Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers.

See the footer of the board for our Facebook and My business pages.

Be sure and join our Dinar Only Newsletter Email list. It is located on the right. Your User Account Email when joining the board is for with in Neno's Place use of board information which you can control in your profile settings.


For "Advertising" with in my board to our Membership and Visitors see our "Sponsor Ad Info" in the Navbar. Neno's Place receives a low of 50,000 views a week to over 100,000 plus many times thru out the year.

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Longest Dinar holding Community. Reach Admin by Private Message. Copyright © 2006-2017

Ad Space M-1

Board Rules

October 2016


Calendar Calendar

Ad Space M-2

Revv Worldwide

IQD/Oil/Commodities Charts


Ad Space M-3

Top posting users this month

Ad Space M-4

Gerald Celente – We Are About To Witness One Of The Biggest Gambles In World History



Posts : 16525
Thanked : 805
Join date : 2013-01-12

Gerald Celente – We Are About To Witness One Of The Biggest Gambles In World History

Post by Lobo on Tue 12 Jul 2016, 19:36

Gerald Celente – We Are About To Witness One Of The Biggest Gambles In World History
July 12, 2016

Today top trends forecaster Gerald Celente warned we are about to witness one of the biggest gambles in world history.
(King World News) Gerald Celente:  After weeks of downtrending equity markets following collapsing banking shares throughout Europe, the United Kingdom’s Brexit vote to exit the European Union and baskets of negative economic data… suddenly, stock markets are flying high…
Continue reading the Gerald Celente piece below…

To hear which company investors & institutions around the globe are flocking to
that has one of the best gold & silver purchase & storage platforms
in the world click on the logo:

Yes, there was a positive employment report in the United States last week, but the world economy is far greater than the US job market. And even with the hefty rise announced Friday, yearly job growth has markedly slowed, and the jobs created pay far below middle-class wages. In fact, some 5 million American manufacturing jobs lost since 2000 have been replaced with low-paying retail, leisure, hospitality and health care jobs.
Facts aside, following the Dow spiking 250 points Friday, Asian equities rallied on Monday with the NIKKEI, which ended June down 18.2 percent this year and 25.7 percent below its June 2015 high, spiking nearly 4 percent.
Certainly it wasn’t the strength of the Japanese economy, which has been suffering double-digit negative import-export declines while falling in and out of recession for the past several years, that pumped up the NIKKEI. Nor was it Monday’s report that Japan’s core machinery orders, estimated to rise by 2.6 percent, fell 1.4 percent in May from April, down for the second straight month, that juiced the markets.
One Of The Biggest Gambles In World History
No! The NIKKEI surged following Sunday’s election results that Prime Minister Shinzo Abe’s ruling coalition won a landslide victory in the upper house, thus bolstering the expectation for round three of Abenomics, which, despite tens of trillions of yen pumped into the markets, failed to generate economic growth. In fact, since Abe took office in 2012, the economy has grown just 2.4 percent.

Tripling down on his previous two Abenomic failures that intermittently boosted the NIKKEI but did not deliver promised wage and GDP growth, Abe declared Monday, “We are going to make bold investment into seeds of future growth.”
Trend Forecast
By all quantifiable measures, the first two rounds of Abenomics miserably failed. We forecast round three also will fail while creating long-term economic hardship. Already burdened with an unsustainable $11 trillion debt and a debt-to-GDP ratio of 245, taking on yet more debt will lower the value of the yen (which had maintained strength despite a weak economy and negative interest rates), spreading hardship throughout society as import prices rise, exacerbating weak consumer spending brought on by years of real wage declines in the overall economy.

From China to Europe, from the Japan to the US, since the Panic of ’08, central banks around the world have abandoned capitalism and true price discovery. Their series of massive stimulus and historic negative/zero/low interest rate policies, while boosting equity markets and those that play them, has failed to boost wage growth on Main Street.
The Real Winner Of This Reckless Bet Will Be Gold
Again, we maintain that such unprecedented central bank cheap-money policies will not restore true economic growth, but will boost gold prices, setting the stage for the next gold bull run.

    Current date/time is Sun 23 Oct 2016, 12:12