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Well to another little deep dive edition
of our Chicks on the Right podcast with

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our good friend and sponsor of the
show, Zach Abraham, who is the

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chief investment officer at Bulwart Capital Management, who knows all kinds of things about

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how all of the politics and the
things that are happening in the world affect

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your pocket book, and so Zach, obviously, one of the worst things

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that's happening in the country right now
is the biggest fire that has taken out

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the most land and the most cows
ever in the history of fires in America.

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And there's some speculation now some lawsuits
are happening that relate to the cause

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of the fire. But we were
curious about whether or not you believe that

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it's like a power line, you
know, a power company issue, or

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whether it was caused by Jewish space
lasers. I mean, naturally, the

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Jewish tically. I mean that that's
where my mind first went, you know,

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went right there. Yeah, and
you remember Austin Powers. Yeah,

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there's a lasers. Yeah, yeah, they're going to laser and the shark

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lasers. So whenever you hear stuff
like that going on, usually it's a

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laser. And then now in the
age of the you know, Israel now

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being an occupying state, it's natural
then to make the assumption if it's a

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laser, it's got to be a
Jewish laser. Totally, it's got to

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be a Jewish las. Yeah,
exactly. I'm glad clear that up.

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Yeah. So so on that note, like, do you think since listen

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because I live in Texas and I
can see. I mean, it's devastating.

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We're talking like what a million and
a half acres the industry, the

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catalystry, the beef industry is being
affected by this. And when I see

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that, listen, I'm a big
beef eater myself. Same beef industry is

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affected. AG is just overall is
affected by this. I don't think people

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are talking about this enough. And
so what do you think the ramifications are

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just from a financial perspective, because
I feel like that the industry is obviously

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going to take a hit, and
then well, I mean, we'll stocks

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take a hit, will the market
take ahead? Like what do you what

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do you see this looking like in
the next couple of weeks, kept a

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couple of months, in the next
couple of years. Well, I think

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there's kind of a I think there's
a couple of different ways you can look

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at it. It's really one of
the reasons I love doing this job is

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because to watch economic trends unfold and
play out, it's it's really it's it's

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fascinating to me. And the reason
I bring that up is, prior to

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COVID, when you looked at the
world, all you saw were threats of

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deflation, right like so meaning you
saw access is building up here or there.

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You saw economies that couldn't escape you
couldn't couldn't achieve escape velocity. You

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had issues in China going on with
their real estate market, that everything,

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and you just saw it was like
you just kept seeing, you know,

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deflationary pressure after deflationary pressure, and
it's just amazing how everything get turned on

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a dime. And where am I
going with this? I'm going I think

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the biggest impact is that you just
add this on the list of inflationary pressures,

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right and it's going to be through
more expensive power right now. Some

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of that will be transitory, some
of it won't. And I'm like that

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you're using that word, Zach.
I don't like it because yelling Yellen uses

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that word, you know, but
that's the that's the way of it,

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right. Some of it will stay, some of it won't. But it's

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just amazing that all of these things
keep chalking up to inflationary pressures. And

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then and then the other fascinating part
about it is when you flip over to

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the market as you would expect in
a bubble scenario, which I you know,

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I believe we're very much in one. And because we're in a bubble

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doesn't mean it's to burst tomorrow.
But one of the features of a bubble

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is that everybody ignores what they should
be paying attention to, and they just

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chase this. Right. I just
got done doing an interview with a friend

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of mine who also manages money,
and we were just talking about how there's

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so many commodities, and there's so
many agricultural things, and there's so many

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really basic simple investments out there that
I think are going to mop the floor

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with stuff like in video over the
next five to seven years, right,

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just just from evaluation play. Just
the inflationary pressures that are building up,

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they're not getting dealt with. And
remember, one of the reasons they're not

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getting dealt with is that's not what
anybody wants to own, So all the

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capital keeps flowing over here to these
tech kind of names and all of these

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commodities. Right, you know,
like we were talking about this, you

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know in video, everybody's all jacked
up out in video. Do you know

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the average chip that in video?
So the average home in the United States

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consumes like twenty eight to twenty nine
gillawass killawatt or is a gigawatt killowatt hours

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for whatever that function is that that
that metric got a lot hours per day.

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Okay, one single Nvidia chip uses
a third of that of the average

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American house. And that's just the
processing power. That doesn't account for the

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air conditioning, the power that's used
to air condition and cool the data centers.

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Right, So you're looking at each
chip effectively adding up to somewhere between

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thirty five to forty five percent of
the average power consumption of a home.

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Right now, all of this happening, Well, they're trying to get rid

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of nat gas, right you're plugging
in. So now we're plugging in these

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these data centers left and right.
We've literally had utility companies come out and

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say, hey, guys, you
got to quit building data centers and we're

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not gonna have power for you in
two years. Right, Oh my god,

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I saw a big article about that
today, right Yeah, And then

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everybody's ignoring it because it's not sexy
and it's not artificial intelligence. And like

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I've said so many times, one
of the toughest things about a bubble is

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a yeah, people lose a lot
of One of the things that's the most

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pernicious, though, is people ignore
or miss the simple home runs right in

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front of their faces, right,
Like commodity needs are gonna go up,

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and they're you know, you could
make an argument there probably has not been

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a better time to buy them,
and that's not what anybody wants. But

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yeah, all I see is just
inflationary pressure after inflationary pressure. You know

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what else is not sexy? Eating
bugs. I'm not doing it. I'm

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not gonna do it. I'm not
doing it. You guys, you might

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be forced to though, because like, now, what if they put stuff

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in your food? There's like all
kinds of laws now that they're putting through

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where they can they can make grocery
stores put stuff in and you don't ever

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know things are things are bored right
now, get we're saying I know she's

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like worked her word like orked.
It's all born worked, yeah, worked

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up. Yeah, I can say
in front of the kids too, you

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know, and feeling it's like the
sweetest chef from the Muppets memory the flame

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is yeah, borked exact, yeah, completely, And that's and I think

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I think it's just a great word
right now, because I think everything is

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everything is borked. Everything literally not
everything. I refuse to eat bugs,

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you guys, I'm not doing it
well. At least we have Zach to

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like help us understand, you know. I like the way that you put

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things and kind of bring some realism
back to what's happening and make people start

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thinking, well, maybe there's other
things in the market that I should be

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paying attention to it instead of just
freaking Apple and Google or whatever. So

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that's a that's a good spin on
this. Yeah. And here and here's

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here. Here's an anecdotal. Right, So we're we're off to a really

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good start this year. We're I
think we're up like eight or nine eight

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percent or nine percent so far year
to date, and we don't really own

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any of that stuff. And that's
what I'm trying to tell people guys,

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is being conservative and managing your risk
doesn't mean we don't have to make money.

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It just means you're not buying stupid, borked stuff. Yes, yes,

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I love that way. True,
it's true. Okay, Well,

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so then how can people hear more
from you? Because you offer a lot

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of really really good advice. So
what's the best way for people to connect?

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Yeah? Just I think probably just
connect to the show that we do.

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We do a show every single day
called The Daily Dots, about fifteen

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to twenty five minutes summarizing all the
important financial and economic news has happened that

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day, and then do a once
a week's show. Obviously, we run

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a firm where we actually manage money
too, so Know Your Risk radio podcast

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Bulwark Capital Management, we're on every
podcast site. Got a really cool interview

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coming up with a buddy of mine
who is from Monaco. He's a money

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manager in Monaco and really smart guy. I just got done recording that today.

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That drops tomorrow, so awesome.
This should be a good listener,

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Very cool. Thank you. That
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