Michael Pento Says the Fed Is About to Surprise Markets

This week, we interview Ralph Benko, gold standard advocate, author of The Ten Commandments of Capitalism, co-author of The Capitalist Manifesto and the editor of the 500th Anniversary Edition of Nicolaus Copernicus' book titled On the Minting of Money. Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

The political class wants you to hate gold. That's why politicians and their enablers in the mainstream media and academia constantly badmouth it.  But have you noticed that government people actually love gold? You don't need to look any further than the recent central bank gold-buying spree to make this case.  So, why does the political class want to have gold, but it doesn't want you to have gold? Control.  As host Mike Maharrey explains in this episode of the Midweek Memo podcast, you are harder to control when you have sound money. In other words, gold supports liberty. Mike explains exactly how sound money undergirds freedom and, along the way, highlights government efforts around the world to get more gold to increase their power.

Michael Pento of Pento Portfolio Strategies and author of the book The Coming Bond Market Collapse, tells us why he believes the current market expectation of Fed rate hikes is not only wrong, but why he believes we will actually see the Fed cut rates in future months to combat a slowing economy. And Much More. Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

There's a new boss over at the Federal Reserve. Is he going to be any different than the old boss? Midweek Memo host Mike Maharrey delved into that question this week. He notes that Warsh certainly sounds different. But he's stepping into the same situation that Jerome Powell left. Mike explains why that will likely limit Warsh's options, meaning the old new boss may end up acting just like the old boss when it's all said and done.  Mike also highlights the ever-growing Debt Black hole by breaking down the May federal budget deficit numbers.

Coming up in a moment, we will be joined by author and precious metals analyst Przemysław Radomski. Radomski says gold and silver have reacted unusually to the Iran–U.S. conflict because markets are focusing on inflation and higher interest rates, not safe-haven demand, and much more. Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

We've seen wild swings in the markets based on the latest headlines. How do we cut through the noise and make good investment decisions? In this episode of the Money Metals' Midweek Memo, host Mike Maharrey explains that you need a good recipe.  A plan.  A process.  But to formulate a plan, you need good data. That's tricky when the primary source of data is the government. Mike breaks down the inflation of the pandemic era using a new AI tool to reveal just how sketchy that government data is. This underscores the fact that when we have a realistic view of the economy, all roads lead to gold and silver.

This week's interview is with Axel Merk, president of Merk Investments and a frequent commentator in the financial news media and here on our Money Metals podcast. Merk offers a different take on the recent gold correction, arguing that markets are treating the Iran conflict as a temporary shock rather than a lasting structural change.  Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

They say history doesn't necessarily repeat, but it often rhymes. With that in mind, Midweek Memo host Mike Maharrey looks back at the inflationary era of the 1960s and 1970s and finds some interesting parallels to today. Inflation didn't rise in a straight line back then. It came in three distinct waves. We've seen one wave in the currency inflationary cycle, and it appears we're setting up for a second. And there are other similarities between then and now - including the trajectory of interest rate policy and government spending.  Mike also reveals just how badly this price inflation is impacting the American consumer, who is broke, stressed, and buried in debt. 

Mike Maharrey dives into a range of topics with Kai Hoffmann, CEO of Soar Financial, as they discuss what's really happening in the precious metals market given the ongoing headwinds of the Iran war and much more. Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

What's wrong with this picture? The mainstream has built a bearish narrative around the gold and silver markets. According to this storyline, the Fed will have to keep interest rates higher due to inflationary pressure introduced by the war with Iran. That's negative for gold and silver, non-yielding assets. In this week's Midweek Memo podcast, host Mike Maharrey points out the problems with this picture painted by mainstream pundits. He reveals two dynamics they seem to be missing and explains why the future of gold and silver may not be as bearish as advertised. He then proceeds to expose the deeper flaws with the current fiat money system.