| Accurate Predictions - Gold |
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Date of initial prediction: September 9, 2001
Where predicted: Initial interview was with South African Broadcasting (to 67 countries) with follow-up interviews among several newspapers and radio stations including those in the United States
Price on date of prediction: $265.00/ounce
Projected outcome: Gold would rally after September 27, 2001 and cross $300 with a few months. By 2004, it would cross $450 and by 2008 with would be over $1,000.
Outcome and dates: Gold bottomed on exactly September 27, 2001, crossed $300 in January, 2002, and crossed $450 in November, 2004
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| Accurate Predictions - EUR/USD |
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Date of initial prediction: September 8, 2001
Where predicted: Initial predictions appeared in the Sunday Times of Johannesburg (South Africa) with follow-up interviews with South African Broadcasting and other newspapers and radio stations throughout the world
Price on date of prediction: $0.83 against U.S. dollar
Projected outcome: Euro would rally to par ($1.00) within one year and eventually it would move to $1.36 within three years
Outcome and dates: Euro reach $1.00 against the U.S. dollar in May, 2002 and topped out at $1.3620 in December, 2004 (It was at this time that he predicted a strong dollar rally and substantial weakness in the Euro, which is currently in process of occurring)
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| Accurate Predictions - Nasdaq |
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Date of initial prediction: March, 1996
Where predicted: Standard Newspaper in Kenya with follow-up interviews with Asian Age in London, England and various other newspapers and radio stations throughout the world*
Index value on date of prediction: 695
Projected outcome: Technological and Telecommunication stocks (representing the primary nucleus of the NASDAQ average) would lead the largest rally in history in the NASDAQ by several hundred percent by December, 1999.
Outcome and dates: NASDAQ surpassed 4,000 by late 1999 and ultimately topped out at just over 5000 in March, 2000. At the end of 1999 and early 2000, he predicted a major crash would occur and everyone should dispose of all of their technology investments. The NASDAQ began falling sharply in March, 2000 and ultimately bottomed out in the 1200 area in September, 2002. Shortly before this, he recommended aggressive acquisition of technology shares.
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| Accurate Predictions - Crude Oil |
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Date of initial prediction: January, 2002
Where predicted: Daily Nation Newspaper in Kenya and follow up interviews in June on Jeff Rense radio show in the U.S. and various other newspapers and radio and television stations throughout the world.
Price on date of Prediction: $18.80/barrel
Projected outcome: $55.00 to $60.00/barrel in next four years
Outcome and dates: Oil hit a high of $58.50/barrel in April, 2005, surprising much of the world and has led to a substantial increased following by financial institutions and hedge funds.
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| Accurate Predictions - Coffee |
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Date of initial prediction: May, 2002
Where predicted: In 2002, 2003, and 2004 World Financial Prophecies books published by Mahendra Sharma and on his website, coupled with other world radio and newspaper interviews
Price on date of prediction: $48.00/contract
Projected outcome: The price will more than double in the next three years and in the 2004 edition of World Financial Prophecies stated it would now move to $150/contract.
Outcome and dates: In December, 2004, the price of coffee reached $102/contract and in March, 2005 reached $137.80/contract.
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| Accurate Predictions – Crash of oil in 2008 |
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Date of initial prediction: September 2008
Where predicted: On our Website, in weekly newsletters as well as on CNBC Awaaz in India. In August when Oil was trading $140, we predicted crash is coming; our first target was $83.00 on down side, next target we came out of reaching $52. We called bottoming out of oil around $33.00. Investors lost fortune on both sides in oil trade in 2008. We believe that financial institutions those who came-out with target of $170 and $200 should take blame for people losing money as they misguided common investors. Read our weekly Newsletter of August, September and October 2012. Initial interview was with South African Broadcasting (to 67 countries) with follow-up interviews among several newspapers and radio stations including those in the United States
Price on date of prediction: $139.80/Barrel
Projected outcome: Oil fell to $32 from $145 within four months.
Outcome and dates: Oil topped out in third week of August 2008, and bottomed in December 2008 around $32.00
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| Accurate Predictions – S&P rising in 2012 |
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Date of initial prediction: Sep and Dec, 2011
Where predicted: In 2011, in 6th book Financial Predictions of 2012, Forbes and on his website.
Price on date of prediction: S&P was at 1095/December 2011 contract
Projected outcome: Predicted S&P would reach 1407, 1463 by Mid 2012, and 1600 by end of the year. No one wanted to believe this bull market predictions as the time of this prediction was made, when Euro zone was in deep trouble, and globally economic scenario was very gloomy.
Outcome and dates: On 3 April, 2012, the S&P reached 1414 and 14 Sep, 2012 S&P reached $1468. Now we are waiting to reach 1555 to 1573 by end of December 2012.
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| Accurate Predictions – Rise and fall of Swiss Franc in 2011 |
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Date of initial prediction: Jan, 2009 and 2011 predicted rise and August 2011 Predicted crash
Where predicted: On his website.
Price on date of prediction: Jan 2009 it was 0.82 and JAN 2011 it was 1.02 against USD Predicted, prices crash in 2011 from 1.42 to 1.02 in mid 2012.
Projected outcome: Prices of Swiss Franc went up sharply from Jan 2009, and in price went skyrocket in first half of 2011. From 2009 onward we constantly recommended buying Swiss Franc against all major currencies. In July 2011 we came out or selling recommendations when Swiss Franc started trading above 1.30. We Predicted it can move up rapidly but traders can build put options and less leverage trade. We are traded it to going back 1.00 (Par value against USD). Prices fell sharply, many made fortune. It was one of the best short term recommendations, off course oil shorting at $139 still at top of list. Fall of oil in 2008, and fall of Swiss Franc in 2011 predictions were beyond anyone imaginations.
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| Accurate Predictions – Rise and fall of Soy bean in 2012 |
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Date of initial prediction: Jan, 2012 predicted rise and August 2012 Predicted fall
Where predicted: On his website.
Price on date of prediction: Predicted new high by mid 2012, and fall of more than 30% by end of year
Projected outcome: Prices of Soy went up sharply from Jan 2012 on news of savior drought conditions in South America and USA, prices kept moving higher from $1118 to $1770. We saw negative Astro time cycle coming and this may force market to change sentiments. Farmers and commercials started liquidating position in Soybean and Soy mean, at the time we are putting this on our website, prices of Soy is around $1407 and So meal $432 (they already fell over 20%).
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