Gerald Celente's economic predictions

Discussion in 'Economics' started by DrPepper, May 7, 2010.

  1. A few of his key points include:

    He predicts a domino effect of sovereign debt collapse in many countries throughout the world this year leading to a worsening stock market crash. He says that stocks are too risky and should be avoided.

    He has 80% of his assets in gold and the rest of his cash divided between US and Canadian dollars.

    He says that yesterday's 1000 point Dow decline was no accident caused by a fat finger or HFT, but is a harbinger of things to come.