Gerald Celente - Gold, Silver & A Major October Surprise
Kings World
Via Stevequayle.com
Today top trends forecaster Gerald Celente told King World News, “They (central planners) are going to destroy the money, and they are going to do everything to try to keep the gold and silver markets down.” Celente warned about a major “October surprise.” He cautioned, “Anything could happen at any time. There are a lot of wild cards, and in a wild card environment like this, I want gold and I want silver … on Friday, I just bought (gold) again.”Continued below.
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Celente is the founder of Trends Research, and the man many consider to be the top trends forecaster in the world. Here is what Celente had to say: “What’s shaking out is that the European Central Bank, in their arcane language, has basically said, ‘We are going to buy up all of the worthless sovereign debt that Italy, Spain, Ireland, Portugal, and any other country in the eurozone that gets in trouble, we will continue to buy up that worthless debt.’ Now where are you going to get the money?”
“So as long as they keep printing money abroad, and at home, gold prices keep going up.
You look at the jobs being created, they are poverty level or barely making it level jobs. What you are going to see at all levels is lower wages. So regardless of whether the prices are going up, wages are going to keep going down, and it’s going to cost you more to buy whatever you need.
Gerald Celente continues:
“‘Well, we stole it all from the people already through austerity measures. They don’t have much to give us anymore. I tell you what we’re going to do, get those printing presses rolling. That’s right, heat them up and let them go.’ They said they are going to do it continually to keep propping up the falling eurozone from collapsing.
You can listen to the French President, Hollande, and the British Prime Minister, Cameron, even though the UK is not in the euro, they are pushing for more worthless bond buying as well….
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