Why We’re Headed Toward Gold $700 by 2018

Investors are fleeing to gold in a desperate attempt to weather the recent market volatility… but is this long time “safe-haven” actually poised to collapse wiping out trillions of dollars of wealth in the process?

While many economists will argue that gold is not in a bubble… and insist it will soar to $2,000, $5,000 and even $10,000, my research has said otherwise. I’ve never been more certain of anything in over 30 years of economic forecasting.

Market volatility, worries over the Europe Central Bank, negative interest rates, and China are among a laundry list of events that are driving panicked masses to buy the yellow metal. But this is only inflating the gold bubble that is poised to pop at any moment.

>>Related: Get Out of Gold IMMEDIATELY and Buy This Instead

I began to pioneer a whole new science of economic forecasting in the early 1980’s which is why I’ve been able to accurately predict almost every major economic event over the past 30 years. —including the collapse of Japan, The Great Tech Boom of the 1990’s, and the 2008 market crash.

This latest prediction is proving controversial among financial circles across the country.

Traditionally investors flock to gold as a way to hedge against inflation but we’re about to see the exact opposite happen.

We are about to experience an economic crisis far worse than 2008 — the full-blown collapse of the stock market and massive deflation.

And that investors who attempt to hide their money in the “safe haven” of gold, could damage their wealth to an even greater degree.

>>Related: How To Get Rich From Deflation

This scenario was practically preordained — as far back as the mid-1990s when the bubble in stocks began and real estate followed and Baby Boomers were heading for their peak spending years into 2007.

When you understand this event, including the fundamental reasons driving it, you need not panic. You will see there’s a tremendous upside to what will unfold over this decade and beyond. After all, when you’re able to know what’s coming – and position yourself accordingly – the years ahead could be prosperous times.

What’s the one investment you need to buy right now to protect yourself, instead of gold is? Click here to watch his new presentation and find out.

>>Editor’s Pick: Not Even Gold Can Keep Your Money Safe When This Happens

Harry
Follow me on Twitter @harrydentjr

Categories: Gold

About Author

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.