The News UNIT still expects a substantial stock market correction taking the DJIA down to near 10,000 and possibly lower. GOLD has a good chance at testing $1,000 and SILVER goes into the TEENS. I do not believe in treating technical analysis as absolute rule. Also the U.S. DOLLAR INDEX will rise but the cost of living will not improve for Americans. The weather may also be a concern for this year's crops as a dry weather pattern is setting in across the nation.
As for the Obama administration: I expect they will continue to take the country into the direction of their globalist agenda and subvert the U.S. Constitution along with an already perverted Congress who has been almost entirely paid off by the banks and corporate cartels.