Most people don’t have a clue how bad things are.
Gold & Silver
May 28 (King World News) – Gerald Celente: I would have thought gold and silver prices would have been a lot higher. One of the reasons they have been under pressure is the dollar has been so strong. Why is the dollar strong? It’s only strong because the other currencies are so weak. But this is only a temporary hit. To me gold and silver are the two major safe haven assets, particularly in times of this (monetary and geopolitical) lunacy. Inflation is not going to stop, especially when you are seeing these prices escalating at the level they are. When interest rates go up the equity markets go down.
But it’s not only the equity markets that are going to go down, the entire economies are going to go down. You are also going to see a real estate crash in the commercial office sector unprecedented in modern history. People are moving out of the big cities and more people keep fleeing as the crime rates keep going higher.
Most People Don’t Have A Clue How Bad Things Are
So what are you going to see? For all of these office buildings they have overbuilt, and it was overbuilt before, it’s going to be a real estate hell. So we’re going to see a calamity and when the markets crash it wakes up the people. Most people don’t have a clue how bad things are. They feel how bad it is because of the costs of all of shopping and filling up their cars with gas. They know how bad that is. But when the markets crash, then they really know how bad it is. When the markets crash and the (commercial office) real estate sector starts collapsing, that’s when gold and silver, the safe haven assets are…to continue listening to Gerald Celente discuss what to expect next for the gold and silver markets as well as what surprises to expect for the rest of 2022 CLICK HERE OR ON THE IMAGE BELOW.
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