Are The Prophets Of Doom Right About Major War, $200 Oil, $2000 Gold And Dow 5000 By The End Of 2012? – Videos

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Are the “prophets of doom” right? Is a major war going to erupt in the Middle East? Is the price of oil going to $200 a barrel? Is the price of gold going to hit $2000 at some point over the next two years? Is the Dow going to drop to 5000 by the end of 2012?  Right now there are some very respected financial experts that are making some absolutely stunning predictions.  Charles Nenner, Gerald Celente and Lindsey Williams are all frequent guests on popular television and radio shows and they are all forecasting very difficult economic times over the next couple of years.  So are they right?

Well, only time will tell.  But it really is quite alarming that so many experts with such long track records are warning of economic disaster.

So what exactly are some of these “prophets of doom” predicting?  Well, let’s take a closer look at some of them.

In this first video, Charles Nenner, a former technical analyst for Goldman Sachs, tells Fox Business that he is projecting that a major war will start some time around the end of 2012 and that the Dow is going to plunge all the way to 5000….

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In this next video, Gerald Celente of the Trends Research Institute tells Fox News that he is expecting a tremendous amount of economic chaos over the next couple of years and that he believes that the price of gold will rise to $2000 at some point.  For years Celente has been boldly proclaiming that “the Greatest Depression” is heading our way and what he is saying now is quite alarming….

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In this last video, Lindsey Williams tells Alex Jones that his high level contacts have told him that there is going to be tremendous chaos in the Middle East and that the price of oil is ultimately going to be in the neighborhood of $150 to $200 a barrel.  Considering how correct Lindsey Williams has been in the past this is a very sobering warning….

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But Nenner, Celente and Williams are not the only ones that are warning that economic disaster is coming.

Bill Gross is the manager of the biggest bond fund in the world, and he is acknowledging that his firm, PIMCO, is dumping all of their U.S. Treasury bonds.  Gross has been concerned about the state of the world financial system for quite some time and now his firm has made a very bold move.

Legendary investor Carl Icahn is so spooked that he is booting all of the other investors out of his hedge funds.  The following is how The New York Post recently described it….

The 75-year-old shareholder agitator announced yesterday he was shutting off outside investors from his hedge funds and returning all of their money, claiming he can’t stomach the idea of clients suffering more losses after a brutal 2008.

A lot of people in the financial community are running scared right now and we haven’t even had anything really bad happen yet.

But many average Americans have a really bad feeling about where things are headed as well.  A brand new Reuters/Ipsos poll found that 64 percent of Americans believe that the country is going in the wrong direction.

Of course regular readers of this column know that I have been discussing a coming economic breakdown for a long time now.  There is simply no way that the current system can keep going indefinitely.  We have been living in the greatest debt bubble that the world has ever seen, and that has enabled us to enjoy an unprecedented standard of living, but now a day of reckoning is fast approaching.

The entire global financial system is based on debt and speculation.  A mountain of derivatives that is so large that it defies imagination is constantly hanging over our heads and could come crashing down at any moment.  The entire continent of Europe is dealing with a major sovereign debt crisis that is growing worse by the day.  The municipal bond market is also on the verge of total collapse.  Now on top of everything else the price of oil is skyrocketing and that could cause a major economic slowdown all by itself.

The Federal Reserve and other major central banks have been doing their best to “paper over” all of the financial problems, but the bailouts can’t last forever.  At some point the Ponzi scheme is going to come to an end.

Once upon a time even if the rest of the world was having tremendous economic trouble everyone could still count on the U.S. economy to be a rock.

But that is no longer the case.

Every single month the U.S. government goes into even more debt, our state governments go into even more debt and our local governments go into even more debt.  Meanwhile, thousands of factories and millions of jobs continue to be shipped out of the United States.  Our economy is literally being hollowed out, and as Gerald Celente correctly points out, we are being rapidly deindustrialized.  We have become a nation that consumes far more wealth than it produces.  Every single month far more money goes out of the country than comes into it and this is draining our national wealth at an astounding pace.

The U.S. economy is becoming weaker with each passing day.  Hundreds of cities and towns across the country have been transformed into “economic dead zones”.  Our leaders are trying to convince us that a higher level of unemployment is “normal” now, but very few people are buying it.  44 million Americans are now on food stamps, and millions of American families are rapidly losing hope.

The Federal Reserve can continue to print trillions of dollars and the U.S. government can continue to borrow trillions of dollars, but anyone with half a brain can see that the end of the game is fast approaching.

Financial disaster may strike in 2011, 2012, 2013 or at some point after that, but the truth is that it is coming.  Our leaders can use all of their tricks to keep the balls in the air for as long as possible, but at some point they are going to fall.

So don’t dismiss men like Nenner, Celente and Williams.  Their predictions may or may not turn out to be 100 percent accurate, but they are most definitely on to something.

 


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4 Comments »

  1. JURM Ben ISman March 17, 2011 at 12:50 pm - Reply

    Siamo messi di fronte a noi stessi, affrontiamo la porta dello spavento supremo dove tutto si dissolverà e ci porterà alla nuova RI-NASCITA, facciamolo senza paura tenendoci idealmente tutti mano nella mano DALLA PRIMA ALLA ULTIMA ANIMA FIGLIO DI DIO SULLA TERRA.

    Non affanniamoci per il domani, non abbiate paura.

    Chi più ne ha più ne metta, basta che non si dimentichi ricchi libagioni annaffiati da buono e abbondante vino, inizino anzi proseguano canti e balli con le migliori inebrianti musiche e l’allegria contagi e accompagni alla nuova destinazione TERRA, gente gioiamone, non abbiate paura.

    GESU’ CRISTO CI SORREGGE E ACCOMPAGNA ALLA NUOVA TERRA RI- GENERATA PREDISPOSTA DA NOSTRO PATER DEUS.

    http://www.unionereligionijurm.com

    IL sito è posto sotto il profilo Filosofico – Spirituale – Religioso e sarà attivo fino a metà Marzo 2011 dato gli eventi che ritengo presso che sicuro siano in arrivo, a tale motivo ho ritenuto in conseguenza darne disdetta almeno momentaneamente fino a nuova visione dell’Umanità dei Figli di DIO e del Mondo Rigenerati, per il dopo, chi vivrà vedrà.

    Prima che il caos sopraggiunga, metto da parte il ragiona-mento e la costruzione intellettuale per ritrovare e riconoscere definitivamente casa esteriore e interiore nel Tempio Tabernacolo del mio cuore, dove ritrovo pace, dove ritrovo silenzio, dove ritrovo Amore Infinito Avvolgente, dove ritrovo DIO UNO IN SPIRITO, QUALE UNICO NOSTRO CREATORE.

    Mi con-cedo e abban-dono a DIO UNO, QUALE NOSTRO UNICO CREATORE, che possa essere eternamente suo strumento Terreno e Celeste.

    AMATI FIGLI DI DIO, SI PRENDA ATTO. ( messaggio sublime e conforto totale ) (Abbiate Fede e fiducia, non affanniamoci per il domani )

    Dell’Imminente Ascensione nei Cieli in Corpo, Mente, Anima e Spirito per i Figli di DIO ad opera di Gesù Cristo che ci Salverà dall’annientamento per poi essere Reinseriti sulla Terra una volta Purificati e Rigenerati, noi saremo tramite la Divina Discensione di nuovo posti SOPRA la SUPERFICE della Nostra Meravigliosa Nuova Terra Rigenerata e in un Nuovo Cielo Inseriti sempre ad opera di Jesus Cristus nostro Signore.

    Si Preghi con Fervida Fede in DIO UNO ONNIPOTENTE in attesa del Ritorno della Venuta del Signore Jesus Cristus nostro Salvatore.

    IN NOME DEL PADRE, DEL FIGLIO E DELLO SPIRITO SANTO GENERATORE DI MARIA MADRE DI DIO, COSI’ SIA, ( dove nella Tradizione più antica implica che lo Spirito Santo possa coincidere con il principio Generatore Femminile. )

    ABBIATE FEDE E FIDUCIA, NON AFFANNIAMOCI PER IL DOMANI !

    ===========================================================================================

    Brevissima Riflessione di Monsignor Antonio Riboldi :
    DIO è davvero un grande Oceano di Amore che a parole è impossibile conoscere.
    A noi Lui chiede di avere Fiducia nel suo Amore e di Amarlo con tutte le forze.
    E’ quello che conta più che le nostre parole sempre tanto povere.
    Fede e fiducia, non affanniamoci per il domani !

    ========================================================================================

    Benedetto e felice è colui che si leva a promuovere i migliori interessi dei popoli e delle tribù della terra, ancora: Ci si deve gloriare di amare il Mondo intero quale unico Paese e L’Umanità quale suoi cittadini”.
    Bahà’ù’llàh

    =======================================================================

  2. James M Nunes March 14, 2011 at 5:00 am - Reply

    When gasoline goes to $10.00 a gallon and gold to $2,000 an ounce, the new dollar will be the $100.00 bill. Move the decimal point to the right two places and add two zeros. Any system that is based on debt and fraud eventually collapses. The question is when? To things in life are certain 1-Nothing last forever 2-What goes up comes down. The elite bankers, industrialist and politicians are going to play this out to the very end. I compare it to a financial black hole where all the money is concentrated in the hands of the few. When it’s over there will only be 2 classes of people the rich and the poor. The peasants will have no other right to exist, except form the crumbs that they fling from their table. All of this financial economic crisis is a direct result from Globalism. One world government under International Bankers.

  3. James M Nunes March 13, 2011 at 4:05 am - Reply

    I agree with these economic forecasters 100%. It is going to take major financial, economic, monetary, banking, and political reforms to change the financial and economic system. I compare it to putting new wine into an old wine skin. You have to change the entire system. The greed and corruption has to be purged out of the system. The final solution is to abolish the Federal Reserve and restore monetary authority to the U.S. Treasury to create and extinguish honest debt free money based on a 2 tiered system backed up by precious metals, assets, and Labor Treasury Certificates for work performed, services rendered, and goods produced. Inerenational trade and banlance of payment can be conducted with Barter Exchange Contracts. A barrel of oil for a bushel of wheat, thus no debt, no trade deficit. The newly created Treasury Certificates could be fixed at 1 billion units and be used to finance massive public works projects to put people to work rebuilding infrastructure, thus the income the workers receive would be spent on other goods and services, which would employ more people. Excess parasitic profits earned without work or effort, and usury interest rates must be abolished from the face of the earth. To all the workers of the world who are oppressed and economically disadvantaged, I am calling for a non violent peaceful revolution. The implements of change are as follows: 1-National Strikes 2-Boycotts 3-Pickiting 4-Flyers 5-Demonstrations 6-Underground Cash and Barter Economy 7-Town Hall Meetings. There is strength in numbers United we stand divided we fall. It may take acts of civil disobedience to accomplish your objectives Remember that the powers to be are entrenched. Force should only be used as a last resort in a life threatening situation. And only to protect life. The people of the world are not asking for a redistribution of wealth, they are asking for a more equitable distribution of wealth where the scales of economic justice are more evenly balanced.

    • Trish Sha March 13, 2011 at 9:21 pm - Reply

      I can just cry because nobody gives a shit about what my household is going through and I am a 50 yr. old single mom with 2 school age and 2 in college all living with me at home, making under 40.000 a yr and that is a struggle to survive let me tell you. They can drink juice everyday because it’s 5.00 a gallon I told them they must drink more water. Cost of living, has changed my lifestyle forever. I love my cat.

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