RUSH TRANSCRIPT This hour ░░░░░░░░ it has been such ░░░░░░░░ winner over the past ░░░░░░░░ of months Let s ░░░░░░░░ at the gush etf ░░░░░░░░ it is down at ░░░░░░░░ hour by significant amount ░░░░░░░░ 7 for gush its ░░░░░░░░ pay dirt over the ░░░░░░░░ 52 weeks Gush has ░░░░░░░░ an incredible 52 week ░░░░░░░░ here up 160 clearly ░░░░░░░░ who got in a ░░░░░░░░ ago have done very ░░░░░░░░ our countdown closer whose ░░░░░░░░ Bob at the moment ░░░░░░░░ there s more energy ░░░░░░░░ be had George sea ░░░░░░░░ chairman of annandale capital ░░░░░░░░ us some names I ░░░░░░░░ stunned to see year ░░░░░░░░ date nat gas is ░░░░░░░░ with hundred but you ░░░░░░░░ telling me the equities ░░░░░░░░ of this is an ░░░░░░░░ as well Liz Larry ░░░░░░░░ think it is about ░░░░░░░░ fourth inning third fourth ░░░░░░░░ inning it has further ░░░░░░░░ go The market is ░░░░░░░░ capturing yet the amazing ░░░░░░░░ cash flow yields these ░░░░░░░░ will generate We heard ░░░░░░░░ the Obama years how ░░░░░░░░ gas is the bridge ░░░░░░░░ That is understating it ░░░░░░░░ is the we re ░░░░░░░░ that with the price ░░░░░░░░ in Europe power outages ░░░░░░░░ the U S we ░░░░░░░░ need more not less ░░░░░░░░ long as they are ░░░░░░░░ how much new supply ░░░░░░░░ put on the market ░░░░░░░░ bull run in natural ░░░░░░░░ has a ways to ░░░░░░░░ Liz give me names ░░░░░░░░ re right about Europe ░░░░░░░░ is situation developing nat ░░░░░░░░ shortages translating to heating ░░░░░░░░ shortages heading into winter ░░░░░░░░ would mention xterra resources ░░░░░░░░ has a heavy liquid ░░░░░░░░ resources higher than natural ░░░░░░░░ Ept highest player in ░░░░░░░░ appalachian basin If they ░░░░░░░░ to sand ridge ant ░░░░░░░░ chesapeake which have high ░░░░░░░░ to natural gas prices ░░░░░░░░ is early trade I ░░░░░░░░ it is northern correlated ░░░░░░░░ to hedge against inflation ░░░░░░░░ fang stocks This is ░░░░░░░░ overprize overpriced Bob doll ░░░░░░░░ the U S best ░░░░░░░░ for investors right now ░░░░░░░░ if not which is ░░░░░░░░ second best tell us ░░░░░░░░ else looks good on ░░░░░░░░ globe U S is ░░░░░░░░ a transition period maybe ░░░░░░░░ crack is part of ░░░░░░░░ where we re recognizing ░░░░░░░░ growth will pick up ░░░░░░░░ places Europe for example ░░░░░░░░ stokes are a lot ░░░░░░░░ than the U S ░░░░░░░░ are good reasons structurally ░░░░░░░░ that is the case ░░░░░░░░ if European growth picks ░░░░░░░░ even as our growth ░░░░░░░░ slowing we witness some ░░░░░░░░ in the dollar versus ░░░░░░░░ euro that s a ░░░░░░░░ for investors after spending ░░░░░░░░ last decade ignoring everything ░░░░░░░░ of the U S ░░░░░░░░ they re going to ░░░░░░░░ names outside of the ░░░░░░░░ S I think this ░░░░░░░░ a transition period Liz ░░░░░░░░ 1 2 minutes to ░░░░░░░░ and George we Bob ░░░░░░░░ mentioned autos Ford is ░░░░░░░░ a very difficult day ░░░░░░░░ Motors too but ones ░░░░░░░░ China li and nio ░░░░░░░░ struggling as well How ░░░░░░░░ you figure this if ░░░░░░░░ world is transitioning to ░░░░░░░░ vehicles in the next ░░░░░░░░ You have to have ░░░░░░░░ gas powered battery plants ░░░░░░░░ power the EV vehicles ░░░░░░░░ don t think there ░░░░░░░░ any way to lose ░░░░░░░░ that You have to ░░░░░░░░ it around the world ░░░░░░░░ 10 20 years as ░░░░░░░░ minimum I would echo ░░░░░░░░ Bob said I would ░░░░░░░░ to emerging markets They ░░░░░░░░ be the last to ░░░░░░░░ the most explosive to ░░░░░░░░ f you re looking ░░░░░░░░ exposure outside of the ░░░░░░░░ S that is great ░░░░░░░░ to get out the ░░░░░░░░ pole to go fishing ░░░░░░░░ like if we re ░░░░░░░░ fishing we landed a ░░░░░░░░ Bob doll 500 points ░░░░░░░░ because we re off ░░░░░░░░ points from the low ░░░░░░░░ the session What are ░░░░░░░░ doing tomorrow What ask ░░░░░░░░ advice to the investor ░░░░░░░░ wakes up before the ░░░░░░░░ I want to look ░░░░░░░░ the relative performance What ░░░░░░░░ up the best what ░░░░░░░░ hit the worst I ░░░░░░░░ told there has been ░░░░░░░░ lot of orderliness in ░░░░░░░░ market down roughly 1000 ░░░░░░░░ You hope there is ░░░░░░░░ There hasn t been ░░░░░░░░ I m not convinced ░░░░░░░░ ll come back to ░░░░░░░░ some of the lows ░░░░░░░░ today Liz Bob doll ░░░░░░░░ Seay great