[0:01] All right. All right. All right. Here we
[0:03] go. Here we go. We are knocking on the
[0:07] door. A good old Donny T. Donny T coming
[0:12] out to tell us about Iran. Scheduled to
[0:15] speak at 6:00 p.m. Pacific tonight,
[0:18] right before the coupon expires. Folks,
[0:21] let's get into uh some expectations
[0:24] here. So obviously this is um expected
[0:28] to be Donald Trump's uh plea to the
[0:31] nation that hey we're almost done. We
[0:33] just need another two to three weeks.
[0:36] You know we got to do some mopping up.
[0:39] The question really is going to not be
[0:41] about how much Trump is going to bag on
[0:44] NATO, how much he's going to bag on our
[0:46] European allies, how he's going to try
[0:47] to withdraw from NATO, which he can't do
[0:49] without the Senate. It's going to be
[0:52] more about what is Donald Trump's actual
[0:55] objective. Does he even have a plan?
[0:59] Now, we're not obviously going to be
[1:01] asking for insights into uh how should
[1:05] we put it? Uh battle plans and exactly
[1:07] what their uh you know goals are for uh
[1:11] where boots are going and what sites are
[1:13] being taken obviously. But we'd like to
[1:16] know, hey, is the objective truly to
[1:18] make sure that we got their
[1:20] highlyenriched uranium? Is the objective
[1:22] truly to make sure that Iran doesn't
[1:26] have the capability of launching or uh
[1:28] crafting a nuclear weapon? All of these
[1:30] things really, really important.
[1:34] So, we'll find out what happens. Now,
[1:37] uh, what Donald Trump tells us and, uh,
[1:40] what, uh, what expectations are are in
[1:43] part now going to go on our bingo board.
[1:46] So, we're going to make a little bingo
[1:47] board. And let me see if I can pull it
[1:49] up here. We're going to put one together
[1:51] here. What we're uh, looking for, uh,
[1:54] you're welcome to send suggestions as
[1:56] well as to what should be in our bingo
[1:57] board. Usually we use this bingo board
[1:59] for fed bingo, but I think there are so
[2:02] many expectations that we have for what
[2:05] Donald Trump is going to say uh that we
[2:08] could easily play bingo today. So, uh
[2:11] let's get the game going a little bit
[2:13] with setup.
[2:15] So, let's pop on over to the bingo
[2:19] board. There we go. The bingo board. All
[2:22] right. So, uh, we'll go ahead and start.
[2:27] And in the middle here, we're going to
[2:28] put, um, Trump is late because he pretty
[2:31] much always is. Trump is late. So, I
[2:36] think that's the freebie. Whereas with
[2:38] Jerome Powell, we usually have the
[2:40] freebie. You know, Jerome Powell's on
[2:42] time. I think in this one, it's going to
[2:43] be uh Trump is late. Uh now what else we
[2:48] want to look at are going to be the
[2:50] minimum expectations that we have for
[2:53] Donald Trump. The sort of baseline
[2:55] information that we expect. So uh I
[2:58] would argue these are going to be things
[3:01] like uh we oblit he you know he uses the
[3:04] word obliterate. So let's move this
[3:06] camera over a little bit. And
[3:10] there we go. All right. We uh we
[3:12] obliterated.
[3:13] we obliterated.
[3:18] Uh okay, then um uh I'm going to say uh
[3:24] regime change
[3:28] and he's going to imply that it that it
[3:31] happened. Uh so we're going to clarify
[3:34] that and say imply
[3:36] uh I guess we could just write that in
[3:38] the front. implies
[3:42] uh regime change has happened,
[3:45] right? Which we know is bull crap.
[3:47] Regime change has not happened. Let's
[3:50] lower the size of this pen a little bit.
[3:52] There we go. Okay, cool. So, he's going
[3:54] to he'll say oblit we obliterated. He'll
[3:57] imply regime change has happened, which
[3:59] has obviously not happened. I think
[4:01] he'll make some kind of comment like we
[4:04] ended their nuclear program, their nuke
[4:09] program, which I don't believe I think
[4:12] is a lie until we actually get that
[4:14] highlyenriched uranium out of there. I
[4:16] think that's pretty nonsense. I think
[4:18] we'll hear we destroyed their navy.
[4:22] We We're destroyed.
[4:25] Nobody does it better.
[4:28] Navy
[4:30] and uh we destroyed.
[4:36] We got to be careful putting these all
[4:37] on the line. It'll be too easy. Their
[4:40] air force.
[4:43] Uh I think he'll say something like
[4:46] there's practically no one left.
[4:50] There's
[4:51] practically
[4:54] no one
[4:56] left.
[4:58] All right. Oh, Bitcoin spiked like 400 a
[5:01] couple hundred bucks here just in the
[5:02] last couple minutes. Little nice little
[5:05] spike there. Um, okay. Uh, I don't think
[5:08] he'll talk about funding DHS. We have
[5:10] the best military. I like that one.
[5:12] That's a good one. We have the best
[5:14] military. We Which I agree with.
[5:18] The best
[5:20] military. That's a good one. Uh, nobody
[5:24] can do it better. like like no no no one
[5:28] I'll put that together as one. No one
[5:31] can do better.
[5:34] Uh slash never been done before.
[5:38] Never been
[5:41] done before.
[5:43] We'll only need to get one of those to
[5:45] check that one off. Uh then we'll have
[5:48] uh let's see here. Let's see. Let's see.
[5:50] Let's see. We've got
[5:53] uh Trump will bag on NATO. We'll drop
[5:58] that over here.
[6:00] Trump
[6:02] dumps
[6:03] on NATO
[6:06] and allies.
[6:09] Okay.
[6:11] Uh let's see here. We have
[6:16] uh Trump probably downplays Hormuz is a
[6:19] good one.
[6:21] Trump
[6:22] downplays
[6:27] or moves
[6:30] and uh I thought oil would go higher.
[6:35] I thought this will be a quote. I
[6:38] thought oil
[6:40] would
[6:42] This is like almost a way of him
[6:43] bragging, right? I thought oil would go
[6:45] up even more. I thought oil would go up
[6:49] more.
[6:51] Okay,
[6:52] then. Let's see. Uh, let's see. Let's
[6:55] see. Let's see here.
[6:58] Yeah, when I lean over, the mic gets a
[7:00] little quiet cuz I don't have the mic
[7:01] over there. So, you'll be fine, though.
[7:03] Mentions the Fed. That's interesting.
[7:06] Somehow bringing in the the Fed into
[7:08] this. Mentions Baron's short position.
[7:11] What? On oil.
[7:13] Yeah, I like that. Uh, okay. What else
[7:17] y'all have here? A stray towards Obama,
[7:20] Biden, or both? Yeah. Yeah, sure. Stray
[7:22] bullet. Okay. Uh, slam
[7:28] uh slams um
[7:32] Biden. You know what we'll do? We'll
[7:34] actually do slams Biden slams Obama
[7:37] nuclear deal. Obama uh nuke deal. Those
[7:42] will be two different things. So that'll
[7:44] be the uh JCPOA
[7:47] joint comprehensive plan of action.
[7:50] Uh let's see here. Let's see. Let's see.
[7:52] Let's see. Yeah. Yeah. No help from
[7:55] Europe. Yep. That'll be part of our uh
[7:57] Trump dumps on NATO and the allies. We
[7:59] obliterated implies regime change. Ended
[8:01] their new program. I guess we should
[8:03] talk a little bit about which scenario
[8:05] ends up winning. So uh we have a few
[8:08] different scenarios for what we suspect.
[8:11] We think we're looking at these are my
[8:15] current four right here. I've got
[8:18] scenario number one,
[8:21] which is uh prepare for an escalation
[8:24] basically. So something like things are
[8:26] going to get a little tougher before
[8:27] they get better, right? So I think
[8:30] that's a that's a fair one. So we could
[8:32] say things will get uh we have a we have
[8:36] some work left to do. We have
[8:40] some work
[8:43] left
[8:44] to do.
[8:46] Uh, and then I think this is this is
[8:48] more my bet. This is where he's going to
[8:50] say, uh, might get tougher.
[8:54] Might get
[8:57] tougher.
[8:59] Uh, oops. Toucher.
[9:01] Tougher.
[9:03] Shortterm.
[9:05] Uh shortterm.
[9:08] Okay. Uh I think uh we'll get some kind
[9:11] of prep
[9:14] prep or promise
[9:18] to reopen Hormuz
[9:21] because that'll really pump markets I
[9:23] think.
[9:25] Uh pump Hormuz. Uh this is part of the
[9:29] pump markets.
[9:33] Okay.
[9:35] So that'll be part of the pump. Then uh
[9:38] as far as other potential, so prepare
[9:39] for escalation. That would be landed
[9:41] straight. I do think escalation is most
[9:43] likely about 65% chance. Uh I do think
[9:47] he'll say something like it'll be over
[9:48] soon. Negotiations are going great. I
[9:51] could see him saying that in all
[9:52] scenarios. So let's drop that down.
[9:54] Negotiations are going great.
[9:58] Negotiations
[10:02] are going great.
[10:06] Oh. Oh, you know, another good one could
[10:07] be they're begging me.
[10:09] Uh,
[10:11] they're begging
[10:15] me.
[10:17] I like that.
[10:19] Uh, okay. We've got a few more slots
[10:21] here. We got about five, six, six. One,
[10:24] two, three, three. Yeah, six slots left
[10:25] to go. Okay, good. Allies will monitor.
[10:29] Oh, yeah. Yeah, yeah. Um, something
[10:31] about how we won't be there forever.
[10:33] We'll we'll leave and monitor.
[10:35] When we leave,
[10:39] we'll uh monitor
[10:44] and uh go back
[10:48] if necessary. That's basically a
[10:51] standing threat, right?
[10:54] Yeah. Some sort of reinforcing of uh
[10:57] Israel was probably going to happen. So,
[11:00] some
[11:02] um uh positive
[11:06] comments
[11:09] on uh BB and Israel.
[11:14] Yeah, I agree that's likely.
[11:17] So, uh I think he might even say
[11:19] something like people are telling me to
[11:21] finish the job because that is what
[11:23] we're hearing. Uh people are
[11:28] telling me to
[11:32] finish the job.
[11:37] Finish the job. Okay. Uh oh. He might
[11:42] even say something like, "But there's
[11:44] nothing left." There's nothing left.
[11:46] Which obviously we know is false because
[11:48] they're still attacking. just nothing
[11:53] left. But this is part of Donald Trump's
[11:56] uh propaganda, right? All right. So,
[12:02] uh yeah, you know what? I'll I'll put it
[12:03] in. I'll I'll put uh slams Fed
[12:07] slams Fed
[12:10] uh for high rates.
[12:15] And uh I wouldn't actually be surprised
[12:18] if he talks about how great inflation
[12:20] is. So he'll uh talk down inflation
[12:26] and every time he wants to talk down
[12:28] inflation, he has to talk about
[12:31] the eggs because obviously that had
[12:34] nothing to do with the culling of
[12:36] thousands of chickens. It it had only to
[12:39] do with Donald Trump's effort in getting
[12:41] inflation down. So, he'll talk down
[12:43] inflation and mentions
[12:47] egg prices
[12:49] because that's really the only thing he
[12:51] can point to right now. Okay, cool. So,
[12:54] there we go. We got our bingo board. Uh,
[12:57] let's see if for a moment we can uh let
[13:00] you all kind of screenshot that. Let's
[13:02] see if we can uh get some stuff out of
[13:05] the way here
[13:07] if you want. A little bit's cut off on
[13:10] the B. I always get a little bit cut
[13:12] off, but you know what? That's all
[13:15] right. I have to figure out the aspect
[13:17] ratio one day. So that way you can all
[13:20] take a screenshot of it. We'll get rid
[13:21] of that
[13:23] little mention about 6 PM there in just
[13:25] a moment. There. Ah, cuts too much off
[13:28] off the top. We obliterated.
[13:33] Yeah, that was good enough. Okay, let me
[13:35] get rid of the little icon there.
[13:39] And there you go. All right. So, you'll
[13:42] have to fill in the rest if you wanted a
[13:43] screenshot, but there you go. That's
[13:44] going to be our bingo board for today.
[13:47] So, we'll see how that goes. Cool. All
[13:50] right. Uh so, let's go in the meantime
[13:53] explore a little bit and see what
[13:56] yapping is happening. Uh so,
[14:01] uh let's see here. Okay. Supreme Core.
[14:04] Oh, do y'all see the Artemis launch? I
[14:06] thought that was very cool. I watched
[14:08] that with the kiddos uh and uh even
[14:10] though half of them were screaming
[14:12] because they're two years old, I did
[14:14] find it quite entertaining uh to show
[14:16] them the rocket launch and Max got to
[14:18] see it. It's quite nice. Uh okay, good.
[14:22] So, um okay, five words feeling
[14:24] birthright citizenship.
[14:27] Let's see. American consumer stands
[14:28] firm. This is retail sales. Yeah, retail
[14:30] sales came in above expectations today.
[14:33] I think uh just broadly this economy
[14:35] just keeps humming along. This was from
[14:38] this morning, so it's a little bit old,
[14:40] but there was this talk about a
[14:41] ceasefire, which you know, then Iran has
[14:44] since come out and said this is fake
[14:46] news. There's there's no ceasefire. Uh,
[14:49] of course, this is, you know, this is
[14:53] just per some officials, so who knows? I
[14:56] mean, this could be like WhitF's office
[14:58] who are like, "Yeah, yeah, man. Yeah,
[14:59] man. We're trying to we're trying to get
[15:01] a ceasefire demand going, you know, and
[15:03] then they end up reporting on this. So,
[15:05] Axios has become a little bit lately of
[15:07] a mouthpiece for the Trump
[15:09] administration, I found. Uh, and uh they
[15:13] they clearly have some, you know,
[15:15] contacts inside the White House. Uh,
[15:19] this is where they're getting this stuff
[15:20] from. But anyway, Trump's blurry vision
[15:22] of victory. Yeah. Well, this is one odd
[15:24] kind of,
[15:26] you know, victory given that we we don't
[15:28] have answers on the nuclear
[15:30] capabilities. They're still launching
[15:32] ballistic missiles and they're still
[15:33] launching drones, but uh I guess we'll
[15:36] see. We'll see what Donald Trump wants
[15:38] to tell us. Uh let's take a listen
[15:40] actually here for just a moment.
[15:42] >> Mike, thank you.
[15:44] >> Sergeant David Bell is a Medal of Honor
[15:46] recipient. All right, Sergeant.
[15:47] >> Uh sometimes I like listening to that
[15:49] other guy who was just up there. Oh, I
[15:51] got to get rid of this icon. We'll deal
[15:52] with that in a little bit. Uh but um
[15:55] sometimes that guy gives good updates
[15:56] over on on Fox. Although you'll hear
[15:58] exactly the opposite on CNN, so it is
[16:00] quite entertaining. But anyway, select
[16:03] military assets lost during the war.
[16:05] Looks like we've lost an F-35. Well, I
[16:07] think this was Yeah, this was the
[16:08] emergency landing one. So did end up
[16:10] getting struck, but that uh that was an
[16:12] emergency landing, so they were fine. We
[16:15] had the uh F16
[16:18] friendly fire that was pretty early in
[16:20] the process.
[16:22] Then recently we had the E3 Sentry that
[16:25] got taken down. Uh and then of course we
[16:27] had the six American deaths on the uh
[16:29] refueling tanker. But this uh the spy
[16:32] plane over here was really surprising
[16:34] that uh this ended up getting attacked
[16:36] while on the ground. So uh you know
[16:39] these these radar installations by the
[16:41] way a lot of people are talking about
[16:43] Russia potentially feeding the Iranians
[16:45] with intelligence to target this
[16:48] American equipment. And one of the
[16:50] downsides you're finding is Russia's
[16:52] like, "Hey, yeah, we'll stop giving Iran
[16:55] uh uh, you know, intelligence if you
[16:58] guys stop um giving Ukraine
[17:01] intelligence." And people are like,
[17:03] "Okay, well, Donald Trump in the
[17:05] background has also Yeah, look at this.
[17:07] Look at this front page of the Financial
[17:09] Times. Uh, Trump threatened to stop
[17:11] weapons for Ukraine unless Europe joined
[17:15] the Hormuz Coalition. Trump threatened
[17:17] to stop supplying weapons for Ukraine in
[17:19] order to pressure European allies to
[17:22] join the coalition of the willing to
[17:24] reopen the straight of Hormuz. Straight
[17:27] has in effect been closed by Iran after
[17:29] the attack.
[17:31] President demanded that NATO navies help
[17:34] him reopen the waterway last month but
[17:36] was rebuffed by European capital saying
[17:38] it would be impossible while the
[17:40] conflict was in ongoing. In other words,
[17:42] they're suggesting this is a not our war
[17:44] and b also this is way too hard. We're
[17:46] we're not going to get involved in doing
[17:48] that. uh you know which which is
[17:51] problematic because one of the problems
[17:54] that you have uh with the straight of
[17:57] Hormuz is just its location uh in
[18:00] essentially a waterway bowl surrounded
[18:04] by elevated uh uh territory where fiber
[18:08] optic drones or uh small craft vessels
[18:11] can easily uh bomb uh cargo ships or
[18:14] military uh vessels. Uh, you know, our
[18:17] sentcom regularly
[18:19] brags about how much of our large craft
[18:22] uh or of the Iranian large craft has
[18:24] been taken out, about 92%. But they
[18:26] don't talk about the small craft at all.
[18:27] Let's listen in here for a moment.
[18:28] >> Officials have run us through a whole
[18:30] list of things that he's going to talk
[18:31] about. Basically, the ways that the war
[18:33] department has overperformed
[18:36] in Epicury so far, taking out Iranian
[18:38] missiles, the Iranian navy, Iranian
[18:40] proxy terror groups, and also all the
[18:43] stuff that they need to build a nuclear
[18:45] weapon. And there have been various
[18:46] reports about uh he's got these troops
[18:48] there. Maybe he needs to send them in to
[18:49] get uranium. Maybe he uh does not need
[18:52] to do that. But regardless, uh he is
[18:55] going to say that this will wind down in
[18:57] the next 2 to 3 weeks while also putting
[19:00] NATO allies on blast to the point that
[19:03] uh he might say that he wants to pull
[19:05] the United States out of NATO. And NATO
[19:07] is so worried about it, they have sent
[19:09] they are going to send next week the
[19:11] NATO Secretary General Mark Rut here to
[19:13] the White House. probably a good move
[19:15] for NATO because he is the one who
[19:17] famously last year called Donald Trump
[19:20] daddy. Jesse, that's right.
[19:22] >> Yeah. People think that Mark Root uh
[19:25] from NATO uh the general secretary there
[19:27] is basically a really good shill for
[19:30] Trump. Somebody who's really good at
[19:32] getting Trump to feel good uh that you
[19:35] know this person will do anything for
[19:37] you or whatever. Uh so uh we'll see. Uh
[19:41] it's going to be very interesting but uh
[19:44] yeah that was announced earlier that uh
[19:46] the NATO uh secretary general will be
[19:49] coming uh coming to us next week. So
[19:54] that'll be interesting. It's kind of uh
[19:57] it just seems like we're pushing our
[20:00] allies further away while not really
[20:03] doing much damage to our enemies. I hate
[20:06] to say it. Like I feel like Russia is
[20:08] getting stronger through this. Uh which
[20:11] is unfortunate. You know, they're
[20:12] getting stronger in Ukraine. Uh they're
[20:15] getting more aggressive in Ukraine.
[20:16] They're getting richer from the oil
[20:18] price spike. A lot of problems. Three
[20:22] officials familiar with the discussion
[20:23] said Trump responded by threatening to
[20:25] stop supplies uh to Pearl, NATO's weapon
[20:28] procurement initiative for Ukraine
[20:30] funded by European countries. As a
[20:32] result, at the urging of NATO's
[20:34] Secretary General Marut, a group of
[20:37] countries, including key allies, France,
[20:39] Germany, and UK issued a hastily agreed
[20:41] statement on March 19th, which said, "We
[20:43] expressed our readiness to contribute
[20:45] the appropriate efforts to ensure the
[20:46] passage through the straight of
[20:47] Hermoose,
[20:49] right?" But nothing ended up coming of
[20:50] that.
[20:52] It's going to be very interesting
[20:54] because the last thing you want is
[20:55] Ukraine to get run over by uh by Russia
[20:58] while uh this Iran issue is happening.
[21:01] There was also talk at one period of
[21:03] time that Donald Trump would potentially
[21:05] reroute weapons going to Ukraine or
[21:08] positioned in Ukraine to um uh Iran uh
[21:14] whether those were Patriot batteries,
[21:16] missile defense batteries or uh or
[21:19] otherwise. So, we'll see. It's going to
[21:22] be very interesting. Uh but anyway,
[21:24] Donald Trump's talk uh is scheduled to
[21:27] begin in uh in about 3 minutes. Uh we do
[21:30] have on our bingo board that he's going
[21:31] to be laid. Uh so we'll see how that
[21:34] goes. We also have a coupon expiring
[21:37] today at meetke.com and at house
[21:39] hack.com. Uh house hacks kicking butt by
[21:42] the way if uh anybody cares about that.
[21:44] But anyway, let's uh let's see what else
[21:46] is being talked about. So in the
[21:48] meantime, we've got the Financial Times
[21:51] talks about this. Amazon wants to
[21:53] compete with Starlink. We know that it's
[21:55] really no surprise that when Starlink is
[21:57] going to IPO for probably a $ 1.5
[21:59] billion valuation, why would Amazon not
[22:02] want to get involved in that? I mean, if
[22:04] we hop on over just to look at Amazon's
[22:07] market cap for a moment, Amazon's market
[22:10] cap is
[22:12] $2.26 trillion. Uh now in fairness
[22:15] there's more than just the the Starlink
[22:17] aspect uh to uh what SpaceX does with
[22:21] reusable rocket launches and that which
[22:23] you know Blue Origin is trying to
[22:24] compete with. But yeah, that's a it's a
[22:26] pretty big slice of Amazon's valuation
[22:29] when you compare Amazon to to SpaceX.
[22:31] Very fascinating. Trump to detail war
[22:34] timet in address to nation. Yeah, we'll
[22:37] we'll see about that. Iran continued to
[22:39] file projectiles at Gulf countries in
[22:41] Israel while Israel stuck struck sites
[22:44] in Iran. Iranian officials said the
[22:46] country's new supreme leader is in full
[22:49] health but staying out of the public eye
[22:51] due to wartime conditions. Right. Well,
[22:53] people think he's maimed uh and uh you
[22:56] know missing a limb or or something. No,
[22:58] no, nobody nobody knows on that. IA uh
[23:02] the IEA uh international uh energy
[23:05] agency is considering whether they might
[23:07] do another uh big oil release. Remember
[23:10] last time or the first time we hit about
[23:12] 100 nearly $120 per barrel, they did a
[23:15] pretty big dump uh of uh emergency uh
[23:19] stockpiles
[23:21] uh with about 400 million barrels.
[23:23] They've got about enough to do three of
[23:26] those sort of strategic releases. So,
[23:28] looks like they're talking about
[23:29] potentially doing another one just to
[23:31] sort of soothe over the next two to 3
[23:32] weeks,
[23:34] which makes sense,
[23:37] quite reasonable. How much pressure is
[23:39] this war causing in the markets? I've
[23:40] been cash unwilling to trade for a while
[23:42] now. Well, I mean, obviously, you know,
[23:44] we've seen a correction in NASDAQ. Uh,
[23:47] part of that could be due to just a
[23:48] compression in software valuations. Uh,
[23:50] and we've seen a rebound just the last
[23:52] few days here. I think a lot's going to
[23:54] depend on what happens uh over the next
[23:57] uh you know 2 to 3 weeks here because
[23:59] you know when the government tells us
[24:01] there's a temporary operation coming we
[24:03] have to remember that there's nothing
[24:04] more permanent than a government's
[24:06] temporary operation. So we'll see. But
[24:09] uh we did get a nice bounce back over
[24:11] 577 on the cues today. Ended up about 7
[24:14] points over 577. Uh so it was a decent
[24:18] uh decent move to the upside of about
[24:21] 1.24 24 uh%. That comes of course after
[24:25] yesterday's rally back as well. So the
[24:27] last uh you know 30 hours or so have
[24:30] been pretty good to the stock market.
[24:32] Okay, what else do we have here while we
[24:34] wait for Donny T? Donny T. Uh US to
[24:39] deploy new electric attack planes. Oh,
[24:41] that's interesting. The Air Force has
[24:42] deployed new EA37 Compass Call electric
[24:46] attack aircraft to support operations.
[24:49] This marks the first known combat
[24:50] deployment for the plane, a heavily
[24:52] modified Gulfream 550 business jet that
[24:56] effectively jams communications.
[25:00] Interesting. Uh, and I shouldn't say
[25:01] electric, it's electronic. So, it's
[25:03] basically a uh, you know, a jamming jet
[25:07] that they they rigged a G550 to turn it
[25:10] into a jamming jet. That's kind of
[25:12] interesting. I did also hear that
[25:14] they're uh sending even more
[25:17] uh warthogs. Those are not to be
[25:19] confused with the Halo Warthogs, but
[25:21] rather the uh low-flying attack uh
[25:25] planes that can aid in Apache operations
[25:29] uh likely for strikes along the coast
[25:31] here. and they are doubling the amount
[25:34] of uh A-10 warthogs in the region mostly
[25:38] to uh clean up those small craft and
[25:41] launching uh you know munitions off the
[25:46] coast. This does and Pete Haggath is
[25:48] right about that. This does give us uh
[25:51] an indicator that
[25:54] Iran doesn't really have much anti Oh,
[25:57] there's Donnie T. Let's uh let's get
[25:59] into this. There we go. Good luck
[26:01] everybody.
[26:05] >> Thank you very much my fellow Americans.
[26:09] Good evening. Let me begin by
[26:11] congratulating the team at NASA and our
[26:15] brave astronauts on the successful
[26:17] launch of Artemis 2. It was quite
[26:20] something.
[26:21] >> It was a great launch.
[26:22] >> It will be traveling further than any
[26:23] manned rocket has ever flown and will
[26:26] very
[26:26] >> He was only a minute late though. You
[26:28] got to give him credit. go around it and
[26:30] come back home from a distance that has
[26:33] >> never been done before. It's amazing.
[26:37] >> They are on the way and God bless them.
[26:39] These are brave people.
[26:41] >> We want to God bless those four
[26:44] unbelievable astronauts.
[26:47] As we speak this evening, it's been just
[26:49] one month since the United States
[26:51] military began operation,
[26:54] epic fury, targeting the world's number
[26:57] one state sponsor of terror, Iran. In
[27:02] these past four weeks, our armed forces
[27:04] have delivered swift, decisive,
[27:07] overwhelming victories on the
[27:09] battlefield.
[27:10] Victories like few people have ever seen
[27:12] before.
[27:14] Tonight, Iran's navy is gone. Their air
[27:18] forces in ruins. Their leaders, most of
[27:22] them terrorist regime they led are now
[27:26] dead.
[27:28] Their command and control of the Islamic
[27:31] Revolutionary Guard Corps is being
[27:34] decimated as we speak. Their ability to
[27:37] launch missiles and drones is
[27:40] dramatically curtailed and their
[27:42] weapons, factories, and rocket launchers
[27:44] are being blown to pieces. Very few of
[27:47] them left.
[27:49] Never in the history of warfare has an
[27:51] enemy suffered such clear and
[27:53] devastating large-scale losses in a
[27:55] matter of weeks. Our enemies are losing
[27:59] and America as it has been for five
[28:02] years under my presidency is winning and
[28:05] now winning bigger than ever before.
[28:08] Before discussing this current
[28:11] situation, I also want to thank our
[28:13] troops for the masterful job they did in
[28:16] taking the country of Venezuela in a
[28:18] matter of minutes.
[28:20] That it was quick, lethal, violent, and
[28:22] respected by everyone all over the
[28:24] world. After rebuilding our military
[28:27] during my first term, we have by far the
[28:30] strongest military anywhere in the
[28:32] world. And now we're working along with
[28:35] Venezuela and are in a true sense joint
[28:38] venture partners. We're getting along
[28:40] incredibly well in the production and
[28:43] sale of massive amounts of oil and gas.
[28:46] The second largest reserves on Earth
[28:48] after the United States of America.
[28:52] We're now totally independent of the
[28:55] Middle East and yet we are there to
[28:58] help. We don't have to be there. We
[29:00] don't need their oil. We don't need
[29:02] anything they have, but we're there to
[29:04] help our allies. Tonight, I want to
[29:07] provide an update on the tremendous
[29:09] progress our warriors have made in Iran
[29:12] and discuss why Operation Epic Fury is
[29:15] necessary for the safety of America and
[29:17] the security of the free world. From the
[29:21] very first day I announced my campaign
[29:23] for president in 2015,
[29:27] I have vowed that I would never allow
[29:29] Iran to have a nuclear weapon. This
[29:32] fanatical regime has been chanting death
[29:36] to America.
[29:39] Their
[29:40] proxies were behind the murder of 241
[29:45] Americans in the Marine barracks bombing
[29:47] in Beirut, the slaughter of hundreds of
[29:50] our service members with roadside bombs.
[29:53] They were involved in the attack on the
[29:55] USS Cole and they carried out the
[29:59] countless other heinous acts including
[30:01] the blood just horrible bloody
[30:04] atrocities of October 7th in Israel.
[30:09] something that most people have never
[30:10] seen anything like it. This murderous
[30:13] regime also recently killed 45,000 of
[30:17] their own people who were protesting in
[30:20] Iran. 45,000 dead. For these terrorists
[30:23] to have nuclear weapons would be an
[30:26] intolerable threat. The most violent and
[30:29] thuggish regime on earth would be free
[30:32] to carry out their campaigns of terror,
[30:34] coercion, conquest, and mass murder from
[30:37] behind. a nuclear shield. I will never
[30:40] let that happen and neither should any
[30:44] of our past presidents. This situation
[30:47] has been going on for 47 years and
[30:51] should have been handled long before I
[30:53] arrived in office. I did many things
[30:56] during my two terms in office to stop
[30:59] the quest for nuclear weapons by Iran
[31:02] first. And perhaps most importantly, I
[31:05] killed General Cassam Salami
[31:09] in my first term. He was an evil genius,
[31:13] brilliant person, a horrible human
[31:15] being. However, the father of the
[31:18] roadside bomb and he lived just horrible
[31:22] what he did. Iran would have been
[31:25] perhaps in far better, stronger
[31:27] position. Haiti lived, we would have had
[31:30] probably a different conversation
[31:32] tonight. But you know what? We'd still
[31:33] be winning and winning big. And then
[31:36] very importantly, I terminated Barack
[31:38] Hussein Obama's Iran nuclear deal. A
[31:40] disaster. Obama gave them $1.7 billion
[31:45] in cash.
[31:46] >> Yeah. Of their own money back.
[31:47] >> Mean cash. Took it out of banks from
[31:50] Virginia, DC, and Maryland. All the cash
[31:53] they had. flew it by airplanes in an
[31:56] attempt to buy their respect and
[31:58] loyalty, but it didn't work. They
[32:00] laughed at our president and went on
[32:02] with their mission to have a nuclear
[32:04] bomb. His Iran deal would have led to a
[32:08] colossal arsenal of massive nuclear
[32:10] weapons for Iran and they would have had
[32:13] them years ago and they would have used
[32:15] them. Would have been a different world.
[32:18] There would have been no Middle East and
[32:20] no Israel right now in my opinion, the
[32:22] opinion of a lot of great experts had I
[32:24] not terminated that terrible deal. And I
[32:26] was I was so honored to do it. I was so
[32:29] proud to do it. It was so bad right from
[32:31] the beginning. Essentially, I did what
[32:33] no other president was willing to do.
[32:36] They made mistakes and I am correcting
[32:39] them. My first preference was always the
[32:42] path of diplomacy. Yet the regime
[32:45] continued their relentless quest for
[32:47] nuclear weapons and rejected every
[32:49] attempt at an agreement. For this
[32:52] reason, in June, I ordered a strike on
[32:55] Iran's key nuclear facilities in
[32:57] Operation Midnight Hammer. Nobody's ever
[33:00] seen anything like it. Those beautiful
[33:03] B2 bombers performed magnificently.
[33:07] We totally obliterated those nuclear
[33:09] sites. The regime then sought to rebuild
[33:13] their nuclear program at a totally
[33:15] different location, making clear they
[33:17] had no intention of abandoning their
[33:19] pursuit of nuclear weapons.
[33:22] They were also rapidly building a vast
[33:24] stockpile of conventional ballistic
[33:27] missiles and would soon have had
[33:29] missiles that could reach the American
[33:32] homeland, Europe, and virtually any
[33:34] other place on Earth. Iran's strategy
[33:37] was so obvious. They wanted to produce
[33:40] as many missiles as possible and they
[33:43] did with the longest range possible and
[33:46] they had some weapons that nobody
[33:48] believed they had. We just learned that
[33:50] out. We took them out. We took them all
[33:52] out so that no one would really dare
[33:54] stop them and their race for a nuclear
[33:57] bomb, a nuclear weapon, a nuclear weapon
[34:00] like nobody's ever seen before. They
[34:02] were right at the doorstep. For years,
[34:05] everyone has said that Iran cannot have
[34:08] nuclear weapons. But in the end, those
[34:11] are just words if you're not willing to
[34:13] take action when the time comes. As I
[34:16] stated in my announcement of Operation
[34:19] Epic Fury, our objectives are very
[34:22] simple and clear. We are systematically
[34:25] dismantling the regime's ability to
[34:27] threaten America or project power
[34:30] outside of their borders. That means
[34:32] eliminating Iran's navy, which is now
[34:36] absolutely destroyed,
[34:39] hurting their air force and their
[34:41] missile program at levels never seen
[34:43] before, and annihilating their defense
[34:46] industrial base. We've done all of it.
[34:48] Their navy is gone, their air force is
[34:50] gone. Their missiles are just about used
[34:53] up or beaten. Taken together, these
[34:56] actions will Iran military,
[34:58] crush their ability to support terrorist
[35:00] proxies, and deny them the ability to
[35:02] build a nuclear bomb. Our armed forces
[35:06] have been extraordinary. There's never
[35:09] been anything like it militarily.
[35:11] Everyone is talking about it. And
[35:13] tonight, I'm pleased to say that these
[35:16] core strategic objectives are nearing
[35:19] completion. As we celebrate this
[35:21] progress, we think especially of the 13
[35:24] American warriors who have laid down
[35:26] their lives in this fight to prevent our
[35:30] children from ever having to face a
[35:32] nuclear Iran. Twice this past month,
[35:36] I've traveled to Dover Air Force Base.
[35:39] And it's been something. I wanted to be
[35:42] with those heroes as they returned to
[35:44] American. So, and I was with them and
[35:47] their families, their parents, their
[35:48] wives, the husbands. We salute them. And
[35:52] now we must honor them by completing the
[35:55] mission for which they gave their lives.
[35:57] that every single one of the people,
[36:00] their loved ones said, "Please, sir,
[36:02] please finish the job." Everyone
[36:04] >> finish the job.
[36:06] >> And we are going to finish the job. And
[36:08] we're going to finish it very fast.
[36:09] We're getting very close. I want to
[36:11] thank our allies in the Middle East,
[36:13] Israel,
[36:14] >> Saudi Arabia, Qatar,
[36:16] >> Israel,
[36:17] >> the UAE, Kuwait, and Bahrain.
[36:20] >> They've been great, and we will not let
[36:23] them get hurt or fail in any way, shape,
[36:26] or form.
[36:27] Many Americans have been concerned to
[36:30] see the recent rise in gasoline prices
[36:32] here at home.
[36:34] >> This short-term increase has been
[36:36] entirely the result of the Iranian
[36:38] regime launching deranged terror attacks
[36:41] against commercial oil tankers and
[36:43] neighboring countries that have nothing
[36:45] to do with the conflict. This is yet
[36:48] more proof that Iran can never be
[36:50] trusted with nuclear weapons. They will
[36:52] use them and they will use them quickly.
[36:55] that would lead to decades of extortion,
[36:58] economic pain, and instability worse
[37:00] than we can ever imagine. The United
[37:04] States has never been better prepared
[37:06] economically to confront this threat.
[37:08] You all know that. We built the
[37:10] strongest economy in history. We're
[37:13] going through it right now. The
[37:14] strongest in history. In one year, we've
[37:17] taken a dead and crippled country. I
[37:20] hate to say that, but we were a dead and
[37:23] crippled country after the last
[37:27] administration and made it the hottest
[37:29] country anywhere in the world by far
[37:32] with no inflation. Record setting
[37:34] investments coming into the United
[37:36] States over $18 trillion and the highest
[37:39] stock market ever with 53 all-time
[37:43] record highs in just one year.
[37:46] It all positioned us to get rid of a
[37:48] cancer that has long simmerred. It's
[37:50] known as the nuclear Iran. And they
[37:54] didn't know what was coming. They've
[37:56] never imagined it. Remember, because of
[37:59] our drill a baby drill program, America
[38:01] has plenty of gas. We have so much gas.
[38:04] Under my leadership, we are number one
[38:07] producer of oil and gas on the planet
[38:09] without even discussing the millions of
[38:11] barrels that we're getting from
[38:13] Venezuela.
[38:15] Because of the Trump administration's
[38:17] policies, we produce more oil and gas
[38:19] than Saudi Arabia and Russia combined.
[38:22] Think of that. Saudi Arabia and Russia
[38:24] combined. And that number will soon be
[38:27] substantially higher than that. There's
[38:30] no country like us anywhere in the
[38:33] world. and we're in great shape for the
[38:35] future. The United States imports almost
[38:38] no oil through the Ormo Strait and won't
[38:42] be taking any in the future. We don't
[38:44] need it. We haven't needed it and we
[38:46] don't need it. We've beaten and
[38:49] completely decimated Iran. They are
[38:52] decimated both militarily and
[38:55] economically and in every other way. And
[38:58] the countries of the world that do
[39:00] receive oil through the Hormone Strait
[39:02] must take care of that passage. They
[39:04] must cherish it. They must grab it and
[39:07] cherish it. They can do it easily. We
[39:10] will be helpful, but they should take
[39:12] the lead in protecting the oil that they
[39:15] so desperately depend on. So to those
[39:17] countries that can't get fuel, many of
[39:20] which refuse to get involved in the
[39:23] decapitation of Iran, we had to do it
[39:25] ourselves.
[39:26] I have a suggestion. Number one, buy oil
[39:29] from the United States of America. We
[39:31] have plenty. We have so much. And number
[39:33] two, build up some delayed courage.
[39:36] Should have done it before. Should have
[39:37] done it with us as we asked. Go to the
[39:40] straight and just take it, protect it,
[39:43] use it for yourselves. Iran has been
[39:46] essentially decimated. The hard part is
[39:49] done. So, it should be easy. And in any
[39:52] event, when this conflict is over, the
[39:54] strait will open up naturally. It'll
[39:57] just open up naturally. They're going to
[39:58] want to be able to sell oil because
[40:01] that's all they have to try and rebuild.
[40:03] It will resume the flowing and the gas
[40:07] prices will rapidly come back down.
[40:09] Stock prices will rapidly go back up.
[40:11] They haven't come down very much.
[40:13] Frankly, they came down a little bit,
[40:15] but they've had some very good days over
[40:17] the last couple of days. We've done
[40:19] actually much better than I thought, but
[40:21] we had to take that little journey to
[40:23] Iran to get rid of this horrible threat.
[40:26] With our historic tax cuts where people
[40:28] are just now talking about receiving
[40:31] larger refunds than they ever thought
[40:33] possible, they are getting so much more
[40:36] money than they thought. That's from the
[40:37] great big beautiful bill. Our economy is
[40:40] strong and improving by the day and it
[40:42] will soon be roaring back like never
[40:45] before. or it will top the levels that
[40:47] it was a month ago. I've made clear from
[40:50] the beginning of Operation Epic Fury
[40:52] that we will continue until our
[40:54] objectives are fully achieved. Thanks to
[40:57] the progress we've made, I can say
[40:59] tonight that we are on track to complete
[41:01] all of America's military objectives
[41:04] shortly. Very shortly, we are going to
[41:07] hit them extremely hard over the next
[41:09] two to three weeks. We're going to bring
[41:12] them back to the stone ages where they
[41:15] belong. In the meantime, discussions are
[41:17] ongoing. Regime change was not our goal.
[41:21] We never said regime change, but regime
[41:23] change has occurred because of all of
[41:26] their original leaders death.
[41:30] >> They're all dead.
[41:32] >> The new group is less radical and much
[41:34] more reasonable. Yet if during this
[41:37] period of time no deal is made, we have
[41:39] our eyes on key targets. If there is no
[41:42] deal, we are going to hit each and every
[41:44] one of their electric generating plants
[41:47] very hard and probably simultaneously.
[41:50] We have not hit their oil, even though
[41:52] that's the easiest target of all because
[41:55] it would not give them even a small
[41:57] chance of survival or rebuilding.
[42:01] But we could hit it and it would be gone
[42:04] and there's not a thing they could do
[42:06] about it. They have no anti-aircraft
[42:08] equipment. Their radar is 100%
[42:11] annihilated. We are unstoppable as a
[42:15] military force. The nuclear sites that
[42:18] we obliterated with the B2 bombers have
[42:20] been hit so hard that it would take
[42:23] months to get near the nuclear dust. And
[42:26] we have it under intense satellite
[42:29] surveillance and control. If we see them
[42:32] make a move, even a move for it, we'll
[42:35] hit them with missiles very hard. Again,
[42:38] we have all the cards. They have none.
[42:40] It's very important that we keep this
[42:42] conflict in perspective.
[42:45] American involvement in World War I
[42:49] lasted one year, 7 months, and 5 days.
[42:53] World War II lasted for 3 years, 8
[42:56] months, and 25 days. The Korean War
[42:59] lasted for three years, 1 month, and two
[43:02] days. The Vietnam War lasted for 19
[43:06] years, 5 months, and 29 days. Iraq went
[43:10] on for 8 years, 8 months, and 28 days.
[43:15] We are in this military operation so
[43:17] powerful, so brilliant against one of
[43:19] the most powerful countries for
[43:22] 32 days and the country has been
[43:26] eviscerated and essentially is really no
[43:29] longer a threat. They were the bully of
[43:32] the Middle East, but they're the bully
[43:33] no longer. This is a true investment in
[43:37] your children and your grandchildren's
[43:39] future. The whole world is watching and
[43:42] they can't believe the power, strength,
[43:44] and brilliance. They just can't believe
[43:47] what they're seeing. They leave it to
[43:50] your imagination, but they can't believe
[43:52] what they're seeing. The brilliance of
[43:53] the United States military. Tonight,
[43:57] every American can look forward to a day
[43:59] when we are finally free from the
[44:01] wickedness of Iranian aggression and the
[44:04] spectre of nuclear blackmail. Because of
[44:07] the actions we have taken, we are on the
[44:09] cusp of ending Iran's sinister threat to
[44:12] America and the world. And I'll tell
[44:14] you, the world is watching. And when we
[44:17] do, when it's all over, the United
[44:20] States will be safer, stronger, more
[44:23] prosperous, and greater than it has ever
[44:25] been before. May God bless the men and
[44:28] women of the United States Armed Forces,
[44:30] and may God bless the United States of
[44:34] America. Thank you very much and good
[44:36] night.
[44:37] >> Well, that was President Trump with a
[44:40] major
[44:41] >> Wow. Okay, let's do a little bit of a
[44:43] summary here because that was a lot UH
[44:48] OF BULL CRAP. NO, let's let's be honest
[44:50] about this. So, I'm going to break it
[44:52] down. I'm going to give you my POV on
[44:53] this. Uh let's keep it quick. All right,
[44:55] here we go.
[44:57] Donald Trump just addressed the nation
[44:59] regarding Iran. Before this speech, I
[45:01] gave a 65% chance that Donald Trump
[45:04] would indicate we would ramp up attacks
[45:07] over the next two to 3 weeks and I gave
[45:10] smaller percentage chances that Donald
[45:12] Trump would declare victory and walk
[45:14] away and deescalate the situation.
[45:17] Unfortunately, what happened here is we
[45:20] did get a threat to ramp up attacks. In
[45:24] fact, Donald Trump's notable quote was
[45:27] that we will send Iran back to the stone
[45:30] age and after we do the straight of
[45:33] harmonically
[45:35] open back up. The stock market and
[45:38] futures didn't really love hearing that.
[45:41] Brent oil jumped to about 105 as we
[45:45] started hearing these comments from
[45:47] Donald Trump because we didn't actually
[45:49] get a plan which we're not expecting
[45:52] battle plans but we didn't actually get
[45:54] a clear objective of what's left to do
[45:57] or a plan for what's going to happen
[46:00] with the straight of Hormuz which
[46:01] obviously is responsible for a very
[46:04] large portion you know 20% of the
[46:05] world's oil supplies a lot of our
[46:08] liqufied natural gas uh liqufied natural
[46:10] gas supplies as well as helium for chip
[46:12] manufacturing. I'll be posting a memory
[46:14] video later tonight talking about memory
[46:16] prices by the way in OpenAI. I encourage
[46:18] you to subscribe and watch that video.
[46:20] It's a great dive into private credit as
[46:22] well and OpenAI. But more importantly
[46:24] here, Donald Trump compares this
[46:27] operation as only being one month to the
[46:31] length of World War I
[46:33] to other wars and conflicts. You know,
[46:35] one year, three years for one and two
[46:38] and and these long time frames. And he's
[46:40] really bragging about how we've
[46:43] obliterated Iran. I mean, here just
[46:45] looking at our bingo sheet, because we
[46:47] made a bingo sheet, you know, we got
[46:49] we've obliterated. He said regime change
[46:51] has happened, which we know is not true.
[46:53] We literally have the more radical son
[46:56] of the current Ayatollah leading the
[46:59] IRGC and having veto power over
[47:02] essentially any legislative body and the
[47:05] president of Iran. So, we don't really
[47:07] have regime change here. Donald Trump
[47:09] did dump on NATO though he stopped short
[47:11] of threatening to withdraw from NATO
[47:13] probably because he realized we can't
[47:15] withdraw from NATO because back in like
[47:17] 2013 even Marco Rubio signed on to this
[47:20] which is kind of ironic but signed on to
[47:22] the only way we can withdraw from NATO
[47:24] is if the Senate authorizes it which
[47:26] obviously the Senate isn't expected to
[47:28] authorize. Uh then you know we we did
[47:30] hear Donald Trump say that in in so many
[47:33] words there's still some work left to
[47:35] do. Uh, and we literally wrote down a
[47:37] quote and said, "People are telling me
[47:39] to finish the job." That's what we were
[47:40] expecting on the bingo board. Donald
[47:41] Trump literally used the words, "We're
[47:44] going to finish the job. I'm being asked
[47:46] to finish the job." Uh, and so the
[47:49] problem with this is we don't really
[47:50] know what's left. We know that Donald
[47:53] Trump says we've obliterated their navy.
[47:55] We've obliterated their air force. We
[47:57] put that on the bingo board as well. We
[47:59] expected that to happen. We expected him
[48:02] to talk about the nuclear dust which is
[48:04] really the highlyenriched uranium that
[48:06] we we know that existed. Uh this exists
[48:09] in they almost look like oil barrels
[48:11] except imagine they're like you know
[48:13] labeled with you know hazardous material
[48:15] kind of you know I don't know labels
[48:17] except something like that. I don't
[48:18] know. Uh but anyway, the point is
[48:21] weapons inspectors from uh and and
[48:24] nuclear inspectors from the
[48:26] International Atomic Energy
[48:27] Administration have inspected and tested
[48:30] the quantities of this highlyenriched
[48:32] uranium. We know they have it or at
[48:34] least had it. We know there are weighed
[48:37] 460 kg which is about 1,17 lbs of this
[48:42] highlyenriched uranium. And we know if
[48:44] you enrich it further to about 90% in
[48:46] centrifuges deep underground likely in
[48:49] my opinion at at uh facilities like
[48:51] pickaxe mountain which as far as I can
[48:52] tell has not been struck yet. I believe
[48:54] that a lot of this highly enriched
[48:56] uranium was actually moved my opinion
[48:58] from Ford though and Espahan because we
[49:01] were tracking vehicle movement in the
[49:04] weeks before the B2 bombing attack. We
[49:06] think a lot of that highly enriched
[49:07] uranium was just moved you know even a
[49:10] couple you know 50 lbs at a time. I
[49:12] mean, it doesn't take that many cars to
[49:14] move 460 kilos to 10,000 lbs. It takes
[49:16] 20 cars if you do 50 at a time. It's not
[49:18] that big of a deal. It's not actually
[49:20] that much, but it's practically enough
[49:22] for 11 nuclear bombs. Donald Trump is
[49:24] telling us we know exactly where it is.
[49:26] It's buried so deep that it would take
[49:28] months to get to, which I hope he's
[49:31] telling the truth about that. I I really
[49:32] hope that because Donald Trump is
[49:34] setting the stage here to exit Iran
[49:36] within the next 2 or 3 weeks after
[49:39] sending them back to the stone age if
[49:41] negotiations don't go well. Now, what's
[49:43] actually interesting is I did not get
[49:45] this checked off on my box. I wrote down
[49:48] they're begging me and negotiations are
[49:50] going great as expectations that Donald
[49:52] Trump would say that because he said
[49:55] that so many times over the last few
[49:56] weeks. you know, we watch this pretty
[49:58] regularly what Donald Trump is saying
[49:59] and he's regularly said that he actually
[50:01] removed those items from his speech or
[50:04] they never made it into the speech which
[50:05] to me the lack of these two right here
[50:09] is actually a bearish indicator and this
[50:12] is why Donald Trump is ramping up
[50:14] aggression. This is why we are seeing
[50:16] more jamming planes get sent to the
[50:18] Middle East. This is why a third
[50:20] aircraft carrier is getting sent to the
[50:22] Middle East. the USS George WH Bush.
[50:24] It's a 2006 uh aged aircraft carrier.
[50:27] It's the third one because, you know,
[50:28] one of ours is, you know, docked in
[50:30] Croatia because it got damaged because
[50:32] of a laundry room fire. That's what
[50:34] we're told. Anyway, you know, we're also
[50:37] sending we're now doubling our A-10
[50:39] attack warthogs to the region, which in
[50:41] my opinion does not align with the
[50:43] straight of Hormuz will magically open.
[50:46] A-10 warthogs are lowflying aircraft. I
[50:48] think they've got a ceiling of like
[50:49] 15,000 ft. Might maybe might be a little
[50:51] higher than that. uh A-10 Warthog along
[50:53] with Apache helicopters. These are
[50:55] fantastic aircraft, but they're really
[50:57] used for uh attacks against uh low-lying
[51:02] targets such as drone launching
[51:04] facilities or missile launching
[51:06] facilities along the straight of Hormuz
[51:08] or coastlines. Uh and this is what we've
[51:10] been doing with our Apaches and our war
[51:12] hogs. And now we're sending more of that
[51:14] equipment to the region. So, it seems
[51:16] like to me there's a ramp up not just of
[51:18] troops, but also of equipment and
[51:19] supplies, which does align with Donald
[51:22] Trump's comment here that we're going to
[51:25] send them back to the Stone Age. We're
[51:26] going to hit them even harder over the
[51:28] next 2 to 3 weeks. He basically implied
[51:30] that things are going to get tougher in
[51:32] the short term. I didn't actually check
[51:34] that off on my bingo board, but he
[51:36] implied if these negotiations don't get
[51:38] better, things are going to get tougher
[51:39] in the short term. He didn't say we
[51:42] ended their nuclear a nuclear program.
[51:44] He did say that we've crippled their
[51:46] ability to launch, but he he stayed away
[51:50] from making that argument. I was
[51:51] actually surprised he did not mention
[51:53] the Federal Reserve. He was one minute
[51:54] late. He did, of course, slam the Obama
[51:57] nuclear deal, the JCPOA. You know, this
[52:00] is where uh Donald Trump regularly
[52:02] brings up the story of us having
[52:03] returned the $1.7 billion to Iran, which
[52:06] of course Donald Trump never mentions
[52:07] was seized Iranian money and uh it, you
[52:10] know, it was it was returned to Iran. So
[52:12] that way Iran would uh also agree to
[52:14] weapons inspectors going to their heavy
[52:16] water plants and uh and their nuclear
[52:19] enrichment sites. So we could actually
[52:20] weigh and inspect how much highly
[52:22] enriched uranium they actually have, the
[52:25] locations of the uranium, the locations
[52:27] of the centrifuges. we can map out the
[52:29] facilities. Donald Trump didn't like the
[52:31] deal probably because he didn't like
[52:32] Obama. Canned that deal. Said he'd make
[52:34] a better deal. Never made a better deal.
[52:36] And you know, neither did Biden in
[52:38] fairness. Although we did get weapons
[52:40] inspectors back in under Biden. Uh and
[52:42] then, you know, after Midnight Hammer,
[52:43] we haven't seen a weapons inspector in
[52:45] Iran since. So, we're we're operating a
[52:47] little bit blind. Of course, uh Trump
[52:49] slammed Biden. Donald Trump uh even
[52:52] though this was news earlier today that
[52:54] will potentially monitor the region uh
[52:57] after we leave after two or three weeks,
[52:59] Donald Trump didn't mention that. He did
[53:01] mention that there's essentially nobody
[53:03] left, that they've killed all the
[53:04] leaders, we have the best military,
[53:06] nobody, you know, he said things like
[53:07] what we're doing have never been done
[53:09] before. He did indicate that the stock
[53:11] market hadn't gone down as much as he
[53:13] thought. I wrote oil is what my
[53:15] expectation was down. Uh Trump also
[53:17] downplayed Hormuz suggesting there's
[53:19] really nothing for us to get there and
[53:20] if people want the Hormuz straight or
[53:23] sort of Hormuz to be open they should
[53:25] just go and get it or buy American oil.
[53:27] The problem with this argument by the
[53:28] way of just buy American oil is if you
[53:30] increase demand for American oil you're
[53:32] just going to drive up the price of
[53:33] American oil. And when you drive up the
[53:36] price of American oil, people go to
[53:37] substitutes like international blends
[53:39] such as Brent and then you increase the
[53:42] price of Brent. So really like it
[53:44] doesn't really matter if they're if
[53:45] people are buying international blends
[53:48] or US blends. There is a net amount of
[53:51] oil that needs to be purchased for
[53:53] consumption and the overall rates of oil
[53:57] will float up or down based on that net
[53:59] demand and of course you do end up with
[54:01] demand destruction if prices go too
[54:03] high. Uh now in the uh night hours if we
[54:07] will uh we can see that the market is
[54:09] selling down on this. Yeah, I always
[54:12] take this with a grain of salt when we
[54:13] go into our course member live streams.
[54:15] We like to set up uh trading indicators
[54:17] uh entirely differently and we do that
[54:20] every day before the market is open.
[54:22] Usually about 20 to 30 minutes before
[54:24] the market opens up. We have a game
[54:26] plan. We talk about it. We do
[54:27] fundamental analysis. And so you could
[54:29] see some pain over here in the after
[54:31] hours. NASDAQ down about 1%, Amazon
[54:33] about 1.3. I've got uh Micron, SanDisk,
[54:37] Western Digital, all about 3%. Tesla
[54:39] down about two here. All in reaction uh
[54:43] to um to Donald Trump's speech here.
[54:46] Again, I think Donald Trump's speech
[54:47] just really was it was a big pep talk,
[54:50] but it did imply escalation. He says,
[54:53] you know, we're winning bigger than ever
[54:54] before. He always says that, of course,
[54:57] this is his propaganda. Uh he says that
[54:59] the Iranians are terrorists. They cannot
[55:01] have nuclear weapons. He even goes
[55:03] through the history of some attacks
[55:05] against USS Cole, Beirut, roadside
[55:08] bombs, and otherwise. And it's really a
[55:09] way for him to sort of justify this
[55:11] continued attack against Iran. And
[55:15] reiterates how important it is that they
[55:17] never end up having a nuclear weapon. At
[55:19] no point do you actually really hear
[55:22] negotiations are going well or we're
[55:24] talking to the president, things are
[55:25] going good. You just hear we're winning.
[55:28] We're crushing them. By the way, we're
[55:30] about to win and crush them even more
[55:33] because we're going to send them back to
[55:34] the stone age. So, all of this
[55:37] conversation, unfortunately, was an
[55:40] escalation, which again, if we look at
[55:42] my uh four scenarios, uh these were the
[55:45] scenarios that I gave earlier today. Uh
[55:47] I gave us a 65% chance of prepare for
[55:50] escalation.
[55:52] Uh and only a 30% chance that we would
[55:55] hear it'll be over soon. negotiations
[55:58] are going great. That did not happen at
[56:00] all. None of that. This was not designed
[56:04] to call markets. This was not a sign
[56:05] that negotiations are going good. This
[56:07] was to put on a strong face that the
[56:10] United States is going to continue to
[56:11] beat the crap out of Iran until they
[56:12] fold. This was supposed to be a power
[56:15] speech, not to the American people, but
[56:17] to Iran. That, you know, to say you're
[56:19] going to send somebody back to the Stone
[56:21] Age just makes me think of Age of
[56:22] Empires. And uh I don't like the Stone
[56:25] Age. Okay. Uh although I do have that
[56:28] guy I don't who which one of my buttons
[56:29] is that
[56:30] >> lost the lead.
[56:31] >> No, not that one.
[56:33] >> There it is. I found it.
[56:37] >> Oh, I love that. Oh, that game was so
[56:39] great. Sorry. I I have this like
[56:40] squirrel. Anyway, where were we? Uh our
[56:44] allies suck did get mentioned obviously.
[56:46] Uh but Donald Trump withdrawing in this
[56:49] speech I only gave a 5% chance of
[56:51] happening. So we had a 30% chance that
[56:54] negotiations were going good. 5% chance
[56:56] that we would just stop right now. Uh
[56:58] and and you know that didn't end up
[57:00] happening. And then we ended up with
[57:01] this 65% chance that there would be an
[57:03] escalation. So prepare for escalation.
[57:06] Two to 3 weeks left and we're going to
[57:08] finish our objectives in Iran. In
[57:11] fairness, I did hope that he was going
[57:14] to get the Strait of Hormuz open within
[57:16] 2 weeks. He did not say that. He did not
[57:19] make that promise. Instead, he literally
[57:21] said, "When this war is over, the
[57:24] Straight of Hormuz will just naturally
[57:26] open up. It'll just happen. It'll just
[57:28] open up."
[57:31] Okay. All right. That is a very strange
[57:35] way to put it. It's just going to
[57:37] magically all be okay, I guess. So,
[57:40] there you have it. Uh, if you haven't
[57:42] yet, go check out meekcaven.com. We do
[57:44] have an expiring coupon code today and
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[58:17] you can see it all over at meetke.com.
[58:19] I'm going to go hang out with the babies
[58:21] before they go to sleep. Thank you so
[58:22] very much to be for being here. It is
[58:24] also my 18th anniversary. I met Lauren
[58:28] when I was 16 years old and uh you know,
[58:32] we we were in a relationship within a
[58:34] few days of meeting. Uh we met in Paris
[58:38] on a little river cruise, which is kind
[58:40] of crazy to say. And uh you know, here
[58:42] we are 18 years later and we got seven
[58:44] kids and uh hopefully more more to come
[58:46] in the future. So anyway, thank you so
[58:48] much for being here, folks. Have a
[58:49] wonderful um April 1. No uh no April
[58:52] Fools jokes from Kevin today. A little
[58:54] too serious with what's going on in the
[58:56] world. Anyway, have a good