“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.”
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.”
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.
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.”
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!
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.