Summary
7173 word summary
hello and welcome to the gold goats and guns market report for today Sunday June 4th 2023 my name is Tom Luongo and we have a lot to talk about um yeah we have a lot to talk about and save most of that for the end um welcome to all the new patrons and um stay to the end of Fight Club because other real announcements other than the fact that there will not there will be a not leaving for Edmonton until Thursday but there will not be one on Sunday laptop up and then throw something together for 15 or 20 minutes but nothing like we normally do so no market report next week all right um I want to go a little different than you know when I do these market reports and I sit down and I I put the the charts on and um since the last one right foreign markets closed on Friday and everything else this is the slide I do last right every week this is the kind of the process this used to be the slide I did first then when I go back to start reviewing the headlines of the last 24 to 48 hours on the slack server and you know posts usually things just jump right out Bing these are the things I should talk about and I let my and I let my instincts take you know one because you know I was asked directly to talk about um how to for novices how to invest in oil and gas too because there were just two great reports short reports on RT this morning about uh bricks trade between uh the bricks trade between them and the Saudis and written a lot about turkey in the last week because of erdogan and his re-election and the as I put it on my post on Friday failures of an economic Hitman he got reelected um which none of us are surprised about but the implications of this are very very deep and abiding yesterday I sat down and I listened to people into my um into my my search pattern at this really disappointed in them I can say with it without a doubt that Richard is not one of those people has not gotten back to me yet and uh and so you know I as a walking for as uh let out of the bag this morning on his telegram channel that once I get done recording and uploading and doing a podcast with him which will be fun I always like help have him help me just go through Serbia which is what I wanted to talk to him with him about so the all of this is along preamble to say kick recently to remind everybody that while D dollarization and the fall of the dollar and everything are all over the news I want you to remind I want to remind everybody that that is the story they want you to hear right one of the things that that that Richard kept pointing out in this in the the the the the long interview that I linked to on my Twitter feed yesterday is that the the Brits are very good at manipulating different sides of the uh of an issue in order to get them to fight amongst themselves and the push and pull our public perception of these things of various issues they create problems out of nowhere and then set people against each other chatting with Dexter yesterday for about an hour and a half we were talking about this like setting people you know against each other to to war amongst themselves for their benefit is like um and no offense to the British people crown and city of London and all of about you know the ones you threw out with Oliver Cromwell you know 400 years talking about almost 400 years ago now um so we have a a very serious problem and you know when you do the Davos versus neocon versus the United States and whatnot you can see how once you start to really you know look at these factions and these these these conflicts in those terms right in that way you can see how very confusing it really to one set of one set of actors everybody is being [Music] um Brits are sending everybody against each other Europe versus the United States right way this works when you get to a point where everything is kind of existential against the backdrop of all of these factions working for and against each other you know I I just want to remind everybody that you cannot solve these this the situation to a simple outcome you who are mathematically inclined or mathematically trained this is a set of five or six differential equations that those things okay and Venn diagrams of these various factions and what their goals are now there is no argument that Davos is an extension of British globalism now that I agree with Richard Poe completely on um the question is you know at what level are you know are the neoconservatives being used to do a a like this is the thing like the American neoconservatives like Victoria Newland and vinman and you know Jake Sullivan agents they are unwitting agents who have other Brits to have their own personal faults and personal biases and personal agendas elevated to the point of starting world war three right all of these freaking Ukrainian derived people right the vinmans and the Fiona Hills and the the new ones and the kagans and useful idiots of both the Brits who were the pivot point in this and Davos with the goal of destroying the United desire since the day after Cornwallis surrendered at Yorktown so when you see it from that perspective happening with all of the trade changes you can see how all of these formally powerful um weapons diplomatic Financial military are not as powerful as they used to be put a link to a very simple video that James Eagle put out that I found that somebody posted on our slack server this morning I found it on slavengrad uh Sauvignon garage uh telegram site I eventually went and found the actual YouTube videos of it found it put it in gonna post the link to it to below and I want you to watch it so a minute and very simple graph of the bricks plus G Plus um the the goal effectively the global South versus the G7 in terms of GDP and purchasing power parity said this for years okay it is an absolute statistic it should be called gns or GDs growth or gross domestic spending argument that spending equals production and that only honestly only agents of British disinformation would ever ever believe is true who cares all now purchasing power parity normalizes that spending for what that spending actually Buys in real terms and magnitude less smelly than GDP okay when you see that for what it is you realize this is why the entirety of the global South the Middle East all the oil producers all the commodity producers and everybody else gave the US the finger over sanctioning Russia last year because they have the power now and we global GDP in purchasing power parity oh yeah we said jump and they said how high falling know what no make me that is your graph of ungovernable okay and once you see the world that way I want you to understand the world in revolutions keep failing oh I was uh talking with someone the other day and I it was you know one of the interviews I time you saw a color Revolution succeed the last the only one that succeeded recently is Armenia the last six of the last seven have failed in the latest one being turkey they never even got it to the conga Revolution stage was so once you see it that way anything how how their Grand push to force the world onto their slave feudal system Central Bank digital currencies and total surveillance and all the rest of it turned the world into Minority Report with more Germans or in or V for Vendetta right the either take the British version of it or the German version of suck kind of ingrained in your head then no Saudi Brix trade has doubled in five years from 80 billion dollars to 160 billion dollars and it Rose 40 billion dollars and it set the price 40 billion dollars accelerating at an insane rate Turkish Russian trade accelerating 25 year over year partner in terms of imports right more Russian Goods on balance are entering turkey on an annual basis all right if the rubles are weak currency the lira is a very weak currency they can trade these two currencies against each other with no with no real problem and then cut the dollar out of the situation and Russians are taking advantage of the weak Turkish lira to vacation in Turkey and those and the the Russian vacation numbers the tourism numbers from into turkey are insane over the last few years again this is you know we may be at War but for the most part as Alex Craner points out all the time even during wartime things just look normal to 95 percent of the people now I was having a discussion last night with a friend of mine and Camille we were talking about the Clone Wars Star Wars long philosophical discussion about that because my this one friend is finally going through the Clone Wars for the first time and Camille kept bringing up the points like we watch all this stuff happening and we watch all these wars but we never see it from the perspective of the people themselves in a while but I and I pointed that out to her I pointed out what Alex says like look Alex lived through the Civil War in during the war most people are just going to work every day the goods are borders Ukraine is still buying oil from Russia because Russia needs the money and oil and Ukraine needs the gas you can use the oil blah blah blah blah this is what happens there is no I hate you going to completely boycott you very little very rarely does that actually happen which by the way this is a kind of an alien concept to Camille who cannot understand my wife who cannot understand this because when she cut somebody off she cuts somebody off and she expects everybody around her to cut everybody off which is not necessarily a healthy to her so you know but I just find it funny like these conversations continue to happen right so the the acceleration of the trade amongst the the the non-g7 countries okay is accelerating rapidly I saw a report out of the Russia out of Russia yesterday that um Kamas one of the Russian um uh vehicle companies right like you know we have forgion Motors while the Russians have a lot of oh my God and Kamas and Kamas mostly makes the but import substitution which is Russian longer going to buy things from overseas domestically but now 70 of the parts in are Russian made which is you know and trivial stuff and none of the really high-tech stuff propaganda going on here but that matter is that they went from 40 to 70 percent in like five years you know China is going to continue to invest in Russia you know other countries are going to continue to invest there as well and therefore that higher technology uh manufacturing is going to happen and if that import substitution process which neocons to work I remember going back to 2014 2015 when when Putin started talking never does because globalism is here to say and you know blah blah like okay the game board just as you can they can tilt the game boards as easily as we can um in their favor because they have control over their own domestic policy and it may take time and it may be slow and this is the kind of crap you see from Western Mark something he was a complete but he would be talking on Forbes about Putin announced it last quarter and it like be it do you realize that it takes more than three months to you know build new tool in the eye facilities and you know talking about it again you know you know talk to me in a year two years three years as is import substitution working is domestic manufacture of vehicles and and think about this and I want you to understand cars are some of the most complicated things on the planet and they have huge huge supply chains and huge effects on Supply on secondary tertiary and coronary of Downstream effect and Putin understands this the Saudis understand this China to the rest of Central Asia this is what the Brits up at night all the gchq MI6 do so they continue to double down on more and more and more ham-fisted propaganda know 2018 2017 and whatnot I kept saying like these guys need better scriptwriters like this is getting really bad I know we know we identified it here then that the propaganda was getting more and more ham-fisted and more you know crude in its implementation and because of that it was very clear that you know it was only that was a trend that was only going to get worse as more people kept saying no and the opposition to all this kept as the trade you know um uh the multilateral trade talking about now and so because of that to have pregnant men on the cover of Vanity Fair okay like at this point now of course these are all just massive distractions from all the other things death and we all know all that as well but undercarriage and the firmament the foundation of the global economy is fundamentally shifting under our feet and with that means a fundamental change in the firmament of geopolitical incentives and alliances and interests and if you six years of doing this then uh why are you here this what I have here so why so Muhammad bin Salman is literally you know we see you we know who you are we know who the decision makers are we know where the decisions are being made and and you can try and force the American people into a they will probably succeed but we will not fight that war with any amount of whether or not we take you know we take the keys away from these people right interesting all right um so I can go talk to Joaquin and try and understand Serbia which I think I finally understand um gold we had a nice week happening in gold right uh on Wednesday and then and even at the Friday morning and then the risk-on trade began into the closing were all screaming about manipulation and everything else like anything after may have turned on a switch and started buying but the real manipulation happens before the European close and into the comex close and everything else after that is actually probably what the market wanted okay so gold is probably being held up on Friday morning believe it or not or not okay um but again no real violation of of the the green line which is your support area for gold in the 1930s 1940s we closed this week and you know 1948 or so wrong with that as long as this you know have you know better than average odds oil when we actually finally throw an inside bar to the or an outside bar to the upside or even an inside bar everything will be fine like that would be good to me that would be fine gold needs to take a breather needs to consolidate all the all of these gains push into the dollar it is what it is okay so nothing to worry about here silver so notice gold down or at least flat for the week and silver up two slides away we had silver up here and again got what I would call an outside bar at the upside right we broke the previous high but not the previous place hope hopefully and I highlight this number here because so this number tells you right this number tells you what it would take to pre to breach the previous high and this should be 51.6 percent okay I know I changed that and oh God knows um but note also that in order to get the two bar reversal meaning the close above the last bar in the downtrend the last high in the bar of the of 61 percent right because you only have to go to 20. we only have to close on Silver 23.93 basically in order to throw the two bar know we need to go all the way to 24 difference changes these percentages so this is why having not just you know I just have a on my spreadsheet I just have a solver that says okay well what if you know we move up a little bit and we continue to move what you know above here to here well been up the data and and and and count up the number of times we Traverse that distance to the upside divide that by the number of data points and you get a number 51.6 you do the same thing for the low and I all I do is all I do to get these numbers is plug to get an idea of where where we are you headed for the next week now if you get a jump over the weekend because you know OPEC announces the 1 million Barrel per day production cut well then you got a big jump in in between the Friday close and the Monday open okay um and those create apps on charts so all right that gives you an idea so if silver would open up a couple of pennies higher these percentages these percentages higher and that percentage lower okay some of this is for the new people in the audience and to put a finer point on why these things are important all right Bitcoin like like gold Wednesday when I I put the monthly chart up for Bitcoin so those of you who are report go back and watch the Bitcoin commentary um just the Bitcoin commentary or you can just look at the chart uh the slide deck that I published with the market about which is that on the monthly chart we needed to close above 26.092 or something like that so you know just above like 26 100. in order to avoid a reversal on the monthly chart a one bar reversal with Bitcoin closed at 20 close May at 26 2 46 so it pushed through the rest of the day it pushed up about 150 bucks and well away from the the reversal signal this is not to say potential setup for a two bar reversal in June just saying that we avoided one in May and then we can dig into the weekly chart and see that we really have no we have no Trend now and really it now of a high highly noisy Flatline kind of right there a highly noisy Flatline right is this going to continue right now you know after all that this is still almost normal volatility for Bitcoin because these two numbers come to just over 100 so you know there you go these numbers look wrong to me to be honest with you with this bar but it is I mean sometimes yeah it just it looks wrong all right um Brent crude so this is one of those this is one of those moments right that I was talking about earlier where we closed here but we opened way up here this is when OPEC announced a big production cut on a Sunday afternoon in order to try and break the price of oil above 85 bucks a barrel and force Biden and Davos and everybody else you know two crush the price of oil Biden had to accelerate and do a whole bunch of SDR spr releases if you do that really and so here we are now now I want to want you to note that every time oil dips below 75 bucks uh a barrel upstairs and every once in a while the monitor kind of goes and then comes back on again um have basically a triple bottom and every time oil gets below 75 for any length of up again this is a very very positive close because we were here on Thursday and now we close way up here and this is a full risk-on day on Friday oil rallied Sox rallied gold got crushed Commodities rallied so look sometimes you need not not everything can go up all the time looking for is that the that the dollar will fail versus commodities excuse me but rise against other currencies the Commodities all the time right and the oil trade is has been is one of the biggest psyops of 2023. oil should be trading at 85 or 90 a barrel trading here so take the win I guess So speaking of that I wanted to go over the for for the major Metals just to see if get an idea of what they look like right the title but here you go so aluminum this is a weekly chart of aluminum the before you and one monthly chart the month what the monthly chart will be up we get there but aluminum is clearly bottoming having now uh established a pretty tight um consolidation range between say 220 a pound on the low end and 260 a pound on looking for a breakout to the upside now like this is anything but the truth of the matter is that considering the volatility was so low the week before this is a bullish one bar engulfing bar when you look at it uh we close at 22.68 or two dollars and 26.8 cents per hour per pound and the high last week was 22.60. technically a reversal signal you got to follow through to 240 to the highs here I mean you know just because you got the mean anything just get that were the case then this two bar reversal or this two bar reversal would have mattered volatility um and the preponderance of the global recession trade and the fact that the market believes that the the Chinese relying even more than the Americans or the Europeans about their economic data the only thing we can say about Metals Futures prices at this point well at least these metals so we did the same thing we look at nickel and we see roughly the same chart right big downtrend spike up collapse and then ultimately of a nickel a far more volatile um consolidation area um 20 000 uh dollars per 20 000 per 100 kilos on the back end uh this is actually in yeah this is in kilos so this is basically 21 bucks a kilo on the uh on the downside thirty thousand thirty dollars a kilo on the upside roughly turns out to be something like you know nine to Fifteen dollars a pound or nine to fourteen dollars a pound kilo is 2.2 pounds yes I used to do this for a living um so yeah so we have roughly the same thing so nickel and aluminum are are tied together at the hip and then we get into zinc and now this is the monthly chart of zinc and I wanted to pull up the monthly chart of zinc just to show you how complete the collapse is and the back to longer term um support these numbers here uh the the the this for both aluminum and nickel these are used to be long-term resistance like 225 a pound in silver and aluminum was a big deal you know you would short aluminum at 228 pounds 225 a pound he would short nickel a 21 a kilo right because the prices used to be much lower than that now their support well look at zinc this is a five-year chart of zinc and zinc just has no that zinc broke the pattern of all the other Industrial Metals and then we get the copper along with copper this way but I want you to note that copper is a different different pattern yes there was a blow off top and a collapse and then a double bottom and then but notice the quality of the rise and then notice where it is both nickel nickel and aluminum have collapsed back to nearly to previous lows right again weekly chart of copper but copper has put in a series of higher lows whereas that pattern is broken on nickel aluminum is close but again the the effect here is much more dramatic for copper that copper is outperforming a nickel and aluminum and therefore a Harbinger that commodity prices are going higher especially when you take that silver whose chart is far more bullish than all from recent highs and silver is an industrial metal the end this to me looks like the end of the bearishness in Industrial Metals and starts to break back towards 80 bucks to push it lower then all of this is going to start to rise the dollar is going to fall versus the Commodities gold will continue to inch higher but do so out of phase with the metals and oil and but continue to rise versus the Euro the intervention by somebody to try and plays out if we get into the next two um next two weeks if we get closer to the fomc report all right and a lot of this stuff is when I want to talk to Daniel D Martino Booth about when I talked to her on Tuesday all right so was to so I was asked explicitly by a patron to talk about how to get started investing in oil and gas um I got had another Patron contact me about these two stocks in particular which and ask me some specific questions about and I think these are both stocks going to go over the talking points on this and I why I wrote out all of the talking points here was so that you have start with the beginning here both of these companies are dealing with the same problem again big big rally as Oil and Gas Prices rose and now a big bust and then the question both monthly charts busting back to basically five year support lines no Devon energy is holding slightly above it Pioneer natural gases natural resources is back over is trading right at it right okay great following and I put up volume here for a reason so we had a major bust with falling natural gas prices from five dollars in a million BTUs down to two dollars or sub two dollars but at the same time we also had serious distribution note the volume on all of the down months they are much higher than the rally months this is distribution there are more sellers than there are buyers on balance since the uh height of the market a year ago okay notice the volume pattern over here with roughly the same type of pattern and pronounced like sometimes you just when you know known anything about the chart until my brain goes oh dude and then you see all those red bars distribution so I would be less interested in buying this stock simply about these companies in terms of their balance sheets their assets their that stuff I just Note price pattern volume pattern first thing right and then I would ask myself well why is everybody selling here have long-term support at three same Market on this one at current prices natural gas company yields are are in seeing this with Permian based on royalty trust which is in the portfolio um you know we went from you know we went from monthly dividends of 12 to 20 cents a month from us you know now what used to be a three dollar stock is now a 25 stock um to three cents a month and them telling us that hey uh natural gas is not going to continue contribute to monthly distributions uh royalty distributions for unit holders fair a dollar eighty one an mcf like I get it I get it um so is this 1.6 trailing 12 month um yield at a trailing 12 to the trailing 12-month pde at 5.3 is that sustainable but I can tell you that what you care about now is chart up for this month or for the this week go and look at the natural gas chart after looking at all the other then go look at the natural gas chart and you tell me if you see signs in the weekly monthly and if you want to put it together a quarterly chart of natural gas or go back and review the last time I looked at natural gas on a market report I think within the last two weeks um so do we have a possible double bottom for me here June does this is just a couple of trading days in June we would have to see a strong push and a break at the pre of a previous High here which we have not had in nine months one two three four five six seven eight nine months not one break of a previous High since this break of the previous High since this double top at 80 this stock has fallen 40 and never once anytime it gets anywhere close to the previous monthly High it gets sold with impunity not a good sign on high volume not a good sign so the market is telling me I should just stop looking at the stock sheet or something along those lines of bottom here or do you wait because the minute you see a a break of a previous monthly high on this stock unless you just want to slowly accumulate a little bit here and a not going to drop into the 40s and want to tow dip into the stock find this low whatever that price is buy a little bit here and there and then you exit the position on a daily close below that line gonna be back into the 40s or the high 30s before you can even blink and now be there or you could just not take the risk and just wait for a monthly previous break only have to really with this stock I would say wait for a break of the not a close but a break above the monthly High Why for what I just said sentiment change for over a year okay now we have the same basic pattern for dvn that we had for uh for uh PVD than we did for uh pxd that we did for dvn but the volume pattern is different than I noticed this tells me that likely they have more revenue from oil than from gas why because oil is held up better than Gas House because for the most part oil prices Spike to 120 been trading between 90 and 75 for the last year whereas natural gas peaked at five and you know oil is like vacillating around whip sawing on a daily and weekly basis seven freaking percent which is insane but tight 25 price band whereas natural gas is at a 60 Peak to trough boom to bust and a double top makes it even worse than I think at some point natural gas went to 750 right so it says likely more Revenue than oil from oil and gas if not they probably have a lower cost of goods sold overall for whatever reason either they have higher quality Properties or higher quality Wells or blah blah blah and it has an insanely High trailing 12-month yield of 11 most of which comes from special distributions meaning they have their normal distribution and they wanted well should we have too much we have too much cash send it out to the shareholders um will that continue at these prices I would think not but even so oil company more in distributions or and again and again in case of both of these I think there are some form of master limited partnership um or not or they or they have distribution and dividend policies that are similar to MLPs which is that they just throw most of the revenue back to the shareholders uh the The Profit I mean uh the the actual cash profit the case um anything above the FED funds rate in yield and even forward yield is something that you should outperform the FED funds rate along with dependental for share price appreciation we are two examples of how to read these charts and to go through it and while this is a very detailed analysis of these charts all the basic concepts are the same for every other oil and gas company you want to look at okay just especially like these small Drillers like these guys that are out in the Permian in West Texas and all that stuff you start getting into oil majors and the the analysis of the charts are exactly the same but the analysis of the business is far more complicated okay so there we go all right next overseas dollar markets than the following one the dollar is strengthening I think the USDX closed Euro was under pressure all week because the guard is continuing to push credit spreads between the US and German and European yields higher somebody is very worried about this the the one the answer you want is still um falling against the dollar the Japanese Yen pushed back to what close at 140 the British pound is treading water between 123 and 125. unbelievably overvalued I might add uh and the US German 10 your spread is now at 1.38 and at some point that has to reverse this is insane uh and then was up a dime this week at 373 a pound okay so the US dollar Futures curve since Wednesday market report has moved up not in the short term the market is now mostly convinced the FED is going to raise interest rates sometime between now and September this curve is flattening over time okay the the hump is moving farther out in time and this is starting to FL and and the inversion of the curve is starting to the market believes is the terminal rate of the feds cutting cycle the market is now um thinking that by the end of 2025 the FED will cut and will be somewhere between three and three and a quarter percent on you know on the FED funds rate back another uh uh a rate cut 350 another rate cut if this climbs higher then the whole curve shifts up right so if the FED raises then this whole thing is going to raise by another going to believe the FED these the terminal rate will say in the 325 310 to 325 area and this will just the short think at this point the long end of the curve start to rise racing risk in the United States dollar um like this after this debt ceiling um thing you have to realize this and I know a lot of people wanted me to put a finer point on some of my commentary on because I will be getting out over my skis a bit and I would rather just let Daniel Dia Martino booths like chat with me about it and you know we can come up which is that um this four trillion dollars worth of um end rates down in a war environment Market going to see a lot of foreign buying as they we were led to believe but at the same time you know them agreeing on anything is terrible thing damned if you do damned gchq thank you Davos so so capital is going to continue to be confused until another catalyst hits the markets and I think that if Powell continues to say okay gallon you can sell all the still raising interest rates and this is why they may pause here in June and possibly even at the July meeting but once we get any whiff of commodity Powell is going to go and start pushing towards six percent again so and it just means that the market is going to have to come to grips with the fact that all of these markets are terribly mispriced and the arguments about where the FED is going to cut back to are wrong and yes and everybody has said that and it took us to five and a half percent bad as everybody wants to believe they are and everybody is so freaking black yeah maybe things are worse than they in the commercial real estate market or how you know the car market or this that or anything else a little tired of the freaking Doom porn too because yeah to be a lot of companies that are over levered that are gonna have to write down a whole lot of debt trouble here anymore so because when this starts to go you really need to keep your money in credit Agricola yeah all right good luck with that like good luck with that like no and you know one of the things I hinted either is that maybe it was just necessary to get through this and to right now well other things tick away in the background and to use a phrase that Daniel Booth taking it away in the background or rolling up a lot of these bureaucrats and you know allowing the amount of malfeasance on Capitol Hill and in the agencies to tick away in the background until critical mass is achieved and we get deeper into election cycle into the election cycle and people have to really start having to have something to campaign on Democrats are going to be able to campaign on with this this bill we avoided a default we stopped the Republicans from the talking point meanwhile the country is drowning me wrong think long-term bad effects unless you know you can convince this country to go to war over Ukraine Dow and speaking of that you know at some point all these other asset classes are up a lot gold has been up blah blah blah blah right at some point the Dow has to stop trading sideways neat little four bar downtrend threatens the bottom of the of the current consolidation range and a big interested to see if the Dow can push back towards this high last time I got close to this area it was sold with impunity and then Force downward see another bank failure on the horizon and I think all the bank failure stuff before I think it was all manufactured and I think it was manufactured by the FED to take out some of the worst actors in Silicon Valley and put a lot of people on notice all right uh one last thing to note before I go um might as well just get that out of the way so the name of the thing is gold goats and years and um once Ray and her two kids are sold I will be in Goat farmer no longer and this is one of those moments where I say to myself I have it is now time I are a resource to the community in the area have been for years but this is just not germane to our day-to-day life anymore and if there was one thing and not just them but all the attendant things that go along with that that caused more Strife in the household it was the energy and the time and the money that went into this you know insurance policy we had almost gotten out of the goat business four years ago and Camille and I talked about it and she decided to we should probably at least keep our hand back then feed prices were half of what they were this is pre-covered half of what they were today feed and hay prices are double um and not going to be committed to doing it full time pay me a lot of hard-earned money and me feeding a whole bunch of goats so use of your money so because you know to do any of this stuff along with it farming is hard folks for any of you who have a romantic understanding or a romantic idea about farming is hard satisfaction other than man she produces well wrong I have an unbelievable number of stories to tell and everything else and if you know things get as bad as I think they could get well I know how to you know hook up the freaking trailer hand somebody a couple hundred bucks and go buy a couple of goats I know how to do this but my land could really use a break I can use a break and um and if I have goats every day I see the world from my screens so it is with you know a bunch of mixed feelings but um yeah now we we sold most of the herd off this week um and if worse comes the worst and we stick around the pasture with their two kids and let her eaten the two of them and goober and then and here it comes to an end this is the moving on to another one and hopefully a better one and because you know what else are we gonna do so there we go all right you guys be well keep your stuck on the guys