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Today's Trade & News

Gold/USD battle and Gold down but.....

Dear Friends,
I predicted this week that soon relationship between gold and USdollar would break. I expected this sign this week that is why I predicted gold prices to stay around $409 on down side for this year but dollar still playing spoiling role for gold today. In my newsletter I predicted gaining of USDollar from this week. Dollar will gain also next week.

So this is final battle between gold and USDollar. Soon Gold will win this battle.


I am writing soon on USDollar.

FOR SHORT TERM I KNOW GOLD INVESTOR'S ARE HURTING BUT FOR LONG RUN NOTHING TO WORRY.

May it will take one to two weeks for this old relationship to beark first time in history. I am not upset with this wrong prediction for gold because I know as soon as this relationship break then I am expecting gold to fly higher and higher every month in year 2004.

Don't get worry on today's downward trend and don't sell in emotion because gold and silver will fly up next week. Even may today it will recover. 

Thanks & God Bless
Mahendra