Running Straight into Worst Case Scenario – Gregory Mannarino

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

Trader/analyst Gregory Mannarino is nervous about the distortions in the markets that are breaking records. Mannarino contends, “It’s going to come down very, very, very rapidly.  There is not going to be any slow burn here whatsoever.  It’s going to be every man or woman for themselves.  Everyone is going to run to the door at the same time.  At some point, nobody is going to want to buy anything.  This is a worst case scenario.  In a managed market like we have right now, I cannot imagine a way we are not running into a worst case scenario.”

Mannarino said the markets would go up right after Donald Trump was elected. Mannarino said the election of Trump was a “game changer.”  So, what’s got Mannarino spooked now?  Mannarino says, “The sell-off in the bond market last Thursday and Friday says there is something here that we have to pay attention to.  Not only bonds sold off, but we saw the bond market sell off at the same time the stock market was selling off.  That is unusual in this environment.  We have not seen this type of action as far back as I can remember.  When you see a simultaneous stock and bond market sell off, that should make people stop and say whoa, because you’ve got cash leaving two markets, and where is it going?  . . . Cash came out of the bond market rapidly.”

Mannarino goes on to say, “What does it mean to the guy or girl listening to this right now? It means interest rates are going to spike rapidly.  If this happens, and we’ve seen this before, rates will go up and stocks will sell off like we are seeing now, but much more violently.  Then, that cash is going to move into other assets. . . . This whole Ponzi scheme of debt being borrowed into the system in greater and greater amounts has to come to an end at some point.  I think we are starting to see this right now.  The debt can never be paid back, and the fiat currency, the dollars, are part of that debt.  It is a frightening prospect here to put this into perspective.  We might be seeing a little darkness with Venezuela defaulting on its debt here.  This is going to sweep the globe . . . . We are now under an umbrella of debt, which can only get worse.  It can never be paid back.  It keeps getting bigger and bigger.  There is going to be a moment of implosion when the debt based economic model cannot function anymore.  Then everything grinds to a halt.  That’s it, it’s party over.”

Mannarino says don’t expect the Fed or any other central bank to come in and blow another bubble when this one pops. Mannarino warns, “This time the Fed cannot do anything.  There can be no bailout, there can be nothing.  The money they lose this time will not come back in their lifetimes.  Maybe the next lifetime in whatever system evolves out of this, but in this lifetime, the money people lose this time is never coming back.”

Mannarino says, “Gold should be a $8,000 per ounce and silver should be a $500 per ounce but they are openly rigging those markets.”

Join Greg Hunter as he goes One-on-One with Gregory Mannarino, founder of TradersChoice.net.

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After the Interview: 

Gregory Mannarino also says, “I just filed a complaint with the Securities And Exchange Commission with regard to the rigging of the gold, and gold derivative market.” Mannarino is asking other people to file “your own complaint”  along with him.  Click here to find out more.

There is free information, trades and videos from Gregory Mannarino on TradersChoice.net.

 

 

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Comments
  1. Gregory Mannarino

    Hello everyone! Thanks Greg! And yes, I Filed A Complaint With The Securities And Exchange Commission On Gold Market Fixing. Click here: https://www.youtube.com/watch?v=j3e0XS5VTtY

    • Greg Hunter

      Go get them Gregory!!!!!
      Greg

      • Pat

        Greg, I have been trading the HYG 87 1/19/18 puts for a year and this past Thursday almost 14,000 contracts!!!! traded vs. usually little or no contracts trading on a daily basis. Also, a one day 39% price appreciation for an option price that has gone straight down for 52 weeks. On Friday the TBT 1/18/19 40 call took off with unrelenting bidding all day long. TBT calls have also gone straight down until Friday for 52 weeks. I trade have traded this TBT option for a year and Friday felt very, very different!

        I noticed the financial channels like CNBC and financial sights like seeking alpha were quick to announce the end of the bond selloff just after a few days of selling after years and years of nothing but gains for bonds. Something feels very odd for someone who deals and feels these markets on a daily basis and it sure did not feel like all that bidding was just for one day trade!

        • Greg Hunter

          Thank you for adding this Pat!!
          Greg

        • Jim

          If it went down for a year and expires soon; this could be an early move toward a short squeeze.

    • This sceptred Isle

      Two thoughts spring to mind…

      1) If stocks and bonds reached record highs simultaneously, they can fall at the same time.

      2) If the FAIR price for gold is $8,000 and silver $500, then the prices will probably go much higher when you factor in speculation and euphoria. Unless, of course, the price is fixed in a reset.

    • Macray

      Greg M
      Even though the The Securities And Exchange Commission is part of the Plunge Protection Team, I too filed a complaint this morning. I copied and pasted, as you encouraged, what you had filed. Thank you for being the lead here!!
      Respectfully,
      Macray

  2. eddiemd

    Two brain cells held together by a spirochete. The mind of the average Amerikan citizen.

    • Paul ...

      Two brain cells held together by an undulating spirochete … that can be “tuned into” low frequency radio waves … emitted by HARP to make one hear “voices” or commands from “God” (which is really Deep State, CIA, NSA mind control agencies) … human beings are born with a brain that is “easily hacked” … we have “no firewall protections” against illegal entry by the Deep State into our minds … during the Iraq war the US beamed “the voice of Allah” into the heads of Iraqi soldiers “to lay down their weapons” (and 150 American soldiers took control of and entire Iraqi Division) … Trump must get this mind control weapon out of CIA hands and