Commodities
People make mistakes and some of them could be very costly. Some knew of the consequences but still the sex pleasures overrule everything. Many don’t really care because it was the public money. Some tried to cover their mistake but it got worsen and the hole got bigger. And of course some thought things can’t […]
... written on Apr 29 2011Commodity prices had performed superbly 2010 and experts believe the bullish momentum would continue this year, 2011. Oil prices rose 15% and gold gained 30% in 2010. According to survey, investment strategists from Goldman Sachs, Jefferies & Co., Wells Fargo and other investment houses are predicting two main commodities namely oil and gold to rise […]
... written on Jan 06 2011When I wrote about investing in gold back in May 2008, the metal was trading at about $920 – $930 (read here) and since then the gold price has skyrocket to above $1,400 – an increase of more than 50%. Assuming that I didn’t add more investment in gold, my primitive jewellery investment has suddenly […]
... written on Nov 17 2010Robert Kiyosaki is the name synonym with personal-finance and has attracted millions of followers. His flagship product was definitely “Rich Dad, Poor Dad” book that has taken the world by storm. His other books titled “Rich Dad’s CASHFLOW Quadrant” and “Rich Dad’s Guide to Investing” was equally good and hits the top 10 best-sellers. The […]
... written on Jun 09 2008Don’t you hate Monday? It’s not end of the month so there’s no reason to celebrate. If you didn’t manage to squeeze some drops into your tank last week, chances are you already felt the pain of pouring extra 40 percent for the fuel by now. But seriously do you think this time around people […]
... written on Jun 08 2008Windfall Tax is not something new but neither was it started from the Jurassic Age. It so happened that certain industry suddenly experienced extraordinary profits and the mouth-watering government came with an ingenious idea to levy such companies under the name of windfall tax. The classic example was Exxon Mobil which reported unusual profits of […]
... written on Jun 07 2008Why did Abdullah Badawi press the “Self Destruct” button by raising the fuel price by a whopping 40.62 percent or 78 sen per liter? Not satisfied that the self-destruct button might work, he put in the second-layer security with another explosive – raising electricity rates by 18% for homes and 26% for business users. You […]
... written on Jun 04 2008Breaking News: In-line with the government previous practices in announcing fuel-price hike last minute, it appears Abdullah Badawi government has did it again. Effective midnight tonight, 4th June 2008, the price of petrol would be increased by a whopping 78 sen and diesel by RM1.00. This means you’ve to pay 40.62% more for petrol from […]
... written on Jun 04 2008Ask yourself if you’ve voted the opposition namely DAP, PKR or PAS during the 12th general election three months ago and if the answer is “yes” then give a round of applause to yourself. I was pretty sure there were hidden hands at work in manipulating the price of rice ever since the Padiberas Nasional […]
... written on May 26 2008Another day another 200 points plunge as jaw-dropping investors watched the oil prices hit the roof of $135 ($135.04 in after-hours electronic trading) a barrel for the first time Wednesday thanks largely to the report from the Energy Department’s Energy Information Administration which said crude inventories fell by more than 5 million barrels last week. […]
... written on May 22 2008
