“This time, it’s got to crash 86% for the S&P 500 just to get back to the last low in early 2009,” cautions Harry Dent, the founder of HarryDent.com. In an interview with Daniela Cambone, he paints a bleak picture of the financial landscape for 2024, suggesting that the largest stock market bubble of our lifetime is on the verge of bursting. “This year, we’re going to see the economy down,” attributing it to the Federal Reserve both overstimulating the economy during the pandemic and now engaging in over-tightening. “It takes more like a year and a half to fully hit. So the tightening that peaked in March of 2023 will not fully hit until late 2024,” Dent explains. He is less optimistic about the housing market in 2024, indicating that there might be a prolonged period before people can purchase houses at discounted prices.” Watch the video for more of his insights.
📞GOLD & SILVER BUYER CONSULTATION
Ready to explore Gold & Silver and how a proper strategy can not only protect your wealth but create opportunities during crisis? Schedule your strategy call now: or call 866-706-9061
📖 FREE DOWNLOAD: YOUR ULTIMATE DECISION-MAKING GUIDE ON GOLD AND SILVER
Discover proven strategies for acquiring precious metals with our free guide. Learn to navigate quality, pricing, and authenticity for optimal privacy and performance, and see how experts can help craft a plan suited to your objectives. Download now:
📖 CHAPTERS:
00:00 Introduction and Dire Warning for 2024
03:00 Government Stimulus and Economic Cycles
06:01 The Fed’s Control and Damage Control
07:51 Preparing for the Crash: Avoiding Equities and Real Estate
09:02 Buying Opportunities and Real Estate Market
12:24 Real Estate Market in Canada
13:02 Investing in Cash and Long-Term US Treasury Bonds
15:26 Bitcoin and Cryptocurrencies
17:41 Gold and Financial Asset Bubbles
19:02 Flying and Election Predictions
20:42 Conclusion
👋 STAY IN TOUCH WITH ITM & DANIELA
🟩 Schedule a Strategy Session: 866-706-9061
🟩 Email us at services@itmtrading.com
🟩 Official Homepage
🟩 Listen On The Go:
🟩 ITM’s Twitter:
🟩Daniela’s Twitter:
🟩Daniela’s Newsletter:
🌎 ABOUT ITM TRADING:
For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.
ITM Trading Inc. © Copyright, 1995 – 2024 All Rights Reserved.
#economy #harrydent #2024 #gold
source
45 Comments
Harry Dent…history lesson, then warning of coming catastrophe….rinse and repeat. Harry might have had a shred of credibility somewhere in the past. That shred is now a single flimsy piece of cotton.
FIRE THE FED !
There's nothing natural about blowing the largest bubble on earth following in the footsteps of the bank of Japan. 5000 banks, 6 were insolvent, 6 more overseas, selling each other toxic waste getting fantastically rich on the way up, and fantastically rich betting against there own customers when their complex derivatives failed by design, that's FRAUD, and Barack Hussein Soharto gave the keys to the get away car to Timothy Geithner, nobody goes to jail
Did he say Bitcoin will be a buy in "a year or 2" ? Did i understand that correctly?
This joker.,,,, who pays this guy to be on their show? He is not credible at all 😂😂
It's time to Harry to quit financial advising and start driving for Uber!! hahhhaaa!! he doesn't accept comments on his own blog.
13:24 you showed the usdebtclock at 34 Trillion. Your video is from a month ago. Today (March 1, 2024) it stands at 34.41 Trillion. Where the heck are we going?
I did not know that China had 1.4 "trillion" people… and a lot of empty talk.
Store your wealth in Heaven, the day of reckoning is coming and YESHUA = SAVIOR is the ONE who will be doing the reckoning.
I'm glad Mr.Dent said a crash is coming, because now I know to invest….
LOL
But Harry they ( the finance institutions) know they will come out on top. It's the lower levels of society that will pay for it and suffer the results.
Every year Harry says the same thing
Interview David Hunter. I think he is on it.
Daniela, Haven't you interviewed Harry last 2 years when he has said this over and over and over ?
Some basic math, Harry Dents news letter is $20 a month. All Harry has to do is scare 2,000 people in the whole world to buy his news letter and he makes almost HALF A MILLION DOLLARS a year. It doesn't matter to him that he is always wrong on investments.
his name is a euphemism.
I hope but is impossibile
🥱🥱🥱🥱🥱Always the same Crash Prophet Morons! Makes me feel sleepy. I usually, if at all, consume a minute or two of these videos right before bed time. And I sleep like a baby😊 Who is next? Gamm🥱n?
He’s been calling a crash since 2016.
Harry Dent is a moron. Why have him on?
I never see this guy something realized
Harry is a LOOSER
Harry, you’ve been incorrectly predicting that Australian property prices will crash for years.
“You said they’d be down by … 55% in 2009, 65% in 2011, 55% in 2014, 50% in 2016, 40% in 2018, and 40% in 2020. You have been ball-tearingly wrong for so long, why should we believe you today?”
And because he’s a savvy sausage, Harry would no doubt have a well-rehearsed rebuttal that would sow enough doubt in the minds of viewers eating their cornflakes to let him wriggle out of that question. So then I’d then follow it up with my final question:
“Harry, if you have all the answers, why don’t you set up an investment fund and make billions profiting from your predictions?”
Because, once upon a time he did. Except it was a dud, reportedly losing 80% of its assets before it was merged and closed down.
I'm buying put options every week since 2 years ago because of this motherfu* 😢
I was wondering when he would come out again.
He’s an entertainer.
That’s what he is.
Nikki Haley?!?!?
Goodbye to what’s left of America!
United States of Disaster!
I think he means hopefully 8.6% dip
Even a broken clock is right twice a day lol And Nikki Haley? You mean the Nikki Haley who's bought and paid for by folks like Palantir and Lockheed Martin? GTFO
Clown
Nikki Haley can’t even fix India but here she is in the US trying to fix 😂
I don't listen to Harry Dent. He said over and over again that gold was going to $700 per ounce.
Harry thinks he's anti-Establishment then he endorses neocon warmonger Nikki Haley, what a dummy.
Who keeps listening to this clown? 2 years ago he said he would leave the industry if he was wrong which he was but yet here he is? What an absolute joke… go back to his messages 3 years ago…he cried wolf then and is still doing it.
You might get it right someday it's inevitable that what he's saying is true , but his timeline is like a weather man who never gets it right . How old Harry gets on these shows is beyond me. He will someday get it right , but don't hold your breath for to long
The U.S. system is not a free market capitalist system.
It's called buying welfare votes
Harry Dent is not counting on the latest stimulant to the economy……massive illegal immigrants who will be voting and totally false figures from the fascist US government. Maybe the scenario will happen by 2030…..but not now.
Harry has been crying wolf forever. One year he will be right and blow his trumpet.
Why does anybody follow this charlatan? He is wrong many, many times
Not a fan of Harry Dent. 👎🏻
T HIS GUY HAS LOST HIS CREDABILTY. HIS BOGUS PREDICTIONS
She has been interviewing this clown. For years. Don't know who is dumber 😅
This guy is just trying to sell books. His ETF closed due to considerable underpermance and has been making bad predictions for decades. Will not waste my time watching this..
fos
Nicky Haily the war monger?