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PRECIOUS METALS (US $)
Gold 1359.60-27.44
Silver 22.25-0.41
Platinum 1451.52-31.48
Palladium 735.25-1.25
WORLD MARKETS
DOWJONES 15354120
NASDAQ 349934
NIKKEI 15138101
ASX 516016
CAC 40 400122
DAX 839828
HUI 246-10
XAU 97-3
CURRENCIES (€)
AUS $ 1.3162
CAN $ 1.3193
US $ 1.2827
GBP (£) 0.8461
Sw Fr 1.2479
YEN 132.4800
CURRENCIES ($)
AUS $ 1.0284
CAN $ 1.0279
Euro 0.7796
GBP (£) 0.6594
Sw Fr 0.9728
YEN 103.1300
RATIOS & INDEXES
Gold / Silver61.11
Gold / Oil14.16
Dowjones / Gold11.29
COMMODITIES
Copper 3.320.02
WTI Oil 96.020.86
Nat. Gas 4.060.13
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Michael Pento

Mr. Michael Pento is the President of Pento Portfolio Strategies and serves as Senior Market Analyst for Baltimore-based research firm Agora Financial. Pento Portfolio Strategies provides strategic advice and research for institutional clients. Agora Financial publishes award-winning newsletters, critically acclaimed feature documentaries and international best-selling books. Mr. Pento is a well-established specialist in the Austrian School of economics and a regular guest on CNBC, Bloomberg, FOX Business News and other national 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 is a blogger at the Huffington Post. Prior to starting Pento Portfolio Strategies and joining Agora Financial, Mr. Pento served as a senior economist and vice president of the managed products division of another financial firm. There, he also led an external sales division that marketed their managed products to outside broker-dealers and registered investment advisors. Additionally, Mr. Pento has worked for an investment advisory firm where he helped create ETFs and UITs that were sold throughout Wall Street. Earlier in his career Mr. Pento spent two years on the floor of the New York Stock Exchange. He has carried series 7, 63, 65, 55 and Life and Health Insurance Licenses. Mr. Pento graduated from Rowan University in 1991.
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202 Articles

05/13/2013 Bubbles Inflating Faster Than GDP  (1)
04/30/2013 GDP Bag of Tricks  (2)
04/22/2013 Gold Reveals Global Economy on Thin Ice
04/10/2013 What Drives the Gold Price?  (4)
04/02/2013 The Real Fallout from Cyprus  (1)
03/22/2013 Equity Bubble is Based on Unsustainable Earnings  (1)
03/14/2013 Fed's Bubbles to Slaughter Middle Class  (7)
03/07/2013 Is the U.S. Becoming a Banana Republic  (6)
03/01/2013 No Easy Escape for the Fed  (1)
02/28/2013 Currency Cold War
02/22/2013 Why Interest Rates Are Rising  (2)
01/18/2013 Trillion Dollar Banana  (5)
12/12/2012 Employment Condition Gives Central Banks More Ammo  (1)
12/05/2012 Phony Global Recovery is an Illusion  (1)
11/16/2012 Why Governments Always Punt on Austerity  (1)
11/12/2012 When is a Good Time for Austerity?  (2)
10/24/2012 Inexorable Money Supply Growth
10/18/2012 Two Reasons Why the Gold Market is Under Pressure  (4)
10/10/2012 Jobs Report Will Not Derail Fed  (1)
10/05/2012 Money Printing Trumps Fundamentals
09/27/2012 Global Currency Wars in Full Escalation  (1)
09/19/2012 Quantitative Counterfeiting Forever
09/13/2012 Counterfeiting Cruises to Nowhere  (6)
09/05/2012 Fiat Currencies get Flushed  (4)
08/30/2012 A Transparent Poker Face
08/22/2012 Crunch Time for Central Banks  (3)
08/15/2012 The Bernanke Cliff  (3)
08/08/2012 Money Printing Doesn't Create Jobs  (4)
08/01/2012 Twilight Zone Economics  (6)
07/24/2012 Rising Dollar Forces Bernanke's Hand  (5)
07/14/2012 The Fed's Next Move  (7)
07/06/2012 Central Bank Fireworks  (3)
06/27/2012 Global Markets Pine for the Printing Press  (1)
06/20/2012 Europe's Solution isn't More Inflation  (2)
06/14/2012 Bank Bailout isn't the Solution  (2)
06/07/2012 QE III Game of Chicken  (5)
05/23/2012 Deflation Isn't the Enemy  (1)
05/17/2012 Austerity Offers Europe their Only Hope  (6)
05/02/2012 The Inflation Lovers' Spat  (2)
04/25/2012 Decoupling Myth Destroyed  (1)
04/18/2012 The Anatomy of Sovereign Default  (7)
03/29/2012 What Causes Interest Rates to Rise  (2)
03/21/2012 Is the Economy Really Healing?  (5)
03/15/2012 Global Slowdown Paves Way for QE III  (2)
03/01/2012 The Mystery behind Rising Oil Prices Solved  (11)
02/27/2012 Fed Conflates Inflation with Growth  (3)
02/15/2012 Trade Deficit Data Belies U.S. Recovery  (1)
02/08/2012 Bell Rings for Bond Bubble  (3)
01/19/2012 The Intrinsic Value of the Dollar and Gold  (2)
01/12/2012 Fed Dismisses Economic Recovery  (1)
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