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Michael Pento on Greg Hunter

25 Jan

Pento is too good.  Reminds me of Robert De NIro in the movie Raging Bull.

He knows his stuff.  He’s expecting a big step downward in the economy circa March.

video    00:25:37

 

 

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3 responses to “Michael Pento on Greg Hunter

  1. Steven

    January 25, 2016 at 11:23 AM

    Bank of England mulls “nuclear option” of cash injection
    The Bank of England is working on radical plans to inject cash directly into the economy – the nuclear option to be used only when interest rates approach zero. http://www.telegraph.co.uk/finance/personalfinance/interest-rates/3551328/Bank-of-England-mulls-nuclear-option-of-cash-injection.html

    How did George Soros “break the Bank of England”? By Andrew Beattie http://www.investopedia.com/ask/answers/08/george-soros-bank-of-england.asp

     
  2. Steven

    January 28, 2016 at 6:48 AM

    1/28/2016 –

    Germany transfers 210 tonnes of gold back to the country – Business Insider

    http://www.businessinsider.com/germany-transfers-210-tonnes-of-gold-back-to-the-country-2016-1

    Germany is accelerating a program to bring its gold back to the country, after decades of storing the majority of its reserves overseas.

    According to a statement, in the past year, the Bundesbank, Germany’s central bank, has moved 210 tonnes of gold into its vaults in Frankfurt, bringing 110 tonnes back from Paris, and just short of 100 tonnes from the Federal Reserve building in New York.

    Germany is getting its hand on gold. Russia has been gathering as much gold as possible as has China and India. One gets the feeling that people are seeing Fiat currency at risk. Germany probably remembers the destruction of their currency in the 1920’s and they know gold is real.

     
  3. dog-move

    January 30, 2016 at 11:22 AM

    sell the markets on any strength on this short-term dead-bull bounce— buy gold and silver on last of weakness at present– oil has bottomed in my opinion, 3 weeks ago. the platform that has supported the dollar in the last 6 months is giving way. Brazilian real has bottomed with oil, should move lockstep up with oil. developing nations such as brazil will better service their loans to the n.y. banks with stronger currencies.

     

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