Friday, September 27, 2013

Gerald Celente: Fed cannot stop tapering without stopping the fake recovery

On Sept. 25, trends forecaster Gerald Celente did an interview with Greg Hunter on the USA Watchdog webcast.  In the interview, Celente spoke about the delayed war in Syria, and why the Fed chose to not initiate a tapering of their bond buying program during the recent FOMC meeting earlier this month.  Celente also stated that the primary reason that the Fed held off tapering now was due to how interest rates reacted from just the rumors of a potential taper, and that it will most likely come early next year after the Christmas retail season is complete.



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