Bursa Malaysia (KLSE) Daily Info Edge Zone

A lot of hot money around Asia share market

Durian Edge
Publish date: Wed, 06 Oct 2010, 09:04 AM
Durian Edge
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Gold price is hitting history high above USD 1340 per oz and FBM KLCI also about to rally up to hits old high before sub-prime crisis. Now a lot of hot money flow from Western to Asia due to economic crisis in US and Euro, most of the printed USD have been use to invest into Asia share market had cost the USD drop to new low in history, because of this gold price value again USD is flying sky high.

I think world may facing a currency crisis soon and in history, every share market crisis happen when the market is in super bull run. Base on the in flow of hot money, short term investment is still go but long term investment in share is not profitable compare gold investment or property investment. To maximum the profit in this short term rally, call warrant like PBBANK may likely yo bring some profit.
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