As we’ve been reporting, Americans are fattening up, ditching their morning bowl of cereal for junk food… or what the “marketers” label “high-protein items” that they gobble down at fast food joints. Kellogg, the giant manufacturer of such familiar cereals as Frosted Flakes, Special K, and Rice Krispies, reported that cereal sales in North America...
Author: Gerald Celente
U.S. ECONOMY: THE FINAL COUNTDOWN
Heavy Meddle As we go to press, gold is in the $1,490 per ounce range, despite the strong dollar. Historically, the higher the dollar, the lower the price of gold. Gold is dollar-based. As the dollar strengthens, other currencies weaken against it. With gold trading at this current level, despite a strong dollar, it...
AS GOES AUTO SALES, SO GOES THE ECONOMY
As we have long noted, a key indicator to note is the health of the world’s auto industry, which makes up 5.7 percent of global economic output and 8 percent of world trade. In China, the world’s largest auto market, vehicle production and sales declined 6.2 percent and 5.2 respectively in September. Passenger vehicle sales...
THE NERVE OF THE FEDERAL RESERVE
The U.S. spent almost $1 trillion more than it took in during 2019, a deficit not seen in seven years. The Fed will hold a meeting this week to decide if they are injecting enough cheap money into the economy to buttress it up against the sinking economy. Analysts expect another cut in interest rates,...
WELL-OILED CORPOCRACY
Oil continues its upward climb for the fourth straight session, despite the drop in U.S. inventory. Crude stocks fell last week by about 1.7 million barrels. As we go to press, Brent crude is at $61.9 per barrel. It was reported last week that due to a dirty deal by Bill “Slick Willie” Clinton, which...
WORLD’S ON FIRE. TAKING IT TO THE STREETS
Not only are forest fires burning up across the globe – in Indonesia, Brazil, Portugal, Alaska, California, to name a few – the streets are on fire, too. As reported throughout the year in the Trends Journal and Trends in The News video podcasts, it’s “Off With Their Heads 2.0.” Poverty, violence, corruption… living...
BOLIVIA: WHEN IS “ENOUGH” ENOUGH?
In Bolivia, ranked by the World Bank Group as one of South America’s poorest nations, with substantial income inequality despite economic improvements under its current President, Evo Morales, the citizens have joined the growing wave of street protests. The trigger that ignited anger among thousands of Bolivians was alleged vote-rigging in the recent presidential election....
GETTING HOT IN CHILE
Santiago, Chile and Beirut, Lebanon are almost halfway across the globe from each other, yet the flames of protest, which have lit up streets in both cities, have been ignited by identical issues: government corruption and the excessive gap between rich and poor. In Chile, the spark that ignited the flareup of the people was...
LEBANON ERUPTION
In Lebanon, last week, and still continuing, an estimated million people took to the streets to protest harsh austerity measures, which have deepened financial distress on all but the rich. Throughout Beirut, anti-government graffiti such as “Down with the rule of the mafia” and protestors chanting “Thieves, thieves”… calling out politicians they say have stolen...
HONG KONG: WEEK 21
Protests were both peaceful and violent in Hong Kong over the weekend. Angry at aggressive police tactics, groups of protestors blocked roads, vandalized stores, and threw gas bombs. One video shows police backing up into a subway station to escape a group of angry protesters throwing rocks and other objects at them. The increased violence...