Interviews 02
Interviews 02
March 20, 2026

Gerald Celente: Trump Already Losing the Iran War

Quick Read

Gerald Celente asserts that Donald Trump's new war in the Middle East, launched under false pretenses and driven by personal ego and external influence, is already failing and poised to trigger the 'greatest depression' in modern history.
Trump's 'opinion' justified a new Middle East war, contradicting his peace campaign and disregarding international law.
The war is driven by pro-Zionist influence and personal financial interests, not national security.
The conflict will trigger a 'greatest depression' with oil prices soaring and global markets crashing.

Summary

Gerald Celente, speaking on March 20, 2026, vehemently criticizes Donald Trump's administration, particularly its decision to launch a new war against Iran. Celente argues that Trump, despite campaigning on peace, initiated the conflict based on a personal 'opinion' that Iran would attack first, displaying a disregard for international law and the US Constitution. He frames Trump as a 'narcissistic, arrogant' leader influenced by powerful pro-Zionist donors and family ties, such as Jared Kushner's alleged negotiations with Iran and financial dealings with Saudi Arabia. Celente predicts severe economic consequences, including Brent crude surpassing $100-$130 a barrel, a global equity market crash, and 'dragflation' leading to the 'greatest depression' if the war continues. He also accuses the media and financial institutions of rigging markets and suppressing dissent against the war and its economic realities, drawing parallels to historical US interventions in Iran driven by oil interests.
This analysis matters because it presents a highly critical, contrarian view of US foreign policy under the Trump administration in 2026, specifically regarding the Iran conflict. It highlights potential severe global economic repercussions, including a 'greatest depression,' and questions the motivations behind military actions, attributing them to political expediency, personal ego, and external lobbying rather than national interest. The discussion also critiques media narratives and alleged market manipulation, urging listeners to question official accounts and anticipate significant geopolitical and economic instability.

Takeaways

  • Trump launched a new war in the Middle East, contradicting his campaign promises of peace and ending 'forever wars'.
  • Trump justified the Iran attack based on his 'opinion' that Iran would attack first, rejecting international law and constitutional constraints.
  • The speaker alleges that Trump's foreign policy is influenced by significant donations from pro-Zionist figures like Sheldon and Miriam Adelson, and family ties like Jared Kushner's financial dealings.
  • The Iran war is predicted to cause Brent crude oil prices to exceed $100-$130 a barrel, leading to a global equity market crash and 'dragflation'.
  • Celente forecasts a 'greatest depression' if the war does not end soon, citing pre-existing global economic weaknesses in Germany, the UK, and the US.
  • The speaker claims financial markets, particularly gold and oil, are being 'rigged' to conceal the true economic dangers of the war.
  • He criticizes the media for acting as 'prostitutes' that only promote pro-war narratives and suppress dissenting voices.

Insights

1Trump's Contradictory Stance on War and Peace

Despite campaigning on promises to end wars and bring peace, Donald Trump initiated a new war in the Middle East against Iran. The speaker cites multiple instances where Trump declared his commitment to peace and non-intervention during his presidential campaign, contrasting them with his current actions.

Trump's quotes about ending the Ukraine war in 24 hours and bringing 'peace on Earth' during his campaign (-). The host's assertion that Trump has started a 'new war in the Middle East' (-).

2Trump's Disregard for International Law and Personal Morality as Justification for War

Trump justified the attack on Iran by stating it was his 'opinion' that they were going to attack first. He also declared that his 'own morality' and 'own mind' were the only limitations on his global powers, explicitly stating, 'I don't need international law.'

Trump's quote: 'it was my... opinion that they were going to attack first' (-). New York Times quote from Trump: 'My own morality, my own mind. It's the only thing that can stop me. I don't need international law.' (-).

3Influence of Pro-Zionist Lobby and Personal Interests on US Policy

The speaker argues that US foreign policy, particularly regarding Israel and Iran, is heavily influenced by pro-Zionist donors and personal financial interests of those close to the administration. He points to significant donations to Trump's campaign and Jared Kushner's alleged financial dealings.

Trump received $100 million from Sheldon Adelson, leading to the embassy move to Jerusalem and recognition of Golan Heights (-). Miriam Adelson donated $250 million in a later election (-). Jared Kushner, Trump's son-in-law, engaged in negotiations with Iran and sought $5 billion for his private equity group, having received $2 billion from Saudi Arabia (-).

4Severe Economic Consequences of the Iran War

The ongoing war with Iran is predicted to trigger a global economic catastrophe, including a significant spike in oil prices, a crash in equity markets, and a 'greatest depression.' This is compounded by pre-existing global economic weaknesses.

Prediction that Brent crude will go above $100 a barrel, possibly over $130, leading to equity market crashes and global economic downturn (-). The speaker states the economy will experience 'dragflation' (-) and become the 'greatest depression' (-). Mentions Germany in recession for 2 years (-) and negative GDP growth in the UK (-).

5Alleged Manipulation of Financial Markets and Media Narratives

The speaker claims that financial markets, particularly gold and oil, are being artificially manipulated to hide the true economic dangers of the war. He also asserts that mainstream media acts as a propaganda arm, suppressing dissenting voices and promoting pro-war agendas.

Gold prices spiked after the war began but were driven down by Trump's claims of victory (-). JP Morgan Chase was fined $920 million for rigging precious metals markets (-). CNBC featured Steve Eisman, who celebrated Gaza's destruction, to downplay the war's economic impact (-). The media 'don't have anybody on talking about peace' (-).

6Historical Context of US/UK Intervention in Iran for Oil

The speaker provides historical context, asserting that the US and UK have a history of intervening in Iran for oil interests, specifically citing the 1953 overthrow of democratically elected Prime Minister Mohammad Mosaddegh.

The CIA and MI6 overthrew Mohammad Mosaddegh in 1953 because he nationalized Iranian oil, stating it belonged to the Iranian people, not Anglo-Iranian Oil (BP) or Standard Oil (ExxonMobil) (-). Telegrams between Winston Churchill and Kermit Roosevelt discussed overthrowing Mosaddegh to 'get the oil back' (-).

Quotes

"

"My own morality, my own mind. It's the only thing that can stop me. I don't need international law."

Donald Trump (quoted by Celente)
"

"When I feel it, when I feel it in my bones."

Donald Trump (on when the war will end, quoted by Celente)
"

"It takes money to kill bad guys. So we're going back to Congress and our folks there to to ensure that we're properly funded for what's been done uh for what we may have to do in the future."

Pete Hegseth (US Secretary of War, quoted by Celente)
"

"Jewish American fund manager Steve Eisman says he is celebrating Gaza destruction."

Middle East Eye (quoted by Celente)

Q&A

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