Yellowcaked 2011 Predictions
Predictions from yellowcaked for 2011:
The Price of Gold Will Be:
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:
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:
Date | Silver Close |
---|---|
March 31, 2011
|
$35
|
June 30, 2011
|
$45
|
September 30, 2011
|
$50
|
December 31, 2011
|
$60
|
Oil will close at:
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%.