TradersChoice.net, Released on 3/12/20
Part 1 (part 2 below)
Part 2
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a business day “MarketReport” on YouTube. You can find out more about what he offers at his website Traderschoice.net.
Mannarino: This is going to be much worse than 2008 added by Herman James on
View all posts by Herman James →
Greg:
I agree with some of what you are saying. The central banks will try to appear like the saviors riding in on white horses while, in realty, they are the cause of the problem in the first place.
I do not agree that the virus was unleashed intentionally. I think that the official story that it came from the poor sanitary conditions that exist in Chinese food markets is the truth. The Fed, the financial hucksters and most of all the SCUMBAG LEFTIES and their accomplices in the media will use this however in their unrelenting attempt to beat Trump in November. I voted for the president and while I have not been happy with everything that he’s done, he is the only president in my lifetime since JFK that has tried to actually do anything good for the citizens of this country. If you don’t agree with that just look at how hard the lying SHITBAGS on the left and in the press are trying to take him down.
I am a firm believer in gold, hold the physical metal as well as platinum and am confused as to why it is dropping today. Maybe you could discuss this in more detail in a future video. Shitcoin…I mean Bitcoin…. sorry that is the biggest scam since the “pet rock”!
Good luck with that one, but not with my money. Shares of stock in REAL COMPANIES….not TESLA….BEYOND MEAT..
or FRAUDBOOK…you know companies that make things and provide services that people actually want and need, these will recover over time. If you invested in the stock market and need the money next month or next year, BAD MOVE! But in the coming years this too shall pass.
One last rant. Why does everyone seem to idolize Elon Fucking Musk as if he is some sort of Einstein. He’s another scam artist, in tight with the tree hugging assholes who infest our government (actually they just use “the environment” as an excuse to limit our freedoms and tax and kill the American middle class) Without government subsidies he wouldn’t be able to give away those overpriced blow torches that he calls cars. And what’s all the commotion about “self driving vehicles”. Can’t these fucking millennial idiots even learn how to drive. Too busy sitting on their lazy asses ordering food, clothing and everything else imaginable from their $!,000.00 TELEPHONES….WTF! If only I could invent a way to enable these fucking useless losers to wipe their asses on line, I would make a fortune!
Greg:
One more thing…..you’re saying that you don’t hold ANY stocks……..zero?
I find that tough to believe, buddy!
A few years back another blogger who will is still around but will remain nameless was extolling the virtues of gold, PHYSICAL GOLD that you have in your own possession. When the 2007-2008 crisis hit he lost a bundle on his gold investment, which was actually PAPER GOLD purchased through the wrong people.
If you are completely insulated from this, my hat is off to you!
Gerald Celente to be precise.
“am confused as to why it is dropping today”
That’s easy to explain. The criminal cabal is so deep in selling paper gold, that they are beyond desperate at this point. They have lost their minds thinking they can bash the price down in the hope of reducing their obligations. They bashed the price on Friday with naked short contracts because there would be no Asian market to drive the price back up a few hours later. Their hope is that some fools will be suckered into selling either the real thing or their underwater contracts. Its almost incomprehensible how such blatant criminal activity is still allowed.