“Five Big Trends For The Next Five Years” with even more powerful articulation:
(1) Inflation is headed up.
(2) Gold and silver are headed up.
The Adens think the gold and silver rise could be more dramatic that the 1970s. However, they write:
“Let’s say it is similar to the 1970s, then as we mentioned last month, gold could eventually rise to about $6,000 and silver to $150. We’re not saying these will be the ultimate upside targets, but they could be.”
(3) The US dollar is headed down.
(4) Interest rates are headed up.
(5) Bond prices will fall.
Here the Adens say:
“Even though the Fed says they’re going to keep interest rates low to help the economy, they simply won’t be able to. The Fed can control short-term interest rates, but not long-term rates. And with the U.S. needing more and more money to finance all of its expenses, the marketplace will demand higher rates in exchange for the growing risk. Under the current circumstances, interest rates are poised to rise much further in the years ahead.”
Tuesday, March 15, 2011
Adens, Schultz, batten down hatches
http://www.marketwatch.com/story/adens-schultz-batten-down-hatches-2011-03-14
Labels:
Aden sisters,
gold,
Harry Schultz,
inflation,
interest rates
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment