Money manager and economist Michael Pento says his portfolio is now weighted with 20% Gold and Silver. He predicts Fed policies that are coming soon on inflation and interest rate suppression “will be rocket fuel for gold and silver. . . .And gold and silver are just getting started. . . . If Bitcoin is $10,000 per unit, why can’t gold be $5,000, $10,000 or $15,000 per ounce? With the amount of dollars out there, it could easily be $5,000 or $8,000 per ounce, and that is where it is headed.”
Pento also says, “The bond market will eventually collapse, but the biggest collapse coming is the faith in all fiat currencies.”
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