(VIDEO) The Dollar Meltdown Continues: THIS Is What You Must Do NOW! By Gregory Mannarino
In the video below, I cover what is going on right now with regard to the US dollar (it ain't pretty).
I also outline how crude oil is being used, again right under our noses, to manipulate the equities market.
I also address how we need to "rip the face off" of this stock market, and how to do it.
Much more!
Gregory Mannarino
Greg, I know a lot of people that need to call there doctor. I have a very hard time getting people to understand silver and gold. I now try to get them to understand bitcoin and they literally look at me like i am crazy. Bitcoin has diffently turned into a safe move. Thanks for the video. Have a great weekend.
I have talk to everybody and everybody look at me crazy talk about silver and gold and i just feel sorry for them that their brain is not capable to grasp a simple concept that gold and silver had being money for thousands of years and there purchasing power is maintain or increase in times to turmoil instead currency are nothing but toilet paper.
Not everyone is so easly convinced, especially when paper money is all that they have ever known. Trust me its a struggle to get people to understand. When you do finally get them convinced, there all in. Keep stacking my friend
Absolutely..
I have been talking to several good friends over the past few years about silver & gold as Greg says "become your own central banker" but have stopped because if the system goes belly up they will be coming to me looking for real money. I talk to them now about crypto currencies instead, they don't understand them (even younger people) and won't even think to come to me for my bitcoin etc.
that's truth but i guess one of the reason they stop showing history in school is because all it talks about money wise was silver and gold till 1900 them paper took over and people started to decline by accepting paper as money and people forgot the real qualities of money PORTABLE, DIVISIBLE, DURABLE, FUNGIBLE
Your next step is to tell your friends about Pocket Change... That's right, Common Coinage... Feel free to read my Blogs on the Subject matter... @pocketechange
Mike Maloney is the man! Hidden secrects of money episodes really opened my eyes
Thanks... I'm also a fan of Mike Maloney... @pocketechange
Pocketechange if i could give you 100 up votes i would for being so persistent.
Thanks @raybrockman ... It's not easy getting through to some people... I can only imagine a lot of people kicking themselves for not taking me seriously... Thanks again... @pocketechange
The dollar will begin its 18 year cycle with a 9 year downturn period to the eurocurrencies as it always has done. This will probably be very bullish for precious metals.
Check out this post for more on the cycles of weakening US dollar and the current state of the dollar.
https://steemit.com/dollar/@sjovmaiin/the-coming-fall-of-the-us-dollar
The next thing to get your friends to understand is Pocket Change... Feel free to go to my Blogs and read the ones pertaining to Common Coinage... @pocketechange
Oh I know the struggle about convincing friends and family about the metals. However I am proud to say that I have somehow managed convinced several of them!
!
Congratulations @marketreport!
Your post was mentioned in my hit parade in the following category:
Hello Greg, I have been apart of steemit for a few days and I put my currency analysis on steemit from now on. My user name is keela. Can I just say we do need to be prepared for the reset that is suppose to be comming, but we still need to have currency for our daily transaction. Nobody in my social circle is going shopping and is blaming high shopping cost on the devaluation on the currency but are just saying,"prices are going up" the government do not want them to have the true education.
Your fleece position routine adds a lot to the entertainment value, I'll re-post to help you become the #1 investment truther!
Thank you!
Careful, the truth hurts and marksmen don't like the truth.
DXY just broke below its 100 day moving average. We do have fibonacci support around 96.7 or so, but if that also breaks there is nothing but air until the 91 level. No trend line in sight to give support until 88 or so. So watch if it goes below 96.5 or so!
Dollar is extreme oversold - moreover, hard breaking resistance for euro index is about 90.50 (now euro index represents 90.32). So we are near bottom for USD Index - something between 96.50 - 97.00.
Greg, I would go a step further as you have alluded to earlier. This might be the leading edge of societal breakdown. For those who agree, I would recommend stocking medications. 90% of all antibiotics are manufactured in China. It would take a very long time for US Pharma to tool up, not even considerating supply chain issues.
These times turn the concept of currency, money, value, success on it's head. It is said that one of the scariest things to behold is a hungry person. The average American meal travels 1500 miles to table. Supply chain disruptions are unforgiving. Reminiscent of Greg's repeated warnings to us that the lives of our families are at risk when the markets return to fair value. Thanks for your genuine support, Greg.
Always a good idea to be ready for anything.
You're so right about getting out of the Fiat Dollar... Check out my Blogs on the topic... @pocketechange
Thank you for all the time you put in for us out here.
it is a shame the lame main stream media does not report the truth like you do
I agree. The dollar has lost it purchasing power for decades. What are your thoughts of putting those worthless dollars into food, water and every day supplies as in stockpiling???
I would definitely do it; there are lots of sites that say we could get into a serious scenario if someone attacks the grid and gas can't be pumped, and the factory that makes your bread and bottles your milk can't operate, and nothing gets out to the stores. Better to have it and not need it, than need it and not have it. And don't advertise to anyone that you have it. I have a small camp stove and bottles of propane if needed. Have enough water for brushing your teeth, and look up online how to take a full bath with less than a gallon of water. If you can, do a rainwater cachement for water to wash clothes and flush the potty. make sure you have tp, paper goods and disposable eating ware
Definitely need to be prepared or at least have a community to source things you need.
People are our best resource and only cost the time you put into them. Thanks.
friends are essential, especially ones who won't mind stockpiling for you, or sharing their last morsel of food
We once had close communities. Folks would be friendly to each other and help each other whether that be borrowing a cup of sugar or fixing a car. Today we stay in our homes and get on our tablets and laptops and televisions. We need to rebuild communities again and be very tight as a group. Thanks for sharing. So agree. Blessings. Troy
That is what I thought too. Supplies are as much if not more important than cryptocurrency and metals. I figure what is on sale today may not be on sale or even available tomorrow. Our grand parents and their parents would stock pile for a rainy day. Well I think that rainy day is fast approaching. FIFO over a 3 plus year period. Works for me. Thanks.