(VIDEO) The Dollar Meltdown Continues: THIS Is What You Must Do NOW! By Gregory Mannarino

3 days ago
62 in money

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In the video below, I cover what is going on right now with regard to the US dollar (it ain't pretty).
I also outline how crude oil is being used, again right under our noses, to manipulate the equities market.
I also address how we need to "rip the face off" of this stock market, and how to do it.
Much more!

Gregory Mannarino
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44
  ·  3 days ago

Greg, I know a lot of people that need to call there doctor. I have a very hard time getting people to understand silver and gold. I now try to get them to understand bitcoin and they literally look at me like i am crazy. Bitcoin has diffently turned into a safe move. Thanks for the video. Have a great weekend.

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27
  ·  3 days ago

I have talk to everybody and everybody look at me crazy talk about silver and gold and i just feel sorry for them that their brain is not capable to grasp a simple concept that gold and silver had being money for thousands of years and there purchasing power is maintain or increase in times to turmoil instead currency are nothing but toilet paper.

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44
  ·  3 days ago

Not everyone is so easly convinced, especially when paper money is all that they have ever known. Trust me its a struggle to get people to understand. When you do finally get them convinced, there all in. Keep stacking my friend

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37
  ·  3 days ago

Absolutely..

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31
  ·  3 days ago

I have been talking to several good friends over the past few years about silver & gold as Greg says "become your own central banker" but have stopped because if the system goes belly up they will be coming to me looking for real money. I talk to them now about crypto currencies instead, they don't understand them (even younger people) and won't even think to come to me for my bitcoin etc.

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27
  ·  3 days ago

that's truth but i guess one of the reason they stop showing history in school is because all it talks about money wise was silver and gold till 1900 them paper took over and people started to decline by accepting paper as money and people forgot the real qualities of money PORTABLE, DIVISIBLE, DURABLE, FUNGIBLE

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44
  ·  3 days ago

Your next step is to tell your friends about Pocket Change... That's right, Common Coinage... Feel free to read my Blogs on the Subject matter... @pocketechange

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32
  ·  3 days ago

Mike Maloney is the man! Hidden secrects of money episodes really opened my eyes

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44
  ·  3 days ago

Thanks... I'm also a fan of Mike Maloney... @pocketechange

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44
  ·  3 days ago

Pocketechange if i could give you 100 up votes i would for being so persistent.

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44
  ·  3 days ago

Thanks @raybrockman ... It's not easy getting through to some people... I can only imagine a lot of people kicking themselves for not taking me seriously... Thanks again... @pocketechange

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7
  ·  2 days ago

The dollar will begin its 18 year cycle with a 9 year downturn period to the eurocurrencies as it always has done. This will probably be very bullish for precious metals.

Check out this post for more on the cycles of weakening US dollar and the current state of the dollar.

https://steemit.com/dollar/@sjovmaiin/the-coming-fall-of-the-us-dollar

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44
  ·  3 days ago

The next thing to get your friends to understand is Pocket Change... Feel free to go to my Blogs and read the ones pertaining to Common Coinage... @pocketechange

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32
  ·  3 days ago

Oh I know the struggle about convincing friends and family about the metals. However I am proud to say that I have somehow managed convinced several of them!

!

64
  ·  3 days ago

Congratulations @marketreport!
Your post was mentioned in my hit parade in the following category:

  • Comments - Ranked 6 with 110 comments
30
  ·  3 days ago

Hello Greg, I have been apart of steemit for a few days and I put my currency analysis on steemit from now on. My user name is keela. Can I just say we do need to be prepared for the reset that is suppose to be comming, but we still need to have currency for our daily transaction. Nobody in my social circle is going shopping and is blaming high shopping cost on the devaluation on the currency but are just saying,"prices are going up" the government do not want them to have the true education.

25
  ·  3 days ago

Your fleece position routine adds a lot to the entertainment value, I'll re-post to help you become the #1 investment truther!

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62
  ·  3 days ago

Thank you!

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41
  ·  3 days ago

Careful, the truth hurts and marksmen don't like the truth.

36
  ·  3 days ago


DXY just broke below its 100 day moving average. We do have fibonacci support around 96.7 or so, but if that also breaks there is nothing but air until the 91 level. No trend line in sight to give support until 88 or so. So watch if it goes below 96.5 or so!

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33
  ·  3 days ago

Dollar is extreme oversold - moreover, hard breaking resistance for euro index is about 90.50 (now euro index represents 90.32). So we are near bottom for USD Index - something between 96.50 - 97.00.

25
  ·  3 days ago

Greg, I would go a step further as you have alluded to earlier. This might be the leading edge of societal breakdown. For those who agree, I would recommend stocking medications. 90% of all antibiotics are manufactured in China. It would take a very long time for US Pharma to tool up, not even considerating supply chain issues.

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25
  ·  3 days ago

These times turn the concept of currency, money, value, success on it's head. It is said that one of the scariest things to behold is a hungry person. The average American meal travels 1500 miles to table. Supply chain disruptions are unforgiving. Reminiscent of Greg's repeated warnings to us that the lives of our families are at risk when the markets return to fair value. Thanks for your genuine support, Greg.

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62
  ·  3 days ago

Always a good idea to be ready for anything.

44
  ·  3 days ago

You're so right about getting out of the Fiat Dollar... Check out my Blogs on the topic... @pocketechange

42
  ·  3 days ago

Thank you for all the time you put in for us out here.

45
  ·  3 days ago

I agree. The dollar has lost it purchasing power for decades. What are your thoughts of putting those worthless dollars into food, water and every day supplies as in stockpiling???

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33
  ·  3 days ago

I would definitely do it; there are lots of sites that say we could get into a serious scenario if someone attacks the grid and gas can't be pumped, and the factory that makes your bread and bottles your milk can't operate, and nothing gets out to the stores. Better to have it and not need it, than need it and not have it. And don't advertise to anyone that you have it. I have a small camp stove and bottles of propane if needed. Have enough water for brushing your teeth, and look up online how to take a full bath with less than a gallon of water. If you can, do a rainwater cachement for water to wash clothes and flush the potty. make sure you have tp, paper goods and disposable eating ware

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42
  ·  3 days ago

Definitely need to be prepared or at least have a community to source things you need.

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45
  ·  3 days ago

People are our best resource and only cost the time you put into them. Thanks.

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33
  ·  13 hours ago

friends are essential, especially ones who won't mind stockpiling for you, or sharing their last morsel of food

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45
  ·  9 hours ago

We once had close communities. Folks would be friendly to each other and help each other whether that be borrowing a cup of sugar or fixing a car. Today we stay in our homes and get on our tablets and laptops and televisions. We need to rebuild communities again and be very tight as a group. Thanks for sharing. So agree. Blessings. Troy

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45
  ·  3 days ago

That is what I thought too. Supplies are as much if not more important than cryptocurrency and metals. I figure what is on sale today may not be on sale or even available tomorrow. Our grand parents and their parents would stock pile for a rainy day. Well I think that rainy day is fast approaching. FIFO over a 3 plus year period. Works for me. Thanks.

33
  ·  3 days ago

Been following you on Youtube for years. Appreciate what you do!

Follow me and I'll follow you.

44
  ·  3 days ago

it is a shame the lame main stream media does not report the truth like you do

43
  ·  3 days ago

UpVoted... Have a Good Weekend Greg !!

     ~~~ STEEM On !!! ~~~
46
  ·  3 days ago

Congrats on your gains Greg. Well deserved. https://steemit.com/@readallaboutit

50
  ·  3 days ago

upvoted and reesteemed.

50
  ·  3 days ago

Have yourself a well deserved break by the pool man :-)

42
  ·  3 days ago

Yea, lets expose The wizard of Oz and his/their dirty tricks!

32
  ·  3 days ago

Why gold and silver are down? http://goldprice.org

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33
  ·  3 days ago

Now stocks, gold an silver are rising, but in next week all of these will fall when dollar will go up. Something like this has happening in Venezuela (but much bigger scale) - when currency is falling in faster mode, when almost all assets is rising. But when this currency will go up, then almost assets will fall.

27
  ·  3 days ago

@marketreport Greg, this should be your new slogan:"Call your Doctor!". HAHAHAHA

43
  ·  3 days ago

Bitcoin at $2000.00 today?

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42
  ·  3 days ago

A comment I posted (on one of Greg's earlier posts I believe) shows how I thought it would hit 2,000 and maybe even $2,500 soon... based on fundamentals... technicals show a 2,000 resistance... in my opinion.

38
  ·  3 days ago

Bitcoin above 2200 USD on BTER.COM

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42
  ·  3 days ago

I bet the Indian and Korean exchanges are also higher in USD equivalents.

66
  ·  3 days ago

I wanna be a lion...roar!

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62
  ·  3 days ago

You are a Lion.

25
  ·  3 days ago

Your videos of late are the best summaries of whats happening I have seen. My strategies are following your advice. And your humour thrown in is great. I follow every video of yours and I have just joined steemit. Keep it up! Cheers!

67
  ·  3 days ago

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33
  ·  3 days ago

Situation of dollar nowaday ;-)

25
  ·  3 days ago

On Steemit and following!

25
  ·  3 days ago

Figuring this out, Is steemit going to replace youtube, which has been overstepping ?

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68
  ·  3 days ago

It's a project that's been spoken about a lot over the last year, Steemq

42
  ·  3 days ago

HI Greg , Thank you for keeping us posted

43
  ·  3 days ago

Fantastic, as usual. You have always had the backs of us, your viewers. Don't think we don't know it and appreciate it. Have a great weekend!

32
  ·  3 days ago

pm's rising a bit. but not really in euro, the dollar is diving so deep. calling dr. slv...

44
  ·  3 days ago

Hey Greg, I'm not sure I understand what you mean by becoming your own central bank, since we can't print money. I know you recommend buying and holding precious metals, which I'm doing with whatever is left from my paycheck. Same for crypto-currencies. is that all you mean by becoming your own central bank, or is there something else you do?

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38
  ·  3 days ago

Sounds like you are your own central bank already. Nice job.

41
  ·  3 days ago

thanks Greg.. you are doing a free service. You should do E-toro as I am not a trader and never was. I'd just shadow your account as you seem t have a the brains to navigate this market.

25
  ·  2 days ago

What choice to the middle classers have though. Worthless or not they will always hold cash

25
  ·  3 days ago

Thanks for your work Greg. The US dollar has been overvalued for about 3-4 years now, and it looks like it's under pressure, we should look for further declines in the dollar index. Be careful to identify support areas as the bounces could be strong due to recent strength.

Check out my post on the dollar index and the euro.

Thanks.

33
  ·  3 days ago

My hair is so messy now Greg. Half combed hair is no good.

41
  ·  3 days ago

Why is the dollar still strong? When will it really melt? iv been hearing this since past 3 years... :( i guess till the bitcoin dosent reach 10000$, the dollar wont collapse. Also how will the bitcoins be valued?

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33
  ·  3 days ago

I think that you find anwer about dollar in "When money dies" by Adam Fergusson

25
  ·  3 days ago

Greg Thank You for the inf !

39
  ·  3 days ago

Greg, your video was so good, I paused it, got an Exodus Bitcoin wallet, and bought some bitcoin, and then came back to listen to the rest of the video.

You really do know how to kick somebody up the ass to get them active. You are the man!

25
  ·  3 days ago

Great job Greg, always on point. Keep it up =]

34
  ·  3 days ago

As fiat currency struggles, cryptocurrency will only get stronger in my opinion.

25
  ·  3 days ago

Hope you're still buying silver, Greg! :)

25
  ·  3 days ago

Greg: I finally got in! I am so thankful of your sharing of wonderful information about steemit!!!

26
  ·  3 days ago

greg I am not clear where to put dollars. You said not to buy real estate now. I do own gold and silver.

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25
  ·  3 days ago

Open an account on Coinbase.com and Buy some Bitcoin BTC. Do it today.

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33
  ·  3 days ago

Cryptocurrencies are interesting option nowadays.

40
  ·  3 days ago

Hello Greg, the fleecing continues...
We need to stop OPEC and the manipulation.
Paintings selling for $40,000 ten years ago now selling for $100million?
If that's not proof the dollar has lost value then nothing will

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42
  ·  3 days ago

My thoughts are why not circumvent OPEC all together?

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40
  ·  2 days ago

agreed, take out the manipulators

46
  ·  3 days ago

There is so many people with only 1 functioning brain cell out there. And they I fear will pay the price when this whole thing comes crumbling down. Keep up the great work! Thanks
@digestingreality

25
  ·  3 days ago

Great video Greg !!!! Some people still don't get it yet !!!!

33
  ·  3 days ago
  1. At what level do u expect the dollar to bounce?It has declined a lot.
  2. Why doesn't PMs respond proportionately to the dollar's fall? It is rather disappointing.
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33
  ·  3 days ago

Because it is a rigged system

39
  ·  3 days ago

Greg, none of us can comb our hair as well as you do. That slick, gangsta' look is far too impressive!

25
  ·  3 days ago

Have a great Weekend Gerg

28
  ·  3 days ago

Thanks greg. We need a lot more to pay attention.👍

44
  ·  3 days ago

Good few weeks for the Euro.

42
  ·  3 days ago

What do you think of the junk bond market at the current moment?

25
  ·  3 days ago

I think crude oil will go out the window in the near future. Probably under $70 but in the short term they have been slugging people everytime an OPEC meeting takes place. They smash the prices down heavily and then a buying spree takes off. It's a load of BS coz I lost big money due to this reason even when I knew oil will go up. It's shambles!

25
  ·  3 days ago

not combing just picking

25
  ·  3 days ago

I at least want to be kissed before I get fleeced.

30
  ·  3 days ago

Guys, don't forget to up vote the comment section also, and follow each other

25
  ·  3 days ago

Greg, I would go a step further as you have alluded to earlier. This might be the leading edge of societal breakdown. For those who agree, I would recommend stocking medications. 90% of all antibiotics are manufactured in China. It would take a very long time for US Pharma to tool up, not even considerating supply chain issues.

30
  ·  3 days ago

Greg, BTW my new after market close occupation = upvoting your posts and following and upvoting all the commenters

38
  ·  3 days ago

So Greg, I am thinking you don't want us to hold fiat currency, if I read between the lines here? 😁 Greg again is not just blowing Steemit up our butts. Hope to see Saturday Greg back here.

36
  ·  3 days ago

This was hilarious! Enjoy time by the pool!

25
  ·  3 days ago

Greg you're the man

25
  ·  3 days ago

Great update on the market. Still figuring out how to upvote & share, etc.

46
  ·  3 days ago

It has been an interesting week thus far. The DOW is currently up around 165 points as the talking heads babble on..............

44
  ·  3 days ago

You should trade mark the term "Become Your Own Central Bank" and market it on all your posts.

41
  ·  3 days ago

Greg, I bet 10 STEEM, that you can't bear one weekend without telling and teaching your loyal followers how crazy the world has become. You know exactly that passion must be shared! Looking forward to win!!! Great show and your profile is "Godfather"- alike.

25
  ·  3 days ago

Interesting about the $ , it seems that surely it is heading down.

30
  ·  3 days ago

If bitcoin etc has a safe haven bid then I imagine it would draw some potential investment from the metals...yes? ...no?. But if bitcoin has become an exponentialy expanding safe harbor would that not render metals suppression pointless???
Thanks Greg

25
  ·  3 days ago

I start switching to steemit after following you for year in youtube. Great job!

33
  ·  3 days ago

Warning! We should closely observe US dollar, because it's no more in peg with stocks - so dollar was pro-hossa currency and now is pro-bessa currency. We can see this at charts for stocks, commodities, UST yields - all of these are rising!. Moreover, ratio Nikkei/S&P500 have reversed its curve and are no more in peg with USD/JPY - it confirms that when dollar will rise, then stocks, commodities, PMs will plunge (and bonds will rise). So when it happend? Correction for dollar statisticly last 2 - 4 weeks - it depends from plunge momentum. And now dollar is extreme oversold and its next hard-breaking support level is 96,10 - 96,50! The fall of dollar has started 11th May, so in next week for 99% dollar will rise - in my opinion it may be happen between Monday and Wednesday.

25
  ·  3 days ago

Greg, keep up the good work. I just joined Steemit; I have been following you for years and I'm pumped that you are now on Steemit.

33
  ·  3 days ago

Hi Greg, long time watcher. I'm in Australia. Is holding cash more of a US concern at the moment? I exited the stock market and I'm holding cash to pay for a house renovation soon..

66
  ·  3 days ago

This post has been ranked within the top 10 most undervalued posts in the second half of May 19. We estimate that this post is undervalued by $39.16 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: May 19 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.

25
  ·  3 days ago

I think they just love being fleeced. LOL

46
  ·  3 days ago

Great advice as always, Greg! Thanks for bringing me to Steemit!
Can someone please resteem my first posting that I wrote about finance. It is frustrating that it is not going anywhere. I would appreciate it. Thanks! https://steemit.com/life/@jdawg/advice-to-my-younger-self

34
  ·  3 days ago

Thanks Greg. Have a great weekend!

31
  ·  3 days ago

Great video blog as usual Greg. I was most amused by the witnessing of you being a bit more animated than other posts. Not that you don't regularly have fun with your audience while you are educating them daily. I believe this is what helps folks learn the lessons. Thanks again for all that you do for your readers. I routinely look forward to your updates. Enjoy your weekend!

25
  ·  3 days ago

Thanks Greg, I wonder when the herd will turn to the precious metal... The cryptos already shining the light on the sick USD and all other fiat...

45
  ·  3 days ago

Resteemed sir.

25
  ·  3 days ago

I have been watching you for some time now and your choices you have made have been out standing . I'm in to HVAC/R and us to waste my money on sense watching you I got into long term goals like you said silver. An I would like to get into the stocks but don't have the time and I don't trust other people with my money you know the firms and the laws that back them. I just want to say you are great at your job and make some great choice. I'll keep following you to keep learning. Have a great weekend and keep up the great work.

57
  ·  3 days ago

I invest in gold, silver, mining stocks and cryptocurrencies. I cannot decide where I should put more of my money in to be protected from all of this.

25
  ·  3 days ago

Greg, this is the first time I watched one of your videos because I just barely found you here online. Thank you for the warning and advice! Do take some time out this weekend to grab some sun and relaxation. It will do us all some good in the long run. Have a great weekend!

27
  ·  2 days ago

Greg, Your newest stock picks on Tradershoice.net do not specify if you are buying a Put or Call.

25
  ·  2 days ago

Just what the pres wanted

46
  ·  3 days ago

Greg I don't comb my hair? I just had to say it!

41
  ·  2 days ago

Greg, this is great stuff! Resteemed! I follow your advice to the tee. Keep it up.

38
  ·  2 days ago

Thanks Greg for leading me to STEEMIT! What a great concept and forum. Still trying to get a handle on cryptocurrencies, but diving in!