Eric King: “Michael, for the gold bulls who are out there I have to ask you about gold. What do you see for the rest of this year and going into next year?”
Pento: “Not only going into (the rest of) this year and next year, but where are we headed? I can’t pick the exact date, Eric, but I’m telling you and I’m telling your (readers and) listeners that we are headed in the next year, maybe year and a half, I can’t give you the exact date, only God knows, but we are headed for a coordinated sovereign debt collapse. A coordinated collapse in the bond markets of Japan, Europe, and the United States.”
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