Gerald Celente & Chris Waltzek on GoldSeek Radio – October 24, 2015

by Chris Waltzek
GoldSeek Radio

Head of the Trends Research Institute, Gerald Celente outlines the bullish case for gold – the yellow metal is up 15%+ in 2016, which may represent merely the opening salvo. According to the Trends Research Institute, gold is destined to cross $1,400 on the way to $2,000 an ounce, as Abenomics sends trillions of dollars worth of Yen into the global monetary system, similar to the EU. Yet even negative interest rates have not revived the third largest global economy, with imports down 20%, reportedly. In the US, crushing debt and meager annual incomes of approximately $30,000 make buying a home and rearing a family unaffordable luxuries for the masses. Top investors such as Carl Icahn and Duquesne Capital’s hedge fund manager extrordinaire, Stanley Druckenmiller are warning of a stock market swoon, while suggesting investors should increase gold / silver exposure.

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