The Reverse Midas

Bull Source

RT talks with trends forecaster Gerald Celente about the debt deal and what’s coming for the American and global economies.

Gold prices have gone up because of the devaluation of the US dollar, Celente points out. He argues that America is heading into the Greatest Depression and believes that everything Washington is doing will not salvage the economy.

“Why would any thinking adult look at the Republicans and the Democrats, the inepts and the incompetents, to come up with a program that’s going to salvage the nation?”

Reprinted with permission from Bull Source. You can subscribe to Bull Source posts for free here.

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.”