Latest / The Paul Barron Crypto Show / Cathie Buys Fear📉Crypto Market Crash Update

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Cathie Buys Fear📉Crypto Market Crash Update · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Kathy Wood is buying fear in the market and we
• 0:02
  Speaker 1: are talking about it. The sharks are in the water.
• 0:05
  Speaker 1: Let's take a look. I do want to thank our sponsor,
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  Speaker 1: link down below. Help us out there. Let's get into
• 0:31
  Speaker 1: a lot of what's happening in the market right now.
• 0:33
  Speaker 1: So let's start off with this right here. And this,
• 0:36
  Speaker 1: of course is a post by Matt Hogan Crypto Winder
• 0:39
  Speaker 1: started in January of twenty twenty five. This is a
• 0:43
  Speaker 1: little bit of a downpost, and I just want to
• 0:45
  Speaker 1: be clear. You guys have seen Matt on our show
• 0:47
  Speaker 1: many times. He is very and has been very bullish
• 0:51
  Speaker 1: all through twenty twenty five. So maybe it was a
• 0:55
  Speaker 1: realization for him that we are in a crypto winter,
• 0:58
  Speaker 1: and he said it right here. This is not a
• 1:00
  Speaker 1: bull market correction or a dip. It's a full bore
• 1:02
  Speaker 1: twenty twenty two, like Leonardo DiCaprio Revenant style crypto winter.
• 1:07
  Speaker 1: He is definitely in a position right now that I
• 1:10
  Speaker 1: think he was not in in his past interviews with me,
• 1:13
  Speaker 1: and that was very bullish. So I kind of look
• 1:16
  Speaker 1: at where Matt is coming from right now. Remember, he's
• 1:19
  Speaker 1: now kind of come to the conclusion that he's accepting
• 1:23
  Speaker 1: this as being a very incredibly clarifying moment, and a
• 1:27
  Speaker 1: couple of other points he gets into right here. So
• 1:30
  Speaker 1: when will this end come? Here's the good news. We're
• 1:32
  Speaker 1: closer than you think.
• 1:33
  Speaker 2: Now.
• 1:34
  Speaker 1: I don't know, Matt. I look at you know, many
• 1:36
  Speaker 1: of our interviews you've been very very pro pro pro
• 1:40
  Speaker 1: and bullish. Now we're in a position where we're in
• 1:43
  Speaker 1: a dead winter zone, and yet we're closer than we think.
• 1:48
  Speaker 1: I don't know. I'm just saying, how do we know
• 1:50
  Speaker 1: that is the case? We could we continue on down
• 1:53
  Speaker 1: the line. And I think that's the question everybody's asking,
• 1:55
  Speaker 1: because right now many of the best investors out there
• 1:59
  Speaker 1: are as absolutely getting wrecked. Here, of course, is Tom
• 2:03
  Speaker 1: Lee breaking down his position.
• 2:06
  Speaker 3: Take a look when you look at June, when Ethering
• 2:09
  Speaker 3: must exactly at this price. Active address this is up
• 2:12
  Speaker 3: like one hundred and fifteen percent. Daily transactions are up
• 2:15
  Speaker 3: seventy seven percent. Total value lock in terms of real
• 2:18
  Speaker 3: word assets is up like fifty percent.
• 2:20
  Speaker 1: Yep, so twenty three billion this the past thirty days.
• 2:23
  Speaker 3: Yeah, so this is the opposite of what I would
• 2:26
  Speaker 3: consider to be a crypto winter.
• 2:32
  Speaker 1: What is he talking of? Opposite of crypto? I can't
• 2:36
  Speaker 1: figure out what Wall Street is trying to do to
• 2:39
  Speaker 1: me right now. It's like up is down, down is up.
• 2:42
  Speaker 1: I'm not really sure where they're going with this. Guys.
• 2:45
  Speaker 1: This is a full on bear market and we are
• 2:49
  Speaker 1: in it. Here's a poll for you. How low will
• 2:52
  Speaker 1: bitcoin drop? Well, let's go ahead and figure us out ourselves. Well,
• 2:55
  Speaker 1: let's look at the market here. We got a sub
• 2:58
  Speaker 1: sixty five is in the cards I considering right now
• 3:01
  Speaker 1: we're recording and it's seventy three k. We've been down
• 3:04
  Speaker 1: closer to the seventy k right now, we're submaster. Right now,
• 3:08
  Speaker 1: we're submaster. So I am going in on a sub
• 3:11
  Speaker 1: sixty Who everybody else thinks we're going to sub fifty
• 3:15
  Speaker 1: a sub fifty. If we get into a sub fifty,
• 3:18
  Speaker 1: are you buying that kind of dip with bitcoin. This
• 3:22
  Speaker 1: would be some times that we have not seen in
• 3:24
  Speaker 1: a while, because that would be a well over sixty
• 3:27
  Speaker 1: percent drop on bitcoin in general. Here's Jason Pazzino kind
• 3:30
  Speaker 1: of hitting on all the markers. This is the point
• 3:32
  Speaker 1: I'm getting at. He hits on all these failed bitcoin narratives.
• 3:35
  Speaker 1: I totally agree with this line list is ridiculous. Just
• 3:37
  Speaker 1: look at that five year cycle. Remember that one I
• 3:40
  Speaker 1: was a good one must have blowoff top, Remember that
• 3:41
  Speaker 1: one DeFi summer NFTs inflation. All of this, you guys
• 3:45
  Speaker 1: have heard all of these people talking about this QT
• 3:49
  Speaker 1: inning q's QE starting. The one thing that is not
• 3:52
  Speaker 1: here that I think matters most is simple, and that
• 3:56
  Speaker 1: is clarity. Guys, we are there, We are at that
• 3:59
  Speaker 1: point right now. Clarity is the number one and only
• 4:02
  Speaker 1: thing that matters for global crypto around the world is
• 4:05
  Speaker 1: what happens in DC in the next few weeks between
• 4:10
  Speaker 1: the banks and of course the crypto cabal. So now
• 4:14
  Speaker 1: this puts a lot of investors in a reflection moment,
• 4:19
  Speaker 1: and the reflection moment is how do I play this out.
• 4:21
  Speaker 1: Here's a clip talking about that from Kathy would take a.
• 4:24
  Speaker 4: Look I think investings that the pendulum shift is going
• 4:30
  Speaker 4: to move back to longer term time horizons. We're what
• 4:35
  Speaker 4: many analysts are struggling with right now is the short
• 4:40
  Speaker 4: term time horizon they have. From our point of view,
• 4:43
  Speaker 4: we have a five year investment time horizon, and we
• 4:47
  Speaker 4: think the payoffs going to be not five years. We're
• 4:51
  Speaker 4: going to start seeing We've already started seeing productivity gain,
• 4:55
  Speaker 4: and so productivity is close to two percent on a
• 4:58
  Speaker 4: year over year basis, which is fairly strong for this
• 5:02
  Speaker 4: time in the cycle. We think that's going to accelerate
• 5:05
  Speaker 4: to the five to six percent range as manufacturing comes back,
• 5:09
  Speaker 4: as the entire global economy recovers from I think the
• 5:16
  Speaker 4: vestiges of an interest rate cycle that really hurt. And
• 5:21
  Speaker 4: while GDP didn't show it, and so if you don't
• 5:25
  Speaker 4: dig beneath that headline growth rate, you can't understand this.
• 5:32
  Speaker 4: When you talk to companies, you definitely understand it, all right.
• 5:36
  Speaker 1: So I agree with Kathy there in the sense that
• 5:39
  Speaker 1: there is an architecture that may be brewing right now,
• 5:44
  Speaker 1: and this is really about Trump and him trying to
• 5:47
  Speaker 1: onshore industrial productivity and what that's going to look like
• 5:51
  Speaker 1: for manufacturing just to the ism data that we just mentioned.
• 5:54
  Speaker 1: But I think the bigger point she's hitting on right
• 5:57
  Speaker 1: here is that long term bag holding is back in vogue.
• 6:00
  Speaker 1: And of course I think if you are looking at
• 6:02
  Speaker 1: long term investing, you still are in the right place.
• 6:06
  Speaker 1: The difference is is now you many of you have
• 6:10
  Speaker 1: been looking at crypto for a long time, so maybe
• 6:12
  Speaker 1: this is the shot at trying to catch the next bottom.
• 6:16
  Speaker 1: Now when that bottom hits is the real question. One
• 6:19
  Speaker 1: indicator that is not playing to our advantage unless you're
• 6:22
  Speaker 1: invested in metals, of course, is bitcoin versus gold. Bitcoin
• 6:27
  Speaker 1: versus gold. Following recent market shift, gold is now outperforming
• 6:30
  Speaker 1: Bitcoin over the five year horizon. Peter Shift has bought
• 6:33
  Speaker 1: a yacht, please, and we're at that point right now.
• 6:37
  Speaker 1: Shift has been on our show many times talking about
• 6:40
  Speaker 1: this very issue. The outperformance is definitely playing out this year.
• 6:43
  Speaker 1: So I do agree Bitcoin continues to languish right now
• 6:47
  Speaker 1: as it is suffering against gold, even after gold's major
• 6:51
  Speaker 1: retracement and then a bounce along with silver making double
• 6:54
  Speaker 1: digit bounce numbers. These are the kind of things that
• 6:57
  Speaker 1: happen to crypto meme coins, and we're seeing in the
• 7:00
  Speaker 1: metals market right now, so you can see there's definitely
• 7:03
  Speaker 1: some movement. Now, what did Kathy would say about gold
• 7:07
  Speaker 1: versus bitcoin? Take a look.
• 7:09
  Speaker 4: First thing, you should know bitcoin and gold are not correlated.
• 7:13
  Speaker 4: If you look at the last two cycles gold led bitcoin,
• 7:17
  Speaker 4: it has only been it has never been higher. It
• 7:20
  Speaker 4: hit a new all time high, all time high this week.
• 7:25
  Speaker 4: Gold is probably riding for a fall because the last
• 7:29
  Speaker 4: two times it was anywhere near this was in the
• 7:33
  Speaker 4: massive inflation, so double digit inflation in the seventies early eighties,
• 7:39
  Speaker 4: and before that the Great Depression. That's like emerging market
• 7:44
  Speaker 4: kind of devaluation. Right back in nineteen thirty four, the
• 7:48
  Speaker 4: government confiscated private gold, didn't allow any more private ownership
• 7:54
  Speaker 4: of gold, and money supply collapsed. Now we're not in
• 7:58
  Speaker 4: anything like the of those two worlds, and yet gold
• 8:02
  Speaker 4: is where it is. I think if I were a
• 8:06
  Speaker 4: betting person, and I can't give advice necessarily, but I
• 8:11
  Speaker 4: would make a shift from gold into bitcoin because I
• 8:14
  Speaker 4: do think the knocks on bitcoin in the last year
• 8:18
  Speaker 4: have been stable. Coins are taking some of the role
• 8:21
  Speaker 4: that bitcoin was going to play in emerging markets. That's true,
• 8:24
  Speaker 4: but that's not forever. That's just for the equivalent of
• 8:28
  Speaker 4: a checking account. When they want real savings, they're going
• 8:32
  Speaker 4: to buy bitcoin.
• 8:34
  Speaker 1: I don't think so, Kathy. I'm on the upper opposite
• 8:37
  Speaker 1: side of this. Right now, we are looking at a
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  Speaker 1: global shift. Remember, the geopolitical powers are now being diced
• 8:44
  Speaker 1: up across the world. And one of the things that
• 8:47
  Speaker 1: many of these sovereign nations are doing is they are
• 8:50
  Speaker 1: falling back into the one asset tier one asset, and
• 8:53
  Speaker 1: that has been gold. Now does it continue up that?
• 8:57
  Speaker 1: I don't know. What I do know is it's performing
• 8:59
  Speaker 1: and we'll can continue to perform better than bitcoin because
• 9:02
  Speaker 1: now we are in a different time than we were
• 9:05
  Speaker 1: in twenty twenty one, the last time Bitcoin had major
• 9:07
  Speaker 1: highs outside of last year. That I think is definitely
• 9:11
  Speaker 1: not necessarily the way it's going to play out. I
• 9:13
  Speaker 1: think gold is going to position a little bit stronger.
• 9:15
  Speaker 1: Now does it get the big lift? If you catch
• 9:17
  Speaker 1: bitcoin at the bottom and we cycle in, Bitcoin will
• 9:21
  Speaker 1: have its run. It's going to have a major run
• 9:24
  Speaker 1: and it will most likely outperform gold at that time.
• 9:27
  Speaker 1: But is this the time to do it? Let me
• 9:29
  Speaker 1: know what you guys think, Bitcoin or gold down in
• 9:32
  Speaker 1: the comments. I always love to get insights from you,
• 9:35
  Speaker 1: because I think this is a big one. Now, she
• 9:37
  Speaker 1: goes on further to talk about the other elephant in
• 9:41
  Speaker 1: the room, and that of course was the ten ten
• 9:43
  Speaker 1: crash and how its effect is still happening. Take a look.
• 9:48
  Speaker 4: But on October tenth, there was the flash crash caused
• 9:51
  Speaker 4: by a software glitch at Binance, and there was an
• 9:56
  Speaker 4: auto de leveraging event. People were just you know, march
• 10:00
  Speaker 4: called to the tune of about twenty eight billion dollars.
• 10:04
  Speaker 4: We know some of the entities that were caught up
• 10:07
  Speaker 4: in that, they were caught flat footed, and we think
• 10:10
  Speaker 4: that is just now washing through the system. So if
• 10:14
  Speaker 4: you're looking for something that has weighed on it recently,
• 10:17
  Speaker 4: we do think that happened.
• 10:20
  Speaker 1: All right, So I okay, yes, that is the case.
• 10:23
  Speaker 1: You got to remember though, that is coming from Kathy Wood.
• 10:26
  Speaker 1: Great investor, and she's a great investor because she knows
• 10:29
  Speaker 1: how to talk her book. And if you look at
• 10:31
  Speaker 1: the investment lineup that she's been in for quite some time,
• 10:34
  Speaker 1: well you've got Circle at the top right there, Bit Minor, Bullish,
• 10:38
  Speaker 1: and of course Block and even Coinbase. All of these
• 10:42
  Speaker 1: have been on her line list for quite some time.
• 10:45
  Speaker 1: And even others that are very pro crypto here in
• 10:47
  Speaker 1: the US. So you know, I think futding finance is
• 10:49
  Speaker 1: a perfect and natural evolution. If you're looking at investing
• 10:53
  Speaker 1: B and B would not be one of them if
• 10:55
  Speaker 1: you were a Kathy would you know investor? So think
• 10:58
  Speaker 1: about that the other things she hit on here, which
• 11:00
  Speaker 1: is good against consensus thinking these todays, Bitcoin eight, Solana,
• 11:05
  Speaker 1: perhaps hyper liquid could be good diversifiers now that I
• 11:08
  Speaker 1: agree with, because I think we are going to see
• 11:10
  Speaker 1: some rotation into some of these assets as they start
• 11:14
  Speaker 1: to fall and we get better prices. Now, the question
• 11:17
  Speaker 1: is is where does Eth go to? Man Tom Lee
• 11:20
  Speaker 1: has got to be in pain right now as Eth
• 11:22
  Speaker 1: is well under its analyst anticipation. And then of course
• 11:26
  Speaker 1: you've got hyper liquid. And remember hyper liquid rotated into
• 11:30
  Speaker 1: the top position in terms of open interest over Binance,
• 11:34
  Speaker 1: and of course a lot of that has been coming
• 11:36
  Speaker 1: on from what has been happening in the cryptodrama scene
• 11:40
  Speaker 1: over the last few weeks. So hyper liquid could be
• 11:43
  Speaker 1: as many people are getting into now when they get
• 11:46
  Speaker 1: you know, kind of spooked within the centralized exchanges, they
• 11:49
  Speaker 1: do look at what's happening in DeFi hyper liquid winning
• 11:52
  Speaker 1: that one. Let's go into this though right here, because
• 11:55
  Speaker 1: this is another point that she hits on. Arec invested
• 11:58
  Speaker 1: and deployed even more in to crypto stocks like Robinhood
• 12:01
  Speaker 1: and core Weave, So we're going to see more of this,
• 12:03
  Speaker 1: and remember core Weave huge into and connected with Nvidio
• 12:07
  Speaker 1: and that whole rotation of what we've seen in the
• 12:09
  Speaker 1: AI space. I'm still soft on whether or not we're
• 12:12
  Speaker 1: going to see a full blown AI pullback, because that'll
• 12:15
  Speaker 1: be the question if we see a major pullback on
• 12:18
  Speaker 1: the S and P five hundred. These loads that we're
• 12:21
  Speaker 1: experiencing right now, guys are just the beginning, So just
• 12:24
  Speaker 1: be aware that's the kind of potential market implosion we
• 12:28
  Speaker 1: could be facing. Be very very cautious out there right now.
• 12:33
  Speaker 1: Trump wants a US economy to keep out performing, but
• 12:36
  Speaker 1: he also wants a weaker dollar to support reindustrialization. The
• 12:40
  Speaker 1: way that works is it costs less for the US
• 12:42
  Speaker 1: when we onshore country companies and manufacturing back into the
• 12:45
  Speaker 1: United States. This does correlate with what he and Bessent
• 12:50
  Speaker 1: have kind of been constructing for some time. There is
• 12:53
  Speaker 1: a happy medium though that they have to kind of
• 12:56
  Speaker 1: walk they cannot go two week on the dollar because
• 12:59
  Speaker 1: then you have problems where other countries and sovereigns will
• 13:02
  Speaker 1: start to exit US treasuries, all sorts of impacts that
• 13:06
  Speaker 1: could happen from an economic standpoint. The other thing that
• 13:09
  Speaker 1: plays into this is you have to stay and maintain
• 13:12
  Speaker 1: dollar domination. We'll get into that in a minute around
• 13:15
  Speaker 1: stable coins. But I want to play a clip for you.
• 13:18
  Speaker 1: This is by Andre Jik and he talks about the
• 13:21
  Speaker 1: financial America, what it was and what we are maybe
• 13:25
  Speaker 1: going to, which is more of a productivity America.
• 13:28
  Speaker 5: Take a look, because there's really two different US economies. Right,
• 13:32
  Speaker 5: this is the one that's built on a strong dollar,
• 13:35
  Speaker 5: cheap imports, rising asset prices, and expanding debt. Well, then
• 13:39
  Speaker 5: there's the other side of America, the productive America. This
• 13:43
  Speaker 5: is the version that actually builds things, produces energy, runs
• 13:47
  Speaker 5: the factories, right, makes the stuff the world needs. But
• 13:51
  Speaker 5: there's a trade off. If the US wants to get
• 13:54
  Speaker 5: back to that America to rebuild its industry, it doesn't
• 13:57
  Speaker 5: benefit much from a stronger dollar. So from that perspective,
• 14:02
  Speaker 5: the US might want a weaker dollar because it lowers
• 14:05
  Speaker 5: the real burden of debt over time. Right, it makes
• 14:08
  Speaker 5: making stuff at home more competitive with the rest of
• 14:11
  Speaker 5: the world. It pushes money capital toward real output and
• 14:17
  Speaker 5: real assets instead of just more financial speculation, which more
• 14:21
  Speaker 5: so benefits industries like the banking industry because the banks
• 14:24
  Speaker 5: profit more from high interest rates, dollar dominance and global lending.
• 14:30
  Speaker 5: So the two are kind of in conflict. If you
• 14:32
  Speaker 5: want to win as a country, that's how you play
• 14:35
  Speaker 5: the game long term, right, you build real things. That's
• 14:39
  Speaker 5: what China did, and that is.
• 14:40
  Speaker 1: The challenge that we will be faced with because I
• 14:43
  Speaker 1: don't think they're backing off of this, and it's clear
• 14:46
  Speaker 1: by a lot of the things that Trump is kind
• 14:49
  Speaker 1: of forecasting and giving in terms of signs of where
• 14:53
  Speaker 1: he's heading. Here's a good example from the White House,
• 14:56
  Speaker 1: and this is Project Vault, which is a critical mineral
• 14:59
  Speaker 1: stockpile for American businesses. This of course gets into the
• 15:02
  Speaker 1: whole idea of raw materials that are going to be
• 15:04
  Speaker 1: needed in manufacturing so we don't end up with a
• 15:07
  Speaker 1: lot of these disruptions. And we're talking about mostly the
• 15:10
  Speaker 1: chip industry, the battery industry, all those this plays into it.
• 15:13
  Speaker 1: I've got a clip that kind of explains a little
• 15:15
  Speaker 1: bit more.
• 15:15
  Speaker 6: Take a look, hey, Joe, is this kind of akin
• 15:18
  Speaker 6: to something like the SPR the Strategic Petroleum Reserve? Okay,
• 15:21
  Speaker 6: it is for an investing audience who's listening and watching
• 15:24
  Speaker 6: right now. Does that mean basically the US is saying,
• 15:26
  Speaker 6: you know, we're going to support you guys, at least
• 15:28
  Speaker 6: in this administration.
• 15:31
  Speaker 2: Yeah? Yeah, I think you have this seed money. Right
• 15:35
  Speaker 2: there's about one point six billion that's private capital alongside
• 15:39
  Speaker 2: this ten billion that's going to be from a loan
• 15:42
  Speaker 2: from the Export Import Bank in the United States. And
• 15:45
  Speaker 2: we've seen some of this before, right where it's like
• 15:48
  Speaker 2: you see that there's private money that comes in alongside
• 15:52
  Speaker 2: federal money. The idea being that, Okay, if the federal
• 15:55
  Speaker 2: government is sitting here in backing a project, then it
• 15:58
  Speaker 2: makes sense for private investment to say, okay, it's worth
• 16:01
  Speaker 2: worth it for us to come into You have Stalantis, Boeing,
• 16:06
  Speaker 2: GM or some of the ones we've reported that have
• 16:08
  Speaker 2: already been in have been brought onto this partnership. Presumably
• 16:12
  Speaker 2: they will be the ones indicating to the vault. Here
• 16:15
  Speaker 2: are the critical minerals that our industries need, right, so,
• 16:19
  Speaker 2: automotive or aerospace or other industrial sectors well, what does
• 16:24
  Speaker 2: all of this mean when Donald Trump leaves office? And
• 16:28
  Speaker 2: I mean, I don't have an answer, and I don't
• 16:30
  Speaker 2: think even the smartest people who are on the inside
• 16:33
  Speaker 2: of all these things truly can give a firm response
• 16:36
  Speaker 2: on what that means.
• 16:38
  Speaker 1: This is the point that we are dealing with because
• 16:41
  Speaker 1: you're in a very precarious situation as a trumpe administration,
• 16:45
  Speaker 1: because they're most likely going to lose power in DC
• 16:49
  Speaker 1: the administration, and that will defang them in a big
• 16:52
  Speaker 1: way and it will probably put a stop to a
• 16:55
  Speaker 1: lot of this kind of legislation, and even to a
• 16:57
  Speaker 1: certain extent, maybe some of that Trump has implied. And
• 17:02
  Speaker 1: I think this again gets back into the point that
• 17:04
  Speaker 1: we're dealing with right now. Maybe the economy is lost
• 17:09
  Speaker 1: in the sense of where it's going now. Could we
• 17:11
  Speaker 1: get into disinflation? Many people think that that is where
• 17:15
  Speaker 1: we're heading, even though you look at kind of the
• 17:17
  Speaker 1: counterbalance to that of what's happening on trueflation. All of
• 17:21
  Speaker 1: this right now is in a very interesting situation, and
• 17:24
  Speaker 1: it all boils down to really kind of two things,
• 17:27
  Speaker 1: I think, and that of course is what is our
• 17:29
  Speaker 1: global geopolitical policy? Are we going to continue to kind
• 17:33
  Speaker 1: of contract it out of un try to do something
• 17:36
  Speaker 1: in Greenland, continue to do stuff in South America, or
• 17:40
  Speaker 1: and by far pulling out of this, I think is
• 17:42
  Speaker 1: going to start to lower access a debt from the
• 17:45
  Speaker 1: United States because they're not pouring money into a lot
• 17:48
  Speaker 1: of these countries. But if they do rotate this back
• 17:50
  Speaker 1: into productivity, maybe, just maybe it will work. And he
• 17:54
  Speaker 1: and Bessent when I say Trump investment may have got
• 17:56
  Speaker 1: it in at the right time. The other major thing
• 17:59
  Speaker 1: is how do we handle a support system for the
• 18:03
  Speaker 1: US dollar. Well, that's going to come through clarity. And
• 18:05
  Speaker 1: the reason that's going to come is it's going to
• 18:08
  Speaker 1: boil down to stable coins. And here was Matt Hogan
• 18:10
  Speaker 1: talking about this, and he says, hey, we took the
• 18:12
  Speaker 1: stable coin interest debate to the extremes banks. If stable
• 18:15
  Speaker 1: coins pay interests, it'll destroy the modern banking system. And
• 18:19
  Speaker 1: then Crypto says, if stable coins do not pay interest,
• 18:22
  Speaker 1: China will dominate the globe and the US will become
• 18:25
  Speaker 1: a second tier nation. I fear that he is, you know,
• 18:29
  Speaker 1: and I love Matt, but I think his position is wrong.
• 18:33
  Speaker 1: You can't look at it this way. This is an
• 18:36
  Speaker 1: existential threat and what I mean by that if you
• 18:39
  Speaker 1: look at the fact that stable coins no longer get
• 18:42
  Speaker 1: interest and of course are no longer the major asset
• 18:46
  Speaker 1: that people, major investors would go to, then it eliminates
• 18:51
  Speaker 1: the need for the US Treasury. And that puts the
• 18:54
  Speaker 1: US Treasury back into the global stage of being bought
• 18:57
  Speaker 1: by China or Japan or Europe. And that is a
• 19:01
  Speaker 1: problem because it's very unstable. They can sell at any
• 19:03
  Speaker 1: time crash the US dollar and the US economy. That's
• 19:07
  Speaker 1: why I think Trump needs to get the banks on board.
• 19:10
  Speaker 1: It is without a doubt he is not going to
• 19:12
  Speaker 1: be pro bank. This is about the defense system of
• 19:15
  Speaker 1: the US dollar as the global reserve, and the US
• 19:18
  Speaker 1: Treasury is the math that makes it work. I think
• 19:22
  Speaker 1: this is not over you over establishing the position. I
• 19:27
  Speaker 1: think it is saying this is the line in the
• 19:29
  Speaker 1: stand that maybe changes global finance forever. All right, So
• 19:33
  Speaker 1: this boils down to a couple of strategies. One is
• 19:36
  Speaker 1: long term holding back to what kind of Kathywood is
• 19:39
  Speaker 1: kind of focusing in on. And then I think you're
• 19:41
  Speaker 1: going to see some very strategic plays by the new
• 19:44
  Speaker 1: world order of banking systems. And I think Robinhood is
• 19:47
  Speaker 1: probably going to be one of the big players here.
• 19:49
  Speaker 1: They just announced that they put packsg available. This is
• 19:53
  Speaker 1: gold now tokenis gold available on Robinhood Because they know
• 19:58
  Speaker 1: as well as I that we are talking about a
• 20:00
  Speaker 1: new world order of how gold is going to be accrued.
• 20:04
  Speaker 1: This may be a big play for robin Hood and
• 20:06
  Speaker 1: other things that they're doing. Of course, is more announcements,
• 20:09
  Speaker 1: So I anticipate that they've got some more announcements coming
• 20:12
  Speaker 1: that we'll just take another jab at the banking system,
• 20:16
  Speaker 1: which gets into the point I'm getting at, and that
• 20:18
  Speaker 1: is banks need to innovate breaking news guys, real quick
• 20:20
  Speaker 1: before we end up here. House passes a funding bill
• 20:23
  Speaker 1: now to reopen the government, and they're going to send
• 20:25
  Speaker 1: it over to Trump for his signature. This could be
• 20:27
  Speaker 1: a good thing. At least it's very short shut down.
• 20:30
  Speaker 1: As we kind of anticipated, this will start to move
• 20:33
  Speaker 1: markets a little bit more, but I anticipate a lot
• 20:36
  Speaker 1: yet to happen this week. If you like this video,
• 20:46
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• 20:49
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• 20:51
  Speaker 1: the description