Silver Outlook for 2009 (Originally published on 6th October 2008)

 

Silver had seen very great heights in 2008 and had seen a high or Rs. 25000/- per Kg with volume trades. It then came down to Rs. 20000/- by mid August 2008 and is at Rs. 21000/- while this is written.

Ganesha looks at the outlook of Silver in 2009.

Trading strategies based on this are not advised.

Observation

19th January to 31st January seems to be an average continuous bullish phase.

31st January to 21st February seems to be a very bearish trend.

From 21st February to 29th March with some more sliding and climbing, it will be erratic and may search for a footing.

29th March 2009 to 30th April 2009 will be a strong one way upside rally.

4th May to 4th June will be bearish

25th August to 16th September will be a strong bull run.

18to 24th November will be a strong week, pulling silver up to newer levels.

3rd to 18th December may be a reactionary time.

The last week of 2009 will again be bullish.

Ganesha has calculated the above dates based on transits of major planets. Some variation in strength or days extended or shortened should be expected due to transit of smaller planets.

Summary

Ganesha also would like to add here that as there are almost 6 Lunar eclipses in 2009, Silver will be mostly on the upward trend. One may see new all time high of Silver in 2009.

Wishing all a Silvery trading

Ganesha’s Grace

Rikhav Khimasia

The GaneshaSpeaks Team

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About rikhavkhimasia

Rikhav Khimasia started practicing as a Professional Consultant Astrologer and Alternative Healer, from early 2000 AD at the age of 28. It was May 2003 when he was approached by people representing one of India’s foremost Parsi Astrologer’s website and was taken on board as a Team Member in the position of a Senior Web Astrologer. In his tenure on this website he has had the fortune of reading, interpreting and replying to more than 30,000 horoscopes, till he resigned in June 2009. Rikhav Khimasia, has a detailed experience in dealing with issues like, child birth, marriage, love, business and career choices, education choices, Mahurats of all kinds for all kinds of purposes, fortunate days and many more. An astrologer Par Excellence, Rikhav Khimasia had predicted on many things like Chandrayaan Mission and its untimely demise, the Large Hadron Collider and its need to take a break soon after its start, on Man Mohan Singh becoming the PM again in the 15th Lok Sabha, on Nano moving to Gujarat, on many other Indian and Western celebrities, on TV shows like Dus Ka Dum and on new entertainment channels like Colors and its TRP growth, and many more; all in form of articles on the net, which may still be found. Rikhav Khimasia is a Management Graduate, and has learnt Vaastu, Reiki, Crystal Healing, Pyramid Vaastu, Transcendental Meditation, Auto Suggestion, Self Hypnotism, Past Life Regression, Alpha Beta Theta level Meditation too. He is versatile with use of various techniques and does not stick to a single technique or school of astrology as he believes in the Motto “Solve Client’s Problem Any How”. He is not at all loyal to a single technique or school of astrology, he is only loyal to his client. The other advantage being, that he can bring in and attach age old astrology rules and significations to the current modern times and not be bogged down by the lineage and ancestry. He is secular by nature and believes GOD is one.
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