Posts Categorized: USAWatchdog.com

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By Greg Hunter’s USAWatchdog.com 

Financial and precious metals expert Egon von Greyerz (EvG) says the signs abound that we are nearing the end of this global fiat money experiment while central bankers are befuddled. EvG explains, “The central banks are panicking.  They don’t know what to do anymore. They are just starting to print money and with the euro on a daily basis. . . . Europe is starting QE again with $20 billion a month, but that’s nothing compared to what is coming. . . . The panic that started with central banks in the summer in late July and August was, to me, the first step towards total chaos in the world that we will be seeing in the months and years to come.  They (central bankers) see it clearly. They know the banking system is absolutely on the verge of collapse.  They know Deutsche Bank (DB) and CommerzBank, too, are down 95%.  If you show this chart to a child and ask where is that likely to go, it is likely to go to zero. DB, with their $50 trillion in derivatives, there is no chance they will survive. Of course, Germany and the ECB is panicking because that will affect the whole banking system worldwide.  This is why they have started to print money now because there is a massive liquidity problem, and that’s Germany, which is the best country in the EU from the point of economics.  Then you take Italy, Spain, France and Greece and they are in a real mess.  This is why the whole system is on the verge of disappearing into a black hole. . . . With the U.S., there is massive liquidity pressure there too.”

The massive amount of money printing to keep the fiat system afloat is just starting.  EvG contends, “This is just a practice round.  This is just more money at this point.  The balance sheet . . . of the Fed is going to go from around $4 trillion to $40 trillion.  It is going to go to $100 trillion before this is over. So, right now, they are just practicing a bit because they are going to put the pedal down to the bottom very soon. . . . There is no other way to save this system, it has gone too far. I am not a pessimist. I don’t want to see the end of the world, but you can see their actions. You can see that now there is absolutely no way out. The only thing they know is to print money. They have already reduced rates to zero or negative, which is a disaster in and of itself.”

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

We are living in an age of records in the financial world. The stock market is in its longest bull market in history and near all-time highs.  The world has more debt than ever before while interest rates are near record lows, and some are negative in many countries for the first time ever.  Nick Barisheff, CEO of Bullion Management Group (BMG), is seeing a dark ending for the era of financial records. Barisheff explains, “I have been in the business for 40 years, and this is the first time we have had a simultaneous triple bubble, a bubble in real estate, stocks and bonds all at the same time.  In 1999, it was a stock bubble. In 2007, it was a real estate bubble. This time, we’ve got a triple simultaneous bubble.  So, when we have the correction, it’s going to be massive. Value calculations on equities say it’s worse than 1999, and in some cases worse than 1929. The big problem is this triple bubble is sitting on a mountain of debt like never before.”

What is going to be the reaction to this record bubble in everything crashing?  Barisheff says, “I think you are going to be getting riots in the streets.  It’s already happening in California. CalPERS is the pension fund administrator for a lot of the pension funds in California. So, already retired teachers, firefighters and policemen that are sitting in retirement getting their pension checks all got letters saying sorry, your pension checks from now on are going to be reduced by 60%.  How do you get by then?”

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By Greg Hunter’s USAWatchdog.com

Analyst and entrepreneur Karl Denninger says the economy is good for some people but not so good for others. Denninger explains, “I think it is very good for people in the top couple of percent.  I think it is moderately okay for people in the top 10%. It is terrible for people that are further down the line.  The real problem is not that it is good or bad for any particular group, but it is the entire thing is running on borrowed funds.  In other words, the days of you going and working and you saving your economic surplus, that’s gone.  You don’t have an economic surplus.  If you look at the statistics and they say the majority of Americans cannot come up with $400 for an emergency, please tell me how we can have a great economy if the majority of people cannot fix a transmission if it blew up in their car tomorrow.”

So, why are big money managers and investors like Ray Dalio and Mark Mobius telling people to buy precious metals?  Do they see the economy hitting the wall? Denninger says, “Everyone sees the wall. Everyone sees the problem.  The monthly Treasury statements are public.  Go pull it up on a computer. . . . It is the general ledger of the federal government, and it’s terrible.  The thing is everyone knows it is terrible, and it has been terrible for a long time.  It was terrible when Obama was President, and it is terrible now.”

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By Greg Hunter’s USAWatchdog.com (Click Here for Pt #1)

There is a new engineering analysis and investigation done by the University of Alaska that says on 9/11/2001, building #7 was a controlled demolition and did not fall because fire melted the beams. This new report totally contradicts the official story and reveals a gigantic lie the public has been told for the past 18 years. The mainstream media (MSM) is largely ignoring this ground breaking report. Why? Former CIA Officer Kevin Shipp, who is an expert on counter-intelligence, says, “This is shocking . . . . As always, they call everyone who looks into this a conspiracy theorist.  These 3,000 structural engineers who took part in this study are engineers and architects, are high level people, and many have PhD’s . . . and it was conclusively proven. I would urge people to read the University of Alaska study and also watch the video of tower #7 collapsing. I met with a structural engineer, and he said there was no way that building just collapsed. There was a freefall, and no way was that a fire on one of the floors. That was a controlled demolition.”

Shipp goes on to say, “Why are they (MSM) not covering it, I think, is the big question. . . . In one of my lectures, I show how the news media is controlled by the Shadow Government and the Deep State. The owners of these media companies are all connected to globalism. They do not want the true story of 9/11 coming out because of what it could mean. It could mean it was not terrorists on a plane and that it was an inside job from someone who planted explosives clearly in tower #7 and very possibly in the other two towers. They don’t want that coming out. Why? It could involve officials and parties within the United States. A lot of people cannot cross that psychological barrier because of what it means. I think it’s up at the University of Alaska because they were the only ones that would do it. The other universities are covering this up. They would not even let them come to their university, and I am talking Harvard and others. So, they went to University of Alaska, and they said yeah, let’s do it.”

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By Greg Hunter’s USAWatchdog.com 

Economist John Williams says the Fed is still not in President Trump’s corner when it comes to the economy. Williams contends, “The Fed was working against him (President Trump) on the economy, and they still are. Their primary concern is the banking system, and that certainly has to be supported, but when you have a weak economy, and this was fueled by the tightening of the Fed, I don’t think Trump is going to get blamed for that. It’s going to go against the Fed, and I don’t think it is going to hurt him that much in the upcoming election.

Williams says the real numbers say the economy is getting worse and not better. Williams thinks “The Fed is going to feel pressure to cut interest rates .5%” and not .25% that Fed Head Jay Powell has been indicating. Williams also thinks the Fed is going to feel pressure to start a “new round of QE.” Why? Williams says, “First of all, the economy is that weak. I am seeing it in the numbers, and I am sure they (Fed) are too. . . . The headline numbers that you hear are bloated, and they know it. . . . Construction spending is a lot weaker than reported. . . . So, we know the GDP is overstated. . . . They just reduced payroll employment . . . They overestimated payroll growth by 501,000. This eliminates 20% of the employment growth you have seen in the last year. . . . This also will be reflected in the GDP, and it will continue to get weaker. The Fed should be recognizing they have some bad numbers here. I think you are going to see retail sales numbers weaken. They will be out later this week, and also industrial manufacturing numbers will be weaker. They will be out next week. This is all before the FOMC (Federal Open Market Committee) meeting. The economy is weak enough that they’ve got to do something that will stimulate the economy by cutting more than a quarter point. There is a fair shot they go a half point (cut) and if not, they will be easing again soon. As things turn more negative, they are going to have to turn back to quantitative easing (money printing).”

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

Recently, one big name money manager after another is on record telling people to buy hard assets. Why? Financial writer and precious metals expert Bill Holter says they all know what is coming. Holter contends, “They understand that this is going to be the biggest monetary debasement in the history of history. They understand it’s hyperinflation that is on its way. They are late to the game, and they do manage billions and billions of dollars, and I don’t see how people talking about buying gold and buying silver are going to be able to get actual physical silver and physical gold in their hands or in their vaults.”

Holter is warning of a failure to deliver metal because demand is out-running supply. Holter says, “So far, this year . . . for gold, they have already EFP (Exchange for Physical) 4,200 tons just for the first eight months. . . . They don’t have the inventories to deliver. . . . The point being that is 4,200 tons in eight months. The world only produces 3,300 tons (of gold a year) and if you take out Russia and China, which do not export (gold), the whole total for the year is 2,800 tons. So, it looks like we are going to end up with 6,000 tons of gold EFP demand for delivery in a world that is only producing 2,800 tons. In silver, it’s worse. In silver in the first eight months, there has been 1.6 billion ounces EFP. That number is going to end up to about 2.4 billion of silver ounces (EFP) and the world produces less than 800 million ounces a year. The bottom line to what all this means is there is going to be a failure to deliver. Once there is a failure to deliver, only the Lord knows what kind of prices we are going to be looking at for gold and silver.”

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

 The Federal Reserve made it clear it was working against President Trump for the 2020 election.  Former NY Fed Chief Bill Dudley wrote an Op-Ed recently that said President Trump was “making bad choices” in his trade negotiations with China.  He also said, “There’s even an argument that the election (2020) falls within the Fed’s purview.”  The Fed is clearly saying it could tank the economy to keep Trump from getting a second term.  Federal Reserve watcher Wayne Jett wrote about the Fed, “The Fruits of Graft,” and says this is why Trump and the Fed are doing combat right.  Why is the Fed doing this now?  Jett contends, “They have a President that is coming after them and is in their wheelhouse in terms of what their role is.  He is basically giving them warning shots across the bow that says if you come after me during my re-election, I am coming after you.  I think this is great.  In a piece I recently published on my website that said Dudley has let the cat out of the bag, or you could say he stepped in it in terms of the Fed fight, Dudley has put it right out front and, yes, the Fed is going after President Trump and Dudley says they ought to.  He is making a public case that this is for the good of the country.  Ordinarily, they go after the President or they go for him–and that is usually the case.” 

Jett goes on to say, “The Fed is one of the most powerful instruments the kingmakers have to determine what goes on in the political arena in the United States.  So, in my opinion, Dudley did us a great favor by letting the cat out of the bag and making the Fed fair game for this President.  Dudley basically said let’s step up and cause a recession to get this President out of office.  We can do it.  Well, of course, they can.  They have done it in the past election.”  

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

Four time, best-selling author Jonathan Cahn says President Trump was put into power by divine intervention. This has happened many times before according to the Bible. Cahn contends, “Trump is following this pattern where a nation, as in ancient Israel, was about to really fall and falling away from God, he raises up an unlikely figure who is providing a window of time and holding back the flood. Trump is that person. It’s not about Trump . . . but he is now holding back, his Presidency is a window of time right now. At the same time, if he doesn’t get re-elected and Democrats get, in it’s a whole different ball game. Then that wall is going to come down and there is going to be a flood. In the time of the Trump presidency, we are watching a continual apostasy, a continual move away from God in every possible way. So, we are at a time of great polarization. The country is very divided, and Trump is a lightning rod of that division. One side will do anything they can do to get him out, and the other side is praying that he stays in.”

“Nothing is an accident,” says Cahn.   His newest, soon-to-be-released book called “The Oracle” proves the existence of God through Bible prophecy and math. Cahn goes on to say, “One of the mysteries of ‘The Oracle’ is when God does something, it is exact times, and it even involves the birth of people. So, when the first American Cyrus is in power, President Truman, God brings forth the second American Cyrus. Donald Trump was born in the reign of Truman, the first American Cyrus, and his whole life is going to be linked to it. . . .Donald Trump follows this mystery in amazing ways. . . . Trump even quoted a quote from Cyrus (of ancient Persia). Truman never recognized Jerusalem, but Cyrus did (in the ancient world), and Trump is the one who did it. So, now, Trump is the only other one just like Cyrus did. He recognizes Jerusalem just like Cyrus did. He speaks about building a house in Jerusalem, an embassy, just like Cyrus did. Cyrus spoke about building a house in Jerusalem. And to put it all together, about the hand of God in our lifetime, here’s what happens. With Cyrus, there is this 70 year mystery. . . . The Bible says, and this is about Cyrus, a king rose up and allowed the Jewish people to return from exile after 70 years. Trump gave the Declaration of Jerusalem in 2017. . . . You go back 70 years and you get to 1947, the year Israel is voted into existence, the beginning of Israel. . . . Where does the 70 year period fall to the day? It falls on December 6, 2017, which is the exact day Donald Trump issues the Declaration after 70 years, according to the mystery to the very day.”

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