By The Right Scoop


It’s New Year’s Eve and everyone is planning to go out and celebrate. All the while, another economic collapse looms over the horizon of 2010, according to Gerald Celente. He has a perfect track record all the way back to the 80’s on predicting trends, and now he’s claiming that the economy is going to crash in 2010 under the weight of all the debt we’ve piled up and that a Great[er] Depression looms out even farther:

He’s been predicting a crash all along, and apparently he’s now honing in on 2010. Here’s a few more of his videos from earlier this year – you’ll see he is quite consistent.

Happy New Year!


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  • Fireplug52

    So if I am to believe what he said, then I and many of us need to hold on for a long and furious ride that is coming.

    And I am supposed to have confidence in the government in fixing things. I think not.

  • Fireplug52

    So if I am to believe what he said, then I and many of us need to hold on for a long and furious ride that is coming.

    And I am supposed to have confidence in the government in fixing things. I think not.

  • therightscoop

    The truth is back in 2007 our debt and unfunded liabilities were piling up well beyond what we could pay. And that was in 2007. I think given all the massive spending we have been doing since that point, that Celente can't be wrong on this one.

  • http://www.therightscoop.com/ therightscoop

    The truth is back in 2007 our debt and unfunded liabilities were piling up well beyond what we could pay. And that was in 2007. I think given all the massive spending we have been doing since that point, that Celente can't be wrong on this one.

  • GC is right

    Yes, you are to believe what Celente says, since his record, dating back to predicting the Collapse of the Soviet Union, Asian Currency Crisis and current economic crisis, and saying gold will reach $2,000 per ounce when it was $275 per ounce speaks for itself. And, No, you are not supposed to have confidence in the government fixing things, which is why Celente has also predicted that by 2012 we will have a revolution and/or a 3rd party take over. He predicted in 2008 that Obama would be a one term President, and that a new political party (progressive libertarian and fiscally coservative based) will take over. From the tea parties, we can see this trend in its infancy picking up speed.

  • GC is right

    Yes, you are to believe what Celente says, since his record, dating back to predicting the Collapse of the Soviet Union, Asian Currency Crisis and current economic crisis, and saying gold will reach $2,000 per ounce when it was $275 per ounce speaks for itself. And, No, you are not supposed to have confidence in the government fixing things, which is why Celente has also predicted that by 2012 we will have a revolution and/or a 3rd party take over. He predicted in 2008 that Obama would be a one term President, and that a new political party (progressive libertarian and fiscally coservative based) will take over. From the tea parties, we can see this trend in its infancy picking up speed.

  • someone concerned

    Ok GC, Since you are an expert in this field. What do you recommend for people to do? Should people invest in gold? Should people stockpile? Will money be worth anything? What are the practicals?
    Someone concerned

  • someone concerned

    Ok GC, Since you are an expert in this field. What do you recommend for people to do? Should people invest in gold? Should people stockpile? Will money be worth anything? What are the practicals?
    Someone concerned

  • gcisright

    Well, I certainly don't profess to be an expert, but if you are asking me what Gerald Celente recommends, he has indicated that you should invest heavily in gold (says it will go to $2,000 per ounce— but, this will most likely not result in increased purchasing power since all countries are attempting to debase their currencies simultaneously); have cash on hand in case of bank holidays; stay out of the stock market (which he says is a casino); have emergency supplies on hand because he expects food shortages; have an escape route from your current location to somewhere you think might be safer in case of a terroristic attack.

  • Guest

    Well, I certainly don't profess to be an expert, but if you are asking me what Gerald Celente recommends, he has indicated that you should invest heavily in gold (says it will go to $2,000 per ounce— but, this will most likely not result in increased purchasing power since all countries are attempting to debase their currencies simultaneously); have cash on hand in case of bank holidays; stay out of the stock market (which he says is a casino); have emergency supplies on hand because he expects food shortages; have an escape route from your current location to somewhere you think might be safer in case of a terroristic attack.