Latest / The Paul Barron Crypto Show / Bull-Run Over in January?🔥with Chris Vermeulen 📉Technical Traders

Transcript

Bull-Run Over in January?🔥with Chris Vermeulen 📉Technical Traders · The Paul Barron Crypto Show

0:06
Speaker 1: All right, guys, we are in a bull run. The
0:07
Speaker 1: question is going to be how long does this bull
0:09
Speaker 1: run last? What is the move that bitcoin is currently undertaking.
0:12
Speaker 1: We'll break it all down for you guys today. My
0:14
Speaker 1: name is Paul Berreo. Welcome back in the tech path.
0:16
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1:16
Speaker 2: Today we're going to dive in a little deeper.
1:18
Speaker 1: And I think one of the things that I want
1:21
Speaker 1: to get into has really been around whether or not
1:25
Speaker 1: this bull run is going to last long? What would
1:27
Speaker 1: we see if the market is shifts quickly? And I
1:31
Speaker 1: wanted to bring on a gentleman by the name of
1:33
Speaker 1: Chris Fromillion who has been talking about this for quite
1:36
Speaker 1: some time.
1:37
Speaker 2: So Chris, welcome into the show. How are you.
1:39
Speaker 3: I'm good, Paul, thanks for having me on the show.
1:40
Speaker 1: Pleasure excellent. So technical Traders, just a quick rundown. What
1:45
Speaker 1: does technical traders do? How do you guys work your
1:48
Speaker 1: business so we can kind of understand where you're coming from.
1:51
Speaker 4: Yeah, from a high level, I'm a technical trader. Meeting,
1:53
Speaker 4: I just follow price. I don't care about news. I
1:56
Speaker 4: follow price, money flows, cycles, sentiment, things like that, and
1:59
Speaker 4: I really just invest my own money and I share
2:01
Speaker 4: it as a newsletter at the technical traders. So I
2:03
Speaker 4: analyze the markets and I share my ETF trades for
2:06
Speaker 4: anyone to copy what I do. I write the cotails
2:08
Speaker 4: in the markets, people write my cotails and that's it.
2:12
Speaker 3: I like it.
2:13
Speaker 1: I like it, well, excellent, Well, I'm gonna have to
2:15
Speaker 1: jump on your newsletter for sure. I want to get
2:17
Speaker 1: into a few points right now, where the market currently is. Obviously,
2:21
Speaker 1: the S and P now at twenty six percent year
2:24
Speaker 1: to date. Let me kind of zoom in on that
2:25
Speaker 1: for everybody best. And this is on track now to
2:28
Speaker 1: post its best election year performance in eighty eight years.
2:32
Speaker 1: So the index is now returned more than during the
2:34
Speaker 1: previous three election years combined. Pretty significant when you look
2:38
Speaker 1: at the performance right now, if where the market stands,
2:41
Speaker 1: and we're going to get into a lot of you know,
2:43
Speaker 1: some crypto related stuff, but in general, a lot of
2:47
Speaker 1: the sensitivities of the market relate to what's happening in
2:50
Speaker 1: the crypto markets as well. When you look at the
2:53
Speaker 1: current market right now, is this going to be kind
2:56
Speaker 1: of the Tom Lee vision of we are still in
2:58
Speaker 1: the early runs, or is this.
3:00
Speaker 2: Something that you're a little bit more concerned about right now.
3:05
Speaker 4: I'm concerned longer term to look out like twenty twenty five.
3:07
Speaker 4: I think by the end of twenty twenty five, I
3:09
Speaker 4: think it's gonna be a very difficult year for investors.
3:12
Speaker 4: I think the equities markets are going to soften and
3:14
Speaker 4: roll over. I think we're going to see a recession
3:16
Speaker 4: really kick in. So I think it's gonna be very painful.
3:19
Speaker 4: But in the short term, we've got money flowing into
3:22
Speaker 4: the stock market. It's a broad market rally this time,
3:24
Speaker 4: so we've got money piling into all the aggressive spaces,
3:28
Speaker 4: into into cryptos, into lithium, uranium stocks, gold miners, money's
3:32
Speaker 4: just going into small caps in general. So this is
3:35
Speaker 4: a good sign. So, you know, Trump and Elon Moore
3:37
Speaker 4: or less like, I kind of think of them as
3:38
Speaker 4: a combo. They're pushing and got people all worked up,
3:41
Speaker 4: and so this seasonality wise, is a very strong push
3:44
Speaker 4: into the end of the year.
3:46
Speaker 3: So I do think we're going to see.
3:47
Speaker 4: The markets want to hold up or continue to go
3:49
Speaker 4: higher into the end of the year come January. Though
3:52
Speaker 4: generally with a monthly chart, if you look at the
3:54
Speaker 4: SP five hundred, wherever January closes, if it's positive, it
3:57
Speaker 4: should be a positive year for equities. If it's negative,
4:00
Speaker 4: of at the end of January, it's usually a negative
4:02
Speaker 4: year for the markets.
4:03
Speaker 3: So it's gonna be very interesting to see how all
4:05
Speaker 3: that shakes out in the long run. And I'm long
4:08
Speaker 3: term bearage.
4:09
Speaker 4: I think things are going to get ugly, but I'm
4:11
Speaker 4: still a long in the market, so you can't fight
4:13
Speaker 4: this trend.
4:13
Speaker 1: So you got to write right, all right, Well, let's
4:16
Speaker 1: break that down a little bit, because I think this
4:18
Speaker 1: is some good advice in the sense of being able
4:21
Speaker 1: to manage risk because a lot of people are going
4:24
Speaker 1: to be piling into what we've seen has pretty much
4:27
Speaker 1: been this wall of capital that everybody has been talking
4:30
Speaker 1: about for the past six months. Maybe now it is
4:33
Speaker 1: finally here. Do you think this runs well into the
4:37
Speaker 1: first quarter or you had mentioned January.
4:40
Speaker 2: Kind of take a look at the S and P
4:41
Speaker 2: at that time.
4:42
Speaker 1: Do you think this can go after Trump is inaugurated
4:45
Speaker 1: and we start to see maybe some regulatory framework get
4:48
Speaker 1: aligned and maybe some of the risk assets like cryptos
4:51
Speaker 1: starting to benefit from that.
4:53
Speaker 2: What are your thoughts?
4:55
Speaker 4: Yeah, I think this could have a little bit of
4:56
Speaker 4: legs behind it. The market always has a way of
4:58
Speaker 4: dragging things out, and I think as Trump moves in,
5:01
Speaker 4: people will probably continue to be more bullish and feel
5:04
Speaker 4: like they want to risk money they I think people
5:06
Speaker 4: are looking at as a good spot. So again, I
5:09
Speaker 4: think it comes down to how is January going to close?
5:12
Speaker 4: And that's still a long ways away, that's two and
5:14
Speaker 4: a half months away. A lot can happen. This momentum
5:16
Speaker 4: of everybody all worked up and excited about the election
5:19
Speaker 4: or hating the election, betting what side you're on. You know,
5:23
Speaker 4: this emotion takes a while to work out of the system,
5:25
Speaker 4: and portfolios are still trying to recalibrate and rebalance and everything.
5:29
Speaker 4: So I think we just need to let the sentiment
5:31
Speaker 4: and the emotions fizzle out and people rebalance, and then
5:33
Speaker 4: from there we'll see how it goes. So I'm bullish,
5:36
Speaker 4: I think into January. I don't know how January is
5:38
Speaker 4: going to end. I have a bearish feel to it,
5:40
Speaker 4: But that's about it.
5:42
Speaker 1: I want to get into why you think the latter
5:45
Speaker 1: part of twenty five could get a little dicey for
5:48
Speaker 1: not only the economy, but maybe the global scale as
5:51
Speaker 1: well around some other trading factors out there. But I
5:55
Speaker 1: want to jump into a couple points here. Crypto market
5:58
Speaker 1: now extreme greed, they see some de leveraging before the
6:01
Speaker 1: one hundred k. Many people have been kind of talking
6:03
Speaker 1: about this right now. Last time we saw a score
6:06
Speaker 1: of eighty was on April ninth, when we saw the
6:09
Speaker 1: last real run, especially in the risk assets, a lot
6:12
Speaker 1: of the all coins that many.
6:14
Speaker 2: People watch our show for. But if you look at this.
6:16
Speaker 1: Cycle too, do you think bitcoin is going to continue
6:20
Speaker 1: to track with the S and P because it has
6:23
Speaker 1: not deviated as of yet.
6:26
Speaker 4: I still see bitcoin as its own I look at
6:30
Speaker 4: almost every asset class and every investment as its own thing,
6:33
Speaker 4: and yeah, it might be tracking with it, but I
6:35
Speaker 4: still always kind of follow what that asset is doing.
6:38
Speaker 4: So like, I really like bitcoin. I haven't bought bitcoin
6:40
Speaker 4: in like ten years, and I bought some last week,
6:43
Speaker 4: and simply because the monthly chart has got the most
6:46
Speaker 4: beautiful jar pattern I have seen and I don't know
6:48
Speaker 4: how long. So I told everybody, I'm like, I'm buying
6:50
Speaker 4: it's a bitcoin, And of course it's it's popping and
6:53
Speaker 4: rallying because it shows where the first target was eighty
6:56
Speaker 4: seven nine hundred, which we hit. You know, yesterday, and
7:00
Speaker 4: the next one is one hundred and twelve thousand is
7:03
Speaker 4: the next upside for bitcoin, and it looks like it's
7:05
Speaker 4: going to muscle its way up there from based on
7:07
Speaker 4: the chart. So I like Bitcoin in terms of what
7:11
Speaker 4: is doing. I think it's going to perform very well
7:13
Speaker 4: going forward.
7:14
Speaker 2: Very cool.
7:15
Speaker 1: So a couple of points you hit on is next
7:18
Speaker 1: price targets. Here a billion in leverage crypto positions were
7:21
Speaker 1: liquidated yesterday. This could be even further into liquidations around
7:26
Speaker 1: especially around logs. Right now with bitcoin performing again almost
7:29
Speaker 1: clipping into eighty nine thousand again, I think as we're
7:32
Speaker 1: maybe filming this, we've already eclipsed that. When you look
7:36
Speaker 1: at the next two months, as you had mentioned earlier,
7:39
Speaker 1: you like the the let's say above one hundred k.
7:43
Speaker 1: Do you feel like bitcoin is in a position to
7:46
Speaker 1: maybe run a little bit further like some analysts, I mean,
7:49
Speaker 1: Tom Lee has been on record many times saying he
7:52
Speaker 1: feels like we could be in maybe in the two
7:55
Speaker 1: hundred k point of where bitcoin could be for twenty
7:58
Speaker 1: twenty five.
7:58
Speaker 2: Do you think it's that strong?
8:02
Speaker 3: I think it's going to go to one twelve. I
8:04
Speaker 3: really do think.
8:05
Speaker 4: I think it's going to Muscless way there can it
8:06
Speaker 4: go a whole lot higher. So, like one caveat, I'm
8:09
Speaker 4: not a huge crypto guy. My specialty is on the
8:12
Speaker 4: SP five hundred bonds, the US dollar index. I can
8:16
Speaker 4: navigate those and manage risk and positions very well. Crypto
8:19
Speaker 4: is not my space. The only reason I'm in crypto
8:22
Speaker 4: and bitcoin specifically right now is simply because from a
8:25
Speaker 4: technical standpoint, the charts are pretty much as perfect as
8:29
Speaker 4: it gets, and so it's a trade opportunity. I'm not
8:32
Speaker 4: looking at this as a long term investment. That's not
8:34
Speaker 4: how I view crypto. I'm moving in as a as
8:37
Speaker 4: a short term aggressive investment. I think it has potential
8:41
Speaker 4: to go much higher, So there's tons of potential. I
8:45
Speaker 4: look at it one step out of time, one stair step,
8:47
Speaker 4: one pattern at a time, and I kind of will
8:49
Speaker 4: play it that way versus kind of just buy and
8:51
Speaker 4: hunker down.
8:53
Speaker 1: Once bitcoin hits that one twelve range, I want to
8:55
Speaker 1: come back and kind of find out where your thoughts
8:58
Speaker 1: are at that point, because you're right right now. What
9:00
Speaker 1: we're seeing is a lot of active traders in the
9:02
Speaker 1: market that aren't typical crypto people, but are starting to
9:05
Speaker 1: move into this risk asset Blackrock. Of course, their ETFs
9:09
Speaker 1: are passed a one point five billion envolument. It's first
9:12
Speaker 1: hour of trading, so this again was more news and
9:16
Speaker 1: more mainstream. Are you seeing more traditional traders like yourself
9:21
Speaker 1: making this trade right now? Are they continuing to pour
9:23
Speaker 1: in to the SMP.
9:28
Speaker 4: I yeah, I think we're seeing. I think we're seeing
9:31
Speaker 4: a lot more people move in into crypto simply because
9:34
Speaker 4: now there's a whole bunch of ETFs. So now it's
9:36
Speaker 4: really easy, right, I mean, and because there's so many,
9:39
Speaker 4: it feels like it's normal.
9:41
Speaker 3: I don't know, it's just.
9:43
Speaker 4: You have kind of picking your litter between the ETF
9:45
Speaker 4: or the type of fun that you can manage and follow.
9:48
Speaker 4: So people are getting more comfortable with it, and I
9:50
Speaker 4: guess the followers of people that I talk about or
9:53
Speaker 4: talk with, we see it from a more like a
9:56
Speaker 4: very logical standpoint. There's a reason to get in now,
9:58
Speaker 4: right now, specifically because it's minute. It's showing that we
10:01
Speaker 4: should see this forty eight percent rally over the next
10:03
Speaker 4: two to three months potentially, and that's what we got
10:06
Speaker 4: positioned for last week.
10:07
Speaker 3: So that's why the people that I follow We're.
10:09
Speaker 4: Not heavy into it at all, but this is kind
10:12
Speaker 4: of like, this is an opportunity to put some money
10:14
Speaker 4: to work, and it should have like kind of rocket
10:17
Speaker 4: ship elon Musk kind of take off.
10:18
Speaker 3: Here it shoots up to one twelve.
10:22
Speaker 1: Here's Eric balshunas he's been our show many times. Of
10:25
Speaker 1: course we call him the ETF ZAR. But ninety billion
10:29
Speaker 1: in assets after yesterday's six billion jump billion and inflows,
10:33
Speaker 1: five bill in market appreciation, seventy two percent of the
10:36
Speaker 1: way to passing Gold's ETF That's my next question. Bitcoin
10:41
Speaker 1: surpasses silver. Now we're looking at possibly taking I say
10:46
Speaker 1: we meaning bitcoin the asset class starting to really challenge gold.
10:50
Speaker 1: Do you think gold has pretty much run its course
10:53
Speaker 1: right now or do you think there's still some opportunity
10:55
Speaker 1: here with gold long term?
10:59
Speaker 4: I think gold has more or less run its course.
11:01
Speaker 4: And kind of to tie back to a question you
11:03
Speaker 4: asked a little while ago I didn't quite answer, is
11:05
Speaker 4: why do I feel like there's like twenty twenty five
11:08
Speaker 4: is going to have some headwinds. I think a big
11:10
Speaker 4: chunk of it comes back to gold, which is I
11:13
Speaker 4: look at gold as the planet like a hive mentality
11:17
Speaker 4: when gold goes up. We saw this in two thousand
11:19
Speaker 4: and seven. Gold took off and rallied just before we
11:22
Speaker 4: had a financial crisis, before the bubble and equities and
11:26
Speaker 4: housing burst, and we've we're seen the exact same type
11:29
Speaker 4: of run in gold, and so gold is the whole
11:31
Speaker 4: world getting nervous about things. There's war going on, there's
11:35
Speaker 4: current huge currency shifts. Still, a lot of people think
11:38
Speaker 4: there's a bubble in the equities market, there's a bubble
11:40
Speaker 4: in real estate, and so people are trying to get
11:42
Speaker 4: out of the financially irregulated stuff, and they're like, give
11:45
Speaker 4: me bitcoin, give me gold, give me something different, right,
11:48
Speaker 4: And so gold's come to life, and that is like
11:51
Speaker 4: the big warning sign that I think we're going to
11:53
Speaker 4: get into tough times. And I think bitcoin and gold
11:57
Speaker 4: are gonna have some very interesting price action. I don't
11:59
Speaker 4: know how bitcoin will in crypto's will be affected during
12:03
Speaker 4: a big bear market, if they're going to get pulled
12:05
Speaker 4: down with it. I do believe gold's going to get
12:08
Speaker 4: pulled back probably twenty five thirty five percent with this.
12:11
Speaker 4: In twenty twenty five. I think gold has hit a
12:14
Speaker 4: measured move from two thousand and one to the two
12:16
Speaker 4: thousand and eleven high if you use Fibonacci extensions, twenty
12:20
Speaker 4: seven to fifty was the peak that gold should reach
12:23
Speaker 4: and then something is going to change. And so we
12:25
Speaker 4: just hit that this month in gold starting to pull
12:28
Speaker 4: back doesn't mean it's fully topped. It's just saying that
12:31
Speaker 4: move that fifteen year pattern has now moved, is unfolded,
12:34
Speaker 4: and so now you really have to be like, Okay,
12:37
Speaker 4: gold kind of play is done. I think maybe money's
12:40
Speaker 4: now flowing out of gold and going to go into
12:42
Speaker 4: crypto for and it's going to have this big leg up.
12:45
Speaker 4: So I think we're seeing slashing effect of now it's
12:47
Speaker 4: coming out of gold slashing into crypto kind of in
12:50
Speaker 4: that way.
12:52
Speaker 1: With that being the case, and you look at what's
12:54
Speaker 1: going on within the bricks Nations, they've came out very
12:58
Speaker 1: bullish around gold is a reserve capital for what they're
13:02
Speaker 1: trying to do. They're also starting to line up with
13:05
Speaker 1: some of the digital assets, bitcoin being one of them.
13:08
Speaker 1: Looking at these and you mentioned the potential here of
13:11
Speaker 1: a very risk off scenario playing out into twenty twenty five.
13:16
Speaker 1: First of all, what do you think is going to
13:17
Speaker 1: lead us into that? Do you feel like it's this
13:19
Speaker 1: whole tariff concept with what Trump is trying to implement
13:23
Speaker 1: that could spin us into there where the Fed starts
13:25
Speaker 1: having to hike rates again. What are your thoughts there,
13:28
Speaker 1: What are some of the causation scenarios.
13:31
Speaker 4: Yeah, there's a lot of stuff that could come into
13:34
Speaker 4: play there, but generally, look at the stuff that I'm
13:36
Speaker 4: looking at that the economy is slowly grinding to a
13:39
Speaker 4: halt is we're seeing more or less consumer in the States.
13:43
Speaker 4: We're seeing savings excess savings has depleted, so people have
13:48
Speaker 4: burnt through their savings. We're now seeing the highest level
13:51
Speaker 4: of credit cards being maxed out and being delinquent, so
13:54
Speaker 4: people can't pay pay them off. They're just they're giving
13:57
Speaker 4: up on it. So that's the first thing that people
13:59
Speaker 4: stop paying is usually their credit card. And now we're
14:02
Speaker 4: seeing commercial mortgages or defaulting, which have been rocketing higher
14:05
Speaker 4: for a while. Now, residential is going We're seeing unemployments
14:08
Speaker 4: slowly start to build up. We're seeing layoffs, less jobs
14:12
Speaker 4: in manufacturing, which is like a three to six month
14:15
Speaker 4: lead time for the economy. And so there's a whole
14:19
Speaker 4: bunch of other stuff, But to me, it's the momentum
14:21
Speaker 4: is styling out. The housing market has been really soft.
14:24
Speaker 4: There's a million homes for sale, millions of homes they're
14:27
Speaker 4: not selling because nobody wants to lower their price, and
14:30
Speaker 4: so the bottom is about to fall out of the
14:32
Speaker 4: housing market and it's going to collapse. It's going to
14:34
Speaker 4: create a lot of fearful money, so it'll be you know,
14:37
Speaker 4: I think all of these things are just telling us
14:39
Speaker 4: that this economic tide, this cycle, even though there's an
14:43
Speaker 4: election creating a bump up, there's bigger cycles in the
14:47
Speaker 4: world and the universe kind of at play that you
14:49
Speaker 4: really can maybe stretch a little bit longer, but they're
14:51
Speaker 4: going to come around and pull the markets down. And
14:53
Speaker 4: I believe that cycle is like almost about to pull
14:57
Speaker 4: the rest of the economy down once that. I think
14:59
Speaker 4: the Trump kind of pop or bump is kind of done.
15:03
Speaker 1: So if you're right, and Chris, if you are right
15:06
Speaker 1: on this, and you've got the Fed coming in with
15:09
Speaker 1: another quarter point just last week, most likely people are
15:13
Speaker 1: now pointing to December giving us another quarter point. That's
15:16
Speaker 1: a full point in what we've seen in the FED funds. Right, sure, Yeah,
15:22
Speaker 1: I would say inflation is somewhat checked right now, But
15:25
Speaker 1: I don't know that we've seen real data yet to
15:27
Speaker 1: give us a full insight. And plus we're also in
15:29
Speaker 1: the holiday season, so it's going to be difficult to measure.
15:31
Speaker 1: But do you think Chair Powell made the right decision?
15:36
Speaker 1: Do you think, because the way you're talking, it sounds
15:38
Speaker 1: like maybe he went out a little bit early on
15:40
Speaker 1: this in terms of the ray cuts.
15:43
Speaker 4: Yeah, I think the Fed's always been way behind the ball,
15:45
Speaker 4: and this time I think they're like they're trying to
15:48
Speaker 4: be They're way in front of the ball, like they're
15:49
Speaker 4: they're already cutting. Like usually in my experience, like the
15:53
Speaker 4: ray cuts don't really come until there's like blood on
15:56
Speaker 4: Wall Street and it's brutal, right, like layoffs and all
16:00
Speaker 4: that stuff, And here the FED is just like firing
16:02
Speaker 4: off these rate cuts like nothing. They've got so many
16:06
Speaker 4: bullets in their gun now that they're just like Almo.
16:08
Speaker 4: I feel like they're almost wasting them there because I
16:10
Speaker 4: think they're going to need them. I think things are
16:11
Speaker 4: going to get ugly. So I think they're ahead of
16:14
Speaker 4: themselves and that is helping kind of boost the markets,
16:18
Speaker 4: the equities markets, and hold things up. But again I
16:22
Speaker 4: don't really care what they do so much because eventually
16:25
Speaker 4: this cycle is coming into play and it doesn't matter
16:27
Speaker 4: how much they cut, we still go into a financial
16:29
Speaker 4: reset and all they're doing is trying to reduce the
16:33
Speaker 4: damage a bit. But again, there's big things at play
16:36
Speaker 4: that all they can do is kind of try to
16:38
Speaker 4: slow and cushion things. But I don't think they can stop,
16:40
Speaker 4: you know, massive tides.
16:42
Speaker 1: So Chris, you look at, you know, the opportunity here
16:45
Speaker 1: that's in front of us right now. There is going
16:47
Speaker 1: to be possibly some short term gains in this bull
16:50
Speaker 1: market that we're in the middle of.
16:52
Speaker 2: How long that.
16:52
Speaker 1: Lasts is still up in the air. But what you're
16:55
Speaker 1: getting at is that we are going to see a
16:57
Speaker 1: correction when that occurs. And if you are right, where
17:01
Speaker 1: would you be looking at because that's going to where
17:03
Speaker 1: any of these corrections that's what creates great wealth because
17:06
Speaker 1: these markets suppressed down dramatically.
17:09
Speaker 2: Would you be looking at.
17:10
Speaker 1: You know, some of the fixed assets like real estate,
17:12
Speaker 1: would you be looking at going back into precious metals
17:15
Speaker 1: or possibly even the digital assets if they're suppressed, or
17:18
Speaker 1: just back into the S and P. How would you
17:20
Speaker 1: guys play that, you know, kind of looking forward here
17:22
Speaker 1: in case the market really does crash.
17:25
Speaker 4: Yeah, so when the market eventually, it's just a matter
17:28
Speaker 4: of time of when it crashes and where the top is.
17:30
Speaker 4: But eventually, when it crashes, the key is to identify
17:33
Speaker 4: when it happens and then have an asset to move to. So,
17:37
Speaker 4: for all we know, bonds like TLT could be actually
17:39
Speaker 4: a good play while the stock market is falling. When
17:42
Speaker 4: the stock market falls enough and it enters a full fledge,
17:45
Speaker 4: what I call is a stage four decline. This is
17:47
Speaker 4: like a financial crisis phase. You can take advantage of
17:51
Speaker 4: a falling market with inverse CTFs. Generally you don't really
17:54
Speaker 4: want to buy stocks, you don't want to buy really
17:56
Speaker 4: anything because almost all assets go down. So your best
17:59
Speaker 4: to take advantage from the tide constantly going down. So
18:02
Speaker 4: bet with the markets, meaning I want you want it
18:05
Speaker 4: to fall. And then once the market does bottom, it
18:08
Speaker 4: is going to be a game changer. People who preserve
18:10
Speaker 4: their wealth, who avoid the crash, either sitting in casher
18:14
Speaker 4: or taking advantage and profiting from collapsing pricing. You'll take
18:17
Speaker 4: all that money and there's going to be tons of opportunity.
18:20
Speaker 4: You'll be able to buy into dividend stocks, you'll be
18:22
Speaker 4: able to buy into precious metals, miners, uranium stocks probably.
18:25
Speaker 4: I would think a lot of cryptos are going to
18:27
Speaker 4: get beat up. I still believe when there is mass
18:30
Speaker 4: selling and panic in the market, it pulls almost all
18:32
Speaker 4: assets down. People just get scared and they liquidate and
18:36
Speaker 4: the markets fall like four to seven times faster than
18:39
Speaker 4: they rise. So it's all about riding this up, identifying
18:42
Speaker 4: a top in the market, preserving your capital, and then
18:45
Speaker 4: redeploying it. As you just said, once the bottom is formed,
18:49
Speaker 4: moving into whichever one's you know. I think gold and
18:51
Speaker 4: potentially crypto of it's similar to the gold space will
18:54
Speaker 4: probably bottom way before the equities market does. Housing market
18:57
Speaker 4: will probably take another year or two after the bare
19:00
Speaker 4: market is done. Housing is a slower beast, so everything's
19:03
Speaker 4: going to have its sweet spot. So you just have
19:04
Speaker 4: to kind of navigate the best opportunity at any given time.
19:07
Speaker 4: But real estate is going to be one of my favorites.
19:09
Speaker 3: I love it.
19:10
Speaker 4: Get into multifamily. You can buy them at fair market
19:13
Speaker 4: value or below market value, and it's a good, good bones.
19:16
Speaker 4: You've got an amazing cash stream for.
19:19
Speaker 2: Life, no doubt about it.
19:20
Speaker 1: Well, one of the best investments out there for sure.
19:23
Speaker 1: Hey Chris, it's been great having you on today.
19:25
Speaker 2: Thanks so much.
19:25
Speaker 1: We got to get you back after bitcoin and crypto
19:29
Speaker 1: continue its rise. I want to get you on to
19:31
Speaker 1: talk about where end of January looks like, if the
19:34
Speaker 1: S and P is up, what that might look like
19:37
Speaker 1: for the rest of twenty twenty five.
19:38
Speaker 2: So thanks for coming a great we appreciate it.
19:40
Speaker 3: Thanks Paul, take care you.
19:42
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