In today’s episode, Kip dives into the biggest market headlines and investment themes shaping 2026 and beyond. After a marathon day on the road, Kip shares quick insights on riding in his Tesla, before the hosts break down Trump’s recent address, the lingering effects of media bias, and why the latest CPI data points to a disinflationary future. They also dissect the market’s reaction to Tucker Carlson’s controversial Venezuela war rumor, highlighting how news-driven swings and low liquidity can create volatility and opportunity for prepared investors. You’ll hear why Kip believes that housing, gold miners, and innovation-focused tech stocks are primed for explosive growth, and what the “innovation revolution” means for your portfolio. The duo also tackles the current sentiment around bitcoin, stock market seasonality, and the ongoing importance of tuning out mainstream groupthink.

[00:00:02]:
Don’T look back because the market is closed. Good Thursday afternoon, everyone. Kip Herriage here with the daily VRA Investing podcast. Hope you had a good day today. Going to maybe a little be a little choppy today. Spent nine hours in the car today driving all over Texas, but I was in my Tesla. That’s the good news. Actually.

The car drove me and it did. Literally, it, it drove me to every destination. Just got back in about an hour ago. Tyler got me all prepared for this podcast. I think we got some good stuff to cover today. Just forgive me if I make a couple mistakes here and there. Going to talk about Trump’s address last night, which we saw and was powerful. I love the 20 minute address.

I love the staccato tone. Boom, boom, boom, boom. Yeah, he covered a lot of territory, but he had a job to do. Because we know, we know from a lot of past experience that Trump is never going to get a fair shake from the media. I will say it’s gotten a little better. Right? It’s not like it was it in term one, but still, you know, just watching some of the recaps on Bloomberg, which I listened to the car today, you know, all of the clips, if you watched it last night, all of the segments he talked about Biden and the failure of the administration and the damage structure he did to the country.

[00:01:15]:
They kept Biden’s name. I didn’t hear once on Bloomberg today. I listened to it quite a bit today on the road. So again, it’s still not fair. And here’s the problem. The media unfortunately still controls so much of this country. I, it’s hard to believe that’s still the case, is it not? It’s very hard to believe that people are still this uninformed, that they’re still this naive and this gullible, that they listen to these networks that clearly have, have it out to get Trump and they clearly are in favor of the deep state. Again, this, this is who, this is who pays them, this is who runs them.

You know, the intelligence community runs almost all of these networks. But I guess we should be thankful that again, it has gotten a little better. But again, this affordability issue, this is not Trump’s problem. Can we please have an honest, a fair debate about this? We’re just being honest. This affordability issue is 100% Biden’s issue. It’s 100% Democrats fault. Again, not Democratic Party, Democrat party. It’s, it’s 100% their fault.

Uh, but the media is not gonna, they’re not gonna spin it that way. So Trump’s got to be on the offensive. You know, his team has got to be on the offensive. It’s gotta be nonstop 24 7, especially going into the midterms. I’m gonna talk more about Trump’s address in just a moment. I’m also gonna talk about Tucker Carlson today. Remember, remember the decline we had yesterday? Market opened just fine. You know, I remember in, in my morning piece yesterday morning, a very letter I said I’m 70, 30, that I think the, the seasonal move higher into year end, early January I think, I think it starts today, meeting yesterday.

[00:02:59]:
Going to be the case. We had a good open, the internals were fine. All of a sudden, late morning, what happened here came the selling pressure. I did not know until about an hour or two later the Tucker Carlson had said that he got it from an inside source, a good source, that Trump was going to announce that we were going to war with Venezuela last night and that that clearly hit the markets and here’s where’s why. There is very little liquidity right now. You get a report like that because if that was true, that’s, that’s big news and that’s not necessarily good news. Although as Tyler said, you know, when the bullets fly, stocks are a buy. But again, the lead up to war is not exactly risk on material, right? So that absolutely hit the market.

I think it, I think it should be talked about. Look, I like Tucker, but the guy is on a cold streak, man. This guy is on a serious cold streak since he started his kind of his own thing and he’s made some big calls and he’s been long wrong a lot. Look, we make big calls, we make bold calls. We proudly do that. And if you know us, you know that we get the vast majority of those calls, right? And that’s because we take what we do seriously. We don’t just put rumor and innuendo out there, right? And that’s what Tucker’s become. I’ll give you some facts on that in just a moment.

CPI data. Fantastic. Everyone’s talking about how much all of these economists, right, how they all Wall street brokerage firms, how they all missed horribly on this unbelievably friendly CPI report. We’ve been telling you here that there is no inflation. We’ve been telling you we actually have disinflation and it’s going to continue to build. Now, in fairness to all of these group think economists and group think Wall street brokerages, because that’s what they are. They, they essentially all say the same thing. And they all say the same thing.

[00:04:52]:
Room that are coming up with an analysis. And it’s just, let’s, let’s be safe.
It’s garbage. Which is why you can’t make money listening to investment firms. You cannot make money listening to Main street economists. You can’t. There is a way to make money when they all agree on something, go the other way. My first mentor, Ted Parsons taught me this and I’ll never forget. I remember exactly where I was first time he said it, said Tucker, said, kip, this is going to sound strange to you, but I’ve made a career off going doing exactly the opposite. Whenever the economists are like in 80, 90% agreement because I always go the other way.

But I’m telling you, I’ve gotten rich doing this and I didn’t think it made sense. I didn’t think at that point. I mean I knew Ted was a.

More than me, but that didn’t seem to jive. My thinking was, well, this would have been, this would have been out there.

[00:05:53]:
You know, everyone would have known. This wouldn’t be a secret. Only Ted wouldn’t be the only person that knows this.

Of course he’s not. But again, you’re not going to hear this stuff on mainstream media. But again is another mess. There is no inflation. There is, let me repeat, there is no inflation. Rates are going lower because of disinflation. And that’s going to be the theme, that’s going to be the predominant theme of, of 2026, along with continued strong corporate earnings and the innovation revolution really beginning to kick off that’s going to drive these markets higher next year. Oh, the market’s broadening.

Tyler just told me we had what consumer discretionary stocks hit an all time high today. Banks right there. Transports. I mean FedEx just announced earnings after the close. Big beat stocks up big. The, the transports, if you believe in the Dow theory. That’s when the transports and the Dow Jones are hitting all time highs together. We’re getting a buy signal here.

[00:06:56]:
I don’t really even pay attention to. Tyler does. I don’t pay much attention to it anymore because the transports have changed, their industry has changed and that’s going to continue to be the case. Warren Buffett owns, owns a train.

If I’m being candid with you, by the way, look at what Warren, look at what Berkshire Hathaway has done. Look at what that stock has done since Buffett announced his retirement. It’s a one way trip. Lower the premium of owning and the privilege of owning Berkshire Hathaway because of Warren Buffett is, I mean the stock’s getting destroyed. Matter of fact, it’s probably a good buy here. But again, broading action is extraordinarily bullish. Put call ratio ratio today close at a 0.85 again, elevated. It was elevated yesterday, of course, over a 1 yesterday.

We want to see more of that. We want a lot of people buying puts. And again, I got to stress this, the Tucker Carlson rumor yesterday about Venezuela. And again, that’s why the markets were hit so hard, right? Because there’s not a lot of liquidity right now. And so let me cover this before I forget. I look, I like Tucker. I, he seems like a good guy. I understand he’s a family guy.

[00:08:11]:
You know, he was my favorite guy on Fox until the pandemic happened. And if you remember, he’d already gotten a lot of calls wrong. Right. He was a big proponent of the Iraq Afghanistan war, okay a big 911 proponent.

Okay, that was, that’s fake. That’s all fake news. We know that now, of course, but even the majority of the country now knows that we’ve been lied to about the official story of 9 11. So Tucker got some big calls wrong. The plandemic was the one that began to change my mind about him, Tucker. And this is when Tyler and I on this podcast every day beginning in About March of 2020, we’re telling you every day about the Rockefeller Foundation’s report lockstep. And we’re telling you that nothing we were being told made sense.

And this all led look like a Psyop, a government psyop and a global international psyop where the media’s all locked in. You’re getting banned from media, from social media, if you dare say something that.

They don’t approve with at all, all, and this all led look like a of the appearance of being a massive psyop, but not the Tucker Carlson on Fox pushed, pushed the pandemic.

He absolutely believed that this was going to be a global catastrophe with however. Many hundreds of millions maybe being killed. Right? So he got that wrong and he. Stayed wrong on it for a long time.

Look, everybody gets calls wrong. You can’t stay wrong, especially not in. A position that he’s in. But that’s not all right. Again, yesterday on his Venezuela war rumor. Okay, the thing is, he said he. Had really good sources on this.

You know, he spoke in that whispered voice, like, I probably shouldn’t be saying this, but here’s what I’m going to tell you. Here’s what’s going to happen tonight, right? Trump, Trump’s going to announce we’re going to war with Venezuela. Okay, all right. What else has he gotten wrong?

[00:10:07]:
Remember when the US Started bombing Iran, the lead up to bombing Iran’s nuclear facilities?

The exact quote from Tucker Carlson was, this is going to lead to World War III and, and a global economic collapse. Folks, this was, this was, this was earlier this year. This would actually kind of easy get wrong. He said that Ukraine was going to lose really quickly, like in a matter of days it would be over. He had Douglas McGregor, who I’m sure a lot of, you know, on, you know, pretty much religiously like every day saying that it’s already over. They, they’ve already won the war. But I’ll forgive him a little bit because again, I honestly, I got that wrong too. Okay.

I admitted it very quickly, by the way. And then another one that I’ve forgotten about until somebody reminded me today. In 2023, you may remember this, Tucker said

In 2023, you may remember this, Tucker said.

[00:11:01]:
And he made a big deal about this. The US Is running out of decent, of all things, diesel fuel and it was going to cause an economic crash. So those are just a few of the calls that Tucker’s gotten wrong. And, and again, I, I, everybody gets calls wrong. I get that. But this is a repeating pattern now with him.

And I think you should be aware of it because this is how you destroy what was once a pretty good reputation. I won’t even talk about what he’s saying about Israel. Right. And Hamas. Not, not going to get into that because I think at some point you got to pick a side. And frankly, I know what side I’m going to pick there. I mean, that’s just my view. It’s not going to be radical, you know, fundamentalist Islam.

It’s not going to be it. So I’m going to pick, I’m going to pick Israel on that. And so I really don’t disagree him in total on that, but he’s been very hyperbolic on it. And I think he’s probably going over a lot, a little bit anyway. The point is I think Tucker, we should look at Tucker with, with side eyes when he makes these calls now.

[00:12:07]:
Because he is the one that caused. The market to really tank yesterday and it didn’t need to happen. Somebody should told him, look, there’s no. Liquidity in the market right now.

You make a big announcement like this saying you’ve got great sources, it’s going to have consequence ramifications. Right? And we saw that yesterday damage was done in the market that simply didn’t need to be done. All right? And that’s that, that’s my, that’s my primary takeaway. So today the action was really just the opposite. You know, we got the CPI data this morning. Futures were already higher. It is time for seasonality to turn positive into year end because of the lack of liquidity.

You know, again, it’s news driven at this point. If we’re to get some bad news, then, yeah, this could happen again. Meaning yesterday’s collapse almost because of the Venezuelan is. But I don’t think it’s going to happen. I do think the lows are in.

I think it’s going to be a really good and a very merry Christmas for all of us when it comes. To the, to the stock market. And I really like Trump’s address last night.

[00:13:07]:
I got to say again, 20 minutes, very targeted and I’m looking forward to hearing. Here’s the thing, he put some really good stuff out there last night and now He’s going to have to follow through with it.

We need some solutions in all these areas. He talked about health care and insurance. Insurance prices are just got. Obamacare is the worst thing that’s happened in this country. Again, we cover this in depth, right.

With Obamacare We told you the first time that Obama, Barack Obama, Barack Hussein Obama, we told you the very first time he said it, you can keep your doctor and you can keep your plan that he was lying. He said it 13 times. 13 times at various, you know, tour stops, if you will. Right.

He sees himself as a rock star. Those are tour stops for him.

[00:13:53]:
And so. And he knew, he knew the whole time he was lying. But that’s got to be fixed. Again, I think the best way to fix a lot of these problems, you’ve got to do it the filibuster.

You have to. You have to. I think Republicans that are against doing the filibuster and I understand the argument. Right. I do understand the argument of wanting to keep it in place because Again, the tide could turn. Democrats can get an office and they could start doing radical things. Folks, does anyone here doubt that if Democrats take over D.C. again, the first thing you’re going to do is, is a way they’re going to do with filibuster? Does anyone doubt that? No, because we’re sane, common sense people and we see the crazy in their eyes.

We know where they’re going. They’ll do away to heart, but the first thing they do, they’ll do it to filibuster. So I think to fix this country and to do it before the midterms, bold actions needed. Our health care system and insurance has got to be fixed. Drug prices, Trump talked about those last night. Bring those down radically again. I’ll just have to say I’ll believe it when I see it because that is a, that is a very, very powerful cartel that he’s fighting there. But he is, he does appear to be making that fight for some reason.

[00:15:04]:
The jabs are still in the market. I mean, can anyone explain that? Can anyone explain what the hell these jabs are still doing on the market? President Trump, this is your legacy, man. History is not going to be kind to you within about eight to 10 years and probably less. As the father of the jabs, you need to get these off the market yesterday. Right. But I really liked his conversation about radical reforms for mortgages and for housing. Okay. There are some very common sense steps that can be taken here to ramp up home building and to do it in a very affordable fashion all over the country in a public private partnership with home builders.

They’d love the business. Yes. It would be somewhat, again, a public private partnership. The risk are split. Yeah. It’s probably going to cost some money to do it. But this is a serious issue. You know, the housing market’s ready to explode.

It’s ready to. We think it’s going to be one of the top two or three groups in 20, 26. And if you remember, if you’ve been with us here, we nailed the call this year in the gold miners. They’re up like 140%. We told you early January that was going to be the case. And by the way, that that move is still early. Right. When this group, I’m talking about gold. Miners, when this group gets going, it.

[00:16:28]:
And I know this group well, for new folks, welcome. If you’re questioning who. Skip Harris, how does he know this? I don’t think there’s anyone in the country, and I say this with all humility, I’m Just making a point. I really don’t think there’s anybody in the country that’s made more money in this group since I first recommended gold and silver in 2003. Gold was 350 an ounce. Silver was 5 bucks an ounce. We were up over a thousand percent in both in the VRA portfolio. We’ve made several.

Several thousand percent gains in gold miners. So I’m just making the point. I know this group. I know the characteristics of a bull market in this group. This is. We’ve just seen the first year. The first year of this bull market. This group runs for two to three years.

I think longer this time. And especially these junior miners, if you’re a junior miner with at least 3 million ounces gold in the ground, right? And the ones we have have 8 to 10 million or. Or in Snow Line’s case, God, I hate to even put this out there because it’s gonna make me sound like a crazy person. Maybe 30 million, maybe more. But these moves are just getting started. I mean, they’re trying to get ridiculously low valuations, even though Snowline, you know, is up 4,000% in four years, and it’s now got. It’s the largest junior miner in Canada, got a market cap over $2 billion. The best young manor team that I think I’ve ever seen.

[00:17:52]:
I mean, these guys have it going. They join us on a VRA members only zoom. What was it week before last? Which is fantastic. With CEO Scott Bertol. Love this guy. Love the company. Anyway, but I think. I do think in 2026, one of the top performers is going to be housing stocks. I think that Trump.

Look, he’s been kind of busy, right? But I think based on his address, I kind of saw the fire in his eyes when it came. Came to housing and mortgage reforms, because there’s some very simple common sense things that can be done with a little bit of government help and leadership because these home builders want to do it. Okay. You know, Bill Poulter, you’ve seen his ideas. Okay? Just candidly, I’ve sent him some ideas. I. I think he likes a couple of them. But anyway, I think this group is going to be on fire this year, meaning 2026 and all.

They need a little bit of help because, again, the fundamentals of the housing market have never been better. I just had this conversation a few days ago with a guy is like, you sure about that, Kip? Because I really think we could be looking at another 2008 here. And if you’ve been with us a while. You know what I’m going to say? I mean, I laughed in his face. I’m sorry, man. But listen, I’ve had this conversation with so many people, I get a little winded. Here we go. 40% of homeowners have no mortgage.

[00:19:10]:
They paid their homes off. Average equity in homes is over 70%. We have over $35 trillion in home equity across the country. It’s almost a mathematical impossibility to have another 2008 with. This is your structural setup, right? All the home builders need is a little bit of juice, a little bit.

Of backing to do things differently. I think that’s exactly what’s going to happen in 2020. It’s a high confidence call. High confidence call there, right? Trump also talked last night, and I love this. I, I love the Christmas bonus paint. What do you call it? A war dividend? That’s not it, but it’s close for, for active military, I think. I think it’s not every. It’s active, I believe, active military.

Apologies again. Long day today. But the bonus payments, like 1800 bucks or something. Oh, no. 1776. Right? That’s just, that’s fantastic. Who else would do that but Trump? Honestly, nobody. You know Trump.

[00:20:04]:
Look, you may not like Trump, there may be things about him you hate, but this guy loves his country. Now, he may love himself more, but I think he’s got a lot of love in his heart. And I know for certain that this guy loves this country or he wouldn’t have put himself through this shit he’s had to go through. Right? And so I think that he’s going to. I think he’s got a really good team, a much better team around him now. And I do think a lot of this can be done because he knows how important the midterms are, right? If Republicans can really cement their gains and build them. Because midterms are hard to win for the, for the incumbent party. Very hard to win.

But it’s happened before, right? It’s happened a couple of times. Happened under George W. Bush, happened. Happened under Clinton, where they won the midterms, right? So it can happen. And if they can fix this rigged election system. We talk about this all the time here. If they can at least put a dent in that, then Republicans can really cement their gains and maybe get rid of some of the rhinos, because that’s really what our problem is. And again, do what they filibuster and then we’re rocking and rolling, right? Then we’re talking about the next 10 years being insanely good, especially with the innovation revolution.

And again, the structural strength of this economy and of this bull market. Trump also talked about, again, inflation. What inflation? We don’t have inflation. Trump has destroyed that. Look at oil prices, look at gas prices. Right? Look at, look at shelter costs. Again, these are lagging indicators and there are way too many economists that know this, that know that shelter and rent are lagging indicators that missed this story. Okay? And so that, again, this is not a short term theme, folks.

And again, I don’t get too attached to any one report. So yeah, next month could be different. I don’t think it will be. But the long term theme is powerfully disinflationary. And again, that’s fantastic news for equities and great news for, for, for the bond market, which means it’s great news for housing stock as well. So I, I give, I give. Trump and the new Fed chair of course focused on much not, not lower rates, as Trump said, much lower rates. And that’s coming because I really do believe, I really do believe this.

[00:22:10]:
I’m not making this up. You’ve seen some of this talked about with Scott Bessant and Trump has hinted at it. I believe this. What I’m about to tell you, unlike Tucker, I think this call is going to work, okay? And it’s going to be huge. If Trump and Bessett and their financial team, they got a brilliant financial team if they can put this deal together where all of a sudden we do long term treasury bond issuance, right? T bonds, long term, okay, 30, 40, 50 year, maybe longer. I don’t care. Whatever it takes to get the rates down if they’re backed, it won’t be fully backed, of course, but backed in part by gold, silver, bitcoin, a basket of all of these, maybe add some other things, then you can do a long term bond issuance not at 4%, you can do it at 2%, maybe one and a half percent. And then you basically recapitalize your entire debt system, right? You buy back all of the higher yielding debt and you issue all this new debt really cheaply.

So again, I think if that’s true, and again I think it is, you’re looking at a market, you’re looking at a Dow Jones that gains 10,000 points in a month. Like you’re looking at 15 gains in a month. And again, that helps with our, our prediction, our forecast next year of, of 30% gains, that’s 550 gains in Nasdaq next year is going to be that Year, the first year that the innovation revolution came to Wall street, that’s 2026. So a lot to be optimistic for. And I, I just have to put this. Because this, this frustrates me, okay? I have my problems with Trump. You know, I do. Okay? I thought, I didn’t think he should run.

I thought Ron DeSantis should be the nominee. You know, I have my issues with Trump, but no one can do. No one could do what he’s done. He’s committed to it. Why? I don’t really know. I mean, it seems to me like he’s driving himself to an early grave. I mean. I mean, how does he do what he does, Right? But I think it’s time to get on board.

[00:24:17]:
Stop being keyboard warriors and fighting Trump on all these things you may not agree with. Instead, let’s win these midterms. Let’s get behind the guy, right? Let’s put on a friendly face where we go. We understand how important 2026 is for a lot of reasons. We could take our country back for a decade, two decades, 50 years maybe, if we smash the midterms. That’s how important it is. And to all my friends out there, I say this with, with, with respect, and I say this with, with love in my heart. It’s, it’s time.

It’s time to focus on the bigger picture, and then we can deal in year three, right, with the other issues. We have the president. But let’s win this thing. Let’s smash these, this Democrat, these, these Communists. They want to destroy our country, which is exactly what they do. If they take Trump will be impeached inside of a week, right after, if they lose the House, no one doubts it. It absolutely is going to happen. God forbid they lose the House and the Senate.

You know, then we’re talking. We won’t just. It won’t be. The markets love gridlock, by the way. Right? If you’re thinking. Because I’ve thought all this through, if Republicans lose the House and Senate, we still have the presidency, we still have Supreme Court, right? So that’s gridlock, right? But not with these Democrats. These are insane people. The left, the far left has taken over the party.

[00:25:41]:
If we can smash them in 2026, then the Democrat Party is going to splinter into two, because the left is not going to get the. The far left is not going to all of a sudden come to and go, yeah, you know what?

No, they’re just going to get more and more crazy. These are not sane people. They’re not. And if we can get that party to splitter into two, then we’re talking about leverage that you just can’t imagine. Right. For America, really. And again, next year is a pretty cool year with the 250th anniversary. So let’s, let’s come together.

That’s my request. And let’s see the stock market zoom higher next year. So I’ll make a fortune in the markets, in our house, in our homes and housing stocks. Gold and silver will keep going up again. If we’re going to be backing T bonds by gold and silver and bitcoin, everything’s going to go up. It’ll be a magical time. Really. It’d be a magical time to be an investor.

And it won’t just be one year. Next year will be the year it kicks off. We’ll have a lot of years, maybe not quite 50% NASDAQ, like I think we’re going to have like a, like a, like, I kind of know we’re going to have next year. Right. I’m pretty confident about this. But we’ll have a lot of years like dot com, where we have well above average gains. But we’ve got to come together with, we gotta fight, we gotta fight these crazies as one. It’s that important.

[00:27:04]:
And then again in year three, we can, we can, we can go at Trump on some of our. The jabs have got to get off the market. That, that’s, that’s obviously, that’s got to happen. He needs to do that tonight. That’s the thing that infuriates me. But again, I’m gonna look past it for the good of the country in next year. All right, what else today?

Market did well today. You know, again, after the CPI data, we had big gains about midday. Dow is up over 400. Nasdaq up 380. We lost a lot of those gains. Nasdaq, Dow Jones only finished up 65 points. It’s really only 1/10 of 1%. But that doesn’t matter.

What matters is what did the semis and what did Nasda, what did tech do?

[00:27:46]:
And they led Nasdaq today up 1.4%. Semis up 2.3%. Micron’s earnings last night were extraordinarily good. Stock closed up 10 today. Okay, I know a lot of people are freaked out about Oracle. Okay? I am not among that group. Just look at the stock price. I mean, look at the chart.

Pull up a Chart on Oracle. That’s not a chart I would buy. That’s an ugly chart. That’s a chart that says we’re going lower. So I don’t think there’s a reason to, to be worried about, about Oracle. All I think Micron matters. Micron’s a company as a, as a, as a chip company that matters. So their 10 today was very good and again semis leading.

Tech leading today. All very good again. Transports looking fantastic again. Broadening of the market. Consumer discretionary all time high today again we’re seeing all the signs. This market wants to really kick in high gear next year. Let’s look at the internals today. Not great, not horrible again kind of December ish if I’m being honest with you.

[00:28:48]:
We had NYSE 1.7 to 1 positive advanced decline. NASDAQ 1 1/2 to 1 positive 56.4 up. Volume on NYSE 57, NASDAQ again not great numbers but we’ll take them again. Time of year is kind of weird. Sectors today also kind of blase. The six sectors higher, five finished lower. But it’s the ones that finished higher again. Consumer discretionary all time high, 1 point up 1.7%.

Communication services which is really tech up 1.5%. Technology which is tech up 1.4%. And then we also had utilities again. I think they’re telegraphing lower rates. But we had four important sectors finish up more than 1% today. And that, that was good to see in our commodity watch today. Kind of a quiet day today. Gold last trade 43, 63 kind of all over the board today.

Down 10 bucks an ounce right now. Silver again 60, 67.40. What was that early yesterday morning? All time high of course man, they were giving silver away at $5 an ounce, 450 an ounce, $6 an ounce, seven dollar for years and years and years. And now it’s 67 and going higher or 65.44 right now. But it’s down 2% today. But extreme overbought on steroids. Our most overbought reading is silver. Not a reason to sell.

[00:30:10]:
It’s a reason to stop buying. It’s a reason to say thank you very much. I’m just going to sit back and wait, right? I’m going to let this consolidate a little bit and then you know, in a week or so when all the overbought ratings in our very system, when they all start coming down, that’s what time does, you know, we’ll, we’ll start buying it again. But Silver is going a lot higher. You know, we’ve been telling you that for a while that this move is only getting. It’s going to 100 first quarter of next year. You can make a lot of money in silver here. Again, we love both.

We’re primarily gold bugs, but we love silver too. Copper today, quad of the day at 542A pound. Crude oil today, it got hit today down a couple percent. 5,592 on crude oil and energy stocks today were hit 2.2.5%. Finally, Bitcoin. Just had a conversation with our youngest, Sam, who of course just joined us a couple months ago.

We’re gold bugs and we love bitcoin. Unlike gold, though, we have traded bitcoin. Okay, I’m not, I’m not married to bitcoin.

[00:31:13]:
I’ve been married to Gold since 2003. We’ve traded Bitcoin twice since 2017. We have net gains of better than 2,200%. If you follow our recommendations, beginning in 2017, a $10,000 investment in Bitcoin would have turned into more than $220,000 in eight years. So no, we’re not married to bitcoin and no, we don’t like the way it’s trading. The biggest problem, this is the point that Sam made. I’m sure you’re all going to shake your head on this. Everybody loves it.

It’s hard to find anybody that doesn’t. So why is it going down? This is the way the markets work. Mr. Market’s a son of a. Everybody gets on one side. He’s going to pull that rug. I think the difference here for me and the reason that we own it, we’re not worried about it, is that not more than 95% of all the bitcoins been mined. You know.

These traders, the big boys are playing games with the. In the futures market. That’s really what’s going on. And you have so many people now that really don’t own bitcoin.

[00:32:11]:
And that means you’re more of a trader. The bitcoin loyalists own bitcoin. So look, I think we all love the fact that these ETFs came to market. We love the fact, the liquidity. But there’s a flip side of that coin too. And I think we’re seeing that now. Does not look great in the charts. Well below the 200 day.

Again, we’re not selling. I’m just telling you as a realist, the chart doesn’t look good. There’s good support however, right? There’s good support below this level like 80, 82 and there’s more support at 76. We don’t want to see it break below there. I don’t think it’s going to again. Over 95% of Bitcoin’s already been mined. The world’s falling in love with it. You know, more and more people globally can now begin to buy it.

That’s only going to continue to be the case. We’re just being honest with you. And look, we have not only bitcoin, we have another crypto which I get, I get in trouble for announcing this one because we’ve talked about it on one podcast. It’s down. We own a couple of other crypto related stocks. Again I, I, I, I hesitate to say all these because I don’t want to give away. Our subscribers pay us a lot of money here and I don’t want to, I don’t want to diminish, you know, their faith in us because I, I, I tend to give everything away. I shouldn’t do that but anyway I will say this.

[00:33:32]:
Come and join us for two, three weeks@vrainsider.com two, three weeks. You get everything we have. If you don’t like it, then don’t stay. It’s, it’s again it’s risk free. You have no risk. You, you have to enter your credit card but all you gotta do is email us and we’ll cancel it if you get charged and it’s like oh.

Man, I forgot to cancel it. Just tell us. We don’t want your money. We want you to be here long.

Term with this, which most of our members do. We have a great community here. And come and find out what we’re recommending because I think again 2026 is going to be a barn burner of a year. All right folks, appreciate you listening as always. I hope you had a great day and even better night. We’ll see you back here again tomorrow. Oh, oh, oh Tesla. God, almost forgot this.

[00:34:12]:
Tesla’s been on fire. Tyler talked about it again. 484 now. Okay. You know it’s our number one stock innovation revolution. Two things are about to happen here. This is, this is, this is, this is, I will tell you 6040 on this one that because Musk has hinted at this I believe that Musk is going to allow current Tesla shareholders to get pre IPO shares in SpaceX. He talked about it last year more than one occasion.

This rumors making the rounds. I Think there’s a reason for it. It’s one of the reasons the stock is going up. It’s not a big reason. It’s one of the reasons. Right, because institutional investors like, I got to get on board with that. Yeah. I want me some cheap SpaceX stock before it goes public.

That’s one of the reasons. The other thing, and frankly, I kind of forgot about this. When Tesla gets to 6, 700, that’s where they do stock splits. Well, they’re, I mean they’ll be over 500 likely, you know, certainly by year. I think probably in the next, I think next two or three days, Tesla breaks 500 and then that’s, that’s a big breakout again. It’s, it’s, it’s coiling here a little bit because again, it did hit, it’s had a big move and it’s overbought short term. It just needs to work off this churn. Right.

[00:35:28]:
People mistakenly think the stock hits all time highs. It’s gotta get, it’s got to go lower. No, that’s when it goes, that’s, that’s when your breakouts happen and it becomes a momentum stock and that’s what it is now. So I think, I think the stock is going to catch fire. I’m looking for a move probably to 600 by year end.

And I know that’s, that’s a short period of time, but I think when this gets going, especially if we were to get the SpaceX news and then someone wants to go, oh yeah, it’s 6 or 700, Musk is probably going to split the stock again. We all know what stock splits have done to test in the past, right? Or to most stocks.

So again, you know, it’s our favorite stock. We, we, we couldn’t like it more. And it, I will tell you, my Tesla took very good care of me today on a long drive all over Texas. Thank you, Jetson. Which is the name of my Tesla. All right, folks, again have a great day. We’ll see you back here again tomorrow after the close.