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Massive Rotation Back Into Crypto?📈But Bitcoin Narrative Over?🚨 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: All right, a massive rotation could be underway, guys, and
• 0:03
  Speaker 1: Bitcoin may not be the target today.
• 0:06
  Speaker 2: We're going to break it down for you. It is
• 0:07
  Speaker 2: going to be hot.
• 0:09
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• 1:01
  Speaker 1: down below. You guys are not want to go miss
• 1:03
  Speaker 1: this one. It is an awesome one. Let's just get
• 1:05
  Speaker 1: started with this right here, and it's Matt Hogan coming
• 1:08
  Speaker 1: right at the market right here where he agrees with
• 1:10
  Speaker 1: Melker on this. For many months, the market was over
• 1:14
  Speaker 1: estimating the odds for Clarity would pass. Now it's underestimating
• 1:18
  Speaker 1: these odds. So people are liking what we're seeing, and
• 1:21
  Speaker 1: if it does pass, I would agree. I would agree
• 1:25
  Speaker 1: John Winter is over, and I think that starts to
• 1:28
  Speaker 1: set things up for a lot that could be happening
• 1:31
  Speaker 1: right quick. I just want to go to a couple
• 1:33
  Speaker 1: of interview breakouts that we got here. This is a
• 1:37
  Speaker 1: good one because this is Anthony Scaramuchi and he's talking
• 1:39
  Speaker 1: about what happens if Clarity actually makes it to the floor.
• 1:43
  Speaker 2: Take a look.
• 1:44
  Speaker 3: If it gets to the floor, it's going to pass,
• 1:46
  Speaker 3: That's my opinion, because I think a lot of the
• 1:49
  Speaker 3: younger Democrats are not going to want to go up
• 1:52
  Speaker 3: against the crypto bros and.
• 1:53
  Speaker 2: Their packs come November.
• 1:55
  Speaker 3: That's my opinion. If it doesn't get to the floor,
• 1:58
  Speaker 3: it dies a brutal death. And then guys like Brian Armstrong,
• 2:01
  Speaker 3: after all the hours in time and energy that they
• 2:03
  Speaker 3: put into this, they start building their businesses off the
• 2:06
  Speaker 3: shore of the United States.
• 2:07
  Speaker 2: So we talked about coinbas on what they do.
• 2:09
  Speaker 1: We talked about bullish, we talked about in a circle
• 2:11
  Speaker 1: you have to throw it along. Are those interesting businesses,
• 2:14
  Speaker 1: whether you believe in bitcoin or not.
• 2:17
  Speaker 3: And so I'm a big believer in the picks and
• 2:19
  Speaker 3: shovels of the digital economy and this sort of new
• 2:22
  Speaker 3: age fintech. Now, I also believe that the stuff is coming,
• 2:26
  Speaker 3: whether people like it or not, because it's better technology
• 2:28
  Speaker 3: than what we have.
• 2:29
  Speaker 2: This is the uber problem.
• 2:31
  Speaker 3: You don't have enough people in crypto right now to
• 2:34
  Speaker 3: fight back the government resistance of what's going on in.
• 2:37
  Speaker 1: Wash all right, So you see the breakdown there, and
• 2:40
  Speaker 1: I think you know Anthony's right is that this is
• 2:43
  Speaker 1: a very pivotal point, not only for crypto, but I
• 2:46
  Speaker 1: think also just for financial instruments that are going to
• 2:50
  Speaker 1: use worldwide.
• 2:50
  Speaker 2: If you look at what's happening right now with.
• 2:52
  Speaker 1: Bitmes, this starts to point in a direction that we
• 2:56
  Speaker 1: may see a couple of things happen here. One of course,
• 2:59
  Speaker 1: if we do get clarity that goes through the likelihood
• 3:03
  Speaker 1: is going to put a lot of pressure on many
• 3:04
  Speaker 1: of these smaller exchanges.
• 3:07
  Speaker 2: This could start to coalesce at the top.
• 3:09
  Speaker 1: That of course, is going to put some pressure I
• 3:11
  Speaker 1: think in general on some of the market, including bitcoin
• 3:15
  Speaker 1: as a whole. I want to go to another one
• 3:17
  Speaker 1: because in that same interview, Scaramuci was talking about bitcoin specifically.
• 3:23
  Speaker 4: Take a look, Yeah, Bitcoin, where's it go?
• 3:26
  Speaker 3: Well, it's going to grind higher because the sentiment is terrible.
• 3:30
  Speaker 2: But doing this a.
• 3:31
  Speaker 3: Long time relative strength index, all time low fear is
• 3:35
  Speaker 3: at like a seven on a scale of one to
• 3:37
  Speaker 3: one hundred in terms of greed and fear. And there's
• 3:40
  Speaker 3: no supply of bitcoin in the marketplace, and there's no
• 3:43
  Speaker 3: interest and if you go search searchable terms on Google,
• 3:48
  Speaker 3: bitcoins down fifty five percent.
• 3:50
  Speaker 2: In terms of searchable terms. All of those.
• 3:52
  Speaker 3: Reasons, I think bitcoin is bottom. I don't think it
• 3:55
  Speaker 3: gets much worse in here, all right.
• 3:57
  Speaker 1: If you believe that right now, bitcoin training in around six,
• 4:00
  Speaker 1: you've got to have to consider where a lot of
• 4:03
  Speaker 1: the resources are going. And it continues to move into
• 4:07
  Speaker 1: the AI sector. Now, one that we've covered a lot
• 4:09
  Speaker 1: here on the channel has been eight and HUT eight
• 4:13
  Speaker 1: has almost completely abandoned ship.
• 4:17
  Speaker 2: Take a look at this clip.
• 4:19
  Speaker 5: HUT eight is red hot stock, up twenty percent this
• 4:22
  Speaker 5: week alone in Texas. It is the latest sign that
• 4:25
  Speaker 5: Huteate's pivot from crypto to AI infrastructure is paying off
• 4:29
  Speaker 5: for investors.
• 4:29
  Speaker 6: Power is the key critical resource that allows these this
• 4:34
  Speaker 6: industry to thrive. I think what this deal shows is
• 4:37
  Speaker 6: we've built credibility in the ecosystem. Tenants and customers trust
• 4:41
  Speaker 6: us to power their AI needs in the infrastructure that
• 4:44
  Speaker 6: powers the technologies that they build.
• 4:46
  Speaker 1: All right, guys, So as you can see when you
• 4:48
  Speaker 1: look at the narrative, the sentiment, and also just what's
• 4:52
  Speaker 1: happening in general around regulation, the next era of courses
• 4:57
  Speaker 1: or areas that is going to be of concern is
• 4:59
  Speaker 1: going to be what's happening on Wall Street. And this
• 5:01
  Speaker 1: is something that I think is going to continue to
• 5:03
  Speaker 1: put more pressure on bitcoin and maybe on the overall
• 5:07
  Speaker 1: market in general. And one of the areas is the
• 5:10
  Speaker 1: bridge when you start to see what the S and
• 5:12
  Speaker 1: P and other index funds are doing with digital assets,
• 5:15
  Speaker 1: take a look at this clip.
• 5:17
  Speaker 7: So we've been very intentional about working with the right
• 5:20
  Speaker 7: partners to bring a digital asset index that we think
• 5:23
  Speaker 7: is more corollary to something like the S and P
• 5:26
  Speaker 7: five hundred.
• 5:26
  Speaker 8: There's eighteen constituents total.
• 5:28
  Speaker 5: The largest five are ether, binance Coin, Solana, Tron.
• 5:33
  Speaker 8: And hyper Liquid.
• 5:34
  Speaker 1: And what do these choices represent?
• 5:35
  Speaker 7: So when you think about the seasoning period, the revenue generation,
• 5:40
  Speaker 7: the listing requirement, the liquidity behind these different protocols for
• 5:44
  Speaker 7: these tokens, these are the things that we think matter.
• 5:47
  Speaker 1: But Bitcoin's not in here.
• 5:48
  Speaker 7: Bitcoin is not in there because it's really not one
• 5:51
  Speaker 7: of those revenue generating protocols that we think belongs in
• 5:54
  Speaker 7: this index. It meets all of the criteria, which there
• 5:57
  Speaker 7: are many, in order for inclusion in this index.
• 6:00
  Speaker 1: All right, So this is bad for any token out
• 6:04
  Speaker 1: there that is not on the model of revenue generation.
• 6:07
  Speaker 1: And as you can see Bitcoin not in the index,
• 6:09
  Speaker 1: you may see a lot of others following along within this,
• 6:12
  Speaker 1: even XRP also not in this index. If we continue
• 6:17
  Speaker 1: to see this moving, then you look at kind of
• 6:20
  Speaker 1: the connection of the Bitcoin ogs starting to maybe lose
• 6:24
  Speaker 1: a little faith here. That's my question. Here's Jack Mahler's
• 6:28
  Speaker 1: as he starts to explain why he's quitting.
• 6:32
  Speaker 9: YO emergency press conference. I am the co founder and
• 6:38
  Speaker 9: CEO of a brand new bitcoin company. You know, I
• 6:42
  Speaker 9: plan on being the CEO's company forever until I die,
• 6:46
  Speaker 9: and we've got plenty of time, and we're building for
• 6:48
  Speaker 9: the long term. We're building for decades. Hey, everyone, I
• 6:51
  Speaker 9: have decided to step down as the CEO of twenty
• 6:54
  Speaker 9: one Capital.
• 6:56
  Speaker 2: I wanted to tell you that myself.
• 7:01
  Speaker 1: All right, guys, So there you've got twenty one Capital's
• 7:04
  Speaker 1: CEO left the building. And of course that puts a
• 7:08
  Speaker 1: lot of pressure I think in general on any of
• 7:10
  Speaker 1: these digital asset treasuries, much like what's going on with
• 7:15
  Speaker 1: of course strategy. That, of course has also been one
• 7:18
  Speaker 1: of the key drama points of Bitcoin and why we're
• 7:21
  Speaker 1: continuing to see some pressure on the space. I'd like
• 7:24
  Speaker 1: to know where you guys stand, though, because do you
• 7:25
  Speaker 1: think we are at the bottom if Clarity goes through,
• 7:28
  Speaker 1: do we get a little bit of a life preserver
• 7:30
  Speaker 1: here or do you think it's a short term pump
• 7:34
  Speaker 1: and then a longer dump because of the macro pressure.
• 7:37
  Speaker 1: Because remember, there are a lot of things starting to
• 7:41
  Speaker 1: bridge a grap gap.
• 7:42
  Speaker 2: Let me know in the comments down below.
• 7:44
  Speaker 1: One of the things that's bridging the gap between where
• 7:46
  Speaker 1: we are right now and where we're heading is going
• 7:49
  Speaker 1: to be AI, and of course the I guess the
• 7:52
  Speaker 1: banner stock right now at least is going to be
• 7:55
  Speaker 1: SpaceX as it is related heavily to what's going on
• 7:58
  Speaker 1: in AI. And I'll explain all that here in a second.
• 8:00
  Speaker 1: But this is the fallout right now that we are
• 8:03
  Speaker 1: seeing in SpaceX, and this is an absolute just boondoggle
• 8:09
  Speaker 1: in terms of the problems that we're seeing where this
• 8:12
  Speaker 1: will go.
• 8:13
  Speaker 2: Peter Schiff kind of hit on it right here.
• 8:15
  Speaker 1: SpaceX just closed at fifteen fifteen, nearly twenty percent off
• 8:18
  Speaker 1: its IPO price. That's fifty percent below it's high. This
• 8:23
  Speaker 1: could be a harbinger. That is something I do agree
• 8:27
  Speaker 1: with Peter on and we've talked about this, you know,
• 8:30
  Speaker 1: when we were doing the SpaceX videos before the IPO
• 8:32
  Speaker 1: and saying, hey, this is not something to get into.
• 8:35
  Speaker 1: It is something to stay away from. And if you
• 8:38
  Speaker 1: kind of consider the reasoning, there's many different things that
• 8:42
  Speaker 1: are playing into this. And I'll get more into why
• 8:45
  Speaker 1: this might play out toward the end of the year,
• 8:47
  Speaker 1: but one of the key things is going to be
• 8:49
  Speaker 1: the AI models that are basically unleashing on the market
• 8:53
  Speaker 1: right now. The Chinese model Kimmy three K three has
• 8:57
  Speaker 1: now taking the number one spot on the front end
• 9:00
  Speaker 1: code arena. So this simply means we are seeing all
• 9:04
  Speaker 1: sorts of new innovation that is starting to attack the
• 9:08
  Speaker 1: primary timeline of AI. And I'm talking about our big,
• 9:12
  Speaker 1: big American companies. Whether you look at what's going on
• 9:16
  Speaker 1: with Anthropic or Open AI, or in general with what's
• 9:19
  Speaker 1: going on XAI, which is of course related to SpaceX.
• 9:22
  Speaker 1: This is where this pressure comes. Kimmy is worth forty
• 9:26
  Speaker 1: eight times less than Anthropic.
• 9:28
  Speaker 2: All right, that's a.
• 9:29
  Speaker 1: Twenty billion dollar valuation right now. So this is one
• 9:33
  Speaker 1: of those moonshots that might end up in the right
• 9:36
  Speaker 1: place at the right time. And one thing very special
• 9:39
  Speaker 1: about this is we will most likely see these kinds
• 9:43
  Speaker 1: of assets being traded where on crypto. That's right, We're
• 9:46
  Speaker 1: going to see this out there. On the purpose, You're
• 9:49
  Speaker 1: going to see all sorts of availability out there. And
• 9:51
  Speaker 1: I think when you compare this to the rest of
• 9:53
  Speaker 1: the AI spec you understand the valuation, you also start
• 9:57
  Speaker 1: to look at maybe there's a gold mine here, not
• 9:59
  Speaker 1: telling any go out and buy these. And I'm saying
• 10:01
  Speaker 1: just when you are analyzing these AI plays, these are
• 10:05
  Speaker 1: the kind of things that you have to look at
• 10:08
  Speaker 1: and it is starting to show up. Now does it
• 10:10
  Speaker 1: put pressure on the rest of the AI game? This
• 10:13
  Speaker 1: was Google's free cash the free cash flow went negative
• 10:18
  Speaker 1: for the first time in history.
• 10:21
  Speaker 2: That's insane.
• 10:22
  Speaker 1: Then when you look at the hyperscaler race, that is
• 10:26
  Speaker 1: literally just blowing off the top right now, those two
• 10:29
  Speaker 1: do not meet in the middle.
• 10:30
  Speaker 2: And that is a.
• 10:31
  Speaker 1: Major company like Google going negative on cash. Folk, where
• 10:36
  Speaker 1: are they putting that money? Well, you're looking at the
• 10:38
  Speaker 1: chart right now, that's where they're putting the money. And
• 10:40
  Speaker 1: this may be the problem that is now starting to
• 10:44
  Speaker 1: show its ugly head. Here's Darius Dale talking about that
• 10:48
  Speaker 1: very thing.
• 10:48
  Speaker 2: Take a look if.
• 10:50
  Speaker 10: China can outcompete us both in terms of model efficiency
• 10:53
  Speaker 10: and model effectiveness, and what are we spending all this
• 10:56
  Speaker 10: camp x on. Reminder, the AI race between the US
• 11:01
  Speaker 10: and China is a fabricated concept manufactured by elites in
• 11:06
  Speaker 10: DC and Silicon Valley. It is designed to tickle your
• 11:10
  Speaker 10: amygdala to transfer wealth from other investors to themselves.
• 11:14
  Speaker 1: This has been something we've identified for a while. It
• 11:17
  Speaker 1: doesn't mean that AI is overblown. It simply might mean
• 11:21
  Speaker 1: that many of these companies were way early just go
• 11:25
  Speaker 1: back and look at history of what happened in the
• 11:26
  Speaker 1: dab bomb era.
• 11:27
  Speaker 2: We had many of these kind of companies.
• 11:29
  Speaker 1: That were developed that were way out ahead of everybody
• 11:32
  Speaker 1: else Where are they now? They're nowhere, there's zero. They're
• 11:36
  Speaker 1: companies that completely went bankrupt. And that's the kind of
• 11:39
  Speaker 1: thing that we are facing right now. The only difference
• 11:42
  Speaker 1: back then is the US kind of controlled the pace.
• 11:46
  Speaker 2: It's a little bit different. Now. Listen to this clip.
• 11:50
  Speaker 10: What if China actually wins the IRA What did they
• 11:52
  Speaker 10: just win?
• 11:53
  Speaker 2: Fyi?
• 11:53
  Speaker 10: China is ahead of the US in sixty six of
• 11:56
  Speaker 10: seventy four critical technologies. The economics of this suggest China
• 12:03
  Speaker 10: is going to win the US's manufactured AI race, and
• 12:06
  Speaker 10: the market is assigning not enough of the probability to
• 12:09
  Speaker 10: that outcome. It's starting to in terms of the drawdowns
• 12:12
  Speaker 10: that we highlight on the executive summary. But this is
• 12:14
  Speaker 10: in opinion, China winning the AI race is something that
• 12:17
  Speaker 10: would contribute to a secular bear market in US stocks.
• 12:21
  Speaker 2: All right, So there you have.
• 12:22
  Speaker 1: A bear market in US stocks because you understand, and
• 12:26
  Speaker 1: we've talked about it on the channel for over a year,
• 12:28
  Speaker 1: the prop up that's been happening and the rotation of
• 12:32
  Speaker 1: capital that I think came out of mostly crypto, a
• 12:35
  Speaker 1: lot of crypto that we're tagging along these moves that
• 12:38
  Speaker 1: were both in the hyperscalers and now what we saw
• 12:41
  Speaker 1: with the semiconducting industry, this could be challenged to a
• 12:45
  Speaker 1: level we haven't seen before. Here's the real question mark, though,
• 12:49
  Speaker 1: and that is does traditional Wall Street really understand the
• 12:53
  Speaker 1: nuance that's going on. I mean, we've been watching this
• 12:56
  Speaker 1: in crypto for almost ten years, watching how early stage
• 13:01
  Speaker 1: projects get outpaced by faster, better tech. That's exactly what's
• 13:05
  Speaker 1: happening here. And when you look at what Kathy Wood
• 13:08
  Speaker 1: has been doing, this starts to make me wonder if
• 13:12
  Speaker 1: Wall Street is really ahead of this. Watch this clip
• 13:15
  Speaker 1: about SpaceX and her positioning.
• 13:17
  Speaker 2: Take a look.
• 13:18
  Speaker 4: SpaceX is one of your top holdings, and you've been
• 13:21
  Speaker 4: increasing your exposure to SpaceX. You've added more than eighty
• 13:24
  Speaker 4: million dollars since the IPO companies set to unlock another
• 13:28
  Speaker 4: one hundred and sixteen billion dollars in shares next month.
• 13:30
  Speaker 4: Is what's your take on SpaceX since it is down
• 13:33
  Speaker 4: thirty three percent in the last month.
• 13:35
  Speaker 11: Kathy, we think this could become the most important company
• 13:39
  Speaker 11: in history, not only really exploring a new world, the universe,
• 13:46
  Speaker 11: but also a global communications network. Really think Telcom that's
• 13:53
  Speaker 11: been a very local business. No longer. This is a
• 13:56
  Speaker 11: global business and SpaceX is the first mover.
• 14:02
  Speaker 1: Huge opportunities, all right, so huge opportunities.
• 14:07
  Speaker 2: I'm going to be in disagreement on that right now. Now.
• 14:10
  Speaker 2: Could it be long term?
• 14:12
  Speaker 1: And I'm talking outside of the next several years. Maybe
• 14:16
  Speaker 1: when you look at just the trades right now on Arc,
• 14:20
  Speaker 1: which is the fun that Kathy runs in reference to this,
• 14:23
  Speaker 1: these are the kind of buy positioning that has been
• 14:25
  Speaker 1: happening since you lie, guys, this is happening right now
• 14:29
  Speaker 1: while we are watching maybe something unfold here, and that
• 14:33
  Speaker 1: is an absolute exodus by the insiders. And let's just
• 14:37
  Speaker 1: face it, the selling of a lot of these original
• 14:41
  Speaker 1: investors are essentially soaking up the market right now and
• 14:46
  Speaker 1: getting the new retail money that thinks, oh wait a minute,
• 14:49
  Speaker 1: SpaceX is down to one hundred and twelve bucks, now
• 14:53
  Speaker 1: is the buy? Well, if you think that is the case,
• 14:55
  Speaker 1: I want you to look at this unlocked right here, guys.
• 14:57
  Speaker 1: This is pretty straightforward and it looks a little bit
• 14:59
  Speaker 1: dirty right now. This is the rest of twenty or
• 15:02
  Speaker 1: twenty twenty six. And this is what the insider unlocked
• 15:06
  Speaker 1: looks like. Look at that stairstep just boom boom, boom
• 15:09
  Speaker 1: all the way to thirty seven percent down to December.
• 15:12
  Speaker 1: So I don't even see an opportunity here at least
• 15:16
  Speaker 1: before the end of the year and maybe into early
• 15:19
  Speaker 1: Q one or Q two. Now could it rebound a
• 15:23
  Speaker 1: little bit? It all depends on this AI narrative. If
• 15:26
  Speaker 1: we continue to see the problems coming in from China
• 15:31
  Speaker 1: putting more and more pressure on the US market. So
• 15:34
  Speaker 1: now let's kind of step back from that because with
• 15:37
  Speaker 1: Bitcoin now on the outs essentially from a sentiment standpoint,
• 15:42
  Speaker 1: does it continue to go down? If Bitcoin continues to
• 15:45
  Speaker 1: push down, does that mean we start to see other
• 15:48
  Speaker 1: asset rotation. Well, we could see metals coming back into
• 15:52
  Speaker 1: the game here. Gold has now overtaking US treasuries top
• 15:56
  Speaker 1: world reserve asset. I mean, Peter Schiff is gonna love this.
• 15:59
  Speaker 1: But the point is is that you're going to see
• 16:01
  Speaker 1: more and more of this kind of rotation. And if
• 16:04
  Speaker 1: we do see this starting to step away from some
• 16:07
  Speaker 1: of the AI plays, where will people put their money? Now,
• 16:11
  Speaker 1: maybe there's a handful of opportunities and digital assets. Looks
• 16:15
  Speaker 1: like right now energy is going to be back up
• 16:17
  Speaker 1: and be another opportunity because you've got Brent crude now
• 16:21
  Speaker 1: skyrocketing over the last few days for obvious reasons of
• 16:25
  Speaker 1: the tension in the Middle East, and right now it
• 16:28
  Speaker 1: has hit one hundred bucks. If you go over and
• 16:30
  Speaker 1: look at the oil chart, this right here is Brent
• 16:32
  Speaker 1: crude and you can kind of see it right there. Guys,
• 16:35
  Speaker 1: we are continuing up the stairstep and it looks like
• 16:38
  Speaker 1: we could come back in and clip that one thirteen
• 16:41
  Speaker 1: recent high back in May. Now, the real concern I
• 16:45
  Speaker 1: have is the effect on fuel and energy prices here
• 16:49
  Speaker 1: in the US that of course will put a lot
• 16:51
  Speaker 1: more pressure on macroeconomics here for the average American. And
• 16:55
  Speaker 1: this is bad timing for the Republicans because we are
• 16:59
  Speaker 1: heading into mid terms.
• 17:00
  Speaker 2: It's a little too.
• 17:01
  Speaker 1: Tight, and you have Trump continuing to put the pressure
• 17:06
  Speaker 1: on right now of the Middle East, and of course
• 17:09
  Speaker 1: he says it right here. They're starting to go tit
• 17:12
  Speaker 1: for tat on every move.
• 17:14
  Speaker 2: This is where.
• 17:15
  Speaker 1: We start to see escalation occur. And this is the
• 17:18
  Speaker 1: one thing, as you guys know, I'm anti war. I
• 17:21
  Speaker 1: don't like any of this that's going on. This is
• 17:23
  Speaker 1: bad for business, it's bad for the markets. I just
• 17:27
  Speaker 1: wonder if the markets are actually seeing this come in
• 17:30
  Speaker 1: at the scale in which it could really hit. Here
• 17:33
  Speaker 1: is Mohammad a La Rain where he talks about how
• 17:37
  Speaker 1: this may affect the future.
• 17:38
  Speaker 2: Take a look.
• 17:39
  Speaker 8: The fundamental view in the marketplace is these escalations will
• 17:43
  Speaker 8: be contained. And this was tested this weekend because unfortunately,
• 17:47
  Speaker 8: and it's tragic, we lost servicemen.
• 17:51
  Speaker 2: There was an.
• 17:51
  Speaker 8: Expansion of the attacks on both sides, and yet the
• 17:56
  Speaker 8: market continues to believe that. I think the biggest contrast,
• 17:59
  Speaker 8: and Joe talks about the tiebreaker, is between really messy
• 18:03
  Speaker 8: news and relatively stable markets, and that combination is very striking.
• 18:09
  Speaker 8: You normally don't get that combination at all. And even
• 18:11
  Speaker 8: if you look within the so called stable markets, it's
• 18:14
  Speaker 8: an unstable equilibrium.
• 18:16
  Speaker 7: And I do think that somebody like Kevin worsh needs
• 18:19
  Speaker 7: to be thinking about all this.
• 18:21
  Speaker 8: I'm not into the we need three weight hikes. I
• 18:24
  Speaker 8: don't think we're going to get any weight hikes. I
• 18:26
  Speaker 8: think the worst of the inflation is behind us.
• 18:30
  Speaker 1: I don't know about that. I mean, I just go
• 18:32
  Speaker 1: back to the brand oil chart. Okay, this concerns me
• 18:38
  Speaker 1: very badly in the sense of if energy continues to spike,
• 18:43
  Speaker 1: you've got these tensions that unless there is an absolute accident,
• 18:46
  Speaker 1: I just don't know how that's going to occur.
• 18:48
  Speaker 2: We seem to go up, go down. We're in, we're
• 18:50
  Speaker 2: out on this. And I would agree in.
• 18:53
  Speaker 1: The sense that with one thing he said, Mohammad said
• 18:56
  Speaker 1: there and that is the contrast between this theory is
• 19:00
  Speaker 1: that maybe, and this is where I think it's something
• 19:03
  Speaker 1: I've said for quite a while, is you have a
• 19:06
  Speaker 1: certain area of the population that none of this effects.
• 19:10
  Speaker 1: And what we're talking about is the one percent of
• 19:13
  Speaker 1: the American investor, and that one percent is controlling a
• 19:17
  Speaker 1: significant amount of capital to deploy and to essentially get
• 19:22
  Speaker 1: in and take profits on what I think is going
• 19:26
  Speaker 1: to be retailed who is much more sensitive to macroeconomic news.
• 19:30
  Speaker 1: They trade in and trade out too quickly. They're the
• 19:33
  Speaker 1: ones that lose. So this is a concern that I
• 19:35
  Speaker 1: think we're going to continue to see. It's also why
• 19:37
  Speaker 1: I think you're continue to see these volumes flying. And
• 19:40
  Speaker 1: now the real question is is how does this rotate
• 19:42
  Speaker 1: into digital assets? Well, a lot of this will tell
• 19:46
  Speaker 1: this week as clarity gets hopefully resolved, and that may
• 19:50
  Speaker 1: open up a window here, so stay tuned for that
• 20:00
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• 20:02
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• 20:05
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