The Foreseeable Future: Nine 2011 Predictions

Sanction Tue, 28 Dec 2010	Disasters in 2011
admin Administrator	Pretty ambitious, but seemingly reasonable stack of predictions, basically saying that current trends will continue. Don't know if we can count item 9 as prediction, since no fixed time specified. David Chu wrote: 1. The U.S. will implement QE3/4 when the $600 billion of QE2 is not enough. QE3/4 will be in the trillions of U.S. dollars (USD) of quantitative easing. 2. The major export nations will engage in and increase their non USD-denominated trading among themselves. This will put increasing devaluation pressures on the USD. So, look forward to the US Dollar Index to drop further from the low 80s now to the low 70s or even lower in 2011. 3. Retail food prices in the U.S. will increase in the low to medium DOUBLE digit ranges (10% to 40%) for everything from the junk/GMO "foods" to healthy/organic foods. This will take place noticeably in the first half of 2011. 4. The real estate market in Canada will finally begin its collapse suddenly after the new year celebrations are over. 5. The Chinese real estate market, the last investment vehicle in China for those Chinese with money, will also begin its collapse suddenly, hitting hard cities like Shanghai, Beijing, Fuzhou, etc. 6. Inflation will run rampant in China as it is already doing so with retail food prices. 7. The EU will continue its financial collapse, as nations like Spain, Portugal, and Italy will join Greece and Ireland in facing the stark choice between (Option 1) bailing out THEIR banksters or (Option 2) having THEIR nation go bankrupt. 8. Silver and gold will continue to climb in 2011. Silver will increase much more than gold in 2011. Silver will breach $50 per ounce in 2011. 9. A major war will break out somewhere in the world in 2011 (if not in 2011 then definitely in 2012) involving the U.S. and/or one of its proxy allies.
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Pretty ambitious, but seemingly reasonable stack of predictions, basically saying that current trends will continue. Don't know if we can count item 9 as prediction, since no fixed time specified.

David Chu wrote:
1. The U.S. will implement QE3/4 when the $600 billion of QE2 is not enough. QE3/4 will be in the trillions of U.S. dollars (USD) of quantitative easing.

2. The major export nations will engage in and increase their non USD-denominated trading among themselves. This will put increasing devaluation pressures on the USD. So, look forward to the US Dollar Index to drop further from the low 80s now to the low 70s or even lower in 2011.

3. Retail food prices in the U.S. will increase in the low to medium DOUBLE digit ranges (10% to 40%) for everything from the junk/GMO "foods" to healthy/organic foods. This will take place noticeably in the first half of 2011.

4. The real estate market in Canada will finally begin its collapse suddenly after the new year celebrations are over.

5. The Chinese real estate market, the last investment vehicle in China for those Chinese with money, will also begin its collapse suddenly, hitting hard cities like Shanghai, Beijing, Fuzhou, etc.

6. Inflation will run rampant in China as it is already doing so with retail food prices.

7. The EU will continue its financial collapse, as nations like Spain, Portugal, and Italy will join Greece and Ireland in facing the stark choice between (Option 1) bailing out THEIR banksters or (Option 2) having THEIR nation go bankrupt.

8. Silver and gold will continue to climb in 2011. Silver will increase much more than gold in 2011. Silver will breach $50 per ounce in 2011.

9. A major war will break out somewhere in the world in 2011 (if not in 2011 then definitely in 2012) involving the U.S. and/or one of its proxy allies.