When a noted businessman such as Shervin Pishevar starts to make one prediction after another about the economy, many in the business world wonder if he perhaps has a crystal ball. While it may never be known if he does or not, it is no secret that Shervin Pishevar does however have many thoughts on the direction he sees many economic issues taking over the next year. Because of this, he recently conducted a 21-hour tweet storm on the subject, sending out more than 50 messages that had people everywhere mesmerized.
If you are an investor in the U.S. stock market, there is a good chance you are trying to decide if Shervin Pishevar knows something that perhaps many others do not. Predicting the market will plunge 6,000 points in the coming year, he does offer a solution to investors who may be wondering what to do next. Rather than sit back and take large losses due to what he views as a volatile bond market impacting stocks, he suggests investors turn to gold, which virtually all economic experts agree retains its value in good times and bad as well.
After his views and predictions regarding the stock market were posted on Twitter, Shervin Pishevar then decided to give the world his thoughts and predictions about Silicon Valley. Once viewed as the epitome of excellence in worldwide technology, Shervin Pishevar now believes Silicon Valley companies have let themselves fall behind foreign competition from China and Africa. By not continuing to invest in research projects that were innovative and cutting-edge, he believes Silicon Valley companies will now be viewed as second-tier within the tech industry for many years to come.
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However, all his predictions were not filled with ultimate failure. Regarding his thoughts on virtual currency Bitcoin, he actually believes that while the currency’s value will drop $5,000 or more in the coming year, investors will ultimately be rewarded with bigger profits. According to Shervin Pishevar, not only will Bitcoin rebound quickly from its drop in value, but exceed it by a wide margin, creating many wealthy investors along the way.