According to renowned Harvard-educated economist and forecaster Harry Dent, “If you think either gold OR bitcoin is going to protect you from the upcoming market bloodbath well, you’re in for a nasty surprise.” “Everything–– and I mean everything–– is in a bubble right now. That includes gold and cryptocurrencies.”. Harry Dent's Scenario for Bitcoin | THE FINANCIAL ARMAGEDDON BLOG Harry Dent's Scenario for Bitcoin I'm calling for one more bitcoin rally all the way up to $25k - $32k before a crash. Check out the research I presented during the Irrational Economic Summit. Nov 25, · The next stock market crash will not simply rebound like the selloff of March, , Dent added. “It’s a reset for the greatest financial bubble in history, partially caused by a good economy at first, like the roaring 20s, but greatly goosed up central banks,” he said. The trigger for this crash is more bankruptcies, Dent noted.
Harry dent bitcoinHarry Dent: The Pandemic Was Just the Catalyst – Krypt0Knight
Reading it as the global crisis was unfolding and the economic outlook turned bleak it felt like Harry was commentating world events in real time. To arrive at these conclusions, Harry and co-author Andrew Pancholi identified a range of demographic and geopolitical cycles all due to collide in An opponent of note is the economic researcher and wealth adviser Larry Swedroe , who has made it his mission to hold Harry accountable to his predictions — which he claims have been more often wrong than they are right.
He says this is just how disruptors are met. We are greeted with bullets and A-bombs and told to get out of here. Dent saw the developed world arriving at the pointy-end of a long and unsustainable period of technological progress and growth, which was destined to implode in the greatest bubble burst of modern history. In a feeble attempt to thwart the resulting downturn, and in an expression of gross monetary manipulation central banks would respond by printing more money.
Leah Callon-Butler, a CoinDesk columnist, is the director of Emfarsis, a consulting firm focused on the role of technology in advancing economic development in Asia. Then, amid rising geopolitical tensions and regional trade wars, domestic melting pots would finally boil over as citizens from incongruous cultures, religions and income groups railed against the establishment in a backlash against intensifying globalisation.
Harry Dent, who is 67, has built a career on such bold predictions. They want some safety money. She is the founder of www. More from this author. As the needs of your clients and prospects change, make sure your technology can keep up. The best way to deliver quality service is by understanding what clients want from your interactions.
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What Now? Thank you for sharing! Your article was successfully shared with the contacts you provided. Harry Dent Harry S. Many consider the coronavirus catastrophe to be a black swan event. Do you agree? What pattern do you see for the recovery? When will the recovery start, as you see it? Stocks generally have been rebounding. Up ahead, what will we see in the markets? Then what? What should investors do now about their portfolios? But is right now a good time to buy stocks? To what extent will stock buybacks continue?
What do you suggest investing in after selling out of stocks? Do you foresee any sectors of the economy that will do well? When do you think oil prices will rise again? Is gold still the safe haven? What has he done in that regard so far?