HARRY DENT: IMPENDING CRASH?
by SamWiebaux | February 4, 2021 11:13 am
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!
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ANY IDEAS ON WHAT TO BUY IF THIS HAPPENS, or BEFORE THIS HAPPENS, which is LIKELY the BEST POSITION TO BE IN!
COMMENTS?
Source URL: https://www.stockgumshoe.com/2021/02/microblog-harry-dent-impending-crash/
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
Best laugh I have had tonight thank you
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
1987, October, I had just WALKED OUT OF A SMALL BUSINESS WHICH PROVIDED ALL MY INCOME!
Then MONDAY CAME!
BLACK MONDAY, they NOW call it!
I had a NEW BUSINESS within a few SHORT weeks!
NOW I AM BEING BEATEN RAW BECAUSE I AM NOT “WOKE!”
All I can say is the PRESENT SOCK OF LIMP GOONS CANNOT RUN AN ECONOMY!
Beware the next few weeks!
WATCH OUT FOR BANK RUNS!
Is it ANY COINCIDENCE that BILL GATES, JEFF BAZOS, GEORGIE SORASS, WARREN BUFFETT, etc., ARE NOW “(mostly)” RETIRED (or so damn OLD that THEIR END is NEAR?
And I am NOT SAYING THAT THE PREVIOUS GROUP WILL LOOSE IT ALL!
“EVERYTHING IS GOING DOWN!” Josepi BiTem HAS NO CLUE, nor does his “GROUP OF THIEVES!” They have PROVEN THEY CAN STEAL, but NONE OF THEM CAN RUN A BUSINESS; much less an economy!
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?
Harry Dent, second half from Glen Beck Program, coming on [ Feb 5, 2021 ] in the NEXT HALF/toHOUR from 11:11 am (NOW) ESTime.
GET IT FROM THE HORSES MOUTH!
IF HARRY IS CORRECT, this is a POOR TIME to put CASH IN, but, but, but!
And I CANNOT ANSWER THAT “but!”
But I AM NOT crazy about BUYING given what Harry said in the Ladd few days on G B radio program!
I ALSO think we have “FOOLS ON THE HILL!” So do we buy GOLD, SILVER, CRYPTO, FOOD, DEFENSE MATERIALS, or do as the ANCIENTS DID AND PARTY HEARTY? Joe BiTen our asses won’t help! He wants to BAN our survival gear and ammunition while he MANUFACTURES TOILET PAPER from old 100 dollar bills!
Maybe ELON MUSK will COLONIZE MARS in the next year or two!
Enough about Harry what do you think Sam?
I think steak and bake is far easier to take than beer! Throw in a lobster and I am totally convinced! My Adams Apple approves, as well!
I like Elon Musk’s plan! I think he is the new P.T. Barnum and I like the Circus he is creating!
Time to Blast Off! Bring along the Tiger in the tank of the 65 GTO!
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.
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.
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!
As much as I HATE TO, lol, I agree on Travis! I have FELT CHEATED by the WORST, but I finally settled on the Stock GumShoe AND PAID OUT THE HUGE BUCKS for a subscription! Travis has a GREAT LADY who handles the subscription Dept., and AS ALWAYS, mine needed handling! ( I have had goons messing with my Internet, my devices, my mind and my, nevertheless, I am HERE FOR AT LEAST A YEAR! Takes at least THAT LONG to get the GUM OFF MY SHOE!
My ONLY gripe is the TINY PRINT which I don’t seem to be able to ENLARGE!
Years ago I talked with a TREASURY AGENT who was in town looking for a TALENTED (LoL,NOT) FORGER printing up 100 dollar bills on a leased, state of the art (or so he thought) photocopy machine! KINDA THINK THAT GUY RAN INTO TROUBLE WITH PRINTING SIZE!
I have a FIRE BUCKET that I toss 16 or 17 cents a day into so that IF I LIVE LONG ENOUGH, I will be able to FINANCE the RENEWAL of MY GumShoe without putting a DENT into my meager income!
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.
You could bill me!?
BTW, just got a REPLAY, DENTed, saying 30 year US TREASURY Bonds, hold em for two/three years while THE BUBBLE BURSTS!
Bitcoin going down in short run, REAL ESTATE (residential) MASSIVELY BAD, STOCKS CRASHING, CASH NECESSARY TO SURVIVE A COUPLE OF YEARS (but DON’T KEEP IT IN A BANK).
Baby Boomers will TORPEDO the HOME/secondHOME market, etc.!
JUST BE GLAD YOU AREN’T YOUR CHILDREN/grandchildren!
RIDERS ON THE STORM!
Riders on the storm.
Riders on the storm.
Into this house we’re born.
Into this world we’re thrown.
Like a dog without a bone.
An actor out on loan.
Take a long holiday.
Let your children play!
Marshmallows live for several years in plastic bags!
They taste great when toasted over a wood fire(natural gas may not be constantly available)!
SOUNDS LIKE A CHARMING LIFE! Might make me take up drinking again if it gets too bad!
Yep, sounds like Harry Dent.
By the way, replay of a Glen Beck Radio Program (NO IDEA WHAT DAY) said GME (GameStop) stock was up 2,000 PERCENT! But LIMITED in USE, and ESPECIALLY ON ROBINHOOD!
BUBBLES FOR AMERICANS! RIDERS IN THE STORM!
SOMEHOW, the FACT that GME STOCK was up “2000 percent” IN MEXICO got left off! I was VERY SLEEPY when I POSTED THAT!
I run 18 hour shifts, at times – AND NOT BY CHOICE! SLEEP HAS NEVER BEEN MY STRONG SUIT! Made me a GREAT CHOICE to run nights in the INTEL UNIT I WAS IN IN NAM!
Unto whomsoever much is given, of him shall be much required.
LUKE 12:48
Slow down, slow down, I am wondering if you new car went up your nose ?
HARRY DENT IS RIGHT, AMERICAN WEALTH WILL BE SERIOUSLY DIMINISHED!
WHAT I DON’T THINK HARRY IS RIGHT ON IS HOW AND WHY!
A GLOBAL DISASTER IS BEING PLOTTED, AND IT IS LIKELY THAT THE AMERICAN HOMELAND WILL BE INVADED!
1 BILLION PERSONS MAY BE ALL THAT IS LEFT ON EARTH AFTER THIS LEFTIST WORLD CPUP TAKES PLACE – AND MINORITIES WILL BE THE GREATEST CASUALTIES/
GEORGE SORASS, BILL GATES, AND FRIENDS WILL OVERSEE THIS CARNAGE!
SO SCREENSHOT THIS BEFORE IT DISAPPEARS!
In Vietnam the EARLY DAYS of the END OF U.S. INVOLVMENT began to look like PRESENT DAY AMERICA!
THERE WILL BE NO RESCUE HELICOPTERS, AS WAS THE CASE IN SAIGON, FLYING LOADS OF PEOPLE OFF THE UPPER FLOORS OF THE EMBASSY!
PACK YOUR BAGS, WE ARE IN FOR A ROUGH RIDE STARTING VERY SOON! THE DAMN STOCKYARD ELEVATOR WILL COLLAPSE!