By Greg Hunter’s USAWatchdog.com

Financial writer and precious metals broker Bill Holter says the latest .5% rate cut by the Fed shows something is very wrong with the economy.  There were some big reported problems a few months ago with the yen carry trade blowing up and 63 banks hiding $500 billion in losses.  Now, billionaire investor Warren Buffett is selling off millions of shares in BofA stock, inflation has surged, along with business bankruptcies in America, and total household debt and federal debt has hit new all-time highs.  This is just scratching the surface of the financial problems that are already here.  The world is wrestling with unpayable debt everywhere.  So, why the big rate cut now when the Fed says the economy is going great? (more…)

By Greg Hunter’s USAWatchdog.com 

Almost everything you see and hear with the Lying Legacy Media and the government is a lie.  Just this past week, the Biden Administration backtracked about employment as it was widely reported, “US economy added 818,000 fewer jobs than first reported in year that ended in March.”  A huge miss or a huge lie–take your pick.  Other big lies we have been told in recent years:  “Trump is colluding with Russia,” “Hunter Biden’s laptop is Russian disinformation,
and the “CV19 vax injections are “safe and effective.”  That is just scratching the surface of the lies we are told on a daily basis.  The lies, which people realize are becoming preposterous, are adding to the public’s lack of confidence in everything, including the economy. (more…)

By Greg Hunter’s USAWatchdog.com (Sat123.com Sponsored Post)

Here we go again.  It’s another extreme storm disaster that looks like it will knock the power out for millions of people on the East Coast.  It’s all because of Hurricane Debby.  This is why I have been warning for months that people need alternative power generation to keep things like lights and refrigerators going when the power is cut off.  Who knows how many millions of people will be without power and how long will it be dark. (more…)

By Greg Hunter’s USAWatchdog.com (Sat123.com/BeReady123.com Sponsored Post)

The very first storm of the hurricane season in the US knocked the power out for millions of people Monday in Houston, Texas, and the surrounding area.  CBS news reports, “Beryl signals a ‘hyperactive’ 2024 hurricane season, new forecast says.”  One report says power could be out for many days in the Southeast Texas area.  It’s going to be a long dark summer for those in reach of the Atlantic hurricane season, but it does not have to be that way.  Don’t wait to secure backup power.  Tons of food will no doubt spoil with no power to run refrigerators and freezers.  (more…)

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Financial writer and precious metals broker Bill Holter has been documenting all the unpayable debt that has been building up in the financial system like cancer.  The latest black hole of default is coming from a big bank in Japan.  Norinchukin Bank is selling $63 billion in Treasuries and other sovereign bonds to stay afloat.  Then there is recent news announced by the FDIC that 63 US banks (the names are being kept secret) have more than $500 billion in losses, and let’s not forget about the trillions in losses sitting on the books of European banks ready to suck the world into a black debt hole.  This is just a few of many on a long list of destabilizing problems that can tank the entire over-indebted financial system.  Holter warns, “The list is so long, it could be a banking problem.  It could be a derivatives problem.  It could be a derivatives problem in the stock market, the bond market and you could see a failure to deliver in silver.  Some type of warfare could crash the system.  You could see warfare in Ukraine, Israel or Tiawan.  The system is so unstable, at this point, it could be anything that could bring it down.  Unpayable debt is not just a US problem.  This is all over the world.  Central banks are having to issue huge amounts of debt because we are in the exponential decay phase.  We are exactly where Richard Russell said we would be 20 years ago.  It’s inflate or die, and the only way to inflate is to create more money supply.” (more…)

By Greg Hunter’s USAWatchdog.com 

Dr. Sherri Tenpenny was one of the first doctors to sound the alarm on the massive deaths and disabilities that would come from the CV19 “vaccine.”  She was right, but that did not stop the Ohio Medical Board from suspending her license.  Dr. Tenpenny recently had her medical license restored, and she did not have to make a single retraction about warnings she gave about the CV19 bioweapon vax.  Now, Dr. Tenpenny is sounding the alarm again and telling people NOT to take the new experimental “Bird Flu” vax.  Dr. Tenpenny says to expect more deaths and injuries from this medical malpractice, too.  (more…)

By Greg Hunter’s USAWatchdog.com (WNW 636 5.31.24)  (John Rubino is a guest and helps Greg with the Wrap-Up)

Donald Trump was convicted of 34 felony counts in a New York court on Thursday.  The judge gave some cartoon-like jury instructions, and many are saying that this fact alone will be grounds for reversing these convictions.  How long will this take?  Will there be an emergency appeal to the US Supreme Court?  Will they jail Trump?  Will they get desperate enough to kill him?  Is this the kind of thing the Democrats feel they must do if Joe Biden’s areal approval rating is just under 8%?  (Yes, this is the real number, according to Martin Armstrong and another confidential source I know personally.) (more…)

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Back in August of 2023, precious metals expert and financial writer Bill Holter predicted there was a long list of financial trouble coming to America. A short list of problems is the commercial real estate implosion, CV19 vax injuries and deaths, deposits leaving the banking system and war all coming to a head between now and the 2024 Election. Holter starts with the CV19 bioweapon vax, “It turns out it was a kill shot. I guess you can say it adds to the timeline where they have to kick the table over because . . . they are going to have to hide that.  (more…)

By Greg Hunter’s USAWatchdog.com (Sponsored Post)

There is a new report that says extreme weather is causing more power outages.  According to a recent report by ClimateCentral.org, up to 80% of all power outages are now extreme weather related.  They say it’s because it’s climate change, but geoengineering also plays a huge part in the extreme weather you are seeing. The weather forecasters can’t talk about climate engineering because their bosses won’t let them. (more…)

By Greg Hunter’s USAWatchdog.com 

Back in February, when everyone was predicting a Fed rate cut, precious metals expert and financial writer Bill Holter said rates would be going up and not down.  Since that call, the 10-Year Treasury is up more than 30 basis points.  It closed today at 4.67%.  Now, Holter is still calling for higher interest rates that will coincide with higher gold and silver prices.  Why?  It’s called inflation, and it’s not temporary.  Holter explains, “Foreigners are backing away from buying Treasuries.  That is the only thing that has kept the doors open, so to speak, is the fact we are able to borrow an unlimited amount of money because we are the world reserve currency.  Foreigners backing away from our debt is going to lead the Federal Reserve to be the buyer of last, and then, only resort.  So, you will have direct monetization between the Fed and the Treasury.  What that will cause is a currency that declines in purchasing power.  It will decline in a big way, and it will decline rapidly.  So, what I am describing is inflation that turns into hyperinflation.” (more…)

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

World renowned CV19 critical care and pulmonary expert Dr. Pierre Kory was one of the first to call for Ivermectin to treat Covid in the early days of the pandemic.  Instead of using Ivermectin, the FDA and CDC vilified the drug and questioned its effectiveness even though Ivermectin won a Nobel Prize for safety and efficacy in 2015.  Because of these actions from the FDA and CDC, people died in the hundreds of thousands in America alone for lack of treatment from a cheap and effective drug to treat Covid.  Dr. Kory thinks he knows what happened and explains, “The FDA kicked it off with a tweet, you know the one that said, ‘You are not a horse, you are not a cow.  Stop it y’all.”. . . . (more…)

By Greg Hunter’s USAWatchdog.com

Precious metals expert and financial writer Bill Holter says the market is exuberant with the idea the Federal Reserve is going to be forced to cut interest rates as the economy sinks.  Holter has warned about the US dollar turning into confetti because of massive dollar printing and more and more bank bailouts.  Holter is taking the other side of the rate cutting bet, and he thinks the Fed will do just the opposite.  Holter says, “If you look at the amount of debt service the federal government is paying, it’s over $1 trillion a year.  That’s going to go to $1.5 trillion, and then it will go to $2 trillion in interest a year.  There is no reflection of deterioration of credit in the rates themselves.  (more…)

By Greg Hunter’s USAWatchdog.com (Saturday Night Post) (Updated)

Economic analyst and financial writer David Morgan went against the majority of financial gurus and predicted at the end of 2022 that there was no way the Fed was going to cut interest rates.  He was 100% correct!  Now, Morgan is, once again, going against the majority and doubling down on that prediction.  One big reason the Fed is not about to lower interest rates is the news this week that United Arab Emirates (UAE) is cutting back on using the US dollar settling in oil trades or dropping it altogether in some oil settlements with other BRICS counties.   Morgan explains, “The US of A has lost its day in the sun.  The US dollar is not only further in its demise on a longer-term basis, but it is being less and less trusted over the globe.  When things do reset . . . the clout the US dollar enjoyed is no longer there.  I am afraid that is the trend established by UAE saying we do not want to settle in US dollars for oil. . . . This is huge.” (more…)

By Greg Hunter’s USAWatchdog.com 

Precious metals expert and financial writer Bill Holter says the recent underreported announcement by the UBS CEO Sergio Ermotti in Switzerland that his bank might need a “rescue” is yet another sign on the short road to the end of the global Ponzi scheme backed by the US dollar reserve currency.  Holter points out, “You’ve got a sick bank (Credit Suisse) that is being bailed out by another bank (UBS) that may turn out to be sick.  My question is who is going to bail out these central banks?  (more…)

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Precious metals expert and financial writer Bill Holter warned in August of financial trouble coming to America sooner than later.  He gave a long list that now includes a global war. Even without war, there is no stopping the financial fall that is coming. Central banks are, once again, the biggest buyers of gold this year. What is going on? Holter says, “The central banks fully understand the math behind the financial system of the West is broken.  The Western financial system cannot survive the math. . . (more…)