Sept. 20th, 2019(S14-E714)Featured GuestsMichael Pento & Bob HoyePlease Listen HereInterview Recap.Bob Hoye, Editor & Chief Investment Strategist of Bob Hoye.com rejoins the show with insights on US Fed.Bob Hoye draws parallels between the declining yield curve today and that of the Great Depression.The global economy could enter an intractable downturn, beginning with a financial market decline.Our guest is watching this Fall for signs of cracks in the key financial bourses, such as stocks/bonds.The discussion turns to the global trade conflict, between the top trading partners.Washington and Beijing are reportedly making progress on tense negotiations.The uncertainty amid intensifying global economic sluggishness is a solid recipe for solid PMs prices.Michael Pento, President and Founder of Pento Portfolio Strategies LLC returns to Goldseek.com.The duo concur that the US PODUS is attempting improve the position of the domestic economy.The EU and related economies may be on the cusp of a new Great Recession.The EU enacted QE operations via 20 billion Euros per month to monetize bad debt and neg. yielding debt.A stagflationary outcome is inevitable when the true core CPI domestic inflation figure is tabulated.The coming economic maelstrom could rival the Great Recession, resembling a new Great Depression.One possible scenario includes galloping stagflation culminating with runaway inflation.The requisite panacea could trigger an implosion of the global economy in a true deflationary collapse.The dialogue includes the potential for a breakdown in key financial market correlation's.Decades-long primary-trends could reverse in stocks/bonds, neutralizing traditional safe havens.Gold and related PMs will likely remain the asset class of choice for wise investors.Universal Basic Income is becoming a reality with tests underway worldwide, including Kenya, Canada and Scandinavia including plans for regions in California, where lower-income households receive standardized income, typically delivered directly to a bank account with alerts sent directly to mobile phones.GSR Hotline - Call 24/7Share Your Questions & Comments! Q&A Hotline: (641) 715-3900 followed by extension number and #: 514049# you can call, delete, re-record, your feedback is appreciated!