Wednesday, December 18, 2013

Kunci Kejayaan

Tidak Menunggu Untuk Bermula

Orang berjaya tidak hanya menunggu untuk bermula menuju kejayaan. Mereka sanggup mula melangkah ke arah kejayaan ketika ramai takut untuk bermula. Ramai orang yang menunggu sehingga semuanya sempurna atau orang lain telah berjaya sebelum mereka bertindak. Tiada perlumbaan yang dimenangi atau diakhiri oleh seorang pelumba yang tidak melepasi garis permulaaan. Jangan menunggu untuk bertindak. Mulakan hari ini dengan melangkah ke arah kejayaan.


Cari Ilmu 

Kunci kejayaan adalah menggunakan ilmu yang ada untuk mengapai kejayaan. Perbezaan orang yang memulakan sesuatu dengan ilmu atau tidak adalah jika orang berilmu insyaAllah akan berjaya jika dia betul-betul gunakan ilmu yang ada. Namun orang yang tidak berilmu akan jatuh beberapa kali sebelum berjaya (school of live). Jarang kita jumpa orang yang tidak berilmu berjaya melainkan telah tercatat rezekinya disitu. 


Fokus 

Kunci kejayaan yang selalu disebut adalah FOKUS. Fakus kepada sesuatu kerja kita amat penting. Tanpa fokus kerja mungkin tidak siap atau disiapkan dengan sekadarnya. Berbeza hasil kerja fokus dengan tidak fokus. Dalam perniagaan contohnya, jarang kita jumpa seorang usahawan berjaya mempunyai banyak cabang perniagaan melainkan beliau melantik wakil bagi mengurus perniagaannya. Ini dipanggil fokus mengurus perniagaan. 


Inovasi

Orang berjaya juga akan kreatif dan inovasi bagi mencapai kejayaan. Mereka akan menggunakan pelbagai cara dan usaha bagi mempromosikan perniagaan. tanpa inovasi kita akan ketinggalan jika mempunyai ramai pesaing.


Sabar

Untuk berjaya, kita mesti sabar. Sabar dalam melayan karenah staf, pelanggan dan juga rakan kongsi. Sabar juga penting dalam berusaha untuk berjaya. Orang yang tanpa kesabaran akan bungkus lebih awal kerana mereka akan mudah berputus asa.


Ada keazaman

Azam merupakan satu pemacu kepada semangat seseorang untuk berjaya. Keazaman yang tinggi dan iringi doa akan membuahkan hasil kejayaan yang manis untuk dikecapi.

Abdullah Bin Mohammad

PG037575
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Monday, December 16, 2013

Tip mengelak diri dari ditipu skim pelaburan tidak sah

Korang ingat lagi post dua hari lepas mengenai cara kenal pasti pelaburan tidak sah yang aku petik dari web SIDC? Ok nie sambungan tip yang disediakan.

Untuk mengelakkan diri daripada tertipu, sentiasa ingat petua-petua perlindungan yang berikut:
Perlindungan #1:
Hindari sebarang pelaburan yang menjamin keuntungan tetap atau tinggi bagi satu pelaburan kecil. Berhati-hatilah terhadap syarikat yang menjanjikan keuntungan besar atau menunjukkan prestasi cemerlang dalam satu tempoh masa yang pendek. Misalannya, “Kami jamin anda akan memperoleh sekurang-kurangnya 20-30% sebulan, bagi setiap bulan daripada bermulanya pelaburan ini.” Anda mesti ingat bahawa setiap pelaburan melibatkan risiko dan anda tentu selalu dengar bahawa, “risiko tinggi, pulangan tinggi!” Ambil langkah berhati-hati, terutama jika pelaburan itu kononnya akan memberi pulangan tinggi dengan risiko yang rendah atau tiada risiko langsung.
Perlindungan #2:
Berhati-hati dengan pelan yang menumpukan kepada membayar anda untuk melatih orang lain dan bukannya membayar anda kerana menjual produk atau perkhidmatan. Perkataan yang menjadi kunci utama untuk mengingatkan anda supaya berhati-hati ialah “downline” atau “piramid”.
Perlindungan #3:
Jangan sekali-kali bersetuju menyertai apa-apa “peluang” dalam keadaan mendesak, umpamanya, “tempoh untuk anda menyertai skim ini amat terhad” atau “beli sekarang, jika tidak, anda akan menyesal”. Ingatlah, jika perniagaan itu sah, ia akan tetap wujud esok, minggu hadapan, bulan hadapan atau tahun hadapan.
Perlindungan #4:
Memang mustahil untuk anda memenangi sebarang hadiah atau wang yang banyak jika anda tidak masuk sebarang pertandingan atau beli loteri. Begitu juga, mustahil bagi sesuatu pertandingan yang sah di sisi undang-undang untuk meminta bayaran wang pendahuluan sebelum menyerahkan hadiah wang. Jika anda menerima panggilan yang mengatakan bahawa anda telah memenangi satu hadiah dan anda perlu mengirim sejumlah wang ke sebuah negara asing bagi membolehkan anda menuntut hadiah tersebut, letakkan telefon. Jangan buang masa dan tenaga untuk melayan panggilan begini.
 Perlindungan #5:
Anda perlu bersikap ragu-ragu mengenai sebarang panggilan telefon yang tidak dijangka mengenai pelaburan daripada jurujual atau syarikat luar pesisir yang anda tidak kenali. Jika pemanggil itu mengaku sebagai wakil peniaga syarikat broker saham atau penasihat pelaburan yang dilesenkan oleh pihak berkuasa di luar negara, minta nama pihak kawal selia asing berkaitan yang melesenkan syarikat itu dan layari tapak webnya yang biasanya mempunyai senarai mereka yang berdaftar dan dilesenkan. Anda mesti sentiasa memeriksa bukti kelayakan individu yang dilesenkan dengan pihak berkuasa berkenaan sebelum menyerahkan wang anda.
Perlindungan #6:
Pastikan anda memperoleh rekod prestasi syarikat tersebut. Juga, mintalah maklumat bertulis mengenai produk pelaburan dan perniagaan itu, serta risiko yang terbabit dalam pelaburan tersebut. Baca dengan teliti prospektus atau laporan tahunan syarikat itu sebelum membuat pelaburan.
Perlindungan #7:
Jangan berikan sebarang maklumat kewangan atau peribadi sebelum you memastikan kesahihan syarikat itu.
Perlindungan #8:
Jangan takut bertanya soalan. Malah, lebih banyak soalan yang anda tanyakan, lebih baik lagi. Minta penjelasan mengenai apa-apa perkara yang anda tidak benar-benar fahami. Walau bagaimanapun, jangan terima bulat-bulat semua maklumat yang diberikan. Siasat sendiri. Jika anda memerlukan bantuan untuk membuat penilaian terhadap pelaburan tersebut, pergilah kepada mereka yang boleh memberikan nasihat secara bebas dan profesional, contohnya wakil peniaga berlesen, penasihat pelaburan, peguam atau akauntan.
Perlindungan #9:
Sentiasa periksa tapak web pihak pengawal selia, contohnya, tapak web Suruhanjaya Sekuriti (www.sc.com.my), untuk mendapatkan maklumat mengenai amaran untuk pelabur, atau senarai syarikat-syarikat perantara berlesen.
Perlindungan #10:
Jika ragu-ragu, jangan melabur. Mengapa anda mesti meletakkan wang anda dalam risiko jika anda tidak mendapat maklumat sepenuhnya mengenai syarikat, jurujual/ejen, atau pelaburan tersebut? Ingatlah, jika sesuatu janji itu nampak macam mustahil boleh dilaksanakan, kemungkinan besar memang mustahil boleh berlaku!

Abdullah Bin Mohammad

PG037575
0102256453

Saturday, December 14, 2013

Cara Mengenal Skim Penipuan!

Tip nie aku jumpat kat web site malaysian investor SIDC. Disebabkan tip nie berguna aku share dengan pembaca semua untuk pengetahuan korang jualah. Ayat kat web tu berbunyi begini bagi minimumkan risiko kehilangan wang simpanan anda dengan mengetahui pelbagai jenis pelaburan tidak sah di sisi undang-undang yang terdapat dalam masyarakat kini. Berikut ialah beberapa ciri dan janji yang umumnya ada dalam sesuatu skim penipuan:


  • Untuk setiap pelaburan yang dibuat, anda menerima pulangan yang tinggi, umpamanya, 20-30% sebulan bagi setiap bulan.
  • Anda tidak pernah ditunjukkan produk yang kononnya berkualiti yang perlu anda jual, sebaliknya dibayar mengikut bilangan orang yang anda latih atau mendaftar diri.
  • Anda diberitahu bahawa tawaran itu hanya untuk tempoh terhad dan anda MESTI membelinya sekarang.
  • Anda diminta memasukkan wang ke dalam bank asing dalam mata wang asing untuk mendapatkan suatu hadiah tetapi anda tidak ingat pun pernah masuk sebarang pertandingan atau cabutan bertuah.
  • Anda menerima panggilan telefon menawarkan peluang-peluang pelaburan dan anda sendiri tidak tahu bagaimana syarikat itu mendapat nombor telefon anda.
  • Anda menerima e-mel yang meminta nombor akaun bank anda kerana mereka mahu menghantar wang kepada anda, biasanya berjumlah berjuta-juta dolar Amerika, dari beberapa negara asing. Ini sebenarnya bukanlah satu bentuk skim penipuan pelaburan, tetapi tetap satu lagi skim penipuan yang popular.
  • Anda ditawarkan satu produk pelaburan yang menjamin keuntungan besar tanpa sebarang risiko kewangan.
  • Anda diminta melabur dalam satu skim pelaburan. Alamat dan maklumat perhubungan syarikat pelaburan yang menawarkan keuntungan besar kepada anda itu terletak di sebuah negara asing yang anda tidak dapat pastikan di mana kedudukan sebenar syarikat itu.
  • Anda ditawarkan “hadiah percuma” untuk mendapatkan sesuatu kemudian, contohnya, sejumlah wang yang besar.
  • Anda ditawarkan peluang pekerjaan dengan gaji besar tanpa memerlukan pengalaman dan kelayakan akademi yang berkenaan.
  • Anda didatangi oleh seseorang yang mengaku sebagai ejen bagi syarikat dagangan asing (umpamanya yang beribu pejabat di Makau, Bahamas, Kepulauan British Virgin, dsb) untuk berdagang dalam indeks asing (contohnya, indeks Hang Seng), komoditi (contohnya kopi) atau mata wang asing (contohnya AS$, Yen dsb) tetapi anda perlu mendepositkan sejumlah wang dalam mata wang asing sebagai “margin”, sebelum sesuatu urus niaga boleh dilakukan.
  • Sukar untuk menemui sebarang maklumat mengenai lesen atau kewujudan syarikat itu dalam tapak web mana-mana pihak pengawal selia atau pihak berkuasa yang berkenaan.
Untuk melihat senarai pelaburan haram yang telah dikesan, korang boleh ke laman web Suruhanjaya Sekuriti
Jika anda mengalami mana-mana keadaan di atas, apakah yang perlu anda lakukan untuk melindungi diri anda? 

Akan bersambung pada dua hari lagi....

Abdullah Bin Mohammad

PG037575
0102256453

Thursday, December 12, 2013

Emas sentiasa berharga

Saya mendapat mesej dari seorang pelanggan saya bahawa beliau dimarahi keluarga kerana membeli emas dengan jumlah yang besar. Alasan yang diberi keluarga bahawa jongkong emas dan dinar emas akan jatuh harga pada suatu hari nanti. Keluarganya juga memaklumkan bahawa baiklah pelanggan saya itu membeli barang kemas kerana barang kemas akan naik nilainya.



Itu adalah salah satu contoh salah faham dalam minda masyarakat kita bahawa harga jongkong emas akan jatuh dan hanya harga barang kemas akan naik. Sebenarnya harga emas dan barang kemas jika dijual di kedai emas biasa susut nilainya sama iaitu akan mencecah 25%. Anda dikira cukup bertuah jika susut nilai jualan balik emas anda lebih rendah dari itu.



Namun jongkong mempunyai satu keistimewaan yang khusus iaitu susut nilainya adalah rendah jika dibandingkan dengan barang kemas jika dijual semula di mana kita beli jongkong tersebut. Contohnya jongkong Public Gold hanya mempunyai susut nilai sebanyak 6% sahaja jika dijual semula di Public Gold. Namun barang kemas berbeza kerana jika anda beli barang kemas di kedai emas, susut nilainya akan dikira 25% juga tanpa sebarang diskaun. Namun barang kemas Public Gold hanya susut nilai sebanyak 10% sahaja.

Tanggapan bahawa emas lama tidak lagi bernilai juga salah kerana jika ianya tidak bernilai tiadalah istilah harta karun iaitu barang kemas tinggalan dahulu kala yang dijumpai. Secara teori dan rialitinya nilai emas semakin lama akan semakin meningkat. Cuma nilai itu ada turun naik kerana emas telah diniagakan sebagai salah satu komoditi.

Namun tahukah anda bahawa nilai segram emas pada tahun 90an hanya sekitar berapa puluh ringgit sahaja namun nilainya telah mencecah lebih seratus.


Abdullah Bin Mohammad

PG037575
0102256453

Sunday, December 8, 2013

Gold Price Falls on US Consumer Confidence, "Heading for $1180" as Market Thins for Thanksgiving

http://goldnews.bullionvault.com/gold-price-112720133

GOLD PRICE gains of 1.0% overnight were trimmed and then reversed in London trade morning, taking the metal back to last week's finish of $1243 per ounce as world stock markets rose following stronger-than-expected US consumer confidence data.
Rising to 75.1 for November from 73.2 last month, the Reuters/Michigan consumer confidence index beat analyst forecasts of 73.5 but remained well below the summer's peak of 85.
Major government bond prices had earlier slipped, but Spanish bonds rose in pricehowever, nudging 2-year yields to their lowest level since 2009 following unsourced comments in a German newspaper that the European Central Bank is considering a new round of long-term asset purchases.
Italian yields also eased lower, down to 6-month lows, after 2014 budget plans from prime minister Enrico Letta's coalition won a confidence vote in parliament.
The British Pound rose to new 2013 highs above $1.63 despite a revision to GDP data showing a 6% drop in business investment during the third quarter.
That capped the gold price for UK investors below £770 per ounce before the US consumer confidence stats. Gold then retreated to £764, some £5 above Monday's new 3-year lows.
"Trading conditions could start to thin out going into the Thanksgiving holiday tomorrow," says a US gold and commodity broker's note.
"With the US Thanksgiving holiday fast approaching," agrees today's comment from Standard Bank's commodity team in London, "market activity may slow down, and only pick up next week Friday" when the next US jobless data are released.
China's gold trading volumes were solid on Wednesday, however, slipping from Tuesday but holding above recent averages as the Yuan price ended barely changed, equivalent to $5 per ounce above London gold settlement.
Gold price bearishness will take the metal back to $1180 per ounce, the 3-year low hit at the end of this spring's crash, says London market maker Barclays.
Joni Teves at Swiss investment bank and London bullion market-maker UBS agrees, saying the gold price will average $1180 per ounce between now and New Year.
Teves yesterday cut UBS's 3-month gold price forecast to $1100 per ounce from $1375.
But "gold posted a bullish daily reversal at the lows" on Monday, says a technical analysis of price charts from Citigroup.
"Additionally silver posted a bullish daily reversal, and momentum has also crossed up from stretched levels."
Silver prices slipped in London trade Wednesday, but held above $20 per ounce after dropping through that level for the first time in 4 months last week.
New data meantime said gold imports to China rose almost 20% to a near-record monthly high in October, with 130 tonnes being shipped through Hong Kong on what local analysts and traders called "stockpiling" ahead of the Lunar New Year festivities. 
Gold imports to Turkey last month took year-to-date inflows to a record, the Istanbul Gold Exchange showed on its 18-year data series, more than doubling from 2012 to 251 tonnes as buyers in the world's 4th largest consumer nation took advantage of the sharpest price drop in 38 years.
"We can [also] increase our gold exports to Iran dramatically," Hurriyet Daily News quotes Ayhan G√ľner, head of Turkey's Jewelry Exporters Association, "if [international] sanctions against Iran are eased" following last weekend's agreement over Iran's nuclear development program.
Currently targeting 10 tonnes of domestic gold mine production per year, Iran is boosting its domestic gold refining capacity, says the Tehran Times, with 3 tonnes of gold bars slated for annual output from the new north-western Zarshouran plant, due to start production next month.
German regulator BaFin has meantime joined the "investigation" of gold's London benchmark Fix, according to the Wall Street Journal Deutschland.
Buy gold at the lowest prices in the safest vaults today...


Abdullah Bin Mohammad

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0102256453

Friday, December 6, 2013

The Party of Government

http://goldnews.bullionvault.com/savers-osborne-112520135

Saving savers sounded good before the election. But that was Opposition Osborne...
NO OTHER government has so badly damaged the country's savings than this one,writes Simon Rose at Save Our Savers.
Before the last election David Cameron and George Osborne went on a charm offensive to woo savers. "We need," said Cameron, "to make a really big change: from an economy built on debt to an economy built on savings."
Osborne was in similar mode:
"Having planned for their retirement and put money aside for a rainy day, savers and pensioners are seeing their living standards fall as Labour's recession hits home...While the [then Labour] Prime Minister may have forgotten about Britain's savers, the Conservatives have not. We will take action to help."
Railing against the unfairness that money saved out of taxed income was taxed again, they promised to free basic rate taxpayers from taxation on cash savings. It never happened.
The Conservative party should be the friend of savers. They are prudent and self-reliant and, in trying to provide for their retirements, they reduce the burden on the state. In fact, savings have been consistently undermined.
Quantitative Easing, "the last resort of desperate governments," according to opposition Osborne, saw a massive £375bn of money printing. Inherently inflationary, it has also been, says the Spectator, "a massive subsidy for the rich". The Bank's own figures showed that QE has cost the poorest 10% £779 each while benefiting the top 10% by over £30,000.
The prime mandate of the Bank's Monetary Policy Committee is to keep inflation to the government's 2% target. Yet the Chancellor has failed to hold the Bank to account for its persistent overshooting, the major contributor to the current cost of living crisis. UK inflation is running around double that of the US and Europe. In the past 5 years, CPI inflation has risen by twice as much as wages. The Tullett Prebon UK Essentials Index shows that food, energy and other items essential for day-to-day living now cost 30% more than five years ago and 60% more over the past decade. And if life is tough for many still in work, how much tougher is it for the retired who depend on their savings?
Inflation combined with low interest rates mean that it is now impossible to preserve the real value of savings. As well as being shamefully unfair, this has been a massive drag on the economy. It has often been argued that what savers have lost on the swings, borrowers have made up on the roundabouts. However, a new report from McKinsey explodes this as a myth.
The combination of low interest rates and QE cost UK households a net $110 billion from 2007-12. The picture for savers has worsened since then, with fixed term savings deals set up when rates were higher ending and Funding for Lending further depressing savings rates.
Undermining savings makes poor economic sense. For we need saving to provide the investment funds without which we can never permanently return to sustained growth. Shockingly, the UK has the lowest level of fixed capital formation of all OECD countries; this is the proportion of output being invested rather than consumed.
Ed Miliband was widely mocked for his idea of suppressing energy prices. Did he not understand the laws of economics? Yet the same principle must surely apply to suppressing the price of money through interest rates. Low interest rates distort the entire economy: a growing number of zombie companies (over 100,000 according to the Adam Smith Institute) deprive new businesses of scarce capital; malinvestment is rife; people are taking on inappropriate risk in a search for yield; companies are favouring capital over new employees; pension funds are being undermined (diverting potential investment funds from their underlying businesses). The list goes on.
This anti-savings bias is extremely damaging for the country's prospects. What rational young person would opt to save when they know that, at every turn, it is the borrower who gets the lollipop and the saver the stick?
Increasing debt and undermining savings is "economically stupid and morally indefensible". So said David Cameron in January 2009. He was right.
There cannot now be a saver who does not understand that that is what this government has done. Cameron and Osborne went on their savings charm offensive in 2009 because they knew that savers, who tend to be older, also tend to be voters. Those who contact Save Our Savers are not only afraid of the future but are also incredibly angry. They feel they have been betrayed and many declare that, whether it is in their long-term interests or not, they will take revenge in the only way they can – at the ballot box.
Buy gold at the lowest prices in the safest vaults today...

Abdullah Bin Mohammad

PG037575
0102256453

Thursday, December 5, 2013

8 TIPS MEMANDU SEMASA HUJAN LEBAT

Akhir-akhir ni kita saksikan kerap berlaku hujan lebat lebih-lebih lagi semasa musim tengkujuh ini, jadi adalah penting untuk kita mengetahui tips memandu ketika hujan (atau hujan lebat) bagi memastikan keselamatan anda sebagai pemandu dan juga penumpang lain selamat tiba ke destinasi.

Banyak tips memandu ketika hujan yang kita sedia maklum contohnya pasangkan wiper, perlahankan kenderaan, elak lopak air dan buka lampu jika perlu. Namun banyak lagi tips yang mungkin kita terlepas pandang, berikut merupakan antara tips-tips penting yang mungkin boleh mengelakkan anda di timpa musibah semasa pemanduan

1. Elakkan menekan brek apabila kereta tergelincir – Ini mungkin menyebabkan kereta terbabas, cara terbaik ialah kawal pemanduan menggunakan kemudi (steering), namun ia hanya berkesan untuk kereta yang dipandu perlahan sahaja.

2. Kurangkan memandu di lane kanan sekali. kenderaan dari arah berlawanan melalui lopak air dan menyebabkan percikan ke cermin hadapan kereta kita dan menghalang pandangan ke depan. Percikan berlaku selama lebih kurang 1 saat, boleh mendatangkan bahaya jika sedang memandu laju.

3. Jika keadaan hujan semakin lebat dan keadaan gelap dan kabus mengganggu penglihatan, berhenti seketika di kawasan rehat bagi mengelakkan kecelakaan atau kemalangan.

4. Jangan memandu mengekori terlalu rapat dengan kereta hadapan. Jalan tengah licin, kalau kereta depan brek mengejut, mungkin kita tidak mempunyai masa yang mencukupi untuk memberhentikan kenderaan

5. JANGAN menyalakan lampu kecemasan (hazard), kerana lampu itu sepatutnya dinyalakan apabila BERHENTI sahaja.
(Sila semak semula buku panduan lesen L.)

6. Elakkan memandu terlalu laju kerana ia bukan sahaja membahayakan nyawa pemandu dan pemandu lain, tetapi juga menyebabkan enjin dibasahi air.

7. Selepas meredah jalan dinaiki air, elakkan terus memandu laju kerana sistem brek tidak berfungsi sepenuhnya berikutan permukaan brek yang basah.

8. Pandu perlahan. Kelajuan melebihi 80 km/j akan mengakibatkan kenderaan anda mengalami Hydroplaning. Ia adalah satu fenomena di mana tayar kenderaan anda kurang menyentuh permukaan jalan dan ianya seakan-akan meluncur di atas jalanraya.


Sumber: FB Jabatan Bomba dan Penyelamat Malaysia

Wednesday, December 4, 2013

Gold Fix Shocker! Price Set by Buyers & Sellers!

http://goldnews.bullionvault.com/gold-fix-112620131

Outside of a Communist utopia, price is not an abstraction. Nor is the London Gold Fix...
YET MORE FUSS today over the London Fix, the snapshot which the world uses as its benchmark for gold and silver prices on a daily basis, writes Adrian Ash atBullionVault.
It's not a complicated process, as the member banks of the London Fixing Ltdexplain here. As the spot price of gold or silver is constantly moving up and down, a small number of bullion-trading banks offers to take orders for a set time of day, known as the Fix, from their clients. The aim is to find the single price which maximises the volume of trade at that point, by meeting as much supply and demand as possible.
With the participant banks referring to their client orderbook, getting near and then reaching this single clearing price can take a few seconds or several hours (as it did on Black Monday in 1987). Also note that, thanks to modern conference-call technology, the banks' clients can now listen in and change their orders as the Fix is in progress. And all the while, both they and the participant banks can also continue to trade on the spot, futures or ETF markets whilst the Fixing is in conference, too.
Now, Bloomberg have picked up an academic paper from September. It finds that trading activity in gold futures and exchange-traded funds (ETFs) seems to "know" the Fix price in advance, before it is announced, signalling whereabouts it will finish. 
Oh horror! This must be a very bad thing. Because the markets should of course react to the London Fix after it is announced, not predict where it will be. Or so the world now thinks when it sees the word "benchmark".
But this gets everything the wrong way round. Because the Fix (which has happened pretty much every day since at least 1907, with a formal statement of the price announced daily since 1919) is achieved by genuine buying and selling. It is reached as a result of trading activity (ie, it is a price), including that very same trading activity which the academics took so much trouble to analyze across the related derivatives markets. 
So the apparent "leaks" are in fact flowing the other way. It is the buying and selling in spot physical, futures and ETFs which determines where the Fix is set. Not the other way round. 
Still, no matter. The Fix is now set for close inspection. No doubt big changes will follow as the bull market in regulation rolls on after the global financial crisis, trying to stop what already happened from happening again. This is sad. Because outside of a Communist utopia, price is not an abstract perfection. It is the result of hundreds, thousands or millions of purchase and sale decisions. And each participant has a vested interest. Buyers want lower prices. Sellers want more. Where they meet, that's where the price is. 
Which is what happens at the London Fixes. 
Knowing that, please read the abstract from the research paper in question.
"We find significantly elevated levels of trade volume and price volatility immediately following the fixing's start, well before the conclusion of the fixing and the publication of its results. Similarly, we find statistically significant return advantages in the 4 minutes following the start of the fixing for informed traders. We find no significant impacts or returns following the publication of the fixing results. Trades in the opening minutes of the fixing are significantly predictive of the price direction of the fixings, in some cases exceeding 90%. Combined, these findings support the following conclusions: that the London PM gold price fixing does have material impact on the exchange traded gold instruments, information from the fixing is leaking into markets prior the fixing results being published, and there exist economic returns for trading on these information leaks."
There is, frankly, no news here. Still, it's good for the bullion banks, and all market participants who can reference or trade at that daily price, to have the Fix validated like this. The London Gold Fix is a process of price discovery. The final number announced is a result of activity, not front-running.
A market benchmark doing its job in short.
Buy gold at the lowest prices in the safest vaults today...


Abdullah Bin Mohammad

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0102256453

Monday, December 2, 2013

Gold Prices Lose "Short-Covering Rally" as China Demand Recovers, Vietnam Announces Bargain-Buying Plan

http://goldnews.bullionvault.com/gold-prices-112620132

GOLD PRICES reversed an overnight rally to 4-session highs in London trade Tuesday, dropping back to last week's closing level  of $1243 
"Gold's rally over the past 24 hours," said a note from bullion and investment bank Standard Bank earlier, "we ascribe to small-scale short-covering" by bearish traders closing their positions.
"We still expect selling into rallies to be the main strategy."
Last week's 4-month lows in gold prices, says German refining group Heraeus, "led to a strong increase in demand" for investment gold bars.
"Private investors appear to have considered prices below $1250 a good buy-opportunity and reacted consequently."
Overnight Tuesday, "Purchases of physical gold in Asia," says the commodities team at Germany's Commerzbank, "China in particular, may well also have helped prices recover.
"Demand for gold is likewise high in India, though only little gold is being imported due to the restrictions imposed by the country’s government and central bank."
"Evidences of renewed demand," agrees a separate note from a London trading desk, "is emerging from [emerging-market] countries, Turkey and India mostly.
"[But] it is clearly not enough to counter the cyclical bear momemtum in gold prices that is currently building around the Fed, the taper and debt-ceiling."
The State Bank of Vietnam, "foresee[ing] a downward trend in the gold price in the next six months or one year," is planning to buy gold for its foreign currency reserves, according to Vietnam.Net.
“It is still not clear about the timing, but we have got ready," says director of the Foreign Exchange Department, Nguyen Quang Huy, at the central bank – currently not holding any sizeable gold reserves according to IMF data, and unlikely to try buying gold directly from private citizens rather than dealers, according to local analysts.
China's top jewelry retailer, Chow Tai Fook, meantime reported better-than-forecast 6-month profits today, nearly doubling net income from March-Sept. 2012.
Shares in the world's largest jewelry stock by market cap have slipped 1.1% so far in 2013, the newswire notes, compared with a 4.5% gain in Hong Kong's broader Hang Seng index and a 26% drop in gold prices.
Buy gold at the lowest prices in the safest vaults today...

Abdullah Bin Mohammad

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0102256453

Saturday, November 30, 2013

Gold Coins Shortage: Does It Mean Tight Supply?


Yes, if it's gold coins you're after. But not if it's gold bullion in other forms...
OVER the last few years, during the great investment demand for precious metals, we have seen sporadic shortages in silver and gold coins, writes Miguel Perez-Santalla at BullionVault.
Many people have written about these shortages as a harbinger of things to come in precious metals more widely. One of the fads is to decry supply issues in silver and now recently gold. However, the truth of the matter is less dramatic, if not quite so simple.
In most cases, supply issues with silver or gold coins are caused by abnormal or let's say surprising increases in demand from bullion coin buyers. Simply put, coins don't come out of thin air. They need to be manufactured. This all takes time and money. No one wants to tie up their money in a product that is not going to sell. That exposes gold and silver buyers to "just in time" inventory gaps if it's coins they want to buy.
Imagine you are selling a low-cost product with a high margin. It is much more likely that you will have enough inventories for almost all eventualities. Look at a typical retail product – how about lip balm? I don't really know the costs but I can guess. Some of the more premium brands sell individually for $10 each and more, but many quality brands sell for $1.00 or so.
I have never seen a retailer that sells this product run out. Though it is possible, most likely that chance is very remote because I believe their profit margin is probably around 100% or more. This typically is called the Keystone markup. My guess is that the retailer pays lower than $.50 for each one of these $1.00 lip balms. So their profit of 50 cents or more covers any carrying charges that may be represented from holding the inventory.
Now let's take a look at gold coins. The price of gold currently is $1250 an ounce. If I am a distributor selling gold coins and the average quantity I sell in a month is 5,000 one-ounce coins that would represent sales of $6,250,000 plus my margin. This not only is a lot of gold but represents a lot of money.
Do I always have on hand 5,000 ounces of gold? No, because financing eats away at the profitability, even at today's low cost of interest. Also, tying up the capital in inventory may not let you properly cover all your expenses such as salaries, healthcare, supplies and utilities. So in the end I may stock 500 coins or maybe 1,000 at a time.
If I were making 100% markup then I may carry 5,000 ounces. But that does not exist in the gold coin industry. The wholesaler is lucky to make a quarter to half a per cent per ounce. Without doing the math it's obvious that financing costs are significant in this scenario. But a comparison of the inventory of holding the full amount at a 6% financing would represent an overhead of over $31,000 a month. Holding only the 1,000 in inventory at 6% is a little over $6,000 per month. This doesn't even take into account all the other factors in running a coins business.
The decision to hold lower inventory levels is good management of capital. What this tells us is that the demand the manufacturer sees is usually on an as needed basis. Which means that they also go through the same motions to calculate cost, and to produce what they believe is needed. In the end the amount being produced on what is known demand will never be enough for an explosion of short term demand. But this does not mean that there is any difficulty in acquiring the raw material needed to produce the gold coins or bars.
Prior to the collapse of Lehman Brothers in 2008, for instance, the demand for gold and silver coins and bars began to grow. The pace became brisk and the industry began to expand. Unfortunately, the US Mint – like most other producers worldwide – was not prepared for the explosion that was to come in what proved the near future. But they did begin at that time to explore for more suppliers of what the coin industry call "blanks".
Blanks are the basis for the coins. The Mint contracts outside vendors to produce the round shape gold or silver pieces needed for their coins. They have no edging, they have no artwork and they are at the lowest form of preparatory production. For the Silver Eagle, back in the beginning of the rising demand, it had been hard for the US Mint to find another supplier in addition to the one they already had.
The question most people would put is, why? The simple answer is because sales of gold and silver bars and coins had been so low for an extended number of years that there were very few companies with the capability to produce blanks in the United States of America, nor in the wider world for that matter. It took quite some time until they were able to authorize another producer, as coins are not a simple product. It requires high-quality processes and also a high level of confidence from the government that the supplier will be able to meet the specifications and demands when required of them.
With this additional capacity, the production of Silver Eagles has continued to grow. But it has been sporadic and cyclical. And again there come moments – inevitable events – where immediate supply does not meet immediate demand. It is at these times that silver and gold coins in supply go to a significant premium. This is caused by the simplest of supply and demand fundamentals.
Isn't this unique to gold and silver? No, it's much like any other product. When Apple launched the iPhone 4, I recall people lined up at the Apple store on Fifth Avenue for blocks to get in and be the first to buy the new phone. Some of the early buyers were already ready online to sell their phones at a tremendous premium, and make a large profit. Then they would come back a few weeks later and buy the phone again at the regular price.
Ask yourself: The people who paid that premium online for these iPhones – were they thinking that the world was about to run out of plastic? That we may run out of circuit boards? Or that Apple wouldn't produce these phones ever again at any price? No, it was none of these. It was simply a very human desire to have the new product in their hands immediately.
Now, in the gold and silver markets the same thing can occur. But there is a different concern, because of the investment value in owning physical bullion. Here the worry is that people may not be able to buy at the lower base price of gold and silver, and that the price of the commodity itself will also continue climbing. Hence they want to lock in their price on the product before it goes higher.
No, there are no shortages of gold and silver at this moment. Unless we go back to the gold or silver currency standard, with government demand for bullion locking massive new quantities inside central-bank vaults, I don't see any physical shortage to come. But because of how coin producers, wholesalers and retailers need to manage their capital – as well as the physical logistics of putting metal into your hand – this corner of the market is subject to short-term shortages. Retail bars and coins are only a small corner of the gold and silver market, however. They represented less than 9% of supply last year in fact, based on World Gold Counciland Silver Institute data.
So what of the excessive premiums being paid by some investors today to lock in their gold and silver price? Could that cost be avoided?
If we were talking 20 years ago the answer would have been no. Because there were no other competitive products to offer physical gold and silver ownership. But modern technology helps offer the public alternative products today. Now you can buy gold and silver from your laptop, desktop or smartphone, and sell them just as easily when you choose. All these service are offered in a transparent and liquid precious metals exchange online at Bullionvault.com.
So unless you need to own gold coins and bars held in your home right now, there are better alternatives. Why pay a higher premium for a product that you don't need at that moment? Even if you do want to buy those coins instead of holding gold or silver at low cost in professional, secure storage, then you could still buy the gold or silver at BullionVault as a hedge, waiting until physical supply of the coins again meets demand and premiums retreat. At that time an individual could then sell their vaulted holdings and buy the coins, without losing money due to excessive premiums or to market moves in the price. And all while paying the lowest costs in outright precious metals ownership.
Many times, of course, solutions exist which others would prefer you not to know about. In the end the regular gold bullion coin and bar items will return to their normal premiums, when coin supply meets coin demand. Why not look at other methods to cut your costs or hedge your base commodity price risk through another vehicle? Remember, patience is a virtue and good things come to those who wait.
Buy gold at the lowest prices in the safest vaults today...

Abdullah Bin Mohammad

PG037575
0102256453

Thursday, November 28, 2013

Gold Price "Targets $1180", Asian Demand "Yet to Re-Emerge", But Short Sellers Warned as Market Gets "Overstretched"

Source:
http://goldnews.bullionvault.com/gold-price-112520131


GOLD PRICE losses of 3.6% last week were extended Monday morning in Asia and London, with silver also falling again as world stock markets rose.
The gold price dropped below $1230 per ounce for the first time since the first week of July.
Silver prices added to last week's 4.5% drop against the Dollar to hit 3-month lows at $19.61.
Gold prices for UK investors fell to new 39-month lows beneath £760 per ounce.
"Downside risks predominate in the short term," says a note from German investment bank and bullion retailer Commerzbank, saying that in Dollar terms "the gold price may well test the $1180 mark – its three-year low from the end of June."
Having called $1240 the "next support" late Friday, bulllion bank and market maker Scotia Mocatta's technical analysis also points to $1180, "the 100% retracement" of this summer's rally.
"The big issue is still the monetary tightening in the US," says analyst Michael Widmer at Bank of America Merrill Lynch. 
"As soon as [tapering] comes back, you will get further downward pressure on gold prices."
"Absenting any change in the direction of the Dollar," agrees Jonathan Butler at Japanese conglomerate Mitsubishi, "gold could continue to retrace its late June low of $1180, at which point physical demand [from Asia] may re-emerge."
Despite holding at an $11 premium per ounce above the price of London settlement, China's gold price also fell Monday in subdued trade.
Compared to China's GDP, private spending on gold has risen twice as fast in 2013 to date according to analysis by Bullionvault.
Speculators trading US derivatives last week raised their net betting that the US Dollar will rise against other currencies by almost one-fifth to more than $15 billion.
Gold futures and options trading meantime saw speculative players cut their net betting on higher gold prices by 14%, down to the lowest level since early August.
Equal last week to fewer than 240 tonnes, including small as well as larger, hedge fund traders, the speculative net long position on gold prices averaged 722 tonnes in the five years to end-2012.
It's so far averaged 332 tonnes equivalent in 2013.
"Gold still looks like a good short in our view," the Wall Street Journal quoted technical strategist Chris Verrone at brokerage and money-managers Strategas Research Partners in New York on Friday, also targeting a fall to $1180.
But now, warns a technical analysis from French investment bank and London bullion market makers Societe Generale today, "The daily indicators are testing supports and [are] overstretched.
"This suggests caution" says SocGen, with $1222 acting as "a key support".
On the equity markets, meantime, the FTSE100 index here in London briefly poked its head above 6,700 for the fourth time in a week, but held 2% below June's near 6-year high.
Futures trading in New York's S&P500 index today set it ready to open above 1800 for the first time ever.
"External markets continue to create an unfavourable backdrop for gold," notes Barclays Captial.
"The physical market [meantime] lends little support during the seasonally strong period for consumption."
"With the Fed perhaps stepping back" from QE money printing stimulus, says Jeffrey Sherman, a manager at the $53 billion DoubleLine Capital in Los Angeles, also quoted by Bloomberg, "it's hard to make a case for inflationary behavior out there.
"People aren't as worried about inflation, thus you're not seeing people buying gold."

Abdullah Bin Mohammad

PG037575
0102256453

Wednesday, November 27, 2013

Apa perlu buat bila harga emas jatuh



Kejatuhan harga emas adalah perkara yang paling ditakuti oleh pelabur emas. Namun berbeza dengan penyimpan emas, kejatuhan harga emas memang dinanti-nantikan. Semasa kejatuhan herga emas, kebanyakan pembeli adalah dikalangan mereka yang menyimpan emas atau yang membuat perniagaan emas. Kejatuhan harga emas sebenarnya memang turut dirasai oleh penyimpan atau peniaga emas. Namun teknik mensama ratakan harga emas digunakan bagi mengurangkan faktor kerugian.

Semasa membuat pembelian emas, anda tidak boleh tamak kerana kemungkinan harga yang anda beli bukan lah harga terendah. Selain itu, pembeli emas juga perlu memastikan mereka hanya menggunakan hanya separuh sahaja dari tunai yang mereka ada untuk membeli emas.


Abdullah Bin Mohammad

PG037575
0102256453

Tuesday, November 26, 2013

Harga Emas Di Paras Rendah


Abdullah Bin Mohammad

PG037575
0102256453

It’s time to go for gold

http://www.thestar.com.my/News/Nation/2013/11/26/time-for-gold.aspx

GEORGE TOWN: Plunging gold prices make it a good time for buyers and investors to stock up on the precious metal as the price has dipped by 25% since January. 
Public Gold Marketing executive chairman Datuk Louis Ng Chun Hau said the price of gold yesterday was about US$1,240 (RM4,000) per ounce, compared to US$1,670 (RM5,050) per ounce in January. 
He said price of gold soared from about US$280 per ounce to over US$1,900 per ounce between 2001 and September 2011, but since 2012, the price started to fall, with this year recording a serious decline. 
Chun Hau, however, said he does not expect the price of the precious metal to fall any lower than US$1,050 (RM3,379) per ounce. 
He said Public Gold’s sales of gold this year increased by 15% in terms of weight, driven by the low gold prices. 
He suggested that people use 5% to 10% of their personal finances to invest in gold, as it is considered a stable investment. 
Federation of Goldsmiths and Jewellers Association of Malaysia’s president Ng Yih Pyng said it is a good time to buy gold, whether it is for investment purposes or as keepsake. 
He said the price of gold is seeing a decline due to the strengthening of the US dollar. 
Yih Pyng added that even if the price did not dip, gold merchants usually recorded good sales between November and February due to the festive season and weddings. 
He said the past two weeks saw an increase in the number of customers checking out prices and buying gold jewellery. 
“Merchants have also noted that year-to-date sales had increased by 15%,” he said. 
Tamilarasii’s Tangge Maligai Jewellers outlet employee, known only as Muthukumar, said the number of customers to the shop in Market Street, has been increasing since last week. 
“Usually business is slow after Deepavali, but many people are taking opportunity of the low gold prices to buy it as it is a sound investment. 
“The price has dropped to RM123.50 per gramme compared to RM127 per gramme last week and many people are taking advantage of this,” he said. 
Devan Jewellers Sdn Bhd manager M. Krisnan said many of his customers were however, adopting the “wait-and-see” approach as they believe the price could plunge further. 
“My advice is that they should buy now as the price is already low. 
“Nobody can predict what will happen next,” he said. 
“Before this, the price difference was only between RM1 and RM2 per gramme, but now it is lower by more than RM10 per gramme,” Krisnan added.


Abdullah Bin Mohammad

PG037575
0102256453

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