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You know the central banks they orchestrating
rallies off of short squeezes since you know

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early two thousand and nine. You
can make a case from the low of

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two thousand and nine when the S
and P five hundred traded at sixty sixty

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six on March sixth, that that
was an orchestrated, no reversal, massive

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short squeeze. So you know,
these guys know that this is the name

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of the game. It can't stop
either. There is no other remedy.

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You're listening to Carrie Letz's Financial Survival
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00:00:30,839 --> 00:00:36,079
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00:00:42,679 --> 00:00:49,200
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Financial Survival Network now more than ever,

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00:00:52,640 --> 00:00:57,640
and welcome you are listening to and
watching the Financial Survival Network. I'm your

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o's Carrie lutz Nick. Hey a
little while, we've both been on vacation,

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family and all that good stuff.
Now the year has started, we're

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hitting the ground running. So we're
going to do a basically your insights into

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twenty twenty four bernstlet's juice, just
do our standard market rehease. What's the

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market doing today, Yeah, we
got a mixed session today. Technology is

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actually getting a bid that's been weak
recently, having video trading higher. That's

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up over five hundred dollars. So
everybody's talking about that today. AI back

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in the and the main scene of
things. But overall, you know,

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since the New year's begun, we've
gotten a little bit of a pullback from

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that very very overbought position that we
had going into the end of the year.

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And that was a big short squeeze
there. And I think that short

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squeeze now has the remedy itself,
and you'll start to see the market chop

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around here for a little bit.
But ultimately I don't really see anything problematic

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yet, at least for the markets
right now. Well, I know they

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say Santa Claus only comes once a
year, and we had quite a Santa

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Claus rally, didn't we. I
mean almost from the moment they put up

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the Christmas lights. Yes, j
Powell decided to put on a Santa suit

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this year. He's a little bit
thin, but it worked out. Nonetheless,

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you know, the Powell pivot did
the trick, and you know,

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nobody expected that. I didn't expect
that myself. I thought he would talk

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hawkish because he really had things in
control with the two year treasury yield bawling

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below the Fed funds rate. But
you know, I think it was December

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twelfth, December thirteenth when he came
out with that decision, and it really

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gave us another big rocket ship boost
to the upside. And you know,

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now the markets are just trying to
work that off a little bit. We

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have earning season starting up in the
next couple of weeks, so that'll be

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pretty important as well. We'll start
to get some numbers from some of these

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companies and see how things are truly
faired. You know, you never know

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how the market is when it gets
you fork like it did off the Powell

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pivot. Yeah, well that power. But we're going to talk more about

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as far as UH sectors. I
remember we saw housing stocks hit that new

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high. I think it was December
one that hit the all time high.

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All the major housing stocks, whether
it's Toll Brothers, Kadi, Lennar,

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right around that same time, within
a two to three day time period,

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they all hit that high. And
that was kind of the giveaway that somebody

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knew something. Right, that's right. You know, the housing stocks were

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not going down. They were acting
really really well. They were moving up.

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And somebody always knows something in this
business. It's just not us,

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but somebody always knows something. You
know. We have to look at the

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charts and try to find the patterns, and you know that that's how we

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go about our business. But somebody
always knows something. And you know it

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would really was. The market moves
on surprises, whether it's to the upside

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of the downside. When the market
doesn't have something calculated in and you get

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a big move, you know that
it was a surprise, and that really

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was shocker to see him lower his
his rate out look, after being so

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hawkish for so long, all of
a sudden, you know, two weeks

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ago or two weeks prior to that
announcement, he's very very hawkish, and

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here he comes in as the dove
of all doves, and you know we've

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seen him do this before. He
actually did it in December of twenty eighteen,

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and we call the Christmas reversal.
I think it was on the twenty

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sixth of December. You know,
we're going to lower the Fed funds rate

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back down to zero. We're gonna
start a quantitative easy remember that, And

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the market just ramped up for two
years. So you know, you just

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got to be aware of how the
Fed operates. They jawbone a lot,

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and then when they can actually jaw
bone, it seems like they really do

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take action, and that gives them
another, you know, another market move

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in a direction of their favor.
Yeah. I just find the whole thing

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kind of fascinating because look, historically, five percent interest rates, that's what

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we've had, right, that is
the number, and you know, five

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percent mortgages whatever. And now the
economy can't even sustain the historic normalized interest

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rates for very long. The economies
can't. The economies of the World warre

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just falling to pieces. And I
don't think it was something that Powell did

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lightly. I think it's something you
had no choice but to do, because

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how many more banks could collapse before
something had to happen here? Nick,

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Yeah, absolutely, And we've had
an inverted Yolker for well over a year

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now between the two year note and
the ten year note, So that's always

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been a great indicator of a recession
throughout history. And you know, a

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lot of people are now looking for
twenty twenty four to have well, let's

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see if we have a recession this
year, so it's certainly a possibility.

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You know, the central banks they
orchestrating rallies off of short squeezes since you

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know, early two thousand and nine. You can make a case from the

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low of two thousand and nine when
the S and P five hundred traded at

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six six six on March sixth,
that that was an orchestrated, no reversal,

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massive short squeeze. So you know, these guys know that this is

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the name of the game. It
can't stop either. There is no other

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remedy. You either let the markets
go down, then you squeeze them up,

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and you just keep playing this game
as long as you can. But

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we've already crossed the rubicon carry with
thirty four trillion dollars worth of debt.

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So you know, enjoy the rallies
when you get them, I guess,

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and you know you go back to
business that way. Yeah. Actually,

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the first time I remember them directly
interceding in the markets was nineteen eighty seven.

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The crash of nineteen eighty seven happened
on a Friday, and basically on

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Monday, all the markets had seized
up except the Kansas City futures market,

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and the FED started massive buying on
that market, and all of a sudden,

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everything opened up and jolted ahead,
and we saw these huge advances.

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And from that point on, the
market's never been allowed to actually engage in

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its cleansing action. Arguably, we
had that recession during Obama and they let

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the market go down, but only
to a certain point, and then they

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were back in there manipulating the hell
out of it. That's right. And

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you know there's an old wivestyle out
there that Ronald Reagan signed an executive order

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after the eighty seven crash and created
a working team to never let the markets,

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you know, fall that much.
Now, we don't know how true

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that is, if it's really something, but I believe they did do a

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working group, and they do have
a working group out there. But you

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know, you don't even have to
follow that so much. You just follow

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really what the FED is going to
do, and you follow charts, and

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all the tr rules still work as
good as they've ever worked. And this

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has been going on for years and
years, and that's why I used them

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and I tell everybody just learn the
charts. You know, if you're not

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going to always nail it to the
day or pinpoint things perfectly, sometimes you

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do, but you know you'll have
a good, good understanding of how the

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markets work and how they actually move, especially when you get all this rhetoric

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coming out of you know, central
bankers almost on a daily basis. Hey,

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that was the birth of the good
old PPT, the Plunge Protection Team.

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That's right. I haven't seen anybody
make any mention of the PPT for

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years now because it's so normalized that, you know, I don't want to

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say it's transparent, but it's transparently
obvious. That's right. It has.

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And that's like everything, Kerry.
You know, when they implement something,

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if they implemented long enough, it
just becomes normalized, like you just said,

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And that that's exactly where we are, where people don't even mention the

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PPT, the Pluet Protection Team any
longer. All right, quickly, Energy

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and precious metals, where where is
it? Where did we start the year

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at? Where is it now?
Well? Prude oil, Actually we'll start

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with energy and oil. Prude oil
actually tried to make a move and you

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know, oil got to around seventy
five dollars a barrel. It just really

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can't get anything going. I actually
own the USO at the dead low,

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so I'm still in the money there, but I have a breaking and stop

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on my second half position. It's
been a tough trading. Like I said,

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k if we take out the lows
that were made, you know,

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not that long ago in oil,
we're going to see oil go down to

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fifty five dollars a barrel. So
I know that's hard to believe with all

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the conflicts going on around in the
world, but even today we had Saudi

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Arabia basically come out and say that
they're going to lower oil prices around the

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globe. And just right before the
holidays, we had an OPEC meeting where

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these same guys wanted to do production
cuts. So they speak out of both

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sides of their mouth. They've actually
learned from the Federal Reserve. They've learned

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the playbook from the master. They
learn learn the faster as of double speak.

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They have, they really have,
and they are good at it.

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So now all of a sudden,
today the headline is that, you know,

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Saudi Arabia is gonna lower oil prices
around the world. You just can't

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make this stuff up, you know, And this is why, you know,

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I always tell my traders, I
said, hey, we already made

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money on this trade, and take
app off the table and we just sit

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with the second half at breaking with
a break even stop and play with the

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houses money. Because it just gets
to be, you know, one day

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to the next, you just get
so much rhetoric from these different groups.

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Okay, so oil, what's oil? We've got energy. That gas is

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still trading at the lows. Yeah, that gas had a good little run.

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It tried to make a run at
three. Now it's back off again.

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It's been a lot of whipsawce.
So that tells me probably somewhat of

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a manipulated market here for nack gas. But that's that's with everything. So

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you know, after you have a
seventy eight month run up, you're going

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to get a pullback of some sort. I think that pullback has already occurred.

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I'm looking for a bottom in that
gas. I pulled my nack gas

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trade off the table a while ago
again with a break even stop and made

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a little profit there. But I'm
looking to get back in it. I

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do think it's headed higher. I
think it's still the energy that the world

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needs, but you know, supposedly
these controllers don't believe it. So well,

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we'll see how it plays out.
But the chart is going to be

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important for that gas. But today
it's having to sell off, and you

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know, it's been very volatile,
and that's the problem with it. You

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know, you have five percent moves
almost on a daily basis. O good,

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so and then all right, so
what about bitcoin and and gold and

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silver? All right, we'll go
to bitcoin next because everybody's waiting for this

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approval of a spot bitcoin ETF.
I think that's gonna help a little bit.

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I don't think. I think the
move in bitcoin has probably been made

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for the most part, or it's
factored into the cake already with the big

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00:12:16,600 --> 00:12:20,440
run up that it's had into these
spot bitcoin ETFs. If these things don't

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get approved, I mean bitcoin is
going to sink like a ship. So

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that's that's where we are. You
know, I don't know what's going to

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happen. Honestly, it's in the
SEC's court. The court's kicked it back

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to the SEC. So we'll see
what happens here as we go forward.

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But you know, it's very very
important that they get that approval. If

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they don't get that approval, I
mean, it could be you know,

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the end of bitcoin as we know
it. That will be interesting to see.

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And yeah, today bitcoin crossed forty
five thousand, and it looks like

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the market seems to think these ETFs
are going to be a fade a complate.

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But we will see. You know, one thing I've learned is never

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00:13:03,679 --> 00:13:07,399
count on the government or the courts
to bail you out or to provide you

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00:13:07,440 --> 00:13:11,399
with a windfall. If you get
one anyway, that's okay, but don't

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00:13:11,799 --> 00:13:18,519
think they're going to save you.
Hey, so precious metals, We're still

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00:13:18,519 --> 00:13:22,240
over two thousand in gold, but
taking a little bit of a hit this

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00:13:22,279 --> 00:13:26,200
week. Yeah, gold had a
great run and it's been flirting with that

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00:13:26,279 --> 00:13:30,799
breakout Kerry. You know, there's
a big trend line going on a monthly

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00:13:30,879 --> 00:13:35,600
chart of gold futures and we have
not been able to close above there,

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00:13:35,039 --> 00:13:39,840
and that's a real, real big
problem at the moment. Now, eventually

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00:13:39,919 --> 00:13:43,840
I believe it's going to close above
there and go a lot lot higher.

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But in in their term, we're
doing a lot of backing and fillings,

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00:13:46,320 --> 00:13:48,480
so you still got to be careful
with gold here. I love it longer

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00:13:48,559 --> 00:13:52,080
term and the short run. You
know, I'm just sitting and waiting to

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trade levels. I haven't done anything
really in the space because it just hasn't

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given me a confirmation of a breakout, and it might trade a little bit

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00:14:01,120 --> 00:14:03,639
lower in the near term. So
I don't know what to do here.

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When I don't know, I don't
do and I just sit back and wait.

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00:14:07,200 --> 00:14:11,039
But you know, if gold goes
into a real correction type move now,

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00:14:11,080 --> 00:14:16,120
we could see a trade down to
the mid to high sixteen hundergandle which

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00:14:16,159 --> 00:14:18,240
I believe is a golden goose buying
opportunity, and I would be all over

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00:14:18,360 --> 00:14:22,279
at that stage of the game.
No guarantees it's going to get down that

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00:14:22,399 --> 00:14:24,240
far. But you know, again, it has not broken out, and

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I would not chase it right now. And of course silver has like not

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participated at all here. Yeah,
silver is lagging gold right now. And

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we've seen, you know, last
year or the year before, we've seen

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silver take leadership. This time around, it's legging. It is not keeping

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up with gold, So keep an
eye on that. I love the silver

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formation though, what it's doing a
lot of traders are looking at silver saying,

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ah, you know, it's not
going to make a move, But

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I think silver has got to pull
back in its cards here, and that's

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going to be a setup to get
long and a level I I really like,

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and I'm going to give it to
you guys here. I give it

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to my members over the weekend is
nineteen dollars on silver futures. It might

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be a slight pierce, you know, maybe eighteen eighty, eighteen seventy five,

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but if you get silver down in
nineteen, I will be loading the

214
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boat once more. And I already
got a boatloaded the stuff Kerry, so

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I will be loading up once again
around that level. And I think that's

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if you missed it at seventeen forty
when I gave the call there in September

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00:15:26,799 --> 00:15:33,039
of twenty twenty two, this is
your chance to get into silver. You

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know. Nineteen bucks is the next
load up phase. Okay, all right,

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00:15:39,600 --> 00:15:45,759
sounds good. Now let's talk about
twenty twenty four and beyond. You

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know, I always think about what
I'm thinking about the future. I always

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think about what Eisenhower said when he
was president, and he said something the

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effect of things are more like they
are now than they've ever been before.

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Well, I'm gonna stick with that, saying myself, they really are.

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And and I know a lot of
people are going into the new year thinking

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we're gonna have a crash, and
you know, I'm not in that camp.

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I think the market will chop around. You have an election year this

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year, so you know you're gonna
get some volatility just done on that basis

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I would expect. But overall,
what I'm seeing for the year is that

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this market is just gonna be a
chopping grind and if you don't, you're

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gonna have to watch chart patterns.
You're gonna have to be a chartist.

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00:16:30,360 --> 00:16:33,399
And again, if the central banks
do come out and do rate cuts,

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that's always a positive and markets can
go higher. So I'm not an uber

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bear this year at all. I
think that the Fed is still driving the

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ship, and there Jay Powell is
still in charge, sitting at the captain's

235
00:16:47,960 --> 00:16:52,879
seat right now. All right,
so gold, you what are your feelings

236
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about gold for the year. Well, I really think that gold right now

237
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is a little bit of a tough
trade. If we across that twenty one

238
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hundred, and we do it on
a monthly closing basis, goals off to

239
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the races. If we stay underneath
that twenty one hundred, we could go

240
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back as low as sixteen seventy five, sixteen eighty, and that would be

241
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the level to get in, and
I mean get in for the long haul.

242
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Get in and don't look to get
out for years to come. That's

243
00:17:19,920 --> 00:17:22,519
my take on it, because when
gold does break out, we're going to

244
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see it probably go twenty eight twenty
nine hundred, that's what the symmetry of

245
00:17:26,440 --> 00:17:30,240
the pattern shows. That's where we
would go, maybe even test three thousand.

246
00:17:30,559 --> 00:17:33,440
I'm not in the camp that I
hear so many people say, goals

247
00:17:33,480 --> 00:17:37,480
going to ten twenty thirty thousand.
I don't see that, but you know

248
00:17:37,519 --> 00:17:41,920
it moved to three thousand. Move
to twenty eight hundred. Twenty nine hundred

249
00:17:41,240 --> 00:17:45,559
certainly is possible. But you got
to cross that twenty one hundred level on

250
00:17:45,640 --> 00:17:48,920
a monthly closing basis. You do
that, that's where we're headed and we'll

251
00:17:48,920 --> 00:17:55,200
probably get there pretty quickly. Good. So as far as stocks go,

252
00:17:55,640 --> 00:17:59,799
so, like you said, it's
going to be a grind. Any sectors

253
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you see that are probably better than
others. Yeah. So right now you've

254
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had a big, big tech run
techniques to correct itself, so you kind

255
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of stay away from that for the
first half of the year. There will

256
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be tech stocks, maybe some certain
names that will do better than others in

257
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the near term, but for the
whole you stay away from tech at least

258
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until you know, late April or
even even into June perhaps, and then

259
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you start to look at tech.
Tech could be a second half runner,

260
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but the first half, Tech's got
to work off that ridiculous gain that it

261
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had last year. I mean,
the Nasdaq was up forty four percent,

262
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so you got to work that off. You don't look at technologies, you

263
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know, you look at now.
You look at companies that were beaten down

264
00:18:45,400 --> 00:18:49,119
last year, believe it or not. I like Bristol Myers right that stock

265
00:18:49,279 --> 00:18:53,920
was eighty closed down that round fifty
dollars last year. That's something I'm in

266
00:18:53,960 --> 00:18:57,279
call options with. I'm looking to
be a buyer of it. You look

267
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at other stocks, even Walgreens,
which I don't like the company at all.

268
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They just cut their dividend. Stock
looks horrible, but it's a dog

269
00:19:04,680 --> 00:19:08,079
of the Dow. So you look
at something like that. I also like

270
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a lot of the proctors and Kimberley
Clarks. I think those could firm up.

271
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They're not there right now, but
that's a group or an area.

272
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The consumer goods names that I would
look at as well. They need to

273
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play some ketchup and then you could
look at small caps after a pullback of

274
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some sort, but they add too
big of a run into the end of

275
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the year, so I would stay
away from them until they give us a

276
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really good level and they you know, we could see like a forty thirty

277
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to fifty percent retrace before that occurs, So you know, you look for

278
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patterns set ups now. But I
would void tech for the first half of

279
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the year for the most part.
Hey, Walgreens going back to that at

280
00:19:45,039 --> 00:19:51,559
a high yield, it hasn't been
doing well and then they cut it,

281
00:19:51,839 --> 00:19:56,599
which I guess was widely anticipated.
Now it's down to a four percent yield,

282
00:19:56,319 --> 00:20:02,359
and I guess the stocks kind of
finding its way. Huh. Yeah,

283
00:20:02,359 --> 00:20:03,960
it's trying to find a bottom.
I don't like the company at all.

284
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I think it's it's horribly run.
I think chart has been bearish for

285
00:20:08,880 --> 00:20:11,519
years and years. But you know, you got a dog of a Dow

286
00:20:11,640 --> 00:20:15,319
theory there, right, Dogs in
a Dow usually play out. At least

287
00:20:15,359 --> 00:20:18,000
they're you know, something that could
could catch up and do a little bit

288
00:20:18,039 --> 00:20:22,079
better. And you know, just
like the Intel was last year, right,

289
00:20:22,079 --> 00:20:25,519
Intel was a dog of the Dow
last year. Intel had a really

290
00:20:25,559 --> 00:20:30,640
good run in recently, so you
know again in twenty twenty three. So

291
00:20:30,720 --> 00:20:34,039
you look for things like that the
first the first half of the first few

292
00:20:34,079 --> 00:20:37,759
months of this year. You know, I wouldn't be putting money to work

293
00:20:37,799 --> 00:20:41,599
in these five flying tech names.
I think that should be avoid at all

294
00:20:41,640 --> 00:20:45,759
costs. And again, you know, sometimes they defy gravity and they go

295
00:20:45,799 --> 00:20:49,200
higher than anybody expects, but I
would never chase them up here after the

296
00:20:49,279 --> 00:20:55,240
run that we've seen like last year. Oh good, So all right,

297
00:20:56,359 --> 00:20:59,799
so we talked about housing, But
what do you see about housing for the

298
00:21:00,000 --> 00:21:03,720
I mean, you're because we do
have this shortage of housing all right now.

299
00:21:04,079 --> 00:21:07,359
Obviously, all you need to cure
a shortage of housing is a lot

300
00:21:07,359 --> 00:21:12,400
of people looking to sell, and
more people looking to sell than to buy.

301
00:21:12,920 --> 00:21:18,680
But this looks like it's almost a
systemic issue here. Well, we

302
00:21:18,759 --> 00:21:22,039
got to remember, Kerry, we
had a lot of big, big firms

303
00:21:22,079 --> 00:21:27,680
out there, whether it was subsidiaries
of Blackstone or black Rock. They've all

304
00:21:27,720 --> 00:21:30,400
bought, you know, houses.
I can't tell you how many people I

305
00:21:30,480 --> 00:21:36,359
know that sold their home and are
renting from the same people that they sold

306
00:21:36,359 --> 00:21:41,680
the house to. It's incredible phenomenon. We've never seen this in our lifetime.

307
00:21:41,160 --> 00:21:45,440
So you know, that has taken
a lot of supply off the market,

308
00:21:45,720 --> 00:21:48,720
and when you don't have supply,
prices stay. I so I'm not

309
00:21:48,799 --> 00:21:52,559
looking for any dramatic drop in housing
unless interest rate and really go through the

310
00:21:52,640 --> 00:21:59,000
roof, and interest rates went from
basically nothing to five percent and the mortgage

311
00:21:59,039 --> 00:22:03,279
rates went up to eight percent on
moston a housing price is still held up.

312
00:22:03,680 --> 00:22:06,960
So you know, right now it's
all about supplying demand and there's very

313
00:22:07,039 --> 00:22:10,400
very little supply out there. So
you know, I think housing can pull

314
00:22:10,440 --> 00:22:15,720
in a little bit, but I
don't see it going down significantly, all

315
00:22:15,799 --> 00:22:19,039
right, So so housing is more
of the same, like we kind of

316
00:22:19,079 --> 00:22:23,039
said there, yep is, and
I think that's how it's going to be

317
00:22:23,119 --> 00:22:27,720
this year. You'll get some pullbacks
like always in the housing stocks, but

318
00:22:27,839 --> 00:22:33,039
you know, keeping one companies like
Lenard that's really probably the tell of what

319
00:22:33,079 --> 00:22:37,519
housing does overall. I think that's
the most important. That's like the JP

320
00:22:37,759 --> 00:22:41,119
Morgan of the housing stocks. So
watch that one. Stocks still holding up

321
00:22:41,160 --> 00:22:45,079
really well right now? Yeah,
yeah, which is like exactly what you

322
00:22:45,119 --> 00:22:48,519
wouldn't think. But hey, I
guess it all goes back to the Powell

323
00:22:48,559 --> 00:22:55,359
pivot. So originally Powell said three
interest rate cuts, the market turned that

324
00:22:55,440 --> 00:22:59,359
into six. How many cuts do
you think we're gonna get for the coming

325
00:22:59,400 --> 00:23:03,640
year? Will we get? I
think if we do get cuts, it'll

326
00:23:03,680 --> 00:23:07,559
just be two. I don't even
think we're going to get three because you

327
00:23:07,640 --> 00:23:11,319
have wars going on. Wars are
inflationary, so how you know? Everythinks

328
00:23:11,359 --> 00:23:15,720
the Fed is really stupid because they
play dumb. But these guys are not

329
00:23:15,880 --> 00:23:19,000
stupid. They're they're very smart.
They have a big team over there,

330
00:23:19,119 --> 00:23:25,960
NBA's PhDs, mathematicians, statisticians.
I've said this a million times. They're

331
00:23:26,000 --> 00:23:30,079
not stupid. They know that interest
rates are not going down that much,

332
00:23:30,519 --> 00:23:33,480
even though regardless of what they do, there's a four under the ten year

333
00:23:33,559 --> 00:23:37,279
Treasury note yield, so you know
where that could it go? Three seven,

334
00:23:37,359 --> 00:23:41,039
three point five percent? That's it. It's not going down any lower

335
00:23:41,039 --> 00:23:45,359
than that. And if you get
any invasion of Taiwan, China going into

336
00:23:45,400 --> 00:23:49,759
Taiwan or something along those lines.
Now you've got supply chain disruptions. That's

337
00:23:49,759 --> 00:23:53,880
as inflation area as it gets,
so they have to be aware of this.

338
00:23:55,039 --> 00:24:00,440
I just don't really see how they're
gonna cut rates. I'm they give

339
00:24:00,480 --> 00:24:03,359
them two rate cuts because they said
they're gonna do three, and the market's

340
00:24:03,400 --> 00:24:07,559
looking for more. But the market's
always greedy, right, The market's always

341
00:24:07,599 --> 00:24:11,039
looking for way more than what they
they are going to get. Right.

342
00:24:11,079 --> 00:24:15,359
The market's always like it's like a
dog begging for a treat, you know,

343
00:24:15,480 --> 00:24:17,880
So you have to think of it
like that, right when you walk

344
00:24:17,880 --> 00:24:19,759
in a dog, a dog always
looking for a treat. They'll stop and

345
00:24:19,799 --> 00:24:22,440
give you the paw and all of
that stuff. You might even roll around.

346
00:24:22,759 --> 00:24:26,160
Well, that's what the market is. The market's like a dog looking

347
00:24:26,200 --> 00:24:29,839
for a treat. They're always looking
for free money. So I just don't

348
00:24:29,880 --> 00:24:33,880
see how it's going to happen.
If China does go into Taiwan. Hey

349
00:24:33,880 --> 00:24:37,200
the ballgame changes and everybody better be
aware of that. Yeah, I personally

350
00:24:37,279 --> 00:24:44,359
don't think it's going to happen because
the CCP is in real trouble right now.

351
00:24:45,279 --> 00:24:51,640
Crisis of leadership ZE looks like he's
you know, not long for the

352
00:24:51,680 --> 00:24:56,920
party. If he does manage to
hold on, the problem is, in

353
00:24:56,000 --> 00:25:00,319
order for them to invade Taiwan,
he's got to a point somebody the head

354
00:25:00,319 --> 00:25:07,039
of the military, all the all
the branches in China. That person then

355
00:25:07,119 --> 00:25:12,240
becomes the most powerful person in China, and that could well be what's held

356
00:25:12,279 --> 00:25:17,279
it back. Plus, it is
a question about can they really win,

357
00:25:17,519 --> 00:25:21,519
right, Well, I think they
could win. I think that that would

358
00:25:21,640 --> 00:25:23,319
be a problem, the same way
I think Russia could win Ukraine. I

359
00:25:23,319 --> 00:25:29,200
don't think that's a problem either.
The problem is, right, at what

360
00:25:29,319 --> 00:25:32,880
cost does it come? And that's
that's what they they're up against. But

361
00:25:33,000 --> 00:25:37,480
basically we get news reports saying that
President she has already told President Biden that

362
00:25:37,519 --> 00:25:41,000
at some point he is going into
Taiwan this year, So, you know,

363
00:25:41,200 --> 00:25:45,240
is that just more rhetoric. Will
they do it? You know,

364
00:25:45,319 --> 00:25:47,480
it remains to be seen. I
don't know that stuff. I don't know

365
00:25:47,519 --> 00:25:49,640
if they will or they won't.
But what I will say, if they

366
00:25:49,680 --> 00:25:56,160
do, watch for inflation. There's
no way to counter to that. Yeah.

367
00:25:56,400 --> 00:26:00,839
Yeah, well, probably a huge
mistake to go in there, But

368
00:26:02,119 --> 00:26:07,640
leaders have done things when they're desperate
before and that have surprised the world.

369
00:26:07,839 --> 00:26:14,720
So hey, it's just the tofu
dreg world economy here at work. That's

370
00:26:14,799 --> 00:26:18,839
all we're gonna call it. All
right, what about wars? More wars

371
00:26:18,880 --> 00:26:23,759
on the way more? Because we're
talking about wars. What's happening with the

372
00:26:23,799 --> 00:26:27,359
wars that are going on now?
And what can we look forward to?

373
00:26:29,000 --> 00:26:32,799
Yeah, more wars are on the
way for the next six, seven,

374
00:26:32,920 --> 00:26:36,599
eight years. Who knows. It's
the war cycles are all in place now.

375
00:26:37,039 --> 00:26:41,279
I mean they all have kicked into
gear, you know, so you're

376
00:26:41,319 --> 00:26:45,319
going to see conflicts continue twenty twenty
four. You know, hopefully we can

377
00:26:45,440 --> 00:26:49,000
avoid some of it, maybe even
going to wind down in Russia and Ukraine,

378
00:26:49,039 --> 00:26:52,400
that's a possibility, but others are
going to flare up. It's not

379
00:26:52,480 --> 00:26:56,880
going to end. You could even
start to see you know, with the

380
00:26:56,920 --> 00:27:02,559
election, you could even start to
see a minor civil a civil war here

381
00:27:02,599 --> 00:27:04,839
in the US. I mean,
you know, all of these things are

382
00:27:04,960 --> 00:27:10,039
in play right now. I would
I'd be very very much aware of war

383
00:27:10,160 --> 00:27:14,640
sticking around for the next several years. All right. So, yeah,

384
00:27:14,720 --> 00:27:18,720
you even had Venezuela said they were
going to go into Guyana and take their

385
00:27:18,759 --> 00:27:21,960
oil fields. Right, yeah,
that's right, that's right. And then

386
00:27:22,039 --> 00:27:25,640
you know, watch another you know, people aren't realized, but India has

387
00:27:25,640 --> 00:27:29,720
been the hottest economy in the world. If they have wounds with Pakistan,

388
00:27:29,880 --> 00:27:33,759
that's a problem as well, so
keep an eye on that as well.

389
00:27:33,799 --> 00:27:37,200
I mean, but you yeah,
the perfect example Venezuela. You know,

390
00:27:37,240 --> 00:27:41,480
who would have expected that? Nobody
expected either that? Right, that's crazy,

391
00:27:41,640 --> 00:27:45,599
right it is. And we're in
a crazy time, Carrie. This

392
00:27:45,680 --> 00:27:51,079
is an upside down world and all
of these things are not going away anytime

393
00:27:51,119 --> 00:27:56,680
soon. So true, so so
true. So we got like interesting times

394
00:27:56,680 --> 00:28:00,319
ahead, that's for sure, right, without a doubt. And it's the

395
00:28:00,720 --> 00:28:06,079
chaos is going to continue we are, you know, and we haven't even

396
00:28:06,119 --> 00:28:10,160
spoken about the election yet. That's
that could be chaos as well. Yeah,

397
00:28:10,200 --> 00:28:12,799
well it seems like it's getting off
out of good foot there. Huh

398
00:28:12,839 --> 00:28:18,599
oh yeah, oh yeah, we're
we're we're we are looking at you know,

399
00:28:19,279 --> 00:28:22,960
I like to call it the actors, right, we're looking at all.

400
00:28:22,279 --> 00:28:25,720
I think all these politicians are actors. In fact, I think they

401
00:28:25,759 --> 00:28:29,160
all have Actors Guild cards. So
uh, you know, we'll we'll see

402
00:28:29,200 --> 00:28:33,759
how what kind of show they put
on for us. Yeah, well it's

403
00:28:33,839 --> 00:28:37,680
it's definitely going to be interesting,
isn't it. It's gonna be more than

404
00:28:37,759 --> 00:28:42,400
interesting. This is this is one
for the ages. Nothing's going to change,

405
00:28:42,519 --> 00:28:45,759
doesn't matter who gets really gets in. They're all kind of the same,

406
00:28:45,920 --> 00:28:51,319
right, But you know the show
is just going to be, you

407
00:28:51,359 --> 00:28:55,240
know, outstanding. It will out
do the Hamilton U and everybody liked the

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00:28:55,279 --> 00:29:00,079
New York City all right, all
right, well that is it? Or

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00:29:00,559 --> 00:29:04,799
today, make sure you go over
to Nick site in the Mooneystocks dot com.

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00:29:04,880 --> 00:29:11,640
See you has beating the averages for
decades and we'll see if his prophecies

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00:29:11,160 --> 00:29:15,920
for the coming year are accurate like
they have been in the past. If

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00:29:15,960 --> 00:29:21,480
you've got a question for Nick myself, email address Klafcarrie LUTs dot com.

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00:29:21,559 --> 00:29:25,880
Make sure you write your comments in
the YouTube channel below. If you're watching

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00:29:25,880 --> 00:29:30,599
this on YouTube and like, share
and subscribe and all that good stuff.

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00:29:30,920 --> 00:29:33,599
Nick, we'll talk to you on
Wednesday. Thanks first stopping by, Thank

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00:29:33,640 --> 00:29:38,240
you Carrie to see you on Wednesday. Thanks for listening to Carrie Letz's Financial

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00:29:38,319 --> 00:29:44,720
Survival Network your solution to today's trying
times. For the latest, go to

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00:29:44,880 --> 00:29:51,240
Financial Survivalnetwork dot com financial survival network
now more than ever