Why such a big drop ?

Why got over 1000 RED BEARS now in our mkt ???

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Poh Kong ... sapu kuat kuat !!!

ok, just buy some.

Interest rate cuts shall give birth to stock mkt superbulls throughout the world !!! 😋😋😋

DR M, just take pineapple like kyy and U shall be ok.

Poh Kong is a GOLD bird, better than all the birds in the sky !!! 😁😁😁

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Just buy some Tomei and keep ? bcos it is veri chip now. 😋😋

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Mani players also got left our Bursa ?

About 20 central banks still expect to raise their gold holdings in the coming year, spurred by heightened geopolitical and financial risks, according to a World Gold Council report.

Just follow them and buy some and keep. 😁😁😁

The sky is the limit !!!

What is the amount accumulated for a sum of $10000 at a compound rate of 10% per annum for 50 years ?

Certainly! Let’s calculate the amount accumulated using the compound interest formula:

[ A = P \left(1 + \frac{r}{n}\right)^{nt} ]

where:

(A) is the accrued amount (principal + interest).
(P) is the principal amount (initial investment), which is $10,000.
(r) is the annual nominal interest rate as a decimal (10% becomes 0.10).
(n) is the number of compounding periods per year (assuming annual compounding, so (n = 1)).
(t) is the time in years (50 years).
Plugging in the values:

[ A = 10,000 \left(1 + \frac{0.10}{1}\right)^{1 \cdot 50} ]

Solving this:

[ A \approx $1,173,909 ]

After investing for 50 years at 10% interest, your initial investment of $10,000 will have grown to approximately $1,173,909, earning $1,163,909 in interest1

Tomei ... grossli undervalued now ?

Poh Kong ... veri chip now ?

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Fed rate cuts and friction in the bond market could drive gold prices to $3,000 in the next 12 to 18 months - Bank of America

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No wori lah, the whole mkt is dropping. U can collect all U want lah !!!

Hidup Sarawak !
Hidup Sarawakians !!!

32% of Sarawak land got moni buried underground. Go and buy Sarawak land now ?

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Finally, gold offers a non-correlated hedge against stock market crashes. In other words, gold offers diversification — a collapse in financial markets doesn’t cause a collapse in gold prices. Quite the opposite: many investors believe gold will rise in price if a bear market hits.

Likewise, investors retreat to gold when fiat currencies lose value fast to inflation. Amidst all the inflation anxiety in 2023, gold rose 13.08%.

In 2020, for example, gold jumped 24.43%.

When Richard Nixon severed the dollar from gold backing in 1971, the price of gold suddenly started floating at market rates. It consequently skyrocketed over the rest of the 1970s, delivering an average annual return of 40.2%.

Ten years ago, the price of gold sat at $1,246 per ounce. Today, it’s worth $2,350.65 per ounce. That marks an 88.66% increase in value, or an average annual return of 8.86% (not calculated for compounding). 😁😁😁

kyy, thanks alot. 😁

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NICE got gold in the ground ?

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also must collect the pot of gold in front of us lah ?

YXPM's uptrend just got started ? Jump in fast to catch the earli worm ? 😄😄😄

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Gold related counters ... the god of prosperity for all ??? 🤑🤑🤑

All gold related stks ... no sell, please !!! 😁😁😁

bcos YXPM shareholding is controlled 70% by Tomei ?

No potential like Tomei performing. Tak guna nya stock lah.

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Still dirt chip lah !

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