Saturday, June 29, 2013

We’re Going Into the Greatest Depression: “They Will Not Be Able To Pull Off the Stimulus Game Again”

Going Into The Great Depression
Look around and you can’t miss it.
The world is on the brink… politically, economically, financially, monetarily, and militarily.
Events are accelerating. Over the last decade trend forecaster Gerald Celente has been blaring the alarms.
If you’ve been paying attention, then you’ve heard them. You know we’re going under.
And this time they’re not going to be able to stop it.
It will be worse than the panic of ’08.  It will be deeper.  It will be more painful and there’s a reason why… because they will not be able to pull off the stimulus game again.
Everybody got hip to it and it didn’t work. You read even the Financial times, the major media, CNBC, Bloomberg… everyone will now admit that the stimulus only bought borrowed time. So the stimulus game doesn’t work anymore, and the governments are so in debt they can’t have the fiscal policy. So you have no monetary policy and you have no fiscal policy to stimulate the economy.
We’re going into the Greatest Depression.
But they will try to boost it some way. And that’s when I believe gold and silver prices will again skyrocket. They can stay low, I believe, for another several months… even a year. But I don’t see them staying down forever.
I don’t give financial advice. I’m a long term buyer and a long term holder of gold.
Why would I want this digital paper not worth the paper it’s not printed on?
And number two on this whole area of gold and the economy… I believe they’re going to take us to war just like they did during the Great Depression. When all else fails they take you to war and we’re hearing the war drums beating louder and louder throughout the middle east as the middle east is collapsing.
…Hey, great job that Noble Peace Prize winner Obama did…
Full Interview with Gerald Celente and Greg Hunter via USA Watchdog:

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