CELENTE: Trends Journal's Gold Forecast Continues to Shine

As we say, “Opportunity misses those who view the world through the eyes of their profession."

NOTE TO READERS: This article and dozens of others appeared in this week’s issue of The Trends Journal. Consider subscribing here.

Not a peep from the Presstitutes—media whores who get paid to put out by their Corporate Pimps and Government Whore Masters—that gold prices keep hitting record highs. 

On this Tuesday, 22 October 2024, gold prices hit a new high, closing at $2,748 per ounce. 

Since the start of this year, when we had forecast as one of our Top Trends for 2024 that this would be A Golden Year for Gold …. gold prices have spiked over $700 per ounce.

Why are the Presstitutes silent on gold spiking and why have they totally ignored our Golden Year for Gold trend forecast, despite the world’s major media getting our press releases?

RITTER TALKS ABOUT APPARENT U.S. LEAK ON ISRAEL’S ATTACK PLAN FOR IRAN

Because gold is the world’s #1 safe-haven asset, and those in the “know,” know the dire and dangerous socioeconomic and geopolitical trends that are shaping the future. 

On the economic side, on why central banks and individuals are investing in gold, how about the massive $100 trillion in global government debt that just keeps rising… as political money junkies keep pumping in countless trillions of fake money, backed by nothing and printed on nothing to juice up failing economies! 

In the U.S., the world’s largest economy, for the fiscal year up until September, the Treasury Department shelled out $882 billion in interest payments alone… which adds up to $2.4 billion per day.

And regardless of who wins the race to the White House next month, according to the Committee for a Responsible Federal Budget, Kamala Harris’s economic scam would increase the debt by $3.5 trillion over a decade, while Trump’s would more than double Harris’s, soaring to $7.5 trillion.

And as we note in this and previous Trends Journals, nations’ debt-to-GDP ratios keep rising as economies, such as China, Germany, France, etc., keep getting downgraded… as is Israel’s.

Yes, Israel, which for all to see is playing the wild card of horrific wars and driving up gold prices.

A year ago, following Hamas’s 7 October attack that killed some 1,100 Israelis, Israeli Prime Minister Benjamin Netanyahu launched a major genocidal war in Gaza under the guise that they were going to eliminate Hamas. Since then, depending on whose numbers are correct, at least 100,000 Palestinians have been killed, another 100,000 plus seriously wounded, and about 11,000 missing… buried in rubble.

And now, making a horrible geopolitical situation much worse, is Israel’s new Lebanon war. At first, it was all about killing the Hezbollah enemies in charge, then it went to selling the line that they were bombing Beirut and all other places and buildings because Hezbollah forces are hiding in them and/or businesses are supporting and financing them. 

Escalating the Middle East tensions, today, making his eleventh visit to Israel since the Israel War began, U.S. Secretary of State Antony Blinken arrived in Israel apparently to agree on how and when Israel will attack Iran… in retaliation for Iran’s 1 October ballistic missile strike on Israel that was in retaliation for Israel’s killing Hezbollah’s leader, Hassan Nasrallah, the death of Hamas leader Ismail Haniyeh, killed in Tehran in July, and the slaughter of an Iranian military commander.

The Times of Israel reported that at their meeting “Netanyahu raised ‘the need for both countries to join forces against’ Tehran and thanked Blinken for the support of the US ‘in the fight against Iran’s axis of evil and terrorism.’”

Matthew Miller, the U.S. mouthpiece for the State Department, said Netanyahu and Blinken “discussed the need to deter further regional aggression from Iran and its proxies, and that “Blinken ‘reaffirmed the United States’ ironclad commitment to Israel’s security.”

TREND FORECAST: As we say, “Opportunity misses those who view the world through the eyes of their profession. Not a word in the business media, and hardly a mention of it in the general media, about the ramping up of the Israel War and what it will mean to equities, economies, and the world at large. 

And go to Bloomberg, CNBC, Market Watch, etc., and nothing in the headline articles about gold prices spiking and closing the day out at a new 2,748 per ounce high.

Of course, there is also the Ukraine War that we forecast Kyiv will escalate as they keep losing battles with Russia… while Moscow bombs their electrical infrastructure to ruins. And as we have warned, and last week’s Trends Journal cover illustrates, watch out for an October Surprise… that will mean more war… that will drive up gold prices to new heights.