Fed Hell-Bent On Hyper-Inflating Stock Market-Gregory Mannarino
Greg Hunter’s USAWatchdog.com
Analyst-trader Gregory Mannarino says, “The Fed is the sole driver for the market at this time. They’ve caused an absolute and disconnect in the economy and the market. When that happens, you know you have a bubble. . . . The Federal Reserve is hell-bent on hyper-inflating the stock market at the expense of the U.S. dollar.” Mannarino predicts, “I believe the market will be higher at the end of the year than it is now. Why? Because they’re going to hammer the dollar and hammer metals too.” Mannarino goes on to say, “They do not want us to believe that gold and silver are real money. They want you to believe that pieces of paper with 100 on them are real, and they can’t have people in real assets.” Mannarino says the wealthy of the world are not being scared off by the Fed’s price manipulation in the metals markets. He claims, “Anyone who has their eyes open here understands the demand for these metals has never been higher by the richest people in the world. . . . You’re going to see gold, silver and crude spike to highs people are not going to believe.” As far as the not-so-rich, Mannarino simply says, “. . . They’re being led to the slaughter.” Join Greg Hunter as he goes One-on-One with Gregory Mannarino of TradersChoice.net.
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About the Author
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.
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Greg ( & Greg),
Nothing is easier for the Central planners than leading the masses to slaughter than it is to create a fictitious Equity rally. Pushing the economic benefits of the continued growth of Corporates in the Western World, through asset acquisition to achieve dominance in social and economic affairs, doesn’t correctly align with Economic Laws. It is not based on sound financial paradigms. Just like the monetary system that helps drive it.
The agenda is to ensure “they” retain power and control even where there exists chaos. CHAOS is a planned certainty. Exponential growth in Equities cannot continue ad infinitum. I believe the elite know that and will use the short term to drain as much as they can out of the system so that when the house crumbles, they have the assets (lock stock and barrel) and the serfs, exactly where they want them.
The Game continues. Here we are all taking part in their little social/economic experiment. The World has to keep growing, along with the growth in Debt and Resources demand and in the people that support and consume it. Trouble comes when it cannot “grow” or be consumed to the desired levels anymore. We face a dilemma in the not too distant future where we will learn to accept and adjust to the fete that befalls us OR fight an unwinnable battle. Remember the “House” never loses. The system is designed that way.
Liquid Motion,
“The agenda is to ensure “they” retain power and control even where there exists chaos. CHAOS is a planned certainty.” I agree 100% with your analysis. Thank you for posting it here!
Greg
‘Liquid Motion’,
Do not sell the Black Swans short. They are rare, true; yet history is occasionally punctuated by them.
http://www.americaagainnow.com/let_us_end_this_nightmare
DM Zuniga
Founder, AmericaAgain!
DMZ,
I never do. But waiting in hope for that event is not a good use of my resources.
Either way we still suffer.
I work on the principle that they will not permit social disorder to prevail. That means they will push this scheme to its finality. They will cause extreme chaos across all markets..this I am unwavering in my beliefs.
The Greg, and Greg show is always a interesting take. So, as I see it no other currency can compete with the dollar. When war happens oil, gold, and silver will rise to its proper place.
The other trigger could be a planned take over by the governing elites. Like a Rothschild plan. Either way metal will not be called cash for clunkers ever again. Now is the time to have copper, and silver. When people have more dollars the price of material’s they buy increase.
No one knows the future, but we all know metals don’t disappear as quickly as the paper dollar.
I disagree with the (stock prediction).Rising stocks at the end of the year. There are to many things happening at the same time for the machine to follow a constant path. When uncle Ben leaves office things will change fast.
Who knows what was said in secret at the Bilderberg meetings ?
Enjoyed the Greg,and Greg show.
JC,
The “Gregs” thank you!
Greg
I pulled this from Drudge.com
There are so many factors at play that will cause the stocks to fall this year.
http://www.france24.com/en/20130610-iran-eyes-30-nuclear-bombs-year-israel-minister
J C
Totally agree with you.Stocks are already back up at 20 times and although bonds have pulled back a bit,there still high.It’s gonna be interesting to see where money moves to for returns.You mentioned a black swan in the middle east.Keep an eye on the bond market.There’s a ton of money sloshing around and it’s very fragile…..imo
Dave
Great interview Greg. Gregory Mannarino is one of my favorite guest on your site. I agree with most of Greg’s points except one. I do not believe the Stock market will continue tracking upward until the end of 2013. There are just to many factors weighing in to make that prediction. The bottom line is, the day the Feds stop printing money its game over. Last week uncle Ben only hinted about cutting back on printing, and the market fell 200 points. What does that tell you about the “real market”? The old line “just follow the money” is true. Most of the people I know that have wealth have already moved their assets elsewhere. The big money players are on the sideline, waiting to see what happens. Like one of your other guest said, what we have is a “Bull ____” Market that simply is not real. I’m afraid most people are living in a delusional world right now, choosing to either ignore the facts, or pretend that things are getting better. This stagnant economy we’re living in, is like putting lipstick and a dress on a pig. It looks pretty for awhile, but at the end of the day its still a pig. Thanks Greg for giving is the REAL NEWS!
Thank you Jerry, Dave, Larry and Mitch for your comments and support.
Greg
Hi Greg
Here’s a switch .Greenspan says we are in a pickle barrel and Japan too.He says the Fed needs to pull back now.These are 2 video’s on the same page so don’t miss the 2nd one.Also,Greenspan mimic’s what Gregory
says about the bond market.Check it out Greg!!
Thanks again Greg..WTG mate
Dave
http://www.cnbc.com/id/100798203
Thanks Greg and Greg…… FED trying to re-inflate the bubble….. like I have been saying since 2008. The FED will fail. You can not get around the math. The only good news might be that the NSA has all of the FED emails and phone calls….
Greg, as usual, Gregory is spot on. If people were only capable of rethinking what is true money and how do you protect your assets and families future. Being a contrarian in an unreal world requires you to live separate from your friends and some family members as the facing of reality is more that average people can accept. I* have many friends who I enjoy their company but few if any friends who want to discuss gold and silver. When it fianlly hits I will not want to talk about gold with them.
Greg: In re Greg’s comments on gold. The key issue, or reality, facing the bullion banksters and the FED price manipulators is that, for the next decade, supply issues in all PMs are going to be problematic. As Greg infers, the future pipeline for global gold and silver is going to be far less than it is today, due to the shelving of mining projects and the almost 100% decline in drilling and exploration activities. Some estimate that, at current prices, 100s of miners, both junior and even major, will be bankrupt within 2 years. In addition, compared to only a decade ago, the decrease in ore grades mined now requires 3X the amount of earth to be removed to achieve the same ounce. It only gets worse. No mega discoveries have been found in the last five years. Many prominent geologists have postulated that we are well past both “peak gold” and “peak silver”. Meanwhile, the demand from the uber rich and even the common folk in the Mid East and Asia is escalating at a rapid pace. Rock: meet hard place.
Greg:
Keep up the great work. History would show there really is not a direct correlation of equity price movements to dollar price movements. For example, the USD spot index was 78.50 in September 1992 and the Dow Jones Industrial Average was around 3250. The USD spot index peaked at 120.50 in January 2002 and the Dow Jones Industrial Average was roughly 10,300 so they both rose in tandem. The reality about the meteoric rise in the stock market in the last great bull market (and the current cyclical bull market)that ended in 2000 was the fact it was fueled by the massive creation of debt / credit. You might be surprise (maybe not) that the growth in total market debt since 1990 or so is about the same as the increase in the equity markets, hmm….
I read an article today by SRSrocco…he writes for zerohedge…saying that billionaires are quietly dumping American stocks. Warren Buffet has sold 19 million shares of J&J and his entire stake in Intel. John Paulson dumped 14 million shares of JP Morgan Chase, also Family Dollar and Sara Lee. Soros just sold all of his bank shares (over a million), he’s now in miners. Sounds to me they are expecting stocks to go down, not up. Or are they just trying to trick us??
Alyce,
I think they are putting their money to the place they can get the most return and not take any losses. What is going on with the global economy is big, enormous, and historic.
Greg
Thanks for what you’re doing for us here, Greg. It’s important. And I, for one, would buy one of those “Greg Hunter” T-shirts.
Thank you Arthur.
Greg
This is going to be musical chairs if you are in the stock market. If you are a little guy (or gal) like most of us, there is going to be no chair (or money) for you
Greg, I read that China no longer has to go thru the primary dealers to buy T Bills, wonder this means? It has not been spoke of in the MSM, strange things going on at the treasury, if this report is true!
As far as the NSA both parties knew all about what the NSA was doing, if they say they did not they are full of crap as always! Who allotted the funds? Congress or the ESF or both?
The Fed can’t buy anymore MBS’s or toxic mortgages. Why ? Bc there isn’t enough left that has even a remote chance of being packaged in the amounts needed for the Fed. Also, when Greenspan talks about stop the tapering, that’s code for anyone listening, that QE is all but done. At least QE as we’ve known it. They wont however, stop targeting the US equities market, and do everything possible to keep it from dropping more than 20%.
Interest rates are now rising, which is hugely problematic for the FED and the government. Mortgage rates are forecast to be over 5% by year end. That in of itself will spur some headlines that look promising on the home sale front, bc many have been sitting on the sidelines, ironically, because of these absurdly low rates. As soon as people see something being taken away from them, THEN they begin to act. So as rates begin trending up in earnest, the frogs will do nothing while the water keeps getting hotter (rates rising). But since people aren’t completely frogs, then they’ll begin to panic and look at trying to lock in rates on homes, and thats when home prices will really start rising. Again, that part of the economy will look good. But its China, who rely’s on our purchases at Walmart, thats going to take the rest of the developed world down with it, and as well our economy. US corp Profits have peaked for this cycle, as have revenues, and so from here on out, PE’s get even uglier. Profit Misses will be a regular occurrence from now, until through at least 2014. Divergences are nasty things, and the DR copper one, is most nasty.
There is enough daily scandal going on with Obama to make a pretty good case that the headlines are all on purpose, and designed to take our eye off the proverbial ball with respect to the economy. The real news in the leaks has yet to come out, as there is info that will lead to such insights like the government knows there is a 20% plus unemployment rate, and that foodstamp issuance is well north of 50 million, not the reported 47.
The intelligence and spy agency leaks are designed in my opinion to obfuscate the worst leak, and thats the financial scandals/criminality and financial leaks (more like busted dams and levies) in the US economy.
Greg,
Having forgotten that we are men who have a divine responsibility to protect the lives, properties and rights of ourselves and those of others, we scramble along as wounded lemmings and submit to being herded over a cliff by self serving degenerates who reap material profit from our injuries, and we call these “the elite”.
At its root, our problem is a spiritual one. On the economic level, where your site is primarily focused, it is playing itself out according to a script described perfectly a few of centuries ago by a man who today would be labeled a terrorist and an enemy of the State…
“The modern theory of the perpetuation of debt has drenched the earth with blood, and crushes its inhabitants under burdens ever accumulating. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks. . . will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. . . the issuing power should be taken from the banks, and restored to the people, to whom it properly belongs.” – Thomas Jefferson
I think that things will eventually change for the better. Once we are pushed so far down the scale of human dignity that the only place left to look is up. Then we will begin to understand again that we were not created to be enslaved but to love justice and liberty and thereby to be free.
Frosty,
Well said.
Greg
HEY GREG & GREG,I’LL TRY TO MAKE THIS SHORT,WHICH BANKS ARE THE ONES THAT HAVE ALL THE COMEX SHORT FUTURE CONTRACTS?JP MORGAN IS ONE, THEY ARE ALSO CONNECTED TO THE MANNIPULATION IN THE PRICE OF GOLD/SILVERTHOSE CONTRACTS HAVE A PRICE /VALUE AND IT SEEMS LOWER THAN THE PRICE OF THE METALS RIGHT NOW.SO THE PRICE WILL GO FURTHER DOWN, WHICH SEEMS TOBE EXPECTED?THEY HAVE TO GO LOWER TO GET OUT OF THERE CONTRACTS,OR THEY WILL LOSSE A LOT OF MONEY.THE COURTS ALSO HAVE TO RECONGNIZE THE COMEX PRICE IN ORDER FOR THEM TO ESCAPE THOSE CONTRACTS, IF WE START TALKING UP ABOUT THE CORRUPT MANNIPULATION OF THE METALS PRICES IT MAY BE HARDE TO GET THE COURTS TO OK THE PRICE ALTHOUGH JP MORGAN SEEMS TO GET WHAT THEY WANT ALWAYS, FORCE MAJEURE,NEED TO START TALKING ABOUT THIS,NEED TO UNDERSTAND IT ALSO,DOUGLAS ADAMS
Hey Greg I saw in the Pew Study that most Americans are O.K. being spied upon by our government. This sends chills up my back how about you? I guess we won’t have to worry about a foreign government invading our country and taking our freedom away. These idiots will hand it over willingly to anyone. As I have been discussing with some of my friends, this economic collapse that is coming is not only going to reset our current economic system that is out of whack, it is needed to restore some resemblance of common sense.
Jerry,
It the polls are true then yes I agree. But are the polls really accurate? This story just broke and I suspect there will be more turn negative. But yes, This is outrageous!! Thank you.
Greg
polls LOL,
The 27 points made by Edward Snowden should scare eveyone. Ref. zerohedge today, 6/11/13
Did you notice the irony in this widespread spying scandal? The supreme court’s rationale for allowing abortion to be legal was the “right of privacy.” Now, with the concept of privacy in tatters they are silent.
The yield on the 10-yr Treasury closed today at 2.23%. Will it just creep higher, or do we get an explosion? I can’t see them allowing the latter.
If they can’t cap rates with their bond purchases of $85 billion/month, can they just increase that to $90 b/mo, or $190 billion/mo, or whatever it takes? Do they have to announce this, or can they create an off balance sheet entity to do the extra bond buying on the sly?
On a related note, using the 10-yr Treasury as a proxy for the entire bond market, the yield is at, or higher than, any point since August of 2011. so everything bought since Aug. 2011 is underwater. Ouch!
There was some chatter a while back that the fed could unwind this bond buying scheme. Now, the chatter is that they might reduce the amount they buy per month, at some future point. What is the next talking point? That the next QE increase will only be $50 billion per month (incremental buying), when they really intend to increase by $100 billion/mo?
Jason,
Everybody I interview have been asking “How is the Fed going to get out of this?” I think the answer for the near term is they are NOT. Thank you for adding your perspective!
Greg