Dear,
Below is a small part of this week’s weekly newsletter and it is completely focusing on FED and Powell’s actions, it seems scary the way Powell and FED officials are acting. In 2021 we predicted inflations to rise and rate rise but I never expected this aggressive hike because it is not showing in our cycle theory. They shouldn’t go against nature because these many hikes were not written in nature and the Astro cycle.
If FED stops hiking the rate and starts making the right decisions for the USA then we may see S&P going toward 7500 and NASDAQ 23911, and the next 11000 and 45000 for NASDAQ in the next five years before everything meltdown from 2029.
On Monday Markets, metals, and currencies are trading As mentioned in our weekly newsletter and daily flash. We always release our weekly newsletter on Sunday at 3.00 PM and our daily letter 15 hours before markets open.
Here below is a small part of the weekly newsletter 17-21 2023:
Weekly Newsletter from 17-21 April
I see a warning sign if the exhausted and visionless FED Chairman Powell keeps making decisions like this. He must change the way he is thinking otherwise he may take the US into a dark era……
Dear Members,
In my career, I have never spoken negatively about anyone but today I feel like I have to say something. In February 2009 I said that Ben Bernanke will turn around the US economy and housing market crisis because his Astro chart was great, and he started making decisions that were in line with what I saw, so I doubled down on my prediction of the US coming out from the financial mess quickly and starting a historic bull market in equities, and the rest is history.
It is always very easy to criticize anyone but if someone is constantly making errors, whether knowingly or unknowingly, then we have to approach them and wake them up. Right now the whole FED team acting like they are the smartest people on the planet and they think they’re doing a great job, but I believe they are making a historic mistake and taking this country’s economy in the wrong direction or into darkness.
There are special or extraordinary people on this planet and when they take charge of jobs they make changes in the world. Look at Henry Ford, Steve Jobs, Bill Gates, Elon Musk, and many others. If one is doing a very mediocre job sitting in an extraordinary position, then he or she is a waste at that institution and can take the whole country in the wrong direction.
If you ask me to rate Powell as FED chairman, I will rate him as the worst FED president in the history of the FED. His Astro chart doesn’t excite me either. The US has millions of people more intelligent and better equipped to handle the job of the FED. POWELL looks exhausted and doesn’t have any vision or idea of what he has been doing.
Powell’s hiking of the rates is one of the worst decisions because this time the reasons were unique to rising inflation:
The Fed is completely focused on inflation numbers, but the world just went through and is still going through some significant events like Covid, the lockdown, the disturbance in the supply chain, and the Russia-Ukraine war.
Trillions of dollars were being pumped senselessly causing people to buy everything even at higher prices.
The pandemic brought the culture of working from home, and people are still trying to find jobs that can give them the option to work from home creating some shortages in the job market.
There is a long waiting time to apply for a USA Visa in many countries. For example, right now there is an 18-month waiting period for a Visa appointment in India (desired workers are not able to come to the US).
The Fed wanted to cool down the housing and rent market by hiking rates, rather than hiking so aggressively. They should allow aggressive new housing projects for the middle class in every important city where a large number of the population is concentrated. The USA has to build new housing projects at the fastest phase rather than throwing people out of their jobs or bringing the unemployment rate higher by manufacturing a recession, this is horrible policymaking from the FED.
As per the current policy, the Fed is creating a tough environment for corporates for new hiring due to the uncertain economic environment. The Fed also doesn’t want people to buy houses by creating expensive loans. Expensive loans and higher housing prices are pushing the younger generation to rent, and rent is becoming very expensive. So, they are left with two choices, they can either give up their jobs if they can’t afford the rent or go back to living with their parents.
The FED’s move will bring down productivity, and this will take the USA backward not forwards. USA tech and Biotech companies spent billions to bring cures and make human life better and safer, so why does the FED want a recession? Why do they want corporates to suffer and be forced to lay off employees? Why do they want lessor job numbers and lesser economic activity to bring down inflation?
It is like if one can’t carry their own weight due to medical conditions and the doctor advises the person to amputate an arm and a leg to reduce their weight. The doctor says you will still be functional with one arm and leg, and you will survive. This doctor is incapable of finding medical solutions, so he/she is looking for the easy way out, and this is exactly what the FED is doing right now. They have very simple tools which they are using brainlessly so what a smart job they are doing. This JOB can even be done by an economics graduate student. We need to have an extraordinary person for this job because this is a very important job.
The world is dividing faster, and the dynamics of geopolitics are changing and will remain like this for some time. Make America an economic powerhouse that everyone would like to do business with. Every American should have a job and be a participant in the economy rather than getting fired from their job because the FED wants you to lose your job. Create enough resources and make policy aggressive! Work day and night to face any challenges from any nation, whether it is economically or politically. The USA shouldn’t be working hard to find friends and allies, the world should come forward and want to work with the USA.
Yes, I sound patriotic and there is nothing wrong with it. Rather than sitting and watching the pain which FED is causing, I am warning them that they can end up taking the USA on the most dangerous path of economic crisis. Many emerging market countries are not hiking rates and their currencies are gaining value against the USD. Why isn’t that surprising to us? Energy and metals prices rose every time FED hiked the rates, it is a mockery of the FED.
I am aware of many important people and all kinds of institutions (Government and financial) watch me closely because of my work only because I have a great past track record. I hope they will stop hiking rates and work on areas that can work as substitutes for rate hikes and put every American on the path to progress rather than pulling them back and giving them sleepless nights.
He should stop hiking rates! Give some confidence that the economy will do very well, and everyone will have a job. Give people the opportunity to grow alongside the economy. Let’s have the best employment and GDP numbers, there is nothing wrong with that. Killing the economy and Jobs is not the way that the FED should be working.
Mike just send me an interesting ChatGPT, what A.I. thinks about me. It is nice to know, thank you, Mike.
Let’s talk about the markets. Last week everything traded as predicted. I just received an email from one of my original members saying, “Mahendra, your view is very bullish on the market as well as certain commodities, so how should one allocate their funds in the market and commodities?” I thought this was a good question, so I decided to answer it in the letter and thought that this could be helpful for our other members too.
As per what I see in 2023, you can allocate money as follows:
I still recommend investing 65% in stocks and indexes, 25% in commodities, and 10% in swing trades. Allocate 25% in commodities like gold, silver, cotton, and coffee. The remaining 10% should be used for swing trading in currencies, grains, and energy. We always mention swing trades in our weekly letters, and focus on these 3 areas for swing trading as they won’t have a clear one-sided trend.
Our view for silver is very bullish, so whatever strategy (physical, futures, call c options, ETFs) suits you, go ahead and follow that as you know your finances and risk-taking appetite. Gold, Silver, and Coffee may breach historic highs in the next 3.5 years, which means that silver will move above $50; Gold is already close to a new high; and although Coffee is far from an all-time high, the chances of it happening look very good.
So far in 2023, we are very happy with our accuracy and hope to keep guiding you very accurately our book “2023 Financial Predictions” has proven miracle book for buyers.
Here is this week’s newsletter from the 17th to the 21st of April 2023 for metals, indexes, energy, currencies, grains, softs, and bonds:
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https://www.mahendraprophecy.com/weekly-newsletter-subscription.php
Thanks & God Bless
Mahendra Sharma