In the first half, investment banker and risk manager James Rickards discussed why he believes the coming collapse of the dollar along with the international monetary system is foreseeable, and how the average person can prepare. The recent drop in oil prices, from $100/barrel to $65/barrel in just a few months is one of the fastest and steepest in decades and was likely engineered by Middle East countries such as Saudi Arabia to push out the boom in fracking, he noted. But while consumers will enjoy the relief in prices at the pump, oil exploration and drilling companies have spent trillions in their efforts, and most of this investment was financed with junk bonds and stock that assumed high oil prices. Much of that debt cannot be repaid, and many of these companies will go bankrupt, producing massive stock and bond losses rivaling the subprime mortgage crisis of 2007-2008, he warned.
The biggest threat to average Americans is inflation which destroys the real value of the dollar, and particularly hits people hard who are living on a fixed income, Rickards stated. He outlined issues affecting gold prices, and how various countries are asking to have their gold removed from storage in the Federal Reserve, and returned to their homelands. While he considers gold a good investment, he recommended that people diversify their assets. Having some cash on hand is a good idea, he added, because investment bargains may arise.
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In the latter half, ET expert and private investigator Derrel Sims shared evidence for alien abductions, and implants. Alien implants have been found to come in a variety of sizes and shapes. Sims said he himself had an alien implant placed through his nose when he was 12 years old in 1960 during an abduction episode. The implant was a silver sphere about the size of a BB. Another implant, associated with the mass abduction of 8 people, was a tiny egg-shaped object believed to house a biological cameram, he recounted. The implants are not for tracking-- the aliens already know where we are, he remarked. Rather, their purpose is to leave a kind of signature that affects a person's neural chemistry, he suggested.
The aliens themselves could be viewed as a kind of implant, Sims continued, in that they are a manufactured species, sent by other intelligent beings to interact with us on our planet. He spoke about his discovery of the fluorescence phenomena associated with abductees-- how strange stains appear on their skin when exposed to black light. Now, for the first time he is embarking on the DNA testing of abductees who may exhibit scoop marks, missing tissue, implants, and fluoresced tissue. Bizarrely, some of the first testing showed something like shoots of a plant coming out of an animal cell, he revealed.
News segment guests: Catherine Austin Fitts, Steve Kates