Gerald Celente Is En Fuego…
An Extinction Level Event is coming for the global financial system…
The Fed may be on the brink of losing control…
The closer the system comes to unraveling altogether, gold and silver remain attractive as a means of holding onto money with ready, liquid exchange value.
Trends forecaster Gerald Celente explains, “We now forecast Trump will win. First, we had Clinton. Trump is his own worst enemy… What’s going to determine the election, we believe, is the debates. These debates will determine it more than they did with Kennedy and Nixon. You are going to see viewer turnout on this break records, maybe even Super Bowl records. It’s going to come down to the debates…
The speculators trading the paper derivative is what is allowed to set price, and that is absolutely breaking everything. For my specific purposes, it is going to break the derivative paper pricing scheme, as well. We can’t wait for that to come because the price is not going to be discovered to be $1,360 per ounce at that point. I know how this is going to end…
I think they are finally reaching a tipping point… The death knell to the gold cartel is the lack of supply of silver to keep the price down. I think you are going to see the double top of $50 be taken out and go to at least $100 per ounce and maybe a lot more.
They know when they lose control of silver, and it gets to $21 (per ounce), it will be the end of their gold suppression scheme.
It will be a gradual process because the price of silver is going to go BONKERS…
Is the world headed for a “Mad Max” future? Financial writer Bill Holter says, “I think the chances are better than a coin flip that we have societal breakdown. People are not going to trade real eggs or real tomatoes for dollars. They will say I want something real for something real. That’s where your dollar collapses.”
On gold, the math is simple. Holter says, “The punchline to this is the system has never been risker and more leveraged than it is today. Yet, the price or the cost of insurance (gold and silver) has never been cheaper than it is today with the exception of late last year in October, November and December of 2015.”
How does it end? Holter says, “I have said many times that we are going to have a reset of the system. ALL currencies, ALL bonds, ALL interest rates, stocks, commodities, gold, silver, etc. This is a very, very dangerous time…”
“The key thing going forward is the banks trying to manage the gold price, and by managing price, they can manage sentiment. By managing sentiment, they hope to control physical demand because physical demand is what will break the banks. That’s how the whole circle fits together…”
How Close Are We to the “Panic of 2016”?
Gerald Celente says, “We are at the doorstep, and it’s ready to go…”
Trillions of dollars of currency are being moved or rushing towards the debt market that is squeezing bond yields to historic lows. We are making history in the United States for the second week in a row, and I am talking about the bond market.
Both gold and silver, since the beginning of this year, have taken off like rockets, and they are not going to stop. This environment is on the edge…
The crisis has reached a tipping point, and is about to unfold in a massive way.
Gold expert and author of “$10,000 Gold,” Nick Barisheff, says all markets are manipulated and fraudulent. Barisheff predicts, “This has been happening in all markets. When you have a manipulated market, at some point in time, you have a massive correction back to what would be the norm. It usually overshoots the norm. It’s like keeping a balloon under the water. Sooner or later, it’s going to pop.
Bo Polny predicts that people will catch what he calls “gold fever.” Polny explains, “The moment gold goes vertical, people are going to realize gold is money. Well, yeah, but actually it is insurance against paper money. When paper money fails, then your insurance policy pays out with money, gold money. So, it’s just that simple. . . . Gold is only an asset and insurance policy if you are holding it.”
From Greg Hunter:
What is the timing for the next financial calamity? “V” the “Guerilla Economist” warns, “My sources say 2017 is going to be monumental time they put on their calendar. I was also told by them this fall is looking pretty bad. In 2016, we will see a lot of events, and in 2017, this thing really comes apart…“
We exist, beyond any shadow of any doubt, in an environment of absolute fakery where nothing is real… from the prices of assets to what’s occurring here with regard to the big Wall Street banks, the Federal Reserve, interest rates and everything in between…
The system is so fragile that if the public senses even the smallest problem it could derail the entire thing:
From Greg Hunter:
“The next bottom will happen between now and this coming August…This is going to be Biblically bad… You are going to have a day where the Dow might drop 4,000 points… the next turn is going to be a crash low, and that’s supposed to come in the next few months. Being long in the market is crazy. We keep having lower highs…Being long in the market is extremely dangerous.
The reason for the crash will be because gold and silver will be exploding higher. That is going to create a huge derivative issue. That, then in turn, triggers the collapse and the meltdown of the stock market.”
From Greg Hunter:
The market keeps falling and the Fed can’t stop it. Gold is up something like $100 an ounce.
The price of gold is going to skyrocket, and it’s going to go up so much more than this because we are just getting started.
They are not going to do anything to rein in inflation because it’s impossible. Gold is going to sense this. It’s going to smell blood. You’ve got a lot of people who are shorting the gold market. They are going to get crushed.
From Greg Hunter:
Top trends forecaster Gerald Celente warns the global economy is tanking, but don’t expect central banks to go down without a fight.
By Greg Hunter, USAWatchdog:
Macroeconomic analyst Rob Kirby’s predictions of a downward spiraling economy are coming true.
Kirby contends that a collapse isn’t coming but is “already happening now.”
On physical gold and silver supplies, Kirby says, “Gold and silver are not as loved here as in the Asian countries. It’s relatively more plentiful here, but that can all change in a very short period of time. At some point, the available stocks in the West will disappear, and when they start to disappear, it will seem like a bolt of lightning coming out of the clear blue sky because they will be gone in no time.”
What is Kirby’s prediction for the price of gold and silver by the end of 2016? Kirby boldly says, “I think it could be many multiples of the price right now.”