hey guys we're just going to do a quick one today i've got seven headlines that i need to talk to you about that are going to be relevant to you plus i need to ask for your help and i want to discuss a few other things as well as always nothing we say here should be considered as personalized trading advice of any kind ever and of course please subscribe to this channel if you haven't already so gold prices have hit an eight month high and yesterday was the worst day of the year so far for the dow is that the


worst that we're going to see all this year i think there will be worse days than yesterday on the dow this year but we'll have to wait and see but gold has hit an eight-month high and it's holding up really strongly a lot of that was because of the tensions in ukraine and russia and it's not really tensions it's one country invading another just to be clear here or the potential invasion everyone knows that except for other people living in russia who don't get the same kinds of media coverage that we


do so you can see how it's feast or famine in terms of pinpoint investing if i'm all in on gold not all in but majority of my personal holdings are in gold mining and gold related companies and gold related assets so when gold does well you feast and when it doesn't you're actually possibly suffering if it goes the wrong way it's going to hurt you a lot more than if you were diversified i don't think pinpoint investing is appropriate for the majority of investors it's just what i


do i have a different risk tolerance i have a different situation than most but i also think that gold prices have a lot higher to go and i thought this for a while i was a bit early on this but i do believe that gold is going to climb a lot as you guys know and when it does the profit margins of the gold mining companies are going to balloon and gold's about nineteen hundred dollars i do believe it's going to break through 2000 and i've believed that before and then it did and i thought


that once it broke through 2000 it would just not even look back but apparently it did look back but i do expect it to climb up past 2 dollars an hour it's us dollars and i think that'll strongly climb from that point going forward but the one stock i want to talk about here the one i tell you guys all the time that i am invested in personally and i suggest for anyone wanting to get into the gold markets if they don't want to look into the smaller players they might have more upside if


you get them when they're earlier one of the ones that i always like is barrick gold and this is a company that has been increasing a lot as gold prices increased but the gains we've seen in recent days include an eight percent gain in one day at one point and also it's not just the price of gold it's that they're making more money than was expected also their outlook is very positive going forward and then they also got the benefit of the gold prices increasing because of the invasion of


ukraine or the potential invasion and barrick gold also increased its dividend now you know how i tell you about the gold to silver ratio it should be closer to 35 to 45 in there give or take but right now it's at about 80 it takes 80 ounces of silver to buy one ounce of gold i always tell you that's going to normalize but it could take years and years and years it'll do it slowly but what happens is you'll see the price of gold go up one percent price of silver go up 1.5 percent and


then maybe the price of gold drops one percent and the price of silver only drops half a percent so gradually incrementally it will slowly perform better than gold as it normalizes to a more realistic and historically relevant ratio of the number of ounces it takes of silver to buy one ounce of gold however you can see when there's a risk trade i tell you that gold is nature's insurance so things like it breaks of war a lot of money goes into flight to safety assets such as gold and that's why you can see over a lot of


the current conflicts going on with the invasion of ukraine by russia or the potential invasion but right now it's just potential thank goodness but it probably will become an actual invasion of a independent sovereign nation that's when you see the price of gold increase by more than the price of silver gold is mainly a precious metal and a flight to safety asset but it is used in some industrial applications but silver is thought of more of a hybrid metal part industrial part precious metal so when there's a


flight to safety people don't go into things like silver you go into things like gold and keep in mind that there's a potential risk backwash in terms of both precious metals and in terms of oil if the tensions calm down a bit there may be a significant drop in the price of oil or the price of gold if it seems that there won't be an invasion keep that in mind you don't want to reach too far one way expecting something and that doesn't happen because no one knows if this invasion of a sovereign nation


independent sovereign nation is going to happen or not it's just looking like it's going to now before we get to the headlines i want to ask for your help we're rebranding the peter leeds brand as you know we're just keeping it the same by tweaking a few things i'm trying to find a way to explain under one umbrella what it is that i do what it is that i talk about so please give me your best opinions of that maybe in the comments below this video i talk about penny stocks sure but i talk about blue


chip stocks macroeconomic events as well oil gold all sorts of stuff we've got training courses we've got the world famous peterleeds.com newsletter so how would you describe me and don't pick on me don't make stupid jokes please i don't like that kind of stuff if you have a valuable opinion i'd love to hear from you guys you guys i'm doing a lot of stuff for you guys i'm with you guys i'm taking my lead from where you guys think i should be going how would you describe


what it is that we have and do and how we help you in a elevator ride was somebody that you just met two minutes ago or how would you describe what is the concept of peter leeds all about so let's get to the headlines shares of metaverse company roblox plummet after missing fourth quarter expectations they missed on both the top and bottom lines the reason i'm talking about this is because i'm reminiscing because i used to play roblox with my kids when this was a brand new video game way back


in the day but they missed on the top and bottom lines the top line is the first item on the financial statement the income statement is revenues or sales how much did they sell total and then the bottom line is after they take out all the costs of goods sold they take out other expenses taxes then you've got the bottom line and that is earnings after everything how much money did they make that's what it means when you hear oh they missed on the bottom line top line that's what they're


talking about retail sales search 3.8 in january much more than expected amid inflation rise online shopping and furniture sales boosted the number while sporting goods and gasoline sales totals declined the numbers reflect an active consumer as well as rising inflation so people are spending more money but it's costing more at the same time and i think it's funny how they say the numbers reflect an active consumer but they're still telling you in the sentence before that that sporting good


sales have declined so isn't that an unactive consumer or a lazy consumer the minutes show the fed is ready to raise rates shrink balance sheet soon yes i'm glad they're catching up with us i've been telling you that for ages this is what has to happen that's why you can watch it happening all around the world now there's a lot of countries raising rates we're not so unique and special here okay you can't just run a country by just generating fake money paper money just creating more money you can


do it for a while but it'll catch up to you and that's what we're seeing now you kick the can down the road and eventually the can gets too big to kick putin's threats against ukraine could reinvigorate the u.s oil and gas industry right it's pretty straightforward macroeconomic events price of oil just like the price of gold goes up that's more with oil the price rises because of uncertainty and by the way i want to say something with this i always tell you the worst thing for a


stock market worse than bad news is uncertainty and there's more uncertainty surrounding this invasion of ukraine possible invasion of ukraine by an aggressor there's more uncertainty around whether or not he's going to actually invade that is roiling the markets it's going to keep putting things like gold prices higher and oil prices higher or at least holding them high until we get to a resolution real estate is the most zombified sector and rate hikes will be a big risk says consultancy


i hope they didn't pay this consultancy too much to tell you what a kid in grade 8 could tell you there's a big risk of real estate companies following foreign solvency when interest rates rise says niels colwin of consulting firm kearney well listen let me say it to you this way there's a big risk of real estate companies filing for insolvency when interest rates rise it's a lot more than just real estate companies and this is what i'm telling you insolvency is the same as bankruptcies the same as defaults


there's a lot of money that's going to have to be paid that won't be able to be paid once interest rates increase the real estate sector has the highest absolute number of zombie companies and the highest share of zombie companies in 2020 and that could surge if rates double said colwin rates are going to do a lot more than double so you tell me what you think is going to happen with all of these people who are overly leveraged all these companies that are overly leveraged there's all these


municipalities the federal government with interest rates increasing so much of this debt bomb that is floating over our shoulders every day is going to be problematic it's not rocket science it's completely clearly identifiable you're going to be watching all of these defaults it's going to be a tsunami okay i've got two more headlines and i'm going to read i was just going to read one i'm going to do that last because it's the big one first i'm going to tell


you the average size of new mortgage just set a record as home prices continue to climb this again is another pressure leading into more defaults and bankruptcies because people are buying more housing they can afford and that's at really low interest rates meanwhile prices of homes are increasing there's too low of an inventory and even to build new homes is costing more because the costs of the lumber the cost of all the wiring that goes into a house the bricks everything inflation is making everything cost more


and you're seeing that in the price of newly built homes and i told you before i talked to my buddy him and his brother they do construction they build houses and subdivisions and i said what happens with all these higher costs he goes we just eat it we just take the hits of tens of thousands of dollars more just for the materials they put into the house and that was back then but i don't think that they take the hit anymore because it's getting to be too much it's just that houses when they build them now


will cost more they have to keep their business solvent so they have to pass the prices on to the consumer the consumer being the individual that buys the home that they just built now here's the one i wanted to talk about the most modern ceo says it's reasonable to think the pandemic may be in its final stages great news but what did i tell you when the focus shifts from every looking at this thing that is such a big concern and it goes away from that no one's talking about the pandemic anymore when


it's sort of behind us when there's fatigue and no one wants to hear about it anymore it's like these trucker protests just down the road here and in ottawa as well the thing is that the pandemic on its own all the stuff that they're fighting for it's all going to fade away on its own you're not going to have to have mask mandates and vaccination mandates pretty soon a few months down the road and so they're fighting for something that it's going to happen either way so they're wasting


their time if you ask me and they're costing the canadian american economy a few bucks in the meantime so that's all i want to talk about today so please subscribe to this channel and i'll be back with you guys very shortly thank you so much