Shervin Pishevar: The 50 Message Storm
When many people take to Twitter, they post only one or two messages, then move on to the next subject. However, in the case of Shervin Pishevar, his message required a bit more than one or two messages. In fact, during a recent 21-hour tweet storm, he sent out an amazing 50 messages that covered a variety of issues regarding the United States and world economies. And judging by the reaction to his tweet storm, it’s clear there are many people very interested in what Shervin Pishevar has to say.
For starters, Shervin Pishevar warns those individuals who are heavily invested in the U.S. stock market to get ready for a major drop, perhaps as much as 6,000 points over the next year. Basing his prediction on current activity within the bond market, he sees this area of the economy as very volatile, and thus unable to sustain its current pace. However, rather than simply sound an alarm and move on, he does offer a viable solution to investors. According to him, taking money out of stocks and instead reinvesting it in gold will more than offset any potential losses.
After finishing up his messages about the stock market, it was time for Shervin Pishevar to provide his thoughts on Silicon Valley. According to him, companies in this part of the United States should also prepare for sweeping changes in the high-tech sector. Believing these companies have now fallen behind foreign competitors, Shervin Pishevar feels an in-depth evaluation of these companies is the only way to help them regain their place at the top of their industry. As nations such as China have invested heavily in research and development, staff training, and technology, Silicon Valley must do the same. Otherwise, they should expect to be second-best for many years to come.
And when people thought he may have been finished with his storm, Shervin Pishevar instead took on virtual currency Bitcoin. While a believer in this new and innovative type of currency, he forecasts a drop of 5,000 points with Bitcoin, before seeing it rise yet again to become profitable.