The David Knight Show - INTERVIEW Celente: 2024 Golden Year for Gold

Episode Date: May 17, 2024

Gold soaring was Gerald Celente's (TrendsJournal.com) key prediction last year for 2023.  Although it keeps hitting highs, here's why he believes it's not done yet, and some stunning predictions.   ...But as we look at what's ahead, gold seems to be the only thing glittering as dark clouds circle in economics and geopolitics.For 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTFind out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money is only what YOU hold: Go to DavidKnight.gold for great deals on physical gold/silverBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

Transcript
Discussion (0)
Starting point is 00:00:00 All right, joining us now is Gerald Salenti, Trends Journal. You can find it at TrendsJournal.com. You can see a sample of its amazing publication that he puts out on a weekly basis. Huge amount of content done in online magazine format linked to other places. And, of course, he's kindly offered for the listeners of this audience, you can save 10% if you use the code KNIGHT, K-N-I-G-H-T. Joining us now is Gerald Slendy. Gerald, we just had a new record for price of gold, and we broke $2,400, right?
Starting point is 00:00:32 Yep, $2,414 as we're speaking now. Wow, wow. Now, let's go back to September of 2023. We had forecast that gold was near its bottom when it hit $1,848. It went down a little bit below that. We said, this is the bottom. And then you look at one of our top trends for 2024. It's right there for everybody to see.
Starting point is 00:01:03 A golden 2024, a golden year for gold. We had forecasted it was going to skyrocket. It's gone up now since we made that forecast, $365 an ounce from when we made that trend forecast. So think about it. If you subscribe to the Trends Journal for the grand total of, if you go to Knight and you put in that special discount, for the grand total of $2.50 a week, look what you would have made.
Starting point is 00:01:44 And again, we don't tell people what to do the motto of the trends journals think for yourself yeah we provide the facts trends analysis trend forecasts is where we see it going this is just the beginning but it's not being reported in the mainstream media by the way the wall street journal ran an article last week about gold prices going up. Not a mention, not a mention of our trend forecast, which we've sent to the Wall Street Journal. Not a mention. So the importance of it and why they're playing it down is because gold prices are going up because the people with a brain see the future. And it's a future of geopolitical and socioeconomic unrest.
Starting point is 00:02:38 And gold is the number one safe haven asset to own. Yes, yes. You know, it's interesting, this article from Kitco, Gold is the number one safe haven asset to own. Yes. Yes. You know, it's interesting. This article from Kitco, this is kind of a joke. Precious metals prices projected to rise 8% in 2024, says the World Bank. Well, that's pretty safe. In other words, I guess what they're saying is it going to go down.
Starting point is 00:02:59 But, you know, it's gone up so much that that is really, in hindsight, it's kind of crazy. So they're not really saying in this article, they're not really saying that they have any reason for it to go down. It's just that they are not even looking at what has happened to it already. It's pretty amazing. Kitco used to have me on all the time. They don't have me on anymore at all. Yeah, well, they should get you. No, they don't have me on anymore at all yeah well i should get you no they don't want me on they don't like me yeah people don't like me because i speak the language of truth and i don't take i'm not a little moronic little girl or little boy
Starting point is 00:03:41 that believes in a political system how stupid can you be to look up to the little arrogant clowns running and ruining a country near you? Yeah, that's right. Look at him. Go over there to France. Look at that little guy, Macron, that little guy with a thing like this and a fake little hair, an arrogant little boy of nothing. Take a look at the United States.
Starting point is 00:04:10 Look at the little clown boy that's playing our House of Representatives leader in the Democratic Party. Yeah. Mike Johnson. How can you be so stupid to look up to this clown? Take it easy, Slenty. Don't talk like that. I like Nancy Pelosi.
Starting point is 00:04:29 I like Adam Schitt. No, no, no, no, no. I like Chuckie Schumer. Yeah. Look at the clowns. Out of his mind, Biden. Yeah. Arrogant, narcissistic Trump.
Starting point is 00:04:43 It's a presidential reality show. Right. So anyway, going back to gold, gold is telling us the future is in danger. And people are getting gold because it's the number one safe haven asset. And by the way, gold prices would be much higher if there wasn't a Bitcoin. Yeah, yeah. Because what happens is
Starting point is 00:05:09 like you take a country like Argentina, you only have an inflation rate of 280%. 280% inflation. So the people can't afford to buy gold. So they buy a little percentage of Bitcoin because they know their currencies are becoming devalued. So here's the story. Country after country now is going to start lowering interest rates because the economy is going down and they got to boost it up. The United States is going to lower interest rates too,
Starting point is 00:05:45 because they don't want to see all these countries go down. The lower interest rates go in the United States, the higher gold prices go. The only reason the dollar is strong is because we have high interest rates. So now what happens is that it's the beginning of the death of the dollar. Again, the dollar is only strong because interest rates are high and you're buying treasuries and you're getting like 4.5% or whatever. When interest rates go down, the dollar goes down, and gold prices spike. Gold prices could hit $3,000 an ounce this year.
Starting point is 00:06:31 Yeah. It's kind of interesting. James Rickards, he put in $27,000 by 2026. And he said, I'm updating my previous forecast of $15,000 by 2026. And he said, I'm updating my previous forecast of 15,000 by 2026. And he says, I'm changing it now to $27,000 gold. And of course, his reasoning that he puts through there is the death of the dollar. And the fact that people are going to be moving out into gold and into Bitcoin and the massive amount of debt that is there. But, you know, all the different aspects that we talk about all the time about the death
Starting point is 00:07:09 of the dollar. But, you know, he goes through his different calculations to show why he thinks it's there. That's the biggest one I've seen. I think it definitely is an outlier. But still, he's really bullish on gold. He thinks it's going to be at 27 000 uh by 2026 and of course we got a lot of people saying well bitcoin is going to go uh past 100 000 it's going to go to 200 000 or whatever uh you see that yeah exactly we look at this because you know we're in uncharted territory and it's not just the the you know what they're doing to the global economy it's not just what they're doing to the dollar in particular that b Biden is trying to destroy it by using it for sanctions and things like that.
Starting point is 00:07:47 But it's also the concern, the fear that people have about things like CBDC. That's a completely new dimension to all this stuff. That's never been there before throughout any of these other economic cycles. No, again, go back to your trends journal five years ago, four years ago,
Starting point is 00:08:05 little over four years ago. From dirty cash to digital trash, Cover Valor magazine, they're all going to go to central bank digital currencies because they want to know every penny that you spent, where you spent it, what you spent it on. So these little slime balls, these politicians who never work a day in their life to keep getting your tax money and even to take it from you your craps yeah even take it from you and not let you spend it in the first place you know so you can't spend it outside this little
Starting point is 00:08:35 geographical area so you better not travel outside that little geographical area because we're not going to let you spend any of the money it's a total control yep and. And going back to what Rickert would say about the death of the dollar, here we are in the United States with a $35 trillion worth of debt. $35 trillion. Mm-hmm. And then it's going up a trillion dollars every month. Every month we're adding a trillion dollars of debt. Excuse me, every 100 days.
Starting point is 00:09:08 How are you going to pay this off? You're not. So now, let's go back to high interest rates. With the high interest rates, you got to pay more on your debt. You're going to lower interest rates. Now, here's what no one else is talking about. Go back to your trends journal, look at some of your other top trends for 2024.
Starting point is 00:09:32 How about banks go bust? No, we're not going to talk about that. Are you not going to talk about the office vacancy rate? Meaning no one in the office in san francisco brought to you by that little arrogant daddy's boy gavin newsom i'm partying at the french laundry four hundred dollars a plate while i'm locking down the whole country yeah yeah that little arrogant boy. My daddy worked for the Getty Gang. He was a lawyer. You're nobody. 36.7%
Starting point is 00:10:12 vacancy rate in San Francisco. Vacant. Nobody in there. You know what it was before that in 2019? What? 3.5% vacancy. it's only gone up 10 percent but 10 times yeah 10 times yeah 10 times yeah wow well you know they just sold the tallest
Starting point is 00:10:34 building tallest commercial building in dallas just sold for nine percent of what it was bought for in 2021, in three years. Fort Worth. Yeah, yeah. Yep. Isn't that amazing? Yep. And now, so now you have in New York City, your vacancy rate, 23%. Vacant. Nobody in them.
Starting point is 00:11:02 On average, in the United States and the cities, it's a little over 20% vacancy rate. Now let's go to the occupancy rate, meaning people going back to work. You go to Castle Systems with a K. It's about 50%. All right, now let's go back to banks go bust. Let's say I'm one of these big corporations that own these buildings. I'm losing tenants. $4 trillion, $4 trillion of commercial real estate debt is coming due between now and 2026.
Starting point is 00:11:46 $4 trillion. I don't have any tenants now. I got lost all these tenants. How am I going to pay off my loan? Oh, my loan, by the way, now, they're interest rate loans. It's double what it was when I bought the building. Yeah.
Starting point is 00:12:02 Yeah. The banks are going to go bust. No one's talking about this. A site that I recommend people go to is called Wall Street on Parade. Pam and Russ Martins. They put the facts in there about the bankster bandits
Starting point is 00:12:19 like nobody else does. Let's go back a year ago, a little over a year ago, last March, when the Silicon Conman Valley Bank went bust, then First Republic and Signature went bust. Look what it did to gold prices and the markets. The markets went way down, gold prices went up. That was three banks. Now, the number of banks, according to a report that just came out, over 30 banks are facing disaster. And I've seen as much as almost 282 banks, small, medium, and large, are facing financial crisis because of the office building
Starting point is 00:13:07 bust, which was one of our top trends that we'd forecast back in May of 2020 when they started locking down the country. Yeah. I remember that. I remember that. Now, if they lower interest rates before the election,
Starting point is 00:13:23 is that going to help to kick the can down the road a little bit with this commercial real estate stuff? No, no, no. So it's not going to be an incentive for them to lower the rates because they're talking about, well, we're going to leave the rates. You know, this is back and forth. And I guess with the stock market going up as well as gold, I guess the market is expecting that they're going to lower the rates, right? Yeah, they're going to lower the rates, right? Yeah, they're going to lower rates. They're going to lower rates in the run-up to the election to juice the economy. Again, excuse me.
Starting point is 00:13:52 Here, it's just some articles recently. Where is it? I just had one here about the, well here we go the backbone of america's economy was just dealt a serious blow that's the headline on may 15th in cnn the cartoon news network month, retail sales were unchanged in March, and it goes, April spending missed the 0.4% increase that economists had projected. By comparison, a year ago, retail sales, they're down, but by sector, the biggest monthly increase in spending was at gas stations where sales were up 3.7 percent and they go on to say that you know the um retail sales and how much of that sales going up is that that's all price of the exactly raising price of the gasoline is not people are
Starting point is 00:15:01 buying more of it no yeah and then they, consumers are also taking a lot more debt to support their spending. And the New York, notably the percentage of credit card balances, ready? Mm-hmm. In serious delinquencies has climbed to the highest level since 2012. Hmm. Oh, 2012? Yeah. The Great Recession? Yeah, yeah.
Starting point is 00:15:32 I bought a building, you ready? In 2012, and you were up here in Kingston. Yeah. On the most historic four corners, 1763 building, 1763 beautiful stone building in perfect shape. I bought it in foreclosure, 2012. Now you're looking at credit card delinquency rates back to the level of the great recession. So what's going on, you're looking at this.
Starting point is 00:16:11 Walmart says more diners are buying its groceries as fast food gets pricey. And Walmart's, you know, their profits went up. And they're saying that it's roughly 4.3 times more expensive to eat out than it is to eat at home. And foot traffic to limited service change, which includes fast foods and fast casual restaurants, fell 3.5% in the first quarter. That's according to Revenue Management Solutions. So now Walmart also says that, you ready? This is CNBC. Walmart on Thursday topped quarterly earnings and revenue expectations as the discounted made significant e-commerce gains, drove profits with newer business like advertising, ready, and won over more high-income shoppers.
Starting point is 00:17:15 High-income shoppers have to go to Walmart. High-income shoppers. Yeah. Yeah. So people can't afford it. And I've been to Walmart, you ready? Two times in the last 20 years, I can't stand going into these ugly factories.
Starting point is 00:17:33 Yeah. So it's like when I was a young man, there were places called Lord and Taylor's, you know, all these beautiful, beautiful stores where people were dressed up and elegant. And, and now that's a bunch of crap and the people look like crap that go in there and they're buying crap.
Starting point is 00:17:53 Yeah, absolutely. Yeah, the dollar, you know, when we look at this and what do we see from both of these clowns who are running? We've got Donald Duck and we've got Goofy running for this. And so Trump is talking about how we've got to weaken the dollar. You know, the path to prosperity is a weak dollar, and it's going to be tax cuts for the uber-wealthy and the big corporations just like he did the first time through, demanding that we've got zero interest rates and quantitative easing
Starting point is 00:18:19 and tax cuts for the people at the very top. And, of course, I remember you talking about that as well. You said it's not going to trickle down, and it didn't. It didn't trickle down. And so on the other end, we've got Biden who wants to raise taxes, wants to raise regulations, and wants to strangle everything. I mean, at the national level, there really isn't any solution, is it? It's just pick your poison.
Starting point is 00:18:44 Going back to Trump he saw trump promised three things and i believed him by the way in the beginning i didn't know he was you know gonna lie like this he promised three things yeah to rebuild the rotted infrastructure to lower taxes and to stop the flow of cheap labor migrants coming in cheap labor basically and again just to stay on the migrant issue they're letting them come in because they need cheap labor you go to any of the stores you go to the targets the walmart's the i don't go to walmart but, but Marshalls, HomeGoods. You walk in any of these places, signs, help wanted, help wanted.
Starting point is 00:19:33 Because they're paying the people nothing. We're just plantation workers of slave land here, so they need cheap labor. So going back to, and that's why they let him come in. Going back to Trump with his tax cuts, that's the only thing he did. The infrastructure is rotted crap, didn't do anything. And you mentioned it, and you could go to Tax Policy Center to prove it. The 1% got 64% of the benefits of the tax cuts from Trump. And he spewed out the crap that from the tax cuts,
Starting point is 00:20:10 they were going to use that money for capital improvements to build up the economy. You know what happened? The tax cuts thing came in 2017. In 2018 was a record year of stock buybacks yes they use that money to buy back to stocks to drive up the value of their i remember us talking about that yeah and if we go back and we look at it one of the things he was saying at the time he said you're going to see the average household income go up by four thousand, perhaps even up to $9,000. And of course, we know it didn't at all. As a matter of fact, because inflation went down.
Starting point is 00:20:50 But that was the narrative that was sold to people. Don't worry, I'm giving all this money to my friends, but they'll trickle down on you. It's kind of like Dennis the Menace sign that you see everywhere. That kind of trickled down economics. So again, going back to gold, this is, again, there's danger. Matter of fact, even Jamie Dimon, the guy can't stand an arrogant nobody. Again, the Goldman Sachs gang, convicted, convicted.
Starting point is 00:21:23 Again, we go to Wall Street on parade. Convicted. JPMorgan Chase of five felonies. Five felonies. Hey, I don't go to jail. Don't you know who I am? Yeah, but if you went to 10 miles, you're going too fast. Pull over.
Starting point is 00:21:42 Stand on your head. Repeat the alphabet backwards. You're going to jail. You were 0.11% over the drinking limit. You go to jail. The little people of slave land, all of us, they, you know, to the fullest, they connect us. Yeah, to the letter of the law and beyond. Absolutely.
Starting point is 00:22:00 Yeah. Yep. It's just amazing. Going back, even he's warning about the debt level. Just came out yesterday, warning about the United States debt level. So this is a crisis ahead. Again, when interest rates go down, it's going to be the beginning of the death of the dollar. And you're seeing the bricks.
Starting point is 00:22:21 You see what's going. I mean, Russia and China. Putin's over there in China now. Let's get this in our head. If there was a war, Russia and China versus the United States and NATO, who do you think is going to win? Yeah. Oh, yeah. I know. Who do you think is going to win? Yeah. Oh, yeah.
Starting point is 00:22:46 I know. Who do you think is going to win? I know. Yeah. The United States hasn't won a war since World War II. I mean, this last week, we just had a story about, you know, the way the Russians just walked into Kharkiv. Why?
Starting point is 00:22:59 Well, and some of the Ukrainian generals were talking about it. They said they stole all the money that was supposed to be used for fortifications right and 150 million dollars is supposed to be fortification for that city nothing was done you know the french had their imagino line which was totally uh you know oh we're going to stop the germans from coming into france again they just flew over it right and so everybody mocks that you know and they couldn't turn the guns around all the rest of stuff but in ukraine they didn't have a magno line they had an imaginary line it wasn't there because the criminals made off with all the money they gave it to a bunch of
Starting point is 00:23:36 corporations that never existed before and the local journalists there in ukraine said um the people who created these corporations to get the money had a long criminal record. I mean, they just got the mafia and the mob, and they're taking all of the money. It's just all organized crime. That's what all of Ukraine is. It's just a massive black hole to pour money into organized crime. It always has been one of the most corrupt countries. Everybody says it, left and right.
Starting point is 00:24:04 They said that Ukraine is one of, if not the most corrupt country on earth again those are the facts that came out of from the the european the Ukrainian people after the war, corruption. Yeah, yeah. So the people know how bad it is. But of course, you got these little clown boys stealing our money, taxpayer money, to keep sending it to ukraine we're just sending them more billions and billions oh did you see that little arrogant little boy who's our secretary of state anthony blinken playing guitar with them a lot of people likened him to uh stupid crap did you see that little arrogant yeah yeah you You know who I am? My daddy was ambassador to Hungary.
Starting point is 00:25:08 My uncle was the ambassador to Belgium. I went to Dalton. I went to Harvard. Don't you know who I am? I'm Antony Blinken, a little boy of nothing. Yeah. Yeah. So many people are comparing him to Nero.
Starting point is 00:25:23 Nero had a fiddle. He fiddled while Rome was burning. Uh, blinking is playing electric guitar. Ukraine is burning. I mean, that's, it's ridiculous what is happening with it. It's just, uh, it's, uh, it's almost like a parody. It's crazy. It's a freak show. Yeah.
Starting point is 00:25:39 And the freaks are there for everybody to see. Yeah. Yeah. Oh, who do you like? I, I like that guy soon. Act over there in, in the UK.
Starting point is 00:25:49 Look at that little clown boy. How about the one before Boris Johnson? The best cartoonist in the world could not come out with a clown. Yes. I, yeah. Bojo, the clown.
Starting point is 00:26:01 That's what they absolutely amazing. Yeah. And everything, but the red nose. If he'd just drink a little bit more, he'd be perfect. But yeah, when you look at Zelensky, he's blamed the entire world for their failures in Kharkiv. I guess the entire world stole that money. I mean, the entire world is giving him money. They just rip it off and don't do anything with it.
Starting point is 00:26:29 But we're all to blame for that. But, that but you know we look at all of this stuff it just one more thing about the inflation thing gerald which i thought really hit home with me when i saw the headline and uh you know in terms of thinking about gold it's uh when gasoline is a hundred dollars per gallon and the guy says and of course you know maybe if you want to get higher octane you pay 130 a gallon and stop and think about that you know go back a few i i thought about that i thought you know what would my parents have thought of the price of this or that today you know and uh we're in for another major round of um inflation like we saw at the end of the 1970s there's so many structural problems you know we got the oil issue but then we got a lot of other things and not only that
Starting point is 00:27:10 but we have our own government which is trying to sabotage our economy and the price of oil it's not the arabs this time that's trying to do it but but i looked at that and i thought you know there's absolutely no way that you're going to be able to afford gasoline at a hundred dollars per gallon unless you've got some of um you know something that's going to help us to preserve whatever wealth that we have at this point in time and that's uh that's going to be gold it really is you know you can you can look at the bitcoin stuff but you know i i look at things and if i don't really understand it uh very well i i feel like it makes it easier for somebody to rip me off you know you can get ripped off with anything uh that's one of the things you learn as you get older right but uh you know when
Starting point is 00:27:54 i when i look at something that i don't completely understand that it's complicated it makes it a lot easier for somebody to steal it from me we've had situations where a billionaire was uh contacted by somebody said hey i just this was you, right? I'm looking at this whale that sold nearly a million dollars worth of stuff. Why did you do that? He goes, I didn't know that was taken out of my account. If that can happen to somebody who's got that kind of money, it's like I can't afford that kind of loss in anything. And I can't afford $100 a gallon gasoline.
Starting point is 00:28:27 And so when I saw this, Gerald, I looked at the record comparing the price of gold to oil, which I thought was interesting because it kind of took the dollar out. I mean, the dollar was the extra dimension there because it's looking at both of them priced in dollars but versus each other and you can see they're tracking each other pretty pretty closely uh there'd be one particular event where it'd be a short spike where it would get out but other than that uh and it would come back down you know but other than that the two of them were pretty much tracking each other all along and the overall shape of that curve was uh set up by the price of the arbitrary price of the fiat dollar. But what was interesting was how close to each other they really were.
Starting point is 00:29:10 When you look at real stuff, when you look at gold or you look at oil, the real stuff that's there, it's very different from the fiat dollar. Yeah. Yeah. Again, you know, this is the beginning of it. Here's another thing. With this Israel war going on and the crimes being committed in front of everybody's eyes, if the Arab nations put an embargo on oil, that'll spike oil prices up beyond 130 a barrel for brent crude and that'll crash the global economy and the equity markets yeah yeah and they did that of course back in 1973 and you were talking about the inflation back then and you remember the days when they were long lines all around everywhere. Even in odd.
Starting point is 00:30:05 Trying to get into a gas station. Yeah, even odd tags. You couldn't even get in line if you didn't have an odd tag on this day or an even tag on that day. So this is very serious, what's going on over there. And again, they're going to, going back, one of my sayings is, when all else fails, they take you to war. Yes.
Starting point is 00:30:28 Yes. And they're going to keep ramping this war stuff up. There's no question about it. Yeah, you've been saying that for a very long time. I saw several people put out an article that was Martin Armstrong saying, with the dollar collapsing, they're going to take us to war, which is what you've always said. When everything fails, they take us to war.
Starting point is 00:30:46 And what is failing is their financial system. They can't sustain it with the kind of debt that they've got, the kind of debt that is debt growth that you talked about that's happening there. It truly, yeah. This is another article. Japan's shrinking economy hints at stagflationary risk. This is yesterday from Bloomberg. Japan's lack of growth of the last three quarters points to a risk of a
Starting point is 00:31:11 sputtering economy. The latest data shows the world's fourth largest economy, you ready, has failed to grow since the spring of last year as the strongest inflation in generations weighs on consumer spending. Yeah, that's right. Now, it's not stagflation. Again, one of our top trends for 2024 is dragflation. The economy is going to drag down.
Starting point is 00:31:44 It's not going to stagnate. And inflation is going to drag down it's not going to stagnate and inflation's going to go up yeah that's right it doesn't mean that they're going to put uh rachel levine in charge of the treasury dragflation not that dragflation and by the way you were you were being racist too when you said we're going down a black hole yeah exactly it's uh it truly is a crazy time that we're living in as a matter of fact you know as everything seems to come back in a slightly different way one of the things i saw while talking about oil uh somebody did an article saying the falcon islands might become the most valuable piece of real estate in the world.
Starting point is 00:32:25 It's like, what? And it was all based on the fact that there is so much oil in Antarctica. And because of where, you know, they have the lines drawn, all the rest of the stuff, you know, we could wind up having a war over oil just in Antarctica because it's got so much that's there, just dwarfs any of the other reserves that they found. But, you know, it's kind of a pie-shaped thing with all these different countries have got a piece of the pie. But, you know, Falklands might give them actually a place to get in there. And I thought, well, that creates an interesting dynamic with Javier Millai there in the UK.
Starting point is 00:33:05 But I can imagine him fighting over that. But that's the reality of this stuff, you know, that it keeps coming back and it keeps coming back to real things. It keeps coming back to real things like oil, keeps coming back to real things like gold. Because all of this stuff about electric vehicles, people are seeing it for the fraud that it is. The fact that it's a technology that is not sustainable, it's not green even by their definitions of green. And so you now got a lot of people saying, hey, this is going to destroy everything. And they're starting to take a couple of steps back, but not Biden, of course. He wants to go full on. But as that comes back, we're going to start to see other things like that. But it makes me laugh
Starting point is 00:33:46 because the big narrative when OPEC hit us was we don't have any oil. We're going to be out of oil by the mid 80s. And I saved the magazine covers from Time and Newsweek talking about how we're going to be out of oil and natural gas by the mid 80s. I knew that was a lie then. And that was what they were pushing with this peak oil thing. It appears that there is no peak oil. So now they have to say, we've got to get rid of it because of cow farts or whatever. It's just insane. No, you're right. Yeah.
Starting point is 00:34:15 This week, by the way, this week I covered a story where there's a new company, got a lot of venture capital funding from Gates organization. I think a vaccine against car, a cow farts. And how can you get more politically correct than that? Excuse me. The going back to EVs, one of our top trends for 2024. EVs go F you. We've been saying going back to when this whole EV thing started,
Starting point is 00:34:50 it was a fraud. Your batteries is an invention that was created in 1800. This is not high tech and you're seeing again you know the lithium all of what to get this stuff and and they're not again when you when you have when you look at all the data they're not uh environmentally friendly that's right so going back to the EVs, it's a fraud. And now you're looking again at the hybrids. That's where the growth is going to continue and not in the EV sector. And so, again, the people have no clue what's going on because the mainstream media is just selling the narrative from the government. Yeah. And the corporations, the corporations own the mainstream media.
Starting point is 00:35:54 That's right. That's right. And, you know, back in Thomas Edison and Henry Ford tried to do an electric car. The thing that defeated them was battery technology. Yeah. Ford tried to do an electric car, the thing that defeated them was battery technology. And here we are, we still don't have a battery technology that can charge quickly and has a long life and all the rest of that stuff. But the thing that is amazing to me, Gerald, is how deliberate this all is to try to coerce us into electric everything at the same time that you've got the EPA coming after power plants and shutting
Starting point is 00:36:26 them down. And of course, that's about de-industrializing the West and moving everything to China and to India. That's really the agenda that is there. It's amazing to me that people can't see it. Of course, the mainstream media is not going to report it because they're part of that globalist agenda. But that is the key issue is just deindustrialization of the West and to transfer the economies of the manufacturing economies to China and India, because if you don't have cheap energy, you can't manufacture anything. But they also want to force us to put our cooking, our heating, our transportation, everything on electric grid that they're destroying.
Starting point is 00:37:03 Even the diesel trucks i mean now finally you got a lot of state attorneys general pushing back on biden and the epa because they're coming after diesel trucks now there's no um there's nothing waiting in the wings to replace the diesel trucks they're just going to shut these things down because they don't have the capability with these electric diesel trucks to get this stuff going yeah you know you're talking about the media ready this is an article yesterday's front page of the toilet paper record the new york times they call themselves the paper record but it's only Fight at NBC over left tilt from MSNBC. MSNBC placed a big bet on becoming comfort TV for liberals.
Starting point is 00:37:55 That's good. Then it doubled down. Okay, let's go back to this. For liberals, look up the definition of a liberal. Yeah. A liberal is an open-minded person that doesn't take a position on anything and lets people be who they want.
Starting point is 00:38:13 But they've redefined liberals. It should read, NBC placed a big bet on becoming comfort TV for libtards because they're retarded little jerks that believe in their crap. Anyway, time slots
Starting point is 00:38:34 on the cable network once devoted to news programming are now occupied by Trump-bashing opinion hosts. The channel has become a landing spot for high-profile alumni of President Biden's administration
Starting point is 00:38:54 like Jen Psaki, who went from hosting White House press briefings to hosting her own show. Yeah. That is the mainstream. Oh oh then you got that other arrogant little boy Stephanophilus hey I'm Stephanophilus I sucked up the butt of Bill Clinton don't you remember when I was there that's who the media is they're little prostitutes they're gutless little boys and girls who put out for their corporate pimps
Starting point is 00:39:28 and their government whoremasters. Oh, yeah. And that's why you subscribe to the Trends Journal. We give you the truth in trends. That's right. We have no advertisers. Zero. Nobody tells us what to do.
Starting point is 00:39:43 All of the media, all of the media is controlled by the corporations who get their money in from advertising. You go to MSNBC and you listen to libtard crap. Go to Fox and listen to repulsive crap. Don't listen to the truth. Be stupid. Keep your mind the size of a pea and swallow the crap.
Starting point is 00:40:11 Oh, you better close down your business because I'm the governor and we're fighting the COVID war and stand six feet apart. Yeah. And don't forget to put the mask on. Oh, yeah, these masks. Do you put the mask on oh yeah these masks you remember these you forgot about these yeah yeah that's right you know they had uh in florida and in another jurisdiction uh they are using ku klux klan laws now to say that you can't uh can't have a mask out in public and it was only four years ago that they're coming after people can't people
Starting point is 00:40:44 see this simon says stuff and how ridiculous it is? It's amazing to me. But, you know, you're right. I love that term that you're talking about, comfort TV. And that's really what it's become. The media has divided into two different groups of comfort TV. And they tell people what will comfort them. You like Trump?
Starting point is 00:41:01 I'll tell you how great Trump is. You like Biden? We'll talk about his great programs and all the rest of this stuff. Yeah. And so you've got the media understands that there's an audience out there that is a demographic. They think they can make money serving. And so they tell them information that is comforting. But you don't do that.
Starting point is 00:41:18 You know, as you pointed out before, many times we've talked about something. You said, I don't really like this, but this is what's going to happen. You know, and you have to have that honesty. You have to the way you do it in trends. General, you tell people this is, you know, I'm not saying this because I want this to happen. I don't want this to happen, but this is what's going to happen and you need to prepare for it. And that's the important thing, not to just give people a false sense of comfort just to curry favor with them because you're massaging their bias, you know? Yeah, no, again, that's what journalism used to be.
Starting point is 00:41:52 Yeah, exactly. It used to call it the fourth estate. You had the executive branch, the congressional branch, the judicial branch, and journalism was the fourth estate to oversee those three other estates and report on what they're doing they don't do that anymore they fired everybody you look at the numbers yeah the corporations own all of the newspapers that's right thing consolidation it's all consolidation they used to say uh the role was to comfort the um afflicted and afflict the comfortable but now they just want everybody to be comfortable with their news
Starting point is 00:42:31 and so they pick a demographic and they tell them you know this is what we want you to be comfortable and i never really particularly thought that was a good definition of journalism anyway i thought the the uh the important thing was to tell the truth. You're there, and your job is to find information and then to tell the people who are busy with other things in their life don't have the time to go find, and to tell them the truth about what you found and tell them why you think that. That's the other thing, too.
Starting point is 00:42:58 I don't like this whole idea that, oh, we're objective media. There is no objective media. Just in what they choose to report uh shows a bias again you have six companies that control what 92 percent of the media yeah oh yeah yeah brought to you by that slime ball that every time he got caught with his pants down bombs away over bagdad bill clinton that's right 1996 federal communications act that's right that destroyed it the bigs took over everything let me let me ask you this because you know we're looking at trump has not done a vp pick yet and i've looked at this
Starting point is 00:43:32 and um you know there's this massive co2 pipeline now if ever there was a unicorn fart boondoggle this is it they're gonna pump co2 whether they extract it out of the air or whether they extract it out of certain processes. They're going to pump it across the country in this massive pipeline that's going to use eminent domain to destroy a lot of people's private property so they can inject it into the governors of north and south dakota christy noem and doug bergham who used to be both of them are pretty high up in the vice presidential sweepstakes now she's basically got herself out of the running uh but the two of them hanging around trump a lot especially now bergham because he's got so much money he's got a lot of connections to all the Microsoft people to Balmer and Gates and stuff. Actually, he was worked for Microsoft for a while. But the you have that.
Starting point is 00:44:30 And then you got the CEO of this company. If I remember correctly, it's called Summit. I haven't talked about it for a while. But, you know, he's at Mar-a-Lago with all of these guys. I mean, nobody is talking about Trump's connections to the green steel. Pretty obvious what Biden is doing, but Trump seems to be connected to that as well. Don't you think?
Starting point is 00:44:49 Yeah. You know, again, Trump is all about money. Yep. That's all he's ever been about. That's right. Again,
Starting point is 00:44:55 he's another daddy's boys. His father left him over almost a half a billion dollars. Him and his, his brothers and sisters. By the way, I had lunch with his brother robert who passed away back in 2017 you know and um anyway he's a daddy's boy he didn't make any of this money on his own look at all the money he's lost and you know people forget about trump
Starting point is 00:45:21 about how he how they used to screw all of the contractors out of their last payments and everything. You know, and the guys, he's a nobody. Again, an arrogant, an arrogant, an arrogant nothing. How did his brother Robert strike you? And how did you, um, he was, you know, as my aunt Zidzi, you know, one of my books, when Zidzi gave Honey Boy, this one over here. Zidzi is the Neapolitan dialect for auntie. If Zidzi would have said, like asking the question you asked, she would have said, eh, it would have passed in a crowd.
Starting point is 00:46:03 That's a good one. I like that. He was a nice guy, but, you nothing nothing extraordinary about yeah he passed in the crowd he was very nice you know bought us lunch you know it was very nice we had a nice conversation and um he he was you know he for him he he would rather have seen his brother not run for president. Yeah, I think his wife would have rather seen that as well. I think several people in his family would have, but not Tim. And his sons seem to be all on board with it, but certainly Melania's not.
Starting point is 00:46:41 How about his son-in-law there, Jared Kushner? Oh, yeah. I'm sure he was happy that he ran for president, wasn't he? You know what Jared Kushner, let me see, I could find it over here. Let me see. Here it is. This is, again, the definition of genocide. The deliberate and systematic destruction of a group of people because of their ethnicity,
Starting point is 00:47:06 nationality, religion, or race. What being committed, by definition, in Gaza is genocide. And, if you don't believe me, this is from Jared Kushner, speaking at Harvard. Jared Kushner, former president, Donald Trump's son-in-law, uh,
Starting point is 00:47:29 make comments describing waterfront property in the Gaza strip is quote valuable. You ready? Yeah. This is quote. It's a little bit of an unfortunate situation there. Unfortunate situation. A little bit, just a little bit of an unfortunate situation there. Unfortunate situation? A little bit, just a little bit.
Starting point is 00:47:48 You bought the place into ruins. People have lost their homes, their businesses. They're living in tents. You have a crisis, a humanitarian crisis, but it's an unfortunate situation. But, you ready? From Israel's perspective, I would do my best to move the people out of there and clean it up. He said the Palestinian civilians should be moved into the Negev desert. Can you imagine this?
Starting point is 00:48:30 Yeah. Well, you know, maybe he's got a real marketing idea here because, you know, in Florida, they have changed the assessment. They had, during one of these storms, they had an old building that collapsed. So they went back and they really went up on the, um, the building codes are going to have inspections and all this other kind of stuff. So people are looking at six figure assessments. Uh, so in other words,
Starting point is 00:48:55 they have a inspection and they might come in and assess each of these condo owners, a hundred thousand dollars or more, and that's more than it's worth. So, you know, maybe these people will bail out and go to go to, uh, condo owners $100,000 or more, and that's more than it's worth. So, you know, maybe these people will bail out and go to Jared Kushner's new condo city, Scott, in those areas. Maybe it works out for him that way. But isn't that amazing? And, of course, that's government regulation that is coming in.
Starting point is 00:49:21 Nobody's going to be allowed to determine what their own level of risk that they're going to accept. No, you will build it to our standards, our new standards, and kind of retroactively enact these building codes to kick people out of their homes. To me, that's one of the most outrageous things I've seen anywhere. And you're talking about Miami. Isn't that where Netanyahu's son is hiding? Yeah, probably, yeah. Yeah, probably is.
Starting point is 00:49:43 As the other guys are going and fighting and dying yeah and the guy now again again with genocide by the definition this is from the israeli newspaper we must settle gaza now netanyahu ministers march to g, demand Palestinian expulsion, national security minister Ben-Giv called for Israel to encourage immigration, emigration, meaning pushing them out of Palestinians out of the Gaza strip.
Starting point is 00:50:21 Hmm. Hmm. Yeah. Yeah. And of course, and of course, you know, our, our friend machiavelli and mike johnson snuck in three and a half billion dollars uh for relocation is that to bring them here you know i mean certainly i would not put it past them to not put a dime in our border and to spend millions or billions of dollars to bring
Starting point is 00:50:45 the Palestinians here. I would think that would be absolutely. He is so America last. It is unbelievable what Machiavelli and Mike is about. Look at this little jerk. Look at this little clown boy. Again, I make this very clear.
Starting point is 00:51:00 Anybody that supports the Ukraine war, the Israel war, go over there, take your wife your kids your transgenders go over there and fight take your money or shut your mouth yeah yeah every politician that supports this war go over there and fight or shut your mouth yeah yeah yeah when we look at uh we just had a listener uh earlier say in louisiana uh it's become known that um he is basically trying to throw away um you know pro-life issue which is something that he's always nailed himself to right oh i Oh, I'm a conservative, I'm a Christian, and so forth. But, you know, there isn't anything that he won't do in order to win. Just like he flipped on Ukraine.
Starting point is 00:51:50 You know, he's not pro-life. He's pro-war. He's pro-abortion. He's the opposite of everything that he ever sold himself to be. And he just flips the switch on these things, even though he nails it down. And he's going to, now I'm going to fund Ukraine. I wasn't going to do that before I became speaker. down and he's going to uh he's gonna now i'm gonna fund ukraine i wasn't gonna do that before i became speaker but uh now i'm gonna fund it but you're gonna have to put money in the border and then immediately he just flips that off too because
Starting point is 00:52:14 it's all about him winning isn't it you know why he's doing this you know i do podcasts with judge andrew napolitano you look at some of the stuff about this guy, about his sexual behavior and other kinds of things that have happened. Napolitano made it very clear. They got a lot of crap on this guy and they have a lot of crap on all these politicians. Yeah, probably doing what they're doing.
Starting point is 00:52:41 Yeah. The FBI, the CIA, they got a lot of garbage on these garbage men. Yeah, that's right. That's why they're doing what they're doing. Yeah. The FBI, the CIA, they got a lot of garbage on these garbage men. Yeah, that's right. That's why they're doing what they're doing. Well, you know, we had Jagger Hoover. He had files on everybody.
Starting point is 00:52:51 And, you know, Truman talked about that as well. But, oh, you look at Dennis Hastert. You know, Dennis Hastert, the longest Speaker of the House that they had, at least for Republicans. I don't know if it was for the Democrats as well, but Dennis Hastert was a pedophile in a wrestling coach and they picked him to run for Congress. And then they put him in as speaker of the house simply because he was a pedophile. Yep.
Starting point is 00:53:15 Yeah. Yeah. I think that is absolutely the case. Uh, I think, and that's one of the reasons why, you know, we're not going to get anything solved by, uh, putting our hopes on Rome on the Potomac. I mean, it's people, it doesn't matter what, what, how they dress themselves up, how they present themselves. They're all a bunch of little Caligula is up there. I think, you know, I get, I get criticized because I, you know, I was raised Catholic,
Starting point is 00:53:39 but the Catholic church to me has nothing to do with what, you know, about Jesus Christ, you know we're all the priests protesting for peace right yeah well they're going to have the pope's going to he's done his encyclicals on the climate stuff and says today he's going to cover uh space aliens yeah so to me the catholic church has declined from what Jesus Christ, and I'm a warrior for the Prince of Peace, just as the United States does not represent anything from our founding fathers who gave us the Bill of Rights
Starting point is 00:54:17 and the Constitution. That's right. There's no relationship between then and now, and in most religions. Again, we're the quakers where they all died in an earthquake how come they're now that they're protesting seventh day adventists waiting for the eighth day you know where where are all the religions oh in god we trust what god oh you're talking about the pro-life oh i'm pro-life but i'm also pro-war what are you talking
Starting point is 00:54:40 yeah yeah exactly what are you talking about yeah yeah and then, you know, where were they when they were told they couldn't meet? You know, oh, yeah, okay, let's shut everything down. It truly is amazing, you know, what we have seen. But, you know, they're not all that way. There are some that are out there. But it is interesting to see how the institutions, all of our institutions political religious you name it educational they've all been um you know corrupted and a lot of this is is a deliberate thing uh you know it was a strategy of the marxist in the from the mid 20th century on to have a long march through the
Starting point is 00:55:18 institutions and they pretty much have done that uh they've successfully marched through the institutions and taken them over from the top down were rotting. And it's really kind of a Marxist march that is responsible for that. I think to a large degree, they've been very successful. Look at this crap coming out that if you're against the Israel war, you're an anti-Semite. Yeah. Yeah. Are you kidding me? And as I said before, you know, how is that going to be defined? It's going to be defined by a non-governmental organization. And they've got their definition of what anti-Semitism is. And so they don't even bother in their legislation to do it.
Starting point is 00:55:54 They don't kick it over to a bureaucracy, which would be bad enough. I mean, Congress doesn't do their job anymore. But they kicked it off to a non-governmental organization. You know, a foreign organization is going to tell us what we can and cannot do. Look, I'm all for them cutting all the funds to the universities for what the universities are doing, but that's the only thing they care about. And this is from Aharetz. Interior Department staffer becomes first Jewish Biden appointee
Starting point is 00:56:21 to publicly resign over the war in Gaza. This woman by the name of Lily Greenberg called, quote, I can no longer in good conscious continue to represent this administration amidst President Biden's disastrous continued support for Israel's genocide in Gaza, she wrote. Yeah. This is a Jewish woman. I guess she's an anti-Semite. Yeah, yeah.
Starting point is 00:56:52 Well, I talked about the ultra-Orthodox don't approve it. They don't approve of, and you got nearly half of the people who don't approve of Netanyahu. And yet what they've done is they've folded in a foreign political entity and defined that as if to criticize that foreign political entity is the same as criticizing an ethnic group of people. And so, you know, that's that's the real fundamental lie that is there. But it truly is amazing to me that they don't have a problem with any of the other stuff that is happening in the schools that are really, truly rotting our country with everything that they're doing, whether you're talking about CRT or DEI or any of this stuff.
Starting point is 00:57:27 They don't care about any of that. That's the only thing that they care about. And it truly is beyond annoying. I am just so disgusted with the vast majority of Republicans. You know, every congressperson here in Tennessee voted in favor of that, Gerald. I don't know. I mean, if there's somebody from a Constitution Party or something running for Congress, I
Starting point is 00:57:49 guess I'll vote for that. Otherwise, I'll just mark my ballot up so nobody else can fill it in because I'm not going to vote up. I'm not going to vote for any Republican who did anything like that or Democrat. It's just absolutely amazing. Well, we're nearly out of time. I just want to remind people again that you can get Trends Journal. Use the code NIGHT to save 10% excellent publication.
Starting point is 00:58:09 Uh, Gerald, you've always been so far ahead of the curve. And, um, and as you point out, sometimes the stuff that you tell us is not very comforting, but you try to tell us the truth as, as best as you can.
Starting point is 00:58:19 And you really nail it. Uh, so I really do appreciate you coming on and, um, always have appreciated, uh, your foresight and all of this stuff. And I'll just mention also, since we've been talking about gold and what a great investment is Tony Arderman and at David Knight dot gold, he set that up to take you to wise wolf
Starting point is 00:58:36 gold. Take a look at that good way to accumulate that on a regular basis. He's got a regular buying club there. Plus he'll handle larger, small transactions or your IRA, any of that kind of stuff. Uh, because a hundred dollar a gallon, uh, gasoline is on its way. We don't know exactly the time, but, uh, there's going to be a lot of sticker shock. That's going to be there in a lot of different areas. Thank you so much for joining us, Gerald. Oh, and thank you. And thank you for all you do and the great guests that you have on. Thank you. Thank you so much. Have a great weekend, Gerald, everybody else also, and hopefully we'll see you all on Monday.

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