Recessions Are the Best Time to Buy Gold 'With Both Hands': Michael Pento

Founder of Pento Portfolio Strategies Michael Pento believes that the perfect time to buy gold is when interest rates are falling as a result of Fed policy used to counteract a recession. As Michael and many other analysts see a recession up ahead, he argues that we are entering a phase in the economic cycle where gold's value will outshine many other financial assets.
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Pento Portfolio Strategies: pentoport.com
Phone: [phone]
00:00 Introduction
00:24 Michael Pento Origin Story
02:08 Bond Market is Collapsing
04:40 We Are in a Bear Market
08:15 How Michael Views Markets
11:00 Gold Shines in Recessions
14:10 What About Silver?
15:07 Thoughts on BRICS Currency
17:53 Is the Fed Ignorant or Evil?
20:43 Is There Hope For the Future?
#gold #recession #preciousmetals

[@DTrent-uy1wl]

Michael Pento is the best plus he’s a man of God. Even better

[@pistolpete8539]

Michael is a living legend. Top-notch guy.

[@duanejackson6718]

I've heard of Michael Pento, I never believed he was real until now.

[@barrywagoner5191]

Michael is on my very short list of people I respect. He's smart, honest, and not constantly on various KZbin channels making outrageous or uninformed predictions.

[@CommodityCulture]

Agreed, very sharp and free of hyperbole.

[@averageeuenjoyer9817]

Michael Pento is always excellent ! Thank you !

[@CommodityCulture]

Agreed and thanks for watching!

[@CatPDX]

Super to see Michael on your channel!

[@dillonsawyer9377]

Michael great to hear and learn from you. Gold

[@BlueWaterSTAX]

Good job guys. Thanks for the update

[@thehungergames8918]

Thank you guys 😃👊

[@businesspins5825]

Love M Pento 🏆👍🏼

[@chilibaldrr840]

Top notch guest.

[@scottkann3554]

Mr pento speaks, I listen.

[@jameshanson8889]

2nd derivative gives a picture of parabolic action, which always corrects. Volatility.

[@wheatcandle]

I love the portfolio strategies Pento advocates of.

[@JonasBlom]

Brilliant thanks!

[@loboplateadostacker]

Masterclass.

[@GoodmanMIke59]

11:00 you mentioned the "second derivative" twice in several minutes. I haven't thought about second derivativea since I last took differential equations as a young engineer. When I need to study calculus to invest, it means I need to hire somebody like you. And there aren't enough people out there to trust. And if I'm ever wrong in picking someone to trust, it means I have to ride a roller coaster. I've got it under control. Later.

[@jameshanson8889]

It takes little thought and no math to understand that he is stressing acceleration of certain indicators.

[@DarR1299]

The second derivative for bonds is the convexity of the curve: ie price goes up when yields drop and vice versa but not linear. The second derivative for options is Gamma, the rate of change in sensitivity of the option price given a change in the underlying asset price.

[@nyjetsfl632]

Waiting for the 4 horsemen

[@edwardtucker8219]

Jesse, love the origin stories! Thanks! Michael Pento, having worked on the trading floor, has that institutional memory. Amazing how you always get such great guests. They say KZbin suppresses total subscriber numbers, as evidenced by people who left, and when they got to their new site, their subscriber numbers were through the roof. I am perplexed as to why you do not have over 100,000 subscribers. Perhaps KZbin does not like your critical thinking with regard to politics? Anyway, keep on doing what you do, as you do it so very well!

[@quixomega]

Gold is a commodity, money is supported by an army and gold has no army.

[@Antonocon]

Has Michael ever thought of opening up an office in Europe to obtain some European customers?

[@issenvan1050]

We don’t need a depression. Pento should watch Hanke.

[@MichaelHarrington17]

There is no credit discipline under fiat currency regimes.

[@MichaelHarrington17]

There is no bull market on the horizon short of some new incredible technological advance in energy. However, there is enough liquidity and FOMO for significant melt-ups that may confirm technical bull indicators. They are false signals, but investors will key off them. At some point the melt-ups will implode.

[@peterbedford2610]

If rates decline and gov keeps borrowing more, gold will move upward. May take a year or two.

[@yupingsun40]

the best time to invest is buy leveraged stock market index etf during recession and hold for 2 years.

[@CommodityCulture]

Completely disagree, leveraged ETF products are garbage imo.

[@issenvan1050]

Inflation is dead & recession is right around the corner.

[@RUANGRITKURUSISK]

❤😊

[@RealityTrailers]

When is the best time to buy silver or gold? Only buy when you can afford to buy, that's the best time to buy. Precious metals are for long term wealth holding, not quick return on investment.

[@CommodityCulture]

Agree with you here.

[@JohnWilliams-wz9vk]

Buy silver at..20...1 dollar premium

[@issenvan1050]

Humans do not create.

[@richardteague5563]

WE'VE HEARD ORIGIN STORIES OVER AND OVER!

[@CommodityCulture]

There's chapter markers, you can easily skip past them if you're not interested.

[@joshuaburns3167]

Guys like Pento are great but make sure you know charts and psychology if your going to play the markets. Youll lose alot of money making opportunities sticking with one guys thesis.

[@CommodityCulture]

That's why I speak to a wide variety of guests. I think the best approach is listening to as many people as possible, then doing one's own DD to draw conclusions.

[@joshuaburns3167]

@@CommodityCulture of course, he's going to be right I'm sure. Its all about timing though

[@brianwest7344]

lol, EU is a nation, it may be on its way but it not there yet

[@juanlauda2300]

talks too much....

[@chrisg9852]

Yeah yeah, gold is going higher, we all know the theory and thesis yet I'm willing to bet that it pulls back yet again when or if it ever hits $2000 again.

[@bdek68]

Gold is up 8X in the last 20 years! Do some research. It’s going much higher due to the money printing machine of the last 20 years.

[@russellpatey374]

Bitcoin🎉