Michael Pento is an interesting one. Just like most Gold
Bugs....he is convinced that any given moment we are one pubic hair away from
Armageddon. And we are talking thin, wispy, Caucasian pubic hair, not Asian or
African-American. But he is just a bit more mainstream and gets more
interviews on CNBC and airtime on more grounded networks, so does more damage with his "views". In his latest interview he
reaches two dramatic conclusions.
1)
We will have a crash in global economic/stock market crash 2017
2)
Helicopter money will start soon after.
Where
have we heard "crash" predictions from this man before?
1)
Uh 2011... titled Train
wheels off...Crash Helmets on.
2)
In 2012 with a video titled "Financial Collapse is inevitable."
3)
And in 2013 The bond market is headed for a meltdown, and that
collapse may bring down the governments of Japan, Europe and the United States,
says Michael Pento, president of Pento Portfolio Strategies.
4)
And in 2014..."Signs of
next stock market crash is rapidly approaching"...yeah I noticed the
grammar too.
5)
And in 2015.."Today one of the greats (really?? Greats?) in
the business warned King World News that the world will see a shocking
crash in 2015. He also warned this crash will bring with it enormous
chaos and crisis as it engulfs the entire planet. Michael
Pento: “Investors need to be
strategically allocated. Their portfolios have to be prepared for
volatility like we’ve never seen before because government manipulations have
caused the market to repeatedly lose half of its value. That’s what
happened in the year 2000. That’s what happened in the year 2008.
And we are due for just such another crash
