Are The Prophets Of Doom Right About Major War, $200 Oil, $2000 Gold And Dow 5000 By The End Of 2012?

Are the “prophets of doom” right? Is a major war going to erupt in the Middle East? Is the price of oil going to $200 a barrel? Is the price of gold going to hit $2000 at some point over the next two years? Is the Dow going to drop to 5000 by the end of 2012?  Right now there are some very respected financial experts that are making some absolutely stunning predictions.  Charles Nenner, Gerald Celente and Lindsey Williams are all frequent guests on popular television and radio shows and they are all forecasting very difficult economic times over the next couple of years.  So are they right?

Well, only time will tell.  But it really is quite alarming that so many experts with such long track records are warning of economic disaster.

So what exactly are some of these “prophets of doom” predicting?  Well, let’s take a closer look at some of them.

In this first video, Charles Nenner, a former technical analyst for Goldman Sachs, tells Fox Business that he is projecting that a major war will start some time around the end of 2012 and that the Dow is going to plunge all the way to 5000….

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