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
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Guest
Bios
Bob
Hoye
Institutional
Investors
With
a degree in geophysics and a number
of fascinating summers in mining exploration,
one winter in "the bush" quickly
led Bob into the financial markets.
This included experience on the trading
desk and in the research department
of a large investment dealer, which
led to institutional stock and bond
sales.
Bob's
review of financial history provided
the forecasting models designed to anticipate
significant trend reversals in the sometimes
alarming volatility typical of the transition
from rampant speculation in tangible
assets to fabulous speculation in financial
assets.
In
anticipation of the latter opportunity,
a monthly publication for financial
institutions was started in January
1982.
This
competently covered the stock market,
the yield curve, credit spreads as well
as metal and energy prices.
In
1998 the Institutional Advisors website
was started as a forum for unique and
reliable financial research.
Harry
S. Dent, Jr. is the Founder of
Dent Research, an economic forecasting
firm specializing in demographic trends.
His mission is Helping People
Understand Change. Using exciting
new research developed from years
of hands-on business experience, Mr.
Dent offers unprecedented and refreshingly
understandable tools for seeing the
key economic trends that will affect
your life, your business, and your
investments over the rest of your
lifetime.
Mr.
Dent is also a best-selling author.
In his book The Great Boom Ahead,
published in 1992, Mr. Dent stood
virtually alone in accurately forecasting
the unanticipated boom of the 1990s
and the continued expansion into 2007.
In his new book, The Demographic Cliff,
he continues to educate audiences
about his predictions for the next
great depression, especially between
2014 and 2019 that he has been forecasting
now for 20 years. Mr. Dent is the
editor of the Survive and Prosper
newsletter and has created the HS
Dent Financial Advisors Network.
Mr.
Dent received his MBA from Harvard
Business School, where he was a Baker
Scholar and was elected to the Century
Club for leadership excellence. At
Bain and Company he was a strategy
consultant for Fortune 100 companies.
He has also been the CEO of several
entrepreneurial growth companies and
a new venture investor. Since 1988
he has been speaking to executives
and investors around the world. He
has appeared on Good Morning
America, PBS, CNBC, CNN, FOX,
Bloomberg, and has been featured in
USA Today, Barrons, Investors
Business Daily, Entrepreneur, Fortune,
Success, US News and World Report,
Business Week, The Wall Street Journal,
American Demographics, Gentlemens
Quarterly and Omni.
Harry
S. Dent, Jr. is the Founder of Dent
Research, an economic forecasting firm
specializing in demographic trends.
His mission is Helping People
Understand Change. Using exciting
new research developed from years of
hands-on business experience, Mr. Dent
offers unprecedented and refreshingly
understandable tools for seeing the
key economic trends that will affect
your life, your business, and your investments
over the rest of your lifetime.
Mr.
Dent is also a best-selling author.
In his book The Great Boom Ahead,
published in 1992, Mr. Dent stood
virtually alone in accurately forecasting
the unanticipated boom of the 1990s
and the continued expansion into 2007.
In his new book, The Demographic Cliff,
he continues to educate audiences
about his predictions for the next
great depression, especially between
2014 and 2019 that he has been forecasting
now for 20 years. Mr. Dent is the
editor of the Survive and Prosper
newsletter and has created the HS
Dent Financial Advisors Network.
Mr.
Dent received his MBA from Harvard
Business School, where he was a Baker
Scholar and was elected to the Century
Club for leadership excellence. At
Bain and Company he was a strategy
consultant for Fortune 100 companies.
He has also been the CEO of several
entrepreneurial growth companies and
a new venture investor. Since 1988
he has been speaking to executives
and investors around the world. He
has appeared on Good Morning
America, PBS, CNBC, CNN, FOX,
Bloomberg, and has been featured in
USA Today, Barrons, Investors
Business Daily, Entrepreneur, Fortune,
Success, US News and World Report,
Business Week, The Wall Street Journal,
American Demographics, Gentlemens
Quarterly and Omni.
Safe
haven assets are the investment du jour amid record
financial volatility - Goldseek.com Radio presents its
new sponsor, Northern
Vertex Mining Corp. Americas newest gold producer
is focused on low cost gold and silver production and
exploration in the USA, at its 100% owned Moss Mine
located in NW Arizona:
The
Northern Vertex Mining Corp. (NVM) team has solid experience
in every area of operations, mine development, exploration,
acquisitions and financing of mining projects.
The
NVM flagship Moss Mine is expected to consolidate additional
producing or near-term production gold assets within
the Western US.
Through
mergers and acquisitions the NVM mission includes reaching
mid-tier gold producer status at a rate of over 200,000
ounces of
gold production annually.
To
find out more about Northern Vertex Mining Corporation,
listeners are encouraged to direct their web browsers
to www.nothernvertex.com.
The
ticker symbol is NEE.v and on the International
Nasdaq OTC: NHVCF.
The
Blockchain revolution is transforming the global arena,
disrupting every industry in its path. Goldseek.com
is excited to introduce an off the chain opportunity
in digital gold and silver from our friends at APMEX
and Sprott Inc.
The
first online marketplace to offer secure and convenient
buying, selling and redemption of digital PMs.
OneGold
uses VaultChain, a secure, immutable blockchain
ledger developed by Tradewind Markets, the leading
innovator in digital precious metals distributed
ledger and blockchain technologies.
OneGold
digital gold and silver are 100% redeemable through
OneGold for delivery of physical bullion to customers
doors.
VaultChain
gold and silver are available for purchases of any
size and competitive prices with low transaction
and storage costs.
OneGold.com
is secure and accessible 24/7 on any device, offering
convenient purchases and sales of precious metals.
Easy
recurring transactions, makes passive saving and
dollar cost averaging the gold price, as easy as
a mouse click.
As
a special offer and for a limited time only, OneGold
is offering gold and silver at spot price, with
no additional premiums.
VaultChain
sets the industry standard as a fully backed physical
asset, with easy redemption in coins, rounds or
bars offering clients peace of mind and full transparency.
Blockchain
Conservation Imitative - Proof of Safe Tusk (PoST)
The
host proposes a blockchain based, conservation effort
(PDF
Paper) to bring a stop to the cruel and unnecessary
ivory trade - if you know someone who would like to
get involved and or support the effort, contact Chris
at gsr@hughes.net.
Bill
Murphy of GATA.org
returns to the show with fresh insights on the
recent PMs shares rally that continues to parallel
the success of the US shares.
Dr.
Marc Faber & Chris
Waltzek Ph.D. - July 9th, 2019.