Michael Pento

Euro Pacific

Contributor since: 29 Jul 2010

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• Wall Street Gives Uncle Sam Too Much Credit

  Published 13 December 2010 | viewed 0 times

  Despite the fact that the S&P is up over 80% in the last 21 months, US financial firms are currently tripping over each other in…

• Bernanke: 60 Minutes, 2 Big Lies

  Published 07 December 2010 | viewed 0 times

  This past Sunday on the CBS program "60 Minutes", Americans received a massive dose of mendacity from our Fed Chairman. Mr. Bernanke's shaky delivery, and…

• Does the Fed Create Money?

  Published 22 November 2010 | viewed 0 times

  Certain deflationists have recently gone on record saying that the increase in the Fed's balance sheet is meaningless with regard to creating inflation because our…

• Gold's Allure Tied to Interest Rates

  Published 17 November 2010 | viewed 0 times

  The continued bull market in the price of gold has been one of the staple discussions in the financial media for the better part of…

• An Inflationary Death Spiral

  Published 08 November 2010 | viewed 0 times

  It seems the Fed has given up on the idea that the country can build a viable and stable economy through the conventional means. Instead,…

• Five Bitter Pills or One Sweet but Deadly?

  Published 03 November 2010 | viewed 0 times

  It seems the current Chairman of the Federal Reserve is of the belief that diluting the dollar is the cure for everything from a recession…

• Don't Fear the Euro

  Published 22 October 2010 | viewed 0 times

  When the euro hit a low of $1.1917 against the US dollar on June 7th, 2010, the airwaves crackled with assertions that the European common…

• Gold Vs Treasuries - Which Do You Believe?

  Published 12 October 2010 | viewed 0 times

  Any psychoanalyst looking at the behavior of investors today would see clear strains of schizophrenia in a comparison between the markets for gold and US…

• Why David Tepper Is Only Half Right

  Published 01 October 2010 | viewed 0 times

  Billionaire David Tepper, one of the most successful hedge fund managers in the world, attracted much attention in a September 24th CNBC appearance by presenting…

• The 'Deleveraging' Deception

  Published 20 September 2010 | viewed 0 times

  There is wide agreement among economists and the financial media that our lackluster economic performance stems from continued "deleveraging" among consumers and businesses. Although it…

• Does the Fed Ultimately Control Interest Rates?

  Published 13 September 2010 | viewed 0 times

  In forecasting the consequences of current economic policy, many pundits are downplaying the risks associated with the surging national debt and the rapid expansion of…

• Bernanke Out of Bullets, But Not Bombs

  Published 01 September 2010 | viewed 0 times

  Word on the street is that the Fed is now "out of bullets." Many economists fear that in its efforts to spur recovery, the Fed…

• The Fed's Biggest Bubble

  Published 24 August 2010 | viewed 0 times

  I've made a living out of exposing economic fallacies, but there's one whale that I can't seem to harpoon. Even top-flight Wall Street analysts seem…

• Dr. Keynes Killed the Patient

  Published 17 August 2010 | viewed 0 times

  A morbidly obese gentleman labored into Dr. Hayek's office suffering from severe chest pain. The patient also complained that he was unable to consume his…

• Why Jobs Have Gone AWOL

  Published 10 August 2010 | viewed 0 times

  There are three primary reasons why the US is suffering from structurally high unemployment: a pervasively irresponsible monetary policy, the continued attenuation of our manufacturing…

• Don't Lose Sleep over Deflation

  Published 29 July 2010 | viewed 0 times

  After hearing the dire warnings of deflation that have become the standard talking points of most economists, American investors may be reaching for a bottle…