Loading ...Bloomberg talking heads are asking how are the Feds gonna lower rates in June and some saying they need to raise rates. Trying to bring gold price down isn’t gonna change that or the problems they caused.
Pento thinks we’re in a melt up so to speak too but the crash, or recession could be sooner than later, around June or July. At what time he will be short and back in dollar that can make a lot of money if you get your timing right, also short term bonds again no help change to long term or Treasury s. I don’t know about bonds but treasuries should be paid. But after that comes back up the truck on gold. Similar to Hunter and others but Pento is trying to time it with financial data he can read pretty well. If that’s so close this could be more of a parabolic run it would seem.