In his latest update, former Bear Stearns trader Greg Mannarino discusses the massive exodus of the retail investor out of the equity markets.
Who is buying equities in bulk?  That would be Mr. Brian Sack, head of the Federal Open Market Committee, better known as the Plunge Protection Team.

Mannarino’s full update below:

  1. More of these investors are going to put their dollars into precious metals since they will realize that these metals are the ones that will protect their purchasing powers while everything else that has relations with fiat currencies are going to collapse.

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