Updated 2012 Forecasts - Made January 3, 2012

By: Ian Campbell | Tue, Jul 10, 2012
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As I am sure you do, I continuously monitor what I read that is written by others, and periodically check back on any forecasts they have made to see how those forecasts compare with what actually has happened. Based on those reviews, I decide which mainstream news writers and Internet commentators I am going to continue to follow.

Having said that, it only seems fair to re-visit the predictions I published on January 3, 2012 for the 2012 calendar year, and see how mid-way through the year they measure up. I have abbreviated my January 2012 predictions in this commentary. For the full text read my archived January 3 e-mail at Stock Research Portal.

Europe and the Eurozone:

The United States


Middle East and parts of Africa


With respect to Canada:

Financial Markets

Physical Gold

Mid-year comments on January 2012 forecasts:

With the following exceptions, the forecasts I made in January have either so far proven to be generally correct, or are trending toward being correct by year-end. The exceptions are:

I again said on January 3, 2012 (having said this same thing one year earlier)

While I would like my view to be otherwise, I now believe on July 10, 2012 that we live in even less certain economic times than we did six months ago.



Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
Economic Straight Talk

Through the Economic Straight Talk Newsletter Ian R. Campbell shares his perspective on the world economy, the financial markets, and natural resources. A recognized business valuation authority, he founded Toronto based Campbell Valuation Partners (1976), Stock Research Portal (2007) a source of resource companies market data and analytic tools, and Economic Straight Talk (2012). The CICBV* annually funds business valuation research in his name**. Contact him at icampbell@srddi.com.
* Canadian Institute of Chartered Business Valuators
** through The Ian R. Campbell Research Initiative

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