On the heels of another wild day of trading that saw the Dow plunge another 545 points and the price of gold spike, Gerald Celente just issued this major trend alert.
October 11 (King World News) – Gerald Celente: In our September 19 Trend Alert “Economic 9/11,” we warned “…a market crash was coming … that will rock the world.”
World equity markets have been rocked…
Even before the Dow dropped some 830 points on Wednesday, global equities were diving lower and sinking deeper into bear territory.
While Asian markets were hardest hit with losses in excess of 5 percent and the MSCI Emerging Market stock index has now tumbled 24 percent from its January peak, the bear market contagion is worldwide: Turkey, South Africa, Brazil, Venezuela, India, Hong Kong, Australia, Argentina, Italy, Indonesia, Singapore among others are in bear territory.