On this episode of the MeidasTouch Podcast: On this episode of the MeidasTouch Podcast: It was a brutal day in the markets after Donald Trump declared it a “great day to buy” — and then everything tanked. We break down the apparent pump-and-dump scheme, ask who knew what and when, and examine the ripple effects as the bond market implodes, mortgage rates shoot past 7%, and China mocks America’s instability. Meanwhile, Trump’s authoritarian regime continues to “disappear” people, a supposed MS-13 leader has charges dismissed in a shocking turn, and a leaked clip shows Trump bragging about how rich his friends got after his stock scheme. Plus, the SAVE Act, the GOP budget, and a Supreme Court update in the Abrego Garcia case. Ben, Brett and Jordy break down that and more on today’s episode. Subscribe to Meidas+ at https://meidasplus.com Get Meidas Merch: https://store.meidastouch.com Deals from our sponsors! Vessi: Take the first step toward adventure with Vessi. Visit vessi.com/MEIDAS to keep your travels comfortable and dry. Explore confidently and enjoy 15% off your first pair at checkout! 3 Day Blinds: For their buy 1 get 1 50% off deal, head to https://3DayBlinds.com/MEIDAS. Oracle: Go to https://oracle.com/meidas and see if your company qualifies for this special offer. DeleteMe: Get 20% OFF your DeleteMe plan! Go to https://JoinDeleteMe.com/MEIDAS and enter code: MEIDAS at checkout Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices
Chapter 1: What caused the brutal market crash after Trump's 'great time to buy' statement?
it was yet another brutal day in the markets today as donald trump continues to crash the united states economy this follows a day where early in the market at 9 0 7 a.m donald trump said now is a great time to buy exclamation point then he signed it djt which also happens to be the stock symbol for trump media Who knew what and when? Was there market manipulation yesterday?
Was this a pump and dump? We will explore and I will give you the legal framework from which we look at the investigation taking shape here. at the Midas Touch Network. Also, the bond markets are again imploding mortgage rates above 7%. If Donald Trump thought by increasing the tariffs against China to what is it now like 145%?
You got to track all these tariffs and what's even going on with all this Trump chaos. But China is not blinking at all. In fact, Xi Jinping through its foreign ministry spokespersons basically mocking the Trump regime. They're showing the MAGA hats made in China now costing more, literally mocking the Trump regime. Also the Trump regime worthy of being mocked as they continue to
to disappear human beings and migrants and by the way y'all remember we reported on this the big ms-13 bus that donald trump said went down where he found the biggest east coast leader of ms-13 well now the department of justice moved to dismiss the charges against the ms-13 leader
They say they're going to go about it in a different way, which I guess means what no due process and just send the individual to a concentration camp in El Salvador. This was after Fox did this whole big like screener on what was going down. We'll talk about that and more. Also, there was a leaked clip.
From yesterday of Trump in the oval office with billionaire friends bragging about how rich he made them should also be noted that before we went live today, we also learned about two planes clipping their wings at DC's Reagan airport. And tragically six people were killed Thursday when a helicopter crashed into the Hudson river near lower Manhattan, another day in Trump's dystopian America.
I'm Ben Mycelis. You're watching the Midas Touch podcast. I'm joined by Brett and Jordy. To say this has been a calamitous week would be an understatement. Of course, I see hope still with the opposition resistance rising. Trump looking weaker than ever, but certainly calamitous indeed.
yeah this is an administration that's in complete disarray let's face it this is an administration that's in collapse but administrations in collapse can do a whole lot of damage and that's what we are seeing here and i don't want to diminish how dangerous this administration is but they are also very stupid and you could be two things at the same time you could be stupid
and dangerous they are dangerously stupid people who are leading us but they are leading us it's this dunning-kruger effect where they think they're these big geniuses they think that this is the best that like they think that they are actually experts in all of these things and they press on with these ill-advised plans whether it be tariffs whether it be signal gate whether it be all the various things that they are doing
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Chapter 2: Was there market manipulation or a pump and dump scheme involved?
Can we just pause for one second? These clips that we've shown are psychotic. There's no way you can sugarcoat it. You ain't seen nothing yet. He had Charles Schwab in the Oval Office and he was bragging about how many hundreds of millions of dollars he made. That's an insane clip. And then you go to... Then he's bragging about putting out his own fire. But here's the kicker.
He didn't put out the fire. The fire's still raging. And then corporate media just glazes him and takes his words. And Donald Trump brags about how the stock market increased.
These clips are psychotic. I got to say, sorry if we have some Wall Street folks who listen to the show, but y'all got to get your shit together, because this Wall Street community, they fall for all this crap every single time. It's like Donald Trump, yes, he issued that pause, right? But he still kept 10% tariffs on the entire world. Still pretty bad, folks. That's still pretty bad.
And then yesterday, he raised the tariffs to 125% on China. Then today, he said, no, it's actually 145%. That alone, even without everything else, is calamitous. That alone is a complete disaster for the U.S. economy, for the global economy. And yesterday, people just kind of bought into Donald Trump's be cool spin.
And then today, they woke up to reality and were like, oh, shit, things are actually still really bad. It's just like, come on, people, Ben.
one of my favorite parts about this show is that jordy's so busy running our marketing operation that i know he hasn't seen a lot of these clips until we're literally showing him on the show reactions from you on the show so you get you get real authentic reactions from jordy and i get to do a gut check of maybe how the audience feels about it like if someone who hasn't seen these clips yeah jordy's seen this for the first time right jordy i'm gonna show you jordan now
donald trump's secretary of agriculture brooke rollins at this cabinet meeting with elon musk by her side as well and i'll show you a clip of what elon musk talks about also where he's like and we're going to like reduce reduce spending by 125 billion dollars you said 2 trillion idiot you think we forget in fy 2026 it's going to be 125 billion in cuts so you just wiped out like 12 trillion from the market
You claim you're going to recover $125 billion. You're going to lose trillions in collections of tax revenue. And then you have the Secretary of Agriculture, Brooke Rollins. Let me play this clip, Jordy, then I want to get Jordy's reaction to it.
This is my favorite new character, by the way.
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