Celente – The Worst Is Yet To Come For Stocks But Not For Gold
KingWorldNews.com
October 24, 2018
As we watch another wild day of trading unfold, today Gerald Celente warned that the worst is yet to come.
The Worst Is Yet To Come
October 24 (King World News) – Gerald Celente: The first shots of the “Economic 9/11” terror strike we warned of in our 19 September Trend Alert have been fired.
Equity markets across the globe are in turmoil and economies are sinking into recession, declining and/or stagnating.
No clearer example than China. Not only has the world’s second largest economy’s growth slowed to Panic of ’08 levels, the Shanghai Composite Index, down some 30 percent, keeps falling despite top government officials, regulators and bank heads who try to talk the market up … and prop it up by its National Team that has an established history of buying up equities to stop the selloff.
And while China’s markets are tanking and its growth slowing, with a debt-to-GDP ratio of 300 percent, it’s drowning in debt … as is much of the world…
The Rest…HERE
