THE PRICE OF GOLD- RS 10000 AND ABOVE.
by Chennai based
21st feb,2007 10:40 AM
The streets of T.Nagar has one
of the world’s largest market for selling gold. Every one who goes
there spends money in one way or the other. It is irony that in the
land of renouncement the ounce of gold costs a lot.
Many people wonder why the price of
gold is going up so fast. Before I go into the rational reason, let
me explain in the astrological reason. When ever good dasa and
bhukthi happens the prices of gold, silver and gems will go up. This
is the rule written by great varahamihra. This comes with the logic
that in good time people will have more money in hand and this money
will be spent for the purchase of valuable items or luxury items.
India is running good period which
means the Indians also will be running good period.
Mr.karunanidi's inauguration chart
also talks about good fortune of the Tamilnadu people.
When some one has money they buy
property first, then gold and then on other luxury items. There fore
with the current positive trend of good dasa of venus and bhukthi of
mercury the prices of gold is bound to increase
Many people ask question of how long
this bull run will continue. This period will be there till 2008,
7th month. There fore one can easily say that the prices will zoom
Many pundits wants to write this zoom
as bubble. Every up trend has correction and this run is going to
stay for some time which will defy rational thinking.
Hold your breath! The price of gold
can reach even Rs.10,000 per 10gms. The current rate of 24 carat
gold per 10gms is Rs.9 595 as on Feb 18. . This price increase will
happen within next 60 days. Of course there will be some
Slowly the gold price will stabilize
at Rs.10,000 and will reach the magical mark of Rs.11,000 in the
coming 18 months or closer towards that.
Some one asked me what should everyone
do I said “ either read thirvuvazkam and remember god and not gold
or pester your spouse to buy gold or appreciate what you have”.
If you are an investor in the gold
market then it is killer time in gold. Like all things which go up
and rarely come down and defy natural cycle of life, this time gold
will also go up.
Of course correction and some short
term strategy which will be spouted by the media will all be crap.
This time if you have money buy the yellow one without hesitation.
THE AUTHOR IS NOT RESPONSIBLE FOR YOUR INVESTMENTS IDEA. HE IS
WRITING ARE BASED ON ASTROLOGY. AS NO ONE LIKE TO SHARE THEIR
PROFITS, SO NO ONE CAN SHARE THE LOSS WITH HIM. EVERY ONE MAKES OR
LOSES MONEY DUE TO LAW OF KARMA.