4 Comments

Greg, how about the Bidenstein Monster? That name would convey the idea that Biden is something dreadful while not subjecting you to the BS accusations from the Pharisees of being an antisemite for using the -stein suffix. Just a thought, maybe good, maybe not.

Expand full comment

In the waning hours of 2020, both houses of Congress passed The Consolidated Appropriations Act of 2021.

Former President Trump signed the bill into existence on December 27, 2020, and it took effect on January 1, 2021.

The Act is a $2.3 trillion spending bill that combines $900 billion of COVID-19 stimulus relief with $1.4 trillion earmarked to keep government doors open until the next budget is passed.

More importantly — buried deep into the 5,593-page bill is a subtle revision to Internal Revenue Code (IRC) § 7702 that could change Cash Flow Banking forever.

Some are calling it a "boon" (for good reasons)...

But there are significant trade-offs, too.

Expand full comment

QUESTION: What's your thoughts on the Fed going after stablecoins as a counterfeiting scheme. This would poke a hole in the crypto market. Then they can issue a gov coin in the aftermath. It would let a lot of air out, but would be an epic buying oppurtunity?

Expand full comment

Greg,

I watched CNBC yesterday afternoon, and they weren't talking about buying put options

but advising to purchase calls on at least three stocks with a SNAP Call which that

investment guy was going to hold for only a day and sell out of. So, I'm not quite

sure which creatures are inferring a total collapse of the stock market or bond market

with the fact of cash pouring into all the markets from the Fed. In reference to the

Hedge Fund buying into Bitcoin so Cryptos, I can only tell you what you advised about

three or so months ago that the Fed was pumping and dumping trillions into Hedge

Funds. If the Fed is the considered enemy of the the average investors, then why would

Hedge Funds buying into Bitcoin be a good thing but rather just another manipulation

play via the Hedge Funds for the Fed to have the ability to dump bitcoin sales into the

market to force down the cost basis of bitcoin thereby reducing investment propensity

to the average buyers of bitcoin rather than getting more to buy into bitcoin and other

cryptos? If the Fed has Bitcoin and other crypto large positions now via Hedge Fund(s)

purchases is that not in fact a way of causing crypto currency price instability just like in

the precious metals with paper/derivative purchases by one of the stockholders of the

Fed JP Morgan Chase et al?

No, I would have to say for at least the next two to five months or so, let the good times

roll will be the name of the game. However, having said that if you think these master

manipulators of markets won't push the markets up and down frenetically to their

advantage via their manipulation tools, you have to be out of it. So, naturally as you have

advised sell on the highs making the profit while buying positions on the down turns is

what needs to be the current strategy in all this.

As far as Biden's Plans, I think there is good investment debt and bad investment debt.

If I build bridges, new road, infrastructure that is crumbling, this creates some positive

growth in construction jobs, road building, bridges, so metal producers, electrical, etc.

thereby providing a positive economic result while refurbishing are fully acknowledged

crumbling infrastructure in the US. Covid-19 Relief Bills are also actually attempting to

provide a structural-financial bridge to those less fortunate small and medium sized businesses

as well as the mounting unemployed in the US due to no other than Covid-19. As to the

voracity of Covid 19 being here and deadly, I can only tell I received a call from my Brother

and Sister In Law way out in the Caribbean Basin on a small sail boat. They had consistently

told us how safe they were on their boat and on the islands they were allowed to visit with

all the safety procedures only for me to find out that they just "had" to go to a 300 person

wedding party that a millionaire on his super yacht was having. Summarily, they both caught

Covid-19 and locked out of anywhere but their boat to survive it in. My brother had it the

worst, he couldn't breath, couldn't taste anything, hurt like hell all over and what really killed

me was the fact that as his freaking brother I could do zero for him or my sister-in-law as

they are locked up and in that boat. They had some great sailors out there with them that helped

them to the testing site by boat which they went to four times with many of the test showing negative but the last blood test showing the covid 19 antigens. My brother told me he couldn't walk more than ten feet before he had to sit down. A Boat Ferried him over to the test place on

the island and he couldn't walk the 200 feet to the place for testing. He still has a fever after

days but his fatigue is slowly going away after weeks of this! He told me about when he

was "really sick" with covid and his wife he had already been helping out as she got sick

first, and he had to go on deck to put gas in the generator and it took him twenty minutes

to get up on deck, then he figured out he had to get the gas can which took another twenty

minutes of struggling being sick and then he had to then get to the generator to pour the

gas in which took another twenty minutes. You also don't think clearly as you're fevered out

and he said "it" attacks any and all weaknesses in your body like an internal body enemy.

That's when you realize what is more important in the World; your dam brother, who you

grew up with and saw marry and have a family and grand kids and now he was rotting

inside a sail boat well beyond your reach or help. This should give anyone out there a

more refreshing understanding of what being a human being is and also it's more than

just your economics, etc. but more so the people around you who you love and who

also love you as well.

I'm not a provoker or anything like that but you know if have been in the US Navy you

also know that if your ship has been hit below the water line or attacked you would

have to save any crew as well as go into holds to cap off leaking compartments and

shore up as best one could the damaged hull areas until the ship was reached by

additional Navy Ships and alternatively Repair Ships rigged for salvage and on sea

repair. Let me ask you a question Greg, if our US Ship is listing thirty degrees are

we suppose to just take the last life raft or collar and jump off to save ourselves or

do we put in place the repair and salvage ships so that we literally don't sink to the

bottom of the abyss? I for one hope and pray Americans of All Walks start understanding

this is "not" some dam "movie" you "think" your in playing a dam part, but more so

the life of your own Nation State; the United States of America and the mainstay of

all good American People from all over this country. If Greg Mannarino has concepts

and ideas on how to "build" up or economies of scale and thereby enrich all the American

People in doing so, I believer personally Joe Biden would love to hear from you and others.

I don't think Mr. Biden thinks he knows "everything" nor do most people out there whether

Senators, Congressman, Presidents or yes even the Big Business Tycoons. That's why good

ideas and policy planning go a long way to making our whole Nation and our People flourish

rather than sit on the deck waiting to sink with a ship left with those very same holes below

the water line yet no one on that ship thinks it's their duty or in their capacity to make the efforts needed to save the ship and the "many lives" on that ship. I can only tell you yes there is a

Captain or Admiral in the Command & Control but it is each and every man on that ship that

maintains it's integrity and solidarity whether in bad seas or under attack or any negative

circumstances.

We cannot and must not surrender to negative thoughts but more so start picking up the

venerable blow torches and repair "our Ship of State" for all our benefit and futures.

You can picture a deep diver in all his gear going overboard in high seas to repair a

sinking and damage ship and sharks and you understand the meaning of the message.

God Bless this United States of America and more so God Bless the American People

as goodly as many of us our in your hearts, souls and belief in "us" not just "them"!

Expand full comment