The January 2013 NASA forecast for the development of Solar Cycle 24 is out.
The current prediction for Sunspot Cycle 24 gives a smoothed sunspot number maximum of about 69 in the Fall of 2013. The smoothed sunspot number has already reached 67 (in February 2012)due to the strong peak in late 2011 so the official maximum will be at least this high and this late. We are currently over four years into Cycle 24. The current predicted and observed size makes this the smallest sunspot cycle since Cycle 14 which had a maximum of 64.2 in February of 1906.
With sunspot activity at this low level the planet will cool. It remains to be seen whether this is the start of something like a Dalton Minimum (SC5 and 6) or even a Maunder Minimum. This cooling has begun and global temperatures peaked about 16 years ago and are now declining slightly while carbon dioxide concentration continues to increase. It is only a matter of time before the belief that carbon dioxide concentration (whether man-made or not) causes global warming will have to be completely discarded. But there is so much money now riding on this belief (and even though there is only conjecture and no direct evidence for this belief), that we will likely see a decade or more of rationalisation of reality before the belief is abandoned.