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2009-01-13

USD is starting to appreciate against most currencies

Gold Coins
USD is starting to appreciate against most currencies, now 1 gram of GOLD is sold USD26.40 and equal to RM96.73. For Malaysia ringgit will drop in value and it's good time to buy in gold to keep because ringgit note is lossing value. Same go to KLCI, the share market is about to drop! I think before KT election the KLCI will drop havery.


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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.

Malaysia Gold Price

Gold Price Per Gram in Ringgits
Malaysian Ringgits per Gram

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