Commodity Culture, Released on 5/16/25 (Recorded on 5/13/25)

Michael Pento is seeing clear signs that the US economy is facing massive danger, as crises on multiple fronts are evolving into systemic risk for the banking system and threatening to curb the Trump administration’s efforts to wage a global trade war. Michael explains why in the face of these facts, he’s moved capital into the commodities sector and is relying on precious metals as a ballast in his portfolio, as he sees a clear move away from the dollar and towards gold by foreign nations.

00:00 Introduction
00:52 US-China Tariff Deal
08:13 Fed Won’t Proactively Cut Rates
10:57 Coming Real Estate Crisis
12:59 Bullish Oil & Agriculture
16:44 Effects of Trade War
20:11 Gold is Replacing the Dollar
23:07 Silver on the Radar
26:02 Debt and Deficits in the US
28:03 Spike in 30-Year Japanese Bonds
29:44 Opportunity in Indian Stocks
31:38 Global Conflict Rising

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.

  economy, gold, investing, silver, tariffs, trade deal