Lions/friends. When I say that this market is fake, I mean it is 100% totally and absolutely not-real. There exists absolutely no real price discovery mechanism what so ever. Suppressed interest rates have created EPIC distortions, and this will continue until it doesn't.
Fake Markets. By Gregory Mannarino
6 years ago by marketreport (74)
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What is yr answer to this?
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"...until it doesn't."
And then, you left the fire and climbed out of the cave and saw the sky... and nothing was the same ever again.
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That remark "until it doesn't" prompted me almost to post a similar comment. I would like Greg to do a video on prepping. He does not talk about it very much, but judging from his overall comments I expect his attic to be stuffed with supplies.
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It slips out now and then, but it is not what he is into.
Listen to this weeks Greg Hunter - Greg Mannarino video.
Greg drops some of that stuff.
But seriously, the prepper stuff is dead. A dead end.
Things are not going to go back to normal.
There won't be a crash of the dollar, and a new Bretton Woods system.
There is going to be an ice age,
along with the giant Ag corp crashing
while the monocrop culture fails to provide
during a monetary collapse... neh, a complete remaking of money into cryptos.
So, right now i would look at a farm, and a huge greenhouse with as much passive solar heating as you can design.
I feel that Greg Mannarino is wrong about going back to a two tier system. The rich who have made money off of skimming off the FED, etc. are going to go away. They may have a stock pile of gold, but no one will take it. Gold may even go to $0.
But, also at this same time look at green, local energy sources to come on-line. Look for communities being built practically in the middle of nowhere (road, electricity, water, transport-wise) because those things won't matter. Watch for garage businesses to take off.
But, but, corporations will take over the world for a few decades as govern-cements collapse. But they too will collapse as their product becomes worthless.
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