Day: February 11, 2009

Hello,

Russia Today had an interview with Gerald Celente, a U.S. trend forecaster. It is a very powerful interview and the young lady that does the interview for Russia Today has some priceless facial expressions in regard to some of the statements that Gerald Celente makes.

After years in politics and lobbying, Gerald Celente founded The Trends Research Institute (initially called the Socio-Economic Research Institute of America) in 1980 in Rhinebeck, New York. According to several media sources published after the events, its successful predictions include Black Monday, the fall of the Soviet Union, the 1997 Asian Financial Crisis, the quarter of the dot.com bubble burst, the subprime mortgage crisis, and the financial Panic of 2008 including the statement that “corporate giants would tumble to their death.” The Trends Research Institute publishes the Trends Journal, a publication that identifies, forecasts and analyzes business, socioeconomic, political, consumer, environmental and other trends. The purpose and focus of the Trends Journal is to inform readers of future trends and provide strategies on how to prepare and profit from what lies ahead. (Link)

I watched this video and watched another video that Gerald Celente just did with FOX News. I then went and checked archives of videos that Gerald Celente has in the past.

What I found was that Gerald Celente has spent years telling us about the coming depression. He has been expressing what he thinks about the Global predicament. People have laughed at him, scoffed him, called him names and ignored him. Now they all wish that they had heeded him.

This is very big news in Russia and all the news in Russia is geared to telling the people the truth about what is going on in the Global Finance World. Russia has article after article about how bad it is in Russia and how bad it will get. Medvedev and Putin make no issues about the truth being printed. This is the second article that I have printed on Gerald Celente. He is trying to get his thoughts heard because he feels that things can be turned around. He also said something that I feel also the new Obama administration is a joke.

“By Their Deeds You Shall Know Them!” That is what Gerald Celente says about Obama and his new staff. Sometimes the truth hurts though.

Gerald Celente does not have all the answers to the cure because he predicts trends. So to him the cure is to change directions before it is too late.

Here are some of his predictions:

I found that he is an interesting person and he is not afraid to speak his mind. He has stated in other interviews that people tried to chastise him for years but now when the facts are out everyone wants to hear what he has to say.

This is not news that I like to hear but if you remember that a while back that Russia had a Professor that made a prediction about the fall of the USA! Igor Panarin was that professor and he was adamant about the breakup of America. (Link)

Lets hope that these experts are wrong and the world will start coming out of this recession and it will not become a depression…

Kyle & Svet

comments always welcome.

RBC, 11.02.2009, Moscow 14:55:40.Russia’s Foreign Minister Sergei Lavrov considers it necessary to extend the U.N. mission’s mandate in Georgia, Abkhazia, and South Ossetia, as he said following today’s Russia-EU ministerial meeting. He added that the new U.N. mandate must reflect the actual state of affairs in the Caucasus region. The mandate’s extension is now being actively discussed both within the United Nations and in the republics, Lavrov stated, adding that the different sides’ positions on the matter were starting to converge. However, the decision must be made by the countries where the U.N. mission will be deployed.

RBC, 11.02.2009, Moscow 13:32:56.Russian credit organizations currently hold over $30bn in correspondent accounts with the Bank of Russia, head of the Central Bank’s financial market operations department Sergei Shvetsov announced during his appointment by the State Duma to the post of a member of the board of directors of the Bank of Russia. According to him, overall, the Russian banking system has sufficient liquidity to honor its commitments. “Banks have excessive foreign exchange liquidity, but not enough ruble liquidity,” Shvetsov said.

RBC, 11.02.2009, Moscow 14:24:58.Russia’s inflation stood at 0.4 percent between February 3 and 9, at 0.5 percent since the beginning of the month and 2.9 percent since January 1, the Russian Federal State Statistics Service (Rosstat) reported today. Meanwhile, inflation amounted to 0.5 percent in the corresponding period of 2008, 2.8 percent since the beginning of the month and 1.2 percent in February.

RBC, 11.02.2009, Moscow 13:40:39.The Bank of Russia’s special representatives will begin working in 30 Russian banks starting in late February 2009, the bank’s Deputy Chairman Viktor Melnikov told journalists today. He indicated that the regulator’s board of directors made this decision in agreement with the government, and the documents to this respect had already been sent to the Justice Ministry for approval.

RBC, 11.02.2009, Moscow 12:04:38.The Bank of Russia has sold $40bn from its international reserves since the beginning of 2009 compared to $70bn in 2008, Sergei Shvetsov, head of the bank’s financial markets operations department, announced at the Russian State Duma today. He pointed out that only 17 percent of the total sum was used outside Russia, while the rest remained within the Russian banking system.

RBC, 11.02.2009, Moscow 10:45:46.The Russian nuclear fuel producer TVEL, the subsidiary of the state corporation Atomenergoprom, has signed long-term contracts with the Indian government’s nuclear energy department for the delivery of fuel pellets to India’s nuclear power plants, Atomenergoprom’s press office reported today. The total value of the contracts exceeds $700m. The deal became possible after the Nuclear Suppliers Group (NSG), a multinational body concerned with reducing nuclear proliferation, lifted restrictions on the supply of uranium, reactors, and nuclear technologies to India.

RBC, 11.02.2009, Moscow 11:07:29.Fundamentally, there are no further reasons for the ruble to weaken, aide to the Russian president Arkady Dvorkovich said at a forum in Moscow. He pointed out that the Central Bank wielded enough money to keep the ruble rate within the set trading band. Furthermore, the corporate sector also boasts sufficient resources to ensure the national currency rate’s stability. The ruble, therefore, will remain at its current level unless commodity prices tumble, Dvorkovich observed. In addition, he predicted that interest rates and inflation expectations would wane shortly, in turn dragging down electricity prices.

RBC, 10.02.2009, Moscow 19:56:28.The Russian stock market closed on an upbeat note, as its leading indices added over 4 percent, fully regaining their early morning losses. The MICEX index ended 4.2 percent higher at 728.01 points, as Norilsk Nickel surged 14.88 percent, Rosneft jumped 8.29 percent, Surgutneftegas rocketed 8.69 percent, and Sberbank soared 6.79 percent. The RTS index finished up 5.92 percent, breaking above a psychological mark of 600 points. Its highest gainers included nearly all blue chips, as Norilsk Nickel rose 13.04 percent, VTB climbed 7.81 percent, Sberbank increased 7.76 percent, LUKoil gained 7.44 percent, Surgutneftegas went up 6.95 percent, and Rosneft leaped 11.43 percent. The trade volume amounted to $9.6m.

RBC, 10.02.2009, Moscow 18:57:51.Most investors have switched from currency speculations to more tangible investments, Abdrei Kostin, president and chairman of VTB’s executive board, said during his meeting with Prime Minister Vladimir Putin. He reiterated that the Russian stock market had been on the rise recently, with VTB shares gaining 6-8 percent over the past two days.

RBC, 10.02.2009, Moscow 15:55:59.Russia will not help the United States negotiate further operation of the U.S. military base at Manas airport in Kyrgyzstan, Russian Ambassador to NATO Dmitry Rogozin told a Moscow-Brussels video conference today. He stressed that the United States must discuss the matter directly with Kyrgyzstan – a sovereign state that has made a sovereign decision. The United States should stop its attempts to use Russia as a mediator in order to resolve disagreements with countries that have become independent states, Rogozin noted.

That is what Gerald Celente said in a couple of interviews in the last week. He is talking about Obama and his new administration! When he was asked about Obama and his new administration, Celente answered: “By their deeds you shall know them!”

Kyle & Svet

comments always welcome.