EDGE OF A MELTDOWN: This May Be Just The Beginning, Here's Why. By Gregory Mannarino

in #money7 years ago

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In the video below I cover exactly what is affecting this market today, going completely contrary to what the mainstream financial channel narrative is fist feeding you.
After watching this video you will have a clear understanding as to what is really driving these markets today, what is occurring in housing right now, the dollar, the bond market, and more importantly where we are going. This is a must watch video.

Gregory Mannarino
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And with all that said, coupled with nearly 20 years of investing/trading. I'm waiting for the first big move down and the bounce to get short. Every time I don't wait for it I'm early and end up having 75% of my gains eaten up by losses from being way early.

As for real estate - I have been eyeing next summer to unload a couple properties with good equity in them. We are yet to see sideways action in FL yet, though growth is finally taking a big hit.

Congratulations @marketreport!
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Got 2 trezors yesterday for offline storage of bitcoin

Be wary when sending BTC from your Trezor. If set to auto-adjust transaction fees, they may adjust higher than you would want to pay, if the blockchain is backlogged at the time. This ensures that the transfer goes out on the next block, but must outbid other transactions to do so. I have been unable to confirm this, but have recently seen others mention it.

Seriously i don't trust anything anymore, this is scary !

Me either!!! We can trust Mr Mannarino tho... Thx Greg

Greg understands the manipulation so his perspective is more accrate. Thanks for your comment and Greg.

You may freely trust in Pocket Change... Read my Blog titled "What's my Story...???"

In my opinion there is nothing to be afraid of. We have to go through this because we can't control the market or the banks or even the Fed manipulation at this time. So go with it let it happen and then we rebuild. I want it over already NOW!

Morning folks
I live in Canada and have to laugh when there is a housing/land bubble and talk of the prices being artificially inflated .
90% of the land is crown land in Canada ... And that's a lot of beautiful treed acres.. Of the 10% remaining 90% of that is agricultural and corporate owned ,,, you want rigged that leaves about 1% of the land mass of half of North America to scrap over for pieces of land so small there is no real value in owning it except for flipping or renting out. You could not use it for any small scale business or work. Let alone a chicken lol to many rules and bylaws .
But the point being there is no reason for land to be so expenive here that most people can't afford it and those who do are taking on a life long debt .. Doubling the land availability here would not even be noticed there Queen.
But it would destroy the market.
The point being really about 99% of the land mass of Canada is off limits lol ,,,Now thats rigged

Wow that is a terrific point. You have me wondering what the proportion is here in the states.

You want an even better laugh,,
I can buy land cheaper in almost any state in the US than in Canada ... And will not freeze to death in the winter lol

https://en.wikipedia.org/wiki/Federal_lands

Look at the map on Wikipedia. The western states have been gobbled up by the Federal Govt.

Looks like you guys got to settle and place land claims about half way across the country before they put a stop to private ownership...

US was giving away the land until they stopped. Hard stop.

Is it just me or is the nesting instincts of our lovely ladies being used against us lol
I have another way of looking at home and land ownership ...
After many generation of hard work The richest few Canadians now hold clear title and ownership to somthing like. .000?% of the land mass of Canada.
The banks hold title to most of the 1% of the land we do get to play with lmao
In reality this should cause people to think that they might be wasting there time if not there entire life on a loosing battle.. If after many many generations of work we only have debt and own virtually none of the land ,

Greg. I have followed you for countless of years. I listen to your youtube videos and highly appreciate your valuable views and comments. I have seen the world change in the last years accelerating to a climax of chaos. Anyone that follows you and many others know this. The collapse of empires don't happen overnight and the elites know that the time is near. They are trying to accumulate as much tangible wealth as possible before this collapse. The siren call was in 2008 when the subprime market happened. Ever since then the game was turned to hardcore as the fiat scheme intensified. Listen people, the elites don't want all of us to survive the coming collapse. They can not stop us all from attaining real wealth in this process. Land (farm land), Gold and Silver is real money and they have hoards of it. Look at JP Morgans holdings the past year. Venezuela is a prime example of hyper inflation. Now imagine here in North America where 90% of people have guns. Continue to prepare for your families sake. Learn new skills and old ones to survive. The government have continuity plans, do you? I will be making articles myself to help teach others, I never trusted youtube, facebook or other social media, but now with Steem-it I have a chance to show the world how to Survive-it. JP Chant over and out.

Likin' this!

Greg, your help at picking winning trades is very appreciated!