Financial Zombies Cannot See Massive Inflation Coming – Gregory Mannarino

MAL 09/10/2017  •

Hi Greg,
There are alternatives to You Tube and I’m glad to see that Greg Mannarino is taking advantage of them. I think they will thrive as long as You Tube (and Facebook) keep shooting themselves in the foot.

AndrewB 09/10/2017  •

Hi Greg and thanks for USAWatchdog.

24 minutes into your interview, Gregory Mannerino starts to expound on his previously ‘unpublished’ opinion as to what may happen to cash – actual dollar bills. He is reluctant but you pressed him on it. He starts to explain that actual cash, not the binary code held in your bank account, may be in short supply immediately after a credit crash (because less than 7% of US dollars ‘in circulation’ are in physical form). My guess is that Gregory was going to say that even while the US dollar loses value, the value of actual dollar bills may go up. He self-censored and stopped short of expounding this theory. I guess he is far more confident urging listeners to acquire a ‘sure thing’ – silver and gold – because holding cash may not turn out to be a smart move. Personally, I believe actual cash will be a valued unit of exchange for a short time after a credit collapse because people are not ready to transact in PMs.

This sceptred Isle 09/10/2017  •

Greg Mannarino talked about inflation taking off when there is a massive sell-off in the bond market. This reminded me of when Hugo Salinas Price compared the bond markets to rainclouds waiting to pop and flood the economy with inflation.

oneno 09/10/2017  •

Why is the FED intent on destroying the Dollar (a reserve currency that allows them to print with NO linit) when there are competitors with currencies that have Gold backing (Russia and China) and where China not only has Gold backing for the Yuan but a solid manufacturing base (that the higher-ups in the US and CANADA deliberately gave to them starting in the mid-1980’s)?

Why is the FED so intent on destroying the US Economy and isolating the US on the world stage?

The US no longer has the luxury to rattle their military saber against certain other world players. How is it possible for a country like Russia with the GDP of Itally (USD 2.01 trillion) to field an armed forces that can stand-up to the US armed forces? The US GDP stands at USD 15.6 trillion?

Where are all the tax dollars going? There should be plenty of money available (now going to the Defense and so-called “Afordable Care Act”) to re-establish manufacturing in the US (over a period of two decades) to compete on the world stage. Instead, the policy is to seed selected corporations, from their infancy, for monopoly control (as in Big Brother George Orwell 1984) within the shrinking US trading bloc against the growing European and Eurasian trading blocs. Are Americans blind to the Asian takeover occurring in front of their eyes via commercial and private real-estate?

The Eurasian trading bloc now has its own international payment system (CIPS) supported by Energy trade outside of the USD in currencies backed by Gold and where trade will be facilitated via a Gold-Trade-Note as described by Antal Fekete at least a decade ago.

Why is it necessary for the US Gov to purchase Russian rockets to launch payloads into space even with all the covert investments over the last two decades in private space ventures?

Are the vast majority of tax receipts disappearing down a black hole into black projects, that paying US citizens (legal fiction NAMES holding and collecting in-trust assets belonging to their respective undiscosed Principals) have to surrender through extortion and confiscation ever going to see the light of day to benefit their true owners and beneficiaries (Americans – actual men/women) that do the work to earn that value?

Are the so-called elected members ever going to come clean and return this confiscated property back to their true benefactors and beneficiaries (Americans) amoungst whom they live?

Killing the goose that laid the golden egg makes no sense as it leads to civil war and ruin.

What happened to the Donald?

This sceptred Isle 09/10/2017  •

“The bodies of hundreds of children are believed to be buried in a mass grave in Lanarkshire, southern Scotland, according to an investigation by BBC News.
The children were all residents of a care home run by Catholic nuns.”

http://www.bbc.co.uk/news/uk-41200949

What has been going on in these Catholic orphanages?

al Hall 09/10/2017  •

GREG: DOES GREG M. REALIZE THAT YELLEN IS TOLD WHAT DO DO BY THE COUNCIL OF 200 – THE “BANKSTERS” ABOVE HER. SHE IS JUST LIKE CONGRESS- BOUGHT AND PAID FOR BY THESE ELITES!!
AL

Tad 09/10/2017  •

Would like to know Warren Buffett’s net worth–in physical gold and silver. Probably not enough. If he’s anywhere near rational, he’s probably dumping stocks–if not BH A stock.

Independent 09/10/2017  •

Greg,
this podcast is on Voice-To-Skull Technology & Gang Stalking. Around the 25 min mark, a security specialist whistleblower claims the city of Seattle, Washington is being used as a social experiment. At the 55 min mark, he calls out the social workers involved in the program to speak out about it.

Electronic Harassment & Organized Stalking Insider Bryan Kofron

Bryan Kofron is an insider to the electronic harassment & organized stalking programs.

http://www.declassifieddocuments.com/2017/08/security-industry-specialist-bryan-kofron-aka-justin-carter.html

Patent For Microwave Voice-To-Skull Technology
United States Patent 4,877,027 Brunkan October 31, 1989

Hearing System

Abstract

Sound is induced in the head of a person by radiating the head with microwaves in the range of 100 megahertz to 10,000 megahertz that are modulated with a particular waveform. The waveform consists of frequency modulated bursts. Each burst is made up of ten to twenty uniformly spaced pulses grouped tightly together. The burst width is between 500 nanoseconds and 100 microseconds. The pulse width is in the range of 10 nanoseconds to 1 microsecond. The bursts are frequency modulated by the audio input to create the sensation of hearing in the person whose head is irradiated.

http://rense.com/general37/skull.htm

ARMY YANKS ‘VOICE-TO-SKULL DEVICES’ SITE

https://www.wired.com/2008/05/army-removes-pa/

Voice-to-Skull Technology
http://www.ronpaulforums.com/showthread.php?137258-Voice-to-Skull-Technology

Dan 09/10/2017  •

“You will be measured by your wealth in ounces” B.H. If you, Greg, and your friend are correct, physical silver WILL be valued at $ 1000.00 per ounce, GUARANTEED !

John Shipp 09/10/2017  •

Have you considered the Greg; I enjoyed the Mannarino video on Sunday,keep up the good work, Yahwah is counting on folks like you.

This is the interview I written by an Indian, very well thought out, the cultures of the Africans and Arabs did not go though the age of reason, we had the Renaissance, the Reformation, the Age of Reason then Industrialisation. They did not have any of that. The Arabs will say that they had a very vibrant society in the middle ages but in fact when they took Constantinople they gained all of the Greek libraries with all the classic thought and then the Christians who still occupied that part of the world translated it for them. In short they copied it but were not able to develop it, as the West did.

TRANSCRIPT
Maurice Jackson:
Welcome to Proven and Probable where we focus on metals, mining and more. I’m your host, Maurice Jackson. Joining us for a conversation is the host of the highly acclaimed Capitalism and Morality and a highly sought out advisor to institutional investors, Mr. Jayant Bhandari. Mr. Bhandari, welcome to the show.
Jayant Bhandari:
Thank you very much for having me, Maurice.
Maurice Jackson:
Jayant, you wrote a piece last week entitled, The Future of the Third World, in which you highlight a number of talking points that I would like to discuss, beginning with the distinction you make between Third World economies and the so-called emerging markets. Why is it important for investors to understand this fundamental bifrication?
Jayant Bhandari:
Maurice, emerging markets is mostly a misnomer. There’s only one country that I know of that is actually an emerging market, and that is China. Then rest of the Third World, was the Third World, is the Third World and will continue to be the Third World and in fact, virtually all these Third World countries, most of Africa, most of the Middle East, actually everything in Africa, most of the Middle East and all of South Asia and most of Latin America is regressing back to their medieval past.
And this is an interesting thing because for whatever reasons the world decided a couple of decades back that these countries had fundamentally changed themselves. The reality is that none of these countries have fundamentally changes themselves and actually they are getting worse by the day. There’s only one thing that has changed about these countries, the Third World and that is that their economies grew at a faster rate than that of the Western economies for the last 25 years or so.
Now, this has disoriented people. This has confused people, particularly given political correctness that dominates the intellectual space in the western countries today. Virtually all of the economic growth that took place in the Third World was because of extraneous events and that extraneous event was Internet. Internet enabled massive import of Western technology by the Third World and that was behind, that was the only thing behind, rapid economic progress of the Third World, but otherwise nothing fundamentally changed about these countries. In fact, rapid economic growth meant that these countries have actually become over regulated, over governed, taxes have gone up, regulations have gone up and they are rapidly regressing to their medieval tyrannical pasts.
Maurice Jackson:
You know, this reminds me of the discussion we were having offline prior to this interview in reference to the Third World economies in the emerging markets, is this political correctness. Is that something you’d like to discuss a little bit further as well?
Jayant Bhandari:
This is indeed a problem with political correctness, Maurice. We now have a globalized world. People, individuals, you and I, travel around the world and we experience different cultures. Multiculturism does not work. We know it from personal experiences. We know that different communities behave differently, but somehow in the Western civilization, particularly because of political correctness and because of the guilt, an erroneous guilt that Europeans are still feel, they want to deny the differences that today exists between the Western civilization and the non-Western civilization. The Third World is culturally very, very, different from the Western societies. Western societies are primarily a result, a product of the concept of reason.
Those people in the West who have grown up with this concept of reason assume that the concept of reason is a given. It isn’t. Most of the countries outside the West actually, virtually everything outside the West except for East Asia, the exception that I make here, all these Third World countries are tribal, superstitious and irrational. They operate through a set of beliefs, faith, religions, and superstitions. That’s how their minds work. They’re tribal in how they operate. Might is right is the operating principle in these Third World countries. It was the case before colonizers came. Colonizers brought in, European colonizers brought in a huge amount of sanity in these countries. The result of which was that the populations of the Middle East, the population of Africa and South Asia increased rapidly because Europeans reduced tribal warfare in these countries. And these countries are a product of European colonization. These were tribes fighting with each other.
Now because Europeans have been gone for 50 to 70 years, these countries are rapidly regressing towards their pre medieval tyrannical tribal past.
Maurice Jackson:
You know, you also highlight how far behind these Third World economies still are without the use of leverage, with some of the simple things that we take for granted, such as wheels, piping and sewage. Expand on that for us.
Jayant Bhandari:
You can travel around, drive around in Latin America, Peru, Bolivia, Brazil. You can do the same in Africa or in South Asia and you will see a consistent pattern. People carry heavy loads on their backs. Women carry big pots of water on their heads. Now imagine this thing. The wheel has been in existence for more than 5,000 years. We have proof showing that the wheel have been in existence for at least this much time. The concept of piping, lead piping, has been with us for at least 2,000 years. You can see lead pipes in Pompeii in Italy.
Now when those people could have the technology of piping and the wheel, why is it that billions of people even today haven’t really grasped the concept of the wheel and piping? Now these are just cases that I’m talking about. The reality is that this is the problem of the Third World. They’re still existing in a cultural, in a way of thinking that is extremely outdated, which is thousands of years old in its construct. These people go to Western schools and these girls in the school uniforms and carry pots of water on their head, and that tells you how wasteful that education has been because they somehow, and the somehow is, that because of the culture, they cannot really understand and implement the concept of even very, very simple concepts like the wheel.
Maurice Jackson:
Jayant, you referenced Winston Churchill for a number of quotes and I found them to be quite interesting as we become entrapped in this political correctness environment, more increasingly in the West. What message are you trying to convey with Mr. Churchill’s quotes?
Jayant Bhandari:
So Winston Churchill is often denigrated for what he said and the role that he played in several things during the Second World War time. He was the British Prime Minister during the Second World War. Now, he said a lot of things about Islam, about India, about Africans and what we now call as First Nations of the US and Aborigines of Australia, and he’s denigrated and he’s seen as racist. The reality, Maurice, is that if you sit back and read what he says, most of what he says is actually quite correct. It has proven to pass the test of time.
Now, he’s talking about the problems that Islam has. He’s talking about the utter and wretchedness, backwardness of India, a country that I grew up in and it has been proven consistently to be correct. And I just want to highlight this thing that do not ignore Winston Churchill just because what he says sounds racist today. The reality is that it took centuries for Europeans to understand that the Third World was culturally very, very, different, which is irrational.
And we have because of political correctness mostly erased that wisdom from the Western society. With that erased wisdom, we have positioned ourselves for a catastrophe not only for the Western world, but also for these Third World countries because we are wrongly projecting the future. The future is extremely tribal, full of warfare and wretched and poor, whereas lot of people who call them emerging markets think that these are the countries that will lead us to economic progress in the future. That is a completely erroneous assumption. Again, I’m making an exception of China, here.
Maurice Jackson:
Jayant, I have thoroughly enjoyed reading your article and for our listeners, we will provide a link to Mr. Bhandari’s article, The Future of the Third World, along with this interview post.
Switching gears, in the US media we’re focused on Russia and North Korea at the moment, but you see a potential escalation brewing in the Far East between India and China. Can you elaborate?
Jayant Bhandari:
For the last couple of months, Maurice, Indian troops and Chinese troops are facing each other. They have actually even have had a physical fight between them, which means that when posted at the front, they were not given guns and rifles and machine guns, so they had to physically fight with each other with rocks and stones. Now, this situation emerged because there is a controversial area between China, Bhutan and India, and India is contesting road construction of China.
Now I don’t really care much about the details, the problem is that irrespective of who is correct and who is incorrect here, the problem is that the media and a lot of these very bored, middle class, so-called educated Indians who are terribly bored of watching the TV, now want some action. They want a war and they’re convinced that Indian Army is the best army in the world, and again, because these middle class people never have to go to the front and fight themselves, they can vicariously live, vicariously feel courageous on the back of those people from villages who will die at the front.
Now the reality is that Indians are not the only wrong people here. Chinese blogs and chat sites are now filled with similar kind of discussions. However, in my view, a Democracy makes war much more likely because these masses create a sort of trance within the society that want the society to go into a warlike situation because the mass psychology rules. And that is the situation if there is a shooting at the border, imagine these are two nuclear power countries and about 40% of the world’s population lives between China and India. Any war between the two countries could be horrible for India because China is more than five times richer than India.
Maurice Jackson: Which leads to my next question, is India’s economy and their military prepared to fight with China?
Jayant Bhandari: I’m not sure, Maurice. The problem is that no one really knows what is happening with the Army and the military. This institution is so glorified around the world that it’s almost impossible for an outsider to be able to critically observe this institution. The reality is that Indian troops are about half a million troops that are stationed in Kashmir, which is almost half or one third of the total Indian Armed Forces. They are problems in the northern part of India. They’re huge riots going on in two or three provinces right now because people are fighting against a great verdict that the Court passed, which is quite a strange thing in my view, from a civilized view, but anyway the reality is that Indian troops have been stretched too thin. They are very likely not very well-trained and they are not well-armed.
The General of India a few years back said that Indian troops had enough ammunition to last only 10 days. So I don’t know what the real situation is, but I would not be surprised if Indian Army is much weaker than the Chinese Army.
Maurice Jackson:
Now I have a multi layered question here for you. Do you believe that the US will be involved? If so, to what extent and which side would the US favor?
Jayant Bhandari:
In my view, Trump has taken the right position, which is to not get too involved in this matter between India and China. And this is the right thing for American taxpayers and Americans to do. However, we cannot escape American involvement in other countries. The reality is that these Third World countries are in a complete mess. Their institutions are getting degraded, degenerated and falling apart. All these Third World countries will fall into tribal units because that is what the cultural, the culture will lead them to. Without the fear of America and without the glue and sanity that America provides, all these Third World countries will destroy themselves.
But why should America pay for this, and why should America degrade itself for these people? However, the reality is that if 40% of the World’s population goes into a nuclear warfare, it will affect America and eventually America will be forced to get involved in any problem between India and China.

Jerry 09/10/2017  •

HEADS UP!
The dollar fell over 73 basis points on Friday.
http://news.goldseek.com/GoldSeek/1505056140.php

The attached charts alone should be enough to get your attention. If not go to the u.s. debt clock and watch the dollar selloff in real time for yourself. This is it people. You don’t have to be a stock analyst like Greg Mannarino to see where this is headed. All you need to know is the world is selling off our currency, and in a matter of weeks a new exchange system will rear its head to replace it.

John M. 09/10/2017  •

In the near future when SHTF, cash will probably be valuable for a very short period of time, like days or maybe a few weeks. But then the masses will quickly figure out that their US dollar is in actuality dying fast, and they will get rid of their dollars into anything real that they possibly can (the Weimar Germans called these real things: “Sachwerte”).
That’s when hyperinflation starts happening with money velocity exploding to the stratosphere, or if you prefer, hyper-devaluation of the US Dollar.
However you want to explain it, America enters the third world of increasing chaos and despair. There would then be massive shortages, credit freezes, civil unrest, distrust in all finance and business trading, distrust in families and neighbors, and universal martial law.
But better to have Trump at the helm, rather than a full-blown socialist.
However, almost half, if not more Americans, do not really believe in God, property rights, and respecting the human rights of others. That’s where Americans might kill and steal from other Americans like savage beasts that are desperate for their own survival.
God still rules and His will is always done, no matter what happens to America or the world.

Flattop 09/10/2017  •

GREG Mannarino
If trump devalues the dollar by 50%, will that help our problem, or are we too far down the road for that?

Tad 09/10/2017  •

https://srsroccoreport.com/you-have-been-warned-the-situation-in-the-markets-is-much-worse-than-you-realize/

Given any thought to having Steve St. Angelo as a guest? He seems to have the energy aspect of economics nailed down.

Gregory Mannarino 09/10/2017  •

We sure covered a lot in this one Greg. I hope everyone enjoys this!

Craig 09/10/2017  •

I listen to your show almost every night and I never miss your guest speakers. They are all intelligent with good advice and foresight. They have common sense however, the world and especially the United States and our elected leaders lack this common trait. Maybe just maybe, this is why the stock market keeps going higher, the dollar keeps on depreciating, over a 100 trillion in debt, and we depend more on handouts from Washington. Crazy times

Frederick 09/11/2017  •

On the 16th anniversary of the greatest treason in US history everyone should go to the SGT Report and listen to James Perloff discuss what really happened on 911 The truth MUST be revealed for the memory of the victims

Flattop 09/11/2017  •

GREG: Some criticism
Allow Mr Mannarino to complete his thought before you speak your thought. Please

a

Frank 09/11/2017  •

This economy is real. Mannarino is always fighting it as are your other guests and they continue to lose time and money.

If you want my opinion my number is 401 821-3434′

commodity trader 44 years straight.

Ken 09/11/2017  •

Greg, I believe what Mr Mannarino was trying to explain was this. When the credit system fails it will go like this.

1. Credit cards and debit cards will quit working. Most people and retailers will chock it off as a glitch in the system and will take cash or a check if you are local.
2. Personal checks might work for the next 24 hrs if the retailer doesn’t run the check thru at the register.
3. When the checks won’t clear you will already have a run on the ATMs/BANKS in progress. This is the RED LIGHT SIGNAL!
4. This is when cash will work for the next 24 to maybe 48 hours. Once the retailers find out that they can not restock because of a problem with the currency it’s game over.
5. Be sure when making that last dash for extra food that you avoid stores that have a large customer base that use EBTs as they will skip the ATMs and go strait to the store.
6. Watch your back when paying for and leaving the store, as this could be tricky.

7. This is based on the fact that most people don’t know/understand what is happening.

Mike R 09/12/2017  •

Oh, but for the irony of this one. A ‘bankster’ calling something financial (crypto $) a ‘fraud.’ I couldn’t stop chuckling.

“Surprised by the sudden air pocket below bitcoin? Curious if this was caused by some new, unconfirmed Chinese crackdown on bitcoin traders, exchanges, and other money launderers? ”

No, the answer is Jamie Dimon, who in an angry outburst during the same conference in which he preannounced JPM’s 20% trading revenue drop, lashed out at the cryptocurrency, calling it a “fraud” which is “worse than tulip bulbs. It won’t end well”, will “blow up” and “someone is going to get killed.” Oh, and in conclusion, “any trader trading bitcoin” will be “fired for being stupid.”

DIMON: BITCOIN IS A “FRAUD”; “WORSE THAN TULIP BULBS”
DIMON: BITCOIN WILL EVENTUALLY BLOW UP
DIMON: BITCOIN WON’T END WELL
DIMON: WOULD FIRE ANY TRADER TRADING BITCOIN FOR BEING STUPID
So how does Jamie really feel?

http://www.zerohedge.com/news/2017-09-12/bitcoin-tumbles-after-jamie-dimon-calls-it-fraud-would-fire-anyone-trading-it

P.S. Now that he’s said that, Bitcoin will likely go parabolic some more, and hit $10000.