Timestamps: 00:00 Intro 00:10 Tabbatha 01:29 Winston 01:52 Winston 03:09 $40 Trillion Debt: The Only Exit 04:14 How Governments Quietly Devalue the Dollar 04:23 Post-WWII Debt Melted Over 20 Years 04:49 Oil Spike Flows Into Food and Rent 08:54 Two Stories Behind the Stock Crash 09:09 Samsung, SK Hynix, Micron (MU) Memory Up 700% 09:20 Data Centers Consume 70% of Global Memory 09:35 Memory Maker Stocks Fall on Panic Selling 09:51 NVIDIA (NVDA) Circular Financing Loop Explained 10:01 NASDAQ Worst July in 24 Years 12:04 S&P 500 Concentration at Extreme Levels 12:33 Index Funds Are Concentrated Tech Bets 12:43 Smart Money Rotating Into Safer Ground 13:00 Central Banks Loading Up on Gold 14:05 Three-Move Plan for Your Portfolio 14:10 Move 1: Cap Your Idle Cash 14:37 Move 2: Invest in Pricing-Power Assets 15:12 Find Moat Stocks With the Winston App 15:56 Move 3: Buy Toll Booths Not Exciting Names 18:30 Join Felix Live at 10X Summer 19:19 Outro
AI Generated·May contain errors
Video Summary
AI Generated
The speaker argues that the US government is intentionally devaluing the dollar through financial repression to manage its $40 trillion debt. He warns that inflation and a tech-driven market bubble threaten cash and traditional portfolios, urging investors to shift from speculative tech stocks and index funds toward \"real\" assets and essential economic infrastructure to preserve wealth.
Three things just happened that are not supposed to happen in the same week,
and when you put them next to each other, they tell you exactly what's coming for your money.
That's what Tabitha just told me here.
Number one, we got a war that shut down one of the narrow strips of sea
that a huge chunk of the world's oil sails through.
The price of oil shot up.
Number two, the big American tech market just had its worst stretch in over 20 years.
Trillions just gone on the most famous names in the world.
And then number three, and this is really strange,
at the exact same time, the price of the memory inside your phone,
your laptop, and every giant data center on earth went up almost 7x.
So the companies that make this stuff are getting crushed in the stock market,
while the price of the stuff they're making is exploding.
That's weird, isn't it?
It's not supposed to be possible,
and almost nobody is connecting these three dots,
but once you do, you will see the one machine driving all three.
So stick with me for a few minutes, I'll show you the machine,
a simple plan so you can come out the other side wealthier,
instead of quietly paying for all of this out of your own savings,
your own salary, your own portfolio, without ever being told why.
Now, before we go deep, there's going to be a lot of information in this video,
I tend to do that.
So, Winston here is sleeping down here,
wanted to make sure this is going to really land for you.
So he's going to give you a full bonus research report
with everything that we're covering here, plus a lot more.
You can download for free at felixfriends.org slash reset,
link is in the description down below,
so grab it and you can follow along or you can read it afterwards,
felixfriends.org slash reset.
My name is Felix, this is Winston here, and he used to be an investment banker,
which means he understands how the big money machines really work.
And I'm the one who, you know, feeds them and takes them to the beach
and that sort of stuff.
And these days, we also run something called the Goat Academy
with a group of retired Wall Street mentors.
And we've taught well over 20,000 people in the last six years.
And what we do here is we hand you the same playbook that the insiders use,
just in plain English, so you don't need a finance degree.
So here's my promise for this video.
By the end, you'll understand the whole machine.
You'll know exactly what you can do about it this month with your own money.
So let me lay three facts on the table here.
Nice and slow, right?
One, a war and very expensive oil.
Two, a giant tech stock crash.
And then three, a price, the price of memory,
running the opposite way from where it's supposed to go.
And the news doesn't seem to really connect these three scary stories
as they present them.
And they're not really three separate stories.
They're one story.
And the real story isn't war or tech stocks or gadgets.
It's about your money and which side of a very single line here
you happen to be standing on.
Most people don't even know the line is there.
So let me draw it for you.
And then you'll see all three things at once.
The thing underneath it all is the US government owes $40 trillion.
And that number is now so big, it means sort of nothing.
So let me shrink it.
If you counted $1 every second and you never slept,
never stopped, you never ate,
it would take you over a million years to count to a trillion.
And they own 40 of them.
But the part that actually matters is that this is not,
it's not about the debt.
It's the interest.
What they pay just to borrow the money,
which is about a billion dollars every few hours,
just to stand still.
So a government in this spot has three doors out.
Door number one, we should have a pretty lady opening a curtain,
shouldn't we, behind.
Door number one is spend less.
Well, you'd get voted out by lunchtime, so that doesn't happen.
Door two, tax people more.
Also a really wonderful way to get yourself fired if you're a politician.
And then door three is quietly make each dollar worth less.
So the giant bill shrinks without anyone really getting it.
And guess what?
They've picked door number three.
Yes, you won.
And it's not a conspiracy.
No, it's just the only door that doesn't get them fired.
And we know this works because they've done it before.
After World War II, the US owed more debt than it does right now
compared to the size of the country.
And they didn't pay it back.
No, no, they just kept interest rates low.
They let the money quietly shrink for 20 years,
your money, your dollars.
And the debt sort of melted from that giant pile down to a few ice cubes.
And now if you put another war on top and expensive oil,
well, expensive oil doesn't politely sort of stay at the petrol station.
Over the next few months, it's going to walk into your food,
your delivery costs, your rent, everything you buy.
So no matter what the Fed's promising about,
price is going to come down.
No, the number affecting you in your life is definitely going up.
And if you've got money sitting mostly in tech stocks and maybe in your bank,
you are standing on the wrong side of that line.
And the next few weeks, in my humble opinion, are also the biggest opportunity.
This isn't a doom and gloom video, by the way.
This is a huge freaking opportunity gifted to you if you really understand it.
And I've written down my exact plan for the rest of this year.
I know what I'm buying.
I know what I'm selling.
And I know what's quietly broken in most people's portfolios
because I've seen thousands and thousands of people's portfolios.
So I want to teach that to you.
Now, I could make it a document, but no one's going to read 68 pages
and then actually implement it.
This doesn't happen.
So what I'm going to do instead is this.
I'm going to teach it to you live.
And I call it the 10x summer because the next four weeks,
this August, are the biggest opportunity we've seen in a generation.
So how do you join us?
You go to 10xsummer.com.
You sign up.
It's completely free and you show up live.
There won't be a replay.
And I'll explain to you on the live summit
the exact stock that I'm buying very heavily right now.
It's actually an index fund, believe it or not.
And the whole thing is free.
It's not going to be me giving you a couple of fish.
I'm going to teach you how to fish.
And then, yes, I will also show you what I'm fishing right now.
So I'm going to spend two full hours with you.
There won't be a recording.
It's not your sort of usual thing.
So bring your questions.
We work through what actually works while this four-week window is open.
And I'll show you where I'm putting my serious money right now.
If you're going to show up for yourself
and learn that and take advantage of what I call the 10x summer,
right, I'm in down below in the comments.
And feel free to share the link with anybody else
who you think might want to be in on this too.
So let's talk about shrinking.
Not a Zen pic.
No.
Although it is quite fascinating to see what's happening to some people.
It's quite, quite, quite, quite, quite interesting, actually.
And the way politicians present this is they use the word inflation.
But forget about inflation.
Inflation isn't prices going up, no.
It's your money getting smaller.
Same wallet, same notes, but smaller notes.
And here's what that looks like over a lifetime.
$100 back in 1913 buys what about $3 buy today.
The dollar lost 97% of its power.
And nobody informed you of that, right?
There wasn't a vote on this.
And this isn't sort of a side effect.
No, this is what governments need.
Economists, one of these, they call it financial repression.
And I want to apologize on behalf of all economists for the terrifying name
and just generally being dull and boring.
So in plain English, financial repression means
they melt the debt like an ice cream in the hot sun.
And you are, in plain English,
financial repression means they melt the debt like an ice cream in the hot sun.
And your money is the ice cream.
It's all the good kind of ice cream.
It's the bad kind of ice cream.
So if you're sitting in cash, you're getting obliterated.
If you earn a salary, you're getting obliterated.
Now, if you own real things, property, gold,
really strong businesses, really strong stocks,
you're on the other side of the line
in the same force that shrinking cash is actually lifting you up.
Now, be honest for a second.
Right now, today, which side are you actually standing?
You're standing on the wrong side or the right side?
Put it down below in the comments.
Be good to see where everyone is at.
Back to that strange thing from the very start.
The stock crash, right?
People get this wrong.
So let's do it properly.
There are two separate stories here that happen to collide in the same week.
Story one, the memory makers,
the big three companies that make memory inside your phone,
laptops and data centers,
Samsung, SK Hynix, Micron, you've probably heard of.
The price of their product is up about 700%
because there isn't enough to go around.
Why?
The giant data center bill that is swallowing it all up.
Data centers now take about 70% of all the world's memory.
A couple of years back, it was only 25%.
I did warn you there was going to be a lot of data in here, didn't I?
Sorry about that.
So that's real.
Genuinely scarce memory.
Genuinely expensive.
But their stock fell in this panic because when fear takes over,
everything gets hold at once.
The good and the bad together.
Scared people don't read the fine print.
Story two, there is a circular money trap.
And actually, this little chart here, if you can see it.
Can you see it?
Can you see the love tonight?
It shows you that we are having the worst July in now 24 years for the Nasdaq.
That's like a generation, 24 years, right?
This is not a little dip.
And then story two, this is called the circular money trap.
And the company that makes the most powerful engines
that run all those data centers is at the center.
Very different product, not memory.
It's chips.
And the problem is a very different problem.
Now, the guy you called the 2008 crash is pointing at it right now.
And here's the trick in sort of very simple terms.
The big tech companies have started lending money to each other.
The engine maker, that's of course NVIDIA,
helps to fund its own customers new data centers.
So that customer can then turn around
and buy more engines from the engine maker, NVIDIA.
So money is running around in a cycle, in a circle.
Round and round and round she goes.
And it can look like this unstoppable boom until somebody says,
hang on, who's paying for this?
And that's when the circle stops because it's a house of cards.
And this week, the market started to sneeze.
Now, I was telling you about this more than a year ago.
You should look it up on the channel.
So what's the lesson?
Don't buy the excitement.
Buy the toll booth.
Buy the thing everybody has to pay for to cross
whether the crowd happens to be cheering that stock this week or not.
And if you're feeling a little bit dizzy,
good.
It means you're paying attention.
Well done.
It sounds like condescending, doesn't it?
Right, right, right.
Condescending twitch in the comments
if that's what I come across right now.
Because this is the kind of knot that we untangled here.
We're going to do it live.
We're going to do it in plain language.
We're going to do it this weekend, this Saturday.
Because I believe the next four weeks are the biggest opportunity.
And also the biggest pain for people who don't know what they're looking at.
So go to 10xsummer.com, bring your questions.
There won't be a replay and show up for yourself.
And maybe you're thinking, I'm just an index fund investor.
I've got a retirement account and so on.
Even if you've never bought a single stock yourself,
you are in the middle of this.
The stock market is very, very crowded.
The most crowded it's been in 30 years.
The 10 biggest companies are like 40% of the S&P.
And there's a chart here.
And if you can see that, this is 2026.
NVIDIA, Google, Apple, Microsoft, Amazon, so on are basically the whole market.
In 2000, the top 10 companies were 25% of the top of the market.
So you get the idea this is getting pretty extreme.
So if you're buying an index fund, you're just buying tech stocks.
So this idea that you're diversified by buying a big index fund is kind of bollock.
So what is the smart money doing in a moment like this?
Well, they're rotating out of the crowded, popular, exciting names into safer ground.
Gold typically gets bid up.
Now, the war in the Middle East put some pressure on gold selling
from some of those countries in the Middle East.
Temporary, in my humble opinion, doesn't mean you should run out and buy it.
I'm not a financial advisor.
But the world's biggest and most cautious money managers, the central banks,
you know, the guys who print all the money, well, they're buying gold.
So they're stepping off the crowded boats
while everyone's on them and partying like it's 1999.
So when regular investors don't have a plan,
they do one of two things.
They panic sell at the bottom.
I mean, we're not there yet, probably.
Or they freeze and they do absolutely nothing
while the smart money quietly scoops up all the bargains.
And either way, you end up on the losing side.
So picture the next month very clearly.
Expensive oil pushing your prices up.
The biggest stocks in your retirement account are shaken.
And the cash in your savings and your salary are melting like that ice cream in the sun.
So it's not really a wait and see kind of a moment, is it?
The window where we are right now means we either get positioned right
or become the money that the smart money sells to on the way out.
So enough of scaring you.
This is the part I actually enjoy the most here,
because seeing the machine is useless unless you know what to do.
So here's my simple three move framework here for a year like this.
Just three.
Movie number one, don't drown in too much cash.
Yes, keep a cushion.
Three to six months of your heart built.
So surprise never forces you to sell anything.
It's just a sensible thing to do.
But money beyond that cushion parked in a savings account will lose money.
It'll shrink like that 1913 dollar is now worth three cents.
Don't be the ice cream.
So it's not safe to have cash, in my humble opinion.
Move two, own things that go up when the dollar goes down and when people panic.
Two kinds of things do this.
First, hard assets, good property, gold.
And yes, over a longer period of time, also really good companies.
What do we mean by really good companies?
Pricing power companies.
And it means these guys can put up their prices.
And you're going to keep buying it anyway without even thinking about it.
Think about in your life what you're paying for right now,
where you would still buy for it if the prices went up 10% tomorrow.
You just continue exactly as normal.
And we actually have all the data filled out inside the Winston app.
Just go into the stocks bit here.
Click on highest rated.
And you can select whatever market you guys invest in,
whether it's North America or the US or France or you know,
go to a bit or somewhere else.
And then click on moat.
And just look at the companies with a 10 out of 10 moat.
And those are the ones with pricing power.
And there are actually tons of them.
You just need to know what that looks like.
And I'll put a link down below for you so you can play around with that for free.
I'll put a free trial down there.
And that's basically what I'm doing right now.
And I've been doing that for quite some weeks and months.
And that allows us to find these kind of companies without a finance degree, right?
So moat is the word you want to remember there.
I'll put a link down below to the Winston app.
Move number two is sell the pickaxes.
What the heck does that mean?
In the gold rush, the people who reliably got rich were not the ones digging for gold.
No, no, no.
It's the ones selling pickaxes and shovels.
And everyone else was digging and they were just chilling, right?
With a margarita.
I went for a pizza yesterday, so I may have a margarita.
And you said the pizza or the drink, which I thought was quite witty, actually.
Anyway, today, don't try to guess which exciting companies wins the race.
That's the way I would put it.
Just buy the pickaxes.
The plumbing, the payment rails, the exchanges, the custody companies, the boring tollbooths.
The whole system has to drive through.
And it means you don't need to pick a winner.
Much, much, much, much simpler.
So let me tie the whole bow together because you can now see it all together.
We have three disasters.
One machine.
There's a silent tax that's quietly going to take value out of every dollar you hold.
Tremendous amounts of value.
97% since 1913.
We have a tech boom that is a circular self-financing circle where everybody gets happy because
everybody keeps passing the money around.
And it should beg the question of asking, well, who's actually paying for this?
And then we have a market where just a few giant companies basically make up the whole
stock market if you're buying the index fund.
And we're all in this because almost everybody watching this has some sort of pension fund.
And then you have the system.
And the system is loving this because it's moving money from the people who don't understand
it to the people who do.
So the only question left is, which side of that line do you choose to stand on?
It's incredibly unfair.
And we can go and march on Wall Street or any of that.
We can go communist.
It doesn't work very well.
Does it ask a North Korean?
So the part of what you do about this is completely up to you.
And our whole mission here is to actually give you that teaching, give you those skills.
It's not rocket science.
If you've met bankers, you know they're not that smart.
Here is one.
So I'm going to leave you with this.
You can see the machine.
But seeing it and knowing exactly what to do with your own money this month with your
actual savings and your actual stocks, those are two very different things.
One's a skill.
One is awareness.
And the gap is where people lose years of savings, retirement.
And that's the entire reason why I'm going to do this for you this weekend.
I call it the next four weeks are the biggest opportunity.
I believe they are.
You can join me live at 10xsummer.com.
Bring your questions.
It is going to be free, libre and about two hours long.
It'll be just you and me and, of course, Winston.
And why do I not do a replay?
Because it doesn't land.
I've tried it.
People don't watch it.
You got to kind of be there to really absorb it because it's a little bit skill dense.
And that's really the goal there.
So put it in your calendar and show up.
It'll be a time zone that works for you lot in the Americas, you lot in the communist
states of Europe, you lot in Britain, formerly great and everywhere else pretty much in the
world.
So that's why I time it like that.
So most of the world can actually join us.
And if you got some value out of this, just share it with somebody else who might get
some value out of it.
The US bond market just flashed a warning sign.
It hasn't shown since 2007, the last year before the big one.
Japan just dumped 66 billion dollars of US.