Saturday, October 29, 2011

Gold Is Money

   Global Currency
All of today currencies are fiat currencies. Fiat currency is defines as not represent anything tangible but are only worth something due to government decree (namely legal tender laws). In the book "Principles of Economics" written by N. Gregory mention that Fiat money, such as paper dollars, is money without intrinsic value: It would be worthless if it were not used as money."
"We have gold because we cannot trust Governments."
-          President Herbert Hoover

On the other hand, gold are the currency which not created and controlled by governments. Gold was once the main currency in most of Europe, Asia and Americans for the past few thousand years which up to 1971. Gold which evolved independently as money in the word's main civilization due to the following reasons:
1.  Rare
The amount of mined gold has increased only slowly, rarely more than 2% per year. 
2. Durability
Gold won't rot, break, crumble, decay, corrode or tarnish. Gold is unaffected by air, water, and even most acids.
3.  Compact
If all the gold ever mined were made into a single cube. Its edge would be 20 meters. Not quite enough to cover a single tennis court. (
4.  Divisibility
Easily reshape it, flatten it, and divide it into tiny pieces.

"The modern mind dislikes gold because it blurts out unpleasant truths."
-          Joseph Schumpeter (1883 - 1950)

Friday, October 28, 2011

Wednesday, October 26, 2011

Rebut Peluang Skrg!!!!!!

Kata-kata hikmah



Wednesday, October 19, 2011

Top 10 Reasons to Invest in Physical Gold

1) No other investment has the wealth preserving power of gold!

2) Gold should be part of every optimally diversified portfolio.

3) Physical (allocated) gold is the most secure way to invest in gold.

4) The current U.S. debt and trade crisis will continue to push gold prices up.

5) A tangible and liquid asset, gold is the only truly international currency.

6) Gold maintains its value through political and social upheavals, wars, and natural disasters.

7) Unlike paper currency, stocks and bonds, gold will never loses its intrinsic value.

8) Gold is an inflation-proof investment.

9) Gold will always be in demand, and demand is increasing.

10) Gold has always been, and will always be, the most legendary precious metal in the world.

Thursday, October 6, 2011

The Gold Tsunami Wave Cycle 2011

The Gold (and Silver) bull continues to closely follow the giant wave formation of a tsunami.  The recent more parabolic rise in Gold up to above $1,900 is analogous to the little ridge of water we first saw way out in the distance, and now, much like when the waters recede from the shore early in the tsunami wave formation, Gold is undergoing a correction.

As the “Gold” waters receded, the diehard deflationists have run out onto the bare sea bed to whoop and holler that the sea of Dollar Inflation is ending.  They currently hop about the nearby sea floor waving their arms in victory as they envision a catastrophic deflationary depression that will wreck the financial market back to the Stone Age, and the price of the Precious Metals along with it.  Unfortunately, they fail to understand the wave cycle at work as the waters are sucked away from the shore only to strengthen the Gold tsunami wave that grows in the distance For the great Gold tsunami wave is being bolstered as the economy deteriorates, thereby necessitating a continued parabolic growth of printing of paper currencies worldwide.  Where the first little parabolic rise in Gold merely caught the attention of the public, the growing strength of that wave as it reaches shore will leave everyone running for the hills of Gold and Silver.

The Fed Shows Inflation When They Want To and Deflation When They Want To

Last week, the Fed met for a special two-day meeting that ended with a dull thud as they announced “The Twist” that sounds a bit like a dance from the 60s.  They also stated that the economy was weakening - economic weakness that has motivated them to aggressively inflate the US Dollar for 10 years, now.  Yet, market expectations were for the Fed to announce another round of Dollar Inflation via QE3 at the special 2 day meeting so the markets sold off in response to the failure of the Fed’s announcement. 

What occurred in the Precious Metals markets seems a bit absurd as Gold and Silver were pounded aggressively lower in price though the Fed often leads rounds of Dollar Inflation with suggestive hints of deflationary pressures.  To some extent it defines the need for their move, and it probably intends to show that they are in control of something that they cannot control.  The massive deflationary backdrop of debt demands that they either “inflate or die.” 

Commentators noted that the exaggerated fall in Gold, Silver, and in the PM stocks resulted from margin calls “where investors sell what they have to sell.”  Yet, the extent of the weekly fall in the DJIA was rather small compared to the 2 week fall back in early August - a time when Gold, Silver, and the PM Stocks moved higher.  A more likely cause for the fall in the PM sector lies in the Fed’s failure to announce QE3 as it pointed to economic weakness, combined with this coming Tuesday’s Gold and Silver options expiration date - a monthly bashing that generally sees Gold and Silver whacked to lower levels.  Further downside pressure on the PM sector probably stems from big trading firms reversing their “long Gold/ short PM stock ratio trade.”  The large swings in the Gold price over the last 30 days provided the volume they needed to sell paper gold, and to cover and accumulate the Gold and Silver shares.  Given the timing one has to wonder whether these large traders are the same firms who trade for the Market Stabilization Fund, and if they knew in advance that the Fed would tip its comments to deflation this week.


Tuesday, October 4, 2011

Jangkaan Harga Emas Makin Pulih "price ranging"

Beli emas skrg!!! Harga cantik.