4.8 • 1.2K Ratings
🗓️ 1 September 2023
⏱️ 40 minutes
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0:00.0 | Hey friends welcome back thank you so much for being here thanks for tuning in to |
0:13.6 | another edition of SGT report guys we have so much to cover today we believe golden |
0:18.4 | silver is poised for the big move as the economy is ready to crumble and then collapse. |
0:24.0 | Gary Gensler continues to get his butt handed to him at every turn twice now recently |
0:28.7 | first with ripple now with the grayscale ETF the bitcoin trust more on that in just one |
0:34.1 | second let me welcome our returning gas bob cuddla how are you sir I'm doing great |
0:38.8 | shot how you doing I'm doing very very well you know I know my audience doesn't love |
0:43.4 | the bitcoin crypto thing but I want to lead with this because it's very very refreshing |
0:48.1 | to watch one of these snakes get his butt handed to him this time a federal appeals court |
0:52.8 | ruled on Tuesday that the securities and exchange commission must reconsider the crypto asset |
0:57.6 | manager grayscale investments application to launch the first bitcoin exchange traded |
1:02.5 | fund they wanted to turn their bitcoin trust into an ETF and Gary said no at every turn |
1:09.7 | shutting them down and so finally grayscale sued and the judge agreed calling Gary Gensler |
1:15.5 | arbitrary and capricious bob I had to look that up I think I have a pretty good grasp |
1:20.3 | on language but I wanted to look up capricious given to sudden and unaccountable changes |
1:26.0 | of mood or behavior used in an example it goes like this it's terrible to feel our |
1:31.4 | livelihood hinges on a capricious boss that one really made me laugh because Gary Gensler |
1:38.6 | is a very capricious boss and this is how he's been treated most recently when he goes |
1:43.4 | in front of the senate or congress did you coordinate with democratic staff and I asked |
1:47.9 | because it happened before and I want to be clear whether you operate of your own accord |
1:52.7 | or whether there's some sort of coordinated approach to the damage that you're reflecting |
1:56.8 | on america's capital markets this committee is not happy with that attitude or performance |
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