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. You must log in to see and participate in our Dinar sections.

Position yourself for free after watching the video on eCommerce at


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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2017

Gerald Celente – WARNING: Ignore The Rally As Market Meltdown Is Imminent


Posts : 26734
Thanked : 1361
Join date : 2013-01-12

Gerald Celente – WARNING: Ignore The Rally As Market Meltdown Is Imminent

Post by Lobo on Wed 30 Sep 2015, 2:06 pm

Gerald Celente – WARNING: Ignore The Rally As Market Meltdown Is Imminent

Today the top trends forecaster in the world Gerald Celente warned people to ignore the rally because a market meltdown is imminent.

September 30 (King World News) – The Summer of 2015 is one for the financial record books. Since the Shanghai Index began melting down in mid-June, equity markets have been battered, commodity prices plunged and currencies of resource-rich nations and emerging markets tested old lows and hit new ones…

The Century’s Best Performing Asset
Eric Sprott, James Turk and George Soros all believe this company is advancing the digital payments revolution by helping people securely acquire, store, and now spend gold with unprecedented simplicity. Accounts are free and can be opened in minutes. They provide users with a secure vault account to purchase and hold gold, the ability to make and receive instant gold payments, and a prepaid card for spending gold at traditional points of sale. To hear what James Turk and others have to say about this company CLICK HERE.

Gerald Celente continues:  As conditions deteriorated, the financial world focused on 17 September when the Federal Reserve Open Market Committee (FOMC) would announce if it would raise interest rates for the first time since 2006, or maintain its Zero Interest Rate Policy which has been in place since late 2008. In response to the Fed’s decision not to raise rates due to concerns that China’s economy was slowing and the global economy risked falling into recession, equity markets, commodities and currencies resumed their downward slide.
Then, just one week later, Fed Chairwoman Janet Yellen, speaking at the University of Massachusetts, signaled that the Fed intends to raise rates this year. In response, global equity markets, after a brief upward spike, continued their downward spiral along with commodities and currencies.

The Carnage Continues, Despite The Propaganda
Thus, when the FOMC initially announced in mid September they were continuing ZIRP, markets dramatically declined. Then, one week later, when the Fed chairwoman insinuated the Fed would raise short-term rates, equity markets continued to decline, commodity prices continued to fall and, as 20 foreign-exchange rates hit record lows, currencies continued to plunge.
And for good reason: The higher US interest rates go, the more concerned countries and companies become over their ability to pay back massive debt load accumulated when ultra-low interest rates and cheap money fueled the borrowing boom, stock buybacks, record merger and acquisition activity, and the bond market frenzy.
However, the Fed’s 17 September decision not to raise rates in view of a slowing global economy continues to be supported by data. For example, Japan’s government announced this week industrial output fell 0.5 percent in August, down for the second straight month. On the market front, Tokyo’s exchange has lost 16 percent since the end of June, the most since the Panic of ’08.
Overall, MSCI’s All-Country World Index is down 11 percent since June 30, the sharpest slump since 2011, while its Emerging Markets stocks benchmark has fallen 20 percent in the past three months.

IMF Warns Again As Equity Market Meltdown Imminent
And also this week, The International Monetary Fund warned that with corporate debt of non-financial firms in emerging markets ballooning from $4 trillion in 2004 to $18 trillion in 2014, “Emerging markets should be prepared for corporate distress and sporadic failures in the wake of monetary policy normalization in advanced economies.” And, according to the Institute of International Finance, investors have pulled $40 billion out of emerging markets in the third quarter, the fastest pace since the height of the ’08 Panic.
Trend Forecast: Expectations are for the Fed to raise rates in December. Given the hard data of a worldwide slowdown and IMF warnings, we maintain our forecast for an equity market meltdown by year’s end.

    Current date/time is Tue 21 Nov 2017, 3:52 am