Big Bet of 2016: Buy Gold As Economic Outlook Dims

Gerald Celente — As Economic Outlook Dims, Gold Glows

Gerald Celente – Trends In The News – “As Economic Outlook Dims, Gold Glows” – (6/14/16)

“Renewed global growth concerns”, “foreign buyers flee Tokyo market” & “Big Bet of 2016: Buy Gold”


Bilderberg group has repeatedly tried to take down the most powerful economy in the world, but have come up short. But this time may be different.

  • Worries about a Chinese stock market collapse triggering a wider panic
  • Globalists at this year’s confab in Dresden, Germany are scheming to re-position their assets to ensure they exploit the coming market turmoil
  • Billionaire elitist George Soros has stepped back into trading
  • Soros, who was responsible for crashing the pound in 1992, is also betting against the American stock market

For the second time in the space of ten years, the powerful Bilderberg group is plotting to trigger a financial collapse, with elitists already positioning themselves to profit from the next economic meltdown.

Some people, like some of the people in here (Bilderberg), they can bet on which way the market’s going to go now based on derivatives and things like this and they can make a lot of money out of a crash, they can clean up a lot of distressed assets, so they will be looking possibly at making money from such a thing, which is a crazy situation for the world to be in now, said Gosling.

Is Gold an Ideal Investment?

With the fluctuating economy, dollar becomes a risky investment and gold becomes an ideal option for investors. There are different gold investments which can include direct ownership, allocated and unallocated gold accounts, gold mutual funds, gold exchange traded funds, digital gold currency, gold accumulation plans and gold bullion pensions.

The value of gold has been recognized since ancient times and until now, its value has not diminished. Since the government does not set any gold standard, its value cannot be controlled. Procurement of physical gold has lower costs and the refineries where gold bars can be acquired are usually established and trusted. Besides, bullion bars contain gold up to 99.5%.

Bullion coins, on the other hand, are another form of gold investing where investors start to collect gold coins which can serve as a valuable investment once they pile up. Although collecting may take time, it is a safe form of investment since there is a lower risk for the coins to be fake or stolen. However, investors must take note of the type of coin they will be buying since the gold contained by the coins varies.

In case an investor does not want to keep the gold himself, an allocated gold account can be opened to ensure the security of physical gold. A bank will be liable in keeping the gold bars or gold coins invested by the customer. The bank cannot defer or accrue any amounts on gold, so the investor only has to pay insurance costs and other expenses of the allocated gold account.

Contrary to allocated gold accounts, the unallocated gold account allows the bank to do whatever it wants to the gold of the investor. For instance, it can sell the gold in case it encounters financial crisis. As a result of this, there are no storage and insurance costs when one chooses an unallocated gold account.

Another gold investment opportunity is the gold exchange traded fund which works like the stock exchange. It is a kind of mutual fund that is backed up by gold and tracks gold prices. Although this type of investment has capital gain taxes, it is especially convenient for gold traders.

Other forms of gold investment include digital gold currency, gold accumulation plans, jewellery investments and gold bullion pensions.

These forms of gold investments open more opportunities for revenue. The unstable economy, inflation rates, and the declining value of stocks and dollar investments make gold a strategic choice for investment.

Will 2015 Be A Year Of Economic Disaster? 11 Perspectives

Will 2015 be a year of financial crashes, economic chaos and the start of the next great worldwide depression?  Over the past couple of years, we have all watched as global financial bubbles have gotten larger and larger.  Despite predictions that they could burst at any time, they have just continued to expand.  But just like we witnessed in 2001 and 2008, all financial bubbles come to an end at some point, and when they do implode the pain can be extreme.

Personally, I am entirely convinced that the financial markets are more primed for a financial collapse now than they have been at any other time since the last crisis happened nearly seven years ago.  And I am certainly not alone.  At this point, the warning cries have become a deafening roar as a whole host of prominent voices have stepped forward to sound the alarm.  The following are 11 predictions of economic disaster in 2015 from top experts all over the globe…

#1 Bill Fleckenstein: “They are trying to make the stock market go up and drag the economy along with it. It’s not going to work. There’s going to be a big accident. When people realize that it’s all a charade, the dollar will tank, the stock market will tank, and hopefully bond markets will tank. Gold will rally in that period of time because it’s done what it’s done because people have assumed complete infallibility on the part of the central bankers.”

#2 John Ficenec: “In the US, Professor Robert Shiller’s cyclically adjusted price earnings ratio – or Shiller CAPE – for the S&P 500 is currently at 27.2, some 64pc above the historic average of 16.6. On only three occasions since 1882 has it been higher – in 1929, 2000 and 2007.”

#3 Ambrose Evans-Pritchard, one of the most respected economic journalists on the entire planet: “The eurozone will be in deflation by February, forlornly trying to ignite its damp wood by rubbing stones. Real interest rates will ratchet higher. The debt load will continue to rise at a faster pace than nominal GDP across Club Med. The region will sink deeper into a compound interest trap.”

#4 The Jerome Levy Forecasting Center, which correctly predicted the bursting of the subprime mortgage bubble in 2007: “Clearly the direction of most of the recent global economic news suggests movement toward a 2015 downturn.”

#5 Paul Craig Roberts: “At any time the Western house of cards could collapse. It (the financial system) is a house of cards. There are no economic fundamentals that support stock prices — the Dow Jones. There are no economic fundamentals that support the strong dollar…”


Economic Disaster 2015


And while deflation is almost certain death, gold and silver remain steadfast.

This weekend, a reader sent me a Forbes article with one of the most clueless, disingenuous themes imaginable; i.e., “there is zero evidence (repealing Glass-Steagall in 1999) unleashed the financial crisis.” I have always been fascinated by Forbes’ flip-flopping around reality and delusion, especially as Steve Forbes is a notable gold bull; in fact, one of the most vocal advocates of a new gold standard. Then again, for a variety of reasons cumulatively depicting the flaws of human nature, even many of the financial world’s brightest minds refuse to acknowledge the most important factor driving them; i.e, the manipulation of markets by the “weapons of mass destruction” developed post-1999 by banks armed with modern technology, unlimited Federal subsidies, not a shred of regulation or oversight, and the often explicit guarantee that they are indeed “too big to fail.”

Why do I bring this up, as I write on what could turn out to be an utterly terrifying Monday morning? Because watching the, as Zero Hedge put it, “bidless” Euro open a cent and a half lower last night, amidst plunging oil prices and exploding fears of a Euro-killing “GrExit,” it truly horrified me to witness what derivatives have created. As first hinted at by the May 2010 “flash crash” – when the Dow plunged 700 points in minutes due to an overload of high frequency offers that created a vacuum of illiquidity costing hundreds of millions of instantaneous losses, derivatives have not only destroyed markets permanently, but driven retail and institutional participation to record low levels. The October 15th flash crash in Treasury yields – when the 10-year yield plunged from 2.21% to 1.87%, also in minutes, was a second blaring warning of what’s to come. And trust us, when “what’s to come” inevitably arrives – perhaps this year – if you haven’t already protected yourself, it will be too late to save yourself.

Deflation Cycle