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Gerald Celente: Banking Crash of the Century Will Hit Post November Election
"You're gonna see a banking crisis the likes of which we've never seen before,” warns Gerald Celente, American trend forecaster and publisher of the Trends Journal. He tells Daniela Cambone that U.S. society is in decline post-COVID, yet the people in power are incompetent to tackle the issues in front of our eyes—drug overuse, rising crime rates, and a decayed public transportation system. He also warns that banks are defaulting one after another, with insufficient coverage by mainstream media.
"And now let's go back to when they dumped all this money into the system—when Trump and Biden dumped all this dough into the system to artificially prop up the economy during the COVID war, when they locked down everything. Interest rates were at zero. So now the banks own all these worthless treasuries," he explains.
Celente further states that the banking crisis is going to crash global equity markets and the economy. He also predicts that the price of gold will reach $3,000 this year, given all the geopolitical risks and the uncertain economic landscape. Watch the powerful video to learn more about his views.
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"ITM did a great job of educating me on the history of the dollar, the financial markets, the banks, gold, and the laws so that I had a better understanding of things." - Kristen W.
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📖 CHAPTERS:
00:00 Post-debate thoughts
4:13 Reality check of the U.S.
9:20 U.S. media is dead
13:07 Banking crisis/gold
17:24 US military on high alert
21:58 NYC life
26:51 Gold
30:10 Japan
32:38 Petrodollar
33:25 Concluding words
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For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.
Disclaimer: The views, opinions, and financial recommendations expressed in this video are solely those of the guest and do not necessarily reflect the views of ITM Trading. ITM Trading is not responsible for any financial decisions made based on the content provided in this video.
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#economy #dollar #gold
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