Harry S. Dent Jr, Bob Hoye, Chris Waltzek Ph.D. & Robert Ian - August 23rd, 2019 - Goldseek.com Radio. A Spina-Waltzek Production-©2005-2019 http://radio.goldseek.com/ Royalty free music from Google Play. Disclaimer: this show is presented only as inf
Aug. 23rd, 2019(S14-E710)Featured GuestsHarry S. Dent Jr. & Bob Hoye Note: Guest order via seniority.Please Listen HereInterview Recap. Harry S. Dent Jr. notes if bulls push the yellow metal above $1,525, $1,800 could soon follow.Gold should hold $1,000 on continued geopolitical uncertainty and profligate policymaker decisions.To eclipse the former record zenith of $1,918 from 2011, a new wave of buying will be required.A breakdown in the reserve currency could send gold above $2,000.The Great Recession of 2008-2009 required over $16 trillion in monetary expansion to resolve.The next crisis could require 2x-3x the figure, markedly increasing the appeal of precious metals.The Dow Jones recently touched a new 120+ year record.When discounted for inflation, some analysts note the new nominal figures are far less impressive.Since the year 2000 peak, US shares remain near their real valuations.From the same point gold is 5x higher, a stunning success story!The duo concurs that US equities could reach surprising heights, such as 30,000 on the Dow, and 10,000 NASADAQ resulting with a blow-off phase echoing the Year 2,000 Dot.com peak as soon as 2020.Bob Hoye, Editor & Chief Investment Strategist of Bob Hoye.com rejoins the show with insights on US Fed.Our guest suggests investors book profits in anticipation for better prices by December.Central bank rate cuts are inadequate to prop up the global economy.Most equities bear markets occur in the Fall and this year may be prove the rule.The host points to the recent all-time record high in the Dow Jones, NASDAQ and S&P 500.Recent highs imply a retest of the peak before the next selloff.Investors clamored to buy PMs following calls of several, senior investment analysts.Gold will top $2,000 an ounce, amid increasing geopolitical uncertainty and global trade skirmishes. On Aug. 22nd, 2011, gold recorded an intraday high near $1,918.Stan Bharti, CEO expects gold prices to top $2,000 by the end of next year.Top analyst, Bharti sees gold $1,600 in the next quarter (Marketwatch.com, 2019).Joining the chorus for gold to soar, several analysts point to $1,800 or even $2,000 an ounce.Several analysts underscored the likelihood of gold at $2,000.Clearly, Wall Street is slowly coming to the same conclusion as Goldseek.com Radio and most of the featured guests, the price of gold may achieve the destiny of $5,000-$10,000 over the next decade.GSR Hotline - Call 24/7Share Your Questions &Comments! Q&A Hotline: (641) 715-3900 followed by extension number and #: 514049# you can call, delete, re-record, your feedback is appreciated!