January 9 2012

The Money Answers Show with Jordan Goodman

Gil Morales and Dr. Chris Kacher discuss some of their predictions for 2012. Things will get worse before improving and there is a potential for another type of sell-off or at least continued choppy consolidation for the first part of the year. The breakdown in gold is likely signaling another liquidity crunch. In the Summer the market should begin to discount the 2012 election, and a new bull phase could begin. We would look for an “inflection point” for economic policies as a result of the election and new leadership. Unless the European Central Bank and the Fed come up with a major new source of QE, their forecast for the start of the year holds. In a new bull market, we would look at the social networking space to provide a fertile field of potential new leadership.

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