Latest / Financial Survival Network / Canada’s Globalist Crack-Up: Gold Rises - Bob Hoye #6275
Transcript
- 0:00Speaker 1: You were listening to Carrie Let's's Financial Survival Network, where
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- 0:27Speaker 2: Welcome. This is Financial Survival Network. I'm your host. Carrie
- 0:31Speaker 2: Let's with us is the esteemed Bob Hoy, master of
- 0:37Speaker 2: economic history, trends and bends. And Bob, we haven't talked
- 0:42Speaker 2: in a while, not since the election, not since all
- 0:45Speaker 2: the trade tensions taking place, not since your last election
- 0:52Speaker 2: last week. And you have our sincerest condolences. There our things.
- 1:00Speaker 3: In the election.
- 1:01Speaker 4: Find this new prime minister.
- 1:05Speaker 5: He is not just the w E F globalist, but
- 1:10Speaker 5: he is a dedicated communist who is you is all
- 1:16Speaker 5: uptight about global warming and sealed suit and the puentative
- 1:24Speaker 5: law laws.
- 1:25Speaker 4: And bills that Trudeau put in.
- 1:28Speaker 5: Uh, they're going to stay and he is going to
- 1:32Speaker 5: try and shut down oil and as production in Alberta.
- 1:37Speaker 4: So the Premier of Alberta, Yeah, Danielle standing and.
- 1:45Speaker 5: This Canada is going to provide a.
- 1:48Speaker 4: Lot of political entertainment over the next world.
- 1:52Speaker 2: All right, so let me let me just interrupt you,
- 1:55Speaker 2: so that those are his good points, that he's a
- 1:57Speaker 2: W E. F stooge and a communists. The bad point
- 2:01Speaker 2: is he's like cunning, you know, animal, a fox who
- 2:07Speaker 2: you don't know what he's capable of. But but I'm
- 2:11Speaker 2: going to postulate something to you. Trump when he kept
- 2:15Speaker 2: insulting Trudeau, saying governor and all that, I believe what
- 2:21Speaker 2: he really was after was not making Canada the fifty
- 2:25Speaker 2: first state. It's making Alberta the fifty first state. That's
- 2:30Speaker 2: the five D chess level, that's the plasma tailgunner level.
- 2:35Speaker 2: That he didn't want Canada because what does the US
- 2:39Speaker 2: need thirty million more liberals for? We got enough problems
- 2:42Speaker 2: with what we had, right.
- 2:45Speaker 5: Okay, Well, what I think is that.
- 2:49Speaker 4: I'm looking at what he's doing with.
- 2:52Speaker 5: Chariss One is to get enough revenues for the federal
- 2:57Speaker 5: government and then with author adding expenditures such that it
- 3:03Speaker 5: can be funded through carfs as and taxes on things
- 3:09Speaker 5: as it was for centuries until in the early nineteen
- 3:13Speaker 5: hundreds when interim tax was introduced. So when it was
- 3:16Speaker 5: introduced fas wrote that this isn't evil, it's a moral
- 3:21Speaker 5: to tax somebody before you get it. So anyways, I
- 3:25Speaker 5: believe that he is going.
- 3:27Speaker 4: To get rid of income tax, which you've got it,
- 3:30Speaker 4: rid of the irs, gus, and fund the government with
- 3:35Speaker 4: revenues and things, taxes on things.
- 3:37Speaker 2: Isn't that a genius move? Isn't that a genius move? Does?
- 3:42Speaker 5: Tax is good?
- 3:43Speaker 2: But tax, income tax equals control, right, income tax equals control.
- 3:49Speaker 2: That's what it's all about.
- 3:50Speaker 3: You got it.
- 3:51Speaker 5: Yeah, But when he takes a run at Hollywood, which
- 3:57Speaker 5: I don't mind somebody poking a stick in Hollywood, but
- 4:01Speaker 5: it's getting to micromanagement.
- 4:04Speaker 2: Yeah, I agree. But but what he's trying to do
- 4:09Speaker 2: is root out the rot in society. And that's that's
- 4:13Speaker 2: got that's a multipolar universe. It's Hollywood, it's Hollywood, it's
- 4:19Speaker 2: higher so called education. I would call it diseducation if
- 4:23Speaker 2: that's a word. If it's not, it should be a word.
- 4:26Speaker 2: And uh as well as uh, you know the media.
- 4:31Speaker 2: You know there are these polls of rot. So I
- 4:34Speaker 2: don't want to see them saying what you can film
- 4:37Speaker 2: and what you can't. I think the market can do
- 4:40Speaker 2: that fine. I think the market has done it. Look
- 4:42Speaker 2: how it rejected Disney's new tranny. Uh snow white like
- 4:47Speaker 2: it's aid, you know, take that garbage and stick it right.
- 4:51Speaker 4: Yeah, now yeah, this typically it tariffs have come in
- 4:58Speaker 4: during a real recess.
- 5:01Speaker 5: And local politicians and beureacrats get upset with high rising
- 5:06Speaker 5: unemployment figures in their own country, and then they went
- 5:10Speaker 5: to protection. And that's very what happened on previous great processions,
- 5:16Speaker 5: if you want to call them that before it's it's
- 5:18Speaker 5: the standard practice. But actually there's a bigger picture thing
- 5:23Speaker 5: you carry, and that is the work that I've done
- 5:26Speaker 5: on financial history, where you do get a great financial bubble,
- 5:32Speaker 5: and this one has been huge, and it's it's the
- 5:38Speaker 5: everything bubble. And when they're complete and the stock market
- 5:47Speaker 5: turns down, the economy turns down virtually with it, whereas
- 5:52Speaker 5: in normal business cycle stuff, the S and P leads
- 5:57Speaker 5: the economy by about a year. And this is why
- 6:00Speaker 5: IDEA and Pete five hundred is included in the leading indicators.
- 6:05Speaker 5: But when you're at the end of a great bubble.
- 6:08Speaker 5: So now my interest here is let's say that the
- 6:12Speaker 5: high end February was the.
- 6:14Speaker 2: High for the bubble.
- 6:17Speaker 6: Now what one looks for now it's not just the
- 6:22Speaker 6: bear market developing first starts, but also there should be
- 6:28Speaker 6: the economy starting to sclode very abruptly, and we you know,
- 6:34Speaker 6: I haven't noted anything like that yet.
- 6:36Speaker 4: But it should be there. So anyways, with the straight up.
- 6:43Speaker 5: Mania leads to a straight down and then a severe recession,
- 6:49Speaker 5: and actually carries within each of these great depressions in
- 6:55Speaker 5: the past have lasted about twenty years, and the whole
- 6:59Speaker 5: world changes, the standard industry and commerces problems with pricing,
- 7:05Speaker 5: ordinary commodities, metals, brains, whatnot are chronically weak. But when you.
- 7:12Speaker 7: Take a look at gold, now what gold does and
- 7:15Speaker 7: I the only ways look at it, for he had
- 7:18Speaker 7: it years with the deflated by the TPI, and so
- 7:23Speaker 7: you get the real price of gold.
- 7:26Speaker 5: So on my charts, the real price of gold, as
- 7:29Speaker 5: the bubble concludes, goes down a little bubble over the
- 7:34Speaker 5: real price goes up. And I like to use the
- 7:39Speaker 5: gold divided by the CRB commodity index. I have assumed
- 7:45Speaker 5: that the CRB is a proxy for mining costs, and
- 7:51Speaker 5: if mining costs are going down relative to the bullion,
- 7:56Speaker 5: the gold sectors making money. And this is what it
- 7:59Speaker 5: was and the lasted in the nineteen thirties. Then also
- 8:04Speaker 5: in the eighteen eighties was a longer rise in gold's
- 8:08Speaker 5: real price, and you culminated eighteen ninety seven with the
- 8:15Speaker 5: conduct gold rush. And for those major gold rushes, you
- 8:20Speaker 5: needed a few things, alluvial gold at the service. None
- 8:25Speaker 5: of those left anymore now, and you needed the high
- 8:29Speaker 5: unemployment that you got to get with a great depression
- 8:34Speaker 5: and then around the world, and then you got unemployedment
- 8:38Speaker 5: the real price of gold going up and level great value,
- 8:42Speaker 5: So then you had the great gold rushes were coordinated
- 8:47Speaker 5: with the bottom of each huge depression. So it's fascinating
- 8:53Speaker 5: how that works, isn't it. So what we're looking for now,
- 8:57Speaker 5: And I like it that the gold divide by the
- 9:00Speaker 5: CRV and it has been recovering very nicely, got over
- 9:06Speaker 5: bought a few a month or so ago and is
- 9:09Speaker 5: just sort of a bit so it's acting like the
- 9:13Speaker 5: bullion price. But but I really like gold divided by commodities,
- 9:19Speaker 5: and it's telling a story that is actually the future
- 9:25Speaker 5: for the for the industry, where gold mining becomes the
- 9:30Speaker 5: best game in town and most industry and commerce are
- 9:36Speaker 5: difficult and mining based medals I've got a chart of
- 9:44Speaker 5: minds and smelters been states from eighteen hours eighteen seventy two,
- 9:52Speaker 5: and that's that great bubble peaked in eighteen seventy three,
- 9:57Speaker 5: and the index, as I recall, was about full hundred
- 10:00Speaker 5: and fifty at its best, and then fifteen years later
- 10:04Speaker 5: it was down to fifty or sixty for gold mining
- 10:09Speaker 5: over offer industrial mining stars, you know, basically copper miners.
- 10:17Speaker 5: And so that's what it's like. The gold miners make
- 10:22Speaker 5: money and those mining the copper make losses.
- 10:28Speaker 2: Yeah, that's unfortunate. So a record gold prices, now we
- 10:32Speaker 2: see it going up, going down one hundred dollars some days,
- 10:36Speaker 2: what is that telling us?
- 10:39Speaker 5: Well, yeah, it's all part of this incredible volatility.
- 10:44Speaker 4: Now, in December there was a rush that was the
- 10:50Speaker 4: greatest ten day rush since the nine since on data back.
- 10:54Speaker 5: To nineteen seventy four. I mean, this this big stop.
- 10:58Speaker 5: And then now I heard a news on the financial
- 11:03Speaker 5: channel here this morning that somewhere like nine consecutive eight
- 11:08Speaker 5: days down. It is a decline of some.
- 11:16Speaker 4: Relentless so you know things are going to pop.
- 11:20Speaker 5: But what we.
- 11:21Speaker 8: Want to look at is that oftentimes con seasonally conditions
- 11:29Speaker 8: can be good into around mid year, and then after
- 11:34Speaker 8: mid year it start looking for a disaster, and then
- 11:39Speaker 8: of course after September things can read all the hell
- 11:42Speaker 8: if it's going to go bad big time.
- 11:45Speaker 5: All of the major financial panics have occurred in the fall,
- 11:53Speaker 5: and most of them cleared. Worst was in October, sort
- 11:58Speaker 5: of tested and cleared the action in November, but there
- 12:03Speaker 5: was one one in eighteen twenty five, and I have
- 12:05Speaker 5: no idea why they did it, but they panic selling.
- 12:09Speaker 4: Continued right through Christmas and into the first week in January.
- 12:17Speaker 5: But the main thing is that that major crashes are
- 12:22Speaker 5: highly probable. If they're going to happen, they'll be in the.
- 12:25Speaker 2: Fall, right, gotcha? All right, so we're not to worry
- 12:30Speaker 2: for now. And we made it. We made it through March.
- 12:33Speaker 2: We made it through March, which has also become a
- 12:36Speaker 2: major crash month as well.
- 12:38Speaker 5: Right yeah, Yeah, there's been some setback there. So anyways,
- 12:46Speaker 5: it is always fascinating out there. But what I'm dwelling
- 12:49Speaker 5: upon I'm going to mention again, is they straight up
- 12:53Speaker 5: in things. I'm trying to put together a whole series
- 12:57Speaker 5: or you know, some of the part of the economic series,
- 13:03Speaker 5: and looking for the straight up and then the straight down.
- 13:06Speaker 5: So I don't wish to be ghoulish, but I'm watching
- 13:12Speaker 5: for economic reports that I usually don't follow anyway, but
- 13:16Speaker 5: I just watch for a headline.
- 13:18Speaker 2: Oh you know that.
- 13:18Speaker 5: Kind of thing where some some economic series plunges. You'll
- 13:25Speaker 5: see something like.
- 13:26Speaker 4: That at some point I don't know when. Yeah, gotch
- 13:32Speaker 4: So then this gets us to the sector that we like.
- 13:36Speaker 5: It's just gold mining. And you got the seniors, you
- 13:42Speaker 5: got the midland sized one, and then you got the juniors.
- 13:46Speaker 5: And I've been in mining exploration works since I graduated
- 13:50Speaker 5: in geology, which is a long time ago. And we
- 13:54Speaker 5: put together as I think it's eleven in it. I've
- 13:59Speaker 5: junior and gold stalks from pre production to small producers to.
- 14:05Speaker 4: Exploration out now exploration stocks.
- 14:09Speaker 5: We put it together in December twenty twenty three, and
- 14:14Speaker 5: Pat Ross and I went through the charts of it,
- 14:17Speaker 5: and if you had bought a suite of those things,
- 14:21Speaker 5: it'd be nicely on side. And the reason for getting
- 14:25Speaker 5: into them is that when you really get the bull
- 14:28Speaker 5: market for gold stocks, those small cap starts, they can
- 14:33Speaker 5: really move. And then there's also the possibility I have
- 14:38Speaker 5: somebody making a discovery and I remember one nineteen ninety
- 14:45Speaker 5: six and it was looking like an exploration market to
- 14:51Speaker 5: develop or I got a list of five stocks from
- 14:55Speaker 5: a gold fund manager in Toronto and one of them
- 14:59Speaker 5: was a stock called a.
- 15:03Speaker 4: Oh yeah, well it with pennies to thirty dollars.
- 15:09Speaker 5: And they take over for the whole property and everything
- 15:13Speaker 5: else was valued at one point one billion.
- 15:17Speaker 4: Wow. So just keep in mind they don't know when
- 15:22Speaker 4: there's the possibility of another air Equiper happening, where somebody
- 15:28Speaker 4: does make a discovery that the world and gets in
- 15:33Speaker 4: and participates.
- 15:35Speaker 2: Yeah, I love it. I love it, Matt. So so
- 15:39Speaker 2: what about the profits now? It places small small mining
- 15:44Speaker 2: concerns like Neumont and Barrack. What are they looking at now?
- 15:51Speaker 5: Oh, well they face the same thing. It all comes
- 15:55Speaker 5: down to the real price and their profit margins. Right,
- 15:59Speaker 5: and one can trade the seniors. But I people want
- 16:04Speaker 5: our list of juniors. They're quite welcome to.
- 16:07Speaker 4: Get in touch and maybe please.
- 16:09Speaker 3: To send it out.
- 16:10Speaker 2: Yeah, we'll have a link in the show notes so
- 16:13Speaker 2: that you can contact Bob and get that precious list.
- 16:17Speaker 2: We always get like two three dozen people asking for
- 16:21Speaker 2: that list, and it's a good list. So so the
- 16:26Speaker 2: fact is so with Newma barrack thirty five hundred dollars
- 16:32Speaker 2: thirty three hundred dollars gold, their profits are going to
- 16:37Speaker 2: go exponential art dech.
- 16:40Speaker 5: Oh, Yeah, they're making money because the same thing is
- 16:45Speaker 5: that gold reel price has been acting well yeah, over
- 16:51Speaker 5: bought a couple of months ago and its correcting. But generally,
- 16:56Speaker 5: and as I say, we might again find a people.
- 17:01Speaker 5: I just used the gold divided by the CRB get
- 17:05Speaker 5: a day, you can chart it, whereas if the flight
- 17:10Speaker 5: goal by the CPI the inflation thing, you can only
- 17:15Speaker 5: do that once a month.
- 17:17Speaker 2: Yeah that's so true, man, so true. Yeah, amazing. It
- 17:23Speaker 2: really is an amazing time to be alive, isn't it.
- 17:28Speaker 5: Oh it's fascinating out there, and particularly with the financial
- 17:35Speaker 5: and political history that I have. And when you have
- 17:42Speaker 5: a big financial boom.
- 17:44Speaker 4: Goes bust, the whole world can change.
- 17:48Speaker 2: Yeah.
- 17:50Speaker 5: Nine true.
- 17:52Speaker 4: Those that were on the scene in eighteen seventy.
- 17:55Speaker 5: Three, it was almost as band.
- 18:00Speaker 4: It was.
- 18:00Speaker 5: It was again a great financial bubble.
- 18:03Speaker 4: Hit and then the failure and into the whole thing.
- 18:09Speaker 4: Commodity praises, base metal is going down and everything else.
- 18:12Speaker 2: So yeah, yeah, yeah, so true, so true. Hey, so
- 18:19Speaker 2: so what's your take on AI.
- 18:24Speaker 5: Oh it's fascinating, but I don't think I'm really equipped
- 18:29Speaker 5: to fully understand it.
- 18:32Speaker 4: And it is a game that requires all kinds of power. Yeah,
- 18:39Speaker 4: like you're you know, power like you wouldn't believe.
- 18:42Speaker 2: So that's something you do know about.
- 18:45Speaker 4: Great, it has a great cachet with it. It also
- 18:48Speaker 4: has great costs.
- 18:51Speaker 2: But that is something you do know about.
- 18:54Speaker 3: Yeah.
- 18:54Speaker 4: Again, it is a financial market phenomenon.
- 19:00Speaker 5: Yeah, what that means.
- 19:02Speaker 2: Oh, bubble, I see bubbles in the sky. Yeah, floating upwards,
- 19:11Speaker 2: getting close, getting too close to the sun and then popping.
- 19:14Speaker 4: Oh that's the chorus effect the Greek the legend in
- 19:21Speaker 4: Greece where Icarus adhered bird feathers to his wings and
- 19:28Speaker 4: he could his arms and he can actually fly.
- 19:31Speaker 3: And he flew up and.
- 19:34Speaker 5: Watched and the sun melted the wax and.
- 19:36Speaker 2: The exactly, yes, exactly exactly that's what I'm talking about.
- 19:46Speaker 5: Yeah, yeah, I love it.
- 19:49Speaker 2: Yeah, I love it. Love it.
- 19:51Speaker 4: Oh.
- 19:51Speaker 9: And then also the busy bodies are coming out with
- 19:56Speaker 9: it's that they can they can reduce global warring by
- 20:00Speaker 9: putting all kinds of particulars up there in the sky.
- 20:04Speaker 5: Nobody says how much it is going to cost to fire.
- 20:08Speaker 4: Up rocus to distribute particles of something rather in the sky.
- 20:13Speaker 2: Yeah, and.
- 20:16Speaker 5: How much energy is going to take.
- 20:18Speaker 3: I mean, these guys are.
- 20:20Speaker 4: Dreamers, just absolutely hopeless dreamers.
- 20:23Speaker 2: Oh it's good to be a dreamer, though, isn't it.
- 20:28Speaker 4: Not when it's financials.
- 20:33Speaker 2: Hey, I'm a dreamer and it hasn't hurt me.
- 20:36Speaker 4: Okay, okay. So you went back to the to the
- 20:41Speaker 4: Great Depression and the hardship.
- 20:44Speaker 5: On the farms in Canada and then the States, and
- 20:50Speaker 5: the drought was I'm telling you the heat and the
- 20:55Speaker 5: drought of the twenties into the thirties was exceptional. So
- 21:03Speaker 5: then they went they were trying to seed clouds with
- 21:07Speaker 5: the iron dyine crystals or something there, and the efforts were.
- 21:12Speaker 4: Made, but you had to it's hard to do that.
- 21:15Speaker 4: You had some clouds, they just didn't have them, so, uh,
- 21:24Speaker 4: you needed clouds. But if there's no clouds, you can't
- 21:27Speaker 4: do it. So this is where you got. These guys
- 21:30Speaker 4: are going to seed the atmosphere with something particulars and
- 21:35Speaker 4: screen out.
- 21:37Speaker 5: And the heat and there prevent the world frying, you
- 21:43Speaker 5: know what I mean. And that's going Carneie the new
- 21:46Speaker 5: Prime Minister candidate. He really is right into the whole
- 21:52Speaker 5: global warming thing and you must do this and must
- 21:55Speaker 5: do that. And so it's prompting a very serious movement
- 21:59Speaker 5: by the Province of Alberta and Tashketchewan to leave the
- 22:07Speaker 5: Confederation of Canada. I'm all for it. I think it's
- 22:10Speaker 5: a great idea.
- 22:11Speaker 2: Hey, well, you know we were talking about this pre call.
- 22:15Speaker 2: I'm going to tell you what my thought is. I
- 22:18Speaker 2: believe that this was Trump's plan from the beginning. He
- 22:21Speaker 2: wants he didn't really want all of Canada because the
- 22:24Speaker 2: last thing the United States needs is thirty more more
- 22:28Speaker 2: million liberals. What he was really after, He's always been
- 22:33Speaker 2: after Alberta because that is a gold mine, both literally
- 22:37Speaker 2: and figuratively for the United States.
- 22:39Speaker 5: Right.
- 22:41Speaker 4: Oh yeah, No, My view is that he wants to
- 22:45Speaker 4: have an open border for people.
- 22:49Speaker 5: And goods and services, and then the whole trading block
- 22:56Speaker 5: because Canada the United States. And then also from this
- 23:03Speaker 5: is that over the beginning decades ago, I mean probably
- 23:06Speaker 5: the last great the person, the tariffs and protectionism from
- 23:12Speaker 5: province to province got out of control as wow. So
- 23:17Speaker 5: now there is a genuine movement in Canada to get
- 23:21Speaker 5: rid of the tariffs, promise to province. It's this good
- 23:26Speaker 5: stuff and I and I believe it's going to happen.
- 23:30Speaker 2: It's good stuff, it's brilliant. It's like, who a trof,
- 23:34Speaker 2: this could be done?
- 23:36Speaker 5: Right?
- 23:37Speaker 2: Who would think that it could ever be done?
- 23:40Speaker 5: Now? The attitude is there. People are just getting realized
- 23:45Speaker 5: a lot of things. They're pretty stupid. But the leader
- 23:49Speaker 5: of the opposition in Canada, Pierre pod I've written a
- 23:54Speaker 5: year ago that he is the most competent and attractive
- 23:59Speaker 5: Conservative of leader since Ronald Reagan. The guy is very
- 24:05Speaker 5: good and also he's extremely bright. He did a and
- 24:12Speaker 5: address on well I was called Flag Day in the States,
- 24:16Speaker 5: I think I called it Family Day in Canada. And
- 24:20Speaker 5: I was so impressed with this thing. And then one
- 24:22Speaker 5: of the commentators and business commentators out of Toronto the
- 24:28Speaker 5: next day wrote that recorded that pauliev wrote that whole
- 24:35Speaker 5: address himself. Really, Oh no, he this guy is something
- 24:40Speaker 5: else again.
- 24:41Speaker 4: No, I have the highest regard.
- 24:44Speaker 2: Yeah, yeah, I'm a believer in him too. I think
- 24:48Speaker 2: he's pretty good. But I don't think he handled the
- 24:52Speaker 2: election properly. But maybe those.
- 24:57Speaker 5: Yeah, he needs a major do to watch for traps.
- 25:01Speaker 5: But the liberals, i e. The government changed the writing
- 25:10Speaker 5: and then they had a ballot with ninety names.
- 25:12Speaker 4: On it and was about eighty down. They the liberals,
- 25:17Speaker 4: think of everything.
- 25:19Speaker 2: Oh you'll stop at nothing. They'll stop it nothing.
- 25:22Speaker 5: And there is also probably ballot stolen or delivered when
- 25:27Speaker 5: they were needed. So no, that.
- 25:31Speaker 4: An election was rigged against him.
- 25:36Speaker 2: Yeah, well you're supposed to be ready for this stuff.
- 25:39Speaker 2: Trump wasn't ready the first time either. We see what
- 25:42Speaker 2: happened there, but now a little different.
- 25:46Speaker 3: Oh yeah, he's got to handle on it.
- 25:49Speaker 5: So yeah, yeah, definitely Trump is unique in history as
- 25:57Speaker 5: far as I'm able. I look back a couple of
- 26:01Speaker 5: hundred years, and there have been reformers, but nothing like this.
- 26:09Speaker 5: Trump is his own man, and I wasn't I think
- 26:13Speaker 5: when he came.
- 26:14Speaker 4: Down the elevator at Trump Tower and then announced, I
- 26:18Speaker 4: don't think he really grasped where he was and what.
- 26:23Speaker 5: It didn't take him.
- 26:24Speaker 2: It's a reality TV show, right, Yeah, he's.
- 26:28Speaker 4: But he's got it, so no, I haven't. There's nobody
- 26:33Speaker 4: there trump in history that I that I have been.
- 26:35Speaker 2: Able to see.
- 26:36Speaker 3: So yeah, and I admire him, and he's going to
- 26:41Speaker 3: help save the Western world from the wfers, communist, whatever
- 26:48Speaker 3: you want to call him.
- 26:49Speaker 4: These days, control.
- 26:51Speaker 2: Freaks couldn't agree with you more, could not agree with
- 26:54Speaker 2: you more. Hey, So all right, so when we talk
- 26:58Speaker 2: again in a few months, are we in a recession
- 27:01Speaker 2: or not?
- 27:02Speaker 5: Just well, this is what I'm looking for. We've had
- 27:04Speaker 5: the spike up in the financials, a spike down and
- 27:09Speaker 5: it should be accompanied by weakening economic numbers.
- 27:12Speaker 4: So we're watching for weakening economic numbers.
- 27:18Speaker 2: All right, sounds good. So Bob, the list you got
- 27:23Speaker 2: your favorite mining stocks on that list? Has it changed
- 27:25Speaker 2: much since the last one?
- 27:27Speaker 4: List of prime primes.
- 27:32Speaker 5: Put together by guys have been on the street for
- 27:36Speaker 5: a million years and they know they they know the action,
- 27:40Speaker 5: and so they said there's pre production in there. They're
- 27:45Speaker 5: small producers and then there's ex So I like it.
- 27:50Speaker 5: It's I think, I think people a good way to
- 27:54Speaker 5: play the gold sector.
- 27:58Speaker 2: All right, I like it. All Right, we'll talk to
- 28:01Speaker 2: you soon. You got any questions comments for Bob, shoot
- 28:03Speaker 2: me an email kl at Carrie LUTs dot com. Of course,
- 28:08Speaker 2: go to the site Financial Survival Network dot com. You
- 28:11Speaker 2: get all the links and hey, we'll get you that
- 28:14Speaker 2: list as soon as you send in the request. Put
- 28:17Speaker 2: Bob's list in the in the subject line. Again, Bob's
- 28:23Speaker 2: list in the subject line. Bob, We'll talk to you
- 28:25Speaker 2: in a couple months or maybe less. Who knows talk
- 28:28Speaker 2: to you soon?
- 28:29Speaker 5: Be walked fun carry anytime, look forward to it.
- 28:31Speaker 1: Thanks for listening to Carrie Lutz's Financial Survival Network, your
- 28:36Speaker 1: solution to today's trying times. For the latest, go to
- 28:40Speaker 1: Financial Survivalnetwork dot com. Financial Survival Network now more than ever,