Speaker 1: And to be honest with you, if you listen to
the World Economic Forum conversation, if only half of what
Donald Trump is projecting to come to pass, if it
actually comes to pass at only fifty percent of what
he's forecasting, you do not want to be on the
sidelines with the US economy that's coming over the next
couple of years.
Speaker 2: He made mention and you might have heard him and again, rhetoric, right,
it's his Yeah, it's his way of speaking.
Speaker 1: The dow I believe he mentioned or might have just been,
the market in general will double under his presidency.
Speaker 2: Now again, if half of that happens. Wear in good shape.
Speaker 3: You are listening to Carrie Let's's Financial Survival Network, where
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Speaker 4: And welcome you are listening to and watching the Financial
Survival Network. I'm your host, Carrie Lutz. Well, unbelievable times, man.
I am planning a trip to Greenland. I might have
to stay on a military base. But that's okay because
it'll be the good old USA, as one person called it,
green Tonamo. And I think that's where we're headed from
dal Smothers with us Dale, you know, like it's all
noise and distractions. I heard somebody say, and I couldn't
agree with it more. I think it was Scott Jennings,
the guy from CNN who's the only sane person there.
He said, with the people on the left, they take
Trump's words literally, but they don't take him seriously. People
on the right take his don't take him literally, but
do take him seriously. And you know, markets, they could
just get shaken so easily, especially when they're getting up
near new all time highs.
Speaker 1: Yeah, I've never heard that before. That's that's an interesting
way to think through that. I think it's become Donald
Trump's m right carry this. This has put out the
extreme and work towards a middle. And clearly the ten
percent tariff followed bout twenty five percent tariff or you
know what, we might just come take Greenland. That type
of rhetoric was the extreme. It is going to result
in something that benefits America, no doubt. I think in
his plan. He's laid out that this is a big
piece of the Golden Dome, extending that Golden Dome over
the Arctic, And I mean, it all makes sense, and
it makes sense not only for Donald Trump, but it's
made sense for five presidents for very similar reasons.
Speaker 4: Day it wants it, Yeah, everybody wants that God forsaken
the piece of ice and spice. Yeah.
Speaker 1: And you know, and there are certainly very intelligent people
who are working on this. I'm confident, and there are
reasons for it. I don't think we've got to get
a need one thread together and start putting the fifty
first state on our flag anytime soon. But I do
think that this is going to benefit America in the
long run. And clearly the market has overreacted to the rhetoric,
and now that a deal is being discussed has come
back with a little bit of a rebound here onto
the twenty twenty six news cycle, which I think is
more AI than anything.
Speaker 4: Yeah, yeah, oh sure, they stopped reporting a long time ago.
At least the artificial intelligence is definitely brighter than the
average reporter that's around these days.
Speaker 2: You know, outsource AI, outsource the reporter. I love it.
Speaker 4: Yeah, well it works, you know, like places like financial
reporting like on Yahoo and Google, and you know Bloomberg
that's been AI generated for years.
Speaker 2: Oh certainly.
Speaker 1: Yeah, and you can kind of see it if you
start looking across multiple platforms. Very similar language across those platforms.
Speaker 4: Definitely, definitely. So what do you think we go in
for records now on the SMP.
Speaker 2: I do, I really do?
Speaker 1: I think the S and P five hundred, even the
Nasdaq on the back of the AI boom, is likely
to see all time highs very soon. And to be
honest with you, if you listen to the World Economic
Forum conversation, if only half of what Donald Trump is
projecting to come to pass, if it actually comes to pass,
it only fifty percent of what he's forecasting, you do
not want to be on the sidelines with the US
economy that's coming over the next couple of years. He
made mention and you might have heard him and again rhetoric, right.
Speaker 2: It's his Yeah, it's his way of speaking.
Speaker 1: The Dow I believe he mentioned or might have just
been the market in general will double under his presidency.
Speaker 2: Now again, if half of that happens.
Speaker 1: Wearing good shape, and I think a lot of that
is driven by the growth that we have.
Speaker 2: He made mention that one of his.
Speaker 1: Big filters for the FED is that if we see
record breaking GDP, we don't then all the all of
a sudden decide that we're going to raise interest rates,
which has kind of been the mo for several FED
chairs that raising interest rates in preparation for inflation.
Speaker 2: That's not here.
Speaker 1: He thinks we're going to grow ourselves out of a
national debt, this thirty what eight now trillion dollar national
debt and counting from his mouth, And obviously that's been
his goal from day one, and we talked about this
multiple times.
Speaker 4: Garriy, Hey, so what about the facto that the precious
metals are hitting record highs even today, Silver hits a
new high, Gold pretty close to a new high. I
haven't looked at gold yet today, but silver is trading
near ninety six dollars. We're looking at one hundred dollars
silver here, Dell. Yeah.
Speaker 1: You know, for for years, precious metals were always the
flight to safety, and clearly there is some of that
happening now.
Speaker 2: We saw with Greenland's.
Speaker 1: News come out on Monday Tuesday, silver was higher, Gold
was higher.
Speaker 2: Coppers higher.
Speaker 1: These precious metals and commodities are certainly still a flight
to safety. But one unique thing about silver is that
it has a conductivity of no other type of metal.
It's the highest sought after for AI in terms of conductivity.
Electronics needs silver, and AI is on the backs currently
of electronics and these processors that have to connect. And
you know, I'm getting over my skis here. I'm not
sure a computer engineer, but I do know that silver's
demand is driven by much more than just a flight
to safety. Gold going higher, silver going higher, I think
that also has a lot to do with global insecurity. Clearly,
is the dollar going to be the reserve currency of
the world. I don't think bitcoin quite yet has managed
to be a true currency for let's say, preserving capital.
It is a very good transfer of capital. Vehicle Shane sure,
absolutely a media of exchange. I love that idea, but honestly,
gold silver going higher for us is more of an
opportunity for those who maybe look for stability but still
want a growth story, at least in the short term.
I think both of those continue higher, and we want
to be a part of that as well. Here at
RDS Wealth.
Speaker 4: Hey couldn't have said it better myself, Heredell, one hundred
dollars silver right around the corner. And yes, it's it's
a confidence play in the dollar, just like gold is.
But it's also a commodity shortage play because the wh
do you believe that silver has been kept artificially lowered
by certain players in the market or not. The fact
is that for much of the past several decades, the
cost of production exceeded the cost of or the amount
that you could earn proounce, and therefore it became strictly
a byproduct. A lot of the pure silver minds long
since shut down. I was at one in Nevada. So
you got three things spurring it on. You have increased demand,
you have shortages, and you have monetary confidence.
Speaker 2: Which causes more demand.
Speaker 4: Yeah, so exactly, but real demand for real products. I think,
honestly my own opinion, Dell, and you're the guest, you're
the expert. I think we will reach an emergency with silver,
and basically I don't know that we'll call it silver confiscation,
but the government will have to go door to door
to get people was collectible silver. And I think it's
going to multi hundred dollars per ounce.
Speaker 1: Yeah, you know, the price point that you put there,
I definitely agree with. You'd hate to imagine confiscation, but
definitely these silver traders that have collectible silver, you know,
no longer are you quote unquote trading the coin as
much as you're trading the actual commodity itself, which hasn't
been the case. Just like you mentioned, I mean, silver
has had an unbelievable run up, and we've been able
to take part of that for a lot of our clients.
Gold is gold, the true reserve capital, if you will.
It's got an intrinsic value. I think it's clearly behind
the US dollar, the second largest reserve of capital. There's
a lot of things shaken out too with I mean Greenland.
Going all the way back here full circle, Greenland is
probably bigger piece of the story.
Speaker 2: Than that, I realize.
Speaker 1: Certainly you may you may be well read on it,
but but Russia's dominance and China's partnership with Russia should
scare us in the form of does the US dollar
maintain it's its reserve capital of the world, because that
is the hingepin that all of this rest on getting
back to.
Speaker 2: A gold standard. I don't.
Speaker 1: I don't know how in the world you'd ever do it,
but it wouldn't probably be a bad thing for Americans. Yeah,
it's a it's a challenging, challenging proposition there and uh
it unfortunately, what is it? History repeats itself certainly if
you don't yeah in a rhymes, Yeah, there you go.
Speaker 2: I like that, Mark, I.
Speaker 1: Think I think we've got uh yeah, give credit. Right,
We've got this dichotomy. And it's and it's communism socialism.
You know, some may say that's even invaded our shores
here uh in in New York City, this this communism
socialism approach to to global uh security in their mind
versus capitalism and free markets.
Speaker 2: And and they're starting to merge.
Speaker 1: Certainly, you know, even even our current administration some things
somewhat socialistic in in in some sense, you know, twenty
years ago it would have been a socialistic playbook that
we're playing here in some areas. But the real I
think the real challenge is where does the world where
does Europe fall?
Speaker 2: Uh?
Speaker 1: Do they do they want to get in bed with
that communistic agenda or do they stay true to the
American West and uh and and capitalism, which clearly comes
with democracy and republic type of government. It's playing out
right now, real time totally, you know or believe it?
Speaker 4: Yeah, yeah, I think a lot of things going on
now and where it's going to be, where it's going
to end up, I don't know the answer to it,
but certainly the trends are inescapable here and well, when
the dollar goes it's not going to be because people
want an alternative. It's going to be because they have
to have an alternative because the dollar becomes too unreliable.
Speaker 1: Sure, sure, and you know, to back up here, I'm
I'm certainly not a doomsday prepper, but you've got to
see that as a as a potential.
Speaker 2: It's a possibility. But what we've.
Speaker 1: Seen in this current administration to strengthen America, to erase globalism,
because that's where we were headed, to erase this one
world currency, one world government, one world it's all. It's
all been in preparation really since.
Speaker 2: The late night you know.
Speaker 1: You've got you've got this president now that says scratch
all that we want to be self sufficient, we want
to we could theoretically build a wall around America and
be okay and that scares the rest of the world
to debt because if we truly start paying down our
national debt, and this is just a speculation here, if
we can actually start paying down our national debt and
and we can become you know, essentially we're currently hopefully
living in the next American economic revolution, and if that
becomes the reality, I think that the global dominance of
the dollar continues for decades to come. So so that
is the hope, is that we're at this crossroads and
that the dollar becomes relevant again because of an American
first agenda and bringing home things that we depend on,
uh solely, that would be our objective I think as
a country now, and unfortunately it's not been that for
the last twenty years. It's four year blip there, and
I won't tell you who the president was during that time.
Speaker 4: Yeah, we've had a lot of blips over the years,
that's for sure. So, Dell, when we do our road
post twenty twenty six wrap up next January in twenty
twenty seven, what do you think we'll be seeing.
Speaker 1: I think you're going to see the AI story for
markets specifically, I think you're going to see the AI
story be a little bit more clear on what can
and can't become profitable for companies. This is going to
create a winner.
Speaker 2: And loser column.
Speaker 1: Companies that have built out and expanded data centers that
maybe are struggling to become profitable. They're going to be
the pets dot Com of the nineteen nineties. Right. You're
going to have some significant winners though, and I think
for the clients that we work with, Carrie, you know,
we're not as much looking for the next let's say Microsoft,
if we go back to the nineties, because the current
Microsoft is going to benefit from the next Microsoft as well,
and there's going to be room for multiple winners in
the AI race. AI will change the world. It's already
change the world. It's here to stay. Quantum computing is
the next story wrapping up twenty twenty six. If we
go into this futuristic time machine and go into say
we're setting in January twenty seven, I think that we've
started to see a move towards quantum computing, maybe a
little more than we.
Speaker 2: Have in the past.
Speaker 1: We've had some pretty incredible IPOs. Let's speculate a little
bit with SpaceX. That would be nice if that happened
in twenty twenty six, maybe some nice IPOs with big,
large companies that we can now invest in, which gives
more opportunity. I think gold and silver continues higher. I
think we're into now the third year of a Trump
agenda which has put America first. Productivity is at all
time highs. That is a little bit of a challenge
to the labor market though, carry I mean the reality
is the more productive of worker becomes, the less workers
you need. So what does that mean for labor? That's
the big piece. We've seen lower interest rates most likely
in twenty twenty six because we've got a fed chair
that is determined to get to what he deems to
be neutral speculation here. I think that's about one hundred
points lower than where we are today, and the market
reacts favorably to that. So a lot of potential and optimism,
but be diligent as an investor. We have to be
disciplined and take advantage of opportunities when they present, but
don't go all in uh with money you need tomorrow.
Speaker 4: Couldn't agree with you more very wise words, Dell, how
do we find you? How do we connect with you?
Speaker 2: On the web?
Speaker 1: So Rdswealth dot Com is the name of our firm.
You can go to art excuse me, the name RDS
Wealth is our website. Our dswealth dot com is our website.
Speaker 2: Forgive me Gary.
Speaker 1: Our first name, Rdsmother's Wealth Management's our firm name Rdswealth
dot com.
Speaker 2: Go there.
Speaker 1: Set up a time to chat with us. If you
have any questions, you can set up a time that's
convenient for you. You can find out our podcast, The
Retirement Matters Show by going to the podcast streaming service
of your choice. We're big fans of your show, Carrie
and just appreciate you having us on.
Speaker 2: Get in a chat with your listeners as well.
Speaker 4: My pleasure. Great to have you back on. Happy New Year, healthy,
prosperous to you. If you've got a question for Dale myself,
shoot me an email Klatcarrie LUTs dot com.
Speaker 2: Dale.
Speaker 4: We'll talk to you again real soon.
Speaker 2: Be well, talk real soon.
Speaker 3: Thank you, sir, Thanks for listening to Carrie Letz's Financial
Survival Network, your solution to today's trying times. For the latest,
go to Financial Survivalnetwork dot com. Financial Survival Network now
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