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Gerald Celente Declares That A Worldwide Panic Is Beginning And “There Is No Recovery”

Saturday, January 24, 2015 23:19
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(Before It's News)

OK, some things have begun to happen, and some very important people in the financial world are getting VERY nervous. If you’re not already well versed in who Gerald Celente is, then Google him and do 20 minutes worth of reading on him. After about three minutes of reading, I’m sure you’ll be sufficiently convinced that Celente takes the term “FINANCIAL GENIUS” to a new level.  The guy has predicted almost every financial hiccup and crash in his lifetime to the minute it seems like. In my post titled: IF YOU SEE THESE PEOPLE PACKING UP, OR YOU NOTICE THEY ARE NO LONGER AROUND, THEN THE WHEELS ARE ALREADY OFF, AND IT’S ABOUT TO GO DOWN, the author says:

“My insider sources inform me that the same thing is happening in various federal organizations by  those who have recently retired from the CIA, DHS, NSA and FEMA. This fact is indisputable. I have firsthand knowledge of four ex-fed officials and their families who have relocated to safety enclaves when doing so was very disruptive to their respective family’s lives. Increasingly, it is looking like some major event(s) is/are coming and persons with insider information are attempting to remove themselves from harm’s way.

When government officials, from the various alphabet soup agencies, retire en masse, it is not necessarily a noteworthy event. However, when the same officials retire en masse and then relocate to form their own survivalist enclaves, then this is something that we should all sit up and take notice of, especially when we are seeing the same behavior on the part of Wall Street executives.”

Gerald Celeste is ONE OF THE PEOPLE that article is talking about. He is one of the brightest minds in all of finance saying, and he is already saying “IT HAS BEGUN…” So, not knowing what, when, or how fast things may or may not unwind, who’s to say when I take some advice given by a fellow blogger some time ago:

 

“Some of my very best contacts have told me that it is time to stop warning the people, because it is now time to start hiding from the wrong people.” 

With that said, I want to get a few things across right away. First, if you haven’t already, you might want to contact a local OATHKEEPERS near you. Oath Keepers is a non-partisan association of current and formerly serving military, police, and first responders  who pledge to fulfill the oath all military and police take to “defend the Constitution against all enemies, foreign and domestic.”

Something else you might think about if there are people like you close by that you trust and care about nearby is to consider setting up an ORGANIZED COMMUNITY DEFENSE: THEY WILL BE AMERICA’S LAST HOPE! I would also find a few minutes to print and put HOW TO SURVIVE MARTIAL LAW – DETAILED GUIDE somewhere close, or in your “GO” bag. Whoever wrote that guide was not the best writer, because it took me forever to transcribe it and make it read like it does, but what that person lacked in writing graces they MORE THAN make up for with their survival knowledge. Fiinally, if you’ve smart enough to know you don’t know everything and you’ve read this far, keep feeding yourself with knowledge. the following two articles EVERYONE should be REQUIRED to read. They are THAT useful! 

If I were you, moving forward I would be VERY careful with my spending, just based on watching Gerald, and try to come up with SOME kind fo plan for what you will do, or where you will go if things get ugly. Folks, here is what I can tell you… I’m in no better shape than anyone else despite the fact I’ve known about this coming crash as long as I have. I chose to get my doctorate for reasons largely personal, and I owe more for that sheet of paper than the average American mortgage is worth… not to mention a mortgage of my own, and not earning NEAR enough to “PREP” and keep all my bills paid.  

 

WHY AM I TELLING YOU THAT?

Because no matter how bombastic or sarcastic I can be at times (some might even say rude… can you imagine?)… my goal has never changed. I’ve always wanted to help my fellow patriots to the best of my ability. For 2-3 years I’ve had a few hundred nights I did not sleep so I could get my posts out. Anyone getting the newsletter that emails each post as I complete them wakes up many mornings to a full inbox. I’ve said all along, if you don’t have the means to “PREP,” or to BUILD A MILLION DOLLAR UNDERGROUND MANSION, if you do NOTHING ELSE… have a plan to get to your family no matter what. 

BE SURE YOU CHECK OUT THIS GUIDE TO SURVIVING MARTIAL LAW!

When this goes south, if you’re LUCKY you can expect MARTIAL LAW, and with it there will be soldiers likely restricting people’s ability to travel. They can’t be everywhere at all times… our military just isn’t that big… so figure out how you’ll meet the kids if they’re at school and you’re at work… or whatever. I don’t know your situation… you do. In the words of one of the most “CONNECTED” men on earth…

“HAVE AN EXIT PLAN” – Matt Drudge

By the way, I’d have a drastically alternate plan in the event you don’t have soldiers on every street corner restricting travel. If it’s not the military, I’ve often joked about it, but It’s not funny: EXPECT MAD MAX TYPE CONDITIONS! If you can’t picture what that looks like… picture Ferguson but without the police. 

 

2015 IS ALREADY GOING DOWN A DARK PATH…

WE’VE GOT ERIC HOLDER FORMING HIS OWN GESTAPO…

O’BUMMER HAS A LIST: THE FIRST 8 MILLION TO ROUND UP ASAP!

STAY VIGILANT! BE YOUR BROTHER’S KEEPER!

AND KEEP AN EYE ON GERALD CELENTE!! 

The warnings come just as the European Central Bank prepares a blitz of bond purchases at a crucial meeting on Thursday Photo: AP

The screenshot above from the Facebook page ofTrends Forecaster Gerald Celente TELLS US WHAT THE MAINSTREAM MEDIA WON’T TELL US, the looks on the faces of the business traders in the linked King World News story tells us the rest; the SHOCKING MOVE BY THE SWISS NATIONAL BANK is only the BEGINNING of a much larger GLOBAL MELTDOWN;  there is no recovery; we’re heading towards a global economic collapse. In the video below featuringGerald Celente with Rick Wiles on TruNews, Celente gives us his full analysis for the year 2015 beginning at the 14 minute mark.

Rick begins the program by warning that the wheels are beginning to come off the cart with theSwiss Bank decision, saying that traders were totally unprepared for what was coming: “Complete carnage” one trader said. Sharing that it’s not every day that a country’s central bank pulls the rug out from under so many feet, “clearly people are worried that there’s something bigger afoot.” Warning us that what we’re watching now is only the beginning of the coming ‘economic tsunami’, we’re also asked why the mainstream media is putting out stories about economic recovery while one of Bloomberg’s lead stories is called “Mayhem Erupts On Trading Floors After Swiss Central Banks Remove Cap On Franc.”

From Celente at King World News: So the worst is yet to come and there is no way out. And I would suggest to people as they look around the world at the geopolitical problems that are going on and how so many countries are becoming police states — under the guise of terrorism — that they ask themselves:

ARE THESE COUNTRIES REALLY AFRAID OF TERRORISM OR ARE THEY AFRAID OF THEIR OWN POPULATIONS THAT ARE LOSING EVERYTHING AND WILL TAKE TO THE STREETS?

BECAUSE THAT IS WHAT WE SEE COMING!

WE SEE A GLOBAL COLLAPSE.

THERE IS NO RECOVERY – IT’S BEEN A COVERUP!

[Audio/Video below cannot be seen in Newsletter - have to go to Blog]

LISTEN: CELENTE’S ANALYSIS OF 2015

 

CENTRAL BANK PROPHET FEARS QE WARFARE PUSHING WORLD FINANCIAL SYSTEM OUT OF CONTROL

The economic prophet who foresaw the Lehman crisis with uncanny accuracy is even more worried about the world’s financial system going into 2015.

Beggar-thy-neighbour devaluations are spreading to every region. All the major central banks are stoking asset bubbles deliberately to put off the day of reckoning. This time emerging markets have been drawn into the quagmire as well, corrupted by the leakage from quantitative easing (QE) in the West.

“We are in a world that is dangerously unanchored,” said William White, the Swiss-based chairman of the OECD’s Review Committee. “We’re seeing true currency wars and everybody is doing it, and I have no idea where this is going to end.”

Mr White is a former chief economist to the Bank for International Settlements – the bank of central banks – and currently an advisor to German Chancellor Angela Merkel.

He said the global elastic has been stretched even further than it was in 2008 on the eve of the Great Recession. The excesses have reached almost every corner of the globe, and combined public/private debt is 20pc of GDP higher today. “We are holding a tiger by the tail,” he said.

He warned that QE in Europe is doomed to failure at this late stage and may instead draw the region into deeper difficulties. “Sovereign bond yields haven’t been so low since the ‘Black Plague’: how much more bang can you get for your buck?” he told The Telegraph before the World Economic Forum in Davos.

“QE is not going to help at all. Europe has far greater reliance than the US on small and medium-sized companies (SMEs) and they get their money from banks, not from the bond market,” he said.

“Even after the stress tests the banks are still in ‘hunkering down mode’. They are not lending to small firms for a variety of reasons. The interest rate differential is still going up,” he said.

The warnings come just as the European Central Bank prepares a blitz of bond purchases at a crucial meeting on Thursday. Most ECB-watchers expect QE of around €500bn now that the eurozone is already in deflation. Even the Bundesbank is struggling to come with fresh reasons to oppose it.

The psychological potency of this largesse will depend on whether the ECB opts for shock-and-awe concentration or trickles out the stimulus slowly. It also depends on the exact mechanism used to conduct QE, a loose term at best.

ECB president Mario Draghi hopes that bond purchases will push money out into the broader economy through a “wealth effect”, but critics fear this will be worse than useless if it leads to an asset bubble without gaining traction on the real economy. Classic moneratists say the ECB may end up spinning its wheels should it merely try to expand the money base.

Mr White said QE is a disguised form of competitive devaluation. “The Japanese are now doing it as well but nobody can complain because the US started it,” he said.

“There is a significant risk that this is going to end badly because the Bank of Japan is funding 40pc of all government spending. This could end in high inflation, perhaps even hyperinflation.

“The emerging markets got on the bandwagon by resisting upward pressure on their currencies and building up enormous foreign exchange reserves. The wrinkle this time is that corporations in these countries – especially in Asia and Latin America – have borrowed $6 trillion in US dollars, often through offshore centres. That is going to create a huge currency mismatch problem as US rates rise and the dollar goes back up.”

Mr White’s warnings are ominous. He acquired great authority in his long years at the BIS arguing that global central banks were falling into a trap by holding real rates too low in the 1990s, effectively stealing growth from the future through “intertemporal” effects.

He argues that this created a treacherous dynamic. The authorities kept having to push rates lower with the trough of each cycle, building up ever greater imbalances, in an ineluctable descent to the “zero bound”, where monetary levers stop working properly.

Under his guidance, the BIS annual reports over the three years before the Lehman crisis were a rising crescendo of alarm calls at a time when other global watchdogs were asleep. His legendary report in June 2008 openly discussed whether the world was on the cusp of events that might prove as dangerous and intractable as the Great Depression, as it indeed it was.

Mr White said central banks have been put in an invidious position, compelled to respond to a deep economic disorder that is beyond their power. The latest victim is the Swiss National Bank, which was effectively crushed last week by greater global forces as it tried to repel safe-haven flows into the franc. The SNB was damned whatever it tried to do. “The only choice they had was to take a blow to the left cheek, or to the right cheek,” he said.

He deplores the rush to QE as an “unthinking fashion”. Those who argue that the US and the UK are growing faster than Europe because they carried out QE early are confusing “correlation with causality”. The Anglo-Saxon pioneers have yet to pay the price. “It ain’t over until the fat lady sings. There are serious side-effects building up and we don’t know what will happen when they try to reverse what they have done.”

The painful irony is that central banks may have brought about exactly what they most feared by trying to keep growth buoyant at all costs, he argues, and not allowing productivity gains to drive down prices gently as occurred in episodes of the 19th century. “They have created so much debt that they may have turned a good deflation into a bad deflation after all.” – Telegraph.

Read the article at WUC News here:

 

THE VOICE OF REASON

SOME VERY USEFUL LINKS: 

FOR MORE LINKS ON HOW CLOSE THE NATION IS TO WAR:

FOR LINKS TO UNDERSTAND THE ECONOMY & THE COMING ECONOMIC COLLAPSE:

 

FOR MORE LINKS ON MARTIAL LAW:

FOR MORE ON BARACK COMING FOR OUR GUNS!

LEARN HOW FEDERAL AGENCIES ARE ALL NOW FULLY ARMED!

 

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Total 25 comments
  • Uhh, OK. Is Mitt Romney president yet?

  • Gerald has been predicting a crash since 2010. He claims to have an impeccable record forecasting trends.

    Maybe this time he’ll get lucky.

    So to speak.

    • He’s been tellin about crooks for years an he’s been right.

    • Look at his earlier predictions, he`s been right several times since the late 80`s and 90`s.

      The crash WAS in 2007-2008, all they have done since is to patch it, like Huzsar said “biggest Wall Street bailout of all time”.
      Did you know about all the rigging, manipulation in 2010? The goldprice was 400+USD in 2005-2006, it was allmost a 1000 in early 2008, you do the rest.

      I see some sites and people calling him a shill because he won`t name/take on the zionist`s, I think he`s trying to make people think for themselves, it`s obvious who he`s talking about when you read between the lines.

      What have you done anon to wake up people???

      • To answer your question about what i have done… I have posted many comments debunking Planet X / Nibiru, including a link to Donald Yeoman (NASA) excellent debunking. So many people believe that it’s real that they are being severely misled.

        As for the crash of 2007 and 2008, many of us saw it coming, and we didn’t need Celente to warn us. I got my money out of equities before the 2008 crash and safely tucked away.

        What did he predict in the 80′s and 90′s that other’s didn’t already forecast? The 1987 crash? If he warned people about, his voice was one of many. The man is a grand-stander and a publicity hound. It happens.

        As for people thinking for themselves… this is an excellent idea. That is, if people could really think for themselves. Instead they read sites like this one and are gullible enough to believe what they read. This site is entertainment, not information. Or at least not trustworthy information.

  • DK

    And while this was happening World leaders jetted out to Davos to save us from global warming, I hope they bought return tickets and have deep pockets. :grin:

  • Yeah, I could have told you the same thing……thirty-five years ago when George Bush, Jr was all but pissing his-self while riding in a Jeep IN SOUTH FLORIDA with Gorbechev who had already invaded and laid claim to the area.

    PWR

  • a G e N t U r C e L e N t E ! ! ! !

  • I don’t know why so many people worry about fake debt. I is all monopoly money anyway and when the system crashes, those who have a lot of numbers in their accounts will have just that, worthless numbers that you can’t eat or use. Position will be the new law of the land and the new currency.

  • Of course there is a recovery and it’s simple. Eliminate the debt that was acquired illegally in the first place. Make any top Bankster get on national TV and explain to the world exactly how a debt based money system works. Then give them the opportunity to either forgive the criminal debt or face life in prison for counterfeiting and the practice of slavery.

    • About the most truthful solution I’ve come across…

    • How about this: don’t borrow money. Nobody put a gun to someone’s head and forced them to take out a loan.

  • OH NO! LET’S ALL RUN FOR OUR LIVES BECAUSE GERALD CELENTE SAID SO EVEN THO HE’S WRONG ON ALL HIS PREDICTIONS!

    • It is predictive programing of the masses. Nothing big will happen unless they put the seed of thought into our brains. They need us to pay attention to their agenda, so the Black Magic of mass mind control works.

  • The world will fall but not the end, April will see the start of the invasion the markets around the world will fall but yet will not be the real war not until the end of September but too late for mankind to stop the butchery and blood shed Isis and Russia will work together and china will be deceived by Russia at the very end too late to come over to the other side Obama will not see the end of his term ,the horror of war will end not because of a winner or loser but because of the comet that is coming at the end of the year to end all wars the sun will come alive before going cold because of something that is heading into the solar system for 2017 ,the evidence will arrive by comets very soon ,march will see a brief peace but will not last before Finland Sweden see the red cap army then the move to Germany will start, the war will be just months but the end just mines but help is watching and will come after we have learned our 3rd lesson ,stand tall and be seen as you may be the only one in your town or village that can see
    Once the train is seen and not made the station it will begin

  • Dyan Bermeo

    What should I do I’m going to college for plumbing certificate. I’m 26. Dropped out of college no loan no degree. I should get my certificate in December. I got less than $2000 in my bank account. I live with my parents no job no car. I do a small freelance art work that gives me little money. I feel we have less than 5 years on earth but I also feel we could be headed for a technological golden age.

    • Having sex would be first on your list

  • diaz

    He is right on the money.

  • This guy has had so many wrong guesses that granting him any credibility is silly. Where were the food riots and the end of Christmas he said would happen in 2012? It’s easy to be right once in a while if you’re constantly guessing. You’d have better luck asking questions of a Magic 8 ball.

  • James Smith

    A little choreographed financial doom and gloom punk, blatant cointelpro trash. Oh, you fool you say, am I really a fool, not hardly. Nobody could fool you because you’re so astute and clever, correct? Can’t pull the wool over your eyes, can’t be hoodwink ring a bell or two? If this guy were on the level, he would be sounding a life and death alarm, after all, we’re being attacked right now. Resolve right now is more important that just money and numbers when in fact the American people have been robbed, debt raped and bleeding out right now. Arrest them all and recover our money and gold they stole and walla. If he were a real deal patriot, like me, he would tell us, to rise up and take back our foreign muslim u.n. infiltrated federal government before it’s too late, if it isn’t too late all ready. And we better rise because they’re going to drop the hammer on the American people real soon. For their blatant, shock the conscience, most egregious crimes possible, they know they 100% deserve to be hanged by their filthy commie war criminal necks…. especially since they’re all be pronounce officially dead, with a zero chance of it being choreographed hoax. That’s the only punishment that fits their painfully obvious crimes. A real patriot would warn and inform their American comrades of the seriousness of extreme danger and the dire consequences of doing nothing. A real deal patriot loves his country and its men and women and wants them to be save and truly secure by knowing the facts revealing the most pertinent, country and life saving information available…. /alternative/2014/08/america-is-under-attack-and-the-american-people-know-it-too-3015792.html

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