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$UFD Community Does THIS! · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

0:38
Is Unicorn Fart dust the most undervalued cryptocurrency?
0:43
I believe it is. I'm going to show you the
0:46
reasons why I believe we have unlimited potential ahead of us.
0:51
There's a lot of reasons. There's a lot of examples.
0:54
Thank you for being here. Thank you for being part of the
0:56
basement. Thank you for being here for
0:58
Duster Club. Happy Friday Horns up Dusters.
1:02
Please retweet the share it with your friends.
1:04
But remember the most important thing and that is you.
1:09
Thank you for being here, right? UFD is nothing without
1:13
community. You are vital.
1:15
You are important. You can contribute.
1:17
You are proving right. We're like farmers.
1:19
We're planting seeds every day all around the world with all
1:24
the butter cups, all the boomers, right?
1:26
All the people that used to own UFD that are watching us and
1:31
watching what you day by day are accomplishing.
1:34
But let's talk about this notion that we are the most
1:38
undervalued. And it's not just a notion.
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I can share my opinion which is we are the most undervalued.
1:44
We are baby Bitcoin. Right before we came on, I
1:48
checked again, I asked Gemini, I guess it's called from Google,
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are meme coins cryptocurrency and it said yes, meme coins are
1:57
cryptocurrency just like Bitcoin and Ethereum.
2:00
Guys, we are right, we are the baby Bitcoin, we are the most
2:04
undervalued and we are ready for a major big flight, right?
2:09
We said from day one, remember back in the good old days five
2:13
months ago, Hard to believe it's only been five months, but we
2:17
talked about a long ride on the Unicorn, right?
2:21
Not what you know, the fun, the excitement is awesome, but what
2:25
we want is a long, prosperous ride.
2:27
And you've proven that day by day we can make that happen by
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your hard work. Let's dig right in.
2:33
Look at this, huh? This is incredible.
2:36
That came out this morning about UFD and it comes from our
2:41
friends at the Solana Post. Make sure you have both your
2:45
feet on the ground. Rub, touch your horn.
2:48
Do you feel your horn up there? Because Unicorn Fart Dust ranks
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#1 in 24 hour gains among leading Solana tokens made in
2:59
the USA, the good old United States of America.
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So there we have it guys, right from the Solana post.
3:05
We are #1 are we still though? Yes, we are still the most
3:12
undervalued a meme coin in the in the marketplace.
3:17
Absolutely right. Even though, even though we're
3:21
having some great gains as of late night, that doesn't
3:24
mitigate the fact that we are still, I don't know if that's
3:27
the right word, mitigate that doesn't eliminate the fact that
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we are still the most undervalued meme coin, period.
3:36
And there's a lot more that we can look at, right?
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There's a lot more. What matters, right?
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Community matters. Community is a big deal here.
3:44
Let's go take a look at this. Let's look at our social
3:47
performance and we're going to look at that right here OK here
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we go another one from the Solana post fart coin our
4:01
friends at fart coin. We love fart coin our our fart
4:04
father continues to dominate social mentions among pump fun
4:10
meme coins according to lunar crush.
4:12
So what I want to point out to you on this and we love fart
4:16
coin. We aren't casting any shade.
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I looked this morning and was completely astounded to see and
4:25
and happy for Fartcoin. Their market cap is at $1.3
4:29
billion. OK, so let's get our crayons
4:33
out. Dusters.
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Here's Fartcoin right here. This big circle and I screwed
4:39
that up. Hold on, let's try that again.
4:44
Sometimes I struggle with being a perfectionist.
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There we go. There's fartcoin.
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OK? 9.96000 mentions.
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Now there's UFD, OK. Now what's important for us to
5:01
look at on this is Fartcoin has a $1.3 billion market cap.
5:08
We have a 30, three, $34 million market cap, OK?
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Our social mentions are about let's say almost 30% of
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Fartcoin, 30%, OK? Our market cap is more like less
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than 3% of Fartcoin. And what is the number one thing
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that everybody, all the leading Murad, whoever, right, Bitcoin,
5:36
the Bitcoin people all say, what's the number one thing that
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determines the value of a mean coin?
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The community, right? And how's the how, what's the
5:46
most effective way to measure a community strength?
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Social dominance, right? That's what it is.
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That's the social, it's the Internet actions that people are
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having. Our social dominance is 30% of
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Fartcoin. Our market cap is only 3%, OK.
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That's one of the reasons why you can see right there we are
6:07
so undervalued. But on top of that, when you
6:11
take a step back and analyze what's going on in our
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community, the depth in the I got it all written down, you
6:18
know, the depth and the quality of the relationships, to me
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that's clear indication, right? It's exciting that we have so
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much potential, right? If our market cap were
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reflective of the social dominance when relative to fart
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coin, our market cap would be well north of $300 million.
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That's 10X from where we are now.
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Look, I'm not giving financial advice.
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I have to give you the disclaimer.
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I'm not a financial planner. Whatever you do with your money,
6:49
do it responsibly, OK? I'm not, don't make any
6:53
financial decisions based on what I'm saying.
6:56
But when I look at that and I see, right, that we're 30% of
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the social dominance, but only 3% of market cap.
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And I look at the fact that what you guys are doing, hello, we
7:10
have a DJ tonight, right? Our community, right?
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Our community. We have a DJ because it's going
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to do, it'll be thousands of people showing up for a dance
7:18
party thrown by a UFD Maxi, our friend DJ Litimus.
7:24
We've got a, an ad campaign now going to Crunch Fitness.
7:28
The community members created and put together Oh, oh, oh and
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funded, right. Thousands of people are walking
7:36
on treadmills right now looking at UFD.
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We've got the best NFT projects in the world.
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Oh, funded by the community, right.
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And then they're supporting UFD, supporting our community wallet,
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supporting Susie and I so I can be down here.
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We've got the best artwork, right?
7:53
We've got Royal, we've got, I mean, guys, we are the most
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undervalued, OK, no, no doubt about it, in my, in my opinion.
8:02
But we're happy for fartcoin. I mean, I'm glad that they're
8:06
doing well because that shows us what our potential truly is,
8:12
right? That shows us that by continuing
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to do what we do every single day, we truly do have unlimited
8:20
potential. We can be as big or bigger than
8:24
any meme coin. We can be as big or bigger than
8:28
any cryptocurrency. Don't really don't forget we're
8:30
in the like. You know it varies, but we're in
8:33
the top 607 hundred 800 crypto currencies in the world.
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OK, This is real. This is happening.
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There's nothing holding us back early on.
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You know, right when I created this as an experiment for you,
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those of you who are butter cups, and if you don't know what
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a buttercup is, that means you're someone who's not yet
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owned UFD. When you own UFD, you'll learn
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all the lingo, right? The dusters will teach you the
8:59
Diamond Hoove dusters. But that was one of the critical
9:02
things that excited me at the very, very beginning of the
9:06
process. OK, I wrote this last night.
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I was going to lead with this, but then we got all this other
9:13
big news. Dusters are people who believe
9:16
in genuine kindness and fairness.
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Not just with people whose ideologies, beliefs, or even
9:23
skin color align with theirs, but genuine kindness and
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fairness for everyone. That's another big thing.
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Good attracts good. We can talk about token prices,
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we can talk about all this stuff, but it really one of the
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big major things that continues to make this situation unique is
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good attracts good. And the other thing to remember,
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guys, we're only five months old and at the end of the day, all
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this wonderful, all these things that are going on within the
9:54
community are great, right? But day by day, the bit what it
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boils down to is what we're doing is attracting more people
10:02
into this, this community who buy UFD beans, hold on to their
10:07
beans. And if you're a buttercup, a
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bean means a coin. Don't sell them are diamond
10:12
hooved, right? And it's real simple.
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The more diamond hooves we get, right, the closer we come to a
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bean shortage, which will eventually, it's a Friday bean
10:23
shake, lead to a beanopoly, right?
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We'll fill the jug. This jug represents all the UFD
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beans that are available on the market, all the decentralized
10:34
exchanges, all that other crazy stuff.
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You're filling it up each each Jelly Bean is a diamond hooved
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duster. How many times do I have to show
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you this right? You're in there.
10:48
Do you see yourself and as we fill it up.
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We get closer to the bean opoly, a bean shortage way that it
11:03
works. OK, let's go on here one more.
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Everywhere we look there's proof that we're so undervalued.
11:09
This one blows us away. Look, I'm going to call this
11:12
baby Bitcoin every single day because we are baby Bitcoin in
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the Bitcoin old timers, right? Many of them have told me, right
11:21
that number one, they've lost kind of that sense of small
11:25
community that Bitcoin had and great for Bitcoin.
11:27
I'm not putting it down, right, but that what they get in UFD is
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the same vibe that they got during the early days of
11:35
Bitcoin. Yeah, I'll compare us to Doge.
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We can be as big as Dogecoin. Yeah, I'll compare us to
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Bitcoin, you know, Right, Right, guys, this is real and this is
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happening. And I believe, right,
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absolutely, that we are the baby Bitcoin.
11:52
But let's go look at one more interesting data point that
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that, beyond any argument in my opinion, indicates to us that we
12:03
are vastly undervalued. This one comes from the Emma
12:08
Bear herself. OK, so a lot of meme coin
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analysis. 5/8 here she goes. She's she loves Murad.
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Hey Murad, didn't you say that the percentage of holders with
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1000 or more invested is crucial to the health of a mean coin
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community? If I recall correctly, you said
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it represents the number of holders who are deeply invested
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in the success of that coin and will provide necessary labor to
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help it thrive. While UFD is ranked 5th amongst
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all Solana meme coins in holders death with $1000 and $10,000
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invested as a percentage of total total holders, that makes
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UFD an amazing value compared to its peers.
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And there's the king right Bartcoin who we love up there.
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Number one. OK, Popcat, Giga and I can know
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whatever that is AI16Z, but guys here, it's unbelievable.
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Look, OK, there we are. But when you come up here and
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look at the market cap, let's get the crayons out.
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There's our market cap 26,000,000, OK, which has gone
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up, but none the less still right.
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Look, we'd have to go up by 10 times to get there.
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We'd have to go up by 6 times to get to Giga.
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We'd have to go up by at least 10 times to get to Popcat and 42
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times, as Emma points out, to get the far coin guys, these are
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real numbers. Okay, These are that's numbers.
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You can't argue with that, okay? It doesn't mean that we're
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instantly going to pop there, but it tells us just how how
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much potential, potential for capital appreciation we have
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with the UFD situation right now, OK.
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I mean, and the other thing, and I'll say it one more time, OK,
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those other coins have great communities, no doubt, OK.
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But I would put the quality and depth of our community up
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against any of those. And at the end of the day, we
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know what determines the value, the ultimate value, the ultimate
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price. What what attracts more people
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to a meme coin is the is the quality and robustness of the
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community. OK, All right, guys, here more
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we're just going to run through some the more data points it it
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doesn't stop right, Jim Insider, which I think, yeah, has 154,000
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followers on X. Which of these meme coins will
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go to a billion after SPX and Giga, who's at the top of the
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list? UFD.
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All right, let's move on to the next point.
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Oh, this is about Solana, right? Our art and Solana will go.
15:09
Look, it's been going crazy. Solana has flipped the market
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cap of the State Bank of II's largest bank, Solana.
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I'm just so excited about Solana.
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I'm so grateful. Look, even though I didn't plan
15:24
it this way, you know, this was an experiment.
15:26
I didn't even know what Solana was six months ago.
15:29
So I'm very fortunate, feel very fortunate that we were created.
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We were spawned on the Salana, the network on the Solana
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blockchain because the more I learn about Solana and how it
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stacks up against the major blockchains, the more excited I
15:45
am. And let's go check this out.
15:49
Look, Solana price $173. So things are moving.
15:54
Things are doing great. On a side note, let's go over
15:58
here. We're having more and more
16:00
states in the United States and this one just happened to be my
16:04
home state. The state of Missouri yesterday
16:09
came out with some interesting legislation.
16:11
Missouri House passes a bill to exempt Bitcoin from capital
16:16
gains tax. This is the way, man.
16:18
There's all type types of legislation working its way
16:23
through the process on a state by state basis, which is going
16:26
to change the game for crypto, change the game for for Bitcoin,
16:30
change the game for you. UFD Missouri, where I happen to
16:35
live, is just the latest, but we had New Hampshire come out with
16:39
some legislation. If things are changing, it's
16:42
happening for the states. That's the way the quick history
16:45
lesson, that's the way the Founding fathers set up the
16:48
country with the Constitution was to allow the states to have
16:52
some independence from an overbearing federal government.
16:55
So states are making major legislative moves when it comes
16:59
to kind of going against the Federal Reserve with non Fiat
17:04
assets, things like crypto, Bitcoin, OK, things like silver
17:09
and gold as well. We'll keep a close eye on this
17:11
as it develops. Let's do Duster of the day.
17:15
But before we do that, I need to say thank you #1 to you for
17:19
being here today. Hope you feel like you found a
17:21
little home away from home. You're always welcome here in
17:24
the basement. OK?
17:25
We're on a long term ride with UFD.
17:29
Please come back. Please subscribe to the channel,
17:31
retweet this, all that great stuff.
17:33
I want to say thank you right there.
17:35
Right? The channel sponsor Ledger.
17:38
Ledger is the hardware wallet crypto security leader.
17:42
You know, they're a vital part of my story.
17:45
OK, do yourself a favor. Think about security before
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something happens. Trust me, I learned that lesson
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the hard way. Think about security before
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something happens. And our friends at Moon Pay, OK,
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the fintech leader, financial technology leader on ramping
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millions and millions of people from Fiat into crypto.
18:10
They were again a vital part of my story.
18:12
You know, when I created UFDAUFD would not be here today, right
18:17
now, if it wasn't for Moon Pay. That's how I bought my first
18:21
Solana. It's how I how I how I converted
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my first dollars into crypto. Moon Pay is all also now
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offering on their platform, right?
18:30
Digital tokenized gold through the XAUT token that's tether
18:36
gold tethers the company behind USDT all right and tether gold
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right, allows people to combine the benefits of owning physical
18:45
gold with the benefits of owning digital tokenized gold right and
18:52
it brings those together right? Owning physical gold is great
18:55
physical silver, no doubt about it.
18:57
You know I'm a gold and silver maxi from way back.
19:00
I love UFDI, love gold and silver, but there are, I can
19:04
tell you some challenges to holding physical metal.
19:07
I don't keep any here at my house, but a product like XAUT
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allows you to own gold digitally, but it's backed 100%
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by real gold in a vault in Switzerland.
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And these are LBMA good for delivery bars.
19:22
OK, each 1X AUT token right is backed by 1 pure ounce of gold,
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so you can digitally bring it with you anywhere where in the
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world you can trade it 24/7. Really interesting product, you
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might want to check it out. OK, let's go now to Duster Owen.
19:41
Wait a minute, I forgot to say thank you.
19:44
Moon pay. Thank you, Ledger, right?
19:46
They're the guys. Their support.
19:47
Please continue to help support these companies.
19:50
Put them in your tweets, put them in your artwork, OK?
19:53
They make it possible for me to be here.
19:56
Their sponsorship and they're both great companies, both top
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tier organizations. You know that already.
20:02
And we're very grateful for their support.
20:04
Thank you. OK, Duster of the day.
20:07
Wait a minute. Duster of the day, what does
20:12
that mean, right? Hey, look, we're a community,
20:16
right? A community that's that that
20:17
that's that's connected to one another on many different
20:21
levels, right? I mean, we are special, OK?
20:24
But that community is made-up of a lot of individuals.
20:27
You, right? You are a vital part of this
20:30
community, right? And each day we represent one of
20:33
you as duster of the day. If you want to be Duster of the
20:36
day, it's OK to nominate yourself.
20:38
Send Adm to upstairs. Susie, do you know who she is?
20:43
She's my wonderful wife, right? She kind of administers the
20:46
duster of the day list. So it's OK to nominate yourself
20:51
or nominate somebody else. Hey, let's check in with Susie
20:54
and then let's do duster of the day.
20:56
Susie, are you there over smiling?
20:58
Amen. You want to say anything to the
21:03
UFD community before you give them the the daily Susie high 5.
21:07
I hope you have. A wonderful day everyone.
21:11
Let's go UFD. All right, Thank you,
21:15
sweetheart. Let's go UFD.
21:16
Hey everybody, come on. We do a couple things.
21:18
We do a three second smile, but we also put your hand up there
21:22
by your screen. Go ahead, give Susie a high 5.
21:25
It feels good and you can shake her hand if you like.
21:29
There you go. OK, Duster of the day, a special
21:32
person today that we are honoring, and I got to pull the
21:37
correct screen up for you. Why did that?
21:41
There we wait a minute, here we go.
21:44
All right, here we go. Prof Cat is the Duster of the
21:49
day. Look at that beautiful Unicorn.
21:51
What a happy horse and her picture up there on her profile.
21:55
Prof Cat, we appreciate everything that you are doing.
21:58
Again, you're one of the individuals, but we are
22:01
connected. We are part of one team and we
22:04
are going on a crazy Unicorn ride.
22:07
OK, baby Bitcoin. OK, baby Bitcoin, let's see what
22:11
Profcat had to say. And she said hi Ron, I'm a day 2
22:17
holder. So she's been with us from day
22:19
two. Small but mighty.
22:22
Hold on here, small but mighty about 150,000 beans.
22:28
I'm an almost boomer myself and while I've been in the Internet
22:32
since almost the beginning and she says of time, so she's about
22:36
my age, mid 50s. I just got into crypto last
22:40
year. The learning curve was steep but
22:43
when I saw UFDI knew it was a coin for more than the short
22:47
term because of you. You bridge the divide by trade.
22:52
I have the privilege of teaching people how to become nurses at
22:55
the university level, and I'll likely do that until I retire.
23:00
So there we have it guys, right? Another great example.
23:03
We are the bridge. That's another huge thing
23:07
besides the fact that we're all over the world, all over the
23:11
world, right? Any you know, most places in the
23:13
world can join us on a fair and level playing field, But this
23:18
isn't our one of our secret weapons.
23:20
One just one of our secret weapons.
23:23
And there's proof, right? Another almost boomer.
23:26
I'd say she's probably 54 years old.
23:29
OK, we're bringing older people into crypto.
23:34
We're bringing there's so many butter cups, right?
23:38
What other, what other crypto is bringing older?
23:40
Maybe Bitcoin because black rocks involved in Fidelity and
23:43
Vanguard and all that ETS. But from a meme coin, from a,
23:47
from a small community, small with the unbelievable potential
23:52
that we have, we are the one bringing in older people into
23:56
crypto. I hear it every day.
23:59
It's working. What we're doing is working
24:03
right. We also have all the younger
24:04
people and we love the younger people.
24:06
Like I'm kind of in the middle, I guess you'd say, right, But
24:10
guys, look, there's massive numbers of butter cups that are
24:14
already in crypto. Also we've got the people that
24:18
are new to crypto that we're bringing in, but as a as a as a
24:22
community, we're also able to bring in these people who are
24:25
already in crypto. It's a very exciting.
24:29
I mean, it's it's absolutely my. Does your brain explode?
24:33
Oh, hold on here. Hold on.
24:36
Let's go back. Prof Cat, Congratulations.
24:39
You are the duster of the day. And for that, you win the golden
24:43
horn. I want all the dusters out
24:45
there. And then we'll do the three
24:46
second smile. But you need to help me reach
24:48
up. You feel your horn, huh?
24:51
You feel it? Reach up there.
24:53
I feel my horn. It's real.
24:57
It's a real thing that we're doing.
24:58
And right now we're going to rub horns.
25:00
You ready? Come on, everybody, join me.
25:05
Feels good. As dusters, we're all in the
25:07
corral together. We all have this sense of
25:09
belonging. And sometimes we get together
25:12
and rub our horns right. And that's what we just did.
25:15
Prof can't. You are the duster of the day.
25:17
Now, Everyone, please help me. As we and this thing's getting
25:21
heavy, install the golden horn. Boom, there you go.
25:27
Enjoy your day, Prof Cat. I'll put out a tweet later.
25:29
Everybody please help supporter, let's do a three second smile.
25:35
It helps helps us feel good. And when we feel good, we can
25:38
help other people feel good. When I say go, but smile for
25:41
three seconds. Go.
25:46
The cheesiest thing on the Internet.
25:47
I know. But I can't stop now.
25:50
I open my big mouth seriously during the day I do it right
25:55
when I wake up in the morning when you anytime you walk by a
25:58
mirror, give yourself a three second smile 123 smile, OK and
26:04
you'll find that you can do it with other people.
26:05
It feels better to smile. Don't have one of those resting
26:08
frown faces have a resting smile face.
26:12
OK, where was I? Other big news, man, Trump is,
26:16
is attacking Powell. Yes, you know, we got the whole
26:20
Federal Reserve thing. Look, don't worry about it.
26:24
Everything the Fed says is a bunch of balloon juice, to put
26:28
it lightly. OK, I, I explained yesterday in
26:31
a video on my gold and silver channel.
26:32
Everybody is so concerned. Look at my hands.
26:36
Everybody is so these, this over here is interest rates.
26:40
Everybody is so concerned about the Fed lowering rates, lowering
26:44
rates, right? This is inflation.
26:46
These are interest rates. Things are kind of in balance
26:49
right now for lack, you know, still a real screw job for the
26:53
average American. But in balance, these are
26:56
interest rates. Everybody wants the Fed to lower
26:58
interest rates, lower interest rates, right?
27:01
Look, think about this. This is a critical, important
27:05
thing to think about. They're not lowering rates.
27:08
They're leaving rates where they are.
27:10
OK, so no lower rates. Rates are staying inflations
27:13
here. Isn't it the same thing if
27:16
inflation goes up, right, and they don't lower rates and they
27:20
don't raise rates? It it it, it has the same impact
27:24
on the economy. OK, that is breakthrough,
27:27
something that nobody's talking about.
27:29
And I hope you understand that. I'll show you one more time with
27:32
my karate chop hands, right? This is inflation, this is
27:38
interest rates. Everybody wants lower interest
27:41
rates, right? So it creates that gap between
27:43
inflation and interest rates. If they don't lower rates, but
27:47
inflation goes up, it still creates that gap.
27:51
And if they don't raise rates, it has the same impact, right?
27:55
And at the end of the day, right, what we're talking about
27:58
is devaluation of the US dollar. Don't let what I mean all look,
28:04
I'm not a political channel, not a political statement, but the
28:07
reality is is right that we can we are going to have higher the
28:11
inflation number is going to go up.
28:14
Think about the tariffs. Think about about the about the
28:18
about the US debt, the US debt clock here.
28:21
We'll run out quickly and take a look and we're going to run
28:23
through just to prove to you the craziness that is going on right
28:28
now. Here is the US debt clock.
28:32
And as you can see, we are we are quickly approaching on the
28:36
upper left corner $37 trillion in national debt.
28:42
But let's go and watch this. This is crazy.
28:46
This is what's going on in our country.
28:48
Let's watch this quick 32nd clip from Trump.
28:51
I mean, the what's going on between the Fed and the
28:54
president is truly unprecedented.
28:59
If he would lower interest rates like China did, like I think UK
29:04
did, but like. Numerous.
29:05
But if you hear what he says, it's like jet fuel.
29:07
Jet fuel. But he doesn't want to do it.
29:10
I I think he doesn't want to do it.
29:11
Probably he's done. He's not in love with me, I
29:15
think. That's the president of our
29:19
country saying that the Fed, that the head of the Federal
29:23
Reserve, This guy right here. Yeah, we'll get him out.
29:26
We love him. He's a good guy.
29:28
Jerome Powell, Yeah, one day he will be a guest down here in the
29:33
basement. That's the president of our
29:35
country saying that the the head of the Federal Reserve Bank
29:39
doesn't love him. And by the way, for those of you
29:41
who are new and don't really understand the Fed, I would
29:43
recommend digging in and learning a little bit about the
29:46
Federal Reserve Bank. Most Americans think that it's
29:49
part of our government, right, blah, blah, blah.
29:51
The reality is it's privately owned by the big banks and that
29:54
the Fed in Federal Reserve and Federal Reserve is no more
29:59
federal than the Fed in FedEx. All right, one more quick little
30:04
article we want to touch on that just shows the absurdity of
30:07
what's going on right now. This comes from Yahoo Finance
30:13
headline, right? Trump aims at fool.
30:17
He calls Paula fool after fed rate hold so so Powell obviously
30:22
held rates and listen, this is what's going on in our country
30:25
really crazy president said the talking to Powell is like
30:30
talking to a wall. OK and then they asked Powell if
30:35
he would have a meeting with Trump and he said I've never
30:37
been asked for a meeting with any president and I never will.
30:42
Then Trump like we just saw basically said that Powell is
30:45
not in love with me. Oh Lord.
30:48
And then Trump went to say he started calling.
30:52
He calls Jerome Powell. Too late, too late Powell.
30:56
And he calls him a fool. OK, I mean, it really
31:02
incredible. Hold on here.
31:03
I lost my There it is. Calls him a fool who doesn't
31:07
have a clue. And then here it says traders
31:11
now who push back bets on the first rate cut this year to July
31:16
from June and the odd for a rate cut in July are now slightly
31:19
better than 50%. We'll go take a look at that.
31:23
And then Paul says we feel like it's an appropriate, it's
31:26
appropriate to be patient. We think right now the
31:29
appropriate thing to do is to wait and see how things evolved.
31:33
There's too much uncertainty, OK.
31:35
But remember, guys, like we just talked about, let's go out here
31:39
and update this. This is the Chicago Mercantile
31:43
Exchange. Now you're seeing the right tab.
31:46
Sorry about that Fedwatch tool which gives us what the big
31:52
money people. So are are are basically betting
31:55
that the next monetary policy or interest rate move will be, as
32:00
you can see, we're 40 days out until the next meeting, which
32:04
will be that June meeting. And at this point up here in the
32:09
upper left corner, that'll be June 18th.
32:11
They're basically saying there's an 82% chance.
32:15
So about a what is that a four out of five chance that the rate
32:19
will remain the same. If you look here, that's the
32:22
current rate 4.25. And then again there's an 80%
32:26
chances will remain the same, about a 20% chance that it could
32:30
go a little letter a little lower.
32:32
Now in terms of the general market and the general economy,
32:36
I'm going to put out a big warning and a lot of the like
32:39
big money people are saying the same thing.
32:42
We could see another big pullback in the general stock
32:46
market. I know you're 4O1K, your IRA,
32:49
your brokerage account, you don't want to hear that.
32:51
We've kind of recovered from that last situation, but but
32:55
look at this data, which is somewhat astounding when we
33:01
consider what has been going on in the general Marcus markets.
33:05
This comes from the Kobe C letter.
33:07
Individual investors in yellow had been the net buyer of
33:11
equities for 21 consecutive weeks, the longest streak on
33:15
record according to Bank of America.
33:18
This is more than double the previous record, more than
33:21
double the previous record of 2021 and 22.
33:25
OK. Now, on the other hand, in red,
33:29
hedge funds have sold a record 1.5 billion.
33:34
So we have retail mom and pop investors, who unfortunately are
33:38
almost always wrong, that are buying all the stocks.
33:43
But hedge funds have sold 1.5 billion.
33:47
And at the same time, institutional clients of Bank of
33:51
America have dumped 2.7 billion, the second largest amount in
33:57
history. So what does that tell us?
33:59
Right. And there's a chart longest
34:02
private client banking streak that shows us, right, individual
34:06
investors. Look at that, right?
34:08
I mean, in, in history, in our data history all the way back to
34:13
O8, that's retail, that red box, that's mom and pop investors.
34:18
What that tells us is one thing, guys, the big money is selling
34:24
and the small money, right, the individual investors are buying.
34:27
So right, I don't have a crystal ball.
34:30
Don't make any financial decisions based on what I'm
34:33
saying. What that tells me right, is
34:36
that we could be in for another major pull back in the market.
34:40
Could could, right? It's, it's nobody knows for sure
34:44
how all this plays out. However, when we look at that
34:47
data and we see record levels of institutional hedge fund record
34:53
level ranges selling and mom and pop retail investors buying,
34:58
right, they're the ones to me that seems like a exit liquidity
35:03
for the big money. The other big news going on in
35:06
the markets right now, there will be tariff talks this
35:09
weekend between the United States and China.
35:12
The latest and greatest headlines in that regard are
35:16
telling us this. Trump is talking about lowering
35:23
and lowering the Chinese tariffs to 80%.
35:26
Says that seems right. Trump.
35:29
Trump floats de escalation ahead of the weekend trade talks.
35:33
So Besent Scott percent, our Treasury Secretary will be, I
35:38
think it's in Sweden or Switzerland, one of the two and
35:41
we'll be meeting with a high level delegation from China to
35:44
try to work out this trade situation.
35:47
We'll see how all that, how that all works out.
35:50
Most important guys, thank you for being here.
35:52
Thanks for being part of the basement.
35:54
One more thing I want to mention to you, don't forget if you got
35:57
something you want to hide right Barry in the basement, this is a
36:02
safe that you can bury underground in your own personal
36:07
secret location. The Dirty Man safe.
36:10
You can read about it at The Dirty Man safe.com.
36:13
Don't forget Ron 10 is a discount code you can get 10%
36:17
off. Really a cool thing.
36:19
I know you're never going to guess what's inside here.
36:22
Dusters. There you go, our old friend the
36:26
Unicorn. That's what I'm keeping in here.
36:29
But these are really cool, very cool, robust products.
36:32
They have different sizes. This is actually the smallest,
36:35
The Dirty girl. They got the dirt.
36:37
They have The Dirty man and they have the jumbo size dirty old
36:41
man. Again, you can you can read
36:44
about them on their website and don't forget Ron 10.
36:49
Thanks, man. Thanks, guys, men and women
36:51
dusters for being here, right? We are duster club, right?
36:55
We are preparing for a long we want this to be a huge long term
37:01
flight. We're here for a long term
37:02
relationship. We aren't just dating, we're
37:04
getting married, right. You aren't just visiting, you
37:07
aren't just this is this is critical.
37:10
And I got to thank my friend Connector for not giving me this
37:13
exact story, but giving me, you know, when somebody teaches you
37:17
something. And I was on one of those spaces
37:20
in this guy Connector, who's a vital part of our community,
37:23
shared this idea with me. And I've embellished on it a
37:26
little bit, but I think it's critical to understand we are
37:30
the Unicorn fart dust city, right?
37:32
And because we have digital scarcity, right?
37:35
Because you can't make more beans.
37:37
Our city, our boundaries are set.
37:40
We're like an island. Oh my God, what?
37:41
That's unbelievable. Connector, You're going to love
37:44
it. We're an island, OK?
37:46
We are like a small island city, like isn't Taiwan, I believe,
37:52
Yeah. OK.
37:53
We'll say we're like Taiwan or we're a we're a small.
37:56
We're like Hawaii, like the state of Hawaii, right?
37:59
We're limited. We can't grow.
38:01
We're OK that's UFD. We are UFD island.
38:05
There's only so much room on the island.
38:08
And when people come to visit us, when they come to our
38:10
Hawaii, our UFD, right, Some people come for a big party,
38:15
right? They want to pop party, blah,
38:17
blah, blah. But there's the UFD diamond hoof
38:20
dusters who are on the island, who've bought houses, who've
38:24
bought real estate and more and more people when they come to
38:29
visit us because of you decide to buy real estate, decide to
38:33
become diamond hoofed and there's no more real estate
38:36
available. It's a limited amount.
38:38
It's because of digital scarcity.
38:43
And as a cherry on top, there's only one UFD island.
38:49
Only one. You know, I created it as an
38:52
experiment. You guys made this happen.
38:56
Susie's talking to me. Hold on a second.
39:02
Yes, sweetheart. Over.
39:06
In the chat on on X Connector, the person, their friend we're
39:10
just talking about mentioned Trump just announced an 80% cut
39:15
in the tariffs with China. Oh, so OK, so it's been
39:19
announced. Thank you.
39:20
Have a. Look real quick and.
39:24
OK. Thank you, sweetheart.
39:25
Sign. Off bye.
39:27
Ever. OK, let me finish my island.
39:31
We are UFD island. They aren't making any more real
39:35
estate on our island. We are surrounded by ocean.
39:38
We're like Hawaii, Some people come visit, want a party.
39:42
Some people come, right, we live there and they want to move in.
39:45
They're like, this place is pretty nice.
39:47
These are high quality people. These would be great people to
39:50
live with, right? That's the deal.
39:52
Susie says I need to go check the news.
39:54
So let's go check the news. We'll go out to why don't we go
39:58
out to CNBC, See what's popping here.
40:04
Latest Latest Latest Trump suggests cutting China tariffs.
40:09
OK, so I don't know if it's been officially announced yet, but
40:13
yeah, they're they're that's the big news of today Cutting and I
40:17
forgot. Hold on here.
40:18
There we go. There's CNBC.
40:22
There you go, guys. Trump suggests cutting tariffs.
40:25
Awesome. Hey, while we're out here, let's
40:28
go take a look and see what's going on in the world at
40:30
cryptocurrency. Wow, Bitcoin 103,000, Solana 171
40:37
dollars, Dogecoin up to almost $0.20.
40:42
OK, that's the, for now, the godfather of, of memes.
40:48
And let's just go look and see what our gold and silver doing.
40:52
OK, Gold's up $23, silver's up $0.23.
40:55
OK guys, have a great day. Don't forget, be good to
40:59
yourself, please. Right.
41:01
Look, this is it's OK, I'm going to give you a little life
41:04
advice. And everybody struggles with
41:08
this. And I'm not perfect, right?
41:09
Trust me, I'm human like you, right?
41:12
I got my Unicorn horn. But it's so important for us to
41:16
do our best every day. And it's not selfish to do this.
41:20
Don't let anybody fool you. Be is nice to yourself.
41:24
Be your own. I tell my kids that all the
41:25
time. I'll say who's your best friend,
41:28
right? And they've been trained.
41:29
Now they say I'm my own best friend.
41:31
Be your own best friend. It'll give you the foundation
41:35
you need. Be nice to other people.
41:37
Look when somebody's mean to you or angry or, or, or has a temper
41:43
outburst, whatever. And I can say this from my own,
41:45
I'm, I own it, right? It's usually because they're not
41:49
doing good on the inside. So do everything you can first
41:52
and foremost, right? To be good to yourself, to be at
41:55
peace with yourself. And that gives you this
41:57
wonderful foundation from which you can share that with other
42:01
people in the world, other people on X, other people in
42:05
your family, other people you work with.
42:07
OK, you're worth it. You're important.
42:09
Good attracts good. That's why you're here.
42:12
That's why you're a part of this community, right?
42:15
We stand for that. Good attracts good.
42:17
You have a great, great day. Thank you and I will see you
42:21
soon.