1 00:00:00,120 --> 00:00:03,680 So there's going to be a shortage of capital and we're going to have bank 2 00:00:03,799 --> 00:00:06,960 runs. I mean, so far, what the Fed's been doing is just 3 00:00:07,160 --> 00:00:12,119 when the dominoes are about ready to fall, they arrange the White Knight to 4 00:00:12,119 --> 00:00:17,199 come in, whether it's JP Morgan or Wells Fargo or who never to acquire 5 00:00:17,239 --> 00:00:21,359 the bank and they take the losses. Is that more in the future here 6 00:00:21,559 --> 00:00:24,280 or is there going to be an end to that as well? You're listening 7 00:00:24,320 --> 00:00:29,679 to Carrie Letts's Financial Survival Network, where you get valuable information you just can't 8 00:00:29,719 --> 00:00:35,679 find anywhere else to thrive in today's trying times. You need the Financial Survival 9 00:00:35,759 --> 00:00:41,240 Network now more than ever. Go to Financial Survival Network dot com and get 10 00:00:41,240 --> 00:00:51,920 your free newsletter in gift Financial Survival Network now more than ever, and welcome. 11 00:00:52,200 --> 00:00:55,880 This is Financial Survival Network. I'm your host, Carrie Letts. Well, 12 00:00:56,359 --> 00:01:00,960 the Greater Depression you heard about it on the show for over a decade. 13 00:01:00,560 --> 00:01:06,439 It got staved off in eight no nine, but perhaps there's no stopping 14 00:01:06,439 --> 00:01:11,159 it now in twenty twenty three, twenty twenty four and on. What is 15 00:01:11,200 --> 00:01:12,239 that going to mean for you? What is that going to mean for your 16 00:01:12,280 --> 00:01:19,239 retirement? Where your investments. Our good friend Michael Markowski is with us now. 17 00:01:19,359 --> 00:01:23,400 Michael, it's great to have you back on You find him at Alpha 18 00:01:23,519 --> 00:01:32,000 tach tac k dot com. Michael, You've made some pretty amazing predictions over 19 00:01:32,040 --> 00:01:38,400 the years. The September eight crash, the June sixteenth, June twenty sixteen 20 00:01:38,480 --> 00:01:46,560 briggs It crash, the October to December twenty eighteen market crash, to kind 21 00:01:46,560 --> 00:01:49,200 of go on and on, not to mention not just crashes, but the 22 00:01:49,640 --> 00:01:57,480 January twenty two peak and the two thousand nine end of this secular bowl market. 23 00:01:57,560 --> 00:02:04,680 So tell us what you're crystal Ball is showing you right now when based 24 00:02:04,719 --> 00:02:12,719 on a on my most recent look at the inflation rate and the SMP five 25 00:02:12,879 --> 00:02:17,919 hundred the SP five hunters dividend yield, I'm looking for the market to decline 26 00:02:19,680 --> 00:02:23,840 from this level by the end of the year by thirty eight percent. Thirty 27 00:02:23,879 --> 00:02:29,479 eight percent decline, which I should be the bottom, you know, less 28 00:02:29,479 --> 00:02:34,400 something changes. That's what I'm looking for. Thirty eight percent decline from here, 29 00:02:35,360 --> 00:02:38,479 and that's it's BacT that will you know. I can't tell you exactly 30 00:02:38,520 --> 00:02:44,319 when that's going to happen. Like in my article that predicting the two thousand 31 00:02:44,319 --> 00:02:50,360 and eight the bacco that came out in September of those seven when I predicted 32 00:02:50,400 --> 00:02:53,159 all the brokers would collapse Lehman, bear Stearns, Merrill, Lynch, all 33 00:02:53,199 --> 00:02:59,199 of them, and they did so. Yeah. So so I'm looking for 34 00:02:59,400 --> 00:03:06,759 thirty eight percent decline UM and I'm b and uh and I'm looking for that 35 00:03:06,840 --> 00:03:12,360 to cause a the US to go into that will be about a forty six 36 00:03:12,479 --> 00:03:15,800 or seven percent decline from the peak. And you need a forty five percent 37 00:03:16,159 --> 00:03:21,919 You need a forty five percent decline to UM, you know, to be 38 00:03:21,960 --> 00:03:24,319 one of the ingredients for the U, for an economy to go into a 39 00:03:24,360 --> 00:03:30,759 depression of the stock market. So yeah, I'm expecting I'm predicting that we'll 40 00:03:30,759 --> 00:03:34,560 see that, you know, happen. Well, it's entering this thing by 41 00:03:34,560 --> 00:03:38,159 the end of the year. That great. There any way to print their 42 00:03:38,159 --> 00:03:42,879 way out of it? Is there anything that they can do to try to 43 00:03:43,439 --> 00:03:47,319 mitigate this? Uh not? Within that with inflation, you know, the 44 00:03:47,400 --> 00:03:53,039 ft is you know, did not have an inflation problem in two thousand and 45 00:03:53,159 --> 00:04:00,599 eight. They didn't have an inflation problem in two thousand and twenty. Now 46 00:04:00,639 --> 00:04:04,080 they've got an inflation problem. So no, it's not that they can't the 47 00:04:04,080 --> 00:04:08,599 gap creft the money. It's it's politically we have an election year coming here, 48 00:04:09,520 --> 00:04:15,479 twenty twenty four, and it's it's politically incorrect right now to launch more 49 00:04:15,520 --> 00:04:19,279 stimulus. Okay, we've already launched a bunch of twenty twenty We've also we've 50 00:04:19,279 --> 00:04:25,639 rent up the national death significantly, probably doubled it or tripled it since two 51 00:04:25,639 --> 00:04:30,199 thousand and eight. So there's no cushion. And the problem with it is 52 00:04:30,439 --> 00:04:35,240 the politicians. They're going to argue that it's going to raise inflation. Everybody 53 00:04:35,279 --> 00:04:40,399 that everybody knows if you can you bring in stimulus, it's it's going to 54 00:04:40,480 --> 00:04:46,759 maintain or increase inflation. So they've basically got new exit strategy here. There's 55 00:04:46,839 --> 00:04:51,079 nothing that they can do. If the US goes into the Great depression, 56 00:04:51,480 --> 00:04:57,279 greater depression as many called it, the rest of the world follows us. 57 00:04:57,279 --> 00:05:02,839 Correct, that's right. And so you know my articles, um my article 58 00:05:02,959 --> 00:05:10,399 about the cash flows in video which you're on that alphatack dot com talk about 59 00:05:10,439 --> 00:05:15,160 that will link to the show notes that came up that that is, you 60 00:05:15,199 --> 00:05:18,600 know, the cash blows for the biggest companies Amazon, Google, Facebook, 61 00:05:18,639 --> 00:05:24,160 all of them are slowing. Um. After after having you know, a 62 00:05:24,319 --> 00:05:29,240 momentum, you know, order at the year after year up increases, they're 63 00:05:29,279 --> 00:05:32,879 slowing. That's one of my articles that you know, so I came out 64 00:05:32,879 --> 00:05:36,879 and made this prediction that we'd go into a depression a year ago June of 65 00:05:38,000 --> 00:05:44,160 twenty twenty two, and so I've had a cash flow is now operating. 66 00:05:44,199 --> 00:05:48,759 Cash flows for the biggest companies are now increasing the probability of that happening by 67 00:05:48,800 --> 00:05:53,839 the slowed down of the cash flows. Um. The second thing is the 68 00:05:53,920 --> 00:06:01,079 regional bank crisis. The regional bank crisis, as UH has caused day another, 69 00:06:01,120 --> 00:06:08,040 it's another's big problem because it's that's going to put a damper on real 70 00:06:08,160 --> 00:06:15,839 estate, commercial real estate and construction and all of that because of the regional 71 00:06:15,879 --> 00:06:19,199 banks or the shares are under pressure. They've had one after another. However, 72 00:06:19,240 --> 00:06:24,120 they be rescued. People are moving their money out of regional banks and 73 00:06:24,120 --> 00:06:27,639 into the big banks. You know, there's only forty three banks that have 74 00:06:27,720 --> 00:06:31,279 been stress tested, and those are the biggest banks, and so you have 75 00:06:31,360 --> 00:06:35,439 forty seven hundred that have it been So if you're a business and you have 76 00:06:35,480 --> 00:06:39,600 a couple hundred thousand in the account to make your payroll. And you're a 77 00:06:39,680 --> 00:06:42,600 regional bank, You're going to say, what do I do if this regional 78 00:06:42,639 --> 00:06:46,279 bank has to go out. I can't wait for the FDIC they've come in. 79 00:06:46,600 --> 00:06:49,680 I've got to move my money. So the point is the money's flowing 80 00:06:49,720 --> 00:06:54,519 out of the regional banks into the big banks, and that's another big cause 81 00:06:54,759 --> 00:06:57,920 for a depression, you know, So there's going to be a shortage of 82 00:06:58,000 --> 00:07:00,439 capital and we're going to have bank runs. I mean, so far, 83 00:07:00,639 --> 00:07:05,079 what the Fed's been doing is just when the dominoes are about ready to fall, 84 00:07:05,279 --> 00:07:11,000 they arrange the white Knight to come in, whether it's JP Morgan or 85 00:07:11,160 --> 00:07:15,720 Wells Fargo or never, to acquire the bank and they take the losses. 86 00:07:15,079 --> 00:07:18,040 Is that more in the future here or is there going to be an end 87 00:07:18,079 --> 00:07:21,600 to that as well? Well? Actually, JP Morgan just came out the 88 00:07:21,680 --> 00:07:27,160 day and said that they're not they're not buying any more these any more of 89 00:07:27,199 --> 00:07:30,319 these regional banks. They're not putting any more money in them. So that's 90 00:07:30,399 --> 00:07:34,519 no longer an option. And you know everybody, JP Morgan is the kriminal, 91 00:07:34,560 --> 00:07:38,759 a krem of all the banks. So you know, if Jamie Diamond's 92 00:07:38,839 --> 00:07:42,600 not doing it. There's no pressure political pressure on anybody else to do it 93 00:07:42,680 --> 00:07:46,279 either. So I don't see the banks or the big banks rescuing little banks 94 00:07:46,759 --> 00:07:50,040 and uh. I think it's just going to be a continuous problem. And 95 00:07:50,720 --> 00:07:55,079 it's a serious problem. So we're going to see a bell out. What 96 00:07:55,199 --> 00:07:58,319 are they going to do? They can't just let the system go down, 97 00:07:58,959 --> 00:08:03,319 even though the years to be what it's what's happening? Uh? Do they 98 00:08:03,439 --> 00:08:07,759 just take all the deposits and they put them into fed coin and just wipe 99 00:08:07,800 --> 00:08:11,279 out everybody else? Is that what's going to happen. I don't know about 100 00:08:11,360 --> 00:08:15,639 fed coin, UM, but I think that you know, they're just you 101 00:08:15,720 --> 00:08:20,959 know, help the banks are until Congress comes in and increases the fdiics. 102 00:08:20,920 --> 00:08:24,199 You know, if that that's another issue, that's another problem. You've got 103 00:08:24,279 --> 00:08:28,439 to get Congress to come in and increased the amount of money and the FDICS 104 00:08:28,439 --> 00:08:35,279 accounts. So this is a serious problem, you know, the bank issue, 105 00:08:35,320 --> 00:08:39,759 I would say the number one problem the regional banks, UM and UH. 106 00:08:41,120 --> 00:08:43,679 And the problem is is you know, the bank runs, it's you 107 00:08:43,759 --> 00:08:46,360 know, it's not like you know, you go back to the nineteen twenty 108 00:08:46,559 --> 00:08:50,840 DONI there are a thirty thirty one, thirty two. You know you had 109 00:08:50,879 --> 00:08:54,120 to go stand in line to get your money out of a bank. You 110 00:08:54,240 --> 00:09:01,240 know, they had bank holidays where the President Roosevelt basically declared a bank holiday. 111 00:09:01,320 --> 00:09:03,360 He said, oh, listen, we're gonna have a week. We're 112 00:09:03,360 --> 00:09:05,600 gonna have a week where the banks are closed so that people couldn't withdraw their 113 00:09:05,639 --> 00:09:11,120 money from the banks. Now you're in a situation where you can just you 114 00:09:11,200 --> 00:09:15,159 know, online, go in there and move your money instantly out of your 115 00:09:15,200 --> 00:09:18,399 banking into another bank. Yeah. Where are you gonna move it too? 116 00:09:18,600 --> 00:09:20,320 Though, You're gonna move it to JP Morgan, You're gonna move it to 117 00:09:20,399 --> 00:09:24,720 Wells far Ago, You're gonna move it to Bank of America. But again, 118 00:09:24,759 --> 00:09:30,039 there's carry there's forty seven hundred banks. Okay, we can name where 119 00:09:30,200 --> 00:09:33,639 everybody all of us bank. We can name on two hands, probably everybody 120 00:09:33,679 --> 00:09:37,000 in your audience where they bank. I mean ninety percent of the people. 121 00:09:37,080 --> 00:09:39,919 Maybe some people have a regional bank account. Do you have a regional bank? 122 00:09:39,919 --> 00:09:41,720 Who do you have a big bank account with. I'm at Wells and 123 00:09:41,919 --> 00:09:46,600 City, I'm at Wells Fargo. Okay, So my point is is that 124 00:09:48,279 --> 00:09:54,000 they're moving the money into these big, big and it's it's really it's a 125 00:09:54,120 --> 00:09:56,879 it's they didn't think about this and when they came up with the Dad Frank 126 00:09:58,600 --> 00:10:01,000 and the problem because now you have a good house. You know, you 127 00:10:01,120 --> 00:10:05,879 have Wells Fargo, you know your money safe there. You know it's safe 128 00:10:05,919 --> 00:10:07,399 at City Bank. You know what's safe at Bank of America. You know 129 00:10:07,480 --> 00:10:13,600 it's safe at JP board where now? Right? Yeah, But the point 130 00:10:13,720 --> 00:10:16,480 is that the banks have been stress tests. They're stress test every year. 131 00:10:16,120 --> 00:10:18,919 They make sure there's enough money in them. So we could go into a 132 00:10:20,600 --> 00:10:26,000 situation where just about you know, where the government was a highly regulated banking 133 00:10:26,120 --> 00:10:31,639 industry with a few banks is where it's probably where it's going to go by 134 00:10:31,679 --> 00:10:35,840 the end of the decade. Yeah, a lot of the banks will just 135 00:10:35,960 --> 00:10:39,120 disappear. I'm going to get there, though, what how are we going 136 00:10:39,159 --> 00:10:41,240 to get there? It's not going to be pretty, is it. No, 137 00:10:41,480 --> 00:10:45,200 it's not. It's going to be very very it's going to be very 138 00:10:45,279 --> 00:10:54,000 difficult and very volatile, extremely volatile. Yeah. So do we eventually get 139 00:10:54,080 --> 00:10:58,559 deflation here? I mean what we're seeing is M two eroding, right, 140 00:10:58,200 --> 00:11:05,600 Yeah, as it's going down that's the measure of the of the money in 141 00:11:05,759 --> 00:11:09,240 the circulation and banks and all that. Well, I definitely, well, 142 00:11:09,279 --> 00:11:13,360 I definitely think we're going to see deflation. I've did, you know, 143 00:11:13,919 --> 00:11:16,279 you know, I to come up with my projections, my thirty eight percent 144 00:11:16,360 --> 00:11:22,480 declining for the SP five hundreds based upon the SP five hundreds, my research 145 00:11:22,559 --> 00:11:26,120 of it a dating back eighteen seventy one, and it's diving yields under inflict 146 00:11:26,200 --> 00:11:31,759 during inflation every periods. And in that, in that whole research I did, 147 00:11:31,840 --> 00:11:35,639 I also found all the periods where there was deflation for an extended period 148 00:11:35,759 --> 00:11:39,120 number extended number of years. So yeah, I believe that we're going The 149 00:11:39,240 --> 00:11:48,120 FED has lost control and because of the mistakes they've made in twenty one to 150 00:11:48,240 --> 00:11:52,559 twenty twenty two that you're on my website. Okay, there's an article about 151 00:11:52,639 --> 00:11:58,200 that Fed's mistakes too. They've made true policy errors. Um you know they're 152 00:11:58,279 --> 00:12:03,679 not they've made they made the mistakes and they've lost control and in the everybody's 153 00:12:03,720 --> 00:12:07,480 ill lose faith them. Now, Okay, so you know, when this 154 00:12:07,600 --> 00:12:11,720 thing goes into a depression that wasn't supposed to happen, I don't know what's 155 00:12:11,759 --> 00:12:16,080 going to happen to the FED, you know, because they were supposed to 156 00:12:16,159 --> 00:12:18,240 be the stap of the stop gap, and they made two serious mistakes, 157 00:12:18,840 --> 00:12:26,960 and so we go back to a highly volatile period of rising prices followed by 158 00:12:26,080 --> 00:12:31,080 de flight declining prices. You know. I mean they're back in the late 159 00:12:31,159 --> 00:12:35,200 eighteen hundreds, early nineteen one. Ord you have five years of deflating prices 160 00:12:35,679 --> 00:12:39,720 followed by five years of inflating prices. It was very difficult to do business, 161 00:12:39,879 --> 00:12:43,039 very difficult back then and will become very difficult in the future. All 162 00:12:43,120 --> 00:12:48,480 right, So what is you as an individual investor? What are you supposed 163 00:12:48,519 --> 00:12:52,120 to do in the face of what we're up against here? Besides moving your 164 00:12:52,159 --> 00:12:58,159 money to Wills Fargo or jp Borg in Chase Well investors really need So this 165 00:12:58,320 --> 00:13:03,240 is a big problem. Investors need to change their mindset to First of all, 166 00:13:03,360 --> 00:13:05,720 buy and hold. Forget about it, okay, I mean buy and 167 00:13:05,879 --> 00:13:11,799 hold is works at burin secular bull markets, which had ended in January of 168 00:13:11,879 --> 00:13:16,039 twenty twenty two, assorted in two thousand at night, and in a secular 169 00:13:16,360 --> 00:13:18,759 bull starts at the bottom of a secular bearing. You just buy and hold, 170 00:13:18,840 --> 00:13:22,159 and it's like autopilot, like we were talking about the Tesla. Okay, 171 00:13:24,080 --> 00:13:26,600 So what happens. You've got to go to you have to switch gears, 172 00:13:28,080 --> 00:13:31,320 and you have to get out of the buy of old mentality. You 173 00:13:31,480 --> 00:13:35,679 have to look for a return of capital, not return on capital, because 174 00:13:35,799 --> 00:13:39,200 prices are going to go down. Thirty eight percent is when I'm looking for 175 00:13:39,279 --> 00:13:41,480 a decline for the SP five plunders. So you're going to be able to 176 00:13:41,519 --> 00:13:46,840 buy thirty eight percent lower. Okay. So you want to be in cash 177 00:13:46,200 --> 00:13:50,559 when it's saying hits bottom, and when hits bottom, while be on your 178 00:13:50,600 --> 00:13:54,360 show and I'll ring the bell. Okay. But the point is you want 179 00:13:54,399 --> 00:13:58,320 to be in cash, and you absolutely want your money in long short hedge 180 00:13:58,360 --> 00:14:03,440 funds. Okay, because if you put your money in a long short hedge 181 00:14:03,480 --> 00:14:11,120 fund and from nineteen twenty nine to nineteen thirty two that basically bought the dips 182 00:14:11,279 --> 00:14:15,960 and sold the peaks short. Okay, from nine twenty nineteen thirty two, 183 00:14:16,000 --> 00:14:18,720 you made over six hundred percent on your money. If you've bought and held, 184 00:14:18,759 --> 00:14:24,679 you lost eighty five percent. Okay. Same thing happened with the NASDAC 185 00:14:24,879 --> 00:14:30,240 and you know two thousand to two thousand and three. Okay, if you 186 00:14:30,639 --> 00:14:33,799 if you'd been in, if you had if you had traded the market short, 187 00:14:33,919 --> 00:14:37,879 I mean the NASDAC went down seventy eight percent during that time period in 188 00:14:37,960 --> 00:14:43,919 two thousand and two thousand and two. And then during that time period you've 189 00:14:43,960 --> 00:14:46,799 made over five hundred percent by you know, by buying the dips and selling 190 00:14:46,919 --> 00:14:52,679 the peaks. So you want to have money in a hedge fund, okay 191 00:14:54,600 --> 00:14:58,120 that goes long and short the market. And if you're if you're missing out, 192 00:14:58,120 --> 00:15:00,840 if you don't have your money, and that and that's what we do 193 00:15:00,919 --> 00:15:03,639 at Alpha Attack. We have that we have algorithms. The same algorithms that 194 00:15:03,679 --> 00:15:09,759 I use to predict the peaks I mean the peaks and the troughs for them 195 00:15:09,879 --> 00:15:13,120 for the market can be used to trade the market. So they have a 196 00:15:13,200 --> 00:15:18,240 dual purpose. All right, So that's one thing you could do. You 197 00:15:18,360 --> 00:15:22,639 stay cash heavy. Well, you put you know, especially older people, 198 00:15:22,720 --> 00:15:28,480 people over fifty fifty five years old, they should absolutely put a significant portion 199 00:15:28,559 --> 00:15:35,440 of their portfolios into you know, government bonds, two year government bonds and 200 00:15:37,120 --> 00:15:39,759 of a government that has a double A plus or better credit rating, which 201 00:15:39,759 --> 00:15:45,240 would include the US. What's your land, Finland, suite most kind of 202 00:15:45,320 --> 00:15:48,519 countries, you know, because you want to be in it. You want 203 00:15:48,559 --> 00:15:52,440 to have your money in something at a government bond in which the government has 204 00:15:52,519 --> 00:15:58,720 the ability to leave the attacks against its citizens to pay off its debts, 205 00:15:58,759 --> 00:16:03,360 to pay off its debts. Like in back in nineteen twenty nine, after 206 00:16:03,480 --> 00:16:07,279 the twenty nine thirty two tobacco the tax rates in the US or an income 207 00:16:07,320 --> 00:16:11,720 tax rates went to as high as seventy seventy some one percent and stayed there 208 00:16:11,799 --> 00:16:15,840 for years. So that was at that enabled the US to always pay So 209 00:16:17,200 --> 00:16:19,519 if you're in a country, if you're in an Eastern Bloc country or a 210 00:16:19,559 --> 00:16:23,360 South American country that can't collect their taxes and you've got the bonds, you're 211 00:16:23,399 --> 00:16:27,159 in trouble. You know, if you don't have a taxpayers are willing to 212 00:16:27,399 --> 00:16:32,799 accept the higher taxes and pay them. So that's why you want only those 213 00:16:32,879 --> 00:16:37,320 countries that have double A plus bond rates. And you want two year bonds 214 00:16:37,759 --> 00:16:41,720 because you don't have interest rate risk. So if interest rates skyrocket in a 215 00:16:41,799 --> 00:16:45,480 two year bond, you'll be okay. Right, So two year bonds or 216 00:16:45,360 --> 00:16:49,720 makes sense. So now I see some banks are paying four and a half 217 00:16:49,799 --> 00:16:55,639 percent interest do you take it. I'd rather have the well again because of 218 00:16:55,720 --> 00:16:59,919 the banks. You understand, the banks are all trying to get more deposit 219 00:17:00,240 --> 00:17:03,319 money, so you know, the regional banks will give you a higher deposit 220 00:17:03,480 --> 00:17:07,799 rate, but I think you're getting their their rates are comparable to what they 221 00:17:07,920 --> 00:17:12,279 to your treasury bills. So I think you just you you either buy your 222 00:17:12,440 --> 00:17:17,640 your treasuries from the bank where you buy it from your brokerage firm, your 223 00:17:17,680 --> 00:17:22,319 online broker. I think you're much smarter to be in treasuries than banks than 224 00:17:22,880 --> 00:17:27,640 bank deposits. So what about money market funds that invest in treasure Money markets 225 00:17:27,680 --> 00:17:30,680 are okay as long as they're invested in treasuries, but you're not going to 226 00:17:30,720 --> 00:17:36,799 get the higher yield on those generally, right, gotcha? Yeah, So 227 00:17:37,119 --> 00:17:41,480 better off going direct to the treasury yourself. I mean, I think look, 228 00:17:41,680 --> 00:17:45,559 I think it's important, you know, because of the volatility of the 229 00:17:45,680 --> 00:17:48,400 markets. If someone puts their money in a money market fund, there's that 230 00:17:48,640 --> 00:17:55,279 tendency to jump in when the market sells off big okay, and put your 231 00:17:55,319 --> 00:17:59,559 money back in, and then you get killed okay, because it's going to 232 00:17:59,599 --> 00:18:02,720 continue to write it down. So if you're disciplined to say, you know 233 00:18:02,880 --> 00:18:06,240 what, the next two years could be tough, could be rough. Let 234 00:18:06,279 --> 00:18:10,039 me be defensive, but a good percentage of my money in a two year 235 00:18:10,599 --> 00:18:14,599 government and a note, you're you're you know you're gonna. It's a decision 236 00:18:14,680 --> 00:18:18,599 you're making. You know that's more defensive. Okay, you're gonna, you're 237 00:18:18,680 --> 00:18:22,160 You're not gonna have a tendency to turn around and sell that note three months 238 00:18:22,279 --> 00:18:26,240 later. You need to be conscienties. That what investors have to be. 239 00:18:26,319 --> 00:18:32,039 They have to be conscienties and discipline, discipline, conscientious and cautious. Right, 240 00:18:32,960 --> 00:18:36,240 if you look these hedge funds, we're looking at big returns. We're 241 00:18:36,279 --> 00:18:40,680 looking at you for three, four or five percent returns over the next couple 242 00:18:40,680 --> 00:18:42,920 of years. If you're if you're a long short hedge fund, that's what 243 00:18:44,079 --> 00:18:47,200 kind of returns you're looking for. So if you put twenty percent of your 244 00:18:47,240 --> 00:18:51,039 money into that thirty percent of your money and that seventy percent of that seventy 245 00:18:51,119 --> 00:18:56,519 percent of your money into notes, and I also recommend venture capital deals, 246 00:18:56,599 --> 00:18:59,039 but you know, we can give invent a minute. But I've seen the 247 00:18:59,119 --> 00:19:03,240 hedge fund should been able you to generate a higher return in these volatile markets, 248 00:19:03,279 --> 00:19:07,240 and you would have if you were fully invested, one hundred percent fully 249 00:19:07,319 --> 00:19:11,000 invested in the stock market. All right, so you have to embrace the 250 00:19:11,079 --> 00:19:15,279 volatility. Care everybody has to say, Hey, I've never done this before, 251 00:19:15,799 --> 00:19:18,480 but I need to embrace the volatility. I need to put a portion 252 00:19:18,559 --> 00:19:22,759 of my assets and a long short hedge fund. Okay, because you're those 253 00:19:22,799 --> 00:19:26,440 who do are going to It's shown over time you make you make a hell 254 00:19:26,480 --> 00:19:32,000 of a lot of money, right Okay, Well interesting, So hey, 255 00:19:32,119 --> 00:19:34,960 what can people get when they go to your site Alpha tech dot com Michael, 256 00:19:36,240 --> 00:19:38,799 Well, they can get sign up for our I mean, you could 257 00:19:40,400 --> 00:19:44,720 get access to hedge funds, investment advisors that have access to these hedge funds. 258 00:19:45,319 --> 00:19:51,400 And I have a weekly session every Saturday morning that I have that for 259 00:19:51,680 --> 00:19:53,920 my uh you know you can that's for you. So we go over these 260 00:19:55,000 --> 00:19:57,799 things every week on a Saturday morning at eleven am. You can sign up 261 00:19:57,839 --> 00:20:03,920 for that. You could sign up for our alph attack intel alerts, another 262 00:20:03,960 --> 00:20:06,400 thing can sign up for. So there's plenty of things to sign up for 263 00:20:06,599 --> 00:20:11,720 on the site. And there's also educational information that's we have an information about 264 00:20:11,759 --> 00:20:15,880 all that you know secular bear markets, which I highly recommend every investor view 265 00:20:15,960 --> 00:20:21,720 the videos about secular bear markets because the market is secular. We could have 266 00:20:21,839 --> 00:20:26,000 a whole show next time just on secular, on secular and excliting that we 267 00:20:26,079 --> 00:20:29,960 could I could get a whole interview on that. Yeah, something that many 268 00:20:30,039 --> 00:20:34,240 of you out there weren't even alive for the last real secular bear market. 269 00:20:37,160 --> 00:20:42,160 Yeah. Really in the seventies when the nifty fifty crashed and burned, right 270 00:20:42,880 --> 00:20:48,240 right, you had those one decision stocks they called them. You bought Kodak, 271 00:20:48,680 --> 00:20:52,880 you bought both rights IBM, and you held them for life and you 272 00:20:52,920 --> 00:20:56,839 could retire wealthy. Right, that's right. Let's see how that worked out. 273 00:20:56,960 --> 00:21:00,279 Huh Yeah, all right, Well, interesting times ahead. Ache. 274 00:21:00,759 --> 00:21:07,200 We'll have a link to Michael's site on Financial Survival Network dot com and the 275 00:21:07,240 --> 00:21:10,039 show notes this interview while you're there, to make sure you sign up for 276 00:21:10,119 --> 00:21:12,480 your free newsletter. Really appreciate you coming on, Michael. If you have 277 00:21:12,519 --> 00:21:18,559 a question for Michael myself, shoot me an email al Atcarrey Lutz dot com. 278 00:21:18,880 --> 00:21:22,960 Write your comments on the YouTube channel below, and we will address some 279 00:21:22,079 --> 00:21:26,079 of them. Michael, thanks for stopping by. We'll talk to you soon. 280 00:21:26,319 --> 00:21:30,279 Okay, thanks Carry, thanks for listening to Carrie Lets's Financial Survival Network, 281 00:21:30,519 --> 00:21:36,279 your solution to today's trying times. For the latest, go to Financial 282 00:21:36,400 --> 00:21:41,960 Survival Network dot com. Financial Survival Network now more than ever,