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2019-04-07 17:00 | Report Abuse
My guess is share holders sold because it is hitting resistance at @ RM1.53 and that they want to take profit and gang up to force the share to go down so that they can pick up cheaper later. This is market manipulation. The big sharks wanted to swallow the retailers.
I agree with nich28228, who bought and absolve 225mil shares?
2019-03-05 19:53 | Report Abuse
I guess will drop some more to-morrow. I didn't manage to buy any because rising too fast and scary. I am waiting for it to fall below 1 to collect.
2019-01-10 14:37 | Report Abuse
It's like trying to catch up. I bought late but still can make some $$$
This counter has alot to catch up. For those who miss the boat I suggest you but some and if it drop, add some more.
2018-12-27 08:09 | Report Abuse
Looks like a syndicate is formed. Whatever it is if it is going to make profit.....I think I would like to be in. Pls include me Ttstay..nicktinglh@yahoo.com.TQ
2018-12-13 08:56 | Report Abuse
Drop like diarrhoea. Don't catch a falling knife. Who is dumping? Could it be down to 0.60?
2018-11-05 12:24 | Report Abuse
Morning quiet bcos market in red. But Myeg didn't go down much showing good support. Already @ great discount from this year high of 1.80. Even at 1.80 is a great discount to the historical high of over 2.00.
Later the buyers will swarm this share!!!
2018-10-31 07:26 | Report Abuse
TA already bottomed and in oversold position to trend higher. I have sallang all yesterday.
2018-10-24 23:00 | Report Abuse
DON'T miss this ico. Most icos are not doing well because they have nothing but this onecoin is more than cryptocurrency.
1. 4 years OLN (onelife network) with 3.5 million members
2. Spread over 6 continents and 200 countries
3. About 50 thousand Merchants accepting onecoin
4. and many more (for you to find out)
https://www.youtube.com/watch?v=yIsIehQVAYE (international Media News)
https://www.malaysiainternet.my/prnewswire/? rkey=20181019AE45631&filter=14249 (Malaysian news)
https://www.youtube.com/watch?v=kDWZyejTyoI (Launching in Sofia)
Join now and you will bless the day you did because it will change and transform your life forever or miss this, you will regret for the rest of your life.
2018-10-24 21:15 | Report Abuse
Ini kali lah. Huat oh. Slowly few cents up is enough. When ppl are scared you must be brave. When ppl are greedy you must run....I am a contrary trader.
2018-10-22 21:11 | Report Abuse
DEAL SHAKER LAUNCH: UGANDA ON FIRE AS ONE COIN AND KONSTANTIN IGNATOV LAUNCH DEAL SHAKER (bring good news and transforms lives and communities in Uganda watch the links below)
https://www.youtube.com/watch?v=uups31gdaoQ
Onecoin has never been a ponzi scheme or scam > https://www.youtube.com/watch?v=LOxqQWF_SsQ (on Uganda TV)
2018-10-10 21:21 | Report Abuse
Outlook short term for all stocks is no good. More red sea to come. No bottom yet in sight due to bad news every where. I expect CI to dip a few hundred points to be attractive to buy. Immediate downside CI resistance at 1660.
2018-10-03 12:41 | Report Abuse
When ppl panic means it is time to buy
2018-09-24 16:06 | Report Abuse
Alas! Storm = bad weather warning. Already down now and I think to morrow some more to come. Just my opinion only o
2018-09-24 13:58 | Report Abuse
O. Understood. Crook only looks for innocent victims. The learnt is indeed expensive I call it greed. But sometimes the victim never learn and got once bitten twice shy....meaning never wants to invest anymore and thus call it gambling, scam etc. To be successful person, if you fall, pick up and try again and again. Start with small capital and as you become more confident then only can increase or otherwise stick to small layout while you learn. Abraham Lincoln failed over 40 times, Jack Ma over 7 major failures and 30 times job rejections.
2018-09-24 10:52 | Report Abuse
Aiyo Fam Jenny, TA alone is not good enough and not a sure win or 100% accurate. Not even fundamentals too. There are so many factors so it is quite impossible to win always without loss. If you gain more often than loss then it is ok. But your friend not having a strategy to cut loss or manage loss is a big mistake and also using speculation based on TA....is very speculative and being greedy is the main cause of failure.
2018-09-24 08:02 | Report Abuse
Fam Jenny, since you like business project why not take a look at this franchise business : http://www.maemespiripiri.co.uk/franchising.php
However like I said earlier, all projects carried some risks, but risks can be managed/minimized if you know how (infact in all investments one ought to know managing risks rather than speculate only on gains and profits). One way is to do this is through cloud funding and joint venture (just a few suggestions). If you are really interested you are most welcomed to query me @ nicktinglh@yahoo.com foc.
Fyi, Heng Yuan is in oversold position and thus has limited downside risk but also can have a short term limited upside due to current trade war noise between US and China.
I have a very unconventional way of reading market trend not relying solely on TA. If you are interested I don't mind also to share with you free of charge too. Happy investing,
2018-09-22 12:10 | Report Abuse
Fam Jenny, you are only partially right. Even any project you think viable can be risky too. Tell me which investment/project out there has no risk? I am sorry that you have many "RM K" stuck in shares.
If you think share market is for speculation then you have a lot to learn. Share market is just a riskier asset class compared to fixed deposit. However the riskier is the investment, the higher is the reward or the higher is the loss cf to fixed deposit where your reward is little and the risk is low. When I was a newbie, fortunately I didn't lost but also didn't make much either. Life is a journey of learning and become a wise, smart and intelligent person or investor. So don't be like speculators but like traders, pro-traders and investors (which one is you?).
Knowledge is power and power = $$$$
Or knowledge is $$$$ and money = power
2018-09-12 17:29 | Report Abuse
Yes Tai lou tksw, I have never seen Jesus personally like converted muslim Iman Fatimah did.
Initially I study bible for exam. I was once a great sinner. I too am a converted christian, I read bible like story books and can't grasp the meaning of the gospel messages even though I read them many times.
Only after much later in life that I started to encounter His miracles and my faith in Jesus began to grow. The words in the bible also become very lively and meaningful. Now I have full trust in Him. I know He is omnipresent.
2018-09-12 14:02 | Report Abuse
Tai lou tksw, a clear explanation of dancing sun video link:
https://www.youtube.com/watch?v=yF0_ysUivxE
Dear tksw,
I am not a sifu. I am just an ordinary christian trying my best to follow and live the Way, the Truth and the Life of Jesus. I can also assure you that if you believe, listen to Him and follow Him, you can ask Him to show you a dancing sun anywhere anytime, He will show you if he will. Mat 17:20 ...if you have faith like a grain of mustard seed, you can say to this mountain, Move from here to there; and it will move, and nothing will be impossible for you.
2018-09-12 09:57 | Report Abuse
Gd mrg all. Calvin good work. Gospel indeed made easy with today's technology ... https://www.youtube.com/watch?v=IftosyEv6qg
I too find it good.
For our reader Sslee, you are indeed not far from the kingdom of God. We all are created by Him to seek and return to Him. That's why feel there is something missing inside us until we found him.
Jer29:13 You will seek me and find me when you search for me with all your heart.
Luk 11:19 So I say to you: Keep asking, and it will be given you. Keep searching, and you will find. Keep knocking, and the door will be opened for you.
May God bless you all.
2018-09-11 20:43 | Report Abuse
God did not promise riches or wealth but salvation to those who believe in Jesus the messiah.
Eph 1:13-14
13 You, too, have heard the word of truth, the gospel of your salvation (from Calvintaneng). When you believed in the Messiah, you were sealed with the promised Holy Spirit, (Compare)
14 who is the guarantee of our inheritance until God redeems his own possession for his praise and glor
What about to those who keep on sinning as Sslee asked.God will simply forgive you as long as you repent again (or ask God for forgivess or mercy). If you did not repent in time when you leave this world, your salvation will be delayed where your sins will have to be purged first.
But still your salvation is guaranteed as promised.
Dear readers, do you know that miracles happen everyday and every where? Most people are still spiritually blind until they hear the gospel and believed. Below is a great miracle of the dancing sun during the feast of the divine mercy in Phillipine.
https://youtu.be/CxYHFhYaAwY
2018-09-10 22:31 | Report Abuse
Bible is not a story book or a history book but a book of life! It stands for Basic Instructions Before Leaving Earth.
Scientific facts in the Bible https://www.youtube.com/watch?v=t2sMJMXDiH4
2018-09-10 22:14 | Report Abuse
There are many things pointing that Jesus exist. One of them is our calendar. Jesus was born in the year AD 2018 and anything before that year is called BC (Before Christ).
Bible scriptures of old and new testaments were written by the Hebrew civilization. Archaeologist found evidence of ancient Hebrew civilization as mentioned in the bible.
https://www.youtube.com/watch?v=lvv_4x1xHPw
Scientific prove that God exist according to the bible
https://www.youtube.com/watch?v=RbiS6fWr1Kg
https://www.youtube.com/watch?v=JiMqzN_YSXU
2018-09-10 15:37 | Report Abuse
Posted by hollandking > Sep 10, 2018 03:10 PM | Report Abuse
God is beyond time(out of time), u know what it means, time has a start and end, whatever had happened and those going to happened had already happened. So everything is creation of God, many will say why God u create this, why u let this happened.... . I think the reason to all these questions lies with is this reality REAL? and why this reality was created in the first place and what are you and what are we.
hollandking
2386 posts
Posted by hollandking > Sep 10, 2018 03:11 PM | Report Abuse
when u have answer to what i had raised u will know why all these had to happened. Don't ask me WHY bcoz i would like to know the ans too
Jeremiah 31:3 even says, “Yes, I have loved you with an everlasting love; therefore with loving kindness I have drawn you.” The Bible clearly states that God doesn’t even enjoy a wicked person’s death. Ezekiel 33:11 says, “...'As I live,’ says the Lord God, ‘I have no pleasure in the death of the wicked, but that the wicked turn from his way and live...For why should you die, O house of Israel?’”
Men sinned from one person's disobedience through Adam and salvation was brought to mankind also through one man's obedience - Jesus son of God.
2018-09-10 15:25 | Report Abuse
If you all do not know how hell is...Bible give you a glimpse of it. Read the parable of the rich man and a beggar Lazarus Luk 16:20 A beggar named Lazarus, who was covered with sores, was brought to his gate. 21 He was always trying to satisfy his hunger with what fell from the rich man's table. Even the dogs used to come and lick his sores. 22 "One day, the beggar died and was carried away by the angels to Abraham's side. The rich man also died and was buried. 16:23 In the afterlife, where he was in constant torment, he looked up and saw Abraham far away and Lazarus by his side, 24 So he shouted, 'Father Abraham, have mercy on me! Send Lazarus to dip the tip of his finger in water to cool off my tongue, because I am suffering in this fire.'25 "But Abraham said,'My child, remember that during your lifetime you received blessings, while Lazarus received hardships. But now he is being comforted here, while you suffer. 27. "The rich man said, 'Then I beg you, father send Lazarus to my father's house 28 because I have five brothers to warn them, so that they won't end up in this place of torture too.'
http://www.bibleinfo.com/en/questions/what-does-bible-say-about-hell
2018-09-10 15:03 | Report Abuse
Posted by William Chong > Sep 10, 2018 02:11 PM | Report Abuse
why god create satan?
God never created satan or any man evil. Like men, God created angels but some angels also rebelled and turn against God. The Bible only mentions the names of four angels from the countless millions that have been created. They are, Gabrielle, whose name means, "God is Mighty", Michael, whose name means, "Like God", Raphael, whose name means, "God Heals", and Lucifer, whose name means, "Light Bearer". All of them were created good!
It was Lucifer who rebelled against God and who through pride, coveted the Throne of God and the worship that belonged to God alone. This resulted in a mighty war in Heaven. Lucifer, along with one third of the angelic host was defeated by the Archangel Michael and was cast down from Heaven to the earth where he became known as "Satan", a name which literally means; "Adversary" as well as "Devil", which means, "Accuser of the brethren." So as you know, Lucifer will always wants all men to accompany him to hell and destroy God's plan of salvation promised to men through one person - Jesus son of God.
2018-09-10 14:31 | Report Abuse
Sslee, kindly read my earlier post:
Posted by hoolahoo > Sep 10, 2018 09:25 AM | Report Abuse X
Good morning all. Yes Celvin I agree with you that Christians have their duty to help save others from their sins. Who do not wants to save their love ones from hell? We believed because we are heard His call and experienced Jesus in our lives. I just want to share one of my many encounters with the Jesus at work.
Just try to cut a story short, a friend told us that he was a good person leading a good family life with parents, siblings, wife and kids. One day he was involved in RTA (road traffic accident) and ended up in the EMD (Emergency Medical Department) of the General Hospital. He did not want to die as he was still young and had a wife and children to take care. He remembered during the emergency resuscitation that he blacked out and saw himself passing through a complete dark place. He kept calling out to Buddha for help as he was a Buddhist. Not long after that he saw Buddha and asked, "Buddha, please save me, I have always been a good person doing charity and helping others in need when opportunity presents itself." But Buddha replied, "Didn't you see I can't even help myself, I have died too and is here. But I know someone who can help you. He is just ahead and you will meet him." Surely not long on his way he saw a bright light and suddenly he woke up and saw himself in the emergency ward with ventilation machine to ventilate his breathing. After his full recovery and returned home, he celebrated with his family and friends for being alive. After that he search for the true saviour began. He searched in the churches finally found the person with the wings in the RC church (the angel). He told his story to his family, parents and siblings and they all converted to Christianity. Heb 4:7 "Today, if you hear his voice, do not harden your hearts."
As we all are sinners because of our venial, mortal and inherited sins. Doing good does not absolve our previous sins. Also we cannot be sure that we will go to heaven simply we cannot guarantee that we will not sin against God and Heaven again. Who can intercede for our sins? No other God say it clearly he can absolve our sins except Jesus. "John 14:6 I am the way, the truth and the life, no one comes to the Father except through me."
You may study anything about any religion but if you did not encounter your god personally then your god is not a living God, it is non existent or fictitious. Then it is like you say it is just your brain playing trick on you used for war etc.
I salute to Calvin for his sharings on religion even though he only specializes in share investing. Refer to ISV 2Cor 11:19 "Did I (Calvin) commit a sin when I humbled myself by proclaiming to you the gospel of God free of charge, so that you could be exalted?"
2018-09-10 10:22 | Report Abuse
Up_down, we do not decide, the one above decide when the time comes for you and me. It's like the The Parable about the Ten Bridesmaids. Mat 25:1-10 At that time, the kingdom from heaven will be comparable to ten bridesmaids who took their oil lamps and went out to meet the groom. Now five of them were foolish, and five were wise, because when the foolish ones took their lamps, they didn't take any oil with them. But the wise ones took flasks of oil with their lamps. Since the groom was late, all of them became sleepy and lay down. But at midnight there came a shout: 'The groom is here! Come out to meet him!' Then all the bridesmaids woke up and got their lamps ready. But the foolish ones told the wise, 'Give us some of your oil, because our lamps are going out!' "But the wise ones replied, 'No There will never be enough for us and for you. You'd better go the the dealers and buy some for yourselves.' "While they were away buying it, the groom arrived, Those who were ready went with him into the wedding banquet, and the door was closed. Later, the other bridesmaids arrived and said, 'Lord, Lord, open up for us!' "But he replied, 'I tell all of you with certainty, I don't know you!"
2018-09-10 09:25 | Report Abuse
Good morning all. Yes Celvin I agree with you that Christians have their duty to help save others from their sins. Who do not wants to save their love ones from hell? We believed because we are heard His call and experienced Jesus in our lives. I just want to share one of my many encounters with the Jesus at work.
Just try to cut a story short, a friend told us that he was a good person leading a good family life with parents, siblings, wife and kids. One day he was involved in RTA (road traffic accident) and ended up in the EMD (Emergency Medical Department) of the General Hospital. He did not want to die as he was still young and had a wife and children to take care. He remembered during the emergency resuscitation that he blacked out and saw himself passing through a complete dark place. He kept calling out to Buddha for help as he was a Buddhist. Not long after that he saw Buddha and asked, "Buddha, please save me, I have always been a good person doing charity and helping others in need when opportunity presents itself." But Buddha replied, "Didn't you see I can't even help myself, I have died too and is here. But I know someone who can help you. He is just ahead and you will meet him." Surely not long on his way he saw a bright light and suddenly he woke up and saw himself in the emergency ward with ventilation machine to ventilate his breathing. After his full recovery and returned home, he celebrated with his family and friends for being alive. After that he search for the true saviour began. He searched in the churches finally found the person with the wings in the RC church (the angel). He told his story to his family, parents and siblings and they all converted to Christianity. Heb 4:7 "Today, if you hear his voice, do not harden your hearts."
As we all are sinners because of our venial, mortal and inherited sins. Doing good does not absolve our previous sins. Also we cannot be sure that we will go to heaven simply we cannot guarantee that we will not sin against God and Heaven again. Who can intercede for our sins? No other God say it clearly he can absolve our sins except Jesus. "John 14:6 I am the way, the truth and the life, no one comes to the Father except through me."
2018-09-02 21:07 | Report Abuse
You are welcome Fam Jenny. I wish you good luck in your undertaking.For me I am a retiree and not in the state of mind to do any business but only short term investment. I use my time studying and analyzing market and shares. The more I learnt the more I make $$$. I am initially a long term share invester but now a medium to short term and even day trader. I have made quite handsome return on daily trades. I intend to go Forex trading one day when I have more time. My latest trade on Myeg is few K gain on contra. I am putting quite a tidy amount of my investment in Myeg and my target price for Myeg is above RM2.50 medium term and above RM4.50 long term.
2018-09-02 11:11 | Report Abuse
Wow very interesting indeed Fam Jenny, from shares to business. But the formula for success is still the same: Hard work, Perseverance and Patience will reap rewards. You can advertise your service or products for free to fast growing network of more than 3 mil people worldwide @ https://dealshaker.com/en Just for your info, the services or products inside are sold in onecoin called ONE. Even travel packages, car rentals, hotels and thousand of products are sold by fast growing internet merchants very cheap(consider you MINED the coin at the cost of below 1 ringgit to 1 Onecoin. The actual cost of 1 Onecoin has appreciated to 20.75 euros now. Your 1 ringgit value is now more than 500 ringgit.
My 2 cents idea for you to start and internet business and sell from home.
2018-06-25 22:09 | Report Abuse
Video link below
https://youtu.be/okEBesuiqBk
Video uploaded 2 years ago below about Onecoin
https://youtu.be/638_Jpp2Rq8
Sharing is caring
2018-06-23 22:08 | Report Abuse
Which country wants to lag behind in digital economy? Malaysia could not afford to ignore the benefits while other countries are fast integrating into the digital economy. This video link below was shared last year and since then quite a number of countries are officially using onecoin as the alternative currency. Now you can buy practically anything using onecoin....go to www.dealshaker.com
https://www.youtube.com/watch?v=I6BRnHH5U1k (Congo using crytocurrency onecoin since last year to buy land)
2018-06-23 17:55 | Report Abuse
Kaikai010, not that local is not favorable. But Philipines and Indonesian governments are more digital literate to accept digital technology. Malaysia has lagged behind due to kreptocrasy. Now that a new government has just take over with a new bank negara governor, sooner or later Malaysia will join in the fray and that's where Myeg is well established to grasp this opportunity. This is my analogy only.
2018-06-23 13:07 | Report Abuse
Who said crytocurrency is scam? Just watch and read the links below:
http://www.kaixino2o.com/web/bx/user/jdx444/user_article.html?index=363532&preview=1&from=groupmessage
http://guba.eastmoney.com/news,600158,751442374.html?from=singlemessage&isappinstalled=0#10006-weixin-1-52626-6b3bffd01fdde4900130bc5a2751b6d1
2018-06-23 08:58 | Report Abuse
I see a great potential of Myeg price climbing very high. Any price weaknesses are opportunities to pick up. Digital and blockchain related businesses are the future. If you have a vision of Jack Ma follow me and keep this shares for 1-2 years. But of course, I will move in and out of some of my shares due to macroeconomic risk (trade war).
2018-05-01 09:50 | Report Abuse
Gd mrg Jenny & all, from your postings I can guess your personality. You're kinda sincere and honest person, good to have as a friend. If you really wanda a successful and prosperous life you should be able to make it. Send me an email to nicktinglh@yahoo.com and I will send you an ebook free of charge for you to achieve anything you want in life. Helping a good soul is what makes me happy doing.
2018-03-11 09:45 | Report Abuse
Gd mrg. Ivk204,
There are a lot of undervalued stocks now. If u have followed the i3 forum everyday ppl are recommending this stocks here and that stocks there. Out of so many stocks, it is best you pick your own based on your risk appetite and criteria.
Class 1. The higher the risk = the higher the return or loss
" 2. The lower the risk = the lower the return or loss
" 3. No risk = no return or no loss
Out of the 3 above the worst are the ppl who are in class 3 (these are the ppl who usually put their money in fixed deposit). But fixed deposit interest is less then the inflation rate so their return is infact "0" if not losing. Even fixed deposit also carry some risks. There is a saying dead ppl do take any risk! Everyday we are facing risks. The only difference is how we manage risks!! To manage them we must first learn how much is our risk appetite or tolerance. Say from 1 to 100 which class do you belong? Every stock picks you will have risks. You must quantify the risks and manage them accordingly to your risk tolerance.
In the recent sell down most stocks are already at the bottom or oversold. Investors are spoilt for choices. There is always a need to correctly time your entry for e.g. LCTITAN is undervalued stock but the price had gone up a bit so it may not a good entry level at this price cf to MULPHA or LIHEN. Learn also when to take profit for every investment decision you take. Just as a suggestion, not a recommendation for you to follow what I liked. I like HY and PETRONM. They have just broken out from their support levels and are going to move upwards.
They will move up due to following reasons.
Good fundaments. Oversold mostly due to fear and poor macroeconomic performance. Following big market corrections is always a good opportunity to enter. Markets will always move up after big corrections, esp O&G counters where oil price is relatively stable or moving upwards. Lastly, there is an impending election.
Of course, there are always ppl who will disagree with me but it normal to have a different opinion. Whatever opinions ppl give also choose the one you like most. Good luck and good fortune!!!
2018-03-10 08:39 | Report Abuse
Gd mrg. Good luck 3iii! I also bought some below 9.00 but not as aggressive as you! I just enjoy investing the market swings in small affordable amount as it's stressfree. However, it is far better than people without taking risks. But I guess you are quite safe to enter at the correct support level. Good luck and good fortune to you!
2018-03-06 20:26 | Report Abuse
Dear KYY, if you are serious about growth company and wish to be wealthy and make millions or more in a period of one year or two then you must take a look of the video presented in this link below:
https://www.youtube.com/watch?v=-qqc0vefqmk
I had written a few articles in the past on this and for those who took noticed and mined the coins their investments should have increased many folds over the past one year. Right now there is no other investment that can match this! This pre-offering sale will end by May this year. Those who had invested earlier were given many offers and much better returns. Now there is no more offer but still is better any shares or commodities around the world!!! You would be very happy and glad if you invested. May God bless you abundantly!!!
2018-03-01 09:46 | Report Abuse
THE STORY OF HENG YUAN
Yesterday big fish manipulate to press the price down
So the price gapped down more than RM 2.00 become the talk of the town
This had caught everyone by surprise
I was caught by the falling price
Those who panic will sell and get out of here
They made a big loss out of fear
Then the syndicate will buy your shares
Soon the price will soar up again
Those who sold earlier will they gain???
2018-02-20 21:35 | Report Abuse
A MUST WATCH video link in the series of WEALTH PROTECTION AND ACCUMULATION :
https://www.youtube.com/watch?v=AnzB9P1I5C8
2018-02-19 22:59 | Report Abuse
https://www.msn.com/en-my/money/topstories/nazir-no-surprise-that-bank-owners-are-looking-to-exit/ar-BBJjuaG?li=BBr8Hnu
The 7th Disruption: The Rise of Digital Currency = video link below
https://www.youtube.com/watch?v=6zfSmTfMKiA
2018-02-18 14:37 | Report Abuse
The IMF officially green-lighted the acceptance of China’s currency – the Yuan – into the IMF’s foreign exchange basket. According to Reuters, this move paves the way for the IMF to place the yuan on a par with the US dollar. This is the latest in a series of global developments that threatens to eliminate the US dollar as the world’s reserve currency. Experts predict this announcement will trigger one of the most profound transfers of wealth in our lifetime. So if you want to protect your savings & retirement, you better get your money out of US dollar investments and into the one asset class that rises as currencies collapse.
The IMF Holds Supreme Power
The International Monetary Fund, or IMF, is one of the most secretive and powerful organizations in the world. They monitor the financial health of more than 185 countries. They establish global money rules and provide “bail-out” assistance to bankrupt nations. Some are warning that any move by the IMF to supplant the US dollar could be catastrophic to American investments.
And now, the IMF has made the first move. As reported by The Wall Street Journal, the IMF officially green-lighted the acceptance of China’s currency – the Yuan – into the IMF’s foreign exchange basket. This marks the first time in history the IMF has expanded the number of currencies in the foreign exchange basket. This means that the Chinese currency will now become a viable global alternative to the US dollar.
According to Juan Zarate, who helped implement financial sanctions while serving in George W. Bush’s Treasury department, “Once the [other currency] becomes an alternative to the dollar, rules of the game begin to change.”
Leong Sing Chiong, Assistant Managing Director at a major central bank, said this dollar alternative “is likely to transform the financial landscape in the next 5-10 years.”
Currency expert Dr. Steve Sjuggerud warned, “I’ve been active in the markets for over two decades now, but I’ve never seen anything that could move so much money, so quickly. The announcement will start a domino effect, that will basically determine who in America gets rich in the years to come, and who struggles.
Dr. Sjuggerud says if you own any US “paper” assets - and that includes stocks, bonds, or just cash in a bank account – you should be aware of what’s about to happen and know how to prepare. A number of experts believe a recent spike in gold and silver prices is a direct result of the IMF’s action. Precious metals notoriously rise when the US dollar falls.
The Death of the US Dollar in One Frightening Graph
For the last 600 years, there have been six different global reserve currencies controlled by world superpowers. The latest – the US dollar – has dominated world currency for over 80 years. The alarming fact is, global reserve currencies have collapsed every 80-90 years for the last six centuries! What does this mean for America and the dominance of the US dollar? Based on recent evidence and long-standing historical trends, experts predict the imminent collapse of the US dollar! What’s more alarming? Many Americans aren’t yet doing the one thing that will save their savings & retirement from US dollar collapse.
Just take a look at the graph below. It shows the lifespan of dominant currencies going back 600 years. Notice that the US dollar has now been the dominant currency for 88 years, about the same length of time as its predecessors.
It’s obvious why experts say that the US dollar’s days as the world’s reserve currency are coming to a climactic end.
All Fiat Currencies Collapse
“Fiat” currency is paper currency backed by nothing tangible. As opposed to “sound money” which is backed by gold or some other valuable commodity, a fiat currency is backed by nothing more than faith in the government. The US dollar has been a fiat currency since Nixon closed the gold window in 1971 in what was the greatest heist in American history. The scary fact is, the average life span of a fiat currency is 40 years, and the US dollar has now exceeded 40 years as a fiat currency!
Prior to 1933 and for well over 100 years, the dollar was backed by gold, and $20 bought you an ounce of gold. But after the government stole all US citizens’ gold in 1933 for a $20 paper certificate, gold was revalued at US$35, meaning the dollar was devalued by 43% overnight and all foreign and domestic holders of dollars were effectively robbed.
After Nixon closed the gold window completely in 1971, it took $67 to buy an ounce of gold, devaluing the US dollar by 50% again. Today, it takes well over a thousand US dollars to buy that same ounce of gold. Why? Because the US dollar is now nothing more than a fast-declining Federal Reserve note backed by a government that is saddled with $18 trillion in unpayable debt — growing by $10 million per minute!
Protect Yourself Before It’s Too Late
This “Paper Money Experiment” has run its course.
https://youtu.be/HdACP-PzzAg
2018-02-12 18:49 | Report Abuse
2018-02-10 22:23 | Report Abuse
Sorry for spelling mistake---item 2. She looks from the top
2018-02-10 21:43 | Report Abuse
1. Timing is crucial to wealth accumulation. http://www.businessinsider.my/eddy-zillan-ohio-savings-cryptocurrency-millionaire-2018-2/?r=US&IR=T
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Www.onelife.eu
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Blog: Calvintaneng is now officially exposed as a liar
2019-05-12 14:02 | Report Abuse
No harm gents for Calvin's suggestion. No body is right all the times. His suggestion does really mean you have to enter blindly right away without analysising the sentiment and trade war going on. Just wait for the right moment for the market to bottom out.