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VRA Investing Podcast: All-Time Highs, Semis, Precious Metals, and Political Forecasts – Kip Herriage – May 28, 2024

In today's episode, Kip Herriage dives into the current market dynamics including his bullish outlook for gold, projecting it to surpass $3,000 per ounce this year, and emphasizes the importance of diversifying your portfolio with ...

Posted On May 28, 2024Episode 1392
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About This Episode

In today's episode, Kip Herriage dives into the current market dynamics including his bullish outlook for gold, projecting it to surpass $3,000 per ounce this year, and emphasizes the importance of diversifying your portfolio with both bitcoin and precious metals. In a thought-provoking segment, Kip also shares his theory on the upcoming election. Tune into today's VRA Investing Podcast to learn more.

Transcript

Don’t look back because the market is closed. Good Tuesday afternoon, everyone. Kip Herriage here with the VRA investing podcast. Hope you had a good day today. Hope your memorial day weekend was great as well. And again to all, we have a lot of veterans here in the VRA, and it’s such an important day that we just remembered yesterday for all those, our heroes that made the ultimate sacrifice for our country. Thank you to them and to all the family members and all our military here. You know, we get so wrapped up in our daily lives and what we’re doing and trying to live up to Joneses and get that, get that, get ours, you know, and I mean, that is part of our job is to beat the markets.

And it’s easy to get wrapped up in that. But none of that would even be possible if it weren’t for a lot of very young, brave men that risk and gave everything so that we could have this opportunity to live the life that we live. So again, with very heavy heart, say thank you to those that did make the ultimate sacrifice. Okay, let’s get to the markets here. A lot to talk about. Wrote this up this morning in our very letter in our focus group. Again, the semis on fire again today. Okay.

[00:01:26]:
The miners and precious metals on fire again today. And talk about what that means because it does mean something. Again, this is an inflation driven bull market. Now, yes, we have disinflation because inflation is coming down, but does anyone believe that we’re going to go back to a period where we have a very small amount of inflation? With the amount of money they’re printing, what are we, every hundred days we’re adding a trillion dollars to our debt. So I am not a, I’m not a fear monger when it comes to that, only because I think that we have, this sounds, this almost sounds like blasphemy, I know to a lot of people we have a lot of room to add debt. We just do, certainly compared to some of our competition overseas. So it’s a problem, though, and it’s going to be a problem at some point. We just believe that we’re in an inflationary driven environment where you have to invest in inflation driven, driven assets.

[00:02:24]:
And that’s been our, that’s really been our game plan. And it’s one of the reasons we’ve been able to beat the markets and stay positioned as we are. So we’ll talk about that a little bit. I want to say, I guess some bitcoin information for you. Nasdaq Today, all time high hitting 17,001st time ever last week, Dow Jones hitting 40,000 for the first time on our way to our targets of Dow Jones, 100,000 in this bull market, Nasdaq 40,000. So we’re headed that direction. Got a long way to go. We have made a decision to be more proactive in the VRA portfolio.

We’re going to be taking some action, it looks like this week. Again, that’s for our VRA subscribers here. You’ll see that explained a little more detail into tomorrow morning’s letter. I’ll probably cover that just a little bit with the semis because we are reaching extreme overbought levels that get our attention. You may have also seen the news today that France, France has now given Ukraine permission to use their french missiles that have the ability to extend into russian territory, onto russian sovereign soil. That’s a, that’s something even Biden hasn’t been, been willing to do. That’s the kind of thing, you see that and it just can’t help but get your attention. So we also wrote this morning, Tyler’s been talking about this in his podcast, the Trannies.

[00:03:44]:
The transports have not been trading well. They’re now very near to breaking down to breaking their April melos, which would then mean that we have a vacuum. The transports could fall quite a bit more. Not a prediction. We’re not trying to anticipate that happening. I actually don’t expect it to happen because they are also getting oversold. It could be a great buying opportunity. But again, these are the things that pop up for us on the VRA investing system because the transports are an important part of our VRA investing system.

Speaking of that, we still sit, as of today at eleven out of 20. Apologies from a voice today, long weekend, maybe a little touch of a summer, head cold. Feel great though. Just apologies for the voice if it’s annoying, you know, the VR investors since that eleven to twelve screens bullish, that is an all time high. We’ve never been at twelve of twelve bullish in the history of the VR investing system, and we’ve been at eleven to twelve now for some time. But again, if the transports break down, that’s going to change. So what would that mean? We go to ten out of twelve screens bullish. So you see what I’m saying? That’s still pretty much back at the truck territory.

[00:05:04]:
But again, these are the kind of conversations we like to have with our subscribers and our clients to let you know what’s happening here. So if we do announce we’re selling some positions, taking some profits. We don’t like to come out of left field and just shock people with a sell. And we try to set that up. And that is we’re going to be, as we said, this is now a time to start being more proactive. We have great gains. As my mentor Ted Parsons, used to say, you never go broke taking profits, and he’s exactly right there. And there is a time to have more cash than you, even though I think cash is trash, because, again, it’s being printed away.

This is not the environment where you want to be holding a lot of cash. But in short term, if you’re just taking profits and waiting maybe for an overbought market to cool down and to reallocate those funds, that’s a different story. That’s when cash is valuable. And as you’ve heard me say many times, I don’t really keep savings in cash. I’m a gold and silver guy. And so I think that’s always a great option if you’re raising cash. And this is something we’ve done, as we wrote in the big bribe, and just had a conversation with a very, very cool gentleman last week who’s probably listening today. He listens to every podcast.

[00:06:25]:
He said, you know what? I love that. I love that part. In the big bribe, you say you take 10% of your profits every year from the stock market and roll those profits back into gold and silver. That’s a smart money strategy. I know a lot of people are doing that. That’s something we do here, so we’ll talk about all this. Also, I’m going to tell you at the very end, and this is different. I have avoided talking about politics for some time now, and that changes today.

Not something I’m going to do every day. But I’ve got an important subject that Tyler and I have been talking about. I’ve kind of hinted at it on this podcast. I actually talked to our good friend Wayne allen root about this. Wayne does not disagree with what you’re going to hear me talk about. Of course, Wayne, you won’t find a bigger Trump guy than Wayne, but Wayne’s also a realist. He was really the only guy, he’s been the only guy that I would say is a close confidant of Trump, and that is Wayne. Wayne and Trump are very close friends.

[00:07:29]:
Wayne’s the only guy that you could say is in Trump’s corner 24/7 all the way, right? That’s also had the courage and the balls to ask Trump about these, about these about the planet and about the jabs. And he’s done it on multiple interviews, and no one else has done that. No one else has tried to get Trump to explain his position on this, but Wayne has. So at the very end of this podcast, if that’s not your cup of tea, I’m going to spend a few minutes talking about this. It’s an important subject. We’re six months away, less than six months away, and the markets are a discounting mechanism. So I said this in my interview last week with Wayne on Real America’s Voice. The markets are going up and we’re six months away.

What does that tell us? I’ll give you a little teaser. I’m going to tell you why I believe that Trump is going to win and why I think he’s going to win. And it probably will have, will not at all be the reason that you think. But I think all these puzzle pieces add up to what I’m explaining to you at the end of this podcast. Let’s get to it. First of all, Marcus today bifurcated the best way to say it. Dow Jones today down 216 points. That’s a half percent.

[00:08:47]:
It was really by itself, okay? Because this s 500 was up today, only a point, but it was higher. Rust 2000 today was down one 10th, 1%. So no damage done there except for the Dow, which, by the way, is now hitting oversold levels. Remember, the Dow just hit 40,000 last week. Was it Wednesday? And now on the very investing system, the Dow Jones is already hitting oversold levels. This is the sector rotation that Tyler has been walking me through. And I think this has been, this is Tyler. Tyler saw this before I did.

And he said, spot on about this. This is another kind of a textbook bull market event where instead of having a big, you know, a big correction where everything goes down, you have like a rolling sector rotation. And like the Dow Jones, like, as I just said, you know, we just hit 40,000. Well, we’re now, now we’re back to 38,800. And that just happened in, what, three, three, three and a half days. So just after Mike Wilson actually started last Monday, when Mike Wilson, the chief market strategist at Morgan Stanley, capitulated after being bearish for the entirety of this bull market, he capitulated last Monday, and the Dow now has lost, what, 1200 points from when he capitulated. So that’s interesting. Right? But anyway, the winner today, and again, this is the good stuff.

[00:10:15]:
Okay? Wrote this up this morning. This is, so this is one of the most remarkable things in my career is watching what’s happening and what continues to happen with the semiconductors and tech as well. But I’m specifically talking about semiconductors, by the way, Nasdaq today up almost 100 points, 99 points. Nice day for Nasdaq again. With the Dow down today and the semis today, just again, a house on fire SMH, the semi ETF today was up 2.4%. It just won’t stop. And I shared this chart this morning. I also put it on Twitter because you have to kind of see it.

But we’re big fans. I’m a very big fan of relative stream charts. They tell the story that almost nothing else can tell. And it’s a chart where you compare one thing to another. And what I love to compare is I focused on this morning, our letter were these two charts. First, the semiconductors SMH to the S and P 500. That’s important because we have our leading sector, right, the semis, which have been, again, house on fire. Nvidia, of course, big part of that.

[00:11:24]:
But not, but it’s not, not just Nvidia, semis period have been hot, right? Everyone knows this. But when you compare the semiconductors in a relative string chart to the largest and most important global equity index, which is the S and P 500, that gives you a pure look at how the semis are doing to the most important and largest equity index on the planet, and that’s the SBF 100. And you see this chart that I shared this morning, and I focused on it a fair amount, but this morning I drew the channel lines. Folks, this is a perfect if you don’t, if you’re not a subscriber this year, take a look at my twitter account. You’ll see that chart from a bit earlier today. Again, this relative strength chart, it’s just incredible. The perfection, the absolute perfection of this channel has told you exactly what it would be either lower or higher based on the semis to the S and P 500. And right now, of course, it’s flashing a new buy signal we added to our positions five weeks ago in the semis going even more aggressively long because of this chart and this action, and because the semis leads again, from the birth of quantitative easing, there has been no more important market tell than the semiconductors.

[00:12:38]:
If you get the direction of the semis right, you are on the right side of the market. It’s happened not sometimes, it’s happened all the time. It is the most remarkable repeating pattern of my career because it’s worked for the entirety of the last 15 years, and I can’t think of a single time that it didn’t work. Now, the semis don’t go up every day, and you know you’ll have your overbought pullbacks. But again, look at that chart that I shared and you’ll see exactly what I’m talking about. And right now, it’s still flashing buy signals, which is why we still own it. But I will say also again, the semis are hitting extreme overbought levels, nearing extreme overbought on steroids. So we may be taking action there in part of our, at least our position there.

Okay, getting a lot of text. Come in. I needed to turn off that. That buzzer was driving me crazy. So lost the train of thought a little bit. But again, may has been fantastic, right? SF hundreds up 5% so far, not including today, up a little more. SPF 100 is up today in May. SBF 100 so far is up 5%.

[00:13:54]:
Nasdaq up 8%. Add another half percent to that today. As we told you at the beginning of the month, selling go away has not really been a thing for more than a decade. I think we’ve only had, what, two years where this has worked in the last decade. And absolutely, it’s not a thing in presidential election years, as we’ve been reminding you here, in presidential election years, from the timeframe of mid May through August is a seasonally bullish time for stocks. So we still think we’re in the sweet spot. Again, we may get an over, but pause, etcetera. But again, just analytically speaking, this is a time to be long the market.

We’ve got so many things working in our favor that continue to point to higher prices. And again, the bureau dust system at eleven to twelve screens bullish. That really sums it up there. But also, shared this this morning. It surprised me when we run these charts and see this. The percent of the SB 500 above the 50 day moving average is just 49.5%, folks. It was 93.2% as we started 2024, and now it’s 49.5%. Now above the 200 day is a higher number.

[00:15:07]:
Seven you would expect it to be. It’s 73%, but again, beginning of the year is 81.6. The takeaway here is that even as the markets keep hitting all time high, again, Dow Jones, 40,000, Nasdaq 70,000. As this happens, we’re still not seeing overbought levels, overbought readings in their internals. And another point Tyler just made. The fear and greed index now is at 53. Again, we’re all time highs and the fear and greed index is at 53. It’s extreme overbought there.

Extreme greed, if you will, in that survey is like 75. We’re 53. So this remains a very, very good setup. As we’ve said for a long time. This has been and continues to be textbook bull market action. We are concerned about the semis. Yep. Short term, we’re hitting extreme overbought levels that concern us a little bit.

[00:16:05]:
But when the semis are leading like this and they got this, this, this AI is, I mean, this is, this is the new, this is the new thing. This is the new.com. and we’re still in the early innings, if not anyone. So, you know, I do think these moves are going to get very extended. And, you know, the great thing about this, we’ll use some discipline while still remaining aggressively long. But, you know, in technical analysis, one of the keys here, if you’ve got a market that’s hitting extreme robot levels and it stays there, you won’t find anything more bullish than that. That is the most from a technical point of view. And it’s not just kid Parrot saying it, not just Tyler Harrod saying it.

Talk to any technician that’s done this a long time, they’ll tell you, you find an overbought, market stays overbought. That is a big time buy signal. Strong RSI, relative strength is a, is a huge buy signal. 1 second. All right, miners looking great. Get shared that chart this morning. Beginning at the end of February, the miners started leading gold higher, much like the semis to the s 500. Relative strength wise, this is the other one that really matters.

[00:17:23]:
There is no bigger buy signal in my career than when the miners are leading gold in either direction. Obviously, we own these stocks aggressively. We want the group to go up. And when you get this kind of a buy signal with the miners going parabolic to gold, which is essentially what’s happening here, and you get a shakeout like we had late last week. Again, just a great opportunity to add to positions, which is what we did today. Tomorrow morning, I’ll just give you a little teaser on this. I’ve been today writing up the new update on one of our ten baggers in the portfolio, which is Snowline gold. Love this company.

I think it’s going to be a big one. I’ve been fortunate in my career to have some pretty big winners in several of those that have happened in the mining space, most recently Turquoise Hill, which was bought out. I think we had gains like 190%. Should have been a lot more at the company that bought them. I am not, I am not 100% today. I will tell you, I feel good. I’m just probably like 90%. What is the company name that bought major miner? Oh, my goodness.

[00:18:35]:
This is, this is embarrassing, kev. Anyway, they bought turquoise sale. It’ll pop my head in a second. And they got it for a song and. But we’ve had some good success stories in this group and I think Snowline gold is going to be one of those. I’ll write it up fully tomorrow. Again, we added the portfolio some time back. It’s done well for us.

But they’ve got an aggressive mining campaign using three drills. They have 600,000 acres of what is essentially virgin territory in the Yukon. Big money’s behind this. Smart money’s buying into it. The insiders own a lot of it, which you always want to see. It’s a father son operation. Obviously, with Tyler, Tyler here with me, that’s always something that kind of stands out to me, that draws my attention because I know what that means. That means you’re proud of what you do and you’re building something that’s real, you know? So that’s at least my take on this.

[00:19:30]:
And so I’ll write that up for you tomorrow. But love, love the miners here. Gold again, when you’re adding, when you’re adding a trillion dollars of debt every 100 days, it doesn’t take a rocket scientist to figure out why gold and silver are skyrocketing like they are. But again, just a reminder, the miners, even though they’ve had this incredible run, right. And the miners up like 40% in two and a half months. Right. GDX, I’m talking about. Even though that’s the case, the miners are still 40% below all time highs.

That’s from 2011. So the miners have forever to run just to get, just to get back to their old highs. And then we’re talking about a blast off higher from there. So, yeah, unabashedly bullish on the miners. Love this group. And we’ve got a very eclectic portfolio. We essentially own our own, run our own hedge fund. Here is our family office positions, what we recommend we own.

And so it’s just a very eclectic portfolio. We own energy, we own miners. So we’ve got direct exposure to inflation assets, right. And then also on the semiconductors and have great exposure to tech and own small caps and our vra ten backers and own bitcoin. Again, another inflationary asset. It is eclectic this exactly fits my personality. If you know me, I am. I am a.

[00:20:59]:
I’m a pick and shit right now. I gotta tell you, I’m happy as a pig and shit. This is the kind of portfolio that makes sense to me. This is a common sense portfolio for me, for the era that we are in. And so I think a key, and the key for us here, instead of getting, because if you’re not. Listen, I know sometimes we talk about our gains and stuff. It might sound like, okay, kip, stop patting yourself on the back. Folks.

I’m really not doing that, okay? I’m just trying to make a point. And because I know this much, if you’re not humble, the markets will make you humble. Mister market will bash your head in the first time. You think you’ve got this figured out. Look how easy this is. The old saying is everyone’s a. Everyone’s Einstein in a bull market, right? Because you throw darts, essentially, and make money. That ain’t it.

[00:21:47]:
That’s not what’s happening here. Because we also understand the importance of discipline. But at the same time, there is nothing wrong with celebrating your wins. There is a difference between being cocky and arrogant about it, besides just pointing out the obvious, because that’s how we make good decisions together, by having these conversations. That’s what I believe. And I also got some information on bitcoin. Might as well share it here. Bitcoin had 71,000 yesterday, looking really good.

Then, boom, here came another one of those shakeouts and the rumors that Mount Gox, which is a bankrupt company, owned a lot of bitcoin. The rumors they’re transferring their bitcoin from one account to another. In other words, the trustee for this bankrupt company may start selling. Well, the trustee said today that’s not the case. They are not selling. Not that they’d probably tell you if they were in advance, but that’s the official reply. Bitcoin is just over 68,000 here. Again, phenomenal buy here.

[00:22:46]:
We’re back in bitcoin at 28,800. We’ve got good gains. Expect bitcoins going much, much higher from here. Again, this is a portfolio for me that there’s a common sense portfolio for the times that we live in. All right, let’s take a look under the hood today. Make sure I didn’t miss anything. All right. I think that’s a pretty good summation of where the markets are right now.

Take a look in the hood. We had not great internals today. Let’s talk about those first quick refresh. I’ve been around. Okay. Two to one negative for advanced decline. Nyse. Nasdaq was not.

Two to one negative. Again. You like these readings a little better today, especially with Nasdaq up 99 points, semis up strong like they were. But we did have. Was that 600 more stocks hitting a declining. Been advancing today in Nasdaq volume. Different story. We had 1.5 to one positive for volume today.

[00:23:53]:
For Nasdaq, NYSE volume was only slightly negative, just by a couple hundred million dollars worth of trading. As far as 50 highs and lows, that was a positive there by about 70 issues. So kind of a mixed bag with the eternals. But again, we’ve come a long way. We had a little bit of shakeout last week. Again, when you hit all time highs and you are overbought, as we are now. And we’re not extreme overbought on steroids. But the queues are very close.

Nasdaq, 100 semis, not there, but close. And again, it doesn’t mean we have to sell just because we hit that level. But that is when our antenna starts going up and maybe we put stops in, which is something Tyler and I are talking about doing instead of just out and out taking profits. So, as you can tell, we haven’t made a final decision yet. We are relying on the very investing system and the market action. That’s why this conversation about the transports matters. Why it matters. We’re talking about the internals.

[00:24:53]:
Yeah. It matters with what’s happening overseas. Because I don’t know about you, but if us and our allies started attacking Russia, sovereign territory deep inside Russia. Yeah, that’s a problem. That’s a problem. So it’s something we have to pay attention to, whether we like to or not. Right. All right.

In our sector wise today, we had, again, not great here either. We had three sectors finished higher, eight finished slower. Nothing big either way, really. Industrials, again led the way down. Down today. Down 1.2%. Healthcare down one quarter percent to the upside. Technology against what you want to see if you’re bullish.

Up 1.3%. Energy, also 1%. Energy stocks look great here. The charts look great. Oil is great. Natural gas, I think, is going to go in a monster move here. So energy stocks, I think, are a sweet spot that will continue to own and add to our positions in taking a drink every few minutes here. Apologies for that.

[00:25:58]:
And commodity watch again. Good day here for precious metals and miners today. Gold up $28 an ounce at 23.62. That puts us. What is this? 70. $70 an ounce from all time highs. Right. Going to blast through that pretty soon.

Again, I believe minimum target this year for gold is $3,000 an ounce. And I think, I think we’ll get there plus some this year. This is that bull market, folks. This is that bull market for precious metals and miners. Just an incredible story of the two. What’s better? Bitcoin. They’re just different stories. Does bitcoin have more upside? Sure it does, because there’s no better supply demand story.

But is gold a more important asset to own in this environment? It’s more tangible. You can hold it. So again, it’s completely different. But both, we believe you should have exposure to both in your portfolio. And this is frankly why bitcoin is continuing to go up and will continue to, because now that it’s fully, if you will, been blessed by the SEC as a commodity spot, bitcoin ETS approved and now ethers following probably within a couple weeks, you know, again, money managers, sovereign wealth funds countries, El Salvador are now, you know, and have been adding bitcoin to their portfolios. And that’s just not going to change. That’s only going to increase. That’s why, again, on weakness, continue to add bitcoin.

[00:27:31]:
But we feel the same way about gold and silver for different reasons. But it’s a great time to be buying gold and silver again. Gold today up 1.2%. Silver up six, almost 6% today. Wow. 32, 31 an ounce on silver. It’s incredibly volatile. You know, my position has always been about 70% gold, 30% silver, and it stays like this.

You wish it was reversed almost, because that’s a monster move in one day of 6%. Silver does tend to lead. When you see these kind of outsized moves in silver, it’s almost like the miners leading gold. It’s another big, historically a big buy signal for the group. Go silver. Copper today up another 2.6%. 4.87 a pound. Crude oil today up 3.2%.

[00:28:21]:
$80.28. And again, bitcoin. Last trade here, 68,442. All right, let’s get to the final segment of this, where I told you, I talked about the election, and yeah, I think. I think it is going to be Trump. That’s not something I believed until Tyler and I started having this conversation about a month ago. I pinned it at it on this podcast, and now, after my conversation with Wayne and Tyler again today, it’s time to have this conversation. It’s a little different than probably what you think it’s going to be.

Let me set it up. I believe our elections are rigged. Now, that doesn’t sound like a bold statement after 2020, does it? This sounds like. Well, of course, dummy. Yeah, we know 2020 was rigged. I’m talking about before that. I believe Trump was inserted in 2016. I’ve said by reasons for this before, and I’ll lay that again because it’s important.

[00:29:21]:
So you understand my entire analysis of why I believe that Trump is going to win and why they want him, why they’re going to. Our planners are going to insert him. All right, they had to have Trump in 2016 because they plan to launch the plandemic. They needed Trump to do it. Why is that? Because of Operation Warp Speed and the creation of the jabs. Because the lockdowns would not have happened if Hillary Clinton was president. What red states, a lot of blue states wouldn’t have done it. But Hillary Clinton says, you must lock down your state because we have a flu.

There’d be a lot of people, a lot of republican governors, a lot of, a lot of residents, a lot of citizens of red states putting up a middle finger and saying, good luck. Come make me, come make me close my businesses down, make us shut our churches down, in our schools down. Right. Make millions of jobs, of companies go out of business. Good luck, President Clinton. It had to be Trump, not just for the jabs, but again for the jab, the lockdowns and for the jabs. Right. Trumpet won us over.

[00:30:41]:
So republican governors agreed to lock down. How about the jabs? How many, how many people would have taken a Hillary jab? How many people would have looked at Hillary Clinton trying to rush the approval process from the FDA for a new vaccine from 810, twelve years plus to a few months, call it a year. We all said, what are you smoking? There’s no way we’re going to agree to this. If you want to have produced Hillary, go ahead. We ain’t taking them. But we did it because it was Trump. That’s just a reality. That’s just.

I don’t think that’s even up for debate. So they inserted Trump in 2016, if my theory is correct. Stay with me. Okay? We know 2020 was rigged. Don’t even need to spend a second on that. We know it was rigged. So if they are inserting presidents, why kept. You’re asking why in God’s name are you saying they want Trump now he’s the enemy of the state.

[00:31:46]:
Okay, let’s look at the evidence. Let’s look at the evidence. When’s the last time you heard Trump talk about the deep state and problems inside the CIA. You really don’t. You more. At least I haven’t. Trump just came out in favor of the new FBI building was a $2.5 billion FBI building as something he said he would never support. And now he’s talking, you know, favorably about it.

I’m just giving bullet points here. Okay. What about Ukraine? Trump had been against Ukraine and giving him money. Well, I believe it was his idea to come up with the loan. We’ll loan Ukraine the money and they’ll pay us back. But he was in support of this last big funding bill for Ukraine. At least if he didn’t pound the table in support of it, he sure was quiet about it. That’s just a reality.

How about this new House Speaker Johnson? That was from sky. Look at this guy. Is there anything conservative? Kevin McCarthy was a better option than this guy. This guy’s folded on everything for the state. And Trump said, that’s his guy. So the point being, if the planners, and I’m using the word planners, okay, if the state, whoever’s, if these elections are in fact rigged and they are inserting presidents and maybe that’s how it should be done, folks. I. Maybe there’s enough stupid people in this country that maybe it should be.

[00:33:14]:
I’m not making. That’s not the purpose of this. Okay, but again, this is obviously all conjecture, but if they’re inserting presidents and they know that they got Trump to go along with the pandemic and the jabs, and now he’s no longer talking smack about the deep state and the CIA and the FBI, at least not like he was. He’s now okay with Ukraine, apparently. Why wouldn’t they want him? Because what we know at the end of the day, and this is where Wayne, of course, was in big agreement here is what we know for sure, is that what would Trump do for this country? Well, you say what you want to about the man, but there is no doubt about it yet. Trump loves himself, but he loves this country. There is just absolutely no doubt about it. Trump loves America.

Make America great again was more than just a slogan for him. I never, ever, as much as I turned on Trump because of the jabs, because of the pandemic, okay, that was the issue for me. And I think it’s a big enough issue based on principle, okay? Not that I would ever have voted or supported Biden, that’s not the point. But what we know for certain is that Trump will be great for this country from a red pilling point of view, pro America for the economy. Absolutely. And of course, for the stock market. And now that we’re six months away, you look what the market’s doing all time high after all time high. If the market’s discounting what’s going to happen in November, then the markets are going up because they believe Trump is going to win.

[00:35:09]:
And the polls, certainly, I’ll say that. But again, if it’s rigged, that’s the point. I’m going beyond saying that the polls say it. So I think Trump’s going to win. I’m saying that. I think there’s evidence that our elections now are planned, our presidents are inserted, and that I believe the difference here is now they want Trump. They think they can control him on the things they need to control him for, at least, at least for some things. But at the end of the day, we’re going to get the Trump that matters most to most of us, certainly for the economy, certainly for the markets, and certainly for what’s best for this country and the things that matter.

There it is. I’ve been hinting at it, talking about it. Now it’s out there. I’d love your feedback. And, you know, again, I don’t intend to spend a lot of time talking about this, but I did want to get it out there because I think, I’ll be candid with you. I hadn’t planned on voting in November. I was so disillusioned by the 2020 election and the kind of awakening that I had to believe that these elections are probably all like this, that what was the point? Why does it matter? And now I think that, I think there’s, there’s, there’s evidence that it’s going to be Trump and that they want it to be Trump. And that is going to be, at the end of the day, a great thing.

[00:36:39]:
We just have to keep our eyes open so that, you know, there’s not another planet kind of event. I’d like to think that Trump has learned from, from what happened in his first term. But I think at the end of the day, it would be fantastic for this country. And again, the key point from what our job is, beating Mister Market, building our retirement accounts, being able to build potentially generational wealth, that’s what motivates us every day. There’s no question about it. Trump is the guy for that. All right, folks, that’s it for the day. Hey, thanks for listening, as always

Again, love your feedback, good, bad or indifferent, keep it coming. Appreciate you very much. Hope you had a great day. And even better. Night. We’ll see you back here again tomorrow after we close.

Podcast Newsletter

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Listen On

Time Stamps

00:00 Inflation driving precious metals price increase.
05:04 We discuss selling positions and taking profits.
07:29 Trump's positions on key issues.
11:24 Semis outperforming S&P 500, signaling bullish trend.
16:05 Semis leading, AI's rise signals bullish market.
17:23 Miners leading gold indicates strong buy signal.
22:17 Mount Gox trustee denies bitcoin selling rumors.
24:22 Nasdaq, semis close to selling, considering stops.
26:44 Gold and bitcoin both important for portfolio.
29:21 Analysis predicts Trump's win
33:14 Trump's love for America.

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