Harry S Dent: The Great Crash Ahead Video 2/2

[sheeniue]

I think whether Dent's prediction is precise, he provides us a great vision toward future, and the figures and diagrams are based on the real facts, which is worth knowing.

[djonesnd2000]

Google the Roaring 2000s for Dent's prediction ability

[sooperb72]

They MIGHT be right about gold and silver in the shorter term dropping but i think especially silver will look like a bargain at there current prices in 10yrs. I don't think there is anything wrong with buying silver today as a long term investment. Becareful on leveraging though..

[mechanicalengineer3]

These guys are spreading false info. Yes, the deflationary phase is perhaps ahead and that Gold/silver may tank. They have not gone parabolic in my view, they're far from it. With the amount of debt that US has, how can one think that 1900/oz for gold is parabolic????? The reason why dollar is gaining strength of late is because of Europe.

[thane17]

@mechanicalengineer3 Exactly. We'll likely have a deflationary crash, and then the economies will be effed and there will be no choice for governments but to print and print and then it's all about metals.

[blazefury2010]

So these guys don't think Bernanke will print more if we see another 2008 situation again? Bernanke already printed trillions during the first 2008 crisis! Of course he'll keep printing, that's the only thing he knows! And of course this will only make gold and silver go up even more. These guys are deluding themselves into thinking Bernanke will allow deflation to take over, he won't. Don't buy their book, total BS.

[w0tm]

Repeating what the investing world already knows. Who buys a book to read what they already know? Apparently many. He mention Swiss franc. Apparently he follows details so poorly he does not know Switzerland was forced with a gun to their head to throw their currency into the EU funeral pyre by the Illuminati/NWO/etc. Swiss people now 40% poorer. Average Swiss citizen doesn't understand what was done to them but they wil when the EU implodes. Instead of being a safe haven they will

[w0tm]

@w0tm will see their economy destroyed along with all the others in the EU. Mr. Dent didn't know this! Makes me suspect of his level of economic knowledge. The world is awash with gold and it is doubling every 7 years! BUT the world is within a few years of running out of industrial quantity of silver. Silver RUNS high technology. Over 10,000 applications. NOTHING can replace silver. Amount of remaining silver now "Top Secret"! Which means day when industry runs out is near. Multi-bi

[w0tm]

@w0tm Multi-billion dollar companies like Intel, Apple and MANY others have their core products that REQUIRE silver.  Will Intel etc. close their doors or will they pay the price investors demand for their physical silver? That will extend silver a few years but only a few years then high tech STOPS! Applications where copper etc. that can be used instead of silver have already been made. Gold will NOT replace silver! A computer with no silver will run slower than a 1980 model! Reclaiming

[w0tm]

@w0tm silver will require silver at four figures minimum.Silver, unlike gold, is used in VERY small amounts (i.e. silver wires, trace lines etc. inside integrated circuits). A typical IC has a fraction of an ounce in it.Cost to reclaim that silver is VERY expensive! For a fraction of an ounce? No way! 95% of all silver in world now GONE - in trash dumps etc. Remaining 5% being used up at INCREASING rate. Be a LONG-TERM silver investor! When silver inventory hits zero you WILL be rewarded!

[TheHolySpirit]

Aside from what has been in existence for the last 40 or so years, just name one fiat currency that hasn't crashed and burned in the last 4,000 years. Name me JUST ONE.

Anyone who refuses to acknowledge that gold and silver have always been consistently regarded as real money throughout history is incredibly arrogant.

[jellybean2626]

these guys are snake oil salemen. they have to be so outrageous to sell their book

[SilverRose09]

how much gold there is in the entire world? the size of a swimming pool. Then Gold should be 10000 per oz, don't you think?

[ArgentPure]

@SilverRose09 In order to return to a gold standard and cover all the near worthless dollars that have been printed in the world ie: debt, gold needs to be revalued to $60K per oz!

[scottj719]

The assumption that paid down debts deflate the currency doesnt look like recent history where bad debts of banks were socialized by the government (to avoid a systematic implosion) then floated by currency expansion. The big question is: will politicians do just about anything to avoid loosing their power and money from their donors, which seems to always play out as above. And the final question, if Gold is so destined for a big loss, why have world banks REVERSED and begun buying it in mass?

[ArgentPure]

@scottj719 At least some people understand! Thanks for an intelligent comment!

[kidbilly1970]

gold two years ago = $900. Gold now = $1800. 100% increase.  Harry missed this easy profit.

[WebDesignOshawa]

In my opinion history is repeating itself - Currency Wars + Trade Wars = Real Wars this is what's happening. They are ready to push the rest button WW3 is on its way.

[solojam]

I like how they forget to mention that silver is up close to 200% after that drop in 2009

[solojam]

These guys are idiots. Ya u take your us dollar. I'll take my silver that cannot be printed. Us dollar lost 98% since 1913

[mrzack888]

@solojam silver hasn't grown either since 1913. it went back down to 5 bucks an ounce in the 80s. US dollar as a form of debt increased due to population growth and ease of capital flow from globalization. compared to other currencies around the world the US dollar hasn't gone up much. the fact that it survived over 100 years while most other nations have changed currencies proves US dollar is still best bet.

[solojam]

@mrzack888 silver hasn't lost 98% of its value since 1913!!!!!!! one ounce of gold could buy a very expensive suit in 1913 and still does today!!! YOU CAN'T say that about teh US DOLLAR!!!!

[solojam]

US DOLLAR IS FIAT, google it, all fiat money goes to its real value in the end - which is $0.00

gold and silver have been money for 5000 years, just ask the chinese

[ArgentPure]

@mrzack888 Here you go again with your dis-information! The US dollar has been 100% fiat since 1971 when Nixon removed the gold standard "temporarily". Do the math, that's 40 years not over 100 years! All fiat currencies have reverted to their true value, ZERO, at the 40 years mark OR sooner! Gold and silver have maintained their purchasing power over time. The US dollar is only worth a whooping 3% of what it was in 1913! The more you talk, the more your ignorance shows! Do you homework!!!!!!!!!

[mrzack888]

@ArgentPure Wages went up from 1913 to 1970s. so it retained purchasing power.

also, the real inflation from 1970s to now was due to baby boomer population growth, and digital currency due to free market globalized easing of capital flow. so like an inverse pyramid, when things start to slow down due to demographics, debts become paid down, underwritten, or defaulted on, and the money in circulation becomes more valuable. it was consumers that drove inflation. not the fed.

[solojam]

Where was this book in 2007?  Lol

[slhines7]

The value of fiat dollars continue to go down in value, not Gold and Silver.

[ADULTEDUCATION4U]

I agree, there is going to be deflation, and to get out of it central banks, are going to inflate and print money to stop the deflation, that's why people are buying gold and silver, to combat the inflation that is going to be used in a deflationary scenario.. Deflation will deflate the price of paper gold siver and assets but if they de couple from the paper market, they will go up, if the stock market is found to be fraud, physical goods will increase, ignoring paper game..

[kgdies]

Two idiots!

[Brie217]

His record SUCKS, I don't know why anyone listens to him anymore!

[mrzack888]

@Brie217 his record are accurate in the trend, maybe not in the numbers.  this guy tells the truth, it's demographics that drove inflation. not govt printing.

[optionsupdate]

what is harry dent record like, his book reviews on amazon are mixed? how come they never say how much money they have made from using their knowledge

[TheElitePowerThatBe]

magicians. buy silver.

[62636263c]

Capitulation of a dead cat bounce. The desire for everything to be like it was is so great that it will likely occur, once. After that it all comes down for good.