“Gold, Bitcoin & Oil Prices Will Spike As Global Economy Crashes!” – Trend Analyst Gerald Celente (Jimmy Dore)

The idea is that interest rates will be lowered and the Fed will keep printing money to keep things afloat, and that will lower the US dollar and inflate the price of gold. Bitcoin may rise too with pro-Bitcoin individuals in the new US Administration. 

The clip also covers the strong chance of a global economic collapse brought about by the ongoing wars in the Middle East with the likelihood of bombing against Iran - that will cause a dramatic spike in the price of oil (energy costs).

Of course any price spike in oil will be temporary as other parts of the world replace the lost production out of Iran, but the short term fall out might be severe. However, the big issue with attacking Iran is that they have a lot of outside support and there's no likely way of occupying forces dominating their territory, as happened in Syria. Perhaps Egypt will be on the radar too. A good interview with Mr Celente. 

[Posted at the SpookyWeather2 blog, January 1, 2025.]