Press Coverage

Lakshmi Capital in the news…
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What Should Investors Be Shorting?
October 11, 2011, Fox Business News: “The story here is long US Dollar. The US Dollar back in August lost its safe haven bid a little bit due to the debt debacle and dysfunctionality of the Government. But, we expect now that the Fed has essentially stopped printing money…”
Bearish Outlook for Gold Prices?
September 12, 2011, Fox Business News: “In financial markets, you need new buyers or new sellers to move prices. In gold, there are not a whole lot of people out there that don’t know about gold.”
Gold Is At A Fever Pitch And Could Be Headed For A Precipitous Fall
September 5, 2011, Forbes.com: “As he wrote in a recent well-considered report, “when everyone is bulllish on an asset, there is a good chance that prices are headed for a precipitous fall.” I agree with Thangavel that if there is no QE3, then gold prices could snap lower in a hurry.”
Cheaper Natural Gas Could Fuel Policy Shift
July 22, 2011, Philadelphia Inquirer: “Crude oil markets are influenced by traders who regard the commodity almost like a currency, said Ananthan Thangavel, managing director of Lakshmi Capital Management in Beverly Hills and author of a commodity newsletter…”
We’re Still In The Midst Of A Multi-Year Gold Bull Market
May 4, 2011, Forbes.com: “We’re still in ther midst of a multi-year bull market in precious metals and I will be starting to buy again soon,” Ananthan Thangavel of Lakshmi Capital, emailed me today. ” I expect gold to hit $3000-$4000 an ounce in the next few years…”
Gold and Silver Due For A 10% Correction
April 25, 2011, Forbes.com:“My gold and silver gurus are calling for a time out correction in the advance of these two precious metals on world markets. Silver is in a “blowoff top,” writes Ananthan Thangavel of Lakshmi Capital this morning…”
Silver Could Rise Well Above $50 To Even $100 As Physical Demand Grows
April 8, 2011, Forbes.com:“This morning my silver guru, young Ananthan Thangavel of Lakshmi Capital in California says he is looking for another 25% run to $50 an ounce in the next year…”
Silver Gains On Inflation Concerns And Tight Supply
Feb 8, 2011, TheStreet.com: “’As the banks begin to gain confidence in an economic recovery and start to lend money again, all that cash that the Fed created out of thin air during the financial crisis will begin to make its way into the economy. Then, we will finally see true inflation as measured in the CPI and felt in the streets’ stated Ananthan Thangavel”
Heavy Upside From a Leveraged Play on Rising Silver Prices
Jan 27, 2011, SeekingAlpha.com:“While gold has at times been thought of as an asset of last resort, rising with uncertainty in other asset classes due to socioeconomic turmoil, wars, etc., our research shows that the primary drivers of gold and silver are inflation expectations…”
Plan to Grow in 2011 – Like Apple, Google, Virgin
Jan 5, 2011, Forbes.com: “Consider Earthlink. The company’s growth looked like a rocket ship in the early internet days as millions of people purchased dial-up service. Then along came broadband, and the market for dial up died – never to return. Earthlink has no hope of growing as long as its planning starts with “we’re a dial-up company.”…”
Silver About To Begin New Sustained Uptrend
Dec 6, 2010, Forbes.com: “Silver prices reached the $30 price level yesterday, leading my main silver guru, Anathan Thangavel, Managing Director of Lakshmi Capital, to flatly predict “a new sustained uptrend.” Thangavel flatly warns the big short interest in silver; its time to get out of the way or be slaughtered…”
Focus on Silver
Nov 17, 2010, Forbes Video: “In a typical year, 50% of silver is used in industrial applications. A great deal more is used in jewelry, silverware, photography and the remainder left over is used for investment purposes. Last year, the amount of silver demanded for investment purposes increased over 184%…”
Silver Could Spike to $50 Based on Short Positions That Need To Be Bought Back
Nov 10, 2010, Forbes.com: “Ananthan Thangavel of Lakshmi Capital is long silver futures and call options for his clients– and will add to his silver positions on any pullback. He knows there are huge short positions…”