REM Predictions 2009
Predicted by REM:
The Price of Gold Will Be:
| Date | Price per Ounce $US |
|---|---|
|
March 31, 2009
|
$ 1,042
|
|
June 30, 2009
|
$ 1,034
|
|
September 30, 2009
|
$ 1,186
|
|
December 31, 2009
|
$ 2,231
|
The DOW will close at:
| Date | DOW Close |
|---|---|
|
March 31, 2009
|
8,450
|
|
June 30, 2009
|
8,242
|
|
September 30, 2009
|
8,140
|
|
December 31, 2009
|
7,167
|
My Top Stock Picks for 2009 are:
COS.UN, POT-N, PDN-T, AQI-T, SVM-T, SLW-N, ECA-T, DML-T, AEM-T, G-T, K-T, SSO-T, PAA-T, CNQ-T, UUU-T, and a select number of junior precious metal companies.
My Other Predictions for 2009 are:
Canadian Dollar will be over 90 cents and may make par. The unemployment snowball is firmly in motion. We will see retail store and restaurant closings like we have seen before. Service in the remaining stores will improve drastically. It’s hard to predict exactly what will happen because of the government interaction.
Winnipeg Blue bombers will win the Grey Cup. Detroit will do well in the playoffs and San Jose may win the Stanley Cup. Carolina may win the Superbowl if Pittsburg can’t get it together.
Apple products may actually go on sale. Electronics will get cheaper for a while until inventory is eliminated. Most manufactures will not keep any inventory. We may have to order products rather than buy them off the top shelf. Advertising will decrease so the commercials during the Superbowl will probably we beverage based.
Other web sites I like :
Full Disclosure:
Here’s how I did in 2008:
I sold financials, bought some US dollars at over par CA$. Got killed in Uranium and the gold stuff held up a little. Since I bought in 2007 it was not that bad. All other mutual funds and stocks followed the market. 10% cash increased due to the rest of the portfolio decrease.