If you look carefully at the chart above, that type of BULL/BEAR setup has led to violent rallies in the stock market, expect in extreme conditions, such as the global collapse of 2008 – 2009. The Gold/Oil ratio just hit another all-time high. Gerald Celente weighs in today: Despite Deutsche Bank’s shares spiking today on the hype of a bond buy-back, the banking sector and fundamentals of the world economy remain at high risk.
Global stock indexes have plunged into bear territory, currencies are crashing – and as commodity prices tumble, resource-rich nations going broke are begging the World Bank and International Monetary Fund to bail them out. Neither “The Panic” nor the Global Recession, one of our Top Trends for 2016, will spare any country, large or small. FULL REPORT
