Swing, swing 😅


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Pocket besar, buy la some more kehkehkeh


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Ehh getting cheaper, buy some more la 😂

This post has been edited by pustapazik: Jul 17 2015, 10:34 PM


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Their interest rate will only increase when the inflation rate is at 2%. Just my 2¢ 😎

Nice sharing, thnx bro

They do really know how to use their mouth well. 😂

Monthly support broken 😀


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Investing.com - Gold prices dipped sharply in Asia on Monday as investors noted Greece is set to re-open banks later in the day under restrictions, a move that has further eased political risk views along with a pact reached by six major powers last week to ease economic sanctions on Iran.

Gold futures for August delivery plunged 2.12% on the Comex division of the New York Mercantile Exchange to $1,107.90 a troy ounce. Also on the Comex, silver futures for September delivery dropped 1.39% to $14.268 a troy ounce.

Elsewhere in metals trading, copper for September delivery shed 0.71% to $2.476 a pound.

Greek banks are ready to open their branches across the country on Monday after a three-week shutdown, officials said at the weekend, while German Chancellor Angela Merkel called for swift aid talks so Athens could also lift withdrawal limits.

The cautious reopening of the banks, and an increase in value added tax on restaurant food and public transport from Monday, are aimed at restoring trust inside and outside Greece after an aid-for-reforms deal last week averted bankruptcy.

Greek Prime Minister Alexis Tsipras is trying to turn a corner after he reluctantly agreed to negotiate a third bailout, allowing the European Central Bank to top up bank credit lines but prompting a rebellion in his leftist Syriza party.

"Capital controls and restrictions on withdrawals will remain in place but we are entering a new stage which we all hope will be one of normality," the head of Greece's banking association Louka Katseli told Skai television.

Markets in Japan are shut on Monday.

Last week, gold plunged to a five-year low on Friday, as upbeat U.S. inflation and housing data boosted expectations for an interest rate hike later this year.

Data on Friday showed that U.S. consumer prices rose 0.3% in June, the fifth consecutive monthly increase, while core prices, which exclude food and energy, increased 0.2% last month, adding to signs of firming inflation.

A separate report showed that U.S. housing starts surged 9.8% to 1.174 million units in June. Analysts had expected housing starts to increase by 6.2% last month.

Meanwhile, U.S. building permits jumped 7.4% to 1.343 million units in June, the most since July 2007, pointing to a rapidly strengthening housing market.

Federal Reserve Chair Janet Yellen said earlier in the week that the central bank was on track to raise interest rates by the end of the year if the economy continues to grow as expected.

Expectations of higher borrowing rates going forward is considered bearish for gold, as the precious metal struggles to compete with yield-bearing assets when rates are on the rise.

Euro zone ministers agreed on Thursday to give Greece a €7 billion bridging loan from a European Union-wide fund to keep its finances afloat until a bailout is approved.

The news came after the ECB increased its emergency lending to Greek banks by €900 million and added that it is operating under the assumption that Greece will remain in the euro zone.

In the week ahead, market players will focus on Chinese manufacturing, U.S. data on home sales and jobless claims for further indications on the strength of the economy and the timing of an interest rate hike.

The recently nazi's gold coin treasure hunter factor in also ka 😂

Maybe?


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U.S. QE certainly a whole diff game compare with other countries.

Capitalism is like poker game, U play the player, not the card 😎

Too bad for them. Price move 1st, news come later 😁

US collapse? Anymore bad news? 😂😂😂

This post has been edited by pustapazik: Jul 21 2015, 02:37 PM


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Let em be bro 😊 it take almost 30years for the gold to fly back after the last slammed. Technical my ass 😂😂😂


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Read the whole thread & take a look in the mirror. U can click on my id & judge urself whether I invested or not.

I'm licenced by SC for MYR denomination inv products (onshore) & LFA for non-MYR’s (offshore). No license for FX as none was given by BNM.

I'm not that dumbfak as U may hv thought. Sori if it may disappointed u 😊

This post has been edited by pustapazik: Jul 21 2015, 08:12 PM

As I respect U n other forumers, I shall end it then.

Selamat Hari Raya. Maaf Zahir Batin guys. 😊

http://www.forbes.com/sites/jessecolombo/2...own-just-begin/

Nice chart. Bigger picture. Clear direction. 👍😘.

The broken of triple bottom last Oct, finally show the result, for swingers, hit 1000 lvl will hv some rebound I guess

Always look for bigger tf for long term inv, smaller for trading. Depend on ur objective.

Investing.com - Gold prices fell hard in Asia on Friday as investors see a slowdown in China manufacturing as ensuring continued easy policy by one of the world's top yellow metal buyers and as continued to assess the scope for a Federal Reserve rate hike in September and geopolitical tension appears eased for now.

The Markit/Caixin survey of China manufacturing showed a decline to 48.2 a 15-month-low, and well below the expected 49.7 and off from June's final of 49.4. Final data is due in August.

The flash reading suggests manufacturing conditions may be deteriorating and will raise questions about the resilience of the economic recovery despite Beijing's confidence for a better second half.

On the Comex division of the New York Mercantile Exchange, gold for August delivery fell 1.43% at $1,0878.40 a troy ounce.

Silver for September delivery dropped 1.31% to $14.508 a troy ounce.

Copper for September delivery eased 0.39% to $2.367 a pound.

Otherwise, China markets were relatively calm following a report in the UK press that $800 billion has fled the country as a systemic crisis brews.

London's Daily Telegraph cited research reports showing a "frighteningly large" $800 billion has flowed out of China over the past year, as the forces which saw Chinese reserves top out at nearly $4 trillion unwind at a rapid and dangerous pace.

Overnight, gold futures inched up on Thursday amid a weaker dollar, halting a 10-day losing streak – its longest in nearly two decades.

A session earlier, gold futures plunged more than 1% to close under $1,100 for the first time in more than five years. Previously, the precious metal closed lower in every session dating back to July 9. The extended skid tied a 10-day losing streak in 1996 for the longest slide during the period.

Over the last three weeks, gold has been besieged by downward pressure on several fronts. Historically, gold futures are viewed as a safe haven for investors in periods of severe economic instability. Global economic uncertainties, however, have eased following the resolution of Greek Debt and Iranian Nuclear accords, pushing some investors out of gold.

On Wednesday evening, the Greek Parliament ratified two critical measures required by Greece's euro zone creditors to reopen bailout talks. More than a week after Parliament passed an initial package of four measures needed to trigger new discussions, the legislative body approved the latest measures by a 230-63 vote in a late-night session. Five MPs abstained and two others were absent. The action enables Greece and its international creditors to revive negotiations on a three-year €86 bailout.

In the U.S., the Department of Labor said in a weekly report that the number of individuals filing for initial jobless claims for the week ending July 18 fell by 26,000 to a seasonally adjusted 255,000. With the unexpected decline, initial filings fell to its lowest level in more than 40 years. Analysts expected the figure to drop by 1,000 to 280,000.


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Wait for another dumping by China, last mth 33tonnes