Economist’s “News and Views” Wednesday 2-28-2024
You Want to Own Commodities ‘In a Big Way’ After the Crash: Michael Pento
Commodities Culture: 2-28-2024
Michael Pento thinks commodities will be a great place to be, just not right now.
A confluence of factors including untenable government debt, a weak banking sector, and extreme overvaluation in the broad market means that stocks are set for a brutal correction
Michael believes it’s better to play defense for the time being, and then look to gold, silver, uranium and other commodities when there’s blood in the streets.
00:00 Introduction
01:45 Brutal Market Downturn
05:58 Fed Reaction to Crash
07:38 State of the US Economy
12:30 Where do Commodities Come In?
15:43 Which Commodities Will Shine?
17:48 Thoughts on Gold and Silver
22:16 How is Michael Positioned?
26:30 Defensive Stocks
28:15 Time in the Market or Timing the Market?
https://www.youtube.com/watch?v=sIuPsOJ4s6A
Market Correction Incoming, Central Bank Structure about to Change Worldwide
X22 Report (w/ Bob Kudla):
Bob begins the conversation talking about Germany, while trying to hit net zero they hit net zero in the economy. Germany is in a recession. Bitcoin is projected to hit over 100000. Dimon, Zuckerberg, Waltons etc are now selling stock to prepare for the market correction, they are in the know. President of Argentina is now going after the [CB]. As the economy improves it is going to send a shockwave across the world showing other countries and the people that it never had to be this way. The [CB] structure is about to change and the people are going to take back control.
The FED Sends Warning of US Crisis, As 4 More Countries Are Now in Recession
Atlantis Report: 2-28-2024
The United States is teetering on the brink of a profound economic crisis, a fact emphasized by recent warnings issued by the Federal Reserve.
Against a backdrop of soaring household debt, rising food insecurity, and a surge in foreclosures, the warning signs are impossible to ignore.
What’s more, the American plight is not isolated; it’s part of a broader global trend, with countries like the UK, Japan, and even Germany grappling with recessionary pressures.
From the struggles of everyday Americans to the economic woes of nations across the globe, the impact of this crisis is being felt far and wide.
