Wealthion, Released on 4/15/22

For Part 1 of this interview, CLICK HERE

Michael Pento return in Part 2 of our interview with him to share how his portfolio is currently positioned today (short & long duration US Treasury bonds, bond proxies like WalMart, gold & precious metal mining companies, and junk bond shorts) and how he plans to amend it when the bear market arrives in earnest (cash, USD, long-dated US Treasury bonds, shorts) As Michael advises we prepare for the coming recession, he warns the accompanying price correction in the financial and real estate markets is likely to be the worst bear market we’ve yet seen in our lifetime.

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.

Adam Taggart is the Founder of Wealthion. He is also Co-Founder and former President of Peak Prosperity. Adam is an experienced Silicon Valley internet executive and Stanford MBA. Prior to partnering with Chris Martenson (Adam was General Manager of our earlier site, ChrisMartenson.com), he was a Vice President at Yahoo!, a company he served for nine years. Before that, he did the ‘startup thing’ (mySimon.com, sold to CNET in 2001). As a fresh-faced graduate from Brown University in the early 1990s, Adam got a first-hand look at all that was broken with Wall Street as an investment banking analyst for Merrill Lynch. Most importantly, he’s a devoted husband and dad.

  bonds, gold, market crash, recession