My 08 predictions
further declining US dollar
slowdown in property prices, UK already started
chinese economy to run out of speed
tighter lending ratios for lenders and borrowers
larger drop in Zinc prices
rise in ironore
further repossessions
less consumer spending.....luxury items...top couple on my list are jewellery and cars.
more consumer spending and/or use of.....food,gas,elec,accountants,lawyers,pharmaceuticals
,newspapers
drought to break and a big year for agriculture
Gold over $1000
So based on all of that I have sold out of banks, residential property, construction, and a few others.
For the first time in 5 years i sold 80% of my coupla mill holdings over the above sectors to name but a few.
I will be buying stocks over the next 2-3 weeks in no particular order except for Gold at the top....
GOLD
ironore
Gas
Electric
Food
Agriculture
lawyers/accounting/receivers
pharmaceuticals
newspapers
STO and WAN are a buy imo
happy to hear any suggestions for gold stocks or others for me to research.
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