Predictions for 2009 - Financial Jesus

Predictions for 2009 – Financial Jesus

by Roman on January 3, 2009

“Never make predictions, especially about the future.”
Casey Stengel

One of the worst things you can do is to predict the future. Your predictions will almost always be wrong and you will look like a fool. Looking back – you have no idea how you couldn’t even predict the simplest of things.

Regardless, here are the predictions of Financial Jesus for 2009.

  1. The dollar will fall 20% or more against the Chinese yuan.
  2. The price of gold will be up 10% by the end of the year, as uncertain investors will be looking to gold for support.
  3. The price of oil will stay between 40 and 60 dollars for the most of the year and will rise to as high as 75 dollars per barrel by the end of 2009.
  4. The Dow Jones Industrial Average will be up about 15%. If you correlate this with the falling dollar it will actually mean that those investing in the US will actually lose money.
  5. The world economy will not recover from the financial crisis by the end of 2009. We will see the making of an economic crisis that has its roots in the credit crunch of 2008.
  6. There will not be any more major bank failures. The governments of the world will not let that happen. We will possibly see governments taking proactive steps to save banks and other major companies before they are in actual trouble.
  7. None of the three big US auto companies will fail in 2009. They will get enough help to just “hang in there” for a year or possible more – only then will we see a failure among the big three.
  8. The housing market does not bounce back. We will see falling prices throughout next year.
  9. Inflation in the US rises. Fears of deflation are largely without grounds and are only fueled by the falling real estate prices. Oil and gas will be on the rise and will therefore help to fuel the inflation.
  10. Obama’s stimulus package passes in his first months in office but it fails to address the real problems. This is sadly realized only toward the end of 2009.
  11. More bailout money will be needed by large companies. The government can’t deny their help because “everyone will already expect them to help”.
  12. US economy will not come out of recession.
  13. There will be an assassination attempt on Barack Obama. If you won’t hear about it, it is because it will be kept secret. :evil: (Yes, I just made sure that at least 1 prediction will become true) :evil:
  14. Apple will launch a smaller version of the iPhone. Let’s call it the iPhone nano.
  15. Financial Jesus will end the year with more than 1000 subscribers.

“My predictions are notably inaccurate.”
Robert Caro

“I figure lots of predictions is best. People will forget the ones I get wrong and marvel over the rest.
Alan Cox

What are your predictions for the coming year? Let us know in the comments so we can find the best fortune teller when we sum things up in the end of 2009!

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{ 9 comments }

John Carls January 3, 2009 at 9:42 pm

I think that the US dollars will rise against the Euro and there will be trouble in the EU, could be that Germany or France want to go back to their old currencies.

wont tell January 3, 2009 at 9:43 pm

The FED will be abolished!

Bobby Gill January 3, 2009 at 9:47 pm

You are a genius! Love your blog it is entertaining and informative. Do you have a twitter account yet?

I agree, if you want to make money this year then invest in Oil or look to China.

Readers, if you want a prophet for 2009, then this is the blog to follow! ;-)

Bobby

Roman January 3, 2009 at 10:00 pm

Thanks for your flattering comment!

After a year I can probably say what Robert Caro said – “My predictions are notably inaccurate.”

However its fun to make predictions and should any of them become true – the better!

I don’t have a twitter account yet, but opening one is 1 of my next weeks goals! :)
I’m sure I’ll announce it in the blog.

Armen Shirvanian January 4, 2009 at 3:49 am

The quotes surrounding your predictions tell a story that runs on the side of your actual predictions. Many of these predictions do appear to follow the trends that are being started at this time. They seem more reality-based than some of the predictions provided by news sources.

SATAN January 4, 2009 at 2:33 pm

- Oil will be max $25 by spring this year. Lets say $31 by February 1st, $26 by March 1st, $21 on April 1st.

– Many many many banks will go bankrupt, both small and big.

– Atleast one of the 3 large car makers will go bankrupt before June and will be acquired by another automaker or cut into pieces (smaller companies) which will be sold separately.

– Gold will fluctuate around the same price it is now, can go up 20-30% for a short while, but will remain near current price

– real-estate market will fall atleast 50-60%

– Obamas stimulus package will turn the US economy around, results seen by end of year already as massive amounts of funds will be spent on turning to domestic sources of energy. IT won’t affect rest of world economy positively though and recession will continue elsewhere.

– US troops removed from Iraq, most are returned home to save expenses, some to Afghanistan, some activity will start in Pakistan.

– Castro will die, Cuba will become a democracy and experience HUGE growth.

– Gaza and Israel’s war will increase to include other arab countries. Israel will emerge victorious.

– End of January or in February Russia will attack Ukraine, soon thereafter Latvia, Estonia, Lithuania.
EU and NATO will do nothing. Russia buils another direct gas-pipeline to remaining EU countries.

– Estonian and Latvian governments declare bankruptcy, devalue currency.

Constantine January 10, 2009 at 10:07 am

just have a look at this list of worst predictions of 2008. And you will never believe in any prediction.

http://www.archivestrader.com/2009/01/predicting-where-to-invest-your-money.html

Roman January 10, 2009 at 12:54 pm

It feels to me that people need predictions because they need something to hang on to!
Everyone knows that predictions usually tend to be wrong, but we still like to hear about them.

Thanks for commenting Constantine!

narutofightindreamer March 30, 2009 at 3:10 am

I think about half of what you predict will come to fruition, while the other half will fall flat on its’ rear……………….Oh and will Time-Warner stockholders finally fire the insanely arrogant mismanaging Upper Echelon corperate officers. Like Richard C. Parsons, who have all but destroyed that media giant?? I certainly hope so!!!

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