Breaking News

Tweet TWEET

Michael Pento Joins Euro Pacific as Senior Economist, Leaves Delta Global

Michael Pento, who correctly predicted the 2008 commodity market collapse, joined Euro Pacific Capital as a senior economist.

Pento said today in a telephone interview that he will be based in New York and cover macro-economic trends and “international investment and commodities, in particular precious metals.” He will also serve as the firm’s vice president for managed products.

Pento was previously a Holmdel, New Jersey-based senior market strategist at Delta Global Advisors of Huntington Beach, California. Euro Pacific is run by Peter Schiff, who predicted the recession in 2006.

To contact the reporter on the story: Millie Munshi in New York at mmunshi@bloomberg.net.

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.