The David Knight Show - INTERVIEW Trump the Wild Card on Tariffs, Global Chaos

Episode Date: February 21, 2025

Gerald Celente, TrendsJournal.com joinsTrump is changing things at the fastest rate we’ve seen and in unprecedented waysGerald drops a bombshell about what he thinks the government will do with gold in a twist on FDR’s actionsDotCom Bust 2.0Trump’s tariffs — ticket to tax freedom or a fat-cat feast?For 10% off Gerald Celente's prescient Trends Journal, go to TrendsJournal.com and enter the code KNIGHTIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @[e-mail] App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money should have intrinsic value AND transactional privacy: Go to DavidKnight.gold for great deals on physical gold/silverFor 10% off supplements and books, go to RNCstore.com and enter the code KNIGHTBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

Every dollar counts to keep up with the bills or to help with the cost of raising a family. A little bit extra can make a difference. You might be eligible for benefits and credits, like the Canada Workers' Benefit, the Canada Child Benefit, the Disability Tax Credit, and the GST-HST Credit. You may also be able to get your taxes done for free. Find out if you qualify. Visit Canada.ca slash EveryDollarCounts for more information. A message from the Government of Canada.

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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. Joining us now is Gerald Cilentia. Just ask him how he's doing. He broke his ankle just like Karen.

What happened, Gerald? You know, I run short distances to stay in shape, and it was snowing out, and I was running from one place to another, and there was ice under the snow, and i went down on it about two weeks ago so oh wow yeah i hear that yeah karen karen went rolling down a hill she twisted her knee and she had a cinder block that she was trying to move that was stuck in the ice and it gave way she went rolling down a hill along with a cinder block that was hitting her a little so it's uh but i sure hope you get better um yeah yeah it's a it's a bad time but yeah and you've got a lot of ice up there i imagine it's pretty cold it's been pretty cold

down here as well but um well let's talk a little bit about uh tariffs and other things pick up where i left off i was just talking about you know a lucky lieutenant telling us that they're going to get rid of the income tax do you believe they're going to get rid of the income tax. Do you believe they're going to get rid of the income tax? You know, if Trump says about the tariffs, to do the tariffs because when they had tariffs, we didn't have income tax. And that slimeball, may he rot in hell, Woodrow Wilson, and I say may he rot in hell because that's the SOB that brought us into world war one

yeah we had no business getting into i'm a yankee doodle dandy a yankee doodle do a die yeah and he gave us the federal reserve and he gave us federal income tax to the IRS. Yeah. So Trump is saying with these tariffs, like they had when McKinley was president before, that the money that came in from the tariffs, we didn't have income tax. So if he lives by his word, yeah, great. But again, you know, Trump speaks out of both sides of his mouth. So, you know, you never know. That's right listen when i get elected the first day i'm on the first day i'm gonna put a 25 tariff on mexico and china he gets into office well i'm gonna wait two weeks all right two weeks go by i put the tariffs on february 1st they got sung you took them off on february 3rd i remember zero hedge had an article that the shortest i survived the trade war of 2020

february the third to february the fourth or something like that right yeah a t-shirt so you don't know what he's going to do but if if he says it, and I have to tell you, as much as I can't stand him, he's done more positive things than Biden did during his administration. And here's number one. Biden never did a single positive thing. I think probably that's one positive thing. That's good. Yeah.

The Ukraine war. Yeah. Oh, yeah. The Ukraine war. Yeah. Oh, yeah. Trump was president. We would not have given Ukraine, the numbers that I see are about $300 billion. I don't believe under the Trump administration we would have done that. I don't either. I don't either.

So that to me is a positive in trying to end the war. On the negative, let's steal that land from Gaza and make it a Riviera. And his son-in-law, Jared Kushner, we wrote in the Trends Journal back last year, right about this time. He said that that's very valuable waterfront property and we should move the Palestinians. This is a quote out of Gaza and put them into the desert. So I can't stand Trump's pro Zionist and sending us talking about that again. These guys speak out of both sides of their mouth. How about that?

How about that? Daddy? Another daddy's boy, by the way rfk jr we have to end that war in ukraine it's terrible what we're doing giving the bombs to kill people they got sewn but you're in favor of slaughtering the people over in israel aren't you aren't you and that's why i got my money back. I gave him six thousand two hundred dollars, six thousand two hundred dollars when he was running for president. And I had you here. I had what's his name? Dennis Kucinich, his campaign manager, one of my speakers at my Occupy Peace rally. Yeah. They talk out of both sides of their mouth yeah yeah but again on the positives you know as i was listening to you yeah

trump made a big deal about cutting what six thousand irs but where they still got they put 80 000 more guys in there or something so what do you do nothing with 6 000 cutting back yeah 6 000 is less than they hired in just the last uh you know half of last year so you know again they they play the these. And what I'm concerned about with the IRS, Gerald, is that, you know, Elon Musk has said we're going to minimize government, but we're going to maximize governance is basically what he's talking about. And so what I'm concerned about is that they're going to get rid of a lot of the IRS agents and replace them with AI machines that can audit everybody all the time. I think that's where we're headed.

Maximum governance. You are 100% right. I never thought of that. You are 100% correct. Yeah, and that's what concerns me. What does their new system look like? And I think it is going to be right down our throats everywhere we turn, even if he goes through with it.

Here's to make it one thousand percent clear when trump was president and by the way he's only interested in the rich you look at the cover of this week's magazine we got we got what's his name up there uh musk sitting on a throne you know and. And the slave is under him. You know, only money is power. Everybody else, shut your mouth. That's right. Look at all the billionaires he got in there.

So let's go to Trump's BS about taxes and everything. All he cares about are the big corporations. By the facts. Let's go back to 2017 when he was president. I'm cutting them income tax on those corporations. Bring them down to 15%. And you know what these corporations

are going to do? When we cut those taxes, they're going to create jobs because they're going to take that money and use it for capital improvements. Hey, what happened in 2018? They took that money and it was the biggest year ever of stock buybacks. Yes, yes.

I remember when you predicted that. You predicted that in 2017 when you were on the program. You were talking about, you know, look at this is just going to be the big guys, and that's exactly what. Every dollar counts to keep up with the bills or to help with the cost of raising a family. A little bit extra can make a difference. You might be eligible for benefits and credits,

like the Canada Workers' Benefit, the Canada Child Benefit, the Disability Tax Credit, and the GST-HST Credit. You may also be able to get your taxes done for free. Find out if you qualify. Visit Canada.ca slash EveryDollarCounts for more information. A message from the Government of Canada.ca slash EveryDollarCounts for wager. Ontario only. Please play responsibly. 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. They're going to do, and you were exactly right. And that's what they did do. It was all of it was for the big guys, and they didn't do anything productive with it.

They just bought back their stock. You know, people, by the way, I'm getting blacklisted. People are leaving me because they don't like that I raise my voice. And they don't like my language. Oh, you're beating the hell out of me. You're stealing all my money. Oh, don't you be angry, Salenti. You're still in kindergarten.. Oh, don't you be angry, Salenti. You're still in good kindergarten.

You listen to your teachers. You've got to swallow the crap spewing out of Musk's mouth. He's the richest man in the world. That means that he knows the answers to everything, right? That's it. You're just a stupid little wop from the Bronx. He knows how to find his way around government. That's his superpower.

You know, he's been able to make this, become the world's richest man, history's richest man, by, you know, slithering through the halls of Congress and other foreign governments and getting everything that he wants from them. And now we've never seen anything like this. I mean, he's even, you know, he owns the Oval Office

and no doubt about it. And look, it's right in front of everybody. He gave Trump almost $300 million, his campaign. I want everybody, I say this over and over again, shut your damn mouth. You as an American citizen have absolutely no right to question the government. You have no right to talk to any politician unless you put up a lot of money so shut your mouth oh by the way as an italian used to be a guy by the name of mussolini yeah the merger of state and corporate powers fascism that's his quote and that's what we got

in front of everybody's eyes who aren't too blind to see. Did you see what his son, little X, he calls his son X. Did you see what his son said to Trump? He said, shut up. You need to get out of here. You're not president. It's like, where did he hear that from? And I got to see this little stupid kid on his shoulders.

There was a meme, Gerald of that somebody put up and so they got trump sitting at the desk and they've got musk standing next to it with a kid on his shoulders and what they did was they photoshopped eric trump sitting on donald trump's shoulders that's not the funniest thing i've seen but yeah it's pretty ridiculous they're gonna bring my son with me to work. Here we go. And yeah, it was pretty amazing. But I thought that kid was really something else. Boy, I tell you, he needs a woodshed treatment big time.

But where did he hear all that stuff? You're not present. Shut up. Get out of here. And I was just repeating what he's heard Daddy say. Again, as George Carlin used to say, it's one big club and you ain't in it. Yeah, that's right. And when you look at all these little clown boys and girls, look how many of them come from.

Remember that little scum piece of crap, Anthony Blinken, that little gutless little clown? Oh, I was secretary of state. I went to Dalton. I went to Harvard. My daddy was the ambassador to Hungary. My uncle was the ambassador to Belgium. Hey, how about little Georgie Bush? A guy with a pair of cojones smaller than a mothball and a brain the size of a pea. Why, my daddy was George Bush, don't you know? My grandfather was Prescott Bush. Oh, a criminal like, oh, it's, oh, I got that little clown jerk that's now running for mayor in New York.

Andy Cuomo. My daddy was Mario Cuomo. I was the governor. We're renaming the Tappan Zee Bridge after my daddy. All right? Yeah. And now, so going back to Musk, his kids are going to be the same kind of arrogant pieces of scum like he is.

Oh, yeah. They got all this money. You are nobody. That's right. Yeah. Yeah. His kid is going to be one of the richest men in the world. Just watching what happens with all of that stuff.

And, of course, several generations of Muskk i talked about this earlier in the week his uh his grandfather was one of the key people in the technocracy movement in the 1930s he had criminal charges brought against him in canada for all of that but you know looking at this and again you and i agree i've always said the income tax is one of the worst ways to collect taxes right it's very intrusive uh it can be weaponized easily against people and all these other things and very cumbersome to deal with uh and and so there's been many many many different types of reforms people talked about flat tax a fair tax and on and on but in the past, the conservatives would say, but we're going to wind up with both of them. And they would kind of push back. Now with Trump, no problem. We're not going

to end up with both of them. But I think we're going to end up with both of them. You know, Trump doesn't want to go below a 15%. And isn't it coincidental that they had a globalist agreement under Biden that nobody's going to go below 15% on corporate income tax. He's going to do what his masters tell him to do. He's not anti-globalist. He's going to go along with them on all the rest of this stuff. And so I think we're going to wind up with both of these things. That's my concern about it.

And I think he's going to go rapidly into this. And I see it as kind of like somebody trying to get off of a drug that they're hooked on. You know, we've been on this open borders, open trade, and, you know, we've got a distributed supply chain that's distributed across all the different borders. And my concern is what happens economically when you, you know, hit that with a really fast change. Is that a concern of yours? What do you think is going to happen with uh this happening all at once it's a guessing game and again it's this you know i do the top trends every year i've been at this 45 years you know in my books here trends 2000 international bestseller trend tracking far better than megatrends time magazine we've been publishing the trends journal since 1991 never before have one of my top trends been wild card it's a wild card and that's the trump card yep oh by the way he called himself a king

yeah you got about a trend you got when we put the top trends out january 2nd we have the trump card and we have him dressed up with a crown. The king. Yeah, that's right. It's a guessing game. Yeah. This guy, you don't know what he's going to do. He's only going to do it for himself and those that support him.

So you don't know. So you don't know. You just don't know. The game's going to keep changing and changing and changing and changing. They'll say one thing, do another thing. They'll say some things and do those things. Yeah, yeah. Let me ask you then about the Ukraine stuff, because, you know, it's the,

it came out and Pete Hegseth had a very clear statement somebody had written up for him he's not making this up you know he's somebody who reads a teleprompter and he's got a script in front of him and he says you know we're going to have a peace and it's going to be patrolled not by u.s troops and there's not going to be any nato membership for ukraine and on and on and then the um and then trump kind of seconds that and then all of the eu has a fit as a matter of fact one of the headlines that i saw from rachel marsden on rt said trump hits the ejector seat and the eu is left screaming in the back seat that's kind of what has happened so they're screaming in the back seat you know because he was driving they weren't driving uh the u.s was driving i should say and and so they're

screaming in the back seat and then they kind of pull this thing back and they said well no pete hegseth spoke too soon and so pete hegseth comes back and say yeah you know somebody wrote that up for him that was their policy and they modified that so what do you think is going to happen i agree that you know that we would not have not have had the Russian war if it had been Trump in the second term. I said when he was running for reelection in 2020, I said, if Trump wins, if Biden wins, it's going to be war with Russia. If Trump wins, we'll have some kind of a war, maybe trade war, maybe more with China. And so I always felt it was going to go that way. now i you know i believe that he wants to try to normalize that thing will he stick to it what do you think is going to happen with i think he

will yeah i really do here and you ask what's happening denmark's arm spending rises 70 percent denmark how many people live there you're wasting you're putting all this all these countries putting money so they're spending a million dollars last year now they're going to spend 1.7 right yeah i mean you're close to it five billion five annual defense budget it's going to go up to seven billion are you wasting this damn money oh you're going to go up to $7 billion. You're wasting this damn money. Oh, you're going to fight Russia? The mouse that roared, right? Or the mouth that roared. Yeah.

I mean, so this is a stupidity. Again, look at the jerks running the world. I mean, you like that little Katsuo Macron, you know, a little jerk over there or nothing. That little Starmer clown over there in the UK. That before him, you know, the little jerk over there in nothing, that little starmer clown over there in the UK, that before him, Boris Johnson, that the best cartoonist in the world could not come up with a freaky... Yeah.

So, you know, it's... And by the way, when people say about me not being... I'm angry, he who is not angry, when there is just cause for anger is immoral. Why? Why?

Because anger looks to the good of justice. And if you can live amid injustice without anger, you are immoral as well as unjust and that's according to thomas aquinas i agree with that yeah i agree a hundred percent yeah and again i'm from a different generation in a different place i'm born in 1946 in the bronx you're free to be. Don't tell me who to be. I won't tell you. Don't tell me. And don't tell me what to do.

You got it? Oh, how dare you say that, Salenti? When your politician tells you something to do, you do it. Now, you put on that mask, stand six feet apart. The wind blows exactly in straight lines and succeed. Remember that? Oh, yeah. Yeah.

And when you go to a restaurant, you better wear that mask, as you well know, exactly in straight lines and succeed. Remember that? Oh, yeah. Yeah. And when you go to a restaurant, you better wear that mask, as you well know, because you got thrown out. But when you sit down, you can take that mask off, and you can eat without that mask on, because COVID knows when you're eating and drinking, and it's not going to bother you. I'm the politician.

I'll tell you what to do. Yeah. Yeah. Yeah. Oh, it's crazy. And that's another thing, by the way. I want to make this really clear. The damage that this COVID war has done is incalculable. Mm-hmm.

Economically, physically, mentally, and spiritually the damage that it has caused we're going to see there's a global global economic crisis at our doorstep i agree i agree and and of course that was all run out by trump and nobody wants to remember any of that stuff you know that's why i look at every one of these things. He's done a lot of things that I said, you know, I would love to see them stop paying foreign citizens who come here illegally on welfare. You know, I said it's a big welfare magnet. So no matter what you do, if you don't stop that welfare magnet.

So he's talking about doing some of this stuff. But the devil is going to be in the details of all this stuff, whether you're talking about the IRS or how the tax system is going to be changed or anything. The constant that is here is what you're talking about, the wild card, not knowing what he's going to do. The chaos is going to be happening with rapid changes. And then my big concern, as you pointed out on the magazine cover this week, my big concern is Elon Musk. What is this guy up to? And I think that he's in the midst of creating a massive army of sycophants around him, just like Donald Trump did.

He saw how Donald Trump played these people, and he's doing it in an even bigger way. And I'm very concerned about what's going on with Doge when they're going through it. It's great that they're uncovering all this fraud. And we're seeing stuff, you know, like Stacey Abrams. You know, they dumped a massive amount of money to some organization that she had i understand you know the government is completely corrupt they've never had this kind of detailed auditing which i agree with uh but the question then becomes what is he going to do with it and how is he setting himself up for more and more

power everybody's worshiping him over twitter as if he saved free speech, and you don't have free speech on Twitter. But, you know, this is the way he's playing the crowd that follows Trump, and they just idolize somebody if they're a billionaire. They think they know everything. It's amazing. I know. That's what I said. Look at his whole, as I said, if you're not a billionaire, shut your mouth.

You have no right to talk to the president or to do anything. And again, you know this this this must crap look at all the money he's making from the government yeah somebody has some of his critics have said well hey you want to save a lot of money audit yourself yeah it's the biggest crony capitalist of them all yeah yeah that's amazing you know by the way when i talk about covid and the damage and you go you we've been writing about this for years, it's five years now. Here, this is from yesterday's Financial Times.

Indonesia hampered by shrinking middle class. And they go on to say, economists said the decline had been triggered by a lack of formal employment, a shortage of investment in high income industries, and pressures that have been exacerbated by the COVID-19 pandemic. No, no, not not pressures that have been exacerbated by the COVID-19 pandemic, by the politicians that closed down the countries around the world to fight the covid war oh that was their

language calling it a war that's right that's right and then you go back to trump he bragged about the operation warp speed gene therapy inoculation he gave us as you well know we talked about this many times it was what march 13thth, Black Friday, 2020, when he called a state of emergency. And you go back when the presidential race at the White House, Biden and Kamala Harris made fun of the vaccination, saying that Trump pushed this through fast so he could get elected. And then when they came in, they pushed it even harder. That's right. I mean, it's a clown show clown show freak show and the freaks are running the show oh it's professional wrestling and as a tag team that they're doing it yeah i called it the gci the genetic code

injection and what do we see trump do on like his second day in office uh he brings in larry ellison and they talk about how they're going to have ai custom make an mRNA injection to cure you of cancer. It's like, come on. And then you've got the insanity that we had in 2020 with all the masks and the social distancing and all the rest of this stuff. That is no more crazy, I should say, than the bird flu nonsense is happening now. And you talked about how, well, COVID did this and COVID did that. All of these press releases saying, yeah, we don't have any eggs on the shelves. And the ones that we got are twice as expensive as the ones in Mexico and maybe twice as expensive as we were a couple of years ago.

But it's the bird flu that did it to us. No, it's the USDA that's killing all the birds. And it makes absolutely no sense either. Even if you follow their paradigm to go out and kill all the healthy birds on a farm, when you get one PCR test of them, that's beyond insane. And yet the Trump administration is going to go down this path immediately as this woman, Brooke Rollins, gets appointed to USDA. She immediately says, well, we're going to approve a vaccine and I can do that through the USDA.

So she's the agricultural secretary. So they approve a vaccine for all the animals. And they're going to do this for all the animals. They're going to vaccinate us through our food because they can't get it in our arms anymore. Now, what do you think about that? What do you think about this bird flu thing? I mean, to me, that seems like that's where they're going. They're going for vaccines for every cow, chicken, duck, and pig that you can find.

And they can do that to them every year. I mean, it's a big profit center. I don't know. Again, it's a freak show. You were talking before we went on air about gold. As you all know, 2024, one of our top trends was it would be a golden year for gold. Yeah, yeah.

Gold prices went up last year 25 as we're speaking gold prices went up nearly 12 already this year now i'm going to be saying something here that very few people know about care about or understand but it's very important because we could see gold prices which are now around and went right on the air was about what about two thousand uh about two thousand nine hundred and twenty nine dollars an ounce it was up to two thousand 2,955 a couple of days ago. It went down a bit. I was a kid, like 17, 18 years old. And my father one day said to me, you know, he said,

I remember when I was dating your mother. My parents got married, may they rest in peace, in 1934. He said, I go over to your grandfather's house and your grandfather's wrapping up all the gold coins he had. I said to him, Pop, what are you doing? So my grandfather told my father, he said, I'm giving the president of the United States wants our gold money and we have to help America.

This is the Great Depression going on. I wrote in my one of my books what Zidzi gave Honey Boy true story about love, wisdom and the soul of America let's see if somewhere here it is this one of everything I've written is my favorite well my grandfather was so proud to have come from Italy

that he used to be the first person online on voting day so he turns in all the gold my father said he started cursing at him. My father said, don't turn it in. What are you, crazy? He said, don't give it to them. He said, your grandfather started cursing at me like crazy. That's all he told me. I never forgot that. This is very important.

When my grandfather turned to gold in, in 1933, they gave them back $20.67 an ounce for each ounce of gold. A year later, he passed the Gold Reserve Act of 1934 and what did they do they raised the price of gold to 35 an ounce in other words they increased it 70 after they stole it from the people people. Now Musk and Trump are talking about let's go into Fort Knox and see if the gold is there.

And then it got that other arrogant little piece of scum, that minutiae that used to be what? Was he the Treasury Secretary or something under Trump the last time around? He said, I went into Fort Knox and it was all this is the minutiae who had a company i forgot what it was out in california that rock that when the people lost all their homes he made sure they really got everything they could screw them out of everything oh that minutiae yeah yeah the guy who when they gave him the one thousand dollar stimmy check and they said well we need to do another round of that he goes oh they don't need

that yet yeah lock know, everybody down. Yeah, that guy. I know Steve Mnuchin. Yeah. So he said, I saw the gold. And I said, how come I can't see the gold? I'm an American citizen. Show me the gold.

Shut the hell up, Salenti. You have no rights. You're not a billionaire. You're a nobody. So anyway, going back to this gold, here's what I think might happen. If the gold is there, they're going to say we got all this gold and now we're going to pass the

Global Reserve Act of 2025 and raise the price of gold 70%. So that we could cover our deficit that we'll never be able to pay off. But if we raise the price of gold, now we've got all this dough, and we could cover our big deficit that we have. What's it, $36 trillion? Do they have an official price of gold, I think, now? I still think it's at $35 an ounce.

It's still at $35? That's the official price at $35 now? Yeah. Wow. That's amazing. Well, you know, the other part of it is that before all this talk about auditing the gold at fort knox and things like that uh there was already a lot of massive movement of gold coming back into new york so much so that the london metal exchange couldn't keep up with it and and so the question is what is all that

about what do you think that's about i know what it's about i'm telling you you think that's what they're going to do? It's about him. The people in the business know that things are rough out there. The markets were artificially propped up with the trillions of dollars when the go for COVID war came. Everything should have crashed. They pumped in countless trillions of dollars on money backed by nothing and printed on nothing. All around the world. Inflation skyrocketed. They artificially propped all this up.

Now let's go back to only about a little over three weeks ago. What was DeepSeek? Oh, this company from China that came up with AI that cost a fraction of what the other ones cost, $100 million for them, only $6 million for DeepSeek.

Oh, we don't need all those big NVIDIA chips. We could do it with smaller chips. Oh, we don't need all these power plants either. No, no, we don't need all any of that. Out of the news is going to be a dot-com bust. And that's one of our trend forecasts. A dot-com bust, 2.0. I think I have a magazine here somewhere.

I had it here. Here it is. No, that's not it. I had it here. Here it is. No, that's not it. I had forecast the dot-com bust back in, here it is. When the magazine used to be a quarterly, now it's a weekly. The $2.56 a week. I just renewed the Wall Street Journal.

Over $700 a year. Wow. Yeah. Over $700. And this is only $2.56. And if you use the night, you get 10% off. Anyway. Use code. Dot com this.

Yeah. In the fall of 1999, dot com overload will short circuit many high expectations for huge profits in internet commerce, entertainment, and a wide array of dotcom services. Following the holiday season, many of today's high-flying internet stocks, the hottest IPOs, and newly emerging IPO wannabes will have begun their deep descent from their overvalued heights. And we said it would crash by the second quarter of 2000.

It crashed in March of 2000. And the Nasdaq went down 80%. The same thing is right in front of everybody's eyes. They've overinvested in all of these new IPOs, everybody based on the foundation of NVIDIA. So trends are born, they grow, they mature, reach old age and die. The AI trend has just been born, 2022. So let's go into the automobiles. When did they invent it? 1886.

I'm going to invest every penny in the 1886 model it's going to stay like that and never advance yeah that's what they've done with ai they've over speculated trillions of dollars into this sector it's totally out of the news now totally out of the news and look at the bank stocks going down yesterday went down five percent a couple of banks wow nobody's talking about the office building bust because now five years later these leases aren't being renewed from people used to have 10 stories now now only have three. They can't pay. There's going to be a banking bust. There's going to be an office building bust.

And there's going to be a dot-com bust. And that's why gold prices are going up. Yes, I agree. I agree. And as you point out, as everybody started the quantitative easing and printing money and doing all the rest of the stuff, the debt-to-GDP ratio of all the countries that were doing that kind of stuff just soared you know they're all underwater everybody's underwater with this stuff so there's going to be a big big reset that's going to go on with this and of course the question is going to be uh what is

that going to um do to individuals and how do we how do we guard against this is there anything we can do yeah we are extremely bullish on gold. Yeah. Extremely bullish. And we're bullish on Bitcoin because of Trump's crypto club in there, where they give him almost $300 million. Did you see that they're trying to, the opposition party is trying to run impeachment against Javier Malai because he did a pump and dump there like Trump did. And it turns out that the same company that was running his rug pull crypto also ran Melania's. Now, his rug pull was 80 percent of value lost.

And the guys there said we made 100 million dollars off of it. But everybody else lost 80 percent of their money. Melania, her coin went down by 90%. But I don't think there's going to be any moves against Trump because I think everybody's afraid of him. Don't you? No, you're not going to do anything. Yeah.

By the way, this is very important, too. As you well know, I began my career working on major political campaigns in Westchester County back in the 1970s, the richest county in America. And I was the assistant to the secretary of the New York State Senate. And I designed and instructed a course called American Politics and Campaign Technology, how to run political campaigns. And I taught it at St. John's University.

I know a thing or two about this game. David, never before in my life has there been a better time for a new third party than now never yeah because the democrats are going nowhere nowhere know how it's a clown show we're gonna go for chucky schumer no adam Adam Schiff? No, no, no. Elizabeth. One little joke. Well, they got David Hogg. They got David Hogg in the number two position there now at the DNC. They got nobody.

I know. They got nobody. Oh, by the way, this is the guy that killed the Democratic Party and made it into the slime party it is today. This is a T-shirt that I did in 1992 when Clinton was running for office. Yes, like Willie. That's right. Yeah. So he killed the Democratic Party. They bragged that it became a different party the democratic party no longer represented the people he gave a snap to bring china to the world trade organization on and on never a better time oh and before i forget bringing china into the

world trade organization and going back to ai and how china is going to be the world leader in high tech because of Bill Clinton. Again, tracking trends is the understanding of where we are, how we got here, and where we're going. And I'm going to tell you why. China is going to lead the march and why they're ahead now. Go back before Bill Clinton brought China into the World Trade Organization. Go back to 2000, 10% of 18-year-olds in China went to college. 10% brought them into the World Trade Organization,

all the manufacturers from the United, not all of them, a lot of them, from the United States, and Europe went into China, China gave them our high-tech, heavy industry, taught them everything they needed. China became this big industrialized nation. Now, you ready? Two-thirds of 18-year-olds are going to college. From 10% to two-thirds.

And they're not doing women's studies either, are they? No. And it's a whole high-tech world. These kids are totally devoted to this high-tech AI world. They are going to be the advanced nation in AI technology. And that brings me back again to why we're saying there's going to be a dot-com bust in the United States

and it's going to crash the equity markets. And when the equity markets go down, Trump will do everything to bring down interest rates to artificially again prop up the economy

like he's done before. the facts 2018 the dow had its worst december since the great depression what did trump do he forced power to lower interest rates which he did we talked about this in january 2019 he'll do the same thing the lower interest rates go the deeper the dollar falls the deeper the dollar falls. The deeper the dollar falls, the higher gold prices go up. Again, you've got to make connections between the different fields. Let me ask you this. I had along that line, I just had a question from a listener, DGA. It says, David, can you ask Gerald if Trump's stance on seizing Gaza will drive Saudi Arabia closer to bricks and weaken or destroy the petrodollar.

What do you think? No, the Saudis are all bored off. All the Arab nations are. Look at the Saudis gave, what, $2 billion to Trump's son-in-law, Jared Kushner, to start up his BS business? Look at all the Trump buildings going on in the Middle East. It's all about money. The Arabs aren't for the Palestinians. If they were, they would have put an embargo like they did back in 1973.

They don't care about the Palestinians. They only care about the bottom line. Yeah, they got a lot of empty land there in Saudi Arabia that they could bring them in if they wanted to, but they don't want to bring in any Palestinians either when it comes in there. Yeah. You know, they may publicly push back on it. But I agree with you. I think privately they're there with Jared Kushner and they're being, you know, they sold out just like our government has sold out.

Abraham from Tennessee says, love Gerald Slinty. Everyone should subscribe to Trends Journal. That's right. And you can get 10% off if you use the code Knight. Go to TrendsJournal.com. Thank you, Abraham. Appreciate it. Three Little Birds says, Slinty is somehow always a couple of steps ahead.

As long as I've known you, yeah, you have been a couple of steps ahead. That's for sure. And I don't think you're going to slow down even with a broken ankle. David, can you ask him what his book was that he showed, and can we still get it? Oh, yeah. He showed us three books. Yeah. This book, Since He Gave Honey Boy, a true story about love, wisdom, and the soul of America.

Of everything I've written, this is my favorite. And it was about what life used to be, you know, growing up in the Bronx. And how it was about what life used to be you know growing up in the bronx and and how our it was the height of america yeah and it was a different america my my uncles had fish stores butcher shops they're gone now the big zone everything and by the way used to be a tv show everyone loves raymond and the woman doris ro Roberts, who played the mother, her last starring role is playing my Aunt Cincy. And you can get it on YouTube. But Doris Roberts died 15 minutes into the movie.

So if you go to Trends Journal and you look at about, you know, the things on the top and you can get the book down there. This is my favorite. She died making the movie. Did they finish the movie or was somebody else? No, they just stopped it. You could get it on YouTube. And what happened was, unfortunately, the book came out like a week before 9-11.

Oh, yeah, yeah. And my other ones were bestsellers. So this one didn't make it big. But of everything I've written, you know, as a kid growing up, there was never a word talked about politics when I was a kid, my aunts and uncles. Never. It was about the human spirit being the best you can, doing the best you can. And it just breaks my heart.

Again, when I was a kid there were grocery stores hardware stores drug stores shoe stores stationary stores and now they're all chains oh look at the big news yesterday walmart expects sales to go down from the walmart oh brought you by And Walmart, oh, what you buy. Yeah, yeah. Oh, I agree. Liquidly Clinton from Arkansas. Well, you know, that's one of the things, Gerald, that really stuck in my craw with all this lockdown stuff, the essential and non-essential businesses, as Trump called it. Because we had had that same, you mentioned Walmart.

We had little mom and pop video stores, Karen and I did. And we had had a storm come through, lost power everywhere. It's the only time we ever closed our stores. And we were out of power for like two or three days. And finally, one of the stores got power back. We went in and the two of us were running it. And then the cops came in to shut us down. And I said, Walmart across the street is open.

Well, that's fine. It's okay for Walmart. You can't be open. And that was what came back to me when Trump did that non-essential, essential stuff. It's like, yeah, you know, that made me furious. It still makes me angry when I see it. But that's the kind of world that we live in. I began the program today with a comment from Oliver Anthony,ony the the guy who uh got it you know got a lot of plays on youtube and spotify and everything uh with the richmond north of richmond and what

he was saying was we're the last generation that knows life without artificial intelligence and his concern was you know you talk about how things have changed from communities and families and small businesses and everything. Now the generations are getting so isolated from each other and so connected to this digital artificial society. He said it really concerns him to think about what is going to happen even in his lifetime, you know? You know, I don't own a cell phone. I have an old flip phone, and I only use it when I travel, which I don't do that much anymore. Maybe this year, I maybe made 30 or 40 calls the whole year on the flip phone. And I did work for the cellular telecommunications industry going back to the 1990s when they had boxes in the backs of trunks with aerials. And I've been studying the radio of trunks with aerials.

And I've been studying the radio frequency radiation from these since then. And I know how deadly they are. The facts are all there. And now, you know, I like to go out. I'm a night kind of nighttime guy, you know. Every time I go to a bar, people are on their cell phones. Nobody's talking to each other.

I know, I know. People walk down the street. So here's an article that came out from StudyFinds two days ago. This is one change to your phone can reverse age-related cognitive issues by 10 years. Keeping your phone's internet off could boost your well-being, focus, sleep productivity, impulsivity, and more. Blocking mobile internet for two weeks led to mental health improvements with an effect size larger than typically seen in antidepressant studies. It goes on. Wow. Wow. Again, people. Mental fog, yeah.

Exactly. And the young generation, this is their life. And the AI, again, trends are born, they grow, mature, reach old age and die. The AI trend has just been born. It's the future. As I said, they got it wrong in the King James Bible when they said the meek shall inherit the earth. The geeks have inherited the earth. Look at that picture.

A Trump's inauguration. That little clown, Peach Eye, Musk, Zuckerberg, one little freak after another. And you look at it here they are at the inauguration and there's musk and peach on their phone nobody's talking to anybody yeah yeah this is the future it's finished unless we have a renaissance well you know that's interesting one of the things that oliver anthony said he was going to do was try to restore rural America one town at a time. And he's starting a foundation because he made a lot of money from that one song that he had. And so, you know, he's focused on building things from the grassroots up and trying to get communities together, you know, trying to

restore that. You know, it's a good goal. I think that that's going to work for a few people, but I think it's not going to be the majority of people. Yeah. You know. But we can do that ourselves. You know, that's the thing. Each and every one of us. Here's the deal.

We talked about in the beginning how the billionaires are in charge of everything. We need a renaissance. The renaissance followed the Black Plague. 60% of Europe was wiped out because of the filthy sanitation. They were killing themselves. They said in Italy, at the beginning of the renaissance, alla romana et alla antica, in the manner of the Romans and the ancients,

to describe the quality of the work that they were developing. The bringing back the beauty of the past in the most elegant way how did it happen with the medicis you need the money you can't do without the money these billionaires don't give a penny for peace they don't give a penny for the renaissance if a billionaire like you take a little clown boy like musk what is he worth like 400 billion dollars hey you got some how about 10 billion for a renaissance it's nothing nothing out of your 400 billion screw you get the hell out of here what do i care look at the way i dress look at my stupid hat on all right we need the money you can't do without money. You can't run for office without money. You can't have a new political party without money. As one person at a time, one family at a time.

And I think the people that are focused on this money stuff exclusively, I think that's going to be something that is – if somebody's going to look at their future as hitching a ride on a corporation, they're going to find that they're the ones that are going to be cut off. I think it's going to be the people who have real relationships with their family, just as you talked about growing up. That's what builds character. That's what builds strength.

And I think the people that have that are the ones that are going to persevere, that are going to be able to go through the hard times. No question. And that's something that we can all do. I mean, there's not a lot of, it's just a sense of hopelessness if we're going to look for some savior like Trump or something.

You know, that's the problem with most of America right now. It's a problem with the conservatives. It's been a problem for a long time with the liberals. They're always looking for a savior. They're always looking for a solution from the federal government. And now that's what's happening with the conservatives. Absolutely amazing. I saw this hero worship with obama

and now i'm seeing it with trump and it's just uh that's what's taking us down the drain i think oh this is going to be never this is going to be the wildest four years of our lifetime oh i agree look what we're talking about just a month he's only in a month look what he's done in a month sign more executive orders than any other president that's right that's right and and when you look at what okay just as just yesterday i was talking about the situation with um um the fact that he is um uh saying we're not going to have uh boys on uh girls teams okay california maine do it anyway and now you've got the conservative saying well he needs to stop that it's like well no we have a federal system i i don't agree with it but he doesn't have the authority to do anything about that what he can do is he can bribe them or he can pull money away

from them uh to get them to do what he wants and that's what people didn't understand about 2020 how trump was pulling the strings trump understands that he's talked about pulling money away to get them to do what he wants to do and obama has done the same thing but you've got the conservatives out there saying well trump needs to fix this it's like fix it yourself get out of that school if you don't like what they're doing right you know take some responsibility for your life nobody wants to do that anymore again as i said some things i agree with them some things i don't but i gotta tell you with with the ukraine war he's done more positive than... If we got that other clown back, Camilla Hilarious in there,

it would have been worse. They would have been taking more of our rights away from us in different ways and stealing more of our money to give it to them in a different way. So there are some positive things about Trump and there was nothing positive about biden and again totally opposed to trump and his gaza stance totally opposed to all the billionaires in control of everything but and again get rid of all these government agencies and that's the other important thing it's not only the federal government it's your city and your state is doing the same thing oh i agree yeah when you look at western north carolina you know it's local people that made it worse and and we

saw this all throughout 2020 uh it could be much worse or it could be much better depending on what your local government is that's why i told people pay attention to that because they can make it better or worse and we just had a study come out talking about how the block grants somebody went through and quantified it says well that increases corruption by 28 if you give a block grant from the federal government of course it does because it's the money right and these people they see a massive pile of money there and most people are not going to be able to withstand the temptation to grab it you know that's where the corruption begins right there and so you got all this this unlimited amount of money that's coming out of washington

because they just created another thin air and pushing that in yeah i mean look at the tax breaks they give to the hey i'm going to build an apartment over here oh we'll give you a tax break yeah who the hell are you to get a tax break oh yeah i got money and by the way before i forget another big trend that you're going to see, we're talking about the billionaires and how the people are going to be against us, a lot of people, off with their heads 2.0. And that's how you can have a revolution without the money behind it. Because a lot of people are very angry about how the rich get a free ride

and they keep stealing our money what did that buffett say one time that he pays less taxes percentage-wise than his secretary yeah yeah yeah oh you know that i used to rent one of my buildings the 1763 dr jensen house to his son oh peter buffett and peter buffett never gave me a gift about 10 years never gave me a penny for the occupied peace rallies that we had not a penny yeah not a penny yeah not a penny another daddy's boy another daddy's boy he wouldn't even say hello to me i'm just a little wop. I'm the landlord. Have food. Well, I got a couple of comments here. Nate Lovin says, tell Gerald thank you for his perspective on AI.

I love the car correlation to AI. Naburo 2029 says, Gerald is correct with his economic perceptions, but also he's stated many times when all else fails they take us to war so again um you know there may be peace in ukraine but uh is there going to be war somewhere else certainly rubio yeah rubio is pushing that really hard and that's what i said yesterday yeah they rebrand it and and and pivot you know so even if they take off the uh trump shot the covet injection because nobody's getting it uh they'll pivot to some more mrna injections somewhere else when they do they shut down their ukraine war they pivot to an iran war right but it's in this week's trends journal week after week we've been writing about the ramping up the iran war i remember it was it was trump that took us off the nuclear

deal with iran and assassinated Soleimani, the Iranian commander. That's right. That's right. Yeah, if he's going to do that, you know, that's the way these things operate. And, you know, just as you see Mark Levin having a hissy fit about Trump moving towards peace in Ukraine, right? His history doesn't include the coup in 2014. And nobody's history includes the Iranian coup back in the 1950s. That's really, if you want to know how we got to that point, it's the CIA and the U.S. government, the military-industrial complex. It gets us into all these situations, always blowing back on us like this, right? this right when i wrote the book trend trend tracking far better than megatrends time magazine

it's how when i saw it became a trend forecaster with the iranian war when it began and when they had their revolution back in the late 1970s and little jimmy carter or gave us muja hadin with brzezinski oh that guy that's al-qaeda today, yeah, that clown. He comes back from visiting the Shah and his wife in New Year's and said the Shah is the island of stability in the Middle East. He was a real astute observer, wasn't he? Yeah, that's when I became a trend forecaster and a political atheist. And I said, as everybody was taught to hate Iran, they had no idea that, as you just

mentioned, the CIA and the MI6 overthrow of Mosaddegh in 1953, the Iranian president, because he had the nerve, the gall to say that oil belongs to the Iranian people, not Anglo-Iranian oil, better known today as BP, or Standard Oil, better known today as ExxonMobil, and that arrogant piece of scum that he rotten hell, Winston Churchill and Kermit Roosevelt, Theodore Roosevelt's grandson. Yeah. Oh, yeah. The history that we're taught is we don't know where these countries are, and yet we

want to go to war with them. We don't know where the history is, and yet we want to have another war with them. Always great talking to you, Gerald. Thank you so much. And folks, again, TrendsJournal.com. Use the code NIGHT to save 10% off.