Your Holiday Weekend Jackass

We’ll speak with Jim again in a few weeks for our annual year-in-review and look ahead. For today, however, I thought we should mainly focus upon the three main subjects that have Jim’s attention into the end of 2018. And as you might imagine, there’s quite a bit in between, too…

Source: https://www.tfmetalsreport.com/podcast/9081/your-holiday-weekend-jackass

Best VC Prices: Elon Musk backs The Boring Company, Samsung and BMW are Financing Mapillary

A peer-to-peer car-rental firm named Turo (formerly called RelayRides) increased $12 million in series D financing by American Express and Sumitomo. The funding brings the organization’s total capital raised to $205 million…

Source: https://readheroes.com/2018/09/17/top-vc-deals-elon-musk-backs-the-boring-company-samsung-and-bmw-are-backing-mapillary/

‘Anti-competitive’ Facebook nervously awaits stock market verdict after leak

Facebook was set for a hammering on the stock market on Thursday, a day after a trove of secret documents was made public…

Source: https://www.dailymail.co.uk/news/article-6466839/Anti-competitive-Facebook-nervously-awaits-stock-market-verdict-leak.html

Michael Pento – Fed Will Pursue Radical Inflation

Money manager Michael Pento says things are going to get much worse from here. Pento explains, “They understand when the stock market goes down, consumption and the wealth effect crumble, and the economy is going to falter. So, they are going to have to pursue a radical inflation goal. ”

So, what is going to happen to the price of gold and silver? Pento says, “When they do this and they (the Fed) have to change and go from . . . draining its balance sheet and admit that they have permanently monetized $4.5 trillion of debt, and they will only be able to increase the size of their balance sheet and never be able to drain it and never be able to raise interest rates, gold and silver that has long been suffering . . . are going to rip higher like they have never done before. Gold and silver and the mining shares are going to go like a rocket ship, higher. . . . If I was a poor guy or a rich guy who wanted to preserve his purchasing power, I would be buying physical gold and silver, and mostly gold.”

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with money manager Michael Pento of Pento Portfolio Strategies.

Donations: https://ift.tt/2x3eK6c

Stay in contact with USAWatchdog.com: https://ift.tt/2vr1YSu

All links can be found on USAWatchdog.com: https://ift.tt/2EjjVXv
View on YouTube