Today the top trends forecaster in the world, Gerald Celente, just issued this major trend forecast for gold and stocks.
The Beginning Of The End
February 14 (King World News) – Gerald Celente: “The Trends Journal was first to forecast the Trump Rally after Donald Trump won the race for the White House in November 2016. And, this past December, with equities prices soaring, we were the first to predict a 10-percent market correction in 2018.
We now forecast that the turbulence hitting Wall Street and rattling equity markets worldwide, signals the beginning of the end of the Trump Rally. Stock prices may go higher, but the long-term trend lines are heading lower…
KWN receives so many emails from its global readers and listeners about which high-quality mining companies they should invest in, and as a result we have added another remarkable company to the list. This is one of the greatest gold opportunities in U.S. history and you can take a look at this remarkable company and listen to the just-released fantastic interview with the man who runs it by CLICKING HERE OR BELOW
Yes, with the massive spending bill just passed by Washington at a time when the economy is solid and stimulus is not needed – coupled with President Trump’s bountiful tax breaks to corporations, whose earnings are already robust – there will be more money to gamble in the markets.
Further, Trump’s generous tax plan, which also allows corporations to repatriate cash stored in overseas banks, will empower companies to buy-back their own stocks, thus stabilizing, and even pushing markets higher.
However, with price-earnings ratios near the high end of their ranges by historical standards, and markets highly overleveraged with Exchange-Traded-Funds and money flowing out of managed funds and into index funds, the gambling fever that drove the Dow up 45 percent since the Trump election is not sustainable.
Indeed, so over-valued and over-leveraged are the markets, that all it took to send global equities into a tailspin recently was the slightest whisper of rising inflation and higher interest rates following a somewhat favorable US jobs report.
And now, with the latest US Consumer Price Index rising more than expected, those higher inflation/higher interest rate fears, i.e. less cheap money to juice the markets, stocks will trend lower.
Absent a wild card/black swan event, there is not a confluence of multiple factors at this time to signal an impending market crash. However, with markets over-valued and way over-leveraged, threats of a 20-percent, bear market correction increase.
What’s next? Watch gold. The ultimate safe-haven asset in times of economic and geopolitical turmoil. Prices should have spiked in response to the recent massive Wall Street sell-off. Instead, prices declined because rising interest rates make non-yielding gold less attractive.
Now, gold prices are edging higher. Should prices suddenly spike and stabilize above the $1,450 range, it will signal serious stock market panic that will override rising interest rate concerns, driving gold prices higher by several hundred dollars.
Speaking of gold…
In The Footsteps Of Giants
One of the top questions KWN receives from investors about the mining industry is always: “How do you know out of the thousands of companies there are to choose from which will take-off and which ones will falter?” The answer for smart money investors is always to look for proven leaders with previous success as a good indicator of future success. One individual that fits this description is pictured below with multi-billionaire Robert Friedland.
Multi-billionaire Robert Friedland chose this man to lead his exploration team and it turned out to be a brilliant move because he was responsible for two of the largest and most important discoveries the world has ever seen while leading the team at Ivanhoe Mines. Investors across the globe are now following this man into his latest venture where he will help lead an exploration team where the CEO believes the team will deliver drill results that will send the stock price soaring more than 1,000 percent! Also, a legend in the business just made a 7-figure investment into this relatively unknown company. To get in on the ground floor and learn more about this remarkable company simply CLICK HERE.
***KWN has now released the timely KWN audio interview with Dr. Stephen Leeb and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
ALSO JUST RELEASED: James Turk – This Is What Really Triggered The Massive Spike In Gold & Silver Today CLICK HERE TO READ.
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