Latest Posts
Bet Against Debt-Greg Mannarino
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.
Bonds Next Killing Field of Investments-Tom Cloud
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…)
Weekly News Wrap-Up 10.12.12
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…)
Great Asset Repositioning
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…)
Fix Health Care or Government Collapses-Karl Denninger
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…)
Weekly News Wrap-Up 10.5.12
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…)
Money Printing Frankenstein Experiment-Reggie Middleton
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…)
Controversy Over Iran’s Nuclear Program is a Hoax-Paul Craig Roberts
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…)
Weekly News Wrap-Up 9.28.12
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…)
Gold is a Currency
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…)
Gerald Celente-The First Great War of the 21st Century has Begun
By Greg Hunter’s USAWatchdog.com
Top trends forecaster Gerald Celente says, “The first great war of the 21st 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…)
Weekly News Wrap-Up 9.21.12
By Greg Hunter’s USAWatchdog.com
The Middle East and North Africa are on fire. The latest blow-up happened in Pakistan where the U.S. Embassy was attacked by protestors. There have been attacks and protests on U.S. interests in Middle East countries such as Libya, Egypt, Yemen, Sudan and many others. The Obama Administration says it is all because of some anti-Muslim movie, but many think it is way more about our foreign policy. (more…)
Peter Schiff-Dollar Vulnerable to a Massive Collapse, Buy Gold and Silver
By Greg Hunter’s USAWatchdog.com
Money manager Peter Schiff says, “The stage has been set for a currency crisis and a sovereign debt crisis, and they’re going to come relatively soon.” Schiff says the latest round of “unlimited” money printing by the Fed has only “postponed the collapse.” Schiff, who recently wrote a book called “The Real Crash,” thinks, “The longer we wait, the worse it’s going to be.” (more…)
Libertarian Presidential Candidate Gary Johnson
By Greg Hunter’s USAWatchdog.com
You may not have heard much about Gary Johnson from the mainstream media, but he’s running for President this year on the Libertarian ticket. Johnson has real experience as a former Governor of New Mexico. He’s not afraid to give it to the people straight. (more…)
Jeff Berwick-0% Interest Rates Until the System Dies
By Greg Hunter’s USAWatchdog.com
Jeff Berwick of Dollarvigilante.com says, “We’re on 0% interest rates . . . and quantitative easing (money printing) until the system dies.” Berwick is predicting “chaos” when it all comes down. He doesn’t know how exactly it will all shake out because, “We’ve never had a global system like this die before.” (more…)