Today’s Israel Attack, WW3, and Bitcoin
FULL TRANSCRIPT
today there were multiple devastating
attacks against children both in Gaza
and in Israel Golan region we'll talk
about those we'll talk about what Donald
Trump just said about Bitcoin his
intentions for Bitcoin what my take is
in terms of what this means for the
future pricing of Bitcoin and towards
the end of the video we'll have a bit of
a market update and sort of some updated
commentary on where my head is when it
comes to the market but first let's talk
about what happened today so first
earlier today there was an Israeli air
strike against a school in Gaza the
school was said to house about 4,000
refugees Israel as usual argues that
Hamas was operating from the school
because after all this is pretty much
what has been said from day one that
Hamas operates from in and amongst their
civilians or the Palestinian civilians
and therefore striking Hamas
unfortunately leads to quote unquote
collateral damage which today was the
death of roughly 30 children in
Palestine wounding approximately 100
more then in retaliation for this attack
allegedly Hezbollah although they have
denied responsibility for this some
people say it was a a failed IDF uh
Israeli defensive uh Force Israeli
Defense Force uh interceptor missile
from the Iron Dome that failed and fell
too early this is unlikely given that
usually the I DF Munitions first of all
they don't fail that often because
they're supplied by Americans and
they're very good but they also have
self uh self destruct features to where
if they lose their target they blow
themselves up before ever just falling
on a crowd uh at a soccer field but
anyway it is believed again even though
Hezbollah has denied this that the
Iranian back terrorist group generally
launching their attacks from Lebanon has
fired an Iranian made phallic one rocket
uh this rocket is essentially a a rocket
propelled grenade almost if you will uh
it carries a 50 kg Warhead that's about
110 lb and the reason I call it a
grenade because it's OB it's it's
obviously it's not a grenade it's a
rocket uh but the reason I make this
sort of comparison to a grenade is
because it is designed to fragment over
150
M understand that for a moment if you
have a football field I'm purposfully
using a 100 yard football field as a
reference here 100 100 yards would be
well covered by one of these
fragmentation style rockets that would
cover over 150 M which means it's
designed to send shrapnel and Hell
boiling hot flaming Embers in all
directions to basically kill people
destroy property and MIM people it's
really really sad and now in Israel 12
children and teenagers died and 20 were
wounded this was in the Drew's Community
now this is not a rich community at all
I'll probably mess up the pronunciation
of this uh Community here but I want you
to see it this is the ma maal Shams uh
region and you know I purposely like
going onto a Google Street View just to
see how people live you know this
appears to be how they're storing either
firewood or or you know I don't know if
they're going to mulch this or what but
there doesn't seem to be a lot of
landscaping here but you could see a lot
of security bars on windows you'll see
that at the restaurants here a lot of
gates but this doesn't seem at all like
a wealthy region you've got pallets
stacked up fields of trash garbage you
can see the infrastructure uh I
generally think if you look behind
buildings you can kind of get a good
idea for the quality of infrastructure
you could see a lot of Decay here and
deterioration not a lot of upkeep on
these buildings cinder block looks like
a lot is just con stantly under
renovation or attempting to you know
people are attempting to try to upkeep
what they can with the money they have
but uh you see some shops over here some
of them with uh bars on their Windows uh
and and doors some of them not I jumped
a little too far there we go yeah you
could see bars over here for example so
just to give you a little bit of a
feeling of where this soccer field is
where this strike occurred uh so again
not not a wealthy region at all this is
actually an area that that is just uh
south of Lebanon it uh and Syria uh it
is in the northeastern portion of Israel
so you could see Lebanon here you could
see Damascus which is Syria right over
here technically the Golan Heights which
is this region here technically the
Golan Heights also generally referred to
just as Golan uh were Syrian it was
Syrian territory but Israel essentially
annexed it they uh they They seized it
in 1967 in 1981 they essentially annexed
it and the International Community
doesn't recognize that it's Israeli even
though 2third of the land is occupied by
Israelis and uh most of the
International Community still sees it as
Syrian but there are without a doubt
Israelis who live there including this
uh Community called Drews not to be
confused with the word Jews Drews is d r
u Ze uh this is a an actually an Arab
religion uh again despite being annexed
by Israel this region religious
practices of this group were rarely
described you can't even convert into
this religion but this was this is an
Arab Community uh that was attacked here
but one of the reasons you see these
communities attacked is because the
maximum flight range of some of these
rockets that could be launched from
these these phallic one rockets that
could be launched from essentially the
back of a small truck uh it's about 10
km 10 km ain't that much so think about
that you got to be pretty dang close to
the border and this is why a lot of
people are saying why don't we have like
a 10 mile uh buffer zone because you
know 10 km to miles is like 6.2 so you
wouldn't be able to reach across the
buffer zone you'd have more time for the
Iron Dome to intercept incoming Rockets
uh in this is likely what'll probably
happen with with frankly Gaza and uh and
in Ukraine as well you'll have sort of
buffer zones so that way there can be
demilled areas kind of much like what
you have between North Korea and South
Korea it's probably what you need in
regions like this to minimize frankly
the death of children I hate hearing
this so much I have seven children it
just disgusts me to hear the death uh of
children on both sides because we know
this is not the fault of children
anyway this would be a type of vehicle
that it would take to launch a phallic 1
missile so I mean not much I mean this
is maybe what a $15,000 $20,000 vehicle
obviously not including the armaments
there but this is not an expensive
vehicle so uh you know readily uh very
easy to deploy along a border very
difficult to counter uh because it's
it's so mobile but anyway here's a
rocket that has
again denies uh responsibility for
because they suggest they were targeting
a bridge and other infrastructure maybe
it fell short it's worth noting that the
phallic 1 missiles are unguided Rockets
so I shouldn't even call them missiles
they're just Rockets you know you you
just point them basically in your
canister
and it goes and it's not guided there's
no like laser targeting or fancy
sophisticated technology it's
legitimately a 240 millimeter so what
that that would that would be about 24
cm that's a little less than a foot so
if a foot is this 240 mm in diameter
would be something like this that kind
of
Warhead uh that weighs about 50 kilos
boom it's just absolutely disgusting and
it's horrific to see this happen against
children though many call the people in
charge on Military uh really both sides
you know whether it's Hezbollah Hamas
both backed by Iranians the Iranians the
Israelis a lot of people are like the
leaders are children on both sides that
there should be a ceasefire by now or
some sort of solution uh I don't know I
don't know all all I know is this is
this is absolutely disgusting obviously
the white house condemned the attack
Trump and JD acknowledge the horror of
of the attack of course this is where JD
took advantage of the opportunity to say
that look when Trump is President the
whole world won't be as weak and chaotic
as it is now and they do have a good
thing going for them in that they're
able to say look there were Wars that
were started under Bush Obama and Biden
but we happen to skip the Trump
period it's an argument that is actually
a strong argument for that you know K uh
kamla Harris will have to have a strong
defense against that especially when we
get into debates mind you kamla Harris
is suggesting she is the underdog Wall
Street Journal poll just out claims
she's at about 47 uh percent to Donald
Trump's
49% though also worth noting that the
predicted markets and poly Market show
Trump still somewhere around a 60% lead
over kamla Harris's about uh 40% lead so
you could definitely see a wedge between
kamla Harris and Trump though that has
been narrowing over time poly Market
still about 6040 predicted has already
gone down to like somewhere around 55 45
so it's it's definitely tightening and
narrowing as with Biden it was widening
so Democrats certainly uh installed uh a
person with better odds than Biden at
least based on the polling that we've
seen okay so uh heart goes out to
obviously the families of the children
whose lives were lost I think it's
disgusting uh people keep dying but
let's now talk about Donald Trump in the
Bitcoin event so it's worth remembering
that the Bitcoin conference is not
exactly cheap to get to you get like a
cheap ticket in the $600 range but
you're not even guaranteed to actually
get inside the event some of the more
expensive tickets start going in the $3
to $6,000 range and then you're in
$20,000 but Donald Trump was offering
for $844,000 a seat at the table with
Donald Trump if you wanted a photo with
Donald Trump it would cost you
$60,000 and uh if you wanted a couple
photo with Donald Trump it would cost
you
$100,000 after that you had the option
of having discount Dawn I mean Don Jr uh
at an event with Candace Owens and
Cameron Kinsey who uh held an event at
the L27 rooftop Lounge at the Weston
Hotel and that was only $33,000 per
person or $55,000 per ticket freaking
nuts why why would you spend money on
that kind of
crap I got a picture for $60,000 that's
like a whole freaking Bitcoin to take a
photo more than whole
Bitcoin uh speaking of Bitcoin did you
see where a top and bottom
look at this right before Donald Trump
spoke it topped at
69,420
69420 nice and then it bottomed at this
like devilish number Diablo
66666 you can't make this stuff up
that's crazy and this is on the five
minute chart mind you we also have a
long-term uh support or resistance line
depending if we're above or below it at
69,4 so we're just below below that
right now I do think there will be some
buy the rumor sell the news on bitcoin
and we'll talk more about the market in
just a moment after we address Donald
Trump's comments uh and rfk's comments
at the event so uh yesterday RFK kind of
I I actually kind of I didn't really
like how he pulled this off but a lot of
people say that RFK was trying to steal
Donald Trump's Donald Trump's Thunder by
pre-announcing what Donald Trump was
going to
uh potentially announced today and he
kind of did steal the Thunder yesterday
RFK is like oh you know I hear Donald
Trump might announce a Bitcoin strategic
Reserve or strategic Bitcoin reserve for
the United States kind of the mount or
Fort KNX rather uh of Bitcoin okay first
of all Fort Knox is the US depository
fortified volt for gold it literally
holds over half of the United States
gold Reserve
so if you want to get like a party of 13
other people together and call it oceans
14 you want to steal about half of the
gold that the country has there you go
for knocks now good luck but I'm just
saying that's where it is and if we type
into Google here how much gold does the
United States
hold oh zero okay okay I'm just kidding
uh no the the United States does hold
gold uh I the reason I like to say that
and joke about that is because our US
dollar is backed by nothing in case
you're wondering that's worth about $500
billion or about half a trillion
dollar yeah it's a lot of money the good
news is what's not a lot of money but is
still on sale for the next few days
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now what did Donald Trump actually say
even though RFK tried to steal his
Thunder well Donald Trump had the
following to say Donald Trump says
that he will be Pro Bitcoin he also
vowed to fire Gary gendler on day one
now I thought this was really
interesting interesting and apparently
so did Donald Trump because after he
said that the crowd just absolutely
exploded and Donald Trump wasn't even
expecting the crowd to explode like that
because he followed up with I didn't
know he was that
unpopular now anyway Trump then did as
we had already heard from RFK the day
before propose a national Bitcoin
stockpile and so initially I was
thinking okay well like you're going to
start buying Bitcoin which RFK suggested
that he would start buying Bitcoin
no the United States is already one of
the largest holders of Bitcoin they hold
about5 billion worth of C crypto Bitcoin
through legal seizures uh that's about
1/1 100th of the amount of gold they own
so in other words the United States
holds about $100 of gold for every
dollar of Bitcoin they hold which is
kind of
interesting uh and Donald Trump says he
would guarantee that the United States
would hold and not sell it he says the
number one rule of bit coiners is to
never sell your Bitcoin uh and so
seizures will serve as the growth in the
Strategic stockpile so if things you
know somebody does something bad uh and
they go to jail and they get their
Bitcoin seized it would contribute to
the United States stockpile of Bitcoin
now Donald Trump in general has been
deemed the orange man good for Bitcoin
orange frequently being considered a
color associated with Bitcoin VI was at
this event Ron Paul Rand Paul were there
there Kathy Wood Michael sailor JD Vance
they were all there you had a lot of
make a Bitcoin great again chance you
had the CEO of the Bitcoin conference
claiming that Donald Trump agreed to
Pardon Ross obri on day one of the Trump
Administration it's kind of worth noting
who this guy was so he was born in 1984
he ran the what was deemed the darket
website Silk Road between 2011 and
2013 that was shut down by the FBI for
allegedly being a darket service that
operated on the tour Network for
facilitating the sale of illegal
products illegal Services money
laundering hacking services and drugs
illegal like bad drugs apparently anyway
uh like we're not talking about weed
here anyway uh sentenced to life in
prison this individual with a
$184 million penalty fine no possibility
of parole they also seized about $3.3
billion of uh of of his um Bitcoin which
that's a lot of Bitcoin it was somewhere
around
51,000 Bitcoin so obviously plenty of
money left there to pay his $184 million
penalty theoretically if he gets out of
jail he'd still have $3 billion worth of
bitcoin kind of crazy the Silk Road used
crypto as a form of payment and the Silk
Road may have facilitated about $200
million of illegal goods and services
but people love this because it was one
of the first transactional functions for
Bitcoin which what's really interesting
is I felt like Edward snowden's remarks
at the event felt a little bit cold
bathwater esque to bitcoin he argued
that for 10 years he's been saying the
public blockchain is not private enough
that AI is basically going to start
learning what a normal transaction looks
like and then governments the IRS
Regulators companies whatever are going
to flag everything that's abnormal which
he says is a massive privacy risk
obviously Bitcoin addresses are uh
public but some suspect uh you know like
but who has what address is private
right so I let me rephrase that Bitcoin
addresses are public but who owns what
address is private right I think that's
a little bit more clear now why does
that matter well the reason that matters
is because you don't want to be in a
situation where the government is making
a assumptions that some of your activity
might be potentially
illegal
because they AI said so so some people
think that uh the IRS may end up using
AI or in the future just simply require
you to reveal your wallet addresses on
your tax returns essentially making the
uh wallet
transactions uh totally public for
government officials I think that's a
good way to put it uh now of course uh
some won't give up their addresses but
many will and then so you just have the
sort of game of the IRS then piecing
together oh okay you transacted with
this person we know who they're they are
but we don't know who you are and then
eventually they just like paler you or
network affect you to figure out who you
are it's the same thing they do with
like tracking cell phones they don't
necessarily know who everybody is when
they track cell phones but you know if
they're two iPhones walking in and out
of a single address every day and you
know who lives there you could
reasonably presume that one of those is
probably the husband one of them is
probably the wife or you know partner
one partner two whatever right and and
then you follow them around and you sort
of connect the dots with what they're
actually doing in their life or where
they work or what they do you could
reasonably assume at some point oh okay
that dot on the map is Kevin and then
you could essentially track somebody
anywhere around the world just based on
the location of their phone so so you
never knew that dot was me but you
assume the dot is me because it happens
to go in and out of my house all the
time and go to places that I happen to
be at similar things could be done with
Bitcoin is essentially with snowden's
arguing which I thought was really
interesting uh I don't know what kind of
longer term implications that has but
it's an interesting argument anyway
going back to what Donald Trump said he
reiterated massive tax cuts no taxes on
tips says we're closer than never before
to World War III then World War II
obviously on the back of this Israel
attack there's a lot of concern that the
Israeli issue could spiral out of
control which would be really bad he
says if crypto is going to define the
future I want it to be mind minted and
made in the USA he did say Bitcoin is
going to the Moon he says you're going
to be very happy with me and that you
will be very disappointed if a Democrat
wins he says he would appoint a crypto
adviser and design transparent
regulatory guidance in the first 100
days of his administration he would end
the war on energy and quote drill baby
drill we've H that a lot Elon Musk was
reportedly rumored to eventually show up
there but he didn't his plane landed in
Memphis not Nashville and Memphis is
where the new xai server cluster is
anyway uh so these are some interesting
notes to have here you had Marsha
Blackburn suggest that Viv knows
investing in Bitcoin is the future blah
blah blah Okay cool so this is sort of
some of the news that we had today but
beyond this news now let's talk Market
comments and sort of Bitcoin comments so
I made a pretty heavy Bitcoin video uh
it's probably been about 10 days or so
now and in that Bitcoin video I gave a
short-term medium-term and long-term
trajectory basically absent like a
recession or some kind of crazy NASDAQ
selloff which we could get next week I
think bitcoin's bullish going into the
election because people are going to
pric in Trump and if Trump gets elected
you probably have more of that
short-term bullishness watch the rest of
that video to see my medium-term and
longer term thesis there are some real
concerns with longer term uh uh buying
power and you'll see in that video uh if
you want some more detail on that just
type in uh here I'll get you the exact
title of it uh but uh it's uh let's do
meet Kevin Bitcoin let's just type that
in oh yeah there it is the crypto
president what Trump Vance means for
Bitcoin and crypto so I gave a
short-term medium-term and long-term
Outlook in that highly encourage you
watch that uh so briefly because I
mentioned it on the market
we expected that on Thursday or Friday
we would end up getting a bounce in the
public stock market we had a sell off at
the end of the day on Thursday but we
did get a bounce on Friday now that's
highly
anticipated because that's what happens
after you have a couple days of a
selloff and there's no reason the market
should completely fall off a cliff this
is exactly what we said nothing has
changed is exactly what we said in the
last two videos we made on the market
now what do we think about this week
coming
well this week coming up defines
everything and this is really what you
want to pay attention to because this
week is critical so first of all you
have Dron Powell this week if he doesn't
give us any hints of a rate cut on July
31st markets could Trend towards
bearishness I think he's not going to
give us any hints of rate cuts on July
31st for September right you know
they're not going to cut on July
31st uh I think he's going to wait for
Jackson Hole for that which is the third
week of August then he'll get jobs out
on CP data which will make that jobs
data and CPI data very important but
then this week you also get is AI a
bubble or not Microsoft AMD Amazon meta
arm Qualcomm Intel Apple if they kill it
next week and do really really well hey
we might n we might solidify soft
Landing narrative great if we get the
reactions like we did out of Google the
stock market will probably sell off
that'll include the NASDAQ that'll
include eventually the Russell as well I
do think I w m has a trajectory of uh
moving up though maybe Monday even
Monday Tuesday you could probably get
from about 225 to about 236 but I think
that's where you top out uh that's
there's a resistance line there you get
about 5% to go so if you do 2 and a
half% on each day even a little less
you're basically there but after that uh
if you do have bad earnings and you have
bad jpa day I think it's down for
everything Russell NASDAQ and Bitcoin if
and this is very short term right if we
get a soft Landing narrative next week
Microsoft AMD Amazon meta Qualcomm Intel
blah blah blah we get a soft Landing
narrative on and from
jpow we could stop being bearish we go
back to being bullish and then we just
talk about pricing in the election
anyway those are my thoughts thank you
so much for watching terrible news today
on the loss of life again I freaking
hate
this make sure to go to Meek kevin.com
to take advantage of that group on code
thanks for watching good luck and
goodbye stay
safe these things that you told us here
I feel like nobody else knows about this
we'll we'll try a little advertising and
see how it goes congratulations man you
have done so much people love you people
look up to you Kevin PA there financial
analyst and YouTuber meet Kevin always
great to get your
take even though I'm a licensed
financial adviser licensed real estate
broker and becoming a stock broker this
video is not personalized advice for you
it is not tax legal or otherwise
personalized advice tailored to you this
video provides generalized perspective
information and commentary any third
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endorsed by me this video is not and
shall never be deemed reasonably
sufficient information for the purposes
of evaluating a security or investment
decision any links or promoted products
are either paid affiliations or products
or Services we may benefit from I also
personally operate an actively managed
ETF I may personally hold or otherwise
hold long or short positions in various
Securities potentially including those
mentioned in this video however I have
no relationship to any issuer other than
house act nor am I presently acting as a
market maker make sure if you're
considering investing in house Haack to
always read the PPM at house.com
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