Street. So today, I have a special edition of "Cody Underground" — Stock Throwback Thursday.

1. Any advice on when you get stuck like this? Go neutral if things look dicey?

2. What makes you think $FB is at the near term bottom?

3. What is a good way to get exposure to gold if I do not have real capacity to hold physical gold?

4. Where's the tech M&A activity?