that is true, no much news.

how much debt, how much reserves, how tight with SG gomen..?

so we don't know.

i only know 90% of the country's citizens work for the gomen.

the rest of the country's workforce are foreigners.

Hi wil,

Silly question here. When yields rise, does that mean bonds are being dumped?

If bonds are being dumped, why do we hear that money is flowing bacvk into USD? What USD asset classes if not predominantly bonds?   

The idea is : it is safest to hold your foreign currencies in overseas banks,... merely holding foreign currencies is NOT ENOUGH.

Any thoughts on investment on paper gold to hedge against ever weakening Ringgit? 

why don;t they tie the currency 1 USD to 3.80 which was a successfully done previously
and also last time remove big currency notes circulation, recently India PM has call off the 500 and 1000 rupee notes

isn't that BNM claim has enough reserve to intervene this

Everything go up will come down. USD will come down in the future. And will fluctuate like usual. Just need Trump to make some crazy comment that hurt USA.

Then suddenly 180 degree.

And Trump is very good at making crazy comment 

I'm waiting too,... this time, should the RM strengthen,... I think many will convert 'out' already,... but somehow, I have a feeling hidden hands are making the RM weak in order to shut us in,...see how long they can do this !

step by step, something may actually be brewing:
i actually think they may be forced to raise if fed raise on dec 14.

notice how some banks now offering FD rates from nominal 3.9% to as high s 4.2% since last week?

10 yr mgs touched 4.35% on 2 days ago.

"caught between the devil and the deep blue sea", "lesser of two evils".

Just back after feeding the kangaroo's. 

While there, few days ago someone said went up to 4.6/4.8 ! Then BNM making controls in place.    The next day it turns out to be false.

Saw spikes to 4.5 region. 

Oh shxx ! 

I have found the answer to my question above. An excerpt from a press report this morning :-

'More worryingly, the ringgit has continued to decline against regional currencies, which could mean that the bearish sentiment towards the currency may not be limited to speculative trading in the offshore US dollar-ringgit market.'

So,.. it looks like traders doing the cross-currencies are also selling down against the Ringgit. Everybody is selling the Ringgit !!! 

From the above, it looks like the 6.2% return per year from ASX FP can't cover the price rise of basic foodstuff,... don't talk abt Aussie beef,...

Bank Negara international reserves higher at US$98.3b as of Nov 15

      Haha,... this does notmake sense then,... BNM confirmed officially that they intervened ti defend the Ringgit. Not the reserves became higher !!!!  :thumbsup:  :thumbsup:  :thumbsup:

Gents,... this is exactly one reason why I moved my investments out of the Bursa 13 years ago. The information and the events never synchronised. Something said, and something else happened, and something else reported !!!!!     

I find that the information in the SGX and other mkts are more synchronised, and more predictable,... that's why I go there !!!!!

Mind sharing the ways to do that??

Yes, better than prices stagnant or going down.

If u buy local stuff, price will stay