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Today's Trade & News

ANOTHER RISE...SMALL PART FROM MY THIS WEEK NEWSLETTER..

Dear Members,

In the last week, the US dollar confirmed that it will move without regard to the direction taken by the US economy. Even the deficit issue doesn’t seem to matter. Prices of hot commodities like oil and industrial metals have been rising, with the consumers not having much choice other than paying silently.  In this case the European and Asian countries will have to pay more if their currencies continue to decline. This will surely result to imbalances in economy in the different regions if commodities continue to move up while currencies go the other way.

 

I shall write more details of this in regard to year 2006: my book is due to be released early next year. As for this year, it will be interesting to watch price movements of commodities and currencies.

 

Let us see what is indicated for this week:

 

PREDICTIONS FOR 7 TO 11 NOVEMBER

 

GOLD

 

SILVER

 

PALLADIUM/COPPER/PLATINUM

 

GRAINS

 

COTTON

 

TREASURY BOND

 

COFFEE

Coffee moved up sharply in the last week. Coffee has shown signs that there could still be a lot more pending in future as far as price movement is concerned. I expect it to touch $106.90. To move higher, it should trade above this mark for three days, after which it could attain the $111.80 level.

 

STOCK MARKET

 

OIL

 

CURRENCIES

The dollar touched a new high and I am very proud of astrology/nature wave because thanks to it, some central banks in a few countries are became a member of my newsletter service. I feel that rise and fall of currency is one of the best predictions I have made in my career. I first recommended buying the Euro at 0.83 and selling right at top at $1.36, predicted the fall of the dollar in 2001 and also its rise in December 2004: at the same time, I made the a comment in regard to the dollar and gold rising simultaneously- “they both will walk together holding each other’s hand”. What else do smart currency traders require? “ALL CREDIT GOES TO NATURE”

 

This week the dollar will touch another new high and all other currencies should decline. However,....

 

I AM CURRENTLY BUSY WITH MY NEXT BOOK.

 

I AM HAPPY WITH THE SUPPORT OF ALL MY MEMBERS AND I WILL TRY MY BEST TO GUIDE THEM ON THE RIGHT PATH.

 

ANOTHER 50% PRICE INCREASE FOR THE NEWSLETTER SUBSCRIPTION WILL BE IN THE NEXT FEW WEEKS. PLEASE NOTE THAT EXISTING MEMBERS WILL NOT BE AFFECTED. CURRENT MEMBERS CAN RENEW OR EXTENT IN ADVANCE AT CURRENT PRICE. MAXIMUM RENEW PERIOD IS ONE YEAR ONLY AT CURRENT PRICE.

 

Thanks & God Bless

Mahendra 7 NOV

www.mahendraprophecy.com