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okay everybody it's me gregory mannarino yep still me sit down and relax so uh yes uh june 1st 2022 post market wrap up let me start off with something kind of not so good most of you know that my best friend in the world is a 98 year old world war ii veteran ed hall well earlier today ed had to be taken to the hospital he is not feeling well and i would call on all of you uh to please keep ed in your thoughts and prayers all right with that said let us move forward i want to start off with a thank you to those of you who have already stood up to support my work i greatly appreciate all of you and this this neat new thing or right over here this little thank you thing for those of you that don't like paypal or don't want to send crypto you could click right there on that thank you and like i said in the first day of every month i asked for your support five bucks if you don't like this little doohickey you can you can still support my work two links below all right people look let's talk about what's going on let's focus on the market ten-year yield higher today i don't i don't want to say dramatic but maybe slightly eye opening okay we're going to keep our eyes on that 10-year yield with regard to the comparative strength of the dollar today markedly stronger markedly stronger almost uh three-quarters of one percent when you're talking about the comparative or relative strength of the dollar that's a that's a pretty big move okay what else do we got going on here the major stock market indices fell a little bit a little pressure on the dow a little pressure on the s p little pressure on the nasdaq very volatile day stocks started today um actually relatively flat with negative positive negative positive all over the place okay whatever nothing major going on with the stock market today with regard to gold and silver turned around quarter bid nothing major but could have been on caught a bid nonetheless you got crude oil doing very well as a matter of fact the energy sector today uh was the out performer imagine my surprise you know this i mean with crude oil doing what it is you you you need to be at least have some exposure to oil and gas producers i've been pushing this for a very very long time um exxon mobil cvx so the ticker symbols are xom cvx and dvn those are the ones i like there are others out there um again i have this listed for you on my website traderschoice.net just under the lovely and i mean lovely chat room okay so um with that said that that's the setup for the market okay what what happened today um a little i don't even want to say this was a safety trade or a fair trade because we didn't see that 10-year yield drop here but some economic news that we got today was troubling took everybody by surprise except you and me so the federal reserve's beige book their their own thing okay is admitting that inflation continues to rise despite the fact that the the dog cat freaking bird narrative has been oh we're peaking inflation's peaking now which means it's going to get better soon no i just did an interview with gerald celente i think it's coming out in two days don't miss this it is sincerely an eye-opener gerald and i have something together in the works here okay you don't want to miss that video i will send it out to all of you at least when i get it don't miss it anyway so with that said so right here as you and i are well aware all right inflation is in no way shape form or anything uh peaking here you can count on a lot more inflation especially because the mechanism of pulling cash from the future is in full swing so what did we find out today i'm going to be very nice are you ready for it our illustrious reeve reed president i didn't say the word i just just kind of did this okay oh well we're sending another 700 million dollars in weaponry over to ukraine let me ask you gerald had brought this it's pretty amazing let's say you don't like your neighbor next door greg i really hate my neighbor i hate him to death can you please lend me your gun because i want to go over there and i want to take care of it if you give him your gun you're like you know you could be complicit here uh so the united states uh we are supplying them with every kind of weapon imaginable we are at war with the united states is at war with russia okay in case you don't know that and it's no surprise again i've been explaining to you this is going to expand is going to be prolonged and every imaginable amount of money is going to be thrown at it and you have to back it you must support it you know that right okay you have no choice but you are free right this is the land of the free home of the brave really oh okay uh it doesn't look like that to me anyway so so that's that whole thing now i'm laughing i'm sorry it's it's just so freaking bizarre what did we find out today mortgage demand has now fallen off of a cliff yet again but home prices continue to freaking skyrocket no end in sight but inflation's peaking you know how you do you know how you can tell that inflation is actually peaking because they're telling you it is and if the propaganda ministry along with this freak and that freak and other freaks who are now admitting on referring to janet yellen are explaining that oh i'm sorry i'm really sorry but i was wrong i was wrong wrong and inflation wasn't really transitory it's only surging out of control but i was just wrong she was not wrong you knew it and i knew it and that means that that thing whatever she it is or called janet yellen the creature from from from hell like the rest of them are okay she knew it right off the bat she's laughing her dirty ugly ancient ass off thinking that all of you out here are stupid but you're not stupid anyway uh pretty pretty incredible i was just writing a few things down here uh personal savings rate how about that continues to crater imagine greg mannarino shocked you don't know how surprised i am are you yeah no uh this is a phenomenon that you and i knew it happened we talked about it right here people would max out their credit cards tap into their savings account just to make ends meet as inflation surges out of control they're being destroyed by design people are being destroyed by design it's not going to stop okay um anyway i just i want you to bring you all up to speed on that now how about this lovely piece of economic news you might want to sit down for this one so the oh what should i say here uh i can't think of the proper wording for this maybe you can fill in the blank jamie dimon the ceo of you know uh one of the well the largest bank on the planet by assets you know jp morgan he's warning of an economic hurricane people our economy is in freefall you know it and i know it and this is a global phenomenon but right now he has an epiphany it's like a divine intervention a divine signal from the almighty has now come to the attention of jamie diamond who's a freak of the highest order the highest order okay and then some he can get away with anything he wants uh the man is untouchable period the end uh he's had an epi an epiphany it's real epiphany that the economy is in for some kind of an economic hurricane duh we all know this is coming it's over it's dead in the water and this is nothing not only is our economy in free fall all of this he's leading up to a climax of of not just epic proportions of a biblical it's okay a meltdown we're going to keep on the 10-year yield we watched it bump bump today okay we keep seeing big moves like that i'm not going to be a happy camper i'm not going to lie but you and i we're we're prepared for this okay stock market melts down what's going to happen cash is just going to move from one set of assets into another okay risk on will turn risk off it's going to flood into commodities across the board like you can't possibly believe especially physical gold and physical silver because they are the most silver the most undervalued asset in the history of the world in my view and i also believe the market capitalization of cryptocurrencies is going to balloon um at the implosion of the debt market i am not saying we're there yet people so please don't twist around my words i love all you people i really do you know honestly oh a lot of comments on my tie today you like that thank you i appreciate it um where did i get this thing i don't even know it must not be a fancy todd it's got no name on the back but it's kind of cute kind of cute but thank you for those of you that appreciated my lovely my lovely tie here where was i uh i was going to say that all of you out here helped to keep me somewhat sane in an insane environment and uh maybe i do the same for you i i really i really do hope so all right people look so that's it i set the stage for you you know what's going on i want to hear from you please comment here what do you think about jamie diamond what do you think about our economy in free fall savings rate falling off of a cliff mortgage demand cratering i mean uh oh but the epiphany jamie dimon it's going to be a hurricane yeah hurricane yeah not for him he's a super billionaire he's laughing he's laughing at all of us you realize that out of control and what do you think about the uh you know the next installment the next 700 million dollars in weaponry uh courtesy of you you know you you did sign there for it blank check to a reason turning president oh oh you think that's all really i hear some of you in the background you think it's going to end here no no no it's going to be in the trillions i already told you this we've already sent over 56 billion now another 700 that's going to be in the trillions and that war is going to go on and on and yes the united states is in fact at war with russia so you better get used to it people again another huge thank you not just for complimenting my lovely tie you ever seen a guy kiss his tie before probably not you probably never will again maybe some of you want to kiss your time let's do it together you ready come on pick it up anyway a big huge thank you huge to those of you uh that again choose to support my work i can't tell you how much i appreciate that um and again you got something lovely right here the little thanks button with a little lovely heart there click on that if you feel like supporting my work if you don't that's fine too look i get it but if you want to um please do and if you'd rather not use that little little thing there are two links in the description of this video um five bucks send me crypto love it i'm all about crypto you all know that all right look i'm out here i will see all of you in the morning and uh well that's all folks





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