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Weekly News Wrap-Up 8.16.13

4By Greg Hunter’s

The big story is Egypt.  The military coup that removed President Morsi has turned violent.  More than 600 people have been killed in a violent clash between the Egyptian military and the Muslim Brotherhood.  The Brotherhood is vowing to fight to bring down the military.  (more…)

America is Detroit-Robert Kiyosaki

Rich Dad Poor Dad Author Robert Kiyosaki: I Do Trust GoldBy Greg Hunter’s 

“Rich Dad/Poor Dad” author Robert Kiyosaki says, “I am terrified for my fellow human beings.  Detroit just declared bankruptcy, and most Americans have no idea what that means.  The idea that Detroit went bankrupt is the canary in the mine. . . . It means the end of the industrial age.”  (more…)

Obama Care-Absolute Abomination will Collapse Under its Own Weight-Rick Ackerman

Rick hed shotBy Greg Hunter’s 

Trader/analyst Rick Ackerman is feeling a little less nervous about the negative effects of Obama Care.  Ackerman contends, “I think, at this point, we’re blessed with a package that is such a bloated abomination that it’s going to collapse under its own weight.  It seems pretty obvious the program simply won’t fly.”  (more…)

Weekly News Wrap-Up 8.9.13

4By Greg Hunter’s 

I am coming to you from the Midwest, and I have some good news to report on the crop front.  This year looks like it’s going to go much better than last year.  The corn is 10 feet tall in some places, and the soybeans are looking pretty good.  Last year, we had extreme drought conditions across most of the country.  (more…)

Chain Reaction of Breakdowns in Progress-Dr. Jim Willie

Jim Willie: Out of Control Chaos Coming to the United StatesBy Greg Hunter’s  

Dr. Jim Willie, Publisher of “The Hat Trick Letter,” says, “We’re leading up to a big event.  We are having breakdowns in numerous structural elements of the financial system.  We’re seeing a chain reaction of breakdown events in progress.”  (more…)

Two Big Housing Risks-Ending Fed Stimulus & Speculation-Professor Robert Shiller

Two Big Housing Risks-Ending Fed Stimulus & Speculation-Professor Robert ShillerBy Greg Hunter’s

Yale Professor Robert Shiller says, “People who were thinking about buying a house last year are kicking themselves.  Prices are up 12% in a year.  As the market tightens, the attractiveness diminishes, but it’s still attractive.”  Professor Shiller, who is one of the founders of the S&P/Case-Shiller Home Price Indices, sees two big possible headwinds for housing.  (more…)

Weekly News Wrap-Up 8.2.13

US Closing Embassies In the Middle East , Economy Killing Obama Care Law and MoreBy Greg Hunter’s 

The U.S. is temporarily closing embassies in several countries around the Middle East for what is being reported as an al-Qaeda threat.   The State Department says these are just “precautionary steps.”  Embassies involved are in countries such as Israel, Qatar, Egypt and many others.  It must be a pretty widespread threat to close this many at one time.  I find it bizarre we are closing embassies because of some sort of al-Qaeda threat and, at the same time, we are arming al-Qaeda backed rebels in Syria. 


Old System Struggling and Dying-Catherine Austin Fitts

7By Greg Hunter’s 

Money manager Catherine Austin Fitts says, “You are seeing a tug of war between the new system that’s coming up and the old system that’s struggling and dying.”  Fitts explains it by saying, “Let’s pretend we have a company called USA, and we create a new company called Breakaway Civilization.  We move all of our assets out of USA and put them in Breakaway Civilization.  We leave union obligations and pension funds . . . in the old USA economy.”  (more…)

Gold and Silver: Load the Boat-Back Up the Truck-Peter Schiff

th_PeterCutoutGreg Hunter’s 

For anyone who sold physical gold in the current precious metal downturn, money manager Peter Schiff says, “There’s going to be a big problem because the gold they sold on the way down isn’t going to be available on the way back up because the people who own it aren’t going to sell it at any price. . . . This is the time to load the boat, to back up the truck.”  (more…)

Weekly News Wrap-Up 7.26.13

4By Greg Hunter’s   (Corrected and updated)

The top story concerns the Middle East ratcheting up the possibilities of an intensified war in Syria.  Top U.S. military officer General Martin Dempsey warned Congress about the “unintended consequences” of employing some of the military options that are being talked about.  Dempsey expressed concerns over arming al-Qaeda backed rebels and the fallout of weapons that could be used later against the U.S. and its allies.  (more…)

U.S. a Lawless State-Paul Craig Roberts

4By Greg Hunter’s 

Former Assistant Treasury Secretary Paul Craig Roberts says, “The country is not being run by the President.  It is being run by spy agencies and private interest groups, Wall Street and military security complex . . . They run the country.  The President is a puppet, a figurehead.”  (more…)

Complete Wipeout of all Debt Coming-Bix Weir

Bix Weir: Fed is Printing Money to Control the Price of GoldBy Greg Hunter’s

Bix Weir is a tireless advocate for manipulation-free gold and silver markets.  Weir says, “They are printing money, and the reason to control the price of gold is to control the perception the U.S. dollar is a sound currency.”  The manipulation game is not going to go on much longer.   (more…)

Weekly News Wrap-Up 7.19.13

4By Greg Hunter’s 

Fed Chief Ben Bernanke testified in front of the House and Senate this week about the economy and money printing.  The headline in USA Today says it all, “Fed Help Won’t Fade.”  Remember, this is $85 billion in bond buying each and every monthThat’s $45 billion in Treasury bonds and $40 billion in sour mortgage debt.  I call it the fraud and mistakes of big banks. Why doesn’t anyone in Congress ask which banks are getting $40 billion each and every month?    (more…)

Inflation Like the 70’s but on Steroids-Chris Casey

Chris Casey: Inflation But On Steroids is Coming – Worse than the 1970’sBy Greg Hunter’s 

Wealth manager Chris Casey says, “The bust is the eventual end and, quite frankly, it has to occur based on what the Federal Reserve has done over the last five or six years.  I would envision it’s going to be like the seventies, but on steroids.”  As far as timing goes, Casey goes on to say, “Whether it’s in the next 12 months or the next 3 years, I can’t really say for sure . . . (more…)

An Economic Collapse that is Going to be Worse than 1929: Karl Denninger

Karl_Denninger_Interview_Financial_Crisis_2012By Greg Hunter’s 

Employers are cutting full-time employees back to part-time to avoid the requirement of providing health insurance under Obama Care.  Trader Karl Denninger says, “As the Obama Administration runs against the economic reality of what they passed, they are now trying to find ways to dodge it. . . . (more…)