Harry Dent predicts global economic crash in 2013
Harry Dent of HS Dent Investment Management explains why he predicts a market crash in the third quarter of the year and that the U.S. is headed towards bankruptcy. Stock Market.. an aging Bull Market? Real Estate Party Over? Invest In Gold? Europe Crash Impact? The Government Has To Fail... Survive and Prosper in 2013 with Harry Dent.
Harry S Dent is a financial newsletter writer and author , who is also the founder of HS Dent Investment Management, an investment firm based in Tampa, Florida. Mr. Dent's latest book is The Great Crash Ahead. Other books include The Great Depression Ahead and The Next Great Bubble Boom.
Can you say, attention grabber. How many times will this clown call for a crash. Boring.
ReplyDeleteCan you say: "WRONG AGAIN!"
ReplyDeleteWhen did the market go down between December - February?
We're in March now and the DJIA is over 14,000.
Clearly this guy has no idea what the hell is going on. Even if this is a "manufactured" rise in the stock index, it's making some people rich.
I bet now he's going to claim that he knew about the Cyprus bank meltdown/holiday and that he "predicted" it, like all the other clowns (ie: Gerald Celente, Lindsay Williams, Alex Jones etc).
Harry Dent was calling for a new crash 7,000 points ago. Had you listened you would have lost out on a fantastic bull run, manufactured or not.
ReplyDeleteHe expects listeners to heed his doom calls and wait for the other shoe to drop while the market continues upward.
He shares fear-mongering predictions based on demographic spending as if that is the magic key to everything in our economy. He works on people's anxieties. When the predictions don't come to pass he consistently pushes out the timelines. He doesn't own up and admit he was wrong.
Some day there will be a huge market downturn, it is inevitable. That doesn't make him right now nor during the last 4 years. I pass on Harry Dent - there is too much deception.
Well...looks like that crash is shaping up quite nicely here in April 2013.
ReplyDeleteWe have gold tanking the largest drop in 30 years....which is a precursor to the market tanking.
The next month should be quite interesting.
On March 14th Harry gave email advise to clients to buy GLD at $154 then on April 26 Harry gave the order to sell GLD at $141.
ReplyDeleteSo hist clients that obeyed LOST 10% in 31 trading days.
I should know.... I am a subscriber and get the emails. Good thing I don't listen to him!
On March 15th Harry said to buy SH (Short S&P) at $30.80 saying that markets are about to go down.
ReplyDeleteSo on 15 May he said to sell SH at a loss of 6%
And now only 3 days later (18 May) he says to buy SH again at the price we just sold it at (WTF). It's already in the red.
YES I BELIEVE HE RIGHT YOU ONLY GOT TO LOOK AT THE GREAT PYRAMID THE BOTTOM LESS PIT
ReplyDeleteHarry Dent makes much of the Baby Boomer(c1946-c1963)cohort size of 76 million, without considering the 96+ million size of the Millenial generation (c1983-2001).
ReplyDelete