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Trump Shocks Markets Higher - Dale Smothers #6362 · Financial Survival Network

• 0:00
  Speaker 1: And to be honest with you, if you listen to
• 0:01
  Speaker 1: the World Economic Forum conversation, if only half of what
• 0:04
  Speaker 1: Donald Trump is projecting to come to pass, if it
• 0:07
  Speaker 1: actually comes to pass at only fifty percent of what
• 0:10
  Speaker 1: he's forecasting, you do not want to be on the
• 0:12
  Speaker 1: sidelines with the US economy that's coming over the next
• 0:15
  Speaker 1: couple of years.
• 0:17
  Speaker 2: He made mention and you might have heard him and again, rhetoric, right,
• 0:20
  Speaker 2: it's his Yeah, it's his way of speaking.
• 0:24
  Speaker 1: The dow I believe he mentioned or might have just been,
• 0:26
  Speaker 1: the market in general will double under his presidency.
• 0:29
  Speaker 2: Now again, if half of that happens. Wear in good shape.
• 0:33
  Speaker 3: You are listening to Carrie Let's's Financial Survival Network, where
• 0:37
  Speaker 3: you get valuable information you just can't find anywhere else
• 0:41
  Speaker 3: to thrive in today's trying times. You need the Financial
• 0:44
  Speaker 3: Survival Network now more than ever. Go to Financial Survivalnetwork
• 0:49
  Speaker 3: dot com and get your free newsletter and gift. Financial
• 0:53
  Speaker 3: Survival Network now more than ever.
• 1:00
  Speaker 4: And welcome you are listening to and watching the Financial
• 1:04
  Speaker 4: Survival Network. I'm your host, Carrie Lutz. Well, unbelievable times, man.
• 1:10
  Speaker 4: I am planning a trip to Greenland. I might have
• 1:13
  Speaker 4: to stay on a military base. But that's okay because
• 1:17
  Speaker 4: it'll be the good old USA, as one person called it,
• 1:22
  Speaker 4: green Tonamo. And I think that's where we're headed from
• 1:25
  Speaker 4: dal Smothers with us Dale, you know, like it's all
• 1:29
  Speaker 4: noise and distractions. I heard somebody say, and I couldn't
• 1:33
  Speaker 4: agree with it more. I think it was Scott Jennings,
• 1:36
  Speaker 4: the guy from CNN who's the only sane person there.
• 1:39
  Speaker 4: He said, with the people on the left, they take
• 1:45
  Speaker 4: Trump's words literally, but they don't take him seriously. People
• 1:50
  Speaker 4: on the right take his don't take him literally, but
• 1:57
  Speaker 4: do take him seriously. And you know, markets, they could
• 2:02
  Speaker 4: just get shaken so easily, especially when they're getting up
• 2:07
  Speaker 4: near new all time highs.
• 2:10
  Speaker 1: Yeah, I've never heard that before. That's that's an interesting
• 2:13
  Speaker 1: way to think through that. I think it's become Donald
• 2:16
  Speaker 1: Trump's m right carry this. This has put out the
• 2:19
  Speaker 1: extreme and work towards a middle. And clearly the ten
• 2:25
  Speaker 1: percent tariff followed bout twenty five percent tariff or you
• 2:27
  Speaker 1: know what, we might just come take Greenland. That type
• 2:30
  Speaker 1: of rhetoric was the extreme. It is going to result
• 2:33
  Speaker 1: in something that benefits America, no doubt. I think in
• 2:38
  Speaker 1: his plan. He's laid out that this is a big
• 2:40
  Speaker 1: piece of the Golden Dome, extending that Golden Dome over
• 2:43
  Speaker 1: the Arctic, And I mean, it all makes sense, and
• 2:45
  Speaker 1: it makes sense not only for Donald Trump, but it's
• 2:48
  Speaker 1: made sense for five presidents for very similar reasons.
• 2:52
  Speaker 4: Day it wants it, Yeah, everybody wants that God forsaken
• 2:55
  Speaker 4: the piece of ice and spice. Yeah.
• 2:57
  Speaker 1: And you know, and there are certainly very intelligent people
• 3:02
  Speaker 1: who are working on this. I'm confident, and there are
• 3:04
  Speaker 1: reasons for it. I don't think we've got to get
• 3:07
  Speaker 1: a need one thread together and start putting the fifty
• 3:10
  Speaker 1: first state on our flag anytime soon. But I do
• 3:14
  Speaker 1: think that this is going to benefit America in the
• 3:17
  Speaker 1: long run. And clearly the market has overreacted to the rhetoric,
• 3:23
  Speaker 1: and now that a deal is being discussed has come
• 3:26
  Speaker 1: back with a little bit of a rebound here onto
• 3:30
  Speaker 1: the twenty twenty six news cycle, which I think is
• 3:32
  Speaker 1: more AI than anything.
• 3:34
  Speaker 4: Yeah, yeah, oh sure, they stopped reporting a long time ago.
• 3:39
  Speaker 4: At least the artificial intelligence is definitely brighter than the
• 3:44
  Speaker 4: average reporter that's around these days.
• 3:47
  Speaker 2: You know, outsource AI, outsource the reporter. I love it.
• 3:51
  Speaker 4: Yeah, well it works, you know, like places like financial
• 3:57
  Speaker 4: reporting like on Yahoo and Google, and you know Bloomberg
• 4:02
  Speaker 4: that's been AI generated for years.
• 4:04
  Speaker 2: Oh certainly.
• 4:05
  Speaker 1: Yeah, and you can kind of see it if you
• 4:06
  Speaker 1: start looking across multiple platforms. Very similar language across those platforms.
• 4:12
  Speaker 4: Definitely, definitely. So what do you think we go in
• 4:17
  Speaker 4: for records now on the SMP.
• 4:20
  Speaker 2: I do, I really do?
• 4:21
  Speaker 1: I think the S and P five hundred, even the
• 4:23
  Speaker 1: Nasdaq on the back of the AI boom, is likely
• 4:28
  Speaker 1: to see all time highs very soon. And to be
• 4:30
  Speaker 1: honest with you, if you listen to the World Economic
• 4:33
  Speaker 1: Forum conversation, if only half of what Donald Trump is
• 4:36
  Speaker 1: projecting to come to pass, if it actually comes to pass,
• 4:39
  Speaker 1: it only fifty percent of what he's forecasting, you do
• 4:42
  Speaker 1: not want to be on the sidelines with the US
• 4:44
  Speaker 1: economy that's coming over the next couple of years. He
• 4:47
  Speaker 1: made mention and you might have heard him and again rhetoric, right.
• 4:50
  Speaker 2: It's his Yeah, it's his way of speaking.
• 4:54
  Speaker 1: The Dow I believe he mentioned or might have just
• 4:57
  Speaker 1: been the market in general will double under his presidency.
• 5:00
  Speaker 2: Now again, if half of that happens.
• 5:02
  Speaker 1: Wearing good shape, and I think a lot of that
• 5:05
  Speaker 1: is driven by the growth that we have.
• 5:08
  Speaker 2: He made mention that one of his.
• 5:10
  Speaker 1: Big filters for the FED is that if we see
• 5:15
  Speaker 1: record breaking GDP, we don't then all the all of
• 5:18
  Speaker 1: a sudden decide that we're going to raise interest rates,
• 5:21
  Speaker 1: which has kind of been the mo for several FED
• 5:23
  Speaker 1: chairs that raising interest rates in preparation for inflation.
• 5:27
  Speaker 2: That's not here.
• 5:28
  Speaker 1: He thinks we're going to grow ourselves out of a
• 5:31
  Speaker 1: national debt, this thirty what eight now trillion dollar national
• 5:35
  Speaker 1: debt and counting from his mouth, And obviously that's been
• 5:40
  Speaker 1: his goal from day one, and we talked about this
• 5:42
  Speaker 1: multiple times.
• 5:42
  Speaker 4: Garriy, Hey, so what about the facto that the precious
• 5:46
  Speaker 4: metals are hitting record highs even today, Silver hits a
• 5:50
  Speaker 4: new high, Gold pretty close to a new high. I
• 5:53
  Speaker 4: haven't looked at gold yet today, but silver is trading
• 5:57
  Speaker 4: near ninety six dollars. We're looking at one hundred dollars
• 6:00
  Speaker 4: silver here, Dell. Yeah.
• 6:01
  Speaker 1: You know, for for years, precious metals were always the
• 6:06
  Speaker 1: flight to safety, and clearly there is some of that
• 6:10
  Speaker 1: happening now.
• 6:11
  Speaker 2: We saw with Greenland's.
• 6:12
  Speaker 1: News come out on Monday Tuesday, silver was higher, Gold
• 6:16
  Speaker 1: was higher.
• 6:16
  Speaker 2: Coppers higher.
• 6:17
  Speaker 1: These precious metals and commodities are certainly still a flight
• 6:21
  Speaker 1: to safety. But one unique thing about silver is that
• 6:24
  Speaker 1: it has a conductivity of no other type of metal.
• 6:29
  Speaker 1: It's the highest sought after for AI in terms of conductivity.
• 6:34
  Speaker 1: Electronics needs silver, and AI is on the backs currently
• 6:39
  Speaker 1: of electronics and these processors that have to connect. And
• 6:42
  Speaker 1: you know, I'm getting over my skis here. I'm not
• 6:44
  Speaker 1: sure a computer engineer, but I do know that silver's
• 6:47
  Speaker 1: demand is driven by much more than just a flight
• 6:50
  Speaker 1: to safety. Gold going higher, silver going higher, I think
• 6:54
  Speaker 1: that also has a lot to do with global insecurity. Clearly,
• 6:59
  Speaker 1: is the dollar going to be the reserve currency of
• 7:03
  Speaker 1: the world. I don't think bitcoin quite yet has managed
• 7:06
  Speaker 1: to be a true currency for let's say, preserving capital.
• 7:13
  Speaker 1: It is a very good transfer of capital. Vehicle Shane sure,
• 7:20
  Speaker 1: absolutely a media of exchange. I love that idea, but honestly,
• 7:24
  Speaker 1: gold silver going higher for us is more of an
• 7:27
  Speaker 1: opportunity for those who maybe look for stability but still
• 7:30
  Speaker 1: want a growth story, at least in the short term.
• 7:33
  Speaker 1: I think both of those continue higher, and we want
• 7:35
  Speaker 1: to be a part of that as well. Here at
• 7:36
  Speaker 1: RDS Wealth.
• 7:38
  Speaker 4: Hey couldn't have said it better myself, Heredell, one hundred
• 7:43
  Speaker 4: dollars silver right around the corner. And yes, it's it's
• 7:48
  Speaker 4: a confidence play in the dollar, just like gold is.
• 7:52
  Speaker 4: But it's also a commodity shortage play because the wh
• 8:00
  Speaker 4: do you believe that silver has been kept artificially lowered
• 8:04
  Speaker 4: by certain players in the market or not. The fact
• 8:08
  Speaker 4: is that for much of the past several decades, the
• 8:13
  Speaker 4: cost of production exceeded the cost of or the amount
• 8:20
  Speaker 4: that you could earn proounce, and therefore it became strictly
• 8:23
  Speaker 4: a byproduct. A lot of the pure silver minds long
• 8:27
  Speaker 4: since shut down. I was at one in Nevada. So
• 8:31
  Speaker 4: you got three things spurring it on. You have increased demand,
• 8:36
  Speaker 4: you have shortages, and you have monetary confidence.
• 8:43
  Speaker 2: Which causes more demand.
• 8:44
  Speaker 4: Yeah, so exactly, but real demand for real products. I think,
• 8:52
  Speaker 4: honestly my own opinion, Dell, and you're the guest, you're
• 8:55
  Speaker 4: the expert. I think we will reach an emergency with silver,
• 9:00
  Speaker 4: and basically I don't know that we'll call it silver confiscation,
• 9:06
  Speaker 4: but the government will have to go door to door
• 9:09
  Speaker 4: to get people was collectible silver. And I think it's
• 9:14
  Speaker 4: going to multi hundred dollars per ounce.
• 9:16
  Speaker 1: Yeah, you know, the price point that you put there,
• 9:20
  Speaker 1: I definitely agree with. You'd hate to imagine confiscation, but
• 9:24
  Speaker 1: definitely these silver traders that have collectible silver, you know,
• 9:30
  Speaker 1: no longer are you quote unquote trading the coin as
• 9:34
  Speaker 1: much as you're trading the actual commodity itself, which hasn't
• 9:37
  Speaker 1: been the case. Just like you mentioned, I mean, silver
• 9:40
  Speaker 1: has had an unbelievable run up, and we've been able
• 9:44
  Speaker 1: to take part of that for a lot of our clients.
• 9:48
  Speaker 1: Gold is gold, the true reserve capital, if you will.
• 9:53
  Speaker 1: It's got an intrinsic value. I think it's clearly behind
• 9:57
  Speaker 1: the US dollar, the second largest reserve of capital. There's
• 10:01
  Speaker 1: a lot of things shaken out too with I mean Greenland.
• 10:04
  Speaker 1: Going all the way back here full circle, Greenland is
• 10:06
  Speaker 1: probably bigger piece of the story.
• 10:08
  Speaker 2: Than that, I realize.
• 10:09
  Speaker 1: Certainly you may you may be well read on it,
• 10:12
  Speaker 1: but but Russia's dominance and China's partnership with Russia should
• 10:17
  Speaker 1: scare us in the form of does the US dollar
• 10:22
  Speaker 1: maintain it's its reserve capital of the world, because that
• 10:25
  Speaker 1: is the hingepin that all of this rest on getting
• 10:29
  Speaker 1: back to.
• 10:30
  Speaker 2: A gold standard. I don't.
• 10:31
  Speaker 1: I don't know how in the world you'd ever do it,
• 10:33
  Speaker 1: but it wouldn't probably be a bad thing for Americans. Yeah,
• 10:37
  Speaker 1: it's a it's a challenging, challenging proposition there and uh
• 10:41
  Speaker 1: it unfortunately, what is it? History repeats itself certainly if
• 10:46
  Speaker 1: you don't yeah in a rhymes, Yeah, there you go.
• 10:48
  Speaker 2: I like that, Mark, I.
• 10:49
  Speaker 1: Think I think we've got uh yeah, give credit. Right,
• 10:53
  Speaker 1: We've got this dichotomy. And it's and it's communism socialism.
• 10:59
  Speaker 1: You know, some may say that's even invaded our shores
• 11:03
  Speaker 1: here uh in in New York City, this this communism
• 11:08
  Speaker 1: socialism approach to to global uh security in their mind
• 11:14
  Speaker 1: versus capitalism and free markets.
• 11:16
  Speaker 2: And and they're starting to merge.
• 11:18
  Speaker 1: Certainly, you know, even even our current administration some things
• 11:23
  Speaker 1: somewhat socialistic in in in some sense, you know, twenty
• 11:27
  Speaker 1: years ago it would have been a socialistic playbook that
• 11:29
  Speaker 1: we're playing here in some areas. But the real I
• 11:33
  Speaker 1: think the real challenge is where does the world where
• 11:36
  Speaker 1: does Europe fall?
• 11:37
  Speaker 2: Uh?
• 11:38
  Speaker 1: Do they do they want to get in bed with
• 11:40
  Speaker 1: that communistic agenda or do they stay true to the
• 11:44
  Speaker 1: American West and uh and and capitalism, which clearly comes
• 11:49
  Speaker 1: with democracy and republic type of government. It's playing out
• 11:54
  Speaker 1: right now, real time totally, you know or believe it?
• 11:59
  Speaker 4: Yeah, yeah, I think a lot of things going on
• 12:03
  Speaker 4: now and where it's going to be, where it's going
• 12:06
  Speaker 4: to end up, I don't know the answer to it,
• 12:09
  Speaker 4: but certainly the trends are inescapable here and well, when
• 12:16
  Speaker 4: the dollar goes it's not going to be because people
• 12:19
  Speaker 4: want an alternative. It's going to be because they have
• 12:23
  Speaker 4: to have an alternative because the dollar becomes too unreliable.
• 12:28
  Speaker 1: Sure, sure, and you know, to back up here, I'm
• 12:33
  Speaker 1: I'm certainly not a doomsday prepper, but you've got to
• 12:37
  Speaker 1: see that as a as a potential.
• 12:40
  Speaker 2: It's a possibility. But what we've.
• 12:43
  Speaker 1: Seen in this current administration to strengthen America, to erase globalism,
• 12:48
  Speaker 1: because that's where we were headed, to erase this one
• 12:52
  Speaker 1: world currency, one world government, one world it's all. It's
• 12:56
  Speaker 1: all been in preparation really since.
• 12:59
  Speaker 2: The late night you know.
• 13:02
  Speaker 1: You've got you've got this president now that says scratch
• 13:05
  Speaker 1: all that we want to be self sufficient, we want
• 13:08
  Speaker 1: to we could theoretically build a wall around America and
• 13:11
  Speaker 1: be okay and that scares the rest of the world
• 13:13
  Speaker 1: to debt because if we truly start paying down our
• 13:16
  Speaker 1: national debt, and this is just a speculation here, if
• 13:18
  Speaker 1: we can actually start paying down our national debt and
• 13:21
  Speaker 1: and we can become you know, essentially we're currently hopefully
• 13:25
  Speaker 1: living in the next American economic revolution, and if that
• 13:29
  Speaker 1: becomes the reality, I think that the global dominance of
• 13:33
  Speaker 1: the dollar continues for decades to come. So so that
• 13:37
  Speaker 1: is the hope, is that we're at this crossroads and
• 13:40
  Speaker 1: that the dollar becomes relevant again because of an American
• 13:44
  Speaker 1: first agenda and bringing home things that we depend on,
• 13:48
  Speaker 1: uh solely, that would be our objective I think as
• 13:51
  Speaker 1: a country now, and unfortunately it's not been that for
• 13:54
  Speaker 1: the last twenty years. It's four year blip there, and
• 13:58
  Speaker 1: I won't tell you who the president was during that time.
• 14:01
  Speaker 4: Yeah, we've had a lot of blips over the years,
• 14:04
  Speaker 4: that's for sure. So, Dell, when we do our road
• 14:08
  Speaker 4: post twenty twenty six wrap up next January in twenty
• 14:13
  Speaker 4: twenty seven, what do you think we'll be seeing.
• 14:16
  Speaker 1: I think you're going to see the AI story for
• 14:19
  Speaker 1: markets specifically, I think you're going to see the AI
• 14:22
  Speaker 1: story be a little bit more clear on what can
• 14:26
  Speaker 1: and can't become profitable for companies. This is going to
• 14:29
  Speaker 1: create a winner.
• 14:31
  Speaker 2: And loser column.
• 14:32
  Speaker 1: Companies that have built out and expanded data centers that
• 14:37
  Speaker 1: maybe are struggling to become profitable. They're going to be
• 14:42
  Speaker 1: the pets dot Com of the nineteen nineties. Right. You're
• 14:46
  Speaker 1: going to have some significant winners though, and I think
• 14:49
  Speaker 1: for the clients that we work with, Carrie, you know,
• 14:53
  Speaker 1: we're not as much looking for the next let's say Microsoft,
• 14:57
  Speaker 1: if we go back to the nineties, because the current
• 15:00
  Speaker 1: Microsoft is going to benefit from the next Microsoft as well,
• 15:04
  Speaker 1: and there's going to be room for multiple winners in
• 15:07
  Speaker 1: the AI race. AI will change the world. It's already
• 15:09
  Speaker 1: change the world. It's here to stay. Quantum computing is
• 15:12
  Speaker 1: the next story wrapping up twenty twenty six. If we
• 15:15
  Speaker 1: go into this futuristic time machine and go into say
• 15:18
  Speaker 1: we're setting in January twenty seven, I think that we've
• 15:21
  Speaker 1: started to see a move towards quantum computing, maybe a
• 15:24
  Speaker 1: little more than we.
• 15:25
  Speaker 2: Have in the past.
• 15:26
  Speaker 1: We've had some pretty incredible IPOs. Let's speculate a little
• 15:30
  Speaker 1: bit with SpaceX. That would be nice if that happened
• 15:33
  Speaker 1: in twenty twenty six, maybe some nice IPOs with big,
• 15:37
  Speaker 1: large companies that we can now invest in, which gives
• 15:40
  Speaker 1: more opportunity. I think gold and silver continues higher. I
• 15:44
  Speaker 1: think we're into now the third year of a Trump
• 15:46
  Speaker 1: agenda which has put America first. Productivity is at all
• 15:49
  Speaker 1: time highs. That is a little bit of a challenge
• 15:52
  Speaker 1: to the labor market though, carry I mean the reality
• 15:54
  Speaker 1: is the more productive of worker becomes, the less workers
• 15:57
  Speaker 1: you need. So what does that mean for labor? That's
• 16:01
  Speaker 1: the big piece. We've seen lower interest rates most likely
• 16:04
  Speaker 1: in twenty twenty six because we've got a fed chair
• 16:07
  Speaker 1: that is determined to get to what he deems to
• 16:09
  Speaker 1: be neutral speculation here. I think that's about one hundred
• 16:13
  Speaker 1: points lower than where we are today, and the market
• 16:15
  Speaker 1: reacts favorably to that. So a lot of potential and optimism,
• 16:20
  Speaker 1: but be diligent as an investor. We have to be
• 16:23
  Speaker 1: disciplined and take advantage of opportunities when they present, but
• 16:26
  Speaker 1: don't go all in uh with money you need tomorrow.
• 16:30
  Speaker 4: Couldn't agree with you more very wise words, Dell, how
• 16:34
  Speaker 4: do we find you? How do we connect with you?
• 16:36
  Speaker 2: On the web?
• 16:38
  Speaker 1: So Rdswealth dot Com is the name of our firm.
• 16:40
  Speaker 1: You can go to art excuse me, the name RDS
• 16:43
  Speaker 1: Wealth is our website. Our dswealth dot com is our website.
• 16:46
  Speaker 2: Forgive me Gary.
• 16:47
  Speaker 1: Our first name, Rdsmother's Wealth Management's our firm name Rdswealth
• 16:52
  Speaker 1: dot com.
• 16:53
  Speaker 2: Go there.
• 16:54
  Speaker 1: Set up a time to chat with us. If you
• 16:56
  Speaker 1: have any questions, you can set up a time that's
• 16:57
  Speaker 1: convenient for you. You can find out our podcast, The
• 17:01
  Speaker 1: Retirement Matters Show by going to the podcast streaming service
• 17:05
  Speaker 1: of your choice. We're big fans of your show, Carrie
• 17:08
  Speaker 1: and just appreciate you having us on.
• 17:10
  Speaker 2: Get in a chat with your listeners as well.
• 17:12
  Speaker 4: My pleasure. Great to have you back on. Happy New Year, healthy,
• 17:15
  Speaker 4: prosperous to you. If you've got a question for Dale myself,
• 17:19
  Speaker 4: shoot me an email Klatcarrie LUTs dot com.
• 17:23
  Speaker 2: Dale.
• 17:23
  Speaker 4: We'll talk to you again real soon.
• 17:24
  Speaker 2: Be well, talk real soon.
• 17:25
  Speaker 3: Thank you, sir, Thanks for listening to Carrie Letz's Financial
• 17:29
  Speaker 3: Survival Network, your solution to today's trying times. For the latest,
• 17:34
  Speaker 3: go to Financial Survivalnetwork dot com. Financial Survival Network now
• 17:40
  Speaker 3: more than ever