February 25, 2018
Top trends forecaster Gerald Celente predicted a 10% correction in the stock market for 2018. It already happened. What are his updated predictions for the rest of the year? Celente says, “What brought the markets down was the fear of interest rates going up. Now, as you mentioned, we had forecast a 10% correction. Here’s our forecast now. We believe the Trump rally is near its peak. It may go up more, and here is why it will. Trump is allowing companies to bring back money from overseas. All that dough they have stashed over there that they haven’t been paying taxes on, they’re going to bring it back and get a great tax break. . . . George Bush did that back in 2003 and 2004. Do you know where the money went? 96% went into stock buybacks, not capital improvements. Again, Trump gave them a 21% tax rate from the 35% rate, and that money, we believe, won’t go into capital improvements because when you look at S&P 500 earnings, they are doing really great. They are expected to have a 19% increase this year.”
Posts Categorized: USAWatchdog.com
February 18, 2018
Financial writer and book author Charles Hugh Smith has been watching the extreme movements in financial markets closely. Is he nervous? Smith says, “Oh yeah, it’s definitely destabilizing. In other words, it’s becoming not just more volatile, the whole underlying structure of our economy is destabilizing. What I mean by that is it’s becoming more brittle or fragile. That is fundamentally why we are seeing these wild swings. People are swinging between . . . keeping the money machine like it is for another nine years, and the other side of the coin says wait a minute, we have already had a weak expansion for nine years. It’s almost the longest expansion in U.S. history. A normal business cycle doesn’t run in one direction forever. . . .If you don’t allow your economy to have a business cycle recession, then you are simply making it more fragile by encouraging really marginal and risky investments, and that’s where we are now.”
Renowned geopolitical and financial cycle expert Charles Nenner says forget what the mainstream media talking heads are telling you about this market. Nenner says, “When unemployment is low, it’s the end of the bull market. Last Sunday, I published a chart that shows every time the unemployment is around 4.1% or 4.2%, and you can see this in 1973, 1987, 1990 and 2007, and you can go on and on, and now, also, you have a market crash. I find it amazing that people can come on television and say things that are totally wrong factually, and you can prove it is wrong.”So, Charles Nenner is calling a top right now, but the market is not going to go straight down. Market tops are a process. Nenner explains, “The cycles saw a market top. It doesn’t always have to come down immediately, it just means the market will not go higher. I don’t think we will go back to the highs one more time because the quarterly cycle, and it is a long cycle, did top at the end of last year. I also want to put in a caveat about all this talk that we are in a 10% correction. Somebody came up with 10%, and it is not based on anything. . . . The fact is we are totally out of stocks. What is coming is big, but market tops take time. I don’t think it’s going to go down immediately.”
February 4, 2018
By Greg Hunter’s USAWatchdog.com (Early Sunday Release)
Financial writer and precious metals expert Craig Hemke contends there is no mystery why the dollar is going down in value. Hemke explains, “You’ve got the Fed wanting a lower dollar. You’ve got the President of the United States wanting a lower dollar and, lo and behold, the dollar is going down. It was a year ago, about this time, when the predominate story was “king dollar.” The dollar was going to soar and all this kind of jazz. Last year (2017), it looked like it was breaking out, and it got to 103 (on the USDX). Instead, it fell by 10% and, so far this year, it’s already down about 3%, and here we are just in early February. It’s not straight down. It’s probably not going to plunge in 2018 as fast as it rose in 2014, but anyone can take a look at a chart and see it’s going down. This has significant implications for this year and going into next year. If it was disinflation on the way up, it will be inflation on the way down.”Hemke thinks commodities are undervalued and cheap relative to stocks, which just had the biggest one day sell-off in years. Hemke contends, “$15 trillion worth of QE has been applied, $15 trillion worth of currency created in the last 8 years. . . . So, there are trillions and trillions of dollars that are sloshing around the planet, and when they all head in one direction, you get things like Bitcoin. If all of this money starts to head into commodities due to a falling dollar and recognition of inflation, commodities are going up, as is crude, as is silver. I think it would be wise of people to position themselves ahead of it. . . . The commodities sector will rebound on the sinking dollar.”
January 31, 2018
Financial writer Bill Holter thinks revelations from the so-called Washington D.C. swamp are going to intensify in 2018. Holter explains, “I would call what’s coming a tsunami of truth. . . . I think it’s going to affect the mood of the country. It is going to enrage some people. I think it will scare some people. It will definitely affect capital flows. There is a debate about arresting people and perp walks, whether that would be good or bad for confidence. It’s my opinion it would initially be bad for confidence because there are so many people (that would be criminally charged) it would blow their minds. It’s beyond anything that they even thought of. So, I think confidence would initially break, but longer term, it is good for confidence because it will be a sign that the rule of law is coming back to the United States.”
Holter contends the politics of crooked Washington D.C. have a negative effect on the U.S. dollar. Holter says, “One reason I think the dollars has been weak since the beginning of 2017 is there were an awful lot of truth bombs that hit last year. There is more truth with this four page memo from Congress that was just voted to be released. Foreigners are looking at the dollar with high skepticism because all of this ‘truth’ points to a very crooked, fraudulent and corrupt nation. Do you really want your assets in that system and denominated in that currency? I think the answer is no, and that’s one of the reasons you are seeing the huge devaluation of the dollar. . . . In 2017, my theme was that was the year of the truth bomb, and in 2018, I believe the theme will end up being the year that truth finally mattered.”
Holter goes on to say, “This country has lost the rule of law. It’s clear, looking at the DOJ and looking at the FBI, and what will come out on that, the rule of law needs to be restored. There needs to be a confidence restoration, if you will, in those agencies. It’s a complete travesty. What has really happened is they got so dirty that they tried a coup attempt. They tried to take over the government. They tried to negate an election. . . . A lot of people are speculating on Hillary going to jail, and I would put out that with all this illegal surveillance, there is absolutely no way that could have been done without Obama’s knowledge.”
Two time, best-selling author Nomi Prins says central bankers have no idea how to stop the easy money policies that they started after the financial meltdown of 2008. Prins explains, “So, when the Fed says they are going to remove assets from their $4.5 trillion book by not reinvesting the interest payment . . . the reality is they haven’t really done that. They have reduced their book by about $10 billion off of $4.5 trillion since they mentioned they were going to start ‘tapering.” The media discusses this as a major tightening move. Somehow all of our economies have finally worked because of central bank activity. Growth is real. It’s all positive. The markets are evidence of that because of the levels they are at; and, therefore, these central banks, starting with the Fed, are going to reverse course of these last 10 years. The reality is if you look at the actual activity of the central banks, beyond the Fed raising rates by a little bit, there hasn’t been and there isn’t being a reversal of course because they are scared to death that too much of a reversal is going to cause a major crash throughout the financial system. Everything is connected. All the banks are connected. Money flows around the world in less than nanoseconds, and all of it has the propensity to collapse if that carpet the central banks have created is dragged from beneath the floor of all this activity.”Prins, who just finished traveling the globe to research her upcoming book, thinks there is one big thing that can take the entire system down. Prins, a former top Wall Street banker, contends, “There hasn’t been any real growth in the real economy. That is an indication of the misfire of this entire plan.
Dr. Dave Janda is a radio host and a patriot who is a Washington outsider with insider contacts. Janda says a new Inspector General’s report will be the beginning of the reset of the rule of law. Janda explains, “Comey, Lynch and Clinton are now in the crosshairs, and I believe that’s accurate. Many people believe that the Inspector General’s report was not going to happen and was not going to be turned in. 1.2 million pages were delivered to Congress. . . . The reason why this report is important is, I believe, it will reset the rule of law in this country. The rule of law in this country has been abandoned. It has been massacred by the globalists. That was not by accident–it was by intent. The rule of law was used to persecute people that were freedom fighters and against the globalist system . . . they were shoved to the side, and the globalists, such as the Clintons, the Bushes or the Obamas, or their puppets like Soros, and all these other puppets of the globalists, could act out the globalist game plan. What this Inspector General’s report, I believe and many people believe, will lead to is a significant escalation of what the rule of law should be.”
Janda goes on to say, “The Inspector General’s report is going to unearth collusion in the Justice Department and the FBI about the possible re-engineering of the election results in 2016. It will show the illegal surveillance, not just of Trump, but of millions of Americans whose 4th amendment rights were violated. It’s going to reopen the Clinton Foundation and their pay-to-play program. Uranium is just a part of that and, remember, 20% of the uranium production in the United States was delivered to Russia. . . . The Inspector General’s report will also open Hillary’s emails.”
…
U.S. Government Criminal Enterprise – Catherine Austin Fitts
December 10, 2017
Financial expert and investment advisor Catherine Austin Fitts says the U.S. Government runs on massive criminal activity. Fitts explains, “The U.S. economy is deeply dependent on criminal cash flows. We’re the global leader in money laundering. If we stopped doing that, the economy would be in for a major, major change. . . . The preference for most Americans is to keep that system going as long as it works for them. So, it you are a public official, you are between a rock and a hard place. If you press the red button and stop the illegal cash flows, then all hell breaks loose. . . . The U.S. Government has been run as a criminal enterprise, and I have documented and proved that on multiple occasions. The swamp that exists in Washington is from sea to shining sea. It’s not just in Washington. It’s in every county and every state house in the country. If we are going to change and clean ourselves of enormous financial dependencies on criminal activities, we are talking about a very big change, and it’s not just in Washington.”
So, in the big picture, where are we now? Why are so many top people in politics and Hollywood being taken down? Fitts says, “These people are expensive. This is a fundamental re-engineering. . . . We are watching purges, but these purges are knocking out the expensive people, people we no longer need from the financial coup d’état period, and you are bringing in a new wave of people or you are just downsizing. So, we see sex purges in Hollywood and in various forms of media and entertainment. . . . You have various purges going on because the reality is the world needs to move on. This money needs to be reinvested, and you can’t afford a bunch of egotistical maniacs who were good at stealing money. You can’t use them to build the future, and you can’t afford them. . . . There is a huge amount of money that is floating around in fixed income and derivative markets, and now you’ve got to bring it down into the hard economy and hard assets. How do you do that? You need to switch the caliber of the people for management and reinvestment of the money. You have to do it in a way that doesn’t kick off hyperinflation.”