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Outrageous Predictions 2013

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  • Outrageous Predictions 2013

    once again saxo bank came up with their outrageous predictions.

    funny that this year's looks quite possible...

    http://www.tradingfloor.com/posts/saxo-banks-outrageous-predictions-2013-extreme-complacency-1677653761

    but good analysis anyway, hope you guys enjoy reading what i found.

  • #2
    Quite a possibility, I'm placing my bets on Point 4 --- Gold price drops to USD 1200!!!

    "Gold corrects to USD 1,200 per ounce"

    "The strength of the US economic recovery in 2013 surprises the market and especially financial investors in gold. This and a lack of pick-up in physical demand for gold from China and India, both struggling with weak growth and rising unemployment, trigger a major round of gold liquidation. Gold slumps to USD 1,200 before central banks eventually step in to take advantage of lower prices."

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