Latest / The Paul Barron Crypto Show / Ceasefire Countdown?🔥Crypto Market Update

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Ceasefire Countdown?🔥Crypto Market Update · The Paul Barron Crypto Show

• 0:00
  Speaker 1: The ceasefire count down. Everybody is watching and waiting. Is
• 0:03
  Speaker 1: this going to take longer or shorter? And how is
• 0:06
  Speaker 1: this affecting the markets today. We'll break it down for you.
• 0:09
  Speaker 1: Let's get into it. I do want to thank our sponsor,
• 0:11
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• 0:14
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• 0:17
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• 0:19
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• 0:21
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• 0:24
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• 0:27
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• 0:30
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• 0:33
  Speaker 1: make inside the account, So check it out. I want
• 0:35
  Speaker 1: to lead off today's show with a clip from Fox
• 0:39
  Speaker 1: and this is some new developments that are starting to
• 0:43
  Speaker 1: hurt the market and we will most likely see more
• 0:47
  Speaker 1: pain coming. Take a look.
• 0:49
  Speaker 2: There are new developments in the war and they are
• 0:51
  Speaker 2: hurting the market. Three ships attacked in the Gulf, two
• 0:55
  Speaker 2: of them tankers set of Blaze Energy. Secondary Right was
• 0:59
  Speaker 2: asked if the straits of Hormus could be opened by
• 1:01
  Speaker 2: the end of this month. He said he was hopeful.
• 1:04
  Speaker 2: Goldman Sachs says if the closer stretch into April, oil
• 1:08
  Speaker 2: could get close to one hundred and fifty dollars a barrow.
• 1:11
  Speaker 2: The Iranians have threatened to attack any banks in the
• 1:14
  Speaker 2: Gulf States which do business with Israel or America. Goldman
• 1:17
  Speaker 2: Sachs has told some workers in the area work from home.
• 1:21
  Speaker 2: And here's the impact on the markets. First of all,
• 1:23
  Speaker 2: oil it hit one hundred dollars a barrow before backing off,
• 1:27
  Speaker 2: but it's still well above ninety dollars a barrel, ninety
• 1:29
  Speaker 2: two to ninety three right now. That's top six percent.
• 1:32
  Speaker 2: Gas going up some more. The average for regular is
• 1:35
  Speaker 2: now three point fifty nine, getting close to three p sixty.
• 1:40
  Speaker 1: All right, So there you have the biggest issues. I
• 1:42
  Speaker 1: think here are what we're seeing inside the GCC. And
• 1:46
  Speaker 1: you look at that the banks in the Golf now
• 1:48
  Speaker 1: are evacuating just like you said, their offices. This will
• 1:52
  Speaker 1: most likely start to roll over into other businesses. So
• 1:56
  Speaker 1: when you look at the market and the economy within
• 1:59
  Speaker 1: the GCC, remember you've got to buy in their Katar
• 2:02
  Speaker 1: and many allies that are lined up within there, including
• 2:05
  Speaker 1: Saudi Arabia, all of which are now attack zones for
• 2:09
  Speaker 1: American and israel interest. This of course continues to put
• 2:12
  Speaker 1: more escalation into the market, and also it does affect
• 2:16
  Speaker 1: some of the key things that start to move throughout
• 2:18
  Speaker 1: the Gulf States. And his statement is still around three
• 2:22
  Speaker 1: to four weeks and if you look at the bottom,
• 2:24
  Speaker 1: when you look at this, we don't want to leave
• 2:26
  Speaker 1: too early. We've got to finish the job. And of
• 2:29
  Speaker 1: course right now the stocks are continuing to fall. I
• 2:32
  Speaker 1: think the key here will be how the market's energy
• 2:35
  Speaker 1: starts to impact and then some of the other things
• 2:38
  Speaker 1: that could be starting to get affected here, which I'll
• 2:41
  Speaker 1: cover in a second, because there are some other things
• 2:43
  Speaker 1: that we're not being affected, but now they are and
• 2:47
  Speaker 1: it causes effects on the market that in most cases
• 2:50
  Speaker 1: are going to hit inflation, they're going to hit market price,
• 2:53
  Speaker 1: and we're also going to see this in the stocks
• 2:55
  Speaker 1: and bonds area as well as crypto. So there's a
• 2:58
  Speaker 1: lot kind of boil up right now. As you look
• 3:01
  Speaker 1: at the US and IRN ceasefire potential, it is moved
• 3:05
  Speaker 1: heavily into June, with sixty one percent there on polymarket
• 3:09
  Speaker 1: volume holding fairly well on those top two. And this
• 3:13
  Speaker 1: isn't when I say volume holding fairly well, meeting. These
• 3:16
  Speaker 1: are the two potential dates that we could see an
• 3:20
  Speaker 1: end to all of this right now, pushing into May
• 3:23
  Speaker 1: for sure. So let me know in the comments down below,
• 3:25
  Speaker 1: do you think this goes all the way into May
• 3:27
  Speaker 1: or June? What month do you think this would start
• 3:30
  Speaker 1: to end? And how this maybe goes into a retracement
• 3:34
  Speaker 1: in the markets and or recovery, because right now we
• 3:37
  Speaker 1: are looking at some problems. One of the things that
• 3:40
  Speaker 1: is a problem is the price of oil another ten
• 3:43
  Speaker 1: percent up on the day, rising to almost one hundred
• 3:45
  Speaker 1: bucks a barrel. Likelihood is we will see one hundred
• 3:47
  Speaker 1: dollars a barrel pricing in a very short period of time.
• 3:51
  Speaker 1: This also puts more pressure, I think on Trump because
• 3:54
  Speaker 1: this affects everyday Americans probably the most other than groceries.
• 4:00
  Speaker 1: How we may be seeing that as well. I want
• 4:01
  Speaker 1: to go to a clip real quick because this will
• 4:03
  Speaker 1: get into Trump's thinking of where we are right now.
• 4:07
  Speaker 1: Take a look that around.
• 4:09
  Speaker 3: We're doing a great job. There's never been a better
• 4:12
  Speaker 3: year for a president. I mean, I've been rated. There
• 4:15
  Speaker 3: has never been a better year for a president and
• 4:17
  Speaker 3: first year than what we had. That includes the stoppage
• 4:21
  Speaker 3: of eight wars with a ninth to come, and what
• 4:25
  Speaker 3: we've done, the economy is roaring. It's phenomenal. That's why
• 4:28
  Speaker 3: I'm here. This is an excursion, a little excursion, and
• 4:31
  Speaker 3: I think it's only that. And in that little time,
• 4:34
  Speaker 3: that short period of time, we've taken care of business.
• 4:38
  Speaker 3: We took care of a country that was very dangerous,
• 4:41
  Speaker 3: very bad. Would have had a nuclear weapon if a
• 4:43
  Speaker 3: worn't for me and the bet two bombers and what
• 4:46
  Speaker 3: we did not very long ago, they would have had
• 4:49
  Speaker 3: a nuclear weapon and we would have had levels of
• 4:52
  Speaker 3: problem that nobody has ever seen before.
• 4:55
  Speaker 4: Got a crowd in order, all right.
• 4:57
  Speaker 1: So a couple of things with that clip is I'm
• 4:59
  Speaker 1: wandering if Trump is starting to get bad intel, bad
• 5:03
  Speaker 1: information from all around him. And I'm not talking about
• 5:06
  Speaker 1: just issues within what's going on in the Middle East,
• 5:10
  Speaker 1: but economically, within the polls and what he thinks has
• 5:14
  Speaker 1: been the greatest year ever. I think he is starting
• 5:17
  Speaker 1: to get a whole slew of bad information. It's starting
• 5:22
  Speaker 1: to affect I think many of the judgment calls he's making,
• 5:25
  Speaker 1: and remember Trump operates on judgment calls. That's the way
• 5:27
  Speaker 1: he gets going. If you look at the cost of
• 5:30
  Speaker 1: what it's costing the United States right now, where you
• 5:34
  Speaker 1: are rolling up on eighteen billion, and it is about
• 5:37
  Speaker 1: a billion dollars a day when you look at it.
• 5:39
  Speaker 1: Loss of life is already significant. And of course you've
• 5:43
  Speaker 1: got one of the biggest issues, which I think is
• 5:46
  Speaker 1: the fact that this is having a rolling effect on
• 5:49
  Speaker 1: not only the loss of life, but the loss of
• 5:52
  Speaker 1: Americans' livelihoods. What's going to be affected in terms of
• 5:57
  Speaker 1: their savings, their mutual funds, all their four to one ks, etc.
• 6:00
  Speaker 1: That are going to be hit on this because of
• 6:02
  Speaker 1: the valuation that the market is yet to respond to.
• 6:05
  Speaker 1: And as you can see right here, oil nearly four
• 6:08
  Speaker 1: bucks a gallon, eight troops dead, one hundred forty American
• 6:10
  Speaker 1: troops wounded, American tankers being bumped. This is not looking good.
• 6:14
  Speaker 1: Epstein file still and of course Trump's out there party
• 6:17
  Speaker 1: and with Jake Paul, I just don't get it. I
• 6:19
  Speaker 1: would think that right now we should be focused in
• 6:23
  Speaker 1: on what's happening in the Middle East, figure out a
• 6:26
  Speaker 1: way to dampen the issue here economically in the United States,
• 6:29
  Speaker 1: because this will continue to be a big deal. And
• 6:33
  Speaker 1: Anthony Scarry Mucci kind of hits it right here. Trump
• 6:36
  Speaker 1: now gaslighting about gas price, is saying that higher gas
• 6:39
  Speaker 1: prices are good for America after previously gaslighting about lower
• 6:42
  Speaker 1: gas prices. He has now lost independence and the principled
• 6:46
  Speaker 1: right now that we just have to figure out how
• 6:48
  Speaker 1: to get and weather through more years of this as
• 6:50
  Speaker 1: damage starts to grow. Now, I think that is right.
• 6:53
  Speaker 1: He is starting to lose some of the principled right
• 6:57
  Speaker 1: people that look at this administration and set listen. I
• 7:01
  Speaker 1: voted him in for a certain few things. He has
• 7:05
  Speaker 1: gone way above what we anticipated, and now we have
• 7:09
  Speaker 1: entered in the no more war worst phase, which is
• 7:11
  Speaker 1: what's happening now, and it's getting worse by the day.
• 7:15
  Speaker 1: And of course you've got Iran saying, listen, you should
• 7:17
  Speaker 1: be ready for two hundred dollars a barrel. And if
• 7:20
  Speaker 1: it gets to that point, I can assure you you're
• 7:24
  Speaker 1: gonna look at eight dollar gallon gas. And at that point,
• 7:27
  Speaker 1: the American people are absolutely going to draw the line.
• 7:31
  Speaker 1: And I'm not saying they shouldn't be drawing the line
• 7:33
  Speaker 1: if well, the other thing they would draw the line
• 7:35
  Speaker 1: is if we send in ground trips things of that nature.
• 7:37
  Speaker 1: But I think the other thing is economically, you have
• 7:40
  Speaker 1: to consider all the impacts that are now starting to
• 7:43
  Speaker 1: get hit here in the United States. And of course
• 7:46
  Speaker 1: now the question is is how much is too much
• 7:49
  Speaker 1: to absorb. Take a look at this clip.
• 7:52
  Speaker 4: This level of activity and this level of shipping traffic
• 7:56
  Speaker 4: that we've seen disappear from the straight up hord moves
• 7:58
  Speaker 4: is just too large urge a loss from the market.
• 8:02
  Speaker 4: So that market that was flexing. The longer this goes on,
• 8:05
  Speaker 4: it's going to flex until it actually snaps. And I
• 8:08
  Speaker 4: just again want to put that number in perspective that
• 8:10
  Speaker 4: fifteen to twenty million barrels a day to replace that,
• 8:14
  Speaker 4: that's roughly the same amount of demand we lost at
• 8:17
  Speaker 4: the peak of COVID in twenty twenty in March and April.
• 8:20
  Speaker 4: So the question is that if the and again all
• 8:22
  Speaker 4: of this is predicad, if the strait remains closed and
• 8:25
  Speaker 4: we need to destroy demand at that level, we need
• 8:28
  Speaker 4: a price that will effectively simulate and stimulate COVID level
• 8:32
  Speaker 4: demand destruction without a pandemic. And for me at least,
• 8:35
  Speaker 4: that would be an exceptionally high price.
• 8:38
  Speaker 1: So there you go, an exceptionally high price could be
• 8:41
  Speaker 1: the key going forward quickly. Other things that are being
• 8:44
  Speaker 1: affected right now is what we're dealing with with farmers.
• 8:48
  Speaker 1: That's right now, farmers are being effective versus for the
• 8:51
  Speaker 1: first time. This is rolling into the issue around fertilizer.
• 8:56
  Speaker 1: Let me play this clip for you. It explains a
• 8:58
  Speaker 1: little bit more of the impact on farmers.
• 9:00
  Speaker 5: Look, there's been some predictions that fertilizer will go up
• 9:04
  Speaker 5: another one hundred dollars a ton on top of losing
• 9:07
  Speaker 5: money as it is. It's really sad that the farming
• 9:10
  Speaker 5: has got to the point where we're losing money to
• 9:12
  Speaker 5: even to even be doing it. And then when things
• 9:15
  Speaker 5: going on like it is, it's so much uncertainty. We're
• 9:18
  Speaker 5: used to dealing from market's going up and down, but
• 9:20
  Speaker 5: when we see such a large increase into such a
• 9:22
  Speaker 5: short span of time as what really what really makes
• 9:25
  Speaker 5: it harder to deal with. We have a lot on
• 9:28
  Speaker 5: the line from day to day, and at night time
• 9:31
  Speaker 5: sometimes it can be hard to sleep.
• 9:33
  Speaker 3: A lot of guys have just said I'm done, We're
• 9:35
  Speaker 3: going to quit. They're hanging it up.
• 9:36
  Speaker 4: Their sales everywhere, lots and lots of farm sales.
• 9:39
  Speaker 1: Financially, it's causing a lot of mental health problems as well.
• 9:45
  Speaker 1: This is a big issue because this is the core
• 9:48
  Speaker 1: of the voter base for Trump. But also it doesn't
• 9:52
  Speaker 1: really matter in the voter base but how they would
• 9:55
  Speaker 1: support the administration for the next Republicans or possibly the
• 9:58
  Speaker 1: Republicans in the mid term. You look at this though
• 10:01
  Speaker 1: right now, this energy and fertilizer cost jack that's happening
• 10:06
  Speaker 1: right now could and most likely will push grocery prices higher.
• 10:09
  Speaker 1: So now you've got higher energy and higher grocery. That
• 10:13
  Speaker 1: only leads to one thing, guys, and that is higher inflation.
• 10:15
  Speaker 1: Higher inflation, of course, continues to put more pressure on
• 10:18
  Speaker 1: the FED. That puts more pressure on the markets, and
• 10:22
  Speaker 1: this only gets worse if this continues. This, of course,
• 10:25
  Speaker 1: is the Iranian Supreme Leader, the new one that has
• 10:28
  Speaker 1: come in, and one thing that he highlighted right here,
• 10:30
  Speaker 1: he's more hardline than his father. His demands from the
• 10:33
  Speaker 1: US are extensive, and he is ready. One could say
• 10:38
  Speaker 1: that he prefers a prolonged war. And that's the concern
• 10:41
  Speaker 1: I have is that this becomes a much more longer
• 10:45
  Speaker 1: war than anyone anticipates. And if the market sees that
• 10:50
  Speaker 1: kind of issue playing out, that could be the catalyst
• 10:53
  Speaker 1: that we could see where we start to see things
• 10:56
  Speaker 1: go really really awry. And this of course isn't. Other
• 11:00
  Speaker 1: factor is you got to look at what's going on
• 11:01
  Speaker 1: in Cuba. Cuba of course now even being looked at
• 11:05
  Speaker 1: propped up by China. This of course is a US
• 11:08
  Speaker 1: strike on Cuba. This was at pretty much nothing right
• 11:12
  Speaker 1: here on February twenty seventh, and then obviously after the
• 11:16
  Speaker 1: Iranian conflict here we are hovering at over forty percent
• 11:21
  Speaker 1: now by the end of this year that Cuba could
• 11:23
  Speaker 1: be in line for more US intervention. There By the
• 11:27
  Speaker 1: way this is coming in from Kobec, you guys should
• 11:30
  Speaker 1: be following these guys that are doing a fantastic job
• 11:32
  Speaker 1: on keeping the updates going and then it'll go into
• 11:36
  Speaker 1: in depth. They're really good headline breakers. But this is
• 11:38
  Speaker 1: a good example right here of China and Cuba have
• 11:40
  Speaker 1: now agreed to boost bilateral ties. This is only six
• 11:44
  Speaker 1: days after Trump said Cuba will fall pretty soon. So
• 11:47
  Speaker 1: these are the kind of things that don't look good
• 11:50
  Speaker 1: because it's these little nuances that become much bigger. Then
• 11:55
  Speaker 1: they become problems, and then when those problems faster, they
• 12:00
  Speaker 1: become issues. Not only in the market, but also in
• 12:04
  Speaker 1: the fact of culture here in the United States. So uh,
• 12:07
  Speaker 1: it starts to draw the line for sure. And the
• 12:09
  Speaker 1: other thing you got to look at is where does
• 12:10
  Speaker 1: it draw the line? Well, it draws the line on
• 12:12
  Speaker 1: a lot of things like we have seen in the
• 12:15
  Speaker 1: past from previous administrations that I thought was gone in
• 12:20
  Speaker 1: this administration, but it's not. It's right here hexas goes out,
• 12:24
  Speaker 1: spends ninety three billion in one month, making the highest
• 12:27
  Speaker 1: monthly expense since two thousand and eight, and then extravagant
• 12:31
  Speaker 1: spending there. I mean, these are the kind of things
• 12:35
  Speaker 1: that you are going to start to see head's role
• 12:38
  Speaker 1: because Trump will be able to divert blame onto many
• 12:43
  Speaker 1: of these. You've already seen it with Christy nom She's
• 12:45
  Speaker 1: been outed. Pambondi is going to be next. Who would
• 12:48
  Speaker 1: be next after that? Could it be a he Seth?
• 12:50
  Speaker 1: Could it be someone else? Maybe? I think that if
• 12:53
  Speaker 1: we continue to see the problem with the Clarity Act,
• 12:55
  Speaker 1: it's going to be David Sachs that starts to get pumped.
• 12:58
  Speaker 1: And you've got Christy Nome. Of course she is out already.
• 13:01
  Speaker 1: Pam Bondi, this is the one we think is most
• 13:04
  Speaker 1: likely going to be in a position of exiting door
• 13:07
  Speaker 1: left because of her inability there in her job as well.
• 13:13
  Speaker 1: So and again it gets to the point that I'm
• 13:15
  Speaker 1: getting at, which is a lot of the cabinet members
• 13:17
  Speaker 1: that Trump has been placed in may have looked like
• 13:21
  Speaker 1: they were on par in the beginning. Now we're starting
• 13:24
  Speaker 1: to see their work record and how they're doing it.
• 13:28
  Speaker 1: This is going to get ugly quickly, so big problems.
• 13:32
  Speaker 1: JP Morgan come in and say, hey, just long energy socks,
• 13:35
  Speaker 1: because right now and let's they get this straight open.
• 13:38
  Speaker 1: This is going to be a fight for energy and
• 13:42
  Speaker 1: we are in the middle of it right now. And then,
• 13:44
  Speaker 1: of course, the stock market if you compare this, and
• 13:46
  Speaker 1: I'll show you the chart real quick, this is the
• 13:49
  Speaker 1: S and P five hundred. Let's go up here. The
• 13:51
  Speaker 1: last time we saw a fall was right there on
• 13:55
  Speaker 1: the Trump dump, and that was a twenty percent fall
• 13:58
  Speaker 1: into the market. Market of course recovered to that. Trump
• 14:01
  Speaker 1: could have claimed victory easily with where we were at
• 14:05
  Speaker 1: over almost seven thousand. Now here we are starting to
• 14:09
  Speaker 1: roll over the top from right there, which was right
• 14:12
  Speaker 1: around seven thousand. Here we are bumping down at sixty
• 14:15
  Speaker 1: six hundred, down five percent likelihood on this is a
• 14:19
  Speaker 1: twenty percent pullback would be the thing that most likely
• 14:23
  Speaker 1: will happen if we get another black Swan or one
• 14:25
  Speaker 1: of those events that start to cause more concern in
• 14:28
  Speaker 1: the market, or the elongated conflict in Iran, that will
• 14:34
  Speaker 1: be the one that I think continues this market downward.
• 14:37
  Speaker 1: So even though that is happening, I think crypto has
• 14:41
  Speaker 1: in and been in just a wait and see fatigued
• 14:46
  Speaker 1: phase right now, Crypto fear and greed setting at twenty eight,
• 14:49
  Speaker 1: quite a bit higher than we were, but definitely at
• 14:52
  Speaker 1: twenty eight, which is not significantly better than what we
• 14:56
  Speaker 1: have seen in past bear markets. The real question is
• 14:59
  Speaker 1: how long is this going to last? Are we going
• 15:01
  Speaker 1: to see any light in the tunnel, Because most people
• 15:03
  Speaker 1: would say, well, if all these bad things are happening,
• 15:06
  Speaker 1: there is possibly going to be a flight to safety
• 15:09
  Speaker 1: and digital assets. Some people might say, well, that are gold,
• 15:11
  Speaker 1: but gold has not been moving. In fact, gold is
• 15:14
  Speaker 1: also stalled out. Bitcoin is stalled out at right at
• 15:18
  Speaker 1: seventy k. We saw a little bit of movement this week,
• 15:21
  Speaker 1: but again these are the problems when people are just paralyzed.
• 15:25
  Speaker 1: They don't know what to do because of the inability
• 15:29
  Speaker 1: to see any light at the end of the tunnel,
• 15:31
  Speaker 1: and that's the problem that we're dealing with. One thing
• 15:34
  Speaker 1: that is happening, though, is that Blackrock just launched their
• 15:37
  Speaker 1: Ethereum staking ETF. I don't know if this is good
• 15:40
  Speaker 1: timing and bad timing, but the point is could be
• 15:43
  Speaker 1: a rotation into eth This has been a significant move
• 15:46
  Speaker 1: because now if we're trying to outpace inflation, assets are
• 15:51
  Speaker 1: going to be the only way. But the problem there
• 15:54
  Speaker 1: is if assets continue to drop because of these global
• 15:57
  Speaker 1: and economic problems, you're dealing with the counterbalance to each
• 16:02
  Speaker 1: and every one of those issues, which is why I
• 16:03
  Speaker 1: think we're seeing less gold purchases right now and more
• 16:07
  Speaker 1: money going into stable coins and of course cash one
• 16:11
  Speaker 1: point eight trillion in private credit market is witnessing an
• 16:14
  Speaker 1: exodus of investors. This is another factor that is another
• 16:18
  Speaker 1: big issue that could cause a major move in the market.
• 16:21
  Speaker 1: I'll highlight one of the things in this article right here.
• 16:23
  Speaker 1: It says this week's major players Blackrock Blackstone faced rushing
• 16:27
  Speaker 1: withdrawals from investors spooked by the chaos. This gets back
• 16:31
  Speaker 1: to my point. Twenty six billion an HPS corporate lending
• 16:33
  Speaker 1: fund out. Then you look at these aren't isolated incidents.
• 16:37
  Speaker 1: Private credit has boomed because it offered retail investors access
• 16:41
  Speaker 1: to higher yields from loans to mid sized firms. Now
• 16:45
  Speaker 1: you've got all these companies starting to either default and
• 16:49
  Speaker 1: or have problems in renewing loans, and this is where
• 16:53
  Speaker 1: we're dealing now. Those loans are long term, typically three
• 16:56
  Speaker 1: to seven and tied to assets that aren't easily or
• 16:59
  Speaker 1: quit to sell. So this is the problem that you
• 17:02
  Speaker 1: have with private credit, which will only put more pressure
• 17:05
  Speaker 1: on the S and P five hundred. So there you go.
• 17:07
  Speaker 1: Clarity Act signed into law. We were setting it around
• 17:10
  Speaker 1: sixty percent after the banking summit that we aired yesterday
• 17:15
  Speaker 1: and showed what the banks were really up to. It
• 17:19
  Speaker 1: has dropped down to now a fifty four percent probability,
• 17:23
  Speaker 1: almost a coin flip right now on poly market as
• 17:26
  Speaker 1: you can kind of see what's going on right here.
• 17:29
  Speaker 1: And the reason is this. Banks are clearly coming after
• 17:33
  Speaker 1: not just stable coin yields, They're coming after everything. If
• 17:35
  Speaker 1: you go back and watch that video that we did yesterday,
• 17:38
  Speaker 1: it is a breakdown of everything they want, including DeFi
• 17:42
  Speaker 1: self custody could easily be thrown into this mix. What
• 17:44
  Speaker 1: we're going to see is much more than what we're
• 17:48
  Speaker 1: seeing right now, and it was kind of showcased in
• 17:50
  Speaker 1: that summit that we did yesterday. We started the change
• 17:54
  Speaker 1: dot org petition yesterday, and we're nearing six thousand I
• 17:59
  Speaker 1: think refreshes in a little bit. So yeah, nearing six
• 18:02
  Speaker 1: thousand signatures right here. We are trying to get this
• 18:06
  Speaker 1: up to more so that we can at least start
• 18:09
  Speaker 1: presenting this to some of our lawmakers and show just
• 18:12
  Speaker 1: how important this is. So make sure you guys use
• 18:15
  Speaker 1: the link. We'll try to leave one down below, or
• 18:17
  Speaker 1: you can follow me on Twitter. I usually drop it there.
• 18:19
  Speaker 1: It's just at Paul barn One last point I want
• 18:21
  Speaker 1: to get at this, of course, is JP Morgan just
• 18:23
  Speaker 1: been sued by investors for allegedly participating in a three
• 18:27
  Speaker 1: hundred and twenty eight million dollar crypto ponzi scheme. And
• 18:30
  Speaker 1: this was a course revealed in the lawsuit and a
• 18:34
  Speaker 1: lot of it generated around this thing called Goliath Ventures
• 18:38
  Speaker 1: right here, and this guy was arrested, so their ceo.
• 18:42
  Speaker 1: But investors say that JP Morgan knew, not suspected, but
• 18:47
  Speaker 1: knew what was going on. And this will be a
• 18:49
  Speaker 1: big deal if this goes through. So it's just more
• 18:52
  Speaker 1: issues of these banks continuing to put pressure on the
• 18:55
  Speaker 1: crypto market. We've seen it all around. Now we're seeing
• 18:59
  Speaker 1: pressure from global and economic issues that are happening from
• 19:02
  Speaker 1: what we're seeing obviously with Iran, but the problems are
• 19:06
  Speaker 1: getting worse by the day. Guys, as we start to
• 19:10
  Speaker 1: try to figure out how to navigate this market. We're
• 19:11
  Speaker 1: gonna be coming to you with a wrap up this week,
• 19:15
  Speaker 1: so stick around for that one. If you like this video,
• 19:24
  Speaker 1: like and subscribe, drop a comment down below, and also
• 19:27
  Speaker 1: join our free private member group. The link is in
• 19:29
  Speaker 1: the description