Natural Resource Stocks, Released on 10/21/25

Market historian and demographic forecaster Harry Dent returns to lay out a stark roadmap: a front-loaded crash with the Nasdaq down ~57% and the S&P down ~48% in the first 2–3 months, followed by a deeper cleansing into 2026–2028. He argues the post-2008 economy was propped up by roughly $29 trillion of combined deficits and money printing, delaying — not preventing — a necessary reset. His playbook: short stocks early, then rotate into long-duration U.S. Treasuries (e.g., TLT) as the crisis matures; avoid relying on gold during the initial downdraft, with its real bull market to come later, driven by India’s multi-decade rise.

00:00 Cold open: “Biggest crash of our lifetime”
00:20 Host intro + Harry’s free newsletter (harrydent.com)
01:01 “Parabolic markets, weak internals” — setting the scene
03:08 The $29T that changed the cycle (deficits + QE)
05:22 Why policymakers can’t stop what’s next (too little, too late)
05:52 Crash math: S&P −48%, Nasdaq −57% in first wave
07:11 Treasuries as safe haven; gold’s role (later)
08:35 Trade path: short stocks first, then TLT rotation
09:38 Why India eventually drives the gold super-cycle
16:10 Real-estate: sell the home with the most equity?
23:25 Three strategies: cash, Treasuries, or staged short→bonds
27:15 When reinflate: what to buy in 2028 (India, tech, gold)
29:27 Where to find Harry’s work (free newsletter)

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.

  market crash