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Michael Pento – Gold Setting Up for Huge Spike Higher

USA Watchdog, Released on 7/29/17

“The big boom in gold and gold mining shares will be when we have a watershed moment, when the market realizes in mass the central banks have lost control of the economy and the money supply. That is coming very, very soon, no later than the middle of 2018, and it could probably happen this fall, and that is when the market understands that central banks don’t really control interest rates.”

Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the NYSE. He is the author of The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market.

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