LIVE: Trump Address (Iran War Reignites!?)

**SPEAKER_1** (0:00)
Buckle up, folks, we're about to listen to Donald Trump absolutely choose violence on communism in America, and potentially even re-escalations against Iran with fresh reports of attacks on vessels. This is a feisty Friday afternoon, and we have a diatribe going out on True Social. We're gonna have to run through a couple key news events that have happened since I covered the crypto markets this morning that have transpired, that we must cover before we head into the weekend. I hope you all are doing absolutely fantastic, and thank you very much for joining me on this show today. If you enjoy this content, please make sure to like and subscribe to the channel Discover Crypto, where we get a little bit feisty on the charts. I am hedged short right now.
Stop losses in profit, and I probably am gonna get washed out of this trade. I'm seeing if I can catch that juicy Trump speech short. Now, without further ado, what's up, I'm gonna, hold on, this is a late afternoon.

**Owen** (1:03)
You are banned! You are banned!

**SPEAKER_1** (1:06)
Got him, unbelievable. Now, truth social, first and foremost, Trump. On truth, I will be speaking at 1:30 p.m. to the Faith and Freedom Coalition, one of the statements I'll be making, perhaps the most important of them all, is concerns of the recent election of communists in our country. Communism, very easy to sell.
I'd be the greatest communist in the history. I'd give free rent, free houses, free food. Everything is free. Unfortunately, after two or three years, the country where this is taking place would fail, always does. Then just start living in squalor. There will be no food, there will be no housing, there will be no military, there will be no nothing. You're a third world every way, and everyone will suffer or die. Okay, so it's getting a little grim, getting a little intense here. And he might be crashing out after the recent Mamdami video. There's a Mamdami video that came out. But this is a long diatribe against communism that Trump is deciding to go after this morning. He also, we're going to be keeping an eye on the White House Twitter account just to make sure we don't miss when he actually is going live for y'all. But this is insane. So Trump says that he's going to impose a 100% tariff on all goods sent to the US from any country that imposes a digital service tax on American companies. So he's taking aim at countries that are looking to tax digital services on these American firms. It is kind of a 60 chess type game. There is a lot of political positioning around this technological advancement across the planet. The US is trying to flex its muscle in those advancements. And this is another tool in his tool chess. He says, numerous European countries have been discussing the imminent implementation of digital service tax on American companies. Did you buy Morpho?
Owen, did you buy Morpho? No, I'm not here. Okay. What are you going to buy?
Owen, he decided to look at his portfolio for the first time in like three years.
And he's going through the options here. So I've told him my ideas. If you've got ideas, let him know.
We'll let the chat kind of decide.
Now, digital service tax on American companies, yada, yada, yada, 100% tariff on all goods sent to the United States of America. The markets haven't reacted too horribly to this recent spat of nasty truth social posts. He also posted about Iran. So going back to his, what is this?
They're looking at my knees. All right. The Islamic Republic of Iran shot at least four one way attack drones on ships, transversing the Strait of Hormuz. One of the drones solidly hit the upper deck of a large and very expensive cargo carrying ship. Damage was done, but the ship was able to proceed on its way. We knocked down three other drones. Obviously, this is a foolish violation of the ceasefire agreement. President Donald Trump. So there's a little bit of extra crash out in terms of Iran. I will be interested to see if he decides to bring up the Iran situation at this speech today. And the odds of a ceasefire kind of falling apart. US-Iran peace deal is officially collapsing. Iran just attacked those ships with four drones in total. It looks like Trump confirmed the attack, called it a violation of the ceasefire. Now the peace deal odds on prediction markets are dumping to 13%.
They say it's extremely bad for markets. Honestly, not horrible. Go check out oil. Oil is still down. Oil is still down. The general sentiment in terms of trades and expectations of the cost of gas and oil is still not being shown on the charts right now. Bitcoin is actually trying to fight back still. It's been kind of flopping and groping around this $60,000 region. I just decided to put this short. I think I got it in at 60 Where is this at? Let me pull it up here. As I am keeping a tight stop on this short, it was right around $60,450, right? And I put my stop loss in profit just to make sure that it's a safe trade. And it nearly murdered me immediately. It came within about $2 of my stop loss. Moments ago, I nearly died, but I'm just leaving this in. This is a lesson. You put the play in, you put the trade in, it goes your way at first. You move the stop loss and you don't take the stop loss off if it starts moving up against you. Sometimes, you know, it ends up holding. I might end up getting stopped out while I'm live here. Yapping Trump, his speeches usually cause a little bit of extra chaos on the markets. And we'll bring this up so I can actually have that in the side eye view here on my other monitor. And I'm going to be building a studio out at my, at the studio at home tonight as well. So, you know, I'll be doing a couple of new things so I can make sure to cover the news over the weekends and stuff like that. Now, OpenAI is also set to limit their GPT 5.6 rollout after a call from Donald Trump earlier today. This news broke at, I mean, this is 11 31, but it actually broke it around 11 a.m. this morning. A little bit of constraints being shown and a little bit of Trump flexing his ability to hold back this rollout from chat GPT's next upgrade. Not too surprising. And this is probably what's going to be driving factor for Donald Trump's diatribe today. It is Mamdani talking about the Supreme Court. Let's have a listen. Let's have a go.