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2008-10-22

A good time to buy Gold

At 1:19pm Gold just drop to RM88.32 per gram selling by Public Bank Gold Investment account. This is a good time to buy in Gold, In long term sure Gold price will up. The highest gold price hit RM 106.38 just 2 week ago, since now the USD 1 is around RM 3.50 and this situation will drop after US print and issue out new money.

Now US is speculate Gold price down so that it can accumulate more gold for printing more USD to help US local bank. When the speculation over, Gold price will go high again.

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Investment Idea

My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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