Next Crisis: New Gold Highs Amid Soaring Inflation | Michael Pento

Liberty and Finance, Released on 7/23/21

Economic growth is about to slow further, says portfolio manager Michael Pento. He sees a disinflationary credit crisis first, then inflation to increase. Real interest rates will collapse, slingshotting gold to all-time highs. Find Michael online:

1:21 COVID resurgence
4:46 Margin debt high
6:20 Fed policy
9:53 Disinflation
13:36 Bullish on gold
17:08 Silver update
17:54 Fake economic growth

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.

Notify of
1 Comment
Inline Feedbacks
View all comments

What we have now is peak propaganda. All the markets and economic stats are rigged. Inflation is at 12% to 15% and rising. And all the COVID info is also propaganda. The COVID “vaccines” are making hundreds of thousands of people sick (see ) and they don’t prevent the transmission of COVID (the patent office denied the patent 3 times for this reason), Dr David Martin documents this, see