Soar Financially, Released on 7/2/26

Michael Pento, founder and president of Pento Portfolio Strategies, joins the show to explain why he believes the economy is heading toward a much deeper downturn than most investors expect. He discusses the weakening labor market, why the Federal Reserve is trapped by record debt, why he’s bullish on gold and gold miners, and why he believes the next crisis could reshape financial markets for years to come.

00:00 Introduction
00:56 The Jobs Report Is Weakening
02:06 Why Michael Pento Bought Gold Miners
07:34 Recession or Depression?
08:20 The Biggest Asset Bubble in History
11:26 The K-Shaped Economy Explained
13:23 What Really Causes Inflation?
16:30 Why the Next Crisis Will Be Different
18:43 The Bond Market Warning
20:52 Is the U.S. Dollar About to Crack?
23:07 Why Gold Miners Could Outperform
25:04 Portfolio Positioning for the Months Ahead
28:21 Protecting Wealth Before the Next Crash
30:10 Final Thoughts

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, gold miners, investing, silver