TRACKING THE GOLD AND SILVER INVESTMENT COMMUNITY, WORLDWIDE - AN UNOFFICIAL EDITING OF RELATED INVESTMENT COMMENTARY
Monday, August 31, 2015
Gerald Celente - Gold Is The Safe Haven For Coming Collapse
Gerald Celente, a top trends researcher, is "bullish on gold and contends, "Gold has been looked upon as when all else fails, there is gold. People will be looking for a safe haven commodity when this all begins to collapse. You are going to see riots in Brazil and more riots in Venezuela. I just got back from Italy. There are migrants everywhere. You got a war in Libya. You got a war in Syria. You got a war in Iraq. You got a war in Yemen. You got a war in Afghanistan. You have destabilization from Mali to the Congo, central Africa to Sudan to Somalia. These people are flooding out into Europe. There is no way of stopping this wave because besides the wars, you have crashing commodity prices. Commodities were holding these countries together as they were exporting it to China when China was manufacturing. This is when the Americans and Europeans were buying. What you are looking at are crises coming from many different levels. We are talking about economy, geo politics and civil wars to regional wars and social unrest.”