2022 Stock Crash & Metals Super Rally | Michael Pento

Liberty and Finance, Released on 12/24/21

Portfolio manager Michael Pento says the Fed has concocted the biggest market bubble in history . He gives his forecast of 2022. He expects a stock crash in the first half of the year and a reversal by the Federal Reserve towards further stimulus. “I will very soon,” he says, “start increasing my exposure to gold.” He believes gold could “rip higher” in the early part of 2022.

0:00 Intro
2:16 Stock market
11:08 Fiscal cliff
19:40 Pento Portfolio Strategies
21:20 Pensions
25:15 Gold rally 2022
30:14 Aging population

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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