Latest / The Paul Barron Crypto Show / Ethereum Boosting Gold To New All-Time Highs!🚀
Transcript
- 0:00Speaker 1: Today let's break down where gold could be going in
- 0:02Speaker 1: the market and why Ethereum is technically very connected. My
- 0:06Speaker 1: name is Paul Barren. Welcome back in to the show.
- 0:08Speaker 1: Let's get into it today. I do want to thank
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- 0:12Speaker 1: to be talking about gold today. And did you know
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- 0:40Speaker 1: investment journey. Let's get into a couple of points on
- 0:42Speaker 1: and of course, one of the biggest is gold is
- 0:44Speaker 1: now hitting all time highs again at thirty six hundred
- 0:47Speaker 1: and fifty bucks. This is a monster rally and it
- 0:50Speaker 1: does not show any signs of slowing. I anticipate we're
- 0:53Speaker 1: going to continue to see growth on this. What we're
- 0:55Speaker 1: going to break down today is it's connection to ethereum
- 0:58Speaker 1: and why actually gold could be the outperformer here along
- 1:03Speaker 1: with ethereum. And I'll explain all of that in a second.
- 1:06Speaker 1: On another note, here's Cantor Fragel who launched a gold
- 1:09Speaker 1: protected bitcoin fund.
- 1:12Speaker 2: This is for.
- 1:12Speaker 1: Credit investors, but it does show you the kind of
- 1:14Speaker 1: the direction here, and I'll zoom in on that where
- 1:16Speaker 1: capital that is in these funds would be protected up
- 1:19Speaker 1: to one hundred percent of the initial investment if bitcoin
- 1:23Speaker 1: declines in value, and of course that's going to be
- 1:25Speaker 1: done in gold. So again this is where bitcoin and
- 1:27Speaker 1: gold start to go head to head with each other.
- 1:30Speaker 1: But there are some factors here that start to play
- 1:32Speaker 1: into this. El Salvador also putting more money instead of
- 1:36Speaker 1: into bitcoin, they're going into gold. So purchase another almost
- 1:40Speaker 1: fifty million, So a nice little move, very small country,
- 1:44Speaker 1: but again starting to move in this direction. And then
- 1:46Speaker 1: if you look at Tether, Tether doubles down on gold
- 1:49Speaker 1: strategy with an additional one hundred million in elemental investment.
- 1:53Speaker 1: This is a Canadian royalty firm that's all pushing toward gold.
- 1:58Speaker 1: And remember this is something that Tether has been strategically
- 2:01Speaker 1: doing anyway, and they continue to build on that asset,
- 2:05Speaker 1: so they have a lot of diversified assets against their
- 2:07Speaker 1: stable coin gold starting to grow overall. If you compare
- 2:11Speaker 1: this to how foreign banks are holding gold, there you
- 2:14Speaker 1: have it. For the first time since nineteen ninety six,
- 2:17Speaker 1: you have gold now outpacing US treasuries as a foreign reserve.
- 2:21Speaker 1: So that's another factor that continues to push into the
- 2:25Speaker 1: gold market. One other thing I want to show you
- 2:27Speaker 1: right now is just the comparison around search terms. This
- 2:30Speaker 1: is over the past five years. You'll notice gold versus bitcoin.
- 2:34Speaker 2: Gold.
- 2:34Speaker 1: Of course, after the runs we saw in twenty twenty
- 2:37Speaker 1: one on bitcoin, this was the run up, and then
- 2:40Speaker 1: of course gold has been starting to climb here really
- 2:43Speaker 1: since about February of twenty twenty four, starting to climb,
- 2:47Speaker 1: and Bitcoin at that same time has slowly started to
- 2:50Speaker 1: trend downwards. So are we at the beginning of a
- 2:54Speaker 1: shift of how gold plays into this. And I know
- 2:57Speaker 1: you guys are thinking, no, Paul, it's bitcoin all the way,
- 3:00Speaker 1: all the way. I want to show you a clip
- 3:03Speaker 1: because this is Mike Maloney talking about this, that this
- 3:06Speaker 1: is actually already happening.
- 3:07Speaker 3: Take a look it's already happening in Venezuela. He goes
- 3:11Speaker 3: into a supermarket where everything is priced in grams of gold,
- 3:15Speaker 3: point zero six grams of gold everything, and that price
- 3:20Speaker 3: is about forty four bucks a bottle. How they pay
- 3:23Speaker 3: with these little flecks of gold, and he's paying in
- 3:26Speaker 3: gold on a scale. She weighs it and logs it
- 3:30Speaker 3: all in stamps these receipts, and they've just paid in
- 3:36Speaker 3: real gold. If you minute into a coin of equal weights,
- 3:40Speaker 3: you've got money. You can digitize that money. That's fine.
- 3:44Speaker 3: If it's just payment in gold, then gold will win
- 3:49Speaker 3: and the public will not be getting scammed.
- 3:53Speaker 2: All right.
- 3:53Speaker 1: So the point being is that that's not going to
- 3:56Speaker 1: be the way payments are done, guys. So the point
- 3:58Speaker 1: is that we're getting out there is that that's what
- 4:01Speaker 1: people are doing, the level of you know, effort that
- 4:06Speaker 1: they're going to to try to make payment, and I
- 4:07Speaker 1: think digital gold is going to be the way it
- 4:09Speaker 1: all plays out. That is going to happen on the
- 4:12Speaker 1: ethereum ecosystem. If you look at also where you could
- 4:16Speaker 1: buy gold right now, Look at this, if you go
- 4:19Speaker 1: into websites right now, this is one hundred ounce of
- 4:21Speaker 1: gold right there. First website three hundred fifty four k,
- 4:24Speaker 1: second three fifty nine and so on. Then you go
- 4:26Speaker 1: over here on chain, you're getting so much more value
- 4:30Speaker 1: from the same purchase level at three hundred and forty one.
- 4:33Speaker 2: So that again goes.
- 4:34Speaker 1: Back to the factor of the utilization a lot of
- 4:38Speaker 1: what we're going to see in terms of digitalized a
- 4:41Speaker 1: digital gold and tokenized gold. Let's go over and you
- 4:44Speaker 1: look at tokenized goal supply. It's up one hundred percent
- 4:47Speaker 1: year to date. This is just showing PASG and xaut
- 4:50Speaker 1: which is tether, all of which are on ethereum. So
- 4:54Speaker 1: that's our point right here. If we are going to
- 4:57Speaker 1: see a flipping, and the likelihood is it could be
- 5:00Speaker 1: gold and ether in the limelight instead of bitcoin. Adding
- 5:04Speaker 1: to this, now you're going to look at this point
- 5:06Speaker 1: right here, is that people are chasing DeFi yields in gold.
- 5:10Speaker 1: So that's an example again of the gold value that
- 5:14Speaker 1: comes into this. And if you look at a couple
- 5:16Speaker 1: of tweets right here, you can of course earn gold
- 5:19Speaker 1: by hoddling in your crypto wallet right there, So that
- 5:22Speaker 1: just makes it easier look at the amount of percentages
- 5:25Speaker 1: that we're seeing in terms of yields. So that's a
- 5:29Speaker 1: major shift forward as we start to see digital assets
- 5:33Speaker 1: and think about the consumer and the investor that is
- 5:36Speaker 1: starting to migrate into this. This is why it gets
- 5:39Speaker 1: very intriguing. So if you look at this, this is
- 5:42Speaker 1: in reference back to DeFi. I used to think gold
- 5:44Speaker 1: was only for storing after purchases, but now I can
- 5:46Speaker 1: actually earn yield by holding holding gold directly in a wallet.
- 5:51Speaker 1: This was just showing an example of a yield of
- 5:54Speaker 1: up to fifteen percent that's paid daily, which is pretty significant.
- 5:59Speaker 1: Imagine these countries that could take that gold and start
- 6:02Speaker 1: to do the same thing and be able to offset
- 6:06Speaker 1: that with just these yields that are being paid. So
- 6:08Speaker 1: pay attention guys. We're starting to see some movement here.
- 6:11Speaker 1: One of the projects that has started to move on
- 6:13Speaker 1: this is matrix dock. This is one that of course
- 6:16Speaker 1: also on and this one of course you'll notice right here,
- 6:19Speaker 1: let me kind of zoom in on that. That is
- 6:22Speaker 1: the new listing right there on Suie. One other thing,
- 6:25Speaker 1: if you look further into the sheet, this is the
- 6:28Speaker 1: vaults in Asia. So it's a limited market here for
- 6:31Speaker 1: matrix docks right now, but that's actually a big market.
- 6:34Speaker 1: Further on down in the sheet you can kind of
- 6:36Speaker 1: see the Asia centric focus Singapore and Hong Kong. All
- 6:39Speaker 1: this starts to move into a bigger theme that could
- 6:42Speaker 1: be setting up in terms of how this all transition
- 6:45Speaker 1: for blockchain, so pay attention to it. The other thing
- 6:48Speaker 1: that you got to look at is just looking at
- 6:50Speaker 1: XAM right there and the kind of lending protocol that
- 6:54Speaker 1: is out there for DeFi again paying pretty significant yields
- 6:59Speaker 1: on that.
- 6:59Speaker 2: At twenty six percent.
- 7:00Speaker 1: So all of this optional World Gold Council now setting
- 7:05Speaker 1: to launch digital Gold in twenty twenty six. I don't
- 7:07Speaker 1: know if this is going to be fast enough, but
- 7:09Speaker 1: the point is is that you've got the biggest gold
- 7:11Speaker 1: organizations in the world now understanding to make this a
- 7:15Speaker 1: reserve asset.
- 7:17Speaker 2: Just like a treasury or other things.
- 7:19Speaker 1: You've got to get it into a token ice model,
- 7:21Speaker 1: and they understand that.
- 7:22Speaker 2: Let me go to this, let me go.
- 7:24Speaker 1: To this this article right here. Goldman Sachs says emerging
- 7:27Speaker 1: risk could since gold up another forty percent. There's reasons
- 7:31Speaker 1: and it boils down to this, Trump's going to fire Pal.
- 7:34Speaker 1: Pal's going to be out, So there's a risk there
- 7:36Speaker 1: on the FED. The FED will then of course start
- 7:38Speaker 1: printing money because we're gonna see all these rate cuts
- 7:40Speaker 1: when you have that printing occur. Next step of is debasement.
- 7:44Speaker 1: People will go to gold. That's where gold and sacks
- 7:47Speaker 1: is looking at. And then you've got the credibility issue
- 7:49Speaker 1: that plays into this as well. So all of that
- 7:52Speaker 1: starts to make you think, are we maybe in a
- 7:55Speaker 1: supercycle here for gold and related gold assets? All right,
- 7:59Speaker 1: so I do want to I think our sponsor real
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- 8:36Speaker 1: us all right here let's go to Peter Schiff real quick, permeable.
- 8:40Speaker 2: This is an interesting one because he's.
- 8:42Speaker 1: Going after Tom Lee, of course forecast Bitcoin hitting two
- 8:45Speaker 1: hundred k, and it basically says fed's two month pause
- 8:48Speaker 1: is why Bitcoin hasn't rallied over this time period, but
- 8:50Speaker 1: gold rally ten percent during those two months, hitting a
- 8:53Speaker 1: record thirty six to twenty.
- 8:54Speaker 2: Yeah. Okay, Peter's looking good.
- 8:56Speaker 1: Markets are forward looking, and that's interesting because that's why
- 8:59Speaker 1: gold up ten in advance of ray cuts. Bitcoins failed
- 9:02Speaker 1: to rally with gold based on the same prospects should
- 9:05Speaker 1: cause him concern. Instead of hitting two hundred k, he
- 9:09Speaker 1: of course thinks we're gonna see FED ray cuts and
- 9:11Speaker 1: then bitcoins sync back to one hunter k. I don't
- 9:14Speaker 1: know if this is the case, guys. I think we
- 9:16Speaker 1: will see Bitcoin go up, but remember you always get rotations,
- 9:20Speaker 1: and that is something that I have to think. If
- 9:22Speaker 1: people go into gold, and we've seen this before, typically
- 9:26Speaker 1: Bitcoin lags behind it.
- 9:27Speaker 2: Now we'll hit two under k. That's still a Tom
- 9:29Speaker 2: Lee question.
- 9:30Speaker 1: I think the bigger question is where will efthereum be
- 9:33Speaker 1: when all of this settles, because this is the key thing.
- 9:37Speaker 1: As we start to see the tokenization of not a
- 9:40Speaker 1: gold but so many assets coming into the ecosystem. Speaking
- 9:44Speaker 1: of that, the SEC says they're going to be able
- 9:47Speaker 1: to tokenize stocks, letting the full all investors trade equities
- 9:50Speaker 1: and traditionally on chain full shareholder rights. That means anywhere
- 9:55Speaker 1: in the world be able to do this on chain.
- 9:57Speaker 1: This is going to be a big deal. Meaning we've
- 9:59Speaker 1: got a lot of everything from Asia, all sorts of
- 10:01Speaker 1: international opportunities here and again, tokenized stocks setting on Ethereum. Now,
- 10:07Speaker 1: where does this take the RBA market? Well, it takes
- 10:10Speaker 1: it way up because guests who just joined the party
- 10:13Speaker 1: Ethereum skyrocketing passes and it's just beginning for Ethereum. So
- 10:19Speaker 1: look at where that is going to be in ninety days.
- 10:22Speaker 1: We'll come back and look at this chart. I will
- 10:24Speaker 1: tell you right now, ETH is most likely to take over. Now, well, yeah,
- 10:28Speaker 1: we'll probably still see quite a bit of movement on
- 10:30Speaker 1: Solana just because of that ecosystem, but ETH definitely a
- 10:33Speaker 1: big one going forward.
- 10:35Speaker 2: Let's take a look at X stocks.
- 10:36Speaker 1: Because that's an example on Solana, six hundred mili in
- 10:40Speaker 1: total lawn chain transactions for X stocks right there, I'll
- 10:42Speaker 1: kind of zoom in on that. But the little chart
- 10:44Speaker 1: above this, guess what that is, guys, that's traded tokenized
- 10:48Speaker 1: Pokemon cards. So that market also exploding. What we're seeing
- 10:54Speaker 1: is a next generation of where people are looking at
- 10:57Speaker 1: where this market is going, and gold is going to
- 10:59Speaker 1: be a part of it. Tokenized gold going to be
- 11:02Speaker 1: a part of it. Here's Bitcoin versus roadblocks in comparison
- 11:05Speaker 1: in terms of performance. Look at the difference here, guys
- 11:08Speaker 1: on the red line roadblocks and the blue line Bitcoin
- 11:13Speaker 1: just in a short period of time. Big difference here,
- 11:16Speaker 1: one hundred two percent versus twenty What is that? One
- 11:18Speaker 1: hundred and nineteen percent versus eighteen percent?
- 11:22Speaker 2: Right there, So good comparison.
- 11:23Speaker 1: Again because of a next generation starting to invest in
- 11:27Speaker 1: these new kind of assets going forward. And let's remember
- 11:31Speaker 1: everybody's played Mario and you know you get gold coins.
- 11:35Speaker 1: So there's a value in a psychological effect that I
- 11:38Speaker 1: think is happening on this next generation that they see
- 11:41Speaker 1: the value in goal. So digital gold is going to
- 11:44Speaker 1: be even better, and of course that will reside of
- 11:48Speaker 1: course on ethereum. Nearly two thirds of children will prefer
- 11:51Speaker 1: gaming currency over cash. I know that my kids wont
- 11:55Speaker 1: gaming currency over cash. Imagine if that is valued in
- 11:59Speaker 1: real and I think that's the big one that goes
- 12:02Speaker 1: to the next level. We've talked about it before, and
- 12:04Speaker 1: could this be the cycle where theoreum actually starts because
- 12:08Speaker 1: of the strength of gold. If you think about eth
- 12:10Speaker 1: propping up gold, could eth actually start to be in
- 12:14Speaker 1: the cycle of flipping bitcoin because look at this right here,
- 12:18Speaker 1: this is the topic that we're talking about. Look at
- 12:21Speaker 1: where gold is right now, and what kind of upside
- 12:25Speaker 1: we could have if in fact, we see digital gold
- 12:29Speaker 1: become a part of the eth ecosystem to that level.
- 12:32Speaker 1: That would be insane markets going forward. All right, guys,
- 12:36Speaker 1: don't forget that. If you're not part of the Diamond Circle,
- 12:39Speaker 1: you can get into that right now, and we leave
- 12:42Speaker 1: a link down below. It's very easy to join and
- 12:45Speaker 1: super interesting because we drop additional research. I do an
- 12:49Speaker 1: email every week that drops not only my thesis but
- 12:52Speaker 1: also kind of culminates a lot of what we're talking
- 12:55Speaker 1: about here on the show and gives you a deeper
- 12:57Speaker 1: dive into what's happening in the market. So I have
- 12:59Speaker 1: to do is down below. It's absolutely free. Follow me
- 13:02Speaker 1: on x at Paul Baron. We'll catch you next time,
- 13:03Speaker 1: right here on the Paul Baron Show.