(VIDEO) Alert: Bond Market Turmoil Is Now Punishing The Stock Market. MORE! By Gregory Mannarino
My friends, in the video below I cover at length the driving force behind today's stock market selloff.
Today, hawkish sounding central banks have rattled the bond market, forcing global bond yields and the Euro higher.
This dynamic is also putting more pressure on the US dollar.
Today's action in the bond market is something I have been warning about for years, and here right before our eyes we are watching it play out in real time.
Do not miss this video!
Gregory Mannarino @marketreport
We love you Greg, but what were you thinking when you bought paper? I'm sure at least 80% of your loyal followers were all a gasp. I'm sorry you took losses but truthfully, you knew better. After all, you are one of the ones that taught many of us to STAY AWAY FROM ANYTHING YOU CAN'T HOLD! Great post as always.
I was trading the derivative, not holding it.
Good update Gregory!
USD is under pressure. I don't see this trend changing. Also some ECB statements last week inflicted the market. Central Banks options are outdated and they will be in panic the upcomming correction.
The winter (bearish) is coming. :)
Right now it doesn't matter what the USD does. When it rises, gold goes down. When it falls, so does gold. As far as currencies go, all of them are just rebalancing themselves on a see saw. The PM manipulation is a separate matter from currencies.
The bond bubble bursting will make 2007/2008 look like good times.
So many people will be devasted.
I think they deserve it.
@marketreport do you have a guesstimate as to when the markets will have their melt down? I was thinking late fall to early next year the truth bombs will hit and the plunge should come. I just don't see QE4 "saving" us.
Cheers!
QE4 won't save us, but that never stopped them before. lol
That depends on how u personally define a 'meltdown'. Cos the laws of nature don't say anywhere it has to happen in a instant with a 50% drop. It could even be a single point drop for the next 10 years.
Bring on the collapse of these fake assets.
The reset is looming!!!
Actually u have such a button on your computer. Pressing it will reset everything instantly.
You first!!! LOL
done. now that's a reset u can control and predict.
LOL.... you got a point.... but I'm either lazy or a procrastinator.... maybe both
Banks in Europe are collapsing by the day. How much can this fake economy last?
Well there are many banks in Europe and there are many days ahead.
Thank you for this post! Great video! Thank you for your advice ! Keep sharing information! Now I follow you! Upvote! Resteem! I hope you gonna post more posts like this! I wish you all the best! :)
Dollar up = gold down
Dollar flat = gold down
Dollar down = gold down
Dollar plummets = gold down
They've found a way to manipulate gold with algos taking signals off the USD/JPY currency pair, but even that failed to work inversely today when the yen rallied but gold still went down.
Central banks number 1 mission is to keep the illusion of 'everything is fine' with their fiat currencies hence PM's must be kept in check at all costs.
I also find it very very telling that the cryptos get under pressure at the same time as PM's. I think the central banks are rigging those the best they can (by being buyers and then large sellers when they want. After all, they have unlimited fiat currency to buy the cryptos, so it makes no difference to them to suffer 'trading losses' on the cryptos)
Well that's my opinion anyway
:-)
Let's all go all in and short gold! Seriously, what could go wrong? If u had done that for the past 7 years u would be more right than wrong. And it seems right-er now!
SSSh i hate buying silver at less than it takes to mine it, id rather pay 100-200 £ an ounce ;-)
Haha nice one
Gold backwardation, Karen Hudes talked about that.
Thanks for the update Greg.
In the long run I do not see the Dollar going up in the long run. All the Fed does is create debt and more debt. This can not last forever. As you always say you do not know when this will happen but it will happen. Fiat money to zero but when. I am not a trader and will wait with silver and gold.
Meanwhile lets play cards for the next 7 years.