The David Knight Show - INTERVIEW Gerald Celente: Mad Rush to Armageddon

Episode Date: April 19, 2024

Gold, oil skyrocketing — commercial real estate (and banks) crashing. Can we stop the bipartisan War Party bombs falling? Gerald Celente, TrendsJournal.comFor 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: @[e-mail] 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.

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If you have questions or concerns about your gambling or someone close to you, please contact Connex Ontario at 1-866-531-2600 to speak to an advisor, free of charge. BetMGM operates pursuant to an operating agreement with iGaming Ontario. All right, welcome back. And joining us now is Gerald Salenti of TrendsJournal.com. And of course, if you go to TrendsJournal.com,

you can save 10% on a subscription if you use the code Knight. It's an amazing publication. He now used to do it on, I think, a quarterly basis or something, monthly, and now it's on a weekly basis. He's got like 300 pages worth of articles. It's in a magazine format online. And so it is always ahead of the trends. And we're going to talk about some of the trends that he had picked this year and how they are at the very top. Unfortunately, one of those trends has been war.

And that has brought itself to the forefront. Thank you for joining us, Gerald. Thank you for having me. And again, it's only $2.50 a week for the magazine. And, you know, the fact that they are one of our top trends this year was a golden year for gold yeah nobody in the world said this is a golden year for gold and gold prices are up now 340 dollars more than when we made this forecast on january 2nd of this year that's right yeah a big big jump and bigger than the stock market and uh any anything else actually forecast on January 2nd of this year. That's right. Yeah. A big,

big jump and bigger than the stock market and any, anything else actually. And this is just the beginning, by the way. And when I say, when they subscribe through night, it costs them the grand total of $2 and 50 cents a week. This is the wall street journal,

$5 a day. You see that important story in the top is that on their tippy toes ballerinas hit the tip top five dollars for this crap yeah yeah then you go to the toilet paper record. They call themselves the paper record, the New York slime. You see this story about this poor guy who lost his arm over there

in Ukraine? They don't show pictures of the little Palestinian children blown to pieces. No, they don't count. Yeah. This is the propaganda that you're getting the meat from

the media we're giving the people everything that they can get just to show you the the i mean the arrogance and stupid. That is the business section of this stupid picture that used to be one time it used to be all articles. Yeah, yeah. A showman for the age of combative

spectacles. Donna White, a violent sports boss, has amassed considerable clout. One page after another about this stupid crap. Yeah. Pay $6 a day to get this. People are getting no news.

They're just getting worthless junk. That's right. That's right. And again, this shows you the propaganda, right? This is today's toilet paper record. Columbia called in law enforcement Thursday to empty an encampment of pro-Palestinian if you're against Israel's genocide. That's how they sell the propaganda and hate. It's always about the labels. That's nothing to do with pro-Palestinian.

It has to do with anti-genocide. Yeah. It's always about the labels, as I said earlier. You're not pro-life. You are anti-abortion rights, that type of thing. They always pick the labels, don't they? Yep. That's the key thing.

That is the high ground, you know, and we just had Trump explaining how Gettysburg worked, you know. Don't fight up the hill, me boys. Don't fight up the hill. Well, we don't want to use their labels because if we use their labels, we're going to be fighting up the hill, me boys. So he actually said that. But it is comical what they do, except that it is a total distraction, isn't it? Yeah, again, a total distraction. One of our top trends, to give you an example, is it's going to be a banking bust like we've never seen in history of the world, part one or part two.

Going back again, tracking trends is the understanding of where we are and how we got here to see where we're going. So you go back to the COVID war. Go back into your house. You can't go to work. So now people staying at home day after day, week after week, month after month, year after year, and they're saying, I'm not going back.

I'm getting up at 5 o'clock, 5.30 in the morning to commute an hour and a half. I hated driving. I hated going to this. I'm not doing it anymore. It costs me all this money. All right, stay home. I'm the guy that has, let's say, 10 floors. I got all these people in little cubicles.

Yeah, I don't need it. I don't see you anyway. Stay home. Now, your office vacancy rate, vacancy rate in San Francisco is over 30%. In New York City, vacant, nobody in the buildings, 23%. Portland, Oregon, 29%, one after another. All right. How are you going to pay your debt on your mortgage that's come in due? $4 trillion worth of commercial real estate that's coming in the next two and a half years. Wow. $4 trillion.

They're not going to pay this stuff. The banks are going to go bust. I'm going to give you an example of how the mainstream media, this is from Reuters Wednesday, U.S. regional banks see booking more commercial property losses and loan sales. They go on to say that scrutiny of regional banks has increased after Silicon Valley Bank collapsed,

blah, blah, blah, blah, blah, blah, blah. Then they go on to say, again, that at the end of the article, there's a much more dramatic drop in values than with the market in 2023, they said. Analysts, however, you ready? Do not expect turmoil for the banking sector's exposure to commercial real estate. Right here. Won't be a problem at all.

At the end. Yeah. Nothing to worry about. Nothing to worry about. Don't worry. Everything's fine. Yeah. Of course, it will be all fine for the big guys. Uh, they're going to be bailed out as usual with all the rest of this stuff, but this, this kind of economic chaos is going to run through. Um, and even when they locked everybody down and said, you know, stay home,

work from home, or, you know, we'll just send you a government check and that type of thing, getting people used to being at home isolated don't travel you're not going to go anywhere you're going to get help from the government if they every any and every one of these financial problems that they create is going to be used as a way to push us into universal basic income to a cbdc to a government id uh so that uh as a pressure relief all of those things are going to be pushing us toward that aren't they we're going to see that accelerate it's not going to make any difference because we're going to be annihilated in nuclear war yeah and people

don't get it it's right in front of everybody's eyes we have demonic people running the world and uh this as we warned again you go back to your trends journal january excuse me february 22nd 2022 two days before russia and the ukraine war started we said that ukraine should negotiate for peace it went from covid war to uk war to world war, if this continues. And we've been warning that as Ukraine loses, which we said they were going to lose in the beginning, they're going to use a major false flag event, attack a nuclear power plant or something else to get support from the United States and NATO. They've already attacked a nuclear power plant last week, and they're going to keep escalating it. And then the Israel war. Look what's going on. We've been warning about this. They've already attacked a nuclear power plant last week, and they're going to keep escalating it. Yeah. And then the Israel war.

Look what's going on. We've been warning about this. Ready for this? Mm-hmm. Big story yesterday. Bank of America, oil prices could hit $130 a barrel this year. I saw that. Yeah, you saw that? Yeah.

Go back to your Trends Journal. We used week after week after week since January. And again, the videos are there. It's in your Trends Journal. We said oil prices could hit $130 a barrel. We've been saying this now for four months. Bank of America said it yesterday. It was big news.

I know. Isn't that frustrating? Get no respect. No. The Rodney Dangerfield. I'm a little guinea from the Bronx. So, you know, hey, what do I know? I only have bestselling books.

Trends to that. Trend tracking. Far better than Megatrends. Time magazine. Trend tracking. International bestseller. What the hell do I know? I've only been writing the Trends Journal since 1991.

I've been at this since 1980. And only call things like, oh, here's your Trends Journal, dot-com bust. When's that? Oh, fall of 1999. We said it happened by the second quarter of 2000. So going back to this, what's going on now with oil and what you're saying about, you know, none of that's going to make a difference. World War III has begun. We have evil, demonic people in charge. They're only interested in themselves.

They're narcissistic, sociopathic, people yeah oh yeah i've been talking about johnson this week i call him machiavellian mike now since he that little speech that he gave uh i i'm a wartime speaker literally he said uh that's how he sees himself now he is a wartime speaker he's wartime concierge you know or whatever but he's you know i this is a war this is a literal war and so we have to do this it's amazing to watch how this guy has just rapidly evolved to push any and every war and and to completely forget about the border for example even though uh if they were worried at all about the election you would think they would at least try to pretend that they cared right that's how i said earlier uh gerald it amazes me that here in an election year uh they

will uh ignore the border which by more than uh two and a half to one uh people are concerned about versus ukraine right so he completely ignores it he could easily since they don't care about the deficit what's the big deal you know put a hundred million at the border or whatever. It isn't going to make it the stuff that they were going to do was just window dressing. Anyway, they could throw money at it and say, look, we're doing something, but that's the contempt that they have for the American people. And for the election, even, I think that they're looking at this and saying, well, it's already, we've already decided who's going to win and we don't really even care what the voters think anymore that's what it looks like to me they don't even

pretend well again the it's not going to make when all else fails they take you to war yeah that's right people keep asking me on interviews you know who do i see winning the election i say you can't call it and i've been at this you know a lot of years you go back to the trench journal magazine we call trump a winner in may of 2016 when we when everybody said he was going to lose this is a whole different game going on right now yeah they're going to do anything they can to stay in power and when you go to war the people support the president that's running the show again all you had to do is go back to 2001 when um little georgie bush got just got into office we were in a deep recession the dot-com bust happened and then 9-11 happens what happens we're going to

get that guy osama bin laden dead or. A little boy of nothing, a little daddy's boy. 88% of the people swallowed the crap spewing out of the mouth of that clown boy. Yeah. Well, you know, when you look at what Johnson is doing, I mean, he's even Politico is saying, you know, how did Biden and Johnson lock arms on all this stuff? And of course, Trump is just staying off the side just to see which way the wind is blowing but you're right they're going to go with you know take us into war they're going to say well we're the guys who are in charge you don't want to change horses in the middle of the stream in the middle of a war that we just started uh you know

that that'd be no disqualification the fact that we're the guys who started the war uh so you don't want to change anything just leave us there it truly is amazing to me the arrogance uh that he has exhibited towards um uh the republican voters toward the rest of the other people in the conservative part of the republican party he doesn't even try to pretend any of this stuff and he is completely um in lockstep with everything that biden wants to do even including not just the war stuff, but even including the massive increase in the IRS, which is another way of going to war with the American people. It's amazing how in a short period of time he goes there, but of course he got $20 million in his first quarter as speaker.

So he's getting paid off handsomely. Again, a little clown, a little clown boy. Yeah. Little boy of nothing i would love i would love to call these guys out man to man i'd love to say you little bastard who the hell do you think you are yeah you're a public servant could you get that in your head you're a little nothing you're a little nothing that's what the people should be doing but there's no fight yeah the only thing i've seenD. Vance, I talked about this earlier in the show, J.D. Vance, and there was a long article where he had an interview with Politico, and I thought it was a very even article. But he was questioning the whole idea of the American empire. He said, you know, this aid that we've got going on right now, these four packages of like $ dollars uh to ukraine and israel and everything he says that's that's one aspect of it because we need to completely rethink this

international rules-based order nonsense this is this is working out really well for a few people in washington but not the rest of america the rest of us are really yeah and this is not working for us and so he's kind of taking on the the essence of it. And so that was encouraging to see that. But again, it's just one senator. Yeah, just one guy. Doesn't mean anything. Yeah. And again, going back to this thing, the hypocrisy of going on now of the slaughter of people in front of everybody's eyes.

And it just keeps going on. They're going to escalate this Rafah invasion now. Now that they got this out of the way, well, we retaliated against Iran. They sent that missile in there. What I suggest everybody consider doing, you know, George Galloway, he had an interview with scott ritter right after iran launched the attack

against israel last week right and ritter made this really clear because the headlines from the west were and from israel israel and the west knocked down 99% of it. No, no, that's not what happened at all. And Ritter makes it really clear. And from the Israeli side, this is from the Israeli news, it cost them to stop what Iran did, $1.3 billion. Yeah, I covered that. Yeah, exactly. You covered that.

And 10%, it only cost Iran to do it. Yeah, exactly. A new kind of asymmetric warfare, right? It's kind of like, you know, we go in with heavy, expensive equipment, and they've got cheap, improvised roadside bombs, that kind of asymmetric warfare. Well, this is the financial side of it as well. And, of course, we look at what's happening with the drones.

That's another kind of asymmetric warfare that's happening in Ukraine. But did Ritter focus on the financial aspect of it as the real issue? The financial aspect and how successful Iran was. Iran showed them. Iran didn't hit any civilian targets. They did this purposely purposely what they did. They have the ability to wipe out Israel. Again, Scott Ritter, there's nobody that I know of him and Colonel McGregor.

These are two guys that are in deep in the military side. Yeah. Yeah. They know what they're talking about. Yes. side yeah yeah they know what they're talking about yes and and i suggest that they go to you go to galloway and and and see this uh this this thing and then here here's the here is the here is the hypocrisy brussels eyes expansion eyes expansion of sanctions on iran after direct attack. U.S. announces a fresh set of sanctions yesterday on Iran targeting... Oh, wait a minute.

You're putting sanctions on Iran for attacking Israel. How about putting sanctions on Israel for attacking Iran? Yeah, that's right. Why, you anti-Semite? right why you anti-semite why you you hater how dare you say that they're the chosen people they could kill anybody they want anywhere any place any how they want to do it no sanctions on them matter of fact let's give them more money to kill more people yeah yeah the only person that i saw writing about this that that uh really got it right everybody was saying well you know this is um

uh what is uh israel going to do now they've been attacked by iran it's like well what about that first attack uh ron paul said uh you know that was a retaliation uh for their retaliation are we going to have a retaliation for the retaliation? And as I said, it's going to be like the Hatfields and the McCoys. If you keep going down that road, uh, because it was initially the assassination of these, uh,

two military figures. And, um, that's what kicked it off. And, uh, you know, in an embassy that was there.

And, uh, that, that was an attack on their native soil. And, uh, so then it escalates in retaliation. So now Israel says that they want to retaliate against the retaliation and then Iran promises that they will do that. So yeah, it's going to rapidly escalate.

It's now getting direct, which is what Israel and the U.S. has always wanted. They've always wanted to go back and to go against Iran. And yet, how did we get the Ayatollahs in charge? Well, that all began when we did a coup back in the 1950s, but nobody goes back to that either. It's just like that. They don't go back and look and say, how did we get to this point where we had such radicalized Iran in the first place? And has our policy really been working or has it been counterproductive? And it really has been counterproductive. Blowback.

No, you're 100% right in what you're saying. And the people have no clue of this at all. You ready? This is my book, Trend Tracking, that I wrote in 1989. Far better than Megatrends Time Magazine. You talk about what happened about the shah right the fall of the shah and i and i say i write about this is when i became a political atheist and a trend forecaster all they did was teach us just like they teach us to hate the russians

that they taught us to hate the iranians when the revolution began in the late 1970s. Never a mention about the United States overthrow of the democratically elected government of Mosaddegh. Brought to you by the CIA and the MI6

because Mosaddegh had the nerve, the gall, to say, no, the oil belongs to the Iranian people. It doesn't belong to Anglo-Iranian oil, better known today as BP, or Standard Oil, better known today as Exxon Mobil. I write about it, and that's how I became a trend forecaster. Exactly what you're saying, and that's when I became a political atheist. Yeah. And again.

So here we are now, you know, as Trump said, we'll go over there and we'll take the oil. Doing the same thing again in Syria, right? They don't bother with a coup. They just send in military people to occupy the oil fields and steal the oil. And then when we get shot at, oh, those, whoever it was, shot at us. Can you believe they shot at American troops in Syria? Well, what are we doing in Syria? I mean, nobody ever talks about what are we doing in Syria.

How did we get into a situation where they're wrong? We illegally invaded it to steal their oil. Like I said, you think we would have been in the Iraq war if their major export was broccoli yeah yeah except what we did look what we did to libya overthrowing the most people have more rights in libya under qaddafi and benefits than anywhere in africa and and much of the world yeah i want that guy qaddafi out of there oh you know you have to say it properly uh qaddafi has to go folks obama he's always folking us remember folks yeah yeah you know we came we saw he died you know as hillary said yeah and what she saw was the fact that he was setting up a banking system and competition to the european central and, and, uh, that had to go. Uh, it is, um, it's absolutely amazing.

And it is, you know, we just have to keep plugging away. I think the only thing that we can do is just keep telling the truth and pointing to this and telling people that we have to, uh, uh, stop this idea of the American empire. We have to stop this idea that all these people over there, I think they're dangerous. And so we need to take them out before they take us out. That is a prescription for unending war. That's what we've been doing since World War II. We've been acting like the Japanese at Pearl Harbor.

That is a prescription for unending war and never having any peace. It was actually kind of funny, you know, in this article where they were talking to J.D. Vance about the American empire. And so, well, this guy sounds really isolationist. And they're critiquing him, of course, and saying, you know, well, this is what he wants. I said, you know, that's exactly what George Washington wanted. You know, no entangling alliances with anybody. We focus on putting actually putting America first. People want that.

And yet they try to demonize that as if that is some kind of a bad thing it's amazing who's the day uh politico yeah politico was doing no who's the demonized yeah yeah yeah so here you mentioned you mentioned george washington right this is farewell address it is our true policy to steer clear of a permanent alliance with any portion of the foreign world. Screw you, Washington. I'm fat boy Lloyd Austin. I kill people in Iraq. I kill people in Afghanistan.

I'm the secretary of defense. My last job was with Raytheon, the largest defense contract, second largest defense contractor in America. Screw you, Washington. He goes on. Observe good faith and justice toward all nations. Cultivate peace and harmony with all. indulgence toward another, an habitual hatred, like they've taught us an habitual hatred about Iran and Russia, an habitual hatred or an habitual fondness. Oh, we love Israel.

Oh, they're so wonderful. And we love the most corrupt country in Europe, Ukraine. Oh, we love them so much. The nation which indulges toward another an habitual hatred or an habitual fondness, you ready, is in some degree a slave. Yeah, that's right.

It is a slave to its animosity or to its affection, either of which is sufficient to lead it astray from its duty and interests. Washington. Yeah. And they got the nerve to call you an isolationist.

Yeah. Hey, that's so what's your favorite war? You know, I, I, the Vietnam war I grew up during, it was wonderful.

I liked the first Iraq war better than the second Iraq war. Oh, the Afghan war was just wonderful. We were so successful in all those wars. Yeah. It cost us tens and tens and tens of trillions of dollars to kill millions and millions of people. But great success for nothing. And they call you an isolationist. Wes, this is a stupidity in front of everybody's eyes

well we had uh machiavelli and mike uh played the clip earlier today uh he said uh well i want to send bullets so we don't have to send american boys it's like what what nonsense is that we don't have to send either one we mind our own. But you want to send the bullets because the people who are writing you checks is what's going on here. Truly amazing. Yeah. Yeah. He's got people working for him that were lobbyists for companies in Ukraine and other things like that. He's a piece of corruption is just unbelievable.

And yeah, he doesn't have anything at all. Any concern at all for America or for America's safety or security. The national security stuff is antithetical to Americans, uh, America's safety and security. Uh, but it's also all across Europe. We're seeing the same type of stuff. One of the, uh, top articles you got at a trends journal, Finland's new president says to NATO, let's talk more talk more war yep what's going on

there again finland yeah finland got 5.5 million people yeah what are you talking this little arrogant little boy talking about yeah you know what's off the map like that all of europe is talking about more war stoltenberg vandalian orandalian, or Vandalion, whatever her name is. Again, only women were in charge. Or Baerbock, the other clown over in Germany. Hillary Clinton, who you mentioned before. Samantha Power, Susan Rice, Condoleezza Rice. One little warmongering freak after another.

I'm tired of this racism, sexism crap. Good and bad comes in every race, creed, and color. They're ramping up World War III. That's why I said to you, we're not going to have to worry about the economic consequences of what's going to happen if we don't stop the world from going to war. That's right. That's right. But, of course, you know, we do hedge our bets on this stuff.

You know, if World War III doesn't come out, we do need to. We still have other threats that they're coming at us with. That's why the economic stuff, the forecasts about gold and other trends are still very important, aren't they? Again, gold prices have gone up over $350 an ounce since we made that forecast. And we can see gold prices hitting $3,000 an ounce. This is just the beginning of it. Now, this is important. That's what I wanted to ask you, was where do you see that coming?

Because you called the oil price pretty spot on there with Bank of America finally caught up to it at $130 a barrel. And so we've had people predicted $3, 000 2700 4 000 one of them did i think that was ubs i think they put 4 000 you know what are you looking at if um the war doesn't break out and we keep going down you know um with a threat of war as well as inflation all the rest of these things well gold prices are going to go up for three reasons. One's going to be the banking bust. You know, I'm just going to give you an example of the,

again, I gave you one example of how they underplay the news. This is from the, the wall street journal yesterday. Tech giants, trim office space, dealing landlords, major blow. At the very end of the article,

right down here, San Francisco's office vacancy rate, I got it wrong before, hit a record. You ready? 36.7% in the first quarter, according to CBRE. You know what it was before the COVID war, the vacancy rate? What was that? 3.6%.

Wow. Wow. 10 times. Wow. Wow. 3.6% vacancy in 2019. 36.2% vacancy rate. Wow. Not a mention, not a mention in here about the banks going bust and how this is going to hit them. The amount of new office space technology companies leased fell by almost half in the fourth quarter of last year compared to 2019. Office space listed for

sublease in 30 cities with a lot of technology tenants has risen to the highest levels ever. 168.4 million square feet of office space is for

sublease in the first quarter. In other words, they're trying to get rid of their leases. Not a word in here of how it's going to bring down the banking system. That's number one. Number two, in the run-up to the presidential reality show, which they call an election, they're going to lower interest rates to keep the power in power in power. Our Fed head, former Fed head, Janet Yellen, is now the Treasury Secretary, shows you who's running the country.

They want to keep her there in power. They're going to lower interest rates to artificially boost up the economy and the run up to the election. The lower interest rates go, the deeper the dollar falls. And the dollar, by the way, the death of the dollar is coming. The lower the dollar falls,

the cheaper it is for other countries to buy gold. So the higher gold prices are going to go. Now let's go to China. We had forecast the 20th century was the American century, but the 20th century, 21st century but the 20th century 21st century would be the chinese century because the business of china is business and the business of america has been war that changed when china launched the covert war on chinese lunar new year the year of the rat january 2020. they locked down the country for three years with zero COVID policy.

Now, again, you got to put the trends together. Slime ball murderers, every time he got caught with his pants down, bombs his way over Baghdad. Bill Clinton brought China into the World Trade Organization. Officially, they came in two weeks after 9-11 when nobody was paying attention. You look at China's GDP before they got into the World Trade Organization. It's like this. They get in, skyrockets. The country was overbuilt with a boom.

Chinese real estate accounts for over 30% of China's GDP. It was a boom that was going to go bust anyway, but three years of zero COVID policy made a bad situation very worse. Going back to gold. Retail sales of gold in China

this year increased 25% so far. Central Bank of China, biggest buyer of gold they know how bad it is as do other central banks now why else is gold price going up the ukraine war but particularly the israel war israel is going to keep ramping this up this is just the beginning of the end you have demonic crazy people in charge who's your favorite guy you like that guy big eve no i like that guy smootrick no i like netanyahu he's just wonderfully kind and loving yeah that's why gold prices are going to go up and of course what

we've seen is you know even as um when they got worried about gold going up really quickly uh i pointed this out a couple of days ago you had uh about 10 different people uh affiliated with the federal reserve talking about how they're going to keep interest rates high they weren't going to cut them you know we know that they're going to cut it before the uh before the election but they're putting out you know to get everybody oh well they're not going to cut interest rates anymore uh and they did that in order to try to take gold down all they did was it didn't go down uh but it held its own and so um they weren't having um much of an effect they weren't having their desired effect on it you know by saying we're going to keep interest rates high they were hoping to take it down as you out, even though it was hitting new records,

you still had the Chinese central bank still buying more and more of it. And then what is going on with the gold ETFs? They had to cancel trade on that for a while, didn't they? Yeah. Yeah. Going up so high. Here, this is from Financial Times. I talk about the death of the dollar, right?

Massive U.S.s deficit poses quote significant risk to the world economy one's imf the international mafia fed a monetary fund excuse me all right it's right here in front of everybody's eyes the united states debt's increasing 100 trillion dollars excuse me a trillion dollars every 100 days yeah that's right that's right it is going to be a banking bust this thing's got but again when all else fails they take it to work here rents are still rising and fueling inflation no kidding oh march home sales they dropped because interest rates and mortgage rates are now 7.5%. Oh, but again, everybody said, nearly everybody, that when mortgage rates went up, that the cost of housing would go down. We said, no, ain't going to happen.

Housing prices are going to keep going up and so is inflation. So you ready? Mm-hmm. happen housing prices are going to keep going up and so is inflation so you're ready the median price of existing home sold in march 393 000 up 4.8 percent from a year before wow yeah i had an article earlier this week they were saying the doctors on long island From the year before. Wow. Wow. Yeah. I had an article earlier this week. They were saying that doctors on long Island, it makes $350,000 a year. Can't afford to buy a house there.

It's like, and this was not on, you know, the, the part of long Island, that's always been the Gatsby's and stuff like that. This is like in Suffolk county, uh, you know, where my wife is from. So it's, um, this is like suburban Long Island. They can't afford to buy a house there because interest rates are so high because they've essentially shut down building, put all kinds of regulations and inflated the cost of building and make it difficult for people to build. And so they've cut down on the supply of houses.

And so even though the interest rates are sky high, the prices of houses are not going down because they've controlled the supply. And even the doctors can't buy a house. Who's going to buy a house there? It's crazy. Again, and it's only going to keep going and getting worse. Prices are going to keep going up because they're driving up inflation with, again, you're going to see oil prices spike and all the cheap money they're going to keep trying to do to keep artificially propping up the economy.

So we don't again, it's the people are suffering like we've never seen in in in years. And it's only going to continue to get worse for the average person as the rich keep getting richer. And the robber barons, that's all they are. I mean, when we were young guys, there were no hedge funds, private equity groups,

or venture capitalists. When we were young guys, there were hardware stores, stationary stores, drug stores. That's right. And now they're all chains. That's right. That's right. And going back to the immigration that you were

talking about, they want the cheap immigration for cheap labor. Again, I wrote about this in my book Trends 2000. The whole internet revolution began in the early 1990s.

1994 it started taking off. They had this thing called H-1B visas. So they could bring in cheap labor from China and India. They didn't want to pay the Americans. You go to any store and you see, go to like a Marshall's, a Target

or whatever, and you see on the front doors, help wanted, help wanted, help wanted, help wanted help wanted help wanted help wanted yeah they because all the people working there just nothing more than a plantation work of a slave land here it's better than the plantation system you don't have to house them and feed them here's enough money yeah get the hell out of here come back in the morning you've got an article at a trans journal um fast food turns to ai to cut staff and you know i kind of think that um that's what was happening i i when i covered gavin newsom raising minimum wage i said

you know i think that's really trying to push these fast food chains because they you had to have something like 80 uh locations or something in order for the increase to go from $15 an hour to $20 an hour. I said, I think that is pushing these fast food chains to start using AI to replace people. But then we had this week, you had a place in several different locations in New York where they were using staff in the Philippines and they had them there as virtual clerks in the store to interact with customers because they could pay them three dollars an hour in the Philippines which was still twice what the average wage in the Philippines was at a dollar fifty an hour so this is the way they're pulling the stuff in isn't it I mean they're this is a very rapidly moving and they want to do it from the bottom up this is the way they're pulling the stuff in, isn't it? I mean, this is very rapidly moving, and they want to do it from the bottom up.

This is going to be one of their first steps to kill us economically, I think, is going to be the combination of robotics and AI. But before they do that, they'll do telecommuting with people in other countries, as we've already been seeing for the longest time, in terms of support people that are coming out of India that hardly speak English and that type of thing, you know, when you call in to get some help on something. But now they're going to start doing it in retail locations, I think, and paving the way, you know, making artificially inflating the price of people there so they can create an economic case for these people to add robotics and artificial intelligence to replace humans there and then once they do that they'll bootstrap into into other areas as well right you're 100 correct again one of our top trends was ai we own you and that's where it's all going i mean look look what's going on i mean you're talking about the philip by the way i was in the philippines it was heartbreaking to see the poverty there.

Yeah. You know, when you, oh, poverty is everywhere. Yeah. If they're making a dollar 50 an hour average. Yeah. I mean, you call every, well, the credit card companies who you're speaking to when you got a problem, somebody from the Philippines, you know, so they're going to keep doing it. And what you pointed out is a hundred percent. Right.

And, and again, we're just going to keep getting, you know, this is the article, by the way, bank of America issues, $130 oil. Oh yeah. Well,

the only four months too late, but, but bank of America said it, then it must be true. So again, it's going to, the average person is just going to keep getting poorer and poorer this is again like i call us plantation workers of slave landy and that's all this has become and that we need a new third party movement and we don't have it yeah because they're all paid

off by the you met that little clown boy that that little, what do you call him, Machiavelli, what do you call him? Machiavelli and Mike. Yeah. Yeah. A little jerk of nothing, a little boy of nothing. Oh, it is absolutely amazing. What's that? What did you say, you got 20 million?

Yeah, 20 million in his first full quarter as Speaker, $20 million. And I was talking about how, you know, when you had the 2000 election uh 70 million was the total that was spent by al gore 100 million by george w and this guy gets 20 million in just one quarter it's kind of a measure of the corruption isn't it yep but it's also a measure of the arrogance i just i can't get past that clip of him saying that he's the wartime speaker and so we just got to make these tough decisions. And he's going to completely ignore our border because he's a wartime speaker. No restrictions whatsoever on the money that we're going to send other people for war, but we're not going to do anything to protect this country.

It's absolutely amazing. Again, they want the border to stay open for cheap labor. Yeah. And I think they also, you know, when they look at this, I've talked many times about the fourth turning i don't know what you think about the cyclical uh theory of um that's put out by strauss and how about every 80 years everything gets restructured they said you know it's usually massive economic restructuring usually always economic restructuring usually war previous one was great depression world war ii prior to that civil war prior to that

revolutionary war they went back 500 years in british history to look at that and said well now everybody is pretty much synchronized on all this stuff but um i said you know this fourth turning it's really big fourth turning uh they want to go instead of like what we had with a civil war we had we moved from an agrarian society to an industrial society. The Industrial Revolution came in. That was a pretty big one. We had wars in a lot of different places. Italy had a civil war, 1861 to 1865, exactly the same time that we did.

That was about creating an industrialized revolution as well as a nation state. Now they want a global government, which means that there's going to be a global war for sure. But my question is, is it also going to be a civil war? They keep pushing with that. And I think that's a good bit of why they keep letting the borders stay open. I think they want to make sure there's going to be, while there is a global war, I think they want to have a civil war as well. What do you think? Again, a global war is going to be nuclear annihilation

i mean you don't have to believe me they asked a cat by the name of albert einstein who knew a thing or two about the atom bomb and they asked him what kind of weapons will be used to fight the third world war he said i don't know but they'll be using sticks and stones to fight the fourth yeah i mean you know about the samson option in israel yeah oh yeah they lose they go nuclear well you know a lot of people a lot of people you know there's going to be tremendous number of people that'll go out in the initial stuff another massive number of people will die from solely from radiation yeah some people the people who are left though uh as a matter of fact uh and i don't

know um you know this was um annie jacobson she's done books on um darpa on operation paperclip and some other things like that she just did a thing about um a nuclear war she said she thought the most number of people would die from starvation uh that even though you'd have tremendous initial casualties, vaporized and then dying from radiation, it's going to be starvation. To me, it seems to me like in that phase, that's where they want to make sure that the people who survive, they're all fighting each other, as you say, with sticks and stones,

bringing in all these different groups that are not going to even speak the same language into the United States. That's what they want to do for a complete and utter takedown, I think. What do you think? No, they're out of their minds. They don't have a final plan on this. I know, yeah. They're out of their mind.

They're nuts. Again, you're quoting a little jerky little nothing of a clown this mike johnson what plan what plan and again at what time this little boy couldn't fight his way out of a paper bag yeah and as i always say everybody's got a plan until you get punched in the nose you know yeah that's the other part of it the best laid plans yeah you get it all uh once that once that happens uh everything uh then resets itself doesn't it i got a couple of uh comments here uh one of them from rockfin fawn c thank you for the tip says good to see gerald uh on um rumble oh and 61 thank you for tip uh thank you dave for another week of insight and analysis. Thank you so much, Owen. I appreciate it.

Well, again, when we look at this, it is a very dark time, isn't it? But we don't want to lose hope in the sense that— Please, we have to do something. Yeah, that's right. People have to do something. We have to unite for peace. If we don't, we're going to die. Yeah, that's right. People have to do something. We have to unite for peace. If we don't, we're going to die in war. That's right. Yeah, and if we lose hope, we won't do anything.

And that's what they want us to do as well. So I think that we need to make sure that we understand what our goals in life are, and we need to understand that regardless of what happens, I quote it often, the fact that Martin Luther said, if I knew the world was going to end tomorrow, I'd plant a tree today. I think that's the way that we need to live our lives. I think that's why you cover a lot of economic and global economy information there, even though as you look at this, all the cards are lined up for global war.

You still look at this and say, but in case, you you know we're still going to plant the tree and we're going to do what we can to try to fight for peace right yeah and again you know i launched occupied peace and you speak spoke at my rallies i did over a decade ago yes this is an op-ed piece from biden in the wall street journal israel is our strongest partner in the Middle East. It is unthinkable that we would stand by if its defense were weakened by Iran. Israel is our strongest partner in the Middle East. You mean our partner in crime? No. Not my partner.

I'm an American. And, of course, when we talk about the asymmetry of uh of iran using very very cheap weapons and uh israel having to you know defend itself with extremely you know 1.3 billion dollars to defend itself that's not really a problem with them as long as they can tap into the magic money tree that we've got here in america right let's just put some more zeros on the bank account and here you know here's some uh made up fantasy currency here who cares about any of that stuff that's why i say it's so amazing to me and it's such a tell i think gerald when they don't even bother to spend any money on the border they could

easily say well yeah we'll spend 200 on the border who cares right i mean it's just it's just uh numbers on a machine to them. And so they could easily come in and say, we'll do 200 on the board. You feel good about that now? Now we can give $100 billion to these other wars out there. But they don't even bother with that. They don't even bother to try to save face or to try to make themselves look good to the voters because they don't care even to make that effort anymore you're right they're crazy people yeah yeah why you ask you ask a murderer why they're a murderer a thief why they're a thief

a rapist why they're a rapist these are crazy demonic people that are the the the inmates are running the asylum that's right that's right yeah why did they rob america well that's because that's where the money is that's what the uh willie sutton said the bank robber why do you keep robbing banks uh well because that's where the money is that's why they're robbing uh america because that's where the money is that's where the money is manufactured you know that's about the only thing we manufacture anymore is uh fiat currency 26.38 billion in military aid that's what that's going that's they're trying to push through which they probably will for israel wow they keep slaughtering innocent people yeah as our country's rotting in front of us yeah that's

right that's right yeah and we've had um and i think there's going to be another aspect of it as well. I think we've been getting some shots across the bow. You alluded to one of them at a nuclear power plant. We also, they're actually admitting, which is very rare. I guess it's because it's not a very important asset, but they had a water system that was cyber attacked. And that might have been another warning shot across the bow. We can do this to your entire infrastructure. That's the key thing.

I think that when we're looking at this, most of the time they go to absurd lengths to try to persuade people that this was not a state actor that was trying to attack our infrastructure. And of course, there's easier ways to do it when you got a wide open border. Anything can be taken out of the infrastructure in that kind of a situation. But these cyber attacks make it very easy for them to pretty much shut down anything, anywhere. And I think that we're seeing demonstrations of this

on a regular basis, even though that's not the way it's reported in the mainstream media. What do you think? Yeah, right. And it's just the beginning. It's going to keep happening. Yeah you know i was a i was a keynote speaker at uh virginia military institute back in the early 2000s they brought me there to talk about one of

them i was talking about my book new millennium warfare it's totally different totally different warfare and cyprus is going to be part of it. Oh, yeah. You know, there's another quote in here by Biden in his op-ed piece. Israel is facing unprecedented attacks from Iran, and Ukraine is facing continued bombardment from Russia that has intensified dramatically in the last month. The House must pass the package this week, and the Senate should quickly follow. I will sign this into law immediately.

You ready to send the message to the world? Quote, we stand with our friends and we won't let Iran or Russia succeed. That's Biden. Yeah. Yeah. That's not. Yeah. They're not my friends. I'm an American, and I believe in the founding fathers

like George Washington. Yeah. Well, Biden thinks that his, I mentioned twice this week that his grandfather or something was eaten by cannibals. He's out in La La Land. There's somebody else who's actually running that show there.

He's totally off the reservation when it comes to that. But stop at that. Stop at that because that shows you how out of their minds they are. Yeah. Oh, yeah. And that's why I'm saying they're going to take us to nuclear annihilation this is a guy talking about his uncle being eaten by cannibals i mean and he's our president yeah oh yeah i know yeah it truly is amazing um where this whole thing is headed and it really

is going down the tubes but again there are there are things that we just have to understand that we can make a difference individually, and we can stand up. That's why you do Occupy Peace. That's why you take a look at what is happening. Economically, there are still things that we can do, and we just don't surrender. I mean, we are not suicidal suicidal and we are not without hope

and that's the key thing is to make sure that we never get to that point uh we have to take a clear look and not turn away from uh what is on the horizon and we're not called to be pollyanna about it and just you know well i don't i don't see that i don't want to see that there's a lot of ugly stuff that is there that we need to clearly look at and we need to stand up clearly and oppose it without being intimidated and i really do appreciate you doing that thank you so much cheryl for what you do again folks if you would like to subscribe to trends journal you can use the code night to save 10 and what does that work out to is like a 250 a week or or something. Yeah. Is that true? Yeah.

It's a, it's an amazing bargain. And, uh, just from the financial standpoint as well, but also getting, um, uh, a heads up as to what is coming. Uh, he looks at the full spectrum of everything. And it's not filled with fluff about Taylor Swift or, uh, the ballerinas on their toes. I'm surprised that there's still even a performing arts place or Broadway in New York. I thought all that stuff was gone with the wind after the lockdown.

I'm surprised that there's still, still things like that happening in New York. Isn't New York is dead now at 12 o'clock at night. It's a whole different place. It's all different city everywhere. Everything's changed in the COVID war. the damage is incalculable that and of course uh eric adams is continuing to do the kind of stuff that uh sadiq khan is doing in the uk in terms of uh you know congestion pricing and all the rest of this stuff they're thinking of everything they can do to make it impossible

for people even get into new New York with a car, let alone keep these Broadway open or any of the arts places open. Of course, they're all going to shut down if they shut down that kind of transportation. I mean, who wants to get on the subway? It's like escape from New York. It's turning subway areas absolutely crazy, isn't it? Night in Calcutta. Yeah, yeah, it truly is. Well, thank you calcutta yeah yeah truly is yeah well thank you

so much for joining us gerald and thank you all of you for joining us and we hope that you have a good weekend and um again uh if you want to subscribe to trends journal uh go ahead and use the code night to save 10 thank you all of you. Have a good weekend. Let me tell you, the David Knight Show you can listen to with your ears. You can even watch it by using your eyes. In fact, if you can hear me, that means you're listening to the David night show right now yeah good job and you want to know something else you can find all the links to everywhere to watch or listen to the show at thedavidknightshow.com. That's a website. The David Knight Show is a critical thinking super spreader.

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