Hello, everybody, this is Gerald Celenti. And it’s Thursday, October 10 20 24. 10 10 20 24. Oh, what does that mean, 1010? Anyway, onto the markets. Well, it’s kind of flat today. And oil prices went up because more fear about the ramping up of the Israel war and more and more talks about attacking Iran. And as we’ve been saying now since one of our top trends for 2023, long forgotten, which the mainstream media will never talk about, is our trend forecast that 2023 was the beginning of a Middle east meltdown and now it’s melting down big time.

The Israel ramping up the war against Lebanon, bombs away over Syria. And more and more talk from the United States and Israel about attacking Iran. So oil prices went up in gold. That’s around 6000. What is it? $629 again, almost up $600 from when we made our top trend forecast. A golden year for gold. And crypto is hanging around that 60,000 mark. It’s still strong territory at this point. We still see a stronger upside than a downside. And yeah, I got to tell you, the downside of gold has not been big at all. And usually you have these big fluctuations.

It just hasn’t happened yet. And so that’s very positive for gold. And then they had, the inflation numbers came out and they’re saying that it’s better than they thought. The consumer price index was up 2.4% last month from 2023 of September and it’s down 0.1% from August. But when you look at the numbers, for example, a lot of what brought it down was oil prices. Oil prices went way down and now they’re going way back up. But you know, you look at it, example, egg prices rose by more than 8% from August to September and they’re up 40% eggs from September 2023.

And you’ll look at, you know, other things like price for motor vehicle insurance increased from August to September only 1.2%. But from last to September it’s up 16%. So these inflation numbers are nothing more than government. Yeah, it’s not reality. Prices have gone up and now they’re saying they’re not going up as fast. But look what they are. You know, the, again, you look at automobiles, you know, the prices of them have gone up, but what they’ve gone up a little bit. Gasoline prices declined. Where do they have the automobile inflation has pulled back significantly from the pandemic era peak of 9.1%.

Yeah, but it went up and things aren’t going down and it’s all there for everybody to see. So that’s it. I mean, inflation numbers are down, but prices are still way up. Like the average price of a car now is almost $50,000 and you’re looking at your median household income and that’s like more than two people working. Two or more people working. It’s only about $75,000. So yeah, the prices aren’t going up as fast as they were back when they pumped all that cheap money to fight the COVID war. But prices haven’t gone down. In reality.

Chinese stocks plunge on stimulus doubts. Again, we have a whole section in your trends journal, spotlight on China, what this means. You’re looking at China’s housing market. It’s oversupplied by 60 million units, according to Bloomberg economic estimates. 60 million extra units. Again with all booms, there’s a bust. And China’s boom began when they got into the World Trade Organization. Brought to you bye slick Willie Clinton. That was one of my t shirts back in 1992. And with all booms, the house every boomed because all the companies leaving America going over there to get cheap labor, to get stuff made.

So all booms, there’s a bust. But they made a bad situation very worse with three years of zero COVID policy. So the markets are just artificially propped up and the economic growth is going to be not what it was and it’s going to hurt a lot of the luxury product markets. That’s big and also the exports from Europe going into China and that’s going to get worse because they’re ramping up the trade war. They’re putting all these, again, greed, disagree. Like it, don’t like it. That’s not what we do. We say what is. And as for the trade war, then putting all these trade sanctions on China, China is retaliating.

China steps up trade war with EU by imposing brandy tariffs. China will impose provisional anti dumping measures on EU brandy imports. Escalating the trade war again. This is just the beginning. Again, payback’s a bitch. So the markets are artificially propped up. Things are going to get worse because Germany revises economic forecast predicts resection in 2024. No shit. How long have we been writing about this in the magazine? And what’s so important is Germany is the largest economy in Europe and the third largest in the world. And talking about what’s going on in China. They used to export a lot of products, particularly automobiles, before the EV craze began in China.

And a load of luxury items which are way down in sales because the chinese people have gone broke because of three years of zero COVID policy that destroyed the lives and livelihoods of hundreds of millions. So what does it mean? In the United States, credit card balances have become costlier. The average credit card interest rate is 21.5% in May. And that nice. Hey, the mafia, the mafia, they’re terrible. Hey, the mafia, you don’t want the mafia of the mafia. You mean the banksters? 22% almost average. They go up to way higher. It’s a crime syndicate. And what did they get? The average balance that people carry was around $6,300 in the second quarter, up 31% from the same period in 2021.

Is that nice? Yep. Mobster gang. Oh, you see that TD bank, they got fine, $3 billion or something for doing drug. Letting drug money go through. But nobody goes to jail. But you go to jail if you go 5 miles over the speed limit and they pull you over. Yeah, we drunk driving you zero, 0.1 over there. But a Jamie Dimon, five, JP Morgan Chase, five felonies, they don’t go to jail. The TD bank scam, they don’t go to jail. It’s a crime syndicate running the country. And the banksters are the biggest members of the crime syndicate.

Us budget deficit rises to highest level three at the $1.8 trillion. It’s nearly $36 trillion now. Yep. The commerce for a responsible federal budget, a nonpartisan group that seeks lower deficits, reported last week that Trump’s plans could cost as much as $15 trillion in a decade. And Harris’s economic plans, as much as 8 trillion. We got stupid political pieces of shit running the fucking country. Look at a $36 trillion debt. Another 9 trillion going to Israel to keep their genocide going. And another 9 trillion to Ukraine to keep their genocide going. As the country’s rotting in front of our eyes and then printing up all this fake money backed by nothing, imprinted on nothing.

Oh, I was talking about Volkswagen. Volkswagen’s troubles reflect wider issue in german economy. Yeah, no kidding. Again, we’ve been writing about this over and over and over again. Us job claims hit 258,000 the most in a year. Again, the jobs are to be created a low paying jobs. Go to Walmart, go to. I don’t go to Walmart. Go. I don’t go. I hate. I was there like four times. I can’t stand going to ugly places, look like factories with shit in them. All of these used to be great looking stores when I was a young guy.

But anyway, all the signs out there, help wanted. Help wanted. Help wanted and the help. Now they can’t speak English because they want all these migrants to come in so they could pay cheap labor. Ah. Israel kills 44 more Palestinians in Gaza. Oh, that’s fine. Escalates in northern Gaza. They report now over 42,000 Palestinians dead, nearly 100,000 seriously injured, and 11,000 missing. We reiterate our call, reiterate our call that you in the Jabalia camp, evacuate your homes and shelters immediately. The Israeli said. Isn’t that nice? This. Where is the outrage about what they’re doing to Gaza? Bombing it into ruins.

All the people, it’s like almost 2 million people have nowhere to go. And now Israel subjects northern Gaza to one of the most violent genocide campaigns, says Euromede. An unprecedented humanitarian catastrophe is imminent. The israeli occupation regime tightens its siege on Jibalia refugee camp. Refugee camp and bite Lia project in northern Gaza for the fourth consecutive day. Euromed human rights monitor warned in a statement, quote, israel is accelerating the pace of genocide against the Palestinians there by carrying out mass and planned killings as well as widespread force displacements. The international community, led by the United nations, must act swiftly.

United nations. United nothings. Little fucking scumbags have done nothing. All but the United nations. Hey, we got to get rid of Qaddafi. We got to go. Yeah, we’ll go kill them. Yeah, we got to bring freedom over there. And then an extremely dangerous development. Israeli troops or the complete evacuation of Kamal Adwan hospital. Yeah, hot Homas is hiding in the hospitals. Yeah, that’s the bullshit they’re using. And the same fucking shit they’re saying over there in Lebanon. They killed over 30 people in the last 24 hours. Oh, wait. Getting Hezbollah. Hezbollah isn’t on him. Houses again.

We’re giving you with nobody very. There’s no magazine in the world that’s giving you. We’re giving. No, none. The media is dead. Journalism is finished. And again, to subscribe, you go to trendsjournal.com. and it’s grand. Total $2.56 a week. Here, this is story in a toilet paper today. Redstone says CB’s rebuke of anchor’s interview was a mistake. Listen to this language. Shari Redstone, the media mogul whose Paramount empire controls CB’s news. Wait a minute. Mogul? Oh, she’s a mogul. You’re just a piece of shit, Celente. You’re only a little guinea. You’re a little wop from the Bronx.

They’re moguls. They’re moguls. Empire, Paramount Empire, the gangs you got it. Control CB’s, CB’s. Crap, bullshit, crap, bullshit. They control CB’s. We’ll tell you what to say. And it’s all the media’s like that. They’re all owned by the bigs. So don’t subscribe to the Trends Journal. Don’t get history before it happens. Swallow the prestitute shit. Criticize the network’s leadership on Wednesday for its decision to reprimand a Star morning show anchor. A Star morning what star? What star? Some arrogant scumbag of his on air interview with the writer Tan Nishi Coates. They made a mistake here, Miss Redstone said.

An appearance in midtown Manhattan, adding, I think we all agree that this was not handled correctly. They should not have. They should not have said that what he did was terrible. No, he could do anything he wants. The guy’s name, Mister Doc. Oh, Doc Ouple. Doc. O do c k o u p I o. He’s a star. I should know his fucking name. Had challenged Mister Coates views about the israeli palestinian conflict during a tense but tense appearance last week on CB’s Morning, at one point saying that parts of Mister Coates new book compare Israel’s treatment of Palestine to the drim cloth law, quote, would not be out of place in the backpack of extremists, he said.

So in other words, this book is only for extremists. Yep. She said, Tony did a great job with that interview. Yep. I think he handled himself and showed the world’s role model. Very proud of him working. Mister Doko Yupel’s interview with Mister Coates had quickly proved divisive on social media. The anchor, who is jewish, of asking biased and hostile questions. The guy was jewish and he’s attacking this guy. That’s the media. It’s shit. Israel steps up. I love this word. Pursuit of Hezbollah by sending extra units into Lebanon. There’s the Financial Times. Israeli military has deployed thousands more troops into Lebanon and signal expanding ground offenses against Hezbollah as Prime Minister Benjamin Netanyahu called on the population to rise against the iranian backed group.

The iranian backed group America, the West, they could back anybody they want, but God forbid Iran back anybody. They got over 20,000 troops now in Lebanon, invaded another country. War planes also pummeled targets in Beiruthen that’s the fucking bullshit. Scum pricks. And I can’t say the other word, right. This shit pummeled targets in Beirut. They’re bombing the hell out of people’s homes. They got some 2 million people that left targets. The Israel strike has caused killed more than 2000 people. Enforced, excuse me, 1.5 million from their homes. In a defiant address earlier in the day, Hezbollah’s deputy sheriff, deputy chief vowed the militant group.

Militant group. The militant group Hezbollah is a militant group because they threw Israel out of Lebanon. So they’re militants. Our founding fathers would be militants. I would like to reassure you our capabilities are intact, he said, pointing to the Tehran backed group’s attacks on Israel in recent days. Quote, this is a war of who cries out first and we will not. This is rarely noted and it’s only near the bottom. Qasam said Hezbollah supported diplomatic efforts to broker ceasefire, but throughout the past year, the group has said it would stop fighting Israel only when a ceasefire was reached in Gaza.

They’re fighting to stop the slaughter of the people in Gaza, that’s all. How dare they? Israel has the right to slaughter, defend themselves. I forgot. They could kill anybody they want. Israel. Netanyahu warns Lebanon could face destruction like Gaza. Oh yeah, we’re going to bomb the fucking shit out of it. Just like that. He could say anything he wants. And the scumbag politicians in America support it. Is really. Yep. Like Gaza. You have an opportunity to save Lebanon before it falls into an abyss for long. War that will lead to destruction and suffering like we see in Gaza.

Destruction and suffering. Proud of it, aren’t you, Netanyahu? This is disgusting. Where is the outrage of the people? Where is the outrage of the people? Our money going to do this again? I launched occupy peace. What are you doing? Are you donating to it? Not the billionaires. If the billionaires donated rather than billions of bombs and they donate to occupy peace, we’d have peace. Israel expanded its incursion in Lebanon nearly a year after it began exchanging for. The lebanese group says its strikes are in support of the palace. Yep. No ceasefire. What else? Israel threatens Iran.

Israeli the iranian attack was aggressive but inaccurate. This is Galant, the defense minister said yesterday. In contrast, our attack will be deadly. Oh, deadly. Isn’t that nice? Our attack will be deadly. We’ll kill people. Iran didn’t kill anybody. Pinpoint accurate and most importantly, surprising. They do not know what happened or how it happened. They will just see the results. Deadly. Yep. The IDF has vowed a serious and significant response. Israel’s prime minister zionist warmongering aimed at manipulating us elections Iran foreign minister spokesman says that Israel has, in creating a regional war, is aimed at manipulating the upcoming us elections.

The occupying regime’s haste in dragging the whole region into an ever expanding war is primarily aimed at marginally manipulating the us upcoming elections and the us security agencies are falsely accusing Iran of trying to interfere in us internal affairs were an absurd twist of facts. And Harris says, Iran, you ready? Is the greatest adversary. I think it is one of the most. An obvious one in mind, which is Iran, the greatest adversary. Harris said, I think there’s an obvious one in mind, which is Iran. Iran has american blood on its hands. Oh, they do? You mean America doesn’t have iranian blood on their hands? What was that guy Trump that killed that guy Soleimani? What, what blood does.

What did Iran do to America? And what we saw in terms of just this attack on Israel, 200 ballistic missiles. Oh, but Israel could. Israel could bomb this shit out. Tens of thousands of missiles. You can bomb the shit out of Gaza, but 200 missiles going into Iran? My God. I mean, to Israel, blow Beirut to pieces, that’s fine. What we need to do to ensure that Iran never achieves the ability to be a nuclear power. That’s one of my highest type priorities. Harris was asked if she would take military action against Iran if she had proof the country had nuclear weapons.

And she responded, I’m not gonna talk. I’m not gonna talk. I’m not gonna. I’m a gutsun. I’m not gonna talk about a hypothetical at this moment. What hypothetical? They’re asking you a question. Why don’t you say you? Because I’m a clown. I’m Kamala. Hilarious, as my friend Mark Ferrari calls him. Trump said last week Israel should strike Iran nuclear facilities. Harris claimed that the us top adversary goes against the official line of Biden administration, that China is the greatest foreign threat. This is what they’re writing and she’s saying it’s Iran. Harris. Anyway, and what else we got here? Trump says he visited Gaza, but there’s no record of it.

Yeah. Donald Trump suggested in a radio interview on Monday that he had visited war torn Gaza in the past. When he asked the campaign to clarify it, they said Gaza is in Israel and that Mister Trump visited Israel. Gaza is in Israel. Gaza. Oh, that’s right, I forgot. Trump’s son in law, Jared Kushner wants to develop that waterfront property. Oh, yeah, we wrote all about that in the trends journal. Yep, that’s it there, you got it. Wars keep ramping up, slaughters keep going. No talk about peace. Because as we just saw with CB’s prestitutes, media whores, just cell wards.

Thanks for tuning in. And don’t forget to look at the interview I did yesterday with Judge Andrew Napolitano. That catch really on top, man. And we’re going down fast. If we don’t change this again, watch out for a false flag attack. All they’re doing is ramping up war. And that iranian guy is right. Something’s going to happen in the United States. They were taught to hate Iran. I wrote about it in my book trends. Trend tracking far better than megatrends. That’s when I became a trend forecaster, when little Jimmy Carter came back from Iran spending New Year’s Eve with the shah and his wife, and said the shah was the island of stability in the Middle east.

As I said in the Bronx. Used to say, bullshit has its own sound. And that’s when I became a political atheist. Oh, hey, the shah wasn’t the island of stability. They’re gone, man. Threw the shah out anyway. Please do what you can. It’s up to the people to change it because the scumbags, politicians are destroying it. Thanks for tuning in.
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