Financial Survival Network, Released on 2/23/21

What happens when you combine a completely out of control congress with an overly compliant central bank and a slow growing economy that has been ravaged by an extreme response to a pandemic? You wind up exactly where we are now. As Michael explains, today’s economic foundation is built upon sand or perhaps even a sink-hole. Eventually it’s got to crumble and that’s why you need to protect yourself now. Precious metals are one way and positioning your portfolio for the inevitable is another and better yet why not combine the two.

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.

  economic collapse, inflation, investing, markets