GOLD 0.51% $1,391.7 gold futures

finally ready to blast higher, page-54

  1. 804 Posts.
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    I thought Harry Dent's book a good read - there is a demographic factor to all the drama that doesn't get noticed - and I think to manage risk effectively you need something like his big picture scenario.

    Here are his predictions from several years ago for those who may have forgotten:

    "The economy appears to recover from the subprime crisis and minor recession by mid-2009 "the calm before the real storm."
    Stock prices start to crash again between mid- and late 2009 into late 2010, and likely finally bottom around mid-2012 between Dow 3,800 and 7,200.
    The economy enters a deeper depression between mid-2010 and early 2011, likely extending off and on into late 2012 or mid-2013.
    Asian markets may bottom by late 2010, along with health care, and be the first great buy opportunities in stocks.
    Gold and precious metals will appear to be a hedge at first, but will ultimately collapse as well after mid- to late 2010.
    A first major stock rally, likely between mid-2012 and mid-2017, will be followed by a final setback around late 2019/early 2020.
    The next broad-based global bull market will be from 2020-2023 into 2035-2036.

    http://www.hsdent.com/purchase-the-great-depression-ahead/
 
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