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🔴 Things Are About To Get TERRIBLE With The Economy | Michael Pento 

CapitalCosm
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14 окт 2024

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Комментарии : 98   
@capitalcosm
@capitalcosm 3 месяца назад
⚡For all your gold & silver buying needs, be sure to email info@milesfranklin.com and write "CapitalCosm Sent Me" in the subject line for the most competitive pricing on physical that I could personally find out there 🥇🥈 ⚡Also be sure to check out Michael's socials and websites here: linktr.ee/michaelpento
@Finchlvr
@Finchlvr 3 месяца назад
Love Michael Pento! He is excellent.
@capitalcosm
@capitalcosm 3 месяца назад
Def is!
@spiritwarrior151
@spiritwarrior151 3 месяца назад
Michael is one of my favorite analysts. He is intelligent, articulate and tells ya how it is. Great interview
@julians472
@julians472 3 месяца назад
Pento is fantastic! He has a brilliant mind and speaks the truth. Great interview!
@stephenmcsweeney7562
@stephenmcsweeney7562 3 месяца назад
Pento's a great analyst
@tomdonovan4842
@tomdonovan4842 3 месяца назад
Thank you ✔️
@capitalcosm
@capitalcosm 3 месяца назад
Anytime Tom!
@tomdonovan4842
@tomdonovan4842 3 месяца назад
Thank✔️✔️
@tarojohn-zg8fd
@tarojohn-zg8fd 3 месяца назад
great podcast interview..it would be great if we could have more explanation of the five stages that Michael mentoned..
@mark-204
@mark-204 3 месяца назад
Go Michael Go
@capitalcosm
@capitalcosm 3 месяца назад
Yes sir!
@wapiti3750
@wapiti3750 3 месяца назад
Go Michael Go!
@mackakiwinz4353
@mackakiwinz4353 3 месяца назад
Mike is a realist and a living legend! Love hearing his perspective. Here in New Zealand I have renamed the middle class into the working poor ant people unfortunately this is now the majority of us as our incomes are pitiful to the cost of living crisis we face despite our efforts to live on the smell of a oily rag.
@sistahwoman3896
@sistahwoman3896 3 месяца назад
Go Michael Go!! Always appreciate your knowledgeable light in the current financial darkness ❤
@clarencehoover6748
@clarencehoover6748 3 месяца назад
Fiddling with the interest rates in either direction or tweaking Fed policy is no panacea. Mathematically, the system is beyond repair. A complete monetary default, restructuring and reset is essential and inevitable. Put on the big boy pants and rip off the band-aid. Time now for getting down to serious business.
@jean-louislalonde6070
@jean-louislalonde6070 3 месяца назад
Prepare for serious civil unrest.
@Gabber44906
@Gabber44906 3 месяца назад
Banks will NEVER be honest how solvent they are. They don't want a run on their bank.
@bravo0105
@bravo0105 3 месяца назад
Thanks for the interview with one of my favorite Austrian-School adherents!
@capitalcosm
@capitalcosm 3 месяца назад
Glad you enjoyed it!
@MetalBull2024
@MetalBull2024 12 часов назад
Tokyo is in the same hemisphere as North America. Hard to fault Rick but maybe his geography isn’t as good as his geology! Love him. X
@Type57SC
@Type57SC 3 месяца назад
Market crash fatigue is affecting many people who are tired of hearing bad news. I want to diversify my $250k portfolio.
@MasonKalair
@MasonKalair 3 месяца назад
I completely agree. It's not just about the dividends, Diversifying a portfolio can be a smart move and improve risk management, i always advise one gets a professional to help you out.
@NebulaQuestor
@NebulaQuestor 3 месяца назад
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
@BrewNoCarbs
@BrewNoCarbs 3 месяца назад
I've been getting suggestions to use a market expert too, but where and how to find one has been challenging, Can i reach out to the one you use?
@NebulaQuestor
@NebulaQuestor 3 месяца назад
I'm cautious about giving specific recommendations since this is an online forum and everyone situation is unique, but I've worked with "Melissa Elise Robinson" for years and highly recommend her. Look her up to see if she meets your criteria.
@BrewNoCarbs
@BrewNoCarbs 3 месяца назад
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
@MikeTesa
@MikeTesa 3 месяца назад
The dollar bill is worth $0.10 of the dollar of what it used to be. Food prices still going up.. house prices still climbing in my area outside of NYC... Stock prices breaking new highs... Go figure nothing is stumbling!
@capitalcosm
@capitalcosm 3 месяца назад
The stock market also hit all time highs in hyperinflationary Weimar
@michaeldonnellan8630
@michaeldonnellan8630 3 месяца назад
Smart move to interview Mr. Pento : Top Gun Guy
@ld9044
@ld9044 3 месяца назад
I like your guest list. New to channel. 🙂
@kevinbutlett6790
@kevinbutlett6790 3 месяца назад
Go michael go
@capitalcosm
@capitalcosm 3 месяца назад
Yes sir!
@bryangionet4949
@bryangionet4949 3 месяца назад
I never understood Michael's view one long duration. If the fed cuts wouldn't they go back to QE to ensure long duration rates go down?
@raydemos1181
@raydemos1181 3 месяца назад
The only thing you should ask a Bank is give me my money back
@capitalcosm
@capitalcosm 3 месяца назад
Well put!
@hoytstill3955
@hoytstill3955 3 месяца назад
A real estate bubble will be hard to crack with more money printing and lower rates in our future.
@lepton31415
@lepton31415 3 месяца назад
omg. he is 60?? man I clearly haven't aged well lol
@capitalcosm
@capitalcosm 3 месяца назад
Same here! And I'm half his age!
@caroledoerr6872
@caroledoerr6872 3 месяца назад
The financial system died on 2008. This is the endgame so that global digital currency will be the laws of the land!
@jean-louislalonde6070
@jean-louislalonde6070 3 месяца назад
The system will crash, people will be ruined and panick, the Fed will come and say: I have the CBDC solution! And people will jump into the frying pan, abandoning their monetary freedom. You can see it coming months in advance.
@jamesmitchell6483
@jamesmitchell6483 3 месяца назад
Yes, I am thinking more, like depression, then HYPERstagflation !
@jxschw
@jxschw 3 месяца назад
"kicked off by CNBC" is a badge of honor!!! Oops...The interviewer said that as I'm typing this. But it's worth repeating repeating repeating
@capitalcosm
@capitalcosm 3 месяца назад
sure is!
@robertanderson4028
@robertanderson4028 3 месяца назад
Michael wears his "got the boot from CNBC" like a badge of honor, LOL. (33 minute mark)
@capitalcosm
@capitalcosm 3 месяца назад
Thanks for the shoutout lol
@jean-louislalonde6070
@jean-louislalonde6070 3 месяца назад
I know a French journalist who wears his ''got nicknamed pope of fake news by Le Monde'' like a same badge of honour!
@vincentmurphy9252
@vincentmurphy9252 3 месяца назад
No cuts - that’s the past dude Rate cut .25 just to try to make people happy. Everyone is addicted to low rates ( to low rates)
@jedg4746
@jedg4746 3 месяца назад
Don’t you listen to Pento. The economy can not sustain even 3 or 4% anymore. Rates will soon be back down to 2% soon enough. Giant Government debt at 5% is unsustainable - most of government expenditure is now interest in debt.
@Gabber44906
@Gabber44906 3 месяца назад
Money markets are not insured, that us a concern
@Hawka-Loogy
@Hawka-Loogy 3 месяца назад
Of course they are
@Gabber44906
@Gabber44906 3 месяца назад
Daniele Martino Booth says we have been in recession since October.
@Gabber44906
@Gabber44906 3 месяца назад
Will 30 year treasuries soar soon?
@mgiannuzzi
@mgiannuzzi 3 месяца назад
Inheritance From the Planet Krypton Kryptheum Synthetic GOLD AI "Bouncing Betty"
@HoneyBadger80886
@HoneyBadger80886 3 месяца назад
After 50 years of saving in banks I now save in bitcoin.
@capitalcosm
@capitalcosm 3 месяца назад
Hope it works out for you my friend!
@geoffrobinson
@geoffrobinson 3 месяца назад
I’m not sure we have a housing bubble because supply is tight
@capitalcosm
@capitalcosm 3 месяца назад
This is true - I'm kind of on the fence with this one
@jcgoogle1808
@jcgoogle1808 3 месяца назад
@rossperreault3199 Of course supply is tight. Existing homes make up the largest part of the market. No one who has a 3% mortgage is going to sell their home only to move into the similar home at a higher price with a 6 or 7% mortgage. The way the local property tax appraisal districts arejacking up home values each year if you just mow the lawn and the insurance companies following suit,.. laughing all of the way to the bank,... is robbery. And on top of that,... people are suffering accumulated inflation of 20 to 30% and ongoing inflation of 4% (that's reported.// real is higher),... because of the criminal deficit spending of this incompetentcorrupt Bribem administration. They're giving aways $100's billions to college students for you to carry the burden of repayment. If you voted for Bribem and the demcorats,.. you're getting what you deserve. If you vote for them again,.. you're just tooinsane to vote.
@MeJonTheDon
@MeJonTheDon 2 месяца назад
Supply is tight at these interest rates yes, but if people who have. The aren't selling becuase if the lock in effect, that means they don't aren't the ones really participating in the wealth gain from the stock market. And similarly, the people not buying also don't gave the cash. So if interest rates go down, the sellers can then afford to sell at lower prices and will to compete, if they want to get out of the house either permanently or into another. If prices keep staying high, with new home building also coming onto the market without buyers, it will be notably cheaper to just buy raw land and all the labor and materials that go into a home that are now longer being bid up, since prices and breadth of the high prices are not enough to move the whole market for the few homes that are selling. Average prices are high becuase inky those with wealth are able to transact right now, and as more comes online, that trend grows in the other direction. May never be exactly what it used to be priced at, but certainly has a long way to fall to be a market that works for everyone, existing home owners included.
@sumpunonel262
@sumpunonel262 3 месяца назад
One cut this year, not two
@capitalcosm
@capitalcosm 3 месяца назад
That's what Powell said!
@jean-louislalonde6070
@jean-louislalonde6070 3 месяца назад
@@capitalcosm Last December Powell said to expect six or seven rate cuts in 2024!!! No inflation here...
@gusforrester
@gusforrester 3 месяца назад
Invest in Bitcoin before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth.
@CierraMetzga
@CierraMetzga 3 месяца назад
Successful investment starts with clear goals and risk assessment, often best done with a financial advisor's help
@cr8zymichael
@cr8zymichael 3 месяца назад
James Clark's market insights have consistently led to profitable decisions.
@isttaattat
@isttaattat 3 месяца назад
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
@AseoLimpieza
@AseoLimpieza 3 месяца назад
Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.
@semendx
@semendx 3 месяца назад
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
@lustgarten
@lustgarten 3 месяца назад
Michel get a light for your face. Is $20 too much an investment?
@jean-louislalonde6070
@jean-louislalonde6070 3 месяца назад
He's gloomy but he's also right...
@Monsdi
@Monsdi 3 месяца назад
Pento has been wrong since November 2022. Go back and listen to his positioning. Directly request his portfolio performance from his investor lady. He’s gotten smoked. Ok or maybe he’s 10 years early….
@Booblickoff
@Booblickoff 3 месяца назад
Michael predicted 117 out of the last three recessions.
@monkeyrater
@monkeyrater 3 месяца назад
I respect Michael a LOT but he has nothing to say about BRICS dedollarizing or Saudi Arabia leaving the petro dollar. Both those things will be what causes an economic crash for the US.
@capitalcosm
@capitalcosm 3 месяца назад
They are just icing on the cake
@carbonduke01
@carbonduke01 3 месяца назад
The dollar is the biggest problem. Everything else is just noise. This is the problem that this country never faced before.
@ronnie2.803
@ronnie2.803 3 месяца назад
No. We will not laugh at stupidity that says it is possible to go to banks & ask for huge loans when u have a debt of 700%…ignorance is the greatest evil & we do not laugh at evil.
@joeyf6133
@joeyf6133 3 месяца назад
Go Michael go
@capitalcosm
@capitalcosm 3 месяца назад
Let's go Michael!
@caroledoerr6872
@caroledoerr6872 3 месяца назад
Go Michael Go
@HoneyBadger80886
@HoneyBadger80886 3 месяца назад
Go Michael go
@capitalcosm
@capitalcosm 3 месяца назад
Let's go Michael!
@jimo721
@jimo721 3 месяца назад
Go Michael go
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