GLD-C1 Hits high At RM0.215

GLD-C1 is gold warrant base on SPDR GOLD SHARES. GLD-C1 will be expire at 7 APR 2010 with left 146 days which make GLD-C1 not in investor radar, however gold price usually hits high in 4Q of the year and drop to lowest by end of 1Q of the year. So GLD-C1 only will be good value by this year end and since gold price is making new high each week I think GLD-C1 will go higher in Dec 2009.

For me GLD-C1 is only a short term investment, keep more that this year may likely to lose your profit due to gold price may drop or correction by 1Q 2010. Now invest into gold also see some risk and hopefully gold price did not follow last few years oil price move will a Tsunami price drop. If this Tsunami happen in gold price I think share market will also effected hard.

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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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