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VRA Investing Podcast: The Week That Saved America. Investing and Market Optimism – Kip Herriage – November 08, 2024

In today's episode, Kip explores the landscape of today's financial markets and the strategic moves that can secure a multi-generational legacy for investors. He also discusses the "Trump economic miracle 2.0," coupled with the "R ...

Posted On November 08, 20241497
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About This Episode

In today's episode, Kip explores the landscape of today's financial markets and the strategic moves that can secure a multi-generational legacy for investors. He also discusses the "Trump economic miracle 2.0," coupled with the "Roaring Twenties" and an "innovation revolution" that signal a prosperous future. Tune in as Kip Herriage shares his unparalleled market insights, his vision for the future, and actionable advice for securing financial independence and building a lasting legacy.

Transcript

Don’t look back because the market is closed. Good Friday afternoon, everyone. Kip Herriage here with the Daily VRA Investing podcast. Hope you had a good day. What a week. What a week. I gotta tell you, it’s gonna be a little bit of different podcast today. Got a lot of things I’m gonna touch on here, but really some big picture things here because.

And I want to make sure everyone understands this. Look, I’ve done this 40 years, okay? I don’t even know how that’s possible. I honestly wake up every morning filling up in my mid-20s. Not that every day is that day, but you know what I mean? I’m excited, I’m optimistic. That’s my personality. Pretty active guy. But in all this time, this is. It’s hard to say.

You know, this is the most. Right over that time frame, I’ve had a lot to be excited about. My life, been very blessed. This is the most excited that I’ve ever been about this country. This is the most optimistic that I’ve ever been for our country. And this is the most bullish that I’ve ever been on our stock market. Understand this, folks. First of all, if you follow us here, and I know we got our regulars here on our very community, Love you, appreciate you, always love the feedback you give us.

[00:01:08]:
I think, you know, we’ve been locked in, all right? We made this decision when we wrote the Big Bribe, and we’ve communicated this pretty, pretty consistently that this is the time to be locked in. That’s been our message for two years. We called the bottom of the bear market, the birth of the bull market on the day, did it on the podcast on that day, and then wrote it up the next morning in our very letter. And in the Big Bribe, we spelled out exactly what we thought was going to happen. That is exactly what is happening. So I just say that for our newer listeners here, but the most important takeaway from this is that what’s coming up here, what’s in our. Directly ahead of us, the next 1, 2, 3, 4, maybe 8 years with DeSantis Santos, with JD Vance, or just who knows? I wonder if Ron DeSantis is having some regrets because he probably could have been. He could have been Trump’s vp, But I think this has worked out fantastic.

I didn’t know much about J.D. vance, honestly, and now I love the guy. I mean, wow, what a story. What a. What an individual. Consistent. He’s modest, he’s great family, great home life. I mean, guys built an incredible life out of not much.

Anyway, the, the whole thing, the whole thing is, it’s like a, the whole thing is like a fairy tale. It really is. And I, I don’t think I’m a Pollyanna kind of person. We’ve all had time to watch this unfold, right? What an incredible era we’re in. First of all, Trump’s election number one, to get elected in 2016. The way that he beat Cankles, right. The way he got elected and he didn’t expect to win that. He’s since admitted that, of course.

And then to have 2020 stolen from which we know now, we know without a question now. 2020 was stolen. We know that because somehow, what was it, 10, 50 million votes for Kamala just disappeared. Did they go. I don’t think they just didn’t show up and vote. Anyway, the point being that was a rigged election. We now know that for certain and there’ll be a lot. That’s the other thing that’s going to happen here anyway to finish the thought, of course, you know, we obviously now gone full circle here now he’s 45 and 47 and the way he’s won it just, just, just unbelievable is what’s going to happen next outside of the markets now I’m talking about with the best of the best now being joined at the hip with Trump from Elon Musk.

[00:03:49]:
What a day, what a day Tesla had today. Holy cow. Up 35% this week for Tesla. Our number one pound the table call. As you guys girls will know but it with Musk being there. RFK junior Tulsi Gabbard. And I didn’t know this until last night. She’s the co chair of his, what do you call that? His, I can’t remember the name.

Basically his staffing, the staffing decisions he makes and the transition team. She’s co chair of Trump’s transition team. Chelsea Gabbard. These are all Democrats. These are all. Trump was a Democrat, Musk was a Democrat, Tulsi Gabbard. Very recently. These are all pretty recently.

They’re all Democrats. And now look at what happened. It is, it is just you almost. You couldn’t make this up. You put this in a movie and nobody would believe it. It sounds too far fetched. That’s stupid. Who wrote this plot? Yeah, who wrote this plot? Come on, you got to make at least a little believable, right? And it just.

So what’s going to happen next with all of these best of the best working as part of Trump’s campaign? And by the way, that includes Us, because that includes us. Because he wouldn’t have gotten elected again or the first time had we not been. The country is all in on this too, right? We’ll leave out the minority, the losers that are just kind of crazy. Vil tell you the truth. I mean, they’re really showing, you know, their true selves, aren’t they? Just miserable people. Good God. You know, Harvard University, this is so crazy. Professors are giving students a day off or a week off to grieve.

[00:05:35]:
What? It’s at Harvard. No, I would never hire anyone from Harvard. I want somebody, as I heard this morning, that someone said, I want all the employees from Phoenix University, University of Phoenix. I want those guys. I want everybody that went to and learned to trade. I want the blue collars, you know, the heart, the, you know, the best salt of America, People that. That’s who I want to surround myself with and that’s all I want to hire. But what’s happening next here? This is going to be fascinating to watch.

All right. Gonna be fat. I referenced it this morning a little bit, both on Twitter and in my Our daily letter. You’re going to see upheavals throughout all of our various institutions, if you will, across the United States government and private. A lot of people are going bye bye, right? Law enforcement as well, FBI, the criminals, Justice Department, a lot of these people are just going bye bye. And once they’re gone, once that institutional control is no longer in place, climate change frauds, once this institutional control is gone, the real scientists, the real workers that knew, if they said anything about what they were seeing with the Fauci’s of the world, okay, at the National Institute of Health, they knew if they said anything, two things would happen. Their careers would be ruined and likely their lives would be ruined, because that’s how they rule, with an iron fist. With these corrupt individuals gone from so many different areas and sectors of our lives, all throughout America, you’re going to hear stories.

People are going to start coming forward and they’re going to say there will be thousands of these stories. It will be so overwhelming, but it’ll be a catharsis, you know, a cathartic moment for our country. That’s what’s about to happen. How exciting is this from every point of view? And I know we’re here to talk about investments in the economy, you know, in business, but just from every point of view, I just. Again, I’m not sleeping. I don’t know about you. I’ve slept like two hours a night every night this week. Up this morning at 1:00.

How can I sleep? There’s just too much to pay attention to. There’s too much going on. We got to get our thoughts collected here. Because the other side of this is this, I’m telling you straight up, massive wealth, generational wealth is going to be built here in 48 years. Things are going to happen fast. But then it won’t, it won’t just turn off, right? This is now our, this is our new America. We’re back to being the America that we’re, we always were before the criminals, you know, took over. And I don’t know, I think again, my eyes were open after 9 11.

[00:08:32]:
If you know me, you know, and I’ve written in every book, I’ve written the exact same open in the book and I’ve told this story thousands of times. 911 changed me. 911 made me a different person. And at the time, of course you have, when something happens that a big event happens, you have no idea what it’s going to mean for the rest of your life. All I knew at the time of 911 is I knew this is a huge story. I knew, I believed it was a country, maybe a world changing story. As I’ve said many times, many, many times, until the truth is known about 9 11, the world won’t properly heal. And so that’s what’s happening next, folks.

We’re going to learn the truth about 9 11. We learn the truth about the financial meltdown, the financial crisis and the housing meltdown. We learn the truth about that. Remember, no one ever prosecuted, right? We’ll learn the truth about the Patriot act and about, we already know the truth about Iraq and Afghanistan war. But so many of these stories are going to come out. And then of course, you know, for more, more modern times, we learn the truth about the pandemic. Now most of us already know that truth, but now we get hard evidence and facts and details and again, prosecutions. Yeah, yeah, Nuremberg 2 folks, Nuremberg 2.

Now, you know, no one knows how this is going to play out. I can say I’m extremely hopeful. I’ve had conversations with people that know Trump very well that have said that he’s always known the truth about 9 11. I’ve seen him in some interviews. Matter of fact, the day of, the day of 911 he said these planes weren’t built, these buildings were built to withstand something else happened here. They must have had bonds planted in the planes. I believe that’s exactly what he said. So he was suspicious as A builder suspicious from.

Right, right. From jump street. Right. So 9, 11, the pandemic, the rigged election, all of this is going to come out. There’s a lot of frightened people right now, and they should be frightened. I think they’re going to be a lot of flights to countries that do not have an extradition treaty with America, like Venezuela. All right, we’ll see if those countries take them. That’s happening because there’s a new sheriff in town.

[00:10:48]:
He’s the same one as before, but this time he’s got teeth. This time he’s got all of his deputies around him that he can count on. Not backstabbers. They’re just trying to get close to him so they can write a book and make their millions. So that’s what the future looks like here. It’s much more. And believe me, you’re about to find out how excited I’m about the stock market and about how we’re going to do in our investments. We’ve had a really good run, okay? We’ve had a great run.

You know, we have the numbers to prove it. But this is not. This is nowhere near the time to celebrate a restaurant. Laurels. This is time to dig in. Right? I don’t know about you, but I come from nothing, okay? We were very poor growing up. My goal has always been to be able to leave the kind of lasting financial legacy and other. But financial legacy, again, coming from nothing.

Not coming from money. You’re consumed with money. That’s just. I mean, that’s just a. That’s a. That’s the nature of the beast. Living in America, right? Right or wrong, it just is. We all have that.

It’s not. It’s not the best part of us, but it is part of us. And I also know it’s hard to help the poor if you’re one of them. I want to have money. I’ve always wanted to have money to help other people. People, important life, people in my community. Right? And I’ve always wanted to be in a position where if my great, great, great grandkids didn’t want to work, maybe they’re artists. Maybe they’re doing something they’re never gonna make a lot of money at whatever it may be.

[00:12:26]:
Or maybe they just want to focus on medicine, be the best doctor or lawyer they can be. I don’t want the financial concern to be their first concern, as it always has been for me until know I found Wall Street. That’s what I’m talking about. If we stay locked in here, Folks, I tell you something, Tyler and me are, we are absolutely staying locked in this. Everything that’s happening. This is my bull market. I, I, I know this. I filled it in my DNA and 911 changed me for all of this because it taught me to look at everything with a different set of eyes.

911 made me a much better researcher, a much better stock picker, a much better investment guy because it made me better at everything. It taught me how to think and how to look and how to find evil. Let’s call it what it is, how to find evil and source it out, right? To follow the money. Because before 911 I was not, I did not have this mindset. So now transitioning a little bit here because we got a lot of good things to talk about here. I just, I’ll start with this because this is, how cool is this, right? Do the markets like the idea of Donald J. Trump being our 47th president? How about this, you be the judge. For the first time today, the SB 500 crossed 6000, closing up about 5% for the week.

For the first time today, the Dow Jones crossed 44,000, also closing up about 5% for the week. Nasdaq also hit an all time high, up 6% on the week. And the Russ 2000 was our biggest winner against small caps. Right? This is domestic economy stuff. They celebrate it in style. Small caps rust 2000 up 8% this week. Again, they know the economy knows, markets know. Jay Powell yesterday, as Tyler talked about his podcast, Jay Powell knew yesterday when he said, I’m hearing that the economy is going to be even stronger next year than this year.

Right. That is a direct reference to djd. So the markets in unanimous consent today all celebrated, gave, gave Trump a big congratulations on his second term. The markets basically said maggot today, you know, and that’s the other thing. And Tyler and I love talking about this. It’s not just, again, it’s about our health too. And Maha, Maha, I guess that’s what they call it, right? With RFK Jr. And now getting back to being a healthy country.

[00:15:04]:
You know, this is going to be a complete renovation and a renaissance for all of us, top to bottom, head to toe, every part, every important part of our life and happening with a lot of people that are, that are, you know, working in our government that we actually respect and maybe that our kids will want to emulate. Get back to those days. You know, it used to be the best of us that went into government. Now it’s the scumbags now it’s the MeToos, right, that are trying just get to get theirs because that’s where the money is. Look how much wealth people like Nancy Pelosi have built from a salary that’s been like 120,000. That $125,000. And she’s worth several hundred million dollars. The Clintons were several hundred million dol.

The Obamas were seven. I mean, it’s just not, it’s not, it’s beyond nauseating. Right? And so now we can get back to an environment where, yeah, guess what? You go into government because you’re a good person and you want to do good things. So again, I know this is incredibly optimistic and, you know, maybe it is a little too optimistic, but I think that’s, I feel like that’s where we’re going at least in that direction. And that’s, that’s a really healthy thing for all of us. So this morning, I wrote this up. This morning again. We came into this week and our very first thing we said in Monday’s letter was, this is the most important week in the history of our lifetimes.

Most important week of all of our lifetimes. And as it turns out, congratulations, America. This mission was accomplished with the election of Donald Trump. And one of our big megatrend themes has been the red pilling of America. It’s real. We often, this is all happening because Americans, which you call it red pilling Americans, said to hell with all of you. We’re not going to allow this to happen anymore. And so Hispanics, black, every race in this country stood up to at least some important level above the 2020 and 2016 elections and said, no more.

We believe this guy, this is the guy we want leading us out of this, this dark, this dark wilderness we’ve been in. And so it’s just an extraordinary time to be alive. This is how I feel down to my DNA. And so again, we’re going to stay locked in. But we also just. It’s another theme of ours. We did just come out of the worst two decades in American history post 9 11. There’s, it’s not even close.

[00:17:37]:
It’s not a close second. And as we wrote in the Big Bribe, and as I’ve said many times on this podcast, we’re due, we are due for two great decades. We had two crappy ones. We’re due for two great ones. And I believe that’s what’s directly ahead. Never been a better time to be an optimist, folks. There’s always, it’s always A great time to be an optimist. There’s never been a better time than now.

And so again, we know you’re locked in. I can promise you we are locked in. I keep using that phrase, I don’t know a better way to say it, because this is an opportunity for us to really get ahead, to really leave a lasting legacy. Multigenerational. Okay. And we’re going to do it together. So I can tell you Tyler has been working on some things. Tyler and Josh and our back office team had been working on some very interesting things to make sure that we have everything we need to be able to accomplish what we want to.

And so Tyler’s spending a lot of time on this, building things out. You’ll see this as it, as we begin to introduce it. And we’ve already done some of that over the last year, year and a half. And now we’re going to make sure that the VRA has everything it needs from an organizational, from a structural point of view to accomplish the goals that we have. Because we do think we should be a pretty, we think we’re ready to grow. We’ve never really, we’ve never really marketed, we always. I built this company with clients of mine from Wall street, with consultants and members from Wealth Masters, and we never even advertised. We only started that recently.

We started that with Wayne Allen Root because Wayne came to me and said, hey, I’m getting a radio show. Would you be the first? Yeah, absolutely. And so I just continued it because it’s such a like minded audience. We get so many great people, so many of you that are now with us because of our relationship and my great friendship with Wayne, which goes back over 20 years. We’re about to do something pretty cool, by the way, with Wayne on some TV ads that’ll be on the Real Americans Voice. Also be on Fox Business. You’re going to see us, you’re going to see us take the next step. But the reason it’s important for us to have all the structural elements of a business in place is we don’t want to be distracted with the growth we’re going to have.

[00:19:53]:
We don’t want to be distracted from doing our job, which is helping you to make money and catching these trends, making sure the VR investing system is fine tuned because again, things change. You got to make sure you’re staying up with the current trends in the market. And so we need to have all that in place so that our performance doesn’t suffer and our relationship with you doesn’t suffer. So we’ll roll all that out. I think our first ad on television will be running here in the next month or so. We’ve got the script is pretty much there and you’ll see how Wayne’s going to approach this for us. It’s pretty exciting and we’ll be welcoming a lot of like minded people. You know, people that are also just like we are excited to be in this, to be in this period of time because this is a, this is a new deal for all of us.

Okay. This is a new deal for all of us. It’s going to be incredible. All right. I mentioned various system. Let’s just say this before I get to the markets. We just got upgraded last night on the very system went back to 11 or 12. We have been 10 to 12 screens bullish now back to 11 to 12 bullish.

Right. These are again, this is our highest readings on record. We were there for about four or five months earlier this year and then seasonality turned negative in August. The with the internal started getting, getting a sloppy. So we went from 11 to 10. But that’s still of course that’s still back up to truck buy territory. It’s just not as strong. We’re 11 to 12 now.

Right. The fundamentals that 70% of our very invested system are fundamentals. They’re exceptional, right? This is the best, this is the strongest structural economy of my lifetime. Again, we’ve been saying this even with Biden as president. So we were like a lone voice in the woods. I’d go on TV with Charles Payne or with Wayne and honestly it was behind the scenes. We just knocked down Drag out and Wayne was going, what are you talking about? The economy is super strong. Not the people I talked to.

[00:21:52]:
Kip, you’re going to really offend a lot of people if you say that. I’m like, look, I understand what you’re saying, but the truth’s the truth and this economy is rock solid. We might have a crappy president and we might have a lot of things, you know, morally, culturally wrong in this country. But we learn from 9, 11 and the economy, at least for the first America is rock solid. Guess what’s going to happen now. I mean Trump is coming in at a time, as we’ve said, the Trump economic miracle 2.0, right. That’s now combining with the roaring twenties and the innovation revolution. I we’ll have to come up with it with a clever name that encapsulates all three of those because that’s the theme right there.

Understand this. That’s the theme and again I hear no one talking about this. And again I guess because I’ve done this so long and again 911 taught me how to think in a different way. We see the angles. I see the angles. That’s not bragging okay. At all. But I’m just telling you I think it’s important you know this.

I see the angles now like I never have before. And the fact that people aren’t as excited and they will be the market acting like this is going to get a lot animal spirits are returning quickly. All right. And that’s only going to continue and it won’t be straight up but we are in Meltonville. We’ve said this for a month. We said it’s a Melta bull market. That’s what’s happening here. Okay.

And I, I do not think this is over. We ran a very system real quick. Okay. 7% fundamental thirds and technical fundamentals could be better investor and the technicals are near perfect. Right. We’re no, we’re just not even near overbought levels that would concern us right now. And also cinema is still just moderately bullish through greed index at 60 at least it was this morning. Also one of the big indicators we look at this is built into the VRA system is the percent of S500 above the 15200 day.

[00:23:48]:
This is, this is drastically important to understand this. We only have and again it’s going to be higher today after today. But there’s only 64.6% of the SP 500 above the 50 day moving average. Only 74.4% above the 200 day moving average. The, the key point there is until we get to 90% until these readings get to 90 frankly 92, 93. But you know at 90 we will start taking profits. But it can, it’s. I’m just saying it can keep going especially in this kind of a market with this kind of a president.

This kind of structural bull market is going to keep going but we’re going to remain aggressively long until those readings get to that level. And so those are the things we look at the internals obviously these readings I just cover with you. The very investing system encapsulates all this. And look we, we still got the semiconductors are still 8,9% from all time highs. So there’s a lot of, there’s pockets here where extraordinary gains are going to take place I think in a very short period. Certainly where we are now. We’re in the strongest three months of the year. Of course November, December, January.

So this is melt upville. It just is. And we’ll let you know when we start getting frothy. You know, I’m just telling you as much as the market’s moved, it may be hard to understand this or maybe you don’t believe it. And we’ll run our screens over the weekend because again, when these moves happen like this, you can go from middling overbought to heavily overbought pretty quickly, right? Stochastics gets there fast. So we’ll run all the screens over the weekend. But if you haven’t said that when that happens, that will only be the short term momentum oscillators that are getting bullish, heavily overbought. Then you got to look at all the others that we track and it’s going to take time for them to get there.

And we had a purity consolidation from the August highs, right? It was ugly. Remember the, remember the semis. Semis felt had a three week bear market of 28% from the August 5th highs. Brutal, absolutely brutal. And so all that takes time to rebuild. And again, that’s opportunity for us. That’s what we’ve been telling you that these are opportunities. Small caps have yet to hit an all time high from 2021.

[00:26:01]:
Opportunity. Semis down 8, 9% from their highs. Opportunity. These are the things in this kind of a market so you don’t have to keep buying things that seem so overbought. You find your pockets that have yet to move and then you pound the table on those and you focus on those. Right? We’ve been doing that of late with semis and tech and you know, they both had, even though the semis are down today, I think Tyler said he finished up 5, 6, 7% for the week. So good week. Good week all around.

Of course. Nasdaq up 7%. So yeah, our melt up, our melt up call for this bull market remains intact. Watch, I think what Monday’s going to be interesting. Okay, Think about this. All right, this is interesting. This is, this, this gets me going. Okay.

People are, what is, what are people going to do this weekend? Well, we’ve had the election. Everybody’s brains are fried, right? We’ve been fighting, you know, this, each other in this country now for it seems like since they rigged the thing in 2020. So we’re all, by the way, we’re all due to have a great weekend. Have a great weekend. Have no guilt, no stress. Do whatever you want to do. We are. Do whatever you want to.

Go out and have a great meal have your favorite cocktails, hang out with your friends, family. Go, go do what you want to do guilt free, stress free. Because we’ve earned that right. Have we not? You bet your ass we have. But, but, but think about also what people are going to be doing this weekend. They’re going to be open up their, they’re going online and checking out their investment accounts, checking out their 401ks, remember the bank accounts. They’re going to be seeing all this money they got parked in money markets. $6.5 trillion record amount, still parked in money market accounts.

[00:27:46]:
That doesn’t even include, that’s just bank money market accounts. This does not include investment money market accounts. Right. The total was like $9 trillion. It is insane amount of liquidity. So what are people doing this weekend? Oh my God. We got, we got, we got the guy. All right, we got Trump, who love him or hate him and who can’t love him at this point.

Oh my God, what a story, right? Oh, I mean, this is, you got George Washington, you got Donald Trump. I mean, is that 1A, 1B? Is that what. I think that’s 1A, 1B. Certainly Ferrari, right? Just, just incredible. But people are going to be saying, we got the guy back. We know what, what happened. And people are now, you know, saying, wait, wait, how did, how did the markets do in Trump’s first year? Well, we’ve been sharing that with you, 29 SB539 for NASDAQ tech. Right? So people are going to be thinking about all this, thinking about all of it going online this weekend, pull up their accounts, going, you know, I probably shouldn’t have 40% of my account in cash.

Monday is going to be interesting, folks. Monday is going to be interesting. We could see a rip roaring start Monday morning. And again, there’s so many other reasons to be bullish. Okay, while I’m on the topic, let’s just cover this real quick again. Seasonality, right? We know what Trump did in his first year. Reminder, we’re in a generational bull market. We’re in the roaring 2000s.

We are absolutely in the roaring 2000s. All the people that give me so much over the last couple years proclaiming we’re in the roaring 2020s. Right? Be an online or just anywhere, including Charles Payne, Wayne Allen Root. Like, dude, what are you talking about? You can’t be saying that stuff. You can offend people, going to piss them off. Like, no, but it’s still a fact. I know we have two Americans. Anyway, I’ve Beaten that horse already.

[00:29:34]:
But then we have again. The Trump is so key to important. Understand the Trump economic miracle is tax cuts, deregulation, tariffs. Tyler covered this in depth yesterday. Now combining with the innovation revolution. You want to talk about the innovation revolution? Let’s talk about the most important company, Tesla. Holy cow. Holy cow.

All right. Tesla up 35% this week. All right, now it’s at $321 this year. Hit a high of 328 today. Finally hit a market cap of a trillion dollars. Again. Remember, we’ve been there before and then went through their period of bad sales EV issues. Right.

And that again, that’s just a natural. That’s an organic kind of a birth of an industry kind of a problem. Okay, but guess what? Those issues are behind us. Look, we’ve been pounding the table on this harder than anything. I don’t know if anybody in the country. We’ve had on the table more on Tesla than us, certainly than me. I can’t speak for Tyler, but. But now people are waiting.

First of all, he’s, he, he’s buddied up to Trump. Are you kidding me? Right? And so muscle nav. Carte blanche. Carte blanche. Regulatory issues. No, there will not be regular. Those days are over. We’re back.

[00:30:54]:
We are now going to have. And some people will think this sounds dangerous or bad. I do not care. Those days are over. Right? We don’t have to worry about what the losers say anymore. We need to speak our truth into existence. How about that? Our truth is we’re getting back to a laissez faire government. Right? It’s going to be a little bit.

For, for people that aren’t ready for this, it will be the Wild West. I, I’ve been saying this for a couple of years and now we’re coming full circle. Laissez faire government means it’s out of our lives. The Chevron doctrine actually was huge. This is a couple, three months ago, was huge on this where indiscriminate government entities can’t just tell you what to do. If there’s not a law in the books, you don’t have to do it. So, yeah, for some people that aren’t ready for this, it will appear to be the Wild West. Wait, what is going on here? How are these people doing these things? Aren’t there laws against that? If you’re not hurting somebody, go build, go, go, go build.

Go crazy. You know, go do your thing. This is going to be. And what a time for it to happen. Revolution where everybody always has. We already had the technology to be able to do whatever we want to do. Right. Quickly, this magical time, folks telling you straight up, we’re entering a magical time.

Think outside the box. What have you always wanted to do? What have you always wanted to do? Now you can have the ability to do it without the government interfering in your life. And if Trump pulls off this tariff thing, the IRS may be no more, taxation may be no more. I know that sounds, he’s mentioned it. What are the odds? I put him at 20%. That’s still pretty high though, right? Because of course that’s used how we used to fund our government expenses with tariffs. So this is, it’s a carrot and a stick. The governments can, they can choose which way they want it to be, right? And then of course Musk again being buddy up with it.

[00:32:53]:
But again we got Musk now with Tesla and these four different. Musk has, Tesla has four divisions right now that are each worth a trillion dollars. Now you might go, well how is that possible? The whole company valued a trillion. It’s a market cap now just over. It’s 1.02 trillion. I’m saying that just like Nvidia got hot a year, two years ago, started getting hot, right? What was that? 2019 started getting hot on what was coming on the future. This is what the markets do. They’re, they’re the best discounting mechanism there is.

So when you, when if I, I’ve had people tell me, what do you mean it’s going to be a 10 bagger in 5 years? How in the world is that going to happen? Well, because they have four divisions that today are worth a trillion dollars each, even though that’s the way the company is not valued right now. I’m telling you that Tesla has four divisions that will each be worth a trillion dollars in a handful of years and the markets are already starting to discount it. Look, I’ve said before, I wouldn’t be surprised to see A Tesla close hit 400 by year end. That might be on the low side. The, the whole game has changed. Whole game has changed. The gloves are off. Tesla obviously.

Ev, right, Worth a trillion because it’s trading in a trillion. That’s the evs of the company. But look what’s coming behind it. Autonomous vehicles, Robo taxi, Robo cab. All right, there’s going to be an airplane as well. Just you heard it from me first. Maybe, but they’re going to be airplanes as well from flying cars that serve both purposes. That’s Coming, but autonomous vehicles, right, like the Robocab.

All vehicles, all, all, all Teslas will be fully autonomous. Right? That’s, that’s nearing. And then robotics, you know, with Optimus. Musk has said he thinks it’s going to be the biggest product launch ever. It’ll be the most successful thing they ever do. He thinks It’ll be worth $10 trillion in 10 years by itself. Okay, now, if you. If I had my way, if I could convince him to do it.

[00:35:08]:
Spin all these off, man. Spin them all off and watch his stock double overnight, all right? And then start doing stock splits. Well, if you wanted to financial engineer Tesla, right now, if Elon Musk would give me a week to put together an outline for him of what he should do. And I don’t know, I’m sure he’s got these people in his life, but you spin these off and you set up a regimented way to do a stock split, and then each division can be valued on its own merits, right? One plus one equals three. In this case, 4.4 equals 25. But maybe that’s going to happen, but it just doesn’t matter. The stock is just going to keep going up again, up 8% today, 24 bucks a share today. Up 35% for the week.

Again, we got robotics, we got EV, we got autonomous, and we have AI. I mean, yeah, yeah. What else do I need to say, right? I. I know I’m being a little goofy on this podcast, but I am. I am genuinely this excited, and I. I hope my. My excitement, I hope it. I hope it reaches you, I hope it impacts you, because I’m right about this, and we’re all going to be right about this.

We’re going to make a fortune together, and we’re going to have a massive party. Oh, my God. We’re going to have a big party. I think. I think what we’ll do is when Tesla here, we’ll do this. When Tesla is a 10 bagger, we’re going to have one hell of a party. It’ll be on the vra. We’ll fly.

We’ll fly everybody in. We’ll fly. We’ll fly the first hundred people in so they can go. But Vegas or wherever we go, right, and it’ll be a massive party when. When it’s a 10 bagger. Our cost basis, by the way, just so you can write this down, our cost basis, even though I started buying the stock at 18 in the VRA, our cost basis is 174, okay? So to be a 10 bagger. We got to get to $1,740 a year. That’s going to happen quickly, right? That’s going to happen quickly.

[00:37:16]:
There is one stock to own for the innovation revolution. Even more so now that Musk and Trump are best friends. It is Tesla. Enjoy. Keep buying. I’m not a big fan of margin accounts, but in this situation I probably would. Home equity loans to buy Tesla. Yeah, I think that’s bad advice, but I’d probably do it.

No, I’m not, but I wouldn’t. If that’s your best option to free up some money to buy Tesla, then you bet. You bet I do that. All right, let’s move on here. Before I lose everybody, let’s take a look under the hood today. There’s one more thing I wanted to mention here. All right, well, if it comes to me, it comes to me. Oh, Tyler covered the Fed yesterday.

Getting the Feds out of our way. That’s great news. Bitcoin. All right, let me just mention this about bitcoin. Our year in target for bitcoin has been 100,000. That’s from the beginning of January. People kind of laughed at us then. Well, it’s, it’s 70.

What is it right now? 70. Last trade, 76,500. All right. Hit an all time high of 77. Seven, I think it was. We were right there. I think that bitcoin is going to fly through 100,000 now by. I think.

[00:38:42]:
I know we only have less than two months, but I think it’s a combination we have right now of momentum because the technicals look fantastic. It’s a very, very, it’s almost a textbook breakout, the bitcoin scene. But it’s the massive buy side volumes. Okay. Institutional buying is coming into, into bitcoin is just unbelievable. And now we have the bitcoin president, Right? So there’s going to be no regulatory issues. The head of the sec, Derek Ginsler, is Gonzville. He will never bother the bitcoin community again.

And the replacement is going to be a very pro bitcoin guy. Trump’s already said this. He’s going to have a strategic bitcoin reserve. That’s going to happen over five years at least. This is the early read on this. Over five years, they’re going to buy $74 billion worth of Bitcoin. That’s a million bitcoin at this price. And if the US does it, how many other countries do you think might do that? How many other sovereign wealth funds already know that Trump’s going to do it and they’re front running him.

So I think 150,000 by year end would not surprise me. Would not at all. I would be surprised if it just goes ballistic. Okay. So yeah, make sure you got your Bitcoin or we use here we use Arkb. If you, if you want to buy, you know, an etf, a Bitcoin etf. We like Cathie Woods. Bitcoin etf, Arkb.

But that’s, that’s it again. Precious metals miners. You know what, I wrote that up this morning. We’re just going through a technical shakeout now. That bull market will continue as well. What if the rumor were to get out and I have heard this possible. What if the rumor to start getting out that the Federal Reserve is going to be rejiggered if you want to use. It’s going to be restructured, if you will and that maybe we are going to have a monetary system backed by gold partially.

[00:40:40]:
There’s not enough gold to go around to do it with the level of debt the money printed out there. But what if the US was to go back on either Bitcoin, a combination of Bitcoin and a gold standard. What do you think might happen to gold and to Bitcoin? Look, and then other countries do it right. This is how we heal the world. This is how we make things right for so many people that have been screwed over time and again by fiat currency money printing. Because all this done is destroyed our economic way of life. Three decades ago, one income, one income was enough to propel a family, let a family grow, take, send their kids to college, etc. Etc.

Right now, barely two incomes do that. There’s only one reason for that. It’s the Federal Reserve. It is money printing. The devaluation, the devaluing of our currency has destroyed our financial life. We can reverse all that. Let’s get back to that. It’s going to take time, of course, but maybe our, maybe our grandkids will grow up in a very different world.

I think they will again. There’s so many avenues to be excited about here. I’m having a blast to let my mind wander. I think we should all do that. That’s how we create things. We think about it, right? What you think about, you bring about. That’s how we visualize it into happening. I think that’s why Trump is president and that’s why we are where we are.

RFK Jr. Tulsi Gabbard, Elon Musk and I’m leaving off Vivek Swami. I wasn’t a big fan of his and I love the guy now. So these are all great people. Trump’s new chief of staff. Wow. Susie. Susie Wiles, a genuine badass right behind the scenes, doesn’t want the president published.

[00:42:33]:
How rare is that? She wants to do her job. She wants to make Trump’s job easier so he can focus on the important things, not worrying about punching down or replying to some moron, just trying to get a reaction out of him. This is an opportunity for Trump to really leave. I think he knows this. This is his opportunity to leave a legacy that lasts. This is legacy building time for Trump. If you watch his acceptance speech, right, you saw 40 people on stage of Trump family, right? Friends, that’s he’s doing it for that, them. This is the legacy.

The Trump dynasty has been born. Can we agree on that? Yeah, we can. Wow. And these are all the people that Trump wants to do right by. In other words, build a legacy that you be proud of and actually don’t have a problem with having your last name being Trump. Right. Those days are over with. Right.

It’ll take time for the idiots to be removed from our system, but they’ll weed themselves out because they’re just going to sound like crazy people. They already do. But now, you know, 90% of the country are going to say you sound a crazy person. Right? So, again, it’s just, it’s a magical time. Hey, I’d love to hear your thoughts. You know, if you got some, some thoughts or ideas we haven’t thought about, bring them to us, because guess what? We are one person away from, from Donald J. Trump, and that guy’s name is Wayne. Wayne re already knows I’m riding his coattails to D.C.

whatever, you know, Trump’s got to take. Trump’s going to take good care of Wayne, and I’m going to make sure that somehow Trump takes care of me because I’m Wayne’s friend. Wayne knows that I’m not kidding when I say that we’re close enough friends. I think he understands I am going to be right there with him. And so these good ideas you have, you know, a lot of you have already sent your ideas in to Wayne or to me, and guess what? They’ve gotten to Trump. So let’s keep that going. You got some great ideas. Let’s.

[00:44:34]:
Let’s get them in. All right, let’s go to the internals today. I’m gonna go through it real quick. Internals weren’t great today. By the Way I’m looking, I’m gonna, I’m gonna say 1 1/2 to 1 positive roughly for advanced decline. Volume was 1.3 to 1 positive NASDAQ and actually down a little bit on NYSE. But we had 715 companies hit a stock 752 week high. Just 160 hit a new 52 week low.

In our sector watch today we had just eight sectors managed higher forfeited, lower utilities that bonds as we told you the highs were in rates. Bonds now are growing, very rising, very bullish for utilities up 1.8% today. Real estate also bullish, lower rates of 1.7% today. The downside, not much to speak of at all. Materials down 9, 10 1% at the materials related companies a little bit weak today in our commodity watch. Again the shakeout that’s happening in gold is completely understood and it’s really very simple. Number one, as we told you last week, gold hit our most overbought designation extreme overbought on steroids. That’s when bad things happen and that’s what happened at the all time high.

We told you that then. So now it’s a shakeout. You know, we don’t need to know the news. We just, you know, technically it was due for a pause and that’s what’s happened. The folks that are saying gold is going to keep going down and they’re very wrong on this are saying it because they say it’s a good reason by the way, that we’re not going to have the geopolitical tensions and concerns that we had under a Biden or would have had under a Harris administration. Boy, that’s, isn’t that, isn’t that the truth? Right? That the truth. So without that gold it’s not, don’t need to flight the safety trade. Right? But that’s not why gold’s going up anyway.

It might be a small part of it, but gold is broken out into a massive bull market. It’s in its own bull market for its own reasons. And who knows, maybe it will be part of our currency going forward, backing it for the first time since Nixon took it off in 71. Boy, if Trump really wants to cement a legacy, put the US dollar back on the gold standard to at least some degree. Do the basket combination of bitcoin and gold and I guess some silver and put some doge in there if he wants to. I know we have a lot of Solana fans here. It might be ether build a basket of things and use that to back the dollar that go over really well, by the way. And gold skyrocket on that.

[00:47:07]:
Gold today down 8 13, announced 26 91. Silver down 43 cents an ounce, 31.42. Copper down 12 cents a pound at 4.31 a pound. Crude oil down 2 bucks a barrel at 70 42. And finally the day Bitcoin. Final fresh quote here is 76,433. Hey folks, again congratulations to us, all of us, right? Congratulations to America. Enjoy your weekend.

You deserve it, right? Stress free. Guilt free. Enjoy yourselves. We’ll see you back here again with a very letter first thing Monday morning. Bye everybody.

Podcast Newsletter

Listen On

Time Stamps

00:00 Locked in decision: predicted market, political outcomes.
06:06 Institutions upheaval leads to exposure of truths.
08:32 9/11 changed me and the world.
13:07 9/11 enhanced my critical thinking and investing.
15:04 Renaissance coming; government workers' integrity criticized.
19:53 Focus on VR investing and market trends.
21:52 America's economy is strong despite political issues.
24:57 Current market is nearing an overbought condition.
28:06 Comparing Washington, Trump; market reflections discussed.
31:13 Laissez-faire leads to Wild West conditions.
35:08 Spin off divisions, increase Tesla's stock value.
36:44 Flying first 100 people for 10-bagger celebration.
40:40 Return to Bitcoin-gold standard heals economy.
45:51 Gold isn't rising due to geopolitical tensions.
46:25 Gold enters bull market, possible currency role.

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