Friday, January 15, 2010

My 2 cents view for 2010

As a whole I see world economy entering a sizeable downward correction phase in Q2.

US dollar should edge up in after Q3 and stabilized at that spread throughout the year.

Gold will maintained as a choice of hedge and price will likely remain above 1000USD throughout 2010

Oil should be reach 90ish level in Q2 but is unlikely to break 100USD resistance. It will likely be bearish for the rest towards year end.

Let see hows my prediction fans out... finger cross!

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