{"id":2285,"date":"2018-07-09T06:45:46","date_gmt":"2018-07-09T11:45:46","guid":{"rendered":"http:\/\/esterlund.com\/blog\/?p=2285"},"modified":"2018-07-09T06:45:46","modified_gmt":"2018-07-09T11:45:46","slug":"michael-pento-gold-big-beneficiary-in-coming-october-market-crash-youtube","status":"publish","type":"post","link":"https:\/\/esterlund.com\/blog\/michael-pento-gold-big-beneficiary-in-coming-october-market-crash-youtube\/","title":{"rendered":"Michael Pento \u2013 Gold Big Beneficiary in Coming October Market Crash &#8211; YouTube"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"474\" height=\"267\" src=\"https:\/\/www.youtube.com\/embed\/-anej-9heSI?feature=oembed\" frameborder=\"0\" allow=\"autoplay; encrypted-media\" allowfullscreen><\/iframe><\/p>\n<blockquote>\n<div id=\"top-row\" class=\"style-scope ytd-video-secondary-info-renderer\">\n<div id=\"upload-info\" class=\"style-scope ytd-video-owner-renderer\">\n<div id=\"owner-container\" class=\"style-scope ytd-video-owner-renderer\"><a class=\"yt-simple-endpoint style-scope yt-formatted-string\" spellcheck=\"false\" href=\"https:\/\/www.youtube.com\/channel\/UCG-G8LLr38fQUNZU8K0t-EA\">Greg Hunter<\/a><\/div>\n<p><span class=\"date style-scope ytd-video-secondary-info-renderer\">Published on Jul 3, 2018<\/span><\/div>\n<div id=\"subscribe-button\" class=\"style-scope ytd-video-secondary-info-renderer\"><\/div>\n<\/div>\n<div id=\"content\" class=\"style-scope ytd-expander\">Money manager Michael Pento predicts, \u201cThe U.S. is not an island. The U.S. is not going to have 4% GDP growth while the rest of the world implodes. . . . I look at the data, and data says this is the most dangerous market ever. This is the most precarious GDP on a global basis that we have ever had. Global central banks have never before printed $12 trillion. . . . We have never before had that happen, and the reason why they did it is to take sovereign debt into zero and negative territory so we can go on this inflation quest so asset prices don\u2019t implode. That is all turned on its head. They have reached their inflation and it\u2019s starting to unwind, and this whole thing is going to collapse. . . . I have put a check on the calendar for October. . .\u201d Pento goes on to say, \u201cWhen it collapses, the primary beneficiary is going to be the gold market. . . . You should always have 5% to 10%, and if you are waiting, you are running out of time to get it cheaply. . . . I don\u2019t think there is much downside to buying physical gold here, and you are running out of time if you have no position at all.\u201d Join Greg Hunter as he goes One-on-One with Michael Pento, founder of Pento Portfolio Strategies.<\/div>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Greg Hunter Published on Jul 3, 2018 Money manager Michael Pento predicts, \u201cThe U.S. is not an island. The U.S. is not going to have 4% GDP growth while the rest of the world implodes. . . . I look at the data, and data says this is the most dangerous market ever. This is &hellip; <a href=\"https:\/\/esterlund.com\/blog\/michael-pento-gold-big-beneficiary-in-coming-october-market-crash-youtube\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Michael Pento \u2013 Gold Big Beneficiary in Coming October Market Crash &#8211; YouTube<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[35,33],"tags":[],"_links":{"self":[{"href":"https:\/\/esterlund.com\/blog\/wp-json\/wp\/v2\/posts\/2285"}],"collection":[{"href":"https:\/\/esterlund.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/esterlund.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/esterlund.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/esterlund.com\/blog\/wp-json\/wp\/v2\/comments?post=2285"}],"version-history":[{"count":1,"href":"https:\/\/esterlund.com\/blog\/wp-json\/wp\/v2\/posts\/2285\/revisions"}],"predecessor-version":[{"id":2286,"href":"https:\/\/esterlund.com\/blog\/wp-json\/wp\/v2\/posts\/2285\/revisions\/2286"}],"wp:attachment":[{"href":"https:\/\/esterlund.com\/blog\/wp-json\/wp\/v2\/media?parent=2285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/esterlund.com\/blog\/wp-json\/wp\/v2\/categories?post=2285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/esterlund.com\/blog\/wp-json\/wp\/v2\/tags?post=2285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}