Watch part 2 of this interview on gold:​

The cyclical bull market for equities is over; after December, stocks will begin a secular multi-year decline, starting with a 40% correction by April, said Harry Dent, founder of HS Dent. 

"If we see another new low in the stock market, I predict we are not going to see new highs on the Dow, S&P, NASDAQ, biotech, you pick're not going to see new highs on anything for decades," Dent said. “You didn’t see new highs after 1929 for 24 years.”

0:00​ - Consumer spending 
6:28​ - End of economic recovery
9:15​ - Stock market crash 
13:05​ - Triggers for the crash
17:29​ - Buy stocks at low?
18:10​ - What happened to Japan in the 1990s?
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