Henry S. Dent has a pretty good track record of foretelling what will happen. Nobody can predict when it will happen just what is going to happen and so far, the next crash is taking longer because of Fed stimulus.
He recommends get out of stocks, commodities and get into cash and U.S Treasuries. He is not a gold bug though. He thinks it is a commodity and will get pull down with all other commodities.
Here is an article and video on ZeroHedge that brings to light the lost of freedom in the U.S.A. Peaceful protest is met with force. America it is sad to say is becoming a police state.
-Started physical silver collection (coins, bars)
-Paper silver / gold market unsafe
-U.S dollar devaluation / Fed printing money
-Hyper inflation
-2012 Year of the Dragon 1/2 oz coin – Royal Canadian Mint
-Bearish on NASDAQ for 2012
Canada needs Canadian’s to spend to grow the economy and battle the global economic downturn, however the wages of working Canadian’s are not increasing in line with the cost of living.
Statistics Canada has outline that the major provinces are struggling with slow job growth which makes it harder for workers to demand higher wages and couple that with a rise in commodity prices around the world and you can see that energy (fuel) and food costs takes a bigger chunk out of Canadian’s pay cheques.
British Columbia’s exports to Asia was higher than sales to the U.S. for the first time back in August of 2011. The increase was an increase of 11 per cent and B.C.’s jobs minister Pat Bell said Friday.
Only three years ago, America was the British Columbia’s main customer for its forestry products, industrial goods and energy products.
B.C. manufacturers are now moving their sales focus towards Europe and Asia as the United States economy slows down.
Great video of economist John Mauldin talk about where America is going with all this debt being created in the name of economic recovery. John Mauldin has been a guest on Yahoo Finance, Reuters and other financial news network before discussing his views on the U.S and other economies.
After watching this video or his presentation you will see just how grave the economic situation is in the United States.
Watch this 15 min independent news reel about how America has used the main stream media to manipulate the American public into supporting one war after another.
ZeroHegde has an article about “Job Creators, Internet Architects and Security Experts Hate SOPA”, have a read if you value “Freedom of Speech” on the internet. If S.O.P.A goes through you will see thousands upon thousands of websites shutdown, if the U.S government thinks it is violating copyright or against propaganda.