Gerald Celente: New Commentary on the Geopolitical Arena and Financial Markets
Highlights:
Gerald Celente, founder of the Trends Research Institute, returns to the show with new commentary on the geopolitical arena and financial markets.Our guest is concerned that the US US could be drawn into a military conflict in the Middle East or with NK with potentially dire consequences.US equities indexes have benefited from artificial and unsustainable stock buybacks.Gerald Celente echoes the sentiments of many recent guests, expressing his concerns that corporate earnings may not be capable of maintaining current lofty levels.As wage stagnation and increasing credit card / auto loan defaults persist, policymakers could face an economic quagmire deeper than that of the Great Recession.To protect investors from increasing financial market exposure, Gerald Celente proposes the safe haven asset with the greatest appeal remains gold.Gold could soar after breaking through strong resistance at $1,450. Beyond that point, the sky could be the limit as the yellow metal eclipses the bull market peak, above $2,000 per ounce.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