Greed and fear are the two factors that dominate any trade,
the recent gold crash has surprised many traders and is losing its shine, as a
matter of fact there are many television channels asking investors to stay away
from gold and precious metals.
I am actively investing in gold and accumulating it in small
quantities, this sharp downtrend in gold is caused by the Jupiter transit out
of Taurus and Entering into Gemini. Another strong reason for this gold going
down is the Uranus – Pluto square. While I am pessimistic on the overall equity
markets and sitting on cash …. advising all my friends and relatives to stay
away from the stock market because the worst is still not over, I see the shine
of gold attracting me towards it….
Jupiter is now in its Mritavasta (Bardo Phase / Dead Phase)
and will get into the Baalavasta (Infacny stage) once its transits to Gemini by
30th of May, and then it will get into its Yuvaavasta (Adolescence)
by September 2013 and that will mark the new beginning on another bull run in
Gold…. This yellow metal will make pockets happy for all investor all through
2014 when it transit the Cancer sign which it is exalted in.. in my personal opinion
Gold will surely by end of 2016 will touch INR 40K for 10Gms. ….
i.e. almost double from the current levels...Happy investing and cautiously accumulate gold in small quantities….
While I am bullish on Gold… one stock attracts me is Thangamayil (CMP 189) which will show new highs and give great returns if
one can buy and hold for more than 5 years....nonetheless history has shown us that gold crash is a precursor to the stockmarket crash.. so be careful and trade with strict stoploss and book profits if you are sitting on them.....