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May 27, 2024 - X22 Report
16:35
Ep 3363a - The Market Is Now Pricing In One Rate Cut, Right On Schedule
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Music. Music. Music. Music. Music. Music. Music. Music. Music. Music.
Music.
You're listening to The X-22 Report.
My name is Dave and this episode, 3,363 AM.
Today's date is May 27th, 2024.
And the title of the episode is, The market is now pricing in one rate cut, right on schedule.
Let's talk about protecting our wealth.
Gold has gone up more than 81% in the last five years.
It is happening.
Central banks are ditching the dollar and U.S.
Treasuries and buying more gold.
The good news is it is predicted to go up even more.
UBS said it might even go up to $5,000.
Noble Gold Investments' phone has been ringing nonstop.
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And if you do it this month, Noble Gold Investments will give you a free quarter-ounce gold standard coin if you open a qualified account.
Go to x22gold.com, that is x22gold.com, or click the link the link in the description.
Today's the day.
The Freedom Collection is live.
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Thank you, and God bless America.
Let's get right into the economic collapse financial news.
Now the deep state, the corrupt politicians, the Private West Central Bank, the World Economic Forum, the more they push their entire agenda, and I'm talking about their climate agenda, The people now are seeing how crazy it really is.
And we have Pete Buttigieg out there, and he's trying to convince the people that because we're seeing more turbulence in the air, that is because of climate change.
Actually, anything that happens is now because of climate change.
You lose your money, it's climate change.
You're gaining weight?
It's climate change.
No matter what happens right now, that's what they blame it on.
Now, when the people look at this and the people see what they're talking about, the people are scratching their heads going, you think we're that stupid?
You think we really believe this?
I think this is all part of the strategy to wake a lot of people up and make them start to think, wait, can this really be true?
Is this really happening?
And I think a lot of people now are starting to wake up and understand that This is exactly what it is.
It's a climate hoax.
And all the money and everything that they're trying to do, it's not about cleaning up the earth, making the earth better, greener.
It's about control.
It's about controlling your life and keeping people in a certain area.
And the people now, I think they're starting to understand and they're starting to realize this as time goes on.
Remember, they never wanted this to happen during An awakening.
They never wanted the people to actually see this.
Yes, you might have heard that this was their plan, that this is what they wanted to do, but they never wanted the people to see how they were going to implement this.
Remember, they wanted a huge cover story.
They were going to use the pandemic.
People were going to be afraid in their homes, trapped in their homes.
Supply chains were going to dry up.
The economy was going to crash.
And while everyone was busy just trying to survive, that's when they were going to implement this entire plan.
Same thing with the war.
If there was a war and there was death and destruction, everyone would be busy with death and destruction.
And when it came time to rebuild, they would just rebuild and say, oh, it has to be this way because of the Great War.
We need to create these cities.
We need to get rid of the other cities that are already demolished.
Let's just bulldoze them down and rebuild them the way we want to rebuild them.
And let's Put up solar panels, let's put up windmills, let's do all this because this is the way it needs to be.
We can't go back to the way it was.
That's how they really wanted to do it.
But now with the Great Awakening, with people awake, people going about their business, people paying attention now, people seeing how ridiculous this is, this is becoming much more difficult than for them to push, just like it's becoming very, very difficult for the central bank to push their central bank digital currency.
If you go back a couple of years, yes, they might have had the ability to do this because people will be like, oh yeah, let's go full digital.
That's great.
We could do that.
But now, since people now are seeing exactly what they are planning to do, the people now are pushing back.
And I do believe Trump and the Patriots, they have done this, They've accelerated the entire plan so that people could see exactly what they're trying to do.
Remember, they wanted to do this over a very long period of time and it was going to basically creep up on you and you weren't going to notice that it was happening.
Just like it's been happening since 1971.
People didn't realize that once we came off the gold standard, the value of the currency was just going to continually drop and it's cumulative.
But again, what did they do?
They used manipulation of the statistical numbers to convince you that nothing is wrong.
But the change was so slow that people really didn't notice it.
But if you look back in time, that's when people would notice.
Like, oh, if I went back to 1970, I'd say, wow, look how cheap everything was.
Well, those were the good old days.
And people would make excuses of why that was a better time.
But they wouldn't look at it as, oh wait, the central bank system is completely and utterly breaking down.
I do believe what Trump and the Patriots have done right now is they have taken everything the central bank has been doing and they crammed it into four years so you could see it very, very clearly and people would start to wake up and understand that, hey, this system's really breaking down very, very quickly.
And all the lies and everything the Fed is telling you, everything that the Biden administration is telling you, well, it's not true.
And that's what people are seeing right now.
And the people, they're hurting because they're struggling right now.
And if you look at the U.S.
consumer, you can see the wealth gap is getting larger and larger and larger because this is what happens with a central bank system.
And when you look at the lower income, the middle income, they are having a very difficult time.
The Cabrisi letter on X put this out and said, this is concerning.
78% of U.S.
consumers view fast food as a luxury due to high prices, and this is according to LendingTree.
75% of Americans eat fast food at least once a week, but 62% claim rising prices constrain them to eat less often.
50% of respondents consider fast food a luxury because they struggle financially.
This is most evident among households that make less than $30,000 a year.
Meanwhile, a family fast food meal currently costs $60 to $70.
What happened to fast food prices?
And that's absolutely true.
And when you go to the fast food restaurants and you go to all these places, it's no longer $5, $10, $15.
It's Way more expensive.
And if you go to a restaurant, the bill is just completely and utterly outrageous today.
And I think the people now, they really see it.
They're starting to understand.
And when they look at the fiat currency and they see the fiat currency devaluing and they look at gold, they look at silver, they look at Bitcoin.
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So just click on the link in the description below the They start to realize, well, wait a minute, why are these alternative currencies, why are they holding their value?
And why is the fiat currency completely imploding on itself where it's losing value every single day?
And I think people now are starting to really see the difference between the two.
And I do believe this is why Trump and the Patriots decided, you know something, I'm going to start to mention Bitcoin.
I'm going to start to mention cryptocurrency.
Because from the very, very beginning, going back in time, he didn't want the central bank to realize, hey, by the way, I like crypto.
I like Bitcoin.
So what you had to do is you had to steer the entire central bank, the deep state players away from it so they wouldn't attack.
Yes, they were still attacking it.
But think about the attack, what the attacks would have looked like.
The deep state, the central bank, they would have gone all out because again, Trump was telling his followers, yes, I like Bitcoin.
I like cryptocurrency.
We know that he likes gold.
He has gold all over the place.
So if they found that out, they would have gone all out.
But now with so many people looking at Bitcoin, so many people understanding what Bitcoin is, and a lot of people now purchasing or transitioning from the fiat currency to Bitcoin, It's going to be a lot more difficult now because now the deep state, the central bank, they have a lot more to worry about.
See, if you go back in time when they were in control, they would have used a lot of ammunition to actually destroy Bitcoin.
And I do believe Trump waited for the right moment to make this announcement because as we get closer and closer to the presidential election, what are we seeing?
We're seeing the internals of the economy completely and utterly break down.
The only thing that Biden has right now and the Fed has right now to convince the people that everything is fine is their manipulated numbers.
That's all they have.
What's happening is the truth of the matter is now separating from the manipulated numbers.
And the people now are starting to see this.
They're starting to say, OK, this really doesn't make sense.
They're telling us this is the best economy that we've ever seen.
But when I look out and I talk to my friends, my cousins, my brother, my sister, my uncle, my aunt, my mother, my father.
I see a very, very different story.
And when I see people being laid off, when I see people complaining that they can't afford their bills, something doesn't make sense.
And what that does, it wakes people up and they start to say, well, maybe these numbers are manipulated.
Maybe these numbers are being fudged to make us think that everything is fine, because something just really doesn't make any sense.
And I do believe the people, they're not stupid, they understand when the economy is breaking down.
This is a very difficult topic to try to manipulate because the people experience it every single day.
So this is pretty hard for the central bank, the deep state players to do.
And I do believe that they are losing this battle.
And this is why I think as we get closer and closer to the presidential election, what are they going to have to do?
They're going to have to prove to the people that everything is working.
And the only way I do believe they can do this is to actually have a rate cut.
And this way, Biden can show the American people that, look, my policies worked.
I can bring down the interest rates.
The Fed now is deciding, let's bring down the rates.
Now, they haven't decided that yet, but I do believe this is the argument that Biden's going to make.
The Fed is going to come out and, you know, tell the people that, hey, we got inflation under control.
All our policies are working.
Biden's going to make a really big deal of this.
And I do believe as we get closer and closer to the presidential election, I do believe this is when everything starts to fall apart.
And everything that he said, everything the Fed said is actually going to boomerang on them.
And the people are going to go, holy crap, they just lied to us.
They told us everything was great.
That's why they're cutting the rates.
And now the entire system is completely and utterly falling apart.
Yeah, the people, they're going to get it.
And what's very interesting is that the Kobecia letter, once again, put this out on exit.
The market is now pricing in just one interest rate cut for the entire 2024.
This is down from two cuts being priced 10 days ago when April CPI inflation came in at 3.4 percent.
This comes as U.S.
PMI data on Thursday showed inflation remains sticky since January.
A total of five interest rate cuts have been priced out of market expectations.
On Wednesday, Goldman Sachs CEO David Solomon said he expects zero cuts this year, higher for even longer.
Now I do believe they will push one just to show the policies are working.
Remember this is a presidential election and Biden is losing in the polls.
And the economy is very, very important to the people.
So what do politicians usually do?
They usually lie to the people during a presidential election and they tell the people, you know, everything they want to hear.
And they have to show the people that, yes, what I did is working.
And the only way to do that is to manipulate the numbers and to show people, yes, look, it worked.
I got a rate cut.
But I do believe this is going to backfire on them.
And I do believe this is going to start the domino effect.
And this is when Trump is really going to shine.
And the people are going to look at this entire situation and go, OK, I just saw these people lie to me.
Now they told us everything was great.
Soft landing.
Did a rate cut.
And now everything is falling apart and Trump is stepping in saying, look, look what they just did.
They said everything was fine, but it wasn't.
The economy is collapsing.
The market came down.
Now, we might see a dip in the market.
It might bounce back and then it might dip down even further where people are going to really, you know, get scared.
Fear is going to set in.
They're going to have a lot of questions about why this is happening.
But the blame is all going to go back to the Biden administration.
And I do believe they're kind of setting this up.
And this is the direction that we most likely might be going in right now.
And we could see that everything is going to fall apart under the Biden administration.
And it doesn't matter if he's running or Kamala is in his place or Kamala is take over, but she's not running for the presidential election.
We have a different candidate out there.
I do believe that they're going to do this, they're going to try to convince the people, but everything ultimately is going to fall apart around them.
Just like back in 2008, 2009.
And I do believe this is going to be used against the D party, just like the D party back then use it against the Republicans.
When we had Obama and McCain running, McCain was telling everyone that the economy was great.
Obama was saying, no, it's a disaster.
They used it against the Republicans and the market came down I do believe we're looking at almost the same exact scenario, but it's a lot worse.
And I do believe Trump and the Patriots are going to use this to their advantage to move the people away from the private West Central Bank.
But it doesn't mean the Central Bank is not going to fight back.
They always do.
But I do believe when you have the people behind you, And the people see the truth.
It's going to be very, very difficult for the Private West Central Bank.
And I do believe when all this is said and done, the Private West Central Bank, the way we know it today, is going to cease to exist.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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