Previously by Gerald Celente: The Falling Bottom Line
Gerald Celente, publisher of the Trends Journal, discusses the collapsing US dollar, and gives his take on a return to the gold standard.
The business of America is war, so a gold standard won’t help, Celente argues. However, he believes a gold-backed US dollar would give other countries a more stable reserve currency to deal with.
Celente thinks the private Federal Reserve is running out of cards to play, as they can’t lower interest rates anymore and QE3 would crash the dollar. Celente predicts the next game is war.
“You know who the real public enemy number 1 is? It’s Osama Bin Bernanke. This guy is devaluing the money in front of our eyes!”
Gerald Celente is founder and director of The Trends Research Institute, author of Trends 2000 and Trend Tracking (Warner Books), and publisher of The Trends Journal. He has been forecasting trends since 1980, and recently called “The Collapse of '09.”
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