🔴 WATCH NOW! 🤯 No One Is Talking About These Investing Ideas! 🚀 | John Polomny #video

✅Click here for your EXCLUSIVE $1000 DISCOUNT TO CAPITALIST EXPLOITS: https://capexinsider.com/capital-cosm/?orid=36010

Follow me on Twitter: https://twitter.com/CapitalCosm

Follow John Polomny:
X: https://twitter.com/JohnPolomny
Website: https://actionablenews.substack.com/
YouTube: @ActionableIntelligenceAlert

#investing #market #stocks #energy #inflation #valueinvesting #value #gold #trading #mining #trending #stockmarket #goldsilver #goldstocks #realestate #silver #commodities #platinum #finance #oil #commodities #money #china #profit #oil #gas #uranium #coal #copper #naturalgas #nuclear #sil #silj #inflation #resources #valueinvesting #lithium #uraniumstocks #lithiumstocks #nickel #COPX #URA #URNM #Sprott #SPUT #gdx #gdxj #oilandgas #oilservice #miningstocks #machinelearning #ai

Disclaimer: The content provided in this video is for informational purposes only and is not intended to constitute financial advice. The creator of this video is not a licensed financial advisor, and the information presented should not be considered as professional financial, investment, or legal advice. Viewers are encouraged to conduct their own research and consult with qualified professionals before making any financial decisions. The creator does not guarantee the accuracy, completeness, or reliability of the information provided, and shall not be held responsible for any actions taken based on the content of this video. All investments involve risks, and individuals are solely responsible for their own financial decisions.

DISCLAIMER: This description may contain affiliate links.

Music track: 80s by Aylex
Source: https://freetouse.com/music
No Copyright Music for Video (Free)

So what did you do through a 10-year period through a market cycle how did you come out of the other end cuz if you walk down the street and find a diamond ring that’s worth $10,000 does that make you a good investor no it doesn’t makes make you were

Lucky yep and some people say I’d rather be lucky than good yeah then take your profits and retire so that was a sector that was down 95% and it’s already started to recover but I think you’re going to need some movement on the politics and then the money’s then the

Big money then Al Trier will come in bti will come into the market constellation with the beverages you’re going to see a big growth in uh a lot of uh uh infused beverages uh going forward that’s already happening so I think there’s opportunity there societies go from less

Dense power to more dense power they don’t go the other way you go to the Netherlands and they have windmills there from the 14th and 15th century they’re museums they don’t grind grain with them anymore the steam engine made them extinct and so we went from the

Steam engine to diesel to now we’re you know in the nuclear age uh we don’t go to less diverse so uh I think now that people are realizing that especially like I said the global south and east are rationally thinking about their energy policy and that’s where you’re

Seeing the grow the explosion and growth hey guys welcome to Capital cosm today we have a special returning guest on the show it is Mr John palmy John thank you for coming on my friend happy to be here excellent my third third appearance I think yeah hatrick there you

Go okay great yep so as always guys nothing in this video Financial advice neither John nor I are financial advisor so please do your own due diligence John let’s just take it away right off the gate what is your general view of the market at the moment you’ve got gold

That’s sitting at record highs you’ve got Bitcoin skyrocketing up 72,000 what is going on a lot of confusion uh so you also H uh didn’t mention in there I mean a lot of times I’m a a disciplinarian around intermarket relationships and so when we see gold breaking higher we see

Obviously um Bitcoins making uh new all-time highs um these things are typically you’re also seeing some of the other Commodities starting to strengthen so uh typically that happens in a time where you have excess liquidity or the dollar weakening things like that but we’re not really seeing that right we

Still have fed funds rate above 5% um we have the stock market near all-time highs we have real estate near all-time highs even though we’re starting to see weakness in different uh uh areas and housing around the country so it’s kind of a um I have to say uh

It’s kind of like I’ve been listening become a fan of like Jim biano he’s talked about this you know a lot of things changed I think during the pandemic and I think maybe we’re starting to find out that a lot of things that applied you know were pretty

Obvious like okay you raise rates so many times and then you know the market usually rolls over or you know these things aren’t necessarily happening like we thought before just because of some of the things like uh they’ve raised rates all around the world but in the US

For example we’ve had this explosion of fiscal spending it’s unprecedented it’s at wartime levels deficits and so maybe that’s taken the place of the previous so you’re offsetting the the the rate so um I think there’s a lot of uh I think there’s a lot of uh things that

Are not holding up as they used to and so I uh happy to talk about it but uh just like you mentioned I mean um that’s kind of the US uh I would say that Europe is probably in recession Japan’s close to recession China’s having some

Issues but I think that a lot of place place where I really have a lot of my focus which is in the emerging markets and Frontier markets especially in the global south and east um they’re actually doing fairly well in a lot of these smaller countries that lot of

People don’t have on their radar screen so happy to discuss that and and and my views on that but uh yeah I mean that’s kind of my I I think that a lot of people there’s a lot of confusion out there because like things aren’t really

Working like they worked in the past so um you know you have the dollar kind of holding up but yet Gold’s making new all time so what’s so I asked myself what is gold telling me you know what is you know U I’m not going to get into too

Much into Bitcoin I kind of look at it you know it really does what well when there’s excess liquidity but we also have this uh you know more interest in it as this haling haling however you pronounce it it’s coming up so I’m not an expert on that but I think that uh

Some of these things are starting to tell us something uh that we we may be remember these markets are always going to be forward-looking so there what are they really trying to tell us and I think it’s going to be um what I’ve already suggested in my newsletter and

Been talking about and been tracking you know the majority of central banks around the world now not the big ones like the EU or the ECB or the FED um they’re not cutting rates yet but you know just about all the central banks in Latin America many central banks in

Different areas around the world have been cutting rates for a while as they have got their inflation rates under control and so you’re seeing Global PMI now purchasing matter index at 50 and Rising that usually bodess well for Commodities um and eventually the US and

I think the EU will you know enter into the uh rate cutting cycle and have the additional liquidity so I’m a big big on liquidity in the short and medium term and I think uh but again I think the old rules don’t necessarily apply you just say well you know we really shouldn’t

See gold making new highs with you know rates still you know real real rates being as high as they are so like you have to ask yourself what what else is happening out there yeah so you mentioned gold there let’s just dig into that for a bit what do you think gold is

Doing what do you think gold is trying to tell us so this is when we start drifting into world events right I I have a view that um we are in World War III right now it’s not you make a statement like that I make a statement like that people think that’s

Provocative but um what I’m saying is is that we have this bifurcation between we have the the emergence what I’ve said before of the global south and east has happening over time and their their value systems their what they want to do is um what they want to do is diametrically

Oppose to the current hemon which is the anglo-american European uh hedgemon that’s been basically controlling the world or being the leader of the world and now that’s starting to fade and you’re having this other group of folks like you know when I started talking about emerging markets or the first

Iteration back in the early 90s they called these places tiger cubs you know Thailand Malaysia all these places were growing real quick now you have countries like you know India was a Backwater China was still kind of just starting to emerge they didn’t have the economic scale to

Be to have a global footprint they now have that you’re talking about China having depending on how you want to measure it having a GDP similar to ours India is on the rise they have 7 8% growth every year these are large populations you talk about a country

Like Indonesia most people don’t talk it’s 200 million people there you know all these places uh are trying to develop and and entering their s-curves of their development where they have emerging middle classes wealth is being created as and as a result of that they’re going to have more of a presence

On the world stage as the percentage of these economies of the total you know starts being relevant they they are going to have you know foreign policies they’re going so these things are I think what you have is some teenageer some little kids look at in a family

Right you have kids they start growing into teenagers they start becoming rambunctious they go into adulthood and there’s sometimes conflict because you have this old Power base that’s been in power for depending how you want to talk about it in Europe and the US for the last several hundred years is now

Arguably in Decline which I really that’s a whole another conversation and then you have this other group of people that are emerging and they have you know the they are cooperating more and more uh and that’s necessarily could be to the detriment I don’t think it should be

Or has to be that way but that’s what I think people have chosen uh chosen sides and I think that’s what you’re seeing so um when you talk about gold um the uh the biggest mistake that the United States ever made was confiscating Russia or kicking Russia out of the Swift

System uh and confiscating their $300 billion do in assets they sent a message to everybody else around the world Iran Saudi China anybody else that if you get even during World War II and how evil the regime was in Germany the United States did not confiscate Germany’s

Assets either did the UK okay it’s this is unprecedented and so it has sent a message that the us is going to weaponize the Dollar the us is going to pull out all the stops use its military use its dollar use its economic uh weight to influence things

And people feel that the rules-based international order means whatever is best for the United States at that particular time and so I think a lot of people have said you know what I don’t need to be holding a trillion dollars in treasury bonds I don’t want to end up

Especially when you have take China for example what I always try to look at this put my Sho put myself in their shoes the Pentagon and people in the state department and people in the permanent bureaucracy in Washington DC have declared China an enemy they have sent that message they have told the

Pentagon to prepare for a war with China China hears that they know more about it than we do they probably spy on the Comm so why would you want to hold a trillion dollars worth of Treasury bonds US Treasury bonds if you’re China and so what I think this is long-winded but I

Think what you’re seeing is the last two years you have a record amount of foreign Central Bank buying of gold and so these people they can’t put all of their reserves in Gold but they are slowly but surely you know de divesting themselves to be uh to be in a position

Where that can be used as a weapon against them a financial weapon and I think that’s what you’ve seen and I think now you’re seeing more and more Bond uh of gold just as central banks around the world it’s not retail in the US I guarantee you that uh it will happen

Eventually but I think that’s what it is it’s just been this uh upward constant buying pressure by central banks as they slowly but surely use it as a divers diversification away from the dollar I think that has a lot to do with it and I think you know you see the Divergence in

The Shanghai index versus the comx here in in the west as well like that’s tell you something too so I think that’s you know that’s a large part of it and I think that you know now that we’ve broken some technical I mean you could get in talk to other people that are

More technically Savvy but I can see a you know 10 year cup and handle I mean Gold’s going substantially higher over the remainder of this decade I mean why couldn’t it go to you know 4,000 5,000 why not 10,000 who knows you know what I

Mean so um it’s going to go higher it’s a store of value central banks uh look at it that way and I think you know once it enters a a known bull market and confirms that will start drawing more interest from Traders and Retail and other folk hedge funds right

Now it’s probably where uranium was I hate hesitate to say this but it probably it’s not probably the similar same upside but smells exactly the same as you know you’ve had this breakout to new highs and the gold stocks haven’t basically done nothing so there’s still

An opportunity there you have not to not to use a thought fallacy of saying just because Stan Dr and Miller and other folks and Elliot you know group have bought some gold socks but you know money’s starting to move in because they see the value there I mean Stan der

Miller bought Newmont and baric and I know Elliot uh they bought they bought some gold stocks so I mean you’re starting to see the smart money move into the large cap stocks and then that’ll eventually I think once those get into a confirmed B market then you’ll start seeing the interest in a

Lot of the Juniors I mean the juniors are bombed out so I think you know if you missed out on the ground floor of the uranium situation it may behoove you to uh a person to take a look at some of these gold stocks they uh they’re probably where uranium stocks were three

Years ago yeah so Uranium on the topic of uranium Ur already seeing at $91 a pretty strong correction from the 10 some odd dollars we had few weeks ago is this just a normal correction that we are accustomed to with uranium or is there more to the story

Here so everybody focuses on the spot Market they shouldn’t do that because if you listen to I sent out a couple of good interviews I didn’t get a lot of play I don’t know why but mik Mike Alin and the guy that runs Tribeca down in Australia they were on a panel together

And they just went through Mike Mike said his hedge fund actually buys physical R he said there’s seven or eight traders that trade 100,000 pounds amongst each other people need to focus on the term Market people need to focus on the supply demand fundamentals yes you’re you know we’ve a

Lot of other folks have said the same thing if you focus just on the uh spot Market you’re going to miss what’s really happening here that spot Market’s going to be volatile up and down uh and uh if you really understand if you listen to you know Justin Hune or cuppy

Said the same thing these guys are like talking to the actual Traders and there’s only a few of them and like I said they somebody you know the USCS or somebody Olympic Dam comes up with a couple hundred thousand pounds they throw it on the market and these guys go

Back and forth with it that’s not really what’s the main factor the main factor is is the uncovered utility demand over the next decade which is monstrous at this point it cannot be filled I don’t see any projects coming on Greenfield projects being built and uh you’re just

Going to see I think a gradual um climb in the in the term Market over time uh it’s just the requirements are growing the demand requirements and the supply is just not coming I mean when’s nextg going to build their mind I mean exactly that’s supposed to be 30 million so you

Had Encore turn their mind on down here in South Texas okay that’s great A lot of these other Brownfield mines are going to come online but all total they might total five or six million pounds here in the US okay Langer Hinrich uh you know it’s coming online right now

Boss is mine in Australia these are rinky dank in the big scheme of things you need that nextg M arrow mine 30 million pounds a year I mean you’re just seeing the Gap overtime grow as you see more and more announcements of reactors and you just don’t see anybody saying

Yeah I’m ready to build commit $2 billion to building this Green Field mine I mean you have the properties in Namibia um nobody’s built buing them though there’s no where’s the money and so you have you know daa is probably the only Green Field project that’s in Niger

That’s moving forward as we speak so other than that I mean that’s what I think people should focus on they get pulled into the shiny object again which we’ve talked about before it’s $106 a pound you know and then everything blows up on on uh X or Twitter and I get it

You know and then people come in and they get excited they buy at the top the they get rug pull they’re down 30% because they really don’t understand the fundamentals of the market and then they get discouraged and then they you know piss and moan about I I’ve said this before I’ll say

It again the Fidelity mellan Fund ran by Peter Lynch they did a study they were one of the best performing stock funds in the 90s and early 2000s same thing with the CMG fund that was run by Ken heeder they were some of the best performing uh they were averaging like

In mellan they were averaging like into the 20% per year Returns the CMG fund was like 18% a year and the average investor in those funds lost money why because they always bought at the top when they were in the news and then sold at the bottom so you were compounding

That 18 to 20 in one fund and 25% or something like that a year for a decade and most of the retail investors lost money how have you lost money in this uranium Market well if you bought at the top when the Twitter blows up and then

You get rug pulled that’s how you lose money then you swear it off then you piss and moan on I I I don’t even engage there’s so many uranium Bros now with all kinds of whacked out views guys you’re in a bull market here’s what you

Do in a bull market okay you look at the range of what when something sells off you buy you buy on dips that’s what you do in a secular bull market that’s how you become massively wealthy and so and then you have to sit on your dead butt

Not going to use swear Wards anymore uh and you just grind it out just sit there when you get another big pullback like this 40 50% on some of these stocks you go in and buy you buy some more I mean if you even if you want to just dollar

Cost average but that’s not what guys do they’re going to trade it okay well that’s how you lose money uh you you’re in a bull market nothing has changed except for the fundamentals got better have get better like every month every week and so just if you don’t have a

Position you just wait for you know a pullback and then you you know you should already have your buy list and then you go in there you know if somebody loved uranium uh XYZ stock at $4 and then it went to two and nothing changed fundamentally with the company

You know if you liked it at four don’t you love it at you know I like canned peaches and heavy syrup if they go on sale at Kroger at 50 cents a can and they usually are $150 I tell my wife to buy 20 cans I I don’t know this is like

Common sense to me so uh that’s what I would suggest people do nothing has changed fundamentally this is going to be a multi-year situation until you see big mine like Aro come on or Kazakhstan actually get their act together or you see the governments come in because you know you start seeing

Drates of reactors because they run out of material and they start like hinting that they’re going to force you know yellow K can sput to sell those would be signals to be wondering if we’re at the end we’re no near that so that was long-winded I’m just I’m just tired of

Talking about it because it’s I don’t it’s like don’t people like do the research and understand the fundamentals I mean if you’re trading I don’t go look on the Forbes 500 there’s not many Traders on there uh I’m talking about the for you know wealthiest people

They’re mostly you know you either buy a business and create it and build it or you invest in public businesses and own shares in that’s what you do that’s how wealth is created and you just got to be patient and people aren’t patient people don’t even like they get math they got

To sit in Chick-fil-A line for 10 minutes come on now you’re asking somebody to buy and hold uranium stocks for 5 years they they don’t want to do it yeah the average holding time for a stock has gone down from 10 years to six months within the span of the 1960s up

Until today I’ve told people I’m not going to talk about my personal situation but I told people at the start of this this say that this bull market if it’s if you do it correctly can set you up for your life and your children’s life you can add a couple

Zeros to your net weal your net worth and uh if it’s played correctly so I mean I think it’s I I I think the fundamentals are you know and let barring a another Fukushima or Cher Noble you just buy on dips and hold you know you got to keep an eye on the

Individual companies because anything can happen right mining’s hard saw with Langer hrich they were supposed to start up in q1 now they’re pushing it to Q2 because mining’s hard so you got to keep an eye on these individual companies and make sure they’re doing what they say

They’re going to do but you know I mean that’s that’s why you should have some diversification so you don’t get knocked out of the box on just one name yeah I think big takeaway there is not to get too cute with the stuff like yeah it’s very simple the vast majority of the

Public the vast majority of the public does not hold on to these stocks for any great amount of time the way you can get an edge is by actually doing the opposite of that right so there there will be a time to sell it’s not now it’s down the line

I mean yeah these aren’t cocaa Delta Etc these are not buy and hold for the rest of your life like Warren Buffett stocks you know these are cyclical there’s going to come a time to to sell and then the cycle reverses acts in Reverse until we get to the next full Market you

Mentioned I first diversification are there any like hard and fast rules that you play around with when it comes to diversification like do you not invest above a certain percent allocation when it comes to a stock or a sector or is it really just kind of dependent upon

Holding what I do and I’ve told people to do every stock that I own I have written down why I own it and I look at them as businesses some of them are cyclical businesses some of them are turnaround some of them are long-term Holdings and so I have certain

Parameters that I have expectations for what the management has said they’re going to do in some cases and uh then I will hold on to that business until until uh that’s not happening anymore or until I find another business that I think has better prospects and then I

Can sell down but I don’t have any hard and fast rules no I mean uranium is my probably my biggest just because of the way it’s grown uh allocation right now in my own portfolio yeah and I’m comfortable with it because I’m I own some of the ETFs I own a lot of

Individual shares I own some of sput I mean I’m ha but I bought this stuff you know years ago so you know I when I leave of it that’s going to be you know that’s a different story you know what I mean I don’t like paying taxes either

This thing has a long way to go so that’s it yeah I saw an um an interview with I believe his name is perander perander but he yeah yeah so he said this is this bull market was more like the 1970s bull market than it is the

2007 bull market in the sense that this will be more much more prolonged whereas in the 2007 bull market it was just a huge Spike up euphoric Spike and a big crash down exactly you didn’t have the supply demand Gap that you have now you didn’t

Have the growth in new reactors you did in the 70s right that’s when it was blowing up the industry France was building out their Fleet we were building out our Fleet now you have all of that happening in the emerging markets and slowly but surely I would

Say it’s without a doubt that the Zeitgeist has changed that everybody understands what a lot of us understood years ago when Malcolm rollinson and I had the original conversation about this is that societ in V VAV schme talks about this societies go from less dense power to more dense power they don’t go

The other way could go to the Netherlands and they have windmills there from the 14th and 15th century they’re museums they don’t grind grain with them anymore the steam engine made them extinct and so we went from the steam engine to diesel uh now we’re you

Know in the nuclear age uh we don’t go to less diverse so uh I think now that people are realizing that especially like I said the global south and east are rationally thinking about their energy policy and that’s where you seeing the grow the explosion and growth

And I predict I’ve predicted this before Germany will eventually reverse their decision and they will build reactors their reactors were built very well top technology and they had top operational uh that was the dumbest decision in the history of of man uh of mankind I I I

Think that eventually that will be when I we can all declare you know because it’s just a physics and math problem and the only thing stopping a lot of this is just political will hey guys quick pause I won’t take too much of your time but I

Just wanted to let you know that if you want to use and read the same newsletter that I do capitalist exploits we have a special $11,000 discount exclusively for Capital cosm viewers of this channel you simply have to click on the link down below get your $11,000 discount super stoked about

This I discovered Chris and Brad’s newsletter capitalist exploits four years ago it set me on my investment journey I attribute a ton of what I know to that newsletter so if you haven’t already check them out click the link down below to learn more take advantage of this

$11,000 discount you’re not going to find it anywhere else all right now let’s get back to the video yeah that was just about the bottom of the nuclear fuel cycle just about put a pin in it right there so it’s like um like with for example I I mentioned this to Steve

Barton I I had him on the show a couple of weeks ago and he’s really heavy on coal I’m bullish on coal as well but I mention the fact that really the bottom that you saw in the coal Market was when that ETF KO got taken offline and

Ironically enough a month after that is when you started seeing Cole start to Rally so it’s like when when when things like this occur you know that’s usually your sign of a bot process in much the same way that when your Barber or your taxi cab driver whatever starts talking

About their stock portfolio that’s usually a sign of a of a top so there’s certain markers you can kind of point to it actually happened with Ur several years ago um they weren’t attracting I mean these companies They Don’t Really Care the fund management companies they just want

Assets under management so that was wilting away in the Sun the the Ur So they actually started buying like Hyundai Samsung companies that had like some nuclear division they were buying Barrack they were and so they had to reverse that a couple years ago if people remember they said we got to now

That this thing’s happening we’re going to we got to make it pure uranium again which is what they did so those are excellent contrarian indicators you’re absolutely right um and you will see also at the tops a lot of times it’s not these are not hard and fast rules

They’re just little things that people should incorporate a lot S at the top yeah at the top you’ll see a plethora you’ll see you’re already starting to see it right now where you’re getting more and more Juniors come to Market with uranium in their name and if you

Follow the corporate structure it was you know moose pasture Gold Mine Saskatchewan uh oil and gas I mean they didn’t doing they’re just shells and then they get reborn with some recycled moose pasture and they’re going to drill for Uranium so you have to be cognizant

Of that I mean how many real uran competent uranium geologists and development teams are there in the world really not that many actually so I caution people you’ll see at the top of the last Mark there’s 500 companies with uranium when the thing bought them there was three companies International

Uranium camoo and one other one and that was it that were publicly traded and then we ended up with 500 so those are little like you said contrarian Clues yeah what do you make of all of these narrative we’re starting to read about how Ai and like the data centers you

Know channeling these AI computers and even Bitcoin mining in crypto are leveraging way more energy than it’s going to increase our energy consumption by a significant margin so much so that we would you we would it it can be seen as a nuclear play do you

Think there’s any uh truth to that yeah I mean you’re already starting to see I think I saw the other day musk actually talked about it in a well I guess they call them tweet still in a tweet and I also saw I think it was Amazon is

Talking to someone about putting an AWS facility right next to a nuclear field I will tell you this uh just like where you have renewable energy that’s in areas like where there’s wind farms here in South Texas or even um you’ll have guys that because of the congestion on

The transmission line they have to curtail the machine which shut it down even though it’s capable of producing because you can’t get the power out of here uh because there’s too many units and not enough transmission and so people have these skid mounted Bitcoin mining they do the same thing in the

Peran instead of flaring the gas they bring a gas generator there run the gas through it make electricity then power skid mounted Bitcoin so yeah there’s there’s this stuff is going to happen it’s going to continue to happen Dow Chemical uh down in freep Port uh you know in the chemical processing you

You’ll bring in natural gas gas burn it in a gas turbine make electricity the heat from that goes into a heat recovery steam generator you make Steam for the chemical process and they’re going to replace they’re already working towards I think in the next three to five years

To have you know initially have these um smrs there instead so they they can get rid of all the the natural gas uh production so you’re going to see more and more of this um that’s why I’m very bullish on like I said barring some major nuclear accident or if we self

Emulate ourselves in a nuclear War I don’t see anything stopping this I mean this is a multi-year deal yeah in the case of the ladder you won’t even be around to you’ve got bigger fish to fry at that point than yeah that’s my point yeah so but uh yeah yeah so let’s go

Ahead and pivot over to bitcoin we mentioned Bitcoin mining here I know you’re not a big expert on bitcoin but Bitcoin is also sitting at an all-time high is it sending us signals that is it more of a liquidity thing is it a sign that liquidity is about to enter the

Market has it already entered the market are they front running the FED is it just the having cycle what do you think is going on there so probably the one of the things is the ladder somebody the other people can speak to that there’s certain things that happen around these

Halin however you pronounce it um but I think that yeah and I think I track Global liquidity and Central Bank activity it bottomed um in the summertime like in July Global liquidity um it’s been so I think that these things uh I do consider it’s very big

Coin has been very sensitive in the past to liquidity flows and so I think that um uh you know and then again it’s a very and I don’t want any of the Bitcoin people to get upset with me but I think it it really lends itself to fomo type

Situations when it gets moving it draws in a lot of interest and so a lot of money comes into it I think it has I’m not with like some of these other Boomer guys that I see on CNBC I do think it has a use case I’ve used it before it’s

Very useful for transferring money around the world um as a matter of fact I used to work for a company that was extorted out of be some Bitcoin that somebody got in and hacked into our control center took over some of our plants and they actually had to pay out

Some Bitcoin so uh there there’s there is a use case not saying criminal is a good use case I’m just giving you an example this idea that it has no use is ridiculous uh do I think that’s useful for transaction no but it’s probably because of the um um nature of its natural

Deflationary inbuilt deflationary um which is what a currency should be right I mean you shouldn’t be this idea gold yeah the gold mining phenomenon yeah so and I think the thing that the thing that impressed me was is that I caught on to um early on this why I kind of

Just been in and out of it playing around with it is the fact that a lot of people that were gr grew up on computers or smartphones um I’m talking about people younger people Millennials and stuff that’s not a problem for them to transact in it or find use cases for it

They’re comfortable with it and you know this is the growing cohort so um I think it has it has good store value and I’m concerned about a couple things I you know you do need a power grid people say well Cold Storage again we’re back to

The thing if you go into you know an EMP event but like you said you’re going to have bigger issues so I think just as a normal course uh I think it has it has a role in a portfolio and obviously when you rolled the ETFs out um now you’re going to get

Institutional money coming into it you know so you’ve seen the growth of the ETFs that they have they’re proliferating like mushrooms after a rain so that’s the same thing that happened with gold when the original ETFs came out um more it allowed more liquidity you know I’m not suggesting

People should go that route but I’m just saying that’s you know it allows that more institutional money if you’re an Institutional money manager or family office you can’t just you know you’re not because of the custody rules and the way that you have to do things you’re

Not going to go and like you know U build a faraday cage around yourself and put it into cold storage and then you know write down your key turn uh you see what I’m saying that’s that’s good for you know Reddit and you know Off the Grid people but normal transactions are

Not done like that in Money Management so that’s why this I think the ETFs were a good Boon but I I I think that it will continue to move higher it will continue to do what it’s normally done it will make new highs and then go you know get sold off and then

Make another new I mean it’s just going to continue to do that because the supply is going to shrink over time and uh you know I I I don’t think you’re going to go be buying pizzas with it it’s just like like I said for transferring large sums of money and for

A store of value and things like that but you know um I was actually shocked that the US government actually approved the ETFs I think it’s positive um I think there’s some other things going on behind the scenes but uh I I I I think that that was an interesting

Development and it just broaden the the the available uh pool of money so it’s becoming an asset class now and I think that’s positive yeah what do you think of the prospect that we’re in sort of this Yar Republic stock market in the sense that the economy might be going

Down might you might have this in Hy hyperinflationary even though we’re not in hyperinflation now but nonetheless the markets are just going up with inflation so in the yart Republic you had hyperinflation you had economic Decay but the markets kept going up albeit they never tracked inflation they they only went up

Nominally so do you think we have something similar to that ongoing at the moment is that why the market just keeps making new all-time highs I think it’s just it’s an overvalued stock market and it’s narrowing its breadth because I think if you look at the Russell or some

Underlying metrics a lot of stocks haven’t moved higher you have this focus on it’s the same thing that we saw look we had the same thing in two thou in 1999 2000 right we had uh everybody wanted to be in Cisco or JDS unase look

At a chart of Cisco or chart of JDS unase that’s exactly what’s going to happen to Nvidia and some of these other stocks it’s just going to happen Microsoft was a darling back then too okay it was overvalued it’s a business you know if I wanted to buy a laundry

Mat and it cash flowed $10,000 a month I’m not going to pay $3 million for that stream of cash flow and so people get caught up in this I I get into these arguments all the time you don’t understand AI I understand I use AI

Believe me I use AI for a lot of things okay I’m on board with AI I understand the chips but I also understand that something has to you know I buy into a business because I want to have a portion of the future cash flow streams

Okay and so what we have instead is we just have a bunch of fomo we have a bunch of overvalued stocks that are moving up and so you know nobody wants to be at you know Thanksgiving with their ex- brother-in-law sitting there wearing the pants from one suit and the

Jacket from another one bragging to everybody about how much money he made in Nvidia or Bitcoin and that’s and then people go well this guy’s a jackass if he can do it I can do it that’s what a lot of this is is okay um you get into

The large rule of large numbers the market cap of Nvidia I have nothing wrong Nvidia is a tremendous company it’s an awesome company it’s a well-run company they’re riding a wave right now the market Cap’s $1.5 trillion doll last time I looked okay I can buy the entire

Energy all the energy stocks in the S&P 500 that’s Exon that’s Chevron that’s ocidental petroleum I go down the whole list I can buy schlum every Drilling anything associated with oil and gas I can buy five times over for what I can pay for so if I gave you $1.5 trillion

And said you had to buy Nvidia and hold it for 10 years or you had to buy the S&P uh energy stocks that are cash flowing and paying you dividends and are undervalued historically relative to the stock market and you had to hold them one of them for 10 years that’s the

Question you have to ask yourself that has nothing Microsoft’s a tremendous company too their earnings and continued to go up after 2000 the stock went sideways for 14 years because it was overvalued and it had to allow the earnings to catch up it had nothing to

Do with the actual Prospect and so you cannot get this to people’s head they get caught up in the easy money they get caught up in the uh emotion and they can I don’t even like talking about this with some of these people because they will say you just don’t understand

Boomer ngmi man okay that’s fine all with you I hope it works out because it didn’t work out for a lot of people then it didn’t work out in 2008 in real estate it didn’t work out in 1974 with the nifty50 in the 1920s RCA was the Nvidia okay they all everything that

Goes straight up goes straight back down it’s just I buy undervalued things and sell overvaluation there’s plenty of countries around the world you know I’ve told people a year ago bu Brazil my stuff’s up 40 50% there and it’s still undervalued okay in the middle of cutting rates they’re in a rate cutting

Cycle liquidity is increasing so what what what am I what am I doing here I’m trying to buy a business I’m not trying to you know gamble if I want to do that I’ll just go play I know how to play craps I’ll take odds and go for it

That’s what people are doing but you can’t convince them of it it’s it’s almost impossible I mean 1.5 the GDP of the United States a year is 22 or 23 trillion you’re telling me that Nvidia is worth 7% of US GDP yes because it’s AI well the internet was the AI of 2000

And they laid all this F and CIS everybody had to have a Cisco switch does anybody care about Cisco now it’s still a good company but nobody’s talking about it nobody talks JDS UNIF still exists nobody talks about it go look at the charts same thing over it’s the same over and

Over Vestor psychology playing out that’s just me though I’m I’m I’m that’s what’s worked for me I’m sure there’s guys out there that’re going this guy does no I I did the terrific I I’m glad it worked for you yeah take your money yeah it can’t like a oneoff you

Know getting it lucky being lucky one one time and it’s not that’s not replicable that’s not repeatable so what did you do through a 10-year period through a market cycle how did you come out at the other end because if you walk down the street and find a diamond ring

That’s worth $10,000 does that make you a good investor no it doesn’t Mak you were lucky yep and some people will say I’d rather be lucky than good yeah then take your profits and retire and and and and then go read some investment books because you you got to you got to be

Able to replicate this over and over and over yeah because the key thing is is that if you do repeat it over and over again the chances are you’re G to get you’re going to come out in the red more than you’re going to come out in the

Green like you might get lucky betting on a shitcoin or Co at one point maybe early on and then you try to replicate that over and over again by the time done you’re back in the red so so so what happens to these guys is they

They make a ton of money okay this happened to me before when I was younger and then you get married to this idea and you just think it’s just going to continue okay and and and then when somebody comes with an idea say well this is extremely over selling at 45

Times sales guys you know that’s like paying $4.5 million for your laundry mat that’s cash flowing 10,000 nobody would do that that’s crazy they said well you don’t understand because it’s AI John it’s going to revolutionize the world more than likely will but that doesn’t still has to uh you know what’s the

Value the internet revolutionized the world but we still had the 2000 exactly that’s the exact point so right so let’s go ahead and look at what are some of your highest and lowest conviction plays at the moment John well it’s not I know Nvidia is not

On the high list but you know no no no no no so I’m always going to be looking for the the goal of my particular Ser newsletter and service look I I’m 57 years old in two months so I have a lot of Investments okay I I have a different

View uh in requirements in somebody that’s 27 and so I don’t take as much risk the newsletter is geared specifically to do one thing find things that can go 3x 5x 10x okay so what do I see right now right now I mean uranium we caught that wave uh I think we were

One of the one of the few few people early on we were a little bit early okay I’d rather be early because that’s when the big money’s made um that’s done very well uh what am I what’s my next uranium I’m uh you know I was telling my

Subscribers uh before this moveing gold that start getting long on gold it was just the gold stocks are just too cheap they’re on they’re hated completely if you look at the the gold price relative to the gold stocks um I think they have uranium type uh ability to go up over time

Certainly um but you have to be careful there right because it’s the same it’s Junior Mining and I say you know why not just you know if I wasn’t going to be someone that was not going to be engaged just buy the royalty companies you’ll do

Well okay um what else am I looking at uh I like I eventually we’re going to see cannabis moved from schedule three or schedule one to schedule three drug um there’s I don’t like necessarily to get involved in the actual growing of cannabis but one of the things that’s

Very difficult for can I found a company that facilitates cannabis companies which is still like I said illegal at the federal level but they don’t they still are having a hard time getting into the banking system I did find a company that has navigated that and is

Providing that service so I’m bullish on like cannabis it’s eventually going to move from um schedule and schedule three uh schedule one you’re up there with heroin and methenamine right so you schedule three eventually it will be legal at the federal level over the next few years uh because the states are

Continuing to move in that direction um when you get rid of these Boomers that are in politics uh Gen X and Millennial politicians will just legalize it so I think there’s opportunity there but again you gotta pick your spots right because not you know I remember when I

Was growing up when I first heard about cannabis I go I’m not investing in this I used to know a kid he had three Pitbull cages in his backyard on concrete he’d squirt the crap out the back he threw a couple seeds back there and the things took off I like how hard

Is this you know you’re growing a weed you know so uh but it is more complicated and there is marketing going on and there is differentiation in the space and it’s maturing and so that’s a sector that was down 95% and it’s already started to recover but I think

You get to need some movement on the politics and then the money’s then the big money then alri will come in bti will come into the market constellation with the beverages you’re going to see a big growth in uh a lot of uh uh infused beverages uh going forward that’s

Already happening so I think there’s opportunity there I’m very bullish on some different countries around the world as far as the Emerging Markets I think there’s an opportunity there that usually goes in Cycles typically when the US is doing well Emerging Markets will be doing the opposite and I think

You’re starting to see a shift I think over the next 10 years the US market on a going forward basis is probably not going to do well and I think Emerging Markets various ones are do well I think that there’s this takes a lot of work

And you got to do some work Japan has totally changed their Capital markets you’ve had changes by the Ministry of Finance and the Tokyo Stock Exchange to they don’t do stock BuyBacks they just accumulate cash and stock there and the the managements are not focused on shareholder return and return on Capital

And things like that that’s changing now and so you’re able to buy companies over there that are selling for like 25 or 30% of Book value that are now saying okay um we’re going to all this cash and side Holdings of stock and other companies we’re going to sell that

We’re going to buy our own we’re already seeing that happen uh but that takes work you can easily that that would be like what Warren Buffett was doing back when he first started his partnership cigar but there’s a lot of net Nets there and double net Nets there and uh

The government basically has told people and the exchange has told these guys you got to start doing Capital returns you got to start getting the return on uh rois up and Roes up um and by paying more dividends buying back stock and there’s really good guys if you want to

Get involved with this there’s probably a half dozen guys on X right now they’re giving the companies away for free you go up you verify the information but again it takes work right and some people don’t they don’t want to do work so there’s an opp there’s opportunity

There I think that’s in the secular bull market just because of the change in capital uh way they’re doing things in Japan um so I think that’s a possibility but do I see something exactly like uranium no so I’d say uranium probably offshore services like uh your offshore

Vessels and Rigs and suppliers and then uh gold and then probably emerging markets and then the rest of the stuff I talked about but I don’t really see something as lucrative as much of a home run as uranium uh was uh I see a lot of possible three and five Baggers out

There over the next couple you know couple few years but you got to pick your spots what I normally do this people can do this they want to know how I do it I just go on stock charts and look at the new lows list and

I try to see pattern recognition of an industry that’s bombed out that doesn’t necessarily mean I’m going to buy it but if something’s down 90 95% in Industry I’m going to take a look at it right does it have an ability to inflect uh did it consolidate is this you know like

Like like happened in uh you know uranium or what happened even in oil services stocks a couple few years ago and so another thing I’ll do is I’ll go on Google Trends you can put in terms that it will it will say what I do yeah and I’ll

Put something like uninvestable in guess what keeps popping up Chinese you can buy Hong Kong property companies right now for double digit I’m talking about companies that have been in existence for 150 years Jardine you know uh what’s the other family there’s families that control these things that have been

There in intermar between the Scots that came there originally in Chinese they ain’t going out of business and you can buy these things for double digit returns and so that’s what I look for stuff like that and it’s like I like the country of Georgia the Republic of

Georgia there’s a there’s a vehicle that trades on the London Stock Exchange it’s like a mini birkshire Hathaway it’s selling that 50% of net asset value and they keep increasing the net asset value and the Georgian currency has been appreciating over the last two years against the dollar and the company’s

Just keeps rocking building up their businesses and buying back stock eventually they will uh you know they’ll close that Gap so there’s little things like that all over the place there’s a Bitcoin minor that has a Perpetual preferred that’s continuing to you know uh you can buy for very cheap uh they’re

Eventually going to have to you know if Bitcoin stays where it’s at um they’re going to do well they’re moving into the one of the companies I talked about that does this uh sets up mining to take advantage of curtailed power so there’s all these little niches you can find if

You want to do the work um and uh but I stay away from whatever’s on the front page I would you know I I don’t know anything about Nvidia so I don’t know anything about chips it’s not my thing I don’t know a lot about some of these

Things and uh so yeah I think those were some of the opportunities that uh I’m I’m constantly looking at but that’s how I find things it’s just looking for stuff that’s terrible and hated and nobody cares about right now I mean gold stocks are in that category right now

Gotcha gotcha well I think uh this is a good place to stop here John any last parting thoughts and where can people find you no I mean I think you know what I what I’ve tried to tell people before is you know constant education you have to educate yourself look at Market history

Because what you’re going to find is is that the psychology repeats itself because you’re dealing with human beings so the emotions of fear in greed constantly are coming and going in these markets and so if you could identify my motto that I say at the end of all my

Free emails I send out every week is SE sell overvaluation Buy undervaluation ation and so uh if you look at all the great investors that’s really been their Mantra I mean uh I think it was Seth claran or Howard marks I make my money when I make my when I buy it’s already

You know if you buy cheap enough the right thing that it’s inflecting you’ll you’ll make money so anyways I’m on YouTube uh just put my name in there and then uh on substack actionable intelligence alert we have a free email we send out every week uh where we talk

About these themes in general and then in the newsletter we get more specific into uh various ideas and people can if they are so inclined can take advantage of that fantastic so you’ve got a substack and a newsletter well I moved everything I moved the newsletter onto substack it’s just it’s a tremendous

Platform for that for that so it’s easy gotcha I’ll have to check it out so um great so thanks for coming on John if you enjoyed this content be sure to give it a like comment down below let me know what you think do you agree or disagree

With any of John’s points there there his His Highest conviction plays do you still think uranium is the number one play at the moment or could it be gold stxs let me know in the comments down below you can support the channel by subscribing liking the video or buying

Me a coffee link to that will be down below as well so with that said you guys I will see you in the next episode bye y’all