However, economic prophets are no different from other kind of prophets. They sincerely believe in their messages. Mr. Dent is wise to have changed his focus from gold to economic meltdowns. He now preaches that A Greater Depression is coming, and like any sincere prophet he can see the signs of the next economic collapse. However, his insight is limited to only those who provide their email address.
Predicting future depressions is not difficult. They seem to come in eight years cycles, and the last one of any importance was the 2008 near meltdown. However, in order to foresee A Greater Depression, Mr. Dent has to take into consideration many, many unknown factors. For example factors such as USA's enormous debt, economic stagnation and business oriented Mr. Trump.
Something funny in the air?
Anyway, if you feel the fear in the Western World, you should not waste time on the prophecies of Mr. Dent. He was not able to predict the price of gold, so why should he be able to predict the next Greater Depression? You find his prediction adverts on Kitco.com