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It can go back
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I've got to be honest with you. When the September 11th situation happened, and I must...

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Carlton Brown: I've got to be honest with you. When the September 11th situation happened, and I must say, and I wanna say this because I don't want to take it lightly. It's not a light situation. It was a devastating act. It was really a bad thing. It was one of the worst things I've seen in my lifetime, you know. But, I will tell you and every trade will tell you, who was not in that building and who was buying gold and who owned gold and silver, that when it happened, the first thing you thought about was, "well, how much is gold up?" The first thing that came to mind was, "my God, gold must be exploding". Fortunately, for us, all our clients were in gold. So when it went up they all doubled their money. Everybody doubled their money. It was a blessing in disguise. Devastating, crushing, heart shattering, but on the financial sense, for my clients that were in the market, they all made money. Now, I wasn't looking for this type of help, but it happened. When the USA bombed Iraq back in 1991 the price of oil went from $13 to £40 a barrel, for cying out loud! Now, we couldn't wait for the bombs to start raining down on Saddam Hussein. We were all excited. We wanted Saddam to really create problems. "Do whatever you have to do, set fire to some more oil wells, because the price is going to go higher." Every broker was chanting that. There was not a broker that I know of that wasn't excited about that. This was a disaster. This was something that was, you know, catastrophe happening. Bombing. Wars. In devastation there is opportunity.


Transcript

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it can go back
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One day you see Bambi
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next day you see Godzilla
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How do you define socially responsible
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What business is it of the corporation to decide
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what s socially responsible
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That isn t their expertise
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that isn t what their stockholders ask them to do
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So I think they re going out of their range
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and its certainly is not democratic
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I don t really care
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what the chairman of General Motors thinks
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is an appropriate level of emissions

Clip duration: 34 seconds
Views: 102
Timestamp in movie: 02h 01m 22s
Uploaded: 01 April, 2022
Genres: documentary, history
Summary: Documentary that looks at the concept of the corporation throughout recent history up to its present-day dominance.


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