Latest / The Paul Barron Crypto Show / Could Netanyahu End Rally?📉Crypto Market Update
Transcript
- 0:00Speaker 1: Cannet and Yahoo in this rally today, we'll break it
- 0:02Speaker 1: down for you. There is a lot going on that
- 0:04Speaker 1: may start to dictate where markets is going. I do
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- 0:26Speaker 1: as the market starts this volatility phase, so some opportunities
- 0:30Speaker 1: to get into it. Let's go over to a few
- 0:32Speaker 1: points I want to lead off with. This is the
- 0:34Speaker 1: COBEC letter talking really about the oil pricing and as
- 0:38Speaker 1: we know, oil and energy are a dictator to how
- 0:42Speaker 1: we are going to see inflation manifest here in the
- 0:46Speaker 1: United States. And as you can see, US oil prices
- 0:48Speaker 1: now nearing one oh three a barrel and it's continuing
- 0:51Speaker 1: to pledge up too, up twelve percent. Just in the
- 0:55Speaker 1: last twenty four hours, the Deputy feign Minister announced that
- 0:58Speaker 1: Iran was on the verb are responding to the ceasefire
- 1:01Speaker 1: violations that of course set this all moving up, and
- 1:04Speaker 1: you can kind of see the chart just getting crazy
- 1:06Speaker 1: as we go back into triple digits on oil and
- 1:10Speaker 1: energy going forward, Bricks of course hits on this. Abadabin
- 1:14Speaker 1: National Oil Company says two hundred and thirty oil tankers
- 1:16Speaker 1: are now loaded and ready, but unfortunately the straight of
- 1:20Speaker 1: Horn Mouz is still closed.
- 1:21Speaker 2: That is the issue.
- 1:23Speaker 1: That is the strangle point that Iran is pretty much
- 1:26Speaker 1: in control of at this point. And it starts to
- 1:28Speaker 1: really break down into two areas. One area is how
- 1:32Speaker 1: Trump is going to deal with the economic fallout from this,
- 1:35Speaker 1: because this is affecting a lot of other countries. And
- 1:38Speaker 1: number two is what incremental things does he have control
- 1:42Speaker 1: over that helps get this war stopped. And I think
- 1:46Speaker 1: one of the biggest ones is of course the eight
- 1:49Speaker 1: hundred pound gorilla, and that is in Yahoo and Israel
- 1:52Speaker 1: that Yahoo announced that Israel will begin direct negotiations with
- 1:56Speaker 1: Lebanon to try to disarm Hesbealah. This of course after
- 1:59Speaker 1: yesterday's bomb of just absolute carnage. And this is the
- 2:03Speaker 1: thing that I'm talking about. It is almost like the
- 2:06Speaker 1: tail wagging the dog here, and this is the example
- 2:09Speaker 1: that I think we are faced with right now, where Neta,
- 2:12Speaker 1: who is leading Trump into this? And is Trump just
- 2:15Speaker 1: falling for this. I want to go to a quick
- 2:18Speaker 1: clip because this shows you exactly where they are meing Israel.
- 2:21Speaker 3: Take a look, and Israel is stronger than ever. This
- 2:25Speaker 3: is the bottom line of this campaign up until now.
- 2:29Speaker 3: Let me say there are still additional objectives for us
- 2:32Speaker 3: to achieve, and we will achieve them either by agreement
- 2:36Speaker 3: or by resumption of the fighting. And we are ready
- 2:41Speaker 3: to resume the fighting at any moment. Our finger is
- 2:45Speaker 3: on the trigger. As you know, two weeks ceasefire has
- 2:51Speaker 3: been announced between the US and Iran. No, we were
- 2:55Speaker 3: not surprised in the last moment, and I want to
- 2:57Speaker 3: emphasize this is not the end of the war. This
- 3:02Speaker 3: is a step in order to achieve all the objectives.
- 3:08Speaker 2: All right.
- 3:08Speaker 1: So, still very resident in how they're going to be
- 3:12Speaker 1: playing out this in terms of defending Israel. And I
- 3:16Speaker 1: think the issue really boils down to how much control
- 3:19Speaker 1: do they have over the president because there are guys.
- 3:21Speaker 1: All of this flows into markets, It flows into the
- 3:24Speaker 1: cost of energy, that of course hits inflation. Inflation hits
- 3:28Speaker 1: the US and that hits asset prices, which is what
- 3:31Speaker 1: we watch about quite a bit here.
- 3:34Speaker 2: This was a big surprise to me.
- 3:36Speaker 1: This came from Max Lumenthal in the New York Time
- 3:38Speaker 1: reporting the Nan Yahoo and Masad were running a White
- 3:41Speaker 1: House situation room in February to essentially push Trump into this.
- 3:46Speaker 1: And it goes into all things including that Trump set
- 3:51Speaker 1: down instead of at the head of a table, almost
- 3:55Speaker 1: in a presentation like scenario, where he was just like
- 3:58Speaker 1: another participant in this presentation that was going on. This
- 4:03Speaker 1: absolutely blew me away is that this kind of shows
- 4:07Speaker 1: the power that we are seeing right now around what
- 4:10Speaker 1: Israel has an apac in general, has over this administration
- 4:13Speaker 1: and I think all of DC in general. It's not
- 4:16Speaker 1: just this administration, we are talking.
- 4:18Speaker 2: About pretty much all of DC.
- 4:20Speaker 1: The other thing that plays into this is where are
- 4:23Speaker 1: we heading if Netyahu is actually doing this accusation, which
- 4:28Speaker 1: is trying to sabotage the seasefire. I mean, if you
- 4:30Speaker 1: look at it, you would almost assume that because the
- 4:32Speaker 1: ceasefire was in underway, Lebanon was thrown in into that
- 4:36Speaker 1: ceasefire requirement, and of course Israel was bombing in Lebanon,
- 4:41Speaker 1: So this of course continues to push forward. Now, one
- 4:44Speaker 1: thing that this does do that's kind of interesting to
- 4:47Speaker 1: me is it starts to separate the right. Now, this
- 4:50Speaker 1: is something that we have already seen happening in the
- 4:52Speaker 1: podcast Wars. Tucker came out finally and I think positioned
- 4:56Speaker 1: against Trump because of this. You've already seen quite a
- 4:59Speaker 1: few people that were for Trump that have gone against them.
- 5:02Speaker 1: Megan Kelly is one of them that had been holding strong,
- 5:05Speaker 1: but listen to what she had to say.
- 5:07Speaker 4: And So what led Trump, at seventy nine years old
- 5:10Speaker 4: to sit in there in that situation room when bib
- 5:13Speaker 4: Netnahoho was seated as an equal. Trump didn't even sit
- 5:17Speaker 4: at the head of the table. Trump sat at the
- 5:19Speaker 4: side of the table and bib was across from him
- 5:21Speaker 4: as an equal in the American situation room? What led
- 5:25Speaker 4: him to sit there and buy what that guy was selling,
- 5:29Speaker 4: hook line and sinker when every other president was able
- 5:33Speaker 4: to see through that liar. So I don't know how
- 5:38Speaker 4: we got here, Piers. I'd like to know just as
- 5:39Speaker 4: much as anybody else. But all I can think in
- 5:41Speaker 4: my head, based on what I've read in the paper
- 5:43Speaker 4: is we got here thanks to bb net, Yahoo Lindsey
- 5:46Speaker 4: Graham and Mark Levin and ultimately President Trump. That's not
- 5:50Speaker 4: to take agency away from the President who was bamboozled.
- 5:55Speaker 4: I don't know why he was too weak to say no,
- 5:57Speaker 4: he was too gullible to see through the lie. One
- 6:00Speaker 4: way or another, he allowed himself to be pushed into
- 6:03Speaker 4: this insane conflict, all right.
- 6:06Speaker 1: So I don't necessarily think that it's necessarily Trump that's
- 6:09Speaker 1: doing that, because I think he has circle of trusted advisors,
- 6:12Speaker 1: is who he's really depending on. Those though, I feel
- 6:15Speaker 1: are the ones that are being got to, whether that
- 6:17Speaker 1: is from Mosad, Israel, whoever it may be that is
- 6:20Speaker 1: influencing that group, who does have the ear of the president,
- 6:24Speaker 1: and I think those are the ones he touched trust.
- 6:26Speaker 2: And of course he does get a certain.
- 6:28Speaker 1: Amount of input from all global leaders, but he also takes.
- 6:32Speaker 2: That right back to that circle.
- 6:34Speaker 1: And I think this is the thing that we're dealing with.
- 6:36Speaker 1: So where does this all play out into digital assets?
- 6:38Speaker 2: Well, one, of course, we have already.
- 6:40Speaker 1: Seen Iran accepting bitcoin and other crypto assets in the
- 6:45Speaker 1: Strait and I think this exposes a much broader opportunity,
- 6:50Speaker 1: and when I say opportunity to play against the petro dollar.
- 6:53Speaker 1: I want to play a clip that is Jim Rickards
- 6:56Speaker 1: talking about this.
- 6:57Speaker 5: Take a look as you put it in the of
- 7:00Speaker 5: Financial Times that Iran is charging this toll to pass
- 7:06Speaker 5: through the Straits and for Moose. And again I would
- 7:08Speaker 5: say that that tells you, It tells me that Iran
- 7:12Speaker 5: is in charges straighted for Moose.
- 7:14Speaker 6: Uh.
- 7:14Speaker 5: The idea that where's the US toll collector? Trump talked
- 7:16Speaker 5: about it, but that doesn't exist. Now Iran is first
- 7:19Speaker 5: they said two million dollars per vessel. The latest version
- 7:24Speaker 5: is one dollar per barrel of oil. It's calculated, it's
- 7:29Speaker 5: not hard to do, but that they would take it
- 7:31Speaker 5: in the cryptocurrency equivalent. Now, they didn't say which cryptocurrency.
- 7:35Speaker 5: A lot of people just assume bitcoin. They didn't say bitcoin.
- 7:38Speaker 5: It could be Bitcoin, it could be it could be tether,
- 7:41Speaker 5: it could be I mean, you know, ripple. A lot
- 7:43Speaker 5: of cryptocurrencies out there, all right.
- 7:46Speaker 1: So as you say, he's talking about Ripple as a
- 7:48Speaker 1: potential currency that could be utilized. And that's the point
- 7:51Speaker 1: I'm getting at is that this starts to really train
- 7:54Speaker 1: the world, is that these are alternatives going forward. And
- 7:57Speaker 1: when you look at alternatives, you have to kind of
- 7:59Speaker 1: consider some of the key crypto projects out there, including Ethereum,
- 8:02Speaker 1: and also including what will most likely happen with Ripple
- 8:07Speaker 1: in general, as well as Bitcoin. All of those are
- 8:10Speaker 1: at least Ripple and Ethereum high transaction.
- 8:13Speaker 2: Through put capable.
- 8:14Speaker 1: Because if we do see this happening in the strait,
- 8:17Speaker 1: could it happen in other places around the world. Absolutely,
- 8:19Speaker 1: it could other things that you have to kind of
- 8:21Speaker 1: look at that kind of connect the dots here, because
- 8:24Speaker 1: remember the Epstein files, Well, you got a few things
- 8:27Speaker 1: that happened in the Epstein files. Ripple was identified in there,
- 8:31Speaker 1: but not as a friend, as a foe, and it
- 8:34Speaker 1: said Ripple and Jed's new Stellar are bad for the
- 8:37Speaker 1: ecosystem we are building, and it does not and it
- 8:41Speaker 1: does our company damage to have investors who are backing
- 8:44Speaker 1: two horses in the same race. Basically, what they were
- 8:46Speaker 1: talking about was what was happening within Bitcoin and of
- 8:50Speaker 1: course Ripple on the other side, which was against them.
- 8:52Speaker 1: And that I think is why we continue to see
- 8:55Speaker 1: because remember, whether you'd like to hear this or not,
- 8:57Speaker 1: we know that Epstein was massan.
- 8:59Speaker 2: He had to be.
- 9:00Speaker 1: There's just no way around it that of course, pushes
- 9:02Speaker 1: into all of this in terms of connecting crypto. Where
- 9:06Speaker 1: this connects is right here. This is an interesting tweet.
- 9:09Speaker 2: Here but ted.
- 9:11Speaker 1: And it's basically this strange coincidence. The war in February
- 9:16Speaker 1: twenty twenty two Ukraine war starts. Bitcoin bottoms same day
- 9:20Speaker 1: started going up. Four weeks later, Russia says, hey, we're
- 9:22Speaker 1: gonna take bitcoin.
- 9:24Speaker 2: We'll do that.
- 9:24Speaker 1: Sound familiar, and then markets go euphoric, and then of
- 9:28Speaker 1: course bitcoin goes above forty eight k. Soon Bitcoin peaks
- 9:31Speaker 1: and then dumps fifty percent of new market. That's all
- 9:34Speaker 1: possible right now. The difference is that I think now
- 9:38Speaker 1: people are seeing global leaders, all sorts of companies are
- 9:42Speaker 1: probably starting to see wait a minute, on the if
- 9:44Speaker 1: we can exact tolls, what we could do this in
- 9:47Speaker 1: all sorts of different areas, including tariffs, including all sorts
- 9:51Speaker 1: of funds that might go into trade, all sorts of
- 9:53Speaker 1: things that start to push away from the dollar.
- 9:56Speaker 2: And with that you have to look at this right here.
- 9:59Speaker 1: Trump is doing one thing that I think has to
- 10:01Speaker 1: be canceled, and that is this Memecoin conference.
- 10:05Speaker 2: This is getting serious. We need to push that out
- 10:07Speaker 2: of the way. And mar A Lago.
- 10:09Speaker 1: Get that out of here and focus on what's happening
- 10:12Speaker 1: right now in the Middle East. Get this shutdown and
- 10:15Speaker 1: move on, because I think we are facing a very,
- 10:17Speaker 1: very big issue. I don't know if you guys have
- 10:19Speaker 1: been following the GDP numbers, those themselves in terms of
- 10:22Speaker 1: missing GDP that starts to really correlate to a completely
- 10:26Speaker 1: different economic situation here in the United States. I want
- 10:29Speaker 1: to go to a quick clip because this is talking
- 10:31Speaker 1: about why everything that's happening over there is affecting the economy.
- 10:36Speaker 2: Here. Take a look at this.
- 10:38Speaker 7: I can stand in Verson Piece talks and this is
- 10:41Speaker 7: what the table is going to look like for what
- 10:42Speaker 7: could be jd Vance's biggest assignment yet as Vice President.
- 10:46Speaker 7: He will be there, Steve Witcoff, the Special Envoy, will
- 10:49Speaker 7: be there. Jared Kushner, another special envoy, will be there
- 10:51Speaker 7: on the US side. On the Iran side, you've got
- 10:54Speaker 7: the parliament speaker who has been talking to President Trump,
- 10:57Speaker 7: Muhammad Thagar Gallibof, and then a Boss Aragatchi. The foreign
- 11:01Speaker 7: minister officials here are not negotiating in public about which
- 11:06Speaker 7: points have to stay, which points have to go to
- 11:09Speaker 7: end this military campaign in the Middle East. But it
- 11:11Speaker 7: is very notable both here at the White House and
- 11:13Speaker 7: a depending on officials are starting to refer to epic
- 11:16Speaker 7: fury in the past tense, something that happened, something that
- 11:21Speaker 7: was very effective.
- 11:23Speaker 1: All right, So I like that statement past tense gives
- 11:26Speaker 1: me some indicator that maybe they're already forecasting that this
- 11:31Speaker 1: is going to get done. There's an interesting statement here
- 11:34Speaker 1: on Polymarket talking about Iran versus a reel Israel and
- 11:38Speaker 1: the US conflict ending by a certain date. Now, if
- 11:41Speaker 1: you look at the April fifteenth numbers, let me zoom
- 11:43Speaker 1: in on that for you guys, April fifteenth spikes up
- 11:46Speaker 1: to sixty eight percent. And this was, as you can see,
- 11:49Speaker 1: around almost nothing on April seventh. Here we are April
- 11:53Speaker 1: nights starts moving up boom sixty four and now holding
- 11:57Speaker 1: at sixty eight percent. So is there something centered around
- 12:01Speaker 1: that meeting that.
- 12:02Speaker 2: Correlates to all of this?
- 12:03Speaker 1: Now, once this happens, and it will, it's got to happen,
- 12:07Speaker 1: because this is affecting the economic condition not only of
- 12:10Speaker 1: the US but of almost all Western countries and including
- 12:14Speaker 1: the situation even within China. Really, what you have to
- 12:18Speaker 1: look at is when does the bottom come in and
- 12:21Speaker 1: what happens. Then here's Tom Lee take a look.
- 12:25Speaker 2: Now what for these markets?
- 12:27Speaker 6: I think the bottom's in scott because last week was
- 12:31Speaker 6: a period where the war was getting worse than oil
- 12:33Speaker 6: was going up, but stocks weren't going down. So that's
- 12:35Speaker 6: a good precondition. And today now we have the rate
- 12:38Speaker 6: of change that the war is de escalating, So I
- 12:41Speaker 6: think stocks are now on the process to go back
- 12:43Speaker 6: to their all time highs and I think maybe get
- 12:46Speaker 6: to that seventy three hundred that we were expecting this year.
- 12:48Speaker 6: This war pulled for forward a lot of repositioning. You know,
- 12:52Speaker 6: we know people have gone flat or raised cash and
- 12:56Speaker 6: they were ready to own defensive positioning. And we also
- 13:00Speaker 6: had a rolling bear market last year in energy and
- 13:02Speaker 6: financials and this year in mag seven and software. So
- 13:07Speaker 6: something like seventy percent of the S and P has
- 13:09Speaker 6: already been through a rolling bear market. So I think
- 13:12Speaker 6: the possibility is that the summer lull that could happen
- 13:17Speaker 6: won't be as deep because we've already fallen eight percent,
- 13:20Speaker 6: all right.
- 13:20Speaker 1: So one point to really understand here is that even
- 13:24Speaker 1: though this war will eventually end, the likelihood is the
- 13:29Speaker 1: follow on effect on not only inflation, but just in
- 13:32Speaker 1: general energy cross around the world as well as supply
- 13:35Speaker 1: chain disruptions that will happen. And with all of that
- 13:39Speaker 1: still going on, there's only one play, and that's going
- 13:42Speaker 1: to be into assets. The dollar is going to continue,
- 13:45Speaker 1: i think, to continue its down trend and away from
- 13:50Speaker 1: what we are going to see as the primary potential
- 13:53Speaker 1: way to basically debase against that, and that I think
- 13:57Speaker 1: is going to be digital assets to a certain extent.
- 13:59Speaker 1: Metals also think that we are going to see some
- 14:01Speaker 1: of that maybe insecurities as well. So this is all
- 14:04Speaker 1: happening right now. We'll continue to cover this. Uh, things
- 14:07Speaker 1: are getting heated. If you like this video, like and subscribe,
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