Money manager Michael Pento says we will have “deflation” first and then “runaway inflation.” Pento says this means gold is the place to be for the foreseeable future. Pento contends, “There is going to be a run on gold like we have never seen before. There is going to be a super-spike in the precious metals. . . . These are unprecedented times coming, and you should take physical possession of your gold. I like gold and I like silver, and I like platinum. I most especially like gold though. . . . This is happening now. The bond bubble is bursting.”
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with economist Michael Pento of Pento Portfolio Strategies.
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