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Weekly News Wrap-Up 7.26.13

4By Greg Hunter’s   (Corrected and updated)

The top story concerns the Middle East ratcheting up the possibilities of an intensified war in Syria.  Top U.S. military officer General Martin Dempsey warned Congress about the “unintended consequences” of employing some of the military options that are being talked about.  Dempsey expressed concerns over arming al-Qaeda backed rebels and the fallout of weapons that could be used later against the U.S. and its allies.  (more…)

U.S. a Lawless State-Paul Craig Roberts

4By Greg Hunter’s 

Former Assistant Treasury Secretary Paul Craig Roberts says, “The country is not being run by the President.  It is being run by spy agencies and private interest groups, Wall Street and military security complex . . . They run the country.  The President is a puppet, a figurehead.”  (more…)

Complete Wipeout of all Debt Coming-Bix Weir

Bix Weir: Fed is Printing Money to Control the Price of GoldBy Greg Hunter’s

Bix Weir is a tireless advocate for manipulation-free gold and silver markets.  Weir says, “They are printing money, and the reason to control the price of gold is to control the perception the U.S. dollar is a sound currency.”  The manipulation game is not going to go on much longer.   (more…)

Weekly News Wrap-Up 7.19.13

4By Greg Hunter’s 

Fed Chief Ben Bernanke testified in front of the House and Senate this week about the economy and money printing.  The headline in USA Today says it all, “Fed Help Won’t Fade.”  Remember, this is $85 billion in bond buying each and every monthThat’s $45 billion in Treasury bonds and $40 billion in sour mortgage debt.  I call it the fraud and mistakes of big banks. Why doesn’t anyone in Congress ask which banks are getting $40 billion each and every month?    (more…)

Inflation Like the 70’s but on Steroids-Chris Casey

Chris Casey: Inflation But On Steroids is Coming – Worse than the 1970’sBy Greg Hunter’s 

Wealth manager Chris Casey says, “The bust is the eventual end and, quite frankly, it has to occur based on what the Federal Reserve has done over the last five or six years.  I would envision it’s going to be like the seventies, but on steroids.”  As far as timing goes, Casey goes on to say, “Whether it’s in the next 12 months or the next 3 years, I can’t really say for sure . . . (more…)

An Economic Collapse that is Going to be Worse than 1929: Karl Denninger

Karl_Denninger_Interview_Financial_Crisis_2012By Greg Hunter’s 

Employers are cutting full-time employees back to part-time to avoid the requirement of providing health insurance under Obama Care.  Trader Karl Denninger says, “As the Obama Administration runs against the economic reality of what they passed, they are now trying to find ways to dodge it. . . . (more…)

Weekly News Wrap-Up 7.12.13

Ben Bernanke 2013 Update: Federal Reserve Will Keep Printing Money & MoreBy Greg Hunter’s 

The big story, once again, comes from Fed Chief Ben Bernanke.  This week, he did a 180 degree about-face and said the easy money policies of the Federal Reserve will go on for the “foreseeable future.”  Last month, he was talking about cutting back or “tapering” the massive $85 billion a month money printing and that caused a mini stock market crash.  (more…)

No Such Thing as a Safe Asset Anymore-Axel Merk

No Such Thing as a Safe Asset Anymore-Axel MerkBy Greg Hunter’s  (revised)

Money manager Axel Merk says, “There really is no such thing as a safe asset anymore. . . . If you hold cash, the purchasing power of your cash is at risk. . . . What we do is try to get out of the dollar. We buy gold, we buy other currencies.” (more…)

Washington is Arranging Support of the Dollar-Paul Craig Roberts

4By Greg Hunter’s 

Former Assistant Treasury Secretary Dr. Paul Craig Roberts says new Trade deals with the EU and Asia are meant to backstop the dollar.  Dr. Roberts contends, “Washington is arranging that many countries have a stake in supporting the dollar.  That frees them from the consequences of the printing press for now and a number of years.”  (more…)

Weekly News Wrap-Up 7.5.13

11By Greg Hunter’s 

A key provision in Obama Care has been postponed.  Didn’t I tell you even the strongest Obama supporters are worried about the damage this will cause in the economy?  The Obama Administration abruptly postponed the “employer mandate” portion of the health care rollout.  Employers were already cutting hours to 29 from 40 because they didn’t want to be forced to give health care to full time employees.  (more…)

Happy 4th of July

By Greg Hunter’s

The cartoon on the next page would be funny if not so true today.  Thank you all for your comments, donations and support.

Click the more link to see the cartoon. (more…)

People Want Physical Gold and Silver in Their Hands-Tom Cloud

Wealthy People Want Physical Gold and Silver in Their Hands - Tom CloudBy Greg Hunter’s 

Hard asset expert Tom Cloud has spotted a clear trend with “the lions share” of his 2,000 high net worth clients.  Cloud says, “I had a client the other day who liquidated a several million dollar position in an ETF because he said it’s time to put gold and silver in my hand. . . . People, the wealthier they are, want to get physical gold and silver in their hands.”   Cloud is far from alone in his observation.  Cloud reports, “I was talking to a major wholesaler last week, when the price was going down, and I asked how many orders have you had today?  He said 560.  I asked how many have sold to you?  He said 20.”    (more…)

Treasury Bond-Greatest Asset Bubble in History-Jim Willie

goldenjackassBy Greg Hunter’s 

Financial analyst Dr. Jim Willie says there is no way the Fed is going to stop printing money or even “taper” it.  He charges, “Everything is dependent on Fed support.  They know if they take it away, they’re going to create a black hole.  The Treasury bond is the greatest asset bubble in history.  (more…)

Weekly News Wrap-Up 6.28.13

4By Greg Hunter’s 

Russia is still holding NSA leaker Edward Snowden.  This is a major embarrassment to the Obama Administration on many levels.  On the first level, why couldn’t Snowden come forward to let America know about this spy program?  Many say this kind of spying has been known for years.  (more…)

We’re Going into the Greatest Depression-Gerald Celente

CelenteBy Greg Hunter’s 

Top trends forecaster Gerald Celente says NSA leaker Edward Snowden is a non-event.  Celente charges, “What did Snowden say that we didn’t write about over a year ago.”  Celente says the real stories are the imploding economy and coming war.  (more…)