Good Wednesday afternoon. Let’s lead off with Evercores quant, Rich Ross, one of our favorite market watchers. It’s been a minute since I’ve shared this, so for our newer Members know that when Ross and Tyler and I are in agreement, our confidence levels are pretty, pretty, pretty high (h/t Larry David).

Ross remains aggressively long, looking for S&P 500 7400 into year end (13.8% higher from here). Ross likes the semis, Nvidia especially (VRA 10-bagger), which he sees going to $250 (+46% from here). Like us, he also sees rates plummeting lower, with the 10 year falling to 3.75% (last: 4.03%). He also loves gold and silver, with a target of $5000/oz and $50/oz.  Just an FYI, in our next Letter you’ll see that our new target for gold is $15,000/oz (raised from $8000-$10,000/oz). For about the 100th time , “this is the bull market of bull markets for gold/silver and miners”. If we’re right about our gold target, where do you think the miners are going? In particular, Snowline and ...