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Kamis, 05 Februari 2009

Gold and Oil Top Peter Grandich's Shopping List

Gold report memberikan proyeksi harga minyak dan emas ditahun 2009, untuk minyak kemungkinan akan berada dirange 35-55 USD perbarel, sedangkan emas kemungkinan bisa kembali tembus 1000 USD perounce bahkan mencapai 1200 USD per ounce. Untuk dow jons kemungkinan akan berada pada range 7500-9000 tahun ini. Berikut ini cuplikannya :

Peter Grandich, creator and producer of The Grandich Letter for a quarter century, allied himself with AGORACOM in October, bringing his well-known and oft-quoted commentaries to a far wider audience than his subscriber base and financial media such as The Wall Street Journal, MarketWatch, CNN, GlobeInvestor, Financial Post and BNN. Breaking away briefly from his recent blogging, the veteran Wall Street watcher and investment advisor tells The Gold Report readers what he likes looking forward—gold (up to $1,000) and oil (between $35 and $55). Also high on his list: uranium (for the nuclear renaissance), junior miners (a select few), and Canadian banks (pretty much all of them).

I still suspect we’re going to go through it, but we have to be able to change our views as the markets change. The only way bouncing off that bottom and then turning up past 9000 on the Dow—that would be the only technical factor that would suggest to me that the bear market was over. My feeling is that even if we do hold that November low, we are going to have a very long trading range on the Dow of somewhere between 7500 and the 9000 that we rallied to twice the last year but have failed to go through.

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