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Gold Hits All-Time High!🚀Ethereum Tokenization Skyrockets!🔥 · The Paul Barron Crypto Show

• 0:05
  Speaker 1: My name is Paul Barren. Welcome back in the tech path.
• 0:08
  Speaker 1: Let's get started. I do want to thank our sponsor,
• 0:10
  Speaker 1: and that is I Trust Capital, which by the way,
• 0:13
  Speaker 1: you can also get gold and silver over there on
• 0:16
  Speaker 1: your CRYPTOIRA as well as ethereum, so all that can
• 0:19
  Speaker 1: be managed over on I Trust Capital. We are nearing
• 0:22
  Speaker 1: the deadline for your twenty twenty four IRA contribution. This
• 0:25
  Speaker 1: might be a good one for you guys. All right,
• 0:28
  Speaker 1: so today I want to kind of break this down
• 0:29
  Speaker 1: on gold, ethereum, and really kind of the overall value
• 0:33
  Speaker 1: of the dollar. And it gets interesting here because there's
• 0:35
  Speaker 1: a couple of things that I want you to pay
• 0:37
  Speaker 1: attention to. Gold price is officially surge above thirty one
• 0:39
  Speaker 1: to fifty, this again continuing to climb. Gold has been
• 0:42
  Speaker 1: on a tear all year long, and of course Peter
• 0:44
  Speaker 1: Schiff has been just chastising the bitcoin community and his
• 0:49
  Speaker 1: nay statement right, here's false narrative. Bitcoin is digital goal
• 0:52
  Speaker 1: is being exposed, Growth is slowing, inflation is rising as
• 0:56
  Speaker 1: stagflation fears are starting to spread, and his basis is
• 0:59
  Speaker 1: on tear. Tariff uncertainty is adding to the pressure on
• 1:02
  Speaker 1: financial markets. And then of course gold hits its all
• 1:05
  Speaker 1: time record high and bitcoin struggling to maintain above eighty k. Now,
• 1:10
  Speaker 1: if you look at that, it appears that Peter Schiff
• 1:12
  Speaker 1: might have a point. All right, So I want to
• 1:14
  Speaker 1: show a chart here, and this goes back to March tenth,
• 1:18
  Speaker 1: twenty twenty three, and you guys will remember Silicon Valley
• 1:20
  Speaker 1: National Bank. That was the big explosion that happened in
• 1:24
  Speaker 1: the crypto community, and many people looked at that and said, well,
• 1:28
  Speaker 1: bitcoin is the safe haven escape here, and in reality
• 1:32
  Speaker 1: what happened was this is really just bitcoin people and
• 1:36
  Speaker 1: crypto people moving to bitcoin, not necessarily going into long
• 1:42
  Speaker 1: term store of value. And I think that's the point
• 1:45
  Speaker 1: that we're making, is that gold actually in this particular case,
• 1:49
  Speaker 1: especially in these times of uncertainty, might be the safe haven. Now,
• 1:52
  Speaker 1: how is it connected to ethereum is the question I
• 1:55
  Speaker 1: want to go further into this. Why gold is outshining
• 1:57
  Speaker 1: bitcoin as the safe haven? This, of course is going
• 2:00
  Speaker 1: against the tariff chaos. Right now, look at the comparison
• 2:04
  Speaker 1: on this chart. Let me kind of zoom in on
• 2:06
  Speaker 1: that for you guys right there, because what they're looking
• 2:08
  Speaker 1: at this is based on a bunch of financial advisors
• 2:11
  Speaker 1: that basically survey and say what they think would perform
• 2:14
  Speaker 1: better if we continue to see this full blown trade
• 2:16
  Speaker 1: war occur. Gold became one of the top selections, and
• 2:21
  Speaker 1: of course you see the thirty year treasury commodities and
• 2:23
  Speaker 1: then T bills, etc. But Bitcoin falling down really down
• 2:27
  Speaker 1: to what is that number six position right now at
• 2:29
  Speaker 1: three percent of that particular survey of financial advisors. So
• 2:34
  Speaker 1: that's the people that are telling the biggest asset managers
• 2:37
  Speaker 1: and private capital in the world where to go when
• 2:41
  Speaker 1: we start to see this uncertainty. Okay, so I want
• 2:43
  Speaker 1: to jump to this portion of the article. In this
• 2:46
  Speaker 1: same section, Gold's no longer just a hedge against inflation.
• 2:49
  Speaker 1: It's being treated as a hedge against everything. Geopolitical rests,
• 2:53
  Speaker 1: de globalization, which we've talked about before, fiscal dysfunction, which
• 2:57
  Speaker 1: is the deficit, which what we're facing right now, and
• 3:00
  Speaker 1: now weaponized trades. So all of these things are aligned.
• 3:03
  Speaker 1: Very interesting. I think my friend Andy Schechner would say,
• 3:06
  Speaker 1: this is exactly the point of where gold's value could
• 3:09
  Speaker 1: be going. But if you look at tokenized commodities, what
• 3:13
  Speaker 1: is connected to tokenized gold, Well, it's ethereum. Look at
• 3:16
  Speaker 1: the growth of what we've seen just on tokenized commodities,
• 3:20
  Speaker 1: all based on Ethereum. Another thing that I want to
• 3:23
  Speaker 1: hit on right here. Remember we had the Tman's guy
• 3:26
  Speaker 1: on not just last week, go back and check that
• 3:28
  Speaker 1: video out. He talked about tokenizing gold and that it
• 3:30
  Speaker 1: was going to be launching. We were trying to figure
• 3:32
  Speaker 1: out which chain and what they were going to launch on,
• 3:35
  Speaker 1: and in fact what they ended up doing was launching
• 3:37
  Speaker 1: on Ethereum. So Timan's now available over on the Ethereum
• 3:42
  Speaker 1: network where we're going to see tokenized gold. All this
• 3:44
  Speaker 1: again good value for tokenized gold overall. Other things I
• 3:49
  Speaker 1: want to hit on whatever happened to the gold audit
• 3:51
  Speaker 1: at Fort Knox. This is a big factor that Elon's
• 3:54
  Speaker 1: been kind of talking about, and also Trump has been
• 3:57
  Speaker 1: talking about. And there is a certain amount I don't
• 4:00
  Speaker 1: know the term exactly, but there is a certain amount
• 4:02
  Speaker 1: of gold. We'll call it vaporware, so to speak. It's
• 4:05
  Speaker 1: not really there in the world. And this includes other banks,
• 4:09
  Speaker 1: central banks, all sorts of digital asset holders, and people
• 4:13
  Speaker 1: are starting to get a little concerned about that because
• 4:14
  Speaker 1: it could value gold up. And this is something that
• 4:17
  Speaker 1: Scheckner has talked about before. But I want to go
• 4:19
  Speaker 1: to this clip real quick, because this is Elon talking
• 4:22
  Speaker 1: about the audit. Take a look.
• 4:24
  Speaker 2: Oh oh yeah, yeah yeah yeah right, oh yeah yeah.
• 4:28
  Speaker 2: I think it would be awesome to live stream for knots.
• 4:33
  Speaker 2: I mean that would be really fun. You know, hopefully
• 4:35
  Speaker 2: it looks really cool, you know, open the doors, like,
• 4:39
  Speaker 2: is there is that really gold? Let's check?
• 4:45
  Speaker 1: This guy is getting home my nerves a little bit.
• 4:47
  Speaker 1: So the point he is made, I think the point
• 4:50
  Speaker 1: that everybody's making is that you can't nonchalantly just say
• 4:53
  Speaker 1: things like that because there are and could be severe
• 4:57
  Speaker 1: impacts on the market if there was any DBA now.
• 5:00
  Speaker 1: It could also be severe impact on the markets upward
• 5:03
  Speaker 1: if in fact people start to understand the value of
• 5:06
  Speaker 1: where gold could be going. All right, So I want
• 5:08
  Speaker 1: to go to this next clip because this is a
• 5:10
  Speaker 1: bunch of gold bugs that essentially are panicked because of
• 5:14
  Speaker 1: the potential here around tokenized audits. So it could create
• 5:17
  Speaker 1: a big rush on gold. Take a look.
• 5:20
  Speaker 3: This is why I'm kind of bullish on just owning
• 5:22
  Speaker 3: any of gold space things right now, because if they
• 5:26
  Speaker 3: go and audit Fort Knox and all the gold's there,
• 5:30
  Speaker 3: like is gold going to sell off. No, no, but
• 5:34
  Speaker 3: if they do go to Fort Knox an audit and
• 5:37
  Speaker 3: they're like, there's only like ten percent is supposed to
• 5:40
  Speaker 3: be here, physical gold is going to go, you would
• 5:42
  Speaker 3: super boling.
• 5:43
  Speaker 4: The tokenization sort of already started with like digitization and
• 5:46
  Speaker 4: digital trading. So you've got these ETFs, the I Shares
• 5:49
  Speaker 4: Gold Trust, but every year they have to pay fees
• 5:52
  Speaker 4: on that goal that they keep in the vault, and
• 5:54
  Speaker 4: they pay those fees by making new shares of the
• 5:56
  Speaker 4: stock and so that sort of like dilutes the ownership.
• 6:00
  Speaker 4: So actually only ninety seven percent of the shares of
• 6:02
  Speaker 4: the GLD are backed by actual gold. And this is
• 6:06
  Speaker 4: something interesting that I learned from talking to an executive
• 6:09
  Speaker 4: at I want to say, she's at NUMONT. Ten percent
• 6:12
  Speaker 4: of the gold in vaults around the world is, as
• 6:14
  Speaker 4: she put it, spurious.
• 6:17
  Speaker 5: So it's fake.
• 6:18
  Speaker 1: Yeah, I onant of guys for you guys to remember
• 6:21
  Speaker 1: we did We've done several videos on this, the concept
• 6:24
  Speaker 1: of bricks and what it's going to look like if
• 6:26
  Speaker 1: we see a reserve system within the Bricks nations, and
• 6:29
  Speaker 1: one thing that they've been trying to do for quite
• 6:32
  Speaker 1: some time. Part of this was built on the idea
• 6:34
  Speaker 1: that bitcoin could be used in terms of transfer cross
• 6:38
  Speaker 1: border payments, and this is where they have basically abandoned this.
• 6:42
  Speaker 1: If you look further into the article, it says taking
• 6:44
  Speaker 1: into account digital technologies and digital financial assets, this is
• 6:49
  Speaker 1: the thing that they're going after from a settlement side
• 6:52
  Speaker 1: of things, which means we're seeing more of this go
• 6:54
  Speaker 1: on to the Ethereum network.
• 6:56
  Speaker 4: Now.
• 6:56
  Speaker 1: I want to also show you a comparison right here
• 6:59
  Speaker 1: on gold and the annual Central Bank net purchases. So
• 7:02
  Speaker 1: this is continuing to climb, and this is going to
• 7:07
  Speaker 1: start to put I think, more and more digital assets,
• 7:10
  Speaker 1: especially on the Ethereum network. When it comes to commodities
• 7:14
  Speaker 1: such as gold. All of this is going to be climbing.
• 7:16
  Speaker 1: So if you're playing into this, you've got to look
• 7:18
  Speaker 1: at what some of the big players are doing. One
• 7:21
  Speaker 1: of them, largest bank in Russia right now, is tokenizing
• 7:24
  Speaker 1: its gold as a digital asset. If you go further
• 7:27
  Speaker 1: into the article, right here says their blockchain solution was
• 7:30
  Speaker 1: originally based on hyperlegic fabric and then however, it plans
• 7:34
  Speaker 1: to open up a range of participants to new include
• 7:36
  Speaker 1: consumers and then at the end it's announced that the
• 7:39
  Speaker 1: blockchain is now compatible with Ethereum. Also, when you go
• 7:42
  Speaker 1: over to Switzerland, the largest over there in terms of
• 7:45
  Speaker 1: a banking giant, they've also been experimenting with blockchain. So
• 7:48
  Speaker 1: they came in and said, now that UBS has completed
• 7:52
  Speaker 1: a proof of concept for its UBS key for gold,
• 7:55
  Speaker 1: this is offering Ethereum Layer two network on Zksinc. This
• 7:59
  Speaker 1: is the point that it gets it's into because Swiss
• 8:01
  Speaker 1: clients now could purchase direct a direct claim to physical
• 8:05
  Speaker 1: gold and token is securities. So this again are tokenized
• 8:09
  Speaker 1: assets on commodities like this. This is just mel gold
• 8:12
  Speaker 1: branded a small percentage in turn of that. But if
• 8:14
  Speaker 1: you add it to lending polls and you go into
• 8:17
  Speaker 1: adding USDC in there some stable coin things get pretty interesting.
• 8:21
  Speaker 1: In around eight percent in terms of yields. Now, I
• 8:24
  Speaker 1: want to go over to a clip because this will
• 8:25
  Speaker 1: get into where do yields come from from traditional banks
• 8:29
  Speaker 1: and how do they treat them. Take a look, where
• 8:32
  Speaker 1: does this yield come from?
• 8:33
  Speaker 3: Because doesn't gold just sit there?
• 8:35
  Speaker 5: Yes, it does, but it doesn't have to. Banks love
• 8:39
  Speaker 5: goals as a collateral. It's the number one choice for
• 8:43
  Speaker 5: banks when you put down collateral and then you borrow
• 8:46
  Speaker 5: or take out a loan. If we put to say
• 8:49
  Speaker 5: one thousand dollars worth of gold or a million or
• 8:51
  Speaker 5: ten million, you can take out eighty five percent or
• 8:54
  Speaker 5: up to eighty five percent of the value of that
• 8:57
  Speaker 5: gold that you've put down, well, and we would take
• 8:59
  Speaker 5: it out in fiat. What's considered to be the most
• 9:02
  Speaker 5: less risky, low risk would be, for example, three months
• 9:06
  Speaker 5: rolling US Treasury bills. I think it's now four point five.
• 9:10
  Speaker 5: That's dropping a little bit. The cost of the loan
• 9:12
  Speaker 5: is also incredibly cheap. It's between one and one and
• 9:14
  Speaker 5: a half percent. So even if we're playing with short
• 9:17
  Speaker 5: term te bails that don't pay out a lot, still
• 9:21
  Speaker 5: leaves something for us to earn. But importantly, the tokenholder
• 9:26
  Speaker 5: then gets a share and we pay that share out.
• 9:30
  Speaker 1: So when you look at that clip and the potential
• 9:32
  Speaker 1: here for institutions to dive into DeFi, well, ethereum is
• 9:37
  Speaker 1: the route, and obviously the opportunity here is to leverage
• 9:41
  Speaker 1: a lot of those assets into DeFi themselves. So again
• 9:44
  Speaker 1: better gains on yields within a DeFi ecosystem. All right,
• 9:48
  Speaker 1: So you look at a clip here, This is Larry
• 9:50
  Speaker 1: Fink and this concerns me a little bit because he
• 9:53
  Speaker 1: has been very bullish on the economy and the growth
• 9:56
  Speaker 1: and the opportunities, and I fear that he is losing
• 9:59
  Speaker 1: hope in the economy as it is. Take a look.
• 10:02
  Speaker 6: I've received a lot of calls. I received a call
• 10:04
  Speaker 6: from a pretty famous actor. Should I sell? I mean,
• 10:07
  Speaker 6: I get all this stuff. Oh my god, things are
• 10:09
  Speaker 6: coming in and I just go make a movie. We
• 10:12
  Speaker 6: had that wealth effect, and now in the last six weeks,
• 10:16
  Speaker 6: we've had, you know, a real reversal in psychology, and
• 10:21
  Speaker 6: I think this is going to take some time until
• 10:23
  Speaker 6: we have a better understanding where the economy is going,
• 10:27
  Speaker 6: a better understanding of the policies that the current administration
• 10:30
  Speaker 6: is going to be building out. I don't want to
• 10:32
  Speaker 6: be you know this, this is not webcast, is it? Guys?
• 10:37
  Speaker 6: You know, I would not be surprised to see elevated
• 10:40
  Speaker 6: inflation over the next five months. I would not be
• 10:42
  Speaker 6: surprised to see And across every CI talked to, we're
• 10:45
  Speaker 6: starting to talk about are more fearful economy going on
• 10:50
  Speaker 6: right now? The question is going to follow another eight
• 10:53
  Speaker 6: percent from here, and that's a possibility. It's a buying
• 10:58
  Speaker 6: opportunity every time. When you think about all the people
• 11:02
  Speaker 6: who panicked during COVID, those who invested during the height
• 11:06
  Speaker 6: of fear were the biggest beneficiaries of that market setback.
• 11:11
  Speaker 1: He goes into a report that Blackrock puts out and
• 11:15
  Speaker 1: they focus in on the federal debt held by the public.
• 11:18
  Speaker 1: He says, US doesn't get it's dead under control. If
• 11:20
  Speaker 1: defits keep alloting, America risks losing its position as digital
• 11:24
  Speaker 1: ass two digital assets like bitcoin. Now he talks about
• 11:28
  Speaker 1: that further in here, says, to be clear, I'm obviously
• 11:31
  Speaker 1: not anti digital assets, so he's saying far from it.
• 11:35
  Speaker 1: If you look into the next section, and what he's
• 11:37
  Speaker 1: talking about here is tokenization, and this is something that
• 11:41
  Speaker 1: Larry Fink talks about often. Blackrock is already starting to
• 11:44
  Speaker 1: show their hand that their belief in tokenization and if
• 11:48
  Speaker 1: that is going to be a factor in the growth
• 11:50
  Speaker 1: of this economy that occurs, and it looks like it's
• 11:53
  Speaker 1: going to ethereum will be one of the key platforms
• 11:56
  Speaker 1: that it will grow on. All Right, So when you
• 11:58
  Speaker 1: look at the current situation of the dominance of the
• 12:01
  Speaker 1: US dollar, then you have to kind of consider out
• 12:03
  Speaker 1: what's happening within the stable coin market. This, of course
• 12:05
  Speaker 1: is the Stable Act going in the Committee this week.
• 12:08
  Speaker 1: If it's favorable, the bill goes to the House for
• 12:10
  Speaker 1: further consideration, and most likely this could combine with the
• 12:13
  Speaker 1: Genius Act and that will be the one that helps
• 12:16
  Speaker 1: this get through the Senate. Senate of course pass their
• 12:19
  Speaker 1: version of the Genius Act three weeks ago. Next step
• 12:22
  Speaker 1: will be an eventual Senate vote. All of this still
• 12:25
  Speaker 1: very positive. All this has to be done before August,
• 12:29
  Speaker 1: so think about that. Then you have Circle, who is
• 12:31
  Speaker 1: an issuer of USDC, who's hired JP Morgan and City
• 12:35
  Speaker 1: for its long way to IPO. So it's likely that
• 12:38
  Speaker 1: we're going to see something active in terms of stable
• 12:40
  Speaker 1: coins within JP Morgan and City Bank going forward. So
• 12:44
  Speaker 1: when you look at a lot of what's happening on
• 12:45
  Speaker 1: the regulatory front, and you consider kind of the situation
• 12:49
  Speaker 1: that is playing out right now around token iss gold
• 12:52
  Speaker 1: and also stable coins becoming a huge catalyst within the market,
• 12:57
  Speaker 1: all of that is based on the Ethereum ecosystem. Ethereum
• 13:01
  Speaker 1: also has reached possibly its bottom. If you look at
• 13:04
  Speaker 1: this chart right here, we are nearing it, and right
• 13:07
  Speaker 1: now is a kind of a point of no return
• 13:09
  Speaker 1: right now. So we're watching Ethereum very very closely as
• 13:12
  Speaker 1: we get into this next cycle, even with these tariff
• 13:15
  Speaker 1: wars potentially on the looming front. Also, don't forget Ethereum
• 13:20
  Speaker 1: has a huge upgrade happening. This is a whole stack
• 13:23
  Speaker 1: of EIP processes that are coming through. This is what
• 13:26
  Speaker 1: they call the Pectrum Mainenet. This is going to be
• 13:28
  Speaker 1: launching on the thirtieth of April, so it's the largest
• 13:31
  Speaker 1: upgrade of Ethereum in terms of included EIPs. So this
• 13:36
  Speaker 1: is a big deal I think going forward. Now the
• 13:38
  Speaker 1: question is does people really understand what it means and
• 13:41
  Speaker 1: will they take advantage of it? And do we see
• 13:43
  Speaker 1: if eth continue to move up, if we continue to
• 13:46
  Speaker 1: see gold hedging up, So let me know when the
• 13:49
  Speaker 1: comments down below. Make sure hints subscribe right now and
• 13:51
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• 13:53
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• 13:57
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