RERUN: Markets On Course To Crash With Italy's Problems

By Kitco News / October 12, 2018 / www.kitco.com / Article Link

Oct 15, 2018 Guest(s): Gerald Celente Publisher, The Trends Journal

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.

Recent News

Platinum, palladium, copper gain on green China, supply constraints

September 29, 2025 / www.canadianminingreport.com

Gold stocks continue to soar as markets stumble

September 29, 2025 / www.canadianminingreport.com

Gold stocks again reach new highs

September 22, 2025 / www.canadianminingreport.com

Silver outpaces major metals in recent months

September 22, 2025 / www.canadianminingreport.com

Another 'Bubble Check' for the gold sector

September 08, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok