 Man, so I was talking about how great it was and then for the The article for Ukraine Russia. They just sent missiles to the port. What the hell? Let me see something Do-do-do-do No, maybe it's a Russia to screw up a good day Russian Ukraine since Let's see Well, they may have bombed the port What if they bombed the the grain that'd be the dumbest thing, but I mean who knows All right, if someone's got some information on that 10 am I away? Well, that's a bomber. No, okay Who deals thoughts in the FDX offer to Voyager? I saw the offer from Sam Bakeman Fried He looks like he's really wants to help out boy. I don't know. Here's the thing. I don't trust anybody anymore So if Sam Bakeman Fried, it's like I got your best interest at hearts. I don't believe you So I think it's might just be The worst-case scenario is this it's a predatory offer He knows Voyager's on the ropes and he wants to pick it up for pennies and dollars and he doesn't really care about us As far as investors, that's the worst-case scenario best case scenario is he's Altruistic and he's trying to do the best thing for everybody and we're gonna go forward. Don't know I'm gonna ask you a question. What can we do? What can we change this in any way shape or form? Can we are we a part of this process or not only worry about the things that you can change? And I can't change that so if it does go through We'll see how it works from there, but I Can't change. I don't know the motives and I don't know enough about it to talk about it. So sorry will it again Douglas is big on it again. Great Let's see Dan and ah James started at three o'clock both at 15 waiting Yeah, so sometimes it's gonna happen. We're just gonna have an overlap type of thing That's okay. It doesn't really happen too often. I usually do this pretty early, but had a busy morning Okay Zito says not your keys not your crypto. It's the whole aspect of the room It's very right which goes back to of course the rules that we're always talking about The rules My rules not your rules you can you can adopt them Don't invest morning before to lose everything's a scam. It's all proven otherwise Don't leave anything in exchanges. Don't use leverage and take profits along the way very simple. All right Let's see here Well, that's nice. Let's see Master Blaster car down a ripple and Bitcoin or all you need XRP sure I Even says now Rob is saying is bullish. I'm not saying I'm bullish I'm saying there's bullish signals all around and When the facts change I change I will not be one of those people are like, all right Bitcoin's going to 100,000 get it in. This is the last opportunity to get it before 20 grand. No, I Just see I just see a path forward finally in a time frame that I think is reasonable. That's about it See that's and that's why I'm glad you guys are here because a lot of times the crypto tourists who are here in May of 2021 They would just assume all this guy's bullish and you know yesterday. He was bearish. So that doesn't make any sense So I'm just gonna spend everything on Safemoon whatever. So yeah, you have to you have to come in and Understand them and the exact minutiae of what I'm talking about Let's see here That's interesting Jingun Chao I feel like the bottom is not in because in financial market most people are not panicking similar to March 2020 Do you feel though about the car the car house mark about will pop in recession in July? So here's the thing. It's great point. So a couple of things first. I'll remember we were in Under 25 for the fear and greed index for 70 days It was the longest we've ever been in a fear and greed index for the crypto market ever So you have to understand You who are here are not like everybody else because everybody else is gone Just look at my views Which is which is okay I don't really I'm much happier now now to deal with tourists and answer the dumbest questions of all time Sorry, it was just getting super annoying to me. So now like the people that are here like, okay Well, I get it. I just got a you know, there's a there's a time frame I have a horizon and I can invest more than I can afford to lose. I understand the risks I know where I'm going and that's you guys so great So for this one, we're not panicking because I gotta tell you that those CPI numbers at 9.1 when they came out I was like, okay, let's see how far down it goes went down. I think we dropped from 21,000 to just above 20 no no 20,000 just below and I came back up. I Thought if they can do that in a two-hour time frame and not freak the f out. I think we're going good So there's that part The unemployment rate is another concern, but we're at 3.6 percent normally for typical what people consider an acceptable It's between four and five percent that number of unemployment rate should go up. However There are a lot of people looking for jobs. I just had a guy here yesterday Fixed in the dishwasher He was a plumber and we're like, hey man, I need a plumber out for our sports complex We're gonna put some more bathrooms in he goes. I don't have anybody. It's just me I used to have 15 people. I can't find anybody. Nobody wants to work and I'm like, where are these people? Where are they going? And I asked them this quote. I'm like, where are the where all your work is going? He's like, I have no idea, but they don't really work too much. So I'm like, this is a big problem So unemployment rates, I mean less people are going and you know Well, it wouldn't make sense because employment rate was high It then means they have to go to the unemployment office. They have to get those checks and fill out the forms But they're not and that's that's why it's that 3.6 percent. Let's see what it is now But I don't think that's a high. The big thing though is the housing market We see there's an increase of supply. There's a reduction demand Has those rates go up people can't afford a $43,000 single single-year home single-level home in america That's the average price in america $450,000 for a house. Can you afford that at 5.5 percent? What is that like $3,000 a month? It's pretty crazy James comes here and gives me a sticker of 20 bucks. Thanks, James. Keep it Buy cardano. That would be great, but thanks for the money. I appreciate it. Yeah, it's so nice He does uh, we do a lash him at the same time. He comes over and gives me 20 bucks. There you go, kid Don't spend it all in one place Thanks, buddy Rob, how do we escape the macro as the saying goes you can't fight the fed. It's true Do you see the fed quitting their quantitative tightening and starting back on quantitative easing anytime soon till the switch flips them out It all depends It all depends on where the numbers come from and what numbers they pick and if they're actually combating Uh inflation adequately and whatever they consider to be an adequate fighting of inflation. Remember the numbers Were skewed. I think we all know that at 8.5 percent and it was not transitory So when they take a look at these numbers, there's a lot of things they can play around with But the real question is to me the real question is this How is the gdp doing because we already had a reduction in q1 if we get a second Reduction of gdp and q2, which I think it we we will That means we're in officially in a recession and then of course all the people flip out That is the bigger question So maybe at that point then they start firing up those printers and going well work pretty well last time And uh, we'll see how it goes again. They could do that very easily. I mean, what's a couple trillion among friends We'll see Let's see 20 bucks for a pizza Hope he doesn't want one Thank you james very sweet of you appreciate it And this is a good point uh steel reserve That is the finest beer that you can buy in uh 7 11 It's a uh whopping a dollar 25. I think no I don't know that's the worst beer of all time Jay jetty says assuming the 75 base points increase how will the august cpi numbers affect the markets without a fed Meeting until simmer. That's the big question That's why I believe they're gonna go up a full point This is no one no one's with me. No one's on board with me. That's okay. I'll just stand out there Because they got to do these things they got to make the hard decisions and I think that uh, I wouldn't say it's a hundred percent guaranteed, but I mean, I think it's a 50 50 shot quite honestly A full basis point a full percentage point. Excuse me to come through Or three quarters of a percentage point which one it's going to be well, you got to combat this inflation quickly And if those numbers, you know, they didn't come up cpi numbers proved it So do you want to rip take the bandit off and do what you're supposed to do like your hero vulgar did jerome powell? It's up to you There's a lot of calls for jerome powell saying he is inadequate and not doing his job I think this will be one way for him to say all right. Here's my job. He does that and of course the entire economy suffers but The same thing happened the 80s in america When vulgar came out and said all right, we cannot have 14.8% inflation. This is ridiculous Let's start raising these rates and he did and He took a hit for a couple of years, but he as they say This is not them saying not me saying this. Uh, he staved off a uh Instead of a recession a depression. So we'll see Great question. Rob. Why don't you use binance? You can use I don't think I can use it Binance us texas. I think uh, however Uh, I live in portorico now. So I have signed up Just waiting for some things And then I'm gonna actually I'm gonna have somebody from binance come on actually and talk to you guys All right mountain man mountain man bear finally no, this is me being lazy Let's see Ah, it's a great question marty Rob based on the info we have presently what percentage you put into crypto versus housing right now All of it Let me preface it with this. This is not financial advice. I'm not a financial advisor Don't do what I do. Don't trust me. I'm a guy in his mom's basements green screen all that good stuff Why would you buy a house right now? Why would you buy any type of? um property when they are Vastly vastly overpriced and the rates are extremely high unless you get a super distressed asset and a pretty Great area and there's no reason So for us, you know my wife for talk this a couple nights ago. We're not going to buy anything We're going to wait a solid, you know 12 months to 18 months to see where things go and go from there so I'm not putting anything but Um, I'm still buying crypto Which is pretty easy dollar cost average. I buy every I'm waiting for tomorrow I was pretty happy to see the little decline today So we'll see what happens on sunday And then of course on the 27th. Ooh, which i'm going to have simon new from storm max on He's going to come on right after the drone powell talk. Uh, so we'll see how it goes again I've just been saving out my money for the 27th the drone powell comes out and says, all right Full percentage point up I think the markets will drop I don't know how much if he comes out and says 0.75 I don't think the market is going to do much at all at that point You know put all my put the money that I've been saving up for the last uh since the 13 seven for two weeks or so To put it into bitcoin and a couple of alts, which will remain nameless until later and go from there So me personally housing is not great. Uh, I'm waiting for those Houses that are 450,000 to become, you know, 325,000 And lower we'll see I am another like That's the only time I get super serious Michael pain. How was I not maria? I'll give it to you. Let's see Michael remind me again. I'll get you modded George is always bullish You gotta appreciate george. He's like He's like look, I am right here. I'm right in the center. I'm not gonna go here or here. I'm just right here bullish to the end Good for him. I think I can't speak for george, but I think he's more really looking out the outlook Which is way out there, you know, like k in two years three years Sure, I'm the same way. I still believe in the four-year cycles So I think in 2025 we're gonna see a pretty big run. We got a long time to dollar-cost average That's a good question. Is drum power green spanner a vulgar. He's a vulgar. We'll find out, but I think he's more of a vulgar Yes, I do have more mods james james. He's got some pretty solid fuel I just want on a modding spree one day. I was I I chanted my inner opera and said, hey, you get a wrench You get a wrench and you get a wrench No Terrence says bitcoin's going to 3895 by margin next year. That's very precise Someone take a screenshot of this 3895 march if that's true I will have terrence winston on my show and he will host the show And I will jump in this pool Yes, michael, let's stop this little thing. Just rip off the band-aid. Let's get the road recovery. I agree Anu new knocky. I never called you a scammer. I never said anything which was untrue about you But I could enlighten people in regard to your past history. I'm all we I'm all ears and everybody else is an new knocky Tell them what I used to do. I think everybody knows my history Let's see So army eight years 91 bravo, which back in those days was an army medic Then it was 91 charlie or 91 whiskey m6, which was an lvn Then I became and of course I was sick of being in the fields. I went into uh nursing, which was 91 whiskey m6 back in the day and uh eight years Worked in burn units and icu's and field and stuff like that then got out and then did more of uh home health for like 15 years also did uh medical device sales That's a place called kci then I figured out that job stands for just overbroke and I said I don't want to do that So I started up a uh online education platform, which I helped nurses pass their clinical exam through an online education And of course they was a pretty lucrative type of business And of course along the way it was also real estate and investing just for my wife and we did a lot of things with that not just uh mostly retail no commercial Apartments and mostly houses and then of course stumbled into amazon fba and then uh after that Well, I forgot four kids and two grandkids and then uh, I'm gonna live most of my life here in el paso So tell me what else you got? That was a long rant Oh, what's this? That would be great old guy tech We will see a hundred basis points on wednesday then 17 000 bitcoin by thursday man. That would be awesome I know people don't want to hear that but that would be pretty cool And but here's the thing you gotta remember Right now the price of bitcoin 21 For whatever it is is that cheap or is that expensive? Well, it's expensive. I mean if it goes to 17 k duh obviously rob But are you here for next week? Are you here for six months? Are you here for two years? Are you here for five years or are you here for 10 years? Then you then you have to ask yourself. What's my time frame? What's my risk tolerance and do I think this is risky or do I think this is expensive or if it's inexpensive? That's the big question. You have to ask yourself Thanks. Thanks capo James in the house I would like to use binance too So most of the time remember up in texas so I can't use binance as an american and in texas you couldn't use binance us I moved to, uh, portorico last year now we have occasion here in texas, but uh, I could have used binance but I didn't void you the whole time And uh, I didn't go out so swimming we well And now, uh, i'm using back to coinbase. So i'll be starting up binance us and a little bit Just waiting for authorizations and stuff Wow, my friend has bought out so congratulations. That's good You know, I gotta tell you 5.5 percent when we first bought like this we bought this house in 2003 And the rate was six no no seven point two five or seven point three five percent. I thought we were getting a great deal So just depends on what you think is awesome like five point five percent I remember us talking about refinancing back in the day and that was one of the rates like it was below six I was like wow below six. That's crazy So just what it is What? Robert Lou hit a one million steps in sweat coin Oh, I forgot to tell you guys there's a change. So for sweat coin, you know that free app. Did I say it's free? It's free. There's a free app called sweat coin It's been around for three years depending on the day you look at it's between number one and number five a health and fitness app in the globe On apple ios and android So anyhow, there's a link in the description. Let me show you what it looks like Right actually there's two links you should be aware of That right here there's two so this is sweat coin And here's the deep dive video we did that's over on the second channel and when you download this Uh, you can follow me and if you beat me in the steps per month the top It used to be the top three people that beat me I gave them either 50 sweat coins Or They could come on the show and I could just we could just shoot the breeze Or I do a portfolio review whatever they wanted. We're gonna change that as of this month if you if not not only do you beat me but the top 10 people who beat me Uh, the top three get those same choices but numbers four through 10. I'll give you 50 sweat coins Just for having more steps than me. That's it I'll put the rules and we're building it out on the website. You can check it out. So that's it. So just download the The app it's free, you know, and then start walking Get off your duff and start walking and then also there's another one Uh, this is s miles bitcoin. It's another app. That's free that you can instead of earning a sweat coin you earn satoshis it's right there And uh, that's also free. So and you know, it's great about that Here's what's great about that You can use them both at the same time crazy. I know so Get download and start steps Download those and get the step in that's it Not the app. I don't like stepping needs to write you in my will Uh more trades and you'll be yeah Yeah, I don't well We'll see the spreads james says the Spreads aren't pretty ridiculous. We'll see I don't know Voyager's got all my stories. I still have storm x on I have some storm x on voyager But most of it's a vgx token, but I took a lot off Because I I saw the we all saw the writing on the wall, right? Right, right. All right What if he says 200 two percentage points Armageddon Not for me that'd be I got to tell you between us if drone pal goes, you know what we've discussed this Here at the federal reserve and all the governors have decided that We're going to have to raise this by two percentage points And we'll reevaluate in august If that happens I will be the happiest person on this planet because you know what's going to happen All those that money that I was stocking away stocking away waiting for these these cliffs to happen That's what's going to happen. It'll fall off the face of the cliff Trabfi will hit crypto will hit harder. It will drop and I will buy like crazy The chance of that happening 0.5% Real I put in the work. I would like that as well It's The best answer is no way to do it a little hope you so you buy and they pull the rug again time will tell I don't know Like it really just depends on what you want to get into remember just because your dollar cost averaging into into a specific Token crypto doesn't mean it's going to come back. I always talk about A dash of salt And what I mean by a dash of salt is here. Let's just look it up. I'll show you A dash of salt a dash of salt What is that So there was this great This is great crypto called salt not too long ago in 2017 and it was awesome and uh It was supposed to be the the next big lending platform and uh, it topped out at 14 bucks and it came down here and You can dollar cost average and maybe make something out of it. That's a long time not to make a lot of gains So that's all dash a little bit different Dash actually hasn't made a little bit of a comeback. I think number 92 But that one again You know pretty darn high. Wow 1349 and of course you could dollar cost average down here But it would take you a long time to get that back So That's why I like I mean in all honesty I invest in To this one of the safer ones And the most volatile volatile asset class. So look that's 2017 And come back here here now look we're down here. So if you bought here that pretty much that well remember like I bought I bought let me show you something. You know where I bought right here 11,000 15,000 17,000 that's where I bought And I got one time lucky like 8,500 or something But it took me a while But I just kept going for three years and it worked out okay But it took me quite a bit of time But remember every time you dollar cost average it brings your cost basis down. So That's just one of those things That's good Who wants to be Teju You're already a moderator Tesla you're a moderator couple you're a moderator Nick aren't you a moderator already? Beardy is like one of the first ones. It used to be one mullet. One mullet's too busy making a bunch of money Trading and whatnot Robert You're a moderator Where did Tommy go now Tommy's a moderator All right, Michael there. Here's your moderator crypto McFly A lot of moderators Why do I do that community now? There's just one thing I asked for To be a moderator I you guys cannot ban somebody Just because they say something that they were picked off at me or something like that or they call me a scammer or whatever else Uh, you got let him vent I mean they say something like like ridiculous, you know, like like rob drinks still reserve or something I mean something crazy way out there then of course ban them, but uh, give people their do let them vent. It's okay Everybody's going through some kind of war internally So that's okay. I'm just gonna My thing is this I will just show up. That's all I gotta do I just have to show up and take the hits and you keep going. I will grind everybody down It's a powder because I just keep showing up. Don't you stream a twitch? I don't stream a twitch Easy beardy. Those are fighting words Although it's the only thing available. I will drink those Well, actually that is true. I don't know if anybody's had keys to them. Like it's great So now we're just devolving to the to the craziness that is my community. God. It's so fun I do I do like this stuff. It's great, but I gotta get going. Look I promise my wife some things. I don't get off this show It'll be bad news for me. So I gotta get out of here. So look everybody. Thanks again for stopping by It's always fun to chat with everybody and answer the questions all that stuff I only ask you for one thing If you'd like to hit the like button, that'd be fantastic It's like the only way that the youtube actually pushes these videos out And that's it. You have to subscribe because I'll be here tomorrow and you know where to find me So that's all we got going on So everybody, thanks for stopping by. I do appreciate it. All links in description. Check them all out And that's it for today. So I'll see you guys tomorrow. Have a great rest of your weekend. Adios. Bye