Dent stock market crash

He has certainly been correct a few times and had to backtrack several other times.

While the housing market is cooling in both countries, we have yet to see a major correction. And I full admit that I did not anticipate a correction of this length or magnitude in the gold market.

Share/Stock Market News - Latest NSE, BSE, Business News, Stock/Share Tips, Sensex Nifty, Commodity, Global Market News & Analysis - simyviqoj.web.fc2.com

How can this be? There is a common misunderstanding that gold needs inflation and low rates in order for the price to climb. Indeed, gold has performed well during past rate-hike cycles.

Economist Harry Dent Predicts 'Once in a Lifetime' Market Crash, Says Dow Could Plunge 17, Points

Deflationary periods also do not ensure a lower gold price. The most recent price action is a prime example.

Yet, the gold price is soaring higher. I keep an eye on the USD index, which has run into stiff resistance at and turned lower.

Harry Dent - Wikipedia

The gold price can climb higher along with the USD, which is essentially just a measure of one fiat currency dent stock market crash other fiat currencies. Anyone that passed Economics knows that higher demand and lower supply leads to higher prices.

But one of the most important factors deciding the gold price other than paper manipulation is human emotion. Are investors currently fearful in chaotic markets make money at pokerstars confident in stable markets?

This is undoubtedly fueling the fire and helping to push the gold price sharply higher in Anyone that remembers the beginning of this canadian forex demo account bull market knows just how fast prices can dent stock market crash higher when money begins flowing into this relatively small sector.

While Harry has been short gold, we have been long and adding to our positions during the dip. The Gold Stock Bull portfolio is racking up strong gains for our subscribers. By Jason Hamlin T Share This Story, Choose Your Platform! Jason Hamlin is the founder of Gold Stock Bull and has been investing in precious metals for over 20 years. He launched Gold Stock Bull in and turned his focus from helping fortune companies to helping individual investors.

Jason is a student of Austrian economics and a proponent of cryptocurrencies such as bitcoin and ethereum. Email Address First Name Submit.

Gold Stock Bull is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. Accordingly, investors should not act on any information on this site without obtaining specific advice from their financial advisor. Past performance is no guarantee of future results.

Terms of Service and Privacy Policy.