All Episodes
Previous Next
July 1, 2024 - X22 Report
19:48
Ep. 3392a - Hedge Funds Selling Off Tech Stocks, Sony Launching Crypto Exchange
| Copy link to current segment

Time Text
We'll be right back.
Hi and welcome to the show.
You're listening to The X-22 Report.
My name is Dave, and this episode, 3,392 AM.
Today's date is July 1st, 2024.
And the title of the episode is Hedge Funds Selling Off Tech Stocks, Sony Launching Crypto Exchange.
Let's talk about protecting our wealth.
Are you worried about the future of the U.S.
economy?
With so much uncertainty in the air, it's natural to fret about the security of your retirement savings.
But there's one asset that stands the test of time, and that is gold.
For centuries, gold has been a hedge against market volatility and economic instability.
With a gold IRA from Noble Gold Investments, you can harness the power of precious metals to help protect your financial future.
By rolling over your existing IRA or 401k into a self-directed gold IRA, you can enjoy the potential for long-term growth and stability.
Diversify your portfolio with a tangible asset that has real value.
Setting up your gold IRA has never been easier with Noble Gold Investments' streamlined process and expert guidance.
This election year, don't let election volatility and uncertainty keep you up at night.
in 2024.
Noble Gold Investments will give you up to 10 one-ounce silver Trump coins or a 10-ounce silver American flag bar if you open a qualified account.
Go to x22gold.com, that's x22gold.com, or click the link in the description.
And remember, there's always a risk of investment and there's no guarantee of any kind.
Get right into the economic collapse financial news.
Now, the deep state, corrupt politicians, the private West Central Bank, the World Economic Forum, every day that passes, we can see that everything that Trump said is actually right.
When he said, listen, there's going to be companies moving to Mexico, there are going to be companies that are going to be moving out of this country.
Biden is going to destroy the economy.
In the end, we're going to see a stock market crash like we've never seen before.
And every day that passes and we get closer and closer to the presidential election, we can see that everything that Biden has done, everything Deep State has done, Central Bank has done, it is now all coming true.
And I do believe the people now, they see the truth.
And they're going to see even more than what they're seeing right now.
Because remember, those individuals that are still sleeping, those individuals that still believe that this economy is okay, and a lot of those individuals are D's and they're yes, they're all in for Biden or whoever else they're going to pick.
Sooner or later, what's going to happen is the entire economic system is going to implode on itself.
And when it implodes on itself, that's when these people are going to wake up and they're going to start to realize, hey, we have major, major problems here.
And I do believe there's a lot of individuals now that believe that, hey, What Trump has been telling us all along, even though if they didn't like Trump or they were against Trump or they were kind of on the fence, they now see that, yes, Trump was right.
Because as people lose their jobs, as people try to make ends meet, people come to the realization that, hey, you know something?
I see it now.
I understand what he was saying.
I might not have liked him.
I probably still don't like him.
But you know what?
I understand.
And he was telling the truth.
And when you start to look around at the companies and you start to look and see what's really going on, you could see as the economy breaks down, what a company is going to do.
They're going to look at their bottom line.
They're going to say, OK, where can I go where I can make a lot more profit?
And if it's not in the United States, that is fine.
Actually, that is what happened.
When we came off the gold standard and went out to full fiat back in 71, what happened?
We came off the gold standard.
We saw inflation like we've never seen before.
And that started the process of these companies saying, you know something, we're going to have to move out of this country and we're going to have to move to a place where it's a lot cheaper to manufacture the products.
And as time went on, you saw more and more companies move out of the United States because of all the companies stayed in the country and they produced the products here.
With the inflation that we've been seeing, people wouldn't be able to afford anything.
Think about it.
Those products that are being created and manufactured in China and Vietnam and many other places where they're paying people pennies on the dollar.
If they were produced here, they'd be 3, 4, 5, 6 times as much, maybe even today 10 to 15 times as much.
Would people be able to purchase these products?
Absolutely not.
This is why they had to move all the manufacturers out of the country, actually kind of force them out of here.
So this way, people wouldn't notice, hey, inflation's really taking its toll on the everyday person.
What people noticed was, oh, okay, things didn't go up that much.
Actually, things are pretty much the same.
And since the central bank and the deep state players didn't place tariffs, on all these countries, it made it a lot easier.
But now I think people are starting to realize that with everything that's going on, this isn't a good thing.
And now it's getting worse and worse as time goes on.
Because as inflation takes its toll, what happens?
Companies will not be able to stay here.
And we're starting to see a lot of companies move out of the country.
John Deere is going to execute big layoffs in two states as the company plans a shift to Mexico.
We've seen this in the past and we're seeing it now but I do believe what we're going to see right now is a lot of companies say you know something we just can't be competitive here because of the inflation that we're seeing.
We're going to have to go to a country where the workers don't make as much where we can actually have better profits.
And I do believe this is what we're going to see.
So what we're going to see is we're going to see layoffs in this country, which we're already starting to see here about 280 employees.
They're going to lose their jobs in East Illinois, 230 employees at a factory in Davenport.
And this is absolutely ridiculous.
And think about all the other staffers that are going to be losing their jobs.
So this is a lot of people that are losing their jobs.
And I don't believe this is going to be the only company that's going to do this.
And once again, Trump is proven that he is right about what is going on here, especially with what we're seeing with inflation.
Remember, Trump, he slowed the inflation down to a point where people didn't realize that inflation was actually happening.
And remember, we didn't have 9% inflation before Trump came into office.
Because again, inflation is cumulative.
For a couple of years, we had 3, 4, 5, 6, 7, 8, 9.
Backwards, we saw 5, 4, 6.
So this is all cumulative under Biden.
Trump, we really didn't see that.
So people, they saw, wow, okay, I have a lot more money in my pocket, especially since you made the country energy independent and fuel prices were very low.
So he showed the people, look, you could have a lot of money in your pocket, you could have More to pay your bills, to go on vacation.
With Biden, fuel prices went up, inflation went up, and it was a complete and utter disaster.
And it's still a disaster.
Even if Biden brings it down to zero percent, the inflation would still not go away.
It's here to stay.
And I do believe the only way to get rid of this inflation is to get rid of the private West Central Bank system.
Get rid of the system where we're borrowing currency with interest attached.
And when you look, you could see the inflation.
It is here to stay no matter what.
The Copici letter put this out and said, "This is insane.
Wholesale prices of boneless chicken breasts have skyrocketed 67% year to date.
This is more than four times higher than beef and pork prices, increases of approximately 15 and 16%.
By comparison, year over year, bacon prices and fank footers have both risen 7%.
Inflation is most food categories remains high and meat prices are experiencing the most significant price hikes.
This is also evident in fast food prices, which have skyrocketed by over 30% in four years.
Food affordability is getting worse.
Inflation in many essential goods and services remain well above the 3.4% core CPI inflation reported.
This is why Americans feel that affordability is only getting worse.
Food is yet another example.
Absolutely.
And yes, this is also going to be driven by the bird flu, where they're killing a lot of chickens, killing a lot of cattle.
This is also going to increase the prices of food.
But again, All these essential services, this is what people see and feel and realize every single day.
Fuel, food, clothing, insurance, you name it.
Things that you need every day.
Things that you pay for every day.
Everyone doesn't go out and buy a TV every single day.
But the things that you need every day, well, that's what people notice.
That's where people see the inflation.
And it's not going away because it's cumulative.
Remember, the Private West Central Bank system does not work.
In the end, what happens, the entire system breaks down and what the Central Bank, the World Economic Forum, the Deep State players, what they have to do is they have to create an event to cover up why the Private West Central Bank system is falling apart.
This is why they were trying to use the plandemic.
Let's talk about protecting our wealth.
Are you worried about the future of the U.S.
economy?
With so much uncertainty in the air, it's natural to fret about the security of your retirement savings.
But there's one asset that stands the test of time, and that is gold.
For centuries, gold has been a hedge against market volatility and economic instability.
With a gold IRA from Noble Gold Investments, you can harness the power of precious metals to help protect your financial future.
By rolling over your existing IRA or 401k into a self-directed gold IRA, you can enjoy the potential for long-term growth and stability.
Diversify your portfolio with a tangible asset that has real value.
Setting up your gold IRA has never been easier with Noble Gold Investments streamlined process and expert guidance.
This election year, don't let election volatility and uncertainty keep you up at night.
Vote for the timeless safety of gold and silver in 2024.
Noble Gold Investments will give you up to 10 one-ounce silver Trump coins or a 10-ounce silver American flag bar if you open a qualified account.
Go to x22gold.com.
That's x22gold.com or click the link in the description.
And remember, there's always a risk of investment and there's no guarantee of any kind.
This is why they're going to use a cyber attack, which is ultimately going to bring us into war.
Because they need to cover everything up.
Because they don't want people to know that their system doesn't work in the end.
Because if the people know, and the people realize that the system doesn't work, you think the people are going to want the system?
Absolutely not!
They're going to say, why are we in this system if it breaks down after 50 years?
It makes no sense!
And especially where they're trying to bring us.
They're trying to bring us into the Great Reset.
The central bank digital currency full and under control.
People don't want this!
And now people, since they're awake, they see the economy breaking down, they realize that this is definitely not what we want.
And this is why we have a couple of bills in the House against the central bank digital currency, all for gold, all for Bitcoin.
And Trump is out there saying he's completely against the central bank digital currency.
Because in the end, what you need to do is you need to convince the people that we don't need to use the central bank currency.
We don't need to use the fiat currency.
We can use Other types of currencies and we will be fine.
When the Founding Fathers broke free of British rule, they also broke free of the private Western Central Bank system.
And this is why the Founding Fathers on purpose said the people will coin their own money.
The people will create their own currency because When the people create their own currency, they're not borrowing it from anyone.
They're not borrowing it with interest attached, which means we don't need income tax, which means we don't need to suffer the way we're suffering today.
And I think people are starting to realize this.
This is why you see people on the social media platforms talking about, hey, by the way, just two years ago, I paid this much for food and now I'm paying double or triple.
People are starting to recognize it.
They're starting to see it and it's becoming clearer and clearer every single day.
The other thing that's becoming clearer and clearer every single day is that we know that the Deep State players To bring us into their new system, they're going to have to down their own, their old system.
They're going to have to destroy it one way or another.
Now, again, they can't be responsible for it.
They have to blame it on something else.
But again, they're already giving certain companies and certain individuals a heads up of what is coming.
You know, the insiders.
Go BC Letter put this out and says, This is interesting.
Hedge funds have been selling U.S.
tech stocks at the fastest pace in at least seven years this month, according to Goldman Sachs.
Semiconductor stocks have been the most heavily sold, followed by software and internet stocks.
This comes after NASDAQ 100 has rallied 18% year-to-date and 40% since October 2023.
At the same time, the Semiconductor Index has skyrocketed by 30 to 70% respectively.
As a result, The Semiconductor Index relative to the S&P 500 has exceeded dot-com bubble levels and traded near an all-time high.
Are hedge funds turning bearish of tech?
Most likely.
Why are they doing this?
Do they know something we don't or do we already know?
I do believe we already know that this is coming and I do believe we're going to see a lot more of these hedge funds, a lot more individuals start to sell off because as we get closer and closer to the presidential election we know what's going to happen.
The Fed most likely is going to make the case or is going to be forced to actually cut the rates to show everyone that the policies of the Democrats have worked.
They have controlled inflation, which they have not.
They controlled the fuel prices, which they have not.
Actually, everything has gone up.
Everything's a lot worse.
And the economy is now working fine because we're employing so many people, which is the opposite of that is happening right now.
So the only way to convince the people is to show everyone that, hey, the Fed said we did a great job.
The Fed said that everything was under control and the economy's OK.
This is why they can cut the rates.
And if they're cutting the rates, that means we did a great job.
And you know what's going to happen afterwards?
The market is going to start to fall apart.
And you're going to see the market come down.
And people are going to get very nervous.
People are going to be very afraid.
And once the people see the market come down, what do people normally do?
They start to sell off and they start to sell off very, very quickly.
And I do believe we're going to see the market come down a couple thousand points.
It might, there might be a dead cat bounce and then we're going to see the market come down again.
And again, this is all going to happen right before the presidential election, which means Trump, the Patriots, they're going to use this to their advantage.
Now, those individuals that have been transitioning into alternative currencies, well, those individuals are going to realize that thank God they did this.
And I do believe this is why those people out in Costco, they're purchasing a lot of gold bars.
I think there's a lot of people who are also transitioning into crypto and there's a lot of banks and a lot of other companies now that are looking to
Move away from the fiat currency and you could see there's a lot of exchanges now opening up and you could see that bitcoin is becoming more and more popular as time goes on because when you look at gold and when you look at bitcoin what do you see you don't see gold dropping to a thousand dollars an ounce you see gold moving up You see Bitcoin moving up.
And remember, these alternative currencies, they are pegged to the Federal Reserve note.
So again, gold has been manipulated for a very long time because remember, the central bankers, they didn't want people to realize that gold was a hedge against their fiat currency.
If they didn't manipulate gold and they didn't have a paper market, gold most likely be anywhere from $10,000 to $20,000 per ounce.
And if it was ten to twenty thousand dollars per ounce, what would people notice?
People would notice there's a problem with the fiat currency, which means the fiat currency has lost its value.
And that would wake up a lot of people.
And this is why the central bank cannot allow anyone to see that.
That's why they had to manipulate the gold market for a very, very long time.
It's a little bit more difficult with Bitcoin.
Again, this is newer technology.
They don't have the ability to do what they did to gold.
It took them quite a while to control gold.
But again, people, when they look at Bitcoin, they can see that there's a major, major problem.
Why would Bitcoin be so much higher than the dollar?
Why is gold now much, much higher than the dollar?
I mean, if you go back in time, when you go back to the 30s, you were looking at $35 for an ounce of gold.
for an ounce of gold.
Why is it 2,300 now?
Gold didn't change.
It's the Federal Reserve note that is losing value and they are losing control of the manipulation.
And once they lose full control, you're going to see something very, very different with gold.
But when you look at Bitcoin, you can see there are many different companies now that are looking to open up crypto exchanges.
And the latest is Sony.
They're going to launch a Bitcoin and crypto exchange, which is going to be very, very interesting.
And I do believe you're going to see a lot more financial institutions, a lot more companies start to move into Bitcoin, which we've already started to see.
And I do believe this is going to accelerate because once again, what are we experiencing?
We're experiencing the devaluation of the currency.
And as this continues, and as the economy breaks down, You're going to see something very, very different.
I think you're going to see something very different with Bitcoin and you're going to see something very different with gold because they're going to lose control of the manipulation.
And gold is really going to shoot up.
I do believe once we hit three thousand thirty five hundred, it's going to start to move up very, very quickly after that.
And people are going to see this as the economy breaks down, as inflation takes effect.
So I think people are going to see quite a bit.
And people are going to really wake up.
People are going to understand this is going to make it a lot easier for Trump to shift us away from the fiat currency because he will be all in on saying, you know, something we need to go back to the Constitution.
We need to go back to sound money.
And I do believe the people are going to be right there with him.
Listen, everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
▲
Export Selection