My prediction for 2011:
* Gold $1,700.00 Oz
* Silver $60.00 Oz
* Copper $6.00 Lb.
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I agree with gold at $1700, but would put silver at $45 and copper at $5.25. I believe bonds are going to be hit hard as there will be a moderate attempt to stop inflation.
The politicians do not have options other than to print money to inflate themselves out of the public debt they have created. Has anyone ever heard a politician say they made a mistake?
Only when they got caught committing a felony.
I'd love silver at $60 but will still settle for $45.
Any predictions for oil?