- Gerald Celente: War With Iran Would Mark Beginning of WW3!
Founder of the Trends Research Institute Gerald Celente discusses how conditions of this recession are similar to post-World War recessions. Celente points out that currency wars are already happening and trade wars are heating up. “Seven of the last recessions were preceded by spikes in oil prices,” he says. Celente believes a war with Iran would trigger the beginning of World War 3. The trends forecaster is invested 80% in gold. He expects the stock market to keep up as long as the Fed continues pumping cheap money into the system.