By Greg Hunter’s USAWatchdog.com

Financial writer Bill Holter says the record stock market does not reflect reality.  Holter explains, “This will go on until it doesn’t.  Very quietly, this past week, they postponed the “Volcker Rules” for the banking system.  The reason they did that is they can’t allow the Volcker Rule to come into place.  That would require increased capital ratios.  It would bring mark to market back.  We live in a financial fantasy land, and they need to continue the fantasy to prevent collapse.” 

(more…)

By Greg Hunter’s USAWatchdog.com    (Early Sunday Release) Chris Powell, Secretary/Treasurer of the Gold Anti-Trust Action Committee (GATA), says recent bombshell evidence shows intense central bank “interventions” at the CME Group, which handles $1 quadrillion ($1,000 trillion) worth of business annually.  Powell explains, “The greatest documentation that’s come out recently has been filings by the CME Group which operates the major futures exchange in the United States.  They filed a letter with the U.S. Commodity Futures Trading Commission (CFTC) . . . showing that central banks are receiving special volume discounts for trading futures on all the major futures exchanges, not just financial futures contracts and metals futures contracts, but even agricultural futures contracts.   (more…)

By Greg Hunter’s USAWatchdog.com  (Friday 12.19.14)

My top story is the economy, and I think the Fed and Congress just signaled that something is seriously wrong, and it’s going to get worse.  First off, the Federal Reserve just came out and said that it was going to be “patient” when normalizing the monetary policy.  I know Wall Street is jubilant and the stock market spiked on the news, but I think this is really ominous, and it is nothing to be celebrated.  (more…)

By Greg Hunter’s USAWatchdog.com

Former Assistant Treasury Secretary Dr. Paul Craig Roberts thinks the only thing that explains the plunge in the Russian ruble is that it is being attacked by America.  Roberts contends, “It is not a currency crash in the sense there are no economic reasons for the ruble’s fall.  Unlike the United States, which has a massive trade deficit, and if the currency markets were not rigged, the dollar would be collapsing, the Russian economy has a trade surplus.  Therefore, there is no pressure on its currency for economic conditions.”  (more…)

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

Economist Harry Dent says falling oil prices will be a trigger for another economic calamity.  Dent explains, “Normally, oil prices falling in a good economy like the 80’s and 90’s, where we have falling inflation and booming productivity and good demographic trends, this would be a good thing.  It is a good thing for consumers and businesses, but it is a bad thing for financial markets and our whole debt structure.  We have the greatest debt bubble in history.  (more…)

By Greg Hunter’s USAWatchdog.com  (Friday 12/12/14)

The $1 trillion budget that just passed the House of Representatives has something in it for everybody–to hate.  Conservative Republicans hate that Obama Care and illegal immigration are funded and liberal Democrats hate the rollback of rules for Wall Street and political donations are dramatically increased.  Lots of Republicans think they lost, and plenty of Democrats revolted against the President and they also think they lost.   (more…)

By Greg Hunter’s USAWatchdog.com 

The G-20 met recently in Australia to make new banking rules for the next financial calamity.  Financial reform advocate Ellen Brown says these new rules will allow banks to take money from depositors and pensioners globally.  Brown explains, “It became rules we agreed to actually implement.  There was no treaty, and Congress didn’t agree to all this.  They use words so that it’s not obvious to tell what they have done, but what they did was say, basically, that we, the governments, are no longer going to be responsible for bailing out the big banks.  These are about 30 international banks.  So, you are going to have to save yourselves, and the way you are going to have to do it is by bailing in the money of your creditors.  The largest class of creditors of any bank is the depositors.” 

(more…)

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

Gold expert and money manager Egon von Greyerz says Japan is leading the parade to the bottom of the currency heap. Greyerz says, “Japan is printing unlimited amounts, and we can see that yen is leading the race to the bottom of the currencies.  Gold in yen is now only 10% below the peak because printing is debasing the currency.  That is what gold reflects.  Gold just reflects the destruction of paper money.  That’s happening in Japan, and it will happen in most other countries.    (more…)

By Greg Hunter’s USAWatchdog.com (12/5/14) 

It seems the mainstream media (MSM) is determined to bombard us with the “hands up, don’t shoot” lie. Michael Brown was not gunned down with his hands up.  Forensic evidence and eye witness testimony from a half dozen African Americans has disproven this, and it is indeed not a fact.  It appears the MSM wants to develop a race problem in America.  (more…)

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…)