Gerald Celente on the Max Keiser Show

Gerald Celente update

Hyper inflation will be the result after hyper deflation...

First, DEFLATION...then monetize with currency devaluation = HYPER INFLATION in 2014 to 2016. This movie is too optimistic about a linear path to inflation...I think characteristic to the market's pattern, we will get deflation first and then currency devaluations that attempt to compensate for fiscal deficits and other obligations.

Bear markets like EVERYONE to lose money...if we get deflation people who make money on that decline will most likely lose it on inflationary activity when currencies become worthless.

Works for me!