GERALD CELENTE: UKRAINE BANK RUNS COULD SOON BE SEEN IN EU AND U.S.
FEBRUARY 28, 2014
In the excellent interview below, Gerald Celente addresses concerns about terrorism, a World War, financial meltdown, & the risks of bank runs and bail-ins in Europe and the U.S. in the coming months.
He pointed out how Cypriot depositors lost savings in bail-ins and that in the Ukraine today “massive bank withdrawals are going on.”
Celente said that the 9/11 attack and subsequent restrictions on access to bank deposits in New York , when Wall Street was closed down for a few days, may be seen again. He warned of the risk that “ATM machines are not working anymore” and the authorities are “putting restrictions on what you can draw out.”
He advised owning physical gold and silver in your possession and said that the precious metals are like a “cash cow when you have the real deal”.
“If you have gold or silver, you are in a golden position,”