With George Noory
Live Nightly 1am - 5am EST / 10pm - 2am PST
Meltdown: The Economy & Oil - Shows

Coast Insider

Not a member? Become a Coast Insider and listen to the show 24/7
Advertisement

Coast Insider

Not a member? Become a Coast Insider and listen to the show 24/7
Advertisement

Last Show Recap

Meltdown: The Economy & Oil

Registered pharmacist Ben Fuchs shared the latest in health information and treatments, as well as current trends in medicine, and the good vs bad of diet fads.

Last hour guest, astro-economist Mitchell Scott Lewis discussed the astrological connection with the Shemitah 7-year cycles, as well as Saturn cycles, and what we might expect in financial markets now and in the years ahead.

Upcoming Shows

Sat 09-05  Bigfoot in British Columbia Sun 09-06  Other Side Messages/ ET Encounters Mon 09-07  Financial Outlook/ Cryptozoology Tue 09-08  Candidate Timetraks Wed 09-09  World Instability/ Telepathy & NDEs Thu 09-10  TBA
Fri 09-11  Border Patrol Tales/ Open Lines

CoastZone

Sign up for our free CoastZone e-newsletter to receive exclusive daily articles.

Meltdown: The Economy & Oil

Show Archive
Date: Thursday - July 3, 2008
Host: George Noory
Guests: Gerald Celente, Matt Savinar, Don Ledger, Catherine Austin Fitts

In a special program looking at issues surrounding oil & the economy,trends analyst Gerald Celente appeared for the full show. He was joined by investment advisor Catherine Austin Fitts in the third hour, and oil expert Matt Savinar in the last hour.

The dollar has lost 41% of its value during the Bush administration, and we're going to see company failures so big they won't be able to be bailed out, like Bear Stearns, said Celente. He cited the Federal Reserve, which functions as a private company with no congressional oversight, as one of the major problems. Predicting food & gas riots, as well as tax revolts, Celente suggested diversifying your savings among a number of banks, if you have more than $100,000.

Catherine Austin Fitts commented that the demise of Bear Stearns may have been a hit job, "cannibalized" for the good of other finance companies. There is an effort underway to centralize the economy and shift assets away from local communities, she warned. Fitts described these efforts as "economic warfare" being conducted on a global scale that is fostered by technology and "invisible weaponry," such as satellites. The US economy is purposely being "pumped and dumped," she noted.

Matt Savinar said global oil supplies have plateaued, and with lessening oil reserves it becomes increasingly expensive to bring up the remaining oil. Prices will continue to skyrocket upwards, he suggested, as we enter the down side of "peak oil." Tapping unused reserves in the United States and Canada will only postpone the problem for a short time, and the theory of abiotic oil is a kind of misinformation, Savinar argued. The oil crisis is an "economic 9-11," and we're going to see a crash worse than the Great Depression, Celente added.

Shag Harbour Incident

First hour guest, investigator Don Ledger recounted the Shag Harbour UFO Incident which took place in Nova Scotia in 1967, and involved a large craft crashing into the water. Divers later described "creatures, not of this world" moving between two oval-shaped objects underwater, he said. The Shag Harbour UFO Festival will take place this August 8-9th.

Bumper Music

Bumper music from Thursday July 03, 2008

  • One
    Three Dog Night
Advertisement