By Greg Hunter’s USAWatchdog.com

Financial writer and precious metals expert Craig Hemke says high demand coupled with low supply will unlock the price of precious metals. Hemke says, “Look, the system is a total fraud. This pricing scheme was devised in 1974 as a way to diffuse supply. It was to make supply appear more readily available. . . .   So, now it’s finally crumbling because people are finally figuring out it’s a scam. It’s a confidence game. You may think you own gold . . . but what you own is just a promise. . . . So, now they are being called on the carpet to try to supply gold. . . . When the day finally comes that this pricing scheme is shattered and 50 people show up to take possession of the same ounce of gold . . . that’s when we find out what the true price of gold is.” (more…)

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says, “We’ve been printing massive amounts of dollars, and if you look at all the things we did to stop high speed debasement and unprecedented inflation, we’ve kind of run out of tricks. . . . Inflation is really sneaking up. My question: Is basically shutting down the small businesses and the small farm economy at high speed the way they have done, is that protecting us from going up a frightening inflation? Are we at Weimar Republic kind of inflation rates? I have been telling my subscribers to plant, plant and plant because the price of food is going to go through the roof. Another one of my questions: What’s pressing for war?   Is the debt spiral up and the inflation spiral up, is that more than they can handle?” (more…)

By Greg Hunter’s USAWatchdog.com (WNW 425 4.3.2020)  

I keep yelling at the TV to give sick people hydroxychloroquine every time I see medical experts concentrating on pleading for masks, hospital beds and ventilators to combat the coronavirus. Why give hydroxychloroquine? It has been proven in small tests around the world that it works with little to no side effects. In countries like China and Turkey, it is given at the first sign of trouble, and their results are clear—it works and actually removes the China virus. (more…)

By Greg Hunter’s USAWatchdog.com

Money manager Michael Pento has long warned the global financial system was “not sustainable or viable” because of record debt creation. Pento has also long said, “This was the biggest debt bubble in history, and it is going to pop someday.” That day has arrived. Now, Pento says, “This is a global depression just like we had in the 1930’s combined with a 2008 style credit crisis. That’s what it is. I was on your program about three months ago, and I predicted a global recession. That was wrong. It is a global depression. . . . We have learned that the S&P 500 earnings will decrease by 10% in the second quarter. (more…)

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Cycle expert and financial analyst Bo Polny predicted a market crash in the stock market on February 9, 2020. A few weeks later, it nosedived 36% in the fastest crash in the history of the markets. Is it over? Not according to Polny. He contends, “When gold was shooting up into the $1,600 range in February along with silver and mining stocks, I said don’t get too excited because the market was going to top out the end of February, and then gold and silver will have a down cycle in the month of March. That’s what happened. Why did I schedule the interview at the end of March? The end of March is a final entry point to get in on gold and silver positions. Once April comes, gold and silver will do the opposite. Again, please understand my words, they will do the opposite of what they did in March.  (more…)

By Greg Hunter’s USAWatchdog.com (WNW 424 3.27.2020)

A dozen top medical and research professionals around the world are questioning the extreme response around the globe to the so-called coronavirus. One top research microbiologist calls the China virus response “self-destructive” and “suicide based on nothing but a spook.” The death numbers turned out to be a lot less than what was predicted in the beginning of the crisis, and that may be why President Trump wants to “open up the country again,” possibly by Easter.

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By Greg Hunter’s USAWatchdog.com

Gerald Celente, a top trends researcher and Publisher of The Trends Journal, says the world is already in an economic depression. Celente explains, “Never in the history of the world has the whole world, or most of the world, been shut down by politicians destroying people’s lives and their businesses. People are going to go bankrupt. You are going to see suicide rates increase. You are going to see crime escalate and people OD’ing on drugs because of depression. . . . Our leaders are totally closing down the economy. Again, this has never been done before. It’s not only Wall Street going down, Main Street went down simultaneously. That is unprecedented. Usually, the markets go down and then the ripple effects start hitting Main Street. This time–boom, they are both down. . . . It’s going to be worse than the Great Depression. It’s going to be the Greatest Depression.” (more…)

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Financial and precious metals expert Egon von Greyerz (EvG) operates the largest private gold vault in the world in Switzerland. More than a year and a half ago, EvG warned here on USAWatchdog.com that “risk is exponential and unmeasurable” because of the estimated two quadrillion of derivatives and debt in the global financial system. He also warned that “at some point, all hell will break loose.” Looks like hell has indeed broken loose because of the China virus, and now EvG contends, “The system is bankrupt. . . . The system is broken and bankrupt. This did not start now with the Coronavirus. (more…)

By Greg Hunter’s USAWatchdog.com (WNW 423 3.20.2020)

Looks like there is good news to report on effective treatments for the “China Virus” coming to the public. One is in the form of the anti-malaria drug — Chloroquine. It has been scientifically proven to be effective in treating this virus. There are also a few others, and President Trump is cutting red tape at the FDA to get them approved fast. (more…)

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Bill Murphy, Chairman of the Gold Anti-Trust Action Committee (GATA), says don’t worry about the recent price drop forced on the markets by the gold cartel with naked short selling. It’s not going to keep prices down for long. Murphy contends, “We have been trying to expose what this gold cartel has been doing. The bullion banks, the Fed, the Treasury, the Bank for International Settlement (BIS) and what they have done is to suppress the price. What has happened after all these years is the gold cartels have run out of enough physical gold to do what they have done. They are lost. They have blown up really. They can act in the paper market, but since May, gold has made one new high after another. . . . (more…)

By Greg Hunter’s USAWatchdog.com 

Renowned geopolitical and financial cycle expert Charles Nenner told his clients back in January 2020, “It was time to sell . . . . I am afraid they can lose 40% to the downside.” Well, we are more than halfway there, and Nenner warns it’s going to go lower—much lower. Nenner says, “You know it was all over the media, and they were always laughing at me that my long term target is 5,000 for the DOW Jones. They ask me how are we going to get there, and I say I don’t know. Now, this thing with the virus, there is no business anymore because the United States has stopped flights with Europe. So, maybe we can see how we get there.”

I think people have finally stopped laughing about Nenner’s  5,000 DOW call. (more…)

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Filmmaker, book author and renowned radio host Steve Quayle says all the bizarre and violent global headlines are telling him we are living in Biblical times. Earthquakes, famine, war, persecution and plagues were all predicted by Jesus Christ in the “End of Days.” Quayle says, “Let’s just take the locust plague. It was the ninth plague of ancient Egypt. The locust plague now that is infecting, eating and devouring Africa and the Middle East, and it’s gone into China. . . . It’s eating its way across Asia. . . . The overview is when Jesus spoke about ‘wars and rumors of wars,’ he also talked about famine. He talked about pestilence. He talked about betrayal. He talked about people who will be persecuted, and people are being persecuted and murdered all over the world who are Christians. It’s now coming to the United States. So, there is a global persecution going on now.” (more…)

By Greg Hunter’s USAWatchdog.com (WNW 422 3.6.2020)

Who knows how bad the virus problem is going to get, but the financial fallout is real and getting worse. Hotels, airlines and restaurants are getting killed along with many other businesses around the world, and there is no end in sight. The only question now is how many businesses will go under before it’s all over?

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By Greg Hunter’s USAWatchdog.com

The stock market sold off nearly 800 points (Tuesday) on a day when the Federal Reserve gave the biggest interest rate cut since the 2008 financial crisis. It was a surprise .5% cut to a key rate that should have boosted stocks. Instead, the market tanked–hard. Economist and money manager Peter Schiff says, like in the movie “Jaws,” when they see the monster Great White shark they have been hunting, a freaked out crew member says, “We need a bigger boat.” Schiff says, like in Jaws, “The Fed needs a bigger rate cut,” to fight a monster economic problem. (more…)

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Financial writer and precious metals expert Bill Holter says forget about the relatively small sell-off in the gold and silver markets. The big worry shaking the markets is an enormous global credit problem. Holter explains, “Your protection about the credit market coming down is asset money, if you want to call it that. Gold and silver have no liability. They are not issued by a central bank, and there is no promise that has to be kept for it to perform. . . . Dollars, euros, bonds or what have you, those are all liabilities of a central bank or sovereign treasury. They all carry liability, and that’s what the problem is in today’s world. It’s a world completely awash in liability. . . . I think, ultimately, you are going to see a credit meltdown.” (more…)