Top trends forecaster Gerald Celente likes gold but predicts nothing is going to happen until “it hits $1,450 per ounce and stabilizes around that price.” Celente also predicts, “The United States wants a weaker dollar so we can increase our exports. . . I am betting on a weaker dollar.”
Everyone tuned-in to stock market news knows the story. US equities experienced a 10-percent correction recently over concerns that higher inflation would push the Federal Reserve to tighten monetary policy faster than expected.
The Street feared that stopping the cheap money flow that juiced equity markets since 2009, would put a damper on future stock market investment.