Latest / The Mark Simone Show / Mark interviews Fox Business analyst Charles Payne.

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Mark interviews Fox Business analyst Charles Payne. · The Mark Simone Show

• 0:00
  Speaker 1: Mark the moans on wor Well, we're looking for Charles Pain.
• 0:09
  Speaker 1: He'll turn up, the great Charles Pain from Fox Business.
• 0:13
  Speaker 1: We'll see if we can find him. And a lot
• 0:16
  Speaker 1: of people going after Mom Donnie like crazy. And he
• 0:18
  Speaker 1: had that horrible anti Semitic attack on the subway, I
• 0:22
  Speaker 1: mean really ugly, like a maniac, screaming by Jews are
• 0:25
  Speaker 1: eating our kids, and then really seriously attacked a woman.
• 0:30
  Speaker 1: It was really awful. There was video of it that
• 0:33
  Speaker 1: went viral. It's all over the place, but the mayor silence, nothing, nothing,
• 0:41
  Speaker 1: no leadership. Normally an attack like that that was all
• 0:43
  Speaker 1: over the news, and when so viral, a mayor would
• 0:46
  Speaker 1: be going crazy talking about it, trying to show some leadership. Oh,
• 0:51
  Speaker 1: we found the great Charles Pain. Now you got to
• 0:53
  Speaker 1: watch him every day. The show is called Making Money.
• 0:56
  Speaker 1: You will make a lot of money if you watch this. Also,
• 0:59
  Speaker 1: get Charles Payne's books, very important to get his books
• 1:04
  Speaker 1: and make sure you follow him on Twitter and all
• 1:07
  Speaker 1: of that. And he's with us now. Charles Payne, how
• 1:09
  Speaker 1: you doing?
• 1:10
  Speaker 2: I am doing great man, How are you?
• 1:13
  Speaker 1: I'm good? Which is the latest book? Make the latest.
• 1:16
  Speaker 2: Book, Unbreakable? Unbreakable investor and I just finished another book
• 1:23
  Speaker 2: and hopefully I can come on in a month and
• 1:25
  Speaker 2: talk to you about it.
• 1:26
  Speaker 1: You can come on every month and talk We love
• 1:30
  Speaker 1: and uh people, do you still do the newsletter every day?
• 1:33
  Speaker 1: That was great?
• 1:34
  Speaker 2: Absolutely? I did the market commentary every day at w
• 1:37
  Speaker 2: street dot com.
• 1:38
  Speaker 1: Yeah, I know, people make a lot of money. Just
• 1:40
  Speaker 1: subscribe w Street dot com. Uh, it's great. Hey, everybody's
• 1:45
  Speaker 1: talking about this SpaceX ipo. They're all, you know, ginned
• 1:48
  Speaker 1: up about what. I got to get in on this.
• 1:50
  Speaker 1: What's the real deal?
• 1:54
  Speaker 2: Mark? You're going in and out a little bit?
• 1:56
  Speaker 1: Oh, I said, can you hear me now? The space
• 1:58
  Speaker 1: x I can SpaceX ipo. Everybody's all getting all crazed
• 2:01
  Speaker 1: over it. I got to get in on that. What's
• 2:03
  Speaker 1: the real deal?
• 2:05
  Speaker 2: Well, on one hand, it is. It is something we've
• 2:08
  Speaker 2: never seen before. You know, this company is going to
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  Speaker 2: go public family near two trillion dollar valuation as soon
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  Speaker 2: as they started training. It might end up with a
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  Speaker 2: three trillion dollar valuation. It's a homegrown industry out of
• 2:22
  Speaker 2: something that almost the ashes. Right, we've kind of given
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  Speaker 2: up on the whole space thing, NASA falling apart, and
• 2:28
  Speaker 2: then you have someone like Elon Musk who resurrects and
• 2:31
  Speaker 2: then of course it turns out that the space is
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  Speaker 2: our future. You know, I remember when President Trump was
• 2:38
  Speaker 2: in office the first term, he said We're going to
• 2:40
  Speaker 2: have a space force, and everyone laughed at him. Now
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  Speaker 2: it's vital because everything we have is in the so
• 2:45
  Speaker 2: called clouds. But now it's even more vital because there's
• 2:48
  Speaker 2: so many things we can do in space and orbit
• 2:50
  Speaker 2: and ultimately even the moon. So it's amazing from that
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  Speaker 2: point of view.
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  Speaker 1: The only real for.
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  Speaker 2: Me controversy is how much do you pay for it? Now?
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  Speaker 2: You know what I mean. It's one of those things
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  Speaker 2: where it's an enormous undertaking. It's going to have all
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  Speaker 2: the hype. It's probably going to come out the gate
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  Speaker 2: like a rocket, no pun intended, or maybe a little
• 3:10
  Speaker 2: pun intended, And you know, I'm not going to chase it.
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  Speaker 2: But at some point I plan on owning SpaceX.
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  Speaker 1: But like when Elon Musk did Tessa, that stock had
• 3:21
  Speaker 1: its ups and downs, there was always times where you
• 3:24
  Speaker 1: could get in, you didn't have to get out at
• 3:25
  Speaker 1: the beginning. And where is the revenue come from SpaceX?
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  Speaker 2: It's going to come from three areas, right, now it's
• 3:33
  Speaker 2: coming from Starlink. Yeah, and that has enormous outside potential
• 3:37
  Speaker 2: to rival. Like the major telephone companies around the world,
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  Speaker 2: they make money from the launches themselves, but that's going
• 3:46
  Speaker 2: to end up being the smallest part of the business ironically.
• 3:49
  Speaker 2: And AI data centers and orbit data centers on the
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  Speaker 2: moon AI transmissions. So they say that the total what
• 3:59
  Speaker 2: they call total addressable market TAM is twenty eight point
• 4:03
  Speaker 2: five trillion dollars.
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  Speaker 1: Yeah, all right, Well, who am I to tell him?
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  Speaker 1: The guy's worth a couple one hundred billions.
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  Speaker 2: So no, no, no, he'll be a trillionaire in a week,
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  Speaker 2: what a week, a week from now when our company
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  Speaker 2: goes public, a week whenever they go public, he will
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  Speaker 2: be a trillionaire.
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  Speaker 1: So if he had a hole in his pants pocket
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  Speaker 1: and nine hundred billion fell out, it wouldn't make much
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  Speaker 1: of a difference.
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  Speaker 2: I'm taking every seat cushion he sits on. That's all
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  Speaker 2: I can tell you. That's my next gig, A trillionaire.
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  Speaker 1: So hey, with AI, obviously you need these data centers.
• 4:47
  Speaker 1: You got to have the data centers. But everywhere you look,
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  Speaker 1: there's a town banning data centers. There's a state that
• 4:52
  Speaker 1: wants to ban it. How's that fight going to work out?
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  Speaker 2: Oh my goodness, it is so crazy. Now we did.
• 4:58
  Speaker 2: And that was so crazy about this is we have
• 5:01
  Speaker 2: the same thing with natural gas and cracking and the
• 5:06
  Speaker 2: scare tactics in the documentaries. Someone turns on the faston
• 5:09
  Speaker 2: and fire comes out of it, and right now we're
• 5:12
  Speaker 2: energy independent, you know. And if it wasn't for that,
• 5:15
  Speaker 2: you know, people think gasoline is expensive at four bucks,
• 5:18
  Speaker 2: Try ten, try twelve. If we didn't have the fracking miracle.
• 5:22
  Speaker 2: And so it's just one of these weird scare tactics. Honestly,
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  Speaker 2: a lot of the money for it is coming from China.
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  Speaker 2: China's back in East Sauce. And when I look at
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  Speaker 2: Bernie Sanders put in through a bill, I'm like, well,
• 5:33
  Speaker 2: you know who's back in Bernie Sanders on this thing.
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  Speaker 2: China doesn't want us. We have a massive lead on
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  Speaker 2: them in Ai. China knows that this is their last
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  Speaker 2: chance to try to catch up with America. They've got
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  Speaker 2: amazing economic problems. They have a birth rate problem. They
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  Speaker 2: have real instability, really instability that you'll never hear about
• 5:50
  Speaker 2: in the news. They need to find a way to
• 5:53
  Speaker 2: catch us on this on ai and part of their
• 5:56
  Speaker 2: plan is sort of like Tokyo rose or any of
• 5:58
  Speaker 2: this stuff you know people ever used in the past
• 6:01
  Speaker 2: that you know, to harm us, the propaganda, I mean,
• 6:05
  Speaker 2: it's just and but folks are falling for it. They're
• 6:07
  Speaker 2: like the water well, you know what, Ammans use a
• 6:10
  Speaker 2: million times more water than data centers. Of courses use
• 6:13
  Speaker 2: a million times more water than data centers. Yeah, data
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  Speaker 2: centers use water. But all of that stuff is going
• 6:19
  Speaker 2: to be addressed. And the most important thing is that
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  Speaker 2: this is this is something that this is the part
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  Speaker 2: of the key part of the fourth Industrial Revolution. We
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  Speaker 2: must stay number one, that there's no other alternative than
• 6:32
  Speaker 2: us staying number one.
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  Speaker 1: Yeah, but a data center does use a tremendous amount
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  Speaker 1: of electricity, doesn't it.
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  Speaker 2: They use electricity. One of the things they're being forced
• 6:42
  Speaker 2: to do is, you know, to provide their own electricity.
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  Speaker 2: And here's the thing. Mark in five years, if you
• 6:48
  Speaker 2: live near a data center, your electric bill is going
• 6:50
  Speaker 2: to go down down because all ye, they all have
• 6:53
  Speaker 2: to have their own electricity, they have to have their
• 6:55
  Speaker 2: own power sources, and so like, you know, they cut
• 6:58
  Speaker 2: a deal like with for instance, three my Island. They're
• 7:01
  Speaker 2: firing three mile Island back up. Believing or not. They're
• 7:03
  Speaker 2: working on things called small modular reactors. Yeah, there's all
• 7:07
  Speaker 2: kinds of other things out there, but they'll generate enough
• 7:10
  Speaker 2: electricity to actually be able to donate to the local areas.
• 7:13
  Speaker 2: So five teen years from now, not only the jobs
• 7:16
  Speaker 2: in the prosperity associated with data centers, but I'm saying
• 7:19
  Speaker 2: you'll have a lower electric bill.
• 7:21
  Speaker 1: Wow. Yeah, they're working on these small, small nuclear reactors
• 7:25
  Speaker 1: and stuff like that. But they're perfectly safe, right, there's
• 7:28
  Speaker 1: nothing to worry about that.
• 7:30
  Speaker 2: Well, you know, I'm pretty sure they're perfectly safe. You know,
• 7:34
  Speaker 2: it's nothing as unfollowable, I guess, but I think they'll be.
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  Speaker 2: It's safe. Like it's sort of like thinking about when
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  Speaker 2: we first had airplanes, right, and as the airline industry
• 7:44
  Speaker 2: took off, and people like, well, what happens when they crash?
• 7:47
  Speaker 2: You know, God, you know, listen, God, We're lucky that
• 7:50
  Speaker 2: you know, and you know, thank thank goodness that you know.
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  Speaker 2: It's rare considering at this very moment how many planes
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  Speaker 2: are in the air, it's extraordinarily rare. And I don't
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  Speaker 2: think anything happens, But if anything does it would be
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  Speaker 2: really unique, really rare. Uh and and and you know,
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  Speaker 2: not enough to dissuade us from what we the benefits
• 8:09
  Speaker 2: that we get from this, including prosperity and security.
• 8:12
  Speaker 1: Well, hey, Charles Paint, you should watch them every day
• 8:15
  Speaker 1: Fox Business Network making money every day two o'clock. Great show. Uh. Well,
• 8:20
  Speaker 1: these states like New York and New Jersey, they keep
• 8:22
  Speaker 1: losing businesses. Did New Jersey just chase Samsung out of there? What?
• 8:27
  Speaker 1: How crazy can these people be?
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  Speaker 2: And it's nuts, Mark, I drive by that building every day,
• 8:33
  Speaker 2: and I drove by it today. This one loan car there.
• 8:35
  Speaker 2: I don't know if it broke down, they won't move it.
• 8:38
  Speaker 2: It's a beautiful building. It's a wonderful looking campus. It's
• 8:41
  Speaker 2: like it. By the way, Samsung is the hottest company
• 8:44
  Speaker 2: in the whole world right now, the hottest company in
• 8:46
  Speaker 2: the whole world. Real and uh yeah, yeah, Well they
• 8:49
  Speaker 2: make they make these memory chips for for the AI
• 8:53
  Speaker 2: that that just that there's such demand. I think that
• 8:56
  Speaker 2: stock is up like five thousand percent in the last year. Uh.
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  Speaker 2: It is the hottest company in the entire world. It's
• 9:03
  Speaker 2: so crazy. In Korea, they're going so nuts. You got
• 9:05
  Speaker 2: fifty million people. They've got one hundred million of brokerage accounts.
• 9:09
  Speaker 2: People are selling their life consurance policies. Everyone is just
• 9:13
  Speaker 2: like it's just an economic miracle for them, and so yeah,
• 9:17
  Speaker 2: for New Jersey, we're like, yeah, I get out of
• 9:19
  Speaker 2: here if we don't need you on eleven.
• 9:21
  Speaker 1: Hundred jobs up five percent? You got another one of
• 9:25
  Speaker 1: those stocks we can buy or we got to watch
• 9:28
  Speaker 1: the show to get it?
• 9:31
  Speaker 2: No, you cut out again.
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  Speaker 1: I'm sorry, Oh I was up five thousand percent. Do
• 9:35
  Speaker 1: you have another one of those kind of stocks that
• 9:37
  Speaker 1: we can buy?
• 9:38
  Speaker 2: Yeah, there's a lot. We've had our share with sand Disc, Micron.
• 9:41
  Speaker 2: We've had some stocks that it's just been are life changing,
• 9:44
  Speaker 2: that have been absolutely life changing.
• 9:46
  Speaker 1: Wow. Well, everybody watched Charles Payne making money. It's two
• 9:50
  Speaker 1: o'clock every weekday, Fox Business Network. Get his newsletter wstreet
• 9:55
  Speaker 1: dot com. You can make a lot of money with that.
• 9:57
  Speaker 1: Just go sign up at wstreet dot com. And the
• 10:00
  Speaker 1: latest book is Unstoppable Prosperity.
• 10:04
  Speaker 2: That's the that's the first one, an Unbreakable Investor. A
• 10:07
  Speaker 2: month from now come, I'm taking up on your offer
• 10:09
  Speaker 2: and I'm gonna unveil the next one. Because the next
• 10:11
  Speaker 2: book is focused on making a lot of money. Like before,
• 10:14
  Speaker 2: I was like, hey, let's beat the market.
• 10:16
  Speaker 1: Yeah.
• 10:16
  Speaker 2: Now, I really believe over the next three to five years,
• 10:19
  Speaker 2: maybe ten years, there are gonna be enough opportunities for
• 10:22
  Speaker 2: people to make certain kind of investments that can go
• 10:24
  Speaker 2: up one hundred percent to one thousand percent. Wow, this
• 10:27
  Speaker 2: is not an anomaly. But there's a way to do it.
• 10:30
  Speaker 1: Okay, right fast, because we want this book. We'll have
• 10:35
  Speaker 1: you back and we'll be watching today two o'clock Fox
• 10:38
  Speaker 1: Business Network. All right, Charles Payin, brilliant as always, Thanks
• 10:42
  Speaker 1: for being with us.
• 10:43
  Speaker 2: Thanks, buddy, I appreciate it.
• 10:44
  Speaker 1: All right, take care. Uh yeah, you can make a
• 10:47
  Speaker 1: lot of money watching this guy every day, real good stuff. Hey,
• 10:50
  Speaker 1: I don't forget at noon it's Buck and Clay. They
• 10:53
  Speaker 1: do a really good show every day from noon to three.
• 10:56
  Speaker 1: Then at three o'clock, you got the most listened to
• 10:58
  Speaker 1: radio show in America. Sawn Hannity got Jesse Kelly. At six,
• 11:04
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• 11:10
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• 11:13
  Speaker 1: not really Funny Show nine to midnight. I'm here ten
• 11:16
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• 11:18
  Speaker 1: the show live, remember you can always get the podcast
• 11:22
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• 11:24
  Speaker 1: get this show on the podcast and listen anytime. And
• 11:27
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• 11:31
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• 11:34
  Speaker 1: on the air, and you can get all of that
• 11:36
  Speaker 1: at seven ten wr dot com.