Every Asset in a Bubble, Except Gold and Silver – Michael Pento with Greg Hunter
Michael Pento: Most Dangerous Time-Since the History of Economics, Gold and Silver Update and More!
by Greg Hunter
USA Watchdog
Money manager Michael Pento thinks the Greek debt crisis is small when you consider the enormously leveraged global economy. Pento contends, “That’s why I consider Greece as more of a distraction. It’s a small piece to the puzzle. You look at debt that extends all across the planet, every asset on the planet is in a bubble. China is in a bubble. Japan is in a bubble. Europe is in a bubble. The United States is in bubble. That’s not just stocks. It’s bonds. It’s real estate. It’s diamonds. It’s art.
Look, China fell 7 ½ % overnight because every housewife and widow in China opened up a margin account, and now, they are wiped out. The market in China is down 18% in the last week alone, and it’s got a lot more to fall. Who is there to support that? This is where the rubber meets the road. Don’t worry because central banks have our backs. When has that been the case? A central bank can monetize unlimited amounts of debt and destroy the currency. It creates money out of thin air at infinitum without any consequences. When has that ever been the case? I am telling you right now, if the Federal Reserve doesn’t get off its ass and start raising interest rates, the free market is going to do it for them. That’s what is happening today. You see the 10-year Treasury is at 2.47% and rising. . . . You cannot continue to print unlimited amounts of money and have everything be quiescent. It is going to come back and bite investors in the butt shortly.”
Continue Reading at USAWatchdog.com…
Source: http://financialsurvivalnetwork.com/2015/06/every-asset-in-a-bubble-except-gold-and-silver-michael-pento-with-greg-hunter/?utm_source=rss&utm_medium=rss&utm_campaign=every-asset-in-a-bubble-except-gold-and-silver-michael-pento-with-greg-hunter
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,817,666,186 |
| Stories: | 8,664,725 |
Whistler Blowers, Insiders
