During the last week, gold crossed the $400 mark once again but settled just below it. Metal stocks were going up like there will be no tomorrow. I am happy to see the current bull run in gold stocks and gold prices because this is what I saw a way back. It is like the fulfilment of a dream. But do not take me wrongly; fulfilment does not mean that the bull-run is over.
Currently, gold is sitting at $398, just bordering $400 and not crossing over to the other side. The feeling of gold traders is why the gold is not quickly jumping over to the other side. The worry for the short traders and hedgers is why the gold is not quickly coming down.
However, gold will not move in the way that investors/buyers or hedgers think: Gold will move where Jupiter takes it.
Currently, I see Jupiter holding the hand of a baby (gold). The baby is crawling and learning how to walk. Jupiter will surely take the baby to the other side (400 level) and will not let go of the baby's hand. Jupiter wants to train the baby and therefore will not leave him because he is still young.
I am not able to give detailed weekly predictions here because it will be unfair for my newsletter subscribers.
My long time prediction for a bear trend is coming this week. In fact, it started 20 days ago but the US market was hanging around level 9750. During this week, the market will crash around 300 points or more.
I thank God and Astrology because the Euro, Pound, Rand (strong upward trend with price indications) and US Dollar trend have followed my astrological predictions very accurately. I am happy and proud with astrology because I was able to accurately predict through the planets.
Market gurus and technical analysts predict by daily technical charts but astrology can give something well in advance, before anyone even thinks about it.
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Contemporary issues in religion generating controversy including the consecration of gay bishops and Jihad are given prominence.
Thanks & God Bless