I also believe a major crash is coming for stocks, gold, and silver especially with the absence of QE3. It has been an unprecedented bull run of the major indices and commodities since the market lows of March 2009, and all for no reason. Without a solid housing market rebound and full employment, the probability of a healthy, sustained economic recovery (and stock market) is zero.
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Twenty years ago, Harry Dent said the greatest boom in the history of the world is ahead of us. He also said by 2008 the party's over. The party's over.
ReplyDeleteI sold all my gold after this interview. He doesn't know anything.
ReplyDeleteWell its now mid November 2011 and the dire predictions that Mr. Dent made back in March 2011 looks spot on. I think europe will collapse sometime in 2012 and will bring down the rest of the financial world with it.
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