Gerald Celente - This Week in Money - 21 January 2012

[mkmason2002]

GROCERIES, GOLD, GUNS AND GOD.

[mkmason2002]

I see Obama was watching you again Gerald.

[mucker3000]

Probably will not be over at 2012, nobody knows for certain. Even if the euro defaults i'm sure all the governments in the world would stop it by raising our taxes.

[cultchaser]

The problem with the Occupy movement is the Delphi behaviors.. Just moving Sheeple from one cult to another...

[HGSpaceTime]

Prepare yourself, unsustainable debt soon to destroy America.

[LucBertolotti]

occupy washington before it's too late

[Quantosquiddy]

Indeed tough times are coming. Be prepared for a black swan event. Those who are struggling with normalcy biases will fall to that paradigm...

[iannetta11]

"Paper money eventually returns to its intrinsic value -- zero." Voltaire  French philosopher

[joewilder]

Anger isn't the answer. That's or sure. Everything that was said is more than likely true, but to have a decent place to live, we need decent people. To me, that's more important than if I work at Wall Mart or Wall Street. These ideas can be expressed without anger.

[DarkArabesque]

@Bernd1964 It doesn't have to be this way though. Just because a handful of greedy psychopaths are playing with everyone's money doesn't mean everybody had to accept returning to a Dark Age. The problem is, most people won't notice until this affects them personally, which is why things are going as they are . . .

[33commonsenseguy]

To bring the jobs back, wall street cannot exist in its current form ...

[martinbelmont]

Gerald is wrogn. 2012 is NOT going to be the end. Those people can run it for years by printing. He always says its the end. Shut up.

[keski2011]

@martinbelmont What about the countries that no longer want to trade in dollars, but in their own currency.They can print all they want assuming these other countries will except the dollar.

[toppgunn2232]

@martinbelmont its the end now none of these banks would be in buisness if the fed hadnt stepped in look to greece march 20 will be the day they default they wont be able to afford their bond payments this will kick in the cds here in the states which make them take huge cut.BOA put 79 trillion of cds debt on the fdic books what do you think will happen when the cds kick in this will bankrupt the fdic!they could extend it by printing by the ecb inflation here we come!

[ozonewdb]

jon corzine is a economic terrorist plain and simple, so waterboard the hell out of him and find out where the 1.3 billion went.

[mkmason2002]

@ozonewdb Now that statement was hysterical!!! LOL!

[ACatal1]

@ozonewdb Lol!

[StarCraftRaver]

Could it really get as bad as Germany was? I mean is this not a little too far fetched?

[htiberian]

@StarCraftRaver you're right it will be more like a softer Italy than Germany

[GunClingingPalin]

@StarCraftRaver For someone who has little or no education about currency(transaction instruments). For those of us who are fully informed, we are just waiting for the rest of the population to figure it out and THEN confidence will fail in mass... and THAT's when it gets as bad as Germany or worse. Study up son... and be very prepared.

[freesk8]

@StarCraftRaver You are probably right. There are a lot more tangible assets in the US than there were in 1920's Germany. But the point is that things can get really bad when there is hyperinflation. Hyperinflation can unleash forces that push countries towards dictatorship, or at least towards more oppressive govt than we already have. And hyperinflation is exactly what they are playing with here. They are playing with fire.

[Patriots4Liberty]

Thanks for your work Celente.

[pfmrokman]

You say Obama is bad... Is a rich 'money lender' going to be better for you?

What a tough choice.

[spokewhilehecould]

@pfmrokman Yeah, that's the problem. Both parties are the exact same. In fact if Obama had an R after his name the Neocon Republicans would love him. They only dislike him because he wears a different color jersey, "D" but when one examines policy, they are exactly the same, ...because they are owned by the same masters.