Sunday, September 11, 2011

U.S. Expert Predicts World Economy Downturn; Gold is A Bubble and Urges To Invest In Dollar.

read it here

Dent said the drop-off in spending will affect everyone, even mighty China.

To survive the incoming "economic tsunami," Dent said investors should sell their excess real estate and buy up assets in U.S. dollars.

"Gold and silver are going to crash, they're a bubble," he said.

"Once we write down all these crazy debts, we are going to destroy a lot of
dollars that were created in the boom and that makes the (U.S.) dollar a lot more valuable."

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