Wayne Root [00:00:10]:
People say, Wayne, things are bad. Your show makes it clear how bad they are. Disaster collapses upon us. How come you seem pretty happy? You smile a lot. And I say, because I always make money. And they go, how do you make money if things are that bad and the economy is collapsing for the middle class and the economy is collapsing on Main Street? I say, because there’s two americas. There’s Wall street and there’s main street. I make money on Wall street because my buddy Kip Perich, who’s always got to write my portfolio, models exactly what he tells you to do.

Wayne Root [00:00:46]:
And I’ve got his newsletter every morning for 21 going on 22 years. He’s amazing. Let me give you some stats about Kip Herridge’s website is vrainsider.com dot vrainsider.com is the economic expert on this show at all times. My only one I allow on this show since the birth of the bull market in October of 2022, which he called to the day, to the day of the turnaround. The average gain per position in his newsletter is 93.8%. 93.8%. Since the day he founded VRA, vertical research advisory newsletter in 2003, he has beaten the market 17 out of 20 years and generally beaten it really badly. Ladies and gentlemen, we bring on Kip herridge of vrainsider.com dot Kip.

Wayne Root [00:01:38]:
How are you?

Kip Herriage [00:01:39]:
Hey, Wayne. Thanks. Great to be back. Thanks as always for that nice intro. How are you doing today?

Wayne Root [00:01:45]:
So you live in the Houston area, and you’ve been living through kind of a disaster there with a category one hurricane, and you were without power for a couple of days. What’s going on in Houston?

Kip Herriage [00:01:57]:
Yeah, we had just bought a generator. It’s in the garage waiting to be installed. That’s not my, I don’t have that ability. Guy was coming next week to install it. Here comes Hurricane barrel, but we didn’t think anything about it. Category one, it really didn’t hit us all that hard. There was trees down, et cetera. But we lost, everyone lost power.

Kip Herriage [00:02:14]:
Almost 3 million people without power. Initially we got our power back after a couple of days, but now there’s still over a million people without power. Elderly, they can’t. This is serious. And the problem is Houston used to have great conservative leadership. It’s been Democrat for a decade now. We’re starting to see the wear and tear. Greg Abbott, who was essentially a Democrat, I’m sorry, but he’s a uniparty guy.

Kip Herriage [00:02:36]:
Rhino all the way. He’s not even in Texas. We need Ron DeSantis here the best governor in America. Let’s have Trump in the oval, and let’s have DeSantis move to Texas and be governor here. I’d be very happy.

Wayne Root [00:02:50]:
Well, I think DeSantis could be the treasury secretary of the United States, and that would make me pretty happy. I think he’d do a good job there. But make sense of all this for me. We have a president with dementia. No one knows who’s actually running the country, who’s in control. I believe it’s clearly Obama. But in any case, we’re on the verge of world war three. We got so many problems in our country.

Wayne Root [00:03:13]:
The border’s open. We have the most important election of our lifetime, and yet the markets keep going up, and you keep picking winners and showing people how to make a fortune. Your. Your picks are just straight up. How do you do it?

Kip Herriage [00:03:29]:
Thanks, Wayne. As you know, we go back a long time, a couple decades plus, and I’ve made, the bottom line is I’ve done this almost 40 years. I’ve made every mistake in the book, and I made most of them a couple or three times. And I learned from those mistakes. I was on Wall Street 15 years. I really learned from those mistakes. And the wrong way to invest. Bottom line is that I developed an investing system called the VRA investing system over three decades ago with my mentors that trained me how to be a proper investor, how to beat the markets, and that’s how we do it.

Kip Herriage [00:03:59]:
We rely on an investing system. We do sector analysis. We do individual stock research. So we’re always on the right side of the market. That’s number one. We’re trend followers. So you never want to fight the market. Don’t fight the tape, don’t fight the Fed.

Kip Herriage [00:04:13]:
We stay in our lane. We pick sectors that go up, we pick stocks that go up, and that’s how we’ve done it, essentially. And it’s really, frankly, not that complicated. But these money managers, 90% of all Wall street money managers, lose to the markets every single year. Most clients that you work with, the broker, simply have no way of knowing this. But you pay the price because you get caught up as somebody that’s just not very good at what they do. So that’s essentially what we do. You know, we’re very different, as you know, from, we’re not an investment firm.

Kip Herriage [00:04:45]:
We don’t take your money. We don’t invest it for you. We don’t have those conflicts of interest. As you said a minute ago, we write a daily newsletter. We tell you exactly what we’re doing with our money. We run a family office. We say we’re doing with our money how we’re investing it. And then you can invest it exactly the same way if you choose to.

Kip Herriage [00:05:02]:
That’s how we’ve done it. We’ve been very fortunate to beat the market 17 out of 20 years. This would be 18 out of 21 years after this year. And as you know, when we think this bull market’s got a very long ways to go, well, and you’re only.

Wayne Root [00:05:15]:
Telling part of the story because I know watching you for 21 plus years now, you make money on the way up and you make money on the way down. So you don’t just make money seeing the positive. If there is no positive, you can make people money when the market is plummeting, correct?

Kip Herriage [00:05:33]:
That’s right. It doesn’t matter to us if we’re in a bull market or a bear market. And that’s your original question was, how are we doing this with a president that has dementia? World War three almost about to happen. I mean, the fear and the risk out there are very real. So we take all that into account. But there’s also something called a wall of worry. And just when everybody is scared to death, that’s when you have to, you know, you have to invest. That’s when the markets have their biggest moves.

Kip Herriage [00:05:59]:
That’s what’s happening right now. But, yeah, we really, we’re agnostic if the markets are going down, we make money. We find investments that make money as the market goes down, because there’s always a bull market somewhere. But we prefer bull markets. They’re a lot more fun. And again, we think this is going to be one of those bull markets, especially when Trump wins in November. We think this market is going to scream higher for several years.

Wayne Root [00:06:21]:
So people at home sometimes don’t understand why I like you so much. You, you’ve hit for me the two biggest home runs in all of finance. And in my lifetime, I never knew a thing about gold. No one teaches you in school. No one teaches you at college, Columbia University, fancy Ivy League degree. And then I met you and you taught me about gold, and it was $300 an ounce when I met you. And I’ve written it up to $2,400 an ounce. Thank you, Kip peridge.

Wayne Root [00:06:47]:
And then I knew nothing about bitcoin or cryptocurrency, and I’ve written that one, and you recommended it at 2000. I was very negative, very cynical, a naysayer. It’s junk. It’s a tulips again. It’s a scam. I didn’t believe it. I thought it was horrible. People were suckers.

Wayne Root [00:07:06]:
And now I’m the biggest believer in the world. I believe in crypto the way I used to believe in gold, so now they’re even for me. I’m a gold crypto guy. I love them both. To me, bitcoin is the new high tech gold. It’s like gold that you watch online instead of gold you feel in your hand. And I’m a big believer. Guess who’s a big believer right now? Kip taught me.

Wayne Root [00:07:29]:
He’s a believer. And President Donald J. Trump is now being called the bit, the crypto president. He’s the first one who’s doing everything to help crypto investors. That’s why young people love Trump so much. They’re the ones who own the crypto. And Trump is the crypto president, speaking at the Bitcoin conference in Nashville at the end of this month. He now loves crypto and bitcoin.

Wayne Root [00:07:54]:
Trump’s my guy. He got it. I got it. Maybe I learned from you and he watched the show and learned from me.

Kip Herriage [00:08:02]:
Trump knows how to read a room. If he does one thing better than anything else, he knows how to read a room. And he picked up on this pretty quick. The cryptocurrency, specifically bitcoin and all the derivatives of it. This is an entire industry that really most people don’t know about. Tokenization, digitization of assets. This is the future. It’s financial engineering, and it’s the new world we live in.

Kip Herriage [00:08:23]:
And we explain this to our clients and to our members. But, yeah, Trump picked up on this. This is. He is the crypto president. Very smart guy to do that. And you look, the crypto story is a very basic story. It’s simply about supply and demand. They’re only going to make so much of it.

Kip Herriage [00:08:38]:
They’re only going to have 21 million coins. They’ve already mined 19.7 million coins, so they’re almost there. Every four years, they do a halving. It makes the mining more expensive, more costly, more. It takes more time to mine these coins. So there’s a natural supply demand story here that I believe is the best supply demand story of our times. And if you understand investing, there’s one thing you need to understand, supply and demand, because it dominates every investment. No matter real estate, doesn’t matter what you’re talking about.

Kip Herriage [00:09:08]:
It’s all supply and demand and crypto. Bitcoin is that story. We think bitcoin is going to 100,000 this year. Right now, it’s around 58, 59,000. And then within our two and a half year cycle high, our target is 250,000. So that’s what we’re, that’s, that’s how we, how we have our folks position. As you say, we’ve been buying since $2,000 a bitcoin, and eventually 1 million, right?

Wayne Root [00:09:33]:
Don’t you believe? Eventually, what’s 58,000 now will be 1 million in our lifetime.

Kip Herriage [00:09:38]:
Probably within a decade, it’d be a million. We’ll still be recommending, we’ll still be buying it then, because it’s only going to go higher. It won’t go lower over the long run. It will only go higher.

Wayne Root [00:09:48]:
All right, how about your service? Because my fans could get two free weeks and get your best selling book, the big Bribe, which helps you understand that there are two. America’s main street and Wall Street. Kip helps you make money on Wall street, even while the deep state and the Democrats and the rhinos are trying to destroy Main street and are doing a damn good job of it and killing the middle class. Wall street keeps going up, and Kip understands Wall street, and you can make a fortune. His free book, the big bribe. Two weeks free. All you do is go to tell them where to go.

Kip Herriage [00:10:22]:
Kip, go to vrainsider.com dot again. Vrainsider.com dot. What we realized again, Wayne, to go back a long time. Look, we know that most people right now are scared to death in the stock market. They don’t really know what to do. Maybe you’ve had a bad experience with a broker, or you signed up for a newsletter, didn’t perform. So Wayne came to us and said, look, here’s what you should do. Have a two free week offer.

Kip Herriage [00:10:44]:
Give people everything you have. Don’t charge them a penny. And then if they want to stick around, they will. And if they, if not, then all they have to do is cancel their account. So that’s what we did. We now have, all these years later, we have at least, I think, about 202 hundred plus clients that came to us because of our relationship with Wayne. It’s been fantastic. And everybody, again, this is a very tight community.

Kip Herriage [00:11:06]:
We got a great crowd here. We’re pretty much all red tilled. And the ones that aren’t, we’re converting them. But it’s a natural process. When you have Biden in the White House, it’s a natural process to become red pilled. And that’s another bullish, another reason to be bullish because that is happening in the US and globally. And again, we think that. I just, I’ve said it twice.

Kip Herriage [00:11:25]:
I’ll say one more time. We are in a long term structural bull market. There’s a lot of money we believe to be made here. This bull market has been powerful so far, but we’re only two years into it. We think we’ve got another five, six, seven years to go and the generational wealth will be created. Come and check us out and see what you think.

Wayne Root [00:11:45]:
Vrainsider.com automatically when you go there two weeks free, I always say go for two weeks and you’ll stay for a lifetime with Kip Herridge and Vra. Vrainsider.com dot Kip, thanks for coming on. God bless you, man.

Kip Herriage [00:12:00]:
Thank you. I appreciate it, brother.

Wayne Root [00:12:03]:
He has never guided me wrong. He has only guided me right. He is amazing. Crystal ball. Crystal ball. True dominance of Wall Street. Kip perids vrainsider.com I’m Wayne on the route. We’ll be back with all the rest of the big news stories, most of it involving will joe go or stay?