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Louis Navellier of Navellier & Associates sees the best corporate earnings in decades, a 24% increase in the 1st Qtr.Gold and related shares deserve a place in every investment portfolio according to our guest, as the ideal panacea against government profligacy.He finds little fault in the much maligned trade tariffs, agreeing with his friend and colleague Larry Kudlow's plan to undo protectionist policies.Protectionist-trade must be rebalanced through careful negotiations with President Xi as well as other key trading partners.The duo examine the Navellier Growth web page that highlights 73 stocks recently upgraded from a Hold to Buy rating.Our guest shares several of his favorite stock candidates, including one of his holdings that added 18% gain just today.Topping the list and his largest holding, the GPU chip maker Nvidia is also a favorite of the host due to remarkable Beta / Alpha statistics.NVDA makes even the most lackluster investment portfolio look like a diamond by topping earnings expectations for nearly 3 consecutive years.NVDA has record GPU demand stemming from processor-intensive applications, such as research projects, financial modeling, and weather forecasting.(NVDA) is the top GPU mining company with the most cost competitive ZOTAC crypto mining capable GPUs, two of which ran on the studio workstation during the discussion.(CXS) was increased from a hold to a buy, however, our guest prefers trucking firms such as Old Dominion and Knight.Lockheed Martin (LMT) that continues to benefit from solid economic growth, global and military demand.Invisalign (ALGN) has booming sales.In the red hot energy sector, picks include EC-Petrol SA, (EC) an oil company as well as the refining company Valero (VLO).The host finds the talk of Bitcoin stealing market share from gold dubious at best.With less than 3% of global inhabitants owning any Bitcoin whatsoever, widespread adoption has not yet taken place and confidence is nascent.On the contrary, Bitcoin / ETH and related tokens appear most closely correlated to the remarkable US Tech boom, as illustrated by the recent 7,400 NASDAQ.The peak is about 50% above the year 2000 Dot.com bubble top.Bitcoin and competing cryptos represent de facto safe haven money alternatives primarily in countries like Venezuela where inflation could top 1 million percent.The discussion includes quantum computing, a potential threat to the cryptospace, where binary computing gives way to q-bit technology.Via entanglement, q-bit based computers facilitate nearly infinite parallel processing, particularly useful for cracking private keys.For instance, a brilliant quantum computer programmer with access to a $10 million machine, might crack Satoshi Nakamoto's 1 million Bitcoin wallet, winning an $8 billion prize.In theory a brute force, quantum based cracking-algorithm could accomplish the task, though not condoned by the show host, guest or Goldseek.com.Click Here to Listen to the Interview
Louis G. Navellier is Chairman and Founder of Navellier & Associates in Reno, Nevada, which manages approximately $2.5 billion in assets. Navellier also writes four investment newsletters focused on growth investing: Emerging Growth, Blue Chip Growth, Quantum Growth and Global Growth, and can frequently be seen giving his market outlook and analysis on Bloomberg, Fox News and CNBC.