In today’s episode, Kip breaks down the post Thanksgiving market action and shares insights into why November finished with such strength despite a few surprises from the indexes. You’ll hear Kip Herriage's bullish outlook for 2024, including his conviction that we're heading into a generational bull market driven by the so-called "innovation revolution," and his targets for the S&P 500 and Nasdaq for the year ahead.

Foreign don’t look back because the market is closed. Good Friday afternoon, everyone. Kip here with the daily VRA Investing podcast. Hope you had a great day today, half day of trading as it was, and hope your Thanksgiving is fantastic as well. I can tell you ours was. I ate way too much. But everybody we meet at my mother in law’s house every year and Cindy’s, Cindy’s mom, her dad passed away three years ago and you know, it’s a big, big gathering, great food and everyone there gorged. So I didn’t feel really guilty about it, but I went in with the full intention of gorging because I knew the food there was going to be exceptional.

My wife’s dressing is the, is her father’s dressing and I’m a dressing fan. There’s no better dressing than my wife’s. And I’m sure if any of you want her recipe for a great cornbread dressing, shoot me an email. I’ll have her share it with you. But again, with great desserts, just great food, great company and good football too. It was a fun day all around. But we come back here today and what we needed, we needed a good day today. We needed a good day today for November to finish positive.

[00:01:06]:
We’ll talk about that. We’re going to talk about 2026 today, which is an incredibly important year. Trump gets it, the markets get it. That’s why we’re going up now. And a lot of big things are happening next year. And again, if you know our targets, our we, we, you know, again, we were the, we’ve been the most bullish people in America. People in America. From the, Exactly.

From the October 13, 2022 bear market lows. We called the bottom that day. We’ve been aggressively long since then and we’re still the most bullish because our, our, we, we put it out there. We, we expect, expect that next year the SPF 100 will be up at least 30%. Nasdaq will be up at least 50%. We’ll look back on 2026 and recognize 2026 as the birth, as the birth of the innovation revolution mega bull market. Yeah, look, we people’s AI has already started some people calling it a bubble that just do not know what they’re talking about. There are no signs, there are zero signs of a bubble.

Nasdaq is up 100 what, 120% from the bear market lows. Again, Tyler talks about this often.comb market, which of course I worked through. Well, it was only at 580% right there. We haven’t had an IPO boom, we haven’t had a mergers and acquisition boom. We just haven’t had any, any of the signs that would say, you know, we’re at a dangerous top. We’re not. And we think next year is going to be sensational. I’ll come back to that more in just a moment.

[00:02:38]:
But again, November would have come back. We, we needed today. We got it. Good day today. Market higher across the board. NASDAQ finishing like a house on fire. The last 30 minutes is straight up finished up 151 points again pretty much across the board, up 6/10 of a percent for all the indexes today. And but of course our leader, the semis, most important index there is, most important sector there is for market timing up 1.35% today.

And again the semis have been on fire. We added, this is Monday, we added to the VR portfolio a leveraged ETF soxel three time leverage ETF of the semis. Right. We’re like 28% and that’s four days of trading because yesterday the markets are closed. Right. So four days of trading up 28% and, and we’re still buying. You know, this, the, the chart looks fantastic. We’ve got, we think we’ve got a really good run in front of us here.

But again, what, what a comeback we needed today. We got it. Here’s what Tyler, here are the details Tyler’s gave me. Only NASDAQ didn’t finish higher in the month of November. How remarkable is that? I, I would not. If you’d asked me a week and a half ago, did I think that the markets had a chance to finish higher on the month, I would have told you probably not. With a high degree of probability that would not happen. It happened.

[00:03:54]:
SPF 100 higher for the month. Dow Jones higher for the month. Small caps higher for the month. Again, only Nasdaq was not. We’re now back to right at 1 1/2% away from all time highs. That’s for Dow Jones S 500. Nasdaq is like 3% away from all time highs at this rate. That’s one or two days of trading.

So you know, I wrote this up this morning. I’ll go and cover it now. I think, I think we found a repeating pattern and I think it’s an important repeating pattern. We’ve had this happen now five times since 2018 where we haven’t gone into a bear market. Most people call that say SBF 100 down 20% from the highs, we haven’t had a, we haven’t had a bear market since the, we had 2022. That was a bad year. But from the 2018 drop where the average stock went down 55%, okay, we’ve had a number of these. This is now the fifth one we’ve had.

What’s different though about these is we’re not getting confirmed bear markets in our major indexes. Like in this last decline, this last shakeout, NASDAQ dropped 8%. Well, it was, it was a painful 8%, but 8% ain’t nothing, right? But the average stock fell more than 30%. That we all felt that. And it was painful. It was, it happened fast. Well, that’s the repeating pattern we’re seeing. Instead of multi month or year long plus bear markets that just grind you into the ground.

[00:05:20]:
Again, I’ve been through a number of these in my career and I don’t wish them with anybody. Okay. They’re horrible. Well, we’ve now had five of these multi week instead of multi month or year long shakeouts, multi week shakeouts that essentially, that basically accomplish the same thing, right? The, the major indexes don’t fall a lot, but the average stock gets crushed. And because we’ve changed as people and look, technology has changed everything basically. Communication now is instant. Everybody can access the same information. You can do it quickly.

That’s turned a lot of investors into traders. And the hard reality is that over my career I’ve said I think I may only know eight to 10 people that are successful day traders. I really, honestly, I don’t think it’s that high. Day trading is a very, very tough way to make a living. The people that I do know that have done it are either women. Women are much more disciplined. They play by a set of rules. They have a rules based trading system.

And those that actually are professional day traders where they’re trading for a quarter of a point, a half a point, and they get great discipline with stock put in place. They go home flat every night. They don’t even want to take the chance of something bad happen every night. They, that’s a classic day trader that’s happened. Really institutional side. Every, every firm on Wall street, you know, has a whole, you know, department of several hundred people that do this, right? And so, but that’s not the average person. And again, women are just a different breed of investors. And I’ve said this for a lot.

[00:06:55]:
I worked with a lot of very, very smart women that taught me some really important things. Primarily don’t let the short term counter trend impact your views on the primary trend bull market. And so but because we’ve gotten into this instant gratification, instant communication era with these declines that take place, you’re seeing these short term traders that are just getting flushed out. They’re, they’re not really investors. They’re probably having fun. They’ll, they’ll learn the hard way at some point. We all do, we all learn the hard way at some point. That’s just a very tough way to make a living, very hard way to grow your nest egg.

But a lot of folks haven’t learned that lesson yet. And because they’re short term in nature, they’re called weak hands. And so these shakeouts have led to significant buying opportunities. Again, the fifth one since 2018 that we’ve had. And I think we now have enough evidence to say this is a new repeating pattern. And repeating patterns of course are the basis of technical analysis and chart, you know, just recognition of something that repeats. Right. And so that’s what we’re going to be keeping an eye on.

Because if we start getting a big flush out in the semis and bitcoin, if those happen together, I believe we also have a high degree of confidence in saying that the market’s telling you something’s about to happen and it probably won’t be good. Now will that change, will that change our approach to investing? Yeah, honestly it will. And here’s how you know, if we see the leading, this is from this point going forward, if we see leading in leading market timing indicators, again bitcoin, there are others, those are the, those are one and two. Put them anywhere you want. We’re going to take a different approach here. We might have some tighter stops instead of our trading positions. Certainly for our ETS we have big gains. Maybe we’re going to look at taking those.

[00:08:44]:
So you know, we’ll work, we’re all work through this together. But right now the bottom line is this, let’s get, let’s get to what matters most right now. Shakeouts over November finished like a house on fire. We know that seasonality is highly bullish and the lows are in. I think we can say all of that with confidence here. And as I wrote this morning, you know, again, we started saying this, you know, on last Friday actually that the lows are in and it’s time for another melt up phase of the bull market. That that’s what’s, that’s what how we’re approaching this and that means that seasonality is Going to be great really for most of December again from here until December 7th. This is like parabolic mode.

This is the best stretch of the year for the markets. We’re in that right now and we’ll be in it through next week. After that we go through a plateau period for you short term traders certainly for our options account and parabolic options. This is something we’ll be paying attention to. We have great gains right now. We are not going to let those dissipate. We’re going to put stops in. Right, because seasonality, when it works, it really works.

And this has been not a great year overall for seasonality. But again when it works it really holds up. I have a feeling after the move we’re going to have in the next week and again we’re now getting, look what’s happening here. We’re going into December again, one of the best months of the year. It’s also new fund flows coming in. I mean I’ll be surprised if Monday is not a big update. Everybody’s going to go home, look at the portfolio go, God dang it, I raised too much cash. I got frayed.

[00:10:14]:
I got to get back in this market and so you get to see that. Plus of course you get, you know, companies, 401ks et cetera. Everybody is, is flooding into the market with retirement money. And so I think that next week is going to be a very good week. And then maybe we’re due for a little bit of a break. Well, you know, we do this daily with you and again, thank you all for listening. So we’ll, we’ll go through that together. I also want to cover this before I forget because I do want to come back to 2026.

By the way, the fear and greed index, remember it fell to four, right? That was one of our tells. Right. Last week ago Thursday. Fear greedy decks is only at 23 now again Tyler just keeps all track of all this stuff day to day. Fear, greed and is 23. That’s still extreme fear folks, even after this five day melt up we’ve had. How crazy is that? We last night we got the AAII investor sentiment survey back. There are still 8% more bears than bulls even with this kind of move.

Again, as a contrarian, it makes you lick your chops. It really does make you, makes you lick your chops to the upside potential here. Now look, we’ll get to the point probably in March or April, all right where because this next year is going to be one of those years, folks. I would think March, April, will get to extreme greed in Fear and greed. We’ll get to far more bulls and bears in AAI and all of the other sentiment surveys that we follow. Okay. The institutional ones, I frankly don’t find that interesting because most institutions have to stay fully invested. So, you know, I don’t trust these guys.

[00:11:45]:
I don’t know who these guys are. I tend not to trust people I don’t know. But again, we still include it in our signaling process. But it’s just not as important as the people we know that I’ve voted in fear, excuse me, in the AI Cinema Survey since 1988. 89. And yes, I vote bullish pretty much every week in a bull market. Why wouldn’t you? But we’re coming up on something here that’s interesting. We are going to be hearing a lot about this.

You probably already have about very rare dual breath thrust we talked about a little bit yesterday. It did not hit today. But again, we’ve got several days for this to kick in and we’ll keep you in the loop on this. But there are two primary breath thrusts that at least that I know about and there, I’m sure there are others as well, but these are the, the two biggies. The Zweig Breath Thrust, named after the great Marty Zweig and the Whaley Breath Thrust. And believe it or not, there, there are guys that track this almost exclusively. This is that important to them because when you get these signals, when you get a breath thrust buy signal, they are not day trading buy signals like, oh, tomorrow’s going to be good or the whole next week is going to be good. These are multi month buy signals where you’re looking at six months to a year predictions, predictive values for the market.

Okay. And so we may get not one, but both of these in the next few days, if that happens. Here’s what’s happened in the past. This is, this is pretty powerful when we’ve got both a Zweig Breadth rust and a Whaley Breadth thrust over the neck over the next year, the SPF 100 has been up on average 28.7%. Isn’t that interesting? Our, our target has been, you’ll know if you listen here, our target for next year for this 500 has been 30%. And now here comes this Whaley Breath thrust and Zweig Breath Thrust predicting essentially the same number. So I mean that would be, that would be a happy accident as far as I’m concerned. But again, for 2026, we are extraordinarily bullish.

[00:13:49]:
I, I believe that We’ve,  shortened our time frame for GDP growth to hit 5%. It’s not going to be by the end of the second quarter. It’s going to be by the end of the first quarter. And I think we have enough evidence building in that direction to make that claim. February, I would say February, February is going to be the month we first at 5% GDP growth. Because 2026 is going to be one of those years. I’ll repeat it. 2026 will be viewed at, in, in hindsight as the birth of the innovation revolution.

As far as the market’s point of view, I think if Nasdaq goes at 50% next year or more, I think that, that, that, I think that’d be a safe statement, don’t you? We don’t get those very often. I think we’re going to get a few of those over the next decade. This is not a short term again, this is a generational bull market. We’ve been saying this now for over three years. And you know, why would we change our two now? Obviously we’re not going to, we’re right, we’ve been right. And the evidence is just, it’s not that we like being right necessarily, but the evidence points to we are right. So here’s why 2026 is so important. Think about all this.

And then when I, when I explain this to you, ask yourself a question. Why aren’t more people talking about this? All right, to me, it’s just mind blowing. We know that Trump is addicted to watching the markets, especially when he’s president and the markets are going up. He talks about it all the time. The President knows what we’ve talked about here on this podcast a fair amount over the last month. The midterms of next year could hardly be more important if Republicans lose again. I almost said we, but I’m a lifelong independent and I plan to remain that way. But if Republicans lose the midterm for the House next year, we all know what’s going to happen.

[00:15:38]:
We’re going right back into impeachments. They’re going to do everything. The media will be non stop, 24, seven animal spirits that, that are now, you know, really building in this country, right? Because the strong economy, strong markets, animal spirits will, will completely disappear and everyone’s going to realize, wait, we thought we had something special. We couldn’t even win the midterms after having Trump back in office for two years. After all the pain and suffering that put him through. We couldn’t even win, we couldn’t even rally to win the midterms. How weak are we? It would be very depressing. And so we know Trump is hyper focused on this.

And here’s what we know is going to happen. The Trump economic miracle is beginning to kick in. But the guy’s only been office 10 months. It takes time to get rid of, to transition from the, the agony we have with, with Buy Sleepy Joe. Well, in addition to Trump’s second year, we’re going to get the one big beautiful bill. A lot of that begins to kick in that just wasn’t in the tax code this year. And so again, that’s still manufacturing coming back. As Trump likes to talk, what is it, $18 trillion have been committed to be invested in the U.S.

i mean, this is, we’re talking about a lot of, a lot of companies building a lot of manufacturing facilities. They, this is happening. We see it big time in the semiconductors. Right? And we see it everywhere. The jobs market is going to be very, very strong next year. And for those wondering, well, kid, does that ruin your whole rates are going lower story? No, it does not. Here’s why. If we get Kevin Hassett, another, another big, big reason to be bullish in the next year, if we get Kevin Hassett as the new Fed chair, and I wrote this up this morning, I don’t know, there could be a better pick than Kevin Hassett.

[00:17:29]:
This guy is completely, he’s all about free market capitalism. He’s a huge bitcoin guy. He believes that rate should be, it could come down much faster and deeper. He said this vocally now for some time. He’s big time pro growth. He’s very market friendly. And yeah, he does support Fed independence and I think the markets will like that. By the way, Trump supports Fed independence too, as long as they’re not a deep state Fed.

And that’s what we’ve had. We’ve had a complete Fed that’s been captured by the deep state. Matter of fact, they’re one of the leaders of the deep state. Right. My good friend Giovani Griffin, I mean, that was, he used to give, my favorite speech he gave was about the seven cartels of the planet that rule the world. And number one, you think maybe it’s military, maybe? No, it’s the banking cartel. It’s the Federal Reserve and the banking cartel. And so they run the world.

And, and again, they’ve been captured. That’s why the Fed has been such a strong political weapon against Republicans and Against conservative values. So if Hassick gets the job again, the odds right now prediction market shows a 55% favorite to get the job. Waller and Wash are at like 19 and 15%. That’s as of last night. I didn’t check them today, but they got to be really close again. The markets are going to love it and, and rates will come down. And here’s why, number one, the Fed chair is going to, is going to bully everyone essentially into hey, I’m the guy now, follow my lead.

[00:18:58]:
And again there are now four more, there’ll be four more Fed governors in play, voting members in place next year by the time Hassett or whoever takes the job thing is going to be Hasset though. And the reason that rates won’t go up in a really strong economy with GDP at 5% is the reason that I’ve repeated on this podcast and I’ve said publicly for at least two decades, economic growth does not cause inflation. Whoever the idiot is that came up with they, they, they tell us that so they can control the markets. They can control a president. Right? They can control the narrative. Economic growth does not cause inflation. Only one thing causes inflation. Money printing.

Now I’m talking about, you can say, well Kip, there’s some evidence that economic growth can cause prices. I’m not talking about the normal rise and fall of prices. I’m talking about what happened with Biden and Trump. Yes, with the pandemic and the, the 40, the, the run up to 41 year highs, inflation, all due to money printing. So no, a strong economy is not, does not mean rates must go higher. Matter of fact, with the innovation revolution, we see continued disinflation, maybe even deflation. Banks hate that word. But again, rates are going lower.

We’ll be looking next year again, assuming Hasset gets a job and things fall as we believe they will, we’ll be looking at a Fed, Fed funds rate. I’m sorry, 10 year yield. Let’s do them. 10 year yield. A 10 year yield down closer to 3 than 4. We’re just below 4 today. Actually it did close just about, just a bit above 4.01%. We’ll be very close to 3% on a 10 year by the end of next year with mortgage rates, 30 year mortgage rate well below 5%.

[00:20:51]:
You know, we’re, we’re what, just over 6% now? And so all of this could be great for the economy, obviously great for the markets. And this is why we believe you want to own investments that are highly interest rate sensitive as rates Fall. Those are technology semis, obviously. Housing, small caps. Huge beneficiary of. We’re in the best three months of how for small caps. Now, semis, as I mentioned, tech bitcoin. Another big beneficiary of lower rates.

We have another crypto recommendation there. We’ve not yet announced it publicly. We’ll probably do that next week. The more, the more I study this, the more I like it. I mean, we like this a lot, but they’re all very highly sensitive to lower rates. And those are the areas you really want to have exposure to, especially if HACC is going to be the guide. So, again, this is all happening again under the, the heading of 2026, but it doesn’t stop there. We also have our 250th anniversary next year.

I don’t know about you, but I’m pretty excited about this. I think you are, too. It’s going to be a huge birthday bash for America. Trump’s already got this planned. It’s going to be not just in D.C. it’s going to be on the, on the, the mall, the mall lawn there. It’s going to be all over the country. You have regional parties as well.

[00:22:08]:
We’re talking about parades, we’re talking about, obviously, fireworks. We’re going to have reenactments. I mean, this is happening all over the country. And if you know Trump, you know that Trump wants the economy and the markets rocking and rolling when next July comes around July 4th. Because why else is that important? Because by about that time, people will start making up their mind about who they’re going to vote for in the midterms. Trump. This is when I have to say Trump is definitely a 4D5 5G chess guy. There are times I, I don’t know what’s going on.

And I wonder why he makes decisions. I mean, like the, the jabs and the plandemic. I think I have a better understanding of that now. Why they’re still in the market, I got no clue. That’s a real problem. It’s gonna be a black eye for Trump forever, even, even, even past his time on planet Earth. Because it’s my opinion it’s unforgivable what’s happened there with the deaths taking place, continuing to, and being on the market. It’s just, it is from that point of view, it is unforgivable in my point of view.

[00:23:10]:
But when he’s really good and he’s best at business and economics, he plans things out really long term. We’ve seen this obviously, with his construction business. Right. So I think all of this happening into 2026 is going to be dynamite for the economy, dynamite for the stock market and hence our 30% and 50% targets. SB 500 NASDAQ for 2026. It’s going to be one of those years folks. And I think we’re, you know, if you’re with us here at the vra, we are really well positioned. You know, we’ll have many more opportunities next year to trade our ETF strategy.

That’s just, this has not been a great year for that. Well, that’s going to change. We’ll get these big moves to extremes and they’ll happen both directions. So we had a chance to really use that. We’ve got booked over 4,000% in gains in the last decade just from our ETF strategy alone. So if you’re not with us, come join us. VR insider.com Again vrainsider.com Love to have you with us. But that plus our growth stocks.

Have you seen what’s happening with the miners? I just got to talk about this. GDX today was up another 1.9%. Okay. GDX is the, the gold mining, that’s the miners. The number one sector this year for the market now up 100 and 142% for the year. Right. And you know, we happen to have a couple that are blowing that away. You know, we’ve got Vista gold which is 500 and something percent today.

[00:24:37]:
Snowline closed at another all time high today of 5% at 1128. I, I started buying the stock at $0.75. We recommended at 360. Okay. And again that’s my, that’s my process. I find a company I like, I take a small position because now my wallet’s in it, my heart’s in it. Right. And I’m tracking it.

It’s on my screen every day as a stock I own. Okay. And then if the research pans out, we either, if it doesn’t pan out, we just, I sell the position. But if it pans out, then we add it to the portfolio. And yeah, we always use the official price. We’ve never used my first buy price of $0.75 in Snowline as any kind of official price. Nor have we used my official price in Tesla which I started buying at 18 this year. Split adjusted, it’s always the official price.

Tesla is 174 and the snow line is 3.60. By the way, Tesla 430 today, I think that stock is really, really ready to go. On one of those epic runs. But these gold miners folks understand this is the, this is the beginning of this bull market. I know this group. I think it’s, I think I can say, safely say I know this group from a trading point of view and a macro point of view. I know this group about as well as anybody in the country. I don’t know the down and dirty particulars, all the financials, how to run a company.

[00:25:53]:
I couldn’t do any of that. But when it comes to having instincts and a trading system and an idea of how a specific group is going to trade, I think I’ve got that on this group and I’m telling you this is the beginning. We won’t be taking profits for a very long time. I don’t think either one of these companies is going to be sold. I really don’t. I think for at least three years. Even if Vista does a joint venture which is likely within, likely by the first quarter of next year, that’s what Fred Ernst has told us. I think that’s going to happen.

They’re going to stay involved. I really believe that. Even if they finance this thing, start to finance it themselves, I’m just kind of giving away some inside baseball here. That’s probably what Vista goal is going to do. They’re probably going to announce I, I, I, I, I, I. Fred has not told me this verbatim, but I know him well enough to read between the lines. I know they’re considering, they’re considering announcing that they’re going to fund the Mount Todd gold deposit and do it standalone by themselves. It’s a 5 million ounce gold concession which probably has 8 to 10 million ounces.

Everyone that’s looked at it said this is, this is much more extensive than just 5, just 5 million ounces. Right. But this has not been a great environment for these junior miners. It’s because yeah, gold may have just soared. Over $4,000 an ounce is a big game today. But these mining exec is just not the sharpest, they’re not the sharpest tools in the shed and they’ve been just beaten up for a decade. So it almost doesn’t feel real that goals at $4,000 now. So it’s going to take a little time for that to be proven.

[00:27:37]:
And so they’re, they’re sitting on their cash, they’re taking in their money. They love it. Love. They’re paying of course big dividends to themselves, big bonuses to themselves. I don’t really fault them. Again, it’s been a brutal Decade. But now with gold catching a second wind here above 4042.59 now that spot gold for December you’re going to see, you’re going to see these, these treasure chests that these miners have start to open up the big boys first. And you want to talk about a couple of companies that are ideal takeover candidates.

It’s no Line Gold and Vista Gold. These are junior miners that just that as, even, as much as they run, they must be owned here, they must be bought here. And so we’re continuing to buy these. These are, you know, 10 baggage which means we use monthly dollar cost averaging to add to our positions. It’s a strategy that’s worked so well for us in good markets and bad. But I think even, even with Vista and makes that announcement and again I think they will, it’s just going to get the, the big boys that much more hungrier because it’s one thing to announce it, it’s one thing to announce and start raising money to do that to fund your own development of this, of this gold play in, in Australia Northern Territory called the Mount Todd. It’s another thing altogether to be able to pull it off because they’re going to need to raise $400 million. Well the whole, the entire market cap for Vistago right now is 248 million.

So you can see, you can see the challenge. But what it’s going to do, it’s going to wake up the big boys, the mid tier and the senior producers going to wake them up. This company is serious unless we go in and make a deal and because they’re going to know everyone’s going to want to do that. John, I’m just telling you this is what I believe is going to happen. I believe at the end of the day VistaGold will not develop it on their own. I believe that they’ll, this will wind up being a joint venture where they keep a working interest maybe as much as 49%. That’s my vote anyway. Not that I get one but Fred knows where I stand on this.

[00:29:37]:
We own a lot. We’re, we’re the largest holder of the stock. Our, our subscribers are here in the country and we own a lot of this and, and for a good reason. It’s great, great play, great old school board. They do things the right way. They don’t overreact. They’re always, they have a business plan, they stick to it. Same thing for Snow Line of course.

I mean just what a wonderful team in Snowline we’re working with here. But Again, I think at the end of the day both of these companies will wind up in a joint venture where they’ll, they’ll maintain an interest but also all of the development cost will be paid by somebody else. That’s the kind of bull market we’re in. And this developing into. And so then these companies can take that money and go develop another play. I can tell you that, I can tell you that we, we happen to know for a fact that Scott Bertol has some other projects in mind. That’s, that’s Snowline. And I can tell you that Vista Gold and their management team would love nothing more than to give, have another, do another fist of gold.

Right. So again, I think the party’s just starting here. That’s the key point. And you know, there’s, there’s never anything wrong with, you know, selling half of your investment. When you, when it goes up 100%, you take all the risk out. All the risk capital is out. Now you’re working with house money. I would never fault anyone because anything can happen.

[00:31:01]:
We do that in our options. That’s our option Strategy. We up 100%. We still have to position so we can’t get, we can’t get hit house money now. Right. And I think it’s one of the smartest financial strategy you can use. I’m just telling you we’re not doing that here. We’re not doing with either one of these.

And of course the whole time we’re tracking others that in case one of these companies is sold, we know who to go to. The reason we don’t have more recommended. I get this question a lot. Well, I love these two, but why don’t you recommend. Why would we want to. We want you focused, we want you heavily invested in these two plays. That’s why we approach. These are, these are going to be grand slams, I believe.

Again, there’s never guarantee, but I look at these as grand slams that you’ll look back on and tell your grandkids about. Right. These are the kind of generational wealth building strategies that will take place in this particular bull market. It’s just, it’s just a phenomenal setup because they ain’t going to stop printing money. Look at into money. Supply continues to soar. US and global. You know, again, money, just so much money everywhere.

[00:32:05]:
Don’t buy into the media. That tells you America’s Americans are struggling. Second, America, I don’t, I don’t doubt that at all. Again, I come from that background. Okay. I come from the third America but the first America and certainly corporate America has never been stronger in history, ever, for any country, period. This is it, folks, right now. And that’s why stock prices will keep going up.

That’s why all these asset prices keep going up and that’s why they’ll continue to. And again, because of the debt levels, the money printer is just going to keep going. Burr. Right. And so it’s again, if you’re, if you’re a smart money investor and you invest in assets, this is there, there’s never been a better time to be an investor, in my opinion. Never been a better time to be, be an optimist either. And that’s, that’s how we’ve been approaching it and that’s how we’re going to keep approaching it. All right, let’s take a look on the hood today.

Again, very so again 2026, I think it’s gonna be barn burn every year. I think Trump investment are planning for exactly that because they know that’s how you win the midterms, right? People vote with their pocketbook. And so these Democrats are completely insane. The party’s just completely lost their way. And if they, if they can fix the rigged voting system, there’s no way Democrats win. I’d like to see more focus on that. I don’t know why there hasn’t been. But anyway, let’s move on.

[00:33:23]:
Internals are good today, 2 to 1. Fans decline for both NASDAQ and NYSE. Up volume today. NYSE was 80.7%. Very good day there. NASDAQ 68%. We also had 252 stocks at a new 50 week high. Just 48 hitting a new 52 week low.

Sectors 11, excuse me, 10 of 11 sectors finish high on the day. Really strong garlic strong here. Led to the upside by Energy up 1.3%. Consumer Discretionary up 9/10. Communicate Services again, a lot of strength in the market today. Healthcare was down, but only by a half of a percent. Not, I’m sorry, five tenths of 1%. So nothing to the downside really to speak of at all in our commodity watch today again, gold is gold’s catching fire.

Have you heard about Tether? This is something that I’m Tyler and I’ve been researching. Tyler’s been interested for a long time. This is an incredible story. It’s an incredible story it’s developing here. Tether is a stablecoin. That’s their cover story. That is what they’re using all the money, all the income as a stable coin because they’re investing that money in what? In T bills and treasuries that are thrown off massive amounts of cash flow. Right? They’re investing that money, guess what? In gold.

They’re investing that money in gold miners. They’re investing in other assets as well, but they’re investing in assets that will continue to rise as the money printer keeps going. Brrr. So, and they have a massive award chest, right? And so tether’s been outside of central banks and governments, the largest buyer of gold on the planet. This is a story a lot of people don’t know. Again, we’ll cover this in more detail next week with you. But there are just so many buyers of gold. It’s just, it’s a slam duff from here folks.

[00:35:15]:
Again our long term price target on Gold is 15,000 an ounce. We have now true price discovery is taking place. The days of manipulating gold lower. By the JP Morgan’s of the world. And all these criminal, criminal banking system those days are gone. At least they certainly appear to be. And again, I want to give a shout out to the amazing people at GATA Gold Antitrust Action Committee. I met them first 30 years ago at a conference in New Orleans and everybody’s like, you’re going to do what you’re going to, you’re going to sue, you’re going to sue J.P.

morgan, you’re going to sue Deutsche bank, you’re going to take them to court. And they said that’s exactly what we’re going to do. How are you going to do that? Well we’re gonna, we’re just gonna do it. We’re gonna work our ass off, do whatever it takes. And they did it. And they proved in court that J.P. morgan, under Jamie Dimon no less was found guilty of like 800. They was fined $800 million for this and yet nobody even remembers this today.

And they lost multiple suits. Bottom line though, that, that they, they, they, they, they caused the world to wake up and go dude, you can’t keep doing this. This is criminal activity. You’re lucky you’re still in a bank. So cut it out. And I think you know, by the way, the lows in gold took place one month after that 800 million dollar settlement. I think we have evidence here, you know, prima facie evidence that, that when gold was busted by Gadda. Excuse me, when JP Morgan was busted by Gata, that it put an end at least to the vast majority of this manipulation of gold and silver lower.

[00:36:49]:
So again, gold has got a, it’s got no ceiling here. Folks, up 1.3% today at 54 bucks an ounce at 4257. Silver today. We’ve been telling you silver’s going to 100. All right. It’s 5645 all time high today, up 5.7%. Excuse me, 6.6% today. Apologies at 56.41.

Now last trade, copper up one and a half percent, 527 a pound. Crude oil today up 40 cents a barrel at what is this, 5904 announced. And finally today, bitcoin again, good recovery from What? Just below 80,000, 90,800 last trade. And again there. There’s never been a better supply demand story than bitcoin. They’ve already mined 95% of all Bitcoin that will ever be in existence. Don’t worry about bitcoin. You just want to keep buying it.

Folks, thank you for listening as always. Hope you have a great weekend. We’ll see. Back here again Monday after the close.