You Will Lose EVERYTHING in March 2024 - Michael Pento (GOLD HOLDERS ARE SAVED)

In this video Michael Pento explains the black swan event that will happen in march 2024.

Michael Pento talks about the current banking system's health and how the interests rates hikes being done by the FED are impacting the banks balance sheets and are destroying their assets. For this reason retails are choosing to deposit their funds in the goverment treasury yield, which could collapse in 2024.

If you're into finance, this video is for you.

Michael Pento is the president and founder of Pento Portfolio Strategies.

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Credits:
@LibertyandFinance
"There Is No Pain-Free Escape" | Michael Pento
https://youtu.be/RR8ZleLQq3s?si=x1D_TOCCzcSCq0h8

Here are the key takeaways:

The possibility of a recession or depression by early 2024 and how it could impact the Fed's approach to interest rates.
The financial ramifications of the Israel-Hamas conflict, particularly the influence on oil prices and the role of Iranian involvement.
A deep dive into the bond market, highlighting concerns about liquidity drying up and the chaos that could ensue.
An examination of the mounting national debt and its implications as interest rates continue to rise.
Valuable tips for recession-proof investments, including holding cash, short-term treasuries, and the US dollar, while considering strategies like shorting the stock market.
Stay informed and prepared for the economic landscape that lies ahead. Don't forget to like, subscribe, and hit the notification bell to stay up to date with the latest financial insights from Dows Crypto!

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