 The following is a presentation of TFNN the Tiger Technician Hour with your host Basil Chapman. Call now toll-free at 1-877-927-6648. What is going on folks? My name is Jacob. Today we had the queues up a little bit making some wild moves in the past just honestly year-to-date. We'll see what happens today. Obviously yesterday we had a big bump up. Let's move to three days. I mean this is pretty wild moving. So we have some volume right here really shaking up obviously really big volume coming up to this kind of mini consolidation point. So that's pretty neat. We have the Dow up 44 points, NASDAQ up 20, and then the Russell's up 0.31. We have about five points. Okay so today I want to look at John Deere. They never bet against the tractor man. Sometimes you do but in this case it would have been a bad move. So they came out pretty strong today. Not an extraordinary volume but we had a nice pop-up on them. Let me see here real quick. So this easily topped the fiscal second quarter earnings estimates early Friday despite worries about farm prices. That's true right? And economic growth is a lot of the whole agricultural industry is pretty fascinating and I don't have my head fully wrapped around it but you know anyone who's looking into this can see there might have been some issues with it. However it rallied pretty strongly. For Q2 which ended in April Deere earnings were forecasted to grow 26% to 8.58 a share $8.58. Total revenue was seen rising nearly 20% and in fact it jumped 42% to 9.65 a share and then revenue swelled the 30%. That's pretty impressive and you know these tractors are any of this kind of like for some reason I get recommended on YouTube. I get recommended like really strange videos and one of them is like just farmers making little shorts and they talk about their tractors and talk about their equipment. These things are extraordinarily expensive and so there's a whole little finance segment that just exists to help farmers get these things and I'm sure that diving deeper into that would probably enlighten us a little bit of why this exploded so much. But regardless interesting to kind of see that. As well people were talking about in the den and again this is a war of attrition you got to get in the den and I'll keep reminding you constantly. Was wise key international holdings this is obviously very small cap but exploded today on volume and I was like what is wise key I've never heard of this before and it's interesting because it ties in with what we were talking about yesterday and they are a cybersecurity firm that works on connecting the Internet of Things the IOTs and the reason why this that I was really discovering the reason why this had any kind of big explosion these guys are spawn excuse me headquartered out in Zurich. They operated with a company called Fossa Systems which is a satellite company and so they're launching about 80 satellites right and this is going to help connect IOT. This is these are apparently pretty advanced satellites. It says it's called the why sat satellites is a security IOT hardened nano satellite designed to further drive down satellite costs for IOT applications. As more satellites are deployed wise sat and Fossa will offer lower latency time just communication reaching near real-time data with the 80 satellites projected. I mean listen the IOT market is huge I don't think it's spoken about enough is it necessary to have your washing machine communicate with the Internet I don't know but it is a thing and there's a lot of money in it so there it's you know something you can't really ignore totally if you want to get a slice of the pie at least in the virtualization of everything. But pretty neat movements these little stocks obviously move so extremely pretty big amount okay as well I'm gonna look at Lulu because Lulu kind of got smacked today a little bit of smoke obviously if you look on it like on a year-to-date let's see here it looks pretty oh my goodness haha I'm looking on a year-to-date if you're taking like this right like the past three months it seemed pretty substantial if you move it out to a year-to-date you can see you know we this is on low volume and and really I was I was looking around and trying to dig in because this company is solid right every girl I know uses these even guys that I do sports with they wear Lulu lemon this this company has extraordinary amount of dominance so I was curious as to why we even saw this and I think it really a lot has to do with with the locker getting smoked I think Nike is down as well kind of on the same concept yeah on the long though Lulu is such a solid company the one thing I did see is there was a they're going back to tiktok again apparently a very popular tiktok user she came out with whatever their videos are called saying that this company sells duplicates and they're there's exactly like new lemon and you know we're seeing a lot of that now especially with up if you guys have seen advertisements for that Chinese company Temu it's like a that is basically the design is it's like factory straight to your doorstep so factory in China that produces whatever kind of tech or you know just household goods and instead of going through a middleman which are you know the American middleman which will like up charge you an immense amount they're gonna send it to you right to your doorstep so one of their big things are doing is they have the Samsung headphones that they're selling for $2 instead of 60 or whatever and I think this is the same kind of concept so a lot of duplicates are getting out obviously this got a huge amount of attention I don't know if that's really why this talk to today again I think it has more to do with like foot locker and everything and kind of like the athletic a kind of segment just being kind of down because of a foot locker but what's interesting is Lulu Lemons response to these duplicates becoming at least somewhat popular and so they're doing a one of the new kind of cultural phenomena and maybe it was popular in the past but they're called swap meets right and I know sometimes guys do it but a lot of women I know do this right and they'll go and they just basically switch clothing right with other women and it's a cheap way to kind of diversify your your wardrobe or whatever and so what they're doing is they're doing Lulu lemon is creating a swap as well and you bring your duplicate and they'll give you the real Lulu lemon that's an interesting way to kind of like maintain dominance of course is not a long-term thing because what you're gonna get is people buying duplicates just to get the real stuff one interesting way I feel like a company has dealt with this before like competitors excuse me gotta love those allergies folks with Starbucks right and so what they did is they would create what looked like mom and pop or like you know hipster geared cafes down the road and in fact it was actually just Starbucks goods that they were selling and it was run by Starbucks and you know I think on a long term if this actually becomes a serious issue Lulu lemon could do something like that but really on the on the whole their their C-suite is so competent I mean it is amazing to see how much this stock has blown up especially in a pretty saturated market right I mean you have Nike you have like Archaeopteryx you have a bunch of different kind of competitors in this market and Lulu has continued to show that they are dominant I think the stocks cool you're still getting kind of consolidated movement on really low volume after this major explosion I wouldn't get in I guess but it's still a pretty solid stock if you're holding it folks stay tuned we will be right back if you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter you should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals sign up for rocket equities and options report today with a 30-day money-back guarantee so you have nothing to risk for all the details and to start your subscription today visit the front page of TFNN.com TFNN educating investors you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call 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yeah so we had a caller over the break went and take a look at Newmont so Newmont just is basically acquiring new crest right this has been insane they're gonna be one of the largest if not the largest I think gold producer Newmont has kind of been underperforming that may not underperforming but they're down 28% over the year and that for a lot of other stocks at least like in the gold sector is definitely kind of underperforming so the way that I look at this right and again if you want like some real in-depth kind of look at these gold stocks I would honestly go to our man Tom because he's just been doing it for so long but the way I see it is like it's not out competing things like EGO, El Dorado, it's not out competing things like AGI or anything like that right they have a I pulled up their first quarter call right and said that it's on track to meet its attributable gold production projection a 5.7 to 6.3 million I think things have been so strange in the gold market and currently you know we're seeing a pullback especially to with this increasing dollar as far as like the entire like share of the market that Newmont now possesses with this new crest acquisition it's obviously massive right it just depends with kind of how we see gold moving if the dollar continues to go strong I mean are you gonna see an actual increase in the gold market right now like no right does that necessarily add to them ramping up production or acquisition of gold not really right that's kind of my look on it again you had high volume we're reaching back and we we plunged through that last day with volume at least on the year-to-date chart and sitting steadily the past two days below not on any extreme volume whatsoever we'll see if that kind of retest the 45 area as far as the fundamentals fundamentals go again this acquisition is massive and they're they're huge they're huge I think these guys probably because of that they get affected very heavily by the way the rest of the gold market is going again you have the gdx down pretty significantly and everything else is getting you know actually I also want to see dust as well which is the the short on gold so we don't have any so we have an upward movement the past few days on this obviously right because the rest of the market this is this is inverse to the price of gold so you know I would say I would say stay tuned to see what happens at least if it retests that level the 45 and then also again defer really heavily to Tom on this because he knows everything I know I'm learning from Tom and it's just been a wealth of information and if you want anything a little bit more in depth than I can provide right now would strongly recommend you know shooting him in email or giving him a call as well but that's what I have for Newmont and looking out on it again the big winners have been like EGO and AGI recently so that is why I appreciate it thank you absolutely thank you for calling in Earl seriously okay let is let us take a look quickly then I want to pull up for you guys obviously we have some crazy stuff going on regarding the debt ceiling this is an interesting chart I won't spend too much time on it but this is treasury cash and we're about Yellen has this thing where you want to be at the 50,000 mark okay the 50 mark on it and we are we are hitting that so we'll see what happens it's like a day's spending away from hitting the total reserve that Yellen wants it seems again we always approach these points but everything kind of gets salvaged last minute this is cool too it depends who you are I suppose but just understanding really what's going on with it this is the commercial real estate and this is the prices downturn and these things are getting smoked in a massive way the CRE prices have slid for the first time since 2011 so commercial real estate is tumbled into a downturn as property values are sliding this situation worsens because small and regional banks are the biggest source of credit to CRE owners of course you've been listening to TFNN you know that already right Moody's analytics is not very doesn't have a very positive outlook on this so it said courthouse records of transactions revealed CRE market dropped about 1% in the quarter led by multifamily residences and office buildings their chief which is Mark Zandy warned that lots quote lots more price declines are coming according to Lisa Shaylett chief investment officer Morgan Stanley she believes the peak to trough CRE prices decline of about as much of 40% and that's worse than the great financial crisis and it's gonna be interesting to see how we like really adapt to this I think you know you have some major industry guys Elon Musk notably Jamie Dimon who are so opposed to this at-home work but let's be real like I think that we're gonna see the hybrid market stay the high the hybrid style of work right now you might get more like how should I say it like I would say as we we continue to move forward right you're probably gonna get a higher percent of the ratio being in office but people are fighting hard about it and I can see it say even from like anecdotes that I have people who friends that I know or family members who worked at home and they're rallying so hard to not go back into the office and maybe they've been forced to but it's now like a half and half right so you get three days in you get two days out on it right does it make sense to really pay rent on something like an office space when you're there for you know three-fifths of the time like probably not right I do see an increase probably in shared market space excuse me shared office space coming out but we'll kind of see how that shakes out and it's a complicated matter is JPMorgan's analysis again showing small banks have accounted for the lion's share of CRE lending relative to larger banks and that's shown in February 2023 it's just it's immense right large banks did not do this they had stayed stable since January 15th and the amount increases you know basically coming from from the small banks and that's gonna be a major issue too especially when everything's maturing and how much of it is really gonna get refinanced how difficult is it to refinance that Moody's also said regarding this like 84% of maturing office loans are gonna refate face refinancing challenges in 2023 we'll pull this over here nearly 90% of commercial mortgage backed securities office loans maturing in 2023 will face refinancing challenges while the fundamentals of the economy remains strong yeah commercial real estate sales volumes lending volumes and asset values all declined in the first quarter of the year and are not expected to pick up so long as interest rates remain high okay this is kind of like a little bit of divergence here but the fundamentals of the economy okay so job numbers still remain strong that's awesome I was talking about yesterday how the increase in credit right is stabilizing and I had this like feeling that maybe it was a little bit more v-shape right so you had like people higher up in the economic ladder we're being able to maybe like reduce the amount of credit they were taking on and that people lower down we're increasing their credit and that's actually what is happening and this is from CNBC this is published yesterday about noon Americans are spending big with credit cards okay it anyways I'm kind of going on a diatribe here but we'll get back to this we'll get back to this after the break stay tuned guys Steve Rhodes started his trading career as a student almost 20 years ago and the student has now become the master Steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 finishing at number two for the year an amazing accomplishment Steve Rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his 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each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world from the moment the market opens until the closing bell sounds Tiger TV has eight different shows with expert hosts to help you make the right moves with your money watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be TFNN educating investors this segment is brought to you by think or swim more information just click the think or swim banner on the front page of TFNN.com all right take a short break what we're talking about before the break in the den hello to eluto yeah he shared a little story story basically about what's happening in Ukraine right so as everything's getting messed up there this happens a lot right it seems like farmland and other kind of assets are being consolidated by wealthy people over there and by institutions here this happened in Germany of course after the war where you had a consolidation of everything basically to American industry and in some of the Western Germans very interesting I my grandfather was actually involved in that and that's a whole other story that I won't go into right now but he shed some light into what that was like after you know the war and the in the split Germany and kind of how the economy operated after that super interesting however it reminded me of this story that came out and this is awesome you know I am a finance major with like a focus on economics and so we in the groups that we would have in in college we also were mixed with the accounting people and I'm sure they probably thought the finance guys ate crayons or something like that but this made me feel a little bit vindicated today because the Pentagon overestimated the value of weapons for Ukraine by three billion dollars and that's just pretty nuts the error occurred it by incorrectly using the cost of replacing the weapons sent from US stockpiles with new equipment so basically in account for the depreciation of basically the weapons that they had right so you had like an RPG that was 300 bucks five years ago and now you have new stuff so it's 200 they were still charging it 300 dollars who knows what that allowed to have happened right like so how do you base around that obviously we do the lend lease act for Ukraine so that might have increased the debt on paper for them but pretty significant especially when you're in a world where the Pentagon just messed up their I can't think of the word now for some reason basically when when all their books got analyzed why can't I think of the word very common word anyways pretty pretty interesting to see what happens and it's just nuts and what they're saying now is there's three billion more that they can send be to Ukraine because of this accounting air right and we take a look at it what is really really the true cost right like Ukraine is in a rock and a hard place right like what are you gonna get taken over by Russia like no but now you're like extraordinarily indebted to foreign nationals as well and for foreign corporation so it's interesting to see what happens committed since last year of February some 37 billion in lethal aid to Ukraine that's pretty insane yeah well all right I'm gonna hop back to this just real quick give you the full numbers the National Office vacancies reach 19% in the first quarter of 2023 huge with some properties in San Francisco and other areas trading at what appears to be massive discounts and the reason why I'm like really focusing on this and why I'm drilling it in is again because we've been talking about this idea of everything being virtualized right and that is really how I see in the next decade if you could virtualize it right like you virtualized your oven it's going to be virtualized okay I really think this however there is a caveat to this right and it's what again we were talking about is security when you virtualize things you open up more room for things to be basically taken advantage of by threat actors okay and so this is why I say at least in like the IT world certainly things like cybersecurity or just net security in general I don't think things like chat GPT will be an immediate issue and why do I say that so for instance Samsung was using chat GPT to write code for their new update right this gets where is that code stored again we're going through this it's gets stored on some other server that doesn't belong to them and they don't have control over that server got breached and basically the code for Samsung got breached as well and therefore there was a there was a hack right and so this is a serious issue where you're like if you're thinking of something as sensitive is like your source code for updates or things like security right like if you're looking at a network and you're using chat GPT to do so that information is all being sent somewhere and so what I really see happening probably after a while and again I'll just to add on to what I'm saying is for instance that that password locker that just got hacked and everyone's passwords got locked right that's what they would teach you yet you need to do right and now it seems like the safest thing to actually do in reality is write it on a sticky note like put it under your desk or something like that right because everything gets breached and the more you kind of send out and you delegate security and storage to things that aren't you you do run a greater risk and I think that will become a little bit more apparent as time goes on but for instance what Apple is doing and again I think this is really what we're going to see after everything goes through a massive virtualization period and you know massive and clouding period but Apple bans internal jacksheet chat GPT use the iPhone maker exploring into house AI solutions I would say yeah they are the home server is going to be massive the DoD already does this right they haven't really changed but they're not putting their stuff on the cloud they're not delegating storage and of course that's an extreme example because it's the DoD but if you look in a world where again we were talking about corporate espionage people get hacked all the time and insensitive data is leaked out and that can end up costing companies hundreds of millions of dollars this is what you have to do you have to have on-site servers same thing with Google they all have on site servers and so what I see happening at least in the AI realm for business and sensitive business kind of data is you're going to see more enterprise level chat GPT's that are novel to the business themselves right like so you might be sold the bare bones you know quote-unquote of the AI but it's all programmable by you and your company in-house and you have total control of where that data goes and what it does right now that's not the way that chat GPT works and that's that's going to again be a major major problem so the decision to restrict the use of competing LLMs stems from concerns over potential leakage of user data and that stated in the report the tech giant is also reportedly in the process of developing its own similar technology additionally the document stated that Apple instructed its employees to refrain from utilizing Microsoft owned Githubs co-pilot that's actually pretty crazy and that's a software code writing automation tool again that was a major issue that Samsung ran into and they got you know bitten by it chat GPT developed from open AI the chat bot based on LLM capable of responding to queries generating essays we all know this however the utilization of such models involves the transmission of data back to the developers again outside of your company this practice raises concerns regarding the inadvertent disclosure of confidential information by organizations so you know again I for that for the common person this is huge and we already know that companies are I mean obviously your big tech are but like things like only major breach let's look at target right they had a major breach of sensitive customer data it seems like this this desire for security is kind of overlooked by a lot of companies so we might really see some more major hacks and and kind of exploits occur from this exact route and so I would keep an eye open for that folks stay tuned we'll be right back as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the London OTC market the US futures market and the Shanghai gold exchange the gold report Tom O'Brien publishes his weekly gold report every Monday morning for subscribers consisting of coverage of the XAU HUI GDX the dollar bonds the South African rand as well as 25 different mining equities with specific buy-sell recommendations the gold report new subscribers get a 30-day money back guarantee so you have nothing to risk subscribe to Tom O'Brien's gold report newsletter now at TFNN.com are you looking for a way to consistently add winning trades to your portfolio Tom O'Brien is here to help Tom O'Brien has been successfully trading markets for over 30 years a frequent contributor to TD Ameritrade Network and CNBC Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you Tom's daily market newsletter market insights is published every morning when the markets open to give you the competitive informational edge you need to succeed these newsletters are packed full of Tom's advanced technical analysis in our gear to deliver comprehensive strategies for a successful portfolio get Tom O'Brien's newsletter market insights today and try all of our products and newsletters 30 days risk-free with our money back guarantee at TFNN.com TFNN educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade L.A.B.U. or L.A.B.D. directions daily S&P biotech three times bull and bear ETFs visit direction investments dot com slash biotech today an investor should consider the investment objectives risks charges and expenses of the direction chairs carefully before investing the prospectus and summary prospectus contain this and other information about direction chairs to obtain a prospectus or summary prospectus please contact direction chairs at 866-476-7523 the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four-side fund services LLC this program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ wrap up Apple still up today Apple releasing that kind of thing which that that structure which I think really is going to be the future there's the head of the game I think Buffett and Munger added a ton more today when does it end I don't know but if you've been holding Apple been doing all right massive massive company all right I want to hop over to an interesting story this is the IRS from the IRS it flagged over 1 million tax returns for review citing possible identity theft whoa the Treasury Inspector General for tax administration's interim results of the 2023 filing season which are released May 10th cited 1.1 million identified as of March 2nd that warranted a closer look the IRS stated that thus far they have confirmed that 12,617 of the tax returns were fraudulent and they prevented a distribution of refunds totaling a hundred and five point three million dollars during the last tax year that's pretty significant right just for that number and they still have so many to go during the last tax year the IRS only identified 9,600 9,600 as confirmed fraudulent returns with the 2023 filing period already seeing around it yeah obviously a 3,000 jump the Inspector General for the Treasury excuse me went on to explain that these filters consist of reported income with holding amounts filling require excuse me filing requirements age filing history in prison status if a tax return is flagged by an agency filter the IRS will not process it until the taxpayers identification has been verified this is pretty insane there's another thing recently that not extraordinarily related but in some capacity it is this actually happened to one of my friends I was talking with them and they were planning on making a huge trip and for whatever reason they checked their credit karma right to see what their credit was I don't know why they were looking at it but they had a bunch of updates that they were dead that they were deceased and that someone's opening up new loans and their names and he started panicking and I'm looking at it and like oh that is not good man he called Equifax was on the phone forever and it turns out that it was a small glitch on credit karma side which like not really a small glitch right that was pretty nuts but having your identity taken and it's being used for this purpose is just a nightmare I did have a friend who actually recently in her identity was actually stolen and it has just been a miserable experience all right Europe approves the world's first cryptocurrency regulations America we'll get to this the European Union has approved a set of rules such as the excuse me the first such regulation in the world to regulate crypto assets like cryptocurrencies and tokens and a bid to curb money laundering activities and protect investors obviously there's a lot of that in Europe well it's maybe a bit more parent over there but the market and crypto assets legislation was approved on May 16th the new rules will increase transparency and create a comprehensive framework for businesses operating in crypto markets okay again this is like what happens sometimes and regulation for stuff you know can be positive but obviously you had like abuses because of FTX and Alameda and stuff like that and that was a major issue but if you're if you're trying to curb like actual you know what they're calling like gang activity and stuff like that these guys aren't using Bitcoin and what you're doing is just regulating you know above ground like financial companies and stuff like that again FTX that would have worked that would have been nice to have some oversight block 5 for instance three arrows but you're not gonna get rid of that like really dark under valley like what FTX was doing yeah was totally illegal and fraudulent and criminal but like that's not the company that's using crypto in order to shift drugs over borders or you know human traffic etc. and that's really what I think will be important to focus on in the future after this gets pushed out what's interesting I think you know America is always a little bit late this is a little diversion of what we're talking about but America is always a little late regarding some of the regulations that they choose and I was watching this documentary last night about a guy named Harvey Wiley who's born in the late 1800s and he became a chemist and a doctor and he was the big push like if you're familiar with that with the book the jungle by Upton Sinclair right it was talking about like the meatpacking district and how just like abysmal the conditions were and how unsafe they were this came out during a time where this guy Harvey Wiley this ended up creating the FDA was like hey man our food is totally adulterated it's not good stuff's full of borax salicylic acid this messes you up in a major way he had a group known as the poison squad and it was a bunch of young fit men and he just fed them like just borax boric acid and salicylic acid and it took forever to get Congress out of the grips of basically the big food producers and it led it to Teddy Roosevelt he was the one who finally pushed through regulation after years of him being in charge the reason why I also bring that up which is super interesting trying to see this here don't think I pulled it up be a moment but is it you know I love I love bringing up some of the new scientific discoveries and everything like that yeah I don't have it up but this is a you know we're kind of like re-seeing or you know we're revisiting a time like that right like history kind of repeats itself in a way and what this study was showing and Tommy was talking about a little bit the other day and some people in the den as well but I think we all know this like you know instinctually but you know we finally have some really good data coming out that consumption of ultra-processed foods associated with depression mesocortical limbic volume which shrinks the area that has to do with basically dopamine production and inflammation and ultra-processed consumption was associated with depressive symptoms associated with lower volumes in the mesocortical limbic brain region this can also affect that affects like executive functioning again dopamine reward systems and again that like this this is something that's not super regulated right this is so prominent just like it was back in the turn of the last century prominent among poor Americans they're the ones who are eating ultra-processed foods and we've been talking about it for so long and it seems like not much has been done Europe has like some pretty strict regulations at least on the consumption of food and you know you can say like regulations stem business into some extents that's true that was the argument they were using back in the turn of the century where they were putting again like high levels of very destructive chemicals and adulterants in the food I think we're going to see the I think on the on history UPF will be looked at this as well ultra-processed foods again this disrupts amygdala and hippocampal complex and what that does is essentially makes you when you with males when they have shrunken amygdala's become far more aggressive right and so we have issues like does this add to crime and everything it's super interesting and you know I think it going forward in the future this really continues to take more this this pure foods kind of movement looking into investing in companies that are really heavy on that and in a serious way you know I think that's going to be massive what happened at the turn of the last century is when these companies like armor who were doing meat production they got stomped out and the companies that were doing just pure foods right that were clean and had they took off in value in a major way and we still have some of them around today in a bisco number one right anyways super interesting I'll share that in the den and in the YouTube if anyone wants to take a look at it but history repeats itself folks I mean seriously right and we got to be aware of what we're eating and we have to be knowledgeable 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educating investors this segment is brought to you by think or swim for more information just click the think or swim banner on the front page of tfnn.com welcome back folks to wrap up the show we have Tom O'Brien on the line Tom how are you doing can you hear me Jacob Jacob Tom how you doing i'm doing great man i gotta tell you a story this is crazy i just heard you're talking about boric acid right yeah so when are you there yes i'm here can you hear me oh great yeah yeah so when i was in the hotdog business okay this is 1976 right i used to smell like a hotdog every day i'd had about i had about five or ten fans in in boston right so one day i i normally would go we actually had a huge meat packing center and that's where i'd pick everything up right one day we we run out i gotta go up and get a thousand hot dogs right so at that particular point there's still enough butcher shops in boston right yeah i go up to this butcher shop who i've done business with before okay the bottom line it was a holiday he says oh no no no i i get hotdogs i get hotdogs don't worry he goes in the freezer right takes out hotdogs i know i'm there this how crazy this butcher was right opens the boxes the boxes the hotdogs are totally um you know uh the red i mean not red they're totally blue okay oh my god and with bacteria right oh and i look at them and so he goes he goes over to um the he goes over to uh the sink right puts water in the sink puts the hotdogs in the sinks and puts boric acid in the sink okay now this is what happens folks okay you you get off the bacteria and then those hotdogs look like someone on steroids afterwards they look so good so is that sick or what unbelievable and it i i mean let me tell you something man i left that place i i just couldn't believe it man um and i needed hotdogs but of course i didn't buy them but what i heard you just mentioned that is plain people that don't realize what boric acid can do the piece of meat looks amazing yeah yeah and they're feeding that to anyone i says oh my god this is just chill people right yeah crazy right it's insane it's insane yeah no and they're feeding it to everyone it's nuts thank you thank you tom see you now folks thank you so much for joining me uh stay tuned we got steve up next um and have a great rest your weekend tumble uh basil will be back