Bob Kudla-The EU Is In A Death Spiral,The Fed Restructuring Of The Fed Has Begun,Watch Gold,Bitcoin

追加: 2026-06-01

[00:00:13][music] Hi and welcome to the X22 Report Spotlight. Today we have a returning guest, Bob Kler. Bob is the creator and owner of trade geniusacademy.com and I am very happy and honored to have Bob back on. Bob, welcome back to the spotlight.

[00:00:39]>> Hey, thanks, thanks for having me.

[00:00:41]>> Hey, thanks for coming back on. And uh let's start out in Europe because it seems with what's going on in Iran is now hurting Europe and they're going through, you know, very high energy prices right now. They're blaming everything on Iran. But did this actually really start with Iran or was Europe always in trouble?

[00:01:03]>> You know, it's one of those things where what what they say first thing that gets lost in war is the truth. Do you know, believe it or not, uh Europe gets very little oil from the from the straight of Hermuz. Okay, they get it from the Middle East, but you know, they get oil from Saudis that are going through the Red Sea. They get oil from Libya. They get oil from Nigeria. They get oil from norway and they get oil from Kazakhstan. So they um where they're really hurting is in natural gas and in jet fuel.

[00:01:36]>> And remember they turned the United States down a couple years ago on that where they wouldn't even be having that problem. But this exposes Europe completely. they they've totally bought into the uh the Green New Deal and they they basically uh put themselves in a position now where they're totally dependent on others. You know, United Kingdom's case in point, they could be energy independent, but they closed off their North Sea oil infrastructure and now they, you know, they run the risk of running out of jet fuel at the end of the end of the month here, you know, the month of June coming up. they'll literally be out of jet fuel. And so they they it's a combination of self-inflicted wounds and the nature of the geography of that area that that they're relying on others for for their energy. And this goes this totally predates and that's why you get all this wishy-washy stuff out of out of Europe because they're, you know, they're tap dancing, right? They can't they can't uh anger their their their um uh their masters, >> right? you know, that that have the oil.

[00:02:46]So, and when this is over, it's still the same problem.

[00:02:50]>> I mean, does it seem like they're trying to change course or are they doubling down?

[00:02:57]>> You know, I mean, look, you know, uh, Schroeder wanted to cut a deal with Russia, right? You know, the Italians and the French are cutting deals with Libya. You know, they they have no choice. They literally have no choice.

[00:03:10]you know, if if Germany would have followed France in nuclear, you wouldn't be having this problem. Okay. Um but now they they shut all their nuke plants down. So, yeah, they have no choice.

[00:03:21]They're going to be dependent. And you know, United States, we can we can only do so much. Um, now Venezuela and Gana, you know, through the United States >> will continue to provide um uh refined products to uh to Europe, but it's um it's a uh it's a long-term problem for them. I don't see how they get out of it. Europe is is is a declining uh dynasty.

[00:03:46]>> Yeah. I mean, I I think they would have to really change everything around. They would have to, I guess, do a 180 and open up the oil fields, open up, you know, and start building, you know, coal fire plants, nuclear plants. Um, they would have to drill. I think Norway, I think they started to to drill again um out in the city.

[00:04:08]>> Nor Yeah, Norway. Yeah, they Norway's expanding. That's what's so funny about it. I mean, did they not believe in the Green New Deal? Those people are smart, you know, they uh um they recognize that, you know, well, Norway is going to be the wealthiest country in Europe after after all this. I mean, the the amount of money pouring into their sovereign wealth fund is is just out of control. I mean, it's just amazing. And there, you know, but they they only have so much infrastructure, too.

[00:04:36]>> And and so, um the America benefits from this. We signed 10-year contracts now with Europe for natural gas.

[00:04:43]>> Yeah. that that that's the one benefit that that that came out of all this. Um and and Trump just met with uh Xi Jinping in China, made a a couple of deals down there. I mean, what is your take on the whole uh meeting with G? Do you think it went well? Do you think it went poorly? What do you think?

[00:04:59]>> You know, I don't know why he went, be honest with you. I think be honest. I think he he thought the Iran thing would already be wrapped up and he was probably going to do a victory tour, you know, but uh um he was just a month off.

[00:05:12]But I don't know why I don't really know why he went there. Now people are saying that he went there, you know, more like quiet diplomacy, you know, uh because I think they're at a point now where, you know, if you you kind of read between the lines, Trump's supporting Xiinping because other people in China are um could be worse for us, >> right? and he's making sure that he uh he maintains um you know power within the CCP structure because there's a guy within the interior of China that you know is kind of like Kim Jong-un, you know, in terms of uh just hardcore Stalinist. So, you know, so we have probably some of that going on there and and uh but the deals were were mocknicks, you know. Um, but I personally I probably wouldn't have gone, but you know, he he went there for a reason. So I I it was it was like a nothing burger to me. I the only thing that I got out of it um is that when he spoke to Xi, he got him to say that the straight of Hermu should be open to everyone. No one should control it.

[00:06:22]Which I think to me personally, I think that was a very big statement coming out of China. And also the the other thing I I think that he got was that China because Trump mentioned this multiple times that they weren't going to send weapons to Iran. And I think he was kind of using China to try to, you know, cut them off from Iran and have China on our side instead of Iran's side. That that's that's what I got out of it.

[00:06:50]>> Yeah. And um you know, obviously um you know, you have the public statements.

[00:06:56]I'm sure behind the scenes that there's, you know, the the CCP intelligence agencies are trying to support Iran. The other thing too that could have happened is that >> basically Trump just said, you know, your your oil supply lines are are fragile, so be careful.

[00:07:14]>> Yeah.

[00:07:14]>> You know, that that's the only thing I could and the thing is too, Xi Ping kind of saved Asia a little bit because they they've been drawing down on their SPR and so is Japan. we have a bigger crisis here. So maybe China's realizing that look, you just can't, you know, just like, you know, you're you have to play ball within the within the international community here. You just can't do what you want. But he also realizing he's losing, you know, his his partnerships.

[00:07:41]You know, you got to remember when this is done, we've been playing nice with Pakistan. Indians are kind of angry with us a little bit, you know, because we're trying to separate Pakistan from China, too. you know, we're basically now trying to un unravel the belt and road initiative in its entirety. And so, so that's that's what we're going to watch next because, you know, Trump's already got him out of Panama, got them out of Venezuela is getting them out of Iran, right? So, they lost they have no no partners in the Middle East whatsoever at all. and Pakistan's their closest and we cut a rare earth deal with Pakistan. We're playing nice with Pakistan. Trump's buttering them up that that um premier the whatever the his holiness, his highness, whatever he calls him and and you know he's trying to separate Pakistan from China. And so you know I think the isolation of China is continuing.

[00:08:40]>> Yeah. and and it seems like he's I guess maybe restructuring the whole trade system that was put into place a while ago. Even even the oil structure system that was put into place cuz again I mean most of the countries like you said don't get their oil from Iran but it's affecting the price of oil. I mean, I remember when um Trump, you know, began bombing Iran and there were still, you know, gas in the tank at the gas stations, but they raised the price with the gas they already paid for, which makes no sense whatsoever. I mean, it's it it had nothing to do with economics.

[00:09:12]It just had to do with fear, and they just wanted to raise the price.

[00:09:17]>> Yeah, they always do that stuff. And and it comes down slowly. It goes up pretty quick, though. But you're right. So, we we've now um inserted ourselves into the Asian oil markets, okay? And you know, we're going to provide uh markets for the Venezuelan crude and our Alaskan crude. You know, we we're putting that pipeline in, that expanded pipeline that's going to be done by 2030 that is going to be able to feed oil and natural gas raw into the refineries in in South Korea. So, uh, we're already seeing a change and and for those guys, it's great for them because now they could play a couple of bidters against their, uh, against their needs. The other thing, too, is that, you know, our trade with China is down 41%. We effectively shifted our trade imbalances to to Vietnam and other places where, you know, those countries are more uh, friendly to the United States. And then I just read this weekend that Vietnam, Philippines, Japan uh have uh formed uh uh and Australia additional missile defense linkages.

[00:10:32]>> So you know, so you know, you can just feel the noose going around China's neck here.

[00:10:37]>> Yeah. Yeah. Def definitely do. So right now Trump is trying to make a deal with uh Iran and um it's it's an ongoing process. So what what do you think will happen once the deal is made and the straight of muzz is open and you know all this is you know in the past I mean do you think oil prices are going to drop?

[00:10:59]>> Yeah I put a chart out this weekend I said the gap is at $67 a barrel.

[00:11:04]>> Wow.

[00:11:05]>> Look you know the reason why oil is up is that you know it's basically fear.

[00:11:09]Now if you look at the futures I think I gave it to you last month. The futures curve shows oil in the 70s all next year. Okay. Essentially saying that we don't view the Iran war, the straighter hummuse situation as as uh secular. It's cyclical.

[00:11:29]>> And so I I I would see oil back in the 70s here um before the end of the year for sure. where production has increased substantially and now countries are not going to be as dependent on a trader Hermuse as they were before knowing that this is a possibility. So yeah, so I see it I see it going down and uh look in Iran for all the bluster you know I live in where I live is there's a lot of uh Iranian expats so I get a lot of insight they said they're they're hurting for certain over there. Okay. The rich have left Tyrron and they're all living up in the mountains up there. They all have villas up up in the mountains by the by the black is it Black Sea or the Caspian Sea? I forget which one it is. Caspian Sea, I think. And um and so they um so they're out of the you know, but the people there are are hurting and inflation is out of control and and so those guys are barely getting enough money in through whatever means they have, you know, just to put pocket money into those militias, you know, they have no money to to buy anything that's strategic against the United States. And you can see it the demands are starting to fall off publicly now. Now they're [clears throat] like saying, "Well, you know, the straight could be open and now, you know, we can give the stuff to China. You know, what we really want is that $24 billion that you have locked up." Yeah.

[00:12:53]>> So, so they want to get their hands on the dough. And maybe those people that get their hands on the dough are going to beat feet out of the country. I don't know, you know. So, I I just think this things is ending now. You know, will it be we didn't cure cancer? Did we Did we just make it manageable?

[00:13:11]>> Yeah. I I mean I think um in the end I I think the strait they won't have the weaponry. They won't have the power. We might even see like a whole new government come in and um control everything and and the strait will be completely open and the fear I think that's the whole one of the points of this is to get the fear out of this which is controlling you know oil prices around the globe. I mean really this one little area of the world is controlling oil prices you know everywhere it's crazy.

[00:13:44]>> Yeah and that's short term though. Um, so production around the world outside of the straight have been increasing.

[00:13:51]>> And so this this problem would have went away in a year anyway. And so I I think you're you're uh you know, you're right.

[00:13:58]It's the fear is going to leave. And because remember, look, the UAE now is going ahead with that secondary pipeline to bypass the straight, >> right?

[00:14:06]>> Okay. And you know, Iraq is now going to move their oil through Turkey. So, you know, you start you're getting to a point now where you're going to have uh um they're their strangle hold is going to be is going to be greatly diminished and it's going to become become a so what and you got to remember to cut has all the natural gas it goes to China you know so if Iran wants any hope of having a friendship with China again they're going to let that natural gas you know leave that area and head into into those countries in Asia or you know um they can kiss any friends goodbye. So they're totally isolate. But I agree with you. I think it's going to be a slow burn, >> you know. Um it's a mess over there. I mean, can you imagine United States suffering this kind of loss? There there will be civil war there.

[00:14:55]>> Oh, I I agree with that 100%. And and while this is going on, we see like gold and silver has been uh dropping. I I mean, not not not not to like $1,000 an ounce, but it has gone down a little bit. Is this because of Iran?

[00:15:10]Uh it's [clears throat] because of oil prices. Yeah. So you have um you know when oil prices are strong, the dollar gets stronger. When the dollar gets stronger, Bitcoin and uh uh gold and silver suffer just because you can buy more of it with the dollars available.

[00:15:26]And so if you've noticed when oil prices drop, gold and silver and Bitcoin rise and the the inverse is true. So my speculation is that you and you see it today. Dollar's down. Uh gold and silver were up. I don't know where they are right at the moment. Bitcoin was up and oil was down and the dollar was down. So I think we're going to see we're going to see more and more of that. And I think we'll see and the commodities are up too. So So it really was it's been like a seessaw day. We say if oil's up, everything else is down. Oil's down, everything else is up. And I think we'll get a persistent, you know, I told people I think June was going to be the height of this of this oil uh crisis because you go into the shoulder season all the way into November where you don't need as much energy. Excuse me.

[00:16:16]>> And you don't need as much energy. So, um you're going to see prices fall and then you'll see those things lift.

[00:16:23]>> Yeah. I mean I mean that that that's pretty cool. I mean I mean if that should occur um which I do think it is going to um I think actually probably as we get closer to the midterms I I don't know if he timed this or he you know set this in in motion because I know like the the the news is out there saying oh the you know gas prices are high people are having a very difficult time. I mean if everything drops right before the midterm I mean everything that they've been talking about kind of goes away and actually gives him an edge going into the midterms. So >> yeah, I no totally agree with you and I don't think he he could wait that long.

[00:16:59]He needs to start it this summer.

[00:17:01]>> Yeah. So people start thinking about this stuff in September and >> and so I think his timing I I I joked with people I said yeah it's going to be done by June and uh because uh he's going to focus on the the midter he'll I said he'll cut whatever deal he needs to cut to make oil prices fall even if he has to revisit again after the midterms.

[00:17:21]And uh people fundamentally don't understand this guy. Um you know, he's extremely pragmatic. And so, you know, he has his his end goals, but he's not going to cut his own throat, >> right?

[00:17:33]>> And so, uh but look, you know, it it was a master stroke for him blocking the blockade, right? Yeah.

[00:17:40]>> Because it choked it just choked Iran right off.

[00:17:43]>> And so, they they only they knew they only had a couple months of any kind of uh leverage left. And the other thing you have to bear in mind is a lot of the technologies coming into that area that are anti- drone and you know a a drone hitting a a super tanker just bounces off. Okay. And so you know you if you if you can control the missiles and you can knock out enough of the drones and the fast attack boats aren't going to be a problem is that it's just going to become a big big nothing burger. So >> So that's kind of where it is. I think the midterms, look, I think they've done some great things politically, too.

[00:18:22]There's only very few races now that are actually uh competitive and Trump's going to focus a lot of his attention on those, I'm sure.

[00:18:30]>> Yeah, I I agree. And you've been weathering this whole storm uh with your algorithms and, you know, helping people trade because again, I I feel I feel like we're going through a whole restructure transition type of period.

[00:18:43]And you you also have a new service where you're helping people individually, a concier service where you're assisting them one- on-one. Um can you tell us a little bit about that?

[00:18:55]>> Yeah, so it was pretty funny. You know, we we kind of joke that, you know, we have our algorithms, we have our our indicators and and but chat rooms, but people are like, "Hey, that's great. I want to kind of answer, you know, just I want you to tell me more about what I should be doing and, you know, within the limits of what we're allowed to do because we're not financial advisors, you know, we we're able to provide a lot of context with the information that we we collect on a on a daily basis. and plus doing this for 30 years >> is that we think we can give people an edge at the very least that they can have good conversations with their financial advisors or we could see through our algorithms, you know, there there's certain truths to the market that say these sectors are going to be probably where you're going to make more money than not. And so we can help people uh you know look in those directions versus hoping we call it you know you know praying and spraying kind of in the market or chasing moves that already happened. So so yeah so we did this and it's limited because you're actually you're taking my time and Phil's time. So, we have a limited offer uh that you can buy our time monthly and and but I'm limiting it severely limiting to this, you know, because I don't want to, you know, take up too much of my own personal time, but there's definitely a need for it. We have customers that already uh signed up for it and and we uh we we we find that is providing really good value. And so, you know, within the structure of what we're allowed to do, uh, we we think we can add really good value for people and people seem to appreciate it. So, when you go to our website, you'll kind of see it right at the top. We still offer our trade signals. We still offer our our chat rooms, but this is something in addition, and it's something our customers have been asking us to do and and I finally relented on it and decided to do it on a limited basis. So if you want to take advantage of it, there's only so many hours that Bob has available. And same with Phil. So if you're into crypto, Phil's your guy. If you're into day trading, Phil's your guy. If you're into swing trading or sector trading, then then you probably want to lean more my direction.

[00:21:12]>> Yeah. And also, I mean, you have a different perspective on all this compared to like a financial advisor or even the news cuz you're looking at the world very differently than what they're reporting on.

[00:21:25]>> Yeah. And I mean, you guys have been listening to me for years. Uh, you know, I'm not afraid to uh uh I don't want to use the word tell the truth, but I'm I'm not afraid to be very direct with people where I think things are going. And I don't say things willy-nilly. You know, we could see it in the data. The one thing about, you know, financial advisors and, you know, they they're they're very structured. You know, they, you know, they're they're kind of handcuffed. The great financial crisis, I think, ruined them because now they ask you what's your risk tolerance and how old are you and you get put in one of nine boxes, you know, and that doesn't help people, you know. So, you know, we at least give you guys an additional perspective. And I'll give you I'll give you an example is when these high yield dividend plays came out uh none of them wanted to none of the financial advisors wanted to touch them because they didn't understand them. But we've been trading that way for a long time. So we help people be able to create what they call pair trades for these high yield products where you can be both long and short uh a stock that's part of it and you're just pulling off the the yield. I've been posting my daughter I put my daughter in these um over 18 months ago and I I post monthly how much weekly [clears throat] how much income she's getting and monthly what her portfolio looks like. I mean she's been netting she's netting north of 30% annualized on this net of any kind of degradation in the underlying it's it's the way they structure it but the dividends overcompensate for it. I mean, it's just amazing that more and more people I think is starting to catch on now, but we're 18 months ahead of the curve on this before people kind of understood it. Now, everybody and their brother is trying to put these products out there. And so, we see that. And right now, [clears throat] the other thing I'll tell people, too, is everybody's is hyping, hyping, hyping on AI, you know, and we're telling people that, hey, you know what? If you got in on this stuff, you need to start you need to start pulling back because you're getting budgets now, Dave, are are being blown up within companies on the AI usage and they're going to start putting a a kaibos on this stuff. The other thing too is that at some point you need five of these AI companies out there, you know, to do the work because they're all going to go to a singularity of information. And so you're going to get a, you know, winnowing out. And that means there's going to be less need for all these chips and and and servers and so on so forth. And they're all priced to perfection. I mean, Nvidia is worth more than almost every country in the world's GDP. I mean, how sustainable is that? And so, so a lot of people are like just like pressing and pressing and pressing and you know, we're we're like saying, "Hey, the data is telling us that when it gets to these levels, the smart money is pulling back." And guess what? Just yesterday, I got a report saying smart money didn't buy this last dip to the extent they've done in the past. So, those are that's the kind of information that we we can give people and we give it oneonone and and I think uh people really appreciate it.

[00:24:30]>> Yeah, I I agree. I'll put all the links at the bottom of the video to make it easier for people to go over. And like we were saying before, you have a very different perspective on, you know, that like the Federal Reserve and now we have a new Fed chair, Kevin Walsh. I mean, where I mean, we had Powell, he's still hanging on. He still wants to be a part of it, which I think he's trying to block a lot of things, but um with Kevin Walsh being in the driver's seat now, I mean, what's the direction of the Fed?

[00:24:59]You know, that's a really good question because a lot of people say he's he's a bit of um he's a bit of a hawk, but if you if you heard what he said after he got uh confirmed, he's all about growth.

[00:25:11]You know, um if you notice, both he and Trump say the same thing. The only way that we get out of this alive is that our economic growth has to exceed our our debt slash interest um interest charges. Mhm.

[00:25:27]>> And so he's they're going to structure an environment where where I think you know the stock market's their key metric because you remember when Bill Clinton had going into the into the uh.com bubble he was able to balance the budget completely that year. Okay. In fact there were words out there saying oh my gosh the deficits are going to go away forever. Where people going to put their bond money right and then lo and behold we had 911. But um we have a situation here where I think he's focusing on growth. He's going to remove uh uh obstacles working with Bant. And so I'm not sure how he's going to deal with eventually they're going to drive interest rates down to zero. Okay.

[00:26:08]They're going they're going to do what they call financial repression. But he you know he may hold longer than people think till he gets his his sea legs. And he also has to convince the majority of the board of governors to follow along with he's not you know, he's not a um quoteunquote dictator. He holds a lot of power, but I think he needs to get those guys all on board. So, I would say 2027 is where you're going to probably see a lot of the uh a lot of the action and especially if there's any kind of weakness in the stock market, those guys will drop interest rates to zero in a heartbeat. So, they'll protect the uh they'll protect the bond market and and uh and I think uh you know, you're going to see them being progrowth. Vant and Trump and Worsh are all going to be about how do we drive GDP growth north of 5%. And have it real growth, right?

[00:27:00]So, so that people's wages are going up in a real-time fashion, too.

[00:27:05]>> Yeah.

[00:27:06]>> And I mean, if if he brings down rates, I mean, what is the economy going to look like? I mean right now they the rates are kind of high but if they brings them down like you know even if it goes to one and a half or 1% I mean what do you see happening with the economy?

[00:27:22]>> Oh well economic activity will explode because you got to remember you know when you and I look at doing things we look at the carrying cost of that of that debt. Right. And you know there's one thing to have a a million dollar loan at 6% versus a million dollar loan at 1%. Right. Right. So you you know you're you're going to be you're gonna you're going to take more risk. And I think that's what Trump's going to try to do. He's creating what I would call the pressure cooker economy. Okay? He's he's onshoring, right? And and so wages are going to go up in these onshore sectors because the labor is going to have more um uh leverage, right? and and then he's going to uh um he's going to focus on removing you know regulatory obstacles so that the companies can make more money without raising prices and and that that way activity velocity increases and with velocity tax revenue increases so I think that's his uh way of doing it and then you got to remember you know tax revenue most of the tax revenue in the country is going to come from uh capital gains so he's going to create an environment where there are capital gains and and I think that's what you're going to you're going to see that level of activity create more generate and here thing is going too you know he's going to try to shrink the federal government you know of things that it shouldn't be doing and if he wins the midterms out then I think you'll see Trump unchained and I think he's just going to keep driving it and driving it down >> well it's funny that you say about shrinking the government it's easy to create a government job and remove a government job It's a lot harder to create a private sector job. I mean, especially if you're doing manufacturing or or anything like that because you have to build the manufacturing plant to get the jobs. I mean, government job, you can say, "Okay, you know what? Here we we can create all these jobs cuz they really don't do anything." From the time he came into office to now, it's taken all this time to create the manufacturing plans, create the private sector. And I think you're right. But once I I do believe we're going to win the midterms, I I I think he's going to really start to remove a lot of the government jobs because the manufacturing plants, a lot of them will will be built and ready to go or right on the cusp of being built.

[00:29:43]>> Well, you just said look no further than Arizona. Um the >> the amount of construction there is just uh is is a sight to behold and it's just starting. Pharmaceuticals are going to be coming because that's an area of of concern. is going to come in. He's keeping the defense industry strong. So, yeah. So, I I I totally um agree with that. The other thing he's doing, too, is that it's kind of quieter. You know, if you're applied for a green card, you have to leave the country.

[00:30:11]>> Yeah.

[00:30:12]>> And H-1Bs. So, all these jobs, these high-paying jobs are going to instead of going to their buddies, you know, and that's probably why India is kind of pissed at us right now is that AI is destroying their whole economic model.

[00:30:25]Okay.

[00:30:26]um not our fault, it's just AI because remember total outsourcing you don't need these people anymore and and so now the AI could do a lot of that work and then you know number two is the all the H-1Bs most of the people in India and so uh you know those jobs are going to now they're getting good look too why aren't Americans getting those jobs why those jobs being and it's slave labor you know once you get H-1B you're you have to work for that company so they could they you're basically a a indentured servant to to that company. And so I think Trump's going to kaibash that, go with the gold card or some other meritocracy way of doing it to bring in talent and that's just going to also give people, you know, hope that they can make more money too because what happens is you hire somebody [clears throat] from another country and it's just natural.

[00:31:16]You and I would do it too. You know, you hire people once you're in a position of power, you hire people that you're comfortable with. [clears throat] So, you know, so so the whole pool changes of of where you look for people and I think Trump's trying to trying to kill that, too. So, be interesting to see uh I was surprised when he did it.

[00:31:35][clears throat] I mean, you're talking millions of people have to leave the country, you know, if they want to get a green card. And that was another game people were playing. They're playing the loophole. They're in here trying to get a green card. They get married, have a kid, you know, so they can lock down they can lock down um you know, a chain migration here. and he just he just cut it off his knee. And the way he positioned it is that we're going back to the original tent of the law. So, good luck suing him, you know, to stop it because that was the original tent of the law. So, uh uh just another just another brick in the wall for him.

[00:32:08]>> Yeah. I mean, the whole um employment um part of this country is about to change. So, I mean I mean they took it away from the American people. Now, it's being brought back to the American people. So, this is going to be very very interesting moving forward. And >> a [clears throat] lot of people retiring too, Dave. So, there's going to be a lot of opportunities for people to make to make money. I'll tell you what, >> the cost of of hiring um what I would call uh mechanical labor here in in California has doubled because they're not they're not competing against uh un uh undocumented labor anymore. You know, you know, you're paying twice as much for a roofer, for a handyman, for a gardener. all those costs have gone up because they're not competing against uh undocumented labor. So, hope the Hispanic community that's legal here in the country realizes how they were duped and and now that now they can ask, you know, is it painful? Yeah. But it's the right thing to do and and so hopefully they recognize the fact that um you know, Trump's not a racist. Trump's trying to defend the country and defend your wages, you know, >> and I think he's going to be very successful in doing that. Hey Bob, thank you very much for being on the spotlight. I really appreciate it. Once again, where should they go if you want if they want to join up to your system?

[00:33:26]>> Yeah, go to trade like aaggenius.com and and uh check out the website. You know, what we charge for our services is nothing compared to what you get out of it. And so we've been doing this a long time and people tell us that they get good value from us. So, uh hopefully you'll check us out and join us.

[00:33:44]>> Great. I'll I'll put all the links at the bottom of the video. Bob, once again, thank you very much. I appreciate it. Thank you.

[00:33:49]>> Thank you.