LumberHawk's Podcast

Hey y’all! Welcome back! If you appreciate this content, please give it a LIKE and consider sharing it with someone else who might as well. It really helps! Thanks!Had a great chat with the founder and CEO of Sazmining, William Szamosszegi. Here is the raw audio version if that is your preference. The video version will be sent separately. He reached out to me as a Sazmining customer to get my feedback about the company and my experience to date. He was kind enough to allow me to record our conversation and put it out to all of you. If y’all remember, I had a really nice chat with Sazmining President and COO, Kent Halliburton (HERE) prior to becoming a Saz customer myself. This was a really great follow up for me after becoming more involved with the company, and having some more time to educate myself about Bitcoin Mining. We talked about so much in just the hour we had, like our orange pill stories, thoughts on emerging grid needs and energy in general, entrepreneurship, plus so much more. I hope y’all enjoy this as much as I did.Here is the link to the Start Engine page we spoke about. As mentioned, here are our respective Nostr pubs.Myself: npub1u6xq0vfk2d947mpm8na2t86ymus6prhemmgxyh3035yasmruugdqm4zuc8Saz: npub10vkwadgkfkg9vzpe04a6rhpzrd8rlw0r84qelag5hgtycrykgz3qvty3epIf you would like to learn more about purchasing green energy Asic miners with Sazmining…. Cheers!Thank you for reading LumberHawk’s Newsletter. This post is public and FREE so feel free to share it. It really helps!Disclaimer: I’m just a guy with thoughts on life around me, and I want to share that perspective with you. Some of this is meant to be educational, some of this is meant to be entertaining. This is not financial advice. I’m just a person with a mic & a keyboard telling you how I feel about whatever is on my mind. DYOR. Make your own decisions. If you have thoughts about the content, or you’d like to have a conversation with me about anything (we can do that as a podcast or not), then just hit me up here or on Twitter If you’re viewing this in a podcast notes, the imbedded links may be unavailable. Please go directly to my Substack (lumberhawknews.substack.com) for full accessibility to all links and content. Cheers!Check out my Twitter here @LumberhawkInterested in mining BTC but don’t want to have loud, hot and expensive miners in your home? I personally use and recommend Sazmining. Click here to get on the wait list for their green energy powered hosted mining operations.Get your free Strategy Session here to develop your personal road map to success.Free Ebook! - 3 STEPS TO CREATE AN INVISIBLE INVESTOR STRATEGYListen to The Lumberhawk Podcast the Fountain app here to earn Sats while you listenhttps://fountain.fm/refer/LumberHawk-1eda3c9dacPlay Blink-O and earn Sats in your Roth IRA here that will never be taxed!https://use.choiceapp.io/u7r53rxAre you getting value from my content? Want to donate a few Sats? Here is my lightning address. Thanks!!Thanks for reading LumberHawk’s Newsletter! Subscribe for free to receive new posts and support my work. Get full access to Lum₿erHawk’s Newsletter at lumberhawknews.substack.com/subscribe

Get full access to Lum₿erHawk’s Newsletter at lumberhawknews.substack.com/subscribe

Hey y’all! Welcome back!These are my thoughts as to how the current system promotes stagnation amongst those who live in poverty and struggle to get ahead, and why I think Bitcoin can change the world for these individuals more than anyone else. Bitcoin is a truly fair system for anyone that has an internet connection and having a system where everyone must play my the same rules will go a long way in allowing people to help themselves. Thank you for reading LumberHawk’s Newsletter. This post is public so feel free to share it. It really helps!Disclaimer: I’m just a guy with thoughts on life around me, and I want to share that perspective with you. Some of this is meant to be educational, some of this is meant to be entertaining. This is not financial advice. I’m just a person with a mic & a keyboard telling you how I feel about whatever is on my mind. DYOR. Make your own decisions. If you have thoughts about the content, or you’d like to have a conversation with me about anything (we can do that as a podcast or not), then just hit me up here or on Twitter If you’re viewing this in a podcast notes, the imbedded links may be unavailable. Please go directly to my Substack (lumberhawknews.substack.com) for full accessibility to all links and content. Cheers!Check out my Twitter here @LumberhawkInterested in mining BTC but don’t want to have loud, hot and expensive miners in your home? I personally use and recommend Sazmining. Click here to get on the wait list for their green energy powered hosted mining operations.Come check us out over at Infinity Investing. We have free and paid workshops for everything from Option Trading, Wholesaling, to Short Term Rentals and everything in-between! Crypto content coming very soon!Get your free Strategy Session here to develop your personal road map to success.Free Ebook! - 3 STEPS TO CREATE AN INVISIBLE INVESTOR STRATEGYListen to The Lumberhawk Podcast the Fountain app here to earn Sats while you listenhttps://fountain.fm/refer/LumberHawk-1eda3c9dacPlay Blink-O and earn Sats in your Roth IRA here that will never be taxed!https://use.choiceapp.io/u7r53rxAre you getting value from my content? Want to donate a few Sats? Here is my lightning address. Thanks!!Thanks for reading LumberHawk’s Newsletter! Subscribe for free to receive new posts and support my work. Get full access to Lum₿erHawk’s Newsletter at lumberhawknews.substack.com/subscribe

Hey y’all! Welcome back!I had the opportunity to speak with Kent Halliburton here about a variety of things to include his unique life adventures, Bitcoin and mining generally, Sazmining as a company and a sprinkle of broader life concepts. I really enjoyed this conversation with Kent and I look forward to future conversations with him.For full transparency, I am a Sazmining customer for remote hosted Bitcoin miners. I chose Sazmining for my personal BTC mining goals after doing my own due diligence and prior to speaking with Kent, or anyone else at Sazmining. I am excited about the opportunity to work with Sazmining in the future, but I always try have a fair and honest conversation. I do have an affiliate link if you are interested in becoming a Sazmining customer which I will be using going forward because of how optimistic I am about the company. Please hear the conversation and make your own judgements. As always, my experience going forward will be transparent to everyone as I continue to document my journey.On Twitter, Kent Halliburton and SazminingKent also writes a Substack called Kent’s Corner which I recommend checking out.Thank you for reading LumberHawk’s Newsletter. This post is public so feel free to share it. It really helps!Disclaimer: I’m just a guy with thoughts on life around me, and I want to share that perspective with you. Some of this is meant to be educational, some of this is meant to be entertaining. This is not financial advice. I’m just a person with a mic & a keyboard telling you how I feel about whatever is on my mind. DYOR. Make your own decisions. If you have thoughts about the content, or you’d like to have a conversation with me about anything (we can do that as a podcast or not), then just hit me up here or on Twitter If you’re viewing this in a podcast notes, the imbedded links may be unavailable. Please go directly to my Substack (lumberhawknews.substack.com) for full accessibility to all links and content. Cheers!Check out my Twitter here @LumberhawkCome check us out over at Infinity Investing. We have free and paid workshops for everything from Option Trading, Wholesaling, to Short Term Rentals and everything in-between! Crypto content coming very soon!Get your free Strategy Session here to develop your personal road map to success.Free Ebook! - 3 STEPS TO CREATE AN INVISIBLE INVESTOR STRATEGYListen to The Lumberhawk Podcast the Fountain app here to earn Sats while you listenhttps://fountain.fm/refer/LumberHawk-1eda3c9dacPlay Blink-O and earn Sats in your Roth IRA here that will never be taxed!https://use.choiceapp.io/u7r53rxAre you getting value from my content? Want to donate a few Sats? Here is my lightning address. Thanks!!Thanks for reading LumberHawk’s Newsletter! Subscribe for free to receive new posts and support my work. Get full access to Lum₿erHawk’s Newsletter at lumberhawknews.substack.com/subscribe

Hey y’all! Welcome back!How I feel about the immediate future on BTC mining and if it’s going to be profitable going forward. BTC mining is a balancing act between hash rate, energy cost and the spot price of BTC so you need to crunch your own numbers, but here are my thoughts on the subject.Thank you for reading LumberHawk’s Newsletter. This post is public so feel free to share it. It really helps!Disclaimer: I’m just a guy with thoughts on life around me, and I want to share that perspective with you. Some of this is meant to be educational, some of this is meant to be entertaining. This is not financial advice. I’m just a person with a mic & a keyboard telling you how I feel about whatever is on my mind. DYOR. Make your own decisions. If you have thoughts about the content, or you’d like to have a conversation with me about anything (we can do that as a podcast or not), then just hit me up here or on Twitter If you’re viewing this in a podcast notes, the imbedded links may be unavailable. Please go directly to my Substack (lumberhawknews.substack.com) for full accessibility to all links and content. Cheers!Check out my Twitter here @LumberhawkInterested in mining BTC but don’t want to have loud, hot and expensive miners in your home? I personally use and recommend Sazmining. Click here to get on the wait list for their green energy powered hosted mining operations.Come check us out over at Infinity Investing. We have free and paid workshops for everything from Option Trading, Wholesaling, to Short Term Rentals and everything in-between! Crypto content coming very soon!Get your free Strategy Session here to develop your personal road map to success.Free Ebook! - 3 STEPS TO CREATE AN INVISIBLE INVESTOR STRATEGYListen to The Lumberhawk Podcast the Fountain app here to earn Sats while you listenhttps://fountain.fm/refer/LumberHawk-1eda3c9dacPlay Blink-O and earn Sats in your Roth IRA here that will never be taxed!https://use.choiceapp.io/u7r53rxAre you getting value from my content? Want to donate a few Sats? Here is my lightning address. Thanks!!Thanks for reading LumberHawk’s Newsletter! Subscribe for free to receive new posts and support my work. Get full access to Lum₿erHawk’s Newsletter at lumberhawknews.substack.com/subscribe

Hey y’all! Welcome back!Someone asked me once for an uber simplified explanation about Bitcoin. If you don’t get why BTC is a better money, then this is for you. This is my one sentence explanation of bitcoin, along with some historical background. I hope for this to provide the base idea foundation for you to build on in your own bitcoin education. Bitcoin is a multifaceted technology that will impact many aspects of our life, but in order to get there we first need to understand money.Thank you for reading LumberHawk’s Newsletter. This post is public so feel free to share it. It really helps!Disclaimer: I’m just a guy with thoughts on life around me, and I want to share that perspective with you. Some of this is meant to be educational, some of this is meant to be entertaining. This is not financial advice. I’m just a person with a mic & a keyboard telling you how I feel about whatever is on my mind. DYOR. Make your own decisions. If you have thoughts about the content, or you’d like to have a conversation with me about anything (we can do that as a podcast or not), then just hit me up here or on Twitter If you’re viewing this in a podcast notes, the imbedded links may be unavailable. Please go directly to my Substack (lumberhawknews.substack.com) for full accessibility to all links and content. Cheers!Check out my Twitter here @LumberhawkCome check us out over at Infinity Investing. We have free and paid workshops for everything from Option Trading, Wholesaling, to Short Term Rentals and everything in-between! Crypto content coming very soon!Get your free Strategy Session here to develop your personal road map to success.Free Ebook! - 3 STEPS TO CREATE AN INVISIBLE INVESTOR STRATEGYListen to The Lumberhawk Podcast the Fountain app here to earn Sats while you listenhttps://fountain.fm/refer/LumberHawk-1eda3c9dacPlay Blink-O and earn Sats in your Roth IRA here that will never be taxed!https://use.choiceapp.io/u7r53rxAre you getting value from my content? Want to donate a few Sats? Here is my lightning address. Thanks!!Thanks for reading LumberHawk’s Newsletter! Subscribe for free to receive new posts and support my work. Get full access to Lum₿erHawk’s Newsletter at lumberhawknews.substack.com/subscribe

Hey y’all! Welcome back!This is my conversation with Grant Luna about all sorts of things to include Infinity Investing, Bitcoin culture, The Tornado Cash sanctions, the Real Estate market, Self Learning & Growth, etc. It was a great conversation and I look forward to having Grant on the podcast again in the future.I do have a video version of this which I intend to post once Substack video Beta opens up to me.(Update: the process with taking over the Infinity Investing crytpo room has been delayed. I will update y’all when that’s back to the front burner.)Thank you for reading LumberHawk’s Newsletter. This post is public so feel free to share it. It really helps!Disclaimer: I’m just a guy with thoughts on life around me, and I want to share that perspective with you. Some of this is meant to be educational, some of this is meant to be entertaining. This is not financial advice. I’m just a person with a mic & a keyboard telling you how I feel about whatever is on my mind. DYOR. Make your own decisions. If you have thoughts about the content, or you’d like to have a conversation with me about anything (we can do that as a podcast or not), then just hit me up here or on Twitter If you’re viewing this in a podcast notes, the imbedded links may be unavailable. Please go directly to my Substack (lumberhawknews.substack.com) for full accessibility to all links and content. Cheers!Check out my Twitter here @LumberhawkCome check us out over at Infinity Investing. We have free and paid workshops for everything from Option Trading, Wholesaling, to Short Term Rentals and everything in-between! Crypto content coming very soon!Get your free Strategy Session here to develop your personal road map to success.Free Ebook! - 3 STEPS TO CREATE AN INVISIBLE INVESTOR STRATEGYListen to The Lumberhawk Podcast the Fountain app here to earn Sats while you listenhttps://fountain.fm/refer/LumberHawk-1eda3c9dacPlay Blink-O and earn Sats in your Roth IRA here that will never be taxed!https://use.choiceapp.io/u7r53rxAre you getting value from my content? Want to donate a few Sats? Here is my lightning address. Thanks!!lnbc1p3vkh43pp5ezparjwze9ugtkr5z795nwhmrlmyvduajy8475rpegk8f9zdr8kqdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5jrphsms965lvlj49ceml4pvqa3g9wn8046gt9u7j2wjsy6njmzms9qyyssqcswxpeuxq6qf77ypgjtjfx4zfh2rgj500rl7sngn5ge6e0mp2afjfe96fteml0ght8uh0v3ct9wu7wqlv0zjr2gpyuc0as5524r7mmspw47w09Thanks for reading LumberHawk’s Newsletter! Subscribe for free to receive new posts and support my work. Get full access to Lum₿erHawk’s Newsletter at lumberhawknews.substack.com/subscribe

Hey y’all! Welcome back!Just my raw thoughts on the BlackRock partnership with Coinbase and what that may mean going forward. Thanks for tuning in!Thank you for reading LumberHawk’s Newsletter. This post is public so feel free to share it. It really helps!Disclaimer: I’m just a guy with thoughts on life around me, and I want to share that perspective with you. Some of this is meant to be educational, some of this is meant to be entertaining. This is not financial advice. I’m just a person with a mic & a keyboard telling you how I feel about whatever is on my mind. DYOR. Make your own decisions. If you have thoughts about the content, or you’d like to have a conversation with me about anything (we can do that as a podcast or not), then just hit me up here or on Twitter If you’re viewing this in a podcast notes, the imbedded links may be unavailable. Please go directly to my Substack (lumberhawknews.substack.com) for full accessibility to all links and content. Cheers!Check out my Twitter here @LumberhawkCome check us out over at Infinity Investing. We have free and paid workshops for everything from Option Trading, Wholesaling, to Short Term Rentals and everything in-between! Crypto content coming very soon!Get your free Strategy Session here to develop your personal road map to success.Free Ebook! - 3 STEPS TO CREATE AN INVISIBLE INVESTOR STRATEGYListen to The Lumberhawk Podcast the Fountain app here to earn Sats while you listenhttps://fountain.fm/refer/LumberHawk-1eda3c9dacPlay Blink-O and earn Sats in your Roth IRA here that will never be taxed!https://use.choiceapp.io/u7r53rxAre you getting value from my content? Want to donate a few Sats? Here is my lightning address. Thanks!!lnbc1p3vkh43pp5ezparjwze9ugtkr5z795nwhmrlmyvduajy8475rpegk8f9zdr8kqdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5jrphsms965lvlj49ceml4pvqa3g9wn8046gt9u7j2wjsy6njmzms9qyyssqcswxpeuxq6qf77ypgjtjfx4zfh2rgj500rl7sngn5ge6e0mp2afjfe96fteml0ght8uh0v3ct9wu7wqlv0zjr2gpyuc0as5524r7mmspw47w09Thanks for reading LumberHawk’s Newsletter! Subscribe for free to receive new posts and support my work. Get full access to Lum₿erHawk’s Newsletter at lumberhawknews.substack.com/subscribe

Hey y’all! Welcome back!Just a quick update about Voyager, their Chapter 11 bankruptcy situation, and their recent communications to asset holders about the plan to recovery.I’m just a guy with thoughts on life around me, and I want to share that perspective with you. Some of this is meant to be educational, some of this is meant to be entertaining. This is not financial advice. I’m just a person with a mic telling you how I feel about whatever is on my mind. DYOR. Make your own decisions. If you have thoughts about the content, or you’d like to have a conversation with me about anything (we can do that as a podcast or not), then just hit me up here or on twitter Check out my Twitter here @LumberhawkListen to this on the Fountain app here to earn Sats while you listenhttps://fountain.fm/refer/LumberHawk-1eda3c9dacPlay Blink-O and earn Sats in your Roth IRA here that will never be taxed!https://use.choiceapp.io/u7r53rxAre you getting value from my content? Want to donate a few Sats? Here is my lightning address. Thanks!!lnbc1p3vkh43pp5ezparjwze9ugtkr5z795nwhmrlmyvduajy8475rpegk8f9zdr8kqdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5jrphsms965lvlj49ceml4pvqa3g9wn8046gt9u7j2wjsy6njmzms9qyyssqcswxpeuxq6qf77ypgjtjfx4zfh2rgj500rl7sngn5ge6e0mp2afjfe96fteml0ght8uh0v3ct9wu7wqlv0zjr2gpyuc0as5524r7mmspw47w09 Get full access to Lum₿erHawk’s Newsletter at lumberhawknews.substack.com/subscribe

Hey y’all! Welcome back!There seems to be a lot of optimism out there. Not to be a downer, but here are a few thoughts on why there might be some more pain to come first, and why I am still waiting a bit longer before I start to get aggressive in this market.I’m just a guy with thoughts on life around me, and I want to share that perspective with you. Some of this is meant to be educational, some of this is meant to be entertaining. This is not financial advice. I’m just a person with a mic telling you how I feel about whatever is on my mind. DYOR. Make your own decisions. If you have thoughts about the content, or you’d like to have a conversation with me about anything (we can do that as a podcast or not), then just hit me up here or on twitter Check out my Twitter here @LumberhawkListen to this on the Fountain app here to earn Sats while you listenhttps://fountain.fm/refer/LumberHawk-1eda3c9dacPlay Blink-O and earn Sats in your Roth IRA here that will never be taxed!https://use.choiceapp.io/u7r53rxAre you getting value from my content? Want to donate a few Sats? Here is my lightning address. Thanks!!lnbc1p3vkh43pp5ezparjwze9ugtkr5z795nwhmrlmyvduajy8475rpegk8f9zdr8kqdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5jrphsms965lvlj49ceml4pvqa3g9wn8046gt9u7j2wjsy6njmzms9qyyssqcswxpeuxq6qf77ypgjtjfx4zfh2rgj500rl7sngn5ge6e0mp2afjfe96fteml0ght8uh0v3ct9wu7wqlv0zjr2gpyuc0as5524r7mmspw47w09 Get full access to Lum₿erHawk’s Newsletter at lumberhawknews.substack.com/subscribe

Hey y’all! Welcome back!NYC being the most expensive place to rent in the country. The rest of the list is compared to NYC as a percentage.I’m just a guy with thoughts on life around me, and I want to share that perspective with you. Some of this is meant to be educational, some of this is meant to be entertaining. This is not financial advice. I’m just a person with a mic telling you how I feel about whatever is on my mind. DYOR. Make your own decisions. If you have thoughts about the content, or you’d like to have a conversation with me about anything (we can do that as a podcast or not), then just hit me up here or on twitter Check out my Twitter here @LumberhawkListen to this on the Fountain app here to earn Sats while you listenhttps://fountain.fm/refer/LumberHawk-1eda3c9dacPlay Blink-O and earn Sats in your Roth IRA here that will never be taxed!https://use.choiceapp.io/u7r53rxAre you getting value from my content? Want to donate a few Sats? Here is my lightning address. Thanks!!lnbc1p3vkh43pp5ezparjwze9ugtkr5z795nwhmrlmyvduajy8475rpegk8f9zdr8kqdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5jrphsms965lvlj49ceml4pvqa3g9wn8046gt9u7j2wjsy6njmzms9qyyssqcswxpeuxq6qf77ypgjtjfx4zfh2rgj500rl7sngn5ge6e0mp2afjfe96fteml0ght8uh0v3ct9wu7wqlv0zjr2gpyuc0as5524r7mmspw47w09 Get full access to Lum₿erHawk’s Newsletter at lumberhawknews.substack.com/subscribe

Hey y’all! Welcome back!Gold has been the free market form of money from the beginning of time until 1971. Why?Between 1911 and 1971, the world stopped using gold as money, and that decision has had significant consequence that we are living through right now.So what comes next? Let’s talk about it…I’m just a guy with thoughts on life around me, and I want to share that perspective with you. Some of this is meant to be educational, some of this is meant to be entertaining. This is not financial advice. I’m just a person with a mic telling you how I feel about whatever is on my mind. DYOR. Make your own decisions. If you have thoughts about the content, or you’d like to have a conversation with me about anything (we can do that as a podcast or not), then just hit me up here or on twitter Check out my Twitter here @LumberhawkListen to this on the Fountain app here to earn Sats while you listenhttps://fountain.fm/refer/LumberHawk-1eda3c9dacPlay Blink-O and earn Sats in your Roth IRA here that will never be taxed!https://use.choiceapp.io/u7r53rxAre you getting value from my content? Want to donate a few Sats? Here is my lightning address. Thanks!! Get full access to Lum₿erHawk’s Newsletter at lumberhawknews.substack.com/subscribe

You’re going to have to listen to this one…Bitcoin is the greatest monetary asset ever invented, and you can still get it for free! Why aren’t you!?https://fountain.fm/refer/LumberHawk-1eda3c9dachttps://use.choiceapp.io/u7r53rxStack free Sats every day with the above 2 apps. Seriously, what are you waiting for? Get full access to Lum₿erHawk’s Newsletter at lumberhawknews.substack.com/subscribe

Let's get the boring parts out of the way first. Bitcoin is floating in the $30k range right now. For the last few days we've been bouncing between mid $28k’s and mid $30k’s. I don't see this changing anytime soon. Obviously it could break out at any time, in any direction, but every time we get below $28k it is met with a ton of volume which shows me that when the price gets to that point, the bulls come back in charge. Hopefully that trend will continue in the future.That being said every time the bitcoin price gets above that (like right now in the $30k’s) volume is relatively nonexistent, which doesn't give me a lot of optimism that we're going to break out north of $31k anytime soon.As far as all the on-chain metrics are concerned, for the most part nothing has changed. Almost all of the indicators are still pointing at Bitcoin being in a generational buying opportunity right now. The one thing I would like to make note of is the bitcoin balance on exchanges. During that last dump, last week we actually reversed our trend of Bitcoin leaving exchanges into a Bitcoin going on to exchanges situation. I think that was largely fueled by extreme fear in the markets as well as the Luna Guard Foundation having to liquidate a couple billion dollars worth of Bitcoin. Since then, that trend has reversed and the amount of Bitcoin on exchanges is going back down. I expect that trend to continue to pick back up kind of where it left off last week.The legacy markets looked a little bit better today. The S&P500 was up about 2% up to 4088. The Dow up about 1.34%. The Nasdaq up 2.76%. The Russell 2000 up 3.19%. Also worth noting the 10 year bond rate went up 3.16% to 2.968.With the state of our economy being the way it is and the dollar gaining strength over these last several days, it seems unlikely that this stock market rally will continue. I still believe that there is room for another 10% to 15% in the stock market to sell off before we hit a stock market bottom. Unfortunately, I don't think we're going to see a Bitcoin and a crypto market bottom really establish itself until the stock market bottom comes in. Most likely the crypto bottom will actually come in before the stock market bottom, but won't be able to have a lot of confidence that the crypto bottom is in until we see it in the stock market as well.The risk on asset prices going down goes hand in hand with the dollar strength going up as people are are trying to minimize their risk and move to the safe haven that they view the US dollar as. The global economic slowdown doesn't seem like it's going to end anytime soon. As we speak, China has 32 cities on Covid lockdown right now. There's no way that's not going to have an impact on the global economic situation. It also doesn't help that India just banned wheat exports. India isn't a huge wheat exporter like Ukraine or Russia, and I realized that they're concerned with their own population running out of food and wealthier countries buying wheat out from underneath their own population. But, with the global shortages already going on there's no way that this is going to help the wheat markets.Aside from the 32 cities on lockdown, the Yuan is really struggling. It's lost 7% of its value against the dollar in the last month. Some of that is because as a dollar has gained strength. But, also China has seen pretty significant outflows of Chinese bonds because people are afraid of keeping their money invested in China with the current situation. Some of that data that came out recently included:* Industrial production down 2.9% * Retail sales down 11% * Electricity consumption down 1% * Oil demand down to 6.7%* Unemployment rate increased to 6.7 (highest in the five years) * Automotive sales decreased by more than 30%With the 2nd largest economy looking like it's not out of the woods yet and it still has a way to go, it's not much of a stretch to connect that to the global economy struggling for a while.Back over here in the states the S&P500 has lost $7T for this downturn. The index is down 18% since the beginning of the year. The silver lining on that is that every time the market has had more than a 15% drop, it has been followed by a twelve month bull run. Now, that doesn't mean that the bull run is starting tomorrow. It's very likely not and I'll get more into that in a minute. But, whenever this cycle concludes, hopefully past performance will repeat itself again.A recent survey indicated that Americans are generally cutting back on spending. Of The survey responses: * 53% -Dining out less * 39% -Cut back on driving * 35% -Cancel monthly subscriptions * 32% -Buy generic brands over name brands * 29% -Cancel vacations or travel plans.All in all (as I've said before) I don't think that the markets will shift until the Fed starts to pivot its position, which I don't think is going to happen anytime in the very near future. I think it's likely that we'll see another 50 basis point hike in June and again in Ju

Welcome back to the Lumber Hawk Podcast y'all! It's been another crazy day. Markets are… bad. There's a lot going on out there and between the contraction of the credit markets, the Russian invasion of Ukraine and also China's export growth falling from 15.7% in March to only 3.7% in April, all of these things are contributing to what we're seeing in the markets recently. It's definitely not pretty. There's no getting around that, but as this plays out remember that wealth is not created in bull markets. It's created with buying opportunities in bear markets. Being positioned to capitalize on buying opportunities when we're in the gutter is what enables you to capitalize on the best of times later. All markets go through cycles. Try to remember that smart purchases held for the long term, either forever or at least well into the next bull cycle is where the real rewards come from. You hear about people Yolo-ing into bull markets all the time and then you get crushed on the downswing. Now I'm not saying to try to time the markets perfectly. It's nearly impossible to time the tops and the bottoms. Just have a plan and a dollar cost into the market at times like this or as the downswing continues and then have a plan to dollar cost out of the market when the market is frothy. As usual none of this is financial advice. I'm just a guy with a microphone telling you how I feel about what's going on out there. Do your own research. Make your own decisions. We have a lot to cover today. So I'm going to give you a brief overview so that way if you want to skip around; I'm going to try to cover these things basically in this order. First we're going to talk about Bitcoin and the S&P500. We're going to talk about CPI and some housing data coming out soon that we need to keep an eye on. We're going to talk about Terra Luna. We're going to talk about Microstrategy. We're going to talk about Argentina. We're gonna touch back on local real estate in Las Vegas, which is the area that I'm at and then lastly I have a travel deal. I'm gonna try to incorporate a travel deal into each one of these because it's one of my passions and I come across a lot of good stuff. So I'm going to try to get that out to you guys. Hopefully you like it. If you do, great! If not, let me know.So, let's start with bitcoin and the implied volatility chart. There is a one week and a six week week gauge. Just recently the one week volatility rose above the six week volatility gauge which is a sign of peak fear. As indicated the fear and greed index right now is currently at 11, which is in the extreme fear range.But this implied volatility chart is often used as an indication of option traders expectations for price turbulence coming for the next few weeks. Usually this crossing of the one week over the six week marks a temporary price bottom. That doesn't mean that the price is actually going to bottom here, it just means that's what the option traders are expecting to happen. As bitcoin and the S&P500 have both had major selloffs recently, if you check their RSI, Bitcoin just entered the oversold range. The S&P500 is right there on the border. S&P is sitting at three 3991.24. The Dow is at 32,245.7. The Nasdaq is at 11,623.25. Russell 2000 is at 1762.8. Bitcoin is clinging on to $30,000 currently at $30,467. The $30,000 support line for Bitcoin is a significant line of resistance as well as the 4000 point line of resistance for the S&P500. We're sitting on both of those right now. So, it's really important to watch to see if we bounce off of both of those, if we ride those, or if we break through them. I expect that we're going to see a local bottom form here for both of those markets. The S&P500 and Bitcoin which in turn kind of impact all of the rest of the markets out there besides real estate. I think it's likely that we end up with a bull trap. Maybe we'll see a little bit of a relief rally here. If we do I don't see us going north of $40,000 on bitcoin. I think $36,000 is more likely, but I'm not even sure if the relief rally is going to take place. And if it does, the down trend is likely going to continue after the rally. So, I won't be looking to make any big moves if we do get an upswing. I'm still going to just wait and see how the market plays out for a little bit longer. I don't think it's likely that if we do get a reversal here, it'll be a market cycle bottom. Like I said in last week's episode; the markets will probably not shift until the Fed's position shifts, and that's going to be based on CPI data and just the greater situation in the economy. I am going to get to CPI information in just a second but before that on Wednesday, the day after tomorrow, Wednesday morning at 4 am PST time 7 am EST we're gonna get some mortgage application data. That'll give us a better idea if the real estate market is continuing to cool off. I expect that it will indicate as such. I think that the local market peak probably came through and the and

Welcome back to the Lumber Hawk Podcast y'all!Happy Mother's Day to all the mothers out there. Especially my love, Ms. Nanner and my Mother. I love you both and I am grateful for you guys being in my life; past and present. For the rest of you out there listening, go be nice to the mothers in your lives. I'm sure they deserve it. On to the rest of the podcast. So, the markets are a bit of a mess. We had that brutal sell off in basically every market a couple days ago. If you feel a bit overwhelmed by all that, it's absolutely okay to go focus on something else in life. You can put your portfolio down and just ignore it. It's fine. But go find something that makes you happy. Spend some time with your family, go work on a hobby, read a book. It's okay, you don't have to watch the markets every day. But if that's what you're here for, (to hear about the markets) then let's get into it. As usual, this is not financial advice. Again, I’m just a guy with a microphone telling you how I feel about life. Do your own research. Make your own choices. Just going to go over some stuff pretty quickly. The jobs report came back. We added 428,000 jobs in April, so that's nice and the 10 year treasury yield just hit a high of 3.13%. The 10 year treasury impacts a lot of market activity as I'm sure you are aware so, it's just good to keep an eye on that number. If you haven't already heard, Fidelity has implemented a plan to allow investors to put bitcoin into their 401K. Fidelity is the largest 401K provider out there. It is expected that they are going to have a limit of not more than 20% of each customer's assets into Bitcoin. Also the program is optional, not only for the individual investors but also for each company being part of the program. Personally, I wouldn't want my employer to make that choice for me. So, if you have a Fidelity plan and you would like access to Bitcoin in your 401K then I would talk to your employer and make sure that they are not going to be opting out of that program on your behalf. In a somewhat related note BlackRock (which is the world's largest asset manager with $10T in assets) created a blockchain ETF comprised of 34 (I misspoke saying 43) products, referring to blockchain and crypto as a “Megatrend”. The head of BlackRock’s US I-Shares product, Rachel Aguirre, said:“The expansion of our megatrends line-up today reflects the power of the millennial and rise of the self-directed investor, whose buying habits have reshaped mainstream consumer behaviors, and in turn, the companies in which they invest”The 3 largest allocations of this fund are Coinbase, Marathon Digital and Riot Blockchain. Just to be clear, This ETF does not hold cryptocurrencies directly. It is an ETF of companies with cryptocurrency exposure, Coinbase being the prime example. Next up I just wanted to quickly touch on the trends between long-term and short-term holders in Bitcoin. Just to oversimplify on why it's important, generally during bear markets long-term holders are accumulating, whereas short-term holders are selling off.Short-term holders usually being newer investors (retail investors) who have a tendency to trade more emotionally. The long-term holders being the opposite. Whereas in a bull market you will see long-term holders selling off into short-term retail hands. As the price goes up, the short-term retail investor generally gets caught up in that FOMO cycle and the long-term investor is usually skimming profits as they are realizing significant gains.The current trend has short-term holders selling to long-term holders, which is another confirmation of being in a bear market. Long-term holders now account for 82.86% of Bitcoin's circulating supply. That is the highest that number has been in several years. You can see how that goes hand in hand with the amount of bitcoin supply on exchanges that I talk about all the time, so I won't get back into that. One of the things that this information tells me is that the illiquid supply crunch probably isn't going to change anytime soon. Generally these long-term bag holders are in it for the long run. You're not going to see these coins hit exchanges until we get significant price appreciation. I'm not saying that the market won't continue to go down (it might), but there's only so many coins out there left available to be sold. Nearly 83% of the coins are fairly well locked up and there's about two million coins left in circulating supply that's actually available to be purchased. Again, with the greater economy being the way it is, we absolutely could keep going down from here. There are plenty of people who think that we are going to retest $34,000 and maybe even $30,000. I don't really know if that's the case, but to be completely honest I didn't think we'd get as low as we are right now (yet, here we are). But I do know that the lower we go the more long-term holder purchasing is going to take place. The institutions and the whales and the individuals who

Evening everyone!I just wanted to give a quick market update because well, today was brutal. The legacy markets had an absolutely brutal day, especially the Nasdaq. Nasdaq down 5%, 647 pts. The Dow down 1000 pts today, 3.12%. S&P 500 down 3.5%. Russell 2000 down 4%. Bitcoin and the crypto markets took a serious hit too. They had a big ol’ rally yesterday and then today they fell off a cliff. Yesterday Bitcoin rallied from $37,500 ish, right up to $40,000 and then this morning it dropped from $39,500 or so to just over $36,000 and in the matter of a couple of hours. There was ah about $186,000,000 of liquidations in Bitcoin and $63,000,000 of Ethereum. That contributed pretty heavily to the massive downswing. And although today is just one of those red days that give you all those feelings, I want to remind you that some of the long-term metrics are still looking absolutely wonderful. Now are the legacy markets and the crypto market going to continue in a down trend for a while. Maybe. Probably; but in the medium to long-term, the cryptocurrency markets are really really poised to do very well. Just to quickly cover a couple of the metrics that I watch; the Pi cycle top indicator, which is what I use to let us know (as one of the indicators) when we're close to a market top, that trend is continuing to widen. Which means, the wider it is the further away we are from the top. It's been widening since the beginning of the year. The reserve risk indicator is nearly at an all time low, not quite but it is well in the oversold category. The coins on exchange position continues to trend downwards rapidly. As I mentioned in a recent article, that trend is accelerating downwards which means more and more coins are leaving exchanges faster as less and less coins are available on exchanges. Regardless of today's price action, there will be a liquidity crunch at some point. We’re just running out of bitcoin to be honest with you now. Now, it is worth noting that many institutions are buying their bitcoin OTC and not from these exchange wallets. But we also have metrics that show bitcoin miners are generally hoarding their bitcoin rather than constantly selling the way they were doing a couple of years ago, which indicates to me that miners are bullish. Institutions are bullish. And the reserves on exchanges are drying up. So, once retail has a reason to come back into the game (which has been surprisingly low for the last year or 2) then I don't see much choice (but) to see that create significant price action.So as far as what's coming, (my personal plan) I still continue to dollar cost average into bitcoin regularly. I'm not looking to add to my altcoin positions here. There's a lot of uncertainty in the market going forward the next couple of months. The legacy markets are connected to the cryptocurrency markets because of the institutional adoption that we've seen. I will be continuing to stack Sats and hopefully putting some dollars off to the side. So that way if we do have a continued down market then we'll be able to do some aggressive dip buying. Again, none of this is financial advice. This is just what I'm doing, what I'm thinking, what I'm seeing. I don't expect to see a significant string of days like today in either market, especially considering that the Fed said that 50 basis point hike was on the table for the next couple of meetings but they were not considering a 75 basis point hike. Now in reality the difference between 50 and 75 is relatively insignificant when it comes to the big picture, but that should help ease the anxiety of the markets that exists right now. One bright spot of news is apparently Joe Rogan said that Bitcoin is now a viable currency. Now, I don't take what Joe Rogan says to be any kind of economic expert by any means. However, he does have something like 11 Million subscribers on Spotify and a ton of YouTube followers. There's a bunch of data out there that indicates he has a larger following than any of the mainstream media platforms (you know, CNN, Fox News, MSNBC; all those). So, when he starts talking about something a lot of people hear it. Now I don't think that him mentioning it in this context is going to be enough to create that retail enthusiasm and that FOMO, especially after the brutal market conditions we've had over the last couple months; but every seed planted helps to grow the mainstream adoption and to get people involved and that's really what we need to ever see significant upward price action trends again. So yeah, that's it for today just a quick little message out there. If you're concerned about what's happening just Zoom out, look at the trends from 2, 3, 4, 5 years back. It'll help you feel better.And more importantly, try to get some research in to understand the fundamentals of what Bitcoin is, what Bitcoin does, why it's going to make a difference in the world in the long run. In the meantime, (if it fits your portfolio strategy) keep stacking. It's

Welcome to the LumberHawk Podcast!I just wanted to drop a brief introduction as I roll out this new mechanism. Just like my newsletter, I will be talking about Bitcoin, crypto, stocks, real estate, and likely a sprinkle of other investing topics. There is an overwhelming amount of noise out there, so I am trying to create content for you to get a more bite-sized, easily digestible serving of what's happening. Occasionally I may do some longer takes if there are larger things to cover that require more depth. That being said; none of this is or ever will be financial advice. I'm just a guy with a microphone telling you how I feel about life. I’m not your financial advisor. I'm not your life coach. Please do your own research and don't sue me. That being said; I do have a unique perspective on life that I want to share with you. I am here to try to optimistically educate people about bitcoin and cryptocurrencies mostly because I think that will provide people with the tools to do the most good for themselves in today's world. I hope to educate and entertain along the way. I would also like to begin interviewing impressive people and having some general Q&A sessions. I Have a few people in mind for this already and I'm really excited about it. It is a safe bet that the topics I cover will expand and encompass a more diverse range. You can expect a little bit of travel, food, poker, (the things I love) and just life in general. The direction. This podcast takes will be a melding of what I find interesting with what you like to consume.I am always eager to receive feedback and I encourage you to do so. Feel free to hit me up in the comments here or find me on Twitter at @LumberHawk. Let me know what you think.Cheers, and have a great day! Get full access to Lum₿erHawk’s Newsletter at lumberhawknews.substack.com/subscribe