Monday, December 7, 2009

11 Startling Predictions for 2010

From Martin Weiss Research.

1. The Federal Reserve will not relent in its money printing madness until it’s absolutely forced to do so.

2. A continuing, virtually unstoppable long-term decline in the dollar.

3. The entire concept of “RISK” will be REDEFINED by global investors. The new definition will be: HOLDING U.S. dollars and dollar-denominated assets.
(oil counts here)

4. Gold will reach $1,500 if not higher as central banks help drive up its price with massive new buying of their own.

5. The overwhelming majority of oil producing nations will demand that the U.S. dollar be replaced as the pricing standard for crude oil.

6. The U.S. economic recovery of 2010 will go down in history as one of the
weakest and shortest in 100 years.

7. The economies of Brazil, China and India will grow up to four times faster than the U.S.

8. Stocks in countries like China, India and Brazil will rise up to three, four,
even FIVE times faster than the S&P 500.

9. The best performing stock markets in 2010 will include Indonesia, Thailand and Vietnam.

10. Sovereign wealth funds of Asia will become far more aggressive buyers of contra-dollar assets in 2010, helping to drive up their values at a much faster clip than generally expected, especially in Asia.

11. Expect a MASSIVE new global boom in mergers and acquisitions, focusing on small- and mid-cap natural resource stocks.
(this is what Al Gore and his climateers were laying the groundwork for and expecting to rake in big bucks from)

The article is is transcript format, and is a discussion among Weiss Research's leaders--I just listed the 11 predictions here. The transcript goes into detail on each one.

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