Fed Wealth Creation Machine from Hell-Gregory Mannarino
By Greg Hunter
December 16, 2013
Trader/analyst Greg Mannarino says, “The Federal Reserve has re-inflated the bubble that burst in 2008. That bubble was inflated on purpose, and this bubble is being inflated on purpose as well.” Mannarino goes on to say that the Fed will “. . . burst these bubbles and allow big Wall Street banks to short it all.” Mannarino charges the Fed made a “wealth creation machine from hell. . . . It is theft from most people and transferred to one or two percent of the population.” As far as Bitcoin is concerned, Mannarino says, “They will crush this at some point. I think it’s a dead end.” What about gold and silver? Mannarino claims, “There is an inverse bubble in regards to gold and silver . . . When these bubbles burst, money is going to go into suppressed assets like gold and silver.” Mannarino predicts, “When one of these bubbles bursts or starts cracking, they are all going to burst simultaneously– boom, boom, boom!” Join Greg Hunter as he goes One-on-One with Gregory Mannarino of TradersChoice.net.