With the world on the edge of catastrophic geopolitical conflict, today Gerald Celente, the top trends forecaster in the world, just issued this dire warning.
Celente Issues Major Warning
April 10 (King World News) – Gerald Celente: “As we have repeatedly warned, it’s not trade wars, or any of the other single-cause reasons the media blames for driving the markets on a daily basis…
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Gerald Celente continues: “For example, on Tuesday, the main reason given for the Dow closing up 429 points was the easing of trade war fears, following pledges by China’s president to “open” its economy by lowering tariffs on automobile imports, enforcing legal intellectual property laws and reducing duties on other consumer products.
But as we had long detailed, there are greater factors driving markets than trade disputes. We noted that, at most, trade war/tariff threats would have minimal impact on the markets’ bottom line and that media and investor reaction to it was overblown.
We stated repeatedly that China had too much to lose in a trade war and that negotiation and compromise between the US and China would ultimately prevail.
IT’S FACTS THAT MAKE TRENDS
It is a fact that if Trump’s proposed $150 billion in tariffs were imposed on China, according to Fitch Ratings, it would knock off a mere 0.3 percent of China’s Gross Domestic Product. And, according to Goldman-Sachs, even if even a 10 percent import tariff were enacted – six times greater than what is being threatened – the net effect on the U.S.’ GDP is .02 percent. And they noted that under that extreme scenario inflation would rise just 0.2 percent.
The Trends Journal was first to forecast the Trump Rally and the market correction, emphasizing how overleveraged and overvalued markets are and how vulnerable they are to threats of aggressive interest rate increases.
We also warned that a wild card event would turn the market correction into a market crash, and that there was no greater a wild card then “The Trump Card.”
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 …”
Following unverified reports this weekend that Syria unleashed a chemical weapons attack that killed dozens of people in the outskirts of Damascus, Israel was blamed for launching an air strike against Syrian military installations that killed Iranian troops.
And, in a tweet this morning, President Trump warned Russia that missile strikes against Syria were coming and they will be “nice and new and smart.” And yesterday, in response to Trump’s previous threat against Russia and Iran for backing “Animal Assad,” President Vladimir Putin warned Russia would shoot down any US missiles.
Should Trump follow through on his threat, we forecast massive US/Israel/Saudi Arabia attacks against Syria and possibly Iran would not only trigger war throughout the Middle East, it may well ignite World War III.
When war breaks out, equity markets across the globe will crash… along with the dollar, euro, yen, yuan and other fiat currencies. Under such conditions, gold, the ultimate safe haven asset, will spike sharply.
Regarding The Gold Market…
Eric King: “John, gold is strengthening today and approaching a historic breakout. If that unfolds, the mining shares are going to spike strongly along with the price of gold.”
Goldcorp & Oceana
John, CEO of Gold Standard Ventures: “Eric, we raised $38 million in February, but professionals in the mining sector are taking note of the fact that Goldcorp and Oceana just made an additional $10 million investment in the company.
Insider Have Purchased $5 Million Of Stock
I would also like to point out that insiders have purchased nearly $5 million of our company’s stock in the last few months because they believe so strongly in what the company is doing in 2018. We are also very excited that Ron Clayton joined the company as one of our board of directors. Mr. Clayton is President & CEO of a $2 billion mining company, so adding his expertise to our board is a huge win.
Stock Set To Skyrocket With 6 Drills Turning!
We currently have 5 drills turning with a sixth drill on the way. But what is key, Eric, is that we are drilling new targets that remind us of the early days of Dark Star, which is of course where we had intercepts of 120 meters of 4 grams per tonne oxide and 237 meters of 2.96 grams per tonne oxide. So we are now incredibly well-positioned to report what may be some very exciting drill holes every month for the rest of the year. That is what will separate us from the rest of the pack in a rising gold market, and that is also why insiders have been buying so aggressively — they know we are positioned for major success in 2018 and beyond.” For those of you who have not yet acquired a stake in this high-quality company, now is the time. Gold Standard Ventures stock symbol GSV in the US and Canada.
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