 Today I have the pleasure of speaking with Henry Weingarten. He is the managing director for the astrologers fund. How are you today, Henry? We're doing well. Thank you very much. What did you just say? Repeat? We're doing very well. Thank you. We are doing well. I thought you just said we're not doing well. No, no, no, no, no, no. That happens occasionally, but not often. Okay, and of course we're very sensitive to what Henry has to say because of course Henry you have an amazing following and So let's just jump into it. I was listening to your one of your more recent podcast and You were mentioning a market sell-off Impending marketing market sell-off. Let's start there. What what what should we get? What should we get ready for Henry? August we think the markets are going down in the same way they went down in March We had two predicted times one was in the March period and one was in the August period We had thought both would be eight to ten percent plus. The first one was correct in timing But obviously the magnitude was greater Than we actually anticipated although we did say plus. We're expecting the same thing now There are at least six major technical indicators that saying August is the time to be very cautious in the marketplace And of course the astrology as well as spent even in the tech sector, which is going to be rotating So the very favorite stocks, you know, we've been day-shorting things like Apple And Google and stuff so they're gonna come down. We're watching Tesla now We hit it a few times and just letting go a little bit more in the next few days We'll be hitting that so they're very favorite stocks are gonna get hit if they get hit most things are gonna get hit Okay, and speaking of hits, I think you also called the presidential election and for those who haven't heard the news Let's give you a drumroll who wins this fall. Okay in our view it will be Trump again and We did predict Trump's victory 16 months function 14 months in advance before we think he's gonna be a very big winner again In fact, we've been Suspecting it may be a real blowout almost like 1972 Okay, let's just jump to gold then gold market. What should we expect? Gold is gonna have a stellar fall Especially November December and October this month. It's pivotal. We'd like to see it lower so we can buy more We're obviously fully allocated. All the stocks have done very well The next but we don't know how they're gonna react with the markets going down very heavily this month So we're ready to buy on a dip but regardless it will do extremely well in the fall and post election and silver What should we anticipate Henry? Silver will do reasonably well not as good as a gold because silver is also an economic medal It's got two three months that are good We think actually it belongs around 80 on the gold silver ratio. We were playing it from 110 to about 75 got out of that But because of the fact it's also economics. It's not gonna do as well Whether it goes to 30 or 50. I can't tell you we shorted it last time at 49 and change I don't know if we'll get the same opportunity and of course our audience is dying to hear the Translation of the presidential election, but I would like you to answer the next series for me first Please if you will critical materials, let's start with rare earths. What the heck is going on Henry? I think over time they'll do well But I think most investors are looking more in gold and silver at this point and uranium. That's a critical material thoughts No thoughts in that because I'm a classic SRI investor, which means I don't invest in it Okay, so now tell us the impact of the presidential election, please on our market We are dying of curiosity. Okay. Well, there are two parts to that first regardless of who wins gold does very well Regardless of who wins Entertainment does very well because whether the markets way up or down people are entertainment. So if you had Biden winning obviously marijuana will do better and if you have Trump winning energy is going to do better Okay, so Three more questions for you Tesla yes or no, you spoke really quickly. We want to know buy sell or hold please Over the next few days, it would be a sell. It's a little bit. They're still there People buying it but 1650 probably is gonna be the place to do it, but we're gonna give it another day and about how about electric vehicle technology Yes in the future I Preferably would prefer lithium but lithium is more 2021 and 22 so we're a little ahead of ourselves there, but if you're a long-term investor, yes Okay, and then because of what we anticipate here in the markets, would you say investor? Go for fall. Would you say cash? Bullion stock market just a couple sweeping generalizations I would say I would say have yourself a hundred percent protected this month That could be having a higher cash than normal that could be by writing calls That can be by being defensive, but be Think about what happened in March and last May it could happen again As always Henry, thank you so much and if you will we'd like to see you again next month Thank you. Absolutely. Then we can see if I can tell you I told you so Excellent. Thank you. Thank you