(Trends&ForecastsBlog) – Gerald Celente believes that the stock market will crash before the end of 2010 , gold will soar. When gold was at $275 per ounce in 2002, Celente said the price had bottomed and in 2004 forecast the beginning of the “Gold Bull Run.” Since that time, with pinpoint accuracy, he said when, why – and how high – gold would go. Gerald Celente sees huge opportunities in green healthy food , technology for the poor and in rejuvenating the cities with quality architecture…, Gerald Celente as always recommends gold Canadian dollar the Swiss franc as hedges against the inflation. Continue reading
(Rense) – 2010 has thundered past the half way mark and is galloping into history. What will the rest of the year hold?
Most of the “Top Ten Trends for 2010” forecast by Gerald Celente this past winter in the Trends Journal® have either come to pass or are about to manifest. Celente predicted:
The Afghan surge would fail.
The economic recovery would never materialize.
Terrorist threats would increase.
Tea parties would gain strong momentum.
Obama’s popularity would wane and/or plummet.
Anti-Immigration sentiments would intensify.
In 2009, “experts” rejoiced at the sight of the impending recovery’s “green shoots” and predicted the advent of a roaring bull stock market run.
Bull market or BS? Celente called the green shoots a mirage and recovery “a cover up.” Sure enough, the Dow is now trading at 1999 levels. He also wrote “Geopolitical and sociological fallout will threaten the entire European Union” and he forecast the “Crash of 2010.”
Will the “Crash” happen at all? Will it happen on schedule? Events conspiring in that direction are explored in detail in the Summer Trends Journal®, just sent to subscribers. Continue reading
(YahooFinance) – Famed investor Jim Rogers is “quite sure gold will go over $2000 per ounce during this bull market.” Continue reading
The nationwide revelry surrounding our apparent economic recovery was disrupted this week by the release of lower-than-expected retail sales data. However, rather than sending a chill up the spines of those hoping for a quick end to the downturn, the numbers should be welcomed. Though this may come as a surprise to most observers, lower retail sales are precisely what our economy needs. Continue reading
The Federal Reserve appears to be increasingly nervous about the long term bond market. This is serious. How panicked are they? After leaking a story on Friday, they are back at it on Sunday. Continue reading