The top trends forecaster in the world says fade the rally in stocks, the “market crasher” has been unleashed!
More Extreme Fear
April 10 (King World News) – Despite today’s rally in stocks, top trends forecaster in the world, Gerald Celente, issued this warning: Last week the media, once again ignoring the overvalued, overleveraged, and fear of rising interest rates that ended the Trump Rally in early February, instead blamed wild market swings on a single cause: Fears of a trade war with China.
This week, when equities bounced back, the business media’s single reason for the upswing was, “U.S. stock futures rise as U.S.-China trade war fears ease” (Reuters).
We’ve repeatedly identified the media’s “one-day, one-reason” trend for shaping markets while ignoring overriding causes for market instability many times before, but it keeps intensifying.
In just the last two months, market shifts have been attributed to North Korea, firings of White House staff, Trump tweets, Russian collusion banter, etc.
In addition to grossly underreported fundamental economic factors driving market swings, are the broader geopolitical dynamics that are also being ignored.
THE MARKET CRASHER
As forecast in our February Trends Monthly, the high-danger trend we identified that would shock markets is now emerging. We wrote that “we are concerned that a black swan/wild card event will crash already unstable markets. Most notable are the United States and Israel ramping up the war in Syria … and Israel’s escalating bombing runs on Gaza. Beyond war expanding throughout the Middle East, it could dramatically drive up oil prices which, in turn, would compound already existing inflation fears.”
And, we warned in one of our Top Trends for 2018, “Market Shock-Mass Murder” that “The battle lines have been drawn. In Washington, there is absolute support for Israel and absolute hatred for Iran. Should these trend lines continue on their current path, we forecast war will ignite war throughout the Middle East… and possibly worldwide.
“Moreover, with the United States, Saudi Arabia and its allies defeated in their attempt to overthrow the Assad government of Syria, Israeli Prime Minister Netanyahu declared he would “not allow” Iran “to entrench itself militarily in Syria.”
In our Trends in the News broadcasts, we noted that the Saudi Crown Prince Mohammed bin Salman’s high profile US PR tour was being staged to project the image of a trustworthy ally that the United States and Israel could depend on, thus, reaffirming President Trump’s statement that he has “great confidence in King Salman and the Crown Prince of Saudi Arabia … They know exactly what they are doing.”
Following unverified reports on the weekend that Syria unleashed a chemical weapons attack that killed dozens of people in the outskirts of Damascus, Israel launched a military strike against Syria.
And, promising to take action within the next 48 hours, President Trump, lashed out against Russia and Iran for “backing Animal Assad,” and said “If it’s Russia, if it’s Syria, if it’s Iran, if it’s all of them together, we’ll figure it out and we’ll know the answers quite soon”
Should he follow through on his threat, we forecast massive US/Israel/Saudi Arabia attacks against Syria that will trigger war throughout the Middle East. Moreover, escalating economic and propaganda attacks against Russia and Iran may well provoke World War III.
TREND FORECAST:
When war breaks out, equity markets across the globe will crash… along with the dollar, euro, yen, yuan and other fiat currencies. Citizens of the world, gripped in fear, hysteria – and reality – will run for their lives, grabbing what they can carry and putting whatever cash they have into gold.
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A 16-Bagger In Gold?
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