In the realm of Forex, one can find numerous predictions regarding the future. Whether you are looking for predictions on gold, oil, and the cost of building the new Brooklyn Bridge, there is more than enough information out there to fit the criteria of your needs.
Let’s look at some of the predictions. We will start with gold, the most traded commodity and by far the most popular prediction. Some say the price will rise because of gold being seen as a safe haven in times of economic uncertainty.
Gold, according to the predictions, is about to be the ‘safe haven’ currency. Many believe that it is a false economy (selling to avoid loss), the bubble of the gold price will burst, and price fall dramatically in the ensuing period. Others see it as a bubble that will burst eventually.
It is a great time to buy gold. People believe the precious metal is on its way to having the highest market value of any other asset worldwide. They also believe it will hit a psychological high soon, prompting another bull run and a high gold price.
Predictions regarding the cost of building the new Brooklyn Bridge have been far less favored. People believe the bridge will be built, but at a much higher cost than expected, and it will be a huge financial blow to the state of New Jersey and to the local economy.
There are many suggestions that the new bridge will be completed at a much lower cost than the mayor, the developer, and the state government predicted. Some point to rising costs of raw materials as a reason, while others point to the environmental issues that need to be addressed when looking at building a new bridge.
Most predictions indicate that the cost will be higher than most people thought. Either way, the price of gold is going to rise to anall-time high and it will continue to rise for quite some time, even after the new bridge is completed.
Another prediction regarding the cost of building the new bridge is the impact it will have on the national economy. The mayor and the developer may not agree with this prediction, but they will agree that it will have an impact on the long-term profitability of their projects. It will undoubtedly add years to the construction of the bridge.
Do you think the time is right for the government to bail out the bridges project? Should the government bail out these people in order to make a political statement? Or should they just let the money pour in so that the projects go ahead and the benefits of the project are distributed to the people?
The current situation is clearly the right choice. The bridges will be built and the projects completed in record time without the extra tax burden that would accompany another bailout.
Predictions regarding the price of Bitcoin can be confusing, but don’t let that put you off. There are so many websites out there that will give you all the predictions you need and predict the best possible outcome for you in your own country or region.
As far as predicting the future, don’t get too hung up on predictions – they are only to help you understand the present and plan your actions. If you are someone who really wants to see Bitcoin reach massive heights and become the world’s reserve currency, then you better take your time with your predictions and use your head when looking at the predictions.