JohnB 2011 Predictions

Here are johnb’s predictions for 2011:

The Price of Gold Will Be:

Price of Gold
Date Price per Ounce $US
March 31, 2011
$ 1,350
June 30, 2011
$ 1,450
September 30, 2011
$ 1,550
December 31, 2011
$ 1,650

The DOW will close at:

DOW
Date DOW Close
March 31, 2011
12,500
June 30, 2011
13,500
September 30, 2011
14,500
December 31, 2011
16,000

My Top Stock Pick for 2011 is only:

PNPFF – Pinetree Capital (or in Canada: PNP.TO – Pinetree Capital Ltd. )

Here are my other predictions for 2011:

In order to keep the US economy more stable, the Democrats & Republicans & Fed will struggle to do the following:

* Manipulate the stock market to do well

* Inflate the money supply

* increase government expenditures

* Keep the unemployment rate from going too much higher

* Keep interest rates artificially low

* Increase budget deficits

* Commodities/Precious metals/Oil prices will rise

Here are some links to other web sites I like:

Kitco.com

Full Disclosure:

Here’s how I did in 2010:

Bought Pinetree only at 0.31/share on 12/09/2008 and it is at $3.69 as of 12/28/2010. I‘m expecting it to double perhaps triple in 2011.  My investments were down 90% plus on 12/09/2008 but as of 12/28/2011 I am now 50% in the red.