Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / Get READY! 🚨 - Crypto and Precious METALS in the TRUMP Era - $UFD

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Get READY! 🚨 - Crypto and Precious METALS in the TRUMP Era - $UFD · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

0:38
We are living through a period of massive uncertainty, the
0:42
Trump administration, what is going on in the world right now?
0:46
But I know I believe that things like precious metals,
0:50
cryptocurrency, Unicorn fart dust are going to come out way
0:55
ahead as the world works its way through these issues.
0:59
Look, we're going to talk about a number of big things going on
1:02
today during this live stream. But first, I want to say thank
1:05
you, yes, you for joining me here today.
1:08
This is not possible without all of our participation.
1:12
You are the most important part of Ron's basement of Unicorn
1:16
fart dust of the precious metals community.
1:19
So thank you for being here. Please share this, give it a
1:22
thumbs up, subscribe on the YouTube channel, anything you
1:25
can do. Susie and I are very, very
1:28
grateful. Now, look, guys, there is a lot
1:30
going on. If we focus in on crypto right
1:32
now, if we focus in on Unicorn fart dust right now, we are like
1:39
we're like in this environment that is so challenging.
1:42
Let's just be real about it. It's like we've all jumped into
1:46
a river to go for a swim and we're swimming against a massive
1:50
current. But that can change, right?
1:54
We are swimming against the current and we are holding our
1:57
place. But we got to believe that two
2:00
big things could occur. Number one, money will come back
2:04
to the crypto sector. The liquidity has been drained
2:08
lately from the crypto sector. We know that that will change.
2:12
We know with all of this uncertainty out there that
2:16
eventually the money will come back flowing, right?
2:19
The flow of the river will turn in our favor and it'll be a
2:24
much, much easier swim for us. We also know that there's no way
2:29
around the fact that money printing is on the way.
2:32
They will have to print money and the dilution of the dollar
2:36
is all but certain. So as investors in general,
2:40
general markets, OK, everything except gold basically is going
2:44
through a very challenging time right now, right?
2:48
We have to realize, right, that Trump is going to turn the
2:52
printing press on. He's going to make sure that it
2:55
happens. How do we know that, right?
2:57
the Fed will act, right? Jerome # the Federal Reserve
3:00
will act, but only when they are forced to Listen to this.
3:03
Listen to this, just to give you an idea of what is going on
3:07
right now. We get this yesterday, Trump.
3:12
Donald Trump says Powell's termination cannot come fast
3:17
enough. OK, The president's comments
3:20
about the central bank boss on Truth Social post and at an Oval
3:25
Office press conference came one day after Powell said the
3:29
central bank will, quote, wait for greater clarity before
3:33
considering any rate adjustments as he warned on Trump's tariffs
3:37
would likely generate, quote, higher inflation and slower
3:40
growth. Look, things are in a big state
3:43
of disarray in Washington. Jerome Powell, we're going to
3:47
get him out. We're going to show him here in
3:49
a second. We're going to get him out of
3:50
his box is in a very difficult situation.
3:54
Let's look at this actual social post from Donald Trump.
3:57
He said the ECB, that's the European Central Bank, they
4:01
control the euro currency is expected to cut interest rates
4:05
for the 7th time. And yet he refers to Jerome
4:09
Powell as quote, UN quote, too late.
4:11
Jerome Powell of the Fed, who is always too late and wrong,
4:16
yesterday issued a report which was another and typical complete
4:20
mess. Oil prices are down, groceries
4:23
even eggs are down and the USA is getting rich on tariffs.
4:28
Too late. He refers to Jerome Powell as
4:31
being too late. Too late.
4:33
Should have lowered interest rates like the ECB long ago, but
4:37
he should certainly lower them now.
4:39
Powell's termination cannot come fast enough.
4:43
Guys, this is very important for us to realize how unprecedented
4:47
this type of behavior is. The Federal Reserve.
4:50
Let me get Jerome out. He wants to say hello, right?
4:54
Jerome Powell, there he is. And the Federal Reserve is
4:59
independent from the from the from the president.
5:03
It's was set up that way so that the Fed could do what they
5:06
thought was best in a non politicized manner.
5:10
The fact that we have a president publicly attacking a
5:14
Federal Reserve Chairman is really unprecedented in the
5:18
history of the United States. They say that during the Reagan
5:21
administration, they called Volcker to the White House to
5:24
chew him out, to say, hey, you know, Volcker's the guy that put
5:28
rates up at like 20%. But they actually did the
5:31
meeting in the library at the White House because there was no
5:34
recording equipment in there. So this is an unprecedented
5:38
situation. We have the president of the
5:41
United States, right, trying to dictate the policy, the monetary
5:47
policy, right? That's called the monetary
5:49
policy. What this guy does, our old
5:52
friend Jerome, right, he's got, he prints.
5:54
He prints right, Remember, he prints the toilet paper money
6:00
that that is being attempted to be controlled.
6:02
The other big thing that happened this week with the Fed
6:04
was right. We have the recession and the
6:06
inflation on the other side of the box.
6:10
At a Chicago Economic Club speech given by Jerome Powell,
6:13
he basically admitted that they're up a Creek without a
6:16
paddle. They're going to be facing high
6:18
inflation while at the same time a slow down in the economy.
6:22
Guys, it is going to get crazy. And I'm telling you, I'm telling
6:27
you the end result will be dilution of the US dollar, a
6:31
lowering of the, a lowering of the value of the US dollar.
6:37
And that will be good for cryptocurrency, that will be
6:40
good for precious metals. We're already seeing it.
6:43
Gold is the smartest, oldest market in the world.
6:47
I believe crypto will follow gold.
6:49
I know silver will also follow gold.
6:53
Gold's been around longer than anybody, OK?
6:56
It can see around the corner and it can see around the next
7:00
corner also. And what it sees, right, is
7:02
trouble for the US dollar. And the big question that's
7:05
being asked as well as like, would Trump be blasting Powell
7:09
if these trade tariff negotiations were going so well?
7:13
Like they keep claiming as well. All right, let's go look at the
7:16
dollar index because this will be one of the critical factors
7:20
for crypto as we move forward. And again, right, we're looking
7:24
at this every day now. We are guys, we are healthy
7:29
below the 100 level. Remember, 100 was the critical
7:33
level, the critical support level that we broke through and
7:38
just because we like to look at it every day, the 100 level,
7:46
which it held. Well, let's go back here.
7:48
Let's look at this. Let's look at a three-year chart
7:51
of that. OK, you can see we'll get the
7:54
crayons out. Don't you worry.
7:55
Here we go again. We cannot look at this often
8:00
enough. 100 was this. That's about 99 where we are
8:04
now. I drew the line a little bit too
8:06
low. But anyway, over the last three
8:07
years, we we came down, we came down.
8:09
We never broke below. However, if we look at this on a
8:13
long term basis and I, you know, I think we looked at this, this
8:18
is just crazy to think I, I, I, this is actually for any crypto
8:24
or precious metals investor, very exciting.
8:28
OK, there's a line at 100. OK, there we are right now, we
8:32
are below 100, which seems like, Oh my gosh, the dollar's
8:35
falling. The dollar's falling.
8:37
But if we look back throughout history, 45 years, you can see
8:41
the dollar has been down as low as 75 a couple times, even 2011.
8:47
That's when gold and silver went on an unbelievable tear.
8:52
OK, Silver went to $50 per oz, which it's still has not
8:57
surpassed. And in today's dollars that's
8:59
like $80.00 an ounce. But remember something very
9:03
critical back then there was no crypto.
9:06
I think now the crypto will, will follow the lead of gold
9:11
will follow silver and go much, much, much higher as we move
9:16
through these very just incredibly uncertain times that
9:20
all of us are living through in in the general markets.
9:24
It's it's going to be interesting guys.
9:26
It is going to be absolutely interesting and let's take a
9:29
look at what Trump is pressuring.
9:31
This is going to control everything.
9:33
Let's take a look in terms of the interest rates and see how
9:36
that's changed. We've been keeping a close eye
9:39
on this. This is the Chicago Mercantile
9:42
Exchange Fed watch tool, OK. It gives the probabilities of
9:46
the rate cut moves that from the Federal Reserve.
9:49
So remember, Trump is pressuring is putting big pressure on
9:54
Jerome Powell to cut rates. But but if we look here, the
9:58
current target rate of 4.25, this is the May meeting.
10:03
You can see up here, which is the next one coming up in about
10:06
20 days. There's a 90% chance that
10:09
they're going to leave rates where they are.
10:11
But again, like we looked at yesterday, let's go out to to
10:14
December, Christmas time. All right, holiday season.
10:19
OK, So again, just so you can see, that's the December
10:25
probabilities and this is based on big money, the big traders on
10:30
the Chicago Mercantile Exchange. Let's look at these two numbers.
10:34
That's the current rate, 4.25. This is telling us if we look
10:39
here, 3.5 or 3.25, it's saying there's a one in three chance
10:45
that rates could be a full 1% lower.
10:52
That is incredible. It's also saying there's a third
10:55
about South, about another third percent chance that rate, excuse
10:59
me, rates could be 3/4. That would be .75% lower.
11:12
So no matter how you slice it or dice it, the big money, right,
11:16
the big smart, the big smart investors that make massive bets
11:20
on these changes, that's what the goes on at the CME, the
11:23
Chicago Mercantile Exchange, They are foreseen that we're
11:26
going to have much, much lower rates as we head into the
11:29
future. And why, right.
11:31
There's so much uncertainty with tariffs.
11:34
There's so much uncertainty with with with the in the world
11:38
geopolitically, with the weaponization of the US dollar
11:41
and the US debt situation. That's why people are selling
11:46
treasuries all around the world. And when people sell Treasuries,
11:50
there's what's called an inverse relationship between a bond
11:54
price and the interest rate. When they sell the the bonds,
11:58
the price of the bonds go down. And that makes the interest
12:01
rates go up even higher, which works even further against
12:07
against what President Trump is pressuring Pow this guys, it is
12:11
going to be mayhem, OK? It's going to be crazy.
12:14
And we're going to be real happy that we own finite resources.
12:18
I think it bodes very well for UFD, right?
12:22
You know, the, the, the crypto that we're all involved in that
12:26
we have have established over 4 months as a crypto that's going
12:32
to be here, that's here to stay. So it'll be super and it's super
12:36
interesting. And then, and then this just
12:37
blows us away. What about the Russians?
12:39
Remember when, the, when the Ukrainian conflict started and
12:44
Joe Biden said, I'm going to turn the ruble into rubble?
12:48
Well, just to put icing on the cake with everything that's
12:51
going on, we get this headline yesterday from the Telegraph.
12:56
The Russian ruble is now being crowned is the world's best
13:00
performing currency as the dollar declines.
13:04
The currency is buoyed by record high interest rate of 21% as
13:10
Moscow battles inflation. Now I found something, excuse
13:15
me, very interesting about this. This reminded me of what we did
13:22
in the United States back in the 80s, guys, back in the 1980s, we
13:26
had interest rates as high as 1520% as Paul, Paul Volcker, who
13:32
was the Federal Reserve. He was the Jerome Powell of the
13:34
day was battling the big inflation problem that we had
13:38
during the 70s because back then the United States did not have
13:43
that. I share the right screen.
13:44
I believe I did, yes. Did not have the massive debt
13:48
that we have now, OK. We were able to raise rates to
13:52
that level, control inflation, and that ushered in what, a 45
14:00
year period of unbelievable economic growth.
14:04
Is that what the Russians are doing now, right.
14:06
They've raised their interest rate to 21%.
14:09
Here's a real simple explanation for you as to why we can't do
14:15
this. And Susie told me I need to use
14:17
a different color. So let's let me see here.
14:21
Here we go. Wonder if black works.
14:23
Let's try black. All right.
14:25
Yeah. Here we go.
14:28
Wait a minute. Let's try this again.
14:30
Sorry, you guys. Let's try black again.
14:35
All right, Here we are. There's our U.S.
14:38
National debt. This is why the United States,
14:42
we are really in a bad situation.
14:46
You know, if we would need, if we raised interest rates to 20%,
14:51
OK, do you realize what would happen to this number down here,
14:56
which is the interest, the annual interest that you and me
15:00
as American citizens, those of you who live in America are
15:03
paying, right? It would probably go up to like
15:07
6 or 7 trillion per year. The government only brings in 5
15:13
trillion per year. OK, we would be spending more on
15:18
interest alone than anything. We then, then, then what the
15:21
government brings in. We've already got a deficit
15:24
right now of 2 trillion. I mean, it's, it really truly is
15:28
a scary situation. We'll see how it all works out.
15:30
Enough doom and gloom. What do you guys say we do the
15:34
the duster of the day and we're going to do it a little
15:37
different today today we have a special duster of the day
15:43
chronic cruise OK, he's a part time Deegan content creator OK
15:49
and a member of course of of many communities including UFD.
15:54
Our friend Crypto Art recommended him.
15:56
He said, I'm truly grateful for this vibrant.
15:59
Make sure I've got that up. Yes, I do for this vibrant
16:02
community where diverse voices come together to share ideas so
16:06
support one another and inspire growth.
16:09
Your passion and kindness make this space A welcoming haven,
16:12
fostering connections that uplift us all.
16:16
Thank you for making it so special.
16:18
Ron and Susie, you lit, you lit the fire, and we all keep it lit
16:22
Truly grateful. Well, my friend, we appreciate
16:26
you. We appreciate everyone who day
16:28
in and day out, including right now as we're together here in
16:31
Duster Club. Oh, my gosh, I forgot.
16:34
Where's my list? That's why I'm forgetting here.
16:37
Horns up, Dusters. Let's all raise our horns and
16:41
salute chronic crews. He is our duster of the day.
16:47
And I apologize. I lost my daily list that I need
16:50
to say to you guys. Hold on a second here.
16:54
We're we're descending into mayhem.
16:58
All right, horns up and congratulations to Chronic.
17:03
Here it is. I found it.
17:06
And good attracts good. You know, there's certain things
17:09
we want to talk about everyday. Horns up, dusters.
17:11
Let's all salute Chronic Crews as the duster of the day.
17:15
Here is his ex profile. What you need to do is go out
17:19
there. He's got 3000 followers.
17:22
Let's see, well, 2994. Let's see if we can get him over
17:26
3000 today. But he's a critical member of
17:28
our community. OK, there's some of the NF TS
17:31
he's reposting. I like this one.
17:34
He reposted from Dustro one looking for a centralized
17:37
exchange to buy beans. Those are all the places we can
17:41
buy beans up to and including Kraken, right?
17:44
Our tier one exchange listing. He reposted this one from Life,
17:49
right? Life puts out some incredible
17:51
art. Check that out.
17:52
Huh. So guys, look, we are nothing
17:57
without our relationships. We are nothing without our
18:00
community. And you know, that's why it's so
18:04
important, right? It is critically important that
18:07
we come together on a regular basic chronic cruise.
18:10
You're a big part of the community, right?
18:12
All of you out there watching right now, you're a big part of
18:15
the community. Let's keep this going.
18:17
But today we're going to salute chronic cruise with the Golden
18:20
Horn. Let's all let's all help install
18:24
the Golden Horn on our friend chronic cruise.
18:28
Now, if you have somebody who you want to have this duster of
18:30
the day, please send Adm to upstairs Susie.
18:36
She's my beautiful assistant who helps organize the duster of the
18:40
day and we'd love to have you. You can even nominate yourself.
18:45
Let's see if that's all. Say hi to upstairs Susie.
18:48
I just turned her on. Hey, Susie, I'm sorry, did I
18:51
just turn you on? I'm here over, OK.
18:57
Thank you over. I requested that if someone
19:00
would like to be duster of the day or would like to nominate
19:02
someone is duster of the day that I would that I would like
19:07
them to send you Adm is that OK? Over please.
19:09
Over please. Do that everyone.
19:13
I'm looking forward to seeing some more DMS with nominations
19:18
over. But I sure am glad I turned her
19:23
on again today. All right, everybody, give Susie
19:26
a high 5, right? She loves you.
19:27
That's upstairs, Susie. Go follow her on Twitter, too.
19:31
She has the secret mission. I was eavesdropping on a
19:34
conversation she was having with one of her friends where she was
19:37
saying that secretly, she wants to get more Twitter followers
19:41
than I have. Well, hey, you know, go for it
19:44
upstairs, Susie. I'm up for the competition, All
19:50
right, guys, gold and crypto, in my opinion, gold and Bitcoin in
19:56
particular, we hear that right, that Bitcoin is digital gold are
20:00
in the same, same category. I believe that as this next
20:05
three to four to five years plays out that it's going to
20:09
prove to be a very lucrative period for crypto.
20:14
It'll be led by Bitcoin, right? Bitcoin now controls like 66%.
20:19
Of the of the crypto market so we'll be keeping a close eye but
20:24
gold will lead the way OK crypto and and Bitcoin I believe will
20:29
follow. Now let's go take a look at some
20:31
crazy data. You know gold is at all time
20:34
highs but look at this tweet that came out yesterday from
20:38
Anthony Pampliano. Anthony Pampliano he says gold.
20:44
I didn't realize this is outperforming stocks over the
20:48
last 20 years has got to be one of the biggest surprises in
20:53
finance. And then look at our friend DJ
20:55
Litmus down there. Huh.
20:57
That can't go wrong with precious metals.
20:58
Can't go wrong with the best meme coin, UFD.
21:02
All right, I don't know if DJ Litmus is having a a dance party
21:06
tonight. If he is, I'll be sure to reply
21:09
to to repost it. This post got 731,000 views.
21:18
OK guys, here's the deal. Gold and crypto are the same
21:23
thing. They're alternative assets.
21:26
Gold is at all time highs. Why do people like gold?
21:30
Think about it, because it's decentralized.
21:32
It's D5. It's the original version of D5,
21:36
right? Nobody's in charge of it.
21:38
Nobody's in charge of Bitcoin. Guess what?
21:42
Nobody's in charge of UFD. Nobody controls it.
21:46
I don't control it. I'm not the controller, right?
21:49
I created it, but it's completely out of my hands.
21:54
It's on the blockchain. Nobody controls crypto.
21:59
Nobody controls gold. That's why they're so they're so
22:02
much in common. That's why they are the enemy of
22:07
the Fiat money system, OK? Fiat, they don't like, they
22:11
don't like gold and silver. They don't like crypto, OK,
22:14
because because crypto is the decentralized way to store
22:19
value, just like gold and silver have been for thousands and
22:22
thousands of years, all right. And what gets very interesting
22:28
as we look at this movement towards decentralized finance
22:32
overall, we get this news. This is crazy in gold is beating
22:42
the S&P 500 for 20 years. Why haven't we heard of that?
22:45
Let's get back to that quick, then we'll get to this, right?
22:49
Why? Why aren't we hearing that?
22:50
Why isn't that front page news? Why isn't it being talked about
22:53
on CNBC? Right, because they don't want
22:56
people to know. They really don't want people to
22:59
know the reality of what is happening here is that debt
23:03
problem, that debt spiral that I showed you earlier is coming
23:08
into fruition. They want all the sheeple right
23:13
to just keep storing their money in Fiat because that's their
23:17
system and they can inflate the value way.
23:19
All that good stuff. Now, maybe I'm wrong, maybe I'm
23:22
a tinfoil hat conspiracy theorist, but Bitcoin fixes
23:26
that, UFD fixes that, Gold fixes that, and Silver fixes that.
23:41
And let's just see how pronounced, what is going on,
23:44
how extreme this is actually become.
23:49
OK, after a surge to record highs, gold overtakes the
23:55
Magnificent 7 as the most crowded trade on Wall Street.
24:01
Gold is doing better right than The Magnificent Seven.
24:06
I highlighted this one paragraph for you.
24:08
According to Bank of America Fund manager survey published
24:11
this week, nearly half of the fund managers 50% see long gold.
24:17
That means or bets the gold prices will rise as the most
24:21
crowded trade in the market right now.
24:23
This marks the first time in two years that fund managers did not
24:28
see the Magnificent 7 is Wall Street's most crowded trade.
24:32
And just to review the Magnificent 7 gold prices have
24:37
surged almost 30% year to date, while the mag seven tech stocks,
24:42
Apple, Google, Microsoft, Amazon, Meta, Facebook, Tesla
24:49
and NVIDIA are down considerably.
24:52
That's the world that we're living in.
24:54
How does that feedback into crypto?
24:56
How does that feedback into UFD? It absolutely does.
25:01
The world is realizing, right, that real assets, finite assets,
25:09
right? Non non manipulate, non
25:12
manipulate, non manipulatable or less manipulatable assets are
25:20
where they want to store their value, right?
25:23
When you look at UFD, how decentralized we are, the whole
25:27
world, we always talk about people in Africa have the same
25:30
access to Unicorn fart dust that we have.
25:34
And that's a good thing because a lot of those people don't have
25:37
access to bank accounts. A lot of those people don't have
25:40
access to be able to get into a stock or a stock market.
25:46
It's very interesting how the world is changing right now.
25:50
I think we're on the cusp of the situation.
25:52
Very similar, very similar to when the printing press was
25:56
invented, when the Internet first came around, when YouTube
26:00
allowed people to communicate via video for the first time,
26:03
right? These massive barriers, right?
26:06
Technology is breaking them down in democratizing everything,
26:11
decentralizing everything. We are really living in an
26:15
incredible period of time. Probably we don't realize it,
26:19
right? Usually people don't realize it
26:21
until they look back. Do you realize it?
26:25
I realize it right? The first thing that happened
26:28
was the fact that I can sit here in my basement and communicate
26:34
with you all over the world, hundreds of people right now,
26:38
right, that are all joined together.
26:40
Thousands will watch this later in the day.
26:43
It is a crazy, crazy time, a great time to be alive and with
26:48
decentralized finance, right? Gold and silver have been doing
26:52
it for thousands of years, and now crypto is doing it.
26:56
It's an even more exciting time to be alive.
26:59
Hey, Speaking of which, I want to say thank you to channel
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27:06
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27:31
Look, I had not heard of moon Pay six months ago, but when I
27:35
started Unicorn fart does, they were a critical part of my
27:39
story. Moon Pay was my first experience
27:43
in crypto, right? And I learned about the company
27:46
and I felt comfortable with the company.
27:48
And as I went through my initial transactions, everything went
27:51
perfectly smoothly. So it's a big honor for me to be
27:54
able to have moon Pay, right, enabling us to get together here
27:57
in the basement. But because they're a natural,
28:00
organic part of my story. And the same thing with Ledger,
28:04
right, The leader in hardware wallet technology.
28:08
Who else could we ask for? Everybody knows Ledger, right?
28:11
Allows you to safely store your crypto, the keys to your crypto
28:16
off the Internet, right? They sold millions and millions
28:19
of their Ledger devices, right? I have a Ledger Flex.
28:22
I absolutely love it. I love the Ledger live app, OK?
28:27
It's just it's just like a seamless beautiful experience
28:31
and they're helping people all over the world, right?
28:34
Not make the same, not make the same mistake that I made, right?
28:39
The mistake that I made, I didn't think about security
28:42
until after I went through a terrible hacking event, right?
28:46
They're helping more and more people every day do the right
28:49
thing, which is to think about security right now, securing
28:53
your crypto and of course, of course, our friends.
28:57
Can you see it right there, dirty man, safe, right?
29:00
Look, I know crypto people. I know gold and silver people.
29:04
I know all of you very well. I know you like to hide things,
29:08
right? Maybe you have a safe in your
29:09
house, maybe you have a safety deposit box, whatever the case
29:13
may be, but it's always good to diversify your where you secure
29:19
your valuables and Dirty Man Safe is an excellent product
29:22
that allows you to secure things in the ground.
29:25
Go check them out. Dirty Man safe.com here.
29:28
I'll show you quickly because I really love this thing.
29:37
This is the actual safe, OK? It comes with a sleeve that you
29:41
bury in the ground. Again, check it out at their
29:43
website. Don't forget Ron 10 and you get
29:46
a discount, but you store whatever you like inside this
29:51
capsule. And I'm telling you, there's a
29:53
Unicorn in that capsule. This thing is robust, OK?
29:59
And you dig a you dig a hole. There's a sleeve this goes down
30:03
in and then the cap sits on top and you're like a pirate.
30:07
You've got, you know, buried treasure right there in your
30:10
very own backyard or wherever you decide to bury it.
30:14
Just don't. Don't they also make dirty girls
30:17
things? Hold on.
30:20
Yes, hold on, Susie. Yes, Susie, they do.
30:27
They make The Dirty girl and they make The Dirty old man
30:35
different. Those are different sizes that
30:37
that one. I've actually the one I just
30:38
showed you was The Dirty girl. It's the smaller and then
30:42
there's The Dirty man, which is the standard and then The Dirty
30:46
old man, which is this like really big one.
30:49
So they have different sizes. The thing that got me and it
30:54
reignited, pardon the pun, and it's a bad pun because there was
30:57
a tragedy. What happened but with Dirty Man
31:01
Safe was when I read about that during the Los Angeles fires,
31:05
people lost millions and millions of dollars in crypto,
31:09
in Bitcoin because the fires were so intense that people that
31:18
had their, their seed phrases stored on paper.
31:21
Well, they were gone obviously. But even people that had them
31:25
and what they thought were fireproof safes, a lot of those
31:29
were gone. And even even people that had
31:32
their engraved on those metal plates that a lot of those
31:36
became rendered unreadable. So, and I thought, wow, if those
31:40
people had had a dirty man safe where it was buried a foot and
31:44
1/2 or two feet in the ground, they'd have been fine, right?
31:50
Because that thing protects against floods and protects
31:53
against fire and everything else.
31:55
All right, I digress. Let's talk about gold a little
31:59
bit more. This is interesting.
32:00
Recent data out of China. China is becoming the world
32:05
powerhouse economy. There are 1.4 billion people in
32:11
China. There's also 1.4 billion people
32:14
in India. Right?
32:15
On a side note, I've encouraged everyone in India to buy one US
32:19
drink, the 100. Viewers on YouTube if you want.
32:24
To ring the call or the baby. OK, Thank you, Susie, over.
32:34
I think we gave her too much coffee this morning or
32:36
something. I will do that in one second.
32:38
We're going to ring the gong because we got 100 people
32:41
joining us now on YouTube. OK, this is interesting.
32:45
Out of China, right back up India, we'll focus on India.
32:49
If everybody in India bought one UFD bean, there'd be a
32:52
beanopoly, it'd be done. So eventually we're going to get
32:56
our videos translated into Hindi.
32:58
And I, I cannot wait, right, forget to get more and more
33:02
Indian people into UFD. But China gold, remember, gold
33:08
is the Canary in the coal mine for crypto, right?
33:12
The Shanghai Futures Exchange saw trading volumes of gold hit
33:17
the highest level in a year last week.
33:20
OK. The buying frenzy in China has
33:22
seen prices move to a premium right over the West of $20 per
33:28
oz, OK. And inflows to onshore ETFs
33:33
driven by retail investors have set new records week after week.
33:36
So people, there is a like unbelievable gold frenzy going
33:42
on in China right now. They can't buy crypto, right?
33:46
It's illegal, last I'd heard in China, they're buying gold.
33:49
The world is just moving into this decentralized finance
33:54
environment and doing it at a pace like we have really, really
34:00
never seen before. I'm going to ring the gong for
34:04
everybody. Everyone loves when I ring the
34:09
golden gong. Listen to it resonate.
34:11
And this is for all you, for everybody, including the people
34:15
on YouTube, right? Please subscribe the people on X
34:18
Thank you. OK, enough of that.
34:24
All right, guys, thank you for being here.
34:26
Thanks for being part of the basement.
34:28
I appreciate you, appreciate everything that everyone in the
34:31
UFD community, the precious metals community is doing,
34:35
right? It's a big deal, right?
34:37
This is not possible without you joining.
34:40
You are important, right? You're good.
34:42
Be good to yourself. Remember that.
34:44
It's OK. I'll give you a little preach.
34:46
Start with yourself. Be as good to yourself as you
34:49
can. Little self acceptance, a little
34:51
self love. Excuse me, That'll give you the
34:56
ability to go out there and be nice to other people, right?
35:00
And that's what UFD's been about from day one.
35:02
Good attracts good and you guys are doing so many good things.
35:07
I mean, like we are being watched.
35:09
Oh, I had this conversation last night.
35:11
Was talking to one of our key community members, right?
35:14
Very smart guy. And we were talking about like
35:17
everybody's watching us. I know Sarah put out a post last
35:21
night. I think I reposted it, right?
35:23
Like she's like everybody I talked to has good things to say
35:28
about UFD, right? Everybody is watching us guys.
35:32
And we are proving during what has really been right, a crypto
35:36
and mean coin Armageddon, let's call it what it is that we are
35:40
here to stay, right? That we aren't going anywhere.
35:44
And we are like building and building and building and
35:47
building and building and building a massive solid
35:52
foundation from which potentially, right.
35:55
Look, I'm not a financial advisor, don't make any
35:58
financial decisions, but what I believe could be a very bright
36:02
future. All right, guys, have a great
36:07
day. OK?
36:08
It's a holiday for some people. I hope you have a great day.
36:11
I'll look forward to seeing you next time.
36:12
Thanks for being here. All right.
36:14
Thanks.