Hi Friends,
Here is Tuesdays update:
Dear Members,
I was unable to send any update as I was traveling so I put update on my website on Monday evening, got delayed by 16 hours and just reached Santa Barbara.
US Dollar moved down sharply more then our expectations, we are wrong there for first two days but this can be false trend so I won't lose hope. One can hold the position because this is life time opportunity to buy or add more position, it doesn't matter what world says about dollar because we see USD going to 150 from 80.
Metals moved up on and still few positive days are pending but most important will be Thursday, if gold move down on Thursday will confirm that gold is moving down to $650 and silver $6.80 with in medium term so watch markets very closely, don't ignore any trend. If gold moves up on Thursday than metals can remain in positive trend for another 12 days. Plane your trades according to this update. Once again Gold can move up to $883 and silver $11.73.
Oil is not moving up as we expected it move up during first two days, so predict sideways or weak trend but Thursday again it will be crucial time for oil and it is move down will bring negative news which can bring down oil toward $32.30 but I think oil may hold $39.80.
Wait for Thursdays update, but you have to subscribe for newsletter as I won't able to put on website on same day or few days from here now. Subscription cost is nothing against risk you take in market.
Great time to sell all other commodities, Wednesday or Thursday can be major turn around day for dollar and fall of commodities.
Thanks & God Bless
Mahendra Sharma, Tuesday 14.10 Santa Barbara
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Past, present and Future is cycle of life
Dear Members,
Global investors are currently going through a very interesting time frame, and they should learn from this experience as events of historical significance are taking place. Every time a new event occurs, it quickly becomes the past and forms part of history, but some of these events have profound influence on the way the world is shaped after they occur. Crucial lessons must therefore be learnt from them, especially in regard to the financial markets. Last week the British Pound reduced the interest rate and many people recalled that the interest rate was this low some centuries ago. Furthermore, the interest rate in the Euro is also down to a level no one could have imagined six months back. If you may recall, Mr. Trichet was aggressive on interest rates and talking of speculative rise of commodities six months back. Unfortunately, today Europe is paying dearly for his mistake, and this is set to continue for a while. We constantly warned that a
massive crash in oil was on the way and recommended the USD as the “ARK”. However, Mr. Trichet and many central banks increased interest rates in early 2008 while the USA was doing the opposite.
We supported Ben Bernanke and were confident that his efforts would have positive results for the USA in the medium and long term, while economies of other countries would melt down. The current time is a serious one and it should be treated as such by all investors. It is time to meditate and avoid ceaseless debates as to why oil fell to $40, why the US Dollar is rising or why the bond yield is at historic lows. As people argue and trade accusations about deflation and recessions, serious investors try to find value in all market conditions without wasting time and energy on fruitless squabbles. As I have stated many times previously, one can only become a serious investor and make money in the long term by getting rid of love and hatred for any particular market or financial instrument. Markets wait for you to make money in them, but only if you walk with them, not against them. We would like to keep it very simple from today, as we are here to make money. We therefore don’t want to engage in arguments about issues, but simply hold the hand of the markets, walk with them and make money.
Do not ask me why or how the DOW will reach 32000 in coming time: we simply believe in the wave of nature and that it will propel the DOW towards that path. Once we get onto that path and the journey begins, factors that will lead the DOW towards 32000 will combine and come into play. Of course it is difficult to see the DOW reaching 32000 if we look at today’s scenario, but our theory is different and it has guided us quite well on most occasions in regard to long term trends. Indeed, the kind of track record based on this prediction theory has been incredible and all thanks go to Astrology and planetary movements.
Last Friday Payrolls dropped by 533000 and the Dollar was still rising, and the market recovered strongly during the last hours of trading. People keep on arguing about every point, and many are worried about the USA and global economic situation. Despite all these, my mantra remains the same: one should tightly hold the hand of the USA Dollar and you shall weather the storm. You risk being swept away if you hold a weak hand, but I am a 100% sure that the USA and the USD will be the best refuge.
One should avoid Europe as they don’t know which way they are going. Japan survived the 1987 turmoil, but it was still unable to come out from that crash - the same story could be repeated with Europe. Earlier this year we were very negative about China and India’s growth, and this is still not over and it will take a few years before you can diversify. At this stage gold is not a safe haven, and though some people called the USD “toilet paper”, this paper will make money for those who will stay with it.
Let me state once again that we are very focused on the DOW, the USD and alternative energy; and recommend that you also focus your attention on these areas as well.
It is quite amazing that one will risk losing thousands of Dollars in today's market, but also connive to cheat and get something else for free. If we are honest, nature will pay back every penny. This newsletter is only meant for you: my karma and your luck are attached to it, therefore please don't distribute it.
Financial letter from 8 to 12 December
GOLD/SILVER
This week metals will remain...
COPPER/PLATINUM/PALLADIUM/LEAD/ZINC/NICKEL
All these base metals have been trading weak as predicted. Copper came down to $135 which is one of the important commodity for industries. Any way we should talk about purely astro-cycle and current planetary movement indicates...
COFFEE/COTTON
Last week both of these soft commodities traded weak as predicted and this week...
COCOA/SUGAR/ORANGE JUICE/LUMBER
All these commodities will...
TREASURY BOND
Last week we recommend that one can sell 30 year bond around 136 but...
GRAINS
This week...
OIL
We officially predict that oil will...
STOCK MARKET
US Market rebounded on Friday on most negative news of payrolls. We expect Dow to outperform all of the other stock markets. This week keep adding stocks like...
CURRENCIES
This week US Dollar...
Thanks & God Bless
Mahendra Sharma, 8 December 2008
www.mahendraprophecy.com
