Bitcoin is flawed as money on a systemic level for two reasons often regarded as strengths. The first flaw is that it’s a technology, and the second flaw is that it’s a threat to government-controlled money. Both make Bitcoin unlikely to succeed. First, that Bitcoin is a technology itself is problematic, because technology is impermanent....
Author: Gerald Celente
Dear HODLers, cryptos are not gold… and here’s why
HODLers believe Bitcoin can become a store of value like gold because the value of both is subjective, based on arbitrary “beliefs.” This assumption is flawed. Gold has intrinsic value, beauty, and beauty is timeless. It’s not hard to imagine that the beauty one experiences looking at a sunset or the Grand Canyon struck people...
Our Top Trends for 2019
Global trends forecaster Gerald Celente’s Top Trends for 2019, covered in the December edition of the Trends Journal, offers detailed, essential predictions that pinpoint the critical trends ahead as 2018 ended riding a powerful wave of economic, geopolitical and societal volatility into the new year. According to Celente, rarely do so many converging trend lines...
Wall or no wall?
It’s time for the U.S. to join the 21st Century… Vote online! This past December, President Donald Trump, demanding Congress fund his signature campaign promise to build a wall on the southwestern border, declared “If we don’t have border security, we’ll shut down the government.” Rejecting his request, Democratic House leader Nancy Pelosi ridiculed Trump’s...
Stepping closer to war: Target Iran
The Wall Street Journal reported in January that this past September the U.S. National Security Council Advisor John Bolton requested the Pentagon draw up plans for a “strike” against Iran after militants, allegedly aligned with Iran, fired three mortars into Baghdad’s diplomatic quarter which hosts the U.S. Embassy. The shells landed in an open lot...
As forecast, pot is on fire worldwide
The “Get Healthy, Get High” trend for 2019 is growing strong across the globe, ensuring that this will be the year that legalized marijuana for both recreational and medical use will break into the mainstream in the U.S. and many other countries. As we forecast in December: “In 2019, the legalization of marijuana in many...
Eat, drink and be pot merry
There is much more to the expanding cannabis industry than just smoke. THC (tetrahydrocannabinol) and CBD (cannabidiol) can be ingested into the human body in a wide variety of ways to achieve the desired result whether it be “getting high” or relieving a specific medical condition. They are called alternative consumption options and include eating...
Where has all the sex gone?
The number of Americans who approve of sex between unmarried adults is at an all time high. The HIV virus is at an all time low. Birth control is readily available; the morning after pill doesn’t require a prescription. Hook up sex is a computer click away on Tinder, Grindr, and dozens of others. So...
Scooter craze is big business
After announcing last April that it will virtually abandon production of cars in North America by 2020, the Ford Motor Co. has spent $100 million to buy Spin, an electric scooter-sharing company. Spin operates in 13 U.S. cities and on several college campuses. Its scooters rent for $1 a trip plus 13 cents a minute....
No more canned tuna?
A December 2018 Wall Street Journal article accused Millennials of killing off the canned tuna industry. Sales are down, the paper claimed, because Millennials “can’t be bothered to open and drain the cans or fetch utensils and dishes to eat the tuna.” Actually, Millennials are still fetching dishes and using utensils. They’re just not using...