Economist’s “News and Views” Tuesday 1-9-2024

10/01/2024

Death of the Dollar Ushers in; Gold to Skyrocket in 2024 Says Gerald Celente

ITM Trading: 1-8-2024

“This is going to be the year for gold,” predicts Gerald Celente, trend forecaster, and publisher of the Trends Journal, in the second part of our interview.

He tells our Daniela Cambone that while gold is projected to climb uphill and reach above $3,000 an ounce in 2024, the U.S. dollar is expected to decline. “This is also going to be the beginning of the death of the dollar… this marks the end of the American empire,” warns Celente, as China, Russia, and BRICS countries have embraced de-dollarization.

He also points out that this trend is already happening “in front of everybody’s eyes.” Celente passionately calls for a “Renaissance” to save the U.S. from decay.

“You go in an airplane and look at what the people look like. Look at the people; you have your pajamas on. You know what I mean? It’s the decline of society,” he exclaims. Lastly, he urges people to take action in the New Year. Watch the video to learn more.

CHAPTERS:

00:00 Gold/US dollar in 2024

3:50 BRICS

5:54 Decay of society

8:52 Concluding words

https://youtube.com/watch?v=2wsPBBjvcu0%3Ffeature%3Doembed%26enablejsapi%3D1

Economist Steve Hanke: How To Survive 2024’s Economic Storm

David Lin: 1-9-2024

Despite a strong jobs report in December, a recession in 2024 is still inevitable, according to Steve Hanke, Professor of Applied Economics at Johns Hopkins University.

0:00 – Intro

2:00 – Jobs market

17:00 – Fed monetary policy

24:25 – Assets that survive recessions

28:15 – Interest rate and the money supply

30:55 – Geopolitical risks