Investor's Edge with Gary Kaltbaum - Tout artists [12.30.2025]
Episode Date: December 30, 2025https://garykaltbaum.com/The opinions you hear on BizTalkRadio, BizTV, or BizTalkPodcasts are those of the hosts, callers, and guests and do not necessarily reflect those of BizTalkRadio, BizTV, or Bi...zTalkPodcasts, its management or advertisers. The information on BizTalkRadio does not constitute a recommendation, offer, or solicitation to buy or sell any product or securities. Please consult a professional before investing.
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store we can't wait to meet you store hours vary by location investors edge with gary coltbaum
straight talk about you and your money now from the biz talk studios here is gary cult bomb
and welcome once again to investors edge i'm gary coltbaum your host a thanks for being with us today
glad you here ladies and gentlemen happy that you are listening it would be
uh December 30th uh 2025
And as you know, I can't wait until 2025 is gone.
Been a rough 2025 for the fam.
Get rid of it.
Goodbye.
Peace out.
That's all I can tell you.
Hey, this is serious talk about the things that affect you,
but also the things that are out there.
On you, on everything that affects you.
whether it be the markets, your job, the economy, your industry, the Morlocks in D.C., just everything.
And that includes my industry and the tout artists.
We did that in our webcast today.
We're going to do a little bit of that today, or maybe a lot of that today on the show.
and of course on this show
if you do not get this radio show
in your city we'll post it at gary k.com
we'll also post it on our x feed
and if you don't follow us on x
you should
just put our name in
if you'd like to email us
just be nice
oh and yes we'll post it on the
YouTube channel of biz TV
and as we told you
we got things in store that are going to happen
right in January, about our own YouTube, and this show.
But what I really want to talk about today is, and maybe we're being a little bit repetitive,
but that's okay.
And I'm rounding off.
194 down to 72.
16 a quarter to six and a quarter.
44 to 12.
61 to 24.
43 to 12 14 1⁄2 to $1.32.
Did you hear that one?
100 down to 50.
Shall I continue?
Because I'm going to.
31 down to 12 and 3 quarters.
62 down to 22.
11.5 down to 340.
21 down to 13.
That doesn't seem so bad that one, huh?
It's bad.
19 and 3 quarters to 5.
16 to 8.
$6.60 to $2.40.
50 down to 10.
50 down to 10
80 down to 8
80 down to 8 80
down
to 8
161
down to 27
no no really
161 down to 27
23 down to 9
and for the sake of brevity will be done soon
57 down to 14
57 down to 14
25 down to 14
that's not as bad as some of the others
10 and a half
down to $4.40 cents
11 and a quarter down to $4.40 and $3.30.
30 cents. Have I got your attention yet? How about 22 down to 10? Ooh, here's a good one.
240 down to 82. 1460 to 7.5 bucks. I think I have your attention, right? 32 down to 7.5 bucks.
I think I have your attention, right? 32 down to 7. I think I'll do a couple more.
How about 44 down to 12?
Do you know what all these have in common?
They're mostly all down 50% if not 60 or 70.
Most all of them topped out two months ago
and are down 50, 60, 70%.
But you're not hearing about them except for us.
and the reason you're hearing from us is because we warned you.
You're hearing from us because we're pissed off.
Because we watched a bunch of growth guys go online and in social media
and tell you some of these no sales companies were growth stocks.
No sales, growth stocks.
They lied.
You had made.
any touting them,
shouting at you
because their themes.
They were nuclear companies,
quantum computers,
drones,
robotaxies,
or robo-whatever.
Miners of Bitcoin, my favorite one is the rare earth.
Rare Earth
Wasn't that the name of a group in the 60s?
Rare Earth
Musical Group
Let's see if I'm right about that.
Rare Earth, I was right.
They sang, I just want to celebrate
another day of.
Look at that.
But what happened?
They all crashed.
We warned you.
We told you, if nothing
changed. Eventually, ultimately, they will all go back to where they came from. How did we know?
Study of bull and bear markets. What happens to no sales companies? Little did we know that they
would top out in October, most of them, and crash. And we have just noticed nobody bringing
them up because I bet you they all sold on the first down tick while they kept touting you.
And we're bringing this up for the simple reason.
We believe our number one goal here is when things are at extremes and valuations are a joke
and crazy themes are going crazy to the upside.
There's a hell of a lot of money to lose.
And it's our job to warn.
We had no idea when.
For all we knew, we said this,
maybe they double and triple from here.
That was near the highs.
Just do not be around another one of our little lines when the music stops.
What pisses me off more than anything is the rare earths.
Because I think there's.
There's like 15 to 20 of them, and I think there's one that has sales.
The rest did not.
And it was unfortunate that the administration brought them up and actually named names.
There was two companies that mentioned, yes, we had conversations with the president.
And the stocks went skyward.
Up next.
We'll put a bow tie on it and whatever else.
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It doesn't get better than this.
So,
There was one rare earth company, no sales.
The stock went from $2.70 to $16.28 before you can blink.
They had mentioned they had conversations with the president.
Now, I don't know if it's true or not because nothing's ever come of it.
And that stock has gone down, I don't know, 65, 70% from the high,
and they still have no sales,
and they just did a secondary.
You know what the secondary is?
It's a public offering of stock,
and it pisses me off
because it dilutes the airholder
and screws you.
And as I am looking at news,
I'm not mentioning names today.
On October 14th, the stock was up 81%.
The company engaged ahead of high-level critical
Mineral Talks with the U.S. President Donald Trump.
And you all bought into it.
Well, you guys didn't, hopefully.
We're bringing this all up because we're even stunned.
We're bringing it up because yesterday we did a little thing for you how our poster
child on the nuclear stuff has gone from 194 to 71.
and now the two founders just sold $340 million of stock and the company still has no sales.
I don't blame them.
I'm not even pissed at them.
I would too.
What irks me is how these things get touted up the wazoo in order for the insiders to sell massive amounts of stock and watch the stocks crash afterwards.
So I plead with you. I beg of you. Be smart. We think you're already smart by listening.
You're going to get one thing here. You're not going to get anywhere else. We call it the watch out below.
You see, indices have done what they have done this year. I just went through what? 40 names that are down 50% or more. I can do another 200.
and all in the same realm.
Drones, Bitcoin mining,
Robo this, nuclear, quantum, rare earth.
And amazingly, some of these companies have sales and are still down 50.
One plus one equals two.
Ladies and gentlemen, when Rivian came public.
and that was in the month of November of 21.
And we yelled that the ass clowns on Wall Street brought it out at about a
80 billion market cap with no sales.
And the next day got touted up to a $180 billion market cap.
It was a $78 billion dollar market cap.
It was a $78 deal that the next day was $180.
They had this almost $200 billion market cap the next day with no sales.
GM and Ford, together with $250 billion of sales, had a lower market, had a, excuse me, about an equal market cap, a little bit higher.
And we told you, under no uncertain terms, that eventually valuations would matter.
And by June of 23rd, June 20, 2020, 3 went from 180 down to 14 bucks.
And it's at 19 right now.
And by the way, they do have sales now, but still lose a ton.
One plus one equals two.
We warned you of beyond meat.
You remember that right?
And this company at sales came out 2019.
And I remember it had...
Trying to think how much market cap.
Like a hundred billion?
And they sell plants for you to eat.
And we simply said to each and every one of you,
who's going to eat plants?
And for how long are they going to eat plants?
And how long are they going to be in vote?
Well, they're bankrupt.
These are the things we want you to listen to.
first
second
this is strong
that is strong
this is strong
that is strong
this is breaking out
that's breaking out
because I have news
for you if you're involved
with these disasters
you can have any money
to invest
and you may say
oh come on
we're smart
I'm not saying you're not
I'm letting you know
I've seen it all
I've seen it all
and the most
not talked about
story of the last just two to three months is the 50% plus drops in hundreds of touted
theme stuff with no sales or very little sales that were told you that were told to you
oh their growth horse crap we're going to keep doing what we are doing we're not going to let up
And we're going to still tell you, we're not sure if they rally these things back up again.
We don't know.
We've seen it before.
I remember when GameStop had that initial move, crashed, had another move, and then crashed.
Because valuations always are going to matter when all said and done.
So we just want you to remember this.
We don't mean to harp, but it's money.
And you've worked your tail off your whole life to protect that money.
am I correct? And I repeat, I could have done a couple hours of stocks like that. And I can't
begin to tell you how hype they have been, especially the things associated with crypto, especially.
Up next, today, another mushy day as we head into the end of the year. This is the one only
investors edge.
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So, uh, another mushy day.
Uh, Dow down 95, S&P 9, NASDAQ 55, NASDAQ-15, NASDAQ 133.
Uh, the Russell mid-caps down.
I believe the socks, the all-important semiconductor index, finished only down 9.
But at one time today was up, uh, 50.
So that pulled in.
I don't, not a lot to add, except I have to mention these metals.
I don't know what the hell's going on.
Huge gaps to the upside, gargantuan gap to the downside yesterday and a gap up today,
but they sold back down towards the close where palladium was down a bunch,
platinum was up but way off the highs gold was up but way off the high silver silver remained pretty
decent though off the highs silver stronger than the most there is for me absolutely no edge
on telling you what to do here or how to do it i just don't know what tomorrow's going to bring
what i do know is they have that iful tower character
characteristic in some of the things.
If that is the case, if that is the case,
what you saw yesterday in some of these things,
if not all of them, the highs for now.
But not because things are wrong,
it's because silver, and I'm going to give you the ETF,
went from a breakout at around 49 to 50,
one, two, three, four,
we're into the fifth week right now,
now, you ready?
50 to 71.
Last I looked, that's 40% in four plus weeks.
That's an insane asylum.
We're not saying it's not going higher, it certainly could, for all we know.
Some of these things just feel like Eiffel Towerish.
We'll know in the days ahead.
At the very least, you know the line.
stretched, extended, overbought, noisy.
We'll see what the outcome is.
Stunning.
Next, what does this move in metals mean?
Adds to my little worry list.
You know my biggest worry, right?
There's no bears, especially on technology.
There's no bears on tech except people that have been bearish for a while
and don't necessarily time the market, but usually get it right when all said and done.
You know who I'm talking about, right?
I follow some very smart people that are not timers.
But I'm not going to name names, but I have some people that I follow that early 99, mid-99, very bearish on tech.
All hell's going to break loose.
They're going to go a lot lower, and they had that big move at the end of 99.
into March of 2000, and then they crashed.
And as you know, I as one, been very worried about the concentration.
Just so you know what that means.
These big mutual funds and hedge funds own huge amounts of the stocks.
When things go awry, they are in their meetings, portfolio managers and executives,
How many shares do you have?
And in recent past, just so you know, I don't know if you heard, but core weave is down 60% highly touted AI name.
You know what the institutions have been doing with that, right?
Get me to hell out.
And insider selling too.
How many shares do you have?
How about Uber?
Off mentioned name.
guess what institution's been doing we own too many shares how do we know well i see five skyscraper days
of volume in the last uh i don't know two three months all big down days that's not aunt mary and uncle bob
selling those are the those those those are the marks those are the breadcrumbs on the trail that's how
it works when things are good when things are rolling the opposite how many shares do we own to
that we don't own enough get some more the worry is that concentration if things go awry
well let's see we mentioned corb how about oracle dropped 50% from september
5-0 the larry elson's technology company that's that's the
not supposed to happen. Why does it happen? Because everybody got tons of shares and something
happened. There was a belief that, oh, these back orders and backlogs, they ain't going to happen.
And as the debt was being sold off, there was more worry about what's going on, more selling.
So if there's any worry I have, and by the way, we're not predicting it. It's the concentration in all these
things. We can see what concentration does when things go the wrong way. We've seen throughout the
years great companies, their great earnings growth stopped because whatever reason. And it's
stopped near the highs, where the big institutions own tons of shares. And in their meetings,
how many shares do we have? And then it feeds on itself. Support levels get
broken, moving averages get broken, you get the hit. And of course, we're on here telling you that.
So just let me know that is one of my issues. I'm not worried about the Liberation Day type tariffs
anymore. I think they learn their lesson. I worry if the president puts somebody in that does
take interest rates down to a percent, which will mean nothing to you except you get screwed
on your money markets, that could have mortgage rates go higher, as we have explained. They control
short-term rates. Mortgages are tied to longer-term rates, as well as other loans. That's not
as big a worry. And then there's the job market. We keep hearing about golden age and the
greatest economy and this and that. The job market sucks right now. The numbers are terrible.
not the four what is it four six unemployment rate it's the trend and the creation of jobs is way down
and of course the backers are out there BSing when under Biden there was a 200,000 month oh numbers suck
Trump gets a 50,000 month oh good number so you got to be careful about that member we have no bias
no agenda no altery motive just to tell you how it is job market
and that's why we've said to you many times in the past
become indispensable if you're working for others
become the most important people at the companies
if you work for others
work harder work smarter work longer work better
market yourself well without kissing the you know what
because you never know I've owned my business forever
Because I've seen too many talented people lose their jobs for whatever reason.
That's why I'm such a big believer in entrepreneurship, owning your own business,
because you never know.
And when I read stories of people that get fired after 30, 40 years and get nothing,
pisses me off.
But welcome to our world.
That is how it works.
so the job market
and that could possibly have to do
with artificial intelligence I don't know
I keep reading some things that say
yeah and some things that say no
we'll keep fingers crossed on that
because that's movie importante
up next
this that and the other thing
this is the one only investor's edge
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What are we waiting for? Well, what are you waiting for? One, two, ready, go.
Action! In the Gester's Edge. With Gary Kulp-Bah.
So a lot of what we've done today is protect smart.
So this all comes from anybody here, the gentleman by the name of James Chanos, he's this famous short seller.
I follow him also, and I'm always interested in what he's seeing.
It turns out a SPAC, you know, I'm not going to name a name.
You can go follow them on Twitter.
It's on there.
A company that merged with another company to develop natural gas and helium assets or whatever.
Has no sales or very little sales.
A $10 SPAC went down to $32.
Nice, huh?
What is that?
96.8% drop?
Well, we're always wary.
Because the stock then rallied up to $760 and there was noise out there.
And the news came out that they're going to develop a $100 billion AI data center.
It's the company's first development.
3,500 acres, doesn't matter where.
Whatever.
The company has no sales, and they're going to develop a $100 billion AI data center?
The market cap of the whole company at the price it is today is $100 million, with no sales.
You see what I'm talking about here?
When marijuana was hot a few years ago,
all the advertisements I would get was on marijuana.
You know where I'm going with this, right?
You can actually tell because all the announcements and all the marketing now is data centers.
Everybody's building a data center.
Everybody's going to develop.
Remember when electric vehicles, when the SPACs, every SPAC company that merged with another company,
that's going to make electric vehicles, a business that's heading south.
And by the way, how many companies have started a business to sell cars and are still around?
Catching my drift?
So everything now is a data center.
Everybody's going to build a data center.
A data center.
And you know what I'm thinking to myself?
Boy, there's going to be a lot of empty data centers that are going to turn into
housing development
you get catching my drift
remember the warning we did on marijuana
with you guys
all of a sudden all these companies
are going to sell marijuana
really
how's that going to be
and we told you
impossibility
and be careful
and all the marijuana stocks drop
90 95%
but I was laughed at
well we're just letting you know right now
everything's a data center
Data Center
Data Center
100 billion
200 billion
$300 billion
Size of Manhattan
And we're just wondering
Is it another one of those
Another one of those
And again I know I may be sounding like a Cassandra
No
It's just being a realist
And keeping my eyes wide open
That we are being told something
That has to be
that we need all this
for that
and I'm just asking questions
how is somebody going to spend
$400 billion and make money
and for what
oh for artificial intelligence
oh and what's that going to do
well
and what about if
50 of them get involved
you know there's a bunch of big companies
that are getting involved now
supposedly
some have backed away quietly.
So we're just making sure
because I got news for you.
If data center stocks start breaking out a range
on three times average volume
because earnings are up 90%, sales are up 40%,
you're going to know we're going to tell you.
If the companies that provide construction,
electricity, and energy for the data centers
all break out of range on heavy volume to the upside
and report 100% earnings growth, 70% sales growth, we're going to know it.
We're just a little bit worried about seeing core weave down in the 60s,
Oracle down 50 at the lows, their bonds getting hit, their credit default swaps,
price to ensure that debt going up, and the numbers that are being told to us feel like an impossibility.
and when I see a company with no sales talking about a hundred billion dollar AI data center
with James Chanos, a very smart man sarcastically,
a $150 million market cap company announced development of a hundred billion dollar AI data center.
You know, my next line is, what's wrong with this picture?
So stay tuned, we're going to stay on it.
there's very concentrated
and everybody into the pool
area of the market
where nothing can go wrong
except if your core weave an Oracle of course
that'll be a close watch for 26
that all said
last day of the year tomorrow you have a great evening
drive by the way tomorrow night
don't drink and drive
when you get home do like we do quite simple
make sure you hug your family make sure you hug your children
and they will feel better, you'll feel better.
I promise they will be well.
Have a great evening, everybody.
Good night.
This has been Investor's Edge with Gary Cult Bomb on BizTalk.
To listen to past episodes or to get in contact with Gary,
go to GaryK.com.
That's GaryK.com.
Guys, it's no use putting it off.
The best time for an underwear refresh is now.
Tommy John underwear is designed for a perfect fit that stays put all day.
There's zero-chafe thanks to four times more stretch.
than competing brands and their innovative horizontal quick draw fly is a game changer.
With over 30 million pairs sold, there are thousands of men out there more comfortable than you.
Don't settle for less.
Go to Tommyjohn.com today for 25% off your first order with Code Comfort.
That's Tommyjohn.com code comfort.
Tommy John. Comfort perfected.
This message is brought to you by the Capital One Venture X card.
Venture X offers the premium benefits you expect, like a $300 annual Capital One track
travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase,
bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport
lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply, lounge access is
subject to change. See Capital One.com for details.
