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

Resource analyst and futurist Chris Martenson says, “I’d rather look stupid now than look stupid later.” Martenson thinks the stock market rise since the last crash is mostly manufactured by central banks.  Martenson explains, “What in the heck is going on is real simple.  We have central banks who have now taken over everything in the markets.  Let’s be clear, markets go up when they are really well supplied with liquidity.  We have $200 billion or more a month coming into these markets  . . . these central banks are dumping $200 billion, sometimes as much as $250 billion a month into the markets.”

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By Greg Hunter’s USAWatchdog.com (WNW 285 5.26.17)

Former CIA Director John Brennan testified on Capitol Hill this week and told Congress that he was “concerned” and “aware of information and intelligence that revealed contacts and interactions between Russian officials and . . . the Trump campaign.” The big headline buried in the mainstream media (MSM) reporting was Brennan admitting in the same hearing, “I don’t know whether or not such collusion . . . existed. I don’t know.”  That means there is still zero evidence that anyone in the Trump campaign colluded with the Russians.  The “Witch Hunt” continues. 

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By Greg Hunter’s USAWatchdog.com 

Forensic macroeconomic analyst Rob Kirby thinks the U.S. dollar is in big trouble. He says the tip-off is skyrocketing crypto currencies such as Bitcoin.  Kirby explains, “The rise of the crypto currency is an expression of the rejection of the U.S. dollar as a store of value in international markets.  To back that statement up, I would only point to the four largest crypto currencies by market capitalization and what they have done in the last three months. . . . Bitcoin gets most of the press, and there is a good reason for that.  It is the biggest crypto currency by market capitalization at around a $34 billion market cap.  That $34 billion market cap has doubled in the last three months.  The three crypto currencies behind Bitcoin in market capitalization are Ethereum. . . . (more…)

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

Financial and geopolitical analyst Warren Pollock says that President Donald Trump has done one very big thing since he’s been in office, and that is he “exposed a gigantic ball of criminal corruption” in Washington. Pollock explains, “I think Trump did the American people a tremendous service.  First of all, he blocked the Republican criminals from taking the Presidency.  Look at Paul Ryan.  He had seven years to work on healthcare, and he’s obviously not interested in doing anything for the American people.  The entire panel of Republicans were just part of this great criminal enterprise.  One of them would get the Presidency, and he would have been just the latest criminal in charge of the country.  The same thing with the Democrats.  We had Trump blocking the Democratic criminals from taking the office of the Presidency.  (more…)

By Greg Hunter’s USAWatchdog.com (WNW 284 5.19.17)

You would not think the Associated Press and the New York Times would do a negative story against President Trump with an anonymous source and a document read to them over the phone, but that is exactly what they both did when they published a story on an alleged Jim Comey memo after he was fired as FBI Director. The Comey memo has yet to be seen by anyone in the media and Congress. (more…)

By Greg Hunter’s USAWatchdog.com

Analyst/trader Gregory Mannarino says America is in conflict with itself. Mannarino explains, “We have a President who gets it. He’s obviously not a socialist, and there is no doubt this man has the back of America. . . . There is a literal war going on right now between political parties here. This is a deliberate effort by some to destabilize our country, to bring America to its knees from the inside. They want to basically throw this country into some kind of third world situation, and I don’t think it’s going to happen. I think there are too many people on the opposite side of this trade that want to see America succeed.”

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By Greg Hunter’s USAWatchdog.com “Early Sunday Release”

Money manager Michael Pento sees records being set in the financial markets. but not in a good way. Pento explains, “Let’s be positive here.  I don’t root for bad things to happen.  So, for the first time in history, we’re going to have bubbles that don’t pop?  Does that make any sense to anybody?  This is the first time in history we have a record level of debt and a record distortion in asset prices.  Again, a record amount of debt that, by the way, is 300% of global GDP.  That’s $230 trillion, and that’s supposed to turn out just dandy?  I don’t believe it.”

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By Greg Hunter’s USAWatchdog.com

(WNW 283 5.12.17)

Just like on Trump’s hit TV show, the words “you’re fired” hit FBI Director James Comey like a ton of bricks. President Donald Trump fired Comey because the White House says the Trump Administration has “lost confidence” in the FBI Director.  Democrats, who asked Comey be fired because of the Clinton Email probe, are now outraged over the firing and want a special prosecutor for the so-called Russia collusion investigation.

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By Greg Hunter’s USAWatchdog.com 

Financial advisor Catherine Austin Fitts says if you want to have a really good economy, you have to “get rid of debt, crime and war.” Fitts says, “Instead of having more debt, more crime and more war, we need to get interested in shifting.  The President is getting very, very frustrated because he is in the machinery, and the machinery has no interest in changing.  If you look at what’s going on, it’s very dangerous.  Many of the people that got him elected are systematically being taken out.”

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

Sky high stock and bond prices have former Reagan Administration White House Budget Director David Stockman worried because we are on our way to a big financial crash. Stockman explains, “Yes, absolutely.  The market is insanely valued right now.  They were trying to tag, the robo machines and day traders, they were trying to tag 2,400 on the S&P 500.  They ended up at 2,399, I think, but the point is that represents about 25 times trailing earnings for 2016.  We are at a point in the so-called recovery that has already lasted 96 months.  It’s almost the longest one in history.  What the market is saying is we have reached the point of full employment forever.  There will never be another recession or any kind of economic surprise or upset or dislocation.  The market is pricing itself for perfection for all of eternity.  This is crazy. . . . I think the market could easily drop to 1,600 or 1,300.  It could drop by 40% or even more once the fantasy ends.  (more…)

By Greg Hunter’s USAWatchdog.com (WNW 282 5.5.17) 

All the economic data says the real economy is in big trouble, and it will not get better on its own. Factory orders tumble, automakers turn in negative results, and productivity is plunging all at the same time.  The Trump Administration knows this and cannot risk imploding the financial markets.  So, he choked down a $1.1 trillion spending bill that gave Democrats much of what they wanted.  Trump signed the bill to keep the government running until September to buy some time.  Trump will be putting together his first real budget soon, and that will take effect on October 1^st.  Trump got a big win today when the House of Representatives passed legislation that guts Obama Care and puts a new healthcare system in place.  The Bill now moves to the Senate for passage.

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By Greg Hunter’s USAWatchdog.com

Money manager Axel Merk has a lot of uncertainty to navigate these days between the extreme geopolitical risks, such as China’s neighbor, North Korea, and heavy debt loads that are ballooning budget deficits. Merk says, “It’s amazing.  If you are not confused, you are probably not paying attention.  I am very worried when asset prices are very expensive, what’s going to happen to them.  The thing I am most worried about is how a trade war might derail things.  I don’t think a trade war is going to happen because of a border tax. . . . I think it’s going to happen because the Chinese are going to feel bullied or pushed by the Americans. (more…)

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

Financial expert Mike Maloney says what is going on in the economy is like a mass mental illness, especially when you consider the geopolitical risks and extreme valuations across the board. Maloney explains, “We have a stock market and real estate market and a bond market that are all insane.  We’ve got this crazy world where everything is at these valuations that are just impossible things.  That will cause a peak, and we are at a point where we are way overdue for a recession.  Recessions occur every four and a half years on average.  Just two months ago, this became the third longest expansion in U.S. history. (more…)

By Greg Hunter’s USAWatchdog.com  (WNW 281 4.28.17)

Secretary of State Tillerson and other top U.S. officials have issued a dire warning on North Korea. In a press release this week, the Trump Administration says, “North Korea’s pursuit of nuclear weapons is an urgent national security threat and top foreign policy priority.”  This release was issued after a White House briefing to 100 Senators that detailed the possible threat.  Another ominous sign was the test firing of an unarmed ICBM at Vandenberg Air Force Base in California.  Meanwhile, North Korea has been making provocative videos showing a military nuclear strike on the United States and also a live fire drill with North Korean artillery.  Many of North Korea’s artillery can easily reach Seoul, South Korea.

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By Greg Hunter’s USAWatchdog.com 

Financial writer Craig Hemke is looking beneath the pie in the sky high stock market to the shaky foundation that is trying to hold up the so called “Trump Bump.” Hemke says the “generally accepted narrative” is failing and points out, “If we go back a couple Fridays ago, the March employment report was terrible.  It was something like 88,000 jobs.  The latest other data on inflation is coming in negative, not just below expectations, but negative inflation.  So, this whole generally accepted narrative is crumbling.  The other part of it was higher interest rates and a stronger dollar.  The dollar is down 3% or 4% year-to-date.  So, that ain’t working too well.  (more…)