By Greg Hunter’s USAWatchdog.com (WNW 208 9.18.15)

The Federal Reserve is not raising interest rates, but now there are hints by Fed Head Janet Yellen that it might consider negative interest rates if the economy gets bad enough. The economy is already bad, and the Fed decision to keep a key rate near 0% says it all. I have been telling you for a couple of years that there is no real recovery on Main Street. The only real recovery is on Wall Street. Data point after data point shows the economy is not good. This is why the Fed is not raising interest rates. I wonder if the stories out this week in the mainstream media were nothing more than a huge psychological operation, or PSYOP. There were stories all over the place saying that a rate hike would “Not Likely Spook the Economy,” or an interest rate hike would be a “good thing.” Obviously, no rate hike is a much better thing, and now the Fed is hinting at negative interest rates if the economy gets bad enough. By the way, Gregory Mannarino of TradersChoice.net brought up the possibility of the Fed going to negative interest rates months ago. Mannarino also says the Fed decision NOT to raise rates shows that all is not well in the economy, and if the economy would be getting better, the Fed “would not need to continue emergency monetary policy of 0% rates.” He also says, “At some point, the dose becomes toxic and turns to poison and kills the patient.” He’s talking about the 80 months and counting of 0% interest rates, and remember, rates could be forced to go negative in the future.

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By Greg Hunter’s USAWatchdog.com

Former Reagan Administration budget director David Stockman says the biggest crash coming is not going to be in the stock market. Stockman warns, “I think we are headed for a central calamity. The central banks of the world have been on a 20 year campaign to massively expand their balance sheets and intrude into financial markets in ways that were never before imagined. In the process, they falsified every asset value there is from overnight money all the way to 30-year bonds and the stock market. Everything now is trading off the central banks, but the central banks have hit the end of the road. They have printed so much money and created such a massive global bubble that we are now in the process of that bubble fracturing. The central banks are now beginning to become confused and panicked about what to do. The Chinese have no idea what to do with their $28 trillion credit bubble and that house of cards in China. Our Fed is now on the verge of another meeting where they are debating if 80 months of 0% interest rates is enough. That is crazy.”

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

Money manager Michael Pento thinks the global economy is terrible. So, will the Fed still raise rates soon? Pento contends, “The global currency situation will actually go into hyper-drive if the Fed follows through and goes on this protracted rate hiking campaign. Wall Street is a myriad and plethora of myths. . . . One myth that is out there today is the Federal Reserve may go and do a ‘one and done’ rate hike. Where has that ever been done before? Previous rate hikes have been about 300 basis points (or 3%). The last one was 425 basis points. . . . The Fed wants to be at 1.6% by the end of 2016. The only reason why they won’t get there, and I don’t think they ever will get there, is if the global economy continues to collapse. By the way, that is exactly what is happening. The global economy is imploding. Our clueless and feckless Federal Reserve is fighting inflation. . . . There is one area of inflation and that is asset prices. That’s where all the inflation has gone. The real battle is the global collapse of commodities. Commodity prices are at panic lows and even lower. We are having a global implosion of growth because China is no longer a sustainable communist regime.” 

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By Greg Hunter’s USAWatchdog.com WNW 207 9.11.15 

Democrats are going to try to block Republicans from killing the Iran nuke deal.  The Republicans do not have the 60 votes needed to stop a Democrat filibuster.  So, Obama will not have to veto the Republican bill to stop the deal from going through.  The Democrats are not even going to allow a vote on killing the deal.  Ten Democrats are up for re-election, and none of them want to be on record voting to allow it to go through.  This is far from over as the Republicans are looking for ways to kill the deal, and I am sure they will at least want Democrats on record allowing this to go through.  They know this is a bad deal, if you want to call it that.  It is really total capitulation as John Kerry admitted he did not have access to the side deal on inspecting Iran’s military nuclear sites.  Iran’s top brass has said it will not issue the permits to inspect its military sites.  There really is no deal.  This is nothing more than theater from the Obama Administration.

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By Greg Hunter’s USAWatchdog.com

Silver expert David Morgan says prices of the white metal may be low, but demand is huge. Morgan explains, “I did a survey of many of the top wholesalers and retailers in the country and came to the conclusion that the retail side of the market has basically seized up. One of the biggest mints in the U.S. is backlogged about 4 million ounces. You have two other main government mints that are basically on halt and not producing, or trying to catch up. You have huge premiums in the silver bar market and extremely high premiums in the silver bag market, or what is referred to in the industry as junk silver. Dealers are paying $5 above spot to source silver bags. What that equates to for the cost of silver is about $19.25 an ounce, and we are in the mid-$14 range for an ounce of silver. So, obviously, there is a huge demand that cannot be met with the current supply in the retail market.”

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By Greg Hunter’s USAWatchdog.com

Macroeconomic analyst Rob Kirby says forget what you are hearing about the so-called “recovery.” The powers are hiding a coming collapse. The American economy is being propped up with fraud and crime and time is running out. Kirby explains, “The whole world is grading America and America is burning. When you are burning, it is really hard to put out a message or convince people that all is well. America is failing in spades at doing this. Rigging markets and acting in a sociopathic nature doesn’t make this job easier and doesn’t make it true because they say so. They have idiots making pronouncements that a weak jobs number is good tonic and a good basis for raising rates. It clearly isn’t. . . . We are living in “Alice in Wonderland” with the comments we are getting out of this administration.”

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By Greg Hunter’s USAWatchdog.com (WNW 206 9.4.15)

President Obama has now gotten enough Democratic senators to sustain a veto on the Iran nuke deal. Never mind that the details of the deal are being kept secret. Never mind that the so-called side deal to inspect Iran’s military nuclear sites is not known to Secretary of State John Kerry. Remember, he told Congress he “did not have access” to them. It appears the details of UN inspections of Iran’s nuclear sites is also a secret to Congress. If you want to know what is really in the Iran deal, just listen to the Iranians. They have been consistent from the beginning and say their nuclear military sites are off limits and said it again this week. Also, the sanctions end when the deal is in place. The Iranians also get $150 billion to boot, and even the Obama Administration admits there is no way of stopping them from using that money to support terror. The Obama Administration is celebrating this as a big foreign policy victory. The majority of Congress, and this includes some Democrats, are against the deal. The majority of Americans are against the deal. It was not a choice between war and a deal. It should have been a choice between a deal and a better deal that actually would lead to stability and peace in the Middle East. This deal will speed up the war prospects in the region, not slow them down.

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By Greg Hunter’s USAWatchdog.com

Financial expert Jeff Berwick says you don’t have to wait for the next market crash. Berwick contends that financial facts and the so-called Shemitah are lining up and predicting a coming calamity. Berwick, who recently produced a video titled “Shemitah Exposed,” explains, “I think it’s already started. I put up that video in July, and by the end of August, we were already seeing major crashes happening around the world. The Chinese stock market has been in complete free fall. Of course, what happened in Greece, everyone knows about that, and there are actually 20 other stock exchanges . . . have all been in a crash in the last few weeks. My question is did the Shemitah start early this year or are these going to be pre-shocks to something that is going to be much, much worse? . . . September is going to be incredibly volatile and risky, and it might not just be September.”

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

Financial expert Craig Hemke says there is an explosion coming in the bond market–it’s just a matter of when. Hemke explains, “Yes, at some time eventually, yes, just because mathematically the debt based system is unsustainable. It’s now grown so large in the amount of continued debt that it takes to service the existing debt makes it all move exponentially against you, and it is spiraling towards an eventual failure.”

What can they do to stop the bond market from blowing up? Hemke contends, “You can’t. It’s not stoppable and it’s not sustainable. At some point, it simply collapses. As much as the pundits and money managers and talking heads on the financial TV want to convince everyone that everything is fine . . .and it’s just bliss and nirvana. Eventually, it is a mathematical certainty that the music stops. Getting back to China, we have ceded control of that to them . . . They can pull the plug on it whenever they want, and that is the most dangerous part of where we are headed.”

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By Greg Hunter’s USAWatchdog.com (WNW 205 8.28.15)

To say the stock market was on a roller-coaster ride this week is an understatement. Already, some are saying this action is just a blip. They say it’s a buying opportunity. They say it’s a correction and nothing more. My sources say none of that is true, that this is just the warm-up act of a much bigger downturn. Charles Nenner told me this is just the pre-crash. The big crash is coming. Gregory Mannarino of TradersChoice.net, who called the top in this market more than 2,000 points ago, says market crashes are not a one and done event but a process. He says the 2008 meltdown started in September and didn’t finish until March of 2009. It only ended with massive QE and money printing and suspension of accounting rules by FASB. Fast forward to today, and we have reports of China selling U.S. debt (Treasuries) because China’s markets are in turmoil. In simple terms, they need the cash to try to stabilize their markets. ZeroHedge.com is reporting that when China sells Treasuries, it is really QE or money printing in reverse. It is reported that if China sells enough Treasuries, it could spike interest rates. Funny, former Fed Head Alan Greenspan also recently warned that a bond bubble could explode and spike interest rates. What happens if every other country sells a chunk of the more than $16 trillion of liquid U.S. government debt all at the same time? This is the scenario economist John Williams has been warning against and will be here for an update next week.

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By Greg Hunter’s USAWatchdog.com

Legendary gold expert Jim Sinclair says what is going on right now in the stock market is just the warm-up act. Sinclair contends, “This is a pre-crash, and we are not making it through September without the real thing. Everybody is on credit. Main Street is on credit. This seems to be a bubble of historical proportion when it comes to the amount of money supporting the accepted lifestyles as being the new normal. Raising interest rates is impossible today. The market is so fragile. Nothing can come out that causes people any concern or derivatives any change, nothing whatsoever. We are going through a period of time where expecting nothing meaningful is a dream. These are times never experienced in financial history. . . .It is very possible that we are going to have a super civilization change. ”

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

Top trends researcher Gerald Celente has recently predicted a market crash between now and the end of the year. It looks like that prediction is unfolding now, and Celente contends, “It’s very simple. You have a global slowdown, and this is after central banks have pumped in trillions of dollars, yen, yuan, euros and you name it to propping it up. We are in unprecedented territory. This has never happened before in the history of the world. . . . Even the Wall Street Journal came out last week with a front page story and said the Fed used up all its ammunition. They have nothing left to do because they have record low interest rates, but I disagree with them. I believe they will come out with another round of quantitative easing (QE or money printing). They will do anything they can. It looks pretty sure they are not going to raise interest rates in September. . . . What is going to create jobs? The jobs they are creating stink. Here’s a number for you. Medium household income is 6% below where it was in 1990.   Look at the new home buyers. In good times, first time buyers are usually around 40%. It is down to 28%. Look at the amount of people who own homes. It’s back to 1960 levels. Look at the labor force participation rate. It is back to late 1970’s levels. There is no recovery. It’s been a cover-up.” 

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By Greg Hunter’s USAWatchdog.com

(WNW 204 8.21.15) 

Hillary Clinton’s email troubles keep getting worse. It is reported that national security laws were broken by Clinton and at least two of her staff. More that 300 of her emails have now been deemed classified and allegedly mishandled.   Clinton turned over her server to the FBI and says she doesn’t know who wiped it clean. It is also reported that two of Clinton’s top aides have disregarded a federal judge’s order to make sworn statements that all government documents in their possession have been turned over. Every day, this email scandal is getting worse. As I said months ago, Hillary Clinton will not be President, and it will not be the Republicans that pull the plug on Hill’s Presidential run, it will be the Democrats. Democrats have to be worried because this is looking like it is turning into a full blown crime and cover-up. At some point, the Dems will replace her, and they are not going to wait until a few months before the election. I think Hillary will be out before the first debate.

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By Greg Hunter’s USAWatchdog.com

Mexican business magnate Hugo Salinas Price says that there are “many more” devaluations coming for China’s currency. Salinas Price thinks that many other countries will cut the value of their currencies because the world economy is in deep trouble. Salinas Price contends, “When China does this, that is very serious. Already, the United States is receiving huge quantities of Chinese goods. It has an enormous trade deficit with China, and now that they devalued, it’s going to get worse. There is going to have to be a corresponding move on the part of the United States. . . . This is going to be the beginning of a breakdown in international trade. Is the United States going to stand by because China continues to devalue? How much has the Chinese currency been devalued, not even 8%. That’s not going to help the Chinese much. When you have a devaluation, it has to be about 40%. Then it really has teeth in it. I think the Chinese will continue to devalue.”

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By Greg Hunter’s USAWatchdog.com

Financial writer and trader Gregory Mannarino predicts that big debt defaults are coming. Mannarino contends, “We are starting to see this with Greece and Puerto Rico here. It’s everywhere. This is a global problem and it’s going to engulf the world. This debt problem is going to swallow the earth. They have done this on purpose. They cannot be this stupid. . . . They are doing this on purpose and there is going to be no soft landing. It is a global issue and it is going to implode.”

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