Gold's Big Week Harry Dent | August 09, 2019 | Well, the markets rolled over last Friday, and opened this week in a bloodbath. But gold continued to surge, creeping up past the $1,500 mark. We're at critical points with all our bonds, which are making new lows. Which has made gold's current position even more remarkable. I thought gold would begin to flatline around $1,428, but that didn't happen. Analysts now expect it to move up to $1,530. If gold can break through that sort of figure, expect it to continue to move higher. I don't believe we'll see new all-time highs, but it could break through its current standing. So what's that mean for the Dark Window? We've seen a mini-megaphone pattern, and slightly higher highs since January of 2018. That means the bubble might be peaking, which is the resistance we've been predicting for quite a while. I have more on gold and what its surge means for the markets in general in this week's video. VISIT ECONOMY & MARKETS » Trending Stories... I don't mind moving, but the process of selling and buying homes is no fun. Keeping the home clean, inspections, appraisals, work orders… it's all exhausting. But we're doing it. As I've written, my wife and I moved back to Texas a couple of years ago. We found a beautiful home on the water. It's... I am speaking at Brad Sumrok's national conference for Apartment Rentals in Dallas this Saturday, so I've been brushing up on my demographic research in that arena of real estate. There've been some interesting new insights. The Millennial Impact My consumer life cycle for real estate starts with apartments and multi-family homes for renters; that... I'm in the Colorado mountains this week. yet, I must note the significance of the reports this morning that Chinese companies have put a stop to purchases of U.S. agriculture products, moving the lengthy trade war into new territory. I'll turn the rest of today's column to my colleague Chris Scott, an expert on international... When I last met with Richard Mogey years ago, past director of The Foundation for the Study of Cycles, the topic of sunspot cycles came up. Mogey was the first person who totally got it. He had been following these cycles for a long time and understood their impact on the business cycle and agriculture.... All the focus this week, after the Fed rate cut on Wednesday, was on the Democratic debates, and I gotta tell ya… they have been on the disappointing side. One clear trend is that Elizabeth Warren is steadily rising in popularity. Another is that Independents are more powerful than most realize. So today let's talk... |
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