Sean, what do you make of Harry Dent's recent predictions? Along with predicting a stock market crash, which makes sense, he is also saying gold will crash to as low as $400. If this is even close to being right, gold gives us no protection against falling stock prices.

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No. 1-11
Sean Hyman
Sean Hyman

Editor

I tend to agree. He's made some outlandish claims that I believe are more to sell books and subscriptions more so than anything. Much of what you'll find out there is hype that sells rather than simply paying for direct analysis that's not overly-hyped up.

jlchennault
jlchennault

Years ago I read Den't books and he even had a fund named after him that was to follow his outlook and it did LOUSY and the fund disappeared. Total bust, also, he disappears off the face of the earth when the s^%$#^*%t hits the fan and it is not what he predicted. I can't believe anyone takes him seriously.

Sean Hyman
Sean Hyman

Editor

Correct. You'll find almost all newsletter publishers are alarmists and generate subscriptions through fear or greed (two of the strongest emotions). That's why you'll find the Logical Investor to be so unique. It gives sound assessments without all of the hype.

kenatech
kenatech

I really don't take Harry very seriously. His views tend to be very alarmist. For once, his prediction of a market crash makes sense in view of the charts. But I found his gold prediction way off the wall. I didn't read everything he put out, but I suspect he is trying to sell something and is using that prediction on gold to get attention.

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