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2009-02-12

Ringgit Malaysia Value Is Moving Lower Vs USD

http://upload.wikimedia.org/wikipedia/en/1/1d/100_malaysia_ringgit_front.jpg

Malaysia ringgit value is moving lower compare USD. Now Gold price around USD937.54 per ounce or equal RM 3,412.64.

Malaysia ringgit value had drop since begin of the year 2009 and I think it will go lower so now is a vary good choice to invest in Gold, it was no use to save money in bank in Malaysia ringgit note due to day by day the money value is getting smaller.

http://www.usagold.com/images/gold-coins-images.jpeg
This is the true face of Malaysia economic, the government can make vary good report or said foreign fund is still in Malaysia but Gold price will said it all this is wrong.

Malaysia economic is bad.

1 comments:

Elvis2020 February 13, 2009 at 3:25 PM  

Gold price heading south soon coz recovery in US look possible. Hedge funds will make huge sell down on gold. So better take profit within this month.

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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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Malaysian Ringgits per Gram

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