WEBVTT 00:00.000 --> 00:05.420 I think the silver wave may be in play for a couple of years and then it's going to move 00:05.420 --> 00:12.000 on to a different metal, okay? And then anything that's utility grade is going to go to sodium 00:12.720 --> 00:19.360 because even though it's not as efficient, it's dirt cheap, okay? And everybody knows 00:19.360 --> 00:25.940 it's sodium, sodium acid, you know, versus lithium, sodium is a seawater. That's going 00:25.940 --> 00:31.420 to be utility grade. And then I think you'll move on to aluminum from silver at some point too. 00:39.550 --> 00:44.450 Good afternoon, everyone. Thanks for joining us once again this month. Exciting times all around us. 00:44.630 --> 00:51.470 Bob Kudla joining me. Remember that. Trade with 2030.com. We wanted to talk about silver, 00:51.810 --> 00:56.390 gold, copper, Bitcoin. Are they going to reach record highs again? How about the tariffs? 00:56.770 --> 00:59.970 I mean, does it even matter? They're just passing the cost on us and you've seen 00:59.970 --> 01:04.170 everybody's cost of living rise. So I mean, what are these going to happen with the 01:05.790 --> 01:10.210 tariffs moving forward and how much more our lives are going to cost? And then what's going to 01:10.210 --> 01:13.990 break out truly? You know, you're looking at everything kind of descending for a moment, 01:14.090 --> 01:19.230 but what's going to pop out by the end of the year as we enter into a new four-year cycle? 01:20.030 --> 01:22.430 Those of you who found the crypto know we're getting closer to the half again 01:22.430 --> 01:27.290 after 2026, those last couple years. And where does it go from here? You know, 01:27.290 --> 01:32.750 everything in life seems to be getting, even though it seems stable and static on every other 01:32.750 --> 01:38.550 thing in the world, prices just keep going up and up. So how do you, you know, keep up with 01:38.550 --> 01:43.370 that change and have enough funds to be able to continue to pay these higher and higher prices? 01:43.970 --> 01:48.750 That's the question. So here to talk about it today, Bob Kudla. Thanks for joining me. 01:48.830 --> 01:51.830 And let's get into a lot of people waiting. Your fingers are just, well, 01:51.830 --> 01:57.270 what are the answers, Bob? Yeah, I have a totally different view. I think 01:58.190 --> 02:06.090 we've probably seen the tops of inflation and, you know, we're probably on the cusp of a deflationary 02:06.090 --> 02:13.270 wave. And I'll give you my reasons for it. Number one is China is already in a deflationary 02:13.270 --> 02:21.750 collapse. They're producing way too many goods, you know, for number one, their economies to absorb 02:22.470 --> 02:28.910 and they're desperately trying to push out as much of those goods out onto the world market 02:28.910 --> 02:34.530 as possible, which then suppresses prices around the world. Even if it doesn't directly affect 02:34.530 --> 02:40.030 the country, it'll affect the country because they may be exporting the same products into 02:40.030 --> 02:46.170 those markets and it weakens those companies. So China is number one on that list. It doesn't 02:46.170 --> 02:54.050 change. China is, they don't have a domestic market. And so they're just going to do everything 02:54.050 --> 03:00.610 they can to push product out the door until their companies can't cover fixed costs and then 03:00.610 --> 03:08.170 they'll shut down. Number two is everybody knows this AI wave is real. And what it's going to 03:08.170 --> 03:17.250 affect is really the meat of the American economy. You're talking mid-level white collar jobs 03:17.670 --> 03:24.750 are going away. Organizations are going to pancake and they're going to get wider. And we've 03:24.750 --> 03:31.570 seen that I have customers that have, that had multiple manager direct reports underneath them 03:31.570 --> 03:36.790 and then the people reporting to them all got pancaked up to that person. And now they 03:36.790 --> 03:45.890 have a wider scope and they have what they call AI agents to assist in the management function. 03:46.610 --> 03:53.630 I have another friend who has a company that he's an executive to that basically when you come 03:53.630 --> 03:58.650 into work in the morning and if you're in sales, you know, typically, you know, you get your 03:58.650 --> 04:06.150 call list out. You come to your desk, you sit down and those calls are just waiting for you 04:06.730 --> 04:11.150 and they measure, you know, how long you were on the call, how many calls you were on, 04:12.010 --> 04:16.410 whether you got the appointment, whether you got the deal, it listens to you 04:17.490 --> 04:24.570 and makes suggestions to you as to how to improve the call next time. It provides data 04:24.570 --> 04:28.730 upfront on the person who you're calling so that you can understand who they are. 04:29.190 --> 04:33.970 And what that means is in the past, you may have me five or six salespeople to make, you know, 04:33.970 --> 04:39.290 the company number that can be skinny down to three or four now. And that's going to go 04:39.290 --> 04:44.850 across the whole entire United States. And what that's going to do is, is just going to drive 04:44.850 --> 04:52.730 out these $100,000 a year jobs are going away. And so the follow on to that is that the 04:52.730 --> 04:58.130 United States economy is the most vibrant in the world, but it's vibrant for two reasons. 04:58.430 --> 05:04.990 One is that we produce excess cash to what we need to live on. And number two, we have a robust 05:04.990 --> 05:12.150 service economy. Well, most of the services are what I would call non essential, you know, 05:12.910 --> 05:21.290 gym memberships, getting your hair done, going on vacation, coaching for your little 05:21.290 --> 05:28.230 leager, right? All those things, when you start losing that excess capacity to spend, 05:28.530 --> 05:36.210 those jobs go away. And that's almost 30% of our GDP. And so you're just going to see companies, 05:36.650 --> 05:41.910 and this is restaurants too, right, going out to eat. So you're going to see this, 05:42.010 --> 05:47.730 you're going to see this squeeze in, you know, before whatever the next wave of efficiency 05:47.730 --> 05:56.070 productivity produces, the new wave of entrepreneurs. So, so what I'm, what I'm telling everybody here 05:56.070 --> 06:03.610 is that be careful. Okay. So, you know, you have silver and gold, copper, energy, 06:04.330 --> 06:10.190 all of them have been pumping hard. And, you know, I made a statement to, to my clients last 06:10.190 --> 06:16.910 week, I said, Hey, I seriously doubt gold and silver will make newer highs and they already 06:16.910 --> 06:26.210 made. Okay. I'm confident that the AI boom, the tech bubble has broke. Okay. And so the only thing 06:26.210 --> 06:32.190 really left to push higher is in the energy space, because we haven't produced enough of it. 06:32.530 --> 06:38.070 And it's geopolitical turmoil. So what I've been inching people towards is saying, Hey, 06:38.070 --> 06:42.870 take a look at the buy signals on energy, and make sure that you have a good 06:43.830 --> 06:50.370 size portfolio in US Treasury bonds, because that's where it's coming. And so that's what I 06:50.370 --> 06:55.310 think is going to happen. And you'll start seeing it. I know, you know, we, we hear and see things 06:55.310 --> 07:03.170 about prices going up. But actually, you know, rents have been falling. Okay. And, you know, 07:03.270 --> 07:08.470 Trump's rolling out the thing with prescription drugs. And, and you're going to see wages 07:08.470 --> 07:14.830 falling. And I think you're just going to see a general destruction of price increases going 07:14.830 --> 07:19.550 forward. It'll be, we'll have negative CPI prints in the next 12 months. 07:21.790 --> 07:26.270 Wow, that's a big statement. You know, and then just to come roll back to the UBI, 07:26.750 --> 07:32.230 you mentioned mid level types of management, white collar, like on a UBI basis, what do you 07:32.230 --> 07:36.870 think they'd be satisfied with without working to be able to get what, 6,000 a month, 7,000 07:36.870 --> 07:41.370 a month, but then somebody who was, say, working at a lower level entry position, 07:41.450 --> 07:45.690 are they going to get the same 6, 7,000 a month for universal basic income? Or is there going to be a 07:45.690 --> 07:51.790 stratified, stratified UBI based on what your previous type of management levels were? 07:53.490 --> 08:01.000 UBI is communism. Okay, it's this package communism. You know, there's no way human nature is 08:01.000 --> 08:07.120 going to allow me to get more than you. Okay, people will be screaming. Okay, 08:07.800 --> 08:12.600 that why does this person get more than I get? And remember, UBI is going to be rolled out 08:12.600 --> 08:17.740 on the young for the old, right? So everybody's going to be screaming is not going to be enough 08:17.740 --> 08:25.000 money. People don't, UBI is such a failed policy. You can't have UBI. You know, the problem 08:25.000 --> 08:35.320 with UBI is that the prices of the have to have goods just rise to spend it all, right? You know, 08:35.360 --> 08:42.540 you have health, food, rent and energy, you know, the four horsemen of have to have to spend those 08:42.540 --> 08:49.320 prices all rise with your income. Okay, if everybody has the same income, you know, they're 08:49.320 --> 08:52.980 going to have to then say, well, you can't raise rent or you can't raise food prices. Well, 08:52.980 --> 08:58.060 that's communism. That's what communism does. And that's where we're going to end up this whole 08:58.060 --> 09:03.540 notion that you're going to get money, you don't have to work. It's stupid. You know, you have 09:03.540 --> 09:09.000 to produce more goods than the money supply. You know, if you want to have people to have 09:09.000 --> 09:22.960 higher standards of living, if not, we're just going to collapse into despondency. So 09:22.960 --> 09:27.400 push this is the solution for all of the unemployment coming through AI. And you know, 09:27.440 --> 09:30.400 when I hear government funded, that's not government funded, it's taxpayer funded, 09:30.460 --> 09:34.840 because the last time I looked, they sell that or scrape taxes from us to push out these 09:34.840 --> 09:41.420 government funded programs. It's all taxpayer funded. Please remember to sign up for our show 09:41.420 --> 09:47.900 notes. With civilization cycle podcast, you can learn what to expect as society resets. 09:48.620 --> 09:54.380 Agriculture, economy, tech and history all have mappable cycles and these cycles affect 09:54.380 --> 10:00.280 every aspect of our lives. We can navigate the chaos and thrive together with up to date news and 10:00.280 --> 10:09.520 information. Also, if you like the content we have here on civilization cycle, think about fueling 10:09.520 --> 10:14.340 the discussions and the show by buying us a coffee at buy me a coffee.com forward slash 10:14.340 --> 10:19.880 civilization cycle and thank you for all the support. And you know, I would like to get your 10:19.880 --> 10:24.600 thought on this where you talked about bonds, treasury bonds that moving over into the stable 10:24.600 --> 10:29.240 coin issuance where tether has to, you know, every time they, they have to have something 10:29.240 --> 10:35.360 backing when they mint out these tokens. So the I would say artificial need for treasury bonds 10:35.360 --> 10:39.160 seems like it's going to go through the roof, especially with the finally the genius 10:39.160 --> 10:45.260 act, stability act, all these things taking form here. So how's that going to drive the demand 10:45.260 --> 10:50.480 for treasury bills if there's truly a stable coin issuance going on act that's solidified 10:51.000 --> 10:55.880 that shows what is truly allowed from prediction markets all the way through stable coins, 10:55.980 --> 10:59.560 are they going to have any interest associated with them? Can you get another coin to swap 10:59.560 --> 11:04.060 to trade to get interest off of holding something? You know, all this will finally be 11:04.680 --> 11:09.700 you know, written into law. So where does this get the because all I'm seeing is, 11:10.100 --> 11:15.200 you know, they confiscated gold and 33 revalued it. I'm looking at the same thing where they're 11:15.200 --> 11:20.040 going to possibly force people into stable coins and then drive that artificial demand 11:20.040 --> 11:24.100 for us treasuries and then at some point in the future, write that debt down and then 11:24.100 --> 11:30.300 again, the bag holder will be the American public. No doubt that stable coins are absorb 11:30.300 --> 11:37.260 treasury issuances. And so the other thing too with gold is that they can reprice gold and that 11:37.260 --> 11:43.060 becomes cash available to the treasury. So I think we'll see that at some point too. That's why 11:43.060 --> 11:47.640 they're not going to try to cap gold as much as they can is that they can they can convert the 11:47.640 --> 11:53.280 value of gold from when they did it last time to today. And now you're looking at probably 11:53.280 --> 11:58.440 a there's probably a trillion dollars of repricing there that can go into the treasury. So 11:59.100 --> 12:02.680 yeah, you're not wrong there. That's what's going to happen. Look, I don't know how much 12:02.680 --> 12:07.780 choice we have. I mean, with everybody retiring and everybody absorbing entitlements, 12:08.960 --> 12:13.380 it's not going to those those won't change until there's more people that aren't getting it than 12:13.380 --> 12:18.660 are getting it. And they voted vote in means testing, you know, everything they're messing 12:18.660 --> 12:23.720 around with, they're trying to mess around with non realized gains to that's another recipe 12:23.720 --> 12:31.160 for communism. All it does is destroy the value of the asset because most people will have to sell 12:31.160 --> 12:38.200 the asset to pay the tax and you start a down here spiral. Those things only help China because 12:38.200 --> 12:42.840 then they keep those investors from overseas can just come in and buy our stuff on the cheap. 12:43.440 --> 12:47.860 You know, so that probably won't go anywhere there. Netherlands is trying to vote it in. 12:48.440 --> 12:52.200 I mean, it's just like suicide pack for the Netherlands. I don't I don't 12:52.200 --> 12:56.040 I like to see somebody try it so people can see what it actually looks like. California 12:56.040 --> 13:01.380 just whispered it and lost half their billionaires. Okay, just whispered it. 13:01.900 --> 13:07.780 $1 trillion of assets, taxable assets have left the state of California since the 13:07.780 --> 13:13.500 knuckleheads tried to send a trial balloon up there on it. And they tried to do a trial 13:13.500 --> 13:20.040 balloon on mileage tax to versus gas tax. And people just screamed and that got put on the 13:20.040 --> 13:24.420 shelf. So we're really at a detente here. You know, they want to keep raising rates, 13:24.500 --> 13:29.480 but you're raising you're trying to raise taxes in an environment where where there's 13:29.480 --> 13:34.980 only there's no blood left in the stone. Yeah, swinging back, you spoke about just 13:34.980 --> 13:39.100 electric vehicles and thing I'll swing it back on that. I was looking at some silver and 13:39.100 --> 13:44.760 they were saying 235 million physical ounce deficit this year compared to demand. And 13:44.760 --> 13:48.600 then the last five years have been running something similar. So at what point do we 13:48.600 --> 13:54.080 really hit this point where there's not enough physical silver to satiate the demand of all 13:54.080 --> 13:59.720 the manufacturers that need it now for literally every product, even these cheap led lights or, 13:59.740 --> 14:05.040 you know, cameras and all these things that are going up, not just the flock system, but 14:05.040 --> 14:09.020 any kind of home devices, they all need a tiny bit of silver, every electronic device, 14:09.180 --> 14:15.040 the new phones, computers, everything that we use now requires some sort of silver in it. 14:15.600 --> 14:22.400 So where's this finally going to that magic mark going to crossover where there literally is not 14:22.400 --> 14:27.100 enough physical out there any longer because minds are pumping it full. Who knows what the 14:27.100 --> 14:31.640 disruptions down in Mexico now with what's going on down there. So I'm just wondering if there 14:31.640 --> 14:36.680 is a magic number where we do roll over that and then it becomes unobtainium where they 14:36.680 --> 14:40.360 have to really pay anything to get it back and wrestle it free from the fingers of those who 14:40.360 --> 14:46.580 hold it. Yeah, I think we're getting to that point because when companies that are the manufacturer 14:46.580 --> 14:54.240 of the material goes direct to the supplier and bypasses the futures market, you know, 14:54.280 --> 15:03.780 we're close. So Samsung and I think Inex in Korea are going directly to the Mexican minds for silver. 15:04.580 --> 15:10.440 So the next step after that is, you know, somebody like Elon Musk just goes ahead and buys a mine. 15:11.220 --> 15:15.260 And I think that's, that's when you know the end is there when they just say, you know what, 15:15.340 --> 15:20.040 I'm going to vertically integrate, I'm going to buy the mine, okay, that produces the metal 15:20.040 --> 15:24.680 that I want. And I think that's when you know, that's when you know we're going to go to 15:24.680 --> 15:31.840 peak. Interesting thing about silver is that battery technology, you know, has been moving 15:31.840 --> 15:41.340 around and the next area is really aluminum, okay. So an aluminum is uber abundant and it's easily 15:41.340 --> 15:47.920 to recycle. So I think the silver wave may be in play for a couple years. And then it's going to 15:47.920 --> 15:54.060 move on to a different metal, okay. And then anything that's utility grade is going to go to 15:54.060 --> 16:02.120 sodium, because even though it's not as efficient, it's dirt cheap, okay. And everybody knows what 16:02.120 --> 16:10.100 the sodium, sodium acid, you know, versus lithium sodium is a seawater, okay. You know, I could take 16:10.100 --> 16:14.940 I could take a bucket of seawater and put an anode and a cathode on either side of it and get a 16:14.940 --> 16:21.720 current, okay. So you know, you're going to look at sodium ion batteries that are just dirt 16:21.720 --> 16:27.780 cheap and just super stable. And I wouldn't be surprised that those are the sodium ion batteries 16:27.780 --> 16:33.540 in the next 10 or 15 years, they'll be sitting next to your house, okay. You know, collecting, 16:33.920 --> 16:39.380 being a capacitor for the overnight cheaper energy production. But that's going to be, 16:39.440 --> 16:42.340 that's going to be utility grade. And I think you'll move on to aluminum 16:43.220 --> 16:48.580 from silver at some point too. Copper is interesting to me because until the AI boom 16:49.580 --> 16:54.960 busts, you know, they're going to have to upgrade the upgrade the grids and there's not enough copper. 16:55.380 --> 17:00.840 And so, you know, I already have some FCX, you know, it's a copper gold company and I think it's 17:00.840 --> 17:07.020 going to do well over time. It broke through 60 and that was a magical number to me for it to get 17:07.020 --> 17:15.760 to 120. And now it's hovering around 65. So what do you think about the disruption? And it 17:15.760 --> 17:19.680 doesn't matter what metal because Mexico is a massive producer of so many of the metals that we 17:19.680 --> 17:25.840 consider critical. So with the cartels controlling nearly every zone across Mexico, where all the 17:25.840 --> 17:30.360 mining was, I was looking at at least 15 major silver mines being completely closed off right now. 17:30.700 --> 17:34.800 I was going to disrupt some, but how long will the disruption go and really really 17:34.800 --> 17:38.980 send a ripple through the market enough to where people will start. I wouldn't say panic 17:38.980 --> 17:44.180 and just like the realization moment would hit like we're too reliant on certain sources, 17:44.180 --> 17:49.240 this is going to cause a problem here. I don't know. I mean, it's already calmed down quite a bit. 17:49.860 --> 17:55.200 So, you know, remember, these cartels probably have interest in those mines already, so they're 17:55.200 --> 17:59.860 not going to cut their own nose, right? I would think that would probably that would probably 17:59.860 --> 18:05.280 calm down over over time. I think the bigger worry for the cartels is that Trump essentially 18:05.280 --> 18:10.520 took off the number one guy, you know, narco in the world. He just put everybody 18:10.520 --> 18:16.180 else on notice. If I get this guy, get you. You know what I mean? And so I don't believe 18:16.180 --> 18:20.780 anything around it that was a Mexican operation. You know, they might have had, they might have, 18:20.780 --> 18:25.200 they might have been wearing Mexican Navy SEAL uniforms, but they were speaking gringo. Okay. 18:26.060 --> 18:31.900 And, you know, you don't take a guy out like that without, you know, probably Delta Force 18:31.900 --> 18:36.800 sitting right in the middle of that stuff. You know, that was a big deal too, because, 18:36.800 --> 18:41.500 you know, that guy, that guy was pretty bad news. 18:43.480 --> 18:47.300 Yeah. So the reason I was trying to trend into this, you're talking about breakouts just 18:47.300 --> 18:50.600 previously before we got on the interview here about, you know, what was going to be breaking 18:50.600 --> 18:54.580 out. So that was my thing is looking at, okay, well, there's a short term event that's going 18:54.580 --> 18:58.400 to cause a breakout possibly. I'm wondering what you think is going to break out during this 18:58.400 --> 19:03.480 time based on, it doesn't have to be this specific Mexican event going on here for silver, 19:03.480 --> 19:10.760 but copper is going to break out next. Silver already broke out. Silver has to prove that it 19:10.760 --> 19:16.140 can make a new high right now. Okay. See, the longer it takes silver to make a new high, 19:16.520 --> 19:22.760 the more likely it is silver won't make a new high. Okay. So that's just the way it goes. 19:23.340 --> 19:28.920 Let's see, it then it gets kind of stuck. So silver's high was at like 140 or something 19:28.920 --> 19:39.560 like that. Some crazy one, 123 as at $86. So, and it's already been almost a month. Usually when 19:39.560 --> 19:42.660 you have a, when you, when you're going to make a new high, you should already made a new high 19:42.660 --> 19:50.620 from that high. So to me, this looks what's what I call it a busted parabola. And so it has to 19:50.620 --> 19:56.760 now make a new high. If not, it's going to roll over. And then what happens is you get what's 19:56.760 --> 20:03.060 called the Eiffel Tower effect. And then, then basically silver will retrace 87% of that move 20:03.060 --> 20:10.940 higher. So it would bring it back down probably to 55 or $60. Those are just, those are ways this 20:10.940 --> 20:16.220 to math works, you know, in these environments. Now, I'm not saying it won't happen, but right 20:16.220 --> 20:22.340 now my prediction is that it will fail to make a new high. And then we'll have, we'll have 20:22.340 --> 20:29.620 a lower low from that low that it came in at $64. We'll beat that down lower. And then, 20:29.740 --> 20:34.380 and then we'll see what happens. Usually it goes flat for a while after that. It just blows people 20:34.380 --> 20:39.620 away because, you know, that's what everybody thinks. But that's, that's what causes these 20:39.620 --> 20:42.960 parabolas to bust when everybody's leaning the same way in the boat. 20:43.540 --> 20:49.200 I hit you with the question. Now, Chinese New Year, all the metals exchanges in China were 20:49.200 --> 20:54.980 closed for almost 10 days. And, you know, over here, you think that JP Morgan and organized 20:54.980 --> 21:01.980 alleged silver manipulators allegedly would smash the price down. So that was that did not 21:01.980 --> 21:07.180 happen or occur actually silver increased in price as the full Chinese markets were closed, 21:07.260 --> 21:11.340 where there could have been the most of manipulation allegedly if they could. But 21:11.340 --> 21:15.640 I'm wondering why that didn't happen and why prices continue to rise on the very 21:15.640 --> 21:22.360 best possible times to allegedly manipulate silver if they could and it didn't happen. 21:22.840 --> 21:27.860 Yeah, it's called hope. I own a lot of silver. So I'm not embarrassed on silver per se. 21:28.240 --> 21:33.540 I'm just trying to regulate people's enthusiasm. Silver has to go up another 21:34.840 --> 21:42.720 50%, all right, to recover the losses that it took last month. 50, 50%. That's a big ask. 21:43.120 --> 21:50.180 Is that, look, I have most of my IRAs sitting in silver and gold, a mining company. So I'm 21:50.180 --> 21:55.560 rooting for it. It's just that you have to be a little bit myopic on this, you know, 21:55.580 --> 22:00.600 not be myopic on this stuff and just, you know, hope it happens. You have to like, hey, it failed. 22:01.260 --> 22:05.460 You know, I told people to run trailing stops on gold and silver and miners, 22:05.820 --> 22:09.720 you know, when this thing was rising and a lot of people got out with only 12% 22:09.720 --> 22:14.960 losses, okay? Then you could buy back in here and now you're catching a second wave. 22:15.860 --> 22:20.880 So people that were, you know, were crypto bros on this thing and leveraged long, 22:21.260 --> 22:26.300 they lost everything. You know, a lot of people lose everything in a bull market. 22:26.460 --> 22:32.060 How do you do that? Because you don't practice good trade management. You have to be willing 22:32.580 --> 22:38.180 to walk away from something that could possibly go higher in order to protect you for tomorrow. 22:38.180 --> 22:39.980 And a lot of people don't do that and they should. 22:41.700 --> 22:47.620 Wise advice, Bob. Yeah, take those gains when you can. Even if you think you could eke out a 22:47.620 --> 22:53.400 couple, five more, 10 more percent, if you're already up enough, then just call that an even 22:53.400 --> 22:58.220 and just thank the universe for those gains. And then if it does fall or it does increase, 22:58.360 --> 23:01.580 then I'll just find something else that I've done enough research on that I think would hit. 23:02.540 --> 23:06.920 Yeah. You know, what I tell people is do trailing stop. You can start with a wide 23:06.920 --> 23:12.200 trailing, like 25%. If you truly believe in it and you don't want to get stopped out, you know, 23:12.200 --> 23:17.460 on a stop run, you know, and then when you start, look, this thing, I'm looking at silver right 23:17.460 --> 23:22.020 now as we're talking. So I'm not being Helen Keller being blind here. I'm looking at different 23:22.020 --> 23:29.680 charts. So silver broke over three standard deviations of a six month channel. Okay. That 23:29.680 --> 23:34.460 is a 95% chance it's going to go back to the trend line. That's what I told people 23:34.460 --> 23:39.400 look at. Now you got to aggressively manage this. When it pushes up like that, don't stay that way. 23:39.480 --> 23:45.180 The other thing is when it goes vertical, it doesn't stay. Never. Okay. The reason why it's 23:45.180 --> 23:50.200 going vertical is because people who are shorting it or covering it, they're not new buyers. 23:51.440 --> 23:55.940 And what people make the mistake of is that you should be scaling out into these moves 23:55.940 --> 24:00.280 because you're going to get in at a lower price. And that's all. So that's what I'm 24:00.280 --> 24:04.240 saying. So copper needs to make a move yet and energy still needs to make a move yet. 24:04.420 --> 24:10.160 So there's places to play. And you know, if you want to talk about the most stable one is 24:10.160 --> 24:17.360 probably uranium because they're still building new plants and the fuel is such an insignificant 24:17.960 --> 24:23.360 part of the plant that people will buy it higher than they would normally like to 24:24.080 --> 24:26.740 because for the amortization, it just doesn't matter. 24:28.700 --> 24:30.780 What's uranium at pushing toward 100 now? 24:31.420 --> 24:37.140 Yeah, I don't follow the price per se. I just own some uranium stocks in my iron just don't even look at 24:37.140 --> 24:42.300 them. Yeah, I want to say one thing, you know, Bob, you have those charts with a trade genius where 24:42.300 --> 24:47.280 it does show the deviation pattern going, whatever the trend is either either up or down, but you 24:47.280 --> 24:51.140 can see when it breaks to the downside to if it's three standard deviations downside to 24:51.140 --> 24:54.600 is definitely going to bounce up, but it's a good indicator where it's going to hit at the 24:54.600 --> 24:59.980 top and then where it's going to hit maybe at price maximum and where it might flat out and 24:59.980 --> 25:05.120 then return back to some sort of, you know, baseline there at zero again, but it's just a good indicator 25:05.120 --> 25:09.040 to see if it's too high on the pricing level. It's way overbought or way oversold way outside 25:09.040 --> 25:12.480 the ranges that it normally would be. And you got that whole chart pattern there that I 25:13.400 --> 25:18.740 dive into regularly when I'm looking at to see where it sits on the actual pricing compared 25:18.740 --> 25:27.160 to historical. Our algorithm actually displays on the trading view chart. In fact, if you were a 25:27.160 --> 25:36.240 silver buyer on a daily, it told you to get back in at $77.39 and our target for this move is $92.31. 25:36.880 --> 25:42.220 But yeah, we put the target out there. We put the stop loss if we're wrong. And 25:43.140 --> 25:49.220 it's a really cool system. And you can get it, you know, just, you know, go to Dave's landing page, 25:49.500 --> 25:54.260 you know, we have two programs running, one if you want to be in the chat room, one if you want to 25:54.260 --> 26:01.600 be actually in a voice trading room and trade with us. And we do quite well. And because it's 26:01.600 --> 26:08.120 all map based, I don't rely on my own judgment. There are rules to trading. And if you follow 26:08.120 --> 26:14.080 them, you can't help but make money. And we think we have a pretty decent system that wins enough 26:14.080 --> 26:19.720 times. But most importantly, has what's called a positive profit factor, meaning you win more 26:19.720 --> 26:24.760 when you win versus you lose when you lose money. And that's how you build wealth over time. 26:26.740 --> 26:32.680 Yeah, and a few strategies with that, don't use leverage. Whatever direction you're going, 26:32.820 --> 26:36.480 don't use leverage. Just be happy with what you're doing. You don't need to. You don't 26:36.480 --> 26:43.420 be surprised. You know, if you made one or 2% a week, I think it gets lost on people. You know, 26:43.440 --> 26:49.380 my average gain is one and a half percent over three days. And we went two out of three trades. 26:49.960 --> 26:56.000 So, you know, so we're operating at a 60 to 80% annualized, you know, and, and the only reason 26:56.000 --> 27:00.940 why that, you're not 100% invested. So you have to kind of monitor that. But we double, 27:00.940 --> 27:08.400 we have a customer that monitors all my trades versus the S&P 500. And we doubled it, 27:09.460 --> 27:16.900 you know, where I think 104% of the S&P 500, we're higher than the tech and we're higher than the 27:16.900 --> 27:22.160 small cap. So, so we know what we're doing is we're doing well. And that's, that's looking 27:22.160 --> 27:28.660 back over the last 16 months of trading. When we had big moves in the indexes, we still, 27:28.660 --> 27:33.420 we still beat it. I put them out, I did go on notifications, you know, it's up to you to take 27:33.420 --> 27:39.320 them or not. Trade with 2030.com. You can check out more information there, see if this is something 27:39.320 --> 27:43.420 that would, it'd be of interest for you moving forward, because you're going to have to try to 27:43.420 --> 27:49.220 stay at pace, at least with the rising costs of everything. Now it could go deflationary, 27:49.260 --> 27:53.040 as you said, eventually. But for now, it does seem like prices are going to continue to 27:53.040 --> 27:56.240 trend up because I just don't see things in the supermarket getting cheaper. And then 27:56.800 --> 28:03.480 one thing I do see is every single store needs now to any kind of purchase to ask you for your idea. 28:03.520 --> 28:08.520 They try to scan the back of your idea to get you in on. Now this is just maybe an off topic here. 28:09.200 --> 28:13.280 To know at least three years zip code is what your average house price is in this on-demand 28:13.280 --> 28:17.240 pricing when you go to shop online or these new digital price tags that are in the stores 28:17.240 --> 28:22.680 with the on-demand price structure that they're moving to, which is going through the courts 28:22.680 --> 28:27.580 now to see if it's legal to do such a thing and charge people a little bit extra based on 28:27.580 --> 28:33.260 rounding of the pennies currently of that extra four cents, getting you closer to round up a penny, 28:33.360 --> 28:36.620 getting you on that price because they know you might not be able to afford it or pulling you 28:36.620 --> 28:41.560 back way over where they can scalp four cents off every item that you're buying just based 28:41.560 --> 28:44.600 on the zip code you're living in because they scan the back of your driver's license, 28:44.700 --> 28:49.160 they know where your house is and how much that is comparatively to within the counties 28:49.160 --> 28:56.380 or within the states. Now all based on algorithmic projections that's where it goes. Now what do we 28:56.380 --> 29:01.180 do away with the nickel then they get 10 cents a wiggle room so you know things are just getting 29:01.180 --> 29:05.080 more expensive as they try to round and you know prices keep going up so you're going to have to 29:05.080 --> 29:10.320 keep pace with that so whatever you know legal means you can do that and this is one of the 29:10.320 --> 29:16.360 greatest ones here so Bob I appreciate your time trade with 2030.com Bob any last comments here? 29:16.360 --> 29:21.940 Trump's playing rope a dope with with uh with Iran hoping that then they make a mistake 29:22.720 --> 29:28.900 and uh because he doesn't want to be in a quagmire right you know and cause uh you know oil to spike 29:29.900 --> 29:33.460 so we're gonna see kind of how you know all that plays out.