Bob Kudla – Bitcoin Pull Back Expected, Trump Is Playing The Fed, They Are In A No Win Situation
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 Germany appears to be in a recession, with its economy contracting by 0.3% in the second quarter amid slowed exports due to U.S. tariffs and rising unemployment above 3 million, while forecasts predict stagnation or zero growth for the year, marking a prolonged period of economic inactivity.
This downturn could potentially spread to other EU nations, as Germany's role as an economic anchor contributes to deteriorating Eurozone sentiment and slower projected growth of around 1.1% for the EU and 0.9% for the euro area, though analysts suggest the bloc may avoid a full recession despite trade uncertainties and fiscal tightening.
Meanwhile, Bitcoin has fallen about 1.9% in the past 24 hours to around $111,119, driven by a massive whale dump of 24,000 BTC, a $13.8 billion options expiry, Binance Futures going offline, and broader bearish technical indicators following its peak at $124,436 earlier in the month. Gold prices are also slightly down today, with spot prices at $3,410 per ounce (a 0.15% dip) amid a firmer dollar and anticipation of U.S. PCE inflation data, though the metal is on track for a monthly gain supported by expectations of Federal Reserve actions; potential longer-term declines could stem from cooling inflation, reduced geopolitical tensions, and lower investor demand. Market expectations are high for the Fed to cut interest rates in September, with odds at over 90% for a 25-basis-point reduction as signaled by Chair Powell and Governor Waller, amid sputtering job growth and a focus on labor market risks.
If the Fed proceeds with the cut, it could stimulate economic growth by lowering borrowing costs, encouraging business investment, hiring, and consumer spending, while easing pressures on mortgages and auto loans, though excessive cuts risk reigniting inflation and eroding purchasing power. Conversely, if the Fed holds off, it might help contain inflation but could slow the economy further by maintaining high financing costs, potentially leading to reduced business expansion, higher unemployment, and subdued growth, with risks of market turmoil if perceived as too hawkish.
If you're getting close to retirement or just thinking ahead, you've probably done a solid job of saving.
But here's something most people don't consider.
How much of that money is just sitting in cash?
It might feel safe, but holding too much cash guarantees one thing.
You're losing purchasing power.
Inflation eats away at it, and the dollar's value keeps slipping.
That's why more people are looking at real assets like physical gold and silver to protect their savings.
And what are the companies making it easy?
NobleGold Investments.
You can buy gold or silver, coins or bars and have them shipped to your home or stored safely.
It's a smart way to convert cash into something that actually holds value.
NobleGold is fair, transparent, and they don't pressure you.
Just solid information and real options.
Visit x twenty two gold dot com dot That is x twenty two gold dot com dot Go today to x twenty two gold dot com.
When you own real assets, you have real wealth.
And remember, past performance may not be indicative of future results.
Investing in precious metals involves risk.
Consult your financial advisor before making investment decisions.
Hey listeners, if you're in need of trusted medication like ivermectin, hydroxychloroquine, amoxicillin, look no further than reliable rxstore dot com your reliable online pharmacy for high quality generics.
Not only can you save up to seventy percent compared to brand name options, they can guarantee swift express shipping that's discrete, ensuring your medicationations 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 reliable rxstore.com and order.
They're here to provide you with affordable, high quality health care delivered fast and discreetly.
That is reliable rxstore dot com dot Let's talk about protecting our wealth.
Presenting my digital money where retirement grows and stays safe.
Experts say you'll need four million to retire comfortably and with inflation rising fast, even one hundred thousand 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 one hundred eleven thousand dollars and top analysts say it could reach three hundred thousand to one point five million by 2030.
That's the kind of growth that can turn one hundred thousand into one million in five years.
But don't just grow your assets., protect them.
With mydigital 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.
X twenty two Report Spotlight.
Today we have a returning guest, Bob Kudla.
Bob is the creator and owner of Trade Genius Academy, and I am very happy to have Bob back on the X twenty two Report Spotlight.
Bob, welcome back to the Spotlight.
Indeed, thank you for having me.
Hey, thanks for being here.
And let's just start off with what's happening out in Europe, because right now Germany, they're saying that Germany is in a recession.
Now we talked about Germany quite a bit.
They were following the Green News scam, and it seems like it might be taking a toll on the country right now.
What do you see happening in Germany?
Do you think they can get out of it?
Do you think it's going to spread to the EU nations?
I mean, Germany's in collective cris suicide mode.
So, you know, I have family cousins that are German, and I have some really good friends that actually go back to Germany every year to their ancestral hometown, and they're just, they're shocked.
They're shocked that people are in such denial of the future, and it's almost like they have, like, Trump derangement syndrome where you can't suggest anything other than what the narrative that is being pushed on them that they don't realize that they're collective suicide.
It's just really awful.
You know, the entire chemical industry of Germany has moved into the southeastern United States because of natural gas prices and the automotive markets are imploding and, you know, and here's the other thing that people don't realize, so here was the dirty little secret of Europe, okay, and Germany.
So you had the United States was the end purchaser of all goods and services, right?
Those were produced by China.
Okay.
The Chinese bought German manufacturing equipment in order to equip their factories.
So what's happening now is that the United States have stopped buying a lot of Chinese goods.
At the same time, the Chinese are doing to the Germans what they did to the Americans 20 years ago.
They're basically backing engineering all of these equipment and factory automation tools and machine tools, and they're just now competing against Germany.
And so Germany is losing their reason for being, if you will.
It was always about German called the middle sized companies, the family owned businesses, and that they did created highly, highly, high quality, highly engineered products and services that were used then to equip factories.
Well, the Chinese are basically undercutting them right now.
And so these and now their energy prices are too high.
So I think Germany is in big trouble.
I think people in these situations, they, people don't come out of a nightmare easily.
They're going to have to jolt out of it.
And what I'm told is that I guess it's the AFD party, you know, they're trying to ban them.
But the more they push on them, the more people want to vote for them.
And I think it's going to take a make Germany great again, if that doesn't scare people, back to reality.
So Germany at one time, they were the powerhouse of Europe.
They're the ones that actually drove Europe.
Yeah, it was Franco German, you know, manufacturing prowess, but Germany was the lead dog.
And it's over.
Now look, they're importing people that don't have the skills.
And the people that have the skills are selling out their businesses to China or they're shutting them down or they're moving them to the US.
So do you think this will spread to to other European countries as Germany breaks down?
Ah, yes and no.
I think you're seeing a bifurcation in Europe, right?
So you have countries like Italy, Hungary, Poland, who are drifting right, and you have countries like France, Belgium and the United Kingdom that are drifting left.
So I think the people that drift right will probably be okay.
The countries that drift left will probably have some solvency issues.
Now, what do you think of the tariff deal that Trump made with the EU?
Because it seems like the EU really didn't get what was they wanted.
They were pushing back with, you know, the digital services taxes and everything else.
And it seems like they're they really didn't get anything out of this.
They have no leverage.
No leverage at all.
You know, you could talk a big game, but the way you look at it is, you know, let's play game theory.
So Trump says, I won't, I won't trade with you at all.
So who starves first, right?
You know, the United States be some inconveniences, some things we can't get short term, blah, blah, blah.
Europe would be basically would have riots in the streets in six months because they're.
because their factories will shut down.
So that's the problem these guys all had.
Everybody got greedy, right?
The left got greedy trying to push pollution and Green New Deal to the and lower prices for the people.
And then Europe got greedy by basically creating these employment centers that basically make them look better than they were.
And Trump's like, we're done playing that game.
So yeah, so they're troubled.
Look, every country is.
I don't think there's a country on Earth that we have a level, you know, trading system.
System with that's meaningful to us.
So Trump's like, hey, I have nothing to lose here.
It's funny because in the very beginning they all they talked very, very tough, you know, Europe, uh, Carney, well, first it was Trudeau, then it was Carney.
They talked very tough in Canada and they're like, oh, no, we can push back on this.
And now you see, Carney, he's folding on almost everything.
Well, yeah, he has, he has even less leverage.
Yeah.
And he has a potential legal insurrection on his hands out west.
You got Alberta now just sticking it to him.
Manitoba will probably, or Saskatchewan will go with whatever Alberta decides to do.
Manitoba playing it neutral, but they'll probably go.
And even British Columbia, which is pretty, I would say, more left-wing, is that they're realizing that their future is commodities and trade with the US versus, you know, siding with Ottawa.
And so, yeah, I mean, Trump just said, okay, I'm not going to send you any more.
What was the thing?
He banned them from getting something.
Basically, we shut down their industries.
And Carnegie man, he was just, he was grovelling.
Yeah.
And maybe Canada will become the fifty first state.
I mean, when you start to look at it now.
Yeah.
Well, I don't really want them necessarily to be a fifty first state, but I'd love to see Western Canada become independent and tie themselves really tightly to the United States to include the Yukon.
You know, I mean, there's a lot of mineral wealth in that part of the, and then that way, you know, eastern, eastern Canada could side with Europe if they want, but, you know, there only Ontario really has, you know, commodities.
And, you know, one thing I don't think you realize, that, you know, Ontario provides a lot of electricity to the New England states.
Right.
To the walls of the dam they have up there.
So it'll be interesting to see how, how it goes.
You know, Quebec may try to join France and then we'll take the rest of Can Canada.
That would be great.
And the other thing that we see now is, and I think we talked about this in our last interview before that, is that Bitcoin now has fallen.
It's around, I think, 112,000.
I mean, it fluctuates every single day, but that's, on average, that's where it is right now.
Did you, I'm assuming, I think when we talked last, that you expected this to happen?
Yeah, absolutely.
And in fact, you know, my partner of TradeGenius Phil, you know, when it hit in in the 120,000 range, he, you know, he liquidated 60% of his position.
Now, he never sold on the first three or four havings, you know, that had peaks, but he did this time because he's expecting a pretty decent pullback where he wants to buy back in.
The Bitcoin story is not over, Dave.
It's just that people don't understand what they're dealing with.
It's a really highly volatile, you know, asset and how money has moved into institutional hands.
And look, last night to today, someone that owns like millions and millions, billions of dollars, I think, in Bitcoin went ahead and sold a bit of, you know, did you know how they used to play the game with the gold where they would just dump a bunch of gold onto the market just to dump it?
Yeah.
Well, the same player just did it to to Bitcoin.
So we're starting to see that game happening now.
And you know, look at what it did.
It wiped it down.
You know, we're at 117 something.
Right.
Get down to 111.
And those are the kinds of games that are going to show up here and it's going to start becoming really volatile.
You know, there's a good chance it could fall further, but September and October Day were not kind to Bitcoin.
So, you know, you could be a Bitcoin maxi.
I really don't care.
You know, you're never going to sell.
I'm a trader.
And so I'm looking for, you know, engaging the Bitcoin ecosystem again towards the end of October.
And we don't really have any idea where it may fall to because you don't really know where the floor is on some of these things because it's an emotional product.
However, if Bitcoin gets down to like 92,000, companies like MicroStrategy are in big trouble.
And just because they, people bought MicroStrategy because they had a premium to Bitcoin.
So basically you're getting Bitcoin on the cheap.
Well, that premium is getting wiped out.
And what you want to have happened here is you want, you want MicroStrategy to be trading at a discount to Bitcoin.
That's when you want to pick it up again.
So I told people that that trading with us is that.
The only thing that I can trade with us is that, you know, I've moved the high yield MISTI product.
I sold out at 20, so I'm buying back in at the end of October.
You know, we can look at MISTI 13, 14, 15 dollars here.
And people that know Yield Max will know what I'm talking about, Dave.
These are high dividend products, but they're very sensitive to price action, you know, big moves like this, and that trade will be great in November.
So that's our view on this.
September, October is not a friendly time for Bitcoin.
It's not a friendly time for the market period.
But coming November, December, January, when we're going to have these rate decreases starting to come in on a more steady basis, Bitcoin's going to love that.
Do you think the individual that dumped Bitcoin was this done on purpose to bring the price down?
I mean, what, why do you think they wanted to do that?
Well, because they're trying to create what's called a cascade, Dave.
So they said, okay, let's say I lost $15 million on that particular trade because he was what's called a price-in sensitive seller, right?
He just dumped it on the market.
He knew he was going to lose money on that trade, right?
Right.
So what he was hoping to do is that it would cascade down even lower where you may have had bids already set up, okay?
Because a lot of times when you get those big bids, you're going to lose $15 million on that trade.
A lot of times when you get those big dumps like that, if you notice right away, it popped back up a couple of thousand dollars.
So he may have had standing bid orders and there below where he calculated his loss would be.
He picks up more for Bitcoin, pushes it up, makes profit on it, or he's trying to continue to accumulate.
Remember, look, Trump and the US government, they don't want to buy Bitcoin on the hive, right?
If they can manipulate that price down and you manipulate it in a legal way.
If it gets pushed down where they can get it at a cheaper price, it's in their interest best interest to do so.
And, you know, if you're an emotional seller, that's why you know you have to know why you own something and how much of a loss you're willing to take on it is that they're going to take advantage of what we call the new buyer, if you will, or the emotional seller.
And when we look at gold, we see that it hit a high and then it, you know, it came down again.
So where do you see gold going right now?
I mean, if they're doing this to Bitcoin, do you think they're going to do the same thing to gold?
You know, gold and silver is sitting there saying to Bitcoin guys, hey young buck, we've seen this movie many times before.
We're already seasoned here.
Now gold and silver, it's just getting big.
We were talking this morning in the room that we see the silver squeeze keep coming.
We loaded up on miners, you know, for a longer term trade.
And look at like CDE, you know, this morning was up again, you know, I tell people, you know, you talk about the Yield Max products.
GDXY is a place where I'm hanging out here for a couple months, you know, while the Bitcoin ecosystem pushes down.
That's been a great trade for us.
And we're really, you know, looking at 2010, 2011 kind of moves coming in the minor soon enough.
And so people need to keep accumulating their Dave.
I think they'll be really happy.
And remember, a lot of people can't really buy Bitcoin, you know, but people can get their hands on gold, silver in the minor.
So, what do you mean that people can't buy Bitcoin?
What, what are you saying?
Oh, around the world.
Oh, you know, it's not as it's not like in China, you know, it's not as easy to see gold and silver.
It's not to grab Bitcoin.
Yeah.
That's, that's kind of what I meant.
Yeah.
We have those people have a, they just have an inclination for it.
Like in Turkey, you know, they may be buying Bitcoin, but they love gold, right?
For millennia, right?
You buy gold, you know, you don't buy the a stock market, you don't buy real estate, you buy gold, you buy jewelry, Indy, you buy jewelry, right?
So there's a ready market for this and the big players are getting out of that game.
So I think it's going to be, I think we're just going to see a steady climb.
And remember, Dave, if gold keeps going up, it puts a good guy in Trump's pocket to re price gold that we own that he can then use to, you know, pay down the deficit, manipulate the bond market a little bit to his more favorable to him.
And also maybe he buys Bitcoin, you know?
So I think there's a it's in his best interest to to drive gold higher.
And what about oil?
Oil oil is down to like 64 dollars around that area right now.
You know, it's interesting?
I think everyone needs to hear this.
If you're getting close to retirement or just thinking ahead, you've probably done a solid job of saving.
But here's something most people don't consider.
How much of that money is just sitting in cash?
It might feel safe, but holding too much cash guarantees one thing, you're losing purchasing power.
Inflation eats away at it, and the dollar's value keeps slipping.
That's why more people are looking at real assets like physical gold and silver to protect their savings.
And what are the companies making it easy?
Noble Gold Investments.
You can buy gold or silver, coins or bars and have them shipped to your home or stored safely.
It's a smart way to convert cash into something.
to something that actually holds value.
Noble Gold is fair, transparent, and they don't pressure you.
Just solid information and real options.
Visit x twenty two gold dot com.
That is x twenty two gold dot com.
Go today to x twenty two gold dot com.
When you own real assets, you have real wealth.
And remember, past performance may not be indicative of future results.
Investing in precious metals involves risk.
Consult your financial advisor before making investment decisions.
Hey listeners, if you need trusted medication like ivermectin, hydroxychloroquine, amoxicillin, look no further than reliable rxstore dot com your reliable online pharmacy for high quality generics.
Not only can you save up to seventy percent 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 reliable rxstore.com and order with confidence.
They're here to provide you with affordable, high quality health care delivered fast and discreetly.
That is reliable rxstore.com.
Let's talk about protecting our wealth.
Presenting my digital money where retirement grows and stays safe.
Experts say you'll need four million to retire comfortably and with inflation rising fast.
Even one hundred thousand a year is now considered low income according to MIT.
So how do you get there?
Bitcoin may be the answer.
It has already surged past one hundred eleven thousand dollars and top analysts say it could reach three hundred thousand to one point five 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.
And I see fuel prices I've been noticing as I was driving around the area.
I've seen it as low as 279 here where I live.
Of course, you're in California.
It's probably still very high out there.
I'm sorry, Dave, you're breaking up.
I hear you.
It was 429 yesterday.
Wow.
At Costco.
Yeah, don't, don't, don't mock me, Dave.
Yeah.
I mean, I'm sure it's cheaper in other places, like probably the Midwest, but to, I mean, to be under three dollars, not even like 299, but 279, I thought that was incredible.
And that's just regular and let it.
That's not premium or anything like that.
So I thought that was incredible.
I'm hoping that it continually drops.
We'll have to see how that all plays out.
Yeah.
So our view is, and energy is actually my biggest family holding.
So I do a lot of derivatives trading with it, you know, from my own cash purse, you know, personal budget.
So I don't think you're going to see a collapse in energy prices.
So, you know, if it pushes down to $55, you know, that's probably the floor.
And there's always, there's always, we're always a war or a mistake away from, you know, oil ripping.
The other thing that I've been reading about a lot is that a lot of the players have been shorting oil aggressively.
You get to a point where you run out of people that are willing to take the other side of that bet.
bet and then you get a rebound and that rebound tends to be secular.
So we could be in a situation.
I hope it looks like I own energy and I hope energy falls, you know, because I'm playing for the bigger play here with the country that Trump gets through the midterm without oil ripping.
And then I think you're going to see probably oil prices push back up towards the top of the range again, which could be up to like 95 dollars.
So energy is a good, good player here, steady earner.
And because it's kind of a closed loop system, you can really trade derivatives on it pretty well.
I share some of those trades in the room.
When I need derivatives, I'm talking options, contracts, you know, things that people can trade..
So, yeah, so energy is a good trade too.
Look, I want things that people need.
And I think tech is now probably over, is over done.
You've seen Palantir falling, you've seen MicroStrategy falling, you've seen Nvidia falling, you've seen Coinbase falling, money's leaving these high beta names, Dave, and they're moving into value commodity plays because they know when Powell starts starting to lower these interest rates and when Trump gets his team in there next year,
is that they're going to do what's called financial repression, which means a little bit stagflation action, which means commodities are going to do really well.
Remember, there's always a bull market somewhere.
Right.
And if people wanted to, you know, learn about trading, if they've never traded before and they, they don't understand anything.
I know you're always running special and things like that.
And you have a great room where, you know, you give people your opinions and you tell people, this is what I'm doing.
So what do you have this month for those people that want to start trading?
Yeah.
So like we always do, feud day, we have incredible special running.
Take advantage of by the end of the week.
You, you, you, you know, we run the room two ways.
We have what's called a voice room where like you and I are talking.
So people can directly ask me.
questions and then we have a chat room where you can just type questions in.
But either way, I provide trades pretty much every day and we audit those trades.
I put them out there so they're locked in so you see accountability for what we push out there, but we also give you access to our algorithm so that you can actually create your own trades.
You know, it's literally a see trade take trade kind of graphics through trading view.
And then, like I said, I'm always giving my opinion, whether you want it or not, on the markets and on trading and people really appreciate it.
It's interesting, we have a lot of very experienced traders with us and some people are there just for the, you know, insider macro view.
Some people are there because we're like-minded people, if you will, you know, and it's a nice, I want to call it a safe place, but it's a place where you can express your opinion without getting a bunch of, you know, propaganda thrown back at you.
And then we basically are helping people not make dumb mistakes in the market, making sure that people are doing the right things, you know, because much of trading is trying to make the least amount of stakes possible versus trying to, you know, get the right things.
People make a lot of mistakes trading and we try to help them think through, you know, what's the best way in which you should be a trader or an investor.
So it's a good mix.
And look, if you don't have to be there all day, you know, one thing too, people ask me a lot is that I can't sit in the room all day.
You know, most I'm already done for the day.
Okay, it's 8 o'clock in the morning my time.
So you, you know, you can get your trades out of the way for hour and a half, two hours.
And plus, we send the trades out electronically so people can just get it on an app on their phone and then they go to their app on their phone and make the trade while they're e-mailing.
I say about half of our customers still have jobs, so it's a good deal.
I really appreciate it, Dave.
You and I have been doing this, guys, I think, for almost ten years.
So it's a really nice service, I think, we offer people.
As you can tell, I'm pretty even keel, I don't try to over promise anything, and we don't chase any of the penny stocks or the moMo's.
We try to put people in good trades that they'll grind their way to wealth over time.
Great.
I'll put all the links at the bottom of the video so people can go right over and check your whole trading system out.
And just before you mentioned that you think that Powell is ready to cut The rates in September, I think it's like 75% chance now that he's going to do it.
You think Trump put a lot of pressure on him to drop the rates?
Oh, I think for sure.
I think, I don't know if he was one to put pressure on him to drop the rates.
I think he wanted to discredit the Fed a little bit here.
Just in case things go sideways.
He's like, hey, look, I told this guy a year to cut interest rates.
These guys are screwing the country.
I think Trump has a bigger play with the Federal Reserve here than just interest rates.
You know, the whole thing with the stablecoins may obviate the need for the Fed, you know, in terms of being able to soak up the Treasuries, okay?
Okay, and if he does that, okay, well then what is the Fed really good for, right?
Why are they setting interest rates when the two year yield is really the one that sets, really sets interest rates.
We really don't need you, Federal Reserve.
So I think there's a bigger play here.
I think that's in his gun sights, you know, I think he I think he knows it's three, four, five years down the line.
And just remember now that the Fed's in a kind of no win situation here.
If they try to screw Trump in September, right, and we slip into a recession, you know, Trump's not getting blamed for it, right?
No, but we're just getting blamed for it.
And so, and then he's blowinging up all these people.
He got one guy resigned, his other Lisa Cook, I guess that's her name.
She's not long for the Fed world either, and Trump's going to be able to control the board.
So yeah, so September, I've been reading is that Powell could still pull a fast one in September, but if he does lower in September, then I think they're not going to stop.
And I told you this before, two years ago, when we rates were going up, we'll be back to zero interest rates again before this is all over.
Oh, I believe that.
I want to guarantee that.
I believe that one hundred percent.
It's just the point of the people that are putting in pressure on Powell and Trump, who, who's going to fold first?
And I think you're right that the Fed, they're in a no win situation because if they keep the rates where they are and the economy suffers, Trump has been building up the narrative this entire time.
It's the Fed, it's the Fed, it's the Fed.
If they drop rates and the economy takes off, Trump was right, so Yeah, and people are already front running it.
So you're already starting to see a tick up in home sales and look, people are really suffering right now too.
We have a basically a two tiered economy right now.
If you have assets and you have a good job, you don't have any idea what's going going on, but if you don't, you're a credit card up to the max.
You know, you're not paying your auto loan.
We're starting to see all that pressure.
And a lot of that goes away.
A lot of that goes away if the interest rates start to fall.
You know, because then people have a little bit more breathing room.
So I expect Trump just to keep pounding on this really, really hard.
And when he lowers it a half a point or a quarter point, Trump's going to say it needs to be three points.
He's not going to, he's not going to, you know, relinquish that bully pulpit of his until he gets what he wants.
So if the Fed does lower the rates by a quarter point or a half a point.
What do you think the economy is going to look like?
What's going to happen?
It needs to go down three or four points.
Yeah.
I can't agree with you.
You know, for it to really affect people.
A lot of the stuff takes six to nine months.
So, you know, if he starts now next summer, it could be looking pretty good, but we have to, we have to drop in September, they got to drop it again in December, they got to drop it again in February.
You know, they just have to keep pushing it down.
And I think, you know, this is going to be a two year process.
So we may, we may kind of cross like this, where we do get some economic uncertainty as those rates are falling.
Just for people know, short term., the stock market likes lower rates.
Long term, the stock market follows rates down.
So we tell people, you know, make sure that you're in a situation where you have a good long term bond fund, you know, like TLT or TLTW is one that pays dividends because it will mirror the drop in the stock market with the rise in what's called bond prices.
And then what I think is going to happen is they're going to be slow on the inflation side.
I think gold, silver, you know, the precious metals and Bitcoin will do relatively well, but the high beta stock market.s are going to, I think, really suffer, Dave.
I think that's a conversation you and I are going to have over the next twelve months.
We're going to see that scenario amplify over the next twelve months, lower rates and lower, um, Momo stock, um, profitability.
Yeah.
I mean, part of me feels like, you know, they, what Powell and those people that are controlling Powell, they see that, you know, Trump is going after Lisa Cook because she committed mortgage fraud and they realize, oh crap, he's going to get, he's going to take charge of the board.
And most, most of, I think, four out of the three, they're saying, okay, let's lower the rates.
So I feel like Powell is going to lower it maybe, probably a quarter of a point just to say, see, I lowered them.
And then try to hold off after that to say, Oh, no, I lowered them, see?
I did it.
And look, the economy is not doing what Trump said it was going to do.
And I think they're going to try to play that game.
For some reason, that's what I think they're going to try to do.
I agree with you.
Look, the Federal Reserve is a globalist organization.
Oh, absolutely.
There's no MAGA in there at all.
Yeah.
You know, so yeah, but I think he, look, you know, Trump's great, but he has Bacen sitting, Bacen sitting behind him.
Okay.
That guy's super smart.
Yeah.
Okay.
And, you know, Powell can't, he can't hold a candle to that guy.
That guy's been one step ahead of these gu these guys all along.
Yeah, I agree.
And actually, since you mentioned Bacen, Bacen said he's going to be using the tariff money to pay down the debt before he sends out rebate checks.
I mean, I know they're bringing in a lot of money via the tariffs.
Is this really going to help out?
Absolutely.
Listen to this.
So this is my view is that so Trump has doge, right?
Right.
Okay.
Trump is getting rid of illegal immigration.
Okay.
Those are two good guys for the budget.
Trump can reprice gold.
Okay, which could cut the deficit next year by thirty or forty percent.
And then he has the tariffs can cut the deficit by thirty or forty percent.
So he can walk into next year.
Next year, basically saying, I almost eliminated the deficit, all right?
And by using these tools that he's been implementing this year, and then that's going to be a really, really strong, good guy for the midterm.
And when that happens, you won't need the same bond kind of purchases, and you're going to see yields collapse faster than the Fed can lower them.
So you'll get the long term rates will fall, and you'll start getting this flywheel effect.
So yeah, so I think those four things, you know, and he's not, look, we're already seeing rents falling here in LA.
You know, because people are leaving.
Yeah.
I mean, sales tax revenue in LA is down ten percent.
Well, you know what that means is that people that were here illegally are not buying stuff anymore.
And so the rents are falling.
I have a neighbor that has a lot of property up in LA.
And he said he goes, the first time ever that he has a softening of rents, he said he goes, I'm still locked in.
He said, but when these renewals come up, he goes, I'm going to have to lower my prices.
And so I think you're starting to see that starting.
That's another good guy, right?
Because that's going to help inflation.
And the other thing too is that people were not able to see doctors because they flooded the health centcare systems out here.
So you're going to start seeing that pressure come off and that's all that Medicare money, Medicaid money that was being spent on illegal going away to schools.
Our overcrowding is starting to fall here too.
I think they said 4.5 million people have left the US economic system since Trump took over.
And if you notice 2.5 million less registered Democratic voters, I wonder where they came from.
Yeah, I think we all know.
I think we do.
Yes.
Hey Bob, thank you very much for being on the X twenty two Report Spotlight.
Once again, if people wanted to join your trading system, where should they go?
Yeah, go to tradeleggenius.com or tragenius.co and pick one of those two special and you're going to get the great discount for X twenty two and then come join the group and learn how to make money and learn how to trade well and enjoy yourself with a bunch of like minded people.
But anyway, thanks, Dave.
Thanks.
Let me pitch.
No, no problem.
And I'll put all the links at the bottom of the video to make it easier for people to go right over.
And Bob, thank you very much for being on the X twenty two Report Spotlight Spotlight.
I really appreciate it.
Thank you very much.
Yeah.
You're welcome.
Hey, one last thing is I'm going to be in Asia for our next interview.
So I'll I'll report on boots on the ground what's happening in Korea and Japan.
Oh, that would be fantastic.
Great.
Yeah.
Okay.
Anyway, Have a good one.
You too.
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