ALERT VIDEO: The US Dollar Continues To Dive, With No End In Sight! By Gregory Mannarino
Today the US dollar hit a low for the year!
A trend which I have been talking about for months and will continue with no end in sight.
Do not miss this one!
Gregory Mannarino @marketreport (Don't forget to read each others comments! Upvote them if you believe they contribute to our Steemit community).
Central banks are always great at injecting their printed money. Lets go back to barter trading and ill trade my cow for some steem!
Jokes aside it does seem like the economic climate is shifting towards something darker now. Thanks for the video @marketreport!
Much darker. Take the time given to prepare!!!!
Thats funny. If I had enough Steem I'd consider buying that cow.
thank you for your daily report, Greg! btw. maybe you want to consider to power up your posts for a while - see why here: sbd price warning. kind regards
Just like you say, become your own central bank. Keep amassing alternative dollar assets. Silver, Gold, crypto...they're all on sale right now! :) Upvoted and Re-Steemed
Great analysis!! followed and upvoted!
In Venezuela, we know very well the monster of inflation. It is approaching to 1000%.
How is socialism working. in Venezuela?
Up vote this man! Give him some support!
Thank you.
Oh wow! How are you personally making it there with that level of inflation?
Thank you for sharing
Yes, I am in Venezuela. Living in a country with this inflation level and the economy collapsed is difficult.
I am sorry to hear that and my Heart goes out to you. Good luck to you
Sorry! I didn't realize you lived there, I wasn't meaning to be rude! I just feel that socialism is ruining beautiful countries and making people's lives worse not better as they promise.
sorry to hear that, my thoughts are with you.
Thank you.
I think at about 30% here would snap off the poor and middle class
I know, clearly socialism is working out great for those poor people, NOT!
Creating inflation is the easy part - the hard part will be to keep it from running away into hyperinflation. That can easily be coming for us. Then everybody who doesn't hold real values like PMs or property will be screwed.
I'm really hoping against HYPERINFLATION. I don't want to see Venezuela up close and personal here in the USA.
Nobody wants to see that happening, but there is a good chance it will. Not only in the US, but in Europe too. The strategy of creating a "controlled inflation" of 2 or 3% is delusional in my opinion. The delay between flooding the economy with money and the beginning of the inflationary effect is too long. By the time the inflation sets in, there is far too much money around to make it stop at 2% again.
Yes, it will be ugly.
Very nice comment. Yeah I am scared of hyperinflation. I hate that the FED is always talking to use as sheep. I wish they would treat us a grown @$$ people and talk to us about the truth and what we as a people really need to do. Share with us the real truth and let us really give an effort of fixing things. I know, I know...they are only the messengers and the real problem are those behind the scenes that want to control us enslave us. I just wish that there was someone that was 'real' to help us and to show all those blind sheep that things are not real and a bed of roses.
I concur
Amen to that!!!!
If everybody understands the reasons of the hyperinflation, I would take it everyday to make it end as quickly as possible. But since only 5% are awake, there will blood on the streets. It's sad to see what will happen. Watch it go.
Buy weapons, get trained
You forgot to add >>> "...as long as the weapons are not guns because apparently we won't need any!" :O
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=rgr&x=55&y=16&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Time to buy ruger, it just filled the 61$ gap on the downside, but there's a 65$ gap on the upside to fill.
Seems about right...but only if RGR sells off to below $60 first.
I "obviously" meant do buy RGR unless it breaks below $59...58.85 to be eggzact. :-) That's the importance of "knowing" what MUST happen before you initiate a trade. By waiting for the scenario to take place, many times new signals come in at lower/higher prices. The MOST important thing any trader must keep in mind is to be patient and wait for your minimum target to be achieved. RGR is not a buy now unless today's low gets taken out. And if it continues lower from here the initial buy target gets lowered also.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=rgr&x=36&y=4&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
hey joejustjoe (learning here) why does todays low have to be taken out to make it a buy
I'm not sure what is right or wrong, but inflation in the 1970's & 1980's was pretty bad. 10+% mortgages. Housing price always just out of reach, for many. Sticker shock on almost everything. Etc... Get your metals while you can.
Hey Greg, I recently invested in silver paper derivatives. I know you hate this stuff, but it looked like a nice opportunity. I was down big initially, but I followed the One Rule you Should Never Break and just continued to cost average down. Made a nice return today and I am happy to say I am keeping my promise of giving 10% away to charity!
If your going to invest in Silver Paper. Sprott Physical Silver Trust is the only ETF that the silver is not leveraged.
The share units is 2.5 to 1 oz of Silver. If the price of Silver is $16.00 divided by 2.5 = $6.40 per unit. It is the only ETF where investors can receive physical Silver delivery at 750 ounces or more.
Awesome! I LOVE it! Thanks for sharing.
Same here but with physical.
Kind of fits in with your point from this morning - about the fear index. There's a lot of fear out there, and a lot people hoarding their cash, thus no velocity.
I am one of them
Great video. Fed project "Quantitative Easing" failed.
They are still Quantitative Easing they just arent saying it thats what is keeping these Markets in check.
Yes the Fed has to be buying stocks
and bonds and.....
Oh thats a given, LOL