[00:00:01] Welcome to Crypto Talk Radio, the podcast for everyday investors like you. Visit us on the
[email protected] and now here's your host, Leister.
[00:00:13] Thank you for that, Bailey. And welcome everybody out there in Crypto Talk radio
[email protected].
[00:00:30] Late in the evening she's wondering what crypto to buy.
[00:00:40] She opens her wallet, taps the connect on the side and then she'll ask me is this one alright?
[00:00:58] And I said no biatch, that crypto will scam you tonight.
[00:01:17] Now we do have to be very clear about the definition of scam.
[00:01:23] Perhaps I'll reserve that for another episode. I think that warrants its own episode. Today's we have a different topic that is somewhat related.
[00:01:34] It's relevant but somewhat related.
[00:01:37] And recent events seem to indicate that it is timely to speak about this topic before that one. Because with that one we have a little bit more that we have to understand that has to be surfaced that it's kind of. This is where you would insert in your mind the meme of Kermit and he's sipping the tea or something else. Some of those memes should be flashing across your mind as you listen to me speak in terms of what I'm trying to do here. So I'm going to talk about today's topic because it's important that I do so and I think it's helpful. But later on another episode, likely the next one, we will get deeper into the definition of scam because I it occurred to me that there are people that don't understand how diverse look it up of a concept scam. Just the word is and it's more than people thought it might be and I thought I would lend my voice to it as I can and then it's incumbent look it up on you to disregard what I say to your detriment.
[00:02:51] Today though, let's start out with something a little bit more fun.
[00:02:57] Gold, silver, platinum, palladium, these precious metals. I had an inquiry where people were confused about this because they were new to it and didn't really know how to interpret what they saw because they were used to cryptocurrency's volatility.
[00:03:17] So I thought I would start by simply sharing a little bit more information to help. We will then look at and I'll just point you to a site but it doesn't really matter. But I'll recommend this site. It's Bullion by post.com B U L L I O N B Y P O S T dot com. I do not directly advocate them. However, they have great graphs and you can purchase from them should you choose to. And I think their prices are decent, fair. I wouldn't say they're amazing, but they're decent fare. But we're just using their charts.
[00:03:48] So when I look at the charts, they have the breakout of gold, silver, platinum, palladium, and then they have ratio charts. And the ratio is the ratio of precious metal A to precious metal B. It is important that you pay attention to the ratio charts over time.
[00:04:03] The reason is because silver as an example, as a ratio, there's an expectation that it should be no more than 15 to 1. Now, if you think of a 15 to 1 right now it's in the hundreds. I think it's 300 some odd to 1.
[00:04:18] If you think about what that implies. It implies that silver's price is extremely suppressed and that silver's real price is much higher than what you see.
[00:04:29] If that's true, and nobody can confirm that, but that's the strong edict going around.
[00:04:36] If that's true, that means that at some point there's going to be an explosive reaction.
[00:04:43] You'll see chatter online of people that will tell you to stay away from copper. As another example, I understand why they say that copper is plentiful. However, there are people that have looked at the Trump tariffs Recently, implementing a 50% tariff on imports of copper. And people don't seem to understand that either. Let's go there and let's go back to silver with copper and the tariffs. The whole point of tariffs, because there's a little bit of misinformation out there, fake news. The whole point of tariffs is to discourage getting price gouged on import goods. That's the whole point of it. So when you hear certain YouTubers tell you that the tariffs are damaging our economy, they're actually not wrong. But what they're not divulging and disclosing like they should. If they were ethical sorts.
[00:05:36] If American companies step up and do it domestically, there is no such a tariff. They don't want to do that because the prices would be higher, because they would have to actually pay staff fair wages. They would rather outsource to China and other places and import from those places. They would rather get the vast majority of their products and goods from overseas, which is the reason that Amazon took over dominance in the retail space and why many of the malls are shut down now. Because all of this dependency on international shores got us to where we have less choice and selection of the products and goods and services that we use and that we need.
[00:06:19] Many of the larger companies and to some degree the small businesses started to rely too heavily on import goods to keep costs down in the big picture. All of them are ultimately competing with Amazon and to a lesser degree Walmart. At the end of the day, the whole concept of the tariff is to compel these businesses.
[00:06:44] You need to step up or you're going to get charged.
[00:06:48] The narrative being sold to you, though accurate, the narrative being sold to you by YouTubers is a one sided. This is why your stuff's going up because Trump's raising your prices instead of what they should do. If they were ethical sorts, which is to say the businesses could absolutely choose to do the manufacturing locally to hire more workers, it is going to result in an increase in the cost that's passed down to you, but it also should correlate to an increase in quality because we also have quality standards and oversight that they must accord to the YouTubers. Don't tell you about the second half because they want to say Trump bad Orange man bad as their focus.
[00:07:29] Once again, I don't disagree in the statement that prices go up if you are wholly domestic.
[00:07:37] We have to also consider why is there such a significance in that? Impact is because prior to them going excessively offshore, there was a normalization of price appreciation over time.
[00:07:51] We now are experiencing a price shock.
[00:07:55] It's the same concept as what happened with the airline system when it went deregulated.
[00:08:02] Prices of tickets were significantly higher when the airlines were regulated. When it went deregulated. The focus at the time was to bring ticket prices down. What happened when we brought ticket prices down? The quality of flight went down, the quality of service went down, the quality of food on flights went down, the amount of dissatisfaction went up. People tolerate it because they're getting low priced tickets that they can fly. The f where what happened is the correlation to the increase in flights. We see more planes going down like MH370.
[00:08:38] My point is everybody has been duped and you know my definition of somebody easily duped.
[00:08:48] You've been duped. You've been tricked to believe that the lowest price is the best value. The lowest price is only the best value when the quality of what you got did not significantly decrease as a result of that change.
[00:09:03] What's a good example of this? A good example of this I would argue is the smartphone market.
[00:09:10] There was a time when smartphones were significantly more expensive than what they are. Believe it or not, they were actually way more expensive over Time there's a subsidy that's happening from some of the mobile carriers in an attempt to get you to buy in and lock you into these contracts where you're paying over terminal, so they're willing to subsidize part of it to get you locked in on that. The tariffs impact those devices. So you don't see the increased cost being significantly passed down except by way of the mobile plan, because the mobile plans are significantly higher than they used to be. At one point they were sky high. Then they went down to bare nothing, nothing. Then they start jumping up again.
[00:09:58] When I say price increase, you got to consider it's all about what you get for that price. The whole unlimited, real unlimited. You saw creep where all of a sudden it's not really unlimited, there are actually caps. They can throttle it. They say, well, it's still unlimited. You get as much as you want, but the speeds are throttled.
[00:10:17] In a world where the Internet becomes more of a dependency to access goods and services, and in a world where streaming started to dominate and take over cable, which required no Internet, you now are held hostage to a higher Internet bill to take advantage of services that you previously were able to do directly.
[00:10:37] Where am I going with all this?
[00:10:39] It comes back to the statement, there's nothing wrong with low prices, provided that the low prices are lockstep with a minimal loss of value and that the quality of what you get is largely to par. You're only going to get that with domestic based products, period.
[00:10:59] Trump knows that.
[00:11:01] He knows that if you come from overseas, the quality is crap. Anybody that's bought stuff from China from overseas understands these don't last nearly as long. Many of them just die out after a couple of years. It's nowhere near like the olden days. The story of the light bulb that's still running and it's like 100 some odd years old, it was just, it's never been powered off, it just keeps running.
[00:11:24] This is prior to the push to CFL, prior to the push of, you know, LEDs and everything else, where this older bulb still runs and, and then you wouldn't necessarily need to replace the bulbs, but now you have bulbs that burn out with the filaments because they understood that if we don't, if we don't put planned obsolescence, look it up in our product pool, we can't make any money.
[00:11:50] That's the whole game around it. So then all these products come up, all these newer bulbs that are not better than what you had before.
[00:11:57] LED starts to become a Thing led has some benefit in terms of the brightness and some downsides.
[00:12:05] But then China gets involved and now you have a swell of products that you can't really confidently trust and don't last nearly as long.
[00:12:14] So he understands that the quality aspect comes from domestic product, which is part of what's driving the tariff push. A, it's to get money back clearly. B it's to tell the businesses you need to run domestic and not overseas.
[00:12:29] So then there's a correlation in price because those businesses, domestic businesses that want to play ball, they got to pay higher salaries because we have that. They've got to pay for inspections, they got to pay for regulatory compliance, they got to pay for people to manage and monitor all that stuff. So then they pass that cost down to you. The media and various YouTubers then sell you on orange man bad. Your price of your eggs just skyrocketed because of that guy. They're not telling you the whole story. They're not lying. It is a salivable mission.
[00:13:01] It's a half truth. It's, it's fake. It's fake and phony. You're being, you're being manipulated like you're in the matrix that you are. You are in the matrix because you're letting that happen instead of stepping back analyzing all sides to what's happening and the long game.
[00:13:18] It took years to get to the point where we became this dependent on offshoring. Almost everybody listening to me remembers the world when the mall was the go to place, not online shopping.
[00:13:30] Almost everybody here might remember when Amazon didn't do jack but sell books. Almost everybody might remember a time when it was actually fun to go to the store and shop for things.
[00:13:44] All he's trying to do, which it took years to get to this damage, he's tried to reset that back. And if they're not going to reset back, get some money in, help pay down the debts. Whether he, whether that works or not is not the conversation right now simply to understand his motivation. It is not to damage you financially, but he understands there's some short term pain to unravel what has happened. If we had never gone aggressive offshore, the price increase would have been marginal at best because you already would have been used to, you know, step stare up increases in price so it insulates the damage. Then if we consider that those businesses would have had to staff up, those businesses would have had to invest back into the economy, it's possible that salaries might have increased lockstep with those increases. This is all speculation, but that's the vision of the whole tariff conversation. How then does this correlate back to the precious metal conversation?
[00:14:43] People speculate that copper, which is a one of those necessary base metals, it's critical. Silver is a necessary, critical, critical gold to a lesser degree, but certainly silver is, copper is, platinum is these metals. The expectation is when you start applying tariffs to imports of these, we're going to hit a supply crunch. I don't know if anybody's paid attention, but a lot of these, specifically copper, are out of stock. Various places people have been warning that something like that was going to happen, but nobody expected it was going to happen as soon as as it did. And nobody truly knows if it's a long term something or short stop.
[00:15:23] My theory is that it's a short stop where people are kind of holding pattern to see what's going to happen with the tariffs and what the impacts are. Then hopefully there are some that will stand up. Mints I refer to, that will stand up and say this is an opportunity for us to take some market share because right now we can sell at a premium.
[00:15:44] Selling at a premium benefits them. Because if there's demand, which I suspect that there is, it's going to skyrocket the price of this stuff. If it skyrockets the price of this stuff and there's strong demand, the theory is that more of these mints will step up and say we, we want some of that, we want some of that.
[00:16:04] If the demand continues to increase, then the expectation is a groundswell of price appreciation mixed in with some downs. It's not going to just keep staggering up. That's unrealistic because at some point we are going to hit a price, you know, availability of stock and supply. And then there's some companies, they'll just say screw it, we'll just do the tariffs and pass back that premium cost and the tariff cost down to you when you buy it. That's going to cause people to back off buying because at some point it won't be worth it over spot prices.
[00:16:33] So interpreting these precious metal charts, you have to take a different stance. And the reason I told the story is you have to take a different stance. You have to understand it took years of damage to get to the point where we now are starting to feel what the impacts of those damaging decisions were with precious metals because of their long standing in industry and investment. You have to zoom way out. I would recommend if you're looking at the charts for any precious metal or bare metal, start with the year chart, not the month Chart. There's not enough volatility short term to make sense. We'll see these pumps. Sure.
[00:17:13] You're not going to see enough pattern to determine what's going to happen unless you zoom out to the year chart. As an example. If you zoom out to the year chart with silver, it tells you a very clear, obvious picture of what's going on with silver. And this is just over the past year. This is not even talking about everything prior to that. But if you look at it, that's almost a 3x.
[00:17:37] The vast majority of that happened at the end of the year.
[00:17:41] If I zoom out then to the three year going off that pattern, I should expect to see basically the same thing. If you notice on the three year, it wasn't significantly lower in 2023 than it was in 2024, 2024 and then 2025, it wasn't significantly changed. It wasn't until we hit basically into 2025, going into 2026 that we started to see some runs. What does that tell us? It tells us that there may be some sort of a predictable cycle around precious metals that you can then bank on a. It's expected to be going down during certain periods of time. Well, what was going on in 2023? In 2023 we're on the tail end of the pandemic.
[00:18:24] So it's possible that the pandemic is, had detrimental impacts to the price movement that you have to take into factor what's happening now in 2025 and 2026. You have tariff activity, you have uncertainty with economy, you have war situations. This lends itself to a desire to be, to hedge right against losses. So you can then look and say, well, precious metals seems to run lockstep with macro events. And you look at the macro events and make a decision.
[00:18:53] Do you agree with what seems to be happening as a result of said macro event? So anytime there's a macro event, this is my guidance to you. Anytime there's a macro event where you can consider there's logically going to be some disruption here, something's going to happen, you can likely expect that there's going to be a dip at significant proportion. If there's things where we don't know big term what's going to happen. So, so for example, this Iran situation, the bombing and stuff, sentiment is going to play in. If it's an, if it's one of these countries that was one of the big players with manufacturing, you know, like with oil and things. If it's one of those, you could expect that there's going to be a supply crunch and that's going to spike prices. But you also know it's going to go down. It's going to be a temporary something.
[00:19:41] So my short term advice to you when you're trying to interpret what's going on and what to do about it is you need to zoom it way out and you need to look at pattern and then think about what were the macro events that happen during these situational periods. It's going to lead you to one truth. That truth is that silver is grossly undervalued. It is, I, I stress grossly undervalued and has done for a long time. And barring some large scale macro event, the price of silver is going to be ridiculous at some point in the future. Whether we're alive at that point, that I cannot say. I'm saying though that there are situations happening right now at the macro level that are spiking the price of silver at a slow and steady rate over time.
[00:20:31] And of every precious metal, silver is the one I would recommend buying if you were interested in it. I would stay away from gold, platinum and palladium for now because I think they're in their run period and scheduled to come back down. Is my gut speaking. Base metals I think are fair game. If you can get. And copper. I know there's people online tell you don't buy copper bullion, don't buy copper coins, don't buy whatever. I, I understand why they say what they say because they're scrap metal people. I did a video years ago about and he had written a book, he asked me to talk about the book and I talked about the book and it's still out there about scrap metal recycling. And you can make money with scrap metal recycling. You know, copper pipes and copper wires and all that. There's people that melt that stuff down and they sell it. There's a whole business around copper such that it's, it's plentiful.
[00:21:20] And so people don't see value in buying the bullion, they don't see value in buying the coins. I would argue that these people underestimate the value of art and they underestimate the value of what people really want. If we consider gold as a perfect example, gold, by and large it's, it's whole value proposition, not whole, but its primary value proposition is it's just look at it. Right, look at it. That's what it was during the gold rush. Look at this. This is amazing stuff. Copper has that same Propensity, if it's minted properly, you look at it, it's like there's a. There's a beauty here, there's an aesthetic, aesthetic beauty here that your copper pipes do not have, your copper wiring does not have. These are formed for utility purposes. People still don't realize that most pennies, recent pennies, are not really copper, they're zinc.
[00:22:15] So there's a false narrative around copper that was predicated all the way back to the 70s, starting to, you know, decrease the inherent or intrinsic value of copper as far as perception goes.
[00:22:28] But if you look at formed copper, well, formed copper, I'm talking even bullion coins and bullion. But really, if you just look at it, it has some of those same principles that I believe at some point will be of collectible value to people. And there's also the chance that there's a crunch where it becomes of industrial value. And if you're sitting on enough of it. Now, the, the flaw of copper, it's arguably not. It's not as dense as silver. So it takes like its size and it's, it takes more in that size. So let's take a pound. A pound of copper is physically larger than a pound of silver simply because of density. So then copper's cheap. You could buy quite a bit of it if it were in stock, but you'd have to have a place to store it. And it, you know, again, right now it's value. There's no logical value to stacking significant of it at this point. There just isn't because you'd have to have a vault like Scrooge McDuck to make it make sense. And at that point, you're never going to recoup that value. So you'd only be doing it because you like the appearance of it, like ingots.
[00:23:37] So I'm not telling you at all to yolo in the copper. Let's say you could go and get a pound, just one pound brick of copper, well formed, it visually looks nice. You know, some of them, they come with the, the periodic table symbol on it. It's pure.
[00:23:54] You keep it in a sealed bag. You know that I would. Absolutely, absolutely. Getting some of the 1 oz ones, ingots, giving those to people as gifts. Absolutely. Like these are things where I see collectible value for a future generation. I don't suppose that they would be strong investments. For now, you're talking the precious metals at that point.
[00:24:18] So things to keep in mind if you want to get into precious metals. It was the dominant for my Conversation, mostly because crypto's barring again.
[00:24:26] But that's my spiel. I stick to it. I will maintain that and I will continue echoing that sentiment because I think now more than ever, it's critical, important.
[00:24:36] The remainder of my episode is to talk about the topic that I teased with last week's episode as we have snowflakes abound. There's, I'm surprised at the amount of snowflakes, to be honest. But I had a person, and by the way, I had a couple of different people that stopped by expressing concern. I appreciate your concern. I had some people that became new listeners to the show CryptoTalk FM as a result of our coverage. I appreciate you for this. And there were conversations and questions and requests, and the requests were of a very specific nature that I chose at this time that I would not do because the consensus has spoken. That is not of interest. The topic is not of interest. There are people that want to hear, but the consensus does not. And so we have to understand if the consensus does not want to hear it, that you got to talk to the consensus, right? That, that's not a me thing. That's. You got to tell them, hey, look, convince the consensus, convince the crowd, the, the pitchfork crowd that you guys are wrong here, over here. You need to listen to this. And they're not listening. Okay? They didn't listen. I have to, I have to respect that they didn't listen. They don't want it. I, I, hey, I don't force it. It's out there. And hopefully reasonable, logical people, and now I understand what the people that reached out there are reasonable, logical people who have made those inroads and made those statements. And so I appreciate you is what I'm getting at for your outreach and your inquiry and your curiosity, and hopefully this as well as next episode will give you inklings that are aligned with what you would want that I would normally be talking about because it is apt. Look it up. So, war.
[00:26:28] What is it good for?
[00:26:30] Better question.
[00:26:31] I had a person stop by comment and they said something to the effect of, you know, are you with us or against us? I mentioned this in the last one. Are you with us or against this? Right, Because. And they said in the same breath, family and army. And I said, no, no, you can't. That's today's.
[00:26:51] What do I mean?
[00:26:53] This is my interpretation of events.
[00:26:58] A family is to be protected, defended, because you don't have a choice in the matter.
[00:27:05] But you are almost never the aggressor.
[00:27:10] An army follows orders from somebody or somebody's officers who may not have your best interest in heart, even if they think they do.
[00:27:22] There's a difference. If you are head of household, the man of the house. Let's say if you're the man of the house, your one job as man of that house is to make sure your wife is safe, to make sure your kids are safe, to make sure there's a roof over your head and the bills are paid. That's your one job, period.
[00:27:45] If you are in an army, said officers of an army are not held to that same expectation. They are held to a different expectation from somebody who might be a commander in chief who gives a high level edict that they want done. We want peace in the Middle east, okay? The ground officers, the ones in the trenches, they interpret that to mean, okay, there are certain things we're going to have to do to make that work.
[00:28:18] They do not by default. Because I know some will come at me that might have served and thank you for your service, but I'm. I'm already ahead of you.
[00:28:28] By default.
[00:28:29] They are not thinking about collateral damage with their decisions in the field because it's not their job.
[00:28:37] They might be advised.
[00:28:39] We got to watch out for this village over here. If we try to mortar that, that village is going to be harmed. If we try nukes, we're going to jack up that. That town over there. They might have been advised.
[00:28:50] At the end of the day, as quote officers, they're following whatever the edict is they believe they need to do to get to an outcome. And they largely work in their own unilateral methodology that is different than the way a family defends.
[00:29:10] And it's critical you understand why I say you cannot have both in the same breath because there's not a man out there. And please come at me. CryptoTalk FM. Hit the contact form.
[00:29:23] There's not a man out there, not a single man out there where nothing happened in their house. Nothing happened to their wife, nothing happened to their kid, nothing happened to their money.
[00:29:35] But this motherfucker just goes out there and starts shooting people for no reason. There's no, no trigger, no nothing. You say mental illness.
[00:29:46] I said trigger, no pun intended. I'm talking where something set them off. Mental illness has no such a trigger. It is something that is inherent to them with signs preceding it. You can see it a mile away.
[00:30:02] That's different than something that was a trigger. I'm talking where there was no trigger. They are otherwise a normal happy household. The only time that man of that household is going to step to action is when something jeopardized his money, his wife, his kid, plural, period.
[00:30:24] Okay?
[00:30:25] An argument can be made when we deal with crypto projects of whatever kind, right? We can go down the list because they all are essentially this, but of whatever kind, right? Money is involved. Playing with my money is like playing with my emotions. So you're like, well, Leister, money's involved, so that person's stepping to action.
[00:30:47] The difference and why I say there's no such thing as family and army in that is if you're doing it in reaction to the loss of money, that is not what an army is doing. An army is being the aggressor because they feel like it's the right thing to do. Whyever that is?
[00:31:08] It's critical to understand the difference between being an aggressor and being on the defensive.
[00:31:16] Being on the defensive. More often than not, you look at what was done, you look at how it went and you react and you are very defensive minded, but you are ultimately taking action as a result of it. So let's say in the male example, your wife's being sexually harassed at work, okay? She tells you, yeah, there's this dude and he made. He made a pass at me. You might be like, okay, did you turn him down and let it go? Right? But if you're that kind of dude that's going to step up to the office, she doesn't know that you're doing this. You drive up to the damn office, you threaten the motherfucker with the knife. If you're going to do that.
[00:31:54] If you're going to do that, you're part of the problem. You're like, what the.
[00:31:58] You're part of the problem.
[00:32:00] Why are you being the aggressor? Did you start with her? Did you push him away? She's like, yes, okay, let me know if it happens again, okay? Did you report it to the chain of command and the HR and whatever the fuck, right? Let me know if it happens. Let me know if it continues. Okay? Let me know if it repeats. I'll go have a conversation with said person to help him understand this is what it is. I'm giving you one warning.
[00:32:25] This again. If you listen to what I'm saying, at no point do I suggest you take no action.
[00:32:31] What I'm saying is you got to be smart about the action you take, because every decision you make is going to come back on you. So if you just. If. If your wife says, yeah, dude made a pass to me, whatever at some company event and you're like, okay, well f this, you pull out your pistol, you roll up on there and pull out the pistol on the dude. You just broken at least two laws, okay? Lying, await, statue, improper use of a weapon, whatever. You've violated laws because you're just acting and you're not being thoughtful and you're not building up enough to protect yourself and protect your family and the risk that should you do that. And you don't act. So you go up there, you got a pistol, you threaten. Dude, don't, don't. Let me see.
[00:33:17] Okay, Dudes, like he happens to be part of a mob or something, he calls some of his boys to run up on some of your kids. Do you see what I'm saying? Like causality, action, reaction, cause and effect. You have to be thoughtful about what you do. You have to be smart about it. If you just react because that's what you think you're doing, and then you call it an army. Why ever you do ship army, safe moon army. You call it an army because it sounds good.
[00:33:47] You're not understanding collateral damage when you do that, fine.
[00:33:53] But then you cannot in the same breath refer to it as a family. That's all I'm saying. I'm not saying you shouldn't be part of an army. I'm saying if you're going to do it, you need to understand collateral damage when you do it. You need to understand the whole mechanism of an army and what it implies and the risk and, and damage to all the other towns and villages around it because of the way that it has to work. If you're going to be a family, you have to approach it from a defensive mind and you have to be smart about it and not overly aggressive when you don't need to, because all the stuff you do at some point is going to come back and it's going to hit you.
[00:34:35] I would also say families have what's referred to as individual internal abuse.
[00:34:42] So let's. This is where, this is where I flip you.
[00:34:45] Okay? So now the, the, the woman of the house, and it was a Lauren, whatever her name is, woman of the house. She was hooked up with Andrew Tate. I forget the lady's name now. She was hooked up with Andrew Tate. She does this trad wife bull, right?
[00:35:01] Because she's convinced that that's the way to get the dude to calm down. Now, he's already an abusive sort of. So he's already set an idea that he's an abusive jackass, okay?
[00:35:11] She decides to just be a tri wife. I'll do whatever you say. I'll stay home, cook, clean, take care of the kid and that'll make him turn around.
[00:35:18] She didn't know it was going to work. She just assumed that that's the way to do it because people told her that that's the right answer.
[00:35:26] What happens? He's still abusive because any and she said anytime I have disagreed with him, the abuse would happen again. We get in an argument, he would lock me out the house, I'm in the rain, I got to go to the neighbor's house or whatever.
[00:35:39] Sexually abuse, drug abuse. Why? Because the fundamentals of the damaged toxic relationship were never resolved. You still had in your whole spear a toxic situation.
[00:35:53] Trying to change yourself to resolve a toxic situation was never the answer. You had to recognize this is toxic, this is bad, this is wrong and I need to leave it and I need to stop doing this. That's step one.
[00:36:08] When I say leave it, I'm saying don't change yourself to flow into the quote army.
[00:36:15] Understand that the army approach is not for you if you want to get some progress.
[00:36:21] So in that situation and the analogy to cryptocurrency, Saitama is a great example. Let's just pick a name. Saitama.
[00:36:32] So many people leading up to the failed November 13th Vegas event. A day at 2021. A day that'll live on in infamy. The vast majority of the people screaming and squawking were cheering because of the price. They were cheering because of unfulfilled promises. They were cheering because of cult leader making these promises up front. We also now have other projects, let's put it that way, other projects where statements were made and people bought into it. I would ask you if you were sold on the statements made to the point you believe that there was going to be something there. You have to own that. You have to own that you made a bad decision, period.
[00:37:18] It doesn't even matter, frankly, about the people that ripped off a project. It matters about the decisions made and the lack of fundamentals and the lack of tangible. If there's nothing there and you that's gambling, you're rolling the dice. That's literally what it is. I celebrate that. That's what I'm analogy to relationship. You're rolling dice that that person is going to change, that things are going to get better. You're gambling. I celebrate. If you give, you say, I don't know if this is going to work. I'm going to try a thing and if it doesn't work. I own that. Don't blame him because you stayed. Same here. Okay. Stockholm syndrome. You're choosing to stay in an abusive relationship.
[00:38:02] So then I said, in a different upload, this is the one where the person was using family versus Army. I said, at the end of the day here, there's a level of intelligence that cannot be understated.
[00:38:16] And that level of intelligence is no different than Saitama.
[00:38:20] And it's going to be a thing and it's going to get worse before it gets better. And you've got to approach it smart because there's a level of intelligence that cannot be understated. It's just. It's up there. It's peak, right? It's peak speak. It's not going. It's not going to be any different.
[00:38:37] You can choose, right, and be. And get pissed and angry and whatever the. And know that nothing will change.
[00:38:45] This does not mean you don't fight.
[00:38:49] It simply means the first step is to accept you are in the vulnerable position.
[00:38:55] You are the one that's vulnerable. And it is by your decision that you are there.
[00:39:01] How you get out of it, chances are you might not be able to, but the first step is to acknowledge I'm in this because I chose it, I decided it. I stayed at risk because I believed people that told me, just hold the line. Just. Just hang out. It'll. It'll get better. I hold. That's what I'm saying.
[00:39:27] That's why the whole Lauren, whatever name is, with Andrew Tate is a perfect. It's the perfect analogy. You're in an abusive relationship, quote army, with officers that don't care about collateral damage, they don't care about. Around them, and they're saying, just hold. It's fine. We'll work it out. I got. We'll cover it, we'll take care of it. Village be damned, kids be damned. That's. That's what's happening.
[00:39:52] Okay?
[00:39:53] Since that's what's happening, some of you that are of brilliant mind will ask me, well, then, what do we do about it?
[00:40:04] At this point, all you can do is nothing.
[00:40:09] And that's gonna piss people off. And I get it, but you gotta hear it, right?
[00:40:14] There's nothing. There's nothing. You can. You have to. You have. You have to document. I said information is the finest form of currency. So you document, you collect.
[00:40:26] Inquire. Absolutely. Ask. Ok, I'm not saying don't. I'm not saying don't do anything. Zero. Nothing. No ask questions. Just shut up. I'M saying aggression, army, military action charge.
[00:40:45] It's, it's a, it's a fallacy, it's a dream. It's. You're, you're, you're fighting against yourself. How about that? You're fighting against yourself. Some people love fighting against themselves. Some people love Pyrrhic look it up victories.
[00:41:00] Some people love situations because it makes them feel good that they're doing something even if nothing is accomplished.
[00:41:08] Because they like just to have the voice out there that hey, that's cool with all, everything.
[00:41:18] You must pick a side. You must choose. If you are part of a family, your first priority is defense.
[00:41:31] If you as part of the family make bad decisions, why ever they happened, if you make bad decisions, you must own that the decision was yours and it was a bad decision.
[00:41:43] You must also in some ways block out noise from other people, neighbors and others who are trying to tell you how to run your family.
[00:41:55] In true family form though, everybody, everybody should have some level of voice based on their experience.
[00:42:05] The kid can't tell you how to run money.
[00:42:07] They don't have the experience for it. But the wife, she might work for a living. She probably should have a say so on some of the money movement.
[00:42:15] If the man is a gambling addict, he probably shouldn't control the money. There are certain things you can come to consensus on.
[00:42:25] Once you get to a point of consensus and you understand your defensive position and you understand what it is you're protecting and you have a clear picture of how you're going to do it, you now have a family that's a family.
[00:42:39] A family is toxic. If either one man or woman shouts down the other, that's not a family.
[00:42:50] So if you have somebody who shouts down, who censors who threatens, I'm talking threatens. As in, you know, I'll get somebody to beat your ass or something, you know, if you have somebody in your quote, family who does those things, you are not a family. You are not a family. You might be an army because those officers can shout you down. They're authorized to do that. Those officers can shut you up. They're authorized to do that.
[00:43:19] Leaders of any kind can shut you down. They, they're authorized to do that. You have a hierarchy, a chain of command that must therefore be followed whether regardless of collateral damage and whether or not it's a failed mission, a Zero Dark Thirty situation, it's up to you to pick one of the two. You cannot be both.
[00:43:44] You cannot either. Consensus is perfectly okay, regardless of what people think about it, or you Follow chain of command, collateral damage, whatever be damned.
[00:43:56] You pick.
[00:43:58] Once you've decided, you have to stay happy with that decision.
[00:44:02] There's people that would say, well, consider World War II.
[00:44:06] We're back with our families after World War I, and then World War II happens, and we're called back out there. The vast majority of people were drafted back out there. They didn't go on their own. They were the vast majority. Not all, but the vast majority were drafted back out there. They were already fatigued, right. Because they wanted now to kind of work it with their families when they got there.
[00:44:27] Then the spirit hits, okay, we're here. Let's make this. Let's fight this battle. This is worth fighting because my family's back home, and it's worth fighting.
[00:44:38] So in summary, at no point in anything I said today did I suggest that you do not fight. Did I suggest that you do not argue? Did I suggest that you do not try to control?
[00:44:51] I said you got to choose.
[00:44:53] You're going to protect. And by protecting, it means you have to be very smart about when and why you fight.
[00:45:00] Instead of picking it because you still absorb information, you collect it, you take it in as currency, then you leverage it and you're smart about it. It's what it is. Or you're part of an army and you fight because you believe so much in the cause. And the chain of command has said, this is worth doing. And we're telling you it's worth doing. And you will follow orders and fall in line, or we will shut you up one way or the other. You. You pick one of the two.
[00:45:32] It cannot be both. It can never be both. You, your family is on your mind when you're out on that field getting shelled.
[00:45:41] But for that moment, your survival is all that really matters. And the chain of command is all that really matters. That's all that really focuses on out there, on that field.
[00:45:53] You can think about the family.
[00:45:56] I speak from experience.
[00:45:58] You can speak about your family, but the chain of command is what matters. Why do you think they have an awall? Why do you think they have dishonorable discharges? Because honor is follow chain of command. Do what you're told. It is what it is.
[00:46:13] If you're that, I celebrate it, just admit I am chain of command. I need somebody to tell me what to do. I need somebody to order me what to do. I don't want to think for myself.
[00:46:25] That's how I best thrive. Some people thrive best in that structure from when they were teenagers. They strive best when they are dictated to by people in charge, they thrive.
[00:46:39] Cryptocurrency folks.
[00:46:42] They count on you to be that. They count on you to depend on these people in hierarchy, those that chafe against it.
[00:46:55] That's why there's the mutes and the bands and the silencing and the censorship. And arguably anyone who adopts those topics is no different than the people in crypto. Which then connects to my next episode next week, where we need to break down and get a little bit more intense in our conversation about the true definition of what is a scam and what's not a scam.
[00:47:20] Because I think what I share is going to surprise you. Some will disagree.
[00:47:25] The vast majority, if you really listen to what I say, won't disagree with what I say. And it will make you really think deeply about what a scam is, because you're going to find that some these projects are actually not, quote, scams in the traditional sense.
[00:47:41] It's simply that they exploited people at a basic level who made a bad decision.
[00:47:49] And then those people made a bad decision, followed other people who made bad decisions, and those people trapped them into further bad decisions. And then it's called the rabbit hole.
[00:48:00] Well, did it start from this person over here who was just a blatant idiot?
[00:48:06] Jack Levin.
[00:48:07] Zen crypto. XN crypto.
[00:48:10] Are we suggesting that Jack Levin is a scammer?
[00:48:14] Think about it. And again, we'll dig deep into this on next week.
[00:48:17] Is Jack Levin a scammer? I want you to think about. Look him up. XEN crypto. Jack Levin, is he, Is he a scammer? He launches the project.
[00:48:25] He's on video.
[00:48:27] He's talking about the thing. He's talking about what's going to do. You can mint your own tokens and make your own price, and it's minting out of control even now. And he's going to spin up another token. But he put his face up there, he put his name up there.
[00:48:40] He didn't hide.
[00:48:42] Is he a scammer because people lost money? You answer that question because you'll find strong parallels between what he did and what vast majority of these cryptos really have done.
[00:48:55] And it's going to get, it's going to mind fuck you into what a scam is and isn't in the, in the crypto sense. I should say at the end of the day, if you lose money, you lose money, and that is a problem.
[00:49:09] I'm saying that all of it starts with us. You have to think, what is it that told you this was a worth even giving the money in the first place. Was there anything there that told you that this was likely going to be something other than words? Words on a page? Messaging. Some projects did better with the messaging than others.
[00:49:32] Some projects, there's nothing there other than somebody talking on the screen every week and you're sold. That's somehow indicative of a credible project. And then when there's a loss of money due to the fact there was no fundamentals AKA Emperor's New Clothes, then the army shows up, pitchforks come out.
[00:49:53] I'm going to challenge your narrative about scams.
[00:49:58] I'd like you to follow me down that rabbit hole I just talked about because it's gonna mind fuck you because I have to.
[00:50:07] And it's guest starring Jeffrey Epstein because his story is a perfect parallel to what we are now seeing in certain cryptocurrencies of modern era and all of the armies in cryptocurrency and Bear Stearns to a lesser degree we'll talk about because it kind of connects to a little bit.
[00:50:32] We're going to have fun because it's all I can offer you.
[00:50:37] I can't do anything else for you but inform.
[00:50:41] It's up to you. Somebody else made the point and I appreciate them.
[00:50:45] You got to choose to listen.
[00:50:47] You can reject what I say. I celebrate your right to reject what I say. But it would behoove you to hear what I'm going to say now. Next week.
[00:51:20] Sam.
