2023-10-08 EXPERT INTERVIEW – MICHAEL PENTO

Two years ago, the 10-year US Treasury note was yielding .50 percent. Now it’s 4.8 percent. That debt is rolling over, and the money that it costs to service that debt is skyrocketing. Soon, 35 percent of all tax revenue is going to pay just the interest on our national debt. Our guest this week, Michael Pento, outlines his projections for the coming recession and talks with your host, Dennis Tubbergen, about the effects on the bond market, equities, real estate, and more as Retirement Lifestyle Advocates radio delivers another show you don’t want to miss.

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 more than $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.” 

For more information about our guest, Mr. Michael Pento, please visit http://pentoport.com.  For more information about Retirement Lifestyle Advocates, please visit www.RetirementLifestyleAdvocates.com.   

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2023-05-07 EXPERT INTERVIEW – MICHAEL PENTO

The problem in the banking system is pretty simple, for ten out of the last fourteen years, mortgage rates have been well below the effective Fed funds rate today, which is 5.1%. So, bank assets are yielding very, very low-income streams to banks. Alternatively, you can go out right now and get over 5% on a risk-free ultra-short-term treasury note. No liquidity risks, no duration risks, nothing. This week on Retirement Lifestyle Advocates radio, our guest, Michael Pento, talks with your host, Dennis Tubbergen, about the banking crisis and the Fed’s next move.

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 more than $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.” 

For more information about our guest Mr. Michael Pento, please visit http://pentoport.com.  For more information about Retirement Lifestyle Advocates, please visit www.RetirementLifestyleAdvocates.com.   

2022-08-28 EXPERT INTERVIEW – MICHAEL PENTO

The stock market today, at 170% of GDP, is not in any regard reflective of the underlying conditions of global central banks tightening into a worldwide recession. This statement from Michael Pento, our guest this week on Retirement Lifestyle Advocates radio. Your host, Dennis Tubbergen, talks with Pento about the comparison of today’s equities market to the 140% gap in the 2000 tech stock bubble, the 104% gap in the 2008 real estate bubble, and the potential for a deflationary depression.

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 more than $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.” 

For more information about our guest Mr. Michael Pento, please visit http://pentoport.com.  For more information about Retirement Lifestyle Advocates, please visit www.RetirementLifestyleAdvocates.com.   

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2022-04-17 EXPERT INTERVIEW – MICHAEL PENTO

Inflation is much higher than the government reports it. CPI is at 8.5%, producer prices up 11.2% year-over-year, import prices up 12.5% year-over-year, and if you look at reality, rents, the cost of buying a new house, the cost of beef, the cost of energy, year-over-year, they’re up closer to 20%. That’s the reality. Michael Pento joins your host Dennis Tubbergen on this week’s Retirement Lifestyle Advocates radio program to talk about inflation, what’s coming next, and how to protect yourself as the financial crisis gets worse in the years to come.

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 more than $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.” 

For more information about our guest Mr. Michael Pento, please visit http://pentoport.com.  For more information about Retirement Lifestyle Advocates, please visit www.RetirementLifestyleAdvocates.com.   

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2021-12-19 EXPERT INTERVIEW – MICHAEL PENTO

Inflation is now running at three and a half times higher than the Fed’s target rate of 2 percent.  The Fed is clearly worried about this, and now appears poised to announce a doubling of the tapering at next week’s FOMC meeting in an effort to get the table set for interest rate hikes and normalization. On this week’s Retirement Lifestyle Advocates radio show your host Dennis Tubbergen talks with guest Michael Pento about the repercussions the Fed’s tapering action is likely to have on the markets. Listen in to hear Mr. Pento’s predictions for the markets in the coming year.

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 more than $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.” 

For more information about our guest Mr. Michael Pento, please visit http://pentoport.com.  For more information about Retirement Lifestyle Advocates, please visit www.RetirementLifestyleAdvocates.com.   

Click on the image above to listen to the show.

2021-06-27 EXPERT INTERVIEW – MICHAEL PENTO

“…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.” 

For more information about our guest Mr. Michael Pento, please visit http://pentoport.com.  For more information about Retirement Lifestyle Advocates, please visit www.RetirementLifestyleAdvocates.com.   

Click the image above to listen to the show.

2021-02-21 EXPERT INTERVIEW – MICHAEL PENTO

“You don’t have to look any further than the Federal Reserve, the disgusting institution that used to be in the business of bailing out banks on the margins if they had some bad debt they had to bring to the discount window. Now the Fed controls everything. They’re even vanquishing viruses.”  This is the view of our guest this week, Mr. Michael Pento.  Join your host, Dennis Tubbergen as he talks with Michael Pento about the economy and his forecast for the markets.

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 author of the book “The Coming Bond Market Collapse.” 

For more information about our guest Mr. Michael Pento, please visit http://pentoport.com.  For more information about Retirement Lifestyle Advocates, please visit www.RetirementLifestyleAdvocates.com.   

Click on the image above to hear the replay.

2020-09-20 EXPERT INTERVIEW – MICHAEL PENTO

If the U.S. Government measured inflation correctly, it would probably be closer to 8% than the 2% they project.  The dollar is at risk of losing reserve currency status and banks are at risk of collapse under weight of over $7 trillion worth of junk bonds and collateralized loan obligations and triple B debt.  On this week’s Retirement Lifestyle Advocates radio show, your host Dennis Tubbergen talks with Michael Pento about these issues and, more importantly, how to protect yourself and your portfolio from the massive fiscal and monetary cliff that we’re headed over.

Michael Pento is the president and founder of Pento Portfolio Strategies. He produces the weekly podcast “The Mid-week Reality Check” and is author of the book “The Coming Bond Market Collapse.”

For more information about Retirement Lifestyle Advocates, please visit www.RetirementLifestyleAdvocates.com.  For more information about our guest Mr. Michael Pento, please visit http://pentoport.com/

2020-04-12 EXPERT INTERVIEW – MICHAEL PENTO

Are we nationalizing the private investment market?  For the first time, since the inception of the Federal Reserve in 1913, they are actually buying corporate debt in the primary market.  This week’s guest on Retirement Advocates Radio, Mr. Michael Pento talks with Host Dennis Tubbergen about the implications of money printing on a scale that’s never been done before.

Michael Pento is the president and founder of Pento Portfolio Strategies. He produces the weekly podcast “The Mid-week Reality Check” and is author of the book “The Coming Bond Market Collapse.”

For more information about Retirement Lifestyle Advocates, please visit www.RetirementLifestyleAdvocates.com.  For more information about our guest Mr. Michael Pento, please visit http://pentoport.com/

2019-09-08 EXPERT INTERVIEW – MICHAEL PENTO

The last recession was preceded by a $1.5 trillion dollar sub-prime mortgage bubble.  Today we have a  $17 trillion dollar negative-yielding global sovereign debt bubble.  When will it burst? And what will the impact on the global and US economy be?  Listen in to the conversation on RLA Radio with this week’s guest expert, Michael Pento of Pento Portfolio Strategies, and your host Dennis Tubbergen.  They also discuss how pension plans, IRA funds, and 401(k) plans are way over-extended into stocks and the likely devastating impact of the next recession on your retirement.  Listen now!

For more information about Retirement Lifestyle Advocates, please visit www.RetirementLifestyleAdvocates.com.  For more information about our guest Mr. Michael Pento, please visit http://pentoport.com/

2019-03-17 RLA EXPERT INTERVIEW – MICHAEL PENTO

On this week’s program, host Dennis Tubbergen interviews Mr. Michael Pento. Michael is the president and founder of Pento Portfolio Strategies and author of the new book The Coming Bond Market Collapse. Today’s discussion centers on the central banks around the world, the low-interest rate corner they backed themselves in to, and what that might mean to our future financial stability.

For more information about Retirement Lifestyle Advocates, please visit www.RetirementLifestyleAdvocates.com. For more information about our guest Mr. Michael Pento, please visit pentoport.com/