Michael Pento returns in Part 2 of our interview with him to share how his portfolio is currently positioned today (short & long duration US Treasury bonds, bond proxies like WalMart, gold & precious metal mining companies, and junk bond shorts) and how he plans to amend it when the bear market arrives in earnest (cash, USD, long-dated US Treasury bonds, shorts)
As Michael advises we prepare for the coming recession, he warns the accompanying price correction in the financial and real estate markets is likely to be the worst bear market we’ve yet seen in our lifetime.
If you like these videos – subscribe to Wealthion, it’s one of the fastest-growing financial channels on YouTube.
