Gerald Celente says Wall Street and Main Street have split apart, and a crash is on the near horizon. Celente, founder of the Trends Research Institute and publisher of the Trends Journal, has spent 46 years forecasting trends. He joins Jeremy Szafron on the stock market, gold, silver, inflation, the jobs report, the Iran war, Gen Z and what he says is coming for your money. Celente says stocks are rallying while Main Street struggles. In New York's Hudson Valley, he says, "the streets are dead," and the restaurant owners he talks to report business down more than 30% on average. He believes the coming crash will mirror 1929, warns of a dot-com bust in AI stocks and argues China will lead the world in artificial intelligence. He also explains why the markets haven't crashed yet: he didn't expect interest rates to go to zero and trillions of dollars in cheap money to flood the system. With September's jobs report showing just 29,000 new jobs, and July and August revised down by a combined 60,000, Celente explains what he calls dragflation, prices going up while the economy goes down, and why he believes higher inflation means higher gold prices. He started buying gold at about $170 an ounce in 1978, bought again near $5,300 and says he would buy now, not sell. He is bullish on silver too, saying there are no silver stockpiles. Celente lays out his getaway plan: "get to the country, because the cities are gonna go down bad." He explains why Gen Z is turning on the system from India to Nepal, why he is holding his 2027 trends until after the Nov. 3 midterms and why he believes a renaissance could still turn things around. Recorded October 2 2026 SPONSORED BY KALSHI Trade the first CFTC-regulated gold and silver perpetuals in the U.S., 24/7, with no expiration date. Exclusive Kitco offer: trade $50 and get $25 free with code KT2026. 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Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW) Follow Gerald Celente on X: @geraldcelente (https://x.com/geraldcelente) 00:00 Why Celente Says These Are the Worst Times He's Seen 01:46 Wall Street vs. Main Street 03:58 Fuel Prices, Rising Yields and Crash Risk 05:31 Jobs Revisions: What Should You Believe? 09:25 AI Bubble, China and a New Dot-Com Bust 13:20 A 1929-Style Crash and the Three G's 18:45 Gold Selloff, Silver and What Celente Is Buying 23:30 Celente's Getaway Plan: Get to the Country 28:56 Celente Fears the Iran War Will Escalate 33:04 Fuel Shortages, Oil Prices and Main Street 37:52 Gen Z Revolt, Monopolies and the Cost of Living 44:04 Celente's Advice to Young Adults and a New Renaissance 49:17 Why Celente Says Change Starts at Home 52:26 Why the Crash Hasn't Come Yet 54:16 Why He's Holding His 2027 Call 55:16 Where Celente Finds Hope for the Future 59:07 War, Washington and the Military-Industrial Complex #GeraldCelente #StockMarket #Gold __________________________________________________________________ Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage. 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Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
