Latest Posts
Negative Interest Rates Signal Final Currency War-Andy Hoffman
By Greg Hunter’s USAWatchdog.com
Financial analyst Andy Hoffman says the negative interest rates installed last week by the European Central Bank will eventually mean depositors will pay the banks in Europe to hold their money. Hoffman explains, “I believe that will happen in time . . . inevitably there are only so many tools in the arsenal of the central bank. They can print money and lower interest rates . . . all that stuff. Now, the ECB, like the Bank of Japan, and the Fed are at the bottom of the barrel. . . . (more…)
Weekly News Wrap-Up 6.6.14
By Greg Hunter’s USAWatchdog.com
The top story is the global economy. It’s not fixed and there is no real recovery. Yes, I know the stock market hit all-time highs again, but that’s because the market believes the Fed; and now the European Central Bank will continue the easy money policies. The ECB just announced it will go to negative interest rates of -.1% on deposits. That’s right. In, Europe you have to pay a bank to hold your money! (more…)
U.S. Has Plans for Preemptive Nuclear Attack- Paul Craig Roberts
By Greg Hunter’s USAWatchdog.com
Former Assistant Treasury Secretary Dr. Paul Craig Roberts says the U.S. has plans for nuclear war with our rivals. Dr. Roberts explains, “Washington not only has war plans for launching a preemptive nuclear attack on Russia, and also possibly China, but Washington has a cadre of people who advocate nuclear war. We have people running around Washington saying things such as ‘What’s the good of nuclear weapons if you can’t use them.’ . . . These weapons are so lethal that if just one percent of the inventory of the U.S. and Russia were used, the death toll would be at least 2 billion people. (more…)
War Greatest Risk-Not Global Financial Collapse-Catherin Austin Fitts
Greg Hunter’s USAWatchdog.com
In her latest report, investment advisor Catherine Austin Fitts says, “The greatest risk is not global financial collapse. Our greatest risk is war.” Ms. Fitts explains, “I am talking about war in many different venues. What we’ve seen in a place like Ukraine is very much defined by what’s called “soft weapons.” So, we are watching war through the information systems and cyber hacking. (more…)
Weekly News Wrap-Up 5.30.14
By Greg Hunter’s USAWatchdog.com
The supreme leader of Iran, Ayatollah Ali Khamenei, is sounding like there are not any negotiations to curtail that country’s nuclear program. Khamenei said Jihad is “endless” and the “battle will only end when the society can get rid of . . . America.” (more…)
U.S. Gold Holdings Close to Zero-Rob Kirby
By Greg Hunter’s USAWatchdog.com
Financial analyst Rob Kirby is an expert on forensic macroeconomics. His research shows central bankers are starting to not trust each other. Kirby cites Austria’s recent demand to audit its gold held in London. Kirby explains, “. . . Austria seems to have a reason to want to go and see it and inspect it and know that it is real and see it hasn’t been sold and nothing untoward has been done to it.” (more…)
James Rickards-Financial Collapse and Massive Shortages in Gold Coming
By Greg Hunter’s USAWatchdog.com
Financial expert and best-selling author James Rickards’ latest book predicts “the coming collapse of the international monetary system.” One of the sign posts is countries like Russia declaring it will shed the U.S. Dollar as reserve currency in international trade. Rickards explains, “Putin said he envisions a Eurasian economic zone involving Eastern Europe, central Asia and Russia. The Russian Ruble is nowhere near ready to be a global reserve currency, but it could be a regional reserve currency.”
Weekly News Wrap-up 5.23.14
By Greg Hunter’s USAWatchdog.com
We go overseas for the top stories, and they involve China, Russia and Iran. First, China and Russia and the oil and natural gas deal that excludes the dollar, in a deal worth $400 billion over the next 30 years. Please take note, this deal excludes the U.S. dollar. If this doesn’t signal the beginning of the end of the petro dollar, then I don’t know what does. (more…)
Dollar Collapse Starts in Late 2014-Charles Nenner
By Greg Hunter’s USAWatchdog.com
Renowned financial analyst Charles Nenner has been studying cycles to predict all major markets for the past three decades. Does all the global manipulation in the markets make a difference to the timing of the cycles? Nenner says, “It doesn’t . . . all these things have nothing to do with the way the markets behave. They are part of the market behavior.” (more…)
Dollar on the Brink of Disaster-John Williams
By 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
Greg 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
By 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
By 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
By 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
By 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…)