US debt ceiling and bank crisis, and over printing money world wide will cause gold price to be higher and higher. Moreover, recent drops in RM more than 2%, Poh Kong @ 90cent is really very worth to buy.
Poh Kong share price at RM0.865 was at bottom as US debt ceiling crisis resolved. Gold price recovers from USD 1932 to USD1966, almost 2% gain. But depreciation of RM is still 3% and dollar index at 104.22 a gain of around 3%. In other words the gold price in RM is same as gold price in 2-3 weeks ago when the gold price was above USD2000. Therefore, the Poh Kong share price which is calculated in RM is at discounted price at least 10% as 2 to 3 weeks ago.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Otapahbinabu
135 posts
Posted by Otapahbinabu > 2023-03-23 08:20 | Report Abuse
Gold price up..