MAGA-IZING the Markets, Gold and Especially Silver Remain Best Long-Term Bets on Earth: MANNARINO
What happened last week was THE ABSOLUTE BEST POSSIBLE OUTCOME for the 1 and 2 percenters, the Elite, the “money changers”
By Gregory Mannarino, TradersChoice.net
Now that the Presidential Selection has been made, Wall Street, (especially MEGA Banks), corporate insiders, investors, traders, and the global cryptocurrency markets are simply WAY BEYOND ECSTATIC! (Perhaps MEGA banks should now be called MAGA banks?)
What happened last week was THE ABSOLUTE BEST POSSIBLE OUTCOME for the 1 and 2 percenters, the Elite, the “money changers” (MAGA BANKS), and of course—the Federal Reserve. (Is it really just an accident or by chance that it turned out that way?) Of course it is, right?
Stock market history was made.
Never before in the entire history of the financial marketplace, has the U.S. stock market reacted more positively to an “election.” Every major stock market index, from the Dow Jones Industrial Average to the S&P 500, the NASDAQ, with each hyper-vaulting higher.
Moreover, the MEGA/MAGA rally in stocks continued throughout the rest of the week propelling the broader market to its 50th record high of the year.
In the following 3 days after Trump’s selection, the U.S. stock market realized RECORD HIGH CASH INFLOWS. Which is an indication that the stock market has the potential to run even higher, (potentially much higher).
Cryptocurrency markets TOOK OFF! With Bitcoin hitting NEW record highs.
Following the selection, Trump DOUBLED DOWN on his promise to crypto investors by stating that he intends to make “The U.S. The Crypto Capital of The World.” (Trump is planning to make cryptocurrencies—plural—a part of the U.S. strategic stockpile.)
***Question: why not add more gold to the U.S. strategic stockpile? (The current value of the U.S. gold stockpile is A PATHETIC 628 billion dollars, which is about the same value/market cap as Walmart) … how is that even possible? Go ahead, make it up.
***Answer: by adding more gold to the U.S. strategic stockpile, this would run counter to the Fed’s plan to continue to bankrupt America, so as to fulfill their goal to be both the lender and buyer of last resort. Prior to the selection I said specifically AND REPEATEDLY, that the Fed would get an ally to sit behind The Resolute Desk, a person who would assist the Fed in fulfilling its century old plan to OWN IT ALL. (Well… read on).
Why did the stock market want Trump?