Gerald Celente: markets about to implode, crime rate to spike

The stock market does not reflect the economic reality, and this overdue correction can be expected as soon as this fall, said Gerald Celente, publisher of The Trends Journal.

"I believe, September or October, we're going to see the markets unravelling the way they should. There's actually no reason for them to be going up, only a few stocks should be going up and the whole thing should be breaking apart," Celente told Kitco News. "When the winter starts coming back in, people start getting real again."

Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom, Celente, whose motto is "think for yourself," observes and analyzes the current events forming future trends for what they are - not for the way he wants them to be. Gerald Celente has earned his reputation as "The most trusted name in trends" by accurately forecasting hundreds of social, business, consumer, environmental, economic, political, entertainment, and technology trends.