By Greg Hunter’s USAWatchdog.com

Financial writer John Rubino says the currency crisis happening in Turkey is a stark reason for owning something a government can’t print more of at will. Rubino points out, “The function of gold and silver is to protect you against government mismanagement of your currency.   The emerging market countries (including Turkey) have screwed up their money. They borrowed a lot of U.S. dollars at low interest rates when the dollar was falling. They expected the dollar to keep falling and pay back their loans in ever cheaper dollars, but the dollar went the other way. So, now their loans are unpayable. Their currencies are blowing up, and you are seeing gold and silver rise in local currency terms. In other words, precious metals are protecting the citizens of those countries against financial mismanagement.”

(more…)

By Greg Hunter’s USAWatchdog.com 

Financial writer John Rubino says don’t be fooled by the phony economy propped up by central banks. Rubino co-wrote a book a few years ago called “The Money Bubble.” It could have been written this week because almost everything he predicted then is coming to a head now.  Rubino contends, “The money bubble is basically the big bubble that all previous bubbles have been built on.  All the previous bubbles have come and gone, and “The Money Bubble” is about money, government debt and financial instruments, in general.  So, it’s a global bubble that is bigger than anything that has come before.  Part of the reason it has gone on so long is everybody is participating.  Every central bank has a printing press, and that allows them to fool people . . . . It fools people into thinking that the world is basically normal, and it’s not normal. . . . We are creating the conditions for the Mother-of-All financial crises.  It is taking longer to happen than was thought of a few years ago, but it is starting to happen now.  The QE (money printing) programs of the past few years, which were wildly experimental and really shocking to economists and everybody else, turn out not to work. . . . Either the system is getting ready to break down shortly or go on to a new level of experiments that are going to be even more dangerous . . . either way, the current system is toast.”

(more…)

By Greg Hunter’s USAWatchdog.com 

John Rubino, author of the new book “The Money Bubble,” can sum up the ongoing global financial problems in a single phrase: “There is too much debt.” Rubino goes on to say, “Debt works the same way for a country as it works for an individual or a family, which is to say if you borrow too much, then your life basically craters. Everything gets harder to do, and you end up doing things in order to deal with your past mistakes that you would never do normally. You start trying absolutely crazy things, and that’s where the world’s governments are right now. . . . (more…)

By Greg Hunter’s USAWatchdog.com (WNW 582 5/19/23)

The Lying Legacy Media (LLM) is lying to you about what is going on in Ukraine.  The war has taken a harsh turn in that Russian missiles are targeting ammunition depots to blow up rounds of Depleted Uranium (DU) munitions.  (DU can go through a foot of armor.)  Don’t let the name fool you.  Depleted Uranium is only depleted of its fuel and not it’s radioactive nightmare.  It has a 4-billion-year (that’s right, billion) half-life. (more…)

By Greg Hunter’s USAWatchdog.com (WNW 575 3.31.23)

President Donald J. Trump has been indicted by Manhattan District Attorney Alvin Bragg for 34 counts of fraud.  Legal scholars are calling this “prosecutorial misconduct,” “sad” and “a legal disaster.”  Many, including President Trump, the 2024 GOP front-runner for the White House, says it is nothing more than “political persecution.”  Trump says it is really “election interference at the highest level” because Dems cannot beat him fair and square.  Harvard legal expert Professor Alan Dershowitz says the case is really “foolish.” (more…)

By Greg Hunter’s USAWatchdog.com (WNW 568 2.10.23)

Vice President Biden gave the annual State of the Union address, and it might as well have been called the State of Inflation address. The ideas presented by Biden spell big inflation and bigger debts. This is not to mention the fact of how out of touch the government seems to be with China, nuclear war with Russia and an ongoing CV19 vax genocide. Let’s pretend everything is great, and the Biden Administration is totally in control—NOT. (more…)

By Greg Hunter’s USAWatchdog.com WNW 479 5.7.21)

President Trump is now calling the fraud of the 2020 Election “The Big Lie.”  It’s much bigger than the Russia collusion hoax, impeachment #1 and #2 combined.  It’s all in the process of being unraveled in the ongoing audit in Arizona.  The Democrats are frantically trying to stop the audit.  If they cannot stop it, they will simply discredit it.  Even the DOJ is threatening to get involved as it might break federal election laws in a pre-crime kind of move.  This is the biggest story out there because if the Maricopa County Arizona audit uncovers fraud, it will be just the first election audit domino to fall.  The Democrats are watching all their power slip away as the audit progresses.  Keep your eyes on Arizona. (more…)

By Greg Hunter’s USAWatchdog.com (WNW 467 2.5.2021)

Impeachment 2.0 is gearing up for the trial in the Senate next week.  The Democrats want Donald Trump to testify, and his lawyers say–not going to happen.  They have to prove their case, and they ain’t going to be able to do it says the Trump impeachment tag team of lawyers.  This is another phony impeachment for a guy no longer in office.  The country burns while the Senate fiddles. (more…)

By Greg Hunter’s USAWatchdog.com (WNW 410 11.15.19)

The first public hearing for President Trump’s impeachment was billed as a blockbuster, but in reality, it was a huge dud. As a matter of fact, it was a disaster for Adam Schiff and the Democrats. The so-called star witnesses called by the Democrats looked stupid when they admitted they had no firsthand knowledge, depended on hearsay and could not articulate an impeachable offence committed by the President. This is not a real impeachment but rather a Deep State operation to get rid of a President calling attention to fraud and corruption.

(more…)

By Greg Hunter’s USAWatchdog.com (WNW 378 4.5.19)

Don’t believe what the Democrats and the mainstream media are telling you when they say there is no crisis on the Southern U.S. border. That’s a huge lie, and the numbers speak for themselves. There was more than 100,000 apprehensions of illegal aliens in the month of March alone. Experts say the crisis is “manufactured.”

(more…)

By Greg Hunter’s USAWatchdog.com

Renowned gold expert James Turk says prolonged gold backwardation like we are seeing now, where the spot price is higher than the future price, has never happened before. Turk contends, “No, never, and I am a student of monetary history as well, and I have never seen it happen like this in monetary history. Typically, when a backwardation would occur under the classic gold standard, for example, the banks that would have fractional reserve banking would go under. There would be a banking collapse. So, typically, if there was a backwardation, it would only last for a few days as it did in 1999 and in 2008. So, we have an unusual situation where we have heavy government involvement where they are trying to keep the gold price under wraps so they can maintain this policy of zero interest rates. They are thinking they are going to jumpstart the economy, but the economy is not being jumpstarted. All it’s doing is deferring the ultimate collapse and the governments’ ability to repay all the debt that they owe.”

(more…)