Latest / Simply Bitcoin / Donald Trump Just CONFIRMED The US Dollar is about to COLLAPSE!!! | EP 1428

Transcript

Donald Trump Just CONFIRMED The US Dollar is about to COLLAPSE!!! | EP 1428 · Simply Bitcoin

• 0:02
  The US dollar might have collapsed by over 10% in the
• 0:05
  past year, but that didn't stop Donald Trump yesterday saying
• 0:11
  some outrageous claims about the dollar strength.
• 0:15
  Has Donald Trump lost his mind or is he playing some secret 5D
• 0:21
  chess game? Are we watching the controlled
• 0:24
  demolition accelerate or is something else entirely going
• 0:28
  on? You have got to watch this clip,
• 0:31
  but I need you to read between the lines.
• 0:36
  Well, Mr. President, with the current value of the dollar, do
• 0:39
  you think it's declined too much?
• 0:40
  No, I think it's great. I mean, the value of the dollar,
• 0:43
  Look at the business we're doing.
• 0:44
  No dollar's dollar's doing great.
• 0:49
  Look, I, I guess, I guess if you're reading this on the
• 0:52
  surface, you're like, what is he talking about?
• 0:56
  And, and let me pull up the charts.
• 0:58
  If if you're not familiar with what we are looking at, of
• 1:01
  course we are looking at the US dollar index here or Dixie as
• 1:07
  it's more commonly known. I'm sorry guys, I I didn't have
• 1:11
  it pulled up here, but here we go.
• 1:13
  OK, So what the reporter was oops, wrong one.
• 1:17
  What the reporter was talking about here is let me let me
• 1:22
  clean up this chart. Sorry guys, not that prepared
• 1:25
  here. Here we go look, this is the 12
• 1:27
  month dollar index. Let me pull it over here.
• 1:30
  This is what the reporter was asking on this is what everyone
• 1:34
  is looking at and think the on the surface level might be
• 1:41
  thinking is what most people think.
• 1:43
  It's like Donald Trump just really don't know what's going
• 1:46
  on. He talks, he says what he wants
• 1:49
  to say. I, I don't necessarily believe
• 1:52
  what most people think that, you know, Donald Trump isn't a smart
• 1:56
  person. I think to get to the level that
• 1:58
  he has been able to achieve, he's, he's a savvy person.
• 2:03
  That's kind of my, my baseline take here.
• 2:06
  Now, I know the audience might think differently, but I, I, I
• 2:11
  wouldn't assume that people in this position aren't smart
• 2:15
  people. You could say maybe other
• 2:17
  things, you know, alternative theories of, oh, you know, he's
• 2:21
  corrupt. You know, he made backroom
• 2:23
  deals. That's how he got so high.
• 2:24
  Sure. Still, even by saying that, you
• 2:27
  have to admit he is savvy. Anyways, looking at the dollar
• 2:29
  index or Dixie, you can see that the dollar has declined about
• 2:35
  11% since Trump got into office, almost 12% here.
• 2:40
  Since the start of 2025 to today, the dollar has lost 12%
• 2:45
  of its purchasing power. So the dollar got weaker by 12%.
• 2:49
  This is why the reporter asking him, hey, you know, Mr.
• 2:52
  President, what is going on with the dollar strength?
• 2:56
  Is it doing well? Are you, are you afraid is are
• 3:00
  we seeing a dollar collapse? And this is, I think the surface
• 3:03
  level view of what's going on. If you're seeing what the
• 3:07
  mainstream media is saying right now, they're looking at this and
• 3:10
  it's all all kinds of panic. They're like the US dollar is
• 3:13
  about to collapse. You know, This is why we're
• 3:15
  seeing the debasement trades blow, go upwards, gold, silver,
• 3:19
  etcetera. But in reality, if you listen to
• 3:23
  what they've been saying, which has been my contention for the
• 3:26
  last couple of months, actually maybe most of last year, is it
• 3:30
  does seem like all of this is according to plan.
• 3:32
  Now, I am not a Trump, you know, trust the plan person.
• 3:36
  All I'm saying is if you listen to what Trump has been saying,
• 3:40
  what Scott Besson has been saying, what people within the
• 3:43
  administration have been saying, you can sum it up with the idea
• 3:48
  of the Mar a Lago Accords. This is the kind of prevailing
• 3:52
  idea right now. And I think once you understand
• 3:55
  this idea, you can start to read between the lines of what Donald
• 3:59
  Trump is saying, which is very simple.
• 4:02
  They want to decrease the purchasing power of the dollar
• 4:04
  and they want to lower interest rates.
• 4:06
  Now we might be on the show long enough today where we can see if
• 4:10
  the Fed cuts rates today from most of the prediction markets.
• 4:14
  It doesn't seem like we're going to see a change.
• 4:16
  So I'm sure we'll be on long enough to kind of get a live
• 4:19
  reaction of this. But anyways, let's go in this a
• 4:22
  little further. Again, you guys know I've I've
• 4:25
  been really enjoying the Kobayashi letter Twitter
• 4:27
  account. I think they've been doing a
• 4:29
  really good job and this is kind of the real time, you know, play
• 4:33
  by play call of what happened here.
• 4:35
  So again, most people don't realize what Trump just said.
• 4:39
  For the last 12 plus months, the US dollar has been a sharp
• 4:42
  decline, falling, as I just showed you about 12% since 2025.
• 4:46
  It's worst year since 2017. And guess what happened in 2017
• 4:50
  to Bitcoin? I don't know.
• 4:52
  We had a parabolic run from 1K to 20K, so it's not all bad.
• 4:56
  Anyways, minutes ago, for the first time, President Trump
• 4:58
  commented on the decline in the US dollar.
• 5:01
  Of course, he says that the value of the dollar is great.
• 5:03
  And then this immediately sent the US dollar another 1% lower
• 5:07
  to its lowest level since 2022. Why?
• 5:11
  It's a clear signal that President Trump is willing to
• 5:13
  tolerate a weaker dollar to push rates lower and boost US
• 5:17
  exports. You got to own assets or be left
• 5:21
  behind. I've been saying this on the
• 5:22
  show. Nico was trolling me a little
• 5:24
  bit, saying like, Opti doesn't care about the middle class.
• 5:27
  He's basically saying, you know, if you're owning dollars,
• 5:30
  they're going to be wrecked. I'm like, dude, that's not me
• 5:32
  saying that. This is what I'm hearing coming
• 5:35
  out of the administration. This is what I'm hearing is the
• 5:38
  monetary policy currently playing out in the US.
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  And for better or worse, we are the world reserve currency.
• 5:44
  So everything is downstream from what the US does with their
• 5:47
  monetary policy. So I'm just here saying, look,
• 5:50
  you may not like Trump, but you should listen to what he's
• 5:53
  saying and not have this emotional reaction to what he's
• 5:57
  saying and be like he's an idiot.
• 5:58
  He doesn't know what's going on. I think this is all going
• 6:01
  according to plan. And again, I don't want to, I
• 6:04
  don't want you guys to like queuing on me and be like, he's
• 6:06
  a plan truster, bro. I've been probably more critical
• 6:10
  of Trump than most Bitcoiners have in the last couple of
• 6:14
  years. I, you know, I'm OK with the
• 6:16
  Bitcoin push. A lot of the other stuff I'm not
• 6:20
  so OK with. Anyways, going further, this is
• 6:23
  where I think the playbook starts to make sense, which is
• 6:27
  why you need to own assets again.
• 6:29
  Here's Kobayashi, which is the founder of Kobayashi Letter and
• 6:32
  he goes President Trump on the US dollar after it posted his
• 6:35
  worst year since 2017. It's doing great. the US dollar
• 6:38
  is doing exactly what Trump wants it to do, which is what
• 6:41
  I've been saying. It's pricing in lower interest
• 6:44
  rates and helping boost exports. We're going to be the only
• 6:48
  winners here. You need to own assets like This
• 6:51
  is why the S&P 500's going up. This is why real estate, you
• 6:54
  know, even though it you could say it's it's in a a tough
• 6:57
  position. This is why it seems like prices
• 7:00
  are going up on hopes. This is why gold and silver are
• 7:03
  going up. Yes, bitcoins been in a coma for
• 7:05
  the last year or so, but Bitcoin is an asset.
• 7:08
  It is a commodity, it is digital gold, etcetera.
• 7:10
  So bitcoins time will come anyways.
• 7:13
  This is where you really start to see that maybe this is a part
• 7:19
  of a bigger kind of plan. And even though that Donald
• 7:23
  Trump is the president of the United States, so he has to go
• 7:26
  out there and say I want a strong dollar, in reality, it
• 7:30
  seems like they're doing the opposite, which is essentially
• 7:33
  what Simon Dixon has been saying.
• 7:35
  If you go back to what we did yesterday on the interview,
• 7:38
  Simon Dixon laid out the plan very clearly.
• 7:41
  Anyways, here is, I would argue probably a more, you know,
• 7:47
  different bent and goes, someone please tell this clown that a
• 7:50
  weaker dollar is, oh, he's quoting tweet this 'cause this
• 7:53
  is probably the the prevailing sentiment from, from corporate
• 7:58
  press. the US dollar lost over 10% of his value under Scott
• 8:00
  Besson. Yet this clown claims to be
• 8:02
  America first. So here we go.
• 8:06
  Someone please tell this clown that a weaker dollar is the
• 8:09
  entire point. Besson did this on purpose.
• 8:11
  And yet liberals and finance influencers continue to talk
• 8:14
  about this like it's some sort of economic disaster because
• 8:16
  framing it that way is politically convenient and
• 8:19
  drives clicks. Go read Stephen Marin's paper
• 8:21
  from November 2024 about restructuring the global trading
• 8:25
  system. He explicitly argues that USD
• 8:28
  industrialization is a direct consequence of the dollar status
• 8:32
  as the global reserve currency, which forces constant and
• 8:36
  evergrown going trade deficits and an overvalued dollar.
• 8:39
  Everything Besin is trying to do is outline in that paper.
• 8:42
  Every time liberals complain about a weaker dollar, what
• 8:45
  they're essentially saying is that 0 industrial capacity and
• 8:48
  infinite debt are perfectly normal things that we must
• 8:51
  continue into perpetuity. And here we go.
• 8:54
  Here's an executive summary and you could see the highlight
• 8:58
  part, which perfectly sums up why Donald Trump, I think it's
• 9:01
  saying that the dollar is doing great.
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  Quote. The root of the economic
• 9:06
  imbalances lie in persistent dollar overvaluation that
• 9:10
  prevents the balancing of international trade.
• 9:12
  And this overvaluation is driven by inelastic demand for reserve
• 9:15
  assets. Again, what has all this tariff
• 9:19
  stuff been or at least allegedly been about?
• 9:22
  It's about onshoring industrialization into the US
• 9:26
  Now what? You could argue the economics of
• 9:28
  this. You could argue and say, oh,
• 9:30
  this is really just a tax on the consumer.
• 9:33
  This isn't going to actually do anything.
• 9:35
  You know, this is a short, short sighted plan for a long term
• 9:38
  plan that probably is never going to happen.
• 9:40
  But again, they're telling you exactly what they want to do,
• 9:44
  which from my view is like, guys, just listen to what
• 9:47
  they've been saying and you're going to get the signal here,
• 9:51
  which is you need to own assets. And in my opinion, you need to
• 9:54
  own Bitcoin. As we've been talking about, the
• 9:58
  dollar has been weaponized. The only way to escape what we
• 10:04
  are potentially entering in, whether it's a digital
• 10:08
  panopticon or a future where your purchasing power is
• 10:12
  completely wrecked and you can't ever make it out of the Matrix,
• 10:16
  they're telling you what they're going to do.
• 10:18
  In my opinion, it's very clear as day what they want to do.
• 10:22
  They're saying it constantly. They're saying it in different
• 10:25
  ways, and you just kind of have to listen to what they're
• 10:28
  saying. It's pretty obvious.
• 10:30
  Anyways, Kobayashi later essentially lays the playbook,
• 10:33
  lays the framework, lays the blueprint out very clearly in
• 10:37
  this tweet. A weaker U.S. dollar helps Dr.
• 10:39
  looser financial conditions, AKA more rate cuts, a higher nominal
• 10:44
  GDP growth, higher asset prices, higher US exports, and a lower
• 10:48
  trade deficit, and easier debt servicing for the US government.
• 10:52
  This is why Trump said the dollar is doing great.
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  So if you're looking at this on the surface, you're like, bro,
• 10:58
  this clown doesn't know what's going on.
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  He doesn't understand the economy.
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  If you read between the lines, it seems like they're doing
• 11:06
  exactly what they want to do. Now, you can say I'm a
• 11:09
  conspiracy theorist. You can say, hey, man, you're a
• 11:12
  Trumper and you think he's going to be our savior.
• 11:15
  I'm saying the opposite. All I'm saying is this is most
• 11:19
  likely what's going to happen. They're going to destroy the
• 11:23
  purchasing power of the dollar because it makes them, it makes
• 11:26
  it easier for them to do everything they want to do,
• 11:29
  which is, you know, onshore industry cut rates, which has
• 11:33
  been perfectly defined as the MAR a Lago Accords.
• 11:38
  Mark Moss has been saying this. A lot of other Bitcoiners have
• 11:41
  been saying this. Even people outside of Bitcoin
• 11:43
  have been saying this. It's a pretty simple plan of
• 11:46
  what they want to do. They want to destroy the
• 11:49
  purchasing power of the dollar. They want to cut interest rates
• 11:52
  because they're trying to onshore industry, they're trying
• 11:55
  to make it easier to essentially repay their debt.
• 11:57
  Again, the big print, nothing stops this train.
• 12:00
  We're heading into the midterms. Everyone feels kind of poor
• 12:03
  right now. The economy, depending on what
• 12:06
  you're looking at, isn't running so hot.
• 12:08
  So the only way they can really get themselves out of this
• 12:10
  position is they have to print a shit ton of money.
• 12:13
  They have to add more liquidity into the system.
• 12:16
  So if you're reading all of this stuff, if you're, if they're
• 12:19
  essentially laying out the plan for you as clear as day, you
• 12:24
  pretty much have two choices here.
• 12:26
  You can either complain on Twitter, go out there and be
• 12:30
  like, voting doesn't work. You know, we, we got to put some
• 12:33
  pressure on Trump. He doesn't know what he's doing.
• 12:35
  He's blowing up the economy. Or you just position yourself
• 12:39
  accordingly, which is you need to own assets.
• 12:42
  And if you're looking at the stock market, it's continuing to
• 12:45
  go up. You're looking at dollar
• 12:46
  strength, it's going down, you're looking at gold and
• 12:50
  silver. Maybe you're like, man, I should
• 12:51
  have bought it. Maybe I want to buy the top.
• 12:54
  I wouldn't do that. I would just, you know, continue
• 12:57
  to accumulate Bitcoin. This is the play.
• 12:58
  This is the move. Now going further, here is Ray
• 13:02
  Dalio and even he is saying exactly what's going on.
• 13:08
  But on the flip side of the coin, and the thing about Ray
• 13:11
  Dalio, you know, he's been in the game for a long time.
• 13:16
  The only problem from my perspective with Ray Dalio is
• 13:19
  that he does seem to be, how do I put this, like a China maxi?
• 13:25
  He is looking at the, you know, destruction of the dollar as the
• 13:30
  royal reserve currency. And maybe it's because of his
• 13:32
  age, and I'm not trying to be an Aegis here, but he's looking at
• 13:35
  what China's doing and he's very consistent and very adamant
• 13:39
  about the idea that the Yuan's going to be the next reserve
• 13:42
  currency from a younger perspective, from someone half
• 13:46
  his age. I think he's missing the Bitcoin
• 13:49
  kind of game here. And yes, he's been slowly but
• 13:53
  surely a little more positive about Bitcoin, but he still
• 13:57
  doesn't believe that Bitcoin has the potential to fit that world
• 14:01
  reserve currency role. But anyways, here's Ray Dalio's
• 14:05
  take on this, and I really want you to focus on the very end of
• 14:09
  this clip. It's a short clip, but this is
• 14:11
  the game. So I'm giving you both, both
• 14:13
  perspectives and they're saying the same thing.
• 14:16
  So if you don't like Trump, maybe you're not that familiar
• 14:19
  with Ray Dali. Maybe you think I'm an idiot.
• 14:21
  Maybe you're like, I'm not going to listen to this guy with 42 IQ
• 14:23
  on YouTube, but I'm just listening to what they're
• 14:26
  saying. And the game is so clear.
• 14:29
  It's so clear to me. Maybe it's because I've been in
• 14:32
  Bitcoin for so long. Maybe it's because I have these
• 14:34
  fresh eyes looking at macro and geopolitics right now that this
• 14:38
  just makes sense to me. If they tell you they're going
• 14:40
  to do it, the real question is are they capable of actually
• 14:45
  doing it? Not whether it's good or bad.
• 14:47
  I think that's the wrong question to be asking.
• 14:49
  It's can they actually do this? Well, if you're looking at what
• 14:53
  they're doing, seems like they're doing it.
• 14:55
  So here's Ray Dalio's take on this.
• 14:58
  So for example, last year, American stock market, American
• 15:02
  markets significantly underperform foreign markets and
• 15:07
  people don't quite realize that. And the best asset class in the
• 15:10
  sense was gold because, but think of that as being the
• 15:14
  money. So in answer to your question,
• 15:17
  OK, I've, I've learned that was a lesson.
• 15:20
  I learned that if there's a depreciation in the value of
• 15:24
  money, it makes everything look like it's going up.
• 15:29
  Did he not just give the game out at the very end?
• 15:34
  If you're looking at currency depreciation, it looks like all
• 15:39
  assets are going up. Is that not what's playing out
• 15:43
  right now? I think it's very clear.
• 15:46
  Look, I'm going to pull up the the Dixie again, or sorry, not
• 15:50
  the Dixie. I'm going to pull up the S&P 500
• 15:53
  and you can look at this and say a couple of things.
• 15:57
  Look, here's the S&P 500, which as we all know, there's, there's
• 16:03
  probably, you know, generally speaking, 2 main assets that
• 16:06
  most people hold or most older generations hold real estate,
• 16:11
  the S&P 500. Now obviously there's other
• 16:13
  stocks out there, there's other equities like, you know,
• 16:16
  everyone doesn't just hold the S&P 500, but looking at the S&P
• 16:21
  500, it's almost like a pulse on how strong America is.
• 16:26
  Now of course that's a crude kind of simplification of the
• 16:31
  economy is just like OK, it's S&P 500's going up, but that's
• 16:35
  kind of the layman view of this. So S&P 500, here we go, the 12
• 16:39
  month, you know chart here each candle's a year you can see the
• 16:45
  S&P 500's up 7% or 17%. Now again, go back to the Dixie,
• 16:52
  the Dixie is down about -11%. Now historically the S&P 500
• 17:01
  goes up about 9% a year, but the number is interesting when you
• 17:06
  think about it and inflate inflation adjusted returns, real
• 17:09
  returns as they like to call it, and that's about 6 or 7%.
• 17:14
  Guys like call me an idiot, call me reaching, call me connecting
• 17:18
  certain dots, but the S&P 500's up about 17%, dollar strength is
• 17:25
  down about -11 negative 12%. That 5 to 6% difference is that
• 17:32
  the real adjusted inflation of, you know, the growth of the
• 17:36
  economy, is this not all aligning perfectly?
• 17:39
  I might be connecting certain dots here, but to me with a
• 17:43
  very, you know, left side of the bell curve take of this, it
• 17:48
  seems like it's doing exactly what they want it to do,
• 17:51
  depreciating the currency. And at the same time that you
• 17:54
  depreciate the currency, all these assets continue to go up.
• 17:58
  That doesn't necessarily mean you're making more money, but
• 18:01
  what's interesting is most people don't understand this
• 18:04
  very simple view here, which most Bitcoiners do.
• 18:09
  And this is where we bring in the Bitcoin take here.
• 18:12
  And I saw this really good tweet here from Nick Zabo, which
• 18:17
  started with this guy basically saying that Nick Zabo called the
• 18:21
  top perfectly in October 17th of last year.
• 18:25
  And he goes, which is something I've been saying the last couple
• 18:28
  of weeks, which I know you guys don't like, but Nico was kind of
• 18:31
  right about us being in a bear market priced in gold.
• 18:35
  And he goes, the psycho top happened around New Year's Day.
• 18:38
  But in dollar terms, New Year's Day again, 2025, which is
• 18:41
  essentially, you know, when Trump got into office, though it
• 18:45
  was January 20th is when he really got into office.
• 18:48
  But the euphoria did happen when Trump got elected and the start
• 18:52
  of the new year is when we essentially got the top end.
• 18:55
  So Sabo again, cycle top happened around New Year's Day.
• 18:58
  But in dollar terms, the bear has mostly been masked by the
• 19:01
  debasement trade, which now a year later, we've seen gold and
• 19:06
  silver run. And as we've been talking about,
• 19:08
  the debasement trade is happening in real time.
• 19:10
  Anyways, if you price Bitcoin in gold, you'll see the top, which
• 19:15
  I I showed you guys on the chart the other day.
• 19:17
  I'll pull it up for you guys. So you guys know that I'm not
• 19:20
  just making things up here. Here is again, I guess maybe I
• 19:24
  should, you know, not show you all my my, my TA stuff here
• 19:31
  again, here is December 24th, essentially, you know, start of
• 19:35
  the new year, top of Bitcoin price and gold.
• 19:39
  Look at the gold chart or Bitcoin price and gold chart
• 19:42
  clearly looks like a bear market.
• 19:44
  It's it's pretty clear what's going on here.
• 19:47
  OK, so oh, wait, I didn't show you guys.
• 19:51
  All right, here we go. There it is.
• 19:55
  Bitcoin price in gold is in a bear market.
• 20:00
  Argue with the chart all you want.
• 20:02
  OK, Now going back to what Zabo said, which I think very clearly
• 20:07
  defines what's going on right now, where we are in the
• 20:10
  debasement trade and further how early we are.
• 20:13
  So Mason Ford, quote, tweets this and goes, this was a
• 20:16
  particularly astute observation just seven days after 10/10,
• 20:20
  which was a huge liquidation event.
• 20:22
  And then someone comes in and asks a question.
• 20:25
  And this question is low key kind of hilarious.
• 20:27
  OK Baluki, go Zabo. If gold and Bitcoin are going in
• 20:32
  opposite directions due to this debasement trade, what gives
• 20:35
  Bitcoin its value if it doesn't work as a hedge against currency
• 20:38
  debasement anyways? I thought the entire point of
• 20:40
  Bitcoin was that it cannot be debased?
• 20:42
  Zabo responds. Bitcoin is riding a learning
• 20:45
  curve like a NASDAQ stock. There are still plenty of people
• 20:48
  like you who haven't learned why Bitcoin in the long term works
• 20:51
  as a hedge against the basement. So there is still plenty of
• 20:54
  upside. Baluki responds.
• 20:57
  And this is where it's kind of funny to me.
• 20:59
  And he goes, I can't wrap my head around why Bitcoin works as
• 21:02
  a hedge against the basement long term if when massive
• 21:05
  debasement happens short term gold goes up and Bitcoin goes
• 21:08
  down. Any help, man, bless his soul,
• 21:12
  bless his soul. And then he kind of gets dunked
• 21:14
  on. He goes.
• 21:15
  You can't wrap your head around why Bitcoin works as a hedge
• 21:17
  against the basement long term, because it hasn't worked short
• 21:19
  term and the long term Bitcoin has most certainly worked as a
• 21:22
  hedge against the basement. Oh God, you got to love Twitter.
• 21:26
  You can't delete Twitter. Anyways, Nick Zabo comes in and
• 21:28
  I think this is the crux of what we're what we're seeing right
• 21:31
  now. A lot of people are asking,
• 21:33
  look, why is gold running? Why is silver running?
• 21:37
  And as I've been saying, I think it's just because people are
• 21:39
  most familiar with those trades. Gold's been around for a long
• 21:43
  time. Gold has acted as a debasement
• 21:45
  hedge for a very long time. When there's uncertainty in Fiat
• 21:49
  currencies, you go into gold. Or further, when there is
• 21:54
  uncertainty in the economy, you go into the hardest asset, which
• 21:59
  historically has been gold. Anyways, Zaba responds, and he
• 22:02
  goes. It's hard to tell that Bitcoin
• 22:04
  protects against the basement from just its price, since most
• 22:07
  of the price rise since the pizza purchase has been due to
• 22:10
  the learning curve not to debasement.
• 22:13
  Fiat has fallen, but not by nearly as much as Bitcoin has
• 22:16
  risen. To understand why Bitcoin has
• 22:18
  and very likely will protect in the long term against the
• 22:21
  placement better than gold has and will requires deep
• 22:25
  understanding of the underlying respective technologies that are
• 22:28
  gold and Bitcoin, especially in terms of their respective
• 22:31
  extents and qualities of trust minimization.
• 22:34
  And it requires knowing why trust minimization is valuable.
• 22:38
  These kinds of understandings are still uncommon.
• 22:43
  The short of it is basically I, I hate to say it, but you know,
• 22:50
  most people just don't understand Bitcoin.
• 22:51
  They don't understand what what we're doing here is Bitcoins.
• 22:55
  They're probably, as I was joking this morning, you know,
• 22:58
  they probably haven't done their 40 per hours per week on Bitcoin
• 23:01
  of why it's the superior money, why it is the superior to
• 23:04
  basement trade or the basement hedge.
• 23:06
  And yes, in the short term, maybe Bitcoin doesn't act as
• 23:11
  the, you know, the superior hedge in the short term.
• 23:15
  It definitely does in the long term.
• 23:19
  And that's where I think we are right now.
• 23:22
  Yes, Bitcoin has been in a coma. You know, Bitcoin has gone
• 23:26
  sideways for over a year. It's been about what, like a
• 23:29
  year and a half in dollar terms. We've been joking about the fact
• 23:33
  that Bitcoin is a stable coin. We've been joking about the fact
• 23:36
  that his number go up, ever coming back, all of these things
• 23:40
  we've been talking about. And yet when we see gold and
• 23:44
  silver run, it's very interesting that a lot of
• 23:46
  Bitcoiners looking at that run and being like, oh, man, I
• 23:50
  should have bought gold. I should have bought silver.
• 23:52
  Even I was joking about I'm like, man, I should have bought,
• 23:54
  you know, strategy. I should have bought gold.
• 23:55
  I should have bought silver. Why am I in Bitcoin?
• 23:58
  Obviously I'm trolling, I'm complaining.
• 24:01
  I, you know, I get AI, get my dopamine rushes from complaining
• 24:05
  and yet doing the opposite of what I'm complaining about.
• 24:07
  But anyways, it goes into what we've been talking about, or
• 24:11
  rather what Bitcoin has been talking about for a long time.
• 24:13
  We are still very early in this, the asymmetric knowledge of what
• 24:17
  Bitcoin is, what it will do. I think it's still not evenly
• 24:20
  distributed through the culture yet.
• 24:23
  People are more comfortable with gold and silver.
• 24:26
  People are more comfortable with those trades than they are with
• 24:28
  Bitcoin. Remember, Bitcoin is still
• 24:30
  looked at as a risk on trade, whereas to us it's the risk off
• 24:36
  trade. It's the finish line, it's the
• 24:38
  end goal. Maybe we're extremists.
• 24:42
  Maybe we are the ones that had nothing to lose and therefore we
• 24:45
  just went all the way to the end.
• 24:46
  And now we understand in hindsight why Bitcoin is that
• 24:50
  move. But most people aren't there
• 24:52
  yet. So anyways, to put a bow tie on
• 24:56
  this, yes, you can look at what Donald Trump said yesterday and
• 25:02
  claim that he's an idiot. He doesn't know what he's
• 25:04
  saying. I know a lot of people are going
• 25:07
  to say that. I would push you to think in a
• 25:14
  little deeper than the emotional knee jerk reaction when you
• 25:18
  listen to what people in the administration have been saying.
• 25:23
  It is, I hate to say it all in court, going according to the
• 25:27
  plan that they've set out. And I'm not a trust the plan
• 25:30
  guy. I'm not a Trump is my savior
• 25:32
  guy. I'm just saying listen to what
• 25:35
  they're saying and then see if their actions are, you know,
• 25:41
  aligned with their official mandate or with the perception
• 25:46
  and the narratives of their mandate.
• 25:49
  Again, as the president of the United States.
• 25:53
  The kind of implied narrative is we want a strong dollar from the
• 25:58
  beef we've seen with Powell, with Trump, with the tariffs.
• 26:02
  The implied narrative is they want lower interest rates.
• 26:07
  They want lower purchasing power so that they can onshore, you
• 26:11
  know, industry on the US so that we can boost US exports so that
• 26:17
  we can basically be able to pay back our debt easier.
• 26:21
  If your purchasing power goes down, you can print more money
• 26:24
  and the, you know, dollar amount stays the same.
• 26:26
  All I'm saying is it is playing out like the Mar a Lago cords
• 26:33
  essentially laid out, which for a while there may have been
• 26:37
  conspiracy theory. It could have been, you know,
• 26:39
  speculation of what they're doing, but after hearing a lot
• 26:44
  of the conversations that I've laid out on the show for you,
• 26:48
  it's hard for me to for you guys to see this and be like, that's
• 26:51
  not what's happening. Anyways, with all that being
• 26:55
  said, the solutions are very simple.
• 26:57
  You need to own assets. If you don't own assets right
• 27:01
  now, you're really going to get left behind.
• 27:04
  And this is where like my, I literally plea and I think about
• 27:07
  this constantly. I'm like, how many different
• 27:09
  ways can I tell people to buy Bitcoin when they're very
• 27:13
  clearly telling you they're going to destroy your purchasing
• 27:15
  power? I get it.
• 27:16
  Most people are living paycheck to paycheck.
• 27:19
  They don't have excess funds. But you really have to figure
• 27:24
  out a way to own assets, whether that means trying to make more
• 27:28
  money, cutting back on your expenses.
• 27:32
  The the game plan's very simple. They're going to pump assets.
• 27:37
  You need to own assets. I don't care if you're buying
• 27:41
  the S&P 500, which I wouldn't do.
• 27:43
  I don't care if you're buying gold.
• 27:46
  I don't really don't care if it's Bitcoin at this point.
• 27:49
  To protect yourself, you need to have assets.
• 27:52
  Now, obviously, I think you guys should be buying Bitcoin.
• 27:54
  I think Bitcoin is the most accessible thing for everyone to
• 27:57
  buy. But at this point I'm just like,
• 28:00
  I, I just want people to understand what I think is going
• 28:04
  on and I'm not the smartest guy here.
• 28:08
  That's like beating my chest and saying, oh, look how smart I am.
• 28:12
  I figured it out. No, I'm just saying this seems
• 28:15
  to be what's happening. Take it with a grain of salt.
• 28:19
  I may be wrong, I could be right.
• 28:24
  It doesn't matter at this point. You just need to own assets.
• 28:27
  They're going to pump assets through the roof.
• 28:29
  Trump said it multiple times. He's basically, you know,
• 28:34
  benchmarking his presidency off whether the economy does well,
• 28:38
  whether S&P 500 does well and whether Bitcoin slash crypto
• 28:42
  does well. These are things he said.
• 28:45
  Again, can listen to what he says and call him an idiot or
• 28:51
  you just position yourself correctly.
• 28:53
  You need to buy Bitcoin. You need to accumulate Bitcoin
• 28:56
  continuously. I think that's the only way that
• 28:59
  you can literally escape the matrix as the you know what's
• 29:04
  that I can't even speak today the gyms got me wrecked anyways,
• 29:09
  you already know the you already know the deal.
• 29:10
  All right, guys. So going further for the rest of
• 29:13
  the show, I think I think the, the big content creators are
• 29:19
  finally getting the call to push Bitcoin.
• 29:21
  We got Peter Schiff on Tucker Carlson yesterday.
• 29:24
  I am going to play a big clip here, but it's, it's a little
• 29:28
  longer than usual, but I I think it's going to be a good
• 29:30
  conversation. And then later we got some
• 29:33
  interesting kind of updates coming out of Sailor.
• 29:35
  There was a back and forth and finally Sailor answered one of
• 29:38
  the big questions that everyone's been talking about.
• 29:41
  And then to wrap up the show, I'm just going to show you guys
• 29:44
  Bitcoin's still been winning if you zoom out a little bit.
• 29:47
  So that's today's layout of the show.
• 29:50
  It there is a theme here, you need to buy Bitcoin.
• 29:54
  The game plan is pretty clear. They're going to print.
• 29:59
  They're going to run the economy hot.
• 30:02
  You got to protect yourself and own assets.
• 30:04
  All right, guys, first ad break. I'll be right back.
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  se-ed.com store. All right guys, hold on.
• 32:21
  I hope you don't hear these these rumble ads.
• 32:23
  I I was making sure that the rumble was working and I can't I
• 32:27
  can't mute these yet hold on give me one second give me one
• 32:30
  second here we go OK, we are working we are working.
• 32:33
  I hope you guys didn't hear that all right.
• 32:35
  The current Bitcoin price is 89,840 and one little kind of
• 32:42
  bullish take away. I was looking at the chart this
• 32:43
  morning because I saw everyone saying that we got back to 90K
• 32:48
  and my remember, I've been telling you guys that the two
• 32:52
  year uptrend basically since the ETF was launched it, it did get
• 32:56
  nuke last month. But this month we are, you know,
• 32:59
  inching back towards that trend line.
• 33:03
  And I'm I'm not bullish because my trend line is kind of coming
• 33:08
  back to life. You know, who knows what happens
• 33:10
  next month, but if we get some bullish action next month and we
• 33:12
  reclaim the trend line, then my thesis is 100% completely, I
• 33:17
  would say validated again. You know, let me, let me, let me
• 33:22
  move the goal posts one more time.
• 33:24
  But I was I was looking at it and it did look like, you know,
• 33:27
  lower highs on the monthly. Yes, we got down to 80 but still
• 33:33
  IF80K holds up that's still a lower high from the last time we
• 33:36
  had a dip. It made me feel a little
• 33:38
  bullish. Anyways the discount from all
• 33:40
  time highs 28.8% the market cap inching back towards 2 trillion
• 33:44
  were at 1.8 and the block height TikTok next block is 934111I
• 33:50
  repeat 934111. OK, guys, so Peter Schiff was on
• 33:56
  Tucker Carlson yesterday. Now, whether you like Tucker
• 33:59
  Carlson or not, I'm a, I'm a, I'm a bit skeptical of Tucker to
• 34:04
  say the least. But with that being said, he is
• 34:07
  probably one of the biggest podcasters or independent
• 34:10
  content creators right now. And my first view, or rather my
• 34:14
  first maybe cynical thought on this is, hey, Tucker got the
• 34:18
  call to talk about talk positively about Bitcoin.
• 34:21
  Now he did bring Peter Schiff on, obviously because gold's
• 34:24
  been running. Peter Schiff is a classic gold
• 34:27
  bug. Yes, Peter Schiff is a Bitcoin
• 34:29
  heel. He has to talk smack about
• 34:32
  Bitcoin. His excuse me, his business
• 34:35
  model runs on the idea that, hey, gold is superior to
• 34:38
  Bitcoin. So I'm not surprised that part
• 34:41
  of the Tucker Carlson, Peter Schiff interview, Bitcoin got
• 34:44
  brought up, but I do want to kind of comment on the tone of
• 34:51
  Tucker Carlson around Bitcoin, which I think is a little
• 34:53
  different than what we've seen in the past.
• 34:55
  Again, this clip is a little longer than usual, but there's a
• 34:59
  lot to digest here. And also, guys, I didn't clip
• 35:02
  this myself and there is kind of like some background noise to
• 35:04
  it, but you'll still be able to, you know, get the gist of this.
• 35:07
  So this this is a longer clip, but I I think it's worth it.
• 35:12
  What they're looking for in crypto is validation.
• 35:15
  They want the regulation to validate product in the industry
• 35:19
  so they can get people to buy it by saying the government has
• 35:22
  blessed it. So the government now endorses
• 35:24
  it, the government is supporting it.
• 35:25
  And the reason that so many politicians, including Trump,
• 35:29
  the reason that they support Bitcoin is because Bitcoin
• 35:32
  supported them, right? People that got into Bitcoin
• 35:35
  early, they made so much money because so many other people got
• 35:39
  in late that they were able to pay off a bunch of politicians
• 35:43
  and get them to support Bitcoin. They supported this whole idea
• 35:47
  of the Bitcoin strategic reserve, which is really just a
• 35:50
  Bitcoin bailout fund trying to use taxpayer money to buy out
• 35:54
  Bitcoin. But the, the, the Bitcoin
• 35:57
  industry was able to pay off a lot of politicians.
• 35:59
  And because that's though, I mean, a lot of what you're
• 36:02
  saying is obviously true, but I also think you've described the
• 36:06
  decline of the US dollar. It's diminishing purchasing
• 36:09
  power. So clearly there needs to be a
• 36:12
  new global reserve currency. You don't want it to be 1 owned
• 36:16
  by a geopolitical rifle. So why wouldn't tether?
• 36:20
  Why wouldn't Bitcoin be the new global reserve currency?
• 36:24
  Well, first of all, gold is money.
• 36:27
  It's not currency. And so there's a difference
• 36:29
  between money and currency. So currency is backed by money.
• 36:35
  So when we were on a gold standard and we had paper that
• 36:38
  was redeemable in gold, the paper was currency, the gold was
• 36:42
  money. So currency is like a money
• 36:43
  substitute. But you can have two kinds of
• 36:46
  currency. You can have legitimate currency
• 36:47
  which is backed by real money, or you can have Fiat currency,
• 36:50
  which is backed by nothing. And So what we have now is Fiat
• 36:53
  currency. And the question is what could
• 36:55
  replace that with Bitcoin? And I don't think that that's
• 37:00
  possible because I don't think that Bitcoin has any value
• 37:04
  beyond its appeal that, you know, you know, a greater fool
• 37:08
  is going to come and buy it. Central banks can't hold Bitcoin
• 37:12
  as a reserve against their own currency.
• 37:16
  If they had to sell it, I mean, the price would drop sharply.
• 37:20
  You know, you have to have real money.
• 37:22
  That's why all these central banks.
• 37:24
  But under our current system, you don't have real money.
• 37:26
  You have the US dollar, which is real because people have decided
• 37:30
  it's real. It's.
• 37:31
  Yeah. It's an act of faith.
• 37:33
  And their faith in that is declining because it's been used
• 37:35
  as a political weapon, as you. I thought so crisply explained.
• 37:40
  And so you need to replace it with something.
• 37:42
  Why wouldn't why would Bitcoin be any different from the US
• 37:45
  dollar except you like start anew?
• 37:47
  Well, the the main difference there is, you know, they're both
• 37:50
  in a way Fiat, right? In that, both Bitcoin and the
• 37:54
  dollar derive their value from faith and confidence, right?
• 37:58
  But Bitcoin? People are buying, most people
• 38:01
  who are buying Bitcoin are buying Bitcoin to get more
• 38:03
  dollars. They, they're thinking the price
• 38:05
  is going to go way up and they'll be able to sell out and
• 38:07
  have more dollars than they started with.
• 38:09
  Most people are not getting into Bitcoin because they just want
• 38:12
  to save store value. If that was the case, they, they
• 38:15
  would buy gold. They're speculating in it.
• 38:19
  But the central banks, right, these big central banks are not
• 38:23
  going to be able to put large quantities of their dollar
• 38:28
  reserves into Bitcoin. It there's just, it's not a
• 38:32
  reliable long term store value for them.
• 38:35
  That's what they're looking for. They're looking for something to
• 38:37
  replace the dollar to back up their currency.
• 38:40
  And are they buying Bitcoin? No, they're not buying.
• 38:44
  I mean, you have me, El Salvador bought some Bitcoin.
• 38:46
  I mean, you have you have some foreign governments that have
• 38:49
  sovereign wealth funds, yes, where those sovereign wealth
• 38:51
  funds have kind of bought some Bitcoin ETFs or maybe they
• 38:55
  bought strategy, you know, which was a big mistake.
• 38:58
  But because they're, you know, these investment managers are
• 39:01
  under a lot of pressure just like any other manager to
• 39:04
  perform. And and so a lot of these crypto
• 39:07
  related assets went up. And so there was some pressure,
• 39:10
  Hey, I need to put these in the portfolio.
• 39:13
  And so you have allocations and, and then the crypto community
• 39:17
  tries to pretend, oh, these governments are buying up
• 39:19
  Bitcoin. They're not really buying
• 39:21
  Bitcoin. The managers of these sovereign
• 39:23
  wealth funds have have taken a small allocation.
• 39:26
  I think that's all going to stop because this is going to blow
• 39:28
  up. You know, the people who are
• 39:29
  putting money into crypto now and the Bitcoin are going to
• 39:32
  lose a lot of money where they're, they're the exit
• 39:34
  strategy. I mean, that's why Bitcoin
• 39:37
  hasn't gone up. You know, Bitcoin's real.
• 39:39
  The high watermark was four years ago.
• 39:41
  It's down about 40% priced in gold over the last four years.
• 39:44
  So we've been distributing Bitcoin from the strong hands
• 39:49
  that bought it early, the OGS, the whales, to the retail public
• 39:53
  has been buying it at these inflated prices for years.
• 39:58
  And eventually you know the bottoms going to drop out of.
• 40:01
  OK, all right. I mean, first of all, obviously
• 40:07
  you can tell that Peter Schiff is biased and most Bitcoiners
• 40:11
  don't even listen to Peter Schiff.
• 40:12
  Now, I, I don't really need to go too far into Peter Schiff,
• 40:15
  but I will bring up a good tweet to kind of counter what Peter
• 40:18
  Schiff has been saying. And yes, he's been right.
• 40:20
  I hate to say it. Last year he was right.
• 40:23
  All right, Like I'll give him his flowers.
• 40:26
  Yes, gold had a great run. I'm not necessarily a gold
• 40:29
  hater. I'm like, look, thanks, Unk.
• 40:32
  You were right about the hard money thesis.
• 40:34
  We'll take it from here this year, OK.
• 40:37
  Hey, Unk, Hey, grandpa yelling at clouds.
• 40:41
  You're right, but you're wrong about Bitcoin.
• 40:44
  The second part of this, which I think is, is from my perspective
• 40:48
  as like a talking head, you know, a personality is someone
• 40:51
  that covers the Bitcoin news, someone that basically does the
• 40:54
  same job as Tucker Carlson. I am.
• 40:57
  I'm actually impressed by Tucker Carlson pushing back on Peter
• 41:01
  Schiff here. Now, there's probably some
• 41:04
  things that I don't necessarily agree with, but that's besides
• 41:06
  the point. My kind of take away, again,
• 41:10
  maybe it's because I'm cynical. You could say I'm black pilled,
• 41:12
  whatever you want to say. But I was just thinking,
• 41:15
  watching this, like I said earlier, I'm like, I think
• 41:18
  Tucker might have got the call. Tucker got the call.
• 41:22
  To say nice things about Bitcoin.
• 41:24
  Now the reason I'm saying that is, and actually maybe the
• 41:28
  Freudian slip of what? I don't know if you guys caught
• 41:30
  that, but he did. He did mention Tether in there
• 41:35
  could be a Freudian slip could be a miss miss speaking.
• 41:39
  But when he meant to say, you know, world reserve neutral
• 41:41
  asset like Bitcoin, he said tether.
• 41:45
  Now maybe that is where he got the call from.
• 41:49
  I don't know, You know, I I'm not trying to mind read here,
• 41:52
  but anyways, it does seem very interesting from my perspective.
• 41:57
  Again, Tucker Carlson is probably behind Joe Rogan, one
• 42:00
  of the biggest broadcasters right now, independent content
• 42:03
  creator, actually biggest talking head.
• 42:05
  It's probably Joe Rogan and Tucker Carlson bigger than all
• 42:08
  of the corporate press. And the fact he's saying things
• 42:11
  favorably towards Bitcoin. He's making a, you know, a
• 42:13
  pretty good point. And maybe he doesn't.
• 42:15
  He has historically said he doesn't understand Bitcoin.
• 42:18
  You know, he doesn't necessarily invest in Bitcoin.
• 42:22
  So it is interesting that his tune has slightly changed and
• 42:25
  maybe this is the foundation for, I wouldn't necessarily say
• 42:29
  full blown shilling of Bitcoin. But you're if you listen closely
• 42:33
  and if you listen to what he said in the past, it is a slight
• 42:37
  change of tune. He does seem a little more
• 42:39
  favorable. Now the last part I want to talk
• 42:43
  about is the whole, you know, greater full theory.
• 42:47
  I mean, if Bitcoin is a greater full theory, then I guess so is
• 42:50
  gold. Like everyone just buys gold to
• 42:53
  increase their purchasing power, store their values so that they
• 42:56
  can exchange it for something else.
• 42:59
  It it's the same thing, Peter. It's the same thing.
• 43:03
  We're doing the same thing as you are.
• 43:05
  We just have a better technology.
• 43:07
  I love gold. I love the way gold feels.
• 43:10
  I love the way gold makes me feel, but I just think in the
• 43:14
  21st century that we're in in the digital Internet world that
• 43:18
  we're in, gold will not work as money.
• 43:21
  Yes, currently people are storing their value, central
• 43:24
  banks are storing their value in in gold.
• 43:26
  But I do think that as we progress further into this more
• 43:31
  digitized world, Bitcoin will catch up to gold eventually.
• 43:36
  Do I know the timeline? No, If gold keeps running the
• 43:39
  way it's running last year, it's going to take a lot longer than
• 43:43
  we all expected. But with that same token, I
• 43:46
  think Bitcoin can catch up pretty quickly.
• 43:49
  The law of big numbers no longer supplies in the world that we
• 43:52
  live in. Bitcoin can very clearly 234510X
• 43:59
  from here. Considering that gold and silver
• 44:01
  added multiples to their market caps, and their market caps were
• 44:05
  significantly bigger than bitcoins, it's not out of the
• 44:08
  realm of possibility. Anyways, with that being said, I
• 44:12
  do want to bring up the numbers. Great tweet by Eric Balkhunis
• 44:17
  again senior ETF analyst for for Bloomberg and he goes.
• 44:21
  The dread I see from Bitcoiners and the football spiking from
• 44:25
  the haters AKA Peter Schiff is very short sighted to me given
• 44:28
  that since 2022 right before the BlackRock ETF filing, Bitcoin is
• 44:32
  up 429%, Gold is up 177%, Silver is up 350% and NASDAQ QQQ is up
• 44:40
  140%. In other words, Bitcoin spanked
• 44:43
  everything so bad in 2023 and 2024 which people seem to have
• 44:47
  forgotten that those other assets still haven't cotton up
• 44:51
  even after having the greatest year ever and Bitcoin being in a
• 44:55
  coma. In my opinion what happened was
• 44:57
  the institutionalization narrative got priced in very
• 45:01
  quickly and ahead of it all actually happening so it had to
• 45:04
  take a breather so the actual narrative could catch up to the
• 45:08
  price. Do you feel better now?
• 45:10
  You're welcome. I do like the the arrogance at
• 45:13
  the end of shout out to Eric Balkunis.
• 45:15
  I think he's been doing some good stuff and and you don't
• 45:18
  necessarily have to like Eric Balkunis, but been pretty
• 45:21
  favorable of Bitcoin and I appreciate charts like this to
• 45:23
  be like, hey, man, you know, you're right.
• 45:25
  Look, Peter Schiff's right, 2025 and I guess the start of 2026
• 45:30
  has been gold and silver. Maybe Bitcoin had to take a
• 45:34
  breather, but as Bitcoiners like to say, just zoom out, we're
• 45:40
  good. I think Bitcoin's going to catch
• 45:43
  up. I, I think this is all playing
• 45:45
  out exactly as designed. There was actually another
• 45:48
  interesting clip which I could have brought in here.
• 45:50
  It was on Bloomberg. It was some lady, I, I don't
• 45:53
  know who she is, she's head of some digital acid department.
• 45:56
  And she was talking about gold and silver a little bit and how
• 46:00
  essentially, you know, the trade's so hot, a lot of the
• 46:03
  older generations are buying into it.
• 46:05
  But what interested her the most was the younger generations are
• 46:08
  more interested in Bitcoin. And all of this just, you know,
• 46:12
  very clearly makes me think it's like, all right, cool.
• 46:16
  You know, the, the gold bugs had their day.
• 46:19
  We got a little more time here. We got a little more time in the
• 46:21
  game. And I think Bitcoin's going to
• 46:23
  catch up. I, I think, I don't know if it's
• 46:25
  this year, 2 years from now, 3-4 years from now, but Bitcoin is
• 46:31
  going to make moves that's going to surprise everyone.
• 46:36
  This is a good one down in the Blues.
• 46:38
  Peter is not wrong about gold, he just wrong about Bitcoin.
• 46:42
  Couldn't agree more. That's where we are.
• 46:46
  He's got a blind side on Bitcoin because his business is gold.
• 46:49
  Though I think this is all theater or key fob.
• 46:52
  Is it keyfab, key fob? I think it's key fob.
• 46:55
  It's a wrestling term. You know, that's all acting.
• 46:58
  It's all, it's all a show. And I think he's really a
• 47:03
  Bitcoiner. He has to be.
• 47:05
  He's a hard money advocate. It's just like he gets more
• 47:09
  engagement by hating on Bitcoin. The best engagement he gets on
• 47:13
  Twitter is by hating on Bitcoin. And Bitcoin is piling in.
• 47:16
  His business is gold, so obviously he's got an incentive
• 47:19
  to shit on Bitcoin. Like a lot of Bitcoiners.
• 47:22
  A lot of Bitcoiners hate on gold.
• 47:24
  And I was like that for a while but I like gold It might be it
• 47:29
  might be in my DNA. You know it's in my DNA to love
• 47:32
  some gold guys. I don't know what it is I hold
• 47:34
  some gold. It just makes me feel good but
• 47:39
  holding Bitcoin and cold storage makes me feel even better.
• 47:43
  Well, that was cringe that was good anyways anyways, let's
• 47:47
  let's get updated with sailor. Sailor made an interesting tweet
• 47:52
  that it is kind of a trust me bro moment, but if I remember
• 47:57
  correctly I think this is the first time he's responded to
• 48:01
  these allegations. So shouts out to Sailor.
• 48:03
  We'll be right back. I want to give a shout out to
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• 50:37
  Oh, sorry guys, the chat chat, you guys just happened.
• 50:41
  OK, Anyways, one of the biggest things we've seen since this
• 50:50
  last summer, as it was coined Paper Bitcoin Summer, it's this
• 50:54
  idea of whether the ETFs and the Bitcoin treasuries are actually
• 50:58
  buying Bitcoin because it makes no sense with the amount of
• 51:01
  Bitcoin that they're supposedly buying, why the Bitcoin price
• 51:04
  isn't going up. And there's been a lot of talk
• 51:07
  about Saylor needing to prove his reserves.
• 51:12
  There's been a lot of contention, a lot of doubt, a
• 51:14
  lot of speculation that Michael Saylor or rather strategies
• 51:19
  actually buying that 700,000 plus coins.
• 51:22
  And excuse me, hold on and further whether BlackRock is
• 51:27
  actually buying all that coin, they have hold about 1,000,000
• 51:30
  coins now whether the ETFs, whether Wall Street's actually
• 51:34
  buying that Bitcoin, how much paper Bitcoin is in the system
• 51:38
  are there is there re hypothecation concerned is are
• 51:41
  there more than 21 million Bitcoin being traded currently
• 51:45
  or rather let me let me get the official number 'cause we we
• 51:49
  haven't got the 21 million. So is there more than 19.98
• 51:55
  million Bitcoin being traded right now via paper contracts?
• 52:01
  These are all concerns we've been kind of grappling with for
• 52:05
  the last 6-7 years at this point, right?
• 52:09
  Well, we did get kind of some confirmation from Sailor.
• 52:16
  It is sort of a trust me, bro moment.
• 52:21
  So you know what, we'll take it with a grain of salt, but I
• 52:24
  think this is the first time that he's actually acknowledged
• 52:27
  this. I know you've said this in the
• 52:29
  past, but I think for him to go out on Twitter and acknowledge
• 52:34
  it, it's very interesting considering some of the things
• 52:38
  we've heard Sailor say in the last couple of weeks.
• 52:41
  It seems like he you know, specifically the the Danny knows
• 52:45
  what Bitcoin did podcast and Sailor.
• 52:47
  It seems like he is getting fed up with some of the pushback
• 52:51
  right now and he's just taking up prisoners.
• 52:54
  Anyways. What am I talking about?
• 52:56
  Did I say 6-7? Damn caught caught in 4K.
• 53:00
  All right, we have Jesse Myers here, of course, creases.
• 53:05
  He does great work as well. Quoting Sailor on the 26th that
• 53:10
  strategies acquired 2932 more Bitcoin for 264.1 million at
• 53:16
  roughly 90K per coin. As of now, they hold 700 and
• 53:21
  12647 Bitcoin acquired for roughly $54 billion at roughly a
• 53:28
  $76,000 Bitcoin price. Now this is one of the things
• 53:32
  we've been talking about. We've been saying that the
• 53:34
  amount of buying pressure from just the Bitcoin treasury
• 53:39
  companies is outpacing the amount of Bitcoin that's being
• 53:44
  released. Then you add the ETF, then you
• 53:47
  add retail, then you add sovereign wealth funds.
• 53:50
  Something has to break, something has to give.
• 53:56
  The selling seems to have slowed down the amount of buying
• 53:59
  pressure. At some point the coin has to
• 54:02
  rocket. You know, at some point the corn
• 54:04
  has to sprout. Anyways.
• 54:06
  Jesse Myers quote tweets and goes Strategy has acquired
• 54:08
  40,150 bitcoins so far in 2026 and only 11,000 and 700 Bitcoin
• 54:15
  has been mined so far in 2026. Eventually the Bitcoin price
• 54:19
  must go higher, much higher. Yeah, just I'm I'm not trying to
• 54:24
  shed on JSC, but just some some great a hopium here on the on
• 54:28
  the timeline. Love it.
• 54:29
  Anyways, Jameson Lott replies. Your thesis is sensible under
• 54:34
  the assumption that strategy is buying real Bitcoin.
• 54:39
  The strategy actually verify that their Bitcoin only belongs
• 54:42
  to them and isn't rehypothecated.
• 54:45
  I'm skeptical now Saylor has, you know, talked about this and
• 54:51
  a few times here he is on the timeline this morning.
• 54:55
  We buy real Bitcoin. We don't re hypothecate Now
• 54:59
  again, this is a trust me bro moment, I'll give you that.
• 55:05
  But I think the fact that he is out here saying look, I'm not
• 55:10
  he's he's been very out of me. He's like, I'm not going to do
• 55:12
  proof of reserves because of various, you know, factors that
• 55:17
  maybe I am too dumb to understand or maybe you guys are
• 55:21
  too dumb to understand. I'm putting words in his mouth.
• 55:24
  But him coming out here, I, I think we're starting to see like
• 55:30
  he, I, I, I think the, the skepticism around sailor is
• 55:35
  starting to get to him and he's not taking any prisoners.
• 55:37
  So it is a trust me bro moment, but from, you know, the head of
• 55:42
  a public company for him to say it like he can't lie about it
• 55:48
  from my opinion or from my understanding here.
• 55:50
  So he goes, we buy real Bitcoin, we don't rehybothogate Jameson
• 55:53
  Lott responds. But how do you know your
• 55:56
  custodians don't? Presumably they put your Bitcoin
• 55:58
  in segregated addresses that you can monitor.
• 56:01
  People ask for proof of reserve since they don't even know what
• 56:04
  monitoring and assurances you put in place.
• 56:07
  Multiple layers of trusted black boxes make folks nervous.
• 56:12
  I do agree with the push back. It is a trust me bro moment.
• 56:17
  But you know, you got to love Mr. Hardy.
• 56:19
  You got to love the memes. I don't believe you.
• 56:22
  Let me see if he responded since I went live.
• 56:26
  Let me see. Even if they're getting PRI
• 56:28
  proof of reserves from the custodians form a list of
• 56:30
  addresses. They come on in there.
• 56:31
  There's no guarantee some of those addresses aren't also
• 56:33
  being sent to other clients. Publishing them publicly would
• 56:35
  help ensure. Yeah.
• 56:36
  OK, so proof of reserves. Let me see.
• 56:38
  Wake up, babe. Old FUD is active again.
• 56:40
  You're new here. Never heard the mantra.
• 56:42
  Don't just verify. OK, so I don't think Sailor has
• 56:46
  responded since I've gone live. Let me see.
• 56:50
  We'll see. Is there a response here?
• 56:52
  Did we get another response? No, doesn't look like it.
• 56:59
  Doesn't look like it. So as of now, it's a.
• 57:04
  Trust me, bro. We got to take his word for it.
• 57:08
  But I think, look, I don't hold strategy, but I would venture to
• 57:20
  guess that having the CEO, the majority owner of the company to
• 57:26
  come out and say, oh dude, we hold it.
• 57:28
  We make sure that there isn't rehypothecation, It probably
• 57:32
  does make you feel better. Now, maybe that is some legacy
• 57:36
  Fiat thinking and Bitcoin obviously is proof of reserves.
• 57:41
  I don't know what the social attack vectors or business
• 57:45
  attack vectors that would entail for someone like Saylor to prove
• 57:49
  his reserves. Obviously there's been the
• 57:52
  criticism that, hey, El Salvador's done it.
• 57:54
  Hey, some of the biggest Bitcoin companies, Tether has done it.
• 57:58
  Like, why can they do it? And you don't like, what's the
• 58:01
  big deal? Obviously last year we saw the
• 58:03
  huge pushback of Mitchell Hoddle asking him this question.
• 58:07
  He did kind of snap on him. It caused all this type of
• 58:11
  drama. But if I remember correctly, and
• 58:15
  maybe you guys can Fact Check me, I think this is the first
• 58:20
  time he's actually come out on Twitter and said I, I, I think
• 58:23
  he's talked about it in interviews.
• 58:26
  But to see him come out here and talk about it, it makes you
• 58:30
  wonder, is he just kind of being, is he kind of just sick
• 58:34
  of the the speculation, the pushback, the haters?
• 58:39
  Is it the price that's getting to him?
• 58:42
  Does he look at this as like an attack on his company and he has
• 58:46
  to, you know, protect his honor? I don't know, man.
• 58:50
  But if we take his word or what he's saying on face value, then
• 58:59
  you could venture to guess that all the other Bitcoin bought by
• 59:03
  treasuries, Bitcoin ETFs and I'll and I'll go to, you know,
• 59:07
  Bitcoin treasuries.net right now.
• 59:11
  I would venture to guess that they also hold all the Bitcoin.
• 59:15
  As far as I've seen on blockchain, on chain analytics,
• 59:19
  it looks like they are holding all the all those bitcoins.
• 59:22
  Now there is a simple supply demand, you know, economics that
• 59:27
  plays out Bitcoin and there is also there is a little bit of
• 59:32
  paper Bitcoin not necessarily in re hypothecation, but in, you
• 59:36
  know, puts and options. Actually, there there was a good
• 59:39
  tweet the other day going around about why Bitcoin feels stuck
• 59:42
  around this 95 to 85 or 90 to 80 K range.
• 59:47
  And it's because of like Wall Street games.
• 59:49
  When the price pumps, you know, the hedge by essentially
• 59:54
  shorting it when it dumps the hedge by longing it, they're
• 59:57
  just kind of hedging their bets and This is why it feels stuck.
• 1:00:01
  So we did show a lot of data last year with the idea that
• 1:00:08
  there's been a mass amounts of selling from O GS.
• 1:00:11
  As you know, Peter Schiff, I I say so correctly identified.
• 1:00:18
  You know 100K was the number for a lot of Ogs.
• 1:00:20
  I've been holding it since $0.10 a dollar $100 and whether that
• 1:00:26
  was them rolling into ETFs, whether that's them just cashing
• 1:00:30
  out and securing some, some Fiat, whether it's them
• 1:00:34
  transferring into these various Wall Street products etcetera,
• 1:00:37
  etcetera, etcetera. From the exchange perspective,
• 1:00:40
  there has been a lot of selling. Now the fact that we've held up
• 1:00:44
  at the prices we've had, we have in the face of everything going
• 1:00:48
  on, I would say it's showing the resilience of Bitcoin.
• 1:00:52
  It's showing there is an infinite bid pumping up Bitcoin
• 1:00:55
  or or you know, floating it up right now.
• 1:00:58
  And at a certain point, there will be this make or break it
• 1:01:02
  moment where it's got to run this amount of buying that we're
• 1:01:06
  seeing it. It's not sustainable with the
• 1:01:09
  amount of Bitcoin that is hitting the exchanges via
• 1:01:12
  miners, via OG's. At a certain point we will be
• 1:01:16
  seeing the price start to go up. So let's see.
• 1:01:19
  Public companies hold a total of 1.134 million coins and venture
• 1:01:26
  to guess that they probably have all that coin.
• 1:01:30
  Private companies hold 288,000, government entities allegedly
• 1:01:35
  hold combined 647,000 ETFs, and exchanges hold 1.64 million
• 1:01:44
  Bitcoin. I'd venture to guess that they
• 1:01:46
  hold all those Bitcoin now from past views.
• 1:01:49
  Oh, I didn't pull it out from past views here though, You
• 1:01:52
  know, we know some exchanges don't actually have the Bitcoin.
• 1:01:58
  That's why we always say take Bitcoin into cold storage.
• 1:02:04
  This is the easiest, safest, best way to ensure that you do
• 1:02:08
  not lose your Bitcoin. You know, don't trust verify.
• 1:02:12
  That's where the meme comes from.
• 1:02:14
  Don't trust that the person holding your Bitcoin has that
• 1:02:17
  Bitcoin. Verify that Bitcoin by running a
• 1:02:19
  node and verifying that you are receiving real Bitcoin.
• 1:02:24
  Now that has extended to the Bitcoin treasury space that has
• 1:02:29
  extended to this proof of reserves idea where I'm not
• 1:02:33
  going to give you my Bitcoin, or rather my Fiat and trust that
• 1:02:38
  you actually hold this Bitcoin because maybe you don't.
• 1:02:43
  But it seems like sailors either getting tired of this or finally
• 1:02:48
  putting it to rest. Though even this I think won't
• 1:02:51
  be enough for most Bitcoiners. They still want to see proof of
• 1:02:54
  reserves. You know, personally, I, I don't
• 1:02:59
  know in strategy, I don't know any of these Bitcoin treasury
• 1:03:02
  companies. So this doesn't affect me.
• 1:03:04
  But if we do go to the logical conclusion of a strategy did not
• 1:03:10
  have all this Bitcoin and it did blow up, that would not be good
• 1:03:14
  for for the underlying price of Bitcoin.
• 1:03:16
  That would be catastrophic. So it is a trust me, bro moment,
• 1:03:21
  but maybe this makes some people feel better about what strategy
• 1:03:26
  is doing. I'm, I am on the idea of like,
• 1:03:29
  I'd like to see some more, but again, I don't own strategy.
• 1:03:33
  So maybe people that own strategy feel comfortable with
• 1:03:37
  just sailor saying that they own it and that they put some kind
• 1:03:41
  of stipulation so that there is no rehypothecation.
• 1:03:44
  I would, I would venture to guess that one of the best
• 1:03:46
  spokesperson around Bitcoin would probably, you know, be
• 1:03:50
  smart enough to know that yeah, you probably don't want your
• 1:03:53
  Bitcoin rehypothecated, especially if you are the
• 1:03:56
  biggest public entity to hold Bitcoin.
• 1:03:58
  You hold 712,000 Bitcoin. I'm guessing, you know, he's
• 1:04:05
  smart enough to know that he is a rocket scientist.
• 1:04:08
  After all, I have a 42 IQ. Who am I to judge?
• 1:04:11
  But I definitely, you know, verify my million sets.
• 1:04:17
  OK, anyways, let's see actually, are there any?
• 1:04:23
  Yeah, Jr. tokens get it eventually.
• 1:04:26
  Samson Mallory be right about his infinite bid thesis.
• 1:04:30
  Yes, yes. Does anyone in the chat hold
• 1:04:36
  strategy? But before I move on, because I
• 1:04:38
  do have a couple minutes to to till the Fed rate announcement.
• 1:04:43
  So if someone in the put the one minute charge for that, OK, I
• 1:04:48
  will do that. I will do that.
• 1:04:49
  But before I do that, does anyone in the chat own strategy?
• 1:04:55
  How does this make you feel? Because it'll give me enough
• 1:04:59
  time or actually, yeah, yeah, yeah.
• 1:05:01
  One second, one second. Sorry guys.
• 1:05:03
  We're I want to see if people in the chat feel better.
• 1:05:07
  Bitcoiners. Yeah, my boy, my boy Bitcoiners
• 1:05:11
  in complete shambles. Let's go Country Club hillbilly.
• 1:05:15
  You do. Does this make you feel better?
• 1:05:18
  Is this enough for you to believe that they actually have
• 1:05:21
  all the Bitcoin That that's my question.
• 1:05:25
  Not just if you own strategy, does this, you know, make you
• 1:05:31
  feel better about it? No, Chef Tommy, is that a no,
• 1:05:36
  that you don't own strategy or no, that it doesn't make you
• 1:05:39
  feel better? Yeah, exactly.
• 1:05:47
  This is this is what this is what I'm saying.
• 1:05:51
  Jake Fever gets it perfectly. If he is lying, he's going to
• 1:05:54
  jail. It would be weird not to hold
• 1:05:57
  real Bitcoin. Yes, I own Master.
• 1:06:00
  This is this is literally this is what I'm saying.
• 1:06:03
  This is not just your average Bitcoiner, you know, plebonon,
• 1:06:08
  that's like, yo, I own this or I don't.
• 1:06:10
  And there's no like nothing happens to them.
• 1:06:15
  Like this guy has a, you know, a different target on his back.
• 1:06:20
  I, I, I think I'm not, I'm not saying, you know, I'm going to
• 1:06:23
  trust necessarily. I do believe in don't trust
• 1:06:25
  verify, but he's playing in a different game is all I'm
• 1:06:28
  saying. OK.
• 1:06:29
  Anyways, let's hit the transition.
• 1:06:34
  I'll pull up the one minute chart.
• 1:06:35
  I'm going to pull up the Poly market odds, which don't
• 1:06:37
  necessarily mean what's going to happen, and we'll do a live
• 1:06:40
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  freedom. OK guys.
• 1:08:43
  So we got 3 minutes till the Feds decision on rate cuts.
• 1:08:47
  But I do want to bring up the Poly market odds, which I don't
• 1:08:51
  necessarily I believe is, you know, gospel here, but this
• 1:08:56
  market, you know, it's it's got some capital behind it,
• 1:08:58
  $647,000,000 in volume Fed decision in January.
• 1:09:03
  It's basically 100% no change. That's the prevailing sentiment
• 1:09:07
  right now that we are going to see no change to the interest
• 1:09:13
  rates. But you guys want the one minute
• 1:09:15
  chart. Here's the one minute chart.
• 1:09:17
  It seems like maybe maybe the price is pricing something,
• 1:09:22
  maybe the price is pricing right now.
• 1:09:24
  So I'll I'll keep the one minute chart and then on the
• 1:09:27
  background, I will, you know, sweep and try to find these
• 1:09:33
  decisions for you guys so we can talk about it in real time
• 1:09:39
  again, couple of minutes. So just you know, we maybe we do
• 1:09:43
  the price is right. Do do you know, do do do do it's
• 1:09:48
  polymarket. No, KYCI don't I really don't
• 1:09:50
  know I I, I don't actually use polymarket.
• 1:09:52
  I just kind of like to look at it.
• 1:09:53
  I, you know, I, I know you guys might think I'm a gambler.
• 1:09:57
  I don't really gamble much. OK, Bitcoin isn't a gamble.
• 1:10:01
  All right, permalife says 375 no change question mark potentially
• 1:10:05
  that that's at least a prevailing sentiment right now.
• 1:10:08
  So one more minute Just just hold on.
• 1:10:11
  We're going to do a live. I came for the plebslop and the
• 1:10:16
  one minute chart. You're in the right place.
• 1:10:21
  Let's see if Bitcoin has done anything important for me.
• 1:10:24
  It will have been changing my time.
• 1:10:26
  Honestly, I was talking to my my boy Sal, the trainer, my
• 1:10:30
  trainer, my boy Sal and I was trolling about his lower time
• 1:10:34
  preference in all his life. It's kind of an inside joke, you
• 1:10:36
  know? You know what I'm talking about,
• 1:10:37
  Sal. OK, let's see One minute chart
• 1:10:42
  live about what, 30 seconds, 30 seconds?
• 1:10:46
  Give me 30 seconds and we'll get a live, live reaction here and
• 1:10:53
  maybe we will see the price. Uh oh, uh oh, one minute chart.
• 1:10:59
  Did cortisol spiking on the one minute chart, boys.
• 1:11:04
  OK dude, Polly Market odds freaking on point.
• 1:11:09
  So Fed leaves interest rates unchanged.
• 1:11:13
  FED does not lower interest rates.
• 1:11:15
  We'll keep the one minute chart here.
• 1:11:18
  So let's see what are they currently?
• 1:11:22
  What like 375 I think. I think that's where they
• 1:11:26
  currently are. Let's see see what's going on
• 1:11:31
  here. So dude, polymarket is like, if
• 1:11:36
  you look at a polymarket, you know, betting odds with like
• 1:11:39
  significant volume, it's pretty damn good.
• 1:11:44
  It is pretty, pretty good. Let me see, what are the current
• 1:11:50
  Fed rates? I believe it's 375 current Fed
• 1:11:54
  rates, Dude, where AI slop in or plebs slop in?
• 1:12:01
  Where polymarkets slop in OK Effective Federal fund rate 3.64
• 1:12:08
  Target range set by Federal Reserve 3.5 to 3.75 S No change
• 1:12:17
  3.53.75 Let's go back. Let me go back here.
• 1:12:20
  Oh, Oh, we hadn't. We almost had it, boys.
• 1:12:25
  We almost had it. OK, all right, this is where
• 1:12:30
  it's fun. We're just going to hang out.
• 1:12:33
  We're going to just hang out here for a minute.
• 1:12:35
  Watch the one minute chart. Again, it's not trading advice.
• 1:12:39
  This is for entertainment. You watch the one minute chart
• 1:12:42
  for entertainment to see real time sentiment on what people
• 1:12:47
  think on the dude, Are we going to 80 K?
• 1:12:54
  OK all right, let's go Oh, all right well, this is what Bitcoin
• 1:13:01
  thinks too about no fed rate cuts right now.
• 1:13:04
  Live dumping Got to love it got to love it 32nd charts pretty
• 1:13:11
  dope yeah, I don't I don't pay for trading view, so best I got
• 1:13:15
  one second is even better. All I got is one minute, you
• 1:13:19
  know, so it it's not as interactive.
• 1:13:24
  I would really I would love the one second chart.
• 1:13:27
  I'd be I'd be addicted to the one second chart.
• 1:13:30
  One minute does have like a little bit grab the rail boys.
• 1:13:40
  Ron, I've been watching the one minute chart exclusively for 10
• 1:13:43
  years. You're a savage.
• 1:13:45
  You're a savage. Yes.
• 1:13:48
  So, yeah, guys. So let's see.
• 1:13:54
  Yeah, that's a pretty good take. Jay Powell attempting to show
• 1:13:57
  Trump that he has bigger balls in the press.
• 1:13:59
  Honestly, pretty, pretty good take here.
• 1:14:02
  Pretty good take. Yes.
• 1:14:03
  Chris is on point. Fireworks start when Powell
• 1:14:06
  starts babbling. All right, So guys, as I've been
• 1:14:10
  doing this for you guys, I've noticed a couple of things.
• 1:14:12
  And, and Chris is pretty much on point here.
• 1:14:16
  There's initial volatility right when the announcements are made,
• 1:14:20
  then Bitcoin kind of starts stabilizing and then the real
• 1:14:25
  volatility comes, you know, in 30 minutes when when Powell's
• 1:14:29
  speaking, the price just starts spiking.
• 1:14:31
  It's absolutely insane to watch. Wouldn't be trading right now.
• 1:14:35
  I usually would say, you know, get your positions in before,
• 1:14:39
  you know, get your spot buys before or I guess maybe your
• 1:14:43
  trades in before if you're really a trader, but just buy,
• 1:14:48
  buy after the the Fed red cats announcement or the speech.
• 1:14:52
  That's probably the best thing to do.
• 1:14:53
  So looks like we got a little volatility on the board.
• 1:15:00
  Well, guys, pack it up. It's over.
• 1:15:03
  Yeah, it depends on no, no social FU social media grabbed
• 1:15:12
  the rails. I think he meant by like, oh,
• 1:15:13
  there we go a little price action.
• 1:15:15
  There's the volatility. I think it's like, you know, I,
• 1:15:18
  I imagined it like he asked what grabs the rails mean.
• 1:15:22
  I imagined it like a, you know, like a surfer when you, when you
• 1:15:26
  do a, a deep drop in on a wave, you know, you're dropping.
• 1:15:30
  You got to grab the rail to get into the barrel.
• 1:15:33
  So you can tell I, I used to be a surfer.
• 1:15:34
  But hey, hey dude, the volatility is back.
• 1:15:38
  What am I telling you look, we've been doing this enough.
• 1:15:41
  We we know how we know how the one minute chart works.
• 1:15:44
  All right, guys, we'll keep this a couple minutes.
• 1:15:47
  I'll I'll react to some of your guys comments or super cycles.
• 1:15:55
  Let's see Jr. tokens. Trump is going to officially
• 1:16:00
  announce his pick to the next fed chair after Powell speaks to
• 1:16:03
  mute Powell's influence over the next few months.
• 1:16:05
  Honestly, that'd be that'd be insane, especially if he
• 1:16:09
  announces it's Rick Reader, writer from BlackRock.
• 1:16:13
  BlackRock is now ahead of the Fed and ahead of the World
• 1:16:18
  Economic Forum. That will be very interesting.
• 1:16:22
  All right, my boy says it's more interesting what's going on in
• 1:16:26
  the golden market. So let's go look at gold.
• 1:16:29
  It's doing the same thing, bro. One minute chart on fleek.
• 1:16:32
  That is crazy. Look what, 5 minutes ago 12345
• 1:16:39
  OK, pumped into the announcement, dumped on the
• 1:16:41
  announcement. Way more volatile because 2345
• 1:16:50
  pumped into the announcement, absolutely dumped after the
• 1:16:53
  announcement. Now we're dumping.
• 1:16:58
  OK, Gold's digesting the information pretty good.
• 1:17:04
  All right. Well, he is right, I think.
• 1:17:06
  Well, it did. General sentiment is probably
• 1:17:09
  pretty good. All right, we'll we'll hold this
• 1:17:13
  out for a little bit anyways. I like this.
• 1:17:18
  Let me see. Yeah.
• 1:17:24
  Minimalized man gets it. I like this.
• 1:17:26
  This is like we're all at the horse race together.
• 1:17:29
  Yeah, bro. We're in the trenches together
• 1:17:30
  here, OK? We're in the trenches, bro.
• 1:17:35
  Dude, dude, I know the monthly chart, bro.
• 1:17:37
  Where? Bro, we know we want we want the
• 1:17:43
  minute chart. This is a minute chart segment.
• 1:17:46
  Just what's going on in the minute chart.
• 1:17:47
  We've been looking at the monthly chart.
• 1:17:49
  We constantly looking at the monthly chart.
• 1:17:52
  Do not look at silver. All right, dude, tell me not to
• 1:17:56
  do something. Don't tempt me with a good time.
• 1:17:57
  Let's see. I'm.
• 1:17:59
  I'm gonna wrap it up here. Same thing now it's dumping.
• 1:18:08
  OK, All right, guys. Well, I'll pull this chart up
• 1:18:12
  again. Like volatility.
• 1:18:15
  The volatility is back. All right, guys.
• 1:18:21
  Well, Foxy, you know I'm color blind, so all right, I need the
• 1:18:26
  blue and the red for the contrast.
• 1:18:31
  All right, guys, love you guys. I'll see you tomorrow.
• 1:18:35
  End of the day. So, hey, no change in Fed rate
• 1:18:38
  cuts. It looks like the theater
• 1:18:44
  between Fed and Trump. It's continuing.
• 1:18:48
  Let's see who blinks. See who blinks first.
• 1:18:52
  Let's see who blinks first. All right, guys, we need the
• 1:18:56
  dude we kicked out from the FCC. All right?
• 1:19:00
  All right, all right. Yeah.
• 1:19:02
  Chat is not saying anything important at the moment.
• 1:19:05
  Want to find out? Totally right.
• 1:19:08
  All right, I'll see you guys tomorrow.
• 1:19:09
  Have a good rest of your day. We are on Wednesday.
• 1:19:17
  See what happens. Let's see who's right.
• 1:19:19
  Let's see what thesis is right here.
• 1:19:21
  On that note, I'll see you tomorrow.
• 1:19:23
  Have a good rest of your day, get outside, get some exercise,
• 1:19:26
  eat some good food. Actually, I think I'm going to
• 1:19:28
  cook a rib eye today, so maybe you want to cook some steak.
• 1:19:31
  I'm feeling a rib eye. Anyways, peace out.
• 1:19:34
  Today's episode was brought to you by bitcoinwell.com, a
• 1:19:37
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• 1:19:40
  independence.