Gerald Celente Predicts “The Panic of 2016”
by Greg Hunter
USA Watchdog
Trends forecaster Gerald Celente says former Fed President Richard Fisher dropped an ominous truth bomb last week on CNBC. Celente says, “Last week, when it was a celebration of . . . 2009 and the markets started going up, Fisher says, quote, ‘We injected cocaine and heroin into the system to enable a wealth effect . . . and now we are maintaining it with Ritalin.’ Fisher also said, a few weeks ago, that ‘the Fed is a giant weapon that has no ammunition left.’ Let’s take his quote, and this is very important, ‘We injected cocaine and heroin into the system.’ You go back to our 2010 alert, and we said this was no recovery. It was a cover-up. What Fisher just said was a criminal act. Injecting cocaine and heroin into the system was a criminal act by the banking gang.”
Celente says the announcement of increased money printing by the European Central Bank last week only means one thing, “The bond buying bubble has burst. You can see what happened. All of a sudden, they announced this widely anticipated announcement–gold prices went way down and the markets went way up. Then, all of a sudden–the markets went down and gold prices went way up. You know why? Everybody knows this is a fraud, even the Fed guys. . . . All this is, is heroin and cocaine. It doesn’t fix you and neither does Ritalin. . . . It’s not working.”