we have a little book we write in every new years eve…back in 06, i predicted the housing market would decline 19%, then in 07 15%, then in 08 9%. I missed the timing but over all i was about right for the inland empire. kind of. Therefore, my prediction will probably be right, just way off schedule. im basically a stopped clock.

I predict I wont buy a house in 2009 even though family pressure ramps up to most intense ever. But I might cave.

Gold will close the year at 1137.00 (Consider CEF over GLD as a gold trade).

Oil will close the year at 61.35 a barrel.

SD RE will be down 18%

Temecula will be down 21%.

Nationally down 14%

The Dow will close out the year at 6900.

All these numbers will eventually become true but it might be 3 years out.

things will not get better for quite some time.

Dollar’s crash timing is beyond knowing but inevitable. I’d say 2013.