Friday 29 April 2011

Graph pattern to identify for maximize profit and minimize lost - Part 2


Ascending Triangle Pattern
Confirm your ascending triangle pattern by drawing a horizontal line tracing the upper price barrier and a diagonal line tracing the series of ascending troughs.

The descending triangle is the bearish counterpart to the ascending triangle.


Descending Triangle Pattern
Confirm your descending triangle by drawing a horizontal line tracing the lower price barrier and a diagonal line tracing the series of descending troughs.
The ascending and descending patterns indicate a stock is increasing or decreasing in demand. The stock meets a level of support or resistance (the horizontal trendline) several times before breaking out and continuing in the direction of the developing up or down pattern.

How to Profit from Ascending and Descending Triangles

Ascending and descending triangles are short-term investor favorites, because the trends allow short-term traders to earn from the same sharp price increase that long-term investors have been waiting for. Rather than holding on to a stock for months or years before you finally see a big payday, you can buy and hold for only a period of days and reap in the same monster returns as the long-time stock owners.

As with many of our favorite patterns, when you learn to identify ascending and descending triangles, you can profit from upwards or downwards breakouts. That way, you’ll earn a healthy profit regardless of where the market is going.

Watch For:

• An ascending or descending pattern forming over three to four weeks.
Set Your Target Price:

For ascending and descending triangles, sell your stock at a target price of:

• Entry price plus the pattern’s height for an upward breakout.
• Entry price minus the pattern’s height for a downward breakout.


**Note: All info was taken from Chart Advisor..here is just for reference.

Graph pattern to identify for maximize profit and minimize lost - Part 1

The symmetrical triangle pattern is formed when investors are unsure of a stock’s value. Once the pattern is broken, investors jump on the bandwagon, shooting the stock price north or south.


Symmetrical Triangle Pattern
To form your symmetrical triangle pattern, draw two converging trendlines that bound the high and low prices. Your trendlines should form (you guessed it) a symmetrical triangle, lying on its side.

How to Profit from Symmetrical Triangles

Symmetrical triangles are very reliable. You can profit from upwards or downwards breakouts. You’ll learn more about how to earn from downtrends when we talk about maximizing profits.

If you see a symmetrical triangle forming, watch it closely. The sooner you catch the breakout, the more money you stand to make.


Watch For:

• Sideways movement, a period of rest, before the breakout.
• Price of the asset traveling between two converging trendlines.
• Breakout ¾ of the way to the apex.
Set Your Target Price:
As with all patterns, knowing when to get out is as important as knowing when to get in. Your target price is the safest time to sell, even if it looks like the trend may be continuing.

For symmetrical triangles, sell your stock at a target price of:

• Entry price plus the pattern’s height for an upward breakout.
• Entry price minus the pattern’s height for a downward breakout.

**Note: All info was taken from Chart Advisor... here is just for reference.

Gold Heads for Best Monthly Gain Since November 2009 on Inflation, Dollar

Gold is poised for its biggest monthly advance since November 2009 as a weakening dollar and accelerating inflation prompted investors to buy precious metals as a store of value.

Immediate-delivery gold was little changed at $1,534.72 an ounce at 10:25 a.m. in Singapore after touching a record $1,540.85 an ounce earlier. The metal surged 6.8 percent this month. Bullion for June delivery in New York rose 0.2 percent to $1,534.80 an ounce, nearing yesterday’s record of $1,538.80.

“The sinking dollar is driving people to the gold market as speculators betting on a further rally are adding more fuel to the fire,” said Lim Han Jo, a Seoul-based trader with Tongyang Futures Co. “I don’t exclude the possibility of gold hitting $1,800 this year.”

The dollar fell to the lowest since December 2009 against the euro yesterday after the Federal Reserve kept borrowing costs at a record low. Assets in the SPDR Gold Trust, the biggest exchange-traded fund backed by gold, have expanded 1.5 percent this month, heading for the biggest gain since August.

The U.S. economy slowed more than forecast in the first quarter as government spending declined by the most since 1983 and household purchases cooled. Fed Chairman Ben S. Bernanke said this week the bank would maintain record monetary stimulus after ending large-scale bond purchases in June to spur growth.

Eighteen of 21 traders, investors and analysts surveyed by Bloomberg, or 86 percent, said bullion will rise next week. Three predicted lower prices.

‘Influencing Gold’

Gold has gained 8 percent this year, extending a decade- long advance, the best run since at least 1920, as the prospect of currency debasement and accelerating inflation fuel investor demand. Fighting in Libya and sovereign-debt turmoil in Europe have also contributed to the rally this year.

“Going forward, the direction of the dollar is still one of the main factors influencing gold,” said Ong Yi Ling, Singapore-based analyst with Phillip Futures Pte Ltd. “Dollar weakness may continue as the Fed is likely to err on the side of caution rather than tighten too early.”

Cash silver jumped 29 percent this month, the most since 1987, climbing to a record $49.79 on April 25. Silver last traded at $48.4575. Palladium gained 0.6 percent to $781.25, a 2.3 percent gain this month, while platinum was little changed at $1,843.75, a 4.3 percent advance for April.

Gold Luring Central-Bank Buyers May Extend Record Rally





Central banks that were net sellers of gold a decade ago are buying the precious metal to reduce their reliance on the dollar as a reserve currency, signaling demand that may extend a record rally in prices.

As developing countries accelerate purchases, gold may reach $2,000 an ounce this year, compared with a record of $1,538.80 yesterday in New York, said Robert McEwen, the chief executive officer of producer U.S. Gold Corp. Euro Pacific Capital’s Michael Pento, who correctly predicted gold’s highs for the past two years, forecast a 2011 high of $1,600.

Prices reached a record 14 times this month on demand from investors seeking an alternative to the dollar after the currency slumped to the lowest since 2009, U.S. debt widened, and the Federal Reserve signaled April 27 that borrowing costs will remain near zero percent for an extended period. The economy in China, the biggest foreign holder of U.S. Treasuries, grew 9.7 percent in the first quarter.

“China is out to have more gold than America, and Russia is aspiring to the same,” McEwen said yesterday in an interview in New York. “When you have debt, you don’t have a lot of flexibility. China wants to show its currency has more backing than the U.S.”

In 2010, central banks became net buyers for the first time in two decades, adding 87 metric tons in official-sector purchases by countries including Bolivia, Sri Lanka and Mauritius, according to World Gold Council data. China, with more than $3 trillion in foreign-currency reserves, plans to set up new funds to invest in precious metals, Century Weekly reported this week. Russia purchased 8 tons of gold in the first quarter.

China’s Gold Reserves

China, which has just 1.6 percent of its reserves in gold, may invest more than $1 trillion in bullion, Pento said. “China wants to be an international player, and they need to own more gold than they currently have.”

The U.S. Treasury Department projects the government could reach its debt ceiling of $14.3 trillion as soon as mid-May and run out of options for avoiding default by early July. The Fed has kept its benchmark rate between zero percent and 0.25 percent since December 2008 to help stimulate the economy, driving the dollar down 11 percent against a basket of six major currencies during the past year.

“Until monetary policy changes, you’re going to continue to see gold go up,” said Michael Cuggino, who helps manage $12 billion at Permanent Portfolio Funds in San Francisco.

“Ultimately the best thing we can do to create strong fundamentals for the dollar in the medium term is first, keep inflation low, which maintains the buying power of the dollar, and second, create a stronger economy,” Fed Chairman Ben S. Bernanke said on April 27.

U.S. Reserves

As of April, China was the sixth-largest official holder of gold, with 1,054.1 tons, according to World Gold Council estimates. The U.S. has the most, with 8,133.5 tons, or 74.8 percent of the nation’s currency reserves, council data show.

Central-bank buying may have the same impact on gold as the introduction of exchange-traded funds, Cuggino said. Prices have more than tripled since the SPDR Gold Trust, the biggest ETF backed by bullion, was introduced in November 2004.

Central banks in emerging markets may aim to hold 2 percent to 8 percent of their foreign-currency reserves in gold, Francisco Blanch, the head of commodities research at Bank of America Merrill Lynch in New York, said in an interview.

Gold is “close to” its cyclical high, said Blanch, who expects the metal to average $1,500 this year.

Gold’s Enemies

“The enemies of gold are rising interest rates and a balanced budget,” said Pento of Euro Pacific Capital in New York. “I look for a summer swoon once Bernanke exits the bond market. You’re going to have a temporary rise in real interest rates.”

The Fed said it would buy $600 billion in U.S. Treasuries through June.

The Federal Funds rate would have to rise to “Volcker” levels before gold enters a bear market, said Gold Corp.’s McEwen, who expects the metal to rise to $5,000 over three to four years.

Prices have advanced 7.7 percent this year, extending a decade of gains in which gold jumped sixfold from a low in 1999. The all-time inflation adjusted record is $2,338.92, based on the value on Jan. 21, 1980, according to a calculator on the Web site of the Federal Reserve Bank of Minneapolis.

Former Fed Chairman Paul Volcker ended gold’s rally to a then-record $873 by raising borrowing costs to 20 percent in March 1980.

Silver Rally No Bubble as Price Will Top Record, Coeur d’Alene Chief Says

The rally in silver to a 31-year high in New York shows no sign of ending because tight supply and robust demand will send the metal to a record, according to Coeur d’Alene Mines Corp. (CDE), the largest U.S. producer.

“We’re in a legitimate market driven by financial interest in silver and strong industrial demand,” Chief Executive Officer Dennis Wheeler said today at the Bloomberg Link Precious Metals Conference in New York. “Supplies are relatively inelastic.”

Silver has surged 162 percent in the past year, outpacing the 31 percent gain in gold. Investment demand for silver jumped 40 percent in 2010 as inflation rose, currencies lost value and Europe’s debt crisis escalated, said researcher GFMS Ltd. Industrial use gained 21 percent last year and may climb to a record this year, London-based GFMS said.

The rally is “very different” from the surge in the late 1970s, when the Hunt brothers tried to corner the market, and in 1980, when prices touched a record $50.35 an ounce, Frank McGhee, the head dealer at Integrated Brokerage Services, said at the conference.

“There is no manipulation going on in this market,” McGhee said. “It does not take a lot to stop the market until this market decides to go. I’d like to categorize silver as a freight train.”

Silver futures for July delivery rose $1.554, or 3.4 percent, to close at $47.541 on the Comex in New York. Silver reached $49.845 on April 25.

Older Mines

Discovering new deposits has become more difficult, while “older mines cease production at a time when demand continues to grow,” said Wheeler, whose company is based in Coeur d’Alene, Idaho. High prices are not “a short-term phenomenon,” and the metal may jump to $55 by the end of 2011, he said. Integrated Brokerage’s McGhee predicted $62.

Not everyone is bullish on silver. William Hamelin, the president of Ames Goldsmith Corp., forecast a drop to $35.85 by year-end. Some manufacturers are “leaning” toward using more substitutes, including copper and nickel, after prices surged, he said.

Coeur d’Alene, which is based in the Idaho city of the same name, fell 51 cents, or 1.6 percent, to settle at $31.70 in New York Stock Exchange composite trading. The shares have jumped 84 percent in the past year, compared with a 19 percent gain for the Russell 2000 Index. (RTY)

Monday 25 April 2011

Silver Surges to All-Time High on Inflation Hedge, Industry Use


Silver rallied to an all-time high as investors sought to protect their wealth against accelerating inflation and a weaker dollar with holdings in a metal that also benefits from economic growth.

Immediate-delivery silver climbed as much as 5.4 percent to $49.79 per ounce, surpassing the previous peak, which according to research company GFMS Ltd was $49.45 in January 1980. The metal traded at $49.2563 at 1:15 p.m. in Singapore, up for a ninth day and set for the longest winning run since an 11-day increase in March 2008. Spot gold also reached a record.

Precious metals have rallied on investor concern that central-bank programs to revive economic growth with record-low interest rates and increased supply of money will reignite inflation and hurt currencies including the dollar. Silver has more than doubled over the past year.

“It’s driven mainly by speculative buying, with investors eyeing the record for a while now,” Yang Shandan, a trader at Cinda Futures Co., said from Zhejiang, China. “We might get a bout of profit-taking now that we’ve pushed passed the high.”

July-delivery silver on the Comex in New York jumped as much as 8.2 percent to $49.845 per ounce, before trading at $48.730. The record was $50.35 an ounce, also set in January 1980, according to the exchange. Gold for immediate delivery climbed as much as 0.7 percent to $1,517.98 per ounce.

What is SPREAD??

When we talk about Gold and Silver investment, I believe that you've heard a lot of company are selling this precious metal. Some of them are selling even cheaper price than Public Gold.
What makes Public Gold different from others is the SPREAD.

What is SPREAD?

Spread is the price different between a selling and buying price. It is measured in certain percentage. Normally when you view the live price from Public Gold or others, you can see 2 different price which is SELLING and BUYING. I am very sure some of the people outside there always said that Public Gold price is higher than other company in fact the purity and quality of the gold is the same.. Why?

Let me explain to you the most important point here. I agreed, Public Gold price is a bit higher than some of other company. But when we invest or talk about a investment return, we should choose the most higher value and less deduction. Why I said that, SPREAD for Public Gold is actually only around 4.5% - 6% from the selling price. For example, if you bought a Gold Bar cost RM3000 last year.. and you are planning to sell it this year which is you already know the price has gain 30%, become RM3900... but when you want to sell to ABC company which is their spread is 12%-13%, so you only left about 17% profit from your Gold. But with Public Gold, the spread is about 6% and you still gain a balance profit of 24%.. even though when you bought its slightly expensive than others. Plus, Public gold will accept your gold even its already dented, scratched, or looks old..as long the certificate and the weight is still remain..
This is what I call a better investment choice and platform...

I am here not to condemned others company product or their strategy.. but to open our mind and let you to decide and choose which is better for your needs. You can try to study other company's product and spread. At the end of the day, its still up to you to choose...

Good Luck!!

Minera's McEwen on Gold Price From April 21

April 21 (Bloomberg) -- Robert McEwen, chief executive officer of Minera Andes Inc., talks about the outlook for gold prices. McEwen talks with Julie Hyman on Bloomberg Television's "Fast Forward." (Source: Bloomberg)


To watch the video, please click here.

Sunday 24 April 2011

Gold Touches Record, Set for Third Weekly Gain; Silver Hits 31-Year High - news by Bloomberg




Gold advanced for a third week as a weaker dollar and debt concerns boosted the metal’s appeal as an alternative investment. Silver gained to the highest level in 31 years.

Gold for immediate delivery rose 1.4 percent this week and was little changed at $1,506.85 an ounce at 6:48 p.m. in Paris after climbing to an all-time high of $1,512.47 earlier today. June-delivery futures touched a record $1,509.60 yesterday on the Comex in New York, the 10th all-time high this month. The exchange is closed today for the Good Friday holiday.

“The weak dollar is having the most influence on gold at the moment,” said Chae Un Soo, a Seoul-based trader at Korea Exchange Bank Futures Co. “The market is getting more jittery now that we have sovereign-debt concerns about the U.S. in addition to Europe and the Middle East problems, which increasingly boosts safe-haven demand for gold.”

The dollar slid to the lowest level since August 2008 against a basket of six major currencies this week on speculation that the U.S. Federal Reserve will be slow to raise borrowing costs. The Dollar Index is little changed today and is set for a 0.9 percent weekly drop. The Fed has kept the benchmark rate between zero percent and 0.25 percent since December 2008 and pledged to purchase $600 billion in Treasuries through June to stimulate the economy.

Standard & Poor’s this week cut its debt outlook for the U.S. to negative from stable. Violence in the Middle East, sovereign-debt turmoil in Europe and Japan’s nuclear crisis have helped propel bullion 31 percent higher in the past year.

“Overall trade for gold and other precious metals was extremely thin due to the market holiday in the U.S. and U.K.,” said Hiroyuki Kikukawa, general manager of research at IDO Securities Co. in Tokyo.

Silver for immediate delivery climbed 2.1 percent to $47.25 an ounce, the highest price since 1980. The metal has climbed 11 percent this week, a fifth weekly advance and the biggest weekly gain since Feb. 18.

Spot palladium fell 0.1 percent to $767.50 an ounce, while cash platinum was 0.3 percent higher at $1,822.50 an ounce.

Thursday 21 April 2011

U.S. Finances Are ‘Unsustainable,’ Obama Says at Facebook Town Hall Event

President Barack Obama, on a cross- country trip to sell his deficit reduction plan, said yesterday that the nation’s finances are “unsustainable.”

At a campaign-style town hall meeting at the headquarters of Facebook Inc., Obama described the House Republicans’ budget plan as “fairly radical” and said members of both political parties in Washington need to work together to start reducing the federal deficit in a “balanced way.”

“We have an unsustainable situation,” he said. “We face a critical time where we are going to have to make some decisions -- how do we bring down the debt in the short term, and how do we bring down the debt over the long term?”

After his appearance at Facebook, Obama turned his attention to a private fundraising dinner in San Francisco hosted by Marc R. Benioff, chairman and chief executive of Salesforce.com, a cloud computing company. Tickets for the dinner, attended by about 60 people, were $35,800 a person.

Obama spoke after a performance by singer Stevie Wonder, telling a roomful of early supporters: “Some of you were involved in startups. Well, I was a startup.”

“We started something in 2008,” Obama said of his first campaign. “We haven’t finished it yet,” he said, reeling off needs to overhaul education, improve clean energy programs and reduce debt and deficits. “I’m going to need you to help me finish it.”

More Fundraising

From there, the president attended a “Gen44” Obama fundraising event at the Nob Hill Masonic Center, where ticket prices ranged between $25 and $2,500, according to a Democratic official who wasn’t authorized to discuss such details publicly.

Obama is to appear at a fundraiser at the St. Regis Hotel in San Francisco today before leaving for Nevada, a politically important state in 2012 with an open Senate seat. The president is scheduled to hold a “town hall” meeting in Reno at ElectraTherm Inc., a small renewable energy company, giving him a chance to reinforce his push for increased spending on clean- energy technology.

Later in the day, he is to return to California for fundraisers in Los Angeles, including events at Sony Pictures where actor-singer Jamie Foxx is scheduled to appear.

The fundraising events in San Francisco and Los Angeles are expected to bring in between $4 million and $5 million, the Democratic official said.

Bill Carrick, a Democratic strategist based in Los Angeles, described the trip as “not a full-fledged campaign trip, but it has some of the dynamics of preparing to run a campaign,” such as efforts to “start focusing on swing states early so you can broaden the electoral map.”

Reach Out

Facebook, with more than 500 million users, is the world’s largest social network website. It was founded in 2004 by Mark Zuckerberg.

Obama has used social media sites such as Google Inc. (GOOG)’s YouTube to reach out to voters. Yesterday’s session is the first time he has appeared on Facebook, which passed Google last year to become the most visited website in the U.S.

Zuckerberg, joined by Chief Operating Officer Sheryl Sandberg, moderated the event. Obama took questions filed online through the White House’s Facebook page and website, along with those from an audience of Facebook employees, small-business leaders and Silicon Valley entrepreneurs.

Obama said using Facebook allows us to “make sure this isn’t just a one-way conversation.”

“This format and this company, I think, is an ideal means for us to be able to carry on this conversation,” the president said. “We’re having a very serious debate right now about the future direction of our country.”

Separate Plans

The White House and House Republicans have offered separate plans to reduce cumulative budget deficits by $4 trillion, over 12 years and 10 years respectively. Obama’s plan would include $1 trillion in tax increases that his advisers say could be raised from families earning at least $250,000, while the Republicans’ measure wouldn’t raise taxes.

“The Republican budget that was put forward I would say is fairly radical. I wouldn’t call it particularly courageous,” he said. “I would call it short-sighted.”

Obama criticized the Republican plan for preserving tax breaks while chopping funds from programs such as clean energy and for seeking to overhaul Medicare and Medicaid health insurance programs for the elderly and the poor.

“Nothing is easier than solving a problem on the backs of people who are poor or people who are powerless,” he said.

Obama said he remains committed to pushing for an overhaul of the nation’s immigration laws. He said members of both parties must cooperate to get it done.

Housing Market

The president said the economy is still “not growing quite as fast as we would like” even after creating almost 2 million jobs in the past 18 months. He called the housing market “probably the biggest drag” on the economy.

“What I’m really concerned about is making sure that the housing market overall recovers enough that it’s not such a huge drag on the economy because, if it isn’t, then people will have more confidence, they’ll spend more, more people will get hired, and overall the economy will improve,” he said. “It’s still tough out there.”

Gold May Advance Next Week on Faster Inflation, Debt Concern, Survey Shows

Gold may extend gains from a record as concern about debt and faster inflation spur demand for the metal as an alternative investment, a survey found.

Seventeen of 20 traders, investors and analysts surveyed by Bloomberg, or 85 percent, said bullion will rise next week. Two predicted lower prices and one was neutral. Gold for June delivery was up 1.2 percent for this week at $1,504.30 an ounce by 11:18 a.m. yesterday on the Comex in New York after reaching a record $1,506.20 earlier in the day.

“The issues driving gold such as inflation, euro zone debt and Middle East and North African unrest are not going to be solved overnight,” James Moore, an analyst at TheBullionDesk.com in London, said in an e-mail. It’s “unwise to buck the trend.”

Standard & Poor’s this week lowered its U.S. credit-rating outlook, citing the widening budget deficit and helping push the dollar to a 16-month low versus six major currencies. The European Central Bank this month raised interest rates from a record low as inflation quickened. Fighting in Libya and Japan’s nuclear crisis helped gold’s 5.8 percent increase this year.

“With market focus shifting from sovereign debt issues in the euro zone to sovereign debt issues in the U.S.,” the previous resistance level of $1,500 may become support, said Mark O’Byrne, executive director of brokerage GoldCore Ltd. in Dublin.

The attached chart tracks the results of the Bloomberg survey, with the red bars derived by subtracting bearish forecasts from bullish estimates. Readings below zero signal that most respondents expect a decline. The green line shows the gold price. The data are as of April 15.

The weekly gold survey started almost seven years ago and has forecast prices accurately in 206 of 359 weeks, or 57 percent of the time.

Gold Rises Above $1,500 to a Record on Slumping Dollar, Inflation Concern

Gold futures rose to a record for the ninth time this month as a weakening dollar boosted investment demand for the precious metal as an alternative asset. Silver topped $45 an ounce for the first time since 1980.

Gold reached $1,506.50 an ounce in New York as the dollar slipped as much as 1 percent against a basket of six major currencies to trade at a 16-month low. Gold has risen 32 percent in the past year as the dollar fell 8.2 percent. Earlier this week, Standard & Poor’s revised its long-term outlook for U.S. debt to negative from stable.

“For the dollar, the S&P statement was like getting kicked when you’re already down,” said Matt Zeman, a senior market strategist at Kingsview Financial in Chicago. “The dollar is losing its status as the king of the hill, and gold is looking to take its place.”

Gold futures for June delivery rose $3.80, or 0.3 percent, to settle at $1,498.90 at 1:37 p.m. on the Comex in New York. The most-active contract has posted records for four straight days.

Gold for immediate delivery in London rose as much as 0.6 percent, to a record $1,506.03 an ounce.

The Treasury Department has projected that the government will reach the $14.3 trillion debt-ceiling limit no later than May 16 and run out of options for avoiding default by early July.

As the numbers show, the debt cannot be repaid without dollar debasement, so people are warming up to the idea of hoarding gold,” Zeman said.

Commodity Inflation

Gold also gained on demand for an inflation hedge. The Thomson Reuters/Jefferies CRB Index of 19 commodities rose as much as 1.7 percent. A U.S. gauge of traders’ inflation expectations approached the highest level since 2008.

“The dollar has lost ground to its major counterparts,” James Moore, an analyst at TheBullionDesk.com in London, said in a report to clients. “The mix of inflation, currency debasement, euro-zone debt and Middle East and North African unrest continues to fuel investment demand.”

The difference between yields on U.S. 10-year notes and Treasury Inflation Protected Securities, a gauge of trader expectations for inflation, today widened to as much as 2.66 percentage points. The spread reached 2.67 percentage points on April 11, the most in three years.

Silver Surges

Silver futures for May delivery rose 54.8 cents, or 1.2 percent, to $44.461 on the Comex, after touching $45.40, the highest since January 1980. That year, the price reached a record $50.35.

An ounce of gold bought as little as 33.59 ounces of silver in London today, the smallest ratio since August 1983, data compiled by Bloomberg show.

“The metals are being led by silver,” said Frank McGhee, the head dealer at Integrated Brokerage Services in Chicago. “You’ve got a parabolic market forming. The general opinion is that silver is undervalued, and that feeds the rally.”

Palladium futures for June delivery rose $27.80, or 3.8 percent, to $758.90 an ounce on the New York Mercantile Exchange. Platinum futures for July delivery rose $31.50, or 1.8 percent, to $1,802.80 an ounce.

To contact the reporter on this story: Pham-Duy Nguyen in Seattle at pnguyen@bloomberg.net

Tuesday 19 April 2011

Gold Rises to Record $1,498.90 an Ounce as Weakening Dollar Stokes Demand - By Bloomberg

Gold extended gains to a record in New York as a drop in the dollar buoyed demand for the metal as an alternative investment.

Futures surged yesterday after Standard & Poor’s revised its U.S. credit outlook to negative. Gold has jumped 5.3 percent this year as the dollar dropped 4.8 percent against a basket of six other currencies including the euro and British pound.

Gold prices may keep rising for “some years into the future,” Blackrock Inc. (BLK) fund manager Evy Hambro said in an interview with Mark Barton on Bloomberg TV’s “On the Move.”

Gold for June delivery rose $1.60, or 0.1 percent, to $1,494.60 an ounce by 8:20 a.m. in New York after earlier today climbing to $1,498.90. Immediate-delivery gold was little changed at $1,493.93 an ounce in London.

The 14-day relative strength index of gold futures rose to 70.135, above the level of 70 that some analysts who study charts view as a sign that prices are poised to drop.

“$1,500 is definitely a psychological level,” said Mark O’Byrne, executive director of brokerage GoldCore Ltd. in Dublin. “Any correction is likely to be short and shallow, given the very strong fundamentals.”

At current prices, gold is still $900 below the inflation- adjusted level, GoldCore’s O’Byrne said, adding that gold may reach as much as $2,400 in the coming years.

‘Debt Issue’

“The focus has moved to the U.S. sovereign debt issue,” O’Byrne said. “There are very significant risks in the world, that’s why people are diversifying into gold. Before, the U.S. government debt was meant to be risk free. Now that is in question.”

Gold has gained in the last 10 years on increased investment demand for commodities and on concern that currencies may be debased as central banks stimulate their economies. Unrest in the Middle East, sovereign-debt turmoil in Europe and Japan’s nuclear crisis have bolstered sales, propelling bullion 32 percent higher in the past year.

Additional support for gold came from quickening inflation that has prompted policy makers across the globe to raise interest rates. Consumer prices in China rose at their quickest pace since 2008 in March, exceeding the government’s 2011 target for a third month.

Inflation ‘Impetus’

Inflation in the 17-nation euro region quickened to 2.7 percent from 2.4 percent in February, the European Union’s statistics office said last week. U.S. wholesale costs rose 5.8 percent in March compared with a year earlier, and the government said that the cost of living rose for a ninth month.

“Growing fears of rising inflation and a weak dollar continue to benefit gold and silver,” Marc Ground, an analyst at Standard Bank, wrote in a note. “Inflation-hedge buying is providing the main impetus.”

Gold held in exchange-traded products rose 0.36 metric tons to 2,070.32 tons yesterday, the highest level since Jan. 24, data compiled by Bloomberg from 10 providers show.

Silver for May delivery gained 0.7 percent to $43.275 an ounce. Palladium for June delivery was up 0.7 percent at $744.35 an ounce and platinum for July delivery rose 0.3 percent to $1,788.70 an ounce.

Gold-Shortage Threat Drives Texas Schools Hoarding 664,000 Ounces at HSBC By David Mildenberg and Pham-Duy Nguyen - Apr 19, 2011 6:34 AM GMT+0800


Dallas hedge-fund manager J. Kyle Bass helped advise the University of Texas Investment Management Co. on taking delivery of 6,643 gold bars, worth $991.7 million yesterday, that are stored in a bank warehouse in New York.

Bass, who made $500 million with 2006 bets on a U.S. subprime-mortgage market collapse, said managers of the endowment, known as UTIMCO, sought board approval to convert its gold investments into bullion this year. A board member, Bass, 41, said he was asked to help with that process.

While Bass, a managing partner at Hayman Capital Management LP, said in an April 16 e-mail that “the decision to purchase and take delivery of the physical gold” was made by endowment staff members, “I helped where I could.” Gold futures touched a record $1,498.60 an ounce today in New York before settling at $1,492.90.

The Texas fund’s $19.9 billion in assets ranked it behind only Harvard University’s endowment as of August, according to the National Association of College and University Business Officers. Last year, UTIMCO added about $500 million in gold investments to an existing stake, said Bruce Zimmerman, the endowment’s chief executive officer. The fund’s managers sought to take delivery of bullion to protect against demand for the metal overwhelming supply, according to Bass.

Contracts Exceed Supply

Open interest in gold futures and options traded on the Comex typically exceeds supplies held in its warehouses. If the holders of just 5 percent of those contracts opted to take delivery of the metal, there wouldn’t be enough to cover the demand, Bass said.

“If you own a paper contract where they can only deliver you 10 cents on the dollar or less, you should probably convert it to physical,” said Bass, who isn’t related to Fort Worth’s billionaire Bass family. He said holding cash wasn’t a better choice because the rate of inflation exceeds money-market rates by 2.5 percent to 3 percent, eroding the value of cash.

“The call to take delivery is more of a challenge to the system and it borders on the anarchistic,” said Ralph Preston, a principal at Heritage West Financial Inc., a San Diego company that specializes in futures trading. “It’s like the Republicans trying to overturn President Obama over the birth certificate issue. It’s poor sportsmanship.”

Storage Costs

Bullion banks generally charge his clients about $15 a month to store a 100-ounce bar of gold, the amount covered by a single contract, Preston said. The Texas fund negotiated with Comex to pay about 0.1 percent of the metal’s value, Bass said.

That would indicate an annual cost of about $992,000 to store the delivered gold, based on today’s price. By comparison, the SPDR Gold Trust, the biggest exchange-traded fund backed by bullion, charges a management fee of 0.4 percent of invested assets. That would reach almost $4 million for the Texas fund.

Sovereign-debt concerns also boosted demand for the metal today, driving Comex futures to an all-time high as Standard & Poor’s revised its U.S. credit outlook to negative. The price has climbed 31 percent in the past year.

“Why hold your money in dollars when the Fed can double and triple the supply rather quickly and quietly and won’t even tell us what they are doing,” U.S. Representative Ron Paul, a Texas Republican who has for decades favored a return to a currency backed by precious metals, said today in a telephone interview. “Logic tells me a lot more people will do it.”

10-Year Rally

Gold’s 10-year rally has attracted billionaire investors such as George Soros and John Paulson, who seek a store of value as record-low interest rates erode returns on currencies.

“You’re starting to see institutional investors accepting gold and commodities as legitimate investible assets and taking physical control of them,” said Michael Cuggino, who helps manage about $12 billion at the Permanent Portfolio Funds in San Francisco. About 20 percent of the fund is in gold stored in Comex warehouses.

“Central banks are printing more money than they ever have, so what’s the value of money in terms of purchases of goods and services,” Bass said April 15 in a telephone interview. “I look at gold as just another currency that they can’t print any more of.”

Few investors take physical delivery of bullion. As of April 14, 2,860 contracts this month, about 0.5 percent of total open interest, had been converted to metal, exchange data show.

Slowing Deliveries

Physical deliveries have slowed as gold topped records this year, said Blake Robben, a senior market strategist who handles deliveries of Comex metals for clients at Chicago-based broker Lind-Waldock.

“It’s usually wealthy individuals with net worth over $1 million who want to take delivery to diversify away from the dollar,” Robben said. “Generally, it’s a big hassle and not worth it to take delivery.”

Investors should be wary of government attempts to curtail holding gold, Paul said, citing U.S. ownership restrictions in the 1930s. “Governments don’t like to be embarrassed.”

To own 100 ounces of gold futures with Lind-Waldock, investors pay a $100 fee and put up $6,571 in a margin account to buy a single contract. To take delivery of a 100-ounce bar, investors have to pay the contract’s full price.

Bass, a Texas Christian University graduate who was named to the endowment’s board in August, is a former salesman with Bear Stearns Cos. and Legg Mason Inc. He said about 5 percent of his hedge fund is invested in gold.

The endowment, which oversees funds held by the University of Texas System and Texas A&M University, has 664,300 ounces of bullion in a Comex-registered vault in New York owned by HSBC Holdings Plc (HSBA), the London-based bank, according to a report distributed at a meeting in Austin last week. The fund said its cost basis for the gold investment was $764 million.

“I simply voted as a board member to approve the storage facility and concurred with their decisions,” Bass said.

Gold May Top $1,500, Extending Rally to Record, as U.S. Credit Outlook Cut By Kim Kyoungwha and Pham-Duy Nguyen - Apr 19, 2011 8:47 AM GMT+0800

Gold may advance to a record for a fourth day, topping $1,500 an ounce, as Standard & Poor’s downgrade of the U.S. credit outlook, Europe’s debt crisis and rising inflation bolstered the appeal of precious metals.

Immediate-delivery bullion was little changed at $1,495.30 an ounce at 7:55 a.m. in Singapore, after touching an all-time high of $1,497.90 an ounce yesterday. Gold for June delivery in New York rose as much as 0.3 percent to $1,497.40 an ounce before trading at $1,495.70, near its record $1,498.60.

“This is a shocker and a stunner,” said Michael Pento, a senior economist at Euro Pacific Capital in New York. “The U.S. has the world’s reserve currency. International investors have been using gold and silver as an alternative currency and an alternative to the dollar, and this will only exacerbate and accelerate that process.”

S&P changed its long-term rating from stable, citing “material risk” that policy makers won’t reach an accord on “medium- and long-term budgetary challenges.” The move followed last week’s downgrade by Moody’s Investors Service of Ireland’s credit rating by two notches to the lowest investment grade, eroding the value of the euro. The dollar has declined 4.5 percent against a basket of currencies this year.

Gold has gained every year since 2001 on increased investment demand for commodities and on concern that currencies may be debased as central banks stimulate their economies. Unrest in the Middle East, sovereign-debt turmoil in Europe and Japan’s nuclear crisis have bolstered sales, propelling bullion 31 percent higher in the past year.

Credit Downgrade

Pento, who correctly predicted gold’s rally in the past three years, said the metal will reach $1,600 in 2011.

“The U.S. credit rating will undoubtedly be lowered in the next few years,” Pento said. “This will mean much higher borrowing costs and a much lower currency.”

The Treasury Department has said the borrowing limit will be reached no later than May 16, at which point it will turn to emergency measures that provide borrowing room through about July 8. Republican leaders in Congress have said they won’t back increasing the debt ceiling unless President Barack Obama agrees to more specific steps to trim the budget deficit.

Additional support for gold came from rising inflation that has prompted policy makers across the globe to raise interest rates. Consumer prices in China rose at their quickest pace since 2008 in March, exceeding the government’s 2011 target for a third month.

Inflation in the 17-nation euro region quickened to 2.7 percent from 2.4 percent in February, the European Union’s statistics office said last week. U.S. wholesale costs rose 5.8 percent in March compared with a year earlier, and the government said that the cost of living rose for a ninth month.

‘Growing Fears’

“Growing fears of rising inflation and a weak dollar continue to benefit gold and silver,” Marc Ground, an analyst with Standard Bank, wrote in a note. “Inflation-hedge buying is providing the main impetus.”

Total gold demand rose for a third yearly gain in 2010, led by a 66 percent jump in sales of physical gold bars to a record 880.5 metric tons, according to researcher GFMS. Gold held in exchange-traded products rose 19.3 tons to 2,069.95 tons on April 15, the highest level since Jan. 24, data compiled by Bloomberg from 10 providers show.

“One of the most interesting highlights is the massive growth in physical gold bar investment,” David Wilson, London- based analyst with Societe Generale, wrote in a note.

Cash silver fell 0.4 percent to $43.2575 an ounce after rallying 1.2 percent to $43.525 an ounce, the highest price since 1980 yesterday. Palladium added 0.3 percent to $737.75 an ounce and platinum increased 0.1 percent to $1,783.25 an ounce.

Australian, N.Z. Dollars Weaken Second Day on U.S., Europe Debt Concerns By Ron Harui - Apr 19, 2011 9:51 AM GMT+0800

The Australian and New Zealand dollars fell for a second day versus the greenback after Standard & Poor’s cut the U.S. long-term credit outlook to negative, damping demand for higher-yielding assets.

Australia’s currency dropped for a fourth day against the yen as Asian equities extended a slump in shares around the world, discouraging investors from buying the South Pacific nation’s securities. The Australian and New Zealand currencies also weakened against most of their major counterparts on concern Europe’s debt crisis is worsening.

“Everywhere including the U.S. and Europe aren’t looking good fiscally,” said Osao Iizuka, head of foreign-exchange trading in Tokyo at Sumitomo Trust & Banking co., a unit of Japan’s third-largest banking group. “Risk aversion may cause selling of high-yielding currencies.”

Australia’s dollar declined to $1.0485 as of 11:35 a.m. in Sydney from $1.0509 in New York yesterday. The Aussie weakened 0.4 percent to 86.55 yen. New Zealand’s dollar fell 0.6 percent to 78.64 U.S. cents, and slipped 0.7 percent to 64.91 yen.

The MSCI Asia Pacific Index of shares slid 1.1 percent after the Standard & Poor’s 500 Index fell 1.1 percent yesterday.

S&P put the U.S. government on notice that it risks losing its AAA credit rating unless policy makers agree on a plan by 2013 to reduce budget deficits and the national debt.

‘Meaningfully Weaker’

“If an agreement is not reached and meaningful implementation does not begin by then, this would in our view render the U.S. fiscal profile meaningfully weaker than that of peer ‘AAA’ sovereigns,” New York-based S&P said yesterday in a report that maintained its top rating on U.S. long-term debt while lowering the outlook to “negative” for the first time.

The Australian and New Zealand dollars were among the worst performers versus the yen today of 16 major counterparts after Greece’s Eleftherotypia newspaper said yesterday the nation asked the International Monetary Fund and European Union to extend the maturities of all its debt.

Finance Minister George Papaconstantinou brought the request to EU finance ministers at their meeting in Hungary on April 8-9 and to representatives of the EU, European Central Bank and IMF who visited Greece in April, the Athens newspaper said, without saying where it got the information.

Australia’s currency was little changed after the Reserve Bank of Australia viewed its policy setting as “appropriate,” saying it will look through higher inflation and slower growth stemming from natural disasters,

“Headline inflation was likely to be quite high in the March quarter, while GDP would be held down, to a greater extent than earlier assumed,” the RBA said today in minutes of its April 5 meeting. In setting interest rates, “the board would look through these fluctuations,” it said.

Monday 18 April 2011

Gold Climbs to Record on Concern Global Inflation Accelerating - by Bloomberg


Gold advanced to a record for a third day as mounting inflation around the globe and Europe’s sovereign-debt crisis prompted investors to seek a store of value. Silver climbed to the highest price in 31 years.

Immediate-delivery bullion gained 0.1 percent to $1,488.68 an ounce and traded little changed at $1,485.35 at 10 a.m. in Singapore. Gold for June delivery in New York also climbed to an all-time high of $1,489.70 an ounce.

The “uncertainty in the euro zone and inflation concerns in Asia appear to be the main drivers” of the price, said David Thurtell, Singapore-based head of metals research at Citigroup Inc. “The latter was confirmed by the overnight move by the People’s Bank of China to tighten monetary policy.”

China raised banks’ reserve requirements yesterday to cool inflation and central bank governor Zhou Xiaochuan said that the tightening will continue for “some time.” Consumer prices in China rose at their quickest pace since 2008 in March, exceeding the government’s 2011 target for a third month.

Inflation in the 17-nation euro region quickened to 2.7 percent from 2.4 percent in February, the European Union’s statistics office said last week. U.S. wholesale costs rose 5.8 percent in March compared with a year earlier, and the government said that the cost of living rose for a ninth month.

Gold, which has surged 31 percent in the past year, has gained every year since 2001 on increased investment demand for commodities and on concern that currencies may be debased as central banks stimulate their economies. Unrest in the Middle East, sovereign-debt problems in Europe and Japan’s nuclear crisis have also bolstered sales this year.

Declining Dollar

Moody’s Investors Service cut Ireland’s credit rating by two notches to the lowest investment grade last week, eroding the value of the euro. The dollar has declined 5.1 percent against a basket of currencies this year.

Gold’s 10-year rally has attracted billionaire investors such as George Soros and John Paulson, who seek a store of value as record-low interest rates erode returns on currencies.

“Demand for gold and silver is strong and growing,” Lachlan Shaw, a commodities analyst at Commonwealth Bank of Australia, wrote in a note today. “Negative real deposit rates and lack of investment alternatives could support investment demand for gold for some time yet.” Negative real deposit rates pay savers less on deposits than the rate of inflation.

The U.S. Federal Reserve has kept the benchmark rate in the world’s largest economy at zero percent to 0.25 percent since December 2008 to stimulate growth. Gold held in exchange-traded products rose 19.3 metric tons to 2,069.95 tons on April 15, the highest level since Jan. 24, data compiled by Bloomberg from 10 providers show.

Cash silver gained as much as 0.7 percent to $43.28 an ounce, the highest level since 1980. Palladium and platinum were little changed at $765.50 an ounce and $1,789.75 an ounce, respectively.

Wednesday 13 April 2011

Info tentang kenaikan dan kejatuhan harga EMAS dunia

US Dollar strength,weakness and the price of GOLD: A Primer.

When the US Dollar gets stronger, it takes fewer dollars to buy any commodity that is priced in $USD. When the US Dollar gets weaker it takes more dollars to purchase the same commodity.

The price of all US Dollar denominated commodities, like gold, will change to reflect the fact that it will take fewer or more dollars to buy that commodity. So it’s quite possible, in fact it’s almost always the case that a portion of the change in the price of gold is really just a reflection of a change in the value of the US Dollar. Sometimes that portion is insignificant. But often the opposite is true where the entire change in the gold price is simply a mathematical recalculation of an ever-changing US Dollar value.

When the dollar gets strong, gold appears to go down, and vice versa. That accounts for part of the fluctuations that we see in the value of gold.

The other part is an actual increase in the supply or demand for gold. If the price is higher when being measured not only in US Dollars, but also in Euros, Pounds Sterling, Japanese Yen, and every other major currency, then we know the gold demand is higher and it has actually increased in value.

Consequently, if gold is higher in US Dollars while at the same time cheaper in every other currency, then we can conclude that the US Dollar has weakened, and that gold has actually lost value in all other currencies. But the price, because it is being quoted in $USD will be higher and give the illusion of gold becoming more valuable. In such a case the devaluation of gold, due to increased supply on the market, is camouflaged by a weakened US Dollar.

Our feature on kitco.com breaks the change of the price of gold into 2 components. One part shows you how much of that change can be attributed to US Dollar strength, or lack of it. The other portion is indicative of how much the price changed as a result of normal trading. Interestingly whatever changes happen to the price of gold as a result of US Dollar strength/weakness also occurs to every other US Dollar denominated commodity by the exact same proportion.

About the KITCO Gold Index: What is it and why is it relevant?

The Kitco Gold Index has one purpose, that is to determine whether the value of gold is actual, a reflection of changes in the US Dollar value, or a combination of both.

The U.S. Dollar Index® represents the value of the US Dollar in terms of a basket of six major foreign currencies: Euro (57.6%), Japanese Yen (13.6%), UK Pound (11.9%), Canadian Dollar (9.1%), Swedish Krona (4.2%) and Swiss Franc (3.6%). It is an exchange traded (FINEX) index and has become a standard used worldwide.

The Kitco Gold Index is the price of gold measured not in terms of US Dollars, but rather in terms of the same weighted basket of currencies that determine the US Dollar Index®.

Since the Kitco Gold Index has no US Dollar component it needs to be compared to the actual US Dollar price to give it some perspective. In all of the historical and live charts that we are displaying here we’re showing both trend lines for the purposes of making this comparison. Here are a few possible situations that you may see and what the meaning could be:

Sunday 10 April 2011

Investment/Pelaburan

Investment itu adalah planning atau perancangan..
Investment bukan lah sejenis produk atau bahan seperti yang kita fikirkan..samada Emas, Perak, Real Estate, Bond, Mutual Fund atau lain-lain..itu adalah produk untuk execute atau menguruskan investment kita.
So, tanya diri kita...apakah perancangan yang telah kita buat untuk family kita untuk masa hadapan? Boleh kah kita memberi alasan kepada anak-anak kita apabila mereka sudah besar dan ketika mereka ingin melanjutkan pelajaran mereka.."Ayah/Mak takde buat la simpanan untuk kamu masa kamu kecik dulu...kita pinjam duit MARA atau PTPTN jelah untuk sambung belajar...nanti kerja boleh bayar balik..." ini adalah typical mentallity yang ada pada masyarakat kita sekarang..Tapi bolehkah cara ini atau adat ini diteruskan 10 - 20 tahun akan datang? Berapakah agaknya kos pembelajaran pada masa itu...? berapakah jumlah inflasi waktu itu..? yang paling penting, wujud lagi tak pinjaman pelajaran pada masa itu? Kita mungkin tak sedar bahawa sekarang ini kuasa membeli (power of purchase) sudah semakin menurun kerana disebabkan oleh inflasi..dan juga kejatuhan mata wang dunia..tak mustahil kerajaan kita juga akan hilang daya kemampuan untuk menanggung kos pembelajaran anak-anak kita satu hari nanti..sanggupkah kita melihat generasi kita semakin lama semakin tidak cukup ilmu pengetahuan dan pelajaran hanya disebabkan oleh kesilapan atau sikap terlepas pandang kita?
Jika anda fikir duit simpanan anda adalah selamat didalam akaun simpanan atau ASB dan boleh menampung perbelanjaan masa depan, anda silap. Berapa kah pulangan yang anda dapat dari simpanan CASH anda itu berbanding dengan jumlah peratusan inflasi yang sentiasa terjadi pada dunia? Adakah ianya berbaloi? Kita seharusnya mencari atau membuat Planning/Investment dengan lebih teratur dengan mengambil kira inflasi dan juga pulangan yang akan kita dapat dari investment kita tadi.. sebagai contoh yang mudah, sekiranya peratusan inflasi yang kita alami itu adalah 3% setahun, dan jumlah pulangan simpanan CASH kita tadi mendapat 9% setahun...adakah ianya berbaloi untuk disimpan dan dibelanjakan di masa hadapan? Tepuk dada tanya selera...Sekarang cuba tanya diri kita sendiri, dulu RM0.50 boleh tak kita beli nasi lemak dan minuman di sekolah? Hmmm...sekarang boleh dapat apa dengan RM0.50? Semua ini akan terjawab sekiranya financial IQ kita tinggi dan berpengetahuan...
Sebut pasal Financial IQ, ianya sebenarnya mempunyai 5 perkara yang sangat penting untuk kita belajar dan mendalami ilmu Financial IQ ni...

1) Making more money (Cari duit banyak2)
2) Protecting your money (Lindungi duit anda)
3) Budgeting your money (Rancang duit anda)
4) Leveraging your money (Tingkatkan duit anda)
5) Improving your financial information (Tingkatkan ilmu pengetahuan kewangan)

Jadi,dari 5 perkara diatas ada termasuk soal investment juga..setiap yang diatas perlu diperinci dan difahami sedalam-dalamnya..baru lah kita dapat tingkat kan Financial IQ kita..saya sendiri masih lagi belajar dan cuba lakukan apa yang termampu untuk educate diri sendiri,family dan sahabat-sahabat..harap kita semua dapat kongsi dan sebar-sebarkan ilmu yang kita pelajari..
Sambil itu...mari lah kita sama-sama memilih jalan atau jenis produk untuk investment kita dengan betul...Terima kasih.

Thursday 7 April 2011

RICH DAD sharing quotes and lesson

Kali ni saya nak share some info atau pun kata-kata dari Robert Kiyosaki (RICH DAD).
Mungkin kita boleh belajar something dari sini untuk improve diri kita sama-sama..

The 90/10 Rule
Throughout history, 90 percent of the money has been made by 10 percent of the people. For instance, 10 percent of the athletes make 90 percent of the money made by all athletes. This is one of the rules of money that Rich Dad taught me. One reason the 90/10 rule has applied is that 90 percent of the people choose comfort and security over being rich. Most of these people do not realize they could choose to be rich.

While the 90/10 rule still holds, it’s being challenged by the changing circumstances that the information age introduced. Thanks to the electronic revolution, it is now possible for more and more people to gain access to the world of wealth, for wealth now resides in information that flies over the airwaves and through television and computer networks. Information is not restricted to the few, as land and resources were in past ages.

The Internet epitomizes this new avenue toward wealth, for it enables the masses to gather information and interact with one another in almost complete freedom. Today it’s possible for people to take their ideas and, with the help of this new-age medium, build products or services around them. Network marketing, the selling of consumer goods, investing, publishing—these are only a handful of the thousands of on-line activities that have been launched by aspiring entrepreneurs and savvy investors.

We’ve only just begun to see what kind of world is possible in this new age of information, but I’ll wager that in the near future, the pressure of the information age is going to shatter the old 90/10 rule. It has never been easier to choose to be rich.

Take Note
The times are rapidly changing, and if you want to be rich, your approach to money and investing has to change too.

When I was a boy, Rich Dad used to say, “If you want to get rich, you need financial literacy. You have to learn to be an investor.” My educated dad disagreed. “I don’t need to learn how to invest,” he’d say. “I have a guaranteed government pension plan, a pension from the Teachers Union, and Social Security benefits. Why take risks with my money?” That’s head-in-the-sand thinking. If you think your financial security is the responsibility of a company or the government, you’re going to be sorely disappointed in the coming years. You need to switch from industrial age to information age thinking:


People get old or obsolete because they cling to old ideas. Rich Dad used to say, “You can’t help but get older physically. That doesn’t mean you have to get older mentally.” If you want to stay young longer, adopt younger ideas.


It would be great if everyone had a Rich Dad and grew up learning financial literacy. Most of you didn’t have such an advantage. Don’t let that discourage you. Regardless of what did or didn’t happen in the past, when you’re ready to make big changes, amazing things can happen in a short time. Many great fortunes have been built by determined people who started out later in life, even people who were in considerable debt. Look at Colonel Sanders-he was sixty-six and broke when he started Kentucky Fried Chicken.

Industrial age thinking

• Study hard and find a safe, secure job.
• Get a job and save money.
• Your pension and Social Security will protect you in retirement.
• Your income will go down when you retire.
• Diversify your investments.
• Blue chip stocks and mutual funds are safe investments.
• Put your investments in the hands of someone else.


Information age thinking

• Study hard but also become financially literate.
• Create assets on your own.
• Your pension and Social Security will not support you in retirement.
• Your income should increase as you age.
• Concentrate your investments.
• Blue chip stocks and mutual funds will not protect you if there is a stock market crash.
• Watch your investments but seek competent advisors.

Sekian untuk hari ini.... saya akan cuba share lagi yang lain di masa hadapan.
Yang penting sekarang, cuba fahami apa sebenarnya yang di ajar oleh RICH DAD ni..
Dan pada yang belum familiar siapa itu RICH DAD POOR DAD, boleh google info atau lagi bagus beli je buku RICH DAD POOR DAD. Buku ni pernah jadi best seller selama beberapa tahun dan mempunyai 38 bahasa seluruh dunia. Terima kasih..

Tuesday 5 April 2011

Pelaburan Silver/Perak

Macam dalam post saya yang lepas..tujuan saya sebenarnya nak share dengan anda dan kengkawan semua.
Blog saya ni bukan untuk menjual semata-mata..tapi saya lebih suka kalau anda semua anggap blog saya ni sebagai blog untuk kita share info dan knowledge sambil-sambil kita membeli/menjual Emas dan Perak Public Gold ni. Bak kata tajuk blog ni lah.. Intai - intai emas..... hehe.
Saya sebenarnya nak berterus terang dengan anda semua mengenai pelaburan Perak/Silver ni.. Saya sendiri sebenarnya selepas menjadi dealer PG dan membeli Emas untuk simpanan sendiri, baru saya tersedar tentang Silver ni...rupa-rupa nya saya sudah terlepas pandang kebaikan dan kelebihan pelaburan Silver.
Semua orang tahu yang harga emas naik lebih kurang 25% tahun lepas..tapi saya nak tanya anda semua, berapa orang yang tahu atau study history harga Silver ni sepanjang tahun lepas, 2 tahun lepas, 5 tahun lepas atau selebihnya? Sebelum saya nak bercerita lebih panjang tentang pelaburan Silver ni.. lebih baik anda check website ni dulu dan cuba perhatikan berapakah peratusan kenaikan harga Silver untuk 1 tahun, 2 tahun dan selanjutnya...

http://silverprice.org/silver-price-history.html

Macam mana?? anda terkejut? sama lah macam saya bila pertama kali tengok sejarah kenaikan harga Silver ni. Tak dinafikan kenapa agama kita menyuruh dan menggalakkan kita sebagai umat Islam untuk menyimpan atau menggunakan Emas dan Perak. Mungkin ini lah sebab nya...tiada mata wang mana-mana negara yang boleh memberi jaminan seperti Emas dan Perak.
Saya suka berkongsi dengan anda bila bercakap tentang pelaburan atau INVESTMENT. Kenapa kita perlu ada investment?
Pada saya untuk kita betul-betul buka minda dan hati untuk membuat investment adalah datang nya dari pengetahuan dan kesedaran kita dari segi Financial dan masa depan.
Saya ingin berkongsi dengan anda tentang seorang yang bernama Robert Kiyosaki. Anda kenal dengan nama ini? atau anda pernah terdengar nama ini? Kalau nak tahu lebih lanjut, anda boleh cari video-video di youtube atau google cari nama ROBERT KIYOSAKI.
Sebenarnya Robert ni orang nya sama je macam kita semua..cuma yang membezakan kita dengan dia adalah kesedaran dan pemahaman tentang perniagaan dan juga pelaburan. Jika anda membaca buku-buku Robert beliau banyak menekan kan tentang FINANCIAL LITERATURE... apa benda ni?
Saya nak cerita panjang pun susah juga..tapi anda baca lah sendiri tentang Robert ni dan juga teori-teori dan tips-tips untuk kita berjaya didalam bidang perniagaan dan pelaburan..salah satu benda yang saya nak kongsi maklumat dengan anda semua ialah, si Robert ni mula membeli dan menyimpan Silver dari tahun 1985..masa tu harganya kalau ikut info yang dia cakap harganya lebih kurang USD2 per once troy (31.1gm). Sekarang ni dah nak mencecah USD40 per once troy..bayangkan berapa banyak yang si Robert ni untung dan boleh tak anda bayangkan berapa banyak jumlah simpanan yang dia ada? Saya ada terbaca satu artikel tentang dia, Robert selalu sebut tentang ASSET dan LIABILITY... dua benda ni katanya orang selalu salah ertikan. Ramai antara kita menganggap membeli rumah atau kereta adalah sebagai menyimpan asset. Tetapi cuba fahamkan apa maksud asset itu sendiri sebenarnya. Robert jelas kan disini ASSET adalah sesuatu yang kita beli tetapi ianya memberi pulangan wang masuk kedalam poket kita..bukannya keluar. Maksudnya, kalau kita beli rumah untuk kita sendiri tinggal dirumah itu, dan kita membuat pinjaman dari bank untuk pembiayaan rumah tadi..maka ia bukan lah ASSET itu ialah LIABILITY. Sebab kita kena menanggung hutang bank untuk membayar rumah tadi. Tapi kalau kita membeli rumah dengan membuat pinjaman kemudian rumah tadi disewakan kepada orang lain dan duit sewa itu kita buat bayar balik ke bank...itu baru dinamakan ASSET. Apa yang menarik tentang si Robert adalah, saya sangat terkejut apabila dia katakan bahawa rumah-rumah, apartment-apartment dan segala asset hartanah yang dia ada bukan hasil pembelian dari WANG atau duit poket atau simpanan.. semuanya hasil dari pelaburan-pelaburan yang dia ada seperti Emas dan Perak. So impressive!! Bagaimana beliau lakukan ini? Saya sebenarnya pun sedang belajar dan membaca buku-buku dari Robert untuk belajar benda ni.. antara nya yang bertajuk POOR DAD RICH DAD..kalau nak, sama-sama lah kita belajar dan pertingkatkan ilmu kita didalam Financial dan Investment. InsyaALLAH, mungkin apa yang baik kita boleh jadikan rujukan dan tauladan...
Saya sendiri sekarang ni dah terlibat secara langsung didalam pelaburan Emas dan Silver dan juga dah menjadi dealer PG, saya nak ambil kesempatan ini untuk share info dan knowledge dengan anda semua sambil-sambil anda nak lock harga dengan saya...hehe. InsyaALLAH kalau ada rezeki...tapi tulah... memang pelaburan ini sangat penting dan menguntungkan kalau kita pandai dan faham selok belok nya... ianya mungkin boleh jadi sleeping money untuk anda..(duit yg bekerja untuk anda ketika anda sedang tidur)... Amin...