Wednesday, September 22, 2010
Doug Casey and Gerald Celente: Collapse Coming Soon!
Editor: Reginald Kaigler
Gerald Celente took no prisoners when he visited The Gary Null Show on September 20th, 2010. He hit on the banker bailouts, the failed stimulus and what he describes as the DEPRESSION. Meanwhile, the Queen of England apparently used poverty funds to heat the Royal Palace. The UK's Independent claims ministers of Parliament were ask if money reserved for hospitals and low-income families. Keep in mind that British taxpayers already give £38m to the Royal Family every year. Fortunately, she didn't get the cash.
\Speaking of cash, the dollar is declining against gold and silver. Doug Casey describe the current economic situation as the eye of the hurricane. Casey explains,
"At the moment we're in an economic twilight zone or, if you wish, the eye of a hurricane. There is apparent stability in the economy. The stock market's high. The bond market's high. Only the real estate market is in visible trouble. Retail prices are level; they're not going up and maybe they're even going down in some cases. This is a temporary situation. We will inevitably -- and soon -- hit the other side of the storm. At some point those trillions of dollars created by the U.S. government -- and many other governments around the world have created trillions of currency units -- are going to have an effect. When will that be? The timing is uncertain. But I think it's going to be soon."
Doug Casey's Warnings
Queen tried to use state poverty fund to heat Buckingham Palace