Master Dealers Terms and Conditions
Master Dealer
A. Qualification
1. Accumulate total sales of RM500,000.00 (including own purchase, first purchase by Priority Dealer, and new Dealer) on purchase any of Public Fine Gold International Sdn Bhd’s products which consist of gold bar, gold coin, gold dinar, jewelleries, silver bar and etc according to current prices.2. Priority Dealer required to recruit at least 3 Priority Dealers.3. Sales accumulation period will be calculated twice a year (6 months) which from: 1st January to 30th June 1st July to 31st December4. Priority Dealer will be interviewed by Public Fine Gold International Sdn Bhd’sBoard of Director before qualified to promote as an authorized Master Dealer.5. Priority Dealer has to request in order to become Master Dealer and is subject to approval
B. Requalification Evaluation
1. Evaluation of Personal Sales will be conducted twice a year which from: 1st January to 30th June 1st July to 31st December2. Master Dealer will be degrading in case of without sales within six consecutive months.
C. Web Promo Assessment
1. Group Sales need to achieve RM500,000.00 within the Evaluation Period of 6 months period.2. Evaluation of Group Sales will be conducted twice a year which from: 1st January to 30th June 1st July to 31st December3. Master Dealer needs to maintain the sales target on next Evaluation Date to continuously publish their name in Public Gold website. Names will be taken out from Public Gold website if Master Dealer has failed to maintain the target of total group sales.
D. Commission
1. Commission Division
Direct Commission (from Customer)
Sales – 2% from total sales amount
Indirect Commission (from Dealer)
Sales – 1.0% from total sales amount
Indirect Commission (from Priority Dealer)
Sales – 0.5% from total sales amount
Buy Back: Direct 0.5% from total personal buy back
2. Commission will be paid by Public Fine Gold International Sdn Bhd to Master Dealers on 20th each month into their bank account. Unless 20th fall on Saturday or Sunday, therefore commission will be bank in on Monday (21st or 22nd). Master Dealers will receive the payment within 3 working days after commission has been bank in.3. Master Dealers will receive Monthly Commission Statement within 15 working days after the commission has been bank in.4. All order payments and active bank account number (either Public Bank Berhad or Maybank Berhad) must provided by dealers to Account Department on or before 5th each month, else the commission of the month will be postponed to next month.
E. Miscellaneous
1. Master Dealer is entitled to sell all of Public Fine Gold International Sdn Bhd’sgold products including:
Gold Bar (Au999.9) – 20g, 50g, and 100g
Gold Coin (Au999.9) – 50g
Gold Dinar (Au916) – 1 Dinar, 5 Dinar, and 10 Dinar
Jewellery (Au916)
Silver Bar (Ag999) – 250g, 500g, 1kg
2. Appointment letter will be given to a qualified Master Dealer to prove that he orshe is Public Fine Gold International Sdn Bhd’s authorized Master Dealer.3. Master Dealer is entitled to recruit Priority Dealer and Dealer.4. They are not allowed to sell Public Fine Gold International Sdn Bhd’s products if he or she is no longer Public Fine Gold International Sdn Bhd’s authorized Master Dealer.5. Master Dealer is reminded to always keep the positive image of Public Fine Gold International Sdn Bhd. Public Fine Gold International Sdn Bhd has the right to strip the appointment of Master Dealer, or to claim compensation in terms of law if Master Dealers done any activities or spread any rumors that will influence the company’s reputation.6. Public Fine Gold International Sdn Bhd has the right to modify these DealersTerms and Conditions from time to time according to requirements without prior notice to the dealer.
Priority Dealer Term and Condition
A. Qualification
1. One time purchase of RM100,000.00 on purchase any of Public Fine Gold International Sdn Bhd’s products which consist of gold bar, gold coin, gold dinar, jewelleries, silver bar, and etc according to current prices.2. Accumulate total sales of RM100,000.00 on purchase any of Public Fine Gold International Sdn Bhd’s products which consist of gold bar, gold coin, gold dinar, jewelleries, silver bar and etc according to current prices.3. Dealer required recruiting at least 3 Dealers.4. There was 1 year accumulation period of total sales of RM100,000.00 on purchase any of Public Fine Gold International Sdn Bhd.
B. Requalification Evaluation
1. Evaluation of Personal Sales will be conducted twice a year which from: 1st January to 30th June 1st July to 31st December2. Priority Dealer will be degrading in case of without sales within six consecutive months.
C. Web Promo Assessment
1. Personal Sales need to achieve RM100,000.00 within the Evaluation Period of 3 month period.2. Evaluation of Personal Sales will be conducted four times a year which from: 1st January to 31st March 1st April to 30th June 1st July to 30th September 1st October to 31st December3. Priority Dealer needs to maintain the sales target on next Evaluation Date to continuously publish their name in Public Gold website. Names will be taken out from Public Gold website if Priority Dealer has failed to maintain the target of total sales.
D. Commission
1. Commission Division
Direct Commission (from Customer)
Sales – 1.5% from total sales amount
Indirect Commission (from Dealer)
Sales – 0.5% from total sales amount
Buy Back – 0.5% from total buy back amount
2. Commission will be paid by Public Fine Gold International Sdn Bhd to Priority Dealers on 20th each month into their bank account. Unless 20th fall on Saturday or Sunday, therefore commission will be bank in on Monday (21st or 22nd). Priority Dealers will receive the payment within 3 working days after commission has been bank in.3. Priority Dealers will receive Monthly Commission Statement within 15 working days after the commission has been bank in.4. All order payments and active bank account number (either Public Bank Berhad or Maybank Berhad) must provided by dealers to Account Department on or before 5th each month, else the commission of the month will be postponed to next month.
E. Miscellaneous
1. Priority Dealer is entitled to sell all of Public Fine Gold International Sdn Bhd’sgold products including:
Gold Bar (Au999.9) – 20g, 50g, and 100g
Gold Coin (Au999.9) – 50g
Gold Dinar (Au916) – 1 Dinar, 5 Dinar, and 10 Dinar
Jewellery (Au916)
Silver Bar (Ag999) – 250g, 500g, and 1kg
2. Appointment letter will be given to a qualified Priority Dealer to prove that heor she is Public Fine Gold International Sdn Bhd’s authorized Priority Dealer.3. Priority Dealer is entitled to recruit Dealer.4. They are not allowed to sell Public Fine Gold International Sdn Bhd’s products if he or she is no longer Public Fine Gold International Sdn Bhd’s authorized Priority Dealer.5. Priority Dealer is reminded to always keep the positive image of Public Fine Gold International Sdn Bhd. Public Fine Gold International Sdn Bhd has the right to strip the appointment of Priority Dealer, or to claim compensation in terms of law if Priority Dealers done any activities or spread any rumors that will influence the company’s reputation.6. Public Fine Gold International Sdn Bhd has the right to modify these DealersTerms and Conditions from time to time according to requirements without prior notice to the dealer.
Dealer Term and Condition
A. Qualification
1. One time purchase of RM20,000.00 on purchase any of Public Fine Gold International Sdn Bhd’s products which consist of gold bar, gold coin, gold dinar, jewelleries, silver bar, and etc according to current prices.
B. Requalification Evaluation
1. Evaluation of Personal Sales will be conducted twice a year which from: 1st January to 30th June 1st July to 31st December2. Dealer will be degrading in case of without sales within six consecutive months.
C. Web Promo Assessment
1. Personal Sales need to achieve RM20,000.00 within the Evaluation Period of 3 months period.2. Evaluation of Personal Sales will be conducted four times a year which from: 1st January to 31st March 1st April to 30th June 1st July to 30th September 1st October to 31st December3. Dealer needs to maintain the sales target on next Evaluation Date to continuously publish their name in Public Gold website. Names will be taken out from Public Gold website if Dealer has failed to maintain the target of total sales.
D. Commission
1. Commission Division
Direct Commission (from Customer)
Sales – 1% from total sales amount
Buy Back: Direct 0.5% from total personal buy back
2. Commission will be paid by Public Fine Gold International Sdn Bhd to Dealers on20th each month into their bank account. Unless 20th fall on Saturday or Sunday, therefore commission will be bank in on Monday (21st or 22nd). Dealers will receive the payment within 3 working days after commission has been bank in.3. Dealers will receive Monthly Commission Statement within 15 working days after the commission has been bank in.4. All order payments and active bank account number (either Public Bank Berhad or Maybank Berhad) must provided by dealers to Account Department on or before 5th each month, else the commission of the month will be postponed to next month.
E. Miscellaneous
1. Dealer is entitled to sell all of Public Fine Gold International Sdn Bhd’s goldproducts including:
Gold Bar (Au999.9) – 20g, 50g, and 100g
Gold Coin (Au999.9) – 50g
Gold Dinar (Au916) – 1 Dinar, 5 Dinar, and 10 Dinar
Jewellery (Au916)
Silver Bar (Ag999) – 250g, 500g, and 1kg
2. Appointment Letter will be given to a qualified Dealer to prove that he or she isPublic Fine Gold International Sdn Bhd’s authorized Dealer.3. They are not allowed to sell Public Fine Gold International Sdn Bhd’s product if he or she is no longer Public Fine Gold International Sdn Bhd’s authorized Dealer.4. Dealer is reminded to always keep the positive image of Public Fine GoldInternational Sdn Bhd. Public Fine Gold International Sdn Bhd has the right to strip the appointment of Dealer, or to claim compensation in terms of law if Dealers done any activities or spread any rumors that will influence the company’s reputation.5. Public Fine Gold International Sdn Bhd has the right to modify these Dealers Terms and Conditions from time to time according to requirements without prior notice to the dealer.
Last Updated ( 10 Dec 2010 )
Pulangan dalam membeli emas
Jongkong Emas
Harga jongkong emas pada 15/5/2009 = RM 2248
Harga jongkong emas pada 15/5/2009 = RM 2248
Bukti pulangan setahun
Harga jongkong emas pada 15/5/2010 = RM 2624
Setelah setahun..UNTUNG BERAPA?, 16 - 18% !!
Kijang Emas
Harga kijang emas 18/7/2001 = RM 1082Bukti pulangan 10 tahun
Harga kijang emas 1/7/2010 = RM 4104 Setelah 10 tahun..UNTUNG BERAPA?, 270-280% !!
Kelebihan simpan dinar untuk
menunaikan HAJI
Setiap tahun kos menunaikan haji dalam bentuk Dinar Emas turun.
menunaikan HAJI
Setiap tahun kos menunaikan haji dalam bentuk Dinar Emas turun.MENGAPA?
“KERANA NILAI EMAS SENTIASA NAIK!”
KOS HAJI DAN KEPINGAN DINAR YANG DIPERLUKAN:-
Tahun 2002:-
1 Dinar = RM 140
Kos Haji = 65 keping(ikut jadual) X RM 140
Jumlah = RM 9100 (harga untuk perbandingan pada tahun 2009 je k)
Dinar yang diperlukan adalah 65 keping.
Tahun 2009:-
1 Dinar = RM 502
Kos Haji = 18 keping (ikut jadual) X RM 502
Jumlah = RM 9036
Dinar yang diperlukan adalah 18 keping.
“Kos Haji pada tahun 2002 hingga 2009 hampir sama tetapi
jumlah Dinar yang diperlukan berkurangan!”
CARA PENGIRAAN:-
Pada tahun 2002 anda mempunyai 65 keping dan anda simpan hingga tahun 2009
Kos Haji pada tahun 2009 = RM9036.00
Jumlah keuntungan anda pada tahun 2009:-
65 dinar x RM 502 = RM 32630 (nilai Dinar pada tahun 2009) – RM 9036 (kos haji) = RM23633.00
Jumlah baki kepingan Dinar anda pada tahun 2009 :-
RM23,633.00 /RM504 = 47 keping. (keuntungan anda)
KESIMPULAN:-
Kos untuk mengerjakan Haji hampir sama setiap tahun tetapi jumlah Dinar yang diperlukan menurun.
Ini kerana harga emas setiap tahun mempunyai peningkatan sebanyak:-
33.3-39% p.a
“Maksudnya,anda mungkin perlukan 10 keping untuk menunaikan haji pada tahun 2015″
sumber : perniagaan emas bulliondinar bnm.gov
Bar Public Gold
20gram
Logam Emas
Saiz (W x L ) 16 x 25 mm
Ketebalan 3 mm
Ketulenan 999.9
50gram
Logam Emas
Saiz (W x L ) 24 x 37 mm
Ketebalan 3 mm
Ketulenan 999.9
100gram
Logam Emas
Saiz (W x L ) 35 x 54 mm
Ketebalan 3 mm
Ketulenan 999.9
50gram Syiling
Logam Emas
Diameter 38mm
Ketebalan 3 mm
Ketulenan 999.9
Price: Public Gold
Saiz (W x L ) 16 x 25 mm
Ketebalan 3 mm
Ketulenan 999.9
50gram
Logam Emas
Saiz (W x L ) 24 x 37 mm
Ketebalan 3 mm
Ketulenan 999.9
100gram
Logam Emas
Saiz (W x L ) 35 x 54 mm
Ketebalan 3 mm
Ketulenan 999.9
50gram Syiling
Logam Emas
Diameter 38mm
Ketebalan 3 mm
Ketulenan 999.9
Price: Public Gold
Dinar Public Gold
1 dinar
Diameter 18mm
Logam Emas
Berat 4.25 gram
Ketulenan 916
5 dinar
Diameter 32mm
Logam Emas
Berat 21.25 gram
Ketulenan 916
10 dinar
Diameter 38mm
Logam Emas
Berat 42.5 gram
Ketulenan 916
Price : Public Dinar
Logam Emas
Berat 4.25 gram
Ketulenan 916
5 dinar
Diameter 32mm
Logam Emas
Berat 21.25 gram
Ketulenan 916
10 dinar
Diameter 38mm
Logam Emas
Berat 42.5 gram
Ketulenan 916
Price : Public Dinar
Menjadi dealer Public Gold
Amat mudah menjadi dealer Public Gold
Modal (Pembelian emas)
RM300,000 - Master Dealer
RM40,000 - Normal Dealer
RM 20,000 - Normal Dealer hingga 31 dicember 2010 sahaja
Langkah2
1. Ambil borang permohonan sms/call 017-3239327 or email syam_chem@yahoo.com
2. Isi dan email kepada payment@publicgold.com.my dan cc syam_chem@yahoo.com dan fax ke 04-6464916
Introducer Name
Introducer Code
3. Pihak Public Gold akan email Quotation / Sales Order berdasarkan Harga Semasa di WEB
-sila maklumkan kepada saya selepas 2 jam menghantar email dokumen tersebut
4. Bank in kedalam akaun Public Gold International Sdn Bhd
-Maybank - 507134241707
-Public Bank - 6592525400
-Bank Islam - 9010026801
5. Stok emas boleh di ambil di branch Public Gold berhampiran dengan anda. Jika ingin kirim kepada sesiapa kena sertakan sekali letter authorization (LA)
6. Anda akan mendapat komisyen setiap beli emas dengan Public Gold
- Master Dealer 2%
- Normal dealer 1.5%
7. Sudah boleh berniaga jual dan beli emas Public Gold.
-Target jualan tidak ada. 1 dinar public gold pun anda akan dapat komisyen.
Pamplet public gold dapat free daripada public gold
Modal (Pembelian emas)
RM300,000 - Master Dealer
RM40,000 - Normal Dealer
RM 20,000 - Normal Dealer hingga 31 dicember 2010 sahaja
Langkah2
1. Ambil borang permohonan sms/call 017-3239327 or email syam_chem@yahoo.com
2. Isi dan email kepada payment@publicgold.com.my dan cc syam_chem@yahoo.com dan fax ke 04-6464916
Introducer Name
Introducer Code
3. Pihak Public Gold akan email Quotation / Sales Order berdasarkan Harga Semasa di WEB
-sila maklumkan kepada saya selepas 2 jam menghantar email dokumen tersebut
4. Bank in kedalam akaun Public Gold International Sdn Bhd
-Maybank - 507134241707
-Public Bank - 6592525400
-Bank Islam - 9010026801
Contoh bank in slip
5. Stok emas boleh di ambil di branch Public Gold berhampiran dengan anda. Jika ingin kirim kepada sesiapa kena sertakan sekali letter authorization (LA)
6. Anda akan mendapat komisyen setiap beli emas dengan Public Gold
- Master Dealer 2%
- Normal dealer 1.5%
7. Sudah boleh berniaga jual dan beli emas Public Gold.
-Target jualan tidak ada. 1 dinar public gold pun anda akan dapat komisyen.
Pamplet public gold dapat free daripada public goldHarga emas bukan segalanya
Melihat trend harga emas yang menaik dan menurun, banyak kawan-kawan yang bertanya waktu bila kita harus membeli emas? Saya membeli emas untuk jangka masa sederhana (1-5 tahun) dengan tujuan melindungi nilai aset terutamanya daripada inflasi. Secara diam-diam inflasi merompak asset anda dengan cara mururunkan daya beli wang. contohnya wang rupiah Indonesia (inflasi terburuk dalam 10 tahun pernah mencapai 78%). mata wang dunia yang selama ini dianggap kuat iaitu dollar Amerika dalam 8 tahun terakhir daya belinya terhadap emas tuhun tinggal 29% dan dalam 40 tahun terakhir daya beli dollar Amerika terhadap emas tinggal 4% sahaja.
Kuasa beli dollar yang menurun
Perbandingan kuasa beli wang dollar dengan emas
contoh negara yang telah mengalami hyper inflasi
kesan inflasi terhadap wang anda
Pertimbangan harga Emas sering menjadi faktor utama bagi kebanyakan orang, tapi sayangnya ini bukanlah alasan yang tepat. Harga hanya merupakan pertimbangan penting kedua. Berikut ini adalah tulisan dari James Turk di www.KitCo.com, ia adalah pendiri dan chairman dari GoldMoney.com dan juga salah satu penulis buku yang menghebohkan The Coming Collapse of The Dollar.
Pertimbangan membeli Emas yang lebih penting adalah:
- Motivasi untuk strategi financial. Emas sudah terbukti dan teruji dalam merentasi waktu yang sangat panjang dalam melawan Inflasi. Orang cenderung akan membeli Emas apabila ia tahu inflasi akan memburuk.
- Pelaburan emas untuk mengharapkan dapat membeli jumlah barang yang lebih banyak dalam beberapa tahun yang akan datang, pada umumnya bukanlah alasan yang tepat. Tetapi dengan Emas pula ada jaminan bahawa kita akan dapat membeli jumlah barang yang sama (tidak berkurang) dalam beberapa puluh tahun kedepan. Jadi Emas adalah alat untuk mempertahankan kemakmuran, tetapi bukan untuk meningkatkan. Saya jadi ingat kata-kata Tung Desem W, “EMAS TIDAK MEMBUAT ORANG MAKIN KAYA, TAPI EMAS MEMBUAT ORANG TETAP KAYA”. Hehehe… pendapat itu mungkin saat ini harus diubah sekarang… James Turk dan Tung Desem belum tahu teknik manambah emas dengan teknik tertentu Emas ini boleh membuat kita makin kaya….
- Wang Kertas hanya dapat menyimpan nilai sementara, kalau kelamaan kita menyimpannya , maka daya belinya pasti turun. Sebaliknya Emas terbukti menjadi penyimpan nilai yang kekal, daya belinya tidak menurun dengan berlalunya waktu.
Wang Kertas adalah penyimpan nilai yang lemah?
Kelebihan dinar untuk ke Haji
Maka mulalah menukar dan menabung duit kertas anda dalam bentuk EMAS Hubungi saya 017-3239327 atau syam_chem@yahoo.com
Husam: Emas dinar, dirham perak bukan matawang
Exco kanan kerajaan negeri Kelantan Datuk Husam Musa menafikan laporan Bernama semalam berhubung penggunaan emas dinar dan dirham perak sebagai matawang.
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"Siapa yang kata (ini matawang). Kita tidak pernah kata ini sebagai matawang. Tapi dari segi syariah, ia memang boleh dianggap sebagai matawang," katanya ketika dihubungi Malaysiakini hari ini.
Katanya lagi, beliau hadir ke majlis pelancaran tersebut semalam dan tidak mendengar menteri besar Datuk Nik Abdul Aziz Nik Mat mengumumkan emas dan perak itu sebagai matawang.
"Mungkin (Bernama) terlalu terkejut dengan berita itu dan hendak buat sensasi. Kita pun tak pernah kata ini sebagai matawang. Tapi nilainya itu ada," katanya lagi.
Jelaskan, dinar dan dirham tersebut sebenarnya digunakan untuk pertukaran barangan.
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Beliau berkata demikian ketika mengulas kenyataan timbalan menteri kewangan, Datuk Awang Adek Hussein berhubung pelancaran dinar dan dirham tersebut.
Awang Adek, seperti dilaporkan Berita Harian hari ini berkata, hanya kerajaan persekutuan melalui Bank Negara Malaysia mempunyai hak mutlak untuk mengeluarkan matawang.
Awang Adek juga dilaporkan sebagai berkata, kerajaan negeri tidak mempunyai peruntukan undang-undang untuk mengeluarkan mata wang.
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Tambahnya, kerajaan negeri juga tidak perlu membuat rundingan dengan Bank Negara Malaysia untuk menjadikan dinar sebagai matawang.
"Sebab kita tidak pernah kata nak jadikan dinar ini sebagai matawang," katanya lagi.
Beliau juga menjelaskan, fungsi Bank Islam dan Tabung Haji sebagai ejen untuk menerima mata wang syariah itu berurusniaga, juga tidak tepat seperti dilaporkan Bernama.
Jelasnya, emas dan perak itu sebaliknya boleh disimpan di Bank Islam melalui skim Ar-Rahnu.
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Dinar dan dirham itu dilancarkan semalam di Kota Bharu sebagai medium pembayaran zakat. Pada majlis berkenaan Menteri Besar, Datuk Nik Abdul Aziz Nik Mat turut menyerahkan dinar emas kepada Ketua Pegawai Eksekutif PMBK, Mustapha Salleh bagi pembayaran gaji kepada kakitangannya untuk bulan ini.
Perak ikut Kelantan perkenal dinar emas
Perak akan menjadi negeri kedua di negara ini menyediakan dinar emas dan dirham perak yang bertujuan mempelbagaikan penyimpanan kewangan rakyat. Menteri Besar Perak Datuk Seri Dr Zambry Abdul Kadir (gambar fail) berkata penyediaan matawang tersebut akan dilakukan dan perbincangan mengenainya telah pun dibuat dua tahun lalu.
“Kita juga dalam proses untuk mengeluarkan (matawang) itu, supaya boleh menjadi satu asas untuk simpanan rakyat,” katanya kepada Bernama selepas menghadiri Persidangan Riba Sedunia di sini hari ini.
Beliau berkata penyediaan sepenuhnya matawang tersebut akan dibuat sebaik semua proses dari segi rakabentuk dan sebagainya siap.
Proses menempa rekabentuk awal matawang tersebut telah dibuat di sebuah syarikat di negeri itu, katanya.
Ditanya sama ada penyediaannya akan mengikut model yang diperkenalkan di Kelantan pada 12 Ogos lepas, Zambry berkata negeri itu akan menggunakan pendekatan yang berlainan.
“Sebenarnya kita yang memulakan dahulu dari segi perbincangan dan juga proses, tetapi Kelantan telah memperkenalkannya terlebih dahulu, tetapi apa jua kerja baik tak apalah, mungkin kita akan gunakan pendekatan-pendekatan yang lain,” katanya.
Namun Zambry berkata pelaksanaannya tertakluk kepada undang-undang dan peraturan negara dan Bank Negara.
“Apa-apa pun yang kita buat jangan sampai bercanggah dengan undang-undang dan peraturan,” katanya.
Terdahulu ketika berucap menutup persidangan itu, beliau berkata Perak telah mengiktiraf bahawa emas merupakan satu simpanan nilai yang baik.
Beliau percaya bahawa oleh kerana emas telah memainkan peranan sebagai wang di seluruh dunia, nilainya dijangka meningkat ketika ada krisis.
“Dengan membuat simpanan mereka dalam emas dan perak, orang ramai boleh melindungi nilai simpanannya daripada susut nilai.” – Bernama
sumber: http://www.kl-today.com/?p=5655
Continous money printing will drive gold ever higher: An Interview with Mr. Rose, CEO of Capital Gold Group
By Mark Hoffman | November 3, 2010 5:26 PM EDT
The following is an interview of the International Business Times with Jonathan Rose, who saw the huge potential of gold as an investment already before the start of the phenomenal bull run during the last 11 years. After the first half of his career in Europe, working within established financial firms at the London Metal Exchange, Mr. Rose founded Capital Gold Group, Inc. in the year 2000 right at the start of the following five-fold price increase of gold.
IBTimes: Mr. Rose, could you tell us where you see the gold price headed to in the short and medium term? This is a big question for many especially regarding the new round of Quantitative Easing initiated by the Federal Reserve, also called money printing of course.
Jonathan Rose: After the impressive rally in precious metals over the past three months, we appear to have entered a period of consolidation where the next five percent move in gold and silver is likely to be led by gold on a break of the support at $1,315 per ounce or the resistance at $1,350. Now the Feds are approving the next round of quantitative easing and with the dollar down 13% since June, we are seeing a flight to safety and security in the yellow metal. With high risk of inflation looming, don't be surprised to see $1,400 an ounce by the end of this year. I think 2011 is going to start with gold continuing its upward swing and reach historical highs of $1,700 an ounce in the medium term.
IBTimes: QE2 is coming - will the liquidity glut and negative real interest rates further drive up the price of gold, or do you see this priced in by the market already.
Jonathan Rose: QE2 coming spells more economic insanity on the horizon. We spent over $709 billion dollars on the Iraq war. Politicians and economists said that would bankrupt us, but we continued to spend.. We have spent over $787 billion dollars on the first round of quantitative easing with little or no effect. Government census is that one in seven Americans live in poverty. Foreclosures are on the rise and are setting new records. Sheila Bair, the head of the FDIC, announced last year 140 bank failures, which could finish even higher this year. We also have a lack of funding for our entitlement programs, such as medicare and social security, which could be bankrupt in the next ten years unless we get further government bailouts. Homelessness is NYC is up nearly 50% and GM sales are down 25%. Our national debt is becoming a threat to our national security because people are viewing us as weak. And with our debt coming to maturity in the next ten years, which we cannot afford to pay, printing money seems to be our only option, which we feel is going to spur inflation, if not hyperinflation. We also feel if we adjusted gold for the inflationary highs of the 80's, gold bullion should already be at $2,200 an ounce, so we feel very strongly about a further drive up in gold over the next five years.
IBTimes: Some bullion dealers in Germany were sold out earlier this year, confronted with an unprecedented buying stampede. There are also comments about delivery shortages for selected U.S. coins. How is the situation now with the recent surge in demand? How is Capital Gold Group coping with the demand, do customers need to expect longer delivery times for certain products? Please let us know your expectations for the future as well.
Jonathan Rose: With the continuing surge in demand for gold bullion products and limited production of coins coming from the U.S. Mint, many smaller gold dealers are feeling the pinch. Capital Gold Group's expansive network throughout the globe enabled us to provide our clients with prompt delivery of gold bullion products. However, with the diminishing quantity of certain coins, we are witnessing an unprecedented rise in premiums on particular gold products. It's important that customers deal with reputable gold dealers to avoid long-term delays in certain gold products. We offer insured gold delivery for up to 100 million dollars and clients can also come into our office, pick up their gold and take it home with them.
IBTimes: About the portfolio structure, what share of investment would you advise investors to hold in physical gold, precious metal ETFs, and mines?
Jonathan Rose: In terms of portfolio insurance, no matter what size portfolio you have, I always recommend to my clients to diversify anywhere from 5 - 25 percent of what they have in paper into precious metals. I have to say I am more an advocate for physical gold as you're holding onto tangible wealth with no counter party risks. In terms of gold mining shares and ETF's, even though they are gold backed products, paper gold cannot be redeemed for gold. Only gold is worth gold.
About Jonathan Rose: As Founder and President of Capital Gold Group since its inception in the year 2000, Mr. Rose has an accomplished background in the base metals market, precious metals market, and the foreign exchange market (FOREX). While living in Europe, he spent the first half of his career employed by AAA rated banks such as Prudential Bache Securities, Morgan Stanley, Fimat Metals - a division of Societe Generale, Merrill Lynch, and other global firms on the London Metal Exchange (LME), negotiating with traders in the base metals markets.
Barang mewah dari emas
Emas dari dulu sehingga kini adalah simbol kemewahan, simbol taraf sosial, simbol kekayaan seseorang.. jika dahulu firaun membina menara emas, Abu Jahal menjual patung emas, Qarun mempunyai Gudang Emas, kegilaan mereka tidak terkubur bersama fizikal mereka didalam tanah, kegilaan itu tetap diwariskan anak cucu moyang mereka di zaman serba canggih ini. Berikut adalah barang2 mewah yang dihasilkan dari kegilaan manusia pada emas sebagai lambang kemewahan dan taraf sosial.
1. Posche 911 ini dimiliki oleh jutawan Rusia, bodinya dihasilkan dari 40 pound emas 24 karat, bahagian dalamnya dihasilkan menggunakan emas 22 karat, bodi, stering, rims, aci pintu juga dihasilkan menggunakan emas. Tempat paling selamat untuk parking kereta ini adalah di Bilik Kebal bank.
2. Nintendo wii ini dihasilkan dari emas 22karat dan berharga sekitar usd490k, sebelum ini ps3 dari emas pun turut dihasilkan dan dijual pada harga usd320k di amerika.
3. Basikal emas bersalut emas 22karat ini digunakan oleh James Bond dan dikenali sebagai Goldfixie
4. Gold Desert bertahtahkan emas ini dihasilkan oleh Stephen Bruce di Restoran miliknya Serendipity 3 atau lebih dikenali sebagai “Restaurant I Won’t Be Taking My Girlfriend to For Her Birthday” berharga sekitar usd25k, ia dihasilkan menggunakan emas 23karat, aiskrim dicelup emas 20karat, diamond dan truffle. (mengikut kajian, isotop emas boleh meningkatkan kesan kanser dalam darah)
5. Tandas termahal di dunia terletak di Hong Kong. Dibina pada tahun 2001, seluruh tandas ini dibina menggunakan sebanyak 380kg emas 24karat dan 6200 gemstones. semua bahagian tandas dari mangkuk, pam, baldi pun dihasilkan dari emas, ia berharga HK $ 38 juta ketika dibina dan sekarang bernilai HK $ 80 juta.
6. Kotak PC dihasilkan dari emas dan platinum ini dihasilkan oleh Zeus Computer berpangkalan di Tokyo. Kotak PC platinum (jupiter) berharga sekitar 80 juta yen (RM2.45m), manakala untuk kotak PC emas (Mars) berharga 60 juta yen (RM1.84m). Ia dilengkapi dengan 3Ghz Processor Core2 duo, GeForce 7200 dan 2G RAM.
7. Sstroller bayi bersalut emas ini dijual di Harrods dengan harga UK6000 (RM30k) ia dilengkapi dengan sistem bunyi dan kain baldu. Semua bahagian stroller termasuk roda, badan dan bumbung juga dihasilkan dari emas 24karat
8. Tobias Wong, seorang designer yang mesra dipanggil “man who turn everything into object” telah mencipta item emas berbentuk kapsul dari emas 24karat, Menurut beliau, kapsul ini digunakan untuk menaikkan harga diri kita, dengan menelan kapsul ini anda baru saja menaikkan harga diri anda sebanyak RM1400.00. Kapsul ini boleh dibeli di internet.
9. Jika anda penulis ebook terkaya, pakar forex, dan seorang yang mementingkan kemewahan, anda boleh order dari Sakura Kazo di Jepun sebuah keyboard bersalut emas pada harga USD275 (RM900), keyboard ini disadur dengan emas 24karat dan tidak memerlukan driver untuk diinstall pada komputer dan menggunakan ruang USB untuk disambungkan ke komputer peribadi anda.
sumber: harga emas
Kelantan lancar matawang syariah dinar n dirham
Kelantan berhasrat menjadi negeri pertama mempelopori penggunaan emas dan perak yang dikenali mata wang syariah emas dinar dan perak dirham.
Menteri Besar Kelantan Datuk Nik Abdul Aziz Nik Mat berkata adalah menjadi hasratnya untuk melihat Kelantan mempelopori penggunaan mata wang syariah dalam semua urusniaga, termasuk membayar gaji kakitangan kerajaan negeri.
Bagaimanapun, katanya, masih banyak soal teknikal yang perlu diatasi oleh kerajaan negeri sebelum dapat melaksanakannya.
"Kita bercadang mengamalkan semua urusniaga dan membayar gaji kakitangan menggunakan mata wang syariah, iaitu dinar emas dan dirham ini secara menyeluruh tidak lama lagi," katanya pemberita selepas majlis pelancaran dinar emas di Kota Bharu, hari ini.
Dinar emas dan dirham itu dikendalikan oleh Kelantan Gold Trade (KGT) iaitu anak syarikat Perbadanan Menteri Besar Kelantan (PMBK).
Simbolik kepada majlis pelancaran itu, Nik Abdul Aziz menyerahkan dinar emas kepada Ketua Pegawai Eksekutif PMBK, Mustapha Salleh bagi pembayaran gaji kepada kakitangannya untuk bulan ini.
Nik Abdul Aziz, yang juga Pengerusi PMBK berkata, sehingga ini lebih 1,000 peniaga bersetuju menggunakan emas dinar dan dirham sebagai mata wang alternatif untuk berurusniaga di premis mereka.
Selain itu, Tabung Haji dan Bank Islam Malaysia Berhad (BIMB) bersetuju menjadi ejen dan menerima mata wang syariah itu untuk berurusniaga.
Beliau berkata, tidak ada sebab urusniaga mengunakan mata wang syariah ini tidak boleh diamalkan di negeri ini kerana penggunaannya telah diamalkan sebelum kejatuhan Kerajaan Othmani di Turki.
Sehubungan itu, beliau menggalakkan semua pihak menggunakan mata wang syariah itu secara menyeluruh dan bukan untuk negeri ini sahaja.
- Bernama
sumber: http://www.malaysiakini.com/news/139908
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Bagaimanapun, katanya, masih banyak soal teknikal yang perlu diatasi oleh kerajaan negeri sebelum dapat melaksanakannya.
"Kita bercadang mengamalkan semua urusniaga dan membayar gaji kakitangan menggunakan mata wang syariah, iaitu dinar emas dan dirham ini secara menyeluruh tidak lama lagi," katanya pemberita selepas majlis pelancaran dinar emas di Kota Bharu, hari ini.
Dinar emas dan dirham itu dikendalikan oleh Kelantan Gold Trade (KGT) iaitu anak syarikat Perbadanan Menteri Besar Kelantan (PMBK).
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Nik Abdul Aziz, yang juga Pengerusi PMBK berkata, sehingga ini lebih 1,000 peniaga bersetuju menggunakan emas dinar dan dirham sebagai mata wang alternatif untuk berurusniaga di premis mereka.
Selain itu, Tabung Haji dan Bank Islam Malaysia Berhad (BIMB) bersetuju menjadi ejen dan menerima mata wang syariah itu untuk berurusniaga.
Beliau berkata, tidak ada sebab urusniaga mengunakan mata wang syariah ini tidak boleh diamalkan di negeri ini kerana penggunaannya telah diamalkan sebelum kejatuhan Kerajaan Othmani di Turki.
Sehubungan itu, beliau menggalakkan semua pihak menggunakan mata wang syariah itu secara menyeluruh dan bukan untuk negeri ini sahaja.
- Bernama
sumber: http://www.malaysiakini.com/news/139908
Usage of Gold Dinar
The usage of gold Dinar.
- Dinar can be used as saving/investment
- It can be used to pay zakat
- It can be used as a Mahr (Mas Kahwin)
- It can be used as a gift
- It can be used to buy and sell as it is a legitimate medium of exchange.
Gold have intrinsic value. Due to its beauty, rare and unique nature, gold is valued by mankind. Since 5000 years ago until today, mankind still value gold. Historically, gold has been a proven method of preserving value when a national currency was losing value. By saving a portion of gold as your asset you already have a good financial insurance policy.
It can be used to pay zakat
The literal meaning of the word Zakat is: grow (in goodness) or 'increase', 'purifying' or 'making pure'. The vital importance of Zakat is reflected in Islamic law:
"My mercy encompasses all things, but I will specify it for the righteous who give Zakat" (7:156). Zakat must be given away "on the day of harvest" (6:141). Zakat can only be paid with tangible merchandise, called in Arabic 'ain. It cannot be paid with a promise to pay or a debt, called in Arabic dayn.
From the beginning the zakat was paid with dinars and dirham. Most significant is that the payment of zakat was never allowed in paper money during all the ottoman period right until the fall of the Caliphate.
Under Islamic law Zakat is a form of Muslin tithing to God for the support of the less fortunate or jihad and it is to be paid in gold or silver, not paper currencies without any intrinsic value. Paper-money is called fulus, because it only represents money and does not have value as merchandise. It follows that since Zakat cannot be paid in fulus, which has no value as merchandise, it cannot be paid in paper-money, which value as weight of paper is null. On this basis, it becomes clear the urgent need to restore the use of the Dinar and the Dirham as payment of Zakat.
It can be used as a Mahr (Mas Kahwin)
The mahr (dowry) is something that is paid by the man to his wife. It is paid to the wife and to her only as an honor and a respect given to her and to show that he has a serious desire to marry her and is not simply entering into the marriage contract without any sense of responsibility and obligation or effort on his part.
One of the more common names for it is Al-Sadaaq which comes from the word sidq meaning honesty or sincerity. As-San'aani (Book: Subul As-Salaam) explains its significance: "It indicates the sincerity of the husband's desire for his wife. In the religious laws before us the dowry used to go to the guardians."
In Malaysia, for example, one of the famous artists that use dinar as Mahr is M. Nasir when he marries Marlia Musa. Their mahr is 13 pieces of gold Dinar.
It can be used as a gift
Since gold is beauty, rare, have its own intrinsic value, increase in value over the time and cannot be destruct. It can be a very good gift. This precious metal will be appreciated by human. That is why we can see the older generation passing gold to the younger generation via gold jewelry and other form of gold i.e. Ring, necklace, bracelet, gold coin etc.
It can be used to buy and sell as it is a legitimate medium of exchange
Gold is money. Why? Because it fulfills, to an extent unmatched by any other physical commodity (Silver comes closest), all the pre-requisites of a money. It was rare and prized long before the concept of "money" was ever discovered. It has many other unique uses, and always has had.
Gold's beauty, scarcity, unique density (no other metal outside the platinum group is as heavy), and the ease by which it could be melted, formed, and measured made it a natural trading medium. Gold gave rise to the concept of money itself: portable, private, and permanent.
But for nearly three thousand years (since the first Gold coins were struck in Lydia in 700 BC) Gold's primary utility has been recognized as a medium of exchange.
The history of Gold as money in modern coin form spans 2630 years, from 700 BC to about 1930 AD. The history of nothing but paper and base metal and silver coin in circulation spans about 40 years from 1930 to 1970. And the history of paper and base metal coin as "money", with no connection to Gold (or silver) anywhere on earth also spans a period now approaching 40 years - from 1970 to date.
Wenzhou property investors turn to gold
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Many Wenzhou residents who used to be keen on investing in real estate nationwide have now looked to gold as a new channel to absorb their cash, the National Business Daily (NBD) reported.
"One of my Wenzhou townsmen bought gold worth 14 million yuan ($2.05 million) the other day," said Tao Xingyi, president of Jinding Group, which focuses on gold investment consultancy and high-end gold trading. Tao was born in Zhejiang province's Wenzhou city, which is famous for entrepreneurship.
Tao said the number of customers who came to his company to inquire for gold investment jumped three to four times recently.
Tao added that Wenzhou investors came in groups, with four to five persons in a group at least.
Among these, within just one month three groups came to buy gold. Each took away gold worth more than ten million yuan.
Returns on investment in the stock markets and the real estate market are not good and gold, as a special investment channel and an internationally-accepted currency, can be used to hedge credit and inflation risks, said Yuan Lin, R&D director of the Tianhe Junye Gold Investment Co Ltd.
Tao Xingyi estimated that if the government continues to curb the property market and the stock markets stay bearish, more money will flow into the gold market.
However, it is unable to calculate how much Wenzhou speculators' capital has exited from the property market and then entered the gold market. But, the proportion is quite small, according to several experts interviewed by the NBD.
Gold prices are high, so not many investors will buy in, said Hai Xiao, a gold and currency trading analyst.
sumber: http://www.chinadaily.com.cn/bizchina/2010-05/13/content_9846541.htm
76 analysts bet Gold to reach $2,500 to $15,000!
By Lorimer Wilson
Believe it or not but I have identified 76 economists, academics, gold analysts and market commentators who have developed sound rationale as to why gold could quite possibly go to a parabolic top of at least $2,500 an ounce to even as much as an unimaginable $15,000 before the bubble finally pops!
When I first began writing about such projections I was satisfied with identifying 10 individuals who were of the opinion that gold would attain a peak greater than $2,500. That list has grown to 76 (see below) of which 46 believe that $5,000 or more for gold is likely. I encourage you to check out their articles and their rationale for such high gold prices in the years (and in some cases just months) to come.
Higher than $10,000
1. Mike Maloney: $15,000;
2. Howard Katz: $14,000;
3. Dr. Jeffrey Lewis: $7,000-$14,000;
4. Jim Rickards: $4,000 – $11,000;
5. Roland Watson: $10,800 (in our lifetime);
$5,001 – $10,000
1. Bob Kirtley: $10,000 (by 2011);
2. Arnold Bock: $10,000 (by 2012);
3. Porter Stansberry: $10,000 (by 2012);
4. Tom Fischer: $10,000;
5. Shayne McGuire: $10,000;
6. Eric Hommelberg: $10,000;
7. Jim Willie: $7,000;
8. Gerald Celente: $6,000 – $10,000;
9. Samuel “Bud” Kress: $6,000 (by 2014);
10. Peter Schiff: $5,000 – $10,000 (in 5 to 10 years);
11. Egon von Greyerz: $5,000 – $10,000;
12. Patrick Kerr: $5,000 – $10,000 (by 2011);
13. Peter Millar: $5,000 – $10,000;
14. Ben Davies: $5,000 - $10,000;
15. Alf Field: $4,250 – $10,000;
16. Peter George: $3,500 (by 2011-13); $10,000 (by 2015);
17. Jeff Nielson: $3,000 – $10,000;
18. Dennis van Ek: $9,000 (by 2015);
19. James Turk: $8,000 (by 2015);
20. Joseph Russo: $7,000 – $8,000;
21. David Petch; $6,000 – $$8,000;
22. Michael Rozeff: $2,865 – $7,151;
23. Martin Murenbeeld: $3,100 – $7,000;
24. Dylan Grice: $6,300;
25. Aubie Baltin: $6,000 (by 2017);
26. Murray Sabrin: $6,153;
27. Harry Schultz: $6,000;
28. Lawrence Hunt: $5,000 - $6,000 (by 2019);
29. Paul Brodsky/Lee Quaintance: $3,000 – $6,000;
$5,000
1. David Rosenberg: $5,000;
2. Martin Hutchinson: $5,000 (by end of 2010);
3. Doug Casey: $5,000;
4. Peter Cooper: $5,000;
5. Robert McEwen: $5,000;
6. Martin Armstrong: $5,000 (by 2016);
7. Peter Krauth: $5,000;
8. Tim Iacono: $5,000 (by 2017);
9. Christopher Wyke: $5,000;
10. Frank Barbera: $5,000;
11. John Lee: $5,000;
12. Barry Dawes: $5,000;
$2,500 – $5,000
1. Pierre Lassonde: $4,000 – $5,000;
2. Mary Anne and Pamela Aden: $3,000 – $5,000 (by February 2012);
3. James Dines: $3,000 - $5,000;
4. Bob Chapman: $3,000 (by 2011);
5. Larry Edelson: $2300 – $5,000 (by 2012);
6. Luke Burgess: $2,000- – $5,000;
7. Ian Gordon/Christopher Funston; $4,000;
8. D.P. Baker: $3,000 – $3750;
9. Christopher Wood: $3,500 (in 2010);
10. Adam Hamilton: $3,500 (by 2010-11);
11. Eric Roseman: $2,500 – $3,500 (by 2015);
12. John Henderson: $3,000+ (by 2015-17);
13. Hans Goetti: $3,000;
14. Michael Yorba: $3,000;
15. David Tice: $3,000 (by 2012);
16. David Urban; $3,000;
17. Mitchell Langbert: $3,000;
18. Brett Arends: $3,000;
19. Ambrose Evans-Pritchard: $3,000;
20. Trader Mark: $3,000 (by mid-2011);
21. John Williams: $3,000;
22. Louise Yamada: $3,000 (by 2016-17);
23. Byron King: $3,000;
24. ThumbCharts.com: $3,000;
25. Ian McAvity: $2,500 – $3,000 (by 2012);
26. Jeff Nichols: $2,000 – $3,000;
27. Graham French: $2,000 – $3,000;
28. Sascha Opel: $2,500+;
29. Rick Rule: $2,500 (by 2013);
30. Daniel Brebner: $2,500;
There you have it. Who would have believed that so many distinguished analysts would maintain that gold and, by implication, silver are likely to achieve such lofty levels as a result of the effects of our current financially troubled and volatile times? Their rationale is varied but each is sound in its own right. I have identified 76 analysts with such views and look forward to your assistance in adding to that number.
If we are to put any credence whatsoever into the rationale presented by the above analysts then it seems prudent for us to own some physical gold and silver in order to shield ourselves from future rampant inflation and currency devaluations and to ensure an outstanding return on our investment.
Courtesy: www.FinancialArticleSummariesToday.com
Sumber: http://www.commodityonline.com/news/76-analysts-bet-Gold-to-reach-$2500-to-$15000!-30353-3-1.html
Believe it or not but I have identified 76 economists, academics, gold analysts and market commentators who have developed sound rationale as to why gold could quite possibly go to a parabolic top of at least $2,500 an ounce to even as much as an unimaginable $15,000 before the bubble finally pops!
When I first began writing about such projections I was satisfied with identifying 10 individuals who were of the opinion that gold would attain a peak greater than $2,500. That list has grown to 76 (see below) of which 46 believe that $5,000 or more for gold is likely. I encourage you to check out their articles and their rationale for such high gold prices in the years (and in some cases just months) to come.
Higher than $10,000
1. Mike Maloney: $15,000;
2. Howard Katz: $14,000;
3. Dr. Jeffrey Lewis: $7,000-$14,000;
4. Jim Rickards: $4,000 – $11,000;
5. Roland Watson: $10,800 (in our lifetime);
$5,001 – $10,000
1. Bob Kirtley: $10,000 (by 2011);
2. Arnold Bock: $10,000 (by 2012);
3. Porter Stansberry: $10,000 (by 2012);
4. Tom Fischer: $10,000;
5. Shayne McGuire: $10,000;
6. Eric Hommelberg: $10,000;
7. Jim Willie: $7,000;
8. Gerald Celente: $6,000 – $10,000;
9. Samuel “Bud” Kress: $6,000 (by 2014);
10. Peter Schiff: $5,000 – $10,000 (in 5 to 10 years);
11. Egon von Greyerz: $5,000 – $10,000;
12. Patrick Kerr: $5,000 – $10,000 (by 2011);
13. Peter Millar: $5,000 – $10,000;
14. Ben Davies: $5,000 - $10,000;
15. Alf Field: $4,250 – $10,000;
16. Peter George: $3,500 (by 2011-13); $10,000 (by 2015);
17. Jeff Nielson: $3,000 – $10,000;
18. Dennis van Ek: $9,000 (by 2015);
19. James Turk: $8,000 (by 2015);
20. Joseph Russo: $7,000 – $8,000;
21. David Petch; $6,000 – $$8,000;
22. Michael Rozeff: $2,865 – $7,151;
23. Martin Murenbeeld: $3,100 – $7,000;
24. Dylan Grice: $6,300;
25. Aubie Baltin: $6,000 (by 2017);
26. Murray Sabrin: $6,153;
27. Harry Schultz: $6,000;
28. Lawrence Hunt: $5,000 - $6,000 (by 2019);
29. Paul Brodsky/Lee Quaintance: $3,000 – $6,000;
$5,000
1. David Rosenberg: $5,000;
2. Martin Hutchinson: $5,000 (by end of 2010);
3. Doug Casey: $5,000;
4. Peter Cooper: $5,000;
5. Robert McEwen: $5,000;
6. Martin Armstrong: $5,000 (by 2016);
7. Peter Krauth: $5,000;
8. Tim Iacono: $5,000 (by 2017);
9. Christopher Wyke: $5,000;
10. Frank Barbera: $5,000;
11. John Lee: $5,000;
12. Barry Dawes: $5,000;
$2,500 – $5,000
1. Pierre Lassonde: $4,000 – $5,000;
2. Mary Anne and Pamela Aden: $3,000 – $5,000 (by February 2012);
3. James Dines: $3,000 - $5,000;
4. Bob Chapman: $3,000 (by 2011);
5. Larry Edelson: $2300 – $5,000 (by 2012);
6. Luke Burgess: $2,000- – $5,000;
7. Ian Gordon/Christopher Funston; $4,000;
8. D.P. Baker: $3,000 – $3750;
9. Christopher Wood: $3,500 (in 2010);
10. Adam Hamilton: $3,500 (by 2010-11);
11. Eric Roseman: $2,500 – $3,500 (by 2015);
12. John Henderson: $3,000+ (by 2015-17);
13. Hans Goetti: $3,000;
14. Michael Yorba: $3,000;
15. David Tice: $3,000 (by 2012);
16. David Urban; $3,000;
17. Mitchell Langbert: $3,000;
18. Brett Arends: $3,000;
19. Ambrose Evans-Pritchard: $3,000;
20. Trader Mark: $3,000 (by mid-2011);
21. John Williams: $3,000;
22. Louise Yamada: $3,000 (by 2016-17);
23. Byron King: $3,000;
24. ThumbCharts.com: $3,000;
25. Ian McAvity: $2,500 – $3,000 (by 2012);
26. Jeff Nichols: $2,000 – $3,000;
27. Graham French: $2,000 – $3,000;
28. Sascha Opel: $2,500+;
29. Rick Rule: $2,500 (by 2013);
30. Daniel Brebner: $2,500;
There you have it. Who would have believed that so many distinguished analysts would maintain that gold and, by implication, silver are likely to achieve such lofty levels as a result of the effects of our current financially troubled and volatile times? Their rationale is varied but each is sound in its own right. I have identified 76 analysts with such views and look forward to your assistance in adding to that number.
If we are to put any credence whatsoever into the rationale presented by the above analysts then it seems prudent for us to own some physical gold and silver in order to shield ourselves from future rampant inflation and currency devaluations and to ensure an outstanding return on our investment.
Courtesy: www.FinancialArticleSummariesToday.com
Sumber: http://www.commodityonline.com/news/76-analysts-bet-Gold-to-reach-$2500-to-$15000!-30353-3-1.html
Why Buy Gold and When to Sell Gold
Why buy gold and when to sell gold is not as difficult as it seems.On the-privateer.com it states, " In any discussion of the future of Gold, or of the price of Gold, the first thing that must be realized is that Gold is a political metal. In the true meaning of the word, its price is "governed".
"This is so for the very simple reason that Gold in its historical role as a currency is fundamentally incompatible with the modern worldwide financial system."
Throughout history, up to August the 15th 1971, in fact, there has always been a link between paper money and gold. The history of money is littered with the connections. Either gold itself was used as a currency, or if paper was used it was backed by or represented a value of gold.
Since that fateful day in August 1971 however, the successful action of having a medium of exchange was dropped and paper itself was called upon to represent value. But paper currencies hinge on the concept that the debt on which they are based will be repaid. The only way this is being done currently is with more paper money.
Richard Russell, editor and publisher of the Dow Theory letters commented in a recent post on his website:
"Quotes are great if you own stock in a public company in a big bull market. But the great majority of amateur investors make more money holding their homes over the years than they ever make in the stock market. And the reason is that if they own a home over the years, and that home is sensibly financed, they aren’t scared out their home by those damnable quotes during bear markets.
Holders of gold might mull over the same concept. Sure gold is quoted every hour of the day around the world. Long-term holders of gold might do well to ignore the quotes. If gold doubles in price, so what? -- are you going to swap your gold for paper? If gold drops by a third, so what? – are you going to dump your gold for paper?
Why not just relax and hold your gold? Hold your gold – why? The reason is that gold is the only true money, it's the only money that remains wealth no matter what happens in the world. Gold is wealth during the biggest boom and gold remains wealth during the worst depression. So why dwell on the daily dollar price, even though gold is quoted everywhere every hour of the day? Forget the bloody quotes, just accumulate gold. It's a good thing to have in today's unstable world."
So in short, that answers the question, why buy gold and when to sell gold.
sumber: http://buying-gold.goldprice.org/2008/01/why-buy-gold-and-when-to-sell-gold.html
Gold asset of the decade
Gold is close to achieving the rare feat of becoming the consistent performer among all asset classes of the decade. It has appreciated year after year for the last ten years. And this year, if prices end higher than that of last year, it will perhaps be one of the few assets to do so. It is already up 6.5% for the year till date in dollar terms. As an investor, perhaps one might ponder if having a bit of gold is a smart strategy. After all, it is only moving one way (that is, up) and even for the June quarter, when all commodities corrected, it moved up 11.5%—giving the best returns among all commodities.
So, should you invest heavily into gold at this juncture? Historically speaking, perhaps not. From a supply (mining) perspective, it should not be not more than $750 per ounce. The current cost of mining gold is around $350-400 per ounce. And gold mining companies have earned around 35-40%, which puts a figure of around $550-600 per ounce. Factoring in cost escalation, the long-term average should not be more than $650-750 per ounce over the long term. Of course, new investments into gold mines are coming at much higher costs, which justifies higher gold prices, but the rising demand seems to be ephemeral.
Low jewellery demand: Interestingly, it is the investment-led demand that is spurring gold demand and not the jewellery demand. Jewellery demand in the past has constituted 60% of the overall annual demand of around 3,500-4,000 tonnes. But in 2009, it fell to 51%. Higher gold prices and its volatility are keeping jewellery buyers away. Perhaps at these prices, women in India and the Middle East are buying lesser and lesser. “It’s a lean period at present. We expect prices to be supportive post-Diwali and the demand to pick up during the marriage season in October to December,” said Amar Singh, head, commodity and currencies, business development & research, Aditya Birla Money. In the lean season of June-July, gold prices back home have already slipped to a three-month low.
According to Amol Tilak, senior research analyst, Kotak Commodity Services, gold prices will bottom out at $1,050 per ounce or Rs 17,750 per 10 gm this year, which is a fairly good level to buy. That said, he believes,...
sumber: http://www.financialexpress.com/news/asset-of-the-decade/654570/
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