Wednesday, November 11, 06:27 am IST
Hot Searches:  SEBInokia chargerhome loan rates
| Feedback
Gold may cross USD 800 next week
Published on Wed, Nov 19, 2008 at 11:54   |  Updated at Wed, Nov 19, 2008 at 11:57  |  Source : Moneycontrol.com

According to Lt Col Ajay CEO www.astromoneyguru.com -Financial astrology says that bullion may show firm upward movement in future market .Today Mars with Sun will be in Varashik zodiac sign Moon in Karak.  Saturn is being aspect by Jupiter. All these combinations may lead profit booking during day trading in Gold but this down trend may be taken an opportunity to build positions in gold for short term investment. Since gold is looking very strong next week expected levels should be between USD 775 to 810 within 7 to 10 days trading days. Of course today profit booking in bullion also expected. Our advance predictions made in previous article upward trend in bullion has proved correct.

As per stars some geo-political tensions may increase very shortly in Middle East this May also lead gold firm upward movement.


RSS feed for news   Click here

As per astro Economic calculations the next move in gold will witness the massive short covering in all variety of shares, both majors and juniors. Under no circumstances give away your insurance (gold and all things gold) and if you have then for your sake bought your insurance policy back ASAP (gold and all that is gold).

Gold is a currency that you will see perform as the currency of choice. There is no doubt we are headed into a planetary Weimar experience to some degree.

Dollars are being created faster now than in any other period in history. The Fed and treasury are guaranteeing everything from money market funds to large corporate entities in one way or another.

The first valuation of worthless OTC derivatives via a public sale of these at .0875 to .02 cents shocked anyone with a brain. Now the downturn in business is hitting financial entities and shortly litigation will smoke whatever is left.

The FDIC is already yelling for additional and significant funding from congress as their capital contracts on every Friday’s bailout and their responsibility to cover now goes to GE, a non-bank with no depositors.

People expect things to return to normal in 2010. That is a fairy tale. All these bailouts and Federal guarantees on credit items constitute a white wash on a falling economic structure going out of control and soon. The out of control point of major planetary dislocation is between today and 66 days from now.

Gold is the only viable insurance. The US dollar is not viable insurance because there is simply too much of it and that amount is growing every day. That makes the US dollar untrustworthy.

Gold is the only viable insurance. Clearly equities (with the exception of precious metals shares) are not. Gold is the only viable insurance. 

Insurance companies cannot offer you sound insurance as they are now broke by OTC derivatives. Money market funds are not insurance, making gold the only viable insurance.

Retirement programs are no longer insurance and with Motor’s bankruptcy pending they can simply disappear into Chapter 11. Pensions are simply too large for the government agency to insure. Jobs are no longer insurance as companies are run by lawyers and accountants. Equity in your home is not insurance because it simply does not exist.

Your family is no longer insurance because they have the same problems you do. The assumption your kids will take care of you in your old age is not viable insurance no matter what you think.

Gold has no liability attached to it and is therefore the only viable insurance as honest money. Gold is universally exchangeable, making it the only viable insurance.

Gold has historically performed perfectly in maintaining buying power, making it the only viable insurance. Gold is the only viable insurance because it is Honest Money without liability or agenda.

Since gold is the only viable insurance and because everyone needs it, gold will trade at levels of at least $1200 and $1650 with the view of next 3 years to 5 years investment view. I could go on but gold is all there is that will protect you from the White Wash being applied to the Walking Dead entities by the Fed and Treasury on a structure that is in fact in a free fall.

Today Indian stock market may show mixed trend, metal, sugar, banking sectors may show some buying interest. Investers may keep eyes on Balrampur Chini, Ntpc, Sterlite Ind , Sail, Tata steels etc for mid term investment

Predictions are base on financial astrology. Investors may go through their personal horoscope before taking any decisions.

Important Links Today:  Leadership Wall    Chat Calendar    The 10 List   
WHAT OTHERS LIKE
  • Most Read
  • Most Viewed
©Network 18, 2009. All Rights Reserved