In today's episode, Kip shares some exciting updates about an upcoming trip to examine one of the hottest gold mining stories in Canada, Snowline Gold and reflects on the remarkable journey this junior miner has taken from 75 cents a share to over $7.20. He takes listeners behind the scenes on VRA's due diligence process, discusses how to spot mining scams, and previews the boots on the ground research coming straight from the Yukon. Kip digs into what sets the VRA community apart, from time stamped portfolio transparency to market beating performance posting returns over three times the S&P 500 so far this year. Tune into today's podcast to learn more.

Don’t look back because the market is closed. Good Wednesday afternoon everyone. Kip Herriage here with the daily VRA investing podcast. Hope you had a good day today. You’ve got me the rest of this week. We will not have one on Friday. Tyler and Sam are actually on their way kind of backpack backpacking up the Alaskan coast, headed into Canada where we’re going to be meeting up Friday after fly out Friday and we’ll give me meeting in the Yukon at Snowline Golds, a gold concession in the Yukon.

It’s actually in a part of it in White Horse, Canada. So Tyler and Sam are on the way now. I’ll be joining them later this week and we’ll be back. I think we’re going to be there through I think like Tuesday and yeah, we should be back Tuesday. Probably, probably first podcast will be next Wednesday. So tomorrow’s podcast will be the last one till then. And looking forward to this trip. I got to tell you, we’ve gotten to know the, the people, really good people at Snowline Gold over the last couple years.

[00:01:04]:
You know, we started buying the stock at 75 cents a share. What I do is when I find a company that is of interest to me, a growth stock, and I look into it, you know what, I don’t want to forget this one. I just buy a small piece of it. You know, I put, I think, I think my first purchase is Snowline Gold at 75 cents. I think I put three or four thousand dollars in. I liked what I saw there, but I didn’t want to forget about it. And so we did, you know, we got to work on due diligence. And the more I found about this is, it’s really, it’s really a fascinating story from this point of view.

And if you know the gold mining industry, you know, and you know the Canadian scams that have happened over the years, like Bre X. Okay, if you remember Bre X Minerals, what a disaster that was. Maybe one of these days we’ll do a podcast and talk about that because it’s an amazing story of how they just snookered everybody. And then the next thing you know, people were dying and the COVID up is on. Stock was collapsing from $250 a share to nothing. I mean this was the hottest thing going. And so if you’re a Canadian mining company, which Snowline is, you got to be very careful about this. I’ve actually not had this conversation with Scott Berdahl, the CEO and co founder.

His father, he co Founded with his father and who’s also a geologist and miner. They both are. And they just found this thing because they, they, they’ve been mining in that area and they found this, this strip in the Yukon, this valley and said, you know what, this has not really been explored. Let’s check this out now here we are four years later, stock has gone from, you know, they started this stock as a, I believe it was a, it had to have been a, a roll up, it had to been a reverse merger. But they, they own the stock from obviously from pennies, right. And now it’s gone from there to $7.20 a share now. So it’s now a billion dollar company. It’s the largest junior miner in Canada.

[00:03:00]:
And I’m always surprised by the number of people that I talk to. People that know mining pretty well that do not even know this name. This is the largest junior miner in Canada that may well have. I, I almost said likely because I think they do the largest gold discovery in Canada in decades. Okay. They almost are there now with what they’ve already found. Okay. So again a lot of work has to be done here.

It’s still young but you know they’re, they’re, they’re early, you know, engineering reports, Pre feasibility study, etc. Have all come out and they’re backing everything up. They got a great board of directors, quality people put together a great team here. A lot of big money investors in this. You know, you can always tell a deal whether it’s a scam or rig job or just fly by night or whatever by the big investors in it early on. And this, this, the group of investors that invest in this company really do look like a who’s who of the mining industry. So it again it’s a great story. They’ve been very low key about this and that’s what I really like here.

There is zero hype at this company. They don’t have an active PR campaign program. They don’t do that. They don’t want anyone to think we have anything to do with a company like BRE X. And we’re not a, a Canadian Vancouver Stock Exchange scam. And so they’ve been very aware of all this sort of, this is the kind of things that we look for, you know that tell us that. Okay, maybe, maybe look a lot closer or don’t walk, run away from these guys. Don’t, don’t, don’t put any money in.

[00:04:28]:
Matter of fact, just avoid it. Pretend you never heard about it. Let’s move on. But this is. Snow Line is not one of those companies we haven’t met yet. This will be our first trip up there. And they’ve added up some other analysts, other broker. I think this is gonna be analysts from four other brokerage firms there.

Of course, we’re not, we’re a financial publisher. I’m not a mining expert, although I’ve done pretty well in this group. Know it pretty well. I’m a stock picker, you know, I’m a stock jockey. I’m a stock picker, market timer. That’s what we do here. So it’ll be fun being up there with actually mining analysts that already like this story, want to cover it more closely, want to take a tour of the property. So again, looking forward to that trip.

We’ll have a full report for you of course, when we get back. I know. Look, not everybody here on this podcast is with us as a member. I don’t know why you wouldn’t be. Let me tell you what, it sounds arrogant as you know what to say it, but let me give you the results. Look, we don’t, we don’t do a lot of advertising and we don’t really, probably to our detriment, you know, we, we don’t, we don’t, we don’t tutor a horn about our returns. We do mention fairly often because I think it’s important to know that, yes, we’ve beaten the market 18 to 21 years since I started the VRA in 2003. Yes, we post every trade in our back office for our members site.

[00:05:41]:
Right. Every trade we’ve done for a decade is back there. We know no one else that does these things. Okay? We, we, everything is completely triple time stamped. Everything we do. If, if we tried to pull a fast on anybody, we’d have like a hundred people that would catch us almost immediately because people track us pretty closely now. We have some very smart money members here that have joined us. And so the key is kind of like snowline gold.

You know, we run a tight ship here and you know, I come from Wall Street. I, the last thing I want to do is have a VRA have a reputation of like some of these Wall street scum jobs. Okay. The point being, yeah, we beat the market 18, 21 years. We just ran the numbers through today. I should, it’s not the close, but it’s gonna be pretty close anyway. And let me tell you what these returns are. They’re the first.

What is that, eight? We got four months left, right? So September, October, number. Yeah, there we go. So keep can do math. Let me pull this stuff for you real quick. I’m gonna get this right. It’s going to be in tomorrow’s letter. Here we go. I have a tomorrow’s letter but just wanted to get this out to you.

[00:06:47]:
Now if you’re a portfolio through midday today, okay, it’s is up 28.3% for the year. For 2025, here is our competition. SPF 1 hundreds up 9.4%. So we basically what is that with three times better. Better than three times better than S 500. NASDAQ up a 11 11.2%. All right, so beating them by better than two times and our bogey and this is really, this is, you know, everyone’s got a bogey, right? What do you track yourself versus what do you most, what do you, what do you most likely resemble? Our we’re aggressive. We use leverage ETFs, growth stocks.

We even have penny stocks. We are super aggressive. We’re frankly more aggressive than the Russell 2000 which is our bogey. Small caps, right, that’s our bogey. But we’re more aggressive than they are. So but we wanted to pick a bogey that you know, every year was hey, hey. This is our closest index. This is what we track against.

Although we list returns versus everything and we do beat almost every year, all the SP 500, NASDAQ too. But so far this year, Russ 2000 is up 0.6%. That’s less than 1%. So we’re beating our bogey by more than 28 times for, for 2025 again. We still got four months to go. I’m not going to wood here because anything can and will happen. But I think the odds based on if you know our approach here and our risk, our risk tolerance approach and discipline approach, you know that the, the, the odds of us losing to the markets this year with this kind of a lead are slim to none. And slim has left the damn building.

[00:08:22]:
Right? This should be 19 to 22 years that we’ve beaten the market. And so again the point being if you’re not with us, why aren’t you here? We, we have a great group of members, great community here. You know, we, we, we do a lot of fun things together too by the way. That’s, that’s going to change even more. We going to have more of that. We’re going to really take advantage of this great community here. And because people, people like being part of a community where you’re like minded, this is a like minded Group of people that enjoy life. We don’t take ourselves too seriously.

We take what we do very seriously. And we love beating Mr. Market because that son of a. All he wants to do is beat you. And if you’re not looking at this as a competition, and this is why sports is so important. I grew up like most of you did, playing sports, men or women, okay? It doesn’t matter what level you played. I never played past high school, but I grew up playing sports and I’ve always had the competitive mindset. This is why Title 9 was so important for women’s sports, because now they’ve got the same, you know, opportunity to explore, you know, their alpha side, right? And just don’t want to lose to anybody for any reason, right? And so especially when it comes to the market, because that is how we do.

We take this. We take this at this point very seriously. We want to crush this son of a. Every chance that we get. And then twice on Sunday, okay? And so this is why we pay attention to the things that matter most. Not the noise, right? Not what the majority of economists think in the country. Not what Wall Street’s saying, not what CNBC or Bloomberg saying, not what anybody is saying. But we will follow what matters, right? The trends that are taking place, the direction of the market, where the money’s going, all the internals, technicals that we have to follow here.

[00:10:02]:
But again, we also don’t have. We also aren’t guilty. And I’ll tell you, I’m very proud of this. We do not allow analysis paralysis here. I have seen analysis paralysis destroy more professional money managers and smart people that should be beating the market. But they get involved in all this minutiae, right? So instead of following what. What is matters most, they go down these rabbit holes and now they’re following all these minor points. All of a sudden those minor points, they allow them to become major points and it stops them from making decisions.

I’m sure you know, people like this, okay? I happen to be fortunate and that I’m not built like that. I’ve got a pretty good instincts. I’ve done this 40 years. I should. And I know what matters. And it doesn’t mean we’re perfect. I’m not trying to say any of that, okay? But I’m telling you, this is why we beat the markets. This is the community we have here.

So if you’re not with us, I don’t understand it, but come join us. Love to have you here. We got two free trial, which you can take advantage of. If you’re a vrainsider.com, don’t, don’t. Don’t pay us a penny if you don’t like it. You know, thanks for stopping by. Right. Okay, let’s talk about the market day.

[00:11:08]:
Because again, you know, if, if the, if you’re bearish or if you’re following these bearish people and there’s just so many out there, still blows my mind. But, you know, look, we have had four bear markets in the last. Since 2018. So I get it. It’s been brutal. People are still shell shocked and people think, you know, every, every around every corner, here comes the next bear market. They’re kind of not wrong. I get it.

I do get it. But it set this market up for an extraordinary bull market run that we’ve been talking about here since, with you since 2022. In August 2022, we published a Big Bribe. And after spending a year writing and researching it, we said, this is that bull market. This is, this was the roaring 2000 and twenties. This is that bull market. You’ve got to be in this market because the economy and the markets are going to skyrocket. And remember, we were saying this during a Joe Biden presidency.

We had a lot of people that had problems. What we were saying. I even said in the book that Joe Biden might have a Bill Clinton moment. Bill Clinton, over his eight years as president. Not a lot of people know this, but we’ve talked about it in the book and talk about fairly. I hadn’t said a long time, but Bill Clinton’s eight years in office, he put up the single best average return for The S&P 500 of any president in American history. 26, 27. I’ve got it exactly in the book.

[00:12:25]:
It’s like 26, 27% a year. No one’s come close to that. Right. And so I wrote in the book, Joe Biden may even have a Bill Clinton moment. Well, that kind of happened. Right? But, you know, obviously he had nothing to do with any of the success of the markets, okay? Or the economy. But the big point, this is what we’ve really, we’ve really focused and zoomed in on, and we write about this all the time, is that people are. People have been snookered.

And there’s a psyop, a psychological operation, a psyop of negativity. It is as real as my fingers are. Right? I’m looking at my fingers. It’s as real as my fingers are. My hands are right now. I’m telling you, it is and basically it’s got people just scared shitless again. We’ve had four bear markets, I get it. But when you know the facts and these are not being talked about in mainstream media, and I go on TV with Charles Payne or I go on Wayne’s radio show, whatever, I’m doing Tyler’s and Charles Schwab, we talk about these things and we have people that like interview stop us and interrupt us and go, wait, what did you just say? Last time I was on Charles’s show, I had to.

Charles was out and I forget the guest host name, but she’d been with him a long time. And I said that the housing market is structurally as strong as it’s ever been. She said, whoa, what did you say? It’s structurally strong. We’re hearing that, you know, the housing market’s dead and that young people can’t buy homes. And I just, I rolled off. You know all the facts we know about this. 40% of Americans have no mortgage. These are all time records.

[00:14:01]:
And these, this matters. These facts matter because housing matters. There is nothing more important to the economy or the markets than housing. It’s the number one leading economic indicator. Everyone should pay more attention to it. Fortune. Americans have no mortgage, paid off their homes. Average equity in home, 70%.

Okay? $34 trillion sitting in home equity, waiting to leave. Okay. And waiting to go out into the economy. And that’s all going to happen. But again, right now we have this again psyop of negativity when everybody’s going, no, no, no, no, listen. Trump’s tariffs, inflation’s coming, folks. Oh, and if you notice, today we had the jolts news out the job openings, right? Oh, no, it was we. Job openings are really collapsing.

Well, let me see, why might that be happening? Number one, I don’t trust that data. Okay? I think government data, like I don’t trust the government should not be trusted. Trump is exactly right to fire the, the head of the BLS that responsible for this. My God, all they do is have to revise their reports. They’re nowhere close on their initial read. And the initial reads, all that matters, right? So I don’t believe it anyway. I trust my own eyes and my own ears and talking to people watching the markets. The market’s a leading indicator as well.

[00:15:13]:
Market’s telling us good news is coming. Okay? So, yeah, but, but let’s, let’s just take it at face value that they’re saying is correct, that the economy, that job market is slowing. Well, what. How many people are leaving the Government now, either voluntarily or involuntarily. Okay. It started with musk and Doge and you know, Trump shutting down one department after another. Yeah, that’s a lot of people losing jobs. And those are high paying jobs that where most of the people barely even worked.

We know the deal, the drill, right? You get a long term government job by the, by the time you’ve been there 10 years, you are on easy street. You got another gig, you know, you started a side business taking advantage of your job, giving yourself contracts essentially or family members. That’s the racket, right? That’s the racket, we all know it. So those people should be gone. Is that going to affect the job market as far as the employment data? Yeah, maybe, probably. You know, you have to take your ounce of medicine, right? America is healing. This is what America healing looks like. Okay.

And so that’s all. This is not bad. It’s a one time hit. It’s not bad news. It’s phenomenal news. And then also immigration, we don’t have people to take these, these low skill jobs. Oh my God. Job market’s in trouble.

[00:16:28]:
Well, guess what, America’s healing now what’s going to happen? Those low paying jobs are going to turn into higher paying jobs. Wage inflation. If you believe that wage inflation is bad for the economy, man, you are listening to the wrong people. Right. Wage inflation should not even be factored into inflationary reports. We want people making as much money as possible, right? And then we’re going to rely on American ingenuity and innovation to make sure prices don’t rise. That’s what innovation does. And so these are all huge positives.

Any, any negatives can be a one time hit. And if you also, if you think, you know these con. I, I just ran, I ran it last week. It was like, like 82% of economists based on a Wall Street Journal poll. I’m working on memory. It’s pretty close though. 82% of economists are saying that inflation is going to be a problem. Listen to the Federal Reserve, Jay Powell, they’re all saying it, right? It’s the group think.

They all say that. They all parrot the same thing because they don’t want to, you know, get. They want to be in the cool kids club. They can’t go against the, the big guy and what he’s saying, right? What a scam this whole thing is. Right. So, but no, these tariffs are not if they cause any inflation so minor. And again, pretty much a one time hit. But that’s not even happening.

[00:17:46]:
So We’ve seen, right, what, six months. Inflation’s gone nowhere. Oh, it’s coming, it’s coming. Oh, but, but look at the core pce. Oh, it ticked up just a little bit. Yeah, Just laugh at these crazy people. Right? That’s why rates should be lower. And rates are far, finally coming down.

Tenure today, 4.21% going a lot lower, folks, a lot lower. No, there’s going to be no inflation. It’s such a simple concept. Yeah, we’re charging, we’re going to force people exporting their product to us, right, to, to put a 20, 30, 40, whatever it is, penalty, right? A taxi, I don’t care what you want to call it a tariff on their product. But have people stopped using their brains? Have really seriously, can people not follow logic? Point A, point B, point C. Because what’s happening is the reason that the price increases are not getting to the consumer is that this is just a ghostiation plus a bargaining chip for American importers to say listen Canada or listen China or listen Brazil, whoever India. Right. If you want to sell into the largest market in the world, then this tariff is going to have to be paid.

We’re not going to do it. You’re going to drop your prices. They’re simply dropping the prices, folks. They’re simply dropping their prices and that makes up on the tariff. And then again the, the company in the US that’s importing this, that’s going to want to turn around and mark it up. Well, they know eyeballs are on them now, so they’re careful about the mark. They don’t really. And they know Trump is paying attention to this, right? He calls them out, he called Walmart and said we don’t want to see price increases.

[00:19:25]:
Consumers, work your magic. Get, get involved, get your sales teams in there, negotiate these doctors down. And that’s what’s happening. And it’s just, it’s having a magical impact already on US economy. So I’m telling you folks, these absolute fricking morons that have it exactly wrong and have only been wrong, have only been wrong now for decades are telling you the economy’s in trouble, jobs market’s in trouble, inflation is coming, higher rates are coming, they’re all smoking crack. They are idiots and they’re wrong. And I’m telling you, we’ve been saying this for three years. We’ve been right, they’ve been wrong.

Right. And that’s why if you’re not here with us, I don’t know, I don’t know what you’re Smoking you got. If you want to come beat the markets, come with us and have a little fun doing it. By the way, I, I this morning’s letter, I put out a kind of a recap of our five big bribe megatrends from the book. I’m not going to cover them all here today. I’m just going to mention the five titles, okay? Financial engineering, Corporate earnings expansion because of the innovation revolution, Long term housing boom, the millennial generation. That, that alone is so interesting and almost nobody talks about it. Unbelievable.

The red pilling of America kept. Why would that be bullish? Why would, why is that a megatrend? Because it’s about the return of animal spirits. It’s about people waking up to being proud and being proud to be an American and to be an American patriot. It’s about America being the best country on the planet and not being ashamed to say it and charging other countries a fee to be able to come in and sell their goods to us. Because that’s how good we are. We deserve that, right? This is pride because we just beat communism, folks. You understand this, right? We won, they lost. It is over.

[00:21:13]:
The culture war is over. I again, I’m hearing nobody say this, and this is not being arrogant or me jumping out and saying something I shouldn’t say. But stay with me on this because it’s it. We did win. The left is dead. Communism has been killed here. This is hugely bullish for America, for our prosperity, really for our survival. We’re the last democracy republic even standing.

If we, if Trump had lost, we would be Canada, we’d be the uk. We’d be on that road, folks. It would be brutal. There would be censorship like you couldn’t believe here. It would have been like the, the plan did make all over again. Musk would probably be locked up. Twitter or X would look very different than it does now. And we’d be going down that road.

That’s how big this victory is. And again, that’s not yet in the stock market, but it’s coming. America is the place to be, all caps. Investors everywhere know it. And there’s no place to have your money better protected or prepared for big gains than the US stock market. That’s why we focus here now. We’ll do trades from time to time in other countries, but I’m telling you folks, the money to be made is here. There’s not another country close to it.

[00:22:22]:
And these five mega trends we believe again been safe three years now, are going to take the Dow Jones past 100,000 Dow Jones right now is at 45,200. Yeah, we’ve been saying this for three years. You’ll take the Dow Jones past 100,000. Okay. It’s doubled since we first said this. Right. And NASDAQ going to take it past 40,000, which, I mean, we’re at 21 for now. So we’re, we’re already, we’re already up, you know, 78% from the first prediction.

So we actually had to raise that as we were writing the book. Initially, our target in the Dow Jones was 75,000, but that the market had gone up so much as we were writing the book, we had to, we had to up our targets. And so that’s, we see all this happening by about 2030, maybe 2031, 2032. But we actually, Todd and I’ve been talking about this. It may happen before 2030, I think, and Tyler agrees with this. We think next year is going to be a barn burner. You know, no, almost no one’s saying it. There’s some folks coming around now that are getting more bullish, you know, but, but, but next year could be 50 for the SB500.

That’s how hot the economy is going to be. That’s how far rates are going to plummet. You’re going to see that $34 trillion in home equity begin to come out. And finally people go, Trump. The Trump economic miracle is working. It’s real. He’s pulled all this off. My God, look how much better the crime’s down.

[00:23:48]:
Look at jobs, market. My God, look at wage, wages increasing. Everything this guy said, it’s, you know why? Because he’s, he’s, he’s on his final farewell tour. This guy is so competitive and already has it mapped out. Trump, Trump is a big believer in manifest your destiny. There should be no question about that. He, he creates it in his mind and then work ethic, and it happens. Understand this, folks.

This is what’s happening. And it’s going to only speed up from here. So, you know, enjoy it. Right? We got the combination of the innovation revolution, the Trump economic miracle, and an ocean of liquidity in the US and globally as well. Not to the same extent, but still money everywhere. And combine that with the fact that now we have the wild west of free market capitalism. Go make your money. You do what you want to do.

Don’t hurt people, don’t break law, but go. The government’s not going to be your enemy anymore. It may not be your best friend, but, but he’s not going to Be your enemy. He’s not going to impede your progress. Go build, go create jobs. Go, go, go. Right? And this is all about animal spirits. And this is why this market’s going to soar.

[00:24:57]:
Trump knows it. He’s creating everything for that to happen. And I think even, honestly, I think we’re the biggest bulls anybody on this podcast has ever heard. Right? We’ve had them for three years, for actually longer, because we were saying this stuff before we published the book. So we, we’ve actually been saying a lot of this since 2021. But the point being, look, I don’t think even we’re bullish enough. The innovation revolution. Cathie Wood may have this better than anybody.

I got to give her a shout on this. She takes a lot of heat because her stock picking process is not that great. It can be terrible. Okay. I don’t know how really they manage their portfolios, but it seems that they just throw money out scattershot and hope to have success. They’re, they’re refining. It’s getting better. But their macro research, their macro work, that’s a different story, folks.

You know, they’re talking, they’re talking about crazy numbers like GDP growth of 10, 15 a year for an extended period because of the innovation revolution, which, by the way, I think that was. Everybody should call it. You know what I mean? That’s what we’ve been calling it. I think everyone should. Because it’s not the AI revolution. It’s not AI. It’s so much more than that. All these a industries and new industries, all about innovation.

[00:26:08]:
AI is spawning a lot of this, without question, but this is about innovation that has never been seen before at a level that is going to. We don’t even know. We don’t even. The innovation coming. We don’t even know yet. Right? The, the, there are, there are inventions that will soon be released on mankind that we go, what you do what now? We can do what now? What? No way. That’s that. No.

Remember the time you first sent your first email and you got one, you’re like, wait a minute, I can send documents like this. What? I don’t have to wait. I don’t need a fax machine. Sorry, Paul Krugman. No, no, fax machine is not going to do better than the Internet. What an idiot. That’s again Nobel Prize winning Nobel Prize laureate Paul Krugman of the New York Times. You know, I mean, what a.

This guy is, okay, but these are the people that have been poisoning our minds. Part of the Psyop of negativity and it just hurts so many people. Kept in negative, kept them in the wrong side of the market, made them hate our own country. Okay, that’s over. We won, they lost. So let’s celebrate that by winning. Okay? And that’s what we do here. Really working hard to do it every day.

[00:27:18]:
Look, we are very long cold and silver have been for a long time. As you know, probably the mining stocks are starting to go now. And I just put this out in a parabolic update a bit earlier today. We just had a very good options trade in GDS calls and I said this is the first inning. This, the, this is going to be, this run we’re about to have in mining stocks is going to be like never before seen. This is going to be that kind of a move higher. Okay. And one of the things I’ll just, I’m off track here a little bit but you know yesterday GDX, the gold miner ETF traded like 41 million shares.

Yeah, that’s like, that’s so tiny. But in the scope of things it’s so massive. Right. That was like a look at the chart here. I think that was the highest trading volume day of the year for, for, for, for, for an update, right? Yeah, yeah. And this thing back when the miners were red hot and they’re not clear. They are, but they’re up there. The number one leading sector this year.

Right. No one’s done better than gold miners, gdf, GDXJ etc and there’s a lot of, you know, various ETFs that track gold. We just primarily talk about the big ones. But these things traded 80, 100, 120, 150, 200 million shares a day. GDX is lucky. Like, like I say, yesterday was 41 million or whatever and that was a big day. Okay. Today the volume was 25.

[00:28:46]:
Back to 25 million. Yep. But that’s even a big day. So the point being when these ETFs really, really start getting going and money starts flowing in, boy, you ain’t seen nothing yet. You think you’ve made. Do you think you’ve had a good year in these miners and the junior miners? We have, by the way, we got one that’s up over 301’s up 100% of time, you know, this year. But this run is that that’s about to happen here, especially in these junior miners companies that really have gold in the ground and it’s known to be there and it’s not a five by nine Operation. It’s a real deal.

Right. These companies are going to. Absolutely. So we’re going to make so much money in these that I got to tell you, if you guys aren’t getting together, if you guys and girls, I always say guys. You know, I hear from our female members fairly often, and I’m always surprised by it because most of our. Most. Our members are male. Okay.

Um, but we have a. There’s this. By the way, guys, I’m sorry to tell you this, but the women I got. They got you, man. They’re so much smarter. Their questions, like, cut through all the noise, and they just get right to the heart of, like, okay, that. That. Thank you for asking that question.

[00:29:56]:
I see what you’re saying. I’ll work on that. Or. Yeah, no, that is. That’s actually the point I should have made. Exactly. Thank you. You know, so please keep it coming.

And hey, refer your female friends here. And you like to grow our membership. Any female that joins with us here, you get three months. Not two weeks, three months. Free to come check us out. Because, again, we got a great community, want to keep growing it in all the right ways, and of course that. So we do get together. You guys all owe me a bunch of drinks.

Okay? We’ll go to Vegas, have a big party when these gold miners soar and the rest of this innovation revolution and. And a generational bull market happens. Let’s all agree to get together. It doesn’t have to be Vegas that that town’s really onto. Okay? It could be anywhere, somewhere fun. Find a great place, maybe a red state, and just get together and have a couple. Maybe have a golf tournament, sit around, get to know each other a little better. So I look forward to that.

[00:30:52]:
But you will be buying drop. I’ll probably pay for everything else, but you are going to buy me drinks because that’s the run we’re about to have in these gold miners. All right. I actually intended to tell Josh today I was going to do a short podcast. Of course, anytime I tell Josh or Tyler that, it always winds up being a long. Let’s go ahead and get to the. To the meat of the matter quickly here again today. Kind of.

Kind of an opposite from Yesterday. Today, the NASDAQ was up 218 points. Dow Jones had been down 350 or so. Dow Jones finished down 24. Folks, all these people that are saying seasonality in September is bad, man, they’re gonna eat their words. We’re not buying it. We’re not. We’re not getting out of the market.

Okay, we’re looking to add positions, but yeah, we, we’d love to buy on weakness if we get another day like we had on Tuesday where we have a sharply lower open. You know, we’ve got positions ready to go that we’re going to be adding. And so I think that people are going to realize real quick this market is going higher. It’s just too much money, folks. Too much money on the sidelines. People are waking up to Trump and what he’s doing. And the reality of this economy and the stock market. These dips will continue to be short lived.

[00:32:03]:
And the millennials which have led this, this retailer bonanza for buying stocks, been buying every dip. Boy, they’ve held this, they’ve had this exactly right. And the so called smart money, right, the so called Wall street smart money, they’ve been exactly wrong. And I just love that the little guy is winning. And again, millennials is one of our five big bride megatrends. Look into it, folks. We have a whole chapter in the book that’s actually Tyler’s chapter and it’s just a great chapter about what’s really happening here with the economy and the largest segment of the population. Now, Millennial generation, right? They have been, they have been shit on the reputation forever.

All, they all live with their mom and they live in the bump in mom and dad’s basement. How many times we heard that, right? And I was like, I don’t know a single millennial like that. The ones that I know are smarter than I am could find the answer to anything in about two seconds. And they’re reliable, dependable, good work ethic and they’re better than me. They’re, they’re, they’re probably going to fix all the, that we up, right, If I’m being honest, so, and always rooting for them. But that’s just a, a sliver of the reasons to be bullish into what’s happening here. Okay, underhood today again, kind of a quiet day today, but you know, NASDAQ up big, Dow Jones down just a little bit. SPF 100 today was up a half a percent.

So again, I think these dips are going to be very short lived. The Vix today, by the way, volatility index back down another 5%. 10 year yields 4.21%. We will be under 4% yields in the 10 year long before the end of the year. There is a great story brewing, a great story brewing. And I’ve been working on kind of a combination of this, okay, about inflating away our debt and what Bessett and Trump are working on. Because if you’ve noticed, the federal government, the Treasury Department is buying back our debt. Have you seen this? The Treasury Department is, it started their own brand of qe.

[00:34:05]:
They’re buying back our debt. And it’s like, I think this month was like 7 billion. It’s not huge numbers, but they’re starting that process and they’re going to make sure they do their part to drive rates lower. Banks now, you know, their, their ability is as far as the, the, the, what is it? The, the, the amount of money, okay, the, the reserve they have to keep on hand, that’s been, that’s been slashed. And the Trump administration did this so the banks can put that extra liquidity into, guess what, treasury bonds. It’s all this combined. Basically, Trump and Besson are given the big middle finger to Jay Powell and the Fed say, you know what, we’re not going to wait for you. We’re going to start cutting rates ourselves.

We’re going to start buying back our debt. Watch what happens, folks. This is, this is going to be so much fun to watch. It is going to be just so much fun to watch. And Jay Powell will go down, as I’ve said now, for more than three years, which Jay Powell will go down as the worst Fed chair in history. And by the time all the truth comes out about this guy and his Federal Reserve governors is starting to come out now, folks, I wouldn’t be surprised if there are charges brought against these people. They are criminals. The Federal Reserve is an illegal banking cartel that was established to empower the elite and be the private bankers while the rest of us got suckered with a currency debasement, destroy everything that we have that we have in life.

Okay, that’s what’s been going on here. And so looking very forward to all that coming out, but keep an eye on. I’ll try to write this up tomorrow morning. What else today? Sector watch. Oh, I’m sorry, the internals pretty flat today. I’m just gonna leave it at that. Actually, pretty good numbers today. We had more up volume in nasdaq.

[00:35:51]:
Of course you would with this kind of a day, but we also had NYSE had more advancers than decliners and just volume is slightly negative. So again, this is a solid day today. Again, at one point, the Dow was down over 350 points and that was like with an hour and a half left. It’s a good smart money hour today. Sector Watch today, not quite as good, but Again, it’s still pretty much August, right? People, kids just get back in school. Things are, are starting to gear up a little bit. It’s a process though, still kind of a summer action, you know, right now today we had seven sectors finished lower, four finish higher. Led the upstop back.

Communication services up more than. Almost up, almost up a 4% today. Tech today up 8/10 of a percent to the downside Energy gate, it was up yesterday. Big give up the games today. Oil prices are down today because OPEC apparently is trying to raise production, which I kind of caught people off by surprise. Again, that’s what Trump wants. We’ve been talking about this, right? Will Reese knows this all too well. Thank you for listening.

Well, and your feedback every day, brother. Love you, man. But yeah, this Trump wants energy prices lower. He wants to put a nail in the coffin of inflation. That’s the best way to do it. Do you see what they’re doing here? One, I know, I, I know that they’re not perfect. Right. These jabs should not be on.

[00:37:03]:
I get all that. The jabs, all, all of that. You know, none of that should have happened and there’s going to be a price to pay for that. But I’m talking about specifically to the economy and to fixing the stuff that’s been screwed up for so long. They are knocking these things out one after another. It is a process. I would just say be patient with them. There’ll be a reckoning for this.

Trump will have to answer one of these days for the millions of deaths that have happened from these jabs. And it’s only going to unfortunately get worse. Maybe there are some not cures, if you will, but there are ways to treat your system. This is something we should spend more time on, frankly, instead of just talking about the negatives. If somebody’s got, and I know Wayne has got, Wayne Root’s got some great friends in the healthcare space that have these remedies to help you deal with the issues from the jab. That’s the kind of thing we need to do a better job of sharing. But yeah, Trump’s got to answer this. It sounds like that process is starting.

I’m not giving them a pass on anything. Trust me, I’m not the guy that’s ever done that. But on the economic side and the things that matter, for our pocketbook and for the markets and our future financially, he is knocking this stuff out one step at a time, methodically. Right? And just these people are the fear of God. They know what’s coming. Jay Powell knows what’s coming. It ain’t going to be good. It’s like Fauci, right? They, they know what’s coming.

[00:38:24]:
They think they’re protected. They’re not. And I think they have sleepless nights, if they even have a soul. As far as Fauci, I don’t think he does. But you know, maybe Pal does. But they know what’s coming. They, they know it’s coming. In our commodity watch today again, gold’s been of course on a serious tear here.

We cover that a lot here at the VRA because we’re very, very, very well positioned in this group. And where did I put apologies? I thought I’d let that screen up. Let me get back up here. Here we go. Gold today up 28 bucks an ounce. Again all time high 36.19. Silver today was up 21 cents an ounce. The last trade now is 41.68.

[00:39:13]:
Clearly breaking out. Look, these are breakouts. These are breakouts of, of, of better than decade long chart patterns. This is the beginning of the move. Understand this and it’s, it’s, it’s first inning for the gold miners, folks. It’s first inning, right? There’s nothing wrong with taking a little profit from time to time. Just don’t do it in this group. I don’t, don’t do it unless you’re a short term trader.

Do not even think about it. I will come to your house and I will, I don’t know, pull your hair or something. Okay? You got to hold on to these, these miners for sure. Gold miners, we don’t have a silver minor recommendation recommended but you know, we always look. But the gold miners we like, we like a lot. What else today? Copper today flat on the day last trade. Copper is 461 a pound. Also looks right on the charts by the way.

And finally again, oil today down a buck 81 a barrel. 63.78. Finally on the day, bitcoin. Very constructive looking. Chart pattern 100 just over 112,000 right now. I puts it up at 7 cents of a percent in the last 24 hours. We’re working on some stories on this as well. But again there is no better supply demand story on the planet.

[00:40:21]:
You must own gold and bitcoin and whoever is telling you you have to pick one or the other. I mean what’s wrong with these people? What? Seriously, what is wrong with these people? Why would you have to do that? No, you don’t have to do that. Own both have a great diversified portfolio. With all these great assets, why wouldn’t you want to own both? Look at what they’ve done, right? All right, folks, that’s it for the day. Hope you had a great day and even better night. We’ll see you back here again tomorrow after the close.