Right welcome to DCA live everybody we take the concerning issues that are going on in the crypto and traditional finance market and try to make sense of it the question we have today is If it's even relevant is is up October canceled I personally think it is but maybe I could be wrong So I invited to my friends along to help me out to make sense of this all this is of course We got James from the best answers James. Thanks for coming back Hey everybody And then of course Ben from another crypto verse Ben welcome Yeah, so far so I mean well my portfolio is not doing good, but everything else is pretty good So let's go over it the news. So what's going on? We know the unemployment numbers suck Let's talk about why this is bad and what the feds response will probably be not that we know what's going on Now let's take a look at job openings job openings are down the average hourly earnings are down. Is that good enough to reduce? Demand which is what I believe the feds trying to do then. Where's the upside? What's the opportunity? What are you doing? You're sitting on your hands Are you running into the building burning bridge or the burning building and lastly? What is going on in the crypto world or traditional that gives you hope for the near-term future and of course We'll do a little little Q&A at the end and then as always you can find James and then their information is in the description below so you can check out their channel Also, I will recommend two videos for you to check out one been did with Guy over from coin Bureau cryptocurrency regulations fast anyone a little bit on a longer side But really good stuff and then been at it or James at a good one What the world needs crypto and just kind of seeing you know where we're going excellent videos. Thank you gentlemen I appreciate it. So Markets down s&p's down Now's next down. Let's start with James here the unemployment numbers. I know just I excuse me Ben I know Benny just put out a video So talk to us about why is this bad and what will the feds response will be because I think we're down to like 3.0 Actually, we went up right 3.5 3.5. All right. So where we at? Yeah, I mean, so if you if you just said unemployment is back down to 3.5 And in a bull market that would sound pretty good, you know But not not when inflation is still high not when the Fed is obviously trying to get inflation to come back down Lower unemployment and actually three and a half percent is the lowest. It's been this this you know this business cycle I don't even think you could even find unemployment Lower than three and a half percent unless you went back to the late 60s early 70s and that was an inflationary decade itself So the reason it's bad is is because the Fed has the green light to just continue raising interest rates, right? I mean like this is this sort of the story of 2022 and I've said the entire year they're they're gonna be making it to four to five percent by the end of this year and They're already at three and a quarter Another 75 basis point rate hike is likely going to happen in November I do think it'll in less inflation comes in well below expectations I think we'll likely have another 75 base point rate hike in November and what's interesting I've been following this relatively closely as if you go look at at CME group and and look to see what what's going on in December They're now saying that we have about a 24 percent chance of another 75 basis point rate hike in December as well Which is a new that's a new a new vault like something that's actually only recently occurred I was watching it for the last week It was hovering around like a one to two to three percent probability But with the most recent job report with unemployment going back down It just makes it seem like the Fed is gonna have to keep raising rates They keep saying their data dependent and I think that's true I think as long as unemployment stays low whether you believe the number or not is kind of irrelevant because that's the number They're using and and they've stuck to their guns the entire year They say look if unemployment stays low and inflation stays high, we're gonna raise rates and we're gonna keep them higher for longer I think a lot of people sort of refuse to believe that's going to actually happen but it seems like it's happening whether you like it or not right like it is happening what you like it or not and You know, I think the other the idea of achieving a soft landing I know it's I know it's like an optimistic scenario It does not seem like a very likely scenario because I would argue the only way you achieve a soft landing is if you can bring Inflation down without sending unemployment higher, but as I said earlier on my video sort of like a chicken and an egg problem like Does can inflation come down if if we have you know all this wage inflation? If if no one's really out of work and again I do understand that a lot of people are out of work, but it's not it's not being reflected in in some of these larger data sets that way that we've been following so I think that the Fed's response will be to Continue to remain hawkish to likely get us to at least a four and a half percent Fed funds rate by the end of the year So that means at least another 75 basis point rate hike and then another 50 at minimum So probably four and a half by the end of the year and then They'll likely continue on you know with their QT policy of rolling off assets from their balance sheet It likely will continue to put downward pressure on risk assets You know I actually looked I did another video recently where I compare this S&P 500 bear market with prior bear markets and We could I mean we could hang around the lows for a while as well I mean we could kind of slowly put in new lows and then it's possible that the next major leg down Could be after a recession is fully priced in because I again I understand the two quarters of consecutive negative GDP is a technical definition But another definition is is to see things like unemployment going higher and the Fed's not gonna pivot until that happens I think so I think it makes sense to assume that risk assets will remain under pressure for the foreseeable future and And that October is not canceled. It just it was never really a thing to begin with If you look I mean if you look at Bitcoin 2014-2018 those are the last two two years where October was read, you know and 2014-2018-2022 I would argue it was more likely that we we are under pressure this month It doesn't mean we can't have some counter-trend rallies. We've had plenty of them this year We had one in July we had one in March, you know, January February March We had one in July and August we can certainly have one again But I don't think it's I don't think the base case should be to assume that you know We're gonna rally back up and Everyone's gonna forget this bear market ever happened, right? I think the the base case is to assume that risk assets will remain under pressure and Until the Fed until the Fed pivots we shouldn't assume that the bear market is over and even once they do pivot If history is an indication the bear market still isn't over So I mean we have that to look forward to as well We could have a bear we could have a rally off of a pivot news, but usually the bottom occurs After they stop cutting rates not after they just simply start cutting them It's after they stop them much later on so I think it I think it would make sense for investors to still be cautious To be patient and and to not fight the Fed Okay, so on is the answer James same thing and that way and we had taught behind the scenes also to add same things on here the CPI numbers What do you think so the same question plus the CPI numbers? What do you think we're gonna be and of course talk Fed rates? Yeah, first of all, this is an inflationary supply-side recession So the Fed has no control over it All they can do is take a huge baseball bat and smash the hell out of the economy and that's what they're doing now The last thing also to turn in an inflationary supply-side recession is unemployment. That's where we are right now And we're also focused on the wrong numbers. Let me explain why yeah payrolls did climb. I think 260,000 last month the job is raised three and a half percent so This basically if you just look if you're in a plane at 30,000 feet You see three and a half thousand through our three and a half percent down below from 35,000 feet You think oh the Fed's gonna do a big hike not saying that they won't They've they said there's gonna be pain. So they're gonna make pain happen But the problem is the demand for new hires is dropping fast And I'm hoping the Fed see things like the KPMG report over half of CEOs Have layoffs on their radar remote workers first big employers already cutting staffers The over 50 crap 55 proud as a new labor fix cuz every under 55 is kind of part of the great resignation are quite quitting and the Fed is focused on inflation and That means jobs are collateral damage to these numbers give them another 200 basis points of unemployment Before they have to be concerned, but the problem is the lag it takes time to riff folks it's a legal process and You know everything is months behind so it's all a joke But the big thing that is really a joke for me is the unemployment rate fell to three and a half percent largely Nobody talks about this because the labor force declined. There are fewer people Looking for jobs and there are fewer people participating in the labor force I think the labor force participation rate fell To 62.3 percent down from 62 and a half percent in August. That's the problem People are part of this either quiet quitting or great resignation So the numbers need to be looked at in a larger scope Against the backdrop above the numbers. So that's my take in in terms of CPI, you know Everything was fine. Everything was coming crashing down real fast Until OPEC threw a curveball into the machinery now oils back above 90 bucks I always say you look at inflation look at oil that won't feed into this CPI result yet So we're okay, but it probably will the next which could make inflation a little more sticky Which is a problem and the fact I think it's just comical, you know Biden goes hat-in-hand to MBS in Saudi Arabia, and you know, he's in bed with Putin Forehand, it's just it was just desperate to see the weakness, you know, yeah us protects Saudi Arabia You know in the air and it was just it just very very bizarre circumstances, you know, everything everything in this world As I say it's broken everything's different So we'll see that's my take yeah So I can there is a chance that the CPI number will be will will be down But how much down is it enough to call the dogs off? I don't think so and then so why I guess the fall would be like does the Fed care about the CPI or the core CPI Because I mean if we're taking a look at that like which ones they really care, okay, then look at the core Yeah, yeah, so I mean if they're gonna do that is core CPI over you are we stripping out energy Yes, energy and food I think and food and food so like in that regard and if they strip it out And of course like you said it's not gonna catch up till later Of course, you know the price are gonna go higher I think the question then becomes like do we start to expect not what the pivot not What the Fed should do but what they're going to do and I know a lot of people been screaming James You're one of them and then Professor Siegel from Wharton Business School He's been screaming as well that that's drone Powell is doing everything wrong And it's it's gonna lead to a big collapse, but as we're looking at these things Is it really about like what they should do or what they're going to do? Because we can talk all day long like what what he should do, but he's not gonna do it It seems like am I wrong here Well, that's it's actually my former professor the guy you just mentioned So I think I think we're missing the forest for the trees here recession is the real issue This is the first time that the Fed will face another true Volcker test Which means hiking into a full-blown recession stuff is gonna break The studio survey tells you stuff is gonna break Um State it's I just got a report that maybe the video is stuck live could somebody check on YouTube and Let's see maybe so keep talking. I'll take a look. All right And the real problem is as I think oh Coons law I did a video in this earlier this week and it talks about how when you drop GDP for example if you drop GDP growth by one percentage point it basically strips out 800,000 jobs out of the Employment batch or reduces an employee by half a percentage point and that's the biggest problem and that combined with things like quiet quitting That's why we see the productivity number is going in the toilet. Yeah, we're sitting around in their jobs completely checked out Who knows what they're doing? Maybe they're watching YouTube at the office, right? What you guys and then the jokes is also falling fast Beverage curve is another one which is the simplest way to explain why the Fed is raising rates because of the lags and everything else, but again Everything is going to come down crashing hard. I do believe I think cracks cracks are already forming in other parts of the world Here the UN calling the Fed saying hey slow down. You saw the problem in the UK. You saw the Australian Central Bank doing a little tiny slowdown and rate hikes Which was not expected. So, you know, we're seeing cracks in the system and We've seen the housing market in the US grind to a halt etc. Etc. So we'll see Yeah, we see so yeah, and we did a video on this yesterday. We it was Mary Daly the Fed chair for San Francisco and they asked her point blank Are you gonna pivot because the UN UN college you said what they want to pit They you guys should you're destroying everything and Bank of England They've already pivoted and she said point blank She's like look we have a mandate from Congress for America and essentially saying we don't really care What's gonna happen in globally? I think that that is a mistake and we'll see how it all plays out I guess that would lead me to my next one and James. I'm gonna since you're up here again I'll start off with you the job openings down average hourly earnings are down Is that good enough and what I'm talking about specifically is there was two numbers? I think you shared this with me US added 263,000 jobs in September, but that's cooling off from July was almost gosh Almost 600,000 and they went down to below 400 now they're at 263. So that's a cool off They would take a look at real Real average hourly earnings from August 2021 to August 2022 1126 1095, but then if you look at it, you can see the average weekly earnings went from 1,067 to 1116 So I guess this would fall up with what you were talking about before as far as like earnings And wages and how they're actually much lower But is this good enough to reduce the demand for what what the Fed wants to do because they can't deal with the supply The only thing deal is with demand by clubbing everybody over the head and saying stop buying or kidding out there and buying things Yeah, to be honest. I I actually don't know what the Fed are looking at or what they're doing You know people like Neil Kashkari if you just look at his tweets and all the things he said over the last year and a half He's all over the place He said I think early this year. He said we're never going to high grades until at least 2024 And here we are now. He's saying we're never going to stop hiking rates So I just don't know what all these Fed people are actually looking at But when you peel back the onion and you look at the true data and you look how things are different Ever since c19 because c19 did shake a lot of things up It shaked up how companies operate how they employ how they compensate and and also Again, great resignation The 55 plus is coming back to work because they have to and the younger people not working and the productivity being in the The toilet that's the real problem But I think if you project forward things like the jolt's curve the beverage curve Look at oakun's law like I mentioned before It's all coming down real fast just like inflation because of demand Destruction, but it just takes time to come to the system and when they hike rates Like the rake heights that they do say for example in september We don't see the full effect of them till march next year. That's the problem So the damage is already done And if they keep this accelerated pace up We're smashing a summer 2023 into pieces This is not good Yeah, that is that that is the big problem ben's same thing over here Anything to add or you want to go to the next one or I want to talk about what's the upside and what you're doing Well, I mean, I don't think there's um I don't think it's enough to keep the fed from raising another 75 basis points. Um I think what's more what they're more or less So going to be looking at is the inflation report next week So if it if it comes in really under expected then maybe they do 50 But I'm still on the camp that they're just going to go forward with a fourth 75 basis point rate hike And I would only change my mind depending on on where the inflation numbers come in So I don't really think the uh this report is gonna is going to actually change anything there I mean, I think they've been fairly clear and and as far as as far as, you know, then continuing to raise interest rates and and break something Yeah, I mean like that's what we've been saying for like the entire year is that this is what's happening and this is why Cash is king, right? This is why the u.s. Dollar is king right now And and their risk assets remain You know remaining incredibly risky It's only a problem if if you haven't prepared for it like if you if you've prepared for it I mean you you kind of want asset prices to go down in the short term So it's not about what they and you asked earlier like it's what what should they do is what is what should they do the same as what they're doing I think so. I mean, I think they should raise interest rates uh because we we know what happens when they pivot back to qe And and then go back and forth you get you get a stock market that goes sideways for 16 years Like we saw in the late 60s to the to the mid 80s So, you know, would you prefer to play that game where we just sort of like play tennis that that pivots and they You know, they go from qt to qe to qe to you know Just back and forth for 15 years and we watch the stock market go sideways That's the other I think that's the other path if if we don't I would prefer just get the you know Rip the band-aid off get it over with Now set us down to however low we're gonna go and then maybe we can go back into another period of economic expansion I I don't I don't buy that they're doing the wrong thing I I think they did the wrong thing last year by not raising interest rates when they should Now hang the price for it Yeah, I think I think maybe that's why why Jerome Powell and the rest of the board are like We need to do something now and we need to keep our our foot on the gas because we screwed up last time We're not gonna say that but we want to keep doing this so we don't so we can save grace All right. So then so ben you're here. So tell us something We know where things are going we know what they're gonna do So, what are you doing? Are you sitting on your hands right now? Are you buying anything?  Or are you running in the burning building and you know buying some things around around the bend? um Yeah, I'm not I mean I haven't bought any crypto except for except for bitcoin in And at least like nine or ten months. I think Um, I have picked up some bitcoin at these prices because I think like long term There's still good value and I also want to hedge against like, you know If we don't have another leg down eventually Then I think it's worthwhile to have to have some bitcoin, but at the same time Like I I don't know how I can look at these market conditions and say that like I wouldn't want to have cash Right, like if I if I think if I think we're likely going to see unemployment going up eventually Which I mean it seems like it's going in that direction. It's just taking a long time is as james sad, right? I mean like you're you're slowly seeing it occur with the slowing of the of the job mark You know the you know the the jobs being filled and whatnot So I do think we're going to get there. It's just that history shows us that The stock market doesn't bottom until after unemployment is is getting close to its peak But unemployment hasn't even started going up yet, right? So um I I think like I can't assume yet that the stock market has bottomed yet until until we see Until we see inflation coming down and the fed pivoting and and then we we kind of see how much damage they've actually done Until then I I do think cash is is honestly probably one of the best places to be Uh, and and when I say cash, I I should say I I'm referring to the u.s. Dollar. I'm not referring to like euros or Other things. I'm I'm mainly just referring to the u.s. Dollar But the way that I mean you you can also earn interest Do you know one thing that my generation of investors have not been privy to since we've really been an investor Is our interest rates this high?  I know it's not much But it's something and and I don't have to worry about that I don't have to worry about that cash losing 30 percent because you know because the stock market has another leg down I don't have to worry about it losing 70 percent because some altcoin gets rubbed, right? I don't have to worry about that It's 4% It it kind of sucks because inflation is that you know at least 8.3 percent year of a year for headline inflation But it's better than nothing and and it's probably and I think it just sort of goes along the same sentiment of it's It's the year 2022 is the year to protect your wealth not to try to create it And and that's that's sort of the camp I sit in so I still do think cash is king I've said that all year. I think it will remain king Uh for the rest of this year counter turn rallies aside.  I mean again, it's gonna Depend on how long it takes unemployment to really start to move higher Again, the last thing I'll say on the matter is right now We're in the phase where good news is bad news So like it's actually good news that unemployment is low, right? Like in your most circumstances you want unemployment to be low But right now good news is bad news because it means the fed has to raise rates Eventually, we're going to get to the phase where bad news is good news So like once we once we start seeing the unemployment rate go up Um, the fed will likely have to pivot and then it'll be bad news is good news And we'll probably get some type of of pivot rally, right where where everyone thinks the worst is over But then we'll we'll then we'll probably get back to the the final part of it Where it where it's bad news is bad news when you know after the fed pivots and the economy still isn't recovering That's when I think you could see another another um Pull back in the stock market where you finally see bad news being bad news And then and then the bottom will likely be in Yeah, there we go bottom could be in at some point James same thing here. What are you doing? And this could be crypto. This could be equities. This could be real estate. Whatever you got What are you doing right now burning building running in or Hands put things in perspective Nothing has changed from my side always keep some powder dry Hedge positions and nibble on items that you want for the long haul uh DC as and steroids as I call it now crypto actually for some perspective Since we are here together last friday The s&p 500 is actually up 2 percent.  Bitcoin is a little bit higher than it was last friday as well So that is just some perspective. Uh, the other thing, uh, a lot of people were hoping for was some crypto regulation But I had to have you guys bend you to the big video on that that's not gonna happen until 2023 Yeah, I mean congress are sitting on their hands or whatever they do over there. I'm not sure So the big thing and correct me if i'm wrong ben you said a while ago That the market doesn't bottom until we are two thirds the way through the recession My take is always one third the way through the recession is when the market bottoms And in the big 11 recessions since 1953 I think the average length is about 10 months. So we're already two quarters into this. So I know there are some outliers. I think the global financial crisis recession was about 20 months not 10 So longer than average, but with that I think we are very very very close to the bottom. That's how I say it's like jumping out a basin window So if you're in positions now, uh, it's too late to sell, but it's a great time to enable for sure James the counter the counterpoint to that is that you're saying the recession started from like the two quarters of negative gdp definition but i'm referring to the recession as defined by Uh, how it's like how it's actually been defined and when unemployment actually starts to go up Like there's the technical definition of the recession with two quarters of negative gdp And then there's the actual recession where you actually see unemployment go up and the stock market doesn't usually bottom until unemployment actually starts to go up so there And this is why everything is so different and this is why you know people have multiple part-time jobs There's been the great resignation There is the whole labor force participation These are all the curve balls that have made history a little more difficult to read That's my take. So I love having this debate with you because together we'll find the answer and that's the great thing about dca But overall, uh, I think it's just a good time to nibble on stuff Crypto as well held up very well. I think Since the 20th of august crypto has outperformed the smp 500 So we'll see in a lot of talk about decoupling Maybe this could be the year somebody was saying there could be a big decoupling happen up to a year end So I think the big question is what are you doing yet nibble on good things that you have a long-term perspective for Like even a couple of quarters, you know, certain assets are going to have amazing earnings Despite a little blip or despite some weird acquisitions happening with twitter, you know, things are getting Completely oversold right now But there are other assets that are just in the bargain basement that You know, it wouldn't have dreamed possible To get at these prices and there are some things that are holding up strong like i'm ready to buy I've got limited orders in on a bunch of assets and it's just not getting to those levels but I did fill Fill my bags with crypto during the summer and now i'm looking at key equities to add It's pretty solid and I will say this like there's a little difference of opinion here about Recession how long it's going to take to bottom all those things But I think we we can all agree we're headed that way if not here right now And 2023 is going to be a pretty rocky year moving forward. Can we agree on that? I don't know when it's going to stop, but I think 2023 is not the greatest Yeah, I think the bottom I think the stock market probably bottoms in 2023 is my guess James same thing or maybe longer We are we are in kind of reaching touch of the stock market bottom. That is probably the 3500 level Maybe even 3600 in the sp500 and we'll see we just need a couple of signs of cracks of You know when people sniff out a fed pivot you see the market react fast Like we saw monday and tuesday this week Two two and a half plus gainer days on the smb 500 consecutively and that rarely happens and so The point is timing And trying to get inside the heads of the people at the fed Is both a scary thing and an impossible thing to judge and estimate But When that signs of that pivot actually do happen or when they do pivot Things will just go insane and we'll see squeezes like we've never seen before And that's that's the piece we look for but we just don't know when that's is it another 12 weeks Is another 16 weeks is another six weeks? I don't know But it's coming soon because the the other big thing is if you look at the credit markets out there They are in really bad shape right now and that's the piece that The you know the fed look at I hope they look at but when credit dries up That's when you get a global financial crisis and credit is drying up Fast right now and you look at the credit default swap Prices right now out there. You saw heard last weekend what happened with credit swiss Deutsche bank. These are zombie banks. They're probably illiquid and they're still out there floating But once one of those big guys crack you'll get the domino effect like we had in crypto and that could be ugly If that's the case and what we'll move forward, but if that's the case I know some people here have just gotten to crypto in 2021 or maybe new investors But these are the things that that people have been here for a while Ben james myself other people out there We are salivating at these opportunities and it could go down much lower. Let's just be honest And uh, but these are the things that we'd actually I I can only speak for myself I'd like to see a little bit lower because I don't feel like the bottom's in I think we've got a ways to go I think time will tell but now that we just hit everybody over the head and clubbed them like baby seals Let's bring it back just a little bit I would like to I would like to say one thing about that Rob Like just because like I see a lot of people in the chat saying that like I'm I'm like I'm too negative I would argue that like it's better to be it's try to it's better to be It's better to be objective about something And and to try to plan for a potential scenario Then to just say it can't happen, right? So like I do think that's important and the reason I've said cash is king this year Is not because I'm like anti crypto or anti anything like that It's just because I know the real opportunities in the last bear market came in you know in 2019 They they did not come in 2018 yoloing every every single counter turn rally on the way down, right? Like it came the following year So I'm saying it so that you don't make the same mistakes that I've made not because I'm anti crypto or anything like that I've just I've been burned so many times in crypto myself in in 2014 and in 2018 And I know and I know how bad it it actually can get and I mean just because an all coins down 80% doesn't mean it can't go down Another 80% like it can there's a big difference between an 85% correction and a 90% correction Like it's not as little as you think so I'm not anti crypto I don't I just I think it's important to remain objective and to recognize that really the people who did who did the best in 2020 and 2021 Were the people that were buying in 2019, right? Not the people that yoloed every dip all the way down in 2018 starting from 20k and and you know And the all-point market all the way down and I know I mean I I I made some of those mistakes So yeah, I get I get why some people might say it's just being me to being negative But at the same time, I think the people that actually stack cash this year Those will be the real winners of the next bull market Yeah, and I was out on that I missed that can cash for a while and I'm waiting for this opportunity and I think that right now Like I'm just waiting for the housing market to crash. It's coming. I mean it's already on the decline I'm waiting for crypto to fall even farther as far as equities I don't play too much in that game, but I but I could see myself picking up some more amazon later on The thing is it's hard to sit on your hands and do nothing It's the most hardest thing you can possibly do but the ones that do that and have discipline And it can wait it out are the ones that are the next deck up millionaires If not billionaires the next one. I know it sucks to hear like like the negativity But it's better.  I was there in 2017 I was there in 2018 when people told me the same nonsense that you may hear another crypto channels And we do not do that here. So having said all that What is going on? This is a good pivot What's going on in the crypto world that that gives you hope for the near-term future me personally? I just feel like there are some and james talked about this a lot about the big institutions We got the black rocks the the mass mutuals the the nigh digs that are coming in and they want to do a lot of things I also see that there was a chart If we just take there was one that's the bitcoin wallet size You know we're at an all-time high for bitcoin wallet size is greater than one bitcoin Which means people are buying and holding and then we take a look at holdal waves I know ben's big on this one people are really holding on I think it's like 66 or somewhere around there So these are the good things that I see it's just going to take time. So Ben I'll start with you because this would be good to to transition What gives you hope not in the near term? Let's be honest. Let's let's just take things out a little farther Well, I mean and to be clear even in the near term you could always see bitcoin rally back up I mean, you know, who knows? I mean if bitcoin was at 25k a few weeks ago We could go back to 25k and not necessarily change the macro outlook But I think uh, you know one of the one of the videos that I did recently And I think you mentioned this earlier was with guy from coin bureau and he's actually been on this Been on dca before I think one of the weeks that I wasn't here um We talked a lot about he talked a lot about regulations in europe and how it is actually looking a bit more optimistic than It was previously. So I do think that is at least one reason to be hopeful I think crypto is absolutely going to be huge A decade from now like I really do and and and well before then as well This is our I think this is just our dot-com bubble, right? Like this is our our our crypto bubble that we're waiting, you know, we're waiting through the bear market And and it's going to grow like crazy Once and you know, once we get back to an area of economic expansion We're just not there yet and it's better to just be honest about that and a plan for You know what I would consider the to be inevitable than to to assume otherwise, but I think in the united states I'm hoping that we see more regulations coming. I know there is some there are some There's supposed to be some things coming out. I think over the next few months providing some regulations I I think we've seen more, you know, larger institutions get involved in bitcoin in this bear market The funny thing though is as I said before in a bear market. No one cares about the good news There's been plenty of good news about crypto in this bear market Like you it wouldn't take long to find good news about crypto in the bear market.   Like it just doesn't matter. So, uh, yeah, I think there's been a lot of great positive developments I mean blackrocketing involved with bitcoin is is a good thing, you know, fidelity has I you know, they've been launched Talked about launching some stuff In the crypto verse as well All of these things are going to provide on ramps for people That one access to crypto that one exposure to crypto in the next bull market But I think it's reasonable to assume right now that a lot of larger players Don't want that exposure because there there still are a lot of uncertainties as to what crypto even is like Is this security? Is it not a security? Which ones are which ones aren't? Which ones are going to be regulated? You know, we'll we'll be Well, the validators comply with certain regulations like there's just there's so much uncertainty that we simply Don't know and I mean even like six months ago There, you know, there was some wording going into one of the bills that that made it sound like the validators We're going to have to kyc their delegators and it's like that's not a realistic thing You know, so I think there's some fear in the short term that the us may over-regulate Or they just don't know how to regulate it because none of the people there really know what they're talking about When it comes to crypto But once we get past that phase like once we once we are, you know We have some more clear card regulations that a lot of a lot of these bigger institutions are going to look around and say well Look, I mean damn like I mean it. Okay. It's a security. So what we buy securities all the time Now that we know what it is we're buying and we're bullish on the asset class in general It's time to buy so I do think like there are definitely positive developments going on but You know the the the recent happenings with with luna and and celcius And and even what just happened on the finance marching, you know, like yeah These are not This is not in still confidence into into into the bigger fish, right? I mean we might look at it and say oh, it's no big deal But if you're talking about someone with hundreds of millions of dollars They're not just going to go put it on some on some centralized platform or Or decentralized platform that that might have bugs so It's the time to build and that's another that's the that's the last thing I'll say is the the last thing that makes me optimistic is that despite how bad things have gotten with price and and despite how Bleak the short term has been for quite a long period of time There still are people building and there's still people that that see the vision of the future And I see that like I've met with some people actually in person and and they're very optimistic about You know about what comes after this And and what I what I sort of see is I see that the people that are going to start these companies now In 20 years I mean who knows it it's crazy as it sounds like it that could be the next apple or or Microsoft or or who knows what it could be I mean these companies back in the dot-com bubble They seem like nothing back then or they likely would just go to zero and now they're like the giants today So they're really cool to see which businesses Are born out of this out of this recession and in 20 years We'll probably look back and say oh man. It was so obvious. It was so obvious Yeah, I remind everybody amazon started as a bookstore And that was supposed to fail And then just remember that disney was started in the great depression And also in 2008 2009 you had big companies like uh linkedin and air bnb started up So it can happen. So just pay attention to the ones that are actually being built James What gives you hope my man? Just uh the many things give me hope but i'll just Share some numbers and what always fascinates me about bitcoin is it's so hard So let me just share a couple of numbers here one is the number of millionaires on earth 62 and a half million millionaires And number two the number of bitcoin ever available 14 million because so many are lost and sento should lock up Etc. I've talked about that a lot of times The number of bitcoin on exchanges today To about 2.06 3 million bitcoin And so if you wanted to buy all of the bitcoin on exchanges all you need is 40 billion dollars And that sounds like a lot of money But remember 40 billion the crypto market cap was 3 trillion at its high in november 40 divided by 3 000 is a tiny tiny percentage and the total global wealth on earth is 465 trillion And if you take the purchase Of that 40 billion to buy all the bitcoin that exists on the exchanges It's only point zero zero zero nine percent of the total wealth and the amount if every Every millionaire out there wanted to buy one whole bitcoin There's only enough for 3.3 percent of all the millionaires on earth That's why i'm excited and of course if those 3.3 percent of millionaires with 3.3 as i was 18 hundred 1.8 million millionaires The price of bitcoin will probably shoot to about over a million dollars if they all went to buy at once because Simply no supply so so what has me excited is scarcity and we're still very early We have another bite at the apple You know people were kind of frustrated when bitcoin shot from 4 000 to 67 000 in a relatively short period of time That was insane But now you know, there's a sub 20k bitcoin available to some people And i actually know a friend who was like a non-believer for the longest time I was like bitcoin ponzi. It's bs. Da da He went out and bought a whole bitcoin the other day and they said, you know, i'm just going to have one and It's 20 grand hookers and we'll stock it away and see what happens. So that gives me hope We're still so early the thing is so scarce And there's a lot of other very creative stuff happening That the world needs made a whole video about that yesterday about The world needs crypto because you can't trust governments and legacy financial systems are horrible There needs to be an alternative and that is crypto. So that keeps me bullish on the space. I hope I didn't ramble too long No, no, I you know on that video I like the statement that you said you're talking about jack mollars how he said that uh, if you print money for free Then all that that's really backing it is trust which is fiat But with bitcoin it cost electricity. It cost time. It costs space and overhead. That's how you can trust it I thought that was a pretty good statement. So yeah, that's it. All right, everybody So that is it for uh, the questions now We'll just slip into a little q&a. I'll make this kind of quick about 10 minutes or so and then as a reminder Today I am doing a a meet-up in here in El Paso. So come on down classical kitchen Over on uh, it's uh, montana and mccray. There is a the address is in the uh a description of the video I'll be there from 4 p.m. To 6 p.m. Stop on by. This is all you got to know right there beers and food Let's be honest market sucks.  You're right. I will buy the first round. It's been a crappy It's better Yeah, so come on down again the link is in is are the uh Address is right there at classical kitchen 9615 montana and that is it So now gents, let's move into just a little q&a. Here's some comments that I I caught on the way People in cash want things to break people in the market are hoping for some proof. I think that's all of us I don't know if that's that and then being realistic is not being negative. Unfortunately, that's the true Uh question ben obviously has a huge pile of cashed probably so let's see I love this one They're all wrong As is everyone else. No one knows wtf what they're talking about. Look, here's the thing I will say about this This is not financial advice. Nobody has a crystal ball. These are educated guesses at best So do we know exactly what's going to happen? Absolutely not and then Beardy boomers had their 40 year bear one. They say now is it time is time for pain and they're retired? Yeah, but just like ben talked about what's the uh What the t-bills now For to get for like percentage wise Treasury bills 4 3.7. I think you get to 4% on t-bill a two-year. I think Yeah, I'm getting I'm getting around 4% on it for you No, okay, and then here's the next question ben and dan will be buying at 35k Ben just to clarify you said you were you were buying a little bit of bitcoin right now I I have picked some up recently. Yeah, like I I did get some because I have some like risk levels that I follow Uh to buy so Even in the capitulation in june.  And they they say it all the way down, right? Oh, they'll just buy they'll buy at a higher price later on and But it's funny because we we've just kept falling you know, I mean So yeah, I I I think it makes sense to to have an opinion and to be hedged either way but Um, yeah, that's my opinion sounds good James what do you got? Yeah, well, you're still you said you're already buying a little bit here and there and you got to your limit orders Yeah, so I I had a a plan of what I wanted to do and I've kind of Unless crypto gets a lot cheaper I I'm done buying that but now I'm looking into some equities that have had my eye on that are super super cheap and just waiting for Them to bottom some of them are a little bit earning sensitive And we're going into earning season So if any any stock right now misses earnings They will be smashed any stock that beats earnings Will catapult into the stratosphere and that's kind of the way it works right now. So You got to watch for earnings season. It's going to be very important in the coming weeks What's your what's your best bet? To be Well, I think some companies will miss A few good companies will beat and that's what you want to be in So there's a lot of talk about certain industries not doing well You know Media companies like google trade desk, etc Some of the software companies the Shopify's of the world. They'll be kind of wants to watch very carefully tesla They had a delivery miss, but production Was fine. The question is how does that transfer into the actual earnings themselves? So we'll see but a lot of a lot of weird stuff going on But there will be good opportunities arising over the coming weeks. I think I got to agree How about this one? This is interesting if a lot of people are holding cash I don't know if a lot of people are holding cash. I think people are kind of I mean the smart ones are Uh, can we assume the bottom will be shorter? First of all, we got to find the bottom any any thoughts on this one Yeah, so um, there is three trillion dollars on cash on the sidelines with professional money managers They're not paid to sit on cash So they feel incentive to actually buy and deploy and that time is coming real real soon Um, and I know a lot will drop a lot of money if we get to the level of 3,500 in the scp And we're currently about 3650 right now So 150 points and you'll see a lot of money come into the market and that could cause an avalanche But we don't know It comes this way But that that's the cash on the sidelines and then retail retail doesn't matter It's the asset managers that are holding three trillion retail doesn't have three trillion in cash So it's uh, it's a nothing burger Sorry about that. All right, and then Ben what do you got? I mean normally the bottom for crypto last at least a few months. I've been uh 2018 We spent about four months at the bottom In 2015 we spent like a year. I've had the bottom So I guess it depends on how far down we go. I mean if we go down If we just have a normal, you know normal final drawdown like we we like we saw it 2014 and 2018 I mean I think it could last a few months. I I um I don't think it's going to last like three years or anything like that but If history if history shows us we we should spend at least at least a few months At that at that level I can see that. All right, then last one and then we'll get out of here is um Coming elections Well, it helped for the relief rallies. I don't know if they're talking about the day of 30 days 60 days or 90 days or 180 days afterwards, but what do you think I think personally? I mean if you look at the at the stats usually You know 90 days after 180 days after you see the things start to rally but We're in a different position right now. It all depends on a lot of macro factors What are we are we going to keep having this this war in ukraine?  And then what's going to do with the cpi and numbers but anything else guys? I um Fully aware of my inability to predict Short-term rallies or bear market rallies like I I can't predict them. I'm not going to even try to I thought we were going to get a a bear market rally in june and then it happened in july So I I don't know honestly. I don't know when they're going to exactly come and Maybe maybe you would see something around the the election time But I I can't like I wouldn't like I wouldn't necessarily put a lot of money on that idea You know like who really knows I mean if you look at if you look at history I mean 2018 bitcoin bottomed in december and november was not a great month either. In fact, I think in 2018 november um We went down like 30 percent or something And that would have been four years ago, right? So we would have been dealing with the same You know the same type of stuff in terms of elections and that kind of stuff. So I don't I don't think there there should be that much weight put into it Uh, but I mean, you know, I'm sure I'm sure if we do get a rally Uh, you know a bear market rally back up which I would contend is always possibility Um, sometimes you gotta you gotta squeeze the shorts, right? If we do get it I'm sure the narrative would be that it's because of the um of the elections Yeah, unless michael sailor runs for senate wins. Maybe that could be it James, what do you got? Yeah, I think uh, what'll cause the markets to rally if they can pull power from The current people in power right now. I'm not republican or democrat. I don't care about either But uh, markets perform better with lame duck sessions And right now the senate is looking like 47 republicans to 46 democrats So that could change the balance of power and remove power from the government and that's what markets like They don't like when they did spend money And allocated very poorly, so not a political statement. I don't want to get any But just get government out of office and it will all be better off Well, that should be the whole crying thing get government losses and that's it. That's it for today So guys, I want to say thanks again for stopping by and again for you watching the video if you haven't already subscribed to james and ben Their channel is listed in the description again those two videos That's uh, ben did one with with guy and a couple of different grid ones out there and then james, uh, his last ones about uh When he was challenged and then the next one why the world needs crypto great videos. All right, everybody That's it. Thanks so much for stopping by appreciate it. Like and subscribe all that good stuff And we'll see you on the next one Every weekend everything good weekend. Good weekend. See you at classical kitchen


Hello and welcome to this presentation about handling and care of library and archival materials at Tulane University Special Collections. This presentation is a collaboration between Tusk Collections Management Team and Tulane Libraries Conservation staff. We are excited to bring you this vital information so you feel comfortable and confident accessing our unique and rare collections. Together we will discuss topics such as preparations to make before handling items, how to safely move items, and how to handle different types of materials. All Tusk staff and student employees should feel confident and comfortable while handling the important, unique, and sometimes fragile materials that we work with every day. There are things we can do every day to protect materials before we even pull them from storage. These are the basics that mitigate risk of damage and loss. Always handle collection materials with washed and dried hands, free of lotions or creams, and make sure your work surfaces are clear of dust and debris. Clean your work areas with a cloth or paper towel dampened with water. Do not use any cleaning chemicals or solutions and dry with a separate dry cloth. Much of the material we work with creates debris because of its age and ongoing deterioration. Be sure to clean the work surface after use if the items have made your work surfaces dirty. Sometimes the debris ends up on the floor where you are working. If excessive, use a broom and dustpan to sweep up or request custodial staff to assist. Remove any jewelry or pieces of clothing that might get caught on an item, including large rings, long necklaces, bracelets, or scarves. If you are wearing nail polish, be extra cautious of your fingers as the polish can rub off onto materials. Ensure that all materials will fit safely on the tabletop that you will be working on. Do not let them hang off the sides. Do not leave items, folders, or boxes stacked on your work space. Do not lean on collection items or boxes, or use them as a writing surface. If you are writing, only use pencils in collection storage and processing areas. If you are leaving your work area for a long period of time, such as for a meeting, a lunch break, or overnight, be sure not to leave material exposed on tabletops. Close all folders and boxes that contain collections. Protective enclosures go a long way in protecting material if there is a leak above a work space or as dust and debris collects on surfaces. Also, you can place a simple object below or collections and process sign on top of the materials so others entering the area know someone is actively working on the materials in that space. Never consume food or beverages in workspaces where collection work is being done or in collection storage areas. You may have beverages in containers with secure, spill-proof lids at your desk if no collection material is being viewed on your desk. You can also store your spill-proof container on the floor next to your chair if there are collection materials near your work station. Most commercial adhesives are highly damaging, so we prohibit the use of sticky notes on archival and library materials, boxes, folders, mylar sleeves, or other protective enclosures. Instead, use pencil-on-flags, which are strips of acid-free paper to separate or flag materials. Do not use rubber bands, paper clips, including plastic paper clips, binder clips, or fasteners of any kind on collection materials, as these can also be highly damaging. If you find evidence of mold, pests, leaks, or other potentially damaging situations, let your tusk supervisor know immediately or contact a member of the collections management team. When in doubt, ask tusk staff for help. Now let's talk about gloves. You may notice they weren't mentioned in the first section about mitigating risk. There is a common misconception that you need to wear gloves when handling any special collections materials, but this isn't true. The only time you need to wear gloves is when you're handling photographs, metal objects, and film. Oils on the hands and fingers will hasten the deterioration of metal objects, as will fingerprints on photographs and film. This kind of damage would require a lengthy, specialized process to remove. Gloves are not needed when handling paper-based collection materials, such as books, maps, letters, or documents, but wash and dry your hands prior to handling. This removes as much of the oils on your hands as possible and leaves you with the dexterity needed to feel the paper and scents when it might be prone to tear or break. Wearing gloves when handling paper dulls the tactile scents and can end up causing more damage. However, you may choose to wear gloves if the material you are working with is dirty, actively shedding, or degrading to protect yourself from accumulating dirt on your hands. When you do need gloves, the preferred gloves these days are powder and latex-free nitrile gloves. When retrieving items from storage, think ahead about your endpoint. Though it might sound backwards, the first step is to prepare your landing place before you remove any item from a shelf or drawer. Clear an area that can support the entire item, such as an empty card or work table. Be aware that large folders require a large table to fit the entire enclosure, not just the item inside. Always be sure your route from the shelf or drawer to your workstation is clear before you remove an item. Check for any tripping hazards or furniture that might be in the way and move them. If there are any doors between the shelf and landing place, prop them open ahead of time. You don't want to be juggling door handles and collections. Gently bring the box forward from the back or sides so you can place one hand beneath the box while supporting it with the other. Lift the box from the shelf, always supporting the box from the bottom. Move the box to a library card and transport it to its endpoint. Avoid carrying the box in your hands from storage to its intended location. Removing a book from a shelf is a similar process. First, let's make sure everyone knows the parts of a book. We have the spine and two covers, the upper and lower board, or front and back cover that make up the case of the book. The paper in the middle is called the text block. The top edge of the book is the head, the bottom is the tail, and the edge parallel to the spine is called the fore edge. At the top and bottom of the spine are the end caps. And some books have colorful thread just inside the end caps called end bands. The end cap at the head, which we will mention again in just a bit, is often called a head cap. Move the books on either side of the book you are removing to the side so you can push the book slightly forward on the shelf from the fore edge. When the book is positioned forward or on the shelf, grasp the book at the middle of the spine to remove it from the shelf. Never take a book off the shelf by pulling the top of the spine. This strains the head cap and over time causes damage. While you can carry one book of a standard size in your hands, always transport multiple books and oversized books using a book truck and a bookend. Be sure the books are supported on the truck so they don't fall over as you move. If you need extra support or an enclosure for safe transport, you can reuse a clean, gently used archival enclosure as temporary housing. Once you have safely removed a document box from the shelf and moved it to your prepared work surface, take care when handling the materials inside. Be sure that your work surface is clean and flat and remove only one folder at a time. Removing too many folders at once will cause folders left in the box to shift around or slide down, which can cause damage. Or materials may be loose in the folder and quick movement may pull or shift the items unnecessarily. Use a non-acidic marker flag to indicate where the folder was removed if the folder is not clearly labeled. Place the folder flat on the table before looking inside. Do not hold it open with one hand or partially lift it out of the box and thumb through the folder. You never know what is in the folder and the material should be supported on the table. Keep items in the folder in order and if you need to remove an item, use another non-acidic marker flag to indicate where it came from. Do not leave an open folder of documents unattended and be sure to close the folder and return it to the box before walking away. When returning items to their folders, make sure they are collated in the folder with no edges peeking out. If the item in custom housing is a book, remove the book from the box before opening it as its edges may catch on the sides of the box. It is also best to use a book cradle to open the book as this will give the structure proper support. It is generally best to use a book cradle unless the book you are handling can withstand being opened 180 degrees. Listen to the book. Use your judgment when opening and feel its point of resistance to estimate the maximum open angle the book can withstand. To set up the cradle, place both supports down on the table with space between them for the spine. This space should be approximately the width of the spine so it will fit snugly. Place the book onto the right side of the cradle and open it slowly. Once you have a feel for the resistance, open the book and place the front cover onto the left support. Open it slowly and watch the spine when opening. If it looks like it may crack or create a sharp angle, use more supports under either side to support the cover and create a smaller opening angle. The book may already have been cracked at the spine, so be aware of prior damage. Use a snake weight or bag weight if pages spring up. You can also place larger angled support beneath the two smaller front and back supports to lift the book to an angle for easier viewing. Turn pages carefully when the book is in the cradle. Turn pages one at a time and use two hands if necessary. Be aware of the condition of the paper and previous edge or corner repairs. Be aware of possible foldouts or loose pages. You can also use a microspatula to assist in lifting pages. Pay attention to the spine as you turn pages. Your cradle and supports may need to be adjusted as you turn more pages and the weight of the book is redistributed. Make sure it is always properly supported. If the book is tightly bound, you may not be able to open it very wide. Once the book starts to resist opening, stop. Do not force it open. Forcing a book to open past its point of resistance can lead to breakage of the spine. If the book is large and you cannot open it comfortably with two hands, place the book flat on the table and open only the front cover. Think of the opening as angles found on a protractor, with the flat cover of the spine representing its flat base. The book may only want to open 30 degrees. It may want to open 90 degrees. Pay attention to the resistance and lift the pages at the same angle as the cover to continue viewing the pages of the book. Even flat paper and folded materials in good stable condition require care when handling and transporting to prevent damage. Always use some kind of enclosure or support to move these materials. This can be as simple as a folder or polyester sleeve, or if it is a larger or more brittle item, a rigid support board like blue board. If the paper is brittle, it can break much more easily. If the paper flakes when touched and you see shards in a box or folder that look like the bottom of a bag of potato chips, it is best to leave it as is and bring the box or folder to your supervisors or the collection management team's attention. If you are handling an item that was once folded and is now flattened, be aware that the folds may be a weak point in the paper where it can tear more easily. When unfolding items, be aware of these points where materials may tear or any other areas where there already is a tear that could be further ripped. Once an item is unfolded, use supports or small weights to keep it flat. Be aware of brittleness and do not use weights if the extra stress will strain the paper or any folds. You can use snake weights for foldouts from a book or use supports to keep the foldout on the same plane of the book to reduce strain. While most of our materials are flat and stored in boxes and folders, you may occasionally find a rolled document. Again, be aware of the paper's condition and points of resistance. If the paper has creases, tears, or other damage at its ends, please be aware that this may catch when unrolling. If an item is brittle or tight and does not want to unroll, do not force it. Unroll an item slowly and carefully. The item can be safely unrolled with the assistance of a weight by positioning it in the exposed area and sliding the weight toward each rolled edge. By sliding weights to the corners, you can keep the item flat without adding creases. Do not move the material when flat unless it will stay unrolled on its own and you have a support board underneath. As mentioned earlier, the only times gloves are necessary are when handling photographs, film, and metal objects. The oil that exists naturally on our hands can over time cause a chemical reaction and corrode photographs, film, and metal. Use powder-free nitrile gloves as cotton gloves are porous and can still transmit finger oil and residues through the fabric. For photographs, as with paper, pay attention to the condition and any possible deterioration. Watch for torn edges, folded or loose corners, or where the top layer of emulsion may have peeled or flaked from the paper backing. Handle photographs from their edges one at a time. Metal objects can be heavy, so be aware of their heft. Do not attempt to move or open corroded hinges or movable metal pieces, or assume that because the object is made of metal, it will not break. Different metals have different properties and can bend or break over time. Be aware of potential deterioration and just as with books and paper, do not move past the point of resistance. We will discuss handling film and other audio-visual media in a moment. Oversized materials can be tricky, since they are bulky, wide, tall, often heavy and difficult to move. Don't be shy about asking for help when you need it. It is best to have two people when removing oversized items and heavy boxes from storage. Use a U-cart to transport materials from their storage to the reading room or work areas whenever possible. For oversized flat material, such as architectural drawings and posters, remove all folders above the target folder first. You may need to do this in multiple steps because of the weight or size of the folders on top of the target folder. Take the time you need to do this safely. As with other materials, be sure to prepare your landing place before you move oversized materials. Plan out your path. Once you have done this, assess the weight of the materials you are moving. Do not attempt to lift folders that are heavy and contain many items. Ask a colleague for help. If the item you need is in the middle of the folder, do not attempt to pull it directly out. Remove the materials above the item to a flat surface and then remove the item. Put the desired item in a clean, temporary folder for transport. Be sure to leave a non-acidic flag in the folder so you know where to return the item. Lifting single oversized items takes care and attention. Lift the item by the corners of an open edge or by holding the center of either side and letting it drape into a U-shape or teardrop shape. You can also hold opposite corners to move an oversized item without creasing it. You can also use a rigid support or board underneath the item to transport it flat. Be aware of the corners and edges of the material. Is the material too big for the folder and peeking out at the edges? Be aware that those edges are most susceptible to damage when knocked, bumped, or moved. Many of our large materials are kept in polyester enclosures. Handle the materials in their polyester sleeves and do not take them out of the enclosure. Removing material from the enclosure can cause damage. All audio-visual media carriers require protective enclosures. However, you might come across media in a box that is not enclosed. While handling, remember the following. Do not touch playing surfaces. Handle grooved discs, 78s, 45s, LPs, and lacquer discs by the edge and label areas only. Handle optical discs, CDs, and DVDs by the edge and center hole only. Handle magnetic tape, reel-to-reel or open-reel by the edge of the plastic or metal reel, the flanges, and center hub only. Do not squeeze the flanges together, which will crush the tape pack in between. Handle magnetic tape, cassettes, audio, and video by the outer shell and do not touch the spools. Before you scan any materials, be sure the items can be handled safely. If it cannot be handled without causing further damage and, most importantly, loss of information, it should not be scanned without stabilization by our conservation staff. If it can be handled safely but only with proper supportive equipment like rigid boards, book cradles, or other supports, be sure to have those ready before you start scanning. Always be aware of potential challenges. The materials you are scanning might have full doubts or may be oversized and not fit on the scanning bed. It might be brittle, contain inserts or other loose pieces, or perhaps it has metal fasteners that need to be opened or removed to access the interior of the item. It is important to preview the materials you want to scan so you can take care of any of these issues before getting into the job. If you do not know how to remediate the issue, do not proceed with scanning. If you have a book that does not want to open past 90 degrees, if the paper is too brittle to be handled or the binding is damaged or damaging the pages when turned, do not scan it. Likewise, if the item is too large to fit on the scanner, do not scan it. Set it aside for review by your supervisor or other tusk staff. When using a flatbed scanner, never scan an item with graphite, charcoal, pastel or other friable, which means powdery or easily disturbed media. Do not scan on a flatbed anything that is folded or creased or applied pressure against the folds or creases to flatten an item. If you have examined the material for all these conditions and can safely proceed with scanning, be sure you have a clean work surface with enough room to comfortably fit the box, folder and items when removed from the enclosure. If you get interrupted while scanning or take a break, be sure to put materials back into the folder and box before walking away. Do not leave the documents or other material unattended or loose on a work surface or scanning bed. Always double check the scanning bed for left behind items when you are finished with a scanning job. Thank you for your attention and participation in Tulane Libraries' handling and care training. By following these guidelines and being aware of what each item is telling us, we can help preserve special collections materials over the long term, with confidence in our handling and care practices. Thanks again for joining us in learning more about material handling and care with Tulane University's Special Collections and Tulane Libraries Conservation.


What is going on guys welcome back to the channel critical overlord here in this video? I want to talk about the TV series that we were told was coming Not really coming but the TV series that was planned to follow up from Jeepers Creepers 3 and even before Jeepers Creepers 3 came out there was a lot of discussion in regards to the character of the creeper taking of Taking a step down from the big screen even making his way to the small screen So there's been discussion of doing a TV series for quite some time if I'm not mistaken Originally Jeepers Creepers 3 was called Jeepers Creepers Cathedral It was set 23 years later as we all know it had Trish generating it had the taggerts and they were teaming up to take down the creeper Trish also had a son now named Dairy after the brother she lost from the first film that of course is not the movie that we got We ended up getting a third film that was set in between the first and second movies Apparently though if anyone is recalling what Jonathan Breck said a few years ago after the release of The third thing that we got Jeepers Creepers Cathedral the script that was originally supposed to be the third film that got turned into a one-season TV series from what he said And from what I have understood and what I have gathered just by researching things online and being in countless groups on Facebook That is in fact what Cathedral is it's been turned into a one-season TV series. So The stuff that happens 23 years later. It's written For Jeepers Creepers 4 as well. I know that much Reports came out about that and Gina Fellows even confirmed that Victor has written What would happen after the first three films and he still has Cathedral But it's just been turned into a TV series now So I'm kind of wondering how how it would play out in my head if I were to do this. I would probably put out the one-season TV series Which will start at the end of part two and then we can kind of get into a little bit more Back or we can get into a little bit more development with this character We can introduce other characters in each episode maybe like a 10 episode series And we can bring back Gina Philips. We can bring back Ray Wise We can bring back all of these people. We can bring back the character of Giselle We can bring back a ton of characters from the first two movies and kind of spend a little time with them here before we Bridge our way from the TV series into the grand finale. That would be Jeepers Creepers 4 That's what I would do now if a fourth film isn't possible I would then turn the TV series into the finale and I'm perfectly fine with that. I'm perfectly fine with a Series that had two movies and then it concluded in a good way On a television series with a one-season 10 episode series. I'm perfectly fine with that Anything that would get the creepers anything that would get the character of the creeper out there Have him presented in another menacing light uh Bring his character back to form Bring all the elements that made the first two films very entertaining back Bring back all the characters that everyone loved from the first to second films Just do everything possible to end this property on a high note The tv series, I don't think it's going to actually happen ever same thing with the fourth film I don't think these are ever going to happen But if they do that is what I would do In regards to putting them out there I would do the tv series first and foremost and then bridge the tv series into the fourth film Which are served as the finale for the overall Uh universe here that we have with the creeper Because if a tv series happens if it's a 10 episode series I believe you would have time to explore the background of pohole county. You can dive in a little bit more into the Mythos of kenny and brandon you can dive into a little bit more of what happened with trish During this 23 year time frame. What has she been up to? We can get to know her son dairy if that still is a thing that they want to have happen 23 years later I just would like to see How this could all be wrapped up in a nice bow And then I would still ignore the events of jeepers creepers 3. I would ignore it entirely act like it didn't exist Um Kind of just shun it. I don't think victor really. I don't think victor himself was pleased with the way three turned out I'm still sitting here to this day trying to question why he wrote the film that way and why no one kind of backtracked over him Because there's several plot holes in it and he was once again the writer and director I'm trying to figure out. How did you write a movie that was just not only was it visually bad? But then you also have a story that's horrible. It's written horribly So many plot holes so many things that didn't make sense so many things that contradict the first two films And i'm kind of hoping that if they do this one season tv series and a fourth movie If it ever does happen They will ignore the third film entirely and just recognize the first two films the tv series Is like I said jonathan breck. He said a few years ago in the interview jonathan brecks the gentleman that plays the creeper He said that the script for cathedral is now a one season tv series So whether or not we will ever see that that's up to victor to the side, of course But let me know what you guys think about that down in the comment section below What do you think about a tv series potentially coming? Would you like to see a tv series of what streaming platforms like to see it on because i'm assuming that's where it would go Uh in the description, I'll have links to my social media accounts. I'm a facebook twitter and instagram You can message me there to let me know if there any movies news or reviews You would like me to cover in the future with all that in mind guys. I will see you in the next video


What's up everybody? Jason here for jazby'scasebrakes.com. We're giving away $1,500 in break credit because all of these breaks sold out tonight So this was all spot sold promo for tonight If all the breaks listed below sell out by the end of the stream tonight We'll take all the names who bought into these breaks and randomize them number one wins a thousand dollars at our break right on our website And numbers two through six five winners of a hundred dollars in break credit each For a total of 1,500 and what breaks were part of this promo? Well flawless Pikachu number 19 Mainly the random number blocks the three random number blocks and outright teams are both entered So if you bought spots straight up in the break or RMB's you're in Next one was Daunris spot eight spot giveaways for the random teams break numbers 45 and 46 So if you bought spots in those fillers you're in also outright spots are also entered so there you go Box giveaway Daunris basketball four box break Pikachu number four if you bought spots in that you're in And then a Macley UFC Random fighter number two if you bought spots out right right there. You were also in as well So let's go in order. So this is flawless basketball. So these are the cousins that bought in straight up. All right All right, so that's that list boom. We'll add to that right now And then here's the first R&B here for Philly okc Etc. Etc So let's add that boom you guys are in Second R&B Detroit in Chicago you guys are now in Boom And the last filler here for Sacramento, New York Knicks and Milwaukee Boom you guys are in. Thank you guys. So that's the first break that we did boom Next one would be packed filler number 46 Boom you guys are in and packed filler here 45 45 and 46 Boom in Now for the customers that are here. So it's only for the customers that bought outright. So what I'm gonna do really quick is I'm gonna Paste the note customers that bought out right here on the side And we'll get that list the customers, of course I won those teams are already part of the list because they obviously bought spots in the packed filler But it was only customers that bought outright in the break So let's put you guys here to the side So we got Chase and these all are packed fillers must say 45 or 6 Greg. We got Leo Mike, I think I last bought Mojo actually and Who else is down here? Rick Thomas Shawn Matic it looks like so yeah, we sold 12 straight up we sold 16 in R&B's and Free spots were given away as well. So there you go there list right there's 12 outright boom Awesome. Oh, and then here's Donner's Pikachu number four. So of course everybody bought straight up outright or in Boom and our last break of course is Immaculate UFC Actually Yeah, I think to me. I think what I'm gonna do is I think Yeah, I'm not gonna put a hundred list that I think that'd be kind of unfair. That's for like spots per So, I think Andy got 12 And then We had Brandon that had one So that's one entry Because we had a quad your names up. Kiam had eight spots meaning that he bought two straight-up spots Put that there and Jeff. I think got five full spots. Yeah Got five Did he push them in his back dude, what kind of man is that pushing them from to his backside, bro?  All right, cool So that makes a 25 Perfect. All right. So that's everybody guys. Boom. Boom. Boom. Dunzo. I remember top five Top five win some break credit. So good luck guys or top six. I should say number one gets a thousand and then two three six One a hundred bucks dice roll it It is a three and a five eight times Three and a five eight times.  I mean Like I don't know what else to call it a tap on the back. I don't think you tap them on the back one two four five six seven and Eighth and final time three and a five eight times Boom. Yeah, I'm pretty sure because Randall's a heavy dude probably. I mean, let's just be real Randall's in your normal guy I think if you try to push let's say how about this you try to push Joe with the same force you try to push me I think Joe's gonna fly compared to me All right, so just missing out was Matthew and congrats to Mike Young Sean Maddock Rolando Derek and Andrew Roth at the top. Wow. Look at that Yeah, Cam Johnson is that's what I said So boom, there's your winners right there Andy you have The money thousand dollars in break credit boom Congratulations, buddy, and then the rest of you guys got a hundred bucks So I'll send that all to you right now guys appreciate it Jaspie's case breaks comm


What's going on everybody got Kalamak here. We're laying sports cards up in three boxes These are all gonna be for Justin s. I got a bowman mega got a prism draft picks Basketball, and then we have a bowman chrome you football. Good luck. Mr. Justin. Let's see what we got sir Start with the bowman you will do the mega and then we'll end with a hobby the longest ones first Good luck Justin And guys we are definitely gonna be full for today If you guys do want a personal pride rip on Tuesday night the next time we got him No, uh, no breaks tonight. No breaks tomorrow. You see this of the Bob Marley movie Say first bow Collins. I did see that I'm down Ryan O'Keefe, Whittington, Olufashanu There's a Caleb Williams insert. It's a 499. We got a auto. It's gonna be Blake Fisher for the or for Notre Dame Fighting Irish on the first refractor out of rambling man Corum. Look Justin. There's a refractor first to Tavion Sanders Key on Coleman, Brady Cook first Extractor first Mayan Williams Xavier Worthy Troy Franklin There's your door Sanders Early risers Drake may and Macha B. It's Liber Fractured Jewel R insert Nick singleton and state guys back-to-back shimmer first to Tavion Sanders There's your door insert for Colorado And I'll be a base auto first for Ohio State Mayan Williams We're running back out of the Ohio State Singleton refractor Kool-Aid Jalil Farooq Estime Extractor first is Emmett Moorhead Chacoby Wynman Mechag Bucca JJ McCarthy and Akia Watson Early risers should or Sanders CJ Donaldson Riley Leonard and Joe Milton Alrighty there, Mr. Justin that'll do it for the a bowman chrome you Do a bowman mega and then we got prism drafts Mega two silvers a base pack. Oh No, oh no Miami rolling over today really really yeah, that's gonna be it. Oh Josh young Joey Weimer I'm not not competing today Riley green yeah, that's no good ETL Michael Joey Ortiz Colson Montgomery blaze Jordan, there's a first Louise Torres Brady house and Michael Arroyo Lazaro Montez Justin Crawford iconic as Julio first you Gilbert and Jason Cheerio Righty there got one more for you sir. We got a prism draft basketball. Good luck, Justin. Let's see what we got Prism draft hobby. That's not liking what he's seeing here. That's not liking what he's seeing It's not a fun time There's an auto gonna be Jacobi Walter Jacobi Walter on the base auto still in college I believe there's a silver of case on Wallace Prism Nick Smith and a blue Chianta George. I'm playing really well for the jazz The 249 Chianta. It's a blue auto gonna be leaky black out of UNC Sensational signatures to 75 got silver to a young prism Shaq And blues gonna be another Jacobi Walter Yeah college player to one 99 and a silver fireworks Steph Curry Oh my goodness likely to touchdowns. That's unlikely Get it. It's not fun. It's names likely. It's not fun. No No, it's not Chris Murray silver rookie and this one is gonna be Aaron Bradshaw on the prisms mojo Nice one that are 25 on the auto He's on a Kentucky right now Patrick Ewing silver got a prism Mowgli and James Nashi purple ice to one 49 and last pack here Yeah, they're they're lighting it up for sure to me for sure lighten it up.  Justin that'll do it for your three boxes, sir Appreciate you as always my man. We'll get those right out to you


Sam here with late in sports cards ripping 2022 tops triple threads baseball hobby 9 box casebreak number 40 pick your team style Gonna read off a list of our names and teams Alex P. Mariners rays Arturo V pirates Brian H with the a's Brian C with the Royals Chang S blue jays Chris D Cubs Christopher J Phillies Christopher L. Padres Doug R. Guardians Edward P Cardinals Astros Edward L with the Tigers Orioles Eric R. Angels Yankees Greg B Brewers Jason B with the Reds Jeff T twins John W. Marlins Kirk L. Red Sox Mark K with the Dodgers Mark G Giants Nick V Nationals Ryan M. White Sox Scott B Rangers Steven S with the Diamondbacks Steve C Rockies Trevor T with the Mets and Trey B with the Braves. Good luck here. What's up, Stacey? How you doing? I know you be there's been a lot of trout coming out lately, dude It's been kind of wild actually.  I Do love my do love my Mike trouts for sure Good luck here, buddy. See what we've got. Oh, we're just we're just every day man. It's just reel it in, baby For the trouts. What up, dude? I wear size 10 size 10 shoes Man shoe That's that's a problem then that explains a lot of your issues for personal Clemente to 259 Robin the ounce of 299 Dude, it's so easy to get shoes in my size about your like scrambling to find size 13 Oh, sorry. We're out of those with the one person that the one other person at bottom Kyle Muller That's 37 out of 99 for the Braves Yeah, the ones that everybody has yada your Molina it's a 48 for the Cardinals I think 400 a box on triple threads cement shoes I'm sorry, Greg 299 John Carlos stand at 50. I will help you put them on Bobby wit Bass and bass all I know is if you did that push me into a river. I'd be yelling let's go on the way down, baby Lou Bob 27 There's Alex Kirov 21 out of 50 I wasn't in the break but paid Hey, what's up Alex? Alex hitting the two wanders last break. Let's go Alex Sorry, Greg Mark McGuire the two 150 There's George Brett to 199. It's like you in the hockey break. Yeah, Greg. I feel your pain dude. Trust me Hunter green rookie. I Don't know. I just don't like get better like pull more hits in your break. It's all more hits There's John Carlos stand 11 out of 27 extra base hit extra base hit lasers Say thank you Ken Ken's on my side perfect specimen wears size 10 JT realm you tell 43 out of 50 We should be at the I think we're probably already booked for the national we'll be in breakers pavilion Bronx Don Mattingly to 99 Jared Kellnick to 259. I think we've been there for the last leg Well, that's like 10 or something. Oh, that's so cool I'm jealous going to the Astros 11 of 27 Craig B. Geo 9.4 war Hall of Famer Craig B. Geo. That is my favorite player of all time a berry coming in clutch with a bunch of XR spots Thank You Berry and Ryan Mountcastle 21 out of 27 for the Orioles This clear ultra I agree with that there for horsemen This is a team break right here. You do mostly team We do like we also do pick your team random team random division Random hits left side serial numbers sometimes random player if it's a big enough break like we'll do like 20 cases of bowman random player style Eloy Jimenez to 299 Paul Goldschmidt to 75 Price and stop Ozzy Smith There's this is nasty Lars new bar 8 out of 35 two-colored RPA on card for the Cardinals When they're sale is what do you mean Greg? For Boston No, they're usually pretty cheap I would say Jared like I think we have him like either 39 or $49 for a half case like this trade Turner 24 out of 36 But they're a very good value team in this. They're actually a checklist kind of loaded No XR is going a little bit later after mosaic We've got triple threads another triple threads and five star and then mosaic Cal Ripken to 75 Mike Piazza to 259 base base base Assuming this is gonna be a random Yeah, this will be a random between these three teams at the end. We've got a Fernando Tatis Jr. Juan Soto and Ronald Acunha Jr. Five stars fun Regina five stars really fun And we've got Ivan Melendez on card rookie auto 35 of 50. That's going to the Royals That's on that rules Left out on pull the one-on-one seager of coins now that how it always happens man Jared your own tiktok goes up and chasing Corey Seeger. He's been buying the Rangers and PYT's and he goes the one break I left out on see your one-of-one. No stinger man. What's up, Carl? Oh, let's go Regina's a diehard Yankee fan Well, we like to see right there Regina we need more of them we need more of us I'm always defending myself in this this this circus of a chat we have going on all the time Got a redemption on the back here Joey Botto to 199 and Very Larkin to 99. It's up Ruben Ruben's gang ran. I know CB is a big Big fan of the Yankees as well There's Shane Boss Paul Gullichman. Yeah, Ruben. There was a Bizio patch auto earlier. We've got a Vladimir Guerrero, Jr. 8 out of 18. Let's go Regina here to defend Wilson Trarage triple trans autograph single jumbo relic amethyst parallel Oh, yeah, let me take a look really quick Greg here I'll double check orders really quick. Make sure you didn't go in as an They didn't pay for it or anything. I have you in mosaic random divisions Are you not on the list for the Red Sox the hell hold on a sec Carl. All right, not Carl. Uh, Greg See Yeah, I got you I got you here Greg Greg or you have me at the Red Sox Maybe I missed your name accidentally. I apologize if I did then you could really just come and beat me up Yeah, CB. We've got a physical shop in Apopka, Florida Yeah, open 11 to 6 every day Carlos Correa the 259 Honest Wagner 299 Corey Seeger There's Trisha McKenzie nice one there for the Guardians. That's my bad I apologize that I didn't announce the name for the Red Sox my bad Salvador Perez 21 out of 36 The Royals my bad Greg, but yeah, you did have the you did have the Red Sox last one Do it again. You'd be sleeping with the fishes. Oh god, man. Oh god Greg oh god. Oh no, I gotta get out of here man Fired yeah, honestly Let's see and guys breaks are canceled tonight now after that one after that one one one mistake. We're done Get through it. It won't be it won't be it. We'll get to the destination the journey won't be that great Ryan Sandberg to 259 Honest Wagner 299 Jaren Duran rookie and CJ Abrams rookie someone asked about Abrams I believe he's Nationals in this for Basin he has autos as a Padre. I think that's how he goes There's Chris Bryant Bryant blasts to 36 for the Rockies and Three screwball 19 out of 25 for the Tigers Jersey auto that's on that Detroit we got a Ruby one of one coming up George Brett to 150 Peter Lonzo to 199. Well, baby give us something good Base that's kind of nasty Going to Ryan M. How about a one-of-one Carlton Fisk For the White Sox White Sox legend Carlton Fisk. He's in his correct Jersey in this one Grats on that there Ryan nice Fisk one-of-one on the Ruby parallel sweet hit right there man sweet hit Funny how like a clown? Brandon Crawford 13 of 48 for the Giants Got White Sox 3 5 2005 send me a lol Again tiktok linkin bio leitensportscards.com Ellis break schedule LSE main on the top if you'd like to join group breaks tonight Got some room left in that later breaks. Oh Jackson to 299 showhead and 125 Stop Edward Don Mattingly because you're so lucky. This is a family friendly You have no idea there's Rob the coon you to 36 and Austin Riley 22 out of 50 nice one there for the Braves Jersey on Chris Bryant to 299 Joey Vado to 150 Careful starting your car Guys gonna fly down put a remote bomb on it. No, maybe I did it This this better not be parked next to me Far away as possible going to Philly's four years 109 90 homers Jim tommy 8 of 18 on the orange nice one there Philadelphia CB I don't know if you were watching, but I did pull up Mattingly one-of-one White whale a couple like probably a week and a half two weeks ago. That thing was nasty and Wilson Tres 21 out of 27 for the Cubs Yeah, I have to imagine I mean it went out to a customer So I have to imagine that it is or it's in someone's collection George Brett to 199 Don Mattingly to 25. There you go CB Johnny baseball base base base nice one here Three of three go into the twins Byron Buxton making a count That is three color one color one color nice one there for the Minnesota. He's got the twins in this break that would be Jeff tea Congrats Jeff and Shohei Otani 16 of 18 yeah, Cisco pulled this earlier one-of-one Carlton Fisk as a way to It was in a group break Austin, so it's not it's not like we don't own the car that went out to a customer Hey Manny Machado and CJ Abrams to 125 nice one there It's a group break, so it goes out to a customer Derek Jeter and O'Neill Cruz turned around rookie Sick fire disgusting ETC Andrew McCutcheon 709 Brandon Philly for the brute. This is a brewers it right here and Nico Horner 12 of 50 for the Cubs Greg you had some nice stuff going in there man And I would have loved to like fire boon because it just hasn't worked and hired Don Mattingly I think that would have been a good move Because you know the definition definition of insanity is doing the same thing over and over again and expecting different outcomes Like the Yankees are with Aaron Boone managing the team You know what I mean Right I Can't imagine I did it's not a fun thing to imagine Vaughn Ricky Henderson to 299 and Wanda Franca to 150 But on the flip side, I also couldn't imagine a guy who got banned for two years being my manager He's a guy who spearheaded an entire cheating scandal base base. That's what I'm saying, man Clayton Kershaw that is one of 18 and he arose arena 36 out of 75 for the raise We should have hired Mattingly once Torrey retired Reverse Clemente at a 50 Tony Gwyn to 259 because I love I do love Girardi for that one World Series But it was again we held on for to Girardi for too long base base Of course, I just helped a good bit Reed Depmers, Ricky Gersiotto to 99 for the Angels and Garrett Cole Nice one there for the Yankees like Yankee championships boo Yeah, that's a good point. Honestly That's a good point Same with like like Alan Trammell and Tim Reigns kind of the same Jim Rice all kind on the same board there Like if they're all in I think Mattingly should be in too, you know, right exactly Yeah Right for MVP exactly Manny Machado to 299 Johnny Bench to 125 this one's cool going to the Cardinals triple the threads autograph rally card Scott Rowland Nice one there. Congrats Cardinals. Hopefully fingers crossed the Hall of Famer this year. He deserves it man. I Am like if the world is Against Scott Rowland being in the Hall of Fame. I'm not part of the world Vidal Bruhan nice one there to 48 what happened wait? What was the trade with the Marlins? It depends what you're looking for honestly user P Rose needs to be in the Hall of Fame for sure Spencer Torkelson to 199 Ozzie Smith to 259 Yeah, Rowland should be in for sure You've got Cody Bellinger to 27. Yeah, what do you think of that quote right there? What quote? There's Nicoladolo 33 out of 99 for the Reds nice one there. I think it's ridiculous All right, who is the only player when two Super Bowls has a quarterback but not in the Hall of Fame Doug Williams I Do this random really quick guys Tati Soto and Acuna so it'll be a random between the Padres nationals and Braves So I'll Williams is in all right Well, I don't realize not eligible yet. I think who would it be man? Ridiculous SG Ridiculous, I gotta give you a funny quote from that. I'm gonna start using Two is the Raiders not the snake stablers in there I have to imagine and I don't know if he won more than one Blanda did Blanda win it rich Ganon All right guys, let's do this random so again guys doing the random for the Triple Threads patch Fernando Tatis jr. Juan Soto and Ronald Acuna. Yeah, Jim Plunkett. That's who it's gotta be Again gonna roll the dice whatever team is on top after five times. We'll get the card. We've got one two three four and five going to the Padres with Tati's All right guys do a quick recap here We've got Cody Bellinger Dodgers Vidal Bruhan raise Garrett Cole Yanks, Clayton Kershaw Dodgers, Andrew McCutcheon Brewers, Shohei for the Angels, Wilson Kateria's Cubs, Ronald Acuna Braves, Brandon Crawford Giants, Chris Bryant For the Rockies Salvador Perez Royals, Vladi Jr. for the Blue Jays, Trey Turner Dodgers, Ryan Mountcastle Orioles, Giancarlo Stan for the Yankees, Luba for the White Sox, Yadir Molina for the Cardinals You've got Autos now, Nicolodolo Reds, Reid Deppmers for the Angels, Randy Rosarano-Rays, Nigo Horner Cubs, Byron Buxton Swins, Jim Tome-Fillies, Austin Riley for the Braves, Tariq Skubal Tigers, Trisha Mackenzie-Guardians, MJ Melendez going to the Royals, Lars Newpar for the Cardinals, Craig Bijio Astros, JT Real Muto-Fillies, Alex Kirolov twins, Kyle Muller for the Braves, Wilson Kateria's Cubs, Scott Rowland Cardinals and Carlton Fisk That'll do it for the Break guys. Thanks again for the fill. Next up we've got our master case at Triple Threads