Michael Pento with Patrick V. on Silver Bullion TV
SBTV spoke with Michael Pento, founder of Pento Portfolio Strategies, about how the Fed’s Taper Tantrum specter will affect markets. If the last taper exercise could not raise rates beyond 2.5%, the Fed knows they risk collapsing asset prices should rates are hiked a tad too high!
FULL SHOW NOTES AND LINKS HERE
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See also Gold prices could notch an all-time high soon — and stay there:Gold’s all-time high was $2,075 in August 2020, according to Refinitiv data.Tina Tenge from financial services company CMC Markets,xpects gold will trade between $2,500 to $2,600 an ounce.