By Greg Hunter’s USAWatchdog.com 

I don’t see how anyone could say the financial system is stable.  The facts say it is anything but well-balanced and steady.  The Western world is in crisis with Europe leading the way over the financial cliff.   Pick a country in the EU.  France, Greece, Spain or Italy are all capable of causing the next financial panic.  I can’t tell you how many times I’ve heard or read the word “collapse” in reporting on this spiraling financial crisis.  (more…)

By Greg Hunter’s USAWatchdog.com 

Professor William Black is an outspoken critic of Wall Street.  Black, a former bank regulator and professor of law and economics, says, “Outright fraud caused the great recession, and they are able to do it now with impunity.”  (more…)

By Greg Hunter’s USAWatchdog.com 

There’s a new U.S. intelligence report that is raising urgency over Iran’s nuclear program.  The White House has, once again this week, reaffirmed its commitment to prevent Iran from developing nuclear weapons.  Commenting on the new information, Israeli Defense Minister Ehud Barak said, “A nuclear Iran is taking shape right before our eyes.”  (more…)

By Greg Hunter’s USAWatchdog.com

The Financial Survival Network (FSN) invited me on to talk about the state of journalism in the mainstream media (MSM).  People are largely in the dark about what is really going on in the world today and are woefully unprepared for a coming calamity.  It’s all because of the terrible job the MSM is doing informing the public!   (more…)

By Greg Hunter’s USAWatchdog.com 

Charles Biderman, CEO of Trim Tabs Investment Research, says, “If Europe, the U.S and Japan are all printing money to pay bills, what else is there besides gold?”  Everone should be holding physical gold in their portfolio.   (more…)

By Greg Hunter’s USAWatchdog.com 

Lots of news out this week about the silver manipulation case being dropped by the Commodity Futures Trading Commission (CFTC) with zero action.  The first of several stories was put out by the Financial Times on Monday.  (more…)

By Greg Hunter’s USAWatchdog.com 

Eric Sprott of Sprott Asset Management is one of the best performing money managers with returns topping 20% for more than a decade.  He has $10 billion under management, and it’s no secret Mr. Sprott is a long term bull on physical gold and silver.  It looks like other big money men like “Bond King” Bill Gross are also thinking about going long on the yellow metal.   Sprott points out, “When the Bond King goes to some sort of physical asset, I think you can see some kind of sea change.”  (more…)

By Greg Hunter’s USAWatchdog.com 

Iran’s supreme leader, Ayatollah Ali Khamenei, said to his top generals, “We’ll be at war within weeks.”  The quote and story comes from Debka.com, a credible source.  Meanwhile, this week, Israeli Prime Minister Benjamin Netanyahu reportedly told U.S. Secretary of Defense Leon Panetta that sanctions are not working, and time is running out to stop Iran’s nuclear program.  (more…)

Greg Hunter’s USAWatchdog.com 

The latest Case-Shiller Home Price Indices report came out yesterday.  This report is considered one of the best measures of the housing market nationwide.  It didn’t take long for the mainstream media (MSM) to, once again, spin a non-existent “recovery” story.  (more…)

Greg Hunter’s USAWatchdog.com   

Professional trader Rick Ackerman thinks “the next market meltdown is going to look like the flash crash” of a few years ago.  Ackerman is the creator of an investment newsletter called “Rick’s Picks.”  He says the dollar is “ultimately garbage” and is backed by “nothing but debt,” but that doesn’t mean the dollar will crash in the near term.  Ackerman thinks it’s “going much higher” before it goes lower.  (more…)

By Greg Hunter’s USAWatchdog.com 

Once again, Syria is at the top of the News Wrap-Up.  Russia is sending a large contingent of marines to Syria.  They will park off the coast, ready to go ashore if needed.  I told you this was not going to go down like Libya.  Russia has a naval base in Syria and is a big ally of the Syrian government.  Now, Iran is saying it will come to the help of the Syrian government and will not permit a regime change.  (more…)

By Greg Hunter’s USAWatchdog.com 

USA Today’s headline Monday in the “Money” section of the newspaper read “Will fragile U.S. economy shatter?”  This story should have come with an apology to readers for reporting a so-called “recovery” for a couple of years now that was, in reality, nothing more than bottom bouncing.  (more…)

By Greg Hunter’s USAWatchdog.com 

Could the credit crisis we face globally destroy civilization as we know it?  Richard Duncan, author of a new book called, “The New Depression: The breakdown in paper money,” says yes!  Duncan claims the $50 trillion in credit expansion in the last 40 years must continue or the system will basically fall into complete chaos.  (more…)

By Greg Hunter’s USAWatchdog.com 

Investment banker and Wall Street insider James Rickards says the Libor rate rigging scandal “is the greatest fraud and greatest potential liability in history.”  He thinks rate rigging banks could be on the hook for “$2.5 trillion,” and “The potential damages could destroy the banking system.” 

Rickards is the author of the best seller “Currency Wars: The Making of the Next Global Crisis.”  He says, “Too big to fail has turned into too big to jail.  These guys are outside the legal system.  They can do whatever they want.”  (more…)

By Greg Hunter’s USAWatchdog.com 

Syria is on fire.  Top aides of President Assad were killed in a bombing attack this week by rebels.  The government responded by shelling neighborhoods around Damascus.  Syria is threatening to take its chemical weapons out of storage.  Israel is worried these weapons could fall into the hands of Hezbollah and is threatening a preemptive attack.  Increased sanctions against Syria were vetoed in the U.N. by China and Russia.  (more…)