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USMC_6115USMC_6115 Posts: 3,004 ✭✭✭✭✭
edited April 2, 2020 4:00PM in Precious Metals

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Comments

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Put your tin foil hat on.....The rabble rousers will be having a field day....Look at that idiot that just ran a locomotive off the tracks in an attempt to ram the USNS Mercy in port. Stupidity will soon prevail....well, even more than usual. Cheers, RickO

  • derrybderryb Posts: 36,772 ✭✭✭✭✭

    PMs don't protect from zombies. Buy them for dollar protection.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • selling3selling3 Posts: 166 ✭✭✭
    edited February 4, 2021 7:50PM

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  • USMC_6115USMC_6115 Posts: 3,004 ✭✭✭✭✭

    @selling3 If you're referring to my post, it's not a joke. There are lots here that listen to Gregory Mannarino. I haven't ever seen these two together and I was asking for opinions.

    Do you have anything to add?

  • selling3selling3 Posts: 166 ✭✭✭
    edited February 4, 2021 7:49PM

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  • USMC_6115USMC_6115 Posts: 3,004 ✭✭✭✭✭
    edited April 2, 2020 4:03PM

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  • jmski52jmski52 Posts: 22,793 ✭✭✭✭✭
    edited April 2, 2020 4:19PM

    Mannarino makes plenty of valid points, as does Lynette Zang. He exited ALL of his stock market positions on the Friday before the collapse began. As a bare minimum, that's one heck of a call for a heavily invested trader in stocks.

    Consider this: the Fed, a completely private syndicate is creating "unlimited" currency to buy stocks, ETFs, mortgage-backed securities, and is "lending" unlimited dollars to other central banks around the world to do the same thing.

    And they are buying these assets at a time when they are the most depressed in the past how many years? He makes the point that this is an engineered crash. BTW, he's not allowed to say "bioweapon" on youtube. You have to ask yourself, why not?

    Question - how is it that the Fed can simply start owning assets with imaginary money? Period. How?

    https://youtu.be/wkMHcvHkPv4

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • blitzdudeblitzdude Posts: 5,886 ✭✭✭✭✭

    Don't worry life saving supplies are on the way from the chief. If you have doubts don't worry you can go buy a "essential" gun and possibly even a big mac. Semper Fi!

  • USMC_6115USMC_6115 Posts: 3,004 ✭✭✭✭✭

    @jmski52 Thank you for the type of answer I was looking for.

    Apparently is was a stupid question

  • USMC_6115USMC_6115 Posts: 3,004 ✭✭✭✭✭

    @blitzdude I already have plenty of guns and ammo... I must have missed the part in the video that mentions guns and big macs...

  • jmski52jmski52 Posts: 22,793 ✭✭✭✭✭

    Laura Ingraham reported last night that a whopping $370 million (out of $2 trillion) is going to small business loans and non-profit relief organizations. If my math is correct, that's 0.0185% - less than 0.02%. Wow.

    With 10 million people filing for unemployment in just 2 weeks, and the projected unemployment to be 34% (compared to the Great Depression @ 20%), it seems to me that there's a lot of brand-new imaginary money going to "someone else's" benefit.

    And that's just the first $2 trillion installment, with another what, $2.3 trillion already fast-tracked by the self-important Congress who are taking a 3-week vacation. Yup, it's a real crisis for them. Apparently, not so much.

    Mannarino makes some chilling observations. Watch some of his videos if you really think he's wearing tin foil - but watch the videos and decide for yourself.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • USMC_6115USMC_6115 Posts: 3,004 ✭✭✭✭✭
    edited April 2, 2020 5:11PM

    @jmski52 Thanks, I appreciate your responses. I also listen to Mannarino and like his videos... I suppose I should have been more clear in my OP, As I said, I never seen those two in cahoots and was basically asking are they only trying to sell metals. Zang being a dealer... I agree Mannarino does make chilling observations and that was part of the reason I mistakenly asked for other opinions here.. thanks again for YOUR responses

  • jmski52jmski52 Posts: 22,793 ✭✭✭✭✭

    There's no reason not to ask for opinions. People need to be educated instead of being buttonholed by the msm cabal.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • CoinHoarderCoinHoarder Posts: 2,582 ✭✭✭✭✭

  • cohodkcohodk Posts: 19,069 ✭✭✭✭✭
    edited April 3, 2020 4:15AM

    @jmski52 said:
    Laura Ingraham reported last night that a whopping $370 million (out of $2 trillion) is going to small business loans and non-profit relief organizations. If my math is correct, that's 0.0185% - less than 0.02%. Wow.

    https://www.natlawreview.com/article/sba-loans-under-cares-act

    $350 BILLION.

    You either heard incorrectly or was incorrect reporting by Faux News.

    Factual information, rather than misinformation or speculation, often leads to the generation of more reasoned and logical thinking.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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