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written by reader HARRY DENT: IMPENDING CRASH?

By SamWiebaux, February 4, 2021

HARRY DENT ISN’T DEAD…. Bht it APPEARS he says USA ECONOMY soon WILL BE!

GLEN BECK HAS HAD HARRY DENT on his Radio Program!
HARRY DENT says a MASSIVE CRASH IS NEARLY UPON US!

40% to 90% FALL!
THOUGHT I TRIED TO START A DISCUSSION ON THIS TOPIC, BUT I WAS EITHER CONFUSED, OR IT WAS “CANCELED! (?) !

WHATEVER THE CASE, THE WAY THE CURRENT FOOL ON THE HILL IS SPENDING (proposing) to SPEND, I BELIEVE IT IS/WILL HAPPEN! AND SOON!
______________________________
ANY IDEAS ON WHAT TO BUY IF THIS HAPPENS, or BEFORE THIS HAPPENS, which is LIKELY the BEST POSITION TO BE IN!
COMMENTS?

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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Travis Johnson, Stock Gumshoe
February 5, 2021 9:35 am

Dent has been making wild demographics-based predictions for decades, my interpretation is that sometimes he’s right about the general direction of things over very long periods of times, but not in a way that seems likely to have made any money for investors. Prophesies sell well, whether of doom or boom, and he’s a pretty good salesman.

There’s been a lot fo coverage about this over the years, including this from Barron’s ten years ago: https://www.barrons.com/articles/SB50001424052702303392404576566841665679146

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t34classic
February 5, 2021 7:11 pm

Best laugh I have had tonight thank you

dinjax
Member
dinjax
February 6, 2021 9:22 am

Dent’s ETF was shut down in 2012 due to lack of interest. Apparently he’s better at writing books about his theories than putting them to practice.

https://www.nasdaq.com/articles/harry-dent-tactical-etf-gets-ax-2012-08-06

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gwilliams71
gwilliams71
February 5, 2021 10:46 am

This seems to be a topic on a lot of peoples minds now. What are your thoughts as to adding new capital into the market now and or holding current positions in the market?

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t34classic
February 5, 2021 7:13 pm
Reply to  SamWiebaux

Enough about Harry what do you think Sam?

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dinjax
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dinjax
February 6, 2021 9:11 am
Reply to  gwilliams71

There’s a good Seeking Alpha article on what might be coming. KCI Research Ltd. has been pretty accurate in the past and was spot on telling people to invest in natural gas cos. last year. AR was one of his recommendations that I had, but added to based on his conviction leading to a >2.5x return. I have no affiliation with KCI, just passing on info.

According to his projections, LT rates could soon rise above 1.5%, and keep going. No surprise there given that DC’s money printing is clearly on its own very effective Operation Warp Speed. He suggests tech, REITs, healthcare, consumer staples sector and utilities will get hit while commodities, financials and EM value will outperform. If you believe rates are going up then you might also evaluate TMV, which I hold, as well as gold and silver stocks.

https://seekingalpha.com/article/4404005-rates-are-rising-and-not-all-roses-for-investors?mail_subject=kci-research-ltd-rates-are-rising-and-it-s-not-all-roses-for-investors&utm_campaign=rta-author-article&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha

Good luck! It feels like this year is going to be more of a stock picker’s year then 2020.

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Travis Johnson, Stock Gumshoe
February 6, 2021 4:15 pm
Reply to  gwilliams71

I’m both holding and doing small amounts of buying, though the frothiness of speculation in the markets and the near-record valuations we’re seeing for a lot of stocks, especially in hot sectors, certainly has me nervous.

There’s almost no chance I’d be able to successfully sell at the top and buy back in at the bottom, so trying to identify those points is a wasted effort.

I’ll continue to try to focus on company-specific prospects, and on being diversified enough (and with enough cash) to not freak out if there’s a panic in one stock or one sector… but if we do have a big downdraft I’ll end up hitting stop losses on some of my larger momentum positions, and would likely sell to protect some of those profits, but I’ve already shaved off profits on a lot of them so I’m willing to be pretty patient with the volatility, at least with companies that I’m pretty sure I’d still like to own ten years from now.

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steveflick
February 6, 2021 1:21 am

Travis is right, Harry Dent is a good salesman. I subscribed to his Boom and Bust Newsletter for 3 years until he sold it last April. now you can find him at Harry Dent Research, hsdpublishing.com; i do not subscribe. To balance Harry’s Bust, I subscribe to Investorplace entry Investment Opportunities by Matt McCall, another good salesman, in the Boom. But best of all, is Stock Gumshoe, Irregular membership $59 or $79 a year – the best money you can spend in the financial/investment industry!

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steveflick
February 6, 2021 1:05 pm
Reply to  SamWiebaux

Treasury Agent reminds me 16-18 years ago I worked for Norwood Plastic Printers, Melbourne Australia. Australia currency bills are printed on plastic with lots of color ink (i.e. so as not to confuse US $10 bill with a US $100 bill). Leading up to Y2K, (before my time with Norwood) one of Australia gov’t treasury printing machines broke down, Australia gov’t contracted with Norwood (secretely, until done in several months) to print currency bills. Plastic bills last a lot longer than our paper bills.

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steveflick
February 6, 2021 12:55 pm
Reply to  SamWiebaux

Yep, sounds like Harry Dent.

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t34classic
February 6, 2021 5:40 pm
Reply to  SamWiebaux

Slow down, slow down, I am wondering if you new car went up your nose ?

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