Silver Bullion TV, Released on 4/14/23

SBTV spoke with Michael Pento, President and Founder of Pento Portfolio Strategies, about the Fed’s conundrum between saving the banking system and fighting inflation. Michael believes the Fed’s QE and QT cycles will lead to bigger asset bubbles that will be increasingly deadly when they collapse.

00:00 Introduction
01:17 More intense inflation, deflation cycles
04:02 No end to expanding base money?
08:01 Fed to continue raising interest rates?
12:19 Bonds and CLOs underwater
16:10 What will the Fed do?
21:22 De-dollarization crisis
22:39 2023 Outlook for the US economy
24:32 Hold precious metals

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.

  economic collapse, inflation, investing, precious metals