Gerald Celente Issues Major Trend Forecast For The Rest Of 2016
KingWorldNews.com
September 21, 2016
With the world focused on the Fed decision, today top trends forecaster Gerald Celente issued an important trend forecast for the rest of 2016.
Trend Alert: BIS Issues Warning As Gold Bides Time
(King World News) Gerald Celente — Central Bank policies rule the financial world. Their never-in-the-history-of-the-world negative and historically low interest rate policies, plus massive government and corporate bond buying schemes have enriched equity markets but not the general economy…
Gerald Celente continues: “In fact, what we have been forecasting and reporting since 2010 in our Trends Journal and Trend Alerts, the Bank for International Settlements confirmed this week with its warning that central bank behavior, not economic fundamentals, hold sway over markets.
BIS Issues Another Warning
Claudio Borio, head of the monetary and economic department of the BIS questioned whether “market prices fully reflect the risk ahead,” and “doubts about valuations seem to have taken hold in recent days.” Indeed true price discovery is dead. Despite massive Federal Reserve intervention in the US that has driven the Dow and NASDAQ to new highs, S&P 500 companies reported five straight quarters of year-over-year declines.
The Rest…HERE
