Home Precious Metals

Economic and PM predictions for 2011

BearBear Posts: 18,953 ✭✭✭
1. Gold to hit 1550 per oz

2. Silver to hit 26 per oz

3. Unemployment, including under employed, unemployed and
those who have dropped out of work force, will climb from present 17%
to 23%

4. While Iran has been attacked by a computer worm that will slow things down
for perhaps 6 months. Iran is capable of a nuclear test in 2012. The important thing
the worm is doing is sending information as to key sites as well as command and control
facilities. It also appears to have the capability to increase its virulence on command by
its controllers. This indicates a military attack of some nature to follow on in 2012.

5. I still believe that oil flow will be curtailed from the middle east and gas rationing will be the order
of the day, compounding our Nation's already weak economy.

6. In addition to PMs, rare coins of quality will do well as well as 90% silver coins that people will store
as emergency money of true value.

7. I do not believe that the world will end on 12/21/2012. However, just in case I am wrong, I will be stocking up
on Sam Adams bear and donutes.Of course, we could all be dead in 2011.

8. Anger over the growing disparity in our Country will spread and increase into a hateful and destructive force demanding
that harsh measures be taken against individuals and mega corporations that have fed at the peoples tax trough for
far too long. In order to quell the mob psychology,cosmetic legislation will be enacted, to appear that the Government is
responding to the demands of the people.

9. Still think that a VAT tax is coming, if only on non essential, luxury items.

10. there will be an attempt to bring manufactoring back to the US, but vested interests will derail any such move.
There once was a place called
Camelotimage

Comments

  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    Bear ... so far most of your recent predictions, well I'm trying to be polite, oh what the heck...they stank.image

    and I do agree on your item # 7, since your prediction is for 2011...image

    and I like this one: "I will be stocking up
    on Sam Adams bear and donutes."

    Is Sam one of your buddies and what is the donutes name?image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    image and donuts? Now there's one I ain't tried yet!image
    Avid collector of GSA's.
  • BearBear Posts: 18,953 ✭✭✭
    Actually, I am a contrary indicator. Just do the opposite of my predictions

    and you will be alright. I am about as wrong as Kramer is. Maybe I should

    have my own stock advisory show.image
    There once was a place called
    Camelotimage
Sign In or Register to comment.