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Harry Dent predicts GOLD will fall to $700 an ounce, is this even possible with the US Debt at 18T and over 4T on feds balance sheet

 
ID THINKER

User ID: 1273748
United States
12/03/2014 10:02 AM
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Harry Dent predicts GOLD will fall to $700 an ounce, is this even possible with the US Debt at 18T and over 4T on feds balance sheet
Doesn't seem possible unless the is some kind of massive anomaly where nothing tangible matters only food and shelter.
What event do you think is coming?
uhoh
Anonymous Coward
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12/03/2014 10:08 AM
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Re: Harry Dent predicts GOLD will fall to $700 an ounce, is this even possible with the US Debt at 18T and over 4T on feds balance sheet
Doesn't seem possible unless the is some kind of massive anomaly where nothing tangible matters only food and shelter.
What event do you think is coming?
uhoh
 Quoting: ID THINKER


They don't have any so they are trying to scare the sheeptards into selling.

It's like I walk up to a neighbor and tell him hey your shiny new Mercedes only worth $15, now sell it to me quick before it only worth $10. Sounds retarded but if I put on my five thousand dollar suite and do it in front of a TV crew, the neighbor may actually believe it.

pick
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12/03/2014 10:27 AM
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Re: Harry Dent predicts GOLD will fall to $700 an ounce, is this even possible with the US Debt at 18T and over 4T on feds balance sheet
Sure as long as paper (nonexistent) gold is included in the mix.

The same group of diluters and polluters as at their traditional game.
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12/03/2014 10:37 AM
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Re: Harry Dent predicts GOLD will fall to $700 an ounce, is this even possible with the US Debt at 18T and over 4T on feds balance sheet
There are many times more oz's of paper gold than real gold.
What do you think that leads to?





GLP