On the very first episode of The Adam King Show; host Adam King and his stellar "Stocks And Crypto" panel of guests ~ host of Money with Mike Michael Bardi, and crypto legend John Devine to discuss the future of stocks and crypto focusing on several nice up and coming plays in the markets while making fun of todays world around us.
On the very first episode of The Adam King Show; host Adam King and his stellar "Stocks And Crypto" panel of guests ~ host of Money with Mike Michael Bardi, and crypto legend John Devine to discuss the future of stocks and crypto focusing on several nice up and coming plays in the markets while making fun of todays world around us.
THE ADAM KING SHOW | ENTERTAINMENT FACILITATION AT IT’S FINEST!
The Adam King Show is everybody’s favorite place for news and commentary, the most interesting guests on the planet, humor, arts and culture, spirituality, motivation, business, technology, cannabis, alternative health, ground breaking stories, and just plain old fashion fun.
Every week host Adam King sits down with the most exceptional panel of guests ever assembled, some of which can only be found here on The Adam King Show, to talk about the most current and relevant news of the day.
With a background in diplomacy and government relations, Adam offers unique insights into the world around us through a tremendous amount of experience and relationships.
Adam is a world traveler, an entertainment facilitator, project advisor, and activist for many causes, and an education reform leader. He's a thought leader and activist in the Southern California area. Adam ran for public office and serves on the boards of various philanthropic organizations.
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00:00:05:01 - 00:00:24:23
Adam King
All right. Welcome, everybody, to the Adam King Show. We have a really amazing show for you today with three great guests on a panel. But before we get into our panel, I want to go over some headlines here with rock. Obviously, rock. The day started when we found out that the queen has died. I saw you saw that, too, right?
00:00:25:08 - 00:00:27:00
Rock Breath
Oh, for sure. For sure. Who hasn't?
00:00:27:03 - 00:00:36:14
Adam King
It's all over everywhere. I'm surprised that they did that. I didn't. I thought that they were for sure. They're just going to peel her, her her skin back and put it on another lizard.
00:00:37:01 - 00:00:50:08
Rock Breath
But my thought is that them that the queen had to die in order for the king to rise. So welcome to the world of podcast. The Adam King Show. Adam King.
00:00:50:19 - 00:01:20:06
Adam King
And also, let's remember that Prince Andrew is now the little bit closer to the throne. Also in news today, NPR slammed Biden for meeting with historians because they were all white. I don't know if you saw this one. I didn't see that one, yeah. NPR met with historians to go over some historical files related to the White House, and all of them turned out to be white.
00:01:20:12 - 00:01:35:05
Adam King
NPR ran a story on it, a hit piece that Biden is meeting with all white historians. It's really a big problem to many white people to get rid of his wife.
00:01:35:06 - 00:01:36:19
Rock Breath
While they're trying to figure out how to.
00:01:37:01 - 00:01:37:05
Adam King
How.
00:01:37:05 - 00:01:42:15
Rock Breath
To erase themselves from history is what they're doing if they're working for the Biden admin in any way.
00:01:43:01 - 00:01:56:08
Adam King
Exactly. 3rd in News Rock. I heard that Trump says his presidential announcement is imminent. The hell is he waiting for? Well, he's done it already.
00:01:56:08 - 00:02:05:21
Rock Breath
I mean, without telling the public and just appearing in all these venues over the last year. He's made it perfectly clear he's running for president again.
00:02:06:01 - 00:02:08:15
Adam King
We know he's running for president, of course.
00:02:08:15 - 00:02:22:14
Rock Breath
And then when we look at these this last rally that he had and the amount of people that were there and support and how, you know, I read articles of kindness towards the left at all of their showings there. How could he not win?
00:02:23:09 - 00:02:52:14
Adam King
Well, he's going to he's definitely the pink elephant in the room. But I'm kind of shocked myself that he hasn't announced yet with all this FBI stuff going on. Well, you know, forth in the news that I see today, Infowars is battling for the top spot on Rumble. Alex Jones is winning the rumble discussion. Rumble is now reaching 78 million views users a month with over 100,000 followers.
00:02:52:14 - 00:03:09:00
Adam King
Infowars is competing for the top spot. Listen to this name against who they're competing with. Sticks, hex in a hammer. Six, six, six. I don't even want to watch that rumble, Mike. What kind of hellish curses are they doing? The people there.
00:03:10:05 - 00:03:17:10
Rock Breath
You know, when. When you have to use the devil in order to try to attract people, you're definitely hitting hard on the wrong side of the block.
00:03:17:23 - 00:03:41:06
Adam King
That's how people are going to stay with the relevance of the queen now is they're going to go full rogue devil worship. And last in the news that I see Carrie Lake, when asked if she would be Trump's running mate, snaps at reporter and says, I am running for governor of Arizona. You know, I love this woman, Carrie, and I think we all should get behind her.
00:03:41:08 - 00:03:51:24
Adam King
She's just that's the type of leadership we need in the party. I don't even know if it's Trump or DeSantis. I think it might be a combination of Carrie Lake and MGP and an MJ team.
00:03:52:16 - 00:04:11:16
Rock Breath
Well, you know, it's funny. I was in Arizona for eight years. I currently have an address there. I watched Carrie Lake as she kind of went through her television career there and could see how definitely she would be a candidate to run for pretty much any position in the state. But if she's going to run for governor, she's got my vote.
00:04:11:20 - 00:04:13:06
Rock Breath
I mean, there's no question about it.
00:04:13:20 - 00:04:42:00
Adam King
She's she is, I think, out of the bunch of running for governor, her mastriano these two. We've got some unbelievable future leaders for sure. I'm really excited to see what happens in Arizona. I think it's amazing that Katie Hobbs still has and still declines to debate. Carrie and I would, too. Man carries a skull crusher. She's. She's going to take out our enemies.
00:04:42:09 - 00:04:45:09
Rock Breath
Sure. Her career gave her the ammunition.
00:04:45:12 - 00:05:18:24
Adam King
Exactly. So she is the Carrie like from the news. The news anchor, right? I knew it. I was always wondering, you know, but she's got that fire. Yes, she does. Anyways, on that note, we are going to bring in our guests. So I am going to admit them all into the room. Say goodbye to rock. And on our panel today, we have three really amazing people hailing from Ireland all the way out from the island.
00:05:19:12 - 00:05:30:00
Adam King
John Devine, crypto trading expert. And we have Mike from Mike's Warriors and the Money with Mike podcast. Michael Bardi.
00:05:30:23 - 00:05:32:11
Micheal Bardi
Guys. Glad to be here.
00:05:32:15 - 00:05:42:01
Adam King
Last but not least, New Jersey, New York Lawyer, gone, thought leader, day trader, stock and crypto investor Cassandra Fishkin.
00:05:43:04 - 00:05:43:20
Cassandra Fishkin
Hi, Everyone.
00:05:44:05 - 00:06:03:09
Adam King
So now that we're all here, I kind of want to direct the first question to to John since we all saw the Queen KROQ over today, John being on the island, what's the vibe? What's going on? You told me earlier your Facebook was blowing up with the funniest names that I'll put up on screen later.
00:06:03:09 - 00:06:10:05
John Devine
But what's yeah, a lot of a lot of anti queen sentiments there and yeah I don't actually repeat.
00:06:11:15 - 00:06:12:24
Adam King
You could yeah. Go for it.
00:06:13:24 - 00:06:31:05
John Devine
There was one video shared by someone on a football game. Sorry. Soccer and, and, and they were singing a song. There's is in a box in a box set up on the. It's disrespectful. It was, it was quite funny to hear a crowd of like 20,000 people shouting that.
00:06:32:02 - 00:06:51:16
Adam King
You know, I've been to Buckingham Palace. I think it's one of the most offensive places in the entire world. Around Buckingham Palace is literally a pillar for every nation that they conquered and every person that they oppressed whose golden treasures they stole and so we shouldn't feel bad when the blood of our enemies is still. What do you guys think about it?
00:06:51:16 - 00:06:55:14
Adam King
Cassandra, what's your take on the whole death of the queen?
00:06:55:17 - 00:07:18:04
Cassandra Fishkin
I think good riddance. I think it was probably couldn't be better for the world. I mean, you see how many nations and countries that were under the thumb of the monarchy in recent decades were trying to escape her control anyhow. So I think it does really, truly marks a change and a big shift in global politics. I'm very curious to see what the coming months will come and, you know, say goodbye to the reptilian queen.
00:07:18:04 - 00:07:20:01
Cassandra Fishkin
I'm only too happy to be in Cleveland.
00:07:20:01 - 00:07:27:00
Adam King
Right. It's funny, the whole Internet is ablaze with the reptilian talk. Everybody knows that the reptilians are out of the basket, you know?
00:07:27:00 - 00:07:30:15
Cassandra Fishkin
But all my favorite memes are the ones of Diana waiting at the pearly gates.
00:07:30:15 - 00:07:44:22
Adam King
So it's crazy. Oh, yeah. And it's. Here's a question for you, Cassandra. What do you think, Charles? Did he ever PJ out to Epstein's island with his brother for a weekend getaway? Yes or no?
00:07:45:09 - 00:08:03:09
Cassandra Fishkin
Probably on his own. PJ So he wouldn't be on someone else's flight logs. You know, some some some of them have a little tact, I would guess. The, you realize that the flight logs would become this public. And so obvious to those of us who are privy or have a clue to what was happening out there in the Caribbean.
00:08:03:09 - 00:08:18:12
Adam King
The invitations to the Epstein's party, you know, like everything is BYOB. There's this boy, see? Bring in your own children. My, like, what's your take on the queen? What did she impact your life at all? Was she a good force or bad for what is she to you?
00:08:19:01 - 00:08:32:03
Micheal Bardi
I think she's stuck in a time of everybody else. We need something good to look at, you know, like we've seen those old hags here and there. And then all her stooges standing by guard. That is some change going on.
00:08:32:18 - 00:09:01:05
Adam King
You know, guys, I was thinking about it today, actually. And one of the things about being a monarch and a sovereign is that you have the ability to part in life and take life. And in looking at the situation with Diana, you know, a queen and or a king, it's almost guaranteed that they've killed more than just Diana.
00:09:01:05 - 00:09:19:02
Adam King
And and I say good riddance. I think it's time that we you know, I feel bad and people out there on the island like you, John, I mean, how many generations have seen British rule dominate dominate their their entire lives?
00:09:19:23 - 00:09:39:01
John Devine
Yeah. What was it like 700 years or something like so like that's how many generations is that. And I do remember growing up, growing up having a really it looked like a default hatred for the English just because of the history and stuff. But then we learned about the famine in the textbooks and hold on, there wasn't a famine.
00:09:39:01 - 00:09:47:16
John Devine
It was actually ethnic cleansing by the English. They tried to they they tried to like basically not help. We were in trouble. They didn't help.
00:09:47:16 - 00:09:54:05
Cassandra Fishkin
Our the Irish. So sorry. Tried to starve the Irish out of existence pretty much.
00:09:54:15 - 00:10:11:01
John Devine
But actually was in a in a way logistically speaking it was a good thing because the load of Irish emigrated over to America and Australia. So there's about 50 million Irish like Irish nationals across the world now because of that as well. So.
00:10:11:12 - 00:10:39:12
Adam King
And John, what do you think is going to be as a result of this in Ireland? Do you feel that Irish people are going to be testing their limits to see what type of new independence they might be able to get against against the the sun? King Charles? Or is it or do they feel that the the British crown is going to be pushing on them and trying to limit them?
00:10:39:12 - 00:10:48:01
John Devine
I don't know if there's actually going to be any change. And to Charles was it was he was good friends of those supporters.
00:10:49:02 - 00:10:50:16
Adam King
Epstein Jeffrey Epstein.
00:10:51:07 - 00:10:54:24
John Devine
Epstein was one of them. And boy, Jim affects Jimmy Savile.
00:10:56:02 - 00:10:56:05
Cassandra Fishkin
Back.
00:10:56:10 - 00:11:15:19
John Devine
Door. Everything all came out when he was when he was when he died, everything came out what he did, you know, and Charles was good friends with him. So I don't know if I even trust Charles at all. Like like his son, William. Now, I thought he was actually okay. Probably leave the country better. I do think they need a younger.
00:11:16:16 - 00:11:18:18
John Devine
Well, didn't need a monarch at all today.
00:11:19:08 - 00:11:21:06
Adam King
That's the real question that we need to.
00:11:21:06 - 00:11:24:24
John Devine
Get the details on thing like this morning after 70.
00:11:26:19 - 00:11:27:12
Adam King
What was that like?
00:11:28:00 - 00:11:30:23
Micheal Bardi
He's like 70. We need someone way younger than Charles.
00:11:31:14 - 00:11:31:24
Adam King
Yeah.
00:11:32:22 - 00:11:43:14
John Devine
Totally. Well, this was in their sins, Jim, the third, 1953, when my dad was two years old. That's how long the queen has been in. And therefore.
00:11:44:19 - 00:12:18:15
Adam King
You know, it's actually quite, quite crazy when you think about it. And really, this family has been there for almost over a thousand years, almost a thousand years, and they have had time to hide their little treasures. And and, you know, when we're talking about, you know, and this is a show on crypto in the market, but, you know, it's almost so relevant because the amount of manipulation that these people that this family has had over the world economy and the banks, these are these are very interesting times we're getting in.
00:12:19:11 - 00:12:49:01
Adam King
And on this on this show, I also wanted to cover some of our well, obviously, there's a business show we're going to get into stock stock tips and stuff like that. And I wanted to cover corruption. It's almost inevitable that we're going to have to talk about the amount of corruption that is perpetrated through the world, through the Commonwealth, and the amount that this family has inflicted through their kind of dark state empire.
00:12:49:01 - 00:13:09:06
Adam King
When we're talking about American Deep State is none other but the Queen. So hell, good riddance to the lizard Queen and may her tail not grow back this time. All right. We're going to get into stocks now. We're going to pivot because that's the purpose of this show. So I want to start with you, Mike. What what are your top picks?
00:13:09:10 - 00:13:19:09
Adam King
What's going down? What do you see happening in the next this week, short, this coming week, short term and in the coming months?
00:13:20:03 - 00:13:52:00
Micheal Bardi
I think we'll actually going to start recovering a little bit from here based on the past few days of where this spy is headed. One of my really top picks right now is going to be for sure and they are after the ship news with like the US banning ship sales on in video and and those stocks just like plummeted and finally we can see like a little bottom starting up if you want I could start showing my screen let's see.
00:13:53:07 - 00:13:54:13
Adam King
Oh yeah, yeah.
00:13:56:02 - 00:14:15:17
Micheal Bardi
I personally I like to find where the bottoms are on like specific stocks amd on stock charts dot com you guys want to check it out and as we could see several times the bottom comes in and it's it's very quick with AMD like you see like a quick drop and then it tends right back up until it finally shifts all the way back up.
00:14:15:17 - 00:14:20:06
Micheal Bardi
And we, you see that little pattern forming again on AMD.
00:14:20:06 - 00:14:23:01
Adam King
I mean, it looks just like a swing trade. It doesn't look like.
00:14:23:01 - 00:14:37:20
Micheal Bardi
It's a spring break. I personally like swing trades. I'm more of a swing trader myself. That's definitely something if you're looking for the next few weeks to old, AMD would definitely be one of them. Another one I got is.
00:14:37:24 - 00:14:43:19
Adam King
Before you do that. Cassandra, what do you think about that? Andy, would you swing trade that? I know you're trading options right now. Yeah, I've.
00:14:43:19 - 00:15:01:20
Cassandra Fishkin
Been playing a bunch of options on AMD and actually played some this morning and hit the win. So I think AMD has a lot of valuable price movement and there's a huge amount of volume typically in that stock, in particular in the options sector in terms of the contract volume movement. So I'm a fan.
00:15:03:05 - 00:15:04:16
Adam King
Okay. What do you got next for us, Mike.
00:15:06:01 - 00:15:30:08
Micheal Bardi
Then if you're an option trader, I'd go mostly with the spy itself and I like to do the four stages that the way I define four stages, we got like a stage one, like a bottom forming stage. Do you get your breakout? And then stage three you get like your tops and then decline right back down. I think we're starting to form a bottom line on the spine.
00:15:30:09 - 00:15:33:04
Micheal Bardi
You can do some call options coming up within the next week.
00:15:33:21 - 00:16:01:11
Adam King
See, I disagree with you. I think we're heading into a collapse till at least now after November. I think it's going to be a downward spiral. And the crypto markets I really feel are going to affect the fact this heavily. There was a tweet here. Let me share this with you. A a tweet that we just had was one of the large Bitcoin holders.
00:16:02:13 - 00:16:03:15
Adam King
Let me put this.
00:16:03:19 - 00:16:05:14
Micheal Bardi
Michael Sawyer is getting crushed.
00:16:06:12 - 00:16:12:14
Adam King
Yeah, well, I mean, they're liquidating. Everything that they're doing right now is for liquidation strategy.
00:16:13:13 - 00:16:34:09
Cassandra Fishkin
Really relevant or not? There was also the government news, the political news that the executive order report that came out from the White House regarding proof of work versus proof of stake consensus, and that they're trying to or they're saying that proof of work is horrendous for the environment, which is obviously what Bitcoin and current Etherium rely on.
00:16:34:09 - 00:17:01:03
Cassandra Fishkin
And when a theory is to always release, which is supposed to be in the I know the date dates have been kicked off a few times, but I know that there's a merge happening in the coming weeks in as the 2.0 is supposed to be released maybe some time around November. My understanding is they're shifting to a proof of stake consensus instead, and that's going to make them reduce their electricity use or power use by about like 90 to 95% and make it a much more efficient crypto investment.
00:17:01:03 - 00:17:07:08
Cassandra Fishkin
So it may be that Bitcoin is out the window for many reasons, including the supposed environmental wokeism.
00:17:08:12 - 00:17:32:06
Adam King
So I confess I feel that I want to throw up this. You guys see the quote on the on the, on the screen here, optics. Sometimes there's a chart that just blows your hair back. In 22 years of doing this none stand out like this one last week. Institutional traders bought 8.1 billion worth of put options. They bought less than 1 billion in calls.
00:17:32:12 - 00:17:49:09
Adam King
This is three times more extreme than 2008. And you see here in the chart at the very bottom, last week's panic hedging was three times more extreme than 2008. Mike, with that type of information, how can you say that things are going to improve?
00:17:50:10 - 00:18:06:22
Micheal Bardi
Oh, for me, it's short term. I don't think it's going to recover all the way. It would be like a 1 to 2 week. It's like two day options on this fire like that. So you can go along here. There's no way I would ever go long here.
00:18:07:05 - 00:18:10:23
Adam King
You're going short long term. You're going short on line.
00:18:10:23 - 00:18:11:19
Micheal Bardi
Like short term.
00:18:12:12 - 00:18:17:13
Adam King
You're doing just swing trading. John, are you planning any stocks at all or are you just messing with cryptos?
00:18:18:01 - 00:18:26:02
John Devine
No, not at the moment. I've actually been over completely analyzing it. I had a few things come to play, decided to take all my money out of the market.
00:18:26:02 - 00:18:53:12
Adam King
You know, that actually was my position, too. I removed all my cryptos. I, as you all know, you know, we're all part of the same trading groups. I was heavily invested. I had a very nice portfolio spread out across a vast section of cryptos and stocks. I'm still holding onto a few bags of stocks right now. I'm still holding on to ACR because I've been there fanboy forever and it's the worst thing that I've done.
00:18:53:19 - 00:19:15:13
Adam King
I'm very upset with this. TR Brian Kemp is is a horrible CEO and I just don't think spaceflight is going to go anywhere during the Biden administration. Anything extra like that is, you know, these are the essential workers type of people. But in crypto, like you, John, I actually pulled all my money out of the market because I just don't see success on the horizon.
00:19:15:24 - 00:19:51:17
Adam King
And I'd like to show you guys another another screenshot really quick this there we go. One of the biggest Bitcoin whales with overt crypto shout out to crypto. Zenko One of the biggest Bitcoin whales with over 200,000 BTC send all of their coins to exchanges, meaning they're going to be liquidating. I'm 90% certain this is Michael Saylor's Bitcoin address and they're planning to sell everything when he soon sells this.
00:19:51:20 - 00:20:14:12
Adam King
Expect a bloodbath like we've never seen before. Looking at the crypto, I actually had a dream the other night where I feel like I saw this. There was some short term gains followed by massive, massive dumping, and I think we're imminently away from the dumping. What do you think about that, John?
00:20:14:12 - 00:20:40:03
John Devine
And I'm not too sure. And to be honest and terms of the last thing you said about the the better options that are there compared to 2008, we also have to remember the massive amount of volume of stock trading since 2008 two. I don't know what level that is, but I'm sure it's over three times. So maybe in perspective terms as a percentage, it's probably not as severe as they set on that.
00:20:41:19 - 00:20:51:00
Micheal Bardi
The whole thing will be. That severe will definitely have like a huge drop. But I think we're people will jump right back in and buy it up again.
00:20:51:20 - 00:20:55:18
Adam King
You believe that even with the elections on the horizon? Yeah.
00:20:56:13 - 00:21:13:24
Cassandra Fishkin
Because it's going to be a lot of buyer action. Doesn't necessarily mean that it's going to cause price to improve or the overall market to improve in the market. Look at charts. The market's been sliding down slowly since last year. It's just it has Booboo, you know, but the overall market trend has been downward for quite some time.
00:21:14:12 - 00:21:14:18
Adam King
Right.
00:21:15:06 - 00:21:52:21
Cassandra Fishkin
So like the whatever stages collapse or or the next downward market trend might look like might be very sharp, in fact. So I now also have some questions about the analysis of the 28 chart or the comparison to the 20 chart. I mean, we have a lot to look back on, right? Like hindsight is always 20, 20. So now that we have 28 to compare to, I think that when people are looking at that and you see this volume of options of put options that have come into the market, I think it's because people are trying to vet the trends and they're trying to hedge what they believe might be a collapse based on previous
00:21:52:23 - 00:22:17:07
Cassandra Fishkin
market trending, like what happened in 2008. So maybe it's a lot of people just following the roadmap that's been laid out and it's not necessarily the true market sentiment. I think that a lot of people are looking for rallies, even small rallies, and they believe that things are going to get better, but they don't really understand, like the the overarching economy at play and what's really happening to these companies and why their stock prices are falling and what's going on.
00:22:17:07 - 00:22:28:17
Cassandra Fishkin
So it's not necessarily just about daily action. I think that has a greater impact on options and options pricing and less so on day to day movement on stock prices.
00:22:29:09 - 00:22:31:16
Adam King
So you're bearish on your whole sentiment on the market?
00:22:31:23 - 00:22:49:11
Cassandra Fishkin
Yeah, I feel I mean, if you just look at the sentiment of the American people, the American people are bearish overall. I mean, we're really people are hurting in this economy right now and there's still recession denial taking place. So how bad does it have to get until we admit that there is a recession? You know, and what's really affecting people?
00:22:49:16 - 00:23:00:24
Cassandra Fishkin
And of course, we're approaching the heat of political season. So, you know, the economy is wielded as a sword for whoever's in power in some ways. And I think that's why the heat is on right now.
00:23:01:18 - 00:23:08:01
Adam King
And so what's your pick? What's your play of the day like? What are you doing to make money in these in these with these trends?
00:23:08:20 - 00:23:30:00
Cassandra Fishkin
I mean, watching short trends, I'm doing very short trades in the options markets, swinging for a few days a week at most or some day trading, watching short term patterns, 15 minutes to an hour in and out, and honestly hedging positions by buying calls and puts. I mean, this morning I bought calls on spy and an hour later I bought books on Spy and both hit Nice.
00:23:30:11 - 00:23:33:16
Adam King
And you said you're trading AMD. Are you trading anything else?
00:23:33:16 - 00:23:52:13
Cassandra Fishkin
This morning I played the Q. Q. Q Spy AMD by Boeing. Lucid. Lucid. And I think those were the main ones that I kind of had some activity and it was either opening or closing trades in the options market today.
00:23:52:13 - 00:23:54:12
Adam King
John, you're not playing any stocks, are you?
00:23:55:09 - 00:24:17:21
John Devine
Not right now, no. I was playing some some options. I, I see. I seem to pick an American happening at the end of 2020 and I went for like some put options on Niall. I seen it peaked at like $63. It came down, it bounced back up, came down, came back, began to look at local global top. And then I said like one stock failed to go.
00:24:17:22 - 00:24:24:21
John Devine
I thought, this is coming down. So yeah, it was the 40 put option when it was up like 61 or something. So you know what I'm saying?
00:24:24:22 - 00:24:26:01
Adam King
Now you're just watching.
00:24:27:00 - 00:24:28:07
John Devine
Yeah, I'm not playing at the moment.
00:24:28:20 - 00:24:38:04
Adam King
And I think that's an important thing that traders need to understand is that not playing and holding on to your money is actually a move.
00:24:38:19 - 00:25:02:06
John Devine
In really hard. It's taken me years to actually get that kind of patience. You know, it's different for everybody depending on your mentality and and what like some people are, are really conservative and that they won't go for these things. Oh, no, too risky. I'm just I'm too much of a degenerate. I tend to hop in on things and I got FOMO a lot and that goes down after about three years before, I was like, How many times do I have to lose if I actually learn?
00:25:02:16 - 00:25:04:18
Adam King
Do you remember my tonic? Call, John.
00:25:05:13 - 00:25:06:03
John Devine
The witch call.
00:25:06:08 - 00:25:09:02
Adam King
My tonic call. Are you in on that tonic call that I made?
00:25:09:09 - 00:25:13:11
John Devine
Oh, yes, I was. I got in some of that and I think it went up like but 100% on me.
00:25:14:04 - 00:25:18:04
Adam King
That was the best thing I ever did. I made 1300 percent in it on a on a trade I.
00:25:18:04 - 00:25:32:10
John Devine
Got into a bit later. All right. Yeah, I sold half of them down when I when I seen a peak as of here, it's going to correct a little bit. It started to correct as it now does decay and I'm getting rid of it. So I made 100% on one half and then broke even on dealer half. So.
00:25:33:08 - 00:25:44:23
Adam King
So, John, what are you looking for as a way that you're going to get back in? Because I know you're a really skilled trader. I've traded with you a lot. Your analytics are impeccable, but what are you looking for? Show us something.
00:25:45:13 - 00:26:04:20
John Devine
Well, at the moment, I'm just looking at the forex markets and try to understand that I see a lot of repeatable pattern, what's happened there and stuff. And yeah, there's like there's loads of different types. Liquidity also happened there too. I like to get in on. Yeah, I'm one of you actually really starting to do it. You see, over the last couple months I've just been so busy.
00:26:04:20 - 00:26:37:06
John Devine
It's very, very hard to even get a good computer time and I've only just set up my new computer anyway. I was just using office, my laptop and you can't really kind of get the flow of, of, of getting stuff done then, you know, other, so yeah, that's what I've been working on the last few months. So I'm going to, I'm working towards getting going until those forex funded accounts where they still give you like 90% of their profits and like they'll give you like 20,000 or up to $100,000 to play with if you pass their exam.
00:26:37:13 - 00:26:46:17
John Devine
I've actually looked into about four different types of accounts. Some of them charge a monthly fees, some of them charge you a small upfront fee of a couple older drivers.
00:26:47:05 - 00:26:54:06
Adam King
Can you guide our viewers on some of their research? Where's the where are these these sites that are giving these deals away?
00:26:55:20 - 00:27:03:15
John Devine
Yeah, I'd love to share them. Where will I start? Is a show notes on this so I can send links to.
00:27:05:05 - 00:27:09:03
Adam King
We could probably figure something out, but yeah.
00:27:09:03 - 00:27:32:10
John Devine
One of the crowds I looked at first was TMO okay, and that they're, they're quite popular. They require you to do a one month exam on a, on a, on an account to make 10% within a month. You can do it within ten days if, if you're if you're a good enough and then they have certain specifics of how much drawdown you can have.
00:27:32:10 - 00:27:52:11
John Devine
I found a company in London, Audacity Capital. They do it as well. But I think you have to pay a 99 a month fee for for that option. And there was another one that was very interesting. They don't give you a full exam or you don't have to prove yourself. You just have to like show you know what, I know what's open on you.
00:27:52:14 - 00:28:17:10
John Devine
You can pay, I think, $220 to get $12,000 funding. Or you can pay one $99 to get $25,000 funding. And of course, it goes up. But I think you can pay 5000 to get like 50 grand over the phone. But yeah, that's the kind of thing I'm looking into at the moment, considering I took all my money out and it's like, you know, on my day job, it's just barely covered expenses at the moment.
00:28:17:21 - 00:28:23:07
Adam King
Yeah. Yeah. Mike, what about you? Are you planning any cryptos? I know cash is big.
00:28:23:21 - 00:28:42:17
Micheal Bardi
But I pretty much got out at the same time. I'm like, we're done. I just pulled out everything. Like, especially once I saw, like, Celsius going bankrupt. Boy, you're going bankrupt. I'm like, I'm completely out of these cryptos for now until like, they do like a complete 180. And get my trust back on that.
00:28:43:03 - 00:29:01:24
Adam King
See Cassandra, how about how are we how is anybody going to predict that the market is going to rise when all all of us I mean, you include I'd like to see what you're doing, what bags you're holding, but I mean, you have three people right now that have already pulled out warning the market that the best advice on crypto is to pull out.
00:29:01:24 - 00:29:10:05
Adam King
What's your sentiment? I know you're still holding an XL and bag and some other stuff that is tied to silver. What's your sentiment on crypto right now?
00:29:10:05 - 00:29:32:11
Cassandra Fishkin
You know, my sentiment was it given my position, given whatever? Yeah, my position that I didn't feel the need to to back out completely. I had swapped some of my holdings where I'd already suffered some losses and was looking at some other coins that I felt might have a better might have a better lifetime and longevity and actually end up having some value and utility.
00:29:32:11 - 00:29:37:16
Cassandra Fishkin
So when I was reorganizing my crypto portfolio, I really was focusing on utility tokens.
00:29:37:16 - 00:29:42:15
Adam King
And what utility tokens are are hardest for you, right?
00:29:42:15 - 00:30:13:21
Cassandra Fishkin
Matic link. Those are the two that I think are the are the are probably the most popular will end up being the most having the most utility because they're going to be cross-chain tokens. So I think those were pretty important. I've held on to XL XRP Matic Link, actually. It's kept most of my crypto holdings. I got away from the theory, I got away from the major coins and like I said from the start, my interest in crypto was a little more in the direction of proof of stake to begin with.
00:30:13:21 - 00:30:30:12
Cassandra Fishkin
I stayed away from proof of work tokens I like. I just kind of identified on my own that they weren't going to have a long lifetime, that there was going to be so much else that would come to the forefront that would be much more functional crypto. So that's where I've stayed. And the other side is looking at cross-border payments.
00:30:30:12 - 00:30:53:24
Cassandra Fishkin
I really believe in why XRP was created and the impact that it has and what's going on behind the scenes with many countries institutional banks signing on to the XRP Ledger and Xylem is sort of in parity with that in a different way for cross-border payments for people and MoneyGram has partnered with Xylem and is like they're on board now for on wrapping lunches.
00:30:54:06 - 00:31:23:16
Cassandra Fishkin
Average person can go to MoneyGram or have a MoneyGram app and convert any currency into crypto, send it immediately over the stellar ecosystem or one of the stellar chains, and then have the person in a completely different country, in a completely different currency, cash out immediately, be a MoneyGram. I mean, that's beautiful, that's seamless, that's instantaneous. I know I've waited at times in the past a day for a Bitcoin transaction to complete, sometimes up to hours for a theory, um, depending on how busy the network might be.
00:31:24:14 - 00:31:30:10
Cassandra Fishkin
And otherwise, when I use Zelle, I'm for payments internationally. It is absolutely instantaneous. So I think you are.
00:31:30:10 - 00:31:32:01
Adam King
Using Excel in for international.
00:31:32:01 - 00:31:51:06
Cassandra Fishkin
Payments. Yeah, I just that we're in really early stages of these things and and policy needed to catch up and I think we're getting close to that time where I don't want to call them bitcoins but what was what some of the coins that are viewed as all coins are going to become valuable and useful and that's what I'm focused on, what will be useful.
00:31:51:18 - 00:32:15:09
Adam King
So you're staying away from all shit coins. You know, the top ten charts haven't really changed much as far as utility tokens. What are your top three excel at Matic? Lincoln Matic. Okay. Any of you guys holding any of those? Are you guys completely out there?
00:32:15:09 - 00:32:24:03
Micheal Bardi
But I know one guy I'm really close with and is very deep into crypto and he's holding a lot of expertize and he really believes in that one.
00:32:24:13 - 00:32:26:12
Adam King
Yeah, I mean, people are freaks, man.
00:32:26:17 - 00:32:42:14
Cassandra Fishkin
I'm holding r.p and also hedera. Like H graph is another one H bar and like a few others that all are kind of complementary in that ecosystem and like a lot of the rumors supposedly about it are that they are going to be precious metal backed tokens. So it's like.
00:32:42:24 - 00:32:47:22
Adam King
How are they going to implement that precious metal backing it? They're not already backed or they are back.
00:32:48:21 - 00:33:17:10
Cassandra Fishkin
Know that there's so banks are audited, right? Like we have this whole system now where banks are audited and they're supposed to have a certain amount of cash that's actually on hand for what they claim they're trading. The monies that they're trading with are in their general accounts. And so much like that, U.S. institutions, broker dealers or whomever, these big banks, they're going to have to own and be audited for these precious metals and the precious value of the precious metals will then back the value of these tokens.
00:33:18:09 - 00:33:39:00
Cassandra Fishkin
Like you look at Russia and some other countries and what's going on, there's a push to move back to a precious metal back standard for currency. That fiat and petro dollar currency has absolutely spiraled out of control, which we see, and that if we have something like precious metals backing our currencies instead, which is what we had, we had a silver standard, we had a gold standard up until Nixon.
00:33:39:18 - 00:34:10:10
Cassandra Fishkin
I think we'd see a major shift in our world, our entire world economies. And I think that some countries would very quickly pivot out of third world economic status. And the powers that be don't necessarily want that. So I think this also full circle ties back into the death of the Queen and the control of the money supply of the whole world and the idea of central banking and centralized control and this is exactly what crypto is trying to break through, is to decentralize the control and the supply of money and the movement of money.
00:34:10:14 - 00:34:14:21
Cassandra Fishkin
And I think that X element XRP are absolutely poised to break that wall.
00:34:15:21 - 00:34:39:24
Adam King
So before we move on, that's a that's a great pivot to our next segment. I am just going to quickly screen share. I don't seem to be pulling up, but I am trying to get a list. I have a coingecko up. I'll switch it to Coingecko. I was going to just list the current market caps for our viewers.
00:34:39:24 - 00:35:18:03
Adam King
So our viewers can see the we are. There we go. All right. BTC 350 billion. Ethereum 197 billion. That's actually a pretty big I think that BTC is falling faster than its Ethereum. That's obvious. Usdc. Usdc. Now here's my biggest prediction with crypto is that the United States government has just brought in an additional 87,000 IRS agents and this is going to really hit in the beginning of 2023.
00:35:18:11 - 00:35:20:22
Adam King
But these IRS agents are going after crypto.
00:35:21:04 - 00:35:22:14
Cassandra Fishkin
They're not hired yet.
00:35:23:03 - 00:35:41:21
Adam King
So they're in the process of hiring and they're one of the big focuses is going to be cryptocurrencies. They're going to go after they're going to go after all the might of the crypto with whatever they have. And there's going to be an apocalyptic event with Usdc and Usdc. It's going to start with tether. They're going to take out tether.
00:35:41:22 - 00:36:08:02
Adam King
The goal has always been to completely deflate, tether and sink the economy. Well, Congress is going to outlaw tether as they put forward their own state backed cryptocurrencies. So there's going to be an apocalyptic event that I'm predicting where some sort it's going to happen overnight, where some sort of congressional hearing or subcommittee is going to rule that Usdc is a non legal entity.
00:36:08:11 - 00:36:23:03
Adam King
Maybe they'll use the Patriot Act or something and say that it challenges U.S. sovereignty or something like this, but they will try to take out and then the only thing left is going to be Bitcoin is not going to be able to get anything off the system. So that's my.
00:36:23:18 - 00:36:32:16
Cassandra Fishkin
About I think that there's whether or not a lot of people know about there's this huge ongoing litigation between the SCC and XRP and.
00:36:33:21 - 00:36:38:10
Adam King
I want to tell our viewers a little bit about that. So in case anybody does know for.
00:36:39:03 - 00:36:59:10
Cassandra Fishkin
Sure, basically the FCC is trying to argue that XRP has been selling its tokens and the tokens are a security and not a currency. And SRP is arguing that their token is, in fact, a currency. And so that's you see, is accusing XRP of illegally selling and trading securities. And that's not that's I mean, I don't believe that's the case.
00:36:59:16 - 00:37:20:07
Cassandra Fishkin
And there's a lot of proof to that end. I think that that lawsuit is actually like maybe this trigger event that you're sort of describing. I think the lawsuit is going to create a precedent for defining a security versus a crypto token or a crypto currency, as it were, and like versus a utility token and these other things.
00:37:20:12 - 00:37:40:23
Cassandra Fishkin
And I think that actual decision is going to become the deciding factor for all these coins and all these valor, you know, basically for the cryptocurrency ecosystem as a whole in terms of where actual what is actually a store of value, where can people actually trade their money for value and what has potential for growth and long term use?
00:37:41:04 - 00:37:50:00
Cassandra Fishkin
So I'm really excited to see that because they are, I believe, moving into phase of summary judgment. There's been a lot of discoveries made in keeping tabs on. They've been going back on dates.
00:37:50:00 - 00:37:51:04
Adam King
Do you have any dates on summary?
00:37:51:22 - 00:38:06:11
Cassandra Fishkin
I should have pulled them up. I wish I did. I know that there is going to be some activity for conference dates in the end of this month and again in October. So people are expecting some sort of a a resolution or that like things are going to be pointing in a certain direction, but I believe by November.
00:38:06:15 - 00:38:30:00
Cassandra Fishkin
So I really think that the resolution on that lawsuit or the activity within that lawsuit, because at any time the SEC could drop it also. So it's the FTC suing XRP. So a lot of proof against the SCC that they've already determined that these are currencies and not securities and they're trying to go back on their word also because of JPMorgan's involvement in the creation of Etherium and ownership of Etherium.
00:38:30:00 - 00:38:34:22
Cassandra Fishkin
So it's not really a decentralized currency as it was as it is. So I think that.
00:38:35:06 - 00:38:37:05
Adam King
Miriam is the most shady out of all of them.
00:38:37:14 - 00:39:03:04
Cassandra Fishkin
The most. The most. And I think some of what will shift that is the shift to proof of stake away from proof of work. That being said, I still think that the event that you're may be looking for or talking about is going to be related to this XRP lawsuit when we get some real legal clarity on the difference between a utility, a security and a currency, as far as digital digital money is concerned.
00:39:04:08 - 00:39:48:07
Adam King
On that note, I want to pivot. I want to cover move back to corruption, because you mentioned something prior to the description of the XRP lawsuit, the amount of corruption in the U.S. stock market. I know, Mike, you and I have spoken at length casts of you and I about Nancy Pelosi trades and how she trades with the stock market before we get into corruption to set the mood of corruption, I have found the most amazing Gregory's video about the Federal Reserve that I want to share with you guys and for all of you who don't know who Greg Reese's happens to be, my absolute favorite documentary filmmaker on Infowars.
00:39:48:07 - 00:40:28:20
Adam King
Check him out on Infowars dot com. And then video icon Greg Reese puts together the most the the most. I think this is I think this is the video. So bear with me. No, that's not it. Sorry. We're trying to get our camera ones and camera tools and we don't got them. So Gregory puts together these videos that are that are really spectacular.
00:40:28:20 - 00:40:39:15
Adam King
He put one together on the Federal Reserve band. Yeah. Dash Melinda Gates, Systemic Collapse. I mean.
00:40:39:24 - 00:40:50:07
Cassandra Fishkin
The reserve itself is just such a great euphemism. It's a privately held central bank that influences and controls our monetary policy that the Treasury should.
00:40:50:07 - 00:40:54:06
Adam King
Yeah, this video that are mostly guys that documents the.
00:40:55:13 - 00:41:04:01
Micheal Bardi
It's just crazy how Congress had already banned Congress itself from trading like it should have been like a no brainer thing to do.
00:41:05:22 - 00:41:19:07
Cassandra Fishkin
I mean, Nancy Pelosi single handedly stood in the way of that. The Democrats did propose a bill and she was like, I you're not taking away my flow of money. I mean, because it's the there are idiots is.
00:41:19:12 - 00:41:24:21
Adam King
How else is Nancy Pelosi going to make 150 billion in a year while she's on a congressional salary.
00:41:25:04 - 00:41:39:05
Cassandra Fishkin
Is making hundreds of million dollars corrupt in California with these backwards business deals where they get federal grants to buy land resell the land to Dianne Feinstein's husband with federal money again and again and again and just keep lying their pockets. I mean, like there's.
00:41:39:05 - 00:42:01:02
Adam King
Endless chain of corruption, you know, and I am a strong supporter that we need to toughen up, you know, for elected officials. We need to toughen up our corruption laws so much that they don't go to jail. Corruption should be punishable by something so extreme that it really prevents them from doing it. On that note, I found the video that I want to share with you guys on the Federal Reserve, and I want to play this so that.
00:42:07:17 - 00:42:52:20
InfoWars
We Americans are divided by political party, religion and social class to keep us from ever figuring out the real cancer in American culture, the cause of nearly every American war, and the mother of today's corruption. It's the Federal Reserve. Okay? 0.5% of the citizens of this country own more assets than the bottom 90%. That's all happen over the last ten years, since 2008, the Federal Reserve, by the way, that's owned not by the American people a central bank that's owned by 24 prime brokers, Jp morgan and Goldman Sachs and Morgan Stanley.
00:42:53:13 - 00:43:18:15
InfoWars
How does that work? We don't need to audit the Fed. We need to end the Federal Reserve's. The Federal Reserve has usurped as usurped has usurp its power and the power of the American people and our elected representatives. And no, they do not have the consent of the governed. We will not comply, we will not submit, and it must be ended.
00:43:19:01 - 00:43:53:00
InfoWars
The Federal Reserve banking system introduced the most destructive form of usury the modern world has ever known. A debt based currency designed to write and enslave entire nations. The Federal Reserve prints money out of thin air, and this has given the crooks who wielded the power and influence to create their own corporate government within the United States. And the IRS has made every hardworking American into a criminal guilty until proven innocent.
00:43:53:18 - 00:44:30:06
InfoWars
The IRS was always seen as unconstitutional, but in 1913, the powers of the IRS were weaponized and made de facto law by the 16th Amendment, never properly ratified, which states that the government can collect a percentage of everyone's income. Over 50% of Americans refuse this unconstitutional amendment. But the IRS will come after you. They have a long reputation for targeting religious groups and political opponents, and it's only looking to get much worse.
00:44:30:06 - 00:44:59:19
InfoWars
The Inflation Reduction Act guarantees more inflation with the billions of dollars required to be printed out of thin air. And while local police are defunded so that violent criminals are set free, the IRS is being funded to hire over 80,000 new agents to make sure everyone is paying their taxes. And they have recently bought 5 million rounds of ammunition.
00:44:59:19 - 00:45:30:02
InfoWars
They are building their own police force to execute search warrants, make arrests and exert the use of deadly force. While many liberal progressives may argue that the crimes of the Federal Reserve are necessary, they are hurting people worldwide because it's the world's reserve currency. 40% of international transactions are in USD, and as the Fed continues pushing the illusion of a strong dollar, the rest of the world is made poorer.
00:45:30:15 - 00:46:12:01
InfoWars
If the Americans don't remedy the situation soon, then the international community has a reasonable excuse to involved. The entire international fiat system is collapsing and the crooks responsible will be selling us a new centralized sized digital currency, which is obviously another trap. But the alternative is simple Restore the Constitutional Republic to promote the general welfare and secure the blessings of liberty with sound money backed by gold and silver and the Fed, the IRS, the CIA, the FBI.
00:46:12:19 - 00:46:40:11
InfoWars
It's written right there on your hundred dollar reserve note. Whenever any form of government becomes destructive, it is the right of the people to alter or to abolish it and to institute new government that will most benefit their safety and happiness. What is the highest federal income tax any American should have to pay? Quote, We should have the lowest tax that we've ever had.
00:46:40:11 - 00:46:43:11
InfoWars
And up until 1913, it was 0%. What's so bad.
00:46:43:11 - 00:46:48:08
InfoWars
About that now? I would like to follow up on that.
00:46:48:08 - 00:47:11:22
InfoWars
Because I think the question on taxes is generally misleading because any time you spend money, it's attack, you might tax, you might borrow, you might inflate the vicious taxes attacking the American people, the retired people today is the inflation tax, the devaluation of the currency. The standard of living is going down and you need to address that. And that's why I want to make the inflation tax zero as well.
00:47:11:22 - 00:47:30:08
InfoWars
So your answer is zero zero. Reporting for Infowars, this is Greg Reese.
00:47:30:08 - 00:47:31:20
Adam King
Gregory's is a legend.
00:47:33:20 - 00:48:08:01
Adam King
Anyways, that being said, we all saw what the Infowars report on the IRS, the corruption, the corruption in the American Congress is do as we say, not as we do. You have Hunter Biden running around making all sorts of deals. Nancy Pelosi on her end of the stock snake in insane money. You have Brian Mast and others in the house making insane money while the people are being targeted by the IRS.
00:48:08:10 - 00:48:11:22
Adam King
Mike, what do you say about this?
00:48:11:22 - 00:48:31:17
Micheal Bardi
Because it's going to continue until we do something about it. You know, just like at Biden last week in a speech like the whole background noise, it was like Hitler 2.0, all red and black with soldiers standing by their side. This guy is just starting out like his own revolutionary going on. Have you seen that picture?
00:48:32:23 - 00:48:52:06
Adam King
I did see the dead. It was it was a very weird it was a very weird speech that he gave. I didn't understand that one either. And since you brought up Biden, I want to play this this other clip that hello, Michigan.
00:48:54:00 - 00:48:58:16
Speaker 7
And there was much rejoicing. Get back.
00:48:59:10 - 00:49:02:04
Micheal Bardi
Right.
00:49:02:04 - 00:49:02:12
Adam King
Let's.
00:49:03:20 - 00:49:04:18
Cassandra Fishkin
Get vaccinated.
00:49:06:06 - 00:49:11:13
Adam King
Cass, what do you think? How do we stop this? How do we exit this train? How do we stop the corruption? What do we do?
00:49:13:02 - 00:49:35:07
Cassandra Fishkin
Information is power and ignorance is bliss or not. So I think that if more people really understood these things, like about what happened in 1913 with the formation of the Federal Reserve, with Woodrow Wilson, with JFK, trying to abolish the Reserve. And speaking of the abhorrence of the secret societies that control our politics and control our money especially, I just think that information is power.
00:49:35:11 - 00:50:02:11
Cassandra Fishkin
It's just like this whole thing of these polls coming out, the voters saying 70% or more. If they had known about Hunter Biden's laptop, their vote probably would have been different. I think the same exact principle applies here. If more people understood that the federal Reserve was a privately owned bank that's lending money to the U.S. government, which then becomes our money supply, they would realize something desperately needs to change.
00:50:02:16 - 00:50:30:12
Cassandra Fishkin
They might vote differently, they might become more active something. But I'm just the proponent of information being power and getting people to understand the truth of how our government functions. I'm hoping that this becomes adopted into some kind of conservative political agenda as well, whether it's under the MAGA movement or otherwise, and that once there's a critical mass of congresspeople and senators who believe the same thing, we might actually have movement to abolishing some of these.
00:50:30:12 - 00:50:31:00
Cassandra Fishkin
Completely.
00:50:32:04 - 00:51:01:00
Adam King
Absolutely. Yeah. Most invasive form of of oppression is the taxation from the IRS. John. And on your jolly little island, you don't have the corruption that we do. You have different corruptions. What are some corruptions that are happening? And with your elected politicians, do you have that in England? I think we're losing your audio, John.
00:51:01:00 - 00:51:02:20
John Devine
So I had on mute when I coughed.
00:51:04:01 - 00:51:04:11
Adam King
Yeah.
00:51:04:11 - 00:51:29:16
John Devine
Over the last hundred years we've been having the same two party system swapping over each time and that this year we almost the last election we almost got a shift of a brand new party come up. The only problem is that the party didn't run enough candidates. What? They actually had most of the first preference votes. But by the time they trickled down to the next counts and stuff, yeah, they basically didn't have enough candidates to form a government out there.
00:51:29:17 - 00:51:40:06
Adam King
Now you have corruption over there like we do here, where our Speaker of the House openly is engaged to the point where she has her own hashtag called Pelosi Trades.
00:51:40:06 - 00:52:04:12
John Devine
I don't know if it's that extent. I don't hear much about that. But there's a lot of government officials there are taking backhanders off big property developers to get senators to build apartment blocks and shopping centers and stuff, you know, and the money goes into the hands of their politicians and yeah, there's a lot of hedge funds buying of properties to just to sit on them too.
00:52:04:12 - 00:52:19:16
John Devine
So they gain in value or the target stores or grants like you can have a three bedroom house in Dublin that was two and a half thousand euro per month. I don't know how anybody who's a foreign got like most average wages between two and 3000 you know so I don't understand how it's.
00:52:20:05 - 00:52:29:12
Micheal Bardi
Like right there, huh? That's what's going on with BlackRock. They're just buying properties by the dozens and then holding it and charging God knows. Yeah.
00:52:30:12 - 00:52:58:18
John Devine
Back in two boom times of four prieto's in eight. And there was I think there's the same three bedroom houses, two, two and a half ground is now was hundred back then and people were on a much bigger wage than two you know because the homes were good and it a lot of money flowing that so yeah it's it's a massive plus 42% of all 42% of all rental money from the landlords goes to that goes to the government so they could really do something about the rent prices there.
00:52:58:19 - 00:53:17:22
John Devine
I think the same time same is happening in London and other parts of the world too. But there's a certain places like Germany, they have certain phrases in place to stop them going over a certain point and that kind of thing. I don't know. It's just it's I don't know how anybody is able to afford it. I thought eight years ago that was it was going to blow the top off the rental markets.
00:53:17:22 - 00:53:25:14
John Devine
But in increasing ever since, I don't know who has the money for this it's also I just won't lend any money since so surprising things.
00:53:26:00 - 00:53:56:03
Adam King
John as far corruption is concerned is one of the 95% of the unfortunate world of not being American. What do you when you look at our house of house and you see people like obviously you're involved in the stock market. When you see Nancy Pelosi making all this money hand over fist in the stock market, what do you say after you've witnessed America export our form of democracy all over the planet and then our leaders are openly engaged in blatant corruption at the highest levels?
00:53:56:03 - 00:54:18:03
John Devine
What is my opinion? Obviously, I don't agree on that, but I think the whole market itself is a is a big massive scam because they used to fundamentals to to drive these things. You know, like for example, yeah, there was loads of examples of like in 2020 they knew everyone was at home and they were bored and they just went onto the stock market to try and make some more money.
00:54:18:17 - 00:54:35:22
John Devine
So it was like a market rally for ages. So now and people are, they're holding on, oh, this is only a new company that's only just got older. 20 Blue Nile went from five Great Lakes to 65. And, you know, it's just it's just leading the whole team was basically it's the whole thing is a Ponzi scheme and it's going through cycle.
00:54:36:09 - 00:55:01:11
Adam King
You think that in the pandemic, the run that we had during the pandemic was was big hedge funds like BlackRock and and what's the fortress one? What am I thinking of now? Vanguard. Vanguard is one citadel and citadel pumping up companies, making them valuable to trick people into investing and holding back so that they can later take them.
00:55:01:11 - 00:55:02:06
Adam King
That's what you said.
00:55:02:21 - 00:55:25:05
John Devine
Well. Well, that's if you look at the March 2020 collapse, it was just like, oh, yeah, they announced about something about the pandemic and the whole stock market just went straight down. Yeah, if you look at the volume chart, you see the volume at that point was the greatest of any any buy ends of any of the run leading up to the euro.
00:55:25:05 - 00:55:43:07
John Devine
So it was like that was all the big money getting in those massive dips. If you look at all the dips throughout history, it's always the best time to buy. It's Always a over even 2008, which was fairly bad. You can see the charts there and the the they went down like some of them went down 60, 70%, but they all kind of recovered well, most of it.
00:55:43:08 - 00:55:47:08
Adam King
And I think we just lost Cassandra there.
00:55:48:07 - 00:55:49:14
John Devine
Okay.
00:55:49:14 - 00:55:56:03
Adam King
So keep going. Yeah. What do you think, Mike? What do you think about corruption? And you know, she's back.
00:55:56:09 - 00:55:56:17
Cassandra Fishkin
I'm here.
00:55:57:13 - 00:56:20:18
Adam King
Oh, okay I thought we lost you for a second. Now, on that note, we are wrapping up this segment on our Stocks and Cryptos Edition. I want to go around the room one more time with each of us. What is the most alarming thing that you see in the market, whether corruption or whatnot? What is the best trade where our viewers can make some money tomorrow, the next day and the day after that?
00:56:20:24 - 00:56:26:13
Adam King
Mike, I'm going to start with you. Yeah, the floor is yours. Give us your your your best and your worst.
00:56:27:09 - 00:56:48:12
Micheal Bardi
Right now, I think the Chinese IPO's are absolutely insane if you're looking for like a risky thing and you can maximize it just look into the Chinese. The IPO is coming out. They're going up like hundreds to thousands of percent in like a day or two and then make sure you take your profits because it's not yours until you take it.
00:56:49:08 - 00:56:51:19
Adam King
That's great advice. Have you made any money with the Chinese?
00:56:52:22 - 00:56:59:11
Micheal Bardi
Very small. I only got like one or two shares just to, like, have fun with it. And I quickly got out like by the end of the day.
00:56:59:15 - 00:57:24:08
Adam King
Every time I bought a Chinese stock, I felt that there was some guy in Hong Kong flying around saying, Oh, silly American, we are. You and I lost everything. I never made money on a Chinese stock. So that's a risky move for your last word recommendation. And and and what do you see as the worst thing happening in the market besides Chinese stocks?
00:57:24:08 - 00:57:51:19
Micheal Bardi
The worst thing, as I see a lot of people are just overleveraged, you know, like they don't know what they're doing. And there's so many companies offering like leveraged trades to unprofessional deals and they're just leveraging all their money at once. And right now, I know people in my not only just in my chatroom, but like other people have already been down over like 60 to 80% of their total cash holding in their positions.
00:57:52:00 - 00:58:09:15
Adam King
Right. On that note, a big shout out to all the mixed warriors out there tuning in. Micron's, a exceptional, exceptional stock trading group. Mike's Warriors. How post of the buy money with Mike John moving on to you your best and your worst.
00:58:10:12 - 00:58:35:10
John Devine
Oh the best and best crypto right now I would say would be Atom Cosmos. And that's showing a lot of strength right now in this market. And I haven't too much research on that. But a lot of people I know have an ecosystem is expanding. I really think they're going to get into the market with payments directly with people.
00:58:36:08 - 00:59:14:24
John Devine
I've yet to do a lot of research on it, but it's one one of them. I'm going to start stockpiling. I really don't see the market. I could see some ups and downs like some some increases on some blue chip type cryptos over the next over the next few months. But in saying that the hope because the whole sentiment is down, I don't think we're going to have it going to roll until like 2024, maybe late 2010, having that coinciding with the halving yet that's that's that's been the thing the whole time I can start to see that maybe some of them will start decoupling as as some cryptos are being used by actual people.
00:59:14:24 - 00:59:35:14
John Devine
You know, the the adoption that was done, that's the whole thing. Like I went crazy in 2017 about the whole adoption thing and this is the thing that actually kept me in the market and what's my stuff go down like 90% because I was such a believer in the crypto space. I knew it was the future. So that's this is this is where they get you to grow the flow.
00:59:35:18 - 00:59:36:24
John Devine
Don't be afraid to say profits.
00:59:37:00 - 00:59:50:21
Adam King
Yeah, absolutely. Great Last words and on to our last of the evening. Cassandra, what is your best? What is your worst? Where can people make a buck working people? What pisses you off the most besides the lizard queen dying.
00:59:51:06 - 01:00:12:00
Cassandra Fishkin
Will end on a good note. So what pisses me off the most is probably like Mike said, I'm going to go suck in that is the over leveraged the over leveraged market and overleveraged people kind of mucking up the market for the rest of us and ignorance in the market. And I would say the best part of the market for me are short term, high volume plays.
01:00:12:00 - 01:00:25:20
Cassandra Fishkin
So watch out for options and high activity stocks like sharp Boeing, NVIDIA, LCD, LCD, AMD, spy especially. I'm all for the daily spy plays.
01:00:26:19 - 01:00:28:08
Adam King
Are you what do you plan tomorrow morning.
01:00:28:20 - 01:00:41:16
Cassandra Fishkin
I'm actually I usually don't trade on Friday mornings, but I usually get out of my positions by Thursday. So I've got nothing to play tomorrow. I'm holding on to Q. I have a triple Q, I'm swinging until the middle of next week.
01:00:42:02 - 01:00:44:03
Adam King
And where can people calling you on the internet?
01:00:44:20 - 01:00:48:14
Micheal Bardi
I like to call Fridays, bloody Black Friday.
01:00:48:14 - 01:00:56:02
Adam King
Everybody wants to sell for the weekend so that they can go buy weed. The only thing you have left after playing this market is a little bit of money to buy weed.
01:00:57:02 - 01:00:58:23
Cassandra Fishkin
As long as you have a for the weekend, you're good to go.
01:00:59:16 - 01:01:00:15
Adam King
Where can people find you?
01:01:00:15 - 01:01:09:12
Cassandra Fishkin
Cassandra I am on Instagram sleep. Fishkin And you can email me at cast seven, eight, seven at gmail.com.
01:01:09:21 - 01:01:13:09
Adam King
You're going to get flooded with a bunch of people wanting stock advice after this show.
01:01:13:22 - 01:01:17:18
Cassandra Fishkin
On that and micro-dosing, check out my website and body plan.
01:01:17:18 - 01:01:37:14
Adam King
MEDCOM There you go. On that note, I am Adam King. Thank you all for tuning in to the Adam King Show. We had a great time with our three amazing guests, wonderful videos. Thank you. Greg Reese at Infowars. Cassandra Fishkin my name is Mike and JD John Devine. Everybody take care. Thank you very much and have a wonderful evening.
01:01:37:14 - 01:01:37:20
Cassandra Fishkin
Thanks.
01:01:37:23 - 01:01:38:10
Micheal Bardi
I did.
01:01:38:24 - 01:01:41:06
John Devine
Take care.