Gerald Celente Was Right

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . For the latest Gerald Celente, go to theGeraldCelenteBlog.com - Gerald Celente knew that all the problems we had were coming. In 2007, he clearly predicted the housing crisis. Everyone was saying that the subprime market was a small problem. It was the crack that brought the whole system down. The Fed was in a rate trap. If they had raised rates, they would have crashed the economy. So they had no choice but to raise rates. There is the political world, the media world, and the real world. In the real world, people know what is going on. Celente even accurately predicted the presidential election. He said that if the main issue is the economy, then Obama would win. If the main issue was the war, then McCain would win. The main issue was the economy, and sure enough Obama won. He even predicted that the Dow Jones Industrial Index would sink below 8000. In March 2009, the Dow bottomed out. He figured that gold would head into the stratosphere. It is already above 00. He is predicting in 2011 that it will head to 00.

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