I just listened to a long advertisement in which economist and prognosticator Harry S. Dent predicted that gold bullion is in a bubble that will burst soon and may fall down to $250.
Compare that to Mike Maloney who created the Hidden Secrets of Money videos, who says gold is being manipulated low right now but will break free and soar to $5000 and continue higher as the dollar collapses.
The interesting thing about these two is that they both claim they are analyzing natural cycles.
I usually enjoy this kind of scenario--two respected men study the cycles and come up with opposite conclusions. But for this one, the stakes are so high that I find it more nerve-wracking than fun.
Is anyone willing to cast education-inspired mud on either contestant?
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Oops! I had Maloney's URL wrong. It's HiddenSecretsOfMoney.com, not of wealth. Excellent informational videos.