Cites strong durable goods orders (metals, machinery, computers) and CPI inflation at 2.4% (below expectations) as evidence the economy is heading in the right direction. States they are 'pretty bullish on the economy going forward.'

Focuses on CPI data and the proposed new Fed Chair 'Warsh' (Waller). Likes Waller for being hawkish on inflation. Argues the Fed's $16B injection is inflationary, but with Waller, they are 'heading in the right direction.' Expects rate cuts once he's confirmed.

Expects 75 to 125 basis points of cuts this year. Believes 100bps is not just possible but probable if the economy continues heading in the right direction.

Lower rates will help small businesses take on debt, expand, hire, and create higher-paying jobs. Notes auto rates near 7% and mortgages already dropping.

1) Gold and silver: Expecting a pullback but sees them as a 'really good play,' increasing over next 12-24 months. 2) AI/data centers/energy: Likes nuclear as a long-term play due to electricity demand. 3) Advocates for a well-balanced portfolio to weather volatility and geopolitical risk.

Attributes volatility to emotion, profit-taking, and FOMO. Advises having a good plan and strategy, emphasizing 'time in the market' over 'timing the market.'

For precious metals: Key risk is the US debt and spending not being controlled. Near-term risk is if 'Warsh' (Waller) strengthens the dollar, dropping gold/silver value. For energy: Could see a big drop-off short-term (6-12 months) but is a 3-10 year play.