Major financial storms are coming, and they may cause a great deal of damage.
There is every indication that what has now starting in Europe could end up on the dollar’s doorstep, and upend the whole house of cards.
As economic forecaster Gerald Celente told the Alex Jones Show, the Brexit campaign was something of a launching point for what is going to become a total collapse scenario. Though it isn’t completely clear yet, this could be the reverberations of the big one.
But what Celente sees coming is severe indeed… and quite ominous.
Markets have rattled with major currency swings surrounding the Pound Sterling, and everyone is in for a devastating sequence of events. The future of the EU, and its tenuous relationship with Britain is unclear, and the financial reaction is significant.
Immigration pressure is creating social chaos, and the population is becoming fed up with the establishment and their abuse of power. Europe faces an even larger threat of further concentrated and more heavy-handed government power, through a more desperate EU regime.
If populism spreads along with anti-EU sentiment, there could a return to national currencies, and the destruction of the Euro itself. Under such conditions, gold might be expect to gain in value, and a global currency may attempt to emerge. As Celente says, “The war has begun.”
Exactly how it plays out remains to be seen.
Here’s what Gerald Celente has to say: