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2009-03-20

Gold & Black Gold Price Move Up

US dollar drop has make the oil price go up and also gold price. Now Gold price is above RM100 per gram and unlikely the price will go down below it. With the US Dollar value drop, Oil price and Gold price sure will go height and I think this time Gold price will go up like what happen on last year Oil price before the economic crisis happen.

The gold price is headed for another shot at $1,000, and may pierce this time.

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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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Gold Price Per Gram in Ringgits
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