It. Okay, everybody, here we go. It’s me, Gregory Manorino. Friday, March 15, 2024. This is my pre market report. Let’s start off with this. We heard from none other than. Hi, Greg. Yeah, we heard from Janet Yellen on inflation. Now, let’s step back just a moment here. Creature Yellenstain, she was one of the first to come out here explaining to all of us, or at least trying to sell us on the lie that inflation was transitory, inflation was temporary.

She was floated out on every single propaganda ministry channel, repeating the same nonsense over and over again. But now she’s changed her tune just a little bit. Now, this is what she had to say. So this is just yesterday. So, creature Yellen, inflation decline. For which inflation is not declining. We all know this by their own numbers. It continues to rise and rise and rise and rise, as you and I have said it would.

So inflation decline may not be smooth. Look, what this thing, creature, can’t tell you is that inflation is going to continue to rise, because that’s the plan. And you all know this. Look, the people of the world are being played yet again on a grand scale. It’s a deception on an incredible scale. Central banks are going to continue to inflate because that’s their number one way, their only way, honestly, their only way that they can gain power.

If we can take that power away from a central bank, just one, we could start a domino effect and central banks around the world would collapse. Until that time, we are all going to remain slaves to their system, which means we cannot be free. All this talk about freedom, and I’m proud to be an American, because at least I know I’m free. You’re free to do nothing, okay? You’re free to live under their system.

It’s just a joke. And the joke is being played on every single one of us. And nothing gets my blood boiling more than that. You can’t make it up. It’s impossible. Now, something else that’s going on, and you and I again, have been so far ahead of the curve on this. At the end of last year, we said a few things were going to happen, and one of those was layoffs, mass layoffs.

While more companies, corporations are coming forward saying, guess what? You’re going to lose your job. More layoffs are coming. You can’t make that up either. And this is going to be the theme as well for 2024, with war expanding and funding for wars and everything else here. It’s exactly what you and I have said would happen. It’s an incredible thing. Now, Morgan Stanley. Now we’ll understand. Morgan Stanley.

Morgan Stanley has been warning and warning and warning and warning on this market. Oh, it’s going down. And this, and it’s done nothing but go higher. Okay, lovely. We got the same. Well, I wouldn’t say the same, but we got this other warning yesterday from Morgan on the economy. Well, the economy ain’t doing so good, and that’s a fact here. So Morgan Stanley is now saying, expect much higher prices for crude oil moving forward.

Now, you and I, we knew this already, but what is this actually saying? Let’s tie this into what Janet Yellen just said. If you and I understand that all the things that we buy have to make it to the stores via some kind of shipping one way or the other, and if crude oil is going to go higher, which it already is in this an uptrend, and the more that we bomb the living hell out of the Middle east, the higher it’s going to go.

As you know, this is a game as well. Well, we’re going to be paying more for everything as well. So inflation. Higher, higher. The cost of living? Higher, higher. The pressure on the middle class more and more and more. The slave system, the slave creation system is going to accelerate more. So again, what are they trying to do? Create dependency? Create dependency on the current system because a new system is coming, a system of control like we can’t possibly imagine.

And this is going to look, I expect there to be great disharmony when it comes to the presidential selection. It’s not going to go the way people want it to go. I’m going to tell you right now. And people are going to be up in arms. And this is what they’re hoping to achieve. A violent protest so they can take more of our freedoms, take more of our liberties, and they’re going to give us just enough rope to hang ourselves.

It’s what they always do. So anyway, going back to the economy and more corporate layoffs, let me explain this to maybe another way. We haven’t seen anything yet with regard to the downfall of the global economy under the rulership of these central banks. Who are the enemy? They are the enemy. And one more time, they are the enemy. And no person on this planet detests central banking more than I do.

It’s the truth here. We all know how it works. The entire world is governed by a handful of people. It ain’t presidents, it’s dictators, it’s the central banks. They run it all. They control the economy, the financial system, the financial markets, they control the money, which means they run it all. Okay? And of know, like I said, you’re going to get more nonsense like this. Let me ask you this.

With regard to Yellen here, do you think that she should be forced to step down as the US treasury secretary, former Federal Reserve chair, who’s doing nothing but lie over and over and over again? How is it maybe some of you out here can explain this to me as if I were a small child or a golden retriever. Explain to me why there is no accountability anymore. Why is it that? I mean, look, we have no voice anymore.

You know that it used to be the job, believe it or not, of the media outlets to keep things in check, but now it’s all bought and paid for. They all get a script. I showed that to you yesterday. They’re all using the same word. After we got this wholesale price, PPI came out yesterday, producer prices way higher, twice as high as so called economists thought they were going to be.

They got the same script, they’re using the same word. Inflation is accelerating. It’s accelerating. It’s not going higher, it’s accelerating. It’s amazing. And people don’t. They’re being manipulated. If people were told that despite all of the nonsense, the garbage and the propaganda, that everything that they’ve sold us is a lie and will continue to be so, then maybe we’d get some kind of a reaction. But I don’t think so.

See, you and me, the people that follow this blog, we get it. And unfortunately, there’s not enough here. I always say if I were eating tide pods, licking toilet bowls, I would have millions of followers. That’s the state of affairs in the United States today. But if you come out here and you try to outline to people what’s happening to them, what do they do? They hate you for it.

They call you every name under the sun and you become the enemy of the state. Because, you see, people cannot handle the truth. They’re so used to being lied to from the get go. Let’s look over here at the market. Stock futures this morning are slightly higher. Yesterday we had a fear trade. That inflation report coming in much worse than expected, spooked the markets. We got a sell off in the debt market, a ten year yield jumping to 4.

3. It’s come down just slightly as I am doing this video blog. Anyway, markets don’t open for about an hour from now. Could change. We’ll see where that happens. We had the knee jerk into the dollar. Clear fear trade. I don’t think it’s going to last. It’s not going to last because again, the Fed will be cutting rates. They will be cutting rates. There’s no doubt about it.

And they’re going to do this. People in lockstep with the European Central bank, they have a stranglehold on us all. And this mechanism here is just another avenue to allow central banks to inflate, period. The end. They already got the economy by the throat. They got the people done. The consumer, it’s over. Anyway, look, that’s the situation now. Let’s talk about a couple of other things. Gold right now is flat.

Silver is catching a bid. Crude oil under a little bit of pressure after some pretty nice gains as of late. Now, bitcoin, I want to talk a little bit about bitcoin. Bitcoin appears to have broken below support. Okay. So we may see some more price action to the downside here. But look, if you’re anybody out here who thinks we have seen the top for bitcoin, you are so off base, I can’t possibly tell you bitcoin is going to, it’s going to blow people’s minds as to where this is going to go here.

So in my opinion right now, every pullback, every drop in the price action of bitcoin should be bought. Cryptocurrencies in aggregate are going much higher once we get this meltdown in the debt market. The debt market meltdown is going to be something that people, it’s going to take the world by surprise. That’s number one. Because we’re going to get a sell off so fast and so rapid at one point, and people better be ready for it.

This is where you got to be diversified. You got to be betting against the debt becoming your own central bank for now. Stay long. The market, okay. You and I know what to look for. And me, it’s my job. I consider it my job and my honor to keep all of you ahead of the curve. I will promise to continue doing that and I will never let any of you down.

I will never let you down. All right, people, that’s my morning report here. I hope you got something out of it. If you did, please let me know what you think. Comment here. Please share the video. Get it out there. Those thumbs up are extremely valuable. All right, I will see all of you later. 400 and 05:00 p. m. Eastern for my live stream. It’s going to be beautiful.

I hope to see you there. All right. Until then, take care of yourselves and take care of each other. Bye. .

See more of Gregory Mannarino on their Public Channel and the MPN Gregory Mannarino channel.