Hegseth, Trump Call EMERGENCY WW3 Meeting
FULL TRANSCRIPT
Markets are all of a sudden diving.
Bitcoin dropping below 109,000 with
nearly a billion dollars of crypto
liquidations over the last 24 hours.
Part of this could be because of a
substantial notional open interest
option expiration. That's a really fancy
word. Or it could be because the world's
going to war and something crazy is
happening with Pete Hexth ordering a
rare urgent meeting of hundreds of
generals and admirals. Oh, okay. There's
a lot to break down here. There's Trump
activity to break down, government
shutdown activity to break down. There's
geopolitical concern to break down,
including Russian violations of Alaskan
airspace along with other airspace or or
Alaskan air defense zone airspace, which
is slightly different. We'll talk about
that. Uh and then obviously also, yes,
uh Ethereum below 4,000, Bitcoin under
108. uh you've got uh over a billion
dollars in liquidations in just the last
24 hours with 17 billion in open
interest tied to Bitcoin and about 5.3
tied to Ether due to expire today. uh
and uh now we're seeing sort of
cascading liquidations of really bullish
moves on crypto at the same time as over
the last few weeks we've seen gold
continue its rally but also oil move up
under fears of escalating geopolitical
tensions especially as Donald Trump
flip-flops and now we have this insane
kind of order over here that basically
makes you want to sign up for life
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Hags orders rare urgent meeting of
hundreds of generals. So, what's going
on here? Well, they say they have
absolutely no idea. This is basically
being assigned to all of the military's
top commanders in the world and they're
all going to meet in one building in
Quantico, Virginia, which a commenter on
my live stream, shout out to them, they
said this is kind of like the Star Trek
2 movie where a meeting was announced
and all of I guess the military leaders
went to one area uh and the villain
ended up destroying that particular
building where all the militaries now I
don't know basically much of anything
unfortunately I really got to catch up
on this on Star Trek but that's a
comment somebody made and it kind of
makes sense like why are we putting all
of our military leaders in one place
this by the way is super unprecedented
like this hasn't been done before and
it's all happening in Quanico apparently
there are 800 generals and admirals
spread across the United States and in
dozens of other countries and time zones
this order applies to all senior staff
officers ers with the rank of brigadier
general or above or their navy
equivalent serving in commander
positions and their top listed advisors.
Europe, the Middle East, Asia-Pacific,
all generals from all those areas are
being sent to Quanico, Virginia next
week, which is also in line with
government shutdown week. So, we'll have
to talk about that also. But apparently
we're direct anybody with a rank of 07
or grade of 07 to0. So generals, flag
officers, 07 to0 are being directed to
attend. Donald Trump will be attending
virtually. And this is leading people to
say, well, wait a minute. Like we
typically have these meetings uh via
video conference because then we don't
have to worry about the operational risk
of putting all of our country's generals
into one freaking building for you know
Iran to nuke or you know uh China or
Russia or I don't know people with pager
bombs or something. Another person said
ordering hundreds of military leaders to
appear in the same location is quote not
how this is done. Yeah, no kidding. You
don't call general every general and
flag officer out of the Pacific right
now. This is all very weird. They're
saying this, by the way, is all coming
at the same time as back in May. You
kind of have to remember this. Pete
Hegsth, they're doing a few things at at
both with Marco Rubio at the State
Department and Pete Hegth now at the War
Department. What they're doing is
they're saying, "We want more
consolidated power. We want the State
Department to have more power at the
State Department and we care less about
ambassadors. Right now, 55% of our
ambassador seats are vacant because
basically unless you just align with the
Trump memo via fidelity and loyalty
tests, they don't want you. And they're
just not even appointing people right
now. Of course, Trump is like, "It's the
Democrat's fault we're not, you know,
appointing ambassadors." And people are
like, "This is abnormal in history to
have this many vacancies for ambassador
seats. This is very, very strange, but
that's because Marco Rubio wants to
consolidate the Department of State and
have more power centralized around
Donald Trump. Pete Hgsth is doing the
same thing. In May, he said, "We want
fewer generals and more GIs, basically
more soldiers on the ground, fewer
generals." Okay, that was in May of
2025. That's when he promised to cut 10%
of general officers, 100 admirals to be
removed, and to a 20% reduction in
fourstar ranks. And so, a lot of people
are wondering like, okay, like, is this
meeting happening because we're about to
do a giant purge and we're about to fire
a bunch of people? It's like, hey
everyone, you're all fired. Guess who's
going to run the military now? Donnie
and Don Jr. with World Liberty Financial
Token.
Or it has to do with China and Putin,
which is entirely possible because we
literally just asked or or saw Russia
and China ask the United Nations to
delay sanctions on Iran by up to 6
months. Now, keep in mind that's the
axis. Russia, China, Iran, North Korea.
Three of them are nuclear powers. The
only one that's not a nuclear power we
attacked. This makes them all tighter
together. Mind you that at the same time
as this is happening, uh, you look at
the front page of the Global Times right
now, uh, and what is China talking about
on the front page? Let's see if it's
still here. Yeah, I just loaded it.
Front page of the Global Times. China
hits US firms with export controls,
unreliable entityless sanctions and
moves. Uh basically
these are specifically happening against
like defense companies and American
defense contractors. And China is
bragging about how they're hitting
specific American companies with
sanctions or restrictions because this
is not just about Russia or China. It's
about all of them together. Russia and
China supporting Iran uh and all of them
trying to attack the United States to
weaken the United States while Putin
probes Europe and the United States.
This is all connected. Look at what's
happening. Golden oil up in the last few
weeks at the same time. Now, Lavrov, the
Russian defense minister, is apparently
saying the following. NATO and the
European Union through Ukraine have
declared war on Russia and are directly
participating in it. Now, of course, you
know, Poly Market sees only a chance uh
a 13% chance of a NATO and Russia
military clash in 2025, but that's Poly
Market. Ignoring that for a moment,
you've got to recognize Donald Trump's
massive flip-flop while at the same time
we've got, you know, jets scrambling off
Alaska and now minutes ago talk of this
in Hungary as well. This is really
weird. While we're going to put all of
our generals in the same freaking room,
like this is weird. This is really
weird. But look at what Donald Trump
says. Donald Trump says, "After getting
to know and fully understand the Ukraine
Russia military and economic situation,
and after seeing economic trouble it is
causing Russia, I think Ukraine, with
the support of the European Union, is in
a position to fight and win back all of
Ukraine in its original form." Okay,
wait a minute. Not only is this a really
big flip-flop for Donald Trump, but it's
also
something that goes a whole lot further
than what he said previously. Now, this
is actually really important and we got
to talk about this quick note. I want to
look at this right here. Look at that
bounce on the Q's right now. Nice bounce
on the Q's right here, which is great.
Uh, you could almost get a trend. Yeah,
you can almost get a solid trend line
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the day so you know what to watch for
and how to set up what's going on. Now,
obviously, a lot of this geopolitical
panic here uh at the second half of the
day is leading to some concern,
especially in Bitcoin, as we've seen,
you know, big options volatility day. Uh
and you know, Michael Sailor
seeing some pain over on Micro Strategy.
We just broke 300, which is the 298
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>> That's right. Thank you uh to um what's
his name? The Halo man.
Okay. But look at the second problem
that you have here. Okay. It's not just
a matter see like Donald Trump a few
months ago uh his impression of the
Ukraine Russia situation was hey you
know Russ Putin Zalinski is going to
have some kind of land swap. we're going
to give up some land from Ukraine and
give some to Russia and Russia will give
some to Ukraine and then we'll end the
war. So, we went from we'll end the war
in 24 hours to we're going to have a
land swap to JK, we're not going to have
a land swap. Ukraine is actually likely
to win back all of its land. But then
listen to this. Ready for this? Trump
goes on to talk about how Russia's
fighting this endless war and is a is a
paper tiger. Look at this right here.
This is bad for like World War II
concerns. Listen to this threat. This is
a blatant threat against Russia. Ready
for this? Ukraine, which has great
spirit and only getting better. Ukraine
would be able to take back their country
in its original form and who knows,
maybe even go further than that. Putin
and Russia are in for big economic
trouble. And this is the time for
Ukraine to act. This is a blatant threat
against Russia. So it's no surprise, you
know, Lavrov, the defense minister, is
like, "Yo, what the hell? Uh you guys
are basically declaring war on this."
Well, at the same time, you know, NATO.
Well, at the same time, look at what
we've got over here. This is the Alaska
uh defense uh international zone, and
NORAD had to scramble jets. uh to to you
know see what's going on basically with
these Russian war plananes flying near
Alaska. Now they said that even though
they scrambled jets to intercept four
Russian war plananes, they said this was
not necessarily uncommon, but it seems
to be sort of a probing like uh there
it's like Russia's testing like let's
just see how ready the United States
actually is to fight us. But the same
thing is actually happening now with
we're seeing this with uh Hungary. This
was just minutes ago. Look at this.
Minutes ago, two Hungarian
Griffins assigned to the NATO Baltic air
policing mission were scrambled earlier
today in Lithuania to intercept a large
group of Russian fighter aircraft,
including three MiGs and two other
aircraft near the Latvian airspace over
the Baltic Sea. Now, this is important
because now when we look at where we've
had violations of airspace, look at
this. This is from uh the Doombergs.
Doomberg here has Russian violations of
NATO airspace in September. Now, what I
did is I um uh I put together the uh
these little yellow labels over here.
the uh uh Estonia right here just had
jet incursions from Russia that they
complained about violating their
territory. You had drones that were
identified as likely from a state actor
by Denmark. So Denmark isn't saying that
it was definitely Russia. And there's
plenty on social media circulating that
this was just the Ukrainians, you know,
flying these drones to try to like get
NATO involved in this war. which makes
sense. You know, NATO, I mean, Ukraine
obviously wants the United States, NATO,
and Europe to fight Russia because it's
good for Ukraine. And this is why, you
know, we expect that the Biden
administration destroyed the Nordstream
2 pipeline uh to make it look like it
was Russian sabotage, but then it turns
out it was almost certainly US CIA uh
and intelligence that blew up the
Nordstream 2 pipeline as a way of
justifying
US monetary support or fiscal support
for uh the war effort against Russia. So
it's window dressing, right? to say like
this is why we're spending money. See
how crazy Putin is. Anyway, Latvia and
Lithuania right here. So, Hungarian jets
are scrambled over here. So, these are
going to turn red now in terms of where
we have, you know, Russian violations of
airspace. And then you have Poland who
had the 25 drones that accidentally went
into Russian air or went into Polish
airspace, which, you know, we we know
that is uh uh ridiculous.
uh you know this this idea that there's
a mistake. Um let me see here. Uh
let's see.
Okay. Uh that's that. All right. Then
you have Romania that about 11 days ago,
I think it was on the 14th, reported uh
uh drone incursions into Romania. Mind
you, these are NATO members, right? So
NATO members. Here's Ukraine. Here's
Barus. So you can see they're not listed
as NATO members, but NATO members are
like, "Yo, what the hell are you doing,
Russia?" This comes on top of what's
going on off the coast of Alaska.
This is probing. It's constant probing.
So, uh, this comes at the same time as
you have this potential government
shutdown that would lead to potentially
a lot of layoffs. You know, you have uh
air traffic control and the FAA arguing
that a government shutdown would halt
ATC hiring and cost $1 billion in travel
expenses per week. On top of this, the
Wall Street Journal edi editorial board
is suggesting that Donald Trump needs to
fix what he's doing with Ukraine uh and
Russia because so far he's screwing up.
The Wall Street Journal editorial board
says Trump inviting Putin to Alaska
might be like JFK inviting uh uh Kruev
to Vienna in 1961, convincing Russia
that he could get away the Russian that
he could get away with missiles in Cuba,
which then led to the Cuban missile
crisis. Basically, the Wall Street
Journal editorial board is saying Putin
has Trump by the balls because Putin
convinced Trump that they're friends and
it bought Putin a lot of time and no
action. That's the thing. I mean, even
the editorial board right here says, uh,
for the first time, Donald Trump is
U-turning, articulating that you want
Ukraine to win, but also for eight
months, Putin has watched Trump do
nothing. Trump talks big about
threatening Putin uh and tariffs against
Russian oil or or tariffs against
countries that import Russian oil, but
so far nothing has happened. You know,
there's a bill uh for 500% tariffs
against countries that import Russian
oil in Congress that has 82 co-sponsors.
Yet, when Trump was asked about that a
couple of months ago, Trump says, "Uh,
that's excessive. you know, anything
really over 50 or 100%. You know, that
basically kills trade anyway. So, we
don't need anything more than that,
which again is a way of sort of like
patting his buddy Putin on the back
where it's like, h, you know, we don't
have to be that Putin's being a little
knucklehead, but we don't have to be
that mean to him. We're 500%.
Well, you know, now people are like, I
do you see why this isn't working out,
Donnie T? And this is why, you know,
people are reporting. I mean, even
Donald Trump himself has said, "H, my
relationship didn't work out the way I
thought it would in being able to end
this war quickly." Here's the quote from
Trump. Trump told reporters he thought
the Ukraine war would be an easy war to
mediate. Quote, "Because of my
relationship with Putin." But
unfortunately that relationship didn't
mean anything. In addition to that,
European allies are now quietly telling
Russia that we will shoot down your jets
if you keep violating our airspace. That
in addition to Trump's truth social
posts are being seen as basically, you
know, what Lavrov is saying and he's a
wararmonger though. Lavrov's basically
saying, "Hey,
you guys are declaring war on us. This
is crazy. How could you declare war on
us like this? This is terrible." And so,
you know, what are we getting? We're
getting an escalation of geopolitical
tensions. And this isn't good. Markets
don't like that. The crypto market
doesn't like that. The stock market
doesn't like that because it's
inflationary. What ends up happening is
you end up getting uh you get oil prices
that rise over time. You get gold prices
that rise over time. Gold just turned
positive on some of this latest
geopolitical drama. Uh and when you look
at oil prices uh now turning green, so
rising. If you look at oil prices, I
mean, you could see the last 6 months
over here since liberations crash.
You're trending up. It's not dramatic
up, but you're trending up here. More
recently, you got over last year, we're
lower than where we were last year
because of, you know, liberation and the
idea that our economy would kind of
compress a bit, but now we're seeing
some early signs of of oil and gold move
up on some of these geopolitical issues.
There are serious concerns. At the same
time, as this crazy meeting where we're
going to go put all of our war generals
into the same room, this just sounds, I
mean, frankly, kind of dumb, but uh I I
don't know. What are you going to do?
What are you I'll tell you what you're
going to do. You're going to enjoy this
bounce on the cues. You're going to join
the Meet Kevin membership and you're
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And look at that. From 445, it loses
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>> coupon link below. So put all of this
together, you've got a big pooper
dupers. You've got Donald Trump also
potentially now using the government
shutdown as an opportunity to say, "Hey,
we're going to permanently lay off a
bunch of people." Uh this is leading to
now concerns over you know what is that
going to mean for the economy. Look at
this Washington Post White House begins
plan for mass firings if there's a
government shutdown. And we don't mean
temporary. A memo from the White House
directs agencies to consider firing
employees working on any program that is
not funded by another law basically
under the cover of the government
shutdown. The whole point of that is to
be able to blame Democrats. So, first
you blame Elon at Doge. Now you turn
around and blame Democrats
during the government shutdown to go
fire more people. It's crazy.
So, you know, you've got
you've got a wild situation going on
where now people are also talking about
this this demand that all these generals
come to DC or Quanico rather erodess the
military's ability to stay insulated
from the nation's toxic politics. This
is all, by the way, coming at the same
time as the Pentagon is not being
allowed to share as much information
with reporters as it used to be able to.
You know, we now have a communications
oversight rule that only approved
information is allowed to be disclosed.
That's not been done before. So
basically, the Pentagon and the War
Department have to approve information
that journalists are allowed to post,
which is crazy. You're also now limiting
what officials can say at think tank
events or public events, limiting
reporting that is usually considered
transparent.
But that free speech investigation by
journalists who are now having to be
escorted around the Pentagon, which that
hasn't been done for generations,
is all sending a signal that something
weird is going on here. Either a lot of
people are expected to get fired at the
Pentagon or there's some kind of war
brewing. Uh, you know, we just changed
the name of the Department of Defense to
the Department of War.
So, what's going on? you now you're
putting all of our generals in one
place. So, it's possible that there's
going to be talk about Russia, Iran, and
China and some kind of joint strategy uh
against the axis of evil, if you will.
It's also possible that in addition to
talking about a strategy, they just tell
people in the defense department or now
war department that they have to go fire
a bunch of people
uh under the cover layoffs under the
cover of a government shutdown. But it's
also on top of that possible uh that
they want to restrict and control media
access even more that they end up
saying, "Hey, you know, all of you risk
being fired if you tell the media
something that we don't like."
That's scary.
So now what we have is a lot of change
happening within the next
what two weeks or so. Government
shutdown next week. Massive war meeting
in Quanico.
Russia being more aggressive. Donald
Trump flip-flopping, suggesting maybe
Ukraine could take Russian land
uh and and basically grow Ukraine larger
than before. We've got jet incursions
off the coast of Alaska and NATO
countries.
Uh and now we're going to put all of our
war staff under one roof. I I oil prices
rising, gold price. This is just none of
this sounds good. So, is it a surprise
that we've seen a billion dollars of
crypto liquidations in the last 24
hours? We're now at $1.12 billion of
crypto liquidations in the last 24
hours. In the last 4 hours, half a
billion dollar have been liquidated of
longs. Actually, here's why you had that
drop in the last hour right here.
Oh, almost $200 million within just the
last hour. liquidated, eradicated,
destroyed, gone.
Yikes. Under 10. Uh, yeah, under 110
now.
No. So, watch watch this line. Look at
this beautiful bounce, by the way. Look
at that beautiful sexy bounce on my
line. Meet Gavin membership.
So,
I don't know. I don't know, folks.
Uh somebody uh let's see here. Somebody
says, "Hey, we've been uh
oh, we need the Halo man to say
liquidated."
Yeah, kind of like in the voice where he
goes
>> betrayal.
>> Okay, somebody else here says,
"I miss Trump 2016.
Does this mean recession?" I mean, if
you go into war, it's going to mean
problems, that's for sure. Uh, you've
got
1984 George Orwell was not wrong about
what, just when? Somebody else replies,
"Most transparent administration ever."
Uh,
yeah. Get the Russian point of view.
Yeah. Telegram.
Wow.
Somebody says military stocks will be
okay. Well, yeah. When Donald Trump
flip-flopped on uh Ukraine, you did
actually see military stocks move up. Uh
so,
I mean, let's let's go see Loheed for
example.
Loheed Martin.
Yeah, look at that. on Donald Trump's
flip-flop right here.
Uh you have Loheed Martin. See, when
Trump was elected, Loheed Martin
plummeted.
And Loheed Martin has been on a rally
since Trump has flip-flopped on Ukraine.
Straight up. I mean, you're up 20% from
your low.
Wow, that's wild. Yeah, crazy times, my
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>> Congratulations, man. You have done so
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>> Kevin Praath there, financial analyst
and YouTuber. Meet Kevin. Always great
to get your take.
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