Last Question
What is Gerald Celente 2010 predictions?http://www.youtube.com/watch?v=_ic6Y0-Fmfg
http://www.youtube.com/watch?v=5ev2opmaybM
http://www.youtube.com/watch?v=6mfHEzTnQBk
1. Gerald Celente says money supply is $5.5 trillion. Markets collapsed in March 2009.
2. Celente is predicting 40% inflation in 2010
3. A great depression is about to emerge
4. The US has not trade surplus. The US does not have a manfacturing capacity to produce.
5. Protectionism will increase. Tariffs on Chinese Tires. "Not made in China" will be a montra. Shortages will become common place.
6. Anti-immigration will be a major political issues
7. A third political party will emerge: a. against the fed b. against foreign entanglement c. against large corporation.
8. Commercial Real Estate markets will show more failures in 2010.
9. Freddie and Fannie will require more government rescues in 2010.
10. The European Union will break up in 2010 Greece is deep in debt.
11. Gold will be bullish through 2010. Gold reached a high of $1,200.
12. Investors are bailing out of the Euro and moving into the dollar in 2010. The Carry Trade is going to unwind in Asia. The dollar will go up and then dive down. Central Bank collateral has no value. Repatronage will produce fractional amounts on the currency.
13. Survivalism will increase at every level.