Gerald Celente on the Smoking Gun Behind MF Global

Click here for transcript

In this segment, Jim interviews Erik Townsend and Gerald Celente about the MF Global debacle, as well as ongoing risks to commodity and futures investors. Jim continues to assess the US debt situation in a Big Picture segment, "The Best Looking House in a Bad Neighborhood." Jim also takes more of your Q-calls in this segment.

Erik Townsend is a Private Investor based in Hong Kong. He was a successful American technologist and entrepreneur in the 1990s technology boom, and retired from the software industry in 1998 after selling a company that he founded in 1991. After a short hiatus to pursue personal interests, he re-invented himself as a full-time private investor with a macroeconomic investing strategy.

Founder of The Trends Research Institute in 1980, Gerald Celente is a pioneer trend strategist. He is author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and Trend Tracking: The System to Profit from Today's Trends (Warner Books). Gerald Celente's on-time trend forecasts, vibrant style, articulate delivery and vivid public presence makes him a favorite of major media.