Goldseek Radio, Released on 2/7/19
- Gerald Celente returns from the Trends Research Institute and Globalnomic® Trend Forecaster with key insights.
- Venezuela is on the verge of chaos as President Maduro faces a coup and perhaps even pressure from US military forces.
- Already over 3 million people have fled the nation.
- A key method of transferring their wealth remains gold and cryptos, underscoring the significance of safe haven investing.
- Some pundits suggest caution as key BRICS nations also seek maintain oil interests in the country and surrounding nations.
- Mr. Celente fears most of S.A. could face implications for the citizens in the region.
- The duo concur that the Fed has finished the QT rate hike cycle and will likely return to monetary expansion / QE operations.
- Last year the combined gold purchases of global central banks reached an epic level.
- The Trend’s Journal predicted the gold bottom at $1,200, missing the mark by only 1%; the low was $1,18.
The duo agree that the price may never again test the $1,185 level. - Gerald Celente notes the bulk of US bullion may no longer be present in the vaults of Ft. Knox, the NY Fed and West Point. Chris’s late father guarded the gold vaults of Ft. Knox; he confirmed gold was present in the 1960’s, however over 50 years earlier.
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.