Harry Dent: Next Great Depression is Coming

Kenneth Ameduri, Future Money Trends, Released on 7/30/16


02:00 Deflation Coming Despite Historic Inflationary Measures
06:40 Oil Price Crash & Frackers Will be Dead
08:00 Will be 70% Correction, Worse than 2008 by Far
12:00 Loss in Faith of Currency…Inflationary or Deflationary?
12:50 Gold could Not Back Money says Harry
16:20 US is Not Weimar Germany 1920’s
17:00 Chinese Bubble in Real Estate & more
17:45 Gold is Only in a Bear Market Rally
21:00 Get more from Harry Dent & his Research and New Book

Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called “Survive and Prosper.” Mr. Dent accurately predicted Japan’s collapse in 1989, the dot-com bubble-bust in 2000 and the housing bust in 2006 to 2007 (among many other things). 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).

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Poor Harry has let his ego get the better of him, his railing against gold is hilarious, a simple look at charts tells you that over time gold is the best investment, over bonds, stocks, and what he thinks money is, the $USD.

If he could remove his blinders on gold, he’d see his basic error is relating historical charts that were a gold backed $USD pre-71, to deflation/inflation. View the 2008 collapse in $USD, which was minor really, but measure it against gold and you have a deflationary collapse of 75%. So he’s already had his deflationary collapse, but doesn’t even see it, sadly laughable.

Blind Mouse

Not only Harry but all of the guys in this site..
Why I’m here?