By Greg Hunter’s USAWatchdog.com

Economist John Williams is not buying the recent 3.9% GDP upward revision. Williams explains, “No one I know thinks we are growing at 3.9% other than they are trying to sell a bill of goods to the markets, specifically the currency markets. 3.9% is nonsense. You had 4.6% growth in the second quarter and 3.9% in the third.  Here you had two quarters at close to 4%, and we have not seen anything like that since 2003.  This is the strongest economy we have seen in 11 years, and I can tell you Main Street USA is not seeing that. . . . If you understate inflation, which the government does, you overstate inflation adjusted growth, and that is probably the biggest problem in the GDP report.”

(more…)

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

A few months ago, financial analyst Rob Kirby said the gold price was ready to go up. In the international market, where it is sold by the ton–it has. Kirby explains, “For large amounts of bullion in the Asian market, the pricing mechanism has completely and utterly divorced itself from the fraudulent paper prices that are being reflected in the exchanges in the Western world.

In the Asian market, if you could find . . . physical bullion . . . as cheap as spot plus 50%, you’d be doing really, really, really well . . . and you’d be hard pressed to find serious tonnage at that price in Asia.”  (more…)

By Greg Hunter’s USAWatchdog.com    (Friday 11.28.14) 

I told you last week there would be no charges for the police officer who shot and killed Michael Brown, and no charges were brought. Of course, there was rioting and violence, and that seems to be what was wanted.   The Governor of Missouri did not deploy the National Guard, and things got out of control.  Was it done on purpose?  One thing is for sure, this is NOT about race.  (more…)

By Greg Hunter’s USAWatchdog.com 

Financial writer Bill Holter says the players in the gold markets are fearful. Why?  Holter says, “The GOFO rates, or gold forward rates, in London are negative.  They should never be negative, and they are more negative now than any time since 2001.  That shows extreme tightness in the metals market. To me, it shows mistrust.  It shows that people are saying I want my gold now.  I don’t want gold in the future, I want it now.  Negative GOFO rates should never happen.”  Holter also says that the COMEX market is what he calls “corner-able.” 

(more…)

By Greg Hunter’s USAWatchdog.com

Financial analyst Gregory Mannarino contends all the market rigging that has been reported in markets such as Forex, LIBOR, stocks and commodities is a way to prop up a system doomed to implode.  Mannarino says, “It’s clear to me what the central banks are doing means they are absolutely desperate right now. (more…)

By Greg Hunter’s USAWatchdog.com (11/21/14)

President Obama, who many are now calling emperor, has made millions of illegal aliens legal with the stroke of his pen. Some in Congress say the time is up and something had to be done, but that is not how our government works. Obama says he is within his power, while Republicans in the House and Senate say the Constitution clearly says he is not. Expect another flood of illegal immigration on the southern border. (more…)

By Greg Hunter’s USAWatchdog.com

Top trends researcher Gerald Celente is forecasting a slowing global economy in 2015, and oil is a leading indicator. Celente explains, “It’s all in oil.  We’ve been talking about oil prices since they peaked in June of this year.  Now, you are seeing a 30% decline in Brent crude and West Texas (crude oil).  This is big and it’s not a manipulated market.  This is real.  (more…)

By Greg Hunter’s USAWatchdog.com

Money manager Peter Schiff says don’t be fooled by the strong dollar or the so-called recovery. Schiff explains, “The biggest disconnect right now is between the real state of the U.S. economy and the fantasy land a lot of investors believe exists.   Everybody is of the opinion that the Federal Reserve’s monetary policy worked.  Because they did QE 1, 2 and 3 and kept interest rates at zero, the Federal Reserve saved the U.S. economy and they solved all the problems.  Because the problems have been solved, we no longer need the Fed . . . and everything is fine.  That is complete fantasy.  (more…)

By Greg Hunter’s USAWatchdog.com 

It’s official. Obama Care is a series of enormous lies that were crafted by Democratic leaders.  They all knew Obama Care was a lie, and they voted for the lies.  Now, there are new revelations from one of its chief architects, MIT economics professor Jonathan Gruber, who was caught on video tape repeatedly explaining how the lies were formulated and why.   (more…)

By Greg Hunter’s USAWatchdog.com 

Gold expert James Turk says the U.S. dollar is not going to stay strong. Turk contends, “Canada, one of the closest allies of America, just announced a Chinese trade arrangement to deal in Chinese yuan with Canadian dollars.  That bypasses the U.S. dollar.  So, the outlook for the U.S. dollar is not good, despite this temporary strength that we are seeing now. It’s not good and, to me, the writing is on the wall for the dollar.” 

(more…)

By Greg Hunter’s USAWatchdog.com

Money manager Axel Merk says everyone should pay attention to recent comments made by former Fed Chief Alan Greenspan. Merk points out, “Greenspan said the balance sheet of the Fed is a pile of tinder that waits to be lit, and inflation will have to rise. A few days later when he was asked about those comments, he doubled down, and he said he didn’t think we could have a Fed exit without turmoil. (more…)

By Greg Hunter’s USAWatchdog.com  11/7/14

The Republicans now control both the Senate and the House. The mainstream media said it would be close, and it turned into a blowout.  Now, all the blocking that outgoing Senate Majority Leader Harry Reid was doing for President Obama is going to be unblocked, and expect many pieces of legislation to land on the President’s desk.  (more…)

By Greg Hunter’s USAWatchdog.com 

Real estate expert Fabian Calvo says forget about the Fed’s recent announcement that it was ending its QE, or money printing program. Calvo contends, “Anyone who thinks the Fed is not somehow fueling the money printing through currency swaps taking place in Japan or in Europe right now is just fooling themselves.  (more…)

By Greg Hunter’s USAWatchdog.com 

Multifaceted analyst Warren Pollock says the “damage control is going to wear off in 2015.” Pollock explains, “If you look at the role of the President of the United States, his primary role is to be the public relations officer for the status quo.  At the turn of the Bush Administration, as that administration failed, there was a lack of damage control.  We are going to see the same thing as Obama leaves office timed to the end of 2015.  There is a tremendous amount of effort to protect vested interest that goes on within the White House, and they will do anything to stop things from coming unglued.  (more…)

By Greg Hunter’s USAWatchdog.com 

The Ebola circus continues, and the Obama Administration officials look like clowns.  Let’s just take a look at a few of the headlines.  “Health System Not Prepared for Ebola” is a headline from the AP, and that is in stark contrast to what we have been told.  “Small clusters could overwhelm the system” is what the article says.  So, this begs the question of why no quarantine?  (more…)