Gerald Celente: “The Federal Reserve has no other cards to play. You are seeing it in the polling from major economists around the world not having faith in what the European Central Bank is going to do. It’s one big con game and there is nothing left….
“What are they going to do? They have nothing. So when does the confidence game end? We think it’s coming soon because the con men have no more tricks up their sleeves to woo the crowds.
In the meantime it’s collapsing right in front of everyone’s eyes. For example, up in Canada shipments of crude oil dropped 10 percent in November — the biggest decline in almost 3 years. The value of energy exports has dropped for six straight months, triggering a November trade deficit of $644 million — more than triple the median forecast.
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