Wednesday, January 02, 2008

Forecast by Denmark-based Saxo Bank


A forecast made by Denmark-based Saxo Bank ( New Year 2008 may destroy USA’s struggling economy - Pravda.Ru ):

1. Oil prices will rise to $ 175 per barrel

2. Grain prices will double

3. The Chinese market will fall by 40 %

4. The U.S. market will fall by 25%.

5. 30% of large U.S. building companies will go bankrupt.

6. Ron Paul will be elected President of the USA.

"It is worthy of note that the majority of Saxo Bank’s previous forecasts for 2007 have proved to be true to fact."


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