➡ The text discusses how the global economy is being manipulated by central banks and governments, leading to a massive increase in debt and a decrease in the value of money. This manipulation is causing the stock market to rise while the economy is failing, creating a risky situation that could lead to a market crash. The author suggests that this is part of a plan to transition to a new financial system, possibly involving cryptocurrencies. The author advises readers to be aware of these manipulations and to make informed decisions about their investments.

➡ The speaker believes that politicians, including Trump, are strengthening the Federal Reserve by increasing debt, which in turn boosts the stock market. They suggest that this trend will continue, despite any claims to the contrary. The speaker also questions why gold and silver aren’t being added to strategic reserves, implying it’s because it goes against the Federal Reserve’s plans. They encourage listeners to stay informed and vigilant about these financial matters.

Okay everybody, here we go. It’s me, Gregory Mannarino, Wednesday, November 13th, 2024, pre-market report. We’re gonna start off with some economic news, and you’re gonna love every freaking little piece of it. Let’s start off with this. So we got a an inflation report this morning. By their own numbers, again, inflation is rising. Alright, not anything dramatic here, but rising nonetheless. You know, we were told that it was temporary and transitory is gonna get all better. We all understand as well. This is fake. A hundred percent. The real number, three to four times higher than that.

But what else did you expect in this kind of an environment? Let’s move on. Mortgage demand stalls. Really? Wow. How can that be? Our economy is so strong. Now with regard to this, you know, look man, the Trump rally stalls. We don’t know that. Alright, so yesterday we had our first little drop since the selection took place, and it has stalled. We don’t know that. We understand that we are going to see some profit-taking, and there’s another element here that I discussed yesterday that I want to touch on. Actually, you know what? Let’s do that right now.

I tried to explain yesterday that there is a direct correlation between the federal funds rate and the 10-year yield. Yesterday, I mean, look man, this has been reflected in the MMRI for a while. We got a problem here. This debt market sell-off driving bond yields higher, 10-year yield. Now, just to make this as simple as possible here, when you have the federal funds rate, which is currently at 4.5%, between 4.5% and 4.75%, it can move around, and the 10-year yield getting close to par, it’s a very bad economic sign.

Really? Oh, imagine my shock here. The Federal Reserve, again, central banks around the world have been in here buying it all. That’s how they keep rates suppressed. There’s no price discovery here, any asset class, including the debt market. I mean, you have central banks in here trying to fulfill their goal, buying it all, flooding the world with debt. What they do is very simple, and you know this. They issue debt through one door in the form of currency. They buy it back through the other in the form of debt, which they are creating.

It’s a vicious cycle. It’s massively inflationary, and the fact that the Federal Reserve and other central banks are now coordinating to keep rates artificially suppressed, obviously currency devaluation. Then we got this beautiful illustrious Trump selling you the Fed’s plan, which is, of course, destructive economically to you personally as well. But you’re not supposed to know that. You’re supposed to think that rates being low is a great thing. It’s fantastic, and of course, let me ask you something. During the campaign when Kamala was out there, and Trump was out there, and they’re selling you the Fed’s plan that, you know, I promise you lower rates, way lower.

Did you hear either one of them mention that by keeping rates suppressed, it will destroy the purchasing power of the currency? No. To me, you didn’t hear that, right? That is a lie by omission, because if you were told, people have no idea, again, they’re preying on you being stupid, or thinking that you’re stupid. I know you’re not. But when you hear a politician float out garbage like that, mouth vomit, again, preying on people believing that they’re all stupid, why do they not tell you that, okay, I’m gonna promise you lower rates, but they leave out the real important fact of it is, your purchasing power is gonna be lost, and you’re gonna get higher inflation.

Duh! Yeah! Imagine if a politician were to ever tell you the truth. It’s amazing, isn’t it? How they pray on what they believe is people’s stupidity. But that’s, again, what else did you expect? When you have politicians selling you with the Fed and other central banks are trying to do, the Federal Reserve is on your side, right? They’re looking out for your best interest. They got a puppet now. Either one was a puppet, whether it was Kamala that was chosen, or Trump. Trump was obviously, with regard to the market, I mean the best thing that ever could have possibly happened here.

Me, my lions, those of us in cryptocurrencies, and we’re loving life right now. I mean, come on, let’s all admit that. But it’s coming at a price. Anyway, let us move forward to some economic news here. So let me just skip back on track. When you have the 10-year yield par with the federal funds rate, it’s assigned to the market that things aren’t looking too good. Imagine our shock. They’re not looking too good now. We’re being taken apart. We’re being dismantled. The economy of the world. This is what central banks are doing here.

And moving forward, let me explain this to you maybe another way. The world today does not want products made by the United States. They don’t want our dollar anymore. This is the fall of an empire, period, the end. You should know that. So all the promises about whatever jobs we’re supposed to bring back here, the United States, and we’re going to make the United States the economic engine of the world again, these are lies, all of it. It can’t happen. Not only is the world turning their back on America, or whatever’s left of it, this is not America.

This is a corporate state controlled by the government. I think we will understand that. The government happens to be the federal reserve. It isn’t the president. Biden is not in control of the control right now. Neither will Trump be, although you may think that’s the case again. It’s the brainwashed psy-opt that just can’t break out of it. Wouldn’t it matter who won this election here, people? The end game is the same and central banks win. I don’t care what you may think, what fantasy world you’ve been placed in, the same narrative, the same narrative verbatim from last time is being played out again.

And it’s a psy-opt on you. It’s a war, and the war is against you. Anyway, with regard to a beautiful illustrious economy here, here we go again, mortgage demand stalls. Lovely. You already know about this, don’t you? I just told you. This, we don’t know where this is going right now, people. There’s going to be a moment of reckoning. Right now, we ride the wave. Now, I want to bring something to your attention that is extremely misleading here. Look at this headline, dollar lingers at a six-month peak. Well, if the dollar is strengthening, then why are we seeing inflation continue to rise? Because this is a deception.

On a relative strength basis, comparative, compared to other central bank issued notes, the dollar remains the prettiest bell at the ball. Does that sound familiar to you? Because I’ve only said this would happen since time immemorial. It’s not going to stop. This has nothing to do with the absolute strength of the dollar. The absolute strength of the dollar continues to crater. Henceforth, why inflation continues to rise, and why central banks are meant. Just think of the mechanism here. Let me put another perspective on this for you. Stock markets around the world are rising and hitting records, not just here in the United States, for those of you that are living in your little America boxes, okay, that I want you to break out of.

If we understand that the world economy is contracting at its fastest pace in history while central banks continue to balloon the debt, all right. What we’re seeing here with regard to stock markets around the world, if you want to just stick to the US stock market, this is a symptom of a dying economy. The disconnect is getting greater and greater and greater and greater. The illusion of the markets makes some people think that the economy is strong. It’s just, as a matter of fact, this is, this is, this morning, Fed Barkin.

He wants you, the economy is looking pretty good. It’s a pretty good economy here. And he goes on to say the job market might be fine, or it may continue to weaken. Oh, you mean so it’s weakening, it may get worse, but our wildest dreams, you couldn’t make this stuff up here. I want you to understand something here. What you’re actually witnessing is a systemic breakdown. You wouldn’t know that by looking at the stock markets, although the stock market is a symptom of systemic breakdown. What has propelled world stock markets to record highs? Here in the United States, 51 new records this year alone so far with regard to the S&P 500.

Meanwhile, the economy is a disaster area across the board and it’s about to get a lot worse. Okay, beautiful and freaking lovely here. This is the grand plan. This is what central banks are doing. They’re destroying us all, but you know that it’s going to get better because you were told so by a politician. You’re being lied to, man. Wake up. It’s every man and every woman for themselves. If you’re believing for a nanosecond that just because Trump was selected or if it would have been the other freak over there and build back better, whatever her freaking slogan was that it was going to happen because they’re telling you, then obviously, you know, you’ve been obviously dumbed down enough that you’ll believe the propaganda, but the fact of the matter was what has kept this market where it is right now is obviously oceans, oceans of easy money.

Trillions and trillions and trillions of dollars of debt here. What have the last three presidents done that’s going to continue right now moving forward? It’ll still be the same three people, but a fourth term here, whatever it may be, you’re going to see debts and debt for this hyper balloon. We all know that. We all know that and that means we lose. Do you understand? It means the central banks get stronger and we get weaker. It’s the plan. It’s the grand set up here. So it’s oceans of easy money that have propelled world stock markets higher as the economy falls through the floor.

You’ve got artificially suppressed rates. You’ve got currency purchasing power destruction on the back of that, but you’ve been promised it’s going to get even better for you, or worse. I mean, come on, man. Make this stuff up. You can’t. What we have, man, is again, a scenario. Massive, massive price action distortions that are just going to get massively worse moving forward as we’re all being led to the slaughterhouse. But again, capitalize on the system, man. It’s a freaking gift right now. With regard to what we’re seeing in the markets, this is historic.

This is history being made and I’m glad to be here with all of you witnessing it. Never before in history have we seen a market react to a presidential selection like this. Who’s the rich, the money changers, the banks, all this stuff that you’re supposedly be standing against. It’s all doing phenomenal as wealth is shoved, shoved, and shoved higher. Where’s it coming from? It’s coming from you. You don’t know that, did you? Oh yeah, of course it is. But if you get it, then obviously you understand what’s going on.

If you think that mechanism of shoving cash to the elite, to the money changers, is going to stop, no. What will stop this eventually is going to be the debt market meltdown. People were on a knife’s edge here. You do realize that, right? Risk in this market is near an extreme level. Go look at the MMRI. Risk, reward, that’s the way it works. We’re in this market because of risk. Not because there’s no risk, you understand? There’s a lot of risk here. Eventually this thing is going to come down. It’s going to come down.

And look, man, we have to pay attention to little things once in a while. With regard to the issue of the 10-year year creeping up very close to the federal funds rate, I don’t want to see this par or get worse because, again, look, we already understand that the economy is being systematically taken apart. There’s no doubt about it. This is the act of central banks colluding with puppets, puppets that have been placed behind the resolute desk to bring about the end, to issue in a new system, this tokenized system, this one world system.

People, the writing is on the wall. If you can’t see it, then you’re absolutely freaking blind, this setup here, what’s going on here? I mean, come on, it’s too simple. And once you see it, you can’t unsee it, understand? So understanding that this is not going to go on forever. They need something to occur, an event to occur, that they can point to, to see this is the reason, whether it’s going to be, we’re going to get more war. More war, absolutely. The relationship between, you know, let’s not even go there.

What we’re going to end up seeing here is a much wider, greater war in the Middle East. That’s going to propel energy prices higher as well. It could also be a boon to gold and silver as well, but the mechanism remains risk on for now, meaning cash is going to be shoved, shoved, shoved into risk assets or the stock market until it stops. We’re watching the debt market, the debt market is the key, you know that. When you’re here, like, you know, for example, there’s this headline with the Trump rally installed, we don’t know that.

And we won’t, look, no one’s watching this closer than I am. And I’m making sure every single one of you is aware of the situation here. Look, the most likely situation is, the most likely, although again, you know, we can, we can, we can speculate all we want is that the Fed is not done, that the Fed needs to continue and will suppress rates further, destroy the purchasing power of the currency to create more dependency on the current system. I don’t think they’re done yet. My gut tells me they’re not done yet.

Again, slavery, it’s literally slavery to their system, only to issue when they’re a new one. And it seems like they got the right guy to help make this happen. The crypto president, the Bitcoin president, let’s make cryptocurrency, you know, mainstream it to as a bridge into the new system. You understand? It’s so obvious. Anyway, so that that’s what’s going on here. We got gold, silver and crude this morning, catching a bid. Bitcoin still hovering around 90,000. Stock futures are a little higher this morning. Let’s see where this plays out.

It all is about action in the debt market. And you all know that people. And the MMRI has been warning us. The Manarito Market Risk Indicator. Again, free to everybody. Link in the description of the video. We’ve been getting a warning for quite a while here. We’ve seen this incredible sell off in the debt market, the MMRI climbing, but the market again is euphoric, euphoric. The stock market got everything that it wanted. The stock market and the cryptocurrency space got everything it could possibly have wanted and even more. The banks, everything they could have wanted and even more.

What’s again, a consolidation of power. The fact that we are going to see a further rolling back of regulation. Trump is all about that. And that’s the guy you wanted, right? He’s going to make the banks, the enemies stronger. Historically, we’ve seen, I mean, what did Trump do during his last tenure? Roll back historically, basically almost eliminated regulations for banks, meaning that you’re going to pay for it all. Oh, you’re going to pay for it all. You don’t think so? You know you will. You know you will. It’s called Stockholm Syndrome, man.

It’s an incredible thing to see, but that’s where it’s going and unfortunately here. But again, let them play their games. We’re going to play our games and we in my view can’t be beaten. Just if you take one thing away from this video this morning, realize this. The systemic breakdown, the economy being brought to its knees, the people being brought to its knees, it’s in your face. We got that. But the market keeps going higher. So what does that tell us? The market going higher is a symptom of the systemic breakdown.

We all understand. What have you and I spoken about for years? The worse off the economy goes, the higher the market’s going to go until it doesn’t. And it’s all about central banks pumping more debt into the system. And doing so, a key. I love to talk about keys. A key component here is currency destruction. Central banks here are in a race to the bottom. So don’t be deceived. When you see a headline, you see the dollar here. Let’s talk about this real quick. When you see a headline like this, this does not mean that the purchasing power of the dollar is increasing.

It means the dollar relative to other currencies is stronger. It has nothing to do with absolute strength. It’s relative strength. They deceive people all the time with headlines like that. Oh, the dollar is stronger. I’m going to get my purchasing power back. No, your purchasing power is going away. You’ve been promised it by President Trump soon to be. He promised you way lower rates, although he didn’t tell you that he doesn’t have that power. But he can work with the Fed. He didn’t imagine if Trump would have said, Hey, guys, listen, I’m going to promise you lower rates, which Kamala did the same thing.

Neither one of them said to you, I don’t have that power. I don’t have a printing press. I can’t buy more debt and suppress rates. But imagine how many of you would have voted for Trump if he said, Listen, guys, I’m going to promise you lower rates, but that means I got to work very closely with the Fed to allow them to fulfill their end game to artificially suppress rates here to destroy the current purchasing power. Would you have voted for Trump then? I don’t think you would have.

You wouldn’t have voted for the other one either. It’s a freak show. But they can’t tell you that again. It’s in this case, it’s a massive lie by just by by elimination. They’re not talking about it. They just can’t they can’t tell you the truth. And that should tell you something a lie by omission. They can’t say that. I just would have been shocking. I think people would have taken their breath away. If a politician would say, Listen, I’m going to promise you lower rates, which I can supply to you unless I work closely with the Federal Reserve.

And that’s exactly what’s going on here. For those of you out here who still live in a delusion again, we heard the same delusion last time. And I told everyone last time I said I will make a bet with you that the end of Trump’s term last time the Federal Reserve will be stronger. Not only was the Federal Reserve stronger, but monumentally stronger with 8.6 trillion dollars worth of debt pulled into the system. With Trump working with the Fed then. All the talk to the contrary should tell you one thing.

The Fed is going to be even stronger moving forward here. You think I’m wrong? Let’s see. Save this video to your computer so we can have fun together. We’re just going to laugh because we all know it. You know it. I know it. And if you don’t want to admit it, deep down inside you know it’s true too. This guy here loves you from the hot people with all I got. We must remain diligent. The mechanism here to propel the stock market higher is going to remain in place.

Again, we don’t get corrections. We don’t get pullbacks. Look for one. That would be an opportunity as long as the debt market is playing game is playing with us here. If it’s in play, I promise to keep you on top of this. When I say, guys, we got to run for the hills. We were going to run for the hills with regard to the stock market. But with regard to gold and silver, which really honestly people, does it bother you yet again? I understand that how much you guys worship some of you.

Trump as if he is a god. Why isn’t he talking about adding gold to the strategic reserves? He’s going to add crypto but not gold. Not silver. Why? You know why. It would stand counter to the Federal Reserve’s plan and Trump will not stand in their way at all. He’s going to make sure the Fed is vaulted higher to the top of the pyramid because that’s what they do here. Okay. It’s an incredible thing. Love you from the heart with all I got. And I mean that we got this period to freaking end.

I wish you all of you later four or five p.m. eastern for the live stream to be meeting in people to carry yourselves in each other. [tr:trw].

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