Gerald Celente: “March Economic Madness” & Why Gold Hits $5,000!
- Celente – “March Economic Madness” & Why Gold Hits $5,000!
by www.kingworldnews.com
Today top trends forecaster Gerald Celente spoke with King World News about his amazing 2014 predictions and why gold will hit $5,000. For the first time ever, Celente is now predicting that gold will smash through the $2,000 level and head thousands of dollars higher. Here is what Celente, who is the founder of Trends Research and the man many consider to be the top trends forecaster in the world, had to say in this remarkable interview.
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Eric King: “Can we start with your (2014 prediction of) ‘March Economic Madness?’”
Celente: “Yes, and I also want to let you know that you are the first person that we are granting this interview to because we believe in King World News, the work that you do, and the kind of people that come to your website. So we are doing this because we believe in both you and the people and we are wishing everyone the best of 2014. And if you (as readers and listeners) can stay on top of the news and ahead of the trends, you will be able to navigate what’s coming because there are going to be a lot of wild cards being thrown on the deck…..
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What I am (now) saying is this time it’s going to break past $2,000, and then it’s going to be going to the other markers that people have been looking at — the $3,000, $4,000, and even $5,000 (price levels) — because the global economy cannot sustain itself without cheap money. This tapering is going to prove to be too damaging to the equity markets and the global economies and they cannot sustain this.”
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Let’s hope he doesn’t leave it with MF Global this time (or GLD)