In this week Newsletter we mentioned that metals, energy 和 other commodities would remain weak for Monday, Tuesday but to remain on safe side I recommend you to cut short position in metals, energy, grains 和 in soft commodities. Currently gold at $814, Silver at $13.03 和 oil at 112.90 和 they are good price to cover short. Wait for another update tomorrow morning because we are expecting a important trend to form on late Wednesday 和 Thursday.
Short-term dollar will top at current price $77.75 和 from here bit downward trend will come. Buy Euro at 1.4565 和 澳大利亚 n dollar at 0.8480.
谢谢 & 上帝保佑
Mahendra Sharma， 8月26日 , 星期二， 下午5.00 孟买
找出什么时候商品会触底反弹！黄金会达到645美元吗？白银将跌至9.80美元吗？ oil will reach to $83? And will Dow hit 16000 by year end? I will be talking about all this in the next few newsletters. Risk you take in market is nothing against what you pay for the weekly newsletter subscription fee. We have given the most unique predictions in the last 21 years, 和 we never made big noise about our predictions. Also many world known financial institutions, banks, fund managers are members since last many years 和 they have been following our work very quietly.
At this point, I must mention Bill Murphy. He silently supported my Dollar prediction 和 two months back he said that he couldn’t disagree more with me on the US Dollar. He is truly a man of vision 和 I thank him for his support.
Finally, one needs to trade with caution in all commodities 和 shake off the hangover of the last six years commodity bull market. I warned about emerging markets (