By Greg Hunter’s USAWatchdog.com

Near the beginning of this year, legendary investor Jim Sinclair and his business partner Bill Holter said the reset would start in June. Is the recent jump in gold prices confirming this? Sinclair says yes and predicts a two-tier reset in the next few years. . . . The first will be a devaluing of the dollar. Sinclair explains, “The reset has already started. . . . The only thing holding up the dollar is its universal use as a contract settlement mechanism in Russia and China and everywhere else, and that simply is not happening anymore. . . . The dollar is going lower. . . . In the first reset, the dollar will get sliced in half.  (more…)

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

Financial writer Bill Holter and renowned gold and financial expert Jim Sinclair warned last summer there were big problems coming in the global financial system. Today, Sinclair says, “We destroyed everything. We not only destroyed the financial markets, we destroyed society. I’m going for June of this year. The reset button gets reset after a few days of a flash crash that can’t be stopped. We’re flash crashing to hell, piece by piece by piece, until all of a sudden, the motion of the entity cannot be stopped.”

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

Renowned gold and financial expert Jim Sinclair and financial writer Bill Holter are sounding the alarm now on global financial markets starting to burn down and implode. Sinclair and Holter are business partners at the popular financial website JSMineset.com. Sinclair explains, “‘When’ is the question we are asked constantly by our viewers and readers. . . . ‘When’ is a period of time all of this comes to fruition, meaning the date. . . .‘When’ is now. . . . This is the beginning of something few expect. This has very little to no precedent in history. . . . (more…)

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

Recently, I was fortunate enough to be interviewed by Jim Sinclair and Bill Holter at JSMineset.com. They wanted to get my take on the state of journalism, or the propaganda mainstream media.  They also wanted to get a read on what many of my guests have been saying over the past several months about what is coming for the economy.

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By Greg Hunter’s USAWatchdog.com 

Back in February, when everyone was predicting a Fed rate cut, precious metals expert and financial writer Bill Holter said rates would be going up and not down.  Since that call, the 10-Year Treasury is up more than 30 basis points.  It closed today at 4.67%.  Now, Holter is still calling for higher interest rates that will coincide with higher gold and silver prices.  Why?  It’s called inflation, and it’s not temporary.  Holter explains, “Foreigners are backing away from buying Treasuries.  That is the only thing that has kept the doors open, so to speak, is the fact we are able to borrow an unlimited amount of money because we are the world reserve currency.  Foreigners backing away from our debt is going to lead the Federal Reserve to be the buyer of last, and then, only resort.  So, you will have direct monetization between the Fed and the Treasury.  What that will cause is a currency that declines in purchasing power.  It will decline in a big way, and it will decline rapidly.  So, what I am describing is inflation that turns into hyperinflation.” (more…)

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Precious metals expert and financial writer Bill Holter says, “nothing is getting better” and points out the proof is everywhere that we are clearly headed for a financial calamity, the likes of which we have never seen before.  Holter, who is also a precious metals broker, is seeing a big pick-up in business because big money is looking for a place to hide in the physical world.  (more…)

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Financial writer Bill Holter and renowned gold and financial expert Jim Sinclair warn that no matter who wins this Presidential Election, the next administration will have to navigate the so-called financial reset that has already started.  Holter contends, “Mathematically, our financial system is bankrupt.  Can they string it along another year or two?  I don’t know, but I do know if we go full blown socialism, it’s like pulling the pin on the hand grenade.  It goes off right away.  Everything blows up faster and harder.  A lot of people are not factoring in is when this thing goes down . . . I hope it goes down under the rule of law.  Under socialism, the rule of law is basically what they say it is. . . . The U.S. will immediately move to a financially broken status.” (more…)

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

Financial writer and precious metals expert Bill Holter says, “Gold is like a tractor in first gear pulling up a hill,” as it touches all-time highs once again.  Holter thinks the “gold tractor” is going to be shifting up a few gears in the not-so-distant future.  Holter, who has been dubbed the new “Mr. Gold” by the reigning “Mr. Gold,” Jim Sinclair, explains, “There is no rush like a gold rush.  The reason being is you get momentum followers.  You get people who are greedy who want to make money.  Then you have the fear trade, and the fear trade is probably the most powerful emotion.  What you are seeing around the world is big money understands we have a credit implosion coming, which is going to take the currencies with it.  Where do you hide?  The place to hide is in gold and silver.” (more…)

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

Recently, one big name money manager after another is on record telling people to buy hard assets. Why? Financial writer and precious metals expert Bill Holter says they all know what is coming. Holter contends, “They understand that this is going to be the biggest monetary debasement in the history of history. They understand it’s hyperinflation that is on its way. They are late to the game, and they do manage billions and billions of dollars, and I don’t see how people talking about buying gold and buying silver are going to be able to get actual physical silver and physical gold in their hands or in their vaults.”

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By Greg Hunter’s USAWatchdog.com

Financial writer and precious metals expert Bill Holter is “not worried at all” about the current price smash down for precious metals. Holter says, “We live in a world where all liabilities are more than all liabilities in history. This whole system is going to come down. . . . If you see a house burn down, the only thing left is the foundation. That’s the only thing left because the foundation doesn’t burn. That’s what gold and silver are, and that’s what’s going to be left when this house of financial cards burns down.”

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By Greg Hunter’s USAWatchdog.com

Financial writer and precious metals expert Bill Holter has been asking the same question many others have been asking. How long can the heavily indebted and manipulated global economy go before it blows or can it go on indefinitely? Holter says, “It can’t keep going because it’s already stopped. The inflection point has already been hit. If you look at credit growth, it’s not credit growth. It’s either credit stagnation or credit contraction. The global financial system is a Ponzi scheme. In order to continue to reflate it, you have to have . . . exponentially more debt. That’s where we’ve been, and now we are at the point of debt saturation. There is really no ability to add more debt. Look at the U.S. for example. The U.S. pays $300 billion to $400 billion a year going all the way back to the 1990’s. That number never went higher, even though the amount of debt doubled and then doubled again. The reason it didn’t go higher is they pushed interest rates from 7% down to basically zero percent. So, the debt service amount never grew, and now it’s growing, and it’s growing at a time when the U.S. has basically already crossed the banana republic threshold of 100% debt to GDP. In the past 12 months, we spent $550 billion in interest, and it’s on its way to the moon.”

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

Financial writer and precious metals expert Bill Holter thinks the long awaited debt reset has already started. Holter explains, “I think the reset is already in motion. . . . Credit is what created values and pricings that are incorrect. Just look at the Fed, they are talking about quantitative tightening (QT). They are talking about pulling $600 billion, I think, by the end of this year, and they can’t. There is no way. If you go back to Richard Russell ‘inflate or die.’  That is what this is. You cannot take capital out of a Ponzi scheme and expect it to stand up. That’s what this is. It’s a Ponzi scheme, and the Federal Reserve is bluffing, saying they are going to pull quantitative easing (money printing) out, and they are going to reverse it and take that out of the system. There is no way that can be done.” (more…)

By Greg Hunter’s USAWatchdog.com  

Financial writer and gold expert Bill Holter says China has a lot of weapons to fight a trade war with the U.S. China could stop buying Treasury bonds (as it reportedly already has done).  It could sell Treasury bonds.  It could slash the value of the Yuan, or something much simpler could happen such as a failed delivery of physical precious metals.  Holter says, “If what has happened so far in the first three months of the year were to continue for the full year, you would be over three billion ounces (of silver).  That is not deliverable.” (more…)

By Greg Hunter’s USAWatchdog.com 

Financial writer Bill Holter thinks revelations from the so-called Washington D.C. swamp are going to intensify in 2018. Holter explains, “I would call what’s coming a tsunami of truth. . . . I think it’s going to affect the mood of the country.  It is going to enrage some people.  I think it will scare some people.  It will definitely affect capital flows.  There is a debate about arresting people and perp walks, whether that would be good or bad for confidence.  It’s my opinion it would initially be bad for confidence because there are so many people (that would be criminally charged) it would blow their minds.  It’s beyond anything that they even thought of.  So, I think confidence would initially break, but longer term, it is good for confidence because it will be a sign that the rule of law is coming back to the United States.”

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

Financial writer Bill Holter says 2017 is the year of the “truth bombs,” and along with the truth comes pain. Holter explains, “Unfortunately, the truth coming out will mean a crashed system.  It will mean a nonfunctioning system.  When truth finally comes out, and it will one way or the other, credit will cease because credit is based on trust.  Credit is handed out on trust, and when the truth comes out, credit will cease.  Then the system is going to have to reboot.”

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