Kitco News, Released on 11/26/25

Is the U.S. economy booming, or are we witnessing the final act of a “Freak Show” before the curtain falls? In this explosive interview, Gerald Celente, the legendary trend forecaster and publisher of the Trends Journal, joins Jeremy Szafron to issue his most urgent warning yet. Despite the S&P 500 hitting record highs and Wall Street celebrating a “Thanksgiving Boom,” Celente argues these numbers are a dangerous mirage masking the onset of the “Greatest Depression.” Celente breaks down the eerie parallels between today’s AI-driven market and the 1999 Dot-Com bubble, pointing to a specific “signal” that suggests an 80% crash is imminent. He contends that the middle class has been hollowed out into what he calls “Slavelandia,” where rising debt and inflation have destroyed economic mobility for everyone but the top 10%. The interview takes a critical turn as Celente issues a bold new price target for precious metals, predicting Gold could surge to $5,000 and Silver could go “vertical” within just five months as the dollar weakens and global instability rises. Finally, he offers a chilling geopolitical forecast for 2026, explaining why failing empires historically use war as a final economic reset—and why he fears the U.S. may be heading down that exact path.

00:00 Intro
00:45 Defining the “Freak Show”
00:59 The Corporate Lie: Layoffs vs. Stock Buybacks
02:23 Global Revolutions: Why Gen Z Is Revolting
03:21 “Slavelandia”: The Death of the Middle Class
03:42 The Great Disconnect: Wall St. Boom vs. Main St. Bust
08:07 The End of Economic Mobility: “Everything is a Chain”
13:38 The Silent Banking Crash: Commercial Real Estate Time Bomb
25:23 “One Big Club”: Who Really Runs The Government?
26:27 CBDC Warning: From Dirty Cash to “Digital Trash”
27:11 The AI Job Apocalypse
28:31 Why The Mainstream Media Ignores Gold
29:54 The End of Empire: China vs. USA
30:28 The AI Bubble: Why It’s “Dot-Com 2.0”
42:05 The 2026 Warning: “When All Else Fails, They Take You To War”
48:27 Price Targets: Gold $5,000, Silver & Bitcoin Outlook

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.

  economy, gold, silver, stock market crash, trends