“I’m telling you, the debt level is over $37 trillion… and some say over $200 trillion when you include all the other obligations,” says Gerald Celente, editor of the Trends Journal. “There’s no way in the world they’re going to be able to pay this off.” In today’s interview with Daniela Cambone, Celente warns the Fed is running out of options and predicts the rise of a central bank digital currency: “They’re going to come out with another currency to do away with the dollar. That’s my belief.” Celente also dives into gold, markets, and geopolitical risks, explaining why lower interest rates fuel inflation and why gold prices continue to rise: “The lower interest rates go, the deeper the dollar falls. The deeper the dollar falls, the higher gold prices go.”
The death of the dollar has already begun. That was Gerald Celente’s stark warning to Daniela Cambone in a recent ITM Trading interview. From the bursting AI bubble to global war escalation and Washington’s reckless debt binge, the cracks in the financial system are no longer avoidable. And history shows us one thing with certainty: when trust in fiat money collapses, gold skyrockets.
This matters now because the Federal Reserve is cornered. Rates are poised to fall, debt is spiraling out of control, and foreign powers like China are leading in AI dominance. The outcome? Dollar decline, inflation acceleration, and wealth destruction for anyone left holding paper promises.
AI Bubble: The Next Dot-Com Bust
- Celente points out that AI is still an infant trend—hyped beyond reality, just as the dot-com bubble was in the late 1990s.
- Nvidia lost $600 billion in market cap in a single day earlier this year. Celente warns: “Watch for the dot-com bust all over again.”
- As few traders dominate thin summer markets, manipulation grows—setting the stage for violent corrections.
History lesson: When the dot-com bubble burst, the Nasdaq collapsed nearly 80%. Gold, by contrast, surged as capital fled speculative assets.
War as a Distraction: When All Else Fails…
Celente’s refrain is chilling: “When all else fails, they take you to war.”
- The U.S. government has repeatedly used conflict to distract from domestic financial collapse.
- From 9/11 shifting attention from the dot-com bust, to today’s NATO-Russia-Ukraine quagmire, the script is the same.
- Trillions are spent on endless wars, while Americans face recession, inflation, and collapsing infrastructure.
This isn’t about security. It’s about control.
The Death of the Dollar Has Begun
- Powell is cornered: lower interest rates mean deeper dollar decline.
- U.S. debt isn’t $37 trillion—it’s closer to $200 trillion+ when all unfunded liabilities are counted.
- Foreign governments are accumulating gold because it’s cheaper as the dollar weakens.
- Celente flatly states: “The lower the dollar falls, the higher gold prices go.”
Central Bank Digital Currency: From Dirty Cash to Digital Trash
Celente believes the Central Bank Digital Currency (CBDC) push is inevitable:
- The U.S. government will use crisis as a pretext to replace the dollar with a digital system.
- China is already there—cash and credit cards are relics.
- With CBDCs, every transaction is tracked, controlled, and censored. Privacy gone. Freedom gone.
For Americans, this means the end of cash and the rise of total surveillance.
Cities in Decline: New York and San Francisco
Celente didn’t mince words: New York City is following San Francisco into ruin.
- Lockdowns permanently destroyed small businesses.
- Crime, homelessness, and political corruption accelerate urban decline.
- Radical policies offer “free bus rides” and “government-run groceries,” but no real solutions.
The Covid War changed everything—and the destruction remains incalculable.
Why Gold and Silver Are the Last Line of Defense
Throughout history, every fiat currency has collapsed. The dollar is no different. As Celente reminds us:
- He first bought gold at $163/oz during the Iranian conflict, knowing war would send it higher.
- Today, gold remains the ultimate wealth preservation tool against inflation, war, and systemic collapse.
- Unlike dollars or CBDCs, gold and silver are tangible assets—outside the reach of corrupt politicians and central bankers.
When the death of the dollar accelerates, those holding physical metals will survive the storm. Those clinging to paper will be wiped out.
Conclusion
Gerald Celente’s warning is clear: we are at the edge of systemic failure. AI hype will crash, debt is unpayable, war drums are beating, and the dollar’s decline is irreversible. When trust dies, money dies—and the death of the dollar is already underway.
Gold and silver are not just investments. They are survival tools in a collapsing system.
About ITM Trading
ITM Trading has over 28 years of experience helping clients safeguard their wealth through personalized strategies built on physical gold and silver. Our team of experts delivers research-backed guidance tailored to today’s economic threats.
THINKING ABOUT PURCHASING GOLD & SILVER?
Get expert guidance from our team of analysts with 28+ years of experience.
[SCHEDULE YOUR CALL HERE] or call 866-706-9061