The Market Just Did Something It Has Not Done Since 1992

We are going to get into it. I see y'all already in the chats, and what a blessing to be here. What a blessing to be alive, uh, to have breath in our lungs, to be able to choose joy and peace. It's always a great day if you make it one, right? Pensacola Beach, yes. Michigan, what's going on? New Jersey is in the house. What's up? Uh, go ahead and like and subscribe. I'm going to jump on with my members after this, and we're going to talk about some things Um, I want to give an update for the market. And what's up from Michigan? Um, I want to give an update for the market because, uh, we've had a couple of things, um, happen in the last week, and I want to give a little bit of perspective. And like I said, I'm going to go on with my members after this and dive into some signals, um, that I'm seeing. But I do want to really kind of, um— what's up? I see you guys in the chat. I want to give you guys some perspective. What's up, Washington State? And, uh, we've been trying to get this money, right? Yeah. Ah, yes. All right, um, you guys are awesome. Listen, um, what a great time to be alive. Everything is, um, happening the way— I mean, if you're paying attention, you understand what's going on in the market. And, um, thank you so much. Uh, I see y'all like the hoodie. Uh, I was actually trying to Man, just get something on real quick. I was with my members today for, for over 3 hours, so we was diving in and making some structural changes and, uh, learning about, uh, silver and gold and, um, you know, how to store them and just answer some questions. And so we had a great, great time. What's up, Keandra? Uh, we had a really good time. Um, just, just, you know, wealth building is a process and it takes some work, and we were you know, getting real intentional about it. And we got some people, uh, in the group who are, uh, who's— who understands, uh, precious metals. Um, and we were putting our brain together, sharing our strengths, and, um, just planning together. And I love it, I love it. Bow wow, little sister. All right, um, uh, my back, uh, Dwayne, is doing a lot better, a lot better. I'm still taking another week off of, uh, MMA so that I can completely heal Uh, because I definitely want to get back to kicking and punching the right way, and I don't want to mess nothing up, especially before, uh, the end of the month and my, my daughter is graduating and everything. So I want to make sure that I'm, you know, nice and well. So I'm going to take it easy and build back into some momentum. All right, um, all right, we're gonna get into it. Uh, there's a lot to talk about, a lot happening with the market, and I'm going to help you to understand and process it. A lot of people, interestingly, um, we've had some, some uphill climbing in the, in the stock market. And of course, when you see those green days, a lot of people come in on the back end and wonder if they— if it's taken off, if they missed out. Um, I'm still under the impression that, um, I'm still under the impression that it's only— oh, thank you so much, Aspa. You are precious. Um, trust me, some good people out there, um, saying a lot of, uh, good stuff as well. I mean, we all have our different takes, but I'm going to help you to understand, like, the difference between, you know, when you see day-to-day movement. Always be buying, always be participating if you can. Um, just manage your risk, dollar cost average, and think long term, and you'll make money in the market. The market being volatile is a great way to make money, but it doesn't change the structure. And I want you to make sure that you understand the structure, uh, the financial structure that we're in right now, the monetary structure, the, the global reset, what's happening, where capital is flowing, where liquidity is going. Do not lose track of where we are. Do not lose track that at some point, if you not parents preparing for a recession at some level Um, I, I don't know what to say. At some point, we don't know when, but listen, if you have time to prepare, please do, uh, because there's a lot still happening, um, around the world that you may not realize because you're looking at your community and looking at what's going on just in your, in your sphere. But, but there's a lot of problems that's existing outside of where you are. What's up from Canada? Um, I'm, I'm seeing stuff about water limitations and things like that. And so Texas is in the house. Um, so let me just say something that happened last week. You know, we got this, uh, market was moving sideways today a bit. Um, I think XRP has now taken over Tether, so it's number 4, or not, not Tether, sorry. Um, has taken over, um BNB. Okay, so I think it, you know, they've been going back and forth between March. Yeah, uh, XRP is number 4 now. So, you know, we still got the market trading, um, trading sideways, but XRP has now overtaken Binance. And so they've been at war with, you know, 4th and 5th place, um, on the, uh, the market cap. So, uh, I'm looking at, by the way, uh, CoinMarketCap. Coin, uh, what do you call it? Coin— yeah, CoinMarketCap. So, um, the NASDAQ went up, uh, 13 straight days in a row. Um, that's the longest winning streak in over 30 years, by the way. Okay, so, and during those 13 days, um, the 7 biggest tech companies in America added $2.5 trillion in value. Crazy, right? In 8 days. Um, yeah, they, they added a lot to, um, to, uh, the capital. I'm just looking at some of the, um, comments. And your first instinct may be to think that things are about to turn around, and I'm not saying it couldn't go higher. The market can get really irrational, but I want to help you to understand what sometimes moves the markets, okay? So a lot of people may feel like, oh, it's moving, maybe the worst is behind us. Um, but I need you to slow down on that thought again because we are to look at structure. Uh, the, the— you can make money in this market, but you cannot lose sight of structure, okay? You cannot lose sight of what's going on with energy, with oil, with Um, Japan, you know, just macro environments with Iran. You can't lose sight of that, I'm telling you. Um, because if you ask me, every single day the market, uh, first of all, it's manipulated, okay? If somebody come out and say, hey, everything's okay, even if it's not okay, okay, sentiment is going to look at that and it's going to price that in, all right? And so you got to understand that. Now Let me just say, nothing I say is financial advice. What's up, Edwardo? Um, everything I say is not financial advice. It is not information for you to go and invest based off of what I say. What I say is just for educational purposes only and entertainment purposes. So make sure you do your own due diligence. All right, um, all right, so let me kind of help you to understand the distinction because I want to make sure that you get it. All right. So gonna crash before it takes off, and I hope so. I mean, I, I really do hope it goes down before it goes up. And you know, I want to address something because you cannot make this stuff up, but after my last video, somebody put a comment that I want to address, but I'm going to address it in a minute. I do want to, um, help you to understand what's happening. Uh, there is a difference between sentiment and structure, and I just need you to understand the difference— that the market is moving by sentiment and you can make money off of that, but I need you to understand structure so that you don't lose sight and you don't be fooled, um, by what's happening. Because a lot of people are confusing the two, okay? And that, that confusion is going to cost a lot of people a lot of money if they're looking at sentiment and they're making long-term decisions or not properly preparing during this waiting period, during this period where people think, oh, what a relief, like, like there's just a relief, like almost like a relief rally And every— you know, when you have relief— the thing about— I tried to tell my daughter this, uh, years ago, my youngest daughter, when she was up for some kind of award or something that she didn't get. She was up for a certificate and somebody else, I guess, got it over her. And I told her she had an advantage, and the advantage was that, um, she was able to be able to take time to develop more education and self-awareness about why she didn't get the award and learn more about herself. And I told her the reason why is because everybody else is celebrating, and you do not have full perspective, um, in the middle of celebration. It just— you're not going to see what you did wrong and, you know, see, um, like, have the same level of clarity and intentionality with trying to assess the situation when you're celebrating. Celebration takes over your emotions and, and gets you into a mode of um, like a relief, a rally, a, a celebration, a joyful time. It's just you don't look at certain things the same way when you're celebrating as when you, you have a loss or you are in failure or you are, you know, something didn't go the way you thought it would. You have more time to reflect and you, you have more time to develop, um, the, the bullseye of what didn't I miss and where do I adjust and where did I go wrong, you know. And that's why Michael Jordan says he, he remembers all the shots that he missed, and those missed shots were what woke him up to understand more about his game. Failure will get you to understand more about, um, yourself than, than celebration will, than, um, wins will. Trust me, because everybody spends too much time celebrating. And so I say that to say that sometimes, um, if we're caught up in the hype of what's happening, like, yes, even for, for, for people who may, may celebrate if when XRP reprices— and, and I get it, there's a time for celebration But if sometimes people can over-celebrate till they miss the next place that, that they should be adjusting, okay, they celebrated too long. And you know, you ever, you ever had somebody in a sport event or whatever, or a boxing match, they get up and they start celebrating like, yay, yay, and they turn around and that punch come right at them because they celebrated too long. The, the person got down, but they took too long celebrating, so the person behind them got back up and they started getting prepared. And they eyes, they don't have eyes in the back of their head, So they're focused on the, uh, the celebration, and they turn around, they get knocked out or something. Okay, it's one thing to say, yes, I knocked you out, I gotta, you know, I gotta score, or whatever. But if you celebrate too long, you will be caught up in the midst of things that you don't want to be caught up in because you, you'll lose sight of things. And that's what happens sometimes when the market rallies. Um, sometimes it's a fool's rally. Sometimes you have institutions selling in those rallies, right? So again, there is a difference between sentiment and structure. And I'll say what the difference is so that people aren't— so people can— you can celebrate and you can say yes. Like, I told you guys, I took gains on over 300% in an AI stock that I got into, but that didn't make me lose sight of the structure that we're in and what the possibilities are. Okay, Sams, thank you so much for the Super Chat. I just opened my first crypto-driven Roth with iTrust Capital. Love it. And got 800 XRP. Wow, action takers, action takers, history makers. Okay, um, this is amazing. I am excited that you just did this and you got this off your, your little list. Hey, this should be a bucket list for everybody, um, to get enough, you know, uh, financial infrastructure under their belt to, uh, to secure the bag for their future. I love this, Sam. Thanks. Thank you first of all for sharing this. Thank you for the Super Chat. And I commend you because some people will listen all day long and they won't take one step forward. Okay. They continue to like listen, listen, listen, and they don't do anything. I see Kimberly is taking good notes. But yeah, you will, uh, often you'll lose sight. And that's— and honestly, it's that— that's where the manipulation comes in, because smart money sometimes get retail excited and stuff, and then they pull the rug right from under your feet. Okay, so again, you can make money, you can always be participating, right? Dollar cost average, think long term, very simple. Don't time the top, don't time the bottom. Because you never know. You just never know. But at the same time, have a perspective of where we really are in our monetary system. There are so many signals and warnings, like a big alarm going off. And you got peop— you know, one tweet here, one tweet there. Let me try to, you know, get this under control. But Let me, let me give you the difference, and I'll get back to some more of the comments. But I need you to know this so you don't lose track, because I keep telling you guys, I think 2027 is going to be a horrible year for a lot of people, okay? You don't understand. If we get to the point in which the, you know, the chain, the dominoes that energy and oil interrupts it's going to be rough. So don't, don't get too ahead of yourself. Even if the market moves in a, you know, up or whatever, I love it. I make— I'm making money. I think you can make a lot of money. I love scalp trading. I love it. Um, but you, you, you have to be preparing, guys. You do. Um, and I'm going to talk a little bit more in my membership to specific signals. Even there are certain— that precious metals have signals, and I'm gonna go— I'm gonna dive deeper into the signals that, you know, even gold is flashing. There are a lot of signals that's happening that kind of let you know where trust is and where we're going to end up. Even for a lot of you guys don't know that Trump is about to switch over to, um, a new Fed, right? And the— and he has talked about his 3-step plan. And if you don't know what he's about to do, which is like pump more money— I mean, push, you know, liquidity cycles, you know what I'm saying? Like, if you don't know what, what his, what his 3-point plan is, I think you better understand because it's going to make a difference between who are the losers and who are the winners. There are losers and winners to this, okay? So Let me just say this. Sentiment. Sentiment is how people feel about what might happen, okay? So you can understand how the market works. It's how people feel about what might happen, okay? Structure is what is actually happening underneath, regardless of how anybody feels. I don't care how happy you feel about, oh, the market did this. No, no, structure is what is actually happening. And I don't want you to lose sight of the two. So when you have 13 winning streak days, um, that's built entirely on sentiment. Again, make good money, buy low. You know, when, when the stock market dropped, hopefully nobody was afraid to like be buying. And then you, you take off and hey, you can take some profits and you can rotate that back or wait for it to drop again or another pullback. You can buy, but always buy more when it's dropping, buy more when it's on a 52-week low. Buy more when it's under the 200 moving average for good companies, by the way. Buy more when there's a crash. Load up when it's a crash, okay? Like on Liberation Day back in April of 2025. But sentiment is moving, um, and volume is going down, but sentiment is moving the market. And there's a— because why? Because there's a feeling that maybe Iran was going to make a deal. Why? Because That's the headlines. We gonna make a deal, ceasefire. Okay, the feeling that oil prices were going to come down, the feeling that the Fed might get room to cut rates, the feeling that the worst is behind us— none of those feelings were confirmed by data, okay? They're confirmed by headlines. And the brutal truth about how markets work is that, well, number one, people are going to learn the hard way because market— markets don't wait for good news to arrive. They price in good news sometimes months before it happens, sometimes 6 months early. They price it. That's why even last year when you saw they were the— when the stock market took off, it was pricing in that tariffs would get resolved. And then what happened? Every time it looked like tariffs wasn't resolved, a sell-off. So, but, but we don't know if— we didn't know at the time, uh, our terrorist result, we don't know. But it's like, it's the headlines that's moving it. So how do they feel about what's been released? The news was moving things, okay? So markets are again a forward thinking in that months ahead. So by the time, let's say, the ceasefire was announced, um, I guess it's the first week in April The markets had already started moving on the possibility of it weeks earlier, and then by the time NASDAQ hit 13 straight days up, the market again has already priced in resolution that has not been materialized. And then when the news don't arrive as fast as the market expected, or when it reversed, like, oh, sorry, not, you know, sorry, not sorry, you know, like, we don't, you know these agreements aren't being kept on both ends, then sometimes the market will stop, go sideways, try to figure out what it's going to do. Like, are we going to get something? You know, it's just trying to figure it out. All right, and, um, somebody has shared data— I can't remember who it was— showing that after the NASDAQ, the last time it went up 19 straight days in, in like, I don't know, 1979 or something, it gave back 100% of that within like 40 days. Okay, so I'm not saying that's going to happen. Nobody can tell you that. Nobody can tell you again the top, the bottom, or anything like that. What I'm trying to tell you is that a rally is sometimes built on sentiment, on the hope of a deal that, that to me it keeps collapsing, if you ask me. Um, and it is— that's fundamentally a different animal than a rally being built on structural improvement in the underlying economy. And right now the underlying economy has not structurally improved. Okay. You can't convince me of that. It has not structured— the, the whole system is going to collapse. 2008 is an example of that. Ain't nothing under the sun changed, all right? Oil is still elevated. Doesn't matter if it pulled back or whatever. Um, I now know the ceasefire deal is supposed to be 3 days away, and, um, so I don't know what's going to happen about with that, but, uh, gold will do well. I'm— again, I'm going to talk, uh, to my members a little bit about why gold will do well, not because of no ceasefire, no deal deal or nothing like that. Um, but it— the moves that gold has made has preceded every major gold move in the last 100 years, and all of them are flashing right now at the same time. So let me just say that. And government debt has passed the point where it can ever realistically be paid back. In a sense, something has to happen, all right? Like, rules are being changed. Um, I don't know what the government— the way they handle money right now, the way they're restructuring right now, is that of course we're going to end up in a situation where cash is losing value in, in real terms. That means your savings account is going to pay you less, um, than the real rate of inflation, and has been for years. And central banks, if you don't know, are buying gold not 1 or 2 years, but 15 consecutive years straight, it lets you know something. The people who print the money are exchanging the money for gold. Think about what that tells y'all for a moment. As a matter of fact, the people— the same people printing money are exchanging money for gold. Every single time in the last 100 years those signals— it's like 4 of them— has appeared together, gold has made one of the biggest moves. 1934, 1971, 2008. Like all of the times, okay? And 4 of them are present that I'm going to talk about again with my members, right? What's up from Moscow City? Let me stop and, uh, and look at the chats for a minute. Let me go all the way back. I want to make sure too I didn't, I didn't, um, miss anyone. Somebody said Cook Tether is cooked. I think so. That could be a black swan event if that— if Tether— if they wind up figuring out What's going on with Tether? Be careful, guys. Um, if they figure that out— I'm just again looking through the chats, and I want to address something. Um, every loss is a lesson. You cooking already, I love it. Um, say, I can't wait to fire my bosses. I love it. And, and I'm still, you know, I, I bought some more, um, XRP. It went back down to $1.40 like yesterday or the day before. Um, why is XRP the crypto to go with? Because, um, it's the next infrastructure of finances and it's made for a liquidity crisis and it fixes the problems that the traditional banks have right now, which is moving money without friction. It costs too much, it's too slow, and if liquidity has to move all at once fast and, and, and trades have to be settled The traditional bank is not set up for a crisis. So, and it has the SEC, it already, um, it also already has, um, gone through an SEC court case. So the other cryptocurrencies have not gone through that, so it's deemed not a security, even though SEC already named them digital commodities. But I'm just saying it's gone through the court case. And, um, so it's not that it's the crypto to go with, it's just I think it's the crypto to go with, but that's just me because of what I've learned about XRP. And let me just say this right now, Um, I don't think, I don't think y'all should spread yourselves thin. That's just me, not financial advice. I wouldn't spread— like, I've been buying crypto, you know what I'm saying? Like, it's some people that's holding certain cryptocurrencies that you're not going to sell in a bear market, you know? Um, if you were, if you were going to sell, you might as well would have got— you should have got out last year, right? So you don't— you— I'm not, I'm not selling in a bear market. I'm not selling mine. I mean, people can do what they want. Maybe they need the money or whatever. But, uh, I don't think you should— I think, I think, I don't think you should spread yourself too thin if you don't have a lot of crypto. I think you better get very safe on which utility coins are going to be 100% needed in this next global— in this next wave. I, I don't, I don't think people should just be gambling and like, oh, I'm gonna do this because somebody said do this, or I'm gonna do that. I think you really need to get highly educated in what you hold and why it's needed. Okay, and it's one thing to, um, so with XRP, it's one thing to understand it and to use it. It's made for institutions, but you're, you're buying into the next infrastructure. So it would be like if you were buying into the infrastructure of, like, if you were, um, on the ground level for the internet. That's different from using the internet. Okay, as to investing in the infrastructure and the protocols. So yeah, I, I like these, these technology protocols because they're going to be very, very useful. Um, love it, love it. I see y'all moving and shaking. Oh my goodness, I love to see this. You guys are actually, um, doing your work. Uh, does it make sense for somebody over 65 to open a Roth IRS? It depends on your game plan and what you use it for. I have somebody over 70 um, who's— or people over 70 who's opened up a Roth IRA, um, if they qualify, you know, with the earned income, because you can't be making too much, uh, but they're using it like for their grandkids, so they don't care about touching it for next 5 years. Now somebody else might say, no, I don't want to, um, put my money there because I'm already over 59 and a half, but it just depends on what you're using it for. You just got to know that now you got to wait 5 years to be able to touch it. But if you're— if you just want to sit it somewhere and not touch it and, um, not have to pay taxes on it, you know, as it appreciates, and you okay with waiting 5 years, and maybe you may use that money for something else or for your grandkids or whatever those plans are, that, that's what some people who are older in age are using it for. They're using it for other people in a sense, kind of, uh, so, and they just like the idea that, hey, it's a tax-free account, I don't have to pay taxes on it. So, and for all of you all who are asking, you know, about iTrust Capital Uh, that is where I hold, uh, some of my assets, a portion of my digital commodities— XRP, XLM, um, XDC, Quant, Ethereum. That's where I hold some of my cryptocurrencies. Why? Because as it appreciates, I do want a tax-free account. I want an account that I don't have to worry about taxes. There's a lot of things I could do with that account as it appreciates, you know. So, um, if, if you want more information about how to invest and put your assets in a tax-free account where you do not have to worry about the government coming after your money as it appreciates, then iTrust Capital, um, is where I personally use, um, or where I, I put my assets. And they also do have— I want to say they have like, um, they have where if you're doing, if you're doing a rollover, I think they match you 2% too. Um, so if you guys— I'll put the number in the description, but they have some, um, they have a couple of deals going on now where they'll match you 2% if you do rollovers and things like that. But anyway, um, to have a tax-free account, to have appreciation and not have to— and not have to pay taxes is amazing to me. And, uh, I think that most people should definitely max out their Roth IRA if you plan on making more money in the future because your tax bracket is going to be higher. Right? So if you're somebody that's like, no, I'm gonna be poor in the future, my tax bracket is not going to be much, okay, then maybe you don't need a Roth IRA, you need a traditional, you know, uh, IRA. But if you plan on being wealthy, uh, you're gonna have a higher tax bracket, okay? And especially depending on who's in office. And, uh, to have an account where you don't have to worry about that is amazing. They also have a $100 funding bonus if you fund the account, so they're giving that also for free where you can put those into your assets.. So the link to that is in the description. I'm just looking at some more of, uh, the comments and making sure I'm not missing anything. I do see a couple of Super Chats that I'm going to get to, but I'm scrolling down. Still accumulate, lady. And then some people will never sell, right? They're gonna borrow against their assets, um, and that's how you do not trigger a capital gain. What's, uh, so you don't, you don't trigger a capital gain, so you don't have to pay taxes also when you borrow against. So You can, um, have the strategy there. Do I think XRP will hit 77 cents? I hope so, but I don't know for sure, and I never try to time the bottom or the top. So, um, I mean, I've always thought it was going to come low. I, I think XLM is going to come low. That's just me, but I don't know. You never know 100%. That's why dollar cost averaging— I still buy to this day. I keep buying, I keep buying, I keep buying, right? At this point, I'm buying for my family members at this point. Right? But I do think we're going to have a pullback. And, um, I still got limit orders at XLM for 11 cents, 8 cents, 9 cents. Thank you so much, Dwayne, you're always so kind. Position since our 101 almost double. Yes. Tangent Wallet said, I trust Roth IRA set and getting into position for the explosion of XRP and tax purposes. I love this. Next, Katelyn Brown and LLC, not losing my gains to taxes. Hold it, I love this. I love it. You are on it. You are working. And you know what, like I keep telling you guys, it is work to manage your wealth building process, to adjust, to see what's happening, to not be moved. You know, I'm telling you now, some people are going to sell emotionally when, when certain moves happen. And that's why I'm trying to teach you how to be poised with your position, to be structured, to be set, to be planned. Um, you got to understand the overall picture has not changed, right? I love HBAR. I love HBAR. It's in my top 3, right? Um, no, sending crypto to a cold wallet is not a taxable event, but if you transfer one crypto to the next, that is a taxable event. But you can move it without it being a taxable event. No capital gains involved, right? Um, I have— I have it. I don't have XDC. I love XDC. XDC is on— I, I I, yeah, I think XDC is going to do very well. That's one of the ones I definitely think is going to do very well, right? I do recommend Tangem for cold wallets, especially if you are, um, especially if you are new to it. I think this is the bottom. I do too. I think this is 100% structurally the bottom, so I agree with that. But that doesn't mean that we can't wick down. So it's one thing to have a structure in place, but you know, you can wick down and come back up. Um, and it still, and it still keeps its structure. So I, I do believe we are at the bottom structurally of a bear market. So that's why I believe it's the best time to buy. I agree with you, Michael. I agree. Um, it doesn't mean that you can't have a, a, a wick down or a black swan event or anything like that. Um, it doesn't take that off the table, but I am 100% under the impression that we are at the bottom, okay? It doesn't mean you can't go lower, right? But structurally, and I could be wrong, but I do think we are pretty much at the bottom and we're pretty much in accumulation zone right now. This is accumulation. This is the best time to be loading up. I mean, we've, we've— if you got months and months and months of sideways action, man, this is the best. This is the best time to keep loading. You know, and let me say this because I got a, a comment. Um, you know what, let me, let me mention this before I even mention, um, the comment too, so you can understand. I don't know what's going to happen with this war. I pray for the best. I don't think it's going to end well. Um, I don't think we're going to put boots on ground. You know, Iran has been waiting on a, a boots-on-ground, uh, showdown for a very long time. So they ready if we want to pull it. They ready. Um, they got drones and stuff, you know. I think, I think people miss something that Iran openly said during the sea— one of the ceasefires, um, that it used the time to restock its arsenal— drones, missiles, and weapons. And they said that publicly. Um, which means I don't, I don't know if the ceasefire was what the market thought it was supposed to be. And while that was happening, also, uh, the Pentagon was, uh, asking, uh, car manufacturers, GM Ford, to, to talk about shifting production— sorry, I don't mean to laugh— towards weapons. I mean, because it's all a big old stage at this point, and you got to read between the lines. And if you can't read between the lines, you better go back and watch Game of Thrones, because that's basically— Game of Thrones will prepare you for stuff like this, to see what moves who gonna make and why they gonna make it, and what kind of incentives they got in inside of making it, and what kind of false statements they gonna say to— you know what I mean? Like, it's, it's nothing is as it seems, okay? So while the market again was celebrating, um, and hoping— and I'm not, I'm not trying to give doom and gloom or whatever, I, I just need you to understand that everything don't come out as it seems, you know what I mean? So I'm just helping you to understand. Um, this is worth knowing too, that the IEA chief said this week that Europe has approximately 6 weeks of jet fuel remaining, and flight cancellations are being warned about as we speak. The European Commission is encouraging remote working, um, and, and public transportation to cut fossil fuel demand. So these are not future risks, these are current conditions that are working their way through the supply chain that I keep talking about. That takes time, but it does work its way through the supply chain and every single thing that you pay for, including food and transportation and manufacturing. Okay, it's just not fully showing up in the grocery bill completely yet, but the mechanisms are in motion, and I need you guys to know that. Okay, so just Just don't give— the market can— yeah, just, just know what's happening, okay? Right. Um, those Legos says a lot as well too. Uh, yeah. Um, this is manufactured, y'all, and, uh, oil and all that, you know what I'm saying? This just makes it accelerate. I've been saying it's like this, they want this to happen. Okay, um, and we won't ever know who's playing what role, all right? Uh, we, we won't never know. Y'all fail to— some people are actresses, okay? They want you to believe whatever. Trust me, if you ever go watch Game of Thrones— if you never watch Game of Thrones, go watch and see all the moves and all the planning and stuff that they have and how they say one thing and they do another and they do— you know what I'm saying? Like, everything is been planned for a very long time on, you know, how this, uh, this, this throne is gonna overtake the other ones. And they, and they, they've, you know, been planning for centuries, you know. So, um, yeah, true statement, true statement. All right, so now, but let me say this, a bunch of schemers. Yep, that's exactly it. It's a scheme. Okay, um, Yes, thank you so much. I appreciate this. Big War, like the video. Thank you very much. Uh, let's support our YouTube. Thank you so much. Teaching a lot, by God's grace. Uh, this is the least we can do to show our gratitude. I appreciate this so much. Um, yes, like the video. It really do help the video. It helps my page. And I try to get on here and, um, talk about exactly what's going on and keep you focused. Like, yeah, make money. Volatility swings in both directions. Swings, swings, swings. But no, overall, where this ship is headed um, and, and, and the pain that it could cause a lot of people. We still do have the revert— the, the Japanese, um, trade going on, the reverse carry trade up, you know what I'm saying? And that, that continues to unwind. There's a lot that's happening, but I still tell you the good news about XRP and what institutions are doing. I've been telling you all along, and Saturday I came on here and I just talked about the fundamentals, and I constantly do that. And I got a comment the same way I would all the comments that where people are just discouraged about XRP, asking why wasn't XRP at $500, right? Um, and I, I just be like, oh, okay, because people really be sad about that. Like, they literally have like the, the, the crying face. And, and maybe it's personal, maybe it's like, oh my God, I'm gonna lose my house or something. So I'll never know how personal that feeling is. Okay, so I can't put myself in somebody else's shoes and try to figure out how they're feeling. But what I will tell you is that, um, there's, there's a group that's like sad about it, and maybe it is personal, like, I really need this money to take off, I'm at my last dime. And I get that, I get that feeling. I'm really underwater, maybe I bought on top or whatever. Um, and then there's another group of people that's like, ah, XRP is a scam, it's not going anywhere. And I've mentioned that before. And, um, it's really funny when people say that because the entire crypto market is in a bear market, okay? It's in a bear market and it's been that way. And XRP is in a bear market with it, right? So that's the answer when it's like, why isn't XRP at this? It's in a bear market. And I know it sounds simple But I think a lot of people have never actually understood what that means. Because if you understand what a bear market is and why it exists and what, um, ends it, then you, you stop wondering why XRP isn't however much money, um, you know what I'm saying? So let me just say this real quick. First of all, and I'll walk through the, uh, the mechanics of just the bear market, but first of all Most people can't really say why XRP is a scam other than, I told you the price wasn't gonna be where it's at. Okay, so you have nothing else as to why it's a scam. Institutions pulled out. Did they, did they pull out? Did they stop loading up? Did they— did Japan lie? Did the bank lie and say that it's 60% cheaper than SWIFT and that they've been using it? And that the racketeering and Charles Schwab got in on digital assets like Fannie Mae, 401k. Like, you don't have anything else to say about it being a scam other than that the price isn't matching it right now? The price of nothing is matching anything. We're in a bear market, right? So I just try to figure out what makes you think it's a scam just because the price is down. Like, do you have anything else to say about the institutions Have they gave up on it? Is it not worthy of anything? Are they not gonna use it? Are they— is Japan lying? Does Ripple not have all of these different partnerships? Did you get, uh, some kind of news that all of the partners pulled out and they're not, you know, gonna use, um, on-demand liquidity? And like, that cannot be your only reason that XRP is a scam and it's— and it's it's a marketing scheme. That cannot be your only reason. You have to have more reason than that, okay? Or else you don't know what you're talking about, right? So just— and, and just simple understanding of a, of a cycle would, would actually help on you understand just a bare minimum. That's just a— that's the bare minimum. You don't even have to understand XRP's protocol or technology or anything to like understand why it's suppressed. The same reason every cryptocurrency is suppressed. It's in a bear market, and a bear market is the best place to buy. And I'll get to the Super Chat, but if you don't— if, uh, for those who watch and they think XRP is a scam, because I know that you in the comments, that's, that's fine. Crypto follows Bitcoin, and it's not always exactly, uh, perfect, and it's all— and it's not gonna be forever. But right now in this cycle, crypto moves with Bitcoin. So when Bitcoin goes up, crypto goes up. When Bitcoin drops down, crypto drops down, including XRP. It's so simple. And Bitcoin follows liquidity. So when there's a lot of money in the system, when borrowing is cheap and capital is flowing freely, it finds its way into what? Risk assets. Stock, real estate, crypto, everything goes up when liquidity tightens, meaning when borrowing gets expensive and capital pulls back, it leaves risk assets first, like crypto drops, then stocks follow. Um, everything pulls back. All right, liquidity follows the Fed. When the Federal Reserve cut rates and make money cheaper, liquidity Expands. That's why they want to give you a stimulus check. And then when the Fed raises rates or holds them high, liquidity contracts. Okay, so right now, well, currently right now the Fed is just frozen. They can't cut because inflation is still running hot, and they can't raise because the economy is already fragile. So they're just sitting still right now, and liquidity is sitting still with them, um, and until something change, we'll see. Okay, like I said, it could be reverse carry. It could— Japan, if they raise their rates, then that can cause problems. And also the reason that the Fed is frozen is because of oil, because it, you know, being high— high oil feeds what? Inflation. And inflation feeds a frozen Fed, and a frozen Fed feeds tight liquidity, and tight liquidity feeds a bear market in crypto. Okay, if they would give you a stimulus check tomorrow, you would see you will see risk-on assets start to take off because they're pumping out money into the system. So the entire chain from oil to XRP price has nothing to do with whether XRP works. It has nothing to do with whether the infrastructure is being built. It has nothing to do with whether Japanese banks just proved that it settles 60% cheaper than SWIFT. Nothing to do with whether Société Générale put a regulated euro stablecoin on the XRP Ledger and all the money that's going on the XRP Ledger. It has nothing to do with whether Rakuten just made XRP spendable for 44 million people, and, uh, with being able to buy over 5 million products. All of that happened. XRP is still in the bear market. Why? Because the Fed is frozen, because oil is high, because Iran controls the Strait of Hormuz, um, because Bitcoin is, you know, down right now. And that's a cycle problem, that's not an XRP problem. So listen, If you're gonna say that XRP is not worthy, it cannot be because the price is low. It has to be something else. Did institutional adoption pull out? Did all the banks and institutions that's honestly been loading up while you're complaining, did they all come together and say, we're not gonna use XRP no more, we're not gonna use the— no, the world is still quietly creepily Creeping, creeping, creeping, accumulating highest ETF flows consecutive days. Like, I mean, $11 million averaging of institutional adoption to the, uh, ETFs. So listen, come on, get an understanding. All right, I left— I love this, Simp. I left some, uh, cash free in my Roth to buy when it drops more. Also got my first Tangem wallet. Yes, I'm so grateful for your help and direction. I love to see this. Um, I love to see this. Again, putting actions in place, putting a game plan together, uh, leaving some money for dollar cost averaging, which I do the same exact thing, right? I don't buy it all at once. I don't max it out all at once. I kind of wait and see what the prices are, dollar cost average. And some people actually trade in their wealth account because it's tax-free. So whatever they gain um, they, you know, they just keep gaining and growing it. You know, they trade in their, um, accounts, uh, as much as, you know, you got a cap for how much you can put in there. But yeah, so Ripple made the digital yuan in 2013. Love it, love it, love it. I'm looking through some of the comments. Um, yeah, it's all, it's, it's all Kimberly, it's all, it's an, it's in a bear market. So I mean, this is not the good, this is not the time to talk about XRP's price being suppressed in a bear market. It'd be different if we were like in a super bull market, everything was totally elevated at all-time highs running, you know, up 500% and XRP was down to 50 cents. Like, y'all, and, and XRP's price doesn't technically— the value doesn't have anything to do with, um, the value is going to come through institutional adoption. It's just that simple. I mean, if you could just get that one thing for those who don't understand— these are people who don't understand XRP. I'm just saying, they, they haven't studied it. They don't know. They don't know. Because if they do know, they will be going to ask the institutions, why are you guys loading up? Why are you all putting— you know what I'm saying? Like, uh, why are you all investing in something that's a scam? They, they don't know. They all— all they know, the only reason why people think it's a scam and it's, it's worth nothing is because of the price. That's not enough. At some point, price always matches the, the fundamental value of something. That's just like saying in the beginning when Amazon started off or whatever— no, it's not. You know, let's say Amazon went up and then it crashed back down. The question is, has anything fundamentally changed? That's really all you have to ask yourself, okay? Same thing with the internet. You can't, you can't put a number on a protocol. You can't most people— and I explained this— even when we realized that we would be able to get on the phone and talk to people in another country, we couldn't fathom how far this would really go. We couldn't fathom the fact that we would be able to look into a phone and actually see a face. So trust me, we— our brains haven't even conceptualized how far this is about to go. Um, somebody said BlackRock. Boy, BlackRock, get in on the ETF. It's game over. I'm gonna ask where y'all the scam people at now, when, uh, you know, because I'm sure at some point it will. Um, and I am grateful also, CJ, that it has not taken off so that more people can get on board. Thank you, Jesus. Okay, that's right. Like, seriously, um, I don't, I don't want it to take off. Uh, but to force a change because Iran is going to start selling oil. Civilians don't understand. Uh, we USA has no choice but to force regime change because Iran is going to start selling oil to everyone in China. Yeah, they already sell. Yeah, and we'll catch, um, on in the Middle East. The dollar is losing its power. Let's just say that because I mean, and I don't want to say the dollar is losing, um, I mean, a dollar is a dollar, but it's losing its purchasing power. This— and this is why— this is the main reason why they want to cut rates, because they can re-cycle, re-finance the debt, okay? And, and they can refinance the debt and then get you to— and then get you to loan them money, you know, treasuries, so that they can refinance. They can, uh, uh, pump money into the system, make sure that, you know, the devaluing of the money is— everything is devalued, is the purchasing power. You might look and see your bank account go up like You might be adding money to your bank account, but that doesn't mean that the, that, that your, the value is increasing. The value is still decreasing because the purchase is losing purchasing power. So it doesn't matter if you're, if, if your amount goes up, if, if the rate of inflation is, is on top of that, it doesn't matter. You're gonna still get less with what you have. Okay, so you may, you may be get, you get, you get fooled by looking at that number. You like, oh man, look at that, I got this much money in my bank account. Okay. Go see what you can buy with that in the next 2 to 3 years. You ain't gonna be able to buy nothing with it, so it's not gonna matter. And then they talking about universal income and all this other stuff. They keep pumping money and giving money to you, it's going to worsen. It's going to make things inflate even more, and the purchasing power is going to decrease because they keep injecting money in the system. And only people gonna— it's gonna be winners and losers. The only people who's gonna win are people who have assets. And most people don't have assets. I'ma just be honest, because they spend their money on stupid stuff. Even right now, people would rather spend their money on stupid stuff. They say, okay, go ahead and take the next trip, take the next— get your, you know, spend all this money on clothes and stuff trying to impress people that don't even care about you. They walk past you, they don't even notice you, and you think they do. It's all in your head. Stop looking at these people on Instagram in front of these fancy cars and fancy houses and all of this other stuff. Most people are not wealthy. They, they trying to look wealthy, but they are not wealthy. They're underwater. Everybody trying to survive. These people are not wealthy, trust me. They just trying to look wealthy because it's all wrapped up in their identity. They're insecure, half of them. So they want you to think that they got something because they're insecure. They can't live with themselves without impressing people. That's the majority of people. I'm just telling you the truth. It's a, it's a big show. They don't have it. Y'all remember when MTV Cribs came out back in the day? We used to look at these people with these MTV Cribs. Which one was the one that— the only person that did that let you see their real crib was Redman. He had a, a little small home in the ghetto. He was like, I'm not about to impress nobody. And everybody probably looked at him and was like, oh my God, I can't believe you ain't got, you know, But guess what I found out? I used to really admire those homes when I was younger, like, oh, I'm gonna live in one of those kind of homes. I used to really think they was doing it until TLC came out on the radio and said, y'all, we broke. I'm tired of it. I'm tired of just faking, faking the funk. We all broke. We ain't got no money. I'm sick of it. So, and then later you found out that they were like renting homes just to let MTV Cribs come in, or the people come and act like it was their crib. It wasn't even a crib. So this been going on since MTV Cribs where people was faking the funk, and here you are trying to rush after the, the crowd when they faking you out. It's a fake out, a shakeout, baby. Now you don't spend all your money on this stupid stuff and they ain't even got it, and then you learn later on, oh yeah, yeah, I lost it. I You know, we borrowed that house basically for a day. So, smoke and mirrors ain't got nothing. So don't believe the hype. People are struggling. Everybody's struggling. A lot of people are struggling, okay? And I just don't— I just don't want you guys— So Real— I just don't want you guys thinking that it is— everything is what it's cracked up to be. It's not. Folks got filters on they, on they pages. Like, what you see is not what you get, okay? Um, filming stuff for Christmas and making you think— now everybody want to— okay, here come prom. Everybody's spending $10,000 trying to compete with each other on prom, you know what I'm saying? Wasting all your money. You got— you don't spend $10,000 on your kids' prom. I'm sorry. That's the craziest idea ever. This— they ain't got no college money. You ain't got them no stocks, no businesses, no real estate, no cryptocurrency, no nothing. And you gonna go spend $10,000 on a prom like they getting married or something? Have y'all lost y'all minds with these teenagers? I'm sorry, this don't make no sense. Yep, that's what it was, MTV, uh, Cribs and Life of the Rich and Famous. Got y'all fooled, boy. They ain't even real. Anyway, um, I just wanted to be real. I'm gonna always be real with y'all. I'm just telling y'all, don't believe the hype. It's all a big joke, okay? You either got these people, and then you used to see, you know, like the, uh, person ran down the street with all these rims, got these rims on their car, tinted windows, all this other stuff, and then they pull into the house, they ain't got nothing. Like If you ask them like, do you have, you know, got big chains on their neck costing all this? I'm like, what are you doing? Like, what is this? Do you have any— do you have any businesses? Like, what are you doing? This is not like— it's not a joke. It's not a game. Like, we trying to— who are you trying to impress? You have nothing. At the end of the day, when you lay your head down on your bed, you have nothing. You have no assets. You have no real money. You have no goal. You have nothing. Come on, people. This is not a— you know what I'm saying? This is not something to be playing with. Why? Because your children— when the parents play, the children pay. You playing games with your money and then you're birthing in generations of people into poverty and scarcity. It's a lack of responsibility. We have to grow up. We have to teach our children how we're supposed to steward over our lives, okay? There ain't no reason why our children and our grandchildren and our great-grandchildren should, should be born broke, you know what I'm saying? Not at this point. It shouldn't happen now. So we gotta, we got a decision to make. We have, fortunate for us, huge opportunity ahead of us. Let's not blow it, y'all. Let's not blow it. That's all I want to say, right? Let's not blow it, okay? So, uh, let's, let's, let's, let's not blow it. That, that's all I can say, all right? Trust me, um, you have more to live for than yourself, okay? Your decisions are not yours alone. Your kids and your, and your, your generation will suffer if you just blow this, right? So let's, let's do better, y'all, all right? What's up, William? Um, say he's laughing. Uh, just arrived to the party, thank you so much. Um, thank you for your hard work. Quick question, do you know, do you think before the midterm elections we'll have a good dip? Um, I don't, I'm not certain. I mean, I would think that the White House wouldn't want, um, the markets to dip close to the election because it's going to be bad for them. Um, but most Americans right now are not in tune with this war, so they don't They don't agree with it. And I think at some point, I, I think that this is— this situation is going— I think at some point this situation goes beyond what we can control. I think at some point we feel like we— US feel like we can control the situation. I think US may find out that they can't. Like, Iran is not this— Iran is not Venezuela, okay? They don't— they're not. Um, and so, um, I don't— I don't see this situation getting better. I mean, you can manipulate the markets again, you know, you can manipulate the markets to get sentiment to like be okay and stuff like that, but at some point things are going to snap, I think. So I don't know what that's going to look like for midterm elections, because even thinking about the Clarity Act right now being pushed back, it's kind of Um, it's, you know, every day it gets pushed back. You got to ask yourself, is this going to happen this year? So there's a lot of things that I think are at this point probably beyond some of their control, even though they're trying to control it. But I think they wanted to get control of it so that they can get to the midterms and secure the bag. But I think they're going to find out that it's slipping away from them, and it's maybe nothing they can do about it. Like, Americans already are hard-pressed And, um, it's hard, uh, on a lot of people. You know, gas prices are crazy right now, but let me tell you something, gas prices are the least of our concern. When this chain supply trickles down into everything, you're gonna feel it. You ain't gonna just— it's one thing to just feel it in the gas. You can really maneuver that, like, okay, I'm, I'm going, uh, you know, let's go less places, or I'm— you can kind of control that. You're not— we're not going to be able to control all of the supply chain that's affected by this. And when it comes trickling down one by one and everything starts going up and, and things start getting scarce, and I, I, I mean, it's like, you know how sometimes you can get control of a situation until it's spread too large that you can't really get control of it? I think at some point that may happen unless there's a miracle. America, a miracle. Maybe, maybe a miracle can happen, but I don't see it. So, um, yeah, so anyway, I, I just wanted to answer that. Thank you so much, um, guys. You guys are always, um, awesome. Thank you so much, Linda. You definitely speak truth. You don't want to, uh, speak doom and gloomy, but it's going in that direction if we don't listen. Um, yeah, prepare. Yeah, yeah, I'm trying to like— I'm trying to show you the opportunity in it and trying to say, hey, so if we look up a year later and we're in like a super devastating place and people are like so devastated, um, they didn't prepare, you know, then we'll understand. Like, I, I— all I could do is share back, look, look, I was trying to sound alarm for a long time that if you position yourself and you prepare correctly, it won't hit you the same way. There's going to be winners and losers, and if you want to be on the winning side, I would suggest you just be an adult about this and cut back your spending. And, and the reason why I say an adult, because it does take an adult type of behavior to cut back doing things that you want to do, um, and making the more reasonable, you know, decision. Like, kids is like, I want it now, I want it now, even if they don't got the money for it, even if they don't have an emergency fund, even if they don't have enough assets, even if they don't have enough food supply, even if they don't have any— you know what I'm saying? Like, like, kids want stuff right now regardless of all the other stuff. Like, as an adult, you have to at some point make a responsible decision to say, you know what, I want this, But man, I, you know, my family depends on me. I need to make sure that I'm making the right decisions as best as I can, and I need to prepare as best as I can to make sure that we don't wind up in an uncomfortable situation, right? Um, because what I don't want you guys to have is woulda, coulda, shouldas, all right? And if you take that same money and again just invest it, use it in the right way, your net worth goes up. When— so you guard yourself against inflation, because when things start to inflate So will your assets. Your assets will also be inflated, and everything's going to be tokenized, right, on the blockchain. So why wouldn't you want to have real-world assets? Why wouldn't you want to have assets that are going to wind up on a blockchain that you can— that you can exchange value for? That's going to inflate. It's going to inflate too. When they pump money in the system, money is going to go in those assets, by the way. So, um, so some people will do very, very well. And others will be in misery and pain. All right, so, um, also links in the description for my coaching, uh, material. Um, you know, a lot of these things, uh, you have to plan for, okay? You got to know your game plan, you got to understand your structure, your sizing, your timeline, all of that. That's what my clarity calls are for. Um, and for your situation specifically, our coaching is there. We do live coaching. Like I said, I just was with my members for 3 hours today answering questions, working through our structure, getting details, understanding, um, how we can diversify our, our assets in an intelligible— in intelligible way— intelligently. Um, I gotta reword that because y'all know how my words get. Um, and then also, um, just working through how we are maneuvering through this economy, but also having opportunity. Because like I said, the more volatile things are the more opportunity you have when there is volatility. You can trade, um, if you, if you're good at trading and you have the skill set. I told you guys, SH— if first, um, and I heard somebody said— who, who said this? I don't remember who said this, but they were talking about how like, um, uh, I think DeFi is very dangerous right now, uh, with it being tied to Bitcoin, like XRP and stuff. But you're better off trading certain assets that do really, really well, that, that have highs and lows, like SHX.. And I mentioned that on Saturday, and I talked about like how SHX has like 3-month highs, 3-month lows. Like, you can really trade it and make good money off of it, uh, but be careful. I'm not telling you what to trade, or, you know, I don't want you blaming me for telling you how to trade. You do have to know the charts. You do have to understand, you know, um, you know, certain, um, you know, chart fundamentals, you know what I'm saying? Like, understand what volume is telling you, the MACD, the indicators., you know, are telling you the RSI, if you use them, and other indicators that you may use, um, the fib levels. Like, you have to understand, you have to study, but you can make money. So if that's something you want to do, um, go ahead. I mean, make money off this market. It is definitely a money-making market, but it's also a market that can make a lot of people lose money if they're too emotional, because things are not what they seem to be, okay? And so I don't want you like getting the rug pulled under you if you, if you don't know what you're doing. Just because— just be an investor. You're not gonna— you're not gonna be wealthy off of trading anyway. Trading doesn't make you wealthy. If you become an investor, you'll be wealthy, okay? And most people take their trading money and they invest it in longer-term plays, okay? So just understand the difference between the two, all right? Now I'm gonna jump on with my members. Give me about, um, give me about— use 50x the first time you use leverage, trust me. Oh yeah, yeah. Uh, I'm looking at just to make sure I didn't miss anything. All right, go man. Black Source Capital, put your assets to work for you, not to— yeah. Um, Black Swan Capitalist, oh, saying that like maybe, maybe that's who, who said it. I know I was watching a couple of videos earlier and I was trying to figure out who said it. All right, um, all right, I'm gonna jump on with my members. I appreciate you guys. Please like and subscribe if you have not already. Y'all know I'm gonna be back on Wednesday um, to rock and roll with you guys to give you some more updates. I'm going to go a little deeper and, um, show my members exactly what, uh, what signals are happening, uh, and how to position even greater and do some Q&A there. So if you're not a member, you can go ahead and join. It's only $2.99 for Android users and $3.99 a month for, um, iPhone users, right? So very affordable and it supports the channel, and it's my way of saying thank you by spending a little extra time with you guys and, uh, giving you the details of what I'm personally doing in my own game plan and, and helping to make sure you guys are also moving in the right direction. So if you haven't joined it, the join button should be by the video. And, uh, also share this video with someone who is wondering why XRP still hasn't had much price movement. Maybe they'll kind of slow themselves down and just take the time to accumulate so that they can get themselves in good position for the greatest wealth transfer that will ever probably exist in your lifetime. And as always, I want you to stay wise, stay wealthy, and I'll see you in the next video. Peace out.