Macro financial expert Doug Casey contends, “I think the Depression has already started, and I call it the Greater Depression because it’s going to dwarf what happened between 1929 and 1946. It’s already started. We are just in the eye of the storm, but we are leaving that now. What should the average person do right now? You’ve got to liquidate right now, while it’s still possible. You should get rid of things that you don’t need . . . have a yard sale and get rid of stuff you don’t need and generate cash for it. That’s number one. The average guy should buy gold. Don’t keep your savings in a bank. Store it in gold coins . . . or silver coins . . . Silver is volatile but has a much bigger upside than gold.”
Jeff Nielson is back to discuss Friday's absurd jobs report and the hardcore reality about the US debt ceiling, the Dollar and hyperinflation: "Increasing the money supply is inflation. A hyperbolic increase in the money supply is BY DEFINITION "hyperinflation". The Federal Reserve has already hyperinflated the US Dollar, It's a past tense. Nothing can prevent it, it's already been done."