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Gerald Celente on gold, stocks, geopolitical events, retail apocalypse, cannabis legalization

Chris Waltzek, Goldseek Radio, Released on 4/26/17

Highlights:

  • Head of the Trends Research Institute, Gerald Celente returns with comments on gold and US equities.
  • Geopolitical events are escalating amid saber rattling with Syria and North Korea.
  • Such events oftentimes result in market trends with key implications for global investors.
  • Although the post-election rally in US shares is impressive, a reaction is necessary to sustain the upward momentum.
  • With sluggish retail sales via the “Retail Apocalypse,” Wall Street may continue to rally while Main Street stagnates.
  • Global currency volatility is improving the appeal of alternatives, such as gold and Bitcoin.
  • Once the yellow metal crosses $1,400, Gerald Celente anticipates a new bull rally will drive the precious metal above the former 2011 peak to $2,000.
  • The Trends Journal compares cannabis legalization to 1933 and the end of prohibition.
  • Canada recently decriminalized cannabis and many US states allow recreational / medicinal usage.
  • Colorado is earning more tax revenue on a medicinal herb than on toxic potent potables.
  • Gerald Celente and the host question why yet another tiny impoverished county is the target of the world’s most potent military force.

Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom, Celente, whose motto is “think for yourself,” observes and analyzes the current events forming future trends for what they are – not for the way he wants them to be. Gerald Celente has earned his reputation as “The most trusted name in trends” by accurately forecasting hundreds of social, business, consumer, environmental, economic, political, entertainment, and technology trends.

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