Foreign I wonder why I'm here Sometimes it seems like I can find a reason why it lost something too again Chevy Because um Moon gang Goonies What is going on? Welcome back to another episode of the Matt Core show I Bet you're wondering why I invited you here today. Well, the main reason I invited you here is I Hope you had a fantastic extended holiday weekend I Hope you had a truly phenomenal time hanging out with your friends and family. and if you chose not to do that I Hope you had a great time hanging out with yourself I Really really do. And then that brings us to today: Monday November 28th where absolute Global Chaos ensued. We're going to be talking about the old stock Market. We're going to be talking about Crypto. We're going to be hitting the left, right, and down the center with some of the biggest breaking news right now. Now, if you're sitting there and you're wondering why have I gathered all of us digital friends from across the entire internet? Well, it's for three major things: Numero Uno Write it down. Count it. We're talking about the newest fight between billionaires Elon Musk versus Tim Cook or maybe you know him as Tim Apple We're talking about Twitter versus Apple It's gonna get nuts. Then we're talking about I guess China versus Rona But what I really mean is China versus its entire population and then we're gonna wrap it all up. Put a cherry on top with basically FTX versus all of us. and really US versus crypto. and really US versus Red in our crypto portfolio. So we have a fun filled show for all of you. I Think you're really, really going to enjoy it before we get into all that though. If you can help me out with the algorithm, don't forget to that like button on both YouTube and Rumble helps with the algorithm, helps with the battle leaderboard. and hey, don't forget to subscribe because as soon as you hit that magical subscription button, you too can become a moon gang goonie. Welcome aboard! Now that we got all that out of the way, a very quick shout out to our stream sponsor: I Am talking about Enviro Cleanse and both sponsors today. This is the last day of the Black Friday discount. So if you're thinking about getting any of this, this is the day to do it because tomorrow it's going to get a tad bit more expensive. What if you could skip the latest Rona strain intake? a hard pass on catching this year's seasonal flu? You do it right I am with Enviro Cleanse The new science in Home air purification Enviro Cleanse never does this. They just announced a massive black Friday discount, but supplies are limited so you'll need a hurry. and literally tonight at midnight it's the last time they're running this discount for. Black Friday Environment Cleanse Advanced Mineral Technology kills microviruses, germs and bacteria and other purifiers that mist. That's why they take over 300 000 Enviro Cleanses in classrooms Also trusted by the government. it's on submarines and with the Black Friday discount, you'll save 35 and get it fast. Free shipping Visit Ekairsale.com and use the code Rumble R-u-m-ble that's Ekairsale.com code Rumbleek Airsale.com code Rumble pinned to the top of chat in the description of the video. If you didn't catch the website, go to: Enviro Cleanse. Beyond the error filtration unit, they have stuff for laundry surfaces, soap, odor, all that great stuff. Use the code Rumble Get yourself 35 off. Shout out to Enviro Cleanse. Now that we got that out of the way, let's talk about the Old Market Let's talk about the craziness in the market. Stocks close lower Dow drops nearly 500 points as supply chain concerns Mount Mid protest in China That is probably one of the most benign ways to say that Things in China right now are the opposite of Bueno Things in fact, are looking pretty pretty gnarly. I Mean, take a look here. the S P 500 A little bit of green in consumer cyclicals, consumer defense, but mostly red red. Not the best way to start this particular week. I'll definitely give you that. The world of Crypto pretty much the same across the board read: BTC Currently trading just about 16 000 Ethereum just below one thousand two hundred. The markets took a hit today because people had very fair concerns about what's going on with the global situation. the global economy. There's a lot of downward pressure on it right now and the situation got worse at first. We were there with inflation. Are we coming out of that? Are we heading into a recession? We're going to be talking about that a bit more and then over the weekend, just all hell broke loose in. China So obviously we're going to be talking about that, but before we get into it I Always think it's cool to kind of ease us into the show. You know, just ease us into the show of maybe three interesting things you missed on the internet today. Numero Uno I Just found a pretty cool picture of space and also I just want to give a shout out to latest in space. Pretty cool Twitter account where they just post fascinating pictures of everything that is space deep space. I Think it's cool, so if you like looking at space related things, absolutely make sure to check it out. Another story that's a bit more wild. In 1985, a drug Smuggler threw 15 million of cocaine from his airplane into a national forest in. Georgia The cocaine was found by a black bear who ate all of it, went on a rampage and then died from a massive overdose. R.I.P Pablo Escobar What an absolute. Savage If you didn't see the bearer yourself, I Don't even know if we would understand that cocaine bear was a real thing, a thing, nightmares and or fun times absolutely made out of. but hey, the more you know. Obviously, as my dad always told me, the 80s were one hell of a time and this brings us to Story number three a little bit more serious, at least in the short term. Hawaii's I know I'm just going to push up the word so I'm not even going to try. but the world's largest active volcano is erupting triggering Blood Red Skies and an ash advisory. So if you happen to be watching this from Hawaii right now like please be safe, make sure you're protecting yourself your family if you have loved ones, maybe give them a call, but world's largest active volcano has or started to erupt in Hawaii the first time since 1984 and when they were saying like Blood Red Skies they were not kidding whatsoever. I mean this is something that even Pablo Escobar would be scared by and he had pounds of cocaine in his system. Not many things would scare him, but this definitely would. So uh, just well wishes to everyone who might be impacted by it. Pretty crazy, not only just the fact that it's a volcano, but Ash which is blocking out. Obviously this guy people are breathing in so some crazy crazy stuff there. Uh, just wanted to let everyone kind of know the current situation. So there you have it folks. Those are the three things that maybe you missed on the internet today. Maybe you were kind of, you know, blindsided by some of the bigger stories. And that brings us to right now, we have a brand new, drama-filled action-packed Battle Royale between some of the world's most wealthy companies and people. the first fight is between our boy Elon Musk and also Tim Cook basically Twitter versus Apple Here is everything you need to know in the billionaire battle. This was breaking a little bit to set the scene. this broke a little bit earlier today. the Twitter files on Free Speech suppression soon to be published on Twitter itself. The public deserves to know what really happened Now this would be the point where like you get the record scratch of like, oh, like, you're probably wondering how we got here and this is a pretty bold thing for the world's richest man to say the guy who now owns and operates Twitter and by the way, it's going with the employees, he might be the last guy actually working there. But anyway, this is very much the record scratch of what in the world happened here while I was gone. To get to this exact point, and that leads us to some breaking news as of this morning: Elon Musk is going to war with Apple, taking aim at its App Store fees and claiming it's against free speech. That's a pretty bold headline. he tweeted this earlier on today. Apple has also threatened to withhold Twitter from its App Store but won't tell us why. So that's kind of the thing that started with it and then Twitter and the internet rightfully just completely blew up. It's like what is this about what's going on with Apple and everyone started like digging into the history of Apple accusing them against being against free speech and then obviously a lot of the discussion centered around what's going on with the App Store. A lot of people saying they would get rid of all their Apple products which we'll see how that plays out but also more of really came into focus of basically the 30 fee that Apple has on the entire internet. If you don't know what that means, just hold tight for one second. Elon Musk Claims: Apple has threatened to remove the Twitter app. Twitter Owner: Elon Musk claimed on Monday in a series of tweets that Apple had threatened to remove the Twitter app from the App Store as part of its app review moderation process. Obviously, I don't need to explain this all to you. this would be a massively big deal and it brought out our most favorited spiteful parts of Elon's personality. So if you purchase anything on the App Store just so you know, Apple keeps 30 of it and this has even gotten them into fights with Facebook I Believe Epic Games, it's become very serious legal battles of do they have the right to basically have a 30 tax on the internet? Did you know Apple puts a secret 30 tax on everything you buy through their App Store I Don't quite know if it's secret, it's kind of well known. There's been court cases about it, but maybe this is the first time you're hearing about it. This is very much the equivalent of when the gloves come off in a billionaire fight and it is wild wild wild. Now at first this might seem a little bit benign and maybe I'm off on this particular opinion, but this is getting pretty crazy Into the world of Twitter is one of the world's main public digital forums and if Apple were to follow through on this and right now like they definitely have some pie in their face type of a scenario, if they were to follow through on it I mean there's hundreds of millions of iPhones in use right now if those people don't have Twitter like the whole situation is just getting crazy and I guess maybe the cynical part of me is really legitimately starting to wonder. Has Elon with all of his recent Antics pissed off so many of the powers to be or just the actual powers that they're now trying to fight him? The whole thing is just nuts right here. And right away you get memes. uh, pay 30 go to war Elon and he was loving this tweet. Um, and now it's to the point that even the White House is chiming in on Elon Twitter and his Antics and I think this is a very interesting listen for all of us. This is a critical moment really in terms of ensuring that Twitter does not become a vector for misinformation. I mean are you concerned about the you know? Elon Musk says there's more and more subscribers coming online. Are you concerned about that and what tools do you have? Who is it at the White House that is really keeping track of this. Let's even first appreciate that question. She cited that Elon said there's more people coming online, particularly on his platform. Are you concerned? That was a question that was asked to the White House I'm like hey, are you like should they be able to speak you know freely Is that something we're really about here in the United States So like this is something that we're certainly uh, keeping an eye on and uh, so scary look wildly scary We you know, we have always been very clear. um, and that when it comes to social media platforms, it is their responsibility uh to make sure that when it comes to misinformation, when we, when it comes to the hate that we're seeing, uh, that they they take action, that they continue, uh to take action again, we're all keeping a close eye on this. We're all uh, monitoring, uh, what's what's currently occurring and we see You know we see it with our own eyes of what you all are reporting and just for for ourselves, what's happening on Twitter Uh, But again, social media companies have a responsibility to prevent their platforms from being used by any user uh, to incite violence, especially violence, uh, directed at individual communities as we have been seeing and the President has been. This is spinning this in the most awkward way. like this has nothing to do with that actual question. And as I've said many times before, I Think she has the most difficult job in the world trying to spend what the President does or doesn't say. but a couple thoughts on all of that. First of all, do I want to see billionaires battle it out on the public forum without a doubt? I Think it's just enjoyable. Uh, call me crazy, but I do. But in terms of like, what's good for the fabric of society? I Kind of hope that this gets squashed very, very quickly like I I Very much do. And all of a sudden, especially in light of what we're recently seeing out of. China It really is being highlighted right now how important it is for the population to be able to converse with each other, to be able to talk to be able to cross-pollinate ideas. Now granted, if you listen to that 90 seconds of a response, it was a lot of saying words that have nothing. It was like kind of large vague statements that in reality are grounded in like basically fuck all but I guess I Want to get your thoughts? Maybe am I thinking about this a little bit too much? am I being a little bit too pessimistic or am I reading the whole situation wrong? Truly I would love to get your thoughts. Let me know in a comment: what side are you on? Do you think Apple's wrong here? Do you think Tim's wrong here? Do you think elongs are on here? Do you think Twitter's wrong here? I Mean at first is this just spiteful because the amount of times that Twitter's fact checking system has called out the White House Twitter account is hilarious. So obviously they have a bone to pick. and I think there's just so many interpersonal things going on that maybe my head isn't fully wrapped around it. And like I said, it still comes back to I Want this to be squashed as quickly as possible. but I would love to get your overall thoughts. so please please let me know. And the reason I wanted this story to be first is I Guess my reasoning is the fact of what we're seeing in China right now of why it's so important for us to all be able to talk. and if you don't like what's going on with your government, you should be able to say that without fear of some sort of serious repercussions. If you have no clue what I'm talking about, China is now fully until I Know that's a bold thing to say. You might be thinking to yourself, they were already on help. Well, the developments over the weekend. They just put the pedal all the way down to the metal and this thing is ripping. You gotta check this out. Protests against Rona controls erupt across China and man oh man was it insane right here. government has changed all protesters Rona QR codes the red, effectively locking them down. So this is right around Foxconn which is the area where Apple's production for the iPhone their plan in China This is where it is and people are pissed. This just happened over a week like pure, unadulterated Anarchy and there is a lot of them. So like I said, this is Foxcon, which is the factory for Apple's iPhone But this quickly spread and it relates to a couple things. So number one. this is kind of like almost a dystopian fear of mine, but apparently it is happening in our reality. Right now, the largest quarantine camp in China cities being built has 90 000 isolation pods. Look at this. Look at this. they're just building like their own crazy camps like I've watched this so many times and I can't wrap my head around of how like this isn't some crazy sci-fi movie or a black mirror or something like that. 90 000 in one city. so we're seeing more like a quickly spread like the weekend was nuts in China. So this is in Wuhan So we're kind of hopping from City to City to City here. and I'm just trying to show you like what I can of like just the pure insanity so you can see, um, extreme discontent in Wuhan and also right here in Wuhan The anti-lockdown processors are tearing down barricade shouting. It started in Wuhan It ends in Mulan The people are pissed. This is a good old-fashioned populist. Uprising So we've kind of jumped across from three individual cities here. I'm sure you can find crazy videos on the Internet that all relate to this, but to best explain what's going on here, Many journalists have been going to China or have already been in China trying to cover the story, trying to figure out the Average Joe's opinion on the situation, trying to figure out what the government's doing. And as you can see from the title: BBC Journalist detained by a police during protests. it's all like going sideways really, really quickly. Uh, this is the moment of BBC Journalist was arrested covering protests in Shanghai. So once again, a whole nother. City This really does a good job at explaining it's all over. China Ed Lawrence He's for the BBC Uh, he's right here. Call the Consulate now. uh I Looked into this a little bit more and apparently he was released this morning. So I hope that is like accurate reporting and I want to let you know what's going on, but it it's just truly truly wild and one of the most insane ones. I Saw was right here. We should be brave Chinese People need to be brave. So there was this guy saying this and I'm gonna go a little bit. Uh, so he's kind of walking around with flowers. obviously not aggressive. We should be brave just going back and forth on the street and as you're bound to see, uh, it ends pretty negatively for him. Just everyone freaks out, abruptly, arrested, they try to throw him into this car right here. and I have a feeling that this guy is gone. So absolutely gone. So look at him. how freaking insanely terrifying is that that this is going on in the world literally right now as we speak, Crimes Against humanity like absolutely horrific. So to at least a little bit try to wrap our heads around like what's going on here. Why this all started? It actually started with a fire. How a deadly fire in Xinjiang I Hope I'm pronouncing that right I'm probably not. My apologies prompted protest unseen in China in three decades. anger over their desks combined with mounting frustrations over the ongoing burden of China's Rona 19 controls bullied over this past week in coalescing and mass protests across dozens of China's biggest cities in an extraordinary show of descent against the country's ruling Communist party. What you need to know is there was a fire and because of this whole zero policy, they basically couldn't be helped and people burned to death because of it. If we die, let's die together. Protests can be heard shouting in several social media videos taken. Saturday Other demonstrations: Shannon Deliberate the city from lockdowns. Xinjiang authorities held a press conference on Saturday saying that they would lift lockdowns in low-risk neighborhoods. This would basically to try to like quell the uprising as you could tell it didn't do anything where there were no active Ronin 19 cases and relaxed restrictions and stages across the rest of the region. Much of the city has been under continuous lockdown for more than three months, but by then the unrest had already spread to other cities. and that's exactly all the videos that I showed you. Protests are exceedingly rare in China because of an extensive system of online surrounds and offline intimidation, which authorities use effectively to head off any sign of dissent. But as you can tell in this particular scenario, things boiled over and you're about to see more. They just don't care. They're fighting for a better life. I Think that's something that resonates with all of us? So you have the fire that led to, uh, this whole thing, but there were other underlying things there of why it became so big Young: Chinese Are fed up with lockdowns? They have a zero policy right now and it is very much hampering their way of life. I've discussed this a little bit previously, but things are so ridiculous there right now that if they're watching the World Cup the entire crowd is blurred out because they don't want the population to know that the rest of the world is no longer wearing masks. Protests erupted in Beijing The political Center as well. So obviously a lot of political discontent. Uh, President Xi Jinping He is now serving uh, an unprecedented third term. He is really controlling all the power. He's doing big shifts in business that basically no private business is ever going to succeed now. People are absolutely pissed. and the most recent thing I saw was the protests took a whole new step and it was something I didn't quite understand. So I just wanted to share with you what I found out about it Chinese Protesters are using white paper to resist Ji's covid zero. so the use of blank panker excuse me. The use of blank paper as a symbol of discontent caught on in Hong Kong during protests against the National Security Law invest in 2020. Following widespread Street demonstrations a year earlier, the law pushed by Beijing established a raft of penalties meant to clamp down on public displays of opposition to Communist Party rule in the former British colony by holding up link sheets of paper. Protesters reason that they could be accused of expressing any messages deemed to be successionist. So right here white paper. That's the big protest that is currently going on and this is ridiculous. I Don't think it's any big secret that for a while China was vying to become a world superpower and it was pretty much there. But I think you're getting this populist Uprising that I don't know. It might be crazy. What if this? this? let me just throw this question out to all of you. What if this is the start of the overthrowing of the Chinese government? Maybe they can squash it? Maybe they can. Obviously the odds are probably in favor of the government and the military. Uh, but what if this is the start? Like what if this is literally Domino one in a crazy change of events that just topple the current Chinese government? That would be ridiculous. U.S criticizes China's zero-roneous strategy says Beijing needs to boost vaccination among elderly. So the U.S doing its classic thing of like kind of saying something underhanded, but not really. And they basically said that the people have the right to demonstrate they have the right to protest. Uh, so once again, uh, just a a very tenuous relationship. We're kind of on a tightrope with China and of course the Us being the US. Whenever we have the chance to give them like a little bit of a rabbit punch, we 100 percent will. you know who really hates what's going on Apple Remember how I showed you those videos about Foxconn the factory with the iPhone Well, just because of the current shutdown, it looks like just under 7 billion dollars worth of iPhones are not going to be created Apple share slide as China Factory Unrest fuels iPhone supply concerns and just in one day Apple has seen 114 billion with a B in market value a race in less than a week as investors grow concerned about building iPhone shortages due to China Rona protests so just would shut down the iPhones themselves. probably taking a hit of 7 billion. and now just with all these concerns which are getting worse and worse and worse, it's 114 billion in their market cap just gone Thanos snapped Into The Ether Absolutely ridiculous. Now please let me know. please let me know. am I being a little bit too much of an alarmist, a little bit too much of a a doomsday say or maybe my imagination is getting a little creative. Do you think this is all going to calm down and things will return to the way that they were? Or are you more so aligned with me that this is the start of potentially a historic change in really the makeup and the composition and also the way of life in China Because this is nuts Now granted, maybe I was Doom scrolling maybe I watched too many videos and it was just all gone into my head and that was inappropriate. Or maybe just maybe I'm on to something. Let me know. This brings us on to Burke House Nutrition Shout out to Brick House what you need to know about Brick House is first of all, 30 off. Use the code Health H-e-a-l-t-h That's what you need to know code Health pinned to the habitat in the description of the video Brickhouse nutrition and I actually have this bad boy right here. uh I don't know if I'm drinking I think I'm drinking the normal one but I might also be on the berry one. Uh, these are the two I've tried thus far I finished one and I'm on the other one. and hey, what you need to know about this the tldr. For those of you who are listening, this is just Back to Basics Good Nutrition. This is your fruits. This is your veggies. That's what you need to know. None of the extracts or funny stuff like that. This is literally just instead of all those fad diets and this and that. and if you talk to any doctor of like, okay, what's a good diet, well okay, like probably not that food Square anymore because I think that's been like very viciously disproven. But we all kind of know that you need your fruits. You need your veggies and with this, you could put it on your phone I choose to mix it with water I put it in my protein powder after I crush it on the stair stepper. but check it out if you use the code. Health Once again, you can follow the link or you could just go to Brickhousenutrition.com or follow the link pinned to the top of Chad in the description of the video, the code is Health you can get 30 off. This is the end of the Black Friday deal. Just so you know it's going to change a little bit starting tomorrow. But beyond the fruit and veggie mix, they do have other products. They have some interesting food bars I've tried those I like them. Very popular with golfers and then they the other one that I have to say works really well. but I suggest you only take it at like five in the morning. Is there caffeine pills? I am a person who slugs espresso all day long I took one of their espresso pills and I was seeing sounds. Folks, it kicks you up and it gets you rocking. So if you take the caffeine pill, yes, it very much works, but it works so well I Highly recommend not taking a past lunch and that's just on my own experience with the whole thing. But anyway, shout out to Brick House Nutrition and definitely check out the Field of Greens among other exciting products that they have. This brings us to Crypto so we have to talk a lot of I guess some sad news. but before we get into that I Just posted this first because I didn't want to forget about it I Just thought it was important because there might be some people listening to this who happen to be using or on Kraken in one way or another crypto exchange Kraken will pay more than 360 000 to settle allegations it violated U.S sanctions by serving users in Iran Uh I Want to bring it up in case you're on cracking? I Also wanted to shout out that the US will be playing Iran tomorrow in the World Cup. so go Team USA So a couple things I want to bring. but the big story of the day in the world of crypto is this another one just bit the dust. Crypto firm blocked by files for bankruptcy as FDX Fallout spreads the contingent is getting worse. We kind of knew this was coming. We didn't know when it was going to be, but today is the day they filed for bankruptcy, specifically chapter 11. In the following, the company indicated that it had more than a hundred thousand creditors with liabilities and assets ranging from 1 billion to 10 billion. In the filing, the company listed an outstanding 275 million loan to Fdxus. obviously neither of those people are going to be getting it back and one of the other largest I Guess creditors that they owe money to in this scenario is the SEC because they lost a multi-million dollar case to them earlier this year. So Block Fi if you're on it, unfortunately, it's done so your question might now right now might be. well. Am I going to get anything back? That's something that you just have to wait for the courts to figure out their daily. who buys it? Is anyone going to buy it? Is it? Pennies On the dollar Is it? Are you going to be made more whole? I wish I had those answers for you. Unfortunately I don't Right now, the biggest takeaway from Terra Luna to 3ac to Celsius to Voyager to FDX to Block Fi, there's going to be others that fall. If I had to throw out my guests right now, who's going to fall next, it's probably either Genesis or Si that those two I would say are going to be up next so we'll see what's going on there. The biggest lesson is am I done with crypto? Absolutely not. I per I Really like Bitcoin And in fact, seeing what's going on with central banks, the monetary policy I'm still a big believer in Bitcoin This just means don't keep your Bitcoin on Exchange it I Don't care where you buy, buy it wherever you want. but self-custody is the way to go. And in reality I think most of your crypto should be kept on Cold Storage disconnected from the internet Safe for you. Outside of the world of companies doing well or failing bankruptcy, other legal actions, self-custody is the way to go. Do Not Keep Your Crypto on Any exchange. How many times do people have to touch the hot oven to learn to simply not do that? Unfortunately I Know many people are hurt by Block Five. This is one particularly that uh I didn't have any money with and from here forward. uh I hope depending on who's listening I know some people are going to be impacted I know others aren't going for it. All you can do is be uh, let's say more safe or more astute with how you handle this type of stuff. Stay away from some of these crazy tokens and coins that promise way too much. If it sounds too good to be true, it probably is. I Think this is one of those things of come back to the basics and what is the best way to safeguard those digital assets right now with all this craziness. I think I am most confident in Bitcoin I Know I'm most confident in Bitcoin and I vehemently would argue with anyone that the only place you should store any of your crypto is in your own control off exchange. definitely not on any of these trading brokerages. You don't even own the crypto at that point. Uh, please please please protect yourself. How the FTX death spiral spelled Doom for Blockfy according to bankruptcy filing. So if you want to check this out, it's on. CNBC I Don't think we necessarily have to really really get into it, but the Tldr is block Five was going under FTX gave them a cash injection. they said all your unused money has to stay with us and we know why they were. Things we're saying with them is because they were doing things funny things with their funny money and they needed all that money and they were stealing it for Alameda Complete fraud even though I'm no lawyer I don't speak legalese I mean I know the definition of Fraud and it seems like what's going on here was fraud and even though they got saved, the company that saved them FTX Saving Block by it wasn't really a savior, it was just a uh us an extension if you will in the death of Block Fi. Speaking of FTX wild things happened over the weekend. absolutely insane things the Bahamas has hit out Hit out a extremely regrettable criticism from Fdx's new CEO after the NASA based crypto giant collapsed. Um, so interesting things going on with all this. What you need to know of the upcoming things is: Wednesday of this week there is a New York Times deal book uh meeting and it's expensive. It's like 2.4 K just to get there and it's it's just a big New York Times like meeting but apparently Andrew Sorkin's going to be there and also allegedly he will be interviewing sandbagment free. On top of that, the other Insanity of what's going on is that Bit Boy crypto who we just dropped an interview with. If you haven't seen that, you gotta watch it. There was a lot of Bombshells in that particular episode. He spent all weekend in the Bahamas basically trying to track down Sam Bakeman Freed and he blew up Twitter Crypto over the weekend. It was truly insane. Like he found his place, he found his car, he was getting all into it. Truly ridiculous stuff. Uh, so if if you have a little extra time and if you need a couple laps, uh, definitely check out that. Not only that interview, but particularly what Bit Boy was getting up to over the weekend. Insane stuff. Another one FTX invested 11.5 million into Farmington State Bank The 26th smallest bank in the country with only three employees with a net worth of only 6 million, It's hard to believe that Regulators would have knowingly allowed FTX to gain control of a U.S bank. And there's more to it. Before the acquisition, Farmington's deposits had made a steady of 10 million for a decade. In the third quarter this year, the bank's deposits jumped nearly 600 percent to 84 million. Nearly all the increased 71 million came from just four new accounts. The fact that an offshore hedge fund a crypto firm was buying stake in a tiny, tiny bank for multiples of its stated Book value should have raised massive red flags for the FDIC State regulators and the Federal Reserve It's just astonishing that all this got approved. This was posted by the New York Times and it is wild. Uh, clearly this was a setup for some other illicit nefarious dare I say a legal activity. This is insane. Like, clearly this feels like it's out of an episode of Ozarks or like a play out of Bernie Madoff's book or just something absolutely ridiculous where you had a foreign legal entity that happened to be crypto overpaying for a bank and then right away numbers started to explode I don't know if it's laundering I Don't know if it's hiding, but whatever was going on should have thrown the most extraordinary massive red flags. and one of two things happened either: The Regulators Paying attention to this, we're asleep at the wheel or the other most likely reasonable option is that they were in on it FTX says its resuming ordinary course of salary payments I Know that's quite the title for you after all the craziness we just saw FTX resuming ordinary course of salary payments now I Don't know if that's the craziest thing I Read today about FTX or if it's this one. according to a recent court filing, FDX owes more than 50k to a beach resort in the Bahamas called Margarita Ville 55.3 000. do you know how many Margaritas these guys at FTX were just crushing. To possibly get the numbers that high, they Crush 50 000 worth of margaritas. This is just ridiculous. Absolutely insane. Mark Cuban Still believes in Crypto's fundamental value, but things Fdx's Sam Bakeman Freed is headed for jail now. I didn't bring this headline up for you I was like oh wow yeah I guess he should be in jail I think we're all kind of on the same page there I Don't think this is some sort of bombshell hot take if you will I Wanted to talk about the first part. Crypto's fundamental value. Yeah. I like the store value away from government I like Bitcoin I like this digital asset. The second part of headed to jail. it's more of why is he not already in jail? Why is this most likely the largest financial crime ever committed by man? Why is the dude not in jail? What in the world is going on? And obviously I can leave that up to all of our imaginations. But to me it just seems like the right people are on his side. the right people got the right political donations, the right people were paid off the right people for whatever reason have a soft spot for this absolute psychopath fraud and he's still just chilling in the Bahamas Or it's just pure corruption. There's a lot more you never hear about. FTX is just the tip. Government corruption. We've seen corruption we haven't even seen yet. It's probably this scenario. It's probably this right here. of just it. probably goes unfortunately way more deep than we would ever imagine and we're just left with what we can see and even that part is horrific. Long story short: FTX couldn't get bank accounts so they used Alameda's bank account to work around the problem. Ah yes, bang fraud was the workaround some work around. Fun fact: Binance does the same thing with Silvergate before when I was talking about either Genesis or Si going down. SI is Silvergate I Think they are next up to collapse. Silvergate is crazy. I've just done an intro amount of research on this situation and it seems to be like a global scale of money laundering. and I have a massive interview plan for all of you that will get into the nitty-gritty details of this. Uh, after speaking with the person that I'll be interviewing I hope you don't have socks on when you watch this interview. It will be dropping this week and your socks better be previously removed because if not, they will be absolutely knocked off. So I just wanted to give you a little bit of foreshadowing of where the Soul Silver Gate thing is going to go. Investing in crypto was dangerous and Bitcoin could plummet to 10 000 billionaire investor Mark Mobius says to wrap up the crypto part of this. not only did I want to point out the odd looking nature of almost every single billionaire I guess I just wanted to get your thoughts. Do you think crypto's done though I truly do believe in the future of Bitcoin and I guess I can be persuaded to believe in the future of Ethereum Beyond Those two I'm pretty much done with all this shit, but ten thousand? Like is that just going to be the base? Like if it hits 10 000. Should we just buy there like I Don't know I haven't completely thrown in the towel the there's a big difference between crypto and the crypto industry. What we see with FTX is good old-fashioned fraud. What he did was already illegal. a hundred years ago it was. This wasn't specific to crypto, which has happened in a crypto industry. With this though, I mean as I see the central bank as I see the Federal Reserve continually taking missteps I think that just bolsters the case of the long-term value of Bitcoin There's 21 million. That's the most there's ever ever gonna be. It's not an inflationary asset, it's there to fight inflation I don't Maybe I'm Wrong on it and maybe in a decade or two I'll be proven wrong. but I I just I I Just don't see it all right. Let's get into a little bit more of the timely stuff, especially for all my degenerate traders that are in here. Uh, so today we had two different Fed members speaking. The main one was Bullard he spoke with MarketWatch What you need to know about that is he basically said yeah, no, uh, we're still seriously fighting inflation and we're not done with interest rates and 2023, we're still going to be hawkish. A lot of people said yeah, we kind of knew that. but also, who cares what you say because you're not a voting member in 2023. tomorrow at 10 A.M we get the consumer confidence index that's important on Wednesday we get the GDP revision report very very important. on Thursday we get the Pce and initial jobless claims and then on Friday we get the unemployment report. So really, as we continue every single day of this week, we're just going to get more and more important macro economic reports. So I want everyone to know that very quickly. In the world of not digital gold, but black gold defying forecasts, crude oil prices have wiped out most of this year's gains and could head lower. So right now with the demand going lower because of what's happening in China and Supply may be going up a little bit right now Chevron has the green light to start producing oil once again in Venezuela. So Supply up demand down price should follow. At first, that brought oil down. In fact, we went from about 80 to pretty low. We went to 73. But as you can see, we popped. Uh, we popped to about 77 And you might be wondering, why did we park? Well right here? Oils up an impressive five percent from today's low is OPEC and its allies is said to consider another production cut. So right there. kind of saying the opposite of what's going on in the world of Supply So I wanted to bring that up to you that yes, oil did have a pretty nice pop and I'm still very much bullish on oil and I'm particularly invested in Occidental Petroleum I'm just saddling it up with my boy Warren Buffett So I Just want to let you know about the crazy chaos in the world of petroleum today in case any of you were watching it. Now that's what I have for you on this episode of The Mad Core show but more than happy to stick around for a hot second and answer any questions you have. uh, questions, comments, concerns, uh, whatever it is. any of the stories today I mean I I think a lot of you uh, saw, uh, the I guess absolute like idiotic Twitter fight I got into today and just wiped the mat with some of these asshats that live on Twitter Uh, if you have questions about that, I'm happy to uh, further expand upon any of my viewpoints. Uh, if you want to talk about crypto if you want to talk about FTX Um, the only thing I really couldn't tell you is who the guest is gonna be for the interview this week because it's going to be a big one. It's going to be exciting. There's going to be a lot of Bombshells and I'm excited for that to go out. What else do we have? Um, oh, if you haven't already, while I'm waiting for some of these questions to come in, if you guys could help me out, I would truly truly appreciate it if you could hit the like button on YouTube helps with the algorithm and then hit the like button on Rumble helps with getting us onto the battle leaderboard and in both cases, it really just shows how dominant The Goonies Community is. Because really, when it, when it all boils down to it, we know we're the best community. We Know The Goonies are the best community. so it's just another way to let the world know And obviously, don't forget to subscribe subscribe on YouTube subscribe on Rumble We're actually almost at 54 000 on Rumble so that's excited and we're trying to recapture 350 000 on YouTube. So wherever you're watching this, if you enjoy this type of content, if you enjoy with the Moon Gang, production team puts in our effort. If you enjoy this type of stuff, make sure you're subscribing and turn those notifications on to always turn around. Tuesday That is a phenomenal question. That is an absolutely phenomenal question and we are perfectly set up for a turnaround. Tuesday For those of you who don't know what turnaround Tuesday means, Basically, if you have a red Monday especially a drop in excess of one percent, the odds of Tuesday being green are extraordinarily High A Monday drop more than one percent. Today we dropped 1.6 The odds of Tuesday being green are extraordinarily high. So the odds of tomorrow being green? That's what I would bet on. Is it a guarantee? Are the odds 100? No Because the market sold off for good reason today because of China But let's say things calm down. Just for a 24-hour like period. There's a good chance that yeah, tomorrow could be very green. That's what the odds tell us. if you were to take every turnaround Tuesday trade as in when the day prior is down more than one percent going long on Tuesday Buying into the market being able, that would be a net profitable strategy for you. Yeah, did you dump cardano yet? I Still have it? Um, do I believe in it? I'm very, very concerned. not about the project, but the fact that the SEC might destroy all this stuff. I Mean outside of the world of Bitcoin they can pretty much declare anything in security at this point if they so choose, so it's not necessarily concern about the project. It's more so concerned about what our regulatory body is going to do. How do you have time to make such amazing thumbnails every day? By far the best I've seen around. Um, it's because it's not just me. This is not a one-man show. Uh, I don't make any of my thumbnails when I make thumbnails, it's like the particularly shitty ones. Uh, my thumbnail producer is also uh my uh or my thumbnail crater is also my producer. He's in chat right now uh, chaos and Roswell I think he's in both chats but he is the our taste in our um, particular corporate structure. Uh, can you explain why crypto as the security is bad? Um, it depends what point you want to look at it from. So if as a security from the crypto Maxis they're gonna say well that means it's not centralized and we want the anonymity or related to crypto. We don't want this oversight where the government and these exchanges know who's who and what's what. Um, if you look at it if you have like, no qualms with that particular aspect of it. um, a lot of these right now they are going to get in serious trouble because they sold Securities to the public trying to raise money and you can't do that if it's not already declared as a security. so particular projects might get like serious Vines But in the overall crypto ecosystem, uh, it's kind of a hit against decentralization. What's my two cents on? Luna Classic I Am thoroughly surprised. Insanely surprised it's already not at zero. The fact that it's trading at even a fraction of a penny blows my mind. Uh, Luna's done and I just don't know how it's Not at Zero. Yeah, bro, where are we at with AMC AMC dropped 2.4 percent today ape dropped 6.6 today. Um, AMC has not been doing well. A big reason to that is there's just not many big blockbuster movies being produced right now. Um I Also think that a lot of the Eight Movement is getting pissed off at the CEO of AMC Adamere. Before we get into this: I Want to make one thing explicitly clear: I Still own AMC I Still own Ape. You can see it all. It's on public. It is all publicly available on public. You can see what I'm buying. You can see when I'm selling it. You can see what I'm invested in and you can see that I'm invested in AMC Ape Gme. So let's get that out there. I am in AMC slash Ape. Uh, basically for all of you I view it as my admission ticket for being able to publicly fight for retail Traders and investors. Uh, it has nothing to do with the suits that run these companies and Adam Aaron is a suit. but Matt you can't say that we love Adam Aaron Uh, you're First of all, you're coming off as like kind of a simp sycophant. He's a suit and I have the proof to back that up. Over the past year, he sold so much AMC that he personally profited 40 million dollars. 40 million dollars if you include the entire C-suite team, the leadership team of AMC they made 100 million dollars. So this is the scenario because of Rona The company was cratering and then there was a massive cultural movement that ended up saving him. And you know what? the thank you was from that leadership team for saving their actual jobs because they were not running a company that couldn't you know withstand those extremely tough times which I'm not saying that's an easy feat by any means, but this is factual. They the company would have been bankrupt, they would have lost their jobs. You know what their thank you to everyone was was to publicly have a display of were for the Apes Uh, the shorts can choke on that wind pounce. They would talk the talk and then they would just sell like they wouldn't They would talk the talk and never walk the walk. So their thank you was basically oh sick. Thanks for saving my job. Thanks for making me an extra 100 million dollars worth selling. We'll catch you later. To me that's two-faced that is. Ah, and like what do you expect from a suit. You know what they say? You know? My grandma always taught me you can trust a suit as far as you can throw them. That's what it is. A suit has nothing to do with what you wear. It's a state of mind and that's what these people are. They took advantage of the exact same movement that saved them. but Matt They donated fifty thousand dollars to a Gorilla campaign. Do you not see how they played you? Do you not see how? and I don't mean you I mean the editorial you I mean our group. Do you not see how they played our group of like oh wow they love the Apes They donated fifty thousand dollars to an Ape campaign. Well I Hope so because they made a hundred million fucking dollars. Dude, it was all smoke and mirrors. Like are people not seeing that? I Hope that either AMC is acquired or a better leadership team comes in that truly understands that they have the most fantastic investor base that was ever on this planet. I Truly from the bottom of my heart believe that retail apes are the best shareholders you could possibly have. and I think that Adam Aaron spit in all of our faces and he is a mediocre businessman and he is an excellent con man I respect what he was able to pull off. but that doesn't mean it was moral. That doesn't mean it wasn't nefarious, mediocre businessman. Phenomenal con man. And that's exactly what he did. How can we get a A to speak about Ape? Um I don't think he's going to because he knows he backdoor dilution. No one wanted dilution, No one wanted delusion. We it was a proposal and everyone's gonna vote no. So they pulled the proposal. So right there you know that the shareholder base the vast majority of the shareholder base did not want dilution. So you know what they did. They created something that was back door dilution and then they covered it up and the fact that like we'll call it ape the AMC preferred Equity unit. we'll call it Ape. So people fucking fight about it endlessly on. Twitter because it looks like we're throwing them a bone and they just people aren't accepting the fact that he fucked us like this isn't crazy folks, this is. This isn't an opinion. this is what happened. There is a reason that Ape is down 80. Actually, today it hit an all-time low and it's down more than 80. I Believe it's down 85 and they've only completed 3.5 of the dilution. They have raised 36 million dollars against five billion dollars of debt at an 80 drop of what you have and what I have have That's fucking insane. That's absolutely insane. Uh Matt I think you should join Rico's Discord Lord MC consistently hits 50 option plays. It's based off harmonic training I Think you have um, better content but they are better. Traders Um, maybe Lord MC is I have no idea who that character is Lord Dempsey might be a phenomenal Trader Uh, but Rico is a joke of a traitor. He is a sad little pathetic drunk who got many people to lose a lot of money because he was guaranteeing that ape was about to rip when it was being deluded. So either he's intentionally devious and was deceiving the people who pay him or he is so stupid that he thinks something was going to rip when it was being actively deluded. Whatever the answer is, he doesn't know what he's talking about. He's a sad, pathetic excuse for a man. Maybe this Lord MC Guy is awesome I hope he is I hope watching this I hope you find someone if you don't resonate with me I Want you to make money I want as many retail trainers and investors to be in the market as humanly possible. You find whoever you resonate with and I hope they make you money. But that guy is a absolute scam artist. He charges the people a hundred dollars a month for what to be off on his call outs. Apes Gonna rip to 60, 70 80.

he was off by 98. He's pathetic. It's a joke. Uh, whatever you're doing, if your portfolio is green, stick with what you're doing. If it's red, you might need to switch it up. Do you still hold AMC map? Yeah, uh, it's all publicly available. You can see it on public. but I do I own AMC I own ape I own Jimmy Uh, when will we hear Adam Aaron talk about the retail ownership of AMC I Assume you are only going to hear him talk about things when it personally benefits him to talk about said thing. AMC Just dropped their merchandise today. Selling out merchandise is not gonna in any way help with five billion dollars of debt. I've sold merch and just the margins on it. It's not there, it's They're probably going to make less money off of merch and profit than they did off of their hymc investment. Uh, you're talking fractions of a drop in a bucket that needs to get filled. It's just. you're not going to turn that around. Pissed off Matt is the funniest man I can appreciate that. Um, but I guess it's also just coming from. There's so many absolute scam artists in this world and they like to posture as if they're a good person. They're so full of shit. they are so, so incredibly full of shit. Um, and it doesn't matter if it's uh, nobody's on the internet such as Rico or if it's more powerful people such as Adam Aaron if people are doing fucked up things and it involves your money, if it involves my money, why would I not use my platform to call it out I've been gifted this platform from you Absolutely phenomenal people. It is. the most minimal thing I can do is when I see bullshit when I hear bullshit I Need to let you guys know about it because at the end of the day your Financial Health like if we think about this in the greediest of terms I very much want you guys loving the market because that means you keep coming back and it means you want to learn more about the market. But all of a sudden if you get a negative taste in your mouth because you were duped by some sort of scam artist, you're gonna leave. and I I mean maybe this is a little ideological of me I Still believe that there's been no vehicle created that is better than Wall Street and the markets and increasing your financial situation of increasing your assets of improving your life, there's no more efficient vehicle that we've ever ever created. and that's why I Love the market and that's why I will fight endlessly to ensure that it doesn't get overrun by the asshats on Wall Street and also the asshat grifters within the world of Twitter Reddit Whatever Have you I Accepted We got screwed and moved on. Part shooter. Uh, are you expecting a good, healthy market for Q1 2023? No. Uh, Bailey I'm a little bit more optimistic about Q2 and Q3 of 2023. Uh, because we're still going to get rate hikes at the start of calendar year 2023, so I'm waiting for that to kind of end. All right. Looks like things are slowing down a little bit well on your way out. Uh, if you could, don't forget to hit the like button. don't forget to subscribe if you enjoy this type of content. and also show our two stream sponsors A Little Bit of Love Field of Greens with Brick House and also Enviro Cleanse with a variety of products that you're going to enjoy. Today is the last day of the Black Friday sales. so on Enviro Cleanse use the code Rumble for 35 off and then for Brick House AKA Field of Greens use the code health for 30 off. That's what I have for you. We'll be posting some content later on tonight and then we will be streaming once again tomorrow morning 9 A.M Bright and early I Hope to catch you there I have a B-e-a-u to full day.