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Message: Fearless Predictions for 2010

Fearless Predictions for 2010

posted on Jan 03, 2010 07:15PM

Well tomorrow is the first trading day in the new year so I think I will look into my crystal ball and make some prediction for the new year.

1) Gold and silver are going to have a very good year. I believe that gold will get above $1500 per ounce before than year end and quite likely by March. I beleive that gold will end the year with strength and quite likely higher than my minimum price tagetr of $1500.

I expect gold to follow the seasonal trends this year with any pullbacks being of shorter duration than in years past.

Silver I expect to on a percentage basis to even perform better than gold and narrow the gold/silver ratio possible down to the 40 range.

This and future predictions are all in my honest opinion of course and should not be used by any readers as finacial advice.

F.F.

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