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“Big global depression to come in the year 2014” even as Eurozone problems are expected to be sorted out in the “coming months”; if one goes by the words of Rajeev Prakash Agarwal, Director of ..

08 Sep 2012

INDORE, INDIA (Commodity Online): While Eurozone problems could be sorted out in the coming months, can the world escape a global depression in 2014? May the stars be wrong, but astrological possibility of a global depression has been predicted for 2014.

“Big global depression to come in the year 2014” even as Eurozone problems are expected to be sorted out in the “coming months”; if one goes by the words of Rajeev Prakash Agarwal, Director of MAA Astrodunia Private Limited, an astrologer himself running a firm specializing in financial astrology.

On July 19, 2012 Agarwal had predicted that gold would reach $1750 & silver would reach $34 any time before November.

On Friday (7th September 2012), Silver made a high of $33.68. While Gold crossed the target predicted, silver is near to the target (32 cents short of $34). Interestingly, this prediction was made when gold was trading between $1576-1591 while silver spanning $27.13-27.60.

So, it carries some weight when he says that QE3 can be expected as per astrology.

“There could be some sort of relief which could spurt the price of bullion and can take it to new highs. But in September, (in bullion), a sharp correction is possible in the final week. But again, a high bull run would start from the 1st week of October, which shall continue till 1st half of November. Again a correction is indicated and after that the market will rise again. I am bullish about bullion for 2012 and 2013.” he said.

In 2014, astrology indicates that gold can cross $3,000 /oz & silver $60.00/oz. But in the mean time, market will be really volatile. Currently, in 2012, target for gold would be at $1800-1850 & silver at $35-38.00/oz.

He also expects bull run to continue in September and October 2012 for Lead, Zinc and Copper.

“I have been highly bullish on copper for the last three months. My target for copper in the coming months is $420.” he said.

When it comes to natural gas the commodity is expected to be highly volatile till September. But in October, it'll have a bull run.

He is also “very bullish” about global stock markets. Target for S&P is 1575 and EUR/USD target is 1.3000-1.3100

“Till 2013 global stocks will be performing great.” he concluded.


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