My World Economic Forecast
My World Economic Forecast:
Stock Market:
- Interest rates rise 0.5-3% in the next 24months.
- Increased pressure for governments to sell bonds & deal with increased debt interest.
- More cases of hyperinflation. Venezuela only the beginning.
- Instability in some full fiat based economies ie. Euro. Dollar.
- The Dow Jones & S&P500 will fall estimated 10,000 points in the next 24months. (Recession)
Gold Market:
- Governments will purchase tangible assets, mostly gold in the next 24months. (Hedge)
- Gold price today is the bottom. Estimated price target next 48months = $10,000
Bitcoin Market:
- Bitcoin will capture 5-30% of the global gold market.
- Total market capitalisation $1trillion, estimated time 24months.
- Governments will invest in infrastructure or purchase digital asset; more dynamic governments will act first ie. Switzerland, Lithuania, Japan
- International commerce will become global commerce. A new definition of globalisation will become normal, estimated 96months.
Crypto-currency Alt Market:
- Innovation in blockchain will open up revolutionary business models.
- EOS, ETH etc... will become mainstream, estimated price $50-$150 (EOS) next 24months.
- Open source blockchain protocols will be the most valuable sections in human history, estimated time 120months.
Summary:
- Imminent global recession, (De-basement of fiat, repeat of history ie. Rome) more points lost than 2008-2009.
- Gold price increase.
Mass cultural and technological revolution. (Blockchain)