ChrisC 2012 Predictions

Here are ChrisC’s predictions for 2012:

The Price of Gold Will Be:

Price of Gold
Date Price per Ounce $US
March 31, 2012
$ 1,600
June 30, 2012
$ 1,550
September 30, 2012
$ 1,600
December 31, 2012
$ 1,550

The DOW will close at:

DOW
Date DOW Close
March 31, 2012
12,700
June 30, 2012
13,220
September 30, 2012
13,220
December 31, 2012
14,275

Here are my other predictions for 2012:

  • 2012 Superbowl – Saints over the Ravens
  • I still see consolidation in the uranium sector – more buying from Cameco with targets: Denison and Uranerz.
  • The price of uranium will eventually recover to $75/lb by the end of the year.