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"Gold and silver may be the best investments in the next several months" - Wealth Managers

February 04,2013


Gold price could peak above $2,000, Harry Dent tells The Gold Report

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Gold is the one thing we see going up more than anything else in the near term. The more money governments print, the better it is for gold. But when that government strategy fails and economies melt down, gold will go down according to Harry Dent.

Gold and silver may be the best investments in the next several months. The gold and bond bubbles will be the last to peak as even the bond bubble seems to be starting to unravel. Everybody has been rushing into gold, silver and bonds as safe havens, but the truth is investors keep rushing into every bubble until it bursts and, at some point, all the bubbles burst. ...

For two years, gold has been trading between $1,520 and $1,800. If gold breaks above $1,800, the next target is $1,934 (the past high), and then a new all-time high is likely between $2,030-2,080. If it gets that high, we would advise people to take their gains in gold.



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