Archives for October, 2011


Mahathir: Quantitative Easing is Printing Money

Tun Mahathir Mohamad recently blogged on Quantitative Easing under his entry entitled – QE II. In his first sentence, he explained that QE II is not the short for Queen Elizabeth II or does it has any relationship with the retired QE II Cruise.

^ Tun Mahathir Mohamad is Chedet

“3. What is quantitative easing? It is about printing and issuing money to overcome a financial problem. Lately Britain has printed 75 billion pounds to help distressed banks and others.”

He sarcastically commented that Malaysian would be damned if Malaysia were to adopt QE for our economic problems.
[


Gold and Silver Spot Price Calculator

A few days back, I decided to write my own calculator that calculates margins for Gold and Silver. I hit my key board hard, coding like how I used to code 10 years ago.

With that, tailor-made for Malaysian, exclusively from – The ISM Gold/Silver Spot Calculator!

Silver Spot Price Calculator

How to use ISM Gold/Silver Spot Calculator

I have designed the calculator to be as simple as possible. You will need to fill in the current spot price – be it Gold or Silver, current MYR exchange rate with USD, retail price and the weight of purchase. As simple as that! You can also key in other cost if you like to have it included in the calculation.

The calculator is currently located on’s right panel. You should be able to see it big and clear.
[


Interview with Darryl Ho,

We managed to catch up with Darryl Ho, the person behind and had a quick discussion over PM investing.

Q: Hi Darryl Ho. Can you share with us your early days in investing in Silver? What brings you into investing silver?

I’m a person who always look out for long term investment. I started with property investment and over the years has provide good and stable return. Then a friend has recommend me to Gold investment, back then it was only about USD1000 /oz. With that, I started researching about commodity investment and found that people in China, India, US, Canada and even Middle East have been vastly investing in Gold. And particularly the Americans has already started with Silver as well cause of the affordable price. There goes my journey for gold and silver.

Q: What made you started your own trading?

The demand. There’s lots of Malaysians are aware of silver investment but they do not know where to purchase in Malaysia and it’s quite troublesome to buy online from overseas as well. Lots of things need to take into consideration like the import and sales tax that takes up 15%. It’s not worth to get a few oz from overseas as the shipping and insurance are very expensive. I started to get in a few tubes each time and sell to friends and family, that eventually lower down the cost when you get in bulk. When the demand gets higher, I decided to come out with the website and start to sell to public 🙂
[


Crashing Gold and Silver

By Howard Ruff | Oct 7 2011 2:35PM

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.
[


Interview with CK Diong,

Political Metals

CK Diong, author of shares his view on “Political Metals”.

Q: Hi CK Diong. Can you share with us how you started investing in Precious Metals?

I have been staring at this question for quite a while, not knowing how to respond. Fact is, I’ve not invested, and if I did, certainly not in Precious Metals.

I happen to be planning for early retirement around the time of the global financial crisis of 2008. It was so violent and swift that I quickly realized it was no ordinary crisis. That was when I decided to invest considerable time into understanding what actually was going on.

My research convinced me that what happened in 2007/08 was not another of those boom and bust economic cycles which will soon come to past, and that we will all be happily riding the next wave up again. I realized for the first time that what’s ahead of us in the next few years will be unlike anything we’ve seen in the past. The global debt-based monetary system is like a house of cards whose time has come.

Hence, I wanted to play safe and decided to take my retirement savings OUT of this precarious monetary system. I converted paper & electronic money into gold and silver, not as an investment, but as a store of value. I view them as Monetary Metals or Political Metals rather than Precious Metals.

Q: What do you think of investing in silver today?

I don’t understand why anyone, save for the most die-hard speculators, would want to invest in something as volatile as silver. Why would anyone invest in something whose price can drop $40 to $26 in less than 72 hours? And, if you know who’s behind the curtain making the silver prices so volatile, you’d want to stay away from this investment.

Having said that, I hold a substantial portion of my assets in the form of silver. I don’t invest in it, I just own it, and yes, that makes a lot of difference.I believe it’s a good asset to hold because like gold, it is a monetary metal that is a good store of value and it has no counter-party risk.
[

Next Page »