Economist Harry Dent is Interviewed by Straight Talk Wealth host Bruce Weide (Part 2)

Economist Harry Dent talks with Bruce Weide on America's economy and where we may be heading in the near future. Part 2.

You can subscribe to Bruce's iTunes podcast's here: http://itunes.apple.com/us/podcast/straight-talk-wealth-radio/id492595223

Category:

News & Politics

Tags:

• Harry
• Dent
• economist
• economies
• economic
• Straight
• Talk
• Wealth
• Bruce
• Weide
• Part Two
• Economy
• Economics
• Interview

[torontobills]

Harry is typical american. He doesnt think outside the box. What about the endless wars and crooked wall street. He doesnt talk why silver jumped 4 to 50 in the 80's. Maybe silver jumped because of the hunt brothers. Why would you hold on to the dollar when we are about to bomb iran. Oil will be $300 barrel and world will dump the dollar. He keeps talking about cycles and charts. Harry welcome the new world. Gold and SILVER CURRENCY

[StrtTlkWealthRadio]

@torontobills Your points are very well taken. Good arguments. I think the thing that is salient about Dent's story is that the inflationists worry about the Fed adding $2Trill to the money supply while there is probably $20trill that is gong to burst in Private Sector Debt that will never be paid back. And the Fed will soon be checkmated on further QE as it will raise interest rates, which the Fed doesn't want. If $20trill leaves while even $2-4trill is added, will $ be more or less valuable?

[xspettacolare]

i wonder if the furniture was bought at ikea . I don't buy into Peter Schiff he's a gold dude, if lead was in high demand he would sell lead bullion..

[StrtTlkWealthRadio]

@xspettacolare :-). Harry makes some really good points about the total supply of money still being vaporized by private bad debt washing out. Precious metals can fluctuate on the mere perception of inflation, outside of their straight commercial demand. There are two things that should slow the inflation of commodities. 1.) China bubble will burst somewhere up the road which will slow down building. 2.) Dollars will become more valuable as Europe plays out, and debt washes out at home.

[xspettacolare]

@StrtTlkWealthRadio

if what you say is true then metals such as palladium which is a metal roughly 80% of it used by the auto industry .palladium is used in the catalectic convertors. it's an industrial metal which should go down in value if we have a global slow down in china. the eu/uk are bankrupt. maybe it's time to short some precious metals? but wait the EU is asking china to bail out the euro,so we might see the euro take off & dollar go down but that's just tempory. what do U think?

[StrtTlkWealthRadio]

@xspettacolare Hey my friend, when folks start asking me about buy and sell signals over my youtube channel, I am slipping down the slope from bringing you insight to becoming your personal online advisor. I personally recommend that you visit HSDent "dot com", subscribe to Harry's newsletter, and see about attending his network. You would have some direct access there. He's a great guy to talk to.

[misterman6000]

@StrtTlkWealthRadio Hi, I think that american economists are missing the point; supply and demand of $ works if USD is a commodity; paper money is really a confidence game between governments i.e whose IOU's would you rather hold. Inflation /deflation is a mute point this debt=money system is collapsing fast. We are going to a new system , maybe gold backed currency maybe not we have to see

[misterman6000]

@StrtTlkWealthRadio Hi, I think that american economists are missing the point; supply and demand of $ works if USD is a commodity; paper money is really a confidence game between governments i.e whose IOU's would you rather hold. Inflation /deflation is a mute point this debt=money system is collapsing fast. We are going to a new system , maybe gold backed currency maybe not we have to see

[StrtTlkWealthRadio]

@cortec3000 Thanks! It was fun.

[cortec3000]

Great interview..Harry s an authority and laid back..nice combo