#MichaelPento: The Right Time To Invest In #Silver and Silver #MiningStocks
While there’s a great #investment case to be made for #silverbullion and silver mining #stocks, the timing remains the key issue.
Although fortunately in a recent interview, Michael Pento of Pento Portfolio Strategies shared what he’s looking for. And when he thinks it’s time to #invest in silver and the silver mining stocks.
To discover when that is, click to watch the video now!
–
To get more information about Pento Portfolio Strategies go to:
–
Interview by Chris Marcus of Arcadia Economics:
–
Click here to subscribe to Arcadia’s Youtube channel:
http://bit.ly/2t1HKOj
–
To contact Chris Marcus of Arcadia Economics:
https://arcadiaeconomics.com/getting-help/
–
To pre-order Chris’ upcoming book “The Big Silver Short” go to:
–
Follow Arcadia Economics on Twitter:
Tweets by ArcadiaEconomic
–
Arcadia’s Facebook page
https://www.facebook.com/ArcadiaEconomics/
If we have rising global growth especially in the emerging markets that is when you become very very wealthy owning silver mining stocks and so and the metal itself so last question before we wrap up I heard from your assistant yesterday that you’re not as big of a
Silver fan I’m I’m kinda going overboard on silver but I thought it’d be great to get your opinion on that present perhaps another side or just some things for me and my audience to think about so I normally you know here’s to here’s to think of it in tears so you always have
Some kind of precious metals in your possession primarily gold because gold is money I don’t consider silver money I considered gold money and then you go from gold physical gold possession to the mining shares of gold and then and if you really want the ultimate leverage for precious metals owned a silver miner
That’s you know that’ll go yeah you probably hear on 3/11 because it’s true so if gold and silver is in a bull market on a silver mining company and you make a fortune in a bull market you’ll also lose all your money in a down market so if I see in an
Environment where inflation is accelerating okay so the rate of change of equation is accelerating and we have the silver is an industrial component if we have rising global growth especially in the emerging markets that is when you become very very wealthy owning silver mining stocks and so and the metal
Itself AJ okay so are we there right now I don’t think that’s the environment we have right now I don’t think we have accelerating global inflation this is actually if you look very very short-term we’re in a very short cycle of inflation which will roll over
Q1 of next year so up and now into the next few weeks you might see some accelerating inflation but when you get the yearly or comparisons in January February March of last year no so silver is is not with my favorite investment right now I would still head
For physical gold at the moment but then I would change once I see nominal GDP fall in the United States and that is a q1 2020 You
12 Comments
I think the mining stocks are pulling off right now even though the gold price is skyrocketing
Michael Pento is wrong. Global slowdown will have no bearing on silver price.
You have to put into account how tiny the silver market is, and the above ground supply. Once gold gets even more expensive silver will explode imo
3 min sounds like you guys didn't quite enjoy each other !
He doesn't consider silver to be money. But historically silver has been the money for wages and daily transactions, and gold has been the long term store of wealth. Just an observation
Thanks.
Btw, imho I just don’t see a recession or crash in 2020.
Silver has a longer history as money than Gold – Milton Friedman
If he thinks you should shift to silver in Q1 of 2020, I would say start buying now if you haven't already. By Q1 it may be a lot higher already.
Mr. Pento is stacking silver. That's why he is asking us to stack it in the near future. He apparently has an element of self-interest.
The right time to buy silver is when it was $14.
Screw you Pento,……silver IS Money,….. Duh. How many countries have used, and/or consider silver money??? Sigh.
…unless all the mines are 'nationalized'????