Yellowcaked 2011 Predictions

Predictions from yellowcaked for 2011:

The Price of Gold Will Be:

Price of Gold
Date Price per Ounce $US
March 31, 2011
$ 1,500
June 30, 2011
$ 1,700
September 30, 2011
$ 1,850
December 31, 2011
$ 2,000

The DOW will close at:

DOW
Date DOW Close
March 31, 2011
13,000
June 30, 2011
13,500
September 30, 2011
10,500
December 31, 2011
7,000

Other Predictions:

Silver
Date Silver Close
March 31, 2011
$35
June 30, 2011
$45
September 30, 2011
$50
December 31, 2011
$60

Oil will close at:

Oil
Date Oil Close
March 31, 2011
$100
June 30, 2011
$110
September 30, 2011
$120
December 31, 2011
$140

Oil high due to Middle East war, Iran, Syria against Israel
and terrorism in oil fields and Middle East terminals.

And all this is just getting started for the 2012 downer!

I predict a mammoth hole apparent in the U.S. economy by 6/30 and that will lead to drastic leaps down in the DOW. The leaps may be quite further than below $7,000.

It is obvious that QE2 is not working for the FED and the Treasury. Rates are rising and will continue to do so. Interest on the national debt may double or more.

QE3 will drive the beginnings of hyperinflation.

Real estate, residential and commercial will continue to deteriorate in value.

Personal incomes will continue to drop.

Unemployment, govt statistic, will be 15% (don’t know if you saw that they are changing how it is tallied) and real unemployment reach 25%.