Michael Pento: Asset Prices Collapse Near, Fed Can’t Raise Rates Much
- 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! Michael Pento’s Pento Portfolio Strategies: https://pentoport.com Introduction:
01:25 Yield curve control on US debt
04:38 Why don’t China and Japan dump US debt?
11:01 Falling tax revenue
15:05 How the repo market is changing?
18:57 What’s with the Fed’s taper talk?
21:05 Is it time to protect money?
25:55 Dollar collapse against assets
30:40 Why gold and silver prices are down