Global Debt a Parabolic Ponzi Scheme – Craig Hemke
By Greg Hunter’s USAWatchdog.com
Financial writer and precious metals expert Craig Hemke says nobody should be comfortable with unpayable global debt that has piled up since the 2008 financial meltdown. A debt reset is locked in, but nobody knows when it will come crashing down. Hemke says, “That’s probably the right way to put it. I would not want to say, hey, there is going to be a debt reset by August 29th. I don’t think that’s the way you want to go with it, but it’s pretty obvious to anyone that we are in this parabolic Ponzi scheme. The debt is now increasing globally at such an exponential rate that, at some point, it becomes unserviceable. Then, at that point, you get this reset they’ve been talking about.”
Hemke points out the same game that was being played to inspire confidence in the banking system back before the 2008 financial meltdown is happening again. Hemke says, “You can see this today, actually, in the attempt to inspire confidence in Deutsche Bank. You can pull up a chart of Deutsche Bank now, and you can clearly see the heavy hand and the overt support of the Deutsche Bank share price. It is about $11. That is about the all-time low it came down to a few weeks ago. In the last few days, it has been clearly supported at $11. . . . Why would central banks be supporting Deutsche Bank? Because if Deutsche Bank began spiraling down through $10 to $9 to $8, you would get this crisis of confidence from the other banks that are all linked to Deutsche Bank and this daisy chain of counter-party risk, and we are right back to where we were in 2008. Yes, some type of reset is coming because, ultimately, the debt is unserviceable. The debt grows so fast you cannot print enough money to service all your existing obligations, especially when the economy starts to collapse and you get another recession.”
Hemke warns that many people own the same ounce of gold held at big banks and don’t know it. Hemke explains, “It’s sort of like the people who show up at the Bailey Building and Loan on George’s wedding day (It’s a Wonderful Life). As long as nobody is making a run for it, and everybody knows your money is invested in Bob’s house and your money is invested in Mary’s house, as long as nobody wants their money right away, George Bailey can run a fractional reserve system like that. It’s only when somebody shows up and says I want my 1,000 ounces of gold, now. I want my metric ton, now. That’s when this whole bullion bank system collapses. Suddenly, we get a realization where land trades directly, dollars for the asset. Art trades directly, dollars for the asset. Gold and silver are going to trade that way as well.”
On the dollar, Hemke says, “I think the dollar eventually goes back down from political risk from the mid-term election, geo-political risk, de-dollarization risk and trade war risk being a part of it too. The dollar resumes its move downward, and the metals begin to rally with increasing momentum.”
In closing, Hemke says, “If there is one thing that the average person can do for financial protection that is the acquisition of physical metal. . . . If you want to get into what has been sound money for thousands of years, you would be crazy not to take this discounted price . . . you’d be crazy not to put some of your dollars into physical metal. That’s what the Chinese are doing. That’s what the Russians are doing, and if these nations are converting some of their dollars into physical metal, don’t you think you should do the same?”
Join Greg Hunter as he goes One-=on-One with Craig Hemke, founder of TFMetalsReport.com.
This interview will talk about a coming massive global debt reset, fraction gold system and its dangers and the dollar and gold and silver prices.
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After the Interview:
Craig Hemke is a prolific writer, and he posts some of his analysis for free on TFMetalsReport.com. To get the whole package, you can subscribe for $12 a month.
And this means buying physical gold coins not “imaginary” gold … buying “paper gold” (stocks, options, etc.) is like buying bitcoin … which is simply “a digital entry” that is mined into existence by corporate heads when they need funding … the electronic entries of shares you own has “no real physical substance in the real world” … until you ask to “take possession” of your digital gold … but then all you get is a “print out” (of the digital numbers of shares you own) on “a piece of paper” made from wood pulp!
Mr. Hunter: That was one of your (and his) best! Really good!
Was the ‘lone wolf’ Vegas massacre really a false flag to cover an assassination attempt on
a Saudi Crown Prince?
Was the ‘lone wolf’ Vegas massacre really a false flag to cover an assassination attempt on Saudi Crown Prince?
After the events of Sandy Hook, we already know that any mass murder shootings will always be covered up quickly by Federal law enforcement, even to the extent of co-opting and silencing local authorities. And this was even evident in the more recent Las Vegas massacre where an FBI handler was whispering in the ear of the city’s Sheriff ‘Don’t go there’ when asked a pertinent question by the media. Video o …
This just wont stay in Vegas!
THE SKY IS FALLING-IN
Gold is going nowhere anytime soon. Gold has essentially been flat for the past FOUR years, as has its cousin Silver. Henny Penny might just be wrong again.
Flat for four years – WRONG
Gold past 5 years +25.39%
Silver past 5 years +3.82
Gold past 15 years +243.99%
Silver past 15 years +190.95%
Gols and silver have really gone no where since 2011. If one bought gold and silver in 2011 they are way down yet. So gold and silver have been relatively flat and low since 2011. This is just a statistical game you are playing. In the end yes it will go up. When? Depends on how long the ponzi scheme can go on. But one buys gold and silver for the long haul not short.
The original comment claimed it had gone nowhere for 4 years. It is futile to arbitrarily chose a reference point in time just to make a point. Gold bugs can choose 2000 as a reference and gold sceptics 2011.
Flat huh? Well the gold cumhuriyet coins I bought in Turkey in 2008 for 195 Lira each are now going for over 600 It’s called preservation of purchasing power Mr Bradley and I sleep well at night with a diversified basket of gold ,silver, dollars, Euros and alittle investment real estate
An interview with Craig was long overdue. Thank you Greg for your tireless efforts.
‘He didn’t have nukes or aircraft carriers back then but he does now’ I’m currently in China where I showed your video to my business colleagues and they agreed with most of the content but disagreed with the nukes and aircraft carrier comment saying they are only for show as technology will render them useless be it USA, China or Russia.
They believe an economic collapse will be more devastating for any country that doesn’t have any gold.
I said Trump is saving the US on the expense of the US Empire. Because if the empire is not destroyed, then not just the US but also the whole world go to hell, literally.
Footnote: The majority of the US citizens aka the working majority does NOT benefited from the empire at all.
My 2 cents
It’s no wonder the majority of Americans have no metals. We’ve been programmed through propaganda to put everything in the stock market. The MSM has done the job they were paid to do.
Back in the “day” a balanced portfolio had 20% exposure to the precious metals – now nobody wants them…..yet!
I believe it is important to emphasize that a “debt reset” does NOT mean that previous debt is simply “written off.” Unlike when my father passed away, who had taken out student loans for me, and the amount left to be repaid was simply “written off” by the government … essentially, folded into the larger national debt. But, all around us, is this delusion that debt may be amassed without consequence, and if you cannot end up repaying, it is simply written off or passed on.
What is coming will be unlike anything we have seen before, since the world’s entire financial system will be restructured and replaced. I had a bunch of old “silver certificates” left over from my grandmother’s estate; when I took them to the local bank, would I be able to receive silver instead? Of course not. Maybe at one time, long ago, but not now. Not ever again.
Debt being “written off” within one financial system is one thing, but debt being “reset” into a new financial system is something entirely different. When Bill Holter and others talk about getting at most 30 cents on the dollar, think of that, overnight, the $100,000 you might have in the bank is only worth $30,000 in the new system … that $70,000 difference is gone, forever, not part of any FDIC insurance. And then with the 30 cents that you have which used to be a dollar, you go to the store, and that previous $3 gallon of milk is now $10. And so, in essence, you will now be paying $30 for that gallon from your reduced savings.
It is great to have all this talk at the “macro” level of economics, but it is also important to get down to the “micro” level, because no matter how much gold and silver an individual acquires beforehand, it will still have to be redeemed within the new financial system, whatever that turns out to be. I cannot take a bar of silver to the grocery store now for a gallon of milk, just like I could not take my grandmother’s old silver certificates to the bank asking for silver instead. That tells me, in the short term, it will be ever more important to know your neighbors, trust your neighbors, be able to barter with your neighbors, etc. If we expect the government to explain it all, we will be forever lost.
Thanks Mr Hunter and Mr Hemke,a tour de force indeed.
However,during the crisis of 2008 and onward,the USA printed Trillions of US Dollars and loaned them out to other countries particularly in the EU and South East Asia.Those US Dollars lent to us outside the USA will have to be paid with earned US Dollars,stuff manufactured and sent to the USA for US Dollars.Our sweat your Dollars.As interest rates go up we will have to sweat more and as the Dollar strengthens will have to sweat an awful lot more.Recently there has been a shortage of US Dollars in Europe and the Dollar is carrying a premium.
Meanwhile it has been suggested that the Chinese and others have used their US Treasuries as collateral to build their railway line from China into Europe and Africa.Yet more debt requiring yet more US Dollars for repayment.
If countries decide to default,not pay their debt,will the USA not use their courts and military might to seize those collateral assets?
The debt we outside the USA owe the USA are massive all requiring US Dollars.
Let there be no illusion, this is where it ends.
Deutsche Bank is the pin, on the economic grenade that WILL be pulled.. The ECB has copied the fed tactic by printing money and papering over their debt. There will be no bailout. Bailin? Yes.
Mario Draghi is faced with failing banks in Italy, Greece, Spain, and now Germany. There is only so long the central banks can keep their finger in the dike, before it breaks, no matter how much they manipulate the stock. Once ligation starts in July whatever assests Deutsche Bank has left will be eaten up in legal fees and regulatory fines. Deutsche Bank is a dead man walking. A zombie Bank. And when it blows it will be like Lehman Brothers x 10.
The sharks are lining up to feed on this dying corpse.
Jerry: The only dying corpse around here is your fear-mongering. None of your predictions have come true – none, zero, zilch nada!!!!
Who said rich people were smart ?
Why complain about being bitten? You knew what Deutsche Bank was when you picked it up.
P.S. Greg. President Trump knows how to handle debt. Restructuring under bankruptcy is one of his gifts. He met President Xi behind closed doors for a reason. This trade war is a smokescreen for a reset.
Jerry, there is no provision in the U.S. Bankruptcy Act(s)/Codes where the Federal Government can file for bankruptcy protection, it would take an act of Congress to change the law, etc. All of Trump’s prior BK’s were Chapter 11, other entities are Chapter 9, etc., but do not apply to the Federal Government; please correct me if I am wrong!
We are in unchartered waters. The lifeboats are being launched.
To answer your question, yes it’s true congressional approval must be obtained to make such a move under normal cervumstances.. The exception is martial law.
FYI supposedly the coming trials will be under military jurisdiction so what does that tell you?
Too bad the headline for that article is wrong. Russia did not sell Treasuries to buy gold. Russia sold $47 billion in Treasuries but only added about $1 billion in gold which they have been doing almost every month and still would have done regardless what they did with Treasuries. So the selling of Treasuries had nothing to do with Russia buying gold as some of these article are making it sound.
I concur this trade war is a smokescreen for a reset. Another word for financial reset is bankruptcy.
Congress makes laws to handle ordinary domestic bankruptcy. However, there are no existing laws, codes or acts pertaining to a global financial reset.
Hence, Trump and Xi have to hatch one out behind closed doors.
There’s no difference in printing enough money to pay off all debts and bk. Because if you get 80% of your debt forgiven or the dollar is worth 80% less it’s just a word but the outcome is the same. But if the fed won’t print or a law is passed to end the fed then we can’t pay our bills so we will default, again the same outcome as bk.
arthur: I think you’re taking Jerry too literally.
Jerry knows, as does Trump, that any reset of the debt will not be governed by any law, much less conducted in a US Bankruptcy Court. Raw power, both military and economic, and agreements reached between the sovereign powers (US, China and others) will determine what happens between the US and China (and everyone else, for that matter).
Nevertheless, US negotiating positions will, no doubt, be controlled by President Trump. Of course, his experience in negotiating deals of all sorts, including resets of debt both in and out of courts, is, indeed, relevant here, IMO.
And the hits just keep coming for DB.
What people fail to understand is that this time period of transition is not the beginning of a bankruptcy but rather the END of a bankruptcy. The bankruptcy started in 1933, which we should all be somewhat familiar with (metals confiscation, emergency banking act, creation of irs, new deal, etc). The entire economic system we have lived under since then IS A BANKRUPTCY ECONOMY, where there is no money, only future promises to pay, where the bankruptcy administrators slowly collect the assets of the bankrupt for distribution to the creditors.
Great Interview! Keep up the good work. Don’t understand why this debt bomb isn’t obvious to everyone – it is plain as day to me! Gold, Guns, Butter – not a matter of if, but when!
Hemke saying that you can’t place a date on the collapse
is on of the more genuine comments by anyone in the metals
sector. Most of the pro metal writers and comontators always
seem to inject a sense of urgency. Is that ment for people to
impulsivly react ? (Rtorical question). Thanks for the interview
and also for not calling Hemke “Turd”.
Lucky for us Hemke is located here in America … the EU is clamping down very hard on free speech right now and have quantum computers searching and reviewing all written messages on the internet (deleting all comments that are not to the liking of the elite) … Google, Facebook and YouTube are ready to do the same thing here in America … so we freedom lovers better learn to become very adept at using “sarcasm” … Quantum computers are too dumb to understand “humor, sarcasm and the play on words” … so when we write a comment “against” Hillary for instance … we should say things like “Hillary is a Saint and the Pope should nominate her to her rightful status among all Saints because of all the extraordinarily good things she has done for the world and humanity” … a quantum computer is dumb to sarcasm and will not delete such a message from the internet!!
The very intelligent “Deep State” are rightly fearful “off world beings” who have “a distorted moral view” about how the Deep State should be treating women and children … off world entities have been unduly influencing human thought (through our pineal gland) for hundreds of years … thankfully the Deep State “for our protection” have added fluoride to our drinking water to calcify and destroy the pineal gland in our brains (that has the ability to communicate with off world entities) and thus prevent us from receiving “such alien messages” that threatens all Deep States activities … so lets light a fire and give thanks to Satan by sacrificing “another child” and pray the Deep State continues to work in humanities interest “to stop all alien communication with humans” for the aliens are trying to give humans a “very alien moral code” called the Ten Commandments to live by … the Deep State knows the name of the alien leader who goes by name “God the Father” (they killed his Son a few years back) … thankfully the Deep State has now developed a new mind control technology (flooding the airwaves with microwaves so they can send “their messages” directly into our human ears) thus drowning out any “fake messages” sent to our pineal gland from that alien named “God the Father”!!
Isn’t it just wonderful we have mind control technology … so now we can tell people to “buy products” and get the economy moving again … and now we don’t have to go through all the trouble of fix voting machines anymore … we just have to focus a microwave beam on the voters waiting in line to vote for Trump … and tell them to vote for Hillary … and finally we can “beam a voice” into those pesky gold-bugs minds … and tell them to stop buying physical coin and simply accept their governments computer generated “electronic money”!! … http://www.rense.com/general92/elcs.htm
The only problem we have with achieving mind control utopia is the fact that humans seem to have an internal moral code “hard wired” into their brains and they seem to always know right from wrong … so even though we beam our microwave thoughts into them (to have pedophile sex with children for example) not all humans listen to the voices we put in their heads … thinking humans is a major problem … to stop humans from resisting our mind control techniques we must take away their freedom to think and say what they want … luckily Google, Facebook and YouTube are now going to put a stop to free thinkers expressing their views on the internet!!
Greg Hemke has it right. If the U.S. defaults on all it’s debt, or if there is some contrived global reset… “tomorrow is not going to be just like yesterday”. We live in an “Alice and Wonderland” world… never giving a moment’s thought on how we get out of this big, fat, Greek mess. The solution is not easy, or pretty.
“Normalcy bias” is a wicked phenomenon. If you don’t fully understand it today, you will when nothing works like it did the day before.
Greg, I hate to break the news to you, but no one cares about global debt. Most normal people care about the atrocities that are being committed at our borders. Trumps separate and abuse policy is a disgrace to all humanity. Indeed, he is worse than Hitler and that is why there is a growing chorus of good people cursing him.
You haven’t heard from me in quite a while Greg. That is because I have been in mourning. In mourning for all the babies and children who have been forcible separated from their families. The babies sent to a place where all kinds of horrors and abuse are rampant. The girls separated for a special purpose to fulfill the desires of Trumps male benefactors to fulfill their sick urges and desires.
It grieves me so that I am utterly filled with sorrow. Do any of your followers have a heart ?
Wasn’t it the great man Jesus that said … “Suffer little children to come unto me, and forbid them not: for of such is the kingdom of God ?”
And how about the words inscribed on the Statue of Liberty ??? It reads, “ive me your tired, your poor, Your huddled masses yearning to breathe free, The wretched refuse of your teeming shore. Send these, the homeless, tempest-tossed to me, I lift my lamp beside the golden door !”
What kind of president is this ? A man without any conscience or moral barometer. Greg, I am and have been in tears for days. Trump could if he wanted to ease the pain, but prefers to be the sadistic person that he is. For Shame Greg ! For shame !
Greg, Hillary got one million illegal votes in California alone, sounds impossible doesn’t it? The Latino community checked the box that they were citizens and voted, not one county election department in the whole state checked to see if the information on the request application to vote was true! What this means is that Hillary didn’t receive the popular vote win either. It also means that if it continues unabated an Independent or Republican President will never win again as thousands continue to break the back of the unsecured borders of America every day. What is the harm in making each applicant show proof of citizenship, hardly that much time and effort in that? Oh, I forgot, its the Democratic dirty secret that can’t be brought to light.
Art, don’t ferget Seth Rich , Gina don’t!
Hi Greg – Here is the direct response from the DHS Secretary Kirstjen Nielsen per the leftist lies being put forth on the border… The lies coming from the left are very, very scary! And to boot a whole bunch of RHINOS are in on the deal. https://theconservativetreehouse.com/2018/06/18/white-house-press-briefing-with-dhs-secretary-kirstjen-nielsen-and-sarah-sanders/#more-150728
Watch here response per the video – eye opening to the lies from the MSM!!
There is nothing in the IG report except a couple of lovers in the FBI who shared their politics at work. No biggie here. However, it is a big issue when children are caged up loke animals without their parents and the girls sent away to satisfy some middle aged mens sick cravings and the babies are put in a facility to be experimented upon. This so called commander in chief is the most grotesque person in government today. Its been so upsetting to me that I can hardly eat anything let alone keep it down. This is so so very sad. I am despondent.
Hi Greg – I wonder if Gina is one of those “Russian Bots” that are paid to sow discourse? Just a thought.
Gina likely doesn’t know about the Senate hearing on the IG report on FBI.
CNN, ABC, CBS, NBC, MSNBC, Daily News ….. are not touching this bomb, not even a smidgen. NY Post had a two pages coverage but it was in page 7 & 8, not front page. All of my liberal friends, not some, are not aware of this huge scandal.
“Do any of your followers have a heart ?”
I have, but apparently it is black.
Gina: One of your best! Sincerely.
“Gina,” I guess you know that I’ve become interested in your work — and you personally. You seem to be coming out of the troll “closet” little by little, leaving more and more clues about your personality and motivations. I know this is asking an awful lot, but is there any chance you would directly tell us some personal details, like:( 1) your sex, (2) age, (3) occupation, (4) IQ, (5) whether you are paid to do this, or whether it’s a labor of love, (6) your true politics and, (7) any psychiatric diagnoses? I hope that wouldn’t ruin the fun for you, and for those of us who are intrigued.
I don’t mean to offend you, but you seem to display some psychopathic traits (as revealed best, perhaps, by your recent choice of the “Clare (the voodoo) Doll” pen name), so I’m particularly interested in that aspect of your personality. (for those who missed it, here is the link: https://www.youtube.com/watch?v=Z0lclL8lMZ4 ).
Do you agree? If not, how would you describe yourself?
You type out the words. “…the babies and children who have been forcible separated from their families.” WHAT ABOUT THE BABIES THAT ARE ABORTED YOU KNOW TORN FROM WITHIN THEIR MOTHERS WOMBS. HITLARY AND ALL THE DEMONRATS ARE FOR THAT TYPE OF KILLING SO WHY DOES THIS ALL OF THE SUDDEN BECOME AN ISSUE FOR YOU???” You don’t care about these illegal children being separated from their so called families. Remember if you commit a crime inside the US they take your children and put them into foster care you don’t get to take them to jail with you. WHY THE DOUBLE STANDARD???? HUH GINA/Jim?????
There are around 350 million people so why are the Demonrats so up in arms about 2,000 children probably being fed better than the poor in a lot of states. Chaos is the name of the game for Demonrats but just remember God, Our God the Father is behind this President. So who is behind all your chaos??? Would your god be called satan????
Just keep watching how well Our God protects this President TRUMP.
Gina, a friends dad passed some years back. During the service, the preacher got a little long winded and rambled on and on. During a short pause, my pals mom who’d been suffering from dementia for some time, loudly exclaimed ” bor-ring” ! Do ya get the message?
It’s pretty much common knowledge by now that people are using their kids as pawns in their feeble pathetic attempt to break our immigration laws Its child abuse just like what the gypsies Do to their kids over in the EU by having them beg and steal
“Greg, I am and have been in tears for days.”
Don’t Cry For Me, Argentina !
Good use of sarcasm Gina …………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….. Greg let you through and Google’s quantum computer didn’t delete your entire message as you said all the right words the globalists approved of!!
Good use of sarcasm, Paul . . . !
You ain’t seen nothing yet. The hammer is about to be dropped on the child trafficking and pedophile rings run by Democrats and the deep state. It’s hard to tell which is worse ? Your hypocracy about caring for children ( which is a total lie since you support abortions)
Or the continual state of denial you live in. It’s ignorant government prostitutes like you that brought us to where we are now. Thank God my father and grandfather aren’t alive to see what a pathetic place this country has become. FYI my family were immigrants that come in the front door and had respect for the laws of this country . Not what we have now. Scotty beam me up !
You seem to be very concerned about those children who are separated from parents at the border.
Where is your concern for those children who are separated from their parents by CPS.
Where is your concern for those children who are separated from their parent when they are sent to prison. The border crossers are just as guilty of breaking our laws as the criminal who robs a bank or kills someone.
Gina….Wake up, your a used idiot the will be cast aside once the Jesuit/Masonic cabal’s scheme is complete. All that is occurring has been a design/plan for eons…their ‘Roman’s goal…has been world domination since the before the days of the Sisters of Isis… Get your history straight before and your stupid mis-educated and dumb down progressives take any credit for your ideology which as been fed to you since your earliest days in school which apparently …lacking discernment … you have bought into hook line and sinker! Yes… even Travistock led John Lenin could barely ‘IMAGINE’ a world without religion and borders too. But a borderless society IS necessary to defeat ‘nationalism’ and cultural identity’ so they can be molded into a NWO – U.N. led one -world government. A dream of the Jesuits and ‘inner ‘ Masonic secular Illuminati running the world for the elite oldest lineage
Masonic pyramid and the Roman Fascia… interesting… and then consider the symbols at the Denver Airport and the Pale Horse…. LOL
United Nations/NWO plan to Depopulate the Earth: https://youtu.be/AmLT5WGMJj8
The Jesuits of the New World Order & Self Destruction – Satan’s Architects: https://youtu.be/nhqEE3SjFuQ
Jesuit Book: https://youtu.be/ixZrnHDrESg
Exposing the SELF PROCLAIMED ELITE Families Behind Globalism – Santos Bonacci
Gina- the best slaves are the ones that do not know they are one…!
Want out of the matrix ?
H.G. Wells Elite Manifesto – What you Didn’t Learn in School with Wayne Jett: https://youtu.be/h3vFIwSBsFg
What you Didn’t Learn in School – Red Symphony with Wayne Jett: https://youtu.be/lDne3ePrO5U
Book: The Fruits of Graft…by Wayne Jett..
THEY’RE DETERMINED TO STARVE & CRUSH THE MIDDLE CLASS: https://youtu.be/jZVzA_ino7Q
WHO RULES THE WORLD
PART 1: https://youtu.be/iG-rsib9k3Q
PART 2: https://youtu.be/gh5zVKMXgS0
Lots of homework Gina…but you need it….
“most normal people care about…..” Liberals love their strawmen arguments don’t they??
Gina M Mancarella,
I have been in mourning since Obama’s terror army invaded Syria. I mourned for all the babies and children who have been forcibly killed, sold into slavery, raped, maimed and separated from their families. The Syrian girls separated for a special purpose to fulfill the sick urges and desires of Obama’s Islamic army of terror.
I understand your pain and I can help you. I promise it’ll be painless.
It isn’t “Trump’s policy”, you retard.
Greg, when the reset does happen you can bet one thing, the elite will have already converted and made money from it before the middle class has a chance to do it, sort of like the lady in Its a Wonderful Life that got all of her money out first and refused to only take out a few dollars to get by. This so-called “re-set” should it take place will be the last straw of the American Middle Class, that I am sure. After that I surmise America will be a socialist country wherein the few at the top have it all and pinch off a little from time to time for the masses. It will be a interesting time to be sure, but not a Sunday picnic in the park for the working middle class. Bet on this though, the slackers of America will come out great as they will continue to get their handouts at the expense of the middle class and now be equal in status because the middle class will have dissipated into the working poor. All in all history will report the destruction of America will have been caused by the elite making money out of thin air to benefit themselves which they never intended to pay back; and, got away with it too I surmise.
Greg, well I meant until He comes they get away with it, which, of course is a truism in my mind.
Arthur – the move is out of gov’ts., and in to corporations of the US. The destruction may just be in political boundaries, or territorial boundaries (CA splitting up?), but the US will be as Europe, still geographically bound, but run by power elite, and having to succumb to whomever holds the world reserve currency status
The new “ism” will be international bank/corporatism with a socialism facade.
Thank you Greg from here in Australia. I read and listen to your guest daily. A great service to everyone.
Money is physical. The paper currencies have a temporary and illusory value. Paper currencies are nothing but a scam and a fraud. The consequences of the failure of the paper currency system are unthinkable, but that will not stop their inevitable failure. Saving gold and silver is the best way to secure your future and has been for 5,000 years.
Bs! with all the manipulation of the metals market, anticipating an increase in metals prices is just wishful thinking (like it has been wishful thinking since the ’08 crash)
I’m NOT so sure that’s true Chet If and when the psychopaths lose control over the pricing mechanism for precious metals that could change very fast
China and Russia haven’t stopped accumulating since 08. I wonder why?
here is some interesting biblical and anatomical juxtapositions:
This video is nonsense from Bible perspective.
1. You cannot mix fleshly with spiritual.
2. Christ is not in all of us (humans). Christ in us means sanctification – the hope of glory.
Rev 3:20 Behold, I stand at the door, and knock: if any man hear my voice, and open the door, I will come in to him, and will sup with him, and he with me. (Most people refuse to open the door).
3. The mystery of the ages is the plan of redemption and sure Christ in us as part of it. This means to acquire character of Christ which can only be done by the power of Holy Spirit.
4. Glory and energy living in our body? This is spiritualism and man centered religion. This is serpent talk: “God knows that if you eat of it you will be like gods knowing good and evil”. Bible tells me that our righteousness is like filthy rung Isaiah 64:6
5. Bible tells me that the conversion is a change of heart – the circumcision of the heart. It has nothing to do with the brain. It is not thinking but change of heart. Conversion is not at intellectual level, even so it may start there, but it is a change of character.
I will stop hear 3 min into the video. Mixing truth with error produces error.
“… and shalt believe in thine HEART that God hath raised him from the dead, thou shalt be saved. Romans 10:10b.
In this you read it right.
This was, in my opinion, one of Craig Hemke’s most informative interviews.
He has a lot of knowledge backed by experience and common sense.
I will listen to it again.
Craig Hemke is great at explaining our nation’s finances. Excellent job! Sometimes he interviews Jim Willie too. Omg! Great stuff always. Thank you Greg for another really good interview. Too bad we can’t pirate our way into CNN and just post USA Watchdog interviews for a solid week or month. A hack into and lock out the administrative dumb asses that run that liberal cooke outfit.
If every country owes so much money, who or what is it owed to??? Is there one country, or entity, that is a gigantic creditor? Is it the Fed, or is it some entity further upstream, that we never hear of?
The famous “Rothshilds “ amongst others
Dominic, here is the breakdown for who owns US Governmental debt:
DJ… funny you should mention ENTITY…
We’re all debtors. Even the Rothschilds will eventually realize they are debtors. When Jesus Christ returns, all debts will be settled. And remember that even Jesus said know one knows that date. It will remain hidden.
thanks Greg ,another great interview.
Greg, I don’t think George Bush 43 understood anything well.
Being a member of the Skull and Crossbones is more important than having brains.
I disagree Georgie was seriously suffering from some sort of fetal alcohol syndrome No doubt about that If his family wasn’t so influential and generous to the University Do you really believe he could have graduated .? Because I don’t for a second
George W 43 was really smart; but he was so bloody passive with our Nation’s budget and he NEVER poked back at the MSM. It’s beautiful to watch The Donald poke back at those idiots! Trump is a master at media. Refreshing!
Yeah sure Russ He sure seemed brilliant ( sarc off)
US dollar, or rather Federal Reserve Note is from the beginning a religious item being worth exactly what your faith in it is. The problem is, that all currencies in the world are also religious items. USD surely is not a constitutional money, but they don’t care about constitution and they have full control. They will never allow Trump or even entire congress to go to gold because now they have perfect control and they will not loose it as the prophesy tells me. Who are they, one would ask? Who are the bankers of the world. They are Knights of Malta. Banking system was created by Knights Templars and then taken over by Knight of Malta. Just google the bankers names and look it up. Knights of Malta are subjects to Vatican and they are the military order of Vatican as is the Jesuit order who has Superior General as the head aka Black Pope. Again and again all the roads lead to Rome, “the Great Whore that sitteth upon many water”s (nations) with the golden cup from Revelation 17. So where is the Gold? You have read the answer.
Revelation 17:4 And the woman was arrayed in purple and scarlet colour, and decked with gold and precious stones and pearls, having a golden cup in her hand full of abominations and filthiness of her fornication:
5 And upon her forehead was a name written, Mystery, Babylon The Great, The Mother Of Harlots And Abominations Of The Earth.
Just to add spice to it. USA will be the power that will enforce the will of the Great Whore on the entire world. Did you notice that separation of church and state is no longer a reality in USA? It is in Revelation 13
Rev 13:11 And I beheld another beast coming up out of the earth (USA); and he had two horns like a lamb, and he spake as a dragon. (Two horns is union of church and state founded on Christian principles – lamb – but speak as a dragon – Satan).
12 And he exerciseth all the power of the first beast before him, and causeth the earth and them which dwell therein to worship the first beast, whose deadly wound was healed.
(First beast is the Roman Catholic System or Vatican). (The deadly wound was inflicted upon Vatican in 1798 by Napoleon who abolished Vatican but it was resurrected by Mussolini as Vatican II in 1947).
Jesus is coming really soon. Get read for the “Mark of the beast”.
Yes, you are onto something here. The mystery school network has spread its tentacles far and wide across the globe. The Catholic Church is the heir to the cult of Mithras and is one such tentacle (another being the Freemasons). These sun worshipping pagans require a constant stream of sacrifices to satiate the bloodthirsty appetites of their god (like the Aztecs). I guess it is now done behind closed doors. Not like in the good olde days of yore.
The Catholic Church ordered the massacres in South western France. Their target: Peace loving Cathars. How can this be explained by ‘caring’ Christians?
Strange that people look to the Vatican as a source of spirituality. Judging by its history it is as bad as the Nazis in terms of ethnic cleansing. Evil!
Sun worship is why the Catholic churches face eastwards. The pagan traditions of the Catholic church are revealed by their idol worship and I do like their Nephilim giant throne – very fetching.
These organisations are structured so that those individuals on the lower levels are unaware of the true beliefs and aims of the organisation. Corruption occurs by degrees until the truth is revealed upon a member entering the higher levels. It is an ingenious method of recruiting good people with noble intentions and turning them slowly. As such these organisations will present themselves as charitable to the outside world and members of the lower levels.
Why all the sun symbolism then? Is it just decoration? Restating the dogma proves/disproves nothing. Next you will say the Nazi party was not really that bad it just had a few bad apples. Blaming pope Francis for 2,000 years of bloodshed doesn’t wash with me. Have you researched how the inquisition tortured people? Was that Pope Francis’s fault? All the massacres on an industrial scale would indicate the presence of evil. The genocides are well documented. You need to judge people on their actions on not their dogmatic BS. An organisation cannot be inspired by Jesus one year then decide to engage in massacres of Cathars (when they constituted no threat) the next. Evil is evil and does not switch on and off like a tap. Please don’t use pope Francis as a scapegoat for 2,000 years of history.
Greg that is a straw man argument as I said nothing about my beliefs about how the universe was created. You are avoiding examining the genocide and torture. I do not believe Jesus inspired these individuals.
For recovering Catholic as I am one too, watch Richard Bennet – former Catholic priest:
He also has his ministry – purely biblical. BTW I am not a part of it. No conflict of interest here. Just want to share the ward of God.
You are correct. The errors of Catholic Church go back to the dark ages and more. It is Mithraism which is sun worship. Sun is worshipped by all religions except true Christianity. Have you noticed how all churches and all religion now have accepted the lead of Rome in the Ecumenical movement?
Revelation 13:3 And I saw one of his heads as it were wounded to death; and his deadly wound was healed: and all the world wondered after the beast.
(the head of the first beast – Rome. Whole world accepted mindset of the beast)
4 And they worshipped the dragon which gave power unto the beast: and they worshipped the beast, saying, Who is like unto the beast? who is able to make war with him?
(Dragon – Devil gave power to the beast – Rome. Is it happening now?)
3 And I saw one of his heads as it were wounded to death; and his deadly wound was healed: and all the world wondered after the beast.
4 And they worshipped the dragon which gave power unto the beast: and they worshipped the beast, saying, Who is like unto the beast? who is able to make war with him?
If you struggle with the concept of God and creation and please don’t take is personally for I don’t know you and is not only for you, please watch this beautiful video made by Phd scientists:
“The idea of two Gods or principles, one being good and the other evil, was central to Cathar beliefs. The good God was the God of the New Testament and the creator of the spiritual realm, contrasted with the evil Old Testament God—the creator of the physical world whom many Cathars, and particularly their persecutors, identified as Satan. All visible matter, including the human body, was created by this evil god; matter was therefore tainted with sin. This was antithetical to the monotheistic Catholic Church, whose fundamental principle was that there was only one God, who created all things visible and invisible. Cathars thought human spirits were the genderless spirits of angels trapped within the physical creation of the evil god, destined to be reincarnated until ……”
I dig this Catharism, thanks for the info.
You are mixing everything together and have no idea what you are talking about. You are using terms you don’t even understand. One cannot even respond to your post. Obviously you don’t believe in God who created the world and subscribe to the atheistic fanaticism.
Please watch the video I gave link to. We can continue from there.
Correction on the date. The Lateran Pact was signed by Mussolini in 1929 and ratified by Italy Constitution in 1948.
Are you saying that we are indeed the “Great Satan”? How about Israel? How does Israel and London fit into the Revelation?
Tin foil hat
Please don’t put words in my mouth. I am just quoting Bible and never used phrase “Great Satan”. Jews is a different story and this was not the topic. Jews are not in Book of Revelation. They made their stand: Mat 27:25. London is not in book of Revelation nor book of Daniel.
If you want to see the role of USA in the prophesy watch this video. But only watch it if you are seriously looking to the truth:
Glad you had Hemke on…some fresh blood even if it’s the same old tired message.
But again, let’s cut the crap.
It’s only about 2 things….TIME & PRICE….for ANY asset.
NOTHING ELSE !
And they are the only 2 things MISSING from every one of your interviews with these “gurus”.
But then again, why would anyone give an interview to anybody if they KNEW and were making a boatload of burger bucks……better to just make your bundle, and keep a VERY VERY low profile.
Metals are insurance, not an asset.
Do you consider the insurance policy on your home an asset?
Here’s another suggestion for a “Guest”…try to get this guru …
Avi Gilburt > https://www.elliottwavetrader.net/marketupdate/
Maybe you can pin him down on TIME & PRICE.
After all, that’s the “service” he sells.
And while you’re at it, see if you can get any kind of “audited” portfolio performance from him and any other “guest”…..wouldn’t it be nice to see that the person you are interviewing actually has some provable performance that matches his own ego ?
Dan … G. Mannerino posts all his trades every day – If that isn’t provible, then I an not sure what would satisfy your listening needs?!
My dealer said Avi always buy physical from him at the bottom of the gyration. If you were into trading papers, he seems to know the ebb and flow of the wave. However, I don’t think he’s ever pinpointed the timing of the big one or the final tsunami.
And here’s another > Eric Hadik > http://www.insiidetrack.com
He’s HEAVILY into CYCLE FORECASTING. But again, trying to get an “audited” performance record from him is like trying to squeeze honesty out of a politician. It just ain’t there.
I am no a financial analyst as your guests are. However, I am of the belief that our President is very aware of our financial condition and is preparing the US for a ” Soft Landing ” when the collapse comes.
What say you??
Does this look like a soft landing to you?
We are on the cusp of something between a full blown depression and the greatest global economic collapse the world has ever seen.
President Trump is trying his best, but it’s diffivult to unwind a decade of corruption.
This spectical is what brings me back to Greg’s site day after day. Other places have commentary’s but Greg’s site is a front row seat for the biggest event in recorded history outside the birth and death of Jesus Christ. This is not a sitcom or a an entertainment series. It is reality, and it’s happening in real time NOW!
You are only looking at how many stores are closings and not also looking at how many stores are opening.
I can testify that there are many more new stores opening than closing in my area of the country as well as the building of new bank branches and new homes. There are many help wanted signs and ads as there are in many areas of the country.
And let us not forget the increase each year of online sales.
Hello Greg, and Craig,
I have listened to this interview and I am of the same mind set to nearly everything that Craig has spoken about ! In regards to following in the footsteps of these so called BRICS Nations ! Who are and have been dumping their US Dollars and worthless US securities.
To put their paper Fiat funds in to real hard and tangible assets such Precious Metals, but there is a Very Big question here ! These BRICS Nations have all, a very massive scale of Debts in relation to their GDP ?
I was born I must say proudly in one of these BRICS Nations who have been building their own debts to huge mountains of worthless paper Fiat Currencies ! Not many people on your show Greg, including Craig Hemke, have mentioned WHY have these smart emerging markets of these BRICS have not got rid of their own huge debts ?
At the same time got rid of or are getting ride of the surplus US Securities or Dollars ! But their sovereign debts have not been getting smaller, but are still getting more bigger ? This is a real puzzle to me, because I do invest in PM’s but at the same time I am fully out of all types of debt ! So my question to you Craig and Greg, why are these BRICS and Craig, and I may guess also that you Greg, are still in some sort of debt, be it large or small ? Why do we cover a lot of wise and smart speakers on USWatchdog.com, who do give out great information on the air, but are still themselves are still in debt ?
Just as Craig, said at the end of his great interview with you Greg, said that he still has a MORTGAGE ? Why, and how can he have one after giving a great talk about getting out of debt and buying real tangible assets ? This is a real mystery to me ? Craig, must have known all this wise information for a very long time, since he has a website ? And still has some sort of debt ? We must practice what we preach or we can destroy our credibility !
My comments is solely based on human or ( Vulcan ) Logic, and not on any personal attack on Craig Hemke or Greg Hunter ! Who I have followed since I got in to this stuff at the start of 2001 !
Fact is that all of these guests only think they’ll know what and when it will happen; whatever that is. Do they really practice what they preach?
Too many crystal ballers nowadays.
Their thought processes are beginning to annoy me as they tend to be too negative.
I view all sides of the argument, even though I have given up on the MSM a decade ago, I still listen and chat with many citizens here that have a different view on my reality.
So called experts remind me of this guy.
Robert Peter Bailey,
If you can afford to cary debt meaning paying it without having incomes, you take a debt for when currency devalues, your house is more worth that your liability. Besides, you never own a house in this Shining City on the hill. If you think otherwise, try not to pay real estate tax. And the tax will be adjusted to the new value of the house.
Robert Peter Bailey,
I cash-out refinanced my primary home in 2010, 30 years fixed rate mortgage. The interest rate was so low, it was practically free money. I used it to pay off the variable rate Home Equity Line of Credit, buy an investment property, positive cash flow covers the mortgage, and PMs in cash.
After the reset, if that happened, I’ll pay off the mortgage with toilet papers. If the government allowed the banks to readjust the terms of the loan, I’ll walk away from my primary home but I’ll still have my investment property and PMs. Hence, I’m not spending any money on my primary residence unless it’s absolutely necessary. Home improvements go to the investment properties which I own free and clear.
Some of the BRICS nations are doing the same as I. They are building their own debts (which they can walk away from) and use it on infrastructures (investment properties) and other hard assets.
That’s super smart. Thanks for the idea as it’s a loophole we too can exploit here. Claim every expense on the investment property and let the family home slowly deteriorate over the next decade or more.
If you wish to let sony corp. know what you think of peter fonda and the new movie about to be released. Here it is…
Kevin Larsen West of Longview Wa KA7LRC 147.26/R
I believe this is the wrong link. Please dis-regard previous post. Thanks . Kevin Larsen
“Stealth Sheets” hide soldiers and vehicles from infrared cameras
CH needs to look at the following charts on USD strength:
With the trade war raging, USD will remain strong.
FAANG will hold-up the SM
Strong Oil price in USD terms is positive for USD as domestic oil output increases.
Love this site. Sounds dumb but is it worth buying gold and silver on a credit card if you can’t pay it off quickly. For the future gold really good and debt really bad. Doesn’t sound wise to me.
The MSM is talking about immigration and the GOP is talking about 23% cuts in SS, big cuts in Medicare and Medicaid. Inflation and a worthless dollar all coming with a “reset” and your guest nailed it with how the balance of trade works. The world is running out of money to buy our bonds and retired people will be starving without medical ALL while the rich are dreaming about becoming super-rich! Is this where America is going?
MAYBE it’s time for all Americans to think a bit more positive, learn more about people before you put them in office (no matter what party) and then vote them out if they don’t do what they promised! Be involved with education to make sure they are teaching your kids and don’t be afraid to question price increases, ask for discounts of inflated items, don’t throw garbage out your car window and don’t take illegal drugs. Don’t get greedy and you don’t always have to have the best of everything instead donate a couple of bucks to help others. BECAUSE when all this gets RESET you may end up being a better person for it.
P.S. Maybe you know Greg, I can’t confirm one way or another (so much fake news…) but I did read the Trump was a 33 degree Mason? I’m curious, do you know?
Greg…. 43 bowed and signed law to tolerate more gradualism toward Jesuit borderlessness ?
Yup—where does this all stop and truth becomes in vogue again…
Trump only attended his last two years of college at University of Pennsylvania, finishing up his undergraduate degree. Wharton School of Business is renowned for its graduate degree program s (think MBA) not undergrad studies. Trump did not attend as a grad student. Furthermore, he was nowhere near the top of his class, nor did he finish with any “honors”. Again, you are only fooling yourself and your viewers if you think he’s that smart. See this article: https://www.studyinternational.com/news/trump-student-wharton/
LOL – Look at UVA for example – Darden School of Business offers the MBA and is one of the best in the country. The undergraduate program at McIntire is top notch – Are you saying that a degree from University of Pennsylvania undergraduate business school is not an achievement? He may not have finished with any “honors” and may have not been at the top of his class but he has a few billion in the bank and became President – how is that for a resume?
Can you point me to evidence/proof that he actually ha “a few billion in the bank”? Dream on, Sucker!
Dream on sucker? I mean really – I do not care how much wealth he has – his wealth does not pick my pocket. He certainly has more wealth than me and my guess is that has more wealth than you as well. My response is to your comment about his intelligence. You seemingly don’t realize that the University of Pennsylvania is in the Ivy League – he may have not been at the top of his class but he did get in there and earned a degree as well. I mean really Mme. Hedin – do you really think this man is not a billionaire? Look at the income his companies generate – look at his real estate holdings – his plane, his cars, his tv/book royalties. He serves as POTUS at no charge and at a downgrade on his previous lifestyle as a private citizen. He is not hurting for money – obviously. Do you really think that an individual with no political experience can become President on the first attempt and not be intelligent? Like him or hate him – that is fine but I would not underestimate him like the Democrats, elements within the GOP and the main stream media did.
Mme. He’d in,
Imagine importing individuals with CDL driving experience from either Europe or South America who could stave off US financial disaster to keep goods moving quickly.
About the eight paragraph down, Paul Craig Roberts makes a less than startling comment about James Balfour, author of the Balfour Declaration.
Enjoyed the interview, just one picky correction: Edvard Munch, not Picasso, painted The Scream, many versions of it in different colors.
Smart Guy……loved it how he just stuck to the facts…. as he said the USA time is up with its free ride on the Petrodollar…… Trade deals are needed as your free ride is coming to the end.
End the Fed and the USA is dead.
While we try to protect our wealth by buying gold and silver over here to help protect our families … the warmongering neocons are taxing us to protect their heroin poppy fields in Afghanistan with American troops to kill our children … and the evil eugenicists are sending American troops at taxpayer expense to Africa to guard the Red Cross workers who are distributing Bill Gates and George Soros’s tainted vaccines to kill the natives over there! … we are going to lose this game if we don’t save more children then the warmongers and eugenicists can kill … we must continually sap the evil demons strength by buying gold so they have to use their dirty money to sell short more and more gold futures contracts.