kyy, thanks alot. 😁

💲🤑💰

💰

🤑

NICE got gold in the ground ?

🤑

💰

💲

🤑

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 ? 😄😄😄

😍😍😍

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.

😴

Still dirt chip lah !

😴

Printing moni ... now almost obsolete ? Now mainly paperless moni ?
Now is keyboard entry moni into the computer system ?

😴 still sleeping in super deep coma !

According to the World Gold Council’s 2023 survey, 24% of central banks intend to increase their gold reserves in the next 12 months. This reflects a favorable view of gold as an important component of central bank reserves due to its safety, liquidity, and return characteristics1. Additionally, central banks globally have been accumulating gold reserves at a pace not seen since 1967, indicating a renewed interest in this precious metal.

As of March 2024, China’s gold reserves stand at approximately 2,257 metric tons1. While this makes China one of the largest holders of gold among central banks, its 4% allocation of gold relative to its total reserves is still below the threshold maintained by central banks in developed countries2.

For context, let’s explore the gold reserves of a few other nations:

United States: The U.S. holds the largest gold reserves globally, with 8,133 metric tons. This constitutes approximately 76% of its foreign reserves3.
Germany: Germany has the second-largest gold reserves, totaling 3,362 metric tons. Gold accounts for about 73% of its foreign reserves.
Italy: Italy holds 2,451 metric tons of gold, representing around 71% of its foreign reserves.
India: India’s gold reserves amount to 846 metric tons, making up approximately 7% of its foreign reserves.
Netherlands: The Netherlands holds 801 metric tons of gold, constituting about 62% of its foreign reserves.
In summary, while China’s gold reserves are substantial, it remains prudent to consider the allocation strategies of other nations when assessing its position in the global gold market.

Bull run oredi got started about 10 months ago lah, U still no got see meh ?

Got casinos in the Middle East ?

Be gridi when others are fearful ?

How to go to US to boycott them ?
Please no boycott our own Malaysian companies to destroy our national economy. Thanks.

Just buy some.

I also takut lah.

🤑🤑🤑

The trend is UP ! 😋😋😋

Just buy some gold as insurance against political uncertainties, please. Thanks. 😁😁😁

Be gridi when others are fearful ! 😊😊😊

Mat Salleh cabut, why ?

Please ignore all unknown calls however sweet they may be. Thanks. 😥😥😥

The only suitable action is to protect our wealth in financial assets with a meaningful allocation to gold.

We have a global financial system that is pretty much broken beyond repair. It's staggering along right now but it's only a matter of time before something crashes, somewhere.

As various Western economies – including the USA, UK, Eurozone and Japan – have been printing more money to cope with one financial crisis after another, there has been a growing concern among investors that fiat currencies are literally not worth the paper they're printed on. This has pushed more and more individuals and institutions towards gold, silver and other money metals.

Many gold investors are expecting exponential increases in value in the medium to long-term as individuals, institutions and countries look for assets that give them security in an insecure world.

This is the most popular quarter for gold since Q4 2020.

If  Google searches are to be believed, we’re in a new gold rush – and it’s a global one. According to investment platform Hargreaves Lansdown, There were 271,500 Google searches for ‘gold’ in the first three months of the year.

The People’s Bank of China has been on a buying spree for 17 straight months, its longest-ever run of purchases, as it looks to diversify its reserves away from the dollar and hedge against currency depreciation.

China’s gold jewellery demand rose 10 per cent while India’s fell 6 per cent. Chinese bar and coin investments, meanwhile, surged 28 per cent.

The premium paid by Chinese importers jumped to US$89 an ounce at the start of April, compared with US$35 over the past year and the historical average of US$7.

The surge in price hasn’t deterred the demand in Vietnam, driving local premium over the international rate to as much as 15 million dong ($590) per tael earlier this year.

🤑🤑🤑

Poh Kong is now on a SOLID UPTREND ! Just buy some and ride on the solid uptrend$$$ ! 🤑😋

Investors should make gold a core component of their portfolio because gold has historically offered improved risk-adjusted returns.

Western investors are still on the sidelines. When these investors come back, that’s when the gold rally is going to accelerate.

Gold historically does well during inflationary periods.