Posts Categorized: USAWatchdog.com

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By Greg Hunter’s USAWatchdog.com

Wayne Jett is an accomplished lawyer who has argued cases in front of the U.S. Supreme Court. Jett is also an expert on the Federal Reserve and says all the signs he sees say we are nearing the end of the line for the debt based monetary system. Jett explains, “We are at the end stage of the fiat currency disease, which means they always go to zero. It’s just a matter of how long can they extend it in terms of the way they are able to acquire more hard assets with their worthless currency before it goes to zero for the rest of us. . . . I believe the Trump Administration is on the course towards turning to sound currency, meaning an end to the Fed and meaning something in return to something like a gold standard. My view is the gold standard – period. In that circumstance is how do we get there with the least disturbance in our economy and the wellbeing of our people? We’re going to try to get through 2020 and the election without having to make that change. . . It involves a great deal of displacement in terms of financial capabilities of the population, provision of necessary services, food and accommodations. It is very disruptive. I think the President wants to have a gold standard and a new currency in a ready position. We need to have our current account balance, meaning the amount of goods we buy from abroad should be roughly equal to the amount of goods we sell abroad. We have made great progress on that.”

Jett says the China virus crisis is not a coincidence. Jett thinks that it is happening now because the Deep State is hitting the global economy and Donald Trump in an election year to stop him from winning a second term.  Jett explains, “I am quite convinced of it. I think, most likely, there was some communication behind the scenes at some level indicating either you stop these investigations and prosecutions that you are planning . . . or we are going to do this. They got a ‘NO’ on that, and so the so-called virus has been released. . . . The story is China has done this to the world, and I don’t think that is the case because the virus has shut down their economy, and that is the last thing they want to do. Why would they do this to themselves?”

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

Chris Martenson is futurist, economic researcher and holds a PhD in toxicology from Duke University. So, Martenson has a unique perspective about the coronavirus and what its effects will be to the global economy. Don’t believe the mainstream media. Things are not getting better, and Martenson contends, “It’s getting worse. It is a tale of two stories inside China and outside China. Inside China, we have been suspicious of their reporting, and they have been underreporting the cases at least by a factor of 10 and maybe more. This is both for infections and deaths. . . . The Chinese government would not lock down 90% of their economy just to save a couple of lives. They don’t roll that way. So, there is something there that is very worrisome to them. . . . Outside of China, we trust the numbers a lot more. . . . So, when we are looking outside of China, we are seeing the cases of the coronavirus are now increasing exponentially. It’s got a very short doubling time and a very high rate of infectivity. It’s not the flu. It’s not SARS. The mainstream media is trying to tell people there is nothing to worry about, and we don’t take that view at all. . . . Covid19, as they call it now, is a real beast.”

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By Greg Hunter’s USAWatchdog.com

President Trump’s frustration over lack of criminal Deep State prosecutions by his DOJ bubbled out to his more than 70 million Twitter followers this week. From Comey, McCabe, the phony dossier of the Russia Hoax and FISA abuse, it was all put out for the world to see. Trump called the Mueller report a “fraudulent investigation,” and Trump also tweeted, “….badly tainted . . . . Even Mueller’s statement to Congress that he did not see me to become the FBI Director (again), has been proven false. The whole deal was a total SCAM. If I wasn’t President, I’d be suing everyone all over the place…”

If prosecutions were getting done, President Trump would not be threatening to sue, says former CIA Officer Kevin Shipp. Shipp goes on to say, “What the President is doing is tweeting and communicating with the American people because the press is going to cover it up, and the Deep State is not going to let that sort of thing out. This is the beauty of his tweets . . . . He is telling us what is really going on. . . . These prosecutors, going all the way back to Mueller . . . have engaged in prosecutorial misconduct, and nothing has been done to them. This has been allowed to go on, and Trump is basically saying the evidence and information is there that is solid enough that he could sue if he wanted to . . . . The American people need to know about it, and when the American people know about it, people get up in arms and people start taking action. . . . . We, the American people, need to hold Attorney General Barr accountable for doing his job. We are all hoping AG Barr and John Durham are going to do their jobs, but what we have seen lately is quite concerning.”

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

Money manager Michael Pento has long warned about China’s rapid accumulation of debt that now stands at $40 trillion. The coronavirus coming out of China is only going to make China’s problems far worse. Pento explains, “China has the biggest amassing of debt the world has ever seen and at the fastest pace never before matched in history. This is a country teetering on meltdown. Multinational companies like Nike, Apple and Google . . . major U.S. corporations are saying we cannot give accurate readings for what’s going to happen in all of 2020, and yet Wall Street doesn’t care.  It is because China, the United States and all the other central banks are printing money like never before trying to mollify the effects of this virus. . . . We are going to have a global recession in the first quarter of 2020. U.S. GDP will be lucky if it gets to 1%. Singapore is warning about a recession. Australia is warning about a recession. The Eurozone, which is China’s biggest customer, is going to be in a recession. Nobody cares because the maniac money printers have gone mad. . . . China is a country with $40 trillion in destabilizing debt. David Stockman calls it the Red Ponzi, and I could not agree more. Then you are taking a country that is already decelerating rapidly from before. . . . Their stock market has already been cut in half, and then you throw into this the coronavirus, which has virtually shut down the entire nation. It’s the second biggest economy on planet Earth, and Wall Street doesn’t care. ”

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By Greg Hunter’s USAWatchdog.com

Precious metals expert and financial writer David Morgan says silver is still 65% off its all-time high and is a much better value than gold. Morgan points out, “Relative to all asset classes, I can’t think of one that is more undervalued than silver. If you look at every asset in the metals world, meaning base metals . . . anything to do with the periodic chart, every one of them has obtained a higher price level than it was in 1980 except silver.”

The biggest problem out there is the virus chaos going on in China that is nowhere near solved and getting worse by the day. Morgan says, “Sooner or later, the reality is going to hit the stock market. I don’t care how much funny money they use to pump it up. When you don’t get goods on the dock that you can distribute, something has got to give. This is taking place as we speak. It will only, in my view, get worse. Nobody really knows the impact at this time exactly, but we know the trend, and the trend is exponential. One person can infect two, two goes to four, four goes to eight, eight goes to 16 and it’s exponential. This means until this thing burns itself out one way or another, we’ve probably got worse days than better days for a while.”

How global powers are dealing with the financial fallout is to simply print money to paper over the problem. That’s not going to work forever. According to Morgan, “Basically, it all gets down to something very simple. Print, print, print until people stop accepting it as valuable and realize whenever you have a lot of anything. its value decreases. This is what we are facing. In the interim, you could see the dollar do quite well because of this foreign exchange swap problem. You need dollars because you need to settle debts, and your yuan is not worth as much because people are afraid and you have a foreign exchange sway putting pressure on one side or the other. . . . The bottom line is pretty simple. It’s all based on trust. The banks do not trust each other for overnight loans. . . . Fed Head Powell has come out and said the coronavirus is something they are going to handle, means the Fed is going to come out and flood the market with funny money.”

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

Financial analyst and cycle expert Bo Polny called for a big market crash by the end of 2019. It did not happen. There was a good reason why. Polny says, “Billions and billions of dollars were pumped into the market at the end of the year to not let the crash happen. That is the number one reason the markets did not crash in December. That takes us to the second point, and that is the cycle is not over yet. . . . That is still pointing to a very big event in the first or second quarter of this year and the latter part of the year, too. This is not over. We are not out of the woods.”

Bo also says, “We have seen the highs in the stock market . . . and come this Wednesday, it will be the start of something not so nice in the markets. We have a down cycle that began on Friday February 7th, and the markets are expected to continue down all of next week.”

Polny thinks this down cycle for the markets will not stop until late April and forecasts there could be a “35% correction.”

So, will this sink President Trump’s chances for a second term? Polny, who has coined the term “God’s Trump Cycles,” says, “Absolutely not, according to Daniel’s timeline. It is two cycles of 1,260 days. This April 21st is only the completion of the first half of the cycle of 1,260 days. Then we have the second cycle of 1,260 days taking us into the end of 2023. So, Trump’s election is this November, and he’s going to continue to be President, and the cycle doesn’t end until December of 2023. Does that mean you don’t need to vote for Trump? The answer is 100% you must go vote for Trump. Here’s the thing you must understand whether you like Trump or not. The bottom line is the math calculations I present to you in my PDF (found for free in the “After the Interview” section) presentation is beyond any form of mathematical luck. It’s impossible for this to be luck.”

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By Greg Hunter’s USAWatchdog.com

A year ago, financial writer and precious metals expert Craig Hemke predicted the Fed would be forced to return to money printing. He was right. Hemke also predicted this would be bullish for gold and silver prices. He was right again. Now, Hemke says, unlike the other times, this time, the Fed will not be able to stop the money printing. Hemke explains, “You’ve got to keep printing cash to service all this accumulated trillions and trillions of dollars of debt. You can’t grow your way out of it. You have to print your way out of it. They can’t let the stock market go down. I think it’s a $20 trillion total market cap. If it went down by 25%, it would be $15 trillion. That would be $5 trillion that would just go poof, and now, your liquidity crisis is that much worse. . . . They can’t afford to let it go down because it will exacerbate the liquidity crisis.”

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

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says she is less worried about the coronavirus and more worried about what happens to China’s economy. Fitts explains, “Whatever is going on, it is going to slow down the Chinese economy. If China slows down a lot, it is going to put them in a dollar bear trap. The thing that kept the global economy going after the bailouts were the Chinese, and the Chinese did that by levering. A lot of that debt is dollar based. So, now if their income shrinks, especially after the trade war with the U.S. administration, they are going to be in a dollar trap. That means it’s (dollar) going to be stronger than if this would not have happened.”  In short, China will need dollars to pay debt, supporting the dollar.

Fitts goes on to say, “From everything I have heard so far . . . the virus is not my concern for the Western world. My concern is the vaccine. So, I am extremely concerned about Nano technology and vaccine injury. The process to push for vaccine mandates has been very extreme. . . . Why are we seeing such a heavy push for heavy schedules of vaccines and mandates for vaccines, which is in violation of the Nuremberg code and the U.S. Constitution?”

Fitts thinks that big tech and big government are seeking tighter and tighter control through technology and cloud computing. Fitts says, “You are going to have Microsoft, Amazon and the New York Fed banks operating and controlling a huge amount of data for the U.S. government. That means you can re-engineer the entire federal government at a very high speed. Imagine getting your Social Security check getting deposited into your Amazon account where you are restricted on what you can and cannot buy. . . . We are putting into place the technology where the control that can be done is beyond the imagination of most people.”

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