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Greg Hunter & Gregory Mannarino - Deutsche Bank Most “Systemically Dangerous” Financial Instruction In The World - Video

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By Greg Hunter’s USAWatchdog.com

The IMF calls Deutsche Bank (DB) the most “systemically dangerous” financial instruction in the world. So, when a major announcement about DB cutting stock trading around the world happens over the weekend, some think danger is popping up in the global financial sector again. Greg Mannarino, founder of TradersChoice.net, thinks this announcement could be a “trigger” for another financial calamity. Mannarino explains, “There is a breaking news story in regard to Deutsche Bank (DB) pulling out of their global equities, sales and trading. To me, in this environment right now, this is tremendous. . . . Why would any investment bank be pulling out of the global equity market . . . in an environment where every central bank and every single world leader is doing the same thing? They are calling for currency devaluation, calling for suppressed interest rates, price controls, and all of this is going to force cash into the markets. The fact that DB is saying hold on a minute, we are getting out, that should raise alarm bells. . . . Markets are at all-time record highs. You’ve got to put this together. Why would DB be doing this unless they believe we are at a top here. . . . Can you imagine the amount of trading that will be lost when DB says we are not going to be buying or selling global equities?   I am not saying the markets are going to sell off next week, but if people are not looking at this as a possible red flag, and I mean a big one, then they are missing the big picture here.”

Mannarino thinks the next market correction will be a big one, and the Fed stopped the last market freefall in 2008. Mannarino explains, “We do know that the Fed stepped in and stopped the last market meltdown at 6,000. Was that the bottom, was it Dow 3,000 or was it Dow 2,000? All we know is we get this environment where we get larger and larger swings here. Is DB telling us this is a market top? Maybe they are. I do know the greater the high, the greater the fall. I would not be surprised in a total market meltdown to drop below 6,000 (Dow). You don’t know where the real bottom is.”

Mannarino says the only thing you can count on in this economy is more debt being created. Mannarino says, “World central banks’ power exists in one thing, and that is their ability to issue debt. The more debt they issue, the stronger they become. So, they are loving this.”

Mannarino says the end game is simple, and that is “a gigantic wealth transfer effect. . . . The global central banks are going to create a massive, massive problem, and then they are going to offer a solution. It’s the same scenario over and over again.”

Mannarino says central banks are signaling “this is the time to buy gold and silver because they are telling you they are going to create debt and devalue global currencies.” Mannarino says, “Get out of their system and become your own central bank by getting hard assets like physical gold and silver.”

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

(To Donate to USAWatchdog.com Click Here)

After the Interview: 

All information and trading advice is totally free on TradersChoice.net.

Related Posts:

 https://usawatchdog.com/gigantic-wealth-transfer-coming-gregory-mannarino/



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