Harry Dent -part 1- Real Estate- Oil for 2009

by Dave on October 15, 2009

Harry Dent on the upcoming Depression and why Oil is going to explode. This is part 1 of his intro. www.WealthSummitLive.com He will also talk about Obama and his finance advisors at the Wealth Summit live event in Orlando Florida. Harry speaks at numbers events including Tony Robbins Platinum Partnership. Here is what you will learn from Harry: * You will learn what the next great economy downturn will be, and how to prepare for it * You will learn which countries are going to go in …

Tagged as: "Recession, david bach, depression, Economy", gold, Harry Dent, obama, oil, options, tony robbins, wealth

{ 12 comments… read them below or add one }

Anonymous 10.15.09 at 4:00 pm: He did provide an explanation. Check out his web site or his latest book.
Anonymous 10.15.09 at 4:00 pm: US Oil Discovery-Largest Reserve Stansberry Report Online - 04/20/2006
Hidden 1000 feet beneath surface Rocky Mountains lies an untapped oil reserve more than 2 TRILLION barrels. On 08/2005, President Bush mandated its extraction. In three and a half years of high oil prices none has been extracted. With this load of oil why are we still fighting over off-shore drilling?
Stunning news: We have more oil inside our borders than all other reserves on earth. What’s investment banker doing?
Anonymous 10.15.09 at 4:00 pm: US Oil Discovery-Largest Reserve Stansberry Report Online - 04/20/2006
Hidden 1000 feet beneath surface Rocky Mountains lies an untapped oil reserve more than 2 TRILLION barrels. On 08/2005, President Bush mandated its extraction. In three and a half years of high oil prices none has been extracted. With this load of oil why are we still fighting over off-shore drilling?
Stunning news: We have more oil inside our borders than all other reserves on earth. What’s investment banker doing?
Anonymous 10.15.09 at 4:00 pm: For a similar cycle theory,Martin Armstrong was imprisoned.Strange!
Terrifying analysis,just wish I had the ability to play it.
Anonymous 10.15.09 at 4:00 pm: Dent had predicted that the Dow will hit 35,000 or even 40,000 but that never happened and he has never provided an explanation for his missed forecast. Consequently his forecast for the economy to go the other way must be taken with some caution.
Anonymous 10.15.09 at 4:00 pm: This vid was made when oil was about $55 on the way down.
Anonymous 10.15.09 at 4:00 pm: He had a chart possibility that showed oil only going to $80 this summer before falling back to $20 depending on if we’ve seen the real peak already.

Dent is great at the big picture trend but not to precise on the short term moves… Don’t get too greedy.
Anonymous 10.15.09 at 4:00 pm: This guy is great. I read his most recent book. Amazing. Been buying oil hand over fist since 38 a barrel. Probably will sell at 100 or 150
Anonymous 10.15.09 at 4:00 pm: this guy knows, he predicted the dow above 10,000 in ‘95. its all based on demographics, look into it , its a science.

depressions are cyclical and its only natural to have one, especially if their supported by demographics. Now, a new bubble could help it rebound. That bubble is the supressed back engineered et technology that collects dust in a shack at area 51 !
Anonymous 10.15.09 at 4:00 pm: I’m not getting something. I’m not sure when this prediction was made, but oil is somewhere below 40 dollars a barrel and he’s predicting it to be over 200. I wonder if he predicted this before it came down. I love trying to learn and get good info. but I’ve studied this guy some time back and he was way off on some things. I’ll give him the benefit of the doubt in that maybe he’s saying oil will come back and fly as high as it was, but he didn’t seem to support it with much of anything.
Anonymous 10.15.09 at 4:00 pm: the new US bankruptcy laws were a big factor in the housing bubble. if you sell a house and the buyer can’t pay for it, you wouldn’t care because the new bankruptcy laws won’t let you forego your debts; you still have to pay!!
Anonymous 10.15.09 at 4:00 pm: Noone is talking about the bank estimators who were responsible for property value to protect buyers and banks. Who were these people working for if now both have been bankrupt

Harry Dent -part 1- Real Estate- Oil for 2009

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