Latest / Financial Survival Network / Gold, Bitcoin, and the “Sheep Indicator” - Derek & Tony of Piggos Trading Desk #6312

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Gold, Bitcoin, and the “Sheep Indicator” - Derek & Tony of Piggos Trading Desk #6312 · Financial Survival Network

• 0:00
  Speaker 1: Mom and pop with the four to one k or
• 0:01
  Speaker 1: a pension have an investment in slv R GLD. They're
• 0:06
  Speaker 1: not going to get a dime of that gold. They're
• 0:08
  Speaker 1: gonna get told, well, you messed out, we only had
• 0:10
  Speaker 1: X amount and we are naked twenty. So the person
• 0:13
  Speaker 1: who has the most exposure and is the biggest like
• 0:16
  Speaker 1: buyer is going to get the gold you're not going
• 0:18
  Speaker 1: to get you.
• 0:18
  Speaker 2: You're listening to Carrie Letz's Financial Survival Network, where you
• 0:22
  Speaker 2: get valuable information you just can't find anywhere else to
• 0:26
  Speaker 2: thrive in today's trying times. You need the Financial Survival
• 0:30
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• 0:35
  Speaker 2: com and get your free newsletter and gift. Financial Survival
• 0:39
  Speaker 2: Network now more than ever.
• 0:46
  Speaker 3: And welcome you are listening to and watching the Financial
• 0:49
  Speaker 3: Survival Network. I'm your host, Carrie Lutz got a really
• 0:53
  Speaker 3: interesting couple of guys on I met them at the
• 0:57
  Speaker 3: RIC Rule Conference, the ric Rule Resource Symposium, and really interesting.
• 1:03
  Speaker 3: I love when younger people get involved in this space
• 1:07
  Speaker 3: because look, I'm old, I've done my thing, I'm still
• 1:13
  Speaker 3: doing it. But in order to get the younger generation
• 1:17
  Speaker 3: educated and empowered, you need to start thinking differently. These
• 1:22
  Speaker 3: guys run a site called pigos Trading Desk Desk. That's
• 1:28
  Speaker 3: piggo apostrophe as Trading Desk and guys, great to have
• 1:34
  Speaker 3: you on the show. Introduce yourselves please.
• 1:38
  Speaker 4: Well I'm Derek and this is Tony, my brother. We
• 1:41
  Speaker 4: host a Piggo's trading desk. We are pretty much average
• 1:45
  Speaker 4: American workingman. I work still at a regular place and
• 1:50
  Speaker 4: I also do the trading with my brother.
• 1:51
  Speaker 5: He's been trading since he was like twenty four. Talk
• 1:55
  Speaker 5: lit bit myself.
• 1:55
  Speaker 1: Yeah, I started trading at twenty four. I was classically
• 1:58
  Speaker 1: trained in Austrian economics in China. And you know, I've
• 2:01
  Speaker 1: built my own strategy over the years. Why I utilize
• 2:04
  Speaker 1: a vortex indicator and I have a sheep indicator based
• 2:07
  Speaker 1: on how many like for example, like people are gullible
• 2:10
  Speaker 1: to the bullshit propaganda that it's be on TV. So
• 2:13
  Speaker 1: the highest you can get the four and the lowest
• 2:15
  Speaker 1: you can get one.
• 2:16
  Speaker 3: Well, you know what they say, sheeple who need sheeple
• 2:20
  Speaker 3: are the leftiest sheeple in the world.
• 2:23
  Speaker 6: Exactly.
• 2:24
  Speaker 3: Webert Streissan saying that a song right, didn't she sheeple
• 2:27
  Speaker 3: who need sheeple? But anyway, Uh, okay, So you were
• 2:31
  Speaker 3: in China and you learned about Austrian economics.
• 2:35
  Speaker 1: Yeah, it's a funny story. Actually, my ex's dad owned
• 2:39
  Speaker 1: one of the hedge funds in China, one of the
• 2:41
  Speaker 1: biggest ones in Beijing, and he taught me classical economics
• 2:44
  Speaker 1: when I lived there for two years.
• 2:47
  Speaker 6: Wow.
• 2:47
  Speaker 3: You know, like most hedge fund guys will not even
• 2:51
  Speaker 3: admit that they heard of Ludwig von Misis let alone
• 2:55
  Speaker 3: espouse Austrian economics because their whole busy. This model works
• 3:01
  Speaker 3: because of the inefficiencies created by.
• 3:06
  Speaker 6: The Federal Reserve and Central planning.
• 3:09
  Speaker 4: Yes, and me, I learned about Austrian economics through like
• 3:12
  Speaker 4: listening through guys like you and like Mario and Echo.
• 3:15
  Speaker 4: That's where I first started learning about it, and then
• 3:17
  Speaker 4: I started doing research on it and actually reading on
• 3:19
  Speaker 4: it myself.
• 3:20
  Speaker 6: Yeah.
• 3:20
  Speaker 3: Well, back when I was in college, I discovered the
• 3:25
  Speaker 3: Milton Friedman Free to Choose That was a special on
• 3:29
  Speaker 3: PBS of all shows, all stations.
• 3:31
  Speaker 6: They would never show that.
• 3:34
  Speaker 3: Series on PBS again because basically it made the case
• 3:38
  Speaker 3: for free markets and that a place like Hong Kong
• 3:43
  Speaker 3: with free markets can prosper have huge wealthy standard of
• 3:49
  Speaker 3: living and basically that most of the problems. He used
• 3:55
  Speaker 3: to say, if there's a problem in the world, I
• 3:59
  Speaker 3: could tell you exactly where it came from the government.
• 4:03
  Speaker 3: And you know, I wouldn't say all problems are created
• 4:07
  Speaker 3: by the government, but it's not where problems don't go
• 4:12
  Speaker 3: to die with the government, they go to get institutionalized.
• 4:19
  Speaker 1: Yeah, yeah, definitely. And you know, in terms of like
• 4:23
  Speaker 1: free market capitalism, you know, we haven't had that in
• 4:27
  Speaker 1: the US in a very long time. And like this
• 4:29
  Speaker 1: whole top down control started with the Hanseatic League back
• 4:32
  Speaker 1: in the twelve hundreds, where you had them control in
• 4:34
  Speaker 1: the market from the top down for the oligarchs.
• 4:38
  Speaker 3: Well, you know, one thing is most people are just
• 4:42
  Speaker 3: going to go along with everything, right, Yeah, we don't.
• 4:46
  Speaker 3: We've never had a population of critical thinkers normally. I
• 4:51
  Speaker 3: was just reading about Socrates because that's Martin Armstrong's pet ai,
• 4:56
  Speaker 3: and you know, some article popped up about his trial. Basically,
• 5:02
  Speaker 3: he was a trouble maker and things were really bad,
• 5:05
  Speaker 3: so he became a scapegoat and they killed him. And
• 5:09
  Speaker 3: his whole thing was he was a disruptor. He wanted
• 5:14
  Speaker 3: younger people to be critical thinkers. Think from themselves now.
• 5:19
  Speaker 3: Instead of that, they just get suppressed by algorithms and
• 5:25
  Speaker 3: sent sent into the made to sit in the corner
• 5:29
  Speaker 3: with a hat on that says you're a dunce. Right,
• 5:33
  Speaker 3: That's what algorithmic suppression does to you. Have you encountered
• 5:38
  Speaker 3: any blowback from our tech overlords?
• 5:43
  Speaker 5: You know, feel like we are? I feel like we are.
• 5:46
  Speaker 4: Some of our videos don't get a lot of views.
• 5:49
  Speaker 4: One in particularly right now, we've joined like a pretty much.
• 5:52
  Speaker 4: I guess we'd call it a movement of fight against
• 5:54
  Speaker 4: naked shorts with Terry Lynch.
• 5:57
  Speaker 5: And his video it didn't get gone. I think it's
• 6:00
  Speaker 5: on substack.
• 6:01
  Speaker 4: It says it's got zero views, and it's got way
• 6:03
  Speaker 4: more views than that. We've actually watched people watch it
• 6:06
  Speaker 4: and it still doesn't get any views. So I do
• 6:08
  Speaker 4: believe we are being soiled it from the lord sucks.
• 6:11
  Speaker 3: Back is not going to It's not gonna gonna suppress.
• 6:18
  Speaker 6: I've never heard of that yet.
• 6:20
  Speaker 3: In fact, a lot of the people who are on
• 6:22
  Speaker 3: substack are professional journalists who've basically been persecuted. But what
• 6:30
  Speaker 3: I will tell you is that you know, once you
• 6:34
  Speaker 3: go out of that little nurturing environment, anything is possible there.
• 6:39
  Speaker 3: So what's your YouTube channel by the way, right.
• 6:47
  Speaker 1: Yeah, we are getting suppressed on there. Some of our
• 6:50
  Speaker 1: videos they get like eighteen views. And like, I think
• 6:54
  Speaker 1: it has to do with the titling that we use,
• 6:56
  Speaker 1: because we use kind of like black bild narration titling.
• 6:59
  Speaker 1: I was a screenwriter in my earliers and I like
• 7:01
  Speaker 1: to really be dramatic.
• 7:04
  Speaker 5: He likes a clickbait.
• 7:06
  Speaker 3: Yeah, as we were discussing, that's not aways your best.
• 7:13
  Speaker 6: You have to you have to outthink it.
• 7:16
  Speaker 3: So yeah, so I'm looking at your I can tell
• 7:19
  Speaker 3: you right now.
• 7:22
  Speaker 6: Oh yeah, you're you're in no man's land.
• 7:25
  Speaker 3: That the algorithm has got you, uh basically has put you,
• 7:31
  Speaker 3: sentence you to Siberia. Yeah, you're in the gulag. You're
• 7:36
  Speaker 3: in the algorithmic gulog, never to be heard from again.
• 7:40
  Speaker 3: But I'll tell you some ways to work on that,
• 7:43
  Speaker 3: because I have one channel. You know, all my channels
• 7:46
  Speaker 3: have suffered suppression or or lack of distribution, shall we say,
• 7:52
  Speaker 3: over the years. But there are ways to get over that.
• 7:56
  Speaker 3: So how do you how else do you get your
• 7:58
  Speaker 3: message out? You've got a website, right, because.
• 8:01
  Speaker 4: A club start, right, we do we write an article
• 8:05
  Speaker 4: like every other day.
• 8:06
  Speaker 5: Basically we're published an article. I think so far we
• 8:09
  Speaker 5: have how many articles.
• 8:10
  Speaker 1: Like over like ninety nine articles, I believe.
• 8:13
  Speaker 6: Yeah, are you getting some play there?
• 8:15
  Speaker 3: Yeah?
• 8:15
  Speaker 1: We got one hundred and fifty two subscribers, eleven hundred followers,
• 8:18
  Speaker 1: and we're yeah, we're getting some good views.
• 8:22
  Speaker 4: To some of our views, Like our videos are not
• 8:25
  Speaker 4: getting views on there? That like I told you the
• 8:28
  Speaker 4: one from Terry Lynch, that one, like I literally watched
• 8:30
  Speaker 4: somebody watch it and it's still showing I believe zero.
• 8:33
  Speaker 4: It's not really showing any any Boddy watching it at all.
• 8:36
  Speaker 4: And that one's strictly on naked shorts.
• 8:39
  Speaker 3: Yeah, well that is more a function of substacks lagginess.
• 8:44
  Speaker 3: It's not they're not suppressing anything legitimately, because I know
• 8:51
  Speaker 3: I have X number of subs who've signed up recently
• 8:56
  Speaker 3: and they're fifty behind.
• 8:59
  Speaker 6: It's just work, just works that way.
• 9:02
  Speaker 3: So as far as market philosophy goes, how do you guys?
• 9:08
  Speaker 3: Are you in stocks, precious metals, crypto?
• 9:13
  Speaker 6: What's your thing?
• 9:14
  Speaker 1: So I answer that one. I trade everything. I'm a
• 9:18
  Speaker 1: pretty technical trader.
• 9:20
  Speaker 5: I like gold and silver.
• 9:21
  Speaker 1: We buy gold and silver, we stack at platinum, palladium,
• 9:24
  Speaker 1: even copper boy on. We like that rinium as well.
• 9:26
  Speaker 1: We believe that you need fungible assets in your portfolio.
• 9:31
  Speaker 1: We also hold stocks, mostly right now minors. We have
• 9:35
  Speaker 1: some short positions that we just closed out and we
• 9:38
  Speaker 1: hit on those last week. We thought the market pullback
• 9:40
  Speaker 1: was coming based on the vortex. We're trading in Brazil
• 9:44
  Speaker 1: right now. We've made some good money there. India it's
• 9:46
  Speaker 1: had a pullback, but I expected to go up higher,
• 9:49
  Speaker 1: especially with the tariffs. And also we have China exposure.
• 9:53
  Speaker 1: I've been bulleted on China since twenty twelve. And we
• 9:58
  Speaker 1: do trade crypto right now. I have position an XLEM.
• 10:01
  Speaker 1: I got in at thirty seven cents. That was my
• 10:03
  Speaker 1: target price is at thirty seven thirty nine. I hit
• 10:05
  Speaker 1: thirty seven, so I bought at thirty nine. I bloted
• 10:07
  Speaker 1: thirty seven and then with Hbar, I'm waiting and holding off.
• 10:09
  Speaker 5: I want it.
• 10:10
  Speaker 1: They hit twenty cents, I'll get in and write it
• 10:11
  Speaker 1: for the next leg up.
• 10:13
  Speaker 6: Okay, what's your take on bitcoin?
• 10:16
  Speaker 4: Uh, We're not big bitcoin fans. We more like the
• 10:20
  Speaker 4: gold and silver and stuff like that. I mean we
• 10:22
  Speaker 4: see bitcoin more as like a trading asset. We don't
• 10:25
  Speaker 4: really necessarily like invest in bitcoin. If we do invest
• 10:29
  Speaker 4: in bitcoin, it's like what he said, a short position,
• 10:31
  Speaker 4: like we do ETF short position ETF on bitcoin and
• 10:34
  Speaker 4: stuff like that. We don't really invest in bitcoin. We
• 10:37
  Speaker 4: had before, but we've kind of stopped.
• 10:40
  Speaker 5: Now.
• 10:40
  Speaker 6: Well, here's here's the thing.
• 10:42
  Speaker 3: I recommend to type it into any of your ais
• 10:45
  Speaker 3: and ask them for the case for bitcoin does an
• 10:51
  Speaker 3: upcoming short squeeze. We're in the midst of it now
• 10:54
  Speaker 3: of bitcoin, serious short squeeze because all these ETFs are
• 10:59
  Speaker 3: gobbling up up as many coins as they can get,
• 11:03
  Speaker 3: you know, billions of dollars a week some weeks go
• 11:05
  Speaker 3: into those ETFs. Last Friday they puked out like eight
• 11:12
  Speaker 3: hundred and thirty million worth of bitcoin to drive the
• 11:16
  Speaker 3: market down. But at the same time, who's buying these coins?
• 11:20
  Speaker 3: You know, it's like really interesting. So I think it's
• 11:25
  Speaker 3: going up to eight figures over time because that's the
• 11:30
  Speaker 3: only thing that they can use to stabilize the upcoming
• 11:34
  Speaker 3: financial system. I love gold, don't get me wrong, and silver,
• 11:38
  Speaker 3: but I think that there's too much. Just more gold
• 11:43
  Speaker 3: is coming into the system, all right, and I don't
• 11:46
  Speaker 3: think we'll ever have enough, but we're never going to
• 11:49
  Speaker 3: have the shortage of gold. Like we have a bitcoin
• 11:52
  Speaker 3: and maybe it'll go up to five thousand, maybe it'll
• 11:54
  Speaker 3: go up to ten but I don't think it's going
• 11:57
  Speaker 3: up to ten million unless the value of the dollar
• 12:00
  Speaker 3: comes worthless anyway.
• 12:01
  Speaker 6: So how do you manage risk? Well?
• 12:06
  Speaker 1: I manage risk by watching the technicals, like I look
• 12:09
  Speaker 1: for a head and shorter pout and inverse out of
• 12:11
  Speaker 1: short of bare fly, you know, just technical trading. And
• 12:14
  Speaker 1: whenever we have a formation I don't like, or even
• 12:17
  Speaker 1: if the vortex is telling me the trigger based on
• 12:19
  Speaker 1: the selling pattern, when it's descending down in a wedge,
• 12:22
  Speaker 1: I'll usually trade out and take some profits. And if
• 12:25
  Speaker 1: I felt like I could write out for a little more,
• 12:26
  Speaker 1: I'll keep some house money in there, but I'll just
• 12:29
  Speaker 1: usually take a little bit off the top. I try
• 12:31
  Speaker 1: to take thirty percent off the top whenever I get
• 12:33
  Speaker 1: the opportunity each time, and reinvest that into some silver
• 12:37
  Speaker 1: or usually uh inverse eta or our yeah, something like that.
• 12:41
  Speaker 6: Yeah.
• 12:41
  Speaker 3: So you're big on taking your profits when you find them.
• 12:46
  Speaker 6: Yeah, yeah, yeah.
• 12:48
  Speaker 4: Well yeah, we used to hold longer, but we just
• 12:50
  Speaker 4: started doing that recently part of the last year.
• 12:53
  Speaker 1: Yeah, I made a stupid choice in there, like I
• 12:55
  Speaker 1: bet on e hang for the longest time, my body
• 12:59
  Speaker 1: hang when a seven dollars and eighty nine cents and
• 13:01
  Speaker 1: it hit like one hundred and fourteen dollars. Now instead
• 13:04
  Speaker 1: of me take a profit at one hundred and fourteen dollars,
• 13:06
  Speaker 1: that was like I spllled the two hundred short seller
• 13:08
  Speaker 1: report came out from Hindenburg. It plummeted, but I did
• 13:11
  Speaker 1: cash out part of it at eighty dollars. But it
• 13:14
  Speaker 1: was my greed, like that stopped me. I learned my
• 13:17
  Speaker 1: lesson from the Hut.
• 13:19
  Speaker 3: Well, you have to have to be in control of
• 13:22
  Speaker 3: your emotions, right yeah, yeah, and it's so is here
• 13:29
  Speaker 3: control your emotions? That is that is the conundrum for
• 13:33
  Speaker 3: any active trader, right yeah.
• 13:36
  Speaker 1: Now we deep dive in the company is like for example,
• 13:39
  Speaker 1: we've had four ten baggers this year. We bought TMC
• 13:42
  Speaker 1: at what seventy two cents and we sold a lot
• 13:45
  Speaker 1: of that often it hit eight dollars and I just
• 13:48
  Speaker 1: based it on like the whole company. It's a it's
• 13:50
  Speaker 1: a failure idea, Like you can deep sea mind that's
• 13:53
  Speaker 1: not going to work.
• 13:54
  Speaker 5: At all.
• 13:54
  Speaker 1: It's it's a horrible idea. This is more of a
• 13:57
  Speaker 1: short squeeze play in order to just create some liquidity
• 14:01
  Speaker 1: and to bring some profit.
• 14:03
  Speaker 6: It's a game stop.
• 14:05
  Speaker 1: Yeah, So me knowing that I took my profits when
• 14:08
  Speaker 1: I had the chance, and even with the company like
• 14:10
  Speaker 1: Big berr Ai, I bought a big Berry ad a
• 14:12
  Speaker 1: dollar eighteen and that's hold it at ten bucks because
• 14:15
  Speaker 1: I knew the whole idea of it was nonsense, like
• 14:18
  Speaker 1: it's not going to work and it's such a small
• 14:20
  Speaker 1: MICROCAPI company that it's going to be either merger and
• 14:23
  Speaker 1: acquisition or it's going to fail. So my baseline was,
• 14:26
  Speaker 1: I'll let it get to X amount of dollars. If
• 14:28
  Speaker 1: it hits, I'll cash out and I'll keep a small position.
• 14:30
  Speaker 1: If it breaks five percent in a day, liquidated because
• 14:34
  Speaker 1: that five percent tells me an ominous pattern that something
• 14:36
  Speaker 1: bad is coming.
• 14:38
  Speaker 6: Yeah, I will.
• 14:39
  Speaker 3: You know I'm not a good trader, all right, I
• 14:43
  Speaker 3: knew it, So I have to take a longer horizon
• 14:47
  Speaker 3: because you know, I just emotionally, temperamentally, I'm just not
• 14:51
  Speaker 3: set up to do it. But that's why in some
• 14:55
  Speaker 3: ways buying gold and silver was like the best thing ever,
• 14:58
  Speaker 3: because even though you want to sell it, it's a
• 15:00
  Speaker 3: real pain to sell. You know, I got to row
• 15:03
  Speaker 3: in my car hope that nobody Well, I have to
• 15:06
  Speaker 3: go find it where it's parked, get it, and then
• 15:11
  Speaker 3: transport it. And I would just assume not bother with it,
• 15:14
  Speaker 3: so I don't. And that's like it's the ultimate buy
• 15:17
  Speaker 3: and whold asset because you can always sell it. It's
• 15:20
  Speaker 3: not a big deal. I've sold some in the past
• 15:23
  Speaker 3: to pay for taxes, weddings, bar mitzvahs, but that's the
• 15:28
  Speaker 3: only reason I did not because I wanted it to
• 15:32
  Speaker 3: And so you can always sell it, but it's always
• 15:37
  Speaker 3: a pain to sell it. That's why people go to
• 15:40
  Speaker 3: ETFs and who knows if they have it what you're
• 15:42
  Speaker 3: feeling about GLD, SLV they sitting on all that gold
• 15:46
  Speaker 3: and silver or is it? Is it vapor ware, vapor
• 15:52
  Speaker 3: vapor metal?
• 15:53
  Speaker 1: It's vapor were only if they do have any it's
• 15:56
  Speaker 1: going to go to the big cats because they get
• 15:58
  Speaker 1: the Stanford delivery before any small timers did. Like if
• 16:01
  Speaker 1: mom and Pop with the four one k or a
• 16:03
  Speaker 1: pension have an investment in sl V or GLD, they're
• 16:07
  Speaker 1: not going to get a dime of that gold they're
• 16:09
  Speaker 1: gonna get told, well, you messed out. We only had
• 16:11
  Speaker 1: x amount and we were naked twenty So the person
• 16:14
  Speaker 1: who has the most exposure and is the biggest like
• 16:17
  Speaker 1: buyer is going to get the gold. You're not gonna
• 16:19
  Speaker 1: get ship. You get a paper certificate if anything, from
• 16:22
  Speaker 1: the sdi C. But you won't get no physical gold.
• 16:25
  Speaker 1: You just get like some paper contract or some bs
• 16:27
  Speaker 1: that they're going to generate, maybe a stable coin to
• 16:29
  Speaker 1: cover it now, because that's the new way of doing it, right.
• 16:32
  Speaker 4: Yeah, probably prefer the physical because if you don't, you
• 16:34
  Speaker 4: don't hold it, you don't own it.
• 16:36
  Speaker 5: Need the physical.
• 16:38
  Speaker 6: Yeah, yep, so true, man, so true.
• 16:42
  Speaker 3: I'm a big believer in physical I didn't buying a
• 16:46
  Speaker 3: silver below spot. I mean, well it was below spot
• 16:49
  Speaker 3: last week, but you know, after they crashed, After they
• 16:53
  Speaker 3: crashed silver, it's probably close to spot. And it's so
• 16:59
  Speaker 3: easy to do, you know some of it. I bought
• 17:03
  Speaker 3: it thirty forty percent below spot if you could believe it.
• 17:07
  Speaker 6: So they.
• 17:09
  Speaker 3: Like, hey, you'll have to like go to my substack
• 17:13
  Speaker 3: and I'll be writing an article about it, and I'll
• 17:15
  Speaker 3: throw the link here and you can come find out.
• 17:20
  Speaker 3: But seriously, guys, So looking ahead, world economy, the United States,
• 17:26
  Speaker 3: global geoglobal tensions, confrontations, war cycle. According to Martin Armstrong,
• 17:34
  Speaker 3: we're in the midst of it through twenty twenty five
• 17:38
  Speaker 3: or six. What's your take on things? Where do you
• 17:42
  Speaker 3: see things going?
• 17:44
  Speaker 4: So for me, like, I see what Trump putting the
• 17:47
  Speaker 4: nuclear on what is it? The silver arm right there,
• 17:50
  Speaker 4: and then the gravity bombs inside UK. But I watched
• 17:53
  Speaker 4: oil and oil as it was I think sixty six
• 17:55
  Speaker 4: dollars today, so it looked like it didn't go up
• 17:56
  Speaker 4: really at all, which I think when you put the
• 17:59
  Speaker 4: submar over there first's it went up to like seventy.
• 18:02
  Speaker 5: So I don't think we're going to war anytime soon.
• 18:05
  Speaker 4: I think that all this stuff that they're doing with
• 18:08
  Speaker 4: Russia and all that, I don't think it's going to
• 18:09
  Speaker 4: leave the war anytime soon. But I am with Martin.
• 18:12
  Speaker 4: I do believe we are going to a war. I've
• 18:14
  Speaker 4: always been saying for like the last five six years
• 18:16
  Speaker 4: now that I believe we're going to be in a
• 18:18
  Speaker 4: civil war and a world war at the same time.
• 18:20
  Speaker 4: I think there'll be a civil war in the United
• 18:22
  Speaker 4: States and a world war going on at the same time,
• 18:24
  Speaker 4: I don't know if that's actually going to play out.
• 18:27
  Speaker 5: I do see like it could play out.
• 18:28
  Speaker 4: I do see like the Maga movement and like the liberals.
• 18:32
  Speaker 5: I feel like it could play out with that, but
• 18:34
  Speaker 5: I don't know that it will. But I do see us.
• 18:36
  Speaker 4: Going into like a world war. Whether it turns nuclear,
• 18:39
  Speaker 4: I don't know, but I do think it will be like.
• 18:41
  Speaker 5: A world war.
• 18:42
  Speaker 4: And I do think there's going to be a lot
• 18:43
  Speaker 4: of life loss by twenty thirty two. Like what Martin says,
• 18:46
  Speaker 4: I think they with the.
• 18:48
  Speaker 3: AI now, a lot of people aren't needed. Their labor
• 18:51
  Speaker 3: is unnecessary. I don't know what those people are going
• 18:54
  Speaker 3: to do.
• 18:55
  Speaker 5: Yeah, that's true.
• 18:56
  Speaker 1: And my take, my think's a little more brutal than his.
• 19:00
  Speaker 1: I'm a little darker. But I do believe we're going
• 19:03
  Speaker 1: to see an escalation in war, at least between proxies.
• 19:06
  Speaker 1: In August, we're going to see a probably in the
• 19:08
  Speaker 1: Middle East, an escalation and somewhat in Ukraine. And we
• 19:11
  Speaker 1: may see remaining conflict in India and Pakistan. In August
• 19:15
  Speaker 1: and in November we'll see an escalation, and by January
• 19:18
  Speaker 1: I see at least one tactical nukepiing deployed based on
• 19:21
  Speaker 1: the current solar cycle. Before this used to be really
• 19:24
  Speaker 1: common knowledge of the eighteen hundred sunspot theory, and essentially
• 19:27
  Speaker 1: we are going through sunspot theory. And you know, I
• 19:29
  Speaker 1: don't know why they stopped teaching this, but it's essentially
• 19:32
  Speaker 1: when we start cannibalizing ourselves in order to stay warm,
• 19:35
  Speaker 1: Like it's wintertime, so we start turning panels off the
• 19:38
  Speaker 1: house and throwing it into the fireplace. Sure, you stay warm,
• 19:40
  Speaker 1: but your house is now a vacant shell, and for
• 19:43
  Speaker 1: next winter, you don't have nothing to burn. You burn
• 19:46
  Speaker 1: through it all because you're just trying to stay warm.
• 19:48
  Speaker 1: For this punter, well, sorry, I don't mean to be laughing.
• 19:50
  Speaker 3: It's not funny, but it's but your analogy is funny,
• 19:54
  Speaker 3: I think spot on. But my whole life, I've got
• 19:59
  Speaker 3: a few years on you, guys. I remember duck and cover. Okay,
• 20:03
  Speaker 3: we used to go into the auditorium. I even understand
• 20:06
  Speaker 3: it is in kindergarten, and we take our coats, our
• 20:10
  Speaker 3: jackets and put put them over us, and we bend down,
• 20:13
  Speaker 3: put our heads under the chair in front of us.
• 20:17
  Speaker 3: And that was duck and cover. And that was going
• 20:20
  Speaker 3: to protect us when they dropped the bomb. So the
• 20:22
  Speaker 3: point is, my whole life, it's been one thread after
• 20:27
  Speaker 3: the next. I'm immune at this point. Like plus, I'm
• 20:30
  Speaker 3: older than you, my kids are grown. I'm just not
• 20:33
  Speaker 3: worrying about it. Like, one thing that I preach, if
• 20:37
  Speaker 3: that's the right term, is live your best life. You know,
• 20:42
  Speaker 3: do not make your happiness subject to something happening outside
• 20:48
  Speaker 3: of you, whether it's government, whether it's family. Yeah, you
• 20:52
  Speaker 3: want to be happy, you want your family to be happy,
• 20:54
  Speaker 3: but your internal state of happiness is where everything begins
• 20:59
  Speaker 3: and ends. So my law partner used to say, Kerrie,
• 21:04
  Speaker 3: the situation is hopeless but never serious, And I find
• 21:08
  Speaker 3: myself repeating that phrase over and over and over again.
• 21:13
  Speaker 6: Guys, where do we find you? How do we connect
• 21:16
  Speaker 6: with you? On the web?
• 21:17
  Speaker 4: Oh, you can find us at Piggles Trading disc and
• 21:19
  Speaker 4: that'll be either on Pigostradingdesk dot com. You can find
• 21:23
  Speaker 4: us at Pigles Trading Desk on YouTube, Piggos T I
• 21:26
  Speaker 4: think it's Piggos Underscore t Underscore disc on X. We're
• 21:32
  Speaker 4: also on Instagram at Pigos Trading Disc and on substack
• 21:36
  Speaker 4: at pigles trading desk.
• 21:37
  Speaker 1: Any social media media podcast pretty much, just pig those
• 21:41
  Speaker 1: trading desk and that'll pop up.
• 21:43
  Speaker 6: Very cool.
• 21:44
  Speaker 3: All right, Well, you know I'm following you on substack.
• 21:47
  Speaker 3: Everybody out there follow them on substack. To me, substack
• 21:50
  Speaker 3: is the greatest platform that I've ever seen in my life.
• 21:55
  Speaker 3: It covers so many bases, from email manager to post sticking,
• 22:00
  Speaker 3: your videos, your podcasts, to articles.
• 22:03
  Speaker 6: To monetization, so many things.
• 22:06
  Speaker 3: I can't say enough good things about that platform, even
• 22:10
  Speaker 3: though when I first came across it, I didn't really
• 22:14
  Speaker 3: get its power. But it's it's evolved, it keeps getting better. Yes,
• 22:18
  Speaker 3: there are rough edges analytics not the best. They're a
• 22:23
  Speaker 3: little simplistic, but you got to understand it's not for
• 22:26
  Speaker 3: you and me. Those analytics. That's for you know, a
• 22:31
  Speaker 3: guy like Matt Taev who who doesn't know what a
• 22:34
  Speaker 3: CTR is.
• 22:36
  Speaker 6: Or you know, or views. He doesn't know any of
• 22:40
  Speaker 6: that stuff.
• 22:41
  Speaker 3: It's like he looks, oh I got views. I'm okay.
• 22:44
  Speaker 3: He doesn't understand any of it. That is the average
• 22:49
  Speaker 3: substack user. They came, they worked for other media and
• 22:53
  Speaker 3: then they're doing substack.
• 22:55
  Speaker 6: Now. Well, guys appreciate you coming on.
• 22:57
  Speaker 3: You've got any questions for my buddies here, shoot me
• 23:00
  Speaker 3: an email kl atcarrieluts dot com.
• 23:03
  Speaker 6: We will talk to you guys again. Be well.
• 23:05
  Speaker 2: Thank you brother, thanks for listening to Carrie Letz's Financial
• 23:09
  Speaker 2: Survival Network, your solution to today's trying times. For the latest,
• 23:14
  Speaker 2: go to Financial Survivalnetwork dot com. Financial Survival Network now
• 23:20
  Speaker 2: more than ever,