Liberty and Finance, Released on 5/6/20
Master portfolio hedging strategist Michael Pento returns to Reluctant Preppers to weigh in on the tumultuous times we are weathering. Michael calls out the corner the central banks have painted us into, dooming the lower class to dependency, eviscerating the middle class, and skimming off unprecedented spoils for the elite.
Michael further outlines the successful strategy he follows to thrive despite the volatility, and gives us some cogent insight on why the banks know well that cash and gold impose a check and balance to their otherwise unbridled dominance over the rights and financial well-being of ordinary people, and guidance on what we can do now to protect our futures.
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.