[00:00:00] Speaker A: Any examples used are for illustrative purposes only and do not take into account your particular investment objectives, financial situation or needs and may not be suitable for all investors. It is not intended to predict the performance of any specific investment and is not a solicitation or recommendation of any investment strategy.
[00:00:18] Speaker B: This is another money show. Get set for another hour of the latest financial information and economic news affecting your bottom line. J.R. and Anthony are committed to helping more Americans like you optimize their inc. Reduce their tax risk and reach financial freedom. So let's start the show. Here are your hosts, Anthony Correo and J.R. rochford.
[00:00:42] Speaker C: Here we are, J.R. rochford and Matt McClure bringing you news you might not find on those other radio shows. We realize you have a choice on what to listen to and we're just glad you found us. So as you can tell, we are without Anthony today anyway. So I always start with shout outs. Shout out to Matt. Two weeks in a row offering the adult supervision around here while Anthony travels.
Sam Davis is still on vacation so I do have a question. Matt. So Anthony was in Colorado last week so we had to move the show up by a day. The recording. He is in California this week. I believe he has some sort of a vacation coming up in September. You know what, you know what's going on though. You and I seem to always be in our offices. Is that my imagination?
[00:01:28] Speaker D: I know, right?
[00:01:29] Speaker A: It's like we. We're just left out of all the fun. I don't know. I don't know what it is. Maybe we're just. We're just too cool for school or something or they're too cool for school. I guess they're too cool for us.
[00:01:40] Speaker C: Maybe we have a work ethic that is. Never mind. Never mind. Sam is still our boss, isn't he? I better be kind of careful, Anthony. I can poke holes at Sam. I cannot. So anyway, so I'm glad you're here, Matt. Thank you very much for being with me. Hopefully I can fill up an hour. We may, I'm not sure yet, but we may have a special guest on our buddy from the other Salem Station. 10:10am Joe Jaquent is going to try to pop by. He has been crazy busy obviously as a precious metals dealer by trade and a radio show host five days a week. And now he's heavily involved in what he believes to be an up and coming cryptocurrency. And that's why I asked him to come on today. I want to get his passion and a little bit of Information.
I actually, I've slammed these cryptocurrencies for year after year and I finally bought into one. I trust Joe. I like Joe. I thought, if nothing else, I'm supporting Joe. But as I watch, you know, I bought in at 97 cents. It's around $2.10 right now. I feel like maybe this will be good for me. So who knows? But hopefully we'll have Joe on another shout out. This week we had our West Valley men's networking. So if you made it by we, we definitely appreciate it. Matt, you're what, in Florida?
[00:03:00] Speaker A: I'm in. I'm in Georgia, actually.
[00:03:01] Speaker C: Georgia, that where I knew it was one of those way over there states. A little too far for you to come over to the network in happy hour. So you can do it. Just come in a day early. Yeah, stay for.
[00:03:11] Speaker A: Stay the night. Stay a couple of nights, you know, make it.
[00:03:14] Speaker C: Yeah, you'd have a great time here. It's only today is supposed to drive down to like 109 degrees, so it's nice.
[00:03:19] Speaker A: Is that all?
[00:03:21] Speaker C: Yeah, we're having a cold snap. Luckily I didn't put my jacket away.
[00:03:24] Speaker A: It's gonna snow, guys, right.
[00:03:27] Speaker C: So let's. Let's get into things. If you've listened to us for any length of time, you know that this is not a hour long infomercial. Our job is to make sure you're proactive and not reactive. And that holds true with your finances. That holds true with like the weird world around you. So we actually, as far as I know, we're the only financial advisors in our area that not only talk to you about Roth IRA conversions, we talk to you about how much food and water to have. We talk to you about the word barter. Should you have alcohol and tobacco, guns and ammo, tools, you know, EMP proof, you know, Faraday cages. We talk about all of this stuff. So we're pretty well rounded out here.
Our other thing, we want you prepared, not scared.
The reason we sound these alarms because there is so much going on and it really does seem to be going the wrong direction on so many different levels, so. But we don't want you to be scared. We think the best way to not be scared is to be prepared. I mean, it seems so easy to me if you, you know, Anthony used to give me a hard time. He's like, oh, you worry. You don't enjoy you. That's what Anthony sounds like, by the way. When he's here, you worry about things. You know, the thing is, I don't I've done everything I can within my power, within my financial needs, within my means, not my needs. My needs are to win the lottery, we all know. So, I mean, I've done everything I can. You know, a lot of us have monetary constraints or we would, you know, have a bunker in our backyard. The weirdos like me with tinfoil hats.
Part of it is, is space constraints. If you're in an apartment and you can't have seven cases of water and five, five gallon jugs of water, we are kind of used to, like, explaining how to get around that. We talk about unused space. The top shelf of your linen closet, underneath the bed.
There's ideas if you think that we could ever have a food disruption. We give you ideas on how to make your own food, not just buying cases of MREs number 10 cans. You know, we'll introduce you to our buddy Marcy. She sells something called the Tower garden, where you can actually make your own food.
So we have ideas for you. Lastly, we do financial planning in the office.
We actually work on plans. Our whole focus in our office is on planning over products and education over sales. We meet people time after time, over the years. They've been pitched, they've been presented products. They've never really had a plan. And I think because the world is so crazy and so uncertain, your plan needs to start with what is your income, so what can you bring in? How safe is your job? What do you have for cash, physical hard cash at home? Do you have a good hiding space or a safe? We understand fire, flood, burglary, that sort of thing. Next. Did you get into precious metals? Hopefully, you know, earlier than a year ago, because now, I mean, that could be kind of cost prohibitive. Even though I'm not sure we're at the end of that run. I mean, if we have Joe on where, if he has time to, you know, go outside of Texas, we'll talk a little bit about gold and silver because, I don't know, the inflation, the erosion of the buying power, the tariffs. There's a lot on the table still, so that might still be a viable solution.
So let's say, boy, without. Without Anthony here to give me dirty looks, I feel like I'm rolling through this. So we do want to see you. We do normal financial planning in the office. You know, we can be a second opinion. We have people coming in from the radio show. It's actually getting more and more, which, you know, obviously that's normal. We've been on for three and a half years. So that's not unusual. So we can meet you in the office. We have some older people. We go to them if we can. We need a little more notice. We do zoom appointments. We have a telephone appointment next week with a radio listener. I believe we have three appointments next week with radio listeners. So thank you so much for meeting us. If you want to talk about strict finances, ask for Anthony.
If you want to talk about strict end of the world, ask for me. If you want to mix the two, we'll sit down together with you.
So I think that I just read that Joe is coming in, so. Joe, are you there?
[00:07:45] Speaker D: Guys, can you hear me?
[00:07:48] Speaker C: Nope, not. Your voice is very distinctive. I think we all hear you.
[00:07:52] Speaker D: Hello. Hello.
[00:07:54] Speaker C: How are you doing?
[00:07:55] Speaker D: Good. Can you guys hear me okay now?
[00:07:58] Speaker C: Yes.
[00:07:59] Speaker D: Good, good. I'm doing well. I just. Just wrapped up three hours of radio and took a quick break and now I'm ready for some more.
[00:08:09] Speaker C: Well, I'm going to give you some time. I need to hit a couple things to lead up to you, but I'm going to give you plenty of time.
Couple things for you. If you're not familiar with Joe Jaquint, he's an amazing mind. He is who. I'm going to give him the credit for what we do on this show. I listened to Joe for a decade. I listened for a long time. At first, it's an acquired taste you have to ramp up with Joe, he is not. He's kind of like us. He is not a normal financial. If you're looking for calming, that's not him. I believe Joe's motto is, I'm here to disturb the comfortable and comfort the disturbed. Not too far off from, we want you proactive, not reactive, and prepared, not scared. So anyway, so I didn't. And I mean, no offense, Joe, but I didn't care for you at first because I was like, come on, this guy makes me seem too calm. This guy is.
This is not true. So I start researching some of what you're saying, time permitting. And there was nothing that I could disprove. There was nothing that you said that was like your. Your speculation.
And so the longer I listen, I was like, holy cow. Every single human being in this country and maybe a few animals need to listen to Joe's show. And if you want to, by the way, he's on our sister Salem Station, 10, 10am Every day, Monday through Friday, 9 until 10 Arizona time, quick plug. So one thing that's changed recently, I don't even know if you know this Joe, but as of this week. Monday, today, by the way, is the 14th of August, as we record on Monday.
Anthony and I started doing a commercial during Joe's show.
So there, there's, it looks like they're setting up two commercials a day on Joe's show Monday through Friday on 10:10am so to be hooked up and tied to Joe's show is thrilling to me. It's probably bringing the value of Joe's show down quite a bit, but it makes me feel, babe, I don't know.
[00:10:12] Speaker D: That'D be tough to do. So I, I actually, I've been on your show several times.
We, we've gone to some meetings together, hung out, you know, just socially, it. And we, we complement each other very well. There's no doubt about that.
[00:10:30] Speaker C: Amen. And I'll tell you what, when I say I'm not, you know, just puffing you up when I say that the show started because of what I got from you. It's, it's amazing how as long as I've listened to you, your stuff is so timely. I mean, I got to hear part of your show this morning and I just, I don't know how to express how much people need to hear what you're saying. And, you know, we're only once a week we tell people, catch us on Saturdays, catch us on podcasts or YouTube channel. Because a lot of what we bring to people is current events. A lot of what you bring to people is the numbers behind it. You, you know, we don't do a great job on talking about financial things on this show. You do. You talk about the world around us. You talk about the financial numbers. We just don't have time with one hour a day. So I guess what I'm saying, if you're listening right now, stop listening to anything else. Except for Joe Jaquet Monday through Friday at 10:10am and JR and Anthony every Saturday at noon on the Patriot. You want me to take a breath now? Let me do this. As long as we have Joe here. Thank you so much again for carving our time. I'm going to get to a couple articles and then I want Joe's feeling and impression on these articles. Then I want Joe to talk about something that he is working on. A couple things here. The first thing is we've been saying for the last month or so, you know, we, we really for years wanted to avoid the conversation of cryptocurrencies. You know, we aired out NFTs years ago and that washed away and we really fought the cryptocurrency world. I mean, we've been fighting it tooth and nail. Anthony broke down, bought into a cryptocurrency, I don't know, a few months back I bought grayscale bitcoin. I mean, I dipped my toe in the water. And the more I read, I don't like it. I don't like that I've had to do this. I'm going to be honest with you. I think it's air. I think a lot of cryptocurrencies can equate to tulips, pet rocks, Beanie Babies. I still make fun of it. You know what, as I heard Joe say yesterday, you can fight it all you want. That's not going to stop it from coming.
So the last month or so we've actually been revisiting some of this, saying that, you know, here's what we told you was coming three years ago. The central bank digital currency. It's here. Is it going to be bitcoin, is it going to be Texit coin? What is going to stable coins backed by more air, the treasuries, you know, the people that are 37 trillion in debt at this point.
So anyway, let me, let me give you a little further proof that we are not going to avoid the changes to a digital system in our country. And I'm going to rattle through this kind of quickly.
Here's something from the 13th, which was yesterday from Reuters, Trump's unusual Nvidia deal. Now that's, I'm not going to read that. I want to get to the ones that directly relate to Joe first.
Arabor says Palmer Lucky's political network will help with regulators.
Read a little bit of this to you. A fundraising memo for Palmer Lucky's new crypto bank. Did you hear what I just said? Crypto bank says the quiet part out loud. Venture firms like Founders Fund and 8VC have backed Erebor, a tech focused bank founded by Palmer Lucky. Erebor said in a fundraising memo it expects a charter in around six months.
And Durill founder Palmer Lucky's new digital bank. Erebor told prospective investors in a fundraising memo that expects federal banking regulators to approve its plans by late 2025, a speedy timeline that it says is possible because of Lucky's political network and the bank's closed ties to regular. Did anybody see the movie on Netflix called Bank of Dave?
This is the bank of Lucky.
I love that it's Lucky and not like, you know, strategists bank.
Let's see here. The memo said the bank anticipated charter, blah, blah blah, startup in bank and is lucky.
Anything else important? What I'm focusing in on this article. If you don't think we're going to change from fiat currency to digital, here's another piece of proof for you. We're about to get a bank. We told you that PNC bank is going to start working with Coinbase. We told you all these banks are starting to get tied into this well and it's all tied in with the government.
A couple more things I'm going to read from this. Michelle Alt, a consultant with the Claros Group, said standing up a bank after getting preliminary approval usually takes longer than three months. Banking regulators typically won't let a full service bank open without deposit insurance. Oh good. Deposit insurance. Are they going to get the same 1.3% coverage on your accounts under 250,000 of coins?
Let's see here. In 2024, the median time to decide on a deposit insurance application was 295 days or almost 10 months. Banking law experts told Business Insider that it isn't unusual for the full completion of both process to take a year longer.
Watch this closely. Remember the word erebor. If this thing actually, if you start hearing it in the mainstream media, you know, by the end of this year, I think, I mean, I think that's game over. I think by 26, 27 they're going to start saying turn in your fiat currency.
So that's where I think that ends. Cut more quick articles and then we're get Joe's thoughts on these. Here is from NBC News on the 10th of August, Trump paves path for private Nah, geez. Yeah, okay. This is important. Private equity and crypto in your retirement accounts. Here's what it means for your 401k private equity. You know, when Anthony gets back, we're going to spend some time on private equity in your 401k and the risks and the fees and the illiquidity. We'll talk about that because Anthony sent me a few articles on that, but let me just read that title again. Trump Paves path for private equity and crypto in your retirement accounts Picture Bitcoin for a second. Picture the volatility you've seen. I don't know, what is it, 118,000 right now? Something like that six months ago is like, you know, 70,000. The, the volatility. You're taking unsophisticated investors. They don't, they're not financial advisors. They're mortgage brokers or they're plumbers or they do what they do and you're going to let them take this level of risk in their 400k? We better have some guardrails, we better have some safety nets. Because from somebody who's been a financial advisor for almost three decades, I can tell you what this could end up real good or real not so good.
So let's see here. US national debt explodes by $734 billion in just one month as government. Okay, that's great.
New deal.
Okay, what I'm really looking for is. Here it is here. I've got a couple little articles directly on cryptocurrencies. The daily HODL from the 5th of August BlackRock deposits $372 million worth of Ethereum and $292 billion of Bitcoin into Coinbase Prime.
Okay, so BlackRock, we, we've talked over the years about Vanguard, Blackstone, BlackRock. So BlackRock is heavy into the crypto space. Is that true? So, so, and blackrock is also heavy into this space of the government and running our world.
So there's another sign that we're going digital. Here's another one. Daily HODL from the 13th. This is just yesterday. President Trump's WLFI token explodes 25 times in pre market rally as whales scramble for trades. All right, let's see here. Wlfi, the native token of President Trump's world Liberty Financial has skyrocketed from its sale price during pre market trading. Pre market trading on wlfi. By the way, we're never making recommendations for you to run out buy something. We might, we might later in the show. So Matt, I don't know what kind of disclaimer we need, but when I get talking to Joe we might make a recommendation. We're not recommending you buy any Trump coins or Melania coins or poop coins, I'll say a nice word. Anyway, pre market trading has brought in 274.7 million in total volume on Whale's Market. And blockchain tracking from look on chain reported that several whales are placing multimillion dollar positions on the yet to be launched altcoin. So this coin that's tied to Trump, who's kind of tied to the government is, is skyrocketing.
WLFI is set to launch in phases beginning on August 26th. So I already know about this coin, I've read about this coin, I have information on this coin and it's not even out yet to purchase another sign. Kids, here's another one. Daily HODL from 6 August Trader sees 1300 times returns as Solana Main Coin goes on an explosive rally Blockchain tracking firm look on Chain says that one investor in Troll the name of this coin is Troll. Narrat is looking at a gain of more than 130,000% after the meme Coin inspired by the Internet trolling culture had an explosive rally over the last month from $2900 to $3.78 million in just 3.5 months. A 1300 times return.
The market cap of troll is 175 million. It is the 344th largest crypto project. So you got to buy 343 cryptos before you get to that one. If you're doing an order, that's cool. One more. I'm going to get to one more.
All right, here. This is from the Daily Hurdle. Hey. The Daily Hodl is the big winner on today's article lineup. This is from the 6th of August. Also Little Pepe.
Matt, is that how you pronounce it? Is it Pepe or Pee Pee? Little Pee Pee. I want to say Little Pee Pee just to see if you guys censor me. Little Pepe.
I'm not making any of this up. Little Pepe meme coin presale reaches 1616 million with stage nine now sold up. So I'm sorry, sold out. The Ethereum based Meme Coin has recorded widespread online engagement as it proceeds through the final phases of its pre sale. Read a little bit more of this one because this is important, community growth is cited as a key driver, A Meme Coin is only as strong as its community and Little Pepe has one of the fastest growing supporter bases in the space right now.
Thousands of followers across social platforms are actively engaging with the brand, sharing memes and participating in AMAs and even creating fan content. Sounds a little bit like the NFT flurry to me.
According to the project team, community engagement has played a significant role in the pace at which Pre Sale stage has concluded. The team reports participation from a broad range of online users including influencers, traders and NFT collectors. NFT collectors out there who believe they're drawn both cultural appeal of the project and its perceived long term potential.
Very last thing I'll read. Little Pepe is a next generation layer 2 blockchain designed to merge Meme culture with high speed, low cost, decentralized infrastructure built for scalability, security and accessibility.
Little Pepe supports EVM compatible applications and is powered by the means of the Little Pepe Token. The project's mission is to create a Meme Coin environment wherein utility meets reality.
Empowering users through cutting edge technology and lightning fast transactions. All right, if all of that was Greek, I will point out something to you.
If you are a loyal listener to another money show, you are very likely to be older than not. Is that a polite way to say that you're probably not 19 to 25 demographic. So all of this stuff, when you hear about influencers and you hear about the community and fan base and NFTs, does that give you pause or is it just me?
I mean, what I want is, I want more safety if we're going to go digital.
I want, I don't want to lose all my money.
So I think when I think about buying into Little Pepe, it scares the crap out of me and I just don't understand it.
So why don't we do this? I wanted to hit up those articles, at least on the surface, for a reason.
We've kind of in our office, we fought it and fought it.
We don't think we can fight it anymore.
Can most of our friends and family afford to go out and buy 10 bitcoins at, you know, 118,000 or whatever it is today each? We cannot. So we have to find other ways to do this. You see what I'm saying?
When I read about the 344th out of how many cryptos, it's overwhelming. It is completely overwhelming. So what I've been doing is trying to watch for ETFs. I'm trying to watch for, like the old days of mutual funds. I would like a basket of cryptocurrencies and hopefully one rises to the top. If a couple of them don't make it, maybe a couple of them will.
So then a few months back, I heard something from Joe and Jason on their show about texit Coin. And I listened, I listened for a few weeks. I didn't reach out to Joe right away. I just sat back and listened. Talked to Anthony about it. Anthony said it's another cryptocurrency.
Anthony dismissed it. I, you know, he'll admit that I'm still going to work on getting him on board.
So with, with all of this said, boy, we really have become another crypto show, haven't we? With all this said, we do have Joe here. We're, we're up against a break.
So I think what we're going to do is take the break and then Joe, I mean, I'll give you the rest of the half hour if you want. I'll save all my articles to next week, but I really I want to talk about the cryptos in general and in specific, what you're passionate about, if that's okay.
[00:25:49] Speaker D: So yeah, love it.
[00:25:52] Speaker C: Excellent. With that said, if you'd like to sit down with us, if you want to meet us, if you want a second opinion, reach out to us at 623-523-0444 or email us
[email protected] and we would love to meet you, we'd love to sit down with you. We'd love to help you. So we will be right oh, don't forget too, we need help with the YouTube channel. That thing is moving. We've got over 330, 000 views on our videos and shorts. So that's, that's moving right along. We need more people to subscribe though we only have 600 subscribers, so Joe Rogan is not worried quite yet. Anyway, we will be back in a, in just a minute and thank you so much as always for being with us.
[00:26:37] Speaker B: You're listening to Another Money Show. To learn more and contact JR and Anthony, visit anothermoneyshow.com.
[00:26:53] Speaker C: Hi, I'm JR Rachford, host of Another Money show airing Saturdays at noon on 9 6, the Patriot. If you've heard our show, you know it's more news based and how current events could affect your finances versus actually telling you what we do. I'm going to tell you what I've seen time and time again to be the very key to a happy retirement and that is income. You would think that those without much money in retirement are the only ones worried in retirement. What I consistently see is that those with large sums of assets are also just as worried. That worry always comes from the fear of running out.
Stop worrying about your assets. Assets come and go. Income is forever. I believe self funding pensions are the key to a happy retirement and I can help you do it. Reach out to us at 623-523-0444. That number again is 623-523-0444 or find us on the web at anothermoneyshow.com thanks.
[00:28:00] Speaker B: For listening to Another Money Show. If you like what you're hearing, be sure to leave us a rating and subscribe to the show wherever you listen to podcasts.
[00:28:09] Speaker C: Welcome back to Another Money Show. Thank you so much as always for being with us. You know we greatly appreciate it. We're a little tiny fish and a big pond and we just, we, we value your support.
So the first half, I know that was a little chaotic and scattered without Anthony, I was floundering a hair. Another fish reference. But we, we got through it. I, I do have Joe here. I, I want to give Joe a little bit of crap first. He. He didn't show up at the West Valley Men's networking on Tuesday. I noticed. So I, I hope he's got an excuse like, oh, I was busy.
You're too busy for your friends and, and happy hour.
[00:28:41] Speaker D: So you know what? I, you know, I treasure happy hour. That, that just tells you I was actually busy. I got, I've got some employees on vacation, so I actually have to work now for a living. It's, it's. It sucks. There's no way to live.
[00:28:57] Speaker C: Oh, you gotta pace yourself. So. And speaking of your employees, I had an experience just yesterday. I called in. I knew you were either. I knew you were just finishing up your show, but I called in because you. I say if we need help, you know, with our, with our Texas coin, let you know, got a woman named Kathy. She turned me over to a name, Sarah. Sarah spent probably 15 plus minutes on the phone with me. I am not good with the cell phone and tracking my tags on the cell phone. So I wanted to do an online on my computer. She walked me through from website address all the way until I knew how to work my way around this dashboard. And I just, I don't know if Sarah is, you know, amazing like that to everybody, but boy, I had a good experience. You know everything Joe is about to tell you, you know when he says that he' if you're old like me and you're having trouble accepting the new digital world. Coming. Call Sarah.
[00:29:51] Speaker D: Holy cow, I've got a bunch of superstars here.
One of the things, I'll be honest, I was very much like you guys when bitcoin came out. I said, I don't get it. It doesn't make any sense. Why would anybody invest in this? I mean, we don't even know the guy who created it. No. And holds hundreds of billions of dollars now in bitcoin and we don't even know the guy's name. And how does all this work? And then of course we saw all the bank. You know, I heard you talk about Blackrock, the owner of everything, right? They just came in and I was always the one saying I love the idea of bitcoin because why do we pay these horrible fees to these banks? They make our life miserable. They threaten to debank you all the time.
They charge outrageous amount money. If you ever look at your bank on the Better Business Bureau you'd be shocked that no one gets more complaints than banks because they treat people horribly. And then of course, Bitcoin was supposed to be a non central bank, right. We could kind of use our own money and not have to give it to the banks. And then of course, what happened? The banks took it all over. Right. They're the ones that run it all. I, like you saw the writing on the wall. Digital is coming. It's coming like a freight train. And we better be able to know how to operate in this space. I heard you talking about all these meme coins, all these pump and dumps. It is true. It's the wild west of financial stuff. And you got to know what it is that you're doing. You know, now you got, listen, people throwing dildos out at WNBA games because they're going to launch the next meme coin. Right? That's what that was about. That was a mean boy.
[00:31:46] Speaker C: When I talked about that two weeks ago, I believe I said the word marital aids.
[00:31:52] Speaker D: Yeah, it's, it's. And of course I didn't figure it out at first. And then my son said something to me and the very next day I'm like, of course, the very next day, oh yeah, by the way, this is going to be the new meme coin. And this and that. Here's the thing.
We, we had been looking for a certain type of a crypto that we could partner with, bring our customers with it, get people into the space, get us ready.
And we looked and looked and looked for almost two years. We gave up. We just said that it's not out there. You know, we do gold and silver. That's what I've done. I've been doing this for over 22 years. Patriot Trading Group, the company that I own, we've been in business 30 years doing gold and silver and it's a great, great store of value.
But in this modern world, it's not practical to trade gold and silver as money. It just isn't practical.
Can you back something with gold that's over? Sure. Can you actually make money? Probably not, no. It's just not going to happen. But this digital thing was coming and then we found Texas Coin. And really one of the advertisers that advertises with me on my radio show brought this to us. And after we took a deep dive in, we said, this is it. This is a coin. And Texas coin. You're not allowed. Big hitters aren't allowed. The most money you could possibly spend is just under $27,000.
You can spend as little as $995 and you are what we call a miner, which means you get coins every single day.
We are not a permissionless coin, which means anybody can mine it anywhere in the world.
Elon Musk could throw together a hundred million dollars of mining equipment and be the number one holder of all the coins.
That's not allowed. We are permission based, I don't want to say bitcoin. We are permission based, cryptocurrency coin, which means you have to actually be a miner to get the coins. You can buy it on the open market just like you can all of these other coins.
But this, you get to be a miner, which means you get coins every day. And of course, those of you that know crypto, they go for about 137 years. So you still got about 135 years of this.
So this is going to have to be handed down to the kids, the grandkids, and for some of you, the great grandkids. But the best parts about this, it's only mined in Texas. We're in a layer one phase right now, which means we're building the mine out. The mine will be full when it gets to 100 million mega hash. You don't really need to have to understand what that means. The mine is going to be full by the end of next year. So you won't be able to be a miner anymore. All you'll be able to do is buy or sell the coin on the exchanges. But the other thing is it's only mined in Texas. It is the only crypto in the world that is only mined in the United States only, and in this case, only in the state of Texas. When the mine is, the build out is completed, it will be the largest independent mine in the world at that 100 million mega hash. And I think that has a lot of value.
The, the other part that made it really cool is we get to help you through the whole process. I owned no crypto. I didn't know anything about crypto. But with texit, they've shown us how to. You can, you'll learn how to get on to Coinbase or Kraken or Dextrade, or Bitmart, whatever exchange it is that you want to do, you learn all the new terminology.
We actually have monthly meetings in Phenix or you can for some people. Hey, I need to learn in person.
Great, we'll do that for you. For others, we've got a video library, a tutorial library of how to do these things, how to how to take this and turn it into something that's going to give you income for the rest of your life. And for those of you that really go after this, you can make the potentially a life changing amount of money.
But the formula is very simple. You get about four and a half dollars per seat that you buy on the to become a minor. So for $995, you get about four and a half dollars a day worth of coins.
The coin, when I started to give you an idea, and I only started it was the second to last day of April.
It was about 55 cents. Right now it's about $2 and 10 cents.
And as this mine grows, as we keep buying this mining equipment, we keep putting it online.
We went from I was minor like 3,000 yesterday, we passed minor 15,000.
We'll have a mine of about 300 to 400,000 people when it's over, which is like I said, at the end of next year.
But that was the cool part. Being allowed to help people learn how to deal in this space, to learn what it's about without being at risk. Because in the crypto world, you send money to the wrong place. You don't get to call American Express or Bank of America or anybody, oh hey, I screwed it, you know. But that's not. That charge wasn't for me. Take that off in my account or give me my money back. The money's just gone. So you really do need. And you talked about a handful. There are so many crappy cryptos out there. Listen, the government doesn't want you to hear this. The banks don't want you to hear this.
But that's really the cool part. We do this together.
I would say the people that, that are under me, I would say 90% of them didn't even have a crypto exchange account.
90% of them have never bought a crypto, Sold. The crypto don't know how to buy or sell it. They don't know how.
How do I take the coins I get every day and get that money into my bank account? Right. Those are the things that, that we help them do and help them learn and have someone to actually call and say, hey, I'm confused.
How do I do this? How does this work?
And that was, that's really what makes this project so unique.
[00:38:52] Speaker C: So, and let me, let me interject something right there. When you, when you're first talking about it. I listened for a while. I didn't jump in right away.
Actually at one of the men's networking, happiers I talked to you a little bit. So, you know, I'm having a little resistance on my family, but I'm ready to go. Let me dip my toe in the water. You. The next day after that, I called you, you walked me through it, you signed me up. It was super simple. I. In my case, I mean, I didn't want to come down to your shop just because I didn't have time. So I gave you a credit card over the phone. It was a very simple process. When I came in, which was in June, it was 97 cents a coin. And then I looked in yesterday, it was about $2.10 a coin. So it's going the right direction. My whole thing is people that are reluctant to do this, people that are scared.
You made it so simple. I would take that objection off the table.
We have been in my office, something we've said for 30 years, that I've been there long before that with my father. We believe in diversification and moderation. Do I think people should sell everything and buy gold and silver from your company? I do not. Do I think everybody should sell their gold and silver and buy Texa coin? I do not. Do I think that we're going digital and you better start learning how to do it. And if you want a good coin that has a lot of opportunities to start, I mean, yours is the first one that I pulled the trigger. And I promise you, I've been watching them. I really, my office manager And I, in 20, I believe it was 16.
We talked each other out of buying bitcoin. Think about that for a second. I would be a multi, multi millionaire now. And Anthony who says, yeah, but you would have sold it when it ran up from under a dollar to, you know, 10,000, you would have sold it like, absolutely not. I'm a gambler. I would have sold half of it. I would still have a position. I have marijuana stocks. I'm a conservative financial advisor in Sun City. But in my own Schwab account, I have some over the counter pink sheet, if you will, marijuana stocks. I've had about 20 of them over 20 years. Do I smoke pot? I do not. Do I think marijuana is coming federally legal because of glaucoma and cancer and compassion? No. It's all about revenue. So I'll tell you what. Moderation and diversification. I have pot stocks. I have fixed annuities. I have mainstream blue chip stocks that pay good dividends. And you know what I'm adding now? Crypto fricking currency. I just wish I would have done it years ago, but maybe things work out for a reason. And this is the one that's going to pop.
[00:41:22] Speaker D: Yeah. And I think that that. And this is what I tell all of my people that that are with us.
If nothing else, this is real. There's actual. You can actually go to Texas if you want and go see the mines. They'll. They'll gladly allow you to see it, see how it works. It's fascinating.
Hundreds of servers. We call it in the soup. We have the storage containers that are set up just to do mining. You get 200 servers and they're in this liquid because it'd be so hot.
But it's amazing the amount of energy and costs that are in these things to actually be these meme coins, they just make them up. Right? I could make up one.
J.R. me and you can make up our own cryptocurrency tomorrow if we wanted to.
And if people would be willing to buy it. Right. I guess it would have value.
[00:42:26] Speaker C: But I have breaking news. That's funny you say that. Breaking news. There's a new Joe Jr coin coming out next week. You'll hear on the bottom floor.
[00:42:34] Speaker D: We're gonna pump and dump you for sure. But the.
[00:42:38] Speaker C: Remember the Hawk Tour coin?
[00:42:40] Speaker D: Yeah. Oh, yeah, right. That's another one right here today, gone tomorrow. But guess what? The people that were in first made all the money and everybody else lost. This is the exact opposite. The people that are in first, they can't make any more than the people that were in, you know, tomorrow. That. That. That is one of those things where the guys that created this, they didn't give themselves hundreds of millions of coins so they can control it. Right now you could. You could take the top 150, 200 holders of this coin and you still wouldn't have 50% of the coin. So this is how spread out. And as the mining community grows and grows and the mine continues to grow, it becomes even more impossible for that. Nobody can dictate, you know, crash the price, drive the price up. They don't allow. Like I said, they don't allow for the big investor. If you said, Joe, what's the average person investing? Somewhere between 3 in $9,000 is kind of the average. Like I said, the max. Max. Max is just under 27,000. They won't let you put any more money in because they don't want you to have too big of a piece of the pie that you can do things to the coin, manipulate the coin, do any of those things.
And that's really, what's special. And the other part is transparency.
Number one, you want to talk to the guy that founded it, you can. His name's Bobby Gray. He has Zoom meetings twice a week that anybody can listen to.
He's out there on telegram. You can message him if you want to.
And like I said, the support staff is truly amazing.
[00:44:33] Speaker C: Yeah, I can attest to that.
And I have a question for you.
So, bottom line, they're. They have plans, they have a growth trajectory that they're. They're working on.
You know, tell me a little bit about the $16 mark. I mean, give me a little idea on what the expected and. Yes. And by the way, Matt, I know you know this, and I know people listen to this show. We said a lot. We are not making any specific recommendations ever. This is general information.
When I'm saying that I bought this. Anybody that knows me knows that I bought this. They know how uncharacteristic that is for me to buy this. We are not recommending you buy this. We're informing you of this. So I want to be very careful. But with that said, I mean, you know, I mean, there's some optimism on the horizon. Tell me a little bit about that.
[00:45:21] Speaker D: Yeah, the. The owners, they just put it out there in plain sight. They've had this plan to $16 since the coin was $0.02.
They have certain targets that they produce, and it's all out there for everyone to see. The next target, which we're actually ahead of schedule, is going to be $3 and 35 cents. They were supposed to get there in August. They're now saying that we're going to be there in September. And they're like, well, how can you predict?
And it's just really a math equation.
The amount of new miners joining and building the mine, the size of the mine, the amount of people that say, hey, wait a minute, we want to use your mine because you're 20 times less in fees than Bitcoin or Ethereum, and build upon your mine.
And that's really laid out. And like I said, the person that got me into this, he joined them in October. And I want to say the coin was 6 cents.
I joined in April, and he had told me, joe, they have this plan. They've never missed the mark. I've been in since the end of April. They've never missed my.
The only thing they've done is hit the marks sooner.
16 by February, it was called the Plan to 16.
Obviously, at $2.10, we still got a ways to go. We'll see. I don't know.
But I can just tell you the growth of the size of the mine and the growth in the number of miners. We just broke a record for number of miners joining in a single week.
The last 10 days, about 300 miners a day have been joining anywhere from $995 to the 27,000 level.
And it's been truly amazing.
But they also have their next plan is 16 to 100 and that really involves our mind will be complete at the 100 million mega hash level.
They have a bunch of interest, particularly foreigners wanting to use companies wanting to use the, the Texit mine to build on top of our mind. And that's really when you get into, you know, why is Bitcoin or Ethereum successful?
They're big enough that companies can build on top of it because you need transactions done quickly. You need the blockchain technology to track it and you got to have a reliable network to do it. And that's exactly what Texacoin is building.
[00:48:15] Speaker C: Nice.
So. And if people want to get involved, do they? How do they research this? Do they.
[00:48:26] Speaker D: You just. If you want to go to your search bar, text it T E x I T coin or you can do the simple thing, mine the word like M I N E txc mine txc one word hit enter. That takes you out to the main page there.
Kind of go to the help section. You can see the plan to 16s there. All of the tutorials are out there. You can check it out for yourself. If you want to talk to us personally about getting in or any questions you have, call the 800 number at Patriot 800-951-0592. If you go to allamericangold.com you'll, you can get that number there as well.
And then like I said, we have meetings. Our next meeting is Wednesday the 20th from 5:30 to 8. It's going to be at Barrio Brewing right inside the Deer Valley Airport. There. That's a place, a really nice brew house in the Deer Valley Airport, 7th Avenue in Deer Valley. And that's going to be on Wednesday.
And that meeting in particular, it's going to be a great one because it's going to be how do I sell my Texas coin and turn it into money into my bank account. So we're actually going to show people exactly how they go about selling all the texts that they've been earning every day.
[00:50:03] Speaker C: So. And somebody like me who basically once I get to where I want to start selling it, I'm going to Keep my original position, I'm going to start selling on profit. All of that is going to be easy enough to do.
[00:50:15] Speaker D: Yes. And it's, it's something where just like anything else, once you get it set up, that stuff gets saved in your phone and your computer. It's, it's, it's, it's pretty easy to do. And then it's just a click of a few buttons and next thing you know that buddy's going into your account and it doesn't cost. You know why, you know, send in a wire for, they want $35, they want this, they want that. You, you do it for pennies.
[00:50:45] Speaker C: All right, and next question. I generally, I, I've, I've kind of always downplayed or whatever. I, I kind of poke holes in MLMs and multi level marketing things. You know, I think part of why, because I've never been on the bottom floor of one. I think part of it is the people that, that get involved and they do okay. I mean, you know, as long as there's a valid product, as long as it's not a scam.
So in a way, is this still, I don't want to say an mlm, but is it still the structure? Is it still early enough to get in and be on a more bottom floor or is it, this is binary.
[00:51:23] Speaker D: Yeah, I hate that mlm. I'm like you. All of us have done one. It always works the same. You got to pay every month. You never make any money at it. The guys at the top make it all. This actually only takes some of the good parts. So first of all, once you're in, you're in, right? There's no monthly fees.
If you don't want to, hey, I don't recommend this to anybody. I'm just going to keep my mouth shut.
You'll have enough coins to get your investment back in six months.
The average right now is just under 120 days.
But if you do decide, hey, you know what, I want to turn this on to people. I think this is a great thing. I'm in it now. I understand it.
If you bring more miners to Texas, you have the opportunity to get some more shares.
But that's it, that's all there is. And nobody can make more. The guy at the top, all of that is capped out and everyone can make the same amount and that's all they can make. And so it's really interesting right now the mine is 6% full.
But to give you an idea of how fast things are going, it took them almost six months to get 1% full, five months to get 2% full.
The last percent from 5 to 6% took about eight days.
We're very quickly going to be approaching to where, hey, every day another percent of the mine is full. And like I said, the bind will be totally, totally full by the end of next year. So once the mine is full, however many coins a day you're getting, that's what you're going to get every day.
[00:53:12] Speaker C: I hate to cut you off, but I know we have one minute left. So reach out to me, reach out to my office. Let me hook you up with Joe. Let me get you involved. If it's something you have interest in, moderation, diversification, I'll explain my thoughts. So with that said, as Anthony always says, come see us. We have no pressure, no quotas, no minimums. We'd be honored to be a second opinion.
Joe, thank you so much for being here.
[00:53:37] Speaker D: Yeah, and one thing real quick, if you heard us on this show, please tell us that. Please tell us that so we can make sure that Junior gets his props. So please do that. God bless everybody. Junior, I'll see you soon.
[00:53:52] Speaker C: Sounds great. Thank you so much, Joe. All right, buddy. Thanks everybody for being with us.
We always value your friendship and your support. We'll see you next week right here on 960 the Patriot, Saturday at noon.
[00:54:07] Speaker B: Thanks for listening to another money show. You deserve to work with a private wealth management firm that will strategically work to protect your hard earned assets. To schedule your free no obligation consultation, visit anothermoneyshow.com investment advisory services offered through Brookstone Capital Management Management, LLC, a registered investment advisor. BCM and Rochford Financial are independent of each other. Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents. Investments involve risk and unless otherwise stated, are not guaranteed. Past performance cannot be used as an indicator to determine future results.
[00:54:45] Speaker E: When you were younger, did you ever make a dumb financial decision you wish you could take back? As you're nearing retirement, are you worried one wrong move could wipe away all your years of hard work and savings? What if I told you it doesn't have to be like that? If you had a financial mishap during your working career, at least you know you had paychecks coming in to replenish that money. So why should your retirement be any different? Most companies stopped offering pensions decades ago. But what no one tells you is you can fund pensions yourself. Give yourself the peace of mind of having income you can never outlive in retirement by adding a pension as a part of your retirement plan. Assets come and go. Income is forever. I'm Anthony Correo, co host of another money show airing Saturdays at noon on 960, the Patriot and the fourth generation of financial Advisors at Rochford and Associates in Sun City.
Reach out to us and let us help you self fund your own pension today at 623-52-304.
That number again is 623-52304.
Or find us on the web at anothermoneyshow.
[00:55:56] Speaker C: Com.
