In today's episode, Kip kicks off the week with a deep dive into the surging stock market, where all of our major indexes finished higher, and the Nasdaq and the S&P 500 closed at record highs. Despite this massive move higher, sentiment indicators continue to show overwhelming skepticism from investors. He also covers the all-time highs for both Gold and the Gold miners, and why this move higher will continue. Tune into today's podcast to learn more.

Don’t look back because the market is closed. Good Monday afternoon everyone. Kip Herriage here with the daily VRA investing podcast. Hope you had a good day. I hope your week is fantastic as well. Welcome back to another good, good day to start the week here. Nasdaq finishing up 277 points. I think that’s right at the highs of the day.

I was a little busy today on some other projects, but I think that, I think that’s right there. And actually every index finished higher. So a good comeback because we had at one point today the Dow Jones was down decently but, but we didn’t see much damage at all today. What’s, what’s amazing about this. I’ll come back to a lot of topics here today. What’s amazing about this is we’ve had this, this incredible run and we’re overbought. Matter of fact, we’re, we’re, we’re at what we call approaching our most overbought indicator on the VRA investing system. We call extreme overbought on steroids.

And it just doesn’t matter. And I explained this this morning. I’ll walk you through it in just a minute about what’s happening here because this is a meltable market and in a true meltable market, this is what we’ve been telling you. This is, this is for some time. In a true meltable market, these indicators just stop. They stop meaning anything. They stop meaning anything because there’s so many people on the wrong side of this market, folks. The late last week’s AAII investor sentiment survey came in at 50% Bulls. Excuse me, bears. 50. 50% bears. We’re at all time highs. It. I voted in this survey since 1988. I think it is.

[00:01:32]:
I’ve got to be one of the longest running voting members in the, in the country. And this is, this is insanity. It’s complete insanity. I think Tyler told me the fear and reading index is kind of the same. Let me pull that up real quick. I think Tyler told me on Friday the fear and greed. I should have pulled this up a little earlier but fear and greedy index was like low 50s. He said it’s still, it’s in the 50s.

It’s, it’s up to 58. Right. But that’s just barely out of neutral territory. This makes no sense. And, and it doesn’t just apply to the broad market. We talked about this so often. Do we not the gold miners once again today, gold at all time highs. Right? Our Vista gold today up 20%, folks.

Okay, so we’re up 500. What? 530. 540 now in Vista Gold. And it’s. I’m just telling you it’s still cheap. It’s still cheap. The market cap of the company, total market cap. Even though again this stock has gone completely parabolic.

[00:02:36]:
Total market cap is only $274 million sitting on a 5 million ounce gold mine. Likely the largest undeveloped gold mine in all of Australia which is a mass, you know, I think it’s the top two or three gold mining provinces in the world. So makes no sense. So we’re again, we’re seeing things that don’t make sense. And if you know me well, you’ve heard me say this a few times when I see things that don’t make sense. Number one, I want to find out what’s going on here. What, what am I missing, right? But the other thing is it’s like it, it drives me crazy. Like why cannot really.

Can we only be the, can we be the only people or one of the only people that see this? What are the odds? There’s a lot of Kip Heritage, Tyler Heritage out there, right? What are the odds that we’re right and everybody else is wrong, you know, in essence. Right. But at the end of the day I think it just comes down to do your homework, pounce on the opportunities. And that’s what the miners, that’s what specifically our miners represent. Because we got this folks. We have this nailed. We have, I’m telling you, I’ve been pat on the table on this told you hand to bible, we’ve got this group nailed. We have this group nailed.

[00:03:47]:
And now the investors have to come to us and that is a good place to be. I’ll come back to that just a little bit later. A couple things to add to it again sped week this week we’ll talk about that Tesla Elon bus. Buying a billion dollars worth of stock, of course that’s chump change to him as the wealthiest man on the planet. Gold all time high. And I gotta just say this before I forget it. Gold all time high. Okay.

Today that’s like it’s 24th all time high this year. And GDX the gold miner ETF, which is again it’s going parabolic the total volume today after everything that we know is going on in this group, right? These finally these miners and junior miners are starting to get hot. Matter of fact they’re the number one performing sector in the country, which is what our prediction was was back in early January when we made it this this would be the year GDX finishes up over 100%. Well it’s there, right? 100, 405% GDX. Even in light of all of that, the volume today in the ETF GDX was 16.2 million. That is utterly insane. That is. That makes no.

It’s like an alternate universe. Like what? Oh is this a simulation? What is going on? Because that just makes no sense. GDX right now should be trading every day. 60, 70, 80, 90, 100 million shares. That’s what it’s done in the past did a decade ago. And now instead of gold being a thousand dollars an ounce, gold’s 3, 700 an ounce. Again, this makes no sense. What does it mean? It means just like we’ve told you on the, on the, on the broad market for three years now that the buyers were going to show up because we had a major move coming.

[00:05:33]:
The buyers are going to show up and we have a major move coming. That’s what’s going on with gold specifically in the miners because that’s where the leverage is. And I don’t know, I don’t know. I don’t know what it’s going to take. Maybe it’s going to take a massive buy out of a junior maybe the buy. Maybe when Vista Gold is bought out and I still think that’s what’s going to happen in that I’ll enter a joint venture. I hope that’s what happened by the way. But maybe, maybe Vista Gold or some other junior gets this massive buyout.

That’s maybe it’s five times greater than the stocks trading at now from a market cap point of view and maybe that wakes people up and maybe everybody goes wait a minute, they’re buying out a company five or six or seven times more more than the market cap was just yesterday. Maybe that’ll be the wake up call. But we’re going to have a wake up call again. Take it to the bank and to Bible. This is going to happen folks. And look we again we are Extreme Robot and that applies to the broad market, applies to the semis and applies GDX actually applies to GDX more than anything. We’re talking about Extreme Robot on steroids. On steroids.

[00:06:36]:
Look at the momentum oscillators. You see what I’m talking about? But again this group is so cheap it’s. We’re in a market where it just doesn’t matter. And that really is where, where we, where we are today with the broad market. All time highs in every index Right. Powered by the three themes we’ve been talking to you about. The three major themes Trump, economic miracle, the innovation revolution, and the fact we have an ocean liquidity. This is what’s really driving it.

But now we have a new one, don’t we? Because it’s Fed week that’s going to cut rates this week. And then we’re going to have don’t fight the fake, don’t fight the tape, don’t fight the Fed. We actually have had that in place. Remember, the Fed cut before the election 100 basis points and they just refused to cut after Trump won. Because you know why? It’s get Trump. It is get Trump. As we’ve told you very often here, maybe at the risk of some peril, because this is the deep state we’re talking about here. The Federal Reserve is part of the deep state.

And that’s just the way it is. Honestly, I’m not even sure they would, they would deny that. Right. And as my good friend Jared Griffin told me many years ago and told me this very, very often, and I love this presentation that he did of the seven cartels, of all the cartels on the planet. They all work and interact together. This is Geo Rich Griffin’s work, a lifetime of work. Again, Creature from Jekyll Island. Author.

[00:07:53]:
Okay. The book on the Federal Reserve, Tyler’s. Read it, I’ve read it. Recommend it. It’s not an easy read, it’s big. But recommend you read it, you’ll understand a lot more about money and what’s happened in our society than you already do. And. But Jerry Griffin used to say, of all the cartels, there’s one cartel that’s more powerful than the others, and there’s not a close second.

And it’s the banking, it’s the money cartel, it’s those guys. And I’ve always believed he’s been right. When I first heard it, I was like, I was listening to him say it the first time I heard that speech. Because it’s a whole one hour speech he gives, and he probably gives it a thousand times over the years. And again, it was my favorite speech. I love the creature speech, but honestly, when I hear that, I get angry. Okay? When I hear the cartel speech, I’m like, I want to know how these organizations work together. Tell me more.

And that way we can try to break it down and profit from it and prepare ourselves from it. Okay? But as I’m listening to him, the first, and I remember exactly where I was sitting, everything. This is a long time ago. This is at least 20 years ago, Jerry Griffin said, and I’m ready for him to say, here’s the list. The most seven. Seven most powerful cartels. And I’m like, it’s going to be military number one, right? And he goes, the banking cartel. And I’m like, what I didn’t make? And then, of course, when he explained it, it made all the sense in the world, because they do run the world, of course.

And who knows? Might even played a role in Mr. Charlie Kirk’s death as well, by the way. Wow. I mean, I want to do a whole podcast on this, but if you know me, I try not to speak out of school. I believe in doing my homework. And, you know, like you, I’m sure, like most people, I can tell you speak for this is Wayne Allen Root as well. There’s much more to this story. I.

[00:09:41]:
I think that. I think that even Inspector Clouseau can see that there’s much more to the story than what we’re being told. There are a lot of questions. I think that the FBI and Cash Patel had may have already dug themselves a hole they can’t get out of. They told us things that do not make sense. And this governor of Utah has said things that literally are just the opposite of what he said. And, you know, because we’ve got a, you know, online sleuths because of social media, and everyone’s talking 24 7, and you pick up these great tidbits, you’re like, yeah, was that the kill shot? And I hate to be graphic about it, but that shot, they’re telling us from the. From the top of the.

Of the. Of the roof, you know, from 100. They’re saying 200 yards away. No, I’m. It’s not. It was 143 yards away. We have this now proven by some of the best people that do the sound analysis. Right? It wasn’t 200 yards.

It was like 143 to 145 yards. And now we’re seeing people go, and that wasn’t the kill shot. That may have been blank. The kill shot may have been something else, maybe much closer, maybe actually from behind him. And again, I. I don’t have an opinion on this yet. I’ve seen video, like, maybe you have, and I got questions about this. But again, you know, these cartels all work together, and Charlie Kirk made some very powerful enemies that were only growing larger.

[00:11:07]:
They were only growing larger. One country in particular that may have had a big problem. Mr. Charlie Kirk. And I’m gonna Leave that there for now. But just know that we, we are looking into this because again, everything’s, everything’s connected. You know, it’s one of the, one of the themes of our book, the Big Bribe is that everything has happened in the last 20 years post 911 has been connected and that it’s also going to be a connection to this red pilling of America and the good guys winning. That’s going to take the next 20 years in a different direction, a much better and extraordinarily good direction, which of course I still believe is going to happen.

But you know, you get a rat cornered and, man, they’ll do anything to get at that corner, won’t they? So that’s when they’re dangerous. And we all know, we all know that story. So again, we’re going to keep, you know, investigating it, looking into it, as I know you are as well. We’re not going to spend a ton of time on it here. But it is of course interest everybody. What an extraordinary life was, was lost here. You know, I didn’t watch a lot of Charlie Kirk college appearances. I didn’t, I didn’t watch a lot of those.

[00:12:12]:
I see clips from here and there. I think I speak for a lot of you, especially maybe folks my age. We’re like, and he’s obviously doing something really cool. He’s, he’s reaching high schoolers and college folks. And that’s where the Republican Party conservatives, that’s where the message was failing after Obama. But you know, again, we’re good people. Most of us are good people. We can’t imagine they would use race and gender and sex getting people so confused, knowing that 13% of the population is on SSRIs and a lot of people on hormone therapy for these deeply mentally ill transgender people.

And at least we can talk like that again. Had Elon Musk not bought Twitter, we wouldn’t be able to say tranny. We wouldn’t be. And I’ve always said training for the transports, if you know me, you know what I’m talking about. But we always called transgender transsexuals, we always call them trannies. And then if you did that on Twitter, you were, you were getting kicked off Twitter. The language police, right? And now the other side, it just can’t believe it that they’re losing jobs by the, you know, thousands and oh my God, what is. Stop it.

[00:13:23]:
What about you? Free speech. No, no. Yeah. No, no. We’re playing by your rules now. And you’re losing and your rules mean we get to come at you hard. Especially because it’s not saying tranny. It’s about threatening, being, celebrating and wanting to kill other people like Charlie.

You can’t do that. That’s not free speech. Right? That’s not free speech. That’s exciting, inciting violence, and that ain’t legal. There’s a big difference here. And of course sane Americans will, We know this, we get this right, so we’ll keep looking into it because again, this is all connected. This is everything we’re talking about, from politics, from culture to the markets to the economy. It’s all to crime, to these cartels, folks.

I’m telling you, it’s all connected. And I, I, I have a sense that something big is going to come out of this. I really do. And it could be so big in a positive way that it dramatically affects the future course of this country and other countries where of course, communism, remember communism, one of their primary things is like when they’re in the process of attempting to take over a democracy. We are a republic, of course, but we’ll say democracy because that’s what it’s been boiled down to, I guess, when, and we’re not really republic anymore anyway, but we’re supposed to, but we’re not. But when communists are attempting to kind of the final stage of a takeover of a country, what do they want to do? Demoralize the population. That’s that final step. One of the final steps.

[00:14:57]:
Demoralize the population. Makes it make everybody think up is down and down is up. Left is right and right is left so that nothing makes sense. You lose trust in all of your, you know, institutions that you’ve learned to trust from the time you were a child. And look at, just look around. What do we trust anymore? We trust our media? No. Do we, do we trust the, the medical profession? No. Right.

And so do we search our government? No. You know, so I’ll just, this mass, this will probably come across as self aggrandizing and I, I, I’m sorry if it does. But I also, I think it’s, it should be said I started the VRA for the same reasons that I left Wall Street. I could not do that anymore. I couldn’t go to work every day and have them increasingly tell me what I can and can’t market to my clients, what I can’t and can’t recommend to my clients because the firm doesn’t follow it. And you must stay in these parameters. Of course, those parameters are all the things that made the firm the most money Sickening. Right.

And, and also one of these people, I really don’t care for people that tell me what to do. Right. I know there are rules we have to all live within, but I don’t just do something because somebody tells me I have to. Matter of fact, often that makes me want to do just the opposite again. I know I’m speaking to a very common group here, so you’re probably sitting there shaking your head up and down. So. But I, we started the, I started the very 2003 because I had a lot of anger. I needed a, I needed a mechanism to release that from a Wall street days.

[00:16:31]:
And because of Wealth Masters, actually, we started wealth masters in 2005. But as we built those two companies together, as I built VRA and Carl and I, Carl, Bessie and I built WMI, it just became this, this outlet, you know, to talk about things that matter to me. And I knew from my stage appearances, you know, being with wmi, I was like, I’m getting standing ovations of two minutes after every talk I do, talking about the things that are just important to me. Right. And hoping that they’re important to the audience. And it turned out they were. Again, it’s going to sound self aggrandizing, but this is true. Anyone that worked for me or with me will tell you this.

We always passed out surveys at the end of every event. Every event, rate the speakers. We want to know again for the next event who is the best. And these were anonymous. So it’s not like somebody is trying to, you know, kiss my butt or something. But at every event we did, we’re talking about a lot of events over, you know, an eight year period. @ every event we did, I was the highest rated speaker, which always blew me away because I’ve just, I don’t like public speaking and I don’t see myself that way at all. And I mean, I come from nothing.

[00:17:40]:
Why would anyone listen to me? I come from dirt, right? So I wake up every day thinking, okay, I gotta do better than I did yesterday or it could all go away. And again, I know a lot of you feel the same way because again, like attracts like, you know, and we are a close knit community here and I know so many of you, but again, that’s why I started the vra, because I knew that there was a market for the truth as I saw it, and is that other people close to me saw it. And I wanted an outlet to be able to share that. And so that’s why we do bring all of it Together, not, you know, we used to talk about politics a lot more than we do now. Lost a lot of members over it. That just like, I don’t want to hear left or right. I don’t like Trump. I don’t like, I don’t want to hear it.

So I understand that. I really do. And that’s why I do limit it because our job here is to help you make money, help beat the market, help prepare for retirement, put your kids through college, all that stuff, you know, have generational wealth. That is what we do here every day. And that’s why we pick the stocks. We pick, by the way, because they have an opportunity to actually make that happen. And we’re just getting started, folks, just getting started. But again, this is our passion here.

[00:18:49]:
We love doing it. And this week, one of the biggest causes of, of society’s issue, the Federal Reserve and central banks is going to be on direct display here when they have their, of course FOMC meeting on Tuesday and Wednesday. Pals presser immediately follows that. But right, right after it, we get the, the Fed decision at, on Wednesday at 2 o’ clock Eastern. Okay? And there’s now a 95% probability according to CME, CME’s fed watch tool. Actually that’s of this morning. My guess is a little higher today, if I had to guess, but 95% probability that the Fed’s going to cut rates by just 25 basis points. Trump, if you heard the interviews, is saying he’s looking for a big rate cut.

I’m telling you, 25 basis points ain’t a big rate cut. That’s not what Trump’s talking about. Trump wants 1%. I want 1%. Everybody that understands that. I mean, how do I put this? So many people in our, in our line of business have been propagandized and really controlled. I’m sorry, but as sheep, because they listened. They watch cnbc, they watch Bloomberg, they watch even Fox Business to a degree.

It’s really all of them. Okay, and what do you hear? There’s a commonality of message and that’s not an accident, it’s not a mistake. And it gets us all thinking the same way, which is what they want. Well, I don’t. That doesn’t work on me. Okay. It just never has. And so sometimes that’s good, sometimes it’s bad.

But I’m always questioning what I hear the majority saying. We’ve actually made a lot of money over the years by doing exactly that. And Trump’s right. I’m telling you straight. Up. Trump is right. There should not be a 25 basis point cut. If it’s not 50 basis point.

[00:20:30]:
The just fire Jay Powell the next day because these rates are way too high. This economy is on fire. But imagine what it would be if the second America could get involved. And right now these high interest rates are killing them. People can’t get equity out of their homes or they’re afraid to. So many people can’t buy a home again. You just get the 30 year mortgage down to 5% and wow, voila, look what happens, right? It’s one of our favorite topics. Don’t get me started.

$34 trillion sitting in home equity. Oh my God. You’re not bullish enough because I’m not bullish enough. And I’m the most bullish person that I know. So just know that when that money starts coming into more housing, when that home equity comes back into the economy, when it comes into the stock market, it’s going to be Katy Bar, the door is going to be absolutely melted. We haven’t seen nothing yet like the Dow Jones right now closed today at 45,000. 8:83. The Dow Jones is going to a hundred thousand by 2030.

Nasdaq closed today at 22,003. 48. Now I think we’ll be on the low side. Nasdaq closed at 22,003 48. Nasdaq’s going to 40,000. So you know, when we first made these forecast, of course the markets have had a big move, but still nothing compared to what they’re going to have. So again, we want to treat these overbought setups with kind of kids gloves here because I think it’s way pretty much premature to be taking profits. But is it premature to hedge? This is a topic that Tyler and I just talked about.

[00:22:02]:
We talk about it often and it’s a good question here. Look, could we have, as Tyler asked me before this podcast, do you think we could have a buy the rumor, sell the news event? Everybody’s looking for a rate cut, right? And now here it comes. And now the market sells off. I. We are, we are that overbought. Yes, it’s entirely possible. But I have to say because of this ocean liquidity, I just think these dips are going to be light. I just think they’re going to be light.

And, and, and also, and this is, this is an important topic. We’ve spent a lot of time because this really intrigues me. Investor psychology, it’s always intrigued me. Again, AI50 bears. What what are investors thinking? They’re bearish at all time high after all time. It makes no sense, right? It’s because again they’ve been propagandized, they’ve been brainwashed into thinking that around the corner, next corner is a, is a market crash. It’s amazing the number of people that I speak with that believe. What do you mean you’re bullish? I’m like, are you not paying attention what’s going on here? I mean, you know what? Sign up for two, three weeks, take our trial and just open your eye, open your mind to possibly something else happening instead of a crash is coming and we have $37 trillion in debt.

I don’t care about any of that. It just doesn’t matter. And here’s why. For our new people, I always have to make this point because the media doesn’t, right? The media won’t do this. And this is, you know, to me this is like malpractice. You know when you say we have 37 trillion in debt. Sure we do. Is it a big number? Yes, it is.

[00:23:35]:
However, it’s 121% debt to GDP. Have you noticed our GDP is growing? What? Federal Reserve Atlanta Fed now estimating 3.1%. We’re telling you, been telling you that by the third quarter of next year. So by July we will have a 5% GDP growth rate. I, I don’t, I think that’ll be on the low side. I, I think it’s entirely possible it happens by year end. This market is going up for that reason because the market always anticipates. Right.

It’s a discounting mechanism. There is no, no one better but investor psychology right now. This is the anatomy of a bull market. I think that’ll be the title of my very letter tomorrow. Anatomy of a bull market. Because this is what we’re talking about. Investors like AAII fear and greed at just 59. These folks that think okay, this can’t keep happening, the next leg down’s got to happen soon.

[00:24:32]:
And that’s when I’ll finally start putting money back into stocks. The markets like this bull market don’t give you that opportunity or rarely do they. And if you get a shakeout, it is really short lived. And so I think to answer our own question about is it a buy the room or sell the news event, you know, maybe, maybe we get a big shakeout on Wednesday afternoon and Thursday morning. I can tell you that’s the case. We’re going to be looking at our very system really closely, looking at our charts and scans really closely because we got some positions to add folks, and that certainly applies to parabolic options. You know, we’re sitting here in parabolic options with no positions whatsoever. We have a discipline.

And you know, with stocks it’s a bit different. You know, you, you can get your timing a little wrong in a stock and still be fine. Oh yeah, we bought a little early, but we think it’s going to 100. It’s only 10 now. So hey, it went to eight. That’s okay, you were down some, but just Buy More, right? That didn’t work like that with options. You get the timing wrong on options and you’re dead and buried. Or you’re stopped out, most likely stopped out with a 3040 loss.

You just can’t, you cannot set your stops too tight in, in the options market because these, these are scumbags that run these, these market makers. You understand this? They see your stops and they go hit them and then boom, right back in the other direction. If you’ve used options at all, you know exactly what I’m talking about. It feels like they’re out to get you because they are out to get you, right? So you got to get the timing right. And the discipline we use is like, how can we buy here? Frankly, the thing to buy is puts. I mean, we’re that overbought. But again, this is that bull market. You see the, the hoops were jumping through mentally here to try to figure out what to do.

[00:26:09]:
But this train is leaving the station. It’s been leaving the station. Apologies if it continues to leave the station into month end. Okay. In the end of September. And this is, we think it’s going to, we’re then going to enter the most bullish three months of the year. October, November, December, with the money on the sidelines again, innovation revolution, again trump economic. It’s the most bullish I’ve ever been in my career.

I’ve been saying that for a very long time. And we’re overbought. But why would that impact at all my, our views on, on where this market’s going to go? Okay, so the potential for an extended melt up into year end is very, very real. Pro. I think it’s likely probable. I think it’s likely probable. So that’s what we have to look forward to. Yeah, Jay Powell, you know, just resign.

I mean this Lisa Cook thing, you know, we haven’t talked about this a whole lot recently, but this Lisa Cook thing is just unbelievable. You know, she’s the Federal Reserve governor that was caught in mortgage Fraud. Well, I think it’s three homes in total, if I’m not mistaken. Three homes in total where she listed all as her primary residence. All right, which you can’t have three. She did it, of course, for the tax break, for the interest rate cut, all of that. Right. And so, you know, this is something that a lot of people do and they think they’re never going to get caught.

[00:27:32]:
Most people don’t. It’s not exactly a felony. Actually, it may be a felony because it’s federal paperwork. So maybe I got that wrong. But Lisa Cook is a Federal Reserve governor. She had PhD in some kind of business or economics. I, my guess is that’s completely a sham, too. But she could have just resigned when Bill Pulte and, and, and, and this information started leaking out about her criminality here with these mortgage applications.

She could have just resigned, but she didn’t. If she resigned, it, it likely would have just gone away. You know, they got the scalp, right? They got another one of Fed Trump’s Fed people on board and they would just stop going after. They have really have no reason to. Right? But no, no Cook, because our new DEI society has convinced her that she’s special, that the rules don’t apply to her and that she knew her back pocket. She could play that gender card or that race card and get away with it. I remember saying this for the first time a couple of years ago when I said, the era of victimhood is ending. Well, it’s over.

It’s over. They lost. We won. I don’t care what vict. I don’t care if you’re Jewish and you’re claiming anti Semitism. You no. Ain’t going to work anymore. It worked forever.

[00:28:55]:
I don’t care if you’re a what, whatever nationality, whatever race you are, I don’t care. The race card no longer applies. Suck it up. Put the past behind you. Get to work, outwork me, outwork everybody, have success. That’s the name of the game. But she didn’t. She thought she could get away with it.

Big mistake. Big mistake. Now Lisa Cook is going to be prosecuted. DOJ has a case and she’s going to lose. And then again, Powell, this guy supports this nonsense with her all the way, backed her, telling her she did not have to step down. That’s what the Federal Reserve, her bosses did there. So just like, like, like with, like with Tony Fauci, right? And these, these pandemic criminals and throughout society, really, frankly, climate change, right? We’re going to learn all of this, this or the truth of that, all of this is going to come out, including Powell and his other DEI hires. So we’re at it.

Let’s. Let’s make sure he’s investigated and if necessary, let’s prosecute Jay Powell because I think he’s run. Look, we all know the Fed’s a criminal enterprise. It’s a, it’s a criminal cabal of global bankers. I don’t think there’s a person around that doesn’t. Doesn’t know that at least have an inkling about this. Right. So.

[00:30:14]:
But that’s ending, you know, that’s why one of the big reasons America’s brightest days are ahead of us. Right. Okay. By the way, put call ratio today. Again, this is the things that don’t make sense. We’ve had a big move. I get it. But you know, maybe we’re due for a shakeout.

I get it. The vix today was up 6%. That’s really nothing. It’s a 15.7 by the way. But the pool call ratio today closed at a point 86. Now that’s elevated. It’s not, you know, everybody buys buying puts, but it’s elevated. And interesting.

It was above 0.8 all day long. So you can see people are, people are buying protection. People are thinking, okay, this could be a buy the, sell the news event. And it may be, but I think it’ll be short lived. If I were going to do it, I would do it. Likely. Well, not likely. I would only do it as a trade.

Only as a trade. And only if I was like, if I be candid here, only if I was like heavily, heavily margined, you know, and I’m so leveraged up here, my God, if the market just falls 2%, I could lose, you know, you know, big money. Let me put a hedge on that kind of thing. But again, I think we’re, I think we’re in melt Upville and I don’t see anything that’s going to change my mind on that. Again, as always, you discipline, be smart. You know, avoid margin accounts. Right. But anyway, let me move on here.

[00:31:36]:
I’ve got, I’ve got, I’ve got to be somewhere. I found a squirrel today. I got to tell you. Quickly, walking, Walking. Brady, our dog. His name’s Brady because my wife named him after her favorite football player, Tom Brady, who she thinks is the most, you know, handsome guy on the planet. I actually have to, this is now pretty much my dog for walking anyway. And we go on two long walks every day and I have to call this dog Brady, the guy that my wife loves.

I have to call every time I say his name. I’m like, I don’t like the sound of that on the walk today. And I look down the sidewalk and right there’s a baby squirrel. You know, not. Not baby, baby. It like had its furless tail, had a really curly tail, but very young squirrel. Just look at me like in shock. Like, help.

I mean, it was looking up at me like, can you help me, please? You know, and I thought the minute I lean over to pick this squirrel up, it’s just going to scamper off. Did not. Just kind of climbed into my hand. So of course you know me. I mean, everybody calls me people, know me pretty well. Call me Dr. Doolittle. I love, I love pets.

At one point, I had 27 guinea pigs. I know, it was horrible, just horrible. I didn’t know they bred like they do. And then, anyway, then I fell in love with them, so. But anyway, we had four dogs. And after they all passed away, finally got Brady a rescue. Great rescue lab. So I find this squirrel, pick it up.

It’s just holding on to me like, thank you, thank you, thank you. Right. So anyway, I come home and this is gonna be my new pet. And like, yeah, that’s probably not a good idea. Called Texas Park. And first of all, our veterinarian. No, we don’t do anything like that. They gave me another number of another vet.

[00:33:09]:
Nope, we don’t do that either. Call Texas Parks and Wildlife. They’ll give you someone that can rehabilitate the squirrel and like rebuild. Rehabilitate? I just want to make sure the squirrel’s okay. Maybe, you know, get it some, some not. Not vaccines because that’s the last thing I’d want to do with a perfectly healthy squirrel. That’s young, right? Oh my God, we’ve learned that mistake, haven’t we? But just make sure it’s healthy. You get it checked out for some of these do care ra Etc.

So can’t take that kind of chance. And then as I called and talked to people, I did some research online. Like, you know what? It’s not a good idea to keep this squirrel. I really wanted to keep this squirrel as a pet. I had a friend of mine who named his pet squirrel Rocky. A three legged squirrel, always on his shoulder like his best friend. They just. It was, it was a.

It was a dangerous thing. It was really. Everyone was jealous, right? We all wanted to have that. And I’ve always wanted to have a pet squirrel. But I, I think I’m just gonna, I’ve got to be in, in about 30 minutes from me here. In a few minutes I got to take off here to drop this off with a rehabilitation person. So I’m 90%. I’m going to go and give the squirrel to her and then let her rehabilitate it.

And it’s healthy as could be. It just was hungry and thirsty and, and they like apples, by the way, they like broccoli and they like, you know, stuff like that. And then, you know, let her release it into the wild. But anyway, it was a kind of giving, kind of a fun day in the Heritage household for that reason. Let’s look under the hood today and talk about a couple other things. We’ll let you go again. The internals today were not great. Advanced decline for Both NYSE and Nasdaq slightly positive but were positive.

[00:34:40]:
Volume today, a volume Nasdaq, Nasdaq 63.9%. That’s not bad at all. A volume in nyse right at 60%. Again, these are fine numbers. Again, we’ve had a massive move. You expect some people to start to, you know, head for the exits a little bit, take some money off the table. Been one of those runs in our sector watch today. Oh and but listen, this new picture, highest lows we had 549 stocks 152 week high.

Just 119 hitting a new 52 week low. That’s pretty, that’s pretty good 5 to 1 ratio there. Our sector watch today, not as good. You can see a little leakage here. We had five, six sectors finished lower, five finished higher. Nothing either way really to the upside. Well, communication services was up 2.3%. Downside, consumer staples down 1% Again, not nothing else anywhere else frankly in our commodity watch today again, you know, you know we love this group.

All time high again in gold last trade 3719 up 33 bucks announced today. All time high again. I have to keep saying it because it sounds so good. Silver today up pretty much right at what goal was 9, 10 of a percent up 36 an ounce at 4,319 an ounce. Copper today of 1.5% at 471 a pound. Economy is in great shape. Global economy, folks. Global economy.

Copper is a great buy as in all these industrial, industrial and base metals are in base and precious metals are in great shape. Demand is especially with the US Again, the world follows us right when rates come down and our market takes off, the global economy will do the same. Look around you. I mean, we got what this year? What is it, 20, 20 markets have at all time highs. It’s not just the U.S. it’s very widespread, including a lot of major markets as well. Crude oil today was up 60 cents a barrel at 63.29. Same thing with oil.

[00:36:33]:
Once we get the inflation thing kicked, once Trump believes that’s been done, then you’ll see oil prices start to rise. That’s something we feel very confident in. That call and filing the day Bitcoin 115,339. And that’s down about 6/10 of 1% in the last 24 hours. All right, folks. Hey, always appreciate you. Listen, hope you had a great day, an even better night. We’ll see you back here again tomorrow after the close.