This week Bitcoin.com News spoke with Gerald Celente, the favored traits forecaster, and writer of the Trends Journal. During a phone dialog, Celente mentioned the uncertainty surrounding the worldwide economic system after governments worldwide locked down the world’s residents over the Covid-19 pandemic, shut down companies and injected trillions into the economic system. The dialogue touches upon gold, bitcoin, the pandemic, the Ukraine-Russia warfare, and the Federal Reserve. The traits forecaster believes that World War III has already begun, and if folks don’t assemble to bolster peace on this world then we the individuals are doomed. Celente confused that if folks need actual change, they can not depend on hope as they should take a stand to make it occur themselves.
Trend Forecaster Gerald Celente Discusses the Economy, Covid 19, Great Reset, Gold, Bitcoin and More
Bitcoin.com News (BCN): What do you concentrate on the worldwide economic system and the best way it’s immediately?
Gerald Celente (GC): The Trends Journal had forecast this again in 2000. The actuality that everyone is forgetting is that the Covid War destroyed the livelihoods of tons of of tens of millions, if not billions of individuals. The solely factor they did to forestall it was to inject numerous trillions of {dollars} of financial methadone into the fairness markets via their bond-buying schemes and retaining rates of interest to destructive and 0 charge coverage.
Then governments pump in numerous trillions of free cash to maintain pumping up the economic system artificially. It ought to have crashed — You acquired some little jerks telling you: “We’re gonna flatten the curve, we are making up this crap! We’re gonna lock you down. You are a non-essential piece of crap. Meanwhile, the big guys who give me money that morons and imbeciles call campaign contributions” — that adults name “bribes and payoffs” — “they can stay open.”
“We’ll wipe out businesses from coast to coast around the world! Oh, you want to go to a dry cleaner now?” In the United States, a 3rd of them went out of enterprise. Yeah, I’m wondering why? Because individuals are not working within the workplace anymore? Oh, workplace occupancy charge… Depending on the numbers you see and what crap you swallow — round 50%. You imply all the companies that used to depend on tens of millions and tens of millions of commuters, can now not depend on them and they’re now out of enterprise… Yeah we’re not going to put in writing about that, as a matter of truth, what we’re gonna do is each time there’s an issue, we’re gonna blame it on the pandemic.
“Oh it’s a result of the pandemic,” they are saying. “The supply chain issues are a result of the pandemic.”
That’s not a results of the pandemic — it’s a results of you little political items of crap that shut down every part and destroyed the livelihoods of tons of of tens of millions. Oh, and by the best way, they sucked the enjoyment out of life and so they freaked out the inhabitants. Little youngsters are rising up all screwed up, masked up, vaxxed up, and f***ed up. That’s an enormous a part of it. What individuals are forgetting is that this factor was happening earlier than the Covid War started.
Just have a look at the info. Oh, over there in India, earlier than Covid, what did they’ve like seven or 9 GDP declines in a row? Oh and a spot known as Germany, the richest economic system in Europe… Oh, they have been a fraction away from going into an official recession in 2019. You forgot about all the cash that they have been pumping into the repo markets. What is a repo market? The repo markets are the place they offer the gamblers on Wall Street and cash junkies free cash to go gamble. They couldn’t give them sufficient. They pumped in $7 trillion from September 2019 to January 2020. Did you overlook about when the inventory market had its worst December in many years again in 2018? Back when Donald Trump compelled the central bankster Fed head Jerome Powell to decrease rates of interest. He did it in January of 2019 and artificially juiced them up — yeah that’s proper.
Now they’re elevating rates of interest and you’re watching commodity costs collapsing one after one other from corn to cotton — It’s throughout the board.
BCN: Why is it that U.S. president Joe Biden and Fed chair Jerome Powell will not be admitting the nation is in a recession? Do you suppose they ever will admit it?
GC: For the identical cause that they wouldn’t admit that there was inflation. They will not be going to confess there’s a recession. Look in any respect the crap they spewed out — They mentioned that inflation was ‘temporary,’ that it was ‘transitory.’ They have been making this crap up. They weren’t that silly. They knew it was actual. They didn’t do it as a result of the economies would have crashed in the event that they pushed up rates of interest. It gained’t be official till it meets the official characterization of a recession, and that’s two-quarters of destructive GDP development. You had one destructive quarter of GDP development for Germany again then in 2019 after which over the past quarter, it was up 0.1% or one thing, so that you cant formally name it a recession.
When you have a look at uncooked materials costs from corn to copper to cotton to crude, oil costs are plummeting. The hunch in main industrial supplies racked up its worst quarter for the reason that panic of 08’.
BCN: What do you concentrate on immediately’s fiat currencies and the turbulence they face?
GC: The greenback has no actual competitors. It’s so simple as that. Look on the Chinese yuan. They have a debt to GDP ratio of over 300. Are you going to go to the Japanese yen? In Japan, the place they’ve a debt to GDP ratio of round 260 one thing. Are you going to go to the euro? When they’re nonetheless at minus 50 foundation factors. When inflation in Europe is working sizzling at 8.6%. Now you will have the euro right down to its lowest since 2002. So the place’s the competitors? The greenback is simply staying up as a result of there isn’t a competitors, and the Fed is elevating charges faster than everybody else.
BCN: Do you suppose the Russian ruble is as robust as they are saying it’s?
GC: It will probably be if power costs keep excessive. If power costs go low the ruble goes down with it.
BCN: How lengthy do you suppose the Ukraine-Russia warfare will final?
GC: For so long as the United States and NATO (North Atlantic Treaty Organization) assist Ukraine. Russia has already gained. But it’s an enormous deceive say that. You know, the Trends Journal wrote about this earlier than the warfare started. We mentioned that Ukraine ought to negotiate the problems that Russia is citing. Among them was the violation of the Minsk settlement that was put collectively by France and Britain after the separatist areas of the Donbas area — They have been going to be a separatist however not a separate nation. It’s been reported that Ukrainians killed an estimated 15,000 of them. The different problem [is] about them not becoming a member of NATO. And none of those points have been mentioned.
Remember, the Presstitutes within the US reporting on the Russian invasion most likely nonetheless can’t level to Ukraine on a map
— Gerald Celente (@geraldcelente) July 8, 2022
So we mentioned they need to talk about them as a result of they aren’t going to beat the Russians. Once upon a time, there was a man by the title of Napoleon Bonaparte… He left Poland with 422,000 troops to assault Moscow. The well-known chart. Bonaparte got here again with 10,000 troops. Once upon a time, not too way back, there was a factor known as World War II. Adolf Hitler misplaced Operation Barbarossa which killed an estimated 25 million to 30 million Russians. Who have been the primary ones to beat the Germans in World War II? The Russians. So now you will have the nation of Ukraine of 40 million combating Russia, a rustic with 140 million and a sophisticated army. And they will beat them? And the United States goes to assist them win? When the U.S. hasn’t gained a warfare since World War II. Despite killing tens of millions of individuals and spending numerous trillions of {dollars}.
So they need to have negotiated for peace earlier than it occurred so now Russia controls over 20% of the nation.
BCN: What are your ideas on gold proper now as a protected haven?
GC: I believed gold would’ve gone a lot larger. The solely cause why gold goes down is due to the strong greenback. Which to me makes completely no sense as a result of when economies crash, and this goes again to the panic of ’08, you noticed gold spike. Gold goes down now, nevertheless it’s getting very near a breakout level. Again, you will have a lot of explanation why gold goes down, and one in all them, we simply talked about, which is all the worldwide fiat currencies happening. And gold and different commodities are priced in {dollars}. So now you want extra of your currencies which are declining to purchase these things, and you may’t afford it.
But we see gold, on the Trends Journal, as do I, as the last word safe-haven asset. There isn’t any different, it’s been happening for the reason that starting of recorded historical past and gold will not be going to go away. The different actuality is that the markets are rigged. If you don’t consider me. Then return to 2019, when the bankster gang JPMorgan Chase was fined a measly $900 million {dollars} for rigging the valuable metals markets. This, by the best way, is similar Jamie Dimon group that has been convicted of 5 felonies — JPMorgan Chase. But they don’t go to jail. Like you or I, if we went ten miles over the velocity restrict and have been 0.1% over the alcohol restrict, and so they had us handcuffed. No, they don’t go to jail. They pay slightly tremendous.
In the brand new world order, the place the ‘Bigs’ personal every part, it’s prosecution to the fullest for we the plantation employees of Slavelandia, and little conceited boys like Jamie Dimon get a slap on the wrist. For committing main felonies. So the markets are rigged. Look on the crap they’ve like a plunge safety crew. ‘Oh the markets are going down too sharply, let’s pump ’em again up! We’re the New York Fed — We acquired a desk proper there on Wall Street.’ That’s all they’re, by the best way, daddy’s girls and boys, conceited members of the membership — It’s all one massive membership and also you ain’t in it, mentioned the nice George Carlin.
BCN: What are your ideas about bitcoin?
GC: It’s a gambler’s recreation. The Trends Journal gave the breakout numbers in bitcoin and we have been constructive on it, to say the place the upside is and the place the draw back is. It’s a brand new factor, and so long as the large traders keep in it, it gained’t collapse. If the large traders pull out — then it’s going to be a tough highway. As we have been saying again in 2017, within the Trends Journal, we mentioned that the best hazard to cryptocurrencies is when governments ban them. And then China did it and also you noticed bitcoin costs plummet when China did that after which it got here again.
Number two, sooner or later within the not-too-distant future, they may eliminate soiled money and go to digital trash as we name it. That means the banksters are going to say “we’re not going to go with dollars or coin currencies anymore, we’re going completely digital.” It’s the digital world, it’s the metaverse world. They will not be going to need any competitors. That to me goes to be the tough a part of cryptos, when governments go that means.
When that occurs, I don’t know. Will it occur? I’d guess my life on it. Because after they go digital they may find out about each penny that you just spend, the place you spent it, and what you spent it on. Because the politicians and the little bureaucraps, they by no means work a day of their lives. They want the tax cash. So after they go digital, they get each penny that they need, in order that they don’t should work and the ‘Bigs’ can hold telling you what to do.
Right now they don’t have the talents and know-how at this level to go absolutely digital. You can have a look at what occurred in China with the digital yuan. They did loads of testing in Shanghai and gave the folks tens of millions of {dollars} to go digital. For some cause or one other, it’s happening now for 2 years. It didn’t occur. This was after they introduced that they have been going to create the digital yuan. By the best way, that’s the best way we’ve develop into. It’s the Chinese means, you’ll obey. Go again to the Covid War. When was it launched? Chinese Lunar New Year in 2020, the Year of the Rat. Why did they launch it? Well, I was on Hong Kong TV in 2019. The metropolis of seven.5 million folks and one million at one time took to the streets and protested China taking on and robbing them of their rights.
I’d be speaking on a break with the reporter and I mentioned “What’s going on over there?” He mentioned “Mr. Celente, we’re not stopping. We’re not going to keep letting the Chinese keep taking our freedom and rights away. We’re going to keep protesting.” Then let’s return to 2020, the Year of the Rat, China was the primary one to lock down.
And who did they lockdown? Hong Kong and so they can’t protest anymore. ‘Oh and we’re passing a safety act, and now we’re taking it over.’ The Chinese wore masks due to air pollution and the dictates, then masks turned the Western means… Italy was the primary one to comply with. Locking down the folks, forcing them to get vaccinated, placing masks on them, and taking their freedoms away. Then one nation after one other adopted.
BCN: What do you concentrate on the Great Reset?
GC: They need whole management. Go again to the markets in 2020 when they need to have crashed however as a substitute, they introduced rates of interest to destructive and 0. Look at your merger and acquisition exercise in 2021. The highest on document. Every week we do an article within the Trends Journal concerning the ‘Bigs’ getting greater. They’ve been doing it for a very long time. It’s the highly effective which are in management — the cash junkies and so they purchase out the politicians.
Top development: New World Disorder #italy #COVID #Ukraine ….The folks of slavelandia have had sufficient pic.twitter.com/OGjAbfxJeI
— Gerald Celente (@geraldcelente) July 8, 2022
I used to be the assistant to the secretary of the New York Senate at 26 years previous. I used to be on the high, and I noticed what a freak present it’s and what a bunch of low-life scum politicians are. Little items of sh**… Arrogant boys and conceited ladies. Again, they by no means labored a day of their lives. They receives a commission off by the ‘Bigs’ to do what they’re informed. They need whole management. If we don’t have a motion for the folks, we’re completed.
We’ve develop into plantation employees on the plantation of Slavelandia. It’s higher than the plantations of the previous days as a result of they used to have to accommodate you and feed you. Now they pay you simply sufficient cash so that you can feed your self, and dwell on the road, they might care much less. ‘Just come back to work when we need you and get the hell outta here when we don’t.’ It’s a brand new plantation system.
BCN: What would you say to individuals who need to defend their wealth with the best way the world is immediately? Is there any hope or alternatives for residents going ahead?
GC: First off, that final phrase you mentioned about “hope.” The phrase “hope,” is probably the most destructive phrase within the metaphysical dictionary. It means that you really want one thing and hope it occurs with out doing something. To show the full bullsh** of the phrase hope — let’s return to the 2008 American election, the place they elected a black president, Barack Obama — the Nobel piece of crap prize winner, who had the marketing campaign slogan “Hope and Change, you can believe in.” Hope? That conceited mendacity piece of crap, he acquired in and did the Afghan troop surge. “I want that guy Gaddafi out of there! Assad must go! We don’t care if we kill 630,000 Syrians, I want him outta there! I don’t care about Gaddafi, I don’t care about Libya being the richest country in Africa. Where people had more rights and benefits. I want him outta there — I want that oil!”
‘Hope?’ People should make it occur themselves. If folks don’t get in the perfect form they’ll bodily, mentally, and spiritually — We are on the finish of the world. World War III has begun — It’s not a proxy warfare, NATO and America are at warfare with Russia. It gained’t develop into official till perhaps a nuclear weapon goes off or some metropolis is destroyed. If the folks don’t unite for peace and freedom we’re completed. It’s over.
World War I and II will not be historical historical past, and on the time the folks didn’t stand as much as struggle and cease it, they merely swallowed the bullsh**. These wars simply began immediately as they are saying in authorities faculties or public faculties… they’re sh** faculties. They educate how World War I started, to girls and boys, and clarify when Archduke Ferdinand was assassinated in Sarajevo. Who the f*** is that this Archduke and what the f*** is Sarajevo? Do you imply it wasn’t happening earlier than that? “Oh no, World War II began when the Japanese bombed Pearl Harbor,” they are saying. Oh you imply it wasn’t as a result of the United States shut off all of the oil and all the opposite sh** that was happening. “Oh no, no, no… it only happened on that specific day.” That’s the crap they may feed us when World War III begins… It’s begun.
This would be the warfare after they requested Albert Einstein concerning the sort of weapons that will probably be used in the course of the third world warfare… A cat that knew a factor or two concerning the atom bomb. He mentioned, “I don’t know but they will be using sticks and stones to fight the fourth.” So what ought to folks do? I’m combating. I’m having an enormous peace rally on July 23 in Kingston New York on the 4 corners of freedom. I launched occupypeace.com again in 2014. So I’m combating for peace. I’m doing every part I can. On the monetary finish, I don’t give monetary recommendation, however I’m a traits forecaster. To me, gold is primary. Silver is quantity two and bitcoin is quantity three. In property to think about. The backside line is weapons, gold and a getaway plan, GC’s three Gs.
What do you concentrate on the interview with Gerald Celente? Let us know your ideas about what the development forecaster needed to say within the feedback part beneath.
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