Top economist Harry Dent is warning Americans that a financial “crash of a lifetime” is looming in the United States.
In an interview with Fox News Dent warned that the entire financial sector is in a bubble that has yet to burst.
Dent warned, “In 1925 to ‘29, it was a natural bubble. There was no stimulus behind that, artificial stimulus per se. So this is new. This has never happened.”
“Flooding the economy with extra money forever might actually enhance the overall economy long-term. But we’ll only see when we see this bubble burst,” added Dent.
Economist Harry Dent predicts stock market crash worse than 2008 crisis: The ‘bubble of all bubbles’https://t.co/3fuGyo4Mwm
— FOX Business (@FoxBusiness) June 10, 2024
Economist Harry Dent stands by his “crash of a lifetime” forecast, predicting a market downturn surpassing the 2008 recession. He labels the current situation the “Everything” bubble, poised to burst with severe impacts. #MarketBubble
Dent criticizes the prolonged economic… pic.twitter.com/IH6inWmRC4
— Bullteeth (@Bullteeth) June 10, 2024
Here’s what New York Post:
Harry Dent, the outspoken financial author and economist, isn’t reversing course from his bold “crash of a lifetime” declaration this past December.
Speaking in an updated interview with Fox News Digital, Dent cautioned that the “everything” bubble has still yet to burst, and it may be a bigger crash than the Great Recession.
“In 1925 to ‘29, it was a natural bubble. There was no stimulus behind that, artificial stimulus per se. So this is new. This has never happened,” Dent said on Tuesday. “What do you do if you want to cure a hangover? You drink more. And that’s what they’ve been doing.”
“Flooding the economy with extra money forever might actually enhance the overall economy long-term. But we’ll only see when we see this bubble burst,” he added. “And again, this bubble has been going 14 years. Instead of most bubbles [going] five to six, it’s been stretched higher, longer. So you’d have to expect a bigger crash than we got in 2008 to ’09.”
I've been saying the Left wants Trump to win because the Biden recession is coming. They want to hang it on Trump and use that to win the 2026 midterms.https://t.co/2OdUoHKvGT
— Bill Mitchell (@mitchellvii) June 10, 2024
Check out what Fox Business reported:
Harry Dent, the outspoken financial author and economist, isn’t reversing course from his bold “crash of a lifetime” declaration this past December.
Speaking in an updated interview with Fox News Digital, Dent cautioned that the “everything” bubble has still yet to burst, and it may be a bigger crash than the Great Recession.
“In 1925 to ‘29, it was a natural bubble. There was no stimulus behind that, artificial stimulus per se. So this is new. This has never happened,” Dent said on Tuesday. “What do you do if you want to cure a hangover? You drink more. And that’s what they’ve been doing.”
Maybe this is why all the big insiders have been selling hand over fist recently?
Did you know this?
INSIDER'S SELLING: Have You Seen All Of These?
My spidey sense is tingling that the economy is NOT in a good spot right now....
And before you say "DUH NOAH!" let me rephrase that -- of course we know the economy has been destroyed in these last four years by the Biden Regime, that's not really a secret.
But the stock market continues to hold up and create new market highs almost every day.
Why is Wall Street so disconnected from Main Street?
And will it keep going this way?
No one knows for sure, but I have a couple things to show you.
The first is this video from "MeetKevin", one of my favorite people on YouTube.
Kevin is almost always optimistic for the future, very far from a "Stock Market Bear".
So the fact that he just released this video titled "Urgent Black Monday WARNING" tonight caught my attention in a big way:
Backup here:
MUST WATCH!!
MIRROR: https://t.co/mmXnulleTr pic.twitter.com/JQ4CTmAxPp
— DailyNoah.com (@DailyNoahNews) May 30, 2024
But beyond that, I like to watch what the big boys DO, not what they SAY.
Because what they SAY and what they tell us to do is almost always the exact opposite of what they're doing.
That's how they get rich.
They send the herd off in one direction to get a bloodbath and they make a killing in the other direction.
A tale as old as time.
And that's what I wanted to show you right now.
I've published this before back when they were "happening in the future" but now most of these have just wrapped up.
Simply put: most of the big boys on Wall Street are selling their shares.
Ditching them and running as fast as they can.
So I can't give personalized financial advice, I'm just a reporter, but I ask you once again -- what do you think is smarter: buying the stock market at all time highs and hoping it goes up more from here, or doing what the big boys are doing and cashing out and GETTING out?
I won't answer that, I'll just show you this....
Jeff Bezos is out:
Insider’s Selling (Part 1): Jeff Bezos Sells $8.5 BILLION of Amazon Stock
The Walton Family is out:
Insider’s Selling (Part 2): Walton Family Cashes Out of Wal-Mart!
Jamie Dimon is out:
Insider’s Selling (Part 3): Jamie Dimon Sells MILLIONS Of Stock — First Time Ever In Over 18 Years
And good old Mark Zuckerberg is out:
So what can you do?
I can already read the comments: Noah, I don't have stocks in the first place! What should I do?
Well, once again I don't provide personalized financial advice, but it seems to me that one of the smartest things you could do in the face of potentially very bad times ahead is to position yourself in "God's Money" -- precious metals.
I am NOT a financial advisor, but if you feel like you want to follow these guys and get OUT of stocks and into something safe like Gold, here are the only two Gold companies I trust to work with.
They will take VERY good care of you if you need assistance:
The ONLY Two Gold Companies I Am Proud To Partner With
We mostly cover politics here, but politics affects the economy and the economy affects...YOU and ME! And our pocketbooks.
Big league.
So in the midst of covering politics, we also cover money from time to time...and while I'm not a financial advisor, I share what I'm learning in the hopes that it can help you and keep you and your family safe.
And that often leads me to covering Gold and Silver.
You know, what they have always called "God's Money".
He made it, they aren't making any more of it, and it has always been highly valued as money from the beginning of time until now.
So I'm a big fan and I think it has the potential to do big things if, say, the U.S. Dollar were to suddenly collapse.
So that's why I talk about it and why I want to make sure everyone protects themselves and your families.
So to answer the question of "what can I do?" it's really quite simple: you need to get some #Gold or #Silver in your own possession.
It's called "physical" gold and silver.
Not paper traded garbage on the stock exchanges that isn't backed by anything.
Don't touch that stuff.
And because I get asked so much how to buy it and what the best places are, I thought I would publish this and just get it out there for all to have....
I have two special hook-ups for you and these are the ONLY two companies I am proud to partner up with on Gold and Silver.
Both involve PHYSICAL gold and silver.
Because if you do NOTHING else, make sure you own "physical" gold and silver, not paper contracts.
The paper contracts (like stock ticker SLV and GLD) could very well go POOF one day and disappear or go to zero, because they're not actually backed by the gold and silver they claim to represent.
It's a massive game of musical chairs out there and when the music stops (and I think it will stop soon...) people who only own paper might find themselves owning something not worth the paper it's literally written on.
And I know you'll never forget it if I give you this GIF so....Let's Get Physical:
Now...WHERE do you get physical gold and silver and how do you know it's real and safe?
And that you're getting the best price?
Oh, and how about personal one-on-one real customer service?
You know, like you were some Big Wig millionaire at Goldman Sachs who could just call their personal banker and get help?
That's what I'm about to tell you.
I have two killer connections for you...
The first is for purchasing gold and silver bullion.
That means bulk bars.
That's the cheapest and most economical way to do it, to stretch your dollar into as much gold and silver as possible.
The website is called WLT Precious Metals and when you see my logo in the top left-hand corner, you'll know you're in the right place.
You'll get a personal phone call with Ira Bershatsky (or someone on his team) and they will work with you free of charge for as long as needed to answer any questions you have and get you taken care of.
How about that!
You don't see that much anymore, but Ira and his team pride themselves on good old-fashioned real customers service:
No sales pitch, just real, actual help.
And the best prices you will find.
Here's the only disclaimer I will give you: because they do pride themselves on dedicated service, it might take a few days before you get a phone call back. Just be patient.
Good things come to those who wait!
You can contact Ira and WLT Precious Metals here.
Ok, that was #1.
Now I want to tell you about option #2.
An equally great company, I am so happy to be working with these guys.
This next company is called Genesis Gold and this is for people who want to purchase real physical gold or silver in their IRAs (Investment Retirement Accounts).
You know what the beauty of that is?
Two huge benefits actually...
First is TAX FREE baby!
I'm not a tax advisor, but that's a general oversimplification.
Never pay more taxes than you are legally required to pay.
And that's why I love getting gold and silver in my IRA (and why I hold a large chunk in an IRA myself!).
Second is if you simply shift money out of stocks (like Peter Schiff recommends) and into Gold, it won't cost you anything! No money out of pocket!
BOOM!
There's so much to love about Genesis Gold, starting with the fact they are proudly and un-ashamedly Christina!
They call it "Faith-Driven Stewardship" and they put it right on the homepage of their website along with a quote from Ezekiel:
Here's more on why gold and silver in your IRA are so powerful:
You can contact Genesis Gold here.
They are also very backed up with record demand, so you may have to wait a bit, but someone WILL get in touch with you for personal customer service and assistance!
Tell 'em Noah sent ya!
Oh, and did you know Genesis is recommended by SUPERMAN himself?
It's true.
Superman himself, Clark Kent -- Dean Cain -- came on my show a few weeks ago and we broke it all down:
Watch here:
Stay safe!
Make sure you can weather the storm when it hits!
Because the storm always hits eventually, doesn't it?
As for me and my house, we will be ready. 💪
This is a Guest Post from our friends over at WLTReport.
View the original article here.
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