Gerald Celente: Falling Dollar, Rising Gold, Explosive Unemployment in the USA

by | May 27, 2009 | Forecasting, Gerald Celente

Gerald Celente on Goldradio.fm May 27, 2009. Mr. Celente discusses current and future trends for the economy, geopolitics and his predictions.

http://www.howestreet.com/audio/geraldcelente_27052009.mp3

When this bubble blows apart, there’s no fixing it. This bubble is huge and it’s being blown up before our eyes.

You’re going to start seeing a real decline in the dollar and a rise in gold prices. That’s going to be a real big signal for those looking on early. The later signals of course will be massive unemployment and a decline in GDP. That will follow.

You’re already seeing it. It’s coming out of China, it’s coming out of Brazil. They’re already saying we don’t want to deal in dollars any more.

No one’s going to be want to caught with these things.

This is the decline of empire America.

We’re already seeing the dollar losing value against major currency baskets of Euro, Yen and Swiss Franc. While we may see rebounds here and there, the long-term outlook for the dollar will be devaluation/inflation. Once the rest of the world loses confidence in the dollar and pulls out of US Investments, we’re going to experience a collapse unlike anything we’ve seen before in the USA.

Ignore Gerald Celente’s forecasts at your peril.

Click here to visit HoweStreet.com and listen to more interviews

Inflation is Running at 40-Year Highs!

Negative interest rates are taxing savers, creating food shortages, and making life miserable in the United States!

There's little time left before the REAL DISASTER occurs!

Download the Ultimate Reset Guide Now!

    Related Articles

    The Price-Gouging State

    The Price-Gouging State

    This article was originally published by Hal Snarr at The Mises Institute.  Friends and family are...

    Comments

    0 Comments

    Commenting Policy:

    Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.

    This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.