Next Crisis: New Gold Highs Amid Soaring Inflation | Michael Pento

Economic growth is about to slow further, says portfolio manager Michael Pento. He sees a disinflationary credit crisis first, then inflation to increase. Real interest rates will collapse, slingshotting gold to all-time highs. Find Michael online: http://pentoport.com

1:21 COVID resurgence4:46 Margin debt high6:20 Fed policy9:53 Disinflation13:36 Bullish on gold17:08 Silver update17:54 Fake economic growth

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.