100% Proof A Massive Economic Meltdown is Closer than You Think

Since 2009, many have predicted another economic meltdown was coming soon. The FED's Janet Yellen raised prime rate .25% a few days ago...right?

Well, even though she said so there is proof otherwise...no increase.

A few hours ago, Greg Mannarino posted an article on his Steemit page.

SteemitGM
Click link to read full article and see important yield curve charts.

This past Wednesday we heard from the Federal Reserve with regard to monetary policy, and as I predicted they did raise the federal funds rate 25 basis points however, instead of yields rising, they are dropping. More than a year and a half ago I had said publicly that the Federal Reserve's attempt at trying to normalize bond yields would backfire-and this is exactly what is happening. It is clear to me that the Federal Reserve has absolutely lost control of what is occurring in the bond market. Remember, this is uncharted territory, we have never been here before in the history of the financial world-so the Federal Reserve actually has no idea of how the market will react in the current environment with regard to their attempt at normalizing interest rates.

So over coming weeks, expect all hell to brake loose...world-wide.

a reply to: Granite

I have steemit account but i heard it first from Greg hunter on YT talking live with Greg Mannarino.
I have BTC/ETH/DGB & silver.

While I find this topic interesting, isn't a "coming soon" prediction in 2009 (8 years ago) that hasn't happened somewhat of a cause for concern? What exactly is "coming soon"? I mean how many years. Almost seems like one of those buy our gold ads...and as if in a total societal collapse gold would be woth anything as a bartering tool. How would you make change?

a reply to: Granite

For those of us that are not economically minded and can't really follow what that guy is trying to say in that video, could you please explain why bonds are so important.

originally posted by: Norge
a reply to: Granite

I have steemit account but i heard it first from Greg hunter on YT talking live with Greg Mannarino.
I have BTC/ETH/DGB & silver.

Yes, I am aware of their simultaneous Steemit accounts being active about 5 weeks ago...due to Google YT censoring.

I have Silver coins from US Mint.

originally posted by: scraedtosleep
a reply to: Granite

For those of us that are not economically minded and can't really follow what that guy is trying to say in that video, could you please explain why bonds are so important.

Yes, I can.

Greg has said 1000's of times on his daily vlog over the past year "the bond market leads the stock market " in all cases 100%.
This means the long awaited "collaspe" is now weeks...world-wide.

originally posted by: Lab4Us
While I find this topic interesting, isn't a "coming soon" prediction in 2009 (8 years ago) that hasn't happened somewhat of a cause for concern? What exactly is "coming soon"? I mean how many years. Almost seems like one of those buy our gold ads...and as if in a total societal collapse gold would be woth anything as a bartering tool. How would you make change?

Agreed. Also I think about the same thing. Who in their right mind would want to trade another person food or supplies in exchange for some pretty rocks?? During a true shtf event food, water, physical labor , the ability to fight, knowledge, these are the things that will be used for barter.

originally posted by: Lab4Us
While I find this topic interesting, isn't a "coming soon" prediction in 2009 (8 years ago) that hasn't happened somewhat of a cause for concern? What exactly is "coming soon"? I mean how many years. Almost seems like one of those buy our gold ads...and as if in a total societal collapse gold would be woth anything as a bartering tool. How would you make change?

I am aware what your saying because I have lived with that too for 9 years.

Just re-read the article and watch the video a second so it absorbs more.
Now that I corrected the link, you can read the article.

a reply to: Granite

So 100% proof comes from the opinion of a trader/blogger. Not so much in my opinion.

a reply to: Granite

Great thread Granite - I do want to bring something up, and it might not be a popular idea, but I'm wondering if Gregory Mannarino really is who he says he is. Apparently no one can confirm he ever even worked at Bear Stearns as a trader... he earliest YT videos like 5 years ago he does not seem to be very knowledgeable about markets or at least does not seem to present as if he is someone who truly knows the markets. He is convincing now, and he often makes a lot of great points.

But I wonder about him and Greg Hunter, and if these guys are potentially being used as part of the "divide and conquer" tactic, as both of them are somewhat Pro-Trump (even if Mannarino doesn't like to admit it, some of his comments have implied it so), and I've got a funny feeling watching Mannarino and Hunter talk when Mannarino is on USAWatchdog show - watch Mannarino's eyes, he looks very suspect like he is being coached on what to say, or knows what he is saying it just "part of a script".

Let me know what you think about any of this (any one else familiar with Mannarino is very much welcomed to comment as well)

Thanks!

a reply to: Granite

"the bond market leads the stock " in all cases 100%.

This might as well be in another language. I'm not trying to derail your thread I truly wish to understand why this bothers you so much but to do that you have to explain more clearly how bonds lead the market.

originally posted by: whywhynot
a reply to: Granite

So 100% proof comes from the opinion of a trader/blogger. Not so much in my opinion.

Either yourself or Greg M. was the person to call the 2014 US Stock Market peak by two days...

originally posted by: scraedtosleep
a reply to: Granite

"the bond market leads the stock " in all cases 100%.

This might as well be in another language. I'm not trying to derail your thread I truly wish to understand why this bothers you so much but to do that you have to explain more clearly how bonds lead the market.

I will research that info over the next few days and reply to your request.

a reply to: FamCore

I am unaware of Greg M. early years background.

I have watched both Greg's for over a year and have the highest respect for them.
I honestly do not see any "divide and conquer" as you do.

But, I will think about it now that you mention it.

a reply to: Lab4Us

I stopped paying attention to predictions and such. It's inevitable, while keeping up on the twists in turns only distracts from doing the things to hedge ones life to best hope to weather it whatever it may be.

Every child knows...
Balloons tend to blow.

I suspect if we dig deep enough, we will find what the guy is selling as our salvation and how much he stands to PROFIT from his "prediction"...

I'll freely admit I could be mistaken, but in my experience if it walks like a duck, talks like a duck...well, you've all heard it before...

originally posted by: Lab4Us
I suspect if we dig deep enough, we will find what the guy is selling as our salvation and how much he stands to PROFIT from his "prediction"...

I'll freely admit I could be mistaken, but in my experience if it walks like a duck, talks like a duck...well, you've all heard it before...

Greg M. is the few rare exception to that rule.
His website only sells his books not any investments.
Traderschoice

I am not a trader, but people who are traders use his method very effectively and safely.

Well, the economy of this country is a scam, it has been for a while. Scams make it so that there is no real proper reaction like there is supposed to be when something is done. Trump being elected president only reinforced our belief in the stock market and banks, he has not fixed a thing in the way the monetary system works. The value of a companies outstanding stocks is not by any means a judge of a companies worth. Banks invest in the stock market. They are not secure either.

Only by bringing this country back to a sensible economy will we strengthen this country against economic collapse. Technology stocks are the worst as far as asset value of their companies, you are lucky if their stock is worth a penny on the dollar of outstanding stock.

originally posted by: scraedtosleep
a reply to: Granite

"the bond market leads the stock " in all cases 100%.

This might as well be in another language. I'm not trying to derail your thread I truly wish to understand why this bothers you so much but to do that you have to explain more clearly how bonds lead the market.

The prime bond rate affects how much cash is loaned out. An increase in the rate means less cash in the marketplace. This reduces liquidity and slows economic trade on the macro scale. Slowing trade can reduce corporate incomes which can also reduce personal incomes and reduce the value of stocks. This can lead to a feedback loop that causes recession. It doesnt always, but it can contribute when other factors are also contributing

If our economy slows enough, that could burst the student loan bubble or the housing market much like in 2007-08.