I'm not even sure how or where to start this video there's so many Monumental things going on right now a bankruptcy of a company you know the weaponization of the straight of Hormuz and the implications of that and the absolute wonderful trade that that's setting up for you right now because people are not understanding what's going on properly I'm going to talk about proof I'm going to show you a chart showing you that the markets are controlled compressed and manipulated I talk about this all the


time here's proof in one chart plus a bunch of other stuff we have to get to Let's get to it you've heard of 23 and me while they filed for bankruptcy this morning so I add that to the list everything is going to happen within the next 6 months a lot of things now your decisions are so important more than ever in your life the ones you make today right now and the IRS is expecting to bring in about 10% less tax revenue this time around because of a lot of the confusion with tariffs plus a lot of the


minimization of the IRS itself there'll be 10% less tax revenue coming in and we're already not bringing even close to enough tax revenue to cover our expenses which why we run a endless deficit we have to create new money or borrow money from other nations or from American citizens to pay off the things that we've already spent money on not the things we're going to spend money on the things we've already spent money on that's what I tell you it's a question that's what a dead seiling debate is


about they're trying to decide should could we default or not that's the debate it's not what to do to fix the problem and I always ask you to click like on the video it helps us help more people who are about to get blindsided and ruined financially to not be Iran is further weaponizing the straight of Hormuz they always had weaponization they always had ability to shut down the straight of hormo that's their biggest move if they're under threat from America that's step one shut down the


straight of hormo as a lot of the world's oil going through there that all of a sudden gets interrupted just look at what happened with the houthi rebels in Yemen who right now were bombing pretty mercilessly but they're not talking about it on the news look at what happened with them just shooting at a few ships there shut down the straight because a lot of the insurers don't want their boats going through there because there's a risk there what if they shut down the straight of hormud that's a


massive Act of war and it will completely Spike oil prices but even in chaos there's opportunity people are not recognizing how far this has come the fact that this is even a topic or a rumor going around is that there's such an opportunity because oil prices have not even yet recognized anything about how significant this is and how close we are to this and how Monumental it will be if that happens we're not talking about a 10% Spike on oil prices we're talking about a lot more than that and a subsequent spike in


all the oil companies I tell you you need to own some energy stocks and you need to own a lot of precious metal stocks right now besides that I personally don't trust anything else there's a lot of tremendous overvaluation even Tesla people talk about look at how much it's come down look at how less expensive it is it still has a price earnings ratio of around 100 it would take you another way to look at it it would take a 100 Years of earnings from Tesla to pay back the cost of buying one


share that's where we're at right now it's still overvalued so is what Walmart so is almost every stock and definitely the Magnificent 7 and yeah they're going to make some great things they're going to do really well long term they're going to do quite fine I'm sure but in the meantime I prefer to look at things that are more undervalued and that leads into what I wrote to Peter leed's insiders so here's the parts that I'm going to call out for you the resistance to Elon Musk continues to


grow with a massive Tesla takedown event happening at 500 dealerships this Saturday let this situation bake for much longer we are closer to the beginning than to the end and remember you can get the Peter leads app which is so cool and I love it I use it myself when I'm doing research I'm not kidding you can get it at Peter leads.com if you want the Peter leads app all the details are there here's some of the charts that I wanted to show you I called them out in The Insider exclusive the total housing starts over


the most recent 3-month period shows a significant increase in New builds and then I went on to say as you'll see on the next chart those builds lead to Rising total inventory levels as the builds rise and the inventories grow that's going to set up a noticeable decline in prices right as we enter into the recession the number of days the listing will be on the market will rise along with the number of price reductions or the magnitude of price reductions both bidding wars and total viewing numbers will fall accordingly


and in concert with the overall sentim transition a friend of mine even emailed me after I sent out that Insider exclusive alert and he says that his spouse's parents' home just sold for $150,000 less than they listed it for and it was on the market for an excessive amount of time and it depends on the house yeah some houses maybe are overpriced maybe they stay on the market longer harder to sell that's not the point it was a regular nice place and it had to cut the price dramatically and it was on the market


for for quite a while you'll see the days on the market the listings and the number of viewings you'll see them both the days on the market will increase the number of viewings will decrease the amount and magnitude of price reductions will increase and as we enter recession real estate prices will finally start cracking and becoming more attainable and take care of a lot of the issues with real estate and that's what I wanted to show you the chart too of the increase in the builds the new builds


and the rise in the overall hous losing inventory those two things with the recession are going to take care of the two major problems of real estate right now that nobody can afford it and there's not a lot of selection this is from BNN Bloomberg economists have warned there's a rising risk of an economic downturn thanks in part to uncertainty over president Donald Trump's tariff hikes and worries over their impact once the levies are decided and implemented and an update note on that they've delayed the tariffs now


again so what I guarantee you is there's no reason we need to have a recession Scott bessent said we're seeing some very good underlying data he said pointing to figures from credit cards and Banks and I wrote my response to what his quote was I said there's several reasons we need to have a recession the health of the economy is an obvious one recessions are a part of any economy becoming solid maintaining its growth expand in further you have to have pullbacks he says there's no reason he


sees no reason maybe he means this year but we will always always have a recession I told you I'd bet my career and life on the fact that there's an inbound recession and it will be here and I went on to say that the figures from credit cards and Banks reveal massive economic weakness whether you look at the number of delinquent payers or how the balances have been expanding quickly during all this grocery inflation and I pointed to an article from The Economist why American Credit Card delinquencies have suddenly shot up


which are now at a 13-year High there's lots of reasons we might have a recession that we should have a recession we probably will have a recession despite and regardless of what the people on the media the politicians are always telling you you've been told and gas lit for so long that the econom is so strong and even now they're saying I don't see a reason we'll have a recession I don't know I've been in this business longer than half of these guys have there's a recession coming it will


happen just like it always always always does as well the banks are holding billions and office-based commercial buildings which are 50% empty there are many legitimate questions about the corporate landlords having the income to service these commercial loans and this chart is one of the balance for credit card debts the numbers are in the trillions and the speed of the increase is wholly unsustainable for those you still need to see negative GDP growth to Mark a recession I'd remind you of some of the


temporary and artificial things being done to hold off the realization of our economic situation government jobs get added to GDP so any Nation could Escape recession simply by hiring workers also as you eliminate federal workers just like they're doing right now with Doge that will be a significant hit to GDP and that alone may be enough to send us into a technical recession by anyone's definition but I wanted to get to this chart proof of the manipulated and controlled and managed markets I finally


found a really good chart that says it all in one picture pictures worth a th words check out these thousand words this chart of the weekly economic index clearly illustrates controls being applied to activity since January 1st 2023 the weekly economic index provides a real-time signal of the state of the US economy the Wei should not be this stable that was when Biden was trying to tell you the economy is strong and hold it in one place make sure everything was okay with manipulation which is all


artificial which means it's temporary right if you've been here you knew that I was going to say that it should not be this stable it's clearly being massaged managed manipulated and controlled both up and down compressing the data into politically acceptable range anytime aspects of an economy are artificially controlled it always snaps back and goes really badly once Market Discovery eventually and invariably returns we still got the great oil Spike video coming up that'll be out probably this week as well so


you're going to want to subscribe so you don't miss that because especially right now with Iran knowing that they're about to go to war with America and America setting up and pushing for that war and Israel being a big player in that they're getting ready to be able to do things such as shut down the straight of hor mov or act or position and show that they demonstrate that they could do that oil prices are always going lower because the economy worldwide is slowing down but I tell you there will be military


related spikes which could be extreme that's why you don't want to watch oil prices every day or try and time it or day trade it or benefit in that way but you want to always have some oil or energy companies because the price of oil like that in an instant at any point could Spike $20 a barrel it could go a lot more depending how things play out but I don't think the world has yet recognized that this war with Iran has been building up and being led to for such a long time now and they're still not realizing that


it's going to happen and when it does oil prices will be dramatically higher if you want to get invested and ignore all the horribleness of War because there's that as well and I tell you it always happens either way no matter what you might as well try to a benefit to help the people you care about one way to do that would be to get invested with some of these really high quality oil companies that are really profitable like the ones we talk about in the Peter leed's newsletter do that now before the mud


hits the fan and that's not personalized trading advice it's just me giving you my opinion about what you should do share the video try and help who you can most will not listen if you could help a few people let's do that and if you want to get the Peter leads Insider exclusive a couple times a month with all this information and more this is part of it then just become a Peter leads Insider it's all with the app with the newsletter everything's at Peter leads.com