Summary
→ Gerald Salenti, with his 44 years of knowing about economic trends, talked about them on January 11, 2024.
→ What’s happening in the economy now? Well, markets are doing okay. Gold costs about $2030. Oil is a bit less than $80 but might go up because of a possible crisis near the Red Sea, in the Middle East, and in Iran and Israel.
→ Bitcoin’s value went up a lot, mainly because they started using something called exchange-traded funds.
→ The U.S. spent more money than it earned, making a deficit of half a trillion dollars in the first part of the year. The country’s total debt is now around $34 trillion.
→ There’s a crisis in the Red Sea. It’s making it more expensive to send goods around the world and making it hard for the U.S. to keep prices stable.
→ Big issues in the world right now include problems between the United States, Russia, and the UK. There’s also a captured oil tanker and worries about a big war.
→ Europe’s economy isn’t doing well, partly because of the long-lasting effects of COVID-19.
→ Argentina’s prices are rising super fast, by 211%! And the EU has to pay 450 euros for empty offices in London because of Brexit.
→ There’s a big problem with office buildings not being used. This could soon cause big trouble for banks.
→ Larger companies are buying smaller ones, which is creating big monopolies in many business areas.
→ About 1 in 4 people who rent their homes are having a tough time. This shows that many people are still facing money problems.
Transcript
Hello, everybody. This is Gerald Salenti, and it’s Thursday, January 11, 2024. And here are some of today’s trends in the news. And remember, it’s the only place, anywhere, any place that you get trends in the news because the trend is your friend and we’re giving it to you like nobody else because they don’t know how to do it. Again, trend tracking far better than megatrends. Time magazine trends 2000 international bestseller.
So when I say they don’t know how to do it, they don’t teach it at Harvard, they don’t teach it at Princeton, they don’t teach it at Yale. They don’t teach it anywhere because they don’t know how to teach it. So we’re giving it to you because we want to help you prepare, prevail and prosper in these times ahead. And these are the rockiest times that I’ve ever seen in my 44 years of trend forecasting.
So now on the economic front, the markets are a little bit flat kind of thing. Gold still hanging in that 2030 range. Oil went up today a little bit, but it’s still below $80 a barrel. Brent crude. They’re worried about what’s going over there in the Red Sea, and they’re worried about what’s going on over there in Iran and Yemen. And they’re changing their course and bringing over the products because the shippers don’t want to go through there.
So that brought oil prices up a little bit. And bitcoin had a big hit up, came down a little bit, but it’s still way up there because now you got those ETFs exchange-traded funds. So we’re very bullish on bitcoin. Have been, say, when it went up, said when it went down and what the breakout points were. And now this breakout point could keep breaking out big. Well, Jamie Dimon says the opposite.
We’re going the other way. And what else? It’s a shit show, that’s what else. Us deficit tops half trillion dollars in the first quarter of fiscal year. Yep. The US government ran up another half trillion dollars in red ink in the first quarter. The Treasury Department. Oh, Treasury Department. Hey, look who’s running the Treasury Department. Ms. Fatjabrut. Janet Yellen. What was the last job? Oh, fedhead. Yeah. Listen to everything that they tell you because if you listen to everything they tell you, then you like just saying that if the current pace continues, 2024 will end with a deficit of just more than $2 trillion.
Remember, we got a $34 trillion, $34 trillion debt load. Who the fuck could be in business? Who could run a business being with this kind of percentage in debt? Hey, don’t you know we are. We’re the bankster gangsters. Screw you. We’re going to keep the fraud going and do everything we can to push the markets up and make the bigs bigger. Because we’re in charge. We own everything.
You’re just a piece of crap. Red sea crisis could jeopardize inflation fight as shipping costs spike globally. The CNBC Red Sea crisis is now having a significant impact. Further afield of shipping costs between Asia and the United States. Spiking shipping rates from North America. Excuse me, from North Asia to the US east coast have jumped 137%. Yes. Wars do it, man. And we pay for it. All this plantation workers are slave Landia.
Yeah. Look what those scumbags did. Oh, remember? Bullshit, Biden. Oh, yeah. Putin will pay for this when they put sanctions on Russia and oil and gas prices spiked. Nah, nah, Putin didn’t pay for it. Hey, all you folks over there in Europe, you really paid for it. I’ll be folks. Folks. Yeah, folk. You. Yeah. Swallow my shit. I’m a nobody. But you love nobodies. Hey, you’re nobody, though.
Somebody loves you. Yep. Look at the nobodies running the fucking freak show. Look at that. Look at, look at. Over there in France with Macron, the catson, he brought this 34 year old little nothing piece of shit. Oh, but he’s gay. Oh, I’m so happy. Are you gay? No. You can’t say gay is happy anymore. Look at the fucking freak show. Yep. Political dickheads in charge. So Iran seizes oil tanker linked to us sanctions dispute.
Wall Street Journal, today the tanker was being diverted to iranian waters after it was seized between the coast of Oman and Iran. Maritime intelligence, intelligence. They’re all fucking intelligence. They’re officials. We’re intelligence. I love. I’m a minister of. Minister Defense. What are shit names? All right. The vessel was previously commandeered by the States. Oh, so Iran’s not allowed to take back the vessel that the United States stole from them? No, we’re the United States.
We could kill anybody we want, all over the world. And Israel is on our side. Same thing, same game. Yep. Same crime syndicate. The US is now considering targeting land based houthi positions in Yemen in response to this. And now the UK. That guy, Sudak Sundak. Shits show. Yep. What the fuck is the United States and the UK? Never sets on the British Empire. We slaughtered people all over the world.
Only killed about 400 million in India when we took over, according to the data, for all the shit that they did to them, this thing is ramping up. It’s one of your top trends for 2024. World War Three. Got it. It’s ramping up. Eurozone likely in recession. ECB. No fucking shit. No shit. We only been saying this for how long? No, it’s not coming back. They destroyed the fucking globe with their three years of COVID war.
It was going down before this. Go back to 2019. I know, that’s ancient history. The COVID war began on Chinese Lunar New year, January 2020, the year of the rat. So just before that, the biggest economy in Europe and the fourth largest in the world, a place called Germany, was in that far away from recession. Before the COVID war started. They artificially propped up everything with all the fucking cheap money when they locked down everything.
Totally fraud. Everything should have crashed when they locked down everything. And now we’re paying the price and it’s going to get a lot worse. Yep. Yeah. The ECB vice president Louis Duba Bibba said it’s disappointing. The slowdown in activity appears to be broad based. You know, fucking. No, no. Well, they’re saying it now. It’s official because it’s coming out of the mouth of official pieces of shit. German industrial output misses expectations.
No fucking shit. Blow me away. You ready? Argentina surpasses Venezuela with 211% inflation rate. And that guy, that mealy mouth, whatever, this guy that they love over there. Yeah, he only devalued the peso by 54%. Can’t understand why this is happening. EU faces 450 euro post Brexit bill on empty offices in London. No shit. We’ve only been saying the office building bust. For how long? For how long? And nearly a fifth of office space sits vacant, highest on record.
Wall Street Journal. And not one mention of our top trend. We called the office building bust last year, but we called this actually three years ago. We said it would become official this year, which it did last year. But now, how about one of your top trends for 2024? Banks go bust. Yeah, they’re not talking one sentence about that. We’re going to have a banking crisis that’s going to make the last ones that happened in March of 2023 look like nothing.
Silicon con man, bank, First Republic. Again, it’s in your trends. Top trends for 2024. And by the way, check me out. I was on with Ron Paul yesterday. You got to go to his site. I love being on with him. And redacted news. I was on with them and we’re talking more and more about the top trends. And by the way, there’s nobody I respect more than Dr.
Ron Paul. That’s the last person I voted for for president. I vote for lesser of two evils. Yeah. How about. That’s like saying you’re almost fucking pregnant. How can you be so stupid to vote? There’s no such thing as a lesser of two evils. Evil is evil, and they’re the repulsive kins and demo craps. The crime syndicate running the country. The C-U-N-T countries. That’s the way you spell it.
Cuntr. The O-C-O-U-N. Yeah, I forgot. HPE agrees. $14 billion juniper deal. The virus nears deal to acquire maker of heart drug merit. To buy immune therapy. Maker Hpe talks to buy Juniper. Blah, blah, blah, blah. Johnson and Johnson strikes deal. Two point billion dollar cash with ambrex. Bobby O’Farmer, Accenture’s creative service unit. To buy work, a digital design firm. GSK buys alios for biotech. I’m mentioning this because the bigs are buying everything they own.
Everything. All we are are plantation workers of slave Landia. Got it. Paying rent. Talking about slave Landia, still a problem for 25% of renters. Don’t worry about it. Get a job at Walmart. Hey, go work at Amazon. Hey. Target. Get nothing. Yes. Rental firm Hertz Global holdings is selling about 20,000 electric vehicles. Blow me away. What’s one of your top trends for 2024? Ev fu? Yes, we warned about this.
This is the news today. Your top trends came out on January 3 or January 2, and then on to the Iran war. That bullshit, Blinken. Hamas could have ended this on October eigth. This is from the Tehran News. What we do when something’s breaking out, we go to the news sources of the countries involved. We want to hear what everybody’s saying, not one side. So we go to the Irna isna in Tehran news to hear what they’re saying in Iran.
We go to Al Jazeera to get that perspective. We go to the Times of Israel. We go to Jerusalem Post Ahads want to know what they’re saying. So now, this is the way Tehran news says it. And again, the motto of the Trends journal is think for yourself. Hamas could have ended this on October eighth by not hiding behind civilians. Bullshit. No fucking bullshit. You’re blowing the fucking place apart and blaming it on Hamas.
Hiding with civilians. Like you saw the fucking bullshit that they were hiding in schools and hospitals and mosques and churches when it was all. Nothing more than, yeah, but it’s blinking. Blinking bullshit. I went to Harvard. I went to Dalton. My daddy was an ambassador, and so is my uncle. I’m a member of the club. And you’re just a piece of shit, Solenti. You’re a guinea born in the Bronx.
You don’t mean anything. We’re in charge. We couldn’t fight our way out of a fucking paper bag. But we got the guys to blow your brains out, so you better watch out. Hamas could have ended this on October eigth by not hiding behind civilians, by putting down its weapons, by surrendering and releasing the hostages. None of the suffering. None of the suffering would have happened if Hamas hadn’t done.
Did what it did on October 7 and had made a difference decisions thereafter. So it’s very important to keep that in perspective. Then they go on to say Blinken purposely omitted a crucial historical fact. The strife between Palestinians and Zionists did not ignite on October 7, 2023, but rather in 1948, when Israelis instigated widespread killings and coerced the displacement of Palestinians from their ancestral lands. He failed to acknowledge that the October 7 operation by the hamash resistance group was, in essence, a response to 75 years of oppression under a regime that had numerous international bodies, including the United nations, labeling it as apartheid.
And again, he goes on to say that we consider, you know, it’s terrible. Nobody talks about this. Nobody. Not in the news, nowhere. Blinken slammed South Africa’s genocide case against Israel as meritless and galling. When he went to Israel to meet Netanyahu, you know what he said? I’m jewish. And I’m the secretary of state. What the fuck do I care if you’re jewish? This has nothing to do with religion.
Oh, yes, it is. A religious wife. Forgot. How about you say, I’m an American? I don’t say, I’m an Italian. I’m an American. I’m secretary of state. The rest of you are just pieces of shit. I’ll tell you what to do. What else? American intel officials warn of risk of Hezbollah attacking us. That’s the latest coming out. What did we tell you, major? False flag. That’s going to get America into the war.
And all the little people will march off, just as they did with little Georgie Bush swallowing the bullshit, coming out of a little piece of shit with a pecker. Smaller than that, a little daddy’s boy born on third base and thought he had a home run. We’re going to get that guy with solve been alive and dead or alive. Look what he do with 911. Yeah. Bullshit. What else? Britain is expected to join the United States in conducting overnight strikes.
Yep. Great. And then that guy Austin, that Lloyd Austin, how Austin kept nearly everyone in the dark for days in January. Most of Washington, including President Biden, didn’t know who was running the Pentagon. He was rushed to Walter Reed national. I’m only mentioning this because Austin did it. You know why? I’m a general. I’m a general. You’re just a bunch of privates. I’m a general. I’ll tell you what to do.
You got it. That’s the attitude of the guy whose last job was sitting on the board of directors of Raytheon, the second largest defense contractor in the United States. And that’s what you got. Oh, there’s a great article. The Wall Street Journal. Big article. Ready? Doom battle tells story of stalled war route of elite ukrainian forces shows counter offensive steep ods. The planners of Ukraine’s counter offensive against the country Russia invaders last year envision the elite forces.
Elite forces. This is the kind of bullshit they say, oh, counter offensive. That was a failure. That we said would be a failure. Don’t count on the counter offensive. One of your covers of the trends journal. And now they’re finally admitting it after all this time, after they sold the bullshit over and over and over of how the counter offensive was going to happen. The spring counter offenses that just began, like at the end of the end of spring and just about the beginning of summer.
And going back to, by the way, that guy, Lloyd Austin. There’s an article. The self reinforcing quality of corporate lobbying has increasingly come to overwhelm every other potentially countervailing force by Guy named Lee Drutman. Something is out of balance in Washington. Corporations now spend $2. 6 billion a year on reported lobbying expenditures. Isn’t that great? And we got a lot more. Oh, wait. This is big news. That guy, Chris Christie.
Chris Christie exits race. Yeah, they have a door big enough for him to get out of. What a fucking joke that he was even running. Only going to Ukraine to give support. And again, a slob that couldn’t fight his way out of a paper bag loves war. These are the shitheads running the show. So listen, we’re doing everything we can to support you. Remember, hit the subscribe button.
Let’s get the word out over here so you get the messages that we’re coming on. So you know that. Keep passing the word. And you want to subscribe to the Trends Journal, you go to trendsjournal. com, trendsjournal. com we’re giving you what nobody in the world has given you, history before it happens. So thanks for tuning in. Don’t forget the interview I did yesterday with Judge Napolitano Celentian.
The judge thanks. See you soon. The Trends Journal, the best investment you could make because it’s the best investment into your mind, and it can change how you look at the world. His work is actually a gold mine. Anybody interested in politics, political trends, economic trends, social trends, cultural trends, you have to follow him. Gerald Celente, the Trends Journal is one of the greatest sources of information, and it really is.
You’re predicting these things well ahead of time. I would encourage everyone to go grab the latest copy. Journal subscriber for 20 years, I just have to commend you what you guys have put together in your latest trends journal. There’s nothing like this out there, sir. Everything that you predicted about the economy, you are absolutely right. So I have followed you all this time. So please take a look at the trends journal.
You correctly forecast that the Fed would hike rates quite aggressively, correctly said that initially gold and silver would drop as the Fed starts to raise rate to one and a half percent and above. When we spoke last bitcoin was around 49,000. You said you expect to drop, and if it drops below 30, 35, then it could really drop. Trends Journal, which I would encourage people to go and check out.
It’s actually a 200 page document, pure data driven analysis. Gerald Celente, the top trends forecaster in the world. Gerald, you had an interesting call back in September of last year. You said gold had bottomed, which is exactly what happened. And here we are, and we’re above $1,900. Subscribe to the Trends Journal. Read history before it happened@trendsjournal. com. You. .