The Fed is reversing course. Instead of talking about curtailing money printing, it is now extending it. This comes as no surprise to financial analyst Gregory Mannarino. He says, “There’s no way out of it. The Federal Reserve cannot and will not stop printing money. If they do, it is party over at that moment.” Mannarino points out people are running away from fiat currency and are pouring into gold and silver and predicts, “There is going to be a mania in metals because they’re going to want to get away from the Ponzi scheme of currency, and they’re going to rush into metals because they’re real assets. “ Mannarino goes on to say, “We have created an alternate reality. We have borrowed cash from the future to live better today. That has created a population boom. When that bubble bursts, it is going to correct, and millions are going to get wiped out here.” Mannarino goes on to say, “This is not just a financial thing but a human life issue, and people are going to suffer as great as if there were a global nuclear exchange.” Join Greg Hunter as he goes One-on-One with Gregory Mannarino of TradersChoice.net.
Video will be up shortly.
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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.