I have this feeling I'm typing to myself in this thread!
Below is a video stock market trader and analyst Greg Mannarino uploaded after learning of the Fed cut and introduction of QE5.
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I have this feeling I'm typing to myself in this thread!
Below is a video stock market trader and analyst Greg Mannarino uploaded after learning of the Fed cut and introduction of QE5.
That man looks incredibly unwell and malnourished. I don't think he's doing ok.Originally Posted by Organ Morgan.
Yeah, he's looking worse every week. He's been predicting what's unfolding for yonks but is stunned by how fast and furious it's occurring. He says should the stock markets not rise this week in response to last night's emergency measures then watch out, and he does appear genuinely worried by that prospect. We may very well bypass a recession to go straight into a depression.
I don't know much about this guy. What has he been predicting for yonks?
He's been predicting the popping of the 'everything bubble' (inflated and artificially high stock, property and other asset prices) that has been achieved by a decade of negative real interest rates (i.e. lower than the inflation rate) and massive expansion of government, corporate and household debt. He says they'll take interest rates into negative territory, meaning banks could charge people for storing their money, and create more and more debt to delay the day when it all collapses because it's impossible to solve an over indebted problem with yet more debt. The only way out would be massive and sustained economic growth but instead the world's going in the opposite direction with economies shutting down.
Why you talking to lardy? He was trying to besmirch your reputation in the main forum on Saturday. He's a very sly chappie
A very sly chappie who has "got inside your head" it appears.Why you talking to lardy? He was trying to besmirch your reputation in the main forum on Saturday. He's a very sly chappie
Ah so he's been predicting things to go wrong during one of the best stock market decades of the last 150 years.
Sounds reliable
Believe what you want. I've proferred my best advice to you in this thread. If you choose to dismiss it then that's your choice, business and concern. Frankly, it makes no odds to me should you end up in the gutter blaming everyone and everything else for your demise.Ah so he's been predicting things to go wrong during one of the best stock market decades of the last 150 years.
Sounds reliable
Organ played this card earlier in this thread. Obviously when you are far more knowledgeable and in the know than the medical, scientific and financial communities then a gold, silver and platinum metals trader could not possibly pull the wool over his eyes. I mean whats in it for Greg in trying to panic people with broadly the same message for a decade to get out of the stocks and bonds market and into the commodities he trades in?Ah so he's been predicting things to go wrong during one of the best stock market decades of the last 150 years.
Sounds reliable
https://www.silverdoctors.com/tag/gr...narino/page/2/
Europe is ****** according to Yanis.
I'm unsure about Lardy. I can't decide whether he's a suited and booted young professional who's going places, or a pizza delivery driver who isn't.
What do you think? No, don't answer as I think I can correctly guess your response.
A grumpy middle-aged civil servant, and part-time socialist
Wouldn't bet the farm on him being a civil servant but would lump on him being a desk jockey of some description.A grumpy middle-aged civil servant, and part-time socialist
European stock markets are bombing this morning; UK FTSE 100 is minus 6.3%, German DAX is down 7.7%.
To be fair, Yanis did say the EU was going to collapse, and they haven't got any more magic money.
Stock markets generally trend in the same direction as the US indices as everything financial is so interconnected.
Deutsche Bank, 'the world's most dangerous financial institution' said the IMF in 2015, it's share price is cratering right now to another all-time low. https://finance.yahoo.com/quote/DB/
Bitcoin is also getting stamped on today. A 14% decline.
Another 'holy feck!' day for, well everything including the perceived safe havens of gold and silver. Other commodities were smoked too as the crude oil price was shellacked for a 10% decline.
US stock markets that jumped 10% last Friday, lost on average 12.5% today. Emergency Federal Reserve measures enacted yesterday evening failed spectacularly. There'll be steam appearing from Greg Mannarino's ears later on.
Here's Greg!
To save Cyril and others 25 minutes viewing time... he says we ain't seen anything yet, three years of Trump stock market gains erased in the past three weeks, more and more freshly counterfeited debt currency units will be thrown at propping the Ponzi up, a too much debt problem cannot be rescued by adding more debt, the virus is being used as an excuse, bankers own everything including politicians and countries through their network of central banks, world government and tyranny is their goal.
I think he's been reading my posts here.
You are being suckered by a 32 degree Freemason, Org. This could get you chucked out of the South Glamorgan Illuminati Sports and Social Club I know but don't worry your secret is safe with me!Here's Greg!
To save Cyril and others 25 minutes viewing time... he says we ain't seen anything yet, three years of Trump stock market gains erased in the past three weeks, more and more freshly counterfeited debt currency units will be thrown at propping the Ponzi up, a too much debt problem cannot be rescued by adding more debt, the virus is being used as an excuse, bankers own everything including politicians and countries through their network of central banks, world government and tyranny is their goal.
I think he's been reading my posts here.
Yes, I did know he is one degree away from becoming the mafia equivalent of a made man. Naturally, when I became aware I viewed him with the gravest suspicion. I used to be chummy with a keen Mason at the local lodge who clocked out several years ago. "How old's your grandmother?" is one of the secrets he revealed. That query is one of a number asked to identify themselves as a 'fellow traveller.' He was a Thatcher lover and loathed Geoffrey Howe whom he insisted was definitely a 33rd-er and speculated he was ordered to become Brutus by the UK head honcho, the Duke of Kent.
So, how old is your grandmother?
Very predictably stocks are up across the board today after yesterday's hammering because the Federal Reserve and central banks of other countries, all of whom carry an enormous national debt, threw magic money or promised to throw magic money (i.e. more debt) at the crumbling economic and financial systems. The Yanks also pledged to give US citizens $1,000 apiece. Am not sure if it's per adult, household or full time worker. That's better known as helicopter money. As Mannarino correctly stated in the video a few posts above, we ain't seen anything yet. To bring in a new system, a digital money only one, then they must destroy the purchasing power of the US dollar to worthlessness. Once that occurs, because it's the world's reserve currency, then all other currencies will also go to nil because they're derivatives of something that has no value
It'll be those with the greatest percentage of their former wealth tied up in cash and private pension pots who'll be launching themselves from bridges and the sills of high windows.
Have you thought through your positioning on this yet?
Are you more worried about Option A, Old Morg never really had much credibility anyway but going all in on CoronaVirus spelling global economic doom didn't quite materialise so what does he do for an act now or is it,
Option B, Organ Morgan, the Sage of Sully. If only we had listened to him, alas he went down with the same ship he warned us all not to sail upon?
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