The Watchman On The Wall

The Watchman On The Wall
Eph 6:12 For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places. Verse 13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.

Monday, February 8, 2016

Economic News Feb. 8, 2016

Financial analyst Gregory Mannarino says, “This is going to make the 2008 event look like child’s play. We are going to drop lower than we did before. The Federal Reserve is out of ammo and the Fed can go negative interest rate. Maybe it will put a temporary bottom in this market, but it’s going to hurt the people. There is no doubt about it, the economy of the world is slowing. The U.S. economy is slowing. You can look at metric after metric, Baltic Dry Index, GDP numbers just missed the mark and manufacturing numbers also missed the mark. You can just go on and on and on. I don’t know what kind of proof people need to say Obama is peddling fiction. We are slowing down, and people are going to get hurt here, and I mean hurt badly. It will be way worse than the last meltdown.

In closing, Mannarino warns, “Bond yields are screaming, and the bond market is warning every single one of us that something is very ugly, and it’s right around the corner. Everybody is going into bonds because it’s the safety play, but the debt is worthless, and at some point, even the bond market is going to price to fair market value. It’s a situation of extreme danger across every single asset class.” Join Greg Hunter as he goes One-on-One with Gregory Mannarino

Gold and Gold stocks soar, click the links below.

In this video Luke Rudkowski makes a critically important report about the creation of a global Eurasian world order that will directly compete with U.S hegemony and the petro dollar. We detail U.S foreign policy throughout the years that has been motivated on keeping the petrodollar in the international markets. Now China, Russia and Iran are making similar moves against the petrodollar which will have devastating results.

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