Pento: When the Fed Gets the Inflation It Wants, Fixed Income Will Implode, Yields Will Skyrocket

Click Here to Listen to the Interview - *the interview begins at 7:01

Michael Pento explains why he believes central bankers must perpetually keep interest rates near zero - and the massive inflationary bubble economy that will likely result. Also, find out how Michael is approaching gold and gold related investments for his clients right now.

Click Here to Listen to the Interview - *the interview begins at 7:01

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.