Today's Trade & News

Dear Friends,

Metals:

We had mentioned in our this week newsletter that gold and silver would move up sharply on Tuesday and would remain positive on Wednesday, and at this stage we can see that happening. In our weekly newsletter we predicted “Mars indicating that metals will move up from Tuesday and they will remain up. Whatever power metals has will show on Tuesday and it Mars will push silver and gold higher but take this rising trend as selling opportunity will come, so wait for over update.

I will recommend sell small position in metals on late Wednesday and more by late Thursday but wait for our update on Thursday as we can change our view as we want to watch Mars movement.

OIL

We predicted an uncertain trend in oil and we hold our predictions. Do not to get involved with oil as there are many other opportunities in the market. $38.80 is broken so there is a higher probability that oil will see new lows but buy natural gas today.

Grains and soft:

We predicted a weaker trend in grains this week and they will trade weak for the whole of this week so hold your short positions.

Stock Market:

We strongly believe that 7800 for Dow is an important level and we believe that it will not trade below this figure (it can happen for a few hours or maybe a day but that will be a great opportunity of buying).

Currencies

Trade all currencies as per the newsletter predictions, buy dollar at lower-side range which was mentioned in the newsletter. We have also mentioned higher and lower-side target in all currencies.

Important note: Make daily trend as per weekly newsletter.

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Recent fire in Australia

It is sad for Australia, and we must pray for those who lost beloved and assets, God give them strength. Here is what we mentioned in our last book “2008 & 2009 World & Financial Prophecies”

This below part is from page 9/10 and 57/58. 

Drought

If you are reading my book and if you have gone through the chapter on Australia then you have come to know that how serious drought situation that I am calling in Australia is. The fire and the solar planet sun will give too much power of fire to Saturn and unfortunately Saturn will be moving on from Australia for the next two years so there will be a huge problem of drought because Saturn will not allow rain to happen. Even if the rain comes in some parts in the rainy season the rain will be for the short rise and it will be aggressive so in other terms that will also damage and it will not benefit the people. Once again let’s come back to the drought situation in Australia. I see a serious threat to millions of animals, plants, trees, as well as if humans live in interior parts of Australia. From April this year, Saturn will be transiting from the center part of Australia and it will do extensive damage there and this transit will continue till the 2009 October. Once again I request the government and authority to watch the situation very closely and they must prepare for this national disaster and if they see less rain in the weather forecast then they should not be hiding, they should release to the public. This drought will also affect on agriculture and we are all aware that Australia is one of the key countries in the production of wheat so wheat prices can sky rocket during 2008-09. The drought will also adversely affect to the countries financial market on GDP as well as on currency. We pray that nature gives minimal effect.

Currently Australia is going through a stable pace of time. There will be stability in each and every area like property market. Industrial and mining activities will do well. General business activities will be growing but unfortunately I am coming out with the worst news for Australia and that is a drought. In 2007 drought affected Australian economy but still the impact was not that huge. 2008 drought will be one of the worst national disasters. The farmers and Australian government should prepare well in advance to take whatever major precautions that they like which can less affect the local people and the farmers. I will highly recommend that people should save or store food or especially wheat as wheat prices will sky rocket.

Drought will also bring the problem of water supply so I request the government to take necessary steps in remote areas where people live as well as they should create come kind of water deposit for animals because their life will come under threat of non availability of water on the ground. This severe drought may bring the problem of fire and I see the worst fire problem happening in 2008-09 in Australia. In the summer season the temperature will rise very sharply in the desert and this may bring some kind of change in climate after the summer.

The drought will also affect Australian stock market in the middle of 2008 between April to July. Australian dollar has achieved the top in 2007 and from here the trend will remain downwards in 2008 as well as in 2009 and during these two years Australian dollar will touch 0.60 against the USA dollar.

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I was at my Guru’s Shamadhi”, Here is my Guru, there are quite a few similarities between him and Nostradamus

Thanks & God Bless

Mahendra Sharma

www.mahendraprophecy.com