Daily Gold, Metal Prices Bubbles Burst , Proactive Structural Simulation /Forecast 2010 OSA by Dr. Warren Huang Pioneering :US/ China/Global Debt, Credit, Financial Crisis, exit strategy and Economic Stimulus impact on Daily Global Gold and Metals Futures Prices Mechanism and Gold Fund Performance
Book your June- Aug Taipei, Hong Kong, Shanghai Proactive Structural European, Debt crisis, global liquidity, exit strategy impact on Asian equities, housing currency, commodities prices 2010 forecast workshops
Beware of Oil, Gold , commodity price bubble burst due to , weakness in business and consumer demand resulted slow recession recovery, even weak dollar can not save it
Gold price peaking out in summer 2010 around 1250- 1300 and return to 1200 and below due to 4 year high of dollar against Euro due to debt crisis, China Asian credit tightening against housing pricing bubble, economic slowdown to 7.5 % GDP, US exit strategy, out of tax rebate, housing consumer credit and inflationary control economy to slowdown to below 2.5 % in second half
Beware of Oil, Gold , commodity price bubble burst due to China housing price bubble and inflation control , US and Asian exit strategy rate hike fighting inflation lead to weakness in business and consumer demand resulted slow recession recovery, while complicated by excessive liquidity bubble resulted global sovereign debt bubble burst crisis from Dubai, PIGS (Greece, Spain, UK, Portugeece , Italy)) resulted commodity prices bubble lead to inflationary pressure and credit tightening in exit strategy.
Debt crisis in EURO area, strong US 4Q GDP of 5.7 % and 1Q 3.00 %, will driving dollar to new high to 1.20- 1.32 EURO, 1.45-1.52 pound drag gold from 1250 peak to 1060, oil from 86 to 68, are excessive given US 1.8 trillion budget deficit, and soaring consumer, business debt will drag dollar lower and oil, gold price rebound summer 2010
2010 oil, gasoline, heating oil, Natural gas prices forecast:
China credit tightening housing price bubble and inflation control, in 2010 to reduce GDP from 12 % to 8 %, M2 money supply growth from 28 to 17 % in 2010 and US exit strategy fighting inflation in second half 2010 will cut oil demand and lead to oil price peaking out in 2010
Oil price will be rebound from 69 to 75 in 1Q 2010, and to 66- 88 in 2 Q , and 3 Q and 74- 88 in 4 Q
Gasoline price will be rebound from 190- 210 in 1 Q, 200- 250 in 2, 3 Q, 200- 220 in 4Q
heating oil price will be rebound from 190- 210 in 1 Q, 185- 220- in 2, 3 Q, 210- 250 in 4Q
Natural price will be rebound from4.5-6.0 in 1 Q, 4.0- 5.0 in 2, 3 Q, 5.0- 6.5 in 4Q
Gold price will be rebound from 1000- 1150 in 1 Q, 1150- 1250 in 2, 3 Q, 1200- 1350 in 4Q
US dollar firm due to continued debt crisis in PIGS and UK US dollar in 1 Q, 1.25-1.32- -EURO , 1.18-1.32- EURO in 2 Q, 1.20- 1.30 ,in 3 Q, 1.25- 1.35 in 4 Q
and 1.45- 1.50 pound in 1 Q, 2 Q and 1.41- 1.52- 1.58 in 3, 4 Q
US dollar peaking out in 1 Q, 88- 93 Yen , 78- 90 in 2Q, 3Q, 85- 92 in 4 Q,
- Dr. Warren Huang Comment to Wall Street Journal Market beat May15, 2
I predicted on this blog last Sept that US housing price slump continue into summer 2008 drag into recession and global stock market into bear correction, with banking finance, housing stocks plunge 50- 70 %, IT , high flier GOOG, AAPL, PetroChina, GS plunge 50 %.
all US global ETF inlucing BRIC down 30 %, only gold, ultra financial, real estate short fund gain 20- 30 %
details can be found on
www.osawh.com/A130-30wksp.htm
and
www.osaglobalstrategicmanagement.com/blog