Worldwide Debt Default – Michael Pento

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The yield curve will invert, leading to a shrinking of the money supply, and a recession later this year, Michael Pento of Pento Portfolio Strategy tells Silver Doctors.

He says bonds currently are the “most mispriced assets in the history of the world.” He sees a world wide default on debt coming.

The stock market is also in trouble. There is a confluence of events coming in the fall that will lead to a bear market like we haven’t seen in a decade.

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How can small or medium investors navigate the coming crises? Stay tuned to find out!

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