Latest Posts
U.S. Government is Insolvent-Eric Sprott
By Greg Hunter’s USAWatchdog.com
Money manager Eric Sprott was not surprised by the Fed announcement to keep printing $85 billion a month. Don’t expect the money printing to end anytime soon because Sprott predicts, “If my forecast for the U.S. economy is true, they will be doing it forever.” (more…)
Weekly News Wrap-Up 9.20.13
By Greg Hunter’s USAWatchdog.com
To taper or not to taper–that is the question, and we have an answer. The Fed is going to keep on printing $85 billion each and every month. All the speculation the Federal Reserve was going to cut back on the money printing went “poof.” The stock market spiked to new highs, but this is really just a “sugar high.” (more…)
Gold Backwardation-The Meltdown of All Meltdowns-Karen Hudes
By Greg Hunter’s USAWatchdog.com
Former World Bank Senior Counsel Karen Hudes says, “It’s pretty clear where we’re headed, and that is something called permanent gold backwardation. That’s a fancy word for people losing confidence in paper currency. That means the value of currency in the future is less than today.” How bad is “permanent gold backwardation”? (more…)
Nomi Prins: War Could Implode Financial System Starting with Derivatives
By Greg Hunter’s USAWatchdog.com
Former Goldman Sachs banker Nomi Prins says the financial system is more risky than before the 2008 meltdown. Prins, who wrote the best-seller “It Takes a Pillage,” says, “We have greater concentration of . . . financial risk within fewer institutions. So, we’re in a situation where there is moral hazard, but there is more recklessness beneath the surface because they know they can get away with it.” (more…)
Weekly News Wrap-Up 9.13.13
By Greg Hunter’s USAWatchdog.com
Syria, once again, is the top story this week. We heard from both President Obama and Russian President Vladimir Putin. President Obama says an attack must be done to punish Syria for using chemical weapons. Meanwhile, Secretary of State Kerry tries to work out a deal to take control of Syria’s chemical weapons so an attack can be averted. (more…)
Gold Price Will Double the Dow-Mike Maloney
By Greg Hunter’s USAWatchdog.com
Precious metals expert Mike Maloney says, “According to dividend yields, we’ve never been in a bubble as big as we are today. So, I wouldn’t get involved in stocks at these levels. I think they’re insane.” Maloney wrote the best-selling book, “Guide to Investing in Gold and Silver.” Maloney says real estate and bonds are also overvalued. The only things undervalued are precious metals. (more…)
U.S. Ship of State is Sinking, It’s a Derelict Vessel-Jim Willie
By Greg Hunter’s USAWatchdog.com (Special Sunday Release)
When it comes to U.S. economic or foreign policy, Dr. Jim Willie, Publisher of the Hat Trick Letter, says, “The U.S. Ship of State is sinking, and it is a derelict vessel.” About President Obama, Dr. Willie contends, “He looks weak. He looks backed into a corner. He looks just like Fed Chief Bernanke who also has no exit strategy. They are all tied together because a lot of the actions out there are directed against the dollar.” (more…)
Weekly News Wrap-Up 9.6.13
By Greg Hunter’s USAWatchdog.com
All eyes are on Syria and the threat of a U.S. strike. It is apparent the overwhelming majority of Americans are against going to war in Syria. A special Senate committee voted 10 to 7 for military action. They are calling for the strike to “change momentum on the battlefield.” Reports coming from legislators are extremely negative. (more…)
Syria will Lead to World War III and it will be Nuclear-Paul Craig Roberts
By Greg Hunter’s USAWatchdog.com
Former Assistant Treasury Secretary Dr. Paul Craig Roberts says, “Let’s cut to the chase. It’s got nothing to do with Syria. The reason they are looking for a fabricated excuse to attack Assad is to continue the radicalization of Muslims in the hopes this spreads into the Muslim populations of Russia and China. . . . Washington intends to weaken the two giants it cannot run over.” (more…)
Cataclysmic Collapse in Housing on the Horizon-Fabian Calvo
By Greg Hunter’s USAWatchdog.com
Real estate expert Fabian Calvo says, “They are pumping up the housing market all the way to the top until—boom. The thing blows up. I think that’s what’s happening and what people are counting on.” (more…)
Edward Snowden is Not a Traitor
By Greg Hunter’s USAWatchdog.com
Today, I called Edward Snowden a traitor for releasing information about the U.S. “Black Budget.” That was a mistake. The NSA has overstepped its bounds, and what it has done and is doing is, without a doubt, unconstitutional. Snowden is a whistleblower and a hero for revealing this massive spy program. (more…)
Weekly News Wrap-Up 8.30.13
By Greg Hunter’s USAWatchdog.com
To bomb or not to bomb. That is the question for President Obama on Syria. This is the only real story to be concerned with as Syria is the domino that could spark World War III. I am not being dramatic. (more…)
Time to Tell these Crooks they’re Fired-Karen Hudes
By Greg Hunter’s USAWatchdog.com (Update #2)
(You Tube has restored the video. Apparently it was some sort of glitch on their end. I am happy it is back up.)
World Bank attorney Karen Hudes says she is one of a group of global whistleblowers. Hudes contends, “We’re running out of time. It’s time to tell these thugs and crooks that they’re fired.” Hudes goes on to say, “We don’t have to wait for anybody to fire the Fed or Bank for International Settlements . . . some states have already started to recognize silver and gold, the precious metals, as currency . . . there are other alternatives like Bitcoin . . . We, the consumer, can choose which currency to use, and that’s what we’re going to do in very short order.” (more…)
Financial Calamity- It’s Coming, Be Worried, Be Careful-Jim Rogers
By Greg Hunter’s USAWatchdog.com
Famed investor Jim Rogers says, “This is the first time in recorded history all the banks are printing money at the same time. . . . This is the first time we’ve had massive debasement, and it’s going to end very badly no matter what they say.” Rogers, who has written books on global investing, says, “Whether they keep printing or stop printing money globally, it is going to end badly.” If money printing stops, Rogers contends, “Banks are not going to be lending. Financial markets are going to go down. Currency markets are going to be in great turmoil. It’s not going to be any fun.” (more…)
Weekly News Wrap Up 8.23.13
By Greg Hunter’s USAWatchdog.com
I am mainly focusing on two areas today–the Middle East and the coming financial calamity. Let’s start with Syria. There have been new reports about another poison gas attack, and this one is particularly gruesome. The number of reported deaths could be as high as 1,300. The al-Qaeda backed Syrian rebels say it was the Assad regime. So does the U.S. (more…)