➡ Raf from the Endgame Investor and Phil Low of the Bitter Draft had a podcast with guest Johnny Bravo, a technical trader. They discussed Johnny’s journey from being a teacher to a YouTube influencer, teaching people how to start businesses and trade equities. They also touched on the concept of money, the role of liquidity in the economy, and the potential end of the dollar due to inflation. Johnny emphasized his openness to any questions and his commitment to providing value to his audience.
➡ The speaker discusses his strategy of following the market’s movements, buying when it goes up and selling when it goes down. He also mentions his business of selling tools (shovels) for trading, which he admits makes him more money than the trading itself. He shares a success story of a student he mentored who made over $100,000 in a couple of months. Lastly, he advises holding onto gold and silver as they keep up with inflation.
➡ The text discusses Hayekian economics, explaining how trading works and how items can become a medium of exchange, like money. It argues that paper dollars are not real money but a credit note, and that real money is a physical commodity like gold or silver. The text also suggests that the stock market is inflated by these credit notes and warns of a potential financial crisis. It concludes by stating that most money is debt, and this debt can disappear when it’s paid off or defaulted on.
➡ The discussion revolves around the concept of money, its value, and how it’s tied to commodities like gold. The speaker argues that the dollar, despite being a form of debt, originally represented a certain amount of gold. They also touch on the dangers of unrestrained currency printing, leading to economic instability. The conversation ends with a discussion on trading and investing, emphasizing the importance of understanding the risks involved.

What is money? I’d love to hear your guys take on that in under 30 seconds. Actually, no one’s been able to answer this question in my entire life. What is money? Come. Where does money come from? Oh, you’re talking to the right people. We. We can. We can answer that question. 1, 2, 3. Hey, guys, Raf here from the Endgame investor with my friend Phil Low of the Bitter Draft and technical trader Johnny Bravo. I didn’t expect to have him on the show at all, but Phil, with his big mouth, mentioned him in our last podcast together, and he actually commented below, asking to invite, you know, wanting to respond to whatever Phil had said to him or about him.

And he’s on the show now, so it’s a real pleasure to have you on. And thanks for coming on. Oh, absolutely. You’re welcome. Yeah, yeah. You’re a great sport for coming on. Thank you. I’ll tell you, one of my. I got one of my subscribers, and I think they wanted, you know, if there’s anything juicy, any tea, they’re like, ah. They’re talking crap about you. Bravo. Oh, my gosh. This is crazy. I can’t believe. And I’m like, all right, let’s do this. And so I jumped over there, and I’m like, hey, guys, whatever you want. Let’s.

Let’s go. Wait. So my first question has nothing to do with finance. I’m just curious. It’s my hair. It’s my hair. It’s my head. Schwartz. It’s my head. It’s not the hair. Actually, you kind of remind me of John Malkovich. Your voice a little bit. Oh, really? Yeah, yeah, because he. He. Dafke. Didn’t have any hair, but you kind of have the same inflections. I’ll put it in. We’ll do a comparison. Malkovich. Malkovich. Malkovich. But anyway, before. I’ll give the mic to Phil after I ask this question, but how did you end up with Johnny Bravo? Are you related to the cartoon? Do you know any people there? Are you behind the cartoon? Are you the creator? And if you aren’t, did you have to license the name? No, nothing.

I just ripped it. So how it. How it transpired was the YouTube channel was my original name, which is really long. It’s actually William Augustus Stenzel iii. And in marketing, it just doesn’t do well when people are like, hey. You know, and then. And then. Then the comments, everyone was like, yo, Bravo, yo. You know, Johnny Bravo. It was always Johnny Bravo. So I had to just constantly, like, you know, and then I put up a poll, and this is probably. I don’t know, maybe five years ago, six years ago. I’ve been doing the channel for probably eight.

And I said, if you want me to change it, if it’s, you know, 95 or above, I’ll change it. And, yeah, it was like 100. So I just went with Jay Bravo. And so here. Here he is today. All. All in his hairspray. Have you. Have you ever feared Cartoon Network knocking on your door and asking for royalty? No. I will see you in court. It would just. No, it would just be a. Because it’s just the letter J. And then Bravo. Okay, so, yeah, I mean, it’s still kind of a stretch, but whatever. If they want, I can change it to something else.

But just. Maybe. Just Bravo. But. But I could take it. But I just want to let you guys know, I am just for your audience knows, we have not had any conversation whatsoever. So it wasn’t like, you know, we pre. Talked and what are we going to talk about? And I just want to let you guys know, I’m a complete open book. You could ask anything you want. Anything. Okay. All right. I mean, I’m gonna keep it to certain topics, except for what happened in college, But. Yeah, just because you cut down one tree doesn’t make you a lumberjack.

Right? I have been to the dark side. I have seen a world that no man should see. All right, I’m not gonna ask you about what happened in college. Okay, so what I. What I said at the beginning is I’m going to ask a question, and I’m going to answer it. And then. And then you play off of that. And then, Phil, I’ll open it to you. So my first question is, what exactly is it that you provide to the market? Because I’ll answer. I’ll answer it before you get to it. And I’m not coming at this from a direction of, oh, all technical traders, they don’t provide anything, and they just make money, and they don’t put anything into the economy.

I’m not coming from that direction, because you do provide something. Like when I say, what is. What does a tire salesman provide to the economy? Provides tires. And he makes money because he buys tires for cheap and sells tires for expense. He buys tiles, tires low, sells tires high, and he makes a profit. That’s what everybody does. Right. So the question is, what. Not what are you providing in terms of your. Your subscribers? I’m making them money because I’m telling them how to trade. What is what’s the, the service that you’re providing to the economy as a, as a greater whole? And I think the answer to that question is liquidity, right? If you’re, if you’re buying, if you’re buying low and selling high end stocks, what you’re doing when you’re buying low, you’re buying from sellers and then you’re selling to buyers.

That’s basically what a market maker does. And what he’s doing is he provides liquidity for buyers and sellers so that buy. So that buyers can buy at lower prices and sellers can sell at higher prices. Did I mix that up? Well, look, whatever it is, you’re providing liquidity to the market now in a market where, where there’s so much money printing that, that, that spreads liquidity out throughout the entire planet, right? There’s like a rush of liquidity, especially since COVID So in that environment, it would need a lot of people like you to direct the liquidity to, to, to buyers and sellers to make it more efficient, just because there’s so much of it.

Now the problem where we come from is that at some point that, that money printing is going to stop and then there’s going to be a lot less need for people like you who technically trade and there will be a lot less opportunity to make money because the liquidity is going to dry up the dollar liquidity at least, and it’s all going to go back to gold. So do you, do you foresee, in terms of money, the end of the dollar? And what do you see as your role in, in such an economy where inflation just totally destroys everything? You’re asking me, right, Rafi? Yeah.

Wow. That was. Okay. That was like a five point question. Okay. Because I am moderately like stupid. And I was so excited, I’m like, oh, I know the answer. And then you said it. I’m like, ah, shoot. So, yes, I mean, from like a macro perspective, liquidity, if you remove that, it’s more. Why. Let’s go to like the heart issue. Why do you do what you do? Why? You know what, what is it that you bring? Like, I taught high school, I taught university. I’ve owned everything from day spas to software companies and all that kind of stuff.

Sorry, what did you teach in university? I’m just curious. Oh, I taught teachers how to teach and I taught like finance. Oh, cool. So, yeah, that way they didn’t suck because most teachers suck and I hate school. And then I go and you know, whatever. That’s, that’s. So I just, I Like school, teaching school. I was like the teacher that went in there and I’m like, guys, you’re not going to use any of this. Just trust me. I think I got another path. And so, and then I’d always almost be fired. So I would order like pallets of fidget spinners, give them to the kids for a buck.

They’d sell them for 20, they’d make money. They’re like, wow, this is how I want to live my life. So I guess I’m providing liquidity there. But everything that I taught was start businesses and trade equities. So once they got the money going in their businesses. Now I’ll tie this around to what, what you asked, just so, so it doesn’t look like I’m chasing squirrels, which I usually do. So I did that for about 23 years and then I just had more. I could solve more problems on YouTube with a larger audience. So I did that.

And I basically just carried over what I did from teaching high school and college to now on YouTube. Providing liquidity and making people’s digits go up, which I found over time it actually does work. I’m not selling anything that’s like, doesn’t work. It’s a scam. I mean it’s. I, I probably have, I have about 50,000 students that have purchased the course with a 0% refund rate. And the amount of people that I emails every day of like, wow, this really works. I can’t believe it. So who’s that handsome guy? Hello, 911 emergency. There’s a handsome guy in my house.

That’s what I like to do. That’s why I do it, is because someone that’s like, man, an extra 400 bucks would really help. Okay, just click here, click there, click there again. Ta da. And it sounds stupid. And I never thought that I would do, I would take my portfolio and swing it. So like on the S P500, you guys are familiar with like the MACD, just simple nine day moving average. I call it the Bravo 9. And it would swing and it would get one candle close above the nine day moving average, which is the Bravo 9.

And I would take, move my portfolio up and then when it got to the top, I would close my position and then wait for it to go one candle close below. And I’d follow it down and it was like, oh my gosh, this actually works. So that’s what I’ve done forever. And then I just carried that over onto YouTube. Now you have other questions about the dollar. I’d love to get it. This is super interesting, but Rafi does that. Did you have any or either of you guys, you have any questions about me clicking a button on a screen, not really caring like, am I providing? Yeah, I’m providing liquidity.

But any questions about that before we go into the dollar and, and money printing and all that? Sure. For the record, I think people backed me up in the past. I never accused you of running a scam. What I said was you are to use the analogy, if you imagine the gold rush in 1849, a bunch of people showed up and started selling shovels to the miners and people. It’s not a scam. People want the shovels. My question, if I had a criticism, I would say The Bravo Matic 5000 shovel is a very expensive shovel. The question, the question isn’t, does the shovel dig gold out of the ground? The question is, does the Bravo Matic 5000 dig gold out of the ground faster than the Home Depot shovel? So I’ll let you, I’ll let you post what, what, what evidence do you have that your shovels work better? Yeah.

Well, so back testing would be one, to, you know, everyone who does it. 3. How did I miss two or three that it is true about shovels. The one who makes the shovels makes the most money. So I’m not stupid and I’m not going to lie to you and say that I don’t make more money selling shovels than I do on the swings. Well, I don’t. It’s still pretty damn good either way you cut it. But I’m not, you know, so it works and I, I’ll show. And people buy the shovel and they also have the gold, which I’ve been preaching gold and silver for eight years too.

I’m like, own gold, own silver. And if you want, you, you can move the, you know, SLV or gld, make those digits, go up with your shovel, and then buy more gold and silver. So, yeah, and I have about. I mean, if, and if you do the. What you probably saw was I have an AI company that trades. I have bots that then trades my patterns that then we put AI on top of it. And it’s very expensive to run. That’s Chart Prime. And they, it, it trades my strategies with AI and it’s one of the only companies out there and it’s one of the only companies out there that’s real.

And I don’t want to go into when I say when it’s real. I just know the other competitors and I’LL just leave it at that. Human decisions are removed from strategic defense. Skynet begins to learn at a geometric rate. It becomes self aware at 2:14am Eastern Time, August 29th. But this is a very. And, and my audience and I show all my numbers every day whenever anyone wants it. I’m on mobile right now. I’d love to show it. I just would end up closing my foldable phone and never finding you guys ever again. But, so that was.

We ran a chart prime. It was like 2500, I think for the year. But I make. I was making $1500 a day letting the bots and AI trade. So. And that’s up to them if they want to or not. Then there’s like, do you even know how to trade? Then there’s my course, which is 299, which, I mean that’s. You could make that up in a day. And I actually took a student and I’m sorry if I’m long winded, you guys can always cut me off. Are we okay? Okay, yeah, yeah, yeah, Keep going, keep going.

I’ll cut you off soon. I usually am not long winded. I hate talking. What was I saying? Oh, oh. I took a student and he reached out to me and I kind of got his background and I’ve always wanted, I love mentoring people. I like meeting someone like my high school students. And then one of the kids went on and created movement watches and sold it for 300 million. So it’s like. And, and, and, and it’s like, well, I’m broke. Well, crowdfunded, Jake. Okay. Crowdfunds it. And then he starts a watch company and sells it. And so I took this, this kid, this, this adult.

This is just recently, probably over the last five months. Broke, no job, early 40s. But he had a real desire. He’s like, I believe it, I know it, I know it. And what else? Oh, he has Asperger’s. I mean, any. No money in the bank. I’m like, show me your bank account. I’m like, if I’m going to. And it was terrible. I’m like a terrible mentor. I’m like, okay, you got to listen to everything that I said. You got to. Don’t question anything. He’s like, all right. And then he starts like, okay, that was one question.

You can’t do that. So, yeah, zero in his bank account. And I said, in one year I’m going to make you a millionaire. And he’s like, I don’t believe you, but okay, let’s do this. So he’s he cleared the over 100,000 mark within the first. I would say month and a half, maybe. Maybe two months. And so I’ve been working with him, but. And that’s what I do with everyone. It’s like, we’re gonna start here, and we’re gonna go up to here, and it’s with businesses, it’s with gold and silver, and it’s with clicking buttons on a screen.

Okay, so wait, that interests me. What do you. What do you. What do you advise people with? Go. How do you. What do you do with gold and silver? Do you just stack them or do you stack a percentage and then trade some other percentage? What do you do with those things? Hold it. Gold. You just. It’s like Bitcoin. You just hold it. I don’t. It’s just a cool, shiny thing, and it keeps up, you know, it should keep up with inflation. It’s just, you know, old people money. And it. And it just keeps up with money.

Well, it keeps up. Which. Which I want to go into. What is money? I’d love to hear your guys take on that in under 30 seconds. Actually, no one’s been able to answer this question in my entire life. What is money? Come. Oh, I broke the window again. Where did this money come from? Oh, you’re talking to the right people. We. We can. We can answer that question. Okay, so very, very simply. I’ll give my. My very quick answer, and then Phil will give his very quick answer. Money is the. Is like. Money is the most liquid commodity in an economy.

If there’s a group of people trading things, they suddenly. They eventually realize which trades are which things trade better than other things, and then they hoard that thing in order to make other trades. So it’s like the question of what is the hardest substance in the. In the. On the planet is diamonds. Nobody created diamonds. Diamonds are a natural thing. So there is a most liquid commodity in an economy and the most liquid one in any economy. In prisons, it could be a tins of mackerel. But in a global economy where we have access to everything is generally gold and silver.

And so most trades are made with those things. And then you can name the various properties of gold and silver which make them the most liquid commodity. But that’s just. That’s just describing what actually is the most liquid commodity, because everything really is barter. And money is just barter with the most liquid thing. That’s all it is. And everything else is derivative. On top of that, dollars are derivative on top of the money. Which is gold and silver, and then you have deposits derivative of cash money on top of that, and then you have bonds which are derivative on top of that.

And you have other things like bitcoin, which is a derivative of a derivative of a derivative of a derivative on top of everything. And. Phil, what’s your answer? Sure. So this. You probably more sophisticated than this answer requires. I just wanted to, for the, for an audience member who may not be, you know, fluent in Hayekian economics, if you go to a market and you have gizmos and you want a widget, and there’s a guy trading widgets, but he doesn’t want a gizmo, he wants a doodad. So you take your gizmo and you go to the doodad salesman and you trade your gizmo for a doodad, and then you take your doodad over to the widget and now you have what you want and the other guy has what he wants.

Right. The doodad became a money. Whatever that thing was in the middle, but that was the medium of the exchange, became the money. However, the paper dollars that we are using as a money, they are a note of credit. They are simply a note of credit. They are not money in itself. They are a note for gold. They are gold notes for which the Federal Reserve has printed 90 million tons worth of gold, against which it has 8,300 tons. So we, it is, it is our philosophy that we are inexorably heading back into a sound gold standard.

In the meantime, as those dollars are being created, they are being put somewhere, and where are they being put? Into the stock market. So everyone who is participating in the stock market is doing very, very well. When those dollars migrate over to consumer goods, we are going to have some sort of financial panic, probably on a large scale. We might be having that already. Yeah, we might be having that already. We’ll see. So to answer your question, it’s a commodity. Money is and must be a commodity. It’s a physical thing. It’s not. It’s. It’s not an agreement between people.

It’s not a social contract. It’s a thing. It’s a thing that exists. And then you can have agreements of what other things represent that thing, but it always has to go back to the original money because prices must reach back into the past, otherwise they make no economic sense. So therefore, everything goes back to gold and silver ultimately, and that’s where everything will go back to once the pyramid that’s built on top of it all collapses into nothingness. So Accidentally, you hold. You are holding an enormous amount of money. Probably. I mean, real money. God’s money.

Well, I. I wanna. I wanna go back to. This is so great. I’m so glad that we’re having this conversation because I think both of you guys are right, but you’re also 100 wrong, so. I know. Don’t you? What? I know. Right? This is great. Okay. I. 98% of all money, and I’m just keeping this real simple. 98% of all money is what in the world? 98% of all money and I could be off by a percent or so you’re saying it’s. Man, you were like a college professor. So. So complex. I love it. But 90.

You could actually boil it down to one word. But I. I don’t want to be simple. So you’re so. Could be. Because there’s different forms of money. We can agree on that, correct? I don’t know. Well, there’s gold and silver. Yeah. Those are the two forms. I can trade the dollar. I can trade a sheet of paper. Yeah, but that’s. That’s a derivative of money. That’s not right. You’re calling that a derivative? Okay, okay. We can go down. We can go. Okay, so we can do the derivative thing. That’s fine. Bitcoin is a derivative then. Yeah, It’s.

It’s a derivative of like five different derivatives on. Below it. Yeah, but even though it was. Even though it was started with electricity. Yeah, because it stands. It stands in for dollars. It’s. That’s all it does. It just stands in for dollars. So once the dollar goes, then Bitcoin doesn’t matter how many dollars it’s worth. It’s worthless if it can’t go back to gold. Basically everything has to go back to gold because there’s a chain that ties today’s economic transactions to past economic transactions. And it has to be constant chain or else prices are meaningless and then we’re a zombie apocalypse.

You can’t just make a price. Is that a Bordeaux behind you? That is a giant wine bottle of a Malbec Marcelon that I got in swat. I use it. I use it as my shamash for my. For my Hanukkah menorah. In Greek. You speak Hebrew. And I took. I said. I took in. At university. Hebrew and Greek. And we just came back from Israel, so I’m. I’m familiar. I was just. There’s a shine on the. And I. And I consume ethanol. So I was interested in your. I was interested in the poison behind you. Well, next time you’re in Israel, let me know.

Well, we can meet up. I’ll let. So anyways, I, I, you guys are wrong and I, and I, and I love this. And you’re still, and I’ll, I’ll give you the answer and then you could, you can fight me. Just don’t, don’t pull my hair. I mean, a little bit. A little bit. 98% of money is debt. Yeah. Yeah. 98 of, of the, basically all the credit that’s on top of the gold supply is debt. Yeah. I mean look at the Fed’s balance. And what, what’s your, what is it? 9. What’s gold? 9 trillion. 7 trillion.

7 trillion what, what’s the market cap of gold? I don’t know. I mean however many ounces there are. Yeah, I’m thinking it’s nine. I could be wrong. I’m, I’m usually wrong. So money, money in, in a debt based system is debt and it’s only debt and it, and it’s brought out. Now I’ll walk you through it. Like how money is created. I can tell you how gold’s created. I already told you how debt of what, what do they owe? I’ll walk you through, I’ll walk you through it. I’ll try to be very simple. So we know how gold’s created.

Silver, diamonds. Actually they manufacture them now and you can’t even, it’s impossible to even tell. So we can actually manufacture diamonds. Bitcoin, electricity. This system. Someone builds a building and they write, they spray paint bank on the outside of it. They have nothing in it. I walk into that bank and I say I would like a loan. They don’t have anything but they get out a sheet of paper and they write $1 million on a sheet of paper. Now mind you, there is no, there’s no goal. It doesn’t matter. There’s nothing. It’s not backed by anything.

Yada yada. They write $1 million on a check and they hand it to me. I then deposit that check into my bank. $1 million was just created out of thin air and does not exist. It is debt. I have to pay it back with interest. That’s the second money that is created. You have debt, which is money in a debt based system. And you have the interest. Those are two right there. That interest doesn’t go away. How are you going to pay for then that said debt? Well that’s where the problem lies. Yes. Which we have to, we have to expand the system.

But the quad I’m not that so gold market cap. Teeny, we’re talking quadrillions. This is the money system. We know. We’re the choir man. You’re the priest and we’re the choir. So here’s my question. Here’s my question. What happens if you borrow $5 quintillion dollars from the bank with the spray painted symbols on it and all those, those $5 quintillion into the system? Yeah, well, people take that like there’s, there is some point at which people do not take those notes anymore. Yeah, well, sure, maybe, I don’t know, but they’re taking them. So right now all money is only one word and it’s debt and it doesn’t exist.

And how do we make money disappear? Now let me ask you that question. How can you make money disappear? You default on your debt, but that doesn’t pay it off. That makes, that makes, that makes credit disappear. Either you pay it off or you stop paying it all together. And when it is paid off, money disappears. Yeah. When a loan is created, money is created. We’re in a debt based system. Quadrillions, 98% of, of all money, which in a debt based system is only debt. That’s it. But debt of debt of what was Phil’s question? A debt of what? Yeah, what? When, when I say I’m in debt, what are you in debt of? For what? Units.

Units of what? You owe someone. You owe someone those digits. Okay, but what, what are the digits? What do they represent? I mean, some people call them the dollar. Yeah. What, so what is the, so what is the dollar? Well, that’s, it’s debt. So, okay, so that’s, that’s circular. That’s. So that’s, that’s circular. That’s where we come in and we say, no, no, there’s no, there’s no, there’s no disembodied circular floating economic monetary system. It all goes, it’s, it’s attached to the ground somewhere. We’re on a pyramid. We’re not on a floating orb. Okay, so there is, there’s a ground level here.

What’s the ground level? A dollar is a debt of gold. It still is a debt of gold. Yes. No, it has to be. I, I say no. The same thing. I could go to China where I can create, you know, I can get China. I want yuan, I want to do a yen carry trade. I take out a debt loan. But what is the yuan? Yuan is a unit. Of what? Well, it’s their own fugazi. Fugazi no, no, no. It’s a unit of dollars because the bank of China, the People’s bank of China, stacks dollars and what, It’s.

Yeah, but I could create an. I could create an island, create a bank and just create a same thing. No, no, no. You’d have to start. You’d have to start. You’d have to start with money. You’d have to start with the most liquid commodity on the island or no one’s going to take your credit. It’s always attached to the most liquid commodity. They could take it. Why not take it? It’s a loan. I’ll give you a loan. Because it has no value if it’s not attached to money. Let me ask you this question. So, Mr. Bravo, okay, so when you always Mr.

First, when you woke up this morning, how did you know how much things cost? Say, let’s say, let’s, let’s say you didn’t look at your phone, my wife’s phone, and I said, what the hell did you just buy? And then it’s. There’s a digits attached. So imagine you didn’t look at your phone. How did you. How would you know? Let’s say there’s a power outage and you can’t ask anybody. How would you know how much things cost? How do you know how much work you have to do today to maintain your standard of living? I agree with you.

The, the dollar. Okay, well, that’s the word we, that’s the word we use. Okay, so we just use the dollar. But it’s debt. It’s a debt. It’s. It’s just. I understand the point. The point that I’m trying to make though is the basic answer to that question is I know how much things cost today because I knew what they were yesterday. And yesterday you knew because of the day before. Otherwise there would be no prices. If everybody woke up tomorrow in a new world and nobody knew what the prices of anything was or were there, there wouldn’t be no division of labor.

Nobody would know what to do at all. They’re pegged to the dollar. Prices. What I’m saying is all prices, all prices have to go into the past. If you go far into the. Far enough into the past, far enough, eventually you get to a point where dollars, paper dollars, are issued because somebody deposited gold at a bank and they got dollars in exchange. So originally, the dollar is a note for, for gold. There is a bunch of debt piled on top of it. That’s for sure. You’re right about that. Yeah. But at Bottom. Once you clear all that debt away, once it’s worthless, what’s left is the gold on the balance sheet.

That’s it. That’s what. That’s what the money is, the dollar. When you owe debt, you owe a certain amount of gold that is inescapable. Otherwise, prices make no sense. Yeah. Not anymore. Yes. Bretton Woods 71. 71 is just a lie. All. All 71 said. All 71 said all. The closing of the gold window is all it was. Was Nixon saying, we can no longer pay off this debt at 35 an ounce. Now it’s going to go to whatever. Whatever rate the market says. But there has to be a window because the minute. Empirically. This is the last thing I’ll say empirically.

The pro. The empirical proof. I’m giving you a logical. But the empirical proof is once the dollar can no longer be exchanged for any amount of gold anywhere, no one will take any dollars for gold. The dollar will not be able to buy a damn thing. And I’m not saying anything more. Hey, kitty, kitty. You’re yelling at me. What are you saying? She’s saying, time to wrap it up. We have to get on a jet. Okay. Do you. What? Okay. So was there any. What other? Like ravishing. Because I know we can go down these macro holes, but I just move debt around and make more debt and then buy assets and stick people in them and things like that.

Fiat money inflation in France 1933 by Andrew Dixon White. With the plethora of paper currency in 1791 appeared the first evidences of that cancerous disease which always follows large issues of irredeemable currency. At the great metropolitan centers grew a luxurious speculative stock gambling body which, like a malignant tumor, absorbed into itself the strength of the nation and sent out its cancerous vibes to the remotest hamlets. At these city centers, abundant wealth seemed to be piled up in the country at large. There grew a dislike of steady labor and a contempt for moderate gains and simple living.

In the schemes and speculations put forth by stock jobbers and stimulated by the printing of more currency, multitudes of small fortunes were absorbed and lost, while a few swollen fortunes were rapidly aggregated in the larger cities. But anything, any. Any questions that you guys got for me and I’ll be quick. We’ll do the. The 10 in under one minute or three or one. One inch. I can do a lot with an inch. We fight for that itch. We care ourselves and everyone else around us to pieces for that inch. That’s going to make the difference between winning and losing.

I got a question. Does. Does your AI. Does your AI platform outperform your personal platform? Yes. Like, no. Personal trading? Yes and no. It depends on like some bots just go crazy and is like, oh my gosh. I mean people at Chart prime wanted to like keep the bot and close everything and just quit their like. And I’m like, no. So some are just ridiculous. Like my how I trade. My strategy is so good. It’s so good. Well, how do you know? How do you recommend to a client if. If like use this AI or don’t use this AI of the Chart prime has like how, how would a client.

You go onto it. You can see it back test. You can see it. You can see it. Okay, next question. Oh, she’s telling me my. I’m time. My time’s up. Okay, what? Well, tell me the most. One of the weirdest trades you’ve had or one of the weirdest reactions. Just something entertaining. I. I bought TLT and I held it. Tlt? Yeah, it’s the. You mean the bond. The bond fund. Yeah. I was, I wanted to be an investor. One of my best friends, Stephen Van Meter and Euro dollar year University. I don’t know if you guys are familiar with them.

I’m like, okay, it’s a head and shoulders and I bought it at the, at the bottom, at the base, at the. Not the shoulder, the neckline. And I’m like, I’m gonna lose my heiny, but it’s gonna go up. And I have been underwater on that thing for four years. So yes, I took a sizable amount and I wanted to show people what it’s like being an investor and I hate it. Well, I’ll conclude on this. I think it’s great that you’re leading your, your clientele into gold and silver. I think there’s the ultimate safe haven destination to be in.

So I applaud you for, for directing him there. And if people want to take the risk and trade, you know, it is an adults game. You know, you gotta, you gotta trade and take your. Take your wins and take your losses. So if people want to participate that they can find Johnny Bravo where he is. Do you want to plug your. No, you’re fine. We’re okay. I just really wanted to get on and say hi to you guys. Okay, well, thank you so much for coming. It was really a pleasure and I’m. I’m really honored that you wanted to come on.

Like, you’re a big guy, you know, I’m just, I’m just a little channel. I’m even smaller. No, no, no, no. I’m always here to help. Whatever, you guys. It’s fun. I mean, when I saw. I was like, oh, this is great. Let’s. Let’s. Let’s do the roasting. I was excited. Maybe next time, you guys need to have more ammo. This was. This was light. I could take. We’re not interested in roasting you. We’re just talking about money. You know, your audience is. Okay, well, I guess I’ll put in a bunch of memes that totally mock you.

Okay, perfect. All right, guys. Well, blessings to the both of you. Hanukkah. And maybe Christmas on the other side. And Happy New Year. All right, great one. Take care. Thank you very much again. I think you had a Christmas tree back there, right? I do, yes. All right. Merry Christmas. All right, guys. Bye. All right, see you. Before I kill you, I just wanted you to know the last thing ever gets to smell will be my stinking bread.
[tr:tra].

See more of Rafi Farber on their Public Channel and the MPN Rafi Farber channel.