Gold Had A Big Week

Well, the markets rolled over last Friday, and opened this week in a bloodbath. But gold continued to surge, creeping up past the $1,500 mark.

We’re at critical points with all our bonds, which are making new lows. Which has made gold’s current position even more remarkable. I thought gold would begin to flatline around $1,428, but that didn’t happen. Analysts now expect it to move up to $1,530.

If gold can break through that sort of figure, expect it to continue to move higher. I don’t believe we’ll see new all-time highs, but it could break through its current standing.

So what’s that mean for the Dark Window? We’ve seen a mini-megaphone patternrn, and slightly higher highs since January of 2018. That means the bubble might be peaking, which is the resistance we’ve been predicting for quite a while.

I have more on gold and what its surge means for the markets in general in this week’s video.

Harry Dent

Bestselling author and founder of Dent Research, an affiliate of Charles Street Research. Dent developed a radical new approach to forecasting the economy; one that revolved around demographics and innovation cycles.