(VIDEO) Markets Are Upside Down: Updates On Stocks, Bonds, Gold, Silver, Crypto, MORE! By Gregory Mannarino
In the video below, I outline several very important dynamics which are occurring in this market right now that we have to pay attention to.
Today, the yield curve continues to flatten out, the US dollar is under pressure, metals are under pressure, and there is a war going on against cryptocurrency. More.
Gregory Mannarino
There is a difference between manipulating PM and crypto: with crypto, they have to buy up the real thing (as real as it is) and then dump it, not made up paper like in PMs. That makes it harder and costlier.
But lets see where all this is going. If they push silver down to $5 - I just buy some more.
if they are using free money that they print as much as they want of to buy cryptos, then they don't care how much they spend, am I right?
Can they print enough money if we all pick target points to buy in a coordinated effort? Can we out manipulate the manipulators?
These people are financial geniuses and they probably did a cram session on cryptocurrency for that last couple years but a lot of us are getting pretty seasoned with trading, (not me per se) but we need to listen to people like Gregory who know a lot about how markets work, Those of us who know more about programming need to brush up on economics and those of us who know about economics need to brush up on the nuts-and-bolts of blockchain tech. The internet has empowered us all to learn anything we want for free, let's use it while we can, we can figure this out.
I believe we can beat their greed, they will fall on their swords.
Let's rip off some faces!!!!
Well said! Lets hope it works...
That would be amazing if silver would go down that low. I would but truck loads of it. Lol. Followed
5 dollars and I'm buying all in!
Great video Gregory! I think it will be time to buy more silver very soon. Everyone please UPVOTE & hit that RE-STEEM ARROW beside the reply button. Let's earn Greg some Steem for all the free info that he sends our way each day!! He really does deserve it!! @jbcoin
Hard for me to upvote this. Am reminded: don't fight the trend.
Also, the FED is NOT in control and never has been.
Lastly, you could be right, but if your timing is wrong, you could still go broke.
Getting ready to load up on cheep crytos.😀
Same, only need one of them to hit!
Crypto's going through a dip currently, what is typical recovery time for these?
Crash is coming , be ready!
thank you Greg and great info thanks for posting
How much longer can they keep this up? That is clearly the question everyone has.
Upvoted...
@pocketechange
Thank you good sir. How is things today?
I'm good... I'm listening to a Video about a Ban on Cash coming our way... This way, we can keep our money in the Banks so they can steal it all...
@pocketechange
Bless the powers that be for coming up with a way to steal more of our money! Awesome
Greg I wrote a post on your last blog . I need some help . I've been a follower of yours for a while over half a decade . I really fall you're working in keen on what you know to share . I have never treated options .However I am a serious stocker of silver . I was hoping you could go over the basics of investing in options in a video . I've never wanted to cash in my silver to trade options . I have a pretty good idea of what I'm doing because I follow your blog every day . My friend woke up from his Zomba five states the other day and learn to walk and chew gum at the same time . Anyways we're going to go and do this options thing . I have the knowledge she has the cash. I know the basics like calls and puts . I know the difference between a strain going to straddle. Just don't know which is which . I don't know how much I'd have to invest to take up a hedging position but I know it's a good idea . I know to always take up a half position . However I'm still little confused because I've never done it . Lots of cash to be made . I know it's important to sign up for Greg's Twitter feed so you know exactly when he's going in and out of the trade . However I've never done so. How would you do this . We fully plan on giving to charity as we would've done so anyways. I know that's all thet Greg asks. If there's anybody who can help me out please comment on my post!!!
I post trades at my blog here at my blog and I can give you some help. The biggest mistake options traders make is to enter a trade at the wrong time because if you do that and the stoc you are buying/shorting via an options contract turns against you, you are not only dealing with a bad price entry, but now you are in trouble because of the "time premium" element of options trading. Go to my blog and read my entire take on SLV as I also entered a long position 1 day before Greg entered his. Because of today's drop and the fact that Greg bought a gapup move on Fri...the long side of his trade is in "dire" circumstances just because of the time premium being taken out of the trade today. Greg "should be" able to explain how he handled this morning's "rush" out of SLV n GLD. So far both positions are open with no new hedges listed. So I hope he will explain his reasoning.
https://www.traderschoice.net/money-page--stock-picks.html
Thank you so much for your response and your help . I hope to get a whole lot more !
I just noticed you sent me to a page with Greg's publications . The problem is I have literally bought a book off the shelf in the bookstore from him before . Never got it read . I'm a really bad realtor and more of an auditorium a learner . That's why I love Greg's video blog . I really like his steamit a blog because he keeps it short and simple .
I sent you that link because in most of the videos Greg posts he tells you to go to his web blog to see what he is 'actually" doing. He told me he closed out the short side of the SLV trade at least. But that isn't what his blog says he did as he has the trade still listed as a straddle. And then today with the big move down a "professional" trader would likely make adjustments or make commentary about any damage that was done on a move like that. There was definitely technical damage done early this morning on SLV. I outline it at my blog. But in accordance with my promise to Greg, I won't drag that commentary to his blog...in fear of gettting censored of course. You have the "right" to see an opposing view. Let's hope Greg remains "civil" going forward.
Get those downloads Gregory has I got them and they worked I am not a diehard trader yet like him but if you trade slowly and study all the charts you will eventually get them, like one day he did some weird calls (straddles) I did not understand but started to listen to him and read now I am ready to do these. He helps out a lot. Just take your time. Just what I did hope this helps
Well, since Greg admitted that he opted completely out of the SLV short side of the trade and I personally didn't see him mention that via the content of the actual blog or videos he posted, I'm sure many were "confused" about how he actually did handle it. Since you now have a decent understanding "perhaps" you can outline your next trade where you follow Greg. I'll add you to my followed list. I'll be anxious to learn what Greg is doing myself...even if one of his viewrs has to explain it becuz he won't.
Just follow his website I can not give financial advice but he does mention all the time to do your own research, I would not know how to respond to a question like this. I just watch and learn he has some downloads you can get and those helped me set up my account with Fidelity Investments platform he uses. I dont trade like a mad man I have just started so I take it in small steps at a time hope this helped.
The information I gave was taken directly from his website. It "clearly" states that each trade should be initiated as a straddle.
https://www.traderschoice.net/money-page--stock-picks.html
On Fri of last week at on a video Greg posted on Utube he replied to a follower that his SLV and GLD trades were in fact opened as straddles. Then, he changed that before the market even opened on Mon and said that the SLV position at least was opened only as a long position. No big deal as the stratergy itself is pretty much a gauranteed losing strategy and in fact Greg closed out the sell part of his trade with a complete loss of the $150 he traded..."if" he was the "actual" buyer of the 26 puts total that were purched at teh Sept expiry $14 strike. We'll see how the long side of the trade works out now but he is also down on that trade. These are not the type of mistakes "professional" traders make. I also played SLV and GDX to the long side only and closed out the SLV trade yesterday with a 40% gain in a short term trade...and a 75% gain in a trade that was set up to be a "hold" for a month. Mon morning changed my opinion after that big drop. Not Greg's though...apparently.
As of right now Greg is actually only down 10% on his long side of his SLV trade. He told me he exited the short side of the trade during our discussion over the weekend. Basically Greg's Sept expiry $14 call needs to see SLV to trade to $16 before Sept 15th basically. if a rally happens quickly he makes money. If it gets dragged out he loses more premium. My trade was a much shorter trade. So I am in a position where I can only "hope" for a rally to near $16...and it will likely have to happen this week since alot of premium was lost in the July weekly calls I went with.
Start with paper trade and see how it goes for you. Especially if you are new with trading. Expect you will lose most of your money at start. That's why it is better if you paper trade. (pretend to trade)
Also, if you are new, don't start with options. Start with the stocks. With stocks you only need to correct about the direction (will go up or down?) with options you need to also be correct about time. If you bet correctly with options, you get correct directions, but you get timing wrong, you will be able to say "I was right I knew it will go there..." but still lose money.
Lastly, options are leveraged. Stay away from leveraged securities until you start making consistent profit. Only then you are allowed to leverage up. Ignore this as beginner and you will just lose money quicker.
P.s.
Markets are rigged, you will be swimming with sharks and everything is set against you, don't forget that. Don't enter with the mind how much you can make, but how to prevent to lose too much. Just paper trade, have fun, research different strategies from the internet, play around, test them... with paper trades.
P.p.s
If someone offer you "service" to help you trading by selling you his/her service, often, this service is his/her main source of income, not trading, think about this
Makes me think of people who mix read for blue, and can't distinguish purple .