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Gerald Celente Is Predicting That A Stock Market Crash Will Happen By The End Of 2015

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New York Stock Exchange - Public DomainGerald Celente of the Trends Research Institute has just gone on the record with a prediction that there will be a stock market crash by the end of this calendar year.  If you are not familiar with Gerald Celente, he is one of the most highly respected trends forecasters in the entire world.  He has been featured on CNN, The Oprah Winfrey Show, The Today Show, Good Morning America, CBS Morning News, NBC Nightly News and Coast to Coast AM.  Personally, I have a lot of respect for him.  While it is true that not every single one of his forecasts about the future came to pass over the years, he does have a very solid track record that goes back for decades.  He correctly predicted the 1987 stock market crash, the bursting of the dotcom bubble and the financial panic of 2008.  Just a couple of days ago, he told Eric King the following: “I’m now predicting that we are going to see a global stock market crash before the end of the year.”  Celente says that it won’t just be U.S. stocks either.  He believes that crashes are also coming to “the DAX, the FTSE, the CAC, Shanghai, and the Nikkei”.  It other words, it is going to be a truly global financial crisis and he says that there is “going to be panic on the streets from Wall Street to Shanghai and from the UK down to Brazil”.

When you go out on a limb like this, you are putting your credibility on the line.  This is something that Celente has only done a few times in the past, and normally he has been spot on

Rarely do I ever put a date on market crashes. I did it in 1987 when I forecast the 1987 stock market crash — that was in the Wall Street Journal. I also forecast the ‘Panic of 2008,’ and the ‘dot-com bust’ in October of 1999, when I said it (the dot-com mania) would fail in the second quarter of 2000…

Of course Celente is far from alone.  Many others have also been warning that a new financial crisis is imminent.

For instance, just check out what David Stockman recently told CNBC

David Stockman has long warned that the stock market is on the verge of a massive collapse, and the recent price action has him even more convinced than ever that the bottom is about to fall out.

I think it’s pretty obvious that the top is in,” the Reagan administration’s OMB director said Thursday on CNBC’s “Futures Now.” The S&P 500 has traded in a historically narrow range for the better part of 2015, having moved just 1 percent higher year to date. “It’s just waiting for the knee-jerk bulls, robo traders and dip buyers to finally capitulate.”

Stockman, whose past claims have yet to come to fruition, still believes that the excessive monetary policy from central banks around the world has created a “debt supernova,” and all the signs point to “the end of the central bank enabled bubble,” which could cause a worldwide recession.

Just a few days ago, I authored an article entitled “8 Financial Experts That Are Warning That A Great Financial Crisis Is Imminent” which showed that a whole bunch of other financial experts are sounding the alarm about an implosion of the financial markets.

And before any of these warnings came out, I issued my “red alert” for the last six months of 2015 back on June 25th.

There is a growing consensus that something really, really bad is about to happen in the very near future.

You know that we are really late in the game when the mainstream media starts sounding exactly like The Economic Collapse Blog.

On July 22nd, I authored a piece entitled “Commodities Collapsed Just Before The Last Stock Market Crash – So Guess What Is Happening Right Now?

Now compare that headline to this recent one from Bloomberg: “Commodities Are Crashing Like It’s 2008 All Over Again“.

The mainstream media is starting to get it.  The exact same patterns that we witnessed just prior to the last financial crisis are playing out once again right before our very eyes.  Here is an excerpt from that Bloomberg article

Attention commodities investors: Welcome back to 2008!

The meltdown has pushed as many commodities into bear markets as there were in the month after the collapse of Lehman Brothers Holdings Inc., which spurred the worst financial crisis seven years ago since the Great Depression.

Eighteen of the 22 components in the Bloomberg Commodity Index have dropped at least 20 percent from recent closing highs, meeting the common definition of a bear market. That’s the same number as at the end of October 2008, when deepening financial turmoil sent global markets into a swoon.

This is the kind of stuff that I have been hammering on for weeks.

Another sign that we saw back in 2008 that is repeating once again is a substantial slowdown in global trade.  Over the weekend, we got some more bad news on this front from China.  The following comes from Zero Hedge

Overnight we got another acute reminder of just who is lying hunched over, comatose in the driver’s seat of global commerce: the country whose July exports just crashed by 8.3% Y/Y (and down 3.6% from the month before) far greater than the consensus estimate of only a 1.5% drop, and the biggest drop in four months following the modest June rebound by 2.8%: China.

China Exports YoY - Zero Hedge

It wasn’t just exports, imports tumbled as well by 8.1%, fractionally worse than the -8.0% consensus, and down from the -6.1% in June as China’s commodity tolling operations are suddenly mothballed.

The crisis that so many have been waiting for is here.

As the coming weeks and months play out, there will be good days and there will be bad days.  Remember, some of the biggest one day gains in U.S. stock market history happened right in the middle of the financial crisis of 2008.  So don’t get fooled by what happens on any one particular day.

Also, please do not think that this crisis will be “over” by the end of 2015.  What we are moving into is just the start of the crisis.  Things will continue to unravel as we move into 2016 and beyond.  The recession that we experienced back in 2008 and 2009 will seem like a Sunday picnic compared to what is coming by the time that everything is all said and done.

So that is why I work so hard to encourage people to get prepared.

What we are facing is not going to last for weeks or for months.

The coming crisis is going to last for years, and it is going to be painful beyond what most people would dare to imagine.

  • Alwaystomorrow

    The Economic Collapse Blog Has Issued A RED ALERT For The Last Six Months Of 2015

    Published 6/25/2015

    145 days until 12/31/2015.

    Lets do a count down every day until the end of 2015 and see just what happens

    • Reader

      You’re behind. The crash is already happening.

      • loadnup

        Now that’s a fact, “jack.”

        • SunnyFlaSnotress

          May be.. but the price of tea in China doesn’t necessarily affect most of us to any great extent. The future remains to be seen.

          • none

            Never have anything to do with tea from China!
            After the fallout from Fucashima. The tea they were not allowed to sell in Japan, China also. They sold in the U.S.

      • smooze

        He’s a funsanuun…

  • Bob

    Michael:
    I have told everyone to buy a chest freezer and keep it filled food. Everyone should plant a garden and put fruit trees in their yard. We can continue for months or years wearing old clothes or drive an older car, but we must eat everyday. We do not want to see what happened in Venezuela here.

    • SunnyFlaSnotress

      When I see a guy in an old car w/dowdy clothes, I will think..wow! he must be a prepper!.. that will be a big turn-on :)

      • Guest

        Well, such a person is infinitely wiser than you. He’s much more likely to survive than you are.

        • SunnyFlaSnotress

          I still haven’t taken the surgery I was told I absolutely needed over 10 years ago, but I guess your opinions rank somewhere higher above medical professionals though,, I mean afterall, you sit on a blog and tell people to drive old cars and clothes and you know stuff nobody else does cause god talks to you or something.

          • Guest

            Your comment makes no sense. You can’t drive clothes and you can’t sit on a blog.

            You’re the type that won’t survive very long in the coming crisis.

          • SunnyFlaSnotress

            It only doesn’t make sense because you don’t like to listen to reason.

  • Guest

    “The coming crisis is going to last for years, and it is going to be painful beyond what most people would dare to imagine.”

    In my area there is the appearance of prosperity. People are buying big homes, driving expensive cars, eating in restaurants, etc. I would bet that most of these people are in a lot of debt. They don’t seem to have a clue as to what’s coming. I don’t know how they’re going to survive. Their lifestyles are unsustainable.

    • colinjames71

      Southern California? Same here if that’s not where you’re talking about.

  • David

    Thank you Michael for your blog. I found it almost a year ago. For me it was another source of real news (the best so far). I read also polish and uk news and it looks Also very bad. I have tried to convince all my friends but I have failed. They All believe in the system… I have been prepping for three years now, they think they will do it in three days.
    Once again thank you for your efforts!

    • loadnup

      The time to awaken other folks is long past. Keep it quiet for whatever it is now worth to you….. OPSEC is your priority now as relates to “friends.”

  • Marco

    The problem is that no one cares…they all believe that all will be ok….but thats not true….this is going to be the mother of all crisis….we are in this situation at least for 7 years and nothing changed….we are living the same situation before world war 2.This is not just economic crisis….but the dangerous situation like Ukraine or the new col war betwen usa and russia…In my country no one give a dam about this…its like all is ok…they coninue to create debts for cars houses…its like people live only for that to try to be superior to others in material possession….but in the end we all equal….money dont buy health and cheat death….sorry for my bad english

    • SunnyFlaSnotress

      No, money can really help. It doesn’t always help, but doctors typically don’t work for free. Better treatments actually can increase the rate of survival.

      • Marco

        The greed of the people will be our end…..its like every men for himself…the corruption in our government the cold capitalism …the lack of respect for other, honour, principiles and some of this worlds doesnt exist anymore….and people just dont fight for a better world because they think that our and their actions will not afect them…there must be another way…..and no one look for that way….of course money is necessary….but theres no enough recourses or jobs for everybody….i think the mankind just become more stupid…gave importance to supid aspects and forget the most important ones..this situation is the fault of every peolpe in this planet…and people like me is just a minority…..and theres no other chance to wait and see all collapse

        • Alwaystomorrow

          Ibid.

        • Nemnor

          The “cold capitalism” (as you put it) is indeed harder upon the mass of the people. But even the “warmer” more “gentle/generous” form of Capitalism, is ultimately unsustainable, as the REAL world Capitalism (in ANY form), will always (eventually) meet a “dead end” – due to naturally reaching a stage of general over-production.

          Now get this – the “coldness” of Capitalism is directly related to the level of decay (decadence) the system has reached. And this decay will continue (relentlessly)!

          “Money” is necessary ONLY in systems, such as – Slavery, Feudalism and Capitalism. Money is really an “artificial’ necessity in such systems in which goods and services are produced and distributed for the primary purpose of making a “profit”.

          The REAL solution is a radically different system from Capitalism and all previous systems. But (as you probably already realise), this would also take a NEW kind of thinking and understanding. This NEW and better way IS possible, once sufficient people become aware that Capitalism (in any form) is the main root cause of the major socioeconomic issues facing the World.

    • Alwaystomorrow

      Marco, I question if this is really you in the above statement.

      Not just the “bad English” as you said but your entire writing style and attention to punctuation, indention etc. is different than all your other posts

      Something is fishy.

      • David

        different FROM (not “different than…”)

        • Alwaystomorrow

          Thank you.
          Changed.
          You are hired.

          • Marco

            this is my first post.I m not the only Marco in this world.

          • Nemnor

            Michael should update the source code of this website to PREVENT the use of the SAME ‘Username” by multiple bloggers.

            “UserName” should be UNIQUE and ALWAYS related to the email address given when first used.

            This will avoid confusion and mischief.

  • Bill

    The spooky part is not the predictions of collapse but the preparations being done by our “protectors” in government who have known for sometime what is coming while saying “all is fine”. The preparations are known as jade helm. There are new incidents every day of military prepping.

    • SunnyFlaSnotress

      I don’t see Jade Helm as a bad thing.. excessive in preparation if anything.
      But if riots and gangs were to break out, yeah, military intervention would be a good thing.
      I’m moving into a city by a Jade Helm center :)

      • Bill

        Interesting thought, but it will be a very new day before I trust uncle sammy. Think about how sammy is lying about present conditions.

        I do hope our military will not turn on us when push comes to shove. Do you understand why foreign troops are training with our troops?

        • SunnyFlaSnotress

          To achieve intercultural understanding and cooperation?

          • Bill

            I think not.

          • BIGFRANKBRONX

            L O L!!!!

          • SunnyFlaSnotress

            well guys, do tell..

      • loadnup

        LMFAO…………..

        • SunnyFlaSnotress

          Just getting my car fixed, going for new work, and I’m on my way.

  • K

    I welcome Mr.Celente’s prediction. But I am glad I did not wait for him. Imagine if tomorrow you just then started prepping. Better than nothing, but only somewhat. No I take his prediction. As just further proof many of us, are on the right course.

    • Mike Smithy

      I too welcome Mr. Celente’s prediction. However, his track record for accuracy is not very impressive as I have followed him for over 6 years. Although I think he would be a fun guy to have a beer with, I wouldn’t bet the farm based upon his foresight.

      • Nemnor

        For, those of us who are very much aware that the world-wide Capitalist system is decadent and at a “dead end”, while we stay away from making time-specific “predictions”, we know that Capitalism has been in an on-going crisis since the late-60s/early-70s, and that as the decades pass, the Capitalist system will continue to decline relentlessly towards total collapse/chaos (because the system can NOT solve the “nagging” issue of over-production – which is the key reason the system can NOT generate long-term recovery by economic means alone).

        However, we are also aware that, as the decaying Capitalist system continues to decline, there is the ever increasing prospect that Capitalism will bring about WW-III, to avoid (they hope) sinking to a total collapse/chaos of this decadent profit system.

        • Mike Smithy

          Nenmore you are full of crap. In a true Capitalistic economic model with real elastic and inelastic supply/demand curves, concerns of overproduction are never an on-going issue. Instead of bashing Capitalism, why don’t you offer an idea to the readers as to a better economic model. Is it because you are a closet Communist or Socialist and you and your idiot professors have nothing to offer than the same old failed Commie BS propaganda?

          • Nemnor

            Mike Smithy, in the REAL world Capitalism (not the theory you have in your head), the issue of over-production is ALWAYS (eventually) an issue. WW-I and WW-II were both rooted in the issue of over-production. Imperialist/Capitalist Germany needed “room” (market) for German Industry (i.e. German “national capital”) to expand into, and hence, the REAL underlying reason Germany “triggered’ WW-I and WW-II.

          • Nemnor

            Mike Smithy, the future of the World under ANY form of Capitalism (i.e. “true Capitalist economic model” (as you put it), or not), is eventually WW-III. And, it is the insoluble issue with over-production (or conversely, the inherent issue with a virtual and practical LIMIT of the World’s market and resource) that will “compel” Imperialist Capitalism to bring about WW-III.

            Now get this – Capitalism would naturally become “imperialistic” (it can NOT avoid that), as this is the very NATURE of ANY economic system that is based on producing and distributing goods and services to generate (ever increasing) profits – as the primary end-purpose of production and distribution. Such a system MUST expand (by any means necessary), OR, it decays into decadence.

            The REAL solution (to at least, avoid war) obviously begins with dismantling Capitalism, and replacing it with a sustainable system, based on producing and distributing goods and services to meet the genuine needs of society – as the primary end-purpose of production, and in accordance with what is needed to protect the environment.

            In other words, producing/distributing for profits, can not, and must not, be more than a secondary interest, IF we are to save the environment and the Human Race. Capitalism (in ANY form) is NOT capable of removing profits as the primary motive for production and distribution. (right?)

          • Hillbilly

            I think both of you are very condescending! (That means you talk down to people)

      • Gay Veteran

        Celente would agree since his motto is “think for yourself”

    • The thing is nobody cares about the sheep. It was always a battle between “Conspiracy Theorist” and the Elites. 99% of humans were already controlled by stock market and money itself.

      Its the battle for “conspiracy theorist” soul as they are the most hardest to tame.

      The sheeps will buy the NWO and line up for it, they will even rat you out, so be careful not to divulge your prepping location.

      You need to be careful of humans as well as elites now. Most of your “friends” will be the first one to rat you out.

      Humans love “Everyone for himself” brainwashing line, living it to destiny and god to protect them….they can’t digest a human prepping and being real.

    • Dave

      too many people predicting market crash.
      it probably wont happen.
      and if it does?? so what?

      • Guest

        ^ Clearly a product of the public school system.

  • G21

    – Precious metals
    – Ammo (common calibers)
    – Toilet paper
    – Spam
    – Soap
    – As much gasoline as you can safely store

    One day we’ll sit in amazement watching the stock markets losing thousands of points an hour. The yields on US Treasuries will be zooming sky-high. Mobs will be looting grocery stores in every city. People will be desperately trying to contact family members over jammed cell systems. Banks and ATMs will be shut indefinitely.

    And the commodities listed above will be virtually impossible to buy.

    • SunnyFlaSnotress

      Realize that Venezuela and many other places don’t have Walmart dotcom.
      America really is a lot better organized than the places you’ve been hearing about during their economic crisis.

      • G21

        America is a hollow shell which is already cracking. The strength that used to typify this country has been drained away by liberalism.

        • SunnyFlaSnotress

          Liberalism.. lol..
          Liberalism does create choices. Gone are the days of slavery.
          You can’t always get what you want.
          We must learn to cooperate.

          • G21

            Good idea. Let’s all cooperate with conservative Christians.

          • SunnyFlaSnotress

            Sadly for you, this is a Democracy, not a Theocracy.

          • Liberty First

            Sure it is, i.e., the Theocracy of Liberalism, including Global Warming Prophecy, Karl Marx worship, Sainthood for the “Oppressed,” such as Obama, and it goes on and on. I cannot think of a more theocratic style of cognition.

          • SunnyFlaSnotress

            You don’t like Liberalism, but that doesn’t make it a Theocracy.

          • Mike Smithy

            True. Totalitarianism and dependency is their religion, government is their god and John Maynard Keynes is their prophet.

          • M.

            Yes, you’re free indeed, unless of course you do something that one of the myriads of commissars who control every aspect of human life under the wonderful liberal (really Judeao-Masonic) regime disapproves of. If you do that you’ll be enlightened in regard to how much your much vaunted “freedom” is really worth in a manner you won’t soon forget.
            The people of this putrescent modern world are as worthless as it gets. They have no fighting spirit, they couldn’t care less about right and wrong. Just let them live as degenerate beasts, that’s all that matters to them.
            They don’t want to learn anything, they don’t want to understand anything, they don’t care that they’ve been robbed of the right to private property, they don’t care that their children are being corrupted…….they are eloi, and the eloi will soon learn that the morlocks haven’t got their best interests at heart after all. They really shouldn’t complain, as they’ve brought it onto their own heads by their weakness and their malice.

        • Gay Veteran

          fixed your sentence: The strength that used to typify this country has been drained away by FASCISM (the merger of state and corporate powers)

      • G21

        So you want everyone to cooperate, as long as they cooperate with your beliefs.
        Why am I not surprised?

        • SunnyFlaSnotress

          I don’t chop off the heads of conservative christians. I prefer not to work with them, but if it necessitated i would.

    • loadnup

      “One day we’ll sit in amazement watching the stock markets losing thousands of points an hour.” While I have mixed emotions re such reality coming to fruition — thankfulness it’s finally happening and “oh, hell, get in the truck and let’s get to the cabin” — your assessment is right on.

    • Justin Mahler

      Beans, Bullets and Bullion…The 3 B’s of survival!

    • Gay Veteran

      don’t forget booze and sugar to barter with

      • M.

        I highly doubt there’ll be much bartering in this worthless pagan society. It’s a lot more likely they’ll invite you in to trade, and then one of their mates will shoot you in the back, or they’ll grab you and cut your throat or bash your head in with a club when you’re not looking, after which they’ll gleefully loot what few possessions you had.

  • Dow 25K 2016

    The unemployment rate held steady at 5.3% Also over 200K in jobs were added during July. The U.S has a diverse and robust economy! Michael, why are you so intent on manufacturing fear? It destroys shareholder value.

    • Mike Smithy

      Yea right. The labor force participation rate (LFPR) is approximately 94 million people. We have not seen numbers this low since 1977 despite the fact that the population has grown by a considerable amount since then. Although the USA added approximately 200K low wage part time McJobs last month, the vast majority were not living wage jobs. More importantly, the USA needs to add approximately 235K jobs every month just to tread water with the increase eligible workers.

      • Gay Veteran

        amen

    • Bill

      Some people se to trust sammy no matter what he says.

    • DW

      And how many people are on some sort of assistance…90 million?

    • Gay Veteran

      ROFLOL, why is U6 unemployment over 10%
      why is the labor participation rate so LOW?

  • Richard

    So what I want to know is this: if you are freely (and correctly) prepared to admit that Celente is not always right, why do you consistently FAIL to mention that Hussman has been so hideously and egregiously WRONG since 2009? TWICE in recent posts you have hauled up Hussman in front of us as an ‘expert’. Truly, he’s no such thing. He’s just a nifty academic who can spew thousands of words in a weekly report and make them sound good. Really, Michael, that’s it!

    • :-) Yes but in the larger picture it does not make other wrong or Michael’s article wrong… quoting someone who “eventually” has been hideously wrong does not impact the fact that a whole bunch of experts who are not hideously wrong were spot on most of the time.

      As well, he can be right this time. I’m not sure that the past wrong would always make someone wrong in the future.

      The big picture is what counts here don’t you think?

      • Richard

        I don’t deny anything you say. But what you say has absolutely nothing to do with my comment. And Hussman’s “big picture” has been wrong for six years!

        • Balambalam

          Hey Genius, even I understood what he meant. Ok, will clarify something manifestly your idiotic brain can not read.

          He meant, in a polite way, that your comment is (as usual should I personally add) useless in the overall context of the article.

          Secondly, you always giving lesson to Michael about what he has to say, why he has to say it, when he has to say, who he has to quote or not – you are an imbecile who have and think high of himself. Get a life a..hole. What a j.erk

  • G21

    One day the idea of buying $15 silver ounces will be like buying the winning lottery ticket for $3.

    • SunnyFlaSnotress

      One day, I’m gonna win the lottery 😉

      • G21

        Yes, I urge you to ignore us paranoid preppers and just keep playing the lottery. I’m certain you’ll do well. 😉

        • SunnyFlaSnotress

          I haven’t played in a long time (like years). After I go for work again.

  • JailBanksters

    Just like everybody else then…
    But, what happens if it doesn’t, or it doesn’t happen next year, or it’s not as big as everyone thinks it will be. If all other countries collapse first, it will make the US Dollar look good again, and the whole process will start all over again, until the next one in another 7 years.

  • SunnyFlaSnotress

    I’m moving into the city by the Jade Helm center soon (unless the ex-bf comes back w/a 2nd offer that I will accept)
    I will keep you posted :)

    • alan

      He forgot to say “don’t tell mom”

  • Dow 25K 2016

    This is the ultimate economic doom and gloom site. WOW! Analysts have predicted a collapse in 2010,2011,2012,2013,and 2014. Nothing has happened yet. And God Forbid if the economy does collapse, the US government would be handing out humanitarian aid, setting up homeless shelters, handing out food stamps, and printing welfare checks to get people back on their feet. The U.S government has our backs. Bernanke and Yellen have done all they can to save the U.S economy. I am happy they have tried to protect shareholder value.

  • Dow 25K 2016

    This is a wonderful time to invest in the market. The DOW is grossly undervalued.

  • Harbinger

    No Democracy has survived beyond 235 years. Virtually all democracy’s have collapsed once they suffer from physical and moral bankruptcy. Alexander Tyler once noted that the average age of the world’s greatest civilizations has been about two hundred years. He also said, “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largess from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, followed by a dictatorship”. The problem is “We the People” have given away everything to the elect few who have literally destroyed this country. We only have ourselves to blame!

    • Guest

      The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.

      Alexis de Tocqueville

    • BonusGift

      “We have only ourselves to blame!”?
      Speak for yourself. I didn’t vote for or support any of this, or even government benefits. One of the keys to correcting a problem is identifying the true cause(s); and one of the keys in any injustice, particularly this societal downfall, is not blaming the victims. In short, blame those that controlled the propaganda machine, blame the moneychangers that control the central bank, blame those that rigged the elections by providing false choices, blame those that lied to us and lied to themselves, blame those that blamed the wrong people, …; but don’t blame those that tried to stop this and were called “racist” or “Nazi” or “global warming denier” etc. etcetera …

    • Jeffrey Missal

      Maybe if we had remained a Constitutional Republic as was originally intended by the Founding Fathers, we wouldn’t have this problem.

  • IsReal

    He was entirely wrong about gold at $2,000 per ounce and the commercial real estate market crashing in 2012.

    • Mike Smithy

      True.

    • marc

      He didn’t realize the NWO FED manipulation was going to be full on…..lies about jobs, inflation etcetera

      • John Byde

        Always an excuse

        • Gay Veteran

          who ever heard of “quantitative easy” before the Fed rolled it out?

          • TBonePickens

            lol. Easing.

          • natxlaw

            Thank you, but I prefer it Gay Vet’s way.

          • natxlaw

            Your name is awesome by the way.

    • Gay Veteran

      gold got pretty damn close to $2000/oz

  • Dow 25K 2016

    I can’t believe people believe this stuff.

    • G21

      So?

  • Micheal Don’t forget jade Helm. The military is moving all over America Quietly, while the Trump/Megyn Kelly drama goes on.

    The UN/US forces have even moved to Alaska now. Everything is set

  • JAY

    thank you Michael.

  • Marc Tottingham

    I work from home earning $10,000 a month. I have bought two Corvettes for each of my children. you can too! Just follow this link for instructions.

    • alan

      Selling crack, why didn’t I think of that!

  • Daystrom2012

    Go to now, ye rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
    James 5:1-3

  • SS

    Please forgive my ignorance… I am new to this blog. It seems I have had my head buried in the sand, but now am aware that a real crisis is coming. Is it too late for me to prepare? I am in my 60s and on Social Security. I am not invested in the stock market. How does one prepare for what is coming?

    • Eric Shorter

      It is never to late to prepare. I would suggest you start by buying a little extra food and water. Whatever extra money you have can buy a little extra to store away. Buy a little bit of silver. Keep your car filled with gas. If you don’t have a gun, save up and buy one.

      • SS

        Thanks, Eric. I need to get some shopping in…

    • Moesha

      There are lots of prepper sites that have lists and suggestions online. Many of the things they suggest you may have already around the house. But starting with extra food and water is always a good place to start….whether its for a financial collapse or a natural disaster, its always a good idea to be prepped with extra food for any scenario!

      • SS

        Thank you for your response. I will take your advice immediately.

  • Dan Aldrich

    I think that preparing and not having anything happen would be better than not preparing and then having the SHTF. It wouldn’t hurt to prepare. Agreed?

  • chris

    ‘The mainstream media is starting to get it.’

    Not necessarily. The central banks have inflated a massive bubble and a fake recovery and the mainstream media have willfully ignored it for years. Now that the insiders have got out with their huge returns and only the mugs are left in they are being told to help to pop it so that the insiders can buy back in after it crashes. However this crash may be the end of the current financial system as we know it.

  • alan

    Probably a small crash/dip, 401k’s will take a beating and some people will jump back in, buying the dip. The fed will print like hell and we’ll see 18000 by Christmas.
    I think our policy of destabilizing the world help our cause. It forces countries to buy into the US dollar one way or another, making us a safe haven of sorts.

    It will be interesting to see how it all unfolds.

    • Jerry C

      “Interesting is not the word I would choose to describe what is happening.” :)

  • Stephen Taylor

    If the consensus says a crash will occur this year, it’s bound not to happen (perhaps).

  • GSOB

    “Gerald Celente Is Predicting …………….”
    On who’s behalf does he speak?

    John 6:70
    &
    Isaiah 44:7, 8

    • Guest

      sigh….right over your head…as always.

      • GSOB

        “But you do not believe because you are not of My sheep.”

        • Guest

          You’re certain of that are you….?

          • GSOB

            Everyone has the right to be stupid, but you’re abusing the privilege.

          • M.

            No, you’re too much of a coward, that’s what it is. If I saw I’d spit in your face and you’d take it like the little insignificant punk you are.

    • M.

      Perhaps you could stop being inscrutable and make an attempt to explain what the quoted passages have to do with Celente and his predictions. Or, is it that you just wanted to present yourself as the most sagacious prot of all, dwelling in an ethereal realm and possessing the intuitive understanding of the angels, deductive and inductive reasoning alike being no longer necessary for such an exalted personage as yourself.

      • GSOB

        LOL
        Celente,
        He is your idol.

        • M.

          Why do you believe in the inerrancy of Holy Scripture? That doctrine comes from the Catholic Church which you have a visceral hatred for. You really ought to drop it if you want to be consistent. Perhaps you could become a Hindu guru instead. That would enable you to finally divest yourself of any remaining vestiges of Catholic doctrines, and you would have a coterie of followers to fawn over you.
          It seems after all that you crave such a situation, to be regarded as the all-wise and inscrutable sage, ha ha ha. You could, to paraphrase Pope; Like Cato give your little senate laws, and sit attentive to your own applause; Whilst wits and Templars every sentence raise: And wonder with a foolish face of praise.
          By the way I am rather indifferent in regard to Celente, I’ve never written anything about him, for or against. This demonstrates that you’re pulling things out of the air, but that’s not surprising given how alien the use of logic must be to you. You don’t think, you emote, to employ a rather useful neologism. Farewell for now guru.

          • GSOB

            If I hurt your feelings in any way I just want to know from the bottom of my heart that I don’t care.

    • oren

      Although I do not much comment, I read most of the comments and the articles. And one thing begins to really get on my nerve – YOU. The thing I can say about you is that you are really out of touch with the world around you. Don’t know what you smoke but you should stop it…

      Your biblical references are never related to anything here, you just use this blog as a place to dump your personal lecture on something you clearly don’t even understand –> the Scriptures, And you wait for people to understand whatever it is… If only it would help somehow, but it is completely out of context each time.

      Secondly, you manifestly take yourself as a preacher or prophet of some kind who think that by quoting the Scriptures all the time it makes him wise and intelligent. the fact is that it just proves the exact opposite…

      • GSOB

        LOL Good comeback! LOL!

      • Guest

        Amen Brother!

        • GSOB

          Monkey see monkey doo
          LOL
          From goo to you, by way of the zoo.
          LOL

          • M.

            Where’s your minder at just now? I know you must have one. How else could you be prevented from wandering out into the street and being struck by a car? Your minder needs to watch you more carefully. The feeble-minded are often just clever enough to get themselves into trouble.

          • GSOB

            Somewhere along the line, I must have given you the impression I cared.
            I apologize.

          • M.

            Good job punk, you even spelled the words right, it must have taken you hours to type that.

    • Gay Veteran

      parrot

    • Charissa

      You have to also consider the history of Shemitah, God’s calendar – Sept. 2015, some form of judgment will come

  • DJohn1

    The depression of 2015 has already started.
    When you have true numbers the reason is apparent.
    Not the numbers put out by the economics people in government but the true numbers that are also there if you know where to look.
    These professional economics advisers all appear to follow Keynesian Theory of economics.
    That is what they are taught in schools all over the country and to a certain extent the world.
    Based on that theory we the people of this country are caught in an endless spiral of spending money we do not have.
    Like a pot of water coming slowly to a boil, no one realises what is happening until they are boiled alive by the system.
    Most of the problems I see start with the average individual out there. This average person is living paycheck to paycheck with no savings and almost no ability to stay solvent when they are finally without that paycheck. The key here is funds they have to spend. I call it discretionary income.
    Discretionary income has been reduced by almost half on the average all over the country in the last 6-8 years.
    The villains in this are the various government programs.
    Health Care stands above the rest. I retired in 2007. When I retired my secondary insurance through my company was roughly 600 dollars deductable per person. High but not too intolerable.
    Right now this year it has gone up to 6,000 deductable per person. This is all about Obamacare and its economic ramifications on the common person out there. The last number I saw was unbelievably high. Michael has published that number in the recent past.
    We are looking at true unemployment figures not imaginary ones put out by the government as well.
    The government cannot lie its way out of the true unemployment numbers of the country or the lack of raises nationwide. Neither can they argue about the jobs lost to technology and jobs farmed out overseas to people with low wage structures. That they do attempt this shows how desperate they really are.
    Does everyone remember Germany after world war one?
    Well our Hitler is on the stage at the debate and running for President of the country.
    No, it is not Donald Trump, but one of those other Republican candidates.
    The pattern is there for anyone to see. One of those individuals will be our next President.
    When something this large happens there is no prep for an average person beyond storing food somewhere the FEDS are unlikely to look. Yes, they will walk in amd steal your food when the time comes.
    Based on past history, I think that anyone that arises that is not from the elite will either be faced with a monitor in form of the Vice Presidency or they will be killed.
    It is called “Aim A Nutcase” and the details are available in our own history of 40 or more years ago with the deaths of world leaders that might have changed things. The pattern is simple. You give an individual that is unstable medicine. You take them off the meds and hand them a gun and point in the right direction.
    I suspect a combination of drug therapy and post-hypnotics aims them at the target. These individuals are not that rare. I figure somewhere between .15% and 1% of the population at large are simply waiting for instructions.
    And there lies the problem with Donald Trump and the coming economic bubble burst.
    A large number of old people some of which are terminally ill yet still on their feet quietly awaiting their pensions every month. Well those pensions all depend on a healthy stock market indirectly. It comes down to a lot of them will have nothing left after a crash of huge proportions. All it takes is one individual unstable enough with a hunting rifle and scope.
    And that is what the elite truly fear. And I do not blame them one bit.
    It is not a matter of when the SHTF it is all ready here. It is a matter of painting a lot of people into a corner with no escape.
    WHEN those pensions go down this will likely be a very scary place to live.

    • AzDi

      “Well our Hitler is on the stage at the debate and running for President of the country. “……… not sure I believe in that statement. I think our “Hitler” is already in the WH and will remain in office via Martial Law.

      • grumpyhillbilly

        I don’t think he is leaving either. Either economic collapse or race wars will be the excuse Obama needs to do Martial Law.

        • DJohn1

          I think Obama will leave the Presidency for one reason. He plans to step up to a UN position. But this is just a guess on my part.

  • Dow 25K in 2016.

    I think the FED needs to ramp up the QE again. I think $150
    Billion each month would be appropriate.The Fed would buy $75 Billion in Mortgage securities and $75 Billion in Treasury securities. This would show investors that the Federal Reserve is committed to maximizing shareholder value.

    Also, it would encourage banks to extend credit. I like the
    Facebook credit worthiness idea. I think credit should be extended based on your circle of family and friends. Basing credit on past payment history isabsurd. People go through hard times.
    Thus payment history and credit utilization percentage should not preclude people from obtaining credit.

    • TK

      I concur wholeheartedly, that is what the Fed is there for, to print until we don’t need them to print any more!
      /s

  • Dow 25K in 2016.

    Michael,

    By publishing alarming statistics you are lowering
    shareholder value. The Federal Reserve is committed to maximizingshareholder value. Thus, they will do everything in their nearly limitless powers to prevent an economic collapse. The job numbers were robust and over a quarter of Americans believe the economy is in good or great shape. Green shoots are everywhere. I predict the
    Fed will not lower rates and start QE again. After QE starts you will see a skyrocketing market and an economy poised for liftoff.

    • PinkClouds20

      Stop lying. 20 million Americans are still out of work.

      • feoh

        100 million Americans are out of work.

  • whotookmyalias

    Fed and its crony banksters will continue printing money as long as they can prop up the stock market and hold down commodity prices. That is what’s different this time. However, when it all comes crashing down it will be spectacular. All the sheep who didn’t care as long as they got their new iPhone will get a pretty quick education in self reliance.

  • max

    Doubtless Mr Celente is a fine fellow. However, there is just one slight, tiny, weeny problem with his proclamations of doom; none of them have yet come to pass. So, as a human being I’m sure he’s top notch. As a financial guru, he’s pretty poor. Oh, and before I forget, this is the same Mr Celente who lost of all of his gold holdings when MF Global took a dive. Hmm, where was his crystal ball when he signed up with MF…whose initials took on a whole new meaning after that debacle.

    • Guest

      perhaps you should investigate a little further what happened and why to some of his gold holdings….he explained it on one of his YouTube vids.

    • Gay Veteran

      hey Einstein, he’s a trends forecaster, he doesn’t predict how individual companies perform

  • max

    “David Stockman has long warned that the stock market is on the verge of a massive collapse, and the recent price action has him even more convinced than ever that the bottom is about to fall out”

    How can you long warn about something that is on the verge of happening? Being on the verge means that it is imminent.

    • Ninja Flex

      And sometimes doctors tell a patient they have 6 months to live, but they end up living for years. Our economy is that patient. Living waaay longer than it logically should have.

    • GSOB

      You would think.
      However, common sense is usually not applied when understanding ‘the time is at hand’ John penned in the book of the revelation of Jesus Christ.
      Somehow, our bright preachers were out performed by Satan and his doctrine.

  • Km

    He admittedly lost a bunch of money by the system he’s supposed to be warning us about? He never was my cup of tea anyway. If any of these experts were honest, they would have advised their clients never to invest in the stock market, why, because the (ones) that set up that monetary system, always manipulate and end up robbing the people of any wealth they had! Only those that created the game, can win the game!

    • Gay Veteran

      he doesn’t give financial advise

      • Km

        Thank goodness!!

        • Gay Veteran

          if someone wants to understand what is going on in the world then need to listen to Gerald Celente, Paul Craig Roberts, Charles Hugh Smith, Karl Denninger, etc.

  • Rufus T Firefly

    Gerald Celente has predicted a stock market crash every year since Truman was president

    • Gay Veteran

      liar

  • PinkClouds20

    A stock market crash is almost certain. You are being naive if you think Greece’s financial crisis will not affect all the world’s markets.

    • GSOB

      Everything will be alright,…. for the short run.
      In the long run, everyone in a socialist country is a Federal employee.
      They’ll offer the only pensions that are left.

  • Mondobeyondo

    Gerald Celente is a heavy hitter who gets it right more often than not. So, if he’s saying there will be a stock market crash by the end of 2015… ears will start perking up.

    It’s not looking good, folks.

  • CharlesH

    Probably about 2 or slightly more years ago I started to come to my senses and started to do little things – buying a little here and there, stocking some of this and that, going about my way, keeping to myself. I look at all of this as another form of ‘insurance’ – just in case but hope to God I never have to use it. Just in case…sounds so trite but has a huge meaning.

  • GSOB

    Lot’s of folks want things to go really bad
    just so they can live to their flesh, fully, without restraint or consequences for wrong doing.

    Then there are those who know the Lord.

    • M.

      Why are you opposed to that? Your doctrine denies the necessity of living a good life, doing penance and so on. I would have thought that you would tell them to just go for it! Outdo one another in sin, after all so long as one “believes” it’s all all right, isn’t it? Luther said “sin boldly, but believe even more boldly.” Your not going to forsake the great heresiarch’s teaching now, are you?
      By the way you’ve fallen down on the job of being a good guru with this post. It’s not sufficiently mysterious. You should have written some random scriptural passages down and followed them with a cryptic commentary.
      Something on the lines of “The chair is against the wall, I repeat the chair is against the wall. John has a long moustache, John has a long moustache.” This would not itself do the job, you’d have to modify it, give it a vaguely religious tone. I can’t think of something that fits the bill just now and I’m not going to bother. Being a master guru is your flipping job after all, not mine ha ha ha!

      • M.

        Your should be you’re above in you’re not going to forsake the heresiarch’s teaching &c. I’d correct it if I could, but it won’t let me.

        • GSOB

          LOL
          Artificial intelligence is no match for your natural stupidity.

          • M.

            Keep stinging little fly, that’s all you’ve got and it’s quite amusing to watch.

      • GSOB

        LOL

        • M.

          Come now, is that they the best you’ve got punk?! I expect something better next time.

  • dsfdsf

    100 million Americans out of work

    45% of Britain on the dole

    The west is finished. The end times are here…

  • rat28

    Gerald Celente has been predicting all kinds of collapse since 2008.. The chance is that he could be wrong again.

  • VigilanteCaregiver

    I’m ready…

  • df NJ

    Jesus will save our country from financial collapse and ruin.

  • Megalon

    North America has already collapsed morally,so the stock market’s eventual collapse is just symptomatic of our cadaverous condition.

  • pannon

    So many tried to predict the fall in the last 5 years, but all failed. Thats only making panic. The one who sees the market crash must be a pundit, a future teller, please tell me the number of lottery, then i believe that you see the events to come.

  • Noel Joseph

    I’m not saying a crash won’t happen in 2015 because it certainly might. However, Calente has zero credibility so his forecast doesn’t mean anything. He is almost always wrong with his predictions. The only reason he is right sometimes is because he makes so many predictions that some of them turn out to be right. For example, this fool predicted a “economic 9/11″ to occur in 2012 that would be equal to or worse then the great depression. Not only was a wrong but he was foolishly wrong. The S&P 500 gained an amazing 16% in 2012.

  • CordovaBelle

    “So that is why I work so hard to encourage people to get prepared.” End of article.
    But you give NO specific ideas on HOW to prepare! My entire net worth and lifesavings (and they are extremely small) are in a 401K and a retirement annuity–both invested in the stock market. So what am I, at age 69, supposed to do at this moment? Pull my entire lifesavings out and put it under the mattress. HOW does one prepare? GIVE SPECIFOCS, for heaven’s sake!

  • CordovaBelle

    “So that is why I work so hard to encourage people to get prepared.” End of article.
    But you give NO specific ideas on HOW to prepare! My entire net worth and lifesavings (and they are extremely small) are in a 401K and a retirement annuity–both invested in the stock market. So what am I, at age 69, supposed to do at this moment? Pull my entire lifesavings out and put it under the mattress. HOW does one prepare? GIVE SPECIFICS, for heaven’s sake!

    • CordovaBelle it is not really his job to give specific ideas on how to prepare, and it is not the purpose of this blog, but just to warn of the coming trouble (hence the title of it).

      We all are responsible of our own decision and action based on what we learn. This blog is more about knowing what is around the corner to help us prepare by takinge our own responsibilities… not withstanding the fact that if Michael gives financial advice he could be held accountable for it.

      Up to each one of us to look for financial counselor or expert accountant, or whatever may be the case to help us reaching the right decision. It is OUR job.

    • Horiboyable .

      Your own government will steal it from you. Unless your assets are in your physical possession, they are not yours. Take a look at places like Greece, Hungary and Poland, the governments there simply took peoples private pensions. All western governments are turning on their people for cash, they are all broke. Try reading about the demise of the Roman Empire. They did the same thing, borrowed too much money and lots of unfunded commitments, just like every western government at the moment. The chatter on the internet is that 401k amount is about the same as the USA debt, I am sure it would be very tempting for a politician to take it and settle the debt. Remember its for the good.

    • DB200

      CordovaBelle, I sold all my stocks in July and August and now it is in a money market fund. I wait and see what happens. If nothing happens, I just buy the stocks back. If a crash happens, I buy them back with a discount. So how big is the risk of selling, now a lot of signs are indicating that the market has peaked?

      There is a risk that in the end a 401k will be confiscated, that is, exchanged against an IOY. This has happened in Argentina were in 2011 or 2012 (I forgot the exact year) private pension funds were nationalized. They got an IOY from the government that promises to pay their pensions in the future. And now this government is broke (again). This may happen iin the West as well in the (far) future but not in the short term.

      • Charissa

        I moved mine today – I didn’t sell them. To basically a cash fund (only option on my plan) and to a Federally Backed fund (I know, please don’t make fun of me). I figure having cash is going to be pretty much useless anyways, having food/water/shelter will be what is needed if we really go down. Did you have to pay a lot in taxes & fees to sell & move to a mmf?

  • GSOB

    lol

  • GSOB

    You’re so ugly you have to sneak up on a glass of water just to see your reflection.

  • Knut_the_dead_polar_bear

    Gerald Celente is always predicting economic collapse. And just like a broken clock gives the correct time twice per day, he will be right one day.

  • Rajiv Ramdass

    Check out the Mystery of the Shemitah by Jonathan Cahn .He explains a biblical Mystery that has been shown to be linked to a seven year cycle as was given to Moses in the old testament over 3000 years ago by God Jesus.This seven year cycle is shown to affect the economy either in a good or bad way depending on if the people served and obeyed God Jesus or rebelled against him.For example every 7 years there has been a fall1994,2001,2008,and so on all separated by 7 years.

  • Praise Him

    Check out the Mystery of the Shemitah by Jonathan Cahn .He explains a biblical Mystery that has been shown to be linked to a seven year cycle as was given to Moses in the old testament over 3000 years ago by God Jesus.This seven year cycle is shown to affect the economy either in a good or bad way depending on if the people served and obeyed God Jesus or rebelled against him.For example every 7 years there has been a fall1994,2001,2008,and so on all separated by 7 years.

  • Clark Herring

    All of these predictions were so accurate – I wonder if anyone ever goes back and reads these eternal prophets of doom

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