Sept 13 Weekend report

0:00 Starting with the stock market, all the

0:02 Starting with the stock market, all the

0:02 Starting with the stock market, all the evidence now is that that stocks are in

0:05 evidence now is that that stocks are in

0:05 evidence now is that that stocks are in a runaway move. Um, I really hate these

0:08 a runaway move. Um, I really hate these

0:08 a runaway move. Um, I really hate these runaway moves. They can just creep

0:11 runaway moves. They can just creep

0:11 runaway moves. They can just creep higher week after week and month after

0:13 higher week after week and month after

0:14 higher week after week and month after month and then you get generally you get

0:16 month and then you get generally you get

0:16 month and then you get generally you get a crash at the end that can literally

0:19 a crash at the end that can literally

0:19 a crash at the end that can literally wipe out three, four or five months of

0:22 wipe out three, four or five months of

0:22 wipe out three, four or five months of gains in a day or two. And you know,

0:26 gains in a day or two. And you know,

0:26 gains in a day or two. And you know, nobody rings the bell for you as to when

0:28 nobody rings the bell for you as to when

0:28 nobody rings the bell for you as to when the the top is going to be in. So at

0:32 the the top is going to be in. So at

0:32 the the top is going to be in. So at this point, it it doesn't look like

0:34 this point, it it doesn't look like

0:34 this point, it it doesn't look like cycles are going to apply. And they

0:35 cycles are going to apply. And they

0:35 cycles are going to apply. And they don't generally work in a runaway move.

0:39 don't generally work in a runaway move.

0:39 don't generally work in a runaway move. So, you know, if you normally get a ICL

0:42 So, you know, if you normally get a ICL

0:42 So, you know, if you normally get a ICL on week 22 to 25,

0:46 on week 22 to 25,

0:46 on week 22 to 25, that can just go out the window. I've

0:47 that can just go out the window. I've

0:47 that can just go out the window. I've seen runaway moves that last eight

0:49 seen runaway moves that last eight

0:49 seen runaway moves that last eight months. Um,

0:52 months. Um,

0:52 months. Um, that looks like what's happening. Um

0:55 that looks like what's happening. Um

0:55 that looks like what's happening. Um there there was a chance here when we

0:57 there there was a chance here when we

0:57 there there was a chance here when we were kind of pingponging between

0:59 were kind of pingponging between

0:59 were kind of pingponging between overbought and oversold

1:02 overbought and oversold

1:02 overbought and oversold and not really embedding in either

1:03 and not really embedding in either

1:03 and not really embedding in either condition that maybe this was going to

1:06 condition that maybe this was going to

1:06 condition that maybe this was going to transition into a sideways churn sim

1:08 transition into a sideways churn sim

1:08 transition into a sideways churn sim similar to what has been happening in

1:11 similar to what has been happening in

1:11 similar to what has been happening in gold. But um as of the close this week u

1:15 gold. But um as of the close this week u

1:15 gold. But um as of the close this week u RSI is getting embedded in the

1:17 RSI is getting embedded in the

1:17 RSI is getting embedded in the overbought condition which strongly

1:19 overbought condition which strongly

1:19 overbought condition which strongly suggests that this is a runaway move in

1:22 suggests that this is a runaway move in

1:22 suggests that this is a runaway move in progress.

1:26 So, I don't really know what to tell you

1:28 So, I don't really know what to tell you

1:28 So, I don't really know what to tell you to do if you're still trading stocks.

1:29 to do if you're still trading stocks.

1:29 to do if you're still trading stocks. Again, I don't know why anybody would do

1:31 Again, I don't know why anybody would do

1:31 Again, I don't know why anybody would do that. There's so much more money to be

1:33 that. There's so much more money to be

1:33 that. There's so much more money to be made in the in the precious metals.

1:37 made in the in the precious metals.

1:37 made in the in the precious metals. Um,

1:39 Um,

1:39 Um, for what it's worth, it it looks like

1:41 for what it's worth, it it looks like

1:41 for what it's worth, it it looks like the this um pingponging that we did

1:44 the this um pingponging that we did

1:44 the this um pingponging that we did right here was just the market trying to

1:45 right here was just the market trying to

1:45 right here was just the market trying to get through that psychological 6500

1:49 get through that psychological 6500

1:49 get through that psychological 6500 zone right here, but it did do that this

1:51 zone right here, but it did do that this

1:51 zone right here, but it did do that this week. And so, you know, who knows how

1:55 week. And so, you know, who knows how

1:55 week. And so, you know, who knows how maybe the market could get to 7,000

1:57 maybe the market could get to 7,000

1:57 maybe the market could get to 7,000 before it uh before we get the big crash

1:59 before it uh before we get the big crash

1:59 before it uh before we get the big crash event at the end.

2:03 Uh no change in oil. We still got what

2:06 Uh no change in oil. We still got what

2:06 Uh no change in oil. We still got what certainly looks like a left translated

2:08 certainly looks like a left translated

2:08 certainly looks like a left translated daily cycle here and it should be way

2:11 daily cycle here and it should be way

2:11 daily cycle here and it should be way too early for this to bottom. So, I'm

2:13 too early for this to bottom. So, I'm

2:13 too early for this to bottom. So, I'm still expecting oil to

2:17 still expecting oil to

2:17 still expecting oil to ultimately probably come down and retest

2:19 ultimately probably come down and retest

2:20 ultimately probably come down and retest these u these lows

2:23 these u these lows

2:23 these u these lows um before I would even be remotely

2:26 um before I would even be remotely

2:26 um before I would even be remotely interested in uh in energy.

2:30 interested in uh in energy.

2:30 interested in uh in energy. All right, some positives and some

2:32 All right, some positives and some

2:32 All right, some positives and some potential negatives in Bitcoin. Um it

2:35 potential negatives in Bitcoin. Um it

2:35 potential negatives in Bitcoin. Um it did get back above the 50-day moving

2:37 did get back above the 50-day moving

2:37 did get back above the 50-day moving average, but it didn't hold below it

2:39 average, but it didn't hold below it

2:39 average, but it didn't hold below it long enough to turn it back down. and

2:42 long enough to turn it back down. and

2:42 long enough to turn it back down. and RSI is just now poking up into the

2:44 RSI is just now poking up into the

2:44 RSI is just now poking up into the overbought condition. And if um if this

2:49 overbought condition. And if um if this

2:49 overbought condition. And if um if this is the declining phase of the

2:51 is the declining phase of the

2:52 is the declining phase of the intermediate cycle and we have made a

2:54 intermediate cycle and we have made a

2:54 intermediate cycle and we have made a lower low, then it probably shouldn't be

2:57 lower low, then it probably shouldn't be

2:57 lower low, then it probably shouldn't be able to hold this overbought condition

3:00 able to hold this overbought condition

3:00 able to hold this overbought condition and uh should turn back down and make

3:03 and uh should turn back down and make

3:03 and uh should turn back down and make lower lows. Now, I will say um a a

3:08 lower lows. Now, I will say um a a

3:08 lower lows. Now, I will say um a a falling dollar may push this and stocks

3:13 falling dollar may push this and stocks

3:13 falling dollar may push this and stocks up for as long as the dollar is in

3:15 up for as long as the dollar is in

3:15 up for as long as the dollar is in decline. So, I yeah, I I'm not I

3:19 decline. So, I yeah, I I'm not I

3:19 decline. So, I yeah, I I'm not I wouldn't trade this from the long side.

3:20 wouldn't trade this from the long side.

3:20 wouldn't trade this from the long side. I also would not trade it from the short

3:22 I also would not trade it from the short

3:22 I also would not trade it from the short side. I just wouldn't be very interested

3:24 side. I just wouldn't be very interested

3:24 side. I just wouldn't be very interested in it because it's got a it's got a

3:26 in it because it's got a it's got a

3:26 in it because it's got a it's got a pattern of lower lows. That's kind of a

3:28 pattern of lower lows. That's kind of a

3:28 pattern of lower lows. That's kind of a big negative. Um, and then a couple of

3:31 big negative. Um, and then a couple of

3:31 big negative. Um, and then a couple of short-term positives. But, um,

3:35 short-term positives. But, um,

3:35 short-term positives. But, um, as far as I can tell, this looks like

3:37 as far as I can tell, this looks like

3:37 as far as I can tell, this looks like it's probably um, in the declining phase

3:40 it's probably um, in the declining phase

3:40 it's probably um, in the declining phase of an intermediate cycle. And if not,

3:42 of an intermediate cycle. And if not,

3:42 of an intermediate cycle. And if not, it's getting really late in this

3:44 it's getting really late in this

3:44 it's getting really late in this intermediate cycle. And it's probably

3:46 intermediate cycle. And it's probably

3:46 intermediate cycle. And it's probably going to start the declining phase of an

3:48 going to start the declining phase of an

3:48 going to start the declining phase of an intermediate cycle here pretty soon. So,

3:50 intermediate cycle here pretty soon. So,

3:50 intermediate cycle here pretty soon. So, not really interested in Bitcoin.

3:53 not really interested in Bitcoin.

3:53 not really interested in Bitcoin. Moving on to the dollar. Um, it's just

3:55 Moving on to the dollar. Um, it's just

3:55 Moving on to the dollar. Um, it's just churning, just back and forth. There's

3:57 churning, just back and forth. There's

3:57 churning, just back and forth. There's no no trend. um clearly waiting for the

4:01 no no trend. um clearly waiting for the

4:01 no no trend. um clearly waiting for the FOMC meeting. We know there's going to

4:03 FOMC meeting. We know there's going to

4:03 FOMC meeting. We know there's going to be a quarter point cut unless something

4:05 be a quarter point cut unless something

4:05 be a quarter point cut unless something dramatic happens between now and uh and

4:08 dramatic happens between now and uh and

4:08 dramatic happens between now and uh and Wednesday, which I don't think it's

4:10 Wednesday, which I don't think it's

4:10 Wednesday, which I don't think it's going to happen. Um but the dollar has

4:13 going to happen. Um but the dollar has

4:14 going to happen. Um but the dollar has not been able to get back above the

4:15 not been able to get back above the

4:15 not been able to get back above the 50-day moving average. And if I um view

4:20 50-day moving average. And if I um view

4:20 50-day moving average. And if I um view this as a short cycle, then this is a

4:23 this as a short cycle, then this is a

4:23 this as a short cycle, then this is a left translated cycle. you know, I don't

4:25 left translated cycle. you know, I don't

4:25 left translated cycle. you know, I don't I don't know how predictive that's going

4:28 I don't know how predictive that's going

4:28 I don't know how predictive that's going to be in the in the currencies, but uh

4:32 to be in the in the currencies, but uh

4:32 to be in the in the currencies, but uh right now guaranteed quarter point cut

4:35 right now guaranteed quarter point cut

4:36 right now guaranteed quarter point cut on Wednesday, and it looks like the odds

4:38 on Wednesday, and it looks like the odds

4:38 on Wednesday, and it looks like the odds are very high for another quarter point

4:40 are very high for another quarter point

4:40 are very high for another quarter point cut um at the end of October.

4:44 cut um at the end of October.

4:44 cut um at the end of October. And if that's the case, if the market's

4:46 And if that's the case, if the market's

4:46 And if that's the case, if the market's expecting a cut in October, then I think

4:49 expecting a cut in October, then I think

4:49 expecting a cut in October, then I think the dollar's probably has rolled over

4:51 the dollar's probably has rolled over

4:51 the dollar's probably has rolled over and we'll we might get a little bounce

4:54 and we'll we might get a little bounce

4:54 and we'll we might get a little bounce on the um on the rate cut uh this next

4:59 on the um on the rate cut uh this next

4:59 on the um on the rate cut uh this next week, but I think it it would not be

5:01 week, but I think it it would not be

5:01 week, but I think it it would not be able to hold the overbought condition.

5:03 able to hold the overbought condition.

5:03 able to hold the overbought condition. It would not trigger, you know, a

5:05 It would not trigger, you know, a

5:05 It would not trigger, you know, a continuation of an intermediate rally

5:08 continuation of an intermediate rally

5:08 continuation of an intermediate rally and then it wouldn't be long before the

5:09 and then it wouldn't be long before the

5:09 and then it wouldn't be long before the dollar starts to discount that rate cut

5:11 dollar starts to discount that rate cut

5:11 dollar starts to discount that rate cut in October as well. So at this point I

5:14 in October as well. So at this point I

5:14 in October as well. So at this point I am until I see something that can tell

5:17 am until I see something that can tell

5:17 am until I see something that can tell me different I'm assuming that this is

5:19 me different I'm assuming that this is

5:19 me different I'm assuming that this is probably a left translated intermediate

5:21 probably a left translated intermediate

5:21 probably a left translated intermediate cycle and probably one that's not going

5:24 cycle and probably one that's not going

5:24 cycle and probably one that's not going to bottom give us an intermediate bottom

5:27 to bottom give us an intermediate bottom

5:27 to bottom give us an intermediate bottom not a daily cycle bottom. could have a

5:29 not a daily cycle bottom. could have a

5:29 not a daily cycle bottom. could have a daily cycle bottom on the u on the rate

5:32 daily cycle bottom on the u on the rate

5:32 daily cycle bottom on the u on the rate cut on Wednesday, but the intermediate

5:35 cut on Wednesday, but the intermediate

5:35 cut on Wednesday, but the intermediate bottom I don't think is going to

5:37 bottom I don't think is going to

5:37 bottom I don't think is going to probably not going to occur until end of

5:39 probably not going to occur until end of

5:39 probably not going to occur until end of October, beginning of November.

5:41 October, beginning of November.

5:41 October, beginning of November. And that should have um implications for

5:46 And that should have um implications for

5:46 And that should have um implications for the metals market.

5:49 the metals market.

5:49 the metals market. All right, for gold, this looks like a a

5:51 All right, for gold, this looks like a a

5:51 All right, for gold, this looks like a a bull flag to me. So, I'm guessing next

5:55 bull flag to me. So, I'm guessing next

5:56 bull flag to me. So, I'm guessing next week we either continue to flag through

5:59 week we either continue to flag through

5:59 week we either continue to flag through next week and through the FOMC meeting

6:00 next week and through the FOMC meeting

6:00 next week and through the FOMC meeting or um this could could potentially could

6:05 or um this could could potentially could

6:05 or um this could could potentially could break out to the upside Monday

6:08 break out to the upside Monday

6:08 break out to the upside Monday uh Tuesday and then on the FOMC meeting

6:10 uh Tuesday and then on the FOMC meeting

6:10 uh Tuesday and then on the FOMC meeting we get a um short-term top maybe a daily

6:14 we get a um short-term top maybe a daily

6:14 we get a um short-term top maybe a daily cycle top and then a corrective move. It

6:17 cycle top and then a corrective move. It

6:17 cycle top and then a corrective move. It is getting stretched a bit above the

6:18 is getting stretched a bit above the

6:18 is getting stretched a bit above the 50-day moving average, but uh as of

6:21 50-day moving average, but uh as of

6:21 50-day moving average, but uh as of right now anyway, this looks like a bull

6:23 right now anyway, this looks like a bull

6:23 right now anyway, this looks like a bull flag and we would expect that that's

6:25 flag and we would expect that that's

6:25 flag and we would expect that that's going to break to the upside. Um silver

6:28 going to break to the upside. Um silver

6:28 going to break to the upside. Um silver on the other hand is breaking out of its

6:31 on the other hand is breaking out of its

6:31 on the other hand is breaking out of its flag on Friday. Um, if we assume that

6:37 flag on Friday. Um, if we assume that

6:37 flag on Friday. Um, if we assume that the the pole of the flag here was about

6:40 the the pole of the flag here was about

6:40 the the pole of the flag here was about seven points and breaking out, if we

6:42 seven points and breaking out, if we

6:42 seven points and breaking out, if we looking for another seven points, then

6:43 looking for another seven points, then

6:44 looking for another seven points, then potentially this could get to uh $49

6:48 potentially this could get to uh $49

6:48 potentially this could get to uh $49 on this run,

6:50 on this run,

6:50 on this run, which would be about right. If we get to

6:52 which would be about right. If we get to

6:52 which would be about right. If we get to if we get to 49, there's going to be

6:54 if we get to 49, there's going to be

6:54 if we get to 49, there's going to be probably quite a few um hedge funds and

6:58 probably quite a few um hedge funds and

6:58 probably quite a few um hedge funds and smart money that are going to take

7:00 smart money that are going to take

7:00 smart money that are going to take profits a little early. um not worried

7:04 profits a little early. um not worried

7:04 profits a little early. um not worried about catching that last dollar to $50.

7:07 about catching that last dollar to $50.

7:07 about catching that last dollar to $50. There's going to be a lot of retail

7:08 There's going to be a lot of retail

7:08 There's going to be a lot of retail traders and some hedge funds that are

7:10 traders and some hedge funds that are

7:10 traders and some hedge funds that are that are going to be chomping at the bit

7:11 that are going to be chomping at the bit

7:12 that are going to be chomping at the bit for this to get to $50 and to go above

7:14 for this to get to $50 and to go above

7:14 for this to get to $50 and to go above $50. So, my guess is that we would

7:18 $50. So, my guess is that we would

7:18 $50. So, my guess is that we would probably

7:20 probably

7:20 probably top maybe for this

7:24 for the daily cycle probably. Yes. Maybe

7:27 for the daily cycle probably. Yes. Maybe

7:27 for the daily cycle probably. Yes. Maybe the intermediate cycle depending on how

7:29 the intermediate cycle depending on how

7:29 the intermediate cycle depending on how long it takes to get there. um we would

7:33 long it takes to get there. um we would

7:33 long it takes to get there. um we would top at that like $49 and catch everybody

7:36 top at that like $49 and catch everybody

7:36 top at that like $49 and catch everybody holding on a little too long and then

7:39 holding on a little too long and then

7:39 holding on a little too long and then either way, even if it's just a move

7:40 either way, even if it's just a move

7:40 either way, even if it's just a move down into a daily cycle low, it's going

7:42 down into a daily cycle low, it's going

7:42 down into a daily cycle low, it's going to is going to catch people hanging on

7:44 to is going to catch people hanging on

7:44 to is going to catch people hanging on too long and uh and then they'll

7:46 too long and uh and then they'll

7:46 too long and uh and then they'll probably panic sell at the bottom of the

7:48 probably panic sell at the bottom of the

7:48 probably panic sell at the bottom of the of the cycle. So, I don't think cycles

7:52 of the cycle. So, I don't think cycles

7:52 of the cycle. So, I don't think cycles are working very good in the metals, but

7:54 are working very good in the metals, but

7:54 are working very good in the metals, but I'm not prepared to completely give up

7:56 I'm not prepared to completely give up

7:56 I'm not prepared to completely give up on them uh just yet. So, for right now,

8:00 on them uh just yet. So, for right now,

8:00 on them uh just yet. So, for right now, I'm assuming that the technical pattern

8:02 I'm assuming that the technical pattern

8:02 I'm assuming that the technical pattern is is likely to play out, and that means

8:05 is is likely to play out, and that means

8:05 is is likely to play out, and that means another $7 move um to to around $49.

8:10 another $7 move um to to around $49.

8:10 another $7 move um to to around $49. And then at that point, I would I think

8:12 And then at that point, I would I think

8:12 And then at that point, I would I think I would be, you know, if you're playing

8:15 I would be, you know, if you're playing

8:15 I would be, you know, if you're playing the the five or 10% of your trading

8:18 the the five or 10% of your trading

8:18 the the five or 10% of your trading portfolio on November calls, then I I

8:20 portfolio on November calls, then I I

8:20 portfolio on November calls, then I I think I would be happy at $49.

8:24 think I would be happy at $49.

8:24 think I would be happy at $49. Don't worry about trying to catch that

8:25 Don't worry about trying to catch that

8:25 Don't worry about trying to catch that last dollar and uh and take profits and

8:28 last dollar and uh and take profits and

8:28 last dollar and uh and take profits and then we'll kind of make a judgment call.

8:31 then we'll kind of make a judgment call.

8:31 then we'll kind of make a judgment call. If it gets there um you know and we're

8:35 If it gets there um you know and we're

8:35 If it gets there um you know and we're still in September and we're not

8:37 still in September and we're not

8:37 still in September and we're not expecting the dollar to bottom until

8:38 expecting the dollar to bottom until

8:38 expecting the dollar to bottom until November then then I think uh we very

8:41 November then then I think uh we very

8:41 November then then I think uh we very well silver very well could slice

8:44 well silver very well could slice

8:44 well silver very well could slice through $50, especially if the

8:46 through $50, especially if the

8:46 through $50, especially if the suppression is collapsing. um similar to

8:49 suppression is collapsing. um similar to

8:49 suppression is collapsing. um similar to how the mining stock sliced through um

8:54 how the mining stock sliced through um

8:54 how the mining stock sliced through um the the all-time highs without any any

8:56 the the all-time highs without any any

8:56 the the all-time highs without any any pullback, which was at least in my

8:59 pullback, which was at least in my

8:59 pullback, which was at least in my opinion anyway is a is a very

9:02 opinion anyway is a is a very

9:02 opinion anyway is a is a very clear sign that the suppression is

9:04 clear sign that the suppression is

9:04 clear sign that the suppression is breaking. And you got a lot of trapped

9:07 breaking. And you got a lot of trapped

9:07 breaking. And you got a lot of trapped longs that are just having to co cover.

9:10 longs that are just having to co cover.

9:10 longs that are just having to co cover. and um and they they they couldn't um

9:13 and um and they they they couldn't um

9:14 and um and they they they couldn't um you know they were there's no way they

9:16 you know they were there's no way they

9:16 you know they were there's no way they could keep adding shorts at that

9:17 could keep adding shorts at that

9:17 could keep adding shorts at that resistance zone. They're already in too

9:19 resistance zone. They're already in too

9:20 resistance zone. They're already in too deep. So they're hoping that there was

9:21 deep. So they're hoping that there was

9:21 deep. So they're hoping that there was some natural selling at that resistance

9:23 some natural selling at that resistance

9:23 some natural selling at that resistance in the miners but there wasn't. And so

9:26 in the miners but there wasn't. And so

9:26 in the miners but there wasn't. And so price went right through that which of

9:28 price went right through that which of

9:28 price went right through that which of course caused just even more short

9:29 course caused just even more short

9:29 course caused just even more short covering in the mining sector. And I

9:31 covering in the mining sector. And I

9:31 covering in the mining sector. And I think that's exactly why uh GDX just

9:34 think that's exactly why uh GDX just

9:34 think that's exactly why uh GDX just sliced right through those all-time

9:35 sliced right through those all-time

9:35 sliced right through those all-time highs. Same thing could happen here in

9:37 highs. Same thing could happen here in

9:37 highs. Same thing could happen here in silver.

9:39 silver.

9:39 silver. So, anyway, I think there's a a decent a

9:43 So, anyway, I think there's a a decent a

9:43 So, anyway, I think there's a a decent a decent chance that silver could get to

9:45 decent chance that silver could get to

9:45 decent chance that silver could get to 49. If it gets there quickly, then I

9:47 49. If it gets there quickly, then I

9:47 49. If it gets there quickly, then I think there's a decent chance it could

9:48 think there's a decent chance it could

9:48 think there's a decent chance it could break through it because I I don't think

9:50 break through it because I I don't think

9:50 break through it because I I don't think the dollar's going to get a final

9:52 the dollar's going to get a final

9:52 the dollar's going to get a final intermediate bottom until um until that

9:55 intermediate bottom until um until that

9:55 intermediate bottom until um until that next um FOMC meeting at the end of

9:57 next um FOMC meeting at the end of

9:58 next um FOMC meeting at the end of October where we're going to get our

9:59 October where we're going to get our

9:59 October where we're going to get our second rate cut.

10:02 second rate cut.

10:02 second rate cut. Now, um I want to go over a couple of

10:06 Now, um I want to go over a couple of

10:06 Now, um I want to go over a couple of things on the um on the renewals. You

10:09 things on the um on the renewals. You

10:09 things on the um on the renewals. You know, first off, everybody, we got lots

10:11 know, first off, everybody, we got lots

10:11 know, first off, everybody, we got lots of months left before anybody renews. I

10:14 of months left before anybody renews. I

10:14 of months left before anybody renews. I think the earliest ones are um in

10:17 think the earliest ones are um in

10:17 think the earliest ones are um in December. So, you know, everybody

10:21 December. So, you know, everybody

10:21 December. So, you know, everybody doesn't need to

10:23 doesn't need to

10:23 doesn't need to send a check immediately or or send a

10:26 send a check immediately or or send a

10:26 send a check immediately or or send a zel immediately. You you've got plenty

10:28 zel immediately. You you've got plenty

10:28 zel immediately. You you've got plenty of time. You can space it out a little

10:30 of time. You can space it out a little

10:30 of time. You can space it out a little bit so I'm not swamped with trying to um

10:34 bit so I'm not swamped with trying to um

10:34 bit so I'm not swamped with trying to um you know keep track of all these. Um for

10:37 you know keep track of all these. Um for

10:37 you know keep track of all these. Um for the zel payments

10:39 the zel payments

10:39 the zel payments um your account has to have your name

10:42 um your account has to have your name

10:42 um your account has to have your name attached to it. You can you can put all

10:44 attached to it. You can you can put all

10:44 attached to it. You can you can put all the information you want in notes but I

10:47 the information you want in notes but I

10:47 the information you want in notes but I don't get notes. Um I those just

10:49 don't get notes. Um I those just

10:49 don't get notes. Um I those just disappear into the ether. All I get is

10:52 disappear into the ether. All I get is

10:52 disappear into the ether. All I get is whatever account that that is associated

10:54 whatever account that that is associated

10:54 whatever account that that is associated with. So, if it's associated with your

10:56 with. So, if it's associated with your

10:56 with. So, if it's associated with your personal account that your name is

10:58 personal account that your name is

10:58 personal account that your name is attached to, then I'll I'll be able to

11:00 attached to, then I'll I'll be able to

11:00 attached to, then I'll I'll be able to find you and I'll be able to update um

11:03 find you and I'll be able to update um

11:03 find you and I'll be able to update um you know when your when your next

11:04 you know when your when your next

11:04 you know when your when your next billing is going to be due at like as in

11:07 billing is going to be due at like as in

11:07 billing is going to be due at like as in adding a year to your the back end of

11:09 adding a year to your the back end of

11:09 adding a year to your the back end of your current year or whatever.

11:13 your current year or whatever.

11:13 your current year or whatever. Um, but if it's a business account, then

11:16 Um, but if it's a business account, then

11:16 Um, but if it's a business account, then all I'm going to see is your business

11:17 all I'm going to see is your business

11:18 all I'm going to see is your business name and I'm not going to have any idea

11:20 name and I'm not going to have any idea

11:20 name and I'm not going to have any idea who this whose account this is and I

11:23 who this whose account this is and I

11:23 who this whose account this is and I won't know who to credit, you know,

11:25 won't know who to credit, you know,

11:25 won't know who to credit, you know, another year for. So,

11:30 another year for. So,

11:30 another year for. So, uh, if that is the case, if you are

11:31 uh, if that is the case, if you are

11:32 uh, if that is the case, if you are selling me from a business account, then

11:34 selling me from a business account, then

11:34 selling me from a business account, then you need to email me and and let me know

11:38 you need to email me and and let me know

11:38 you need to email me and and let me know what that business account is so I know

11:40 what that business account is so I know

11:40 what that business account is so I know to look for it.

11:43 to look for it.

11:43 to look for it. If you were um if you were on a credit

11:46 If you were um if you were on a credit

11:46 If you were um if you were on a credit card last year and you would and you

11:49 card last year and you would and you

11:49 card last year and you would and you have access to zel and you would prefer

11:51 have access to zel and you would prefer

11:51 have access to zel and you would prefer to to do a zel, you know, it'll save you

11:53 to to do a zel, you know, it'll save you

11:53 to to do a zel, you know, it'll save you the $50 for, you know, all the all the

11:56 the $50 for, you know, all the all the

11:56 the $50 for, you know, all the all the fees that you have to pay when you do a

11:58 fees that you have to pay when you do a

11:58 fees that you have to pay when you do a credit card. Um it's a little bit

12:00 credit card. Um it's a little bit

12:00 credit card. Um it's a little bit complicated for the um

12:04 complicated for the um

12:04 complicated for the um um for me to do that. I have to turn off

12:07 um for me to do that. I have to turn off

12:07 um for me to do that. I have to turn off auto billing and and I have to make a

12:09 auto billing and and I have to make a

12:10 auto billing and and I have to make a note. Um, you know, I have to change

12:12 note. Um, you know, I have to change

12:12 note. Um, you know, I have to change your account over from just auto billing

12:14 your account over from just auto billing

12:14 your account over from just auto billing to um the system where you know I've got

12:19 to um the system where you know I've got

12:19 to um the system where you know I've got everybody that sent me checks in a Excel

12:22 everybody that sent me checks in a Excel

12:22 everybody that sent me checks in a Excel word file. I have to put you in there

12:24 word file. I have to put you in there

12:24 word file. I have to put you in there with your expiration date and

12:25 with your expiration date and

12:26 with your expiration date and everything. So, it's a little bit

12:26 everything. So, it's a little bit

12:26 everything. So, it's a little bit complicated to do that, but it can be

12:28 complicated to do that, but it can be

12:28 complicated to do that, but it can be done if you would like to get off the

12:31 done if you would like to get off the

12:31 done if you would like to get off the credit card and on a zel. But um I'll

12:35 credit card and on a zel. But um I'll

12:35 credit card and on a zel. But um I'll need to go over with you how we need to

12:38 need to go over with you how we need to

12:38 need to go over with you how we need to do that. So anybody that wants to do

12:40 do that. So anybody that wants to do

12:40 do that. So anybody that wants to do that, get off the credit card, shut that

12:42 that, get off the credit card, shut that

12:42 that, get off the credit card, shut that off the auto billing on their credit

12:44 off the auto billing on their credit

12:44 off the auto billing on their credit card. Like maybe especially if um your

12:46 card. Like maybe especially if um your

12:46 card. Like maybe especially if um your credit card information has changed cuz

12:48 credit card information has changed cuz

12:48 credit card information has changed cuz we seem to have some kind of a glitch

12:50 we seem to have some kind of a glitch

12:50 we seem to have some kind of a glitch where we're not able to update credit

12:52 where we're not able to update credit

12:52 where we're not able to update credit cards on um files that aren't

12:56 cards on um files that aren't

12:56 cards on um files that aren't reoccurring. Everybody is reoccurring,

12:58 reoccurring. Everybody is reoccurring,

12:58 reoccurring. Everybody is reoccurring, but it the way it's um there's a glitch

13:02 but it the way it's um there's a glitch

13:02 but it the way it's um there's a glitch in the website and it's seeing it as not

13:04 in the website and it's seeing it as not

13:04 in the website and it's seeing it as not reoccurring. Some of them anyway as not

13:06 reoccurring. Some of them anyway as not

13:06 reoccurring. Some of them anyway as not reoccurring and so it doesn't want to

13:09 reoccurring and so it doesn't want to

13:09 reoccurring and so it doesn't want to allow you to update your credit card. So

13:11 allow you to update your credit card. So

13:12 allow you to update your credit card. So those would be those kind of accounts

13:13 those would be those kind of accounts

13:13 those would be those kind of accounts would be prime accounts to convert over

13:15 would be prime accounts to convert over

13:15 would be prime accounts to convert over to a zel account. But I'm going to need

13:17 to a zel account. But I'm going to need

13:17 to a zel account. But I'm going to need to like I I need you to email me

13:20 to like I I need you to email me

13:20 to like I I need you to email me directly and then we'll have to go over

13:24 directly and then we'll have to go over

13:24 directly and then we'll have to go over um exactly how to go about switching

13:27 um exactly how to go about switching

13:27 um exactly how to go about switching that over from your credit card, turning

13:30 that over from your credit card, turning

13:30 that over from your credit card, turning off your credit card billing and uh and

13:32 off your credit card billing and uh and

13:32 off your credit card billing and uh and then you know getting your zel payment

13:35 then you know getting your zel payment

13:35 then you know getting your zel payment and then adding it to the back end of

13:37 and then adding it to the back end of

13:37 and then adding it to the back end of your uh current

13:39 your uh current

13:40 your uh current um yearly subscription for whenever that

13:42 um yearly subscription for whenever that

13:42 um yearly subscription for whenever that expires. So, um

13:47 expires. So, um

13:47 expires. So, um I think that's it for the the week. Um

13:51 I think that's it for the the week. Um

13:51 I think that's it for the the week. Um again, you know, everybody doesn't have

13:53 again, you know, everybody doesn't have

13:53 again, you know, everybody doesn't have to rush to to get their next u yearly

13:56 to rush to to get their next u yearly

13:56 to rush to to get their next u yearly payment in. We got lots of months. The

13:58 payment in. We got lots of months. The

13:58 payment in. We got lots of months. The the earliest anybody's going to need to

14:00 the earliest anybody's going to need to

14:00 the earliest anybody's going to need to renew is December. So, there's no huge

14:02 renew is December. So, there's no huge

14:02 renew is December. So, there's no huge rush. And if you're all the way out to

14:04 rush. And if you're all the way out to

14:04 rush. And if you're all the way out to March, you know, you you can wait three

14:06 March, you know, you you can wait three

14:06 March, you know, you you can wait three or four months before you need to take

14:09 or four months before you need to take

14:09 or four months before you need to take care of any of that.

14:12 care of any of that.

14:12 care of any of that. Uh all right. We'll see what happens

14:14 Uh all right. We'll see what happens

14:14 Uh all right. We'll see what happens next week. Should be interesting with um

14:16 next week. Should be interesting with um

14:16 next week. Should be interesting with um with the FOMC meeting and um as I said,

14:21 with the FOMC meeting and um as I said,

14:21 with the FOMC meeting and um as I said, we're getting a little bit little bit

14:23 we're getting a little bit little bit

14:23 we're getting a little bit little bit mature in the gold cycle. You know, next

14:25 mature in the gold cycle. You know, next

14:25 mature in the gold cycle. You know, next week could could definitely trigger a

14:29 week could could definitely trigger a

14:29 week could could definitely trigger a half cycle low. If we get a you know,

14:31 half cycle low. If we get a you know,

14:31 half cycle low. If we get a you know, some out of the blue days that take us

14:33 some out of the blue days that take us

14:34 some out of the blue days that take us to 49 in in silver, then that would be

14:36 to 49 in in silver, then that would be

14:36 to 49 in in silver, then that would be where I would take profits on those

14:39 where I would take profits on those

14:39 where I would take profits on those November calls. But then I think that

14:41 November calls. But then I think that

14:41 November calls. But then I think that would set us up to to really collapse

14:44 would set us up to to really collapse

14:44 would set us up to to really collapse the suppression and probably go through

14:46 the suppression and probably go through

14:46 the suppression and probably go through $50

14:48 $50

14:48 $50 um

14:50 um

14:50 um during another the next cycle. And if if

14:53 during another the next cycle. And if if

14:53 during another the next cycle. And if if that's the case, then I think uh once we

14:56 that's the case, then I think uh once we

14:56 that's the case, then I think uh once we get a daily cycle low, I would I would

14:59 get a daily cycle low, I would I would

14:59 get a daily cycle low, I would I would be willing to um put that leverage back

15:03 be willing to um put that leverage back

15:03 be willing to um put that leverage back on again. We'd probably go out to March,

15:05 on again. We'd probably go out to March,

15:05 on again. We'd probably go out to March, give ourselves plenty of time just in

15:07 give ourselves plenty of time just in

15:07 give ourselves plenty of time just in case. But I think um at that point if we

15:10 case. But I think um at that point if we

15:10 case. But I think um at that point if we were to go to 49 and then get a daily

15:12 were to go to 49 and then get a daily

15:12 were to go to 49 and then get a daily cycle low that maybe brings us back down

15:14 cycle low that maybe brings us back down

15:14 cycle low that maybe brings us back down to 42 or 43, I might be I might be

15:16 to 42 or 43, I might be I might be

15:16 to 42 or 43, I might be I might be interested in in putting that full 20%

15:19 interested in in putting that full 20%

15:19 interested in in putting that full 20% leverage back on. But we'll we'll cross

15:22 leverage back on. But we'll we'll cross

15:22 leverage back on. But we'll we'll cross that bridge uh you know when we come to

15:25 that bridge uh you know when we come to

15:25 that bridge uh you know when we come to it if it materializes. Um we would need

15:27 it if it materializes. Um we would need

15:28 it if it materializes. Um we would need to see some out of the blue days early

15:29 to see some out of the blue days early

15:30 to see some out of the blue days early next week in order to kind of set that

15:32 next week in order to kind of set that

15:32 next week in order to kind of set that up, but it might happen. So we'll see

15:35 up, but it might happen. So we'll see

15:35 up, but it might happen. So we'll see what see what uh transpires uh next week

15:38 what see what uh transpires uh next week

15:38 what see what uh transpires uh next week after the FOMC meeting.