Archive.fm

Turley Talks

Ep. 2640 Energy Secretary CAUGHT Insider Trading!!

Duration:
19m
Broadcast on:
22 Jun 2024
Audio Format:
mp3

Today, I’m joined by trading expert Ross Givens and we uncover the insider trading scandal involving Energy Secretary Jennifer Granholm and bus company Proterra. 

Get Ross’s insider trading secrets to trade like the politicians legally!! Click here to register for his FREE Insider training event on Thursday, June 27th @ 3pm ET: https://turleytalksinsidertrading.com/registration/?tambid=18762

*The content presented by our partners may contain affiliate links. When you click and shop the links, Turley Talks may receive a small commission.*

--

Stay Connected to Dr. Steve moving forward on the new Turley Talks Platform at: https://fight.turleytalks.com

Thank you for taking the time to listen to this episode.  If you enjoyed this episode, please subscribe and/or leave a review.

FOLLOW me on X (Twitter): https://twitter.com/DrTurleyTalks

Click here to partner with us and defy liberal culture! https://advertising.turleytalks.com/sponsorship

Sign up for the 'New Conservative Age Rising' Email Alerts to get lots of articles on conservative trends: https://turleytalks.com/subscribe/.

Are we seeing the revitalization of conservative civilization? All over the world has been a massive backlash against globalization, its leftist leadership, and its anti-cultural liberal values. And it's just the beginning. I'm Dr. Steve Turley. I believe the liberal globalist world is at its brink and a new conservative age is rising. Showing me every day as we examine these worldwide trends, discover answers to today's toughest challenges and together learn to live in the present in life of even better things to cover. This is Turley Talks. Thank you, Mr. Chairman. Madam Secretary, nice to see you again. When you were here last, I talked with you about the fact that more than 130 officials in the Energy Department reported more than 2,700 trades of shares, bonds, and options in companies that ethics officers said was directly related to the agency's work. This is institutionalized corruption. And I asked you point blank, do you own any individual stock? And you told me, no, let's just look at it. It was not a difficult question. Do you own individual stocks, Madam Secretary? You said no. In fact, you repeated it three times to me. No, no, no. Turns out that was false. You did own multiple individual stocks, and you neglected to report it to this committee for months afterwards. Why did you mislead this committee? Oh, my goodness. That was exactly my response. So why did you mislead this committee? I believed that I had sold all individual stocks, and I was incorrect. So I came back and told-- So you just don't know your portfolio? Pretty much. It's a big one, I guess, huh? It's extremely small. Apparently not. Someone manages it for you. Another day, another scandal involving a member of Biden's Woke Cabinet. This time, it's Jennifer Granholm, the US Secretary of Energy. Now, Granholm used to sit on the board of an electric bus company called Proterra. And she had millions invested in the company's stock. But once confirmed as head of the Department of Energy, she used her position to promote the company. She got Biden to visit the plant, and of course, he sang its praises. He touted the company as an EV success story and the like. But as it turns out, the company was not successful, and in fact, it's now bankrupt. It's stock worthless. But you wouldn't know it if you looked at Secretary Granholm's portfolio. You see, she cashed out at the peak and made millions for herself. Imagine that. So I came back as soon as I found out that, in fact, I had not sold all individuals. Wait, wait, wait. No, that's not true either. Let's just look at the timeline. Let's not-- I just remind you, you're under oath. Madam Secretary, you testified you didn't own any individual stocks. You didn't sell the stocks for a whole other month. And after you sold the stocks, you waited another month before you informed this committee. Why did you mislead us? And what were you hiding? Why did you wait so long? Why did you hide this? Now, to find out what's really going on here, I brought in a friend of mine to break this down for us, our go-to expert on all things corruption and insider trading, the one and only Ross Givens. Ross, thanks for joining us. Great to see you as always. Can you hear Dr. Steve? Always a pleasure? What a story, man. I mean, I love talking to you about this stuff, because you are, really, in my opinion. You are the leading expert on political corruption. But more importantly, and this is the part that I love, you actually show people, your average Joe, how it's done so they themselves can stick it to these politicians. I feel like the magician who tells us how the tricks are actually performed, right? So you've been showing people for years now, and by the thousands, how to piggyback on these trades to make money for themselves. And I know some of our viewers, myself included, we get stock picks that you send out weekly. And a lot of the, a lot have delivered big gains. And you are hosting a free online training event. Once again, completely free. It is this Thursday, June 27th, correct at 3 p.m. Eastern, where you're going to show people how to do it themselves. And I want to talk more about that. Before we get into the knitting and gang, if you want to sign up, just go ahead and click on the link below. But before we get in the knitting gritty on that, you've got to explain to me this insider trading scandal involving the Secretary of Energy, because at least the way I'm reading it, in many respects, she was just caught red-handed, wasn't she? Yes. Yeah. And especially when you realize, you know, she made $1.6 million on this very short-term trade. But essentially what she did, she used her position, her access to the president, the promise of federal tax dollars to boost the price of the company's stock. And then as you mentioned, she cashed out near the top before it crashed, made millions. So I don't know how you see this as anything other than corruption and insider trading. It's interesting what you just said there. You say she used her position to boost the price of the stock. Can you flesh that out a little bit? Yeah. Well, the stock market is an auction. It's just like eBay or anything else. It's buyers and sellers trying to figure out what a company is worth. And what a company's worth is a formula based on how much money they're going to make this year, next year, the year after, the year after, and so on. So stock prices are all a derivative of what the market thinks this company's going to do. So even if a company's not making a lot of money right now, you know, so you're talking about Amazon in 1999, right? The stock can still go way up and investors think they're about to make a lot of money. Things are going to change if you go in their direction. So what Granholm did, as soon as she's confirmed as the Secretary of Energy of the United States, who's now in charge of the country's entire energy policy, one of the first things she does is have Biden host a virtual White House event to spotlight this company, Proterra, this small off the radar, electric bus manufacturer, that, what do you know, she just so happens to own millions of dollars worth of stock. So right. So she's basically, she brought this company into the spotlight, into the heart of the White House, as it were, and then Biden endorses it publicly, right? Yeah. Oh, he more than endorsed it. Yeah. I mean, this guy, you know, he promised federal funding. He promised we're going to get rid of all diesel buses in this country in nine years. He even, you got to see the clip. He makes up this crazy story, why he's talking to them about how he put himself through law schools and bus driver, which, of course, is a complete lie, you know, I was raised tuition. Yeah. Yeah. Poor child. Yeah. Yeah. So, you know, he goes all out. But, but look, I mean, I don't care what your company is when you have the president of the United States thing in your praises, bringing it everyone's attention, it's going to boost the stock price period. Yeah. How is she allowed to own this electric vehicle stock while at the same time being the secretary of basically electricity of energy, right? Yeah. It just seems like such a gigantic conflict of interest. It is. And she was, she was grilled by, I was, it gates the guy on the Senator recently because she's done it again. She, she came, sort of, talked for the committee maybe a year ago, said I've divested from all individual stocks, the only on mutual funds and they find out, oh, your husband's still got a bunch of forged stock and whatever. But yeah, huge conflict of interest. She's been wrapped up in this a while and look, what had happened, Republicans found out about it. You know, they made a big fuss and she basically says, uh, you know, oops, I didn't know I couldn't do that. My bad. It's just she sells all the stock. Well, yeah, sure you did. When you have a $1.6 million profit already you sell it, you know, and it wasn't just that one event. She did everything she could to pump this stock. Dr. Steve Biden appointed the CEO of that bus company to a position on the presidential export calendar. You think Biden found this guy? Look, Pateros and business for 18 years in 18 years, they made 200 buses, 200 vehicles, Tesla made 500,000 last quarter. But no, to represent the electric vehicle industry, we want this guy. This guy's made a few dozen buses, right? You know, so it just, it just does not add up at all. No, obviously does not, especially when you've got very appreciative of the way you take the time to put all the pieces together for us so that we can see the whole story ourselves. And you know, I, I thank you for that because obviously it does take a lot of work to find this stuff, put it all together. But raw. And this is, this is what I really love about what you do is that you take this corruption that you've been studying for years now and you transform it to help average people make money for themselves, but totally legally and ethically, we're not being bribed by anyone. We're not being put on boards or anything like that. You look for stocks like this one where politicians and other insiders are buying them up and then you alert your members so they can buy twos. That how it basically works. That's pretty much it. I mean, the idea is very simple, the execution, as you mentioned, takes some work, but you know, look, it's, it's, it's, it's always been this way, right? I mean, we talked off camera about this, how some of these, they're trying to track bribes and things. I'm bribing them with money, they're bribing them with, okay, I can't have a paper trail, but you might want to buy this stock around this time, right? And that's how they make all these well-timed trades we've seen. And look, Congress isn't going to police itself. They've been doing this for a hundred years, they'll be doing it for a hundred more. The only difference and what allows us to do this today is we can see their trades. You see the trades in real time, yeah. In real time, pretty much, yeah. So thanks to the Stock Act, which makes these politicians disclose, and then there's also this little known SEC loophole called the 10B5-1 rule. I'll get into this in the training session, but thanks to these, we can see what stocks they're buying right now with their own money and their own accounts. So we simply piggyback those trades. If you've got a biotech company with pending drug trials going on and suddenly the CEO and the chief medical officer at half the board puts a million dollars apiece in it, you kind of got to ask yourself, maybe they know something and it's not guaranteed to work, but a lot of the times it works in a very big way. So we just piggyback that. We're taking their advantage, we're using it for ourselves. We're letting them feed us inside tips. Yeah. Right. They're doing the work for us. That's the irony of it, isn't it? And you mentioned the free online training. You've got one, another one, Thursday, the 27th, 3 p.m. Eastern, where you're going to show people totally free where to find this information, do this themselves, which I do want to talk to you more about, but I want to just close the loop here because I'm curious how frequent this is. This is what's so eye-opening in terms of what you're saying, the strategy, this energy secretary use to bolster her own portfolio as it were. So as you were talking, all I could think about is the billions of dollars in the federal budget allocated to go to precisely these kind of programs, in this case, these green programs. And I'm just wondering how often, when all of a sudden done, these are just money-making schemes disguised and dressed up as political agendas. Yeah. I see that a lot. It used to be 20, 30 years old, it's the Republicans, they're pro-war, they're trying to pad their buddies' pockets in the military industrial complex, and it's been other things over the years. But look, the green energy movement is no different. No different. They don't care about the environment, Dr. Steve. It's just those that are lobbyists that fund them, those are the people they're trying to pay. I mean, just two years ago, if you remember, Congress passed, what's known as the CHIPS Act, and it was trying to bolster semiconductor production in the U.S., which, okay, fine. But they give $50 billion to these American semiconductor manufacturers, like NVIDIA, $50 billion of R dollars. NVIDIA stocks have over 1,000 percent since then, okay, Pelosi and other members of Congress, they loaded up on the stock. Before the act was passed, they've made millions. I mean, even if you break down the situation with this little electric bus stop, this pro tarot, okay, here's what happened. The Biden administration promises billions in funding for these electric buses. The goal, all American-made buses will be zero emissions by 2030. Sounds good. But then you start breaking down the numbers. What the heck is this going to accomplish? All right, I did break down the numbers. There are 288 million vehicles on the road in this country, 130,000 of buses, all right? That's 0.0004 percent, 4/100 of 1 percent of the vehicles on the road. And this is where we're going to spend billions on, you know, for the exhaust fumes of those. Does that make sense or does it maybe make more sense that they're making these stocks go up, that they're giving tax dollars to their greed, energy, friends, and to their don't? You know, so when you look at it in that lens and you break this down like you're spending how much per bus for negligible difference, I just, I don't see how this is anything but as you call it a money-making scheme. Yeah. Yeah. And the way you're running the numbers there, I could see why you do so well in the stock market. Always eye-opening stuff, I have to say, and it really is pretty. What I find so interesting, it is actually very simple once you lay it out like this. What I always tell you, follow them, follow the money. I've learned I'm a student. That's right. Dude, you're the real deal. I mean, tell everybody about the free training coming up that you're doing on Thursday and how they can attend. That's amazing. I've been to so many of your free trainings. I love them. Well, thank you for that. Yeah. Like you said, it is completely free. We're not making any money off this. It is online as well, so anybody can attend. And we're just going to show people as we do how to access, for one thing, the public database. You can see all these insider trades. It's free to access as well. And then we're just going to show you how to work and what to look for, what to look out for. And the things are biggest winners had in common, you know? So a few examples, like if you see one, you know, the CEO's buying, well, that's good. But if three board members, the VP, the general counsel, two senators are all buy a two, that's kind of a stronger signal. Right? So we go through that kind of stuff. But look, I've been tracking these traces 2017. We've been doing, recommending these stocks to our members all tracked for the last six and a half years. We've never had a losing year doing this. And some of our picks have gone up over 19 hundred percent. I mean, just that one I gave away, we did the event in January, you know, we gave it for free. Everybody signed up, I think, quadrupled in like four months. So yeah, sign up. It's free. I think it's going to be really eye-opening. And as always, we are giving away all the research on our newest pick to everyone who registers for that event. Yeah. I mean, just registering for it is a super win, guys. Be sure to register for a click on the link below. Even if you just can attend the free training event, this is what Ross does this every event. He'll still send out to you all the research he's done on his newest insider stock. So trust me, you do not want to miss this. Ross's live training events are amazing. You should see the feedback we get on them every time he does them. So write it down. It's Thursday, June 27th, 3 p.m. Eastern, completely free. It's online. So you don't need to travel. Anyone can come, right? Right. I mean, you don't have to have any like financial experience. No, no, no, and the vast majority of our members have never traded stocks before. So it's really simple off. The only catch to it all is I'm not a big, big shot on YouTube like Dr. Steve here. So the streaming service we use, the software, we are capped at a thousand attendees. And right, I've seen it actually a lot of the time they fill up and it's just when a thousand people come in, it just goes, hey, it won't let anybody in the room. So I just encourage people, register early, be sure you get your spot and there's nothing to it. You usually put a link down below. It's like name, email. I'm going to put your cell number in there. We'll shoot you a text reminder right before we get started. And you'll get all the details on our latest stock picks. So even if you can't come, I'd love to share that with you. Absolutely. And don't wake, these do fill up fast. Click on that link below. This is not something you're going to want to miss. If you've been with this channel for the last year or so, Ross has been on a number of times. He's the real deal. He's going to show you exactly how he takes his expertise on insider trading and he turns it into a positive showing patriots, how we can personally benefit using literally the same insider trading strategies these politicians use. But of course, without the corruption, right? So you don't want to miss this. Click on that link below. Sign up now. Don't wait to get these trainings fill up fast. I've seen that happen too many times. Click on that link below right now. And I look forward to seeing you, I'll be there as well on Thursday, the 27th at 3 PM Easter. Ross. Thank you, Steve. Great to see you as always, man. Yeah, you get me, you're an interesting mix of, you get me upset, nah, but then you always turn around and say, ah, but we're going to be corrupt. They're going to do this. The least I could do is a red blooded American show people how to say, all right, fine. I'm going to follow your advice. I'm going to, I'm going to follow your trade. I'm going to even the playing field. So that, you know, that's what we do. You are the equalizer. There it is. I love it. Thanks, Ross. It's awesome to chat with you. You too. Take care. Thanks so much for listening to this episode of the Turley Talks podcast. Don't forget to subscribe, leave us a five star review and share this episode with your friends. Help us defeat the fake news media and rank us the number one news and commentary podcast all over the world, come back again tomorrow for another episode celebrating the rise of a new conservative age. [music] of the world. (upbeat music)