March 1, 2012
As optimistic as many mainstream financial pundits appear to be these days about the future of the U.S. and world economies, not everyone has bought into the mindset that the worst has already passed and recovery is on the way. Trends forecaster Gerald Celente and several other financial experts are predicting even worse turmoil ahead, including another stock market crash worse than the last one in ‘”"9, nationwide bank runs, and widespread social unrest, all to occur before ‘”’4.
In a recentUSA Todaypiece, Harry Dent, author of the bookThe Great Crash Ahead, Robert Prechter, author ofConquer the Crash, and Celente all shared their opinions on some of what lies ahead for Americans in the next two years. Despite differences in their advice to investors about how to approach the upcoming collapse, all three experts seem to agree that things do not look pretty, and that people need to be prepared for the worst.
“‘”” is when many of the long-simmering socioeconomic and political trends that we have been forecasting and tracking will climax,” wrote Celente in his recentTop ” Trends ‘””newsletter. “When the money stops flowing down to the man on the street, the blood starts flowing in the streets.”
Celente has long been a proponent of buying gold as a hedge against runaway inflation, which is a result of ongoing currency manipulation by the private and illegal Federal Reserve. The Federal Reserve, a central bank which serves the interests of private bankers, has utilized fiat currency to manipulate the American money supply, and create the many economic “booms” and “busts” that have occurred over the years.
“The only mandate of the Federal Reserve is to keep the bankers in power and the people underneath them,” said Celente during a recent interview withRussia Today. “They’re devaluing the dollar and enslaving the people” (http://www.youtube.com/watch?v=KXNqgk5XzA8).
When all is said and done, the ballooning crisis will ultimately culminate into World War III, which Celente and others have been predicting for years. This is why Celente also advocates storing food, firearms, and ammunition to protect your family from the terror that will result from widespread social unrest, which he believes will occur in the very near future.
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This article was posted: Thursday, March 1, 2012 at 3:52 am