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 More
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.Read More0