While many Americans are outside enjoying the wonderful pre-summer weather, a slow motion, global disaster is continuing to unfold in the Gulf of Mexico.

Every day the Deepwater Horizon disaster grows in intensity.

The media keeps talking about the "oil leak." It is also described as an "oil spill."

Both terms are terribly misleading.

The terms "leak" and "spill" give the appearance that the oil that is escaping is doing so in a minor manner.

Nothing could be further from the truth.

This is not an oil "leak."

This is not an oil "spill."

This is an extremely high-pressure oil gusher of tremendous size.

Think of a volcano erupting and you'll have a better mental idea of the size and scope of this oil catastrophe.

British Petroleum, our government, and the mainstream media have all been hiding the real truth about this oil disaster and continue to lie to us on a daily basis.

My sources have been telling me this for weeks.

The most recent news reports are now admitting that in the worst case scenario, the oil flow may not be stopped until August.

Again, even though it is what we are being told, that is not the true "worst" case.

The true "worst case" is that the high-pressure oil keeps wearing away at the opening and that eventually a giant rupture occurs allowing billions of gallons of oil to escape in a very short period of time. This would lead to seawater entering the cavity and an explosion that could create a Tsunami as high as 80 feet.

Billions upon billions of gallons of oil released into the Gulf would be picked up by ocean currents and spread throughout the oceans killing everything in its path and creating massive dead zones.

That's much closer to the worst case.

Ending the oil flow in August is much closer to the best case, not the worst case.

This is a slow motion disaster that is going to have not just severe global ecological consequences, but severe global human consequences.

My sources report that the pressure of the oil gushing into the Gulf of Mexico is in the tens of thousands of pounds per square inch. Some estimates top 100,000 pounds per square inch. That is beyond human technology to contain.

We are not dealing with a simple leak. We are dealing with an epic "catastrophe."

If this disaster is not stopped by August (and my sources do not believe that it will be), we are looking at the following likely effects:

- mass exodus of the entire Gulf region, leading to:

- massive unemployment of the entire Gulf region

- a crash to near zero value for tens of billions of dollars worth of Gulf states real estate, leading to:

- further strain on the banking system and multiple large bank failures

- toxic rain as the toxins evaporate from the Gulf and get deposited across the Southeast, leading to:

- crop failures and rapidly escalating food prices

The ultimate cost of this disaster will reach into the trillions of dollars.

Neither BP, Transocean, nor Halliburton have enough cash, assets, or insurance coverage to compensate the global victims of this disaster.

You've been forewarned. The wise will take actions to protect themselves now, before the public realizes the true nature of this disaster and the stampede begins.