Stock and fund and property forecast!

As usual, I will say this, buy a majority of your equity in companies with a strong base and a strong system. Overall for much of this first quarter of the year stocks are not going to make any big movements but April – May may see a big collapse. Property is always a hot pick but currently I’d say hold your horses for a few months.

Position on Gold!

I expect Gold to drop toUSD1,100/ounce levels by the end of the month and possibly even as low as  USD1,060-1,070 per ounce by Mid-Feb. So my personal position would be to sell 70%-80% of your gold asap and maybe re-invest by Mid-Feb as long term I expect Gold to once again pass USD1,150/ounce by April-May of this year. Those looking for a longer investment should buy in Feb at USD1,060/ounce and hold till Autumn or Winter where I can see gold at USD1,350/ounce as a certainty or possibly even higher than 1,400/ounce. I know we have never seen gold cross USD1250/ounce before but USD1,400/ounce is realistic.