You are the one who criticized him without citing something, not me
why don’t you back up your insinuation that he “cherry picks” his successes
I could go through my newsletters and make my case but I don’t need/want to. I’ve used his advice and others to make/save a lot of money and don’t need your affirmation.
Anybody who uses a comment on this board to make financial decisions without doing their own due diligence is nuts
why dont you back up your insinuation that he cherry picks his successesI cited a prior post, in a previous post of mine (I think it is still there) where his 'record' was posted, but no note of his failures, and furthermore I stated that a neutral 3rd party needs to take a look at his record.
His appearances on Alex Jones' wild wild conspiracy shows does little to help his credibility; one wonders how observant Celente REALLY is not to pick up on that aspect.
What's that old saying: Sleep with dogs you're going to get fleas. I say Celente has Alex Jones fleas ...
After all, he predicted the fall of the Soviet Union, the Asian currency crisis of 1997 and the subprime mortgage collapse.Of course, that's not all Celente has predicted. I looked at some forecasts Celente made roughly ten years ago in his book, 'Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century,' excerpted by Psychology Today in February 1997. Here are some of the lowlights.
Voluntary simplicity, once merely a counterculture ideal, will finally become a reality in the twenty-first century. ....Moderation, self-discipline, and spiritual growth will be the personal goals of the future, not material accumulation.Such a stunningly accurate description of the Bush years.... NOT. Apparently Celente missed the boom in SUV sales (at least until gas hit $4 a gallon). The good news: He's got another 92 years for this one to come true.The trend to convert lawns into gardens will have a significant impact not only on the way we eat but also on how we live and feel. ....Billions of dollars formerly spent on lawn care will either be saved or re-deployed into producing fresh food.I was just thinking that as I waded through the succotash on my front lawn.... Just kidding. Do you know anyone who's farming on their front lawn? Home lawn care products and services have grown (ahem) at a steady rate throughout this decade.Instead of being banished to nursing homes or retirement communities, large numbers of retirees... will move in with their adult children.The US nursing home population actually increased by about 70,000 from 2001 to 2007, according to a survey by UCSF.The videophone, meanwhile, will keep us in touch with faraway relatives. ...long-distance communication will be more like television.I love this prediction. People have been making it since, what, the 1950's? Eventually it has to come true.
Other Celente predictions:
- The public is going to demand that the government break up powerful corporate monopolies.
- The return of individuality will spell an end to the multibillion-dollar fashion industry
- Painting and sculpture will be revolutionized by the incorporation of virtual reality and computer technology
- The macarena was only the beginning. Look for Americans to embrace Latin culture--particularly its music--on a wide scale.
Whatever happened to Ricky Martin? I miss Living La Vida Loca.
Gerald Celente, Futurist Fraud
Written by Edward Champion
Written/posted November 13, 2008
The media or, rather, FOX News and conservative websites is listening to Celente because he predicted the 1997 currency crisis in Asia, the subprime mortgage disaster, and the dollar dipping south. But Infowars, a website run by paleoconservative radio show host Alex Jones, is basking in this dystopic news like an AIG executive riding high on Uncle Sams dime. Whats particularly strange is that Infowars hasnt bothered to quibble with Celentes statements, much less point to any of his inaccurate predictions.How does Celente do it? From Invest in Yourself by Mark Eisenson, Gerri Detweiler, and Nancy Castleman:
According to Gerald Celente, Director of the Trends Research Institute and author of Trends 2000, the key to tracking trends is to read two newspapers every day with a purpose either The Wall Street Journal or The Financial Times, plus The New York Times or USA Today. Look for stories with social, economic, and political significance, be it about the difficulties older suburbs face or the current currency crisis. (Youll know by the headline or the first paragraph.) Skip the stories that are purely human interest or that are about something that hasnt happened yet (for example, a jury resuming deliberation on a sensational trial).Aside from the Dale Carnegie-style language here, much of Celentes suggestions seem more like a series of guidelines on how to become a successful futurist predicting a good deal of generalist nonsense that scares the shit out of people, using language lifted from a newspaper storys barebones and riding on a few hunches. Of course, it also helps to have an aesthetic touch something along the lines of a desktop covered with 12 globes, just so you can impress a New York Times reporter who comes by to write a small profile. Since Infowars could not be bothered to perform even the most rudimentary act of journalism, the time has come to see if Celentes record truly cuts the mustard.When a crisis does occur, tune in to the extra in-depth analyses that youll find in accompanying background pieces probably in more than one of the newspapers. Read them as though youre a political atheist, Celente recommends not for what you want or hope, but for what is really going on, not only in your own profession or industry, but for trends that may directly or indirectly shape the future.
Here you have a history of a man who not only makes his living spouting this generalist nonsense at corporations, but who is listened to by the media. If we werent all scared shitless, this wingnut would be chased out of boardrooms and newsrooms with pitchforks.
- In May 1993, in a story about fiftysomethings losing their jobs written for the Orange County Register, Celente was quoted. He was advising IBM at the time during a period of downsizing. What was Celentes golden advice? He informed displaced executives to go for some kind of counseling. Asked to comment on this situation, Celente offered the same doom and gloom boilerplate that hes telling us today: The Industrial Age is ending. All the systems are breaking down and that means disappointment and disillusionment for the people who grew up in the 50s. He elaborated, These people believed in the Ozzie and Harriet way of life. That concept is dead. So is the concept of retiring at 65. These were hardly prescient or specific thoughts, but they were certainly dramatic enough to make it into an Orange County newspaper.
- Why not get topical? Lets take Celente on a more specialized subject like restaurants. In 1993, Celente predicted growing demands for take-out food, high- and low-end restaurants, and restaurants that offer live entertainment. Middle-range restaurants with mainstream fare will suffer. Aside from the fact that Celentes prediction accounts for about 90% of restaurants, doesnt the fact that human beings need to eat remain a comfy ledge to launch a prediction? In 1998, Celente told Money Magazine that, as the population grows older, Americans will be spending more time at home than ever before both for pleasure and business. Imagine that. You grow old, retire, and then you suddenly have more time. How the hell did Celente know?
- In the September 21, 2000 edition of Newsweek, the great futurist weighed in on mindless chores. Why are they called mindless? Your mind cant be going all the time. And when any problem becomes bigger, it becomes bigger than burnout. Its road rage, its air rage, its Columbine, its stress and people dont get it. Im wondering if its also the kind of impulse that will cause you to make impetuous predictions about the United Statess future.
- Asked by CBS News in May 2005 to comment upon where Dillards planned to go, Celente had this to say: There is nothing Dillards has that you cant find in 1,000 other places. America is vastly overstored. Take out Dillards and sub it in with another department store chain name, and you begin to see what little Celentes remarks say. But if were in for a future of doom and gloom, Celente has been sending us some mixed messages. He told the Associated Press in May 2005, The bottom of the luxury market is not going to fall out.
- Talking with the Associated Press in September 2005, Celente suggested that Wal-Mart could deflect its negative image with its philanthropy. Thats hardly a stunning insight. Any positive action has the probability of causing a company to look good. This is rudimentary probability. But what profound thoughts did our great seer tell the AP? We try to refrain from making value judgments what the motive is. But the fact is that [Wal-Mart was] there with trailer trucks being turned away. Amazing, isnt it? Amazing indeed. Presumably, the AP reporter who talked with Celente did so because the reporter needed somebody to describe the situation as amazing or magnificent. Some casual modifier that might be confused for profound thought.
- Celente was asked to weigh in on Internet trends by the San Francisco Chronicles Patricia Yollin in December 2006. People are more electronically connected and less humanly connected, opined our great psychic. And if that general piece of advice wasnt enough, Celente also took the time to badmouth public displays of affection, pointing out how unacceptable it was to put PDA in techno jargon. Perhaps Celente confused PDA with another type of PDA, but what he didnt seem to tell the reporter was that acronyms have existed long before the Internet.