While he was able to predict a lot of what is happening now with the downturn ( though, many predicted it so its nothing special ), his advice is the pure definition of "Speculative Investing". He talks about the tech and housing bubbles, yet wants you to invest in gold when its at an all time high under his assumption that its just going to keep going up and up and up (Sounds like the other bubbles that burst).
I do agree that he recognizes the issues of our economy and does explain it well, although is quite repetitive about it and that was well worth the listen, just ignore the horrible advice he gives ( Like mortgaging your house to invest in foreign stocks, put all your money in gold etc...)
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