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Gregory Mannarino's  Instablog

Gregory Mannarino
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I started my financial career working for the securities and trading arm of the now defunct Bear Stearns before thedot-com bubble. I am an active trader of the capital markets. I have published several books pertaining to finance, global economics, and equity trading; My most recent book is... More
My company:
TradersChoice.net
My blog:
MarketReport
My book:
Ultimate Guide To Money And The Markets..
  • Gold Has Outperformed Every Currency On Earth, And It Will Continue To Do So.

    (click to enlarge)

    It's incredible how many dollar bulls are out there, and how quick they are to put down, or try to downplay gold. The funny thing is gold has outperformed the dollar (and every other fiat currency on Earth) across the board for decades and will continue to do so.

    Let's harken back to just 2008, the same year the housing/credit bubble burst. At that time an ounce of gold cost roughly $800 an ounce, and today it's more than $1,200, that's a gain of 50%. What this means simply is it now takes many more "weaker" dollars to buy the same ounce of gold, a trend which will continue until infinitum.

    Will gold fluctuate in value based in dollars or any other fiat currency? Sure it will, but over the long run gold, silver, platinum, and palladium, will continue to outperform paper.

    I am certain that this short article will infuriate many dollar bulls out there, but the fact is there is no disputing this. (Please have a look at the chart at the top of this page).

    World central banks have been destroying their currencies since well, always, and this simple fact has vaulted gold higher. Since we are all well aware that gross monetary mismanagement by central banks will continue in perpetuity, the place for you to be is clearly in hard assets.

    *For you dollar bulls out there, you have been wrong for decades. So what makes you think you're finally going to be right?

    Related video click here: Dollar Bulls Have Been Wrong For Decades!

    Happy trading!

    May 21 10:46 PM | Link | 5 Comments
  • Traders Are Positioning For A Stock Market Drop.

    It seems that this "fantasy land" stock market just might be getting a dose of reality soon, as traders are betting on this market falling.

    Have a look at this options statistics sheet from today 5/21/15 on ticker (NYSEARCA:SPY) the SPDR S&P 500 ETF Trust.

    As is plain to see the ratio of calls to puts is greatly skewed towards puts. More importantly is the open interest which is nearly 2:1 in favor of puts.

    What this tells me as a trader myself is, despite the mainstream stock market cheerleaders doing cartwheels around the office as the market hits new highs, the sentiment among traders is this market is ripe to fall!

    Happy trading!

    May 21 5:18 PM | Link | 1 Comment
  • Stocks May Be About To Fall Hard.

    Just yesterday I wrote a short article on this blog in which I outlined how I believe that stocks are about to make a big move, but the real question was up or down. Here is a link to that article: A BIG Move Is Coming For This Market, Soon.

    After observing today's market action I believe that a big move down is more likely and soon.

    At the close of the trading day today the ratio of calls to puts on the broader market is clearly favoring puts. Meaning traders believe (me being one of them), that stocks are about to take a hit.

    As far as I can see barring any surprises out of the Fed. Minutes which are due out tomorrow, this market is ripe to fall.

    A June rate hike by the Fed. Has all but been written off by this market, which also continues to shrug off round after round of bad economic news again on the belief that the Fed. Will continue to backstop any fall in stock prices. But if there is even a hint of hawkishness in the Fed. Minutes tomorrow this market may drop, and hard.

    Happy trading!

    May 19 9:08 PM | Link | 3 Comments
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