Today top trends forecaster Gerald Celente spoke with King World News what he called, “the story of the 21st century.” He also discussed gold at length, and stated, “…it’s rigged (the gold market). Again, go back to the LIBOR scandal, they were lying about the severity of the crisis by rigging the numbers.” Celente is the founder of Trends Research, and the man many consider to be the top trends forecaster in the world. Here is what Celente had to say: “Eric, the big news is the formation of a European Central Bank, in the same fashion as the United States central bank. Of course there’s the ECB now, but what’s really going on now, it’s not about bailing out the banks of Spain, Greece, Italy, Ireland or Portugal, no, that’s not what that last G-20 meeting was all about.”
“So you see it’s a big camouflage because what they are doing now is they are forming a central bank in Brussels. All of the countries are going to be losing their banking sovereignty, just like they’ve lost it in the United States. They are all under the thumb of the central bank.
Then you go look at what’s happened over there in the UK with the LIBOR scandal that just happened. You know what that means? Well, it just affects a couple of billion people. Everybody with auto loans, mortgages, etc..
Now we find out that the whole thing is a rigged game, which I’ve been saying for years….
“It’s a rigged game. What people don’t realize is the banks have taken over the world. It’s as simple as that. The financial crime syndicate is in charge.
Actually (these are) the words of Rothschild, which he wrote some 200 years ago, “The few who understand the system, will either be so interested in its profits, or so dependent on its favors that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantages…will bear its burden without complaint, and perhaps without suspecting that the system is inimical (harmful) to their best interests.”
He hit it right on the head. He knew it. The people have become vassals to the bankers, but they still like to call it freedom and democracy. It’s a takeover. The central banks in Europe are now being established in Brussels. All of the nations are losing their sovereignty, the same way we have lost our sovereignty in the United States”.
Here is a portion of what Celente had to say regarding gold: “Not only are the Chinese (buying gold), but so are (other) central banks. There are a number of central banks around the world that are buying gold. And, again, it’s manipulated. In India they are making it more and more difficult to buy gold, and that’s one of the heaviest gold buying countries in the world. The whole game is rigged, how much more proof do people need?
Of course it’s rigged (the gold market). Again, go back to the LIBOR scandal, they were lying about the severity of the crisis by rigging the numbers. If you or I did this it would be criminal activity.”
Celente also added: “It’s a global slowdown. In the last week, China, they announced interest rate cuts, the ECB announced interest rate cuts, India announced more stimulus, the UK announced more stimulus and bond buying. This whole thing is collapsing, that’s why I’m in gold.
The way I see it is the criminal gang that’s running the show can’t keep it from collapsing. This LIBOR story should be the story of the 21st century. Everyone on the planet was affected by this criminal activity.”