You say it well, bro.

You think price of cars will collapse?

I already got my Toyota Prado for East Msia roads.
But i am thinking Lexus in Aus. Maybe park it in my daughter's apartment. She has 2 parking spaces.

Lota grams there.

O My............

Gold ATH is now $4331.60

Make that ATH at $3,480 now

I am
I think we should see gold correct to maybe $4,000 to $4,100. It's healthy.

Liberties

https://www.kitco.com/news/article/2025-10-...l-momentum-last

Overnight, gold hit a new intraday record high, pushing to within striking distance of $4,400 an ounce. However, technical selling and profit-taking have picked up during the North American trading session, pushing gold prices nearly $165 below their highs.

Spot gold last traded at $4,252.20 an ounce, down 1.69% on the day. Still, prices are up nearly 6% for the week. Despite the selling pressure, gold’s gains over the last nine weeks have outperformed the comparable rally of five years ago. In this short-term run, gold prices have climbed more than 25%, compared to the 19% rally between June and August 2020.

https://www.kitco.com/opinion/2025-10-20/go...icy-uncertainty

Gold surges to record highs amid banking fraud allegations and policy uncertainty

Gold futures established a new record high on Monday, recovering dramatically from Friday's sharp decline of more than $75—the largest single-day loss since April 4, 2025. The precious metal's volatile trading pattern reflects growing investor anxiety over multiple concurrent risks facing the U.S. economy.

Earlier in Monday's session, gold futures surpassed the all-time single-day gain recorded the previous Thursday. While prices retreated modestly from that intraday peak, the metal still traded approximately $100 higher by day's end, underscoring robust demand for safe-haven assets.

The Thursday rally coincided with emerging reports of significant banking sector vulnerabilities. Two regional financial institutions—California Bank & Trust and Western Alliance—disclosed their involvement in what appears to be a substantial loan fraud case, raising fresh concerns about credit quality and risk management practices within the regional banking sector.

According to court filings, California Bank & Trust extended two revolving credit facilities to investment funds in 2016 and 2017, totaling more than $60 million. These facilities were designed to finance the purchase of distressed commercial mortgage loans, with contractual terms granting the bank first-priority perfected security interest in all collateral, including each mortgage loan acquired by the borrowers' investment funds.

However, subsequent investigation revealed serious irregularities. The lender discovered that numerous promissory notes and underlying properties had been transferred to other entities without proper authorization. Many of these properties had already entered foreclosure proceedings or were on the verge of doing so at the time of the lawsuit's filing.

Western Alliance encountered similar problems with its loan portfolio. The institution found that collateral purportedly backed by first-priority liens did not actually hold that senior position. The lawsuit alleges that borrowers fabricated title insurance policies by deliberately omitting disclosure of senior liens that would have subordinated the bank's security interest.

The fraud extended beyond misrepresented collateral. According to legal documents, the borrower systematically drained funds from accounts designated as additional collateral. By August 18, the borrower maintained just over $1,000 in their Western Alliance account—a stark contrast to the contractually required monthly average balance of $2 million.

These revelations have intensified trader concerns regarding the stability of the U.S. financial system, particularly given the sector's still-fresh memories of the 2023 regional banking crisis. The resulting flight to quality has significantly boosted demand for gold as a traditional safe-haven asset.

The banking sector troubles represent only one component of a broader risk environment driving gold's ascent. The federal government shutdown has now failed to secure passage through ten consecutive reopening votes, creating uncertainty around essential government functions and debt ceiling implications. Simultaneously, escalating trade tensions between the United States and China continue to weigh on economic growth prospects and corporate earnings expectations.

This confluence of financial sector vulnerability, political dysfunction, and geopolitical friction has created an exceptionally supportive environment for gold prices. The metal has been setting new records at an unprecedented frequency, with analysts suggesting that as long as these fundamental concerns persist, prices could reach $4,500 per troy ounce in the near term. Market participants will be closely monitoring developments in all three risk categories for signals of either resolution or further deterioration.

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Gary Wagner

Gold is now $4,050 with low at $4,003

Roller Coaster!

$3,973 is a critical support.

Anyone follow this fellow? He says he is not expert in gold and yet he talks about it to his sheep as if he was an expert. LOL
One aspect of gold that many people missed is IT IS REAL MONEY.
If you had bought gold 20 years ago at $860 in 2005, the CAGR of gold in SGD would have been approx 11%! MUCH MUCH Better than FD!
Master Leong is NO MASTER IN GOLD. Please shut up. LOL

I follow some of his stock picks for the HK/China market. Did not expect him to talk about gold.
I always hantam him on some of his commentaries.
Now he has disabled comments Shows he cannot take negative or challenges to his commentaries.

His HK/China stocks are decently presented. BUT he should say anything about gold when he is no expert!
Just to create a useless vid to appease his sheep..

1p

BNM is poorfaq. Most developed nations bot so much gold last 2 years.
But we are not developed nation.

Good point bro.
My guess is a new currency backed by gold standard so that no country can behave like USA did in the last 50 years.

I have no value to gold.
An oz is still an oz.
200 Ozs is still 200 Ozs.
The Fiats are valuing gold, not me.

DON'T TRADE GOLD!