Wednesday, 26 September 2012

For those playing Gold, do take note that Mr Hu Li Yang thinks gold run has ended with a high of $1923.70 one year ago

Dear Friends,

Will Gold price ever hit $1923.70 again, now that QE3 expectation already gone? This is a chart for your reference...

In a triple top box pattern now. Asian Leading Investment Guru Mr Hu Li Yang does not think it has the strength anymore and he may be right.

We think any upside is limited even if it exceeds that highest mark.

Long term wise, please avoid it, say no to MLM companies making money by asking you to join their business buying gold. We have seen many closed down in Malaysia and Singapore whenever gold price sinks by 10%. Recently I have heard a Singapore company turning hot again... sigh. Sometimes they have no intention of deceiving. It is just that when market is uncertain, a panic will cause a lot of people to cash out, suddenly forcing the company to run out of cash.

So if you think of joining them, be extra careful. Don't be the next Sunshine Empire or Lehman Brothers! If you know what I meant ;).


Radio FM958访谈 2018年11月15日:世界股市展望 - 现在是熊市吗?

·         美国 股市担心苹果业绩,巴菲特却大胆投资! 道琼斯昨晚闭市在 25080 ,掉了 205 点。在这 10 月 11 月道琼斯的波动都相当大。有很多投资朋友开始怀疑熊市是不是已经来临了。我的答案是还没有。这个跌幅反而是好时机进场。大家不用太担心。 ...