he accurately forecasted the gold boom cycles for the past few decades, & the housing sector, world wide web boom of the 90's, etc. You can't be a dummy, and earn a PhD from Harvard school of Economics. lol he must know something. & for him to predict LAST year that a MAJOR economic downturn is on the near horizon, & then just yesterday the Dow Jones had it's WORST DAY IN HISTORY, proves his point.