End of the Road Rush to Hard Assets-Fabian Calvo…”the looting of the country is literally happening right now.”
By Greg Hunter
18 NOVEMBER 2013
Real estate expert Fabian Calvo says, “Is real estate a manipulated market that will eventually go bust and collapse? Yes, it will . . . but these guys talking economic collapse are buying real estate because they know it’s the end of the road rush to hard assets.” Calvo says the housing bubble is going to continue to be re-inflated with cheap government money. Calvo predicts, “After 2014, mark my words; you’ll be seeing that ramping up to unprecedented levels that will make the sub-prime look like nothing.” Calvo goes on to say, “There is literally an ‘Obama Loan’ which is completely unprecedented. Can you imagine if there was a ‘Ronald Reagan Loan’? This is insanity. . . You’re going to see the federal government take over a large portion of the housing market.” Calvo says, “People doing multi-billion dollar deals on a monthly basis all recognize the dollar will lose its world reserve currency status. All of them agree it’s going to happen probably sooner than later.” According to Calvo’s hedge fund sources, the Fed is printing way more than $85 billion a month to prop up the economy. Calvo contends, “The guys I talk to are in closed door meetings with Fed chiefs, and they’re telling me it’s closer to $125 billion a month . . . the looting of the country is literally happening right now.” Join Greg Hunter as he goes One-on-One with Fabian Calvo of TheNoteHouse.us.