Greg Mannarino: Gold and Silver Are Going Up, Cash is Going Out of Style

Financial analyst Gregory Mannarino says, “The Federal Reserve is going to print into oblivion. Why? Because cash is going out of style.” It was recently reported the Fed is buying 90% of U.S. Treasuries. Mannarino contends, “The Federal Reserve has to go out and buy Treasury bonds. It they don’t do this, it’s over . . . the system collapses. The Fed is now the lender of last resort.” Mannarino predicts not only America, but the world, is headed for a collapse. “Nothing they do now can change the trajectory we are on, which is the mother of all collapses of the financial system–on a global level,” says Mannarino. When that happens, what is going to happen to all the asset classes? Mannarino says, “You got to be nuts to buy 10-Year Treasury bonds . . . . At some point, it will be the free market that will decide fair value with regard to everything across the board, including debt.” Mannarino thinks interest rates will spike and “commodities are going to go to the moon . . . gold and silver are going up over the long term.” Join Greg Hunter as he goes One-on-One with Gregory Mannarino.

 

Comments

  1. Mr Mannarino never says anything new. He doesn’t tell us anything we don’t know. He even takes a long time to that! 

  2. Greg Hunter why do you lower yourself  to your Namesake Greg Marinnaro. He says we are going to collapse in a matter of months. Hell he has been saying that for a couple of years now. What a waste of air space.

    • Sooner or later he is going to be right and I am thinking sometime next year the dollar or euro will fail.

    • @ Charlier – In all due resect charie you cannot discredit him off a chystal ball collapse date, no one can pinpoint a date as no one can . Greg is an honest guy and I enjoy looking at charts and I just got done reading his newest book. This guy was working wall street as trader, so I think he has very pertinent information and knows by the data it will colapse. Maybe he shouldnt call many precise dates for collapse. All you have to know is that he sees it coming and its hard to pinpoint a date. Maybe he should hold off on the date but he is a wellspring of information because he knows wall street. Greg will be proven right its just a matter of time. My guess personally  would be between 2014 to 2019. The numbers are there and just like laws of nature its inevitable that it will come down. BTW Gregs book was a realy god read 

      **Ron Paul called the housing bubble YEARS before it happened. Most people would write him as a cook, but lo and helod it happened. Because once you see a bubble escalating it’s not hard to call a bubble crash. It’s pinpointing a date that is hard to do because there are so many factors.

      -dC* 

    • Duh! Of course we are heading for a mathematically inevitable collapse! Everyone on this website can predict that the collapse will happen because it is way too obvious.

  3. Hold on! Are people actually starting to wake up to this fraud called Greg Mannarino?  No freaking way!  So it’s just not me that might actually see that this guy doesn’t understand much of anything.  Actually this video wasn’t all that bad but it’s info that most of us understand better this this guy.
     
    Here is a classic call by Mannarino.

    The video cannot be shown at the moment. Please try again later.

    And here is what he said about the repo market by the Fed.
    “The Fed. has not instituted “repos” in the last 4 years. The Fed. continues to print epic sums of money and is buying assets with them, this is defined as quantitative easing. Thanks, Greg.”

    Oh really Greg.  Well just go the the New York Fed website and see their transactions.
    http://www.newyorkfed.org/markets/omo/dmm/temp.cfm?SHOWMORE=TRUE

    Here is a great website about the repo market.
    http://repowatch.org/2012/07/23/the-federal-reserves-century-long-affair-with-repos/

    The Federal Reserve’s century-long affair with repos
    Although the Fed has recently stopped doing repo transactions and is using a strategy known as “quantitative easing instead, it has made clear that the repurchase market continues to be a key arrow in its monetary policy quiver.
    So Greg thought QE3 was the start up of the repo market.  According to this website that specifically deals in the repo market of the Fed said QE isn’t a repo transaction.  And people still believe that this guy understands the Fed, markets, and can predict future trends.  He doesn’t even understand the Fed’s daily operations but he can predict what is coming and warn all of us.  Come on and I wish Silverdoctors would reconsider posting his videos.  This website is beyond this elementary hack.  

    • Amazing how Mannarino has morphed from being a poker expert to a money expert.  But hey, it’s all casino gambling.  Wall Street. The Vegas Strip.  No different.
       

  4. Sheeesh, Why everybody gotta pile on Mannarino if he helps the novice wake up and start stackin?

    • You are right! By creating more new videos on old topics, the videos will update the fundamentals of gold and silver so that people won’t be forgetting about them over a period of time.

  5. Also, the Federal Reserve itself has admitted publicly that QE infinity is a reality. So because of QE infinity, the US dollar supply will continue to rise which will cause from inflation to hyperinflation. When that happens, gold, silver and other commodities’ prices will skyrocket at the same time.

Speak Your Mind