About one third of our planet's land mass is arid. These ecosystems are as complex as they are varied and are home to an astonishing number of plants, animals, and human cultures. Yet within most of these highly varied desert ecosystems, it is the rivers that are the vital lifelines in these parched environments. They provide water to support communities, wildlife populations, agriculture, transportation, and industry. The river valleys in these desert environments also provide a vast and highly interesting geological history of the region, if you have the tools to read the geologic records. This is a look at the geological history that scientists in the desert project unlocked in one small but highly significant desert river valley, the Rio Grande Valley in southern New Mexico. What makes this story especially interesting is that it was one of the first desert river valleys to be decoded and that the knowledge and techniques developed here are now used by scientists all over the world as a basis for understanding many other desert river valleys. The Rio Grande stretches 1500 miles through much of the Chihuahuan Desert in North America. It also marks half of the boundary between Mexico and the United States. Today, here on the banks of the Rio Grande, I'm standing on the river's modern floodplain. But over there on the West Mesa, you can still see the floodplain of the ancestral Rio Grande. It's called the La Mesa surface and it's the relict of the basin floor that once extended across the entire area now occupied by the Rio Grande Valley. Four huge desert basins contain sediment laid down by the ancestral Rio Grande, the Hornada, Macia, Tularosa, and Waco. By tracing the Rio Grande's river pebbles, scientists discovered that at one time the river passed through that gap over there into the Tularosa and Waco basins. Later, when the land terrain changed probably due to faulting and uplifting in the past, the ancestral river shifted back to the west side of the mountains and flowed into Lake Cabeza de Baca, located in what is now northern Mexico. Over millions of years, sediments raised the floor of the lake and the base level of the Rio Grande in this region. Later, the lake and river sediment's upslope were cut or incised when the Rio Grande Valley was formed. Walking along the edges of this river valley, most people just see beautiful rock formations and interesting terrain. But from 1957 to 1972, pedologists and geologists working with the USDA's Desert Soil Geomorphology Project understood that the land terraces, the alluvial fans, and the relic basin floor along the valley had a rich history to tell. When these scientists first began their study, very little was known about the desert soils of the world, although they cover much of the Earth's land area. This is a cross-section of landforms along the Rio Grande studied by scientists in the Desert Project as it became known. These fans and terraces slope into the valley from mountains that provide sediments. Portions of these fans and terraces were preserved as the valley entrenched and today form a stepped sequence of landforms that are related to age. Scientists working for the Desert Project learned they could determine the relative ages of these landforms by their position in the step sequence and by the amount of calcium carbonate buildup in their soils. As scientists began investigating these soils, they discovered that many of the older soils were cemented with large amounts of calcium carbonate, yet the actual rocks in the sediments contained very little calcium. Thus, in the early days of the Desert Project, the question was, where did all this calcium carbonate come from? For ten years during the windy seasons, scientists set out dust traps in these mountains, alluvial fans, and basin floors and the captured dust was analyzed. The findings showed that the dust blowing into the entire region was calcareous and that even the rainwater falling through this dust contained dissolved calcium, yet the surrounding soils and rocks were not calcareous. Therefore, the scientists knew that the carbonate deposited in these soils had come from the atmosphere, blown in from elsewhere in the region. What scientists also discovered was that the older the soil, the more calcium it contained. For example, in terrace number five, the youngest in the valley, the deposit show up as white filaments coating sand grains and pebbles in the soil. This is stage one of carbonate accumulation. Given time as carbonate accumulation increases, it becomes dense enough to plug the soil and eventually a thin laminar zone forms. Here, water percolating through the soil is blocked and begins to move laterally. This is stage four of carbonate accumulation and we find it in terrace number three of the step sequence of landforms. Lee Gile, one of the original researchers on the desert project, shows us an example of this phenomenon. This soil is in terrace number three and is estimated to be 50,000 to 100,000 years old. The soil has stage three carbonate and a thin plugged zone. Here is the plugged zone. This is the laminar zone. When the soil solution can no longer move vertically, then it starts to move laterally, forming these thin laminar horizons. In the step sequence of surfaces, soil age and carbonate accumulation increase with increasing elevation of the step. This is shown by the ridge in the background, which is the number one landform and is the oldest soil in the step sequence. Research in the Hornada Basin in southern New Mexico near Rincon has helped provide some of the clues as to ages of the sediments and time of the Rio Grande Valley down cutting in that area. These sediments beneath the La Mesa surface behind me were deposited by the ancestral Rio Grande between about four million years ago in the beginning of the down cutting event. We date these rocks using various radiometric techniques. They're too old to date with carbon-14, so instead we use a variation of the potassium argon method called argon-argon dating. And we date volcanic material like this piece of pumice that's interbedded with the river sediment. Pumice deposits in southern New Mexico were derived from the Hamas volcanic field, 250 miles to the north. Volcanic eruptions choked the river with pumice, which was then transported very rapidly downstream in a matter of days or weeks. These pumice deposits are important for determining the age of the river sediments of the ancestral Rio Grande. We have identified five distinct pumice beds ranging in age from 3.1 million years to 1.3 million years ago. This particular one right here is dated at 1.6 million years ago. With that information, scientists can use a second test, the magnetic polarity of the river sediments to help date these sediments even further. Here's how it works. Look at this compass. Today, the needle end of the compass points north because the Earth's magnetic field is oriented north. Iron minerals within sediments will naturally align themselves toward magnetic north, just like this compass needle. However, about 780,000 years ago, the Earth's magnetic field changed. If you'd looked at this compass 780,000 years ago, the magnetic north-seeking end of the needle would have pointed south. Iron minerals within sediments deposited during that time would have aligned themselves toward the geographic south pole. These reversals in polarity provide important clues for scientists. Throughout geologic time, the Earth's magnetic field has reversed several times. There were periods when the magnetic pole was in the north, when it was called normal polarity, and periods when it was in the south, called reverse polarity. This pumice layer is in a region of reverse polarity. So are the upper few meters of sediment beneath the La Mesa surface. So these sediments must be between 780,000 and 900,000 years old. In general, magnetic polarity can help us date these sediments. But in the case of this La Mesa surface, more paleomagnetic analysis is needed. This is because in the Macea basin, the upper few meters of the La Mesa sediments have a normal polarity, indicating that they were deposited sometime after 780,000 years ago. In any case, we can conclude from paleomagnetism that the La Mesa sediments are younger than 900,000 years old. But what happened after 900,000 years? They would stop sedimentation and cause the river's base level to quit rising. The answer lies with the topography around Lake Cavesa de Baca. The lake was surrounded by high terrain, which formed a basin to hold the water in. Over thousands of years, the river filled the lake until a time when water reached a low point in the rim and spilled over. The rushing water eroded rocks and soil, cutting a gash in the landscape, which allowed even more water to escape. And what is now northern Mexico was instantly pirated of its freshwater lake. This happened in the area of what is now El Paso, Texas. Here, the pirated water poured into the Waco basin. The draining of the lake impacted the river upstream as well. Water flowed more rapidly, and the river eroded or downcut through its own sediments. The river channel became deeper and narrower, forming something like a gully but on a grand scale. But downcutting was not continuous. Instead, the Rio Grande downcut in an episodic manner. It stopped and started, leaving stepped terraces, such as the ones behind me. But when did this spillover and downcutting begin? The sediments themselves provide some of the clues. Remember that the polarity reversal data and the argon-argon dating tells us that the downcutting began sometime after 900,000 years ago. After the formation of the La Mesa surface, we see the development of the first inset terrace, caused by the draining of the lake. Fortunately for us, this terrace contains a volcanic ash called the Bishop Ash. This ash is from a volcanic eruption near Bishop, California, which originally spread across a wide portion of the western United States. Radiometric dating tells us that the ancestral Rio Grande had already begun to downcut, and that this first inset terrace had formed at 740,000 years ago, the age of this ash. Thus the age of the downcutting of the ancestral Rio Grande was between 900,000 years ago and 740,000 years ago. Next, we look at the other four terraces in the Rio Grande system. As Leland Gile and others observed, the lower terraces contained progressively less calcium carbonate in their soils, indicating that each was younger than the one above it. In general, though, when we think of sedimentary beds, we think in terms of superposition, where the oldest sediments are deposited on the bottom and then younger sediments are deposited on top. However, with these inset terraces formed by downcutting and backfilling, the younger terraces are at the lower levels and the older terraces are at a higher elevation. Why would this be so? Consider a bathtub. As you know, if you don't drain your bathwater right away, a soap ring forms around the edges of the tub. When you drain out part of the water, the level drops, but the ring stays behind. Put the plug back in the tub and wait a while longer. Another ring will form. Drain it again, plug it again, and the same thing happens. By the end of the day, you've got a nice series of circles around your tub with the oldest at the top and the youngest at the bottom. In a similar manner, the five inset terraces of the Rio Grande indicate downcutting at least five times since the draining of Lake Cabeza de Baca. However, unlike our bathtub analogy, the Rio Grande was eroding and downcutting, lowering its base level. Then the river began depositing sediments, partially backfilling and slightly raising the base level. The river downcut, backfill partway, downcut again, backfill partway, and so on. The result of this deposition of sediment is that the elevation of these five terraces can be as much as 20 meters higher than it would have been through downcutting alone. What forces caused the Rio Grande to downcut and backfill producing these terraces? Apparently, the explanation lies with the ice ages when much of the northern United States was covered with glaciers. The Rio Grande begins in the southern Rocky Mountains, which were also covered with glaciers during the last ice age. During glacial periods, when glaciers in the Rocky Mountains were advancing, the Rio Grande carried less sediment downstream and had a greater discharge. As a result, the river had a greater capacity to downcut. In contrast, during the interglacial periods, the river discharge was less. More sediment entered the river because there was less vegetation to prevent erosion. The river became choked with muddy sediments which were carried downstream. These sediments backfilled the channel, causing a slight rise in base level. With each glacial period, the process repeated itself. So although far from the glaciated parts of North America, these river terraces in the warm, arid southwest also record glacial advances and retreats. Scientists are learning that the principles clarified here are somewhat typical of actions that took place in many other Desert River Valleys around the world. Like many Desert River Valleys, the Rio Grande and its surrounding landscapes evolved and left evidence of periodic climate change. By using the clues provided by the soil carbonate, ash layers, fans, terraces and river sediments, scientists in the Desert Project were able to look back in time to see what really happened. They found some basic principles that are still fundamental to similar scientific work today. First, the relative ages of landforms can be observed by determining their position in the stepped sequence and by measuring the amount of soil carbonate in the soils. Next, the approximate ages of the soils and landforms can be determined by using radiometric dating In the case of the Rio Grande, argon dating and paleomagnetism indicate that river sediments were filling Lake Cavesa de Huaca until sometime after 900,000 years ago. Then, the lake suddenly broke free of its mountainous boundaries. As the lake drained, the Rio Grande began its cycle of downcutting and backfilling. The presence of the Bishop ash layer within the oldest inset terrace indicates that this date was before 740,000 years ago. So, the entrenchment must have occurred sometime between 900,000 and 740,000 years ago. The cycles of downcutting and backfilling were driven by glacial activity. So, that's the story locked inside the rocks and terraces of the Rio Grande Valley near Las Cruces, New Mexico. Is the story unique to just this valley? Hardly. In fact, similar geological actions took place in many desert river valleys around the world. That's why the principles the desert project scientists learned here are so important. Today, international scientists who have never even been to this valley refer back to this landmark research and use it as a guide to find clues to the history of their desert river valley. The stories hidden within these soils and sediments may never be completely understood. More research is always needed. But just like layers of sediment, knowledge builds on knowledge. One mystery solved gives clues to understanding several more. And who can guess what stories these rich valleys still have to tell? To order your copy of evolution of the Rio Grande Valley, call toll-free 1-888-750-4156.


Welcome to the Rich TV Live podcast. I'm your host, Richard DeSousa, and today we're going to talk about the hottest stocks and cryptos in the world, live and interactive, right here, all over social media. And we really appreciate you guys, wherever you are, if you like these videos, please smash the like button, comment down below, share the video everywhere, and subscribe if you're alive. All right, we're going to talk about what is the biggest mover of the day right now. The biggest mover of the day is PXMD. You can see here, it's a penny stock, had this big gap up pre-market, and then this massive candle. So lots of day traders, lots of momentum traders jumping in on this one, PXMD, the number one mover of the day, up 109% on a red day, to be quite honest, across the board. INDO, this is one of the oil and gas plays Indonesia Energy Corporation with oil and gas doing very well. With gold doing well, with Bitcoin doing well, there are moves to be made in the market. This is one that does very big volatility, INDO.  So proceed with caution, INDO now up 61%. And you can see, this is a very choppy one, makes big moves up and down. So wouldn't be surprised to see this continue to make big moves if oil continues to go higher. TPET, up 76%, one of the bigger movers of the day, as you can see here, big green engulfing candle for TPET, now it's a penny stock, in no man's land at 40 cents. So please proceed with caution, remember Rich TV Live is strictly for information and education purposes where investors just like you, and past performance is not always an indication of future results. We can't guarantee this will continue, but it's got momentum.  HUSA, another big mover, up 38%. Look at the volume here in the bottom right corner, 7.56 million shares traded today, average volume only 492,000. So really big volume day today for HUSA, up 39% of the day. Now here's one that we were watching yesterday, continues today, MNDR, continues with that momentum higher, MNDR, you can see the five-day chart, this has just been going up. Every day this week, MNDR has paid, so put them on your radar and on your watch list, they have momentum. Here's the VIX, I told you if the market continues to be red, the VIX is a way to trade the market, VIXY, not disappointing, up 8% on the day. That's a VIX ETF. Rent, we talked to you about rent yesterday, they continue to go up today, up 14% on the day now, so a huge, huge week for rent. As you can see that they've really made moves all week and they've been paying investors all week. Here's TAU, this is Thesis Gold, a company that we featured a couple months ago at 40 cents, they're now at 75 cents, congratulations to investors on Thesis Gold. Here's Barrett Gold, we've been talking about them all week, we told you this is the best in-class gold play with the dividend and they're not disappointing, up 1.6% today at $18.34. Apple, we've been talking about buying the dip on Apple all week, how it was a good buy at 170 or under, we're at 176 now, I guess people were listening. Bitcoin, so Bitcoin, man, every time it gets to 70,000 it sells off, so it's very difficult for me to trust it at that level because it just doesn't stay there, there's just too many sellers at 70,000 right now, so very difficult to trade this right now as it seems though every time it gets over 70,000 it sells off, so we're at 69.5, very difficult to predict what it's going to do on the weekend and it's been flirting with 70 and 71,000 and every time we get to 70 and 71,000 the sellers come out and it drags it back down to 69,000, so going to be interesting to see what it does seven days away from Bitcoin halving, we're right around the corner and Bitcoin is at 69,500 at the top of the highs of the last bull market and we're about to start this new bull market, so I think we will see some price discovery well above 70,000, just very difficult to predict exactly when, but we'll be here every day to show you what's happening in Bitcoin and give you our analysis and give your opinions on where it's going from here, but you can clearly see that it has been up for all these green months in a row and this is the first month that it looks somewhat red, but we're not even halfway through the month, so I wouldn't be surprised to see this finish green, I wouldn't be surprised to see it finish red either, so we're going to watch it closely and like I said, we'll be reporting on you every step of the way. Google, Google at all time highs now at $160, Google continues to push higher, we love Google, we told you this is the largest best in class company as far as search, number one search engine in the world, they also own YouTube and other assets, we love Google and they're at $160 right now, Doge been doing a little bit of a pullback at 19 cents, the Dow Jones as you can see here red day for the Dow Jones down 300 basis points, Amazon coming down from all time highs, we've been tracking Amazon as well and they're coming down from all time highs, S&P 500 also red on this Friday, Tesla also red on this Friday and the NASDAQ 100 giving back gains from yesterday, having a big day yesterday and giving back those gains day on a red Friday. IBIT, this is the Bitcoin BlackRock ETF, I hear now they have over 270,000 Bitcoin, just an incredible amount and they continue to accumulate Bitcoin but they are in the red today, so it might be a buying opportunity, very difficult to tell though, meta down 1% today at $517, GBTC, another Bitcoin ETF in the red today with Bitcoin in the red today, Ethereum down 1.4%, dragging down Ethereum investments, NVIDIA down after a big day yesterday, Coinbase down 2% after a big day yesterday, MicroStrategy's down 2% after a big day yesterday and Solana down 2% after a good day yesterday and then ETHG, one that I'm really thinking about buying, they're pulling back right now with Ethereum pulling back, it's another one that I'm thinking about positioning myself for the Bitcoin having, which is literally just days away. Reddit had a good day yesterday, they're now giving back gains and Mara had a nice day yesterday and they're giving back gains down to $16 now and one that I'm watching very, very closely because if you believe that Bitcoin is going to pop after the Bitcoin having, which I do, then you need to be looking at plays like Mara, which are now starting to provide an opportunity. Alright, let's just quickly take a look at MarketWatch, you can see here the Dow Jones down 300 points, big red day for the Dow Jones, S&P 500 down 46 points and the Nasdaq down 164 points or 1%. The VIX up big, up 20% today, so huge day for the VIX, gold continues to go higher at $2,417, up $44 or 1.88% and oil at $87 up 2% or $1.99. So that is what is going on in the overall markets. Alright, so I hope you like these videos and remember, if you do, it really helps if you smash the like button, comment down below, share the video everywhere and subscribe. We're always tracking the hottest assets every day, PXMD. See here, PXMD is having a big day. As you can see, that was the gap up. This open space was the gap up and then the consolidation PXMD. Now up 104% of the day, TPET up 75% on the day, big move for them. You can see that they've really moved up nicely today. And INDO, oil and gas, energy, Indonesia, energy corporation limited, energy minerals, oil and gas play, and they are up 62% on the day with oil doing well. INDO is following suit and then EZGO up 49% on the day. You can see here, this was the gap up pre-market and then it continued higher, much higher and now it's consolidating sideways. Now they did get a buy signal from our MACD here at 238. So it wouldn't be surprising to see it go higher from here, but very difficult to tell with it up 49% on the day. HUSA up 33% but the RSI tells us this could go higher. We'll be watching this closely. And then MNDR, one of the biggest movers all week we've been talking about and they continue up 27% and RENT continues higher up another 10% of the day. The VIXY, as we told you guys, the VIX would be a way to trade this week. They are up 8% and then there's our gold play. These is gold. We interviewed the CEO when we were in Thailand and you could see that they have done extremely well. When we look at the last three months, you can see this chart. That line at the bottom there at 43 cents is when we interviewed the CEO. They are now at 76 cents. So almost a double since we interviewed the company and featured them on our broadcast. Congratulations to investors that got in for the win. Once again, bear gold with gold looking good. You got to assume bear gold will continue to be strong. Apple at 176, I think that I told you guys that under 170 Apple was a good buy. And clearly I wasn't the only one that thought that. Doge in the red today, Google in the red today, Bitcoin in the red today. So the question now is, what does Bitcoin do from here? Last weekend it went up. It was down on Friday last week and then on the weekend it went up. Will we see a reversal of that? Will we see a repeat of that? Very difficult to tell right now because it seems like every time we get to that 70,000 our Bitcoin sells off. So we got to really bust through that resistance, which I believe we will. Just don't know exactly when. Here is the Dow Jones in the red, Amazon in the red, S&P 500 in the red, and the Nasdaq 100 in the red. So we're seeing a lot of red today. Tesla at 172 and in the red meta in the red, IBIT. This is the BlackRock Bitcoin ETF down 1%. One that I'm looking to buy the Vidya down today, GBTC, Bitcoin ETF down today, and Ethereum down 1% today. So nothing huge, just small little moves down, but definitely makes you think when you're investing. Here's Coinbase, one that I sold at 253 took profits, bought at 176 sold at 253, did really, really well. That was my one trade that I did extremely well on. While I was on vacation and in Asia, and it really made my trip. Here's Microstrategies at 1500 down 2%, Solana dropping aggressively down 2%, ETHE 1, like I said that I'm watching closely that I want to buy, they're down 2%, Reddit after a big day yesterday down 4%, and then Mara right now down 5% a Bitcoin minor. All right, is there anything I can remove off this list today? Oh, look at this PXMD just went down a little bit. So now we're at 99%. So if you chase this all the way up past the dollar, you're stuck. This is why in this market, it's very choppy. I'm not really interested in chasing anything, because I don't think it's going to end well. It's just such a choppy market, very difficult predict where anything's going to go from one day to the next right now. And there's a lot of news to make you think that things could go lower, like CPI inflation went up. That's not a good thing. When inflation is going higher, that's not a good thing. That typically means that the market could go lower. And it also means that the Fed could raise rates. And that's the last thing we want. We want the Fed to reduce rates and cut rates. We don't want them to raise rates anymore. So very difficult time to trade right now, very unpredictable in my opinion. And this is why I've been staying out of the market for the last couple of weeks and just looking for a trend and a pattern. And we are going into earning season. So things could definitely change. But I'm still very cautious right now sitting in a lot of cash right now and holding a lot of Bitcoin. That's kind of what I'm doing right now. Sitting in, I would say half my assets are in cash right now and half are in Bitcoin. And I'd like to put more into Bitcoin, but I'm just not sure where it's going to go right now because we have one week away until the Bitcoin having and it's like one of those buy the rumor, sell the news events. And I'm worried that people are going to sell the news on the fact that the Bitcoin having is done, which is about a week away. So sitting at 69,000, the top of the previous bull market and we're at the beginning of the new bull market. So really difficult to tell. I do think long-term we're going to go higher, but short-term I'm not sure. So that's why I'm not making any trades right now. I'm just sitting on the sideline. I'm obviously holding all my Bitcoin, but I'm also holding a lot of cash and waiting for some type of a guarantee in the market before I make a decision. Now there's no guarantees in the market, but when I trade, I like to kind of see a trend that I can really trust. And right now it's very, very difficult to find a trend that I can trust in this market. Obviously gold is hot. Obviously Bitcoin's hot. Obviously oil is hot. Stock market's been hot. And everything is around all-time highs. What you don't want to do is get caught up buying things at all-time highs. That's a problem. So I'd rather sit on the sideline and not make money trading right now than get caught buying something at all-time highs that doesn't make your pullback. So that's kind of my problem right now. That's my dilemma. And I'm going to sit on the sidelines until I feel comfortable to make a decision. Obviously I like to buy on red days. This is clearly a red day. But I just, I don't know, something my gut is just telling me to wait. Gut is telling me to wait and be patient. Don't rush it because if I rush it, something can go wrong. All right, let me show you what's coming here for Bitcoin and why I'm very, very bullish on Bitcoin. So this is always the biggest catalyst for Bitcoin. It's the Bitcoin halving. The Bitcoin halving is literally seven days, 12 hours, 12 minutes, and six seconds away. So we are literally like right there, you know, like we're right there. We're a week away from the Bitcoin halving. And the reason why the Bitcoin halving is such a huge catalyst, it reduces the amount of Bitcoin that are in circulation for miners to mine. So the block reward will be reduced from 6.25 Bitcoin per block to 3.125 Bitcoin per block. So that means that miners will only be able to get half the amount of Bitcoin. They were getting previous to this Bitcoin halving when they're mining Bitcoin. That typically drives the price higher because the price has to be higher for these miners to be profitable. Otherwise, they turn off their machines. They're not profitable and they're not going to mine Bitcoin. And then the entire network won't work. So in order for this network to work, the miners need to be profitable, which is why the price always goes up every four years. This is a huge catalyst for Bitcoin. But there's been a lot of buy the rumor, sell the news FOMO. There's been Bitcoin ETFs buying Bitcoin by billions of dollars. So you have to assume that there's going to be some type of a buy the rumor, sell the news event. And the question is when. So that's why I'm very, very cautious. I'm holding my Bitcoin, but I'm not in a rush to buy any Bitcoin related stocks this second until I feel like there's some type of a true pattern in the market, which isn't hype driven, which is really difficult to tell. Very difficult to tell. Now you can see here, we've been in a true pattern here where we've had, these are the monthly candles. One, two, three, four, five, six, seven green months in a row. That is a true pattern that I can trust. Now we're forming our first red month. So this last big move here that happened during the last bull market, that happened from October all the way into the next year until March of 2021, October of 2020 until March of 2021. So if we assume that we're going to have five green months again at some point this fall, my question is what is going to happen between now and the fall? Now if we look at the last bull market that started in 2020, in April of 2020, we had a green month. In May of 2020, we had another green month. In June, we had a red month. In July, we had a green month. In August, we had a green month. September, we had a red month. And then we had this massive five, six months of green starting in October, going all the way until April of 2021. So I think we'll probably have something similar where we'll have a choppy summer. And then probably either in September or October, we'll see Bitcoin really take off. So really, really cautious right now. Don't want to make mistakes. Want to make all the right moves so that I'm positioned for October. That's what I'm thinking right now with Bitcoin. I want to be ready for October. I want to have as much Bitcoin and as much Ethereum as possible, either in physical Bitcoin and Ethereum, or in ETFs, stocks like Coinbase, stocks like Bitcoin ETFs, like these are the ones that I'm really thinking about buying right here, the BlackRock ETF, which has done extremely well. I'd like to see that pullback before I get in, but love to own a piece of this, the BlackRock ETF, GBTC, it's another Bitcoin ETF that I'd like to get in on, also trading very high, and the Ethereum ETF, soon to be an ETF, ETHE, which is also kind of trading high. As you can see, it's surged up. Now it's pulling back. So when do I get in? So hunting these right now, very closely watching them every day. Love to get in at some point, but I want to get in when they're down. They're down a little bit today, one to 2%. Does it really motivate me to buy down a one or 2%? Not really. I'm thinking about it, definitely thinking about it, but I'm not going to act on it right now because it's very difficult. It's very difficult to determine what it's going to do next. So I'm just going to sit in the sideline until I see, like I said, a true trend that makes me believe that we're going way, way, way higher. All right. Hope everyone's having a great day. Want to wish everyone a fantastic weekend. I'm your host of The Most True Board, Rich, and Rich TV. If you're not winning, you're probably not watching. We're bringing the winners, CEO interviews, breaking news, training topics, and we bring it to you first. Crazy week with the CPI coming in hot. I really don't know what to think other than it's worrisome because it makes you wonder what the Fed's going to do next. We were waiting for rates to get cut. Now it looks like they might even increase rates. We do have an election, which makes me believe they will cut rates because why would you, if you're the president, want the markets to be red while you're the president? That wouldn't be a very smart move. So you'd have to assume they will cut rates near the end of the year as we get close to an election in November. So lots of different things that are affecting the market. We're also going into earning season in the next two to six weeks. Most of the companies will be reporting their earnings. That could be a huge catalyst or it could be a drawdown on some of these assets. So we're going to watch closely. I really like Coinbase. I just made a big trade on them, made really good returns. Bought at 176, sold at 253. It's sitting right out 257. I'd like to get back in, but I like to see it do a major dip. It hasn't had a major dip. So I'll be watching closely and if you want to learn about these types of trade ideas, feel free to join our website and ecosystem absolutely free at richtv.io, an ecosystem built by investors, for investors, where we navigate the markets together every single day, 24 hours a day, seven days a week. You can see all of our featured videos, our collaborators, and we unleash market potential with key features, including personalized watch lists, expert top picks, real-time market alerts, vibrant group chats, in-depth technical analysis, and interactive live trainings like we're doing right now. And we also track our top 10 soaring stocks and top 10 crypto movers every single month. All right. All right. At this point, I'm going to wish everyone a fantastic weekend and hope you all had a great week. I know it was a tough week overall, but hopefully next week will be a lot better and we'll get back to some type of real trend in the market. But obviously, with the CPI coming in the way it did and inflation higher than we expected, we had to expect we're going to have a red week and that's what we've had. Mind you, it's been really good for gold. It's been good for oil and Bitcoin's done well. So some assets still making a move, so you can still follow those trends. You can jump into gold stocks. You can jump into Bitcoin and Bitcoin related stocks. You can jump into some oil and gas stocks. Those are definitely where investors are jumping in, but you also don't want to jump in at a top. So be patient. Make good decisions. PXMD just went back up over 100% of the day. There's PXMD now up 111%. Indo and oil and gas play that's very volatile, having a very big day up 72% of the day. TPET up 58% of the day. EZGO up 53% of the day. HUSA up 39% of the day. MNDR up 24% of the day. VIX, VIXY up 8% of the day. This is how you make money in a red market as you buy the VIX. Rent was up earlier, giving back some of those earlier gains. So imagine if you chase that, you wouldn't be very happy right now. And those are the markets right now. Thank you guys for watching. Have a great day. You're boys out. We'll be back next week. Peace.


Serious news for serious people. Notes from the edge of the narrative matrix. Breaking. Experts are worried the Afghanistan withdrawal may lead to the spread of global terrorism now that the terrorists are no longer tied up with the task of occupying Afghanistan. Welcome back to Serious News Network. For years, experts have been trying to understand how dropping military explosives on people could fail to advance humanitarian aims. Here to shed light on this mystery is an employee of a think tank that's funded by arms manufacturers. We will know we are moving toward a healthy society when those who promote war and militarism are not rewarded with esteemed political, media, and government careers, but chased out of every public area they try to enter and forced to live out their remaining days in lonely misery. The fact that the mass media continually seek out expert foreign policy analysis from warmongers who've been consistently wrong about everything for decades is by itself enough reason to fully dismiss them. It's clear that the plutocratic media are going to be spinning the narrative that the Afghanistan withdrawal was a terrible mistake in every possible way over the next coming months in an attempt to discredit opponents of US interventionism on both sides of the aisle. The only time Western news media are able to criticize US foreign policy and ask government officials critical questions is to press them to be more hawkish and aggressive than they already are. The US military officially had a $14 billion annual budget for Afghanistan occupations in the year 2021. The next official military budget should fall by at least that much. If it doesn't, you've been scammed.  Doesn't really matter what the question is. The lesson from Afghanistan is not just that any US military interventionism will inflict unfathomable death, devastation, and trauma at incomprehensible costs, but that the entire power establishment will resist ending it for decades and paint anyone who finally does as a buffoon. All Republicans and all Democrats are talking about the Afghanistan withdrawal completely differently than they would be if it had happened in exactly the same way under Trump. The extent to which you are able to recognize this is the extent to which you are unplugged from the partisan puppet show. Most of the doofy Afghanistan takes you're seeing from people are the result of the fact that most Westerners just don't think very hard about exactly what war is and what it means. They're weighing things like women's rights against this nebulous, highly compartmentalized thing they've never truly examined. They're just like, yeah, we put the troops there and we just keep them there and they do whatever it is they do and then the women get to have a right and go to school. Yay, it's wins all around. They haven't looked at that big empty space in their reasoning where the war goes. Imperial narrative managers like to spin war as this super complicated esoteric thing that nobody but the most elite scholars can understand and many unfortunately buy into it. Really, it's the easiest thing in the world to understand. Mass murder for power and profit is wrong. Many Western leftists avoid foreign policy discussions and just focus on domestic policy for precisely this reason. They believe the bullshit spin that it's this super complicated thing they could never hope to understand when in reality it is the simplest aspect of the empire. A globe-spanning power structure loosely centralized around the United States orchestrates murder at mass scale to ensure perpetual domination of the planet. It really is that simple. The rest is just details that you can unpack as you learn about each empire-targeted nation. Oh my god, think of the people of Afghanistan. We've got to do something. I mean, I guess we could all open our wealthy nations to all the refugees who want to leave. Oh, oh no. No, no, no, no. I just meant dropping bombs on them or something. I'm not a lunatic. Boy, I sure hope Afghanistan is a sign the US is rolling back its insane policy of endless military expansionism and US special forces deploying to the Congo. If you view capitalism as the problem, you will see the increasing inequalities and abuses of the so-called great reset as par for course. If you think capitalism is great and just needs less interference from government and central banks, you'll see it as a freakish aberration. It used to be common to be able to afford to raise a family on a single income. Now it isn't, and the wealthy are wealthier than ever. That didn't happen by accident, but because of concerted efforts to manipulate the system gradually widening the wealth gap to what it is today. The deliberate advancement of agendas like deregulation, globalization, federal opps to sabotage leftist movements, union busting, and the methodical legalization of more and more money in politics have created unjust systems which cause more and more wealth to hemorrhage upward. What we are seeing in the wealth transfers, etc., since the COVID outbreak is just more of the same, with small businesses collapsing while billionaire megacorporations rake in unprecedented profits. We will be seeing more such things as capitalism moves to its next infernal iteration. Most of what rightists are saying when they object to COVID measures funneling more and more wealth and control upward is, stop! You're breaking the capitalism! But they are not breaking the capitalism. They are fulfilling it. The capitalist class is carrying capitalism to the end of the monopoly game. This is one reason rightists are more freaked out about all this than leftists. They'd be happy to see capitalism return to its 2019 levels of oppression, which in reality would just be rewinding to immediately before another similar kleptocratic move anyway. Leftists would not be content with that. So now what we'll probably be seeing is more and more rightists who used to yell, get a job or get a better job at people who complained about poverty getting screwed over and thrown into poverty themselves by the same system which was screwing over the people they used to yell at. More people will likely come to see that their businesses closing and their work vanishing was the result of the system screwing them, and hopefully see that the same is true of the poor people they used to turn up their noses at. If that happens, maybe we will see real movement. Which is what leftists have wanted all along. Leftists have always wanted a mass scale uprising against the systems of exploitation, inequality and injustice which gave rise to the situation we now find ourselves in. It's just that other ideologies are now perhaps starting to catch up.