THE INVESTMENT APPROACH OF CALVIN TAN
30 YEAR CPO PRICE CHART SHOWS WHY CPO RM6,000 A TON VERY POSSIBLE (Calvin Tan)
calvintaneng
Publish date: Wed, 01 Jun 2016, 01:10 PM
calvintaneng
0 1,805
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
Palm oil Monthly Price - US Dollars per Metric Ton
May 1986 - Apr 2016: 484.410 (246.31 %)
Description: Palm oil, Malaysia Palm Oil Futures (first contract forward) 4-5 percent FFA, US Dollars per Metric Ton
Unit: US Dollars per Metric Ton
From CPO Chart above CPO Hit US$1,250 in year 2011 due to El Nino.
At US1 to Rm4 ringgit US$1,250 already reached Rm5,000 then.
SO WITH THIS MONSTER EL NINO YEAR 2016 CPO PRICE TOUCHING RM6,000 per tonne new benchmark now very possible.
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Discussions
1 person likes this. Showing 8 of 8 comments
RM 1 million/mt is possible due to hyperinflation. It is just like what happened in venezuela.
2016-06-01 22:12
possible if US depreciate or MYR crash. It is not due to supply or demand for that matter, at least in 2 decades.
2016-06-01 22:44
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Ride The Bull Short The Bear
CS Tan
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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....
Alex Chan
Hello, its raining heavily now
2016-06-01 13:32