Gold •134 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 954.90 | +10.90 | +1.15% | |
WTI Crude •10 mins | 68.27 | -0.43 | -0.63% | |
Gasoline •10 mins | 1.983 | +0.002 | +0.08% | |
Ethanol •134 days | 2.161 | +0.000 | +0.00% | |
Silver •134 days | 30.82 | +1.16 | +3.92% |
Silver • 134 days | 30.82 | +1.16 | +3.92% | ||
Copper • 134 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 72.13 | -0.43 | -0.59% | ||
Natural Gas • 10 mins | 2.768 | -0.017 | -0.61% | ||
Heating Oil • 10 mins | 2.208 | -0.004 | -0.19% |
Contributor since: 26 Feb 2010
With more than 16 years of industry experience, Michael Pento acts as chief economist for Delta Global Advisors and is a contributing writer for GreenFaucet.com. He is a well-established specialist in the Austrian School of economic theory and a regular guest on CNBC and other national media outlets. Mr. Pento has worked on the floor of the N.Y.S.E. as well as serving as vice president of investments for GunnAllen Financial immediately prior to joining Delta Global.
Economists are now arguing over whether it will be a hard or soft landing for the U.S. economy. The fact that a landing will occur…
For those of us who have been predicting an equity market correction in 2006, this year has been a humbling experience. The Dow Jones Industrials…
The Federal Reserve's pause in its rate hiking campaign has dovetailed with the decline in energy prices and interest rates sending the Dow Jones to…
Last week the Federal Open Market Committee kept interest rates on hold for the second straight meeting. This further validated the view that the Fed…
America's huge debts are backed by the full faith and credit of the United States Government. However, the U.S. dollar is backed fully by the…
While the investment community is doing back flips over this morning's release from the Bureau of Labor Statistics that non farm payrolls were up a…
This morning the Bureau of Labor Statistics reported that there were 75,000 non-farm jobs created, fully 100,000 short of the increase predicted by economists. Astonishingly,…
It is crucial to understand what one of the key drivers of global economic growth is today. If investors can realize what is occurring, they…
The recent announcement by the Bank of Japan that it will soon end its zero interest rate policy serves to illustrate the main reason why…
To no one's surprise, the new Chairman of the Federal Reserve is continuing his predecessor's role of economic cheerleader. Recently, the market was comforted by…
The world is drowning in Fiat currency and the only thing that can preserve your wealth is if the world's central bankers return to a…