Page 1 of 3 123 LastLast
Results 1 to 30 of 69

Thread: Predictions for December 31 2013

  1. #1

    Default Predictions for December 31 2013

    Let's make some one year predictions about where the economy will be by December 31, 2013 - roughly one year from today.

    I firmly believe that:

    1) Unemployment rates will fall just below 7% from 7.7% as the economy picks back up.

    2) New car sales will continue to build to more than 16 million cars per year, up from a recent record high of 15 million cars.

    3) Stocks will end the year only slightly higher in 2013 than in 2012. Less than 10% returns are likely. Acquisitions will drive small cap stocks and we'll see a return of leveraged buy outs as cheap money and an improving economy encourage the obvious investments that need to be made by corporate executives.

    4) Home sales will continue to rise as people go back to work, work on their balance sheets, repay debt, and realize that renting is a terrible proposition at the current price. Home sales will cross and sustain 5 million units per year.

    5) Housing starts will reach and sustain a 900,000 annual rate, perhaps even 1 million annual starts per year, up from roughly 800k at present.

    6) Hyperinflation will not happen.
    Last edited by Jordan; 12-10-2012 at 12:22 PM.



  2. Remove this section of ads by registering.
  3. #2

  4. #3

    Default

    Quote Originally Posted by Jordan View Post
    Let's make some one year predictions about where the economy will be by December 31, 2013 - roughly one year from today.
    What is your prediction for the price of gold then on 12/31/13?

  5. #4

    Default

    Quote Originally Posted by wgadget View Post
    Are you a Realtor?
    No, I simply recognize the importance of real estate in American economic growth and decay.

    Quote Originally Posted by qh4dotcom View Post
    What is your prediction for the price of gold then on 12/31/13?
    I don't try to predict things that I can't possibly predict.

  6. #5

    Default

    Prediction : Jordan will be banned before he's able to come back and examine his prophecies :P

  7. #6

    Default

    Quote Originally Posted by Tpoints View Post
    Prediction : Jordan will be banned before he's able to come back and examine his prophecies :P
    Mind: Blown
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc


    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

    [SIGPIC][/SIGPIC]

  8. #7
    Member
    Join Date
    Jul 2010
    Location
    Land of Indians
    Posts
    25,203

    Default

    Maybe you are right, but here are mine , unemployment reaching 9% by July 4 , auto sales slightly lower through June, food costs inflate at a high level , Markets, lower , than now.

  9. #8
    Member
    Join Date
    Jul 2010
    Location
    Land of Indians
    Posts
    25,203

    Default

    Quote Originally Posted by Jordan View Post
    No, I simply recognize the importance of real estate in American economic growth and decay.



    I don't try to predict things that I can't possibly predict.
    You had no problem with employment rate....

  10. #9
    Member John F Kennedy III's Avatar
    Join Date
    Sep 2011
    Location
    Portland, OR (FEMA Region X)
    Posts
    11,210

    Default

    Lol keep firmly believing fantasy. Is it still raining sunshine and lollipops where you're at?
    Quote Originally Posted by Origanalist View Post
    There would be riots in the streets, if boobus gave one shit about his honor.
    UN Agenda 21 Explained

    The Single Most Important Documentary I've Ever Found

    Robert Downey Jr will learn you how to pimp. If you ever need to know.

    How the GOP stole the nomination

  11. #10
    Member John F Kennedy III's Avatar
    Join Date
    Sep 2011
    Location
    Portland, OR (FEMA Region X)
    Posts
    11,210

    Default

    Buy Bitcoins. They're 12 times more valuable than USD.
    Quote Originally Posted by Origanalist View Post
    There would be riots in the streets, if boobus gave one shit about his honor.
    UN Agenda 21 Explained

    The Single Most Important Documentary I've Ever Found

    Robert Downey Jr will learn you how to pimp. If you ever need to know.

    How the GOP stole the nomination

  12. #11
    Member
    Join Date
    Jul 2010
    Location
    Land of Indians
    Posts
    25,203

    Default

    Walnuts are more valuable than FRN's....

  13. #12

    Default

    Dollar Index at 62 (before deadline)
    Civil war in Egypt
    The LAND Of Israel Forever

    The armed man asks 'Why?'.The unarmed man says 'Yes!'.

    'Long Live Insert Name Here!'

    www.endofhistory.info

  14. #13

    Default

    Maybe we should invest in what this guy is smokin because it seems to make reality go away...

  15. #14

    Default

    Dollar Index at 62 (before deadline)
    Massive strengthening in US dollar? What deadline?

  16. #15

    Default

    Quote Originally Posted by oyarde View Post
    Walnuts are more valuable than FRN's....
    And they grow on trees.....

  17. #16

    Default

    Quote Originally Posted by cbc58 View Post
    Maybe we should invest in what this guy is smokin because it seems to make reality go away...
    Quote Originally Posted by John F Kennedy III View Post
    Lol keep firmly believing fantasy. Is it still raining sunshine and lollipops where you're at?
    Flinging insults is cheap. Where are your predictions? I must have missed them.

    JFK, keep the red rep flowing, man. Sad. Can't even make economic predictions in the forum...
    Last edited by Jordan; 12-11-2012 at 07:21 AM.

  18. #17

    Default

    Quote Originally Posted by oyarde View Post
    You had no problem with employment rate....
    Which is vastly different than deciding what people will be willing to pay for a pretty yellow metal on some date in the future.

  19. #18

    Default

    Quote Originally Posted by qh4dotcom View Post
    What is your prediction for the price of gold then on 12/31/13?
    It'll be about 1500 an ounce.
    Whenever you find yourself on the side of the majority, it is time to pause and reflect - Mark Twain

    Why Government Doesn't Work

    The American Ideal of 1776: The Twelve Basic American Principles

  20. #19

    Default

    We will not even see 12/31/12...that will be 10 days after the APOCOLYPSE!?!?!!!
    Definition of political insanity: Voting for the same people expecting different results.

  21. #20
    Member osan's Avatar
    Join Date
    Dec 2009
    Location
    Right here
    Posts
    7,882
    Blog Entries
    34

    Default

    Quote Originally Posted by John F Kennedy III View Post
    Buy Bitcoins. They're 12 times more valuable than USD.
    Not if the internet is quiesced. Then they are worth nothing.

    Technology-dependent money is very risky stuff. May look great on paper, but when things go sour and that technology becomes unavailable even for relatively short periods, people vested in such money stand to find themselves in some warm and possibly very deep water.

    The technologies that support bit coins will go <poof> well before conditions favoring gold and silver fail, so consider the order of your dominoes before committing.

    Just a friendly reality check.
    --

    http://freedomisobvious.blogspot.com
    http://turnyourbackonthem.wordpress.com

    ignominia et contemptum tyrannis

    Habeo excelsum artem; afflixerim cum crudelitate illis qui laedas me

    Shelley's thinly veiled warning to tyrants:

    The monster saw my determination in my face and gnashed his teeth in the impotence of anger. "Shall each man," cried he, "find a wife for his bosom, and each beast have his mate, and I be alone? I had feelings of affection, and they were requited by detestation and scorn. Man! You may hate, but beware! Your hours will pass in dread and misery, and soon the bolt will fall which must ravish from you your happiness forever. Are you to be happy while I grovel in the intensity of my wretchedness? You can blast my other passions, but revenge remains--revenge, henceforth dearer than light or food! I may die, but first you, my tyrant and tormentor, shall curse the sun that gazes on your misery. Beware, for I am fearless and therefore powerful. I will watch with the wiliness of a snake, that I may sting with its venom. Man, you shall repent of the injuries you inflict.

  22. #21

    Default

    Quote Originally Posted by Elwar View Post
    We will not even see 12/31/12...that will be 10 days after the APOCOLYPSE!?!?!!!
    You may have the BEST point there.

    rep for the WIN!

  23. #22
    Member osan's Avatar
    Join Date
    Dec 2009
    Location
    Right here
    Posts
    7,882
    Blog Entries
    34

    Default

    Quote Originally Posted by Jordan View Post
    Flinging insults is cheap. Where are your predictions? I must have missed them.

    JFK, keep the red rep flowing, man. Sad. Can't even make economic predictions in the forum...
    Even though your predictions are probably ridiculous, I must come to your defense on these points.

    Guys, we're all supposed to be on the same side, and that side is supposed to be that of LIBERTY. Let the boy make his predictions and let you agree or disagree as you might, but let me add that civility should be one of our benchmarks of behavior. I will say nothing more about this.

    OTOH, Jordan, you perhaps need to grow a little thicker hide. Neither of the statements you cited were "insults". Poking some sarcastic criticism in the direction of predictions that you made with nothing in the way of reasoning to back them up does not constitute insult. You opened yourself up to it, so man up and take the pain, if "pain" can even be said to apply in even the least measure.

    We should not be at one another's throats. There are plenty of vicious adversaries "out there". What say we keep our focus.
    --

    http://freedomisobvious.blogspot.com
    http://turnyourbackonthem.wordpress.com

    ignominia et contemptum tyrannis

    Habeo excelsum artem; afflixerim cum crudelitate illis qui laedas me

    Shelley's thinly veiled warning to tyrants:

    The monster saw my determination in my face and gnashed his teeth in the impotence of anger. "Shall each man," cried he, "find a wife for his bosom, and each beast have his mate, and I be alone? I had feelings of affection, and they were requited by detestation and scorn. Man! You may hate, but beware! Your hours will pass in dread and misery, and soon the bolt will fall which must ravish from you your happiness forever. Are you to be happy while I grovel in the intensity of my wretchedness? You can blast my other passions, but revenge remains--revenge, henceforth dearer than light or food! I may die, but first you, my tyrant and tormentor, shall curse the sun that gazes on your misery. Beware, for I am fearless and therefore powerful. I will watch with the wiliness of a snake, that I may sting with its venom. Man, you shall repent of the injuries you inflict.

  24. #23

    Default

    I actually believe his predictions may not be that far off seeing as we're going to be getting massive heroin/QE injections over the next fiscal year. This will probably get the economy high for a little while but I do believe inflation will hit higher highs than ever before, not hyperinflation, not just yet. That special occasion may be reserved just a bit further into the future, I'd guess before 2020. The key point is that most of the tricks and aces up the sleeves have been used leaving little option left at the Fed. It's taken awhile considering the post amendments to the Fed Reserve Act, the start of the Bretton Woods System, the end of the Bretton Woods System, all the big player's currencies in free fall/floating, the huge bubbles following into the late 80s, 90s, 00s, ZIRP, QE1,2,3 (throw operation twist in there though technically it's included). I mean really, what else could they do?

    As far as unemployment goes that's just plain black and white Newspeak gibberish. If it does go down it'll be because hundreds of thousands no longer "count" as unemployed and get denominated into the category of "discount these people all together to lower unemployment through the semantic fiat of bureaucratic wizardry."
    Last edited by seraphson; 12-11-2012 at 09:57 AM.

  25. #24

    Default

    December Report: Small-Business Owner Confidence Plunges More than Five Points
    One of the lowest optimism readings in survey history

    http://www.nfib.com/research-foundat...conomic-trends


    I'm not as far along with my preparations for hard times as I wanted to be, but am making some progress.
    "Sorry, guys, the rebellion is off. We couldn't get a rebellion permit."
    "What is this, a home owner's association? Why the need to try and control other people's behavior?"



  26. #25
    Member
    Join Date
    Jul 2010
    Location
    Land of Indians
    Posts
    25,203

    Default

    Quote Originally Posted by Todd View Post
    It'll be about 1500 an ounce.
    I am going to have to go much higher than that, probably , around 2 k , probably also about what it should be now, considering the worthless currency and a retarded fed govt that feels it must spend a trillion more than it takes in.

  27. #26

    Default

    Quote Originally Posted by osan View Post
    Even though your predictions are probably ridiculous, I must come to your defense on these points.

    Guys, we're all supposed to be on the same side, and that side is supposed to be that of LIBERTY. Let the boy make his predictions and let you agree or disagree as you might, but let me add that civility should be one of our benchmarks of behavior. I will say nothing more about this.

    We should not be at one another's throats. There are plenty of vicious adversaries "out there". What say we keep our focus.
    Thanks osan, +rep!

    I definitely disagree with Jordan, but I'm happy to see him and others sharing their opinion.

    Our country seems to be on the verge of an economic disaster. I believe by Dec. 31, 2013 the dollar will be weaker (gold much stronger) and the government will have more power and be more intrusive. I am hoping Obama will not engage the U.S. in another war in the Middle East, but it is possible.

    I would not be surprised if there is a veritable collapse with riots and the like within the next 10 years. Some of my liberty-minded friends predict it will be within the next year, but I am thinking and hoping not. I need about 2 years more to be ready.

    And yes, maybe my view is a bit extreme, but better to be prepared for the worst than to have it take me by surprise.
    Last edited by BethanyGrace; 12-11-2012 at 10:35 AM.

  28. #27

    Default

    Quote Originally Posted by Jordan View Post
    I don't try to predict things that I can't possibly predict.
    I was perfectly okay and could see your point of view on everything until you said this. You should have kept that one to yourself. Are you saying you're an insider who has all of the relevant information to predict the unemployment rate, new car sales, new house sales, and stocks as a whole but gold is something you "can't possibly predict?" Uh...color me skeptical.

  29. #28

    Default

    Quote Originally Posted by Jordan View Post
    1) Unemployment rates will fall just below 7% from 7.7% as the economy picks back up.
    On #1, I agree with you. But it doesn't really matter because the government has effectively made that number a complete joke. Here is a prediction for you. Foodstamp Usage will increase and be hovering around 50 million.

  30. #29

    Default

    Quote Originally Posted by osan View Post
    Even though your predictions are probably ridiculous, I must come to your defense on these points.

    Guys, we're all supposed to be on the same side, and that side is supposed to be that of LIBERTY. Let the boy make his predictions and let you agree or disagree as you might, but let me add that civility should be one of our benchmarks of behavior. I will say nothing more about this.

    OTOH, Jordan, you perhaps need to grow a little thicker hide. Neither of the statements you cited were "insults". Poking some sarcastic criticism in the direction of predictions that you made with nothing in the way of reasoning to back them up does not constitute insult. You opened yourself up to it, so man up and take the pain, if "pain" can even be said to apply in even the least measure.

    We should not be at one another's throats. There are plenty of vicious adversaries "out there". What say we keep our focus.
    And he needs to stop trolling. How many threads has he started in the last two weeks?

  31. #30
    Member bxm042's Avatar
    Join Date
    Sep 2011
    Location
    Land of the Free
    Posts
    6,449

    Default

    I predict that the white house will release reports showing high job and economic growth
    It's all about taking action and not being lazy. So you do the work, whether it's fitness or whatever. It's about getting up, motivating yourself and just doing it.
    - Kim Kardashian

Page 1 of 3 123 LastLast




« Previous Thread | Next Thread »


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •