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Surging gold prices, Q1 stock market crash and Middle Eastern wars galore in 2014 predicts Gerald Celente

Posted on 30 December 2013 with 1 comment from readers

Well Gerald Celente was wrong with his predictions about a wider war in the Middle East this year. Will he be right for 2014? We hope not. Perhaps his prediction for a big rebound in the gold price will prove more accurate.

However, Mr. Celente does have a large following because of his incisive insights in the past. His willingness to suppose the unthinkable is chilling at times. Then again sometimes a dose of harsh reality is worth mulling over…

1 Comment posted by readers:

Comment by James Farmer - 16 January 2014

In 2014 we are heading for the biggest financial collapse in stock markets, commercial real estate, and bonds in world history. Maybe even exceeding the great depression, and this is all down to the debt crisis that never went away – Its even bigger now! – like Celente says the debt crisis never went away it just worked itself up the food chain. The Fed tapering will end badly either a massive crash or more QE then a dollar crisis. Around the world there will be multiplier events that will help crash the market further -The Japanese quadrillion yen debt crisis – The UK debt & deficit crisis – The China shadow banging crisis -The derivatives crisis – Maybe even a commodities crisis from mine developments which become unproductive.
Reduce your exposure to risky assets (companies with big debts) is all you can really do, companies like real estate investors with high gearing could crash big time!
Buy hard assets gold, gem stones, farmland, debt free residential property, and you should be able to ride the storm.

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