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๐จCRYPTO TALK RADIO: MARKETS IN THE RED. TRUMPโs TARIFFS WORKING?
Recorded: April 7, 2025 Duration: 3:20:13Space Recording
Full Transcription
Music Thank you. All right, good morning.
It's like I'm doing like a Fed emergency meeting and shit, but welcome to Crypto Talk Radio.
Hold on.
Why is it so fucking loud?
My ears are about to blow out.
Yeah, listen, I started this space early
just because I know a lot of people are panicking for no reason.
Maybe I shouldn't say for no reason.
Maybe you're looking into your 401ks and your 401ks are down. Maybe you're looking into your wallks and 401ks are down.
Maybe you're looking into your wallets, your wallets are down.
You're feeling like you're round tripped again.
You're worried that you round tripped again.
I think it's going all according to plan.
Did,
did Trump's tariffs catch people off guard?
Yes.
That has been the consensus.
It's caught a lot of people off guard.
But here's the thing.
This space, I think we should break down
everything that has happened in the last 11 to 12 weeks
since Trump has been in office.
We should also break down the stock market and the markets
and put things into perspective.
This weekend
I took off, by the way. I wasn't on
here chasing
some fucking
doo-doo ass fucking
plays.
I went out
scenery,
green,
touch grass type of thing.
All right, look.
And I'll get to the crypto bros, but let's put this in perspective.
I've been tweeting out there how I'm like, I'm excited and everything.
And I'm getting this
like these liberals these liberals are just coming out the woodworks
there's so much to touch on here there is so much to touch on it really is
It really is.
How Americans who vote for Kamala Harris are rooting for the markets to collapse so they can say, I told you so.
That is the weirdest thing you can do as an American.
I would not even wish that.
I don't care if it's a Democrat or Republican in office.
I would never, never, ever wish.
Never wish for that.
All right, let's start off like this.
The markets, 88% of the market is held by the elite.
The stocks or your pretty stocks, all that is held by the elite. The stocks or your pretty stocks,
all that is held by the elite.
They hold a very good,
they have phenomenal control.
88%.
Those are real numbers, look them up 88 percent i'm the reason why i'm starting there is
because the 88 percent that population isn't very big.
But I understand, crypto bros, you are affected.
Your vision is only here.
You don't see everything else.
You're now looking outside the box and looking at everything.
But 88% is controlled by the elites. The elites, obviously, they like the way that the system was set up.
They really do.
I sat back this weekend, and I really dug deep into all this stuff, man.
The elites don't want change.
They make money.
They make,
they made a lot of money
with the way the current system was set up.
With the way the current system was set up
before Trump implemented tariffs
as a tool
to bring nations to the table
to negotiate fair trade deals as a tool to bring nations to the table,
to negotiate fair trade deals,
you have all these other countries milking the United States of America.
If you're an American, okay,
if you are an American,
you have to look at it and say,
okay, I might not,
and this is especially for the trump
haters i might not like trump you can go ahead and say that right i don't like trump let me take
trump out of the equation let me look at these agreements forget about trump let me look at
these agreements let's start off when bill clinton invited china into the wto okay let's start off when Bill Clinton invited China into the WTO.
Let's start there.
Let's paint the proper picture here.
Let's not go based off of feelings.
And I don't like orange, man.
Let's look how this all started, okay, to where we allowed factories to be built elsewhere, where we now, now in our current and present state, we depend on getting our stuff from elsewhere instead of having it here in the United States of America.
from elsewhere instead of having it here in the United States of America.
We should always have manufactured all of our goods in the United States of America,
never outsourced them.
But we allowed for that shit, which put us in our current predicament,
where China is making crazy amounts of money off,
like Trump said, off of a number two fucking pencil.
We buy everything from everybody else.
All these motherfuckers from all these other countries,
they can go ahead and they can put their chest out.
They need us because nobody
else is buying like we buy. We consume like nobody else. Americans consume like nobody else.
When we can't sell our goods and products to Germanyany but they can sell us their beamers and mercedes
the the craziest part is i had this all written in way before trump even said it though when they
can go ahead and just but i've said this before trump said it too last week rewind the tapes
if we we allow them to come here and sell us their products we allow them to come here and
sell us their products and they don't pay much like what what is it the average is like 1.5 to
2.5 percent on a tariff for them to come here we can't even go over there go look at Europe
I'm very familiar with Europe
DNA is European right
go look at Europe
they don't drive American cars
there's nothing American in Europe
nothing
zero
nothing American Europe
but their products are allowed to come here.
China, I'm going to repeat this.
China is selective about what they let you bring in there.
And if they do allow you to bring in a foreign product, well, guess what?
You're paying 30% to to 50 tariff on your product
you guys are way too here here's the problem so like there's there's two issues one crypto itself
because i'll speak for crypto now crypto itself is not very political you guys know nothing about
politics and that's fine like that's not me being disrespectful. That's okay.
Like you are just stuck on making money in crypto and that's fine.
Totally fine.
At some point,
America had to stand up and say,
enough is enough.
Even if the short term right now,
as we see it right now,
you're looking at your wallets, you're looking at some of your assets, they're down.
It's short term. It is a short term thing.
There is a plan. I can almost guarantee it and it's unfolding. Right now, the Fed tomorrow is
going to have oh
actually today they're having meetings the fed is having an emergency meeting i said this two three
days ago look up my fucking tweet or it was a day ago whatever it was i said they're gonna have a
meeting and they will be talking about a fucking rate cut the 10-year treasury is down
into the threes
now.
Into the threes, making it easier for the United
States of America to refinance their debt.
Short-term pain,
long-term gains.
Would all you guys
have taken out your money if you would have known?
I'm sure you would have.
Taking your money out now makes no sense.
Taking out your money right now and selling off your assets makes absolutely no sense.
Zero sense.
Right now, like my mindset is,
how much more money should I take out
to buy everything that's on the market right now,
including in the stock market?
I'm not just talking about crypto.
44% of the stock market is also owned.
44% to 46% of the stock market is also owned by foreign entities.
It is.
Yo, when you unpack all this shit, it is wild how everybody has taken.
And I'm talking about everybody because it's true,
how Europe has taken advantage
of us,
how China has definitely
bent us over with
no Vaseline
type of taking advantage of us.
Every other country,
though, you know what the funny, the most hypocritical shit that you
motherfuckers say about trump trying to use tariff the word tariff as a tool to bring people to the
table by the way countries are finally submitting and they are like vietnam taiwan like go ahead and
read it up those are factual statements that are coming out
from those countries stating,
we are ready to negotiate.
We're ready to drop shit down to zero.
We want to make fair trade with the United States of America.
We only think it's right that America gets to participate.
Anyway, you know what's funny?
They put out tariffs.
All these countries have tariffs,
but the United States,
Trump comes out and says the word tariff and it's a bad thing.
Think about that.
Trump literally is coming out now in office saying, yo, we're putting tariffs into place.
It's bad when we do it.
It's okay when every single country has it in fucking place and for those who don't well they
have some sort of system that is similar to it to go ahead and make sure that if the product comes
in it's taxed at least by 20 20 true facts look it up on chad gbc or or they have regulations in there which do not take on the
goods and products that we have here in the united states of america and that's the truth
i see an angel on the timeline i see a lot of people saying and i don't know if you guys are
really honest about this the bear market is Bro, what are you guys talking about, man?
What bear market are you talking about?
Where is this bear market?
I'm looking for this bear market.
Where is it?
Where is this recession that you speak of?
Where is it?
Guys, I love you.
I really do.
I really love you. You got fucking platforms you got platforms
you could do so much better i'm telling you you can really you guys can really stand out i'm
talking about if you guys nail down facts you can really stand out and i'm not taking shots i'm just
telling you the honest truth it's easy to go ahead and say this is going to zero when it's not any moment now trump can come out and say
well two things can happen one we just negotiated a deal with taiwan we're good
we just negotiated a deal with so-and-so we good. Every day, three to four deals being negotiated.
Trump comes out tomorrow and says that he's lifting tariffs.
The market starts to explode in an upwards direction.
So saying like we're done, wait until the next three years.
This is, it's so fucking whack to listen to.
It really is.
I just want to put this out there.
I personally don't care.
I can write out any market.
Bull market, bear market, choppy market.
Doesn't matter to me.
That's why you don't, my voice, not trembling.
I just believe that Trump, I think Trump and his entire administration have played their cards right.
They have.
Nobody wants to see red markets.
I get it.
I don't even know what.
Hold on. I haven't even looked at the markets.
Let's look at them.
Let's look at the markets.
Let's look at the crypto market.
Fucking look at him. Let's look at the markets. Let's look at the crypto market. Fucking look at this.
Total market cap is at 2.45 trillion.
Okay.
Bitcoin's at 77.
You know what?
Congratulations to Bitcoin.
Congratulations to Bitcoin.
I like what Bitcoin's doing.
It's showing that it's matured as
as an asset good for Bitcoin to withstand this kind of pressure and to still be at 77. God bless
Bitcoin ethereum has is back over 1500 okay here's the thing there are so many opportunities here to go ahead and buy i just want to say this
there's so many opportunities here to buy if you do have the money which you should have the money
because you should always have 10 to decide just in case events like this happen if you have that
10 like this is an opportunity to go ahead and get in and then sit back and watch it all go
fucking parabolic when it does.
I've been saying June.
That will be my thing.
Late May, June,
I believe
the markets will recover
and obviously
we have to have a V-shaped recovery
in order for the prophecy to be fulfilled.
That's all.
I think we'll have more growth
in the United States of America.
It doesn't happen overnight, of course,
because these factories need to be built.
But the biggest thing is
the investments.
We're up to almost, what is it,
from seven, I think it's seven to nine trillion dollars
is now being thrown towards the united states of america from foreign entities that have never
for the last decades have never even thought about investing into the united states of america
it's time we have a we have a president who stands on business
he's not moving off the tariffs he's already said i'm not moving and and china came out today
china's statement tells me everything the united states is trying to bully us
what's the exact quote give me a second let me throw this up here
let me throw this shit up here let me throw this shit up here
is it here you go
China describes
President Trump's tariffs as bullying
meanwhile
who's done the bullying
China has made a fortune
a killing
a killing off the United States of America.
You know, it's kind of crazy.
These countries should be saying, you know what?
We export so much shit to the United States of America, we need to make a deal with them.
Instead, they took this hard stance.
No problem. We can live through this kind of look at all the other countries they depend on us that's why the markets are
acting the way they're acting they depend on us by the way inflation is down the cost of eggs are
down gas is down inflation is down by the way those are that's a real stat you can go look that up
everything that trump has said he would do he's doing
and you guys also have to remember and we all have to remember as American citizens,
right?
Trump doesn't have time.
And what I mean by that is midterm elections are coming.
2026, right?
He doesn't have time.
He needs to do this fast.
And I think the entire administration was prepared to do this extremely fast.
No waiting, no giving the Democrats a chance
to throw a stick in the road for them to trip up on.
They have to do this fast.
And that's what they're doing.
And that scares a lot of people
because we have never seen somebody
or an administration move this fast.
I have never seen an administration move this fast
in my entire life.
And I've been in politics in terms of,
I've talked about politics
for a very long time.
I ran for office.
We're like,
I never seen shit move this fast.
And I think that's scary
for a lot of people.
The shit's moving fast.
Countries are saying
all these things,
you know.
But again,
look at the news. Look at their, look at the news.
Look at their, look at their press releases now.
Look at them.
Welcome to Crypto Talk Radio.
I hope everybody went outside though during the weekend.
I hope you just weren't fucking staring at all this shit.
Like, this is not good for you.
You just don't stare at this shit unless you're buying.
How many people are buying, though?
The good question.
That's one question I'm going to ask today.
How many people are actually buying this dip?
How many?
Maybe, honestly, this is a time to actually tell friends and family, look at the markets.
This is actually one of those times where you say, look at the markets.
I don't know because I don't want to speak for Trump.
I don't know, because I don't want to speak for Trump.
I don't know if this was intentional or not.
I don't know if this was intentional or not.
But Trump just gave Main Street a gift to participate in the markets.
He literally gave Main Street America a gift.
I'll battle anybody on stats.
Anybody.
I'll present you stats that you won't be able to get out of.
It's just the truth.
Good morning, Andrew.
What's going on
gmgm what up what up none y'all looking at the markets holy shit bro
well i guess kramer was actually right for once about the what's it called black monday or
something like that i mean we have black sunday i mean like it doesn't really matter like honestly this is again like you got
to act like warren buffett right now i'm being i'm being serious when i say that you we have
the approach we have to have in these markets is one that warren buffett has they don't rich people
do not wealthy people excuse me not rich wealthy people do not buy
shit in the green
you go look at their portfolios
they bought it in the red
these are the markets that they've been waiting for
if you think that Warren Buffett
isn't about to use
his money
towards buying up some cheap
ass stocks that are
really oversold,
think again.
I'm sure the announcement will come in a month or two,
letting you guys know that he bought up this, this, this, this, and this,
just like other wealthy people.
I'm telling you, this is actually a good thing from all perspectives,
all perspectives especially when you crunch that 88 of the elites
own the majority of the stock market the rest is for spread around from 401ks and whatever it is
bro that that's a that's a huge thing and out of those out of that 88%, guess how many of them voted for Kamala?
It's deeper if you go into this rabbit hole.
It's deeper.
It is deeper.
So what do you think?
You're thinking we start shredding up?
I think it's a V-shaped recovery.
But that's sold. I feel like it's a v-shaped recovery but that that's i can't that's so that i feel
like that's a huge a gamble like just thinking of v-shaped recovery will happen instead of us you
know maybe like going down a little lower and then picking up because obviously we know like
these volatile dips like this is what creates those like you know those crazy pumps you know
like when new money's getting you know know, rotate the other people to people that actually have conviction and stuff.
And you get the people that don't have conviction out.
So I don't know.
I'm not,
I'm not bullish.
I'm bullish short term right now.
I'm still very short term.
So we'll see.
So I wouldn't be bullish if there wasn't liquidity available.
There's a ton of liquidity available.
People are just holding back the
liquidity because they're trying to figure out when's the best time for them to go in.
We're talking about like, you know, the way I've been reading some of these posts out here,
motherfuckers are talking about the markets as if there's no liquidity available.
There's tons of liquidity available. Let me give you an example.
The Fed, when they raised rates, right?
I'm telling you right now,
I'm going to destroy anybody's argument
if they're just going based on mainstream media.
If you're going based on mainstream media,
do not come up here today.
Don't request,
because I will destroy and annihilate your argument the difference is is you should have been you should be studying unbiased material
that is available for you everybody here can get their hands on unbiased material
if you're studying this that's coming out on mainstream media you're
they built a cushion up the feds built a an enormous cushion up when they raised those rates
like fucking 90 times okay so if they really want to them cutting rates doesn't affect them at all
they have the ammunition
that's on fucking pal and the cronies over there to go ahead and say okay we'll go ahead
and cut rates more than just three times in this year inflation is down i'm gonna say this again
inflation is down i don't give a fuck what you want to say, but $4 trillion or $6 trillion needed to be wiped off of the stock market.
No, no, no, no.
Inflation is down.
That's real.
Inflation is down.
Prices are down in terms of eggs and gas.
And we can keep going.
It's down.
And there's liquidity. I feel like all the information is biased right now though because even people even trump even trump maxis though are like they got nothing like i'm a trump
i'm a trump this is not a trump maxi no no it's not true it's not true look at the liquidity
forget about trump i just told you in the beginning of this broadcast it says put trump to the side
i'm talking about look at the market forget about trump forget about it has a lot to do with it
because he can say tariffs and our shit's going down like 10 20 you know so like at this point
at this point he became political at this point but i number one i already told you guys if you're
if you're an influencer and
you're in crypto you better know your politics because those are the two major things go rewind
the tapes those are the two major things you're gonna need to know moving forward trump him saying
tariff at this point doesn't even work i mean it's done he's he said tariff so many times that the market has adjusted
like it won't affect anything now if he says i'm taking off of it i'm taking a tariff off
of a certain country markets go up
when there's liquidity in the markets you can't talk about a bear market it makes no sense there are there is massive liquidity in the market it's on the sidelines waiting
to come in at the perfect time what was it friday when what was the friday or thursday when people
bought what was it five billion dollars worth of worth of stocks. There's money. There's
money. So when you guys
talk about a bear market, what bear market
are you talking about?
Which one?
The best way to explain this is...
This is not a bear market. It's bearish,
but it's not a bear market.
That's the thing. There's only two types of markets,
David. There's only two types of markets. There's a bull market and there's a bear market. No, this is bear of markets david there's only two types where there's
a bull market there's a bear market no this is bearish no there's only one market andrew one
market guys this is bear it like right now you can say if you want to use the word bear you can
say this is bearish right now like bearish but it's not a bear market it's just bearish right
now i would even call it bearish i'm'm just trying to use, I'm trying to use your words to try to make sense out of it.
It's to me, this is just choppy times. It's a pause. That's it. But liquidity didn't go away.
The money's still here. The feds are holding massive money. Like at any moment right now it could even happen today the feds drop rates that's
an automatic that's an automatic injection of liquidity like when i hear these things it's
just like bro like what textbooks are we going based off of at least i took three days to make
sure that i can analyze all this properly and learn new things about our markets,
learn new things about how motherfuckers have been stealing from us
for decades, for decades,
starting with shout-out to Bill Clinton.
Shout-out to Bill Clinton for bringing in fucking China into the WTO.
Shout-out to him.
Let's go ahead and give him a round of applause.
What a major fuck up.
Would you consider a highly influenced political,
I mean, an asset that's highly influenced by politics
a store of value?
Which assets are we talking about, Andrew?
Crypto right now.
Right now, Bitcoin is highly influenced by politics right now.
So is that still considered a store of value?
If someone can say one word and make your money go down, how is that?
I feel like the narrative has changed it's it's stood at 77k i mean it's it showed you it's it's a mature it's
matured as an asset i don't know what more you you would want from bitcoin bitcoin has actually
showcased that it is an international asset it is everything that larry finn went ahead and stated it
was not that he needed to tell us but it's at 77 i guarantee i can probably tell you last cycle if
this were to ever happen bitcoin's not at 77 bitcoin has i don't know what Bitcoin is, but Bitcoin is a different, it's different now.
It's outside of that fucking bubble of Web3, air quote.
Everything else, we can go ahead and fucking talk about it.
That was Satoshi's vision from the beginning anyway.
It's becoming whatever he meant it to be, right?
It is acting as, you know, it's a store of value.
People are going into Bitcoin as a saving.
It's the truth, though.
The numbers don't, remember, people lie.
Numbers don't.
Look at the numbers.
People are going into Bitcoin and they're choosing.
It's kind of like gold.
When people go into precious metals and they look for a safe haven, they go into precious metals.
And that's how people are looking at Bitcoin.
So we should be excited.
I think Satoshi's vision was a lot bigger.
I think it was bigger than just it being crypto.
I think he was just trying to push an idea for people to seek freedom like actual freedom but but you said this the other day andrew like the the markets
they're evolving right and like who who knew that we'd have to go through so many growing pains to
right like you said something along those lines the other day i'm paraphrasing but i mean let's
be real here i think a lot of people when they talk about bearish and all these whatever concepts that those
concepts really are like on a shorter term time frame like if you if you want to get in and out
of the market then you're thinking all bearish and bullish and but if you're if you really do
believe in this tech and you really want to be here for the long haul you ain't caring about
bearish or bullish or whatever like you know what i mean like so you really got to ask yourself what
are you doing here what are you looking to get in and out real quick or you do you really believe in this tech right i
just feel like the people here like a lot of people here like even like at my point a couple
like last like you have to be aware of like a bull and a bear because this is like honestly this
like like this is like i'm and this is gonna sound wrong but i'm gonna say but this is like
like crypto is a poor man's game it's a poor man's
game so like if like at mid-year you you head into a bear market your bills need to be paid now you
now your money is down like how however much and you're you know you got to sell and take that loss
and also take the loss having to pay your rent so like it like you're speaking to like be aware of
the balls on the bears like first of all you you're not going to get wrecked. You're speaking as somebody who went 100% into any market, which you should never do.
So if your life depends on the stock market or the markets in order to survive, then you are doing it completely wrong.
That's why I'll make it a lot of people won't because you have to put have to put all you got to put 100 to something you believe in in order to get the max value out of if i put 50
50 to some other bullshit guess what i'm only gonna balance myself out at the end of the day
because the other the other thing didn't do what crypto did you know i'm saying so i don't know but
no but the older you get the more important you realize it's important to have like you know a
nest egg somewhere that's like you know some sort of security right like you know you got to be smart right like you know that crypto is volatile
right so it's like you got to really you got to think security doesn't give you a survival
that survival instinct in order to make the millions you need to make here like you have to
like you can have five hundred thousand dollars yo you can have five hundred thousand dollars on the
side while you go ahead and go for broke in the markets.
You got to be 100%.
You're going to go for broke though.
Like if you don't have that.
No, no, no, no, no, no.
You're going to go for rich.
That's slang.
That's slang I'm using from the days where I grew up in Brooklyn.
I'm talking about if you are trying to go and get all these millions.
about if you are trying to go and get all these millions let me let me just rephrase because
i use slang out and motherfuckers might not catch it but if you're going
into these markets and you're trying to make these millions
yeah i get it with me it's all or nothing that's not everybody else's mindset
but i know for sure you need to have money
on the sideline i don't know how you can operate without having money to where you can pay for bills
pay for a vacation get food like that doesn't make sense that's that's stupid if you are relying on this market to make money and pay bills on a monthly basis, that's insanity.
That shows me that people, when they're up, they don't scale out.
They just leave everything in and they take when they need.
Market starts going down.
Holy fuck.
That's not the right way to fucking go
about this business.
You're playing it wrong. This is not
Trump's fault. This is your fault.
The markets
will change at any time.
You know, motherfuckers
always look for somebody to blame.
Wait, so it's not Trump's fault?
The market's down right now?
Trump is restructuring the market. Always look for somebody to blame. Wait, so it's not Trump's fault? The market's down right now? Whose fault is it?
Trump is restructuring the market.
Let me answer this.
Russell, I love this.
Hold on.
Are you ready, Andrew?
Let me ask you.
Have you read?
Have you looked at our agreements?
Have you looked at the United States of America's agreements?
Have I read the whole agreement?
No, no.
Have you looked at the agreements?
No, but I'm saying have you looked at the agreements with all these countries? I've seen the stuff whole agreement? No, but I'm saying, have you looked at the agreements
with all these countries?
I've seen the stuff on the news.
Our agreements are horrific.
Terrible.
We can't sell our products
to other countries, Andrew.
But they can sell them here.
You think that's fair?
No, definitely not fair.
Okay.
So we're not bringing in revenue.
You know how we're bringing revenue into the United States of America?
Can I tell you how?
I had three days to go ahead and go deeper into this,
to go ahead and look at the numbers.
Can I tell you how much,
where the revenue is coming from?
And I want you to tell me if it's fair.
18% of the revenue that we take in
comes from the taxpayers.
So if you pay your taxes, Andrew,
it's coming from you.
You're paying for all this shit.
18%.
18%.
It's coming from us.
It's a high number.
We're paying for a lot of this shit.
You imagine people
selling their items here.
We're paying
the cost. It doesn't even
make sense. Who the
fuck runs a business like this?
We have bad agreements,
man. We have bad, horrible agreements.
China doesn't pay shit.
The UE, by the way,
this came through from the newsroom
and Russell.
Shout out to you, Russell.
Thank you very much.
Appreciate it.
UA is ready.
The UE, excuse me.
The EU, excuse me.
I'm sorry.
The EU is ready to negotiate.
So yesterday they weren't today they are so you see like it's working but you guys are so impatient and everybody wants instant gratification and i know motherfuckers are down i can take that into
the account motherfuckers who have 401ks. I understand you're looking at it.
You're down.
I get it.
It's understandable.
You don't want to see it.
I don't want to see it.
If I told you how many millions I'm down, you'd faint.
Okay?
You would.
And every other fucking person who has money to their name has been saying the same
thing patrick david he's down millions dave portnoy down millions bro like when you make
investments and this kind of shit happens you'll be down millions but you know what every single
wealthy person whether i've read whatever i've read currently in the last three days,
or people who I've spoken to have the privilege to go ahead and speak to,
short term, not even worried.
What is this to remind you of?
COVID.
When we had COVID, when the pandemic hit,
reminds me of the same thing, what happened with COVID.
And friends, Patrick David told a story.
His friend took out money.
He had 10, it was, his money was worth 10, I think it was $10 million.
COVID hit, it was down to 5 million.
He pulled the 5 million out.
Market within like a few days went ahead
and went up.
friend lost millions by calling
out early. This is a complete difference though.
That was a hoax.
He's really trying to change stuff up, get agreements
going with COVID. That was just a United
States PSYOP
in my opinion. That's why I was there because we were
able to get out of it. People don't even talk about COVID no more. It's gone. It was like psyop like in my opinion like, you know, that's why it's because we were able to get out of it Look people even talk about COVID no more like it's gone. It was like Ebola
And you like is my like info just flying
Over your head. Oh, I see what you're saying. I agree with you. America needs to be fixed
I agree with that boy
I what I'm saying is I don't think it's going to be fixed in this short term that we're gonna see some type of V shape
I think it's gonna probably did you not hear what i just said the eu just went ahead and buckled taiwan buckled fucking
vietnam buckled do you want me to go through a list everybody who said they would not do anything
has now buckled and they said they want to go ahead and make a deal because their markets are
suffering they need us we are the biggest buyer in the world.
We buy everything.
They can't go on anymore having these.
If Trump does not release off this tariff talk,
they will suffer bad, bad, worse than we will.
Okay?
It is a tool.
It is literally a tool being used to have them come to the table
trust me trump knows and the administration knows that they cannot keep this going for more than
let's say a month or two because they have midterm elections coming these countries won't be able to
survive another two to three weeks with their chest out.
China's the only one that can go ahead and say, you know what?
We'll print some money out.
That shit still won't save them.
You're not looking at the bigger picture.
This is not a liquidity problem.
This is not a liquidity issue.
There is liquidity.
So you can't call this a bear market.
It sounds stupid.
Anybody who says it's a bear market,
that's why there are very few people
saying it's a bear market.
Because it sounds crazy.
I don't get how that sounds crazy.
I just don't get it.
Okay, so it's not going to be in the market.
That makes no sense.
Temporarily within TA, right? If you really want to break it down. But in the end of the day, crazy i just don't tell me okay that makes no sense temporarily within you know ta right like
if you really want to break it down but like in the end of the day if you really want to like
look at ta2 we're still in a bull market right if you want to use these terms right like overall
macro bull market so it's all semantics really honestly but when are you guys going to say it's
a bear market at 50k? There will come a certain point
that comes a certain point
and if you're using TA
if you're using TA
you should know
there's a certain point that comes where it
flips from a bull
to a bear. That hasn't happened yet.
Can I get in here?
Go ahead, Hanoch. Good morning.
Good morning to only david gokstein you know the rest of you you know you get a decent morning but um no it's good to see you guys i hope you had
a great weekend uh touching grass uh this is liberation day was god's gift to humanity, God's gift to America.
I am so thankful to God for Donald Trump because he's willing to do what no politician would ever dream of doing.
He's upending the world order and remolding it into our image, into his image.
He's setting up better trade agreements.
He's positioning America for long-term health getting he's trying to get that deficit down he's at least trying and more important than any of
that like all that is whatever for me personally at the end of the day he's using tariffs as a
point of leverage to accomplish a litany of goals. And the one that I am most sensitive to,
most excited about, is the idea that he is going to break the back of the Fed and Jerome Powell
and force them to cut rates and engage in QE so that our bags will pump. And I cannot tell you
how grateful to God I am for Donald Trump because no other politician
would ever have the gumption, the courage, the genius to go about it this way. And only in a
second term Trump presidency could we ever see this revolution. And I can't even tell you how
bullish I am. I was literally, I had goosebumps.
There was a moment yesterday where a tweet on the Gox G Media account,
which if you're not following G Media, your number one source for crypto content,
commentary, analysis, and news updates,
if you're not following that with notifications on, bro,
you're just not going to make it.
Not when it's time to get rich.
And we are literally in the final weeks of this chaos.
And by this time next month, bro, we will have hit the bottom and we will be cooking because rate cuts and QE is on the way to save the day.
You know, whether Trump's plans work or not, it's accomplishing what needs to be accomplished.
And that is the demolition.
It doesn't scare you how sure how sure you are of this you know i'm saying last time i seen the timeline be like oh
like if this happens we're gonna pump like everyone thought oh trump gets in the office
we're gonna fucking skyrocket everyone thought that right yeah and what happened we fucking
tank so like well i just feel like there's still too much hope on the table for us to go up there's
no hope no hold on hold on hold on there's no there is no hope. Hold on. There is no hope.
There is no hope.
There is no hope in the streets right now.
All I see is panic. I see people
already packing up. I see people
deleting their accounts. I see people
they're done.
The fear and greed
index is that I don't give a fuck no more.
Okay, so
the hopium
shit, let me just say, I'm coming
from a place where I don't give a fuck if it's a beer
or a bowl.
I don't give a shit. I'm good.
So I'm talking to you
as somebody who has done unbiased
research, and I'm telling you
as much as a bull
tart I am,
if I saw like the market shifting in the
direction that you think it's going I would call it out but that's not where
it's going at any so what do you say let me ask you a question what are you gonna
say when Trump makes these deals right which he is already the united states is already making deals
and then what do you say what are you going to say when the feds i don't give a about the
feds cutting rates but if they cut rates it's great because it just it works towards trump's
favor with the tariffs great so if they cut rates and everything and then the market starts moving
up what are you going to say then when now more liquid is going to be injected into the market?
I'm going to still be here.
No, this is why.
I'm going to ask you to leave.
I said, are you going to still call this a bear market?
Well, probably not.
If we go back to all-time highs.
There you go.
We're playing the guessing game. We're hoping for a v-shaped upward scenario you
know what i mean like hold on hold on andrew can i answer your question for a minute ago you said
you asked the question like how could you guys be so sure you were this you had this much conviction
when trump got elected and you were proven to be wrong well hold on bro it hasn't even been a
hundred days yet just like it's like looking at a meme coin launch
and within the first two hours,
those pre-sailers dump,
but the devs plan it that way anyway.
Give them a week, let them buy that bottom
and send that thing to the billy.
Like, you're just looking at the chart.
You're looking at the one minute chart.
I need you to zoom out, bro.
Like Trump's ascendancy is going to lead to all time highs.
I just need you to get beyond a few months, number one.
And number two, bro, the reason why I'm so confident,
here's why I was wrong last time around.
I did not do homework.
I didn't do research.
I took soundbites from Bitcoin Nashville and used that as my thesis
for why I think we're going to hit all-time highs when he gets inaugurated in January.
It was hoping I'm based on no facts.
That's the God honest truth,
bro. But this time around, the reason why I have such conviction and excitement is not based on
Hopium. It's based on a lot of research and time that I've put in. And every single time in human
history that we have rate cuts and QE, every single risk on asset and even risk off assets
blow up and inflate because the dollar gets pumped into,
dollars get pumped into the system,
and those dollars make their way into quality assets,
namely crypto and Bitcoin, every single time.
And I cannot fathom that on a 30%, 40% dip,
coupled with the most pro-crypto administration,
that in that climate where mass adoption is
taking place of crypto across the planet while it's on a dip and we get QE and rate cuts that
we're going down even further that is not logical my guy so for those reasons that's why I have such
excitement it's not hoping it's based on like history and facts and I'm telling you right now
bro like it would be a bear market if there
was no bullish catalyst left. November 2021, right? We'd printed trillions by that point.
We'd already had all the rate cuts to near zero. The SEC is coming for crypto. We're over leveraged
near all time highs. In that moment, you can clearly see we're about to fall off the edge
of the cliff because there's no bullish catalysts left. But in this climate, we're on a dip. QE
is on the way. Rate cuts are on the way.
Trump administration is pushing forth legislation.
Mass adoption is taking place all
over the place. And we're on a dip, bro.
They're not going to put money into this?
To your first point, you
said that Trump's only been in
office for a little
over 100 days.
11 to 12 weeks.
Meaning that the jury's office for like a little over 100 days whatever 11 to 12 weeks all right 11 to 12 weeks right
the jury's still we think that the united states after all the that's went on for all these years is going to be fixed within a year that's not what i'm saying crypto is going to go up inside
of his presidency i'm not here to talk about i think it'll go inside presidency too but i just
think it's going to take some time for america be fixed, but then that to start being the main focus of...
No, crypto is going to move before America gets fixed.
Look at how fast everybody has...
Look, Andrew, do you not see...
He's doing his best in his administration to fast-track shit, right?
So if you look at what happened with the tariffs, right?
That day where he came out with...
He's like, all right, I'm going like throw tariffs on like every country in the world like
do you understand why he did that right like it's like he's he's going all in dude this time right
like it's his second term it's a mandated fucking thing you got the whole everyone's behind him
right like this is a big deal like and this is why i keep bringing like okay guys and you're
gonna see a bunch more of this kind of stuff you're gonna see a bunch of more laws being passed
bills being passed like the we're just not there yet okay you understand what the concept of
bureaucracy right that the fact of the matter here is is like shit takes time it just doesn't
happen overnight however you're not gonna sit here and say that some of the smartest most like
successful fucking like businessmen all these people right like surrounding trump all these
people that they're not advising that dude this guy has elon musk by his side you're not going
to tell me that he's not sitting there working with agi type shit like trying to conclude like
all right what's the best way to go about doing this let's come up with the best idea how we're
going to make this go the fastest way possible right like think about it this is a bias take though this is a bias take though because you're
overly you could i'm i'm i'm no i'm just saying i'm saying it's a bias take and this person no
yeah okay andrew andrew i got a question for you you know no no hold on hold on hold on hold on
hold on hold on time out guys time out andrew some people are bullish here. I'll tell you why I'm bullish because America is being fixed.
Okay.
That's why I'm bullish.
I'm bullish that.
but you think the government can make no mistake.
That's what I'm trying to say.
I didn't say that.
Did I,
did I say that?
Because the government obviously did make a mistake and that was inviting
fucking China into the WTO.
That was the biggest mistake that the United States government ever made.
Okay.
And outsourcing and building fucking plants elsewhere and not in America.
So yeah, the government can make mistakes.
You had Donald Trump talking about this 35 years ago,
way before he ever even had thoughts about running for fucking president.
He was on Oprah's show and he discussed this,
that he would go to Japan.
Okay.
You would not find a single American car there.
Okay.
All these countries feed off of us.
We can't send them nothing.
It's not free trade.
If America can't participate.
And I'm telling you from a European standpoint,
you will not find a fucking american car there man
maybe by maybe by luck there might be somebody who's a fan of an american car that they
fucking transported there and they paid the 50 tariff bro like our right now trump is in office
he's doing everything fucking supersonic speed to get shit done because he has no other choice.
He can't wait.
Okay.
He can't just put something out and wait.
No, he has to do it at a frantic pace.
Okay.
In order to not have Democrats meddling shit because, you know, all they're doing is on a Saturday protesting in the streets about, oh oh my god elon has taken out all the fraud
out of the government this is what we're protesting we got people that are protesting
about how we're eliminating the fraud and the wasteful spending no we need more wasteful
like this is the liberals this is the only thing they can fucking talk about.
Andrew, we needed to have somebody with balls that will come into this motherfucking office and say, you know what?
We're rewriting these fucking deals.
America is going to take on revenue.
Okay, because it's fair.
If you make revenue, we're a business, right?
We're a business.
We're supposed to make money.
We're not making money.
The only reason why we got money is because it's fucking taxpayers.
That's not right.
That's not right.
Okay, and now we're stuck.
What is it?
Where are we at now?
$37 trillion deficit.
I mean, a trillion dollar fucking debt.
$37 trillion.
Look around the world. See if they're in a fucking 37 trillion dollar deficit and they're milking us bro none of
it makes sense for andrew andrew i'm just wondering like i'm i'm doing everything i can to not be
biased but like help me see what i'm not seeing what negative catalyst is coming that is going to send
this thing to 40 30k bitcoin what's coming qt is that what you're saying is coming is it high rates
is this you know are they going to provide anti-crypto legislation is the sec what is the
negative catalyst that you see that is going to send us lower from here i think i think this i
think we're going to see the worst recession we've ever seen. I just think people completely don't have money.
The housing market in some places was completely inflated.
Let's say Florida is going down.
House are being sold at the lowest rate.
Rates are down now.
Rates are down now.
Andrew.
Are you not watching?
I'm looking at data right now.
I'm looking at data.
Yeah.
Well, you're not looking at the race.
Well, hold on a second.
Andrew, you do understand that
recessions are from here on out impossible.
You understand that, right?
You think that when they have the nuclear weapon
of quantitative easing and rate cuts
that they're ever in the history of this country
from here on out, you think they will ever allow
12% unemployment and a 30%
foreclosure rate ever again?
It's over, bro.
That spiral of America or the Great Recession, Great Depression stuff is over.
Because at any given moment, if things are bad enough, they can break the glass, hit the button,
and all of a sudden stimulate everything, hand out checks, and send us higher, bro.
So I understand, Andrew, what you're saying.
If things were to continue as they would,
then yeah, bro, we have reason to be concerned about a recession.
It is impossible moving forward because at one click of a button,
they can send it all higher. It'll be just fine.
But then, David, you said that the elites or something
probably have like a crazy supply.
88% of the supply, right?
What do you usually got to do to get those people out?
88% of...
They're getting out now.
I don't think they're fully out.
They have 80%. I don't think they're getting out now.
That number is going
down because now there is an opportunity
for Main Street to get in
to the markets at a cheap
price.
So you're not going to have 88 gonna have 88 control 46 of it foreign entities
bro like i've been studying this for three days you know if you looked at these numbers it is crazy
nobody's talking about the stock market regular people aren't talking about stock markets okay
you're talking about the stock market regular every day a motherfucker making
fifty thousand dollars a year is not talking about the stock market i'm telling you right now that's
not the conversations they're having you're having that conversation because you're 100 percent into
crypto well it's crazy my one of my mother-in-law and stuff, she came up to me. She actually showed me her 401k and stuff like that.
And dude, they're down insanely right now.
Hey, if they're on an aggressive program, they're probably down.
If they're on moderate programs, they're probably not down as much.
There are different 401k programs that you can go ahead and take on.
That you can either make a lot of money on
because you're aggressive on it or you're not. Andrew, what happens if they announce QE and rate
cuts 30 days from today? I think it'll be a bull trap. And I think that'll be the confirmation.
Okay, let me ask you a question. Has that ever happened in human history? What you just said right there when the last two times in your lifetime where they did radical rate cuts
Is that what took place in the last rate? I don't know if I'll look it up. I think the last rate
We went up and then we crashed out my brother in Christ
We I will tell you what happened. We got to redefine words here. No, no. We got to know timeout.
Hold on.
We got to redefine fucking words here.
A crash where?
What does a crash now mean?
A dip.
Are you talking about a correction?
A pullback?
Because a crash to me is like what happened in the early 80s where the fucking market just went to fucking zero like
are we talking about these kind of crashes no no no no there was a stock market crash
there was a no no no there was a big stock market crash well what about 2008 yeah those are crashes
20 and below is it considered a crash inside? Okay, but like you know, but like right now if we go back like 3% we're considering things in this fucking ecosystem
No, David, it's not 3% David. It's been 15% over the last week. No, no, no, no, no
What I'm saying is hold up one second
The last cut the last cut had us go to 109 if we're talking about Bitcoin, right? We're talking about Bitcoin. Yes. Yes
Okay, last cut
sent this to 109
And the last cut was
Fucking how trying to pad up the stats to make Biden's administration look fucking great
And then go to March 2020 Andrew, yourew you know we sent for like 18 months thereafter
that wasn't a bull trap dog that's crazy well quantitative easing and rate cuts is the easiest
trade to play in your lifetime bro the moment they announce it which they will this thing goes up and
it goes up into the right not for 20 days not for a bull trap not for 45 days like until they stop
qe and until they stop rate cuts
It'll just keep going up for context. I am a miracle
For context, I I am long-term bullish on Bitcoin. I have not sold my dick on hold my big one. I
Know yeah, like just sold audience. I like I'm not bearish on crypto, you know, just like yeah
I'll just like yeah, you're trying to find this shorter. What's a bear market? What's a bull market?
You're trying to find I'm just short term. What's a bear market? What's a bull market?
It's very simple then my question is simple is the liquidity in the market
We're losing liquidity actually every day with these crashes, but it doesn't matter
It's irrelevant because like once those rate cuts and QE gets announced like infinite liquidity comes in
once those rate cuts in QE gets announced,
infinite liquidity comes in.
Another thing I would say...
Without the rate cut,
if Trump were to announce right now
he's taking tariffs off,
what would happen?
We go up.
Rate deployment.
Not as high as we would as rate cuts in QE.
We'll just get back to the levels we were a month ago.
But yeah, we will definitely go up from here because we're on a dip.
So my only thing to everybody is you can look at these markets right now.
You can come up with your own thesis.
Honestly, I'm not even trying to change your opinion.
I am really not trying to change anybody's opinion at all.
I voted for this, and I want this.
That's the difference.
I want a healthy America.
I want fair deals in place for both sides,
whatever countries doing business,
vice versa.
Like we should have fair trading rules and it should be,
you know,
if we are the biggest you know we are the biggest
buyer in the world we should be treated fairly that's it and the companies that grow here and
then outsource no their asses need to think twice before they do that okay they need to be creating American jobs. If I need to pay fucking $30 more for a fucking iPhone, so fucking be it.
So as long as it's made here by American workers, man.
It's deeper than this.
I understand motherfuckers lost money and motherfuckers want money.
I get that.
But for me, it's more so like i voted for a healthy
economy and i know that trump can give that to us trump has surrounded himself with smart ass
fucking individuals that will run circles around this entire room so i'm going to trust them that
they will go ahead and deliver us that economy. At least attempt to.
Except Eric. Don't trust him.
I'm mad at him.
What it takes to get that economy you're talking about is what I think
is going to completely
abolish the middle class.
I think going through this
process, there's not going to be any more middle class.
We're just going to have poor...
What are you talking about?
Middle class doesn't exist
What middle class are you talking about?
Middle class don't exist
Middle class didn't exist before you were born
Andrew, Andrew
Bro, the middle class is gone
It's been gone for 15 years
15 years we haven't had a middle class
See, what are you talking about?
Your whole life
So you're telling me we all just poured here.
No, there's either poor or rich.
There's nothing in between.
Yes, that's exactly right.
That's exactly right.
Dude, Andrew, you don't know that, bro.
Bro, you're from New York, Andrew.
Ready?
It's $250,000, okay?
In order to live in New York City, you need to make $250,000, okay? In order to live in New York City,
you need to make $250,000 per year,
and that's two people working,
and that's only for a fucking two-bedroom apartment.
Bro, there is no middle class.
There are no incentives to have a small business.
That has been long gone.
The average American can't pull up $1,000 on a dime, bro.
You understand that, bro?
There is nobody less, dog.
You have to be making $360,000 a year in your household to be considered middle class.
$550,000 to be the 1%, dog.
How many people in this country are making $360,000 right now?
That's because of inflation.
$400,000. I'm just frustrated that my generation and millennials How many people in this country are making right now that's because of inflation
$1,000 for three that art that my generation like and like
Millennials and like early millennials have to go go through this process right now. Like we're the ones game fault Yes, I'm saying like yes, that's why I'm like yes
All the old money is not mad right now because you already got a lot of old money has money already like
Here hold on of old money has money already. Like, we're going... No, no, you're wrong. That's exactly right.
Here, hold on.
See, old money... Some of the old money actually gives a fuck about you, right?
And they're willing to go ahead and take this on in order to see this economy be fucking healthy.
Because there are some elites, no doubt about it,
that don't give a fuck.
They don't give a fuck.
They have the money to withstand all this shit.
And they'll still continue to make money
throughout all this.
Andrew, middle class disappeared 15 years ago.
Okay?
There is no middle class.
Small business.
You can take the Great Recession for that.
Yep.
I run a...
I'll tell you, i have a business right
you know what we get taxed like fucking crazy there is no one i'm gonna tell you right now
there is no incentive to have a business i'm i'm keeping it 100 with you when people come out at
all i got this media i I got that. Great.
I'm sure you enjoy your 45% fucking, yo, 45% over the fucking head taxes, bro.
What's the point?
Like, sometimes I really sit back and be like,
yo, honestly, like,
I don't even know what the fucking point is.
And motherfuckers want to talk about
there's a fucking middle class there is no middle class
small business and middle class which honestly with small business and the middle class
we thrive if they're alive in this country when we allow when we incentivize small business, we thrive. They produce more jobs than anybody else.
Unfortunately, we don't have that.
We don't incentivize.
We have the poor and we have the filthy rich.
That's it.
Period.
This is not about being a fanboy of Trump.
It has nothing to do with that.
I voted for this because I want our economy to be fixed
for generations, bro.
This is generational shit.
This needs to be fixed.
You can't keep on every single time a recession comes,
we put a band-aid on it. Do you know that?
Every single time there's
supposed to be a recession, we put a
band-aid on it. It's time to stop
putting band-aids on it.
It's time to have an economy that doesn't
need to go through recessions.
People are trying to get away from the fucking dollar
because of that
you don't want to be middle class bro
you don't want that bro
you want to be 1% bro
if there's somebody that you know
who you think is in the middle class right now
first of all you want 1%
afloat by credit cards and other debt
if you have over
$400,000 well it used to be if you have over $400,000, well, it used to be.
If you have over $400,000,
you would be considered the 1%.
What?
That was like in the 90s, David.
I'm about to say.
No, no, no.
No, no, no.
Hold on.
No, no, no.
I'm serious.
100K is like 10 bands now.
$400,000.
Hold on. I don't even get... $400,000. Hold on.
I don't even get...
$400,000.
Okay.
Five, six years ago, you were considered to be a part of the 1%.
That's right.
That's exactly right.
And the data is there.
I mean, like, go look at it.
If you want to classify what the 1% is, I'm not saying like, oh, my God, that like you got crazy money.
Listen, $400,000, depending on where you live, you're a multimillionaire, bro.
All right.
We were talking about definitions earlier, right?
Now, let's talk about this.
Like, OK, you're talking about the on paper 1%, right?
Like, but we're not when people say like the 1%, right?
That's not necessarily, quote unquote, who they mean and stuff. Right. Like, but we're not when people say like the 1%, right. That's not necessarily quote unquote who they mean and stuff. Right.
So I think that, well, I think you bring up a great point actually, David,
in that sense. Right. When we, when we talk about, when you say 1%,
what that really truly means underneath it all is, is the tax bracket. Right.
Like, so let's be real here. If you want to use those terminologies,
like let's use it in the real sense. Let's, let's not like.
That's what, that's what's written down what you guys have what we as a society now look at as the one percent
is anybody who has a million dollars and over but that's what's you that's what's that's
unofficial that's what you guys say that's your perception that's pushed out that's it has nothing to do with what's written on paper
I go based
on things that are like written on
paper I don't go based on what's said
on social media like
that's really it like
if you're basing like right now if I
read social media I would think like the world
is coming to an end
like if I'm basing everything
based on social media i'm thinking that we are in the fucking we're in the uh second
we're probably in the great depression right now 100 the way that shit's being read out here
or typed out we're in the great depression boys and. We're about to be on the corners with each other getting fucking free soup and shit.
That's the way you guys are coming off.
But that's the way I would describe the...
You know when you say the poor...
There's only two classes now.
If I thought it was that,
it would be like Hunger Games type of shit.
I think there's still a middle class.
I just think that it's be like hunger games type of shit like i think there's still a middle class i just think that you know it's it's gonna it's gonna be evaporated like over the years right
like if this goes on i just don't see people surviving like we we just went through covid
people lost so much money people are in hella debt uh people's houses are going down uh if
they were invested in crypto or the stock market, their money's also going down.
So they're not even sidelined.
I think retail is here.
Retail is dumping currently.
I don't even think the fucking big guy. Retail is not that.
I think retail can't cause this effect on the market.
Come on, Andrew.
You got to be smarter than that, man.
Retail cannot bring the market.
These are the elites, bro like these are people who
have money money that are doing this not like not not your not your neighbor ned okay your neighbor
ned ain't doing this by the way i just wanted to update real quickly collectively sell or buy like
we have retail does have a big impact on the market.
Yeah, but not this impact.
Not where it causes the entire world to go ahead and go into fucking double digits.
Let me just read something real quick from Trump.
The United States has a chance to do something that should have been done decades ago.
Don't be weak, Andrew.
Don't be stupid. Don't be panicking a new party based on weak and stupid people.
Be strong, courageous, and patient, and greatness will be the result. That comes from Donald J.
Trump's true social account. And there's another one.
Countries from all over the world are talking to us.
Tough but fair parameters are being set.
Spoke to the Japanese prime minister this morning.
He is sending a top team to negotiate.
They have treated the U.S. very poorly on trade. They don't take out cars, but we take millions of theirs.
Likewise, it has to all
change but especially with china his focus by the way all these other people are coming to the table
but his biggest focus is china he is going to make china submit he is definitely going to make china submit but the ue now excuse me the eu
know why i keep on saying that the eu you got japan now taiwan vietnam i keep going
they're all coming to the table they don't't want none of this. Their markets are fucked.
I don't like that.
I need more pain longer
so we can get to those rate cuts.
We need this to last about three weeks.
No, the rate cuts are coming, though.
The rate cut is coming.
Right now, they're having that meeting.
I know, but I don't want to wait.
I don't want to wait until June.
First of all, the Fed right now.
So I'm kind of disappointed with the Fed.
The Fed, they have an opportunity because they have ammunition from all the fucking,
all the fucking raises that they fucking did.
They have plenty of ammunition to go ahead and cut a rate.
You know, three or four times.
It doesn't matter.
They can do it and it won't hurt them.
You know what, David?
Bro!
What?
My bad, dawg. You just made a light bulb go
off in my head. These motherfuckers,
bro.
We had all-time highs.
Market was beautiful last
fall and they cut rates for
that bastard.
The Democratic March it was beautiful last fall and they cut rates for that bastard for the Democratic
And they want to act like oh, well, you know things are sufficient and we're fine and blah blah blah
Bro, that is so wild. I didn't even put that together. These guys are partisan. That's crazy
I've been saying that nobody's listening but like again
I said back
I only I opened up this I want to
just say honestly I only opened up the space
at 830 because like I'm reading the timeline
I kind of like you feel bad I really do
I feel bad
there's like a lot of like I don't think
anybody has taken time to actually
learn about how any
of this shit works so they're going based on whatever the next person says.
And I can understand that.
Like it's social media.
You're friends with somebody,
you're following somebody and you're going based off of what somebody else
is saying,
but you're not even studying it yourself.
Like you should be jumping in and learning about it,
especially if you trade or you would invest for a living.
How can you be going based on somebody else's fucking thoughts?
It's crazy.
Hey, it really is.
If there was no rate cuts or QE coming, it's the end of the world.
But, again, like I said in the beginning,
the feds have an enormous amount of fucking ammunition.
And once they start to apply it liquidity comes there is liquidity that's why
like that's my argument with you andrew is that there is liquidity in the markets so it's this
is more like people are sitting back and just waiting for the right time to get in others are
just getting in because they're like holy fuck like i didn't these these fucking prices are
fucking great i'll pick up here i agree they're definitely waiting
because like bro even right now like i have capital to buy bitcoin but i'm not buying bitcoin
after i bought it at 20 25 000 a month i'm not buying it right now i don't think a lot of bitcoin
maxes are buying bitcoin not even sailors buying bitcoin right now so i don't know what they're doing i know that i i bought i didn't buy bitcoin i'll i'll probably
buy today or tomorrow it all depends but i've been buying other stuff i've actually gone into the
i've actually gone into the stock market to pick up a few other things only thing i've been buying
is for so that's all i've been buying is for corn anything else and go andrew what's up
are you buying anything else besides are you saying I'm not deploying a Bitcoin because I'm investing in something that'll give me a greater return is
That what you're saying? No, I'm just not I'm not buying Bitcoin just because I just feel like it's too high for me to want to buy
Right now like I bought
I swear to you you will never no no you never going to see 25 again in your life.
You will regret these moments right here.
Because when that Bitcoin is worth 100 mil, when your kid retires, bro, you're going to look back at 25K, 75K, 500K.
Bitcoin will never be worth 100 mil.
That's crazy.
But Andrew, Michael Saylor is buying, bro.
He bought two weeks ago.
Oh, my God, bro.
That's crazy.
What a crazy thing right ago. You're saying
Bitcoin's going to be worth 100 mil?
Dude, that's not even possible.
Bitcoin is going to be worth a billion dollars
when my kid retires.
I swear to you.
I agree.
One social is going to equal $1 worth.
This is physics.
Can we just make it 69?
It's physics.
As long as these countries keep renting money.
Michael Saylor bought Bitcoin
Two weeks ago
That was two weeks ago
At what 86,000 I believe
87,000 was his average
He bought at 100k
He bought at 100k
It doesn't matter when Bitcoin is going to
150 mil in our lifetime
It doesn't matter
Well for me I'm just like you know
you gotta think about the capital you have now party call the panicans okay um just you know
reach out to me we're meeting in miami hinnock you're invited obviously bring your bodyguards
and your whole entourage.
I don't even know what the fucking panic's for, man.
Y'all are walling out.
Y'all should be, you know, you guys should be panicking to figure out where you can get more money to buy more shit.
That's right, David.
That's right, David.
The only ones I see panicking on my timeline
are ETH Maxis, right?
When they bought, when Eric Trump tweeted at $2,900 and said,
hey, this is a great price, buy Ethereum.
And now Ethereum dumped to what?
Yeah, but that's the same thing when people told you to buy fucking Bitcoin at $68.
They want to come to a deal.
The market's sending.
Let's go.
Let's get it.
Let's get back on the rocket.
Real quick, real quick.
I'll start off for 30 minutes. Andrew, if you already have 6 to 12
months in the bank or whatever, or to the side, and you still have additional capital on the side,
I really, really, really, really encourage you to consider taking
a slice of that at a time. DCA-ing 10% of that bag
at a time. I'm telling you, Andrew, and I don't
know if it's because you know your age or
what bro you get these moments in life once every half decade once in a decade these price points
bro they when they turn that printer on bro you will see we will never see these numbers again
i'm not telling you to dump your whole bag in i'm not telling you to even take 50 grab 10 of your
post 12 month allocation dca a little bit at a time these price points are a
miracle bro and i'm telling you bro there's going to be a version of you that exists six you know
12 18 months from now and he's going to wonder why you sat on cash on a crazy dip right before they
turn the money printer on which they won't do again for another five to seven years no but hold
on hold on hold on hold on hanok you can't tell andrew on. Hold on. You can't tell Andrew.
So here's my thing. You can't tell
Andrew what to buy.
And I'll tell you why.
No, I said consider.
No, no, no.
I'm going to tell you why.
I'll explain why.
Because he
and this is no offense to Andrew, but he hasn't
done the research. I can tell.
And Andrew's a smart kid
So I'm not I'm not putting him down in any way
That's not a shot Andrew at all
I think if you actually sat down like I did like I was actually having a I said
I'm taking weekends off because there's no reason for me to be here what to try to catch like one plane like that
That's stupid
But I'm sitting out there right I'm chilling in the sun and I'm like reading shit and like learning right now,
especially like right now about everything that's happening.
Once you get to that point and you start listening to a lot of wealthy people
talk about this,
look,
I'll point out Patrick,
but David,
he went ahead and just,
he gave you guys a fucking really great fucking explanation.
It was five minutes, a five minute video.
I would definitely check it out.
I think once you get a grasp of it, you'll be more comfortable in doing whatever the fuck you wanted to go ahead and do.
Like, I'm, I'm going to fuck up where, like, I, i don't want to talk about my dca or where i stand
in terms of bitcoin but i'm i'd buy it right now i'm just i just want to use some of that money
right now in order to get like some stocks yeah i i like stocks and then also obviously get some
um I don't know I'd rather I'll probably go with eat first before I go with Bitcoin that's all
i don't know i'd rather i'll probably go with eat first before i go with bitcoin
I have 1500 1563 right now I I rather I'd rather get uh you know some ETH here pick up pick up
some Solana yeah I think I'm going with Solana I'm going with these on my plays and then I'll
probably go ahead and scoop up you know Bitcoin hey but that's how i'm looking at the
markets and this is for everyone six months from today you're gonna have speakers on this stage
and i swear to you on everything that is right and good bro they will say oh yeah you know that
week where everyone was losing their mind because of tariffs i deployed a mil that turned into seven
mil because swede did a 7x or solana did a 7x or xrp you know mix it up to whatever you want
bro excuse me whatever you feel conviction on that's gonna last bro bitcoin even bro it's gonna
be a 7x 5x 3x and they're gonna turn a mil into sets to eat right now bro it is so easy to see
because the rate cuts in the fall bro you're not getting this moment again bro it's such a miracle
bro i hope you recognize that you know if you're right then yeah i like i have money i got money
right now like ready to buy like the dca you know i'm just waiting for like my rangers you don't wait
you don't wait it's the stupidest andrew i love you but you don't wait you look
you look at bitcoin bitcoin's about to hit 80 000 you don't wait like this the market
the markets are unpredictable bro like i'm telling you you don't you know this the market the markets are unpredictable, bro
Like I'm telling you you don't you know what? Let me shut the fuck up
They you know what I made my money not Bitcoin at 50k and when I buy it
No, no, no you should buy whenever you want
Yeah, hey listen, I'm sold by a Bitcoin once a 40 that wouldn't scare me
It could go to 20. It won't scare me. I don't know if it's going back to
It could go to a mil I'm buying Bitcoin at a million guys
When this thing goes to a hundred mil in the next 50 years, it doesn't matter bro because what are you gonna do?
You're gonna say oh, you know what? I can't catch 120x
So I'm gonna turn down a 67x so I could sit on cash and make a point 2x over 20 years. That doesn't make sense
I'm telling you man the markets the markets
the markets the markets the markets y'all sleeping on the markets i don't know i don't
know what to say man you guys play this game right for me because i go for i go for coin i go for
for like more coins you i think you guys go for more cash value in your in your account like i
go for more coins like so if i if i got if i to wait a couple months so I can cop a whole coin, I'm going to do that instead of like, you know, I don't know.
Bro, there are a lot of people that are taking on a different strategy this cycle.
This cycle, people have gone into like the old coins.
They're going to make their money in the old coins.
And then they'll, once there's there's a you know obviously a pullback
on bitcoin they'll go ahead and buy bitcoin i have no problem with that either i mean you could do whatever the you want andrew i i love you dog i really love you dog but i'm telling
you right now that strategy just doesn't work i'm gonna say it very nicely what you should what you
should make your primary strategy is number one capping that downside meaning what are you
investing in that has the least likely probability of going to zero?
That's the first consideration.
Don't lose money.
And then number two is how do you compound X's
while still maintaining...
Because you're playing, you're done with the trenches, bro.
Yes, this is financial advice.
You're done with the trenches, dog.
You're a multi-millionaire, bro.
It's over.
You're not playing that game anymore.
Now, you're protecting that wealth while still multiplying
I just want to say I got ripped apart because I said
Hold on. I'll tell you when I said this to it's either a day or two days ago. I just don't remember
But I said that watch the Fed call an emergency meeting
Emergency meeting.
They called an emergency meeting, right?
They called an emergency meeting, right?
And watch them come out and say, I don't want to jinx it though, but watch them come out and say something.
No, no, no.
For the record, I want to hear.
I want to just so I can tell you you're right.
What is it going to say?
No, no, no, no.
I said 19 hours ago, I said, I've got a feeling pal's about to drop an emergency
rate cut that's what i said no i give it to you did you did tweet that i saw that you did
i got so much shit for that i and people think that i i want i don't want a rate cut hold on
so hold on and this is where you motherfuckers will bash me hold on hold on i think a rate cut is great it's like a cherry on top right that's how i look at it i want our broken system to be
fixed right the economy needs to be fixed right the tariffs are a tool to help us fix these god
awful agreements and then you know once that's kind of like done and you see like more countries
look at them they're all coming to the table.
That's why the markets are reacting the way they're reacting.
You got fucking countries that are just like, yo, you know what?
We're not playing this fucking game.
America, this fucking guy, Trump is crazy.
Honestly, if I'm the president of a country, I'm like, this motherfucker is crazy.
Let's zero tariff everything.
Let's make an agreement.
That's me.
Okay.
This motherfucker is crazy. crazy like you don't
know what trump's gonna do he might hit somebody with another 50 out of nowhere so but the rate
cut on top of that of course it will be nice it's a nice injection of liquidity it makes all you
crypto bros happy anybody who tells you we're so back needs to be absolutely suspended.
Their account needs to have either a tariff put onto it or suspension.
Okay.
Those words literally, anytime that shit is mentioned, we go to zero.
Right.
That's worse than Trump saying tariff.
Can we just pump it up?
We're almost there.
Can I just mention something?
$80,000, ladies and gentlemen. Bitcoin is back to 80. We're almost there. Can I just- $80,000! Ladies and gentlemen!
Bitcoin is back to 80!
We're back.
1600 Ethereum!
Stop it!
Enobu stop it!
The political party called the Panikins.
It's because of us.
No, we need more pain.
We need more pain.
This is not good.
Let's go.
We're here. We're finally here.
Yo, fuck it. I'm full-time David. I'm, we're finally here Hold on
Hold on
You're about to curse this whole market
There's rumors coming into
Well, I'll class this as
Rumor, man
I like Gmedia to announce this
Okay
I don't know, man
There's rumors
that Trump
might consider a pause
on tariffs.
Terrible.
Hold on, hold on, hold on, hold on.
On all countries
except for China.
That's bullshit, bro.
I don't know about that one.
No, but hold on. He's... I don't know about that one. I don't know about that one.
No, but hold on.
Hold on. Hold on. Hold on.
Hold on. Hold on.
Hold on. But hold on.
Let me go ahead and just...
Let me clarify something.
Let me clarify.
Because others jump out and they just hit you with that.
That's based on negotiations.
So a lot of these countries obviously have made the phone call
because, look, they're suffering.
You see their markets.
They're fucking... It's terrible. they're probably working out a deal to they're working 100 on a deal to make it fair that's it and that's that's fine i'm okay with that i wanted to mention
this earlier actually i think this is extremely important in regards to the talks that uh trump
had this morning with the prime minister ishiba from japan
right so or this is this is part of all this negotiation stuff right like so i think it was
actually yesterday was mentioned to the press that that there would be talks about this and
supposedly there was some sort of an agreement that was made this morning but basically what
the idea here is is not only is japan like totally okay with what's going on here,
they're actually trying to figure out a way to bring jobs to America or strengthen, you know, the American economy through Japan, like from help from Japan.
Right.
So that is maybe going to set a new precedent going forward, perhaps with a bunch of other countries like you know of them participating not just like being okay with their terrorists but actually like
participating to strengthen our economy as well somehow right so that's that's so i think that's
the biggest thing that needs to be talked about now everybody has to go ahead and we all need to
acknowledge that the fact that it's not just it's not just the trade it's for them to invest into the united
states of america and that's what trump is going for and if you hear most of these discussions
like vietnam has agreed to that taiwan has agreed to that japan obviously has talked about that
the eu will definitely go ahead and these things are now happening in real time. That's why like he has beef with China though. I gotta tell you
Trump got beef. He got the East Coast West Coast beef with fucking you China. Absolutely. I fucking
I know 100%
Guys we're standing right now. Holy shit. This is bullshit
Because America Right now, holy shit, this is bullshit This is bullshit We're sending because America
Because America
Okay, sorry
We stood on business, but I'm not getting ahead of myself
This is terrible
No, it's not enough
I just full ported
Yes, it is, bro
I just took a loan out at JG Wentworth
Let's go
Hey, anybody buying right now it's gonna look like
a genius i'm pissed off bro if you're taking cash advances out you know i'm saying cash advances
okay andrew's taking out cash advances right now you you realize this isn't good right you guys
like this is not good it's bad for trades we need the tariffs to stay in place and it's not good so bad no no no no hold on hold on hold on i don't think they're removing the tariffs okay
like that's not why this we're saying he better not remove the terrace with something because
because there's positive news of him talking with other countries that that's and i believe
that there are a lot of countries that do not want any beef, bro.
None.
And they want to work with us. Oh, you have to look at them.
They will.
And they'll come to the table.
We needed to fucking do this.
I don't understand.
How, as an American, can you say,
this is horrible.
We shouldn't do this.
You know what it is?
Like, I've been listening to fucking liberals because I needed to get the other side of the story.
Liberals are saying, oh, my God.
And I get this.
I get the whole 401k situation.
Okay, fine.
But, oh, my God, he's destroying the economy.
Motherfuckers.
We would have no economy.
They propped up the fucking economy.
We were going. You wanted a recession?
We were going there, man.
You know how proudly Democrats were talking
about this?
What are you talking about?
Even before
Trump took office, they were talking about
how a recession is coming.
Go play back the tapes.
Democrats.
The market was at all time high.
No, no, no, no, no, no, no, no, no.
The market was broken.
We need to refinance our debt, bro.
What are you talking about?
Inflation was coming down.
Okay, the debt was a problem.
But outside of that, the unemployment was all too low.
Bro, do you know how much money we had to refinance?
Inflation was coming down.
We were fine.
What do you mean?
We weren't fine.
We were not fine.
We're still not fine.
The fuck are you talking about?
What was our unemployment last year?
Bro, 4.2%.
That's great. That's great.
That's unreal.
It was at two point and change when they put it out there for Biden.
And inflation was sub three.
Like, bro, we were not in any sort of anywhere near.
Like, we had no issues.
Like, we had macro issues.
Like, the debt, obviously.
Like, major issues.
But, like, when it comes to the average person, it's not like there's it's like the great recession
Yeah, let's not look at the 37 trillion
Let's let's let's not even look at the two trillion
The two trillion dollar deficit. Let's not even fucking talk about that either
I got you bro, but the single mom who's trying to put food on the table
The single mom who's trying to put food on the table Like all that or whatever as long as she has her job. I get what you're saying David, you're right Motherfuckers, single mom, everything would have been on the streets in the next couple of months
If Trump didn't do nothing
No, that's not true
Alright bro, listen, I do agree with you that ultimately yes, these things matter the most
I'm just saying like on a day-to-day level like bro, the market was fine, everything was fine
Like in regards to numbers and employment like bro
they're so inflated from covid bro these aren't real that's real that's hey that's real bro these
numbers have been inflated bro like literally inflated tell me how tesla would work like
420 when nobody could drive a car and they're gonna do it again and they're gonna do it again
They're gonna turn those money printers. No, no, no, like that's the whole thing there. He's trying not to do that
Also, they're done print. No, he's actually trying to do that. I'm done. I I give up
No, I give you David you need to listen to what the man says. What does he want?
I give up
That's what he said. I'm quoting him bro. Oh my god I'm just full port you better not give up now What does he want
I just full port you bird I give up though
You full ported and the market went down
The market fell down the markets went down and he full port
Literally this He better keep those tariffs on we need more pain. This is not good. Like we don't we don't need a ride. I rely
You better keep those tariffs on.
We need more pain.
This is not good.
Like, we don't need a rally right now.
All right, relax.
Relax.
Hanok, Hanok.
I get you're going for shock value.
Relax.
Relax.
Relax.
No, no.
I'm dead ass, bro.
You think we're going to get to rate cuts and QE in our bags pumping with a rally?
No, we need to.
We need pain, bro.
We need the money.
First of all, we need the money.
This is already priced in.
No, it wasn't.
This is already priced in, bro.
No, no, no.
Yes, it is.
No, he needs to stick with the plan.
Yes, it is.
These countries have to pay. No, no, no. They have to pay their No, he needs to stick with the plan. Yes, it is. These countries have to pay.
No, no, no.
They have to pay their fair share.
They owe us revenue.
That's number one.
We need better deals.
China is the one that's been creaming everybody.
Yes.
Oh, really?
Vietnam has it?
Really?
A 97% tariff?
Come on, man.
They've been wrecking us.
The majority of all products, okay?
China is the big problem.
Not even Japan. Right? They've been wrecking already of all products. Okay, China is the problem Japan right all the Israel's bringing down those tariffs real quick, but I know who's right about that
China China's a huge fucking problem
Australia use caving in okay. No, I want to see i want to see tariffs on everybody i want to see tariffs on
every mfr that has tariffed us for decades that's number one and i need the markets to go down we
don't need bro have you did you just wake up like 99% of the memes and meme coins are definitely
do you understand my only hope right now the only hope we have is rate cuts in qe do you understand my only hope right now? The only hope we have is rate cuts and QE.
Do you understand that?
What, 95%, 98%?
I'm down eight figures.
I'm down eight figures if you really want to get to it.
But the point is our only hope is rate cuts and QE.
It's stabled up.
Yeah, you're right.
I should have.
But it's all good.
We'll be fine.
As soon as they turn that money printer on in June, we'll be just fine.
I think what these last couple of weeks have shown everybody is, is like, you can't predict these markets, right?
You can't predict what governments will do.
You can't predict what Trump will do or say, right?
So, I mean, we're seeing people sell gold, right?
Gold is dropping, which is a safe asset typically, right?
So it's kind of like, I don't know.
I wouldn't be so confident in what will happen in the next two months, right?
Because what we've seen is definitely a lot of volatility.
I'm extremely confident.
I will tell you with 100% certainty
what will come. I can't tell you the exact
time, but I'll tell you with 100% certainty
what's coming. Rate cuts and the money
pinner. You sound like a door salesman.
No, bro. I actually study and
read. Rate cuts? These
governments don't have a choice, bro.
You haven't been talking about rate cuts since, like, what?
Two weeks ago? And now you're an expert.
That's not true.
Don't look up for rate cuts.
I've never heard you talk about QE until like two weeks ago.
I've been talking about this for three years.
And now you're a QE monetary policy fanatic.
Hey, you don't like the bread I make without no one's or something.
But go to my timeline and look up the rate cuts.
Look how long I've been talking about.
Money printing is the only thing that keeps pumping our markets.
It is what it is.
I'm not denying that.
I don't think anyone is.
Listen, you guys said what if you guys said at the beginning of the show,
what if terrorists get taken off?
Someone said that, right?
We just got the news.
We call it a little tiny pump market
sending no no no no no that's not what happened market sending he said i'm thinking about it
until he comes out with a board that has zeros all over it tariffs are in place and he better
keep it in place bro i do not want to see him back down even the rumors not even cooking bro
why isn't the rumor cooking more i don't't know. I just brought it. Because the market doesn't believe that Andrew,
the market doesn't believe you think Trump is going to just stop all the
tariffs automatically out of nowhere.
Right after Ted Cruz is like screaming at him about it or something like
that's just,
I would,
everyone's everyone's screaming at him right now.
And I would,
and all of his constituents and donors,
I want to see him stand on business.
Do not.
I think what's happening is Eric Trump went to Daddy Trump and said, hey, Dad,
you got to pump ETH because I look like a complete idiot.
We got to get ETH back over 2,900. Bro,
ETH will break 6K when that money printer gets turned on, guys. We just got to hold off
till then. No, what Trump is trying to do is he's trying to have
all these other countries respect the United States, right?
And so the fact that they're even talking about, hey, we're thinking about bringing down tariffs on the United States, that is bullish news.
And that's why over the weekend, people priced in that there would be trade talks.
in that there would be trade talks and there it was relatively quiet over the weekend because
Trump was at a live golf tournament in Miami, you know, drinking Diet Cokes and eating egg salad
sandwiches. So the fact that, I mean, that's why we saw such such much like swing over the weekend.
So this is bullish. And I don't know why you're saying it's not. The whole point of Trump putting tariffs on these other countries over 185 was because they have such high tariffs on us, and we practically have nothing on them.
So it was really about, hey, do unto us โ no, do unto them what they do unto us, right?
So if you have a high tariff on us, we're going to do the same to you.
If you bring it down to zero, we're going to do the same thing to you.
So just make it fair.
He didn't do that to Israel.
He didn't do that to Israel.
They took it down to zero.
No, no, no.
He put tariffs on Israel to the point that's why Israel.
That's what I'm saying.
No, no, that's what I'm saying.
They went to zero the day before the announcement, and he still kept his tariffs on them.
So listen, the point with this guy is obviously to negotiate, but I need those tariffs to stay in place, and he still catches tariffs on them. So, listen, the point with this guy
is obviously to negotiate, but I need
those tariffs to stay in place, and you do too.
Because the longer we have a crisis and emergency,
the further the market will go.
Bro, Hanak, what are you talking about? I'm so confused.
We want
tariffs. No, no, no.
We want deals.
We don't want tariffs to stay in place.
I don't want a deal.
Yo, yo, hold on, hold on.
Hold on, hold on, hold on.
Time out, man.
And I hate using the mute button.
Bro, like, what are you fucking talking about?
Bro, we want tariffs.
Trump is using the word, or he's using tariffs as a way to go ahead and bring motherfuckers
to the table to make a deal.
Otherwise, you don't need them to stay in place.
I just said to you, there's fucking midterm elections coming up.
The faster this shit can be resolved, the better.
You want tariffs to stay in place for what reason?
I don't give a fuck.
I don't want to punish anybody.
I want the motherfuckers to agree to a fair deal.
That's it.
United States of America, this is what I want.
We're going to invest into America, and we're obviously going to pay, hey, okay, 10% here, 10%, or it could be zero.
Let's pay zero to each other.
Let's have actual free trade.
And you're going to invest into the United States of America, and that's it.
We're good.
That's it.
That's all I'm looking for.
You're crazy, man.
And I'm also looking for American products to be able.
We should have American products be able easily to go into any other country without having all these rules and regulations
just on america but go ahead go rant on with your put tariffs on people for the next five years
okay which makes no sense
all right let me explain why we'll have kamala back in office don't worry
with that kind of mindset we'll have Kamala back in office. Don't worry. With that kind of mindset, we'll have Kamala and company.
I think that's why they're not saying this.
Gavin Newsom will be the vice president and shit.
Don't worry.
Trump is a genius.
Trump is an absolute mad scientist genius.
We need these tariffs to stay in place for some measure of time, be it weeks or maybe
a month or two.
One is good for revenue,
but more important,
it'll tank the markets further.
I need the markets to tank
so the Fed will break
and cut these rates and engage in QE
because they'll send our backs to Valhalla.
I think it's multi-pronged, my friend.
I agree with what you're saying,
but I think it's a lot deeper than that.
Who's the one that doesn't have tariffs on?
Russia who has all the minerals
They got sanctions. You can't go see what a country that has sanctions on it
There's no there's no trade agreement with Russia at all
There's no trade there was never a trade agreement with Russia and they have sanctions on them
So I don't know why everybody brings up a tariff on Russia.
That's like bringing up a tariff on
Cuba. There's no trade
there. Right. They got the boot
on Russia, right? But Russia has all
the minerals. There's sanctions
on Russia. There's sanctions on Russia.
They're not trading partners.
I get that. What is Ukraine?
Ukraine is the chess piece, right?
Right?
Okay.
I'm so...
You just said...
I'm trying to debulk the...
This is what I'm talking about.
I'm trying to debulk the shit that is put out there on social media.
Why hasn't Trump put a tariff on Russia?
Well, because we don't trade with them.
Exactly.
It's that simple.
Sanctions are worse.
Right.
So my whole thesis, though, my whole thesis was there's things going on in the background, and he's going to open up trade with Russia because China has all the minerals for our semiconductors and everything that we need to advance America.
advance america like china controls all that that's a national security threat so ukraine
Like, China controls all that.
That's a national security threat.
us taking over ukraine or us getting the mineral rights to ukraine is massive and then there was
russia's russia's literally negotiating a deal with the united states to provide them
resources from their land if they want it so like again, there's sanctions on Russia.
And until a peace agreement comes along,
the U.S. ain't doing shit with anybody.
Right.
Whether it's Ukraine or Russia.
Right.
So that's my point.
The point is that China had the high card with the minerals.
Now that the United States has another option,
and on top of that they have
another option in crypto for the the the bitcoin reserves and everything else he already said that
you can write the fucking check for that but it's a multi-pronged attack on china because china is
literally building up the military like crazy and everything else and he's like i see this coming
i'm gonna i'm gonna i gotta get it now
it's a time now so that terrorists are designed why do you take all the tears off everybody but
china okay he didn't put it he didn't put china is literally in our market like they like they
own a lot of land here like i i don't know how like it's china has abused the united states of america by not taking
our products in right we've taken their shit they don't take ours it's far beyond whatever
you're stating here right now right it's massive like there's a lot of things going behind the
scenes that we don't see so what's the bigger play that's what i'm trying to figure out but
i don't understand like I don't understand the statement
I'm a little bit confused
Alright, the bigger play is
It's AI, dude
Everything's going to AI
We don't need cheap China labor
Because we can have robots running 24-7
In about 5-10 years
He's getting ahead of everything
But also, why is China
Trying to take over
Taiwan, right? Because Taiwan is
the number one distributor for
microchips and semiconductors
on the planet.
They're saying
it's more about territory,
like they believe Taiwan
is part of China, but
it's really more of a strategic
plan.
Power play, exactly. Yeah, based on what you're saying, right?
Because the world is transitioning over to AI digital assets.
I mean, that is the future.
And whatever country leads in that front will control the planet, right?
Exactly. He's getting ahead of it. He's getting ahead of all that.
Well, that is whyโ
Bro, the market is gettingโ
That is the main reason why, theoretically, that if trump were to take all tariffs off the table that if he were to have one
stay it would be china right theoretically because yeah because china's the only one that's not
backing down like eu because they have countries right they're saying oh hey let's yeah they can
survive four days they can survive four days of turbulence but give it 30. That's why I'm telling you
He needs to stay
He needs to stay right here and cause more pain
Like in business you don't piss off your customer
Right just go somewhere else. That's right. That's right. That's right. Yeah, I mean
White House is not aware of a 90-day tariff pause. So throw that out the window
So throw that out the window.
Wow.
So here's what that means.
That's coming from Trump.
I'm telling you, man, this is the same thing that happened.
This is the same thing that happened with fucking with Tesla.
When they put out.
When I finished.
Holy fuck.
God bless America.
I apologize.
Go ahead.
Well, I want to say is this is the same shit that's happening.
I'm telling you independent journalists, man, they're having a hard time because somebody's
putting that information out from the White House.
No doubt about it.
Okay.
They're just fucking putting it out and testing the waters and then they're retracting.
Like what happened?
I told you it was bullshit.
I told you that was a report bro he's gonna
no but it's like toes down until they came but it's funny it takes them about 10 to 15 minutes
to go ahead and acknowledge it the same way they did with elon leaving you know yeah it's strategic
it's got to run through pr first make sure the statements you
know good we're the beta testing pr then right like they throw it out we oh no no no he has he
has a team that helps him with every statement that comes out so it had to go through them first
no somebody whispers out somebody's whispering out hey this is what's happening and it's circulating
okay there's a bunch of independent reporters there's a ton
and they're and i'm not talking about the ones that just copy and paste and shit i'm talking
about like the ones that do independent reporting they they pick it up and they're like okay like
everybody's in agreement boom we're sending it out i knew that was a bullshit report because
it doesn't make sense bro why would you only do three days of pain? You need a good like
We're dumping I
Understand I understand
Country and I say to Trump, if I'm a country and I tell Trump,
okay, listen, we'll do 0% tariffs.
Let's strike a deal right now.
He's going to take the tariff for me.
No, you're not on the first strike, David.
Not on the first offer.
What the fuck are you talking about?
If I just said I will agree to America's deal,
you're not listening.
If Trump gave me a deal and I choose to agree
To that deal he's taking the tariff off
They're not a deal David what are you and I even if I'm the president
XYZ and I'm offered a deal and I take it the tariff comes off
Well, they're clearly not coming to him with the right deal What the fuck are you talking about
Who is this guy
I didn't stutter bro
I can't
What do you mean the right deal
We had Japan just offer a bunch of
It takes more than a couple days to negotiate terms this big
I expect this to last for a few weeks minimum
I agree why not Are if any expert in like tariffs no no i just thought i don't understand this
you take long you take longer to negotiate a car deal than these
it's not gonna be done in three days if a country credit score they just said... You've got 490 credit scores out there, man. Try to buy a Mercedes.
Japan is sending their team over
to negotiate a deal
with the United States of America.
They could leave today or tomorrow
with a deal. That means that
they should have a tariff taken
off of them if a deal is struck.
No, keep it on.
You're like, keep it on. Are you insane?
No, I like Trump's plan. I love
To bring people to the White House so he can sign up on deals
But what are you talking about?
The first term the first term he put on tariffs with China and they haven't taken it off since these tariffs are here to stay
God willing guys playing tariffs with china and they haven't taken it off since these tariffs are here to stay god willing god's plan oh my god trust plan yo i did i'm just gonna point this out here i did say if they say
they're gonna take off tariffs it's gonna be a bull trap i just wanna you know i did say that
you know i just wanna point out i just heard somebody say that a five minute candle is not You know, please continue on this W streak man like you started the conversation today W
all of a sudden you start going into this fucking, these rants that holy.
After a deal to keep the tariff on.
Like, like, bro, like what are you talking about?
The, the tariff, the word, the whole thing is.
No, no, no.
Hold on.
Hold on.
What's good for us is for us to be included in, in fair trade for other countries to participate in our markets, to invest into the United States of America.
That's what you want.
Okay?
You don't want to keep tariffs on.
Okay?
Like, the whole point of Trump doing this was to bring people to the table.
That's it.
And he wasn't taking
them off until that was done. As you can see, he's stubborn, man. I implemented tariffs.
Boom. Now what? I'm not taking them off.
And now Europe want to negotiate with the US.
I don't want to see it.
That's perfect. Volvo cars are going to produce cars in, produce cars in the U.S. now.
So Sweden is mad about that, but I'm happy about that.
So Volvo is going to bring, like, 80% of their manufacturer and give U.S. jobs there.
So that's perfect.
So Trump knows what he's doing,
and shout out to Elon Musk too and what he's doing.
So now every company is going to move their manufacturing to like U.S.
Yeah, and that'll be complete in about 10 years.
Which is fine.
Which is fine.
That's what I voted for.
Also, at the same time, he's solving child labor
and all the issues that's happening in China
and all over these foreign countries, right?
So at the same time, he's causing or solving a lot of problems, issues.
But Europe has treated the U.S. very bad.
Hold on, time out.
I want to answer that back, Sir Crypto.
I think you said it.
I didn't get to look at my phone.
But if the plants are built out if
it takes 10 years for them to build out plants the investments are important as well so if like if
they're investing into the united states of america that in itself is a step in the right direction
yeah so i live in sweden and volvo announced that they're going to shut down many manufacturers here
and build it in the U.S.
So Sweden is mad, but I'm happy for the U.S.
I love Trump and Elon Musk.
So I don't know what you're mad about this tariff.
That was the smartest move he could have done.
I'm not mad about tariffs.
You're looking at the wrong person.
I love tariffs. Volvo is going to You're looking at the wrong person. I love tariffs.
Volvo is going to make factories in the U.S.
and bring jobs to the U.S.
And Europe, as we're speaking,
I'm watching the news.
They're speaking about
negotiating with Trump.
So what Trump has done is
beautiful.
I love that guy.
How can you even speak bad about him?
You voted for him.
And I don't even live in the U.S., but I love Trump and Elon Musk.
I love Elon Musk.
This is somebody from across the pond, man.
They love Elon Musk and Trump.
Of course, bro.
I love tariffs.
It's the first best word in English.
We need to keep them up.
Bro, hearing him say that, we're in a new age of wokeism.
Like, everyone thinks we, like, you know, took a thousand steps ahead.
No, we literally took a thousand steps backwards.
As our psychology.
You know, I give up.
I give up on these conversations.
A fucking collective country.
We used to be free thinkers.
But now y'all motherfuckers put all
your trust back into the government once again hold on hold on hold on hold on we put our full
blown trust back into the government okay we elected it we elected donald trump
We elected Donald Trump.
He told us he was going to do this.
He campaigned on this.
Energy prices are down.
Gas prices are down.
Egg prices are down.
Inflation is down.
The 10-year treasury bond is down.
Like, what? Everything he stated is happening. I forgot to say the stock market is down. The 10-year treasury bond is down. Like, what
everything he stated
is happening.
That's great.
The stock market
is down for
now.
The houses are down.
No one has
capital gains.
Mortgage rates are down. Houses are not down.
If you're selling your house at half price,
that's your fault.
I don't know what the bad news is.
I don't know what the house is going on.
Not yet. Mortgage rates are not going down.
Hey, houses are going down.
Mortgage rates already went down. What are you talking about?
Yeah, but they're at what?
7.5%. Now they're what?
No, they're down to five
the rate hold on the rate the housing rates mortgage rates were at nine percent they're now
in the mid fives like they're down. What are you talking about? No one?
I thought they were they are down Vietnam
Biggie you wish because Nike make the shoes there, but that's perfect, too
Yeah, I swear to God happy motherfuckers don't even sound American is this guy
You guys sound like you're anti America like you sound like you want like hey, let's continue
Let's continue with these fucked up policies. All right
Now you now you you sound you sound like you can get that the fun, you know the gold
You sound like you're stuffed under a pillow
We didn't have you under a pillow sir
What? That's your cell phone, man
He said what?
Don't worry, don't don't need to be disrespectful.
Don't worry.
Don't let them say anything. We just can't hear you.
It's all love, dog.
It's all love.
Don't be, you know.
It's all love.
Brother, you got to fix your mic because it's really, it's, I can't even hear you and I
got the headset on.
You got a Swedish mic, dog.
You got a Swedish mic.
It's crazy.
Sounds like he's under water with me.
Do you hear me better now?
Yeah, you sound better.
Okay.
You hear me better now? All right. Hold on. Okay, you hear me better now? Listen, listen.
All right, hold on, hold on, hold on.
Yeah, yeah, yeah.
I need a timeout.
I need a timeout.
Okay.
Hanak's driving me crazy with this continue the tariff, not understanding how tariffs work.
So, like, he is driving me nuts.
Okay, with his conversation.
All the time he's an expert, right, David?
What?
Well, everybody's a fucking political expert now, and also, you know, everybody understands geopolitics and everything. I've been watching the timeline the entire time.
Does that include you, David?
Well, I mean, I have things to back me up to say that I'm not new to any of this.
I mean, if I want to.
All of us can't have an opinion, but Nobu can have an opinion.
First of all, everybody has a mic here.
You just keep repeating yourself.
Okay, so let me ask you.
The loudest person in a room is most likely the dumbest person.
That's what they say.
Every single time we try to speak, you cut us off.
I don't get it.
I'm the most handsome person and I'm the smartest person.
Bro, like, the whole tariff situation is to
broker a deal that's fair for
that country and the United States
of America. That's it.
You want to keep on tariffs.
I like it.
You like what? I'm so
confused.
I like the idea, and this sounds, I don't know, man.
I like the idea that we in America have a
president that's going to keep us in the power position and leverage. So I like the idea. And this sounds, I don't know, man. I like the idea that we in America have a president that's going to keep us in the power position and leverage.
So I like the idea of tariffs.
If a deal comes.
Hold on.
I'm going to try this.
I'm going to do this slower.
If a deal comes through negotiated by two parties, should the tariff then
be lifted if both
parties agree
oh my god I'm out
I gotta leave man
thank you
thank you sir go ahead
yeah
let me just say this real quick whoever in Greensboro
North Carolina, bro
Try to get in my system one more time
I'm going to break your mother
What the fuck happened there?
Wait, what?
I think he's being hacked
Who's in Greensboro?
I'm trying to get in my system right now
Who's in your system?
Somebody's trying to hack into it
I'm just letting them know
What's about to happen if they keep on
hey just so y'all know Sir Crypto ain't the one
guys like he actually knows
don't do this to yourself
alright so here's
I want to say something before we continue
so this rumor right
I'm thinking as you guys are
SNAC is going like crazy with his
I don't know what the fuck he's talking about
if that rumor just now that was put out there right SNAC is going like crazy with his, I don't know what the fuck he's talking about.
If that rumor just now that was put out there, right?
If that show was put out there just now about like, you know, the pause in tariffs, right?
It just proves my point in the beginning of this entire conversation.
As soon as Trump announces that he's done with tariffs with certain countries, the markets will send.
And that just proved everything.
That 90-day fucking rumor.
What are you talking about?
It lasted 20 minutes. It proved me right.
The negotiations are still going on.
It literally just proved me right.
It just proved me right.
Yeah, it was pumping.
The markets went up.
Because a rumor went out stating that there would be a 90-day pause.
And over the weekend, that's why I don't.
David's right.
Because everyone were predicting.
They were predicting that there would be talks.
Y'all call that 5% a pump?
Are y'all serious right now?
What are we, the stock market?
Yes.
Are you kidding me?
Are we, the stock market or something?
Absolutely.
Yo, I get people being like, I appreciate contrarians and all this shit.
I can appreciate like a different point of view.
I feel like I'm talking to a bunch of CNN panelists right now.
That's what I'm feeling.
A lot of people rich somehow.
I don't know how, but yeah.
No, I just like.
So back to the manufacturing topic we were talking about, there's a lot of empty manufacturing plants right now that people can move into.
So, you know, I'm talking about, you know, new infrastructure to build new plants.
Yeah, it'll take a long time.
But, you know, we still have Ford plants.
We have fucking, you know, automotive manufacturing plants.
We have, you know, a lot of old textile mills that are shut down.
There's plenty of space if they want to start
moving shit back that they can start moving
back.
Investing in
America. Landy, speaking
of investing into America, Landy,
what's going on?
Morning, David. I'm going to go cut grass
and wash my car. I'll be back.
Yeah, yeah, yeah, yeah, yeah.
Oh, my God.
And who was mad because of what
the cars want to manufacture their cars in the U.S.?
Why are you mad about that?
Can you tell these people the truth already, Landy?
Tell these people the truth, please.
Okay.
Huh?
Tell them how great terrorists are.
I don't know.
Can everyone hear me okay?
You know, Andrew, Sharuk.
By the way, Sharuk had a really W take.
And then it was followed up with a lot of nonsense.
Look, Trump's plan is working.
All you have to do is look at the Hensang.
And you can see who this actually hurts.
Yes, we took a nosedive in our stock market, speculating far before any of these other markets, right?
So all of the stock markets started its downtrend, of course, going into the implementation of tariffs. For those that are just only concentrating on the stock market, because I can get really deep into this subject about tariffs,
how this is affecting what is happening with the trade deficit.
Hell, even the calculations about how the calculations were,
everybody's hand-wringing about the calculations for,
oh, well, he calculated the tariffs wrong because he calculated the trade deficit
and then he applied the tariffs in this way.
Oh, my portfolio fuck off listen if you don't understand how to fix a problem and actually
what's happening then you shouldn't be talking about this subject to be quite honest like it's
really it's really there you go it's really interesting to watch it's really interesting
watch people um even people who who um bandy about as macroeconomists, who then expose themselves when macro events happen, that they don't really understand macroeconomics.
They don't understand politics.
They don't understand trade.
And they don't understand negotiations between countries.
All last night for me here on the west coast what ended up happening was what
we got this leader wants to come and meet this this country's stock market is crashing biggest
single day crash since 2008 yada yada yada yada you all read the news and it'll be aggregated
it'll be aggregated portfolios they only see portfolios. They don't see how many jobs that come into the US.
Now Mercedes is talking about also putting manufacture companies there.
Volvo already said that they're going to bring it.
And Sweden is mad.
I live in Sweden, but I'm happy for you, United States.
I love that Trump is a patriot.
So how can you be angry?
And who said, oh, but it take 10 years.
Let it take 10 years. But you gained 300,000 jobs. How can you be angry and who said oh but it take 10 years let it take 10 years but you
gained 300 000 jobs how can you be mad about that or more crazy or more yeah and and the stock market
will rebound see here's here's the interesting part about all of this is that trump could very
easily if he needs to lean on congress to do an emergency package even if he wanted to so all of this could literally just be recovered we go right back to the way we used to do an emergency package, even if he wanted to. So all of this could
literally just be recovered. We go right back to the way we used to do things. But the point is,
we're not. And the reason that our stock market tanks so hard in response to a lot of this was
China's not giving up. China has the most to lose in this situation. And trust me,
they are thinking very hard about capitulating right now. As soon as you heard the news that
they're considering to print their way out of what's going on in their stock market,
you know that they're screwed. You want to know why they did that? You want to know who's applying
that upward pressure on the bond market for the 10 year because they freaked out and sold their bonds exactly what we wanted them to do if you don't understand market strategy then
you're not going to understand what's going on and for those that say that trump has no plan and he's
stupid and all of this other shit you have no idea what you're talking about exactly trump is a
deal maker he's a businessman he's a genius and not only that he told was biden a businessman About
He told Biden a businessman
So let me finish my thought real quick because otherwise I'm gonna land upside down like a
Like a never mind like a DI airline. I'm gonna lay land this plane upside down. Anyway. Yeah, sorry, Hinak. That was for you.
Listen, one of the biggest things you have to understand is all of the different FUD that you're going to hear about him,
the people in his administration, he should fire them, and tariffs are bad, he has no plan.
Understand that we've been through this once before in 2018 with him already,
Understand that we've been through this once before in 2018 with him already.
And the time to load even come in after the tariffs were implemented, which weren't as widespread.
They weren't as hard hitting as these now because he learned from his last time in office what he needed to do in order to get these other countries to capitulate.
And you say, oh, well, there's a lot of time that happened.
No, it's the same leaders, essentially,
with a few changes here and there.
And we hold all the cards.
Anyone that thinks that China holds all the cards
or Europe holds all the cards, well, guess what?
They wouldn't be the ones that we are paying all the debt to
on our treasury notes.
So think about this for a moment before you go and you go ah he has no idea
there's no plan look he understands what he's doing and it's a it's a gambit it's a crazy
gambit no one else is willing to take the hit you want to know why no other politician in history
could ever do this because of what you saw in the stock market because they're afraid of that
that's why he's not afraid of that
that's right landy he's not afraid of that would you consider this a biased take would you consider
this a biased take since you're absolutely not absolutely not i i started out markets in 2001
okay it's like wall street not not crypto. Wall Street. Okay. I went through the entire history of, I learned during that quote unquote,
great recession, right? Where we ended up not putting in a low until years later and then
rallied all the way into 2008 only to crash again. Okay. That was my, I started in markets even before that, but I didn't actually
get my seat until around 01 when I was ready to come out of the junior trader role.
And let me tell you something, that was the craziest upbringing in markets that you could
ever see because you end up learning a lot about not just the markets but the geopolitical side of things and the fed and everything else which you would think you would
already know when you're in markets but most don't even understand that stuff because they just want
to trade they market make they move on whatever right but i actually learned a lot in that time
period about geopolitics because that was the game we had sept September 11th, right after we had the dot-com bubble.
Yep.
And I was even starting out and trading during the end of the bubble.
Right?
I got wrecked.
Yeah, I got wrecked.
But this particular thesis, though, is based on whether or not Trump is successful for what he's trying to do.
No, he's stating facts.
He's telling you what's happening in real time right now.
Look at the bond market.
Go look at the Hensang.
Go look at their actual index.
Go look at the Shenzhen Composite Index.
Go look at HSI.
Go look at the bond market.
Look at our markets.
Look at inflows that are happening in markets in general. Andrew, you're Go look at the bond market. Look at our markets. Look at inflows that are happening in markets in general.
Andrew, you're just looking at the crypto market.
If you know how to do this stuff, you can go check this information for yourself.
When you're trying to shrink a trade deficit, what happens?
Anyone here know what happens on stage when you shrink a trade deficit?
What happens to what?
What happens in general in the economy?
Liquidity comes in.
I mean, bro, it's a crunch.
It's a transition.
It's a transition, period.
And because of that uncertainty.
The reason I bring this up is because Trump told everybody on the plane yesterday, what did he say?
I'm not doing a deal with China until we shrink the trade deficit.
They've got a trillion or 1.1 trillion over.
And everybody's like, well, you lost 10 trillion in the stock market just to get a trillion.
No, that is a trade deficit that is continuing to expand that we are on the losing side of that doesn't just hit our stock market, which, by the way, is over 40% foreign investment.
Okay, so this is a beautiful dip.
Why do you think retail is
gonna eat it up further they're gonna do the same thing i'm sorry i'm sorry i think also it's a
beautiful oh my god thanks for mentioning that 44 again that is owned by foreign entities uh
nobody likes talking about let america be, you know, bent over
with no fucking Vaseline.
Yeah, that's right.
Let's just save your fucking, your duty-ass crypto tickers and shit.
I'm going to land because I know that he not,
he's got questions for you, David,
because he didn't know about the...
No, I don't want the questions because like he doesn't,
I love Hanok.
He started off today
W take I was talking about what you just mentioned the 44% of all fucking
Outside like fucking foreign entities fucking holding fucking the sock
This motherfucker was on a W fucking spin and all of a sudden he went to I want tariffs forever bro
Like and not understanding that we're using this as a motherfucker
Okay
I said 30 days. Come on, man.
No, no, no, no. The whole
point is the
reason why we're moving so
fast. I don't know how many times I'm going to
have to say midterm elections because
that's what Trump is facing.
If this does not work out,
guess what? They
can't wait. The liberals are fucking
ready. They're outside in
new york on a saturday beautiful day fucking running around fifth avenue fucking chanting
they don't even know what the fuck they're chanting how about that they all got fucking
scripts in their hands they got caught out there already with fucking scripts in their hands
they did showing up for three hundred dollars all right three hundred dollars to march to say how
bad trump is how bad trump is he's trying to
fucking save or repair this fucking economy that's been thanks to again i don't give a
we can go ahead and debate this wto inviting china in bill clinton shout out to you
thanks for everything up but anyway continue let me let me let me let me land this plane real quick, Kenok, because one of the big things that everybody's talking about is how it's going to cause inflation and you can't do manufacturing in the United States.
And oh, my God, because they're looking at a one side as as a one sided issue. don't understand what reshoring dollars is. When you reshore American dollars and you bring American
business back here in the United States and you shrink the trade deficit, you can shrink the
trade deficit in two ways. You have us putting tariffs on our goods going over there, which they
barely import anyway, but he wants some more of our imports going over there, which is part of
the deal. Every single deal that he's doing is that they will actually
take American products that we're producing here. So then you shrink the trade deficit.
That strengthens the dollar. And when you reshore dollars, you strengthen the dollar. A lot of people
go, oh, well, if you're reshoring dollars, what does that mean? That means that more dollars are
staying in the US economy, which does what? Does anybody know? Basic economics. Most people don't know.
It means that the dollar gets stronger. So prices go up, but your dollar goes much further.
Okay. That means that you get more dollar strength, which means that we actually have
a healthy economy here. And for all the complaining that people would do about prices going up,
the dollar being reassured will actually offset the inflation.
And in fact, it will cannibalize much of it, which people on the other side of this are going to
stop talking about inflation. They're going to talk about deflationary death spiral and stagnation,
and they're going to try and fear you to death with that one. That's the next major narrative
that's going to happen. Now, I will say this, David. I don't want any tariffs to go away.
I think that they need to be renegotiated.
They need to be fair.
And he's being overly heavily handed on it right out the gate.
And in fact, even putting out numbers where he's calculating the trade deficit and helping โ and even their administration is totally fucking with people
by the way. They know exactly what they're
doing between how they did their calculation
for the actual tariffs and the trade deficit.
They're totally fucking with people.
It's a big old troll because he
knows that that's what you need to do.
You need to go way over the top
and then they all want to come here.
Thank you, Landy.
Thank you, Landy. Landy, my thing is, can I answer Landy or do I have to answer you?
No, you're right, David.
Go ahead.
Thanks.
Appreciate that.
Landy, I have no problems if tariffs stay, but I'm not at 25%.
If somebody comes here, if a country comes in and they negotiate,
obviously there should be, look, we have 2.5% tariffs out here.
I think that's fair.
As long as a country goes ahead and invests into the United States of America,
by the way, I'm out of breath because I actually work out during these shows.
So I have no problem. I have zero problem with that. United States of America by the way, I'm out of breath because I actually work out during these shows so
I have no problem. I have zero problem with that
But an oxa out here 50 percent tariff stay even though we negotiate a fucking deal
Craziness craziness
I said I said I want tariffs to stay he better stand on business not move you guys call that a LT I think it's Trump's genius, bro. We have tower we have
We've had towers before
We have towers before
Okay, but it's so funny that I said parents need to stay that's an L take landy said tariffs need to stay
That's a w take funny out here. No, I didn't say anything. I didn't say anything from on any which side
We've had tariffs way before Trump
Just not to these all I'm saying is my my my thing is
My thing is like I want to negotiate deals with countries to where they benefit and we benefit.
That has been my entire argument.
That's it.
You said no, no, no, no, no, no, no.
This is exactly what you said.
No, no, no, no, no, no, no way.
I want tariffs.
We need to put pain for the next fucking six years. Keep it going. Okay?
This is what we need. We need tariffs.
Okay. That's what happens, though. If you're going to just say tariffs, and this is what I mean.
When you say just tariffs and you have no substance to it, and I've told you this.
You did it. You were screaming the entire time. You were just saying tariffs. It's so funny you guys complain about fake news
Misconstruing reality and you guys come in here and misconstrued my words what I said was I
Don't really play it replay yourself
You said you want more pain you want people to
We want more pain more towers bigger towers all that I love that we have a president that can stand on business give the American people leverage
I do not want that leverage given up keep the tariffs on bro, but that's oh my god
I had enough of Volvo cars.
But you told us.
No one even drives Volvo cars, man.
But it's going to take 10 years.
No one drives them in the United States.
I haven't seen them in the United States.
Yo, relax.
Yo, Volvo's a good car.
It's a safe car, bro.
Shout out to Volvo, bro.
Wait, you guys sound like there's something bad going on in the world right now.
What I say is we've got a time horizon.
This is the most beautiful thing I've ever seen.
Relax.
Relax.
The jacuzzi.
I'm telling you.
You're right. No, I just got out because I'm waiting for, you're right.
No, I just got out because I'm waiting for the tide to fill in so I can go for a surf.
I put my buy orders in, buy and hold, buy low, hold it for a long time horizon.
You can't go wrong.
I don't know shit about fuck.
Half the shit, I love listening to Landy.
It's amazing, but half the shit makes my head spin because I don't understand it.
I don't care to.
I do care to, but buy it, buy it, buy it, and hold the shit. Same head spin because I don't understand it. I don't care to. I do care to, but buy it.
Buy it. Buy it and hold the shit.
Same.
I dig it. Trust me. I dig it.
A lot of people don't care about the jargon.
I care. I care about it.
I think it's amazing.
I'm not using jargon.
No, it's not jargon.
I get a lot of it, but what I'm saying is
my thing is I'm not going to spend the time really like I see red. I buy a DCA. I buy,
I buy. I've done it for a lifetime. I hold it. And even if this shit doesn't work in time,
it'll all bounce back and you'll make your money and you'll be fine. And then you can go enjoy
your life. That's all. I just had 100%.. 100%. And the interesting part about what's already occurring in markets right now with all of the inflation fears is the dollar is bouncing very, very hard right now, which is interesting.
Because, you know, that's โ some would argue that's not what Trump wants, but it was going to happen either way in this kind of a scenario and the way that
things occurred in markets today.
And the actual buyback on yield means that there's a lot of selling of bonds.
So we're seeing Trump shake countries out.
And that's essentially what you want as a surplus of treasuries in the market
right now. So we're going to see things kind of, um, normalize here for a little bit. And it's the
next big move that you actually have to pay attention to. So the next big quote unquote,
if you're like life and you're like, yo, I need to go surfing and I got other shit to do. It's
the next big major event that you really want to pay attention to
because it's in markets for price.
It's called mean reversion.
And that's what's likely going to happen here shortly.
We're still in continuation to the downside, right?
But in markets, we need to see what that mean reversion holds
because that's going to tell us a lot about the direction of the market
for the rest of this year and maybe even for the next couple of years. And I can tell you that we've been through this before.
And it was a fever pitch even then. We even had the media come out and declare Trump the new Fed
head at one point. Remember, this was 2018. So yeah, we've been through this before this is not a game that
we haven't seen but there's a lot of new players in terms of people in the market that's really all
and and if you're really scared the moment that you get the most scared is when you need to be
thinking about what levels would I like to buy at don't be
are we guys okay
mark safe from tariff talk
i mean i saw the guy that's coming next
uh welcome to crypto talk radio
markets in the red
though uh hold on
i bet we end in the green
today how's that
can we talk about entities now?
They're dead. It's really no
Sweep the floors, uh, let's look at the market markets not bad man, you know, you know
I anytime Jim Cramer comes out and says something, you know, obviously look this dude is this dudes on fire, man
He's no he's never taken a, bro. This dude is, I swear
to God, man.
Black Monday
is coming!
Yo, the
opposite always happens, bro.
How does it happen? How?
How?
This
man, bro.
This man. Yesterday, I saw a lot of of panic though yesterday when i when i finally got to
get back home and i i sat down and i like just looked on the timeline i was like holy fuck
nah man i i i'm telling you the weekends are off. There's no need for me to sit here. Why don't I sit here and talk to people that sound so depressed?
Yeah, you should take days off to disconnect.
Like, right now.
Like, listen, I get it.
Get locked in.
Get locked in when the markets come.
Like, I get that whole approach.
But, like, right now, like, there's nothing to lock into.
And unless you want to get really depressed.
Because you have people like uh singing
that song who sings that fucking song um step off off that ledge my friend whatever that fucking
song is who sings that if you want to see me again i will understand that i felt like i walked into
that yesterday night because people like yo, yo, it's over.
We're in a bear.
That's third eye line.
I'll see you in the next three years.
You know, I told you so.
A lot of people came out with the, I told you so.
You know what really did scare me though?
Capo came out with a post talking about this was bullish.
And I was like, oh, fuck.
Because you have Jim Cramer who comes out and he's like oh fuck because you have jim kramer who
comes out and he's like yo uh you know black monday you got capo come out he's like this is
perfect oh god i'm like oh fuck what's right like which one's gonna win right i'm just i don't know
which way to go with it i was like he's not going for 12k anymore what happened what happened capo
what happened he's like but he's like it's perfect it's like playing right into our hands i'm like I was like, what the fuck? 12k anymore? What happened? What happened, Capo? What happened?
He's like, it's perfect. It's like playing right into our hands. I'm like, oh, fuck.
It must be really over, bro.
All of a sudden, Prophet Blue's going to pop up on your time like,
bullish!
Oh my god, man.
Take off the telegram again with the rest
of the slubs.
But I'll tell you what.
Go ahead. No, no, go ahead no no i was just wanted
to ask landy are we longing here or what i i got a few longs in on specific things but i knew it i
knew this is long i was being very specific about what i was taking um i took an amc long today
what i was taking um i took an amc long today very very wow yeah yeah so yo i saw some people
were taking longs on gamestop too yeah yeah let's go tesla came back down though i well you should
gamestop is a bitcoin treasury i literally don't know why you wouldn't be long gamestop from here
oh my god i have some calls in that gamest in GameStop. Do you know what a Bitcoin treasury is?
Yes, I do, man.
It's just like, bro.
All right, spell it.
You sound embarrassed, dog.
You were completely just saying different things than today.
He's moving with the market.
I have to mute for a second, and I just have to say this.
I do some tough workouts, two, three hours.
You know, like I really put in like the work.
I think my workouts, I'm comparing them now.
I think my workouts are easier compared to trying to get a sentence off in this very room with
Hennock in it. Because as soon as
I get right there
and then Hennock's like, bam!
Busses right through.
Okay?
So I think I have
and then I have this mental fatigue
that I'm so worn out
that I don't even want to, like I just sit back
and why isn't David talking?
Because I'm worn out.
Okay.
You've worn me out.
Anyway,
I'm going to unmute because I hate this fucking button.
That's you.
I'd like to respond.
Hold on.
Wait,
wait. I'd like to respond.
my longs are not,
are not leveraged longs.
They were spot buys in the market as I'm still waiting for the trend to
actually crack. That's all. The move's still ongoing. Landy, can I ask you a question real
quick? Sorry, Hennock, but is that, someone sent me something and it was, he's a smart cat. I think
I put it out there, but he was going long and longing quite a few things based on the 10-year
treasury going under 4%. He said long, fucking everything.
And I don't know if that's...
Look, I'm joking about some of the things.
I took longs on lots of things.
I mean, AMC, GameStop, it's a funny reference to 2020.
But there's a lot of stuff that I took longs on.
These are at levels that I felt comfortable.
When I say longs, it means that I'm buying the stock.
I didn't even take options on it
because I want to see spreads kind of normalize a little bit,
get a better play on IV,
which is implied volatility in markets.
And then, but yeah, no, it's a perfect time
to be like scaling in.
I did it last night.
I went long Bitcoin and it was just kind of
it wasn't due it was hovering i was sitting there watching the chart right before my wife was making
dinner and right when i was about to about make a little bit i was even i just got out i'm like i'm
not what am i doing i'm not doing this yeah i'm scalp long crypto right now. I'm not swing long. So I'm in day trades right now.
And they're doing okay.
In fact, they're doing, hey, ETH, Solana doing really good actually right now.
Bitcoin's doing that.
ETH is up 5%.
Let's go, guys.
I'm petrified of the leverage trades.
All right.
All right.
Landy, I got a question for you because, I mean, I don't understand why Nobu has a hard
time getting this through his head or why David seems to be confused.
It's just you're so loud, man.
I want to hear from other speakers on the panel.
Well, you know what?
It is what it is.
You can leave.
You can go listen to other people if you want.
Here's my point.
Landy, help me understand this.
You can actually go and work out.
You're in the gym, and you're not even working out, you weirdo.
So, Landy, my question to you is I said that the
GameStop I think GameStop is bullish because they engage in a Bitcoin treasury and all of a sudden
that is exhausting I can't handle it I don't understand what that means. Help me understand
what part of that is not bullish? So did MetaPlanet right? Yeah. So did strategy. And how are they
doing? And how are they doing? So does strategy.
So what I'm trying to understand is
how is that not bullish?
How is that problematic for you?
When did I say it?
Just in five seconds.
You literally said,
I don't understand what's going on.
A week ago, you couldn't.
In order to listen, you have to stop talking.
Are you done?
Okay.
I just want to make sure you're done before I continue, since you really interrupted.
So what I don't understand about you guys is you guys are such a Bitcoin, pro-Bitcoin, pro-crypto.
We bring up and highlight in this space that another company is going to engage in a Bitcoin treasury and you can't celebrate that bullish news.
I don't get it, man.
We're celebrating.
We celebrated two weeks ago.
Well, I think they've done quite well, but the celebratory pop was a sell event for that one.
event for that one. So I was actually taking puts on it and I closed those puts in some nice profit
and I actually bought the underlying stock again. The one thing about GameStop is their underlying
business model is garbage, but they have a ton of cash, right? So they have to do the Bitcoin
gambit or they're dead. Tell them puts are going short so they know.
Oh yeah, puts are going short.
That's like going short on leverage in
traditional markets.
Because they popped up so quickly after
the news, it was just like, okay,
people need to reposition no matter what, so
I'm playing the short
side of the trade. I bought some.
I bought some.
This is the first I bought in a very long time
for GameStop, even though they've
had you know their bottom came in um a while ago um you know i had still have some as part of my
portfolio this is the first time that i actually added to it because i'm a bitcoiner you know
bitcoin first i'm going to support the companies that go for it even if i end up in the red on it
i'll take a shot on it right right? Because I believe in Bitcoin.
And I actually do like the strategy that's being employed by Saylor. And I know there's a lot of
people that disagree and have pointed out, rightfully so, some of the risks that come with
it. I think you've done a good job of mitigating that. I think that every company is going to start doing this with their treasuries.
So I think that they're going to be โ a lot of them are going to be going to Bitcoin.
And just so you know, Wednesday this week, there's a Bitcoin policy meeting.
And pay attention to the BitBond talk.
That's going to be a big one.
So that's a little bit alpha for you.
I cannot wait.
I cannot wait.
But I want yield on this Bitcoin.
Don't forget about the GME
short squeeze, Landy. The short squeeze never
happened. It never happened.
What do you mean?
The short squeeze is coming.
It absolutely did happen. It wasn't the MoAS,
but it absolutely happened.
It did not happen.
Bro, if you got in at the right time, it's short
squeezed and you made bank.
Are you saying that Roaring Kitty's a plant?
Bro, I won on that trade, bro.
Come on, man.
Bro, I still got my shares in Computer Share, bro.
I want to hear that.
You went to Computer Share.
Why'd you do that?
Because motherfuckers told me I'm going to own my share.
They said if you go there, you get a certificate, you own it.
Wrong stage.
Leslie's conspiracy theory space was last night.
Oh, yeah. Pleiad oh yeah the moon is cheese
satellite
it's a satellite
anyway
breaking news anyway
Trump states if China doesn't drop
their 34% tariff by
April 8th
an additional 50% US tariff it's on April 8th. An additional 50% U.S. tariff.
It's on April 9th.
Wow.
Let's fucking go.
Bitbon Day.
I love this.
You guys know what that means, right?
Like, I don't know.
That's not bullish.
You want to know what would be hilarious?
We're going to zero, right, Andrew?
So I just brought this up, David.
As you were reading that, right before this, I, pay attention to April 9th for Bitbond Day.
If that's not, hey, you just sold all your treasuries.
Guess what we might do?
Guys, I'm coming out with Panikin t-shirts, merch.
So let me know if you want one.
Yeah, that's it.
You guys, I just wanted to let you know I've been biohacking
And I'm tanner and skinnier
Jesus Christ
Oh my god, no way
Respect, I love it
Keep going
When your wallet's down 90% plus
Is not the time to be biohacking
Well, you know what? Some people are rich and they're just fine
Go off, Gina
You're not one of those people, Hinnock, because you're 99%.
Yeah, you're right, Nobu.
Go ahead, Gina.
You just need some sea moss.
You just need some sea moss, Gina.
You won't be cooking.
Sea moss is good.
Put a little sea moss.
Me too.
On your head.
Hey, you know what's funny about it, guys?
They want to change the subject on bodies real quick.
You know what I'm saying?
Hinnock, how much how much
do i need to pay you to go like 30 minutes and not so much you can't afford me dog i'm sorry i'm
gonna do the henoch challenge i'll send you some tokens how about that henoch i'll send you some
tokens aloe bro and it's getting abs on the timeline and and I'm doing really well. I've gotten a lot of people to post, so I'm really excited about it.
About what?
You won't get these guys soon.
And I'm getting abs on the timeline.
Hennock's got his abs on the timeline.
Nobu's going to post his abs on the timeline soon.
David, I'm waiting for your photo.
What's going on here?
You've been doing all this hard work and biohacking and I want you to show it off
Well, oh my yeah in this economy right now in this economy right now
You know if I do go ahead and do that check me out on only fans
I'll be on only fans 599
I'm monetizing that shit. I thought you were a man of the people
David
I am the man of the people
This man will charge your ass
To go ahead and look at my ass
That's right
Ladies and gentlemen
I'm paying
Yo when I first heard
Whoa whoa whoa
Okay
That's your first customer David
Dude
Step right down
Close the deal David
Close the deal
I'm only laughing because
Are you blushing
No I'm going to tell you why I'm laughing.
Because if the markets would have gotten down anymore,
I would have had to go and put on a G-string and just fuck it.
G-string and cowboy boots.
Nah, you ain't fucking bro.
Hey, David.
Come join the block, David.
Come join the block, David.
Come down here to Dallas.
I'm not blushing. That's a reflection of the red from the screen I'm not Fee finder
From the screen I'm looking at
On my face
I just stopped tuning in to land these fucking
TA updates Monday, Wednesdays and Fridays
No I'm just fucking around
But you guys tune into that
That shit is good
You get educated on there
But like some of you guys, man,
you guys are weird.
It's a good thing to listen to
if you get a three-hour drive.
You know, I just want to tell you
that I respect motherfuckers
in here more than I respect others
in these fucking so-called
macro fucking chats
that they host.
Because I came on late last night
and I'm listening to some guy
talk about what's happening with the economy and i'm like
wow and this dude was talking about he's from harvard or some shit bro i'm like
oh my god oh my god this is and then you have an audience listening to this shit
grandparents must have, like, bought
a whole, like, haul for some people
to get into certain colleges,
and then they go around and act like they're smart.
That is a thing. Don't let them stop.
You know what it is? A lot of people just use
it's a lot of a fucking
word salad.
No, but, like, you can go
to college and be smart, but, like, a lot of these
guys are, like, on stage, and be smart but like a lot of these guys are like on stage
and they're like this mad word salad is being played and people like oh yeah that's great
and they have no clue what the fuck they're saying what's great too and i'm just listening
and i'm like no wonder we're like what are we 88th in terms of education in the world where
where do we stand probably Probably lower by this point.
You could drop out of high school and be smart.
I think I read something.
I get that.
The average American is like
as smart as a sixth grader.
Well, you could find them
last night at 11 p.m.
Eastern Standard Time.
I don't know if it was a troll.
Are you Canadian?
Alright, this is Crypto Talk Radio, not
Hookup Central, okay? Andrew, I know
you want to be on some Tachin Island.
I get it.
I had the PJ ready.
You got the PJ ready.
Hola, papi.
Bro said I have my pajamas ready. That's funny.
Alright, now we don't understand. That's funny. Now,
that's a PJ.
All silky, dog.
Let's get right down to it because we got a lot of scared bitches
in the grease trap and they probably
use this content for their shit.
I'll go to Landy on this one. Landy,
what do you see?
Do you see a green week or do you
see the same shit we saw last week?
I mean, we're mid expansion down. So mean reversions in play just as much as continuation at this point.
I think the market's going to be more reactive to news. And even if it's fake news, real news doesn't really matter.
If you're looking at crypto markets, you're looking at a low that just got swept for Bitcoin.
If it starts closing back above 78,
you know, like 78.1, 78.2,
kind of where it's trading now,
it has a chance to keep holding this low range
while making a lower low,
putting in some divergence
and maybe popping back up to test resistance again.
If you're looking at traditional markets,
could it get worse? Yeah, could absolutely and this is just a lower term
time frame bounce but look mean reversion is the play when this actually does set a daily low
what you're looking for is where does it bounce to if it's another massive lower high?
We're probably looking at more lower prices.
So, you know, there's a lot of things to factor right now that are well beyond what I typically talk about on stages with everybody,
but that I could absolutely talk about, but everybody would go to sleep.
So realistically, what I'm looking at is the fight between nations right now, and you can see it in the bond market.
You can see who is getting shooken out of U.S. Treasuries.
All you have to do is look at, are yields rising?
Then a big player, bigger players, they're getting shook out of Treasuries.
And typically, what you have when markets are crashing like this is a flight to Treasuries. All right. And typically what you have when markets are crashing like this is a flight to treasuries. So that is the safest place to be when you're looking at this from a nation
state level. And you're looking at larger corporations and you're looking at banks and
stuff like that. That is what is the Fed going to do and how are they going to respond? They're
holding an emergency meeting today. Right. So whether or not that turns out to be fake news or not doesn't really matter. This will eventually force the Fed to
talk about what's going on. The lower that bonds go in the market, the more likely it is that the
Feds will have to do some maybe emergency cuts at the next meeting. And I think that this plays out into the narrative that many have
already suspected that he wants to force the market down, force the treasury market down as
well with it by getting a flight to treasuries and then have the Fed lower their rates. And many
suspect that it's because of refinancing debt. That's not the only reason why this plays a lot of, there's a lot that goes into that because those companies that are investing here
in the United States, they're not just going to pile money in. They're going to do debt and equity
deals and they're going to utilize the treasury markets in order to get into these places as quickly as possible so that they can have dry powder to actually
do work.
Right.
So there's a, there's many different things to factor right now.
This move is still ongoing.
A little bit of green in the lower term timeframes does nothing.
If you have a plan for buying and a strategy for buying crypto and a strategy for buying stock markets,
you're very comfortable right now because we got some areas of interest hit in traditional markets.
And Bitcoin doesn't do a lot for me right now because it's just swinging around its most recent
low for Ethereum, Solana. They did hit a few of my initial buys that I've had waiting.
But I'm waiting with much bigger buys, much lower,
if that gives you an indication of my thoughts on things.
All right, so we're going lower.
Thank God.
God bless Trump.
It's not a given, Enoch.
Such a genius.
It is not a given.
That's why I had buys in the Rani area.
It's a higher probability, though. It sure is. It is the a given. That's why I had buys in the round. It's a higher probability, though.
It sure is. It is the higher play. It's the higher beta play right now.
But that does not mean that there isn't some sort of a catalyst news-wise that has all of the people in panic, change their minds, and settles things down.
If you do see that, though, it's all about mean reversion back to the upside or reverting back to the
mean average.
That's what that means.
Okay.
And that means right now,
everything's down.
That means it would go back up.
That's where the real decisions are going to be made by the bigger players
as to whether or not we're going to be in a bear market,
or if this is going to be a crash that,
that goes into a nice correction and continues on like normal.
that goes into a nice correction and continues on like normal.
We ain't there yet.
I'm bullish.
I want Jerome's back broken.
I'm so bullish.
By this point, Landy, what do we need to close on the weekly
in order to not go way lower?
It depends on what you're talking about
because I think that
there's different scenarios for each um with bitcoin bitcoin needs to close back above uh
its most recent rejection um which was it's basically it's prior higher low in the weekly
at 89 000 needs to close there first it needs there. First, it needs to close the low.
It needs to close the low.
Get above 83 and close.
That would look good, but it doesn't do much.
Close above 89, that looks better because that would be a downtrend break.
But let's be real, Landy.
Do you think we're going to go toward 89 and hold there?
Hell no.
Absolutely not.
This is expansion right now.
We've got to set a low before I can even say whether or not i'm confident not we we don't have a daily low it's literally like
we just have a big old doji candle on the daily it's turning green for bitcoin because bitcoin's
uh the best asset on the planet you know it's good to look at super look at xrp bro xrp is
still up like a motherfucker like
i think xrp is gonna get be our bottom signal when that bottoms i think that's gonna be the
bomb single for the next fucking huge run i can see that landy i have a question for you
um i've been really trying to like get my hands my head around this like
like the case for being 100% deployed in Bitcoin.
Like I know that a lot of people, you know, the old system,
the 20th century investing wisdom says, don't be 100% deployed.
You know, you should be diversified.
I'm really having a harder and harder times making sense of diversification
outside of Bitcoin.
Can you help me?
Like, am I psychotic for wanting to be 100% Bitcoin?
Yes.
Look, I'm a Bitcoin first person.
But look, what do you do with assets, right?
One of the things that you do with assets
is you never sell them.
You lean against them to buy more assets
that generate income, right?
That's how you become wealthy. And if you're 100 percent in Bitcoin, you're only now just getting ways in which you can participate in borrowing against that particular asset.
That's like in its very early days for that stuff. So it doesn't make sense to be 100 percent deployed into it.
And even if you were, you would be borrowing against it to grab other income generating assets, let price appreciation cannibalize your LTV, and then utilize the other assets to pay down the payments.
And that's what you would be doing if you're smart.
And if you're really smart, you'd be positioning in Bitcoin in order to do so as it's dropping.
Because there's no guarantee that the high is not in already
because it could be, we don't know.
Like it's still in a macro uptrending structure,
but it put in a monthly high, could this be the end?
We don't know yet, right?
We don't know.
No one can confidently tell you that
and anybody that says that they can,
they're lying to you
and they probably have a course
that they want to sell you as well.
But in reality, like you just, you have to play the probabilities.
I'm looking at Bitcoin as a worst case scenario going in and around its electrical cost, which it's only ever done once before in March of 2020.
It got below for five minutes and the electrical cost is at $56,000.
Could it go down a little bit?
Sure, yeah, it could go down a little bit.
But if you can get in under electrical cost,
well, what if it goes under electrical cost, Landy?
Oh my God, it's over.
Bitcoin's going to zero.
In fact, if you can get in under electrical cost for miners,
then you're getting a better deal than miners can mining,
even at their lowest common metric,
which means they're still way underwater for their mining operations, which means that they're going to buy as well. And
they've got way more dry powder than you. So that's like, you know, like Bitcoin's a great
play in that regard. And it's being globally adopted and countries and companies want it.
So like, why would you not play that game what else should you be
playing real estate and real estate if it dumps out you should be playing that game even harder
because these are assets that eventually you can get liquidity out of to go and play in other
things that can make you a lot of money right and okay that's how you run that wheel real quick so
if if let's say bit bonds or some other mechanism gets put into place you know down
you know risk and downside you know is relatively capped or you know it's less risky than what we're
seeing with these b5 protocols now can you make sense of 100 deployed in bitcoin i'm talking 40
years i'm not talking about like five years 10 years bro i'm talking about 40 years deployed
you know in bitcoin in that, what are your thoughts?
Well, I mean, if we have BitBonds or we eventually back treasuries, even if it's just in smaller percentages with Bitcoin, well, you get the then here in the United States, you would get the US
dollars basically a vector for Bitcoin, which means that it would probably show some relative strength over time.
And that would be, you wouldn't be, it would be great to be in Bitcoin, right?
Because you have a nation state backing asset, right?
Especially with BitBonds, which I think are going to be their own thing when they are
their own thing when they are introduced or if they are introduced i should say it's an if
introduced or if they are introduced, I should say it's an if.
um it'd be more interesting if treasuries were backed with bitcoin which would require an
accumulation plan which has not been implemented yet so long tail we can assume that if it is
then the u.s dollar being a vector for bitcoin would be a bitcoin play so it'd be great to be
in bitcoin but all in bitcoin you never put your eggs all in one basket ever. That's why I own altcoins and meme coins. Real quick, because why?
Because they've moved faster versus Bitcoin in many cases. And because I understand how to trade,
I've been able to take advantage of those faster moves, those percentage gains versus Bitcoin
to buy more Bitcoin. So let me make sure I understand correctly. You're saying the reason
why being 100% deployed in Bitcoin doesn't make sense for you specifically is not because you're
concerned about Bitcoin's downside, but because you can make gains elsewhere as well. Is that what you're saying right now? Yeah, because I can utilize โ I'm comfortable now utilizing other assets to get more Bitcoin and potentially stay in those assets as well for the long term because I do believe in the technology.
It's the same reason that I buy specific corporations that I buy in the stock market, right?
Okay. reason that I that I buy specific corporations that I buy in the stock market right okay but
okay so what is the biggest thing is is it's still very early days to be it's very early days to to
run the um the wealth loop on bitcoin without selling it so that that becomes very difficult
for people like yourself right you want to do 99 to buy Bitcoin, which is what I'm imagining you're driving at.
But you see that there's a lot of risk if you don't take your profits when you're up thousands of percent and then you're out.
Yeah.
That's the problem.
I know.
I know.
I'm assuming that I got the trade right early in the cycle.
I left a lot of money on the table.
Now I'm ready to deploy in Bitcoin.
What I'm trying to figure out is am I going 80% Bitcoin, 20% real estate, or am I just
going to go 100% Bitcoin? Because I'm having an extremely hard time making a case for deploying
in anything outside of Bitcoin, because I think other asset classes are actually riskier. So it's
like, well, you're not doing it because of risk. Like for me, it's not diversification to cap my
downside. I don't see downside for Bitcoin over 40 years.
So then the question is, why should I be deployed in anything else when I can see clearly where Bitcoin is going over the next couple of decades?
And that's what I'm having a hard time trying to get an answer to, you know?
You could run the sailor strategy.
That's what you want to do.
That's what I'm thinking about.
For yourself.
I'm really thinking about it, bro.
For yourself.
Yeah, bro. For yourself. Yeah. Yeah. And I want real estate prices to come down,
which is one of the reasons why I haven't purchased any new property in a while. There's
properties that I've, you know, that I've gone in and updated. But, you know, I would like to
see the markets. Well, quite quite frankly i'd like to see real
estate absolutely get destroyed and crash um new builders coming on and and regulations getting cut
and housing prices coming down everyone will scream crash but regular people will be able to
buy again instead of mega corporations just want to buy up real estate and then rent it back out
to to families so i mean that's kind of where I'm at.
What about the people who already bought, though?
Like, how is that good for the economy for these people to get flipped on our mortgages?
Dude, if they have an effort.
Let me ask you this, Andrew.
You do know that when prices go down, you don't get liquidated out of your real estate
unless you've already leveraged it, right?
But yeah, so what about those people?
If you take out a loan, because what do wealthy people do?
They buy real estate, they turn around, and they take equity loans out against that shit.
Yo, I go and I buy it cash, take the money right out. It doesn't matter.
You got the money now.
It doesn't matter if the asset went down in value.
You're already on to the next thing. Now, it's more on the corporate side of things. Your private
equity buying up commercial paper, which is a vector for real estate and real estate directly.
But typically, they're going in and buying corporations. They're buying commercial paper
and they're buying real estate. But they're buying it using variable interest rate debt and then repackaging that, selling it back to banks who place it in a whole bunch of shit.
We saw like finally people catch on to the narrative recently.
So some videos went viral, but people finally talking about it after four fucking years, basically since COVID.
talking about it after four fucking years, basically since COVID.
They've been running it all the way through for the four years,
even in through high interest rates, because it's just so attractive.
The trade was so attractive.
But that's really where the real risk is in portfolios.
And it's not really in the residential side, which I think needs to come down,
which was going to have a major effect on on on our our quote-unquote gdp
and stuff like that and our our our homes are way overpriced i think we're at like 143
143 percent of gdp right now it needs to come down needs to come down how do you how do you
see it coming down though i mean we're in a high interest rate environment there's pent-up demand
they haven't built enough homes to meet the demand because construction's been, you know, slowing down for years now. How do you? I don't see it, man.
side of things because that's where about 35 to 40 percent of your cost funny that 30 it's about
40 to 45 percent of foreign investors are in our markets and about 40 percent of cost and uh in
homes is all regulatory right so if you start freeing that up they build faster comps start
sliding lower so and and they're already prepping like there's new neighborhoods going up and here
where i live in californ California all over the place.
And it's not just because everything burned down. These are areas that didn't get affected by the fires.
And that's in California, which is very difficult to build in because it's the state that actually goes a couple steps further than even the federal side.
So, yeah, you know, I think it's, it's going to work.
And how do you buoy that? Well, you buoy it with buyers and that's, they need lower rates,
right? You need it more accessible. But that's going to eat up, but those buyers getting those
lower rates is going to drive the price. Are they building millions of homes in the next couple of
years? Like, I don't see it. Yeah. I think under Trump, they potentially could. Yeah. No, I mean, if you look at some of the bigger investments into it now that he's in office and now that he's got that executive order in place, I really do think that we could potentially see a boom in houses, which really does drive housing prices down, which is where we're going to move from inflationary fears to deflationary fears.
we're going to move from inflationary fears to deflationary fears.
That's the next big narrative, by the way.
That's the next big narrative, by the way. And what do you do?
You cut taxes, you reshore dollars and everybody's going to scream,
price is coming down deflation after they got on the, Oh my God,
inflation kick. And,
and they're always going to be chasing the narrative and that's fine because
while they're chasing narratives, we're making money. Right.
Yeah. I get what you're saying. If they're building millions of,
I mean, yeah, but if you're looking at me and saying we're going back to 06 and they're building millions of homes in a year, then yeah, in that scenario, for sure, supply will flood the market,
driving the price down, coinciding with lower interest rates. So yeah, I mean, but I didn't
see millions of homes, but that'd be interesting. Speculation, but you got to remember the market speculation.
And yes, I know comps, but market speculation is going to drive them down first because as soon as you cut regulatory, now you can start.
You're starting taking right off the top because they'll say plan development.
Here's the price of the homes going in this plan development.
They're going to comp you out versus that every time you know that.
And that's going to be it's going to be an interesting time period. And I think it's going
to be great if you have money, you have dry powder on the side, or if you have a decent credit score
and you have an income to go and actually buy a home. I think this is a great opportunity. I don't
care about the deflationary fears, right? Okay. It affects stocks. Cool. I got Bitcoin
and Bitcoin's going global. And if your stocks go sideways for 10 plus years, I'm okay with that.
As long as more people can own their homes, there's cheaper food, healthier food. And there's
actually a real educational system and the real jobs you can get after you get out of the
educational system. We don't have that get after you get out of the educational
system. We don't have that right now. That's why everybody got their degree and woke and went and
drank coffee at Twitter for fucking five years while banning your account. They didn't actually
serve any purpose. They had jobs that really weren't needed, right? But they had the money to support the workforce
because of inflation at that point
and the price inflation for their companies
and exporting all the jobs and cheap labor and everything.
It's a bunch of garbage.
I just want to play this real quick
because the European Union during this weekend,
they were like, yeah, we're going to hit back.
We'll hit America hard back.
Shit.
We'll come right at their necks.
Today, the song and dance has changed.
We stand ready to negotiate with the United States.
Indeed, we have offered zero for zero tariffs for industrial goods,
as we have successfully done with many
other trading partners because Europe is always ready for a good deal.
So we keep it on the table, but we are also prepared to respond through countermeasures
and defend our.
Nasseri. That's today. You know what's hilarious about that?
As we've offered and have done with other partners,
why did the United States have to beg?
That's our greatest ally right there.
You want to know what's funny? It's like we the whole we're gonna fight this we're gonna fight this you're gonna have you're gonna start seeing the
meme coming out going yo america got hands because that's what they're finding out it's like oh we're
gonna fight back but america's got hands don't worry about it like china you know what i think
you know what i feel you just don't know landy on the real i i
feel yeah 100 because you that that remark that came out like you know america is a bully
that told me everything that i i needed to know like they're suffering big time good and they can
only do a few things to you know to i guess hold off on this but like
Trump I gotta
I don't give a fuck if you like Trump or not man you gotta
respect that he
is not budging
he's not budging and I think everybody
I think some of these world
leaders thought that he would buckle under the
pressure from within the
United States of America because that's what it is
you got a bunch of fucking
it's wild to see some of these people that represent you in congress fucking just
completely like going against the president man like trying to figure out how to handcuff him
so he's not able to go ahead and make America's economy great. You know what?
They just want him to fail.
Even though they know if the outcome out of this makes America healthy for a long time,
they don't want to see it happen on the hymn.
So they'll do anything possible to go ahead and put whatever they need to put out there to get people like that marching out in the streets like this weekend on Saturday.
That was wild.
To see people marching because we are getting rid of fraud and overspending is wild.
Like you would think as an American, you want to get rid of useless shit like that this is we've
talked about it 50 million dollars 50 million dollars for fucking condoms like fucking 25
million for transgender mice like you would think we'd want to go ahead and not have our taxpayer
dollars go to that shit and this is not just some make-believe shit like this is these were real payments you
would think we don't want to pay eight million to ten million dollars or billion dollars to
politico and all these other fucking you know npr you know all these motherfuckers were receiving
money so to promote the woke virus bro like it was in its insanity when you look over the these are our that's our
money and then they want to tax us more the crazy part is they they use our money then they need
more money so they need to tax us more so it goes back to let's tax the rich like i'm telling you
what point do you just say like yo the rich are being texted 99 we must
get that additional one percent we must have it at a hundred percent that i gotta tell you big up
to fucking trump man this dude they try to assassinate him twice try to throw him in jill
for no reason bro this dude is standing in the line of fire, something that I have never seen so far in politics.
He stood in the line of fire, bro.
Put his legacy on the line.
Nope.
And it looks like he's going to win out.
It's crazy, bro. which i i love to acknowledge is he made sure that crypto be your for him dropping that meme token
just locked in like the trenches like for forever bro like trenches are always gonna be cooking i
like i hope i sound like a degenerate right now but like dude like things are cooking at like
right now like bro i'm so pissed like i don't know if you heard about this one but the that
the thing that elon always talks about the retard finder shit like that like bro that thing came out like i think it was like 18 days ago it's currently like
fucking i think it's not like it just broke like 33 mil or something like that like going on a
crazy run with all this bullshit is happening like people are never it's always gonna feel
like no one's leaving because the casino is always open and i think that's well we saw that
we saw we saw that. We saw that.
And I saw that.
This is why my thesis around meme coins is the way it is.
I discovered what you're talking about right now,
November 2022,
the moment where, bro,
there's no reason anyone should be messing with memes
in that particular month.
And yet the entire freaking bear market, bro,
it didn't matter if we were fighting to get 18 influencers
to push SBF token to 100k it didn't matter if we were at a hundred thousand bitcoin and everything
in between we were memeing the whole time we are under the greatest president of our entire lifetime
we are experiencing the greatest economic upheaval in our lifetime it is the healthiest
best thing the bones needed to be broken so they can heal we are literally living in the
greatest economic moment of our life hanok hanok what that's absolutely crazy bro i mean i'm
actually agreeing with you on that you know what david good morning everybody good morning
um what you're saying right there is absolutely true i think what we're witnessing right now is the greatest transfer of wealth
this world has seen, and it's coming to America. David is absolutely right. The Democrats and the
people on the Republican side as well, those people, whoever they are, they wear the Republican
banner and the Democratic banner that hate America, control the media, they control the narrative. I mean,
Jesus Christ, I was sitting in here listening to this, but I was also watching MSNBC,
you know, their business power lunch or whatever the hell it is. And these people are literally,
that they have on here, jumping up and down, screaming that Trump is destroying the country.
Trump is destroying the country. The problem is these people that we elect are inferior,
probably to us, but sure as hell inferior to the president who wrote the book called The Art of
the Deal. He's literally steps ahead of all these people, including other world leaders.
You know, I think at the end of the day, people need to understand, look, you might have to go
get a side job. You might have to do this, you know, but here in the look, you might have to go get a side job.
You might have to do this.
But here in the future, you actually might own the damn company one day.
Man, that was phenomenal.
That was excellent.
Right now, Trump is stating that we are on the path to, uh, eliminating, uh, capital gains tax.
Wow.
2025.
Wow.
Wow.
Greatest president of the last man.
He might, man, bro.
If he does that, bro.
David, you remember last week when I was saying like, this is only one part of his economic
agenda and we have to watch the rest unfurl and watch the narrative change.
Here it is.
They've been hinting at it since even before he got elected about getting rid of income tax on $150K earners, which means even if you earn more, you can claim $150K is not taxable.
All of the no tax on tips and all of the other stuff that he doesn't want
taxes on.
Right.
Watch the tax agenda unfold,
watch it unfold.
And yo,
you have no idea more money in your pockets to Michael's point.
Just a moment ago to David's point.
It's pretty much every day since Trump's been running
for the past couple of years,
is what?
He's here to fix Main Street.
That's right.
Not Wall Street.
He just stated the other day on a post,
only the weak will fail.
He is literally broadcasting to everyone who will actually
listen to him and take him serious on what's going to happen. But these people in the media
and these pundits and everyone who's trying to make, you know, sound like the world's coming
to an end, you know, these people hate him to begin with, but he is literally telling you what
he is going to do. Now, whether you want to accept it and believe it or not is up to you and your portfolio he's warned i agree he's by the way
i mean like they did come out and warn us like that in the sense they said we don't give a fuck
about the stock market like they literally came out in a state of that. So it's not like, this is not a shocking event that's happening here.
Like they,
well,
it's funny when they were asking questions yesterday on like meet the press
and all this shit.
Right.
They're like,
we don't care about the stock market.
Like it kept on going back to that.
We don't care.
Well,
Scott,
we're focused on most people.
And he elaborated on it.
Like most 50% of the country doesn't even participate in the stock market. There you go. We're focused on most people, and he elaborated on it.
Like most, 50% of the country doesn't even participate in the stock market.
There you go.
Okay.
And that's going to change.
And literally, like, I'm watching Scott say this, and I'm like, yo, like, this is, it's fascinating.
You know what it is?
I think this is what I really, like. You think about it right now.
It's like we haven't had transparency from the government in such a long time that when we get hit with like real talk, like people are telling us like, yo, this is what we're doing.
We think like somebody is tricking us.
Right. like somebody's tricking us right like we but like trump has shown you in his 11 to 12 weeks in office that he's doing exactly what he campaigned on like go back 30 to 40 years ago when he was on
oprah and he was talking about implementing tariffs because it was unfair when he traveled
to japan there were no american cars there. And we get hosed.
And he was talking about country to country.
He's been waiting for this moment his entire life to go ahead and do this for the United
States of America to make it fair.
Just run it back.
I think people think this is just some new idea that popped into his head and he just
one day woke up and he said, tariff.
Like, no, like it goes 40 years back
i don't know man if you're not i just don't understand the whole i'm american i'm a democrat
and i'm going to root against the president but i i i don't get that i didn't as a republican i
didn't root against democrats i i didn't I don't have to agree with some policies,
but I didn't. I wasn't rooting for
whoever sat in the Oval
Office to lose, because that means
I lose. It's a weird
concept.
Weird train of thought.
I think at the end of the day, a lot
of people have been brainwashed
starting in our school systems
and have been brought up through our educational system and higher, you know, learning, you know, through
the universities that, you know, America's bad. America's the devil. They might be Americans,
but they're not for America. You know, they're for the destruction of traditional values that
our country has, you know, you know, had, you know, really since our founding, you know, and especially when
you have someone like Trump, who's basically coming in here, just like you said, you know,
resetting everything, um, you know, back to the way it should have been. This is like war to these
people. You know, they don't want to see America flourish. They want to change it to fit their ideology.
Bro, it is so crazy.
I'm literally about to just go on a crazy on Foulsbury.
How did nobody
tell me about
Retard Finder coin, bro?
I am fucking pissed right now, bro.
We're sidelining.
I saw that shit.
I saw that yesterday.
Bro, Elon's been fucking talking about this stupid shit. No one on my timeline now bro i'm fucking annoyed right now bro fuck bro nobody nobody has all your boys are too busy applying for now they were all too busy applying for welfare, bro. And it's okay, man. Motherfuckers missed that.
They couldn't even apply for welfare
through the tiers. They couldn't complete the forms.
Yeah, they can't afford to drive over the gas.
That coin was like
2.6 million just the other day.
I've been watching it for
a couple weeks.
Yo, Michael's a treacher?
Michael's a treacher?
Our Florida real estate Republican political campaign activist is a treacher? Michael's a treacher? Our Florida real estate
Republican political campaign
activist is a treacher?
Let's go. Sort of.
I'm over here talking about
Bitcoin treacheries. You're talking about
I saw that at 2.61.
You're a dog.
Dude, that account is so
I'm just looking at that account. That account is so
plugged in with Elon, bro. He just got someone's
account on ban that was doing the, I. He just got someone's account unbanned
that was doing the...
I don't know if y'all seen that viral ass video
of a guy who went to a Democrat rally
and he had like a retard finder like a buzzer.
Yo, he got him unsuspended.
He did? What?
Hell yeah.
Yo, that was hilarious.
Bro, I just cannot believe no one tweeted about that shit.
Like, what the fuck? If I would have saw that shit, I would've full-ported everything Because everybody was fucking crying, man
Nobody had time to retweet anything
Hey, we're over here talking about tariffs, dawg
Or experts over here
I actually tweeted about it
But Andrew doesn't have his noties on for me
Turn your noties on for Michael
Republican campaign political activist
treasure what a legend
I don't know I was on my villain arc
if you look at my replies just going after all
these big accounts calling them stupid
so that's all
alright
it's 12pm and that's the time that I
close up these rooms.
I just want to give everybody a shout out.
Everybody who tuned in.
I do appreciate it.
I started early just because there was so much fucking panic on the timeline.
It was just like, what the fuck, bro?
But shout out to everybody that's actually making the proper tweets.
Shout out to everybody that's actually making the proper tweets.
If you know your shit and you know anything about this, put that shit out there, man.
There are people that are looking for information.
They're not looking for your fucking trending tweets.
They're looking for actual information to understand what the fuck is happening.
If you're holding spaces and shit like that educate people on exactly what's happening
I'm not saying comfort somebody
I'm just saying just tell them the raw truth
what's happening in the markets right now
why it's beneficial
I'm not saying everybody has to be
in an echo chamber
but we can speak the truth
for me personally
I love this
I love the fact that we have the potential
of making you know america and its economy much healthier so on that i'm happy um
shout out to everybody you know the shows you know how it goes down give everybody a follow
who's up here um tomorrow we'll be back obviously we'll talk about I'm sure we'll be talking about this again
I'm sure something will come up today
maybe you know
maybe there'll be a sanctioned fight
Trump versus China
I don't know man
maybe things will go down
we shall see
crypto looks like it's
you know
listen again
I'm not taking none of this too seriously
holler at me in May and June
Let's see where we're at. David, I got a question for you. Does anybody know what time the feds have in their closed-door meeting?
It's already started. It has started
So we'll see what comes out of that if they have a yeah, I wonder if a rate cut comes out of it
Wonder what effect that has on the market.
Again, a lot of cool shit to submit.
We got more pain.
I was speaking in hypothetical.
You feel some sort of way.
You want more pain.
That's great.
For me, personally, I don't really care.
I'm numb to all this stuff.
It doesn't really matter.
Honestly, for a new person, that probably scares them.
For me, it's like whatever.
It's a walk in Central Park.
Actually, it's like going onto the subway.
I've done it once.
And you have, like, a mariachi band that comes on,
and they won't stop singing until you give them a dollar or some shit.
Anyway, thanks for tuning in.
Appreciate you guys.
I am heading to go ahead and do my show and that's the breakdown live.
I'm going to break down this shit.
Okay.
I'm going to break down this shit.
You can go ahead and tune in nightly recap, 9 PM Eastern standard time.
By the way, I missed the whole, I met, apparently it was a great show yesterday, but I missed
the whole, uh, conspiracy theory show that goes on Sundays.
I don't know what happened there.
Apparently there's lizard eyes on the moon.
So, I mean, I wish it was recorded.
I can listen back to it.
But anyway, thanks, guys.
Appreciate it.
Bobo Billions and I'm out for real Bobo Billions.
Bobo Billions.
