Thursday, January 04, 2007
Crash 2007
Happy New Year. New Year's resolution: start posting again!
Economically, 2007 will not be a good year. The housing bubble began bursting in 2006 but what's to come in 2007 will dwarf that misery.
Predictions:
Gold: $850 / ounce
Silver $16 / ounce
U.S. Dollar down 15% against the Euro
The DOW down 25%
NASDAQ down 20%
Mortgate foreclosures double previous all time high
The year 2007 will be remember, studied and talked about for decades.
