Bob Kudla – EU & China Are Boxed In, No Escape, The Entire Economic System Is About To Change
Bob is the created and owner of Trade Genius Academy. Bob also does a podcast on YouTube which is called Trade Genius. Bob begins the conversation talking how the EU countries and others are backing off the net zero agenda. They are realizing that if the US does not do the same thing the people of those countries would recognize that the installed politicians destroyed their countries purposely. The EU and China are boxed in, Trump has the leverage and these countries know it, it’s just a matter of time. Gold and Bitcoin are going to make new highs as the parallel system is formed. The [CB] is in the losing position and the entire economic system is about to change.
Every six years, your dollar loses half of its buying power.
That means a $100,000 savings account today could feel like $50,000 by 2031.
And you see it every time you fill up your tank, buy groceries, or pay the bills.
Prices are up, your dollar is down, but there's a simple way to protect the value of your savings with something real, something proven.
It's called gold.
An asset that holds its value over time.
That's why I trust Noble Gold Investments.
They make it simple to protect your savings with physical gold or silver, no high pressure sales, no call centers, just honest guidance, one-on-one support and transparent pricing.
And right now, when you open a qualified account, Noble Gold will send you a free 10 ounce silver American flag bar as a thank you.
Head to x22gold.com today to learn more.
That's x22gold.com.
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That is ReliableRxStore.com Hi, and welcome to the X22 Report Spotlight.
Today we have a returning guest, Bob Kudlow.
Bob is the creator and owner of TradeGeniusAcademy.com, and I am very happy to have Bob back on the X22 Report Spotlight.
Bob, welcome back to the Spotlight.
Dave, thanks for having me.
Hey, thanks for coming on again.
And we can see there's a lot of things changing in the economy right now.
And when we look out in Europe and out past the United States, we see Germany, New Zealand.
It seems like they're starting to backtrack.
On net zero, do you think the Green New scam is now finished?
Yeah, I mean, look, these people can't afford electricity prices.
And now that we're all slipping into recession, it's becoming obvious to consumers that this whole thing has been a joke.
And so they can't afford...
And now we ended up with an environment where inflation is just ravaging people and energy costs are the most visible.
So, yeah, look, I think, you know, look, Germany's trying like heck to keep the AFD party, you know, out, but the Greens got absolutely obliterated.
And so I think just a matter of time for Germany says, Hey, we got to get off the suicide watch.
And then New Zealand, You know what this reminds me of?
It reminds me of the vaccine passport when, like, New Zealand and all the European countries, they were all for it.
Let's do it.
And then all of a sudden, the United States, because of the Constitution, it didn't happen here.
They tried it here.
It didn't happen.
And all of a sudden everyone, you know, went the opposite way.
Yeah.
You know, what's so funny is that they, um, they're always trying to push us into, into their illegal globalist agenda.
And that, that's a stupid thing called the constitution.
He's protecting us.
So, uh, They said everybody's going to follow Trump on everything.
So I forget the one thing they're saying they're freaking out about.
If Trump follows through with some sort of, oh, the tax on NGOs.
I don't think the United States is starting it, but if that thing comes into play around the world, You know, you'll destroy, you know, oh, El Salvador was the first one to do it.
Yeah, and I think the United States would be looking at saying, hmm, you know, it's an easy way to steal money, right?
So, you know, for government and an easy way to destroy the shadow of government because that's really how they operate, you know, as we all now well know.
Is they operate through the NGOs.
And can you imagine if they, because what they do with the NGOs, that, you know, they launder the money from one NGO.
Can you imagine each one reporting that, oh, look, this is what we made and they're paying taxes on each time it went to another NGO?
That would be, it would destroy the whole thing.
Yeah, because it's not based on profit.
It's based on receipt.
So it's brilliant on Bukali's part.
And everybody's like freaking out, man.
If Destiny catches...
And then, you know what?
Nobody's going to give to the NGOs, right?
Because they know if 30% of it's going to go to another government, why bother, right?
That is absolutely true.
And that would destroy their entire network.
Yeah, we got to dismantle that whole thing.
You like how we segued right away from your question?
Sorry about that.
No, that's fine.
Let me ask you about the announcement from OPEC, because they're going to increase production of oil.
And we know here in the States, Trump now is setting it up where they can get permits in a month.
They don't even have to wait that long.
I think he's going to remove most of the regulations.
I mean, do you see oil prices going down, gas prices going down now?
Yeah, I think...
So every time it's gotten down there, it's kind of touching the third rail, if you will.
And it blows back up to about $65.
So I think we're going to be staying in this range between $55 and $65.
And that's going to help.
And you've got to remember, too, some governments will negotiate better rates with OPEC.
You have a situation where production will try up.
And Trump wants the best of both worlds, right?
He wants max production at the lowest possible cost that's profitable for the energy companies, right?
So I just think we're going to probably stay in that range.
If we fall below that range, it's because we're deep into a recession.
And everything you got to understand, OPEC's doing this because it gives Saudi Arabia immense leverage.
And you have United States and Saudi Arabia are kumbaya right now, and it puts a lot of pressure on Russia and Iran to play ball, you know, because they're not profitable at these levels currently.
And if the Saudis just start dumping the oil everywhere, and the other thing you have to keep in mind, too, is that this deal with Qatar and Bahrain and, you know, basically the Trump victory tour in the Middle East, And one of the things that they wanted was Syria to come out of the sanctions, and they're going to run a pipeline right through Syria, right through Turkey, right into Europe.
And that's going to solidify that environment because now Turkey has a vested interest in a safe Syria.
And that's what Israel wants, what the United States wants, and it bypasses Russia's ability to sell natural gas into Europe.
So there's a lot of good guys happening there.
And it looks like Trump, from what I see, is that he's putting a lot of pressure on Putin.
Maybe he's using this as leverage to get the peace deal done.
Yeah, absolutely.
No doubt in my mind it's part of the process.
And what happens if Trump removes the taxes, the regulations, and all of that from the oil?
I mean, that will give them the ability to bring the price down even further, wouldn't it?
It would.
I just don't know how to quantify it.
I just know at $55, production starts going offline.
And so maybe brings it down even a couple more bucks, you know, and it just helps.
you know, I was just, you know, I come back to California with 480 oil.
Yeah.
Tears coming down my face.
Energy costs don't have to come much lower here.
People, I think, are pretty comfortable where they are.
But it's all the manufacturers, their prices come down to.
Really, natural gas.
It needs to drive natural gas prices down.
That's what industry really needs.
Yeah.
So the Fed right now, I mean, they're in a holding pattern.
And I find this very interesting that, you know, we need to look at everything before we, you know, lower the rate.
But during Biden's economy, right before the election, of course, they lowered the rate.
And let's see, they were fed fake job numbers.
Inflation was off the charts.
Unemployment was very, very high.
But it was okay to bring the rate down.
Now they're saying, okay, yeah, Trump's getting the inflation rate close to 2%, but no, we got to hold.
Yeah, he has a lot of investment coming back to this country, but we got to hold.
I mean, what's your thoughts on that?
They want to try to nudge Trump away from tariffs.
They want to nudge Trump away from his budget.
So they're trying to say all the things he's doing is going to cause this massive inflationary storm in the United States.
And I think Trump's just waiting them out.
You know, we're at a point now where, you know, they...
In fact, you're starting to hear that whispering through the halls.
If they get a flash crash because interest rates were too high, Trump will just go nuclear on Powell.
And I understand there was a Supreme Court ruling that basically suggests that Trump can remove Powell.
And he may just say, I'm removing this guy for incompetence.
Yeah, but I think at some point, and if Powell and Trump are in simpatico, is that I think we'll start seeing interest rates fall in June and July and fall throughout the rest of the year.
Because, you know, we really don't have inflation.
You know, they talk about higher prices.
Higher prices and inflation are two different animals.
And inflation is really the increase in the money supply.
You know, times velocity over productivity.
And we're tightening, okay?
That money supply is actually drifting down.
And so at some point, you know, that's going to bite.
And they don't want to be behind the curve.
So my suspicion is when you and I talk in July, I think we're going to see a first rate come between now and July.
And what do you think would happen if they cut the rates?
I mean, would that help the economy, hurt the economy?
What do you think that would do?
Yeah, it'll help the economy and hurt the stock market.
And maybe that's why they stopped too.
There's a really weird thing.
The stock market follows the Fed funds rate.
So the Fed fund rates falls, the market takes that as a signal that the Fed is behind and that now they're lowering and the market follows it.
And the reason, when the trophies were rising, you know, during the Biden years, people were like saying, hey, you know, can it kill the stock market?
But you know, the stock market kept moving up with it.
And I think that's why they worry about, if they start lowering rates, their perception is that we're going into recession.
So and plus, you know, we have record amount of money sitting, sitting in money market accounts.
So he's going to have to lower interest rates to shake those people into the long bond.
OK.
And, you know, because Trump still has that nine trillion dollars of refinancing to deal with.
And what's very interesting about all this with it.
And I think you mentioned this, like, I'm going back a couple times.
Let's talk about protecting our wealth.
Here's the hard truth.
Every six years, your dollar loses half of its buying power.
That means a $100,000 savings account today could feel like $50,000 by 2031.
And you see it every time you fill up your tank, buy groceries, or pay the bills.
Prices are up, your dollar is down.
But there's a simple way to protect the value of your savings with something real, something proven.
That's called gold.
An asset that holds its value over time.
That's why I trust Noble Gold Investments.
They make it simple to protect your savings with physical gold or silver.
No high-pressure sales.
No call centers.
Just honest guidance.
One-on-one support and transparent pricing.
And right now, when you open a qualified account, Noble Gold will send you a free 10-ounce silver American flag bar as a thank you.
Head to x22gold.com today to learn more.
That's x22gold.com.
Don't just protect your wealth.
Reserve its power.
And remember, there's always a risk of investment and there's no guarantee of any kind.
Let's talk about protecting our wealth.
According to experts, achieving a comfortable retirement will require $4 million.
And with inflation picking up pace, the pressure is on.
But fear not, there's a solution.
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Don't wait any longer.
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Were you expecting it to happen right now?
No.
Actually, we're surprised.
And, I mean, it was a happy surprise.
But what it did, though, do, though, too, which gets us a little nervous, is that We may have a weekly swing failure here that could push Bitcoin down a bit before it goes back to assault highs later in the year.
And so this is a good guy.
I think what happened is that everybody's getting nervous about the bond market.
And if they start doing QE, I think it'll hurt Bitcoin in the short term.
If you notice, some of these, like CEP and MetaPlanet, ASST, All these new age leverage Bitcoin plays were rocketing.
Well, they all got baseball bats hit under their heads here yesterday and today.
And so what tells me is that as long as 108 holds on Bitcoin, then we could probably assault like the 121 next.
But if 108 breaks, then we're probably looking at maybe a $10,000 drop to $98,000.
And then we have to kind of wait and see what happens there.
I get this question all the time.
Is the Bitcoin move over?
And the answer, of course, is no, because governments haven't changed.
But they can manipulate it in the short term by providing a more profitable alternative, i.e.
like doing QE.
You notice gold's been popping, too.
So those are the safety valves.
But that's kind of our view on it.
You know, I know a lot of people are throwing out the 150 to 200K.
Will it get there?
Of course.
But it's not going to get there, I don't think, in the short term.
I think we're going to get a pullback before we launch again, Dave.
So what about gold?
I mean, you said, yeah, gold is also going to pop.
I mean, do you think from everything that you look at and everything that you do, I mean, how high do you think gold is going to go?
It's an interesting question because the higher gold goes, the more it helps Trump in the long term.
And we talked about that before on the show because he has the ability to reprice the gold at Fort Knox.
So, look, I think by the time this year ends, I think we could be looking at over $5,000, $5K in gold.
And if Bitcoin is hitting that $150 to $200,000, let's just say I'm wrong in the short term and I think he's ripping, gold's going to go right with it.
So I just tell people, don't overthink it.
Just own some of each.
And then you get the dips.
Add on the dips.
Sell a little bit when it's ripping so you can just keep bringing your cost average down.
But we've just been having a great old time with both the miners in gold and silver and trading these derivative products that are associated with Bitcoin now.
MicroStrategy, Misty, Mistex.
Bino, you know, all those have been doing really well for us.
Yeah, so if people wanted to get into trading and they know nothing about trading, do you have any specials running this month?
Yeah, we do.
Like we always do for your listeners, Dave.
And one more thing, too, we tweaked our pricing a little bit.
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And then we have one that if you just want to get all our algorithms, but in a chat room.
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In terms of trading options, trading futures, and some of these day trades that we do.
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And since we're almost at the end of the month, they'll be available, Dave, all the way into next Friday for your listeners.
So, yeah, so take advantage of it.
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So even when the market gets crazy like it is up and down.
We're able to find those traits.
Great.
I'll put all the links at the bottom of the video to make it easier for people to go over.
Trump right now, he is now going to increase tariffs on the EU, and it looks like he's going to be moving them to 50%.
Your thoughts on why he is now doing this?
Yeah, he views Europe as the enemy, not China.
And so...
You know, they've been using our money, they've been using our people, they've been using our resources to fight their wars for them.
We've been subsidizing their military.
We've been subsidizing their health care.
We've been subsidizing their social security, all that stuff.
So I just think it's a time that Trump is to say, hey, enough of you guys.
And I think he views Europe as more of a strategic threat than China.
And that's my personal opinion on it.
China's easy boogeyman, right?
Russia's the boogeyman.
But really, I think this EU, you know, and I look at France and Belgium as kind of the axis of evil, if you will.
England to an extent, too.
Remember, the United Kingdom was behind Trump getting impeached last time.
And so, you know, I think there's issues there.
And I think Trump senses it.
And so I think he's going to go hard at those guys.
That thing he did, you know, two weeks ago with the Medicare, you know, and then they're going to incorporate that into the law.
You know, that was another thing.
That was how many hundreds of billions of dollars we handed to the Europeans that we personally paid for.
So I have a dog that just came in here.
I apologize.
And so, yeah, I think he's going after Europe.
And I think he should.
Europe's very vulnerable.
They have no resources.
All they have is the ability to manipulate.
So that's my point.
Do you think if there were no tariffs and they weren't getting all our money, you think Europe would just implode on itself?
No doubt.
Europe is simply Disneyland at this point.
And the other thing he did, he also was now telling Apple that, listen, I'm going to put a 25% tariff if you don't build the phones here instead of India.
What do you think Apple's going to do?
They have no choice.
Look, we know you're producing an Apple iPhone in China.
You know China has been inserting all those components with spyware, right?
So we're going to have to get that stuff back to the United States, period.
And Tim Cook may have been dragging his feet, and Trump basically said, India's not your substitute, it's the United States.
So yeah, he had no choice.
Nobody's going to pay 25% more for an Apple iPhone.
Yeah, I agree with that.
So do you think a lot of companies will be coming back to the United States with all these tariffs?
Yeah, so I think the big thing people are talking about, oh, we don't want toy manufacturers back to the United States.
Well, Trump doesn't care about toy manufacturers.
He doesn't only care about clothing manufacturers, per se.
He laid out the industries that he wants back to the United States, right?
What I would call primary industries and strategic industries and technology industries.
Those are going to be in the United States.
Everything else, you know, Moxnicks.
But ironically, out here in California, clothing manufacturers are coming back into the country, Dave.
What's really interesting is that because it's basically time to market, right?
With AI and machine learning and advanced manufacturing is that robotics that
And if you're a clothing manufacturer and working with a fashion house or working with a retailer, instead of having to buy eight months worth of or buy inventory eight months in advance of your market, now you can go out six weeks.
You can refresh inventory.
You can react to changes in trends.
And I think you're going to start seeing more and more of that.
And same with all kinds of suppliers.
All the people that work inside the supply chain can just be bolted onto the end of a factory here.
And you can retool and you can get your parts within weeks versus months.
And look, the China advantage is over.
You know, the arbitrage, you know, with labor, the arbitrage with environmental, those are gone.
And so you have a situation now where you have the advantages now towards the technology closer to customers.
And then Trump's just making it harder for them to leverage it.
So with this one big, beautiful bill, which...
I see like, you know, Barack Obama and the rest that, you know, they're all, oh, you're going to lose your Medicaid, you're going to lose your Medicare, you're going to lose your health insurance.
Actually, that's what happened with Obama.
But, I mean, do you think this is going to change the entire economic system if it does pass the Senate and gets to Trump's desk?
Yeah, so, you know, I think round one.
This is solidifying political moves, right?
So Trump's going to be able to go into the next House elections basically saying to anybody that's middle class or in a service or in a union position, saying, I had your back.
The Democrats never had your back.
He can go into Nevada.
He can go into Detroit.
Remember, he's also going to, if you buy a car in the U.S., you get a tax credit.
And that's going to force more card manufacturers to manufacture here in the United States, which also is going to destroy Europe, because that's what their biggest export is to the United States.
And so I think a lot of that is going to be less economic to me, even though personally for people, it'll be economic to them.
But it's really solidifying the political base.
Remember, part of this is going to be defunding the whole agency That's here.
And so in the NGO industry.
And so he's going to take away the funding sources for the Democrats at the same time.
But I think the next bill after that is going to be probably even more of an economic, because you're going to start seeing manufacturers here.
You're going to start seeing Trump start doing deals with manufacturers, just like he did with the homeless vets.
I'm taking money from the homeless, you know, illegal aliens.
I'm giving it to the homeless vets, right?
He's going to start dropping, hey, you need a billion dollars to get that plant built in in this enterprise zone.
We'll give you a 0% loan.
You'll start seeing more and more of that stuff as we get closer and closer to the next midterms.
So when you say the next bill, you mean the bill, is it going to be after the midterms?
Oh, yeah.
No, I'm sorry.
So this is the markup to go into next year, right?
Right.
I'm talking about the markup that's going to go into the one that's going to come out right before the next election.
Okay.
You know, that's when he's going to start dropping, you know, very tailored types of things.
This area here was the big, beautiful bill basically puts us into a different football field.
Yeah.
Well, I also think those people that are, you know, working overtime that where they're not going to get taxed, like, you know, police officers, firemen and many others, I that's going to just put a lot more money back into the economy because we're not getting taxed on that.
Yeah, a lot of people didn't want to work overtime, you know, because I. Right.
And companies didn't really want to offer it, you know, but they don't have enough employees.
So now this is kind of a win-win.
Companies can hold their nose and, you know, do the overtime.
And so they don't have to hire more people short-term.
And the people make more money out of the deal.
You know, it's funny because, like, my daughter, she's in a business where she gets a lot of tips.
You know, she was indifferent to Trump.
And then I mentioned that to her.
And her and her other friend said, oh, we now love Trump.
Yeah, of course.
Well, I think just with the no tax on tips, no tax on overtime, no tax on Social Security, think about all the people that can be like, you know what, I'm voting.
I don't want to go back and give the taxes.
Yep.
Democrats know it.
Look, he took away...
Right.
Nothing.
He's taking it all the way.
Yeah.
Well, why do you need them?
You already have me.
And so I think it'll be a really interesting environment.
Look, we're going to probably slip into a recession here between now and the end of the year.
But I think at this point, it'll be short-lived.
We're not going to come booming out of it.
I think it's still going to be kind of an L until all this manufacturing comes back into the U.S. And then I think things will probably boom in 2027.
I think we've been in a recession.
I mean, I think we've been in a recession.
I think what we're doing is he's transitioning.
Actually, he's going to bring us, yes, it might get a little bit worse because we're going through the transition, but I think that we've always been, I think when they look back in time, it's almost like when I remember 2008, 2009, the And I think what's going to happen is we're going to go back in time and we're going to realize that we've been in a recession.
Yeah, GDP is less than...
Yeah, yeah.
So I think we have been, too.
I agree with you.
It's just, you know the old song, right?
If your friend lost your job, it's a recession.
If you lost your job, it's a depression.
I think that's how people see it.
Yeah, I agree with that.
Hey, Bob, thank you very much for being on the X22 Report Spotlight.
Once again, if people wanted to join up to your trading system, where should they go?
TradeLikeagenius.com.
And we have three different...
Plans for you to pick from.
I'll heavily discount it.
Pick the one that works best for you and it will definitely help you make money in the stock market.
We'll at least give you a chance to put some really good methodology behind what you're doing here.
If you follow it long term, our results suggest that you'll make money in the long term with us.
Thanks for letting me pitch that, Dave.
And thank you and enjoy your long weekend.
Yeah, thank you very much.
Thank you for coming on the X22 Report Spotlight.
I really appreciate it.
Thank you.
You're welcome.
No high-pressure sales, no call centers, just honest guidance.
One-on-one support and transparent pricing.
And right now, when you open a qualified account, Noble Gold will send you a free 10-ounce silver American flag bar as a thank you.
Head to x22gold.com today to learn more.
That's x22gold.com.
Don't just protect your wealth, preserve its power.
And remember, there's always a risk of investment and there's no guarantee of any kind.
Let's talk about protecting our wealth, okay?
According to experts, achieving a comfortable retirement will require $4 million, and with inflation picking up pace, the pressure is on.
But fear not, there's a solution.
Bitcoin has recently surged to a record high of over $111,000, making it the ideal asset to potentially transform $100,000 into $1 million within just five years.
With my digital money crypto IRA, you don't just grow your wealth, you keep it.
With the most robust cold storage security in the industry, your crypto is locked down and tax-free.
Don't wait any longer, take control of your future by visiting mydigitalmoney.com today, or call now to speak with a U.S.-based person you're interested in.
That is MyDigitalMoney.com.
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