Liberty and Finance, Released on 11/20/20
As the stock markets hits record highs while the real economy deepens its death spiral and the US and other countries approach a fiscal cliff, some analysts are warning about imminent risk of a banking crisis, or even the demise of fiat currencies, leading to a great “Financial Reset.”
What will replace the USD? Bit coin? Fed Coin? IMF Coin? And what role will Gold and Silver play in the new era?
Money manager and founder of Pento Portfolio Strategies, Michael Pento, returns to Liberty and Finance to answer viewers’ questions about how to keep our personal finances safe in this volatile environment.
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.