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Dec. 20, 2023 - X22 Report
15:16
Ep 3240a - Retailers Are Panicking, No Bump During The Holiday, Biden Narrative Crumbling
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Music. Music. Music. Music. Music. Music. Music. Music. Music. Music.
Music.
My name is Dave in this episode 3,240 AM.
Today's date is December 20th, 2023 and the title of the episode is Retailers are panicking.
No bump during the holiday.
Biden narrative crumbling.
Let's talk about protecting our wealth.
Geopolitical tensions are escalating.
Inflation is raging.
Despite what they say, stocks are sinking, debt is rising, and your own financial future isn't looking too clever.
Yet gold endures every crisis, wars, disasters.
No calamity has beaten gold.
While paper assets crash and burn, gold endures every time.
You need to take a fresh look at gold steadying your portfolio, and right now, Get a free three ounce silver American virtual coin when you open an IRA with Noble Gold Investments today.
Shield your savings with Noble Gold Investments.
Go to x22gold.com.
Go to x22gold.com.
The only company I trust.
Let's get right into the economic collapse financial news.
Now, the deep state, the corrupt politicians, the private Boston Central Bank, the World Economic Forum.
We can see that their economic narrative is completely and utterly falling apart.
And as Biden, the Fed, the Treasury, as they continue telling the people that everything is going to be great, they have inflation under control, and the economy is bouncing back, because look at the stock market, well, the entire thing is going to crumble right under their feet.
And that's exactly what we're seeing.
Because the entire system is about to tip over and every day that passes something else affects the economy.
Just yesterday we mentioned how all these container ships, well they're going to be rerouted, they have to pay war insurance and their journeys are going to be much much longer.
The global transport and logistics company Kuninagol International, they're saying that more than 100 container ships have been rerouted from the Red Sea around Africa to avoid Iran-backed Houthi militants in Yemen who attack commercial vessels with missiles and drones.
For commercial vessels still transiting the vital waterway that connects the Suez Canal, It looks like these ships are going to have to pay insurance, which means they're going to have to pay quite a bit of money.
And that's going to be at $100 million.
Vessels must pay at least $500,000 per voyage.
So now they have a choice.
Do we take the long journey around the Cape or do we pay this amount of money?
Now, no matter which way you look at this, where do you think all this is going to end up?
It's going to end up where whatever they're carrying, these things are going to go up in price.
So we're going to see inflation continue.
It might not be because of the devaluation of the currency, but we're going to see inflation kick up because of the supply chain problem.
And we're going to see shortages.
And if you see shortages and you have less of it, people then are going to jack the price even further.
So what we see happening right now, we're seeing the entire economic system completely and utterly break down.
The Biden administration, the Fed and the Treasury, they're trying to maintain the narrative that everything is fine.
But every day that passes now, you're going to see more and more of these companies and these shipping vessels, the supply chains and everything else break down right in front of you.
And people are going to see this firsthand.
They might not see it right away, but come the middle of 2024, people are going to start to recognize, hey, something's going on here.
What is happening?
They're telling us that everything is fine.
Now, of course, Biden can blame this all on the war.
But you think people at this point are going to care?
Because that is happening out near the Red Sea.
That's thousands of miles away.
What people are experiencing here in this country is something completely different.
Well, I can't afford to pay my rent.
I can't afford to pay food.
Everything that I purchase now is a lot.
Some things I can't even get because of what is happening.
People are going to experience something completely different.
And you can see the stores already, they're panicking.
We have General Mills already blaming what's happening now on the people because the people are looking for bargains and they're shopping around.
They're being very, very careful.
Why?
Because when you only have a certain number of dollars, you have to shop around and be careful.
General Mills right now say their shares fell at the beginning of the U.S.
cash session after the packaged food company reported a decline in quarterly sales.
It slashed its annual organic sale forecast to flat because of softening demand for snacks and breakfast food.
The maker of Cheerios and Cocoa Puffs reported that second quarter sales for the three months ending November 26 were $5.14 billion down 2% from a year ago and below the Bloomberg estimate of $5.35 billion.
And they're already saying next year is going to be even worse and I do believe this is exactly what we're going to see because as the entire system breaks down...
What do you think people are going to end up doing?
They're going to pick and choose what they purchase.
They're going to look for the best bargains which means that people aren't going to be buying the way they were buying before.
And this is once again going to be added to what's happening in the economy.
The economy is going to shift and everything is going to start to break down.
Now the other thing that's very interesting is we know that Retailers, they usually wait for Christmas because that's when a lot of people go out and they purchase the items.
This is where the stores make a lot of their money.
But this time around, it seems like there's going to be major, major problems because we know the entire economic system is completely breaking down.
We know that we are in a recession, even though the fake news and the economists don't want to report it.
Yes, they'll go back in time.
They'll let everyone know.
Oh, by the way, I don't know if you know this, but back in 2023, the recession actually really started, and we're only realizing That it's so bad because the market's coming down, but it actually started back in 2023.
And this is what they do every single time we have a problem in the economy.
They always go back in time.
But of course, at that point in time, it's too late.
The people already know it.
Remember, there's a difference between the stock market and what's actually happening in the economy.
And we could see that the retailers, well, they're really not getting that bump that they thought they were going to get.
And there was a poll that was done and they took a lot of small business owners.
And 76% said that they had not seen an increase in sales during the holiday season as inflation and other economic conditions constrict consumers cash.
Now, this poll is coming from Goldman Sachs.
And they continued and they said of small business owners surveyed, 55% said that their profit margins decreased this year.
And a further 70% said their own personal spending plans for their families were negatively impacted following their own assessment of the state of the economy.
So, So right now we have the small businesses saying there is problems in the economy.
You're going to see this from the bigger retailers and they're going to report that their sales have declined just like General Mills right now is letting everyone know that yes, their sales are declining.
And I do believe this is just the beginning of the entire economic system completely and utterly falling apart.
Because really think about it.
Why is this happening?
Well, We know that the central bank... Let's talk about protecting our wealth.
Geopolitical tensions are escalating.
Inflation is raging.
Despite what they say, stocks are sinking, debt is rising, and your own financial future isn't looking too clever.
Yet gold endures every crisis, wars, disasters.
No calamity has beaten gold.
While paper assets crash and burn, gold endures every time.
You need to take a fresh look at gold steadying your portfolio.
And right now, Get a free three ounce silver American virtue coin when you open an IRA with Noble Gold Investments today.
Shield your savings with Noble Gold Investments.
Go to x22gold.com.
Go to x22gold.com.
The only company I trust.
They were going to destroy their own system in the end.
Their system only lasts for a certain period of time.
Trump and the Patriots, they knew that eventually they would destroy their own system.
Now, they tried to do it while Trump was in the White House.
He shut them down by forcing the Fed to lower the rates.
They were raising the rates.
For what reason?
Trump had inflation under control.
Trump had very low unemployment.
So why in the world at this time was the Fed raising rates?
I mean, they're raising rates now because they're using the excuse that they're trying to control inflation.
What were they trying to control during this time that Trump was in the White House?
They were trying to control absolutely nothing.
What they were really trying to do, and they know this, they were trying to crash the economy while he was in the White House.
So this way they can blame it all on him and they can usher and bring us into the Great Reset the Green New Deal.
But Trump, he actually turned the tables on them and actually told the Fed, listen, don't raise the rates.
Look, this is going to be bad for the economy.
And the Fed backed off.
Very interesting.
Fast forward to right now, what is happening?
Trump, he's allowing the resident to destroy this economy.
The Fed is going along with it, the Treasury is going along with it, and the people are watching.
Remember, the entire economic system was going to be brought down no matter what.
They already had it planned.
Their plan was, yes, to use the plandemic.
Because they were going to shut everything down for 10 years, the supply chains.
Well, they were going to dry up.
You wouldn't get your merchandise.
You wouldn't be able to get food.
Prices would rise.
You would see massive amount of inflation.
They would try to control it.
It won't work.
People would be panicking in their homes.
And this is how they were going to usher in the Great Reset, the Green New Deal.
Before that, they were going to use a war.
Actually, I think they'd rather have a war because I do believe it's a lot easier for them.
Because bankers love wars because this way they can pay for the war and they can actually then have the people pay for the rebuilding of all the destruction.
And since everything is destroyed and lives have been lost, it makes it a lot easier for them to bring us into the Great Reset, the Green New Deal.
And I do believe this is exactly what they want to do.
This is what they've been trying to do.
Now, at this point, they don't have the ability to do what they thought they were going to do.
And all they have left right now, because the pandemic has failed, is to try to bring us back to war.
And that's exactly what they're trying to do.
And I do believe in the end this is going to completely and utterly fail.
Because all Trump has to do in the end is counter everything they're doing with peace.
Because once you have peace, Their cover story disappears and the economy crashes under the rule of Biden, under the rule of the Fed, under the rule of the Treasury.
And it's pretty much all one in the same at this point.
And at this point, what can the Patriots do?
They can then tell the people, look what they've done here.
They've destroyed our economy.
There's no event.
There's no cover story.
There's nothing.
People saw it play out.
The people saw the liars.
This makes it a lot easier for Trump to say, listen, all we got to do is we got to move away from this system.
And remember, all this time he's been telling the people, look, we have solutions.
We're going to drill.
We're going to pay off our debt.
We're going to bring manufacturing back.
We're going to do, we're going to become energy independent.
We're going to do all these things.
And all we need to do now is to not go with them, not go into the central bank digital currency, not go into the Green New Deal.
And once the people see this, it is game over.
I mean, he does have a weapon that he is going to use, and that is peace.
That's it.
Because once that happens, everything then is exposed and the people see the truth.
And who's left out in the open?
It's the Central Bank, the Deep State Players, and the Treasury.
Janet Yellen.
They're all standing there going, holy crap, what just happened?
The World Economic Forum and the rest, all these different agencies.
They're all exposed at this point, and there will be no escape.
There'll be no deals.
And the people, in the end, they're gonna make a decision of not to go where the central bank wants us to go.
Remember, in the past, they had control of the narrative.
They had control of the fake news.
They had control of social media.
Today, they don't have that.
They're losing control every step of the way, and the people are awake.
The people are thinking logically.
And with the combination of all of this, This is how you can counter their entire operation.
And this is exactly what Trump and the Patriots are about to do.
And yes, 2024, as we go through this year, it's going to get very, very difficult for a lot of people.
They're going to have a difficult time.
And people, they're going to get angry and a lot of people that have been sleeping, they're going to wake up and the people are going to start to realize who has been lying to them and who has been causing all of this.
And as we approach the 2024 election, I do believe this is when the people are going to side with Trump because when the system comes down under the Biden administration reign, of course it's Obama in the basement, What do you think is going to happen?
The people are going to say, we're done with you.
This is how you win against the central bank.
This is how you win against a deep state.
And once you have the people of this country, and you have the people of the world, and they see what the United States is doing, you can then shift the entire world to where you want them to go.
And I do believe the entire world is about to shift.
And the entire economic narrative of Biden, the Fed, the IMF, and the rest, the EU, it's all going to fall apart.
And the people, they're going to see it.
And once the people see it, well, they don't have the people anymore.
And the people then can make that final decision.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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