Posted on 09/12/2011 7:48:24 PM PDT by Kartographer
Gerald Celente On Collapse and Depression:
When is it going to collapse? As I’ve said, I’ve never seen a summer like this. I think we’re going to see the Winter of Discontent… You’re going to start seeing an unraveling more and more every day as you watch the news. So, October is my month, and it’s only a guesstimate, that we’re going to see the big unraveling.
Even if it doesn’t happen in October, because you don’t know what phony schemes they’re going to come up with, it’s going to happen eventually. And, that’s why I’m fully invested in gold.
(Excerpt) Read more at shtfplan.com ...
PING!!!
ping
Wut?
I gotta buy beans?
These people predict doom and gloom so much that they have cried wolf.
Been looking alot like 1931.
He says October because October is when notoriously bad things happen on the stock market. Expect that to happen this year in particular, because of our current Prez and his henchmen. Plus, Europe is going down the tubes too.
Gerald Celente On Collapse and Depression:
When is it going to collapse? As I’ve said, I’ve never seen a summer like this. I think we’re going to see the Winter of Discontent… You’re going to start seeing an unraveling more and more every day as you watch the news. So, October is my month, and it’s only a guesstimate, that we’re going to see the big unraveling.
Even if it doesn’t happen in October, because you don’t know what phony schemes they’re going to come up with, it’s going to happen eventually. And, that’s why I’m fully invested in gold.
…
Look at housing. How many times did they say the real estate market is turning around. It’s worse. It’s worse than it was during the Great Depression, and it’s only going to get worse.
…
We’re seeing a collapse happening. It’s an economic collapse worldwide.
China’s not going to make it out of it, Brazil’s not going to. That old saying ‘when America sneezes the world catches a cold’ – we’re the largest consumers hands down. Us and Europe are going under.
What we’re telling people is, know where you’re money is, because we’re going to see bank failures one after another.
On Civil Unrest:
Look what’s going on in the UK. Look at the riots – they called them hooligans and criminals. It’s the same thing that’s happening around the world. And it’s going to happen here in the U.S.
You know my saying, ‘when people lose everything, and they have nothing left to lose, they lose.’ And they’re losing it.
Use the UK as your model. They’re taking away all civil liberties.
What happens is, the more the government loses control, the harder they are going to crack down on us.
So, when you see a society where so many young people have no educations, they can’t get jobs, they’re wacked out on drugs… you think you’re going to see a lot more violence?
…The response is going to be ‘we gotta crack down on crime.’ The worse crime becomes, the harder they’re going to crack down on us.
They’ll use it… just as the United States used 9/11 to rape us of our Constitutional rights.
On Fear and Hysteria:
Look for a false flag attack – be it terror, or something along the line of fear and hysteria. Things are going to get very ugly. Crime is going to escalate at levels we’ve never seen before. The presstitutes are going to keep coming out with these phony figures, just like they do with inflation, just like they do with unemployment. They’re going to come out with them in crime.
On SHTF Planning:
You better learn how to protect yourself. Gerald Celente’s three G’s. Gold, Guns and a Getaway Plan. Because it’s not going to be nice.
Mr. Celente is a man who knows whereof he speaks. Ignore him at your peril.
celente and schiff have been very close tot the mark.
What he really means is it's only a guess.
I pm with celente often. He trains at the same self defense school as I do and actually wrote a book about his aunt who lived across the street from me.
e is the real dleal.
If you carefully parsed Sarah Palin's speech back in Labor Day, she essentially parrots this warning quite clearly, to say the least. This is why I expect her to announce her run for the Republican nomination, leading a political revolution through the ballot box that could be the most powerful movement in many decades.
Aunt Zizi?? I loved that book!
lived across the street from me for 30 years. I knew her personally along with her husband Al. I once broke his window in his orange Nova. y mom played bingo with her every week.
I connected w celente a few years ago and we pm. he trains self defense under the same school I do.
e is the real deal.
Bloomberg:European banks including UBS AG (UBSN), Barclays Plc (BARC), HSBC Holdings Plc (HSBA), Royal Bank of Scotland Group Plc (RBS) and Credit Suisse Group AG (CSGN) have announced more than 70,000 job cuts since midyear, compared with 42,000 by U.S. peers, according to data compiled by Bloomberg.As we pointed out elsewhere, the last time the Finance sector slashed jobs in a panic like this was 2008, heralding the mother of all recessions. The only one reason to not take this as the darkest of clouds on the horizon, is the possibility that this desperate move signals that we're that much closer to the end of this train wreck. But we cannot ignore the rule of threes, and by our count, this is "two."
October?
Duh.
The “recession” never ended, it was only paused by the Fed’s big credit card.
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