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The man who predicted nearly every major economic trend over the past 30 years... including the 1991 recession, Japan's lost decade, the 2001 tech crash, the bull market and housing boom of the last decade and, most recently, the credit and housing bubble...
Now predicts the DOW is going to crash.
In fact, world-renowned economist, Harry Dent, says, "We'll see a historic drop to 6,000... and when the dust settles - it'll plummet to 3,300. Along the way, we'll see another real estate collapse, gold will sink to $750 an ounce and unemployment will skyrocket... It's going to get ugly."
From a Wall Street Daily email 2.19.2013 "The January Effect"
Many investors believe stock prices have run too far, too fast in the New Year. Of course, as I proved on Friday, that's not the case. Yet investors still refuse to believe it.
My comment: Not this time.
An eschatologist's opinion: Invest in Israel and Israeli products soon. There are two other safe investments; however, they're too risky at present.
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