Today Gerald Celente spoke with King World News on the heels of the Dow plunging nearly 1,000.
October 28 (King World News) – Eric King: “Gerald, we had nearly 1,000 points shaved off the Dow today. Where is this headed?”
Gerald Celente: “It’s bigger than the Dow. Look at what happened with the European markets — the DAX was down 4%. the CAC, FTSE, they were all down large numbers. There is concern now that there won’t be any stimulus money until after the election…
Billionaire Eric Sprott just bought a 20% stake in a mining company
to find out which one click here or on the image below
In the meantime, there is a global slowdown the likes of which we have never seen before. All over Europe they are locking countries down again. The economies are drying up everywhere. The stock market will depend on when and how much money they inject into the system.
Great For Gold
If Biden wins it’s going to be great for gold because he’s going to spend more stimulus money which means pumping in more monetary methadone. History shows that regardless of who wins most of the time stocks go up, but we don’t think so this time because there will be post election violence. So this looks like good territory for gold but not for the American spirit.”
Dow Plunges, What To Watch In The Metals
***ALSO JUST RELEASED: Dow Plunges Over 800, Gold & Silver Tumble And Here Is What To Watch In The Metals CLICK HERE
***To listen to what has changed that is very bullish for gold and silver CLICK HERE OR ON THE IMAGE BELOW.
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