 Hey guys, how you doing? This is Rich from Rich2BeLive and I was just watching a video with Jim Cramer from Mad Money. I'm a big fan of Jim Cramer and on CNBC I'm a big fan of Jim Cramer actually kind of a fanboy. I've always been a fan of Jim Cramer and when I started this show a lot of it was because of Jim Cramer, so I owe a lot to Jim Cramer and amongst and as well as other people so I was listening to Jim Cramer and he believes that this market sell-off is an opportunity and he believes and kind of agree with him that this is just a pullback and a buying opportunity and That you'd be crazy not to be buying companies like MasterCard, which took a huge hit He's not suggesting he would put all his money to work But he's saying that you know it would make a lot of sense to put some of your money to work in a situation like this if you're sitting on cash Because he believes is a buying opportunity and he believes that there are opportunities out there like MRNA which I just did a video on and Gilead, GILD, which I've done I'm gonna do a video on and I've been talking about Which has a cure for potentially the coronavirus so MRNA CODX which also went up over a hundred percent today and I brought to you guys January 31st one of my top 10 stocks for February 2020 It was actually my 10th pick should have been my first pick CODX exploded today They've got a vaccine which is going to be used potentially for the coronavirus Gilead, GILD, they are working on a vaccine for the coronavirus MRNA is working with a vaccine for the coronavirus. So there is opportunities there and When companies are falling good companies like Apple like Tesla Like MasterCard have all been falling. This is actually a buying opportunity and I agree with Jim Cramer here I believe it's a buying opportunity. However This could get worse before it gets better. I Don't know when it's going to get better or if it will get better But I did predict and I've been talking about the coronavirus now for five weeks I did predict that it would hit a hundred countries. We're now in over 40 countries I did predict that we would have deaths in Canada and the United States. We don't yet and I hope I'm wrong but the reason why I predicted this was I couldn't understand why our Governments were bringing people in from the epicenter of the outbreak When we were safe without any cases where we were we were flying people from the epicenter of the outbreak So you have to understand that there's an opportunity there with coronavirus stocks which is why I talked to you guys about a bunch of coronavirus stocks and Some of them have done very well NVA X has done very well COD X has done very well and then VC has had some times where it's done very well. It's been up and down AEMD did well and then it got it had some problems with the SEC now They're trading again. So they've actually been down and I think that might be a buying opportunity there. So Jim Kramer believes that this is a buying opportunity and that There will be opportunities with companies that might be able to create a vaccine that could save this Pandemic from becoming bigger than what it is And I agree with him. There's an opportunity there However, this is a very volatile time for investors. So be very careful with your investing right now be Extremely careful Try to stay in a lot of cash. The markets are highly volatile and any amount in news good or bad Could swing the market in one way or the other So it's a very very difficult time to invest Gold's been doing very well, but even gold's been taking it the last couple days So be very weary because on days where they're saying, oh the coronavirus is going to be okay Corona virus stocks are gonna go down On days where the market has a lot of volatility gold's gonna go up on Days when the markets up gold could be down coronavirus stocks could be down. So there's all these Moves that are happening in the market that give us opportunity up and down to make money and We need to take advantage of the trends. The trend is our friend, but we also have to understand that this is a very unprecedented time Yes, Donald Trump is going to go live in What is he not live already? You should be live already. No, I know Trump is going to be going live to discuss Comments by the CDC the center of disease control Angels says should I start looking into inverse ETFs for short term? Yes Yes This is a very serious problem and it's spreading everywhere It's spreading in our communities now in canada. It's spreading in our communities in america It's spreading in our communities in iran. It's spreading in our communities. Obviously in china It's spreading in communities in korea. It's spreading in communities in japan It's spreading in communities in italy. It's spreading in communities all over the world Infinite possibility says this is the work worse the market has seen since 2008 Yeah in 2008 we weren't dealing with a pandemic that could take us all out This is a very serious problem And it's going to have very serious repercussions on the global economy Which I've been talking about for five weeks as a friday will be five weeks Since I started talking about the corona virus because I always like to bring everybody the news first At the beginning when I first started talking about this everybody said I was crazy Canadian guy says this will drag on I agree Because they don't have a solution yet They don't And there's some numbers coming out of china that are just frightening of what the real numbers are Andy marie says hey rich smash the like button Thank you. Andy. I appreciate you bro JT says my put options are finally looking very nice. Yeah I bet now's the time to buy puts because the market is Under a lot of selling pressure That's shorting that's people pulling money out Thinking that this is doomsday. There's people buying perishable foods And storing them in their homes creating bunkers You know, it's crazy time right now everybody's got their own opinion on this but It's definitely a serious situation and I don't think people are joking about it anymore I never joked about it since day one. I always thought it was real and I thought it was serious More labs for this guy. Yeah labs is at a really good price, but when are the cannabis stocks ever going to turn around? JT says I'm in my car watching rich in his car. Hey man Love it love it You know, I was watching kramer and I was like, you know what? Let me go live and tell people what kramer things because kramer has a pretty good insight on the markets And buffett said the same thing buffett said this is a buying opportunity. So I believe it is I believe it is the question is how low are we going to go? I think this is just getting started. So the market could clearly go lower If it wasn't for the coronavirus the market would be way higher right now So I always said when I was talking about the market meltup. I didn't know how the coronavirus would affect the market meltup It's clearly now affecting the market meltup It's clearly now affecting the market meltup Leo the landscaper says codx up 147 at one point today I caught 80% of it nice Good work Good work Thank you guys for joining. I just want to talk about kramer Um, I'm a big fan of kramer's. He's been hugely successful when I started my show. He inspired me with mad money. I'm not going to lie Um, I think rich tv live is kind of a cross between jim kramer And gary varner chuck gary varner chuck kind of gave me the idea of building a social media platform jim kramer gave me the idea of talking about stocks And joe rogan gave me the idea of kind of having a podcast like a show Where I could interview people so I kind of got all my inspiration from those three guys and obviously howard stern studied radio and television broadcasting in school and I always analyzed howard stern so That's kind of what is inspired rich tv live and I think we're a very unique platform because We can talk about anything and we do We do we talk about anything and everything so we have a very unique position where a lot of these platforms they're focused on a certain area of news And that's their focus whereas with us we can pretty much focus on whatever we want And I like that. I enjoy that. I think it gives us the ability to be first And it's funny when everyone now a month later is talking about coronavirus When I was talking about it five weeks ago and now they're talking about it in all of their headlines every day all day And five weeks ago I was talking about coronavirus and how I was going to change the world How I was going to grow to be a global epidemic global pandemic how I was going to grow to 100 countries and now it's in 40 countries And it's only getting worse exactly as I predicted so Now jim kramer is talking about the coronavirus a lot How it's affecting the markets a lot how it is slowing the markets globally How it's going to continuously affect the markets How there are companies out there that are not getting exposure to china So some companies will not be affected that much And that he believes that the markets will go back to being strong and that these are buying opportunities This is the thing when you have so many rich americans and rich people all over the world They can't sit on the sidelines forever Every time there's a dip They're gonna buy That's what they do. That's what rich people do They like to invest So If jim kramer who's managing hedge fund is saying that he's got money in the sidelines and he's gonna be buying the dip You know that a lot of the big boys are gonna buy the dip A lot of big boys are gonna buy the dip All right guys just wanted to share that video with you. I gotta run. I got a busy day a lot of things going on Stay tuned to rich to be live if you like this video smash the like button comment them below share the video everywhere I might come back later. Um, I would have loved to stream that that um Speech by trump, but i'm just busy. I can't you know single dad with kids different things going on all the time 24 7 so I got to run but Thank you for watching if you're not winning. You're not watching. It's your boy rich from rich to be live and i'm out. Peace Jim kramer man. Shout out to jim kramer mad money CNBC man I don't always agree with you jim, but you know what? I always respect you. It's true