Latest / Earn Your Leisure / Cliff Notes: WAR'S IMPACT ON GOLD, OIL, & CRYPTO

Transcript

Cliff Notes: WAR'S IMPACT ON GOLD, OIL, & CRYPTO · Earn Your Leisure

• 0:00
  Speaker 1: You just realized your business needed to hire someone yesterday.
• 0:04
  Speaker 1: How can you find amazing candidates fast? Easy? Just use Indeed.
• 0:09
  Speaker 1: Stop struggling to get your job posts seen on other
• 0:12
  Speaker 1: job sites. With Indeed sponsored jobs, your post jumps to
• 0:16
  Speaker 1: the top of the page for your relevant candidates, so
• 0:19
  Speaker 1: you can reach the people you want faster. According to
• 0:22
  Speaker 1: Indeed data, sponsored jobs posted directly on Indeed have forty
• 0:26
  Speaker 1: five percent more applications than non sponsored jobs. Don't wait
• 0:30
  Speaker 1: any longer. Speed up your hiring right now with Indeed,
• 0:33
  Speaker 1: and listeners of this show will get a seventy five
• 0:36
  Speaker 1: dollars sponsored job credit to get your jobs more visibility
• 0:39
  Speaker 1: at indeed dot com slash pod Katz thirteen. Just go
• 0:45
  Speaker 1: to Indeed dot com slash pod katz thirteen right now
• 0:50
  Speaker 1: and support our show by saying you heard about Indeed
• 0:53
  Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is
• 0:57
  Speaker 1: all you need.
• 0:58
  Speaker 2: Look what Netflix? What they do now? Netflix?
• 1:00
  Speaker 3: Yeah, so Netflix has a decision to make and I
• 1:02
  Speaker 3: guess they'll they'll make it by tomorrow, but pretty much
• 1:06
  Speaker 3: Russia has put a spotlight on them, saying listen, if
• 1:08
  Speaker 3: you're not going to spread our shows, and I guess
• 1:11
  Speaker 3: our propaganda, We're gonna ban you from the country. So
• 1:15
  Speaker 3: for Netflix, I feel like it's a pretty easy decision.
• 1:17
  Speaker 3: If even just from a subscription standpoint, you got a
• 1:20
  Speaker 3: million subscribers in Russia, I mean you lose a millionaire. Yeah,
• 1:25
  Speaker 3: well matter, it's not that you know, it's not gonna
• 1:27
  Speaker 3: change drop in the bucket. Yeah, it's not gonna change
• 1:29
  Speaker 3: the scale of the business. But that's interesting, Like they're
• 1:32
  Speaker 3: looking at the streaming service like listen, this is Hey,
• 1:34
  Speaker 3: We're gonna put this section on you.
• 1:36
  Speaker 2: Like okay, well what is important to play?
• 1:38
  Speaker 4: See now, what Russia does have in his favorite is
• 1:42
  Speaker 4: natural resources, mainly oil oil. So even being out here,
• 1:46
  Speaker 4: they were saying, like the prices of gas could double
• 1:49
  Speaker 4: once they cut the pipeline off from Russia, and now
• 1:52
  Speaker 4: it's pushed Opack in even more of a you know,
• 1:55
  Speaker 4: prime position to really manipulate the market however they want.
• 1:58
  Speaker 4: So I want to ask Jessica oil. But first goal
• 2:02
  Speaker 4: I talked to you about this, how is what's the
• 2:05
  Speaker 4: relationship between gold and wars and times of uncertainty?
• 2:08
  Speaker 2: Gold?
• 2:09
  Speaker 5: Prussians medals, platinum, all precious metals, platinum, silver, gold, all
• 2:14
  Speaker 5: of them need to buy them when there's war now
• 2:17
  Speaker 5: in the foreign exchange mark, you definitely want to be
• 2:19
  Speaker 5: careful with your injuries, all right, because right now gold
• 2:22
  Speaker 5: shot up literally when they declared war got gold literally
• 2:27
  Speaker 5: shot all the way up and it hit that negative
• 2:29
  Speaker 5: six to one.
• 2:29
  Speaker 2: Point and eight.
• 2:30
  Speaker 5: Now I'm expecting a pullback, all right. I'm expecting to
• 2:34
  Speaker 5: pull back up until probably the end of this week,
• 2:36
  Speaker 5: and then I'm expecting it to rise higher.
• 2:38
  Speaker 2: For sure.
• 2:39
  Speaker 5: I wish I had my charge.
• 2:41
  Speaker 6: And the market's gonna do a dead cat bounce, which
• 2:43
  Speaker 6: is yeah, this level of this level, right, but yeah,
• 2:49
  Speaker 6: gold shoots back up, of course, the market is going
• 2:51
  Speaker 6: to taper up and then push back down, which is
• 2:53
  Speaker 6: called the dead cat bounce. We talked about it before. Yeah,
• 2:55
  Speaker 6: so you can play those two intendam.
• 2:58
  Speaker 2: Just anybody that's new, just explain what a day can't bounce.
• 3:01
  Speaker 6: It's just when the market shoots up really fast. So
• 3:03
  Speaker 6: like if I go to Rucker and I'll score fifty
• 3:05
  Speaker 6: eight points, I'm not scoring fifty eighty a second, so
• 3:08
  Speaker 6: my average is going to drop down. So the Dow
• 3:11
  Speaker 6: is going to peak up really high and then it
• 3:12
  Speaker 6: to slide back down, say with S and P five
• 3:14
  Speaker 6: hundred and then goal will take off. Also got to
• 3:17
  Speaker 6: look at the volatility index. So if we get back
• 3:20
  Speaker 6: to a level of like around thirty nine forty four,
• 3:23
  Speaker 6: that's where the market will start to top top at.
• 3:25
  Speaker 6: But we are thirty one now it has room to
• 3:28
  Speaker 6: push up. And I know Russia or the talent said
• 3:30
  Speaker 6: he doesn't back them, but you have to look and
• 3:32
  Speaker 6: see what percentage a bitcoin is Russia own more than
• 3:36
  Speaker 6: twenty percent? Google how much ethereum? They are scary.
• 3:41
  Speaker 3: I mean it's even interesting because bitcoin right the Ukraine government,
• 3:48
  Speaker 3: they've been receiving funds do bigcoin and so people have
• 3:52
  Speaker 3: been sending a bigcoin as a way for them to
• 3:55
  Speaker 3: help them help themselves.
• 3:57
  Speaker 2: Was it like crypto currencies?
• 3:58
  Speaker 3: Now of playing this.
• 4:00
  Speaker 6: I can make an argument that through supporting some of
• 4:02
  Speaker 6: these coins, you are funding terrorism.
• 4:05
  Speaker 4: Funny you say that because on the flip side, so
• 4:08
  Speaker 4: nineteen keys put a post up. I just actually was
• 4:11
  Speaker 4: looking at it right before this, and he was saying,
• 4:15
  Speaker 4: how somebody from Ukraine let me actually read it so
• 4:17
  Speaker 4: I don't misquote it. So he took a quote he
• 4:22
  Speaker 4: took like a screenshot of somebody that was well, I
• 4:24
  Speaker 4: guess is in Ukraine who tweeted something he said, my
• 4:27
  Speaker 4: Ukrainian credit cards don't work anymore. I'm safe physically in Kazakhistan,
• 4:34
  Speaker 4: but all my savings are gone.
• 4:37
  Speaker 2: Crypto is the only money I still have.
• 4:40
  Speaker 4: And today I can say without any hesitation, Bitcoin, Ethereum
• 4:47
  Speaker 4: and NFT are going to save my life while I
• 4:52
  Speaker 4: can't come back home.
• 4:55
  Speaker 2: And so that's interesting.
• 4:58
  Speaker 4: Because nineteen keys have posted it, and he was saying,
• 5:01
  Speaker 4: how you know cryptocurrency. You know the fall of the
• 5:05
  Speaker 4: dollar and all of that stuff, and cryptocurrency is the
• 5:07
  Speaker 4: only the wave and this is something that you know
• 5:11
  Speaker 4: moving forward, you can't stop it, and you know the
• 5:13
  Speaker 4: whole thing behind that. So it's interesting that you said
• 5:16
  Speaker 4: that you're funding terrorism because on the flip side, it's
• 5:19
  Speaker 4: like this is this is the only thing that saved
• 5:21
  Speaker 4: my life.
• 5:21
  Speaker 6: Even drug dealers in the hood gave out turkeys.
• 5:24
  Speaker 2: And so if.
• 5:29
  Speaker 6: Do you think a man's smartest potent would invade emotionally
• 5:32
  Speaker 6: when people in KGB or Russia not that emotional, but
• 5:35
  Speaker 6: it looks emotional.
• 5:37
  Speaker 2: I don't think it's the main benefit.
• 5:38
  Speaker 6: But if you can get control of the monetary system
• 5:40
  Speaker 6: through crypto, and now this becomes a way to say, hey,
• 5:44
  Speaker 6: you will have free access to your money and support
• 5:48
  Speaker 6: that will be a good initiative that he can then
• 5:49
  Speaker 6: push if they then own a majority stake in crypto. Yeah,
• 5:53
  Speaker 6: like the major assets that we investing cannot be non American,
• 5:57
  Speaker 6: you're then funding.
• 6:00
  Speaker 3: This episode is brought to you by P and C Bank.
• 6:02
  Speaker 3: A lot of people think podcasts about work are boring,
• 6:05
  Speaker 3: and sure they definitely can be, but understanding of professionals
• 6:09
  Speaker 3: routine shows us how they achieve their success little by little,
• 6:13
  Speaker 3: day after day. It's like banking with P and C Bank.
• 6:17
  Speaker 3: It might seem boring to save, plan and make calculated
• 6:20
  Speaker 3: decisions with your bank, but keeping your money boring is
• 6:23
  Speaker 3: what helps you live or more happily fulfilled life. P
• 6:26
  Speaker 3: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly
• 6:31
  Speaker 3: Boring since eighteen sixty five is a service mark of
• 6:34
  Speaker 3: the PNC Financial Service Group, Inc. P and C Bank
• 6:38
  Speaker 3: National Association Member FDIC Ernest What's up? You ever walk
• 6:44
  Speaker 3: into a small business and everything just works like the
• 6:47
  Speaker 3: checkout is fast, the receipts are digital, tipping is a breeze,
• 6:52
  Speaker 3: and you're out the door before the line even builds
• 6:54
  Speaker 3: odds are they're using Square. We love supporting businesses that
• 6:59
  Speaker 3: run on Square because it just feel seamless. Whether it's
• 7:01
  Speaker 3: a local coffee shop, a vendor at a pop up market,
• 7:04
  Speaker 3: or even one of our merch partners, Square makes it
• 7:07
  Speaker 3: easy for them to take payments, manage inventory, and run
• 7:11
  Speaker 3: their business with confidence, all from one simple system. If
• 7:15
  Speaker 3: you're a business owner or even just thinking about launching
• 7:18
  Speaker 3: something soon, Square is hands down one of the best
• 7:21
  Speaker 3: tools out there to help you start, run and grow.
• 7:24
  Speaker 3: It's not just about payments, it's about giving you time
• 7:27
  Speaker 3: back so you can focus on what matters most ready.
• 7:30
  Speaker 3: To see how Square can transform your business, visit Square
• 7:34
  Speaker 3: dot com backslash go backslash eyl to learn more that
• 7:38
  Speaker 3: Square dot com backslash, go backslash eyl. Don't wait, don't hesitate.
• 7:44
  Speaker 3: Let's Square handle the back end so you can keep
• 7:46
  Speaker 3: pushing your vision forward.
• 7:50
  Speaker 7: An illegal alien from Guatemala charged with raping a child
• 7:54
  Speaker 7: in Massachusetts. An MS thirteen gang member from El Salvador
• 7:58
  Speaker 7: accused of murdering a Texas. Man of Venezuelan charged with
• 8:02
  Speaker 7: filming and selling child pornography in Michigan. These are just
• 8:06
  Speaker 7: some of the heinous migrant criminals caught because of President
• 8:10
  Speaker 7: Donald J. Trump's leadership. I'm Christy Noman, the United States
• 8:13
  Speaker 7: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 8:18
  Speaker 7: crossings are at the lowest levels ever recorded, and over
• 8:22
  Speaker 7: one hundred thousand illegal aliens have been arrested. If you
• 8:25
  Speaker 7: are here illegally, your next you will be fine nearly
• 8:29
  Speaker 7: one thousand dollars a day. Imprisoned and deported, you will
• 8:33
  Speaker 7: never return. But if you register using our CBP home
• 8:37
  Speaker 7: app and leave now, you could be allowed to return legally.
• 8:40
  Speaker 7: Do what's right. Leave now. Under President Trump, America's laws,
• 8:45
  Speaker 7: border and families will be protected.
• 8:48
  Speaker 6: Sponsored by the United States Department of Homeland Security, your
• 8:51
  Speaker 6: competition at that point.
• 8:53
  Speaker 3: It was interesting when we were studying crypto, like twenty sixteen,
• 8:57
  Speaker 3: twenty seventeen, and I just pulled up the privacy coin
• 9:00
  Speaker 3: and I remember Minaro, yeah, yeah, and the knocka Man
• 9:02
  Speaker 3: arrow was like it was funded the Taliban, and it
• 9:05
  Speaker 3: was fun in like all these type of milicias throughout
• 9:07
  Speaker 3: the world, and nobody knew about it because it was
• 9:09
  Speaker 3: untraceable because it was a quote unquote privacy coin. And
• 9:12
  Speaker 3: so now they heard that these actual cryptos like bitcoin
• 9:16
  Speaker 3: actually helping fund a war on on the other side
• 9:20
  Speaker 3: that is defending themselves. It's like this is pretty interesting,
• 9:23
  Speaker 3: like stuff like that's funny how these things go in circles.
• 9:25
  Speaker 6: And I ask you guys a question, But you personally
• 9:28
  Speaker 6: fund a non eyl podcast monthly, No, then why as
• 9:34
  Speaker 6: Americans will be fund a non American coin, a non
• 9:37
  Speaker 6: American company.
• 9:38
  Speaker 4: Well, the play Devil's advocate if you can say funding
• 9:45
  Speaker 4: American companies can be detrimental. Also, like you could say
• 9:48
  Speaker 4: you could be funding detrimental things that's happening in the
• 9:51
  Speaker 4: world by supporting the American dollar or supporting this X,
• 9:55
  Speaker 4: Y and Z company in the stock exchange, like you
• 9:57
  Speaker 4: know that's true.
• 9:58
  Speaker 2: In prison systems and stuff like that.
• 10:00
  Speaker 4: Yeah, not like every country has a clean slate or
• 10:05
  Speaker 4: every congry.
• 10:07
  Speaker 2: Or even every company.
• 10:09
  Speaker 6: There's no clean company post two billion dollars, right, but
• 10:14
  Speaker 6: that's the number.
• 10:15
  Speaker 2: Yeah post too. I didn't get the two everything. Yeah
• 10:18
  Speaker 2: they did sound filthy like you.
• 10:20
  Speaker 6: Guys, But I think there's been a propaganda push to
• 10:25
  Speaker 6: fund a lot of these companies that have non American founders.
• 10:30
  Speaker 6: For an Arterior reader and other We've seen it here.
• 10:32
  Speaker 6: Other countries. Oh a lot more strategic than we are.
• 10:37
  Speaker 6: Literacy is a lot higher, Like I was selling all
• 10:39
  Speaker 6: the black birds here, Like, you guys are way more
• 10:41
  Speaker 6: intelligence than most people have come acrossrom the States.
• 10:43
  Speaker 2: So you guys are brilliant.
• 10:45
  Speaker 6: So if they're thinking five ten to fifteen year horizon
• 10:48
  Speaker 6: and Putin has wanted this revenge for fifteen years, this
• 10:50
  Speaker 6: is new. You don't wake up two weeks ago black
• 10:52
  Speaker 6: out now about war, right, we have to be very
• 10:55
  Speaker 6: careful that things will be fund.
• 10:57
  Speaker 4: Speaking of geopolitical things, you said something before where you said, like,
• 11:02
  Speaker 4: ou as stock guys, we watch company earnings and you
• 11:05
  Speaker 4: was like you you watched the news for like news report,
• 11:08
  Speaker 4: Like that's kind of like the company earnings is like
• 11:11
  Speaker 4: what's happening on?
• 11:12
  Speaker 2: Like can you talk about that?
• 11:13
  Speaker 5: Yeah, So our economic indicators that we primarily look at,
• 11:15
  Speaker 5: we look at GDP, consumer pricing, producer pricing. It's all
• 11:19
  Speaker 5: pretty much like the same things that you guys look at,
• 11:21
  Speaker 5: but we live.
• 11:23
  Speaker 2: Yeah, yeah, we have time because we trade those in
• 11:30
  Speaker 2: the bomb market.
• 11:31
  Speaker 6: And I'm trying to type, so Mike comes us up
• 11:35
  Speaker 6: the major.
• 11:36
  Speaker 5: Okay, okay, So so our four major economic indicators we
• 11:41
  Speaker 5: look at gross domestic product. Yes, all right, we look
• 11:45
  Speaker 5: at consumer pricing debts and producer price in debts, So
• 11:48
  Speaker 5: how much our consumer spending, how much our producer is producing?
• 11:51
  Speaker 5: Pretty much?
• 11:52
  Speaker 2: Right.
• 11:52
  Speaker 5: We look at an arm farm payroll. That's a big one.
• 11:54
  Speaker 5: It comes out on the first Friday of every single month,
• 11:58
  Speaker 5: and it gives us a big, big, big understanding on
• 12:01
  Speaker 5: unemployment and employment. How many jobs were added to the market.
• 12:05
  Speaker 5: But that's how we make most of my money. So
• 12:06
  Speaker 5: when we look at like, we look at everything from
• 12:08
  Speaker 5: a macroeconomic level when it happens in different economies. Now,
• 12:12
  Speaker 5: nonfarm payroll is only a US based economic indicator, but
• 12:15
  Speaker 5: we do look at GDP of like let's say Great Britain,
• 12:19
  Speaker 5: I trade GBP USD, which is Great British found versus
• 12:23
  Speaker 5: US dollar, Great British found versus Japanese YM, which is GBPJPY.
• 12:27
  Speaker 5: I trade them the most. And then I also trade
• 12:29
  Speaker 5: at SAUUSD, which is that goal that we were just
• 12:32
  Speaker 5: talking about. Those are the main ones that I look at. Now,
• 12:34
  Speaker 5: you know how you guys tell people, okay, don't look
• 12:37
  Speaker 5: at every single company, only pick a few. That's how
• 12:40
  Speaker 5: it is with us. And for an exchange market. You
• 12:42
  Speaker 5: don't look at every single economy, right, it's a lot
• 12:45
  Speaker 5: to look at, you know what I'm saying, especially when
• 12:47
  Speaker 5: you're appearing to economies against one another. Okay, so we're
• 12:51
  Speaker 5: looking at different economies. But I only trade GJ for
• 12:54
  Speaker 5: the most part, gu and gold. So I'm always studying
• 12:57
  Speaker 5: the Japanese and economy always great, Britain economy out always
• 13:00
  Speaker 5: the heroes.
• 13:01
  Speaker 2: Fewer is better.
• 13:02
  Speaker 6: So when I tell you, guys, trade the S and
• 13:03
  Speaker 6: P five hundred fine market good on the future side.
• 13:07
  Speaker 6: Six B is a British pal once again, six J
• 13:09
  Speaker 6: is a Japanese inn. So if you pair them together,
• 13:12
  Speaker 6: we'll be fine. But the fewer things you trade, the
• 13:14
  Speaker 6: more you can master.
• 13:15
  Speaker 5: Because there's so much money to be made on an
• 13:18
  Speaker 5: everyday basis, and each of them you don't have to trade. Well,
• 13:21
  Speaker 5: I mean you guys companies, you don't have to look
• 13:23
  Speaker 5: at every single company to make money. Me I can
• 13:26
  Speaker 5: make so much money just from like this, Like I said,
• 13:28
  Speaker 5: two three trades a week.
• 13:31
  Speaker 8: My graduates from my school being force back drop drop Mike,
• 13:38
  Speaker 8: drop backdrop.
• 13:39
  Speaker 9: Drop coach, the energy out there felt different. What changed
• 13:53
  Speaker 9: for the team today?
• 13:54
  Speaker 8: It was the new game day scratches from the California
• 13:56
  Speaker 8: Lottery players everything those games sent the team's energy through.
• 14:00
  Speaker 9: Are you saying it was the off field play that
• 14:02
  Speaker 9: made the difference on the field.
• 14:03
  Speaker 8: Hey, little play makes your day, and today it made
• 14:06
  Speaker 8: the game. That's AWFU now, Coach.
• 14:08
  Speaker 9: One more question played the new Los Angeles Chargers, San
• 14:11
  Speaker 9: Francisco forty nine Ers and Los Angeles Rams scratchers from
• 14:14
  Speaker 9: the California Lottery. A little play can make your day.
• 14:17
  Speaker 9: Peace play responsibly.
• 14:18
  Speaker 7: Must be eighteen years or older to purchase play or
• 14:20
  Speaker 7: claim