Steve Sjuggerud's latest prediction has caught many Wall Street analysts off guard.05.15.17 By Patrick Bove, Stansberry ResearchI recently met up with former hedge fund manager, Dr. Steve Sjuggerud – one of the most widely-followed financial analysts in the world.Today, he shuns the spotlight and lives on a remote island off the Florida coast. And he’s built a new life… and a substantial fortune… by sharing a series of eerie predictions. Many of which have proven correct.
- In January of 2000, he wrote: “We are at the peak of most likely the greatest financial mania that will ever be seen in our lifetimes.” Next thing you know, the NASDAQ fell more than 75%.
- On November 1, 2002, he said, “I expect a real estate bubble to take hold. We don’t know how far it will go. But it has likely just begun.” You probably remember what happened next – home prices soared.
- Then on Friday, March 20, 2009 – at the peak of the financial panic, he wrote: “You want to own stocks right now.” Stocks have nearly tripled since.
But his latest prediction has caught many Wall Street analysts completely off-guard.Dr. Sjuggerud says, “We are on the verge of a massive stock market panic. Just not the kind most people expect.”He told me, over the next year or two, there’s a realistic chance investors could double – perhaps even quadruple – the size of their retirement accounts.But there’s some risk as well: He warns, if you miss this bull run – and history proves correct, you will never see anything like it again.Dr. Sjuggerud is an intensely private man. But he was recently prodded by a friend – one of the most successful investment analysts in the world – to share the details of his prediction with the general public.I should warn you: What he has to say is controversial… and not at all what you’ll hear from the mainstream press. But for the time being, you can view his presentation – free of charge,right here.