-- Published: Sunday, 16 June 2019 | Print  | Disqus 

• Part II with Peter Schiff, head of SchiffGold, Euro Pacific Capital includes key insights on the financial markets.
• The Echo Great Recession could be more intense than the 2008 meltdown.
• Corporate bonds defaults could trigger an unstoppable financial crisis. Unlike a the last financial debacle.
• This time the fallout could be systemic leaving unwary investors with few places to hide especially institutions.
• Peter Schiff is concerned about the debt / leverage in the residential housing market as seen in the echo housing bubble.
• Given the national Case/Shiller S&P Housing index; caveat emptor notes Peter Schiff.
• His chief concern remains the systemic risk in the US dollar and related paper assets.
• The ideal panacea remains gold / silver and related shares as well as non-US investments as safe havens.
• The host remains bullish on the long-term aspects of the cryptocurrency market.
• Peter Schiff encourages investors to book profits in the sector and redirect funds to the PMs.
• Just as Venezuela issued a crypto backed by the national oil supply, Peter Schiff agrees with Chris Waltzek, the cryptocurrency has tangible as well as digital value to the betterment of global society, such as a rare painting.

• Harry S. Dent Jr. outlines his financial market analysis and forecasts including US equities.
• The NASDAQ could soar to 10,000 and the Dow Jones Industrials to 33,000 assuming a US / China trade deal.
• The Federal Reserve Chairman Jerome Powell stunned investors last week with new forward guidance on rates.
• The FFF reflect a possible rate cut as soon as next month, almost 5 months earlier than anticipated.
• The EU's central bank chief economic Minster, Mario Draghi noting that he would do "Whatever it takes..." to protect the EU financial markets.
• Economists interpreted the comments to mean policymakers will print any amount of Euros necessary to maintain the status quo.
• Harry Dent expresses concern that the traditional US stock market bubble cycle could repeat.
• The resulting bear market sending key share indexes lower by 70-89%.
• New Homes Starts have slowed but not yet declined, suggestive of sustained momentum for the time being.
• Despite the rhetoric of an echo housing bubble, the lower rate cycle could revive demand sending prices skyward.
• $17 trillion in toxic debt remains on the balance sheets of central banks and major money center banking institutions.
• Our guest expects economic collapse and runaway inflation, making gold and related PMs investments absolutely essential.
• The duo both support the idea of holding a modicum core position in a broad basket of cryptocurrencies as a shield.
• Key takeaway: Harry S. Dent Jr. is bracing for what his models suggest could be an abrupt and unanticipated US financial market correction where unwary investors lose 42% in value with little time to react.

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Guest Bios

Harry S. Dent Jr.

The Demographic Cliff

Harry S. Dent, Jr. is the Founder of Dent Research, an economic forecasting firm specializing in demographic trends. His mission is “Helping People Understand Change”. Using exciting new research developed from years of hands-on business experience, Mr. Dent offers unprecedented and refreshingly understandable tools for seeing the key economic trends that will affect your life, your business, and your investments over the rest of your lifetime.

Mr. Dent is also a best-selling author. In his book The Great Boom Ahead, published in 1992, Mr. Dent stood virtually alone in accurately forecasting the unanticipated boom of the 1990s and the continued expansion into 2007. In his new book, The Demographic Cliff, he continues to educate audiences about his predictions for the next great depression, especially between 2014 and 2019 that he has been forecasting now for 20 years. Mr. Dent is the editor of the Survive and Prosper newsletter and has created the HS Dent Financial Advisors Network.

Mr. Dent received his MBA from Harvard Business School, where he was a Baker Scholar and was elected to the Century Club for leadership excellence. At Bain and Company he was a strategy consultant for Fortune 100 companies. He has also been the CEO of several entrepreneurial growth companies and a new venture investor. Since 1988 he has been speaking to executives and investors around the world. He has appeared on “Good Morning America”, PBS, CNBC, CNN, FOX, Bloomberg, and has been featured in USA Today, Barron’s, Investor’s Business Daily, Entrepreneur, Fortune, Success, US News and World Report, Business Week, The Wall Street Journal, American Demographics, Gentlemen’s Quarterly and Omni.

Harry S. Dent, Jr. is the Founder of Dent Research, an economic forecasting firm specializing in demographic trends. His mission is “Helping People Understand Change”. Using exciting new research developed from years of hands-on business experience, Mr. Dent offers unprecedented and refreshingly understandable tools for seeing the key economic trends that will affect your life, your business, and your investments over the rest of your lifetime.

Mr. Dent is also a best-selling author. In his book The Great Boom Ahead, published in 1992, Mr. Dent stood virtually alone in accurately forecasting the unanticipated boom of the 1990s and the continued expansion into 2007. In his new book, The Demographic Cliff, he continues to educate audiences about his predictions for the next great depression, especially between 2014 and 2019 that he has been forecasting now for 20 years. Mr. Dent is the editor of the Survive and Prosper newsletter and has created the HS Dent Financial Advisors Network.

Mr. Dent received his MBA from Harvard Business School, where he was a Baker Scholar and was elected to the Century Club for leadership excellence. At Bain and Company he was a strategy consultant for Fortune 100 companies. He has also been the CEO of several entrepreneurial growth companies and a new venture investor. Since 1988 he has been speaking to executives and investors around the world. He has appeared on “Good Morning America”, PBS, CNBC, CNN, FOX, Bloomberg, and has been featured in USA Today, Barron’s, Investor’s Business Daily, Entrepreneur, Fortune, Success, US News and World Report, Business Week, The Wall Street Journal, American Demographics, Gentlemen’s Quarterly and Omni.

To visit the website, please click here.

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Peter Schiff

Schiff Gold

Peter Schiff President & Chief Global Strategist
Peter is one of the few investment advisors to have correctly called the current bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts of the mortgage meltdown, credit crunch, and decoupling of commodities, precious metals, and foreign markets from the U.S. Dollar, he has become a sought-after economic commentator on a range of investment topics. Peter delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, L.A. Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting a weekly radio show. As an author, he has written four best-selling books, including his latest: " Crash Proof 2.0: How to Profit from the Economic Collapse" and "How an Economy Grows and Why It Crashes."

Schiff Gold: click here.

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 -- Published: Sunday, 16 June 2019 | E-Mail  | Print  | Source: GoldSeek.com

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