Video News/In Focus with Jeremy Szafron

Gerald Celente warns that the U.S. economy is entering the final stage of what he calls a “Freak Show,” despite record highs in the S&P 500 and what Wall Street celebrates as a “Thanksgiving Boom.” Speaking with Kitco News Anchor Jeremy Szafron, the veteran trend forecaster said these highs are a dangerous illusion masking the onset of the “Greatest Depression.” He pointed to eerie parallels with the 1999 Dot-Com bubble and a specific “signal” he says now suggests an 80 percent crash is approaching. Celente also argued that the middle class has been transformed into “Slavelandia,” with rising debt and inflation destroying economic mobility for most Americans. Celente issued new price targets for precious metals, predicting gold could reach $5,000 and silver could go “vertical” within just five months as the dollar weakens and global instability accelerates. He also offered a stark geopolitical outlook for 2026, warning that when economies fail, “failing empires” historically turn to war as a final reset — and that the U.S. may be approaching that point.