(VIDEO). US Dollar Hit AGAIN! Gold & Silver Higher. Stock Market Ripe To Fall. By Gregory Mannarino

in #money7 years ago

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The story yet again is the US dollar which is continuing its downward spiral.

It appears that the ever weakening dollar, and easy federal reserve monetary policy are the only supporting factors in this market which in my opinion, is ripe to fall.

Do not miss this one!

Gregory Mannarino @marketreport
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Great video Greg. The action in this the market makes no fundamental or technical sense whatsoever. It's a clown show. I had to quit watching the daily financial channels. I'll watch a little bit, but most of the mainstream analysts can't believe the bile they spew, and if they do really believe the crap they peddle they need to call the men in white coats to come take them away. Metals are up now, but they'll get smacked in short order, which I'm fine with, I'll just buy more. Have a great weekend brother and go get some sun! :) Great video as always.

When will this corpse rot?

again thank you and you are right to call this that way and we do trust you more than those on the main stream media and we upvotd this video too

I actually love watching the Dollar move lower and lower by the day. So nice.

Gold seems to be breaking out of a long-term DownTrend/Triangle. I hope this is the beginning of the end to the Gold and Silver Manipulation.
Thanks Greg!

They are killing the dollar. That is the plan. They need to introduce a world currency that is gold based to replace the dollar. Bitcoin and its contemporaries are tests to see which one will be used. It is manipulation all over the place. - Thanks Greg

Absolutely awesome video @marketreport full of knowledge and full of facts.

The USD is under so much pressure that my local currency (CAD) is starting to rise against it. Almost time to book a vacation to Florida! At this rate of adjustment, I should be able to make the NASCAR final in Homestead with Canadian dollars on par!

The dollar doesn't seem like it will stop dropping. It is getting absolutely slaughtered.

Eyes on the Dollar...Hit Again!

Killing that Dollar.

Dollar JoeJustJoe to the rescue! :-)

What do you think about bitcoin cash?

My opinion is that Bitcoin Cash protocol edits should have happened a long time ago. Like the split in Ethereum, both block chains are going to hold a value, when transactions on BTCcash get cleared in minutes without the thousands of unconfirmed transactions we see with the current protocol, people will start to shift, especially the merchants that suffer waiting for purchases to clear. Ultimately though BTCcash though faster than Bitcoin, will still lack the ability of Litecoin and DASH for rapid transactions, and will find it hard to maintain a secure mining network. Why spend the power(electricity) to mine 12.5 coins worth $30 when the same effort could earn you $2500/coin.

I would like to hear some thoughts on this also.

Did you see that coinbase said that they will not adopt it and plan to continue only with BTC? I think that is significant.

Bitcoin Cash is a short of a lifetime if you could actually short it. Do they actually trade those futures in BTCC? Now trading above $380? I mean WOW! What a windfall if you could actually just make a bet that it sees a particular price on the day it actually starts trading. Do you know any way to do that?