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📉 The Iran Deal Is On Life Support

Editor's Note: What is the final phase of Elon Musk's master plan — and why could it mean a massive payday for anyone taking advantage of this ONE ticker? Our friend Larry Benedict, a hedge fund legend who made over $274 million for his clients, says he has the answer. Click here to see the details.

Dear Reader,

After PayPal. After Tesla. After SpaceX.

Elon Musk is now preparing to execute the final phase of one of the most ambitious plans in history.

According to Larry Benedict — the man who delivered a 279% return on cash in 2025 while the S&P returned just 15% — when the “Final Phase of Elon's Master Plan” is triggered, it could move more money than anything Elon has ever done before.

We're talking billions – potentially trillions — of dollars flowing into a single ticker.

It's not Tesla. It's not SpaceX. It's not crypto, or AI, or anything Wall Street is currently talking about.

But when the “Final Phase” kicks in, Larry believes it's positioned to capture the surge.

He's revealing the name and ticker today — completely free.

Regards,

Lauren Wingfield
Managing Editor, The Opportunistic Trader

☕️ GM Munchers! I woke up this morning and immediately checked the inflation forecast. My wife woke up and immediately checked the price of eggs at three different grocery stores. We are both doing macroeconomic research. She is doing it better.

On today’s menu:

  • 🕊️ The Iran Deal Is On Life Support

  • 🥇 Gold and Silver Are Having a Moment

  • 🍔 Wendy’s, Moderna & Target Slip

  • 🇮🇳 India’s Prime Minister Just Said Something Crazy

  • 😏 This Stock Has a 93% History of Soaring Every Spring

Yesterday’s numbers:

S&P 500

7,412

+0.19%

Nasdaq

26,274

+0.10%

Dow Jones

49,704

+0.19%

Bitcoin

$81,900

-0.35%

BREAKING NEWS

🕊️ The Iran Deal Is On Life Support. The Market Doesn’t Care. Yet.

Yesterday, Trump called the Iran peace deal "on life support." Then he invited Elon Musk to join his Beijing summit with Xi Jinping. Then the market erased all its losses and turned green anyway. We are living in interesting times.

Here is the honest state of play heading into today:

  • 🌡️ April CPI drops this morning at 8:30. Consensus expects headline inflation at 3.7% year over year, the highest reading in nearly three years. Bank of America has already abandoned all hopes of a rate cut in 2026. JPMorgan has three scenarios mapped out and none of them are particularly comfortable.

  • 🇨🇳 Trump heads to Beijing this week for a face-to-face summit with Xi Jinping. Musk, Tim Cook, Larry Fink, and other major CEOs are joining the delegation. Trade, AI guardrails, Taiwan, and the Iran war are all on the table. One productive headline out of Beijing and this market will keep ripping. One bad one and it gives it all back.

  • 🕊️ Iran peace talks are stalling. Trump called the latest proposal unacceptable and Iran executed a student on espionage charges the same day talks were supposed to progress. Oil is watching every word.

So how do you balance all of this? The market has made its bet clear. It is pricing in a deal, a soft CPI, and a productive China summit all at once. That is a lot of optimism stacked on top of each other.

And if that isn’t bullish enough, recession odds on prediction markets just hit an all-time low of 17%. The market is not scared. If anything, it is dangerously relaxed.

The Munch Take: Anyone sitting in cash right now has watched the market climb 16% in 27 trading days and it stings. But chasing an all-time high the morning before a potentially ugly inflation print is not a strategy. It is impatience dressed up as conviction. Today’s CPI is the most important number this week. If it comes in hot, this rally gets its first real test. If it comes in soft, the party continues. Either way, this is not the week to make a reckless move in either direction.

🥇 Gold and Silver Are Having a Moment. Here’s Why.

Gold and silver just added an insane $1.1 trillion in combined value in just four hours on a random Monday. That is not a typo.

Here is what is happening in plain English:

  1. When the world feels scary, people buy gold and silver. Right now the world feels pretty scary.

  2. Iran is still at war, inflation is still sticky, and government debt keeps climbing everywhere.

  3. Gold and silver are what people run to when they don’t trust paper money anymore.

Gold hit an all-time high of $5,589 back in January 2026 and has since pulled back about 16%. Yesterday’s rally is bringing it back toward that level. Silver's all-time high was $121.67, also set in January 2026. With silver currently sitting around $85 an ounce, it is still about 30% away from that record. Silver has more ground to recover but also more room to run.

Why is silver moving so fast? Two reasons:

  1. Iran war fears and rising inflation expectations sent investors rushing into precious metals yesterday morning.

  2. Silver also has industrial uses in solar panels, electric vehicles, and AI data centers, so it gets a double boost from both fear and technology demand at the same time.

Goldman Sachs projects gold heading back toward $5,500 by early 2027. The most aggressive analysts see $6,000 by year's end.

The Munch Take: Gold and silver are doing exactly what they are supposed to do. The world is uncertain, money is losing value, and hard assets are catching a bid. Gold is 16% from its all-time high. Silver is 30% away. Neither gap seems unreachable, given what is happening globally. My wife bought gold earrings last year and is now technically outperforming half the hedge funds in New York. She does not know that. I am not going to tell her.

The #1 Stock to Own BEFORE the SpaceX IPO (Ad)

When Elon Musk announces the SpaceX IPO... Most investors will be locked out.

That's how it works. The banks. The funds. The insiders. They get in early - while everyone else waits.

But here's what almost nobody realizes: The biggest gains won't come from the IPO.

They'll come from the one small company powering the infrastructure behind it.

A critical supplier Musk can't scale the "Colossus" network without.

And right now, while it's moved well beyond the speculative 'penny' stage, it is still trading at a massive discount to its true institutional value - well under the radar of the big funds.

A new briefing just revealed the name and ticker - free.

MARKET OVERVIEW

🍿 Tasty Movers & Shakers

🚗 $TSLA Tesla is having one of its best months in years, up 33% in May alone and now just 11.5% away from hitting a new all-time high. Whatever you think about Elon, the stock is not asking for your opinion right now.

📱 $QCOM Qualcomm climbed 8.42% to a fresh 52-week high as investors bet on its expanding AI, automotive, and data center businesses. Qualcomm spent years being written off as just a phone chip company. That narrative is getting expensive to bet against.

📷 $SONY rose 5.66% after announcing a joint venture with $TSM to develop next-generation image sensors. Two of the best hardware companies in the world teaming up. The camera in your next phone just got more interesting.

🍔 $WEN Wendy’s dropped 7.4% after JPMorgan cut its rating, citing slowing same-store sales and no clear direction from management. There is also just something fundamentally suspicious about a square burger.

🎯 $TGT Target slipped 5.44% as analysts raised fresh doubts about whether the new CEO can actually turn this business around. Target has been searching for a growth story for two years. I thought it was my wife’s shopping habits. The market doesn’t think her pillow obsession is enough.

💉 $MRNA Moderna reversed earlier gains and fell 2.7% after health officials downplayed the risk of another pandemic. Moderna needs the world to be scared to have a good quarter. Yesterday the world was not scared enough.

CHART OF THE DAY

🇮🇳 India's Prime Minister Just Told 1.4 Billion People to Stop Buying Gold

When the leader of the world's most populous country goes on national television and tells citizens to stop buying gold, avoid foreign travel, and use less fuel, that is an austerity speech. The Indian stock market responded accordingly.

The Sensex plunged over 1,300 points Monday. Jewellery stocks got destroyed. Titan, Kalyan Jewellers, and Senco Gold all crashed up to 12% in a single session.

Why is Modi doing this? The Iran war is draining India's finances fast:

  • 🛢️ India spent $174.9 billion on crude oil last year, representing 22% of everything it imports. With oil above $104 a barrel, that bill is growing every month.

  • 🥇 India is the world's second largest gold buyer at $72 billion annually. International trade runs on US dollars, not rupees, so every gold purchase drains India's national dollar reserves. With oil already hammering that account, the country needs every dollar it has left for fuel. Gold jewelry can wait.

  • 📉 UBS just cut India's growth forecast, calling the Iran conflict "a historically large energy shock." One of the fastest growing economies on earth is visibly slowing down.

What does this mean for American investors? India is a $3.7 trillion economy. When it slows, global growth slows with it. A squeezed Indian middle class buys fewer iPhones, clicks fewer ads, and orders less from Amazon.

The Munch Take: When a head of state asks citizens to stop buying gold for weddings, the Iran situation has moved well beyond a regional conflict. This is global economic damage in real time. The Iran war is not just an oil story anymore. It is a growth story. And today India showed exactly how that plays out.

TRADING SUCCESS

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🍪 Munchy Memes

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