Always good to round out your knowledge with various market philosophies, but Dent is King. Harry Dent did get one thing wrong---got the market direction correct, but came short on the extent the market was going. Not bad, because most economic "sooth sayers" are wrong on about every prediction.
one thing not mentioned and is critical is that all the markets are interrelated financed by leveraged fiat money with the western nations very heavy in debt they can not pay back. This could trump demographics until there is a crash and things reset. if there is no crash then wide swings inflating currencies will be used to reduce debt. When a currency gets into trouble moves can be very fast. look at a chart of the zimbabwe stock exchange.
Peter Schiff is garbage. Dent is the real deal. so humble also.
mrzack888 1 year ago
Always good to round out your knowledge with various market philosophies, but Dent is King. Harry Dent did get one thing wrong---got the market direction correct, but came short on the extent the market was going. Not bad, because most economic "sooth sayers" are wrong on about every prediction.
toneclub 1 year ago
one thing not mentioned and is critical is that all the markets are interrelated financed by leveraged fiat money with the western nations very heavy in debt they can not pay back. This could trump demographics until there is a crash and things reset. if there is no crash then wide swings inflating currencies will be used to reduce debt. When a currency gets into trouble moves can be very fast. look at a chart of the zimbabwe stock exchange.
kanechi100 2 years ago
It is easier said than done but perception changes a lot slower than price
Nuanceqwest 2 years ago
This guy is pretty much quoting Dent when it comes to China and India. "Buy and Hope". He is right on a lot of this.
high5flyer 2 years ago