Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / **$UFD Duster** You Best Pay ATTENTION To THIS!

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**$UFD Duster** You Best Pay ATTENTION To THIS! · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

0:01
Welcome to Duster Club. Welcome dusters, horns up.
0:05
Remember I created this yes, I created it, the almost boomer,
0:09
but you're making it. You are making it happen day by
0:13
day and we've got some what I think, what I think.
0:16
I'm not a financial advisor, don't make any financial
0:19
decisions based on anything that I say.
0:21
However, doesn't it just feel like to you that our value right
0:26
now is our price is absolutely ridiculous And we can say that
0:31
till the cows come home. But we want to look at reasons
0:34
why and we're going to go through line by line some big
0:38
reasons why right now. I believe personally, just my
0:42
opinion that our price of our token is extremely undervalued
0:47
and we look no further than to our friend as who shared with us
0:51
some critical about what's going on with UFDS and Emma Bowl have
0:57
been doing a great job with getting us this information.
1:01
We got big news guys. This is our social dominance
1:04
update, big news breaking news dusters.
1:07
We achieved it. OK, we can't say this loud
1:10
enough and without I guess some satisfaction within our
1:13
community. UFD is now ranked in in the top
1:18
10 for social dominance amongst all meme coins.
1:24
Today, UFD has climbed back into the top 10, securing the ninth
1:28
position in social dominance amongst all meme coins.
1:32
We didn't just break into the top 10 dusters, no, we did it
1:36
with some authority. We broke in at #9 rising from
1:40
14th place and is second in the pump dot fun according to Lunar
1:45
Crush. So we're we're 9th in all meme
1:48
coins in #2IN pump dot fund meme coins.
1:52
OK, UFD is ahead of Pingu, Moog, bonk, SPX, and Brett.
1:58
Sorry if I pronounced any of those wrongs.
2:00
You know I'm new to crypto. Still in social dominance,
2:04
leading in social influence despite these coins having a
2:08
market cap that greatly exceeds that of UFD.
2:11
Notably, UFD remains the only coin whose founder Baseman Ron
2:16
is backed by Moon Pay and Ledger.
2:18
We're going to talk about them later in this video.
2:21
When comparing the higher ranked coins based on price and market
2:26
cap in both the Pump dot Fun ecosystem and among all meme
2:30
coins where UFD ranked 2nd and 9th respectively. 1 #1 The
2:36
market cap of the coin in first place and Pump Fun Fart coin is
2:41
45.38 times greater than that of UFD.
2:47
We are #2 the number one coin which is ahead of us but not
2:52
that far ahead of us is 45 times more valuable price wise right
2:58
now. What an unbelievable ridiculous
3:01
right a disparity mispricing in my opinion.
3:05
Don't make any financial decisions and always be
3:08
responsible that we are experiencing the market cap of
3:11
the coin in first place and all meme coins.
3:15
Doge. This is crazy.
3:18
Dogecoin is 1117 times more valuable than UFDI.
3:26
Got to get the calculator out here.
3:27
Here you can watch me struggle. How you doing this morning my
3:30
fellow dusters huh? Keep up the good work.
3:33
What that shows us is what you are doing is working in the
3:37
market will straighten this out in time.
3:39
But if we take our current price, let's say point O 2 *
3:45
1117, wow, that would mean that our coin price would have to be
3:54
$22.34 right now. And there's nothing stopping us
4:00
from being to equal that of Dogecoin, and there's nothing
4:04
stopping us from being as valuable.
4:07
Is Dogecoin nothing? Yeah.
4:09
You can. You get.
4:10
You can throw eggs at me. You can.
4:11
You can throw. You can try to dent my horn, but
4:15
it's not going to work. There is nothing that is keeping
4:18
Unicorn fart dust from becoming as valuable as Dogecoin.
4:22
It's not a dream. It's not out of the the realm of
4:26
possibilities. And to make it even more
4:28
agrarious, if that's even a word.
4:31
OK, Dogecoin can make more coins.
4:34
We can't, right? We're stuck and that's a good
4:37
thing. We're finite.
4:39
We can't make more coins. Dogecoin if I think they can
4:42
make like pretty much as many as they want.
4:45
Don't quote me on that, but I do know that Dogecoin, OK, we would
4:49
have to be $22.34. Are you kidding me?
4:52
Where is it right? We got this is we got the jug
4:55
advantage. We've got the jug.
4:58
This is all the coins that have ever been created in this jug.
5:01
This jug represents 999 million Unicorn fart dust beans we can't
5:07
make anymore. I can't squeeze the Unicorn and
5:11
make more beans. Sorry.
5:12
Nobody can ever make more. Nobody can ever make another
5:15
Unicorn fart dust, right? We're stuck.
5:18
It's right here, okay? And when we get to the top,
5:21
we're going to have a 1 billion beanopoly, 1 billion beanopoly.
5:26
And I, I believe, right again, I can't, I can't guarantee, but
5:31
can't make predictions. I'm not allowed to do that.
5:33
However, when we get up there, right, we will have the the
5:41
monopoly, the beanopoly. OK, let's get back to the data
5:48
because this is interesting. OK, sorry, little little detour
5:52
there. I had to shake the beans.
5:55
UFD presents the most advantageous risk to risk to
5:59
reward ratio opportunity among the leading social socially
6:04
influential tokens in the pump fund ecosystem, as well as
6:08
within the top ten of all cryptocurrency meme coins.
6:12
We are a cryptocurrency guys. Don't forget that that exhibit
6:16
the highest social dominance. And another thing we need to
6:19
talk about when we're comparing ourselves to all these other
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meme coins, the big ones that have been out there, we've only
6:25
been around for six months. OK, Remember what we remember
6:29
the other crazy data that we saw.
6:32
Another reason why we can be so optimistic about Unicorn corn
6:37
fart dust over the last 18 months.
6:41
Pump Fun and I can't bash them because that's what I used, OK,
6:45
but over 18 months, Pump Fun created 11.5 million tokens,
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11.5 million. Think about all the people in
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New York and all the people in Chicago combined.
7:00
I think that's roughly 11,000,000.
7:02
Maybe I'm off, but anyway, think of think of all the people in
7:05
New York, 11 million people and then think of the top two
7:09
people. OK, we're #2 out of 11,000,000.
7:13
I did the math. I think it was like what 500 NBA
7:17
basketball arenas, NHL, but you know, like a 20,000 seat arena,
7:21
500 of those and we're and we're number 2500 of those with all
7:27
20,000 seats, 500 of them. And we're #2 line line up.
7:34
Imagine a line of 11.5 million people and I'll then I'll drop
7:37
this point, I promise you. Dusters.
7:40
OK. And who and who were the top
7:42
two? We're in the top 2 out of 11.5
7:45
million and we've only been at it for what, a little over six
7:51
months really in our market cap is 11 thousandths or whatever it
8:01
is. Yeah, 11 thousandths of
8:03
dogecoin. Come on.
8:06
Right. And we're in the top ten of all
8:08
cryptocurrency meme coins. All right, let's go take a look.
8:12
It's ridiculous. Sorry, it makes me a little
8:16
angry. OK, here we go.
8:19
Let's see if this comes up. There we are.
8:21
This is, and I don't think I'm sharing the screen, which I'm
8:25
not now. I am sorry about that guys.
8:28
This is shows us the pump fun right?
8:32
There. We are, we are right there, we
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are right there #2 imagine, I want you to imagine something
8:39
one more time when you're looking at this.
8:42
This is the pump fun, right bubble map.
8:47
Let me circle us. See.
8:49
I'll see how close I can do today to get a perfect circle
8:52
for you. That's pretty good.
8:54
Yeah. OK, that's us, right?
8:56
There's fartcoin bigger than us, right?
8:59
But a market cap of what we say 46 times bigger.
9:02
But when you look at this graph, OK, you see our circle on there.
9:07
Imagine there are literally 11.5 million more circles.
9:14
You can't see all the other ones because they have no social
9:17
engagement. But we, we are #2 and there's
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11.5 million circles out there. And it really is, is absolutely
9:27
crazy, guys. OK, that shows.
9:30
I can't even read that. That's the sorry, I can't read
9:33
that either. But I can see us there.
9:34
We are right there #9 out of all meme coins, there's a, there's
9:40
a, a non circle, there's a square if you prefer squares as
9:44
the duster has provided that for you.
9:47
So all right, let's talk about what's going on in general
9:50
crypto right now. You know what, let's finish up
9:52
that thought. It is ridiculous.
9:54
Look, you know, especially, right, especially when you
10:00
consider that we're only six months old, OK, It's absolutely
10:04
crazy that that are the, the, the market cap is where it is.
10:08
But let's go, look, let's go look at at what's going on in
10:11
general crypto. Because the other thing we got
10:14
to remember is we've done this in a very difficult period of
10:17
time. It really has not been like the,
10:20
you know, the last four months have not been a an easy time in
10:25
the crypto world. It's been kind of challenging.
10:27
And we have an article here I get this every week from the
10:32
voice of crypto that tells us altcoin season on hold now I
10:38
didn't know this so I looked it up We are officially an altcoin.
10:42
Anything that's not Bitcoin is considered an altcoin, says the
10:47
crypto market has continued down its consolidation phase and is
10:51
now showing mixed signals across several indicators.
10:55
While there have been movements along the line where the where
10:58
volatility had been encouraging, the overall sentiment has been
11:01
cautious for weeks. Bitcoins around 106,000 blah
11:06
blah blah. The cryptocurrency experience of
11:08
brutal depth to 98,000 earlier in the week due to geopolitical
11:15
tensions. Crypto market overview Bitcoin
11:18
has shown resilience and is currently hovering around
11:20
107,000. Market sentiment according to
11:24
the crypto fear and greed index has remained overall neutral at
11:28
around 50 out of 100 compared to 54 out of 100 last week.
11:32
So a little bit overall sentiment is drop.
11:35
Bitcoins market dominance is still strong.
11:38
And as we can see here, Bitcoin controls 65% of the crypto
11:44
overall crypto market cap. So that means that for every
11:47
$100 that people have invested in cryptocurrency, 65% of that
11:53
is represented by investments in Bitcoin.
11:56
Most alt coins that's us have seen mixed performance over the
12:00
past week with Ethereum trading around 2430 Solana, our native
12:05
token, the one we follow closest at $144 per coin.
12:12
Bitcoin ETF flows have been positive so far, so that's a
12:16
good sign. And over 100 billion has been
12:18
poured into the ETF market this week alone with a massive single
12:23
day inflow of almost $600 million on Tuesday alone.
12:29
So overall, guys, what we've been dealing with and why the
12:32
reason why we want to pay attention to this is that what
12:35
we've been able to accomplish as a community because of your
12:38
efforts, right, over the last four months is been done in a
12:42
very challenging environment. And that's actually a good
12:46
thing. Here's a great analogy.
12:48
Please listen to this, right? Like when I was a when I was a
12:51
kid, I played soccer in college and during the summers before I
12:54
went back to school, I had to run, right?
12:57
And if you go out and run, I remember thinking, I don't want
12:59
to run, but you have to run like 2 miles and you're running into
13:04
the wind, right? You're facing your face like the
13:08
wind's blowing on your face at like 15 mph.
13:11
It's much more difficult to make progress.
13:14
But if you, if you push through it, right, if you push through
13:17
it, you're going to get yourself in better shape.
13:20
You're going to get stronger. And that's exactly what UFD has
13:22
done for the last four months, right?
13:25
We've been, we, we were in our infancy, right?
13:28
And we're still young. We're still a little, we're like
13:32
in preschool cool, right? But we have we, we have grown in
13:36
the face of resistance. We have grown in the face of
13:41
challenge. And I'm going to tell you
13:42
something. That's a fact.
13:44
Any great cryptocurrency, any great organization, any great
13:48
country, any great anything has always, has always faced
13:52
resistance and challenge during its early years.
13:55
That's a commonality amongst any highly successful organization.
14:00
Look at what Bitcoin went through.
14:02
We'll talk more about Bitcoin, baby Bitcoin, man, man, man,
14:06
man, right. We'll talk about that a little
14:09
bit later. So the fact that we're in this
14:11
challenging environment, it feels a lot like I'll just, you
14:15
know, I'm a gold and silver. I was into gold and silver.
14:18
I still love gold and silver. I still put out some gold and
14:20
silver content in it for years and years and gold and silver
14:25
have been doing pretty well lately.
14:26
But I'm going to tell you, I've gone through these periods where
14:30
it's challenging, it's difficult.
14:32
It's a, it's a, I don't want to say necessarily a bear market in
14:35
crypto right now, but it's challenging in the projects like
14:39
ours. They continue to show up every
14:41
single day and build and build and build 1 brick at a time, 1
14:47
brick at a time, building up every single day.
14:51
Guys, we get new people joining our community.
14:54
I sent out like 4 DMS this morning to people on the
14:57
timeline that like said, I just bought UFD and these are like
15:01
bigger accounts. And I'm like, hey, welcome.
15:03
You know, we got some great people here.
15:05
I hope you enjoy your time here. I believe you will right.
15:08
Day by day we're getting more and more people.
15:12
The, the important thing is that we get a net increase in good
15:17
quality people into our community and we are doing that
15:20
and it will continue to grow And we'll, it'll get, we'll get to a
15:23
point where the scales get tipped right.
15:26
That point where, where the buyers don't have many beans
15:31
left, There's a bean shortage. We start to get our bean opoly
15:36
right. I know we got to use our, it, it
15:39
feels like imagination, but the reality is if we keep building
15:43
day by day by day, the scales will get tipped and that scale
15:47
will then go woop. And I have a feeling right it,
15:51
it can, it can happen in one of two ways.
15:53
OK, it can happen just by our building, building, building.
15:56
But then it can get turbocharged.
15:59
Did I wake you up there? It can get turbo.
16:02
It can hit the red turbo button. If we actually get a favorable
16:07
environment instead of us running into the wind, we get a
16:11
tailwind of more liquidity. A bull market in the altcoins
16:17
area. All right, so hang in there.
16:19
That's what I believe. Again, always be responsible.
16:22
I want to give you that speech. No matter what you're doing, no
16:25
matter what you're putting money into, whether it's stocks,
16:28
bonds, mutual funds, real estate, slot machines, whatever
16:32
floats your boat. OK, Be responsible.
16:34
Please, please, please. OK, let's do duster.
16:37
Oh, we got to do our. Let's see if I can pull up our
16:40
Duster of the Day media movie. We got this great little movie
16:47
for Duster. We have a special Duster of the
16:49
Day today. Here we go, Duster of the day,
16:57
Duster of the day. Oh, is it there?
17:13
Are we back? OK, Duster of the day today is
17:17
our friend Hetrick. OK, look, guys, here's the
17:20
reality. Hold on here.
17:22
Let's make sure we got the right screen on.
17:24
OK? All right.
17:25
Hey, look, we're all dusters of the day.
17:27
We're all a community that contributes day by day by day.
17:30
But but we like to shine a special light on a duster who's
17:34
going out of his way. Our friend Detroit Duster
17:38
recommended hat trick for today's Duster of the day.
17:41
He's a great guy. I've met him.
17:44
Wonderful, wonderful person, representative of what we have
17:48
in our UFD community. Just very good, high quality
17:52
people like him. He's working tirelessly.
17:55
You know, if you look at his timeline, OK, UFD, there's a
17:59
there's a shot of the Cabal dinner.
18:02
That's DJ Litimus given a speech.
18:04
Hey, let's listen to that for a second.
18:06
Hold on here. What do you say, guys?
18:09
You know what? Let's make it full screen.
18:14
And there I am at the bend of the table, feeding.
18:16
Amazing. Like, this has been the coolest
18:19
group of people I've ever met. I stepped out of my comfort zone
18:22
to be here and I'm stepping out of my comfort zone right now.
18:26
DJ gave a great boat. You know what?
18:27
I love you guys. You guys are dusters, you're
18:30
you're O GS, we're all GS, we're all part of the lore now, and
18:34
this is amazing. And this is only the beginning
18:36
of something way more amazing. I appreciate each and everyone
18:41
of you. I love you all.
18:42
If you guys ever want to come to Michigan, you're welcome to come
18:45
stay in my spare bedroom and hang out.
18:48
That's DJ got our meet up last week at the Cabal dinner.
18:53
OK, let's go back here guys. And all right.
18:59
Uh oh, what did I do? All right, now we're back on hat
19:04
Hat Trick's web page. I'm sorry, up there's the video.
19:08
We won't watch that again. You've all watched that.
19:10
There's P at Crunch Fitness, but today is all about Hat Trick and
19:15
everything that he's doing for us.
19:18
Let me read this to you. Then I have another video I want
19:20
to show you that he requested I show.
19:24
He says, hey Ron, it's an honor to be duster of the day.
19:27
When I first found UFDI was at a local low in my life.
19:31
During the first several months of Unicorn Fart test, I found a
19:34
community that both uplifted me and shared common principles.
19:39
While I'm no longer in that low period, that's good to hear.
19:43
The community that uplifted me continues to do so.
19:46
When I think about UFDI, I think in terms of years and decades,
19:51
OK, as opposed to most other mean coins where it's days or
19:55
weeks, years or decades. We should all appreciate the
19:58
opportunity in front of us and seize the moment.
20:01
I'm so proud to be a duster and appreciate everyone in the
20:05
community. God bless you, FD.
20:07
So he's talking about two good points here.
20:09
OK, years and decades, guys, right.
20:12
If we all just keep showing up diamond hooved right, this will
20:17
work. It's.
20:18
A mathematical certainty because there's only 999 million beans,
20:23
and we will get a bean shortage and we will get a 1 billion
20:26
beanopoly. But he also talked about being
20:28
at a low point in his life and that the UFD community helped
20:32
raise him up, gave him some purpose.
20:34
And you know what? Look, all right, OK, we all go
20:38
through low points. My hands up, OK, You know, I go
20:42
through low points. Everybody does ups and downs,
20:45
periods of depression, periods where everything seems great in
20:49
life, whatever. We're here for each other.
20:51
Through it all, we can always. Some of us might be doing great
20:54
while other people are down a little bit.
20:55
We can all help kind of keep everybody in the middle.
20:59
OK, hat trick. I really appreciate you.
21:01
He wanted me to play a video for you guys.
21:04
Let's see if I can pull this one off.
21:07
No wrong one. Hold on here.
21:10
Hold on here. OK.
21:13
And hopefully this is going to pull it up.
21:20
I want. He wanted me to play this.
21:21
This was his special request. And since he is duster of the
21:25
day, he gets it. Here you go, guys.
21:27
I guess he thought I was funny. I don't know.
21:29
Here we go. Just because you're short, I
21:31
don't presume that you're good at miniature golf.
21:34
Hold on. Oh, I shouldn't laugh at myself
21:37
just because you're short, is what I said at the beginning.
21:40
Just because you're short, I don't presume that you're good
21:42
at miniature golf. Yeah, I keep those jokes to
21:49
myself. A few moments later, my fellow
21:53
Dusters, I apologize just because you're short.
21:57
I don't know. I must have been talking about
21:59
the fact, as you guys know, there's a legend out there that
22:02
I'm actually 8 feet tall. When you meet me in person,
22:05
you'll have to meet me in person to find out for yourself.
22:07
But I made that joke a long time ago, right?
22:09
Like people was like, oh, do you play?
22:10
Oh, the reason why everybody would ask me, do you play
22:13
basketball? You're so tall.
22:15
You I'm like, no, actually, I played soccer.
22:16
But anyway, and I'd say, well, just because you're short, I
22:19
don't ask if you play miniature golf.
22:24
I I still think it's funny. Thank you, Hat Trick, for
22:27
everything you're doing. You are the duster of the day.
22:29
Today is your special day. All you dusters out there, I
22:32
want you to join me. Do you feel your horn?
22:34
Huh. Is your horn up there?
22:36
Hey, retweet this. By the way, I forgot to tweet
22:38
it. Hold on a minute.
22:39
Let's do that live. Let's see how many more dusters
22:41
we can get to join us. Hold on one second.
22:44
Let's let's install Hat Trick's golden horn.
22:47
Here you go, Hat Trick. Boom.
22:49
Thank you for everything you're doing.
22:52
Let's get it on there. Good.
22:53
That one's on there for the whole day.
22:55
We appreciate everything you're doing and thank you very much.
22:58
All right, I'm going out on my telephone and see if I can do.
23:04
I am. I live.
23:05
Here we go. Oh, yeah, I'm live.
23:07
That's wild. Look, look at that.
23:09
It's the same thing. We're watching right now on the
23:11
phone, so I'm going to retweet it.
23:14
Repost. Yeah, There we go.
23:17
All right, you go do the same. You never know how many dusters
23:20
we can get on here. Are we baby Bitcoin?
23:22
Baby Bitcoin? Where's my baby Bitcoin thing?
23:25
Did I forget it? Oh, shoot.
23:27
There was a baby Bitcoin. Hold on a minute here, guys.
23:33
Hold on a second. See if I.
23:38
Yeah, Here we go, Baby Bitcoin. Let's pull this up.
23:44
All right and boom, boom, there it is.
23:53
I love this. Look at this from Antri K2.
23:57
Good morning dusters. Remember, we are baby Bitcoin
24:00
Mafi. I don't have.
24:04
Friends I got family season my fee for time I don't have.
24:10
Friends I got family season My. Here's the truth.
24:19
OK, You want to know the truth? Want to know the reason why we
24:22
are baby Bitcoin right there. OK.
24:25
I'm sorry. My handwriting so bad.
24:28
Oh, everything's falling apart on me this morning.
24:30
There we go, you can come back and try to decipher that later,
24:36
but what that says is Unicorn fart dust.
24:38
That's you. We are family, OK?
24:41
We resonate and uphold the core values and principles that
24:48
cryptocurrency was originally founded upon.
24:55
MIC drop. I mean, should I just end it
24:57
right now? We got a lot more, don't you
24:58
worry. But guys, right, that's what we
25:01
do. That's why we are baby.
25:04
This is the reality. Here's Bitcoin being formed
25:06
what, 15 to 14 years ago? Here we are over here.
25:11
Does that make sense? In between Bitcoin and US, there
25:15
was a lot of shenanigans. There are some other great
25:18
communities, no doubt. OK, absolutely.
25:20
And other great crypto currencies.
25:22
But there's like 17,000,000 crypto currencies between here
25:28
and here, right? The number 9 social mentioned
25:32
meme coin in the world, Unicorn fart dust in between.
25:36
There's 1517 million, right? We are, we are the closest over
25:42
here to Bitcoin over there, no doubt about it, right?
25:46
We're pure. We're absolutely transparent,
25:50
absolutely transparent. We are 100% community driven.
25:55
This is bigger than this than me.
25:58
OK, all I did was was as an experiment, right?
26:02
Never had owned a crypto knew nothing about crypto started
26:06
UFD. Thank God.
26:08
Really seriously thank God that like the the IT it's weird.
26:13
Does this make sense? It's like I did it as an
26:15
experiment, but thank God, like the structure of of of crypto
26:20
was there, which were all these, the decentralization, the
26:24
transparency, everything else that like like like made Unicorn
26:28
fart does what it was. All I had to do right was every
26:32
time I came to a fork in the road, even though I knew nothing
26:35
about crypto, I knew right from wrong and I knew how I would
26:39
want to be treated. Like I knew it wouldn't be nice
26:42
for me to like, you know, after I'd been on, on having Unicorn
26:47
fart does for four days or five days to sell all my beans,
26:51
right? You know, right.
26:52
Like like all I had to do was follow like my basic moral code
26:58
and it made it very, very easy. We are baby Bitcoin and Bitcoin
27:02
people. You know how many people tell me
27:05
I own 2 cryptos, Ron, I own Bitcoin and I own UFD.
27:09
Why do you think that's the case?
27:11
You know how many people have told me I was around Bitcoin
27:14
during its early years? Unicorn fart does feels right
27:17
now exactly like Bitcoin did back then.
27:19
As a matter of fact, I think we need to go on a mission to let
27:23
the Bitcoin people know because because I know I'm and I love, I
27:27
love Bitcoin. I'm not putting Bitcoin down.
27:29
But some people have said that the community had changed.
27:33
I asked several early Bitcoin people because I went to the
27:39
Bitcoin conference. I said, did you go to a Bitcoin
27:42
conference years ago? And they said, yeah.
27:44
I said, was it different back then?
27:45
They were like, Oh yeah, Kyle Chassy told me one of them was
27:49
at a library in London. And I don't know, I think he
27:52
said it was 200 people. I don't want to put word, but it
27:54
was much smaller, right? And Ledger was there with like
27:58
their first prototype device showing the their very first
28:02
prototype device that like things have changed a bit in in,
28:08
in, in the, in the Bitcoin world, right?
28:10
It's become a little more commercialized, still wonderful,
28:13
still great, not putting Bitcoin down, but like, if you want
28:16
those early vibes, that's how I think we could attract some
28:19
really interesting butter cups into the UFD world.
28:23
Are these early Bitcoin people that maybe want to get a taste
28:27
and relive that pureness, that organic nature that we offer
28:32
right now? OK, Ledger blows me away.
28:35
Channel sponsor Ledger. Wow.
28:37
OK, I learned something about Ledger this morning that I was
28:40
not aware of. I want to share this with you.
28:43
I find it very interesting. As you may know, Ledger is now
28:48
sponsoring the NBA team, the San Antonio Spurs, which is really
28:53
cool, right? Like look at this.
28:54
But what I learned is says the future is secured, but this I
28:59
found very interesting. Over 20% of the world's crypto
29:04
assets are now secured by Ledger 20% Wow.
29:09
I, I, I'm, I'm, I knew Ledger was huge is huge.
29:13
I know Ledger. I love my Ledger flex.
29:15
I love the Ledger live app. It's been great, flawless so
29:19
far. They really truly are the world
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leader in digital asset security.
29:25
And then we had this from other sponsor Moon Pay.
29:28
Moon Pay put out a new ad that's really hold on here, let's do it
29:38
full screen. It's like Disney.
29:40
It's a really cool ad Wake up. I love the purple pizza.
29:51
Hello 1 purple portal pizza. OK Oh my God.
30:17
Holy shit it took you long enough bro?
30:22
Yeah boy. Love it.
30:28
Great God, moon pay. I love it great job, great ad,
30:37
great ad and thanks to moon pay. Look, don't forget guys, when
30:40
people ask you how do I buy UFD, you can buy Unicorn fart dust on
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moon pay and we're so grateful for the support look, I'm not
30:49
here without the support of moon pay and Ledger.
30:52
We just couldn't make it work. So please continue to support
30:56
both of those companies. Moon Pay, right is, is the the
31:00
fintech leader growing like crazy.
31:04
And again, you can tell people when they ask where do I buy
31:07
UFD? You can buy it on Moon Pay.
31:10
I mean, how awesome is that? Let's talk about the general
31:13
markets, the general economy because that does impact the
31:17
crypto prices. The general stock markets have
31:20
done very well. I heard this morning, June, the
31:22
month of June, although it's not over yet, we have Monday will be
31:25
June 30th. But the month of June has been
31:28
extraordinarily good for the general stock markets.
31:31
So last week we got the PCE, which is the producers cost, I
31:37
don't know expenditure or personal consumption
31:40
expenditure. The PCE inflation numbers,
31:42
that's what the Federal Reserve watches most closely.
31:46
Everybody's clamoring for the Fed to cut rates.
31:49
President Trump is clamoring for the Fed to cut rates.
31:52
But the higher PCE number that we got last week will not be
31:57
accommodative for the Fed to cut rates.
32:00
It will. It will, actually. the Fed
32:02
doesn't want to cut rates when inflation is going up because if
32:05
they cut rates, that adds more fuel to the inflation fire.
32:09
I got a little secret for you. OK, inflation's coming no matter
32:13
what they do. The whole Fed thing has become
32:17
really kind of like the Wizard of Oz, like a game of smoke and
32:20
mirrors. The reality is the value of the
32:23
US dollar, unfortunately, the real value will be going down,
32:28
which will mean we have inflation.
32:30
Those are the same thing. Is it 6 or one half dozen the
32:34
other, right? You can say inflation, right?
32:37
But inflation is the same thing. Is the value of the dollar going
32:41
down and the value of the dollar that going down is the same
32:44
thing as inflation. So unfortunately, because of
32:48
some decisions that have made by been made by our quote UN quote
32:51
leaders over the last several decades, it's a mathematical
32:55
certainty that the value of the dollar will be chased.
32:59
Will will be facing some very, very challenging times ahead.
33:03
Now the week ahead, this will be interesting.
33:05
We're going to get the employment numbers.
33:07
We're going to be going into early July.
33:10
So what we're going to get are the employment numbers for the
33:14
month of June and we all say that with quotation marks
33:17
because everybody knows they are the most unreliable.
33:22
Some say maybe fabricated numbers that are put out by our
33:26
government. The other thing they always do
33:28
with the so that'll be big news this week.
33:30
Be ready, right, because if the employment numbers are good,
33:35
that could also could also put some pressure on the on the non
33:41
Fiat related with assets. If employment numbers are good,
33:46
right, that'll again make it harder for the Fed to cut rates.
33:49
We'll see what happens. We're getting all these reports
33:52
like college grads are not able to find jobs right now.
33:57
You know, I think the real economy that we all live in is
34:00
proven to be challenging. But again, OK, that'll be the
34:04
big news story for next week. And the biggest story that I
34:07
think we need to keep an eye on kind of the barometer or measure
34:11
for, for what's going on with the with the with the monetary
34:17
system in the in the fiscal system United States is the DXY
34:21
index, the US dollar. And guys, we have broken solidly
34:27
below 100. Hold on here.
34:31
There we go. We got you up.
34:32
This is the US dollar index from MarketWatch.
34:35
I think it's CBS MarketWatch. We are down to almost 97.
34:40
OK, we were, we've been watching this for a while.
34:43
The reason why is this, we'll go out to a three-year chart first.
34:48
As you can see, let's draw a couple lines.
34:51
This is important for us to stay on top of.
34:54
There's 100. The DXY index was around 100.
35:00
Tried a couple times to break below it several times.
35:02
You could almost argue 3 or 4 times at least, but now has
35:07
decisively broken. What the heck is that doing
35:11
below? As you can see right there, OK,
35:15
maybe it's better for me to do it like this.
35:18
See, we're down to 97 right now. Now, if we go out on a long term
35:22
basis, this is what we really need to look at.
35:26
And this could really be very, very positive for crypto, but
35:31
also gold and silver. We draw a line here at 100, OK,
35:39
even though we've just broken below 100 on this chart right
35:44
over here, like we just looked at earlier, as you can see for
35:48
large, well look as you can see for large periods of time we
35:53
were below 100, right, massive periods of time.
35:57
And if we think about this, we were only above 100 really for
36:01
short, you know, maybe four years here and then just a
36:05
little bit above 100 maybe for four or five years just up up
36:10
until recently. And when you look so at at that
36:14
number below 100, let me tell you something, there's a big
36:18
reason why we want to pay attention to this one more time,
36:23
OK? Because from 2001 about right
36:31
here through 2011, you can see we went from about what one
36:35
15120 all the way down to 75 in this area, there was no
36:40
cryptocurrency, but there was a thing two things called silver
36:44
and gold, which are first cousins or twin siblings to
36:49
cryptocurrency. And during this period both the
36:52
gold price and the silver price absolutely skyrocketed.
36:56
As a matter of fact, the silver price during that period and I
36:59
have always called silver the original form of cryptocurrency.
37:03
It's it's it's essentially physical version of crypto in my
37:08
opinion, OK. It even has some utility to it
37:13
because it's used in all types of industrial applications,
37:16
electronic, solar panels, all that.
37:18
None the less, there was no crypto during that period.
37:21
There was silver and silver during that period of time went
37:26
from about four dollars, $5 per oz all the way to $50 per oz, a
37:33
10X increase in value. So we're going to keep a close
37:37
eye on that. I'm going to keep a close eye on
37:39
you. Thank you to all 600 of you for
37:41
joining us this morning. Being part of the UFD family,
37:46
that's the most important thing. Yes, we're dusters.
37:48
Yes, we got our horns. I forgot to ask you, how did you
37:51
get in my basement? And when I say go, we're going
37:54
to smile for three seconds. That's the UFD 3 second smile.
37:58
Go now, doesn't that feel better?
38:05
Right? But the family is the most
38:07
important thing. Our organic families are UFD
38:10
family. When we come together, we're in
38:13
the corral. You're part of the herd, You're
38:15
a duster. And some of us.
38:18
And that decision is yours. Make the fateful decision to
38:21
become Diamond Hooves, right? We're going to hold.
38:24
We're going to hold all those are diamond hooves.
38:27
Look, it's going to be a fun ride.
38:29
Thank you for being here. Be good to yourself today,
38:31
because when you're good to yourself, you can be.