According
to
Harry
S.
Dent
Jr.,
investors
should
ignore
FOMC
rate
hikes
and
buy
gold
-
slower
job
growth
could
cap
US
equities
prices
in
2017.
The
imminent
Greek
default
slated
for
this
July
could
be
another
stumbling
block
for
the
financial
markets.
Implementing
the
new
tax
cuts
/
health
care
plan
proposed
by
the
Administration
could
be
challenging.
The
Echo
Housing
Bubble
is
tied
to
bubbles
in
US
equities
/
bonds,
all
of
which
threaten
to
topple
the
global
financial
system.
Harry
S.
Dent's
economic
model
indicates
a
long-term
economic
downturn
began
in
2008
and
continues
to
this
day.
The
current
economic
uptick
is
merely
a
fata
morgana.
Outside
the
USA,
the
EU
and
China
are
facing
their
own
bubble-troubles.
Our
guest
expects
gold
and
commodities
to
emerge
as
the
strongest
markets
along
with
India
during
the
impending
crises.
Jeffrey
Nichols
of
Rosland
Capital
returns
with
comments
on
the
recent
FOMC
rate
decision
and
the
potential
impact
on
the
PMs
sector.
The
rate
hike
appears
to
be
a
nonevent;
the
gold
market
ignored
the
FOMC
-
anticipated
the
rate
hike.
Traders
continue
to
focus
on
real
interest
rates
-
the
everyday,
nominal
rate
adjusted
for
price
inflation.
The
official
inflation
numbers
may
be
bogus
-
our
guest
questions
the
validity
of
the
figures
noting
that
the
CPI
vastly
understates
the
cost
of
living.
The
CPI
fails
to
reflect
the
shift
in
consumer
tastes
away
from
luxury
items
in
favor
of
cheaper
consumer
goods
/
smaller
package
sizes.
Investors
prefer
the
precious
metals
as
a
means
to
shield
their
investment
portfolios
from
insidious
inflation.
The
growing
problem
of
underemployment
continues
to
plague
the
nation.
Tens
of
millions
of
American's
have
accepted
employment
/
wages
well
below
their
skill
/
experience
level.
Jeffrey
Nichols
finds
a
bifurcated
American
economy,
where
a
few
thrive
economically,
while
the
majority
struggle
to
make
ends
meet.
The
gold-bull
market
never
ended;
bullion
and
shares
are
poised
for
astronomical
gains.
Please
listen
here
Dial-Up
Real
Audio
MP3
FAST
Download
Highest
Quality
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Right
click
above
&
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to
download.
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learn
more
about
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to
play
the
above
formats,
please
visit
the
FAQ.
Guest
Biographies
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,
Barrons,
Investors
Business
Daily,
Entrepreneur,
Fortune,
Success,
US
News
and
World
Report,
Business
Week,
The
Wall
Street
Journal,
American
Demographics,
Gentlemens
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,
Barrons,
Investors
Business
Daily,
Entrepreneur,
Fortune,
Success,
US
News
and
World
Report,
Business
Week,
The
Wall
Street
Journal,
American
Demographics,
Gentlemens
Quarterly
and
Omni.
Jeffrey
Nichols
is
recognized
as
one
of
the
world's
top
experts
in
the
economics
and
finance
of
precious
metals.
He
has
been
a
keynote
speaker
at
dozens
of
investment
and
industry
conferences,
corporate
meetings,
and
private
company
events
around
the
world.
As
managing
director
of
American
Precious
Metals
Advisors
(APMA),
he
provides
expert
analysis
of
the
economics
of
precious
metal
markets
and
offers
strategic
consulting
and
market
research
services
to
a
wide
range
of
corporate
clients.
He
has
worked
with
mining
companies
on
financing
and
investor
relations,
served
as
a
director
of
two
public
companies,
managed
a
mining-related
mutual
fund,
and
advised
industry
associations,
national
mints,
central
banks,
and
jewelry
manufacturers.