Audio Interview Celente: $100 Barrel Oil Would Be Tipping Point for Global Economy
Audio Interview Celente: $100 Barrel Oil Would Be Tipping Point for Global Economy from King World News
Today the top trends forecaster in the world, Gerald Celente, warned King World News that this powder keg that is ready to explode may crash the global economy and markets.
A Powder Keg That Is Ready To Explode
September 29 (King World News) – Gerald Celente: “We are looking at a powder keg in the Middle East that’s ready to explode. And if oil prices pierce $100 a barrel, we are going to see a global economic collapse and an equity market collapse.
We already have rising interest rates. Look at home sales going down and look at the people lowering the price of their homes. These are facts. Look at the price of gas if you live in California. Some places it costs $4 a gallon. On average gas is in the $3.60s…