Liberty and Finance, Released on 11/29/21

“We have the most overvalued and dangerous market there has ever been,” says money manager Michael Pento, “and there’s a whole heck of a lot of things that have to go right to keep it afloat.”

0:00 Intro
2:19 Market update
8:20 Catalysts
10:17 Fed taper
14:00 Rate hike
16:15 Debt collapse
19:43 Monetary control
23:22 Foreign inflation
29:27 Gold position

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.

  gold, inflation, stock bubble, stock market