Gold edges up on weaker dollar, dovish U.S. Fed policy bets
-
Gold edged higher on Monday, helped by a weaker dollar and expectations
that the U.S. Federal Reserve will reiterate its dovish monetary policy
stance t...
4 years ago
6 comments:
planning to buy a few banking cw yday . .but fail ..
anyhow, due ms.sime drop huge. .so mkt sentimen are sick. . . . .
With the review of OPR and strong GDP result did not bring any good effect on FBM KLCI index today.
It really show that most of the investor did not believe Malaysia economic was that good and I think they know the real number.
This sign is vary danger due to any thing may happen when government start cover the real economic data. Be safe we better take out all our money to buy into gold.
Hi, Durian Edge,
Your comments are excellent, You are right that Malaysia Economy may be heading to the Rock in the middle term.,
Gold will be knocking the USD1300 per ounce soon, as it was traded at its all time high @ USD1245 LAST Thursday night!
So be cautious, there are many Bull traps in the Bursa Stocks
Thanks
Hi kyong
Thanks,
Base on today market situation some thing is vary wrong. News keep report that the drop in FBM KLCI is mostly due to SIME but I note that all bank share did not go higher also with the vary good financial report.
Most of the time with GDP increase 10% share market will up but Malaysia share market drop, a phoneme that never happen before.
Hi Durian,
Are this a sign that our market will crash soon?
Hi Ivan
Hard to said because now no one will know the true data about Malaysia, only the government know and in Malaysia, government can hide it anyway without Q ask.
May be due to this reason all the FDI money is run away and since the FDI money is not in the market, vary big money flow out from share market may not happen so market may not crash but may move sideways.
Post a Comment