Dear Members,
We are approaching towards the end of 2004; it will still be very early to analyze my 2004 prediction and your final balance sheet because 2004 is still holding four weeks in its hand. As I always say that planetary movement gives an overall picture to make your trade easy but the results depend on your birth chart. I believe that success in investments in a certain sector is individual specific. This means that some individuals are more likely to benefit from technology stocks while others will do very well in gold stocks. Profit from investments depends upon an individual’s luck. Still, we all have to do our KARMA and if luck is in our favor, the right KARMA occurs; but if not, then the opposite happens. This is what we can call - time or luck factor, it is always remaining with us (some times on our side and some times on the opposite side). One can know what favor’s them and what always goes against them. We will talk more on this but first let me write this week’s newsletter on the unpredictable world financial market.
Prediction from 29 November to 3 December
GOLD
Some times my subscribers must be thinking that why I always start my newsletter with gold predictions. I have a very simple answer for them: GOLD IS A PHYSICAL SUBSTANCE. AS I MENTIONED PERSISTENTLY THAT IT PURIFIES MORE WHEN IT BURNS BUT NOT THE PAPER CURRENCIES, INFACT THEY LOSE VALUE AND IDENTITY.
IMPORTANT NOTE - GOLD IS A PART OF NATURE AND YOU ALL KNOW THAT I BELIEVE IN NATURE.
This week gold will perform very strongly with massive volatility. I just want go back in to the past and reveal it before I write on future because it is very important for you to make decision on it.
With the help of the planetary movement, I was able to make a few important calls in the past and I am keeping same theory for the future:
In 2001 September predicted that “by 27 November 2001 gold would bottom out”.
In 2002 March predicted "gold won't see $300 mark for next 52 years"
In 2003 January predicted "gold would trade between $325 and $400"
In August 2003 predicted "gold won't see $350 mark again in next 50 years".
In May 2004 predicted that "Even in worst scenario gold won't fall below $375"
In September 2004 predicted "Gold saying bye-bye to $400 mark forever"
In October 2004 predicted "Gold touching first important target of $448"
Now next target is $478, my predictions favoring gold it doesn't mean that I like gold too much. I always stay with the wave of nature and that is favoring gold at this moment and for the next 49 years. Once again I am confirming my prediction that gold will reach $1600 or even more in few years.
IMPORTANT NOTE: Most of all annalist and experts are saying "Gold is gaining because of the weakness of USA Dollar" but soon gold will prove them wrong by gaining strongly against YEN, POUND, EURO, USD and all other world currencies. During the current period it may take a few weeks to happen because everybody will start selling gold when dollar starts gaining (you can call this as external forces).
During this week USD will try to gain and that may put a little bit of negative impact on gold. During this week in the worst case gold can fall down up to $443 or I don't see know gold going down below $437 in near future and up side I am waiting for my next price target of $478.
RECOMMENDATION: One can book PARTLY profit in gold and gold stocks on rising because after this Friday a small correction will come.
ASTROLOGICAL TREND FOR GOLD:
LONG TERM - STRONG UPSIDE
MEDIUM TERM - UP
SHORT TERM - HIGH VOLATILITY IS COMING ANY TIME. I already mentioned this in my last week’s alert news.
WARNING - DON'T SHORT GOLD BECAUSE DURING VOLATILITY GOLD CAN EVEN TOUCH $498 IN FIVE WEEKS.
FINALLY GOOD NEW FOR METAL INVESTOR’S - MAY BE ON MONDAY OR IN FEW DAYS GOLD WILL WIN THE BATTLE AGAINST ALL CURRENCIES, SO GET READY TO SEE GOLD GAINING AGAINST ALL MAJOR WORLD CURRENCIES. I THING ALL BIG GOLD TRADERS WOULD LIKE TO SEE THIS.
SILVER
Silver is trying to find its own path which will be different from gold. Don't try to match daily price movements of gold and silver because they are walking on different paths. A Great sign for silver rise will come when gold will fall for one day and that is happening in two weeks.
This week as well as next week silver will remain very volatile. In the worst case it can fall up to $7.36 and up side $8.20.
RECOMMENDATION: One should buy or can add some position of silver in their portfolio. Silver stocks will perform strongly.
ASTROLOGICAL TREND FOR SILVER:
LONG TERM - STRONG UPSIDE
MEDIUM TERM - UP
SHORT TERM - HIGH VOLATILITY IS COMING ANY TIME
WARNING - DON'T SHORT SILVER BECAUSE DURING VOLATILITY SILVER CAN GO UP TO $9.80 IN SIX WEEKS.
COPPER/PALLADIUM/PLATINUM
During this week copper prices can form a new high. One can sell more than half position once it goes there or one can sell it on Friday.
Very strong rise will come in Palladium and Platinum prices from 12 of December, so hold your investment in both these metals. Soon Platinum will touch my important target of $1000.
CURRENCIES
All major prediction related currencies came very accurate in the last three years. Millions of currency traders are still trying to find out which method I used three years back when I called a great crash of US Dollar. Now time is very near to book profit those who took my advice and sold USD long ago but now again a very important (not million but billion dollar) questions arise that which currency one should hold in the bank during this erratic period? My answer will be Swiss franc for the next few weeks.
YOU CAN PARTLY BOOK PROFIT IN CURRENCIES BUT DON'T SHORT CURRENCIES AGAINST DOLLAR.
Early next year I will advise on which currency one can hold in the year of 2005.
OIL
I am satisfied that my prediction of oil reaching $55 fulfilled last month and at $55 I recommended my members to sell oil (my second favorite of 2004). Now stay away from oil for a few weeks or one can sell oil at this level. Soon I will come with a new prediction on oil.
STOCK MARKET
Since last twelve years I have been coming very accurate on stock market but since September 2004 it is not happening according to what I SAW, it may be because of external power of money is holding it but that can't work for a long period. I call 3 months early a crash of 2000, so may be this is same happening here. Still I see that the wave of nature is showing a very negative sign for the stock market. I am sure that the fall will be worst then 1929.
I AM SURE SOON YOU WILL RECEIVE A FINAL ALERT ON MARKET.
ASTROLOGICAL TREND:
LONG TERM - DOWN SIDE
MEDIUM TERM - DOWN
SHORT TERM - SIDE WAY AND APPROACHING TO FINAL POINT WHERE MARKET WILL TURN BEARISH
COFFEE
Prices of coffee are in the grip of nature. Don't short it thinking that it is sitting at a high price. Hold your position in coffee.
COTTON
For the next two weeks cotton prices will remain stable. Soon I will write on cotton movement.
GRAINS
Last week Sun spoiled the movement of the grains for a short period. My prediction still favors corn and soybean.
I know I write my newsletter in very simple English style and it is also not decorated or http page. Please let me know if I need any changes in it or if this simplicity is fine?
Thanks & GOD Bless
Mahendra, 28 November 2004