Gerald Celente: The Top 10 Mega Trends for 2019

What are the top trends for 2019? Peace, prosperity, or calamity? Gerald Celente from the Trends Forecast brings you his yearly analysis and breaks down what he sees coming for 2019.

For some reason, I think were in for a bumpy ride. Lets see.

- Source, Gerald Celente

Gerald Celente: US Entering Stage One Recession

U.S. Elections. Not a Word about Wars, not a Peep about Peace: Beware!

Gerald Celente: These Trends Will Impact Markets more than the Midterm Elections Did

As Warned Crypto's Are Crashing, But How Far to Go?

Geralde Celente: Is the Recent Market Bouncback a Fleeting Fade?

The United States is About to Enter the First Stages of Recession

Gerald Celente: Global Economic 9/11 Debt Bomb Ahead

Veteran trends forecaster, Gerald Celente of Trends Research Institute, speaks with SBTV about how the gold price performed from the 80's to today - the peak in 1980, why the gold price was flat in the 90's and what fueled gold in the 2000s. Gerald also gave a price forecast based on the current geopolitical and economic situation now and the trends he sees in the future.

- Source, SBTV

Economic 9/11: Gold, Guns and a Getaway Plan

Avoid Media False Flags, These Warning Signs Are Flashing Market Crash

New Trade Deal, No Big Deal. This will Make or Break the Markets

Gerald Celente: Markets On Course To Crash With Italy’s Problems

Destabilization around the world is showing signs with global currencies “collapsing,” said Gerald Celente, publisher of the Trends Journal. “It’s beyond Italy. 

It’s going on in all the emerging markets and the developed nations,” Celente told Kitco News. 

Celente said that the new Italian government is reflective of the broader anti-establishment sentiment in Europe, with Brexit being a leading example. “This could be the beginning of the end of the euro. If that happens, because of what’s going on in Italy, you’re going to see destabilization everywhere,” he said. 

On gold, Celente said that the yellow metal needs to hit at least $1,450 an ounce before upward momentum can be seen. “Gold has to break above $1,450 an ounce, and then at that time we see a spike to $2,000 and above,” he said.

- Source, Kitco News

Gerald Celente: Economic Meltdown Worse Than Great Depression Coming

Renowned trends researcher Gerald Celente is making a big change to his 2018-2019 economic forecast. 

What is the timeline for this coming market meltdown? Celente says, “The timeline is tough, but look all you need is one major failure or one major hedge fund pulling out because that’s who is running the show. You look at the number of stocks that have declined.

 Look at the big hedge funds and the private equity groups that are running this, and look at their debt level. 

It does not take a genius to figure this out. If you have $250 trillion worth of (global) debt and interest rates are going up, and it’s costing you more to borrow as you are making less, what is going to happen? It’s going to collapse.

You’ve got to pay more on your debt, and your debt is ballooning. Of course, it’s going to crash. It’s a Ponzi scheme.

It’s going to be worse than the Great Depression. When this thing crashes, it is gone.” 

Celente says you should have is physical gold, but don’t wait too long to buy it. Celente says, “There is going to be a spike to the $2,000 per ounce mark when it gets past $1,450. It won’t be a gradual increase.”

- Source, USA Watchdog

Currencies Crashing Around the Globe

Gerald Celente stopped by today to discuss the rising tide of currency collapses. It seems that just about everywhere you look there's a country who's currency is on the skids. 

Iran, Venezuela, Argentina, Russia and the list goes on. No surprises here, just more fallout from the ultimate failed US Dollar short. 

Where it stops nobody knows, but there's a lot more turmoil ahead. And don't forget about major internet censorship kicking in. First they came for Alex Jones...

- Source, FSN Gold and Silver

Emerging Market Crisis Contagious? Yes. Follow the Trends

Gerald Celente: The Fed and Trump To Ignite Economic Turmoil

Gerald Celente: Economic Terror Strikes to Sink Markets

GoldSeek Radio: Gerald Celente and Bill Murphy

GoldSeek Radio's Chris Waltzek talks to Gerald Celente and to Bill Murphy of the Gold Anti-Trust Action Committee and La Metropole Cafe.

- Source, Gold Seek Radio

Are Some Central Banks Dumping Their Gold?

Gold prices fell more than $17 on the day, and while central banks may have played a role in its selloff, the bigger driver is the strong U.S. dollar, fueled by rising interest rates, said Gerald Celente, publisher of the Trends Journal. 

“What brought gold down? Well, obviously, rising interest rates, that’s no surprise, the higher the interest rates go, the stronger the dollar gets, the opportunity cost for gold rises,” Celente told Kitco News. 

Another side-effect of a strong U.S. dollar, according to Celente, is the rapid depreciation of emerging markets currencies, like the Turkish lira.

- Source, Kitco News

Market Peak? Gold Bottom? Here's the Trend

Gerald Celente: Economic Terror Strikes to Sink Markets

Gerald Celente: No Time For Peace

Gerald Celente: Why You Still Need Guns, Gold, and a Getaway Plan...

Coming up the one and only Gerald Celente joins me as we discuss the relevance of still having guns, gold and a getaway plan. 

Gerald also tells us what he’s watching most closely on the geopolitical landscape that could have a major impact on the markets and possibly trigger the next economic crisis. 

Don’t miss another sensational interview with perhaps the most well-known trends forecaster in the world, Gerald Celente.

- Source, Money Metals Exchange

Where are Markets heading? Follow Gold, Oil and the Dollar

Your New Trends Journal: 2018 Top Trends Mid Year Review

Geralde Celente explores how 2018 has unfolded thus far and updates some of his critical trends for this year and moving forward. Are thing getting better, worse, or trending sideways?

- Source, Gerald Celente

Gerald Celente's 2018 prediction: Bricks and mortar retail resurgence

Gerald Celente, trends forecaster and publisher of Trends Journal, explains why one of his forecasts for 2018 will be a resurgence in bricks and mortar retailers.

- Source, BNN

1 oz Credit Suisse Gold Bar In Assay .9999 Fine

New Trump Bump? Or Will Tariffs and Trade Wars Sink Markets?

Gerald Celente discusses the ongoing booming market and how much more energy it might have? Will the recently sparked trades wars sink the markets, or are we looking at a new golden age under President Trump?

- Video Source, Gerald Celente

5 Gram Pamp Suisse .9999 Fine Gold Bar Fortuna Veriscan

Gerald Celente: Trade Wars Won’t Sink Markets, This Will!

$5 Face Value Lot Of Old US Minted Mixed Silver Coins!

Gerald Celente - Middle East War: Be Prepared

Gerald Celente: Currency Crashes Coming. Why, When and What to Do

Gerald Celente: The Trump War will Crash the Markets

Gerald Celente: The Cocaine High Continues But Here Is The Great Danger

Yes, corporate earnings are strong, but what’s driving the markets is more of the same fuel that’s been juicing them since their recovery from the Panic of ’08: Cheap and abundant money supply is feeding the overvalued markets with price/earning multiples rarely seen in the past century.

And corporations, thanks to President Trump’s generous tax breaks, which lowered rates from 35 percent to 21 percent, have put them on-trend to inject over $2.5 trillion into buybacks, dividends, and mergers and acquisition activity.

With the $1.5 trillion tax break and Trump’s reform plan that enabled corporations to repatriate some $3.5 trillion in overseas money, it is estimated they will invest some $1 trillion into stock buybacks and $1.3 trillion in M&A’s.

According to UBS, stock buybacks are up 83 percent year to date, while U.S corporate M&A activity surged 130 percent, accounting for some 40 percent in market performance this year.

BIGGER THAN BUYBACKS

While the U.S. markets are rolling along, global growth is slowing down. For example, global manufacturing fell to a nine-month low in May and the closely watched Baltic Dry Index, which measures shipping costs, fell 22 percent in May.

Also putting pressure on global growth is the strong dollar that is already impacting Emerging Markets that are deep in dollar debt and heavy in trade deficits.

Even though new anti-establishment/anti-Eurozone coalition parties just took power in Italy, the euro gained modest strength since Tuesday on news the ECB will discuss winding down its €2.4 trillion Quantitative Easing program by year’s end and raise interest rates by the middle of next year.

However, considering Europe’s weakening economies,concerns of the impact of the strengthening dollar and escalating anti-Eurozone sentiments in Italy, ECB measures remain questionable.

Also, in the UK, the fifth largest economy in the world, with economic growth collapsing to just 0.1 percent in the first quarter of 2018, plans for the Bank of England to raise its key interest rates from it paltry 0.50 percent next year is uncertain.

- Source, King World News

Trends In The News: Markets Peaked US Promoting Iran War

Middle East War: Be Prepared

Gerald Celente: The Dollar, Gold, and War

Gerald Celente: Middle East Wars Will Crash Markets

Crash Coming? Is the End Near? Here's the Trend!

A Market Crash On The Scale Of 2008 Is Looming; Buy Safe Havens

Equity markets are overvalued and overleveraged, and a crash on the scale of the last recession could be on the horizon, said Gerald Celente, publisher of the Trends Journal. 

Celente told Kitco News that one possible trigger for such a crash could be an escalating war in the Middle East. “If we have a war that involves Iran, kiss the markets goodbye,” he said. 

Celente added that in such a scenario, oil prices could spike to $150 a barrel. On economic growth, the economic forecaster said that growth in the U.S., particularly when it comes to retail sales, is not as strong as it could be. 

Celente said that given the myriad of risks for investors, now would be an ideal time to buy gold. “I believe that there is no greater safe haven right now than gold,” he said.

- Source, Kitco News

Gerald Celente: Democracy? Grow up!

Market Bounce or Market Bust? Our Forecast

Market Danger Ahead. The "Golden Moment."

Your New Trends Monthly: History Before it Happen

Gerald Celente: Bear Market Recession Trigger

Market Danger Ahead. The Golden Moment

Gold Silver Radio: Gerald Celente and the Hidden Golden Nuggets

Gerald Celente: Bear Market Recession Trigger

Is a massive recession coming? Are we now seeing the first of many triggers coming that could send us into a renewed bear market? Gerald Celente discusses.

- Video Source

Gerald Celente: Got a Problem? Blame the Russians

Gerald Celente breaks down the news of the day and laughs about how out of control our politics in the West have become. Have a problem, any problem? Blame the Russians.
- Video Source

Gerald Celente Just Issued This Major Trend Forecast For Gold & Stocks

The Trends Journal was first to forecast the Trump Rally after Donald Trump won the race for the White House in November 2016. And, this past December, with equities prices soaring, we were the first to predict a 10-percent market correction in 2018.

We now forecast that the turbulence hitting Wall Street and rattling equity markets worldwide, signals the beginning of the end of the Trump Rally. Stock prices may go higher, but the long-term trend lines are heading lower…

Yes, with the massive spending bill just passed by Washington at a time when the economy is solid and stimulus is not needed – coupled with President Trump’s bountiful tax breaks to corporations, whose earnings are already robust – there will be more money to gamble in the markets.

Further, Trump’s generous tax plan, which also allows corporations to repatriate cash stored in overseas banks, will empower companies to buy-back their own stocks, thus stabilizing, and even pushing markets higher.

However, with price-earnings ratios near the high end of their ranges by historical standards, and markets highly overleveraged with Exchange-Traded-Funds and money flowing out of managed funds and into index funds, the gambling fever that drove the Dow up 45 percent since the Trump election is not sustainable.

Indeed, so over-valued and over-leveraged are the markets, that all it took to send global equities into a tailspin recently was the slightest whisper of rising inflation and higher interest rates following a somewhat favorable US jobs report.

And now, with the latest US Consumer Price Index rising more than expected, those higher inflation/higher interest rate fears, i.e. less cheap money to juice the markets, stocks will trend lower.

- Source, Gerald Celente via King World News

Gerald Celente: Gold and Silver Spiking, Could Make the Markets Panic

Absent a wild card/black swan event, there is not a confluence of multiple factors at this time to signal an impending market crash. However, with markets over-valued and way over-leveraged, threats of a 20-percent, bear market correction increase.

What’s next? Watch gold. The ultimate safe-haven asset in times of economic and geopolitical turmoil. Prices should have spiked in response to the recent massive Wall Street sell-off. Instead, prices declined because rising interest rates make non-yielding gold less attractive.

Now, gold prices are edging higher. Should prices suddenly spike and stabilize above the $1,450 range, it will signal serious stock market panic that will override rising interest rate concerns, driving gold prices higher by several hundred dollars.

- Source, King World News

TREND ALERT! What in the World is going on?

- Video Source, Gerald Celente

As Celente forecast. Iran War. A Top Trend for 2018

Gerald Celente talks about one of his most dire and top predictions that he unfortunately sees unfolding throughout 2018. A war in Iran. Can it be stopped before it is too late?

- Video Source

Ron Paul and Gerald Celente Breakdown 2018

World-renowned trends forecaster Gerald Celente joins today's Liberty Report to give us the scoop on what he is expecting on the economic and foreign policy front for 2018. War? Economic collapse? Peace? Prosperity?

- Source, Ron Paul

Gerald Celente: Crypto Crisis Coming? Market Sell-Off Near?

Gerald Celente discusses the recent action in the crypto markets and just how unstable they have become. In addition to this, he points out the bubble forming in the broader stock market, a bubble that if popped could bring the entire system crashing down.

- Video Source

Gerald Celente: The World Is Going Cashless

A new paradigm shift in support of cryptocurrencies means the world is going digital, says Gerald Celente, publisher of the Trends Journal. In an interview with Kitco News, Celente said that digital currencies like bitcoin will continue to gain popularity because people have lost faith in fiat currencies. 

“It’s a populist generation’s gold,” Celente said, referring to cryptocurrencies, “when the next financial crisis comes, you’re going to see people going into safe-haven assets; they’re going to go into gold and they’re going to go into bitcoin.” 

Speaking on gold, Celente said that momentum behind the yellow metal is dependent on the dollar’s strength. “We see gold becoming bullish when it breaks over $1,400 [an ounce] and the mid-$1,400’s, which it hasn’t done in years, so it’s still in that trading range,” he said, “we don’t see a big downside risk in gold.”

- Source, Kitco News

Cryptos, China, Middle East, and Fake News

Gerald Celente talks about Bitcoin, the flaring hostilities in the Middle East that are erupting and the constant stream of fake news being emitted by the Mainstream Media on the Howe Street podcast.

- Video Source

Gerald Celente: Bitcoin Bounces and a Declaration of War!

The recent action witnessed in Bitcoin throughout 2017 was truly mind blowing, but what lies in store for the cryptocurrency heading into 2018?

Also, Gerald Celente talks about the recent war of words that have erupted between Global Powers. Could a war erupt at any moment?

- Video Source

Gerald Celente: The Top Ten Trends for 2018

Gerald Celente is one of the top Trends Forecasters in the world, if not the top. He breaks down the top ten trends that he sees unfolding in 2018. These trends can either make or break you, depending on what side of the trade you are on. 

One thing is for certain. 2018 isn't going to be a boring ride. Get ready.

- Video Source

2017 Has Been The Best Year For The Stock Market Ever

We have never seen a better year for stocks in all of U.S. history. Just five days after Donald Trump entered the White House, the Dow Jones Industrial Average hit the 20,000 mark for the first time ever. On Monday, the Dow closed at 24,792.20, and there doesn’t seem to be any end to the rally in sight. Overall, the Dow Jones Industrial Average is up more than 5,000 points so far in 2017, and that absolutely shatters all of the old records. Previously, the most that the Dow had risen in a single year was 3,472 points in 2013.

Yes, I know that it may seem odd for a website that continually chronicles our ongoing “economic collapse” to be talking about a boom in stock market prices. But of course there has not been a corresponding economic boom to match the rise in stock prices. This artificial stock market bubble has been created by unprecedented central bank intervention, and every previous stock market bubble in our history has ended with a horrible crash.

But for the moment, it is certainly appropriate to be in awe of what has transpired in the financial markets in 2017. Never before have we seen the Dow close at a record high 70 times in a single year, and we still have almost two weeks to go.

Stocks have risen every single month in 2017, and that is the very first time that has ever happened as well. No matter how much bad news has come out, stock prices have just kept climbing and climbing and climbing.

Since Donald Trump’s surprise election victory last November, the Dow is up a whopping 34 percent.

34 percent!

Wall Street has never seen better times than this. Overall, U.S. stockholders have seen more than 5 trillion dollars in paper gains since Trump was elected, and this has created a real estate boom in some of the wealthier areas of the nation.

Of course markets go down a lot faster than they go up, and that 5 trillion dollars in paper gains could be wiped out very rapidly in the event of a major disaster, but for the moment investors are absolutely thrilled with what has been happening.

Of course there are red flags all over the place, but not too many people are even paying attention at this point. Right now the S&P 500 is the most overbought that it has been since 1958, and earlier today a CNBC article declared that U.S. stocks are “very, very overbought”, but this will probably just encourage people to buy even more.

These days, if stocks are up that is a signal to buy, and if stocks are down that is a signal to buy.

Of course we witnessed similar euphoria just before the dotcom bubble burst and just before the financial crisis of 2008, but most Americans have extremely short memories.

For most of us, those crashes might as well be ancient history.

But just like in each of those cases, market euphoria tends to hit a peak before things completely fall apart. Bill Stone, the chief investment strategist for PNC Asset Management Group, recently made this point very succinctly…


“It is going to get to a point where it can’t get any better anymore,” he said. “In the market it’s always brightest before it gets dark.”

Others are being even more blunt. For example, trends forecaster Gerald Celente is convinced that “equity markets around the world are going to crash” in 2018…


“Yes. Everyone knows that the markets are overvalued. The Schiller PE ratios rival those of the pre-1929 stock market crash and the Dot-Com bubble…The Black Swan Event: When war breaks out in the Middle East, the equity markets around the world are going to crash. The Black Swan that is going to create ‘Market Shock’ is going to be an outbreak of war in the Middle East. And when that happens, you are going to see gold and silver skyrocket. That’s our forecast for one of the top 10 trends of 2018.”

Personally, I never believed that the stock market bubble could ever be inflated to such absurd proportions, and so I am just in awe at what is taking place on Wall Street.

Since the last financial crisis our national debt has doubled, corporate debt has doubled, U.S. consumers are now 13 trillion dollars in debt, our economic infrastructure continues to be gutted, more than 40 million Americans are living in poverty and our financial institutions are being more reckless than at any other point in our entire history.

But for the moment, it is working. We have been on the greatest debt binge in world history since the end of the last recession, and most people seem to believe that the debt-fueled standard of living that we are currently enjoying is somehow going to be sustainable.

Nothing about our long-term economic outlook has fundamentally changed. Just because the authorities were able to extend this bubble for a little while longer does not mean that we are going to get to escape the consequences of decades of incredibly foolish decisions.

We just keep on mortgaging the future, but the funny thing about the future is that eventually it shows up.

And when our day of reckoning finally does arrive, the pain that it is going to cause is going to be absolutely off the charts.

- Source, Investing.com

Middle East Wild Cards Could Bring Down Markets, Drive Up Gold

Mike Gleason: It is my privilege now to welcome Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is perhaps the most well-known trends forecaster in the world and it's always great to have him on with us.

Gerald, thanks for taking the time and welcome back.

Gerald Celente: Thanks for having me on.

Mike Gleason: Well, Gerald, to start off here, we still have the equities markets ripping and roaring and there is seemingly no news that can derail the train. So, as we head into the end of the year, what does your forecast show for the crowd on Wall Street? Is the party going to end anytime soon?

Gerald Celente: Well, as they go through with this tax deal, it's just going to bring more money to the bigger corporations and you saw what the corporations have done with the profits from the past, what do they do with them? They reinvested them into the stock market rather than building their companies and investing in capital improvements.

So, giving them more money will give them more stock buybacks. The more stock buybacks, the higher the market goes. I mean that's the reality of it. So, if the tax breaks go through the way they're being planned, we're going to see more stock buybacks, more cheap money to reinvest back into the markets.

Again, we're looking at a very small segment of the population that's really playing the markets. For example, only 10% of Americans are in the markets at the range that makes any difference, so that 10%, for example, that's playing, they have about in equity about $350,000 (on average). The rest of society that has money into it, the so called middle class, of those that have any money in it, and again the 10% own over 90%. For the rest of the society, they only have about $15,000 in equity.

So, the markets are just going to keep going up if the cheap money keeps existing. Again, that's going to also see what happens when they raise interest rates, which are about a 99% sure shot now, later in December. And if the cheap money flows stop, then the markets stop. It's as simple as that, but we don't think a 25-basis point increase is going to have much of an impact.

Mike Gleason: Clearly the world has a problem with crooked bankers and corrupt politicians. We talked about this a bit when we had you on back in August. The two aren't unrelated, of course. Bankers and politicians have a very long and dark history of collusion.

On one hand, if history is a guide, there isn't much reason to expect anyone will be held to account for their crimes. "They are too big to jail," as former Attorney General Eric Holder might say. On the other hand, we can't help but be a little bit hopeful. It looks to us like some of these crimes, such as the Uranium One deal, are getting harder to ignore.

What do you make of the recent news? Are you feeling any more optimistic about some of these crooks actually going to prison?

Gerald Celente: No, quite the opposite. Look at the new Fed chair that's coming in. He's already saying that the banking regulations in place now are too tough and tough enough. So, if under the current regulations nobody went to jail and they soften them, they could steal more, and get fined, and also accused of less crimes.

So, no, it's going in the opposite direction. Under the new administration, they're not draining the swamp, they're just filling the swamp with different swamp creatures. I mean look at the Trump White House. Who's running it? Mnuchin and Cohn on the financial end and those are both Goldman Sachs guys. It's just more of the same.

Mike Gleason: The rise of cryptocurrencies, Bitcoin in particular, is making waves in the precious metals markets. Some of the demand for gold and silver has been diverted to Bitcoin. People see it as another form of honest money and there is plenty of excitement over the huge price gains. Lots of people are wondering what the rise of Bitcoin might mean for precious metals over the longer term.

Now, our take is that Bitcoin offer hope as honest money and we are certainly fans of anything that can circumvent central bankers. Gold and silver, on the other hand, are proven stores of value with a track record extending back thousands of years and they are totally off the grid. Physical metals work with or without electricity or an internet connection and they can be used without leaving digital tracks behind.

What are your thoughts on the relationship between Bitcoin and bullion?

Gerald Celente: Well, we've been writing a lot about it now in our Trends Journal. One of the points that we keep making is that we see this isn't a fad, it's a trend in the cryptocurrency world, but the volatility's going to be enormous.

Again, when you look at volatility in gold ... I remember, back in 1980, I bought gold in the highest point of the trading day at $875 an ounce and then it went down from there. It was down for, what, almost 20 years.

So that's the kind of thing you're going to see in cryptocurrencies, as well. You're going to see great volatility. They're not going to go anywhere, but in looking at it, you see what happens when there's geopolitical unrest. For example, you saw what happened in Zimbabwe, when they were getting rid of Mugabe, who had been running the joint since 1980. All of a sudden, Bitcoin over there spiked.

So, you're going to see that kind of thing, but, again, there's definitely playing a role as another safe haven asset of sorts, relative to gold and silver, but the volatility aspects in the crypto world are far higher and far greater than any of the precious metals. Also, in the cryptocurrencies, or what we call "Millennials' Gold."

My generation was gold, this generation, they're looking more at digital. It's a digital world. You're in China, you don't pay anything with cash or credit cards, it's an app. So, it's a different world.

However, saying all that, again, the big point is, you're going to see a lot of the cryptos come and go. There'll be some for the long term. The volatility will be enormous, but we don't see them going away in the long term. And when you look, again, at particularly gold, the central banks around the world are buying it up in much greater proportions now, although the public is buying less physical gold.

So, the demand for physical gold among the central banks, particularly Russia, China, will continue. And the crypto markets will have their place, but again, the volatility's real, something we've been forecasting for quite some time and you can see it in the numbers.

Mike Gleason: One of the potential drivers for Bitcoin prices moving forward... it looks like the CME Group, the people behind the COMEX Exchange will soon launch a futures contract for Bitcoin. Lots of people in the crypto space are excited that the market will be opened up to "institutional money" and expect additional demand will be good for the Bitcoin price.

That might be true, but we have a dim view of the COMEX and how crooked the markets for gold and silver have become. According to the recent WikiLeaks memo, they showed evidence that gold futures were first launched in the early 1970's to help to rig the gold price, trade volatility, and discourage ownership for physical gold. 40 years later, we can look back and see precious metals futures worked exactly as intended.

In light of that and in light of this news now, what are we going to see a Bitcoin future exchange mean and can you comment about whether this will be good news or bad news for the cryptos?

Gerald Celente: Well, you summed it up. You're going to see a lot more volatility. Again, I remember, going back to 1980 with the volatility of the gold markets and how also, though, and this is very important. Because of the futures trading, that's what really drove the prices up.

What we expect to see is that you're going to see a real surge and a price drive, higher, but you're also going to see a greater downward collapse of the prices as well. Again, you see it with the futures contracts in many different fields, naked shorts, all of a sudden, the whole market changes in a flash.

So, it can be very easily manipulated by bigger players. And again, with cryptos, it's a bit more difficult considering how difficult it is to buy them, the periods of time you have to wait in order for you to buy them, so it's going to be a little harder to manipulate, but they'll figure a way how to do it.

So, expect, when the CME futures happen, and also other futures exchanges opening around the world, much more volatility. So, what we see is a real spike up and a real sharper spike down.

Mike Gleason: Getting back to the Fed a little bit here. Jerome Powell was recently tapped to replace Janet Yellen as Fed chair, as you mentioned earlier. Powell looks like another garden variety central planner to us. He's an attorney with decades of experience spread across Wall Street to Washington D.C. Obama installed him on the Board of Governors at the Fed in 2012.

Give us a little bit more about what your take is on Powell and can we expect any difference happening with the monetary policy?

Gerald Celente: Well, again, Powell has already made clear that the bank regulations are too difficult already for the banksters. So, what that means is that the bigger banks will have less regulation, more trading opportunities.

Again, who made up this thing that banks are supposed to be investment banks. Banks were there just as commercial banks. When I was a kid growing up, banking was boring. Banks used to open up at like 10:00 in the morning and be closed by 3:00. I mean, really. I know it sounds like ancient history, and it is when you get older, but there was no such thing as an investment bank.

So, what he's going to do is the that the bigs are going to be bigger, more manipulation in the system, and again, he is a proponent, he says, of raising interest rates. However, we don't see them going up that high. And as long as interest rates remain low, the Ponzi scheme on Wall Street continues.

I mean, there's only one factor that's driven the markets. It's cheap money. Period. Paragraph. The rich have gotten richer and everybody else has gotten poorer. Those are the facts. Median household income in the United States is below 1999 levels.

Do you realize you have five people in the world, five people, that have more money than 3.5 billion people, half the world's population? Same thing in the United States. Buffett, Gates, and Bezos. Three people have more money than half of the American population combined.

So, Powell is just one of the white shoe boys. He's going to keep the club going and it's going to go in the same direction it was going before. Again, the bubble can happen because it is a bubble and it's only being pumped up by this monetary methadone. That's all it is. It's a fix.

There's wild cards that would change this in a flash. And the wild cards, for example, could be what's going on in the Middle East, with the new crown prince over there in Saudi Arabia saying that Lebanon and Iran have declared war against Saudi Arabia, which they never have. And you know how he became a crown prince, don't you, that everybody's bowing down to? You must remember when you were a kid. A princess kissed a frog and the frog became a prince and then a king.

I mean, who's making this garbage up? Crown prince. Give me a break, man. They just made the Saudi government up in about 1934. It's an oligarchy. It's one of the most repressed nations on earth and they're starting wars. They've slaughtered over 10,000 Yemenis. 50,000 Yemeni children are going to die this year because of the war conditions started by Saudi Arabia, supported by the United States. We just sold them another $7 billion worth of armaments.

Again, now that the Arab League, minus Syria, Qatar, and Iran, and Iraq, are declaring a new Arab NATO and a war against terrorism. A war against terrorism? Hey, it's the Saudis that gave the money to Al Qaeda and ISIS to overthrown Qaddafi in Libya and Assad in Syria.

But, again, the presstitute news doesn't bring these facts out. Going back to gold, gold is the ultimate safe haven in times of geopolitical economic instability. And geopolitical and economic instability in the Middle East could bring down the markets and drive up gold prices.

Remember, Saudi Arabia needs oil at $100 a barrel for its economy to break even, to balance its budget. We were playing with $40, $50, now $60 oil since 2014. They're in great financial straits. You look at the numbers, man. Anybody. All they have to do is look at them. Look at the oil revenue coming in from 2006 to Saudi Arabia to 2017 and it's lower now in 2017 than it was even back in 2006.

Going back to gold. Our forecast of gold has been steady since 2013. November 2013, we said, "Gold prices have to stabilize over the mid $1,400's." $1,450, $1,480, $1,460, $1,470. Then it would spike to $2,000. Absent that, we saw a downside risk of gold at around $1,150. Saying this constantly. We maintained that forecast.

We see gold coming under more pressure even though we see interest rates coming up and most people are expecting it. There's an opportunity cost for holding gold. Bond yields go higher, become more attractive, gold less attractive.

However, in this time of economic and geopolitical uncertainty, we still maintain that gold is the ultimate safe-haven asset in this geopolitical and economic climate.

Mike Gleason: Well, finally, as we begin to close here, Gerald, anything else that you're focusing on as we head towards the final month of 2017 and start looking at 2018? What's on the horizon and what are you watching most closely?

Gerald Celente: What we're watching most closely, really, is the events in the Middle East. People are talking a lot about North Korea. We're not so concerned about that, because if the United States does anything to North Korea, in terms of war - and by the way, again, we're getting a one-sided story. The United States keeps launching these massive military maneuvers. Matter of fact, there's going to be a new one in December with about 16,000 U.S. troops, hundreds of aircraft, and also naval forces on their shores.

So, the United States is provoking North Korea and North Korea's made it very clear they're not going to give up a nuclear weapon because they saw what the United States did to Qaddafi and Hussein when they gave up their nuclear capability.

What we're saying is that North Korea's not on our radar as being the hot spot that could explode, because if the United States launches war against North Korea, say goodbye to South Korea. What do you got? 24 million people living in Seoul, Korea, about 35 miles away from the North Korean border? Say goodbye to Japan. It's not going to happen.

Again, (North Korea) that's a country, by the way, with a GDP smaller than West Virginia's and a population the size of Texas. They don't have the wherewithal to withstand the long war, so what they'll do is, they'll go all out and destroy anything anywhere near them.

Again, while the focus is on North Korea and everybody's pumping up this king over there, or the crown prince, excuse me, who's really the de facto leader at 32 years old, in Saudi Arabia, as the new enlightened guy over in the region, we see just the opposite. So that's where our focus is really on, very heavily now.

And looking at the real news and really reading through and sifting through the propaganda that's being sold by their government, our government, and other governments, and repeated by the presstitute media, those reporters that cut paid to put out by their corporate Johns and their Washington whoremasters.

Mike Gleason: Well, thanks so much for your time again today and we appreciate it, as always, and love getting your candid and unfiltered comments on the state of things. Now, before we let you go, please tell listeners how they can get their hands on the Trends Journal and the other great information that you put out there on a regular basis at the Trend Research Institute.

Gerald Celente: Well, the new Trends Journal will be out this week. You could got to TrendsResearch.com or TrendsJournal.com. And not only do we put out the Trends Journal, we do Trends in the News Broadcast, we have Trends Monthly, Trend Alerts each week. Money back guarantee, the only place you'll read history before it happens.

Mike Gleason: Well, thanks again, Mr. Celente, for being so generous with your time, as always. Have a great weekend and we'll look forward to our next conversation. Take care.

Gerald Celente: Thank you for having me on and thank you for all that you do.

Mike Gleason: Well, that will do it for this week. Our sincere thanks, again, to Gerald Celente, publisher of the renowned Trends Journal. For more information, the website again is TrendsResearch.com. Be sure to check that out.

- Source, MIYANVILLE