Tuesday, April 15, 2008

Predictions for prosperity

  • By September 2008 (or earlier), sweet crude oil will hit US$125 per barrel on one of the main energy exchanges,
  • By July 2008 (or earlier), USD will hit 0.60 (or lower) against the Euro, while Sterling will hit 1.21 or (lower) against the Euro,
  • By September 2008 there will have been a bank run on at least one bank in the US, and possibly another in Europe,
  • By December 2008 the Halifax House Price Index for the UK will have hit 580 or lower (roughly a 6% drop from the March index value).
Don't ask me why I think this to be true... I just do.

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