Wednesday, August 3, 2011

Gerald Celente : The Government are losers on everything they touch

Gerald Celente : whether they downgraded or not officially it is downgrading itself , just look for instance what happened to Gold prices since this charade begun to take place Gold has gone up over a 120 dollars an ounce , the whole world knows what's going on I heard your prime minister Putin saying that the United States is acting like a bunch of parasites and that's what this is when it comes to the dollar "
"The devaluation of the dollar ha s been going on for a long time but they are not calling it a devaluation what they are doing is they are flooding the world markets with cheap dollars just as the Europeans are doing with the cheap Euros so the more the product is out there the less valuable it is , so it is a De Facto devaluation but in real terms again when you see gold prices sky rocketing that what it means the dollar is not worth the digital paper it is not printed on "


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