@indignant... Your the idiot indignant... the United States actually has the largest government held gold store in the world... held by the US Treasury.. and not the Federal Reserve. There is a difference between the two departments. One is constitutional... the other is not. While it is not currently backking the Federal Reserve Dollar... it could back currency printed by the US Treasury. Simply assuming the US has no gold or 'couldn't back' the currency issued by the Treasury is feeble minded.
DID CELENTE DO A MULTIMILLION DOLLAR GOLD FUTURES CONTRACT, LEVERAGED OUT LIKE CORZINE, AND THEN RISK HIS REPUTATION, TRENDS JOURNAL, STAFF, MONEY, AND FUTURE ON A GREEDY, WHITE SHOE BOY LEVERAGED SCHEME? WTF? ALEX JONES NEEDS TO ASK HOW MUCH MONEY IN GOLD CELENTE HAD LEVERAGED? PLEASE DON'T TELL ME CELENTE'S A CON AND WE'VE ALL BEEN CONNED. HOW CAN CELENTE BITCH ABOUT JESUS CHASING OUT MONEY CHANGERS WHEN CELENTE WAS PLAYING FOOTSIE WITH THE DEVIL AND CHANGING MONEY FOR FOR PAPER FOOLS GOLD?
Im more surprized that he actually spoke out about it.
People don't often like somebody who's promoting one thing to everybody but whos doing something very diffrently behind the screens for himself.
Like somebody promoting a candidate for an election but then votes on the opponent, as long as your not aware it's fine only once your aware you never really know what to think about that person again.
For all you people name callers, lets get this straight. I have a # of investment strategies. One of them is to buy gold futures. I've been doing it since 1978! Probably before a lot of you know-it-alls were born. My strategy was sound until the Corzine Gangstas took over a piece of the commodities market. I would buy a future with the understanding that I would take delivery at the agreed upon date. It's done with crops, precious metals, oil and other commodities. GET IT!!!
Well big players like Celente, who have very deep pockets, usually have several accounts, some of which are just used for trading. Some people like to gamble in Vegas, some people like to gamble in the commodities markets. This loss he took is a drop in the bucket for him and won't effect his core position in physical gold and silver. Good video!
EXCELLENT video. You made your point beautifully without ever saying a word. One of the alternative gurus -- maybe even G.C. -- says be your own banker. That means hold your own wealth. By the way, how about doing a brief video on how your chickens fit into your self-sufficiency plan. Eggs? Meat? Barter? Would love to hear about it. And how do you care for the chickens in winter? I assume you live in the northeast.
dont be too hard on Gerald. He fessed up. As most like-minded investors, he probably has his CORE positions in gold and silver and has 10 or 20% of play money that he wont cry over if he loses.
Maybe that MF holding was in gld/silver related assets. we dont know. Kudos.
This only reinforces what him and others say: have a core holding in physical. If you cant touch it, you dont own it.
Usually we hope to learn from our own mistakes. Rich is the man that learns from the mistakes of others!
@indignant... Of course its no longer backed by gold directly.. at least since 1971 when Nixon took us off the gold standard.. but you did not answer how fiat is not backed by law (it is) by definition 'FIAT' and its also backed by the Military... I do believe the Military could spewe your comments right back 'easily'. My point is that as long as we have fiat.. we are forced to trade it. It certainly is not ideal.
Best Video Iv seen you do.. really interesting that hes making deals with the same "white shoe boys" he criticizes on RT and all the little radio shows he does.
I also have a big problem with the fact he said that Americans were a bunch of wimps and that we were essentially too lazy to protest and then when Occupy Wall Steet starts up he acts like he knew it all along. I stopped my subscription to his videos for this reason.
The white-shoe boys took him to shinetown. Those shine-boys double-buffed GC. They put a spit-shine on those paper assets. They gave that account the brush and polish. Florsheim City. Johnny C. said " give 'im the laces".
Not that I care, but he may have had only a small amount of his investments in the paper game. If you want to play the ups and does a bit than a little bit of fun money in paper wouldn't be that big of a deal. Good video SF regardless, thanks for the eye opener.
did you just realize this? hes been right on most of his predictions, but he also said that he was 50 percent into euros and 50 percent swiss francs, now hes into gold etc, so thats an inconsistancy, however the rest of the stuff hes pretty much dead on, again interpert things within reason.
Hey, to do the pirate thing correctly you got to at least wear an eye patch and show pieces of eight ya know, arrrrgg. Nice clip though , at least we all can see what can happen to the rest of us.
There are many ways to deal in Gold. Like a lot of people Gerald Celente went down the paper route as well as i suspect owning "physical" gold. Like many of those who own Gold and stocks a diverse "port Folio" is he norm. To hedge because you do not keep all your eggs in one basket.. However as Mr Celente points out, he had no idea that his Gold Trading account had anything to do with a Hedge Fund (and a particularly bad Hedge Fund at that). The tenticles of "The White Shoe Boys" spread wide.
So , Gerald , what is your true allocation? Precious metals and currency and/or dabbling in the futures markets side by side with the white shoe boys. You know the same ones you despise so much. I'll take everything you say with a grain of salt when listening to you from now on.
at one point he was mostly Euro.. then it tanked and all of a sudden he was zero Euro. As to futures, I used them (at MF global) to zero out risk on stocks. Instead of having to liquidate stocks or buy short etfs, I simply sold an ES contract. Futures is risky, supposedly (falsely) having a futures account is not! This is what too much leverage does when it blows up.. Savings get destroyed.. In this case across balance sheets. This could have happend at Fidelity Black Rock, JPM
Like Joe says...the only guru you follow diligently...is the one in the mirror. Gerald getting caught with his pants down? No shock. Not really. Sometimes...its the best swimmers that drown. A lesson for us to take into the future. And I know what fine print I will be reading...the print on the silver in my hand.
Too bad he couldn't predict this trend in his portfolio. Sometimes you're caught on predicting events for others, you forget about yourself... no good.
To think Gerald Celente had the the nerve to do a recent interview with James Turk of Goldmoney. What planet do these people live on? Play with fire, expect to get burnt.
a high percentage figure allocation can be quite misleading as well. if somebody says that they're 90% into something, whatever it may be, 90% of how much? .... $100 dollars?
I like Gerald, but he should have "trendcasted" something was up since Lind Waldock had the name change a few months ago...also he really needs to lost the Felix Ungar scarf.
Even I knew that Lind Waldock was gobbled up by MF Global and I have never dealt with either of them. Sounds like Gerald Celente is pretty poor at due diligence.
He should be a wealthy person and having small % in paper would be very normal. I dont see any problem with that. If I am 5% in paper and 95% in silver am I 5 % paper bug ?
Cash is insured via SIPC so eventually amounts under like $100,000 cash positions are insured by the government. (assuming it was cash). If it's in a MF Global fund that is likely another story and what the auditors are figuring out now....(it's all frozen so they can conduct a financial forensic examination. Celente said he just had cash in the account. My guess is he will eventually get a check from SIPC.
Lind-waldock is crippled likely fatal given they used a lot of products available via MF Global. As many client accounts like Celentes are frozen until the auditors can find Waldo.... It assuredly is 'not good' at Waldock.
yeah! i can't believe Celente would buy paper gold/or silver?? Hasn't he preached the cause of buying physical?? Oh wait,i'm thinkin of Max Kaiser,Doh! I don't care to here him whine when he knows better! I'd take a truckload of physical anyday.The only way you lose it is if someone "physically" takes it from you,or you decide to sell it.
its called risk taking he is trying to profit and get out at the right time but as usual lessons will be learnt the hard way the paper market is just that not worth the paper it not printed on lol thanks joe
Way to call out the scamers. It seems as though every one lies, bankers,politicians,lawyers you name it. Do your home work people. "Pay no attention to the man behind the curtian" to quote the great and powerful OZ
MF BLOW ALL was run by ex Goldman exec...you play with snakes you get bit. ...he should have known better...all he had to do is go to Muckety maps and he could have seen all the players involved and where they came from...its his fault
@atksingh Roosevelt dimes are your absolute best bet...because, dimes you can get at around melt price, and typically Roosevelts are in great condition. AND...the chinese have NOT faked them, unlike all other silver coins. I actually just bought 600 of them for $2.55 each this morning. I buy all the dimes I can afford. I do have 999 Fine, but I buy from big dealers, like Gainsville Coins or Apmex. I only buy Eagles, Maples, Wildlife series, Engelhard, Pandas, Kookaburras etc.
Yeah, I think it's odd that so many people talking about this corrupt system would have their money in entities like MF Global. I also thought it was odd for a trends researcher not to know who had access to his money.
@DEMCAD I also have some stocks and I do not have a clue who owns my broker. I assume that they do not touch my assets, but what MF global CEO did is a new low.
Gerald Celente is going to be thrown under the bus, with this information. His word is not as golden, when he talks about owning the metals and not playing the paper market, cuz it's rigged.
Ya gotta scam to draw big time attention to yourself, GC is no different from anyone else. He is closer to the truth than most, but no one (as you, SF, so often warn) should let him do their thinking for them. GC is a helluva self promoter, nice catch SF...er, I mean Mr. Pirate.
Did Gerald Celente say WHEN this happened? (Being eff'd by MF Global) Could this have happened long ago? A lesson he learned before his current position?
Silverfuturist.. Thanks,i belive in the near future nickels will trade at multiples of face,they already cost 9 cents to make,and are worth 7. A local coin store in ks ,buys pre 82 pennys at 2x face
I'm guessing that was his gambling money. And that he kept his savings in gold / silver but had some mad money in an account that could be used to ride the waves in the futures market (he is a trends forecaster).
BYW Celente is FOS even I knew Lind Plus was where Jim Cominsky first started vloging in the same office that turned into MF global....the people who keep talking about the sheeple are the one's who rely on the new and improved sheeple to buy their sheeple goods.
Gerald Celente should have listened to his own advice. People screw up like that all the time. More emphasis on what is going on. The whole paper system is Poni scheme. Hold paper at your own risk.
@davinci.... Bit coin.... Interesting model for sure but who is printing the bit coins? While likely run by good people now... Highly susceptible to bit coin manipulation. Your going to sell your gold bar for a digital money? Unless the bit coins are backed by assets that system is actually less solvent than the US Dollar. The dollar is at least backed by some gold in Fort Knox! (assuming it exists in Fort Knox).... that and rule of law. What law or assets back bit coins?
@clarkbaker The dollar is NOT backed by any Ft. Knox gold, nor other gold, nor ANYTHING else. How did you talk yourself into the fiction you just spewed?
You guys are a little harsh on Celente? Everyone that is ripping on him has never written a check or used a financial institution? Until they all fail we all have risk at these institutions. The goal, as it should always be, is to do due diligence yourself and figure out the best places to put your fiat cash in the best one. Odds are a cash position is insured by the SPIC... They are likely trying to figure out how much was lost.
GC is full of crap, what have you ever learned from him that wasnt already known. Just another talking head who happens to be negative on a few things but with no insight
Gerald Celente investing with the white show boys. What's next? Photos of him eating at Pizza Hut! Let me repeat the lesson here for all of us: if you can't touch it, you don't own it!
Even though Mr Celente was calling me something along the lines of a delusional psychopath I can't think of any reason to berate him for not putting all of his money into one investment place in times like these because what were experiencing is a systematic destruction of wealth & no one is safe.
@indignant... Your the idiot indignant... the United States actually has the largest government held gold store in the world... held by the US Treasury.. and not the Federal Reserve. There is a difference between the two departments. One is constitutional... the other is not. While it is not currently backking the Federal Reserve Dollar... it could back currency printed by the US Treasury. Simply assuming the US has no gold or 'couldn't back' the currency issued by the Treasury is feeble minded.
clarkbaker 2 months ago
because some idiots believe his Berrmuda's bank MFGlobal would tell him their masters are wall street ??
some are really ridiculously stupid
dombadil 2 months ago
Good Gerald, Youre nothing but a promoter. Crash 2010? Now Crash around Christmas 2011? This guy talks in circles
torontobills 3 months ago
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DID CELENTE DO A MULTIMILLION DOLLAR GOLD FUTURES CONTRACT, LEVERAGED OUT LIKE CORZINE, AND THEN RISK HIS REPUTATION, TRENDS JOURNAL, STAFF, MONEY, AND FUTURE ON A GREEDY, WHITE SHOE BOY LEVERAGED SCHEME? WTF? ALEX JONES NEEDS TO ASK HOW MUCH MONEY IN GOLD CELENTE HAD LEVERAGED? PLEASE DON'T TELL ME CELENTE'S A CON AND WE'VE ALL BEEN CONNED. HOW CAN CELENTE BITCH ABOUT JESUS CHASING OUT MONEY CHANGERS WHEN CELENTE WAS PLAYING FOOTSIE WITH THE DEVIL AND CHANGING MONEY FOR FOR PAPER FOOLS GOLD?
JoeJacari 3 months ago
hes a liar?!
leafthorn007 3 months ago
He didn't know that the "white shoe boys" owned it. I mean who really reads the fine print anyway and it might not have even been in the fine print.
brezzyant 3 months ago
What is he doing with money in Wall street ?
BLynchCAN 3 months ago
smh!
hiphopsocnroc 3 months ago
yeah man, so TRUE!!!!
azerovc 3 months ago
famous quote: When Gerald loses everything , he has nothing else to lose, he loses it.
GVFX 3 months ago 6
@GVFX ROFLMAO
GuysCallMeShawna 3 months ago
@GVFX bro best thing
plabudotcom 3 months ago
So many people out think themselves. Buy physical gold and silver on the dips and hold. How simple is that?
buyred 3 months ago
It's simple. BUY PHYSICAL GOLD. BUY PHYSICAL SILVER. DO NOT WAIT. TAKE YOUR MONEY OUT OF THE BANKS.
clearasvodka 3 months ago
Im more surprized that he actually spoke out about it.
People don't often like somebody who's promoting one thing to everybody but whos doing something very diffrently behind the screens for himself.
Like somebody promoting a candidate for an election but then votes on the opponent, as long as your not aware it's fine only once your aware you never really know what to think about that person again.
Clausewitzz 3 months ago
AARRGG MATIE!! the point on a tri-corner hat goes in the front ya scurrrvy dog!
bluefirekey 3 months ago
This has been flagged as spam show
For all you people name callers, lets get this straight. I have a # of investment strategies. One of them is to buy gold futures. I've been doing it since 1978! Probably before a lot of you know-it-alls were born. My strategy was sound until the Corzine Gangstas took over a piece of the commodities market. I would buy a future with the understanding that I would take delivery at the agreed upon date. It's done with crops, precious metals, oil and other commodities. GET IT!!!
Gerald Celente
gcelente 3 months ago
Well big players like Celente, who have very deep pockets, usually have several accounts, some of which are just used for trading. Some people like to gamble in Vegas, some people like to gamble in the commodities markets. This loss he took is a drop in the bucket for him and won't effect his core position in physical gold and silver. Good video!
bigdad06 3 months ago
Wow. I would've never seen this coming from Celente of all people.
GuysCallMeShawna 3 months ago
ha ha Gerald got taken by the "white shoe boys" he's always preaching against, gotta love when hypocrisy shows it's face!
troybr79 3 months ago
shocking ! ; mega more shocking if you had MFG pm's account !
better keeping physical pm's under your bed like I do, lol
" the poormans way "
silverdollar3 3 months ago
i love the ending.. i gues its 99.999
ajvhan 3 months ago
You continue to make a lot of sense with excellent insight.
And you got a cool lady friend that you've been hanging with. :-)
1kings1918 3 months ago
EXCELLENT video. You made your point beautifully without ever saying a word. One of the alternative gurus -- maybe even G.C. -- says be your own banker. That means hold your own wealth. By the way, how about doing a brief video on how your chickens fit into your self-sufficiency plan. Eggs? Meat? Barter? Would love to hear about it. And how do you care for the chickens in winter? I assume you live in the northeast.
XYZWildChild 3 months ago
this does not undermine his message whatsoever. if anything it reinforces it.
rogertaggart 3 months ago
dont be too hard on Gerald. He fessed up. As most like-minded investors, he probably has his CORE positions in gold and silver and has 10 or 20% of play money that he wont cry over if he loses.
Maybe that MF holding was in gld/silver related assets. we dont know. Kudos.
This only reinforces what him and others say: have a core holding in physical. If you cant touch it, you dont own it.
Usually we hope to learn from our own mistakes. Rich is the man that learns from the mistakes of others!
rogertaggart 3 months ago
@indignant... Of course its no longer backed by gold directly.. at least since 1971 when Nixon took us off the gold standard.. but you did not answer how fiat is not backed by law (it is) by definition 'FIAT' and its also backed by the Military... I do believe the Military could spewe your comments right back 'easily'. My point is that as long as we have fiat.. we are forced to trade it. It certainly is not ideal.
clarkbaker 3 months ago
nice job i like how you called out bob chapman for some of his fibs also.
fancychance57 3 months ago
This is good stuff!! keep up the great work man!
puga420 3 months ago
Best Video Iv seen you do.. really interesting that hes making deals with the same "white shoe boys" he criticizes on RT and all the little radio shows he does.
I also have a big problem with the fact he said that Americans were a bunch of wimps and that we were essentially too lazy to protest and then when Occupy Wall Steet starts up he acts like he knew it all along. I stopped my subscription to his videos for this reason.
Brightpathos 3 months ago
Trust NOBODY
bluemeeni1658 3 months ago
The white-shoe boys took him to shinetown. Those shine-boys double-buffed GC. They put a spit-shine on those paper assets. They gave that account the brush and polish. Florsheim City. Johnny C. said " give 'im the laces".
ACIMpsychology 3 months ago
Not that I care, but he may have had only a small amount of his investments in the paper game. If you want to play the ups and does a bit than a little bit of fun money in paper wouldn't be that big of a deal. Good video SF regardless, thanks for the eye opener.
NateWorksFromHome 3 months ago
To me, anybody who gets mainstream media appearances is a possible double agent who's there to misguide people.
Have you ever thought that Max Keiser is a possible agent who wants to cause revolutions?
ninjaguy123 3 months ago
@ninjaguy123 I think there are more opportunists than agents.
silverfuturist 3 months ago
did you just realize this? hes been right on most of his predictions, but he also said that he was 50 percent into euros and 50 percent swiss francs, now hes into gold etc, so thats an inconsistancy, however the rest of the stuff hes pretty much dead on, again interpert things within reason.
desertgreek 3 months ago
i don't see what's wrong with playing the paper game as long as its a small proportion of your net assets.
what most gold bugs do is play the paper game and roll their profits into the purchase of more physical metals.
orangedac 3 months ago
whom to truss these days?
squellock 3 months ago
BANKSTER PIRATE!!!!! HAHAHA LOVE IT!
BigKidCountry 3 months ago
Have you checked out Rickard's new book Currency Wars yet? He's been doing some great interviews about it lately.
artdeco101010 3 months ago
Hey, to do the pirate thing correctly you got to at least wear an eye patch and show pieces of eight ya know, arrrrgg. Nice clip though , at least we all can see what can happen to the rest of us.
MrMaineack 3 months ago
There are many ways to deal in Gold. Like a lot of people Gerald Celente went down the paper route as well as i suspect owning "physical" gold. Like many of those who own Gold and stocks a diverse "port Folio" is he norm. To hedge because you do not keep all your eggs in one basket.. However as Mr Celente points out, he had no idea that his Gold Trading account had anything to do with a Hedge Fund (and a particularly bad Hedge Fund at that). The tenticles of "The White Shoe Boys" spread wide.
ludwigvonsteampole1 3 months ago
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ludwigvonsteampole1 3 months ago
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ludwigvonsteampole1 3 months ago
So , Gerald , what is your true allocation? Precious metals and currency and/or dabbling in the futures markets side by side with the white shoe boys. You know the same ones you despise so much. I'll take everything you say with a grain of salt when listening to you from now on.
FOXBAT6 3 months ago
Excellent point about the fine print on a silver coin. It describes how fine your investment really is, not how someone can steal it from you.
tuubydude 3 months ago
lol i love silverfuturist
twistedbydsign99 3 months ago 5
@twistedbydsign99 Thanks! Your comment is a big reason why I make videos!
silverfuturist 3 months ago 2
WHaaa? hahahahahahaha welcome to the carnival!!!!
MrPdmsh 3 months ago
at one point he was mostly Euro.. then it tanked and all of a sudden he was zero Euro. As to futures, I used them (at MF global) to zero out risk on stocks. Instead of having to liquidate stocks or buy short etfs, I simply sold an ES contract. Futures is risky, supposedly (falsely) having a futures account is not! This is what too much leverage does when it blows up.. Savings get destroyed.. In this case across balance sheets. This could have happend at Fidelity Black Rock, JPM
wepollock 3 months ago
Celente might as well stick his head in a Paper Bag.
Well, at least he admitted his own hipocracy.
What a teaching moment.
Is there a spell check on You Tube ?
prepper1024 3 months ago
@prepper1024 I don't require a spell check if you friendly and identify that you don't know how to spell a word.
silverfuturist 3 months ago
@prepper1024 hypocrisy. ;-)
ACIMpsychology 3 months ago
If you go back and listen to past interviews, Celente said he was in PHYSICAL gold. He never said he owned paper. Hmmm....
JP5466 3 months ago
Celente didnt get the topic yet.
He is still a paper bug.
I hope, Celente STOPS commenting on the metal markets for which he lacks sufficient qualification.
ulirieger 3 months ago
Like Joe says...the only guru you follow diligently...is the one in the mirror. Gerald getting caught with his pants down? No shock. Not really. Sometimes...its the best swimmers that drown. A lesson for us to take into the future. And I know what fine print I will be reading...the print on the silver in my hand.
Zhollamychalis 3 months ago
LMAOOOOO!!!
I read the fine print on that one, too!!!
Robert697 3 months ago
He dun goofed
CrazyEurazion 3 months ago
Fine print = "999 FINE SILVER". I think I'll be okay with my investment!
beerandgolf68 3 months ago
"Well ... I read the fine print on this one!"
No truer words said! Just goes to prove that if you don't hold it (in your hand) you don't own it.
:)
0muffins0 3 months ago
current events form future trends, celente didnt see this coming? not much of a forecaster...
donniebrasco24 3 months ago
good find
loxety 3 months ago
Sounds like Celente was still in the Casino with the Gambinos ....
wakeupsheople 3 months ago
Gerald was taking his last dance on the sinking titanic, thinking he could get into the life boat in time before anyone else
outforsushi 3 months ago
As Peter Schiff said you could wake up one day and find yourself broke. Traders are taking a big risk
outforsushi 3 months ago
Why'd you put on a suit jacket for the pirate imitation?
Lind Waldock was bought by MF Global just a few months ago.
nontrainspotter 3 months ago
looks like celente was hedging against real assets & got effed. irojnic. very.
nayanmalig 3 months ago
Shame on you Gerald you fell for the paper ponzi scam and you got burned. Physical PM ONLY, don't trust banks Guns & Ammo are your best security.
D33Lux 3 months ago
and then banks wonder why everyone is withdrawing everything..
doc7474 3 months ago
He should have had a ton of silver eagles in his basement instead.
puapake 3 months ago
That might have been business corporate investments not his personal investments....JAZ
JASPERMESSINGABOUT 3 months ago
even schiff slipped and said he has alot of money with bofa, then he back peddaled and gave some excuse. your right u never know.
peppegg 3 months ago
You're crazy silvefuturist that's what i learned. ..but point taken.
AccuracyMarked 3 months ago
Too bad he couldn't predict this trend in his portfolio. Sometimes you're caught on predicting events for others, you forget about yourself... no good.
theonlyexpert 3 months ago
Gerald. You should have known better.
dgmoocher 3 months ago
To think Gerald Celente had the the nerve to do a recent interview with James Turk of Goldmoney. What planet do these people live on? Play with fire, expect to get burnt.
b6hab 3 months ago
silver and groceries thats all I believe in
GIRLOFCELJE 3 months ago
a high percentage figure allocation can be quite misleading as well. if somebody says that they're 90% into something, whatever it may be, 90% of how much? .... $100 dollars?
jasebishop 3 months ago
So did I.
ryanswan0 3 months ago
PHYSICAL GOLD AND SILVER. IF IT'S NOT IN YOUR HAND YOU DON'T OWN IT.
Celente ... you already called them the Gambinos. You should have KNOWN
ytgv3fc7 3 months ago in playlist 1 2011 11nov 12
@ytgv3fc7 Thanks for the amazing advice. Do you do life coaching too?
ryanswan0 3 months ago
@ryanswan0 as a matter of fact I have but always in conjunction with another goal.
ytgv3fc7 3 months ago
Celente has and will always be full of shit...
rollinglibs1012 3 months ago
He is NOT obliged to disclose 100% of what he does .... he just gave the gist.
edmack4me 3 months ago
I like Gerald, but he should have "trendcasted" something was up since Lind Waldock had the name change a few months ago...also he really needs to lost the Felix Ungar scarf.
EVRYMANaKING 3 months ago
Thank you for reminding everyone why physical is the only safe play! Forget the haters stack the metal!!!
SuperEye2eye 3 months ago
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Hyperborea2012 3 months ago
I like Jackieo but i like your videos more when she isnt a part of them.
a10fjet 3 months ago
Even I knew that Lind Waldock was gobbled up by MF Global and I have never dealt with either of them. Sounds like Gerald Celente is pretty poor at due diligence.
blazefury2010 3 months ago
And the geeks shall inherit the earth...
tabcan 3 months ago
wHEN did you made that interview with Chris Marterson ?
THESHADOWATCHER 3 months ago
That's what u get 4 trading paper .
DuvallSilver 3 months ago
Allocated Storage means 10,000 people own the same piece of Gold/Silver.
This is a bigger scam than Fractional Reserve Banking, it should be called Fractional Reserve Metals.
JPMorganMustDie 3 months ago
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Hyperborea2012 3 months ago
I think I learned to hold physical.
paulwood222 3 months ago
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Hyperborea2012 3 months ago
Kicked again by the WhiteShoe Boys.
disclosurenow9 3 months ago
ALL BANK LOANS
milestracy 3 months ago
Words ain't worth reading. If the judge refuses to enforce contracts (all bank loans) then there ain't any point in reading any print.
milestracy 3 months ago
Now he finally has something new to talk about. That guy has the same talking points for 8 years.
JTPNYC95 3 months ago
is surprising that celente would be caught this way... yes mattresses are best i think... i guess his mattress would have to be very large... :-)
skybirdbird 3 months ago
Celente has repeatably said he is 100% in precious metals. He lies too just like the rest of them.
MamaOkie 3 months ago
He should be a wealthy person and having small % in paper would be very normal. I dont see any problem with that. If I am 5% in paper and 95% in silver am I 5 % paper bug ?
Alexiscom1 3 months ago
@Alexiscom1 ...you're only a paper bug if you like the idea of fiat currency.
TheMetalElement 3 months ago
1:01 - 1:17 rooster stare down. ( -)> <(- )
TheMetalElement 3 months ago
As GC would say "It's them white shoe boys!"
SirStackAlloT 3 months ago
Cash is insured via SIPC so eventually amounts under like $100,000 cash positions are insured by the government. (assuming it was cash). If it's in a MF Global fund that is likely another story and what the auditors are figuring out now....(it's all frozen so they can conduct a financial forensic examination. Celente said he just had cash in the account. My guess is he will eventually get a check from SIPC.
clarkbaker 3 months ago
Lind-waldock is crippled likely fatal given they used a lot of products available via MF Global. As many client accounts like Celentes are frozen until the auditors can find Waldo.... It assuredly is 'not good' at Waldock.
clarkbaker 3 months ago
hahahahahahahahaha Gerald 'Clown' Celente
Only1Transporter 3 months ago
Wow. If that is true I wonder how much he will lose on that. Is Lind Waldoch out of business too?
ArgentPur 3 months ago
yeah! i can't believe Celente would buy paper gold/or silver?? Hasn't he preached the cause of buying physical?? Oh wait,i'm thinkin of Max Kaiser,Doh! I don't care to here him whine when he knows better! I'd take a truckload of physical anyday.The only way you lose it is if someone "physically" takes it from you,or you decide to sell it.
1dabirdman 3 months ago
Intrinsic value stored where you can immediately put your hands on it!
drutter 3 months ago 7
i love it, seem he is a hyprocrite
colinjockgraham 3 months ago
IF YOU CAN"T HOLD IT, YOU DON"T OWN IT. That simple.
whygoldandsilver 3 months ago
its called risk taking he is trying to profit and get out at the right time but as usual lessons will be learnt the hard way the paper market is just that not worth the paper it not printed on lol thanks joe
rolficus 3 months ago
More proof Celente is a fucking idiot. He predicts everything, but couldnt see this coming? pleeease!
futureworksexpress 3 months ago
Physical silver is the way to go.
MyNameIsChrisR 3 months ago
Great vid Joe. This is all new to me. I never knew Celente was a paper pusher. I told you to be careful with all these guys.
EXP0SEtheFRAUDS 3 months ago
Way to call out the scamers. It seems as though every one lies, bankers,politicians,lawyers you name it. Do your home work people. "Pay no attention to the man behind the curtian" to quote the great and powerful OZ
something wicked this way comes.
rjcjuntwait 3 months ago
I would have thought Gerald Celente would have known better.
PS: The wench in me Loves the pirate outfit :)
SilverLadyBug999 3 months ago 5
@SilverLadyBug999 Silver wench! In a positve way of course :)
silverfuturist 3 months ago
@SilverLadyBug999
hehehehehe
drutter 3 months ago
MF BLOW ALL was run by ex Goldman exec...you play with snakes you get bit. ...he should have known better...all he had to do is go to Muckety maps and he could have seen all the players involved and where they came from...its his fault
centervilletn 3 months ago
HE GOT SOLD OUT!
DgurlSunshine 3 months ago
Real men admit and learn from their mistakes.
grassytroll 3 months ago
"ok so, 'arrg'" lol
stonereflex 3 months ago
@atksingh Roosevelt dimes are your absolute best bet...because, dimes you can get at around melt price, and typically Roosevelts are in great condition. AND...the chinese have NOT faked them, unlike all other silver coins. I actually just bought 600 of them for $2.55 each this morning. I buy all the dimes I can afford. I do have 999 Fine, but I buy from big dealers, like Gainsville Coins or Apmex. I only buy Eagles, Maples, Wildlife series, Engelhard, Pandas, Kookaburras etc.
silverexplosion 3 months ago
Buy physical Celente you idiot
sljs1010 3 months ago
@sljs1010 The paper profits are just that ...paper. GET A CLUE> LEARN A LESSON< I DID
cpgone 3 months ago
WOW!
takeeoutee 3 months ago
@atksingh Junk because small demoninations. For bigger investors, get mint cases (monster boxes) or somehting similar.
silverfuturist 3 months ago
Yeah, I think it's odd that so many people talking about this corrupt system would have their money in entities like MF Global. I also thought it was odd for a trends researcher not to know who had access to his money.
DEMCAD 3 months ago
@DEMCAD I also have some stocks and I do not have a clue who owns my broker. I assume that they do not touch my assets, but what MF global CEO did is a new low.
modelmark 3 months ago
Gerald Celente is going to be thrown under the bus, with this information. His word is not as golden, when he talks about owning the metals and not playing the paper market, cuz it's rigged.
hotsaucze1 3 months ago
Looks like that investment "wasn't worth the paper it wasn't printed on"
TheBullionBoy 3 months ago 31
This has been flagged as spam show
@TheBullionBoy HA HA HA
dynomike1964 3 months ago
@TheBullionBoy that's some funny shit LOL
madmikeof74 3 months ago
I think Celente talks shit sometimes. I like him. But, I trust no one....
lawes84 3 months ago
When he gives us a breakdown of where his money is, he never gave us a percent for MF Global.
YouSayYouWantA 3 months ago
Canadian Nickels!
clarkbaker 3 months ago
@George. Just throw in an occasional 1 oz pure nickel bar and they won't be able to assay that they were formerly nickels.
clarkbaker 3 months ago
Ya gotta scam to draw big time attention to yourself, GC is no different from anyone else. He is closer to the truth than most, but no one (as you, SF, so often warn) should let him do their thinking for them. GC is a helluva self promoter, nice catch SF...er, I mean Mr. Pirate.
NAVYGOLDEIGHTFOUR 3 months ago
I like the way you- SF are able and willing to question most anything and anyone.
MrPhajlee 3 months ago
I remember Celente a couple of years ago talking about how he had a small speculation position because he liked to gamble.
meluaufeet 3 months ago
Did Gerald Celente say WHEN this happened? (Being eff'd by MF Global) Could this have happened long ago? A lesson he learned before his current position?
Thanks,
KiTTeNChaoSS 3 months ago
Silverfuturist.. Thanks,i belive in the near future nickels will trade at multiples of face,they already cost 9 cents to make,and are worth 7. A local coin store in ks ,buys pre 82 pennys at 2x face
littlegiantkennel 3 months ago
WHAT HAPPENED TO JIM COMISKEY?!?!?
And how did Gerald not know MF Global was owned by LindWaldok.
I have never traded paper and even I knew that?
IAMSLATTERY
LuminousViews 3 months ago
@atksingh I'd recommend junk silver because they are still widely recognized yet have a low spot price compared to bars, rounds, eagles or maples.
penguinistas 3 months ago
I'm guessing that was his gambling money. And that he kept his savings in gold / silver but had some mad money in an account that could be used to ride the waves in the futures market (he is a trends forecaster).
penguinistas 3 months ago
I love how you degenerate morons think Gerald cant handle this little mishap. He's no fool and will still come out 10 times better than most of you.
trueredexe 3 months ago
well he is probably very diversified .....he has his eggs in more than one basket ...
povertyincanada 3 months ago
Are all nickels good to save, or only before a certain year?
ndrthrdr1 3 months ago
@ndrthrdr1 all nickels are worth saving for the copper content, but 1942-45 are 35% silver =P
RadocracyTV 3 months ago
His problem wasn't in trusting the futures market, it was in trusting the wrong futures broker.
rayomans 3 months ago
@rayomans exactly.
lawes84 3 months ago
Oh and MF Global=ex Gov Corzine= MotherF@#ker Global to G. Celente.
valhala56 3 months ago
BYW Celente is FOS even I knew Lind Plus was where Jim Cominsky first started vloging in the same office that turned into MF global....the people who keep talking about the sheeple are the one's who rely on the new and improved sheeple to buy their sheeple goods.
CosmicDramaQueen 3 months ago
Gerald Celente should have listened to his own advice. People screw up like that all the time. More emphasis on what is going on. The whole paper system is Poni scheme. Hold paper at your own risk.
valhala56 3 months ago
@davinci.... Bit coin.... Interesting model for sure but who is printing the bit coins? While likely run by good people now... Highly susceptible to bit coin manipulation. Your going to sell your gold bar for a digital money? Unless the bit coins are backed by assets that system is actually less solvent than the US Dollar. The dollar is at least backed by some gold in Fort Knox! (assuming it exists in Fort Knox).... that and rule of law. What law or assets back bit coins?
clarkbaker 3 months ago
@clarkbaker The dollar is NOT backed by any Ft. Knox gold, nor other gold, nor ANYTHING else. How did you talk yourself into the fiction you just spewed?
indignant99 3 months ago
2:20 "i'm just a little confuuuuuused here" ....nice!
zmc33 3 months ago
Comment removed
zmc33 3 months ago
This has been flagged as spam show
Enemy of Greece, Ireland, Italy, Spain, Portugal,& USA - Jew
1.Goldman Sachs CEO, Lyold Blankfein-Jew
2.IMF Deputy CEO, John Lisky-Jew
3.Ex IMF CEO, Dominic Strauss-Jew
4.World Bank CEO, Robert Zoellick-Jew
5.Ex World Bank CEO, James Woolfesen-Jew
6.Fed Chairman, Ben Bernanke-Jew
7.Ex Fed Chairman, Alan Greenspan-Jew
8.Obama Treasury Secretary, Timothy Geithner-Jew
9.George Bush Treasury Secretary, Hank Paulson -Jew
Stevie68000 3 months ago
You guys are a little harsh on Celente? Everyone that is ripping on him has never written a check or used a financial institution? Until they all fail we all have risk at these institutions. The goal, as it should always be, is to do due diligence yourself and figure out the best places to put your fiat cash in the best one. Odds are a cash position is insured by the SPIC... They are likely trying to figure out how much was lost.
clarkbaker 3 months ago
GC is full of crap, what have you ever learned from him that wasnt already known. Just another talking head who happens to be negative on a few things but with no insight
ricochetVendetta 3 months ago
This has been flagged as spam show
arrrgh, where's your hook?
WhackTheWax 3 months ago
seolfor [] n (seolfres/-) silver
seolforfæt [] n (-es/-fatu) silver vessel
seolforgewiht [] m (-es/-as) silver-weight, the scale of weight by which silver is weighed, where the pound is of 16 ounces
seolforhammen [] adj plated with silver, silver-coated
seolforstycce [] m (-es/-as) piece of silver, a coin
seolfren [] adj made of silver, silvern
seolfring [] m (-es/-as) silver coin
seolforsmiþ [] m (-es/-as) silversmith, worker in silver
I HOPE YOU LEARNED SOMETHING! YE OLDE ENGLISH
elucidative 3 months ago 3
point well made, I posted this one at sgtreport.
SGTbull07 3 months ago
@SGTbull07 thanks SGT - its all about the physical, keep up the good work with that message.
silverfuturist 3 months ago
I meant FUN WITH DICK AND JANE!
TheDonovan68 3 months ago
Gerald Celente investing with the white show boys. What's next? Photos of him eating at Pizza Hut! Let me repeat the lesson here for all of us: if you can't touch it, you don't own it!
hmuller1000 3 months ago
Even though Mr Celente was calling me something along the lines of a delusional psychopath I can't think of any reason to berate him for not putting all of his money into one investment place in times like these because what were experiencing is a systematic destruction of wealth & no one is safe.
He was wise to spread is savings around
IronicallyVague 3 months ago