By Greg Hunter’s USAWatchdog.com 

Former bank regulator and Professor William Black says, “Apparently, regulators are much more sophisticated than we were because we had never thought of leaving felons in charge of our largest financial institutions.”   (more…)

By Greg Hunter’s USAWatchdog.com

Precious metal expert Rick Rule is not worried about the recent smack down in gold and silver prices.  Rule is motivated by wealth protection.  So, the price decline is a “nonevent.”  Rule asks, “What are the alternatives?  Perhaps you’d like to buy a 30-year U.S. Treasury, something Jim Grant famously described as a return-free risk.”  (more…)

By Greg Hunter’s USAWatchdog.com 

North Korea, once again, leads the Weekly News Wrap-Up.  There has been nothing done to ease tensions in the past week on the Korean Peninsula—just the opposite.  On one side, you have the North Koreans planning more missile launches.  On the other, you have U.S. Secretary of Defense Chuck Hagel saying North Korea was “skating very close to a dangerous line.”  (more…)

By Greg Hunter’s USAWatchdog.com

Sometimes I am shocked at what leaks out over the mainstream media.  Two days ago, former White House Budget Director in the Reagan Administration, David Stockman, dropped some financial bombs in an interview on FOX.  He said the Social Security Trust Fund  was “filled with confetti.”   This was not included in the cut I posted.  What is included in the clip is Stockman saying if the Fed was “gone fishing” for six weeks (meaning it would stop the $85 billion a month “open-ended” money printing),  “there would be calamity in the markets.”  (more…)

By Greg Hunter’s USAWatchdog.com 

You want to know why gold and silver prices are down?  Listen to former Assistant Treasury Secretary Paul Craig Roberts.  He says, “When gold hit $1,900, the Federal Reserve panicked because they realized with the dollar deteriorating so rapidly, compared to bullion prices, that soon it would also deteriorate its exchange value with other currencies.”  (more…)

By Greg Hunter’s USAWatchdog.com 

Dr. Jim Willie of GoldenJackass.com says powerful forces around the globe are working to do away with trading in U.S. dollars because of massive money printing by the Fed.  Dr. Willie says, “The world makes a reaction, and what they have done is create, slowly but surely, a U.S. dollar alternative for trade.”  (more…)

By Greg Hunter’s USAWatchdog.com 4.5.13 

Just three stories today, but they are big ones–North Korea, the Middle East and the ongoing banking crisis.  North Korea has rattled its saber in the past, but not this loudly.  Any talk that this is another bluff to get the world to back off on the sanctions for its nuclear program is underestimating the seriousness of the situation.  (more…)

By Greg Hunter’s USAWatchdog.com 

Economist John Williams says don’t be fooled by the new highs on the Dow.  Williams contends, “The economy is still in serious trouble.  The banking system is still in serious trouble.  The budget deficit is exploding out of control.”  Williams thinks the ongoing banking crisis in Cyprus has global implications.  (more…)

By Greg Hunter’s USAWatchdog.com 

Trends forecaster Gerald Celente says, “The United States is provoking North Korea.  They keep putting more and more sanctions on them.  It’s economic warfare.”  Celente is worried that “economic warfare” will turn into a shooting war.  (more…)

Greg Hunter’s USAWatchdog.com 

There were new all-time highs on the Dow and S&P 500 this week.  Of course, the mainstream media didn’t mention a word about how the Fed’s “open-ended” $85 billion a month bond buying program helped push the stock market to new highs.  Maybe that’s why even some of the folks on CNBC called the market “creepy.”    (more…)

By Greg Hunter’s USAWatchdog.com 

Money manager Peter Schiff says, “Cyprus is a wake-up call for everybody who has a bank deposit. . . . When you are depositor, you are, in fact, . . . lending your money to the bank.”  Schiff predicts, “There’s no question . . . banks will fail.  (more…)

By Greg Hunter’s USAWatchdog.com 

In January, Economist Dr. Laurence Kotlikoff said he was “worried” that the economy was reaching “a real threatening point.”  The Cyprus banking crisis hit the Globe last week.  Now, when asked if he was still “worried,” he replied, “This morning, I moved my money out of the stock market  . . . because I’m worried about Cyprus.”  (more…)

By Greg Hunter’s USAWatchdog.com  

I am covering just three stories in the Weekly News Wrap-Up, but they are big ones.  They are the Cyprus bailout, Obama and his Middle East trip, and the Fed’s decision to keep on printing.  The EU is getting very tough with Cyprus and its banking crisis.  It is demanding it pay in some way for part of the bailout of its troubled banks.  (more…)

By Greg Hunter’s USAWatchdog.com 

Financial Analyst Gregory Mannarino says the banking crisis in Cyprus is a signal of what is coming to the rest of the world.  Mannarino says, “People are now going to start losing faith in these institutions.  This cannot stand, and we may be very, very close to the pan-global financial collapse that I believe is coming.”  (more…)

By Greg Hunter’s USAWatchdog.com 

Former Assistant Treasury Secretary Dr. Paul Craig Roberts says there is another financial calamity coming to the U.S.  Dr. Roberts says, “It is a crisis they can’t avoid.  One way or another it’s going to bite very hard, whether it comes through the dollar or the bonds.”    (more…)