The Greatest Depression is Already Here, Says Trends Forecaster Gerald Celente

Are We Already Living in “The Greatest Depression”?

According to Gerald Celente of Trends Journal, the US is entering, if not already in, the “Greatest Depression.” On Jeff Rense’s radio show this week, Gerald went on to say that the global economic slowdown is about to hit home in the USA, and hard.

Gerald Celente has been accurately predicting major economic and political events for the last 30 years. He was correct about the 2008 stock market crash and even called the “Trump rally” in late 2016, when he predicted that the stock market would rise to new highs based on optimism and a more tax-friendly environment for corporations and Americans.

But now, his latest prediction could be his most important:

“During the last recession, the Federal Reserve dropped rates to zero from 5%. This time, when the recession becomes official, they will already be at 2% trying to cut to zero, and it won’t be enough to have any effect on the economy at all… Now in Germany, if you buy a 30-year government bond, they are promising to give you back less money than what you paid initially. Imagine that, buying a bond knowing that you are going to lose money, guaranteed.”

This just shows how bad things really are in the world economy and monetary system, and no surprise then that last week New Zealand, India, and Thailand’s central banks all made drastic cuts to their countries’ interest rates. This is the 4th time this year that India has cut its interest rates.

Gerald Celente had a warning to the listening audience, that people could lose their jobs, their homes, their businesses, and worst of all- potentially their lives.

“You have the trade wars, the currency wars… and we are already in the stages of the Greatest Depression.”

Radio host Jeff Rense was keen to add that “by the time they announce the recession, it will already be too late to do something about it to protect yourself and your family”.

And I can’t help but agree.

Safeguard Your IRA or 401k While You Still Can

A Gold IRA:

*Can save you from the devaluation of the dollar due to un-payable US national debt
*Helps you make money even as stock markets decline, drop in price, or even crash
*Gives you all the same tax benefits of a traditional IRA or 401k

When the recession is officially announced, it will likely already be too late to save your retirement and investments.

Click here to receive a free Gold IRA investment kit or Call 1 (844) 912-1706

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Return to www.thebestgoldirarolloverguide.net

Dow Jones Drops 767 Points in Worst Day of 2019! – Protect Your 401k/IRA While You Still Can

In the worst day for stocks in 2019, the Dow Jones, S & P 500 and Nasdaq all lost 3% or more as the reality of a global economic slowdown is becoming undeniable at this point. Even with central banks devaluing currency and slashing interest rates, it seems this market has even more downside potential.

World Stock Markets Plunge in Worst Day of 2019

 
It was all kinds of bad today for markets, but the narrative that the media is pushing still fails at giving folks the bigger picture of just what is going on for the US and global economy. They blame Donald Trump’s threats for more trade tariffs, or China’s recent decision to further devalue their currency, or any other newsworthy item, but that does not do justice to the truth.

The truth is the global economy has been in a slowdown for the last year or 2 (at least), and not even central bank manipulation, like the Federal Reserve’s announcement last week to cut interest rates for the first time in 10 years, is going to save the day this time.

It’s no surprise then that gold and silver are breaking out and hitting new highs.

So what’s driving today’s market moves?

Key Points for Today’s Financial Markets

 
*Manufacturing has been decreasing since the beginning of 2018
*A trucking recession began in November of 2018, with 7 major trucking companies closing down in 2019
*The US federal government, corporations, and private citizens have all-time record amounts of debt
*Central banks around the world have already started cutting interest rates along with the US Federal Reserve
*Treasury yields are at 2 and a half year lows, and stand to lose even more
*the Dow Jones index has lost over 1600 points in the last 3 weeks
*China’s Commerce Ministry said that Chinese companies have stopped buying US crops
*money velocity, or the rate at which money moves through the real economy, is at all-time lows in spite of Federal stimulus for 10 years

It’s clear that when you weigh the facts vs the fluff, the recession may already be upon us. Whatever you do, don’t wait for the government or the media to announce it, because by then it will be too late.

Think about it- if the Dow Jones almost drops 1,000 points in a single day during times when the President and his advisers say our economy has never been stronger, what’s going to happen when they’re actually forced to admit the economy is on the brink of decline?

There will be a stampede for the exits.

Do Something to Protect Your IRA or 401k from a Stock Market Collapse with a Gold IRA Rollover

 
A Gold IRA:

*Can protect you from the devaluation of the dollar due to un-payable US national debt
*Helps you make money even as stock markets decline, drop in price, or even crash
*Provides all the same tax benefits of a traditional IRA or 401k

Click here to receive a free Gold IRA investment kit or Call 1 (844) 912-1706

IRA and 401k Rollover to Gold

Return to The Best 401k to Gold IRA Rollover Guide