Market trader Gregory Mannarino says that central banks controlling interest rates have caused all markets to be artificial…
Mannarino predicts the Fed will raise rates a quarter percent. This rate hike has already been priced into the market, he says.
The Dow recently made an all time high. Is the stock market going even higher? “Yes, because there’s no where else for people to go.” But this rise will not last forever, Gregory Mannarino says.
What about Bitcoin? Mannarino likes the idea of a decentralized currency, but he says he no longer can value Bitcoin.
About the Interviewer
Journalist Elijah Johnson, Co-Host of SD Weekly Metals & Markets, vaulted onto the economic scene after launching his “Finance and Liberty” YouTube Channel, to which he’s been called “the 16 year-old smarter than Ben Bernanke”. As one of the youngest sound money advocates around, with a eye on the national debt, the US dollar, and the gold & silver markets, Elijah is on a mission to warn and educate his generation about the risks of the current financial system, and what people can do to protect themselves.