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Gerald Celente - Back Door Deals, Gold Zoom, Silver Bam!

With news of the coordinated central bank action, which was to designed to help stabilize the European banking crisis, today King World News interviewed Gerald Celente, Founder of Trends Research and the man many consider to be the top trends forecaster in the world. Celente had this to say about the coordinated central bank action, “Well you could see it coming. Go back two weeks ago, the headline in the Wall Street Journal, ‘Banks face funding stress, European institutions resort to potentially risky swaps to generate liquidity.’ That’s language for the loan sharks that can’t collect on their bets. And they are coming up with new schemes in trying to squeeze money out of the system to keep their Ponzi scheme going.”

Gerald Celente continues:

“So let’s cut through the baloney over here, that’s what’s going on. You read the first paragraph of this, and remember this was two weeks ago, ‘European banks increasingly concerned about their ability to access funding are devising complex and potentially new deals that enable them to continue borrowing from the European central banks.

The banks moves, which include behind the scenes swapping of assets, among financial institutions, could heighten risks across Europe’s already fragile financial system.’ No kidding? These are back door deals and the whole thing is a rigged game....

Continue reading the Gerald Celente interview below...

To hear legendary company builder Rob McEwen, original Founder of

Goldcorp discuss which company he invested $60 million

of his own money in and why click on the logo:

“Only an imbecile would believe what’s going on now. They have to keep the Ponzi scheme going. Read the language, the language is very, very important. And when you read the language today about the world’s central banks act to ease market strains here is what they say, ‘The display of worldwide coordination was meant to restore confidence in the global financial system and to demonstrate that central banks will do what they can to avoid a repeat of 2008.’

Let’s take the first giveaway line over there, ‘was meant to restore confidence in the global financial system.’ Confidence, confidence game, con men, con artists, you got it? It’s all a con game and they are conning the people into thinking they will do what they can to prevent a repeat of 2008.

Look, there is nothing new about this. We found out last year that the Federal Reserve pumped $16 trillion worth of our money, every one of these loan sharks got our money.

Here’s the deal, Eric, they are suckering in the people to keep playing the market. This solved nothing. So when I see this, this is just a con game. And anybody that sees the game, all they have to do is follow the money. Where is the money going? Look at what gold did, zoom it shot up! Look what silver did, bam! Everybody knows what’s going on, they are devaluing our currency.”

The KWN interview with Gerald Celente is available now and you can listen to it by CLICKING HERE.

Eric King

KingWorldNews.com

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