India, not Trump, is the real reason behind the crash in gold prices
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If you have been puzzled about the crash in gold prices after Donald
Trump's election, you are in the company of almost every analyst and media
outlet i...
8 years ago
2 comments:
From what i see now, the markets are moving too far from fundamentals. Oil oledi at USD72 when demand is very weak(mean u, unemployment almost 10% in US). People in US are losing jobs and oledi gas price going up. Can you see the logic there? All this talk about greenshots, recovery, etc are confidence game. Analyst are looking at half full glass. The bad corporate and persona debts are still in the financial system and i believe US government has made a big mistake for ignoring these fundamental problem. What goes up will come down when reality sets in. Malaysia wise, things are okay. But the prices of stocks are too expensive at the moment. And i believe, the tendency of OVERACT is the main source here. Cheers....be patient, markets will go down....and buy when everybody OVERACT again.
Oh ya, some companies will also go bankrupt in Malaysia. MAS technical under PN17 because of almost 1BILLION losses. Can you imagine MAS could loss so much. And they play it as if it's only like losing 1MILLION? Incredible!!It's like a asking a friend how much he loss in stock market. He's answer is, "Oh, only 1 million..not much". And not the shocking, "OMG, 1 LOST 1 MILLION DE!!!".
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