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My analyst for the week Gold XAU - ▼ Silver XAG - ▼ USD - ▲ OIL - side line Currently OIL is oversupply so the IRAN/ISIS issue dont seem to have much weight on Gold China demand for gold during this traditional period dont seem to be picking up India government is hell bend on reducing gold import by using Gold bond(?) which give interest and can be sold back with its price peg to Gold. Paper supply dropping after US bank start to pull out of the ETF market So overall i would suggest sell on rally, take it with a pinch of salt. not sure when hyper inflation will set in... but i doubt will be soon. even USA is facing deflation now. Again take all this with a pinch of salt, I had being losing quite alot of money due to gold wild swag lately. Most likely caused by the recent Euro/Greece issue. I had being gone for awhile as i dont see the need to write much regarding Gold due to the ISIS/Euro issue hopefully the below link will be helpfully for anyone who wi

My analyst for the week Gold XAU - side line Silver XAG - side line USD - ⇧  I had stopped writing(trading) since July as the news keep repeating itself, Iraq, Ukranie, Russia, ISIS. With all news outlet covering the news and the resulting USD drop and precious metal spike I felt that I had nothing much to add. But August is here, I guess its time for me to get off my lazy butt and start writing again. Mostly the world seem unchanged since June, slightly more stable but roughly the same. This seem to have push precious metal pricing down abit but dont get lure in... yet. Gold and silver might spike at anytime due to the conflicts in multiple countries. Better to be side line or have a very tight stop lost. USD got a boost from the recent GDP data(4% wow!) which suggest strongly that the USA market is recovering and that the 1st quarter GDP is weather affected. with the increasing inflation and the recovering employment market, there is rumor that Yellen would start to cons

  What is Currency Carry Trade? "A strategy in which an investor sells a certain currency with a relatively low interest rate and uses the funds to purchase a different currency yielding a higher interest rate. A trader using this strategy attempts to capture the difference between the rates, which can often be substantial, depending on the amount of leverage used. " quoted from http://www.investopedia.com/terms/c/currencycarrytrade.asp Value?  The value of this investment depend on the currency being used. Since most high interest currency belong to third world countries, their currency tend to be very unstable. For example Argentina which have an interest rate of 8.18%(at the time of this post) but due to it the 2014 Aug Default, no sane investor would consider getting this bond. If the trader get the safer developed countries currency, the interest rate tend to be lower. So in order to get the same return as third world countries, the trader would need to leve

  What is gold? “Gold is a chemical element with the symbol Au and atomic number 79. It is a dense, soft, malleable and ductile metal with a bright yellow color and luster, the properties of which remain without tarnishing when exposed to air or water. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements, and is solid under standard conditions. The metal therefore occurs often in free elemental (native) form, as nuggets or grains, in rocks, in veins and in alluvial deposits. Less commonly, it occurs in minerals as gold compounds, such as with tellurium as calaverite, sylvanite, or krennerite.” Quoted from http://en.wikipedia.org/wiki/Gold Value? The value of gold come from historical value. Humanity had being using Gold for trading since 600 BC and we have being using Gold for trading for at least 2000 years before we abandon the “Gold Standard” during War World I and War World II. With current economic, gold is use as

What is toy ? An object for a child to play with, typically a model or miniature replica of something. Value? This type of investment is usually based on sentimental value as the toys itself does not generate income and usually the materials used to make the toy are just cheap plastic. So for people who are looking forward to becoming a toy collector, I advise getting toys that are popular decade ago and are still going strong now. One of the example are transformer, with it endless cartoon series, comics book and movies, I doubt transformers will be out of value any time soon. The value of the toy will also increase base on the rarity and the quality of it. A high quality and limited collection toy might double it value in just 1 or 2 years. An example of this is toy produced by “Hot Toy” who hand crafted the face of each toy and create only a limited amount of each series. But again, not all “Hot Toy” will be double in value as the value is again from the sentimental va

My analyst for the week Gold XAU - side line Silver XAG - side line Platinum XPT - ▼ USD - side line With the Russia/Ukraine issue now becoming non war issue and transacting into oil price policies, the focus now is on Iran. After the sudden lost of oil export from Iran, the oil price had shot up and now had reach highest near to 110 USD. This will have a great impact on Gold and silver pricing, but since I do not trade during war time, I would suggest that we leave the Precious metal trade and wait for it to stable become going in again. No major news from China this week, just the usual housing properties over supply and the metal scandal. (check out my last post!) Last week USA market data was below expected. With the employment rate dropped and the student loan issue. Any USD rally would be quite limited and high chance of USD drop for the weeks to come. But we believe the below expectation data effect should not last long as the US market seem to have stable. I wo

My analyst for the week Gold XAU↓ Silver XAG↓ Eur ↓ USD ↑ With the Russia/Ukraine issue settling down to non war issue, the precious metal market seem to have relaxed and now focusing more on the EUR market. China seem to be recovering base on the recent data released, but there are still worry that the China credit market is shaky. There are some rumor regarding China company using the same asset for multiple loan. And there is still no clear direction for China properties market. Recent USA market data is quite good. With the employment rate going up and the market reacting positively to the news, USD should be showing some strength soon.But the student loan issue seem to be getting worse and no clear active had being taken by the US government to help the issue. With the recent EUR negative rates, the precious metal seem to have a short boost. This might be due to the possibility of a hyper inflation from the credit influx as bank are now in theory dumping credit into