Mark 4: 24-25 NLT

For
everything that is hidden will eventually be brought into the open, and every
secret will be brought to light.
Anyone
with ears to hear should listen and understand.”
Then he added, “Pay close attention to what you hear. The closer you listen, the more
understanding you will be given
—and you will receive even more.
To
those who listen to my teaching, more understanding will be given
.
But for those
who are not listening, even what little understanding they have will be taken
away from them.”

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Sunday, July 17, 2016

Catherine Austin Fitts-The Debt Game Is Over - Greg Hunter


/ On the economy crashing this year, investment banker and former Assistant Secretary of Housing, Catherine Austin Fitts says, “Could we turn into a bear market? I think given the commitment to equity markets and given the willingness to debase the currency, I think the chances of that are relatively small this year. Next year, depending on what happens in the election, the gloves are going to come off globally about what’s been going on in the U.S. Anything could happen. That’s the danger if you are an investment advisor or an investor. The swings here is we could be up 30%, or we could be down 50%. A black swan could happen, so if you are an investor, you need to be prepared for very, very wide swings both up and down in prices in the equity markets. Here’s the important thing to remember. . . . We now have $12 trillion sitting in negative interest rates. Where’s all that money going to go? It can’t sit there getting nothing. It will have to go into real estate. It’s going to have to go into equity. It’s going to have to go to precious metals because it can’t sit there getting no or negative yields forever. . . . The debt game is over.”

On gold and silver, Fitts says, “Interest rates coming down makes gold and silver more attractive. I think the number one thing driving precious metals is you’ve still got growth going on in Asia, and they are buyers. People are afraid, and they are looking at what is going on with the leadership, and they are getting scared. They want to hedge their bets, and gold and silver is where you go when you don’t trust the system.”

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