Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / NO JOKE! - $UFD - UNICORN FART DUST meme coin
Transcript
- 0:38Good morning Dusters, welcome to Duster Club and what a week,
- 0:42what a couple weeks it has been. I spoke with someone very smart
- 0:47and very influential in the crypto sector, in the meme coin
- 0:51sector last night and they told me something about our Unicorn
- 0:54fart dust that I thought was just absolutely shocking,
- 0:59absolutely pertinent to what we are doing right now.
- 1:02What this person told me and why I'm going to explain that to you
- 1:07is basically that if we don't thrive, if Unicorn fart dust
- 1:11doesn't thrive through the cycle in crypto, that basically none
- 1:16of the cryptos, none of the meme coins I mean, will do well.
- 1:21That if we don't make it, nobody should make it.
- 1:23I'm going to give you the reasons why in this video, but
- 1:26first, my disclaimer. This is not financial advice.
- 1:29Don't buy or sell anything based on anything that I say.
- 1:32I'm speaking about Unicorn fart dust because I believe in it.
- 1:36Because I own a huge number of beans.
- 1:39It's a big investment to me, but I'm not a financial advisor.
- 1:42Be responsible with any of your investments.
- 1:45Oh, and I do need to disclose to you that last night we did
- 1:49purchase 100,000 beans. As a matter of fact, today is
- 1:53Susie's birthday. You may want to wish her a happy
- 1:57birthday. Everyone out there industrial
- 1:59and happy birthday to Susie. What's that?
- 2:08OK, I just really screwed up. I don't know.
- 2:10I'm thinking today's her birthday.
- 2:12Her birthday? She just yelled at me from
- 2:14upstairs is actually tomorrow. In which I knew.
- 2:17Anyway, today I was asking her what she wanted and she wants.
- 2:21Guess what she wants for her birthday?
- 2:23She wants beans. Hold on.
- 2:24Let me. I need to call her on the mic on
- 2:26the walkie here and apologize. I'm sorry, sweetie.
- 2:30I don't know why I got that screwed up.
- 2:32I'm sorry. And do you have your walkie on?
- 2:39OK. I'm sorry.
- 2:40Tomorrow is Susie's birthday. I'm sorry.
- 2:42I did that over. Today is my mom's birthday.
- 2:49OK. All right, let's get back into
- 2:50this now that I have Susie's birthday straight.
- 2:53Boy, you know, that's the worst of the difficulties we'll have
- 2:56here this morning. We'll be doing good.
- 2:58But why did this person say this?
- 3:00Why did this person say Ron? If UFD doesn't make it, none of
- 3:05the meme coins will likely make it or should make it.
- 3:08Then here was the reasoning behind it, which I found.
- 3:11It was very enlightening, very eye opening for me that we are
- 3:15the most universal, the most decentralized and democratized
- 3:22store of value in the meme coin sector.
- 3:25Now that's a lot to say that's a mouthful, so let's break it
- 3:28down. Let me give you some examples.
- 3:30Democratized means that we are by the peoples like democracy,
- 3:35the people decide, you decide who has value, you decide where
- 3:42to asset assigned value. And UFD is one of the most
- 3:46democratized meme coins that's really probably ever been
- 3:50created. Now there's some other great
- 3:52ones. I'm not I'm not saying, but you
- 3:54know, we are in that top 1% of the pure democracy.
- 3:58And that's actually something about crypto in general, the
- 4:02real crypto, the real things like Bitcoin, the real pure
- 4:06meaning behind Bitcoin. Because look, just I'll, I'll
- 4:09tell you my impressions after three months.
- 4:12A lot of the cryptos, a lot of these other coins, they get
- 4:16started by big venture capital firms and big business have been
- 4:20kind of polluted, if that makes sense.
- 4:22It almost seems like they they invest all this money and make
- 4:26all these promises and then they use the retail investor right as
- 4:31exit liquidity, whereas we're more of a pure, you know the
- 4:34story. I sat down here, right, 54 year
- 4:38old and and did an experiment and started a meme coin for $100
- 4:42and the people decided it's democratized.
- 4:45It's like democracy and we have this like absolute pure
- 4:50opportunity from that perspective and the fact that
- 4:53we're also decentralized to the state.
- 4:57Look, guys, here's the reality, right?
- 4:59I just told you the story. I was a skeptic on crypto
- 5:02started this thing, but what what resulted from that was that
- 5:07we have this complete decentralized structure.
- 5:11This is headquarters and I will sit here and tell you yes, I'm
- 5:14dedicated. I will work.
- 5:16I will be here. You're my friends.
- 5:18Oh, by the way, hold on. I got to remember horns up,
- 5:22dusters, horns up, right? Good, attracts good.
- 5:26We need to say that every day here in Duster Club.
- 5:29But this decentralized structure that we have where you got a guy
- 5:34in his basement, right, that started it for 100 bucks and
- 5:38it's spread right all throughout the world.
- 5:42Everybody has the same fair opportunity.
- 5:46That means if you're sitting in a in a country in Central Africa
- 5:50and you have a phone, you have the same opportunity with
- 5:54Unicorn fart dust that a person in Chicago sitting on the 84th
- 6:00floor of whatever it's called now Willis Tower, I think's what
- 6:03they refer to it. You have the the person in in
- 6:07working off a little solar panel with a cell phone in Central
- 6:10Africa has the same opportunity as the guy on the 84th floor of
- 6:15Willis Tower. We provide this absolute equal
- 6:20fair level playing field. And on top of that, this guys
- 6:25he's he's, he's a smarty pants, right?
- 6:28He reminded me. We are the people's coin.
- 6:30We are the underdog. We are the coin that didn't
- 6:34spend any money on getting ourselves promoted.
- 6:37We didn't spend any money on any other type of major marketing
- 6:42campaign, right, to influence people to buy us.
- 6:46It happened organically. It happened 100% on an organic
- 6:51level. That is unique, that is special.
- 6:53We are amongst a handful of coins who can claim that, right?
- 6:58There's no big money. Trust me, I don't have a rich
- 7:00uncle sitting over there in the corner feeding US money, saying
- 7:04no. So as we go through, right, what
- 7:06is now this core building process that we're in, right?
- 7:10It's no, it's, it's, it's hard, right?
- 7:12Let me tell you something, guys, let me tell you something.
- 7:14Buttercup dusters and diamond hoove dusters.
- 7:19There's got to be a new level above diamond hooved within our
- 7:23community because that's what the people who are buying now,
- 7:26we're like the we're like the diamond hooves that are that are
- 7:30signing up for the long term commitment.
- 7:34Right, Not going to sell. Not I was talking to this guy
- 7:36last night and I'm like, I'm not, I'm not selling.
- 7:38I've never sold. I bought beans last night.
- 7:42Looks like I'm going to be buying more today for Susie for
- 7:44her birthday. So there's your Full disclosure
- 7:47and I did. Let me back up.
- 7:49That's something else that's different about us, man.
- 7:51There's so much that's unique about our special opportunity
- 7:54here with Unicorn Fart Dust. I will always tell you before I
- 7:59do anything before that will have any impact on Unicorn Fart
- 8:04Dust. 100% transparency. So yesterday during the live
- 8:08stream, I told you I'd be buying some beans.
- 8:10OK? Last night I bought beans and I
- 8:13put a post on X. I'm telling you today we're
- 8:16probably going to be buying a few more beans for upstairs.
- 8:19Here's Susie's birthday. So later on today we'll keep you
- 8:24posted on that as well. Where was I?
- 8:27I don't know. It's just everything is so
- 8:30everything is so special and unique about this.
- 8:32Oh, the level above diamond hooved right, Because that's
- 8:36what the people who are who are holding right now and also the
- 8:40people who are buying right now are building.
- 8:44This is a unique guys. This is this is not going to
- 8:46happen again. And by the way, I'd like to say
- 8:49that I used channel sponsor Ledger, Ledger, right, the
- 8:54leader, right, and hardware wallet technology allowing us to
- 8:58help like protect and save our beans.
- 9:01I used the the Ledger device yesterday when I purchased the
- 9:06beans. I don't keep it here on site,
- 9:10but what a wonderful piece of equipment to work with and and
- 9:13to know that the beans are now held in cold storage gives me a
- 9:18nice level of of comfort. I guess you can say so thank you
- 9:21Ledger right and guys, please, please one more quick thing
- 9:25about security when it comes to cryptocurrency, please don't
- 9:30make the same painful mistake that I made don't think about
- 9:35security after something happens do yourself a favor, OK think
- 9:41about security before something happens check out Ledger you'll
- 9:45find that they're the leader again in crypto security
- 9:48hardware wallet technology, and I have an affiliate link it's in
- 9:52the description of this video and it's on the link tree.
- 9:55So thank you Ledger thanks for helping us here at Unicorn fart
- 9:58desk. There's another big, I think if
- 10:00you heard this, what does it mean?
- 10:02Like, look, look, look, the whole crypto sector is being is
- 10:07being kind of pummeled lately, OK, you know that I know that we
- 10:11don't want to focus on that. That gives us an opportunity to
- 10:15grow stronger. Again, I was talking to another
- 10:18influential person in the crypto sector.
- 10:21There's people that are speculating will say right that
- 10:25what's been going on with UFD lately is the result of some of
- 10:29the big the early investors may be selling some of their beans.
- 10:33OK, but this person brought up a point, right?
- 10:37And there's a big reason why we want to pay attention to this,
- 10:40why this is very important. He said there's a finite amount
- 10:44of time and beans a finite a limited that these these early
- 10:50big investors can liquidate within UFD.
- 10:54But, and here's the but you know, I like big butts and this
- 10:58is a big, big butt. And we got to remember on top of
- 11:01that, that us so they have a finite amount of beans.
- 11:05There's only right, you know the story, you know it.
- 11:08Oh, my beans aren't my beans aren't level.
- 11:10We got some crooked dusters, some crooked crooked.
- 11:14There we go. Hold on, there we go.
- 11:16There we go. There's a finite number of
- 11:18beans. There's only so many that any
- 11:23whale or big holder, somebody who may be bought early, there's
- 11:27all kinds of speculation. I'm not going to go into detail,
- 11:31but we know one thing for sure about it.
- 11:33There's only so many beans that if indeed it's true, there's
- 11:36some big seller or big holders that are they're kind of
- 11:39liquidating at this point. It's limited our ability as
- 11:44dusters, our ability as diamond hooves, right?
- 11:48Our ability as a community to stand strong and to continue to
- 11:54build, right, and to and to galvanized and to forge
- 11:58ourselves and to absorb that. That's infinite, right?
- 12:01They got a finite number of beans.
- 12:03They maybe want to get rid of our ability to remain here,
- 12:07right? To remain this pure
- 12:10democratized, decentralized, universally accepted a
- 12:15cryptocurrency, it is infinite our strength as dusters.
- 12:19I don't know I'll ask you, do you feel it?
- 12:21Do you feel like your strength as a holder of Unicorn fart dust
- 12:25is strong and your ability right to withstand these storms
- 12:29strong, right? Look, I look, I don't have a
- 12:31crystal ball. You know that, right?
- 12:34What I have is my ability to come on here and be honest with
- 12:37you, be transparent with you, show up everyday like you're
- 12:41showing up everyday like you're here right now building this
- 12:45thing for what we believe, right?
- 12:47Definitely can be a much, much, much brighter future.
- 12:52Let's take a look at this. Let's look at some data.
- 12:54Our friend Emma Bear. Emma, we love Emma and Emma put
- 12:59out this great post. This is interesting.
- 13:02What? What is it?
- 13:03Let me get back and look you in the eye.
- 13:07What does it mean? Think about this, right?
- 13:12We're three months old, three months old.
- 13:15And what does it mean that we're at the top of all these lists
- 13:19within the Solana meme coin universe?
- 13:21I want to give you an example right now and get and I want to
- 13:25I want to hear what you think about this because I think this
- 13:29shows some incredible potential for where we could be headed.
- 13:34A quick UFD analysis during the most brutal downturn in UFD
- 13:38short history, mid sized holders are accumulating UFD is ranked
- 13:43second in all Solana based meme coins and it's percentage of
- 13:52holders with $10,000 or more invested ahead of much larger
- 13:58and older projects like Giga Popcat a whatever 16Z and and
- 14:04with I think that's dog with that.
- 14:06So let's look at this sheet that she pulled up.
- 14:11There we are. OK #2 right.
- 14:14And Fartcoin, Fartcoin's been around.
- 14:17Fartcoin is, is has had established itself well in
- 14:21advance of UFD being created. OK, that doesn't mean that,
- 14:25that, that, that we can't catch them.
- 14:30We've got the magic gas, right? The magic fart.
- 14:33But anyway, the total holders, we're still right around 40,000
- 14:38if we go to this middle column. Let me get my crayons out here
- 14:41because I think this is what we want to pay attention to.
- 14:44If we look at these columns, OK, ten, $10,000 plus number of
- 14:51$10,000 plus holders and percentage of $10,000 plus
- 14:57holders. So we have 609, but guys that
- 15:01represents over 1 1/2 percent of our holding base.
- 15:05That puts us in 2nd place above giga, above pocket whip, fog,
- 15:09please, punk, punk, Pingu, Trump, Trump, peanut.
- 15:14Wow, look at Trump is at .35%. And when we look at some of the
- 15:19other numbers, right, $100,000 plus holders, we have 43 of
- 15:23those, which to me isn't all that many.
- 15:27But what that shows, OK, what that shows and that puts us
- 15:31still near the top is that our holder base is distributed quite
- 15:37well, OK. If we look over here at the
- 15:41$1000 plus holders, OK, we have 2000 people in that.
- 15:49And that's a number that I would also be real that I think is is
- 15:55very important to look at because that's 5%, which again
- 15:59puts us in the Top Rank, not not second.
- 16:02The second is for the 10,000 holders.
- 16:04So what is this kind of data shows us?
- 16:06It shows us that in the Solana, in the Solana ecosystem, we
- 16:11continue to remain to be a, a leader, OK.
- 16:16And by almost I got This is important because why?
- 16:21Why are we a leader? Because by almost any measure or
- 16:24metric, we are as good or better than most any of the meme coins.
- 16:29We are right up there, guys. We are right there by almost
- 16:34every measure, every metric. You know what you're doing
- 16:37socially on on X. You know what we're doing
- 16:40socially on all these different platforms, by the way.
- 16:43Hey, please guys, please go out to our YouTube channel, watch
- 16:46this on the YouTube channel, or at minimum, please go out to the
- 16:50YouTube channel and subscribe. That will help us a great deal.
- 16:53We want and the reason why is we want to, we can reach so many
- 16:57butter cups on YouTube on these other platforms.
- 17:01We're on abstract, right? Hello, our friends on abstract,
- 17:04right. Hello, Luca the Penguin.
- 17:07See the Penguin back there, everybody?
- 17:08We love our pudgy Penguin friends, but we're also on
- 17:12LinkedIn, We're on Facebook, please, right, go out, thumbs
- 17:16up, like share and subscribe. I'm supposed to tell you that.
- 17:19But by almost any measure or metric, right, we are in the top
- 17:24tier of meme coins. That's a big deal, OK, That's a
- 17:28huge, huge deal. I believe, this is just my
- 17:32belief. Don't make any financial
- 17:33decisions that we are grossly undervalued.
- 17:37When you compare us, right, on measurement, real measurement,
- 17:41social dominance, the numbers we just looked at from Emma, right?
- 17:45Any measure or metric, we can use that metric.
- 17:49If you look at us on a nominal basis anyway, we're undervalued.
- 17:54That's my opinion. Again, I'll say it one more
- 17:56time, right? Don't make any financial
- 17:58decisions. Always be responsible.
- 18:00But to me, if you look at the hard numbers, the data, OK, Did
- 18:06you look at the data, buttercup? I'm going to start talking to
- 18:09those butter cups now more often, right?
- 18:12We appear to be, but not just appear to be, we are
- 18:16undervalued, right? And as this community continues
- 18:19to forge itself, but there's a bonus, right?
- 18:22There's a bonus because right now compared to them, we're
- 18:25undervalued, but we're only three months old.
- 18:32Think about that, OK and we're comparing ourselves to most of
- 18:35these meme coins and we're we're we're right in the same category
- 18:39with them, but our price is relatively undervalued.
- 18:43But and you know, I like big butts.
- 18:45I do not lie right? We're only three months old and
- 18:53and we got the best community out there.
- 18:57We got the most colt, COLT, coltish community out there,
- 19:03right? We're unicorns.
- 19:04We're UFDI mean to me. It's just an unbelievable
- 19:09opportunity. Now.
- 19:09This blew me away. I don't know.
- 19:11I kind of felt like we made it, You know, I'm an older, older
- 19:14gentleman, 55 years old, I think technically a senior citizen.
- 19:17Oh, Grampy here. Hello, Henoch.
- 19:20Our friend Henoch, I don't know how to pronounce it now I'm
- 19:23confused. But our friend, he calls me his
- 19:25granddaddy. I was impressed by this.
- 19:28I had no idea. As a as an older gentleman, I
- 19:33like Yahoo Finance. OK, so I was out looking at
- 19:36Yahoo Finance last night and now today's.
- 19:39Is it today or tomorrow? But I think it's tomorrow.
- 19:42I'm getting everything mixed up. Tomorrow is Susie's birthday.
- 19:45But if you go to Yahoo Finance, I was shocked by this.
- 19:48And you type in the search bar UFD.
- 19:51OK, I had I had no idea. It actually pulls up our well,
- 19:58it did come on. There it is.
- 20:01It pulls up our it pulls up our coin.
- 20:04OK, look at this. I mean, it's unbelievable.
- 20:07I like, I couldn't believe this. I'm like, there's and there we
- 20:09are, right? Hang in there guys.
- 20:12Hang in there. We are forging right now, but
- 20:15like Yahoo Finance, the same place where you go to look at
- 20:19let's say Apple stock, right? Look at that 222 it's up.
- 20:27But I was just, I mean, what is we've made it right, We're
- 20:32established we're not going anywhere anytime soon.
- 20:37We are here to stay, right? And the fact that we, I mean, I
- 20:40know it's may sound small and trivial to you, but as a, as an
- 20:44almost boomer, when I went on Yahoo finance and I see Unicorn
- 20:48fart dust actually comes up in the search bar.
- 20:52It tells me that we got things going on right and we're still
- 20:55winning polls. I talked, we talked about what
- 20:57does that mean, right? Let's go take a let's do an
- 20:59update here. OK, hopefully you're still
- 21:12there. We have a little technical
- 21:13problem. OK, We're still listen to this.
- 21:19It says I've never seen UFD lose a pole since the coin came out.
- 21:24Think that doesn't mean anything?
- 21:25Try the official Ledger meme tournament where UFD came in
- 21:28first as well. Lesson in that.
- 21:30The lesson is that is that even though UFD hasn't lost a pole,
- 21:34when a meme corner the token. Yeah, that's what Kellogg says.
- 21:37No, the lesson in that is that UFD continues at three months
- 21:44old to win meme coin polls, and there was a new one out.
- 21:48Darn it, did I miss it? Where did it go?
- 21:51Well, there was the new one that was out.
- 21:53See, I'm probably not going to pull it out, but we'd made it
- 21:57last I'd heard to the semifinals, OK.
- 22:00And, and, and and we were doing very well.
- 22:03And the fact that we continue to win these polls does say, right,
- 22:07that this community is here to stay.
- 22:09So thank you, guys. Please keep that up.
- 22:11It's time to do Duster of the Day.
- 22:13OK, Duster of the day in today's duster of the day is our friend
- 22:18JB Starship. There's his Twitter profile.
- 22:24There we go JB Starship. He's a he's a hardcore UFD
- 22:29supporter has been for a while. But what I love about JB
- 22:33Starship is this game that he made.
- 22:36If you guys check this out yet, you can go to his please go out
- 22:39there right? Follow him.
- 22:41I'll put out a a tweet here in a little bit, but let's go take a
- 22:44look at the game. OK, I'm going to press play
- 22:48again in this game that JB Starship put up is collect the
- 22:58Jelly beans. Oh no, my all right, I died.
- 23:04Sorry, they gave to me. Let's try that again.
- 23:08Here we go. There's a bean.
- 23:14You got to collect the beans. I got one, got 1.
- 23:18I don't know what this does that make me bigger or something.
- 23:22Oh, there's a big bean. So this is an awesome game.
- 23:26This is a great example of hold on.
- 23:31All right, so I died. A great example of things that
- 23:36are going on in the community by people like you to help spread
- 23:41the dust, to help spread the word.
- 23:43There's a guy who said, hey, I think I could make a game for
- 23:46Unicorn fart Dust. He took some action, made the
- 23:48game OK. It's helping people learn more
- 23:51about UFD. It's the value that we create,
- 23:55right? I mean, we are good, attracts
- 23:57good. You know that that's important.
- 23:59We are honesty, we are integrity, we are prosperity.
- 24:03We're also transparency, right? But on top of that, we have a
- 24:08lot of fun together. We have a community that
- 24:10supports one another. We have a community that's there
- 24:15for each other. We have a community that that
- 24:18that creates music, art, games, everything under the sun.
- 24:23People are stepping up. I understand, right?
- 24:27It's been a very difficult time in crypto.
- 24:30But I know I don't know people. I don't want to be negative or
- 24:32being real, right? It's been a difficult 5 or 6
- 24:35weeks, 7 weeks, right? But you as a community continue
- 24:39to step up. JB Starship, look, you are doing
- 24:43a lot for the community. We appreciate you.
- 24:45You are the duster of the day. I want everybody to join me in
- 24:49helping me to install his golden horn.
- 24:52Congratulations, JB Starship. Everybody go out there and and
- 24:57and and and give him a follow. Hey, let's look at something
- 25:00fun. You know, I love David Golkstein
- 25:03and one of the people that works for him.
- 25:07I think this is actually pretty cool looking.
- 25:09I love David Put this picture out last night.
- 25:13Hold on here. There we go.
- 25:15We're going to feature this today.
- 25:19David, you're the Co duster of the day.
- 25:21David Goekstein, one of his people said breaking Hooters is
- 25:24officially filed for bankruptcy. There's and it says David is
- 25:27going to kill me. I think that's a good picture of
- 25:30the guy. He'd buy some wings from him,
- 25:32wouldn't you? I might even add on a a fountain
- 25:34drink or something like that. But David's been a big supporter
- 25:38of UFD. I put a comment under this said,
- 25:41well, you know, if you're, if you're willing to wear a Hooters
- 25:44outfit, maybe we can get you into a Unicorn onesie at some
- 25:49point when we come and visit you in New York City.
- 25:51So I just thought that was fun. And I love that guy.
- 25:56He's a great man. I'll have to get him on the live
- 25:57stream again sometime soon. Then he also put out this
- 26:01yesterday. When it comes to crypto, big
- 26:04changes are going on in the world right now.
- 26:07And again, his media company put this out.
- 26:09That was just in yesterday, Senator.
- 26:11Senator Tommy Tuberville plans to introduce a bill that would
- 26:16allow Americans to invest their retirement savings into
- 26:20cryptocurrency. I mean, Can you imagine that?
- 26:25Now? It's just a bill that's been
- 26:27proposed. So this isn't a law as of yet,
- 26:30but all over the world. Are you seeing it right?
- 26:34Yesterday we talked about Japan in Spain.
- 26:37I think it was Spain. Well, we did some Spain.
- 26:39There was one from France. France is investing.
- 26:41We know what's going on in the United States right already
- 26:45with, with our, with our current administration.
- 26:48And now we have we have senators proposing to allow Americans to
- 26:53invest their savings, their their retirement savings into
- 26:57crypto. The world is changing very
- 26:59quickly. You know, I was trying to
- 27:00explain to somebody yesterday about tokenization of things
- 27:04like real world tokenization and and and how crypto is this that,
- 27:10you know, most people don't understand this person.
- 27:12She has a masters degree, smart, you know, whatever masters
- 27:16degree. I'm not real big on degrees,
- 27:19although I have a bachelors degree, but nonetheless, I was
- 27:22trying to explain to her how like the, the the blockchain
- 27:25allows that all types of opportunities for D Phi.
- 27:29Because I started reading about this thing decentralized
- 27:32finance, right, which I understood what the the
- 27:36benefits, but I didn't put it together that that's what people
- 27:38are referring to with D Phi that the blockchain allows, right?
- 27:43This ability to cut out a lot of the BSA, lot of the skimming and
- 27:48scamming that goes on in the current financial system, the
- 27:52banks, right? I mean, imagine this.
- 27:55I tried to explain it to her. I said like, like if you're from
- 27:58Mexico and you're here working and you want to send money back
- 28:03to your family in Mexico, Previously you were in this
- 28:08situation where you would have to like pay like 8% fee the
- 28:12Western Union or one of those money transfer places.
- 28:16Whereas now you can transfer that money essentially for free,
- 28:20right with the, with the, with the, with, with the blockchain
- 28:23and that that's a big, big deal. And even on things like like
- 28:27tokenizing the, the, the, the titles on your houses and
- 28:31cutting out title insurance, like this is a massive, massive
- 28:35thing that's happening in our world right now.
- 28:38There are really legitimate big benefits, efficiency benefits,
- 28:43accuracy benefits, right to tokenization to decentralized
- 28:48finance. To me, as I'm learning more and
- 28:51more about this, it's almost like how like when the Internet
- 28:55first came out, I remember that in the mid 90s people were like,
- 29:00what? That doesn't make sense.
- 29:01I'll tell you a quick story in 1999 and I worked in the tech
- 29:05field. I remember, I think it was a
- 29:07story about Bill Gates was building this new mansion up in
- 29:12Seattle, I think it was. And he talked about how in the
- 29:15future that our houses, even our appliances and our garage door
- 29:20openers and our doorbells and all this stuff would be
- 29:24connected through the Internet. And I remember I was a young
- 29:27man, so my mind was probably more open now than that.
- 29:30Then that it was even I remember thinking that sounds insane.
- 29:34That doesn't make sense. How could you have your doorbell
- 29:38connected to a computer? Does you know, whatever make.
- 29:41And guys, it's kind of the same thing that I think a lot of
- 29:43people including myself, right, who don't really understand, you
- 29:48know what I call it, I call it I'll give you a quick lesson,
- 29:51contempt prior to investigation. Everybody I think to 1° or
- 29:56another, if we don't understand something, it's easy to be
- 30:00suspicious of it. Sorry, I got off on a little
- 30:03tangent there, but I think it's very, very interesting.
- 30:06Let's talk about the general economy.
- 30:08Warning. Warning because what's going to
- 30:11happen is liquidation and money printing.
- 30:14But now let's go out to CNBC and say what?
- 30:17See what they're saying. I've told you guys, let's go
- 30:20back here. I've warned you about the S word
- 30:23for almost a year and a half. Stagflation.
- 30:25We are in a stagflationary environment and now even the the
- 30:31leader in in business news, CNBC is talking about it.
- 30:38Let's go out to their article here, OK?
- 30:42It says first quarter gross domestic product growth will be
- 30:46just .3% as tariffs stroke, stagflation conditions, says the
- 30:53CNBC survey. OK, economic growth in the first
- 30:57quarter just .3%, OK, which was a forecast from 14 economists.
- 31:02So that's like stagnant. That means no growth, not
- 31:05negative, not positive, pretty much barely positive at .3%.
- 31:10But the survey also shows core PC, core PCE inflation, which is
- 31:18the the one that the Fed looks at most closely will remain
- 31:23stuck around 3% for most of the year.
- 31:26OK, back up here. So we have an economy that is
- 31:29not growing at all. And then on top of that, we have
- 31:33the quote UN quote official government numbers for inflation
- 31:37at 3%. Let me let me let you guys end
- 31:40this dour forecast come as a decline in consumer and business
- 31:45sentiment from the emerging trade war is showing up in real
- 31:49economic activity. Wow, there's a lot to unpack
- 31:52there OK guys, what this means put on your thinking cap for one
- 31:57second. The government OK, or these 14
- 32:01economists are saying no growth. I can tell you right the GDP
- 32:05numbers, everybody knows all these numbers from the
- 32:08government are BS. So that's overstated most likely
- 32:12.3%. On top of that, now we have a 3%
- 32:16inflation rate. That's according to the the BLS,
- 32:19the Bureau of Labor and Statistics.
- 32:22Although what I hear, I'm not saying this, but what I hear is
- 32:25it on Wall Street, they like to refer to that as the Bureau of
- 32:28Lies and Statistics. But none the less, if we got in,
- 32:31we got an economy that's not doing anything and inflation
- 32:36that's up here, OK, that's stagnant.
- 32:39Stag inflation, inflation, stagflation.
- 32:44Remember, mark my word, that in the end will be very good for
- 32:50things like silver, gold and cryptocurrency.
- 32:54Because at the end of the day, they're going to have to print
- 32:57money. There's no way around it.
- 32:58There's no way around either. They're going to print money.
- 33:01I don't want to be at the doomsayer here, but the the ship
- 33:05has sailed, OK? Either they're going to have to
- 33:08print money or we're going to go into a very bad recession.
- 33:13Very bad recession. Might I even say almost a
- 33:17depression. Nobody talks about depressions
- 33:19anymore, but that's not out of the question.
- 33:22I'm not saying that's going to happen.
- 33:23I'm not predicting. What I'm predicting, and I'm
- 33:25usually accurate to about 66.3%, is that they're not going to let
- 33:30us go deep into a recession right now.
- 33:33What Trump is doing is forcing this guy, right, this guy to
- 33:40take action. Trump loves drama.
- 33:43Trump loves borrowing money. Trump loves spending money.
- 33:48OK, so he's forcing Jerome at the Federal Reserve, who
- 33:52controls the nation's monetary policy.
- 33:55OK, You got the, you got the government.
- 33:57That's called fiscal policy. That's a big cluster bomb, as
- 34:02you know, and you've got the situation going on with the doge
- 34:05thing and cutting all this stuff and blah, blah, blah, which
- 34:09which isn't really going to make a big I'm I'm I'm in favor of
- 34:12efficiency and no doubt about it, but it's not going to fix.
- 34:16It's not going to fix the big problem we have.
- 34:19It's like, it's like you and your house on the verge of
- 34:22bankruptcy and and then suddenly you say, you know what, honey,
- 34:25maybe we'll stop going out to eat five nights a week.
- 34:28We're going to cut that back to three nights a week.
- 34:30Well, that's great, but you're still in big, big trouble
- 34:33financially. And that's the fiscal situation
- 34:36right now in the United States. It's ugly there.
- 34:39He's going to have he's going to force the Fed into a situation
- 34:43where they provide massive liquidity to the US economy and
- 34:48that will filter through into the into the crypto market, into
- 34:53a lot of different markets. A very, very fertile ground for
- 34:56all of those. The other thing I want to touch
- 34:59on with you guys was yesterday was supposed to be this big
- 35:02silver squeeze. I don't think it had much impact
- 35:05at all. You know, I love silver.
- 35:07Silver in my opinion, and I read this again last night, silver's
- 35:11much more the original form of money in the world than anything
- 35:15else than gold included. Everyone says, oh, gold, gold
- 35:17and gold is, you know, kind of the, the, the Bitcoin of the
- 35:21real world long term 5000 year history store of value.
- 35:26But silver was used as money way before gold and used as money
- 35:31weight much more than gold over the Millennium.
- 35:34So there's silver as a result has been one of the most
- 35:37manipulated markets in the history of the world.
- 35:40And there are people who spent decades studying silver,
- 35:44improving that over the last number of decades that it has
- 35:46been super manipulated. But there were supposed to be
- 35:49the silver squeeze yesterday. It didn't really catch on.
- 35:53It didn't go anywhere. But that's not that's that's OK.
- 35:56And let me tell you why because the retail investing segment of
- 36:01silver is just a small fraction of the overall silver picture.
- 36:06The reality for silver is into the world because silver is used
- 36:09in everything. Electronic solar panels, medical
- 36:14silvers, antimicrobial. Silver is like the most
- 36:16versatile metal. I think it has more patents
- 36:19include silver than any other metal And you know that with AI,
- 36:23with electric cars, with solar growth, the demand for silver is
- 36:28far outstripping the amount that the world can supply.
- 36:32That's going to be the critical thing as we move into the coming
- 36:35years that I think will impact the silver price that in the
- 36:39fact think about this in 19, I think what was it 1980 or 2011 a
- 36:47couple times silver hit around $50 per oz, Silver trades around
- 36:51$34 per oz. Right now.
- 36:54Silver is like one of the only assets in the world that has
- 36:57that hasn't gone past an all time high, especially when you
- 37:00factor in that these all time highs were 1415 years ago.
- 37:04Anyway, I digress. Have a great day.
- 37:06Thank you for being here, Dusters.
- 37:08OK, You're an important part of this community.
- 37:11This is not possible without you.
- 37:14OK? Be good to yourself.
- 37:15Have a good day. Let's go out to the comments
- 37:17section for a few minutes. We've been having fun doing
- 37:20this. See what's going on in the
- 37:22comments. OK, buy and hold before the
- 37:24whales. Here we go.
- 37:26Let's take this one up. All right, buy and hold before
- 37:30the whales enter again. You have D forever.
- 37:33Yes, thank you, my friend. Let's see here.
- 37:44All right, there's Susie. Thank you for being here.
- 37:48All right, All right, guys, we're going to sign off.
- 37:52There's Haley. Hello, Haley.
- 37:53Hello, UFD Corral Skeleton Jazz. DJ Litmus.
- 37:58Good to see you, DJ. Looking forward to your show
- 38:00Friday night, the UFD. Good morning.
- 38:03Elizabeth is here. Wow.
- 38:04Elizabeth Grace talked with her last night.
- 38:07Thank you, Elizabeth, for everything you're doing for the
- 38:09community. There's Susie, whose birthday is
- 38:12tomorrow. Happy birthday, Susie.
- 38:15Yeah, guys, please help me. Wish Susie a happy birthday
- 38:18tomorrow. All right, Nate, Good to see
- 38:20you. Carpenter Patriot, Wayne
- 38:22Cordova. All right, guys, we're going to
- 38:24end for now. Thank you for being here.
- 38:26Thanks for being part of the basement.
- 38:28Have a great day. Keep our attitudes positive.
- 38:31We got a lot to be grateful for. I've been reading this great
- 38:35book about community building and it was talking about Oprah
- 38:40Winfrey last night. And you know, she's been
- 38:43successful like her and I'm not making any statement, but she
- 38:47brought up a good point that like, like thinking positive,
- 38:51the importance of thinking positive as you, as you go
- 38:54through your daily lives. You know what I like to do?
- 38:56I almost forgot, hold on. I got my list here.
- 38:59We got to do the three second smile dusters.
- 39:01That's where we all look at each other and smile for three
- 39:04seconds, which I always feel corny, but people like it.
- 39:09Do you like it? Doesn't it feel good to smile?
- 39:12Keep smiling with me here. We're gone way over 3 seconds.
- 39:15It's a big deal, OK, Good at tracks good.
- 39:18Like share, subscribe. I got a list of what I'm
- 39:20supposed to say. Number one, please be good to
- 39:24yourself. Keep smiling, OK?
- 39:26We're we're going to be we're we're we're going to be a
- 39:28community for a long, long time. I appreciate you being here.
- 39:32All right. And I will look forward.