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June 7, 2024 - X22 Report
19:57
Ep. 3373a - Economy Has Run Out Of Steam, Fake News Pushing Gold, Centralization Is Being Dismantled
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Hi and welcome You're listening to The X-22 Report.
My name is Dave and this is episode 3373A and today's date is June 7th, 2024.
And the title of the episode is Economy Has Run Out of Steam, Fake News Pushing Gold, Centralization Is Being Dismantled.
Let's talk about protecting our wealth.
Gold has been on an unstoppable run.
It has gone up more than 81% in the last 5 years and almost 20% in the last 12 months.
It is happening.
Central banks are ditching the dollar and U.S.
Treasuries are buying more gold.
The good news?
It is predicted to go up more.
UBS even said it would go up to $5,000.
Noble Gold Investments phone has been ringing non-stop.
Everyone wants to protect their retirement with gold.
And you can do the same.
Noble Gold Investments can help you secure some gold to protect your future.
From day one, you work with this same dedicated All-American expert.
Whether you're a beginner or an experienced investor, Noble Gold Investments will make sure you get all the help you need.
And 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 in the description.
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, their entire agenda is completely imploding their template states and countries.
And the people of these states and the countries, they are now realizing that everything that they're pushing is not working.
And it's getting worse and worse as time goes on.
Because think about it.
They're pushing the Green New Scam, the Great Reset.
They need to destroy this economy.
To destroy this economy, what do you got to do?
You got to remove the jobs.
You got to have inflation.
You got to set everything up so at the right moment, at the right time, the entire system falls apart.
But meanwhile, while you're doing this, what does it do?
It hurts the people along the way.
Remember, they wanted a great event.
They wanted something so big That people wouldn't really realize what was going on, and this is why they kicked off the entire Great Reset, the Green New Scam, with the plandemic.
They mentioned it in March of 2020, and they thought everyone would be scared in their home, there'd be no vaccine, people would die off, the supply chains would dry up, and we can then usher in our new system.
The problem with all this, it was completely countered.
Now, they are now all focused on World War III and a cyber attack, but the problem is, we have now gone Four years with the Deep State players destroying the system.
They never wanted this to happen.
You were never supposed to see this.
You were never supposed to see their true agenda.
But the people, they're seeing it.
And when you look at California, when you look at Germany, you can see that everything now is falling apart.
And the rest of the world is what is doing what they are decentralizing.
They are moving away from the Federal Reserve note and countries now are going to be using different payment systems.
They're going to be using their own currencies and they're ramping up on gold.
Actually, the fake news came out and said, hey, there's three good reasons why you need gold.
When was the last time you heard the fake news say anything about gold?
That is very interesting.
But when we look out at California, what do we see?
Well, because they have such a massive deficit, Newsom is going to propose reducing funding for police, prisons, and public safety.
Well, this is just going to make the entire state a lot better.
No, it's going to actually make it a lot worse.
Crime is going to pick up.
Prisoners and the facilities, they're going to completely implode on themselves and the entire state is going to crash.
That's what we're seeing right now.
But again, what does the Biden administration have to do?
They have to continually manipulate the numbers.
They have to make everyone believe that, look, just look at the numbers.
Don't look at everything else.
Don't look at the crashing economy in certain states.
Don't look at all the people that are being laid off.
Don't look at the inflation rate and how expensive it is to buy food and how expensive it is to pay your insurance, your rent, your mortgage and everything else.
Don't look at that.
Look at that.
Just look at our manipulated numbers, because those are the real indicators of the economy.
Everything else is your imagination.
Now, do you really think people are going to believe this?
Absolutely not.
And as the manipulated numbers completely separate themselves from the actual economy, people are going to go, yeah, you know, something I just don't believe.
And when you look at the job numbers, we've known that they have been manipulated going way back in time.
The Kobece letter put this out and said, U.S.
economy adds 272,000 jobs in May, above expectations of 170,000.
The unemployment rate rose to 4% above expectations of 3.9%.
Still, the U.S.
economy has added jobs for 41 consecutive months.
All of the data continues to suggest that the labor market is strong.
Now again, all of the data makes it look like it's strong.
But think about it.
We lost 625,000 full-time jobs.
625,000 full-time jobs, part-time jobs went up by 286,000.
So that's very interesting.
And something doesn't add up, right?
So this is the biggest drop in full-time employment since December 2023.
It's also the first month with a 4% unemployment since February 2022.
How is this a strong labor market?
It isn't.
It's all made up to convince you that something is happening when it really isn't.
And you can see the D's.
They're all behind this.
They're all looking at the stats.
They're all saying, look, the economy is fantastic.
Actually, this is what happened during 2008-2009 when the Republicans were controlling the presidency.
They were looking at The stats and they're saying the economy looks fantastic.
Everything looks great.
Obama, who was running against McCain at the time, said no, the economy doesn't look that great.
Now, of course, they set this up so Obama would win very, very easily.
And I do believe Trump, the Patriots, they're doing the same exact thing.
But at a Breitbart, you could see that the Democrats now are rallying behind the economy as the election approaches and they believe that everything is great.
So they're going to Basically, continue with this narrative as we go down this path closer and closer to the presidential election, and they're going to continually show everyone, look at the stats, the economy's great, the economy's great, and they're going to continue to do this all the way until the very, very end.
Now, once again, we know that Canada, they just cut their rate, we know the ECB, they just cut their rate, and we know that the Fed, It's going to be cutting the rate sometime between August and September.
I do believe that is the time frame.
That is going to be the first rate cut.
And they're going to try to convince everyone that everything is absolutely fantastic.
So what happens when we start having rate cuts?
Well, I do believe the economy has already been tipped over the edge.
And I do believe it's a lot worse than 2008, 2009.
And since it's a lot worse, and we have inflation problems, high fuel costs, people being laid off already.
We know that the economy is going to come down pretty darn hard as we get closer to the presidential election and when you actually look at the graph and you go back to 2008-2009 we are almost in the same exact position and we could see that we're now curving down and as we curve down and they lower the interest rates we enter a recession.
So we're almost there.
It's getting very, very close.
And I do believe the market is going to come down during this period of time.
And once again, Trump and the Patriots, they're going to use this to their advantage.
They're going to tell people, look what has happened here.
Look what's going on.
They told us that the economy was great.
They said Bidenomics was working.
The Inflation Reduction Act was working.
And now we have the entire market come down.
Now we have corporations laying off.
Everything is a complete and utter mess.
What do you think the people are going to do at this point?
They're going to be looking at Trump going, holy crap, you were right.
You said a long time ago we were heading into a recession, maybe even a depression.
Recession was the nice word.
And it looks like that is coming true now.
I do believe he's using the same exact strategy that Obama used because I do believe in the end.
I don't believe it's going to be Biden running for the presidential election.
I do believe Obama's are going to be front and center and Trump is going to use this against them and actually show the people who's the truth teller and who's the liar and I do believe this is exactly 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.
Noble Gold Investments phone has been ringing nonstop.
Everyone wants to protect their retirement with gold.
And you can do the same.
Noble Gold Investments can help you secure some gold to protect your future.
From day one, you work with this same dedicated All-American expert.
Whether you're a beginner or an experienced investor, Noble Gold Investments will make sure Because what do people have in common?
War and the economy.
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 in the description.
How he's going to convince a lot of the people, because what do people have in common?
War and the economy.
And when the economy is crashing and we're heading towards war, what do people do?
They look for someone that's going to help the situation.
They're looking for someone that knows what's going on.
And that is going to be Trump.
Now, while all this is happening, what do we see happening?
Well, we see decentralization.
Right now, Putin, he has confirmed that the BRICS is developing its own independent payment system.
And we need to remember something very important.
If we go back in time, when Obama was in the White House, And they're replacing all the sanctions on Russia.
They started developing their own payment system.
And now we have the BRICS creating their own independent payment system free from political pressure, free from the Federal Reserve, free from the Western Central Bank system.
So what does this mean?
It means that countries now are going back to their own currencies, their national currencies.
Countries now will not have to use the controlled private West Central Bank payment system, which means we are now decentralizing and I do believe in the end Countries will have the ability to use Bitcoin to make payment because once again, it's decentralized and everyone can use it.
And we can see this is where we're headed right now.
And if you look at Turkey right now, Turkey, their inflation rate is about 75% or so.
And Turkey now is one of the largest gold buyers for the month of April.
And we can see that Turkey now wants to join the BRICS, which is very, very interesting.
So Turkey's been ramping up on gold.
Many other countries have been ramping up on gold.
It looks like the BRIC nations want those nations that have the gold.
And there's a reason for that, because what hedges against inflation?
A devaluing of the fiat currency.
It is Bitcoin, it is gold, it is silver, and This is exactly what people are starting to do.
And when you look at Costco, this is exactly what they're doing.
The people out there, they're purchasing gold.
There's a reason the sales are going up.
There's a reason why Costco is selling gold.
Because people are starting to educate themselves.
People are starting to realize, you know something?
I need to protect myself one way or another.
Maybe I'll get Bitcoin.
Maybe I'll get gold.
Some people are investing in land.
But whatever you're doing, people know that there's a major, major problem.
And what's very interesting, out of CBS News, they have written this article, three big reasons to invest in gold this June.
And what's very interesting, they mention inflation, political tensions, and they're trying to basically show people that, look, it's time to move into gold.
Now, what's very interesting about this is why, why aren't they telling them it's time to move into Bitcoin?
That I find very, very interesting.
They're staying away from Bitcoin, and they're moving to gold, because again, with gold, the private West Central Bank, yes, they have an easier time manipulating gold.
I mean, if we allow them to manipulate everything, they can manipulate everything.
But again, they've manipulated gold before by creating a paper market.
And think about what they did going back in time.
They manipulated everything and they made sure that people couldn't purchase gold.
But think about all the people that actually owned gold and hid it from the central bank.
What happened to gold?
It went up in value.
Over time, it continually went up in value.
Like we said, if you use the example of burying $35 in the ground back during the 30s and burying an ounce of gold, which was worth $35, you dug it up today, the pieces of paper were worth what? $35.
Gold is over $2,000.
Actually, if you remove the manipulation, I do believe gold will probably be about $15,000, $20,000.
So yes, gold, it's been around for thousands of years.
It's always going to be an incredible hedge against the paper currency that the central banks put out there.
They want you to believe that that is the money.
That's the system you should be using.
But people are starting to wake up and they're starting to realize that, you know something?
Maybe this isn't the system we should be using.
Maybe we should be using a system that is not run by a private West Central Bank system.
And remember, the Federal Reserve is a private corporation.
It's not part of the government.
It's a company that is controlling the creation of our currency.
And they're loaning it to we the people.
And they're telling we, the people, you must pay this back and we're going to charge you interest.
So they're loaning it to the federal government, which is now completely and utterly corrupt.
They're taking this money.
They are now using it for their own benefit.
And they're forcing the American people to pay this back with taxes.
This is Loan Sharking 101, and those people in government, they don't care what they use the money for, if they launder the money, if they make themselves very rich, because they don't have to worry about paying it back.
And people go, well, don't they have to pay taxes?
Yeah, but when you're laundering money, and you're getting inside information, and you're making hundreds of millions of dollars, Does it really matter at that point?
No, it doesn't.
Think about the hardworking American that is struggling every single day and they're actually increasing the tax rate.
The only reason the taxes are lower right now is because of Trump's tax cuts.
If you notice, Biden didn't come in and say, we're removing Trump's tax cuts.
I'm going to show you how he helped the wealthy people, how he helped the corporations.
Why did he do that?
Because he knows if he removes it, everyone would see their taxes go up.
Again, he lied to the American people.
And the people throughout all of this, they are now learning.
They're understanding.
And I do believe people are going to learn even more as we get closer and closer to the presidential election.
If you go on to like TikTok, if you go on to Instagram and any of these other social media platforms, there are so many people out there that are realizing that there's a problem in the economy, that inflation is really hurting them.
And they're all asking, why is this happening?
That's the first part of this, is to ask the question, why does this happen?
Why is this happening where you can work, you can work, you can work, but inflation keeps you down?
See, this is how people start to ask a lot of questions.
This is how people start to realize there's a problem in the system.
And I do believe soon we are going to be breaking free of this central bank illusionary economy.
Remember this is their system.
They created this system to enslave the people and they want to bring us to their new system which is a thousand times worse.
See, this was the beginning of their system.
The other system is complete and utter enslavement, where they have total control over you.
And the system will not work in your benefit.
So what I do believe Trump has been doing since he came into office in 2016, his entire mission is to wake the people up, To show the people the true economy, to show the people that the Private West Central Bank does not benefit them, and to go back to the Constitution.
Go back to where we the people create sound money, where we're not borrowing the money, and if we're not borrowing the money with interest attached, do we really need all these taxes?
No, we don't.
If we're not borrowing the money anymore, can we fund this government the size that it is today?
No, we cannot.
So the government must shrink, And people don't have to pay taxes because we're not borrowing the money.
So how do we fund the government?
Well, he showed us in the very beginning.
Tariffs.
He wanted to prove to the people, look, if you place tariffs on China, if you place tariffs on Europe, what happens?
Not what the news is saying.
Actually, we're funding the farmers.
We're funding the government.
That's how the government should be funded.
And I do believe we're going back to that time period.
And I do believe the world is going to follow in the footsteps of the United States.
We're already starting to see countries already moving away from the private Western Central Bank system.
We see El Salvador, we see Argentina, we're going to see many, many other countries move away, especially when the United States moves away.
And I do believe this is the end goal, because if we don't get rid of the private Western Central Bank, and we continue to do this, Nothing will change because once again the Private Western Central Bank breeds corruption.
Because when you have an unlimited supply of money There's no checks and balances.
People don't care.
And people become very, very greedy.
And as people become greedy, what happens?
You bring in the low-lifes into government.
And that's what we have today.
So I do believe, in the end, this is about decentralizing the world, making countries go back to their national currencies, and destroying the private West Central Bank worldwide.
And I do believe we are on track for this.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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