Mike Maharrey: Greetings. I’m Mike Maharrey, a reporter and analyst here at Money Metals, and I’m joined today with Gerald Enti. Gerald is a fantastic analyst and the publisher of Trends Journal and has a lot of great insight because he looks at things from a very broad perspective. Gerald, how are you today?

Gerald Celente: I’m all right. Again, sad about the decline of humanity and how America’s going down. Again, don’t blame it on Trump. It’s one clown after another. People call it a Democratic and Republican party. I call it a crime syndicate by their deeds shall know them. Hey, remember the panic of ‘08 or the domain name I took out in 2007? Yeah, that one.

How about bailing out the Banksters? Who, Hey, you don’t have a job, you got no money? Hey, you want to buy a house here? Sign over here. Subprime mortgage. Oh, derivatives. We’ll make something up. The Federal Reserve, according to the Levy Institute of Bard College, bailed out the Banksters $29 trillion. Hey, you go broke. Go to hell. Hey, Hey. I’m Jamie Diamond. I’m from JP Morgan Chase. We only been convicted of five felonies. Hey, oh, one of them. You rigged the precious metals, mark and I forgot. Oh, that was only in 2019. Yeah, but we paid $900 million. We only made billions, but we paid ’em off, and I don’t go to jail. Oh, hey, you know who I am. It’s a crime syndicate. What’s your favorite war? I like the Afghan. Wow. The Iraq War are better than that. We about the Vietnam? One after another.

So again, I’m very sad to see the decline of this country and the clown show going on. But again, it’s around the world. You got that little got Macron over there. They just had a new prime minister. Because the economy’s going down, they can’t understand what’s happening. Oh, again, he sued this woman because she said that his wife is a man. I mean, what? Are you kidding me? Oh, did you hear the latest the clown boy running the Washington Post? Yep. An advisor for Boris Johnson. Oh yeah. Oh, you mean that clown boy? That was the head. The prime minister of the UK would put an FAU and a C in that. Oh, that the best cartoonists in the world, putting him up with a freaky clown than Boris Johnson. Oh, you are calling us the media. How about calling him Prestitutes Media? Who’s that get paid to put out by their corporate pimps and government hall masters?

That’s my term. And in the Trends Journal, what we do is we cover the world. So let’s talk about, for example, the Israel War Are we subscribed to ha. That’s the Israeli newspaper. We go to Jerusalem Post, we go to Ynet. We go to Times of Israel. Oh, you hate us to this. We go to I-R-N-A-I-S-N-A, press TV Toronto. We want to hear what the Iranians have to say. Why? How dare you. How dare you. You are only allowed to swallow my crap coming out from the Cartoon News Network, CNN. Oh, we also go to Arab News, Al Jazeera. Oh, we go to Euro News, we go to Fred 24. We go all over the world. We want to hear what everybody’s saying, and then we say, this is what they’re saying. This is our analysis and this is where we see it going. Nobody does that anymore. Journalism is dead.

Mike Maharrey: Yeah. You’re doing true journalism where you do look at all of the sides. You’re not just spinning propaganda, which is quite a refreshing thing. Let’s talk a little bit about the economy. We’ve heard for many, many months that the economy’s doing great. It’s rolling along. You kind of look at the data. You knew that that wasn’t quite right, but that’s what they were saying. But now all of a sudden there’s recession worries, and you’re starting to hear the word stagflation thrown around, and you have said that that’s not really the right word. You use the word drag deflation, which I think is much more descriptive. Can you explain that?

Gerald Celente: Stagflation means the economy is stagnant and inflation’s going up. Stagflation. It’s not stagnant. It’s going down and inflation’s going to go up. And again, let’s look at the numbers. Last week, only 22,000 jobs were created. 22,000 out of 347 million people. Where were the jobs created? Oh, the healthcare sector and hospitality. Oh, you mean the jobs that pay nothing. Those jobs, yeah. Oh, what did they just come out with? Oh, they overestimated. A million jobs almost have been lost. Yeah, but we rig the numbers. We make up any crap we want. We bureaucraps. And by the way, bureaucraps are the lowest pieces of crap on the planet. These are people that can’t get a job in the real world that suck into the political system that become the most arrogant.

So then you look at the data coming out where they’re showing that real wages have an increase since 2019, and what people have forgotten about the inflation numbers. Oh yeah, they’re rigged. Again, not my language. It’s a fact your housing has gone up 50%. No, we don’t add that in. We add other things in. Now we just give that, well, the cost of a car has gone up like 39%. How about wages? Don’t talk about that. But the rich have gotten richer, so that’s okay. The Wall Street Journal did an article, 1,135 billionaires in America. I launched a movement called Occupy Peace. Matter of fact, we’re having a peace rally up here in Kingston, New York. It could go to Occupy Peace on September 27th. We have Judge Napolitano, Scott Riter, Dennis Kucinich, Joe Lauria, Roger Waters is going to be doing a live screening anyway. We’re doing everything we can. Peace. You’re not allowed to talk about peace, and the billionaires don’t give a penny for peace.

Mike Maharrey: There’s no money in peace, right?

Gerald Celente: Because they’re pieces of crap. Then they’re smarter than us. Oh, that guy, Charlie Munger, that clown guy that died. It was a Buffett guy. Oh, he took all that money with him. He built a huge casket, right? I’m taking out money, Whitney. They don’t give a penny for peace. They don’t give a penny to increase the human spirit. And again, 1,135 billionaires as everybody else is getting poorer. And again, when you and I were young guys, there were things called grocery stores, hardware stores, stationary stores, drugstore, shoe stores, all gone chains, chain zone, everything. Oh, we are plantation workers of slavelandia, and give me your money. We’ve got to go to the military industrial complex. We only got a trillion dollar budget over there and we got to pay it off. I need your money.

Mike Maharrey: You mentioned the Wall Street Journal, and that got me thinking a little bit about media. And as our listeners know, we’ve had a tremendous run up in gold that really started about three weeks ago. And I noticed that watching the CNBC feed on X the day that gold really took off, it broke through $3,500 an ounce, and it was making that first big run that we saw. I didn’t see any stories come up on that C-N-B-C-X feed about gold other than one that was actually a Bitcoin story that mentioned gold. And why do you think that the media just ignores gold constantly unless they’re bad mouthing it.

Gerald Celente: Again, go back to the Wall Street Journal. $5 a day, not one, one word. Monday, Tuesday, or Wednesday about gold. Not one word.

Mike Maharrey: Yeah, same thing.

Gerald Celente: Why? And by the way, the trends journals $2 and 59 cents a week, over 200 pages, and you read from AI to high tech science geopolitics to economics. You read what you want. It’s a magazine. But anyway, we’re giving the people information and the reason they’re not doing it is because when gold prices go up, it’s telling you how everything else is going down geopolitically and economically. The facts are all there, but we’re not going to talk about that because we’re prostitutes. We are media whores that get paid to put out by our corporate pimps and government hall masters. So that’s what’s going on. Again, the guy from the Washington running the Washington Post, an English guy was just reported that he was advising Boris Johnson, the former prime minister of the UK, that clown Boris Johnson. Wait a minute, your media is not journalism anymore.

It’s gone. So they’re not telling the people what’s going on because of how bad things are. And again, you see the markets going up, all the magnificent seven. Oh, great. Yeah, wonderful. And again, you look at the P/E ratios, they’re way out of line. They’re way too high, and there’s going to be, we’re calling for a.com bus 2.0 and I call the first.com bust. It was in the trends journal, and it used to be a quarterly. Now it’s a weekly. In the autumn of 1999, we said it would bust by the second quarter of 2000. The same thing’s going to happen. Now in trend forecasting, it’s not what you like, what you want, what you wish for, it’s what ifs. Trends are born. They grow the mature, reach, old age, and die. The AI trend was only born three years ago. You don’t invest all your money in the infant industries of a new trend.

And that’s what they’ve done. All of these IPOs, the trillions that they’ve dumped into all these AI and that what happened, again, go back to January 28th. Now, this year we called for.com bus 2.0 when all of a sudden deep seek shows up. What’s a deep seek? Oh, they mean that AI company from China that said, we don’t need a hundred million dollars to do this. We did it with 6 million and we don’t need those big chips. We use smaller ones. Again, in tracking trends, you make connections between different fields. This was a T-shirt that I got done back in 1992 when Bill Clinton was running for office.

Mike Maharrey: Beware of Slick Willie. What a beautiful t-shirt,

Gerald Celente: Right? So this is the Slick Willie to get them jobs out of America, those manufacturing jobs, set ’em down to Mexico, they’re going to pay me off. I bullshit, and they give me $300,000 an hour. All right? Get rid of the jobs. It’s a payoff. A little clown boy of nothing that’s worth what? About $150 million?

Oh yeah. Send a job at nafta. Going back to ai, brought China into the World Trade Organization. Go back to China in the year 2000, only 25 years ago, 10% of Chinese 18 year olds went to college. They got into the World Trade organization. Manufacturers from the west flooded over there to get cheap labor, gave China all that heavy industry and high tech technology they never had. And now what? 70%, almost 70% of Chinese 18 year olds are going to college. What does that have to do with ai? Everything. Young people are totally high tech AI addicted. You got to go by the numbers. They got 1.4 billion people against 347 million. These are intelligent people. They’re going to lead the world in ai. And again, we write in the trends, journal the facts. The government’s pumping tons of money into it. AI is the future. Love it, hate it, want it.

It’s it. And China’s going to lead. So, they’ve overinvested in so many of these American companies. They’re going to go bust. They’re going to go bust. The facts are already there. The profits aren’t coming out. So that’s something to watch for. Now, when that happens, the markets crash. Gold prices spike, gold prices spike. Why else are they going up again? They’re going to lower interest rates. The lower interest rates go, the deeper the dollar falls, the deeper the dollar falls, the higher gold prices go up. This isn’t rocket science. Oh, how come? Oh, well, gold is dollar based, isn’t it? That makes it cheaper for other countries to buy gold, doesn’t it? Yeah. So that’s what we see. The dollar’s going to go down. It’s the death of the dollars on its way, and you’re going to come up with digital currencies, by the way. That’s the other thing. And you just saw that world was with the World Gold organization. One of them, they want to come out with a digital gold that’ll wipe out a lot of the cryptocurrencies because this is going to be a crypto that’s backed by gold rather than backed by nothing.

Mike Maharrey: Yeah, it’s very interesting. You mentioned the Fed and rate cuts. I think it’s pretty certain that they’re coming. In fact, I’ve read a few things today. Now they’re starting to talk about maybe 50 basis points. So I’m going to ask you a little bit of a loaded question. Should the Fed cut interest rates?

Gerald Celente: Some people say yes, some people say no. If you want to build up the economy, you got to cut the interest rates. If you want to keep the economy slow and keep inflation where it is, you keep interest rates high. So, that’s the choice. And the economy’s going down. So, it goes back to Trump. He’s interested in making dough. I mean, here, there’s a guy, I’m not making this up again, I’m a political atheist. I don’t believe in the whole thing.

And you go back to 2020, 21, 2020, 2021, Trump made fun of all the cryptos, Bitcoin’s, garbage. It’s junk. Not exact language, but that was his thing. It was killing the dollar. Hey, but now my family’s in it, so shut the hell up. All right? We like this stuff. So, you’re going to see Bitcoin going up because Trump [inaudible] the commerce secretary, the Trump team, they’re invested in this stuff, his sons, everybody. So that’s going to go up. So going back to Trump, he’s interested in money. Let’s go back to the facts. Let’s go back to 2018. Trump was president, the worst Dao in December, 2018 since the Great Depression. What did he do? He forced her own Powell to lower interest rates. And people say it’s separate. It’s one big club and you ain’t in it. As George Collins said, look at Ms. Fru who used to be the treasury secretary. Janet Yellen on the Biden. What was the previous job? Oh, she was a fed head. Wait a minute. The former Fed head is treasury Secretary. You got it. And by the way, here’s another T-shirt. If you go to Trends journal, just to show you the way I feel you could get this one.

Mike Maharrey: Hey politicians, who the F are you to tell me what to do? Very good question. In the back, the giant middle finger. I love it.

Gerald Celente: That’s who’s running the show. It’s a freak show and the freaks are in charge. Hey, I’m Jerome Powell. You know that when inflation was skyrocketing, you’re full of crap. It’s only temporary.

Mike Maharrey: Oh yeah. It’s “transitory” was the word they kept throwing out over and over again.

Gerald Celente: That was the second one. Transitory. And now let’s call it transgender to you can make up anything.

Mike Maharrey: Yeah. So I take it you’re not a believer in this whole, “Oh no. The Fed independence is being threatened.”

Gerald Celente: No.

Mike Maharrey: Yeah.

Gerald Celente: No. Again, the facts are there. I’ll tell you a quick story. I have a photograph of me and John Connolly. John Connolly was the Democratic governor of Texas that sat in front of JFK, that took the bullet in the back.

He wanted to meet me. This is one of my books, trend tracking far better than Megatrends Time magazine. I had forecast the new third party, 1989, and that someone like Ross Perot would be the person two weeks before the election. I’m down in Texas with Connolly. He wanted to meet me and we’re going back into the hotel. I’m making a very long story short. Remember this is the guy that took the bullet and back as a Democrat, governor of Texas. He said, I read your book. It’s a fine piece of work. He said, and I know your heart’s in the right place. He said, but you don’t have a clue what’s going on and neither do the American people, because if they did, there’d be a revolution in this country. This is also the John Connolly that was the treasury secretary of the Republican, Richard Nixon that took us off the gold standard. Alright? I thought the markets would crash in 2012. I was wrong. They didn’t teach me about zero interest rate policy or quantitative easing in economics. No 101 or graduate school, they’ll make up any crap. They want to keep this thing going digital. We’re going digital. They’re going to make up something. Hey, hey. Remember Trump said he was going to go to Fort Knox with Musk?

Mike Maharrey: I do.

Gerald Celente: What happened? Well, you can’t find your way over there. And what am I so stupid that you don’t already know what’s in there or what’s not in there.

Mike Maharrey: Yeah, I’ve been to Fort Knox before. I grew up in Kentucky, so I know exactly where it is. I can give ’em directions if they need ’em. It’s not hard. Oh, what a world we live in.

Gerald Celente: I went to the Kentucky Derby in 1969.

Mike Maharrey: Did you really?

Gerald Celente: Yeah. Sat right out in front. My girlfriend.

Mike Maharrey: Was that Secretariat?

Gerald Celente: What?

Mike Maharrey: Was that the year Secretariat won, or was that later?

Gerald Celente: I still have the glasses. I bought six of ’em. I have broken one. I have five left. Nice. They have all the past races on the back. But anyway, yeah.

Mike Maharrey: Alright, I’ve got one more question for you to get you out and then I’ll let you go. We’ve had this pretty robust gold market. We’ve seen the prices hit record after record, and yet if you look at the data, American investors have largely been on the sideline. It’s been driven by central banks, Asian investors, European investors to some degree. But if you look at physical gold buying here in the us, it’s actually down. Why do you think it is that American investors are kind of still on the sidelines given everything that’s going on?

Gerald Celente: Again, we went over the facts before. It’s not being reported in the media. Most people know nothing about it, and they think because you’re not getting money on what you’re buying, you’re not getting that. It’s not a good investment. It’s been like that forever. By the way, this is in my book, Trend Tracking. I started buying gold in 1978, 78 or 79. It was like $163 an ounce. The Iranian conflict started breaking out. People had no idea. The United States overthrow the democratically elected government of ADE in 1953 and bringing in the Shah and the SAK, the secret police that made the SS look good. They taught us to hate Iran just like they teaching us now. They taught us to hate the Russians and we were kids. They had us hiding under a disc in case Adam bomb went off. That was going to make a difference in your life.

Mike Maharrey: I did that!

Gerald Celente:Right? I was scared to hell. Every time I saw an airplane, I thought the Russian, we were going to drop a bomb. Anyway, I started buying gold futures back then. I’ve been following us. I put a $5,000 bet, I said I be golden. Oil will go up. And I brought a $10,000 bet up to almost three quarters of a million dollars by 1980. And then of course I’m a young guy and I lost most of it, but I started following gold. Then the average person doesn’t have a clue. Go to the Cartoon News Network, CNN. What’s the major story? Last week, Taylor Swift is getting engaged and marrying some guy, but I care less about

Go to the Wall Street Journal, big front page picture. Jeff Bezos getting married with the chick with fake boobs, but he could walk across a platform if you put it on. I got to know about this stuff. You ask me why people aren’t investing in it. They don’t have a clue what’s going on. So, when you’re looking at, again in tracking trends, you make connections between different fields. You said, why aren’t investors putting more money in gold? Because they don’t have a clue of the geopolitical crisis going on around the world. Again, take a look at Indonesia with the riots going on because people got no dough. Go down to Argentina. Look what just happened with the millet clown over there. Look what happened to the Argentinian currency. Look what happened to the stock markets. What’s going on in Turkey? Somalia? What’s a Somalia? Oh, we only bombed them 56 times. Don’t say anything. They couldn’t find it on a map. Look what just happened with Israel bombing Qatar. So the people you are asking me, why? Because they’re not making connections between different fields. People in other countries know more about geopolitics than Americans.

Mike Maharrey:I could not agree with you more. I guess myopia is probably the best word for it here in the United States. If it’s not right here, then it doesn’t really matter. And I love what you’re doing because you do connect those different dots and that you also have a time horizon that’s longer than like three minutes ago, which I think is another problem. People don’t have any sense of history, and so they can’t recognize patterns because they never learned the history in the first place.

Gerald Celente:You made a very good point because again, we’re tracking trends. It’s the understanding of where we are and how we got here to see where we’re going. So you made a perfect point. They don’t go to Harvard, go to Princeton, go to Yale. Nobody teaches trend forecasting. Maybe one or two, but they don’t know what they’re doing. Again, at bestselling books, trends 2000 trend tracking at this 45 years. But again, you’re not allowed to think outside the box. It’s not allowed. You’re only allowed to swallow the crap that comes out of the politicians of the mainstream media mouth. You ready for this?

Mike Maharrey:I am ready. Lay it on me.

Gerald Celente:Again, I’m having a peace rally. Judge Napolitano is going to be one of the speakers along with Joe Lauria, Dennis Kusinich, Scott Riter and others. I want Napolitano to run for president because nobody knows the Constitution more than him. And I said, this is about we the people, not you, the politicians. Remember there used to be a thing called public servants.

Mike Maharrey:I do.

Gerald Celente:They’re not public servants. We are the servants of the politicians. Now you ready for this? I took out the domain name yesterday. We the Peoples Party dot US. We The Peoples Party dot US. That domain name should have been gone since the internet revolution happened. That shows you the lack of concern of we the people that I was able to get. We the People’s Party US. And that’s the party for me. It’s not who the hell is some politician to tell me what to do?

Any one of your little clown boys out there that want to come over here and you make me do what you want me to do? Yeah. I’m little Andy Cuomo. I’m a daddy’s boy. A little spoiled, arrogant clown, locked down your house. We are fighting the COVID War. Close down your business. Hey, but Walmart, you could stay open. All your big guys could stay open. Open. I get your money. You right? Yeah. Don’t forget to wear that mask. Oh, the mask that says on the box, these masks do not eliminate exposure to the risk of any disease or infection. Oh, hey. And remember, before you masturbate, you better sanitize your hands. Oh. And when you go in a restaurant, you better wear that mask. But when you sit down, you can take it off and eat. You know why? Because COVID knows that you’re eating and it won’t bother you and it doesn’t go down to table length. I could go on and on and on and on and on about the arrogance of these politicians and how many people follow their orders. Stupid garbage crap against the facts reality. I only write the facts here. I’ll give you another fact. They call it a pandemic. Everybody calls it a pandemic. The World Health Organization called it a pandemic on March 11th, 2000 in 20 when the grand total of 4,290 people died out of 8 billion.

Mike Maharrey:Yep. It is a crazy, crazy world we live in. But thank goodness we have a Gerald Celente out there giving us the facts and the truth. So, to wrap up, let people know where they can find your trends forecasting and avail themselves of this information so they’re not ignorant like the rest of the world.

Gerald Celente: TrendsJournal.com, trends-journal-dot-com. We’re doing our best to give people history before it happens and to help them prepare, prevail and prosper these times ahead. Again, we don’t give financial advice, but we are very bullish on gold. And we could see gold breaking possibly $5,000 an ounce before the end of the year. And the worst is yet to come again. What people don’t realize, again, tracking trends is the understanding of how we got here, where we are to see where we’re going. And the COVID war. I thought everything would crash when they locked everything down. I didn’t know that they would bring interest rates down to zero and pump in trillions of dollars of fake money backed by nothing and printed on nothing.

Mike Maharrey: $5 trillion almost.

Gerald Celente: It’s crazy.

Mike Maharrey: Well, folks avail yourself to that. I got a copy of the Trends Journal and was looking through it. It’s not only a lot of information, it’s beautifully done. It’s bright. There’s a lot of good graphics in it. It’s really a fantastic, fantastic publication. So, everybody go check that out. And Gerald, I really, really thank you for taking time out of your busy day to chat with me. And I appreciate you and I appreciate the way you, I like your no nonsense attitude. It’s very refreshing in this day and age.

Gerald Celente: Well, thank you. And thank you, Mike for all you’re doing. I’m a lucky guy. I’m born right after the war, 1946 in the Bronx, an Napolitano from the Bronx. It’s a whole different shipman. You were there to be free, to be yourself. Don’t tell me what to do. I won’t tell you what to do. And it was a blessed time, the spirit of my parents and aunts and uncles after the war and the kindness and love and affection. And I’m a blessed guy.

Mike Maharrey: Well, that’s outstanding and I am blessed as well. And again, I really appreciate you and we’ll have you back on again For sure. I love getting this big picture insight. It’s something that you don’t get very many places and it’s more than necessary. So thank you so much.

Gerald Celente: Well, thank you.