A2A with Greg Mannarino

343

With the Brexit vote results just hours away, what a great time to check in with independent trader, Greg Mannarino.

Over the course of this webinar, Greg shares plenty of wisdom. Included are his thoughts on:

  • Brexit and how he's positioned ahead of the news
  • Why and how to take emotion out of your trading
  • His feelings regarding silver and the holding of precious metal
  • The current state of the global financial system
  • His thoughts on crude oil, the mining shares and the best restaurant in Vegas.

It's going to be a long night and a volatile day tomorrow. In preparation, please be sure to give this audio a listen

TF

  343 Comments

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matt_
Jun 24, 2016 - 9:08am

Looks like HUI will open up around 10%

Most of the components of the HUI are up 8% to 12% in pre-market trading. It looks like today will be a very exciting day.

SilverHunter1985
Jun 24, 2016 - 9:02am
AIJ
Jun 24, 2016 - 9:01am

As I said in a previous thread

I remember the cover of the 2016 Economist Mag showing a golden euro parachuting out of the sky as a type of rescue.

From Bix....

"The Gold Coin on a Parachute - Here we have an obvious but HUGE message being sent for what's about to happen in 2016. At first I thought it was a random gold coin attached to a fiat money parachute but upon closer inspection it is a Gold Euro Coin attached to a Paper Euro Parachute which tells me there is some kind of Gold Backing going to be placed on the current unbacked Euro. That's big stuff as the Euro is clearly struggling today but if they did some kind of Gold backing then it would instantly become the strongest currency on EARTH...

And that would totally and completely DEVALUE the unbacked US Dollar!

Will it happen? Who knows but it is one of the many things on the table for 2016.

And what about this...

On the cover it is Angela Merkel front and center wearing a GOLD SHIRT and Germany holds the second largest gold hoard in the world behind the USA!! Will Germany try to keep the Euro alive by backing it in some way with their gold?(with parachute strings attached?) Also look at the huge chunk of gold represented in the picture above! Will all the hidden gold come into mainstream knowledge in 2016?

Maybe this is what Obama's Staff was freaking out about when Germany wanted it's gold back! Watch Obama and Larry Summers kick the press out of the Oval Office so they can beg for more time(7:15 into the segment)...

https://www.nbcnews.com/id/30892505/#31073805"

https://www.roadtoroota.com/public/Economist_2016.cfm

truthseeker
Jun 24, 2016 - 9:00am

Gotta hand it to Rickards

I said last week my spidey-senses were tingling. "Mr. Insider" puts out a book on gold, calls for $10,000 gold, opens a service for penny gold stocks... Coincidence? I thought not.

I put a bookmark on that as a possible turning point for the establishment. We'll see.

Jim Rickards ‏@JamesGRickards 1h1 hour ago

What we've seen so far is repricing. Next comes momentum. Then contagion from margin calls. Last stage is #panic. Let's see if it gets there

Silver Monkey
Jun 24, 2016 - 8:59am

Never Ever Ever Rule?

is this "rule" written out anywhere? Does anyone track if it is ever broken?

JQuest
Jun 24, 2016 - 8:52am

@ "So will Britain have to look

Exactly Blyth..

I think the EU is on life support right now and won't be around much longer. The Brussels bureaucrates are shitting their elite designer panties and are going to be playing nicey nicey with all remaining members and not in the mood to end their 6 figure annual incomes!

I can't wait until the social parasites all get pink slips hopefully the US cesspool called Washington DC and the K-Street boys are next!

JQ

matt_
Jun 24, 2016 - 8:52am

You don't see this on Kitco too often...

You could fit the data on the red line nicely with a parabolic curve.

JQuestTF
Jun 24, 2016 - 8:51am

@ Ooops. Sort of forgot about this

I seriously have thought that the massive drops in US Tech hardware is primarily been caused from foreign Countries and Corporations do not want to chance buying US equipment loaded with NSA spy gadgets and backdoors.

JMHO

JQ

gazzmann
Jun 24, 2016 - 8:48am

Blythesshrink

If the EU is a sinking ship, then Brexit makes Britain the shrewd survivor. They don't even need a lifeboat, they can just swim ashore.

Blythesshrink
Jun 24, 2016 - 8:42am

https://twitter.com/RaoulGMI/

https://twitter.com/RaoulGMI/status/746269461993365504

"By the way, you have seen the EU banks, right? Implosion. Entire sector down 13% with many down 20% today. This is what I feared -EU not UK"

okay - so check this out and the comments below. Then compare the stock markets across Europe and see if you can see who this is worse for, the EU or the UK.

FTSE 100 6,071.46 -266.64 -4.21%
DAX 9,521.01 -736.02 -7.18%
CAC 40 4,080.47 -385.43 -8.63%
TR EUROPE 136.54 -13.07 -8.74%

Give it 72 hours over the weekend and watch the European banks next week.

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