ITM Trading, Released on 7/10/24

“You’re gonna see a banking crisis the likes of which we’ve never seen before,” warns Gerald Celente, American trend forecaster and publisher of the Trends Journal. He tells Daniela Cambone that U.S. society is in decline post-COVID, yet the people in power are incompetent to tackle the issues in front of our eyes—drug overuse, rising crime rates, and a decayed public transportation system. He also warns that banks are defaulting one after another, with insufficient coverage by mainstream media. “And now let’s go back to when they dumped all this money into the system—when Trump and Biden dumped all this dough into the system to artificially prop up the economy during the COVID war, when they locked down everything. Interest rates were at zero. So now the banks own all these worthless treasuries,” he explains. Celente further states that the banking crisis is going to crash global equity markets and the economy. He also predicts that the price of gold will reach $3,000 this year, given all the geopolitical risks and the uncertain economic landscape. Watch the powerful video to learn more about his views.

00:00 Post-debate thoughts
4:13 Reality check of the U.S.
9:20 U.S. media is dead
13:07 Banking crisis/gold
17:24 US military on high alert
21:58 NYC life
26:51 Gold
30:10 Japan
32:38 Petrodollar
33:25 Concluding words

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.

  banking crash, banking crisis, dollar, economy, gold, market crash, trends