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Click On Picture To See Larger PictureAutomakers are now realizing that there is no demand for EV's if there was true demand people wouldn't care about the 7500 tax credit. Gold demand is surging. Trump's appointee is now redoing the Basel III Endgame rule, think gold, the currency system is being restructured. The [DS] is pushing the boundaries, they pushing the information war into a physical war. Trump is leading the [DS] down the path so they push the insurrection. Another path Trump is leading the [DS] down is the war path, think about it, he changed the Department of Defense to the Department of War. Comey might be indicted because he lied to congress. Letitia James might also be indicted, start with the lesser crimes to begin the narrative. This is the start. [Comey] before [Declass].
Economy
Automakers are tapping the brakes on the EV revolution. Here are all the manufacturers rolling back their plans.
Carmakers are bracing for impact after the Trump administration gutted EV subsidies in the US.
Ford, Porsche, and Stellantis have all made strategy shifts, with Jeep and Ram scrapping new electric models.
Honda is the latest automaker to tap the brakes, ending production of the US-only Acura EV.
Automakers are pulling back from EVs
With the $7,500 tax credit for new, American-made electric vehicles ending on September 30, carmakers are bracing for impact.
Source: businessinsider.com
If there was true demand for these vehicle you don't need a 7500 tax credit. The reason the car manufactures are stopping production is because there is no demand from the people.
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https://twitter.com/KobeissiLetter/status/1970997908544561641
since 2022. Gold prices are now on track for their 6th consecutive weekly gain, the longest streak since February. Meanwhile, daily options volume of the largest silver ETF, $SLV, spiked to 1.2 million shares on Friday, the highest since April 2024. Precious metals are making history.
https://twitter.com/EricLDaugh/status/1971194003497549934
Fed's Bowman says regulators to unveil Basel capital rule redo by early 2026
The Federal Reserve's top regulatory official said Thursday that bank agencies are poised to unveil a more industry-friendly version of contentious capital rules known as "Basel III Endgame" by the end of 2025 or early 2026.
Source: reuters.com
The original proposal, advanced under the Biden administration in 2023, was scrapped earlier in 2025 amid fierce pushback from the banking industry, which argued it would impose unjustified hikes in capital requirements—potentially up to 20% or more for large banks—hampering lending and economic growth. Bowman, appointed under President Trump, described the redo as an effort to "rightsize" these requirements for larger banks, making regulations more effective and efficient without weakening safety standards.
Does This Affect Gold?
Yes, the Basel III Endgame revisions are broadly viewed as positive for gold, potentially boosting demand for physical gold as a reserve asset. Under the updated framework, physical gold is reclassified as a Tier 1 asset—equivalent to cash or U.S.