“I’ve Been Adding to Gold and Even Gold Miners” says Portfolio Advisor Michael Pento

In this interview, portfolio advisor Michael Pento shares that he has been adding to gold and gold miners after being mostly out of gold since the summer of 2020.  Michael explains why he believes there will be significant economic trouble in 2022 as the Federal Reserve begins to raise interest rates.  He also discusses how he is managing his and his clients’ portfolios in light of his economic analysis.

Michael Pento serves as the President and Founder of Pento Portfolio Strategies (PPS). PPS is a Registered Investment Advisory Firm (RIA) that operates like an actively managed fund without all the expenses. The Model Portfolio uses a proprietary macroeconomic model to determine when and how to invest across an inflation/deflation and economic cycle spectrum. The 20-component model is used to determine the two most important factors when it comes to successful investing: the second derivatives of growth and inflation.