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March 7, 2025 - The David Knight Show
54:39
Trump’s Wild Card Chaos: Gerald Celente Exposes the Billionaire Freak Show and Power Grab
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All right, and joining us now is Gerald Slenty.
Always a pleasure to have him on and to see what he thinks.
He has a great track record as a discerner of trends.
And it's pretty hard to tell, as he said last time, Trump is a wild card.
He is absolutely wild.
It's chaotic.
It's back and forth and back and forth.
You know, just on the tariff issues and things like that and what's going on with Panama.
Always great to have Gerald on.
Again, you can find his publication.
It's a weekly publication, Trends Journal.
You can save 10% off with the code KNIGHT. And he has a wealth of information.
It's not fluff.
It's not, you know, entertainment news about what's happening in Hollywood or whatever.
This is real news about what's happening in financial markets as well as what is happening geopolitically.
It's always great to have you on, Gerald.
Thanks for coming on.
Oh, thanks for having me.
Thank you.
And, yeah, the Trends Journal, by the way, it's $2, and when you get it from night, $2.50 a week.
Nothing.
And this week's was 219 pages.
People say, I can't read 219 pages.
You read what you want.
It's a magazine.
Geopolitics, economics, socioeconomics, high-tech science, AI, technocracy.
We cover the world.
And what we do, for example, like the Israel war going on, we subscribe to Ha Ha That's the Israeli newspaper.
We pay to go on to it.
We also go to Jerusalem Post, Times of Israel.
Want to hear what they have to say.
We go to IRNA, ISNA, Press TV, Tehran Times.
Want to hear what the Iranians have to say.
Go to Al Jazeera, go to Arab News, Middle East Monitor.
We want to hear what the Arabs have to say.
We go to DW, we go to Euronews.
Want to hear what the Europeans have to say.
We go to the American media, and then we say, this is what they're saying.
This is our analysis.
This is where we see it going.
Other than people with little minds the size of a pea, I like Fox because Fox likes Trump.
They hate Fox.
I go to MSNBC. I want to listen to their crap.
How could people call themselves Republicans, Democrats, conservatives, liberals?
How about having an open mind and calling yourself a political atheist and just looking at facts for what they are?
That's right.
That's right.
That's what I've always done.
I hated, you know, Time and Newsweek.
I've said this many times.
Oh, well, they're supposedly objective.
No, they're not.
I'd much rather go to an opinion piece like National Review.
And the nation.
Find out what they're saying.
They're diametrically opposed to each other.
Hear their arguments about what they're saying, and then make up my mind.
And that's what you do with Trends Journal.
Exactly.
Exactly.
And I have to tell you that, you know, the more subscribers we get, the more positive the prospects for change.
I've been at this...
You know, my books, best-selling books, Trends 2000, Trend Tracking, on and on.
I've been at this 45 years.
Never before in my life have I seen such a volatile presidential time.
Never, ever.
And never a better time for a new third party.
I wasted two hours of my life watching that Trump do his...
By the way, we own the trademark.
Presidential reality show.
Two hours of his spewing out crap and bringing out all these people to show the great things he did.
And the stupid little gutless little Democrats over there.
Yeah.
Now, bro.
I know.
It is pathetic.
Never been a better time because if there wasn't Trump, there'd be no Republicans.
Again, As I'm watching this thing, I'm seeing that little jerk, Mike Johnson, with the Vance next to him, standing behind him.
It's a freak show.
A little clown show with Trump in front of him.
A freak show in front of everybody's eyes.
So the slime ball, not one word in the two hours about the genocide being committed.
By the United States, stealing our money, another $4 billion, to keep slaughtering the Palestinians, bombing Gaza into ruin.
Oh, Israel bombing Syria, taking control of more of their land.
We can't have terrorists in our territory!
It's not your territory!
It's stolen land!
Oh, in violation of the Geneva Convention, Article 242 of the United Nations.
Oh, no, no, we're settlers.
No, you're not.
You're colonists.
Driving out 40,000.
I'm in Kingston.
You've been up here.
23,000 people.
I'm thinking to myself, they just threw 40,000 Palestinians out of their homes in the West Bank that Israel has illegally invaded since 1967. Hardly a word in the major media.
Nothing.
Nothing.
Oh, yeah.
Oh, and now how tough Trump is.
Hey, if you don't bring back them hostages, you're going to pay for this.
Hey, how about, oh, you don't call the hostages the thousands, the tens of thousands of Palestinians that you put into prison for nothing.
Oh, they're not hostages, they're prisoners.
Oh, and that little jerk, that little jerk, a little clown of nothing, a little moron of a scum.
Rubio, oh yeah, he goes with the cross on his, the ashes on his thing, telling him, oh, how upset Trump is he's on Fox about, oh, every time he sees these pictures of the hostages, oh, how terrible.
Hey, how about the Palestinians whose homes have been bombed to ruin?
How about all these little kids that got their arms blown off, heads blown off, dead?
How about the hundreds of thousands according to the numbers that have been killed?
How about the two million people that have nowhere to live anymore?
Hell with them!
We don't care about them!
Well, you get these dueling atrocities, you know, people will say, well, look at how the mob cut the heads off of these, whether that happened or not.
It did happen.
Yeah, you got the fog of war, but you also got this back and forth, and the issue is that they don't want to stop it.
You know, I talked about what a just war is.
A just war is when you're attacked, okay?
Well, did they invite the attack and that type of thing?
But if you come after civilians and you do it relentlessly, you get to the point, I talked this last week about, I said, you know, look at Robert E. Lee, for example, right?
He could have continued that war indefinitely, but when you get to a point where you don't have any possible way that you're going to win something other than you're just extending this because...
You know, you're going to wind up just killing people for no purpose at all.
And if what Israel is saying is that, well, we've got to keep attacking because we haven't gotten to Hamas yet, well, then that says that your strategy isn't working and that you can keep doing this forever.
And if that's really what you want to do is to get Hamas, then you're just going to keep killing civilians.
So it's not justified from that standpoint.
But I think we're all seeing what they really want is to get everybody out, as Trump made it very clear.
We want to set up a resort here.
So it really is about the money.
It's not even about getting Hamas.
But even if it was about getting Hamas, it still wouldn't be justified because they're not able to get Hamas.
They're just killing civilians.
And so it's not justified.
No.
And look what they're doing in the West Bank.
They have no right being there.
It's in violation of the Geneva Convention and UN Article 242. They are colonist invaders.
And I'm tired of hearing this crap that God said to Abraham 3,500 years ago that this land is your land.
Does God have locked you since 3,500 years ago?
Come on, hey God, come on down and say this land belongs to them.
I don't want to hear this fairy tale.
And these are all Eastern Europeans.
They're Ashkenazis.
A-S-H. K-E-N-A-Z-I. Ashka Nazis.
That did not convert to Judaism into what?
About 1100 A.D.? They're not Semites!
The Palestinians are Semites.
Mesopotamia region, those are Semites.
So don't call me an anti-Semite.
Oh, what's Netanyahu's real name?
Oh, Milikowski?
I forgot.
Oh, what was Ben-Gurion's real name?
Oh, Green?
These are invaders.
They are Eastern European invaders from Russia, from Ukraine.
Ashkenazis, Khazars.
And they're making up this fairy tale.
I've had it.
I've had it.
Oh, and how about that jerk?
Again, these are all daddy's boys.
I can't stand the crap spewing out of RFK Jr.'s mouth last week.
Yeah.
Did you hear about that?
Oh, this week.
Oh, yeah.
Yeah, it's a health issue if you criticize a foreign government's policies.
Yeah.
Yeah, it's a health issue.
Yeah, yeah, yeah.
How terrible it is.
And you're an anti-Semite if you could...
Who are you talking?
A little daddy's boy.
A little drugged-out daddy's boy.
You'd be nobody, man, if your name wasn't Kennedy.
Just like that little Georgie Bush.
A little boy with a pair of cojones smaller than a mothball.
My daddy was George Bush.
My grandpa was Prescott Bush.
Oh, you're the guy that did the deal with the Nazis.
Oh, the Kennedys that used to do the dirty deals bringing...
Booze from Canada during the...
Oh, that crime syndicate?
Yeah.
Oh, yeah.
Yeah.
Oh, and Trump.
You know, I had lunch with his brother, Robert, back in 2017 at a restaurant over here in Wasaac, across the river.
He goes on to tell me that when the father died, I think the father died in 2002, he left a family...
Over a half a billion dollars worth of real estate.
That was back, what, 20 years ago?
How much is that real estate worth now?
Trump is nothing more than a little spoiled daddy's boy.
All these people are little spoiled daddy's boy and it's one big club.
Oh, you're talking about BlackRock.
Oh, what's the guy that runs?
Fink!
Fink!
A fink!
Rad fink, yeah.
Yep.
And again, when you and I were young men, there were no venture capitalists.
There were no hedge funds.
There were no private equity groups that now own everything.
BlackRock, Vanguard, and State Street own 88% of the S&P 500. Three companies, 88%.
It's a crime syndicate.
Look at the billionaires and the Trump club.
If you're not a rich person, shut your damn mouth.
You have no right in this country.
And that's all he wants now.
I mean, if you've got $5 million to pay me, you get the gold card and you get to come in.
And he's going to give them special benefits, too, that American citizens don't have.
I mean, they won't have to pay taxes on income that they earn outside of the United States.
Well, Americans have to pay taxes on income that they earn outside of the U.S. But these people will come in and buy this favor with Trump.
Won't have to do that.
Yeah, they're looking to, you know, bring in more super elites to hang around with them.
Maybe they get a discount off of Mar-a-Lago membership or something, right?
But that really is truly the case.
What do you think about this Bitcoin reserve thing that they're going to announce today?
You know, when we looked at Bitcoin in the past, you know, he surprised everybody.
Again, So unpredictable, as you pointed out, he's a wild card.
He comes out with these three different cryptocurrencies that are really about processing transactions.
They're highly centralized.
They're not at all like Bitcoin.
And everybody says, whoa, wait a minute, what happened about Bitcoin?
And oh yeah, Bitcoin will be the heart of it, along with Ethereum.
But these other three that are out there, these are mostly owned, highly centralized and owned by these companies.
They're for doing transactions.
What is your read on this?
Is this just crony capitalism and corruption?
Or is there something that he's planning with the Bitcoin Reserve?
What do you think?
I don't know what they're planning, but it's definitely crony capitalism and corruption.
Every time that they do something, you think the team's betting on what they're going to do, and they know what they're going to be doing next.
And they're going to make up something.
They're going to make up something to do away with it.
Look at the equity markets.
The Nasdaq is in correction territory.
It's down over 10% from its high.
Mm-hmm.
They're going to do everything they can to jack it up and make as much money as they can in any way that they can.
Look at this little...
Again, here.
And, you know, when you talk about the whiplash stuff, you know, where the tariffs are on and tariffs are off again, all these guys like Lutnik, they know that the way they make money is by making the market go way up and go way down.
They make money off of that volatility.
And so if you look at this administration as really just being kind of a, you know, robber barons, okay, then the chaos and everything really kind of makes sense from a corruption standpoint.
It is how Trump has always operated, of course, as a...
As a personality as well, but it also makes sense from a corruption standpoint.
I'm telling you, they know what they're going to be doing, and they play the markets on it.
They play the game on it.
Yeah, they may come up with Bitcoin or something.
They're going to do everything they can to try to get rid of the debt level that they have.
They're going to do it, and they'll make up something.
This Bitcoin is worth this.
We've got all this money.
We did away with the debt.
As I said, how about the BS that we're going to go into Fort Knox?
Yeah, exactly.
I wonder what they're trying to pull in terms of public opinion and public fear and everything with that.
And it is just a show.
I've compared it to Geraldo Rivera going into Al Capone's vault.
It's going to be a show.
There's nothing going to come out of it.
Look at the pieces of jerk.
Look at that.
How about a piece of stupid, arrogant crap?
Look at the jerks out there.
That they call the media.
So going back to Fort Knox, yeah, we're going to go in there.
They know exactly what's in there.
They know exactly what's in there.
And we wouldn't know anyway if they went in.
I mean, we're going to see some pictures of some shiny gold stuff.
They know what's in there.
They're making a show.
So here's one of the things that I suggest might happen.
I don't, did I tell, if I told her story, it cut me off.
When I was a young kid, I'm about 17 years old, and my father, may he rest in peace, tells me this story out of nowhere.
You know, when your grandfather said, I was dating your mother, 1933, they got married in 34. I go to your grandfather's house and he's wrapping up all his gold coins.
He had a load of gold coins.
Oh, yeah.
You did tell this story.
Yeah, you did.
Yeah.
And so it's pretty amazing.
As a matter of fact, I talked to Tony yesterday and he said somebody, I think it was Rickards, went back and looked at it and he said they saw that they wrote that they claimed that there was way more gold that they had at the time than they actually did.
So FDR, the certificates that he's putting there for the money, They inflated it by 70%.
They turned it in.
My grandfather and the people that gave it back, they got like $20 and something cents an ounce.
The next year, they passed the Gold Reserve Act, 1934, and they raised the price to $35 an ounce.
And then they changed the number of ounces that they had.
I mean, if that wasn't bad enough, they changed the number of ounces that they had.
They lie about everything, don't they?
I just saw that Lutnik is talking about how they're going to come up with a different calculation for GDP. I think that's pretty ominous.
Yeah, I think that's pretty ominous because that means that he expects that GDP is going to be going in the wrong direction, doesn't it?
That's right.
We talked about that yesterday in my podcast.
So going back, they're going to say that they got more gold than they have.
They're going to raise the price of gold.
They did it before, and they're going to do it again.
That's my bet.
Let me ask you about the Sovereign Wealth Fund, because that's another thing that's been thrown out there.
And you've had both Lutnik and Besant and the thing with Trump talking about the fact they wanted to put the U.S.'s assets to work.
A lot of people believe that that's going to be...
Public land that the federal government claims that they own, but they don't constitutionally really have a legal right to own land except for forts and ports.
But the bottom line is that there's a lot of public land, and I think that's something else that they'd like to sell to foreigners or whatever that they would like to liquidate.
You had Doug Burgum, the former governor of North Dakota, who's now the interior secretary, said in confirmation hearings, he said, yeah, we got like $200 trillion worth of land in this country, and we're going to put those assets to work.
Same thing.
Is that what you think they're going to do with this sovereign wealth fund?
Because that's a little bit different thing than the Bitcoin thing.
You think they're going to try to do a land grab or auction off the land to foreign investors?
What do you think is up with that?
I don't know.
I don't know.
They're going to come up with anything.
It's a wild card.
Who can get away with this?
When I get elected, my first day in office, I'm going to put a 25% tariff on Mexico and Canada.
First day in office?
I'm going to wait until February 1st.
February 1st comes?
Put the tariffs on.
February 3rd comes?
I'm taking them off.
I'm going to put them on on March 4th.
March 4th comes?
He puts them on.
We're going to change the tariffs.
I'm not going to do it as much as I said we would.
I mean, who can get away with this crap?
And I'll tell you who can get away with it.
A guy that lies right in front of your face.
Again, I wasted two hours of my life watching that BS thing that he did to Congress the other day.
And here's one of the things that he said.
That when he was president, quote, we had the most successful economy, you ready?
In the history of the country.
Yeah.
That's why I don't watch these things.
No, I gotta watch.
Because I'm a trend forecaster, I need the facts.
Lying in front of everybody's eyes, not one person, none of the media.
So I looked up the numbers, right?
The GDP grew 2.8% from 2017 to 2021. When he was president.
You know how much it grew under Biden?
3.2%.
Under Jerry Ford, 5.4%.
Under JFK, 5.2%.
It keeps going on.
You're not even close here.
And of course, they're saying, well, it was COVID that did to him.
But he was the one who came up with the lockdown stuff and everything.
And of course, we now know COVID wasn't real.
But that really was his responsibility.
It wasn't something that China did to him.
I'm sorry, go ahead with the next metric that's there.
No, the other one was the stock markets did go up.
It went up pretty good during his thing.
Oh, you remember that December 2018 was the worst?
Dow, since the Great Depression, 1931, and what did he do?
He forced Powell to lower interest rates than he did in January, artificially propping up the markets.
Remember the repo crisis that you and I talked about as it was going on.
That's right, yeah.
And again, it wasn't the best one.
It was much higher under Bill Clinton, the equity markets.
But he throws out the lie, one lie after another.
Yeah.
And the people swallow it.
And that thing was nothing more than a promo of all he talked about was all of the illegal aliens coming in.
That's great.
I'm totally supportive of that.
Great.
But you've got to go on for how long?
Yeah.
Oh, yeah.
How long I've got to hear about this?
Yeah.
Oh, I agree.
I agree.
Yeah, when I look at those things...
I try not to watch them live, and I try to get it after the fact so I can just get a transcript and then do word searches.
What did he say about this or that, or did he even mention this type of thing, you know?
Because it is always just excruciatingly slow, especially when you're watching it live.
You can't even make him go, like, at two times speed, you know?
Again, it's a reality show.
Yeah, it is.
It is.
That's what it is.
That's all it was.
He was still doing his show.
Well, you know the thing that surprises me, Gerald, is that he put in...
The USMCA, which I'm not a fan of.
I don't like NAFTA. I didn't like USMCA, which he rebranded it, just like he renamed the Gulf of Mexico.
He renamed NAFTA and called it his own.
But this latest pullback, first of all, it was the auto companies coming in and lobbying Lutnik.
And so they said, OK, OK, we'll pull back for you.
We'll give you another 30 days.
But then the other stuff that they did was they pulled back and...
They've got 38% of the goods going into Canada and 50% of the goods going into Mexico are protected by this trade agreement that Trump put together and signed and was so proud of.
And he didn't remember this, of course, but nobody in his administration, all these supposedly great financial minds like Besant and Lutnik and everything, they were completely unaware that there was this treaty.
And that if they violate this treaty, they get drugged before an arbitration court, and they get thrown out.
And so that's why they're pulling this stuff back, and in 30 days, none of that stuff is going to change.
It's still lying about all this stuff.
And again, what's making up this 30 days crap?
I know, I know.
It's just because he wants chaos, I guess.
It's strange.
They're arrogant people.
They call the guy Bessett.
What's his name?
Bessett?
Scott Bessett, yeah.
Soros' buddy, yeah.
Right.
Former Soros guy.
You ready?
Mm hmm.
President Donald Trump's sanctions against Iran are designed to shut down the country's oil industry, quote, and collapse its already buckling economy.
Treasury Secretary Trump.
Mm-hmm.
Sanctions against Iran aggressively, quote, for immediate maximum impact, Bessett told the Economic Club of New York.
You mean the crime syndicate of New York, the Economic Club.
Are they a sister branch of the World Economic Forum?
I mean, it sounds like that, doesn't it?
We are going to shut down Iran's oil sector.
And drone manufacturing capabilities, end quote.
Okay.
What has Iran done to the United States?
Better question is, what has the United States done to Iran?
As we've talked about that going back to the 50s, it's incredible what's happened with that.
Yeah, people have no idea.
People have no idea of that little, no, get it.
George Carlin said it's one big club and you ain't in it.
What was his name?
Kermit Roosevelt?
Theodore Roosevelt?
I'm not the grandson or son of a...
Yeah.
Oh, and Winston Churchill?
A murderous piece of scum crap who people look up to?
Again, the only newspaper that reported this in 2017 was the Financial Times when they finally released the CIA data.
From 1953, 2017. How the CIA and the MI6 overthrew the democratically elected government of Mossadegh, Mohammed Mossadegh, in Iran.
In 1953. Because he had the nerve to say, no, no, that oil belongs to the Iranian people.
Not Anglo-Iranian oil, better known today as BP. Or Standard Oil, better known today as ExxonMobil.
So he was Iran first?
How dare him be Iran first?
They overturned the government.
They brought in the Sivak, the secret police that murdered hundreds of thousands of Iranians.
They made the SS look good.
Yeah, I've said many times, I know students from Iran when I was in engineering, they were scared to death of the Savak.
They protested what the Shah was doing, but they had, you know, the masks on and all the rest of this stuff, you know, and that's why I asked them about it.
I said, what's going on?
I've got a comment here from Cecilia14.
She said, David, can you ask Gerald what the name of his book he showed last time about his Italian family?
Would like to get it.
Oh, my favorite.
Yeah.
What is that?
I don't have a copy of it here.
They just gave it to someone.
What Zidzi Gave Honey Boy, Z-I-Z-I. What Zidzi Gave Honey Boy, a true story about love, wisdom, and the soul of America.
And you can go to Trends Journal, you see the about, and you get it from there.
Of everything I've written, that's my favorite.
Good, yeah, get it there instead of Amazon.
Go to Trends Journal.
Yeah, and unfortunately, it came out like the week before 9-11.
So we didn't get any coverage on it.
Again, my other one, talking about the Iranian conflict, my book, Trend Tracking, Far Better Than Megatrends, Time Magazine.
That's how I became a trend forecaster.
When little Jimmy Carter came back from Iran, spending New Year's Eve with the Shah and his wife, and said, the Shah is the island of stability in the Middle East.
In the Bronx, we used to say, bullshit has its own sound, you know?
That's when I became a trend forecaster.
Jimmy Carter, you know, that guy that everybody holds up as a moral standard, and he was standing there behind the Shah and Savak as all that stuff was happening.
That's the way this stuff always goes out.
Let's talk a little bit about Ukraine.
You know, what do you think?
I mean, since we last talked, there was that Oval Office...
Fight back and forth that was happening there.
And now the Trump administration has cut off the intelligence that, you know, basically what it showed was that what Putin was saying was true, that these long-range missile programs or anything, he said that has to be operated by American people, and it needs the satellites and all the rest of that stuff.
And so now Trump has cut that off.
And, you know, so what's your take on all this stuff?
You know, you got the saber rattling of Macron and all the rest of these people.
What's your take as to what's going to happen with that?
First of all, I believe if Trump was president, the Ukraine war would long be over because he would not have sent all the money in that Joe Biden sent in.
And as much as I can't stand Trump, if the Biden administration came back, it would just keep going more of the same and worse.
This is just a different freak show.
I agree.
But I totally believe that Trump would not have sent that money, the hundreds of billions that Biden sent, and the war would have been over.
And I think he's going to do everything he can to end it.
On the other side, again, the hypocrisy of sending more and more weapons to Israel to keep slaughtering the Palestinians, and Israel's stealing more and more land from Syria in violation of the ceasefire agreement with Lebanon.
They're in five different areas in Lebanon bombing the hell out of destroying entire neighborhoods, bombing people's homes to ruin, and sending more money for that.
Yeah, so he cuts off the funding for arms to Ukraine, and then they send $4 billion to Israel, and Israel immediately cuts off food to the people that are there.
I mean, you know, it is this back and forth, and it's pretty clear who's controlling him.
But, you know, he's also getting involved in trying to get Zelensky out of there.
They're talking to the different opposition people that are there.
I thought it was amazing, Gerald, the Wall Street Journal.
And they left it there.
They didn't say the fact that, you know, Zelensky has shut down the elections.
Zelensky.
Zelensky arrested his opponents.
They leave this there as democracy.
I'm so sick and tired of democracy being their excuse.
These people don't believe in democracy at all.
None of the people throwing it out there.
This is the Trends Journal in 2014. We've talked about this a dozen times.
It's the United States overthrow of the democratically elected government of Viktor Yanukovych in Ukraine.
People have no idea about it.
Here.
The article was written by Dr. Paul Craig Roberts.
Washington is driving the world to the final war.
How the United States gave $5 billion to non-governmental organizations in Ukraine with Victoria Nuland boasting about it in 2013. You could look it up.
She's at the National Press Club doing the whole act.
People have no idea of the overthrow.
None at all.
But going back to Ukraine, Now look at the stupidity spewing out of the mouth of a little guy like Macron, who you mentioned, with a guy with a pecker probably about the size of this thing, if he has one at all, with his fake little hair.
And another clown, a BlackRock guy?
Oh, they brought in another BlackRock guy that's going to be the chancellor of Germany?
Oh, really?
Oh, okay.
That's right, he was with BlackRock.
One of these technocrat bankers, you know, like they throw out the election.
Look at BlackRock.
The bigs own the world.
Yeah, they don't care about the elections.
You know, Greece would just throw that out, and we'll put in Mario Draghi, and then they put him in over the Greek election, and they put him in twice in Italy, and so now they've got a BlackRock guy that's there in Germany.
In Germany, yeah.
Wow, that's great.
So anyway, now look at how they want to expand their defense budget, Germany.
Oh, you mean the Nazis want to defend that Germany?
Oh, and Macron, they're going to all increase their defense budgets?
How stupid can you be?
How stupid?
You're going to increase your defense budget so you can fight Russia?
Get this in your head.
If you go to war with Russia, it's the end of life on Earth.
It'll be nuclear war and nuclear annihilation.
Nobody talks about this.
Nobody.
And even if you didn't, even if you take the nuclear thing off, which they can't take that off, but even if you did, it's absurd.
I talked about the saber rattling from Keir Starmer and the UK, and I said, oh, okay, look at this.
You know, Russia outnumbers them like 50 to 1 on most of these metrics that are out there.
You know, they go down, you know, what kind of, in terms of jets, in terms of ships, in terms of submarines, not even talking about nuclear weapons.
And it's absolutely...
Amazing.
The hubris of these people, I think, probably just want to get some kind of a military-industrial complex going on there for the money and for the politicians, you know, is what I'm guessing with this.
Well, you should see how the stocks have gone up in Europe on the defense stocks.
That's right.
They skyrocket.
Yeah, they need a European military-industrial complex so they can make money the same way that the people in the U.S. do.
Yep.
But, of course, it's also when you have that military...
Mm-hmm.
Look at him.
Yeah.
Look at these little gutless little boys.
Oh, and how about the arrogant jerk that we have over here, our Secretary of Defense, Hengson?
Yeah, yeah.
Could you get a more arrogant piece of scum?
Yeah.
Oh, oh, and we're going to fight China?
Yeah.
It got sown.
You haven't won a war since World War II. Yeah.
And you wouldn't have won that one without the Russians.
Oh, don't say that.
Oh, yeah.
The Russians were the first to beat the Germans.
After the Germans, Operation Barbarossa killed over 20 million of them.
You remember Eisenhower made the deal, they held back so we could get in there, right?
You forgot that one?
You haven't won a war, you lost the Vietnam War, you lost the Iraq War, you couldn't beat the Afghans, you're going to beat the Chinese, 1.4 billion people, and the largest naval fleet in the world.
Yeah.
Yeah.
Yeah, a lot of hubris.
But, of course, the problem is that, you know, they create this build-up, a European version of the military-industrial complex so the politicians can make a lot of money, graft and corruption, that type of thing.
Then, you know, it does come along.
The military-industrial complex then wants a war because they want to sell even more of these weapons.
And they want to test their weapons.
And so, you know, when you look at Europe...
And the history that it's had, you know, it's one of the reasons why Washington said no foreign entanglements, because they're at a constant state of war.
That's been the situation for centuries.
And here they are.
They're still at it again.
And now they're going to rearm, and it's Trump who's been pushing them to rearm.
He pushed them in his first term, saying, if you don't increase your spending, we might leave NATO and all this other guys.
But the net result was that he got them to increase their spending, and now he's going to do it again.
Perhaps that's his role, why they put him in place.
I don't know.
Yep.
And again, how stupid can you be?
Yep.
Berlin seeks long-term EU exemption for defense.
Financial Times.
Mertz on Tuesday.
This is the guy who's the BlackRock guy.
Friedrich Mertz.
I know.
I was laughing about that.
They got Fred Mertz.
I wonder if Ethel is going to be there as well.
We're in big trouble.
He said that the country would do whatever it takes to defend European peace and security.
Oh, and if only women were in charge?
How about that clown lady?
That Vandalian?
How do you pronounce her name?
The one that's the head of the NATO? Yep.
We've also got Ursula, who's fond of lying.
Yeah.
European leaders in recent days have accelerated plans to increase the continent's, quote, rearmament, as von der Leyen put it.
Lying.
Lying.
Von der Leyen.
Yep.
Ursula is fond of lying.
Yep.
That's right.
Von der Leyen encouraged EU's 26 capitals.
To use the four-year exemption from fiscal rules for their military budget.
You ready?
Quote, A new era is upon us.
Europe faces a clear and present danger on a scale that none of us have never seen in our adult lifetime.
She said, adult?
You're still a kid.
What are you talking about?
Adult.
Oh, oh, Russia hasn't.
They haven't threatened Europe.
Why are you saying this, you liar?
Again, I'm tired of hearing this crap.
They don't say that.
If only women were in charge, there'd be peace.
Oh, yeah, about Hillary Clinton.
We came.
We saw he died.
Once you found out Gaddafi was dead.
Well, we just had this last week.
They had the Danish prime minister.
Her name is Fredriksson.
She said, peace in Ukraine is more dangerous than the ongoing war.
Does this sound like Orwell?
War is peace.
Ignorance is strength.
You know, I mean, it's absolutely insane what they're doing.
Next, she's going to be telling us.
Samantha Power?
You forgot about, how about Samantha Power?
How about Susan Rice?
Condoleezza Rice?
Mm-hmm.
Oh, and they're black.
You mean black women were for war?
Again, I'm tired of hearing about this race, creed, and color crap.
Good and bad comes in everyone.
I don't want to hear this garbage anymore.
Yeah, yeah.
Well, that's how they control us.
And of course, you know, it's also...
Part of that is how Trump can get away with so much of the stuff that he's doing, because everybody just trusts him.
Oh, well, I know it looks like it's bad, but it's just 4-D chess, right?
And so, you know, they get these people, and when you buy into that identity politics, whether it's like, oh, well, if it's a woman, it's good.
If it's a black person, it's good.
If it's Trump, it's good.
You know, they just buy into that, and they're not actually looking at the policies, and that's what...
It gets really dangerous about this.
But, yeah, Macron is trying to set himself up, I think, as the Russian foreign minister called him, a little Napoleon.
A little jerk of nothing.
Again, a little clown.
Again, you mentioned that guy Starmer.
A little jerk of nothing.
One little jerk.
Again, as I said, you look at that little Mike Johnson.
It's a clown show!
It's a freak show in everybody's eyes!
You've got to be deaf, dumb, and blind not to see it.
By the way, on to another issue before I forget.
A month ago, March 4th, cover of our Trends Journal magazine, dot-com bust 2.0.
I mentioned to you before, the NASDAQ now is in correction territory.
There's going to be a dot-com bust.
You go, again, we only go by data.
Before scumbag Clinton brought China into the World Trade Organization in 2000, 10% of the 18-year-olds in China went to college.
Now, nearly 70% are.
I'm going back to AI. Young people, everybody's AI addicted.
Totally addicted.
It's a tech world.
China's going to be the advanced nation in AI. It's perfect for the Chinese.
It's more control over the people and all through technology.
They've over-invested in the first companies that AI, trends are born, they grow, mature, reach old age and die.
AI was only born in 2022. It's only three years old.
You don't invest everything in the biggest companies first.
And that's what they did.
They've over-invested in all of these companies.
And China came out.
DeepSeek is out of the news now.
It's the most gone-to AI site in the world.
In the world.
They do it for a fraction of the cost with smaller chips.
There's going to be a dot-com bust.
And I say when all else fails, they take you to war.
They're ramping up war with Venezuela.
Are you seeing it?
That guy, Bess, I just read to you.
And now again, in another article about Venezuela, I just had it here, Venezuela's repression forces hit from Trump oil curve.
And they're going through a tough time.
We have no right doing this to Venezuela.
They didn't do anything to us.
Yeah.
Trump is the guy that tried to put in this little clown.
We wrote about it while it was happening in Trent's journal.
Guaido.
Juan Guaido.
Remember that?
And he totally failed.
Totally failed.
They're doing everything they can to cut off oil.
To keep...
Bringing up the oil prices in America so America sells more oil.
They're trying to cut it off from Venezuela and they're cutting it off from Iran so United States oil companies can make more money.
They're ramping up war.
And Israel and the United States are going to ramp up the war against Iran.
And again, Trump lied his way into office as being a peace candidate.
He just did this to Venezuela, cutting off their oil.
We're renaming this Gulf of Mexico the Gulf of America.
We're going to take over the Panama Canal.
We want Greenland.
And Canada, you too.
Yeah, that's right.
That's the most amazing hubris right there.
He lied, as he always does.
Yes, yes.
I agree.
Yeah, now we've become, you know, the national anthem is being booed everywhere at sporting events now because of this Canadian nonsense that he's doing.
But, you know, I thought it was also interesting that it came out that there was secret negotiations with this Rick Grinnell guy, who was his temporary DNI first term, that he's in Switzerland talking to Russia about doing a partnership with the gas pipeline stuff, reopening some of these, Pipelines that were blown up and having a partnership there with it.
Not that they would actually run it, but that they would have some of his investor buddies.
Again, we're always back to this crony capitalism and the robber barons, except this time he spells baron with two R's, right?
So, you know, it's all these people who are going to be making money like the old railroad guys in the late 1800s.
And so he's got some money men who want to be a part of this, and that appears to be maybe some of the deal that they're putting in on the side.
Because it seems like every deal that he's going to do, they've got to make some money for him and his friends.
Yep.
Yeah.
Again, look at this cabinet.
All the billionaires.
The billionaires club.
Yeah.
Yeah.
They said, if you're not a billionaire, shut your mouth.
You have no right in this country.
Before, by the way, you were talking about Amtrak.
I call it Amcrap.
It's ridiculous.
Go to Europe.
Oh, China has trains going how many miles an hour?
I believe, again, they destroyed this country when they did away with the rail system and trolleys and all that and put railroad vehicles.
They destroyed whole neighborhoods.
You go to New Haven, Connecticut, what a mess.
All over.
Roads going through the middle of the cities.
I believe that the transportation system, I'm totally in favor of having a national transportation system.
Totally in favor of it.
I'm all about individual private cars, and it seems like they're hell-bent on making sure that that doesn't happen.
I don't want them controlling my...
I remember, Gerald, I'll tell you the story.
My audience has heard it when I was in Raleigh.
Little Raleigh, they had a woman who had just gone to Russia.
And she said, I could go all over Moscow and only pay a nickel.
And I said, no, it cost you all your freedom.
You know, to have something like that.
I don't want the government running my transportation system.
Yeah, I do.
Because the transportation system stinks in this country.
And rather than putting the money into the military-industrial complex, imagine if we put that money into high-speed rail.
But they won't even maintain the roads.
But they won't even maintain the roads.
You know, this whole thing about congestion pricing up there in New York City, when Trump shut that down or whatever, you know, that fight that's going on there.
So their response is, okay, so we're going to widen the bike lanes and, you know, put a road diet because they're doing everything they can to get rid of the – they're trying to create congestion.
They want to get rid of cars, so they won't fix the roads.
They make the roads narrower.
And if they won't fix the roads, what are they going to do?
What's that going to do with the railroads?
I mean, they're not going to maintain the railroads either.
Yeah, that's what I'm saying.
The whole country is a joke.
Yeah, they don't care.
They don't care about any of that stuff.
All they care about is making money.
I agree.
Let's talk a little bit about China, because I saw an interesting take about the Belt and Road Initiative, and it reminded me very much of the International Monetary Fund when it was under Robert McNamara, you know, the whiz kid that did the Vietnam debacle.
And so he goes from Vietnam to the International Monetary Fund, and he would encourage all these countries to borrow money from the IMF and build up their infrastructure.
Except that they didn't build up their infrastructure.
They built up their welfare state and basically put them in debt to the IMF. Now, what China's doing is a little bit different.
They go in with this Belt and Road Initiative, and they say, you know, we're going to finance this for you.
We're going to build a lot of infrastructure for you.
And then they overbuilt it, like in the case of Pakistan.
This is what this article was about.
They overbuilt the infrastructure there, and it is costing a fortune.
It's like half of what these Pakistanis get on average on a monthly basis if they just run a couple of lights in an oven.
It costs them like $60 a month, and they've got $120 a month that they're doing there.
And so they put these countries into debt to China, building infrastructure that is more than they need.
In many cases, it's not functional, but they still owe the money.
And so the question is, you know, when we look at China and how they overbuilt internally, they're overbuilding externally as we move forward and everybody's, you know, pushing in trade wars and tariffs and all the rest of this stuff.
Again, give us an update on where you see China and their internal economy and what kind of a risk that presents to the international financial system in peace.
What do you think?
China overbuilt, as you said.
They have like 90 million vacant apartments, 60, 90 million.
And with every boom, there's a bust, and they made a bad situation worse by three years of zero COVID policy that destroyed the lives and livelihoods of hundreds of millions of people in the country.
So, what they're getting back, because what they're doing is they're buying less and less foreign products and becoming more self-sustaining and self-sufficient.
Just like what happened with Russia when they put sanctions on Russia.
We said, no, Putin's not going to pay the price.
They have the human and natural resources to be more and more self-sufficient.
And that's what's going on with China.
And this whole AI thing is now changing the whole scheme.
Just like that.
Just like that.
You're looking at how the stocks are going up all of a sudden in Hang Seng and others because of the AI thing.
And that's the future.
So it may balance out to a little bit, but their debt level is still going to increase.
They have a debt-to-GDP level of over 300%.
So they're way overbuilt, way overspent, but they're going to become more and more self-sufficient.
They need to change the way they calculate GDP. That's problem solved, right?
Let's talk a little bit about gold.
Because another thing that I thought was interesting was the fact that with all this Trump tariff stuff and everything, everybody's like, well, get this stuff in here now.
The car companies are bringing in the engines and the parts before the deadline is supposedly going to hit.
And a lot of that happened with gold.
They said it's not just the gold that's coming in through London, but massive amounts of gold out of Switzerland and everything, to the extent that Zero Hedge said it actually was a significant part of the trade deficit, you know, buying foreign gold and bringing it in.
Well, tell us a little bit about what's going on with gold.
Again, you know we've been positive on gold.
One of your top trends for 2024 was a golden year for gold.
Gold prices went up last year 27%.
They're up over 12% now.
Central banks are buying it up.
There's all of this uncertainty going on in the world.
And so we're very bullish on gold.
Again, we don't give financial advice, but we see gold breaking over $3,500 an ounce.
And it could go much.
Again, it's the wild card that they're going to say again that we have more gold.
This is our goal of raising the price of gold.
I agree.
And I think they're going to do it.
They're going to make gold a gold standard again.
Oh, and by the way, before I forget about Iran, that's very important because if Israel and the United States go to war against Iran, you're going to see oil prices spike, markets crash, and again, the dot-com bust.
When that happens, gold prices are going to skyrocket.
So we're very bullish on gold for those two reasons.
And again, it was Trump that killed Soleimani.
Everybody forgets that.
Oh, yeah.
Not Iranian commander.
Yeah.
And he threatens them, you know, don't you try that against me.
It's like, well, maybe you just thought about that before you did that.
Yeah, it's, you know, when things get really chaotic and volatile like they are now.
People are going to run to gold, even if some of these other things don't happen.
And so I really do think that is going to be the case.
A couple of people here, real quickly, Dustin Helm, thank you very much for the tip and high boost.
He says, Health Impact News used you as a source yesterday.
First time I've seen David use as a source for making waves.
Thank you so much for letting me know that.
I didn't know that.
But, yeah, I like the research that he's done on the turn that RFK Jr. has done with these vaccines and everything else, as well as speech.
And the anti-Semitism stuff.
So it's always a pleasure having you on, Gerald.
And again, I just want to remind everybody, if you go to trendsjournal.com, and you can use the code NIGHT, and you can save 10% off of the subscription that's there.
And it's a great magazine.
As you pointed out, it's got 200 or 300 pages that you're doing each week.
And it's an online magazine so that you can quickly hop around from topic to topic.
It's a very nice format that you can read online.
It's not like a regular website.
It's an online book that you can flip through.
So it's a really great format and great information that you've got there.
Thank you.
So, again, thank you so much for that.
And I'll just read one more quote here before we go away.
Denver Attaway says, Children's Health Defense and RFK Jr.
I call him now Dr.
I call him RFK jab.
I've been calling him RFK jab.
I call him RFK jab.
Have adopted very different messages on MMR. Children's Health Defense blames the measles on a new vax.
RFK jab.
Ain't talking about any of that.
Yeah, that's right.
It truly is me.
Well, again, that's the end of the show.
Everybody, have a great weekend.
Again, Gerald, it's great having you on.
Don't forget, folks, the code NIGHT, and that's going to get you an entire week's worth of information at Trends Journal for just a little bit over $2.
Thank you so much, Gerald.
Thank you.
Thank you for all you're doing.
Thank you for having me.
Hello, it's me, Volodymyr Zelensky.
I'm so tired of wearing these same t-shirts everywhere for years.
You'd think with all the billions I've skimmed off America, I could dress better.
And I could if only David Knight would send me one of his beautiful grey MacGuffin hoodies or a new black t-shirt with the MacGuffin logo in blue.
But he told me to get lost.
Maybe one of you American suckers can buy me some at thedavidknightshow.com.
You should be able to buy me several hundred those amazing sand-colored microphone hoodies are so beautiful.
I'd wear something other than green military cosplay to my various galas and social events.
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