June 20, 2015
Untold Secret of Gold Price Fall in 2012 – Why USA is behind it?
Greetings from Hitesh! Thanks for your response to my last post. Today I am going to talk about your favorite subject GOLD. Yes, this is the first time I am sharing real picture on GOLD with you all. Unfortunately, not a single expert has been talking about this so far. Here again I am the first to talk about it. Read and understand.
Let us understand mind set of Google Generation:-
Today’s generations is hampered by the need to understand the logic behind every move in the market. By the time it becomes clear the market would have moved way ahead or changed the direction!!
This is the reason that all your experts are always doing post mortem of the event rather than giving you futuristic guidance with perfection.
Luckily when I started my career, GOOGLE was not there and very little information was available on everything you can think about. Moreover for that little information also we had to move to places and it was not as easy as CLICK of the button.
When very little information is available – you need to train your GREY CELL to understand what is not being told, what is not being talked about and what is not being written. It was this training that is helping me to understand the ground realities much easily than the experts.
With this background I am going to deal with the GOLD PRICE FALL in 2012 and Steady Gold Prices since then.
CHINA V/s. USA:-
Let me share some of the facts. I can’t share the DATA as it is not available with anybody!! All data talks about the trend and I am picking up the trend.
Fact No.1:- China is the largest lender to USA. USA has to pay close to USD 3.7 Trillion Dollar to China!!
Fact No. 2:- China is the largest holder of US Treasury after US Fed.
Fact No. 3: - USA is not in a position to pay to CHINA.
Fact No. 4: - Chinese Growth is going down.
So, they worked out the deal.
Let CHINA buy the GOLD against US Treasury it holds. However, if CHINA buys the GOLD – it would be a DEAD INVESTMENT for it. It is like converting productive money into non - productive GOLD. So, naturally china wanted a discount on GOLD.
(From the Time of ALAN GREENSPAN, USA was aware about such scenario and that’s why it was steadily increasing the GOLD Prices in previous ten years. USA sold the USD 250 Ounce gold to CHINA at USD 1200 Ounce!! So, someday they can dump GOLD to CHINA!! People joke about CHINESE Goods – what about USD?)
So, Gold prices were brought down from USD 1800 to USD 1200. It was kept steady for 3 years since 2012!!
In the mean time CHINA’s Gold buying has gone up from around 245 tons a year to 1000 tons a year (It is not possible to get you the exact figures). But, just look at the trend. It is going up.
This is one of the main reasons for CHINESE Growth to GO DOWN as their productive money is going into GOLD.
May be JP Morgan was aware about this deal. That’s why it sold the GOLD like anything. In fact, it sold more than the stock!! If you remain near to the GOVT, you can make tons of money.
Since last three years – CHINA is buying GOLD like anything. They know they can’t get the money. If USA doesn’t buy their products, they have no buyers of their products. So, it makes sense to produce goods, Sell them to USA and Buy GOLD against it!! In turn USA is keeping GOLD prices steady!!
This situation is a WIN - WIN for both!!
Our Track Record in GOLD:-
We have always been categorical in GOLD since 2006. We have been buying GOLD from Rs.86000 per 100 grams. We were the first to tell you not to buy GOLD in June 2012, Six months ahead of the major fall in GOLD prices. When we said no expert had a guts to give you such a call. They were telling you to buy!!
Since March 2015 – we have asked you all to buy GOLD. This time also not a single expert is asking you to buy!! They are always LATE.
When you follow them – you also follow the MOB. When you follow the MOB – you get what they also get. If you want super returns – you need to be ahead of them and HITESH PARIKH has the skill set to keep you ahead!! Shouldn’t you follow him?
What Next?
Successful investment is about getting more VALUE than the price you pay. Balance Sheet can help you in that. But it’s not the ultimate tool. You need to match this with the ground realities to create an EDGE while you invest.
At destiny management we have the mastery in reading the untold and unwritten information. This takes us very near to the VALUE intuitively and when we know the value – we just ask you to buy. You make tons of money and bless us.
If you appreciate our skill sets and our track record - do join us.
Follow me on Twitter @hiteshmparikh and join me on WhatsApp on +91 986 942 5399.
Have a Great Weekend.
Hitesh Parikh
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