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Gold
May 13, 2011 1:40:46 GMT 8
Post by dummmy on May 13, 2011 1:40:46 GMT 8
Dear Admin, Good day and hop you guys doing good!! Just a quick question if Admin could provide some comments and feedbacks. Is it good and make sense to invest in gold at the moment? I understand that currently Maybank and Public Bank is providing this facilities for the public to invest in gold in the form of savings passbook and not physical gold. I am looking at long term like 1 or 2 or 5 years down the road if gold is good investment to go in at the moment. Hope to receive some good comments from Admin. Appreciate that a lot. Many Thanks, Dummy
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Gold
May 13, 2011 10:13:46 GMT 8
Post by alexsymbols on May 13, 2011 10:13:46 GMT 8
For short term, say from now onwards to 12-15 months later, the answer is : YES.
But more than 15 months later, we don't think it is wise.
Gold is Futures, not something solid. And for the present moment, Gold Futures price is linked to USD, but one day, if that link is broken, Gold Futures will crash.
If you can get away before the crash and get it back later after the crash, you make a lot of money.
We can do pretty well with shares market benchmark index Futures, but cannot perform the same effect to commodities. Shares markets benchmark index has weakness in blue chips, and with the rushing in of retail traders, it is not that easy to control the outcomes of shares market benchmark index totally, thoroughly and absolutely. But commodities aren't working like this.
Commodities Futures are more or less like 4D gambling where the price placers (=4D bankers) have the total rights to decide the outcomes, and if there is any reference point for decision making, it should be the betting distribution.
We are expecting USD exchange rate rise against other currencies and commodities as well starting Feb-2012 till London Olympics, and after London Olympics, ..... .
If you can get what we try to hint, you should be able to see the crashing time, right ?? Cannot be too obvious becoz the entire price placers are watching Alex Symbols 24 hrs a day !!
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Gold
May 13, 2011 11:35:02 GMT 8
Post by dummmy on May 13, 2011 11:35:02 GMT 8
Dear Admin, Many Thanks for your comments. Appreciate that.
If gold commodity is more or less like 4D gambling, don't you think the price placers=4D bankers will make sure surviving of the commodity and will not let them collapse? From the perspective of betting distribution in 4D, this could mean in gold the swing of the price is not just determine by price placers alone but also the current market condition whichever suit them and more to their advantage for just one reason -> For the price placers to make money.
Maybe some correction to gold future price but how much we talking abt that's remain to be seen.
Appreciate admin time and assistance.
Many Thanks, dummy
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