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By: CNBC.com | 20 Jan 2009 | 09:09 AM ET
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Global stocks were mixed Tuesday, while oil, gold and sterling fell ahead of U.S. President-elect Barack Obama's inauguration. Experts interviewed on CNBC expect further weakness for the precious metal, the UK currency and the Japanese stock market.

Gold to Fall to $650 Before Rebounding

Gold may fall as low as $650 in the first-half before rebounding above $1,000 in the second-half, says Ray Barros, CEO of Ray Barros Trading Group.

Oil at $50 for 2009

David Moore, commodities strategist at the Commonwealth Bank of Australia believes that the price of crude oil may average around $50 a barrel this year.

Nikkei 225 May Sink to 5,500

The Nikkei 225 Index looks set to head further South in the longer-term. According to the charts, Ray Barros, CEO of Ray Barros Trading Group says it could sink as low as 5,500.

Sterling to $1.37; Euro to $1.27

"The path of least resistance right now is really to take sterling where it was, at least where it was last November, and more," Ashraf Laidi, chief markets analyst at CMC Markets, said.

He sees the UK currency falling to $1.37 against the dollar this year, while the euro could fall to $1.27 versus the greenback.

Sterling-Dollar May Fall to $1.36

The sterling-dollar could fall as low as $1.36-$1.37, predicts Tony Morriss, senior market strategist at the ANZ Bank due to the dire outlook for the UK economy. CNBC asks him if this is a good level to buy sterling.

Pressure on Sterling Won't Last Long

The pressure on the sterling will likely continue into the short-term, says Thio Loo Chin, senior currency strategist at BNP Paribas. Although she expects sterling-dollar to test the $1.40 level soon, she tells CNBC it won't stay low for long.

Look for Blue Chips, Quality Stocks

Investors should be cautious when buying stocks because the recession impact remains unclear, suggests Anko Beldsnijder from MainFirst Bank. He sees analysts revising their earnings forecasts down in the first and second quarters.

"If you look at blue chips and quality stocks, they look attractive in this environment," he told CNBC.

He names Nestle, Roche, Novartis and Nokia as “well protected” stocks.

Too Soon for Bank Stocks

It's still too early to be positive on financial stocks, but there are some opportunities in banks’ bonds, Christian Gattiker from Julius Baer told CNBC.

Now Isn't the Time to Panic

It is not the time to be panicking and move out of the market because valuations have fallen way below 50% right now, says Lucinda Chan, divisional director at Macquarie Financial Services. She reveals where investors can put their money to protect their wealth.

Good Things Come in Small Packages

Smaller banks and brokerage houses in Hong Kong are in a better position than other bigger financial houses to survive this crisis, believes Peter Lai, director of DBS Vickers Securities.

Bullish on Asia Long-Term

Although Asia is in a cyclical slowdown, there is a long-term bull case for the region, says Peter Elston, chief strategist at Aberdeen Asset Management Asia.

Betting on Bank of China

China banks are Fox-Pitt Kelton's preferred picks within the Asian banking sector. Its head of research Jim Antos tells CNBC why his top pick is Bank of China.

Investing for the Long Term

“Investment isn’t a twelve month attempt to second guess the psychology of other investors. Investment is about buying a piece of a company and helping it to grow with the capital you dedicate to it, so that’s a three to five year horizon,” John Haynes from Rensburg Sheppards told CNBC. 

Now is a good time to invest in US companies on a long-term horizon, he added.

© 2012 CNBC.com
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