Michael Pento

Delta Global

Contributor since: 26 Feb 2010

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• A High Unemployment Rate Correlates to a High Rate of Inflation

  Published 22 June 2009 | viewed 3,893 times

  It absolutely amazes me how sanguine the Fed, Treasury and Administration are about the prospects for subdued inflation. What they and many economists like to…

• Plastic Green Shoots

  Published 15 June 2009 | viewed 2,767 times

  Most investors and pundits are celebrating the green shoots of economic stabilization and the belief that there will be a "V" shaped recovery in GDP…

• The Consequences Have Started to Arrive

  Published 09 June 2009 | viewed 5,023 times

  The consequences of adopting a weak dollar and inflationary monetary policy to bail out the economy have begun to manifest themselves, although the real effects…

• The Plummeting Dollar Prosperity Plan

  Published 04 June 2009 | viewed 4,297 times

  It is becoming painfully obvious that the Fed, Treasury, and Administration's disastrous recovery plan hinges on the devaluation of the U.S. dollar. Their specious strategy…

• It's Decision Time in the USA

  Published 24 May 2009 | viewed 5,228 times

  Last week Standard and Poor's announced that the AAA credit outlook of the United Kingdom was lowered to "negative" from "stable." The action caused many…

• Who Will TARP America?

  Published 19 May 2009 | viewed 3,572 times

  Last week the nation's number one trucking company, YRC Worldwide Inc., announced that it will seek $1 billion in TARP assistance to bailout the company's…

• The Bad Old days are Here Again

  Published 13 May 2009 | viewed 5,873 times

  Commodities are rising, the dollar is falling and the trade deficit is growing. Everything bad is good again, thanks to the Feds. All of the…

• Sorry Ben, You Don't Control Long Term Rates

  Published 05 May 2009 | viewed 3,501 times

  It is disappointing to discover that the Harvard- and M.I.T.-educated Ben Bernanke did not learn while attending school that long-term interest rates must be set…

• It's Stag, Not Hyperinflation -- For Now

  Published 28 April 2009 | viewed 4,581 times

  In the longer term, the risk of the U.S. suffering through a bout with hyperinflation is very real. However, in the short term what we…

• Obama: the Grand Illusionist

  Published 21 April 2009 | viewed 3,379 times

  President Obama is smooth. He has an incomparable ability to say the correct thing and then doing the exact opposite. For instance, he says the…

• Ben's Un-shrinkable Balance Sheet

  Published 14 April 2009 | viewed 3,758 times

  As he stated again clearly today, the Chairman of the Federal Reserve has deluded himself into thinking that when the time comes, he will be…

• Actually, We're not Saving Yet

  Published 01 April 2009 | viewed 3,888 times

  There seems to be much confusion lately about the consumer's increased savings rate and if this is a good or bad condition for the health…

• Banana Ben Bernanke

  Published 23 March 2009 | viewed 4,167 times

  Helicopter Ben Bernanke has earned the new moniker of Banana Ben. He has earned the new name because of his desire to make the United…

• The FDIC: as Rock Solid as Social Security

  Published 16 March 2009 | viewed 3,735 times

  We all should be painfully aware by now that there is nothing held inside the Social Security and Medicare trust funds but a bunch of…

• What the Citi Conversion Might Really Mean

  Published 09 March 2009 | viewed 5,553 times

  We learned on February 27th of the Treasury's plan to convert up to $25 billion of their $45 billion preferred Citigroup shares to common equity.…

• Theres only One Cure for a Depression

  Published 23 February 2009 | viewed 6,570 times

  In contrast with a depression, a recession is relatively easy to bring to an end. The genesis of a recession is caused by excessive credit…

• The Reality Behind Real Estate

  Published 10 February 2009 | viewed 5,017 times

  Much has been written lately about the beginnings of a recovery in the real estate market. Just last week housing bugs (investment "bugs" are not…

• Any Hope for Job Growth?

  Published 04 February 2009 | viewed 3,251 times

  This Friday's release on nonfarm payrolls will shine a burning light on our nation's need to promote growth and create new jobs. After losing 2.7…

• Today's Interest Rates are Unreal!

  Published 28 January 2009 | viewed 4,758 times

  I'm often asked the question if rising interest rates will cause downward pressure on gold prices. The answer is yes, but only if those rates…

• Banks of America

  Published 20 January 2009 | viewed 4,904 times

  Investors who have been pining for a chance to buy into the beleaguered banking sector may have a bit longer to wait. Just this past…