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Financial Forecasts

In the first half, analyst Craig Hulet offered commentary on current events, terrorism, and world conflicts. "It looks to me unbelievably clear that money is going to buy the presidency, and Jeb Bush will be the next president," he declared.

In the latter half, broadcast and print journalist Gary Grossman discussed his research into the chasm between deep time (the scientific estimate that Earth is 4.6 billion years old) and a young Earth (the claim that the planet is only 7-8,000 years old put forth by some religious groups), which serves as the backdrop for his new novel.

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Financial Forecasts

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Date: Wednesday - May 26, 2004
Host: George Noory
Guests: Robert Chapman

Editor and publisher of International Forecaster, Robert Chapman, shared his bleak financial predictions. The global elite, pushing for a "one world government" are "deliberately destroying the American economy," he said, and he believes they are accelerating their timetable because more people are becoming aware of their agenda.

Chapman foresees the real estate market taking a severe downturn, with housing on the average being worth 35% less than its current value. While the Dow may be manipulated into rising to 13,000 t0 14,000 before the election (to help the incumbent), within a year it will drop down to around 7,000 and could eventually sink as low as 3,000, he said. The time frame for this severe depression is around 2006-2007, he noted.

He advised people to get rid of debt, and to get out of the stock market before the election. Safe investments he mentioned were in Euro-based treasury paper and gold and silver.

Bumper Music

Bumper music from Wednesday May 26, 2004

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