Hello, everyone. Welcome and thank you for hanging out with us today on the market report with Cointelegraph. My name is Joe Hall and we are joined again by our resident experts, Marcel Peckman and Sam Borgie. Now, Sam is a business editor for Cointelegraph who brings over a decade of experience in economic analysis, financial market writing and all those good things. Marcel Peckman applies his 17 years of experience trading derivatives, options and futures to the crypto derivatives markets. Gentlemen, a lot has changed in a week, hasn't it? How are we doing today? How are you both in your respective countries? Should I go with Marcel first? Well, we lost the World Cup Brazil is out from the games but besides that I can say that I'm positive, happy because SBF, Sam Bachman Fred, went to jail, the FTX guy. Well, at least he's under custody of Bahamian authorities or whatever, but he will eventually be extradited to the US. So I think it's something for us to celebrate that bad guys are going to jail. So positive week. OK, good. The good and the bad there. Sam, how are you doing? Surviving the Canadian winter? I am and happy CPI day to everyone. This is how we measure progress now with everybody watches CPI. Everybody waits for that mid-month CPI print in the US because that's going to let us know what daddy's going to do and daddy being the Federal Reserve. So yeah, I'm cautiously optimistic about the whole SBF thing. I know that while the mainstream media was out scratching his back and making him look good, I was calling him a fraud and I've been calling him a fraud for weeks now and that's what he is. So hopefully some justice can be served for all those FTX creditors, those people who have funds locked up on that platform while this guy was issuing billion dollar loans to himself through the company. So that's positive, but we'll see how it goes and what comes out of it. Absolutely. OK, I mean, yeah, we'll dig into what big daddy is going to do a little bit later, as well as of course, SBS treatment. But before we go into that, we've got all this good stuff planned for you. So of course, as you know, market reports is the show where we bring you the information you cannot find anywhere else on the internet. So today, Sam, Marcel and I will discuss what's been making headlines in the crypto space as well as the wider business and financial markets. And of course, some disappointing world cut results. Marcel, Brazil, his team, my team, England, we're both out, but we're going to be supporting Morocco, I guess from now on. I mean, we'll discuss that as well. But most importantly, we're here for you guys, the Cointelegraph viewers, to try to help you navigate through these trying and sometimes wild times. We're looking forward to connecting with you to chatting with you. And of course, if you have any question, no matter how bizarre, please pop it in the chat and we'll do our best to get back to you in the show. We're also giving away a $50 Cointelegraph swag store voucher. I think it might have rolled over from last week, so it might even be $100 voucher. So that means you can get plenty of Christmas swag just in time for the 25th of December. Now, here's a quick breakdown of today's show. I'm going to kick off with the weekly highlight video, followed by meantime, arguably the best segment. Following that, we've got market news updates, a quick crypto tip from yours truly. Marcel's trading insights and then a recap of what markets pro could do for you and your trading journey, followed by the giveaway of that $50 or $100 gift voucher. We'll decide that very shortly. And as always, remember, there is a 25, 20% off markets pro code in the description. So just check in the description after clicking the like and subscribe button and you can see the markets pro voucher there. Cool. Now we've got the housekeeping out the way. Let's kick it off with the weekly roundup video. So video team, please take it away. It really does feel like it's been a very busy week. So much has happened, you know, just in the crypto space. Happy CPI day, as Sam says. It is a great day to be alive and a great day to trade. Shall we dive straight into the meme review? Or do you guys have any comments on a few of those headlines that popped up there?  I think there was something about the defy TVL, the deposits going down from $200 billion to $40 billion or whatever. But I think that's not what the investor should focus here. I think first, for instance, if MakerDAO, the die stable coin survives the biggest crash, crypto crash, maybe ever because we never went down to a previous peak of $20,000 and we went to $15,000. If MakerDAO survives, I think it's a vote of confidence. It says, wow, the system is working. I think there's some interesting thoughts about defy, not everything is negative. Interesting. I like that. Yeah, it's good to maintain an open outlook, these sorts of things. As I said, a lot of these tests, but they could eventually prove successful or fruitful. Sam, any comments or should dive into the memes? Let's dive right into it. I've got plenty of comments later. Get my goggles on to dive in. This is Ralph Bankman-Free. He is indeed. Which is good, right? Shit's going down in all my land. This is an evergreen meme, isn't it? It comes down every once in a while, right? Yeah, classic. I actually saw this one shared on the Cointelegraph media team. It's a full video of him, like, slo-mo going crazy as Portugal get knocked out of the World Cup. It's one of those videos that's really uncomfortable to watch. Pretty much sums up when another crypto exchange goes down, which they continue doing so. So please, guys, take your coins off exchanges. It's another reminder, right? Through the virtue of meme. We are all underwater. More times. They picked up 25, and they drew 25. That's some good ones in there. Everybody was paid by SBF except me. What's wrong with me, dude? You should have paid me a million dollars per month, so I'd say we were the best exchange in the world. Come on, God, help me out. He was too busy buying the block, CEOs, houses, and yachts and things. As for the New York Times, wasn't it the New York Times that broke the news this morning, despite the fact that previously they were worshipping Sandbank Manfred and FTX? So I thought it was quite nice that finally they realized that we should probably report the real news. The guy's on jail. Now it's too late to try to do some press, I don't know, whatever, massage or some positive remarks. It's not worked. It's not going to help me. We'll get on to that with him. I think it's our second story today regarding his expedition to the US, and he's in handcuffs supposedly in the Bahamas. I feel like I will see it. I'll believe it when I see it. I'm just going to check the chat quickly, see if anyone's been messaging. A lot of people discussing whether or not the bottom is in. It's probably a nice segue into our first story. Sam mentioned it in the intro today. We are on CPI day when the Consumer Price Index is released by... I'm not sure which government body does it. If we can flip to the screen share, I can show the article that we're going to discuss this morning, or this afternoon, wherever you are, respectively. So Bitcoin sees CPI volatility, it always does, as lower inflation sends the Bitcoin price to 18K. We got a nice little Bart style pump today, didn't we? The key things to note from this, as you can see on this trading view, daily candles each day here represents 24 hours of trading. A green one means positive, a red one means negative, and here we have a spike on the 13th of December. My Siri is talking to me, which is never good. On the 13th of December, you can see this great big green candle spiking up, which was based off the CPI print. Sam, is this normal? Is this purely because the CPI was slightly lower than it was supposed to be? Does this also mean that the bottom is in? There are so many questions I could ask you here, Sam. What's your take? Yeah, well, I mentioned earlier, kind of jokingly, about happy CPI day, and I mentioned that because, as Marcel has talked about earlier in the year, Bitcoin and the traditional finance market have become increasingly correlated. I mean, that correlation has weakened over the past few months, but we've seen a strong correlation between traditional finance and Bitcoin, which means that suddenly crypto investors and Bitcoin holders are interested in what the Federal Reserve does and they're interested in traditional economic indicators because it has enormous implications into the Federal Reserve's fight against inflation. So the whole idea is that the Fed has been ramping up interest rate hikes and reducing the pace of its monthly bond buying program to bring inflation under control. And that really wasn't working for a while, but now it seems like the headline CPI, which is the Consumer Price Index, measures a basket of goods and services, it rose at the weakest rate in about a year. So we had a 7.1% annual or year-over-year rate in the CPI in November, which was below forecast calling for 7.3%, and it was lower than the October print of 7.7%. We also saw a dip in the Consumer Price Index, the core indicator, and the core CPI basically strips away what they consider to be volatile goods like food and energy. That went down to 6% year-over-year from 6.3%. So all this to say, it looks like the Fed is on course to raise interest rates tomorrow by half a percentage point, which is lower than the previous pace of 0.75%. Investors are taking this to look at to mean we're heading toward a soft pivot by the Fed. They're not completely eliminating rate hikes, but they're reducing the size of them, and that supposedly is supposed to be good for risk markets. However, we've seen in previous history that anytime the Fed pivots, it's usually not good for risk assets for several reasons, but overall investors seem to be optimistic today that weakening inflation is going to be good for the markets and perhaps put the Fed on pause mode heading into 2023. So we'll see whether those expectations pan out. Okay, and as for the question that we've received in the chat there, Sam, it's an excellent overview analysis and presumably lots of traders will be waiting with baited breath for the announcement tomorrow of what the Fed decides to do. But does it mean that the bottom is in? Does this positive inflation number? I can't believe that 7% is positive. Does that mean that the bottom is in? I think, I mean, Bitcoin's held up fairly well, all things considered, but I have been expecting one final flush out in the cycle. Where that ends up, I think we probably could go below the 15k mark that we saw last month, but that's just an academic discussion, guys, if you're in the chats. It doesn't matter if Bitcoin hits 15 or 14. These are very optimal levels. In my opinion, to be accumulating, if you believe in Bitcoin's long-term value proposition, timing the bottom is notoriously difficult and in fact impossible for most of us. So assess whether Bitcoin's fundamentals have changed. The answer is no. Only as change has been the price due to the speculation. So I'm not too fussed either way about where the bottom ends up at this point. Marcel, to what extent is there a consensus that the markets will recover as soon as the Fed reverses or as Sam suggests, this soft pivot? I kind of agree with what Sam said here. I wasn't expecting a market to rally based on slightly lower inflation, but it's still 6-7% depending on how you measure. But what I think is markets wanted to rally. They needed an excuse. The CPI print was the one they picked. It could have been another one. But what traders and investors need to learn, and myself, is that you shouldn't fight the flow. If the market is trying to go up, if the risk markets are going up, even on neutral news, it means that market is expecting it to rally. Whether an employment will go up or down, it doesn't matter. As soon as the Federal Reserve pivots saying, well, okay, we're going to raise 50 basis points. And for the next couple of months, the maximum raise would be 25 basis points. So given an indication that, yes, that was done, 75 basis stop, now 50 basis rate, now 25 maximum. So I think markets desperately went on rally, but they want to time it so everybody does it together. And they're going to do it when the pivots. And as Sam really said, it doesn't mean that's the ideal market conditions. It doesn't mean that the rally would sustain itself, but don't fight the flow. The market is trying to go up, either stay neutral or stay long. Don't try to short those pups. Okay. Wise advice there. Don't fight the flow, as I say, that the trend is your friend, right? Anything else to share on this piece regarding CPI? I mean, personally, I still think it's a joke that we are celebrating this 7% increase in inflation. If you're not getting a 7% salary increase, then you are poorer and yet we are still celebrating this. So it doesn't really seem to me like, you know, human flourishing or progress. It's just that maybe it shows how bad the situation is right now and how much we need to do to get to where we want to be. Any other sort of trading tips here or maybe just general advice about how to manage with a cold winter? Yeah, go ahead Marcel. I have a question about UK, Joe. I heard today that average markets in UK are going to rise this year and the next year, 33% to 1,000 pounds average per month. First of all, is that true? And second, can anyone afford 1,000 pounds mortgage plus energy costs plus food plus everything else? I mean, it's a great question and it's one of the reasons I decided to leave the UK because mortgages, houses, which all just getting completely out of whack with the average salary. I'll tell you anecdotally that the friends I have that have bought houses this year were bankers, fintech service workers, or very, very senior professionals, say senior medical professionals. Other than that, everyone is struggling to buy a house, struggling to afford rent, all the usual things that, you know, the millennial generation on the whole complain about through no fault of their own. The current discussion in the mainstream media and in politics is the moment is the choice between heating or eating, which is just horrible discussion to have in the first place. And there's more and more viral content of people ringing into talk shows and saying, hello, I'm alone. I'm at home. I don't know what to do because I can't afford to turn the heating on. What do I do? And these are the sort of harrowing conversations that are happening. I don't know if exactly these figures are going up to a thousand pounds a month mortgage, but it doesn't surprise me. And the way the UK is going, it's becoming this increasingly backwards forgotten backwater in the north of Europe. You know, in 30 years time, the only thing that will be working in the UK will be tourism, finance, and maybe a bit of tech.  So it doesn't look good for the UK unless there's some drastic change in leadership. And, you know, to those that are still left there, good luck. You know, it's a very, very tricky place to get by at the moment. Joe, just a heads up. The Queen died about three months ago. Oh, my God, I'm still living in the past as the King. Yeah, and I'm still, I still find it strange when they sing the national anthem and go God save our gracious King. So yeah, sorry about that, guys. That was a complete faux pas. Anyway, probably a good idea to move on there. Thank you very much for the question of Marcel. And yet to the guys in the chat, I think we've sort of answered a question regarding whether or not there's a bottom is in, whether or not we will see a pivot tomorrow. So let's move on to the second article. This is the juicy one for today. All about our favorite pantomime villain in the cryptocurrency industry or, you know, cryptocurrency markets. Sam Bankman Fried finally arrested.  You can also buy this article as an NFT if you so wish. As that's part of Cointelegraph's new drive to sell articles or at least the cover work to these articles, you can collect it. This one in particular is probably in quite high demand because I mean doesn't Sam Bankman Fried look great in the orange jumpsuit from Guantanamo Bay. Right. The article in itself says that the Royal Bahamas police have arrested SPF or Sam Bankman Fried at the request of the United States government based on a sealed indictment. What does that mean? We're going to explain that to you now. But the key thing is that the New York Times reported on December 12th yesterday evening that the charges against Bankman Fried include wire and securities fraud, conspiracy to commit wire and securities fraud and money laundering. Basically, the guy is a scammer. The United States will request the extradition probably of Bankman Fried with Pinder stating that the Bahamas will promptly process any extradition request. So it looks like there's some collaboration there between the Bahamian authorities and the United States. In the intro, we celebrated this news. But what does it mean for people that have lost money in the FTX fiasco? I mean, can we draw any parallels between Mt. Gox, Celsius? What else went down this year? I'm trying to remember which other centralized exchanges have gone down. Have any of these guys been reunited with their money? And so does that mean that maybe FTX customers will be reunited with their money? Is there room for hope here, Sam? What do you think? The only thing that I'm fairly certain of is that this is going to take a long time to play out. If you're an FTX creditor, it's going to take a long time for the dust to settle. So what does this mean in terms of you getting your money back? How much you're going to get back? I have no idea at this point. All we know is that FTX's books are a complete disaster. And I'm actually just, I just read a tweet that said FTX basically used just a standard accounting software to, you know, keep track of all their finances, which I think it was QuickBooks they're using. This is at least what I'm reading on Twitter. What? I mean, QuickBooks is a great tool for small businesses. Do not get me wrong. I've used QuickBooks before. But when you're running a multi-billion dollar exchange, and this is what you're using, I think the evidence against Sam is pretty damning and it looks like he's been commingling funds from the very beginning. And, you know, I used to, we used to look at Al-Maeda research with like a sense of prestige, the companies, these guys backing everything like that.  And I hope to God this guy is brought to justice for what he did and the lives that he destroyed. And probably the fact that he manipulated the Bitcoin market as well. I mean, they had what, less than one Bitcoin on their reserves. How much paper Bitcoin did they operate with? And what role did they have in undermining the bull market, separate subject entirely? But unfortunately, if you're having the X, it might be a while before you get any of it back.  This is a prompt we often use in the industry. What does that mean specifically? Sam, sorry, I was firing that back at you. If Sam is offline, I can go. Are you on, Sam? I think I'm lost, guys. My connection isn't doing too well. I'll explain here, commingling funds. Yeah, thanks, mate. Yeah, Joe. So commingling funds, it's a crime, first of all. But it's putting together money from clients' deposits and Alamedas, the other company also owned by FTX or Sam, for using on margin trades, market making, etc. Or even providing loans to SBF and other FTX employees. So he was diverting funds, which supposed to be held under depositors' names, the clients, and using that for other things. Doesn't matter what you're using it to, buying venture capital companies, trading on margin, it's a crime. You should not be using clients' deposits for that. Okay, so say if you were to run a shop, I sell coffees or whatever, is it fair to say that it's like I'm putting my own money in the till, and then I'm also taking customers' monies and putting them in the till, and then I'm using them all to pay my employees or pay the rent or whatever it is, or is it even worse than that? How bad is it to commingle funds, as they say? It's worse because when you have, we're talking about two companies, separate companies, the Alameda Research, which was the market making and trading firm, proprietary, desktop, etc., and FTX. If Alameda did not exist, if FTX was a single company and the exchange had some form of trading using their own money, it would be less of an issue. Yes, it's still a crime, it shouldn't have been doing that, but when you transfer funds from FTX to another company, you're basically stealing. It's loud and clear. If you have a department on FTX, which by some mistake or whatever, lost $5 billion, you could have some form of explanation for that. Oh, we weren't expecting to lose the money, we're expected to touch the pollsters' money, but once you do the loan, once you transfer to another company, which shouldn't have a direct relation with FTX, you're basically stealing. There's no other words to describe it. It's different from a owner of a coffee shop or whatever using the money that should be paying for salaries and he's, I don't know, paying for hookers or giving it for friends or whatever. It's a different thing. We're paying for positive coverage in coffee shop weekly magazine courtesy of the block, for example, just to continue with this silly analogy. But I just wanted to break it down for people so they understand that when you see this word co-mingling, it's basically stealing. You know, you're taking money that isn't yours to do funny business with it. Okay, Sam, we've got you back. Good to see you back here. Marcel, just to continue on, what does it mean about this five billion dollar hole that disappeared when FTX went up in flames? Will customers of FTX be reunited with their money? Good question. So I saw the new CEO of FTX, the guy who was hired to try to unwrap this mess. He was on the US Senate today and he said, well, it's really hard to keep track of where the money went. But it seems that most of that, at least five billion dollars, we know that a billion and a half they lost on trading, but some five billion dollars were paid to venture capital investments. So FTX and Alameda or whatever the group bought stake on other companies, start-ups mostly all over the world over the past two years. And it's very unlikely that this money is going to be recovered because first you have to prove to the judge that the money was effectively mismanaged. It was not FTX monies in the first place to be given away. And second, if the company has already spent it, you cannot unwind the trades or whatever that it has done because the company did not have a direct relationship to FTX. So it's too many hops to try to get it back this money. And if you're going to be selling the stake on a start-up that it's really small and maybe unlines it, et cetera, I don't know if it's worth anything. But as Sam said, it's going to take at least five years. So we get to know how many cents on the dollar FTX depositors are going to get paid. Yes, it's great that the penguin from the Batman movie is going to jail. But that doesn't mean that FTX creditors and clients are going to get their money within the next two years. I don't think it's going to happen. Did you just compare SunBankman Free to the penguin in the Batman movie? Yeah, it's the same guy. That needs to be a meme. If it's not a meme already, it's probably already created somewhere on the internet. Okay, great. Right then. I think we can talk to SunBankman Free to death, but ultimately the guy is in handcuffs. So there's some reprieve for those affected by FTX's implosion and scam. Now, let's move on to another larger than life figure within the crypto space. CZ, we have an expression in the UK, which is Marmite. Do you guys have Marmite in your respective countries you've heard of it or Vegemite? No? Okay, it's like a yeast extract spread.  I'm actually allergic to it, but people say you either love it or you hate it. And I feel like CZ is kind of like crypto Marmite in that a lot of people absolutely love him and think he's great for the space. And a lot of people think he's very bad for the space and hate him. For me personally, I'm of course allergic to him as I'm allergic to Marmite. But that was my segue onto the next article regarding, and if I could share my screen, whether or not are we showing screen? We are. Binance Exchange Daily Bitcoin withdrawed top 500 million dollars, which is kind of staggering in of itself. Can you imagine a regular bank withdrawing that kind of money in a small country somewhere? Anyway, CZ or Chao Peng Zao, his real name, he said that this fud helps us grow. So clearly he's taking the critiques as just another chink in his armour. He's also called the fud thoroughly annoying because lots of people are saying that Binance could be the next exchange to go up in flames. For CZ, it's just another day at work and it's thoroughly annoying for people. There's another part of this article I want to highlight, which I've just missed. But yeah, it was, here we go. Fud helps us grow even though they are thoroughly annoying. He wrote in a tweet storm today. Guys, never a dull day in crypto land. Binance is the world's biggest exchange and has processed half a billion dollars just today. It's just staggering when you think about how far the crypto industry has become. Could Binance be the next exchange to go up in flames or is this just more fud and more mudslinging? Marcel, let's go to you first. What do you reckon? Well, first, Joe, answering your question. I don't think Binance is going under over the next six months. It doesn't seem like they have shown some form of proof of reserves. They have over 50, 60 billion dollars worth of deposits. We still don't know how much clients, their own clients. Maybe 60, maybe 70, we don't know. But CZ is wrong when he's saying it's fud. Fud is some news that is not based on real facts. It's just suppositions, let's say. Because Binance halted USDC, USD Coin, the stablecoin withdrawals for over four hours. And CZ came on Twitter saying, well, it's some form of bank problem because the banks are not open right now. So we have to sell the back services and the Binance USD to buy the USDC coins so we can give the clients with...  First of all, a billion dollar that's been withdrawn, Doto, not only Bitcoin, over the past 24 hours. That's less than 2% of the 60 billion dollars of Doto funds that Binance manages. So it's less than 2%. Yes, it's a lot of money, but it shouldn't be a lot of money for the biggest crypto exchange in the world. I'm not saying that he's under or he doesn't have money, but I think that change should have other ways to convert stablecoins to give it to clients in less than four hours. So I think when there's smoke, usually there's fire. I don't think CZ is a hero. And I think that withdrawing from Binance, even if it's trouble, even if you're going to pay some fees for that, you should do it.  My money is still there. You're not going to win an award or trophy for that. So don't do it. Yeah, no, it's a really good point. And with regards to whether or not they have enough in their cold wallets to satisfy the demand with the draws off the exchange, it only takes half an hour maximum to send money from the cold wallets to the exchanges to satisfy that demand. So turning off withdrawals for four hours does seem to be a little bit of a red flag, doesn't it? You know, it does raise eyebrows and it does cause people to question whether or not Binance is having solvency issues or reserves issues. Sam, have you been observing this situation evolve? It's gone from Binance's next to, oh no, it's just FUD, it's just another day of work. And you know, these narratives in crypto can flip flop so quickly. Where do you stand on it? Well, I don't really have much faith in CZ. So I'm not on the side of the argument that he's an industry savior by any means. As Marcel mentioned, usually where there's smoke, there's fire. I mean, I don't want to FUD the exchange. We know Binance is the largest in the world by volume. But a lot of this stuff that's been happening really hasn't been making any sense. CZ's constant tweet rampage is tweet storms over the past month or two. Kind of reminds me a bit of SBF. Again, I'm not equating the two. I'm just saying things have been really weird. Didn't he recently publish a Twitter user's customer support log? Basically, there was an issue with a particular project. And I think that CZ went ahead and published, or Binance went ahead and published the customer service log, which I thought was really strange. And now you have the large movement of funds that you just talked about. So for me, I'm getting a little bit uneasy about the whole situation. And I'm just going to say I'm glad I don't have any funds on Binance. They were banned from my jurisdiction a while ago, and I'm not in favor of that kind of overreach. But where there's smoke, there's fire. That's all I can say without FUD-ing the situation unnecessarily. Yeah, that's a good observation. His approach to Twitter and his emotional sort of the way in which he presents himself on Twitter has become a bit more combative recently. It's gone from ignore the mainstream media. He also recently unfollowed Cointelegraph, which I don't know what to make of that. Maybe there's something going on behind the scenes there as well. But he seems to be going more and more on a limb to make the point that everything's okay. But when someone keeps telling you, I'm fine, I'm fine, I'm fine, at some point you say, hang on a minute, are you lying to me? What's going on here? Well, back to the FTT, when they unloaded the FTT token, it's like, bro, you're coming on Twitter to announce that? I mean, this is a business decision. Like, why do you have to come on Twitter to announce it?  Okay, but why come on Twitter just to announce it? Like, doesn't make any sense to me or makes little sense to me. And that kind of got the ball rolling on the whole FTX debacle, right? That kind of exposed what it was at that point. Yeah, it was the first domino to fall. And maybe it was that display of strength that he's still tapping into to show, like, you know, we're all okay. FUD means nothing to us. Binance is still solvent and still going. There's lots of theories you can pull out here. But yeah, I think you're right. The key thing is that the behavior has changed. And a lot of things aren't really stacking up the way they used to in the industry. Marcel, anything you'd like to add on this? Do you subscribe to this idea that, okay, maybe things aren't quite right at Binance? You seem to be more positive. I'm positive for the short term. I think there's too much FUD lying around. But if you think it through, we have regulators which are going to definitely going to block stable coins and exchanges for North American clients and maybe Europe for European clients. So I think that 2023 it's not going to be good as we could expect because of regulation. Okay. Okay. I mean, I'm just seeing in the chat that Petro Jackson, sorry if I haven't said that correctly, is saying great conversation, expose these devils. We are just trying to shed light on the issues affecting the crypto market at the moment. I don't know about exposing any devils just yet. Although maybe SPF it's fair to say he was the devil. These are of course opinions that I'm sharing too. Don't forget to click the like and subscribe button and please send us your comments and questions because you might win a $50 gift voucher to the Cointelegraph swag store. Righty-ho. Moving on to the next segment of today's show, it's going to be a quick crypto tip where I'm going to explain to you something super useful affecting your trading strategy nowadays. For this week, it's a golden cross pattern and how it works. So I'd like to bring that up and discuss it today. Here we go. Quick crypto tip. Now a golden cross is one of the most popular bullish signals for cryptocurrency traders, but it doesn't mean you should immediately enter the market as none of these trading signals mean by the way. If you're into trading, just take it easy, take it slow. Now traditionally, golden cross watches focus on two specific moving averages. The fifth day, which is the short term MA, which is of course a longer term moving average. A golden cross not to be confused with the golden arches of McDonald's forms when the short term MA crosses above the long term MA. In other words, the pattern shows that buying interest in a particular market has risen over the past 50 days compared to the previous 200 days. Golden crosses typically precede significant price rallies. So we're talking about pumps across traditional and crypto markets. And sometimes it's the reason why traders perceive them as a strong buy signal. So if you see these golden crosses, it could mean that the market is about to rally or pump.  So take it easy and consider that these golden cross patterns are just another tool in your toolkit when it comes to trading. And you should always consult lots of different things before making a decision. So ultimately, traders should be cautious with crossover signals as blindly following them or influencers or anyone in the crypto market could result in losses. If you want to learn more about golden crosses, please follow the link to the article in the description of today's video. And while you're scrolling down there, click like, click subscribe, and maybe even click on the notifications bell. Wonderful. And let's move on to the next segment. Thank you very much for considering the golden cross today. This week we're able to in-house crypto derivatives specialist Marcel. Marcel, what have you got in store for us this week? What's the crazy insight? Okay, Joe, if there's a single metric one should follow to understand if traders are skeptical of price pumps, I would definitely recommend the futures premium, also known as the basis rate. I'm not saying that derivatives metrics can be used to predict price outcomes, but whenever Bitcoin rallies during bear markets, there's a natural tendency of skepticism.  Well, if you have to wait until the contract is settled by the end of the month or end of the quarter, it is natural that the seller is going to request more money to compensate for the time and for the risk. Plus, the seller and the buyer, they both need to deposit some collateral. So there's money that's tied up, locked up in there. So they demand more money. And naturally, the contract price creates above the spot price. So that's how the fixed month contracts works. It doesn't matter if it's crypto or traditional finance. They usually trade at a premium, usually between 4% to 6% to 8% to compensate for the risk and for the money that's locked up in there. So, Danilo, can you share my screen, please? We're going to look at the Bitcoin futures premium data on major derivatives exchanges. I think it's OKX in there a bit using Levitas. So you can check that the indicator before of the FTX crash, the indicator peaked at 3% early on November. And then it went down negative, which has been since November 9. You can see here we're sub 0%, we're down negative 5%. Now we're negative 1% or negative 0.5%. But it means that there's no demand for leverage buying using futures. It's known as backwardation when the futures premium is negative, and it indicates extreme fear. It could be fear that the Bitcoin price is going to crash, or it could be fear that the exchanges are going to crash. They're not solvent. So over a month has gone by since FTX collapsed, and yet the futures premium Bitcoin has been unable to break above 0%. More important, today's pump, more than 5% on Bitcoin price, was not enough to move those traders from the extreme fear to a neutral to positive mood. So what is the data the futures premium data telling us? Well, pro traders, professional traders are not exactly excited about today's pump, but there's a problem here. We don't know if the root cause is the lack of appetite from market makers and investors, or if it's the reduced trust on exchange. Nobody wants to buy using leverage because they think that the exchange might go bankrupt. My guess, 50-50. There's been an enormous exodus of Bitcoin withdrawals from exchanges. But the investor, the appetite for crypto is just not there. Even if there was no exchange risk, there's no demand for leverage buying. So I expect the high correlation with S&P 500, so the traditional stock market, to remain high until this change, until confidence is restored in the system and there's higher demand for leverage buying. But it's not going to happen over the next couple of months. Awesome stuff. Thank you so much, Marcel. Sometimes it makes me wonder who comes up with these terminologies, you know, backwardations. It definitely seems like the crypto and trading world are creating all sorts of interesting things with the English language. I've just seen, I was scrolling around on Twitter there while you're doing the explanation, and I've seen that the largest 24-hour flow of Bitcoin ever just occurred from Binance, where those 40,000, or to be specific, 39,637 Bitcoin has just left Binance exchange, which is kind of crazy when you think about it. But clearly it means that people are taking custody of their coins. Definitely a good thing. Before we move on to the next segment, which is regarding Markets Pro, I know that Marcel, you have to dash. Would you like to give us your closing statements now so we don't have to rush it later? Any advice or words of wisdom for those, yeah? Sure. So thanks, Joe. So my advice would be if the risk is not out there for you, if you don't think it's worth to run the risk of cracking or CME or Binance or wherever, take your coins out of the exchange, put it in your cold wallets. If you think that the CPI is going to be too volatile, don't trade it. Send the coins to your cold wallet. It doesn't need to be an app on the phone. It doesn't need to be an expensive hard wallet. Just don't download apps that you don't know where they're coming from and you're safe there. So you don't need to be long or short on the market. You don't need to bet every week. You don't need to decide what the Fed is going to do or how the CPI is going to do. You can take a rest. You can take a break. You can sit outside. You can enjoy the sun. You can visit your friends and family. It's much better if you, when in doubt, don't trade. That's my advice. Awesome. And I think it's really interesting seeing hardware wallets realize that there's a real need to give cheaper options and, you know, more reliable options to people around the world. I don't know if you've seen that Blockstream have just released a hardware wallet which costs only $50, which, you know, when a ledger, Tresor and cold cards are all over $100 per person, that kind of prices out, you know, two billion people around the world. So it's cool to see that people are realizing we all need to have access to cold storage or at least we, people that have access to it, whether it's community solutions or whatever. So it's cool to see. Thank you so much Marcel. Don't worry if you drop out in the next sort of segment. We're talking about some coin market pro trading tips. So yeah, let's fire up the next segment. Thank you so much Marcel and we'll catch you next week. Wonderful intro segment. So at Markets Pro, we're a data intelligence platform, which is designed to enhance investors decision making. That's you guys with industry grade analytics. And this week, the code is FET. So if you're fed up with making bad trades, maybe you should consider subscribing to Cointelegraph Markets Pro. As this week, we called out someone with a newsquake. The token in question, as you probably can guess right now, is FET FET token. And as the price of this gainer climbed to new highs, the newsquake alerted Markets Pro subscribers that Binance.us was offering staking awards of over 7%. So this news propelled the token's price up even higher, as you can see on the graph as it hockey-sticked up, and soon jumped to 0.1 dollar or 10 cents. It's a weekly peak of 13 cents, which is an increase of 30%. So you could have longed that and got yourself a nice little profit, or you could have sat it out and taken Marcel's advice because if in doubt, don't trade. But that's what Cointelegraph Markets Pro is there to do. It's there to support you on your trading journey. The other token that featured in Cointelegraph Markets Pro this week was Aleph. So I don't know about you, but I love Bitcoin. But some of you guys might Aleph cryptocurrencies and trading them. And this week, the frequent top performer Aleph once again saw a strong vortex score. As you may already know, vortex is our way of grading things at Cointelegraph Markets Pro. And on December the 4th, a rare high score of 95 lit up when the asset was trading at 0.072 cents. That means that there could be some volatile action on the horizon with this vortex score. And green is good, which means the price is probably going to go up. A few days later, it was correct. The price had jumped to 0.077 cents, which is a 7% increase.  So yeah, as I say, Markets Pro is there to help you with these useful trading tools such as vortex scores or with newsquakes. So make sure you subscribe. And if you are interested in subscribing, then take advantage of the 20% off description in the link below. On your way down there, click the like and subscribe button and ping us your questions in the chat. For example, today we've had some really interesting things about buyouts, about people in FTX and about whether or not we have devils in the industry. I've got Sam here with me now to bring this show to a close. Sam, it's been a wild, wild week. Honestly, just looking back on it, I've been like, wow, so much has happened. What can we expect in the coming week? You mentioned tomorrow at the Fed Pivot. Is that the big news to watch out for in the next seven days? Oh, I think you might be on mute. There you go. I'm back. Good. I said a lot of cuss words there, so I'm glad I was on mute.  It's the Fed Day, Fed Party. So congrats everyone on the Fed Party tomorrow. Last one of the year, they're likely to raise rates by a quarter point or by a half point, I should say. And they'll be releasing their quarterly summary of economic projections. That's all tomorrow, given the increased correlation between Bitcoin and equities over the past year, that obviously has major implications on all risk assets. So that's something that we're all going to be monitoring, whether we like it or not. That's going to have major implications. And moving forward, I'm just looking forward to seeing how the market plays out. What's the other shake out? I mean, it has ever been this bad, which leads me to believe that perhaps we're approaching the bottom for the cycle, although it might need one more flush to get there. But had the FTX fiasco not happened, I think it would have already bottomed by now, in my opinion, but that threw a big wrench into the whole system. So for me, I'm not so concerned because my strategy is to accumulate as much Bitcoin as I can. That's my strategy. It's not coin telegraph strategy per se. It might not be your strategy, but for me, I want to accumulate as much as possible. So for me, that's all I'm doing and what I'm focusing on with respect to digital assets in general. Very good. No, that is also my strategy, as you might have guessed. Accumulate as much as I can while the prices are low and ride it when the prices are a bit higher. But again, yes, as you rightly pointed out, this is not coin telegraph strategy, and this is just us having a nice chat and discussing what we think matters in the markets. It's not financial advice. It must be a very busy week for you then, Sam. What would the Fed party tomorrow? Did you get an invite this year? No, I think I'm on the ban list. I'm pretty much banned from attending any of the Fed parties. And you know what? That's fine by me. I don't want to attend. Okay, much better parties to be had this Christmas. Okay, fantastic. Well, to everyone watching, thank you so much for tuning in today. Our winner of the $50 swag token is Petro Jackson. Also the same name as the director at Coin Telegraph. So you're in luck there, Mr. Petro Jackson. Please, could you reach out to the Coin Telegraph team on social media, DM us on Twitter or drop us an email, and we will kit you out with some $50 of swag ready for your Christmas parties, perhaps even a Fed party if you're quick enough. That's it from us, guys. Thanks again for tuning in. We'll continue to be here week on week out to discuss all the important news in the Bitcoin and crypto markets. As ever, stay humble, stack sats, and yeah, see you next week. Thank you very much, Sam. Thank you.


Principle and Principle from espressoenglish.net Principle, ending in P-L-E, is a noun, meaning a fundamental idea, belief, philosophy, or rule. For example, my daughter is learning the basic principles of physics in her science class. Power in the hands of the people is one of the key principles of democracy. He would never steal from the company. He is a man of high principles. High principles means good and strong moral beliefs. The word principle, ending in P-A-L, can be an adjective, meaning main or most important. For example, the lake is the principle water source for the city. It's the main water source. The city gets most of its water from the lake. Principle, ending in P-A-L, can also be a noun, referring to a person, who is the director of an elementary, middle, or high school. For example, students who misbehave are sent to the principal's office. Principle, as a noun, has another meaning in finance. It means the original amount of a debt, not counting the interest, the extra money that accumulates over time as the debt is not paid. For example, at a 10% interest rate, a principle of $1,000 will accumulate $100 of interest. This was a free sample lesson from the new e-book, 600-plus Confusing English Words Explained, available at espressoenglish.net. In this book, you'll learn words that both English learners and native English speakers confuse.


Tommy here from Lawrence systems and let's talk about money more specifically how we process money and how the Inflow of money comes in and how that hits different applications and then turns into data So we understand whether or not we lost money or made money any particular month or given any particular period Now this is something that came up when me and Brett the other day did a video Which I'll leave link down below talking about profit loss and you know whether you're shuffling money You're making money, but of course without the tools to really dive into and dissect all those transactions You don't really know that answer and me being an open source advocate people that are some open source tools You're using for that and yes, I am now. This is not saying these are absolutely the tools for you Maybe the process though will help inspire what tools fit better into your business Businesses well diverse and not everything is for everybody. I found a flow that works for me. This is what we're doing now It's not what we've always done and there's gonna be a time in the future when we're doing something different as well But this at least as long as you have a guideline of what you're doing in the process You could always swap out different applications that may fit So sometimes I like to think about it from a concept and maybe this concept will help some of you that are starting out Think about how you're gonna process money and how you're gonna take those transactions So you can work with and I do highly recommend an outside accounting firm working with an outside accounting firm and Having them understand your process so they can integrate within it I will do a short disclaimer here and that disclaimer is really simple Please follow whatever regulatory laws are in the region and areas you're in This is not any type of legal advice and I can guarantee one thing though. No good defense I've ever seen started with but this guy on YouTube was saying so yeah Go ahead and talk to someone about legal advice as far as how you process your accounting It's why we use an outside accounting firm and I'll cover that little aspect of what we do internally versus what they do in This topic as well and when I say process and flow, I do mean a flow chart That's how we're gonna explain this now. This is diagrams net leave a link down below to this tool Everyone always ask what tool you're using It's the one down in the links and we call this the money ingress process first Let's cover something. What do I do and how do I make money? That's an important aspect for any business and hopefully you are past the part of understanding what you do to make money Because this is about processing it But what we do here is we bring in money via managed service provisioning contracts that we have So those are recurring revenue contracts where we are paid to maintain Computers and technology for other companies outside AT services. That is processed through invoice ginger We do a lot of project work. Someone says hey, I'd like you to do this wiring project Or we'd like you to upgrade these servers That's also work we do where we quote it and bid it and we use invoice ginger for that I've got plenty of videos a link down below on invoice ginger It's all based on v4 invoice ginger v5 is out. We have not migrated to it yet That's coming soon as they only came out a little bit earlier this year But you can still keep using v4 but if you're starting out today invoice ginger v5 is available and yeah, like I said I got links down below to the invoice ginger videos. I've done still a great product. I'm gonna get to v5 soon Consulting bookings. That's another way we make money This is the booking links as we call them where people just want someone off consulting with us There's a hires button on our website. That's where it takes you to is that beginning of that process where we send out a booking link Pretty simple. That's one of the income methods. We're specifically right now in December of 2021 using you can book me That's what accounts to that now both of these tools Consulting bookings and invoice ginger Invoice ginger connects to multiple but among the things it's connected to is Stripe So we use Stripe for our back-end payments also for contract as I said MSP or IT contracts that are I'm recurring if people want to pay us with not just credit card, but a CH That's another option. That's also tied into Stripe. So that goes invoice. They choose the payment method They can choose Stripe secondary payment method They could choose is PayPal invoice ninja allows you to have more than one payment processor available in it So that's a really cool feature of it the consulting bookings have a tie-in with Stripe So same thing both of these Inflowers of money that come in both hit Stripe then we have YouTube ad sense Hey, I'm a youtuber who does monetize this channel. So that is money that comes in there affiliate commissions There's affiliate links down below to get you deals and discounts and products we talked about on this channel I've you know said that plenty times. That's where that money ends up going eventually a lot of those affiliate payments Not all of them But a lot of them will tie to bank accounts the other side over here is affiliate payments do come into my PayPal account This some companies prefer to pay one way some pay the other make it easy for them whichever works for them any other income any other random Reasons I get money for one-off things. I do that all just lands into bank account and it's anything I do as long as technologies Which includes all kinds of weird one-off consulting jobs. I've done where people just want to Buy time for me that happens as well Most of time will send them an invoice your invoice ninja But occasionally some companies have different structures where they just want to write a check to buy my services and not like in a normal hourly rate But that's really any other income that just calls. That's why it's called that that's other ways make money And then other people just camp time.  Yes, we can I've had people that literally just want to say thank you with some money Thank you for all the people that have said thank you with money because hey, that's great And that comes right to PayPal as well We actually got a button on our website under our affiliate links for people that said can I just send you money? It's odd that enough people ask for that. That's why that's there I don't beg for money, but people that just want to say thank you. It's a great way to say. Thank you I'm just I'm throw it out here. I didn't mind that. All right Transfers between these accounts do occur back and forth That's definitely happening and then downloading of monthly data That is once a month every 30 days at the end of a bank cycle I download that months account and this is how we start processing that data now It's just a simple QIF download most any bank account no matter what bank you use We've switched banks a couple times. They pretty much all have a QIF download PayPal supports it as well But other ones will support CSV so I threw that on there But right now our banks that we've used and PayPal have both have CSV there was actually a bug for a little while in the PayPal's QIF download and I hand it downloaded to CSV They seem to have fixed that that happened about a year ago But either way both of those land in a tool called K my money now, I've got an old video I did on this it really hasn't changed much just as a cross platform application K my money org I think is the website. I'll leave the absolute link down below to the website if you're looking at product We say Crest platform Windows Mac Linux and pretty easy program It's not nearly as robust as something like QuickBooks. It does not do any invoicing for us This is simply ledger transaction So we're trying to sort out all the ledger transactions that have come in All the outgoing money and all the incoming money because while all this is income There are still money that goes out and we track in ledgers in terms of percentage all in K my money To understand that most of the payments to go out. It's not like there's so many We buy parts off Amazon and a few other vendors So this is where that categories and really comes in so we're not tracking it like a normal Accounts payable. We just pay the bills as they come in wire the money because yes Some companies prefer wire transfer and yes, it's still using checks here in 2021 It's just how some companies like to receive money. I just I can't really I don't know We're not gonna go there. It always seems to surprise all my friends in Europe going really you write checks a lot Sure, do it's a popular thing here in the United States but all of that data is still coming out of the bank account and it's how we build the ledger for Understanding all the outgoing money that left here So while all these mention income for flow of data any of the money that flowed out also of course came out of the bank and From doing that we have this QIF file that we go in here Now we have to take all the transactions and the good news is about K my money once you learn how to use it You can tune it so the transactions line up because it knows that every time I've bought something on Amazon or anytime I purchased from a consistently the same place or like let's say my insurance payments, which actually do go out via Normal a CH it knows that as a category it has a ledger category that gets assigned to that So that's all fine with K my money So the majority of the transactions actually what they refer to is auto match and the auto matching of all of this works Really well, so I don't spend too much time downloading and parsing all the data My full audit of it roughly takes me an hour and a half a month to audit all of it I look at the bank account in between but as far as the transaction line by line audit, that's all done right here So once I have that it's lined up then to the profit and loss statement So that pretty easy to produce once you know all the transactions and then I create a Spreadsheet that's a categorized transaction list and all it is is the profit and loss statement, but instead of Being summarized into a series of ledger categories It's simply broke out into just every single transaction and what ledger I assume they belong to if there's questions about those Transactions, this is where it gets sent over to an outside accounting firm. We've been using them for a very long time They do very well on corporate accounting We send them all the data plus our bank statement and then they do a secondary audit This is something I'm paying for on a recurring basis where they go through each month and process all those transactions They look at what I have on my categorized transactions They make sure all those same transactions show up on each one of the statements that everything is correct That there was no questionable things that I didn't try to expend something that didn't make any sense to put it in that particular category They then I call it blessing of the books or however you want to refer to it They look at all of it and summarize it and say yes, this is fine and then they have to do a couple more steps This is a part I always recommend using a third party who understands the complexities of whatever jurisdiction you're in and in the u.s There's a series of federal and state tax laws that you have to comply with so they update the Files for the government send out all the tax payments to the appropriate authorities that need them because they also are processing my payroll So they'll send out the appropriate payroll taxes and everything related to those because that's how we do it here in the u.s And then they file all of the government forms at the federal level as well Whatever's needed sales tax etc all those little detailed forms and then they inform me how much I have to pay each month in taxes Which it is what it is. They also update my balance sheet now I'm not gonna get into that because it goes off topic and it's probably not something I'm the best to explain the balance sheet essentially looks at the assets of the company and determines what's on its balance sheet What assets it's owed or what money you may oh if you have loans or anything like that or your shareholder equity position But they maintain all of that they keep very good records of it So anytime I need to have a conversation my accountant has been watching all the inflows of money And outflows of money and anything I owe and we can have any intelligent discussion That's one of the reasons that again is important This is done monthly Because they want to keep in a line with the accountant because you got to talk about strategies because if you show a series Of too many profits you can say all right Should we rebalance what you're spending in certain areas or maybe it's time to give out More payroll more raises Because you have to balance what you'll end up owing in taxes on things. It's kind of a nuanced dance of back and forth There's not like an exact formula that works for everyone But it's something you're always trying to look ahead and discuss because you're not actually taxed on the total amount Your business does you're taxed on what's left over in profit and it's not bad to have profit But it's a matter of balancing it should I have too much profit here or should I then also give everybody a raise But if I give anybody a raise and I don't continue that trend of making more money You'll end up being at a deficit. So it's a kind of a constant balance. It's constantly being evaluated As it should be at any company and when companies lose track of this or Misjudge where the balance is going. This is what causes companies to go out of business and then from here the uh, Outside accounting firm they actually have all the payroll information. So they produce all the payroll checks and I say checks that can be wired into their bank account, but it's the payroll processing They take it out of the account send it to the staff. They take out the tax checks This is all the egress of money and then text debit paypal payments a ch wire a ch payments American Express cards and different Funds that we have externally just how the money egress is pretty simple But it's still part of all the transactions that would then be downloaded and keeps the kind of cycle going Now depending on where you are if you're starting out of business This may seem a little bit complex But it's not that complicated If you're a much larger company than me then you're going that's not enough because there's an entire team of people At larger companies not used to working corporate and we had so many people in accountings There's so many moving parts to process But whether or not you decide to use any of the tools I mentioned like invoice dentia invoice engine came by money or use stripe as your back end or any one of the other competing companies out there that offers You know processing services really comes down to you some people just choose to keep it all with their bank Stripe to me was just an easier integration same thing with invoice ninja We kind of had this homebrewed system that was well looking back for your terrible and not the best But using invoice ninja has been great because it's really easy to use It's easy for my clients to see everything like I said videos down below That's what we're using for now Like I said, there could be some time in the future where I see myself using something different But for now these are the tools that we use and hopefully the process makes you think a little bit about How the money should be flowing in and out of your company Like I said, it's all different stages. It really starts with process That way you can help evaluate what software you think works for you And once you have the process changing out the software in that process is a list of a big deal That way you're always thinking about the transactions And please take my advice on finding a good outside accounting firm because not filing any of those government Things that I don't even know all the names of I just know how much I spend on it And keeping up with the nuances of payroll changes. Don't get behind on that I've got friends who've gotten in tax trouble tried to save money and how many people work in tech Watching this channel also knew someone who tried to save money and not hire a proper technician to do something in a Pen disaster. I really feel accounting is the same way. It's another complex topic and Working internally though, so you have an understanding of it and your outside accounting firm handstand of it Will bring you I think to a happier middle. All right, leave your comments and thoughts down below Or have a more in depth discussion over in the forums. Thanks And thank you for making it all the way to the end of this video If you've enjoyed the content, please give us a thumbs up If you would like to see more content from this channel hit the subscribe button and the bell icon If you'd like to hire a short project head over to laurance systems.com and click the hires button right at the top To help this channel out in other ways There's a join button here for youtube and a patreon page where your support is greatly appreciated For deals discounts and offers check out our affiliate links in the description of all of our videos Including a link to our shirt store where we have a wide variety of shirts that we sell and designs come out well randomly So check back frequently and finally our forums forums dot laurance systems.com is where you can have a more in-depth Discussion about this video and other tech topics covered on this channel. Thanks again for watching and look forward to hearing from you


So when I originally decided to study art, specifically jewelry and metals, that came from a real interest in industrial design and thinking about the way that people interact with objects and physical space. And that skill set was really useful for me as I went on to design applications for mixed reality because there you have this virtual world that you're interacting with through physical space or sometimes through a tablet. And so that thinking about the way that people interact and touch metal objects and jewelry was really useful in thinking about how somebody might interact with a tablet or touch a controller. And also kind of the way that you think through jewelry and designing it and the step-by-step process of creating something physically that you envision in your mind is really useful in planning through what you need to do today in order to get to what you want to finally get to in the next week or month or year.


Hi everyone, this is Jason here from the Nathaniel School of Music and in this lesson We are going to explore the blues on the piano We are going to look at this iconic genre which has also influenced a ton of other genres So if you're a piano player starting off or if you're a piano player who's played a bit or Explored a lot of other genres you need to be able to play the blues the blues is a very essential genre It's something which has inspired everything we have in the in the field of contemporary music We are going to do this lesson in a few parts first of all I'm going to share with you the chord progression the general phrase structure. It's a it's a very unique 12 bar form So we need to learn that thoroughly Then we are going to look at how to build the chords on the piano using inversions and using proper voice leading Then I'm going to show you what the left hand is going to do with respect to this genre I'm going to give you a go-to left-hand rhythm Which you'll find applicable to a lot of blues songs then I'm going to show you obviously the right hand We can't leave out the right hand the right hand is going to do an iconic rhythm called the Charleston rhythm Which I'm going to teach you in detail and then we are going to put them together We are going to get things done with our voice with singing Which is very very important if you're playing any music to be a better piano player because if you can accompany yourself You can accompany pretty much anyone right and last but not least You're going to learn a little bit of what I was doing in that intro video where we are going to improvise and create a Piano solo in our right hand while the left hand does its thing and to do that again We are going to learn two iconic blues scales which have really made the genre shine for all the decades of the blues Existence so without any delay. We are going to get started right away It'll be great if you can get a notebook You'll need to write down a few things and you're going to play along with me as I play and teach you stuff I want you also to form it so get your books get your pianos and we're going to get started now So for playing the blues, we have a 12 bar blues progression Okay, which is also used in rock and roll and a few other genres So I'm going to take it in the key of C major. You can do it on any scale So let's build the chords on the C major scale Okay, so you have the one chord, which is C major C E G Okay, then you have the four chord, which is F major F A C Then you have the fifth chord, which is G major G B D So these are the three chords you're going to use for this exercise and pretty much for playing blues the form of blues Which is basically the one the four and the five chords built over this 12 bar progression. Okay, so it's going to be one Four and five you also might want to get used to the shapes of each of these chords So the one C major can either be played this way This way or this way. These are the inversions in other words It's a three-note chord So you can jumble the notes as per your convenience or the sound you want or also as you're playing the chords together Because the chords need to lead well what we call as voice leading and also in simple words be easier to play So for example, if I'm on C major here, I would want to go to this version of F major C F A because it's easier to shift, isn't it as opposed to doing C major and then jump all the way up to F major So C E G C F A come back to C major C E G B D G which is the G major chord or else I could start on the other inversion of C major Which is E G C also called as the first inversion. So you do E G C F A C E G C D G B G major Okay, or you could start with G C E then A C F G C E G B D Right, I'm singing you the note so that you can also form it that way if things go wrong Okay, so write down your inversions Connect your chords very well and you want to use inversions because there's a lot going on with this genre So you need to get all your foundational things under the belt before you get started, right? So that was about the chords now. Let's bring it into the chord progression So the chord progression is a 12 bar chord progression. You have Roman one as we call it Roman one means the first chord of the major scale So we are using the one the four and the five chords one is major four is major five is major So all the major chords are used for blues. Okay, so Roman one and The way I'm going to be playing this or demonstrating it is to actually play it over the pulse One two three four. So if this is the speed of my music One two three four, so I'll be playing if I have to play C major for one bar. It'll be like this one two three four One two second bar Third bar like this. Okay, so one bar of any chord is going to be played as four counts in the right hand And you hold the root note of the chord in the left hand Okay, so let's do this over the entire 12 bar cycle which is one one one one That's the first line you see there So one one one one means you just play C major but in some blue songs they go to the four after the one So you get one four one one. Okay, so that's an alternative option. So let's get cracking with the chords C major first bar C major second bar C major third bar C major fourth bar Okay, that's line one and it's just one chord if you'd like at the second bar You could go to the F major chord, which is C major F major and back to C major Stay on that adds a lot more sonic flavor Okay, let's get that going again. Let's do only C major first C major Second bar C major third bar C major Fourth bar and then the next line comes which I'm going to share with you shortly And also note I am playing the root of the chord in the left hand or the name of the chord Okay, so now moving to the second line the second line contains the F major chord Which is this one And then come back here. Okay, so the second line if you see there has four four one one So I am starting my one like this EGC I'd recommend that you all do this. It's quite easy EG also trains you to get your inversions going because we normally play C major like this. So Start like this. So C major for that entire First line, which is four bars. Then the next line is F major for two bars, which will go F major F major And back to C major Okay, C major twice. Let's do the second line again. F major F major and back to C major Okay, and then moving to line number three. Okay, there we finally have the five chord or the G major chord G major I'm playing it as D G B. You can play it however you want, but I would prefer this D G B only one bar of the G major then F major only one bar of the F major and then back to C major, okay G major F major C major Right, so G major Let's do it again. One two three four One two three four One two three four One two three four and there you have it. That's the 12 bar form So line one line two line three each line has four bars each. Let's play it all together I'm gonna count it and then we'll try and get to some singing and understand the phrase structure of the blues. Okay Starting one One again one One and then the four comes Four again and back to one One again and the last line five Four And one either you do one twice or you can do one with the five you can do one five at the end So that'll be Oh and back to Five Which takes you nicely back to the next 12 bar Cycle which lands on the one so these are the alternate options at line one Second bar you can play the F chord instead of the C chord or the one chord and the last very last bar You can do the G chord or the five chord So this is about the blues progression and the way the blues is structured is it structured in phrases, okay? So we call the phrases traditionally as a a prime and be very poetic in nature if you think about it So a represents a sentence performed by the songwriter, which is something right for example Well, I'm tore down Almost level with the ground Okay, that's one line in the song I'm tore down and then a prime Would essentially be the same melody and the same lyric With a slight difference in the in the harmony obviously the chords are changing and maybe the melody will change a little bit, right? So well, I'm tore down almost level with the ground that could be a and a prime Well, I'm tore down almost level with the ground You just do a little bit of variation but the lyric will pretty much be the same and then finally you have the B at the end which goes something like well I feel like this where my baby can be found So something very different and different lyrics and different melodies. So that's why we say a a prime B So if I do a a prime B with the chord progression, it works really great And I would encourage you to sing as you play It's a great way to enjoy the blues. Don't just play the piano. You need to sing. So let's do this song I'm tore down almost level with the ground. I'm tore down almost level with the ground Well, I feel like this when my baby can't be found now This is a genre which I quite like personally because even I can remember the lyrics and I'm really bad with lyrics, right? So let's get cracking with this with me singing and let's do the same hand ratio one is to four See major. I'm holding like this. Come on one two three. Well, I'm tore down Almost level with the ground still on the one Oh, well, I'm tore down chord for almost level with the ground back to one twice Well, I feel like this five Well, my baby four can be found ending on one Okay, let's do this once more without me doing the talking and the explanation just the singing a one a two a One two three. Oh, well, I'm tore down Almost level with the ground Well, I'm tore down I'm almost level with the ground Well, I feel like this. Oh, well, my baby can be found One more time, please. Oh, well, I'm tore down. Let's take it slow Almost level with the ground Yeah, oh Well, I'm tore down I'm almost level with the ground Yeah Turn around Well, my baby can be found you can even do like a stop there Well, I feel like this stop at the four Oh, well, my baby can be found where you highlight the vocalist of your band or the liquids The soloist is playing in my case I may not want to highlight much because I'm not the greatest singer anyway So that's about playing the blues the chord progression the phrase structure and also you need to sing a blues classic Like I'm tore down or sweet home Chicago or backwater blues These are all blues classics which you have to go through at some point in your career as an artist Might as well do it now with me in this video, right everyone So in the next part, we are going to look at what the left hand can do to make it sound Absolutely bluesy and what the right hand can do to make it sound extremely bluesy With two very very tried and tested go to iconic rhythm patterns or even chord patterns The chords and the rhythm are going to sound like never before So head over to part two and I will see you in the next video. Cheers


Just to the south of us along Big Sur you have very steep topography and if you look at the ocean floor bathymetry You can detect the kind of debris that has fallen off in large landslides it is thought that that potential is perhaps the The process by which we might have the largest local tsunami of concern is if there is a big landslide in Big Sur There are calculations to say that that could send in 5 to 10 meter waves into the harbor and into the the boardwalk area and that would be very significant


For more videos on people's struggles, please subscribe to our YouTube channel. Hello and welcome to Around the World in 8 Minutes, a show by People's Dispatch, where we bring you the struggles of people across the world against patriarchy, imperialism, capitalism, as well as their fight to build a better society. We begin with Argentina, where after decades of struggle, the people are celebrating a historic victory. On the morning of December 11th, the lower house of the country's parliament endorsed the bill that decriminalizes abortion. The chamber of deputies of the National Congress debated for over 20 hours before approving the voluntary termination of pregnancy bill. The bill will now be sent to the Senate for discussion and eventual approval. The historic news was celebrated across the country. Hundreds and thousands of people, especially women, feminists and members of the LGBTQ community, who have been on the streets for the past many years welcomed the decision with tears of joy. They also urged the senators to vote in favor of this integral right. Argentine women have been demanding abortion rights for decades. In 2015, feminists and women activists founded the national campaign for the right to legal, safe and free abortion. Since then, this campaign has been at the forefront of the women's struggle for the right to autonomy over their bodies and their lives. Even as the bill was being debated in the National Congress, a sea of women and activists in green kept a vigil outside the Congress throughout the night. The color green represents the feminist struggle for legal abortion. The progressive government of France in Itodos, led by President Alberto Fernandez, has also contributed to promoting the bill. The legislation allows a pregnant person to access any abortion in any private or public health institute until the 14th week of gestation. After 14 weeks, a pregnant person can only exercise their abortion rights if their life is in danger or if the pregnancy is a result of rape. The bill has also established that health professionals must respond to this request and execute the procedure within a maximum period of 10 days after the request. Abortion has been illegal in Argentina for decades, but in 1921 an exception was passed which allowed it to be performed until the 24th week of gestation in case of rape and when the life of a pregnant person is at risk. However, authorities estimate that every year over 500,000 abortions are performed in unsafe and clandestine conditions and nearly 40,000 women are hospitalized after performing unsafe abortions. According to official data, since the return of democracy in Argentina in 1983, more than 3000 women have died because of poorly performed abortions. The passage of this bill is even more significant for working class women. Women from upper classes often have the resources to access abortions by exploiting exceptions in the law, but this option is not available for those with the working class. After this momentous victory, the national campaign for legal, safe and free abortion wrote in a tweet, our struggle built networks of sorority, we are the green tide, we are millions and we are going to remain in the streets and everywhere else until abortion is legalized. In our next story, we look at the various demonstrations that were held across the world on International Human Rights Day. Every year, Human Rights Day is observed on December 10th, which is the day the United Nations adopted the Universal Declaration of Human Rights in 1948. From Latin America to East Asia, people took to the streets demanding basic human rights, the release of political prisoners and freedom of expression. Anti-imperialist movements in various parts of the world used this day to extend their solidarity to WikiLeaks founder Julian Assange, who is a political prisoner. The global coalition as part of the International Week of Anti-imperialist Struggle issued a call for action demanding an end to the inhuman conditions that Assange has been subjected to. On December 8th, Assange completed a decade of confinement in one form or the other. As of December 11th, he will complete 20 months of imprisonment in Belmarsh prison in the United Kingdom. The week of anti-imperialist struggle is urging activists to sign an open letter to the British government demanding that Assange be released immediately. The letters raised grave concerns for his health and safety considering the COVID-19 outbreak in the UK and also the prison. The letter can be signed on anti-imperialistweek.org. Meanwhile, in Chile, hundreds took to the streets to demand the release of all political prisoners in the country. There was a special emphasis on the demand to release protesters arrested during the demonstrations that began on October 19th for a new and inclusive constitution. Protesters also demanded the release of indigenous Mapuche political prisoners. In Paraguay, demonstrations took place as well. Social movements and political organizations mobilized to demand government policies that grant basic human rights to the people. These include decent housing, health and food. In Colombia, social movements mobilized against the escalation in violence in indigenous and rural territories. The assassination of social activists in Colombia is continuing at a horrifying rate. Since right-wing president Ivan Duké took office in 2018, more than 685 social activists and more than 160 former FRC combatants have been assassinated. Coming to Asia, in India, activists of the All-India Democratic Women's Association held demonstrations in various parts of the country. They were demanding affordable food for all, gender-based violence, employment and pensions for widows and disabled persons. Finally, in the Philippines, despite torrential rain, various human rights groups staged a rally against the administration of Rodrigo Duterte. Their demands included protection of human rights defenders, junking of the anti-terror law and the release of political prisoners. However, the same day, the government conducted raids at the homes of six trade unionists and the journalists and arrested them. These arrests have been strongly condemned by human rights groups who are continuing to organize demonstrations demanding their release. That's all we have time for today. We'll be back next week with more stories of struggle from across the world. Until then, keep watching People's Dispatch.


I'm afraid we're criminals and someone else. Go! It's a federal crime to attempt to change the weather without first informing the secretary of commerce. Got it! Hey dad! How was North Carolina? It was great. I brought you some peanuts. Get him.  What? It's a federal crime to leave the Carolinas with raw peanuts and shells. Got it! That was Rikers Island! Terrible, but I brought you some peanuts! From New York! It's a federal crime to leave New York with a used perlap bag. Got it! What is it with your necks?


There's just one way to handle the killers and the spoilers, and that's with the U.S. Marshal and the smell of gun smoke. Starring William Conrad, the story of the violence that moved west with Young America, and the story of a man who moved with it. I'm that man, Matt Dillon, the United States Marshal. The first man they look for and the last thing want to meet. It's a chance a job that makes a man watchful and a little lonely.  I sure would have liked to do that, Doc, but Cassie just carried on about it something terrible. She said she just couldn't stand another turn of them wagon wheels, so I come to get you. Where are you bound? We ain't decided on where to settle, Doc. Just heading west someplace where it'd be dry for Cassie. Oh, well, you're traveling for your wife's health, aren't you? Yeah, Doc. That's the reason for it. You see, Cassie's been ailing for a year or two back home, and finally we just figured to light out Yonder and see if it'd help her some. When does she start to sick? It must be a week now, Doc. First she tried to keep on going, but it just got to be so she couldn't stand it to ride the wagon no more. So we stopped. And what are the symptoms? How's that again? What seems to be wrong with your wife? Is she in pain? Can you keep her food down? Well, I ain't much up on what ails women, Doc, but she's coughing an awful lot for one thing. She's awful weak, can't hardly move around. I'll examine it. The wagons around the next bend, Doc, down by the stream. I was beginning to think it was in the next county. Down there, Doc. Turn down there. I'll head in right here, under the stream. That's good, Doc. You go on into the wagon now. I'll unhitch my horse from behind the bucket. All right, Riley. It's kind of a hot day to be under all that canvas. This is Riley. I'm Doc Adams.  This is Riley. This is Riley. I'm going to turn you over this way. What a man. Come here, quick. What's the matter, Doc? Easy now, Riley. What's the matter, Doc? What is it? He's dead? Can't you do nothing? No, I can't do anything. She's been murdered. Because it does get on me, so it's going great with it. I'm hurting all the way and I'm going to stomp off that move before he comes in. Where's Matt? Oh, Doc. Where have you been at? We were looking for you. I haven't time yet, sir. I've got to find Matt. Where is he? Well, hold your horses. He's right back there. You're looking for me? Oh, Matt, yes. You'll have to ride out east of town right away. Oh, that's the trouble. There's a woman named Tassie Riley. Well, that's terrible. How did you know about her, Doc? Her husband came to Dodge to get me. Wanted me to go out and treat her. They were on their way west in a wagon and she got sick. When I got out there, she was dead. You say she was murdered? That's right. She'd been beaten to death. Oh, where's the husband? I bought him in with me. He's up in my office. I better have a talk with him. No, I won't do much good. I gave him a bottle of whiskey and told him to drink himself to sleep. He was in terrible shape. Well, he still might be able to tell me something. Chester. Yes, sir? Get the horses ready. I'll meet you at the stable in a few minutes. Yes, sir. Come on, Doc. I left everything out there just the way it was, Matt. I didn't move or anything. That's good. You'll have to bury him, Matt. Yeah. That's one thing I've learned how to do. All right, down there in that grove. Just don't seem right. Everybody's riding off. Have you even heard of laying alone in that wagon down there, Miss Dylan? Riley's staying. Wouldn't have done her any good, Chester. Well, he told you about some trapper being around, didn't he? I don't know if he told me or not. He was muttering about a trapper that had made a camp with him all night. Well, you're sure going to look for him, ain't you? Yeah, and I'm going to look for him. You don't think somebody stole that poor woman clean away? That's hard to tell him. Yeah, that's our answer. What? Look over there. It's a platform like up on poles. Miss Dylan? Yeah. That looks like one of them pond e-graves built up that way, don't it? Yeah, it sure does. I might be fair. I ain't never heard of Indians stopping to bury a quiet. Have you, Miss Dylan?  All right, Chester, you hold it steady while I take a look, huh? I'm still behind you. Disturbing graves, ain't seeming. Them has passed on and got it right to rest. I mean, you asked Marshall, it's my job to find out who's up there. I can tell you that. I thought you were on rest, didn't I?  You called me Ben. Don't you have a last name? Not that I've never heard, mister. Are you a trapper? Oh, I trade some in pelts and skins. Uh-huh. Now tell me who's up there. A girl woman? Who put her there? I did, mister. Indian graves?  The Pawnee's reared me, mister. I learned their ways. And their bury instructs me to site masses and dig in the ground. Did you kill her? No, mister.  You bled it up like you could have done it. All right, mister Dylan? Doesn't look good for you, Ben. Well, I reckon maybe it don't. I'm gonna have to take you along with me till I find out about this. In the town? Mm-hmm. The Dodge City. You gonna lock me up until I find out who did this? Well, I had never been locked up, Chester. Get his gun. Yes, sir. All right, hand it over. You're slow-acting. How's that?  That's right, Mr. Dylan. He could have done just that. Yeah, he couldn't. All right, come on. I've got time, kitty. I'm looking for a man named Riley. Do you know this woman here? Well, I'll say I have. How does he cause trouble? No, ma'am. I've not trouble. I guess the poor man's got a right to take on. I'm losing his wife that way. But I can't help thinking he's overdoing it a little bit. What do you mean? Oh, it's just he's always up the bar drinking, carrying on about his wife. I guess I just expect a man to understand things better than that. Sometimes you expect a lot of us, kitty.  I guess I better go talk to him. I mean, he's down at the end of the bar. Thanks, kitty. Riley. My name's Riley. All right? Who are you? I'm Matt Dillon, the U.S. Marshal. I came to see you the day Doc Adams brought you into town. I don't remember that. No, it doesn't matter. I am. I'm sorry about your wife, Riley. You're too late, Marshal. Could it help if you tell me what you know? I know.  My poor wife that I was bringing west to get well. Well, she's sick. She's sick and all the way west, Marshal. I was bringing the doctor to her when we found her. Poor weekend thing. When you got there, she was dead. Beaton, Marshal. Beaton. That's a terrible thing for a man to see. Yeah. I just like to get me that trapper. What about the trapper? That trapper fellas, the one that done it. We shared fires two nights back, and he was luring at poor Tassie the whole time. Did you figure he followed you? Sure, Marshal. Couldn't have been nothing else. You didn't take out after the trapper. But no, Marshal. Tell the truth. I was just plum-sick and when the doc had to give me a powder, I sure would like to get my hands on him though, and that's a fact. You may get the chance. What do you mean? He's in jail. Come on. Tell you, Marshal, it's giving me the sickness again, just thinking to see in that trapper. You'll be all right, Riley. I was wondering if I had an order to stop by Doc's first. Let's stop in here first. For certain, sure he does, mister. He camped the same fire two nights running. He's a trapper. Made me mighty sorrowful coming on your wife that way. Didn't seem hardly like it could be, you see, in her living so strong just the night before. Riley says you did it, Ben. Why, he's a bad mistook. He said you were following him. Well, it was that, but a man shouldn't point no finger, mustn't he, certain sure he seemed sure.  Marshal, look. We were friends, Riley.  Marshal, it sickens me to look at him. I feel the need to get outside. All right. All right, Riley, you can go. But stay in town. I'll need you to talk to the judge. Sure, Marshal, sure. Mister? Yeah, Ben. A man shouldn't tell if he can't prove out. Well, he thinks he can. Maybe it's his grievance that makes him so bad, mistook. Yeah, maybe it is. Bittles, Ben. I'll be pleased to eat. No, I'll say this much for you. You sure ain't no problem to feed. I ain't one to fuss down over eating. Yeah, you sure ain't like the usual of the people I get in here. I'm all a belly ache, and I guess you'd think I was feeding them straight out of a hog pan. As long as you fetch me free food, I won't complain, man. Well, I don't charge for it. That's one thing. I tell you the truth, Sam. I don't find it too easy to figure you out. Well, what's wrong with you?  You ain't snarling, and mean all the while.   You ain't talking about Tassie. Well, sure. Well, you know that, Ben. Riley was bringing Doc out in Sierra when he found her killed. He said she's sick and so all the way where she couldn't hardly move no more. Who told that? White Riley told it, of course. He was the one to know. He was her husband, wasn't he? Her husband. Well, I gotta get on back. I'm mindful of that, but I figured you ought to know about that loose bar. What loose bar? That loose bar up to that window. Well, my gracious, I certainly shouldn't know about it. I remember I took a look at it. Climb up on that bunk there. It sure don't make no sense to have a loose bar in a jail, Wendell. Which one is it, Ben? Yeah. I certainly do hate to do with this gesture. Listen here, Ben. Let me go now, Ben. I just got to tie you up just right. Oh, there's about it. These belts will have to do. You can't go and do a thing like this, Ben. Oh, that ought to hold. I ain't happy about this, Chester. You tell the marshal I was done with, but I used to be and kept in and now I've got to move out of here.  He'll find you. He'll bring you back. Yeah, I reckon he'll have to try it, Chester, at being his job and all. Bet your dog on boots, he will. We all have to move in our own way, Chester. Now you just rest these in until he comes and lets you loose. Wonder what's keeping Matt? Well, I wouldn't worry about Matt missing a meteor, kiddie. He considers eating as much of a doo-doo as his job is. We'll be here. I guess you're right. Certainly I'm right. By the way, Matt and Chester eat. They'd need a chuck wagon all their own on a cattle drive. You against eating, Doc? Oh, no, no, no, certainly not. I don't specialize in it the way those two do. One not a fixed pie? It don't matter if it do, kiddie. No, I don't. Oh, here's Matt. Oh, Matt. Man, do you like to take it on a little nourishment, do you? It ain't, Doc. You know, as a matter of fact, I do.  Sure, Marshal. All right. That kiddie was worrying about you, man. I think I convinced her that you wouldn't miss a meteor. No. I've been talking with a judge. What do you mean about that trapper that you got locked up? It looks like he did the thing, doesn't it? Yeah, Doc, it does. I hope you have more than Riley's word for it. That man giving me the creeps, boy, he's been carrying on. He's taking it hard, all right. I'm glad I won't have to be seeing him anymore. What do you mean by that? Well, he was in the long branch this morning. He had a few even then. And he told Sammy he was taking his last drink and dodged. It was too hard for him to stay around so close to where his wife was killed. He was leaving? He told Sammy he was going to pick up his things at the dodge house and move on. Excuse me, kiddie. Doc, I'm going to try and catch him. Chester, we've got to get moving. Chester! I'm back here, Mr. Jones. Yeah. What in the... Would you... I'm tiny cleaning this stone. How in the world did you get in this mess? Well, it was that fellow band. Turn around. What happened? Well, he picked me in to climb up to look at that window. He said one of the bars had come loose.  Yes, sir. He sure did. He did tell me to tell you he was sorry to have to do it. Well, that helps. There you are. Thank you. Well, he was just as nice as candy. But he said he had to move on. That's too often. Riley moved on too. Let's go get our horses. Which one of them are we taking out after first, Mr. Jones? I'm hoping we'll find them together. I feel real bad about letting Ben get away, Mr. Jones. He'll be awful hard to track. Seems to use to this country, no? Don't worry about it. Better be got clean away. He's not trying to get clean away. What? Look there. Why, it's Ben. And he's got Riley. I figured they'd be together. Come on. Let him breathe. All right, Ben, let him go. Let him go. Now, what's this all about? Proved up, Marshal. Let him talk, Riley. It was him, Marshal. Killed his own woman. I know that as soon as I learned, he was spreading stories about how alien she was. But she weren't alien. Mr. She was a young, strong woman and done all this carrying and fetching. I know it was him when I learned that. And then it's come to me why he was doing it. So he could make like he was away fetching the duck. Well, how about it, Riley? There ain't no truth to it. If you'd give me leave, Mr., I could make him tell. I ain't one for hurting creatures, but it would come easy with him. Maybe that's a good idea. No, no, you keep him away, Marshal. Keep him away. You got something to say, Riley? All right, go ahead, Ben. All right, all right, I killed her. I killed her. She was making moon eyes at him, saying how nice and gentle he was. Now, a man don't have to take that from his woman. A man doesn't have to kill her, right? Just take him away. Okay. Yeah, Ben. I'm sorry for the fuss back at the jail. I couldn't come to meet her. I couldn't do nothing in them four walls. Yeah, Ben, I'm sorry about that. You was doing what you figured was the right thing. Man can't always know for certain. No, man can't always know for certain. Um...  McDonnell stars William Conrad as Matt Dillon, U.S. Marshal. The story was specially written for Gunsmoke by Marion Clark, with editorial supervision by John Meston. Featured in the cast were Barney Phillips and Mick Perron. Barley Baer is Chester, Howard McNeer is Doc, and Georgia Ellis is Giddy. This is George Walsh inviting you to join us again next week when CBS Radio presents another story on Gunsmoke. Latest news next, and Walter Cronkite, Dave Cameron Sports, and The Mitch Miller Show on the CBS Radio Network. I love the music on CBS. I think they cover the news the best. I love the drama on CBS.