Why Gergory Mannarino is wrong about Donald Trump
I appreciate the work of Gregory Mannarino a lot and I learned a ton of him. Nevertheless I try to find also ambiguities on top dogs.
Gergory Mannarino told recently Trump is doing exactly the same like Obama. He is just a puppet of the elites. Trump is talking the stock market up. The economy is fantastic. The unemployment rate is the lowest. It's true, it's the same language but essentially it's completely different and I try to explain why. Trump is not a puppet, he has another intention and he has a plan. Obama didn't. In my opinion Trump has no other choice at the moment. If he would tell the truth there would be chaos. A couple of weeks ago I started to realize the Dollar will be the first who wins the race to the bottom. Before I thought the Euro will first go down. @stehaller had exactly the same enlightenment. Yesterday I had another enlightenment. So far I had no clue how this will play out. There are many triggers who could start the avalanche. Now I'm quite sure to know what the plan of Trump is. And this is giving me also a clue how the upheaval could start and how it could look like. Trump gets underestimated a lot in this sense. He knows exactly the bond problem. His goals are creating lots of jobs and prosperity and to keep the stock market up. His goal is not to have a strong Dollar. His goal is not to keep the bond bubble up. His goal is not to keep the housing-, student loan- and car loan bubble up. His goal is not to maintain the Petrodollar. I’m convinced he knows the Petrodollar is lost. The biggest problem for him is the bond bubble. He did a massive tax cut. He wants to spend money to build bridges, hospitals, the wall and infrastructure in general the same time. By doing that, the huge amount of printed dollars of the last years will start to circulate. The velocity of money will heat up. The Fed tried to create inflation the last years to deflate the debt down. But there was no inflation because the money didn’t circulate. Trump brings the optimism with tax cut and building infrastructure. Trump did an excellent job in Davos Switzerland. Big companies from all the world will invest billions in America. Trump is an excellent salesman. Steven Mnuchin is hopefully a good Treasury Secretary but he is definitively a very bad salesman. He told about “strong” to “stable” Dollar. I’m 100% convinced the “stable” Dollar thing is a direct order from Trump. But Trump never would say this publicly. As a great salesman he focuses the mass to the positive things. Jobs, jobs and jobs. So it’s clear to me, Trump does everything to bring the economy up. Tax cut, the same time spend a huge amount of money to stimulate the economy, bringing companies back to USA. For this he will sacrifice the Dollar. There is no way around. He will devaluate the Dollar as fast as possible to make the bond bubble disappear. The interest rate will spike to the high teens or even more. The bond bubble will burst, the housing bubble will burst, the student loan bubble will burst and the car loan bubble will burst. But the stock market bubble will just part-burst in nominal terms. In Dollar terms the stock market will skyrocketing. Trump wants a boom, and this boom will start the velocity of money and consequently will devalue the Dollar massively. This will start the doom in the boom. So we will have boom and doom the same time. The stock market will reflect this. Many companies will die, so this stocks will disappear but many companies will flourish so this stocks will go up and many companies will be created. Mass of people will lose their jobs but many new jobs will be created. There are 2 people who see the future exactly like this. One is Clif High and the other is Mark Taylor from usawatchdog.com. When I see now what Donald Trump is doing, I think this 2 guys are right. At least Trump would like it exactly to happen like this. He knows the bond- and housing bubble have to burst to prosper again. It’s difficult to believe a boom and doom the same time because it never happened in history like this. In Weimarer Republik there was first the doom for many years and then the boom. But this time we have 2 things who are different. The first is Donald Trump. If there is one person on this planet who could achieve this, it is Donald Trump. The second thing is the Cryptospace. This time people can deal and trade among themselves with Cryptos. They won’t be lost. Never in history this was possible. I think Mark Taylor is right, we are on the precipice and Donald Trump will throw the stone to the bond bubble the coming months. If the debt is away there could grow a very strong economy and consequently the new Dollar will be very strong. As Greg Mannarino is telling, be your own central bank, bet against the debt, buy gold and silver and some Crypto’s. And as Greg Hunter use to tell, fear not, prepare yourself mentally, physically, above all spiritually, fear not, god the father and the son Jesus Christ are firmly in control.
Tell me your opinion about the aims of Trump.