economic collapseDmitry Orlov is a Russian journalist who writes about the parallel between the U.S and the USSR.
Orlov lived through the financial collapse of the Soviet Union in the early 1990’s, and he thinks the U.S. is on the same trajectory. Orlov contends, “The trajectory is defined by this sort of incompetent militarism where more and more money results in bigger and bigger military fiascos around the world and less and less of actual foreign policy that can be pursued or articulated. There are massive levels of corruption. The amount of money that is being stolen by the U.S. Government and its various appropriations processes is now in the trillions of dollars a year. Runaway debt, the United States now has a level of debt that is un-repayable. All we’re waiting for is interest rates to go across the magic threshold of 3% and the entire budget of the country explodes. There are also all types of other tendencies that point in the direction of collapse and systemic failure at all levels.”

jim willieWorld renowned gold expert Jim Sinclair is issuing a warning of a massive downside risk to U.S. sanctions against Russia.  Sinclair says watch the “struggling dollar” and Russia accepting any currency for oil and natural gas.  Sinclair explains, “It’s struggling . . . because it smells the real teeth of retaliation for sanctions being in the simple acceptance of any currency whatsoever for payment for gas to Europe.  Believe me, they will settle in other currencies. . . . It makes energy cheaper.  Why in the world would anyone want to pay in dollars if they can pay in their own currency?  Russia could retaliate in a way that would have phenomenal impact on the U.S. dollar. . . . Russia has the upper hand.  They have it in their ability to turn the U.S. economy upside down and into collapse.  There is no question whatsoever.  Putin doesn’t need a nuclear bomb. He has a nuclear economic bomb that he can set off at any time.” 
What would the price of gold be this year?  Sinclair predicts, Gold has $2,000 an ounce in its sites in 2014.  On silver, Sinclair says, “Silver is gold on steroids.  When gold takes off, silver goes up faster. . . . So, the idea you are going to get an old high on silver or better is a given.
Legendary gold trader Jim Sinclair’s MUST WATCH interview with Greg Hunter is below:

EmptyVaultFormer Assistant Treasury Secretary Dr. Paul Craig Roberts thinks the Neoconservatives in the U.S. government want war in Ukraine.  Dr. Roberts says, They definitely want war, of course. They’ve wanted it ever since Reagan was President.  The Neocons were always saying we have to attack the Soviet Union, and Reagan said we are not going to win anything, we are going to end it.   The Neocons got to where they really disliked Reagan because he wouldn’t take advantage of Soviet weakness to attack them.  So, they are war minded.  They produce documents that say nuclear war is winnable.  So, they are basically crazy people; and, yet, they have determined the course of foreign policy since the Clinton Administration.  Under George Bush, they controlled the show; and today, under Obama, the Neoconservatives control it.
On gold, Dr. Roberts says, “To protect the dollar from Quantitative Easing (QE), the Fed is selling naked shorts in the gold market to keep the gold price from rising so rapidly that it exposes the worthlessness of the dollar. . . . The physical stock of gold in the West to meet delivery demand is diminishing rapidly.  So, one day the Chinese will buy 100 tons of gold, and we won’t be able to make delivery.  That would crash the system.  It would just pop.  So, there are things that could crash it suddenly.  Regardless . . . the economy is going to gradually sink because there are no jobs, or no good jobs. . . So, there is not a recovery.  The U.S. is a busted state.  It’s completely busted.”  

panic crashEconomist John Williams says if Russia sells its U.S. dollar holdings it could trigger hyperinflation.  Could it collapse the financial system?  Williams contends, “Yes, it certainly has a potential to do that.  Looking outside the United States, there is something over $16 trillion dollars in cash or near cash.  That’s about the same size as our GDP.  If the rest of the world believes this is what’s going to happen, people who have been wanting to get out of the dollar for some time very easily could front-run the Russians.  The scare is onPeople will try to get out of it as rapidly as they can.  We have not seen an economic recovery.  We have not seen a return of health to the banking systemSo the system is very vulnerable and if the Russians carry through with their threat, you have indeed the risk of it collapsing the system.”
On the overall economy Williams says, “It is rolling over and the numbers are starting to show we are starting into a new recession.  Join Greg Hunter as he goes One-on-One with John Williams of

Sprott$8 billion fund manager Eric Sprott says there is a big opportunity surfacing in precious metals. Sprott contends, “I’ve always believed there is more demand than supply for the last 14 years. I’ve documented it.  I am suggesting the western central banks have very little gold left. I think the whole decline in the gold price is the liquidation in the ETFs to supply some of that shortfall. I think manipulation and relief from the manipulation and the ongoing demand, well in excess of supply, is going to power gold higher.”
On precious metal price manipulation, Sprott charges, “We seem to get more and more evidence of it all the time. The German equivalent to the SEC saying the possible manipulation to gold would be worse than LIBOR, and I think worse is a very important word here because there can’t be more money involved because LIBOR is way bigger than gold, but worse means the egregiousness of the price decline. Furthermore, we had another group come out and say the LBMA fixed the price . . . the price was manipulated 50% of the time.”

Jim SinclairEconomic and political writer Brandon Smith thinks America is in deep financial trouble, and the Fed knows it.
Smith contends, “At the end of last year, I brought up the prospect to the alternative economics community that the ‘taper’ was real, that the Fed would start cutting QE stimulus. I received a pretty negative response from that concept, which is understandable because a lot of people in alternative economics and the liberty movement are focused on the concept of hyperinflation through printing. I am pointing out through my articles on ‘taper’ that there is more than one way to kill the dollar. It’s not just about printing. There is also the issue about debt default and how that can kill the dollar’s world reserve status and kill the dollar’s value in the process. So, the ‘taper’ is a huge part of that process of debt default.
Smith goes on to say, “I find it interesting the Federal Reserve institutes the ‘taper’ just before we saw major downturns in global manufacturing. The Baltic Dry Index is starting to crash again. We’re starting to see trouble in emerging market currencies.

silver crashFormer World Bank Senior Counsel and whistleblower Karen Hudes has an amazing revelation about secret U.S. gold.
Hudes says, “We’ve been offered, the United States, 170,500 metric tons of gold on deposit in the bank of Hawaii to underpin our currency which is about to crash. The Federal Reserve Notes are unconstitutional, and we don’t have to pay interest on our debt, and we don’t have to have debt for that matter.
What does Hudes say to her skeptics that doubt her story of 170,500 tons of gold in Hawaii? Hudes says, “I say you are totally kept in the dark and that the mainstream media is controlled by this network of control that is totally documented by the Federal Institute of Technology. You really ought to chide yourself that you are deliberately kept in the dark. So, you shouldn’t be surprised that the world’s wealth is hidden from you when so much else is hidden from you.”

China credit crisisRobert Wiedemer, best-selling author of “The Aftershock Investor,” says the so-called recovery is “100 percent fake.”  Our entire growth is due to government borrowing . . . it’s a fake recovery.
On the bond market, Wiedemer contends, “ The money we are printing, ultimately, will create inflationThat’s really going to be a problem for the bond market.
On gold, Wiedemer says to not believe the false narrative that gold is a “risky” investment: “Let’s look at gold since 2000.  Up 12 years in a row, every single year.  That’s risky?  We’re still up over 300% from where we were in 2000!
For anyone who thinks we’ve seen the worst of the bad economy—think again.  Wiedemer predicts, The big one is coming . . . we’re just pumping up the bubbles, and all that’s going to do is make them a lot worse when they pop. . . . You are just putting more gun powder under the house . . . that’s a big mistake long term.”
Robert Wiedemer’s full interview with Greg Hunter is below:

Lloyd BlankfeinFormer international derivatives broker Rob Kirby thinks the Fed’s recent cut back in money printing or “taper” is a con game.
Kirby says, “The threat of taper made rates go up. The actual taper has made the 10-year Treasury drop 40 basis points in less than a month. The notion that the taper had anything to do with interest rates going higher seems to be a non-story.” The Fed has long claimed it was buying bonds to hold down interest rates, but if that is not true, what was the Fed doing buying all of those so-called toxic mortgage bonds from the big banks? Kirby says, “My thesis about taper is that the banks in the U.S. had mortgage bonds on their books probably close to the tune of a trillion dollars that they could not sell to anyone. It was dead money, and they had to write them off somehow. The problem with writing off close to a trillion dollars’ worth of mortgage bonds that were held in all the U.S. banks is that kind of money is probably more than the total market capitalization of the U.S. banking industry. So, they had to figure a way to get those mortgage bonds off the books of the banks and silo them somewhere without basically admitting that the U.S. banking system was insolvent.” Kirby goes on to say, “For the most part, with them now tapering, we can almost say mission accomplished. They’ve taken these mortgage bonds off the books of the banks, and they are held right now on the balance sheet of the Federal Reserve.”

smash popEric Sprott of Sprott Asset Management predicts, “The price of gold and silver will both hit new highs in 2014. The price of gold goes north of $2,000, and silver will quickly go over $50. When it does, it will get a little crazy.” Sprott says,
They know a day of reckoning is coming, and they are setting up for it. . . . I am convinced some sovereign banking systems fail in 2014.
Join Greg Hunter of as he goes One-on-One with $8 billion money manager Eric Sprott.

snapIn this interview with Finance & Liberty’s Elijah Johnson, Greg Hunter discusses:
-Germany’s top financial regulator says that precious metals manipulation is worse than the LIBOR rigging scandal
– The Federal Reserve has NO GOLD
– Those in Washington Know We Are Headed Towards ECONOMIC Crisis
– China buying up economic power from the United States?
– Current crisis is threatening our personal liberties
Financial collapse will occur within a year, “This is a mathematical calculation that we’re headed for another financial calamity

collapseProfessor William Black is a former financial regulator and an expert in white collar crime. According to Black, the financial system is headed for an even bigger collapse.  As a major warning sign, Professor Black points to Treasury Secretary Jack Lew’s recent complaint about no money for regulation in the recent budget deal. Professor Black says, “Jack Lew is the anti-canary in the coal mine because Lew has been gutting regulation for virtually all of his professional life. . . . Lew is saying, my God we’ve gone so far we’re going to cause the collapse of the system. . . . You know when Jack Lew keels over, you know that carbon monoxide has already killed everybody reasonable.” Professor Black goes on to say, “The system is ungovernable . . . It has already largely imploded.”
Join Greg Hunter as he goes One-on-One with former bank regulator William Black.

willieFinancial newsletter writer, Dr. Jim Willie, has a bleak warning for America.  Willie says, I don’t think the United States is going to be killed as the host.  I think it’s going to be bled to death and harvested for its organs, and done so by China.”  Dr. Willie explains, The Chinese will drain this nation and all the Western nations of all their gold.”  Dr. Willie predicts,I have been saying steadily, not until the dollar has problems and the globe starts saying we’re not going to use it anymore, and we’re going to force a devaluation on you . . . that is when the dollar will hit Main Street and the U.S. economy with price inflation.  It’s coming this year. . . .This is the late stage, the very late stage.  Dr. Willie goes on to predict a big German bank will cause a string of bank failures, a domino effect of failed banks.”  Dr. Willie goes on to say, When the big impact comes from the dollar global rejection, and when devaluation does take place, there will be three effects:  a jump in prices . . . food shortages and supply disruptions, the third is violence.  This is the year we have the currency explosion.”  Don’t think Obama Care is going to make things easier.  Dr. Willie thinks, “It will be 100 times the nightmare than you think it might be. . . . Obama Care is a big plan to track people, both their money and their bodies, like a bunch of herded animals.  This is going to manage death of the individual and manage death of the economy.”  Join Greg Hunter as he goes One-on-One with The Golden Jackass, Dr. Jim Willie:

Source: Banzai7

Source: Banzai7

Economist Dr. Paul Craig Roberts says, “We have a situation where all the markets are rigged. All the markets are manipulated.” As an example, Dr. Roberts points to the stock market. Dr. Roberts contends, “We have a stock market at all-time highs, and where is the economy? There’s not one. There’s no recovery.
Dr. Roberts goes on to say, “53% of Americans earn less than $30,000 per year. Well, the poverty rate for a family of four is something like $24,000. . . .
If there is no income to drive the economy and there is no credit expansion to drive the economy, then how does it go anywhere? You can’t possibly have a recovery

eplosive gold rallyGerald Celente is one of the world’s top trends researchers.  His top trends in 2014 start with the Middle East.  Iran, Syria, Egypt, Israel, Yemen and Turkey are just a few of the countries facing big problems.  Celente exclaims, “You just keep going around the Middle East, it’s total turmoil.”  Will there be war in the Middle East in 2014?  Celente says, “I thought it would have happened last year; but, then again, there are wild cards.”  On the economy, Celente predicts, “Interest rates are going to go up. . . . When interest rates go up, the economy is going down—period.”  Celente goes on to say, “I think they are going to institute more tapering, and it’s going to create a financial crisis worldwide.”  On gold, Celente predicts, “Then they’re going to dump more dough into the system.  When that happens, that’s when you’re going to see the real panic start to happen. . . . You’re going to see a rise in gold prices that’s going to eclipse the last one.”  In Asia, Celente points out, “Things are heating up between China and Japan.  If that thing goes into a war, it’s a whole new game.”  Celente predicts, “Absent the war card, I think we will see a financial crisis before the end of the second quarter of 2014.”  

Nomi Prins, former Wall Street banker and author, says, There’s this myth . . . that somehow the Fed’s quantitative easing (money printing) is helping to create jobs. The big six bank stocks are outperforming the rise in the stock market generally by ten times, and that is really not talked about very much, and that’s a big multiple. They are the ones who have received the most benefit, and they are the ones who are still in trouble.”
Can the Fed stop supporting the big banks?  According to Prins,
The banks can’t survive without the Fed support, period. . . . The Fed will not discontinue its program of helping these banks because the levels of problems are still the same.”  According to Prins, depositors could be in trouble during the next banking calamity.  Prins contends, That is a danger.  Depositors could lose money because the FDIC would not be able to contain a mega fallout. . . . They’re creating a facade of stability until it falls apart.”

Image: Jonny O'Callaghan

Image: Jonny O’Callaghan

Investigative reporter Michael Snyder says, “The only way they got the unemployment rate to go down is pretending that millions, upon millions, upon millions of Americans don’t want to work anymore. . . .If the labor force participation rate was exactly the same as it was when Obama was first elected, the unemployment rate would be 11%, and everybody would talking about an economic depression.” Snyder warns, “We’ve seen absolutely no employment recovery; and, meanwhile, the next great wave of economic crisis is rapidly approaching.
Snyder contends, “What the Federal Reserve is doing is utter insanity. . . . The rest of the world is starting to lose faith in our financial system and the U.S. dollar, and this is the most important consequence of QE (money printing). They actually use more dollars outside the U.S. than inside the U.S.  The economic collapse is happening right now, and it is a steady decline punctuated by moments of crisis like we saw back in 2008.”
Join Greg Hunter as he goes One-on-One with Michael Snyder of TheEconomicCollapseBlog.

Bernanke QEFinancial analyst and trader Gregory Mannarino says, There will be no Fed taper . . . the Fed is the $85 billion a month gorilla in the room, and this will be increased sooner than later.”  Mannarino contends, “The Fed will not allow the dollar to be strong . . . They have no recourse.
There is no recovery here in the United States.  There is no economic recovery over in Europe.  The central banks are going to attempt to print more in greater amounts to keep this propped up.”   
Mannarino goes on to say, They’ve already lost control here.  We’re just watching a slow motion train wreck come apart.”  Mannarino steadfastly recommends putting some money in physical gold and silver.  To his critics, Mannarino says, I think people are missing the big picture . . .  keep dollar cost averaging until the cows come home   Obama Care will be “awful” for the economy, and Mannarino points out, This will be a wealth transfer.  It’s that simple.  They want young healthy people to subsidize the older sick ones.”  Mannarino goes on to predict, “This is going to kill jobs beyond a shadow of a doubt.  It is going to steal money that could be put into the economy.” 

YellenMoney manager Peter Schiff thinks the nomination of Janet Yellen as Fed Chairman is “very bullish for gold.”
Yellen has admitted she did not see the 2008 financial meltdown coming which was caused by an enormous housing bubble. Schiff goes on to say, “Not only was she not warning about the housing bubble, she was trying to quiet some of the concerns other people had. She was saying, ‘hey some people are worried,’ but really we shouldn’t worry.” When it comes to raising the so-called debt ceiling, Schiff contends, “A limit to the growth of government is bad for gold. What’s good for gold is raising the debt ceiling . . . more borrowing, more money printing. . . . We’ll borrow as much money as the world is dumb enough to lend us. It’s really the lending ceiling.” All the borrowing and money printing is destroying the buying power of the U.S. dollar. Schiff predicts, “Americans’ standard of living is going to move dramatically lower. . . . We’re not going to be buying a lot of new things because stuff is going to be very expensive.” Schiff contends, “This is just a question of time until the illusion is pierced. When the collapse happens, that’s it–the party’s over. America is going to have to live within its means.” Join Greg Hunter as he goes One-on-One with Peter Schiff.

house-of-cardsFormer World Bank Senior Counsel Karen Hudes says, “It’s pretty clear where we’re headed, and that is something called permanent gold backwardation. That’s a fancy word for people losing confidence in paper currency. That means the value of currency in the future is less than today.” How bad is “permanent gold backwardation”? Hudes, who spent 20 years at the World Bank, says, “This is not just a bad event. This is like the meltdown of all meltdowns. What it means is you cannot finance international trade.” Hudes goes on to say, “It’s going to make any depression we ever had (the 30’s, 2008) pale in comparison.” Hudes says even though the credit ratings agencies rate U.S. debt high, they know just the opposite is true. Hudes contends, “This is actually an underhanded move because they know the U.S. dollar is going to lose its status as an international currency.” What would that look like to the man on the street? Hudes predicts, “Prices would change on a daily basis. They would double. The number of families that would be employed would be in the minority . . . there would be lawlessness.” Join Greg Hunter as he goes One-on-One with former World Bank lawyer Karen Hudes.

Former Goldman Sachs banker Nomi Prins says the financial system is more risky than before the 2008 meltdown. Prins, who wrote the best-seller, “It Takes a Pillage,” says, “We have greater concentration of . . . financial risk within fewer institutions. So, we’re in a situation where there is moral hazard, but there is more recklessness beneath the surface because they know they can get away with it.” Prins sees the recent op-ed piece by Russian President Vladimir Putin in the New York Times as a warning. She says, “To use Obama’s term, ‘American exceptionalism,’ as an excuse for that kind of combat, doesn’t negate the risk associated with it.” So, what could a U.S. war in Syria do to the fragile global economy? Prins contends, “It could implode and have serious ramifications on the financial systems starting with derivatives and working on outward.” Prins goes on to say, “It’s a tremendously dangerous time to be moving forward with aggression rather than moving backwards with diplomacy.” As far as the stock market goes, Prins says, “I would not put my money in the stock market right now. . . I would stay away from it because that is flimsy ground.” Join Greg Hunter as he goes One-on-One with best-selling author & former Goldman Sachs banker Nomi Prins.

nuclearFormer Assistant Treasury Secretary Dr. Paul Craig Roberts says, “Let’s cut to the chase. It’s got nothing to do with Syria. The reason they are looking for a fabricated excuse to attack Assad is to continue the radicalization of Muslims in the hopes this spreads into the Muslim populations of Russia and China. . . .
Washington intends to weaken the two giants it cannot run over.” Dr. Roberts goes on to warn, “I think this will lead to World War III, and that, of course, will be nuclear.” One big dilemma Dr. Roberts points out, “The issue is will any aspect of the government have any credibility if they back Obama when the rest of the world already knows he’s lying through his teeth? . . . This time the big lie didn’t work like it did in Iraq.” On the economic front, Dr. Roberts worries, “If they start abandoning the dollar, the collapse of the exchange rate will bring down the whole house of cards in the United States. The Fed will lose control. The banks will fail. Prices will rise dramatically. People will essentially not be able to pay their bills. It will be an unbelievable mess.
What would happen to gold with a Syrian war? Dr. Roberts says, “If you get a real collapse in the dollar, gold could be $30,000 an ounce. Who knows?” Join Greg Hunter as he goes One-on-One with economist Dr. Paul Craig Roberts.