Gerald Celente's Gold And Silver Money Making Scheme Exposed.
Gerald Celente bets against the US dollar and uses ETF (that’s Exchange Traded Fund) to buy the futures on gold and silver
What’s a future? It’s a bet, a very simple gamble,
He predicts what thinks the future value is going to be,
And then simultaneously he bets against the US dollar,
He then comes out in the alternative media and starts talking about an imminent economic collapse, and he predicts these semi-regularly.
For example, in 2009, Celente claimed the world economy was going to collapse by February… which never happened.
Then in 2010 He said the “Flash Crash” was the “white shoe boys” preparing to collapse the global economy… aaand nothing happened.
What actually happened was the high frequency trading algorithms caused the stock market’s servers to crash.
And we know this, because some traders were arrested for doing it and the Knight Capitol hedge fund was outed in the process.
But because Celente didn’t tell people this, it caused a panic that he just so happens to be able to profit from.
He’s bound by FTC rules and regulations on what he can and can’t say, so he can’t tell you “BUY GOLD” but he can tell you gold might be a good investment and that’s what I’ve put my money into.
This generates via his media circuit presence a rather enormous listener base of potential customers, most of which, don’t have much money to spare and could not really afford to buy so much gold if there wasn’t actually an imminent “End Of The World As We Know It” Economic collapse.
But, seeing as his trades are private, there’s no way to prove it, However, because he bets against the dollar while purchasing gold and silver futures, we can deduce his intentions easily,
and that is to make a guaranteed profit,
If A: The dollars value drops,
He makes money by betting against it,
And B: If it doesn’t,
People buy gold and silver and he profits anyway.
It is also reasonable to assume that alternative media outlets that also have interests in precious metals, such as Ted Anderson’s GCN (Genesis Communications Radio Network) which is wholly owned by Midas Resources, a gold brokerage company.
Gerald Celente has stated that this is his retirement fund
And now, because of the Chinese stock market situation, a number of people have bought into the hype of a September collapse,
Just think about this for moment, is a real global market meltdown about to happen?
Or is it just another ploy so some people can make a lot more money for their retirement?
5/9/2015 01:01:50 am
Clemente has a huge slime factor tohim but one thing everyone has ignored is they did kill the economy in 2008.The only thing we have been running on is the massive print of worthless paper which will end very soon,it absolutely has to.I am a 26 yr veteran of the banking and now an Expat because of the system breaking me.Will never go back until the trash is taken of Government.Bush broke me in the 80s when they bilked my bank.Imperial Savings and Loan and killed two of my friends.
6/9/2015 02:16:47 pm
Gerald Celente may well be a sleazy profiteer but the global economy is a tragedy in the making. Let's talk about solutions, shall we?
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