JohnB 2012 Predictions

Here are JohnB’s predictions for 2012:

The Price of Gold Will Be:

Price of Gold
Date Price per Ounce $US
March 31, 2012
$ 1,350
June 30, 2012
$ 1,450
September 30, 2012
$ 1,650
December 31, 2012
$ 1,950

The DOW will close at:

DOW
Date DOW Close
March 31, 2012
12,500
June 30, 2012
11,500
September 30, 2012
10,500
December 31, 2012
9,500

Top stock pick for 2012:

My Top Stock Pick for 2012 is only:
PNPFF – Pinetree Capital (or in Canada: PNP.TO – Pinetree Capital Ltd. )

Didn’t do to well last year on this stock but expecting to do much better in 2012

Here are my other predictions for 2012:

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