Stocks Will Crash Faster & Deeper This Time | Michael Pento
Portfolio Manager Michael Pento says the stock market will soon crash faster than the historic decline at the beginning of the COVID crisis.
0:00 Intro1:56 Inflation or not6:36 How inflation impacts you9:34 Impact of Basel III11:30 Before its too late14:03 CBDCs vs private cryptos17:55 Cashless society24:21 Traditional financial planning28:40 Gold & silver33:11 Outlook & coming crash
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