Prepare For Reset; Digital Dollar Is A DRILL | Francis Hunt
Liberty and Finance: 11-27-2022
Our guest today is Francis Hunt, The Market Sniper. In the recent shutdown of the FTX cryptocurrency exchange, he lost funds in the debacle.
“We’ve scenario costs and thought through how things break down, and still I got nabbed. Take a lesson from me,” he says, “There is real counter party risk.” He says the collapse of the FTX exchange is simply a microcosm of what is to come for the greater financial system.
Digital assets are at extreme risk, he says. The rollout of the Digital Dollar is a not a “test” but more like a military drill, he says.
A monetary reset is coming.
Everyone should prepare by holding physical assets like precious metals, he says. “Holding your wealth is 9/10 of the law.”
INTERVIEW TIMELINE:
0:00 Intro
2:11 FTX scandal
8:54 Financial system
15:05 System reset
24:10 Preparedness
28:25 Fiat system
37:25 The Market Sniper