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Pento – Time to Buy Mining Shares, Economic Storm Intensifies

from King World News

Today Michael Pento told KWN it is time to buy the mining shares. Pento, of Pento Portfolio Strategies, writes for King World News to explain why it’s for investors to make the move into miners, but first, he warns the economic storm is intensifying across the globe. Pento had this to say about the situation: “The developed world’s economies continue to suffer through a worsening condition of stagflation. In the U.S.; the ADP employment report for April indicated that the economy gained just 119k private sector jobs in total, and lost 4k from the all-important goods producing sector of the economy. The Non-Farm Payroll, report released on Friday, showed that the economy gained just 115k jobs, of which only 14k came from the goods producing sector.”

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