I still remember on March year of 2008, retail price for gold was about RM111/gram. I bought a bracelet for RM1,300. At that time gold price was declined to Rm105/gram after she touch the peak months before that. In gold trading we call it retracement before it moves in bullish position.

As today, 24 days more to Christmas we see another highest peak for Gold. Malaysia gold current price is RM130/gram. Why is the price soar?

Relationship Between Metal, USD and Oil

Metal ?  =  Oil  ? = USD ?

Am I correct?

Through my reading, big boys love to manipulate these trade items. It’s either USD or metal or oil. According to some source, Warren Buffet sold his tonne of USD since last quater of 2009 and focus on Gold. Early next year we will see USD gaining back to normal position after big boys started to sell their golds.

Investing in gold?

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