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Time to start looking at the 2018 prognostications

derrybderryb Posts: 36,823 ✭✭✭✭✭

We'll start with Doug Kass

Bitcoin will peak at $21,000 and crash to $2,000.
Oil spikes to $80.
The global volatility bubble bursts in a spectacular fashion, with stocks falling by 15% in one session.
Gold makes new all-time highs.

"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

Comments

  • bronco2078bronco2078 Posts: 10,225 ✭✭✭✭✭

    its a word salad just flip it around> @derryb said:

    We'll start with Doug Kass

    Bitcoin will peak at $21,000 and crash to $2,000.
    Oil spikes to $80.
    The global volatility bubble bursts in a spectacular fashion, with stocks falling by 15% in one session.
    Gold makes new all-time highs.

    Gold will peak at $21,000 and crash to $2000
    Oil will burst in spectacular fashion , falling 15% in one session
    Bitcoin makes new all time highs
    Kind of typed myself into a corner , I will quit here :D

    These clowns are like TV weathermen , they are wrong 99% of the time but never get fired. Just once I'd like to see a financial pundit , or a TV weatherman for that matter, just shrug and say "beats me, I got no clue"

  • jmski52jmski52 Posts: 22,850 ✭✭✭✭✭

    The only question mark that remains is whether or not tptb will maintain the status quo or whether things will fall apart. I'm guessing that the status quo is maintained. I plan to keep on stacking commensurate with my income level. The stock market can keep on doing what it's doing, I care not.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Let stocks and bitcoin (and other virtual currency) do what they want.... Gold has never been worth nothing... and never (in our lifetimes and beyond) will.... That is why it is termed a 'safe haven'... Cheers, RickO

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,293 ✭✭✭✭✭

    Food will go up, Then it will go down. Then it will go out.

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭

    I m bullish

    Liberty: Parent of Science & Industry

  • cohodkcohodk Posts: 19,127 ✭✭✭✭✭

    @Baley said:
    I m bullish

    Since the founding of this great nation, no matter the generation, the future has always been bright. I believe that to continue.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • dennis1219dennis1219 Posts: 267 ✭✭✭

    Since I always enjoy the prognostications game... I’ll bite.

    Bitcoin to 30,000 before a collapse to 2,000.
    Dow to hit 28,000 bout June... end2018 near 15,000.

    Gold 2500 years end
    Silver 35 years end
    Palladium 1200 years end
    Platinum 1400 years end
    I will turn 60
    Dond trump will cease tweeting!

    Lock it and load it.

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