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"What's Coming is Worse Than Any Recession..." Michael Pento

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“What’s Coming is Worse Than Any Recession…” Michael Pento

 

Gold and silver news today: a money manager who has been called a gold bug for years just sold his gold mining stocks. He hasn’t changed his mind about gold. He’s waiting for a moment he believes is now less than a year away.

Michael Pento of Pento Portfolio Strategies explains why Treasury yields keep climbing even as the Fed tries to hold them down, why he calls the United States an insolvent nation, and why the next recession could push annual deficits toward a number that has never been seen outside a crisis.

He also explains why the government’s usual rescue playbook may not work this time.

Then he turns to gold. Pento explains the one condition that is holding gold back right now, the year he expects the economy to break, and exactly what he plans to do with gold and the miners when it does. He also explains why he expects “hyper-stagflation” to follow.

 

 

Chapters: 0:00 Why Treasury yields keep rising 1:05 An insolvent nation: debt at 720% of revenue 2:10 The global anchors are gone, and the Fed is stepping back 4:06 Why the speed of the rate rise matters more than the level 5:27 $6 trillion deficits in the next recession, and no easy bailout 8:05 Warsh, QE and why the Fed will print too little, too late 9:25 Hyper-stagflation and an over-leveraged economy 10:20 The real-rate headwind holding gold back 11:20 Why he sold his miners, and why he’d buy the weakness 12:30 The recession playbook: going all in on gold miners This video is a condensed summary of a longer interview with Michael Pento, originally recorded with Jesse Day for Commodity Culture, edited for gold and silver investors who want the key takeaways without the full runtime. Only the guest’s own remarks are included. This is market commentary and educational content, not financial or investment advice. All forecasts are the guest’s own statements and have not been independently verified. Do your own research before making any investment decision. If you found this useful, subscribe for daily gold and silver news, price predictions and interview breakdowns. #MichaelPento #GoldPrice #Recession2027

 



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