79 Comments
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Major Nathan Maxwell Janice's avatar

Ty Greg for the heads up

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Robert R's avatar

Thank you Greg for this update 🙏

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Major Nathan Maxwell Janice's avatar

Im laser focus on that shit

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Scott Sondergaard's avatar

Greg, you keep saying we NEED higher interest rates (not lower ones). So, now we're getting them, and you are saying this is a problem! Very confused, which is it? What am I missing? Please explain in detail.

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Gregory Mannarino's avatar

Artificially suppressed rates/currency devaluation are economic destroyers, which also create MASSIVE price action distortions across the spectrum off asset classes. End result a fake market environment. Higher rates will indeed hit markets, as stocks will trade on more realistic multiples but, higher rates/stronger currency would GREATLY boost the real economy-at the cost of a hyper-bubble stock market.

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Jay Blue's avatar

I like to compare it to chemistry because the laws of economics are just as real as the laws of science. The central bank forces the system out of equilibrium much like changing the conditions of a chemical reaction that's currently in equilibrium to force it out of equilibrium. The shift causes a new equilibrium to be established. What we see from the Fed's actions is an artificially created equilibrium.

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Scott Sondergaard's avatar

Okay got it! It's a squeeze play and pick your poison type of scenario. THANKS!!!

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Gregory Mannarino's avatar

That was a VERY good question by the way. I am going to talk about it in my post-market wrap up today.

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Doug Youngman's avatar

... put your right foot in - put your right foot out - put your right foot in and... you know it.

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Doug Youngman's avatar

... imagine when the snake discovers that all along it has been eating its own tail... SHOCKING!

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holistichealth's avatar

The M.I.C./WAR.Machine - is not the answer for our future! THEY DO NOT CARE ABOUT ANYONE - they DO NOT BELIEVE IN GOD.....they practice pure evil and are destroying everything!!!

WHY WOULD ANYONE VOTE FOR T.HARRIS - UNLESS YOU WANT MORE WAR - MORE KILLINGS - MORE INSANITY....AND IF YOU WANT ALL OF THOSE THINGS - YOU MAY WANT TO ask yourself - WHY? and then look in the MIRROR and check to see if you ARE REALLY AN AMERICAN!!!

VOTE RED = PEACE = PROSPERITY = COMMON SENSE!

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G. Wayne Wylie's avatar

Thanks Greg!

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Stacy R's avatar

Agreed Greg. Gold and Silver are tanking right now due to the bs inflation report that went out this morning. They are more focused on a rate cut.

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Doug Youngman's avatar

... consider it a gift honey. We do what 'they' do.

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Stacy R's avatar

guess I have to buy more silver today

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Vicktorya Stone's avatar

Thank you so much this is extra helpful and in plain language.

My head over the last 10 or more years has been more in legal and political issues than financial, so I don't have anyone anymore to just play ideas off of and I haven't been following the markets closely enough,but if I can get myself back up to speed on basics, and I'm giving myself a crash course in order to understand crypto to some extent, I just don't want to lose what is to me a significant amount of cash.

so it's a matter of putting my thinking cap back on and finding some good advice and Friends. I do appreciate the specifics.

Mainly I need to understand the generalities and the trends so that's why I appreciate Greg's perspective. It sounds about right, it's really extra cynical but like I said I can handle that, but also I need to know generalities, esp. of this bond market. I have bonds like I said where the cash has been put and if it's crashing where I just need something immediately that's relatively safe and I can't move this much into coins or bars...?!

Anyway life has happened, I appreciate everyone being helpful here and I'm trying to get to know you, so thanks friends.

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Matthew Berberich's avatar

Thanks for having our backs, Greg! We appreciate your help.

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Todd DeRose's avatar

Thanks Greg. The opportunities are coming let’s all be PAYtient

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J runner's avatar

Thanks Greg!! Appreciate it!

Joseph Leuchtmann

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Mike Liner's avatar

Prepare prepare it's here

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Vicktorya Stone's avatar

Serious question, what does prepare mean? where do I put my money?

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Mike Liner's avatar

Food water SILVER and anything else you depend on. Serious answer

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Jennifer's avatar

Thank you for the practical real actionable steps answer

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Aj's avatar

Buy physical gold, silver, guns, ammo, heirloom seeds.

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Vicktorya Stone's avatar

I had quite a bit of ammo and well hell it went with a decent arsenal but it wasn't legal for me to retain it after the owner died last year so I need a different method of protection, and I'm not going to get my own LTC.

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Aj's avatar
Oct 31Edited

Move to a “Constitutional Carry””Sanctuary State” and you won’t have to bother with an LTC. If you are still living in a blue state or blue city you need to seriously consider leaving before it’s too late. Your life may depend upon it.

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Lulla buy's avatar

See Mr/Ms Google. When currency is finished is where the answer is.

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Doug Youngman's avatar

Get the girls ready to sell.

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Vicktorya Stone's avatar

Doug what does that mean get the girls ready to sell. Everyone's talking in code and why can't we just speak plainly?

what's the deal?

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Doug Youngman's avatar

Code? We’re all victims of neo-feudalism ahead get to know the local Warlord/Pimp… Mad Max much?

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Oct 31
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Doug Youngman's avatar

What are bankers buying when Gold:Silver is 1:84? Stir it up - little darlin stir it up... "People want to be told what to do and what to think." [GM] Nobody is safe until we're all safe... chick-a-boom chick-a-boom don't ya just love it... a world that hates the truth and all those whom seek it.

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Oct 31Edited
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Jennifer's avatar

Thank you

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Oct 31Edited
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Jennifer's avatar

Fantastic!!!! If you taught a class I would follow it. All about learning streamlined efficiency tricks. Gets overwhelming trying to sort through everything on limited time and a having a very distractible brain.

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Polino's avatar

Bond Rates need to keep climbing! Who knows what the ceiling is? It's so important to save the dollar and keep its RESERVE STATUS. We don't want to go the way of the British pound. Look at BRITAIN today. The ramifications will be felt for decades if we allow the BRICS+ to become dominant.

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Oliver Pennyworth's avatar

Oh yes this is the FED Intervention you have been talking about for decades now! The END is NOW! Putin and Russia have just added SILVER as a part of the reserve of their Ruble based BRICS Payment system and currency!

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Watchmaker's avatar

OK, so Greg. call me stupid.... I've been listening to you for well over 2 years now. I understand the MMRI (I guess). I don't buy stocks. Metals ONLY. so wen the MMRI was going DOWN, that meant the

FED was pumping $$ into the system and the Market LIKED that so the market was going UP (And the MMRI was going Down).

now that the MMRI is going back UP again, what does that mean?? you've lost me.

as for Metals, I'm happy, Silver is going UP and will continue to do so. same with Gold.

SO all is good with Metals (independent of the MMRI (yes?)

Oilseed, (a little slow at the switch)...

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