By Greg Hunter’s USAWatchdog.com   It seems the problems in the European Union are far worse than most Americans realize.  The economic problems there are turning into problems of tyranny.  It appears Europe is losing its sovereignty to the bankers.  Most in the U.S. have no idea what’s really going on there. Nigel Farage MEP (Member of the European Parliament) knows.  This week, he gave another tongue lashing to his EU counterparts on how the fiscal crisis is being used to thwart freedom in Europe.  You will never see Mr. Farage on mainstream television in the U.S.  You have to ask yourself why not?  (more…)

Greg Hunter’s USAWatchdog.com              

Economist John Williams says the latest round of “open-ended” QE has set the table for a global “dollar sell-off” and “hyperinflation” no later than 2014.  Williams says, “There’s no way the consumer can fuel the economic recovery, and there is no way we’re going to see one in the near future.”  Williams predicts, “The Treasury is going to have funding problems, and that means the deficit gets a lot worse.” 

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By Greg Hunter’s USAWatchdog.com 

Fabian Calvo buys and sells a $100 million worth of distressed mortgage debt and property a year.  He says, “We haven’t even scratched the surface of being at the bottom of the housing market.”   (more…)

Greg Hunter’s USAWatchdog.com 

The big story this week was Round 2 of the Presidential Debates.  Obama was on his game, but I still have to give a light edge to Romney on the pounding he gave the President on the rotten economy.  That said, I wish I could have asked a few questions of the candidates.  Here’s three I would have asked:   (more…)

Greg Hunter’s USAWatchdog.com 

Financial analyst Greg Mannarino says the latest GDP number “. . . is a farce . . . I don’t think we’re growing at all.”   Mannarino says what we do have is growing inflation.  He thinks, “The dollar is in a terminal phase,” and everyone should “bet against debt” with gold and silver. 

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Greg Hunter’s USAWatchdog.com 

Hard asset expert Tom Cloud has more than three decades of hard asset experience and more than 2,000 high-net-worth clients.  Cloud says the rich are putting “45% of their wealth into hard assets” like gold and silver.  Cloud says his clients “. . . fear there’s going to be a new currency . . . they know gold will win no matter what.”  Cloud’s clients think the dollar’s days are numbered as the “petro currency.”  When oil is traded globally in other currencies, Cloud says, “The dollar is going to fall off the table, everybody agrees on that.”  Cloud thinks that could happen in less than “18 months.”  When the dollar plunges, interest rates will spike, and Cloud predicts, “Bonds are the next killing field of investments.”   Cloud is confident, “Gold will double in less than 4 years.”  (more…)

Greg Hunter’s USAWatchdog.com 

The Vice Presidential debate was this week, and it was supposed to get into the real down and dirty numbers.  Vice Presidents rarely make a difference in the outcome of a Presidential election, so who cares who won.  I am focusing on what is not said, and both parties conveniently leave out the $85 billion a month the Fed is printing to bail out bankers and suppress interest rates.  (more…)

Greg Hunter’s USAWatchdog.com 

Since this site went on line three years ago, more than a dozen readers either emailed or commented they cashed out of their IRAs or 401-Ks, paid the tax and penalty, and invested in physical gold and silver.  One reader, in particular, told me he did this when gold was at the outrageous “bubble” price of around $800 per ounce.   (more…)

Greg Hunter’s USAWatchdog.com 

Karl Denninger of Market-Ticker.Org says both Romney and Obama are lying about health care reform.  Denninger says drastic changes are coming no matter what, “. . . because the amount of money the federal government spends doubles every seven years . . . this is mathematically impossible.”  (more…)

Greg Hunter’s USAWatchdog.com 

The first Presidential debate is wrapped up, and it looks like Republican challenger Mitt Romney scored a big victory against President Obama.  Romney zinged Obama a couple of times and looked way more prepared than the President.  When Obama brought up the nearly $3 billion in tax credits given to oil and gas companies, Romney fired back with $90 billion to green energy companies, most of which have failed or are not making a profit.  (more…)

By Greg Hunter’s USAWatchdog.com 

Investor Reggie Middleton says the “unlimited” money printing by the Fed is a “real-time Frankenstein experiment.”  Middleton “. . . doesn’t see a positive end to this.”  He says, “Insolvent institutions need to fail and start from scratch,” but global central banks are propping them up because they think they can put the economy back on track with trillions in freshly printed cash.  (more…)

By Greg Hunter’s USAWatchdog.com 

Dr. Paul Craig Roberts, Assistant Treasury Secretary in the Reagan Administration, says, “The Israel/Iran conflict is not about nukes, but water!”  Dr. Roberts says, “Israel wants to get rid of Iran as supplier to Hezbollah . . . . So they can overrun Southern Lebanon,” because that’s where the water is.  So, could Israel attack Iran before the November Presidential Election?  (more…)

Greg Hunter’s USAWatchdog.com 

There were lots of fireworks at the United Nations this week.  Yesterday, the Prime Minister of Israel, Benjamin Netanyahu, was drawing a red line of his own on a crude picture of a bomb.  Don’t laugh, because he was really talking to the U.S. audience in illustrating his point that Iran is getting close to building a nuclear bomb.  It was simple but effective.  (more…)

By Greg Hunter’s USAWatchdog.com 

We have long been told that gold is a commodity–that it is no different than a bushel of corn or a barrel of oil.  In many newspapers, it is listed under the commodity section.   With the advent of the Federal Reserve’s recent announcement of “unlimited” Quantitative Easing (QE) or money printing, that has changed.  The view of gold as a commodity has circled back to what banker JP Morgan proclaimed to Congress in 1913, “Gold is money and nothing else.”   Many folks in the blogosphere have long agreed with the original JP Morgan.  (more…)

By Greg Hunter’s USAWatchdog.com 

Top trends forecaster Gerald Celente says, “The first great war of the 21^st century has begun, and people are afraid to call it what it is.”  Celente says the extreme violence in in the Middle East and North Africa is Not because of a movie that pokes fun at Islam.  It’s because of decades of bad U.S. foreign policy.  Celente calls people like Rudolph Giuliani a (more…)