Gigantic Wealth Transfer Coming – Gregory Mannarino

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

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.

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Comments
  1. Anthony Australia

    Things are really starting to heat up. The Australian Government is really going all out to boost the economy. This worked in 08 as we avoided the GFC, no recession in 26 years, this time I’m not so sure.

    • Rob

      The FED has purposely been pushing back cutting rates until this fall when the markets enter the most volatile time of the year. They need all their ammo for the last year up to the reelection of Trump. Father is using Trump to bring to pass what He promised was coming 2 days/2000 years after He sent His firstborn Son Jesus:

      Revelation 1:1 The Revelation of Jesus Christ, which God gave him to show unto his servants, even the things which must shortly come to pass: and he sent and signified it by his angel unto his servant John;
      2 Peter 3:8 But forget not this one thing, beloved, that one day is with the Lord as a thousand years, and a thousand years as one day.

      Father gave us a hidden timeline in Genesis chapters 1 and 2 that Peter was alluding to which proves we are in the morning of the 7th day when God will begin His rest but not until after the corporate body of lawlessness is exposed:

      https://sumofthyword.com/2017/01/18/the-mystery-of-lawlessness/

      And All Israel are grafted into His one olive tree:

      https://sumofthyword.com/2017/12/19/all-israel/

    • paul ...

      Anthony … Australia has been selling their gold … recently selling 4.1 tons of it … perhaps like Canada they have been ordered to sell their gold in order to keep the price down … hopefully Australian retail investors have not being fooled by the manipulators … Australians should take note that the Central banksters “have been accumulating gold while its price was kept down below $1350 over the last six(6) years … but now it seems (looking at the chart below) the banksters have finally filled their coffers … and are now in a position “to allow gold to be unleashed”!! … https://capitalistexploits.at/wp-content/uploads/2019/07/Screenshot-2019-07-04-15.23.02-1024×506.png

  2. Anthony Australia

    Wealth transfer or total annihilation of society. Wars drums beating loud for Iran,
    t really does look as though Israel is leading The US Government by their noses. *1984: West German intelligence sources claim that Iran’s production of a bomb “is entering its final stages.” US Senator Alan Cranston claims Iran is seven years away from making a weapon. 1992: Israeli parliamentarian Benjamin Netanyahu tells his colleagues that Iran is 3 to 5 years from being able to produce a nuclear weapon. — 1995: The New York Times reports that US and Israeli officials fear “Iran is much closer to producing nuclear weapons than previously thought” – less than five years away. Netanyahu claims the time frame is three to five years. 1996: Israeli Prime Minister Shimon Peres claims Iran will have nuclear weapons in four years. — 1998: Former Secretary of Defense Donald Rumsfeld claims Iran could build an ICBM capable of reaching the US within five years. — 1999: An Israeli military official claims that Iran will have a nuclear weapon within five years. — 2001: The Israeli Minister of Defence claims that Iran will be ready to launch a nuclear weapon in less than four years. — 2002: The CIA warns that the danger of nuclear weapons from Iran is higher than during the Cold War, because its missile capability has grown more quickly than expected since 2000 – putting it on par with North Korea. — 2003: A high-ranking Israeli military officer tells the Knesset that Iran will have the bomb by 2005 — 17 months away.

  3. DeciBel

    greg/gregory – many thanx for the comments…

  4. roberta

    hey greg, who do you believe, trump or greg m?

  5. Davina Marshall

    No one will ring a bell but I believe we are close to hitting the wall.
    Excellent presentation Gregs (plural).

    • paul jr.

      How many times have I heard that? Too many.

    • paul ...

      I think a bell is ringing loudly … as one-third (1/3) of the companies in the S&P 500 are currently “unprofitable” … but people won’t believe it … just like they won’t believe the Moon “rings like a bell” (and is just as “artificial” as the Stock Market)!!

  6. al

    No wonder you uploaded later on in the day. Today the DB news came out. WOW!
    All I can say is WOW!!! Thank you for this ground breaking interview Greg!

    I follow Mannarino and what he is saying is what he has been warning about.

    Again I see stupid moronic people around me who can’t put one sentence together make insane amounts of money on real estate flips, which reminds me of 2007-8 all over again!
    Whatever is bubbling now will burst very soon.

    Trump keeps pointing to Powell saying he doesn’t know what he is doing. Trump is setting the stage for the crash and will put the blame on the Fed.

    I never ever prayed for a President before in my life! I now often find myself praying for Trump’s health and security. He’s a good Man backed up by very powerful people. If I was the DeepState I would be very worried.

    I don’t do links but this guy succinctly points to all of Trump’s accomplishments in one fast paced 45 min video. Interestingly enough I can’t get it on my youtube app… hmmm…

    https://www.youtube.com/watch?v=3DJK_kGlYR4

  7. Walter Baumgarten

    Wow Greg & Greg, Greg Mannarino’s last statement was absolutely over the top! I have been around for 6-1/2 decades and I have achieved many wonderful things when I was blessed enough to be able to work together with other motived souls towards a common goal. I have never really achieved anything when I had to fight against my fellow man for whatever reason. When we fight one another we can only hope to not be destroyed and we can never expect to advance anything good. Jesus Christ probably advocated working together as the only way to go because it is the only way that works in the end. His Father and ours sent Him to convey this Truth to us. It is a sad shame that more have not listened to Them!

  8. john

    GREGx2,

    The forces of deflation are gathering – all assets – housing, stocks, bonds and perhaps even the metals. IMHO – we are heading to a new global system once we breach 0% rates here in the US- backed with gold, block chain technology and a return to increasing rates to attract capital. Negative rates will destroy capital.

    • paul ...

      Block chain technology is “spy technology of the highest order” … it traces and keeps a written record of every economic transaction you make … physical gold (and silver) “defeats this high end spy technology” … and provides people their Constitutional right to “complete economic privacy”!!

      • john

        Yeah, yeah, yeah and when you buy/sell gold it is recorded as well – so there goes your Constitutional privacy on that transaction. Gold is going to eventually return in some form to the international banking system but not to “complete economic privacy” but rather to bring honesty back into trade between nations – block chain is going to track that gold/currency transaction between countries on a global scale. The “relic” will anchor currencies but it will not be for some Constitutional mandate as the rest of the world does not follow it.

        • paul ...

          John … here is how it works … you as an individual buy gold with cash … and later when the need arises you barter your gold for what you want (in complete privacy) … the banksters understand this … and that is why they want to get rid of cash (to take away your economic privacy) and force you to use bank checks, bank credit cards, crypto, etc., etc.!!!

  9. Jimm

    Connecting more dots…well maybe.
    DB news correlating with the Epstein indictment. Coincidence? Consider money laundering of the elite, their controlled puppets, and that all roads lead to DB. Could it be that this action by DB is being carried out as a way of covering up something much bigger than a default? Think in a nefarious manner and this story may be bigger than what we perceive.
    Excellent interview! Keep digging. Hosea 4:6!

    • paul ...

      The power center of evil (DB) is being systematically shut down by the forces of good … the forces of evil “need a war” to help cover up all their misdeeds … the neocon plan is to force Iran to shut down the Strait of Hormuz … so crude oil prices will skyrocket into the stratosphere … putting the global economy into deep recession … from which banksters “will gain the ability to print infinite amounts of paper money” to not only bail them out of their debt problems … but to give them even greater power to do more evil in the future … luckily so far the Iranians have not complied with the neocons plans … but the Iranians have stated in no uncertain terms … “that they will not allow the countries stopping them from exporting their oil … to export their own” … understand the Iranian thre