29 Nov 2011

Gerald Celente: The Prestitutes are Out to Pillage All Accounts

The Banks do not have any money or Gold just a lot of hot air says trends master Gerald Celente , Alex Jones talks to Gerald Celente about an update from trends forecaster and author Gerald Celente on the theft of his money by MF Global. RJO & Associates robbed Gerald Celente 6 figures account , Gerald Celente sees Economic Martial law and Bank Run after the holidays, A bank run (also known as a run on the bank) occurs when a large number of bank customers withdraw their deposits because they believe the bank is, or might become, insolvent. As a bank run progresses, it generates its own momentum, in a kind of self-fulfilling prophecy (or positive feedback): as more people withdraw their deposits, the likelihood of default increases, and this encourages further withdrawals. This can destabilize the bank to the point where it faces bankruptcy.