Michael is on my very short list of people I respect. He's smart, honest, and not constantly on various UA-cam channels making outrageous or uninformed predictions.
Jesse, love the origin stories! Thanks! Michael Pento, having worked on the trading floor, has that institutional memory. Amazing how you always get such great guests. They say UA-cam suppresses total subscriber numbers, as evidenced by people who left, and when they got to their new site, their subscriber numbers were through the roof. I am perplexed as to why you do not have over 100,000 subscribers. Perhaps UA-cam does not like your critical thinking with regard to politics? Anyway, keep on doing what you do, as you do it so very well!
11:00 you mentioned the "second derivative" twice in several minutes. I haven't thought about second derivativea since I last took differential equations as a young engineer. When I need to study calculus to invest, it means I need to hire somebody like you. And there aren't enough people out there to trust. And if I'm ever wrong in picking someone to trust, it means I have to ride a roller coaster. I've got it under control. Later.
The second derivative for bonds is the convexity of the curve: ie price goes up when yields drop and vice versa but not linear. The second derivative for options is Gamma, the rate of change in sensitivity of the option price given a change in the underlying asset price.
There is no bull market on the horizon short of some new incredible technological advance in energy. However, there is enough liquidity and FOMO for significant melt-ups that may confirm technical bull indicators. They are false signals, but investors will key off them. At some point the melt-ups will implode.
When is the best time to buy silver or gold? Only buy when you can afford to buy, that's the best time to buy. Precious metals are for long term wealth holding, not quick return on investment.
Guys like Pento are great but make sure you know charts and psychology if your going to play the markets. Youll lose alot of money making opportunities sticking with one guys thesis.
That's why I speak to a wide variety of guests. I think the best approach is listening to as many people as possible, then doing one's own DD to draw conclusions.
Yeah yeah, gold is going higher, we all know the theory and thesis yet I'm willing to bet that it pulls back yet again when or if it ever hits $2000 again.
Michael is on my very short list of people I respect. He's smart, honest, and not constantly on various UA-cam channels making outrageous or uninformed predictions.
Agreed, very sharp and free of hyperbole.
Michael Pento is the best plus he’s a man of God. Even better
Michael Pento is always excellent ! Thank you !
Agreed and thanks for watching!
Super to see Michael on your channel!
Michael great to hear and learn from you. Gold
Michael is a living legend. Top-notch guy.
I've heard of Michael Pento, I never believed he was real until now.
Mr pento speaks, I listen.
Good job guys. Thanks for the update
Thank you guys 😃👊
Love M Pento 🏆👍🏼
I love the portfolio strategies Pento advocates of.
Top notch guest.
2nd derivative gives a picture of parabolic action, which always corrects. Volatility.
Brilliant thanks!
Masterclass.
Gold is a commodity, money is supported by an army and gold has no army.
Jesse, love the origin stories! Thanks! Michael Pento, having worked on the trading floor, has that institutional memory. Amazing how you always get such great guests. They say UA-cam suppresses total subscriber numbers, as evidenced by people who left, and when they got to their new site, their subscriber numbers were through the roof. I am perplexed as to why you do not have over 100,000 subscribers. Perhaps UA-cam does not like your critical thinking with regard to politics? Anyway, keep on doing what you do, as you do it so very well!
11:00 you mentioned the "second derivative" twice in several minutes. I haven't thought about second derivativea since I last took differential equations as a young engineer.
When I need to study calculus to invest, it means I need to hire somebody like you. And there aren't enough people out there to trust. And if I'm ever wrong in picking someone to trust, it means I have to ride a roller coaster.
I've got it under control. Later.
It takes little thought and no math to understand that he is stressing acceleration of certain indicators.
The second derivative for bonds is the convexity of the curve: ie price goes up when yields drop and vice versa but not linear.
The second derivative for options is Gamma, the rate of change in sensitivity of the option price given a change in the underlying asset price.
Waiting for the 4 horsemen
There is no bull market on the horizon short of some new incredible technological advance in energy. However, there is enough liquidity and FOMO for significant melt-ups that may confirm technical bull indicators. They are false signals, but investors will key off them. At some point the melt-ups will implode.
If rates decline and gov keeps borrowing more, gold will move upward. May take a year or two.
There is no credit discipline under fiat currency regimes.
Has Michael ever thought of opening up an office in Europe to obtain some European customers?
the best time to invest is buy leveraged stock market index etf during recession and hold for 2 years.
Completely disagree, leveraged ETF products are garbage imo.
When is the best time to buy silver or gold? Only buy when you can afford to buy, that's the best time to buy. Precious metals are for long term wealth holding, not quick return on investment.
Agree with you here.
Buy silver at..20...1 dollar premium
WE'VE HEARD ORIGIN STORIES OVER AND OVER!
There's chapter markers, you can easily skip past them if you're not interested.
Guys like Pento are great but make sure you know charts and psychology if your going to play the markets. Youll lose alot of money making opportunities sticking with one guys thesis.
That's why I speak to a wide variety of guests. I think the best approach is listening to as many people as possible, then doing one's own DD to draw conclusions.
@@CommodityCulture of course, he's going to be right I'm sure. Its all about timing though
❤😊
lol, EU is a nation, it may be on its way but it not there yet
talks too much....
Yeah yeah, gold is going higher, we all know the theory and thesis yet I'm willing to bet that it pulls back yet again when or if it ever hits $2000 again.
Gold is up 8X in the last 20 years! Do some research. It’s going much higher due to the money printing machine of the last 20 years.
Bitcoin🎉