David Bensimon's predictions have been very accurate in the past. Here's a summary of his predictions. Let's review the accuracy of this forecast some time in the future.
- The five-year outlook is for a huge growth in equities and commodities
- Key equity indices will triple and commodities will more than triple' in five years from the bottom.
- Crude would bottom at US$80 a barrel in early 2009.
- Buy in as the S&P 500 Index hits 1,070 points.
- First quarter of 2009 will present 'the best buying opportunities since October 2002'.
- Gold will bottom at US$730 an ounce in April 2009.
- Among commodities, the grains and livestock will probably outperform metals and energy.
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