The bottom is in for gold - World War 3 is already here & a global economic collapse will pave way for CBDCs - Gerald Celente GeraldCelente CBDCs WorldWar3
- Despite its stagnant performance in 2022, the bottom for gold is in, according to Gerald Celente, Publisher of The Trends Journal, whose 40-year forecasting record includes correctly predicting the 1987 stock market crash, the DotCom bubble, and high inflation in 2022.
He added, suggesting gold's role as a geopolitical risk hedge, that"if the current events, that are forming future trends, continue to escalate into war in Ukraine and the Middle East, then gold goes through the roof." "The war is going to continue to escalate unless we talk about peace," he said."I am saying it could escalate into it [a nuclear war]."Fears heightened last year of a crisis in emerging-market debt, much of it denominated in dollars, as the U.S. dollar gained in value against other currencies. Celente forecasts that emerging markets will face debt crises this year as the global economy collapses.
He said that landlords who own office real estate would struggle to pay their mortgages, as occupancy rates go down and interest rates rise.
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