Latest / The Paul Barron Crypto Show / Earnings Week Crash?📉Crypto Market Update
Transcript
- 0:07Speaker 1: Earnings are causing a negative reaction in the market today,
- 0:10Speaker 1: we'll break it down for you. Is this going to
- 0:12Speaker 1: affect crypto today? My name is Paul Barrel. Welcome back
- 0:15Speaker 1: into tech path. Let's get going. I want to thank
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- 0:48Speaker 1: and start your crypto journey. Let's talk about a few
- 0:50Speaker 1: things that are going on around the trade side of things.
- 0:54Speaker 1: When you look at the markets, you also look at
- 0:57Speaker 1: the activities from where we're seeing earnings come in. And
- 1:00Speaker 1: of course right now big earnings day, you've got just
- 1:03Speaker 1: a ton of earnings starting. Let'm kind of zoom in
- 1:05Speaker 1: on that just to show you how many companies are
- 1:08Speaker 1: going to be reporting this week, and of course you've
- 1:11Speaker 1: got Humana, a handful of others, ADP in there, Amazon
- 1:15Speaker 1: of course tomorrow with Apple along with many others, we'll
- 1:19Speaker 1: get a chance to see McDonald's. We saw Starbucks yesterday,
- 1:22Speaker 1: which was terrible. I'll talk about that as well. Point
- 1:25Speaker 1: being is this could have a little bit of hit
- 1:28Speaker 1: on the markets, and of course right now it hasn't
- 1:30Speaker 1: responded dramatically, even though we will look at some charts
- 1:33Speaker 1: at the end of the show that'll take a little
- 1:36Speaker 1: bit of a closer look.
- 1:38Speaker 2: Other things.
- 1:38Speaker 1: If you got to consider is this is how the
- 1:40Speaker 1: stocks of the reporting.
- 1:41Speaker 2: Companies performed yesterday.
- 1:43Speaker 1: Again, these weren't really bad comparing not a lot of
- 1:46Speaker 1: them are tech oriented other than maybe so fine PayPal,
- 1:50Speaker 1: Spotify and there down three. But you also have others
- 1:55Speaker 1: that were kind of somewhat flat.
- 1:56Speaker 2: So it still is yet to be seen.
- 1:59Speaker 1: I think big ones are going to are going to
- 2:01Speaker 1: be part of the mag seven, Microsoft, Apple, Meta are
- 2:05Speaker 1: going to be the key ones to kind of keep
- 2:06Speaker 1: an eye on. Starbucks though did get dumped on and
- 2:09Speaker 1: I think this is an indicator right here for retail sentiment. Now,
- 2:15Speaker 1: retail sentiment is one of the things I think that
- 2:18Speaker 1: drives purchasing power at restaurants, and when you have restaurants
- 2:22Speaker 1: and coffee shops, no matter what point is is that's
- 2:25Speaker 1: expendable income that is starting to diminish here and this
- 2:30Speaker 1: and these kinds of things are potential recession indicators. Those
- 2:35Speaker 1: are the things you have to watch out for. And
- 2:36Speaker 1: of course this can have some issues both good and
- 2:39Speaker 1: bad for crypto because some people may look at crypto
- 2:42Speaker 1: as a flight to safety. Within this, another one that's
- 2:45Speaker 1: going to be dropping in is Hood and they of
- 2:47Speaker 1: course are looking at a potential earnings preview here on
- 2:51Speaker 1: a year over year being somewhat positive, So this will
- 2:54Speaker 1: be interesting to see how they actually report. And of
- 2:58Speaker 1: course within this, a lot of people that are looking
- 3:01Speaker 1: at the stock of Robinhood are really going after some
- 3:05Speaker 1: of the features that have been promised from the Gold membership.
- 3:09Speaker 1: As you guys know, if you're a robin Hood member,
- 3:11Speaker 1: you have a Gold membership. There's some features within it,
- 3:13Speaker 1: including bonuses on how much yield you get on your
- 3:16Speaker 1: dollars US dollars, But the bigger deal is around their
- 3:20Speaker 1: credit card. They're checking they keep kind of teasing in
- 3:22Speaker 1: their events. That has not happened just yet. If it does,
- 3:27Speaker 1: expect Robinhood to take a big move up. Another thing
- 3:30Speaker 1: that can also predicate what's going to happen around a
- 3:35Speaker 1: potential recession is when you get into oil prices continuing decline.
- 3:38Speaker 1: Let me kind of zoom in on this for you
- 3:40Speaker 1: guys just a little bit. This is the extension of
- 3:44Speaker 1: oil prices going down to as low as fifty eight
- 3:48Speaker 1: dollars a barrel. Look at this thing crawling through now. Granted,
- 3:52Speaker 1: you're getting ready to move into the summer months typically
- 3:56Speaker 1: when people do their vacationing. I think we'll see a
- 3:58Speaker 1: lot more cars going on the road this time of
- 4:00Speaker 1: year because of the oil prices continuing to crash. Fifty
- 4:05Speaker 1: dollars is kind of the point of no return at
- 4:07Speaker 1: least that's what I hear from my oil baron friend,
- 4:11Speaker 1: and they talk about this all the time, as fifty
- 4:13Speaker 1: is kind of a no fly zone, especially here in
- 4:15Speaker 1: the United States.
- 4:16Speaker 3: Now.
- 4:16Speaker 1: Opek has even talked about that they could even go
- 4:18Speaker 1: down as low as forty bucks a barrel. That would
- 4:21Speaker 1: be something right there. Now, if you look at what
- 4:24Speaker 1: Donald Trump is saying he's saying, Hey, don't worry about it.
- 4:26Speaker 1: This is Biden's stock market, not Trump's. I didn't take
- 4:29Speaker 1: over till January. Tarriestal students start kicking in, and companies
- 4:33Speaker 1: will start moving back to the US.
- 4:35Speaker 2: This is a lot of what ifs, Guys. We have
- 4:37Speaker 2: not seen anything out of this yet.
- 4:40Speaker 4: Now.
- 4:40Speaker 1: Granted it is the first ninety one hundred days of
- 4:43Speaker 1: the administration, but I am interested to see if he
- 4:47Speaker 1: actually follows through on reducing taxes for Americans, for average
- 4:51Speaker 1: Americans earning one hundred and fifty k or below, eliminating taxes,
- 4:56Speaker 1: because that's what he's promised so far. If that were
- 4:59Speaker 1: to even get a hint of happening, then yeah, maybe
- 5:03Speaker 1: some things could change.
- 5:04Speaker 2: Definitely.
- 5:05Speaker 1: You would start to see a lot more confidence in
- 5:06Speaker 1: the market for sure. Here, of course, is Spencer talking
- 5:09Speaker 1: about this right here. Twenty twenty four was Trump's stock market.
- 5:13Speaker 1: Twenty twenty five is Biden's stock market. It's kind of
- 5:16Speaker 1: an upside down situation. Point is is that the administration
- 5:19Speaker 1: has so much stuff coming out right now. I can't
- 5:21Speaker 1: even keep up with the crap that they are saying,
- 5:25Speaker 1: because most of it is you don't know if it's
- 5:27Speaker 1: left right if they're going to drop teriffs raised tariffs.
- 5:30Speaker 1: And I think this is the uncertainty that is causing
- 5:33Speaker 1: all these companies to not go in and really give
- 5:36Speaker 1: forward guidance. And that is a problem going forward, and
- 5:40Speaker 1: it will be a problem for some time until we
- 5:43Speaker 1: get this terif issue off the front end of the market.
- 5:46Speaker 1: President Trump also says our country will boom. We have
- 5:49Speaker 1: to get rid of the Biden overhang.
- 5:51Speaker 2: Yeah, well, we'll see.
- 5:53Speaker 1: It's got to happen soon, because right now we are
- 5:55Speaker 1: talking about a potential train wreck coming our way if
- 6:00Speaker 1: recession is in the cards. Here, of course, is economic
- 6:04Speaker 1: advisor Peter Navara. I know a lot of people don't
- 6:06Speaker 1: like him, but this was the best negative print for
- 6:09Speaker 1: GDP i've seen.
- 6:10Speaker 2: I don't understand that.
- 6:11Speaker 1: One negative print, best negative print that goes into this
- 6:15Speaker 1: GDP was negative because of only two components. This was
- 6:18Speaker 1: trade import subtracted four point eight three percent from tear
- 6:22Speaker 1: front running and then also the government subtracted a point
- 6:25Speaker 1: twenty five on the first negative government contribution since twenty
- 6:29Speaker 1: twenty two. So all right, so there's some manipulation of
- 6:32Speaker 1: numbers on the GDP. Remember negative GDP is what we
- 6:36Speaker 1: start to see in terms of setting up for a recession.
- 6:40Speaker 1: And there are a lot of pressure indicators that are
- 6:43Speaker 1: hitting the market right now. The biggest one, I still
- 6:45Speaker 1: think is consumer confidence, and that I think plays into
- 6:49Speaker 1: really the future of how quickly this turns into a
- 6:53Speaker 1: bad situation or.
- 6:54Speaker 2: A lukewarm situation. Here's Navarro talking about the GDP. Take
- 6:58Speaker 2: a look.
- 6:59Speaker 5: That's the best negative print I have ever seen in
- 7:03Speaker 5: my life, and the markets need to, like look beneath
- 7:07Speaker 5: the surface of that. We had a twenty two percent
- 7:11Speaker 5: increase in domestic investment that is off the charts. When
- 7:15Speaker 5: you strip out inventories and the negative effects of the
- 7:19Speaker 5: surgeon imports because of the tariffs, you have three percent growth.
- 7:23Speaker 5: So and and consumption despite the soft data with the
- 7:28Speaker 5: confidence being down, the consumption has been robust.
- 7:32Speaker 2: So that number is a really good number, and you.
- 7:35Speaker 5: Sort out all of that stuff, and we should be
- 7:37Speaker 5: celebrating Trump policy and that number.
- 7:41Speaker 6: So right now they're not doing that.
- 7:43Speaker 2: But I understand, all right, So I think there's one
- 7:46Speaker 2: right there. He is full of shit. It's just that bad.
- 7:50Speaker 1: And that is right now that we're dealing with the
- 7:53Speaker 1: US stock market crash, that could be looking at a
- 7:55Speaker 1: recession as odds jump seventy four percent on this week.
- 7:58Speaker 2: GDP number.
- 7:59Speaker 1: A couple of points I want to highlight right here,
- 8:01Speaker 1: GDP fail point three Q one twenty five. This is
- 8:05Speaker 1: the lowest first constraction since twenty twenty two. Impoort serge
- 8:08Speaker 1: forty one percent. That's a problem. This is five points
- 8:11Speaker 1: off the GDP. And then also stock markets are crashing
- 8:14Speaker 1: with S ANDP down two. This is just the beginning
- 8:17Speaker 1: if this is a recession, and we do start seeing
- 8:20Speaker 1: other indicators playing into this. So it is one of
- 8:24Speaker 1: those things, guys, that you have to be ready for
- 8:27Speaker 1: these kind of pullbacks. President Trump says he's more knowledgeable
- 8:30Speaker 1: than the Fed Jerome Powell. Now, I don't know that
- 8:33Speaker 1: I completely love the FED in the sense of what
- 8:36Speaker 1: they and how they've handled certain things, but I definitely
- 8:39Speaker 1: don't think that Trump is more knowledgeable US recession. Right here,
- 8:43Speaker 1: this is the bad chart. Thirty seven percent chance right
- 8:47Speaker 1: now is what the hold is. But we are considering
- 8:50Speaker 1: a large percentage up if you look right here all
- 8:54Speaker 1: the where we were to where we are now at
- 8:56Speaker 1: sixty six percent chance.
- 8:58Speaker 2: So this is a big increa. Just in the last
- 9:01Speaker 2: thirty days for a potential recession. Let me go to
- 9:05Speaker 2: another clip real quick.
- 9:06Speaker 1: This will get into a little bit more of detail
- 9:08Speaker 1: around where this whole transparency issue is starting to play
- 9:12Speaker 1: out when it comes to tariffs.
- 9:14Speaker 7: Take a look, and what the White House did has
- 9:16Speaker 7: now effectively put every company in America on notice that
- 9:20Speaker 7: transparency around tariff pricing is bad, which is ironic because
- 9:24Speaker 7: I remember when Kid Rock showed up at the White
- 9:27Speaker 7: House with President Trump and they wanted to put in
- 9:29Speaker 7: all sorts of transparency rules around scalping tickets and all
- 9:33Speaker 7: sorts of other things retailer on and you want to
- 9:36Speaker 7: be able to do.
- 9:36Speaker 2: This they don't get accused of price gouging.
- 9:38Speaker 7: And the President historically has been coming out in favor
- 9:42Speaker 7: of transparency in almost every other regard, but when it
- 9:44Speaker 7: comes to his own transparency, we don't have it.
- 9:47Speaker 4: We're in the very beginning of this. The prices increases
- 9:50Speaker 4: haven't even started yet, and look at the tension. You know,
- 9:53Speaker 4: one little possible.
- 9:55Speaker 6: Step that they were going to there was a call
- 9:57Speaker 6: to bezos.
- 9:58Speaker 4: Are they going to call everyone for identifying correctly why
- 10:00Speaker 4: the prices are going up? And the public isn't going
- 10:03Speaker 4: to realize this. I mean, I think you know there's
- 10:05Speaker 4: a standing at anti trust suit against the Amazon, So
- 10:08Speaker 4: I think the reason why we're seeing that isn't particularly
- 10:11Speaker 4: because of any anti trust theory, but leverage.
- 10:15Speaker 1: All right, So there you go, guys, I think we
- 10:17Speaker 1: are in for a very rocky may, it looks like.
- 10:21Speaker 1: And this whole deal with transparency, I'm in agreement. I think,
- 10:25Speaker 1: even though you know circuits, I'm not necessarily always in
- 10:28Speaker 1: his camp. Sometimes I don't think he has a full
- 10:30Speaker 1: analysis on this, but in this particular case, I agree
- 10:33Speaker 1: with him.
- 10:33Speaker 2: Retailers should put that out there.
- 10:36Speaker 1: When the actual cost are hitting them, because that's the
- 10:39Speaker 1: other problem that you have to worry about a lot
- 10:41Speaker 1: of shell games going on, is are cost actually hitting
- 10:45Speaker 1: the market or not? And that is now, could it
- 10:48Speaker 1: be impending down the road when costs actually hit the
- 10:52Speaker 1: the street in terms of the retail price? Okay, then
- 10:55Speaker 1: the you know, the narrative of full transparency it needs
- 10:58Speaker 1: to be there because customers are going to figure this out.
- 11:00Speaker 1: It's not something they won't figure out. Here's another clip
- 11:03Speaker 1: right here on dose transparency.
- 11:05Speaker 2: Take a look at this.
- 11:07Speaker 8: I would like to inquire as to when you plan
- 11:10Speaker 8: to bring up my resolution of inquiry h Res two
- 11:13Speaker 8: fifty nine. You have postponed consideration of the resolution for
- 11:18Speaker 8: two markups.
- 11:19Speaker 9: Now what's your parliamentary inquiry?
- 11:21Speaker 8: My resolution seeks basic information about Eline Moss's dove to
- 11:24Speaker 8: se APB systems and data access was the.
- 11:27Speaker 9: General woman's parliamentary inquiry.
- 11:29Speaker 8: Which includes the most personal and sensitive data on Americans
- 11:32Speaker 8: and American businesses with that access order?
- 11:35Speaker 2: And what god, a gentlewoman is out of order?
- 11:38Speaker 9: Is that a parliamentary inquiry?
- 11:40Speaker 2: That's I move.
- 11:41Speaker 8: It's emotion.
- 11:42Speaker 9: I don't believe that's an emotion that is appropriate.
- 11:45Speaker 10: Mister chair.
- 11:46Speaker 2: Could I move the table? Mister chair please?
- 11:48Speaker 8: I will challenge your conclusion. Is there a second smrtup
- 11:52Speaker 8: schedule by the chairs?
- 11:54Speaker 3: Second, I have moved to request the table of the motion.
- 11:58Speaker 9: Most table is in order, and it's not the question
- 12:00Speaker 9: now should be the committee to table missus waters motion.
- 12:04Speaker 9: I think all those a posed please say no and
- 12:07Speaker 9: the impendite share of the eyes have a motion. The
- 12:09Speaker 9: table is not.
- 12:10Speaker 8: I request so requested vote.
- 12:11Speaker 9: A recorded vote is requested.
- 12:15Speaker 1: All right, guys, this is getting a little bit more challenging,
- 12:18Speaker 1: and I think the issue is this whole issue of
- 12:21Speaker 1: around transparency, and I do agree. I can't believe I'm
- 12:25Speaker 1: saying this.
- 12:25Speaker 2: I agree with Waters in this case.
- 12:27Speaker 1: Yeah, those should be very transparent about what they are
- 12:30Speaker 1: collecting and what they are getting and also what they're saving.
- 12:33Speaker 1: If they are saving Americans some money due to you know,
- 12:37Speaker 1: fraud and abuse, great those are all but you can't
- 12:39Speaker 1: have it on both sides.
- 12:41Speaker 2: I totally agree with that.
- 12:43Speaker 1: Here, of course, is the thing that I think starts
- 12:45Speaker 1: to shift the market forward, and that will.
- 12:47Speaker 2: Be this tax bill.
- 12:49Speaker 1: If this tax bill gets through, seven House committees are
- 12:51Speaker 1: now advancing at this week. Four more committees will advance
- 12:54Speaker 1: it next week.
- 12:55Speaker 2: This is a huge step.
- 12:56Speaker 1: It will make tax cups possibly permanent. And I know
- 12:59Speaker 1: that's a crazy statement to make, but that's what they're
- 13:02Speaker 1: going for. If this occurs, you can bet tariffs will
- 13:07Speaker 1: immediately get dropped.
- 13:08Speaker 2: All right.
- 13:09Speaker 1: Here's Steve Scalise talking about this very issue.
- 13:11Speaker 10: Take a look, if we lock in tax rates meaning
- 13:16Speaker 10: no tax increases, and you not only renewed tax current
- 13:20Speaker 10: tax rates for ten years, but permanently, If we get
- 13:23Speaker 10: a permanent American tax code where rates aren't going to
- 13:27Speaker 10: be subject to going up depending on who's in Congress.
- 13:30Speaker 10: I think that'll bring even more stability to the economy
- 13:33Speaker 10: and trillions of new investment that is just sitting on
- 13:36Speaker 10: the sidelines right now.
- 13:37Speaker 6: It will the twenty seventeen bill. Will that be extended in.
- 13:44Speaker 10: Total, That's what I'm pushing for. I don't want to
- 13:47Speaker 10: see anybody's tax rates go up. You know, we're looking
- 13:51Speaker 10: at a reduction for people that make tips. Obviously no
- 13:54Speaker 10: tax on tips. Let's start with the baseline that nobody's
- 13:57Speaker 10: tax rates go up, meaning we keep all you're not
- 14:01Speaker 10: saying that, they never say look at additional pro growth items.
- 14:03Speaker 6: Yeah, sorry interrupt you're not saying no, way, no, how
- 14:07Speaker 6: on that it's a possibility.
- 14:08Speaker 10: Well, I'm saying nobody's tax rates should go up. Nobody's
- 14:11Speaker 10: tax rates should.
- 14:12Speaker 2: Go should will or should?
- 14:16Speaker 1: All right, So that's the issue, guys. We are getting
- 14:19Speaker 1: a lot of side speak on this.
- 14:20Speaker 2: Right now.
- 14:21Speaker 1: Here's another one right here, Let's talk about what in
- 14:25Speaker 1: Nvidia is trying to do to save this. Take a look.
- 14:28Speaker 3: There should always be policy that enables the supports and
- 14:31Speaker 3: accelerate the ability for us to onshore manufacturing. But with
- 14:36Speaker 3: willpower and with the resources of our country, I'm certain
- 14:41Speaker 3: we can manufacture on shore.
- 14:43Speaker 5: Is one more like how behind you think China is?
- 14:47Speaker 3: China is not behind. There's no question that Huawei is
- 14:50Speaker 3: one of the most formidable technology companies in the world.
- 14:53Speaker 10: Well, and will be visiting the White House later today
- 14:55Speaker 10: to continue to talk about AI as well as tariffs.
- 14:59Speaker 11: I would assume he's to share the same with the
- 15:01Speaker 11: administration with Congress as well, in part because he's dealing
- 15:05Speaker 11: with the possibility of sectoral tariffs that conceivably could hamper
- 15:09Speaker 11: our ability in this country to continue to advance at
- 15:11Speaker 11: the same pace.
- 15:12Speaker 2: Exactly, all right.
- 15:14Speaker 1: So I'm also in agreement with this is that we
- 15:17Speaker 1: cannot put any kind of restrictions on the potential of
- 15:20Speaker 1: where AI technology is going to be going here, as
- 15:22Speaker 1: a post from in video right here, America's strength lies
- 15:25Speaker 1: in innovation and competition. Totally agree this rule will only
- 15:29Speaker 1: harm the US economy, set back America, and play into
- 15:31Speaker 1: the hands of our US adversaries.
- 15:33Speaker 2: This is a race that we cannot lose.
- 15:36Speaker 1: Now, I know we've won, you know, a lot of
- 15:38Speaker 1: races in the tech space, but this is not one
- 15:41Speaker 1: that I think is an automatic win for the United States.
- 15:45Speaker 1: There is too much happening on the global stage. You know,
- 15:47Speaker 1: you had Jensen Wong right there address it in terms
- 15:50Speaker 1: of Huawei, and they're a capacity of being able to
- 15:52Speaker 1: go head to head with US in AI development. One
- 15:55Speaker 1: other point with Jensen Wong is that remember when you
- 15:59Speaker 1: look at most of the MAC seven, a lot of
- 16:01Speaker 1: them are Trump donors. Yeah, they're they're working angles with
- 16:05Speaker 1: the administration. Jensen in video, we're not. So it's an
- 16:10Speaker 1: intriguing position. They stayed neutral. They are in a very
- 16:14Speaker 1: powerful position from an AI company. They are one of
- 16:17Speaker 1: the most I think valuable companies in America today, if
- 16:21Speaker 1: not the most valuable company in America today, just because
- 16:25Speaker 1: of the pressure that AI technology is going to put
- 16:28Speaker 1: on societies across the world. So this is an important situation.
- 16:32Speaker 2: Now. Hopefully Trump will listen to what he has to say.
- 16:35Speaker 1: And I think Trump and I know that Jensen is
- 16:39Speaker 1: appreciative of the current administration, but I think maybe together
- 16:42Speaker 1: they might actually come.
- 16:43Speaker 2: Up with a solution.
- 16:45Speaker 1: If you look at the polymarket on this will Trump
- 16:48Speaker 1: lower terrace on China by a certain date. A couple
- 16:51Speaker 1: of dates here you can look at April absolutely not happening. May,
- 16:55Speaker 1: of course maybe sixty three percent. May could get a
- 17:01Speaker 1: little bit hotter here, and mainly because of remember these deadlines.
- 17:04Speaker 1: Deadlines coming up in August July would be cutting it
- 17:07Speaker 1: pretty close.
- 17:08Speaker 2: But it also could happen.
- 17:09Speaker 1: For the first time ever, a Treasury Barring Advisory Committee
- 17:13Speaker 1: now is discussing stable coins as new payment mechanism. This
- 17:17Speaker 1: would be big because if we get a situation where
- 17:20Speaker 1: stable coin issuers, which currently hold one hundred and twenty
- 17:23Speaker 1: billion in T bills, you look at that kind of
- 17:25Speaker 1: growth and the exposure into the traditional banking system, stable
- 17:30Speaker 1: cooins could grow up to two trillion by twenty thirty,
- 17:32Speaker 1: and that may be low in comparison, So a lot
- 17:36Speaker 1: of opportunity here. I know we're going to be talking
- 17:38Speaker 1: with some people here soon that are starting to implement
- 17:42Speaker 1: stable coin uses in retail, and if retail starts to
- 17:44Speaker 1: move into that, now you're talking about trillions and trillions
- 17:48Speaker 1: that could be going into the future market around stable coins.
- 17:53Speaker 1: Of course, you got Secretary Bessont coming in saying that
- 17:56Speaker 1: the US is on the verge of becoming an AI superpower.
- 17:59Speaker 2: This has to happen.
- 18:00Speaker 1: And as I said earlier, this is one of the
- 18:02Speaker 1: key things I think between stable coins. Getting through our
- 18:05Speaker 1: crypto position on a global stage, and our ability to
- 18:09Speaker 1: maintain at least an even if not lead on AI
- 18:14Speaker 1: is critical to the success of not only our markets,
- 18:18Speaker 1: but the United States going forward. If you take a
- 18:20Speaker 1: look at the market right now, as we're looking at
- 18:23Speaker 1: Bitcoin kind of trading a little bit flat right here
- 18:26Speaker 1: at about ninety four to three, and of course I'll
- 18:28Speaker 1: go down to the SMP five hundred as you kind
- 18:31Speaker 1: of see a little bit up over the last few days,
- 18:34Speaker 1: but this is.
- 18:35Speaker 2: Where we may be seeing a little bit of a retrace.
- 18:37Speaker 4: Now.
- 18:37Speaker 1: Granted that was after we saw that dip, obviously precursor
- 18:41Speaker 1: to some of the earnings that have coming in Right now,
- 18:43Speaker 1: this week is a critical date on where SMP.
- 18:46Speaker 2: The SMP will hold. If you look at gold.
- 18:49Speaker 1: Holding it around thirty three hundred, flattening out right here.
- 18:52Speaker 1: Let me know in the comments, guys, if you were
- 18:54Speaker 1: trying to consider an investment for the first time, would
- 18:57Speaker 1: you be looking at securities stocks, would you be going
- 19:00Speaker 1: into gold or would you take your risk into the
- 19:04Speaker 1: risk markets in crypto? Drop some comments down below. Make
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- 19:15Speaker 1: I'm in there every day talking with you guys. I
- 19:18Speaker 1: love to kind of chitchat with you in terms of
- 19:21Speaker 1: your ideas and also some of the projects that you
- 19:23Speaker 1: guys are following. Always get good juice there as well.
- 19:27Speaker 1: Make sure and do that. Use the link down below.
- 19:29Speaker 1: Follow me on x at Paul Baron. We'll catch you
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