We have all the signs of a temporary bottom forming in gold right now, and this includes gold mining stocks. My data is pointing this way and we should find out soon. I think we have a decent bounce, then one more big decline next year in a deflationary spiral, then we will finally be off to the races. Many …
Read MoreDec
29
2010
What Happened To Gerald Celente’s Crash Of 2010 Prediction?
By: Doug Eberhardt
Category: Gold
Tags: 2011 Predictions, banking crisis, buy gold, buy silver, China and Japan Selling U.S. Treasuries, Crash of 2010, Crash of 2011, deflationary credit contraction, GDP, Gerald Celente, Gerald Celente wrong, QE Infinity, QE2, quantitative easing, U.S. banking system, U.S. economy, U.S. Treasuries
Mar
23
2010
Is Gerald Celente Right About the "Crash of 2010?"
By: Doug Eberhardt
Category: Gold
Tags: buy gold, China, Crash of 2010, Economy, GDP, Gerald Celente, slave labor, U.S. Manufacturing
My point in critiquing Celente is on the timing of his “crash” prediction, not on whether or not there will be a crash. He will probably take credit for predicting the crash no matter when it occurs, but the reality of it happening in 2010 is a mystery to me, barring any external influences (like WWIII).
I also take issue with his simplistic concept of bringing production (manufacturing) back home” and his “slave labor” comment which I’ll address first.
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