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Today's Trade & News

Small part from this week newsletter, gold toward $2800 and silver $80 so shell we buy now or wait to buy at $650?

Dear Members,


WE ARE VERY CLOSE TO A COMMODITIES BEAR MARKET


A lot of people questioned our call of metals moving with the Dollar trend, but the last three months have vindicated our call. Metal investors who gave serious thought to our prediction were prudent to buy metals against world currencies, including the Euro, Pound, Australian and Canadian dollars. While gold has significantly gained value in the last six months against all currencies except the Yen, the gain against the USD has not been very significant compared to the other currencies. Over hedging the dollar buying position against other currencies proved a shrewd move that has saved us tones of money. Last year in August we recommended another hedging position for metal lovers; that is selling oil against the metals buying position. Though it is ultimately your decision about how you wish to plan investments, you need to be aware that holding and investing in metals at this stage is quite risky. Indeed, it is akin to our warning of disaster to oil investors when it traded at $110. Not unexpectedly, the prediction was treated with derision by some investors as oil surged from $110 to $140. These people have now disappeared after the phenomenal crash of oil.


Nothing is safe at this stage except the stock market and the dollar, therefore caution is necessary as regards commodities investment. One should avoid buying following declines or in the expectation that the bottom is on the way. Indeed it will be very difficult for commodities to immediately find their footing or rise, and this includes oil. The bear market in commodities is poised to persist for a long period from the middle of the year. The recent fall of oil cannot be called a bear market; it is rather the bursting of the oil bubble. The bear trend will now begin, and every rise should be taken as a selling opportunity. I am by no means declaring the death of oil, as time will come again for it to bounce back. One cannot however be sure that it will attain the $145 levels.

Metals will soon enter into a long term bear market, but gold has to reach the bubble bursting stage before that happens. The current rise in gold prices is a mini-bubble, for I see gold prices rising to mind boggling levels after 2014. There will however be a weak trend before the start of this bull market, and I can’t tell how low gold and silver will decline. We have predicted that $550 to $650 is a distinct possibility for gold in 2010, while that of silver is $5.50 to $7.80 for the same period. I see gold prices reaching $2800 to $3200 after 2014, and silver reaching $50 to $80. A very interesting trend will emerge in metals, in addition to some other exciting trends including the Dollar and Dow Jones.

It is impractical to buy gold and silver at this time just because they will rise to $3000 and $80 respectively as one may not be able to hold when the bear market begins in 2009 and 2010. One should therefore wait patiently and seize opportunities that nature and the planets will certainly bring our way. In 1997 we got a golden opportunity in Technology, and another great chance came in commodities from 2001. One of the most interesting predictions that the planets have ever given us is the US Dollar prophecy, and looking at the value of currencies today reinforces my faith to trust astrology and hold its hand till my last breath. I don’t wish to become egoistic or get carried away by pride as I also have had several failures due to ignorance. These incidents have made me stronger. Respecting ones failure and accepting it publicly is rewarding as nature and the God within is proud of that acceptance. It paves the way for future success. One should therefore not be in ignorance. Trust astrology because no other study in the last hundred years has given the kind of predictions that astrology has given us in the last fifteen years.


I have previously stated the importance of interpreting individual birth charts in regard to gains and loses; a service that can be procured by consulting any good astrologer. A few months back I announced that I would be reading members’ charts, and many have taken up the service. However, I shall be unable to read charts for the next two weeks and anyone interested in the service can send me an email after about ten days.

Here is this week’s newsletter for 16 to 20 February 2009.


GOLD/SILVER
For the first two days the Moon will be transiting from the house of Scorpio....



PLATINUM/COPPER/PALLADIUM
These commodities will...


COFFEE/COTTON
We had recommended selling both soft commodities last week, and they actually declined more than ten percent.  We...

Last week we were clear on fall of these both soft commodities by ten percent.

 

COCOA/SUGAR/ORANGE JUICE/LUMBER

This week is a great time to...


STOCK MARKET

The Moon indicates that a misleading trend will come in the stock market. Be on the lookout for it. One should not trade aggressively on Monday and Tuesday since the Astro cycle is negative for the Asian and European markets....


GRAINS
Last week grain prices traded as predicted..


OIL
Last week oil traded as predicted, and we see it moving to $38.80 but...


CURRENCIES
The Dollar was quite positive last week while the Japanese Yen paid good returns to our members....


IMPORTANT NOTE: we shall see many false trends on Monday and Tuesday and one should therefore avoid trading. Late Wednesday or early Friday will be the right time to take a big position. Meanwhile, wait for our Thursday update.


BEST TRADES THIS WEEK

• Sell cocoa, sugar, cotton, coffee

• Sell the Japanese Yen

• Buy the USD on weakness

• Avoid oil and stock market as they will witness huge volatility on both side


Thanks and God Bless

Mahendra Sharma, 15 Feb 2009

www.mahendraprophecy.com