Outrageous predictions: The future is now

Saxo Bank/Steen Jacobsen

artist rendering of a man chasing a shooting star“While these predictions do not constitute Saxo’s official market forecasts for 2021, they represent a warning against the potential misallocation of risk among investors who might typically assign just a one percent chance of these events materializing.  It’s an exercise in considering the full extent of what is possible, even if not necessarily probable, and particularly relevant in the context of this year’s unexpected Covid-19 crisis. Inevitably the outcomes that prove the most disruptive (and therefore outrageous) are those that are a surprise to consensus.”

USAGOLD note: Economic surrealism for the new year as seen through the eyes of analysts at the Netherland’s Saxo Bank …… an entertaining read. Many of you will find the forecast for silver particularly agreeable – a sizzling, jolt turbocharges the price higher.

Repost from 12-9-2020

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