1 00:00:00,400 --> 00:00:02,920 Speaker 1: The Federal Reserve just dropped the bomb on the markets, 2 00:00:02,960 --> 00:00:06,240 Speaker 1: and the fallout's brutal stocks tumbling, bitcoins in a free fall, 3 00:00:06,400 --> 00:00:07,240 Speaker 1: Gold's tanking. 4 00:00:07,640 --> 00:00:09,400 Speaker 2: The question is, though, should you be. 5 00:00:09,360 --> 00:00:12,160 Speaker 1: Panicking or is this a chance of a lifetime. Well, 6 00:00:12,320 --> 00:00:15,520 Speaker 1: here's what Powell didn't say out loud. His comments are 7 00:00:15,520 --> 00:00:18,880 Speaker 1: a warning shot at the incoming administration. But what if 8 00:00:18,920 --> 00:00:21,639 Speaker 1: the market's are wrong? What if Trump's focus on growth 9 00:00:21,800 --> 00:00:25,079 Speaker 1: and his powerhouse team are about to create massive rebound? 10 00:00:25,120 --> 00:00:28,240 Speaker 1: And more importantly, how can you take advantage of this panic? 11 00:00:28,320 --> 00:00:30,200 Speaker 1: So in this video, I want to break down what 12 00:00:30,280 --> 00:00:33,320 Speaker 1: Powell said, why the markets are freaking out, and the 13 00:00:33,400 --> 00:00:35,839 Speaker 1: smart moves that you could make right now to turn this. 14 00:00:35,880 --> 00:00:38,560 Speaker 2: Chaos into opportunity. Now, my name is Mark Moss. 15 00:00:38,640 --> 00:00:42,040 Speaker 1: I've built and invested businesses now through three boom bus markets, 16 00:00:42,240 --> 00:00:44,560 Speaker 1: exiting two of them for high value. I'm a partner 17 00:00:44,600 --> 00:00:47,560 Speaker 1: at a leading venture capital tech fund, and I've coached 18 00:00:47,600 --> 00:00:50,560 Speaker 1: thousands of people on leveraging these strategies to build wealth 19 00:00:50,720 --> 00:00:51,599 Speaker 1: and time freedom. 20 00:00:52,040 --> 00:00:52,639 Speaker 2: So let's go. 21 00:00:54,600 --> 00:00:56,640 Speaker 1: All right, We're gonna jump right in here and we're 22 00:00:56,640 --> 00:00:58,040 Speaker 1: gonna go right to the source. 23 00:00:58,080 --> 00:00:59,280 Speaker 2: Now I say this all the time. 24 00:00:59,160 --> 00:01:01,680 Speaker 1: Like go to THEO, read the book, watch the video, 25 00:01:01,880 --> 00:01:05,119 Speaker 1: listen to what they said. Not everything is always about 26 00:01:05,160 --> 00:01:07,560 Speaker 1: the data. A lot of times there's about the sentiment, 27 00:01:07,720 --> 00:01:08,720 Speaker 1: the tone. 28 00:01:08,760 --> 00:01:09,360 Speaker 2: Things like that. 29 00:01:09,440 --> 00:01:12,280 Speaker 1: So what did Jerome Powell say at the last FED 30 00:01:12,319 --> 00:01:15,800 Speaker 1: meeting that completely spooked the markets and got a downturn 31 00:01:15,920 --> 00:01:18,800 Speaker 1: in Like I said, gold, bitcoin, silver s and pfved 32 00:01:18,880 --> 00:01:19,520 Speaker 1: and everything. 33 00:01:19,800 --> 00:01:23,120 Speaker 2: Well, let's go to a couple quotes that he said 34 00:01:23,440 --> 00:01:24,000 Speaker 2: that give. 35 00:01:23,920 --> 00:01:26,760 Speaker 1: Us the insight that I think shows whether we should 36 00:01:26,800 --> 00:01:29,039 Speaker 1: be scared or we should get back in. Okay, So 37 00:01:29,120 --> 00:01:31,399 Speaker 1: a couple things that he said. Let's jump to a 38 00:01:31,400 --> 00:01:31,920 Speaker 1: couple of things. 39 00:01:32,000 --> 00:01:32,200 Speaker 2: Now. 40 00:01:32,720 --> 00:01:35,800 Speaker 1: He told the markets that things were not going to 41 00:01:35,840 --> 00:01:38,080 Speaker 1: be as they expected to be, So a lot of 42 00:01:38,080 --> 00:01:40,480 Speaker 1: investors got scared. Right, we were expecting a bunch of 43 00:01:40,560 --> 00:01:42,720 Speaker 1: rate cuts next year in the FED to go into 44 00:01:42,720 --> 00:01:45,640 Speaker 1: this massive easing cycle, and he sort. 45 00:01:45,440 --> 00:01:47,520 Speaker 2: Of pulled the rug out from everybody. So a couple 46 00:01:47,600 --> 00:01:48,720 Speaker 2: things that he said right here. 47 00:01:48,920 --> 00:01:51,480 Speaker 1: First, he said, the sense of what wording is to 48 00:01:51,520 --> 00:01:54,720 Speaker 1: make clear that if the economy does evolve as anticipated, 49 00:01:55,400 --> 00:01:57,920 Speaker 1: it would be appropriate to slow the pace of rate cuts. 50 00:01:58,000 --> 00:02:00,720 Speaker 1: So again, the markets are priced in zeveral rate cuts 51 00:02:00,720 --> 00:02:03,280 Speaker 1: into twenty twenty five and he's saying, well, we may 52 00:02:03,320 --> 00:02:05,800 Speaker 1: not do those, We're probably gonna slow that back down. 53 00:02:06,400 --> 00:02:06,600 Speaker 2: Hmm. 54 00:02:06,880 --> 00:02:11,160 Speaker 1: Okay, well, we were expecting this easying cycle, this regime change, 55 00:02:11,680 --> 00:02:13,200 Speaker 1: We're expecting. 56 00:02:12,840 --> 00:02:14,160 Speaker 2: Risk assets to go higher. 57 00:02:14,280 --> 00:02:16,640 Speaker 1: But now he tells us that's not gonna happen. Okay, 58 00:02:16,800 --> 00:02:19,320 Speaker 1: Marcus didn't like that. He went on to say, so 59 00:02:19,360 --> 00:02:21,080 Speaker 1: then you have to kind of keep going. What is 60 00:02:21,120 --> 00:02:24,919 Speaker 1: the reasoning behind that? Well, he said, here, we are 61 00:02:24,960 --> 00:02:27,480 Speaker 1: not on a preset course. So you may think the 62 00:02:27,520 --> 00:02:29,320 Speaker 1: dot PLoP, that's what they call it, the dot PLoP 63 00:02:29,400 --> 00:02:31,200 Speaker 1: lays out what we're expected to do next year, but 64 00:02:31,240 --> 00:02:31,560 Speaker 1: we're not. 65 00:02:31,720 --> 00:02:33,480 Speaker 2: It's not a preset We're just gonna do whatever we 66 00:02:33,480 --> 00:02:33,840 Speaker 2: feel like. 67 00:02:33,960 --> 00:02:37,240 Speaker 1: It's kind of what he's saying, we will assess incoming data. 68 00:02:37,320 --> 00:02:40,840 Speaker 1: I mean, honestly, that's not a bad quote. They should 69 00:02:40,919 --> 00:02:43,480 Speaker 1: obviously look at the oncoming data. They shouldn't just be 70 00:02:43,520 --> 00:02:46,160 Speaker 1: on a predetermined course. Of course, that makes sense. However, 71 00:02:46,400 --> 00:02:48,839 Speaker 1: like I said, he was saying that specifically to tell 72 00:02:48,880 --> 00:02:50,840 Speaker 1: everybody in the market, like, hey, you think you know 73 00:02:50,919 --> 00:02:54,360 Speaker 1: what's happening, but you don't. We may decide to change. Okay, 74 00:02:54,480 --> 00:02:57,160 Speaker 1: So what do those mean? Well, we have to dig 75 00:02:57,200 --> 00:02:58,880 Speaker 1: in deeper and listen to the rest of it to 76 00:02:59,000 --> 00:03:02,239 Speaker 1: understand why he's actually saying these things. And this is 77 00:03:02,280 --> 00:03:04,760 Speaker 1: where you can decide if he's right or wrong, and 78 00:03:04,800 --> 00:03:06,760 Speaker 1: you can place your bets accordingly. I'll tell you what 79 00:03:06,800 --> 00:03:09,440 Speaker 1: I'm doing. Okay, So now we get to the next quote. 80 00:03:09,440 --> 00:03:13,160 Speaker 1: And here's where things started to change. In my opinion, 81 00:03:13,400 --> 00:03:17,480 Speaker 1: these were basically underhand or stab in the back jabs 82 00:03:17,520 --> 00:03:22,240 Speaker 1: to the incoming Trump presidential administration. So a couple of things, 83 00:03:22,520 --> 00:03:26,040 Speaker 1: some FOMC so the FED boards, these the participants that 84 00:03:26,040 --> 00:03:26,680 Speaker 1: I'll vote on this. 85 00:03:26,840 --> 00:03:28,320 Speaker 2: Some of the participants. 86 00:03:28,120 --> 00:03:32,120 Speaker 1: Did take They did take a very preliminary step, meaning 87 00:03:32,160 --> 00:03:34,040 Speaker 1: they were moving before they should have. What was the 88 00:03:34,080 --> 00:03:37,000 Speaker 1: preliminary step, Well, they started to do estimates of the 89 00:03:37,040 --> 00:03:41,720 Speaker 1: economic effects of policies, what policies of the incoming regime, 90 00:03:41,800 --> 00:03:45,600 Speaker 1: the incoming administration policies into their forecast at this meeting. 91 00:03:45,920 --> 00:03:50,080 Speaker 2: So some of the participants they don't going to do this, said, well, you. 92 00:03:50,040 --> 00:03:52,280 Speaker 1: Know what, I don't know if I like these policies 93 00:03:52,320 --> 00:03:55,640 Speaker 1: that the Trump administration could bring in, and I think 94 00:03:55,680 --> 00:03:57,440 Speaker 1: that I'm going to change what I want to do 95 00:03:57,520 --> 00:04:00,320 Speaker 1: based off of what I think they could potentially do 96 00:04:00,720 --> 00:04:03,360 Speaker 1: pretty interesting, So not so on one hand, he said, 97 00:04:03,360 --> 00:04:05,680 Speaker 1: we don't have a preset course, We're going to take data. 98 00:04:05,560 --> 00:04:06,120 Speaker 2: As it comes. 99 00:04:06,240 --> 00:04:08,000 Speaker 1: But on the other hand, he's saying, well, a lot 100 00:04:08,040 --> 00:04:11,840 Speaker 1: of people actually did make their expectations and their estimates 101 00:04:11,960 --> 00:04:13,600 Speaker 1: based off of what they think is going to happen, 102 00:04:13,760 --> 00:04:15,600 Speaker 1: so sort of interesting. But what if they think is 103 00:04:15,640 --> 00:04:17,840 Speaker 1: going to happen, they think it's going to be bad, 104 00:04:18,040 --> 00:04:18,839 Speaker 1: things can be good. 105 00:04:19,000 --> 00:04:23,240 Speaker 2: Well, let's dig in. What else did he say? He said, here, we. 106 00:04:23,200 --> 00:04:27,560 Speaker 1: Don't know what will be what'll be tariffed from what countries. 107 00:04:27,800 --> 00:04:30,120 Speaker 1: So you know, Trump's been talking about, you know, tariffs 108 00:04:30,160 --> 00:04:32,880 Speaker 1: on China like he did in his previous election our administration. 109 00:04:32,960 --> 00:04:34,640 Speaker 1: He talked about you one hundred percent tariffs on the 110 00:04:34,680 --> 00:04:36,919 Speaker 1: bricks nations, things like that. We don't know what'll be 111 00:04:36,960 --> 00:04:39,560 Speaker 1: tariff from what countries, we don't know for how long, 112 00:04:39,839 --> 00:04:42,320 Speaker 1: we don't know what size, we don't know whether there 113 00:04:42,320 --> 00:04:45,920 Speaker 1: will be retaliatory tariffs. So now he's like, man, Trump 114 00:04:45,960 --> 00:04:47,559 Speaker 1: could cause like all hell to break loose. 115 00:04:47,839 --> 00:04:49,960 Speaker 2: We heard that before. He's going to call cause World 116 00:04:49,960 --> 00:04:50,320 Speaker 2: War III. 117 00:04:51,440 --> 00:04:53,920 Speaker 1: Not that he's a deal maker, he'll probably make everybody 118 00:04:54,000 --> 00:04:57,000 Speaker 1: upset and there will be all types of retaliatory tariffs. 119 00:04:57,000 --> 00:04:58,960 Speaker 1: He says, we don't know what the transmission of that 120 00:04:59,040 --> 00:05:01,240 Speaker 1: will be too consumer prices. 121 00:05:01,480 --> 00:05:03,840 Speaker 2: So if this teriff war kicks. 122 00:05:03,640 --> 00:05:06,440 Speaker 1: Off and Trump is tariff and they're tariffing and there's retaliatory, 123 00:05:06,680 --> 00:05:08,000 Speaker 1: that could push prices up. 124 00:05:08,520 --> 00:05:12,040 Speaker 2: Yeah, it could. The question is is Trump and idiot? 125 00:05:12,080 --> 00:05:12,800 Speaker 2: Does he not know that? 126 00:05:12,960 --> 00:05:15,560 Speaker 1: Or is he the art of the deal literally wrote 127 00:05:15,560 --> 00:05:17,839 Speaker 1: the book on it, and he does understand this, and 128 00:05:17,880 --> 00:05:20,800 Speaker 1: he would be doing it to have better economic conditions. 129 00:05:20,920 --> 00:05:23,800 Speaker 1: So what Powell is saying is like, hey, you know, 130 00:05:24,360 --> 00:05:26,719 Speaker 1: we've done pretty good. We got thirty seven chillion dollars 131 00:05:26,720 --> 00:05:29,279 Speaker 1: in debt. You know, me, Powell, the leaders in Congress, 132 00:05:29,320 --> 00:05:30,840 Speaker 1: the House, we're all super rich. 133 00:05:31,200 --> 00:05:32,159 Speaker 2: Like we're doing really well. 134 00:05:32,200 --> 00:05:35,040 Speaker 1: We don't need a new administration coming in and wrecking 135 00:05:35,040 --> 00:05:37,599 Speaker 1: this for us. We don't need them to get the 136 00:05:37,640 --> 00:05:40,080 Speaker 1: business the government back on track and get the deficit. 137 00:05:40,080 --> 00:05:41,919 Speaker 2: We don't need that. Like we're doing great, we're all 138 00:05:41,960 --> 00:05:43,480 Speaker 2: getting rich here. Let's just keep that going. 139 00:05:44,040 --> 00:05:46,520 Speaker 1: He went on to say, this does seem similar to 140 00:05:46,560 --> 00:05:49,720 Speaker 1: the dynamic in twenty sixteen Trump's first election, during the 141 00:05:49,800 --> 00:05:52,880 Speaker 1: last transition to a Trump administration, where the committee saw 142 00:05:52,960 --> 00:05:57,719 Speaker 1: slightly tighter policy and anticipation of the fiscal policy stance. 143 00:05:58,000 --> 00:05:59,960 Speaker 1: So he said sort of like, well, last time, if 144 00:06:00,000 --> 00:06:02,400 Speaker 1: you remember what happened when Trump took office for last 145 00:06:02,440 --> 00:06:04,919 Speaker 1: time with the steel Dassia and all of that, and 146 00:06:04,920 --> 00:06:07,240 Speaker 1: I won't go into that here on YouTube, but we 147 00:06:07,279 --> 00:06:10,760 Speaker 1: saw the same thing in anticipation of the fiscal policy stance. 148 00:06:10,839 --> 00:06:12,360 Speaker 2: Now we know that the economy. 149 00:06:12,000 --> 00:06:14,640 Speaker 1: Did really well under the first administration. We know that 150 00:06:14,680 --> 00:06:17,440 Speaker 1: he said he would repeal to regulations for every morning 151 00:06:17,440 --> 00:06:19,280 Speaker 1: and got two point five out, so it did pretty good. 152 00:06:19,320 --> 00:06:22,120 Speaker 1: Now again Powell said, hey, we're all doing really well. 153 00:06:22,360 --> 00:06:23,280 Speaker 1: We don't need even to come in. 154 00:06:23,320 --> 00:06:27,080 Speaker 2: But listen, same old, same ole. It doesn't matter if it's. 155 00:06:26,960 --> 00:06:30,640 Speaker 1: Trump or if it's Biden, or if it was Kamala 156 00:06:30,760 --> 00:06:34,120 Speaker 1: or going back to whatever president. We have the same 157 00:06:34,320 --> 00:06:36,120 Speaker 1: set of problems. Let me show you what those are, 158 00:06:36,200 --> 00:06:36,920 Speaker 1: same old samle. 159 00:06:37,200 --> 00:06:37,680 Speaker 2: Number one. 160 00:06:37,800 --> 00:06:40,360 Speaker 1: This is from the Congressional Budget Office, the CBO list 161 00:06:40,400 --> 00:06:43,200 Speaker 1: of the government. Number one projected here we are right here, 162 00:06:43,520 --> 00:06:49,200 Speaker 1: projected population decline. The amount of people being born is collapsing. 163 00:06:49,360 --> 00:06:52,760 Speaker 1: The problem when you don't have as many people is 164 00:06:52,760 --> 00:06:55,880 Speaker 1: you don't have as many as much economic growth, and 165 00:06:55,960 --> 00:06:58,280 Speaker 1: without as much economic growth, you don't have as much 166 00:06:58,360 --> 00:07:01,240 Speaker 1: GDP or gross domestic product. Without as much GDP, how 167 00:07:01,279 --> 00:07:03,080 Speaker 1: do you pay the taxes and all the other things. 168 00:07:03,320 --> 00:07:06,560 Speaker 2: And per the CBO, they project the GDP. 169 00:07:06,360 --> 00:07:10,960 Speaker 1: To continue to plummet, So population declines, GDP goes down. 170 00:07:11,120 --> 00:07:14,000 Speaker 1: Obviously we know that that's how it works. So then 171 00:07:14,200 --> 00:07:17,440 Speaker 1: again per the CBO, this is where we're at right here, 172 00:07:17,760 --> 00:07:20,000 Speaker 1: they project the deficit. 173 00:07:20,000 --> 00:07:21,920 Speaker 2: The amount of excess debt the government has to take 174 00:07:21,960 --> 00:07:23,040 Speaker 2: on to keep the bills paid. 175 00:07:23,280 --> 00:07:26,920 Speaker 1: They project the deficit to continue to climb. Of course, 176 00:07:27,280 --> 00:07:31,480 Speaker 1: population goes down, GDP goes down, deficit spending. 177 00:07:31,200 --> 00:07:31,880 Speaker 2: Has to go up. 178 00:07:32,080 --> 00:07:34,600 Speaker 1: But how do we afford all that deficit spending? 179 00:07:35,280 --> 00:07:36,400 Speaker 2: Here's where we're at right here. 180 00:07:36,520 --> 00:07:40,160 Speaker 1: Well, of course the debt has to skyrocket. So regardless 181 00:07:40,200 --> 00:07:43,000 Speaker 1: of who's president, this is the same old, same old. 182 00:07:43,160 --> 00:07:45,280 Speaker 2: It's going to happen either way. Now. 183 00:07:45,520 --> 00:07:47,360 Speaker 1: The also, the other thing I would take int account 184 00:07:47,440 --> 00:07:49,640 Speaker 1: is he thinks that per the comments, we don't know 185 00:07:49,680 --> 00:07:51,880 Speaker 1: this is going to kick off a retaliatory terrapor Well, 186 00:07:52,000 --> 00:07:54,760 Speaker 1: that assumes it's not Trump and the art of the deal, 187 00:07:55,040 --> 00:07:57,080 Speaker 1: that assumes that all hell breaks loose but will it 188 00:07:57,120 --> 00:08:00,520 Speaker 1: really place your bets? Accordingly, a small busin business owner, 189 00:08:00,720 --> 00:08:03,480 Speaker 1: are you buried in all types of work keeping you 190 00:08:03,520 --> 00:08:06,120 Speaker 1: from the real thing that makes you money? Well that's 191 00:08:06,120 --> 00:08:08,120 Speaker 1: where just Works comes in. They're the all in one 192 00:08:08,160 --> 00:08:11,480 Speaker 1: platform that supports small business growth. You can get all 193 00:08:11,560 --> 00:08:14,760 Speaker 1: their tools that help with benefits like payroll and HR 194 00:08:14,880 --> 00:08:18,920 Speaker 1: and compliance with transparent pricing. Now they help you hire 195 00:08:18,960 --> 00:08:23,640 Speaker 1: top talent internationally, internew markets, quickly scale international operations without 196 00:08:23,640 --> 00:08:25,880 Speaker 1: the workload, and for every how. 197 00:08:25,720 --> 00:08:26,720 Speaker 2: Do I do it? Question? 198 00:08:26,880 --> 00:08:29,240 Speaker 1: You can reach out to their expert staff from sole 199 00:08:29,320 --> 00:08:33,200 Speaker 1: proprietor or a team of twenty. Just Works empowers all 200 00:08:33,280 --> 00:08:37,040 Speaker 1: kinds of small businesses with real human support. So visit 201 00:08:37,240 --> 00:08:40,800 Speaker 1: Justworks dot com slash podcast to join the thousands of 202 00:08:40,800 --> 00:08:44,760 Speaker 1: small businesses that trust Just Works to take care of payroll, benefits, 203 00:08:44,880 --> 00:08:49,640 Speaker 1: compliance and more. Again that's Justworks dot com slash podcast. 204 00:08:51,000 --> 00:08:52,760 Speaker 2: We have the dream team, so to speak. 205 00:08:52,800 --> 00:08:55,439 Speaker 1: I mean, Trump is arguably the biggest real estate tycoon 206 00:08:55,480 --> 00:08:56,920 Speaker 1: in the world. He's not just some. 207 00:08:57,080 --> 00:08:59,679 Speaker 2: Slap right biggest real estate taccoon. 208 00:08:59,280 --> 00:09:02,480 Speaker 1: But who is He brought on Scott Bissan. He has 209 00:09:02,520 --> 00:09:05,040 Speaker 1: this three point economic plan that seems very promising. 210 00:09:05,640 --> 00:09:08,160 Speaker 2: He's one of the largest hedge fund managers in the world. 211 00:09:08,240 --> 00:09:10,480 Speaker 1: He worked for the Soros Group, one of the biggest 212 00:09:10,520 --> 00:09:13,240 Speaker 1: most successful hedge funds. He launched his own fund, Superccessful. 213 00:09:13,320 --> 00:09:17,040 Speaker 1: He's coming on as the Treasury Secretary. Janet Yellen has 214 00:09:17,080 --> 00:09:20,160 Speaker 1: been in some form of the government, Treasury, Fed, etc. 215 00:09:20,520 --> 00:09:23,280 Speaker 1: For decades and look where that's gotten us. So I 216 00:09:23,320 --> 00:09:25,760 Speaker 1: think this looks pretty good. Howard Letnik, he's the CEO 217 00:09:25,800 --> 00:09:29,160 Speaker 1: of Cantor Fitzgerald. They're bringing down a Secretary of Commerce 218 00:09:29,360 --> 00:09:31,400 Speaker 1: again and another very strong candidate. Of course, we have 219 00:09:31,640 --> 00:09:35,679 Speaker 1: Elon Musk, arguably the best entrepreneur of our lifetime, multiple 220 00:09:35,679 --> 00:09:39,480 Speaker 1: billion dollar companies, Vivia Gramaswami again super smart leading up 221 00:09:39,520 --> 00:09:42,480 Speaker 1: the Dodge, trying to like really bring government spending back 222 00:09:42,480 --> 00:09:45,719 Speaker 1: into accountability. So all of those things seem very promising. 223 00:09:46,000 --> 00:09:48,440 Speaker 1: So is all hell going to break loose like Powell 224 00:09:48,440 --> 00:09:51,160 Speaker 1: and the Fed says, or do we think things will 225 00:09:51,160 --> 00:09:54,400 Speaker 1: be good because they're saying, Hey, things can get really bad, 226 00:09:54,440 --> 00:09:55,520 Speaker 1: you should plan for that. 227 00:09:55,960 --> 00:09:59,600 Speaker 2: But I think they're not. So is this a buy 228 00:09:59,679 --> 00:10:01,640 Speaker 2: upper cotunity for us or is this cell opportunity? 229 00:10:01,800 --> 00:10:04,520 Speaker 1: In my mind, it is a buy I believe that 230 00:10:04,559 --> 00:10:07,400 Speaker 1: the uncertainty of this administration passes just like it did 231 00:10:07,400 --> 00:10:07,960 Speaker 1: the last time. 232 00:10:08,679 --> 00:10:10,880 Speaker 2: No, No, we're not going into nuclear war. 233 00:10:10,960 --> 00:10:12,920 Speaker 1: No, the markets aren't going to crash. I believe because 234 00:10:12,960 --> 00:10:15,840 Speaker 1: of the CBO projections that we have, the rate of 235 00:10:15,880 --> 00:10:18,760 Speaker 1: growth continues going up regardless of there. Like I said, 236 00:10:18,760 --> 00:10:22,720 Speaker 1: the fundamentals of that all remain. So I like hard assets. 237 00:10:22,760 --> 00:10:25,319 Speaker 1: I believe the debt is going to keep keep coming up. 238 00:10:25,400 --> 00:10:27,679 Speaker 1: So I like gold, I like silver, I like bitcoin. 239 00:10:27,800 --> 00:10:30,840 Speaker 1: I like assets that can't be printed. And this is 240 00:10:30,880 --> 00:10:33,960 Speaker 1: a buy the dip opportunity in my mind. All right, now, 241 00:10:34,040 --> 00:10:36,160 Speaker 1: I want to just take a second and show you 242 00:10:36,280 --> 00:10:39,800 Speaker 1: the sponsor of today's video. Today's sponsor of this video 243 00:10:39,840 --> 00:10:42,840 Speaker 1: is Visless Silver. They're on the New York Stock Exchange 244 00:10:42,960 --> 00:10:45,960 Speaker 1: vz LA. Now this is not some small over the 245 00:10:45,960 --> 00:10:48,680 Speaker 1: counterstock I'm pumping up. This is a New York Stock 246 00:10:48,720 --> 00:10:52,840 Speaker 1: Exchange listed company with a five hundred million dollar market cap. 247 00:10:52,960 --> 00:10:56,040 Speaker 1: They're sitting on over ninety million in cash. And the 248 00:10:56,080 --> 00:10:59,040 Speaker 1: thing is, again, this is not some small, high risk explore. 249 00:10:59,360 --> 00:11:02,560 Speaker 1: This is a major company with major market cap, and 250 00:11:02,600 --> 00:11:06,760 Speaker 1: they have the largest silver deposit in the world that's 251 00:11:06,800 --> 00:11:08,560 Speaker 1: not in production yet. 252 00:11:08,640 --> 00:11:09,280 Speaker 2: That's the key. 253 00:11:09,520 --> 00:11:13,720 Speaker 1: They have the largest silver deposit not in production yet. 254 00:11:13,920 --> 00:11:16,040 Speaker 1: Now the reason why I like this is because the 255 00:11:16,160 --> 00:11:20,280 Speaker 1: risk is basically done. They've already found the silver. All 256 00:11:20,280 --> 00:11:22,520 Speaker 1: they have to do is start producing it. This is 257 00:11:22,559 --> 00:11:23,760 Speaker 1: a story ready to be made. 258 00:11:23,880 --> 00:11:24,040 Speaker 2: Now. 259 00:11:24,040 --> 00:11:26,200 Speaker 1: This is their stock price. You can see it's been 260 00:11:26,200 --> 00:11:28,000 Speaker 1: going up for like the last four or five years. 261 00:11:28,160 --> 00:11:30,240 Speaker 1: Of course, nothing goes up or down in a straight line, 262 00:11:30,280 --> 00:11:31,959 Speaker 1: but this is not a pumping of This company has 263 00:11:32,000 --> 00:11:34,840 Speaker 1: done amazingly well and like I said, most of the 264 00:11:34,920 --> 00:11:37,240 Speaker 1: risk is out of this all right. So if we 265 00:11:37,320 --> 00:11:39,680 Speaker 1: look on the inside, and this is a very key piece, 266 00:11:39,720 --> 00:11:41,600 Speaker 1: no matter if you're looking at Vislisover or any other 267 00:11:41,640 --> 00:11:44,920 Speaker 1: company for that matter, who are the insiders who owns 268 00:11:44,960 --> 00:11:47,400 Speaker 1: the company? Are they people I'd like to invest with? 269 00:11:47,480 --> 00:11:50,960 Speaker 1: And more importantly do the people running the company? Do 270 00:11:51,000 --> 00:11:52,559 Speaker 1: they believe in it? And you can tell that by 271 00:11:52,600 --> 00:11:54,400 Speaker 1: the skin in the game. So if we look at 272 00:11:54,440 --> 00:11:56,959 Speaker 1: who the insiders are, and again it's the New York 273 00:11:56,960 --> 00:11:58,840 Speaker 1: Stock Exchange listed company, you can go look at this 274 00:11:59,120 --> 00:12:02,560 Speaker 1: for yourself. We can see the company Snapshop is the 275 00:12:02,600 --> 00:12:05,679 Speaker 1: top shareholders. Franklin Templeton owns twelve percent, one of the 276 00:12:05,720 --> 00:12:08,840 Speaker 1: largest financial firms in the world twelve percent. Okay, I'd 277 00:12:08,880 --> 00:12:11,880 Speaker 1: like to invest with those guys, not just Sprought Inc. 278 00:12:11,920 --> 00:12:14,720 Speaker 2: But also Eric Sprot. Between the two of them own. 279 00:12:14,720 --> 00:12:17,080 Speaker 1: Eight percent of the company. I mean, Eric Sprot's one 280 00:12:17,080 --> 00:12:19,800 Speaker 1: of the most prolific resource investors in the world. If 281 00:12:19,840 --> 00:12:21,920 Speaker 1: he's in on the deal, that's pretty good. We have 282 00:12:22,000 --> 00:12:24,400 Speaker 1: this couple other people have some smaller pieces. 283 00:12:24,400 --> 00:12:25,480 Speaker 2: But this is what I really like. 284 00:12:25,880 --> 00:12:31,000 Speaker 1: The management, directors and advisors sitting on thirty five percent 285 00:12:31,040 --> 00:12:33,720 Speaker 1: of the company. So when the management and the directors 286 00:12:33,800 --> 00:12:36,160 Speaker 1: own a majority of the company or a major piece 287 00:12:36,160 --> 00:12:36,880 Speaker 1: like thirty five. 288 00:12:36,720 --> 00:12:38,240 Speaker 2: Percent, that means they believe in it. 289 00:12:38,280 --> 00:12:40,000 Speaker 1: That's what we call the skin in the game. If 290 00:12:40,040 --> 00:12:42,840 Speaker 1: this was a small number, then you'd be worried, like 291 00:12:42,920 --> 00:12:44,760 Speaker 1: is it really a good company? So I always want 292 00:12:44,760 --> 00:12:47,240 Speaker 1: to look at the insiders. When management owns thirty five percent, 293 00:12:47,480 --> 00:12:50,480 Speaker 1: that's a good deal. Another thing about Vislasilver, as I said, 294 00:12:50,520 --> 00:12:53,400 Speaker 1: is they have the largest sober deposit in the world 295 00:12:53,480 --> 00:12:57,520 Speaker 1: that's not currently in production, the tenth largest. When they 296 00:12:57,520 --> 00:13:00,600 Speaker 1: get into production, they'll be the tenth largest silver mine 297 00:13:00,679 --> 00:13:02,120 Speaker 1: in production in the world. 298 00:13:02,520 --> 00:13:02,760 Speaker 2: Now. 299 00:13:02,840 --> 00:13:04,760 Speaker 1: The reason why it's important to understand that is one 300 00:13:04,840 --> 00:13:06,680 Speaker 1: the amount of silver, and I'll show you other numbers 301 00:13:06,720 --> 00:13:09,040 Speaker 1: work out in a second. But number two. In this space, 302 00:13:09,080 --> 00:13:11,839 Speaker 1: what happens is a lot of mergers and acquisitions bigger 303 00:13:11,880 --> 00:13:14,320 Speaker 1: companies by smaller companies, et cetera. And we can see 304 00:13:14,320 --> 00:13:16,880 Speaker 1: that similar companies to this one that have these size 305 00:13:16,920 --> 00:13:21,400 Speaker 1: of production deposits have sold for four times their valuation, 306 00:13:21,720 --> 00:13:24,040 Speaker 1: about two billion dollars. And again, visless silver is only 307 00:13:24,080 --> 00:13:26,240 Speaker 1: worth about five hundred million at this time. 308 00:13:26,559 --> 00:13:28,800 Speaker 2: Now, with this mine, that will make them the ten 309 00:13:28,880 --> 00:13:29,720 Speaker 2: Flutters in the world. 310 00:13:29,880 --> 00:13:32,439 Speaker 1: They're going to be able to produce silver at nine 311 00:13:32,480 --> 00:13:35,560 Speaker 1: dollars and fifty cents an ounce. Now, not only is 312 00:13:35,600 --> 00:13:37,960 Speaker 1: this obviously way cheaper than what silver's worth today, and 313 00:13:37,960 --> 00:13:40,080 Speaker 1: I believe silver is going way up, but number two, 314 00:13:40,160 --> 00:13:43,120 Speaker 1: the global average of producing silver is about seventeen and 315 00:13:43,120 --> 00:13:46,120 Speaker 1: a half dollars per ounce. So they're able to produce 316 00:13:46,200 --> 00:13:49,880 Speaker 1: silver for way below the average price of silver, which 317 00:13:49,880 --> 00:13:53,319 Speaker 1: would make them a much better target and get them 318 00:13:53,320 --> 00:13:56,520 Speaker 1: a much higher multiple if there was a merger and acquisition. Now, 319 00:13:56,600 --> 00:13:58,680 Speaker 1: there's been lots of analysts that have been taking a 320 00:13:58,720 --> 00:14:00,800 Speaker 1: look at this deal. You can see that they have 321 00:14:00,880 --> 00:14:03,240 Speaker 1: these analysts are expecting the price to be somewhere in 322 00:14:03,280 --> 00:14:06,440 Speaker 1: the three to four dollars range, and right now it's 323 00:14:06,480 --> 00:14:08,880 Speaker 1: way below that. Now even better than that if we 324 00:14:08,920 --> 00:14:11,040 Speaker 1: look at the economics of this, because they're able to 325 00:14:11,040 --> 00:14:13,560 Speaker 1: produce so much silver at such a low rate that 326 00:14:13,600 --> 00:14:16,320 Speaker 1: their IRR would be up to eighty six percent with 327 00:14:16,400 --> 00:14:17,680 Speaker 1: a payback period. 328 00:14:17,400 --> 00:14:19,240 Speaker 2: Of only nine months. 329 00:14:19,560 --> 00:14:21,840 Speaker 1: So look, business silver is not, like I said, some 330 00:14:21,920 --> 00:14:23,920 Speaker 1: small company. They're on the New York Stock Exchange five 331 00:14:24,000 --> 00:14:27,440 Speaker 1: hundred million dollars market cap, and every time they've raised 332 00:14:27,480 --> 00:14:30,760 Speaker 1: money from shareholders, they've created enormous shareholder value. 333 00:14:30,800 --> 00:14:32,840 Speaker 2: That's what you want if you buy stock in a company. 334 00:14:33,000 --> 00:14:35,800 Speaker 1: What you can see is that every time they've raised money, 335 00:14:36,320 --> 00:14:41,160 Speaker 1: every single raise has been in profit profit profit, profit, every. 336 00:14:40,960 --> 00:14:41,760 Speaker 2: Single one of these. 337 00:14:41,800 --> 00:14:44,520 Speaker 1: The only one that's not in profit yet is this 338 00:14:44,560 --> 00:14:47,000 Speaker 1: one because it just happened, But I believe that this 339 00:14:47,080 --> 00:14:49,480 Speaker 1: overtime will be in profit. So every time they've gone 340 00:14:49,520 --> 00:14:53,520 Speaker 1: to raise money, the shareholders have made money back. And 341 00:14:53,560 --> 00:14:55,120 Speaker 1: so that's sort of where we're at right now. This 342 00:14:55,240 --> 00:14:58,000 Speaker 1: is not some small company. Every time they've raised money 343 00:14:58,360 --> 00:15:02,000 Speaker 1: that they have brought profit back to their shareholders. And 344 00:15:02,120 --> 00:15:04,360 Speaker 1: let's start expecting this to double at least from here 345 00:15:04,440 --> 00:15:07,400 Speaker 1: three to four dollars, So put this on your watch list. 346 00:15:07,600 --> 00:15:09,800 Speaker 1: Add Visle Silver to your watch list. I believe that 347 00:15:10,160 --> 00:15:13,120 Speaker 1: hard assets are on sale right now. I believe that, yes, 348 00:15:13,200 --> 00:15:15,680 Speaker 1: we will continue to have more inflation, asset prices will 349 00:15:15,720 --> 00:15:17,320 Speaker 1: go up hard assets. 350 00:15:16,960 --> 00:15:18,520 Speaker 2: Specifically gold, silver, bitcoin. 351 00:15:18,760 --> 00:15:20,840 Speaker 1: And if you like the silver and gold space, then 352 00:15:20,880 --> 00:15:23,000 Speaker 1: you want to watch Visles Silver. All right, hopefully you've 353 00:15:23,040 --> 00:15:25,640 Speaker 1: enjoyed that from this sponsor today Visles Silver. Let me 354 00:15:25,680 --> 00:15:27,320 Speaker 1: know what you think down in the comments down below, 355 00:15:27,480 --> 00:15:29,080 Speaker 1: and that's what I got, all right, to your success, 356 00:15:29,680 --> 00:15:30,080 Speaker 1: I'm out,