Saturday, March 31, 2018

Gerald Celente: Gold Will Hit a Bitcoin High


Renowned trends forecaster Gerald Celente predicts China will make big headlines in 2018. Celente points out, “China is not using petro-dollars. They are buying Russian oil, their biggest supplier, with yuan. You can cash in the yuan for gold. It’s the same with Iran and with Saudi Arabia. 

This is another reason that China is going to go further. You can start bringing your dollars to Walmart in a wheelbarrow because that’s what they will be worth. . . . What kept the dollar alive as the world reserve currency is that all the oil being traded is being bought in dollars. 

If you are paying for oil in other currencies . . . the Federal Reserve can’t keep printing up all the money that they want. They won’t have it out there as a reserve currency. You will see inflation skyrocket in this country, and gold will hit like a Bitcoin high. We believe it’s starting to happen.

- Source, USA Watchdog