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2008-11-22

Gold price incense 10% in a week time
























On 14 Nov 2008 1 g of gold buy back by Public Bank is RM 84.72 and now gold price had short up to RM 93.53 close on 21 Nov 2008.

About RM 8.81 incense per gram or 10.4%. If you had buy 60g during RM 84.72 ( RM 5,083.20 ) and now you had earn RM 528.60. This investment is risk low compare share but the profit is better that share due to now the share market is vary unstable.

old posting
Gold charts are beginning to display marks of rounding bottoms

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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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