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Monday, September 22, 2014
A "DENT" IN GOLD PERDICTIONS
The founder of Dent research and Harvard grad Harry Dent is a fascinating and amazing individual, many traders have relied on his predictions to aid and sway their own strategies. However, can his predictions of gold being at $700 in 2015 and in 2020 to $250 be real? Maybe, it could all be propaganda to sell his "The Demographic Cliff," book and idealism. He predicts a crash in our economy like no other, and that I can believe more than gold being that low even after the crash in 2008 trying to buy physical gold was close to impossible. If and when the market does collapse again people do turn to physical metal as a great investment as well as by then the anti luxury ban in China and India will be over, and just because gold follows the trend of crude oil, it doesn’t have to.
“If a man will begin with certainties, he shall end in doubts; but if he will be content to begin with doubts, he shall end in certainties”-Francis Bacon
Holding short at 1309.88 current price 1216.00 a gain of 7.2%
Fxmade2trade