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July 9, 2024 - X22 Report
19:42
Ep. 3398a - Other Countries Begin Following El Salvador, 2 Months Until Rate Cut, Buckle Up
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I'm out.
Hi, and welcome, you guys.
You're listening to The Axe 22 Report.
My name is Dave and this is episode 3398A and today's date is July 9th, 2024.
And the title of the episode is Other Countries Begin Following El Salvador.
Two months until rate cut.
Buckle up!
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.
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, their entire mission, their agenda to bring us into the Great Reset, the green news scam, is completely failing.
No one is buying the climate hoax anymore because all you got to do is go back in time and look at what they said and you can see that every single prediction is completely and utterly wrong.
I mean let's just go back in time a little bit.
About 53 years ago.
And we can see what they said back then?
Has not come true.
Actually, they changed their story.
And Wokeness put this out on X and said, 53 years ago today, Washington Post, a disastrous new ice 50 to 60 years away.
So they said we were going into a new ice age.
Why would they say that about 53 years ago?
Because back in the 70s, the earth was cooling.
Then the earth started to warm up because we go through these cycles.
The sun controls it.
And that's why they had to change their story.
So they made a prediction to scare everyone and they had to change their prediction because, again, the Earth goes in cycles.
They thought, hey, if we tell them this, they'll do what we say.
And it didn't work.
So as time went on, what did they have to do?
They had to lie.
To cover up their other lies and they're continually doing this and in the end what are people seeing?
That people are seeing the truth.
You see back then when you didn't have social media and all you had was the fake propaganda news people believed it.
People saw it, they read it, they heard it and they said okay yeah I guess that's it because I have no other way to figure out any other information.
Today with social media, with people putting out a lot of information, you could start to do your own research and you can find out the truth.
And this is why their entire movement has completely and utterly failed over time.
And it will continue to fail because all they're doing is lying to the people, just like they're lying about the economy.
The economy right now is in a recession.
We're going into a deep recession.
And soon you're going to see them continually lie about the economy as the economy is crashing.
When you look at the employment numbers, when you look at the layoffs today, you could see things are not getting better, they're getting worse, and what they have to do is they have to completely and utterly cover everything up.
When you look at certain corporations, why, if the economy was so great, why would they be laying off people?
Dyson is now laying off about a thousand workers.
Why would they be laying off so many people?
If the economy is roaring, if it's absolutely incredible, they wouldn't.
And when you look at the job numbers, the job numbers are so manipulated, they don't even make sense anymore.
The Kibisi Letter on X put this out and says, you can't make this up.
Job numbers have been revised down in four out of five months in 2024.
The largest revision from 353,000 to 256,000 or by 97,000 took place in January.
Subsequently, February saw a negative 39,000 downward adjustment.
April and May were revised down by $67,000 and $54,000 respectively, or a total of 111,000 jobs.
In the first five months of 2024, non-farm payrolls have been revised down by a combined 240,000 jobs.
Is the initial headline number even worth following anymore?
No, because it's all made up.
They had it manipulated so much that it's not even making sense anymore.
And think about it.
As they're trying to convince people that everything is fine with their fake numbers, the economy is completely and utterly falling apart.
And a lot of these part-time jobs, they're going to who?
The foreign workers.
Those people that have come to this country Illegally!
Trump, he put this out on Truth, he's pointed to MAGA War Room on X and it says new jobs data 1.1 million foreign-born workers got jobs over the last year while 943,000 native-born Americans lost employment over the last year.
That should tell you everything you need to know.
And the other thing that should tell you everything you need to know is what is happening with the GDP.
The GDP numbers are also manipulated.
So when you start to look at this, unemployment numbers are manipulated, inflation numbers are manipulated, GDP numbers are manipulated, the markets manipulated, The interest rates, they are manipulated.
They're all manipulated by who?
The private Western Central Bank system.
And yes, those individuals working in government, they are still controlled by these private Western Central Bank system, and they have to do what they're told to continually manipulate to make everyone believe that the economy is doing well.
And when you look at the GDP numbers, well, they are plummeting.
The Cobizia letter again on X put this out and said, The most recent Atlanta Fed estimates for real U.S.
GDP quarterly growth in the second quarter of 2024 is down to 1.7%.
This estimate is down from 4.2% seen in mid-May and from 2.2% seen on June 28th.
This estimate is down from 4.2% seen in mid-May and from 2.2% seen on June 28th.
If this estimate turns out to be correct, it will be the second consecutive quarter of GDP growth below 2% after the first quarter of 2024, GDP of 1.4%.
Is the U.S.
economy slowing?
Oh no, it's slowing alright.
It's pretty much dead.
And we're in a recession right now.
And I do believe as we get closer and closer to the presidential election, they're going to manipulate all the statistical numbers even more.
They're going to try to convince everyone that everything is fine.
And in the end, the last signal to let you know that everything completely and utterly fell apart is the market coming down.
Then we will have these experts go back in time and tell us, hey, I don't know if you guys know this, but by the way, we were in a recession going back a year ago.
And the recession just got worse and worse and worse and what happened was they manipulated the numbers all throughout that year to convince you that we weren't in a recession when we really were and they didn't want you to know that we're heading into a depression.
That's really what's going to happen.
If you go back to 2008-2009, they did the same exact thing and they're doing it now.
Now the other thing that's very interesting is that China's central bank, they have halted their gold purchases for the second consecutive month.
This is a notable shift as China's recent buying spree lasted for 18 months, adding 316 tons of gold.
On the other hand, India's central bank bought more than 9 tons of gold in June, the most since July of 2022.
Overall, India's gold reserves have risen by 37 tons this year, or by 5%, reaching 841 tons.
Are global central banks slowing down their gold purchases?
Do they have enough right now to weather the storm that is coming?
Maybe, maybe not.
But the other thing that's very interesting is that Germany, the German government is now left with 22,800 Bitcoin, less than half its original holdings.
So they're selling off their Bitcoin.
Why would they be doing this?
Who's instructing them to sell it off?
Are they trying to keep The Bitcoin price down right now?
Because again, they need this type of ammunition to convince people that Bitcoin is not the alternative currency that you should be going into.
The same with gold.
But you can see that the people of this world, they're not buying this.
They can push this all the way down to $10,000.
It won't make a difference.
You know what people would do?
They would just buy more of it.
Just like when they pushed the gold price down, you know what people did?
They purchased more of it.
And every time it takes a dip, that's what people are doing.
But when you look out at other countries, you can see other countries are now following what El Salvador is doing.
And I do believe you're gonna see a lot more of these emerging countries start to really, 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.
Streamline 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 2020.
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.
Change everything up and move towards Bitcoin.
Cause I do believe in the end, this is going to benefit them compared to using the fiat currency.
So when you look at the country Suriname that is in South America the Suriname presidential candidate Maya Parpo said she was inspired to run for president because El Salvador The president of Salvador is pro Bitcoin.
Other countries are going to follow.
Because once the countries see how these countries are flourishing, how they don't need the central bank, how they can operate without it, you're going to see a lot of these smaller countries climb on board and they're going to transition their fiat currency into Bitcoin because this will make it a lot easier for them to transact business.
They don't have to borrow the money with interest attached, which means their country will be better off in the end.
And I do believe we're going to see many more countries climb aboard this train and you're going to see countries ramp up on gold.
You're going to see countries ramp up on Bitcoin.
And I do believe they're going to be using Bitcoin to transact business.
And this will be outside of the private West Central Bank system.
And we can see it has already begun and this is going to continue.
And as the economy around the world really breaks down and people see the inflation, I do believe People are going to make that transition because what do we see happening right now?
Right now the Federal Reserve they just had their meeting and it looks like they're saying that there's more good data it could open the door to interest rate cuts and we still have to watch how everything is playing out and it looks like inflation it's continuing to cool which means we can have our one rate cut As we approach the fall.
Now they're trying to reach a 2% level.
I do believe when they get pretty close to that with all the manipulation and everything else, because you have to remember Biden, he released strategic petroleum reserves.
He's bringing the fuel prices down, which means it's going to reduce inflation.
They removed certain things in the inflation calculation, like coffee, so that means they're going to bring the inflation number down.
When you start to remove things from the calculation, what happens?
You can manipulate it and you can make inflation look pretty darn good.
So the manipulated number is going to push the Fed into cutting the rate.
And the Fed Chair Powell, he also said holding these rates high for too long could jeopardize economic growth.
So he's already paving the way.
He's already telling you, we're watching it closely.
We're going to see how inflation reacts.
They already know what's going to happen because they manipulated numbers.
And they're also telling you that we can't keep the rates this high.
So they're already building the narrative, letting you know that they're going to cut the rate.
And I do believe this is going to build up as we get closer and closer to the presidential And you're going to hear a lot more from the Fed letting everyone know that we're very, very close to their target inflation number.
And it looks like inflation is under control, which means they can now cut their rates.
And this is when everything really starts to fall apart.
And this is when the economy Starts to shake shimmy and pretty much implode because what that is going to do it's going to start a chain reaction and you're going to start to see the market come down.
Remember they always boost the rate up.
They tip the economy over the edge and then they start to bring the rate down.
They've already done this.
They're just waiting for the right moment, because remember, their entire plan is to do what?
Make Biden look good and at the same time bring us into their new system.
Now, once again, people are probably thinking, well, if they're making Biden look good and they're going to crash the system, how is that going to work out?
Well, remember, they're going to have a cover story.
They're not going to say, hey, by the way, since we cut the rates, that's what made the entire system completely and utterly implode.
And Biden's to blame or his administration is to blame.
They're going to blame it on an outside event.
And most likely that's going to be a cyber attack because they've told us about this many, many times before.
So I do believe as we move forward, what we're going to see is they're going to build this up.
They're going to prepare the economy for this crash, and they're going to blame it on an outside event, which is a cyber attack, because again, we will be approaching war.
And they told the IMF actually told us that the financial institutions, they are susceptible to cyber attacks.
We're seeing a lot more stories about cyber attacks from Russia.
Most likely they'll blame it on Russia.
And it looks like they're preparing the entire narrative for this.
In the meantime, what's going to happen is the economy, the internal, the internals of the economy, they're going to break down.
And people are going to realize this.
People are gonna notice it.
Just like you're seeing companies lay off.
You're going to see a lot of people, they're gonna be losing their jobs.
This is a terrible, terrible thing that people are gonna lose their jobs.
And people are gonna be very, very angry.
This is going to wake a lot of people up because they're going to want answers.
And when they hear Biden and the Fed saying everything is great and they're saying, well, why did I lose my job?
I know two other people that lost their job.
This makes no sense whatsoever.
It seems like you're lying to us right now.
And when they tell you that inflation is under control and you go out and you purchase something, food didn't come down.
Inflation is still there.
It's just moving up slowly.
But remember, it's cumulative.
So you're still feeling the same exact pain.
So no one is going to buy what they're selling, and this is going to be a major, major problem for them.
And the people are going to realize that, yeah, you've been lying.
The economy's not better.
I feel it's getting worse.
And most of the time, the people, they know.
They know way before The fake news, the government, because they're experiencing it every single day and they know when people are lying to them.
So in the end, what we see happening right now is the people of this country and the people of the world, they're going to understand that the economy is falling apart because they're going to be feeling it.
They're going to see who the liars are and Trump is going to let everyone know that You know, if you don't if you vote for Biden or whoever else is running, the market's going to really come down.
And I do believe you're going to see fluctuations in the market.
Like we said before, we'll probably see the market come down.
Maybe the first drop, maybe 10 percent or so.
People are going to get nervous and afraid.
Then it's going to go back up.
They're going to tell you everything is fine.
Then it's going to come down again.
And I do believe Trump's going to say, listen, if you don't elect me, the market's really going to crash.
And I do believe when people see the market come down the first time, the people are going to panic.
And the people are no longer going to believe the Biden administration, the Fed and the rest, and they'll be looking for Trump for solutions.
And I do believe this with war, with a cyber attack, I do believe they are going to lose the people and people are going to look for someone that can remedy the situation.
And Trump, remember, he has the ultimate weapon, and that is peace, because once you have peace, we don't have war.
If we don't have war, there's no cover up.
Of the deep state, the central bank, destroying their own system, which means that people see everything as clear as day.
Just like when Trump countered the plandemic, everyone went back to work, kids went back to school.
What could you see very clearly?
You could see how they were trying to push the Great Reset.
You could see how they were trying to push the Green News Scam.
And for people, it didn't make sense.
Remember, they never wanted you to see any of this.
They thought you'd be stuck in your house.
They thought you'd be afraid to come out.
They thought the economy would break down because the supply chains would dry up.
But now, going about your business and you see what they're doing, people understand that this is not going to work.
And what did people do?
They rejected everything they're trying to do.
And again, the people, they know.
And as we get closer and closer to the presidential election, people are going to know.
They're going to understand and they're going to realize who the liars are and who the truth teller is.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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