1
00:00:00,160 --> 00:00:03,560
So I still think we're going to
see thirty four, maybe all the way

2
00:00:03,600 --> 00:00:07,320
up to thirty seven for silver over
the next This is a monthly chart,

3
00:00:07,360 --> 00:00:09,800
so over the next one to two
months, I think we could actually see

4
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a very strong move percentage wise from
where we are kind of right now.

5
00:00:14,320 --> 00:00:19,039
That's potentially about an eighteen percent move, So there's a lot of upside potential.

6
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The chart of silver is very strong. It had a rally up,

7
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it had a pause, a bullflag
pattern which is the halfway point, and

8
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then it's starting to run and I
think it can go up to these highs

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that we saw back in twenty twelve. And you were listening to Carrie Let's's

10
00:00:34,799 --> 00:00:40,320
Financial Survival Network where you get valuable
information. You just can't find anywhere else

11
00:00:40,880 --> 00:00:46,679
to thrive in today's trying times.
You need the Financial Survival Network now more

12
00:00:46,759 --> 00:00:51,920
than ever. Go to Financial Survivalnetwork
dot com and get your free newsletter and

13
00:00:52,000 --> 00:01:02,560
gift. Financial Survival Network now more
than ever, And welcome you are listening

14
00:01:02,600 --> 00:01:06,840
to and watching the Financial Survival Network. I'm your host, Carry Lutz Well,

15
00:01:06,959 --> 00:01:11,519
Christopher Muelen is with us now and
as olay As we're going to get

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insight into where he sees these markets
heading stocks have taken off since April,

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so probably let's start there, even
though we will get into gold and energy

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and all that good stuff. Chris, welcome back. So what is going

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on with the stock market here?
Yeah, well thanks for having me back

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on the show. Carry Yeah,
let's take a look at the charcers.

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There is a lot going on.
This is the SP five hundred. If

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we kind of zoom out so you
guys can see the big picture. Obviously,

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we had the twenty twenty two correction. Twenty twenty three was a big

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year. A lot of people have
completely missed out on the rally from last

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November. They've lost missed out on
this last one. Everybody was thinking the

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markets were going lower. People are
still betting and trying to pick the top.

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Aggressive traders are scared to get it
or they're shorting this market, and

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it just keeps going higher and higher. There are definitely some divergences going on.

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I mean when we look at the
overall market, you know, the

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the Nasdaq is struggling. If we
look at the QQQ, for example,

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there's been some big bouts of selling, especially about four or five sessions ago.

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We saw distribution selling in the deck. All the big magnificent sevens were

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down and it pulled the market back. That's a day of distribution. And

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I've you and I actually talked about
this like probably like six eight months ago.

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I was saying, Hey, once
the sp five hundred hits new all

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time highs, I'm going to be
looking for when we have these distribution days

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and they should start to pick up
more frequently. We had another distribution wave.

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We had another distribution wave here,
so we're starting to see them more

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frequent, and there's nothing bad about
them. It's just the market and big

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institutions lightening their portfolio, moving away
from the big winners. But as it

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happens more and more, and we
tend to see it happen with elevated volume,

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big volume spikes, that is telling
us it is institutions lighting their portfolio,

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putting those shares into the hands of
the average investor. And the fact

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that this equities market has been rallying
really on technology stocks. Most stocks and

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sectors are down. Small cap stocks
have been beaten up there. They haven't

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been doing very well just until really
the last four or five sessions are starting

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to come to life. But you
know, when we look at this market,

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I believe we are in those late
stages the stock market. You know,

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it goes in a rising tide,
a falling tide, and we're back

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into a rising tide for the indexes. So we want to be long right

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now both, you know, and
we want to stick with the trend until

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it actually reverses and the technicals breakdown. So as much as people want to

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be bearish right now, we are
seeing the markets move higher and people need

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to remain kind of long until proven
otherwise. All right, So so it

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comes to you know, I'm always
reminded when I see these types of rallies

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here where everyone's expecting it to go
down and it goes up or vice versa.

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You know, stocks climb on a
wall of worry, right, yeah,

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yeah, And a good visual of
this, actually, Kerrie is so

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I have a sentiment chart that that
there allows us to kind of read what

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the average investor is doing. And
whenever we get these these orange phases in

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the market, especially especially big ones
the market naturally, these orange and red

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bars are when people are dumping their
shares on the New York Stock Exchange.

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It's when they're buying put options betting
on falling prices, and it really only

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takes a little pullback for everyone to
get spooked, and they all quickly get

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out of the market, and then
the market goes higher without them. They

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bet on the downside. The market
pushes higher. The more fear there is,

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the bigger the potential push. And
we had some fear a couple of

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weeks ago. The market pushed higher, and right now the market is scared

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again. They are betting and getting
prepared for the market to have a big

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pullback. And this is actually a
bullish sign. If people are dumping shares

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right now yet it's old up and
grinding higher, they're you know, we're

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probably going to see another big push
up in the equities market. And it's

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really interesting the sentiment. The majority
of the masses are typically wrong betting,

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you know, trying to trying to
really take go against the market right at

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the worst possible time, just before
they're probably going to go even higher.

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Of course, they're dumping their shares
and getting out and they get caught on

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the wrong side. Yeah, well
that's always happens, right, So how

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much longer? How much longer can
it go on for? You know,

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they always say the market can be
remain irrational longer than you can remain solvent,

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right, yeah, yeah for sure. So hey, all right,

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so let's talk about my favorite gold. Here's what's up with gold. I

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love gold. Still very very bullish
signed for gold. It's had a series

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of rallies and pauses, and it's
starting to break out here to some new

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all time highs. This chart is
pointing to twenty six fifty, twenty seven

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to fifty for gold. Once that
level is reached, I will be a

86
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little bit more bearish and hesitant on
the market. I believe we're seeing this

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final push up just before the equities
market puts in a major top. And

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the monthly chart of gold gives us
a very good view of where I kind

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of believe we are when we look
at this chart. We started a new

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super cycle for gold in twenty nineteen. It's gone into a multi year consolidation,

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a pause, and now we're starting
to see this big run up.

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And I think that's because people around
the world are getting nervous. They feel

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like the recessions coming, stock markets
frothy, Those who are savvy are moving

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into these defensive, protective assets.
If we go back in time, we

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saw the stock market break into a
new supercycle back in two thousand and three.

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We had a multi year consolidation,
and then we saw a run to

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safety just before the two thousand and
eight financial crash, and that's where we

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are right now. We're seeing that
run to safety, and then I think

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we're going to see the equities markets
the recession all have a big correction and

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gold will most likely pull back with
it. But we are in this phase

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right here where gold I think is
still going to continue to extend up to

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twenty six fifty twenty seven hundred,
which you know is still a pretty decent

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push from where it is, is
still another ten percent higher for gold before

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I think it starts to top out. So when gold hits that level,

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people should be aware. I think
there's more downside potential short term. But

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once the markets have this cleansing event
like two thousand and eight, we go

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into a you know, twenty twenty
five market correction. After that is when

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I think we're going to really see
a multi year run in gold and silver

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and miners. It's going to be
the ultimate opportunity that really happens like once

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every decade or so, and it's
going to be pretty pretty exciting. So

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I like gold, it is one
of my favorites, and obviously silver.

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Silver is just more volatile. Okay, so yeah, let's talk about silver,

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or for a little bit silver.
It's really showing some strength. It

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hit a low I guess back towards
the end of last year of around seventeen

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dollars and it's been straight up,
well not straight up. It's a sawtooth

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pattern. How much higher can it
go? Can we see it eclipse its

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all time high? Because gold is
trading a nominal highs but silver is trading

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it to sixty percent if it's all
time high. Yeah, so I still

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think we're going to see thirty four, maybe all the way up to thirty

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seven for silver over the next This
is a monthly chart, so over the

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next one to two months, I
think we could actually see a very strong

122
00:08:41,120 --> 00:08:46,200
move percentage wise from where we are
kind of right now. That's potentially about

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00:08:46,200 --> 00:08:50,240
an eighteen percent move, so there's
a lot of upside potential. The chart

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of silver is very strong. It
had a rally up, it had a

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pause, a bullflag pattern, which
is the halfway point, and then it's

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starting to run and I think it
can go up to these highs that we

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saw back in twenty twelve, and
that it's going to act as some resistance

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00:09:07,000 --> 00:09:11,320
on the chart. Now. Silver
is doing very much same as gold.

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It broke into a new supercycle.
It had a multi year consolidation and then

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everybody piled into silver just before the
economy went into the crapper. And we're

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doing the same thing now. It
started a major supercycle and broke out.

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It's had a multi year pullback in
consolidation, and now we're starting to see

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that run to safety. I do
think silver will probably pull back to where

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it is now or lower during a
reset, but that will be one of

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the last dips before it goes higher, just like over here. And then

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I think silver goes ballistic. I
think we blow past fifty. I think

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we go up into the eighties or
higher for silver. Really not right now,

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but I mean, you know,
starting post probably twenty twenty five,

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I think we'll see a huge move. Think silver will become a major dominant

140
00:10:01,960 --> 00:10:05,279
player. So I like silver from
that regard too. They have a very

141
00:10:05,279 --> 00:10:09,480
similar things. Check this out.
I just got this the other day.

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Nice that was it out bar of
silver from a friend who I'm big as

143
00:10:16,360 --> 00:10:20,600
that it's a thousand ounces. Well
it's actually nine hundred and like eighty something

144
00:10:20,639 --> 00:10:22,320
like this. Don't drop it on
your foot, no, yeah, I

145
00:10:22,399 --> 00:10:26,440
just I just got over the cast
off my foot. I did break my

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00:10:26,519 --> 00:10:30,679
foot about seven weeks ago. I
hate three dropping a bar on your foot.

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00:10:30,759 --> 00:10:31,799
Right, I didn't drop the bar
on my foot. I stepped on

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00:10:31,840 --> 00:10:35,080
a ball, rolled my ankle,
and my son coaching my son's baseball teamn

149
00:10:35,120 --> 00:10:39,320
snapped a bound. But well they
way. I like silver. I just

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00:10:39,360 --> 00:10:43,279
bought more silver, and I think, you know, long term, these

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00:10:43,279 --> 00:10:48,759
are solid assets. Part in the
punt. Everyone takes a fall. Yeah,

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00:10:48,960 --> 00:10:56,039
you're right, that's my feeling about
it. And you know, hey

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00:10:56,399 --> 00:11:01,360
and markets are the same way.
But to think eighty dollars then, really,

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00:11:01,879 --> 00:11:05,080
once it hits eighty, there's no
limit that we can predict, can

155
00:11:05,159 --> 00:11:09,799
we. Yeah, I think it'll
once it blows past fifty dollars, I

156
00:11:09,799 --> 00:11:13,879
think it just goes into like it's
in no man's line. There's there's no

157
00:11:13,000 --> 00:11:16,159
kind of resistance. I think it
could just blow off and keep shooting.

158
00:11:16,399 --> 00:11:20,519
Who knows how high will go?
Right, So I think old will do

159
00:11:20,559 --> 00:11:24,399
something similar. Silver is definitely percentage
wise, we'll definitely catch people's attention.

160
00:11:24,480 --> 00:11:28,840
It'll be screaming and be a rocket. Wow, that's like two and a

161
00:11:28,879 --> 00:11:33,559
half times where it's at now.
More than that two hundred and fifty percent

162
00:11:33,759 --> 00:11:39,519
return ed. When it happens,
can happen really quick, isn't it.

163
00:11:39,240 --> 00:11:41,919
It is. It's if you don't
catch it, if you're going holidays for

164
00:11:41,919 --> 00:11:45,000
two months or something, you're going
to come back and be like, how

165
00:11:45,000 --> 00:11:48,879
did I miss one hundred percent return? The question is what will the currency

166
00:11:48,960 --> 00:11:54,159
unit that it's valued in be worth
once it? YEAHTCH is up? Is

167
00:11:54,159 --> 00:12:01,039
it going to outpace the inflation rate
give you a positive return adjusted for inflation?

168
00:12:01,480 --> 00:12:03,360
I don't know. I don't know
what the currencies are going to do.

169
00:12:03,440 --> 00:12:07,159
I think the US dollar, I
think after we have a financial reset,

170
00:12:07,159 --> 00:12:09,600
the US dollar is definitely going to
hit the back burner. I think

171
00:12:09,639 --> 00:12:13,559
it's time as a reserve currency is
going to really start to fade. People

172
00:12:13,600 --> 00:12:16,360
have been talking about it forever,
but I feel like we actually have the

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00:12:16,399 --> 00:12:22,879
technologies and the whole world is open
to you know, these new blockchain platforms

174
00:12:22,919 --> 00:12:26,399
or not platforms, but I don't
know protocols or whatever it is, so

175
00:12:26,399 --> 00:12:30,320
that it can be more open source, free flowing. The world regulates things

176
00:12:30,440 --> 00:12:37,240
versus regulators. I'm trying to regulate
and control things, right, So yeah,

177
00:12:37,440 --> 00:12:41,960
we're definitely getting closer to the world
becomes one and we all regulate each

178
00:12:41,960 --> 00:12:46,399
other and assets and things like that. Amazing, amazing, All right,

179
00:12:46,639 --> 00:12:50,559
what else you got from me here? So we got a energy chart?

180
00:12:50,120 --> 00:12:54,200
Yeah, let me pull up the
chart of oil. We can take a

181
00:12:54,240 --> 00:12:56,840
look at that. If we take
a look at crude oil, it's have

182
00:12:56,919 --> 00:13:01,039
a little pullback overall, I'm not
a huge fan of the crude oil price.

183
00:13:03,279 --> 00:13:07,879
It's really trading in this kind of
kind of shrendless huh. Yeah,

184
00:13:07,919 --> 00:13:11,720
it's pended formation. It had a
big move down. The big question is

185
00:13:11,720 --> 00:13:13,360
is this a halfway point. I
do believe we're going to go into a

186
00:13:13,360 --> 00:13:16,960
recession. I think we're gonna see
forty dollars oil. Again. This is

187
00:13:18,000 --> 00:13:20,480
the monthly chart, so looking forward, you know, six seven, eight

188
00:13:20,519 --> 00:13:26,159
months, this could this could be
forty dollars oil from now. We'll see

189
00:13:26,159 --> 00:13:30,480
how that unfolds. That's what this
chart pattern is pointing to. So what's

190
00:13:30,559 --> 00:13:33,879
interesting is energy stocks are actually trading
up your all time highs. If we

191
00:13:33,879 --> 00:13:37,919
look at for example, xl E. It is trading way up here at

192
00:13:37,960 --> 00:13:43,879
all time highs and which I find
pretty interesting. And is that a result

193
00:13:43,960 --> 00:13:48,559
of the how yields on those stocks? Yeah, it could be, it

194
00:13:48,519 --> 00:13:54,759
could be. Typically we see the
energy sector do fairly well just before recession.

195
00:13:54,799 --> 00:13:56,480
I think a lot of people are
expecting oil to go higher, and

196
00:13:56,519 --> 00:14:01,399
they're piling into the leverage play,
which are the miners or the energy stocks,

197
00:14:01,440 --> 00:14:03,759
and they're they're going up. I
mean, when we have a correction,

198
00:14:03,799 --> 00:14:07,039
these are going to get hit,
just like they did back in two

199
00:14:07,039 --> 00:14:09,440
thousand and eight. And every time
we have a kind of economic weakness,

200
00:14:09,440 --> 00:14:13,279
they fall off a cliff. But
people are in the space, there are

201
00:14:13,320 --> 00:14:18,120
good dividends, and you know,
the whole fact that we have like kind

202
00:14:18,120 --> 00:14:22,399
of the war going on, it
definitely helps. I think people want to

203
00:14:22,399 --> 00:14:28,600
move into energy space expecting potentially higher
oil pricing. Usually oil does very well

204
00:14:28,639 --> 00:14:33,080
in the middle of a war.
Although you know, the war now seems

205
00:14:33,200 --> 00:14:37,679
more and more digital than the old
consumption, more of a media event that

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seems. Yeah, anything else,
Yeah, everybody propaganda, everybody competing.

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You can get the right spin,
the right propaganda out. It's kind of

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like wag the dog, you know. Yeah, So like carry if we

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take a look at the US dollar
index, so this is this is kind

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of where I kind of think we
might might unfold. So this is the

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monthly chart of the dollar index.
I believe we've got a series of higher

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lows, a series of higher highs. So the dollar is in a long

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term up trend. I do believe
we're going to see in the next few

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months the stock market the economy top
out. I do believe we're going to

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see the US dollars start to rally
where maybe up to one twenty, maybe

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even higher. And as the stock
market's collapsing and the dollars going up as

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kind of the last urah I think
for the last maybe reserve currency move for

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it, that is going to put
pressure on gold. That's when we start

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to see gold and silver have the
pullback because of the rising dollar and just

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liquidation of people having to liquid eight
investments because everything's falling. They have margin

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calls, they're running out of money, they're selling in fear of losing even

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more money. So the dollar,
I think, is going to have one

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more big push and then this is
kind of taps into what you and I

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were just talking about Kerry, which
is I think after this market correction and

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chaos will be the reason for the
government to say, hey, we're resetting

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to some new digital currency and it'll
be similar like the two thousand. Actually,

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a lot of the feeling that I
have now feels very similar to the

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two thousand in terms of major multi
year decline inequities. I think the dollar

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will go into a multi year selloff. So even when it gets up here,

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I think it's I think it's going
down and it might it might not

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ever come back, which is the
ultimate story for precious metals, right,

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And that's where we flip to some
digital currency and bricks or whatever those new

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platforms are going to be. So
it is going to be life changing.

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Really this the next I think two
or three years, the financial system changes.

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The borders of who controls what change. It's not just going to be

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like a little company in the United
States like the SEC and the colmacs and

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stuff. There's going to be open
platforms where physical gold is you know,

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exchanged fairly with what's deliverable between people. There's a lot of stuff coming together.

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So it's if you don't if you
don't learn about it and don't take

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action. I mean you're going to
get left behind. I think you're going

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to get hit for sure or sure
anything else you want to look at it

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here, I really think that's about
it. I think I think in a

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nutshell, I think, you know, if we look at the overall cycle

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in the markets and investments in general, I believe we're right up here at

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maximum peak risk when it comes to
real estate, when it comes to businesses,

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when it comes to equity stocks.
I think you know, any money

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you put in here has very very
little upside. I think it's all downside

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from here. So people just need
to be aware we're going to go through

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a huge reset and it's going to
reset the how I think the world works.

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So I think that's what people need
to understand, is you don't want

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to just be sitting here thinking the
markets are going up. AI's saving the

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day. You better be ready because
if you don't, you're going to be

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half the wealth you had potentially a
year and a half from now and scratching

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00:17:53,039 --> 00:17:56,119
your head going on what I just
do. I wasted forty years of hard

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work. It's gone. Yeah,
Well that's what inflation does. It undermines

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all the values it really denigrates saving
and elevates spending because spending just to basically

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just to beat the inflationary wave.
What's your take on inflation though, let's

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put the reset aside. Is inflation
been solved, like the FED would like

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you to believe, even the you
know it's at two percent or whatever?

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Right? Yeah, Well, I
don't believe in any of whatever those guys

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say. But I mean, inflation
is still really high. It seems like

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it's still actually creeping up to some
regard. I mean, I don't follow

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politics, but I did see that
if Trump gets in, he wants to

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put like a sixty percent tariff on
China stuff everything from China, which to

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me because everything everything here comes from
China, it seems yeah, if he

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does that, I think inflation is
going to go through the roof. Because

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I used to be an importing company. I used to bring in things from

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China. I used to have my
own healthcare product, a lineup. I'll

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tell you, if I had a
sixty percent premium, I have to tack

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it onto the product and push it
off to the buyers. So if that

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happens, we're going to see inflation
skyrocket, because unfortunately it doesn't matter what

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you flip over, it says made
in China on it. So that could

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be a huge game changer that could
totally screw us with inflation. It'll obviously

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bring factories and things back, potentially
back to North America and we build our

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own economy. I'm not saying it's
a bad thing. It's just saying we

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won't see inflation. But if that
doesn't happen, I do feel like inflation

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once we go into this kind of
reset. I do think it will reset

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and inflation will go down. People
eventually are going to have to take a

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00:19:41,279 --> 00:19:47,039
hit. Instead of selling their container
load of product at the high price and

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try and pass it on to the
user, They're going to be like,

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00:19:48,119 --> 00:19:52,440
well, we just got to sell
this stuff for a loss and empty our

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00:19:52,480 --> 00:19:55,799
warehousing. They're going to have to
take the hit, and then eventually it'll

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go down. So somebody's gonna have
to take the hit for getting rid of

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their height cost inventory at some point
here, and then I think prices will

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start to drift flower and that I
don't think that will even happen. You

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know, we don't need a recession
for that to happen. I already think

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things are stalling. They're already saying
we've had peak sales for the SP five

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00:20:11,559 --> 00:20:15,880
hundred sales. Forecasts are all coming
down for a lot of businesses, they're

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00:20:15,920 --> 00:20:19,839
downgrading. So definitely things are slowing
and eventually that'll hit the end by the

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00:20:21,519 --> 00:20:25,640
seller who's gonna have to lower their
price and eventually just be happy with it.

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00:20:25,759 --> 00:20:27,240
We can get our cost out of
this, We'll be happy or a

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00:20:27,279 --> 00:20:30,799
tiny loss. Let's just get rid
of this inventory, because it's you're gonna

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it's a heavy weight on them.
Yeah, yeah, I get it.

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I get it. Well, all
right, so we got all that from

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00:20:38,960 --> 00:20:42,160
you. We appreciate it. To
just tell us where we find you,

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00:20:42,240 --> 00:20:47,119
how we connect with you and subscribe. Yeah. Sure, you can get

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00:20:47,160 --> 00:20:51,079
my video analysis on my YouTube.
Just go to Technical Trade the Technical Traders

298
00:20:51,079 --> 00:20:55,519
on YouTube, or they can go
to the Technical Traders dot com and they

299
00:20:55,519 --> 00:20:59,720
can join my free newsletter. I
provide video analysis and updates every week on

300
00:20:59,799 --> 00:21:03,839
what what's going on, how to
take action with the weekly swings in the

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00:21:03,880 --> 00:21:07,680
markets, and what's going on with
the Magnificent seven and Precious pedals and all

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00:21:07,680 --> 00:21:11,440
of that stuff. All right,
cool, appreciate it. Hey, you've

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00:21:11,440 --> 00:21:15,559
got a question for Chris or myself
shoot me an email kl at Carrie LUTs

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00:21:15,599 --> 00:21:22,200
dot com linked in the show notes
on Financial Survival Network dot com will take

305
00:21:22,200 --> 00:21:23,839
your right to Chris's site. While
you're there, please sign up for your

306
00:21:23,839 --> 00:21:29,480
free newsletter Chrits always a pleasure.
Thanks for stopping by. We'll touch base

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00:21:29,519 --> 00:21:33,920
with you in a couple months see
how things are progressing or regressing all right,

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00:21:33,920 --> 00:21:37,240
Thanks Kerry, take care allway.
Thanks for listening to Carrie Lets's Financial

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00:21:37,319 --> 00:21:42,559
Survival Network, your solution to today's
trying times. For the latest, go

310
00:21:42,599 --> 00:21:49,119
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