GREATEST DEPRESSION MAY BEGIN NOW! -Gerald Celente

He treats slogans as the first tell that the public is being managed.

Then he went to the tape:

Brent crude around $105 a barrel.
Average United States gasoline about $4.27 a gallon versus $2.92 before the fighting started in late February.
Diesel almost $6 dollars a gallon after sitting near $3.81.

The European Central Bank raising rates into a slowing economy. “Inflation is going up. You’re raising interest rates, so you’ll slow it down even more!”

Then he turned on Treasury Secretary Scott Bessent:
 “Look at this guy Bessent. This arrogant clown. The former Soros guy that’s the Treasury Secretary. Hey, we’re buying US bonds. Yeah. Yeah. We’re going to buy them. Oh, that made a difference here!  You ready? The 30-year Treasury is at 5.35%, the highest level since 2007.
Oh, what happened in 2008? Oh, the panic of 08.”

Celente reminded viewers that Trends Journal registered the domain name for that panic in 2007.
He wants the rhyme heard.

“This is the most serious time of my lifetime. And I’m the same age as Trump. He got me by a couple of months. I won’t be 80 until November. This is the most serious time of our lifetime.”

Celente may be nearly 80, but he was absolutely ON FIRE. 

He framed the Iran fight as two men imposing a bill on the planet. 
Celente is concerned the Iran war may go nuclear.

He mocked campaign peace talk against wartime oil talk.
“Hey, oil gas prices are going to go down after the midterms. Who you talking to? I’m talking to a bunch of morons that swallow crap.”

For metals people the next block is the one that matters on SilverTrade:
Celente said precious metals are getting hit because yields are so high. Paper coupons look shiny when the 30 year is screaming.
“I’m getting 5 point something percent on my yield on my bonds.”

He called that a Treasury game, not a new monetary truth. “But this is only temporary. As inflation goes higher, precious metals should be going higher. It’s only this treasury game that’s changing it, nothing else.”

He noted official and national sellers such as Russia and Turkey moving gold, then asked the only question that counts.
“Who’s buying it? The United States isn’t buying it. China’s buying it.”

From there he drew the century line. “The 20th century was the American century, but the 21st century is going to be the Chinese century because the business of America is war and the business of China is business.”

On markets he sees a second .com bust forming in United States in the AI sector while China leads in actual use, clean energy, batteries, and EVs. American media, he said, barely covers it.

Chinese exports already topped 1.2 trillion last year and are headed higher. That is his setup for the oldest Celente law in the book:
 “When all else fails, they take you to war.”

Main Street is already there, in his telling. Billionaires own trillions. Wages lag real prices. Official inflation is “made up.”

Lindau tied diesel to food and freight. Celente piled on the social wreckage from the Covid years. He calls his Hudson Valley “death valley.” Streets empty at 9. Restaurants close earlier. Young people are “high tech AI addicted,” cannot afford a night out, and vape at home. Restaurant owners he knows say business is down about 30 percent. Chains keep dying. August home sales fell in a month that should be strong because mortgage rates followed Treasury yields higher. First time buyers were about 40 percent before the Covid war. Now about 28 percent. Young adults move back in with parents.
“Once upon a time… the kids were paying for the parents and now it’s the other way around.”

AI, he said, will wipe out still more of those jobs. “It’s the future. Love it, hate it, want it, don’t want it.”

Put it together the way a SilverTrade reader has to. Celente is not arguing that gold and silver have stopped working. He is arguing that a bond spike and a war premium can knock the metals around while the real story gets worse: dragflation, a failing consumer, an AI bubble, a Treasury market that buybacks did not tame, and a political class that chooses bombs when the economy sours.

Yields can steal the headline for a season. Inflation, war freight, and a broken wage base are why he still expects the metals to reassert.