Zlato, striebro, ropa, potravinové komodity v 2009

Gold will hit a new high price – Gold continues to track the expanding “cornucopia” channel I constructed two and a half years ago. As the current credit crunch dissolves into higher inflation, I think it reasonable to expect gold to once again race to the top of that channel. I am hopeful that the U.S. dollar price of gold will approach $1,250 within the next 12 to 16 months.

Silver will do very well – Silver has been a neglected and almost abandoned orphan in the economic storm. The common wisdom says that economic activity is slowing, so industrial metals like silver will have reduced consumption and should be sold. Past readers of the Optimist will attest that my views are neither common nor wisdom, so I am free to take a contrary approach. Just as fewer houses being constructed reduce the need for copper wires, and fewer automobiles being built reduce the need for platinum in catalytic converters, the quantity of silver needed for many industrial uses is also likely to be reduced. In the case of silver, however, the reduction in industrial demand is likely to be more than offset by a greater reduction in the supply of silver which is produced as a by product of base metals mining. As base metal prices and production plummet from reduced economic activity, the sharply reduced supply factor should provide a positive tone for silver prices. Also, if the odd silver sidestep cycle continues in 2009, then it is possible that the price of silver could target $25 per ounce in the next 12 to 16 months.

Energy prices will recover – Not even an optimist like me can hope that energy prices will remain at their current low levels throughout 2009. My guess is that continuing demand coupled with rising world tensions will soon begin to push energy prices back up to around double the levels they had at the end of 2008.

Článok:news.goldseek.com/GoldSeek/1230879900.php

06.01.2009

"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value."   Alan Greenspan