Bob Kudla – Federal Reserve Not Independent, Bitcoin Will Challenge The [CB], Gold Will Be Revalued
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 about how fuel prices did not rise when the event was happening with Iran. Oil actually dropped in price. The Federal Reserve has no proven the world they are not independent they are in line with the [DS] players. Bitcoin was created to challenge the fiat system and soon the people will see that the fiat system does not benefit the people. Gold will be revalued and it will destroy the Fed.
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.
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.
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.
Hey, listeners, if you're in need of trusted medication like ivermectin, hydroxychloroquine, amoxicillin, look no further than reliablerxstore.com, your reliable online pharmacy for high-quality generics.
Not only can you save up to 70% compared to brand name options, they can guarantee swift express shipping that's discrete, ensuring your medications arrive quickly and privately at your doorstep.
Ordering online requires trust and they take that seriously.
That's why they're offering privacy-focused packaging, secure payment options, and a dedicated customer support team that's with you every step of the way.
They're committed to making sure your experience is seamless, safe, and private.
And here's a special offer for everyone that's listening.
If you use promo code X22 to get 10% off your order, plus spend over $299, they'll throw in free shipping, making it easier than ever to get the medications you need.
If you can't find the medication you're looking for on the website, no worries.
Just send them an email and they'll arrange it for you.
Visit reliablerxstore.com and order with confidence.
They're here to provide you with affordable, high-quality health care delivered fast and discreetly.
That is reliablerxstore.com.
Let's talk about protecting our wealth.
Presenting my digital money, where retirement grows and stays safe.
Experts say you'll need $4 million to retire comfortably.
And with inflation rising fast, even $100,000 a year is now considered low income according to MIT.
So how do you get there?
Bitcoin may be the answer.
It's already surged past $111,000 and top analysts say it could reach $300,000 to $1.5 million by 2030.
That's the kind of growth that can turn 100,000 into 1 million in five years.
But don't just grow your assets, protect them.
With My Digital Money Crypto IRA, your Bitcoin grows tax-free and is secured in military-grade military signature cold storage, keeping your assets safe from online security threats.
Even better, your holdings are segregated from business operations, so there's no commingling and you never are treated as an unsecured creditor, unlike other platforms.
Go to mydigitalmoney.com to get started.
Grow it, guard it, own your future.
Hi, and welcome to the X22 Report Spotlight.
Today we have a returning guest, Bob Kudla.
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.
Hey, Dave, thanks for having me.
Hey, thanks for coming back.
And wow, since the last time we spoke, a lot has happened right now.
And it's absolutely unbelievable what's happening.
So let's just start off with what's going on with Iran.
It looks like now we're in the peace phase of it.
And what's very interesting about all this, there was talk about, you know, the Strait of Hormuz closing.
They were talking about oil prices were going to skyrocket because normally during war, this is what happens.
And everyone was scratching their head because oil prices didn't do what the mainstream media said it was going to do.
All the economists said it was going to do.
And in a strange circumstance, it seemed like oil started to come down.
What happened?
Yeah, I mean, actually, not just come down.
It actually collapsed.
I think it was like 78 and it's down.
I think it's down looking at right now around $65 a barrel.
So I have two theories on this.
One is that the market always knows and the media, they always try to portray these enemies of the United States.
And I mean, even Israel, they try to make these enemies into things that they are not.
Remember the Iraq war?
Hundreds of thousands of Americans dead, fourth largest army in the world, impenetrable air defenses.
We won that war in 37 days, right?
I think the biggest loss was a ballistic missile hit at Chow Hall.
Okay.
So I think what we get here is that there's a lot of narrative building involved here.
And I don't know if it's the defense complex trying to always saying, hey, we need more money because our enemies are so strong.
But the market wasn't buying any of it.
I think the market knew, I mean, you and I probably knew that, you know, once the ballistic missiles, Israel can intercept them all.
And, you know, yesterday or the day before, you had, they fired 10 rockets in the cutter and intercepted all 10 of them.
Is that there was no other way for Iran to project power?
And they seem unable to get quote unquote sleeper cells.
So the market just concluded that Iran's toast.
And interesting about the Strait of Hermuse is that Trump called China.
I can imagine the conversation went like this.
Hey, buddy, you need to get on the same side of the page as we are.
If they close the Strait of Hermuse, it's going to benefit me and destroy you.
And China made that statement to Tehran saying, hey, buddy, our oil goes through that straight.
What are you doing?
And I think at that point, the market just said, hey, you know, I wouldn't call it necessarily peace.
Let's call it detente, right?
But the market, I think, was way ahead of everybody else on that.
It's just that they like to pump these things, you know.
And the other thing, too, is, I'm sorry, I'm jumping around a little bit too, the speculators were actually pretty short oil.
And sometimes when you do these things, they're called stop runs.
They kind of squeezed it up and where they get a better position for a bigger short.
I mean, people made a fortune yesterday on oil going down $12.
I'm talking about life-changing money people made.
So I think part of that is the manipulation of the markets.
Nobody seemed to be too concerned.
And now we know Iran has no ability now to project power.
The mullahs now are going to be lucky if they survive an internal civil war, which is likely coming.
I think that's more likely a chance for oil prices to go up in the future than the war.
Look, Israel just totally ignored, for the most part, they ignored their ability to create and produce oil, if you notice that.
So I'm sure the United States said, hey, that's last ditch, dude.
You know, leave it to go.
I'm sure the Chinese said, hey, don't destroy my economy here when you're battles.
And that's where we are.
So really, really interesting to see.
I think the bigger play is going to come out over the next 12 months.
And I think what people saw, and actually Trump put out the message telling, we got to drill, baby, drill, that in a case of war we were seeing and the way the media was playing it up, I think people started to realize, well, wait a minute, if we're dependent on this and the rest of the world is dependent on this, wouldn't it be better if we were energy independent?
Because, I mean, look, Biden used up a lot of the strategic petroleum reserve.
And if this actually went into it, like a full-out war, we'd be kind of screwed in a way.
And I think this is a wake-up call.
And I think this is going to allow Trump to make his case that we need to make sure that we have the oil, make sure that we have the energy that we need.
So I think his message was very important.
Yeah, well, I agree in this more than just energy.
I think it's his overall strategic intent, right?
So it's not just oil.
You know, let's not be energy dependent on anybody.
You know, let's not be food dependent on anybody.
Let's not have our high-tech manufacturing.
Let's not have our pharmaceutical.
I think he makes the case that we need to have enough manufacturing or enough commodity production in the United States or in very friendly hands, like i.e.
Canada, in order for our economy to survive.
I'm sure it's a wake-up call for China, even worse than us.
Straight of Hamuse really affects China more than everybody else.
However, oil is fungible, right?
So we would have felt the effects of it too.
I mean, I think China might have had a way around it.
They have their railway that goes from Iran to China.
So worst case scenario, if they weren't getting the oil from the Strait of Hermuz, they probably would have put them on train cars and started shipping them in that way, like a backdoor type of access to their oil.
Yeah, that's true too.
More expensive, but you still get it.
You still get it.
Now, what's very interesting is that the Fed, I think they just announced it that they're going to hold steady.
I don't think that's really a big surprise.
It feels like they're waiting for something to happen because in their statement saying, well, what happens if inflation goes up?
I mean, that's, to me, I personally think that's a ridiculous statement.
Okay, if it goes up five years from now, you're really, that's what you're worrying about.
But they didn't worry about it with Biden.
You know, the guy that, you know, increased inflation almost up to 9%.
When it came back down, they weren't worried that it was going to go back up.
Trump has just lowered inflation this entire time, but they keep putting out the message that, well, what happens if it goes up?
We're expecting something to happen.
And I feel like first we had the Moody's downgrade and they were expecting something to happen.
Here we have war.
They were expecting oil to go up, which was going to make inflation go up.
None of these things happen now and they're still in a holding pattern.
What do you make of all of this?
That the Fed is overtly political animal and they make zero economic sense.
Look, I think the owners of the Fed are pissed that Trump has tariffs on and they want Trump to remove the tariffs.
So that's number one.
Number two, the banks are getting pretty fat off these 90-day yields and differentials with this high interest rates that we're paying.
And so they want to milk it as long as possible.
And there's another reason, too.
So if you look at the stock market, interest rates go up, stock market goes up.
Interest rates go down, stock market goes down.
And so once that process starts in earnest, then I think you'll see the stock market rolling over.
So I think all three of those things are in play.
I mean, look, Powell doesn't have a leg to stand on.
He had the goofiest ass explanation this morning to Congress saying that tariff things may not be transitory or some crazy thing like that.
Isn't that funny?
It's like he's like, he's like pulling word salads out of his rear end.
I agree.
I think he's just trying to figure out a way to keep the rates the way they are.
And he's just, I think that window is closing and he's just struggling now to try to explain himself.
Yeah, I mean, look, I think, you know, come August, September, this market made this fall on its own weight because you have a lot of, and maybe that's what he's waiting for, you know, because a lot of people took loans out five years ago at very, very low rates.
They got to roll them over.
Okay.
In August and September, like our big rollover months, the banks are just going to get these huge fat increases in these debt rollovers.
So you're going to see either a lot of people walking away or people not renewing or being stuck with really high rates.
And I think at that point, that's going to probably push in a recession.
I'm really annoyed at the guy because he had no problem lowering rates for Biden ahead of the Biden's election with Trump.
Now all of a sudden they found religion.
And like you said too, I mean, they're torturing the dictionary in order to explain the glide path that Trump has everything on.
And you think about it too, you know, with immigration, like it or hate it, if you move these people out of the country, they're not spending federal money.
They're not spending rate rents are going down.
In LA area, I have neighbors that are big into the rental and flipping markets in LA.
They said there's a lot of pressure now on these apartments.
Around here where I live, all the high-end luxury apartments are staying unleased.
And so, you know, there's going to be pressure on that.
And remember, rent and energy, food and healthcare really drive the cost of living, if you will.
And three out of four of those are falling.
And so they just can't keep up this charade much longer.
They're going to happen.
We're going to get September, October.
We're going to get some sort of dissipation.
And then the Fed's going to be in panic mode.
Their time is running out.
And whatever they're expecting to happen, I don't think it's going to happen the way they think it's going to happen.
And it never does.
I mean, what happens if the Fed lower the rates right now?
I mean, what would the economy do?
Economy wouldn't do much more.
Well, I take that back.
The stock market wouldn't do much more, but the economy is a relief for the middle class.
So, you know, the refis over the next 12 months will not be as severely going up or some cases falling.
It'll stabilize the, you know, the interest rates people pay on credit cards.
It'll just put more money in the pocket of normal people.
Remember, rich people aren't in debt that way.
It's the poor and the middle class that are slaves to this system.
They'll get relief.
They'll keep spending.
You'd have economic activity rise, Dave.
And the economy would probably do a lot better.
Which they don't want, Dave.
Yes, they do not want that.
Yeah.
Yeah.
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.
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.
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.
Hey, listeners, if you're in need of trusted medication like ivermectin, hydroxychloroquine, amoxicillin, look no further than reliablerxstore.com, your reliable online pharmacy for high quality generics.
Not only can you save up to 70% compared to brand name options, they can guarantee swift express shipping that's discreet, ensuring your medications arrive quickly and privately at your doorstep.
Ordering online requires trust and they take that seriously.
That's why they're offering privacy-focused packaging, secure payment options, and a dedicated customer support team that's with you every step of the way.
They're committed to making sure your experience is seamless, safe, and private.
And here's a special offer for everyone that's listening.
If you use promo code X22 to get 10% off your order, plus spend over $299, they'll throw in free shipping, making it easier than ever to get the medications you need.
If you can't find the medication you're looking for on the website, no worries.
Just send them an email and they'll arrange it for you.
Visit reliablerxstore.com and order with confidence.
They're here to provide you with affordable, high-quality healthcare delivered fast and discreetly.
That is reliablerxstore.com.
Let's talk about protecting our wealth.
Presenting my digital money, where retirement grows and stays safe.
Experts say you'll need $4 million to retire comfortably.
And with inflation rising fast, even $100,000 a year is now considered low income according to MIT.
So how do you get there?
Bitcoin may be the answer.
It's already surged past $111,000 and top analysts say it could reach $300,000 to $1.5 million by 2030.
That's the kind of growth that can turn 100,000 into 1 million in five years.
But don't just grow your assets, protect them.
With My Digital Money Crypto IRA, your Bitcoin grows tax-free and is secured in military-grade military signature cold storage, keeping your assets safe from online security threats.
Even better, your holdings are segregated from business operations, so there's no commingling and you never are treated as an unsecured creditor, unlike other platforms.
Go to mydigitalmoney.com to get started.
Grow it, guard it, own your future.
Yeah, just amazing to me.
It's amazing to me that they're so overt, you know, but they're dealing with a guy that has no problem calling them out.
No, that's that is true.
Now, the other thing, I mean, after, it's funny, during the Iran event, I don't even call it a war, we saw the market really didn't go down.
I mean, it went a little bit, but then it went back up.
Now, after the ceasefire was, you know, brought out into the open and hopefully peace and we're done with it, we saw the market shoot up.
Do you think the market's going to continually move up and up and up?
We're so close to a top.
And this is an area that gets a little out of my ballywick because there's so much derivatives are involved right now.
So I'm going to lean a little bit on the quant guys that deal with this stuff.
They said there's potential, you know, double top, maybe even a peekaboo new high potentially this summer, but mostly chop.
But they say August and September, there's definitely going to be a change to derivative markets and a change to the credit markets that can cause a really sharp spike down in the market to 30 or 40% correction.
So I'm already in that camp that we will roll into a recession and roll into a pretty good market sell-off.
But they're given the reason why is not necessarily economic activity faltering as much as the market is leaning too far one side of the boat and you have these severe dislocations that cause the markets to roll over and then they become self-fulfilling prophecies that companies get scared, you know, the drill, and then you create a recession from that.
That's what those guys are thinking.
And they've been pretty right as rain, you know, over the last couple of years on these derivatives.
So I like to say it's my idea, but I agree with it.
Now, the other thing that we could see Trump wants, he wants the Genius Act passed.
And it seems like he's trying to push crypto into the spotlight and it might even back the US dollar.
I mean, what's good and bad about the Genius Act?
So this is the stablecoin thing.
So there's actually two Genius Acts, by the way.
So this is the stablecoin move that they're trying to make.
It's really actually pretty clever, Dave.
So if they establish a stablecoin, the good news on stablecoin is going to provide liquidity to the crypto markets.
And lower volatility, more institutional players will get in, and then you'll start seeing a continuous rise in the price of Bitcoin at OW over time.
The other thing that's not said, and the really reason why they're doing it, is that they have to hold one-for-one dollar-denominated assets.
And the most liquid asset is the treasuries, right?
So basically what it is, it's a sponge.
It's another QE to absorb the treasuries that are being created with our deficit spending.
I don't think it won't replace the dollar.
It's really basically a support tool to continue fiscal dominance by the United States dollar.
Yeah, I think it's to me, it seems like it's a backstop just to keep everything steady and make sure that nothing collapses or anything like that.
Yeah, look, my view is that I think, you know, people can't convince me otherwise that Bitcoin's a creation of the United States in some way, shape, or form.
And it was always designed to support the dollar dominance.
And now you start seeing this next phase come out, you know, with the stable coin that has to buy U.S. denominated assets, stablecoin.
Remember, USDC, whenever they were producing USDC, the Bitcoin went up.
So it seems like it's like this circular, it's like the circular support tool.
I wouldn't be shocked if Trump announces, because remember, we still have out there, Trump has yet to reprice gold and take that into the treasury.
I wouldn't be shocked to see if he did that and said, hey, I'm going to put some towards treasury reduction and I'm going to put some towards a sovereign wealth fund that'll hold Bitcoin.
And then next thing you know, now you have this bulwark around there that protects the dollar.
And then the interesting thing about Bitcoin is Bitcoin then dominates against all the other fiat currencies failing.
So now you have the dollar and Bitcoin working together to create strength for the U.S. economy.
Whoever invented this stuff was truly brilliant.
Yeah, I agree with you.
I think it was created.
I mean, it came out in 2008, 2009, when we were in the Great Recession.
Maybe they're working on it a little before that, but it was brought out into the public realm during that period of time.
And I really think it was developed to go against the Federal Reserve fiat system.
I mean, think about it.
Go back to the past.
Our founding fathers, in the Constitution, we coin our own money.
We use gold.
We use silver.
But gold and silver, yes, you can manipulate that.
And it's been done in the past.
And they created a paper market and they can manipulate the gold and silver price.
Bitcoin is a little bit more difficult because it's on the ledger.
It's very hard to manipulate.
It's very decentralized.
It's very hard to take control over it.
And I think this was developed to finally move us maybe away from the Federal Reserve and bring us back to sound money.
And I think gold is going to play a part in this because, you know, gold has been around for a very long time.
But I think that's what the whole plan was from the very beginning.
Yeah, look, I think the Federal Reserves around the world are, they're really, they're at the end of their useful life, right?
So I think this is brilliant.
People say it's the brilliant mind guy.
I forget Steve Nash or whatever his name is.
That name is floated around that he's the one that thought this thing through.
And then he passed away.
And so maybe he's holding all those coins in trust somewhere or he already gave them away to the U.S. government.
But I think it's a situation where it does provide a bulwark against the Federal Reserve.
Look, it's the off-ramp.
Think about it.
It is the off-ramp to the banking system.
If you're really fearing the banking system, there's only one place you can go and still transact economic activity.
It's Bitcoin.
Nobody else.
I mean, you can own all the gold in the world.
I don't know if you take it down to the grocery store, what will happen to you, right?
If you even make it, you might get killed.
Yeah.
Bitcoin, you can still transact, you know?
And just so you guys know, I'm on a Bitcoin maximalist.
I just can see its value.
I think it's smart, it's clever, and people need to be exposed to it.
And you mentioned about gold being revalued.
I mean, if they go ahead and they revalue, I mean, what is it, $42 an ounce right now?
They revalue this to $2,000, $3,000, $4,000, and maybe even higher.
I don't know.
To me, personally, that's a game changer.
It's a trillion dollars.
Yeah.
And you can put it right in the treasury.
And you know what?
They can't say boo.
Well, Democrats will always say boo.
They just care about history.
You know, Kennedy did it or Eisenhower did it.
Nixon did it.
Roosevelt did it.
So Trump will do it.
And the thing about it, he could do it and do it and do it.
If oil goes from 3,000 to 8,000, he could do it again.
So my always thinking was he takes Doge, he takes the budget, he takes economic activity, and he takes this, and he provides a balanced budget going into the next election.
Because he could just simply buy off all the new debt coming in or the highest expensing debt.
And he could do his own QE.
So I'm waiting for him to do that.
He will do that at some point.
That's just sitting there.
It's too enticing for him.
He probably is waiting.
Probably the timing thing for this, probably waiting to see what Powell does.
maybe Powell's waiting to see what he does.
Maybe there's a game of chicken going on here.
We don't know about.
So, with everything that's going on with Iran and everything else, how did you do with your trading system?
Were you, I think Bitcoin went down a little bit, right?
To like 99,000 at one point?
Yeah, Bitcoin's weird.
We actually had a $99,000.
We told people it was going to go down under $100,000.
Wow.
And it did.
And it lasted for one day and it's back up to $105.
No, I mean, for the most part, we're doing really well.
The market responds more erratically to Trump's tweets than they do about geopolitical activity.
So, yeah, for the most part, we're doing quite well.
Our algorithm doesn't care about any of this stuff.
It looks for undervalued assets in whatever timeframe you're trading, and it looks for that momentum, and it gives you buy signals.
So a nice thing about it is you can enjoy the news.
You don't have to rely on the news to make your trading.
So we're doing just fine.
And Dave, we put some specials together for your listeners, like we always do.
We changed our pricing scheme a little bit to simplify it and also went quarterly billing versus annual billing, you know, to help people, you know, that want to cash flow a little bit more easily, if you will.
And so you can check us out at tradelegitenius.com or trade geniusacademy.com.
Check us out.
Our track record has been stellar.
You know, we win two out of every three trades.
We have positive profit factor.
We think we understand where this market's going for the most part, and we trade accordingly.
So yeah, check us out and thanks for letting me pitch it.
No problem.
I'll put all the links at the bottom of the video to make it make it a lot easier for people to go right over.
With the Genius Act and with the Big Beautiful Bill, do you think Trump is preparing the country for a new currency?
I think it's more of a new scheme.
I don't think the dollar is going away anytime soon.
I think the stable coin is kind of like rebar into the construction project.
So I think it's really to bulk it up.
Look at these other currencies.
They're back to NERP.
A lot of these guys are back to NERP, which is negative interest rates are coming.
So the dollar is going to stand supreme.
So I think the dollar is here to stay.
It's going to be supported by the stable coin, be supported by Bitcoin.
And then remember, all these jobs and these manufacturing coming back to the United States is actually dollar positive to Dave.
And it's funny because with everything that he's doing with tariffs, because we have billions and billions of dollars coming in via tariffs now, the gold card, if he can sell that, I mean, Howard Luttnick's talking about if we can sell enough of these gold cards, we can actually pay off the debt, which is crazy.
They said, I forget how many hundreds of thousands of Germans would leave the country in a heartbeat.
I've just really, yeah, they're just because of the taxes.
Trump will suck in so much, so many assets of around the world into that, with that gold coin.
Gold card.
I wouldn't be surprised if half the CCP would come here too.
Because they have a lot of assets.
I can't believe how many Chinese assets are in the United States.
If you have a second, I know somebody, actually talked to somebody who actually is here from China working.
And I asked him all these questions about China.
What do we get right?
What do we have wrong about China?
What's going on with China?
He said two things interesting to me.
He said, a lot of these people already have assets out of the country, okay, that in basically Anglo, the Anglo-speaking world, right?
United States, Canada, UK, Australia, et cetera.
But the other thing that was really wild to me, he said, he goes, you know, in some ways, in China, we have more freedom than you guys have in the United States.
You know, he said, you guys are a lot more controlled than you think you are, and we're a lot less controlled than you think we are.
And I said, well, how about getting out of the country if you're wealthy?
He said, look at me, I'm here.
I have wealth.
He just said, he goes, very few people that are like clearances or high-ranking CCP people, they kind of get stuck.
You know, he said, but most part, if I want to travel, I didn't have to get any special permission.
You know, they evaluate you when you apply to take a flight.
And he said, I'm here.
I'm working.
He said, I'm working to see if I can get a residency now.
Not a problem.
I thought that was really interesting.
I was caught off guard on it.
I thought Tyna had a tighter control over people's movement than I did.
And he wasn't defending himself or the country.
He was saying in a very matter-of-fact way.
And I know people who know this person pretty well, and they just said that he's a straight-up, straight shooter kind of guy.
So I thought that was interesting.
So, yeah, I think the gold card is going to suck in all the wealth in the world in the United States.
I mean, I'm just going to play devil's advocate.
Normally, wealthy people, they do have the ability to travel compared to the lower middle class where they, because again, when you're wealthy, you have the money.
You can buy certain papers.
I'm just saying, I'm not saying this is what happened, but with other countries, this is what we've seen in the past.
Those people that had the money, they were able to get out.
Those people that didn't, they're a little bit more trapped in what they're doing.
That's true, too.
Yeah.
And you see that in this country, too.
I mean, it's not, you know, people that have money, certain things, they can, they can get certain things done compared to people that don't have money.
That's true.
You have a neighbor here that lived in Tehran his whole life.
He retired.
He's a doctor, and he owned a home right up the street from me.
And they took all his money out.
I'm like, how did that happen?
You know, probably the same reason you just talked about.
So I guess it's good to be rich.
I guess so.
So with Trump's big, beautiful bill, you could see there's a lot of pushback.
A lot of individuals in the Senate, they don't want to push this.
Is there a specific reason why they don't want to do this?
And why does Trump need it so badly?
Well, Trump wants it so badly because that sets the stage for his whole agenda, right?
He's trying to downwardly decelerate the spending, you know, that he gets control over the economy.
The problem with these guys is that they're so used to just spending on whatever they want to spend on.
They don't like the fact that, look, he's goreing their oxes, if you will, right?
This is their mother's milk.
And so this is the fight.
I think Trump's going to relent somewhat to get the bill through because something is better than nothing.
And then he's going to start working the political angle for the next elections to get more MAGA type people into power.
I agree with that 100%.
I think he's been doing that since the beginning, showing people that they're not on our side.
They're not working for the best interest of the American people.
And I think it all comes down to the midterms in the end for everything that he wants to do.
Yeah.
And he has to have something done because there's some good stuff in there anyway that's going to get through.
And, you know, look, the big thing for him, he's already defunded the NGOs.
He saw the Democratic Party now is ready to go bankrupt, right?
Right.
Yeah.
So that's already working.
He cut off the funding source.
Now, what he needs to do is get election integrity reform built in, and then he needs to start downwardly projecting these deficits so that he can provide reasons to us lowering interest rates.
So I think he's doing all the right things.
Look, it's not like he's a first-year president.
He's a fifth-year president.
So he understands that he can only do so much with the cards he has, and he'll take the best deal possible.
Hey, Bob, thank you very much for being on the X22 Reports.
But once again, if people wanted to join up to your trading system, where should they go?
TradeLikeAgenius.com.
And with that, you get our trade signals.
You get access to our chat rooms, voice room, depending on what level you buy.
And then you also get put out trades every day.
So I think you'll like the system.
Really simple to use, see trade, take trade kind of visualization.
So it's an effective tool.
So thanks for letting me share that.
No problem.
I'll put all the links at the bottom of the video once again.
Bob, thank you very much for being on the spotlight.
I really appreciate it.
Thank you very much.
Thanks for having me.
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