Harry Dent Sees 68% Crash in Gold Due to Government Stimulus Bubble
Harry Dent recently appeared on MINING.com's Top of Mine and repeated his long-standing prediction that gold is in a bubble, which could lead to a crash of up to 68%.
Dent stated that the current price of gold has increased by three times more than three times its value in just three years, making it 'the fastest most extreme bubble in history.'
He believes this bubble is due to government stimulus and demographic factors, rather than any fundamental changes in the market.
Dent also mentioned that silver and copper are at record highs, but warned that they will likely collapse along with gold.