Appearing on the May 3, 2012 episode of the Alex Jones Show, Gerald Celente’s failed Q1 2012 European bank holiday prediction was never mentioned, in his first appearance since the end of Q1 2012.
Obviously everyone wants to downplay their failures while trumpeting their successes, but the issue in the so-called alternative media is that it is commonplace for much hype to be given before and during the show regarding a guest’s predictions, only for some big ones not to materialize and be swept under the rug, and the guest to be invited back to make more questionable predictions.
Here is the video showing Celente making his bogus prediction.
For someone who has been known for making repeated bogus predictions, see my article, Lindsey Williams’ 2010 oil price prediction tanked.
So he was about 10 month too early with his prediction (Cyprus). So what? It’s the obvious he mentioned, that we will see all over the Western countries in the near future.
He didn’t need to give such a specific time, but he did, and he was wrong. He and other shock jocks make such predictions to sell more newsletters and get more listeners and viewers, and most people, like you, don’t have any problem with it.
[...] Gerald Celente’s failed Q1 2012 European bank holiday prediction (fauxcapitalist.com) [...]
Celente was entertaining for a little while when first discovered but I’ve now had my fill of his rants.
His whole schtick is that EVERYTHING is going to hell in a handbasket, so as soon as something, anything goes wrong he can crow, “see!”
Contrarian thinkers like Faber, Zulauf and Hendry are much more knowledgeable and offer far more useful and specific advice.