As Trends Journal subscribers know, for the past year, despite mainstream economic forecasts to the contrary, Gerald Celente had predicted U.S. interest rates would be at negative to zero by October 2020. Now, in an emergency action to save crashing equities, on Sunday, the Fed cut its interest rate by 100 basis points, leaving the rate to float between zero...
THE “GREATEST DEPRESSION” HAS BEGUN
The coronavirus hysteria sweeping the globe has changed the course of history. Politicians around the world, a.k.a. the supreme commanders of the human race, have shut down the global economy… crashing it. Nothing close to this has ever been witnessed in the history of the world. It is promoted by the media and accepted by the masses as the proper...
INFOWARS / Alex Jones (3.16.20)
CLICK GRAPHIC TO VIEW VIDEO. Gerald Celente: Coronavirus Crime Wave Coming Gerald Celente guest hosts The Alex Jones Show to break down the criminal actions that will follow the coronavirus panic.
Gold’s Slow Glow, Silver Softness
Bullion briefly spiked to $1,702 on Monday, its highest since December 2012, as equity markets across the globe tanked. Gold closed Monday at $1,665, barely moving from Friday’s finish of $1,674. Today, as we go to press, gold is down some $20 from yesterday’s high following slight rebounds in equity markets in Asia and Europe. Silver continues its downward trend....
CORONAVIRUS: IMF TO THE RESCUE
The International Monetary Fund has reserved $50 billion to respond to requests for emergency aid due to the coronavirus’s damage to national economies. Ten billion dollars will available as direct aid for poor countries; the other $40 billion will be made available through a variety of funding mechanisms. When it receives a request for help, the fund will assess the...
Demand for Repo Loans Outstrips Fed’s Record Supply
Hours before the U.S. Federal Reserve cut its interest rate by 0.5 percent on 3 March, demand for overnight repo loans shot up to $108.6 billion against the Fed’s record offering of $1 billion. On 4 March, the Fed offered another $100 billion and the demand for the loans reached $111 billion. Banks were desperately seeking liquidity to lubricate the...
PRESIDENTIAL REALITY SHOW®: THE RACE IS ON
As reported in last week’s Trends Journal, several hours before the ballots were counted in the Super Tuesday primaries, the Democratic Party machine, as it did in 2016, began to rig the race to make sure Senator Bernie Sanders would not win the nomination. Despite Joe Biden’s stumble out of the block at the start of race – tripping up...