Gregory Mannarino – Proof ‘Something Horrible Is Coming!’ – Everything Is Going To Come Crashing Down On Our Heads

Tuesday, July 28, 2015
By Paul Martin

By Susan Duclos
All News PipeLine
July 28, 2015

In the latest release from trader and stock expert Gregory Mannarino, we are told by both his video from July 27, 2015 and with charts and a detailed explanation on his Seeking Alpha blog that ‘something horrible is coming.’

Mannarino asserts that it is a mathematical certainty, using China’s latest actions as an example, that when a government or central bank attempt to “prop up” or “fix” a market using artifical means, it is doomed to fail.

Offering what he calls “absolute proof that governments do not fix problems, they only make them worse by intervening,” Mannarino connects what we have been watching happen to China’s stock market to the rigging and manipulation the Federal Reserve has been practicing, to offer the following conclusion:

The worst part of all this is the global debt crisis, of which we are in right now, also cannot be fixed by any intervention of central banks colluding with their governments. Further, a terrible price is going to be forced upon the citizenry of the world because of this action. The only job of the markets is to determine fair market value, and when governing bodies of any kind attempt to interfere with that mechanism only disaster will come from it.

In March 2015 John Crudele of NY Post reported “Stock market rigging is no longer a ‘conspiracy theory’,” as he quoted Ed Yardeni, a longtime Wall Street guru “who isn’t one of the clowns of the bunch,” as stating ““These markets are all rigged, and I don’t say that critically. I just say that factually,” he asserted on CNBC.

The “horrible” thing that is coming according to Mannarino is a “global financial meltdown.”

The Rest…HERE

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