Gerald Celente – Biggest Central Bank Gamble In History Fails As Gold Prepares To Skyrocket To $2,000

Wednesday, August 3, 2016
By Paul Martin
August 03, 2016

Today top trends forecaster Gerald Celente warned one of the biggest central bank gambles in world history failed as the gold market prepares to skyrocket to $2,000.

Trend Alert: Central Banks Shooting Blanks. Gold Bull Run
(King World News) Gerald Celente: After successfully boosting global equity markets with countless trillions of dollars, euro’s, yuan, yen, etc., but failing to raise incomes among the general population since the Panic of ’08, are central banks finally admitting their policies failed to induce true economic growth?…

Japan Rolls Snake Eyes
Despite expectations that the Bank of Japan would stimulate its nation’s foundering economy by driving interest rates further into negative territory, and that Prime Minister Shinzo Abe would fire his third Abenomic stimulus arrow, both missed the target. On the news this week that the BOJ held rates and the stimulus arrow was far smaller than markets anticipated, the Nikkei sunk further in a bearish trend and Asian markets moved lower.

Indeed, central banks are caught in a rate trap. If they raise rates, already slowing economies will further recede while stock markets and housing sectors relying on cheap money will falter.

The Rest…HERE

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