Harga Emas - Spot Trading

[Hobin]

M1 timeframe......

 

[Les Lau]

M1 timeframe......

Yes. Scalping Gold M1...

 

[Soros1]

ok scalping 5mins Spot Gold, ranging mode. http://screencast.com/t/EpMnCEV8rM4

 

[Les Lau]

Yesterday breakout pattern, sell at 1611.65

 

[Les Lau]

Taking Profit early at 1607.50

 

[Les Lau]

Semalam Gold hit 1632, 3 rekod baru dlm 1 minggu!

 

[Les Lau]

US Debt & Gold/Silver Price

After many years of studying the issue about the US debt, here is my analysis..

In summary, there will be 3 scenarios about the US debt:

1) US is going for a major reform, and suffering for a long period of time to pay back all the debt

2) US print a lots of money to settle the debt

3) Default on the debt


1) 1st scenario is actually a proper way but unfortunately until now, there is no serious sign US is doing it. Even starting from today lets say they are cutting down expenses, balancing the budget and paying back 1 Trillion USD per year, it will take them a minimum of 15-20 years to settle all the debt.
Are they willing to be disciplined and sacrifice?
Unlikely.
Their whole system is a disadvantage now, and wouldn't allow them to choose this path.


2) Printing money. US is doing it now.
Every country do print money, but US print the most and fastest.
(behind every US dollar printed, it is backed by debt)
This will cost US dollar less valuable.
QE1, QE2, .. QE(N)

Hence Gold & Silver price in relative will go up.
(short term price might fluctuate, but in the long term at least 6 month to 1 year Gold & Silver price will be rising)


3) If US don't wake up and changing course, there will be a reckoning
day when they are going to default on the loan.

In this case, USD will lose the status as a world reserve currency.
This will cause US dollar a major decline and implode.
At that time Gold & Silver price will 'skyrocket'.


Les Lau

 

[mobsterpips]

tq TT for shraing dis info...

 

[fauzizul]

parok awok2 bahang gold... bile nok turun skt harge gold ni...:-?

 

[Les Lau]

tq TT for shraing dis info...

Thank You.