Vincent Tie

Posted by Vincent Tie on 01 Sep 2018

Michael Pento - Why The Next Economic Collapse Could Start in Fall 2018

SBTV speaks with Michael Pento of Pento Portfolio Strategies about the possibility of an economic collapse happening as early as Fall 2018. In this interview, Michael shares the rationale for his forecast and why gold & silver are the assets to accumulate now.

Discussed in this interview:
02:33 Inflating the biggest bubble ever created
06:59 Fall 2018 will be hard on global equities.
11:08 How a coming crisis will compare with the 2008 financial crisis.
14:09 The time to buy gold is near
14:40 Major default and debt monetization coming.
17:37 From fiat to gold-backed currencies.
22:26 Mechanics of trade and tariffs.
25:49 Silver's performance for the rest of 2018.

 

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