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Speaker 1: Mom and pop with the four to one k or

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a pension have an investment in slv R GLD. They're

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not going to get a dime of that gold. They're

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gonna get told, well, you messed out, we only had

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X amount and we are naked twenty. So the person

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who has the most exposure and is the biggest like

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buyer is going to get the gold you're not going

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to get you.

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Speaker 2: You're listening to Carrie Letz's Financial Survival Network, where you

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get valuable information you just can't find anywhere else to

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thrive in today's trying times. You need the Financial Survival

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Network now more than ever. Go to Financial Survivalnetwork dot

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com and get your free newsletter and gift. Financial Survival

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Network now more than ever.

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Speaker 3: And welcome you are listening to and watching the Financial

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Survival Network. I'm your host, Carrie Lutz got a really

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interesting couple of guys on I met them at the

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RIC Rule Conference, the ric Rule Resource Symposium, and really interesting.

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I love when younger people get involved in this space

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because look, I'm old, I've done my thing, I'm still

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doing it. But in order to get the younger generation

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educated and empowered, you need to start thinking differently. These

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guys run a site called pigos Trading Desk Desk. That's

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piggo apostrophe as Trading Desk and guys, great to have

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you on the show. Introduce yourselves please.

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Speaker 4: Well I'm Derek and this is Tony, my brother. We

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host a Piggo's trading desk. We are pretty much average

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American workingman. I work still at a regular place and

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I also do the trading with my brother.

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Speaker 5: He's been trading since he was like twenty four. Talk

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lit bit myself.

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Speaker 1: Yeah, I started trading at twenty four. I was classically

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trained in Austrian economics in China. And you know, I've

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built my own strategy over the years. Why I utilize

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a vortex indicator and I have a sheep indicator based

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on how many like for example, like people are gullible

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to the bullshit propaganda that it's be on TV. So

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the highest you can get the four and the lowest

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you can get one.

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Speaker 3: Well, you know what they say, sheeple who need sheeple

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are the leftiest sheeple in the world.

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Speaker 6: Exactly.

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Speaker 3: Webert Streissan saying that a song right, didn't she sheeple

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who need sheeple? But anyway, Uh, okay, So you were

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in China and you learned about Austrian economics.

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Speaker 1: Yeah, it's a funny story. Actually, my ex's dad owned

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one of the hedge funds in China, one of the

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biggest ones in Beijing, and he taught me classical economics

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when I lived there for two years.

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Speaker 6: Wow.

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Speaker 3: You know, like most hedge fund guys will not even

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admit that they heard of Ludwig von Misis let alone

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espouse Austrian economics because their whole busy. This model works

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because of the inefficiencies created by.

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Speaker 6: The Federal Reserve and Central planning.

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Speaker 4: Yes, and me, I learned about Austrian economics through like

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listening through guys like you and like Mario and Echo.

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That's where I first started learning about it, and then

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I started doing research on it and actually reading on

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it myself.

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Speaker 6: Yeah.

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Speaker 3: Well, back when I was in college, I discovered the

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Milton Friedman Free to Choose That was a special on

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PBS of all shows, all stations.

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Speaker 6: They would never show that.

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Speaker 3: Series on PBS again because basically it made the case

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for free markets and that a place like Hong Kong

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with free markets can prosper have huge wealthy standard of

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living and basically that most of the problems. He used

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to say, if there's a problem in the world, I

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could tell you exactly where it came from the government.

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And you know, I wouldn't say all problems are created

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by the government, but it's not where problems don't go

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to die with the government, they go to get institutionalized.

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Speaker 1: Yeah, yeah, definitely. And you know, in terms of like

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free market capitalism, you know, we haven't had that in

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the US in a very long time. And like this

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whole top down control started with the Hanseatic League back

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in the twelve hundreds, where you had them control in

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the market from the top down for the oligarchs.

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Speaker 3: Well, you know, one thing is most people are just

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going to go along with everything, right, Yeah, we don't.

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We've never had a population of critical thinkers normally. I

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was just reading about Socrates because that's Martin Armstrong's pet ai,

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and you know, some article popped up about his trial. Basically,

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he was a trouble maker and things were really bad,

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so he became a scapegoat and they killed him. And

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his whole thing was he was a disruptor. He wanted

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younger people to be critical thinkers. Think from themselves now.

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Instead of that, they just get suppressed by algorithms and

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sent sent into the made to sit in the corner

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with a hat on that says you're a dunce. Right,

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That's what algorithmic suppression does to you. Have you encountered

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any blowback from our tech overlords?

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Speaker 5: You know, feel like we are? I feel like we are.

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Speaker 4: Some of our videos don't get a lot of views.

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One in particularly right now, we've joined like a pretty much.

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I guess we'd call it a movement of fight against

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naked shorts with Terry Lynch.

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Speaker 5: And his video it didn't get gone. I think it's

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on substack.

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Speaker 4: It says it's got zero views, and it's got way

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more views than that. We've actually watched people watch it

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and it still doesn't get any views. So I do

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believe we are being soiled it from the lord sucks.

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Speaker 3: Back is not going to It's not gonna gonna suppress.

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Speaker 6: I've never heard of that yet.

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Speaker 3: In fact, a lot of the people who are on

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substack are professional journalists who've basically been persecuted. But what

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I will tell you is that you know, once you

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go out of that little nurturing environment, anything is possible there.

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So what's your YouTube channel by the way, right.

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Speaker 1: Yeah, we are getting suppressed on there. Some of our

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videos they get like eighteen views. And like, I think

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it has to do with the titling that we use,

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because we use kind of like black bild narration titling.

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I was a screenwriter in my earliers and I like

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to really be dramatic.

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Speaker 5: He likes a clickbait.

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Speaker 3: Yeah, as we were discussing, that's not aways your best.

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Speaker 6: You have to you have to outthink it.

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Speaker 3: So yeah, so I'm looking at your I can tell

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you right now.

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Speaker 6: Oh yeah, you're you're in no man's land.

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Speaker 3: That the algorithm has got you, uh basically has put you,

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sentence you to Siberia. Yeah, you're in the gulag. You're

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in the algorithmic gulog, never to be heard from again.

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But I'll tell you some ways to work on that,

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because I have one channel. You know, all my channels

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have suffered suppression or or lack of distribution, shall we say,

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over the years. But there are ways to get over that.

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So how do you how else do you get your

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message out? You've got a website, right, because.

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Speaker 4: A club start, right, we do we write an article

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like every other day.

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Speaker 5: Basically we're published an article. I think so far we

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have how many articles.

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Speaker 1: Like over like ninety nine articles, I believe.

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Speaker 6: Yeah, are you getting some play there?

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Speaker 3: Yeah?

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Speaker 1: We got one hundred and fifty two subscribers, eleven hundred followers,

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and we're yeah, we're getting some good views.

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Speaker 4: To some of our views, Like our videos are not

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getting views on there? That like I told you the

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one from Terry Lynch, that one, like I literally watched

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somebody watch it and it's still showing I believe zero.

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It's not really showing any any Boddy watching it at all.

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And that one's strictly on naked shorts.

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Speaker 3: Yeah, well that is more a function of substacks lagginess.

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It's not they're not suppressing anything legitimately, because I know

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I have X number of subs who've signed up recently

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and they're fifty behind.

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Speaker 6: It's just work, just works that way.

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Speaker 3: So as far as market philosophy goes, how do you guys?

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Are you in stocks, precious metals, crypto?

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Speaker 6: What's your thing?

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Speaker 1: So I answer that one. I trade everything. I'm a

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pretty technical trader.

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Speaker 5: I like gold and silver.

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Speaker 1: We buy gold and silver, we stack at platinum, palladium,

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even copper boy on. We like that rinium as well.

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We believe that you need fungible assets in your portfolio.

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We also hold stocks, mostly right now minors. We have

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some short positions that we just closed out and we

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hit on those last week. We thought the market pullback

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was coming based on the vortex. We're trading in Brazil

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right now. We've made some good money there. India it's

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had a pullback, but I expected to go up higher,

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especially with the tariffs. And also we have China exposure.

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I've been bulleted on China since twenty twelve. And we

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do trade crypto right now. I have position an XLEM.

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I got in at thirty seven cents. That was my

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target price is at thirty seven thirty nine. I hit

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thirty seven, so I bought at thirty nine. I bloted

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thirty seven and then with Hbar, I'm waiting and holding off.

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Speaker 5: I want it.

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Speaker 1: They hit twenty cents, I'll get in and write it

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for the next leg up.

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Speaker 6: Okay, what's your take on bitcoin?

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Speaker 4: Uh, We're not big bitcoin fans. We more like the

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gold and silver and stuff like that. I mean we

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see bitcoin more as like a trading asset. We don't

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really necessarily like invest in bitcoin. If we do invest

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in bitcoin, it's like what he said, a short position,

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like we do ETF short position ETF on bitcoin and

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stuff like that. We don't really invest in bitcoin. We

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had before, but we've kind of stopped.

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Speaker 5: Now.

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Speaker 6: Well, here's here's the thing.

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Speaker 3: I recommend to type it into any of your ais

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and ask them for the case for bitcoin does an

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upcoming short squeeze. We're in the midst of it now

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of bitcoin, serious short squeeze because all these ETFs are

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gobbling up up as many coins as they can get,

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you know, billions of dollars a week some weeks go

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into those ETFs. Last Friday they puked out like eight

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hundred and thirty million worth of bitcoin to drive the

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market down. But at the same time, who's buying these coins?

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You know, it's like really interesting. So I think it's

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going up to eight figures over time because that's the

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only thing that they can use to stabilize the upcoming

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financial system. I love gold, don't get me wrong, and silver,

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but I think that there's too much. Just more gold

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is coming into the system, all right, and I don't

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think we'll ever have enough, but we're never going to

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have the shortage of gold. Like we have a bitcoin

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and maybe it'll go up to five thousand, maybe it'll

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go up to ten but I don't think it's going

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up to ten million unless the value of the dollar

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comes worthless anyway.

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Speaker 6: So how do you manage risk? Well?

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Speaker 1: I manage risk by watching the technicals, like I look

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for a head and shorter pout and inverse out of

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short of bare fly, you know, just technical trading. And

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whenever we have a formation I don't like, or even

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if the vortex is telling me the trigger based on

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the selling pattern, when it's descending down in a wedge,

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I'll usually trade out and take some profits. And if

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I felt like I could write out for a little more,

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I'll keep some house money in there, but I'll just

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usually take a little bit off the top. I try

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to take thirty percent off the top whenever I get

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the opportunity each time, and reinvest that into some silver

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or usually uh inverse eta or our yeah, something like that.

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Speaker 6: Yeah.

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Speaker 3: So you're big on taking your profits when you find them.

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Speaker 6: Yeah, yeah, yeah.

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Speaker 4: Well yeah, we used to hold longer, but we just

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started doing that recently part of the last year.

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Speaker 1: Yeah, I made a stupid choice in there, like I

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bet on e hang for the longest time, my body

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hang when a seven dollars and eighty nine cents and

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it hit like one hundred and fourteen dollars. Now instead

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of me take a profit at one hundred and fourteen dollars,

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that was like I spllled the two hundred short seller

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report came out from Hindenburg. It plummeted, but I did

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cash out part of it at eighty dollars. But it

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was my greed, like that stopped me. I learned my

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lesson from the Hut.

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Speaker 3: Well, you have to have to be in control of

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your emotions, right yeah, yeah, and it's so is here

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control your emotions? That is that is the conundrum for

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any active trader, right yeah.

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Speaker 1: Now we deep dive in the company is like for example,

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we've had four ten baggers this year. We bought TMC

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at what seventy two cents and we sold a lot

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of that often it hit eight dollars and I just

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based it on like the whole company. It's a it's

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a failure idea, Like you can deep sea mind that's

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not going to work.

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Speaker 5: At all.

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Speaker 1: It's it's a horrible idea. This is more of a

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short squeeze play in order to just create some liquidity

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and to bring some profit.

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Speaker 6: It's a game stop.

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Speaker 1: Yeah, So me knowing that I took my profits when

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I had the chance, and even with the company like

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Big berr Ai, I bought a big Berry ad a

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dollar eighteen and that's hold it at ten bucks because

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I knew the whole idea of it was nonsense, like

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it's not going to work and it's such a small

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MICROCAPI company that it's going to be either merger and

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acquisition or it's going to fail. So my baseline was,

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I'll let it get to X amount of dollars. If

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it hits, I'll cash out and I'll keep a small position.

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If it breaks five percent in a day, liquidated because

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that five percent tells me an ominous pattern that something

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bad is coming.

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Speaker 6: Yeah, I will.

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Speaker 3: You know I'm not a good trader, all right, I

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knew it, So I have to take a longer horizon

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because you know, I just emotionally, temperamentally, I'm just not

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set up to do it. But that's why in some

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ways buying gold and silver was like the best thing ever,

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because even though you want to sell it, it's a

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real pain to sell. You know, I got to row

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in my car hope that nobody Well, I have to

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go find it where it's parked, get it, and then

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transport it. And I would just assume not bother with it,

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so I don't. And that's like it's the ultimate buy

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and whold asset because you can always sell it. It's

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not a big deal. I've sold some in the past

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to pay for taxes, weddings, bar mitzvahs, but that's the

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only reason I did not because I wanted it to

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And so you can always sell it, but it's always

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a pain to sell it. That's why people go to

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ETFs and who knows if they have it what you're

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feeling about GLD, SLV they sitting on all that gold

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and silver or is it? Is it vapor ware, vapor

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vapor metal?

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Speaker 1: It's vapor were only if they do have any it's

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going to go to the big cats because they get

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the Stanford delivery before any small timers did. Like if

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mom and Pop with the four one k or a

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pension have an investment in sl V or GLD, they're

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not going to get a dime of that gold they're

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gonna get told, well, you messed out. We only had

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x amount and we were naked twenty So the person

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who has the most exposure and is the biggest like

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buyer is going to get the gold. You're not gonna

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get ship. You get a paper certificate if anything, from

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the sdi C. But you won't get no physical gold.

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You just get like some paper contract or some bs

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that they're going to generate, maybe a stable coin to

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cover it now, because that's the new way of doing it, right.

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Speaker 4: Yeah, probably prefer the physical because if you don't, you

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don't hold it, you don't own it.

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Speaker 5: Need the physical.

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Speaker 6: Yeah, yep, so true, man, so true.

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Speaker 3: I'm a big believer in physical I didn't buying a

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silver below spot. I mean, well it was below spot

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last week, but you know, after they crashed, After they

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crashed silver, it's probably close to spot. And it's so

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easy to do, you know some of it. I bought

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it thirty forty percent below spot if you could believe it.

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Speaker 6: So they.

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Speaker 3: Like, hey, you'll have to like go to my substack

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and I'll be writing an article about it, and I'll

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throw the link here and you can come find out.

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But seriously, guys, So looking ahead, world economy, the United States,

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global geoglobal tensions, confrontations, war cycle. According to Martin Armstrong,

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we're in the midst of it through twenty twenty five

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or six. What's your take on things? Where do you

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see things going?

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Speaker 4: So for me, like, I see what Trump putting the

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nuclear on what is it? The silver arm right there,

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and then the gravity bombs inside UK. But I watched

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oil and oil as it was I think sixty six

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dollars today, so it looked like it didn't go up

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really at all, which I think when you put the

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submar over there first's it went up to like seventy.

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Speaker 5: So I don't think we're going to war anytime soon.

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Speaker 4: I think that all this stuff that they're doing with

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Russia and all that, I don't think it's going to

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leave the war anytime soon. But I am with Martin.

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I do believe we are going to a war. I've

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always been saying for like the last five six years

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now that I believe we're going to be in a

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civil war and a world war at the same time.

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I think there'll be a civil war in the United

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States and a world war going on at the same time,

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I don't know if that's actually going to play out.

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Speaker 5: I do see like it could play out.

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Speaker 4: I do see like the Maga movement and like the liberals.

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Speaker 5: I feel like it could play out with that, but

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I don't know that it will. But I do see us.

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Speaker 4: Going into like a world war. Whether it turns nuclear,

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I don't know, but I do think it will be like.

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Speaker 5: A world war.

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Speaker 4: And I do think there's going to be a lot

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of life loss by twenty thirty two. Like what Martin says,

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I think they with the.

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Speaker 3: AI now, a lot of people aren't needed. Their labor

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is unnecessary. I don't know what those people are going

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to do.

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Speaker 5: Yeah, that's true.

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Speaker 1: And my take, my think's a little more brutal than his.

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I'm a little darker. But I do believe we're going

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to see an escalation in war, at least between proxies.

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In August, we're going to see a probably in the

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Middle East, an escalation and somewhat in Ukraine. And we

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may see remaining conflict in India and Pakistan. In August

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and in November we'll see an escalation, and by January

364
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I see at least one tactical nukepiing deployed based on

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the current solar cycle. Before this used to be really

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common knowledge of the eighteen hundred sunspot theory, and essentially

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we are going through sunspot theory. And you know, I

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don't know why they stopped teaching this, but it's essentially

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when we start cannibalizing ourselves in order to stay warm,

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Like it's wintertime, so we start turning panels off the

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house and throwing it into the fireplace. Sure, you stay warm,

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but your house is now a vacant shell, and for

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next winter, you don't have nothing to burn. You burn

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through it all because you're just trying to stay warm.

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For this punter, well, sorry, I don't mean to be laughing.

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Speaker 3: It's not funny, but it's but your analogy is funny,

377
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I think spot on. But my whole life, I've got

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00:19:59,400 --> 00:20:03,640
a few years on you, guys. I remember duck and cover. Okay,

379
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we used to go into the auditorium. I even understand

380
00:20:06,480 --> 00:20:09,960
it is in kindergarten, and we take our coats, our

381
00:20:10,039 --> 00:20:13,440
jackets and put put them over us, and we bend down,

382
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put our heads under the chair in front of us.

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And that was duck and cover. And that was going

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to protect us when they dropped the bomb. So the

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point is, my whole life, it's been one thread after

386
00:20:27,359 --> 00:20:30,880
the next. I'm immune at this point. Like plus, I'm

387
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older than you, my kids are grown. I'm just not

388
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worrying about it. Like, one thing that I preach, if

389
00:20:37,559 --> 00:20:41,400
that's the right term, is live your best life. You know,

390
00:20:42,200 --> 00:20:48,160
do not make your happiness subject to something happening outside

391
00:20:48,160 --> 00:20:52,079
of you, whether it's government, whether it's family. Yeah, you

392
00:20:52,119 --> 00:20:54,440
want to be happy, you want your family to be happy,

393
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but your internal state of happiness is where everything begins

394
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and ends. So my law partner used to say, Kerrie,

395
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the situation is hopeless but never serious, And I find

396
00:21:08,960 --> 00:21:13,119
myself repeating that phrase over and over and over again.

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Speaker 6: Guys, where do we find you? How do we connect

398
00:21:16,160 --> 00:21:17,039
with you? On the web?

399
00:21:17,400 --> 00:21:19,799
Speaker 4: Oh, you can find us at Piggles Trading disc and

400
00:21:19,839 --> 00:21:23,359
that'll be either on Pigostradingdesk dot com. You can find

401
00:21:23,440 --> 00:21:26,880
us at Pigles Trading Desk on YouTube, Piggos T I

402
00:21:26,880 --> 00:21:32,680
think it's Piggos Underscore t Underscore disc on X. We're

403
00:21:32,720 --> 00:21:36,519
also on Instagram at Pigos Trading Disc and on substack

404
00:21:36,559 --> 00:21:37,559
at pigles trading desk.

405
00:21:37,720 --> 00:21:41,200
Speaker 1: Any social media media podcast pretty much, just pig those

406
00:21:41,240 --> 00:21:42,759
trading desk and that'll pop up.

407
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Speaker 6: Very cool.

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00:21:44,119 --> 00:21:47,039
Speaker 3: All right, Well, you know I'm following you on substack.

409
00:21:47,200 --> 00:21:50,640
Everybody out there follow them on substack. To me, substack

410
00:21:50,960 --> 00:21:54,480
is the greatest platform that I've ever seen in my life.

411
00:21:55,440 --> 00:22:00,240
It covers so many bases, from email manager to post sticking,

412
00:22:00,319 --> 00:22:03,680
your videos, your podcasts, to articles.

413
00:22:03,559 --> 00:22:06,839
Speaker 6: To monetization, so many things.

414
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Speaker 3: I can't say enough good things about that platform, even

415
00:22:10,359 --> 00:22:14,400
though when I first came across it, I didn't really

416
00:22:14,440 --> 00:22:18,920
get its power. But it's it's evolved, it keeps getting better. Yes,

417
00:22:18,960 --> 00:22:23,079
there are rough edges analytics not the best. They're a

418
00:22:23,079 --> 00:22:26,480
little simplistic, but you got to understand it's not for

419
00:22:26,519 --> 00:22:31,200
you and me. Those analytics. That's for you know, a

420
00:22:31,240 --> 00:22:34,440
guy like Matt Taev who who doesn't know what a

421
00:22:34,440 --> 00:22:35,480
CTR is.

422
00:22:36,200 --> 00:22:40,759
Speaker 6: Or you know, or views. He doesn't know any of

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that stuff.

424
00:22:41,680 --> 00:22:44,359
Speaker 3: It's like he looks, oh I got views. I'm okay.

425
00:22:44,759 --> 00:22:48,799
He doesn't understand any of it. That is the average

426
00:22:49,279 --> 00:22:53,720
substack user. They came, they worked for other media and

427
00:22:53,759 --> 00:22:55,240
then they're doing substack.

428
00:22:55,359 --> 00:22:57,440
Speaker 6: Now. Well, guys appreciate you coming on.

429
00:22:57,480 --> 00:23:00,359
Speaker 3: You've got any questions for my buddies here, shoot me

430
00:23:00,400 --> 00:23:03,440
an email kl atcarrieluts dot com.

431
00:23:03,480 --> 00:23:05,279
Speaker 6: We will talk to you guys again. Be well.

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00:23:05,680 --> 00:23:09,160
Speaker 2: Thank you brother, thanks for listening to Carrie Letz's Financial

433
00:23:09,279 --> 00:23:14,319
Survival Network, your solution to today's trying times. For the latest,

434
00:23:14,400 --> 00:23:20,079
go to Financial Survivalnetwork dot com. Financial Survival Network now

435
00:23:20,200 --> 00:23:21,039
more than ever,