Celente - Gold, Silver, War, Systemic Collapse & Social Unrest
With growing fears about the stability of the financial system, a looming war and a stampede of wealthy investors into hard assets, today King World News interviewed Gerald Celente, Founder of Trends Research and the man many consider to be the top trends forecaster in the world. Celente had this to say about an increased number of investors that have been crowding into gold and other hard assets: “The smart people are (buying gold) and more and more people are waking up to it. So the people that are going to survive and thrive are going to be the ones that are prepared, the ones that are going to see history before it happens and get ready for it and there are very few.”
Gerald Celente continues:
“As we know, they (central planners) are going to do everything they can to drive the price of gold. It’s not in their best interest for people to bail out of their worthless paper or digital money and buy something like silver and gold that’s a real tangible asset or even diamonds. That’s why you are seeing the price going up on that (diamonds) as well.
When you pick up the news and you read the FBI warned this past Monday that people who believe that going off the gold standard has bankrupted America are now considered anti-government extremists, you know there is a lot of worry out there about more people buying gold and not believing in the US government.
They want to do everything they can to drive fear into people, so they do not buy into gold and keep buying into worthless paper dollars. It’s a trend that I warned about. I’ve been saying over and over again, ‘Watch out, for some kind of Economic Martial Law, where it may become impossible for you to buy or sell gold.’ And it looks as though the government is moving in that direction.
Look at the Eurozone over there and the problems with Greece. Greece is one of the small countries in debt and they can’t come to a conclusion on that with all of their austerity measures....
“What has the ECB done? Well, since the end of December they’ve been pumping all of the money the banks need to buy their foreign bonds.
What are they doing in the United States? Printing presses haven’t stopped. That’s why you are hearing people like Warren Buffett saying, ‘As long as these interest rates stay down near zero, equity markets are going to remain strong because they are pumping all of this money in there.’ Yeah, no kidding.
What they are doing is devaluing our currency and they are devaluing all of the paper currencies. That’s why you are seeing uprisings around the world. They just overthrew the guy in Romania. That didn’t make the news. Why did they do it? It couldn’t be because of the austerity measures could it?
So I’m forecasting that gold prices will continue to rise. There are ups and downs, but in the long-term gold and silver continue to rise.”
Celente also added, “We are going to continue to see more social unrest and the six hundred pound gorilla, the Iran war. So what we believe is there is going to be some kind of geopolitical event that’s going to spin the world equity markets into a downward spiral.
The underlying cause (for this) is clearly an economic debacle that has been foisted upon us by the Federal Reserve and the central banks worldwide, by pumping worthless money into the system to keep the Ponzi scheme going.
It’s not only the Fed and the ECB that’s been doing it. China was doing it, since 2008, when they pumped in over 4.5 trillion yuan into their system. It’s all one big bubble and it’s ready to burst. It’s only a question of how long can they keep getting away with it.”
This is a timely and powerful interview with the man many consider to be the top trends forecaster in the world. The KWN interview with Gerald Celente is available now and you can listen to it by CLICKING HERE.
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