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Greece Debt Crisis Cannot Be Contained-Bill Holter

Bill Holter Warns About Gold and a Big US Dollar Reset Coming Sooner Than Later! By Greg Hunter’s USAWatchdog.com 

Financial writer Bill Holter says you can forget what the experts says about “containing” the Greek debt crisis.  Holter contends, “Contained is famous last words.  This cannot be “contained.”  Greece is the canary for the entire world.  The western world is Greece.  The western world is massively in debt.  There are derivative losses all over that place that are being hidden, and Greece is what sets off the realization that there are losses and the chain has broken.”

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WNW 187, Iran Navy Flees Yemen, Clinton Bribery Scandal, and Flash Crash Patsy

4By Greg Hunter’s USAWatchdog.com (4/24/15) 

There is some good news concerning the ongoing war in Yemen.  Iran cargo ships, possibly carrying arms and supplies, have turned around and are headed back to Iran.  Was it because of the USS Theodore Roosevelt carrier group?  You can bet on it.  I was worried that this would turn into a major international incident.  Why Yemen and other hot spots are not part of the Iran nuclear negotiations is beyond me.  (more…)

Strong Dollar is Black Swan-Rick Ackerman

Rick hed shotBy Greg Hunter’s USAWatchdog.com 

Trader/analyst Rick Ackerman says forget about the demise of the U.S. dollar anytime soon, Ackerman contends, “I have been totally bullish on the dollar for years, and it looks like clear sailing to me.  The dollar is certainly responding to what I would call economic fundamentals, even though bonds have been on this odd holding pattern for a while based on a wishy-washy Fed.  I see nothing but a strong dollar because if you look at the global derivative market, it implies a dollar long and a dollar short position. . . . The side that has to pay back in dollars is effectively short it.  So, we have this monstrous derivatives market, and some experts put it at a quadrillion and a half dollars, and it represents a huge short position on the dollar, and the squeeze is starting to happen now.”

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Over $100 Trillion in Wealth Will Disappear-Harry Dent

4By Greg Hunter’s USAWatchdog.com  (Early Sunday Release)

Best-selling author Harry Dent says the stock bubble we have today is the biggest in history.  Dent contends, “Now we’re in a third bubble, and each of these bubbles peaks at higher highs, and then they each crash to lower lows.  We’ve been looking for the Dow to peak right around here between 17,000 and 19,000.  So, we are right in the middle.  We are looking for an even bigger correction likely in late 2016 to 2017.  This whole thing has been in an artificial bubble. . . . We’d be in a depression right now if it were not for $11 trillion or $12 trillion free money printed out of nowhere.  (more…)

WNW 186-Senate Gets To Approve Iran Deal, Russia Sends Air Defense to Iran, Middle East Chaos Continues

4By Greg Hunter’s USAWatchdog.com  

Congress is going to get a say in the upcoming deal to curtail Iran’s nuclear program.  Congress has a veto proof majority they will require the President to allow Congress to give its approval.  Just this weekend, the President said that the “GOP had overstepped in foreign affairs” according to the AP.  Of course, that is preposterous; and, meanwhile, the AP continues to push the idea of a so-called “emerging deal.”  There is no deal, and with Congress now involved, there is going to be no deal.  (more…)

Drought Number One Emergency in California-Ellen Brown

4By Greg Hunter’s USAWatchdog.com

Author and attorney Ellen Brown says the drought in California is dire.  NASA recently said that California has just one year of water left.  Brown says, “It was just declared our number one emergency. . . .It’s pretty shocking what is happening.  It’s our fourth year of drought.  The Governor just declared that all the cities must cut back 25% in water usage. . . . The water districts are being fined $10,000 for going over, and you can get a $500 fine for doing a 10 minute shower instead of a 5 minute shower.  They have smart meters that can show specifically how long your shower was, which is kind of scary in itself.”

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Fall 2015 Turning Point-Civil Unrest and Riots-Martin Armstrong

4By Greg Hunter’s USAWatchdog.com  (Early Sunday Release)

Legendary financial analyst Martin Armstrong says the world is going to be hitting a major “turning point” this fall.  Armstrong says this is the end of a 300 year cycle and contends, “This appears to be a peak, as far as governments and bond markets are concerned, and from there, we are going to be turning down.  We are in a lot of trouble with most of these governments.  Our models say that by 2020, the amount of interest we pay . . . will exceed the entire defense budget.  So, this is pretty serious.”

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WNW 185-Iran Nuke Deal Falls Apart, Will Fed Raise Interest Rates, Economy Getting Worse

5By Greg Hunter’s USAWatchdog.com (4/10/15)

The deal to curtail Iran’s nuclear program is no deal at all.  How do I know this?  You just have to listen to the leadership in Iran.  The Ayatollah Khamenei has weighed in along with his subordinates, and they have said that the White House and the President are liars.  There is going to be no inspections of their military facilities, and they are not going to stop enriching uranium.  Also, the President said the sanctions would be lifted gradually as the Iranians complied with the deal, and Iran now says they demand sanctions be lifted at the signing of the deal; otherwise, there is NO DEAL.  They had me at “liar.”  (more…)

We’re Going to Step On a Mine before End of 2015-James Turk

James Turk #2By Greg Hunter’s USAWatchdog.com 

Renowned Precious metals expert James Turk thinks this fall is going to be trouble for the U.S. dollar.  Turk explains, “I think that is the time frame we should be looking for, and there are a couple of reasons for this.  Every five years, the International Monetary Fund recalculates the “Special Drawing Rights,” the SDR. . . The Chinese have been quite clear over the last five years that they want to be included in the SDR when the next rewriting comes, and the next recalculation is scheduled for September and October.  (more…)

Fed Rate Rise Would Smoke Derivatives-Bill Holter

4By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Financial writer Bill Holter says don’t expect the economy to get better anytime soon.  Holter says, “We’re probably in recession again . . . the economy has been quite weak.  It looks to me we could be breaking down in the stock market.  This is going to be a really critical week.”

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WNW-184- Iran Nuke Deal or No Deal, Russia Threatens Nuke War, 0% GDP Growth, California Drought

4By Greg Hunter’s USAWatchdog.com  (4.3.15)

Looks like the U.S. and the rest of the major countries negotiating with Iran have a framework for a deal to curtail Iran’s nuclear program.  Let’s not call it a real deal.  Why?  Because this is only a so-called “framework,” and lots has to be agreed upon before it’s a real deal.  There are two big problems:  they are inspections of known and unknown sites, and Iran doesn’t have to dismantle any of its nuclear facilities.  (more…)

Fed Will Be Forced Not to Raise Interest Rates-Reggie Middleton

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By Greg Hunter’s USAWatchdog.com

Financial expert and trader Reggie Middleton says the Fed is “going to be forced not to raise interest rates.”  Middleton explains, “If they do raise rates, money is going to fly into the dollar.  The dollar is going to become even stronger relative the euro and Asian currencies.  Then you are also going to have a lot of pressure on U.S. corporates because any international business is going to take a significant hit.”  (more…)

Middle East Revolution & Inflationary Depression Coming-Paul Craig Roberts

1By Greg Hunter’s USAWatchdog.com  (Early Sunday Release)

Former Assistant Treasury Secretary Dr. Paul Craig Roberts thinks the Middle East violence is going to get much worse.  Dr. Roberts contends, “Unless the Islamic State somehow collapses, you are going to see a new wave of revolutionary developments in the Middle East.  I suspect all the oil dictatorships will be overthrown because there is a tiny handful of people we installed there and they are mega-billionaires, and there isn’t anybody else that’s got anything. . . . I think they are all headed down the drain.”

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WNW 183-War in Yemen, Crazy Middle East US Policy, Iran Nuke Deal

4By Greg Hunter’s USAWatchdog.com  3/27/15

This Wrap-Up will try to make sense of the nonsensical, crazy U.S. Middle East policy. We start in Yemen. Saudi Arabia and Egypt are getting ready for an invasion of Yemen. Saudi Arabia has already been bombing key positions of Iranian backed terrorists (also known as Houthi rebels). It was little more than six months ago that the President called Yemen a success in terms of fighting terror, but now the government has imploded, and al-Qaeda backed terrorists are fighting for control of the country with Iranian backed terrorists. (more…)

We Are All Trapped-Alasdair Macleod

4By Greg Hunter’s USAWatchdog.com  

Finance and economic expert Alasdair Macleod sees a fragile global economy with many ways to crash.  Macleod starts in Europe with the euro currency, “We are looking at a currency which, at any moment, triggered by Greece or triggered by a butterfly in the jungle, could begin to unravel.  I actually think the lack of any history behind the euro is probably the worst thing that it has.  People can go off the euro incredibly quickly. . . . That is one area where it could happen. . . . Look what’s going on in Japan.  They are printing money, and its hyperinflation.  It is monetary hyperinflation which, at some stage, is going to be price hyperinflation.  It’s only a matter of time. . . .  I can’t find what’s good in the world.  (more…)