Gold .....

Historical chart ....



Weekly chart (do not recommend the daily chart ... too much fluctuations...



and obviously it doesn't move up in a straight line...

The reasons to buy or go for the gold rush has been there for a WHILE already la...

Going for gold now just because of the 2000 mark ... err .... (best I not describe it la )

Anyway take this article posted almost a year ago... yup .... one year ago .... 20th July 2019

https://www.thestar.com.my/business/busines...o-yields-spread
Yes... it was around USD1450++ in July 2019.

Obviously ... jewelry sector will have its benefits but is seriously over rated and should not be used as the proxy to gain from the gold rush... past gold rush in 2009 proved that. The jewelry sector did benefit but it's not seriously gonna rival or match the glove sector profit explosion. Get real lor....

the sector was goreng recently until mummys and daddys cannot even recognise and it collapsed back.... it will be so risky to expect the sector to go boom boom pow again la.....  unless of course you can convince the bursa goreng kaki to start simply frying once more...

yes, there is the gold etf and it has done relatively well the past one year.  Buyers of the ETF would be happy...



but the etf will have its risk....

and the main one ... it's illiquid .... the buy/sell spread can be really huge at times ....which poses a massive challenge if one wants to sell instantly.

So best is know and understand what you are betting on....

This ETF is damn illiquid, the queue gap is about 5 bids when i see it. That's why people rather goreng Poh Kong/Tomei rather than this.

Bursa should do something about those ETF liquidity issue.

Exactly! But recently the spreads improved ..... 
Well, one could consider those pure gold miner stocks listed in cowboi land......

When the price of ETF went up, illiquid. When it drop, all of sudden liquid pulak.

Kena trap b4 issit?
Never buy any etf b4 .... 

The biggest worry is .... where is the big kaki?
If the glove makers prospects are so good...
we should see sign of them mopping up the shares (leaving their footprints in the volume) .....
but so far ...... price action has been poor ..... does this indicate that the big boys weren't interested?

today... sellers have been more aggressive ....

punters got mauled today.

the msci thingy did not help... it gave false hope to early punters ....   

and the intraday bounce, which usually happened, disappeared.....

volume increased and the sellers were aggressive throughout the day ......
better let the market show where it wants the stock to consolidate .... and let's not jump the gun

the msci thingy did not help... it gave false hope to early punters ....   

and the intraday bounce, which usually happened, disappeared.....

volume increased and the sellers were aggressive throughout the day ......
better let the market show where it wants the stock to consolidate .... and let's not jump the gun

Contra trade ban rumour sends rubber glove shares lower
https://www.theedgemarkets.com/article/cont...ve-shares-lower

Natural gas already recovered to pre-covid price..is there any chance for energy related stock to rise up to pre covid price?

i was actually a little surprised.

then, as it always is, there was a trigger. we already know which broker it is.

well ... I am not too sure. Is there really so many contra players out there playing stocks like TG and SM?

And could one broker caused so much havoc?

Not sure myself....

for whatever the reason ... I do hope market recover...

a livelier up market certainly wouldn't do the people no harm! 

this kind of thing, 1 or more to come, rumor or fact.. is contagious.

next week will confirm what is really going on!

May i know where to look for the indices for different sector? is it possible to view it on klse screener chart or tradivg view chart ? what should i type to look for the indices ?

this kind of thing, 1 or more to come, rumor or fact.. is contagious.

next week will confirm what is really going on!

When is TG QR report release?

I really believe that the market really needs the big big numbers from TG.

Mid of sept

When is TG QR report release?

I really believe that the market really needs the big big numbers from TG.