Gerald Celente: Continue To Buy Gold and Silver; On The Cusp Of WWIII

January 3, 2013 1:45pm NYSE:FAZ NYSE:GLD

Greg Hunter: Trends forecaster Gerald Celente predicts the global financial system will continue to be propped up.  Celente says, “The scheme continues to go, the scheme being dumping cheap money into the system to perpetuate an economy that should have crashed in 2008.  So, for 2013, our best shot

is more of the same, but worse.”

Celente’s advice for people who want to protect themselves financially, “Continue to buy gold and silver because a currency war has broken out.”  Celente says gold’s assent has stalled because the financial elite “rigged the game” just like the $800 trillion global LIBOR interest rate market.  Celente asks, “Don’t you think they’re rigging the gold and silver markets?”

Celente contends the fuse is lit on the Middle East and North Africa.  He thinks, “The Arab Spring has nothing to do with a democracy movement.  It has to do with far too few having much too much and way too many having much too little.”  Celente predicts, “If anybody attacks Iran, it will be full-fledged World War III.”  Join Greg Hunter as he goes One-on-One with Gerald Celente, publisher of The Trends Journal. 

ETF DN Related Tickers: Direxion Daily Small Cap Bear 3X Shares ETF (NYSEARCA:TZA), Direxion DailyFinancial Bear 3X Shares ETF (NYSEARCA:FAZ), SPDR Gold Trust (NYSEARCA:GLD), iShares Silver Trust (NYSEARCA:SLV), VIX ETN (NYSEARCA:VXX).

Are Government Policies Making the Economy Worse?

Read Next

Recommended for You

Explore More from

Free Daily Newsletter

Get daily ETF insights from our market experts. Never miss another important market development again! respects your privacy.

Best ETFs

We've rated and ranked nearly 2,000 ETFs and ETNs using our proprietary POWR Ratings system.

View Top Rated ETFs

Best Categories

We've ranked dozens of ETF categories based on relative performance.

Best ETF Categories