WEBVTT - Cliff Notes: WAR'S IMPACT ON GOLD, OIL, & CRYPTO

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<v Speaker 2>Look what Netflix? What they do now? Netflix?

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<v Speaker 3>Yeah, so Netflix has a decision to make and I

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<v Speaker 3>guess they'll they'll make it by tomorrow, but pretty much

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<v Speaker 3>Russia has put a spotlight on them, saying listen, if

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<v Speaker 3>you're not going to spread our shows, and I guess

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<v Speaker 3>our propaganda, We're gonna ban you from the country. So

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<v Speaker 3>for Netflix, I feel like it's a pretty easy decision.

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<v Speaker 3>If even just from a subscription standpoint, you got a

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<v Speaker 3>million subscribers in Russia, I mean you lose a millionaire. Yeah,

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<v Speaker 3>well matter, it's not that you know, it's not gonna

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<v Speaker 3>change drop in the bucket. Yeah, it's not gonna change

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<v Speaker 3>the scale of the business. But that's interesting, Like they're

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<v Speaker 3>looking at the streaming service like listen, this is Hey,

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<v Speaker 3>We're gonna put this section on you.

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<v Speaker 2>Like okay, well what is important to play?

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<v Speaker 4>See now, what Russia does have in his favorite is

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<v Speaker 4>natural resources, mainly oil oil. So even being out here,

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<v Speaker 4>they were saying, like the prices of gas could double

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<v Speaker 4>once they cut the pipeline off from Russia, and now

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<v Speaker 4>it's pushed Opack in even more of a you know,

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<v Speaker 4>prime position to really manipulate the market however they want.

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<v Speaker 4>So I want to ask Jessica oil. But first goal

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<v Speaker 4>I talked to you about this, how is what's the

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<v Speaker 4>relationship between gold and wars and times of uncertainty?

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<v Speaker 2>Gold?

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<v Speaker 5>Prussians medals, platinum, all precious metals, platinum, silver, gold, all

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<v Speaker 5>of them need to buy them when there's war now

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<v Speaker 5>in the foreign exchange mark, you definitely want to be

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<v Speaker 5>careful with your injuries, all right, because right now gold

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<v Speaker 5>shot up literally when they declared war got gold literally

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<v Speaker 5>shot all the way up and it hit that negative

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<v Speaker 5>six to one.

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<v Speaker 2>Point and eight.

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<v Speaker 5>Now I'm expecting a pullback, all right. I'm expecting to

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<v Speaker 5>pull back up until probably the end of this week,

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<v Speaker 5>and then I'm expecting it to rise higher.

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<v Speaker 2>For sure.

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<v Speaker 5>I wish I had my charge.

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<v Speaker 6>And the market's gonna do a dead cat bounce, which

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<v Speaker 6>is yeah, this level of this level, right, but yeah,

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<v Speaker 6>gold shoots back up, of course, the market is going

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<v Speaker 6>to taper up and then push back down, which is

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<v Speaker 6>called the dead cat bounce. We talked about it before. Yeah,

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<v Speaker 6>so you can play those two intendam.

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<v Speaker 2>Just anybody that's new, just explain what a day can't bounce.

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<v Speaker 6>It's just when the market shoots up really fast. So

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<v Speaker 6>like if I go to Rucker and I'll score fifty

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<v Speaker 6>eight points, I'm not scoring fifty eighty a second, so

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<v Speaker 6>my average is going to drop down. So the Dow

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<v Speaker 6>is going to peak up really high and then it

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<v Speaker 6>to slide back down, say with S and P five

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<v Speaker 6>hundred and then goal will take off. Also got to

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<v Speaker 6>look at the volatility index. So if we get back

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<v Speaker 6>to a level of like around thirty nine forty four,

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<v Speaker 6>that's where the market will start to top top at.

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<v Speaker 6>But we are thirty one now it has room to

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<v Speaker 6>push up. And I know Russia or the talent said

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<v Speaker 6>he doesn't back them, but you have to look and

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<v Speaker 6>see what percentage a bitcoin is Russia own more than

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<v Speaker 6>twenty percent? Google how much ethereum? They are scary.

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<v Speaker 3>I mean it's even interesting because bitcoin right the Ukraine government,

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<v Speaker 3>they've been receiving funds do bigcoin and so people have

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<v Speaker 3>been sending a bigcoin as a way for them to

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<v Speaker 3>help them help themselves.

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<v Speaker 2>Was it like crypto currencies?

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<v Speaker 3>Now of playing this.

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<v Speaker 6>I can make an argument that through supporting some of

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<v Speaker 6>these coins, you are funding terrorism.

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<v Speaker 4>Funny you say that because on the flip side, so

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<v Speaker 4>nineteen keys put a post up. I just actually was

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<v Speaker 4>looking at it right before this, and he was saying,

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<v Speaker 4>how somebody from Ukraine let me actually read it so

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<v Speaker 4>I don't misquote it. So he took a quote he

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<v Speaker 4>took like a screenshot of somebody that was well, I

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<v Speaker 4>guess is in Ukraine who tweeted something he said, my

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<v Speaker 4>Ukrainian credit cards don't work anymore. I'm safe physically in Kazakhistan,

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<v Speaker 4>but all my savings are gone.

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<v Speaker 2>Crypto is the only money I still have.

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<v Speaker 4>And today I can say without any hesitation, Bitcoin, Ethereum

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<v Speaker 4>and NFT are going to save my life while I

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<v Speaker 4>can't come back home.

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<v Speaker 2>And so that's interesting.

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<v Speaker 4>Because nineteen keys have posted it, and he was saying,

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<v Speaker 4>how you know cryptocurrency. You know the fall of the

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<v Speaker 4>dollar and all of that stuff, and cryptocurrency is the

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<v Speaker 4>only the wave and this is something that you know

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<v Speaker 4>moving forward, you can't stop it, and you know the

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<v Speaker 4>whole thing behind that. So it's interesting that you said

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<v Speaker 4>that you're funding terrorism because on the flip side, it's

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<v Speaker 4>like this is this is the only thing that saved

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<v Speaker 4>my life.

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<v Speaker 6>Even drug dealers in the hood gave out turkeys.

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<v Speaker 2>And so if.

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<v Speaker 6>Do you think a man's smartest potent would invade emotionally

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<v Speaker 6>when people in KGB or Russia not that emotional, but

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<v Speaker 6>it looks emotional.

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<v Speaker 2>I don't think it's the main benefit.

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<v Speaker 6>But if you can get control of the monetary system

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<v Speaker 6>through crypto, and now this becomes a way to say, hey,

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<v Speaker 6>you will have free access to your money and support

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<v Speaker 6>that will be a good initiative that he can then

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<v Speaker 6>push if they then own a majority stake in crypto. Yeah,

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<v Speaker 6>like the major assets that we investing cannot be non American,

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<v Speaker 6>you're then funding.

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<v Speaker 7>An illegal alien from Guatemala charged with raping a child

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<v Speaker 7>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 6>Sponsored by the United States Department of Homeland Security, your

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<v Speaker 6>competition at that point.

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<v Speaker 3>It was interesting when we were studying crypto, like twenty sixteen,

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<v Speaker 3>twenty seventeen, and I just pulled up the privacy coin

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<v Speaker 3>and I remember Minaro, yeah, yeah, and the knocka Man

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<v Speaker 3>arrow was like it was funded the Taliban, and it

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<v Speaker 3>was fun in like all these type of milicias throughout

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<v Speaker 3>the world, and nobody knew about it because it was

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<v Speaker 3>untraceable because it was a quote unquote privacy coin. And

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<v Speaker 3>so now they heard that these actual cryptos like bitcoin

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<v Speaker 3>actually helping fund a war on on the other side

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<v Speaker 3>that is defending themselves. It's like this is pretty interesting,

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<v Speaker 3>like stuff like that's funny how these things go in circles.

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<v Speaker 6>And I ask you guys a question, But you personally

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<v Speaker 6>fund a non eyl podcast monthly, No, then why as

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<v Speaker 6>Americans will be fund a non American coin, a non

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<v Speaker 6>American company.

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<v Speaker 4>Well, the play Devil's advocate if you can say funding

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<v Speaker 4>American companies can be detrimental. Also, like you could say

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<v Speaker 4>you could be funding detrimental things that's happening in the

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<v Speaker 4>world by supporting the American dollar or supporting this X,

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<v Speaker 4>Y and Z company in the stock exchange, like you

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<v Speaker 4>know that's true.

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<v Speaker 2>In prison systems and stuff like that.

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<v Speaker 4>Yeah, not like every country has a clean slate or

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<v Speaker 4>every congry.

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<v Speaker 2>Or even every company.

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<v Speaker 6>There's no clean company post two billion dollars, right, but

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<v Speaker 6>that's the number.

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<v Speaker 2>Yeah post too. I didn't get the two everything. Yeah

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<v Speaker 2>they did sound filthy like you.

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<v Speaker 6>Guys, But I think there's been a propaganda push to

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<v Speaker 6>fund a lot of these companies that have non American founders.

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<v Speaker 6>For an Arterior reader and other We've seen it here.

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<v Speaker 6>Other countries. Oh a lot more strategic than we are.

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<v Speaker 6>Literacy is a lot higher, Like I was selling all

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<v Speaker 6>the black birds here, Like, you guys are way more

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<v Speaker 6>intelligence than most people have come acrossrom the States.

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<v Speaker 2>So you guys are brilliant.

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<v Speaker 6>So if they're thinking five ten to fifteen year horizon

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<v Speaker 6>and Putin has wanted this revenge for fifteen years, this

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<v Speaker 6>is new. You don't wake up two weeks ago black

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<v Speaker 6>out now about war, right, we have to be very

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<v Speaker 6>careful that things will be fund.

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<v Speaker 4>Speaking of geopolitical things, you said something before where you said, like,

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<v Speaker 4>ou as stock guys, we watch company earnings and you

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<v Speaker 4>was like you you watched the news for like news report,

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<v Speaker 4>Like that's kind of like the company earnings is like

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<v Speaker 4>what's happening on?

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<v Speaker 2>Like can you talk about that?

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<v Speaker 5>Yeah, So our economic indicators that we primarily look at,

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<v Speaker 5>we look at GDP, consumer pricing, producer pricing. It's all

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<v Speaker 5>pretty much like the same things that you guys look at,

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<v Speaker 5>but we live.

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<v Speaker 2>Yeah, yeah, we have time because we trade those in

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<v Speaker 2>the bomb market.

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<v Speaker 6>And I'm trying to type, so Mike comes us up

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<v Speaker 6>the major.

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<v Speaker 5>Okay, okay, So so our four major economic indicators we

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<v Speaker 5>look at gross domestic product. Yes, all right, we look

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<v Speaker 5>at consumer pricing debts and producer price in debts, So

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<v Speaker 5>how much our consumer spending, how much our producer is producing?

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<v Speaker 5>Pretty much?

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<v Speaker 2>Right.

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<v Speaker 5>We look at an arm farm payroll. That's a big one.

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<v Speaker 5>It comes out on the first Friday of every single month,

0:11:58.080 --> 0:12:01.680
<v Speaker 5>and it gives us a big, big, big understanding on

0:12:01.920 --> 0:12:04.880
<v Speaker 5>unemployment and employment. How many jobs were added to the market.

0:12:05.080 --> 0:12:06.680
<v Speaker 5>But that's how we make most of my money. So

0:12:06.720 --> 0:12:08.560
<v Speaker 5>when we look at like, we look at everything from

0:12:08.600 --> 0:12:12.160
<v Speaker 5>a macroeconomic level when it happens in different economies. Now,

0:12:12.240 --> 0:12:15.720
<v Speaker 5>nonfarm payroll is only a US based economic indicator, but

0:12:15.800 --> 0:12:18.760
<v Speaker 5>we do look at GDP of like let's say Great Britain,

0:12:19.240 --> 0:12:23.040
<v Speaker 5>I trade GBP USD, which is Great British found versus

0:12:23.080 --> 0:12:26.680
<v Speaker 5>US dollar, Great British found versus Japanese YM, which is GBPJPY.

0:12:27.040 --> 0:12:29.400
<v Speaker 5>I trade them the most. And then I also trade

0:12:29.480 --> 0:12:32.240
<v Speaker 5>at SAUUSD, which is that goal that we were just

0:12:32.320 --> 0:12:34.920
<v Speaker 5>talking about. Those are the main ones that I look at. Now,

0:12:34.960 --> 0:12:37.160
<v Speaker 5>you know how you guys tell people, okay, don't look

0:12:37.200 --> 0:12:40.720
<v Speaker 5>at every single company, only pick a few. That's how

0:12:40.760 --> 0:12:42.839
<v Speaker 5>it is with us. And for an exchange market. You

0:12:42.880 --> 0:12:45.480
<v Speaker 5>don't look at every single economy, right, it's a lot

0:12:45.559 --> 0:12:47.439
<v Speaker 5>to look at, you know what I'm saying, especially when

0:12:47.440 --> 0:12:51.760
<v Speaker 5>you're appearing to economies against one another. Okay, so we're

0:12:51.800 --> 0:12:54.760
<v Speaker 5>looking at different economies. But I only trade GJ for

0:12:54.800 --> 0:12:57.240
<v Speaker 5>the most part, gu and gold. So I'm always studying

0:12:57.280 --> 0:13:00.439
<v Speaker 5>the Japanese and economy always great, Britain economy out always

0:13:00.440 --> 0:13:01.080
<v Speaker 5>the heroes.

0:13:01.400 --> 0:13:02.200
<v Speaker 2>Fewer is better.

0:13:02.280 --> 0:13:03.600
<v Speaker 6>So when I tell you, guys, trade the S and

0:13:03.640 --> 0:13:07.040
<v Speaker 6>P five hundred fine market good on the future side.

0:13:07.120 --> 0:13:09.720
<v Speaker 6>Six B is a British pal once again, six J

0:13:09.880 --> 0:13:11.960
<v Speaker 6>is a Japanese inn. So if you pair them together,

0:13:12.360 --> 0:13:14.440
<v Speaker 6>we'll be fine. But the fewer things you trade, the

0:13:14.520 --> 0:13:15.800
<v Speaker 6>more you can master.

0:13:15.800 --> 0:13:18.040
<v Speaker 5>Because there's so much money to be made on an

0:13:18.040 --> 0:13:21.160
<v Speaker 5>everyday basis, and each of them you don't have to trade. Well,

0:13:21.280 --> 0:13:23.199
<v Speaker 5>I mean you guys companies, you don't have to look

0:13:23.240 --> 0:13:26.040
<v Speaker 5>at every single company to make money. Me I can

0:13:26.080 --> 0:13:28.480
<v Speaker 5>make so much money just from like this, Like I said,

0:13:28.640 --> 0:13:29.840
<v Speaker 5>two three trades a week.

0:13:31.880 --> 0:13:37.920
<v Speaker 8>My graduates from my school being force back drop drop Mike,

0:13:38.040 --> 0:13:40.079
<v Speaker 8>drop backdrop.

0:13:39.960 --> 0:13:53.600
<v Speaker 9>Drop coach, the energy out there felt different. What changed

0:13:53.640 --> 0:13:54.360
<v Speaker 9>for the team today?

0:13:54.480 --> 0:13:56.640
<v Speaker 8>It was the new game day scratches from the California

0:13:56.679 --> 0:14:00.000
<v Speaker 8>Lottery players everything those games sent the team's energy through.

0:14:00.480 --> 0:14:02.440
<v Speaker 9>Are you saying it was the off field play that

0:14:02.520 --> 0:14:03.640
<v Speaker 9>made the difference on the field.

0:14:03.720 --> 0:14:06.480
<v Speaker 8>Hey, little play makes your day, and today it made

0:14:06.480 --> 0:14:08.880
<v Speaker 8>the game. That's AWFU now, Coach.

0:14:08.720 --> 0:14:11.360
<v Speaker 9>One more question played the new Los Angeles Chargers, San

0:14:11.400 --> 0:14:14.400
<v Speaker 9>Francisco forty nine Ers and Los Angeles Rams scratchers from

0:14:14.400 --> 0:14:17.240
<v Speaker 9>the California Lottery. A little play can make your day.

0:14:17.880 --> 0:14:18.800
<v Speaker 9>Peace play responsibly.

0:14:18.840 --> 0:14:20.400
<v Speaker 7>Must be eighteen years or older to purchase play or

0:14:20.400 --> 0:14:20.680
<v Speaker 7>claim