Gold Optimists Could be Jumping the Gun
Despite what gold bugs say, right now there is absolutely no evidence of an inflationary threat and absolutely nothing to indicate the dollar’s strong value will weaken and fall. And if you think gold will protect you during times of crisis, just look at the last bubble burst in 2008 – the dollar was the safe bet, not gold.
On top of all of this… the price of gold has been flirting with $1,300/oz. for quite some time. Such a high price tag for a commodity (not a currency) that has very little value and provides very little financial security.
In the latest infographic from Economy & Markets, Harry Dent reveals the top seven cases against gold and why it’s the perfect time to part ways with the yellow metal… and maybe even make bet against it.
Created by Danny Sherbun, Dent Research