IGNORE DOOMERS

“The Straits Of Hormuz are apparently open to commercial traffic that's coming from Iran, and Bitcoin is pumping. I haven't really had a chance to check all markets, but, you know, up above 77,000, at least, it broke above it. Oil is the real story, down $81. I can't imagine how many people have been liquidated on the short side trading on all these weird venues, so we'll see.”

“With markets down roughly 10%, the ten day recovery that the stock market saw was arguably the fastest return to before the crash that we've ever had in history. It just shows you how risk on you buy. One thing: the money supply and the amount of printing and everything that's going on is so large that you have to look at it that way.”

“Do you remember when the Ukraine war started? I mean, incredible tragedy in terms of human life, but people were talking about how the mass famines were coming. Yet that's not been happening. So, I mean, I'm not saying you can't, and I'm not saying we should be cavalier, but financially betting on doomerism is a really, really good way to lose piles of money.”

“I have a very basic viewpoint, which is the Fiat Ponzi scheme may very well be a Ponzi scheme. In fact, I think it is. But the entire world's power structure is on the side of keeping it moving. And given the tools they have at their disposal, they're going to keep it moving. And in that case, fading it at any one point in time is gonna be extremely costly.”

“Also the news that Adam Back is now throwing his weight behind Bitcoin getting ready for quantum—don't underestimate the impact of that as well. As crazy as it sounds, I mean, Nick Carter called him a clown, but it doesn't matter. He has a lot of weight in the community. I don't think that the positive side is really priced in yet.”