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0:00 All of you XRP holders, you need to get ready for May 21st, just a couple of days away. Now, I know the question is why May 21st? Why is that s special day? Why do I need to prepare for that? What is going to happen on that day? Is XRP going to explode? Is it going to collapse? What is going on in these markets? Well, that's a question I think everybody wants an answer to because it's been extremely volatile. Okay, we have Chinese President Xi Jinping and Trump going back and forth on trade talks. And at this point, honestly, it's becoming very very uh I guess uh you know, predictable. But what we're seeing is Trump will say, "We just closed a deal with China. It was so great, the best deal ever." And China's like, "We're not even talking to Trump right now. What you talking about?" And then,
0:45 you know, next thing you know, uh China and the US close a trade deal. and and then very shortly thereafter China saying that they're going to retaliate if US goes its own way. I mean basically everything that politicians say just look at the opposite. It seems to be like what what's happening you know like it doesn't seem like it's ever really fully the case. They make a bullish announcement then the next day they make a bearish announcement then the next day they make a bullish announcement. It is an absolute joke what's going on in the world stage. It's absolutely crazy to see what's happening. But ultimately, I think all of these countries are fighting for their best interest. And if you're ever wondering why the markets are so crazy and unpredictable, well, this is precisely why. Okay, so in case you missed it, recently China and the US, they met in Switzerland and they
1:32 discussed a trade deal. They agreed to lower their tariffs. The US went down to 30%, China went down to 10%. And they agreed they're going to do this for 90 days. But Trump administration made it very clear that if China does something that they don't like, they will raise the tariffs back up. And China said the exact same thing. And now China is essentially warning that they're going to retaliate against the US. Now, why is this? Well, China recently issued a statement on the US adjusting chip export controls, claiming the US seriously undermined consensus reached at the Geneva talks, which I was mentioning earlier. China is asking the US to correct wrongdoings just days after the US China trade deal was reached. Now you might be wondering what does any of this have to do with XRP? And the answer is everything. Okay, how
2:19 the geopolitics are going plays into the markets deeply. We've seen this happen time and time again. Stocks get affected, crypto gets affected, people's investments go up or down based off of these types of negotiations. And following this, we're also seeing some really interesting things happen in the economy at the same time as well. In fact, the 30-year note yield is now above 5%. And the 10-year note yield is up another 11 bps. Bond markets are trading like we have rising inflation, no recession, and no trade deals. If the Trump administration does not intervene here, 8% mortgages are coming. Higher for longer is back. In other words, something needs to happen. And something needs to happen fast or
3:05 Americans are going to be squeezed even more for their money. We have record high home prices, record low sales, record high mortgage rates. Uh I mean, it's it's all over the place right now. It's absolutely insane. I don't know how people are still affording to live, at least the average person here in America, uh and the rest of the world, too, because this does affect everywhere else. Uh including Japan. Well, Japan's 40-year bond yield just hit its highest level in over 20 years. Japan's prime minister Ishaba has called the situation worse than Greece. All as Japan's GDP is contracting again. We're seeing multiple world economies with a contracting GDP. And of course this makes sense. Everybody's currently going in a trade war. Trade is going down. GDP is going down. Production is going down. So of
3:52 course economies as a result of this are likely to shrink, right? This is just unfortunately the case. This is just what happens with trade wars. GDPs go down and yes, generally speaking, someone comes out ahead on the trade war at the end. It's the country with the most leverage, the country that has the larger and more substantially, you know, affected economies like those ones, they generally come out. And the US has a pretty good chance of doing this. Japan, on the other hand, is in a very bad situation. And even China is in a pretty dire situation as well. They're experiencing deflation. Consumers are not spending. their GDP is contracting. These are all things that are very concerning. And on top of all of this, we're seeing that housing affordability has rarely ever been worse in history.
4:40 94 million Americans can't afford a $400,000 home. By comparison, the estimated median price of a new house is $460,000. To put this differently, 70% of US households cannot afford a typically priced home. Concerningly, 53 million households can't even afford a house priced at 200,000 or more. Meanwhile, they are only there are only 22.4 million houses in the US valued at less than $200,000. There's a massive housing imbalance right now. And this is once again not just in the United States. This is also in Canada. This is also in Australia. This is also in Europe. It's basically becoming an area where only the rich can afford to buy and the average working class really just are not able to get a home. And that's a
5:25 sign of an economy that is in dire trouble. That is a sign of lower savings, higher debt, and of course an economy that is contracting or getting ready to contract very very soon. And we've seen this happen in many different economies historically. And the United States once again needs to address this. They need to lower the debts. Uh the Fed needs to lower rates. The US dollar needs to be printed in order for this to be solved. And that means inflation will be coming eventually, but the Fed does not want to print money because of the trade wars. They're saying there's so much economic uncertainty around this. They don't want to lower rates because it might cause an economic catastrophe and they don't want to, you know, of course, be responsible for that. Now, what you guys think of that, I mean, it's completely up to you guys, but
6:11 ultimately, yeah, there's there's some pretty tough questions to answer right now. And nobody knows the perfect answer. We can just kind of go off of historical examples on what probably will be the best course of action. And lowering rates is probably the only way we can deal with these specific imbalances. We need to weaken the US dollar. We need more money circulating around the economy. And that is true for pretty much everywhere in the world. That's why the EU is printing money. That's why China's printing money right now. That's why Japan's printing money. They have to. They absolutely have to. But the US, they're not doing it right now. And they're squeezing, squeezing, squeezing as much resources and value out of these other nations as possible before they also start doing the same thing. Cuz the US still holds the world reserve in terms of their currency. And so they have most of the leverage here,
6:59 right? They they can squeeze all these other economies until they have economic collapse. And then the moment that the US is like on the brink of collapse, they can start printing their money and they they could just come out ahead. And that that's their goal. They want to have more liquidity than their opponents. They want their opponents to face economic collapse. And they want to be able to basically buy, you know, other people's goods and services from other countries at a massive discount so that they can, you know, get, you know, basically ahead on this race. That's that's what the US government wants to do. That's essentially what the US government wants to do here. Um, so with that being said, yeah, look at XRP price. It's been bouncing all around the place. People are very uncertain of where we're headed, but there are a few indicators to show what's likely to happen here. Number one, we can see we
7:44 went from overbought to being nearly oversold for XRP. Now, today alone, we're down about 3.91% in the last 24 hours. Yesterday, we were up 3.19%. We're essentially finding our bottom right now within the next couple of days. And that's precisely why I'm buying on all these red days. You can see a buy right here. You can see a buy right here. I'm getting ready to buy more. If we go lower, I'm buying more, right? And so this is why I'm making today's video because I do think um in the next 48 hours, basically the next 2 days, I do think we're going to find our bottom. It is indeed possible that it happens in the next four to 5 days. It it can be dragged out. We have seen this happen a couple of times before, but generally speaking, as you can see right here, it hasn't taken long for us to be oversold before we rock it back up again. I mean, the longest time that we
8:29 had right here was for like the basically the 30th of March to the 9th of April, right? So, like about 10 daysish, but every single other time it's been pretty quick. You know, we've we've rebounded pretty quick outside of the one example here in December, uh, where we were down there for quite some time. But with that being said, yeah, um, the last couple of times we touched these levels, you know, five, six days, whatever, uh, being around these levels that we're at right now in terms of the stoastic RSI, we were able to rebound up. So, I do think we're going to be touching or finding our bottom relatively soon here. If I had to guess, anywhere from 2 to 5 days from now, somewhere in that frame. I think, you know, continuously buying on all of these red days is a really good idea, frankly. Uh, so that's why I'm buying here here, as you guys can clearly see. And I'm going to be buying a lot more. Okay. Um, that's just what I'm doing right now. And if you guys want to get access to when I'm buying and when I'm
9:15 selling on these futures trades, make sure that you get into the Crypto Crusaders, okay? That is the way that you get access to all my trades completely for free where you can trade, grow, and conquer cryptocurrency alongside our awesome community. Now, please note, I don't provide financial advice, but we have some awesome initiatives in here, including, you know, our step one here, which is a sign up on the exchanges. You get awesome deposit bonuses, 10% you can turn, you can get an extra $10,000 to cover fees if you have $100,000 in crypto. Um, you do your deposit, you you know, submit your email, you get access. It's really that simple. So, click on the link down below, get yourself some of that access, baby, so you can see all the trades that I make. Once again, remember, nothing I say on this channel is financial advice. I'm not a financial adviser. Go seek financial advice from a adviser if you want that. And I'll see you guys very soon. Peace.