We Are Now Going To See Chaos & Panic In Global Markets
August 31, 2013
Today one of the top economists in the world boldly predicted that investors are now going to see chaos and panic take hold in global markets. He also gave investors specific recommendations regarding exactly how they can safely navigate the coming panic in global markets with their own portfolios. Michael Pento, founder of Pento Portfolio Strategies, wrote the following exclusive piece for KWN.
By Michael Pento of Pento Portfolio Strategies
August 31 (King World News) – “Cash & Gold Are Kings This Fall”
After being bullish on equities for most of 2013, back on July 16th I warned on KWN that the U.S. stock market was due for a significant correction. Since then the S&P 500 has dropped about 5%. Unfortunately, it is my view that the damage has just begun….