Hi and welcome to the You're listening to The X-22 Report.
My name is Dave and this is episode 3355 and today's date is May 16th, 2024.
And the title of the episode is Climate Predictions Have Never Come True.
The people know, watch the market.
Let's talk about protecting our wealth.
Gold has been on an unstoppable run.
It has gone up more than 81% in the last five years and almost 20% in the last 12 months.
It is happening.
Central banks are ditching the dollar and U.S.
Treasuries and buying more gold.
The good news?
It is predicted to go up more.
UBS even said it would go up to $5,000.
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Let's get right into the economic collapse financial news.
Now the deep state, the corrupt politicians, the private Western central bank, the World Economic Forum... The more they push...
The more they try to convince people that climate change is real, the Earth is coming to an end, the more they push that, hey, we gotta take everything away from you, we're going to net zero, which means you're gonna own nothing, you're only gonna eat bugs, you're gonna live in a smart city, and you won't be able to travel.
That's zero right there.
The more they do this, the worse it gets for them.
Because the people, over time, they've been watching them, they've been hearing all the predictions, and the people now are starting to realize everything that you've told us since the 70s has not come true!
And the more they do, the more fear-mongering that they do, the worse it gets for them.
And it goes with the economy, too.
The more they continually tell us that everything is great, the economy's going great, inflation's under control, fuel prices are under control, you're just feeling bad, but the economy is actually good, because look at our statistical numbers.
They look incredible.
I know that food is way up, but that's just your imagination.
The people, they're getting it.
They're understanding it and they're realizing it.
Now, I do believe, as we get closer and closer to the presidential election, I do believe this is going to mimic 2008-2009 during the election year.
And you have to remember, back then, the Republicans at the time, McCain was telling everyone that the economy was great.
He was running for president.
Obama was also running for president.
The people, they felt there was problems.
They felt it.
They felt the interest rate move up.
They felt like, hey, why am I getting laid off?
People felt that there was a problem.
People left their homes in California because they couldn't afford them because they have variable rates on their homes.
Home prices started to drop dramatically, not everywhere at once.
It happened out in the Northeast and many other places first, and then it spread around the entire country.
Now, during this period of time, At the time we had the Republicans that were in control and they were continually telling everyone that everything was fine, the economy strong.
Obama on the other side, well they wanted him to win.
They wanted to install him.
So what did they need to do?
They needed to show everyone that the economy wasn't okay.
And how do you show the American people?
That the economy is not okay.
Can you just say it?
Can you just say, hey, by the way, the economy sucks.
Is anyone going to believe you?
Well, no one was believing him.
No one thought what he was saying was true.
Until that magic moment when the market came down.
At the exact moment that they needed it to come down, and that was October, right before the elections.
Coincidence?
I think not.
I do believe we're going to see pretty much the same thing.
Because remember, we have Biden, the fake news, the D's, they're all out there telling you that the economy is great.
Everything's fantastic.
And what you're experiencing, that's your imagination.
And I do believe the Fed is going to do a rate cut to prove that Biden's policies are absolutely working and the economy is great.
The Fed saved the economy.
Johnny Yellen saved the economy, we're heading for a soft landing, and you don't have to be worried anymore.
And all that other stuff you're feeling, inflation, high fuel prices, being let off from your job, well, that's just your imagination.
Now, Trump, on the other hand, to show everyone that the economy is not well, that the economy is poor, I do believe something has to happen.
Now, we're watching the market right now.
The market's getting very, very close to 40,000.
Who's going to take ownership of this?
Now, I do believe Trump is going to be out there saying, hey, the only reason the market's going up is because he's polling very, very well in the United States.
Now, is he doing that to force Biden to take ownership Of the stock market, because I do believe once Biden says, well, I've been in office for four years, that market, I'm the one who created that.
I'm the one who did this, not Trump.
That means he's taken ownership of it.
Now, when everything starts to fall apart and the market comes down, who's to blame?
I do believe it's going to be the Fed, the D's and everyone else.
And I do believe this is the setup.
We'll have to see how this all plays out, but we can see we're headed in that direction.
But when you look at the climate hoax, it really is a gigantic hoax.
I mean, remember going back in time when Al Gore said that ice caps would be gone by 2014?
How did that work out?
Didn't work out too well.
But let's go all the way back to the 70s.
1970 will be an ice age by 2000.
1976 global cooling will cause a world war by 2000.
1989 global warming and rising sea levels will wipe entire nations off the map by 2000.
Which nations are we missing?
1990, we have 5 to 10 years to save the rainforest.
1999, the Himalayan glaciers will be gone in 10 years.
2000, snow will soon be a thing of the past.
2007, global warming will cause fewer hurricanes.
2008, the Arctic will be ice-free by 2013.
2012, global warming will cause more hurricanes.
So wait a minute, global warming will cause Fewer hurricanes?
Global warming will cause more hurricanes.
2014?
The science is settled.
Yes, we have a climate problem.
I mean, really think about this.
Has any of these ever come true?
No, they have not.
And just think about the predictions they just made.
You really think they're gonna come true?
Absolutely not.
It's fear-mongering.
That's why none of these come true because all they're trying to do is instill fear to push their agenda.
Just like they pushed fear with COVID.
It's the same exact thing.
But you know what you should be afraid of?
Their economy because they're telling you everything is great and the economy is actually falling apart.
I mean look at Red Lobster.
We just mentioned it yesterday.
They closed like 50 locations.
Now they're going to be filing bankruptcy.
I mean, really think about this.
Think how bad everything really is right now.
And I do believe you're going to see a lot more stores to close, especially when the market comes down, because that actually gives the businesses the excuse to say, well, now we got a lay of people.
Now we got to close up shop.
See, if they did it beforehand, people would start to realize there's something wrong here.
What's going on?
Let's talk about your health.
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Ibuprofen isn't a solution to your pain.
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Just go to GetNativePath.com forward slash But again, you could see that as we move forward, I do believe Biden, his administration, they're going to need an excuse.
And first we saw a cargo ship crash into the Francis Scott Key Bridge and that shut down that area.
Then we had A barge which struck the Pelican Island Causeway shutting down the highway in both directions and it looks like the train tracks completely and utterly just collapsed.
Now I find this very odd that we have two of these incidents very very close together.
And I do believe there might be building up to blame why the economy is falling apart on these different types of accidents, or as we approach war, or if there is an event in this country, they will use that, or they will use the plandemic.
Now, they could be using all these things and say, well, we have the economy.
It was doing well.
And all of a sudden, these are the things that cause the economy to do poorly.
And when they have the change of batter, they could blame it on that.
And then actually show everyone that everything they were doing is still working and that's why we can cut rates.
And that's when everything utterly just completely falls apart.
But when you start to look at the economy you can see the people.
I'm talking about the internals of the economy.
That's where you can see what's really going on.
And the people are struggling.
The people see the inflation.
The people see higher fuel costs.
The people see certain individuals getting laid off.
By raising the minimum wage that didn't help people because a lot of people are being replaced by electronics or they're outsourcing to help overseas and they're paying them like three dollars an hour.
So is that really helping the everyday person survive all of this?
No.
It was a political stunt, and actually that is not the fix.
You need to go back to the source of the problem, just like you have a disease.
If you don't go to the source, you can take as much medication as you want, you can put lotions on, you can reduce the pain, but it will never go away.
And then you can increase the pain medication to make you feel better because it's getting worse and worse and worse.
That's really what minimum wage is.
You're just Continually raising the minimum wage to make people feel better, but the disease is getting worse and worse and worse.
And that's why they have to up the minimum wage sooner than before.
And it gets worse and worse as time goes on.
But when you look at credit card debt, it's a complete and utter disaster.
Because remember, as things break down, people resort to credit because they just don't have the cash.
They just don't have the ability to keep up with inflation.
So how do you do this?
You got to use credit.
Kobe's letter put this out and said nearly 9% of the 1.12 trillion in credit card debt transition to delinquency status in the first quarter of 2024.
That's 100 billion of credit card debt that is now considered to be delinquent.
Also 8% of the 1.62 trillion auto loans transition to delinquency status.
The average U.S.
household now has a record $8,000 in credit card debt.
Nearly 50% of Americans carry a credit card balance from month to month.
This debt has rates of 25% plus and often takes years to pay off.
So the question is, why are people resorting to credit cards like we've never seen before?
It's because of the inflation.
Remember, the inflation is cumulative.
It just doesn't go away.
Yes, you can speed it up and slow it down, but the inflation that you already experienced stays with you.
It doesn't disappear.
If that was the case, and we've only been at 2% inflation, we'd be back at 1971 prices.
Are we?
Absolutely not.
But you can see why people are resorting to credit because all you got to do is look at the cost of almost everything, which means the value of your currency has devalued and it takes a lot more of blips or a lot more pieces of paper to pay for the exact same thing.
The Copece Letter once again.
The CPI inflation is set at 3.4%.
Inflation is much higher in many basic necessities.
Car insurance inflation, 22.6%.
Transportation inflation, 11.2%.
Hospital services inflation, 7.7%.
Car repair inflation, 7.6%.
Homeowner inflation, 5.8%.
Rent inflation, 5.4%.
Electricity, 5.1%.
Car repair inflation, 7.6%.
Homeowner inflation, 5.8%.
Rent inflation, 5.4%.
Electricity, 5.1%.
Food away from home inflation, 4.1%.
Keep in mind, inflation has been above 3% for over three years now.
This means that these inflation numbers are building on multiple years of already inflated prices.
Clearly, we are not ready for interest rate cuts.
Affordability is still getting worse.
Well, do they really care about...
Cutting the rate or raising the rate with inflation the way it is?
Well, we already know that they can't control inflation.
That's BS.
So if this is a political year where there's a presidential election and the Fed colludes with the Deep State players, what do you think the Fed's going to do?
I do believe they'll be instructed to cut a rate to make it look fantastic, no matter what is happening in the economy.
Actually, they've already set it up.
To make it look like inflation is dropping with their new calculations by removing certain products.
So you could see we're already heading down this path where they're going to continually tell everyone look inflation was 3.4 now it's 3.3 now it's 3.2 it looks like it's getting better and the Fed might say you know something we do see improvement even though people don't and real life doesn't show you any type of improvement because you go to the store you realize whoa Nothing's changed, but they're going to try to convince you that everything is changing with their illusionary economic system.
And they'll make the case, hey, since everything's improving, it looks like the soft landing is coming up.
Hey, you know what we should do?
We should cut the rates.
And I do believe we're heading down this path for something like this to happen, unless there's something catastrophic that happens that stops all of this.
And all of a sudden they use an event before that time.
Now, will that benefit Biden or whoever else is running?
Not really.
So let's see how this all plays out.
This is going to be very, very interesting as we get closer and closer to the presidential election.
I do believe they're going to have to pump it up one way or another.
And I do believe probably in late summer, early fall, September, they'll probably end up cutting the rates at that point.
And I'm not saying they're going to be cutting the rates like two points or one.
I would say maybe they'll do a quarter just to make it look good.
Maybe even a half.
Just to make it look good, like, hey, we are progressing, everything is fine, we're on the right path, and it looks great.
Now I do believe...
That once they do this, everything's going to start falling apart.
And I do believe that people will see the system start to tremble.
The system will start to break apart and people will start to notice certain things.
And I do believe Biden, the fake news, his administration, they will take ownership of the stock market.
Now, of course, Trump, I do believe, will be out there saying, no, no, he's the one who caused this.
And of course, Biden's going to hit back and say, absolutely not.
You haven't been in the White House for four years.
You had nothing to do with this.
I brought it up to over 40,000.
It's all me.
And I think he wants it to be this way.
He wants them to take responsibility, accountability for the market.
So this way, when the market starts to fall apart, Who's to blame?
It will be all them.
And it looks like as we approach the presidential election, it seems that we're heading in that direction.
And I do believe we will see more of this, more of the deep state, take ownership of the economy, more manipulation.
And I do believe on the other side, we're going to have Trump saying, listen, the economy is getting worse.
Inflation is really bad.
And this is exactly what happened during the presidential election in 2008.
This is pretty much the same exact thing.
And I do believe at the last moment.
You're going to see the market come down, which is going to signal that everything that Biden said, everything the Fed said was a complete and utter lie.
And everything that Trump said was the truth.
And I do believe people are going to see this very, very clearly and people can understand, yeah, the economy, it just completely and utterly fell apart.
And I do believe the people will then move to Trump's side and it will make it a lot easier for him to go after the private, what's the central bank system.