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GoldSeek Radio Nugget - Harry S. Dent Jr: Gold Is the Metal to Hold Long Term

 

Harry S. Dent Jr., "The Dean of Demographics," founder of harrydent.com and hsdent.com  joins the show from Puerto Rico (4% taxes and 0% capital gains!).

Dent says gold could outperform competing assets.

- Is this the 2000 Tech-Bubble 2.0?
- Bitcoin forecast.
- The merging of AI and Quantum Computing!
- How to participate in the AI-Q computing revolution.
- Crypto revolution 3.0.
- Could Ray Kurzweil's "AI Singularity" arrive before 2029 & if so, how soon?
- V. Putin: "Whoever controls AI, controls the world."

- According to what the current administration chooses to report: GDP is robust, unemployment is tame, inflation is (supposedly) cooling. The government is trying to hang onto an old economy, while a new one is trying to be born, blocking a stronger new technology economy to drive the next boom. Dent says, "Recessions are as necessary to the booms as sleep is to being awake." 

Dent: As the ascent of India and Southeast Asia as growth centers, with a passion for gold, will fuel the rise of the gold price in the next four decades. Gold is the metal to hold long-term.

People are sensing an economic crisis coming, and gold tends to do well as a safe haven in the early stages. 

- Will gold ever drop below $2,000 in our lifetimes?
- India and South-East Asia could be the next "China" economic miracle.
- Will crude oil, "black-gold" continue to new records?
- Could gold run to $2,200 in the next few weeks?
- Might the Dow Jones reach our target of 40k-50k?

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