Gregory Mannarino: “Expect This From the Fed AND THEN THEY ARE DONE”
Gregory Mannarino joins Silver Doctors to discuss the latest market news as central banks around the world continue to destroy currencies and inflate their favorite asset bubbles…
Thursday was the second worst day on Wall Street this year. Despite the recent drop in the stock market, he sees the stock market will continue higher because of dovish language and the 180 degree turn by Fed Chair Janet Yellen.
The Fed minutes this week showed that Fed officials want inflation higher. Mannarino warns the Fed should be careful what they wish for. He believes the Fed will overshoot their target, and create massive inflation.
As for precious metal markets, Mannarino says gold and silver prices are so manipulated that their price action “has no bearing on reality.” He says the cryptocurrencies may actually be the only free markets left.
Gregory Mannarino @marketreport
I couldn't agree more, the crypto market is the only free market left. They're playing a very dangerous game with inflation. As the economy worsens, every tick higher makes it immensely harder for the average American to exist in their day to day lives. The only way they can keep this going is for the sheeple to stay asleep, so making things more difficult with a raising inflation rate is the quickest and surest way to wake them up so they realize all is not right in the kingdom. I'm expected we see a deflationary period in some sectors, but the one that needs it the most, housing, they cannot let deflate. We are on a very slippery slope and have been for quite some time.
"Cryptocurrencies may actually be the only free markets left." Gregory Mannarino - I like this!
Now that was a very good Report , Greg and thank you for it, also on a personal note to all it is always a good time to buy silver and we upvoted and re steemed it
Looks like the fed are doomed at every turn
The polarization of the country is a much more terrifying scenario than the North Korean agenda, in my opinion. You have hit the nail on the head with the 'no grey area' as there will be no where to stage a 'cooling off' period. This emotional time bomb in conjunction with the economic bubbles bursting and the apparent disarray in the government already have the general populace on edge and they don't even know why. They just know what the 'news' tells them. Great interview, by the way!!
Upvoted & Resteemed.
Thanks for the video.
I like this!
Greatfull video
Nice ... Always amazing photos
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