Gold Is Only Going to Get Worse

The problem for gold isn’t just that prices are dropping. For many, the metal also has lost its charisma.

Sentiment means a lot in the bullion market, where only about 60 percent of what gets mined or recycled each year is used in jewelry and industrial applications. The rest is sold as coins or bars, so when demand from investors dries up, there can be painful consequences for the bulls who remain.

Prices will drop to $984 an ounce before January, according to the average estimate in a Bloomberg News survey of 16 analysts and traders. That would be the lowest since 2009 and a 10 percent retreat from Tuesday’s settlement. Speculators are shorting the metal for the first time since U.S. government data began in 2006, and holders of exchange-traded products are selling at the fastest pace in two years.

URL: http://www.bloomberg.com/news/articles/201...ls-lower-prices

Just calculated. My overall IRR only 4.53%. damn lousy

all because of ponzi 2

From paid subscription of investment advisory, hedge funds have collectively gone bearish on gold for first time on record. That is a contrarian indicator. So don't count gold out yet.

better than FD ok la...if you're starting out at these times

Fed keeps rate low ... dun moan moan

Just dump all my available cash to RHB Islamic Bond Fund. Hopefully didn't make wrong decision

what's ur current holdings now?

Bad decision....to liquidate a bond fund takes T+14 days to reach your bank account. If you need money immediately, it will be a problem!

Xuzen

p/s: Read the RHB Islamic Bond Fund Fact Sheet carefully esp the small print.... "any fund invested in less than a year, should you withdraw there is a penalty of 1% charge!"

US, Euro, and APAC markets in the green... xD


PS: *mostly

This post has been edited by IvanWong1989: Jul 30 2015, 10:46 AM

thanks for the highlght

damn it. how come got exit fee one? never heard of such thing. i checked other bond fund also don't have.

btw, redemption is T + 4 , not 14

This post has been edited by brotan: Jul 30 2015, 01:36 PM

Some....

Not all. I saw that before. Selling before maturity incurs selling fees.

well new lesson for me to check fund sheet before commit anythiing

Read the fine print again from the fund fact sheet... it states 10 days from receive of redemption request, give another 3 to 4 days to clear the cheque, is T+14. Esp you don't buy direct from RHB but from a Nominee account such as FSM.

RHB will issue the cheque to FSM, tunggu clear baru FSM issue cheque to you. I stand by my T+14

Xuzen

ok. noted

Made my first cent of investment was back in 15 August 2014.

IRR as of now... 7.65%. ROI: 5.49%



been through the corrections in december and was nearly -10% at some point with KGF...

ATR: RHB Asian Total Return Fund

EI AP: EI AP ex-Japan Target Return Fund

This post has been edited by adele123: Jul 30 2015, 03:06 PM

my CIMB Asia Pacific Dynamic Equity keep falling down 13%
my Eastspring Investment also falls down 5%

You're not alone..

But again, UT is not for short term, so yea. I am able to stomach some losses up to certain extent..

nice !!!!

High-Five.. I plan to hold for at least 1 2 years up to 3 4 years.

Suddenly SSE Comp and HSI closed in red.

Yeah....

hmm... and euro seems to be enticing.