Over the years, best-selling author and renowned Harvard economist Harry Dent has accurately predicted the dot com bust of the early 2000s, the crash of the US housing market in 2006, the financial meltdown of 2008, and the plummet in crude oil prices in 2015. Now he's back with a bold new forecast - one that calls for gold to take a disastrous dive in price, all the way down to $250.
In his brand new audiobook, How to Survive (and Thrive) During the Great Gold Bust Ahead, Harry warns investors that moving their assets into gold isn't the safe haven they think it is - and why it won't protect them from the biggest market collapse since the Great Depression, set to hit in 2016.
In this shocking audio program, you'll discover:
©2016 Harry S. Dent, Jr. (P)2016 Gildan Media LLC
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"Honest bad advice"
Long story short Dent tells people to buy bonds which is pretty much the worst thing you could buy at the moment. I am not saying gold is any better, but a quick look at corporate profits screams 'stay away'. I totally understand the logic of what he is saying, the only problem with his line of thinking is keynesians are always going to do keynesian things. Central banks would never just sit back and allow the markets to be free. We in reality live in a central planned economy, and his logic only makes sense in a free market.
The author seems extremely convinced about his predictions and tries to convey his convinctions to the readers. I'm not sure if anyone on this earth can be so sure about future events especially related to economy, and therefore pushing people to act accordingly.
If however his predictions will be true, then we are heading to a new economical worldwide disaster. But again, is it possible that no one from the world economical and financial leaders predicted the same events or read his book and was convinced about his predictions, and will do nothing to change this fact?
"this was a great listening experience."
this gives you a lot to consider that's is very informative.
makes me rethink a few of my strategy
"A very good Book"
Great information on economics and what to do in the coming economic crash. He is very versed in history and makes the case for deflation over inflation ahead.
"he repeats some of the information"
I always enjoy listening to mr. Dent has really good information about the dollar and gold in this book
I wanted a credible counter point to the pro gold view but this was low on reason and high on verbose platitudes. In fairness i could only stomach it to Chapter three, but the style was not for me.
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