Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / UPDATE!! - $UFD - GOLD - SILVER

Transcript

UPDATE!! - $UFD - GOLD - SILVER · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:01
  Hey guys, welcome to the live stream.
• 0:03
  Welcome to the Basement Duster Club.
• 0:05
  Horns up. Let's run out to our friends at
• 0:09
  Abstract here and let me get us streaming on Abstract and then
• 0:15
  we'll be ready to go. Man, what we got a lot of great
• 0:18
  things to talk about today, a lot going on.
• 0:22
  And let's make sure, OK, mute that so you don't hear a me
• 0:29
  echoing. It's bad enough to hear me once.
• 0:31
  If you got to hear me twice, it might just drive you crazy.
• 0:34
  Listen, I'm going to deal with myself all day long.
• 0:37
  But right now we get to deal with with each other.
• 0:40
  Horns up dusters. There are some extraordinary
• 0:44
  things going on within our community within the meme coin
• 0:48
  sector that I think point us toward this.
• 0:51
  What still remains to be the case?
• 0:53
  Unlimited potential for Unicorn fart dust.
• 0:58
  OK, hey, first my disclaimer, this is not financial advice.
• 1:02
  Whatever you invest in in the world, do it responsibly.
• 1:06
  But I'm not a financial advisor. I'm giving you my truth, what I
• 1:09
  believe about Unicorn fart dust, but always invest responsibly.
• 1:14
  Don't take too much risk. That would be the only quote UN
• 1:17
  quote advice that I would give you.
• 1:19
  Now, I had a crazy experience last night regarding Unicorn
• 1:24
  Fart Dust and it relates to our community and how it is really
• 1:30
  quite similar to other big major communities, countries,
• 1:34
  religions, communities that have formed over the Millennium.
• 1:38
  OK, this is very interesting and I think points us to the fact
• 1:43
  that we've got a lot of great things coming ahead for us.
• 1:50
  Sorry, I was having a little voice issue there.
• 1:53
  OK, so I'm reading this book about it like the the best book
• 1:57
  ever about communities just trying to learn like what's
• 2:00
  going on with Unicorn fart dust. In this book points out
• 2:04
  something very, very important. It says that any great community
• 2:09
  has been been formed in an environment where there was a
• 2:13
  historic struggle against daunting competitors, a historic
• 2:20
  struggle against extraordinary odds.
• 2:23
  Think about the United States and the story about how the
• 2:26
  United States rose up against Great Britain.
• 2:28
  Think of any great religion. Think of any most any great
• 2:32
  organization, even great sports teams that were up against
• 2:37
  adversity and prevailed through grit and determination.
• 2:40
  I think the big key thing for us to remember is that's what we
• 2:44
  are doing right now. We were, we were born turn into
• 2:49
  FUD, right, FUD, FUD, but we became UFD.
• 2:56
  We flipped the the letters, we flipped the script on the crypto
• 3:01
  world. What have been going on in the
• 3:02
  meme coin sector to become this extraordinary movement that we
• 3:06
  are today. So I wanted to share that with
• 3:08
  you. What we're going through right
• 3:10
  now, this struggle is the same thing that any great
• 3:14
  organization has gone through. And it's, it's, it's the the
• 3:17
  great part part about it is, and I think what makes it even
• 3:20
  stronger, you know, it's organic.
• 3:22
  You know that, that, that, that we were born in thud.
• 3:26
  We already covered that. But think about it, guys, are we
• 3:29
  having fun? Are you having fun doing this?
• 3:31
  Are you having fun while we're going through this?
• 3:35
  What a lot of people would give up and walk away, but not the
• 3:39
  dusters, not the Unicorn fart dust diamond hood dusters.
• 3:44
  No, we're no butter cups. No, we're dusters.
• 3:47
  So we're going through this formative phase, right, of our
• 3:51
  community, of our movement, of our coin.
• 3:55
  But we're doing it with a good attitude.
• 3:57
  Sure, we got some dissension from time to time.
• 4:00
  And of course, right, any great movement will also have its fair
• 4:05
  share of detractors and haters. But we're going through it with
• 4:09
  grace, with style. We're going through it having a
• 4:11
  lot of fun. We're going through it together
• 4:13
  because we have shared common beliefs.
• 4:14
  We believe and good attracts good.
• 4:17
  We believe in honesty, integrity and prosperity.
• 4:20
  We believe we have common beliefs, and there is.
• 4:23
  So I promise I'll shut up, OK, I promise.
• 4:27
  But there's so much good going on.
• 4:31
  I'm sorry, when I look at most all, not all, but most all of
• 4:35
  the other meme corn communities, what we have the the depth of
• 4:40
  our bonds, the the depth of our relationships, right, sure we're
• 4:44
  like a big spider web decentralized.
• 4:47
  I'm not in charge. Hey, you want to do a live
• 4:49
  stream, go for it. You want to do a spaces, go for
• 4:52
  it, right? You know, right, This is all
• 4:55
  open source. But at the same time, the, the,
• 4:59
  the, the bond, the strength of, of this, of these, of these
• 5:03
  relationships we have in this community are really, really
• 5:08
  unbeatable. Speaking of which, we've got
• 5:09
  community members doing things any everywhere that are just
• 5:13
  absolutely incredible. Let's start to run through some
• 5:17
  of the latest. OK, yesterday we had the roaring
• 5:20
  kit Kitty million post Monday meme contest.
• 5:23
  There's Emma Bear. It is not over, but what a great
• 5:26
  job. You guys knocked it out of the
• 5:28
  park. OK, The winners will be
• 5:30
  announced on the end of the day, March 26th.
• 5:35
  So thank you. Emma Bear, you know, guys, she's
• 5:38
  there's a lot of key members, no doubt, a lot of people,
• 5:41
  including you doing a lot. But Emma Bear really goes above
• 5:45
  and beyond. And what do you think?
• 5:47
  Do you think we're going to get Keith's Roaring Kitty's
• 5:51
  attention? I was thinking about it this
• 5:54
  morning. I was like, I I can almost
• 5:56
  guarantee that Roaring Kitty, if he didn't know what Unicorn fart
• 6:00
  dust was 48 hours ago, at minimum he knows what we are
• 6:06
  now. And you know how it goes if he
• 6:07
  just puts 1 little part of his hoove.
• 6:10
  His little buttercup hoove into the Unicorn fart dust community
• 6:14
  and sees what we are doing, sees the good good, attracts good,
• 6:18
  sees the the battle that we are gladly taking on right within
• 6:23
  the meme coin sector. When he sees just how, how, how
• 6:28
  robust and kind everyone is, I think we'll suck him in.
• 6:32
  I think we'll take Roaring Kitty's.
• 6:34
  I should. I'm sorry.
• 6:34
  I should have said paw. When he puts one of his little
• 6:37
  paws into our pool, he's going to like what he sees.
• 6:40
  So, Roaring Kitty, the offer's still open.
• 6:43
  You're welcome. Come on.
• 6:44
  Ron's basement with me. We can do it remotely.
• 6:47
  We can do it through Stream Yard.
• 6:49
  It'd be great to have you join me here in the basement.
• 6:53
  I'm just a normal guy. One of the community members
• 6:57
  here at Unicorn Part All right, let's move on.
• 7:02
  This is fun. We got a fun little contest
• 7:05
  going on. Not a contest, but well, maybe a
• 7:07
  contest. I don't know what you call this,
• 7:09
  but for some reason this one is catching everyone's attention
• 7:13
  from this guy Landy who raids harder APU or UFD guys were it's
• 7:19
  like neck and neck. Let me see if I can refresh this
• 7:23
  and get a hold on here, See if I can get a refresher going on.
• 7:31
  Let's see if there's an update on this.
• 7:33
  And I believe it goes for another day or so.
• 7:38
  One day left. Yeah.
• 7:39
  Look at that, guys. We are neck and neck.
• 7:41
  Can we stick our horns out in front?
• 7:43
  What do you think? Dusters?
• 7:45
  I don't know. OK.
• 7:46
  Now look, another key thing that we are dealing with at UFD is
• 7:51
  our ability to attract new people, but also our ability to
• 7:55
  retain our dusters and our ability to bring back the
• 7:59
  prodigal dusters. Yes, those dusters who wandered
• 8:02
  away on us, right? You know, they wandered away and
• 8:07
  they want to come back. We we must, we must remain
• 8:11
  positive and supportive with each other.
• 8:14
  This is a very touching story. I want to show you an example
• 8:18
  here. This came from Emma again.
• 8:22
  This is why we should respond to current and former dusters who
• 8:25
  express fear and doubt. It's okay guys.
• 8:28
  We all go through our ups and downs.
• 8:30
  We're going to have our days where we have our fear and
• 8:32
  doubt. We should lead with empathy, not
• 8:34
  shame. Telling people to dump their
• 8:36
  bags or that they're not real dusters is antithetical.
• 8:41
  Sorry Emma, my vocabulary is not that advanced.
• 8:44
  I should have looked that up. But I will afterwards do what
• 8:47
  UFD stands for. None of us will be perfect at
• 8:50
  this. I haven't been either.
• 8:52
  But effort and consistency matter.
• 8:54
  That's what integrity is all about.
• 8:55
  But this is the story we want to read.
• 8:57
  This was from our friend Colby. Colby said OK, so I posted what
• 9:02
  could have been construed as a little FUD on the timeline.
• 9:06
  Remember, if you switch EU and the F, if you flip them, UFD is
• 9:10
  thud. We were born in thud.
• 9:11
  Thud can't hurt us. But he posted a little thud on
• 9:15
  the timeline today. But you know, what followed was
• 9:18
  really inspiring and made me feel more conviction in Unicorn
• 9:22
  fart dust than when I woke up this morning.
• 9:26
  So I don't regret it. And you guys know who you are.
• 9:30
  You are you guys know you are great and I feel proud to be
• 9:33
  here with all of you in this amazing, right?
• 9:36
  So Colby basically, you know, maybe wasn't having a good day.
• 9:39
  That happens right? Happens to all of us put out
• 9:42
  something that was maybe a little fetish.
• 9:44
  But what he got was empathy and support from the community and
• 9:49
  it actually made him feel even even more committed to what we
• 9:53
  are doing. So great point there, Emma.
• 9:55
  I appreciate that. Thank you, Colby, for sharing
• 9:58
  that story. OK, I want to remind everyone,
• 10:03
  hold on, let's get you back. Are you there?
• 10:06
  Are you there? You.
• 10:08
  I mean, Can you believe this, right?
• 10:10
  We're part of this unbelievable community.
• 10:13
  Unicorn fart dust. I mean, look, I'm 55 years old.
• 10:16
  I'm an almost boomer. 30 years ago, if you told us that we'd be
• 10:20
  together right now, all of us. Do you feel it?
• 10:23
  Do you feel it in your horn? Is your horn tingling?
• 10:26
  It's unbelievable what we are doing, what we're able to do,
• 10:31
  right? And now this great movement that
• 10:33
  we have, That's not what I wanted to tell you.
• 10:35
  What I wanted to remind you is that at 10:00 AM central, that
• 10:38
  would be about one hour and 20 minutes from right now.
• 10:42
  We're going to have our weekly spaces.
• 10:44
  Feel free to hop in if you have questions, complaints,
• 10:48
  compliments, whatever you wanna do, hop in there.
• 10:51
  It's every Tuesday at 10:00 AM Central.
• 10:53
  Don't forget. Okay, let's go to Doster of the
• 10:56
  day. Sorry, I might have to do a
• 11:00
  spaces. I'm having a little voice issue
• 11:02
  here. Look, every day is Duster of the
• 11:06
  day day, right? You're the duster of the day.
• 11:08
  I'm the duster of the day. We are the dusters of the day
• 11:11
  here together in the basement. But we like to point out one
• 11:15
  person on a daily basis who is the official duster of the day.
• 11:20
  And today's duster of the day is a guy.
• 11:23
  Look, I love all you guys, but I feel like I've gotten to know
• 11:26
  him through the spaces, through his non-stop unbelievable
• 11:32
  ability to create awesome art. OK, this Brian, this is Brian
• 11:37
  from Brian's life. I feel a connection with all of
• 11:41
  you. I feel a real connection with
• 11:42
  Brian Over the last, I mean months at this point, he's been
• 11:46
  very supportive of our mission. He puts out unbelievable art.
• 11:50
  There he is, right? A guy like us, a guy, you know,
• 11:53
  we're we're normal everyday men, women.
• 11:57
  And I mean, look at this art that he puts out.
• 12:00
  I mean, it is an oh, I love this.
• 12:04
  Sorry, Brian, I got to play this.
• 12:06
  Sorry, guys, make sure I got us on the right screen.
• 12:08
  Hold on here. All right, I do.
• 12:11
  I got to play this. I got I said this a week ago.
• 12:14
  This is probably one of my fun funnest.
• 12:16
  I don't know. Let me know what you think about
• 12:17
  this. I thought this was one of the
• 12:19
  cutest, funnest ever little UFD things ever.
• 12:28
  Don't. Anyhow, hold on, Brian.
• 12:52
  I really want one of those little unicorns in my hand.
• 12:54
  Where did the Unicorn go? Oh, boy, we took him.
• 12:57
  I don't know. The unicorn's missing.
• 12:59
  Uh oh, we got problems. It's around here somewhere.
• 13:02
  I bet Jasper took it. You know that's the story,
• 13:05
  right? Jasper used to take that thing
• 13:08
  and, and, and like, you know how cats are.
• 13:11
  And then he would take it and it would be gone.
• 13:13
  And then I would come down here and it would be on my desk
• 13:15
  again. I don't know if Jasper or Jazz.
• 13:17
  I can't. I can't blame Jasper this time,
• 13:19
  but that's what he used to do. Anyway, this is about Brian,
• 13:22
  Brian's life. Duster of the day.
• 13:24
  You're important. You're important to the
• 13:25
  community. And I would like to read to you
• 13:28
  guys something that Brian wrote to us.
• 13:32
  OK, This is one of your fellow dusters sharing some thoughts
• 13:39
  from Mr. Brian Life. My horn started tingling.
• 13:43
  I love that when I heard HERDI was nominated as Duster of the
• 13:48
  day. Truly honored.
• 13:50
  Thank you Ron, Susie and all of the dusters.
• 13:52
  The love and support I get when I share my UFD meme art is
• 13:56
  amazing. Ever since I got my horn I felt
• 14:00
  this wave of inspiration to create fun.
• 14:02
  Me and you are you are not. You are checking all the boxes
• 14:05
  here brother. UFD inspired art and animation
• 14:09
  with our adorable uni mascot. I've been making art all my
• 14:13
  life, Digital 3D sculpture, graffiti since 92 and now with
• 14:17
  AI. Every now and then I catch that
• 14:19
  unstoppable creative rush. Just like when I first found
• 14:23
  graffiti making wild paintings for hip hop heads and culture
• 14:27
  that understood me. That same spark hit me now with
• 14:29
  UFDI. Feel free, driven and connected
• 14:33
  right man free. Do you feel it?
• 14:37
  I feel it. Do you feel free?
• 14:40
  Do you feel driven? Do you feel connected?
• 14:44
  On autopilot with love? It's pure joy creating and
• 14:48
  sharing with my dusters and butter cups.
• 14:51
  The support is life changing. I love it.
• 14:55
  I feel alive and unified with you all, All my heart.
• 14:57
  Brian. Life.
• 14:59
  All right, Brian, wow, that touched me.
• 15:01
  That was well written and I think, like I said, you checked
• 15:04
  all the boxes. So you are the duster of the
• 15:08
  day. We appreciate what you are doing
• 15:10
  and you're an inspiration for a lot of other people that are
• 15:13
  watching right now. Go out and use your talents.
• 15:17
  Go out and give it a shot, OK? The only failure in life is
• 15:21
  really not trying. The only way to guarantee
• 15:23
  failure is to not try. So use your talents.
• 15:26
  Look at a guy or or like Brian or the other women in the
• 15:30
  community that are also doing unbelievable things.
• 15:33
  OK, Give it a shot. Brian.
• 15:35
  Thanks for being an inspiration to us all.
• 15:37
  Thank you for sharing your talents with us.
• 15:39
  And on behalf of the entire community, congratulations on
• 15:42
  being the duster of the day. And we are going to now install
• 15:46
  the Golden Horn on to Mr. Brian. Congratulations buddy.
• 15:51
  Uh oh, I lost my notes. OK, OK, let's go to Solana real
• 15:56
  quick. This is interesting, right?
• 15:58
  A Solana ETF could be groundbreaking for the Solana
• 16:04
  ecosystem. Guys, remember when they made
• 16:06
  the first Bitcoin ETS and that was a massive support?
• 16:09
  If they create a Solana ETF, an exchange, it's called an
• 16:12
  exchange traded fund or several different Solana ETS.
• 16:17
  What that will do is allow normal everyday investors
• 16:20
  through things like Fidelity Investments, Vanguard, Charles
• 16:24
  Schwab, for instance, the big, you know, traditional financial
• 16:28
  services companies to buy Solana.
• 16:31
  It could create a wave of demand for Solana.
• 16:34
  And there's AI, don't know what you call it, a website.
• 16:38
  I don't know what you call them. Anyway, breaking.
• 16:40
  OK, hold on here breaking OK, so a lot of ETF approval is at 88%
• 16:48
  on Polly market. Now for those of you, most of
• 16:51
  you know more about Polly Market than I do.
• 16:53
  But what I do know about it is that it's a like a site where
• 16:57
  people are able to place wagers basically and correct me if I'm
• 17:01
  wrong on the outcome of certain events and it has been
• 17:04
  incredibly accurate and I believe it's done through the
• 17:08
  blockchain. I could be wrong about that, but
• 17:10
  like it's predicted political races, it's predicted all kinds
• 17:15
  of different things and done it with uncanny accuracy.
• 17:18
  So the fact that Polymark, am I on the right tab?
• 17:22
  Hold on here, Polymarket, yes, I am, is saying there's an 88%
• 17:27
  chance is a big, big, big deal. Let's go look at the burger Man
• 17:30
  Burger man. You guys remember Burger man,
• 17:33
  our buddy in the Philippines, the guy that gave away all the
• 17:36
  burgers. Let's just watch this because
• 17:38
  look, look, and this is no, I'm showing I'm not involved in the
• 17:42
  judging for the meme contest. Any of the memes that I've shown
• 17:46
  really have been just random. So I don't want you to think I'm
• 17:49
  I'm I'm making any recommendations or anything like
• 17:51
  that. I happen to think the best meme
• 17:55
  was me. I'm joking.
• 17:56
  I put out a picture yesterday and me standing in front of
• 17:58
  GameStop. I am not officially involved in
• 18:00
  the contest. Obviously that would not be
• 18:02
  fair. However, let's go to Burger man
• 18:05
  and now I'm on the right screen and look at what burger man
• 18:09
  made. This is great.
• 18:10
  It's 30 seconds long. What's up everybody?
• 18:18
  Cheers. Happy Friday, Happy weekend.
• 18:21
  I hope everyone's having a great week.
• 18:24
  Surprise. Roaring Kitty here.
• 18:32
  I come here. I come here.
• 18:33
  I come. I created a crypto.
• 18:36
  It's called Unicorn Fart Das. It's no joke.
• 18:41
  This is real, people are buying it.
• 18:43
  Let's go UFD. All right, guys, like I said,
• 18:48
  the unbelievable. Oh oh boy, here we go.
• 18:51
  Now I get to see if I can fix it.
• 18:53
  All right, I figured it out. Sorry, I had some technical
• 18:56
  problems yesterday, which hold on here now I've I've been able
• 19:01
  to figure out water under the bridge unbelievable entries into
• 19:06
  the meme contest yesterday. That makes a difference.
• 19:08
  That gets more people seeing UFD.
• 19:12
  The NFT projects get more people seeing UFD.
• 19:16
  It's a great Buttercup recruitment tool.
• 19:20
  The DJ Litmus shows on Friday night get more people seeing
• 19:24
  UFD, more butter cups. We got to be on a Buttercup
• 19:27
  recruitment mission, Guys, This is a unique opportunity.
• 19:31
  Remember, right? We are in a battle against
• 19:34
  extraordinary odds and we are succeeding and we are doing that
• 19:39
  with a good attitude. OK, Remember, remember, the more
• 19:42
  butter cups we get, they get, oh, it's been a whole week.
• 19:47
  I know you've been dying to see it, right?
• 19:49
  You've been dying to see it and hear it, right?
• 19:52
  The more butter cups we get. Butter cups turn into dusters
• 19:55
  when they buy their beans. Dusters once they're here for
• 19:59
  like, I think on average it takes about 14.34 hours.
• 20:03
  The last data that I looked at, the dusters then turn themselves
• 20:07
  into diamond hooves. And you know what a diamond hood
• 20:10
  of duster is? That's somebody who's bought
• 20:12
  some beans and will never, ever sell them or sell very little.
• 20:18
  OK. Now remember, as we fill this
• 20:20
  jug, OK, there's only 900. You see that?
• 20:23
  Can you see that? Right where my finger is?
• 20:26
  999 million beans. There's a finite supply.
• 20:29
  We aren't like Doja Cohen. Somebody pointed that out.
• 20:33
  I haven't talked about that forever.
• 20:34
  Doja coin, the you know, the king of meme coins.
• 20:37
  They get to make more coins every year.
• 20:39
  Our jug. If this was dogecoin, their jug
• 20:44
  gets bigger as I understand it right?
• 20:46
  Bigger and bigger and bigger. Our jug is finite.
• 20:50
  It's stationary. It can't get bigger.
• 20:52
  There's only 999 million coins. As those butter cups turn into
• 20:56
  dusters, turn into turn into diamond hooves, it gets filled
• 21:00
  up higher and higher and higher and higher.
• 21:03
  And at some point we get a bean shortage.
• 21:06
  Now let me tell you, let's use if you've been to the grocery
• 21:09
  store to buy eggs lately, remember a dozen eggs was like 6
• 21:12
  bucks. Why?
• 21:14
  Because there was an egg shortage, right?
• 21:17
  Well, what do you think happens to the price of beans when
• 21:19
  there's a bean shortage, right? The price of beans goes up.
• 21:22
  And when we get all the beans, all the beans, all of the beans,
• 21:30
  we have a beanopoly. But don't tell anybody about the
• 21:32
  beanopoly. It's going to be a while.
• 21:34
  And look, I don't have a crystal ball.
• 21:36
  Don't make any financial decisions based on anything that
• 21:38
  I'm saying. However, I was told something
• 21:41
  very fascinating last night. India.
• 21:45
  Where's India? Where are my friends in India
• 21:47
  who can take on the job? Dusters, here's a challenge for
• 21:51
  you and then I promise I'll be quick.
• 21:54
  But here's a challenge for you. Who of you can spearhead are
• 21:59
  move into India? OK, You know that I read an
• 22:02
  article last night, one of you guys told me and why is it so
• 22:05
  important? Because like 20% of the people
• 22:08
  in India own crypto. But that's look, you don't have
• 22:12
  to be Albert Eisenhower to know there's 1.4 billion people in
• 22:19
  India alone. What's 20% of 1.4 billion?
• 22:24
  I think it's like 300 million. If all those people in India
• 22:27
  that do own crypto now and it's growing and growing and people
• 22:30
  in India are getting richer and richer, If those 20% of those
• 22:34
  300 million people all bought 3 beans, we wouldn't have no beans
• 22:39
  left. We would have the bean opoly.
• 22:41
  Come on, who out there? I hear people say, Oh yeah, I'll
• 22:45
  do this, I'll do that. Who can really do it?
• 22:48
  Who wants to really take on the challenge, the mammoth
• 22:51
  challenge, the critical challenge of spearheading, right
• 22:55
  the marketing efforts of UFD into India, right?
• 22:59
  They could. They're our friends.
• 23:01
  I love Indian people. They're smart.
• 23:03
  They're motivated. I get Indian neighbors.
• 23:05
  After I had surgery one time, they all brought me food.
• 23:07
  They're nice. They're good people.
• 23:09
  I don't know. All right, I digress.
• 23:11
  All right, let's talk about some macroeconomic stuff.
• 23:14
  Here's what's going to happen. The economy if, and I think it's
• 23:19
  very likely if the US economy runs into challenges.
• 23:22
  This guy right here, this guy, do you know who he is?
• 23:27
  You know who's in this box, right?
• 23:28
  Yeah. Jerome Powell, right.
• 23:31
  He's gonna print money. He's gonna liquidate.
• 23:34
  That's what Trump wants. That's what Trump wants.
• 23:37
  Trump's the king of debt and Trump loves easy money.
• 23:41
  So once the economy really starts to sputter, which I
• 23:45
  think, you know, I'm putting on my tinfoil hat conspiracy
• 23:48
  theorist here, but I I'm usually right.
• 23:52
  That's what they want. They want the economy to slow
• 23:54
  down. And what kind of information are
• 23:56
  we getting right now that that may indeed be the case.
• 24:00
  And let me get back to this. That will be good for crypto.
• 24:03
  That will be good when they when they liquidate, oh, helicopter
• 24:07
  money, they call it whatever. That will be good for the for,
• 24:12
  for, for the crypto currency sector.
• 24:15
  That will be good for the precious metal sector, will be
• 24:17
  good for the real estate. It'll be good for everything.
• 24:20
  It'll be more worth less dollars, right, Because we're in
• 24:23
  a debt spiral. You know, the US debt clock, all
• 24:26
  that good stuff. But that's what we have to
• 24:28
  expect. Here's why the dollars will be
• 24:31
  worth less. We're not going to spend a lot
• 24:32
  of time on this, but we'll go out there quickly.
• 24:38
  Am I showing the right tab here? Hold on.
• 24:41
  Yes, OK. As you can see, that's the US
• 24:43
  debt clock. We're sitting with 36 trillion.
• 24:47
  I won't go through it again, but we are in a debt spiral because
• 24:49
  all that debt, follow my cursor, creates a much more interest,
• 24:53
  almost a trillion dollars a year in interest alone, which makes
• 24:57
  the deficit get bigger, which makes the debt get bigger.
• 25:00
  It's a big, big circle of doom, basically.
• 25:04
  Now, why are we thinking that the economy is slowing down?
• 25:09
  Well, we have Deutsche Bank, right, which is the biggest bank
• 25:12
  in Germany, in Germany is one of the biggest economies in the
• 25:16
  world. The probability of a recession
• 25:19
  is approaching 50% now, according to Deutsche Bank.
• 25:23
  A market survey finds the the combination of higher inflation.
• 25:27
  Oh, there they are looking at eggs.
• 25:29
  We just talked about you eggs. A higher inflation and slower
• 25:32
  growth raises the specter of stagflation.
• 25:37
  Stagflation, for those of you who don't know, that's a
• 25:39
  stagnant economy with inflation. It is the, IT is the, it's the
• 25:45
  word that you can go into the Federal Reserve Bank in
• 25:48
  Washington, DC and say stagflation and they all scatter
• 25:51
  like rats because there's nothing they can do.
• 25:54
  It's the most, it's a very lucrative and fertile soil
• 25:58
  environment for crypto, silver and gold.
• 26:01
  So keep an eye on that. A phenomenon not experienced
• 26:05
  since the early 1980s. We aren't gonna read through
• 26:08
  that. But who else is calling OK Oh,
• 26:11
  Kathy Wood? I'm not a big Kathy Wood fan
• 26:13
  myself, but she does say that the US is in a quote UN quote
• 26:17
  rolling recession as money velocity collapses.
• 26:21
  But that will help unlock Fed rate cuts and lower taxes,
• 26:27
  right? It's all about easy money again,
• 26:30
  right? Get ready for get ready for
• 26:32
  massive liquidation. It's all they've been able to
• 26:34
  do. It's all they've done basically
• 26:38
  since the financial crisis and even before that, even in the
• 26:41
  great tech bubble, right? Every time a problem comes up in
• 26:45
  the US economy, instead of really dealing with it, right,
• 26:48
  instead of dealing with it, all they did was print money.
• 26:51
  Print money, print money. It only works for so long.
• 26:54
  Eventually the hens come home to roost.
• 26:57
  It'd be like you running your family in in subsidizing your
• 27:03
  your lifestyle with a bunch of credit cards and debt, right?
• 27:06
  It works for a little while, but eventually mathematics show no
• 27:11
  forgiveness on the altar of truth.
• 27:13
  Eventually the hens come home to roost.
• 27:15
  Now you've heard me talk many times.
• 27:17
  You know, I was a gold and silver guy before I created
• 27:21
  Unicorn fart dust and had this amazing experience of meeting
• 27:24
  you and and learning about crypto.
• 27:27
  But I've often said that silver and gold, but more more so
• 27:31
  silver in my opinion, silver is the original cryptocurrency.
• 27:35
  Guys, there's some crazy stuff going on in the silver market
• 27:39
  now. Remember, silver and gold and
• 27:43
  crypto have so much in common. There's a small faction of
• 27:47
  people within both communities that maybe aren't so fond of
• 27:50
  each other. But the reality is, I can tell
• 27:52
  you from having been now extensively in both sectors,
• 27:56
  there's there's way more in common. 99% of the reason why
• 28:00
  precious metals people and crypto people invest in what
• 28:04
  they do are similar reasons. The Fiat money, all that stuff
• 28:07
  that we've talked about earlier, but there's some crazy stuff
• 28:10
  going on in the silver market. And why do we want to pay
• 28:12
  attention? Because I believe, right,
• 28:16
  because silver is the original crypto in my opinion or I can
• 28:19
  say that, right, don't take that personally, whatever, but that
• 28:23
  that the precious metals markets can lead the crypto markets.
• 28:27
  I have that feeling in my gut right now and there is some
• 28:30
  crazy developments going on in the silver market.
• 28:34
  We're going to start here with my friend Chris Marcus.
• 28:38
  He's with Arcadia Economics. This is his sub stack that I'm
• 28:42
  forgetting to share. There it is right there,
• 28:44
  Arcadia. Arcadia Economics.
• 28:46
  This is a paid subscription, but he's a friend of mine and he's
• 28:49
  given me permission to share this with you.
• 28:52
  It talks about gold, but let's get down to the silver part,
• 28:57
  which is right here, OK? This is the COT report, I
• 29:03
  believe it's called the COT report, the Commodity Exchange
• 29:05
  report. And it says in the silver side,
• 29:08
  the bank, this is the short. Remember the short squeeze?
• 29:11
  You know what a short squeeze is when people have sold something
• 29:15
  short and then they need to recover.
• 29:17
  There was a great short squeeze in GameStop like we talked
• 29:20
  about. There was also a great big short
• 29:22
  squeeze in silver that you may not know about.
• 29:24
  That happened soon after the GameStop short squeeze had
• 29:28
  occurred. And they're they're setting it
• 29:30
  up for that again, because on the silver, the bank short
• 29:33
  position is a 2400 contracts. All right, that's kind of a hard
• 29:37
  report to read, but here's the key part.
• 29:40
  This took their net short position past the peak from last
• 29:45
  October over a 44,000 contracts short, which was just shy of the
• 29:49
  all time record high of almost 50,000 contracts that the banks
• 29:53
  were short in July of 2016. So if we look at this, this is
• 29:58
  the swap dealer net short position.
• 30:01
  You can see and this goes back quite a while back to 2007 that
• 30:07
  we are nearing near record level short positions in the silver
• 30:12
  market. Why is that a big deal?
• 30:14
  And we'll get back to gold here as well.
• 30:16
  Let me let me just touch on gold and then we'll get back to the
• 30:19
  silver short squeeze. But hold on here.
• 30:23
  I'm having a problem. Here we go.
• 30:24
  We're gonna go down here. Gold, you know, is very
• 30:26
  interesting as well. the United States is stockpiling a ton of
• 30:30
  gold. There's weirdness going on in
• 30:32
  the gold markets. But this chart shows collective
• 30:35
  holdings and assets under management of Chinese gold ETS.
• 30:41
  Look at this, it is skyrocketing, guys.
• 30:44
  I mean, the purple is assets under management.
• 30:47
  That's gold held by Chinese gold ETFs in the collective holdings
• 30:52
  is the is the gold line. I mean, there's a weird things
• 30:55
  going on in the precious metals market.
• 30:57
  Again, the reason I look at that is I still love my precious
• 31:02
  metals as well as I love my 100% UFD, no doubt about it.
• 31:07
  But I strongly believe, number one, I know that there's so much
• 31:11
  in common. Precious metals and crypto are,
• 31:15
  are, are the same thing. They're outside of the Fiat
• 31:18
  money system. And I believe and think about
• 31:20
  this, gold and silver have been used as money for four or 5000
• 31:24
  years. They've got a lot of wisdom,
• 31:27
  right? They got a lot more thousands of
• 31:29
  years of experience. They're the oldest markets in
• 31:32
  the world or some of the oldest markets in the world.
• 31:35
  So they've developed a ton of wisdom.
• 31:37
  What they see coming down the road could definitely apply to
• 31:42
  what crypto will see in the near future as well.
• 31:45
  So that's why we want to keep an eye on this.
• 31:46
  Now let's get back to silver. OK, there's there's this
• 31:51
  craziness going on in the silver market and in the prospects of a
• 31:55
  short squeeze. And now again, remember the
• 31:57
  GameStop short squeeze that occurred?
• 32:00
  That was a famous situation. There was a silver short squeeze
• 32:03
  shortly thereafter. And now I just want to point
• 32:06
  this out. There's a movement going on and
• 32:11
  I got, I saw this from the guy Jesse Colombo, who's a highly
• 32:14
  respected analyst in the silver market.
• 32:17
  A silver squeeze being proposed for Monday March 31st let me see
• 32:24
  where I saw that there's there's some silver here we go here.
• 32:27
  It is right here but it's all over the place buy buy physical
• 32:31
  silver March 31st spread the word on social media and
• 32:34
  retweet. I guess that's what I'm doing
• 32:36
  right now. Start, start shopping now, blah,
• 32:39
  blah, blah. Again, guys, I always called
• 32:41
  silver the original cryptocurrency.
• 32:43
  Something interesting we can keep an eye on.
• 32:45
  That'll be Monday, March 31st is to see if this silver short
• 32:49
  squeeze really gets its legs because there are there's
• 32:53
  massive imbalances in the silver market right now.
• 32:57
  Let's have some fun, basement dwellers.
• 33:00
  Let's go here and we're going to watch a few funnies.
• 33:04
  Again, these are just kind of some random great ones that I
• 33:07
  saw. I'm not trying to influence the
• 33:09
  judging in any way, shape or form of the meme contest, but I
• 33:15
  thought this was a great one. Hold on here.
• 33:24
  Hold on, I love this music is going to be the first video of
• 33:28
  the Kitty corner. Happy Friday, Happy holidays.
• 33:32
  I hope everybody community. Man, that one brought tears to
• 33:35
  my eyes. I don't know why.
• 33:37
  Sorry about that. Well, you can't see my eyes
• 33:39
  right now. Here's another one from
• 33:40
  yesterday from our friend Royal, who's been making great memes.
• 33:44
  I mean forever. Hold on.
• 33:47
  Individual whose creation of Unicorn fart dust and a a few
• 33:50
  things I am not. I am not a Unicorn.
• 33:53
  I am not an institutional investor nor am IA hedge fund.
• 33:57
  I do not have clients and I do not provide personalized
• 34:00
  investment advice for F, ES, or commissions.
• 34:03
  I'm just an individual whose creation of Unicorn fart dust
• 34:06
  and streams on social media sparked a worldwide event of
• 34:09
  good attracting good. Boy, I don't know why it makes
• 34:15
  me. You guys are making me tear up
• 34:16
  this morning. And here's the final just a
• 34:19
  great piece of art. I think Susie sent me this one.
• 34:22
  Hold on, let's say let's check in with Susie.
• 34:23
  I don't know if she has her walkie-talkie on.
• 34:26
  Suzanne. Oh, cool.
• 34:31
  Oh, did I share the. Did I share the right screen?
• 34:33
  This is the one that you liked, Correct.
• 34:42
  Thank you very much. Thank you, Susie.
• 34:44
  We love you. Bye, Susie.
• 34:51
  OK. She loves everybody there.
• 34:53
  What do you think guys? Susie's the best.
• 34:56
  Yeah, another great piece of art.
• 34:57
  And I would like to point out in this piece of art, which I
• 35:00
  really appreciate you guys doing, you can see in the upper
• 35:03
  right corner, Ledger, right, the hardware wallet leader, the the,
• 35:09
  the company that I used to secure my beans and a sponsor of
• 35:13
  our live stream sponsor of Ron's basement.
• 35:16
  Thank you, Ledger. Thank you on many levels for
• 35:18
  being part of our story. And then who's this company Moon
• 35:21
  Pay, right? Original my, my personal on ramp
• 35:26
  into crypto. They are totally integrated into
• 35:29
  the entire Solana ecosystem. They've made some acquisitions
• 35:33
  lately. They are emerging as like this
• 35:36
  massive leader in the crypto payment sector, very exciting.
• 35:40
  We, we've certainly appreciate everything that Ivan and Keith
• 35:43
  are doing at Moon Pay. And for the support guys, please
• 35:47
  continue to add them into your art.
• 35:49
  Continue to add them into your post because without their
• 35:53
  support, I'm not able to be down here harassing you in my
• 35:58
  basement. Yeah.
• 36:03
  Can you believe this? We got 1000 people in my
• 36:06
  basement. What is today?
• 36:07
  Tuesday, Right. It's Taco Tuesday.
• 36:11
  But let me. Let's review something.
• 36:13
  I saw it. I'm sorry.
• 36:14
  I saw it in one of those videos. I'm moving away from you, but I
• 36:17
  will be back. Remember this?
• 36:19
  There's old Billy, huh? Aunt Billy.
• 36:22
  Let's put that over there. Where are you going to be,
• 36:25
  Billy? There we go.
• 36:27
  All right guys, don't forget time for a quick review.
• 36:31
  I pulled something out of the sacred documents that are that
• 36:34
  are that are guarded by our friend Billy.
• 36:37
  This is true, true, true, true. Okay, Don't forget our community
• 36:43
  is #1 we keep community number one, we keep our, our core
• 36:49
  beliefs #1 but that community creates #2 which is value,
• 36:56
  right? The community creates value.
• 36:57
  The art, the music, the, the, the, the DJ shows the
• 37:01
  everything, right? The relationships that value
• 37:04
  eventually gets a translated into price, right?
• 37:07
  And when the price goes up, then we'll get even more attention.
• 37:12
  It's a spiral of good, OK, the community will grow more.
• 37:16
  But we always got to remember, always so critical.
• 37:20
  So critical, you know, and Emma touched on it earlier with the
• 37:25
  post that I showed. We got to keep the good attracts
• 37:28
  good. We got to keep our horns pointed
• 37:30
  in the right direction. We got to remember that no
• 37:32
  matter what challenges or disagreements we ever do face,
• 37:36
  and that will happen. That's normal.
• 37:38
  As you get bigger and more successful, that's part of the
• 37:42
  process that we keep our horns pointed toward.
• 37:45
  Good, right? That's what makes our horns
• 37:48
  tingle. There's nothing like making
• 37:49
  somebody smile, right? I mean, come on.
• 37:55
  When we, we just went on a little spring break deal for a
• 37:58
  couple of days and when I'd go through the gate at the condo
• 38:01
  place that we worked at, I told my daughters there was a secret
• 38:04
  phrase, like a seed phrase. I needed to get in.
• 38:07
  It was, and it drove Susie a little crazy.
• 38:10
  What was it? The Wounded Warrior hawk wanders
• 38:13
  westward. And it would make the guy in the
• 38:15
  guard shack crack up. And my daughter, everybody in
• 38:17
  the car, my mom, be like, oh, my God, don't do that, you know?
• 38:21
  But the guy was laughing. It's OK.
• 38:23
  Have some fun, right? Keep a smile on your face.
• 38:27
  The Wounded Warrior hawk wanders westward.
• 38:32
  Hold on. Let's see what Susie thinks of
• 38:33
  that. Susie, did you hear that?
• 38:39
  OK. Is that a true story that I just
• 38:42
  shared with the community? Was I being honest?
• 38:44
  I can't even understand you. I said.
• 38:49
  Was that a true story about the Wounded Warrior Hawk that I
• 38:51
  shared with our community? Certainly.
• 38:56
  We can't hear you're talking when I'm talking.
• 38:58
  Yes, it was true, unfortunately. OK, I love you.
• 39:04
  Bye. I better quit when I'm ahead.
• 39:08
  Remember, I haven't showed you this for a while.
• 39:10
  Remember Grandpa's clock, huh? That's my 95 year old grandpa.
• 39:15
  I don't really be 110 now. That's his clock.
• 39:18
  It's still running. It's just a matter of time until
• 39:23
  this jug gets filled up with diamond hose dusters.
• 39:26
  What else do we have? We're having too much fun down
• 39:29
  here in Duster Club today. Don't forget in one hour, 51
• 39:33
  minutes from right now, we'll be doing a spaces hop on.
• 39:36
  Then I'm, oh, at 1:00 I'm home with a guy named Pinky Pinky and
• 39:41
  he looks really cool. I watched a couple of his videos
• 39:44
  last night. Pinky, I think I put it on my I
• 39:47
  did. I reposted it.
• 39:48
  I'll repost it again. I'm gonna be doing a live stream
• 39:51
  with a guy named Pinky, which I'm very much looking forward
• 39:54
  to. He seems very cool.
• 39:56
  All the people that work with him look spreading some dust.
• 39:59
  Today's a busy day. Live stream for little Ronnie
• 40:03
  and you and me together. And then we got spaces, you
• 40:07
  know, and then I'm on live at at 11.
• 40:12
  It'll be 1:00 central, which is 11:00 Pacific.
• 40:16
  Correct me if I'm wrong. Sometimes Pacific to Central 11
• 40:21
  anything around noon like flips flips my brain all right that'll
• 40:28
  do it guys horns up good attracts good please that's it
• 40:34
  simple. Don't forget we got a real
• 40:36
  simple opportunity in front of us right we're the we're the
• 40:39
  crypto that's real simple, real strong, real organic.
• 40:45
  We don't have any crazy stuff pile, but there's no big inside
• 40:48
  investors. I know supposedly this big whale
• 40:51
  who I don't you know, I don't I'm not a guru in this stuff,
• 40:54
  but this big whale who owned a bunch of UFD and then split it
• 40:59
  up into hundreds of little wallets, maybe some whatever.
• 41:02
  That's great when that's done right guys, right now, and I
• 41:06
  said this put a post out last night.
• 41:08
  It feels like to me we are just building the most solid
• 41:13
  foundation, OK, that that that we can use that will benefit us
• 41:19
  immensely in the future, right? This massive, like 20 foot deep
• 41:25
  solid concrete with reinforced steel stones, little Unicorn
• 41:30
  sparkles foundation being built. That's what I think.
• 41:34
  Look, I don't have a crystal ball.
• 41:36
  Always be responsible, OK? Don't ever invest any money that
• 41:40
  you can't afford to lose. Any investment is risky.
• 41:43
  But that's what I see. That's my truth.
• 41:45
  I'll be here. I'll keep showing up.
• 41:47
  I know you will too. I appreciate you.
• 41:50
  Have a great day and I'll see you at 10:00 on the spaces.