Speaker 1: 0:00

Now, welcome to this pre-market live stream. I want to show you what is happening right now versus what is being portrayed in mainstream media, because if you listen to that, you're going to make some decisions that you're going to regret in three months or in six months. So I want to give you the perspective of what Wall Street's doing, like what I learned as a product, share that with you and make it easy to understand and actionable. So this is going to be the highest value video you're going to consume this year, hopefully. Big, big mission there. Right, why am I wearing a jacket? Because it's pretty chilly here up on the mountain where I am and we're a bit cut off there, aren't we? We're a bit cut off. We'll have to deal with that. But let me walk you through the following here.

Speaker 1: 0:44

We've got some data out and it's massively misunderstood and everyone's harping on about it and it's, on the face of it, the worst in 45 years. There is data out that's worse than the global financial crisis. Right now, people are literally saying this is worse than the global financial crisis. I want to put that in perspective for you. The US Commerce Secretary is he? What's his title? Anyway, besson's got a warning for us. That guy is a former hedge fund manager, by the way. That's an important piece of information to remember. And now it's getting warmer because I turned the lights on, so I'll be stripping off in a minute, and some people actually think the US is already in a recession. Is that true? Is that not true? Let's look at the real data here. And then Wall Street is actually saying buy this, buy this Sound is poor.

Speaker 1: 1:33

You're saying Okay, sorry about that, guys. Why is the sound poor? My friends, still Still poor. Let me move the mic a little bit up. Does that sound better? And what is actually going to happen next? I think that's really the ultimate question, isn't it? What is going to happen next? What should you therefore be doing? Should you be buying, should you be selling? Should you be holding? That's all very important. It echoes Interesting. It echoes Interesting.

Speaker 1: 2:06

I'm not sure what I can do about that at this particular juncture. Let me ask my friend NVIDIA Broadcast. We've got noise removal. Yes, room echo removal. How about that? How about the magic of NVIDIA? Hopefully that will be better.

Speaker 1: 2:28

Make sound great again. I'll get a hat. Actually, I would buy that hat. Seriously, make sound great again. Would that be useful for you. If I explained these six key, important topics for you, that will be useful for you.

Speaker 1: 2:44

Write. Writer number one in the, in the, in the chat, and that way I know that you're listening and it's going to be good for you. Um, sounds better, okay, brilliant. Whenever some product in mouth of this crystal clear oh dear, oh dear, oh dear. I'm not going to be able to put it in front of my mouth, my friend, because I'd have to hold it, so it's going to have to be under my chin. I think we will, we will, we will. We're getting a lot of ones here Loving to see that. Brilliant, my friends.

Speaker 1: 3:09

And apparently somebody just said we just hit 250,000 subscribers. Is that true? Is that true? Did we just hit 250,000 subscribers? Let's have a look on the back end. Here we did, oh my God, amazing, that's amazing. That's kind of a nice milestone, isn't it for the community? Here we did, oh my God, amazing, that's amazing. That's kind of a nice milestone, isn't it for the community here.

Speaker 1: 3:29

And really, you know, my goal has been with this from the very beginning share real information, share the stuff that people don't usually share with you because they say it's scary and it frightens people because it's a little bit more complex. It's a little bit more in-depth than what you see from most people. And maybe the mic cable is bad. Well, it's remote. Maybe that's got something to do with it. I'll move the phones and we'll figure out the sound in the next day or two. And my mission has just been to make a million people financially free, so to have a quarter of a million of you hit the subscribe button, which means the information you're putting out here is helping people and it's landing. And that's really what motivates me to keep doing this and sort of spend my retirement years talk about the market rather than just focus on my money myself.

Speaker 1: 4:15

So let me show you this chart here, because this is extraordinary. Thanks, my friends, thanks for all the congrats. There it's you guys. Imagine that 250,000 people click the subscribe button. What I do is I picture them in front of me. How many people would that be? Quarter of a million people, like a stadium is like what? 60, 80,000? It's a lot of people, isn't it? It's a lot of people, which is very cool. It's very, very cool. I love that. You all have common desire to understand the markets, get the financial freedom, make money work for you and that's really. It took me like 35 years or something to figure that out and I hope you're going to figure that out sooner by watching us here. So at the moment, us consumers think that things will be worse in a year from now. 60% think it's going to be worse. That is literally the highest horrible rating we've seen in 45 years since the data began here 45 years.

Speaker 1: 5:20

And Do we get a sub-goal handstand? I actually did. I have a handstand coach. It sounds ridiculous. He's in Israel. He's amazing and yeah, I did handstands today the best. Yet I'm balancing for moments. The goal is to be obviously push up to handstand. That's the goal. We're still working on that one.

Speaker 1: 5:42

I couldn't do a handstand for the life of me. About four months ago I'd never done a handstand in my life. As a child I couldn't do handstands, and that just goes to show you, if you have somebody good to teach you, you can learn stuff pretty quickly. My shoulders were tight. All of this all fixed. It's amazing.

Speaker 1: 5:57

Anyway, back to the market. A few percent of people are like, oh my god, the world's about to end and that's what you're reading in the media. And then look at this. This is the expected change in your financial situation and we're again at levels lower than at any time since the 1980s. We're lower than the global financial crisis, gfc in 2008, 2009. Seriously, we are lower than the dot-com crash. I remember that that was pretty bad. We're lower than what was that? 87 or something? I didn't know what day of the week. It was in 87. That was sort of the 80s problems. We had a huge amount of inflation in the beginning of the week. It was in 87. That was sort of the the 80s problems. We had a huge amount of recession inflation in in the beginning of the 80s. Here, all sorts right, gulf war kind of stuff. People are more pessimistic about their financial situation right now than at any time since.

Speaker 1: 7:01

The data has begun seriously calisthenic and stocks yeah, that's really it. Like I'm absolutely loving that. Seriously, if you, if you guys, um, if you want to get healthier, calisthenics, like, ditch the weights. That's what I'd say, because you, you hurt yourself with weights, um, that's what I think. I think I mean you can hurt yourself with anything, but I, I really like the, the body thing. You just push yourself. That's all you need Now. Felix Hansen tutorial video. Don't tempt me, my friend, there's a masterclass on handstands. It'll turn your world upside down. Exactly that's what you need. If you want a chance to go up, you need to do a handstand, ok. So this here is actually important in all seriousness.

Speaker 1: 7:43

This is the Treasury Secretary, scott Besson. He's a former hedge fund manager the screenshot from Bloomberg and he said I'm not worried about the recent downturn that's wiped trillions of dollars off the market. Well, he didn't actually say that. He says I've been in the investment business for 35 years, hedge fund manager, and I can tell you that corrections are healthy, they're normal. I'm not worried about the markets For the long term. Basically, the markets will do great.

Speaker 1: 8:08

The market reads this and goes oh my god, it's going to get worse. They're not going to bail us out this time. They always bail us out. That's been a little bit of the problem, hasn't it? Every time the market dips, we get bailed out, apparently not this time. So what does that therefore mean? Is it the end of it all? You can bet on the odds of a recession. Polymarket allows you to do that. 43% chance right now of a recession. That's almost a doubling. It's almost doubled in the last three weeks. 20-year-old picture of Besant. Well, we wanted to be kind. So what does it all mean? Well, look, this is what kicked off a lot of the panic here. Yes, trump and tariffs they keep life exciting, but this is actually what kicked off a lot of it.

Speaker 1: 8:59

This is Fed data, official US Federal Reserve data from the Fed in Atlanta, and they put out data that said that they estimate the GDP for the first quarter to be a negative minus. I think it's 2.6%, and they put that out all the mainstream media. Put it up and they go recession, the world's collapsing. Run for the hills, bury the children in the backyard. That's usually a good approach and it's complete bollocks, excuse my French. Why is it bollocks?

Speaker 1: 9:43

Gdp data takes into account imports. So, gdp, whatever your gross domestic product, how much does the economy worth? What's the size of it? Well, part of that is imports, and what they do with imports is they deduct imports. So they say anything that's imported reduces the size of our economy. I'm an economist. It makes no sense.

Speaker 1: 10:08

What was the problem in the beginning of the year with? Why do we have a lot of imports into the US? Well, one, there's a lot of gold going into the US. Somebody's got to restack Fort Knox right, like huge amounts, more than we've ever seen in the history of gold data. Gold is pouring into the US at some unprecedented rate. Who knows where it's going?

Speaker 1: 10:30

And the second is tariffs. Say you're an import business, for example. I have a couple of businesses. One is a wine business. We supply the US. We supply a little bit into the US, not a huge amount. So if I have an importer, say in New York you buy wine and then sells it to whatever, he always has some inventory Say he has 10,000 bottles inventory of this foreign plonk that we make.

Speaker 1: 11:00

Now if you're telling him that Trump is about to put a 200% tariff on European wines, do you think he's going to say, all right, I'll wait and see. When prices come down again, tariffs come down again. Or do you think he's going to call his supplier and go can you send me a container really quickly before the Trump nutter puts in those tariffs? Of course he's going to do that, right. That's why imports spiked.

Speaker 1: 11:26

So anybody who's buying from China and Europe and all the guys selling nonsense on Amazon, everybody is stocking up before Trump because you don't know how bad it's going to be. It's going to be 25%, it's going to be 200%. Who knows right Changes every other day. So therefore you get this massive spike in imports, which also shows that this very importer is bullish on the US economy Otherwise he wouldn't be stocking up on products that he couldn't sell economy Otherwise you wouldn't be stocking up on products that you couldn't sell. So this GDP data, if you take out the gold, just exclude gold and I've seen this calculation, it's 100% accurate then the 2.6% becomes about minus 0.4%. That's just taking out the gold. Now, if you take out all of the tariff stuff, you're in positive territory. So this is complete nonsense, complete and utter nonsense.