"Trump Will Face War & Depression"
by Greg Hunter’s USAWatchdog.com
In October, renowned geopolitical and financial cycle expert Charles Nenner warned of a huge war cycle. Now, with the EU getting ready to fight a war with Russia, Nenner has a new warning in the economy, and President Trump will be forced to deal with both war and a big depression in the not-so-distant future. Let’s start with war. Nenner explains, “I think all the war cycles are pointing up, and we are getting into big trouble. You mention Ukraine, but I would say the situation in the Middle East is as bad and dangerous as it is in Ukraine. In Ukraine, there is a solution, and that is Ukraine is not going to be part of NATO and Russia is going to keep a little bit of the land. I am from Amsterdam, and we don’t have any army anymore, but now they want to make it official that everybody has to go back into the army. It’s like they are forcing a third world war. These people have no clue what they are doing. This will cost billions and billions of dollars. I talk to people who have their children in kindergarten, and now it is not subsidized anymore because the money is going to go to Ukraine.”
German bonds are now under stress and reportedly “melting down.” What is going on there? Nenner says, “German Bunds went down because the (EU) countries need money. This is also going to be an economic catastrophe as the economy is going to slow down. I hear they want to change into what they call a war-time economy. I don’t know exactly what this means. This is all for nothing. All this money has been destroyed. For the Americans, I am not sure, but we are talking about $500 billion now has been destroyed. What Zelensky does is say if we don’t stop them, Russia is going to take over Europe. I absolutely think that is totally ridiculous. My long-term cycles look the same as in 1928 and 1929. They all come together, and we are in for a very bad situation. So, it could be a depression. Yes, we are headed for a depression because the yearly income cycles are the same as just before the crash of 1929. In 1928 and 1927, there were already big down moves, and then they came back until the whole thing collapsed in 1929."
Recently, Nenner was shorting home builders and made 40% on the move down. Nenner is still long-term bullish on gold, and he likes silver too, but you have to be ready to be patient with silver. Nenner says the dollar is not going to crash anytime soon, although it has sold off in the last few weeks. The US dollar will stay strong for the foreseeable future. Nenner thinks a Strategic Bitcoin Reserve “is a crazy idea,” and people should concentrate on tangible investments like gold or paying off your house. On the interest rate front, Nenner predicted we hit bottom when the 10-Year Treasury was around 1%. He said interest rates would be going up. He was right, and now the 10-Year is above 4%. That is a big move. Eventually, Nenner says rates will, once again, be going back to double digits and says, “We will eventually get back to 16%.” Don’t worry, Nenner says that’s going to take a while. There is much more in the 42-minute interview."
Join Greg Hunter on Rumble as he goes One-on-One with
renowned cycle analyst and financial expert Charles Nenner:
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