Ten Black Swans For 2010

Thanks to Saxo Bank for this one – its ten ‘Black Swan’ events for 2010.

US trade balance will turn positive for the first time in 34 years

 

The US Social Security Trust Fund will go bust

 

Gold will fall to $870 in 2010 but rise to $1500 in 2014

 

TSE Small Index will rise by 50%

 

 Bund yields will fall to 2.25%

 

The renminbi will be devalued by 5% versus the US dollar

 

 US dollar to reach 110 yen

 

The price of sugar will fall by a third

 

The Vix will fall to 14

 

The angry American public will form a third party in the US

Tags: black swans, bust, gold, social security, social security trust

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