(VIDEO). A Wicked Stock Market Phenomenon Just Occurred, Did You See It? By Gregory Mannarino
In the video below, I cover a particular stock market phenomenon which just happened again! And it is something that we must all pay attention to.
Do not miss this one!
Gregory Mannarino
Another great video Greg, first I want to take a minute and thank you for introducing steemit to all of your you tube followers. This platform is truly awesome. No back to the video, the Fed is bound and determined to keep this market afloat, they will continue to do this untill they are ready to bring it down. King dollar can not stay king forever. Thanks again for all the info
It does not matter what the Fed does. This is a bull market, that is all.
so you think the Fed has no effect on markets?
Greg, do you like the 100% power up steemit, or the 50-50 split?
I go all in SBD and here is why.
https://steemit.com/steem-price/@papa-pepper/warning-are-steem-and-sbd-really-just-monopoly-money#@papa-pepper/re-jtest-re-papa-pepper-warning-are-steem-and-sbd-really-just-monopoly-money-20170523t185100135z
What does SBD stand for?
Steem Based Dollars (I think) I am trying to quickly figure out payment systems here myself. However: many of the "OLD SCHOOLERS" here all seem to do the 100% SBD.
So until I can figure out the how's and why's myself and try to give a honest "no B.S." assessment,.. I'm following the money makers reasons.
Actually, the default when posting is 50/50
That at the present time is 50% Steem Power and 50% Steem Backed Dollars.
SBD are trading at a very nice premium so if your goal is to "cash out" or to "power up" the best option is still the 50/50 payout.
You can then either send the SBD to an external exchange and trade for Bitcoin or other cryptos or use the internal exchange to buy Steem and then power that up..
Many options :)
Thanks for the insight...never really understood it before!!
Right on @jtest !
I was expecting a big drop too. You are dead on with what's happening.
PPT baby!! The stock market got nationalized in 2009.
Excellent point!
Of course the Fed has this markets back. Their plunge protection team have been covertly buying stocks for years now as a matter of "national security".. lol
If we had a free market this fake market would plunge and the wealthy elites would lose the most. The Fed has a mandate to protect them.
You hit the nail on the head! It's a game and they have all the face cards!
@digestingreality
a lot of those wealthy elites are teachers (via teacher's pension) and other pensioners.
I totally agree. It's sad that pensioners are tied to a stock market and economy that's in Decline
those eyes lol
This is incredible!
Be Your Own Central Bank.
B.Y.O.C.B. has become my 'Mantra'.
You are helping so many people Greg. Thank you. We will have you canonised! I wouldn't rush to the Vatican just yet Tho'. :)
If you would like any more 'FREE' artwork (family portrait perhaps), please post me.
Kindest regards
( I intend to give away the steam that @no-more-boxes creates, give to universe and universe gives back). Peace.
Oh that's clever!!!!
It's pretty obvious - the spokesperson comes out and makes a statement as the federal reserve moves to prop the whole thing back up by pumping in a bunch of fiat money. Problem: they are actually buying up our assets with worthless paper - and we keep on letting them.
People are moving away from the Dollar - into Cryptocurrency. That's why crypto's have $70 Billion in them and have skyrocketed over the last 3 months.
IT is all about manipulation. They will bring it all down when they choose to. Not when it makes sense to the NORMAL person. Perhaps they want to make a few more coins off of the market and suck the blood out of the turnip before they throw it out for the 1988 Economist prediction from cover of a phoenix rising from an ashes of dollars and a gold medallion. They need if possible to wait until next year when they are more prepared to force a new currency on everyone. As for me and my household it is silver, gold and crypo
Thanks Greg for telling me about STEEMIT, watch your videos on YOUTUBE and really enjoy your content!
i, also want to give thanks to Mr. Mannarino for introducing me to steemit on his utube videos. i've made 5 blogs in just a few days, hoping to add to the community. you will be my first follow and of course an upvote, also. thankyou.
I can sense a loss of control creeping under the edge of the rug. Something evil this way comes (for central banks that is). People are losing confidence in the system, and the increase of total crypto-currency market cap directly reflects this.