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Today's Trade & News

This week newsletter...

Dear Friends,

This week in my newsletter I Said. Tuesday metal fall very fast but I don't see connection of that fall with astrology, so I am taking that fall as market forces as well as short term.

 

Today Friday I have predicted very strong rise in metal so we will see after 3 hours when USA market will open.

 

LET’S SEE WHAT THIS WEEK HOLDS FOR THE WORLD FINANCIAL MARKET:

PREDICTIONS FOR 19TH APRIL TO 23RD APRIL:

 

GOLD:

On Friday gold closed positive and those who have been reading my work for long know that Friday is a negative day for gold and if Friday remained positive then this is a positive sign for gold. In my theory of prediction on gold I have fourteen astrological combinations and Friday is one of them, which help me to predict on this metal.

 

Today is Sun eclipse. History says that on eclipse day metals always falls but today will be a different day because metals will rise strongly and it will win battle against the eclipse and it will show the hidden power of gold. This whole week gold will remain very strong except on Thursday. From Monday, Wednesday and on Friday gold will rise very strongly and many analysts will get confused with this sudden rise. Those who want to buy can go ahead on Monday but don’t sell on rising or fall. When silver was trading around $5.45 I used the word “please don’t short silver” and here for the first time I am using the same word for gold.

 

SILVER:

Hold your investment in this metal or around $7.60 one can sell for the short term. On short term I am not very bullish on my favourite metal of 2004. Now for this year around $6.80 will be the base line or the bottom point for silver.

 

OIL:

On Monday or Tuesday one can sell buying positions in oil. This is also one of my favourite areas of investment in long run for 2004.

 

STOCK MARKET:

I am holding the same prediction of a downward for the market. This week we could see around 3% down in DOW JONES. This will also affect other world stock markets.

 

CURRENCIES:

Finally the US Dollar will start on a major downward path. I am recommending buying the EURO, FRANC and POUND during this week.   

 

COFFEE

I see this week as a great opportunity to buy coffee and orange juice, time has come for them to move up any time from this week.

 

WORLD EVENTS:

A few weeks back I predicted that major uncertainty would arise on the Middle-East as well as in Iraq. Many hundreds will die before 15 May. We pray to God to give wisdom to our leaders.

 

Thanks & God Bless

Mahendra