The World’s Billionaires are Hoarding Their Cash Right Now.
The Reason Will Shock You.
The world’s 2,743 billionaires are hoarding epic amounts of cash — 22.2% of their total net worth, totaling a combined $1.7 trillion. It’s the largest cash position ever recorded by the “Wealth-X Billionaire Census.”
So what do the world’s wealthiest know that everyday investors don’t?
If renowned Harvard economist and bestselling author Harry Dent’s latest (and most controversial) forecast is correct, it’s that:
“The single greatest wealth-building opportunity of our lifetime is upon us!”
After an exhaustive study of more than 200 economic booms and busts, and according to his brand new book, The Sale of a Lifetime: How the Great Bubble Burst of 2017 Can Make You Rich, Dent says there is a shockingly simple secret behind history’s largest (and fastest-built) fortunes.
“Smart investors know that markets crash on a regular basis. They wait for bubbles to burst, and then snap up high-quality assets at dirt-cheap prices,” he states.
“It’s why the Great Depression minted more new millionaires and billionaires than any other time in history. Rockefeller, Carnegie, Kennedy, even all the way back to Ben Franklin; they all did it!”
And Dent’s newest book states the reason why we’re seeing so many of the world’s savviest and most successful investors biding their time and holding onto their money right now is that:
“We’re Sitting on Top of the Biggest Bubble Ever…
And it’s About to Wipe out Trillions of Dollars of Wealth!”
“There’s not a single person or economist (that I’m aware of, at least) that denies 1995-2000 was a bubble. It was the most extreme in U.S. history,” says Dent.
“And when you compare that period to what’s happened between 2009 to today, the only significant difference is that the newer bubble has lasted a year longer due to artificial stimulus!”
“When this bubble finally bursts… no one will be safe. Everyone — from the ultra-rich to everyday investors — will get wiped out”
But inside his new book, The Sale of a Lifetime: How the Great Bubble Burst of 2017 Can Make You Rich, Dent writes that if you know this massive reset is coming — and you’re sitting on plenty of cash, like the world’s billionaires are — it means an opportunity to “build a fortune that could last you and your family for generations to come.”
Dent’s forecast most certainly goes against popular opinion, but this isn’t the first time he’s made a call like this… and been right.
He’s been on the record with accurate predictions like the demise of Japan in the early 90’s… the top of the tech bubble in 2000… the real estate crisis in 2008… the 2011 peak of gold and silver prices… and oil’s shocking price crash in 2015… despite being met with vocal opposition from the mainstream media.
“This upcoming economic crisis is going to be painful for a lot of people… but if you prepare now, it could be the single greatest wealth-building opportunity you will ever live to see!” says Dent.
To claim your copy of Harry Dent’s latest book, The Sale of a Lifetime: How the Great Bubble Burst of 2017 Can Make You Rich,and learn six major post-crash profit opportunities that he’s pinpointing… just click here.
>> Editor’s Note: Post-Crash Profit Opportunities That Will Make Everyday Investors Rich.