CBs Cannot Prevent Interest Rates & Precious Metals Slingshot | Michael Pento
?EUR How can we protect ourselves from this largest collapse in history? Fund manager Michael Pento of Pento Portfolio Strategies, returns to Liberty and Finance / Reluctant Preppers to explain why the current bubble markets have become "wards of the state" which will be inflated until a massive implosion, and what baby boomers hoping for a retirement must do to avoid becoming casualties in the times ahead. Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the NYSE. He is the author of The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market