Okay, everybody, here we go. It’s me, Gregory Manorino. Tuesday, January 16, 2024 pre market report. So let’s do this. First off, if you are paying any attention to what’s happening here, you’re watching a significant jump higher this morning with regard to the US dollar on a relative strength based this. And this is putting a little pressure on gold and silver right now. But let’s examine something else just real quick.

So, as we all know, as is standard procedure, okay, weekends, holidays, aftermarket hours, these attacks from the Houthi rebels just happened to occur. It’s miraculous, actually. It’s not just the Houthi rebels. This is a phenomenon that goes on constantly. These supposed attacks happen all the time without wavering, without exemption during weekends, during holidays, during aftermarket hours. That should alone should tell you something. Okay, now we understand what happened after market hours last week, Friday.

These apparent multiple attacks from the United States and its allies. Now, their new coalition partners, all non BRICS nations, on targets in Yemen because the iranian backed Houthis are hanging out over there. Okay. And we watched how the ten year yield dropped. Nice. Definitely stock market positive. This morning, though, things are a little different. Ten year yield rising above 4%. The dollar this morning, knee jerk higher. That’s fear.

Fear. Why? Okay. The market is anticipating something. What could that possibly be? Well, let’s look back at what else happened over the weekend and the holiday weekend and yesterday. So, apparently, those pesky Houthis that are backed by Iran, remember that they fired two missiles, one at a us destroyer that was intercepted, apparently, and a second one at a US owned ship which hit it, but caused no damage whatever.

So the market is a little fearful about what may happen here because our illustrious president, he’s just a beautiful man. He’s already threatened to hit more targets over there if the hooties don’t stop, because they’re very bad. It’s amazing how they’re selling this to people here. They want to draw Iran into this so bad. The United States, the UK especially, and the coalition here wants to draw Iran into this so bad, they can taste it.

And again, we covered this. Right now, the Pentagon right now is planning on how they’re going to sell this to the american people. And that’s worrisome to me. It means more people are going to die, unfortunately. So anyway, on the back of these on the weekend attacks, holidays, and after the market closes, the market is a little fearful about these missile that were fired by the bad, bad Houthis.

You know, look, you buy any of it I think it’s all just all propaganda. It’s all, again, a game that they play. They knew where the missiles know, the ones that Iraq was hiding. They knew exactly where they were, but they couldn’t find them because they were never there. Oh, but the american people bought that hook line in sinker as well, and there’s no accountability. Look, they can do whatever they want.

They string the public along. It’s an incredible thing here. It’s sad because some people believe it’s all true and it’s just not. It’s a means to an end. This is all central bank run. They’re determined to fulfill their goal. And with regard to fulfilling their goal, look, in case you guys and girls think it’s over, we are in a full blown, full on liquidity. Cris. Liquidity is drying up.

Even though the world, I want you to consider this. It’s an astonishing phenomenon. Even though the world today is carrying its largest debt load in the history of the world, humanity, central banking or whatever. Again, that’s the nature of the beast here. The debt based economic model. There’s not enough of it. There’s not enough debt. I know how crazy that sounds, but that’s the nature of the beast.

The debt based economic model is a perpetual black hole. It is an economic vacuum. That’s all it is here. You have to understand. And it just won’t stop. It’s not designed to stop until central banks decide to pull the plug. What are they doing? You know this already. They’re setting up all the groundwork here for a new system, a new tokenized system. They have to dismantle the current one first, and that’s exactly what they’re doing.

Do you think it’s any coincidence? Why today, the world, the world today, not just here in the United States. People live in boxes. They think it’s just happening here. But around the world, the world economy is in free fall. The consumer is being destroyed, all by design. More slaves to the system, more dependency. All the stuff you and I have outlined would happen from years ago. Here it is.

It’s in our face. And in case you don’t know, this is about to get much worse, because central banks are not done by a long shot. And a lot of this right now, I mean, they’ve already set the groundwork up here. More war, more pain, more death, more suffering. To pull more cash into the now, to fake liquidity, the illusion of liquidity. And again, with this ten year yield now bumping above 4%, it’s not going to last.

I don’t care. It’s not going to last. And then you got the freak show, you got this Federal reserve derelict in Basil and this other one, they’re floating. Oh. Rates are going to remain higher for longer. Nonsense. It’s just the game that they always play. They say one thing, they do the polar opposite. They got the economy where they want it, okay? It’s over. They got the consumer where they want it over.

Now their next phase here is to pour more easy money into the market to keep it buoyed. So this 4% on the ten year yield, I’m not saying it won’t go a little higher. It’s going much lower as we move forward, how they will do that in the immediate timeline is again, watch what’s going to happen. More bombs, more missiles, more attacks by the United States and their coalition partners, all non BRICS nations, on Yemen and whoever else they want to point our war machine at with a you and I fund.

Actually, that’s not true. The central banks pay for it all here. We don’t have any cash here. The United States, the largest debtor nation in the history of the world, laughing stock. It’s unfortunate, but that’s actually the whole world. It’s a slave world to central banks who are the government anyway. You all know that anyway. So just watch for more propaganda. Listen for more propaganda, more lies, more distractions, more deceptions.

Does this sound familiar to you? Because I outlined all of this at the end of last year, how this would play out in 2024, the year of war, the year of really off the Richter scale. Deceptions, distractions. Look here. Don’t look over there. That’s what’s going on here. So you can expect all this to play out exactly as we have said it would. Now, on the back of all this, as I said, you got a knee jerk higher than the dollar.

That’s fear. You get the ten year yield higher, not going to last. They’re going to bring it down. Either buy more war or the fed’s going to get in here and buy more debt. This means opportunity. As I outlined yesterday, we are surrounded by not just little puffs of loveliness people, which they’re everywhere, but we’re surrounded by opportunity, in my opinion. Here. Let them play their games. We’re going to play ours.

We’re way smarter than they are because we know what they want. We know what they’re going to do. We know their end game, period. How can we beat? It’s impossible, in my view, absolutely impossible. So with regard to other assets. Well, let’s talk about the major market indices right now. On the back of the ten year yield higher and the new jerk higher in the dollar. That’s fear.

Okay. You got stock futures slightly lower. Nothing major, but lower nonetheless. Gold and silver, as I said, are lower on the relative strength of the dollar, kicking higher. Crude oil higher this morning. Not by much, but higher nonetheless. You got cryptocurrencies holding their own. Bitcoin somewhere is around 43,000, down from about 49,000 just prior to the announcement of this ETF. No surprise that bitcoin fell. You all knew it would.

We outlined it right here. I told people to sell at the top right there. I said, get out of it, I says, and buy again when it drops. I knew it was going to drop. So did you Wall street always sell the news. Sell the news. Sell the news. It plays out nine times out of ten. And obviously that worked here, too. I still believe bitcoin and cryptocurrencies in aggregate are massively undervalued, along with gold and silver in this insane, twisted, upside down freak show of an environment.

That’s just the way it is. People look for opportunity. I don’t know what else to tell you here, and I always have outlined for you, this channel is for people of action, not people who just want to sit back and do nothing. Okay? We need to do things here. We need to understand the current situation, think or conceptualize where this is all going. And I’m telling you, we’re not going to be right 100% of the time, but we are going to be right the vast majority of the time, and we don’t have to be right 100% of the time.

Nobody does. Okay? In this kind of an environment, we’re not performing brain surgery or something. We’re just trying to figure out the most likely places which cash is going to move through the markets. It’s not a hard thing. It’s really not, although they want you to think it is. And they think that we don’t know what’s going on here and what central banks are trying to pull off.

They’re the enemy people, and I mean the enemy, bar none of the highest possible order. It’s only going to get worse from here. I guarantee you that. There’s just no doubt about it. Pretty much, that’s where we stand here. We got, again, risk in this market. This is all about risk. All right. The MMRI this morning, 257, last time I looked at it. It’s not going to last either.

That will be dropping, especially when more bombs and missiles start to fall in the Middle east. And in case you don’t know, that’s exactly what’s going on here, all right? The Pentagon, the central banks that were there, foaming at the mouth. Foaming at the mouth thinking about how badly they want to draw Iran into this conflict. Here again, this is a message being sent to the BRICS nations.

Don’t mess with the petrodollar. That’s all this is. You knew this way ahead of time anyway. All right. We discussed it right here over and over and over again how this would play out. Well, here you go. You see, we got that right again, too. All right, people, look, I love you a lot from the heart. I mean that, all of you, you’re awesome. Thanks for being here.

I will see all of you later. Four five p. M. Eastern time for my live stream. Hope to see you there. All right, we got a lot of stuff to talk about. Have some questions ready for me, and we will address all that later. All right. See you later. Bye. .