Surviving the great deflation: $250/oz gold, $5/oz silver (Harry Dent)

Discussion in 'Markets & Economies' started by SpacePete, Nov 28, 2014.

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  1. TreasureHunter

    TreasureHunter Well-Known Member

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    5 $ silver, 250 $ gold?

    That's sickening!

    This was supposed to be a correction. I honestly don't think it will go lower than 800-900 $ in the worst case.
    Gold is rising in a bunch of other currencies: EUR, RUB, JPY,... And the dollar can't hold itself this strong for longer.

    In 2016, the USA will most CERTAINLY increase interest rates. They might start QE again and then gold will shoot up.
     
    TreasureHunter, Feb 17, 2015
    #21
  2. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    Dent has gone full retard. No-one should go full retard.
     
    Shaddam IV, Feb 17, 2015
    #22
  3. TreasureHunter

    TreasureHunter Well-Known Member

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    He went "full potato" :lol:
     
    TreasureHunter, Feb 17, 2015
    #23
  4. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    Nothing happens in isolation. If gold and silver reach those prices what will the prices of other items be? When the selling cost of manufactured items is lower than the cost to make them what will the world look like? It certainly won't be a world just like this except that gold and silver are nearly worthless....
     
    Shaddam IV, Feb 17, 2015
    #24
  5. Oldsoul

    Oldsoul New Member

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    I don't rate dent and I feel sorry for those who pay him.
     
    Oldsoul, Feb 27, 2015
    #25
  6. Oldsoul

    Oldsoul New Member

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    [​IMG]
    Source: premierespeakers.com

    [youtube]http://www.youtube.com/watch?v=X6WHBO_Qc-Q[/youtube]


    I could book him to come and speak to me while I lie in a Jacuzzi for the right money. I have better things to do.

    http://premierespeakers.com/financial_speaker

    Why does he need to do that if he has super duper economic models that let him see the future?

    No thanks.

    He needs radical doom predictions for PR just like the rest of his ilk.
     
    Oldsoul, Feb 27, 2015
    #26
  7. Oldsoul

    Oldsoul New Member

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    Source: premierespeakers.com


    [youtube]http://www.youtube.com/watch?v=D519hT7-ytY[/youtube]
     
    Oldsoul, Feb 27, 2015
    #27
  8. JulieW

    JulieW Well-Known Member Silver Stacker

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    Dent's advice is, in my view, a perfect path to dying in poverty.
     
    JulieW, Feb 28, 2015
    #28
  9. renovator

    renovator Well-Known Member

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    I agree julie .. For all those wanting financial advice go & talk to the local millionare/well off businessman in your community .Never listen to these internet spruikers.

    I think the internet is full of frauds making a quick buck & full of bad advice .Seriously if you want to learn ask someone thats made their fortune by working not dribbling :)
     
    renovator, Feb 28, 2015
    #29
  10. JulieW

    JulieW Well-Known Member Silver Stacker

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    Come back Non Recourse. All is forgiven!

    Come back Old Codger. The. 'Ignore' function is fixed
     
    JulieW, Feb 28, 2015
    #30
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