Forget Sterling, or Euros

[AlfredJPruffock]

Here’s what UBS told CNBC just before Christmas, could be “Some Surprises for ’09”.

How about Kate Moss is in fact expecting ?

and ...

Davros succesfully detonatea the Reality Bomb causing the end of All Matter in every Universe.

Just before the above peace will break out in the Middle East.

[expat]

Aren't UBS forecasting Gold dropping to $300 this year? And anyway, Moneyweek are usually bullish on gold are they not?

Here’s what UBS told CNBC just before Christmas, could be “Some Surprises for ’09”.

1) Oil prices fall below $20 per barrel.
2) The dollar falls to new lifetime lows.
3) Global growth is negative for 2009.
4) Gold goes to $300.
5) Corporate default rates don't rise significantly.

"These things may seem unlikely but this year has shown us that unlikely things can happen,” says Jeff Palma, head of global equity strategy at UBS Investment Research.” Of course these surprises are not forecasts. They’re more like plausible “what if” situations. But, it’s worth noting last year UBS put together the same kind of list and nearly half came true. At the other end of the prediction spectrum, lies India's Commodity Online - it feels that lower supply and higher demand will push gold to $2,000 per ounce. Standard Chartered Plc sees the metal as averaging $985 per ounce this year, and trading closer to $1K by mid-year. And the forecasts keep on rolling in...

[Mich the Tester]

I heard the price of CyberTory's house is expected to rise by 10% each year.

[ratewhore]

Aren't UBS forecasting Gold dropping to $300 this year? And anyway, Moneyweek are usually bullish on gold are they not?

[expat]

and get gold

Sssh!

[BlasterBates]

and get gold