[00:01] record lows. Every single headline is saying that the bear market is here and everything's about to end. The bears are foaming at the mouth and proclaiming we're about to head into a year-long crypto winter. But while retail panic
[00:15] sells, something strange is happening in the data. Policies for the first time in years are flipping stimulative. The Fed is signaling a massive liquidity pivot. Japan just turned the money printer back on and Trump and Bessent are basically
[00:29] telling you at this point that they are about to pump up the US economy in order for the Republicans to win the midterms. I believe that this current bear market that we're in is actually just a liquidity air pocket. A mid-cycle
[00:41] shakeout designed to steal your bags right before the real move begins. In fact, nearly every single big parabolic move up in crypto has started in this exact same way. And so I'm betting everything, literally my entire net
[00:54] worth, every dime I have, that the top isn't in yet and in fact, the best part of this cycle hasn't even begun. Okay, I know it can be discouraging seeing every single KOL on X and YouTube talking about the bear market being here and how
[01:09] it's all over and it's time to sell and blah blah blah blah blah. But I'm here over and that the current sell-off that we've been going through over the last couple months has a real clear cause that is at a turning point and about to
[01:23] head the opposite direction. As I've been saying in video after video, this has been a liquidity and plumbing issue mixed with the four-year cycle narrative and mixed with some other fears about an AI bubble etc. in the wider stock
[01:35] market. But these fears and this turbulence is to be expected given exactly where we are in terms of easing and tightening cycles. We have been in a multi-year tightening cycle since 2021 and the longer a tightening cycle goes
[01:48] on, the more cracks start to appear in the system. And what you're seeing right now with these liquidity pockets and all these, you know, credit issues and all the craziness that keeps popping up randomly in the economy is this
[02:02] tightening cycle. It is those late-stage tightening cycle cracks that begin to form as the system is under too much strain and needs policy to flip towards relief. And Julia Patel says it really
[02:15] break it down even simpler. Basically, the world doesn't grow the way it used to grow. Economic growth comes from population plus productivity plus debt. growth are falling and so the way that governments bridge that gap is via more
[02:30] households, businesses, and the government hold a ridiculous amount of debt, the interest payments on the this debt, even at normal interest payment rates, is just ridiculously high. And so a lot of the economy's growth gets
[02:45] basically eaten away by these interest rate payments. And when you get to the stage where we are where there's just not enough economic growth to cover this debt cost, you have to have something else that fills the gap and that's just
[02:57] more and more debt. A really easy way to visualize this is just imagine a married couple and they're both working full-time jobs to cover all their bills they retire or whatever. They get too old to work, let's say. And so now only
[03:11] one of them is covering all the costs of all those bills and those bills are enough money to cover those bills. So they take out a little bit of debt to cover some of that cost. And the more and more of that credit card debt they
[03:23] payments get on that credit card debt to where they get too big. And so now they maybe have to go to like a loan shark or a family friend or someone to take out interest rate costs which keep ballooning. And so they're using debt to
[03:37] debt. You you kind of get the idea. Without that second person in the family bills, the only way for them to keep up is to take out more and more debt. with governments because they can print money and do a bunch of other crazy
[03:52] stuff. It's so they have a lot more leeway in this area. And basically, where we've been over the last couple years is back in 2021 let's say the take out any more debt. This is getting absurd. Like we just can't do it
[04:05] start piling up and they'll let it pile up for 1 year and then 2 years and then coming after them. People are seizing their assets and it's just getting super crazy. That's basically what's happening in the global financial system. We've
[04:20] saying, "Hey, we're going to be fiscally responsible. We're going to do the right thing. We're going to crush inflation." But the system has too many cracks at to grow and get bigger, policy makers are basically forced to say, "Hey, we
[04:34] have to take on more debt. We have to flush more liquidity into the system. break." And that's basically what's happening right now. But basically, eventually would have just have to file bankruptcy, the US government is never
[04:48] going to devalue the US dollar infinitely to cover these gaps. When you have $38 trillion worth of debt, you're just never going to, And as I highlighted in my last video Americans are defaulting at a crisis
[05:01] pace. Student loan serious 90-day delinquencies hit a record of 14.3% in Q3 2025. Auto loan delinquencies are at 3%. Credit card delinquencies are 7.1%. auto loans and near a 14-year high for the credit card delinquencies. Also
[05:17] here, breaking US foreclosure rates surged 32% year-over-year. Also, as I highlighted last week, 600-plus large US companies have gone bankrupt this year, the highest rate in 15 years. And policy makers are taking note of these cracks
[05:29] out, last week's tumble looks more like a correction than a change in trend. Monetary policy is easing and other policies look to turn stimulative ahead changes, foreign and domestic investors still love US assets. And another
[05:42] example of policies turning stimulative, Japan just approved like a crazy right here, Japan is about to flood their system with liquidity. That's going to force the US to do the same. And obviously, I
[05:55] can also highlight the fact that we just had two rate cuts and now the odds for a December rate cut are surging. We're back up to 75% chance that we see a 25 basis point cut in December. Plus, we're going to see
[06:07] the end of QT in December. So policies are clearly flipping from tightening stimulative. And to make it even more simple and just stupid obvious, I put this post out on X where I said, "It really is this simple. If people feel
[06:21] poor going into midterms, the Republicans will get decimated. Trump's only job is to now make everyone feel as rich as physically possible next year. the money printer to go into overdrive in 2026. Republicans will have to choose
[06:38] between losing power or winning while also making everyone happy with free money. Short-term thinking will win out. Trump and Bessent have already been secret. They're literally telling you they want to do 2K stimulus checks to
[06:51] everyone summer of next year. It also just happens it's time to ease. We've and the system is throwing warning signs left and right. It's time to flip policy. Everything is coming together in for an epic bull run in 2026. Fade at
[07:05] your own peril. And that is really kind of the point I'm trying to make here is that if you look at everything in like together, it's just like perfect time. It's absolutely perfect timing where you have things flipping from a tightening
[07:17] to an easing cycle. They're flipping from like being, you know, responsible to like easing and just going crazy. At the same time, incentives are aligning midterms. We have Trump and Bessent who have been preparing for this for an
[07:31] pro-stimulative. They know that's the only way That is the only way the Republicans win the midterms, like period, straight up. Like it's a pretty this point. And so the only way they're going to win this is by making people
[07:45] feel rich because that's the number one single biggest issue right now. That is Every single person is like, "Hey, you know what? My life kind of sucks and it keeps getting worse and, you know what? Somebody's responsible for this. So
[07:58] whoever, like whatever side promises me to make things better, that's who I'm We're already seeing this play out in elections across the US where you're seeing like people like Mondami winning in New York basically promising to make
[08:12] everyone richer. And then that's what people want to hear right now. That's what people, you know, obviously it doesn't work like that. Obviously, it's what's going to win this next election.
[08:24] swinging. Like he likes to go big or go This is the guy that just gave us, you know, liberation day with the most insane tariffs we've ever seen. What do you think he's going to do when he flips
[08:36] as I'm calling it? When he flips into this pro-stimulative, I'm going to make everyone rich kind of policy, I think things are about to get banana like far they've been playing this smart. They've
[08:49] That's why he's been on the Fed cuz the Fed is really the key, okay? If they be a lot harder to do what they need to do. But the thing that they have going for them is that we're flipping from a tightening to an easing cycle. Like at
[09:01] the same time, the the financial system is saying the same thing, okay? And so basically, they're kind of going with the flow versus working against the flow and just kind of throwing gasoline on the fire. And already, Trump is
[09:13] throwing out some crazy proposals. Like we, you know, we've already talked about next year. He's talking about like keep your mortgage rate but like transfer it to your new house.
[09:26] All kinds of just like wild and wacky things that, you know, I don't know that I'm talking about. He's going to shotgun blast all these ideas and crazy things. us. Really, really good for our bags. By the
[09:41] interested is interested at this point, I am going to highlight some of the things I am buying during this dip. I recognize most now. Nobody cares to buy. But for those who are interested, I am going to talk a
[09:53] in this video. So while I don't know what's going to happen next week with right now there's this whole people are freaking out about the 4-year cycle and stupid. It's so stupid. They're wrong I'm like just telling you flat out, they
[10:07] are wrong about this. This is such an obvious bear trap. I don't know, you know, if it's over this week, I don't know if it's over next week or whatever, liquidity air pocket. That's done. That's on the mend. I just know all the
[10:20] incentives and all the stars are aligned for 2026 to be absolutely unhinged insane in terms of liquidity and easing, which means it's it's primed to be absolutely unhinged insane in terms of our bags and and an epic epic crypto
[10:34] bull run. And as I've said before, I think 2026 is going to be what most people expected out of 2025. And the one thing I like to keep reminding people is specifically in terms of like bullishness, like it is never ever in
[10:47] the history of crypto been more bullish. The institutionalization of crypto has been absolute like out of my wildest dreams could could not imagine a situation that is better than the one we're in
[11:00] Matt Hougan says it really well right here where he says, "The worldview of what crypto can do is evolving." A few years ago, the only thing mainstream gold. Now, folks have accepted that it's digital gold plus stablecoins plus
[11:12] tokenization. In a few years, they'll realize it's digital gold plus prediction markets plus DeFi plus digital identity plus privacy plus DePIN plus capital raising plus decentralized AI plus more. In this post from Hunter
[11:25] Horsley says, "This is the CEO of Bank of New York Mellon, the oldest bank in America, the largest custody bank in the world, $53 trillion, providers in TradFi. Hard to imagine a simpler clearer indication crypto is
[11:38] going mainstream. It's underway now. Buckle up." And in the video, Raoul Pal trend. And here's a post from Raoul talking about how boomers are sitting on wanted to just highlight this for a couple different reasons. For one,
[11:52] the thing is about like the older generations is eventually they will pass away and that money will be inherited by younger generations who are far more etc. The second reason I want to highlight this is exactly what I was
[12:05] on board with crypto and they are massively legitimizing [clears throat] That's like what they listen to. They listen to the news. They listen to these right, that's that's what's right. That's their source of truth. And so,
[12:19] is the future, you got to buy it, like this is going to be huge, but they're also making it available for them to buy via these ETFs and different products that this baby boomer generation can now invest into. And that's where I I've
[12:31] flows are actually retail flows from this just massive pile of wealth from the baby boomer generation. And I expect this to continue to accelerate year over year over year. Like if everything else, you know, no easing any of this stuff, I
[12:46] a pretty incredible year next year just there's a lot of money. This is like a crazy amount of money. The entire crypto market cap right now is around $3 trillion, okay? So, like
[13:00] this is just one generation sitting on just a vast vast amount of wealth, you know, that now has a direct pipeline into crypto as an asset class. And right now it's mostly just Bitcoin and ETH. But as time goes on as we get more and
[13:13] expect that to expand as well. And so, I'm buying a couple different things on the time, it's Aevo. I'm going to go more in depth in in a future video on watched any of my videos, you guys have probably heard about Aevo. I have a
[13:27] go into my bull case for Aevo. And they've been really building during this Right now, they just have one index launched and that's the Jupiter top organic activity. It's up 44% over the last 7 days.
[13:40] have just been wallet tracker agents, but their next phase of rollout should massively massively expand I think what people kind of think of when they come to this platform, which is the rollout
[13:52] of their indexes, etc., the reasoning agents, etc. And I'm just really really even on the road map, next up is the narrative index expansion, enhanced trade locks and transparency. They're working on a mobile app and a ton more.
[14:05] for this project. And you know, most people forget they months. And I think in you know, those 4 months they've done more work than a lot years. Second thing I've been buying pretty aggressively right here is RSC or
[14:20] insanely bullish on this token. Brian Armstrong is the co-founder. He's the the the CEO of Coinbase. He's the founder of Coinbase. He's a billionaire. if we get any sort of altseason, if I'm right about that at all, I just don't
[14:34] see how RSC doesn't go just absolutely parabolic. That is my personal thesis ResearchCoin. I've been talking about it for a long time. As I like to point out Brian Armstrong even has it on his bio. He's the co-founder of ResearchHub. But
[14:47] something kind of cool coming up is SciCon 2025 and that's going to have Joyce. I had him on a podcast a while back. He's the co-founder of ResearchHub as well. And if you remember last year when this happened where you know, you
[15:00] had CZ and a bunch of guys talking about DeSci, it really kicked off things for tokens. And so, you know, that could be possible this time around as well. But either way, I think RSC is one of the most obvious obvious bets and I'm happy
[15:14] sink capital into this token cuz I think it's going to go a lot higher from here. this dip is Akash. I know I haven't that doesn't mean I haven't that I've stopped being bullish about it. It's
[15:26] just been pretty high, but since then it's come back down quite a bit in terms of price. And so, I'm happy to buy it at this price, no problem. I think it is like the Nvidia of crypto, the decentralized Nvidia. I don't know
[15:38] to spin the narrative. You can call it decentralized AWS. Like is absolutely insane. But what's more cool to me is like this is a real team building a real product that has real usage behind it. And as they call
[15:52] built for AI's next frontier. This project has just gotten better and better and better year over year over year. And so, I think they're going to to continue to get better. They put a lot more emphasis on AKT over the past
[16:06] over again, I think AI crypto projects are just going to go absolutely parabolic if I'm right about altseason next year. And so, this is definitely I have a brand new one for you that I have never talked about before on here
[16:19] and that's Infra. And this is another AI project currently sitting at just 1.4 million in total market cap. And their tagline is infrastructure that powers intelligent. One platform for all your AI infrastructure needs. Access 100 plus
[16:31] AI models, store vector embeddings, and build rag applications all from single unified dashboard with transparent pricing. And I am insanely insanely bullish on this project. I know that the core dev behind this project who he is.
[16:44] He's an absolutely goated AI dev. I found out about this project from the main dev behind Aevo and he said that this guy is just unhinged in in how good he is as a developer and I've seen it. Like he's been shipping features that
[16:58] dollars and months to ship and he does it like 5 hours. I I I actually don't understand how this guy is so good. He just recently released a deep research deep research feature on Gemini or or
[17:11] for Infra. Think of this is like a back-end suite for projects to tap into. agent. They could tap in the infrastructure that's being built. They Observer, which is their newest agent in the Infra stacks. Think of it as
[17:25] ChatGPT's brain plus a 24/7 market news watcher, wire scraping your APIs plus dashboard. You tell it what to watch, it pings you only when something actually matters. He built his own cross-chain bridge on Solana to build to to plug
[17:37] into his infrastructure. He built his own swap aggregator kind of like Jupiter end goal is each of these pieces is being built for a purpose. Imagine an infrastructure custom built for agents. They you know, like the swaps are custom
[17:50] built for agents. They can tap into this deep research feature. They can tap into different things are pieces of the puzzle to for kind of like the ultimate again, this is brand new. This is like very very very early stage. There's
[18:06] project came out I think it for sure less than a 2 months ago. Brand new and it's still really really tiny. It's still sitting at 1.4 million like a VC seed invest. Like you put that
[18:19] getting it back or not. But if it does work out, in my opinion, it is a perfect asymmetrical bet in the sense that the upside potential especially given its AI roots is astronomical, which is why I put a ridiculous amount of money in. I'm
[18:32] money that that I put in this project. Don't get me wrong. It would I would not in that sense, but it's kind of a bet I couldn't pass up on because of how good the developer is, because of how fast he ships, and because overall it's tapping
[18:47] now. I've probably deployed about 50% of my funds during this dip so far. I have the other 50% left over kind of waiting to see still have some planned buys for things like Persona, etc., which they just
[19:01] shipped a really cool feature. Basically an AI generative platform directly for puzzle of what they're ultimately building out as well. So, I do want to scoop up more Una, although I do already hold a lot of Una, which is why I'm not
[19:14] as quick to jump in and get more. It's just cuz I to buy all these tokens are in my description for for the few brave souls advice. None of this is me telling you to do anything with your money. I'm
[19:27] you should always do your own research. And if you're curious about seeing my entire portfolio or you want to see every time I buy and sell various tokens as well as different weekly video market updates, currently the Obsidian Council
[19:39] sign up for the waitlist in the description of this video. If this video videos like this, make sure to hit that subscribe button and the little bell release a new video. Thanks for watching and I'll see you next week.