Goldseek Radio, Released on 10/1/23
From his NY office, Harry S. Dent Jr., “The Dean of Demographics,” founder of harrydent.com, says don’t expect an economic, “soft-landing.”
– $5.2 trillion over two years of FOMC stimulus, is holding the domestic house-of-cards together.
– Monetary stimulus and tightening takes years to impact rates slower than expected.
– MBA Mortgage purchase index.
– US housing starts (ominous signs)
– Gold could hold firm amid the next prices, relative to other assets.
– Shares of stocks in India, could represent a relative value.
– A US Navy article claims China’s ship-building potential is 100x’s the domestic output.
– BITCOIN! A digital solution, worldwide for numerous fiat money flaws!
– Will Bitcoin remain “digital-gold” in the global, digital economy?
– Will Bitcoin soar to $150,000+ in the next bull leg; perhaps $1 M in the coming years?
– Economic cycles analysis.
– Harry Suggests: The Lessons Of History By Will & Ariel Durant
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder of HarryDent.com, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. Harry received his MBA from Harvard Business School, where he was a Baker Scholar and was elected to the Century Club for leadership excellence. He then joined Bain & Company as a Fortune 100 business consultant. He’s written numerous books, including The Great Boom Ahead (1992), The Great Depression Ahead (2008), The Great Crash Ahead (2011) and The Demographic Cliff (2014). His most recent novels are The Sale of a Lifetime and Zero Hour.