Sell Your Euros and Hoard Gold as ‘War’ Looms, Says Gerald Celente
By Tom Prendeville
Sunday October 28 2012
Renowned trend forecaster Gerald Celente is famed for having accurately predicted everything from the 2008 global economic crash to the demise of the dotcom bubble.
As publisher of the Trends Research Institute Journal, the gritty, no-nonsense, straight-talking New Yorker is an investor, historian, economist and philosopher, and has appeared on every major TV show in America. The New York Post said of him: “If Nostradamus were alive today, he’d have a hard time keeping up with Gerald Celente.”
This week, Mr Celente will be in Dublin giving a talk in the Gibson Hotel and ahead of his visit he shared some interesting thoughts on what lies ahead in 2013 and beyond.
“Ireland is heading the same way as the rest of Europe — down. Why would it get any better when you are imposing austerity, cutting pensions, raising taxes and making people work till they are dead? Ireland had its option to walk away from the EU — but didn’t. The people voted in the austerity coalition government — are they into sadomasochism? Sadly people often get what they deserve.”
As for giving Europe more centralised power to solve the economic quagmire, he is doubtful. “They say give us more power and we will fix it. They don’t know how to fix it.”