By Greg Hunter’s USAWatchdog.com
Analyst/trader Gregory Mannarino says war should figure into any investment strategy because one is coming. Mannarino says, “It should be clear to people that we are now at a pivotal moment. . . . Whenever the economy in the United States starts to get shaky, unfortunately, we seem to escalate into new wars, and I think that is where we are going. We have spoken about this in the past. This is their grand goal. War is the goal. War has always been the goal. We are already in it, and I really believe this war started a while ago. It’s now really starting to come into the public light, and now we are in the propaganda war. This is what goes on at the beginning of every major engagement.”
Mannarino goes on to say, “It does not matter who is in the White House. The U.S. military is the enforcement arm of the Federal Reserve. . . . Wars are engineered, and they are going to decide how much blood will be spilled to keep this twisted, disgusting debt based economic model going. That’s where we are right now.”
Mannarino says the Fed wants war to get fearful investors into the bond market. Fearful investors will buy bonds, and that demand will drive interest rates down. Mannarino explains, “Does anybody here find it suspicious that the Federal Reserve is talking about dumping its mortgage-backed securities (also called toxic assets) right now and dumping Treasury securities right now? Does anybody find that suspicious right now where geopolitical events appear to be going? If you don’t find that troubling, then you are not engaging your brain. I think the goal here of the Federal Reserve, who is the real government . . . will do anything they need to do to keep power. They don’t care how much blood they have to spill. They don’t care how much people are going to suffer. . . . The Federal Reserve has re-inflated a housing bubble. So now, those ‘toxic assets,’ those mortgage-backed securities are worth something. Now, they are going to sell these at a profit. The profit should be going to the poor people who were kicked out of their houses and lost everything. That is not going to happen. The Federal Reserve has deliberately created bubbles to save themselves. If the Federal Reserve allowed the markets to do it’s one and only job, and that is to determine fair value, we’d be out of the woods by now. We wouldn’t be facing another war right now. They refused to do this. The free market has been stolen. We really could be on the edge of a major event that would force people into the debt market. There could be huge amounts of cash coming out of the stock market because of all this fear. There could be massive amounts of cash going into suppressed assets like gold and silver. Housing could come under pressure. We could be staring at the next real Great Depression.”
In closing, Mannarino says, “The global debt problem is going to get monumentally worse. Let’s see anyone argue that. Does anyone here believe that the global debt problem is going to get better? That should tell you what you need to do. This is like adding 2 + 2. This should be so simple for people to understand what they need to do. . . . If you want to hold those pieces of paper with numbers printed on them, they are unbacked liabilities being dispersed by bankrupted governments. If you want to hold that, good for you. I can promise you I am going to be taking the opposite side to that trade, and I will win.”
Join Greg Hunter as he goes One-on-One with Gregory Mannarino, founder of TradersChoice.net.
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