Spend...spend...spend...
Berbelanja le segala 'subsidi' yg ada.
Sblm kerajaan menarik sdkt² subsidi yg diberi.
Utamakn kualiti, tingkatkn kuantiti.
Jauhi 'glamour' krn jenama, elak jd penspeculate.
Dahulukn 'keperluan', cuba tolak 'kehendak'.
Precious metal x mengenyangkn,
dan tdk lg diguna sbg mata wang.
Bila trade nya di jln secara fiat,
harganya xkn turun, trendnya mencanak.
Ia hanya diguna utk speculate fiat.
Krn yg monopoli pasarannya tu, para pencetak fiat.
Tiada komoditi lain yg dpt membeli gold/silver, hanya fiat shj.
Kadar turun-naik harganya umpama
setiap peluru yg menusuk umat manusia.
Berhutang, utk jd hamba.
Bank sbg pencemetinya.
Berfikir sblm memutuskn,
spy x tersangkut di tgh jln.
Pilih dgn bijaksana,
pelaburan tanah utk keperluan asasi manusia.
Tempat tinggal yg bkn acuan developer,
sekadar teduhan keluarga dan hidup selesa.
Mewah tu satu penyakit,
nafsu tu boleh berjangkit.
kurangkn membakar wang anda,
kerana pengangkutan tu cuma kemudahan yg ada.
Pilih lokasi yg sesuai bg mengurangkn kosnya.
Greyerz - Swiss Refiners Say “Demand for Gold is Massive”
Today Egon von Greyerz told King World News that Swiss refiners are “working round the clock because demand for gold is so massive.” Egon von Greyerz is founder and managing partner at Matterhorn Asset Management out of Switzerland. Von Greyerz also said the financial world is headed into trouble that will be much worse than 2008. But first, here is what Greyerz had to say about Swiss refiners: “The gold market may appear quiet right now, but underneath the quiet there is a great deal of action in the physical market. Swiss refiners are telling me they are working ‘round the clock’ because demand for gold is so massive.”
Egon von Greyerz continues:
"At the same time, we are reading that a number of central banks are buying gold. So the nonsense coming from the mainstream media that people are not interested in gold is completely false. We are seeing massive accumulation of physical gold. This decline today is clearly only in the paper market.
Once people wake up to the fact that the paper market is not even a real market, meaning it’s a false market that can never deliver the real goods, once investors realize this, that is when people will really panic....
“The paper market will then be either non-existent or we will see a massive premium between physical and paper. I think those days are not far away.
I don’t think people are focusing enough on the long-term consequences. The masses are just living day-to-day and hoping the current problems will go away, but they won’t. The same people who did not see the problem in 2007/2008 are now saying, ‘It’s over.’ Nothing is over.
We are actually going to go into a situation that is much worse than in 2008. Once again, people are in total denial, and that includes governments and central bankers. The first consequence of the enormous deficits and massive credit bubbles is going to be hyperinflation.
The hyperinflation will come as a result of governments printing unlimited amounts of money. During this hyperinflationary depression, people will see currencies falling in value against real money, gold. In a hyperfinflation, nobody benefits from the money creation except the ones standing nearest to the printing press.
So governments will help themselves and banks will get some benefit, but by the time the money gets to the people it will be worthless. Pensions will be wiped out as well. When Germany went through the Weimar hyperinflation, at that time people were more self-sufficient. Today, many people are dependent on governments.
This is why we will have more social unrest and anarchy. I don’t think governments will be able to control it because people will be poor, hungry, and homeless in many cases. The consequences of all of this reckless behavior is going to be very serious for all of us.
This is the first time in history that we will see hyperinflation occurring simultaneously in many countries. Previously, this type of event has been isolated to one country at any one time. Gold will be an extremely important means of survival and payment during this hyperinflationary period.”
at any time sekali sekala kita bole nikmati idup pada kemampuan sebenar kita atau sedikit atas dari kemampuan sebenar kita... tanpa jejaskan financial kita....
cthnya... bila2 kita rasa nak makan or menginap kat hotel 5 star... kita bole lakukan dgn petik jari sahaja...
or bila terasa nak pi melancong ke Switzerland... bole pi bila2 kita suka tanpa fikirkan kekangan kewangan...
Cash flow mmg penting. In case em'cy kita mmg perlukan cash. Life style mmg boleh adjust, it just a matter of our acceptance. Terima kehidupan itu seadanya, prepare for the worst.
Get out of debt, make more money, and save them in physical. It always easy to liquid them when the need of fiat arise.
Not being a slave (free of debt), is more blissful than have all the big boy toys I could have.
When news broke of a 2 billion dollar trading loss by JP Morgan, much of the financial world was absolutely stunned. But the truth is that this is just the beginning. This is just a very small preview of what is going to happen when we see the collapse of the worldwide derivatives market.
Their Chief Investment Office made a series of trades which turned out horribly, and it resulted in a loss of over 2 billion dollars over the past 40 days. But 2 billion dollars is small potatoes compared to the vast size of the global derivatives market. It has been estimated that the the notional value of all the derivatives in the world is somewhere between 600 trillion dollars and 1.5 quadrillion dollars. Nobody really knows the real amount, but when this derivatives bubble finally bursts there is not going to be nearly enough money on the entire planet to fix things.
So if this kind of stuff is happening at JP Morgan, then what in the world is going on at some of these other places?
That is a really good question.
For those interested in the technical details of the 2 billion dollar loss, an article posted on CNBC described exactly how this loss happened….
The first reason is that the gambling instruments the banks now use are mind-bogglingly complicated. Warren Buffett once described derivatives as “weapons of mass destruction.” And those weapons have gotten a lot more complex in the past few years.
Sadly, most Americans do not even know what derivatives are.
Most Americans have no idea that we are rapidly approaching a horrific derivatives crisis that is going to make 2008 look like a Sunday picnic.
According to the Comptroller of the Currency, the “too big to fail” banks have exposure to derivatives that is absolutely mind blowing. Just check out the following numbers from an official U.S. government report….
JPMorgan Chase – $70.1 Trillion
Citibank – $52.1 Trillion
Bank of America – $50.1 Trillion
Goldman Sachs – $44.2 Trillion
So a 2 billion dollar loss for JP Morgan is nothing compared to their total exposure of over 70 trillion dollars.
Overall, the 9 largest U.S. banks have a total of more than 200 trillion dollars of exposure to derivatives. That is approximately 3 times the size of the entire global economy.
It is hard for the average person on the street to begin to comprehend how immense this derivatives bubble is.
So let’s not make too much out of this 2 billion dollar loss by JP Morgan.
This is just chicken feed.
This is just a preview of coming attractions.
Soon enough the real problems with derivatives will begin,and when that happens it will shake the entire global financial system to the core.
---
derivative market dah start crack.... amacam... dah wat persediaan?!
minta pdpat kawan2,sy ada cash rm3k,cadangan mula2 nk sattle personal loan bank rakyat,tp mmndagkan skrg ni hrga emas tgh murah,rs cam nk guna budget tu utk beli emas,so berbaloi x kalau beli emas time2 skrg ni?
Submitted by Tyler Durden on 05/14/2012 11:49 -0400
When wonkish blogs suggest gold ownership as a hedge for the political idiocy of the world, it is mockingly shrugged off. When the BRICs add gold, it is eschewed in a 'well, its diversification' argument. But when the bankers' bankers' bank - The IMF - starts adding Gold to its reserves to cover higher expected credit risk losses (read major devaluations of fiat currency exposure), perhaps - just perhaps - the 'rationality put' we noted earlier is becoming a little more expensive in the minds of Lagarde and her colleagues. As Bloomberg News reports, “The Fund is facing increased credit risk in light of a surge in program lending in the context of the global crisis,” the IMF staff wrote in a report released today, adding "there is a need to increase the Fund’s reserves in order to help mitigate the elevated credit risks,” and as CommodityOnline added: "The International Monetary Fund (IMF) is planning to purchase more than $2 billion worth of gold on account of rising global risks. The IMF currently holds around 2800 tonnes of gold at various depositories".
The IMF announced in February 2010 that phased sales of gold on the market would be initiated shortly (after proposing the initial 403.3 ton sale in September 2009. At that time, a total of 191.3 tons of gold remained to be sold, following the sale of a total of 212 tons to three central banks during October and November 2009.
Post Last Edit by pengecatbintang at 15-5-2012 15:05
settle guna duit gaji ler...
--
jangkaan aku - sblm euro and us dollar collapse ujung tahun ni (tp financial market explode terlebih dahulu, trigger by pasaran derivatif).... aku amat berharap pada masa ni, rege precious metals akan naik gila2 atas 2 sebab...
1. public panic (getting out from fiat) and run to PM
2. Price Suppression of PM stop...
masa ni... sesapa yg ada physical PM bole jual n guna fiat money tu utk settlekan utang2 yg ada...
so, debt free apabila global financial system collapse (trigger by derivative then euro n usd breakup)
Gold & Silver Decline: George Soros Nearly Quadrupled Gold Stake in Q1
Published May 16, 2012 / Wall St. Cheat Sheet
Despite once calling gold the “ultimate bubble,” George Soros’ hedge fund nearly quadrupled its exposure to the SPDR Gold Trust from 85,450 shares in the fourth-quarter to 319,550 shares in the first-quarter. Soros Fund Management also opened a new position through call options in Newmont Mining (NYSE:NEM), one of the world’s largest gold producers.
JPMorgan Chase & Co. (JPM) (JPM)’s loss from derivatives trading may widen to $5 billion, the Wall Street Journal reported.
Chief Executive Officer Jamie Dimon personally approved the strategy that led to the trades, without monitoring how they were executed, the newspaper said, citing people familiar with the matter that it didn’t identify. His failure to closely regulate that activity caused resentment among executives whose departments face tighter oversight, according to the Journal.
JPMorgan last week announced a $2 billion trading loss on synthetic credit products, or derivatives tied to credit performance. Dimon said the transactions, intended to manage risk, were “egregious” failures by the bank’s chief investment office. JPMorgan has said the amount could increase by $1 billion or more as it winds down the positions.
Regulatory Overhaul
The loss has prompted the Federal Reserve Bank of New York to examine how banks in its district are managing cash after receiving a flood of deposits since the credit crisis, according to a person familiar with the matter. Dimon, 56, has agreed to testify before a Senate committee that’s debating whether to tighten rules on trading by U.S. lenders.
The company was trying to reposition a portfolio of corporate credit derivatives and used a trading strategy that was “flawed, complex, poorly conceived, poorly vetted and poorly executed,” Dimon told shareholders this week at the bank’s annual meeting in Tampa, Florida.
To contact Bloomberg News staff for this story: Nathaniel Espino in Beijing at [email protected]
pada 10 May 2012 JP Morgan umum rugi USD2 billion dr pelaburan deravative...
start tu lah pasaran saham dunia mula jatuh... angka Bank For International Settlements bgtau... total derivative market dunia adalah USD6XX trillion..
Foreign exchange traders began swapping Japanese yen for the Chinese unit without having to use the US dollar as an intermediary currency when the market opened in Tokyo.
By not using the dollar as an intermediate currency, "we can lower transaction costs and reduce settlement risks at financial institutions as well as making both nations' currencies more useful", he added.
Post time 4-5-2012 09:42 AM
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