RBS was right. Most of the hit will be during the next year
1/28/16 – In an InfoWars interview today with Alex Jones, Dent stated not for the first time that 2016 would be the worst year for stocks since the ’30s, and that the majority of the weakening punch would happen over the next year.
He said, “RBS is right,” when they said to sell everything, in their recent announcement that was reported on Money.CNN in their article, Sell everything! 2016 will be a ‘cataclysmic year’ warns RBS. He and followed up with, “Get out of all stocks.”
“Long term, gold is going to do well,” as it always has throughout history.
And, also in sync with RBS, Mr. Dent advised to get into the safest, high-quality bonds you can find, “that’s the only thing that did well in the 30’s.”