Dear Members,
This week metals, oil, and grains came down sharply as predicted and it was a fantastic call, and more weakness is still expected in commodities. The energy market looks horrible as predicted. As mentioned, Oil will be stabilizing around $84.00, but weakness will continue in heating oil and RB Gas. Our longer-term outlook for energy is not good at all.
Our view is extremely bullish for silver and gold for the medium and longer term. A short-term top has been achieved at $2070 and $27.71. Metals trend still looks stable next week but wait to buy gold around $1920 and silver $24.45. Base metals will remain uncertain, but Copper will enter our buying list, and palladium and platinum look negative.
The dollar is heading for a top, but emerging market currencies and the Australian dollar keep outperforming.
USA market gained value from perfect level, low have been formed in the most of markets. This week so far our buying strategy in stocks and indexes doing well. Call options in Indexes, etfs and put options in commodities trade are doing well. MEGA BULL MARKET IN USA IS STARTING so plan your trading and investment starting very well.
Next week’s FED meeting is one of the most crucial events for the markets, commodities, and currencies. I will try my best to predict the outcome of it.
This note sends by one of our two-decade old members, so love to hear from old members:
Hi Mahendra
I have followed your work for over 20years (since the 321.gold website) and have every one of your books from 2003
I love your work and have included it in my investment portfolio
Great that you are now trading again
I would like to take up the offer of 25% extended time
Many thanks for your valuable insight
Thank you
Cindy