New USAWatchdog Interview: Gregory Mannarino – Deficits and Debt Will Explode Higher.
(VIDEO).
Analyst/trader Gregory Mannarino is not bullish on the US dollar, and that should worry the man on the street. Mannarino explains, “Inflation is going to be the theme of 2018. How do we know this is going to be the case? Let’s look at what happened to the dollar last year. . . . The dollar got melted down last year, and this trajectory has been going on for decades. It’s just getting progressively worse, and it’s going to continue this year. It’s amazing to me to think that anyone thinks the dollar is going to get stronger from here. President Trump wants a weak dollar. He wants to keep the dollar low in relation to other currencies. . . . The weaker dollar is stock market positive.”
On the ever expanding debt, Mannarino says, “Central banks have to continue supporting the markets by printing more cash out of thin air and inflating bubbles even worse. The debt bubble and deficits are going to get worse, and there’s no way out. So, this is stock market positive. Distortions are getting worse, and valuations are getting more distorted than they already are. . . . The whole system is so twisted and so rigged, every aspect is fake. . . Everything is going to inflate. That includes the market, that includes debt, that includes deficits, and that includes distortions that will inflate and get worse until we hit that moment this all smacks up against a wall.”
In closing, Mannarino says, “The deficits and debt are going to explode higher. World central banks are going to inflate. They are going to kill their currencies. This is why you have been seeing the rise in crypto currencies. Everywhere you want to look, the arrows are pointing towards inflation. Be your own central bank, and bet against the debt and own real stuff.”
Join Greg Hunter as he goes One-on-One with Gregory Mannarino, "The Robin Hood Of Wall Street."
Gregory Mannarino's website. Click HERE: https://www.traderschoice.net/
Great Post..😃😃
hmm you are right.
it's really a good post
Thanks...
love to read it, thanks, resteemed..
Good video
I like it
Tnx for upvote
this is so informative video, thanks, and resteemed..
Thanks for another important info..
@resteem
That's pretty cool to know thanks for the tips by the way :)
resteemed..
Dear sir i always follow you and resteem your post:)
@marketreport...thanks for this great interview. Tell Greg Hunter to join steemit. I need more top dogs to upvote. upvoted and resteemed.
Absolutely the interview is great, but should we worry a bit after reading? Now the questions in my mind;
Will BTC lose value?
Will ETH gain value?
@mafsteem @marketreport
@slayer10...I don't concentrate on BTC. I would wait for a pullback in ETH. Clif High says 100000 BTC this year. That would be 6 times more then now. But ETH will soar easely 6 times from now this year.
ETH konusunda sana çok fazla güveniyorum.. Ona kesinlikle yatırım yapacağım. :) Söylemiş olduğum düşüş elbet yaşanacaktır.. @mafsteem
@slayer10...tyrkish I don't understand.
I hope life will show all the truth. Goodness is always the most important aspect of our lives. Good day thank you:) I trust you a lot about ETH .. I will definitely invest in it. :) The fall that I have told you will surely be experienced .. @mafsteem
@slayer10...Sure there is coming a big drop down in Ether.
I'm sure you did. :) Is it safe to invest in ripple? I think a few investments are better at the same time. @mafsteem
I agree with @slayer10. I am a bit confused.how do I think this affects bitcoin and Altcoins.how should we direct our investments ??@mafsteem @marketreport
@aquia10...Gregory Mannarino is right. This will affect Altcoins a lot. BTC will probably soar 6 times this year but Ether will soar minimum 6 times this year.
That's pretty cool to know thanks for the tips by the way :)
resteemed..
@mafsteem The most logical investment seems to be ether. I'm thinking of investing in Ether but I expect you to fall as you say.
Thanks for information.
Great post..
Wow! This is great insight on what is going to happen between the relationship of dollar and stock market.thanks for this informatve post on inflation that is about to stike stock market.