Shervin Pishevar has become famous for his ability to predict market trends and furnish the consumer economy with the high-tech products and services that it wants. As the founder and CEO of Investment company, Shervin Pishevar has been instrumental in the formation of a wide range of companies, including Uber, Airbnb and Virgin Hyperloop. He has also personally founded a number of tech firms, which have included Social Gaming Network, Ionside and WebOS.
But it is in his social media presence where Shervin Pishevar may be making the biggest impact. He is one of the most insightful and accurate voices in the realms of economics, finance and technology. If one wanted to know how the world actually worked, tuning into Shervin Pishevar and his social media accounts would be one of the first places that they might want to start.
Gold is due for an uptick
Shervin Pishevar has stated many times in the past that there is a general asset bubble that currently exists across nearly every class of investments available to American investors. The only exception to this may be gold and other precious metals, which Pishevar says have a millennia-long track record of holding their value throughout bubbles, crashes and economic panics.
The central problem behind this bank run, says Pishevar, is the irresponsible intervention that the nation’s central bankers have embarked upon since the financial crisis of 2008. Pishevar says that this is yet another reason why gold may prove to be one of the best safe havens for investors seeking shelter from unmanageable levels of risk. Gold has historically been the asset that money is tied to. So, it makes sense that it would provide an antidote to the fiat-money manipulations of the country’s central bankers.
Pishevar warns that all investors should heed his advice, or at least think about the warnings he is providing. He says that when most major real estate markets have become unaffordable for the median wage earner to even rent a 500-square-foot apartment, something is seriously amiss in asset prices. Pishevar believes that a market correction isn’t just due; it’s necessary.