The last week I talked about the current volatility in the market. According to present planetary positioning, this volatility in commodity, currency and stock prices is poised to persist. Indeed, the swing will be so huge (either on the up or downside), that those who don’t book profit may regret after prices drop. We are here to make money and the world is changing so fast that we have to constantly make adjustments in accordance with emerging trends. A good example is the price movement of the Canadian dollar and British pound in the last seven trading sessions. Furthermore, we saw a similar trend in metals. In addition, more and more people are getting into the market, which means more money, ego and fighting in the battleground of the world financial market, which also means that some people will be hurt or wounded.
Once again I would like to focus on the European market and the future of Europe because as am worried about its social, economic and political outlook. If I was handling anybody’s money, I would put two dollars out of a hundred in Europe, 35% would remain in the USA market while the rest would go to emerging markets. My prediction is that Europe will plunge into major turmoil and my European investors should therefore have a good plan for the next ten years.
I would also like to bring to your attention another important market and investment region, that is India and China. Both countries will be powerhouses and they will create enormous wealth for investors in the next four years. In my first article on India in 1987, I said that India would become an economic superpower around 2005. Though the country has yet to attain the status, it has definitely achieved great success. Both India and China have been creating enormous amounts of wealth in the last two years and I know people who have made 20 to 30 times of their original investments within the last two and a half years. Indeed, there is still plenty of room for investors to make money for the longer term in these markets. When you see the list of fortune 500 companies or the top billionaires after three years, do not be surprised if 50% will be from India and China. Of course the two countries face numerous challenges ahead, but the overall outlook for their future is very bright if the challenges are effectively tackled.
I first became a sub-broker in the Indian market at the age of 20 and started my career in the financial market. I have been trading and watching this market for the last 20 years and I will be glad to advise those who want to invest in the Indian market – just send me an email. I am personally aware of the backgrounds of over 2000 publicly listed companies and those who want to take advantage should therefore not hesitate to write to me. I will be quite happy to assist, as I am always glad when someone makes money, even on my advice. In the last three years I have done a lot of research on the Chinese market and I also have a list of many publicly traded companies.
The last 20 months have seen a lot of ups and downs for my advising career but today I feel that the experience has made me mature. For the last 20 years my success rate has been so high that my ego could have given rise to overconfidence hence the punishment. Nevertheless, an up and down cycle is inevitable in everybody’s life and I cannot therefore remain untouched. I now feel emboldened and clearer in my thoughts and predictions. The uncertainty and confusion that was created by nature or hidden power has now been cleared from my mind.
Once again I wish you good luck and I wish the same from you to me so that we can walk on the path of success.
The weekly newsletter for 19 to 23 November 2007.
GOLD & SILVER
Last week metals traded in accordance with planetary movement. This week I see a sharp rising in gold and silver and I recommend buying gold and silver on Monday and holding till Friday. Any intra-day decline during this week should be taken as a buying opportunity. Gold and silver could move nearer to the previous high this week, but I very strongly recommend that you book 100% profit on Friday.
PLATINUM, PALLADIUM & COPPER
These metals will also rise during this week together with gold and silver. Any short should therefore be covered on Monday, and sell back everything on Friday.
This week all the major markets will trade positively. Base metals, metals, energy and alternative energy stocks will rise sharply in all major stock markets. I highly recommend short term buying in all major indexes, but one should remember to book profit by Friday.
COFFEE & COTTON
Coffee and cotton prices will rise sharply from Tuesday. Hold your position in coffee but one can book profit in cotton on Thursday.
ORANGE JUICE & LUMBER & SUGAR
We shall see a sharp rising in orange juice and sugar this week, therefore one can take a buying position and hold the position in sugar, but one should sell orange juice on Thursday. Lumber prices will rise on Tuesday and Wednesday, and short-term traders can therefore buy on Monday as I see prices moving up more than five percent.
This week prices of 30-year treasury bonds will rise sharply from Monday to Wednesday. We shall however see weakness on Thursday and Friday.
The grains bull market is nearing its end. Just like we called a crash in wheat prices two months back, they could decline quite sharply. As a matter of fact, do not buy any grains at this stage. One can buy puts and sell calls on Friday of the next three months as soy bean, soy oil and soy meal will crash more than 30% in the same period.
This week oil prices will trade in a mixed trend. Unfortunately, the last degree of Jupiter does not have a clear sign, meaning that I am unable to guide you properly in regard to this week’s oil trend. However, I don’t see much action on the whole for oil, and it will trade according to technical points. On the down side, I see oil touching $91.80 while on the higher side it will move up to $97.80. On Monday and Tuesday oil may trade sideways or weakly, while it will rise sharply from Wednesday to Friday, therefore plan your trades accordingly. I highly recommend buying natural gas on Tuesday.
What a strong rise of the US dollar against the Canadian and Australian dollars as well as the British pound. These currencies will rise against the dollar on Monday, Tuesday and Wednesday, but they will sharply decline on Thursday and Friday.
The Euro and Swiss Franc will make a new high, therefore watch closely. The Japanese yen will lose value against all world currencies and it will lose sharply against the US dollar.
Load your boat with the US dollar against commodity currencies on Friday. This week the dollar index will not do much as it will remain weak against the Euro and gain against the Japanese yen. This will therefore keep the US dollar trading within a narrow range. It is great opprotunity to buy Dollar around $0.75.
THE CURRENT WEAKNESS OF THE DOLLAR AND THE RISING TREND OF COMMODITIES MATCH WELL, BUT THERE WILL BE INITIAL PRESSURE ON COMMODITIES WHEN THE DOLLAR STARTS RISING ANYTIME FROM WEDNESDAY THIS WEEK. THIS WILL BE EXPECIALLY IN METALS, OIL AND GRAINS AFTER THIS WEEK.
MY HUMBLE REQUEST IS THAT YOU GET OUT FROM METALS AND METAL STOCKS BY FRIDAY. IT DOESN’T MATTER HOW MUCH YOU LOVE METALS. I KNOW THAT AROUND 50% OF MY MEMBERS ARE FROM THE METAL COMMUNITY, SO IT IS IMPORTANT THAT YOU TAKE MY MESSAGE SERIOUSLY.
I want my weekly predictions to be short and to the point from now on and I am certain that you will like to make short term trades as per the weekly newsletter. Please don’t forward my newsletter to-non subscribers. Anyone who wants to subscribe can send me an email to receive trial newsletters. My cost for the newsletter is nothing compared to the current volatility in the market or the amounts that you trade with everyday. Even a small trade can cater for the cost of the newsletter, therefore be generous and ready to spend money on the newsletter and I am sure that you shall gain.
Subscribe weekly newsletter, Daily cost is $9 only. https://www.mahendraprophecy.com/newsletterssubscribe.asp
Thanks & God bless
Mahendra Sharma, 18 November