Thursday, 21 July 2011

Global Market Direction - My View

Pls see charts below

This is my view of where the global mkts are headed in the next 3 - 5 -7 years.

Pls note direction and level is key - Time is a variable - so long term options are the best way to play this forecast.


We will see a very strong DXY ie USD - This is contrary to popular belief

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The PIIGS crisis will crush EURO - again contrary to poular belief.

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Oil should crash to 33 to 10 range.
Deflation and PIIGS demise are key.
After that we should see a massive oil rally.

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China
Expect a crash and then a massive rally.
The same goes for India.

The final bull mkt in China is not over as yet.
Same goes for India.
This is a multi year - multi decade view.
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Silver will eventually crash into single digits.

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Saudi

A crash in Saudi Eqty Mkts should go hand in hand with the Oil crash.
Expect the Saudi Index to crash - from 6000 to say 1500 at least - Oil should be near 10-33 range in the same time frame.

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