For in the space of 3 months between January and March 2023, Singapore’s central bank has quietly bought an incredible 68.7 tonnes of gold, making Singapore the world’s leading sovereign gold buyer for the first quarter of 2023, even ahead of China.

Singapore's central bank ... ultra smart, buy and keep gold as reserve instead of the worthless , fiat currencies.

Therefore, always keep our wealth in gold instead of in currencies !!! 😋😍😘

The ringgit’s recent performance follows similar trends with other regional currencies, the central bank said, which it attributed to external factors like market adjustment to changing US interest rates and uncertainty around China’s economic prospects.

On a long term basis : all currencies including USD = 0 value as they are printed from NOTHING. gold = always on uptrend with no upper max. limit !!! 😍🥰🤩

I think the TSH show is still on, NO game over yet ?

Sokong, above.
We all onli want positive economic news for our Bursa !

All Malaysians are in intense economic pain !!!

All wars are bad and stupit. Stop all the wars now !!!

Therefore KLCI = 2000 pts ... a veri reasonable target lah.

Mani stock mkts throughout our world are hitting all time high now. People got lost faith in the fiat currencies which are losing their purchasing power and prefer to keep their wealth in stk mkts rather than in fiat currencies.

Korrect.

Korrect Sir. Thanks.

hard assets = valued stocks, land, precious metals (gold) etc
all fiat currencies (including USD) = ziro value, printed from nothing with no asset backing.

All worthless, fiat currencies (cash) are falling to ZIRO. So, all people prefer to keep hard assets instead of cash now !!!

Be greedy when others are fearful n tikus !

Korrect, the super duper bull run has just started !!! 😍🥰🤩

Hidup Bursa !!!

KLCI is now playing the CATCH-UP game !!!

Bursa Malaysia is in the early stage of a very powerful bull market !
Absolutely, it is true !!! Please no miss the boat$$$ ! 😁😂😄😅

Please take good care of the new born bull TSH. Thanks. 😍🥰😋

TSH ... coming now, the new born bull in the mkt ?

GDP data for the UK is also due this week, with market expectations pointing to a 0.1% Q4 contraction, which would push the UK into a technical recession.

Dragon yr = UK's technical recession ?

Dragon yr = KLCI 2000 pts ?

Japan's economy unexpectedly slips into recession, hurt by weak domestic demand.

Dragon yr = Japanese recession ?

kyy is always our great stk sifu as well as other sifu here ! 😁😄😅

The annual demand in the OTC market hit 753% in 2023, the highest since 2011, according to WGC data.

The overall consumption of the yellow metal increased by about 3% to 4,899 tons last year, backed by solid demand in the opaque over-the-counter market (OTC) and buying by central banks worldwide, especially in China and Poland.

Gold demand hit a record last year and is expected to keep the trend in 2024

😴

We all shall support anyone who shouts Hidup ekonomi Malaysia ! Hidup Bursa, pecah 2000 pts ! 😁😂😃😄😅😀

Data released on Tuesday showed that US household debt reached a new record high of $17.5 trillion in the fourth quarter of 2023.

Kredit cards oredi pakai sampai maximum lah !!!

More bank failures ahead

The main reason for the Fed to introduce QE would be more incoming bank failures, according to Prins.

"I do see the potential for a massive crisis in the banking sector. We are not out of the woods there. If that happens, it will be remedied by QE, and that will help this particular sector by creating liquidity," Prins said.

Day said “there’s no doubt in my mind” the Fed will cut interest rates this year, and if gold gets to $2,100 an ounce, “people are going to start coming back very rapidly I think.”

In every recession except one gold went up. In the majority of recessions, gold stocks rose and in some cases gained up to 200 percent.

We all here also veri tired when our Bursa is not going anywhere lah.

Who can take our economy UP and our Bursa UP above 2000 pts ?

Mani people oredi got DNAA ?

If Ah Jeep is in, then our Bursa will naik like Bang Joko's mkt ? All shall be veri hapi !!! 😁😂😄😁

How about Ah Jeep's contribution to our Bursa's highest mkt ?

https://www.youtube.com/watch?v=4CizDGoV5ew

Take out now our hard earn moni from the Ringgit n put it into gold to protect and preserve it ?

US banking system ... in collapsing mode now ?

But Argentina's stk mkt is skyrocketing ? 😁😋😀😃👍🍷💲⬆✅⏫

During Ah Jeep's rule, our Bursa reached its HIGHEST pt. As such, he gave tons of moni to the mkt players and the mkt stks' shareholders thru the Bursa's rise ?

As long as our Bursa and economy can go UP ? We all can agree on everything ? Korrect ?

🥱

"Looking at the returns from six months before the start of the recession to six months after the end, we can see that gold has returned 28% on average and outperformed the S&P 500 by 37%."

Based analysis with historical data, noting that in the last nine recessions since the late 1960s, gold has increased in value in all but one.

"On a year-to-date basis, central banks have bought an astonishing net 800t, 14% higher than the same period last year."

Central banks emerge as significant buyers of gold, suggesting that their purchases are motivated by security concerns and a long-term insurance position.

I like your TSH bcos it got cocoa business n cocoa price is now super high.