Saturday, November 12, 2011

Koleksi Emas ~ Dinar Kelantan

Indah tak terduga, comel sungguh tak terkata, nilai instrinsik tak terjangka...

Sunday, October 16, 2011

Crashing Gold & Silver

Crashing Gold and Silver

A recent article about gold demonstrated that in their Wall Street orientation they simply don’t understand much about gold.

“A fortnight ago gold recorded its worst week since 1983. Skeptics are now questioning gold’s credentials as one of the few shelters from financial storms. Some investors have begun to worry about whether this is the end of gold’s spectacular surge.”

September was the worst month for gold since Lehman Brothers collapsed in October 2008.

How come? The banking crisis and the threat of government default should have been good for gold, right? Old habits die hard, so when the stock market began to crash, people fled to cash.

If you bought silver or gold in August, you were hurt in September. But you buy silver not only as an investment but also as insurance against inflation. You wouldn’t cancel your insurance policy in the middle of a hurricane, and you shouldn’t sell silver when it takes a tumble. Like any insurance, silver’s value will pay out over time, not day by day.

People buy gold either as an alternative to the dollar as a store of value or as blanket coverage against all the world’s ills.

When I worked as a stock broker many years ago, I learned that the way to make money in the investment world was to buy low and sell high.
Gold and silver are both important indicators.  Silver has been down even worse than gold percentagewise in the last couple of weeks giving us another opportunity to buy.

I recently received a call from a financial show in Texas. They asked me if I was turning sour on the metals because they had taken a big nose dive. My answer was NO! This is simply an opportunity. If you are supposed to buy low and sell high, how can you buy low unless it is in disfavor?

I believe gold and silver will come back big time. Gold is not a general hedge against calamity; it is a hedge against the loss of the purchasing power of paper money. It’s the opposite of paper.

Paper money is still a means of exchange, but it is no longer a store of value. Gold and silver are stores of value and I believe they will again become a means of exchange.

Don’t panic, but look at these gyrations as real opportunities. Gird up your loins and start buying silver as long as it is depressed. Down the road you will brag about how smart you were.

I remember a time that I panicked back in the ‘70s when Jimmy Carter announced that they would sell gold from Fort Knox to drive down the price of gold to strengthen the perception and integrity of the distressed financial system. Gold plummeted about $300 an ounce. I panicked and sold. Gold not only recovered but went on to new highs. I missed a substantial part of that move.

It scared me then, but it does not scare me now. It is an opportunity, so take advantage of it. Percentagewise silver will outperform gold. S

I can’t promise that silver will go up in a straight line, or even repeat its terrific gains of the last couple of years. But the worse price inflation gets, the better silver will do.

By Howard Ruff
The Ruff Times


Howard J. Ruff, the legendary author and financial advisor, is the author of the 1978 mega best seller, How to Prosper During the Coming Bad Years, which still the biggest-selling financial book in history, with 2.6 million copies in print. He is founder and editor of The Ruff Times financial newsletter. The newsletter is much more comprehensive and deals with a broad spectrum of middle-class financial issues and includes an Investment Menu from which you can build your portfolio. (You can learn about it here). The Ruff Times has served more than 600,000 subscribers – more than any financial-advisory newsletter in the world. You can get Howard’s current book, How to Prosper In the Age of Obamanomics free when you subscribe to The Ruff Times (, or if you buy the book at your favorite bookstore, you can deduct $10 from the subscription price.

Friday, August 19, 2011

Good Gains From Gold

Gold seen peaking at $1,900/oz in next 6 months - GFMS

By Siddesh Mayenkar
MUMBAI | Thu Aug 18, 2011 9:34pm IST

(Reuters) - Gold could hit $1,900 an ounce in the next six months, driven by buyers seeking an investment safe from global economic problems, but a further rise to $2,000 looks unlikely, metals consultancy GFMS said on Thursday.

"Gold will be muddling through to peak at $1,900 (an ounce) as U.S. data points have been ambiguous, the action on the fiscal and monetary front is also ambiguous," said Paul Walker, global head of precious metals at GFMS, which has been acquired by Thomson Reuters.

Gold extended record highs above $1,825 an ounce on Thursday after poorly received U.S. jobs data hurt assets seen as higher risk, such as stocks, while boosting interest in nominal safe havens such as gold.

So far in August, the price has risen by more than 12 percent, putting it on track for its biggest monthly gain since November 2009.

"In the time frame, we really need exceptionally dramatic news to push gold above $2,000 and this is not our base case," said Walker. "This is highly unlikely."

Although gold remains off its inflation-adjusted peak above $2,000 struck in 1980, it is one of the top performing assets this year, up by over 28 percent versus a 15-percent loss in U.S. blue-chip stocks or a 7.7-percent decline in the price of copper.

He said there was a high probability of India's gold imports crossing 1,000 tonnes this year -- up four percent on 2010 -- as expectations were for prices to gain further.

The World Gold Council in a report on Thursday said Indian gold jewellery buying was up 17 percent in the second quarter and that signs of strength in the market remained.

Gold imports by MMTC, India's second biggest importer of the metal, have tumbled to 5 tonnes so far in August as buyers preferred a 'wait-and-watch' approach. Walker said consumers would wait for price stability before jumping in.

"People are getting accustomed to this kind of a benchmark (price) even though it is at incredibly elevated levels. Everybody who is involved in the value chain in the Indian gold market thinks prices will go up," said Walker, ahead of a conference in Kerala.

Silver prices could extend gains to $50 an ounce in the next months from around $40.60 an ounce now, he added.

"It will follow gold up ... It will move towards $50, but it is going to be a hell of a lot more volatile," said Walker.

Silver prices have more than trebled since 2008 to peak at $49.51 an ounce this year.

"Silver will benefit from the same factors as that of gold from rising investment drivers. Until the global macro situation gets clearer, prices will go higher," he said.

(Editing by Anthony Barker)

Permintaan kukuh pengguna serta pelabur global menjelang 2014

Sedikit berita baik untuk penggemar-penggemar emas. Harini dalam akhbar-akhbar utama memaparkan berita2 berkenaan jangkaan kenaikkan harga emas menjelang tahun 2014. Jom kita tengok apa yang dibincangkan dalam akhbar tersebut

Harga emas RM202.57 segram

Oleh Mahanum Abdul Aziz

Permintaan kukuh pengguna serta pelabur global menjelang 2014

HARGA emas dijangka meneruskan aliran meningkatnya sehingga mencecah AS$2,100 seaun atau AS$67.5 (RM202.57) segram menjelang 2014, meningkat 33 peratus berbanding harga semasa AS$1,527.2 (RM) atau AS$49.1 (RM147.32) segram susulan permintaan kukuh pengguna serta pelabur global.

Ketua Strategi Pelaburan Standard Chartered Bank (Stanchart), Steve Brice, berkata menjelang awal tahun depan, harga emas dijangka meningkat melepasi paras AS$1,600 seaun atau AS$51.4 (RM157.34) segram, 4.3 peratus lebih tinggi berbanding harga semasa.
Brice menjelaskan, terdapat kaitan ketara antara pendapatan isi rumah di China dan India dengan harga emas berikutan peningkatan pendapatan boleh guna di dua negara pembeli emas utama dunia itu yang mana akan menggalakkan permintaan logam berharga berkenaan.

Kumpulan perbankan universal yang memiliki lebih 1,700 cawangan di seluruh dunia itu, menjangkakan ekonomi China dan India akan terus mencatatkan pertumbuhan mantap, sekali gus melonjakkan pendapatan boleh guna rakyat di negara berkenaan.

“Permintaan emas dijangka terus meningkat kerana pelabur melihat komoditi itu sebagai pelaburan lindung nilai,” katanya pada taklimat media mengenai jangkaan pelaburan pada separuh kedua tahun ini di Kuala Lumpur semalam.

Selain itu, Brice berkata, kebimbangan terhadap pemulihan ekonomi Amerika Syarikat (AS) juga menyebabkan bank pusat di seluruh dunia meningkatkan rizab emas masing-masing, justeru menyokong harga komoditi itu terus didagangkan pada harga tinggi.

Sementara itu, tambah beliau, keadaan kadar faedah benar yang masih negatif di AS menawarkan persekitaran yang baik untuk emas.
“Sejarah membuktikan pulangan dalam pelaburan emas sangat tinggi ketika kadar faedah sebenar adalah negatif,” katanya.

Bekalan emas juga, katanya, dijangka mengalami kekangan dalam tempoh terdekat dan ia akan terus menyokong kenaikan harga komoditi itu.

“Kita jangkakan harga emas akan mencecah AS$2,100 pada 2014 dan AS$1,600 pada suku pertama 2012,” katanya.

Pada suku keempat tahun lalu, permintaan barang kemas di India dan China masing-masing meningkat sebanyak 52.8 peratus dan 31.9 peratus berbanding tahun sebelumnya.

Secara keseluruhan, permintaan barangan perhiasan emas global meningkat 8.5 peratus pada suku keempat lalu atau 575.2 tan berbanding tahun sebelumnya.

Pada akhir tahun lalu, harga emas ditutup pada AS$1,421.40 seauns, naik kira-kira 31 peratus berbanding 2009 didorong permintaan berterusan dari China dan jangkaan spekulator bahawa mereka akan meraih untung lebih daripadanya.

Mengenai pasaran saham Malaysia, Brice berkata, pihaknya amat positif dengan prestasi saham tempatan dalam tempoh terdekat kerana kebiasaannya pasaran saham akan mencatatkan prestasi yang baik pada Julai dan Ogos.

Beliau berkata, dengan jangkaan bahawa ekonomi global akan mencatatkan pemulihan pada separuh kedua tahun ini akan menyokong prestasi pasaran saham.

Sumber: Berita Harian

Sunday, May 1, 2011

Gold, Silver, Oil Will Spike To New Highs If US-UK Attack Libya

Mar. 1 2011 - 2:58 pm
You can’t keep precious metals down when the globe is agog over violent political change, the freezing of dictators’ assets in the US and Switzerland– and deep anxiety over the price of oil.
Gold and silver, led by crude oil, will spike if talks between the US and UK for joint military action in Libya take root. This threat to the Libyan oil fields and to peace in the region would have an immediate impact in commodity markets.
Remember 1980 with our hostages in Iran; gold rose to $800 an ounce (there was double-digit inflation– at least 5 times the rate today) and silver to $50 (the Hunts idiotically tried to corner the market)
We are not that far from the peak in gold- $1440 an ounce. Just another $10 an ounce spike is half the $20 an ounce we made up today so far. We are at a 30 year peak for silver, which has been acting even more positively than gold.
I don’t think this is the Bernanke market, as he made it clear today that inflation is just the 2% he wants, and that’s despite the horrific run-up in food prices. And he’s beaten off deflation with QE2. No knee-jerk connection between Bernanke and precious metals.
The connection for gold and silver is geo-political. My new rule of thumb for gold and silver; the more uprisings that lead to oil supply fears the more speculation will hive onto gold and silver. Or put it another way, as go oil fears, so goes money into gold and silver.
So, battles on the Tunisian- Libyan border, calls for public demonstrations in Teheran, unrest in Bahrain, Algeria that suggests the daisy chain moves ultimately to Saudi Arabia, Kuwait, and who-knows-where-else all add up to uncertainty about oil prices.
And uncertainty about oil prices– especially if they trend higher– suggest to me somewhat higher gold and oil prices.