Hello and welcome to People's Dispatch. Today we're going to be talking about the situation in Lebanon where over the past few weeks there have been fresh waves of protest. We have been covering the situation in Lebanon regularly for the past many months where there was a very huge popular uprising known as itifada where hundreds and thousands of people took to the streets protesting not only against the government of that time but also the entire political system and this brought about a lot of political churning a lot of initiatives which debated the very nature of politics or society of life in Lebanon itself and there have been fresh waves of protest recently so to talk more about this we have with us Bashir Nahal of the Lebanese Communist Party. Thank you so much for joining us. Thank you, thank you. Yes so the first question is that the latest rounds of protest there have been at least two to three rounds have happened after the COVID-19 lockdown restrictions were eased and they've also been taking place amid a very severe economic crisis so could you first talk about what has been the nature of the protests the kind of participation that has taken place the characters were playing in just after the like with a bit of easing with the quarantine and everything surrounding the COVID-19 epidemic what's been happening is there was actually more action on the street more protests happening throughout Lebanon it wasn't actually centralized and the capital only there were several things happening in Tripoli for example in the south and the Bik'a and different regions so what we saw is that with the COVID-19 epidemic and the economic crisis that was actually happening well before it more and more pressure was put on the working classes on and on the lower like or more disenfranchised population in Lebanon so we saw more demands happening on the street several groups some people maybe individuals some of them organized and parties or organizations other simply let's say spontaneous actions happening and in some places they were somewhat happening at the same time so it's as with all popular uprisings it's a plethora of demands plethora of different sided people and organizations so we can't really say it's all homogeneous there are different demands different groups some of them with certain agendas others with other agendas but and all in all we can say that it's mostly based on the material conditions of people that people are being put through and the economic crisis that's been happening for for so long so that's basically been accumulating and leading to the situation that we're in right now so could you talk about what some of the key demands that various sections are raising so these demands as we said there are different groups different political leaning people so these demands cover the whole spectrum some people maybe simply demand some some form of reform in the system or or more rights maybe some of them actually are like go through the sectarian discourse that's been happening but others are more progressive others talk more from the perspective of the disenfranchised people and the working class so we see the demands of let's say not only reform in the system but actually need for structural change in the system because of what it has led us to the belief that the system that led us to where we are right now can't fix the mistakes or whatever it led to so we see demands for like getting rid of sectarianism and and fighting the the clientelism that the sectarian parties abuse to actually divide the people and to make them clients for the sectarian parties instead of instead of them being citizens and a state where they can demand for better rights at the same time we have demands for the one percent to get the brunt of the brunt of the issue that we've reached right now instead of that let's say responsibility falling on the working classes and the people who can't actually hold that that responsibility they they didn't have any say in the economic decision making or the political discourse that's been happening they they had no role and very little room to to actually voice their demands so now that the sectarian parties and the ruling class got us into this they actually also want to put the blame on us and make us pay for that through austerity measures through working with the IMF and the the world bank so that's all a sort of a fight or a struggle between the one percent that wants to get rid of or run away from holding any responsibility and from the remainder of the population that wants to hold them responsible and wants to actually change the system to become a more equal one where they can actually live as citizens in a state and as a people on this land instead of people according to their sect and according to their political affiliations and in this context how is the Lebanese Communist Party organizing and water some of the key demands around which it is mobilizing people so this the Lebanese Communist Party one of its main contributions is that it's actually present in nearly all the Lebanese on nearly all the Lebanese territory from the capital to the peripheries if we might say and and the north and the south and it's been trying to to to uphold that to prove that actually it's an uprising that is nationwide and it's not only some demands that can be met with some reforms no it's actually an uprising that is nationwide and that can't be divided through sectarianism because if you only had this uprising happening in certain areas you can play on the sectarian discourse that oh these are demanding more rights for the sect or they're trying to as some ruling parties or most of them actually are saying is that it's for an agenda is trying to play into this so what's most important is to have this uprising like get its demand across through all the the Lebanese party and these demands need to be pushed to become more radical and more progressive and that's that's actually what we're trying to do and what we've been trying to do to to erase the ceiling of what we can hope to reach or what we can dream of of reaching eventually so this at the same time is not only the work of the Lebanese Communist Party but with other leftist organizations with other people who are in the same like a political affiliation on this and actually we can also see that these demands are becoming more if you might say mainstream they're becoming more accepted by the general population if we look back a bit to the 2011 let's say protests that were aiming at destroying or fall of the sectarian system the demands were somewhat lower and the discourse was more liberal and more aimed towards the middle class same with the 2015 you stink movement if you might say it was more focused on on certain demands and reforms related to the trash crisis now we hear protesters and even normal people on the ground just talking about the class issue talking about the 1% versus the 99% talking about the need to organize to to to revolt revolt and move this uprising to become actually a full-blown revolution so we can reach what we want so these demands if you might say as as as political demands as as economic demands from the Communist Party we might look at the program that it presented to the uprising and to the organizers and people that are taking part in it and as always it included a demand to to have a government that is somewhat independent somewhat interim government as you might say with special powers or with further powers focused on um delinking or moving towards an economy that is productive instead of being a rentier economy so these are the demands that that we are presenting that we need to move towards such an economy that that will allow us eventually to meet whatever demands we might say as as the as the working class is demanding but at the same time we also acknowledge that these demands cannot be reached by the the ruling parties or the ruling class that that is there right now they they simply won't give us anything for free they won't just give the power that they've had for around 30 years just give it away for that so that's why we need to form a sort of a front a sort of a pressuring really like somewhat of a also very inclusive a group of the population that is nationwide that that is sectarian-wide so they don't play on that discourse and that also has a different maybe somewhat different demands sort of more um freedom and choosing those but but they have common goals and they're a common common struggle to push for so that's what is the end goal because that's the only way that we can reach a better situation than the one we are heading to right now and finally could you just also talk a bit about how uh how mobilizing and organizing has been in the context to the COVID-19 pandemic as in what the challenge is the pandemic has presented because across the world this is a question that faces the left also how in these times with so much uncertainty how do you how do you visualize mobilizing its struggles it's actually been a pretty challenging because at the same time with with the COVID-19 pandemic happening it was also a period where the uprising was going into a downturn if you might say so several conditions linked together to to make it even more challenging so at first it showed that we needed more like to update our tools to to get on with with um solving these issues that we were facing um something as simple as normal that as we saw before like just meeting between three four people face to face over lunch let's say was impossible wasn't happening anymore so something as basic as that had to be reformed to to find more solutions um online meetings online scheduled some like meetings and and other stuff did help did support in that aspect but the the outcome was was seen as it was it had its effect because people were less willing and it was even actually dangerous to ask people to get on the ground to mobilize so so at the same time it was a bit of a dilemma between seeing the conditions worsening but also you can't really endanger people with calling for those protests and to put them through that risk and actually it's it wasn't us as organizers that that broke that actually we saw that during the pandemic people by themselves chose that or saw that the danger with catching the disease was less dangerous or less risky than to actually go on with these worsening economic conditions so they immobilized themselves on their own we saw spontaneous protests happening all over the country even through the quarantine and with the ease the loosening of these the quarantine or um conditions that were put in place we are more able to maybe mobilize to to to have more freedom on on what to to to use as tools on the ground so it's something that is always being updated being followed and um yeah that's that's what's happening thank you so much for talking to us you're welcome you're welcome that's all we have time for today keep watching people


Hello everybody hooded cober commander 788 here welcome back to class of friday where we look at a gi Joe classified series Six inch action figure this week I am turning my attention back to the snake eyes gi Joe origin movies figure with the Baroness I have almost worked my way through all of these figures the only one I don't have is scarlet But I will get it. I do want to complete this series. I think the figures are better than the movie Let's take a look at the packaging so we can see how this figure was marketed. We have the window pane showing the figure and the accessories We have the snake eyes gi Joe origins movie logo We have the gi Joe classified series logo and the name of this figure is Baroness We have some box art here. It is in a sharp comic book style and I do like this. I think mostly for the coloring It's very dramatic. It does bear the likeness of the actress from the movie Ursula Corbeiro The artwork continues to the side of the box and again, this is really good and I think it's the coloring that makes it work It's very dramatic. This is number 19 in the classified series on the back of the box We have the generic movie poster artwork that was on all of these movie figures on this side of the box We have these symbols which represent her specialties. This is one of those comically oversized keys to the city This is for his tanks side-by-side as seen from above This means she took a lightning strike to the brain that must have been painful and this means on sunny days She likes to wear a hat and sunglasses now that we've looked over the box So let's take the figure out of the box and look at the Baroness Here is the Baroness outside of the box and now that the figure is out of the box I can point out that inside the box in the space that was behind the figure There is the Arashikage hexagram, which I also have on my arm This Baroness figure, like most Baroness figures, is inspired by the first Baroness action figure from 1984 With the black hair, the glasses, the black uniform and the red Cobra emblem We already got a Baroness figure in the classified series We had the target exclusive Cobra Island Baroness that was not inspired by the movie But as you can see it was still inspired by the original Baroness figure With the predominantly black and red uniform The Cobra Island Baroness included a motorcycle, a really wicked looking motorcycle too So she was a vehicle driver Let's take a look at movie Baroness's accessories She didn't have a lot of them, but the ones she had were appropriate First, she has removable glasses These glasses are a separate piece and they can be removed carefully They are incredibly tiny So you could drop them and lose them very easily The glasses have black rims and clear lenses They are slightly flexible so they can fit on the figure without breaking They do fit on reasonably securely These tiny little removable glasses always make me nervous The Cobra Island Baroness also had glasses They were non-removable and they had clear lenses And I think I like them better They just have more style Next accessory is her primary weapon Which is this MP5 submachine gun And I really like this Check this out We have a realistic firearm design With a couple subtle paint sprays on the grips And it has a removable suppressor And a removable magazine That is great Her remaining accessories are her machete-like knives They fit in these sheaths at the back of her belt They can be removed These knives have silver curved blades With paint on the blades It's always nice to get paint on accessories And they have black snake head handles And I love this It's an excellent detail, very well sculpted And I like the Cobra theming Let's take a look at the Baroness's articulation She has classified series articulation Which is usually pretty good Her head is on a ball joint So she has good range of motion on the head And she has some neck articulation So she can do that She has butterfly joints at the shoulders But they are so tight they barely move She can lift her arm up at the shoulder And swivel at the shoulder But that swivel is interfered with By these shoulder pieces She has a swivel at the elbow She has single jointed elbows And this is an unfortunate feature Of the early classified series female figures They did not have double jointed elbows She has swivels at the wrist And she seems to have hinges Up and down hinges on both wrists But the movement is somewhat limited She has a chest cut And there is some movement there She also has a cut at the waist And there's a bit more movement there She doesn't have much of an ab crunch Even though it's not obstructed by anything She has a good leg split And forward and backward motion on the leg She has a twist at the thigh cut She has double jointed knees She has a twist at the boot cut And she has hinged and rocker ankles Let's take a look at the sculpt design In color of movie baroness Starting with her head and on her head She has dark brown hair Very well sculpted She has the likeness of the actress And this is really good They're getting very good at capturing Actor likenesses nowadays I don't think she looks quite right though So let's put those glasses back on And yes there now she looks like the baroness She has a black choker collar Around her neck for extra sexiness She has some flesh colored paint Around her collar bone And she has black armor on her shoulders On her arms she has this Snake skin pattern uniform All in black She has black armor on her chest And back and it alternates between Glossy and matte black So that provides a subtle difference In texture Around her hips she has a crisscross belt With a red cobra emblem on the belt buckle That's a much needed splash of color On this figure That belt wraps around to the back And on the back of the belt We have the sheaths for the knives Her legs are all black without paint She has a leathery black uniform With glossy black thigh armor She has tall black boots That kind of blend in with the rest of the uniform And the boots have high heels And pointed toes These boots are similar to the boots on Akiko The other female movie figure we looked at The boots are similar but they are not the same In fact I don't think this baroness figure Reuses parts from any other figure That includes the other baroness figure These two figures do not share parts Even though they are trying to accomplish Basically the same thing They go about it in different ways Which of these baroness figures do I prefer I have to say I prefer the cobra island Baroness figure over the movie figure Now these movie figures are fine They're not bad in general I do like them And this is a fine baroness figure on its own But the cobra island target exclusive Baroness figure just has so much more going on for it There's more detail There are lots of subtle paint applications And the figure itself just seems more substantial The first baroness figure does not have an actress likeness So I can't praise it for that But just look at that face It's a great looking face And this looks like the baroness I would recognize this as the baroness Even if it wasn't connected to the body That's a great baroness figure So what we have here is a great baroness figure Next to an okay baroness figure So of course the great figure wins We have noticed with these movie figures And that is a kind of minimalism They do everything they can to capture the actor likeness But the rest of the figure is minimalist Minimal paint, minimal accessories And that's not usually what you want These are six inch figures You want more of what this larger scale can offer If there is a figure that can get away with minimalism It is the baroness You're going to want this figure to be mostly black Because that is the baroness's style All the way back to 1984 That was my review of the Snake Eyes G.I. Joe Origins movie baroness figure An okay figure but not a great one I hope you enjoyed the review If you did enjoy the video Please consider subscribing to the YouTube channel For more videos like this And give this a thumbs up on YouTube And share this video with your friends That's what helps this channel grow You can find me on social media On Facebook and Twitter And I have a website hcc788.com I can only continue doing these videos With the support of my friends on Patreon If you'd like to support the channel That's a great way to do it You can even get your name in videos Like the names you see scrolling on the screen right now I'll be back soon with more classified and vintage G.I. Joe Toy Reviews I'll see you then until then Remember only Snake Eyes is Snake Eyes


Going on everyone Sam here late in sports car driven 22 and even one football hobby 12 20 box full case break number four Random division style. Here's a look again at your random results No F3 there we go as always you can find those on the website under the results tab as well as the link in chat Card of coolest card I've ever pulled Godman The messy one-on-one patch auto from selectors pretty cool That one I put up there at a last year's three and two. I pulled up game use patch auto three of three of Roy Halliday That was awesome. I was like at a loss for words on that. That was so cool. Jackie Robinson caught from transcendent was pretty big Trevor Lawrence Stars and stripes RPA from NT first off the line last year was really cool. That was like my first like a week of doing That was insane, dude Got to be up the messies could be up there, too What else? Like the Jackson Merrill super was pretty big out of Bowman Chrome There's a couple other ones I'd have to think to be honest. All right, here we go. Anyone box one Thank you all for your patience on this make it a good case here now We've got a formula one Nick Bosa two-color patch auto. I saw one there for the NFC West Eight of 99 Stop Brady. How are you doing, buddy? It's up Josh? Welcome to box two It's gonna be Alec Pierce AFC South 195 out of 199 there you go going to its set. That's on that buddy AFC South Alec Pierce Taekwondo in 56 out of 199 AFC East barely people are saying he could have a breakout here potentially potentially Clayton with some national spots That's kind of pull that opinion one this year probably pull the picket RPA to 10 Like the quad one. That was probably the biggest one Yes. Yeah, this is a group break Josh. Yes, it is Next up we've got Is that what I think one of one Dion Sanders Wonders gold vinyl. That's so gross. That's insane. That might be the coolest one I've all done one this year dude. That's so sick NFC South going to Adam Kay Yes, sir coach prime, baby. Wow. Wow, dude one of one on the O'needers O'needers. God, that's sick, bro. One of one prime time Good Lord, dude Good Lord. Yeah, I'll stand that one actually really mine Who did that? I don't know I'm gonna fight him whoever it was. What ups in Dude, that's so cool Yeah, oh, yeah once upon a time Jake the snake Jake plumber AFC West 91 and 99. That's cool. Oh, it's prime. Maybe Colorado Jackson State Legend Colorado University Buffalo is led next up nice precision three-color RPA Damian Pierce AFC South 43 of 99 AFC South and mag that yeah mag that I got mag the coach prime Mag the mad Of course, that's nasty Eight of ten Asian Peterson all day, baby. Oh, that's so sick For the NFC North. Hell, yeah, man That is from last year's benign one Potentially is nice. Tyrion Davis price 38 of 99 going to the NFC West TDP the introductions because they have like the nicknames they have a cam chancellor auto. It's a Bambam Bambam can Bailey Zappi 97 of 99 four-color RPA AFC East And recappy that's happy. There you go Oh So back so back it's so back next up nice George Pickens 67 to 99 going to the AFC North Grats on that one 67 to 99 this third Pickens Yeah, most likely James. Oh, that's awesome, dude once upon a time Fran Tarkin's in that's really cool two of five NFC North, dude, that's really cool. I swung there. Grats on that NFC North. That's going to Andre Andre with that in the Adrian Peterson That's pretty sweet. That's cool. That's really cool. That's like an og og right there Fran Tarkin Mike Alstott 7 to 25 Presenting the eight trains go. Oh, that's so clutch Jake's boy right there NFC South Adam. I swung there, buddy To go with your coach prime 101 I think they're like 500 a box something like that Again tiktok make sure to drop a follow-up. You're not already we're alive over on YouTube and twitch as well That's nasty precision three-color RPA Aiden Hutchinson NFC North again for a 15 this time on the gold wave Grats on that NFC North I'm also going to drop you guys a link to personals really quick Kyle ripping personals tonight all night over on late and channel 2 There is a link plenty of stuff in stock new stuff cool stuff Checking on out. Nice. There we go sauce gardener 142 out of 199 AFC East Congrats on that one AFC East current bids around 300. It's not bad honestly. Oh What'd you say? Uh Andrew, let me see might have missed your question. Ask it again really quick Andrew I don't see where it is That sauce guard will grab your arm and hold it all the way down. Damn, dude Nice six of ten Johan Dotson J. Dot go in the NFC East. I slow number J. Dot rats on that one. I Like him. He might be my favorite receiver from this class personally Love me some Johan dots and Penn State legend the guy wrote the trace McSorley song That's my way like follows me on Instagram really. Yeah, the guy that made the song Yeah, I'm like a guy listen. He has like other like actual songs too. So I listen There we go for the Ravens AFC North 59 to 99 Kyle Hamilton Kham. It's a top 20 safety in the league already What are you thinking about? Yes, but I mean, yeah, but Such a bot NFC East again, that is precision Jalen Tolbert two-colored RPA 2375 nice one. I would heavily disagree Janka heavily disagree. I mean just that alone Desmond Ritter NFC NFC South is destroying it. Congrats on that one there again, Adam Lord. That's insane right there Three of ten Desmond Ritter on the logo patch.  That's awesome We'll send like cardless packs medic. That's not Felipe Franks Yeah, that's big dude, that's big right there. Grats on that one there NFC South. That's that's a gorgeous card All right, two to go Desmond Ritter again, dude day one auto this time 49 of 49 bookend last one stamped NFC South is Rolling in it right now Two Ritters that's week one starter for the Falcons right there a Desmond Ritter. Wow. Wow. Wow. Wow Cincinnati Bearcat Let me last one up here. We go nice to 49 Bailey Zappy again 10 of 49 AFC East It's a good case man Very good case overall. Grats on that AFC East Empty That will do it for the break pretty quick break. I mean it's 11 minutes. So no recap on it Thanks again everybody for the fill coming up next is optic retail


The International Narcotics Control Board is a 13-member body that is responsible for monitoring the compliance with the International Drug Control Conventions. In its annual reports, the INCB speaks out against evidence-based harm reduction programmes against progressive drug policies, at the same time it praises government that would violate human rights. In its latest report, the INCB expressed concerns about two states, Washington and Colorado, that legalized the recreational use of marijuana. In a video interview, the head of the INCB explains why. What is the position of the International Narcotics Control Board about the legalization in Colorado and Washington of marijuana for recreational use? The position of INCB is very clear. We have no choice but to condemn the situation in those two American states. The government of the United States was requested to come to Vienna to our board session in November. We will see what will happen next year about some possible changes, we hope, which might happen on the federal level in order to bring into those two states the implementation of federal law. We have the possibility to propose to the ECOSOC and to the General Assembly of the United Nations a set of reactions or sanctions concerning the state, which does not respect the 1961 Convention. But is the INCB a real threat to cannabis reform in the US? Or is it the barking dog that never bites? At the International Drug Policy Reform Conference in Denver, Colorado, we interviewed drug policy reform activists to comment. What was the reaction of the federal government? Because as far as I know, it's still illegal to use marijuana according to the federal law. So how will you resolve this? Well, it seems like the federal government has said that they will allow Colorado and Washington to move forward with their experiment, shall we call it, or it's not just an experiment, it's a new law. They will let them move forward as long as certain conditions are met, meaning that there aren't any guns being used in any way, that there isn't distribution to minors, that there isn't distribution out of state and so on. But generally, they've given the two states the opportunity to show that they can regulate responsibly, and that's the plan. There is a UN body called the International Narcotic Control Board, and they were very upset by seeing what's happening in Colorado and Washington, and I just saw an interview with the head of this institution that they will see if they can recommend any sanctions on the United States because of the state regulations. What would be your response or comment on this? America rarely follows international conventions, and I seriously doubt that they will take much heat to that one as well. You know, the United Nations is wrong on this issue. It's that simple. Marijuana prohibition causes underground violence. It causes more harm to society than marijuana does itself. And the UN needs to recognize this, and the people with the International Treaty needs to recognize this as well. But that's not a threat to us at all. I think just as Colorado had an obligation, and Washington had an obligation, our U.S. Congress and our President have an obligation to acknowledge the reality of marijuana in our lives. The reality is marijuana is here. People are using it. We can no longer trust the war on marijuana to fix this problem for us. The fact of the matter is that people use marijuana. We need to give them a safe place to buy it. And as much as we have an obligation here in Colorado to do that, the rest of the world has that obligation too, and that includes the UN. There is an international agency called the International Narcotic Control Board, and it condemned the two states in the U.S. that regulated marijuana. What would be your comment or respond to this? Well, ultimately marijuana is a objectively less harmful substance than alcohol. And if we have anyone in a position of authority who's unable to recognize that and is happy to consume alcohol or allow the consumption of alcohol while criminalizing a less harmful substance, I don't think their opinion is much worth respecting. We're seeing other countries really getting moving. Uruguay, obviously, Mexico is starting to really talk about this. Canada is really taking a harder look than in the last several years. So the United States has a chance to roll back the progress it previously hindered by leading as opposed to keeping others from leading. The difficulty with the United Nations is there are so many commissions and boards that are related with drug policy issues that these people have jobs. In the International Narcotics Control Board, they're basically the enforcement arm to make sure that your country is not exceeding what's needed for medical and scientific purposes. And we want reports of how many drugs you're producing and what they are and how many acres do you have planted in opium and poppy plants. And if we give these people jobs so they can still exist after the amendment of these conventions, then they can be working on, well, how many treatment programs does your country have? How many people are infected with HIV and what are you doing for them? How many opportunities do you give someone to make a mistake and still come back to life without ending up in prison? So if the United Nations organizations were doing those kind of things, instead of spreading zero tolerance from the top down, we would be in much better shape worldwide.


As part of efforts to ensure food security amidst the harsh economy being experienced by Nigerians, the federal government has challenged agricultural researchers in the academia and ordered key stakeholders to embrace modern agricultural research methods to improve food production in security. The Provost Federal College of Land Resources Technology over at Uluyemi-Akondei and some agricultural experts gave the charge in Ilari, the Quarrel State Capital, that the research workshop organized by the Federal Ministry of Agriculture and Food Security. According to the agricultural experts, food insecurity is one of the major challenges faced in the country and to solve this problem, Nigeria's particularly experts in the sector must approach agriculture through modern techniques following the declaration of a state of emergency in the sector by President Borla Tinnable. So, agriculture we cannot play with it is our forefathers occupation and we have to go back to it if we want to solve the problem having this country. And that is why the President did not think twice. Before declaring emergency on food security, we have to change the scenario and part of the scenario is that we have to start using modern techniques and reviving agriculture in Nigeria. The experts also raised concerns over the gap between government policies and local farmers which this workshop seeks to address. Food security is supposed to be everybody's business because it's something that we all cannot do without. Food security is important, it's one of the basic needs of any human being to be able to eat food. The problem with most policies in Nigeria is that the true beneficiaries do not get to feel the impact. We have a light capture of many programs and policies of government. Your presence here signifies a commitment to personal and professional growth. I urge you to seize this opportunity with an eagerness to absorb the knowledge, challenge the conceptions and cultivate new perspectives while expanding your horizon.


The National Working Committee, NWCO, People's Democratic Party, PDP, has insisted that fresh elections be conducted to fill the 25 seats allegedly vacated by 25 of its lawmakers and the River State Assembly. This was part of the decisions taken at an emergency meeting of the NWCO in Abuja on Tuesday. The acting national chairman of the party, Ambassador Umar Elia-Damagom, announced this while briefing journalists shortly after the meeting. He further said the PDP demands that INEC should in line with Section 109-1G of the 1999 Constitution as amended in Section 8415 of the Electoral Act 2022 fix a date for the conduct of fresh elections into the 25 state constituencies in the River State where vacancies have occurred by reason of the defection of the now former members of the River State Assembly. PDP demands that INEC should in line with Section 109-1G and Section 8415 of the Electoral Act 2022 fix a date for the conduct of fresh elections in the 25 state constituencies in the River State where vacancies have occurred by reason of the defection of the now former members pending the determination of any suit in court. So if we can today believe above this party, we will be able to show him that he is not above the party. Not only about one person but every other person who has one way or the other impending on this party.


Hi guys, how you doing? This is Rich here and we have RichDVLive and I want to talk to you about a brand new Silver IPO that's about to open up. This is Zaka Teches Silver. This is their website ZakaTechesSilver.com and you can see that they've also got news here on the National Post. Top tier mining team prepares for imminent launch of a highly anticipated Silver company. The news is trending and that these guys are about to go public and we're breaking this news first. They've also got a video on Vimeo. I'm not going to go through the video, but there is a video on Vimeo about Zaka Teches Silver, the ride to discovery. Feel free to watch that video on Vimeo and I've got some information here I wanted to go through and break it down for you. So let's do that. So the world's best address for high-grade Silver. This is their corporate presentation and like I said, they are about to go public. So stay tuned to that. The world's best address for high-grade Silver. Key land position in the Fresnelo belt, Zaka Teches, Mexico, 7,826 hectares, 78.2 square kilometers. So you can see the region. The Fresnelo Silver trend has produced 6.2 billion ounces of Silver. Huge amount of Silver in that region. You can see they are 43-101 compliant, which is huge for resource companies. Conchages with Pan America Silver and surrounded by Mag Silver Corp. Penals, capstone mining, and the Denver Silver. 25 kilometers southeast of the world-renowned Fresnelo Mine Penals. So you can see huge ounces here inferred in Silver, targeting high-impact Bonanza grade exploration drill program. So they are getting ready to do some drilling. And you can see they have an experienced board and proven management. This is a brand new IPO that is getting ready to launch. Brian is the CEO and director. James is the chairman. Brian Slussarchuk is the former president of Gold Producer K92 Mining Inc, a company he co-founded and where he was a member of the board of directors and audit committee from inception through to cash flow positive mining operations and the declaration of commercial production. So he built a huge company with over 700 employees and contractors. And he's looking now to do that again on Zaka-Tecas Silver. You can see a proven board and management team. Chief geologist Chris Wilson and John Lewins, director. So you can see quite an extensive team here of board members and management team of members with lots of experience in the mining sector. And mining is one of those sectors where if you don't have experience, you're probably not going to have success. But if you have experience, you have connections, you have relationships, you're probably going to have success. So we look for that in mining companies. We look for the management team to be a proven team of experienced public company veterans that have built public companies before and had success stories. So discovery of Silver in the Zaka-Tecas area occurred in 1546. By 1548, the Spaniards had begun production from three mines, the Albarada mine on the Veta Grande vein system, and the San Bernabe mine and Los Taos mine on the Mala-Noche vein system. By the late 1800s, Silver from the Zaka-Tecas mining district accounted for 60% of the value of all Mexican exports, making it one of Mexico's wealthiest and largest districts. Wow. Huge. You can see the MX Silver deposits in Mexico. You can see all the different areas where they are mining. And you can see that Zaka-Tecas Silver is surrounded by other projects that are ready in production or have been in production in the past. So they are in a really good area and Mexico is a fantastic country for mining. You can see the major deposits of Mexico Sierra Madre. You can see how Zaka-Tecas is surrounded by success. Huge, huge Silver miners surrounding Zaka-Tecas and some gold projects as well. So they are surrounded by success and success leaves clues. I always believe that success leaves clues. Fresnillo Silver District, you can see the Zaka-Tecas Silver and American Defiant Silver capstone all around. So they are surrounded once again by success. You can see all the details of the projects and the properties, breaking every area down. And you can see the Zaka-Tecas type, deep vein type, non-boiling, hybrid, intermediate, low-sulfidation epithermal, and low-sulfidation epithertal zones. So they've done all the work here to identify these zones. This is inferred resource. You can see huge tonnage and potential from this property. And this is pre-IPO. So it's obviously just getting started. Let's look at the share structure. Obviously with Rich TV Live here, we love a tight share structure. That is vital for our members. Look at this, brand new IPO with 51.8 million shares. I like it. No warrants and only 5.1 million options with 10 million dollars of cash in the bank. Absolutely love the share structure. Love the cash position. Only 5 million options, which means fully diluted. This will be about 56 million shares. I mean, maybe 57 million shares. I mean, this has a chance to be an absolute rocket ship. Love to know what you guys think. Zaka-Tecas Silver, they're just about to get started. And we're literally doing the research right now. When they do IPO, I will be the first one to let you know. But I'm going to continue to do my research, do my due diligence and learn more about this company. You can go to their website. It looks like this. Zaka-TecasSilver.com. And you can go and subscribe. I have subscribed to them. So if there's any news, they will send it to me. You can see that they've been featured in The National Post, which I showed you guys here, National Post article. So they are getting some national visibility and you can learn more on their website at Zaka-TecasSilver.com. I'm going to continue to do my research. I'm going to continue to do my due diligence, but I love what I see so far. Love the share structure. Love the management team. Love the fact that they're surrounded by other miners that have enormous success. And like I said, I'm going to continue to do more research, continue to do more due diligence. And if I find out any more about this company, I will let you know. And when they do IPO, I promise you, I will let you know as well. I'm going to try to do an interview with the CEO or someone from the management team. Stay tuned to that as well. Very bullish on Silver and very bullish on Gold. So really like Silver and Gold companies. They've had a huge year over the last 12 months. They've now dipped from highs. I believe that there's incredible upside from here. We might dip a little further, but I also feel like the upside is tremendous. Love to know what you guys think. Is your boy Rich or RichTV Live? Remember, RichTV Live is strictly for education and entertainment purposes. Always do your due diligence. Always do your research before you invest in anything that we talk about here in RichTV Live. Always invest in the best. The best is blessed and you deserve the best. If you liked this video, smash the like button. Comment down below, share the video everywhere and subscribe. You're not winning. You're not watching. We bring you the winners and we bring them to you first. It's true. Another IPO that we're bringing you free IPO. If you're not in our club, join our club at richpixdaily.com, where you will get access to learn about these deals before we even bring it to the world. We let our club members know about picks that we're going to bring public before we go public to our club members know first about every single pick that we're about to talk about, including Zacateca Silver. Let me know what you guys think. Your boy Rich from RichTV Live, and I'm out. Hey, new IPO and our IPOs have been on fire.


Hello friends in thanks for hanging out with us here on the mark report at Cointelegraph I am your host Benton and we're joined again by our resident experts Marcel Peckman and Sam Borgie Sam Borgie is a business editor at Cointelegraph where he brings a decade of experience in economic analysis and financial market writing Marcel Peckman applies as 17 years of experience trading derivatives options futures to the crypto derivatives markets What is up guys how we feel in this week? Marcel what's going on? Dude, I think the longer we stay below $25,000. So this bear market stays with us So uncertainties now people first people were saying oh, it's because of 3ac the crash Voyager Celsius now they shifted. No, no, it's because of the global monetary recession So people were still struggling to find excuses to explain why Bitcoin is below $40,000 So when these things happen, it shows me that we should have been we should be right now above $40,000 But the market is scared so it could take another couple of months But when the sentiment shifts, it's gonna be quick because excuses are being made to justify Bitcoin being below $40,000 Cretates and Sam what's going on this week, man? Well, it's still pretty status quo, isn't it? I don't really see anything new coming nothing has really changed in the market as far as I can tell but there's a lot of Interesting forecasts being put out. So right now. I'm still status quo more or less We saw a slight recovery and now things are kind of starting to shallow out We're gonna dive into some of the biggest headlines Vitalik Peter and throwing some shade at Michael Saylor this week We're gonna be talking Bitcoin and Ethereum where those both will be heading next Marcel's gonna give you his expert takes as to what he's seeing from the professional trader standpoint But first things first folks, we want to thank everybody for jumping in today's show We appreciate all of our loyal fans out there a big shout out to Catherine Vikram wrong again Good to see everyone back. Feel free to drop your questions or comments in the chat and make sure you like and subscribe Coin telegraph on YouTube. We're here every Tuesday at 12 p.m. Eastern and folks. Don't forget We are giving away $50 to the coin telegraph store today So drop your Twitter handle in the chat for your chance to win So let's get things started here with our weekly roundup to give you some of the biggest highlights from crypto Twitter this week So do know let's go ahead and jump in always Always a pleasure to see that there's another scam or a hack going on it wouldn't be the crypto space without it So some of the biggest headlines from the crypto Twitter sphere, but first I think we have some memes to get into this week So let's go ahead and show you some of the latest memes for this week. What do we got first here? You tell your friends to buy Bitcoin it pumps the next day. That is the the prodigy We all love that Bitcoin is worthless cool. Send me one of them for free. Yeah, not happen Can't have my Bitcoin Dogecoin just made up money with an infinite supply Federal reserve tucking its tail. Yeah, that's about right when it's career day and your dad walk in with his NFT That's great next generation grown-ups gonna have it real good Fantastic job again Adrian Dennell. Thanks for the memes this week. I always enjoyed the chuckle I see folks joining in from around the globe tells where you're tuning in from today Thanks for jumping into the market report. I know we're gonna dive in to some very interesting topics this week Vitalik buterin throwing that shade across the Twitter sphere tweeting at Michael Saylor One of the big headlines we're gonna dive into but first I want to talk to you about a little bit of Bitcoin So let's go ahead and jump into our first article here that we have pulled up for you So Danila if you wouldn't mind just pulling up my screen Headlines gonna read Bitcoin bulls event 23k and mid-warning bear market rally alive and well guys What did we see so far this 23k mark seems to be kind of holding? We haven't really broken that far above it. What is this telling you and why is this such an important key metric right now Marcel? But I don't think that 23 or $22,000 is an important metric I think what Bitcoin needs to do right now. It's stay above $19,000 because if we see another rest test of $19,000 for some reason investors thought we start beginning. Well We were at $18,000 just a month or two months ago now we're rest at retesting 19,000 So what's going on here is the fundamentals improving or not because when we shift the fundamentals of Bitcoin for instance the number of transactions of number of Active users using Bitcoin or lighting network itself It has little over 4000 bitcoins, which is way too small compared to Ethereum DeFi for instance So adoption in terms of companies or countries. It's stagnated over the past six months So if the prices plunges back to $19,000 I think investors will rethink their position and say well if it's plunging to $19,000 Maybe it's better to sit and wait because it can drop to 15 or $16,000 So I'm going to add my positions and wait for a better entry point So if it flows above $20,000, I don't think investors should be concerned right now the one thing I will point out Marcel is that the the key level of 22800 is where this 200 week moving average stands We just broke above it with a couple wicks, but wasn't necessarily that compelling So you see rec capital tree to tweet out the new BTC weekly close above the 200 week moving average means that price will retest This moving average as new support this week BTC already held the MA as support last week as evidenced by the downside wick So that's what kind of this article is is alluding to Saying that even though this isn't hyper critical for the overall macro of Bitcoin that in the short term If this level holds it seems to me that this could continue to form support moving forward So Sam, what is your take on what's going on right now? With kind of the recent rise above this this moving average.  Well, I suppose the big question on everyone's mind is have we bottomed or not? I mean that is really the critical question. I know that we had an interview with Mark Yusko recently We all love Mark. I had a pleasure of meeting him in Miami and he basically said we bottomed Which he made a compelling case for that. Obviously the 200 day moving average is very significant My thesis is still that we have another wick lower probably in the fall The activity that we've seen over the past few weeks. I didn't really change that Although we are seeing some buyers to have been around the $20,000 mark. I mean that's been defended Quite a few times Surprisingly to me because we haven't really seen that volume signature To indicate that the market has flipped But there's a lot of people bargain hunting around 20k and it seems like a lot more people are adding that position I expect that the number of whole coiners is going to be rising substantially over this period as people buy these low levels. So overall My overview hasn't really changed. I still see us probably bottoming out with the broader mackerel bottom in the fall and We can begin the new four-year cycle after that, but Overall, we're just splitting hairs here bitcoin at 22 or at 19 or at 16 It's not going to make a difference 18 months from now The one other excerpt that I wanted to point out from this article is that they talk about some of the on-train metrics some of Sam's favorite statistics to the review One of the quotes from this article is that however under the surface on chain Transactual demands remain lackluster at best and this rally has not yet seen a convincing fall through an observable demand activity So kind of adding to Sam's point there is that demand Isn't there however, a lot of people are kind of targeting that 20k level in adding into their position So the last question that I wanted to ask and then that we looks like we have a couple questions here in chat Is it we saw kind of a little bit of a rally after the meeting the FOMC meeting last week? Why why are we rallying out of these FOMC meetings a 75 basis point like like Sam? What's your take as to why this is happening? Well aside from the fact that we live in a clown world Let me see I Think I think Powell during the interview portion or during the press conference Basically said that the Fed will begin to shift to be more data-driven Now the Fed is always so-called data-driven But it seemed like some people read some of his comments to mean that okay now The federal funds rate is moving to a more neutral level. We can start maybe to decelerate the pace of our rate hikes We're still gonna be hiking, but maybe not as aggressively so investors I think took that to mean that maybe the worst of the of the rate hike pain is behind us So again grasping at straws. I Still see us going up a lot more or maybe not a lot more, but at least a few more rate hikes into the fall I think investors are still underestimating how much the Fed can hike given the fact that inflation is where it's at Even if the CPI print is zero the rest of the year the overall 2022 CPI rate is gonna be much much higher than the Fed's target, which is 2% Fascinating and I guess we'll see if we are yet to see a hundred basis points I see wrong again saying because it wasn't a hundred basis points that we rallied So interesting that people were kind of maybe expecting a higher hike, but we only got 75 So a question from the chat with China and US tensions simmering what impact would it have on the crypto markets? Marcel What are you kind of seeing with potential tension between China Taiwan the US? What other kind of fallouts could potentially happen with with the traditional markets? Well, but I think that those narratives are gonna be Drown or the conclusion of the narrative after the fact so for instance right now. It seems like we're still in a bear market, so Any news tend to have some negative impact on markets because investors sentiment right now is hmm Maybe there's a recession on the way. Hmm. Maybe there's more on the way So why would I do I want to hold risk assets like Bitcoin and Ethereum? So likely if there's a headline of war or conflict escalating between China and US as we've seen with Ukraine and Russia with the primary the initial impact would be negative for crypto assets, but It should be the opposite if you think it through because if Swift if China is banned from the Swift or if there's some kind of tension or Mac or economic dispute between the two countries There's more demand for Bitcoin as a scarce asset as an asset. That's Sensorship resistant from governments itself. So but the initial movement I think it's gonna be negative because we're in a bear market just because of that Get same anything you'd like to add to commentary about the simmering tensions between the two nations Well, we saw what the trade war under Trump did for risk markets in the short term We had a lot of nasty headlines about tariffs and trade wars back in 2017-2018 and the short term effects as Marcel mentioned were were quite negative So again, but those are short term. It's really gonna depend on where these tensions how they're resolved I know the US is already threatened to take China off the Swift system You know, that was I think they reiterated that threat a few months ago, which is I don't know a man You weaponized Swift. How do you expect the dollar to be the neutral global currency when you're weaponizing the finance system like this? But maybe in five years Swift won't matter anymore, right? So It's something to keep in mind. I think this is a geopolitical tension, you know with Taiwan and with the visit So overall you got to see where it's gonna go, but short-term volatility for sure is a staple of these headlines Very good, and we appreciate all the audience's questions say we're gonna be checking that chat So if you have questions for Sam or Marcel, feel free to pop them in there We're gonna go ahead and pivot over here to our next article today Headlined reading three Bitcoin trading behavior is the hint that BTC is rebound to 20 24k is a fake out So on this daily chart Bitcoin is rebounded at least five times since November 2021 Securing 23 to 40% gains on each recovery. I'm gonna Maximize this image here and you kind of see a little bit of the trend patterns here blue line being the 200 EMA The red line being the 50 EMA and then the black line being the hundred-day EMA Are we at a local top right now and could we go down further? Sam, what is your take here? Well, we're talking about tops now. That's that's interesting Yeah, I look I think you you know my my view on where the market is How high can it go on a short-term relief rally? I was expecting a bigger relief rally months and months ago We didn't get it. So the fact that we're getting some moving up the mid-20s isn't really that impressive to me It really means nothing actually because we're used to getting bear market rally to any market We haven't really seen one in Bitcoin. It's been like the meme down only so I would generally agree that it's a fake out I don't see any volume signatures that suggest the bulls are back and forth for that retail is back Right now. We're in this weird macro climate. Everyone is still kind of unsure everyone's trying to feel everything out There's a lot of capital on the sidelines once they get that green light You're gonna see a flood back into all types of risk assets When is that gonna happen? It's gonna depend a lot on the Fed People are expecting a pivot this year Maybe maybe not I tend to think that they have more room to continue hiking But I think it'll all come to a head in the fall That's just my my my take on it right now. So look for the CPI report or the FOMC stuff You got the the Jackson Hole Summit end of end of August and then we can see how September October are gonna roll out These agree with Sam I'm not what do you got myself Two issues that's pressing right now. The first one is regulation We just saw Coinbase the biggest US exchange a former manager being a jail or threatened to go to jail because of insider trading and the regulators clearly said Coinbase listed nine Securities they gave the name of the coins that they consider securities and they're alleging that it's this former manager did some front-running So this involves not only Coinbase But most of the exchanges and most of the venture capitalists and most of the market makers and the participants on the crypto markets Whether we like it or not crypto is not only Bitcoin the exchanges depend on those outcoins the VCs depends on Those ICOs and NFT markets and etc So I think right now regulation is a big risk for crypto markets and for Bitcoin itself Even if we don't talk about altcoins the hash rate top it like two months ago the hash rate top it at 230 X hashes and it's right right now at 200 X hashes It doesn't matter. What's the reason causing that but from an investor perspective if the hash rate, which is the miners Computing power processing power. It started to grind down Changing a shift that has been going up for two years. That's concerning So I think that those two factors are waiting in and want me until we saw a Reversal a change on that. We're not gonna see Bitcoin above $30,000 You heard it folks. It's I want to kind of zoom out for a second Are we in the midst of a long-term? deleveraging of the markets Considering that we are now officially in a recession regardless of whether the White House Can actually present the proper definition of a recession. Are we in the beginning of a long-term deleveraging Sam? You're shaking your head Yeah, I'm shaking my head at the at the recession aspect and how they basically decided, you know If you don't like the way a definition is you can just redefine it and then all of your Pat C's in the media, you know your CNBC's Fox's CNN's all of them are all the same They decide to actually Change the definition for you they'll help you do it on Wikipedia as well They change the definition of what a recession is mind blown mind blown Do they really in terms of deleveraging You know, I think that we are gonna see a strong recovery in markets after the Fed Breaks what it's doing what the markets breaking the market right now It's gonna have to eventually reverse course at some point I think you're gonna see a massive run-up and then you'll see the great deleveraging. I think might come a little bit later Don't underestimate just how much air the Fed can pump into the system Right now it's taking the air out see if it's to save its its legitimacy But eventually you have to put it back in as we head deeper into a recession and as we all get a lot poorer You know the 401ks the Roth IRAs our assets. We're all getting a lot poorer Anybody who's gonna be retiring the next few years gonna be retiring into this so the Fed is gonna have a lot of pressure on its on a to deal with and I think that the The air in the bubble is gonna get a lot bigger before we get a massive deleveraging impact. Just my opinion In I guess more solid this questions for you. We saw a negative GDP obviously the last two quarters What would it take for the US to flip this GDP positive in your opinion and what kind of factors would play into that? I Think as soon as investors gets more confidence that the economy is not blue Going up meaning what Sam's just said that Fed is gonna support the markets or at least Stop hiking interest rates as soon as this moment steps in Then there will be more investments companies will be more eager to to hire people and to build products and consumer Housing prices will go up and the economy will start to pick up again the problem is if inflation goes back up again and Federal reserve is betting that no we're gonna be able to do a soft landing and when the markets recover Inflation is not gonna be picking up That's so that's the main issue But initially as the federal reserve says okay, the maximum rate hikes is gonna be 25 basis points from now on markets will rally but We're gonna have to monitor how the economic data goes especially inflation because if inflation starts to train up again Federal reserves will be with their hands tied and that's when Cryptocurrency and Bitcoin especially will soar, but that's gonna be for 2023 not for 2022 All right I do want to talk about eth today because I know Marcel is gonna dive into a little bit more specifics about this But one of the big headlines that we saw this week Was how people are saying that eth is kind of consolidating after the recent news about the merch coming up in September Is the hype really real or was this a big nothing burger? Dino, let's go ahead and pull up this article written by Braden Lendrea here at coin telegraph Couple of the big excerpts that I wanted to read was that the thesis has been based on macro factors and price Analysis of the crypto currency noting that the Fed still continues to ramp up quantity of tightening program Which drains liquidity while noting that ETH's price had reached technical resistance around 1800 We see ETH kind of coming back down to earth this week right around 1500 What is your take is anything changed in your eyes from the fundamentals? And what does this upcoming merge mean for for Ethereum Sam if you wouldn't mind jumping in Well, I think we've been talking about the merge for a long time and I think there is some meaningful progress being being made It's more than just hype. So I think that Ethereum Can improve the fundamentals are improving I think the hype is gonna be returning to a limited extent even during a bear market. We could still see some strong bear market rallies Overall, I think Marcel has talked about this before but the the new updates aren't really gonna solve some of the long-standing issues around scalability so the Negative press around Ethereum is still gonna be there, but I think the merge is still gonna be a very significant milestone We've been talking about it for a long time now and as such it'll probably be big enough to serve as a catalyst for price in The short term so it'll be an exciting few months for ETH holders. I think Despite the fact that we're in a broader macro downtrend You could still see some momentum or at least a consolidation in the next few months Marcel you want to add anything then there for Ethereum? I Think there's two factors in play here The first one is the miners Ethereum miners how strong they are like bitman just launched a azic miner for Ethereum So, yes, they're gonna support it to fork based on mining Proof of work, so I don't think that Vitalik and their friends want to fight them right now So it's easier just to postpone the march But having said that what the Ethereum fans are rooting for it's not the end of the mining itself They don't care about the energy use what they care about is inflation because right now Ethereum doesn't have a hard cap hard limits It implemented some of burn mechanism, but it's still an inflationary coin So what Ethereum supporters are rooting for is the end of mining will not require any more ETH printing to finance The miners the validators so only the staking Will be in place so lesser inflation they think that what that's what's gonna drive it Ethereum up, but I'm not personally fan of that the definition I think that what investors wants want is Presubility they want to know what's gonna be the inflation in the next trap three five twenty years and it here keeps changing the rules Every year, so that's not what investors want, but the core depths and the Ethereum fans do believe that a lesser inflation will be Equivalence to higher demand and higher prices, but that's not true And we have a question in chat here from um, crypto would merge lead to the lower ETH fees I think we've touched on this before but Marcel if you wouldn't mind providing us your insights here No, Ethereum merge doesn't Change the the fee processing or the demand for the block space What's gonna change the fee structure is the sharding process So the parallel processing the 64 channels that we validating transactions and smart contracts Parallel, but right now the merge is only by it's only gonna take the proof of mining the miners away from the from the validating set and implement The proof of stake so no more mining but nothing on transaction fees Very good, and the last thing I want to touch on today is what we started with Vitalik slamming Michael Saylor to know if you were to mind pulling up the old Twitter Let's take a look at this tweet from Vitalik. I'm gonna zoom in here so you all can see this Vitalik says why do maximalists keep picking heroes that turn out to be total clowns And I guess this was in reply to Daniel robust again against quantum attacks Goldman Guys is this is this just typical crypto drama right now, or is this Something real considering the metallics kind of calling out Michael Saylor here Sam. I'll let you jump in here first Well, I'm surprised that Vitalik actually clapped back so aggressively usually he's not that aggressive in his response I mean Michael Saylor and a lot of the Bitcoin maximalists have been calling ETH an outright scam You know from the very beginning Taylor may have may not have called it a scam just security But a lot of the people have called it a scam. So it's It's interesting that he actually responded but it's crypto being crypto.   So I'm not surprised in the back and forth I'm kind of surprised that Vitalik actually responded by calling him a clown. That's that's kind of funny. I Mean and you saw a sailor do the interviews recent weeks calling Ethereum and outright security So maybe this is in response to Sailor's public appearances recently, but Marcel let you kind of chime in here as well Yeah, I think Sailor is clapping for the regular Regulation so in Sailor's head somehow if regulators block Those scammy out coins not saying it here is one of them but if the regulator steps in that's gonna be good for the industry, but You can either choose decentralized or Centralized once you clap for the regulations and said well, we need you you need you we need you to regulate to say What is the security? What is not? You're basically saying that? Investors and the users by themselves are not able to decide. So I don't I think Sailor maybe he's doing that because first he's deep dived in Bitcoin his company has a huge balance sheet exposure to Bitcoin and Second because he saw some venture capitalists and funds getting a lot of money from retail investors by joining those ICOs and doing illegal stuff. So he's kind of resentful, but bear marketings Exactly right no one else has anything better to to bicker about so it seems like they're taking their frustration to the Twitter sphere The rumble Royale for all crypto Twitter All right, folks. We are gonna continue this show here Don't forget drop your Twitter handle in the chat $50 to the coin telegraph store for all the swag From your imagination and dreams. We have it in there Next thing's next is we have the crypto tips this week. So let's go ahead and jump in Alright, keep your crypto wealth on a cold wallet There are two types of crypto wallets hot wallets and cold wallets along with each wallet comes its private key a Cryptographic password that provides users with access to their funds hot wallets are digital always online connected to the blockchain While these allow for quick and easy transactions They're always online nature leaves hot wallets relatively prone to hacking as a general rule of thumb It's risky to use a hot wallet to hold any amount of money that you're not comfortable losing Cold wallets specifically hardware wallets are physical devices that store your crypto offline It can only be connected to the blockchain using your private key For no more than $150 hardware wallets that look similar to USB drives such as the ledger and treasure Can store multiple crypto currencies and significantly reduce your risk of getting hacked Here is also a few additional wallet safety tips for you So always have your two-factor authentication on wallets and exchanges that allow it never give out your private key Don't keep your crypto on an exchange unless you plan to actively trade it The only thing standing between you and a Hector is your basic hot password All right folks that is your crypto tips for this week and I want to go ahead and give a quick shout I see people dropping their Twitter handles in there rich new design good to have you back in the show Really happy to have all of our loyal audience members today. Thank you again for tuning in love having you here Next things next though is we got Marcel gonna give you the goods about Bitcoin and Ethereum this week He's gonna get into some of those technical professional trading statistics that you're gonna want to hear So I'm gonna let Marcel take away next Okay, guys, so Correlation that's what's limiting bitcoins recovery right now and it seems We might think that crypto currencies trade solely based on investors expectation for adoption inflation protection and censorship resistance features, but the truth is the broader market Participants they do not care for any of that. So in short Bitcoin is perceived and trade as a risk on asset Sure on longer time frames It might work as a hedge of central banks exorbitant expansion in measures So they bring money like hell and every risk on assets in the world oil Bitcoin housing stock market goes up But that's not what moves the Bitcoin price on a day-to-day basis Holders have zero influence on the crypto prices being traded on exchanges at least on a short-term basis Moreover that during extended bear market periods the odds are those bulls are already are all in They're overly committed. So the lesser odds of having spare cash available for buying So Danilo, I want to share my screen, please So here we have the Bitcoin chart the blue area stacked against the S&P 500 stock market index in the orange era and Notice how both assets are in sync. They they they have the same trend upwards and downwards movements So the the indicator the courage correlation indicator Current stance near 70 which is significant Especially considered has been high for the past four months So the movements up and down of the S&P are being replicated on Bitcoin right now Which translates to a high correlation? Thank you, Danilo And that's a major red flag at least for now Considering the recession risk imposed by the surging inflation and the Federal Reserve's initial movements to revert those measures and Sell some of its assets the debt assets over the next 12 months to curb inflation. I'll explain it how it occurs So the federal Federal Reserve balance sheet is composed composed mostly of Mortgage-backed securities U.S. Treasuries and corporate debt using ETF instruments. That's what compromises the Federal Reserve balance sheets and currently they hold near nine trillion dollars worth of those junk assets and they promised to reduce it by one trillion in one year So that's what they said So once those stimulus measures were cut back in June and July Initial signs of crack in the economy started to emerge So the GDP which is the broader growth index of the economy presented that Minus 0.9 percent second quarter performances. So a contraction in the economy So from one side it is positive. Yes, the market needs to cool off. It's known as soft landing the Federal Reserve Reduces the stimulus measures to wind down inflation, but on the other hand it Increases the costs of companies By increasing the the Federal Reserve interest rates. That's gonna kill some jobs That's gonna kill some excessive leverage companies For instance, even at 20 percent housing price could trigger a major recession So investors are worried about that right now So that that's what's living in crypto markets right now. Forget about lightning network Capacity or a team merge. It doesn't matter right now Investors should be focused on what the Federal Reserve is doing and how the economy is reacting So focus on a big picture and stop paying attention for these little details because they don't really matter right now Excellent information from our cell today. We appreciate your in-depth analysis here What's actually going a quick underscore? I want to add to that if you have not watched how the economic machine works by Ray Dalio Go watch it. It's gonna talk about a lot of the points that I think Marcel Brought up and it's super easy to understand about all of these components about central banks Governments how they all interact break it down by the way great watch All right folks the next segment we have today is the markets pro segment You should have been watching these two coins and this week We're gonna highlight the two that absolutely went in fuego based on our vortex score and our newsquakes So let's go ahead and jump into our two tokens that you should have been watching for our markets pro Don't you wish you had some of those newsquakes fire off well this week That's exactly what happened Newsquakes are those automated alerts that instantly notify users when market moving events happen this week rose trading Under the ticker R. O. S. E. Saw significant price movement this week after a news of a partnership with meta a Newsquake told markets pro subscribers about the development when the price was at five cents And it soon climbed to the peak of eight cents That is a 60% increase and you see there on the chart huge gains and that's the power of the newsquakes The next token that we're watching this week was rad trading under the ticker R. A. D. And the vortex score which is a comparison between its current market and social conditions of those in the past Lit up with a 50 this week, which is typically a neutral indicator But earlier this week rad saw several green vortex scores flash to alert markets pro subscribers of bullish historical conditions At the time the scores lit up rad was trading at one dollar and 84 cents a few days later That price skyrocketed to four dollars and 61 cents a remarkable increase of 150 percent Folks that is why you got to use markets pro is the power of the vortex or in the power of the newsquake score And that's why we have this news for you guys this week is to be able to use those tools as powerful in your trades So folks I want to thank everyone for tuning in today And if you have questions or concerns here for our final closing thoughts today Go ahead and pop them in chat and we give you an opportunity to ask Marcel or Sam any of your burning questions here But we are gonna be giving away that $50 to the Cointelegraph store. So make sure you drop your Twitter handle in the chat All right guys, I want to get those closing thoughts today Sam won't we start with you here while we wind things down What kind of closing thoughts do you have for today's show? I? Suppose we should all be thinking about enjoying the rest of our summer, you know here in the northern hemisphere. No, it's gonna be I think a bit on the on the law the next month or so and September-October is usually where all the fireworks happen. So Ensure that you're well allocated if you believe in Bitcoin and in crypto Be allocated in the market at this time. I know it's hard to promote that now is a good time to be in the market when Conditions are so bad, but this is really where you get your position Obviously not financial advice It's just if you thinking about investing in Bitcoin and crypto the best time to do it is during macro bottoms or what some would call Generational bottoms, although I think it's too early to call any kind of generational bottom given just how volatile crypto really is So now's the time to kind of you know get allocated and look for the future I think in 18 months from now The market dynamic will look vastly different, especially as we head into the next having so Patience is a virtue as it always is especially in investing Great advice that was not financial Marcel When you're close at thoughts this week, I Agree with Sam, but I want to highlight for instance Bitcoin is trading right now near $21,000. So let's imagine someone says, okay So I'm gonna wait. Maybe there's a dip back to $18,000 or $70,000 and it goes to $19,000 for instance, but by the end of the year it rallies to 26 or 27 How do you think that person? Especially if that's you are gonna feel about it. You're gonna say, hmm I missed the boat. So I'm not gonna pay 26 or 27 right now maybe there's another break or another button over the next Months and what's gonna happen is that Bitcoin is gonna fly to $30,000 and you're gonna miss the boat So it doesn't really matter if you're paying 19 20 21 when the price shoots up to 30 And it's a matter of when sure it might not be in six months It might be not being one year But it's gonna happen because the US dollars in circulation will never stop being printed So it's a matter of time. It can take three four years. Yes We don't know about it. But once it hits $30,000 and you didn't buy at 20 21 or 22 We're gonna miss the you're gonna you're gonna have missed the opportunity and you're not going back into Bitcoin So at least by 30% of your position if you rather stick with Ethereum right now do it But at least do a 30% of position. Don't stay out of the markets Guys, thank you all for sharing your thoughts for today In all great points and I'm gonna echo what Sam and Marcel are saying if you don't have The price of a full Bitcoin right now dollar cost averaging is your best friend So you catch those swings up and down at all averages out over time That is my opinion. That's my take on things I want to go ahead and give out our $50 gift card to the coin telegraph store today We appreciate everyone for tuning in chime in with your questions Love having you here and chatting it up with everyone in the chat But today I want to shout out Wade Finley and you are gonna be our coin telegraph store $50 gift card winner for today. So that is at Wade underscore Finley We will be shooting you a DM on Twitter to give you that gift card So congrats Wade Finley and hopefully if you don't win today, maybe next week So make sure you are here next Tuesday at 12 p.m. Eastern We appreciate everyone from tuning in from around the globe and we look forward to seeing you next Tuesday here on the marker report We'll see