Stocks are in no-man’s land right now. They can’t seem to make up their mind if they want to sink or fly.

I can’t say the same for the bond market, the dollar, or gold. They’re quite clear about which direction they’re heading.

Bonds have spent the last 40 years bouncing along a very predictable, narrow channel. However, this week, yields broke out of that channel to the upside. This is a significant event that doesn’t bode well for stocks or real estate (as I mentioned on Wednesday).

Of course, Wall Street analysts and I disagree on this one, so I explain why they’re wrong in this week’s video.

I also look at what’s going on with gold and the dollar, whose fates are inextricably intertwined.

The dollar has made a break for it and this has left gold in a world of hurt.

I think we’ve seen the best of gold now, and there’s a line in the sand that I’m watching closely. Stocks can vacillate all they want. If gold breaches that line, run for cover.

 

You’ll get all the details and more in today’s video. Watch it now.

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Gold Will Fall to $700/oz

Harry Dent, a Harvard-educated economist, and bestselling author reveals why and when gold prices will plummet. Find out more in Harry Dent's new report, Gold Will Fall to $700/oz! Read More>>
Harry Dent
Harry studied economics in college in the ’70s, but found it vague and inconclusive. He became so disillusioned by the state of the profession that he turned his back on it. Instead, he threw himself into the burgeoning New Science of Finance, which married economic research and market research and encompassed identifying and studying demographic trends, business cycles, consumers’ purchasing power and many, many other trends that empowered him to forecast economic and market changes.