The business of America is war, so a gold standard won’t help, Celente argues. However, he believes a gold-backed US dollar would give other countries a more stable reserve currency to deal with.

Celente thinks the private Federal Reserve is running out of cards to play, as they can’t lower interest rates anymore and QE3 would crash the dollar. Celente predicts the next game is war.

“You know who the real public enemy number 1 is? It’s Osama Bin Bernanke. This guy is devaluing the money in front of our eyes!”