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Community Corner

Holmdel Resident Michael Pento’s New Book The Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market

In his new book, released on April 29th, Holmdel resident Michael Pento warns readers about the negative economic impact he predicts will result from the Federal Reserve’s unprecedented easy money policies.  “The Fed can’t keep interest rates at zero forever even if you assent to the notion that the U.S. will be in a perpetual recession. We face the credible threat for inflation to completely ravage the middle class” says Pento “and when rates eventually go up, they will increase far beyond whatever number the Fed is projecting, sending shock waves throughout the economy”. Pento goes on to explain “I wrote this book to inform the average person who may not be market savvy of the dire consequences that will result from the Fed’s actions and what they can do now to insulate their nest egg”. 

Before starting his own Investment Advisory firm in November 2011, Mr. Pento, a Monmouth County native, served as a senior economist and Vice President of the managed products division of Euro Pacific Capital. He is a well-established specialist in markets and economics and a
regular guest on CNBC, CNN, Bloomberg, Fox Business Network, and other International Media outlets.  His market analysis can also be read in most major financial publications, including The Wall Street Journal.  He also acts as a financial columnist for Forbes, contributor to TheStreet.com and a blogger at the Huffington Post

In his book, Pento explains how the bubble was created, what we can do to ameliorate the crisis and how investors can protect themselves regardless of what economic condition prevails. Drawing from a wealth of historical and economic data, Pento provides honest insight into the
Federal Reserve and private industry policies that contributed to the impending interest rate disaster. His analysis highlights the similarities between the current U.S. disaster and European debt crisis and brings clarity to America’s economic situation.

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Pento also offers hope amidst the distressing economic reality with smart strategies that the government and individual investors can implement to both protect
themselves from and alleviate the crisis. Insightful, witty and accessible, The Coming Bond Market Collapse:

  • Outlines eight steps the government can take to guard against the effects of the crisis including strengthening and stabilizing the U.S. dollar and simplifying the tax code
  • Reveals how the nation can return to economic health and abundance through adopting a Constitutional economic model and free market
    principles
  • Explains why retirees will be especially vulnerable as
    real estate prices decline, pensions weaken and the bond bubble bursts
  • Provides investors at all stages in life with sound
    strategies for protecting themselves and their assets
  • Describes how to invest both before and after the bubble bursts for maximum wealth and security

 

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With shrewd expert analysis and practical advice, The Coming Bond Market Collapse is an essential resource for anyone working to protect national and individual prosperity in the face of the coming financial crisis.  This book is available on Amazon and barnesandnoble.com. 

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