@Teh, I'm jst being factual. Statement stands true regardless of FA. Makes TA applicable. Sometimes is good to think about stop losses or averaging down.....anyway most counters bleeding! Hopefully cn see some greens after budget announcement...!
Dr. Jim Willie: When we get this next global currency reset, it's going to be a complete reset. It apparently will happen predominantly in the gold world. They are going to change the price of gold, and jam it down the U.S.'s throat. They are going to do this in Shanghai and with their global gold contracts, with the real big event that's going to create mass disruptions in the currency markets. And those disruptions will be from the Asians declaring what the gold price is, and with the Asians delivering and supplying physical metals at that gold price.
Rob Kirby-Physical Gold and Silver Contracts Default in 2014
When does the paper manipulation and price takedown in the gold and silver markets end? Rob Kirby of KirbyAnalytics.com says, “I still think we see major dislocations before the end of the year. I believe people who have contracted for physical metal are going to be denied their deliveries before the end of the year. I think this will go very public, and it’s going to lay bare the abject fraud that has been occurring with the smash down in the paper price (of gold and silver.) The disconnect between the paper price and the lack of physical metal is going to manifest itself in a big way before the end of the year.” Kirby goes on to say that when gold and silver bullion contracts go unfilled with physical metal, the jilted buyers will go public in a big way, and Kirby predicts, “That’s how it ends, and I think it comes this year. . . . I do think the fuse is that short now.”
I personally is expecting a correction for the global economy soon, may be next year.. anyhow, just want to live my day of investment as fulfilled as possible.
@elle, i totally get you. yes, will see how's things after the budget.
previously holding this counter at 1.22 but then sold off even earn little only at 1.28. reason being is i agree on one person saying that no doubt insas is a good company with holding major share in good counter like inari, hohup and so, however on investor side they perfer to invest directly in Inari rather than insas which similar to scomi where scomies bag many contracts but scomi still not performing, moreover big gun like tan sri quek leng chan also invest direct to scomies instead of scomi that give us some hint as well. why he want to pay more instead of buying scomi at cheaper price? just my personal opinion
Very unlikely it will go below RM1. I still have faith on this counter it will shot up anytime. But of cos trade on your own risk. You may sell it if u cant wait.
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gweilo
1,086 posts
Posted by gweilo > 2014-10-02 17:53 | Report Abuse
Oh and his HLFG is DOWN ANOTHER 30 SEN !!!! ah ha ha ha ha ha ha ha ha ha ha ha ha ha