usawatchdog.com
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OCT 11, 2017
Join Greg Hunter as he goes One-on-One with economist Michael Pento of Pento Portfolio Strategies
Pento: We have over a hundred trillion dollars in unfunded liabilities, and quadrillions of debt in derivatives. So, we are going to have massive defaults.”
On gold, Pento says, “You’ve got to have 10% physical gold in your liquid net worth. It has to be physical gold that you possess directly. I cannot stress that enough. . . . I like all precious metals. They are going to be in a massive and unprecedented bull market sometime in 2018.”