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S W
Member since May 2012
668 commentaries - 5 followers

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has posted a comment on the article :

Harry Dent Says Stocks Set to Fall 70% by Late 2017, Gold $400-$800 - Gordon Long - Market Analytics

I don't care what Harry Dent thinks.
I did not bother to read past the first few lines.
But I know that whatever happens in the future, those that have gold and other tangible assets and/or marketable skills will be far better off in the long run.

Does it matter if gold goes to $400-$800 ? No.. you have gold.

If gold goes to $20,000/ounce.. you would be an idiot to swap for dollars.

But swapping a kilo for a beachside mansion will be quite feasible.
On second thoughts maybe a mansion is a bit over the top. Beachside Pad.

Commented 2926 days ago

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Beginning of the headline :FRA Co-founder, Gordon T. Long is joined by Harry Dent to have a detailed discussion about the state of the global economy and how investors can be prepare themselves for the turmoils to come. Harry S. Dent, Jr. is the Founder of Dent Research, an economic forecasting firm specializing in demographic trends. His mission is "Helping People Understand Change". Using exciting new research developed from years of hands-on business experience, Mr. Dent offers unprecedented and refreshingly... Read More

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