2024-06-30 Retirement Lifestyle Advocates Radio w/ Dr. Robert McHugh
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This week’s guest on RLA radio is technical analyst Dr. Robert McHugh. Your host, Dennis Tubbergen, discussed his predictions for the economy, based on his analysis of market patterns. McHugh believes that the economy is headed for a period of stagflation, with inflation on products, services, and housing, and a potential depreciation in the value of investments like the stock market and bonds. He also predicts a significant drop in the stock market, potentially by 50-60%, and a rally in US government bonds. McHugh is bullish on gold and silver, predicting a powerful bullish market for these metals. He also discussed the trend of institutional buying of home residences, which he believes is keeping real estate prices high. Robert McHugh, Ph.D. is President and Chief Executive Officer of Main Line Investors, Inc., and the proprietor of the Technical Indicator Index. He has testified before the U.S. Congress on Federal Reserve matters and is the author of “The Coming Economic Ice Age, Five Critical Steps to Survive and Prosper”. For information about Dr. Robert McHugh, please visit his website at www.technicalindicatorindex.com, or visit http://bit.ly/TheComingEconomicIceAge to get a copy of his best-selling book “The Coming Economic Ice Age”. For more information about Retirement Lifestyle Advocates, please visit www.RetirementLifestyleAdvocates.com.
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