Michael Pento – Falling Interest Rates – Rocket Fuel for Gold – Intractable Inflation Very Dangerous New Paradigm

Money manager Michael Pento gives his simple economic road map. Pento says, “We’re going to have one final whoosh down in stock prices and in the economy. That’s going to bring Jerome Powell (Fed Head) back to 0% interest rates and back into QE (money printing), and then it is intractable inflation for as far as the eye can see. That is going to be a very, very dangerous new paradigm for the world. We are all going to look like Rome. Real interest rates will be falling, and that is rocket fuel for gold.”

READ  Deep Corruption: Is The System Falling Apart?
READ  Up to 92,000 drivers are at 'imminent risk' of losing their licence in 'alarming' rates




Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.