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2010-06-18

People rushing into Gold market















Gold price rally up since mid of May and now base on the chart, it forming a bullish pattern so it will likely gold price will move up higher this year.

Sure that is a reason why gold price going up. Gold always is a safe platform when share market is not safe, base on the demand of gold in the market sure all this big buyer know what really going to happen in the market.

Yesterday FBM KLCI show that the index is supported even most of the Asia share market was drop. If you think the market is supported and jump in now, you will drop into their trap. If the vol in this few day is low, FBM KLCI may supported well once vol move up, FBM KLCI will drop when Asia market dip and FBM KLCI may dip more that end of May dip.

Put some of your investment in Gold will always profitable because US already printing out money to support the market so sure gold value need to be up and soon Eurozone also will do the same to support the market and sure gold price will move more up.

4 comments:

JC June 19, 2010 at 2:25 AM  

nice blog...feel free visit my blog...http://myinvest89.blogspot.com

Anonymous June 20, 2010 at 2:53 AM  

Hey
sory to write to you like this, but i could not find the contact form. I really like your blog and i was wondering if you would maybe like a link exchange with my website www.makemoneyinstocks.net . My site has many good articles, is a non-profit site and gets over 40.000 different visitors per month. I think we would both benefit out of this exchange alot. We would get higher position in search engines and many new visitors from each others investment sites.

Well please let me know on admin@makemoneyinstocks.net . I would really like a link exchange with your blog (I like it alot).

Thank you in advance for your reply.

Cheers,
Matt

Durian Edge June 20, 2010 at 8:31 AM  

Hey Matt,

Thanks for visiting my blog, I also like to link exchange with your website. I had add you into "Blog I Follow"

Durian Edge June 20, 2010 at 8:38 AM  

Hi JC

Nice blog, you are welcome to visit my blog daily.

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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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