Everyone has been saying this for a long time now. But thanks for posting.

Synopsis:


  1. United States is technically bankrupt.
  2. National debt will exceed 150% of GDP by 2020.
  3. US dollar devaluation will soon begin to accelerate
  4. The stock market is imminently entering a severe bear market to last 7 years and retest the 2009 lows (-52% from here). He recommends an inverse DOW index fund (short stocks).
  5. Gold will continue to rise to at least $3000 over the next 5 years.
  6. Now is the time to buy the gold mining stocks using an index fund that weights the majord and the minors.
  7. The EURO is a dead currency walking. Short the EURO now.
  8. We are heading to hyperinflation and rising interest rates within the next few years.