Gerald Celente: Founder & Director of the Trends Research Institute – Gerald has had a long track record of making some of the most controversial, yet correct calls in terms of global trends and events. In fact, many consider Mr. Celente to be the top trends forecaster in the world. Gerald has been quoted and interviewed in media throughout the world such as KWN, CNBC, Fox, CBS, ABC, NBC, BBC, Time Magazine, The NY Times, The Wall Street Journal, Business Week, FT, U.S. News, World Report, The Economist, L.A. Times, Chicago Tribune, Washington Post and more.
Gold and Dollar Decoupling
Although U.S. Treasury markets and the dollar are currently being manipulated by the Federal
Reserve’s fiat purchasing of T-bonds, watching the Dollar index in comparison with gold can
give a good indication of when the final drop will occur. Over the past decade, the dollar has lost
around 40% of its value, while gold has increased 400% in value. Gold’s increase is due in very
large part to the devaluation of the Greenback, but it also indicates a surging international
interest in precious metals, especially in Asia. Traditionally, when the dollar decreases in value,
gold moves up, and when the dollar increases in value, gold falls. However, over the past four
months, there have been sporadic incidences in which gold’s price has increased even though the
dollar gained in value. These incidences have lasted only a day or two at a time, but they show
that gold is starting to move on its own accord, slowly decoupling from the dollar and even being
used as a competing form of currency in some places.
The Vietnamese Government, for instance, recently threatened to shut down all gold bullion
trade in the country by the end of March, because Vietnamese merchants and consumers are
abandoning their own inflated currency and using gold instead. The Vietnamese have also
stopped using American dollars, once considered a safe store of value.
Banking elites in Western nations have been short selling gold for decades in order to keep the
price down, and obstruct gold from becoming a competing alternative to the Dollar. Now, we are
beginning to see gold move despite banker manipulation. Just before the onset of a dollar
implosion, one should watch for gold to begin jumping steeply higher regardless of the behavior
of currency markets. Any reports that blocs of foreign nations are increasing the exchange of
U.S. Treasuries (beyond what they have done already) and buying large stores of gold would
also signal a dollar collapse. In the event that average Americans begin considering the use of
gold and silver in place of the dollar, as in Vietnam, you know the final downturn has begun.
Price Inflation of Oil
For a long time, oil has been traded on the world markets exclusively in U.S. Dollars. Oil and the
dollar are therefore intimately connected. Oil will be the first commodity to reveal any inflation
(or hyperinflation) in the dollar during a breakdown. Currently, oil is steadily gaining, now
hovering around $80 a barrel, or nearly $3 a gallon. Some in the MSM claim this is due to harsh
winter conditions around the world, while others say it is due to the weakness and distrust in the
Greenback. Not too long ago, oil prices were manipulated upwards by speculators to the tune of
$150 a barrel:
http://money.cnn.com/2008/07/24/markets/cftc/index.htm
Dollar Loses World Reserve Currency Status
An announcement by any foreign nation, especially those that hold large stores of U.S. debt, that
they will be dropping the dollar and trading in a different currency is a tremendous warning. The
dollar is a very weak currency. It’s only saving grace, the thread it hangs by, is the fact that it still
has world reserve status, meaning, it is a trade currency accepted by all nations. If BRIC nations,
or OPEC oil producers, were to announce that they will no longer trade goods using dollars,
expect an immediate tanking of our currency, along with treasury markets. Those that catch this
news as it starts will probably have a month or maybe two to get all their preparations in order
and distance themselves from any potential danger areas. Hyperinflation has the distinct ability
to bring out the worst in a society. People can handle a Dow collapse, or even deflation, but
when a currency is destroyed, all possible means of self-support are lost unless one was
prepared. Those who are not will lose the whole of their life savings in one fell swoop.
U.S. Treasury Dump
This is a little more difficult to track, simply because most foreign creditors do not want to
announce openly that they are dumping their U.S. Treasuries. Such incidences can cause war,
among other things. What can be tracked easily is the amount of treasuries being sold to other
countries. Currently, other nations have nearly frozen their investment in our debt:
http://marketticker. denninger.net/archives/173
0-TIC-Data-Confirms-Foreign-Appetite-Gone.html. The U.S. deficit for the fiscal year2009 came in at a record $1.42 trillion, more than triple the record set in 2008. The total national debt (according to the government) is now at a whopping $12 trillion and climbing! This debt cannot be sustained without a constant flow of money from other countries. If these countries stop purchasing our debt, then our Treasury will become insolvent. The country will be bankrupt. The Federal Reserve is currently trying to stave off this event by purchasing U.S. debt; basically legalized currency manipulation, much like paying off one credit card bill with yet another credit card. According to reports, the Fed now accounts for 91% of all U.S. debt purchases. This is a very bad sign:
http://www.zerohedge.com/article/ultimate-shell-game-federal-reserve-funds-us-deficit
Simultaneous Dow / Dollar Drop
Normally, when the Dow loses value and investors pull their savings out of stocks, they tend to
put those savings into dollar backed securities or treasuries as a “safe haven”. This causes the
value of the dollar to increase whenever the Dow falls, but the balancing act is beginning to
change. One clear indication of a collapse would be the simultaneous fall of the Dow and the
Dollar over a moderate period. This would denote a loss of safe haven status in the dollar as well
as uncertainty among investors in stocks. A double whammy like this could prove to be an alert
of impending disintegration.
Jobs and Housing
As we predicted recently, job loss which was hidden by the Labor Department in November is
now beginning to show in December. We expect that job loss numbers will begin to grow more
aggressive from this point on, as companies that hired temporary workers for the Christmas
season proceed with layoffs in February and March.
Real unemployment, counting the U-6 measurement, is around 20%. When this measurement
reaches between 25% and 30% (Great Depression levels), the country may be on the edge of
final collapse.
Also, watching the small and medium sized business sector will help in discovering when job
markets will completely tank. Small and medium businesses support around two thirds of all
U.S. jobs, but these companies are now in dire straits:
http://www.cnbc.com/id/34825943
http://finance.yahoo.com/news/Job-openings-drop-as-hiring-apf-2800514981.htmlx=0&sec=topStories&pos=8&asset=&ccode=
Most of these firms say they will be cutting even more jobs in 2010, not hiring.
Another important factor is the housing market and what are called “Option ARM Mortgages.”
ARM mortgages are basically what created the housing bubble in the first place, by offering
loans at artificially low interest rates which then increase after a set time period. Millions of
people have home payments based on ARM mortgages, and many of these contracts are about to
expire, meaning their payments will mushroom, and they will go bankrupt. California alone has
hundreds of thousands of homes with ARM mortgages ready to expire in the next year.
The Chinese Debt Bubble and the Great Panic of 2015 w/ Gerald Celente
GERALD CELENTE – The Great GLOBAL RESET Being CREATED By The ELITE
Hope for the best, but prepare for the worst.
This is a good motto to live by, despite how you think about things.
Individuals can still hope for the best (that things can and will eventually work out), but what
good is your prosperity going to do if you don’t have anything to eat or a safe place to hang out
for an extended period of time?
Why not prepare while you still can — when things are readily available and can still be
purchased at cheap prices? The coming hyper-inflation will make any such purchases beforehand
look very intelligent…
To prepare for the worst, you need a plan. Why are most people so against doing basic
preparations that could be the difference on how they survive — or whether they survive?
History shows time and again that those who prepare always fare better than those who did not.
Having a plan and being determined to act on that plan will always be the best way to handle any
contingencies, should they occur.
After disaster strikes, your mind is going to be racing around like a car on a race track. Preplanning
and having a written set of measures to take will make someone’s life go much
smoother when the SHTF.
Other useful resources:
Survival MD (Best Post Collapse First Aid Survival Guide Ever)
Backyard Innovator (A Self Sustaining Source Of Fresh Meat,Vegetables And Clean Drinking Water)
Blackout USA (EMP survival and preparedness)
Conquering the coming collapse (Financial advice and preparedness )
Liberty Generator (Build and make your own energy source)
Backyard Liberty (Easy and cheap DIY Aquaponic system to grow your organic and living food bank)
Bullet Proof Home (A Prepper’s Guide in Safeguarding a Home )
Family Self Defense (Best Self Defense Strategies For You And Your Family)
Sold Out After Crisis (Best 37 Items To Hoard For A Long Term Crisis)
Survive The End Days (Biggest Cover Up Of Our President)
Drought USA(Discover The Amazing Device That Turns Air Into Water)
SOURCE : prepperfortress