Protecting Your Wealth During the Destruction of the Middle Class with Gregory Mannarino
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On todays episode of the WTFinance podcast I had the pleasure of speaking with Gregory Mannarino, “The Robin Hood of Wall Street” and Founder of Traders Choice. During our conversation we spoke about what is currently happening in the market, the currency problem, what the catalyst for the collapse will be and how to protect your wealth during this period. I hope you enjoy!0:00 - Introduction 0:24 - What is happening in the markets?1:35 - What is a price discovery mechanism?3:05 - Main reasons that the stock market has increased over the last 40 years?6:15 - What would Greg do as the FED chair?7:30 - If it is a currency problem, why is the US Dollar strong?9:25 - What is the catalyst for this collapse?11:40 - Central Banks trying to keep the system going14:45 - Faith isn’t enough anymore18:35 - Why does the FED want control?19:35 - Is there any way that the system doesn’t collapse?23:05 - Bandaids preventing the inevitable23:50 - Any assets that could protect individuals wealth?26:00 - Inputs that go into indicator?29:10 - One message to take away from the interview?Gregory Mannarino, also known as "The Robin Hood Of Wall Street," is an active/full time trader of the capital markets with a world-wide following.Born on July 22, 1965, he became interested in "Wall Street," like many others at the time, in 1987 after seeing the movie Wall Street with Michael Douglas. Around that time he was able to get an entry level position, then subsequently to the trading floor,  at the now defunct bank Bear Stearns, but within a relatively short time realized that working on Wall Street was not like the movies and moved on. He went on to get a medical degree and practiced medicine as a Physician Assistant beginning in 1996, now retired from practice. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieutenant. Gregory even published a book on casino Blackjack strategies years later, and was banned from playing the game in Las Vegas casinos.Gregory Mannarino - YouTube - https://www.youtube.com/c/GregoryMannarinoTraders Choice - https://traderschoice.net/WTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas