You Want to Own Commodities 'In a Big Way' After the Crash: Michael Pento
Commodity Culture Commodity Culture
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 Published On Feb 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, and 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.

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Follow Jesse Day on X:   / jessebday  

Pento Portfolio Strategies: https://pentoport.com

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?

#commodities #marketcrash #stockmarketcrash

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