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The US treasury is selling about $200B in new securities. Such a Ponzi scheme! China and Russia are ready to move away from the US dollar and into gold and their own currencies!

Thanks again, Gregory. Something is out of control. Or there is a malfunction in the debt process.

You run and I'll vote for you.

Dollar dies, fed dies, simple. China devaluing is holding up the dollar. The world gets to suck up all those dollars until they blow up! Job done. Yes, it get rough. Think of it as a game of "chicken".

Greg, Once again you are spot on great post. I've spent the last year warning Retail Investors & Fund Managers of the coming DEBT Bubble Collapse. In my emails I ask them these questions:

Why did Morgan Stanley receive 7 Trillion in US Treasury Interest bearing Credit Swaps between 2009 to 2010 ?
Why did the FED Bailout the Wall street Banks and Deutsche Bank in 2008?
Why did the FED purchase 4.5 Trillion in assets/ toxic mortgages for the first time in its history ?
Why has JP Morgan Chase accumulated 700 million ounces of Silver since 2011?
In 2016 why did the ECB start purchasing corporate bonds ?
Why is Deutsche Bank's real value -480 Billion, yet it still exists ?
Why is the 275 Trillion Global Debt the highest in History ?
Why are Interest Rates the lowest in 5000 years ?
Why does the Central Banking System and US Treasury use Derivatives to suppress Gold & Silver prices ?
Why has the Derivatives Market exploded to $2.4 Quadrillion ?
Answer: The Global Financial System is Insolvent.

The Private Central Banks and the US Treasury are propping up the Markets so Retail Investors, Pension Funds, Foundations, and Hedge funds get suck into the record breaking Stock Market. In 2018 the Central Banks will collapse the system and implement a Monetary Reset per their game plan on more centralized power using the IMF and BIS. The largest wealth transfer in history will destroy millions of Investors Wealth.

"Gold is Money everything else is Credit" JP Morgan

God Bless You and Your Family,

Weston Whitham a.k.a The Watchman

Good for you! Please keep us posted on their detailed answers. ;o)

P Trump has done some things I never thought possible (like maybe, maybe peace with N Korea), and many other things that are very positive. On the other hand he hasn't built the wall, hasn't reined in the Rino's, hasn't drained the swamp, hasn't rectified the corrupt, DOJ, FBI, no put Hillary in prison, and keeps choosing people for positions that don't even agree with his agenda. And of course, instead of diminishing the role of the Federal Reserve which still needs to be audited along with whatever gold might be in Fort Knox, he has just increased their power. So is he in with the Deep State or is he making maneuvers and doing thing behind the scenes that even we will eventually understand? His staunch defenders claim the latter. I'm still waiting to see. Even smart people make bad decisions and do stupid things.

Having said all that, I do think we are headed for economic disaster and most likely war because there are too many indicators that is where we are headed. I believe that your (the Great Mannarino) advice is most pertinent about managing finances and preparing for bad times to come while enjoying what we currently have before it disappears. I read where a Venezuelan pensioner said it took his entire paycheck to buy half a box of eggs. (A few chickens in a roost are beginning to look better)

One of the many things I don't understand is how so much verbal and physical disrespect of the President and people has been allowed to go unchecked. If someone can say threatening things about the President, then where does that leave all us peasants? The violent rhetoric against the President or other groups of people (like his followers) should meet with repercussions.

Ok, meanwhile, we need to do the best we can with our own span of influence.
upvoted and resteemed.