RE: 7/19/18. Post Market Wrap Up PLUS! It's OFFICIALLY A TRADE WAR. By Gregory Mannarino
Looks like a good time to dollar cost average into gold and silver. What is your view? President Trump states frequently that he does not want the U.S. to lose in the trading environment. He wants fair trade. My view fair trade is a winner for U.S. workers. Industry will have to give up some of their profits while U.S. workers get a fair deal. It has been more than 30 years that U.S. workers have been punished while industry profits. Industry is reluctant to share in the profits thus fostering a call for socialism among the poor and especially among the milenials. We don't need the failure of socialism but instead an ethical house cleaning of corporations and government. The U.S.'s moral compass has been off for too long. Industry and government have lost their ethical way these many years. Back to truth, justice and the American way is way overdue. I am praying and hoping that President Trump will eventually get rid of the foreign and bank owned Federal Reserve which has enslaved Americans for over 100 years. If Americans understood and knew what the Federal Reserve was about there would be a revolution (I am paraphrasing the words of Henry Ford who understood what the Fed was about). Maybe I am sounding a bit harsh but the depression of 2008 has ruined too many people and the stupidity of the Fed in the aftermath has made the economy worse. The question that keeps popping up in my mind, every time I think of the Fed, is did they make things worse on purpose or are they that stupid??? One could reason that they pushed up the stock market in order to cause a crash (coming soon at a stock market close to you) whereby they are able to clean up at least half the cash in the markets. Draining the proverbial swamp translates, partially, into firing the Fed, in my humble opinion. Greg ... keep up the good work...your one of the best! God bless you! You a man of, by and for the people. Ciao!