From the Reformed Broker:
Saxo Bank's Outrageous Predictions for 2012:
1. The stock of Apple Inc plummets 50 per cent from 2011 high
Going into 2012 Apple will find itself faced with multiple
competitors such as Google, Amazon, Microsoft/Nokia, and Samsung across
its most innovative products, the iPhone and iPad. Apple will be unable
to maintain its market share of 55 per cent (three times as much as
Android) and 66 per cent on the iOS and iPad.
2. EU declares extended bank holiday during 2012
The December EU Treaty changes prove insufficient to solve EU funding
needs, particularly those in Italy, and the EU debt crisis returns with
a vengeance by mid-year. In response, the stock market finally caves in
and drops 25 per cent in short order, prompting EU politicians to call
an extended bank holiday, closing all European exchanges and banks for a
week or more....
...9. Baltic Dry Index rises 100 per cent
Lower oil prices in 2012 could lead to an increase in the Baltic Dry
Index as operating expenses go down. Brazil and Australia are expected
to expand iron ore supply, further leading to lower prices and therefore
higher import demand from China to satisfy its insatiable industrial
production. In combination with monetary easing this leads to a massive
spike in iron ore demand.
10. Wheat prices to double in 2012
The price of CBOT wheat will double during 2012 after having been the
worst performing crop in 2011. With 7 billion people on the earth and
money printing machines at full throttle, bad weather across the world
will unfortunately return and make it a tricky year for agricultural
products. Wheat especially will rally strongly as speculative investors,
who had built up one of the biggest short positions on record, will
help drive the price back towards the record high last seen in 2008....MORE
