“…even Bloomberg (News) now is saying that (Federal Reserve Chairman) Mr. Powell is making stuff up,” as stated by our guest this week on Retirement Lifestyle Advocates radio, Mr. Michael Pento. Your host, Dennis Tubbergen and Mr. Pento discuss the root cause of today’s inflation and his forecast for the second half of 2021 and into 2022.
Michael Pento is the President and Founder of Pento Portfolio Strategies with more than 27 years of investment experience. He was the portfolio creator and consultant to Delta/Claymore’s commodity portfolios that raised in excess of $3 billion, distributed through Claymore/Guggenheim’s sales network. He produces the weekly podcast “The Mid-week Reality Check” and is the author of the book “The Coming Bond Market Collapse.”
Silver to reach $200 per ounce… and more. Dennis Tubbergen welcomes back to Retirement Lifestyle Advocates radio, Mr. Michael Oliver. According to Oliver, since mid-2018, gold has gone from $1160 to $2000 and has done so without the help of weak stock markets. Now the dollar is turning downwards while markets are at highs. Big investors seem to be moving assets into different sectors, and soon we may see a violent rebalancing. He discusses how silver broke one of their momentum oscillators last year, afterward, moved rapidly to near $30. This next move could easily be eightfold. As such silver is now poised to outperform gold.
Michael Oliver has been studying markets for over four decades, but it was the 1987 stock market crash that became his “aha!” moment and converted him to what he calls “momentum structural analysis.” Mr. Oliver is the CEO of Momentum Structural Analysis LLC based in Greensboro, North Carolina. He is also the author of The New Libertarianism: Anarcho-Capitalism.
Hyperinflation and a collapse of the US dollar now appear to be on the horizon. The FED continues to create dollars at unprecedented levels, up 75% in the last 12 months alone and with no signs of stopping. Our guest this week is economist John Williams. Your host, Dennis Tubbergen, discusses hyperinflation and phony government statistics on this week’s Retirement Lifestyle Advocates radio program.
Mr. Williams is a consulting economist who maintains the website Shadow Stats.com. He tracks and reports economic data using the methodologies formerly used by government agencies prior to changes being made to make the reported data look more favorable, and estimates the true, real inflation rate to be significantly higher than the reported rate.
Rent moratoriums are coming to an end. What will this mean for the real estate market and the economy in general? According to this week’s guest, Mr. Karl Denninger; “it’s going to be catastrophic, and I don’t see how the government gets out of this”. Join your host, Dennis Tubbergen, as he talks with Denninger about real estate, the brewing stagflation in our economy, and the illegal healthcare monopolies that are driving our government’s budget decisions.
Mr. Karl Denninger is an American technology businessman, finance blogger, author, and political activist, sometimes referred to as a founding member of the Tea Party movement. Mr. Denninger is the author of the book Leverage: How Cheap Money Will Destroy the World.