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NEW DELHI: Even when bullion research firms predict a gold run which will see the prices above $1,100 per ounce, there are certain sceptics in India who say that the gold prices ...
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Gold exports from India on the rise
Mumbai: India, normally the world's top gold importer, may have turned net exporter in the last few months as Indians melt down their jewellery to catch high prices. India imported ...
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Sub Prime Crisis, Bankruptcy And Layoffs - The Financial Tsunami
Many people are worried about the banking sector as one bank after another is going down like bowling pins. Some of my clients called up from USA to clarify their worries as wall street blues hit everyone. Many analysts do not know when this crisis will end. The main reason is that any financial charts do not?tell you the reality or patterns. It is only the planets which makes a pattern and tell us the reality.
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?What will be the market sentiments and knee jerk reaction that happens? No amount fundamental and technical will work at this moment. The markets of gold, oil and metals will go up 50 -60 dollars and it will correct 50 -100 dollars. Many investors can lose their pants or shirts. On the other hand some can become millionaires over night . Many of the banks which hold position in oil, metals, currency and stocks will be squaring of their position. So the markets are bound to go down. If you are a part time investors or hobbyist or even analyst just keep quite. do not invest or do not advise anyone to invest because it is negative karma and many people are bound to lose money. The planet Jupiter is in the house of sagittarius which means Jupiter is in the own house. - Saturn in simha should bring down prices of gold and metals. But in reality the prices are shooting roof tops. The reason is in kale Yuga, malefic will behave like benefic and benefic will behave like malefic. When Jupiter entered dhanus there was euphoria. In October, September and November 2007 the Indian market went into frenzy and sub prime problem has just started. If you have taken position square off. Just that god is treating the world drunk with money and power like Sodom and Gomorrah (ancient biblical city destroyed by god fury) blowing their financial structures. So till Jupiter transits into capricorn which happens at the end of December 2008 this financial problem will persist. In capricorn Jupiter and rahu will conjunct together. Rahu the crook and Jupiter the god man will meet which is a danger signal for financial markets. So till end of December 2008 these problems will persist. Alan Greenspan, the financial wizard cut the interest rates and increased the borrowings. This made economy look very great for few years. But this triggered sub prime crisis and now everyone is paying the price. The after math of this financial crash and crunch in India computer industries will go in for layoffs. BPO will down size their work force. The talk of India and world economy getting decoupled will get nullified. The whole world will go under recessions which will be unprecedented. The property prices in India have not crashed. But it had happened in other asian countries like Singapore and Hong-Kong and in USA. The high floating interest and speculation of properties will take a heavy toll and hit the market. The Indian sub prime is in the corner and it will take few years to unfold in its own way. Finally the talk of Indian banks closing down is just mass fears. -
Many clients wanted to know whether leaving the job in US or job change is needed. Just hang on and wait for the financial tsunami or Katrina to calm down and then change the jobs. Wait for New Year. Till then remember the great Sufi's saying that this too will pass.
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I have not studied in Harvard or Wharton business school but people have come and met me for my financial predictions. Some have used my financial guidance and change to fixed interest rates. I do not have fanciful charts and bar diagram. I use simple India astrology charts for easy prediction. I am not paid even 1/10th of what these financial analysts get paid. But at least some of my clients and friends are financially strong. Many people have saved money even in this crisis. But let me remember my great teacherwords. He blessed me and said "treat this world as dream and never as real." http://www.sathyaprema.com
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