Now MARC FABER says “BUY GOLD”, we told you in LAST MARCH!! (Read our latest view on GOLD).

January 22, 16

Now MARC FABER says “BUY GOLD”, we told you in LAST MARCH!! (Read our latest view on GOLD).

Greetings from Hitesh! It has been a great surprise for many of our readers with the meaning of the first STORY on the HOLY BOOK SHRIMAD BHAGHWAT. Many have confessed their ignorance and / or inattention to such a meaningful start of the HOLY BOOK. All they were interested in 10^th ADHYAYA – which deals with LORD KRISHNA. Now, they realize that just pursuing knowledge or vairagya with doing mindset is useless to reach to the height of BHAKTI. I am happy that my posts are able to connect with your inner being.

Now let me deal with GOLD. Marc Faber, editor of the “Gloom, Doom & Boom Report,” has advised investors that now is a good time to invest in gold. Faber says investors would be prudent to diversify into safe haven in gold bullion which has risen 3% this year and is currently at $1,096 an ounce.

What has been our call?

On 15^th March 2015, we wrote below mentioned post - http://hiteshmparikh.com/praise-lord-we-are-proved-100-correc/.

We had said following in that post:-

“Gold prices have come down from around USD1900 in 2013 to USD 1150 per ounce now, fall of around USD 750 in last 2 years. GOLD price of USD 1150 per ounce is near to the manufacturing cost of the mines world over. In fact, one leading mine has already decided to stop the production of GOLD.

We feel down side from here is not more that 10% to 15% in the worst case scenario and upside from here is more than 50% to 100% in the long term. We have already asked our clients to accumulate gold in small lots at regular interval.

From every Rs.100, I will invest Rs.90 in Equities and Rs.10 in Gold going forward.”

Just see GOLD has not even gone below 10% from our recommended price through out the year!! We were buying gold at each of the major fall during the year. Our average price is well below the current market price today!! Many of our clients also followed our advice and they are blessing us.

BASIC RULE of INVESTMENT SUCCESS:-

You have to be ahead of the competition. You should not be investing when things are OBVIOUS. You should be able to forecast the likely scenario and take the action before it happens, then and then only you can make tons of money.

We predicated the WAR way back in MARCH 2014!! Still we did not touch it as all experts were asking to buy at that time!! In fact, GOLD had come down from USD 1350 in March 2014 to USD 1150 by March 2015. All experts were proved WRONG.

We touched the GOLD in MARCH 2015 when nobody told you to buy GOLD and you see the RESULT.

What will happen if you want to BUY GOLD NOW?

1.   If you want to buy a big qty – you will have to buy in one GO. Say you want to buy 100 grms today. You will need close to Rs.2.70 lakh INR. Now, you may not have that kind of money to invest in one go. Had you followed our advise – you would have added 10 grms each month and you would have been happily holding 100 grms by now. If would not have pinched your pocket also.

2.   If you buy big qty in one shot – you will panic – if the gold prices falls temporarily due to volatility and you may sell it at LOSS.

3.   You will have to pay more premiums on base price as all people will go for buying GOLD!!

4.   Many will still wait and GOLD will go to NEW HEIGHT in due course – so, you will miss the lifetime opportunities to make sure shot money.

What we like about Late DHIRUBHAI AMBANI?

He was the guy who used to tell – “There is no MONOPOLY on IDEAS” and his life proves what he said.

Many NORMAL guys read our BLOG/EMAILs and discount our IDEAS as we are following “SIMPLE LIVING, HIGH THINKING” lifestyle. Rather than looking at our TRACK RECORD / TRANPERANCY and our penchant for sharing TRUTH – they go after

so called GLAMOUROUS EXPERTS and end up losing their money.

When they lose their money 2- 3 times over a period of 5-10 years – they make their conclusion – “OUR LUCK is not supporting” / “we are not fit for share market” / “we would have been better off had we invested in Fixed Deposits” and things like that.

What is the REAL REASON for your FAILURE?

You do not want to give time to LEANING the fine art of investments. You do not want to appoint the right guy who is ready to spend time in teaching you. You do not want to pay him his FEES. You want to make QUICK money – without any LOSS or COST!!

Let me give you GOOD NEWS – those who follow above will never make big money. If at all they make it – the money will not stay with them for their generations.

What Next?

If you want to make big money with peace of mind/ want your generations to enjoy the fruits of your labour – I suggest you LEARN the fine art of investments once for all.

If you like our style – you can join us. Be with us for 3 years and see the magic in the over all quality of your life, not just money.

We maintain our BUY call on GOLD.

Wish you all a FANTASTIC FRIDAY.

Follow me on Twitter @hiteshmparikh or on WhatsApp - +91-9869425399 or www.hiteshmparikh.com

Live With Passion…Invest With Passion.

Hitesh Parikh.

www.hiteshmparikh.com