Ryan Freund

Be Prepared for S&P to Hit 350 by June 2010

Hi Bac,

I will never own gold. It's mostly useless and the only value is in what other people are willing to pay for it. Silver, maybe, but I still think inflation won't be rearing it's ugly head for 2-3 years.

Additionally, yes, I gave the specific timeframe of June 2010 because I believe that a rally to 1,000 or even 1,200 is possible. But in the end, blind optimism won't cure what ails the economy.

Ryan