Since, 2000 I was very optimistic about the growth of
My coming book has detail predictions on
Today’s update on markets:
We are at the last stage of ending bull cycle in commodities and on the other hand major turning around of US dollar is on the way. Keep yourself calm and watch situation very closely. I may come wrong for few days and that is fine with me because my job is to provide overall trend of the future.
Don't buy gold, silver or oil during any fall, yes if you are making money then cover the position partly. Sell metal stocks as bull-run is ending. I still hold my predictions that gold won’t able to move above $948.80, Silver $17.88 and oil $99.80. Currently gold is trading at $938, silver is around $17.31 and oil is at $92.10 and at these prices one can sell the position or can go short.
Fall in commodities will be a severe one so please watch your position carefully and at the same time dollar is ready to move up like fire. Next week weekly newsletter will be the most interesting one as I am writing predictions on Canadian/Australian dollar and South African Rand as well as on future of Africa.
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Thanks & God Bless
Mahendra Sharma, 1 Feb 5.00am