7 replies to this topic

[tradesurfer]

Mahendra says from 18th May to 27th July, the metals and oil will go down 'drastically', oil to $65 and gold to $700, dollar index towards $98, 'great era of the dollar is starting'

'DEFINITE DATE IS 18th of MAY that oil will turn down' he says

hit the play button at the bottom of the page:

http://www.therichro...details/did,33/

interview starts about half way.

Edited by tradesurfer, 13 May 2008 - 06:59 PM.

[senorBS]

I can only chuckle, sounds like PURE BS to me. NO BS Senor

[dharma]

this guys predictions were so far, he had to apologize to his subscribers. follow him into the poor house! dharma

[Rogerdodger]

If a blind man leads another blind man, both will fall into a pit. Or as the Romans would say: "Caveat emptor guru." "Let the buyer beware of the guru."

[gvc]

The time period sounds about right , but the direction is wrong..these are bottoming/oversold indicators:

[tradesurfer]

as crazy as his forecasts sound, i wil still give me a good degree of credit if Oil turns down hard after May 18th... or right on that date... If Oil turns down big time on that date then I think he gets some credibility. As far as Gold, my charts are saying still needs more condolidation. I don't see lower than 800, but admittedly it depends on how far the dollar corrects upward.

[senorBS]

as crazy as his forecasts sound, i wil still give me a good degree of credit if Oil turns down hard after May 18th... or right on that date...

If Oil turns down big time on that date then I think he gets some credibility.

As far as Gold, my charts are saying still needs more condolidation. I don't see lower than 800, but admittedly it depends on how far the dollar corrects upward.

throw enough darts and a few may hit the board

He's PURE BS

Senor

[Kimston]

I don't know anything about this guru's record or methods, but his forecast lines up with what my work has been and continues be forecasting. I think this pattern in the gold chart since the March high is remarkably similar to the pattern that developed following the January 21, 1980 top - a very similar fractal if you will. If it continues to track, gold should not hold up much past 5/16/08 with a significant collapse coming fairly soon thereafter. One never knows of course, but I call 'em as I see 'em. I'm still expecting the 8.2 yr cycle low to come in late this year or early next, so a breakdown to flush out weak hands makes sense to me as the major low approaches (assuming the cycle comes in). Kimston