Investors are fleeing to gold in a desperate attempt to weather the recent market volatility… but is this long time “safe-haven” actually poised to collapse wiping out trillions of dollars of wealth in the process?
One highly respected Harvard economist is stating an emphatic “yes!”.
“While many economists will argue that gold is not in a bubble… and insist it will soar to $2,000, $5,000 and even $10,000, my research has said otherwise” says Harvard economist Harry Dent in his latest report. “I’ve never been more certain of anything in over 30 years of economic forecasting.” Read Full Article
As Trump’s presidency speeds up, gold will be the last place to put your money. Gold is only valuable in an unstable world. Since Trump has been in office, we have stronger ties with key countries including China and Russia, and our stock market is set to soar to record heights due to the confidence in our new president. There’s no doubt that Trump is going to stoke the stock market and gold will be quickly left in the dust. If I were an analyst I would rate gold as a strong sell.
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