The first few months of 2011 should be very positive for the markets. Then late March congress has to address the US debt ceiling. Spain will be close to defaulting on some short term debt in mid April and need austerity\and or bailout. China is continuing to fight inflation and needs to slow down their economy. In May, US housing starts the double dip down in earnest as foreclosures and back inventory gets put on the market.
Much has been talked about and even on this this board about the possible conflicting interests of a large financial institution having a huge silver short and recently disclosed huge copper long. A couple copper ETFs are also starting soon. Consensus is copper will get driven up to $6. This creates the potential for a huge crash. What the hell are they going to do will all that copper when demands slows and they drove the price through the roof... think natural gas.