Published on Apr 19, 2016
Gregory Mannarino of TradersChoice.net contends, “We exist, beyond any shadow of any doubt, are living in an environment where nothing is real, from the prices of assets, to what is going on with the big Wall Street banks, to Federal Reserve interest rates and everything in between. All of this is being played in a way to keep people believing that the system is working and will continue to work. It’s not going to. Let’s look at the stock market. . . . There is no possible way that these multiples can be justified with the price action of stocks in the overall market. They continue to rise. Nothing is real, and I can’t stress this enough.”
On the trend for precious metals and the U.S. dollar, Mannarino says, “We talked about this last time I was on, and I said we would see the dollar down and precious metals up. This was going to happen. We are going to continue to see more fakery and twisting of this entire system. Right now, it’s upside down and nothing is real. We now are in an environment where the financial system has been flipped upside down just to make it function. That’s very scary. . . . We’ve never seen anything like this in the history of the world. We have now hit 10 years for suppressed interest rates in the United States. It can never stop. The Federal Reserve has never been in a situation like this. We are in completely uncharted territory.”
Join Greg Hunter as he goes One-on-One with Gregory Mannarino, founder of TradersChoice.net.
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