Gold •172 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 936.40 | +12.90 | +1.40% | |
WTI Crude •1 day | 69.46 | +0.08 | +0.12% | |
Gasoline •1 day | 1.942 | +0.019 | +0.98% | |
Ethanol •172 days | 2.161 | +0.000 | +0.00% | |
Silver •172 days | 30.82 | +1.16 | +3.92% |
Silver • 172 days | 30.82 | +1.16 | +3.92% | ||
Copper • 172 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 72.94 | +0.06 | +0.08% | ||
Natural Gas • 1 day | 3.748 | +0.164 | +4.58% | ||
Heating Oil • 1 day | 2.232 | -0.006 | -0.27% |
Contributor since: 19 Oct 2011
Michael Pento produces the weekly podcast "The Mid-week Reality Check", is the President and Founder of Pento Portfolio Strategies and Author of the book "The Coming Bond Market Collapse."
I have long predicted that our central bank's debt monetization efforts would be of greater quantity and duration than most everyone at the Fed and…
The gradual erosion of the U.S. dollar's status as the world's reserve currency has been greatly hastened of late. This is due not only to…
Former Treasury Secretary Hank Paulson weighed in on the budget and debt ceiling gridlock in Washington and offered a solution last week by saying, "I…
The sad truth is that the primary function of the Fed and Treasury has now become the sustention and expansion of disastrous asset bubbles. In…
The President of the Europe's central bank said back in July of 2012 that it would fight rising borrowing costs by doing "whatever it takes"…
Wall Street is now reflecting upon the fifth anniversary of the Lehman Brothers bankruptcy and the start of the Credit Crisis. In fact, most are…
After being bullish on equities for most of 2013, back on July 16th I warned that the U.S. stock market was due for a significant…
While officials from the Federal Reserve gather recently in Jackson Hole Wyoming to bemoan that inflation isn't yet high enough for their liking, the truth…
Wall Street and Washington love to spread fables that facilitate feelings of bliss among the investing public. For example, recall in 2005 when they inculcated…
I generally shy away from making time-specific economic and stock market predictions simply because they are extremely difficult to accurately pinpoint. During 2006 I warned…
Each of the last five years Wall Street pundits have predicted, and our government has promised, that a second half recovery in the economy will…
A major determinant for U.S. GDP growth is the state of the real estate sector. The construction of new homes contains only small section of…
The prevailing mantra on Wall Street is that gold's bull market is now over and it's time to bury precious metals as an investment theme…
To best answer the question as to where U.S. Treasury yields are headed in the next quarter or two, it is important to know where…
I have warned investors in the past that the Fed's rapid expansion of credit would cause the U.S. economy to enter a period of unprecedented…
The incredibly confused Fed is desperately trying to maintain its unprecedented control over the most important price signal in our economy, which is the level…
The Fed has recently expressed a desire to begin winding down its Quantitative Easing program in the next few months. This would be the first…
Wall St. Pundits have summarily exculpated Ben Bernanke from the negative effects derived from artificial interest rates and massive increase in the Fed's balance sheet.…
It is amazing so many investors are oblivious to the fact that the developed world is completely addicted to artificially-produced low interest rates. Perhaps that…
Billionaire hedge fund manager, David Tepper, made news this week when he emphatically stated that investors have nothing at all to fear regarding the eventual…