By: Bullfin on Sabato 15 Agosto 2015 00:51
Chissa' tra Warren e H Dent chi avra' ragione....5000 all'oncia o 250....mah?
This investment’s meteoric rise and coming crash will be no different.
While this asset may never lose its entire value, I am certain the most loved asset in the world is about to become the most dangerous investment on the planet.
And even now, as it nears a major crash… the alarmists and hyper-inflationists are still telling you it’s a steady asset… that it’s been a store of value for centuries… and that it performs well during inflationary times and during times of danger.
But it won’t be their go-to safe-haven of choice much longer.
This toxic asset is simply gold.
It’s one of the world’s most popular investments and now it’s about to turn into one of the world’s most dangerous!
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.
As I wrote in my most recent book The Demographic Cliff… gold will be the last bubble to burst!
Get Ready for $250 Gold
You don’t have to be an economist to see that gold’s 670% run-up since 2000 is a classic bubble pattern that’s virtually identical to the ones above… and its previous bubble that peaked in 1980.
And here’s the thing about economic bubbles that you must understand, bubbles almost always retreat to the levels at which they started, or even lower.
Gold started to fall back to reality starting in early 2013 for two primary reasons - the drop in demand from emerging markets like India, and the failure of the Fed’s escalating monetary stimulus to cause inflation, which caused leveraged hedge funds and traders to dump their positions which escalated when margin calls kicked in.
From where it is now, gold is likely to stage a final rally to around $1,300 to $1,380 or so in 2015, before collapsing dramatically again.
Historically, gold tends to rally in anticipation of a financial crisis, then collapses when debt deleveraging and deflation sets in. This is exactly what it did in 2008.
I would advise selling any remaining holdings of gold and silver on such a rally.
By early 2017 or so, the next stop for gold will be around $700.
Ultimately, gold will likely bottom around $250 and $400 between 2020 and 2023. $250 is an 80% drop from the $1,200 level in late 2014. And silver is even more volatile. It is likely to fall closer to $5 from its peak near $50 in April 2011 where I gave a strong long-term sell signal.
In a nutshell, if you bought any physical gold, silver or other precious metals, including coins, bullion, even scrap over the last decade, take your profits now or on any rallies ahead.
It’s not worth holding onto with the 70% to 80% drop that’s on the horizon.
Before I show you how to shield yourself from the yellow metal’s historic plunge… and how to rake in remarkable profits from investments that will soar when everything else sinks… it’s important you understand why gold’s demise is inevitable
FULTRA 10 MARZO 2020: Qui sotto la fotocopia dal vero "cialtrone medio italico" : Antitrader. Fatene una copia del pensiero per i posteri e quando tra 50 anni vorranno capire perchè l' talia sia finita miseramente
