Liberty and Finance, Released on 4/20/22 (Recorded on 4/19/22)

As the Fed embarks on quantitative tightening, a liquidity crisis is extremely likely to follow, says portfolio manager Michael Pento. He expects investors will rush towards U.S. dollars, dumping other assets, even gold. Later, he sees a fast reversal in the precious metals as stagflation sets in.

1:27 Overvalued assets
8:50 Housing market
12:27 Retirement
17:27 Precious metals
19:50 Living standard
21:11 A positive outlook
28:04 Pento Portfolio Strategies
31:18 Liberty And Finance
32:05 Miles Franklin

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, housing market, inflation, precious metals