Michael says the inventory market can have one ultimate transfer down. Then comes intractable inflation so far as the attention can see. Right here’s what it means for gold…
Michael Pento interviewed by Greg Hunter on USA Watchdog
Cash supervisor Michael Pento offers his easy financial highway map. Pento says, “We’re going to have one ultimate whoosh down in inventory costs and within the financial system. That’s going to convey Jerome Powell (Fed Head) again to zero% rates of interest and again into QE (cash printing), after which it’s intractable inflation for so far as the attention can see. That’s going to be a really, very harmful new paradigm for the world. We’re all going to appear to be Rome. Actual rates of interest might be falling, and that’s rocket gasoline for gold.”
Be a part of Greg Hunter as he goes One-on-One with cash supervisor Michael Pento of Pento Portfolio Methods.