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Dollar on the Brink of Disaster-John Williams

WILLIAMS_092_wade.JPGBy Greg Hunter’s USAWatchdog.com  (Early Sunday Release)

Economist John Williams has a dire prediction for the U.S. dollar.  Williams says, “I don’t see what will save it at this point. . . . Now we are to the point that the dollar has been ignored for years.  The federal deficit has been ignored for years. . . . That’s what we are on the brink of disaster with, and that is what has to be addressed now, and that’s not happening.”  Williams also contends, “The way I see it, the dollar could go to zero in terms of its purchasing power.  You don’t want to have your assets in U.S. dollars.”    (more…)

Weekly News Wrap-Up 5.16.14

4Greg Hunter’s USAWatchdog.com

Numerous wildfires are engulfing parts of California.  In one county alone, in the southern part of the state, fire has burned nearly 10,000 acres.  Some lifelong residents say they have never seen it this bad.  Think this won’t affect you if you live elsewhere?  Think again.  This is really the side effect of a much bigger problem—extreme drought in the western part of the U.S.  (more…)

Fed Laundering Treasury Purchases to Disguise What’s Happening-Paul Craig Roberts

Dr. Paul Crag Roberts: Belgium and US Treasury DebtBy Greg Hunter’s USAWatchdog.com 

In his latest article, former Assistant Treasury Secretary Dr. Paul Craig Roberts says, “The Fed is the great deceiver.”   Why is he making this shocking accusation?   The reason is tiny Belgium’s whopping purchase of $141 billion in Treasury bonds earlier this year.   Dr. Roberts explains, “We know that Belgium didn’t have any money to buy $141 billion worth of bonds over a three month period.  That sum comes to 29% of the Belgium GDP.  So, they don’t have a surplus in their budget that is 29% of their GDP, and they don’t have trade or current account surplus in that amount.  In fact, everything is in the red.  (more…)

War Cycle-Europe Absolute Disaster Zone-Martin Armstrong

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

Renowned analyst, Martin Armstrong contends the financial markets run in cycles, and “confidence will always outweigh reality.”  Armstrong clarifies, “It’s basically what you believe.  There have been all sorts of studies on fundamentals that say if interest rates go up, stocks go down.  It is simply not true.  (more…)

Weekly News Wrap-Up 5.9.14

Russian Bombers Off California, Benghazi Scandal and MoreBy Greg Hunter’s USAWatchdog.com 

The Ukraine crisis is spidering off in ways no one dreamed of a few months ago.  Even though Russia says it is backing off, the economic and psychological war is intensifying.  Big headline in USA Today says “Putin Diffuses Tensions in Ukraine Crisis.” Putin says it is backing some troops off from the border, but NATO says there is “no evidence of withdrawal.”  My sources say Russia will not do an overt invasion; it will just let Ukraine sink into chaos.  (more…)

Dr. Jim Willie-Russia May want Gold Not Stinking Dollars

Dr. Jim Willie: Gold Update, Russia and Ukraine, Janet Yellen & MoreBy Greg Hunter’s USAWatchdog.com

Financial newsletter writer, Dr. Jim Willie, thinks the Ukraine crisis is more of a financial war than a shooting war.  Dr. Willie says, “A couple of months ago, I said, ‘Give it time and the whole nation would sink,’ and the Putin strategy would be to create a standoff militarily, maybe some skirmishes, but let the nation sink.  It’s been raided of its gold and raided of its official government funds; and, now, the energy companies are in there doing fracking.  I think what is happening now is we are starting to see the breakdown.” (more…)

Catastrophic Meltdown Coming to America-Doug Casey

Doug Casey

By Greg Hunter’s USAWatchdog.com 

Investor/author Doug Casey says most Americans are ill-prepared for what is coming.  Casey explains, “This huge recession that started in 2007, and the bottom was 2009 and 2010, has cyclically recovered.  So, people think it’s going to be happy days again, but it’s not.  The way the government engineered this recovery is by creating trillions in currency units, and as we speak, they are creating $55 billion a month more by buying government bonds and mortgage securities.  All of this paper money which is currently sitting in banks, at some point, is going to wash over the U.S.  You’ll see very high levels of inflation.  It’s going to be quite catastrophic.”   (more…)

Weekly News Wrap-Up 5.2.14

Benghazi Cover-Up Email, Ukraine News, Israeli-Palestinian Peace Talks adn More!By Greg Hunter’s USAWatchdog.com 

There is a new revelation in the Benghazi, Libya, tragedy where four Americans were murdered in a terror attack on September 11, 2012.  An email has surfaced that some are calling a “smoking gun” because it lays out the talking points to U.N. Ambassador Susan Rice in prep for the Sunday talk shows.  Rice said the attack was motivated by a protest because of an anti-Islamic video.  There was no protest, and the video did not cause an attack.  (more…)

Sanctions Are Not Going to Hurt Russia At All-Jim Rogers

12By Greg Hunter’s USAWatchdog.com 

Renowned investor Jim Rogers thinks the Ukraine crisis is a big negative for the U.S.  Rogers says, “It’s certainly not helping the United States.  This whole thing in the Ukraine started when the U.S. instigated a coup.  We have our own diplomats on the phone talking about instigating a coup.  We instigated a coup and the Russians naturally reacted.  I mean, if Russia instigated a coup in Canada, I assure you the U.S. would have reacted.  So, Russia reacted, and now he’s (Obama) gotten us into a situation where we’re doing something and they’re doing something; and, of course, this is pushing Russia and China closer together, Russia and other countries closer together, and I don’t know what we’re getting out of it except another embarrassment.”  (more…)

Gold Backwardation Like This Has Never Happened in History-James Turk

10By Greg Hunter’s USAWatchdog.com 

Gold expert James Turk says the Ukraine crisis can affect the price of gold. Turk says, “Whenever there is global tension, people go to safety, and one of the greatest safe havens of all-time has been gold.  It’s been money for 5,000 years, and it’s still money and still a safe haven because it’s money that doesn’t have counter-party risk. . . .  Gold does respond to geopolitical tensions, and I must admit the situation in Ukraine is getting more serious.  (more…)

Weekly News Wrap-Up 4.25.14

Eastern Ukraine and Russia Update & More: Weekly News Wrap-Up 4-25-14By Greg Hunter’s USAWatchdog.com 

Last week, I told you the deal reached on the Ukraine crisis would be “extremely temporary.”  That was on Friday, and by Easter Sunday, there was bloodshed and the deal was off.  Now, the pro-West Ukrainian officials announced the resumption of its anti-terror program against the pro-Russian militia in Eastern Ukraine.  (more…)

Fed Knows LIBOR Rate Rigging is a Criminal Conspiracy-Ellen Brown

Fed Knows LIBOR Rate Rigging is a Criminal Conspiracy - Ellen BrownBy Greg Hunter’s USAWatchdog.com 

Journalist Ellen Brown thinks one of the biggest banker frauds on the planet is the rate rigging of the London Interbank Offered Rate, or LIBOR.  Hundreds of trillions of dollars’ worth of interest rates are set off of LIBOR globally.  Many claim in court they were cheated, and that includes the FDIC.  Brown says, “The FDIC suit is different from the others.  Most of the previous suits were about anti-trust and RICO, which is racketeering and are federal claims. . . . It involves 16 of the world’s largest banks that Professor Bill Black called the largest cartel, and illegal cartel, in history . . . clearly a criminal conspiracy.”   (more…)

True Scale of Dollar Ponzi Scheme Becoming Apparent-Rob Kirby

True Scale of Dollar Ponzi Scheme Becoming Apparent-Rob KirbyBy Greg Hunter’s USAWatchdog.com 

Financial expert Rob Kirby says global central bank fraud is propping up the economy.  Kirby contends, “The amount of fiat money that has to be created on a go forward basis rises exponentially over time.  So much, much money is being created whether the Fed says they are ‘tapering’ or the Fed says they’re not ‘tapering’ is irrelevant to what is really happening.  The money is being created, and they have to find places to hide it.  (more…)

Weekly News Wrap-Up 4.18.14

4By Greg Hunter’s USAWatchdog.com 

A deal has been reached over the Ukraine crisis, and that will supposedly “de-escalate tensions and restore security.”  This deal is between the EU, U.S., Russia and Ukraine.  I guess this is good news, but I would call it extremely temporary.  This is supposed to lead to disarming the pro-Russian militia and returning control of government buildings in Eastern Ukraine.  (more…)

Nomi Prins Author of “All the Presidents Bankers“ on Upcoming Collapse

Nomi PrinsBy Greg Hunter’s USAWatchdog.com

Best-selling author Nomi Prins warns, “Never before have the Government and the Fed collaborated so extensively by propping up the banking system to the detriment of the population.”  Prins lays out a long history of the relationships between U.S. Presidents and bankers that date back to Teddy Roosevelt and JP Morgan.   On her new book titled “All the Presidents’ Bankers,” Prins contends, “That connection with Teddy Roosevelt was a very powerful established entity between two people that has allowed all this stuff that has happened in the last hundred years to really happen.  (more…)