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10 comment(s). Last comment by IDQWE001 2023-09-09 08:08

calvintaneng

53,399 posts

calvintaneng

53,399 posts

Posted by calvintaneng > 2023-07-13 09:43 | Report Abuse

Please look very very very Carefully at the SYNCRONIZED MONEY PRINTING OF SO MANY NATIONS IN THEIR SPIRALLING DEBTS

PROPHETS OF DOOM TELL US WORLD GOING INTO ANOTHER "GREAT DEPRESSION" SO MUST HOLD TO CASH

NO! NO! NO!

IN A WORLD OF MONEY PRINTING WE "CANNOT HOLD CASH" AS CASH WILL BE ERODED BY MASSIVE INCREASE OF FIAT, FAKE PRINTED MONEY OUT OF THIN AIR WITHOUT BACKING BY ASSETS OF REAL VALUE

Let Calvin illustrate by a clear example

Years ago we put RM25,000 in Bank 5 Year FD locked in at 4.25% interest a year

After 5 long years we got 21.25% in total interest

But 5 years back a 50kg cement was Rm13 per bag

After 5 years?

Cement went up to Rm19

Up Rm6.00 or up by 46%

So Bank FD interest of 21.25% cannot match cement price inflation of 46%

And with Relentless money printing things will go up much much higher in future

THAT IS WHY WE CANNOT HOLD CASH

AND BUY THESE

1) GOLD/SILVER AS INSURANCE AGAINST MONEY VALUE COLLAPSE

2) LOW PRICED LANDED HOUSES ANYWHERE WHICH CAN GIVE RENTAL YIELD (ESP THOSE IN JOHOR NEAREST SINGAPORE)

3) PALM OIL SHARES WHICH GIVE DIVIDENDS

4) OTHER HARD ASSETS

Please buy/sell after doing your own due diligence

stockraider

31,556 posts

Posted by stockraider > 2023-07-14 10:53 | Report Abuse

True loh!
Must prudently position your investment mah!

calvintaneng

53,399 posts

Posted by calvintaneng > 2023-07-22 19:30 | Report Abuse

Us total debt on 22 July 2023 is currently Usd32.6 Trillions


See how high it will go up in weeks, months and years

The more money printed by fiat power the more currencies will lose their value

Ultimately inflation must rise as fake money chases fewer and fewer real assets

foongsh

1,378 posts

Posted by foongsh > 2023-07-22 21:22 | Report Abuse

CHINA DEBT CRISIS as Belt & Road Initiative Loans DEFAULT and China Faces ECONOMIC COLLAPSE

https://youtu.be/V7En1hELQPc

calvintaneng

53,399 posts

Posted by calvintaneng > 2023-09-08 21:00 | Report Abuse

USD debt now Usd32.9 trillions or up by usd300 billion in just two months

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-09-09 08:03 | Report Abuse

Chinese Elderly Can’t Bear It Anymore: Starting to Rebel, 80 Million Stop Paying Pension

https://youtu.be/WEmsYkoEb3U?si=XKbc0-nRt7dGdgKP

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-09-09 08:06 | Report Abuse

Can China Fix Its Trillion-Dollar Local Debt Crisis?

https://youtu.be/Uf0Hl6cmgms?si=lXfOC2hqqwdiyk70

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-09-09 08:08 | Report Abuse

Chinese yuan falls to 16-year low as trade slowed in August

https://youtu.be/LrRs7ik129w?si=yb5UYfBenM9IVAeM

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