World Predictions 2009-2012

US unemployment will go up to at least 25%
Collapse of the commercial real estate sector
Food riots
Huge increases in crime
Gold goes up to at least $2000 an ounce
Bank holidays i.e. banks closing down altogether for a few days or longer
Civil unrest
US economy will collapse altogether
More draconian measures introduced by governments to raise more and more taxes
More enforcement, more inquiries, more scrutiny by governments worldwide
Dow Jones goes down to 4000
Vacant shopping centres and malls around the US
Governments being toppled
More natural disasters than we have ever seen before in our history in places that we will not expect them

With all the above predictions in mind, don’t get caught up in the hype and the media telling us that the economy has reached the bottom now and everything is going to be fine. If you are investing in stock markets – be very careful – know that you are playing with fire. There will still be some rallies and the Dow Jones may go up to 9000, but in a few months or by the beginning of 2010, expect to see it around 4000.

Currency markets continue to be volatile, and if you are trading currencies make sure you know what you are doing and that the money you are using you can afford to lose.

Watch out for China taking more of a lead in world affairs – quietly and stealthily they are buying up commodities, land, real estate around the world. They have increased their gold supplies by 76% over the last five years. Keep a close eye on their plans as they will affect us all in the future.