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RE: ALERT VIDEO: The US Dollar Continues To Dive, With No End In Sight! By Gregory Mannarino

in #money7 years ago

Creating inflation is the easy part - the hard part will be to keep it from running away into hyperinflation. That can easily be coming for us. Then everybody who doesn't hold real values like PMs or property will be screwed.

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I'm really hoping against HYPERINFLATION. I don't want to see Venezuela up close and personal here in the USA.

Nobody wants to see that happening, but there is a good chance it will. Not only in the US, but in Europe too. The strategy of creating a "controlled inflation" of 2 or 3% is delusional in my opinion. The delay between flooding the economy with money and the beginning of the inflationary effect is too long. By the time the inflation sets in, there is far too much money around to make it stop at 2% again.
Yes, it will be ugly.

Very nice comment. Yeah I am scared of hyperinflation. I hate that the FED is always talking to use as sheep. I wish they would treat us a grown @$$ people and talk to us about the truth and what we as a people really need to do. Share with us the real truth and let us really give an effort of fixing things. I know, I know...they are only the messengers and the real problem are those behind the scenes that want to control us enslave us. I just wish that there was someone that was 'real' to help us and to show all those blind sheep that things are not real and a bed of roses.

Amen to that!!!!

If everybody understands the reasons of the hyperinflation, I would take it everyday to make it end as quickly as possible. But since only 5% are awake, there will blood on the streets. It's sad to see what will happen. Watch it go.

Buy weapons, get trained

Time to buy ruger, it just filled the 61$ gap on the downside, but there's a 65$ gap on the upside to fill.

Seems about right...but only if RGR sells off to below $60 first.

I "obviously" meant do buy RGR unless it breaks below $59...58.85 to be eggzact. :-) That's the importance of "knowing" what MUST happen before you initiate a trade. By waiting for the scenario to take place, many times new signals come in at lower/higher prices. The MOST important thing any trader must keep in mind is to be patient and wait for your minimum target to be achieved. RGR is not a buy now unless today's low gets taken out. And if it continues lower from here the initial buy target gets lowered also.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=rgr&x=36&y=4&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

hey joejustjoe (learning here) why does todays low have to be taken out to make it a buy

Becuz that's what the market dictates. That's about as simple as I can put it. I could give you the complete overview of the trading machine I invented but since it is "proprietary" and worth 1000X the current bitcoin price...I doubt you would be able to afford to find out why. :-)