The Right Scoop
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.
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.
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
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
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.
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.
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.
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.
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.
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.
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