In today's episode, Kip dives deep into the remarkable surge in Tesla's performance, highlighting its significant rise to $471 in after-hours trading. He emphasizes the importance of holding onto high-volatility stocks like Tesla and Bitcoin, also strategic buying on pullbacks. Drawing parallels to the historic dot com bull market, Kip discusses the ongoing innovation revolution driven by AI and tech giants such as Nvidia, predicting a potential bull market of unprecedented magnitude.

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 great day today. Hope everything’s fantastic as well. Have a lot to talk about today. Interesting stuff, especially if you’re with us as a VRA subscriber. But if not, hey, welcome to this podcast.

Love having you with us. You know, we like to keep it real here. Meaning that while we have a private subscription service for our subscribers, we also want to make sure that we help people on this podcast make money whether you’re paying this or not. Right? So that’s what we like to tell you about. Some of our favorite names and things that we’re tracking like as you know, probably you’ve been with us. Tesla has been wow at $471 now in the after hours trading up almost 8% on the, on the day Tesla. Check this out. Tesla now is up 86%.

[00:00:55]:
Add a couple more points now, but it’s probably like 89% after I was trading. Tesla’s up, we’ll call it 87% from the election and up 235% from the April 22 lows, which came just after Q1 earnings. And analysts got that call entirely wrong. And that, that, that happens. We’ll talk about the analysts a little bit too. Come back to Tesla later we talk about Bitcoin and this, the setup here is just, it’s just extraordinary. This entire setup for this bull market is utterly extraordinary. And, and again I’m Tyler and I talk about this all the time.

You know, I, I’m going back through my memory as much as possible to remember what, what happened, what I experienced from, from the not, excuse me, 1995-2000.com melt up bull market. And you know, we like to add some of that, some of that color here from time to time. As thing that keeps coming back to me is hold your winners. If you had a, one of the biggest winners and we do, we have Tesla, we have Bitcoin. If you hold the winners, then don’t be, just don’t sell them. They’re going to be volatile, right? Here’s the thing to remember, they’re going to be volatile. Every day won’t be like every day the last four month, four weeks has been for Tesla, right? Just an extraordinary. Move higher and you will have shakeouts.

But use those to buy, keep some cash. Use those to buy your favorite stocks. And your favorite stocks are not the ones you’re in love with emotionally so to speak or your favorite. Oh, this has so much potential. By favorite I mean the one you own that’s going up every day. That, that’s, that’s what you want to just, just hold and then buy on pullbacks. Again, I didn’t know what I was doing at the time. We were a couple of years into that bull market but we even hit us that okay, this is, this isn’t just bubble.

[00:02:53]:
These, these aren’t just, you know, 5, 10, 15 stocks that are going to go up and then, and they come crashing right back down again. Dot com. Just, it does mean something. But it took, and we’d never experienced anything like this, this tech revolution took place so it just took time to get acclimated to it. But after that it started becoming, patterns were now, were now taking place, right? It became more predictable. You could combine technical analysis with fundamentals because we were learning about these companies and of course all it took was a little bit of, you know, the first time you buy something online you go oh, okay, okay, well it’s going to take a long time to get where we need to go. But yeah, I can see the potential there. But it took us a while to get there and understanding the infrastructure build out that was required to take place.

So that’s what I think. Again, I don’t hear, I don’t think I hear a lot of people talking about this, but it’s this connection to the dot com melt up that I think is really significant here because these companies have come full circle. These companies have gone from a really good idea and an outrageous market cap to a very reasonable market cap. And it is. Don’t, don’t, don’t, don’t, don’t believe the, the, the perma bears and the, and the scaremongers, okay, telling you these companies are priced at higher than they were in dot com. That’s all nonsense. These companies have come full circle. They’re legit, fully legitimate now in every, every point of view.

And now we’re entering with these companies that are flush with cash, don’t need debt, right, and just can’t hire enough people. Now, now these companies have come full circle. They’re ready for the innovation revolution and we’re just now entering that. The AI started it, right? Nvidia kicked that off. But we’ll talk about in a minute. Nvidia is not. We don’t need Nvidia. How different is it again? This is textbook stuff folks.

[00:04:50]:
Textbook bull market stuff. I’m telling you here. For how long did we need Nvidia because it wasn’t going up. The chips, all the chip stocks were going down, all the semi going down. And that usually meant the market was going down. It was Nvidia or bust. How many times we hear it called the most important company in America and the planet. That was Nvidia for a long time.

You know, they’re their first quarter in last year was their coming out party. And it also happened at the same time to save Silicon Valley. Remember, there were banks going under, three, four, five banks going under in California. And this took that the AI story removed the banking crisis from our headlines and that was a massive buy the dip opportunity. And yes, we did take advantage of that here. But anyway, so yeah, the parallel to 95 to 2000 is important from a lot of different points of view. And it just all for me, and I’ve said this before, I’ll say it again, this is, this bull market is everything my life’s work was done for this moment in time. I believe that.

I haven’t written that up yet. I maybe hinted at a couple podcasts. My wife Cindy’s probably really tired of me talking to her about this. She’s such a very sounding board and really helps me to clear my thoughts. Right. She’s a great listener, she has great questions. But you know, this is going to be that bull market that people can’t even believe is happening. Bigger, broader, longer lasting than dot com.

[00:06:42]:
This is it. It’s, we’re, we’re still, we’re still just getting started. This is going to be an insane period of time. I hate to, I hate to go too far there because it sounds like tip, what are you smoking? But I see this as being an era. Last Trump calls it a golden era. See, when Trump speaks, sometimes you think he’s just, you know, blabbering or repeating, you know, his stick, but he means these words. And when he talks about the US Entering a golden era, I don’t think enough people are taking him literally. Look, I’ve had my problems with Trump, so I’m not a Pollyanna.

I’m not, I’m not a, I’m not a home team guy for Trump all the time. Okay, I think most of you listening to me know this, right? But I also believe in telling the truth as I see it. And when he talks about entering a golden era, I think people should take it more literally. I am, because I can see this playbook unfolding and that means we’re entering an era of unbelievable wealth accumulation. This is Morning in America again. Think about going back and to when things were peaceful and when we were safe and when we didn’t have a government, there was our enemy. But you know, we could actually rely on them and we trusted them. So I don’t know exactly what decade that was.

Right. But you know, this is, this is that era, hopefully war free, maybe even soon, disease free, certainly CDC free, if you will, FDA free. I’m sure those organizations are needed for something. We’ll figure out what that is. But this is again, said a lot. I’ve been saying this now for a long time. We had the worst 22 decades in American history after 9, 11. And there’s not a close second.

[00:08:38]:
I’ve thought this through, I’ve worked it through. If you want to challenge me, come at me. But I’m telling you, you’ll lose this debate because with what happened to the assault on our, on our liberties in this country has never happened before. That alone makes it the worst two decades. But again, so much, so much bad happened. And I postulated that, you know what, it’s time for a couple good decades, you know, and just look at the way this, this map is unfolding. Look at this, right? I know it takes a little bit of faith. Yeah, we got some problems.

I’ll tell you the truth. Most people I talk to are barely even believing what I’m saying. They don’t believe it. Online, social media, I get very, very few likes and retweets And I’ll get DMs saying, Ben, you think, you really think so? You think so? But people are even, they can’t even talk about this because they’re still struck with fear and still in shell shock for what our own government has put us through in the last couple of decades. So it’s going to take people time, but there are enough. There are a lot of very bright people. I know a lot of you on this podcast today that do see this. And I’m telling you straight up, I see this.

Right? I see this. So if you don’t see it yet, take me my word, you know, you can blame me if I’m wrong. I have no. I’ve done this long enough, my thin stick enough that I can, I can accept the blame if things go wrong. That’s just not going to. This is that bull market. And that’s why we’ve been saying now, Tyler, I’ve been saying that for two years after publishing the Big Bribe, if you’re new with us, highly recommend you read our book. It’s every bit of it all five megatrends have held up this book.

[00:10:29]:
This book is playing out just as we. Wayne calls me Nostradamus. Right. This book is going to be something like that, I think, in a decade. And people look back and go, who are these guys in Sugar lynch in Austin, Texas, that wrote this book? How did they. How did they get all this right? But I’m telling you, we did. At least we have so far, you know, knocking on wood. Because if you’re not humble, the markets will make you humble.

They will. The markets will correct that character flaw in a hurry. I’m just trying to lay out so you understand this, the seriousness with which I’m telling you this information. Okay. Make it really clear. And so, you know, then you have the strength. If you’re. If you’re really confident about something, then you have the strength of your convictions, and you put that to work.

So you take aggressive positions because you’re like, you know what? It may not play out, but that’s why you. Stops. May not play out exactly like I’ve laid out. But I think the odds are pretty high. And again, I put the odds, 99% that I’m right. The 1% is, you know, black swan event. Maybe. Should that be higher? Maybe.

[00:11:38]:
But I am just telling you, I’m that confident of the macro story. Tyler, as well. Again, when we. What we found, when we were getting ready, we were writing. We spent a year researching and writing the Big Bribe. What we found blew our minds. Absolutely blew our minds. The truth about the millennial generation.

I’d never seen these things before. I just always accept. I was like, I don’t understand. My boys are millennials. I know all their friends. They’re millennials. And these are great kids. They’re really smart, they’re industrious, they’re super intelligent.

They’re born in tech technology. They’re smart with their money. Who are these millennials that are so horrible? Well, it turns out a lot of that was just a lie. Millennials are. Millennials are the. They’re. They’re running stuff now. They are the reason for much of what’s happening now.

[00:12:27]:
Okay, because they’re inheriting $70 trillion. That helps. And because they’re just born entrepreneurs. They love housing, they love cryptos, Obviously, they’re, you know, they’re. They’re. They’re hip to investing in ways that we were not at their age. And they’re a lot wealthier than I was at their age. I can promise you.

That’s true. So it’s things like that truth about the housing market, about the financial state of America and the consumer, which we share with you a lot here. And we see very. People talk about this. We had had the, you know, what kicked out of us online and it went on TV interviews. Charles Payne used to bust my chops about this, challenging me. What are you talking about? Consumers never been stronger before. Kip, you need to get away from the country clubs, leave the yacht club and go back and talk to the regular people on the streets.

That’s what Charles said. I’m like, but I recognize there are two Americas. I get that. But the second America doesn’t matter to the markets. That’s what I do for a living. This is where we’re trying to make our money. The markets care about the first America. And here are the realities of that first America.

[00:13:38]:
Never in the world, never in the history of the planet has anyone been as well off as the first America is in America today. And now with Trump is president again, I don’t, I don’t think it’s a, it’s, it’s a reach to think this through and go, okay, this could be, this could be a golden era. Wherever I heard that, you know, it was Trump. I said the word. I said a magical time. I’m not sure how that comes across, but that is what I think is happening here. Again, Tyler as well. And again, writing and researching that book for a year completely blew our minds.

And so that’s why we wrote the book confidently. It wasn’t just trying to sell some memberships. This is what we found. This is what we found. And this is what I see based on my career and how all of these facts are going to line up for the markets, which means big bull market. Right. And now with Trump again, that’s the fun part. Okay, what else? Today, this week is a big week.

Of course we get. The Fed rate hike is going to take rate cut. I’m watching too much tv. The Fed rate cut is going to take place on Wednesday. There is no question about the Fed is going to cut rates and they’ll cut by a quarter of a point. If that sounds familiar, we came into this year telling you the Fed will cut rates two to three times. We’re probably the only people that never changed our opinion and never, never changed our forecast. That’s it.

[00:15:03]:
And this is what’s happened. So, yeah, we do tend to get some calls. Right. Hanging with us folks. And then after that, you know, they’ll continue cutting. Inflation is not coming record cover the slot inflation is not going to come rolling back. Interest rates are not headed higher. Okay.

And the markets just don’t care anyway. Okay. So again, this is this big macro story happening here that with the innovation revolution and the strength of the consumer that. But it’s innovation that’s going to bring costs down so much. We talked about this a lot, but it’s a. December has played out just like it should have. Look, we’ve had these big moves higher and things that we own aggressively, Tesla, Bitcoin, tech stocks, et cetera. We had this big move higher primarily in the mag seven stocks.

Right. And Bitcoin. But other than that, December has not been kind to the markets. We’ve had pretty horrible internals. They were just mixed again today. But again, seasonality tells you that’s how it’s supposed to be. It’s kind of remarkable, especially with Nvidia kind of breaking down here. It’s kind of remarkable that the markets did not go lower.

[00:16:15]:
But that tells you about the inner strength of this market is profound. Okay. And so now we’re entering the time to be long. This last two weeks or the last second half of this month is one of the top two months of the year. And then going back to 1954 again, it’s been up 83% of the time in presidential years. So and then we have the Santa Claus rally, final five days of the year, first two trading days of the new year. And so that’s also both important and very bullish. And then we have what’s happening at the end of the quarter.

This is what I don’t think enough people talk about. You watch these end of the month moves and if there, if there are major inflows coming into, into stocks again, retirement plans, pitching funds, etc, the markets know but they, what they’re doing is they’re definitely front running this. Okay, well we’re at the seven worth the 16th of December. Now I can promise you this two weeks are going to go by, especially with Christmas being here like that. So I think we’re already going to start. I think we saw it today. We did, we saw today in tech again, NASDAQ up 1.2% today, big move higher, 100247 points all time high. But this is the textbook part as well because now the semis are leading again.

Soxl, our three time leveraged ETF which we own aggressively, it was up 9% on Friday, up 6% today. Right. And the charts just look bang on perfect for VRA vesting system. When we say give a Group a big buy signal. This is that big buy signal, right? This, this is it. And so again, the semis have been underperforming. However, I just ran these charts. The semis to SPF 100, the semi still outperformed over the last four months.

[00:18:15]:
They still have just slightly, but they did outperform. They did lead. So that I think that’s, that’s something that probably a lot of people wouldn’t think is true, but it is. So this is the textbook part. Semi SMH today. Semi ETF up 1.5%. Nasdaq up 1.25%. Semi tech.

Tech leads the raw market. There you go. By the way, Dow Jones today was our loser, down 110 points. That’s only a quarter of a percent. SVF hundred again, actions about tech here. And Bitcoin S 500 up 4 tenths of 1%. And 2000 up 7 tenths of 1%. Again, NASDAQ today 1.24%.

And that is all time high for Nasdaq. And so this setup in the semis is just perfection. We’ve had this rotation. It came out of the semi. Somehow the market still kept going up again. That’s what told us internal strength here. And now the rotation is coming back into hard, into a hardware, hardware, you know, instead of software. And that’s what Tyler’s been outlining for you in his podcast.

[00:19:16]:
So. Well, these rotations are both extraordinarily bullish and they are textbook. They extend bull markets. So one sector gets too hot, that’s all right. The one that we sold off. Let’s bring that back to life, you know, and so a lot of people are following the same kind of screens that we are on this. And so this is becoming much more predictable, very reliable. And that’s why we’re pounding the table on the semis here, by the way.

They should be breaking out. There’s a triangle pattern we, we, we drew for you this morning in our very letter. And I think today’s move will get it through that upper trend line. It will, but you know, we want to see follow through because we’ve had, we’ve had. This will be the fourth time we’ve knocked on that door from mid September. And the semis went right back again, not always to the lower channel line, but certainly would Paul, you know, pull back and just give us that churn, that sideways action. Right, but, but I think we’re very close to breaking out. We won’t see follow through now, and it doesn’t mean it’s got to be up tomorrow, but we want to see follow through consistently.

We want to see the semis contain. We think they will, you know, as I wrote this morning, if the size were to break down beneath that, that triangle pattern, say broke, break below the 200 day, stay below that for more than seven days. That’s, that’s our, that’s our bogey. We would be flipping our short term views on the market just like that because the semis do lead and the semis we’re going to break down. That means we got trouble coming now. It doesn’t mean, you know, we sell everything and the bull market’s over. It just means the market’s about to go through something else that it’s got to experience. Something else has got to happen here, right? And so that, that’s, that’s how we would, we would take profits in a number of positions.

[00:21:01]:
We would be out of soxl and that’s how close we came. Think about that, right? We’ve been hitting the 200 day. It still could happen. I’m just saying, I think it’s highly unlikely that that’s going to happen. Highly, highly unlikely that’s going to happen. We are at 11 and 12 screens bullish in our VR investing system. Again, that’s tied for our highest readings on record going back 30 years. And what I found over the weekend is kind of what we talked about.

This churn that’s been taking place, this rotational action is, it’s helping the indexes work off their extreme overbought readings. We had those at the middle to end of November. We told you then this might be a rocky period because we’re that overbought. And look what just happened. We had this internal churn, right? We had the rotations, somehow the markets kept going higher, right? Fought through all that even as the semis were getting crushed. So again, this is tech. When I say textbook, that’s what it is. And now again, we got the Trump economic miracle coming up, right? Runaway freight train, folks, fueled by unprecedented liquidity, extraordinarily bullish fundamentals, both consumer and corporate.

And now the Trump Economic Miracle 2.0. It has been a long time since we’ve had true animal spirits in America. And those have to be fueled by a government that if it’s not directly in your way, it can’t be in your business. It’s got to get out of your way, let you run business, right? And it’s amazing. It speaks to the work ethic and the creativity of Americans that we were able to get this government in our lives to the point to have success. But now I believe, I hope and I believe we’re going to have a government that become, starts becoming our partner, not a threat. But they’re doing stuff on our behalf, right? They’re reducing costs, they want to bring down our debt, they want to loosen regulation so we can just go, go, go be the alphas that we are, right? Give me a great environment for alphas. Great environment, business, own owners.

[00:23:00]:
And that’s where I believe what we’re coming back to. And again, most people aren’t ready for this. They can’t, they can’t envision it. Okay, but we started telling you about the red pilling of America a couple years ago, how we do there. That was one of our megatrends, the red pilling of America. Changing everything, folks. Just changing absolutely everything. Let’s talk real quick about bitcoin and then I also want to thank Ed McCarran.

Let’s talk about bitcoin. I’ll get, I’ll come back to that topic in a second. Bitcoin today again. Tesla. I want more thing on Tesla. I’m sorry, this is remarkable. This is, this is absolutely remarkable. I want to pull this up so I get it exactly right here, okay? If you’re looking for another reason to be bullish on Tesla, like there’s not enough already, but listen to this.

Of the 57 analysts that follow Tesla, only 25 are bullish. Can you, can you believe this? Can you even believe this? Not even half are bullish. 57 analysts cover them. 20. Only 25 are bullish. 14 are bearish and 18 are neutral. The 32 of the 57 are either bearish or neutral. It is extraordinary and you know, it.

[00:24:26]:
Just again, we’ve, we, these are smart people, by the way. These, these are not dumb people, right? And the reason that they get things wrong is because of group think. You know, you, you give me one of these people, Wall street, an analyst or something, give me them and let me sit down and spend a couple days. They’ll, they’ll blow me away at the brilliance. I promise you this. They may not speak our lingo the way we see the markets, they may not use our investing system the way that we deploy it, but they would certainly be very book smart. So the point is that it’s because the group think, because they’re not making a decision on their own, they have to get into a room, hash this out. The loudest voice wins.

You can imagine. It’s just, it’s a Horrible environment and a horrible setup to really have people beating the markets and being right on stocks. The same thing applies to money managers. These money managers don’t work on their own. They’re part of a team. So they kind of act as a team. They’re part of a brokerage firm and they’ve got to act within the constraints of that brokerage firm. And so by the time they put out their final opinion, I know this from experience, half the people’s names on that report do not even believe it.

And they’ll tell you privately, well, that’s what we put in the report. But listen, here’s what, here’s a trend we think is happening right now. Why don’t you put that in the report? Well, you know, we had a group meeting and it just didn’t make the final cut. There you go. Right. And so that is the group thing that allows us to make money from these economists and from these analysts because again, they’re brought on their own. But man, the final product is really not what they think. Right.

[00:26:10]:
It’s groupthink and it’s the destroyer of everything. Certainly destroyer of investment returns and getting economics right and the fundamentals right. I can promise you that much. I thought you might find that interesting. I mean, that tells you why Tesla’s going to keep going up right there. Over half the analysts don’t like it. Crazy, crazy, crazy. What a story.

All right, let’s talk about Bitcoin real quick and then we’ll get to the rest of the markets here. By the way, Dan Ives, the extraordinary. Now this guy knows his stuff. Dan Eyes tech analyst with Wedbush securities, has been all over this AI revolution, okay? And he’s in these, he follows a lot of stocks, but he did just up his price target on Tesla to 515. All right, that’s going to be a 2025 target one year, if you will, one year from now. Again, Tesla right now is 470. So that’s not that big of a target, is it? See, that’s not what he, he really wants to tell you. He’s got a much bigger target too, and that’s what he says.

Next is our bull case, right? Our most, our most ridiculous high price for 2025 will be 650 a share. I’m sorry, I don’t think that’s high enough. Look, we, we’ve called it a 10 bagger for us for within five years where our cost basis is 174. So you know, 10 bagger would only be 1700 a share, we’re 470 now. So this thing is going to run a lot faster. It’ll be 2000 within four years. And actually think it’s really going to speed up. This is going to be an insane stock to own.

[00:27:39]:
All right, same thing with bitcoin. I’ll just tell you quickly. Over the weekend, you know, Trump reiterated his commitment to a bitcoin strategic reserve in an interview he did. So that, that, that gave bitcoin a boost over the weekend. Of course, it all time high overnight and it’s essentially at one now. It’s just off a little bit from the highs, but it’s the volume that’s coming in. Again, demand is swamping supply. Okay, that’s not even a fair enough word.

Swamping does not, it does not get the job done destroying. All right, Demand is absolutely, utterly destroying supply. So that alone is a recipe for a meltdown. But these Whale alerts, okay, there’s a group called Whale Alert and they track major crypto transactions because you obviously on the blockchain, they just showed over 27,000 bitcoin worth 8, 2.8 billion has just been moved off the major exchanges, off the major exchanges to their own. Like a private wallet, right? That means they had no intentions to sell it. They want it held privately. Maybe they’re transferring it. Maybe there’s another big buyer out there, right? So again, all these things are happening now.

The government has made a commitment to his bitcoin strategic reserve. Just extraordinary. Other countries and sovereign wealth funds are about to do the same thing. They’re all going to be doing this. This is why this move is also just getting started. And then the other big news of the weekend was It’s a MicroStrategy CEO micro strategy. I’m sorry, they just got added. They’re being added to the NASDAQ 100.

[00:29:22]:
That, that effective date is December 23rd. The Trump endorsement of bitcoin has had a big effect. A lot of people that would not even consider buying bitcoin once Trump backed it and said he was the bitcoin president. Boom there. And we saw it. You know, I’m sure most people, you know, it kind of taken the same act. Hey, they all took the jab. Why wouldn’t they buy bitcoin? I mean, I’m sorry, but may not be a great analogy, but it is real.

And so that’s happening. The demand is coming from everywhere. It’s going to get crazy again. Our target at the beginning of the year was 300. We didn’t raise it to 400 back in July or something. And again we’ve flown through that. Our end of February target was 200, was 100. Apologies.

Our end of February target was 500. Yeah, 500. And now we’re gonna, we’re about to get there. So again, just a great story, but his endorsement is worked absolute magic does the combination though. We think we’ll hit our. We have a two to three year target of 250,000. This recycle high, folks, I think it’s going to happen a lot faster than that. I think, I think it could happen next year.

[00:30:43]:
I really do. This is, this is, that kind of, this is going to be a real like a tulip mania kind of a bubble move. Okay. This is going to get crazy and you probably own the winners now. Just don’t sell them. All right, let’s take a look under the hood today. Again, not great. Internals today.

Refresh. NASDAQ was positive. It should be positive. Advanced decline. Look how much it was up, right? But it’s only positive by about 100 issues. That’s not bueno. NYSE was negative about 500 issues. Advanced decline.

Volume, volume was significantly higher and more positive for NASDAQ we had 2 and a half to 1 positive. NASDAQ volume in YSE volume was negative by what is that right At a billion shares. So these are not great numbers. We had more stocks in 50 week low if it’s too high as well. So it is important now the semis are leading. This is what we, we’re telling you we think is going to happen. The semis led today. Tech led.

[00:31:46]:
It was led by the semis. And now the market is going to start broadening again. Right. We’re going to get back to better internals. This move, this seasonally bullish move into year end is what we’re forecasting to take place. The sector watch today again also not, not good. This has not been strong. These readings have not been strong whatsoever.

Today we had 1, 2, 3, 4 sectors finish higher and at 7 finish lower. Let the downside of energy down another 2.1%. Healthcare down 1/4% to the upside. Consumer discretionary up 1.7% strong. Economy and communication services up 1.3%. That’s all time highs. And Netflix and Amazon, right? Or Amazon. I’m not sure that was Netflix.

No, not quite an all time high but very close to it in our commodity watch today again. I put out a piece today for our Parabolic options members. This is the most seasonally bullish time to own gold in the miners. November, December, January. It’s the Trump election that’s throwing people because they don’t have a price in how strong is the dollar going to be? Oh, are rates going to rise because of strong communist Trump? These are not, these have not been positive themes, positive macro themes for gold in the miners, but they’ve held up, right? They are not reversing. This is the beginning of their bull market. Matter of fact, as we said, until the miners, and more specifically the junior miners start really cooking with gas, until that happens, this bull market, impressionable miner hasn’t even started yet. Okay? Hasn’t even started yet.

[00:33:29]:
So we’re very patient here. We should continue to buy dips. And we’re also buying, of course, our very 10 baggers in this space as well. Gold today is down, down five bucks an ounce at 26.70. Silver up a penny at 3104. Copper flat on the day at 419 a pound. Crude oil. Oil down 64% of barrel today at 70.65.

And again, finally, bitcoin. Now, last trade of the day, 106,000. Just over 106,000. The high for the day was just under 108,000. Here we go, folks. Appreciate you listening. Hope you had a great day and even better night. We’ll see you back here again tomorrow after the close.