Profile image
By John Rolls (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Financial Zombies Cannot See Massive Inflation Coming – Greg Hunter, Gregory Mannarino Video

Saturday, September 9, 2017 22:28
% of readers think this story is Fact. Add your two cents.

(Before It's News)

By Greg Hunter’s USAWatchdog.com

Analyst/trader Gregory Mannarino thinks the public has a huge false sense of security about the financial markets. Mannarino explains, “The general public is zombiefied. . . . What the Federal Reserve is determined to do is kill the dollar.  We might get a bounce here or there, but that downward trajectory that started in December is going to continue and has no end in sight. We know this because the Fed has said it is going to do whatever it takes to create inflation.  The Federal Reserve thinks that making things more expensive and sucking the value out of the dollar means you are going to be better off.  Right there you can see there is some kind of twisted mentality going on.”

Mannarino goes on to say, “What the Fed is not telling you . . . is the economy is dead in the water. The cash is not moving through the system.  So, they can print or add digits to a screen from here to oblivion and not get inflation if the cash isn’t moving.  That’s why we are not seeing massive inflation – yet.  There is going to be a moment when all these extra bills start chasing all these extra goods.  What’s going to prompt that to happen is the bond market action.  Right now, cash is moving back into the perceived safety of debt.  The U.S. 10-year yield is plunging.  This is positive to the stock market for now.”

On gold, Mannarino says, “Gold has just hit a high for the year, and that is also a trajectory that will continue. Why will this keep going?  Let’s go back to the dollar.  Investors don’t want anything to do with the dollar.  They are dumping their dollars here.  We are going to get, at some point, a massive sell-off in the bond market.  Don’t listen to Gregory Mannarino on this.  Listen to former Fed Head Alan Greenspan.  This is what he says, and he thinks the bond market is in a bubble. . . . Greenspan also said the potential for a rapid sell-off in the bond market is very, very high,”

Mannarino contends a rapid sell-off in bonds “will be very good for gold.” Mannarino also likes physical silver and thinks, “It’s still the most under-valued asset on the planet.”

Join Greg Hunter as he goes One-on-One with Gregory Mannarino, founder of TradersChoice.net.

(To Donate to USAWatchdog.com Click Here)

After the Interview:

There is free information, stock picks and videos on TradersChoice.net.

Related Posts:

https://usawatchdog.com/financial-zombies-cannot-see-massive-inflation-coming-gregory-mannarino/ 


Greg Hunter

Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.

 

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.