|Oil - Brent Crude||130||122||110||80|
|Oil - Brent Crude||147.27||93.31|
"This year I will beat everyone, and even DW will have to admit that he was beaten by a girl... and not only that, but a Justin Bieber fan!"
Dow - low 10000 // high 14500 // end 12,000
Gold - falls in first quarter to 1265 // summer 1475 // end 1420
Silver - 32
Bank failures - 187
Unemployment (government-reported value) - 7%
Housing - falls to new lows
Detroit schools - they fail to take DW's suggestions and they suffer the consequences
DAAG solves the problem of property rights and becomes world-famous. Carrie abhors being a celebrity and uses her new-found riches to buy a secluded forest in mid-Michigan.
Bank Failures 142
Inflation (CPI) 6%
DAAG Becomes a temporary political party. Wins every election; then disbands the government... The result? Everyone is SUPER happy and wants to live in the former USA. They end up calling it Real Utopia of America.
Dow: high 13,500 low 10000s
S&P: high 1450 low in 1000s
Gold will correct to around $1200 during the year
Japanese stocks will do well this decade
Natural gas will do well in 2011
Interest rates will increase. US Treasurys will drop.
Detroit will declare bankruptcy
Housing will offer good buys
Gold $1500, Silver $32, Oil $80 Euro at 1.10
Dow 11500 and Nasdaq 2650
I expect a general asset correction in next month or two in gold but especially industrial commodities. China slow down keeps oil low.
US equity markets fall in 2011 but still out perform on a relative basis most other countries with possible exception of Japan.
Bank closings: 140
Oil: $110, but will reach $135 during the year.
U-3 unemployment: 7%
IF: CPI-U (includes all items) stays < 5%
CPI-U will reach 9% this year. The Fed will stop pumping.
Bank Failures 200
1/3/11 Jim Cramer "I predict Alcoa will be the best performer in the S&P 500 in 2011."
I'd like to add to my predictions that Alcoa's stock (N:AA) will not have a good year.