bleh tahan QR. But I have one concern gold price up does it mean less ppl buy gold? So mahal how to buy? I pass by Pohkong outlet seem like staff more than customer?
I already dumb dumb hold this Ah Kong from 46-47cents. 20%-30% return is good enough for me
GOLD price up to USD1470 today. Poh Kong profit is directly proportional to the increase in gold price. USD is also increase against RM. Also, long period of uncertainty in trade war between US and China, Lower interest rate world wide, still got room for gold to spiking.
Poh Kong share only goes up significantly once its financial quaterly report out with much better result. Many Malaysia stocks react slowly to world stock market. In other words, you need to hold a stock for some period, example more than 2 months. Stock like IWCITY react fast to any condition but never earn good money for so far. Speculate it means high risk and less profit if you are small player.
In year 2004, gold price is around USD400 per ounce, Now is USD1490 per ounce. Uncertainty, low interest and printing money worldwide cause gold price goes up. Almost 80% of the financial planners suggest keeping your asset at least 5% in gold. Now rich people starts to buy gold. Many countries also increase their reserve gradually in gold. At least, in one year time, gold price future is bright.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Alex7111
52 posts
Posted by Alex7111 > 2019-06-13 17:55 | Report Abuse
Is coming