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Panicky rate cuts will cause "severe stagflation for as far as the eye can see," money manager says
Central banks "will panic into rate cuts as the money markets begin to freeze," Money Manager Michael Pento says. "And that means we will have protracted severe stagflation for as the eye can see,."
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DISCLAIMER: Lear Capital is not a financial planner/advisor or retirement specialist, and does not provide investment, legal or tax advice. Consult a certified financial planner regarding individual investments/retirement goals. Past performance is no guarantee of future results. Free gold and silver offer subject to terms and conditions, including minimum purchase. Lear Capital does not guarantee the re-purchase of your metals. Michael Pento is not a paid spokesperson. The views expressed are merely an opinion.
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