Gerald Celente The Greatest Depression is still to come 18 Mar 2009

go to http://GeraldCelenteChannel.Blogspot.com for the rest of the story

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[Panpiper]

The 'value' of diamonds is completely artificial, with the supply of them deliberately controlled. Do NOT buy diamonds as an investment, buy gold instead. Celente is talking about diamonds here because he is being specifically asked about them in the context of what can a diamond seller do, not because HE actually advises buying diamonds.

Buy gold.

[bukakkesake]

Gold has few industrial uses and there are huge stockpiles above ground. Go for silver. No stockpiles, industrial use, still rare, undervalued

[joshstoph]

@amcanmike That's exactly what the government would like the general public to think and promote. Wait a minute...Are you a member of the government? lol

[idricool]

@Panpiper Buying silver helps too. It's cheaper but it's price tends to rise faster than gold.

[amcanmike]

NOT GOING TO HAPPEN WE ARE FINE

[tickyul]

Yep, this is a crumbling nation, it will just get worse and worse. The people have decided that it is best to prop up this crumbling system instead of making the needed changes that may be painful in the present but lifesaving for the future. And the ripoff Demorats and Republirats mainly care about staying in power and establishing their ideology....no matter how toxic it is. Stock up on guns, ammo and canned food.

[Panpiper]

@Glenn666 Wealth is meaningless unless it can be converted to other things. People 'will' trade for gold and silver, even if other people are rioting. Anyone in a collapsing world who is dealing with it by 'rioting' will soon be dead. The survivors will be the ones still producing food and other necessities, and trading with one another. And those people 'will' accept gold and silver as currency. In a hyper inflation, the 'only' currency is gold and silver, as the paper will be worthless.

[nextlifeguitarist]

right my friend....i am buying a country house with a little field around, next is to install solar cells and panels and, before money value will fall down completely, buy a great amount of long term food...i think the worst things will begin at the end of the year with ARM mortgages..good luck man!

[lightcatcher3]

some kind of collapse is inevitable, and it's actually going on now for those who can see it. Gold? try eating it. Power will go to those who have food, skills, tools, housing, water, fuels ( including solar ), and a good network of friends and associates who team up to survive. If electrical grid and GPS get blown out by solar flares, ATM's won't work, many bank and real estate records will be lost. Weather changes, people will have to move on huge scale