Happy New Year to all of our clients and readers.
This is our last newsletter for 2013. I will resume my own section on Wednesday or Thursday of this week.
Gold performs best not in periods of inflation, but in periods of government instability. I am certain that 2014 will smile on the owners of gold and silver.
As for the future, it looks like government sponsored instability is exactly what we are facing. Ron Paul sums it nicely below:
The problems our nation faces today are staggering.
We’re $17 TRILLION in debt. The Constitution’s Fourth Amendment is effectively being shredded before our eyes. The rates of taxing and spending only go one direction – up.
And the ObamaCare roll-out has been an utter disaster.
Will the Cartel find enough (physical) gold to ship to China in 2014? Will the war fuse be lit in the Middle East? Will anger move into the streets here in America? Will the stock market continue to rise, not on the strength of the economy, but fueled by the liquidity provided by the Fed’s QE policy? Will the dollar hold up? Will the euro hold up? So many questions. Let’s check out what “futurist” Gerald Celente predicts for 2014. His track record is very, very good and he always tells it like it is.
Gerald Celente is one of the world’s top trends researchers. His top trends in 2014 start with the Middle East. Iran, Syria, Egypt, Israel, Yemen and Turkey are just a few of the countries facing big problems. Celente exclaims, “You just keep going around the Middle East, it’s total turmoil.” Will there be war in the Middle East in 2014? Celente says, “I thought it would have happened last year; but, then again, there are wild cards.” On the economy, Celente predicts, “Interest rates are going to go up. . . . When interest rates go up, the economy is going down—period.” Celente goes on to say, “I think they are going to institute more tapering, and it’s going to create a financial crisis worldwide.” On gold, Celente predicts, “Then they’re going to dump more dough into the system. When that happens, that’s when you’re going to see the real panic start to happen. . . . You’re going to see a rise in gold prices that’s going to eclipse the last one.” In Asia, Celente points out, “Things are heating up between China and Japan. If that thing goes into a war, it’s a whole new game.” Celente predicts, “Absent the war card, I think we will see a financial crisis before the end of the second quarter of 2014.” Celente sums up what he sees in 2014 as “a year of extremes.” Join Greg Hunter as he goes One-on-One with Gerald Celente, Publisher of The Trends Journal.