By Greg Hunter’s USAWatchdog.com 

Fed Chief Ben Bernanke testified in front of the House and Senate this week about the economy and money printing.  The headline in USA Today says it all, “Fed Help Won’t Fade.”  Remember, this is $85 billion in bond buying each and every month.  That’s $45 billion in Treasury bonds and $40 billion in sour mortgage debt.  I call it the fraud and mistakes of big banks. Why doesn’t anyone in Congress ask which banks are getting $40 billion each and every month?    (more…)

By Greg Hunter’s USAWatchdog.com 

Wealth manager Chris Casey says, “The bust is the eventual end and, quite frankly, it has to occur based on what the Federal Reserve has done over the last five or six years.  I would envision it’s going to be like the seventies, but on steroids.”  As far as timing goes, Casey goes on to say, “Whether it’s in the next 12 months or the next 3 years, I can’t really say for sure . . . (more…)

By Greg Hunter’s USAWatchdog.com 

Employers are cutting full-time employees back to part-time to avoid the requirement of providing health insurance under Obama Care.  Trader Karl Denninger says, “As the Obama Administration runs against the economic reality of what they passed, they are now trying to find ways to dodge it. . . . (more…)

By Greg Hunter’s USAWatchdog.com 

The big story, once again, comes from Fed Chief Ben Bernanke.  This week, he did a 180 degree about-face and said the easy money policies of the Federal Reserve will go on for the “foreseeable future.”  Last month, he was talking about cutting back or “tapering” the massive $85 billion a month money printing and that caused a mini stock market crash.  (more…)

By Greg Hunter’s USAWatchdog.com  (revised)

Money manager Axel Merk says, “There really is no such thing as a safe asset anymore. . . . If you hold cash, the purchasing power of your cash is at risk. . . . What we do is try to get out of the dollar. We buy gold, we buy other currencies.” (more…)

By Greg Hunter’s USAWatchdog.com 

Former Assistant Treasury Secretary Dr. Paul Craig Roberts says new Trade deals with the EU and Asia are meant to backstop the dollar.  Dr. Roberts contends, “Washington is arranging that many countries have a stake in supporting the dollar.  That frees them from the consequences of the printing press for now and a number of years.”  (more…)

By Greg Hunter’s USAWatchdog.com 

A key provision in Obama Care has been postponed.  Didn’t I tell you even the strongest Obama supporters are worried about the damage this will cause in the economy?  The Obama Administration abruptly postponed the “employer mandate” portion of the health care rollout.  Employers were already cutting hours to 29 from 40 because they didn’t want to be forced to give health care to full time employees.  (more…)

By Greg Hunter’s USAWatchdog.com

The cartoon on the next page would be funny if not so true today.  Thank you all for your comments, donations and support.

Click the more link to see the cartoon. (more…)

By Greg Hunter’s USAWatchdog.com 

Hard asset expert Tom Cloud has spotted a clear trend with “the lions share” of his 2,000 high net worth clients.  Cloud says, “I had a client the other day who liquidated a several million dollar position in an ETF because he said it’s time to put gold and silver in my hand. . . . People, the wealthier they are, want to get physical gold and silver in their hands.”   Cloud is far from alone in his observation.  Cloud reports, “I was talking to a major wholesaler last week, when the price was going down, and I asked how many orders have you had today?  He said 560.  I asked how many have sold to you?  He said 20.”    (more…)

By Greg Hunter’s USAWatchdog.com 

Financial analyst Dr. Jim Willie says there is no way the Fed is going to stop printing money or even “taper” it.  He charges, “Everything is dependent on Fed support.  They know if they take it away, they’re going to create a black hole.  The Treasury bond is the greatest asset bubble in history.  (more…)

By Greg Hunter’s USAWatchdog.com 

Russia is still holding NSA leaker Edward Snowden.  This is a major embarrassment to the Obama Administration on many levels.  On the first level, why couldn’t Snowden come forward to let America know about this spy program?  Many say this kind of spying has been known for years.  (more…)

By Greg Hunter’s USAWatchdog.com 

Top trends forecaster Gerald Celente says NSA leaker Edward Snowden is a non-event.  Celente charges, “What did Snowden say that we didn’t write about over a year ago.”  Celente says the real stories are the imploding economy and coming war.  (more…)

By Greg Hunter’s USAWatchdog.com 

Real estate expert Fabian Calvo says, “If Bernanke stops printing money, the housing market completely falls apart. . . . They’re just going to continue printing money until there is some sort of end-of-the-road event where this implodes.”  (more…)

Greg Hunter’s USAWatchdog.com 

The Middle East, namely Syria, continues to dominate the news in my world.  It is because the threat of a wider war is increasing and not decreasing.  President Obama met with Russian President Vladimir Putin about Syria and the civil war that has taken the lives of more than 90,000 Syrians.  How did the meeting go?  In a word, bad.  No agreement was reached to end the war, and Russia will not agree to anything that removes the Assad regime.  So, it appears to be “game on” in the war front as the U.S. arms the rebels which are, in effect, al-Qaeda terrorists. 

(more…)

Greg Hunter’s USAWatchdog.com 

Bob Wiedemer, author of “The Aftershock Investor,” says, “People are definitely in denial about what we’re doing. . . . Nobody mentions the $85 billion a month we’re printing now. . . . We’ve only printed about $800 billion in the last 100 years.  We’re going to print more than that next year.  So, literally 100 years of printing next year.”  (more…)