Gerald Celente, Futurist Fraud
Written by Edward ChampionPosted on November 13, 2008
Filed Under Celente, Gerald, Futurism, PHonies
The crazed doom-and-gloom prophets of our world have this troubling ability to occupy the airwaves, becoming strangely confused with qualified experts. Gerald Celente is the latest soothsayer operating on his hunches — now being celebrated on Digg, Reddit, and just about every damn aggregator imaginable.
His predictions sound suspiciously similar to the storyline for Brian Francis Slattery’s excellent new novel, Liberation, but Gerald Celente, the CEO of Trends Research Institute, is determined to deliver. By 2012, Celente forecasts revolution in America, food riots, and tax rebellions. In four years, America will become an undeveloped nation. Holidays will be about food rather than gifts. Mass hysteria, dogs and cats living together. Doom and gloom.
The media — or, rather, FOX News and conservative websites — is listening to Celente because he “predicted” the 1997 currency crisis in Asia, the subprime mortgage disaster, and the dollar dipping south. But Infowars, a website run by paleoconservative radio show host Alex Jones, is basking in this dystopic news like an AIG executive riding high on Uncle Sam’s dime. What’s particularly strange is that Infowars hasn’t bothered to quibble with Celente’s statements, much less point to any of his inaccurate predictions.
How does Celente do it? From Invest in Yourself by Mark Eisenson, Gerri Detweiler, and Nancy Castleman:
According to Gerald Celente, Director of the Trends Research Institute and author of Trends 2000, the key to tracking trends is to read two newspapers every day with a purpose — either The Wall Street Journal or The Financial Times, plus The New York Times or USA Today. Look for stories with social, economic, and political significance, be it about the difficulties older suburbs face or the current currency crisis. (You’ll know by the headline or the first paragraph.) Skip the stories that are purely human interest or that are about something that hasn’t happened yet (for example, a jury resuming deliberation on a sensational trial).
When a crisis does occur, tune in to the extra in-depth analyses that you’ll find in accompanying background pieces probably in more than one of the newspapers. Read them as though you’re a “political atheist,” Celente recommends — not for what you want or hope, but for what is really going on, not only in your own profession or industry, but for trends that may directly or indirectly shape the future.
Aside from the Dale Carnegie-style language here, much of Celente’s “suggestions” seem more like a series of guidelines on how to become a successful “futurist” predicting a good deal of generalist nonsense that scares the shit out of people, using language lifted from a newspaper story’s barebones and riding on a few hunches. Of course, it also helps to have an aesthetic touch — something along the lines of a desktop covered with 12 globes, just so you can impress a New York Times reporter who comes by to write a small profile.
Since Infowars could not be bothered to perform even the most rudimentary act of journalism, the time has come to see if Celente’s record truly cuts the mustard.
- In May 1993, in a story about fiftysomethings losing their jobs written for the Orange County Register, Celente was quoted. He was advising IBM at the time during a period of downsizing. What was Celente’s golden advice? He informed displaced executives to “go for some kind of counseling.” Asked to comment on this situation, Celente offered the same doom and gloom boilerplate that he’s telling us today: “The Industrial Age is ending. All the systems are breaking down and that means disappointment and disillusionment for the people who grew up in the ’50’s.” He elaborated, “These people believed in the Ozzie and Harriet way of life. That concept is dead. So is the concept of retiring at 65.” These were hardly prescient or specific thoughts, but they were certainly dramatic enough to make it into an Orange County newspaper.
- Why not get topical? Let’s take Celente on a more specialized subject like restaurants. In 1993, Celente predicted “growing demands for take-out food, high- and low-end restaurants, and restaurants that offer live entertainment. Middle-range restaurants with mainstream fare will suffer.” Aside from the fact that Celente’s prediction accounts for about 90% of restaurants, doesn’t the fact that human beings need to eat remain a comfy ledge to launch a prediction?
- In 1998, Celente told Money Magazine that, as the population grows older, “Americans will be spending more time at home than ever before both for pleasure and business.” Imagine that. You grow old, retire, and then you suddenly have more time. How the hell did Celente know?
- In the September 21, 2000 edition of Newsweek, the great futurist weighed in on mindless chores. Why are they called mindless? “Your mind can’t be going all the time.” And when any problem becomes bigger, it becomes bigger than burnout. “It’s road rage, it’s air rage, it’s Columbine, it’s stress — and people don’t get it.” I’m wondering if it’s also the kind of impulse that will cause you to make impetuous predictions about the United States’s future.
- Asked by CBS News in May 2005 to comment upon where Dillard’s planned to go, Celente had this to say: “There is nothing Dillard’s has that you can’t find in 1,000 other places. America is vastly overstored.” Take out “Dillard’s” and sub it in with another department store chain name, and you begin to see what little Celente’s remarks say.
- But if we’re in for a future of doom and gloom, Celente has been sending us some mixed messages. He told the Associated Press in May 2005, “The bottom of the luxury market is not going to fall out.”
- Talking with the Associated Press in September 2005, Celente suggested that Wal-Mart could deflect its negative image with its philanthropy. That’s hardly a stunning insight. Any positive action has the probability of causing a company to look good. This is rudimentary probability. But what profound thoughts did our great seer tell the AP? “We try to refrain from making value judgments — what the motive is. But the fact is that [Wal-Mart was] there with trailer trucks being turned away. Amazing, isn’t it?” Amazing indeed. Presumably, the AP reporter who talked with Celente did so because the reporter needed somebody to describe the situation as “amazing” or “magnificent.” Some casual modifier that might be confused for profound thought.
- Celente was asked to weigh in on Internet trends by the San Francisco Chronicle’s Patricia Yollin in December 2006. “People are more electronically connected and less humanly connected,” opined our great psychic. And if that general piece of advice wasn’t enough, Celente also took the time to badmouth public displays of affection, pointing out how unacceptable it was to put PDA in “techno jargon.” Perhaps Celente confused PDA with another type of PDA, but what he didn’t seem to tell the reporter was that acronyms have existed long before the Internet.
Here you have a history of a man who not only makes his living spouting this generalist nonsense at corporations, but who is listened to by the media. If we weren’t all scared shitless, this wingnut would be chased out of boardrooms and newsrooms with pitchforks.
But who needs rational thinking when you have the comforts of defeatism? If you really want to get your dose of passive-aggressive dystopia, just call up Gerald Celente. He’s on Line 2 and he’ll take your money when you have no faith in humanity or when you don’t have a clue about how to do your job. Have him rant in your newspaper. Give him money to advise your corporation. Above all, don’t look at history, science, or specific statistics. Because Celente will boil them all down for you with one of his seemingly pithy and mysterious predictions. And he’ll be right. Because like a trusted astrology columnist or a two-bit faith healer, Celente leaves just enough room in his answer to wiggle out. And you swallow it every time. Because you’re too scared to think for yourself, or do a background check on the guy in the lobby waving his arms.
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Uh, this is a really weird article, probably much more paranoid than stuff you’ll find on infowars. I guess I will mention that in the ALex Jones article they reference a UPI article where CElente predicted the 2008 panic almost a year before it happened. I wrote the article that UPI referenced in making that report. Isn’t it worth something, that in regards to a very current event, Celente was one of the few to really hit the nail on the head? If you can’t give the man his due, then your criticism rings very hollow.
Oh and it is true that at infowars they tend to bathe themselves in glee too often…while that is a fault of theirs, they are simply happy that someone who has been a success in the mainstream world is validating their oft-ridiculed conclusions.
Isn’t it amazing that The Amazing Kreskin is able to read your mind at dinner theater? How about that? I mean, sometimes he doesn’t find his check. But what the hell, if you can’t give Kreskin his due, then you aren’t consulting your tree rings.
Thanks for this article Edward. What a shame that so-called journalists have turned – for the most part – to sensational gloom and doom stories in order to gain audience share or to drive internet traffic. Sometimes the viewers/readers have to remind ourselves that it’s a business! Unfortunately, the idea of getting both sides of the story – not to mention basic journalism skills – too often goes out the window. Thank you for taking the time to research the other side of this story. Sadly, the information you gathered is not sensational enough to be mentioned by the mainstream media.
Mr. Celente says people don’t know their history but the founding fathers lived very hopeful while facing really bad odds.
We need to go on each day doing what is right having hope in justice, truth, and a better America for our children.
We are all not happy about the bailout and other alarming things but we should not be sucked into fear. Fear offers us what kind of future?
Very interesting analysis! I loved the bit about the globes. It also struck me, reading the set of instructions, that there is a fair deal of detachment going on here, he can’t be thinking about anything in any depth – knowing the price of everything and the value of nothing” is a phrase that comes to mind.
But Melissa, the globes are a bit of a clue: how about a better WORLD for our children? Most of it’s outside America. (And so is most of the activities of those US corporations, so yes, the rest of the world is pertinent!)
I mean so ARE most of the activities…
ed:
right on. I did some of my own research into celente and his predictions. I wrote it about it here, on my Culture Crash blog — http://blogs.computerworld.com/fox_news_obama_gloom
cheers,
dt
I think the author is confused, confusing Celente with a prophet and not a modeler. Celente looks at what is going on, and unbiasedly predicts what will happen based on the entire current model–which includes phycology and history.
It is the BIAS that would drive him out of rooms with pitch forks, because the result, not logic would be in dispute.
I was hoping for some false predictions list, but got nothing more than a confused author that didn’t put forth one clear false prediction. By the way, the industrial age ended in america in the 90’s.
It’s undoubtedly true that Gerald Celente offers a selective resume when touting himself. But it’s equally true that he’s not the charlatan you suggest.
The man bases his forecasts on the premise that current events form future trends (see his first book, “Trend Tracking”). Synthesizing large numbers of reports showing diverse perspectives of current events — reports he reads every day so he can see progressions — he looks at where we are, examines how we got here and observes where the trajectory is headed and what it could mean if it were to continue.
And while I think a couple of your comments about his forecasts are valid, I also think it’s very easy for you to take parts of selected quotes from him and pin them together with the intention of making Celente look foolish. A consequence of this, however, is that you end up engaging in the same sort of dilettante pandering you accuse him of engaging in.
This is a very emotionally charged article. I’d guess that the author lost a lot in the stock Market in October and just finished getting through the denial stage. Now he is on to the anger stage with some denial still mixed in. Next is bargaining buddy. My wife called me doom and gloom a couple of years ago when I was buying commodities that ended up paying off hugely. I’d say that author is jealous of Gerald’s portfolio. If you don’t listen to people like Gerald Celente you will end up getting burned.
Ok fine. Let’s just say Gerald and every other doom and gloomer predicting hard times ahead is completely wrong. Don’t store any food, water, protection, or precious metals. The store shelves will always be full, and you will always have your job. There, all better now.
I think Gerald is quite good at commenting on articles about himself.
This guy is like Nostrodamus.
If you wait around enough something will happen which you have roughly predicted. And like a Monday morning quarterback, there is a lot of telling you when they were right and tactfully forgetting when they were wrong.
I’m just going to wait and see…take certain precautions. Removing the fear factor, check out what is plausible. Trends are out there….
Yeah, his whole prediction last year about the “Panic of ‘08″ and the (then) upcoming “Economic 9/11″ thing was way off target. What an idiot Celente is! I’m just glad that we are sitting here enjoying financial prosperity, watching all of our stocks rise in value!
sounds like he wants you to swallow the cool aid. After all that is how he makes his $ people need to start thinking for themselves instead of listening to this wack job or others like him. Maybe some of his theories will play out but hopefully the human race is more optimistic than he is giving us credit for and will find a way to deal rationally with the challenges ahead
Excellent article, but I must disagree with the notion that this guy qualifies as a real futurist. Great futurists like Alvin Toffler or Ray Kurzweil spend the vast majority of their time talking to people who are much smarter than themselves. They talk to the people actually making something, scientists, venture capitalists, designers, etc. This is the value they bring to corporations. Celente is a Luddite Liberatarian who relishes the notion of devolution. That’s what comes through in his “predictions.” Any real futurist would tell you can’t know the future, but this inability to know must not stop you from engaging the future meaninfully.
Also, a lot of people “predicted” the sub-prime meltdown. They just didn’t get on the news.
This author Edward is a complete fool. Celente has been dead accuarate in forecasting the economic meltdown we are in the midst of. Edward the author here must be living in HUD housing and living off Gov’t welfare. As he obviously is Completely oblivious as to the global markets and economies.
Edward you could not make yourself look anymore foolish than you have with this article. Good job you have proved to us all you are a completely unaware, blinded, foolish, idiot.
Not liking or trusting Jones a.k.a. Tokyo Rose I’m biased from the start about who he has on.
Celente isn’t any better than anyone else who is paying attention and has a little common sense.
I’ll bet he reads a lot of newsletters we don’t know about.
Too bad our own people in Congress couldn’t have had half the insite he has. Barney Frank declared in August that Fannie Mae & Freddie Mac were solid going forward. The people on the east coast elected Barney Frank again even after his blundering statement and lack of direction.
I’ve been scouring the web for negative press about Celente, and this is the best you could come up with? Someone help.
Opinions are like a-holes everybody has one. So why would you pay someone for theirs.
Hi Ed,
I myself am, in a small way, a ‘predictor’ of social trends – not nearly in as big-time as Mr. Celente, but I do have a couple of ‘bullseyes’ in my track record.
I’ve only heard of Celente in the last 24 hours and have taken a close look.
Now I’ve read your take on the matter.
Sorry man, but you are waaaaay off the money.
Nobody can reasonably expect any futurist to be 100% accurate. Celente’s batting average is far too high for him to be dismissed as you do. Your ‘evidence’ is paper thin and you have subtly twisted some of the facts to bolster your viewpoint.
The simple-minded will be misled by you – as indeed they have been by Obama. Like that person, you talk (write) real smooth – but there’s little substance to what you say. (Tip: run for President – you’d be in with a big chance…)
Logically, therefore, there is something suspect about your thinking. Perhaps you better find another line of work (think “President”?).
My apologies for being so direct, but I call it as I see it. I don’t like seeing the unwitting being mislead. Increasing numbers of people have been (especially in the past month) been coming at me with “wow, you sure have been right about these events…”
Have a nice day, Ed.
PeterForde
http://www.trendsresearch.com/forecast.html
check out his forecasts and results then rewrite your article with a little truth
In regard to the wall mart criticism for example one must understand that the perceived generalism is in my estimation a specific consultative piece of advice worth billions. This is the kind of things these companies are looking for, when they are already spending millions annually on branding and image control a nugget of truth can make all the difference in the minds of many. But you obviously do not see that.
His success is dependent on being right you see and while I hope he is wrong about 2012 and so on he has been less then general in this regard so maybe you should plan out your future instead of going after Celente. See Celente’s recent interview from 11/08 at http://www.kylesainz.blogspot.com
[...] Gerald Celente, the hokey Nostradamus of our day. Celente also makes “predictions” and has foreseen doom in the near future. [...]
When I hear somebody forecasting –
“revolution in America, food riots, and tax rebellions. In four years, America will become an undeveloped nation. Holidays will be about food rather than gifts. ”
I dont see any place for “wiggle room” in those comments. Celente placed all his credibility on these statements and DID NOT leave any escape hatch.
Martin Weiss did the same thing. Just today Martin Weiss just stated the Depression has already started.
These guys are laying it all on the line.
You just don’t like doom & gloom (well,neither do I) but the reality is that we are finally paying for all the sins of the last 4 decades. Just accept it and be glad you are a part of history. One day you will look back at this and be able to tell your grandkids how you got through it.
[...] http://www.edrants.com/gerald-celente-futurist-fraud/ [...]
I think Celente is brilliant, mainly because he forecasted everything I’ve been forecasting for the past decade
, in particular:
– that the invasion of Iraq would be an unmitigated disaster;
– that the U.S.A. was technically bankrupt and would suffer a Great Depression;
– that we were witnessing a sea change in global econoic and geopolitical power that would turn the U.S.A. into an ‘also-ran’, mainly because its populace has been dumbed down, intimidated and beaten up by powerful Neocon-Zionist and other self-serving interest groups (to be fair, Celente doesn’t mention Neocon-Zionist);
– and, finally, that we are in a vicious cycle of self-defeating materialism (a statement that Edward Champion tries to belittle as a worthless generalization).
The fact is that the doomsayers have been spot-on, and the only chance of saving America (and the rest of the globe) is for more people to acknowledge the mess we’re all in, as well as to plan for the even greater mess that people like Celente have forecasted. I don’t see what purpose it serves to make fun of Celente, especially as nobody (including Edward) has yet been able to provide one single example of a major incorrect forecast by this extraordinarily perceptive individual.
I am a CFP(R) and I am a Director at Major World known financail publisher I trained many thousands of Stockbrokers here is my take:
When I first heard of Gerald I though he was a complete idiot my buddy kept playing his song so I took a few minutes and decided to check this guy out
What I discovered bothered me apparently he was very passionate and a very highly charged pragmatist so I did a fact check to determine exactly if what he had said had an ounce of reality to it.
What I found was as follows:
Moreso recently for whatever reason Gerald Celente has been extraordinarily accurate in the 1 to 2 years following his predictive trend especially in recent events doom pop hope love war tech postive negative markets energy elections personal life ect.
However GCs deep analysis is virtually nonexistant while the level of accuracy is uncanny there is clear lack of scientific analysis in what he proffers as the Trend while this may be proprietary any hard onlooker understandably must take issue
GC seems to be getting better with age his Trend Analysis was dead on for 2008 in fact it was so accurate he should be prosecuted for inside information its so dead on in fact one wonders how he did this its quite increduable
Not all of GC Trends were or are accurate in the past however it does appear what he is saying for 2009 may be again be accurate and the reader might do well listening in balance since his base facts I have verified.
Sorry I don’t agree Mr Celente’s reputation is hardly tarnished and is still intact at this juncture since his work stands up in a Jury Trial and the libel against him as offered here does not hold up – at least not at this point. I suggest you consider carefully some of GCs insights and reach sensible conclusions – maybe the author can become an “atheist” writer the piece is quite jaded there are more elegant ways of scribing a diagreeable nature with people and things
It is called trend analysis. Not everything will happen just as it is said to happen. You would be wise to listen and prepare for what GC sees coming. It is not about gloom and doom, it is about being prepared (having a plan) if these thinkgs do in fact happen.
Too many Americans walk around thinking that “it” can’t happen to us because we are the USA. I think you should all go see a movie or read the book “I.O.U.S.A.”. We are acting just like the Roman Empire… when it all went to hell.
The Roman Empire was the best/longest of its time. They made it 250 years. We as the USA are at 233 years and counting. Historically speaking there is a Depression about every 80 years. Let’s see, the last Depression was 1930… sounds about right. In the next few years our wonderful Government officials have put a law in place that will force people to withdraw money from their 401K’s (that is if we still have control over them… there are congressional hearings as we speak about confiscating them so that the Government officials can control them like they do your SS). The number of people required to withdraw will increase exponencially each year (baby boomers). You can read about that in Prophecy by Robert Kiasoki (Rich Dad/Poor Dad author). So, it is not hard to see how things could go south in a hurry. I am not saying that they will, I am saying that they could.
If you believe they could, then you need to be prepared (make a plan). Do it for your family. Servival is about planning for the worst case.
One point about the above article. Luxary will not fall because the rich will not be affected as the middle class. Remember the Rich get richer and the poor get poorer. If you would like to see what I am talking about you can youtube Kiasoki predictions of 2008. They were not spot on, but the point is that he had a plan. To find opportunity in the midst of the problem and to profit from it. Maybe you will understand what it means to follow trends if you watch that video series (4 parts).
Then again you can always think that the USA is “too big to fail” and become part of the problem because you refused to open your eyes to what is really happening in America.
Read Martin Weiss’s latest free newsletter, this guy is brilliant & very prudent and has been accurate since the 80’s -
http://www.moneyandmarkets.com/starting-now-americas-second-great-depression-3-28428
Bill I just read Martin Weisses free newsletter he is so far off on what to do its astonishing. He is 100 percent correct on the depression but if you follow his general advice its a disaster. You have to move out of the dollar not into “dollar safety” To keep on this Thread GC is releaseing a major Trend Analysis in 8 days love or hate the man he has my admiration for not being a sheep and never giving investment advice. Marin Weiss gave some very bad advice here, a heartwarming tale, and its shocking that while GC has a Trend that shows a 90% dollar collapse MW is suggesting you move all of your assets into Treasuries thats the last thing you should do right now so maybe he had it right in the past but he is way off in my opinion
Goldman,
Martin Weiss predicted the very thing we are going through back in 2003. I remeber when he did that because I remember thinking at that moment in time that things were relatively OK. Martin’s strategy right now is not HOW MUCH money you can make but HOW TO hold on to whatever money you have. In the newsletter he sent out Oct 1st he recommened getting as liquid as possible and buy 3 month T-bills so that you could move your money around WHEN you had to. His advice was not to tie your money up in any long term investments. Also, Martin Weiss doesn’t make any money by giving that advice.
Talk to some of the people that have been following Martin Weiss’s advice over the years and they will confirm that Martin Weiss is very sound.
The original point I was trying to make was that Martin Weiss predicted the coming depression just like Gerald Celente. Both these guys have predicted financial news with a fairly good degree of accuracy.
All the goofballs on CNBC or Fox News said nothing. All these guys were all telling people what stocks to buy and predicting how great the stock market was going to do.
Martin Weiss recommends to pull your money out, sit on it, and wait for things to stabilize. The waiting part could take some time, but now it is extremely volatile and nobody knows where the bottom is yet. Right now Martin revised the DOW bottom from 7200 to 5500. When he revised the Dow was at 7600. He hasn’t changed that yet.
I wonder if anyone can figure out what this means?
‘ A days wage for a Denarius, but dont harm the oil and the wine ‘.
NOBODY ON THIS WORLD CAN PREDICT THE FUTURE. ONE CAN ONLY SPECULATE IT. AS FOR GC, I SEE A MAN WHO IS SPECULATING EVENTS BASED ON CURRENT TRENDS AND I HONESTLY SEE NO HARM IN DOING SO.
WETHER WE LIKE IT OR NOT, USA AND THE REST OF THE WORLD WILL EXPERIENCE ECONOMIC MESS BEYOND OUR WILDEST IMAGINATION.
I thought your op ed piece was nothing more then a hit piece. I didn’t see any solid debunking OBTW i’m not a follower of Gerald Celente but my gut tells me he’s on to something. So Pollyanna go ahead and believe things are gonna be fine, no they’ll be great and stock up on the latest Iphones and bobbles.
I really enjoyed this article and would love to read more of the authors articles. Thank you for the article.
CELENTE ONLY NEEDED TO BE RIGHT ONCE
If l’d listened Champion twelve months ago, today I’d be sitting on 50% loss of my stock portfolio. It I had listened to Celente (rightly or wrongly) I’d still have my money.
So who is the schmuck here? Is it Celente of this Champion dope?
If Celente never makes another accurate prediction. One was enough.
Champion belongs to the chattering class. Full of advice to others yet dead broke himself.
actually, going through the list of disses actually GIVES Celente more credibility than condemnation. Telling IBM that the US Industrial age is pretty much over? I knew that back in the early 80’s and saw it come to a head with NAFTA and China’s Favored Nation. Predictable? Yes. Telling someone the obvious when they don’t want to hear it: Human nature.
Yes, people have to eat, but that doesn’t MEAN that they eat in restaurants. As a boy, I was lucky to go to McDonald’s or DQ once a month. Sit down restaurant? I remember the diner in Woolworth’s back in ‘61 and the soda fountain at the local ice cream shop. Restaurants have become the norm for eating because of double income families, where there’s no one at home to cook dinner. Likewise, microwaveable food is a constant.
Predicting retired folks staying home? Hell yeah. Who can afford to go out? If it’s a choice between buying your meds or shooting a round of golf, even a diehard golfer will choose the meds.
About Dillard’s? No big secret there. Folks that used to shop and Bloomies and Macy’s are heading to WalMart.
I have to think that Mr. Champion is avoiding the reality of what we face in this country today. It is quite easy to knock someone for speaking out in the form of a prediction but we have seen much of this play out in one form or another.
We have problems. We have some big problems and they are growing bigger. What do you think Mr. Champion? Think this wonderful economy is ready for a quick turnaround to prosperity? You better think again.
It is very conceivable that this nation will see rioting, chaos and other associated aspects of discontent. People are simply no in good moods these days. They are angry; and rightfully so.
It’s a big country Mr. Champion. Don’t make the mistake of thinking that everyone thinks like you. There is a large segment of our population ready to storm the halls of Congress tomorrow.
We are getting a big screw and they are responsible.
That’s right people listen to Edward Champion and
ignore the doom-and-gloomers like Celente Peter Schiff and Jim Rogers who, for the past few years, have been consistently warning us that the economy is about to implode.
The fact that my retirement account is up 280% because I listened to people like Celente Schiff and Rogers and rolled my IRA into a precious metals account while my brother kept feeding his traditional IRA and is now down $160,000 over the same time period, is just a fluke.
Thanks God we have people like Edward Champion out there to help set the rest of us straight.
I wonder if Mr Champion gets his info from Ben stein?
I’ve been saving in a 401K for retirement over the last 10 years and have been looking for investment advise from a variety of resources. Research into trends has saved me over 1/2 of my balance (saw an article that convinced me to roll out of stocks into money markets before the 2000 stock crash), and then another by Christoper Laird in PrudentSquirrel/Financial Sense and got out of the market in the summer of 07. Laird’s predictions are in par with Celente’s; but, if you want to know why we’re heading in the direction of a great Depression, Laird’s articles give you the nuts and bolts. You won’t have to take someone’s word on future predictions, you’ll be able to see it for yourself. Basically, the credit markets are leveraged at a ratio of 60 to 1, up to 1000 Trillion Dollars, all on paper. Now the markets are deleveraging because the consumer is tapped out and defaulting and the Fed’s throwing 5 trillion at the crisis can’t free up the markets: it’s just too big. We’ve had a consumer driven economy (Artificially low interest rates to prop up consumerism) far too long and now it’s time to pay the piper. But unlike the 1930’s, we have a record number of the population supported by a Federal Check…we’re not the same people we were 80 years ago…we’ve lost our sense of independence and self reliability and turning to the government to take care of us…and they’re the ones that caused this mess in the first place. I’m going to get prepared best I can…’hope for the best/expect the worst’! Good luck to you all!
My guess is that he is CIA
Sure America is down but the coming NAU will
put silver coinage in the pockets of Americans
and lift them to new heights.
will there be riots ? you bet there will be riots.
will the govt put them down? you bet they will ,with
extreme prejudice.
the NAU is coming get ready for Canadian type laws and get ready to let the good times roll.
the vast Majority of Americans do not care about the patriots,the constitution or even the flag.
50% of them do not vote and when the chips are down would go work on building the NAFFTA Super Highway to put food on their tables.
thats reality for you. Celente is right and even he will be the first to admit that outcomes can change when the variables change. The NAU is one hack of a variable
I’m just a little puzzled. The author noted that Celente had several correct predictions. “the time has come to see if Celente’s record truly cuts the mustard” was the author’s quote. He then listed a series of predictions over the last 20 years – and all of them were true. Exactly how is this debunking? I mean if the author, who is trying to demonstrate Celente’s fallibility, can’t even come up with one false, way-out-there prediction, exactly why should I believe him? What the author has done is make Celente look like a genius. Read his bullet points again. Mostly he just says that anyone could have made the same prediction. Well anyone else didn’t, so there.
I am not his fan but your comment here seems even more biased. People in stock market predict stock price based on current trend and knowledge. I don’t see anything wrong that he predicts future based on trend. You did mention the cases when his predictions were inaccurate. How about those that are accurate? Also, media reports every word from Bernanke(use to be Greenspan). Look at what they said in the past 3 years. Have they ever mentioned the current image? Yes now media covers a few gloom-doom people, simply because they have predicted exactly what would happen. Media never gave a chance to these people before. Let the people here from them and decide who is more fraud, Gerald or Bernanke.
Celente has been on target. It is because of his predictions 2 years ago that I was prompted to move my investments to a safe, stable haven and have literally rescued my retirement funds. I owe Celente. I’d like to buy him a drink when he is in town. Had I not been focused on Celente’s trend forcast I would now be out about $100,000 clams.
This author doesn’t point out that Celente forecasted the 87 crash, the Iraq war, and the dot.com pop. Also he’s on CNN and other so called left wing channels. Celente uses data from economics, history, political science, tech, and several other factors when he makes predictions. Alex Jones actually predicted 911 but Alex says flat out he gets his info from declassified government documents and IMF World Bank documents. Plus people inside Bilderberg meetings. He flat out says he doesnt predict anything, he just uses the Freedom on Information act to get info.
Also older Americans are staying home more and not getting out in the community and communicating with friends and neighbors like the used to over 10 or 20 years ago. They are staying home renting movies or watching TV. THis is having a huge impact on their outlook on life, mental health and information they receieve and this is what Celente was surely trying to get at but went over the author’s head.
Things have been very gloomy over the past several years and they are getting worse and worse not only for the economy but for the Constitution and the Bill of Rights and the AMerican way of life. To say everything is peachy for the good ole USA is just really, really dumb
I am not trying to blow my own horn here, but I too predicted the stock market crash of 2008 in September of 2002, and I am just a lowly maintenance mechanic for a food company! It did not take a genius to figure out something was wrong with the economy when in my case, in 1998 I was able to borrow 400,000 dollars on two properties that I owned while unemployed!
The mortgage brokers I worked with that helped me borrow $400,00 dollars while unemployed, used my 2 houses as collateral, took their commission and ran when it was all said and done. Three months later my loan notes were sold, then resold, then resold again to another investment group, finally ending up at Wells Fargo Bank.
Duh…..is that mortgage model sustainable?….Hell no! This is just one more example of Right Wing Greed! I must respectfully disagree with the right wingers…greed is not always “good”.
This article is way of base. You must work with the mainstream media. I’ve been listening to Celente on whatever show I could catch him on and have been reading his web page/journals for a little over a year. He has been on the money and has been called a wakko by many. People need to get some class and admit that they were wrong for believing everything that has come out of the banksters mouths and give some credit to the people that made multiple great analysis. Now VP Biden is talkin about another stimulus in the amount of $600-700 billion which means print more money and further devalue the dollar. Celente warned us of these garbage practices. But the sheep will all line up and say “brilliant idea, brilliant” and a couple of months later when it will take a suitcase full of money to buy a loaf of bread this author will write another article disrespecting Celente.
I also predicted it in the fall of 08, but everyone here seems to be on the doom and gloom, but obviously none of you people (or very few) have never seen or heard the man for any amount of time because he is not all doom and gloom. He states that there will be ample oppertunities for the smaller communities to do well after the initial shock of the collapse.
One need only turn to God and read the Bible to know that things will get much worse. Read Jesus own words in Matthew 24, Luke 21, and Mark 13. Gerald Celente is saying what others are afraid to even think. Jesus is coming and before He does, things will become darker and darker. REPENT, for the kingdom of heaven is at hand.
Gerald is not offering us a fear you stupid asses, he’s asking us to re-evaluate our priorities. What do you think for how long the rest of the world will slave for us (Chinese for example-they work for 59c a day)? Or for how long we can have troops stationed in 130 countries in the world? Or for how long US automobile industry is going to keep making and selling us shitty, 3mi/gallon car?
Things don’t last forever, let alone BAD things, and what’s going on right now in our country is BAD. We have to start learning to live modestly, or we’re doomed…or they told you in you daycare that prince will come and wake up the beauty with the kiss??? Morons…
Here’s another economic FORECAST article and link below. By-the-way, the sky really is falling. So watch out for people who begin to snap like tightly wound rubber bands. I saw a person leap out of a one story building the other day. It’s getting that bad. “Bring out your dead.”
http://www.321gold.com/editorials/wiegand/wiegand122208.html
Come on folks! This guy is a snake oil salesman! We are not going into a depression nor is the world as we know coming to an end. I am a investment banker and have done very well, I say this so folks know I have a little insight in this. Any fool has known we had a real estate bubble, also any fool knew gas prices over the last 3 years broke the back of our economy. It’s that simple folks, there is no secret. Celente is a punk and a media whore and makes very little money at his so called profession. If you notice all his quotes are from news outlets, no CEOS, no Bank Presidents, no Business owners. Among my peers this guy is a joke!
Atheist Pig-Fucks love Academic Abuse.
You have clearly had too much naked illogical atheistic drivel to ever be objective on this issue. Since you like to abuse academic language, I hope you don’t mind my abuse of the vernacular. Firstly you suck the oozing shithole of an aborted cow fetus because you say he is inaccurate in his predictions because his predictions are too obvious, and generalized, to be considered predictions. Unfortunately you have failed your way into the depths of dick cheese from a sweaty unwashed homeless man because science itself is based off of a predictive model using Hypotheses. You could call all scientists “Soothsayers” for making informed guesses at phenomena, but you instead choose to fuckwittedly refer to a guy who uses the same model of prediction on social and economic phenomena by this loaded term. Since you are a shit headed cock gobbling ass tobogganer, who only uses such terminology when referring to material you wish to ride the bandwagon of so-called de-bunkers onto what you collectively perceive as outrageous, unscientific, Christian, laughable, “Paleoconservatives”, I don’t think anyone could expect anything less from you.
What I find interesting in Mr Celente’s trend analysis for the coming years is the notion that we will be going more towards a local type of market as opposed to global. Buy local, support your local community, etc.
I do not see that as gloom and doom but rather as a return to a more humane way of life, which is good news to me.
Is Celente any more or less a fraud than Bernanke and Paulson, or economist like Krugman and his Keynesian buddies?
Nobody knows the future but some understand the past better than others.
Celente saved me thousands of dollars in my IRA by predicting the last crash. He has actually called out a date (Feb 09) for massive retail failures, retail bankruptcies and layoffs. That’s not a general statement. If he’s right we will certainly be able to judge.
Celente has claimed that as the Fed reduces interest rates to spur the US economy, the dollar will lose its value, and will eventually to worth about 10% of its current (2008) value. Well, the Fed HAS dropped rates to almost zero, and the dollar has not tanked — if anything, it has gone up against the Euro as well as most international currencies (except the yen) since he first wrote his article. So he is wrong so far on one of the fundamental aspects of his argument. If the dollar starts dropping rapidly, I will start to believe him. Does anyone know where he recommends investing?
All i know is that by listening to Celente, Robert Prechter, and to a lesser extent, Peter Schiff, I made more money, faster, than I ever have in my entire life.
Don’t let patriotism, faith in capitalism, or dogmatic optimism rule you. Wake up and smell the data.
Larry, the fundamental question is inflation or deflation?
Celente and Schiff both say inflation. Prechter says deflation first, then inflation later.
If you think inflation, your answer is dump dollars and buy gold now.
If you think deflation followed by inflation, then the answer is to put your cash in the safest place possible (treasury direct, mattress) and buy the gold/real estate at the bottom.
But in both cases, dump your stocks NOW, because either way they are going DOWN.
And of course if you think everything is going to recover and go back to ‘the waaaaay we weeeeere’ then you should “buy and hold” (teehee)…
Jealous much?
I guess the only way you’re going to get more hits is if you bash a guy that is very public about his beliefs, and gets his calls confirmed time after time.
Moron.
This is in reference to so called Investment Banker John Stein – you punks missed forecasting the melt down by a mile and are still trying to steal from the gullible people by saying turnaround is near. If the blood suckers on Wall Street and CEOs were so smart why don’t they bring their respective companies out of insolvency without begging everyone in the world to bail them out. I think Celente will loose credibility the day vermin like CEOs and Bank Presidents (think Fuld, Blanken etc.) endorse him. If anything good comes out of this crisis is to wipe the IB profession clean.
Larry,
I am also watching as the Fed lowers rates nearly all the way and the dollar is not tanking, and wondering the same thing you are. I think there are a lot of other confluences at hand in that the dollar is still the worlds reserve currency and although the mess started in the US the fallout world wide is as tough on everyone else seemingly. But what goes up must come down and our books do not look too good at all. Celente points out that it will get real bad in late Feb and into March, but up until then the magic of the newly elected President will sustain things more or less. We know that stimulus package is going to be rolling out soon and that will stimulate……for a while
Tonight for the first time I heard Celente on an AM talk radio program. I am in agreement with him that the central banks and paper fiat money are the root of the financial malaise. Until this is addresses, workers will not have the value of their wages. I salute Celente and also I appreciate your excellent critical approach to his instances of shallow commentary. Today, Jan. 2 2009 he is one of the few voices stating clearly that it is the bankers who are destroying the country. Good luck and “take care.”
I am not even sure what this article is about. Are you trying to obfuscate the current situation by saying those who predicted it were vague in their statements.
Do we not have a fiat monetary system that was doomed to implosion? Do we not have many, many people in the financial industry who don’t even understand the monetary system?
Did all the financial geniuses deny the coming recession? Are all those same people simply doing the same nonsense that created the problems to begin with?
What is the point of this article? You don’t like the fact that there are people out there saying that we are in bad shape, and it is going to get worse?
Didn’t take a genius to predict the crash of ‘08 a year in advance. The indicators were obvious. But Celente’s not only a fraud on the future, he can’t even see the past. Example: he describes the ascendancy of Barack Obama as mainly the result of Oprah Winfrey’s endorsement. “With the undisputed Queen of TV in his corner, the Obama campaign suddenly transformed into a flawlessly packaged Oprah production…. every event was staged to perfection… as if by magic, Obama, an adequate public speaker, became the master of the Teleprompter…” etc. Only a fool who was paying no attention to Obama’s career could make such a preposterous statement. He didn’t see Obama’s speech at the 2004 convention? He didn’t pay attention to his virtuoso performance in the 2006 Senate race? He never heard of Axelrod or Plouffe? Or are his sole sources of news USA Today and Fox?
“the vast Majority of Americans do not care about the patriots,the constitution or even the flag.” David
I agree with this statement and would have to say that Celente is not just a “doom” theorist… Everyone is skilled in area and in the research I found, this guy seems to do his homework. America people have a huge problem with the troops whether its said outloud or not. Some people dont even know how many stripes are on the flag … OR WHAT THEY STAND FOR… The truth is the country is fading and something will give… I dont believe that it will be as bad as celente sais it will be, I mean the people of america are obsessive by nature, and we will come together through common interests and I believe that common interest will be the change of America. God bless you all.
K
You know you can talk about celente and infowars and doom and gloom but the simple fact is that our money is produced by private banks and is barrowed by our government by corporations and individuals and it is perpetual debt that keeps our economy alive as long asthere is debt then there is money but when people cant work and make money to pay the debt then our economy fails and it is because the bankers want it to you want to know about whats going on with the economy me then copy and paste this link then you see the predicament we are faceing its not doom and gloom its the plain truth about money and how its created and what happens to countries and governments whos econy are based this way
http://video.google.com/videoplay?docid=-9050474362583451279
If Paul Krugman is now talking Depression (NYT 1/5/09) I guess we really are in deep doo doo, Gerald Celente not withstanding.
Here you go:
http://www.upi.com/Business_News/2007/11/19/Forecast_US_dollar_could_plunge_90_pct/UPI-48761195499806/
You know, I only recently heard of Celente and was very impressed by his list of specific and accurate predictions. However, the skeptic in me has a hard time accepting this sort of thing, so I googled, “Gerald Celente” “fraud” to get the other side. Unfortunately, I came upon this article, which offered nothing more than a few instances where he was vague and obtuse, but provided no serious refutations to the several accurate predictions he’s made. I expected to see an article highlighting a large number of incorrect predictions and arguing that if you throw enough shit against the wall, some of it is bound to stick. Instead, your refutations are kind of beside the point and do nothing to directly contradict the very real prognostic successes he’s had.
Those who say Mr. Celente is a wingnut miss the point the same as those who elevate him, or any amongst us, to a prophetic level. The ebb and flow of the events in our lives are as constant as that of the tide.
My problem with the dogmatics in our world is their utter adherence to ideaology. Sean Hannity is an idealog the same as Alex Jones. His followers, for lack of a better term, are as loyal and rabid as his counterpart’s. Niether camp would ever truly concede a point. Even when such a concession occurs it is not profound nor is it very sincere. Typically it is merely a matter of appearance.
I listen to NPR as much as WABC, here in New York the home of Rush and Hannity, I read the Times, The Journal and the Post. Not because I am laying some gesture of balance before the Gods of the time, but because I have come to recognize that all of us maintain an agenda that is not always evident. Even to ourselves!
An example: during the freeze up of our commercial credit markets in October and November we kept hearing about how it was a result of sub-prime mortgages. And yet that seemed incredible to me. To easy an explanation. The local news here in New York was concentrating coverage on the institutions that were folding the way Merril Lynch was. Hannity and Rush was pinning the whole thing on the left as a result of Fannie and Freddie and the fact that they were largely run by members of the democratic party. Truthfully the Journal was talking over my head and the cable channels were talking below me and saying nothing of any substance. Only a single program on NPR took the whole thing apart. From the opening of the sub-prime mortgage market, to the securitization of thousands of these mortgages into bundles that didn’t accurately market them as elevated risk assets, to the credit default swaps and short selling that took down AIG who insured these securitized debt instruments. Financial institutions were collapsing left and right and that froze the commercial credit market where the Walmarts, 3M’s, and ConAgras of the nation go to get short arm loans. This is when we almost collapsed. This was the genesis of the bailout. When Henry Paulson began getting panicked calls at the Treasury from corporate giants saying “We can’t cover our payroll next week” the panick ran through the economy. We were in mid-collapse, and almost no one was getting to the heart of the matter.
Ultimately I gathered most of my information from a two part special of NPR’s “This American Life” that dealt with the subject. And I only came upon it when I saw it on my Itunes podcast calendar.
The point? Don’t take your information from only one source that you deem safe or reliable. Nor should you discount information from any source. We are humans and smarter than we think. I am a carpenter and bang nails for a living, and I live to be informed. To synthesize an understanding from all the aggregate information floating around me.
Not preaching…just saying…
People with his reach though, run the risk of generating self-fulfilling prophesies. Lately I’m thinking maybe if all the media would stop saying “No end in the real estate downward spiral” then maybe the downward spiral would actually end. Who’s going to buy a house with everyone saying it’ll be worthless in a year?
Sometimes I suspect people like him are part of a conspiracy to cause economic disasters that they can collectively take advantage of.
I came upon some of Celente’s old material and thought I’d poke around the Web and see how’s he’s been doing lately. Pretty well, I’d say.
Boy, they are are tons of doom and gloom Infowar type of people defending GC. If he doesn’t come up with analysis how he came about his predictions, you want to give this guy credence? Oh, please. I knew we were going to get hard soon with so much risk the banks took. You guys are ridiculous
Today is January 13, 2009 and next week President elect Obama will be our Commander in Chief. Because our nation and the world’s economy is in unprecedented times I cannot see how someone can predict our future based on the past.
Our next president’s team of leaders are so eager and bright the challenges we face will not exceed our willingness to succeed. That is my prediction.
Wow, this is the only half wit with a negative oppinion on Gerald Clelente I could find. Remove your anger my son and you might see a little better. It seems as you are the one using his name to get traffic to your crackpot blog.
The only reason this guy (Celente) is showing up on conservative media right now, is that the cons are looking for anyone who is not optomistic about the future, so that they can validate their negative views of Obama before he’s even done anything.
Walker – You committed one of my pet peeves…unless you are in the military (which you may very well be), Obama will not be your Commander-In-Chief. He’s just your president. The president is not C-I-C of the American people. Sorry…that has been driving me nuts for the past 8 years. I wanna puke every time I hear Bush referred to as C-I-C of the American people.
K Thomas you fucking tool, intellectual fraud that’s what you are, you probably think Obama is the messiah. If you wanna point fingers start pointing at the FED first and then to scumbags like the author of this article who a year ago probaly would of told you to stay invested in your stocks. Fucking Tool, go listen to fucking NPR and CNN leave the real news and info to the alternative media
The system, whether social of economic can only exist if we believe in it. Once we stop it falls apart. I’m under the impression Mr. Celente whether intentional or not is attempting to undermine our belief in that system. Following a trend or pattern may lead us to a conclusion that we were meant to be led to the whole time.
There is no doubt that certain organizations use the media to manipulate the population(sheeple),and in order to do that they
create trends. Gerald notices them.
It certainly makes me question his motives and intentions when I see him being embraced by FOX, CNN, The NY post and Oprah.. All of these organizations are not reputable when it comes to journalism or truth. It could be considered guilt by association.
One thing that I feel is true, is when enough people believe the sky is falling, in this case it might as well be.. Better to be safe than sorry.
Ed Hate to burst your bubble but Gerald is not the only one to predict the 2008 stock crash (before it happened) and Civil unrest in 2012. Unfortunately not a very bright outlook for a Nation that continues to turn it’s back on God…
He speculates on future events based on current trends and facts. I am skeptical about the 2012 undeveloped USA. However all the trends he talks about are here now, the real question is where they will end up at.
There are major economic shifts, which have been in progress for a while are having their effects felt.
A tax revolt for the same reasons happened before at the end of the 1970’s. At the Local, State and National levels are now out of money and are now coming up with new fees, fines, assessments, permits and on on – let’s call them what they are TAXES. The question is how long will it take before people get feed up. Three years does not seem long enough to me. One way this could happen faster is if lazy dead beats, over spenders and losers the of the last few years are given an endless stream of government handouts and the working, working class is squeezed harder and harder with more and more fines, fees and taxes. Then it could happen much faster.
Revolution, food riots? Who knows? That’s the doom and gloom thing like if the US defaults. Even if this were to happen it will not be the end of the world. But some major adjustment in lifestyles will happen. I personally think when this phase is over Americans will be poorer and more divided. This is a natural outcome of the separation of the productive & smart and the unproductive & lazy. This will happen no matter what government does or what PC wishful thinking says .
No I am don’t own gold. I have shorted it when the opportunity presents itself. If you are smart with your wealth you will do very well I think. There are many wonderful opportunities coming.
I’ve listened to Celente a few times on George Noory’s show. I got so depressed I thought about killing myself a few times. Even though I should know better judging from the shows he goes on.
This article is just a bank-sponsored propaganda piece about someone who is brave enough to level with the American people about the deep hole they are in.
The reason the author is whining, is because people are actually turning off their spin-boxes, and searching out individuals who were not trying to sweep the tyranny under the rug.
[...] Y como hemos tratado desde siempre, en pro de la búsqueda de puntos de vista disonantes, he aquí “La Contra”; un artículo que dice que Gerald Celente es simplemente un charlatán. Clic. [...]
Umm, this article would have made sense to me if your list of stuff had included predictions he got wrong. Instead you just listed a few simple quotations of little significance and spouted bizarre, disjointed commentary on them.
Well I’m not a bank sponsored propagandist and have to say this guy was completely wrong about inflation and tax rates for the past 3 years. It’s easy enough to model future hyper-inflation when oil is $140, but now what will he say? I guess now it will be be hyper-deflation. Tell us something accurate about the future instead of taking current conditions and framing them in the worst possible light because what you’re doing now is a fraud.
..correction- I meant interest rates, not tax rates.
A very pathetic attempt at an article. Who is your prime audience, IQ class 90 and lower? It doesn’t take a genius to know that if Mr. Celente is right about the food crisis and troubled times ahead, they won’t be troubled for all. The rich are still getting richer. Its the middleclass who’s getting screwed.
Do you really want predict just like Celente? Just follow these easy instructions:
1) Take the hottest money-making trend, give it some staying power, and then make it crash. (ex: “Gold will plateau two years from now, and then will suddenly crash! OMG!!!”)
2) When sh!t does hit the fan, take several common-sense strategies on how people save money, and their consequences. Instant predictions! (ex: “Less gifts during Christmas! Families moving in together! People trying to save energy! Stores lose money!”)
3) Throw in some extreme examples of really messed up stuff, and give some general explanation. (ex. “We are going to have another school shooting within the next six months! And it’s ‘cuz kids are f#$king crazy!”)
4) While you’re at it, talk about how technology will help out a particular segment of society. (ex. “Elderly populations over the next 10 years will be more internet-savvy, and will increasingly join social networks! And kids will use more interactive learning software in school in the next five! How do I come up with this stuff?!?”
Just follow these steps and, with a little help of a good PR manager, you can be on Oprah too.
I am not Gerald Celente and I can tell you
there will be riots in the streets of america
by april 2009
there will be 15 million unemployed by october
wake up
the Illumniati and masons and bilderburgs
control everything
but someday they will meet a king
that will smash them to pieces
until then who cares
grow a garden grow some chickens
get married if there are any straight woman left out there
have sex have some kids and live your life
any asshole that can only write to attack someone else is just a waste of time
why dont you youtube Peter Shiff
is he wrong too?
I am not at all happy with the people who don’t like Gerald ! He is a fairly funny, old codger, a feeble minded old-fart who scams the U.S. Goverment out of their taxes just like the boot leggers of old. I’d bet he even pisses the bed, from time to time. Knowing he is dishonest, makes me feel good, in an odd way. If it weren’t for dim witted fellows like him, I might feel below average..but compared to him, I am a Superman ! Thanks ol’ Man, it’s unknowledgeable, using liars like you who really give us nice guys a boost! I only regret I shall never meet him, since I do not find my way often in the company of rats.
I do not like his recent forecast of food riots and America becoming a banana republic and so on… and I do not actually think those things are true in the way he presents them.
Nevertheless, I find this article to be just awful. The complaints about his “bad predictions” turn out to be just so much noise about how “anyone could have done it”. Well, many other people did NOT do that, so it must not be all that easy.
I tried to find video or an article written of his last prediction that the US would fall into a depression prior to the collapsing economy and couldn’t find anything. I’ve determined that this guy is a crack pot.
Whether you want to call it recession or depression, it is materializing as we speak (write). Is it fraudulent to construct predictions using past experiences as grist? Celente is merely using all tools at his disposal to try to formulate some future scenario which might impact the lives of Americans. I do not get the invective tone of the article in this regard nor do I object to seeking to understand one’s environment past, present and future. Celente is a trend spotter, not a soothsayer.
Look there are forecasters in everyday life. If Gerald Celente professed himself as a Nostradamus or a prophet then I would take Mr. Champion’s article to heart but the truth of the matter is, Gerald Celente is only a speculator no different than a wall st analyst looking at charts. Of course no one can predict the future but one can look at trends and try to evaluate a potential outcome which is what Celente is doing. If anyone takes a person as a prophet then you deserve what you get.
I think it is useful to follow trends and make evaluations based on them. To take it to some other level is ridiculous.
Ok the author pulled a very old trick. Swap words. He transplanted trend anaylsis with Psychic. The guy uses historical trends and transposes them on current trends. In 1939 The government “closed” the banks and put you in jail for 20 years if you owned gold. In 1939 we had manufactureing to lean on… today we don’t. In 1939 Roosevelt called Stalin Uncle Joe and was impressed with the way he ran his country so he modeled programs after Marxism. Today we should know better. I found this guy because he was talking about the same trends I was already following. I also believe that Commercial property market will tank this year. Knowing that this is coming makes this spending bill that just past CRIMINAL. Trying to trash this man is a way of saying “how could we of known?” A senator once “predicted” if Dem’s keep ignoring reality while legistlating we will hunting them with dogs in the near future. I guess he as well was just pointing out the obvious.
It does not take a wizard to make these predictions they are obvious. Guns, ammo, and safes are having a banner year. Many know what is coming without his input. He is right on the money but surely he is not the lone perso with this with this wisdom.
Bad times are coming. When it becomes no longer profitable to import food and other items, we will not be able to just walk into a store and buy food or other supplies. We will need to flee the cities as there will be millions of desperate people looking for food. Paper money will mean nothing, investments and savings will be unattainable. The heat, gas, water and electricity for our homes will be turned off. To survive people will create gangs of small communities that look for and take by force what they need. Mega cities will become mega ghost towns, giant tombs of the dead who were too foolish to leave when they had the chance. Celente is right, but things will escalate far worse than even what he is predicting. Plan now or be crushed by this coming wave of change.
Take care. Nex.
[...] the Gerald Celente post continues to draw plenty of haters to this site. And that’s fine. Because everybody needs a hobby. But I’m pleased to report that [...]
This article is written terribly. The author is witty and humorous, but that does not mask his obvious lack of utilizing serious facts that might support his ideas that Celente is a “quack”. Just because he is vague and makes generalizations does not mean Celente is incorrect. I, for one, was amazed at an interview I saw in 2006 when he predicted Obama to win if the economy holds as the main issue (if it was going to be the war he predicted Mcain). Amazing really–when you consider Obama is black and he still predicted right in 06.
Your criticisms are very nitpicky. Have anything worth reading?
The core Obama hopefuls – the liberals and socialists – thought they had arrived at a crisis that was their golden opportunity to hijack the US Government and put it on the road to Socialism. They are incapable of acknowledging the realality of the meltdown they have been instrumental in creating with reckless government policy.
The Pelosi orchestrated “stimulus” bill seemed to be the opportunity to push us over the edge while rewarding all their Leftist constituents – call it the greed for power.
But thanks to the Law of Unintended Consequences what they have managed to precipitate with the irresponsible, reckless spending bill is the beginning of a global collapse, begun by the Barney Frank/Dodd mortgage giveaway to unqualified borrowers and spurred on by Pelosi/Obama massive transfer of middle class wealth to those at the top and bottom of the economic ladder.
Hold on folks, we are in for a rough ride.
Well, many in here can read between the lines, and after reading your article they have come to the conclusion that you’re absultely wrong. If I were you I would delete this entire page. By the way, you picked on the wrong man.
The sky is falling! How is it that the change agent,hopemonger,Mr. inspiration has become the Fearmonger? Thank you Mr. President,for the I told you so’s!Say what you will about Mr.Celente,but he appears increasingly to play the role of prophet and successfully.
This is going to get scary,Soylet Green scary!
Even a stopped clock is right twice a day. Who’s actually keeping track of his percentages?
Wow this article is pathetic… Just delete it… I have been looking everywhere for something negative about Gerald Celente, and I come across this… This article makes me believe in GC even more actually… Quit while you’re ahead…
Good stuff…
Eric Tyson, author of Personal Finance for Dummies, has many useful articles on the true track records of various gurus
http://www.erictyson.com
Alright, I can appreciate not needing to panic over one man’s predictions; analysis of trends. And yet, where accuracy is at issue, why make sweeping comments that are way out of touch? For instance, Alex Jones, a “paleoconservative”(?) Well, his MO is admirable in that he fights corruption. It doesn’t take too much research to know that a good portion of the banking bailout has favored white collar criminals, trading in derivatives, since the politicians who allowed this to happen are on their payroll for campaign contributions, etc… Jones was just as vehement against the Bush administration and Republicans as he is against corruption and facades of this new Obama era. He doesn’t “bask” in anyone’s opinions. Far too detail oriented. I think it’s about time people begin to wake up from dreaming of reality as wished for, and use our common sense.
Let’s see – it’s 3 March and the stock market has had its worst Jan and Feb since — the 30’s. GE on death watch with most other big banks, AIG receives 4th huge bailout, GDP down 6.2% last quarter, Omama budget breaks all records, Hillary begging China to keep buying US bonds, big 3 are walking dead, unemployment rate goes up every month since this initial blog, economic riots in a number of other countries – I could go on. Yea, Celente is clearly a fool : )
Amazing how accurate he has been! A lot of you folks just can’t handle the TRUTH!!!
Also, when you realize that all of these politicians who now reside in DC (District of Corruption) are all virtually part of the same group – you have been lied to.
looking at human behaviour and human history can leave one in no doubt that Global catastrophe is just ahead. I will use the reality of mans past, which is war,war,more war, leading to world war one, world war two, and I beliave world war three will shortly follow. Past trends of the human family lead me to conclude that third world war is as inevitable as night follows day. To come to such a conclusion does not make me a prophet, but is I believe a conclusion based on sound historical and indisputable human behaviour. Gerald Celente follows a similiar line of reasoning and I concur with much of what he says. Irrespective of who says what, or why or when, the reality is any rational reasonable individual would have to conclude after making a prognosis of this worlds problems that it is in terminal decline.This is not a local cancer, but Global cancer.
The United States is in a depression right now. Fact and figures are being falsified by those who truly run the country in an effort to fooling you into thinking you have hope.
I’m no fan of Celente.
But Edward asks a bunch of questions without ever refuting a single forecast or other thing that Celente has commented on.
Edward is nothing but a pussy and a cry baby.
Edward adds nothing to the discussion or debate about current events.
Edward is a waste of cyberspace.
You people are cretins. You really are.
predicted economic turmoil? Any 2nd year economics student could tell you the salad days don’t last forever.
Some of you really seem to enjoy the idea that times will be harder than they were a few years ago.
Here’s my prediction. The economy will improve in the future…then…wait for it…it won’t last forever and there will be tough times ahead. Every year the good times last I’ll start making more and more predictions based on past economic cycles that tell you all it’s going to get bad in the future…
I’ll be a genius
you’ll still be stupid.
It’s rather interesting to see how panicky some people get, expecting the N.W.O. to take over, the Amero in 2010, this all being caused by an abandonment of God, etc.
Things are bad, no wait, they’re really bad, as bad as it has been in most people’s lifetimes. But, I don’t think Celente is the most prudent voice to listen to (Nouriel Roubini, Marc Faber, and Jim Rogers are the pessimists of choice). I don’t see things bottoming out soon, and I dont expect a recovery until late 2010 early 2011. But taking Celente’s word to heart is not worthwhile, mostly because he panders to Alex Jones/Jeff Rense types that thrive on the worst possible news and constantly run with it.
The likely scenario is a worldwide lost decade like Japan experienced in the 1990s, not another revolution and the degeneration of America into a third world country.
If this is the worst press on GC im gonna keep an eye on him. Fail to prepare , prepare to fail. Truth is relevant to what you have invested in it and as this is a global crisis we all need to listen to people with a credible track record. Some see his predictions as doom and gloom but i for one see them in quiet an optimistic light.
ATTENTION READERS:
If you disagree with this article, don’t do the author the favor of leaving any comments, blog sites like this are meant to gain search engine ratings through comments like yours by falsely discrediting credible people.
The more comments you will leave, the better the authors search ranking.
I like this one,,,as from los angeles it seems we are losing the country!
the local college pushes ‘global citizenship’ while having 700 illegals from mexico and ? from other BFE countries.
i like
‘Ok fine. Let’s just say Gerald and every other doom and gloomer predicting hard times ahead is completely wrong. Don’t store any food, water, protection, or precious metals. The store shelves will always be full, and you will always have your job. There, all better now’
I think the only way Gerald can get paid is by pumping sci-fi fear talk because that is what his reputation is built upon. If you look at his track record he has been wrong numerous times. Just look at the US Dollar as an example of realty. Gerald along with his depression predictions should have resulted in the crash of the dollar. In fact if even 50% of what Gerald is predicting about the future of the US were believable the dollar would be still crashing. In realty the dollar has gained as the word looks to the US for safety. If you want sci-fi entertainment to fall asleep to at night then follow Gerald. If you want smart analysis of the economy then follow Nouriel Roubini.
Celente’s predictions on dollars and gold seem to have been held up longer than expected, but he sticks by them.
Not one Technology the West has is of its own creation. All Mathematics, Science, Engineering and Inventions are of Eastern & Asian origin. It is just that a while back, the Westerners during “their” Industrial Revolution and previous centuries earlier during their “Renaissance” bought most of the inventions and technology from Easterners/Asians. Then after this mass-produced these technologies and stamped their Western names on it all. In the process the entire Western History is all based on fraud.
Most of the resources were stolen from the rest of the world by the West, leading to their “3rd worlds”. By using the very same Eastern Technologies such as firearms, turbochargers reversed into turbine engines, piston-pumps reversed into piston engines and airfoil airflow laminar flow airfoils for flight, the West waged war on all other non-Western nations from where these technologies originate from! Then of course doctored the history as if these inventions are from dull Westerners.
These are all Eastern Inventions, stolen or bought by Westerners, mass-produced and misused by Westerners. So they could ultimately rob the rest of the world of most of their resources. Now this is changing. The fraud and theft which made the once-3rd world West into the “1st World” is coming to an end. The ignorance and stupidity of most Westerners is what is ultimately going to get them mass-exterminated.
Westerners are unskilled and have very poor Mathematical, Science, Engineering and Technology abilities. Even during the World War II days, all Westerners needed an Eastern Chief Engineer and Scientist in their Laboratories to even understand these technologies. More broke Eastern sell-outs making a buck.
Westerners are all about Marketing, Sales, Business, Distribution and robbing others inventions, mass-producing them and selling them, making money off of them. Most Westerners care only about money, not about any real Technical, Engineering and Science skills.
This is why the Global Economic Collapse will be the greatest balance this world has seen. Only Technical Skills, Engineering and Scientific ability will allow one to produce anything. Since the Easterners and Asians invented all this technology, not mass-produced and distributed it like the Westerners have, it the future world will be re-ruled by the Easterners/Asians. Like it has been for most of the truthful history.
Westerners only got ahead for a few centuries by robbing and copying everyone. Very few Westerners are Engineers, Scientists, Inventors, Licensed Technicians, Medical Doctors/Surgeons and Researchers, compared to the Easterners/Asians, Westerners are backwards at Engineering/Technology and Science. 3% of Westerners are into Engineering/Technology and Science. Where as 49% of all Easterners/Asians are some type of Scientist, Inventor, Technician or Engineer.
This is why the West relies on skilled overseas immigrants to design, build and test most of their technologies, with Westerners as the front-people representing those companies, with Easterners behind the scenes developing all these so-called “Western Technologies”.
The False Pride and ignorance which dominates the West, will abruptly come to an end. Mass extermination, famine and fascist militarism will dominate the West and reduce it to territories of the East.
Just know that the foreign world owns 65% of North America now. Wait till they cash in their chips, all those FEMA Prison Camps, all 940 of them throughout the USA and Canada, will house tens of millions if not hundreds of millions of Americans and Canadians, scheduled for mass-extermination.
Meanwhile, the plan is to import another 100 million overseas non-European, foreign skilled workers into all of North America within the next 8 years. If you people were educated as Scientists and Engineers then you would have been worth a crap. But you’re not. Time for you people to be eliminated for good. When the Eastern Nations who own most of America now decide to take ownership of America, most of you here will not be suffered to live.
Even the domestic food production base of North America has been all but eliminated. 81% of all food consumed by the USA needs to be imported! Those imports will cease when the Economic Collapse and devaluation of the dollar comes forth.
Lack of food itself will be used as a weapon upon North America: Tens of millions, even hundreds of millions of armed and un-armed North America citizens will be worthless when they’re all starved out. Because if not severely weakened, the few who do have farms and food will be killed by the masses who do not.
Doesn’t matter how many people are at hand, when they’re all starved out they will resort to violence and barbarism when they haven’t eaten in days and weeks. This is all coming to North America soon.
America itself was never really a nation, but was set up as a Corporation by the overseas Bankers from day one. It was also planned to be collapsed later on, just like any other Corporation out there.
Those of you who are scoffing at these facts, have another thing coming. I bet you, that most of you are in so much denial about reality and truth, that when all these things to come to pass, most of you will commit suicide.
Some of the people here who know these truths and bleak future for the West, are at least changing their ways somewhat, so that they might be able to survive what is coming. But most of you here are doomed.
Celente is presenting facts. But I know most Americans are lazy, ignorant, delusional, self-centered, stupid criminals and hate living in any truth and any facts.
So good, that is what is going to destroy 90% of you parasites. Keep up the good work, you’ve all mostly signed your own death warrants.
Although this blog is interesting, the truth is that Celente deals with TRENDS, not truth. If you want truth, go to philosophy class. A professor I had at Rutgers once said “it takes genius to state the obvious”, and Celente’s genius is in doing just that. After all, mid-range restaurants did fail, the bottom never did fall out of the luxury market, and Celente’s 2008 prediction of the greatest Depression being upon us has panned out in more ways than one – I think he and Peter Schiff were the only two pundits that were really accurate on that point, but at the time they were laughed off the stage. With tent cities cropping up, farmers cutting back, and third-world countries devolving, one might’ve thought 3 years ago that none of this would be possible.
Celente is way beyond your wee little minds. His forecast trends are at a very high “birds-eye” view. Give it time, wait a minute, it is time! He is accurate! All he really states is to stop depending on the higher power. Have foresight in your life and dont be a parrot for mass media. Buying gold is not a money maker dipshit, its a safe haven. Having Bush Gardens is not a exit of grocery shopping, its a call to action. This article is crap, sorry i wasted my energy…
The person who wrote this article is obviously a Government shill trying to divert people’s attention away from what is really going on in front of us. I’ve listened to Celente the past year and what he says is pretty sound to me.
I’m sick of these optimistic idiots who think if they just believe everything will be fine it will. We’re about to have a huge wake up call here in America.
People here have lived in luxury for too long, while giving the world poverty. If you believe in Karma, or reaping and sowing, you know that everything must come full circle. America is about to get a taste of it’s own medicine very soon!
Stop wasting your time writing about a guy who is just stating his own opinions about the future, and start using your writing ability to expose this wicked government and these Elite Globalists who want to PURPOSELY bring us to our knees so they can bring in their New World Order.
Oh but you’ll probably deny that even exists even though the last 3 presidents have talked about it extensively, along with Henry Kissinger who is saying Obama is the perfect one to bring it in. People strain at a gnat, while they completely ignore the 800 pound gorilla in the room. Reading this article was such a waste of 10 minutes of my time. Write about something more notorious going on in the world, and then maybe I’ll read again in the future.
*I can’t even believe there are this many idiots on the earth*
Wow, is this a hit piece or what? It’s very unconvincing to say the least. For instance. The list of items that Celente alledgedly missed. It’s not a list of “misses”. It’s a whiny diatribe of straw grasping quibbling masquerading as a “gotcha”.
The article is loaded to the core. And the author practices lying by omission. For instance, he attempts a character assassination via “guilt by association” coupled with flat out lying. Celente is not just on Fox News and other “primarily conservative websites”. That’s a plain lie. He’s been on CNN, and gasp, I found him on Air America. Not exactly a right-wing media outlet.
Edward. When you resort to journalistic dishonesty (if we can call this journalism) to this extent, THEN it is appropriate to question motive.
Tell me. What’s the real reason for why you spun this garbage?
This article was written Nov. 13, 2008, and here we are 4 months later and much of what Gerald Celente has said has come to pass. Here’s just one example that you cited he was wrong–but he is right!
“Asked by CBS News in May 2005 to comment upon where Dillard’s planned to go, Celente had this to say: “There is nothing Dillard’s has that you can’t find in 1,000 other places. America is vastly overstored.” Take out “Dillard’s” and sub it in with another department store chain name, and you begin to see what little Celente’s remarks say.”
Stores are closing around the country, and his prediction of “Dead Malls” is right on target. Google “dead malls” and see what you come up with.
this will provide a useful insight, maybe something different…
http://www.squidoo.com/Gerald-Celente-american-collapse
Ed,
Before reading through the replies to your rant, I was expecting (maybe even hoping) to see a lot of support for your POV. But seeing so many folks support Celente gives me pause. What if Celente is right? Ed, what if he is right? Look at what has happened since you wrote this. I’m starting to seriously consider that we may be on the cusp of one of humanity’s most trying times in modern history.
It’s fairly pointless to pull quotes out of context just to take shots at a person.
What’s the point? You seem to be saying that Celente isn’t saying anything that isn’t obvious to everyone. We’ll, file this away and come back in a year, because he’s now predicting food wars and the collapse of the dollar. Time will prove him right or wrong, but you’ve done nothing with your article except waste your own time because you’ve proven nothing.
Nothing Edward Champion says debunks Celente. I was hoping to read about mistakes Celente made but nothing Edward wrote supports his own theories.
At worse, things don’t happen as Edward says and we are none the worse for wear. However, if Celente is correct, then we have been forewarned and forearmed. Only the fool buries his head in the sand. That is my take on Edward Champion who really didn’t add anything that made me change my mind.
Everything else I read and see today, tells me that we are headed towards financial armaggedon. Printing trillions of dollars with nothing to back it up will lead to hyper inflation and possibly the Chinese and Europeans dumping the US dollar. Thanks Congress. Thanks Obama for destroying the future of America.
Genuinely a fraud. Anyone who claims to be able to predict the future is a sham. Why are these people still being taken seriously?! What I hate most about Celente is his fake modesty and that half-smug look on his face. You’re not a futurist, asshole.
lol, wow, funny you wrote an article to discredit celente, however, none of your proof even makes any sense. It’s like a scared little child grasping at word plays for comfort.. don’t prepare then, just distract yourself with the latest pop culture, that’s what the rest of the sheeple are doing anyway..lol.
Gerald Celente is the man. He had been right in his assessments about the future trends since many years now. Perhaps this guy has some uncanny ability or intuition to identify the pattern of the present trends and predict the probable future from it. Again, he doesn’t claim to be true always. These are just his predictions.
However, the way he is predicting great(est) depression without any uncertainty in his eyes, its quite unnerving.
As a non-American observer, I have doubts that you understood Celente’s message. As those folks before me, I expected some more strong points when trying to disarm someone’s opinion.
And for the facts, I must say I was curious on your comment of his former hypothesis, so I checked article from Newsweek Sep 21, 2000 (4th reference), and I’m sorry but I think that you got it all wrong.
I got e-mail from the friend with Celente’s interview about 3 weeks ago. I read it and then check youtube about some of his live interview. The thing that amazes me about him is that for me he is no “doom angel”. And what even more amazes me is that he’s pointing out that it’s all a simple mistake. This crisis is a result of not knowing how the world’s functioning, not knowing the basics of the nature laws. Because the nature law and a fact is that we live in a limited world or planet. The earth resources are limited and not what economics often thinks unlimited. So maybe you do need a swing from total liberation of your market to more regulated market. The only problem is that most of the world has gone American way and now we are all together in problems. Under the pressure of the American capital, European banks have left their conservative way of investment and financing so they are in troubles too.
A way out? I don’t know it. But you can’t make the same mistake over and over and pretend it’s all right. And now you have the situation where the little people bail out big banks and so on. You know, even if I have university diploma I still don’t think it’s normal that I have 10 times bigger salary than a worker in a factory or something like that. He also have all the needs as I do. He wants to buy a house, he wants to have a good pension, health insurance, his kids go to good schools, and why shouldn’t he.
And I must disappoint you but this “corporation” society looks to me very much like socialism in the 80ies in my country. You have so much bureaucracy that no one even knows what are all that people doing there. And don’t forget that office people live on the account of workers. It would be interesting to see the statistics of ratio between workers and corporation staff in the mid 60ies and 70ies and compare it with today’s number.
OK, I could go further, but I think its enough. This is nothing personal, so hope you don’t get offended. Greets from Europe!
Wow I’m impressed with the huge amount of comments on here. I’ve read many Gerald Celente articles and comments and see nothing what the author here portrays as “charlatanism”…
Well, nobody outside the states has heard of this guy until recently (the cynic in me feels that might be because he has translated his books of late). The proof of the pudding is in the eating.
I have not seen food riots yet. Nor do I believe that the US is about to become a third world country.
I’m not sure that the US lost the Iraq war either, although it probably lost the peace. And I’d like there to be some evidence that the man predicted the crash of 87. If there is none I don’t believe it.
Don’t get me wrong a lot of what he says has some common sense behind it, but just because somebody turns up on Oprah does not make them the economic Messiah.
You people in the States are just too guilable.
I agree with bganon, I think the same. Just because you are on TV with Oprah makes him the messiah. For crying out loud thats he gets paid to do. He is a public speaker and he has feared you into believing the worst. Why don’t you have some faith obviously he has none. Does’t he realize the God has the ultimate decision and He is in control, NOT Celente, does he have a crystal ball that we don’t know about…….WOW you are right were has he been if he is sooooo renoun………..besides he is a POLITICAL ATHIEST……………THE GUY MAKES ME SICK.
All Celente is doing is predicting trends. He’s not claiming to be the Messiah. Like anyone he’s going to make mistakes, and I don’t feel that anything on the list provided here is that outrageous of claim compared to his accurate predictions. In college I majored in Communication and learned how much the media controls the thought process of so many American people. Celente is simply making predictions and giving people an opinion you’re not going to see on ABC, NBC, or CBS. Don’t take his word as gospel, and don’t become Gerald Celente drone. Take was he has to say into account and think for yourself.
Thank you Mr. Champion and others who remind us that people can spew negatives all day long and all that does is add to more doom and gloom. But God is still on the throne. God is willing and able to meet and exceed people’s needs if they will come to Him and believe. Believe is a verb, which connotes action, meaning you have to do more than just change your thoughts – Although, that is the starting point. We all have to take action and do what we can while continuing to keep The Hope in the forefront of our minds. Don’t allow the bleeding media pull you under with there thwarts of depression, instead take it one day at a time believing to make a positive impact for our country and the world!
Again, Thank You, and God Bless!
Gerald Celente does not make wild accusations. He is not some doom and gloom messiah that you made him out to be. He is an economist that works on facts, every one of his predictions were made on facts and information.
If you cant see the facts right in front of you then you are blind. This man is a genius, he is not going to be right on the ball every time but he is right most of the time.
Instead of slamming this man you should be listening to him, he is one of the few people in this world with a brain. You are all a bunch of idiots, this article has shown me just how stupid most Americans are.
After dissecting both the article and the comments, some questions remain (and there may be more that are also relevant). Is Gerald Celente operating on facts, hunches, or a little bit of both? Which of his statements about the future might be valid? Which might be invalid? Which of those made in the past have been accurate? Which have been inaccurate?
To get to these questions, we need to look at the core of both the comments and the article and dissect the relevant statements.
Starting with comments, let’s take the one made by Scott on April 6th, 2009 at 11:15 am and use it as an example. I’ll remove all emotional wording. Here is how it would read:
“Gerald Celente is an economist that works on facts, every one of his predictions were made on facts and information.”
Without emotion, that is the core of the comment. We can now begin to consider whether or not this statement may or may not be true.
Try this with other comments, no matter how you feel about them or the article. Remove the emotion.
Now on to the article, which is dissected in the same manner. A partial example:
— “Gerald Celente seems to be operating on his hunches. He has been linked from sites like Digg and Reddit. His predictions seem similar to the storyline for Brian Francis Slattery’s new novel, Liberation. By 2012, Celente forecasts: revolution in America, food riots, and tax rebellions. In four years, America will become an undeveloped nation. Holidays will be about food rather than gifts.
Celente is in the media now because he reportedly predicted the 1997 currency crisis in Asia, the subprime mortgage disaster, and the dollar dipping south. Infowars, a website run by radio show host Alex Jones, is also presenting this news. Infowars does not refute Celente’s statements or point to any of his reportedly inaccurate predictions.
Many of Celente’s suggestions seem to be a series of guidelines on how to become a successful futurist. They also look to predict a general events by using language from newspaper stories and hunches.” —
That’s just part of it, and I changed some wording to keep it neutral. It would be good to try this on your own also, as you may do a better job than I have. I’d urge everyone to look at what you read and take it apart in this manner so you can get to the core.
Back to the questions at the beginning of this comment. I don’t think they can be answered by the research in this article or by the comments because there aren’t enough facts in either that are backed by good supportive evidence.
The point to all of this? Let’s work TOGETHER and rationally in order to find out whether any of Gerald Celente’s statements about the future could be valid. Let’s do away with name-calling and sweeping generalizations. (This goes for the article and many of the comments).
Futurist Fraud? He is a trend spotter. He seems to be pretty accurate. I don’t see any fraudulent words. If you had that ability, I think you could make a killing and help others do so too.
Celente takes time to observe what is plainly in front of our eyes, and then takes time to CLEARLY THINK about what he sees. We could all do it if we took time to see what is there, not what we want to be there.
The government is broke and in massive debt.The public is broke and in massive debt.Even i can predict the future,what would you expect to happen?Just like a gamblers optimisim,i`m not broke yet i`ve got another spin.If they thought there was no hope they wouldn`t throw another nickel in…..now can you see their future.
wrong right right wrong who gives a
d m
the system needed to change
the rich get richer and the middle class and poor get nothing
wait till you start talking about the mark of the beast and the end of days and time of the end
then you will have something to complain about
henrymakow.com
goodnewsaboutgod.com
During a depression it is the wealthy that get richer and the poor who get poorer,where is the change?
This is an absolutely terrible article. Your “background check” on Celente fails to pick out any false predictions and just critises some of his quotes saying they were too vague.
Celente looks at today trends and tries to predict what’s going to happen tomorrow, that’s it. Why do you have a problem with that? because it’s not happy ever after?
Oh and the title…
You call him a fraud, what is that based on? From where I’m standing it’s you that’s the fraud.
LOL
Gerald Celente was right on. If you want to write about frauds CNBC or CNN’s financial predictions, they say everything is peachy even as the house burns down…
Their is a simple answer to the problem. The globalists control the money and the polititions in Washington only. Nothing can change that as they all have sold their souls out to the Money Lenders. Now real power lies in the state governments and the states have the right in most cases to succeed from the union with a vote of the people,if they so desire. They need to do that now and get free from the leaches in Wash. Set up their own monitary systems and restore their constitution of states rights arepublic “Of anf for the prople.” Many have that condition on the books. Power is restored to the people over night. Start with your governer and work down.
It is a shame that you cannot be truthful with your insights in light of the economic certainties upon us. How is your 401k doing these days? How is your retirement program looking? Who does your trading for you? Why don’t you trust the Wall Street punks to do it for you? You Sir/Mam have had a reality check and still you don’t see it. Denial is a huge river for plenty of idiots to swim in! What’s that……Oh PT Barnum is calling your name. Here’s to you, hope you have got a bathing suit. Cheers! Sorry, it is the kindest thing I could say about your personal revelations. Don’t look now but your PhD is slipping.
Denial isn’t just a river in Africa now isn’t it? It’s not like we’re in economic trouble, it’s not like talk of revolt is going on in internet forums more and more often every day, it isn’t like people have lost faith in their government, and realize that Obama The Messiah (PBUH) is just as big a fraud as “ZOMG EVUL BUSH NEOCON!111666″. No, we’re all loving this great economic prosperity, and the return of our soldiers from Iraq and Afghanistan.
Oh wait…nevermind, all that shit IS happening, and this author is a thumb sucking idiot. It’s ok, when you lose your life savings you can always deal drugs or become a male prostitute.
Oh gosh, you really don’t understand anything at all: there is a difference between wishful thinking and reality. That is why businesses often invite external experts — they are not part of the business and therefore most likely don’t share the same wishful thinking. Gerald Celente over and over tries to explain that. But noone seems to understand how utterly important *AND* hard that is.
Hell! Everbody knows by now that missing regulation lead to this crisis, BUT THEY ARE DROPPING THE REMAINING REGULATIONS (accounting standards) AND DRIVING INTEREST RATES TO ZERO!!!!
Wake up guys. There is nothing magical to predict the greater future (if it is heavily constrained like now), nonetheless 99% of all people just cannot deliver!!
Remember Jim Roger’s comment: if you put 100 intelligent guys into a room and give them all the facts, most of them would not be able to proft from it….
I find your article so far out in left field it is sick. Your information is obsurd. Who do you work for the CIA, CBS, NBC, or ABC. The people have nothing to fear from G. Celente’s words be people like you do have something to fear when the shit hits the fan. I find you to be either ill informed or part of the system who is atempting to control everything. Sorry it won’t work, we have fought in the past and will again for our freedom.
Celente is a parrot who keeps repeating the same lines over and over again in all of his interviews…… Except for one line he screwed up. In some interviews he references purchasing a 1994 Audi a year ago and in another interview he references purchasing a 1994 Volvo a year ago.
Gerald:
I have a gold and silver business, and I just got my first radio talk show with the American Freedom Radio called Real Money Talk. I have heard a lot about you and I would like to know if you would be willing to be a guest on my show. It is every Friday night at 7 – 9 pm. I would be honored if you would grant me an interview. I am the only whistle blower in the gold coin industry and my goal is to have guests on my show who will also tell it like it is just like I do. Could you please get back to me either via email or by phone. You can reach me at 414-234-8267. I am available anything. Looking forward to talking with you. Thanks.
Kal Gronvall
America is borrowing 3 billion dollars a day. Any prosperity left that we see around to is borrowed. The government has printed a trillion dollars that is backed my ZERO nothing. Celente is merely pointing out the ovious and that we will have a collapse because this kind of behaviour is not sustainable. Does the author of this article think the spending levels and debt will result in anything positive. Very strange article indeed.
America is borrowing 3 billion dollars a day. Any prosperity left that we see around is borrowed. The government has printed a trillion dollars that is backed my ZERO nothing. Celente is merely pointing out the ovious and that we will have a collapse because this kind of behaviour is not sustainable. Does the author of this article think the spending levels and debt will result in anything positive. Very strange article indeed.
Is anyone aware that the Bible has something to say about the future? Be it the future of man or this current age, it is there in writing.
It’s all there.
I agree with the last poster. The answer to EVERY question is in the Bible if you just look for it. I also have to say that, so far, I greatly admire Gerald Celente. And I think you should re-think your ideas, those of you who believe Mr. Celente is just charging people left and right. Take a look at hhis Web site. You can purchase a whole year of his reports for just $99. I am sure his corporate clients pay so much more than that, bt I think $99 is a bargain for the kind of information you get. Being aware means having an open mind. Even if the ideas you hear disagree with what you think you know to be true.
Well, I have been listening to a friend of mine, who has been spouting GC for a long time. Many times I have heard him say, “He is never wrong!” and backs that up with, “I have checked him out!” One of you is a big fat liar. Or just making things up.
And I will add this, we have pleanty of trouble out there, many enemies who want to see us fall.
Gee, I sure wish someone would begin to offer good advice, [like get all th politicans on a cruise ship,promise them anything that gets them on it, and let them set sail without a rudder like they are doing to us.
Advice taken please
Call BR-459 or write com.post.com
This article is really gay.
Gerald Celente was wrong? You sir are either an idiot or have self-served interests in the global depression that is upon us.
I don’t care what your argument is. In order for you to obtain and semblance of credibility you must explain how the government’s borrowing and spending of money it does not have will eliminate the problem of the government borrowing money and spending what it does not have t bail out the corporate elitists who have tanked the economy because of their own greed and corruption.
The Mad Ape
OK. Nice article. But what did YOU say? Nothing. You tried to discredit someone by saying “all he does is read 2 papers” and that he makes generalized statements that are easy. So, does this make him wrong? Not one time did you say that he was wrong about his prediction for the future of America. Celente himself says on his website that they make predictions based on CURRENT TRENDS. In order to know current trends you have to read current publications and make statements base don them. What’s wrong with that? It sounds like you just have a problem with what the doom and gloom because you don’t want to believe it. Fine, that’s your peroggative. But just remember…EVERY EMPIRE HAS FAILED. That’s right….what makes us any different. I hear all of these whiny babies with their replies about “Celente is so negative….doom and gloom and fear don’t solve anything”. Really? You people need a friggen wakeup call. The citizens of every failed empire watched their country burn thinking all the while that everything would be ok. Sometimes you have to strike fear into peoples hearts to open their eyes. I should just save my breath….you people are to far gone to bother with. So, go ahead, spen your precious stimulus checks. Blow all of your money. Reinvest in the stock market. When it all comes crashing down don’t come crying to me. The sad thing is we’d be able to stop this whole mess if people would get off their lazy butts and stand up to the madness in our Government’s policies.
Edward Champion? Never heard of him. Gerald Celente I have heard of and watched. He has been right most of the time.
This is a strange sort of hit piece article. The things it quotes in the bullet points actually show Celente being correct as far back as 1993. Yet smear language is used as if name-calling were enough to force the reader to discard everything Celente has said.
Really cheap and cheesy attempt Mr. Champion. Try to do better with the facts.
CELENTE IS AN IDIOT!!! Don’t let our country be manipulated by this ridiculous opportunist taking advantage of scare tactics. Yes, things are bad, the economy is awful and our country is in peril but seriously, America is not going to turn into a bunch of starving animalistic humans in 2012, although Mr. Celente is banking on you believing him, so much so, that he’s making money off his doomsday predictions. Simply said, this guy is an asshole and if you believe him and feed into this, you’re more so. Be a better person, IGNORE THE IDIOT CELENTE!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Where does this wingnut get off trying to scare the holy you what out of us because of his so call trends…Celente is predicitng the end of times for America.. AMericans will rise to prevent this from happening .. When push comes up to shove, we will show our true grit .. We are resilent and when we get mad as hell. we will kick ass on anybody and everbody who gets in the way.. Celent is just trying to push his name and his ware on us and all He wants to do is to make money off us.. This guy should be tarred and feathered..and made to have lunch with Obama Peace out…
It is ashame that you aren’t giving Celente the credit he is genuinely due and that you have only sited small, insignificant instances of his track record and conveniently left out the truth. Let’s look at the facts:
Gerald Celente has accurately forecast hundreds of social, business, consumer, environmental, economic, political, entertainment, technology trends, etc. Among them:
Celente coined the term “clean foods,” in 1993 and predicted sustained growth in organic products in 1988. When gold was at $275 per ounce in 2002, Celente said the price had bottomed and forecast the beginning of the Gold Bull Run. Since that time, with pinpoint accuracy, he said when, why – and how high – gold would go.
Years before Starbucks, Celente forecast the popularity of gourmet coffee and decades before Pepsi and Coke got into the water business he predicted the “Big Boom in Bottled Water.”
On the geopolitical and economic fronts, Celente and The Trends Research Institute are credited with forecasting many major trends, including the collapse of the Soviet Union, the last two recessions, the dot-com meltdown, the 1997 Asian currency crisis, the 1987 world stock market crash, increased terrorism against America, “Crusades 2000,” and the quagmire in Iraq … before war began.
Gerald Celente has also accurately forecast many real estate trends, the growth in the second home market and hundreds of other social, business, fashion, consumer and entertainment trends.
Celente is merely predicting what is coming based on what is taking place. Opening ones eyes to the growing to reality is never easy….but eventually becomes necessary when it is finally forced upon you.
Good luck to you sir and all those whom chose to ignore the watchmen of our time. There is a growing enlightenment taking place across our nation about what is ahead and I chose not to ignore it, but rather, prepare for it.
Great “objective” article. “Just because GC is generally right, clearly he is a fraud.” How is he making money on these predictions? I haven’t paid a cent, and I don’t believe there is a Celente, Inc. that I’m being asked to invest in. Just because he is making predictions a 13 year old could make doesn’t make him a 13 year old. I’m sure Obama, Geithner, Pelosi, and Summers will get us out of this one anyway. Hah!
To the people that point fault at Celente he provides a disclaimer…these are trends that may or may not happen. He basis his trend forecasts on current events and projects them forward.
His track record is better than anyone else that does this. People who criticize him fail to look at the big picture…globalization and the puppets (politicians) who are controlled by the globalists.
Celente’s latest trend forecast is that the only way out of the massive bailout bubble that Obama/Bush INC has created is another war. Are you scared? You should be? Are you prepared? You should be.
Google “The Obama Deception” and wake up before your nightmares kill you. Obama is a liar. A wolf in sheep’s clothing. Being dismissive of this fact will be your undoing.
The Mad Ape
Self denial , thats all i read , people who are so afraid of the truth that they run from it and call it ‘ doom ‘ and ‘ gloom ‘ Its odd that everyone thinks we can go on forever consuming MORE THAN WE PRODUCE . Spending MORE THAN WE EARN
its very odd…….this webpage speaks FEAR to me , its about saying celente is a wrong becuase deep down your AFRAID he isnt.,
Ive been following G.C. for about 12 months now & all i have to saw is, we as a world are in more shit than a faggots finger.
F the internet that gave us these crazys like GERALD CELENTE and infowars who make so much money off others parrnoia (when times get a lil tuff) and others gullable minds.
More importantly I thank edrants for exposing these creeps for who they are(to the suckers). He should be payed because if you couldnt use your own mind and sort all this out after seeing all sides opinonis and arguements then you need help and you should thank Edrants for giving it to you. ntroll
Perhaps heed the advice and take precautions, but be aware of the journalism that represents these things, don’t be dumbed down like the rest. So make informative decisions and look at more than one source to create that opinion. Even if he is 10% (GC) accurate at this rate it may be worth considering spending habits and changes. We are as we know it a generation of spending, entertainment and debt. Be are by no means conservative like our grandparents generation. We are spoilt and don’t know how to keep our hands out the cookie jar. We need to make better choices (especially on a financial level ). Business English, Media Studies and Finances 101 should be compulsory in very institution. The reality is, people are being made redundant and we do need to cut back on spending and increase saving. This economic crisis will probably take four years to come right. Its like any cycle, best we make heed of the information out there, however within moderation. And optimism is probably not a bad place to be rather than to be succumbed and consumed by FEAR.
So much negatism! Is there anyone who would like to change things around? I’d like to join a positive group for change. Know of anyone?
[...] is on the verge of collapse. Its social, economic and political systems are failed and failing, Gerald Celente, Futurist Fraud : Edward Champion’s Reluctant Habits The Unofficial Gerald Celente Blog.. Labels:gerald celente trends research journal Gerald Celente [...]
This article is just a vengeful comment on someone who was better in guessing what is around the corner. The author has nothing to place him in a position to write this article with any authority on the subject whatsoever. That doesn’t mean that Mr. Celeste is some kind of “genius” or prophet. It merely means that Mr. Celeste had worked harder and got more predictions (in an economic/financial/social way, not in a religous one) right or close to it. Mr. Champion was not even that good.
The fact is, Mr. Celente is not the only one who got a few analysis right and correctly advised what could happen. Quite a few international, particularly european analysts were voicing their concerns about the wrongs US governments and economy were committing for decades with their fantases about how their is the “righteous” way to manage domestic, and international economy. And many had warned, not predicted, that the path the US is going on is a self-destruction waiting to happen. I am personally surprised the US actually lasted this long. It only did thanks to the war in Afghanistan and Iraq, which pumped false “profits” into the coffers of individuals presiding over large private companies which were receiving government orders for goods and services paid for by the loans the US government took. That is the safe way to implosion. Now, the US government is pumping more money into the failed private enterprise which only proved that private enterprise is just a nick name for corruption and crime, and is oeroding what is left with such ignorance and disregard for basics of prudent financial management, it is worse than Germany in 1920′, or Zimbabwe today.
By far worse. And we know what is the situation in Zimbabwe today.
This Celente character is taken straight from the 1976 movie ‘Network.’ Where you have this prophet denouncing the hypocrisies of our times.
Wow, that has to be one of the most dishonest (or ill-informed) hit-pieces I’ve read about the man. While it’s true that his background is shrouded in secrecy, his predictions for the last decade and more are amply documented (both in written and video media) and, contrarily to what you suggest, more often than not very specific and falsifiable. He supports his trends analysis with evidence, fundamental and circumstancial data, doesn’t balk at naming names, etc. And he gets lambasted by the likes of you because he didn’t get approval from “mainstream economists” who time and time again failed to predict dramatic trend reversals. It is my opinion that he is the opposite of a charlatan. He doesn’t get mesmerized by political dog-and-pony shows, and stays true to economic good sense and fundamentals, like the fact that the physical economy, savings and trade surplus are the backbones of a sound economic system. Not the indefinite growth of the money-changing and bailout industry… You don’t need a PhD in economics to realize that. Just good old mom’n pop logic and common sense. Exactly what so-called financial and economic policy pundits, so heavily invested in our gigantic Ponzi scheme of a monetary and financial system, lackeys to monopoly and crony “capitalists”, can’t live with.
And when it comes to Infowars and journalistic integrity, at least they dare to venture where no one in the mainstream press ever goes, i.e. actually reading the bills and international treaties, scrutinizing global policy-makers and governing bodies, accessing and publicizing declassified government information and invaluable data illustrating the pervasive influence of eugenicists in our current-day societies (something that, apart from the great Edwin Black, very few people seem to do), for example. Much more than can be said about you, Sir.
An old Japanese koan states: “If you don’t know where you are going, you will never be lost.” Gerald Clemente has been around for a long time. He does his homework and he has a gift for discerning the wheat from the chaff of current events and trends. Those who chose to follow other trend researchers are free to do so. Perhaps the author of this piece which demonizes Mr. Clemente and his work might want to look at his own personal biases.
I think its impossible for anyone to be 100% correct all the time. Celente’s doom and gloom stories are being misinterperted. What he says does not make him brilliant, he just has common sense compared to economist who think we will recover in the fall con sidering we are in debt 23 TRILLION DOLLARS. Another point that Celente makes is that we dont produce anthing so we just keep going into more trade debt and in addition we are selling off assets in order to pay for anything. What is wrong with this analysis? Its not brilliant, its just the facts. The banks are falling apart with 50 closings per week. FDIC will go broke because it is guaranteeing all the bad debts made by these banks plus all of our deposits. If it was running short on money only 8 months ago, well you could argue that FDIC is backed by the US government, but where is our government getting this money. Everyone who critizes Celenete is forgetting that the Fed is printing money with nothing to back it. SO the TARP is not 700 billion, its at least 12 TRILLIONS OF DOLLARS THAT THE FED WILL NOT DISCLOSE WHO GOT THE MONEY. The reason I believe Celente is correct is because we have an economy based on consumer spending. If you dont want to listen to Celente than listen to Thom Hartmann a brilliant wonderful radio talk show host. He said an economy based on consumption cannot be sustained. This is a fact because you dont make anything and a country’s wealth is based on production. Why is CHINA SO WEALTHY? BECAUSE THEY MAKE ALMOST EVERY PRODUCT FOR OTHER COUNTRIES. DONT FORGET OUR DOLLAR IS TANKING. On a more optimistic view, these are good things because I always said that in order for things to get better, like healthcare, good paying jobs, strong unions, responsible government, ALTERTIVE FUELS, we have to have a major meltdown in our economy to turn things around. So do not be negative about this and understand that this is an opportunity to put the NEOCONS IN THIS COUNTRY OUT OF BUSINESS FOR GOOD!!!!! TAKE CARE TO ALL AND GOOD LUCK!!!
Hindsight is 20/20 of course, but looking back at the events of the last two years or so, it is easy to see how all of the signs were there. The economy was sort of operating as an extremely balanced system where if any one thing went out of whack, the whole thing would collapse.
Anybody around today, if they could go back in time 3 or 4 years, would be able to see the signs from looking, so I think this article is just criticizing someone who has the interest and general/specialized knowledge, the time to pay enough attention, and enough marketing sense to get people to listen to him. Other than the marketing, he probably is not much different from most other people. A lot of the people I am sure, just regular folks like really smart economics undergrads, or retireies with a lot of time on their hands saw it coming but don’t have the standing to get any attention about it.
Gerald Celente is above and beyond 100% correct. It’s just hard for people to swallow the truth. I’d like to read what people have to say about him in a year or two. America is imploding as we speak. Get a grip Liberal dreamers. Obama is a fraud.
Just read an article about Detroit on CNN entitled, “Hunger Hits Detroit’s Middle Class”. This article describes how the economy is taking to Militia-style protection in order to guard food. There isn’t a major food chain supermarket in the city! The residents have to buy food from corner stores like a 7-11. Are food riots possible? Yes, and it will be coming to a city near you!
I believe Gerald Celente speaks the truth. I also believe the dollar will continue to fall and hyperinflation has just begun! And Sheeple believe Obama will fix us???? He’s on a spending spree and vacationing around the world!!
People believe his administration cares about your health? They could give a rat’s ass! All they see is taking control of one-seventh of our economy! Find out who Obama is really working for. He didn’t get into office by just having the qualifications of a “Union Organizer”. Wake up and smell the truth!
Celente makes ALOT of predictions. Just go have a look at his newsletter (the free sample ones ofcourse). I would like to know how many of those numerous forecasts actually turned out to be accurate. Sure he may have gotten the 2008 melt-down right, but am willing to bet many of his other forecasts turned out to be wrong.
When you make as many “predictions” as he does your bound to get a few of them right!
this article is stupid! keep dreaming….A fool will believe lies just because they cause less stress to his cranium…this article should be removed for sheer stupidity
Dear Mr. Champion,
There is intense battling about the subject of “Gerald Celente” in Wikipedia (as of Aug 16th 2009). Check out the Gerald Celente page, and particularly about the discussions. Click the “Discussion” tab next to the article. Celente (apparently himself) made a statement complaining about his own article (see near bottom of discussion). Check it out.
This is classical example of demagogy.
Gerald Celente has been right about humongous issues right of the dot over the last 30 years of his business. Your remarks about him being a “fraud” is backed up by petty statements that don’t truly prove your point in any way because he has been right about so much more. Your just another who believes everything will be alright, and it will, but it wont happen easily, and first we need a lot of reform which currently the government has refused to do.
Celentes predictions are based on TRENDS..But hey, if you truly believe all is right with the world, that everything will magically turn around, then by all means bet your futures on it. but don’t expect the people who heed the warnings to welcome you in with open arms. The nay sayers will be sleeping in the unmade, cold, unprepared bed that they are making for themselves.
It wasn’t raining when Noah built the Ark.
My Gerald Celente like forecasts is tougher sledding for the Socialist Assclown Nobama. His lies re demonizing the insurance companies and many other assorted lies are being exposed by FACTS. So, as the Assclown Nobama continues to persist in his socialist hijacking of the govt, there will be a mighty schism just as one of Mr. Celente’s forecast spells out as: class war, social unrest, a civil war between “the working and thinking americans who believe in a Republic and the Constitution + amendments” VERSUS the “nobamaZombies, the freeloaders who want govt (i.e. the taxpaying, working americans) to pay for their healthcare, their other freebies….) AND you know economics don’t work that way. The Assclown Nobama will go into bigger trillions of deficit and DEBTs for his socialized programs…and Bankrupt the Country, Destroy the USD…THERE will be extreme economic and social repercussions for these ASSCLOWN tactics of Nobama. And it is all very UGLY.
Get Rid of the Socialist Assclown Nobama. #1 Solution to a Major Cause of our deepening Financial and Economic Collapse. Get Rid of the Fed Reserve and the politicians…the Other Major Causes for our Deep Financial Crisis/Economic Depression and do NOT allow those who caused these problems to be anointed as the “solvers” of the problems they created!!!!!
Last Thing, Get GUNS, AMMO, FOOD, WATER, ENERGY Sources, and gold/silver. Because the ASSCLOWN Nobama and Emanuel are coming after you and they want to take away your freedoms and liberties.
BET on IT!!!! As Brother Gerald Celente says, we are going to be in American Revolution II.
Never mind how (relatively) accurate Celente’s so-called “predictions” are. He is one of the proverbial infinite number of monkeys at the infinite bank of typewriters. I recall enduring one of his rants on Coast-to-Coast where he predicted total financial and social collapse within 3 months. That was a year ago. It didn’t happen. He was wrong.
It’s obvious that many of you commenting here are not financial wizards, yet you could have achieved the same success rate had your private concerns been logged for all to see and judge the way Celente’s have.
Since the days of Watergate and Iran-Contra, legions of wary citizens who have the admirable ability to think for themselves have been justifiably suspicious and distrustful of the covert manipulations of our so-called institutions, both private and public. This suspicion and mistrust is unfortunately what makes so many otherwise rational people vulnerable to the gloom-and-doom prognostications of irresponsible media whores like Celente and Mr. Paleo-wingnut, resulting in the ridiculous tax revolts and tea parties that unfortunately reaffirm the sobering truth about the collective intelligence of mobs.
The federal government itself is not solely to blame for letting things get to this point, although it has been a rather indulgent parent, unwittingly contributing to petulant free-market corporate behavior.
Kudos to commenters JKL, Scott Brown and Joanne, who decry the counterproductive and mean-spirited negativism espoused by Celente, et al. Sound the alarms, yes, but don’t wallow in despair. Recognize the warning signs, and steel your resolve to overcome adversity in the same way the founding fathers did, with ingenuity, courage and optimism.
If Jesus were to return at this moment, he would shake his head in disappointment at those who are doing nothing but hoarding gold and building survival shelters. Have his teachings fallen of deaf ears?
Sir;
One of your commentators posted this:
” Great futurists like Alvin Toffler or Ray Kurzweil spend the vast majority of their time talking to people who are much smarter than themselves. ”
…Much smarter than themselves???!
The “eggheads” and the “Financial-wiz-kids” have perepetuated this so-called “shell-game” long enough…THEY saw the current collapse coming, yes you can bet on that.
The difference?…They weren’t honest enough to alert anyone, no…they didn’t have the “Balls” to face the truth.
Mr.Celente has balls..as far as smarts goes he’s way ahead of those Ivy league assholes any day.
As far as “talking to people who are much smarter than themselves”, there’s the “elitist” mentality again…much the same as you exhibit dear blogger.
Your arrogance with regard to YOUR judgement smells a lot like “penis envy”, and your smear of Mr. Celente is without warrant.
BTW: Mr. Celente predicted much of today’s fiscal skullduggery as far back as July 9th,2002.
It’s based on “common sense”.
Get off the anti-depressants, and look at the real world, which, coincidentally is not a Walt Disney Movie about the wealthy and powerful anymore.
So put your helmet on and get into the game boy!
You’ll get over yourself.
And Anthony P:
Tax revolts are NOT “ridiculus” as you state, how dare you reference Jesus to gain credibility in your idiotic assertions.
You sir are an idiot.
Celente? HA HA HA
If you want to learn stuff, listen to Marc Faber.
This post sets up red herring after red herring. Isolating statements that seem obvious and saying, “isn’t that obvious” is more an indictment of the author than the subject.
If you want to show that Celente has a bad track record, you need to show a list of his predictions that failed to happen and you haven’t done that.
Use of the expression “wingnut” is telling. Obviously the author of this post has a leftist political agenda and Celente said something that rubs him the wrong way.
Unless predicting events in some specific field or industry, using methods which are commonly recognized and accepted by experts, “predictions” of the nature mentioned in the article can only be non-specific. Celente is on FOX and other outlets because he is considered to be entertaining. I’m only amazed that he is able to make a living at this, because he is mostly repeating himself to the letter, over and over, in every interview. “Printing money out of the thin air”, “I’m a Bronx boy”, “when people have nothing else to lose, they lose it”, etc.
Is that all you’ve got? How about listing a long list of his misses? Don’t have one? Then nit pick some insignificant misses, now you have the basis for an attack article. Pathetic. I am no crazy that thinks aliens are using mind control, but I do keep my eyes open. Celente has a LONG list of HUGE hits in his forecasting career. If you don’t give him credit for those in your article, you automatically lose credibility. What is amazing is NOBODY says ANYTHING about the guys in charge like BEN BERNANKE!! Listen to him on you tube with his condescending tone to Maria Bartoromo, ‘well Maria, I guess I don’t accept your initial premise, we don’t expect home prices to fall, they may stabilize’. This comment in response to her question about some economist being concerned about the effects of a fall in housing prices on the economy if that occurred. On CNBC they are constantly cheering stocks along and whenever they get somebody on that called the collapse like Peter Schiff guess what happens. They still laugh at him EVEN after he was proven right, they cut him off and turn to a “BULL” analyst to cheer with them for various stocks. I ran across news clips on You Tube from various local news agencies around the country reporting about TENT CITIES popping up all over the country! The astounding thing is I watch the news on TV all the time and I had not heard ANYTHING about it !! Even Oprah covered it last FEBRUARY (found on you tube of course) for Christs sake ! They make sure we get all the dirty details of Michael Jacksons death and any other scandalous bit of trash news they can dig up but they DONT cover this? There should be continuous updates on this. Do you think that MAYBE some people have a vested interest in skewing the news ????
I think the Author has an issue with Celente. Celente’s “predictions are based on trends.. not tea leaves, not tree rings. He gathers his info from real time sources, and predicts based on the well travel path that society has been travelling down. It’s not to hard to figure out that printing money and spending money you don’t have will lead to disaster. The ignorance of the public to recognize the obvious means some of his reporting may be a given. That said, Gerald celente has made some predictions that some people may see as obvious , but to the ignorant general public may seem like a revelation.
One thing is certain, when he says we are headed for disaster, it ain’t based on anything new, it’s based on 40 yrs of spending money we don’t have.
[...] Celent. This is his latest interview (on Russia Today). Some may consider him to be a fraud [...]
thanks for the link this is a must see video
As a debunking piece, this article is trash.
Mr. Champion,
heres a futurist prediction JUST FOR YOU!
everything is going GREAT and will be BETTER SOON.there is plenty of HOPE.
we just need to STAY THE COURSE!
just keep wishing hard and say “go team”
……lets see your accurate analysis over the last 30 years. If you cannot produce it you are irrelevant!
As an Ex-IBM employee from the 90’s, what Gerald Celente predicted then, DID COME TRUE. I do not know one IBM executive or even upper level management person that ever recovered from the downsizing then.
FURTHERMORE, THIS ARTICLE DOES NOT PROVE MR. CELENTE WRONG ON ANYTHING HE HAS FORECAST.
Whether you like it or not, this nation is doomed in it’s present form. There will be revolts, and probably revolution. There is no mathmatical solution available to the the debt to income asset problem we are facing.
Listen up, the dollar will collapse, the nation will revolt, and we will have to rebuild over many years.
Anyone who does not believe or face this fact, is either in denial, or, an employee of the federal reserve.
Hmnnn… I wonder what you have to say about Marc Faber’s predictions. Enlighten us.
Mike
It would be nice to think you are right and Mr. Celente is wrong. Sorry bro, but nice try to make yourself look intelligent! All the pieces have been laid out like a dam puzzle. We are in very bad trouble.
YOUTUBE; Zeitguist and The Obama deception…the pieces all fit. The movies have been edited, but they still have enough information. All this time has passed since they were made…..now look at the times today. They are no longer conspiracy theories…they are becoming facts daily. Until the unthinkable happens (and its coming) most will not believe. How bad is it going to be….is the question. how long before we starve to death. Don’t fricken tell us everything is okay. Some of us are now living in hell…..our production base has been removed one piece at a time. so you people living in happy land watch out if you really don’t know the truth….we a real people are here barely breathing in suburbs of Detroit. We watched shop after shop go away one way or another..if you do not live in a lower society setting…you may not know the truth. We the workers of the lower end have already seen the blood and death here.. so nice try Mr. Ed. Show me a angle Mr. Celente has to profit from fear. It all boils down to the towers….do you think they went poof over the planes hitting them? have a great life. baaaaaaah
I am amazed you spent the time writing the article you did. Out of the 200 some responses you gotten – many from first-hand witnesses like the former IBM employee – almost all disagree with you.
Either I am missing something or you are.
I think you are missing something, not me.
As we march onward with Obama’s fascism (defined as government ownership of production and finance) and multi-trillion budget over-runs, there is no way except national bankruptcy and purges to right the ship of state of the USA.
When I first started reading your article regarding Celente, I was hoping you were going to expose him as a fraud. Instead your strongest critique is that on many occasions Mr. Celente simply states the obvious. How does that make him a fraud?
You see I want Obama to succeed, and more importantly I want our nation to succeed. So I was hoping you dug up some articles about Mr. Celente in which he got it wrong more often than not.
But you didn’t do that. You couldn’t prove him wrong with the facts, so you just decided to call him names, and make fun of him. We already have a Steven Colbert for that. Better luck next time I guess.
Guess you have egg on your face. Your lack of economic knowledge is outlandish or are you whoring for establishment?
This was the worst article and portrayal of gerald celente being wrong. Come on man u coulda done better than that u retard.
Just one question: Who paid you to write this thin, whiny smear piece on Celente?
Actually, two questions…how does his track record compare to the politicians and mainstream economists who have been selling us the “everything is going to get better soon…” scenarios?
Shame on you!
You posted this article on Nov. 13, 2008. Almost a year later, ask yourself where are we headed now?
I use to laugh at the doom & gloom crowd, but I am starting to lean toward the “second wave’ is yet to come theory.
Arielle, you hit this nail right on its head! This article has no merit and makes no sense at all!
Whoever you are you were reaching real deep to find something wrong with this guy and you failed miserably!
Paul/Celente….Celente/Paul,fer President….
Obama is a passing fad,don’t be an “Obamaton”.
When the love affair is over,you won’t want anything more than to wash his,and his administrations stink off of yourself.
Yes, yes all we need is to be optimistic about the future. That should take care of everything.
It doesn’t take a psychic or a fortune teller to see what is happening to our great nation, just a little common sense. I highly respect the opinions of Catherine Austin Fitts, Gerald Celente and Glenn Beck. I am hoping for the best, but preparing for the worst.
Your so-called “fraud futurist” also predicted Barach H.Obama elected as president after the economy crashed in 2008. How accurate was he–Mr. Champion? Gerald Celente rocks.