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Transcript

This Only happens ONCE - $UFD · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

0:00
Things to talk about today and some very important things, but
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first I just want to say to you, the Duster community, yes, you
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right, it's a big deal when you're here, but it's also a
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very big deal that we realize that what we are doing is
0:15
working Yes, the crypto market will go up and down.
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We've been through well, it's the only bear market that I've
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ever been through in crypto. So the worst bear market that
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I've ever been through in crypto.
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It feels like we're starting to emerge, but we are.
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They're going to have bumps and challenges and make sure we got
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all our tech working here. We will make it through.
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It's not going to be a straight ride up, but it's so important,
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right? And there's a big reason why
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this is important, that you take stock of what we have
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accomplished. We can look at all kinds of
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numbers. Social dominance, yes, it's
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going to go up and down. The the price of the of our, of
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our beans, our coins, it's going to go up and down.
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But the big deal is that over a long period of time #1 we've
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proven that we're not going anywhere and #2 that our trend
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is up and up and up. We really are in a situation, a
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very unique situation in the history of the universe, where
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we can determine our own destiny together.
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We are in control. The people.
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Yeah, that's you. That's me, that's our community
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has the power. There's only one UFD.
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It's a special situation. Let's go out.
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I'm all off track now, but let's go take a look at this post I
1:34
thought was great. Well, then we'll come back to
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this one. But this was from our friend
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Mason UFD. And Mason said, right, UFD is
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the next UFD. There's never been anything like
1:49
it and there will never be anything like it.
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It's in a league of its own, guys, it's true.
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There is only one UFD. There's only one you.
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You make up. You're a node.
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I was talking with men yesterday and he's like, he agreed.
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That's the word he likes as well.
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We're all nodes on this big interconnected matrix network
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that makes up this powerful nucleus, which truly is UFD.
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OK. And we are special.
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We have digital scarcity. There's only one Unicorn fart
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dust. You're part of history in the
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making. Doesn't that make your horn
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tingle? Thanks.
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Thanks for reminding me. I didn't say it.
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Mason said it. Susie gets on my case for saying
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that Too much. Is your horn tingling?
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Dusters right? Through the good days, through
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the bad days, through the average days, through all the
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days. Our horns tangle.
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And we have a very, very special situation on our hands right
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now. Let me go back to that.
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There was something he said that made me your part of history in
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the making. Doesn't that make your horn
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tingle? Well, you know, we are digital
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scarcity. We are the one and only they
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can. There's going to be imitators.
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There's going to be people that try to replicate what we've
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done. And that's OK.
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That's a big compliment #1 and #2 that spreads even more good
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within the crypto world. So keep up the great work.
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Couple announcements. Tomorrow morning at 8, AMI will
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have Resilient Jack Duster. That's Saturday at 8:00 AM
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central time. Resilient Jack, I believe he's
3:23
somewhere over in Europe. I'll let him disclose exactly
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where he is tomorrow if he so chooses to do so.
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But that's this guy, and he's got some big ideas about a
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social media push for Sun. I have an idea.
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This was actually brought to me by CT Dong, a hardcore Raider
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from the community. So this Sunday I'm thinking that
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we are going to beat Ford coin in social dominance and we're
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going to stay there for like a day or two.
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So this Sunday, the 3rd of August, I'm telling my wife that
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I want the whole day. I'm going to retweet, I'm going
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to post, I'm going to like I'm going to smash, I'm going to
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raid. My horn is going to be like so
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if you want to come along with me together and beat Ford Coin
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on Sunday the 3rd of August, you're more than welcome.
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Right in the comment section if you're down.
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You'll be on tomorrow at 8:00 AM.
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Saturday, 8:00 AM Central. Yo, what's up?
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That's there. What's up?
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Yes, there's all right. So look for that.
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Today at 11 AM, I will be on with Frankie Lapena from
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Gatcoin. Remember, Frankie's a guy who
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has like 6,000,000 followers on YouTube.
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I think it is millions of followers on TikTok, millions of
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followers on Instagram. He's like an Internet star.
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He's the founder of Gatcoin. I will be on with him at 12 noon
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Eastern, which is 11:00 AM Central time today.
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And I pin this, I pinned this tweet to my profile.
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He will be on Pump Fun, will be on Pump Fun.
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So that'll be interesting. That'll be my first live stream
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that I participate on the Pump Fun network.
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And we all know that Unicorn Fart Dust was birthed on Pump
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Fun. So should be a lot of fun with
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Frankie. What a great guy you know, I met
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him live in Vegas. He was on our live stream.
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We are friends with the GAT coin community.
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We are friends with the APU community.
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We are friends with the SPX 6900 community.
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We're going to be friends with all the good communities, the
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Pengu community, all of them OK, because the good communities
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seem to be not officially, but on some level coming together
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right the the the the communities that will attract
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more and more good people into crypto.
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All right, so Frankie La Pena, 11 AM central.
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There's a link. There's a pin tweet in my
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profile. I can't keep all these terms
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straight, right? I'm doxed.
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I'm I'm wala hala, all that great stuff.
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OK, All right, OK, this is interesting.
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People will be able to hit me up like Ron like what what we are
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doing here within UFD is 100% community driven.
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And I get this question from people in in the crypto world
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from time to time. Like why do you leave everything
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open source? Why is UFD open source?
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And what I mean by that is we encourage people them do their
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own art. We encourage people to make
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their own NFT projects. We encourage people to create
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merch, whatever they want to do, right?
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We are working on official IP, but it will be available to the
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community as well. But people ask why and why and I
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finally was able to put it in words and it's very powerful in
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regard to what we are doing right now in this community.
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I'm going to share with you. This is from my private notes.
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Hold on here, here we go. Sure, we got that up.
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Here's what I wrote. Unicorn Fart Dust is open source
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because we do not want to limit the utility that the community
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can create. We want to make it wide open.
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We want you to know this is decentralized.
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You are in control, you have the power, you can create things.
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People bring ideas to the community all the time if the
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community supports it, right? And the community is very
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intelligent as a whole, all of us together, intelligent
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individually as well, right? These projects take root and
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take hold massively successful projects.
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So we don't want to limit the utility that we can create in
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the community by, by not making things open source.
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And we do it because the community is unlimited and that
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makes the utility unlimited. Ultimately, and this was the
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powerful thing that came to me, all utility, anything that's
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created on any of these utility coins or any, any type of value
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or utility that's created originates with people and the
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people created Unicorn fart dust.
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Guys, we have so much power. We have such a gift on our hands
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right now. Do you realize that?
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Is your horn tingling? It's the gift of the blockchain.
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It's the gift of crypto. When I was talking with Min
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yesterday, he asked me, what's 1 of the big things you learned?
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One of the big things I learned is the the framework that was
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set up by the original founders of the blockchain.
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And crypto is a gift to us, the people.
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We can't be dumb. I'm sorry, but we can't
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including me and not realize how powerful this opportunity is.
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It's a fair and level playing field.
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Everybody sits around and says, oh, things aren't fair.
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Well, and look, I'm just, I'm like, I can go on a pity party,
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the pity pot, right? No, things aren't fair.
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Life's hard. Everything's stacked against me.
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Oh no, it's not. This is Unicorn fart dust.
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It's fair. The the bottom line, the
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framework that it's built upon is fairness.
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It's the blockchain, it's crypto.
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And then us as a community, because we make the choice every
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single day to do the right thing, to be fair, to be honest,
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to have integrity, OK, to do the right thing when there's a devil
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on one shoulder and an Angel on the other.
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We're not saying we're perfect, right?
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Nobody is. But we've proven a assistant
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track record of being reliable, of being safe, of being good.
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Good attracts good, OK. And it's working.
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I don't talk about good attracts good enough anymore.
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Maybe because we're just doing it.
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You don't need to talk about it. Talk's cheap.
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All right, I'm down here blabbing away.
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Talk. Doesn't matter what I say.
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I could say, OK, I'm going to do this.
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I'm going to do that. We're going to.
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We're going to know what have we done?
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What are we doing right now? What did we do yesterday and the
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day before? What are we doing today?
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And I ask you, my friends, what are we going to do tomorrow?
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We're going to keep doing the right thing.
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We're going to keep proving to the world, which is a massive
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opportunity of butter cups. You talk about buttercup heaven.
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Imagine a dream where we wake up and just all around us are
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butter cups. We're in a field of butter cups.
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There are so many people in the world, only like 7% of the
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world's population owns crypto and crypto.
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We are in the leading edge and we're doing it right.
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And we're we're doing this unbelievable thing.
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It's unbelievable what's going on right now.
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I'm in my basement in the Midwest.
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You are, where are you? I ask you that question.
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And by the way, I'm glad you're here.
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And by the way, retweet this so we can get more people get the
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word out. Go on YouTube.
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YouTube. Yeah, I know I'm in all my
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YouTube's huge. You know, YouTube is the
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biggest, like, media platform in the world, the biggest
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advertising plant. I don't know all these crazy
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statistics. You know how many butter cups
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are on YouTube? Why don't you go out and
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subscribe to our YouTube channel?
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That would help. OK.
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But the fact that we're doing this, we are, we are on the
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leading edge. Congratulations.
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You, my friend, are a pioneer. We're like the people that got
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in the covered wagons and went out West back in the 1800s or
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whenever the heck they did it, you know, fought off the, you
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know, whatever, right? I mean, dealt with all kinds of
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crazy challenges. That's what we're doing right
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now. I'm in my basement.
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You are where you are. We are connected.
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We couldn't do this 20 years ago.
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That alone is crazy. I want you to think about that.
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I'm older, as you very well may know, 55 years old.
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Some people call me the boomer dev, but I'm not officially a
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boomer. I'm an almost boomer.
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When I was 25, when I was 30, the idea that I would be in my
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basement able to broadcast to you us, get together, you be in
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the basement with me was beyond imagination.
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If you told me this, what was 25 years ago?
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Oh, that's easy. That was the year 2000.
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I have a degree in accounting. I worked for a BIG4 accounting
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firm. Anyway, that's crazy enough.
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But now we're even on the we are on the leading edge of the
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bleeding edge. We are in web three.
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We are building something in crypto.
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We are building something of value.
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We are showing the community togetherness, fun people.
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Look, guys, here's the deal. Look, nobody knows this.
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Most people can't grasp this concept.
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Let me watch CNN, right? No, you're smart.
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We are creating value. People don't realize.
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Take a step back and think about it.
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Are people willing to pay money to go to to go to comedy shows?
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Welcome to Ron's basement comedy show.
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Are people willing to pay money to go to the movies?
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Are people willing to pay money to go watch sport events?
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Are people, people are willing. There's value in fun.
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There's value in community. Are people willing to pay money
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to join clubs of all sorts around the world?
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Heck, yes, they are. You know, they've annual dues, I
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think, don't they? Like the Lions Club and the
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Rotary Club and whatever all these clubs are in the world.
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We are doing that and we are doing it in the most efficient
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and effective way. And the cherry on top of the
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buttercup. Buttercup.
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What are those things? Cupcakes.
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Oh, we have a new word. Cupcake, right?
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Is we're doing it with good. All right, let's hey, cracking,
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cracking. I'm sorry, I'm not an Instagram
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expert yet, but apparently our friends at Kraken put out this.
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Our friend connector who does a lot for the community has a
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post. Thank you.
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Crafting XFX for this clever real.
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So I believe that's on Instagram.
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Yeah. Very soon everybody will
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recognize the three, three symbols of Unicorn fart dust.
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Go out to Instagram, watch this, share it.
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Let's get the word out to more and more people.
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That's cracking, right? A tier one exchange.
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We got some cool art that we're going to look at here from our
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friend Bruvik. As you know, last weekend I was
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on Pontalk with Blue BLEW. He's an awesome guy.
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He's part of the APU community. He put out a call for a a
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collaborative art contest. And Bruvik, who does a lot for
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our community, a lot, a lot of art for a lot of the
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communities, put this together. Let me pull this up full screen
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if I can do that. There we go.
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Look at that. Isn't that absolutely beautiful?
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It really is cool. So thank you for Vic for doing
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that. And not next.
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We've got a new video that came out.
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This is about two minutes long. It's a nice epic journey from
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exit the Matrix. What does conviction mean to
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you? What about community?
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To me it's simple UFD Come take a journey to a land where
15:19
conviction rules the the day. Images and theme inspired by UFD
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Corral, our friend UFD Corral and let's get this up full
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screen and see if we the power. Wasn't there was a darkness in
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the air? Castle UFD was besieged by it's
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presence. We must investigate.
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This dark aura smells like a pull back to me.
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Leave it to me. Leave it to me, Faith.
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And shadows, fear, uncertainty, death.
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Your. Conviction is lacking.
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You perish. The Unicorn warrior will fight
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another TIE. UFD spirit remains strong.
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We must protect the magic. We must protect the measure.
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That's you. Duster shall not see.
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You. No.
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Dark blood creature never had a chance against the Unicorn
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Knight's Blade. Conviction won the day.
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Conviction and power of UFD. Thank you for saving me and for
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the magic beans. Don't forget to retweet.
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Smells like UFD. A little cheat Unicorn.
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To never allow. Does.
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Root again the light shone upon the UFD castle once more.
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An emperor, Rontoshi returned. Emperor Rontoshi.
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UFD good attracts good. OK, I'm back with you now.
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Oh, hold on here. No, I'm not.
17:15
A little technical issue occurring.
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Here we go now. Now we're back.
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Emperor Rontoshi. That's a big one.
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That's a lot of, that's a lot of shoes to fill.
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What a great video. We're creating more and more
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value every day through our art, through the videos, through
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everything else. It's working.
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OK, it's working. It's working.
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Don't forget something very powerful about UFDA.
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Big potential that we have. I'm going to give you the reason
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why right now. The further we go along the
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road, I know what I'm reaching for.
17:51
You know what I'm reaching for. The further we go along the
17:55
road, the closer we come day by day by day.
18:01
Look up the Lindy effect. It's a scientifically proven
18:04
fact. Any movement, any community, the
18:07
longer it goes, typically speaking, the more powerful it
18:11
becomes. This jug represents every single
18:14
UFD bean that has ever been created.
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This plastic jug, I can't make it any bigger.
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I can blow in it. I could put some Unicorn fart
18:23
dust in it. Nothing's going to make it
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bigger. As you can see, we have 999
18:28
million beans every single day that you show up, Every single
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day that we hope we gain a new holder.
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Imagine beans dropping in here every day, and those beans
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represent the diamond hoof dusters within our community.
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The closer we get, the community is growing.
18:47
OK, the community of diamond hoof dusters is growing.
18:51
The number of coins, the number of beans is fixed, OK.
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We talk about being the horniest community, Unicorn horn,
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horniest community on the Internet, which makes us able to
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reproduce at a faster rate. This has been neutered.
19:06
This got fixed, OK, and it is fixed.
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Don't forget that. That is so powerful because
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every single day as we add the beans to the jug and some days
19:16
it doesn't feel like it. I understand all right look
19:19
guys, you know what a long term journey is going to be filled
19:24
with a lot of highs, a lot of lows, a lot of in betweens.
19:27
That's just the way life works and that's cool that's good.
19:31
Let me tell you something. Let me give you a little life
19:33
lesson, and I had to learn this one the hard way, 'cause you
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know, look, I'm 55 years old. I've been, of course, through a
19:40
lots of ups and downs in my Life, OK?
19:43
But the point when you get somewhere where you don't feel
19:46
like it anymore, where you're going to give up, everybody
19:50
experiences that. That's part of life, whether
19:52
we're talking about you in school, you doing a business,
19:56
you doing a home improvement project, no matter what it is,
20:00
that's just natural, that's normal.
20:02
Things are generally fun at the beginning and then you hit a
20:06
period where it's not maybe so much of adrenaline.
20:10
Excitement OK, but if you have still maintained the long term
20:15
goal, that point is the critical point that you just need to work
20:20
through. And when you do, you probably
20:22
have seen that graphic right of the guy digging, digging,
20:24
digging in a mine and he's like, finally he just like, I'm going
20:28
to give up. But just on the other side of
20:31
the of the next little layer of rock is a big pile of gold, OK?
20:35
That's what it takes. You can be grateful.
20:37
Look, think about this. This is powerful.
20:40
When you hit those periods where you want to give up or you're
20:43
burnt out or, oh, this is whatever in life, and I'm UFD,
20:47
we ain't ever given up. We know that, OK, But I'm just
20:49
saying in general, those periods are good.
20:53
You can look at it in a good way, 'cause that's when the
20:55
quitters quit. That's when your competition
20:58
goes away. Even with UFD, we can look at it
21:01
that way. Look, there's 12 million meme
21:03
coins out there in the world or more for that matter, right?
21:07
And sure, there's a lot of excitement that's generated
21:10
among some of the very beginning, but then the most of
21:12
them give up, right? We don't give up.
21:15
That's what has set us apart. That's what will continue to set
21:18
us apart. And is this jug fills and
21:21
there's only 999 beans eventually.
21:26
Come on, UFD, right? We're doing it.
21:29
This is real. And it's not just real, it's
21:32
good and it's fair. It's that opportunity that we've
21:35
all been waiting for. OK, sorry, right.
21:39
We can't complain that it's not a fair shot.
21:41
We got our fair shot and we are not going to never, ever, ever.
21:50
OK, What else is going out there in the world right now?
21:54
Let's just talk about some big macroeconomic things going on.
21:58
the Fed that was a big deal earlier in the week that was
22:02
kind of a created a headwind for the world of crypto when the Fed
22:06
came out and nobody expected them to lower rates.
22:10
But the feeling from them was that things were kind of
22:14
hawkish. That means that they're going to
22:16
be more tight with monetary policy.
22:18
Don't worry. At the end of the day, the
22:21
dollar, the paper dollar, because of the situation that
22:24
our government has put us in, will only continue to go down in
22:28
real value unless we have an economic miracle or suddenly,
22:33
right, the United States decides to become very frugal, very
22:37
tight with their money. And none of that is going to
22:39
happen. So as you absorb all this noise
22:42
out there about the Federal Reserve and interest rates and
22:46
Trump and tariffs and everything else, look, I'll make it really
22:49
when you distill it down to the facts, the, the, the simple fact
22:54
is there's really nothing that can stop the US dollar.
22:59
Unfortunately. Look, I'm a I'm a patriot.
23:01
I love what our original founding fathers.
23:04
I'm telling you, the founding fathers of this country would
23:06
love crypto, but there's nothing that's going to stop our dollar
23:11
from going down more in value. Let's look at a couple quick
23:14
headlines that we got this week. This one came from zero hedge
23:20
the most divided. So what I want to what I want to
23:25
to emphasize for you is that while things look OK on the
23:28
surface for the US economy, when you look under the hood, there's
23:32
a lot of trouble under the hood of the of the US economy.
23:37
OK, so we have the most divided Fed in 32 years refusing to cut
23:41
rates again. Let's go take a look at the US
23:45
dollar index. We've been keeping a close eye
23:48
on this. This is the DXY index.
23:51
This is like the, you know, the I, I can't, for lack of a better
23:55
way to describe it. It's the prettiest turd in the
23:59
toilet contest. OK.
24:00
This compares the dollar to a basket of other currencies like
24:04
the Japanese yen, the euro, I think the Swiss franc, maybe
24:08
even the British pound. And we are down big today.
24:12
Wow. Now we're down big today because
24:15
the jobs numbers came out. Let me and we're going to get to
24:18
that in one second and I'll tell you why that's important.
24:21
So when the jobs numbers came out and they were bad, that
24:24
increases the odds of a rate cut, which made the dollar.
24:27
That's a massive move in the DXY index.
24:31
And remember this guys, we were watching very closely.
24:36
You want to get technical? I can get technical with you.
24:39
This DXY index. And as we can see right here, we
24:43
circle this first. That's 100.
24:46
And again, today we're about 99. But if we draw a line, this is a
24:51
chart that goes back what, 40 years at the 100 level, you can
24:57
see, right? If you look at the 100 level,
25:01
we've broken below that number one.
25:03
But #2 and what in the lower we go down here, the better that
25:07
will be for crypto, the better that will be for any non Fiat
25:11
based investment tool, crypto, gold and silver, land, oil,
25:17
whatever. But it's not uncalled for that
25:20
we go way below there. As you can see, really we were
25:22
just barely above it for this period of time.
25:26
I don't know, maybe the last. What was that?
25:28
Three years? We had this period here back in
25:32
O one time frame and then a little bit back here.
25:36
But the vast majority of the time we're down here below 100.
25:41
So we're going to keep a close eye on that.
25:43
That's the DXY index. Again, that's like the best
25:47
horse in the horse factory. There's all types of analogies.
25:50
Sorry, I used one that was toilet oriented earlier.
25:52
I apologize for that. And next we're going to go look.
25:56
We're going to look at the odds of a rate cut and see how they
25:59
may have changed today. But first, before we do that,
26:02
let's say hello to us again. Don't forget, please retweet
26:06
this, go on YouTube, subscribe to our YouTube channel, Unicorn
26:11
Fart Dust. It's got a big pink banner.
26:13
I think my face is on there. It's very important.
26:16
And most importantly, we love her.
26:19
She's the queen of UFD. She's the woman behind the
26:22
scenes. It's upstairs.
26:24
Susie. Let's check with her and see if
26:26
there's anything that I'm forgetting to do, which I'm sure
26:28
there is. Hey, Susie, are you there Over?
26:37
Susie, I think you forgot to turn your walkie-talkie on.
26:44
Oh, well, thanks a lot, Susie. Oh, OK.
26:49
Susie's, you want you to say hi to everybody real loud.
26:53
OK, You probably can't hear that.
26:54
Susie's temporarily unlocked the door and said hello.
26:59
And the other important thing for us to remember, Trump equals
27:02
volatility. OK, we're in kind of this.
27:05
The stock market's at an all time high.
27:07
Everything's rosy in the economy, guys.
27:10
Trump. And I'm not a political
27:12
statement at all. I never get political ever.
27:14
Never have on any of my channels, never will.
27:17
But let's take a step back and look at Trump.
27:21
I mean, it's plain as day. I don't have to give examples.
27:24
Trump is volatility. Trump is drama, all right.
27:28
There's always a lot of drama surrounding Trump lawsuits,
27:31
this, that, the other, a lot of things that are said, Somebody
27:35
said this the other day. It's become more of a Trump
27:38
driven market than it has a Fed driven market.
27:41
It used to be guys. For those who aren't around
27:43
that, like 2 years ago, the Fed monetary policy decision, like
27:49
we got a that would drive the markets massively, but now it's
27:54
become more of a Trump driven market.
27:56
Oh, let's go out and take a look at this, the news today because
28:00
this is interesting. Here we are we're at CNBC right
28:07
now and as we can see we'll go and look at the crypto prices
28:11
and the precious metals prices here in a second but big story.
28:15
the United States added just 73,000 jobs in July and numbers
28:19
for prior months were revised much lower.
28:22
So apparently the jobs number came in we're going to we'll
28:25
we'll click on this lower than expected, but also right, which
28:30
they always have done over the years.
28:33
They always go back and revise the previous previous, previous
28:37
are easy for me to say months numbers much lower.
28:41
There's Rick Santelli, I like him.
28:43
Job growth added total. Here we go.
28:46
Let's let's read this job growth.
28:49
Job growth totaled 73,000 jobs for the month, above the above
28:55
the June total of 14,000, but below even the meager Dow Jones
29:00
estimate of 100,000. Wow, so it really under under
29:05
performed. June and May totals were revised
29:08
sharply lower down by a combined 258,000 jobs from the previous.
29:17
So when they here's the deal, a month ago they announced the
29:22
June jobs numbers. OK, a month before that they
29:26
announced the May jobs numbers. What they're basically saying is
29:29
those numbers were over, over reported by almost a / 1/4 of a
29:36
million jobs. So there were a quarter of a
29:38
million make believe jobs that were reported.
29:42
That is insane. That is crazy.
29:44
Look, I used to talk about this a lot more on my on my precious
29:50
metals, Ron's basement live streams all the time.
29:53
But it's insane how they can report these numbers and then a
29:57
month later go back and kind of quietly say, oh, last month's
30:00
numbers were wrong, but 1/4 of a million, right?
30:04
What about all those people? Did they get this?
30:06
Did they get the cash make there were make believe jobs?
30:09
Did they get the cash make believe paychecks?
30:12
I mean, it's absolutely crazy. OK, absolutely crazy.
30:16
Let's go look at the odds of a rate cut in September.
30:23
So the next Fed meeting will be in September and let's share
30:28
this. OK, we'll do a refresh.
30:34
OK. So the next Fed meeting is now
30:38
going to be in September. They've not updated their little
30:40
ticker there yet, but I think it's about 6:00 or seven weeks
30:43
away. And OK, so here we are.
30:48
All right, hold on here guys. Here we go.
30:57
So this let's make sure we got the September meeting, which we
31:00
do. You can see that's highlighted
31:02
right here. We'll click it again just to
31:04
make sure. OK, so in September we are
31:08
looking at this right? Here's the current rate, 4.25.
31:13
There's now an 82% chance that they will cut rates at the next
31:19
meeting and only an 18% chance, OK, as you can see down here
31:24
that the rates will remain the same, 80% chance that rates will
31:28
get cut by 1/4 point. So it's going to be interesting.
31:31
I want to keep you, keep everybody up to speed on kind of
31:34
the big macro news. But here's the reality.
31:37
I want you to think about this. Yeah, I know on the surface
31:40
everything in the US economy looks great.
31:45
And hey, I live here and I love this country, no doubt about it.
31:49
It is the land of opportunity despite our relative to most
31:54
other places in the world. So sorry I'm losing my voice,
32:01
but but I am very worried about what's going on under the hood.
32:08
I want to ask you a question, OK, If I came to you and said,
32:12
hey, here's my situation with Susie and I and this is not our
32:16
situation gratefully, but it is the situation for a lot of other
32:20
Americans. If I told you that, hey, look,
32:22
everything in our life is great. We've got a new, you know, Chevy
32:26
Tahoe in the driveway. We had this beautiful 5 bedroom
32:30
home. We're going on the cruise with
32:32
the family next month. My kids going to go to, you
32:36
know, XYZ University we're doing look at our life.
32:39
It's so great. But then I told you that under
32:43
the hood, oh what? You know, we've got a $690,000
32:47
mortgage on our house and we've got 100,000 in credit card debt.
32:51
We've got 80,000 in car debt. My kids going to have 190,000 in
32:57
in college debt if you get my point.
33:00
Like on the surface everything can look OK 'cause what you
33:03
would tell me is oh and by the way, my incomes about, I don't
33:07
know, 90,000 a year you'd say. Yeah, on the surface everything
33:11
looks great. But when you look under the hood
33:14
with all that debt, it's not sustainable.
33:17
And I hate to have to say this, but that's exactly what's going
33:20
on in our country right now. And don't you think for a second
33:24
I'll warn you, this is my opinion.
33:26
I don't have a crystal ball and as normal, I forgot, I tell you,
33:29
I'm not a financial advisor. Don't buy or sell anything based
33:33
on what I'm saying. But we are, it's like
33:36
mathematically impossible that we aren't going to head for some
33:39
very challenging economic times in this country.
33:43
And, and, and the net of it is going to be right now for the
33:47
next three, what, 3 1/2 years. We have a president, not a
33:51
political statement, but we do have a president who has a
33:53
record of loving debt throughout his entire life and he even
33:58
claiming bankruptcy a number of times.
34:01
So to think that that, that, that our leadership in this
34:05
country is not going to, is not going to devalue the US dollar.
34:11
Trump said it himself. I had a darn it, I had a, a
34:14
thing that I was going to share. But anyway, he recently said
34:17
that he wants a weak dollar that's good for our economy,
34:21
quote UN quote. OK, so be prepared guys.
34:24
The, the, the, the reality is this they can make as many
34:28
dollars as they want and they've proven that you know the
34:32
statistics about the number of dollars that were printed during
34:35
the C-19 crisis. They can't print more Bitcoin a
34:41
little bit can be mined. They can't make more Unicorn
34:44
fart does we are finite. We are fixed.
34:47
Our number of our our ability to reproduce more Unicorn fart desk
34:52
coins has been neutered. They can't make more silver.
34:57
They can't make more gold. OK, and remember, look, but
35:02
before I started Unicorn Fart Dust, all I talked about was
35:05
silver and gold. OK?
35:06
I still love silver and gold. I still put out content on Ron's
35:10
basement for silver and gold. You can't make the things you
35:13
can't make more of are going to become more valued as measured
35:19
in U.S. dollars. This is going on throughout
35:22
history for thousands of years. OK, That's why people love gold
35:27
and silver. Before there was crypto, all
35:29
they had was gold and silver. And again, I still love gold and
35:32
silver. I still make content about gold
35:34
and silver. But now there's crypto, which is
35:37
another option. And anything that's measured in
35:40
U.S. dollars as the dollar goes down in real value.
35:44
That DXY thing I showed you earlier is kind of it's like 3
35:48
guys jumping off the top of the Empire State Building and
35:51
looking at each other and saying, hey, you're falling
35:53
faster than me, right? They're all kind of headed for
35:56
the the same ultimate the demise at the end of their fall, things
36:02
that are things that are finite in nature.
36:05
All right. And on top of that, all the
36:06
great things that we're doing here in UFDI believe.
36:09
Oh, don't forget, I'm not a financial advisor.
36:12
Don't make any financial decisions based on anything that
36:14
I may or may not have said to you today.
36:18
But I think there's a bright, bright, bright, bright, bright
36:21
future. Thanks for joining me.
36:23
OK, Be good to yourself please. That's number one.
36:26
That'll give you a platform from which to be good to other
36:29
people. Have a great day.
36:31
Let's go UFD. OK guys, we are on a long term
36:37
journey together, decades. All right, let's keep it up.
36:41
Keep up the great work, OK? It's working.
36:44
It will continue to work and we will continue to thrive as a
36:48
community. Take care.