Welcome to this week's Market Wrap Podcast, I'm Mike Gleason.
Coming up we'll hear from Michael Pento of Pento Portfolio Strategies and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market. Michael tells us whether or not the correction in metals is going to last much longer. He also makes a couple predictions about a Donald Trump presidency and then breaks down what he sees as the most likely scenario when it comes to inflation and interest rates. Make sure you stick around for a fantastic interview with Michael Pento, coming up after this week's market update.
An upside breakout in the U.S. dollar is making for another rough week in the gold and silver markets. On Thursday, the Dollar Index hit a 13-year high.
Traders are bidding up greenbacks on account of rising U.S. interest rates. The yield… Read More …