When many people take to Twitter, they discuss a variety of topics. However, while most conversations go unnoticed by the majority of people, some quickly get noticed by thousands of people. Such was the case with the 50 message, 21-hour tweet storm recently conducted by noted businessman Shervin Pishevar. During his tweet storm, a number of bold and fascinating predictions were made, leaving many to wonder if they would indeed come true.
When he first began his tweet storm, Shervin Pishevar spoke of the stock market, and how he sees bad times ahead for investors. Pointing to an increased level of volatility in the bond market, he predicts investors will see a drop of 6,000 points in the months ahead. If this occurs, he suggests investors take their money out of stocks and instead store it in precious metals such as gold, which will maintain its value until times get better.
After getting investors rattled with his stock market comments, Shervin Pishevar set his sights on how he believes Silicon Valley has lost its competitive edge. Citing a variety of advances made by foreign competition from China and Africa, he predicts it may be a very long time before companies in Silicon Valley are once again considered the best in the world. To do so, Shervin Pishevar predicts companies in Silicon Valley will need to reinvest in many areas, such as employee training, innovation, and new methods of research and development.
Last but certainly not least, Shervin Pishevar made many predictions about the popular virtual currency Bitcoin. Believing it too will suffer a loss similar to the stock market, he does however see better times ahead for investors in this area. While he believes the currency will drop in value by up to $5,000 in the coming months, he also sees it rebounding much faster than traditional stocks. In fact, for investors who are not scared away by the price drop, Shervin Pishevar envisions a time when they will recoup their investments, with plenty to spare. But like many of his predictions, only time will tell if they come true.