Investor's Edge with Gary Kaltbaum - Another good week in review [03.01.2024]

Episode Date: March 1, 2024

https://garykaltbaum.com/...

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Starting point is 00:00:26 VALA through 327. Selection varies by location. All supplies last. Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Cultbaum. And welcome once again to Investors Edge. I'm Gary Coltbaum, your host.
Starting point is 00:00:44 A thanks of being with us today. Glad you here, ladies and gentlemen. Happy that you are listening. It is Friday, March 1st, 2020. Weekend coming up. Flying out to Raleigh, North Carolina tonight, 9 p.m. flight, Delta. I love Delta these days.
Starting point is 00:01:03 They're such a good airline now. They've had their moments, but such a good airline. But more importantly, this is a show about everything that affects you, your life, your job, the economy, the markets, your money. And we cover everything from top to bottom, bottom to top. As we said, the markets, the economy, jobs, unemployment, taxes, deficits, spending, scam, shams, corruption, you named it, we cover it. with no agenda, no ulterior motive, no bias. Because when we talk about them, we can't stand any of them. But that's okay.
Starting point is 00:01:46 First off, if you do not get this show in your city, we will post it at garyk.com. We'll also post it our Twitter feed, which is now X. And if you don't follow us, go on X, put our name in. It'll come up. and you can email me. All you've got to do is be nice. I have to mention, as I said, the money show people,
Starting point is 00:02:14 finally asked me to do some things with them. Quite amazing. They asked me once, I told you, I think I told you this, did a thing at the Traders Money Show in Vegas. They only gave me room for 100, and they were like 200 people, and they never asked again. So they finally asked, and the first one we're doing is virtual. So if you want to sign up, I believe it's posted at garyk.com.
Starting point is 00:02:42 Excuse me. And it's also at my Twitter feed, the pinned tweet from me. I believe it's March 20th. It's 1130 a.m. live. It's only a half hour. Got to clear the throat. But we'll be covering lots of things. Ladies and gentlemen, we have been very succinct.
Starting point is 00:03:16 here. We have been to the point. We don't play footsie. We tell you what we see, what we think, and as always tell you it's your money you get to decide. And you never know when there are moments in time. You never know. You never know how bad things are going to get. You never know how good things are going to get. You just go with what you see. And what we do here is based on looking at a photo album for familiar faces. That's what we're doing. And when we tell you for years, while someone out there in my business, oh, you can't time the market.
Starting point is 00:04:14 Now you can't time the market. Meanwhile, we were out the whole bare market of 22 because we timed the market. Recently, we have been telling you about, and this really started January 8, But on January 5th, we had said to you that NVIDIA was setting up, five, six months, a range, and it was the most perfect chart we have seen in a very long time. And the next day, it broke out, we bought the hell out of it. It's now at $823 from 505. And normally, and I will tell you where I failed a little bit, but we really really
Starting point is 00:05:06 didn't. Normally, I would ask myself the question, well, what does that mean for the rest? Here is arguably the number one stock in the market in the AI space, artificial intelligence. Doesn't that mean others are going to follow suit? Well, dang. And we bought Facebook, Microsoft, AMD, Amazon. A couple of things we missed because they went too quick. And then we've been now pointing out to you recently, man, oh man, some of this stuff feels like 99. Just so you know, up until 99, we had a great internet market.
Starting point is 00:05:54 Just so you know, a lot of the internet stocks topped in 99 while the NASDAQ broke out in November of 99 and went crazy into March. And what I mean crazy is I've said to you. on this show. And we're not kidding. The last few stocks, let's just say we bought Qualcomm, it went up 100% in a day on the climactic run.
Starting point is 00:06:29 The breakout was at about 2,900. It was October 29th of 99, and amazingly, went from 2,900 to 5132, March 10th. That's in the NASDAQ index. And of course, it just carried a ton of stuff with it. And I just remember at the time things like Oracle.
Starting point is 00:07:03 From that breakout went up three and a half fold on that move. PMCCC that I can't chart now because it's gone. four or fivefold. It was insane. What's funny is if I recall Microsoft initially went up and croaked at that time. And man, we're just letting you know
Starting point is 00:07:40 a bunch of things are feeling 99-ish. Now, if it's true, they're going much higher. Today, NVIDI up another 32, Facebook up 13, AMD, up 10 after breaking out yesterday. Taiwan Semiconductor breaks out today. Netflix just had one on the move. Broadcom. We made money on it, and I let it go.
Starting point is 00:08:10 It was up 7% today, and I was going to buy it back today, but I realized they're reporting next Wednesday. I'm not, no chance. It was up 98 bucks today. I don't own it. I'm pissed. We're making a lot of money, and I'm pissed about what I don't have. we're just letting you know
Starting point is 00:08:28 it didn't stop today in spite of and let me use the word in spite of there's not a day that goes by where somebody or a few people are ripping on NVIDIA oh this is not no no no I saw people
Starting point is 00:08:45 when it was at 3 and 400 saying it's going to 100 and they're counting as bull crap so we're just letting you know it's still going and we've been getting a lot of emails from people wanting to buy me dinner for just the NVIDIA that we said. I mean, we harped on it. Move above 505.
Starting point is 00:09:08 It's 824. Over 60% since January 8th. And by the way, that's not the best mover. But it's the mega cap that's really leading. What else happened today? The whole semiconductors, the semiconductor complex. Sox was up 202 today
Starting point is 00:09:29 Dell said something about artificial intelligence Dell was up 30 bucks today to 125 even though revenues were down 11% Welcome to my world We'll let you know when it stops How's that?
Starting point is 00:09:47 Deal? You know how we'll know when it stops? Because we're a good at identifying tops And stalling and being done. And I can tell you flat out, in spite of what people say, let's just say they stop going up next week. Let's just say that happens.
Starting point is 00:10:12 They take weeks and weeks and weeks to top out and start breaking down. So we'll be ready if it happens, but for now, just another one of them days. And there's still a good amount of people that don't believe it. The only worry is I'm getting calls on it. From people that don't own any of it. I'm getting calls on crypto after huge moves to the upside. From people that have never been in crypto and don't even know what it is.
Starting point is 00:10:59 Potentially late stage, but late stage can go for months. So if anything changes, we'll let you know. But dang, another day. Up next, we'll continue. Lots to cover. I'm Gary. This is the one only Investor's Edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors Edge.
Starting point is 00:11:36 We're not just handsome radio people. We manage investors' money for a living, specializing in fee-based discretionary money management. No big commissions, just a fee on the assets that's managed. also provide a full range of personalized services, including retirement planning, fixed income, and educational needs, all to assist you in achieving your financial goals. Understanding not all individuals have the same needs, we'll carefully evaluate your personal goals to determine a proper investment strategy.
Starting point is 00:12:06 If your current approach to investing is not getting you to where you would like to be, call us to make an appointment for a complementary portfolio review. The number to call is 888-4-22-5-559. That's 888422-5-5-9. That's 888-4-22-5-59. Investment Advisory Services offered through call-bomb capital management. Hi, I'm Dr. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions
Starting point is 00:12:41 you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health with CVS pharmacist Victoria Motola. who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach ache every time that I eat. And it just becomes like a lifestyle where, oh, yeah, you know, I just, I have a stomach ache every day. Or I'm constantly feeling like gassy.
Starting point is 00:13:13 And all of those things are not something that generally, if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the Script, a podcast from CVS Pharmacy and IHeart Radio. Listen now wherever you get your podcasts.
Starting point is 00:13:44 Reese's peanut butter cups, they go perfectly with music. Podcasts. And welcome back to the show. Even nature sounds. Oh, and the thing where someone crinkles tissue and whispers at you. Hello. Look, I'm not here to judge what you listen to. I'm here to judge you for not eating Reese's while you listen to it.
Starting point is 00:14:06 Reeses. Ashley, go back to the nature sounds. Nice. Yeah, that's really nice. On Deck is built to back small businesses like yours. Whether you're buying equipment, expanding your team or bridging cash flow gaps, OnDex loans up to $400,000 make it happen fast. Rated A-plus by the Better Business Bureau and earning thousands of five-star trust pilot reviews,
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Starting point is 00:14:53 Investors Edge. The last bastion of quality programming. With Gary Coltbaum. It doesn't get better than this. And you want to hear crazy. I was almost tempted today, and I didn't, to buy more Nvidia. Because after it gapped up, it's been sitting, and what I was hoping for, go a few weeks of doing nothing and then break back to the upside.
Starting point is 00:15:32 It wasn't waiting today. It finished up with aftermarket. It's up 34 today. Without aftermarket was still up 32. And I keep getting asked where I think it's going to and I don't answer. I have no idea. We'll let it go where it wants to go. It just feels like it wants to go higher.
Starting point is 00:16:02 I also read today about some very smart people saying markets overvalued, sell. we don't need to listen. Markets going to tell us. That's our ammo. Our great ammo twofold. We'll never own bare markets. We'll never own downtrends. You know, there's a reason why we don't own Apple right now or Tesla or Oracle.
Starting point is 00:16:39 They're in downtrends. Bearish phases of different levels. Hershey's, we don't own it. There's a reason why. Bare market for Hershey's. and I gather that has to do with a soaring price of cocoa, which hurts their margins, I would guess. Right? And I got other things I got to tell you today.
Starting point is 00:17:12 Because as you know, we tell you we have the best eyes in the business. And sometimes we see things other people don't see. But other times, things just stick out like a sore thumb. When you have a chance this weekend, what we'd like you to. to do is go check out gold. Not the miners, the miners stink. Go put up GLD and look what it did today on huge volume, more than double. The high of January or end of December was 19318 for the GLD. It was up 364 today to 192.95 was actually above the 19318 before coming in. And then there's the P-H-Y-S, which is they say the physical.
Starting point is 00:18:09 That's right on the high of December. And more importantly, we are on the cusp of breaking out multi-year price on gold. Without the miners, just letting you know, the miners are weak as all heck. will they come on and get going? I have no clue. Will I own any? Not if I need the money with technology, but we're just letting you know.
Starting point is 00:18:48 Gold lighten up like a pinball machine today. I also want to let you know some housing names breaking out. Pulte homes, KB. Holmes, Lenar, three names breaking out today. Others not so good. Toll Brothers broke out on a gap last week and is actually a little bit extended. So you got a few housing stocks. Oh, I'm not done.
Starting point is 00:19:21 Oils. So we've been on a void on the oils for quite a while. For good reason. Very smart reason. Intermittently, there have been some names in the pipelines doing well and then they pull back. But I got to tell you, I got a few now that are sticking out. Will I buy oils? I don't know.
Starting point is 00:19:47 Tech is going to do better, but I've made money in oils in the past. And when you have a chance this weekend, go look at Tidewater, TDW. By the way, we're not telling you to buy sell short a cover. We're telling you what we're saying. TDW. That was on earnings. go look at WFRD Go look at CNQ Canadian
Starting point is 00:20:14 I believe we mentioned that yesterday didn't we? So some oils Interesting But the big thing that stuck Boy, the move and gold today And reasons Typically I'd go look and say Oh the dollar's getting crushed
Starting point is 00:20:33 But the dollar was only down a little bit today Wasn't a big deal Not a biggie Just let you know and it's incumbent upon you to go look at a multi-year chart on gold going back many a year because a multi-year breakout could be of consequence. Could be of consequence. So there's the gold.
Starting point is 00:21:17 There's the oil. But the story is the semiconductors. AMD broke out at 185 yesterday and closed at 203 today. You want bull market? There's your bull market. It was downgraded a few days ago by a Wall Street analyst. It's too expensive. They've been lowering numbers.
Starting point is 00:21:47 That's what the analyst said. The analyst forgot something. Market looks forward, not backwards. and Dell today, I believe, said something that really got it going. And that's where they had Broadcom today, which really somebody did the upgrade today on Broadcom and I'm left without it. Not a happy guy, which takes me to Apple. They were trying to save Apple again today.
Starting point is 00:22:23 Let me explain why. For a very long while, it's been holding that 180 level. By the way, very weak, very weak stock under all moving averages, but holding the 180. Hit 177 today. Late in the day, they got it back to 180, closed it just below. They're going to try and hold it. Why don't we own Apple? It is not a leading stock anymore for whatever reason.
Starting point is 00:22:53 For whatever reason. We do know Warren Buffett sold some, but he just owns too much, so I don't see that as the biggest deal. Maybe that has some people selling. I don't know. But what have we told you fundamentally on Apple? Sales growth, a big, fat, juicy zero over the last year. What do we love? Strong sales growth. So maybe a rhyme and a reason for Apple. Up next, oh, we're not done. Much more. I'm Gary. This is the one the only investors end. Jake Goodman, host of Beyond the Script, the podcast where I sit down with pharmacists to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode,
Starting point is 00:23:59 we are diving into gut health with CVS pharmacist Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach ache every time that I eat. And And it just becomes like a lifestyle where, oh, yeah, you know, I just, I have a stomach kick every day. Or I'm constantly feeling like gassy. And all of those things are not something that generally, if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication.
Starting point is 00:24:35 We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the script, a podcast from CVS Pharmacy and IHeartRadio. Listen now wherever you get your podcasts. Reese's peanut butter cups. They go perfectly with music. Podcasts.
Starting point is 00:25:03 And welcome back to the show. Even nature sounds. Oh, and the thing where someone crinkles tissue and whispers at you. Hello. Look, I'm not here to judge what you listen to. I'm here to judge you for not eating Reese's while you listen to it. Rises. Ashley, go back to the nature sounds.
Starting point is 00:25:25 Nice. Yeah, that's really nice. Cashflow crunch. OnDec's small business line of credit gives your business immediate access to funds up to $200,000 right when you need it. Cover seasonal dips, manage payroll, restock inventory, or tackle unexpected expenses without missing a beat with flexible draws, transparent pricing,
Starting point is 00:25:43 and control over repayment. Get funded quickly and confidently. Apply today at ondeck.com. Funds could be available as soon as tomorrow, Depending on certain loan attributes, your business loan may be issued by On Deck or Celtic Bank. On Deck does not lend in North Dakota. All loans and amount subject to lender approval. You're listening to.
Starting point is 00:26:03 America is talking. Investors Edge. He's got to be pleased with that. The crowd is just on his feet here. He's a Cinderella boy. With Gary Colbomb. It comes highly recommended. You're going to feel better if you talk to him.
Starting point is 00:26:18 Winston is sitting here sleeping five feet away from me. My good dog, Winston. Winston is, just so you know, my dog Winston, it was, let's see, we're in February. November of 22 got diagnosed with aggressive cancer. It's about 10 years old at the time. No, 10.5. I'm like, holy crap. And the recommendation was to do chemo.
Starting point is 00:26:54 and that would help my dog at least a year at that time. And what happened was after just a little bit of doing the chemo, it rocked them. My dog, which it was always up and peppy and couldn't even jump on the bed. So we went to the doctor and the doctor says, well, I mean, we can take him off of it and see what happens. I go, yeah, let's do that. So we took him off and he was great three days later, five days later. Fast forward to March of 24, what was that?
Starting point is 00:27:44 16 months later, cancer-free. Cancer-free. They knocked it out with a little bit of surgery originally. And they said it was aggressive and more than likely he's going to come back. And a little bit came back. You know, they tell you how much. And it's gone. So I got to, I, remember my Cosmo passed away.
Starting point is 00:28:14 We had two dogs. Winston is my shadow. Everywhere I go, he goes. When I sleep, he sleeps. When I walk, he walks. You know what I'm talking about, right? You all have dogs. And now I guess it's probably around 12, and I know what's the age.
Starting point is 00:28:40 When Cosmo passed away, I was beside myself. I wouldn't even speak to anybody for weeks. It's going to be the same with Winston, if not more. Because Cosmo, I shared with it, had another dog at the time. But after it's been me and Winston, and I do my charts and he watches. In fact, he's watching me right now. You see this one, Winston?
Starting point is 00:29:11 Seagate technology breaking out today. Anyway, you all know, right? You all have dogs, right? Anyway, where were we? By the way, I'm scanning as we speak because we're quite ambidextrose here, but that's Archie. bunker talking, by the way, ambidextrose.
Starting point is 00:29:43 That's how he pronounced it. And just good patterns, strong patterns. And I can tell you it's not just the semis, its other areas, but where's the Enfuego, on the semis and on the AI, and kind of relentless. reactions to earnings, man, Dell today, network appliance, tidewater, tidewater and oil, I have about 75 stocks with big gap reactions that I have on my front screen now. I never usually have that much. And that's telling.
Starting point is 00:30:39 In bare markets, there's nothing gaping to the upside. And that's how we know the markets we're in. We know what the markets we're in by what the markets are doing. And that's why I've never understand people fighting the trend. It's just that they just don't work at it. Or they don't understand it and don't want to believe it. And that's why we love the more we hear what we do doesn't work, the happier we are.
Starting point is 00:31:13 The happier we are. The doubters. It's cool. Ooh, put down D.R. Horton, another housing stock trying to come on now. Again, we're scanning as we do this. And again, one thing I am noticing going into next week, should I have bought some more Nvidia today? Even though I'm already up 60-some-odd percent.
Starting point is 00:31:41 Hell, if it's going to go 100 percent, own more. we'll see and I want to repeat when it ends we'll be ready when it ends we'll know when it ends
Starting point is 00:31:57 we'll be on it we're darn confident of it why every night we scan 1,500 to 2,000 names every country every commodity the bond market and whatever
Starting point is 00:32:12 shows up on the screen Simple as that. With no bias, no agenda, no ulterior motive. The one thing that has us cock-eyed, boy, some of these moves on the crappiest of earnings. Do you know lows just announced their worst quarter, I think, ever? New Yearly High. That's on top of Home Depot reporting. Crap numbers.
Starting point is 00:32:46 New Yearly High. and as we've said to you, is there going to be a comeuppance? Well, I got news for you. If earnings do not come back, all these stocks are going to have gargantuan valuations. And eventually, that will take care of itself, and it will not be pretty. But until we read institutions distributing stock instead of buying, more. We ain't going anywhere. And that's how we roll. Give you a complete understanding. And I am pretty sure right now, especially in the AI semiconductor space, the institutions are meeting
Starting point is 00:33:35 in the morning with their portfolio managers and analysts and saying, well, we had this company making $6 a share this year. We got to raise it to $10 a share. What do we think that means to the stock, up buy more, and that's how it works. And when they see $10 a share and all of a sudden they think it's going to be six, what do you think they're going to be doing? They'll be distributing stock quietly and slowly, because I can promise you, big institutions do not want anybody knowing when they're selling. And that's how tops occur in the market. So that's the story here. Just another good day. Next week's another week. Tomorrow's Saturday.
Starting point is 00:34:38 We're past mostly earning season, so not much more there. Market will be on its own for a little bit. And as always, if anything changes, we'll let you know. But a great time now for all of you. If you own some crap stocks that are not keeping up, you may want to review. Again, it's your money. You get to decide. We're just letting you know what we think. And there's some areas right now kicking some whoop you, you know what. If you want to look at the gold, look at GLD or P-H-Y-S, and you'll see what it did today.
Starting point is 00:35:34 If you want to know depression, go look at the G-DX and how weak it is in comparison to the the gold, and that is the gold miners. I have always been taught that you want the miners leading the metal. That ain't happening right now. And the better money is made in the miners. But that ain't happening right now. But I'm interested. Whether or not I'll have enough money or whether I want to sell something to buy,
Starting point is 00:36:09 not so sure. But we're talking multi-year breaking out in gold. and some oils. In the news today, eh, not much. Up next, this weight loss drug stuff, this is the one only investor's edge.
Starting point is 00:36:43 Hi, I'm Dr. Jake Goodman, host of Beyond the script, the podcast where I sit down with pharmacist to answer the health questions you didn't even know you could ask at the pharmacy counter. In this episode, we are diving into gut health, with CVS pharmacist,
Starting point is 00:37:20 Victoria Motola, who explains why so many of us live with stomach issues we should not accept as normal. A lot of what I see is just like chronic bloating, chronic stomach aches. Like I get a stomach egg every time that I eat and it just becomes like a lifestyle where, oh yeah, you know, I just have a stomachache every day or I'm constantly feeling like gassy. And all of those things are not something that generally if you have a healthy gut, you should be living with. So that's when we deep dive. We deep dive into your medication. We deep dive into your OTC medication. And then at that point, we can probably identify something that we can change. Hear the full conversation, plus some fascinating facts about how gut health affects so much more than just your stomach on Beyond the
Starting point is 00:38:06 script, a podcast from CVS Pharmacy and IHeart Radio. Listen now wherever you get your podcasts. Reese's peanut butter cups. They go perfectly with music. Podcasts. And Welcome back to the show. Even nature sounds. Oh, and the thing where someone crinkles tissue and whispers at you. Hello. Look, I'm not here to judge what you listen to. I'm here to judge you for not eating Reese's while you listen to it.
Starting point is 00:38:36 Reeses. Ashley, go back to the nature sounds. Nice. Yeah, that's really nice. Cashflow crunch. On-Dex small business line of credit gives your business immediate access to funds up to $200,000 right when you need it. Seasonal dips, manage payroll, restock inventory, or tackle unexpected expenses without missing a beat.
Starting point is 00:38:58 With flexible draws, transparent pricing, and control over repayment, get funded quickly and confidently. Apply today at on deck.com. Funds could be available as soon as tomorrow. Depending on certain loan attributes, your business loan may be issued by On Deck or Celtic Bank. On Deck does not lend in North Dakota, all loans an amount subject to lender approval. You're listening to... What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action.
Starting point is 00:39:24 In Investors Edge. With Gary Culper. So, welcome once again to Investors Edge. I guess we misspoke the other day. I read something here. And it was kind of boilerplate. But I found out the fact that a matter is, symbol VKTX, which is a biotech with no sales,
Starting point is 00:40:03 has a drug for this. obesity thing. Now, being the great athlete that I am and a workout maniac, I worry about the long term about the obesity drugs. And it's simple. What happens when you get off of them? What happens when you get off of them? You're going to be on them for life?
Starting point is 00:40:40 I've been always a big believer that these diets are fadish. that you should eat right, don't drink alcohol, take care of yourself and work out all the time. And that's the best for long term. And then we get these diets that go in and out of favor. But if you don't stick with it, your body goes back to its norm. That's the worry. but right now, right now, it's all the rage. Oprah, I don't know if you know this,
Starting point is 00:41:28 but came off the board of Weight Watchers and the stock's been cratering since. And of course, Oprah has lost a lot of weight, and she basically took the drugs. I don't think she's admitted it, because she says she's not, whatever. I don't own any Eli Lilly or Novartis.
Starting point is 00:42:00 Those are the two mainstays. My biggest worry is we wake up one day and there's another one. And another one. And I can promise you, whenever there are drugs that sell a crap load, you're going to have other companies trying to come up with the same type of thing. We've seen this many times before. That's the worry. But I'm letting you know as we're doing markets today. Boy, Eli Lilly looks good to break out again. Boy, Novartis looks good to break out
Starting point is 00:42:40 again. Novo Nordisk. My bad. Just letting you know. I don't own either, but I'm certainly got them on watch. Part of capitalism is when somebody's doing too well with something and making too much money, somebody's going to look and say, I think I can do that a little better, a little faster, a little cheaper. And thus, so I just had to bring that up because I'm just wondering, do they have a lot farther way to go? Very much wondering. I've put off buying Eli Lilly.
Starting point is 00:43:21 That would be my favorite. Trades much better. But it looks like it may want to make another. move again. So I'm in, well, first that has to break out again. I'm in contemplation mode on the Eli Lilly. And in the news of the day, as I said, not a lot. Except, as you know, I think the Biden family is just the corrupt sleaze bags that have made a lot of money off of his name, with his name,
Starting point is 00:44:04 with him. And for the last couple of years, the Republicans have been driving to the hoop on it. And for the last couple of years, there were some text out there. And they said Joe Biden wasn't involved. He was never there. Wasn't a part of it. He's not the big guy. Remember the big guy?
Starting point is 00:44:28 Well, they're now admitting Joe Biden was the big guy. That came out in testimony yesterday. We just found out this morning. Oh, so that that's another lie uncovered, which the media will not report. Yes, we also found out yesterday that, oh yeah, I did say Joe Biden was standing next to me while I was trying to shake down somebody from China for $5 million. Oh, and yes, we got the $5 million. And yes, we dispersed it to other family members. They're now admitting that.
Starting point is 00:45:00 So all the media and the Marxist party was saying that there's nothing here, but now we find out everything's here. But have you noticed the media is still not no biggie-ish? Have you noticed? And this is what I'm talking about. This is what I'm talking about. All we ever ask for is full and fair disclosure. and while they give Trump a colonoscopy every day, they leave the other guy alone. And it pisses me off.
Starting point is 00:45:40 As you know, I can't stand either of them or either party. But if they're not holding one side to account, we're screwed. There is no doubt in my mind. And I'd say it to his face, Joe Biden and the family used him to shake him. down countries that paid millions and millions of dollars to family members. It's sickening and it's now in plain sight and the media will not cover it. That's in the news, just letting you know. Also in the news and interesting to see.
Starting point is 00:46:28 The University of Florida is now eliminating their diversity office. Huh. Have you noticed that's been going on now? A lot of Wall Street is getting rid of the movement and all that. The greatness of great companies and great industries and great organizations is getting the best people. I think they're all realizing it again. We'll talk more on Monday. You'll have a great weekend. drive carefully when you get home do like we do quite simple make sure you hug your family make sure you hug your children they will feel better you will feel better i promise thanks for joining
Starting point is 00:47:19 everybody i'm flying out peace out all good night this has been investors edge with gary coltbaum on biz talk to listen to past episodes or to get in contact with gary go to gary k dot com that's gary k dot com struggling to see up close make it Get visible with Viz. Viz is a once daily prescription eye drop to treat blurry near vision for up to 10 hours. The most common side effects that may be experienced while using Viz include eye irritation, temporary dimmer dark vision,
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