Gerald Celente: More Cheap Money, More Debt, More War Coming

Stocks, Gold, Real Estate, and the Coming Collapse with Gerald Celente

The Reserve Primary Fund money market fund that broke the buck in 2008, causing a run on money market funds and subsequent money market “reform” that introduced fees and gates to prevent another run in the future. With over night rates spiking to 10% from 2%, was this a run at the top?

Should individuals who hold wealth in money market funds be worried?

How close do you think we were to a system wide funding freeze? like the one that overwhelmed the markets in 2008, the Lehman moment.

- Source, ITM Trading

Gerald Celente: Trump impeachment action a waste of time

As House Speaker Nancy Pelosi prepares impeachment action against President Donald Trump, Gerald Celente, publisher of the Trends Journal, is calling the whole affair a “waste of time” with no greater impact on the economy and the average American’s livelihood. 

“It could possibly happen but it won’t mean anything, because if they impeach Trump then it has to go to the Senate for conviction, and it needs a two-third Senate vote, and the Senate is controlled by the Republicans, so it’s not going to happen. It’s going to be more of a waste of time, and it’s more of ‘Russiagate’,” Celente told Kitco News.

- Source, Kitco News