Mike Preston Predictions
Partner at New Harbor Financial
Track Mike Preston's public market predictions and forecast accuracy. Each prediction is recorded from the date it was published to its estimated deadline, then graded correct or wrong based on the outcome.
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[19:32] My best guess is that this might be a oneanddone type thing with the Fed. They raise 0.25%. Maybe in the next couple months we get some kind of market top. We think we might get a blowoff top in the market.
Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.
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[24:24] rates go down to maybe three on the 10-year in the next year or two. So there's a really good in in our opinion opportunity to buy high quality bonds here and then trade out of them in the next couple years.
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[37:24] the dollar basket is is very strong here recently it's above 100 the DXY I think the old high is closer to 120 I think that we probably hit a new high in the early days of a crisis that come maybe we see 120 plus but then ultimately I wouldn't be surprised if we settled at 60 to 80 you know 30 to 40% below where we are
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[24:08] some kind of market top in the next, who knows, six months in stocks, some kind of big draw down or drop. The Fed comes in, does more QE or at least signals it, and rates go down to maybe three on the 10-year in the next year or two.
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[28:37] look for 90 spot, which is around 80 SLV. That's this big red line. That's where we think it'll get better. And that's when silver will have confirmed that the correction is likely over.
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