Gerald Celente: “There is no recovery — it’s a coverup!”

Trends forecaster Gerald Celente appeared on RT February 28, 2011, explaining how the circus called the U.S. government is running America – right into disaster.

Current predictions circulating among economists are that oil prices may soon hit $200 a barrel. Lindsey Williams, a well known Chaplain and close associate with oil company elites has revealed that the globalists in charge behind the scenes are planning to push oil prices as high as $150- 200 a barrel before 2012.

Gerald Celente states the only possible way for oil prices to jump so high would be for “an outbreak” to occur in a major oil-producing country such as Saudi Arabia, or in Iran. The “outbreak” he refers to would be open revolution, rioting, and chaos that is currently happening along the northern part of Africa, and in parts of the Middle East.

One of the other scenarios he brings out, would be the closing of the Suez Canal.

“… But what we’re looking at really, is very reminiscent of the late 1970′s, 1979 when the Iranian crisis broke out. Because there’s another element in this that’s important. It’s inflation. And what we’re looking at.. as we look back in the 70′s, it was high inflation – plus the Iranian crisis, an oil spike.

You have the same thing going on now….”