Lions, have a look at this.
The chart below from today, 5.16.17, (as of 5:15 PST) is showing a hard sell-off in the stock futures market.
There is also a strong move into the "perceived" safety of bonds, (circled is the 10yr yield) down 13 basis points from just 2 days ago-this is a huge move in a very short period of time.
This action going on right now along with the continued sell-off in the US Dollar, (check out this article I wrote titled) "ALERT: The US Dollar Is Now Being Dumped By Investors," Click here: https://steemit.com/money/@marketreport/alert-the-us-dollar-is-now-being-dumped-by-investors-by-gregory-mannarino
tells me that something big may be about to happen, let's all keep an eye on this.
(Get the word out..share this)
Gregory Mannarino
Lookin' good for the metals today, my friend.
I'm a true believer in Gold and Silver, but I also hold onto my Common Coinage "Pocket Change"... Feel free to read a few of my posts...
Absolutely bud, following you.
pocketchange- I'm findin you everywhere!
I hope that finding me everywhere is a good thing... lol... Pocket Change...
yep....and I always pick up stray pennies... ;)
If the Dollar sell-off continue there is a good chance that James Turk is correct and a short squeeze will start soon.
http://kingworldnews.com/james-turk-gold-silver-shorts-took-a-big-gamble-and-might-lose-their-ass/
Hopefully the manipulation cant handle the big demand on paper silver for a while!
Thanks, Greg!
I am trying to find out what is driving this. Heard anything??
At least for now it is holding the 2380 level. Question is, what will tomorrow bring?
So it dropped quickly near 2375. I read last night, and this morning, that it is over trump jitters? You would think it was related to the world wide cyber attack. MSM reason for early morning selloff <click it for article
Greg you are a warrior, I swear. Steemit.com thank you for letting us post how we want to!
No clue!
Mr Smooth and Smooths
Greg, you are like a mad man, lovin it. Keep the info coming so glad i started following you over a year ago.
Silver crossed back over the $17.00 threshold a few minutes ago as well.
Glad i added during this last dip :)
Still soooo undervalued!
Keep stacking
My precious...
Then fell back to $16.87 .... which is odd for the Asian market they've been supporting Silver
I am sure uncertainty is playing a part.
Great heads up Mr. Mannarino! Thank you!
Thanks Greg!
Good heads up! Things are getting bumpy. Batten down the hatches and prepare for some rough seas ahead.
Have you heard anything? I am trying to find anything news related driving this. Greg
I am wondering if it has anything to do with the TRUMP backlash about Susan Rice's lawyers asking for amunity deal, and Seth Rich's announcement that he was the DNC leaker.
Remember COmey is fired and there is massive backlash from this.. even though he is an HSBC banker lawyer who sat on the board in ENGLAND.. I wonder if such factors might drive some people to sell off now.
In other words I have no idea. But I know these news events happened the past 20 hours or so.
In reply to you here it shows how possibly the wide tangled web is and these types of people are at the pinnacle of world business with their contacts. Something is very difficult out their in their world. We minnions don't even get a look in.
Activist investors? Commodities? Oil? Combo of a multitude of things?
Im researching but nothing makes sense other than carnage.
Thanks, hope silver starts up
Bottom falling out of usdjpy. Going to be fun tomorrow. Thanks Greg
Has anyone heard anything? I am trying to find anything news related driving this. Please let me know. Greg
The networks keep pushing for a trump impeachment,maybe that is spooking the markets,along with the comey firing,just a guess
Have you asked ''The Maestro'' ?
I think the usdjpy ramp is done because of what it is doing to commodities, especially oil. There are so many things going on right now it's hard to pick 1.
Down 110. Hmmmmmm
Have you heard any news which may be driving this?
I used to spend quite a bit of time daily keeping up with the markets, but since I've found you Greg, I spend very little. Your reporting is truthful, concise and spot on . Your service is much appreciated and you are a very valuable asset to many.
Big move on my gold stocks today...turned a tidy profit selling BGM (TSXV) and put the procedes into silver eagles. Oohrah!
It's going to be a wild ride.
Love how your on top of things.
Thanks for the constant flow of info. Hard to find anything of use in the fakestream media.
Greg, technically you didn't circle anything.
You placed an ellipse around the 10 year yield.
:)
Good one!
I always look forward to your video's Greg. Being from Australia, it is always the next day, but it always excites me when I see a RED ALERT!
Precious metals all the way!!
Lets just get a correction overwith already. Its long overdue, Im ready. Anyone following The Man is ready... Lets do this.
Thank you so much for always keeping us in the loop.
I've been dumping my own Fiat Dollars... I still hold onto my Pocket Change, and keep Digital Fiat Currency in the Banks to pay my Bills, but for the most part, I think the Federal Reserve (Debt) Notes are going down and if we're lucky, the Banks will give us back one Cent for each Fiat Dollar we have on Deposit when all Hell Breaks Loose... Thanks for your Post... Pocket Change...
Hi Greg. the real estate market in Canada is taking a pretty nasty dive. The Home Capital Group in Canada one of the biggest lenders saw a major bail in by the account holders that withdrew millions of dollars in the past 3 months.
This looks indeed pretty scary...
One of the things that has really stuck with me that GM emphasizes is that you should always look at what the bond market is doing foremost. The best advice that I have heard in a long time has also come from GM - "Become your own central bank"
Looks like a small drop. S&P -13 is nothing.
I dumped all my fiat dollars and am stacking like crazy. I'm ready. So bring on the Big Change.......... Let's get on with it! Ps. Greg, I follow all your vids. It's like we are old friends! :-)
something has to give .... is there a wake up ... as you have said over the past few weeks the numbers are not adding up .... GDP at .7% and the dow climbing ?
There is a chart on Goldsilver.com that indicates when China's credit contraction cycle is down worls equities lower.
Thanks for the post Greg, wish I had an answer. Hell in a hand basket, so much going on it's hard to keep up. I keep my fingers crossed for Trump , for all of us, I fear were in for a hell of a ride.
Look at a USD/JPY currency pair chart and compare this chart to the S&P500 chart, crazy correlation, USD/JPY also dictates the Gold/Silver price, much keys of this currency pairing. Regards to the Gold/Silver smash that just ended a few days back the USD/JPY was being juiced big time by the central banks, looks to me that it`s just not possible to juice this currency pair any higher right now with the Trump scandal BS, the Seth Rich/Wikileaks connection that means your President is not a Russian agent. McMaster and Preibus have been outed as deep state operatives and will be fired soon. Smart traders and insiders smell blood and will make much fiat on the markets demise. An excellent time to buy silver imo.
Australia Markets are taking dive right now...
Greg, you have been my "goto" for several years now. Thx for all you do. Also remember bo polny's research shows gold to $2000 by end of May. Maybe this is the move. Honestly i hope and pray we all make it through these next few years ok.
Thanks Greg
The MSM is hysterical everyday about President Trump. They credit him with the rally and blame him for the sell off. Something else is happening.
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Thanx... resteemed...
Let's hope people finally realize paper is not safe investment and start investing in gold and silver. The real assets.