Celente – What Is Happening Right Now Is Shocking And Unprecedented

On the heels of some wild trading to kickoff December, Gerald Celente said what is happening right now is shocking and unprecedented.

Shocking And Unprecedented
December 4 (King World News) – Gerald Celente:  “The Dow dipped lower on Friday and was down 250 points Monday, posting its biggest decline in nearly two months on weak manufacturing activity, and, of course, on “trade uncertainty.”

Yesterday it closed down 280 points on news that President Trump suggested he may want to delay a trade deal with China until after the 2020 presidential election.

This year the Dow is up 20 percent, and the S&P 500 Index is up 25 percent, on trend to have one of its best years in two decades.

According to the hard numbers, the Federal Reserve Banksters will keep giving the Wall Street money junkies their fix to keep it going.

As noted in the 19 November Trends Journal “… since 17 September they [Federal Reserve Banks] injected ‘upwards of $3 trillion,’ according to the Interest Rate Observer.”

On Monday, 25 November 2019, the Federal Reserve Bank of New York pumped a grand total of $118.5 billion into the U.S. financial system.

The following day, Tuesday, 26 November, the Federal Reserve Bank of New York added another $92.7 billion by purchasing $72.75 billion in overnight repos and $19.95 billion in 14-day repos.

On Wednesday, 27 November, the Fed of New York again injected a total of $108.95 billion by accepting all $87.9 billion in overnight repos and $21 billion in 15-day repos.

On Friday, 29 November, the Fed Reserve of New York went back at it on Friday, when it flooded $88.45 billion into the financial markets in the form of overnight repos.

Earlier this week, The Federal Reserve Bank of New York pumped in another $97.9 billion.

Why?…more here

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