Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🛑 THIS will Create HIGHER Cryptocurrency Prices
Transcript
- 0:38Hey guys, welcome to the live stream.
- 0:40Welcome to the basement. We've got some incredible things
- 0:42to look at this morning that are going on right now in our
- 0:45community. There's a lot of people say they
- 0:48come to UFD because maybe they see a live stream, they hear
- 0:51about me, but the reason they stay is because of you.
- 0:55So let's get started by taking a look at some incredible new
- 1:00video footage that came out just yesterday from our friend the
- 1:05Dark Duster. And let me play this for you.
- 1:11Really, really cool stuff guys. This is footage of the new promo
- 1:16car, the Duster, and here we go check this out.
- 1:28Unbelievable. Yes, Sir.
- 1:38There you go. Now you can see the full screen.
- 1:41I just watched that again Look at it.
- 1:44I'm down, baby. Wow, unbelievable.
- 1:48This is what the community can a communist.
- 2:01All right, guys, but it's just not that because the community
- 2:04is doing incredible things on many different levels.
- 2:06Have you seen this? It just feels like it never
- 2:09ends. I ran into this one last night
- 2:12that I had yet to see. We've got our own comic series
- 2:16going on right now from our friend Asta Way Asta Yami 26226
- 2:24really cool, right? I mean check this out.
- 2:26There's like a whole series of comics that they're putting
- 2:29together. What's he say?
- 2:31I'll just read the first one. I've said it from the start.
- 2:33Unicorn fart dust isn't a joke. It's the future.
- 2:37And look at the fox Seriously, a crypto called Unicorn fart dust.
- 2:41You must be kidding me. Anyhow, I mean the the guy he's
- 2:46put out a whole series. This one's great as well.
- 2:48I encourage you to check it out. Again, this is from ASTA YAMI
- 2:5426226. So great job.
- 2:56But it's not just that. I mean, what else is the
- 2:59community up to? And I can't even say it all.
- 3:01There's so much going on, but we've got this ad campaign that
- 3:05P kind of spearheaded at Crunch Fitness where we're going to
- 3:09have like video displays, as I understand it, on treadmills,
- 3:15different machines where people are going to be seeing UFD ads.
- 3:19Those will be new butter cups, new people getting the word out.
- 3:22Think about the promo car, think about Crunch Fitness, think
- 3:26about the the comic series going on.
- 3:30And there's a sticker campaign. And again, I'm just touching on
- 3:33the surface. So if I didn't mention your
- 3:35individual campaign that you have going, please don't be
- 3:38offended. You will get your day.
- 3:40But we've got a sticker campaign, really cool stickers
- 3:43being made so that we can paste around cities, around the
- 3:47universe, around the world, right?
- 3:50The good news about UFD, and we got to look at this as well.
- 3:55DJ Litmus has been putting out this Kryptonia series, which is
- 4:01kind of lore surrounding a lot of people in our community.
- 4:06There's me, but that's not the important one.
- 4:09The enchanted realm of Kryptonia.
- 4:11There was a wise and skeptical magician.
- 4:15OK, Yeah. I've been called worse.
- 4:18There's Ryan Waller, and I forgot to add it.
- 4:22Sorry. Now you see it.
- 4:23Thank you, Susie. Thank you.
- 4:25Thank you, sweetheart. I appreciate it.
- 4:28Yep, there's Ryan Waller. Sorry, guys, I forgot to show
- 4:31the appropriate screen. There's the Kryptonia with me.
- 4:36This is again, DJ Litmus. If we go down here a little
- 4:40further, there's one for Obi Wanton, The tale of Obi Wanton,
- 4:44the sage of Kryptonia. So everywhere we look, we've got
- 4:48people doing things that are furthering the reach of UFD.
- 4:54And again, right, whether it's me that gets new people in the
- 4:58door or it's you doing something, converting one of
- 5:01those butter cups, and you know what a buttercup is?
- 5:04That's someone who doesn't yet own UFD, right?
- 5:07Cryptocurrency, UFD, beans, the coin, whether it's you, whether
- 5:12it's me, right? Whoever gets people into the
- 5:16door, they stay. And they stay because of one
- 5:19thing. That's because of you.
- 5:21That's because of the community. Let's go take a look.
- 5:24I found something very we're going to shift gears here for a
- 5:27second and go look at the main economy.
- 5:29Real interesting article came out yesterday on Yahoo Finance
- 5:34about Trump's first 100 days in office.
- 5:38And here we go. We've got that up.
- 5:41This is a chart put together by Yahoo Finance showing the 1st
- 5:45100 days of Trump. I think this runs through April
- 5:4930th. Crude oil down 25%.
- 5:52The MAGS ETF, that's probably the magnificent 7 Facebook,
- 5:57Apple, Amazon, the big seven, NVIDIA, the big seven tech
- 6:01stocks down significantly. What, 17 percent, 10 year yield,
- 6:07total return down 10%, Bitcoin down 10%, Dollar index down 9%,
- 6:13S&P 500 down 7%. But gold, right?
- 6:17Gold, the original form of defy, it's been valuable everywhere
- 6:22for all times is up by 20%. Very, very interesting situation
- 6:28we're going into and and in a minute here, we're going to talk
- 6:31about what's happening in the economy stagflation right now
- 6:36and why that will be what I believe to be like the most
- 6:40fertile environment for crypto prices, also for precious metals
- 6:46prices. And I think they both will do
- 6:48very well because they are both decentralized finance products
- 6:52that are outside of the main Fiat money system.
- 6:56OK guys. And by the way, before I forget
- 6:58my disclaimer, I'm not a financial advisor.
- 7:01Don't buy or sell anything, make any financial decisions based on
- 7:04anything that I'm saying Today. I want to say thank you to
- 7:07channel sponsor Ledger, right the the cold hardware wallet,
- 7:13cold storage crypto security leader.
- 7:16Thank you, Ledger. Thanks for everything you're
- 7:18doing to support the entire crypto community, allowing
- 7:22people to safely store their cryptocurrency.
- 7:24And we got some big news this week out of channel sponsor Moon
- 7:30Pay. They announced that you can now
- 7:33buy digital tokenized gold on the Moon Pay platform.
- 7:38Yes, Moon Pay, right? Trusted by 30 million people 180
- 7:42countries the on ramp into crypto, but now the big news is
- 7:47you can buy tokenized gold on the moon pay platform.
- 7:52The product is from tether, the company that's behind the big
- 7:55stable coin USD T. The product that allows you to
- 7:59buy tokenized gold that's from Tether is XAUT.
- 8:04And what it does is it really combines the benefits of owning
- 8:08physical gold with the benefits of tokenization, the benefits of
- 8:13crypto, the benefits of the blockchain.
- 8:15I want to run out and show you the website for XAUT.
- 8:20It's a great website with a lot of wonderful information
- 8:25educational about crypto educational about stable coins
- 8:28and of course educational about gold as well.
- 8:32Here it is gold made easy Tether gold now remember this is
- 8:36tether. This is the company again that's
- 8:38behind usdt and another key attribute to this product is it
- 8:44is backed by real gold. Each 1X AUT token is backed by 1
- 8:51ounce of gold in a vault in Switzerland, and this is LBMA
- 8:56good for delivery gold. So this when you own one token
- 9:00of XAUT, you own one ounce of physical gold.
- 9:05But owning physical gold can be cumbersome.
- 9:08All right, Gold's a great investment and it's been hitting
- 9:12record highs lately. But there's some drawbacks to
- 9:15owning physical gold in in the digital opportunity.
- 9:20The tokenized opportunity that you have with XAUT addresses a
- 9:25lot of those. Let's just go down and I'll read
- 9:27through a list because this is important to think about.
- 9:31OK? Number one, it's easy to
- 9:33transport. Look, if you have 100 ounces of
- 9:36gold and you want to move it somewhere in the world or you
- 9:39want to take it somewhere with you, it's very cumbersome, it's
- 9:42very difficult, and it's very dangerous, right?
- 9:46Digital gold, tokenized gold solves that problem because the
- 9:50actual gold is in a vault, again, in Switzerland.
- 9:54Easy divisibility. OK, look at this.
- 9:57You can divide the XAU to XA XAUT token down to 6 decimal
- 10:05point points .000001. Okay, really difficult to do
- 10:12that with physical gold. Okay, 24/7 trading with ease.
- 10:17You don't have to wait for a coin shop to open.
- 10:18You don't have to wait for the big electronic gold exchanges to
- 10:21open. With this, with tokenized gold
- 10:24from Tether, you can trade 24/7, 365 days a year.
- 10:29It's redeemable for physical gold, right?
- 10:33It's easy storage. You don't have to worry about
- 10:36where you're going to store your gold.
- 10:39If you have a lot of precious metals, it can be kind of a
- 10:43challenge to figure out where am I going to store these?
- 10:45Am I going to keep them in a safe in my house?
- 10:47Am I going to put them in a bank safety deposit box?
- 10:50With this, you know that your gold is stored in Switzerland.
- 10:55So I think it's a great product, a great opportunity.
- 10:57Something you might want to take a look at.
- 11:00You can go out to the website, but what's even best about it is
- 11:03that you can get to it now from Moon Pay.
- 11:07You can buy this directly on the moon Pay platform and you know,
- 11:11right, 30 million people, 30 million plus people have trusted
- 11:15Moon Pay is the on ramp into crypto.
- 11:18They're in 180 countries. Check it out.
- 11:21I think you'll think you'll be interested in what you see when
- 11:24you look at the XAUT from our friends at tether.
- 11:29All right, guys, let's move on and talk about what's going on
- 11:32in this economy, which again I said I believe is going to be
- 11:36huge, huge for the crypto market in the coming 5 to 10 years,
- 11:40also huge for the precious metals.
- 11:42But what we are moving into right now, get ready.
- 11:46I'm sorry you're going to hear a word for the next number of
- 11:49years that that that you're going to hear over and over when
- 11:53it comes to the economy. And that is stagflation and we
- 11:57are definitely in a stagflationary environment right
- 12:01now. Now look, I sat down here.
- 12:03Let me come back and look at you.
- 12:05For those of you who have followed me for years, I I sat
- 12:07down here for the last two years and banged the table and said we
- 12:10are heading to stagflation. That will be a great environment
- 12:15for assets that are outside of the Fiat money system.
- 12:19To repeat myself, that would be things like crypto, that would
- 12:22be things like gold and silver. The last time we went into a
- 12:25stagflationary environment was the 1970s.
- 12:28There was no crypto, obviously, in the 1970s, but there was gold
- 12:33and silver, and it had the best returns of anything
- 12:37unbelievable. Like, I think silver went up 50
- 12:40times, gold went up, I don't know, 1727 times in value.
- 12:45Now, I put crypto in that same basket.
- 12:49And I think we're heading into a very, very profitable and
- 12:52lucrative period, right? Because the Fed doesn't know
- 12:55what to do. But now even mainstream media is
- 12:59picking up on this stagflation thing.
- 13:01Let's go take a look at an article.
- 13:05Uh oh, hold on here. I'm having a little technical
- 13:10problem. I'll be right back.
- 13:13OK, here we go. Let's make sure we're all set.
- 13:19Hopefully you guys can still see me.
- 13:20And hear me, there's President Donald Trump.
- 13:23OK, this is from, again, from Yahoo Finance.
- 13:27Shrinking GDP. So yesterday we got news that
- 13:31the economy actually shrunk during the first quarter of
- 13:352025, right by like what, .3%? The expectations were that the
- 13:41economy would grow. So now, now mainstream media
- 13:45finally, after us talking about it for two years, is saying
- 13:48shrinking GDP and elevated inflation puts the Fed in a very
- 13:53tough spot. Let me explain to you why that
- 13:56is. That's a very critical thing to
- 13:58understand and it's not that difficult.
- 14:01The feds in a difficult spot because when the economy is
- 14:04shrinking, what typically needs to be done with monetary policy
- 14:10and what the Fed does is referred to as monetary policy.
- 14:15What the government does is fiscal policy with the Fed,
- 14:18right? This guy does your old friend
- 14:21who likes to print money, Jerome Powell.
- 14:23What he does is referred to as monetary policy.
- 14:28So when the economy is shrinking, what what the the
- 14:31usual course of action is the lower interest rates that
- 14:35stimulates the economy and makes money cheaper devalues the
- 14:39dollar. The problem is, OK, if they do
- 14:44that now, right, cutting interest rates also fuels
- 14:49inflation. So typically what happens is
- 14:51when the economy slows down, inflation starts to come down so
- 14:56they're able to lower rates and they offset each other.
- 14:58But now we're in this environment where he.
- 15:01That's why I put I put him in a box OK, I, you know, you check
- 15:05me Nick two, 2 1/2 years ago I predicted this right.
- 15:09There's the recession that we talked about, the ADP number
- 15:13that was down. OK, there's inflation.
- 15:17He is literally in a box, guys. This is no joke, right?
- 15:21Because now if he cuts rates to deal with the recession, that's
- 15:25going to make inflation get worse than it already is.
- 15:29And we already had inflation that was higher than normal.
- 15:34Now we've got the tariff inflation.
- 15:36So then if they try to cut rates even more, we can have massive,
- 15:41excuse me, inflation. And when they do, when that
- 15:44inflation hits, what they have to do is raise interest rates.
- 15:49That's how you fight inflation. Well, that makes this worse, the
- 15:53recession. So it's just like they bounce
- 15:55back and forth, bounce back and forth.
- 15:58And the end result, right, is that people start to lose
- 16:01confidence in the system like what happened in the 70s.
- 16:05And we'll move towards assets that are outside of the Fiat
- 16:09based money system, assets like crypto, assets like gold and
- 16:15silver. So be prepared.
- 16:16It's coming, you know, it's coming to the country.
- 16:19I think we're in for a wonderful, great time in the
- 16:21crypto world. Let's go back, focus back on UFD
- 16:24for a minute and what the community is doing.
- 16:29We're going to check on Emma Baer.
- 16:32And Emma tells us our social dominance update.
- 16:35Guys, we moved back up to #14 from 16 yesterday.
- 16:41OK? So keep up the good work, right?
- 16:43I mean, of course. And she points out we're the
- 16:45only meme coin sponsored by Moon Pay and Ledger.
- 16:49We're ahead of so many coins that have such higher market
- 16:53caps. We remain, right?
- 16:55We just totally remain probably the best value proposition in
- 17:01the meme coin sector and the deepest, most rooted community
- 17:07by far bar none. All right, let's go take a look
- 17:10at this right. What's our native token doing
- 17:13breaking Solana hits 3 billion and 24 hour decks volume 108%
- 17:20more than Ethereum. So Solana, right, which is our,
- 17:24our grandfather continues to impress, continues to do a great
- 17:28job. Now let's do the duster of the
- 17:30day. Today we've got a very special
- 17:33duster of the day, our friend UFD Corral.
- 17:36He is working tirelessly on the UFD mission and he wrote a
- 17:41really nice note that I'm going to share with you guys right
- 17:45now. He says thank you, Ron, hold on
- 17:49one second. I'm a quick sip of coffee.
- 17:57Thank you Ron, When I got noticed that I've been nominated
- 18:00for Duster of the Day, I was super excited.
- 18:03I'm going to include a note so that members can understand why
- 18:05this means so much to me. Feel free to edit this down as
- 18:11you see fit. On July 4th, 2001, I was sitting
- 18:14in a hotel room waiting to go sign my contract to be an
- 18:17enlisted aviator in the Air Force when I enlisted. 14 months
- 18:22of the most intense, difficult mental, physical training I've
- 18:24ever experienced. 90% was the minimum acceptable passing
- 18:29grade. Anything less than 85 was an
- 18:31immediate washout. I missed distinguished graduate
- 18:34by point O 2% got my wings and went overseas.
- 18:38It all started going sideways almost immediately.
- 18:40In late 2005 I got an honorable discharge and left the Air Force
- 18:46for the next 12 years. Everything they could go wrong
- 18:49went wrong, including am I sharing this?
- 18:52No, I am not, am I? Yes, I am.
- 18:55Sorry guys, I thought maybe I wasn't sharing the screen with
- 18:57you, including things you would not wish on your worst enemies.
- 19:07I lost my wife and kids, my family.
- 19:10I was homeless, penniless, possession less three different
- 19:13times, and finally, in 2017, I washed up in one of the biggest
- 19:17cities in America and one of its worst ghettos.
- 19:19I decided I deserved better. This is important for people
- 19:23going through similar situations.
- 19:24I decided that if I'm playing a game of life where I'm destined
- 19:28to fail, then I need to use my skills, my resources, anything
- 19:32to legally change the rules of the game I'm playing to a game
- 19:35of life that I can win and succeed at.
- 19:38I eliminated anything or anyone that was not pursuing positive
- 19:41things for themselves or their situations.
- 19:44And after three years, I was able to retire to a nice house
- 19:48in a nice neighborhood in a nice part of town.
- 19:50And for the last five years years, I've done basically
- 19:52nothing. For about 10 years, I decided
- 19:55humanity didn't want me and I didn't want it, and I was happy
- 19:58with the situation. On December 17th I got a
- 20:02notification on my phone and discovered Unicorn fart dust.
- 20:06The hair in my arms stood on end.
- 20:08This, I knew instantly, would be huge.
- 20:10And as the months have gone by, I've been more convinced that I
- 20:14was right. Ron, you're showing up every
- 20:16day, good and bad, and the values you display have
- 20:19convinced me that UF DS potential is limitless.
- 20:22It's what convinced me to come out of the shadows and take a
- 20:25chance to create some art and images that speak to me and
- 20:31share them with the herd. I've had more positive
- 20:34interactions with people in UFD in four months than I had in 10
- 20:38years outside of UFD. Wow, that is huge.
- 20:41I hope my merch brings people joy and sparks conversation in
- 20:44real life. But more importantly, I hope
- 20:46that person out there struggling, that doesn't know
- 20:50what tragedy awaits them tomorrow and what they're going
- 20:53to do about it, get some hope from this message.
- 20:56Believe in yourself, believe in your abilities.
- 20:59Don't look at the mountain. Focus on the next Ridge and the
- 21:02next shelf and the next hand hold.
- 21:04Before you know it, you can plant your flag on top of the
- 21:07mountain, celebrating the rest of your life.
- 21:10Sincerely, UFD Corral, well, UFD Corral, thank you for writing
- 21:16that right. A very inspirational message to
- 21:18all of our dusters out there in the community.
- 21:21You are the duster of the day. So everybody join me and we are
- 21:25going to install the Golden Horn.
- 21:29Thanks UFD Corral. Hey guys, thank you for being
- 21:32here. Thanks for joining me in the
- 21:34basement. You are the most important part
- 21:36of the basement. Don't forget guys, we're the
- 21:39meme coin. We are the cryptocurrency with
- 21:42the most unique origin story of all, right, I'm the boomer
- 21:47developer who had no interest in crypto, didn't like crypto, did.
- 21:51It is a little experiment just to show the precious metals
- 21:55community how easy it is to create a crypto.
- 21:59And from there you created this unbelievable movement, which is
- 22:03UFD. We are the community coin that
- 22:07makes us way, way different, right?
- 22:10Everything that happens here happens because of you.
- 22:13You're important, OK, Make sure you're good to yourself today.
- 22:16Don't forget we got to do the three second smile when I say
- 22:19go. It's easy to smile.
- 22:25It's easy to pass it on. Thanks for everything and I'll
- 22:28see you guys tomorrow. Have a great day.
- 22:30Bye bye.