Michael Pento: Asset Crash to WIPE OUT Investors

If the high cost of living is cramping your lifestyle and postponing your retirement plans, despite glowing CPI and stock market numbers from official sources, you're not alone.

And did you know that investment firms provide the wealthy with very different financial advice and opportunities than what they offer to ordinary people? Most wage earners and professionals dutifully follow the standard "buy-and-hold" advice that mainstream financial planners provide to their middle-class clients. These same financial firms and family offices provide the high-net-worth elite class with an entirely different kind of insight and guidance about what's coming.

With the Fed's recently announce ZIRP for years ahead and unlimited printing/debasement of the US Dollar, one highly respected money manager is warning that the propped up stock and bond markets are overripe for a sudden crash that will devastate the finances and futures of most middle-class investors. Michael Pento, founder of Pento Portfolio Strategies returns to Liberty and Finance to set the record straight on what's really going on, and what we can do about it!

Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the NYSE. He is the author of The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market.