In a world of unlimited money printing and new taxes on unrealized gains, the only way to win is to own assets your government cannot print or debase. In this episode, I'm joined by Jeroen Blok, a professional investor with over 20 years of experience managing institutional wealth. Today we're unpacking his new book, The Great Rebalancing in three parts.From the systemic failure of the 6040 portfolio to the scarce asset solution involving Bitcoin and gold. We discuss why safe government debt has become a we ...

Can you kind of like share your take on how borrowing or using increasingly weakened fiat money to buy strong Bitcoin yeah fundamentally constitutes to an industrial scale attack on a dollar. >> When you have a pile of Bitcoin and a corporate infrastructure, you can be creative in how you interact with this speculative attack and how you operate in the capital markets. What Strive is doing and what Strategy are doing is and and now MetaPlanet as of today they are trying to acquire as much of the strongest c ...

There are only two ways to make money. You either create value or you print money to steal value from everyone else. In this episode, I'm joined by Ellen Armstrong aka Pastor Coin to discuss why our modern money system isn't just broken, it's built on a lie. We explore why printing money is actually a spiritual violation of your time and energy and why holding Bitcoin is the only way to align yourself with the truth. And we also asked the most dangerous question. If the government is stealing from you throu ...

Market Trends & Investment Opportunities - Bitcoin's thesis remains strong, with potential acceleration and patience being key, as indicated by the market's crawl back up and positive sentiment around the $90,000s [1] - University endowments, including Harvard, are quietly allocating to Bitcoin, with Harvard holding almost 1% of its endowment portfolio in IBIT, surpassing holdings in Microsoft, Amazon, and gold, signaling institutional interest in Bitcoin as digital sound money [3] - BlackRock's Larry Fink acknowledges being wrong about Bitcoin and sees sovereign wealth funds incrementally adding to their positions, viewing it as a long-term investment rather than a trade [6] - Vanguard is opening up Bitcoin ETFs to clients, and BFA recommends up to 4% Bitcoin allocations for wealth management clients, indicating a trend of increasing access and acceptance of Bitcoin [9] Industry Dynamics & Challenges - The industry faces challenges from figures like Mike Brock, who associates Bitcoin with fascism and criticizes hard money economics, reflecting a broader conflation of Bitcoin with crypto scams and requiring education to counter misconceptions [1] - Michael Burry views Bitcoin as worthless, calling it tulips and associating it with criminal use, highlighting the ongoing skepticism and need for education within the broader public [4] - Concerns arise regarding BlackRock's potential control over the Bitcoin ecosystem through tokenization and centralization, mirroring concerns with internet platforms like Facebook and Twitter [7] - Consumer sentiment is weakening, with 95% of Black Friday sales volume financed and 67% intending to not pay it off within 30 days, coupled with rising unemployment among college graduates and a majority living paycheck to paycheck, potentially leading to increased government reliance and control [13] Bitcoin's Utility & Future - Bitcoin is presented as a mechanism for storing and transporting excess energy, monetizing energy sources in a location-agnostic manner, and potentially driving ROI for renewable energy projects [14] - Bitcoin is superior to gold in terms of verifiability, as highlighted by CZ's demonstration with a gold bar, though gold maintains a higher liquidity profile for nation-state transactions [10][11] - The discussion touches on the potential for tokenizing businesses and the limitations of the traditional stock market, suggesting a role for crypto in creating a 24/7 trading environment [15] - The industry anticipates increased FUD (fear, uncertainty, and doubt) as Bitcoin makes upward movements, requiring vigilance and a focus on producing value rather than reacting to market noise [16]

Core Viewpoint - There is a growing concern regarding the sustainability of debt levels among developed-market sovereign issuers, particularly the US, and the potential for a weaker dollar, leading to increased interest in gold as a core investment rather than a speculative asset [1][3][4]. Group 1: Gold Price Projections - Billionaire Jeffrey Gundlach projects that gold could rise from approximately $2,915 to $4,000 by March 2025, driven by technical momentum and concerns over sovereign credit [2]. - Gold futures recently surpassed $4,200 an ounce, marking a nearly 60% increase in price for the year [4]. - Bank of America has raised its gold price target, suggesting that the current rally may only be halfway through, with potential for gold to reach $6,000 by spring 2025 [8][9]. Group 2: Central Bank Behavior - Central banks are accumulating record amounts of gold, with global holdings reaching around 36,000 tonnes in 2024, reflecting a significant shift away from the dollar [12][13]. - For the first time since 1996, foreign central banks hold more gold than US Treasuries, indicating a growing lack of confidence in the dollar-dominated financial system [13]. - The trend of "de-dollarization" is gaining momentum, as nations seek alternatives to the US dollar amid geopolitical tensions and fiscal uncertainties [14][15]. Group 3: Changing Investor Demographics - Younger investors, particularly Gen Z and Millennials, are increasingly investing in gold, with over 60% of Millennials including it in their portfolios, compared to only 20% of Baby Boomers [17][18]. - The revival of gold as a relevant asset is also reflected in state policies, such as Texas recognizing gold and silver as legal tender, allowing for practical use in everyday transactions [19][20].

Bitcoin Market Analysis - Bitcoin's year-to-date increase of approximately 37% is considered unusual for a bull market, as it underperforms gold, which is down 12% against gold this year [1] - The current Bitcoin market is characterized by a lack of new retail involvement and is dominated by institutional players and nation-state level activities, leading to slower and more controlled price movements [1] - JP Morgan's report identifies Bitcoin and gold as "the debasement trade," anticipating continued increases in value for both assets [1] - There's a narrative shift where younger generations perceive Bitcoin alongside gold and silver as stores of value [1] - The discussion highlights a potential "lab leak hypothesis" regarding Bitcoin's origins, suggesting it may have been released from an NSA or CIA project [13] Bitcoin's Role and Impact - Bitcoin is viewed as a dissolving force for traditional power structures, potentially destabilizing the current system in a way that major institutions may not fully grasp [2] - Bitcoin is described as a "paperclip maximizer" that turns the entire world into Bitcoin, suggesting its pervasive and transformative nature [2] - The inherent properties of Bitcoin, such as its costly production and verifiable nature, align with human greed and create a system where incentives favor strengthening the network rather than attacking it [3] - The speakers suggest that Bitcoin is inevitable because it aligns with the incentives of individuals, corporations, and even nation-states to maximize value [3] - The discussion touches on the idea that Bitcoin adoption requires conformity to its rules, leading to alignment and further manifestation of Bitcoin in the world [3] - Bitcoin is presented as a tool for rational optimism, offering hope and a vision for a positive future, contrasting with the nihilistic outlook often associated with fiat systems [16] Bitcoin and Personal Transformation - Adopting Bitcoin can lead to a shift in mindset, creating a "Bitcoin self" that prioritizes truth, justice, and fairness, contrasting with the political maneuvering often associated with fiat systems [3] - The speakers emphasize that Bitcoin is a moral system because it is not designed to enrich some at the expense of others, promoting a more egalitarian approach [3] - The discussion highlights the importance of focus and dedication to Bitcoin, suggesting that deep immersion can lead to a better understanding of its potential and impact [25][28]

Core Insights - Bitcoin has surged to a new all-time high of $126,199 amid the US government shutdown, currently trading at $121,960 [2] - Max Keiser views the shutdown as a pivotal moment that highlights the fragility of fiat currencies and validates Bitcoin's mission [4][5] - The rise of Bitcoin is seen as a realignment of economic reality rather than a rebellion against traditional finance [5] Bitcoin's Performance - Bitcoin reached a peak of $126,199 before retracting to $121,960 [2] - The current price action is interpreted as a sign of strength for Bitcoin despite the pullback [3] Max Keiser's Perspective - Keiser describes the situation as "poetic justice," indicating that Bitcoin thrives when fiat governance fails [3] - He emphasizes that the failure of centralized monetary systems is inevitable, framing the shutdown as confirmation of this belief [4] Economic Implications - The shutdown, along with increasing deficits and debt service costs, is viewed as evidence that the fiat era is ending [5] - Keiser suggests that the integration of fintech and Bitcoin adoption signals the decline of traditional banking systems [6] Future of Stablecoins - Keiser predicts that stablecoins will retain the "USD" label even after the dollar's credibility diminishes, indicating a disconnect from the US Treasury [7]

what has uh been the main hidden programming of money we have inherited and this is more of a generalization just to make my point here but I think most of us can agree and and resonate we've been taught to outsource trust so that concept of outsourcing trust in this case to central banks governments and legacy financial institutions and quote the experts I think this is such a trap because it disempowers each and every one of us if we outsource that trust uh without you know the bitcoin principle of verify ...

Regulatory Concerns & Systemic Risk - Bank of England considers stablecoins a systemic risk and suggests a £20,000 limit on holdings [1] - Regulatory institutions are perceived as limiting individual financial decision-making capabilities [2] Fiat Currency & Digital Assets - Financial institutions are viewed as pushing draconian laws regarding fiat money usage [1] - The push for restrictive fiat currency laws may increase anger and potentially drive adoption of alternative assets [1]

Market Analysis - Bitcoin is mathematically guaranteed to increase in value [1] - Fiat money is mathematically guaranteed to decrease to zero against Bitcoin [1]