Vincent Tie

Posted by Vincent Tie on 18 Aug 2022

Michael Pento - A Recession Is Coming, Time to Get Out of Harm's Way

SBTV spoke with Michael Pento, president and founder of Pento Portfolio Strategies, about the Fed's futile efforts to control inflation and why it's time to get out of harm's way with a recession on the horizon.

Discussed in this interview:
02:07 Inflation reduction act
05:43 We need growth
09:01 Stocks overvalued
14:06 Fed's gonna break something soon
16:57 Yield curve inverted again
18:55 Anticipating the Fed's likely playbook for the next crisis
22:10 Gold will suffer
24:30 Recession ahead

 

 

Silver Bullion Twitter: https://twitter.com/SilverBullionPL