Grab Your Tinfoil Hat…
Extreme volatility in indices and metals makes risk controls, profit-taking, and position sizing more important, while silver delivery concerns illustrate the danger of relying on familiar setups.
Date: 2026-01-31
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Trading Under Extreme Volatility
[03:27] Trading is a process. It is not easy, especially in this environment of manipulation and geopolitical uncertainty. If you’ve recently started learning, don’t expect consistent profitability to come quickly. There is opportunity, but the market can pull the rug out from underneath you before you have time to understand what happened.
[05:01] If you’re overleveraging and have no risk protocol to rein yourself in, you can get hurt by your own decisions. You can blame the market afterward, but nobody puts you into that risk except you. I see people pushing too hard for big trades and large payouts while taking on far more exposure than they should.
[05:40] The indices can move 100 handles in seconds, and gold and silver are making enormous moves. A fluctuation that might have been four or five points under more normal conditions is now greatly exaggerated. That creates opportunity, but it also means a routine bounce can do serious damage to an oversized position.
[06:32] I see this as controlled price delivery, with the distance between where the market was moments ago and where it is being taken next becoming wider. If you don’t appreciate that risk, you’re approaching the market with a gambler’s mentality: place a large bet and see what happens. There is plenty of opportunity, but that does not remove the consequences of being overleveraged. transcript
Profit-Taking Versus Shorting
[09:07] Over the summer, I discussed why I expected gold and silver to move substantially higher. I had been expressing that view in 2019 and throughout 2020 as well. I wasn’t simply talking about buying metals as a long-term store of value; I was talking about the possibility of a much larger price expansion.
[10:48] When I said it would be uncivilized not to take some profit, that did not mean go short, and it did not mean exit every position. At 102.50, I specifically said I was not calling the top. I was saying that anyone already long should be taking something off because of the extent of the move and the volatility.
[11:27] That distinction matters. Taking profit on an existing position is not the same as predicting a reversal or recommending a new short. I generally avoid putting you into specific metals trades because the volatility is so high and people sometimes read more into my comments than I actually said. transcript
[12:54] My broader view was that the metals would rise because of the movement toward a gold-backed currency. I believe the BRICS nations are pursuing that to challenge the dollar’s global reserve status, and I don’t think they have stopped working toward it. If countries could conduct business in a currency backed by gold, what advantage would they see in using a dollar that is no longer backed by gold?
[13:28] I also question how we support the dollar through control of resources. We went into Desert Storm, and now we’re involved in Venezuela and selling its oil. I don’t see how we can justify taking another country’s resources and presenting it as something being done for that country’s benefit.
[14:01] Imagine Russia and China saying they disliked our president and the governor of Texas, so they were going to take and sell the oil produced in Texas and Alaska for the benefit of the American people. We would not accept that explanation. That is why these actions concern me.
[14:30] I have never voted. I am not a Republican or a Democrat, and I don’t believe either side is doing what is best for the country. I’m looking at the actions and their consequences rather than defending a political team.
[16:00] When Nixon removed the gold standard, what was left backing the currency? I question the value behind it, and I also question what happened to the promised discussion of an audit at Fort Knox. I am not convinced that the gold is there as represented. Since 2001, I have become much more critical of what we are told.
[16:41] As a speculator, I translate those concerns into market questions. How could public expectations be manipulated? Where could that produce capitulation that most people would not anticipate? Even before I viewed markets as algorithmic, I was constantly asking who was likely to be caught on the wrong side next.
[17:48] I think returning to a gold-backed dollar would undermine the BRICS currency initiative, at least initially. There is already so much infrastructure built around the dollar that countries would have a reason to keep using it. An alternative currency might remain available, but the immediate incentive to abandon the dollar would be reduced.
[18:19] Instead, we have tariffs and additional costs being placed on the public. My position is that American consumers are paying those costs, not the foreign countries being named. That is happening while people already feel heavily taxed and stretched financially. transcript
[19:03] I’m reading about additional taxation in Virginia and proposals elsewhere to tax things such as bicycle use. The concern is not one isolated charge. It is the continuing expansion of what people must pay simply to go about their lives.
[19:51] I’ve said that fresh drinking water could become another major means of control. There is already a contract associated with it, and I connect that concern with the movement toward 15-minute smart cities. My concern is that convenience becomes the justification for restrictions on travel and additional taxation.
[20:52] When cameras first appeared at intersections in my state, I thought they were useful. If somebody ran a red light or made an illegal turn, the recording could establish what happened and protect the person who was not at fault. I initially saw a public service rather than an intrusion.
[21:39] As the cameras spread everywhere, I began viewing them differently. I now see the potential for surveillance to support travel restrictions, mileage-based taxation, and other controls. People are already struggling with groceries and utilities, yet more activities and purchases seem to be becoming opportunities for another charge. transcript
[23:25] The files being released and the associations involving powerful people deepen my distrust of our representatives. I don’t like calling them our leaders because they are supposed to represent what the people want. They are not kings or queens, and the country does not belong to them.
[25:03] Look at what comes out of your paycheck, then what you pay again when you spend what remains. My concern is that the taxes keep increasing while the restrictions increase alongside them. People are being asked to accept more control without having agreed to the direction things are taking.
[25:40] I believe the fires in Hawaii and Southern California involved directed-energy weapons and a desire to acquire valuable real estate. I see a similar real-estate motive in Gaza: destroy what is there, acquire the land cheaply, and rebuild it according to a different plan. I connect those concerns with smart cities and Agenda 2030.
[26:24] We only have a few years before 2030, and I expect these changes to accelerate. I don’t think they will affect only one political party, income group, or country. My question is what you would do if travel restrictions or additional charges based on how far you drive became part of your everyday life.
[27:45] Did the people asking for your vote explain those changes beforehand? I don’t think they did. My distrust goes back to September 11th, 2001. I initially accepted that the attacks came from outside the country, but I no longer believe that explanation. transcript
Silver Delivery Concerns
[28:27] Coming back to silver, one reason I urged profit-taking was my belief that there isn’t enough physical silver to meet the demand for delivery. I’m drawing a comparison with the 1980s, when two brothers cornered the silver market and the situation collapsed. My concern is the difference between what can be traded on paper and what can actually be delivered.
[29:16] The industrial-demand argument I’m making concerns batteries. Manufacturers have been looking for ways to address the overheating and fire problems associated with lithium batteries, and I’m referring to the use of a thin layer of silver to prevent those problems. If that becomes part of widespread manufacturing, the demand is not merely speculative.
[30:29] Think about the number of phones people replace over three or five years, then consider that across billions of users. China manufactures a large number of those phones, so the demand for silver would have a direct industrial purpose. That is different from somebody buying a contract simply because they hope its price will increase.
[31:05] I believe the paper silver market has been artificially suppressed for decades. As price moved into the 60s, 70s, 80s, 90s, and eventually 121.70—just short of 122—the pressure on institutions positioned short became significant. That was part of why I thought existing longs should take some profit.
[31:40] The explanation being offered is that Trump selected a more hawkish prospective Fed chairman, creating expectations of higher interest rates. I don’t accept that as the underlying explanation for the entire move. I see it as the explanation people are being encouraged to repeat.
[32:37] But these are my opinions. I don’t want you to believe them just because you like me or because I teach trading. Look for evidence that supports or contradicts what I’m saying. Investigate it yourself and think independently rather than adopting somebody else’s opinion, especially mine. transcript
[33:07] When I was younger, making money led me to believe I understood more than I actually did. Being profitable did not make me an expert on everything. What concerns me now is what I see as movement toward centralized global governance and the possibility that participation will eventually be forced rather than freely chosen.
[33:53] In the United States, we have a Constitution and a Bill of Rights, but many people don’t understand the protections those documents are supposed to provide. If you don’t know your rights, you may not recognize when they are being infringed. Getting people emotionally worked up and encouraging them to destroy their own neighborhoods does not protect those rights; I believe it helps create the conditions for more control. transcript
Physical Demand and Delivery
[35:55] Now consider a manufacturer such as Samsung or another company buying silver for batteries. It isn’t necessarily buying the contract to profit from the price fluctuation. It wants the physical silver so it can manufacture something. That difference between speculation and taking delivery is central to the argument I’m making.
[36:43] We don’t have a January contract. We’re trading March now, and when March expires, the last day of that month is the final delivery day. Then we roll to May. My concern is what happens as delivery approaches if the supply is not available.
[37:17] A buyer may have assumed the risks of holding the contract and may have gained from its increase in value, but that does not solve the problem if the buyer needs the commodity itself. A manufacturer cannot put a profitable futures statement into a battery. It needs the silver.
[37:52] What I’m describing is a situation where the physical commodity cannot be supplied and the parties begin negotiating a cash settlement instead. If silver is trading at 120, the discussion might become, “Will you take 110? Will you take 100?” My interpretation is that this negotiation becomes part of the justification for bringing price back down.
[38:28] Larry Williams described a situation in sugar where he bought a large amount, took delivery, and then sold the physical sugar at a higher price than the settlement price of the contract month. He described it as cornering the market. The distinction is that he was taking delivery as a buyer, not standing on the other side with an obligation to supply something he did not have.
[39:44] In the silver scenario I’m describing, a buyer who needs the metal is told the seller cannot deliver and must negotiate in cash. I see the resulting decline as controlled demolition: price is driven lower until it returns to a range the parties can manage. That is my explanation for what happened, rather than simply accepting the interest-rate headline. transcript
Oversized Position Risk
[40:48] Whatever explanation you accept, consider the scale of the move. We’re talking about roughly a quarter of a million dollars of movement per contract inside two days. That should make you think carefully about what an oversized position can do to an account.
[42:03] My regret is that on Thursday I had a strong intuition to buy silver puts with an 85 strike. They were far out of the money and very inexpensive while silver was around 120. The idea kept coming back to me, but I decided not to act on it.
[42:39] I have never regretted not buying Bitcoin. I will not trade crypto because of how I view it, including its connection in my mind to the beast system. Missing these silver puts is different: that was an opportunity I considered directly and chose not to take.
[43:26] Usually, my regrets concern managing a position poorly, holding too much size, or failing to exit when I should have. I generally don’t regret missing a move. In this case, I was looking at daily-chart inefficiencies and thinking silver could trade down into them before March expiration, potentially while the puts still had around 14 days of time value remaining.
[44:26] That does not mean I expected the entire decline to happen within one 24-hour period. I expected some retracement, not that much movement that quickly. I want that distinction to be clear. transcript
[45:05] My larger concern is that unelected people with enormous influence are shaping how countries operate and what ordinary people are permitted to do. I see decisions being made without meaningful public consent. In my view, the people making those decisions are increasingly unconcerned about whether the public recognizes what is happening.
[46:24] Bring that concern back to trading. What happens if you’re watching a one-minute or 15-second chart and price suddenly moves so far that it is no longer visible on the scale you were using? A familiar PD Array does not make you immune to a sudden, extreme repricing.
[47:44] Would you still feel comfortable trading 15 contracts just because a prop firm permits it? Trading can be an excellent business when you have a consistent model and control your emotions, but you should not assume the environment will always remain suitable for the way you currently operate.
[48:22] I connect these concerns with the 2030 agenda. Why that year, and why do so many countries appear to be moving in the same direction? My concern is that the pressure to implement these changes will affect markets through increasingly extreme and exaggerated moves.
[49:37] What would you do if you could not trade? What alternative source of income or other work could you turn to? Don’t assume trading, affiliate commissions, prop-firm payouts, or income from a trading audience will always remain available in their current form.
[50:42] Another possibility I’m asking you to consider is restricted market access. What happens if participation is eventually limited to professionals? You already declare whether you are a professional or non-professional through your brokerage arrangements. I’m concerned that a classification people currently treat as routine could eventually become a barrier to participation.
[51:24] People can become accustomed to large payouts and then build a lifestyle that depends on them continuing. If access changes or the risk becomes too great to participate, that income can disappear. The same applies to influencers and businesses whose revenue depends on a large population of active retail traders. transcript
[53:57] I have not seen a market environment like this during my trading career, and I studied historical data from well before I began in 1992. That is why I’m concerned. You don’t need to agree with my conclusions, but you should at least examine whether there is something you need to prepare for.
[55:12] Don’t believe this simply because I said it. Take the initiative to look into it and decide whether the risks are relevant to you. My concern is not a substitute for your own investigation.
[56:11] The feeling I have now reminds me of the urgency I felt in July and October 2019, before the disruption in March 2020. I did not understand exactly what was coming when I spoke about it. I now look back at the restrictions, distancing rules, and limits on normal activity as a test of how people would respond.
[57:31] I’m concerned that something could interrupt trading or prevent people from participating, and I do not have an answer for every possible version of that. I’m not telling you to rise up against your government or go into the streets. I’m asking how you would respond if an activity you depend on became unavailable. transcript
[58:09] How would you navigate restrictions on leaving your neighborhood or limits on how far you could travel without additional charges? That is the kind of future I’m worried about. I see parallels with 1984 and believe some of the mechanisms described in that novel are being treated more like an instruction manual than a warning.
[58:58] We have midterm elections coming in November, and I’m concerned about how unrest could develop as the weather gets warmer. I believe much of the activity in Minnesota is financed rather than entirely organic. I am not saying that to defend ICE or Trump; I’m saying that I believe people are being pushed into opposing camps.
[01:00:10] Once you identify completely with a side, you become part of that conflict. I don’t want my family participating in confrontations or getting into people’s faces in the street. My response is noncompliance rather than making a public spectacle that can be used to make an example of me.
[01:01:01] I’m talking about payments of $12,000 a week from wealthy backers to people participating in the unrest. Financial pressure makes that kind of offer attractive to someone who has few opportunities and little income. I believe that is part of how the division is sustained, and I expect participation to become easier to attract when the weather improves. transcript
[01:02:27] I began expecting military personnel in the streets during Obama’s presidency and thought it might happen during Biden’s. When I became concerned about actions affecting ammunition manufacturers and smelters, I increased my firearm purchases. I believe people should have a way to protect themselves and their families.
[01:03:31] Even in a country where possession was not legal, my personal position would still be to have access to a firearm. But that does not mean I intend to go into the streets or join a political confrontation. My concern is what decisions I would make if my family’s safety were threatened.
[01:04:07] I believe powerful people behind these systems are trying to control people in much the same way I believe markets are controlled algorithmically. I describe those people as Luciferians. But people have free will, and the question becomes how control is imposed when someone refuses to cooperate. transcript
[01:04:44] That is why I view taxation as more than a funding mechanism. If the government can create money and send enormous amounts abroad, why does an individual’s failure to pay property tax lead to losing a home? To me, that is a form of control.
[01:05:14] Rising property values are not automatically a benefit to someone whose income has not increased. If you aren’t selling, the higher valuation can mean a larger tax obligation on a home you already paid for. I look at that recurring property tax as rent being paid to the state.
[01:05:45] The tax-lien process is an example of what concerns me. Someone can pay the delinquent tax amount and hold a lien, and if the owner does not repay within the period I’m describing—a year—the property can be lost for the amount of that lien and the associated fees. My concern is how that can be used to acquire property from people who are already struggling.
[01:06:20] I believe well-connected people have access to the most attractive opportunities in that process. I also connect the accumulation of houses by large financial institutions with the influence those institutions have over global policy. BlackRock and the World Economic Forum are part of that concern for me.
[01:07:01] With the prospective Fed chairman Trump selected, I’m less interested in the hawkish-versus-dovish label than in his connections to the Bilderberg group and the World Economic Forum. I see those connections as part of the larger structure I’m describing. transcript
[01:07:44] As unrest grows, people may begin asking for restrictions themselves. I have heard neighbors say that if disorder reaches their area, they hope the authorities impose martial law and lock everything down. But that means asking for curfews and the removal of freedoms in exchange for a promise of safety.
[01:08:30] My interpretation is that the problem is being created with that solution already in mind. If people become frightened enough, they will ask for the very controls they would otherwise reject. That is why I think it is important to consider the sequence rather than reacting only to the immediate event. transcript
[01:09:15] I also believe immigration policy is being used to intensify division. That does not mean racism has disappeared. I grew up around open racism, Confederate flags, and family attitudes that meant I had to hide friendships with Black children. Breakdancing and rap were part of my childhood, and I wasn’t going to abandon my friends because my family disapproved.
[01:10:20] My concern now is that different cultural expectations, a lack of assimilation, and unequal treatment under the law are being used to produce another form of social conflict. I object to policies that, in my view, provide newcomers with extensive support while existing taxpayers struggle to afford the same necessities.
[01:11:21] Housing, healthcare, phones, and other benefits become sources of resentment when working people feel they are paying more and receiving less. If people also believe crimes are being treated differently depending on who commits them, that resentment becomes stronger. I believe those tensions are being cultivated deliberately.
[01:12:04] I grew up on welfare, so my criticism is not coming from somebody who has never seen it firsthand. My opinion is that assistance should be temporary, with a realistic period of roughly nine months to a year. I would set a maximum of one year rather than allowing indefinite dependency.
[01:12:36] I also oppose increasing assistance in response to having more children while remaining dependent on the program. My position is that having another child in that situation should end eligibility rather than increase the benefit. I want the incentive to be toward supporting yourself and your family, not preserving the subsidy arrangement.
[01:13:13] When housing, groceries, phones, and healthcare are covered, people can become afraid to improve their circumstances because they might lose those benefits. That can also create a political incentive to keep supporting whoever promises to preserve the arrangement. I see that as dependency rather than freedom.
[01:14:33] I pay around $3,000 a month for health coverage comparable to what I believe some recipients receive through assistance. That contrast is part of my frustration. My criticism of fraud is not limited to one race or nationality; I believe it occurs across groups and in many states, and that officials sometimes protect the systems that allow it. transcript
[01:16:03] I expect some people to become angry enough to act illegally or harm others, and I believe they will regret it. I’m concerned that authorities will use crowd-control technology already deployed elsewhere, including directed-energy devices that cause intense pain. That is another reason I’m not encouraging anyone to join a confrontation.
[01:17:16] Whatever political side you choose, I believe the eventual outcome of escalating conflict could be lockdowns, martial law, and tighter control. A digital currency adds another concern: the possibility that buying and selling become conditional on approval. My argument is that conflict between ordinary people can distract them from the systems being built around them. transcript
[01:19:20] I see financial pressure in my own family. I help relatives who cannot keep up with their bills, and I have listened to husbands tell me they feel inadequate because they cannot support their households. These concerns are not abstract to me.
[01:20:37] That is why I talk about preparing a home with food, water, and practical supplies. Even things such as extra oil and filters matter if they allow you to maintain your own vehicle during a disruption. I don’t know everything, and preparation is not a claim that I know exactly what will happen.
[01:21:56] My reading of Daniel also influences how I view current events. I see a description of a wealthy, forceful, lawless figure who behaves unlike those before him and does what he wants regardless of opposition. I connect the reference to the “god of fortresses” with buildings and real estate. You can draw your own conclusion about that interpretation.
[01:22:31] I see this as a global issue rather than something confined to one neighborhood or country. Preparing your household matters more to me than spending money to impress people online whom you may never meet. transcript
[01:23:16] Think about why you seek acknowledgment online. Sometimes somebody simply wants a connection or wants to know that a person they respect has seen what they said. I understand that, but receiving a response should not become a status symbol or a measure of your worth.
[01:25:19] I value the private relationships that have developed with students and their families. Some have shared deeply personal accounts of what changed in their lives, and they do not want public attention. Those experiences mean more to me than turning every interaction into a public testimonial.
[01:28:24] If you are already successful but still need people to validate you constantly, what would it take for you to feel content? Making millions does not necessarily solve that problem. You can have financial success and still feel that it means nothing unless other people recognize it.
[01:29:32] I went through that myself. If your sense of worth depends on how others see you, there will never be enough attention, praise, or recognition. Don’t build your definition of success around a need that can never be satisfied. transcript
[01:30:50] A more useful starting point might be learning to cover your rent. I’ve heard from students who had never considered making that their initial objective. Later, they came back saying they had enough set aside for a year’s rent and had started saving toward a house.
[01:31:22] That is very different from believing you must trade like me or earn as much as somebody else before your progress counts. A realistic first objective reduces the pressure to do more than you need to. Becoming wealthy may eventually be a byproduct, but making a million dollars should not be the first milestone below which you refuse to recognize any success. transcript
[01:33:02] I’m also concerned about proposals involving taxation of unrealized gains. Imagine being long silver from 55, 64, 75, or 86, watching it move above 102, and then facing a requirement to pay tax on those gains before closing the position. What happens if you pay and silver then suffers the decline we just saw?
[01:34:01] That is the problem I want you to consider. You could be left with a tax payment based on gains that no longer exist, while still needing to pay your mortgage and property taxes. I connect this with my belief that the 2030 agenda is moving toward eliminating private ownership.
[01:34:47] I don’t believe moving to Russia, China, or another country automatically escapes the problem. My view is that the broader direction is global, even where countries present themselves as opponents. I am not looking at another country as a simple solution. transcript
[01:35:22] That brings me to the question I wanted to ask you: what would your response be if these problems reached your household? You may have ideas I have not considered. I’m interested in what you would actually do, not simply whether you agree with my interpretation.
[01:35:48] What happens if trading is interrupted for six, nine, or twelve months—perhaps longer? It does not have to disappear permanently to create a serious problem. If your current income depends on trading, affiliate commissions, or a business connected to trading, what would sustain your family during that interruption?
[01:36:21] Do you have enough in your home to support your household for up to a year? I’m asking why expensive cars, watches, collectibles, and online displays of success take priority over that kind of preparation. Those purchases may be enjoyable, but they do not answer the question of what you would do if your income stopped.
[01:38:56] I’m talking about non-perishable food, fresh drinking water, filtration, and backup power. If your home depends on natural gas, consider what you would do if that supply were unavailable, including a generator and an alternative fuel supply. Rainwater collection is another option I would pursue, even where an association tried to prohibit it.
[01:39:38] I also want you to think about protecting your household. I am not saying go out looking for trouble. I’m asking what you would do if trouble came to your door, and whether you have considered that before being forced to respond. transcript
Stepping Away From Metals
[01:40:11] Returning to silver, my interpretation is that the decline was controlled demolition connected to a lack of deliverable supply. That is why I urged profit-taking. But my position now is that I am not touching it. I don’t care if it eventually reaches 300; the risk it has demonstrated is enough for me to step away.
[01:41:24] I’m concerned about a future move resembling what happened in the euro and Swiss franc: one moment price is here, and the next moment it is somewhere completely different. I believe that kind of discontinuity could affect currencies, indices, and other asset classes. A familiar setup does not eliminate that possibility.
[01:42:06] My position on Bitcoin has not changed either. I question why it did not move with gold and silver if it is supposed to provide the alternative to fiat that its supporters describe. I am not interested in buying it, and I do not regret staying away.
[01:42:39] As for metals, I am completely neutral now. They can rise or fall, but I’m not going to give you a directional expectation because I don’t want you taking risk based on something I cannot confidently assess.
[01:43:37] At this point, I don’t know what metals will do next. That is not an attempt to claim both sides afterward. It is an acknowledgment that the market has demonstrated a level of risk I am no longer willing to engage with. transcript
[01:44:48] Respect that risk. When you open an account and accept the risk disclosures, you are accepting responsibility for your decisions. If you overleverage or make a poor trade, you cannot expect somebody else to reimburse the loss.
[01:45:57] The question I’m leaving you with is this: if trading were taken away from you for a period of time, what would you already have in place? What would you implement to reduce the pressure on your household and meet the needs that trading currently supports? That is what I want you to think about.
Full transcriptICT’s words · expand to read the supplied transcript
[00:36] Well, good morning folks, how are you? Getting all kinds of opposition this week. Somebody don't want me talking. Mentor with a mouth, never shuts up. Let's give folks a minute or two. I'm gonna put it on mute for a second. I'll go make sure I have a fresh bottle of Fiji water next to me. It's going to be a short one, I promise you. Usually I say that stuff and we go on for a long, long time, but I don't, I don't have that much to say today, if you can believe that.
[01:10] Just give them a couple more minutes, let everybody sign in. Alrighty, so it is Saturday and obviously we had a pretty crazy technical week in the markets and other things transpired. And I'm going to give you a couple things to consider and ponder over this weekend as we go into a new trading weekend. How they may impact you. Um, what am I doing? What have I done?
[02:42] Um, I'm actually going to refer to something I don't make a habit of doing because I rarely ever have any kind of regrets, but I do have a regret, and we'll get into that in a moment. But, uh, Last summer, over the period of the summer months, I don't know exactly when they were, but there was X Spaces hosted by Kit, you know, ICT_Concepts. Uh, he has a wonderful community where everybody comes together and they, they uplift one another, they encourage one another, they remind each other that it's not easy but it's worth doing.
[03:27] And I've always found it, uh, delightful to listen to everyone kind of like roll their sleeves up and show their heart. And sometimes through tears and sometimes through, you know, making fun of yourself, to just relax and realize that, you know, it's a, it's a process. You know, it's not easy to do what we do as, as traders, and all the more difficult in this present, you know, age of corruption, manipulations, you know, all kinds of geopolitical things. And that's why I constantly remind all of you, if you just recently started learning how to do this and you press through it and you find consistent profitability, you have done the most in terms of all of trading history.
[04:21] All of trading history You chose to do this at the most difficult time to do it. So don't let it discourage you, and don't have such a high hope of expecting to do it very easily, very quickly. Just go out there and start making lots of money real fast. So it's, it's important for me as an educator, as a mentor, as someone that's done it, um, to remind you that it is not going to be easy right now. It's going to be very challenging. The markets are going to be— well, you're going to have the rug pulled out from underneath you, the roof blown off.
[05:01] And if you're overleveraging and you have no real risk respect, no protocol in place to, to rein yourself in so that way you don't overleverage yourself, you could, you could wind up harmed, you know, by your own hands. And you can blame the market, you can blame this, that, and the other thing, but ultimately no one puts you in that risk but you. So I, I kind of like want to start this discussion today with that because I see a lot of people pushing really, really hard trying to get a lot of money, big trades off, and they're taking on way too much risk.
[05:40] Way too much risk. And how fast these markets are moving around, the volatility is like snap, snap, you're in there already. 100 handles in the index markets, you know, in, in literally seconds. The markets like silver and gold are moving hundreds, hundreds of points. Like, that's a dream come true for someone like myself that started in the '90s. Like, we, we never imagined that there'd be a day like you're seeing today. And you can have your head cleanly removed from your shoulders just with a static price bounce here and there that would normally— in a normal market condition when the volatility is not so extreme, it would just be like probably 4 or 5 points.
[06:32] But it's so exaggerated now, they know that there's a fevered pitch for people to get out there and trade and buy and buy and buy and buy and buy. So they keep extrapolating the measure of volatility, and that's not buying and selling pressure, that's them controlling the price and widening the disparity between where the market was moments ago to where they want to take it next. And if you don't appreciate that measure of risk, you're doing it absolutely wrong, and you're asking you're asking for the cause and effect of not knowing something and being ignorant and having a gambler's mentality and just placing a huge bet on, you know, let's see what happens.
[07:17] What's going to happen is you're going to have a whole lot of regret. You're going to have a whole lot of remorse. And for some of you, this is probably gonna be the shortest career choice ever. By starting trading this year, because it's going to be difficult. It's going to be difficult. But inside of this, there's lots of opportunity, wild opportunity. So I know I probably piqued a lot of your curiosity, but before I go any further, I just want to make sure you guys can hear me okay.
[07:50] I didn't do an audio check, so I just want to ask you all if you could do that now. Just give me a 5 by 5. Let me know you hear me. Just looking for a couple of them to let me know you guys can hear me fine. Thank you, Short Fuse. Thank you, Adam. All right, so If you recall, over the summer, uh, Kit was hosting his normal Trader Roundup and whatnot. Now, I think some of them were kind of like piggybacking on an X Space that I may have done, but they're not always like that.
[08:40] He runs his own community, does his own thing. But sometimes, not all the time, but sometimes he would follow up, and he might do that today. And I'm actually encouraging him to do that today, actually, because I'm going to leave you with a couple questions, and I'd like to hear what all of you that are willing to share that, not just in a post back to me. I want to hear your voice. I want to hear your concerns. I want to hear the lack of concern if that's what you have.
[09:07] Like, I want to, I want to put a voice behind the sentiment in response to the questions I'm going to pose today. But over the summer, I was telling everybody that, um, you know, gold and silver were going to go up. And I've been telling you for years that these things were to go up. I said it emphatically in 2019. I said it emphatically all throughout 2020. And here we are, okay? And there wasn't many people out there saying that. And now people always said buy gold, you know, buy silver, it's an investment, it's real money.
[09:42] I'm not talking about that. I'm talking about people calling an extrapolated run-up a mega trade type thing. And I guess if, if you allow me to speak in a manner where I'm not, I'm not trying to congratulate myself, I'm not trying to pat myself on the back, and if you listen to me today, you'll hear that there— I'm not wearing the ICT gimmick today, okay? I'm talking to you as Michael. I'm not trying to— I'm not trying to be the, the entertainer, you know, educator, you know, trying to get y'all worked up in a froth and stuff.
[10:21] The Stone Cold in me ain't here today, okay? I just want to make sure you understand that I want to talk to you sober-mindedly so that way you can hear me, understand what I'm saying, and don't just look at it and dismiss it as, oh well, this guy You know, I want you to really understand what I'm going to speak on today, because if you haven't been paying attention, it's going to be real obvious going forward now that you're going to see the things I told you.
[10:48] Okay, don't worry, it's not a Bible study for some of you that are already worried about that. But I talked about how gold and silver were going to start going up a lot, and my private mentorship students would all be nodding their heads like, yeah, yeah, he said all that stuff, he said all that. And I mentioned to you that it would be uncivilized for anyone that are— that's holding, you know, gold and silver not to take profits. It doesn't mean go short, it doesn't mean exit all your positions.
[11:27] So I want you to understand that I'm not saying that I'm calling the top, or that I called the top. In fact, I came out and said I was not calling the top, and that was at 102.5. I said, but you need to be taking something off if you're long. The reason why I felt inclined to talk about that and mention it, because you don't see me actively trying to put you in ideas about entering, going long or short on the metals because the volatility is so high and because a lot of you don't listen.
[12:01] You like to read into what I'm, I'm speaking and you add things to something that I may or may not have implied or had in mind when I was speaking. Not everything I'm saying is an enigmatic riddle for you to figure out. Sometimes a language barrier exists because you're not from the States like I am, and I may use a you know, cliché or, uh, you know, an expression that you're not familiar with, and you may take that and read it from a translation, some kind of an application.
[12:31] A lot of you guys don't like when I do these Twitter Spaces because there's no way for you to hear in your own language, and I don't have compensation for that, but I never put these things on my YouTube channel. There's dozens of people out there that do that. I just don't want to put it on my channel, okay? So you're welcome to put every Twitter Space I've ever done, put it on your YouTube channel and get some grocery money off of it. I don't care.
[12:54] I don't care. People are going to listen to it, they're going to watch it, there'll be comments and whatever. But I, I think that when you understand what I was saying over the summer, the metal markets, while they are going to go up because there's a rush for a gold-backed currency. The BRICS nations have had this in mind. They've been, you know, working aggressively to try to do that, to unseat the dollar as the global reserve currency. And I don't think they're resting at all in that regard.
[13:28] I think that that's still very much, you know, underway. And our dollar is essentially toilet paper. Like, there's really no value behind it anymore. You know, we used to use, you know, oil as a way of propping it up, and we went over to Desert Storm, did all that stuff to, you know, to control oil. We're down there in Venezuela taking their oil, you know, and selling it, which I, I gotta tell you, I don't know how— I don't know how else to see that as we shouldn't be doing that as a nation.
[14:01] We should not be doing that. That's theft. You know, what would happen if Russia and China said, yeah, you know, we don't like the governor of Texas and we're not real fond of Trump, so we're just going to go down to Texas and just, uh, you know, we're just going to start selling the oil that Texas pumps out and Alaska pumps out. So, uh, you know, we're going to do it for the benefit of Texans and Alaskans and, and for the American people. That doesn't— it doesn't sit well, you know.
[14:30] And it's, to me, That, that's a, that's a big warning sign. And I, I got to remind all of you that I have never voted. I'm not a Republican, I'm not a Democrat, I'm not anything, because I know that that bird has a right wing and a left wing, and it's not a bird that I want to fly with. Like, I, I don't, I don't believe either side is doing what's best for our country. And if you haven't been paying attention, if you haven't been paying attention, just, just look around.
[15:06] Just look around. And the things that are happening globally— UK, Ireland— all these things are migrating here. They're happening here. And because this movement by the BRICS nations to have a gold-backed currency, that in, in effect would absolutely make the, uh, this— the position that's been afforded to the dollar, the greenback, as a reserve currency— what, what interest, what advantage would any nations have in doing business globally with our dollar if they can do it with a currency that's backed by gold? Because ours is no longer backed by gold.
[16:00] When Nixon took off the gold standard, you know, what's, what's the currency worth then? Nothing. It's an illusion. You know, we were promised that we were going to see a, an audit in Fort Knox to see how much gold's there. Isn't that interesting how that just went away? Like, what's going on? Like, where's the gold? I'm not convinced there's anything in there, and if there is, it's probably 14-karat plated. That's, that's how I— because everything that's been going on since 2001, I have been looking at these things critically.
[16:41] And because I am a person that speculates in the marketplace, I take, I take that information and I translate into how they would utilize that in the markets. How could they manipulate the, the viewpoints of the average person on the street and then cause some kind of capitulation in the marketplace where the majority wouldn't expect it? And that creates opportunity. Before I subscribed to the idea that the markets are algorithmic, that's the mindset I had. It was always constantly, you know, who's gonna— who's gonna get screwed over next?
[17:18] And I think that largely still is what goes on algorithmically. It's just done more efficiently. And just so you guys know, I know a lot of you are requesting to speak. I'm not Kit. Like, I'm not going to have a conversation with any of you on my space because number one, it won't let me get through the content that I want to speak on. But you're welcome if he has a space after this one. You know, you can say whatever you want to say. I'll hear you whether you agree or disagree, or if you, you know, whatever you want to say about— I, I will be listening to it.
[17:48] But I, I don't want to have a conversation with anybody one-on-one in my space because I'd like to have the things that are on my mind. And because I don't have anything written down, I want to have the continuity just come out organically. But I think that if we were to shift to a gold-backed dollar, if we went back on that as a gold standard, uh, that would crush the movement of the BRICS nation, at least in, uh, in the near term. It would make it, well, why bother?
[18:19] Because now let's go back to using the dollar because there's so much structure in place. Then here, here it is. Let's just you know, let's resume this, and we won't completely abandon the BRICS nations idea, but it will just be an alternative if the dollar doesn't do— or the American government and its presidency and leadership and whatnot, if they don't follow through, then we can still use an alternative. But isn't it interesting that, you know, instead of tariffs and instead of Um, all the things that we're being, you know, forced to do, pay, because we as the American people, we're, we're paying the tariff.
[19:03] China's not paying it. All the other countries, they're not paying it. You are. And we're already illegally taxed more than we should. We pay tax on everything. And the morons in Virginia that they voted for this nutcase that came out in, you know, in the first week of her career signs into, um, legislation that there's going to be all kinds of things that's going to raise up taxation. Yeah, like, what are you talking about? Yeah, I'm reading things about how You know, states want to include a bicycle tax.
[19:51] If you want to ride your bicycle, you have to pay a tax every year to do that. Eventually what's going to happen is you're going to be paying an oxygen tax just to breathe. But they don't own that. They don't own the air. I'm telling you I said it a couple years ago, the next big control thing is going to be water, fresh drinking water. They already created a contract for it. It's sitting just, you know, dormant, but they're moving towards that. And I talked about how, uh, 15-minute smart cities were the thing that— that's the— that's the next thing you'd be watching for when Well, if you, if you follow me, you saw that I put a little period so you can watch a video that I saw, and we talked about that a year and a half ago.
[20:52] We talked about a year and a half ago, and now look what's happening. You can't travel as you want more than this many miles, or then you're going to start being taxed. About 10 years ago, when I started seeing all of the intersections in my state have all these little cameras up, I thought to myself, this is a really good idea. Because if, if you think about it, 90% of car accidents occur in intersections. So to me, it would make it easy for us as a victim of an accident that we didn't have any calls in we were a victim of— someone runs a red light, someone does an illegal turn, something like that— those cameras are recording everything.
[21:39] So I thought to myself, wow, how convenient. Like, they're doing a service for us. I didn't look at it as being intrusive. I didn't look at it as a control mechanism, um, until years that went by and I started thinking to myself, wait a minute, they're putting them up everywhere. Like everywhere. So it's surveillance, and we're seeing now why all these things are popping up, because they're going to implement some more draconian procedures of control, taxation, and it's imprisonment. There's no other way around it. That's what it is.
[22:19] It's imprisonment. Like, who are— who are they to tell us we can't travel and go wherever we want to go. We're not prisoners. We're already taxed so much people can't even afford groceries. Their utility bill off the charts, and they're talking about how they want to tax this, that, and the other thing. You order Amazon, well, you're going to pay even more. You're a fool, you're a moron, and you buy DoorDash, they're going to tax you even more on top of that. Why are they entitled to that?
[22:51] Why do they think they're entitled to that? Because what they're doing is, is they're squeezing all of you and me. I'm not exempt from this, but this is what I'm seeing. I'm seeing these incredibly overreaching control measures that if you're just happy-go-lucky walking through this place thinking that, you know, You're trading, you're running your little prop firm account, you're getting a little bit of money here, getting a little bit of bread in your pocket, getting some people to like you on, on social media and think you're living a life.
[23:25] You need to wake up, man. Like, you need to wake up. There's some dark, dark stuff going on, and everybody in leadership is part of it. Like the, the asylum, you know, patients are running the asylum. They're governing us. They're governing us. These mad people, these crazy people, these lunatics, these pedophiles, okay, they're all complicit. Now you have All these files being dropped, okay? I ain't looking at none of that stuff. I don't want to know what they were doing. I already knew enough to know that they're sick.
[24:19] These people are sick. They're demonic and they're disgusting monsters. And it's not surprising to see how all of these people are rubbing shoulders with our quote-unquote senators, our leadership, our representatives. Let me say it that way. I don't like the term leadership because they're not supposed to be leading us. We're supposed to be telling them what we want as the people. It's the people's nation. It's not the senators. They're not kings. They're not queens. They don't have— they don't have crowns. We kicked England's ass and said, no, you ain't going to govern us.
[25:03] To do what? To come over here and have worse? By small little samplings of the arsenic, we sipped it a little bit more, a little bit more, a little bit more, and now look what we got. 1% tax— we went to war over that. Look what you're paying right now. Look at your paycheck. Look what you have to spend to get anything while spending what you got left over. And they're taxing you more. They're preparing even more. And they're going to say that you can't do this, that, and the other thing.
[25:40] All these fires, they're direct energy weapons. Because they want that property, they want that real estate, they want that. That's what they want to do in Gaza. That's what they want that for. That's what they want it for. The same thing they did over there in Hawaii, the same thing they did in Southern California. That's what's going on. If they burn it all out, they come in, buy it up on the cheap, pennies on the dollar. And they put in smart cities. Well, that's interesting. That's interesting.
[26:24] Why would they want to do that? Well, you might want to research that, look into it. It's all part of Agenda 2030. We only have a few years left before we get to 2030, folks. Things are going to ramp up. Extremely fast. And if you're not paying attention, you may be shocked of all the things that's starting to pop up. They're popping up so fast, and it's going to affect all of you. It's going to affect me. It's going to affect everybody, whether you make a lot of money, whether you don't make a lot of money, whether you're Republican or Democrat, whether you are in the United States or another country.
[27:05] It's going to affect you. It's going to affect you. So my question is, what are you going to do about it? What is it you're going to do? What have you done? Are you gonna not go on vacation? You're not going to travel because you're going to be taxed because the cameras are recording everything about your car, your travels? And now because you traveled more than X amount of miles in a year, now they're going to penalize you. What does that sound like to you? Did you vote for that?
[27:45] Did anyone that you voted for, or their opposition, did they tell you out front, this is where we're going, this is what we're going to implement? No, they're just doing it. Why? Because they've seen since 2001 they can blow up buildings and tell you somebody flew some planes in there and did it, and you bit, chewed, and swallowed hook, line, and sinker. You believed it. I believed it too when it first happened. I believed it was outside of our own country. I don't believe that now.
[28:27] Oh, I can't listen to this guy. Go ahead, just go and go have a wonderful weekend. Be safe, enjoy yourself, and enjoy your family. I wish you nothing but the best, but I warned you what this stuff was going to be about today. Okay, silver market. I said that you want to take your profits because They don't have enough of it. They don't have enough of it. It's what happened when in the '80s, uh, 2 brothers got together and they cornered the silver market. And when it came to realization that there wasn't enough silver to come to delivery, collapse.
[29:16] Now, right now there is a fundamental real need, a real supply and demand factor for silver. Uh, telephone, cell phone makers and the batteries that go in them, they have discovered that the lithium that is problematic— sometimes it can leak and cause explosions and catch fire— they've been looking for alternative ways to combat that. And they discovered by laying a small little layer of silver, it prevents that from happening. So now what does that create? How many people have cell phones? A lot of people, right?
[29:58] How often are they buying a new cell phone? Well, if you're like me, when I was carrying it around all the time— I know you think I'm carrying my phone around a lot. I'm not. It's only when I'm sitting down and I have a moment of whatever it is I'm doing, I'm working on, I'll, I'll have a thought jump in my head and I'll post a tweet. And then there it is. I'm not sitting on there hovering over top of it. But there was a time when I was running mentorship, I constantly had it on next to me because I was looking for feedback from students.
[30:29] I told them, look, reach out to me on Twitter if you're having an issue with your account, whatnot. That was a way for me to have constant immediate feedback because email wasn't efficient. But I would drop my phone and they would break. So what am I going to do? I'm going to go buy another phone. How many phones have you bought in the last 3 years? The last 5 years? Now do that by billions of people around the world. So now we have a real supply and demand— we have a demand with little supply of silver, and China making the most cell phones.
[31:05] They're going to be doing what? They're going to be buying lots of it. So we have silver going up, as I mentioned last year, and for the last several years it's gone up, up, up, up, up. And I said it would be uncivilized for any of you not to take some profits here because we're at a range where there's a lot of institutions that have been trying to sell short silver because the paper market is manipulated. It's been manipulated and held back artificially for decades, for decades.
[31:40] And we went into a new frontier— '60s, '70s, '80s, '90s, '00s, all the way up to $121.70. Just shy of $122 on silver. Now they're going to tell you it's because Trump picked a new Fed chairman that's hawkish, not so dovish, and they're going to want to raise interest rates. I promise you this, if you haven't learned anything When they come out and tell you this is the reason why this is happening, that's not the reason why it's happening. That's not what it is. That's the excuse they want everybody to get on social media and talk about and say, oh yeah, it's that damn thing.
[32:37] Because most people are lazy. Most people listening to me are going to just listen to what I'm saying. If you like me as a person, if you like me as a mentor teaching, you just believe everything I say. And I don't want you to do that. I want you to look at the things I say and see if there's evidence to support my opinion, because that's what it is— it's an opinion. Don't believe anything you hear. Investigate it yourself. Look at it. Be an independent critical thinker.
[33:07] Don't adopt somebody else's opinion, especially mine. When I was younger, I thought I knew everything, and I didn't know anything at all. But because I could make money, I thought I was smart. I was not smart, and I still don't think of myself as highly superior intellectually. I, I'm no smarter than anyone else, but I've been paying attention since 2001, and the things that have been transpiring not only in our own country but everywhere else, it's marching to this one centralization of global governance. And how can they wreck— how can they wrestle and wrangle everybody's participation?
[33:53] Well, it has to be by force because there's going to be people like me, maybe some of you, that we're just not going to be willing to submit to these types of things. I'm not, I'm not going to do it. I'm just simply not going to do it. I'm not. So I'm not going to conform to it. The bottom line is, is we have a Constitution here, okay? And your country may or may not have something similar to that, but here in the United States, we have a Constitution, we have a Bill of Rights.
[34:23] And they have dumbed down our society here where most of these individuals don't even know what the Constitution says or what the Bill of Rights gives them in terms of protections. They don't know it. They don't know their rights. They don't know what's going on right now is an infringement on those rights. And that's what they've been doing. They've been slowly diluting the gene pool and allowing them to feel like they're social justice warrior, getting out there, standing— get out there and make a stand. You're actually fighting for the undermining of your own rights.
[34:56] You don't even see it because you're stupid. They've made you stupid. They've blinded you. With a sense of, well, you're significant. You're significant when you get out there in the street and act like a fool. You're significant when you burn your own neighborhoods down, your own citizens, neighbors, businesses that are in your own neighborhoods. You're burning them down. It makes you feel significant. You're justified. You're an idiot. You're doing everything they want you to do. And when silver climbs up $120, they got a perfect excuse why they're going to do the rug pull, because they don't have the silver to deliver that.
[35:55] They don't have it. What happens if silver is at these inflated prices because lots of purchases have been made and delivery is expected? In other words, the people that want to buy it— large conglomerates like Samsung and other cell phone companies that make the batteries that go in them— they want They need the silver. They need it. So when they're, when they're buying the contracts, they're not buying it to profit. They're buying it because they want to take delivery of it. There's a difference. Okay, so imagine if the market was trading at next to the close of the contract month.
[36:43] We don't have a January contract. Okay, right now we're trading in March, and when March expires The last day of that month is the final delivery day where if you're, you know, if you're trying to take delivery of the silver, that's the day you got to get it. And then we roll over to May. We're in an area where they have to get control over this thing because if they don't have the silver to deliver it, these exchanges like the COMEX they do things like this.
[37:17] It's not widely known, okay, but this is what really goes on. If there isn't a way to deliver it, okay, if, if you are buying a commodity, whatever commodity that is, it's on the exchange, then we're going to use silver as the example. If there is no commodity or supply to deliver to those individuals that want to actually receive it, they bought the contract, they assumed the responsibility and and risks of it, all the risks of holding that contract and the fluctuations in price. If they bought it and they made money on the, uh, the contract valuation, that's one thing, okay?
[37:52] But they're not in it for that. They're in it to actually receive all the silver in their hands because they want to use it to manufacture that little layer of silver in the battery on the cell phones so that way the batteries don't overheat and blow up and cause fires. So What happens when there is no supply? What actually happens is the parties exchange through cash, and they'll say, okay, look, we don't have it, so it's trading at $120. Will you take, uh, $110? Will you take $100?
[38:28] Because they don't have it to give, so they start bartering. And if you don't understand what this really means, is they're going to control the justification why the price goes down when it's really algorithmic. That's what was going on. It was controlled demolition. But from the exchange perspective, where there's a large conglomerate user— now I'll give you an example. This is a real-world example, and you can go watch a video of Mr. Williams, Larry Williams, He actually did this. He got into the sugar market and he bought lots and lots of sugar, and he bought most of it.
[39:06] He cornered the market, his words. It was legit. And he literally was selling his silver— I mean, sorry, his sugar, table sugar, white sugar, you know, the poison stuff they put in everything to feed cancer and whatnot. He was selling the, uh, the sugar at a higher price than it settled at on the contract month he took delivery of. So he was— he, he received and took delivery of the, uh, the sugar, but he was selling at a higher price. What happens if it's you that has to supply the commodity?
[39:44] See, he was taking delivery of it. He wasn't supplying it to the market as a supply. He was a consumer buying it. He wanted to buy because he felt it was, it was a worthwhile investment for him to just keep buying, buying, buying, buying. He cornered it, actually took most of the, uh, the sugar on delivery on that contract month. Not my words, that's his words. He did it. Okay, so what actually happens at the exchange level is the, the parties start bartering on the cash market.
[40:11] We can't deliver the silver, so we'll just pay you in the difference in cash. So panic sets in. Well, I can't get the silver, I need the silver. So what they'll do is they'll drop the price lower and they'll, or they'll barter, they'll barter, and they'll control the spot price like that. That's the perfect justification why it's going down. So you have that controlled demolition of price going lower, lower, lower, lower, lower, lower, lower, lower, and it just smashes everything, but it creates the perfect justification for why they can get silver back down into a controlled price range.
[40:48] Now, you're not going to see that in trading books. You're not going to see somebody get out there on the internet explaining, here in the chart, this is— but that's what's going on, folks, okay? I told you before, a lot of you guys out there, you simply don't know shit. You don't know anything. You don't know anything. And it's important for you to know that we're in an age of so much corruption When have you ever seen a market literally lose a quarter of a million dollars inside of 2 days?
[41:24] All you had to do, all you had to do is be short 1 contract and you won the Robbins Cup. You're done. 1 trade, you're done. It's over, it's done. Now let me tell you what my regret is. Thursday I was thinking to myself, I, I got an unction, okay? And I told you, if you were watching my other channel, you, you've heard me talk about this. So I'm not— I promise you I'm going to respect the atheists in here. I'm not going to talk about the things that I could talk about out of respect for you, okay?
[42:03] Because this is not the venue for that. But just so you know, I got an unction on Thursday. It was like a, like a strong intuition, like a strong tug inside of me that I should have bought a lot of 85 call— I'm sorry, 85 put options on silver. And it was nagging at me. It was nagging at me. And I was like, nah, I'm not gonna— I'm not gonna do it. I'm not gonna do it. And man, I, I've been asked all the time, have I, have I ever regretted not buying Bitcoin?
[42:39] Hell no. That's the beast system. I'm not going to do anything with that. I won't care. I don't care what it does. I will never, ever, ever, ever, ever trade crypto. Never. Absolutely not. I've never regretted not buying that. I do I do regret not buying 85 puts because they were dirt cheap. Dirt, dirt, dirt cheap. And on Monday, they're going to be ridiculous. You know, I could have made millions of dollars just over a weekend and, and not lose any sleep over it. So, uh, that's, that's one regret.
[43:26] I can't look back and say I regret I missed that move. I don't have any missed move regrets. I have regrets of not managing the trade or getting out when I should have, or, um, holding too much of a position and getting hurt. Those types of regrets, obviously that comes with anybody, but I've never regretted missing a move. But I do miss I did miss silver. I had an unction to buy 85 puts. They were far out of the money puts when we were trading at, you know, $120.
[43:56] I was saying to myself, man, it's so, it's so unlikely, and nobody's expecting that. And I'm telling you all to take some profits, take some profits. If you look at the daily chart, there's, there's some inefficiencies down in there. And I thought to myself, they could, they could drop it down there before March's expiration. You know, even if I got 14 days still left of the time decay, it's going to be ridiculous. But still, if they're going to pull against the people that are long, you know, that would be a wonderful way of doing it.
[44:26] Now, am I saying I, I saw them dropping that much? No, I just said it to you. I was expecting it to come down some, but not to see them do it all in one 24-hour span of time. So where am I getting with all this? Tighten your tinfoil hats up a little bit, okay? We are at a time where they don't give a rip what you understand about them anymore. They literally just dropped all those files. There it is, and everybody is in it. What are you going to do about it?
[45:05] Nothing. You're going to talk about it on social media, you're going to say they're disgusting, whatever, and the whole time they're doing things and having oligarchs that were not elected influencing the outcomes of how our countries are ran, what we can do as the people, what limitations are placed on us. We don't vote for these things, but it's all happening. They're making a mockery of everything, every sanctified thing from marriage to governance to representation and overreach. They're doing it and they're shoving it down your throats and saying, what are you going to do about it?
[45:48] What are you going to do about it? What can you do about it? Nothing. So what, you're going to stand out there on the side of the road with some signs and say, oh, this, that, and the only thing? They don't care. They don't care. They don't care. They're doing whatever they want to do. This is their world. This is their world. We are all vermin to them. We need to be exterminated. And if they can profit off us or use us like batteries— that's what The Matrix is showing you.
[46:24] That's what they do. They use us as a consumable commodity. And once we use up our usefulness, we, we're discarded. And you need to be paying attention because it's coming fast, really, really fast. And what's that mean? It means that you're going to start seeing crazy levels of manipulation in the marketplace where I told you what happens if they take it away from us. See, that was a controlled demolition. It wasn't a sudden just it's gone. It dropped, you know, 20, you know, 20 full handles in silver.
[47:07] That would be a lot. But what happens when you start seeing that? What happens when you're in the market and you start looking at your little squiggly 1-minute, 15-second charts, whatever it is you're looking at, looking for an ICT PD array, and all of a sudden Price ain't updating anymore because it's off the chart lower. The whole price axis on the right-hand side doesn't reflect it because it's off the chart down there. What are you gonna do? You're going to start sleeping good at night with that?
[47:44] You're going to feel empowered? You're going to feel like it's time to start doing 15 contracts because your prop firm says you can? Or is your ass going to clam up like that and think, oh no? Because we are in the last bastion of free enterprise, folks. We are in the perfect business. There's nothing better than trading. There's absolutely nothing better than speculation with a model that's consistent and you have control over your emotions and psychology and you're not wigging out over everything, there's nothing better than this.
[48:22] And you think with all the stuff that they're doing all around the world, you honestly think that they're not going to come for this too? It's coming. That day of reckoning is coming. The closer we get to 2030, 2030, They have to have all these things in place. They've sworn to an agenda that this has to happen. They need this in place. Which makes me wonder, why is it that year? What's so special about that year? Think about that. Why does everything have to be in place by that year?
[49:04] And why are all the nations around the world walking in lockstep with it? You may think you're listening to your leaders that you voted for and you think, no, they're not, they're not part of that. Look around, look closely. You will start seeing them doing that. They don't care who, who sees it now. They only have a little bit of time. They're going to still do everything they're going to do, and they're going to do it roughshod, and it's going to affect the markets. That's my point.
[49:37] That's my point. It's going to start causing moves in the marketplace that are going to be wildly extreme, exaggerated, and no one's talking about this. And I warned you about this 2 summers ago. I said, think about this now. Think. What are you gonna do if you can't trade? What are you gonna do? What alternative do you have? Now some of you are gonna be like, well, maximum pessimism, it's going to kick in, like, well, at that point I don't care, bro, this is all I got left.
[50:17] That's not, that's not true. That's not true. But you need to be thinking what you can do, what kind of other hustle you can do Don't be sitting back just assuming that trading is going to be like— I'll give you a perfect example. There's lots of influencers right now that are making lots and lots of money. These prop firms are making lots and lots of money. But what do you think is going to happen when the market caves in and becomes next to impossible to trade?
[50:42] Or, or I know it doesn't seem likely, but what happens if they just say you're no longer allowed to do it unless you're a professional? You know that little thing you have to do every year with your brokerage firm? You have to sign a form and do it every single year. Are you a professional or a non-professional? You don't see it coming, but it's going to be able to say you're not a professional, so you can't participate. Oops. But my optimal trade entry, but my Zircon model.
[51:24] So what, you're going to do it their way or you're not going to do it at all? See, right now everybody's just making their money, getting paid out, they're getting a little affiliate commissions, buying out cars, buying stupid stuff. Completely oblivious to what's coming. But I promise you, these same people are going to be on their live streams crying with real tears, complaining about, dude, who would have knew? Like, who could have saw this coming? You all know. And I'm not saying this so you can mock them later on, but I'm telling you, they're all going to feel stupid because there's going to come a day real soon that these same influencers that are making hand over fist And then, folks, let me explain something to you.
[52:13] There ain't— you add up all the influencers out there, all of them, and all the affiliate marketing, all that stuff, they don't come close to me, period. So I'm not looking at any of them with envy. I could care less. They're finally getting a little bit of money, okay? A little bit of money. A couple million here, a couple million there. That's nothing when their meal ticket is done, they will be nothing again. And it's going to come down on them like a weight, and it's going to smother them.
[52:49] And they're going to take themselves to their live streams, and they're going to be crying to you because they're not going to be able to wrestle with— they, they can't do it anymore. People aren't gonna be paying for these prop firms because the market will not be afforded to them. The positions will be too astronomical in terms of risk. You can't see this, but I see it coming. I see it coming. Now, there's a lot of you that are going to say, you know, this, this is, this is wild, like, this guy's, he's nuts.
[53:24] Okay, you're welcome to that opinion. You're welcome to that opinion. And if you get on, if Kit does a space and you think that that's what this is, you know, I'll listen to you. I'll probably laugh at you, and I ain't going to ridicule you. I ain't going to troll you. You're entitled to believe that. But who else was saying you better take some of that money before silver dropped $200,000+ a contract? I said this in every major move, every major move, and I'm behind a paywall with a legion of people that can come out and say he's lying.
[53:57] I did it in Bitcoin. I did it in all the other commodity markets, in currencies, in the dollar index. For 30-plus years I've been doing this stuff, folks, and I'm going to tell you something, okay? And I need you to really listen to this. I have never seen— I have never seen a market environment like we have right now— and I studied decades of market activity before I even started trading in 1992. I paid for data that reached back as far as data can go, and there has never been a market environment like right now.
[54:40] And you listen to these 20-year-olds that come in and say, bro, you know, this, that, and like— they're stupid. They're stupid. They literally think they know everything. And I know what that feels like because I was a 20-year-old making lots of money thinking I knew everything. You make a couple thousand dollars and you think you know everything, Mr. Kid Ego. You're gonna tell somebody, listen here, old man, listen here, old man, this old man paid more taxes in the last quarter of last year than you'll ever make in your freaking life, okay?
[55:12] That's the way it is. That's the way it is. But you listen to these people that are influencing you And they're trying to get you revved up to worship them. I don't want you worshiping me. I don't want you listening to me and believing just because I said it. I want you to take the initiative and say, let me just take a look at this. Let me, let me just look into this and see if there's anything that I need to be concerned about. That's all I'm asking you to do, folks.
[55:35] I'm here in a non-monetized setting. If you're listening to this, it's because I've given permission For everybody that wants to do it, they can put it up there on their Spotify, they can put it up on their YouTube channel, they can do whatever they want to do, they can monetize it, I don't care. I just gotta get it off my chest. Nothing but my genuine concern towards you is the only motivation for me to speak to you like this. But there's nobody else out there saying these things, and I'm telling you I couldn't sleep last night.
[56:11] This is what's on my mind, and I wrestled with not even talking about it at all, and it's like gnawing in my gut, like, you better say it, you better say it. It's the same feeling— I'm gonna be honest with you— it's the same feeling that I had in July of 2019 and in October of 2019 when I came out there. I was the only person, the only person that came out and said something wild, something worse than 2011 is coming, and you better get yourself ready because it's going to affect everything.
[56:46] And what happened March of 2020? The whole world stopped, and they said you can't do what you want to do, you can't do this, you can't do that, you better wear a mask, you better stay 6 feet separated. That was a beta test. That was an IQ test. That's what that was, folks. But I didn't understand why I was being pushed inside of me to say it. As I was saying it, I had no idea where that stuff was coming from, but everything happened. That same feeling is the same thing I had all night long, and I told you There's going to be a day that you're probably not going to be able to trade.
[57:31] Something's going to affect it, something's going to interrupt it, something's going to prevent it. And I told you, when that happens, I don't have an answer for that. And I honestly believe that we are now crossing that. We're at the precipice, we're tipping over right now. And because they are doing everything in our faces, almost daring us do something about it. I'm not saying uprise against your government. I'm not saying that at all. I'm not saying go out in the streets and, and do any kind of protesting.
[58:09] My question to you all is, what's your, what's your response to it all? Like, what's your response? Like, how are you going to navigate your world if they tell you you can't leave your neighborhood only so many times, so many miles in a year, or they start taxing you? Because that's what's coming, folks. It's draconian. It's worse than that novel 1984. If you've never read or listened to the audiobook of 1984, Honestly, you need to do it this weekend. That's, that's absolutely mandatory reading because while that's fiction, they're using it as an instruction manual.
[58:58] They're using it as a standard operating procedure and then doing worse. We have midterms coming up in November. I'm gonna be honest with you, I, I don't know. I don't, I don't know, man. I think what they're creating is— right now it's cold, and those people up there in Minnesota, majority of them are being paid to be there. It's already proven. It's already, it's already been proven. I know you guys, some of you people are just— you're respecting me as the mentor, so you don't, you don't say really what you want to say.
[59:38] And you don't believe what I just said. You believe that they're organic. These are people, these are homegrown people. They're just fed up with the government. They're fed up with ICE. They're fed up with this. Listen, I'm not defending ICE. I'm not defending Trump. I'm not vilifying them. I don't have a— I don't have a horse in that race. I just know what this really is. They want you and I to pick a tribe. They want us to pick a side. Because if you're on a side, you're on the chessboard, you're in the game.
[01:00:10] I'm not either one. I'm outside of it. I have objectivity. I can see it for what it is. I'm not going to be someone in the streets running around videotaping, getting up in people's faces. Like, I'm not doing that. I'm not, I'm not going to do it. My family isn't going to do that. I don't think that you should do it. It doesn't do anything but cause problems for you, and it forwards their agenda— division. My opinion, my solution is don't comply. Just don't comply. Don't make a spectacle of yourself so that way you're going to be made an example, because that's what they're looking for.
[01:01:01] They want to crush any form of opposition regardless of what— okay, let's play devil's advocate for a moment. Okay, let's say that what I think is happening happens this summer. It's really, really cold up there. People are getting paid $12,000 a week by billionaires all around the world to do what they're doing. I don't care if you don't believe me. Do the research. It's, it's readily available, and they're not even hiding anymore. They know people are so divided, they're so bent out of shape, that— and they're struggling financially.
[01:01:43] Look how, look how expensive things are. You don't have a skill set, you didn't go to college or you dropped out, you are not highly motivated, you don't have a business, and you have low self-esteem, and someone says, I'll pay you $12,000 a week to go act a fool. Oh, I'll do that. Sure, yes, who wouldn't do that? As a younger teenager, I might have considered doing that. And I'm gonna be real honest, as a younger teenager Michael, I may have done that. There was a time when I was just being a punk, and I may have done something like that.
[01:02:27] But because of my age and my maturity, I can't imagine doing that now. Even if I— even if I wasn't in the position I'm in in life right now, I can't imagine doing that. Because it just goes against everything on who I am as a— it's a— it's my character. I'm not that type of person. And I see what's going on is a form of division. And when these— I expected it during Biden, but I saw it coming in Obama. I said, we're gonna start seeing military in the streets.
[01:03:02] My kids looked at me like, you're crazy. My wife even told me like, okay, listen, you've never been political. Where is this coming from? I said, I don't even know, but I'm telling you, we're gonna see the military in the street. He gets in office, he starts making a move on the smelters— that means the people that are manufacturing ammunition— and I ramped up buying guns, and I started really building my collection then. If you don't own a firearm, I think you should have one. It's your right to have one, okay?
[01:03:31] And Even if I lived in another country where it's not so quote-unquote legal, I'd have one. I would. I don't care. It'd be buried somewhere in a hollow of a tree somewhere. It was— it's going to be where I can get to it. There's going to be a day coming where they're going to say you can't do something, and you're gonna be met with a choice. Is that in your best interest? Is that best for your safety and security? And I know what my decisions are going to be.
[01:04:07] I know what my family's decisions are going to be. But we're not going to get out there and act a fool and be part of the tribe mentality— you against us, us against you— because that's what these billionaires around the world, these Luciferians Okay, that's what they are. That's who runs the algorithm. That's who put it all together. That's what they're doing. Everything is ran algorithmically, and they're trying to run us the same way. But we are organic. We have free will. We have a decision-making mechanism that says, you know what, yeah, I'm not going to do that.
[01:04:44] There's no override for that. So how do they— how do they force that on us? Control. That's why they tax us. If they can print money and give it to other countries, and the United States just blow millions and billions of dollars every single week, they're just throwing money around, then we're overtaxed and we don't need to pay taxes. So why are they taxing us? For control. You don't listen to us, you don't pay your property tax, we'll take your home. Trump said, I want lower housing costs.
[01:05:14] Now he gets in this term. I don't want prices to go down, I want them to go higher. What, what is that? Nobody can afford the homes now. Nobody can afford the interest rates on the mortgages right now. And who's suffering? The people that aren't making any more money but their home values are going up. Wow, if I was selling my house and other people could afford it, that'd be a wonderful thing. But now what are you expected to do? You're expected to pay the state rent through property taxes.
[01:05:45] And if you don't pay that property tax we call rent, your home that you own, that you already paid for, and you paid taxes when you purchased it— we're going to take your home. We're going to give you a year to pay that money back because that's a mafia shakedown, and we're going to give somebody an opportunity to hold a lien, a tax lien against that property for the amount owed in taxes for 1 year. And if you don't pay it, they get your house for what they paid for in that tax lien plus the fees.
[01:06:20] That's a tax lien certificate. And you don't think that they're doing that to most people? They're securing a lot of properties like that. The people that are involved in the government, they do that. The lists are so hard to get. Yeah, there's lists out there that people can do it in. I've done all that stuff. The point is, the best properties, the best things, the government's doing that. And now you have BlackRock going around for the last decade or so accumulating all these houses. And now the guy from BlackRock, he's now the leader, the president of the World Economic Forum.
[01:07:01] And the new Fed chairman that Trump just tapped the shoulder of, look into where he's from. You're worried about he's hawkish, he's dovish. No, no, no, no, no, no, no, no, no. He's from the Bilderbergers. He's World Economic Forum. He's part of the club. The dude, like, we're like, it's checkmate. Okay, that's where we're at. That's what's coming. Like, they are going to put serious, serious stuff in motion. And when the weather breaks and the weather's a little bit nicer, they won't have to pay so much to get people out there.
[01:07:44] And other people are going to want to be out there because they're struggling even more. And when the fair weather protesters come out And they're in every state. It's going to be crazy. And what is everybody going to want to have happen? Because I already hear some of my neighbors saying it, man. If they start doing that around our houses, I hope they lock us down, put us in martial law, and clean up everything. What did you just say? What did you just say? You just said Institute martial law, take away my liberties and my freedoms, and take away my constitutional right and my Bill of Rights away from me and curfew me.
[01:08:30] They're creating the problem because they already have the solution in mind— martial law. And a lot of you young guys out there and young gals, you just don't see it coming. You hear an old man talking. That's all you hear. You hear somebody talking and you don't see any relevance to you. You're just trying to get your bread. You're just trying to get your bread, bro. Fools. Fools. You have no idea what's coming. Completely oblivious. Only worried about the right now, today. Have no idea what's coming down the pike.
[01:09:15] They're bringing in people from other countries to destabilize Western culture, civilized nations that don't have these problems, and now they're destabilizing them. There is a faction, a division, you versus us. Us versus you when it was never there before. We got past all the white versus the black in the country here. Is there racism? Absolutely there's racism, but not— it's not extreme like it used to be when I was growing up. When I was growing up in our neighborhood, it was straight-up racism. They hung Confederate flags off their houses.
[01:09:56] They drove around on their cars. It was hanging off the back of their pickup trucks. They made it very loud and proud. They didn't care. That's the way it was. It wasn't like that. That's why I had to hide all my friendships with my Black friends, where breakdancing came up when I was a kid, rap came up when I was a kid, and I had to hide that stuff from my family because they weren't gonna— they weren't gonna tolerate that. But I wasn't going to stop being friends and doing the things I wanted to do.
[01:10:20] I didn't give a shit. I was gonna do what I wanted to do. So I didn't listen to my mom and dad, you know, my grandparents— let's call it that way. Bottom line is, is I didn't want to listen to them. Just because they thought of that way of thinking, that means I subscribe to it. So we got past all the white and black stuff. So now what they got to do, they got to create something worse. Let's bring in an extreme view of culture, third world nation thinking.
[01:10:45] Let's flood the nations with that stuff where these people that are coming in, they're not trying to assimilate. They're gonna shit on the sidewalk. They're going to come after your people, rape them, do whatever you want them to do, because they don't have any usefulness for laws. They have no concern for being civilized. They've never been held to that standard before. So now they're coming in here, they get in all these subsidies. It's a perfect storm. And we're watching these people come in, get a free ride, get a free ride.
[01:11:21] While you're struggling just to make ends meet, they got the best healthcare. They get a free cell phone. They get money, free housing. And when they do something wrong, they don't go to prison. You drive too fast, 5 miles an hour over the speed limit, they're gonna screw your ass to the wall. All by design. Because they want you to look around and take inventory. They're getting away with murder, literally. And here you are trying to do the right thing. You pay your taxes, you don't like it, but you're doing it.
[01:12:04] You go to work, you hate your boss, you put up with fucking Carl, you're putting up with all the bullshit that comes along with it, you're putting up with all of it, but you're still doing it. On the straight and narrow, you're paying your taxes, you're doing everything legally, and they're telling you they're going to tax you more. How about fucking taking some of the subsidies away? How about that? How about a timeline that says, you know what, you're on welfare— it's gonna upset some of you, I don't give a— I don't give two shits about it because I grew up on welfare, okay?
[01:12:36] If you are trying to live off like leeches like parasites off the taxpayer's dime, and you have no incentive of bettering yourself and taking initiative to get off your fucking lazy asses and do something to make money on your own and support your own fucking kids, you're a piece of shit. You deserve nothing beyond a realistic— now what's realistic? 9 months to a year. I think somebody that was on subsidies, I think at the maximum 1 year. I think that's fair. I think that's fair. If you have another kid, fuck you, you're off, you're off the program.
[01:13:13] Forget about it. And if you think differently, go fuck yourself. You're the problem. You are the problem if you think that way. You see all these opportunities that's been afforded to everyone, everyone. And what have you been doing? If you're on subsidies, you don't want to change that. You don't want to upset that apple cart. You're getting free housing or next to nothing in terms of rent. You don't want to mess that up. And all it takes is me to vote a certain way or not vote a certain way, and I can keep mooching off of society like this.
[01:13:58] And you call that living? Wow. Wow. You sold yourself short, and you bought the whole program that they want. They want lazy mentality so that way you can think, yeah, I don't have to have a job, I'm getting all a lot of money given to me, I don't have to pay that much in rent. So think about the perfect illusion they've created for you. If you're on subsidies, your rent's not extreme even though you're getting a little bit of money. But you're getting grocery money, cell phones given to you, healthcare is covered.
[01:14:33] You got the best healthcare. You get the same healthcare that these senators have. That's top-notch. It costs me $3,000 a month to have something equivalent to that. How about that? How about that? But you think you're a king and a queen. Sitting around thinking, man, this is great, I don't want to mess this up. But you're watching live streamers proving that they can make millions of dollars a year and they ain't got to be on welfare, they ain't got to ask for a subsidy, they ain't got to worry about if they want to have more kids, can they get another tax credit for their kid.
[01:15:16] They ain't got to worry about hiding their father of their children in the household But claiming they don't know where he's at. It ain't Black folks doing this too. It's everybody— white, Indian, Chinese. Everybody knows that it's a free-for-all over here, and they've been piling them in. The stuff that they found in Minnesota, that's going on every fucking state. Every state. It's been going on a long time. Long time, decades of it, and they don't give a shit. That woman they just put in the office down in Virginia, they— she's already making legislation to protect, so there's no reason to be fearful of doing it down there.
[01:16:03] Think about that. It's crazy town. It's straight crazy town. And I know that the weaker people out there are going to get nuts over this stuff, and they're going to start doing things illegal. They're going to go out in the streets and cause a problem. They're going to harm other people. They're going to do stupid stuff. They're going to pull a 1776 moment and regret it, and regret it. They have things you're going to see this summer, okay? I'm gonna tell you right now, here's what's going to happen.
[01:16:44] You're going to start seeing the things that they have in place where they've used in other countries on other people. They have these devices where they're literally able to basically microwave you standing in the spot you're at right now. It's so much pain, it feels like you're being microwaved. It feels like you're standing on the surface of the sun. That's the kind of stuff they're going to be putting on people. Okay, they want you to understand, and the clearest way of doing that is letting people get so upset they go onto the streets, and then they will use these devices on them.
[01:17:16] And if you are contemplating joining that kind of stuff, either side of the, of the, you know, the war, whatever tribe or side you pick, it's the losing side, folks. You're not going to change anything. The outcome is what they want. You're just pawns. You're going to be used for the, the movement to keep it going, and the end result is lockdown. That's what it is. It's martial law, complete and utter control. You better do it this way, you better do it that way. And when we go to a digital currency, you can't buy or sell unless it's approved.
[01:17:55] What are you going to do then? What are you going to do? Because that's what they're marshaling us into. There's corralling us smaller, smaller, smaller into the fence, and everybody's distracted by those people are the problem. It's our governments and the, the asinine things that they're trying to implement, that their overlords, which are Luciferians, they're perpetuating these things. And you're going to see them boldly doing things in the marketplace that's going to be crazy, crazy. And they don't care what your opinion of it is. They don't care.
[01:18:47] They don't care. They're going to manipulate the market so bad, so aggressively. They're going to take the last bastion of you being able to do whatever you want to do and how you want to live because there's nothing else left, folks. Real estate used to be hot, used to be great. It's not as easy to do it anymore. There isn't a lot of people out there that have lots of money that want to buy homes with the interest rates they have right now. Most people can't even afford their, their home right now.
[01:19:20] They've been moving other members of their home— I'm sorry, their family— into their homes just to make their ends meet. I support other members because they can't keep up with their bills, and I have to listen to family members, the husbands of my family members cry to me, say that they can't support their own family and they feel less of a man. Like, I, I get it. Like, I get it. I understand that I'm the one dishing it out. I'm not complaining about it, but I see it firsthand in my own family tree.
[01:19:58] A lot of you think that I'm walking around here with rose-colored glasses and thinking, you know, he's rich, he can't see it from our perspective. You have no idea. You have no idea. If I didn't see it this way, I wouldn't be here on my Saturday talking to you, ruffling your feathers, making you think about what you need to be doing. And I'm, I'm aware I don't, I don't have the answers for it. But if you're going to be blindsided because you just didn't know it's coming It's worse.
[01:20:37] I get a lot of people all the time, you know, in the comments section, and I'm certainly going to get, you know, comments sent to me on my YouTube channel in whatever video they can leave a comment on. And they'll say, uh, you know, if you think that there's a way out of this because the way you believe, then why You know, why buy stuff? Why stock up our house? Why, why get food? Why get water? Why get extra oil filters and oil for your cars that way you can do your own oil changes?
[01:21:14] Because I don't know everything, folks. I know a lot of you really think that I have some superior intellect and I'm, you know, I'm not a genius. Like, I'm not, I'm not that smart, but I know what I see coming. And the same unction I had in 2016 when I told you Trump was going to get elected, and I want to watch and see what's going on. I want you to think about something. I, I am going to go back on my word here. And say something because I want you to understand something.
[01:21:56] In Daniel, there's a verse that talks about how this guy, this person, is going to come on the scene. He's going to have so much influence over everything and everyone, and he's gonna— he's gonna be lawless. He's gonna do whatever he wants to do. He's not going to care what anybody says. And, uh, he's already a rich person, and he's described as a stout man, and he's unlike anybody else before him. Okay, so it's— he's a different kind of a person. And his wealth, you know, he's amassed this wealth because he believed in the god of fortresses.
[01:22:31] If you do a little research on that, it's the equivalent of building buildings or real estate. And I'll let you connect the dots on what you think about that, but there's something going on right now. That people need to be aware of, okay? And it's not just a local backyard type thing, it's something global. Global. And if you can't see it, to me that's astonishing. And if you haven't made your house ready, that means, you know, start living your life beyond just what you can afford and spend money on for the likes of someone else that you don't even ever meet.
[01:23:16] You know, when you, when you see that little heart underneath people's posts on X, mine included, what do you, what are you really clicking that for? When I click it, I want people to know that I felt what they posted was either funny, it was entertaining, it made me smile, or they may be reaching out because they just want some, like, a, like Just give me a moment with you because I have respect for you. Do you see me? Do you see me talking to you?
[01:23:46] Because I don't ever see you talk to me. And I know sometimes people just want to have a connection like that, and I'll put a little heart on it. That's not for you to go out there and say, ICT, you know, Michael, he, he replied to me with a heart, and then make a big to-do about it. That makes me uncomfortable because I'm just a person. I'm not a celebrity. I'm not special. Okay, so it kind of ruins the whole thing when you do that. That's why I don't like to do a lot of the things that you want me to do in this relationship between mentor, influencer, and someone that's interested in the person being that individual, namely me.
[01:24:21] But when you press that heart button or that like, what are you hoping to get out of that? So I'm going to tell you from the perspective of an influencer, someone that's got a large following. There's a lot of people out there that will do pretty much anything to get to where I'm at because I can sell my name, I can do affiliate marketing, and I could be making millions of dollars every single month. And I turn them all down. No one has— no one has an affiliate with me because I don't want to be owned by anyone.
[01:24:54] I'm not an employee. I don't want anybody having control over me. God has control over me, but that's it. And I sometimes I wrestle with him and I have to repent and just like, I'm gonna be done with this. I said words I didn't want to say when I first started. But when I get— I'm emotionally attached to a lot of you because I know beyond just your screen name. I know a lot of you now. I haven't had dinner with you, but I've heard your life story.
[01:25:19] You've communicated with me over a number of years. You've kept in touch with me. I, I, I've seen your face. I've seen videos where you literally sat down with me with your family weeping and telling me that you've gained a measure of lifestyle struggling through what you learned from me, and now you've attained something, and your family's proud of you. You're proud of yourself. I'm proud of you. I have a connection with a lot of you, okay? And those things are not— you're not— of you that don't know that or don't see those things, you're not entitled to that.
[01:25:49] That's my reward. You didn't do anything to earn those testimonies. That's just for me. Me, my wife, my children, we get to watch these people share their life with us in a, a safe way where they feel comforted that I'm not going to go out there and blast them out there and say, look at this, this is what they did. I have so many other successful students that just don't want to be in the limelight. They don't want to be out there in as a spectacle.
[01:26:16] But for the people that want to be like that, and when you're aspiring to do those types of things, when you're liking my posts or liking other people's posts, take a moment and think about why are you doing that? What's the motivation behind that? What are you hoping that you'll gain from doing it? What's the, what's the return on that investment of you pushing that little button? What's, what's going on? I'm going to tell you from this side of the influencer, okay? 90%, if not more— I, I've often thought about doing this, you know, but it just feels— I don't know, I, I wouldn't be received the right way.
[01:27:01] But this is— I've always thought about how I could go on my YouTube channel and go into the comment section, because you can comment on my videos you see your comment, but you don't see anybody else's comment. But I see everyone's comment. I see everybody's comment. I read every single one of them, and I do it 2 times a day. I'll do it in the morning once I get caught up. I'll go through and read them, and then before I go to bed, I usually go through them again.
[01:27:26] And it's listed by the most recent one, so I know where I cut off from the morning and where the other ones ended. Most recent comment. And I don't like them because you can't see it. It has to be allowed to be posted to the channel, and sometimes YouTube lets one or two comments get through. I don't let them comment. I don't let those comments go on there. But there's one on the most recent, uh, livestream I did, one comment. It's this little flame. The guy's doing like it's fire, right?
[01:27:54] I didn't, I didn't authorize that. Like, I didn't allow that there, but it's there. Okay, so when I take that away, don't be offended. I just want to be continuously doing the same thing. I didn't put that there for other people to like it, but other people are liking it too. But my question is, is what do you think my opinion of all of you are when you like my post? Because this is what I see as an influencer. I want to know if you resonate with what I'm doing.
[01:28:24] I am not looking for you to puff me up and worship me. Every other influencer out there wants that. Some of them are my students, and I get it. But I want you to understand this: if you're not content with your own success and you need other people to fluff you up because of likes, because of talking about you, what's it really going to take for you to be content with success? If you're making millions of dollars, and some of you are, and you're still out there looking for validation, why?
[01:29:01] Why are you doing that? Why can't you be thankful, appreciative, and content with the success that you're having right now? Like, you need everybody constantly blowing smoke up your ass? Is that what you really need? Like, is that what you need? Because a lot of you young people, that's what you think that this is all about. You want to be looked up to because you think that status of significance is greater than just being successful and not needing to go to work because you can carve out your own paycheck.
[01:29:32] And I'll say it in plainer terms: you're so down and out and miserable and depressed right now, your sense of self-worth is so low that even if you were making millions of dollars a month You would not be content because you want others to see you as worth it. That's what you want. And I'm telling you, as someone that's gone through that whole thing, that never gets satisfied. There's never enough likes. There's never enough attention. There's never enough pomp and pageantry around you as a, as a, as an entity online, as a personality.
[01:30:19] There's never going to be enough if that's what it's all about. You're never going to be satisfied. You're never going to be happy with that. So don't start there. When I did that Ends playlist on YouTube, I was hoping— and I, I get a lot of feedback on that playlist from the videos. They're like, they're the most wholesome comments out of all of them. Out of all the videos I've ever posted, the most down to earth, the most appreciated by me as the author of it, you know, producing the content.
[01:30:50] They're the most heartfelt and sometimes tear-inducing because I can feel it when you sit there and you tell me that, you know, this, this really makes sense. Like, you stripped it down to I don't have to worry about making a lot of money because now when I thought about it, I never thought about just just paying my rent with this, and that's all I got to start with. If I start, it makes it easier. And then 6 months later, they come back, look, I'm doing it, and I have enough money to cover the entire year of rent, and I'm now saving for a down payment on a house, and I'm doing this and I'm doing that.
[01:31:22] And it's so much better because I was putting so much emphasis on needing to do bigger and better than I needed to. I got caught up in all this stuff. I gotta make trades like ICT. I gotta make this much money as this person over there, or I'm not winning. I'm not succeeding. And to me, that's unfortunate. And I'm thankful that I did that, that playlist, because it allows people to have a realistic beginning point and not place so much emphasis on being superior right from Jump Street, right from the beginning.
[01:31:51] Having a very realistic approach to where you're going to start and where you're aiming for first. Not, I want to make a million dollars, I want to make millions of dollars, I want to you'd be super rich. Of course, that could be a byproduct of everything, but that, that shouldn't be the number one milestone. Like, that's the first rest stop in, in your pursuit. Nothing is good enough until that. That's not good. And I'm saying these things because I want you to know going forward it's going to be harder.
[01:32:23] And it doesn't sound encouraging. Usually I come out here and I Rabble-rouse and get you all worked up and get you pumped up, ready to run through a wall because you're like, man, I'm gonna do it, I'm gonna do it now. I want you to just be aware that we now crossed the Rubicon, and it's going to be— we're never going back. Let's put it that way. We're never going back to regular. That's obvious. And they have so many things in place now they're going to make a run on everyone that's making money by their own efforts in the marketplace.
[01:33:02] And they've already contemplated taxation on unrealized profits. If you've never heard about that, do research on that because they're trying to get that going too. That means you got to pay taxes on positions you haven't even closed out yet. Now I'm going to say this in closing. Imagine you, you were long silver from 55, 64, 75, 86, and you ran all the way up above 102. And then they had laws in place, legislation in place that says, um, it's time for you to pay taxes on those unrealized gains right now, and you paid the taxes because you want to be a law-abiding citizen, you don't do anything wrong, and silver did what it did.
[01:34:01] You don't see a problem with that? Because that's what they're trying to do. That's what they're trying to do. So you'll pay taxes on losses. You don't think you're going to be driven mad with that, going crazy, losing everything, not being able to pay for your mortgage anymore or the property taxes on it so BlackRock can come in and scoop that up too? 2030, you're not allowed to have private property. Research that agenda. It's a World Economic Forum agenda. That means every nation is walking in lockstep to get that stuff going on.
[01:34:47] Do not believe there's a couple countries— no, no. Just like they have the tribe mentality in our streets right now, in our countries, there has to be quote-unquote opposition countries. Otherwise it's not as effective of winning over the thoughts and minds of others. We see— I can't go and say, well, I'm going to move to Russia. I'm not doing that. I'm not thinking to myself, I'm going to move to China to avoid this. No, I'm not doing that either. I'm not, I'm not looking at other countries and saying there's a better country because it's going to be everywhere.
[01:35:22] It's going to be everywhere. But my question I wanted to raise to you is, you know, what's your thoughts? Because I'm sure some of you are smarter than I am. You're gonna, you're probably gonna have some ideas I, I don't have yet or probably never will. As a response to some of these things if it came to your front door? You know, if it, if it ends up happening in your country, in your neighborhood, in your, you know, neck of the woods, if you will, how are you going to work with this?
[01:35:48] Like, how are you gonna, how are you gonna combat it? What, what type of, uh, response are you going to have? What happens if trading is taken away from you? Maybe not forever, but let's say for a length of time that you're going to feel it. What would you do in that situation? What happens if you can't make ends meet for 6 to 9 to 12 months, or maybe a little bit longer than that because of the disruption? What are you going to do in that situation?
[01:36:21] I mean, you're making money right now with your job, you're making money with your trading, you're making money with your affiliate codes. Wonderful. I'm thankful, and I hope in Jesus' name that you have more of that. But what happens if it gets disrupted for a length of time? Do you have enough in your house that would keep you sustained for up to a year? If not, why not? Because it doesn't seem Reasonable. There's too many other things that's more fun to share on the internet. Look at this car I just got.
[01:37:05] Let me just unveil my car. Look at this. Put some hearts underneath my post. Let me get some engagements. Here's the watch I just spent too much money on. Here's the shoes I just spent too much money on. Here's a Pokémon fucking card that I just spent way too much money on. That's where we're at, folks. What's those things? What were they called? Oh, it's escaping. Help me, Lord. NFT. NFT, I think it would— I don't know, something. These, these pictures, and people were stupidly buying these things.
[01:37:48] Like, like it was a signed Babe Ruth card. I was telling my sons, I'm like, I remember when you guys used to be in, uh, Yu-Gi-Oh and Pokémon. Like, let me tell you something right now, if Caleb would have had every one of his cards still today, there's no telling how much money he could have sold that stuff for. Like, he had binders full of stuff. He had every card. Every other day he's like, Dad, what can I do around the house to earn some more money so I can get another pack of Yu-Gi-Oh cards?
[01:38:23] Okay. And he did the same thing with Pokémon. He had binders of these things, binders full of them. And like, I don't know anything about them. I have no idea. Okay. But he literally just threw them all away because we moved from home to home and, you know, moved around this and that. You just throw them away. He said, I'm outgrowing them, throwing them away. Now some of you probably thinking, oh man, you probably gotta, you know, this, that, nothing. Who knows? But to me, if you don't have your house well prepared for disruption— okay, what does that mean?
[01:38:56] You're making money on your affiliate stuff, you're making money off of your trading, you're making money off of your mentorships. Hello? And you're not doing anything to fortify your house for at least 1 year— non-perishable food, fresh drinking water, filtration systems. If you're on natural gas, get some propane tanks and get a, a home generator that'll, that'll run off-grid. So what, you may be in an HOA and you're not allowed to do rain collection? I'd still be doing it. You can bury those things in the ground and set your rain spout up to go right down inside those 50-gallon drums.
[01:39:38] There's a way to do it, man. There's a way to do all these things. Like I said, there's gonna be times when you have a choice. You can follow the rules, or you can do what's best for you and your family. And we're getting real close to that right now, everywhere. And you need to have a way to defend yourself, because what happens when this stuff that's in Minnesota or in other countries, and it's marching down the street, and they don't think like you think, and they don't care how you think they should act, and they're going to do whatever they want to do.
[01:40:11] Do you have a way to defend yourself? I'm not saying go out there looking for trouble. I'm saying if it comes knocking to your door, what do you have to respond to that? If you don't have something, you might want to take some time to procure that. So why did I have you come in here today and listen to me? Number one, I wanted to tell you that silver was a controlled demolition because they don't have the silver. They don't have it. And it was a big cash grab.
[01:40:46] It was still algorithmic. You can go and look into price action. It's everything I taught you. I told you to take some profits off the table because it's at the right time, it's the right price, it's the right phase of the whole thing. And it would be uncivilized for you not to have taken some profits. I'm not touching it anymore. I'm not touching it. I'm not touching it anymore because now it's proven it's a rattlesnake. And I don't care if it goes up to 300. I don't care because the next time they pull this, it's going to be like euro and Swissy.
[01:41:24] One second it's here, the next it's not. And I've been saying this, that's what's coming in these markets. That's what's coming in the currency markets. That's what's coming in the index markets. That's what's coming in every asset class. Why isn't your Bitcoin going up? I thought this stuff was, uh, you know, independent. It's the answer to fiat. What's, what's going on? Why didn't it run meteorically up with gold and silver? Think about it. It's not what you said it was. It's not what they pretended it was.
[01:42:06] It's, it's struggling right now, and it— this is the time. This is the time it should be doing everything that it told the world it was going to be. So no to the guys in 2015 I was talking to, and they were begging me, please, Michael, buy Bitcoin, buy it, you're going to be so thankful. No, I'm not. I'm not touching it. And I'm not regretting any of that. I'm not forgetting any of that. Gold and silver, that's fine. I'm good. Trust me on that. I'm good.
[01:42:39] I don't need to worry about that. Okay, but I can tell you this, I'm not touching metals now. Hands off, I'm not touching them. So I know a lot of you want to know what my outcome is, what my expectations are. I have no comment. I said enough to know what my view on it is now. I don't care if it goes up, I don't care if it goes down. If it goes down, it's going to be like, well, I'm glad, I'm glad I'm no longer at risk at this anymore, and I didn't hurt anybody with an expectation on it.
[01:43:10] I'm telling you, I'm absolutely 100% neutral on metals. Can they go higher? Sure they can. Can they drop? Sure they can. Am I going to tell you what I think is going to happen? No, because I don't want any of you getting hurt. Can you, can you appreciate that? Can you understand why I said what I said there? I'm not trying to straddle the fence. I'm not claiming I'm going to be right about anything on the end of this conversation about where metals are going to go.
[01:43:37] I already called— I already told you years ago where it was going to go. I told you last summer where it was going to go, okay? I told you that silver was going to outperform it. It did. It just straight on up. Can you appreciate me talking to you this way? There's no ego here. I'm not trying to sound smart. I'm not trying to say I told you so. I'm not going to tell you what I think is going to happen in metals because I'm going to tell you plainly, I I at this juncture don't know.
[01:44:07] Can you appreciate honesty? Can you take it at face value when I'm being honest and telling you if I don't know something, I'm going to tell you? Can you appreciate that? Because there's sometimes, as I've told you in the past, if I don't know, I'm going to tell you. And that's where we're at right now. We have seen that snake show its fangs. Now you know 100% manipulation's off the charts in the metals. So now they're going to punish everybody. You're going to see wild price swings all over the place, okay?
[01:44:48] And if you're offside, you can get hurt. So respect that risk. Respect that. Don't think, well, you know, no, because you're going to be sending me emails like I get all the time. I wish I would have listened. I just blew all my accounts. I blew all my money. Can you send me money? No. There's your blanket response. All these people around the world asking me, oh yeah, I was in crypto, I should have listened to you. I did this, I did that, I traded this, that.
[01:45:17] I was in natural gas, this went cut in half. First of all, I didn't tell you to do those things. And no, I'm not going to pick up your mistakes and pay for them. No, you have to learn for that. I'm not, I'm not paying for other people's mistakes. When you sign those risk disclosures, when you open those accounts up, you assumed all the risk. So don't ask other people to subsidize your mistakes, your poor execution, your poor decision-making. But I'm, I'm curious, what do you as a community— you don't have to, you don't have to trade my stuff.
[01:45:57] I'm asking anyone that has an opinion because I'm genuinely interested. Like, I'm genuinely interested in what other people's views are regarding this because it's not just trading, it's in response to if trading is taken from you. What types of things do you already have in place, or would you implement as a, as a solution, or at least some way mitigating some of the pressures off of you and your family's needs that trading right now is meeting? Like, what would that be for you? So with that, I'm going to leave you with that question, and I'll ask you to share however you want to share it, and plug in.
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