Gerald Celente – The Staggering $225 Trillion Bubble, Economic Chaos And Why Gold Will Prevail
KingWorldNews.com
Oct.28, 2015
The top trends forecaster in the world warned King World News about the massive $225 trillion bubble, economic chaos and why gold will prevail.
October 28 (King World News) – Gerald Celente — It has become a Halloween ritual. A year ago, the Federal Reserve ended its quantitative easing bond-buying scheme, which started in 2008 and ballooned its balance sheet by $3.5 trillion. In response, world equity markets, which had been volatile all month in anticipation of the end of QE3, continued to fall…
Gerald Celente continues: “Some 48 hours after the Fed’s announcement to end its money pumping scheme, in a tightly coordinated central bank maneuver, the Bank of Japan showered the sagging markets with a heavy dose of monetary candy.
The headline on CNN Money read: “Money Halloween treat: Record stock market close…Who needs candy on Halloween when the stock market is giving out such big treats.”
Here’s how CNN summed up the news on Halloween, 2014:
“Those who stayed in the market despite the turmoil earlier in the month are having an extra Happy Halloween … .
Like the house that gives out the giant candy bars to trick-or-treaters, the Bank of Japan gave the market an extra large boost Friday by announcing additional stimulus measures. The move was unexpected, and markets around the world are surging on the news.”
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