WEBVTT 1 00:00:08.439 --> 00:00:11.880 Now is Gerald Celenti who has Trends Journal. As people 2 00:00:11.919 --> 00:00:15.400 who actually show know you can use the code night 3 00:00:15.759 --> 00:00:19.679 to save on the subscription there. I think you get 4 00:00:19.719 --> 00:00:24.359 ten percent off. And it is a wonderful publication, weekly publication. 5 00:00:24.399 --> 00:00:27.079 It's got about three hundred pages. It's an online magazine. 6 00:00:27.600 --> 00:00:32.200 I love Trends Journal, And we really do appreciate Gerald 7 00:00:32.200 --> 00:00:34.759 coming on and talking with us. And this is a 8 00:00:35.320 --> 00:00:37.880 kind of a risky time to be giving your opinion 9 00:00:37.920 --> 00:00:39.520 about anything, isn't it, Gerald? 10 00:00:40.000 --> 00:00:42.399 Now the fourth Amendment of your freedom of speech? 11 00:00:42.799 --> 00:00:43.240 Yeah? 12 00:00:43.399 --> 00:00:46.840 Yeah, Well you have no right, Oh hate speech? How 13 00:00:46.880 --> 00:00:51.159 about if I hate some slimy politician that loves to 14 00:00:51.280 --> 00:00:55.359 kill people all over the world. How about hating that? 15 00:00:55.799 --> 00:00:56.000 Oh? 16 00:00:56.079 --> 00:01:01.039 Actually speech? How dare you hate the murder is presidents? 17 00:01:01.079 --> 00:01:02.759 We had it? Which one you're talking about? 18 00:01:03.039 --> 00:01:07.079 Oh? Obama, the Nobel piece of crap prize winner? Hey, folks, 19 00:01:07.239 --> 00:01:11.159 who's always focuing us? Folks? Folks? You let me. I'm 20 00:01:11.159 --> 00:01:13.400 gonna have peace as soon as he gets in. There 21 00:01:13.760 --> 00:01:17.760 are the Afghan troops surge? Oh you forgot about that? Everybody? 22 00:01:17.959 --> 00:01:21.400 We love Obama. I want that guy Kadaffi out of there. 23 00:01:21.879 --> 00:01:24.280 I want that guy a sot out it there? Why 24 00:01:24.280 --> 00:01:28.120 are you hateful, hateful little wop from the Bronx. How 25 00:01:28.280 --> 00:01:32.760 dare you say that about Obama? All right, yeah, I 26 00:01:32.840 --> 00:01:37.120 hate it and I hate the murderers. That's why launched 27 00:01:37.159 --> 00:01:41.640 occupy peace dot com well over a decade ago. And 28 00:01:41.719 --> 00:01:45.280 as you know, you've been up here your family and 29 00:01:45.400 --> 00:01:48.359 spoken one of our rallies, and we're having one this 30 00:01:48.760 --> 00:01:50.879 next Saturday, the twenty seventh. 31 00:01:50.920 --> 00:01:51.640 Twenty seventh. 32 00:01:51.719 --> 00:01:58.159 Good we have Scott Ritter, Judge Napolitano, Joel Laia live 33 00:01:58.239 --> 00:02:02.400 broadcast with Roger Waters is going to do a live stream, 34 00:02:03.239 --> 00:02:09.439 Garland Nixon, Denskas Sinitch and others, Ray mcgovernn. We're doing 35 00:02:09.520 --> 00:02:11.800 everything we can in the name of piece. So that's 36 00:02:11.840 --> 00:02:15.159 he If you're for peace, you're for hate, and you 37 00:02:15.199 --> 00:02:18.759 want to proof not one little slimeball on the media. 38 00:02:18.800 --> 00:02:22.319 They don't like anybody whose little slime ball prostitutes media 39 00:02:22.360 --> 00:02:24.560 has that get paid to put out by the corporate pimps. 40 00:02:24.800 --> 00:02:28.439 Have nobody on speaking about peace, nobody, that's right. How 41 00:02:28.479 --> 00:02:29.400 about Bill Clinton? 42 00:02:29.639 --> 00:02:31.520 I remember this is one of the t shirts I did, 43 00:02:31.520 --> 00:02:35.039 by the way, when Clinton ran for president in nineteen 44 00:02:35.120 --> 00:02:39.159 ninety two. Beware is slick Willie every time he got 45 00:02:39.199 --> 00:02:42.439 caught with his pants down, bombs away over bag dad. 46 00:02:42.759 --> 00:02:46.599 Oh that's slime ball that I hate for his murder. 47 00:02:46.639 --> 00:02:49.800 Oh you remember Maddelin all Bright, maddle not all that bright. 48 00:02:50.280 --> 00:02:53.759 You remember the one? Google it up. Everybody speaking to 49 00:02:53.840 --> 00:02:58.159 Leslie stall on sixty minutes and Leslie stall asks Madeline 50 00:02:58.159 --> 00:03:03.639 all Bright, is the death of over five hundred thousand 51 00:03:03.719 --> 00:03:07.400 Irocky children under the age of five worth the price 52 00:03:07.520 --> 00:03:11.520 what Bill Clinton has done? And she said, yes, it's 53 00:03:11.520 --> 00:03:12.240 worth the price. 54 00:03:12.520 --> 00:03:14.639 Yeah, didn't even have the decency. 55 00:03:14.719 --> 00:03:18.879 Yeah, don't you hate that? Yeah, you better say that's 56 00:03:19.000 --> 00:03:20.639 she's one hundred percent correct. 57 00:03:21.080 --> 00:03:24.000 Yeah, and that was the fact, you know, when when 58 00:03:24.000 --> 00:03:28.120 you look at that, a normal person would if they 59 00:03:28.120 --> 00:03:30.879 had done that, they was we didn't kill half a 60 00:03:30.879 --> 00:03:34.680 million kids. But she doesn't care about that. Yeah, she says, yeah, 61 00:03:34.680 --> 00:03:36.520 it was worth it. She didn't even deny that they 62 00:03:36.560 --> 00:03:38.960 killed them. Yeah, that's right, really amazing price. 63 00:03:39.680 --> 00:03:42.759 Well, and then one after another, yeah, oh, how about 64 00:03:43.199 --> 00:03:48.280 how about little Georgie Bush, a little spoiled daddy's boy 65 00:03:48.439 --> 00:03:52.879 with a paracohone swallower than a Northball. Oh, daddy was 66 00:03:52.919 --> 00:03:55.520 George Bush White uncle was priscal Oh that, oh that, 67 00:03:55.759 --> 00:04:00.199 oh that crime syndicate. Oh yeah, we gotta get that 68 00:04:00.240 --> 00:04:04.639 guy who saw a bit generalife. Yeah. The Afgad War, 69 00:04:04.719 --> 00:04:07.520 the longest war in American history. Oh, you forgot about 70 00:04:07.560 --> 00:04:10.759 that when everybody yeah, oh you don't hate that, you 71 00:04:10.919 --> 00:04:14.319 don't hate that. Oh, ninety percent of people supported it. 72 00:04:14.360 --> 00:04:14.919 I forgot. 73 00:04:15.719 --> 00:04:18.360 Yeah, so you're again again. I got blacklisted from all 74 00:04:18.399 --> 00:04:20.399 the media. I used to be got everybody, OPRA, the Today's, 75 00:04:20.399 --> 00:04:23.879 Your Good Morning amer everybody all the time. When I 76 00:04:23.920 --> 00:04:27.920 came out against the Afghad War, BIP blacklisted. 77 00:04:28.839 --> 00:04:29.600 I can't have them on. 78 00:04:30.040 --> 00:04:32.399 It's a badge of honor. It's a badge of honor 79 00:04:32.399 --> 00:04:35.639 to do that. Obama gave us seven wars, and of 80 00:04:35.639 --> 00:04:39.800 course Trump kept them all. And even though the Trump 81 00:04:39.879 --> 00:04:45.360 supporters criticized rightfully Biden and the disaster when they pulled 82 00:04:45.360 --> 00:04:49.199 out of Afghanistan. Trump could have done that at any 83 00:04:49.240 --> 00:04:51.040 point in time, and he could have done it in 84 00:04:51.120 --> 00:04:54.519 an orderly way. But instead they waited until basically they 85 00:04:54.560 --> 00:04:57.160 were thrown out, and that created the chaos, the confusion. 86 00:04:57.199 --> 00:04:59.720 But Trump is out there ready to get us involved. 87 00:04:59.759 --> 00:05:03.360 He continues to escalate this Venezuelan thing. I guess he's 88 00:05:03.399 --> 00:05:06.199 given up on going to Warwick, Counada for the time being. 89 00:05:06.279 --> 00:05:10.720 Right, you mean you mean you're talking about the Trump. 90 00:05:11.800 --> 00:05:14.759 By the way, when Trump ran for office in twenty 91 00:05:14.959 --> 00:05:18.680 and sixteen, I took out the trademark. We own the 92 00:05:18.759 --> 00:05:26.279 trademark presidential reality show. That's all it is. Hey, right, 93 00:05:26.439 --> 00:05:29.720 and you will left me? Oh, you played war in 94 00:05:29.800 --> 00:05:34.800 twenty four hours? Right, all right, all right, hey, no, no, no, man, 95 00:05:36.160 --> 00:05:38.519 before I get at the office, that war was going 96 00:05:38.560 --> 00:05:39.319 to end the riot. 97 00:05:40.279 --> 00:05:42.319 Hey, how about these quotes? You ready? 98 00:05:43.920 --> 00:05:47.519 We want to have peace on earth all over. He 99 00:05:47.600 --> 00:05:51.319 said that on September twenty fifth, twenty twenty four. We 100 00:05:51.399 --> 00:05:54.000 are going to have peace through strength. We will not 101 00:05:54.160 --> 00:06:00.920 have to fight. October twelfth, twenty twenty four. There are 102 00:06:00.959 --> 00:06:04.879 two ways that iron could be handled militarily or you 103 00:06:04.959 --> 00:06:07.600 make a deal. I would prefer to make a deal. 104 00:06:08.040 --> 00:06:12.000 You're lions, so be you bomb them. You bombed them 105 00:06:12.040 --> 00:06:14.000 while you were lying that you were going to make 106 00:06:14.040 --> 00:06:19.120 a deal. Right, only the facts? How about this one? 107 00:06:19.319 --> 00:06:24.079 They keep going on. I want immediate peace with Ukraine war. 108 00:06:24.920 --> 00:06:32.560 January twentieth is inauguration. We will measure our success by 109 00:06:32.600 --> 00:06:35.079 not only the battles we win, but also by the 110 00:06:35.120 --> 00:06:39.639 wars we end. But most importantly, you're ready the wars 111 00:06:39.680 --> 00:06:44.360 we never get into. My proudest legacy will be that 112 00:06:44.480 --> 00:06:48.279 of a peacemaker and a unifier. That's why I want 113 00:06:48.319 --> 00:06:51.879 to be a peacemaker and a unifier. Oh wait a minute, 114 00:06:52.000 --> 00:06:54.920 you said that in January. And how many people is 115 00:06:54.920 --> 00:06:56.079 you're kill inventers a whaler? 116 00:06:56.120 --> 00:06:57.639 Now? Yeah? Fourteen? 117 00:06:57.800 --> 00:07:01.160 Illegally bombing people in a boat. You don't bring them 118 00:07:01.199 --> 00:07:03.000 to court, You don't have any proof. What do you 119 00:07:03.040 --> 00:07:05.480 mean we don't have improve we approof. We could kill 120 00:07:05.480 --> 00:07:10.000 anybody we want. Yeah, where is the outrage? I know, 121 00:07:11.040 --> 00:07:11.319 I know. 122 00:07:11.399 --> 00:07:13.120 It's the same kind of stuff that we saw from 123 00:07:13.160 --> 00:07:17.759 Dutarte in the Philippines. It was just an authoritarian thug. 124 00:07:18.240 --> 00:07:20.519 He told the police, if you think somebody's in the 125 00:07:20.600 --> 00:07:23.120 drug trade, just shoot them on the street. And they 126 00:07:23.199 --> 00:07:26.000 killed twelve thousand people that way. And of course, as 127 00:07:26.160 --> 00:07:31.240 Trump is bombing these ships, the Coastguard is still interdicting ships. 128 00:07:31.399 --> 00:07:34.120 And you know, the standard procedure that they've used in 129 00:07:34.199 --> 00:07:38.279 their illegal, unconstitutional war on drugs is to stop the 130 00:07:38.319 --> 00:07:41.040 ships to search them. If they find the drugs, they 131 00:07:41.160 --> 00:07:43.800 destroy them. And they take the people to jail. None 132 00:07:43.839 --> 00:07:47.079 of that was done. And I've talked about this, I 133 00:07:47.240 --> 00:07:51.839 talked about this jail. Yeah yeah, yeah, I told I 134 00:07:51.879 --> 00:07:55.480 told the audience. I said, so, what if the Coastguard 135 00:07:55.639 --> 00:08:00.480 should just stop these ships? And how would you feel 136 00:08:00.480 --> 00:08:02.279 about it? If they stop the ships, they search them, 137 00:08:02.319 --> 00:08:04.639 they find drugs, they line the guy's up on the 138 00:08:04.720 --> 00:08:06.800 side of the ship and just shoot them. Would that 139 00:08:06.879 --> 00:08:09.079 be good? You know? Because this is not even to 140 00:08:09.160 --> 00:08:11.439 that level. As you point out, They don't just take 141 00:08:11.439 --> 00:08:13.720 them to jail. They they take them to court and 142 00:08:13.759 --> 00:08:16.839 then convict them with the evidence. But this is extra 143 00:08:16.920 --> 00:08:20.120 judicial killing. This is just like a dictator in the Philippines. 144 00:08:20.920 --> 00:08:27.240 Yep. But look at all the murders that the presidents 145 00:08:27.279 --> 00:08:30.360 of the United States have committed against innocent people all 146 00:08:30.399 --> 00:08:33.000 over the world. How many Irackies did we kill? How 147 00:08:33.039 --> 00:08:34.440 many Afghans do we kill? 148 00:08:35.080 --> 00:08:35.720 Yeah? 149 00:08:36.039 --> 00:08:38.840 Oh, and by the way, remember they. 150 00:08:38.720 --> 00:08:40.080 Were going to it was going to bring down the 151 00:08:40.080 --> 00:08:42.399 defense budget and now it's over a trillion dollars. 152 00:08:42.799 --> 00:08:43.000 Yeah. 153 00:08:43.559 --> 00:08:45.840 Yeah, here's another one. You ready. 154 00:08:46.519 --> 00:08:50.600 Our objective is to immediately have a total secession of hostilities. 155 00:08:51.279 --> 00:08:54.840 All shooting has to stop. We need peace without delay. 156 00:08:55.480 --> 00:08:58.120 That's what he said on February fifteenth of this year, 157 00:08:58.919 --> 00:09:01.960 one law after know. Oh and how about the clowns 158 00:09:02.000 --> 00:09:06.840 circus that guy Kellogg, Oh Kellogg frosted flakes, that little 159 00:09:06.960 --> 00:09:10.159 arrogant jerky. We're going to add that you credible on 160 00:09:10.320 --> 00:09:15.679 one hundred things. You have to come to the where's 161 00:09:15.720 --> 00:09:16.519 the outrage? 162 00:09:16.840 --> 00:09:20.279 Yeah? Yeah, well, I guess if you have outrage, they 163 00:09:20.320 --> 00:09:22.919 will shut you down now because jd Vance, who began 164 00:09:23.519 --> 00:09:27.320 the administration talking about played the clips for him things 165 00:09:27.320 --> 00:09:29.279 that he said at the very beginning of the deministration 166 00:09:29.279 --> 00:09:32.000 when we went to Europe and lectured them about censorship, 167 00:09:32.799 --> 00:09:35.639 and now they're doing exactly the same thing in the 168 00:09:35.639 --> 00:09:37.559 wake of the Charlie Kirk things. 169 00:09:37.559 --> 00:09:41.519 So it is go back beyond Charlie Kirk. 170 00:09:41.799 --> 00:09:44.039 How about how about all the. 171 00:09:44.039 --> 00:09:47.240 Kids that were punished in all the universities in college, 172 00:09:47.320 --> 00:09:51.320 right because they came out against Israeli genocide. 173 00:09:51.480 --> 00:09:52.519 That's right, that's right. 174 00:09:52.559 --> 00:09:54.639 So now they're making a Kirk thing a big thing. 175 00:09:54.840 --> 00:09:56.080 Yeah, that's right. 176 00:09:56.720 --> 00:09:57.399 But how about that? 177 00:09:57.440 --> 00:10:00.759 How about how about that? Oh no, don't talk about 178 00:10:00.759 --> 00:10:02.279 that Israel again? 179 00:10:03.200 --> 00:10:05.399 Trump? Here, you ready for this one? 180 00:10:06.000 --> 00:10:09.679 About I want to see the Middle East get back 181 00:10:09.720 --> 00:10:12.600 to peace and real peace, but a piece that is 182 00:10:12.639 --> 00:10:15.240 going to be a lasting piece. He said that on 183 00:10:15.360 --> 00:10:18.720 March tenther this year, as the United States is giving 184 00:10:18.799 --> 00:10:22.279 Israel all the money and weapons to keep this genocide going, 185 00:10:24.600 --> 00:10:28.919 knowing people in front of everybody's eyes bombing their place 186 00:10:29.039 --> 00:10:34.279 into total ruins, and Trump supports it a thousand percent. 187 00:10:34.519 --> 00:10:36.200 Oh by did you by the way, as you hear 188 00:10:36.240 --> 00:10:39.840 the bs they put out where he said that net 189 00:10:40.039 --> 00:10:41.360 Yah who is fing him? 190 00:10:41.679 --> 00:10:43.039 Yeah, we talked about that earlier. 191 00:10:43.159 --> 00:10:46.240 Yeah, so I didn't know. Maybe maybe he's a different 192 00:10:46.320 --> 00:10:48.399 kind of guy there. 193 00:10:49.480 --> 00:10:50.360 How did he f him? 194 00:10:52.000 --> 00:10:55.159 Yeah? I don't know. Yeah, this is a yeah. Meanwhile, 195 00:10:55.720 --> 00:11:00.039 Jared Kushner is now a newly minted billionaire based on 196 00:11:00.080 --> 00:11:03.279 blood money, said one tweet after leaving the White House. 197 00:11:03.320 --> 00:11:07.919 He raised four point six billion from Gulf Royals to 198 00:11:08.039 --> 00:11:11.279 launch Affinity Partners. In twenty twenty four. He poured two 199 00:11:11.360 --> 00:11:15.559 hundred and fifty million into Israel's Phoenix insurance at the 200 00:11:15.600 --> 00:11:18.159 height of the war when others pulled out, and that 201 00:11:18.279 --> 00:11:23.120 bet has now returned more than ninefold. So I guess 202 00:11:23.240 --> 00:11:26.799 you know, really, when the tramp says he wants peace, 203 00:11:26.799 --> 00:11:28.399 he spells it with an eye, doesn't. 204 00:11:28.159 --> 00:11:32.639 He Yeah, no, it's disgusting. Look at the whole crypto world. 205 00:11:32.960 --> 00:11:35.840 Is the Trump that hated cryptos before, Hey, but now 206 00:11:35.879 --> 00:11:41.159 my family's into it. The witkaf the other guy, Luckwick, 207 00:11:41.360 --> 00:11:44.080 the other one in there, the Commerce secretary, their kids 208 00:11:44.080 --> 00:11:47.240 are in it. Hey, shut the hell up silenty Oh. 209 00:11:47.320 --> 00:11:49.840 And this is why the Arabs aren't doing anything to 210 00:11:49.960 --> 00:11:53.960 stop the murder going on, because back in nineteen seventy 211 00:11:54.080 --> 00:11:58.279 three they had the they put the oil embargo on 212 00:11:58.360 --> 00:11:59.679 because of what Israel. 213 00:11:59.440 --> 00:12:00.360 Was doing m hm. 214 00:12:01.080 --> 00:12:04.279 And you remember those days, yeah, oh yeah, when oil 215 00:12:04.360 --> 00:12:11.200 price is quadrupled and that stopped. Not anymore because you 216 00:12:11.320 --> 00:12:13.519 just mentioned you're all in the deal. 217 00:12:13.320 --> 00:12:13.919 Together, the. 218 00:12:17.279 --> 00:12:21.279 Qushners, Yeah, making all the deals, and one after Witkoff 219 00:12:21.440 --> 00:12:23.759 is over in the UA making deals. 220 00:12:24.159 --> 00:12:27.279 And that's what Trump apparently was upset about. You know, 221 00:12:27.440 --> 00:12:30.759 you got the Hamas people were attacked by net and 222 00:12:30.840 --> 00:12:32.399 Yahoo and it's like, come on, we're all part of 223 00:12:32.440 --> 00:12:35.679 this club here, you know, we gotta not kill each 224 00:12:35.720 --> 00:12:39.360 other in this club. So that was what he was 225 00:12:39.440 --> 00:12:41.720 upset about, the fact that they launched it, and then 226 00:12:41.720 --> 00:12:43.480 he was upset about the fact that they didn't do 227 00:12:43.559 --> 00:12:48.440 more damage. So yeah, it's it truly is amazing. When 228 00:12:48.480 --> 00:12:50.200 you look at what these guys are doing, what do 229 00:12:50.240 --> 00:12:52.759 you think is going to happen to gold? We just 230 00:12:52.840 --> 00:12:55.279 had the FED cut interest rates. Here it looks like 231 00:12:55.399 --> 00:12:57.320 does it look like the fundamentals are still in place 232 00:12:57.320 --> 00:12:57.759 for gold? 233 00:12:58.480 --> 00:13:00.759 Oh? Yeah, yeah, we went on the air. 234 00:13:00.799 --> 00:13:03.840 I think gold was what three thousand, six hundred and 235 00:13:03.840 --> 00:13:05.480 sixty something dollars an ounce. 236 00:13:05.600 --> 00:13:07.399 It's gone up forty percent this year. 237 00:13:07.639 --> 00:13:08.360 Yeah. 238 00:13:08.399 --> 00:13:09.320 And you go back to. 239 00:13:09.240 --> 00:13:11.919 The Trends Journal and again, you know, we only put 240 00:13:11.919 --> 00:13:15.559 the facts in there. We said twenty twenty four would 241 00:13:15.559 --> 00:13:17.440 be a golden year for gold. It went up twenty 242 00:13:17.480 --> 00:13:20.759 seven percent last year, and we say we'll keep righting. 243 00:13:20.759 --> 00:13:22.440 No goal is going to keep going on and on 244 00:13:22.480 --> 00:13:24.080 and on, higher and higher and higher. 245 00:13:24.600 --> 00:13:26.919 This isn't rocket science. It's very simple. 246 00:13:27.399 --> 00:13:31.200 The lower interest rates fall, the deeper the dollar falls. 247 00:13:31.360 --> 00:13:34.320 Yeah, the dollars happening. Yeah, it's not the gold is 248 00:13:34.320 --> 00:13:37.720 going up. Is that the dollar is going down significantly, so. 249 00:13:37.720 --> 00:13:40.559 It becomes cheaper in other countries to buy gold because 250 00:13:40.600 --> 00:13:46.279 their currencies go up. Number two, the world gold prices 251 00:13:46.279 --> 00:13:46.799 have gone up. 252 00:13:47.159 --> 00:13:47.360 Yeah. 253 00:13:47.600 --> 00:13:50.159 This is one of my books, trend Tracking far better 254 00:13:50.159 --> 00:13:53.120 than mega trends. Time magazine came out in nineteen eighty 255 00:13:53.240 --> 00:13:58.600 nine for eighty six of Forget When Anyway? I read 256 00:13:58.639 --> 00:14:01.720 about how I started buying gold in nineteen seventy eight 257 00:14:02.399 --> 00:14:05.360 when the Iranian conflict broke out and they taught us 258 00:14:05.360 --> 00:14:08.440 to hate Iran without anybody ninety percent of the people 259 00:14:08.559 --> 00:14:11.480 ninety nine not knowing how the United States overthrow the 260 00:14:11.480 --> 00:14:13.120 democratically elected governor. 261 00:14:12.879 --> 00:14:15.639 Mosa deag in fifty three because he said the. 262 00:14:15.600 --> 00:14:18.759 Oil belonged to the Iranian people and had no right 263 00:14:18.840 --> 00:14:21.759 to do that, and about to savok the secret police 264 00:14:21.759 --> 00:14:24.200 that made SS look good. So when the revolution began, 265 00:14:24.240 --> 00:14:26.559 I knew it was real, and I said golden oil 266 00:14:26.639 --> 00:14:29.000 prices would go up, and that's when I started buying gold, 267 00:14:29.200 --> 00:14:31.039 and that's when I became a trend forecaster and a 268 00:14:31.039 --> 00:14:36.200 political atheist. Ray Dalyo just came out today, well yesterday, 269 00:14:36.679 --> 00:14:38.720 and said, how gold prices are going to go up. 270 00:14:38.720 --> 00:14:40.559 This is the guy that frowned the Bridgewater. He's a 271 00:14:40.600 --> 00:14:43.799 multi multi billionaire. Old prices are going to go up 272 00:14:43.840 --> 00:14:46.480 because the world is going down again. They're going to 273 00:14:46.559 --> 00:14:49.600 keep lowering interest rates to keep propping up the equity markets. 274 00:14:50.080 --> 00:14:52.120 You got to look at the facts. 275 00:14:51.919 --> 00:14:56.120 This is a there's a there was an article here 276 00:14:56.559 --> 00:14:57.799 and wanted a yea. 277 00:14:57.960 --> 00:15:01.639 Ray Dalio also had a very interesting quote this last 278 00:15:01.639 --> 00:15:06.559 week saying that the massive debt was going to basically 279 00:15:06.639 --> 00:15:10.279 cause our economy to have a heart attack. It's building up, 280 00:15:10.279 --> 00:15:12.840 its squogging up everything. That's a good way to put it. 281 00:15:13.480 --> 00:15:16.519 That's exactly what he's saying about goal too part of 282 00:15:16.559 --> 00:15:19.519 the debt. You're ready, the top ten percent of earner 283 00:15:19.600 --> 00:15:23.440 households making about two hundred and fifty thousand dollars a 284 00:15:23.480 --> 00:15:28.360 year or more account for more of the nation's total 285 00:15:28.519 --> 00:15:36.440 spending than ever, reaching nearly fifty percent in the second quarter. 286 00:15:39.159 --> 00:15:45.799 Ten of America's population accounts for fifty percent of all 287 00:15:45.799 --> 00:15:49.080 the spending in the country. Yeah, so the rest of 288 00:15:49.080 --> 00:15:52.200 the people were just plantation workers of slave land here. 289 00:15:52.639 --> 00:15:55.120 Yeah, all the money's going to the rich. 290 00:15:55.200 --> 00:15:57.440 And then you got to go back to all what 291 00:15:57.480 --> 00:16:01.720 they're doing with the Trump's tax deal. In twenty seventeen, 292 00:16:02.440 --> 00:16:05.200 he said that he was going to win. They lowered 293 00:16:05.240 --> 00:16:08.159 the taxes and the big corporations and the very rich. Oh, 294 00:16:08.279 --> 00:16:10.879 they're going to use it for capital improvements. No, it 295 00:16:10.919 --> 00:16:13.559 didn't that was the next year, twenty eighteen. It was 296 00:16:13.559 --> 00:16:17.600 the biggest year ever of stock buybacks, and according to 297 00:16:17.639 --> 00:16:20.440 the Tax Policy Center, the one percent got sixty four 298 00:16:20.480 --> 00:16:24.600 percent of the benefits. We're getting nothing. The richer getting richer, 299 00:16:24.840 --> 00:16:27.159 And again you got to go globally on this. Look 300 00:16:27.200 --> 00:16:30.360 at the riots now going on again in Indonesia, in. 301 00:16:32.799 --> 00:16:35.320 France, the people taking to the. 302 00:16:35.279 --> 00:16:38.759 Streets again because lack of basic living standards, government, corruption, 303 00:16:38.840 --> 00:16:43.679 crime and violence. This was happening in twenty nineteen. One 304 00:16:43.720 --> 00:16:46.279 of our top trends of twenty twenty was going to 305 00:16:46.279 --> 00:16:48.480 be new world disorder. 306 00:16:49.039 --> 00:16:50.440 There were protests going. 307 00:16:50.240 --> 00:16:55.279 On, the Yellow Yellow vest in France, in South Africa, 308 00:16:55.559 --> 00:17:02.840 in Algeria, in Bolivia, in India, in Chile, all over 309 00:17:02.879 --> 00:17:05.920 the world. People were taking to the streets. Then they 310 00:17:06.000 --> 00:17:09.279 launched the COVID war. Can't go out and protest, Get 311 00:17:09.279 --> 00:17:13.000 back in your house. Those days are over. That's right. 312 00:17:13.279 --> 00:17:16.200 Richer getting richer, This is off with their heads two 313 00:17:16.279 --> 00:17:17.079 point oh time. 314 00:17:17.640 --> 00:17:21.839 Yes, absolutely yeah. In terms of the middle class, you know, 315 00:17:21.880 --> 00:17:24.119 this article came out of this last week talking about 316 00:17:24.119 --> 00:17:29.559 how in many cities, even with zero percent interest rates, 317 00:17:29.599 --> 00:17:33.000 even if they fell, people who are making what the 318 00:17:33.079 --> 00:17:37.000 median income is in that city could not qualify to 319 00:17:37.039 --> 00:17:39.880 get a loan at zero percent for what the median 320 00:17:39.960 --> 00:17:42.440 price of a home was in that city. And so 321 00:17:42.480 --> 00:17:45.240 it's exactly what you're going about, the concentration of wealth. 322 00:17:45.960 --> 00:17:50.759 It's a generational thing. And it's also the policies that 323 00:17:50.759 --> 00:17:54.319 they have. They're now the Trump administration. Bessent has said 324 00:17:54.359 --> 00:17:57.319 that they're going to have they're going to do something 325 00:17:57.400 --> 00:18:01.400 about the home ownership crisis coming up, and so I 326 00:18:01.440 --> 00:18:04.079 would imagine that they're going to do some kind of 327 00:18:04.119 --> 00:18:08.200 a declared emergency so that Trump can just dictate policy. 328 00:18:08.279 --> 00:18:09.720 What do you think they might do with that. 329 00:18:10.440 --> 00:18:12.960 They've got to try to lower interest rates and mortgage rates, 330 00:18:13.160 --> 00:18:14.720 and again look at the data going down. 331 00:18:14.759 --> 00:18:17.759 But when they lower the rates, then the investors who 332 00:18:17.799 --> 00:18:20.160 are buying the bonds say that, are you know, putting 333 00:18:20.200 --> 00:18:24.599 out a longer term loan like a home mortgage. They say, well, 334 00:18:24.640 --> 00:18:26.960 but lower rate is going to be inflationary. So we've 335 00:18:27.000 --> 00:18:30.559 seen several times so they have cut the FED rate 336 00:18:30.839 --> 00:18:34.200 and it's wound up increasing the home mortgage rate. Has 337 00:18:34.240 --> 00:18:36.920 that happened this time or did the home rates actually 338 00:18:36.920 --> 00:18:37.279 go down? 339 00:18:37.640 --> 00:18:39.160 It went down a little bit, and then it went 340 00:18:39.240 --> 00:18:41.039 up again. But you know they're going up and down. 341 00:18:41.039 --> 00:18:42.799 They're going to do everything they can to bring them down. 342 00:18:42.839 --> 00:18:47.200 They'll make up anything they want again. In twenty twelve, 343 00:18:47.240 --> 00:18:48.880 I thought the markets would crash again. 344 00:18:49.880 --> 00:18:50.519 I was wrong. 345 00:18:51.039 --> 00:18:54.559 He didn't teach me about zero interest rate policies or 346 00:18:54.640 --> 00:18:59.000 thinkful quantitative easing and economics one on one in graduate school. Yeah, 347 00:18:59.039 --> 00:19:02.000 they'll make up anything. Look what happened when COVID happened. 348 00:19:02.000 --> 00:19:04.519 I thought everything would crash. No, No, we're going to 349 00:19:04.559 --> 00:19:07.799 bring interest rates down to zero and pumping trillions of 350 00:19:07.839 --> 00:19:10.480 dollars of fake money back by nothing and printing on nothing. 351 00:19:11.759 --> 00:19:13.119 So they'll make up anything. 352 00:19:13.519 --> 00:19:15.440 They're going to do everything they can to bring down 353 00:19:15.480 --> 00:19:18.119 mortgage rates and prop up the markets. And by the way, 354 00:19:18.759 --> 00:19:21.359 the South has taking a hit right now. I know 355 00:19:21.480 --> 00:19:25.720 people that have how place is in Florida. 356 00:19:25.960 --> 00:19:27.240 I know what a woman has been. 357 00:19:27.119 --> 00:19:29.720 Trying to sell it. Now the price keeps going down 358 00:19:29.759 --> 00:19:32.880 and down and down. They overbuilt when the COVID war 359 00:19:32.960 --> 00:19:39.319 happened and people overinvested in the South. In California, prices 360 00:19:39.319 --> 00:19:43.039 are going down and you're looking at home new home 361 00:19:43.079 --> 00:19:44.599 building going way down. 362 00:19:45.279 --> 00:19:46.359 We are, we are. 363 00:19:46.480 --> 00:19:51.440 This is very important we're talking about the economics, and 364 00:19:51.559 --> 00:19:57.480 what people don't understand is you know that in trend 365 00:19:57.519 --> 00:20:00.440 forecasting you make connections between different fields. 366 00:20:01.000 --> 00:20:04.359 So now we'll talk about China again. 367 00:20:04.640 --> 00:20:10.279 Before Slick Willy brought him into the World Trade Organization. 368 00:20:10.680 --> 00:20:13.519 You look at China's GDP from nineteen seventy to two 369 00:20:13.599 --> 00:20:15.880 thousand and one. It's like that whom they get in 370 00:20:15.920 --> 00:20:20.240 its skyrockets. China's leading the world now in ev manufacturing, 371 00:20:21.359 --> 00:20:24.519 leading the world. How come, oh, because all the Western 372 00:20:24.559 --> 00:20:27.759 government companies that went over there gave China all their 373 00:20:27.799 --> 00:20:33.359 heavy industry and high tech knowlogy, manufacturing and development that 374 00:20:33.400 --> 00:20:37.440 they never had before. These are very smart people. They 375 00:20:37.480 --> 00:20:40.079 were ruling the world for a long time. You know, 376 00:20:40.319 --> 00:20:43.839 they're not dumbbells. And there are four one point four 377 00:20:43.880 --> 00:20:46.680 billion versus bout three hundred and forty seven million in America. 378 00:20:48.079 --> 00:20:51.759 As I mentioned to you and Travis before when Bill Clinton, 379 00:20:51.799 --> 00:20:55.039 before he brought him into the World Trade Organization temper Center, 380 00:20:55.200 --> 00:20:59.920 Chinese eighteen year olds went to college now nearly seventy percent, 381 00:21:00.000 --> 00:21:03.359 and young people are totally AI and high tech addicted. 382 00:21:03.480 --> 00:21:06.400 So here are more of the facts. Are you ready? 383 00:21:06.839 --> 00:21:07.960 It's about China? 384 00:21:08.440 --> 00:21:15.640 What they're doing in developing the Here Beijing slaps ban 385 00:21:15.880 --> 00:21:21.960 on Nvidia chips in bid to bolster homegrown AI industry. 386 00:21:22.799 --> 00:21:27.240 You got it, they're gonna lead it. They over invested, 387 00:21:27.319 --> 00:21:29.920 going back to the equity markets and where things are going, 388 00:21:30.440 --> 00:21:34.480 we've overinvested in the new companies in the AI world. 389 00:21:34.599 --> 00:21:37.640 Trends are born, they grow, they mature, rich, old agent die. 390 00:21:37.839 --> 00:21:42.599 The real AI trend was just born three years ago. 391 00:21:42.640 --> 00:21:46.039 It's an infant. China's going to lead the world in AI. 392 00:21:46.240 --> 00:21:48.720 There's going to be a dot com bust. Oh, and 393 00:21:48.759 --> 00:21:52.240 what did Nvidia just do? They're investing five billion dollars 394 00:21:52.240 --> 00:21:56.839 in Intel. Oh, Intel that the United States has taken 395 00:21:56.880 --> 00:21:58.200 a ten percent ownership in. 396 00:21:58.599 --> 00:22:02.039 Yeah, and you think there's some arm twisting going on 397 00:22:02.079 --> 00:22:02.960 the background for that. 398 00:22:03.680 --> 00:22:06.680 As the Italians used to have, this guy called Mussolini, 399 00:22:07.759 --> 00:22:12.920 the merger's state and corporate power fascism. That's his definition, 400 00:22:13.599 --> 00:22:16.279 and that's what we have in front of our eyes. Yeah, 401 00:22:16.799 --> 00:22:22.079