Politicians Killed Economy & It Ain't Coming Back - Gerald Celente

By USA Watchdog / January 20, 2007 / marketsanity.com / Article Link

"You look at gold prices. Look at where gold prices are going. How long have I been saying this? When all this began, I said boom, you are going to see gold spike, and now it's around $1,800 per ounce. Silver is going to follow when gold breaks $2,000 per ounce. It's because this economy is going down, and it's not coming back. According to Yelp, 53% of the restaurants will not be reopening. On average, 43% of the businesses won't be reopening, and the bigs are going to gobble it up. Here's a headline, 'Big hotels could benefit from aid.' That's right, more billions and billions of dollars are going to big hotels. . . . Why are the markets up? The Federal Reserve is going to pump money into our big guys who got richer by about $650 billion since this started. We are all becoming workers on the plantation of 'Slavelandia,' and here are some crumbs for you."

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.

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok