Following four sessions of sizeable losses in value, precious metals climbed along with crude oil this morning as a vote on the implementation of required austerity measures neared in Greece. Prime Minister Papandreou’s proposed 78 billion euro program of spending cuts and asset sales faces a tough sell but is the prerequisite to the release of some 12 billion euros in payments coming from the initially approved bailout package.

 SINGAPORE, June 29 (Reuters) - Gold edged higher on
Wednesday, as investors are optimistic that Greece's parliament
will approve an austerity plan later in the day, underpinning
sentiment in bullion and other commodities. 

Assalamualaikum...
Saya bagi pihak Hijrah Dinar ingin menghebohkan bahawa Cik Siti Aminah Bt Abdul Muin adalah wakil bagi
Hijrah Dinar bagi Zon Tengah Khususnya kawasan Wilayah Persekutuan / Kuala Lumpur.

Kesempatan ini juga saya ingin mengalu-alukan kedatangan Cik Siti Aminah ke dalam keluarga Hijrah Dinar semoga dengan kedatangan Cik Siti Aminah dapat mengembangkan lagi jenama Hijrah Dinar dalam pemasaran emas ini.

Kepada bakal pelanggan yang berada di sekitar Wilayah Persekutuan / Kuala Lumpur boleh menghubungi Cik Siti Aminah untuk maklumat lanjut dan pembelian dinar emas.

Sekian, Terimakasih..

 SINGAPORE, June 21 (Reuters) - Gold edged up on Tuesday and
held near its highest in two weeks on a softer U.S. dollar
against the euro and growing fears that Greece could end
up defaulting on its debt.

Sumber: Blog Umaralfateh

Alhamdulillah, bersyukur kepada Allah, yang masih memberikan kesempatan ruang waktu kepada saya untuk terus berkongsi apa-apa yang dirasakan baik berdasarkan neraca iman yang telah Allah berikan, Alhamdulillah.

Mengerjakan haji merupakan salah satu daripada Rukun Islam yang lima. Setiap orang Islam yang mempunyai kemampuan, diwajibkan mengerjakan haji sekali seumur hidup. Firman Allah Taala :

“Menjadi suatu kewajipan ke atas setiap manusia (orang-orang mukmin) pergi mengerjakan haji ke Baitullah, iaitu bagi mereka yang mempunyai kemampuan. Barangsiapa yang kufur (ingkar), maka ketahuilah bahawa sesungguhnya Allah Maha Kaya (tidak memerlukan sesuatu pun) daripada pihak lain (alam).”

Assalamualaikum kepada semua para pembaca,

Baru-baru ini saya ada post artikel mengenai simpanan haji melalui Dinar Emas. Seperti mana kebiasaan kita menyimpan untuk kos mengerjakan haji selalu nya di Lembaga Tabung Haji. Memang betul ianya satu badan atau institusi untuk simpanan dan meyelenggarakan urusan haji bagi para jemaah di Malaysia.

By Greg McCoach
Get ready. We are now entering the final stages in the collapse of the U.S. dollar...
And it's not going to be pretty.

 Adam Sharp - Tuesday, June 14th, 2011

Standard Chartered just released a 64-page outlook for gold, and the bulls will be pleased with its findings. Its authors say $5,000 gold is likely in the near future.
The report highlights a worldwide lack of new production and increasing demand from Asia. More from CNBC:

This list shows how countries stack up in terms of gold reserves.

In an otherwise quiet article about central banks today, Bloomberg quoted an analyst who says China may use up to a third of their $3 trillion in foreign reserves to purchase gold.
China has been moving away from the dollar, and into alternative stores of wealth for years now.
But $1 trillion into gold? If it happens, such a large move would further threaten the dollar's status as reserve currency. It would also provide further buying pressure in gold for years to come (as the dollar crumples into a pitiful heap on the floor).

By Indo Asian News Service | IANS – Fri, Jun 17, 2011
 

Kesohoran dinar sebagai satu matawang rasmi dalam sektor ekonomi sudah lama tersemat dalam lembaran sejarah Tamadun Islam. Dewasa ini komoditi ini seringkali dicanangkan sebagai instrumen alternatif dalam aktiviti ekonomi dunia semasa. Fakta ini adalah berasaskan kepada nilai intrinsik atau tersendiri yang diyakini boleh digunapakai secara lebih meluas serta konsisten. Namun demikian, masih ramai belum mengetahui dari mana dan bagaimana ia boleh berkembang sehingga menjadi satu matawang utama dalam kronologi ketamadunan Islam.

Penggunaan dinar emas menggantikan mata wang dalam sistem perniagaan dapat membantu mengurangkan kesan akibat krisis kewangan yang berlaku sekarang.

Naib Canselor Universiti Malaya (UM), Profesor Datuk Dr. Ghauth Jasmon berkata, penggunaan dinar emas adalah praktikal ketika ini memandangkan nilai emas yang sentiasa meningkat.

WANG dan sistem kewangan banyak berkaitan dengan penghasilan kekayaan. Malah, ramai beranggapan wang itu sendiri adalah kekayaan. Dalam hal ini, institusi kewangan memainkan peranan penting.

Institusi kewangan berperanan memobilisi simpanan sedia ada serta menyalurkan kepada pelabur supaya dapat digandakan untuk kekayaan dan penghasilan modal. Peranan dimainkan institusi kewangan ini tidak boleh dipandang remeh.

(Kitco News) - How the situation in Greece unfolds over the coming days could influence the precious metals market into next week, market participants said Friday.

As Greece teeters on the brink of default and civil unrest rises in the country over sharp spending cuts, gold has seen some safe-haven buying emerge as investors flee riskier assets.

Diciptakannya emas dan perak oleh Allah menurut Imam Ghazali adalah agar emas dan perak ini digunakan sebagai hakim atau timbangan yang adil untuk menilai barang-barang dalam bermuamalah. Hal ini sejalan dengan banyaknya ayat-ayat al-Quran yang memerintahkan kita untuk menegakkan timbangan atau neraca yang berarti juga menegakkan keadilan.

San Antonio, Texas-- (Kitco News) Gold should trade to just over $1,600 an ounce by the end of 2011 and silver should be flirting with $50 an ounce as governments will need to maintain a loose monetary policy despite the phasing out of stimulus packages in the U.S., according to the director of a major research firm.
Philip Newman, research director of GFMS, said in an interview on the sidelines of the International Precious Metals Institute’s Precious Metals Conference here there may be too much focus in the markets on the second quantitative easing versus a possible third program.

The story of gold is as rich and complex as the metal itself.
Wars have been fought for it; love has been declared with it. Ancient Egyptian hieroglyphs portray gold as the brilliance of the sun; modern astronomers use mirrors coated with gold to capture images of the heavens.

The World Gold Council is committed to the development of a truly sustainable gold mining industry.
Mining has broad social and economic benefits for developing and developed countries alike. Responsibly produced gold contributes to the economic and social development of local communities whilst providing important national revenue for countries with gold reserves.

Author: Julian Phillips
 
BENONI - 
After a quiet and steady week, gold jumped in New York yesterday.   In Asia, after New York's higher close at $1,540, the gold price was steady, which was surprising because it was in the face of a stronger dollar.   The result was the gold in the euro jumped from below €1,049 to €1,064.  

By:EK
OPEC discussion on Wednesday led to another technical hick up. It centered on whether or not the current slip-up in global growth is a result of too high oil prices. The Saudi’s on one side kept saying that high prices are having an impact, and should be lowered to support the global economy, but Iran insisted the world is slowing down anyway and increasing output may lower prices below $80, damaging its ability to fund domestic projects.

(Kitco News) - Comex gold futures prices are trading steady to weaker and silver is lower in quieter early dealings, as much of Europe is on holiday Monday. Lower crude oil prices are modestly bearish for the precious metals markets to start the new trading week. August gold last traded down $0.80 an ounce at $1,528.40. Spot gold last traded down $4.80 an ounce at $1,527.75. July Comex silver last traded down $0.697 at $35.63 an ounce.

             Emas Se Amas = 2.551 gm
       
             Emas Se Rial =2.70 gm
     
             Emas Se Kupang = 0.64 gm
           
             Emas 2 Kupang = 1.28 gm     ( Kupang Terengganu )
           
             Emas 6 Suku ( sama dengan 1½ mayam ) = 5.06 gm
       
             Emas 5 Busak ( sama dengan ½ Mayam ) = 1.69 gm
     
             Emas 1 Mayam = 3.37 gm

             Hina Besi kerana karat        Mulia Emas kerana kilat

	Percent Gold
24 Kt.	100% Gold
18 Kt.	75% Gold
14 Kt.	58.3% Gold
12 Kt.	50% Gold
10 Kt.	41.7%

KARAT
Karat (abbreviated Kt) is a measure of the fineness of gold. 24 karat gold is pure gold. 18 karat gold is 18/24 gold (about 75% gold - three quarters gold). 14 karat gold is 14/24 gold (about 58% gold - a little over half gold). 12 karat gold is exactly half gold. 10 karat gold is 10/24 gold (only about 43.5% gold - less than half gold).

Pelaburan atau menyimpan emas boleh menampung perbelanjaan haji dan umrah disamping dapat mengeluarkan zakat. Dengan peningkatan harga emas setiap tahun selari dengan peningkatan kos sara hidup, beli dan simpan emas adalah langkah yang terbaik bagi menampung kos perbelanjaan haji dan umrah.

By David Galland, Casey Research
While there are many reasons that gold and silver are going to keep moving higher as the fiat currencies trend lower, at our recent Casey Research Summit in Boca Raton, faculty member Mike Maloney pointed out a fact that, while obvious in hindsight, I had never heard mentioned previously.

Seperti yang kita sudah sedia maklum, emas memang menjadi sumber pelaburan paling selamat sejak dari zaman dulu lagi. Tetapi masih ramai lagi rakyat di Malaysia ini tidak menyedari akan kepentingan pelaburan emas ini.

MINAT melabur dalam emas kian meningkat sejak kebelakangan ini kerana kesedaran mengenai kekuatan logam berharga itu.
'Kekuatan' emas yang menyerlah itu menimbulkan minat begitu mendalam dalam diri Profesor Dr Ahamed Kameel Mydin Meera terhadap logam tersebut. 'Ketidakseimbangan yang berlaku dalam sistem kewangan ketika ini - sehingga menyebabkan keruntuhan nilai dolar Amerika dan berlakunya krisis di dunia

Last year, billionaire financier George Soros said he thought gold was “the ultimate bubble”. So those worried that gold could be nearing the end of its ten-year bull market have noted that he has sold most of his holdings in gold exchange-traded funds (ETFs). But does his exit – and gold’s latest record above €1,080 – really mean that the party is over?
Don’t count on it. For starters, note that Soros still has exposure to gold through gold mining shares and a gold mining ETF, says Julian DW Phillips on Goldforecaster.com. The global macroeconomic backdrop hardly suggests that investors no longer need a safe haven and store of value. While the end of the Fed’s latest money-printing programme (QE2) is due in June, the recent weakness in the US economy means another round of QE can hardly be ruled out. Even if it doesn’t happen, however, interest rates remain negative, which is fertile groundfor gold.
Indeed, most big economies, fearful of choking off fragile growth, “are letting interest rates fall even further behind inflation”, says James Mackintosh in the FT. Inflation fears have also emerged in China, with growing demand for bullion there bolstering gold. According to the World Gold Council, sales of physical gold jumped by more than 100% year-on-year in the first quarter. Emerging-market central banks continue to diversify into gold, with Mexico, Bolivia, Russia and Thailand topping up their holdings in the first three months of the year.
Fears of a banking meltdown following a debt default in Europe won’t recede soon, especially now that political uncertainty is mounting. Finally, with just 0.6% of global financial assets in gold, compared to 3% in 1980 when it last peaked, gold still looks far from bubbly, says Sebastian Lyon of Troy Asset management. Deutsche Bank expects the price to reach $2,000.

SETIAP RABU (8.30 MALAM)
Tempat : No.12A-1, Lorong Pauh Jaya 1/1, Taman Pauh Jaya, 13700 Seberang Perai.
(Berdekatan Nasi Kandar Astana, Jln. Baru, Perai)
Hubungi : Zira Zairein : 013-455 8608

SETIAP JUMAAT (5:00 PETANG)
Tempat : 75 D Lorong Kulit, 10460 Pulau Pinang (Stadium Bandaraya)
Hubungi : Cikgu Ibrahim: 012-492 8300, En.Abu Bakar (Mamu) : 016-427 3847

SETIAP SABTU (9:00 MALAM)
Tempat : Zamm World Enterprise (Pemborong & Peruncit Minyak Wangi)
548 Guar Perahu, 14400 Kubang Semang, Bukit Mertajam)
Hubungi : En.Zambri (One Drop) :013-4330458

***Wakil / Ejen diperlukan

(Reuters) - Spot gold held steady on Thursday as a wait-and-see sentiment prevailed on future U.S. monetary policy moves, while palladium strengthened as the automobile sector recovers from the Japan earthquake in March.

The dollar index .DXY edged lower, as the euro was underpinned by expectations that the European Central Bank will likely flag a July rate hike at a meeting later in the day.

Spot gold was steady at $1,535.65 an ounce by 0554 GMT (1:54 a.m. ET), after losing half a percent in the previous session.

U.S. gold inched down 0.1 percent to $1,537.20.

Jun 7 (PTI) Silver continued its upward streak in India for the third straight session Tuesday and rose by Rs 100 to Rs 55,200 per kg on sustained buying by stockists, supported by a firm global trend. However, gold held steady at Rs 22,810 per 10 grams in restricted local buying at prevailing high levels.

Trading sentiments remained firm as gold gained on concerns about Europe''s debt crisis and signs that the US economy is slowing, boosting demand for the yellow metal as an alternative investment.

India gold was steady on Tuesday afternoon as support from the overseas market was offset by a firm rupee locally, with traders waiting for falls amid a seasonally lean demand period, dealers said.

* The most-active gold for August delivery was trading 0.08 percent lower at 22,680 rupees per 10 grams at 2:11 p.m.

SINGAPORE, June 7 (Reuters) - Gold ticked up on Tuesday,
after rising to its strongest in more than a month in the
previous session, as worries about a slowing U.S. economy
prompted purchases from investors seeking an alternative
investment.

Assalamualaikum dan salam sejahtera semua,

Pernah tengok cerita "Kisah Benar" yang disiarkan di TV3?

Ianya mengisahkan perkara-perkara b**** yang dilakukan oleh
orang ramai untuk mendapatkan sesuatu dengan cepat...
walaupun risikonya banyak.

Salah satu cerita yang ditunjukkan adalah mengenai stok.

Assalamualaikum dan salam sejahtera..

Hari ini saya ingin bercakap tentang unit trust dan emas.
Unit trust bagi saya ialah touchy subject kerana ada ramai
yang bersumpah tentang kebaikan unit trust berbanding semua
pelaburan lain. Tapi sebelum kita pergi lebih dalam, saya
ingin terangkan dengan ringkas apa itu unit trust.

Unit trust ialah nama lain untuk pelaburan kolektif di mana
organisasi akan mengambil pelaburan dan melaburkannya.
Organisasi tersebut tertakluk kepada perjanjian yaang dibuat.
Setiap unit trust mempunyai objektif pelaburan masing-masing.
Ada yang melabur dalam teknologi hijau. Ada yang melabur
dalam perlancongan dan ada yang melabur dalam perlombongan.

setiap unit trust mempunyai prestasi yang berbeza dan itu
yang saya kurang minat tentang unit trust. Kita perlu
memilih unit trust yang paling bagus dalam melaburkan
duit kita kalau tidak kita yang akan rugi. Selalunya orang
akan melabur duit sedikit demi sedikit ke dalamnya untuk
meminimumkan risiko tapi ada yang suka melabur "lump sum".
Saya tak rekomen sesiapa pun labur sekali gus kecuali
yakin tentang keadaan pasaran dan pelaburan yang dibuat.

- * - * - * - * -

Terbaca komen menarik mengenai unit trust a.ka
mutual fund

- * - * - * - * -

Saya ada membaca satu komen di blog kewangan
tentang pengalamannya melabur dalam unit trust.
B.C melabur ke dalam unit trust dengan membeli
unit trust daripada Public Mutual dan ING pada harga
RM100,000. Tapi setelah melabur selama 3 tahun 6 bulan,
dia akhirnya bengang dengan prestasi unit trust tersebut.
Dia menebus kembali duitnya untuk mendapat RM87 ribu
kembali. Dia hilang RM17 ribu untuk pelaburan tersebut.

Tidak semua unit trust kehilangan nilai semasa
kejatuhan ekonomi. Tapi masalahnya terlalu banyak
unit trust dan setiap unit trust mempunyai objektif
yang menarik. Hampir semuanya memberi "jaminan"
dalam pelaburan. Tapi kita tahu tidak ada perkara
dalam dunia ini tanpa risiko, termasuklah unit trust.

Bayangkan kalau B.C. melaburkan wang tersebut dalam
emas. Daripada lesap RM17 ribu, dia boleh mendapat,
daripada 2008 sampai 2010, lebih kurang 4.31% + 25.04%
+ 20.9% = 50.9% peningkatan atau lebih kurang RM50,900.
Perbezaan melampau ketara ini kerana unit trust
meletakkan pelaburannya ke dalam banyak tempat dan
pasti ada yang untung DAN rugi.

Emas pula? Permintaan emas sedang naik sekarang ini
dan tidak akan berhenti sehingga 2014. (Jika China
tidak menjumpai sumber emas baru pada tahun itu,
China terpaksa bergantung kepada pengimportan emas
untuk memenuhi semua keperluan emasnya)

I rest my case here. Bagi saya walaupun unit trust
boleh menawarkan peratus lebih baik, tapi amat susah
untuk mengetahui yang mana satu terbaik. Sebaliknya
emas, masih lagi mempunyai peningkatan permintaan.

Dan secara umumnya, lagi banyak negara pulih
ekonominya, lagi banyak emas yang akan dibeli kerana
mahu mengelakkan inflasi ekonomi berlaku.

Sebarang pertanyaan dan pembelian emas boleh hubungi saya
atau melalui wakil-wakil yang tersenarai diblog saya.

Fauzi (admin Hijrah Dinar)
012-4002962

By Luke Burgess

It's true.

The rich ARE getting richer.

Whether the economy is up or down and whether unemployment is high or low... the billionaires of the world always seem two steps ahead of EVERYONE ELSE.

In fact, Forbes recently reported that over the past year alone, the richest people in the world are now $1 trillion richer!

That's $1,000,000,000,000... or twelve zeros.

All the while, everyone else's retirement funds, investments, and salaries either remained stagnant or dropped!
It doesn't just seem unfair.

It's downright infuriating!

And get this:

They're making their killing, right now, through ditching their stock portfolios!

That's right. The world's wealthiest people – guys like George Soros, Bill Gates, and Warren Buffett – aren't using the stock market to expand their fortunes.

In fact, they're running from investments traded in ANY paper currency.

Instead, they're stocking up on as much precious metals as they can afford.

The Times New World reports that these multi-billionaires are literally starting to buy gold by the ton.

The moment that news hit my desk, I started digging up as much information as I possibly could.

After all, everyone knows that their secret to success is to always be several steps ahead of everyone else. So before anything happens, I wanted to know why.

What I found was utterly shocking. But acting on it now could help protect your financial future forever.

In fact, before another second goes by, I want to rush you my latest report “Why Invest in Gold”

As you are able to figure out from this, gold prices and silver prices will keep on increasing quickly over the next months. Precious metals have a long way to go up yet. Today is really a great time to buy gold and buy silver.


FOR IMMEDIATE RELEASE
PRLog (Press Release) – Jun 02, 2011 – China is making arrangements for the ultimate death of the dollar. Li Lianzhong, a senior economist within the ruling Chinese Communist Party, directly attacked the dollar lately. Li’s message is simple: China should purchase much more gold simply because the dollar is poised for a further fall. Li also stated that China ought to use much more of its $1.95 trillion in foreign reserves to purchase energy resource assets. Go to http://www.silverdollar.cc for more profitable silver and gold tips.

Li asked the very valid question, “Should we buy gold or U.S. Treasuries? The U.S. is printing dollars on a massive scale, and in view of that trend, according to the laws of economics, there is no doubt that the dollar will fall. So gold should be a better choice.” There's no doubt in our minds that China, the biggest holder of US Treasuries with nearly $900 billion worth of bonds in the end of September, 2010, is moving to decrease its exposure towards the buck. China has pointed out it had elevated its holdings of gold to over 1,200 tons coming from 600 tons since 2003. Information cited December 2010 by China’s state-run Xinhua news agency confirmed that China imported 209.7 metric tons of gold within the first ten months of 2010; a fivefold raise compared using the exact same period last year.

The main thing is China continues to be our banker giving credit by purchasing our Treasuries and financing our way of life as well as our Dollar dominance for a very long time. These days are over. And who will purchase our debt now? Why of course, the Federal Reserve will. That is right, the Fed will invent cash out of thin air to purchase and support our exponential debt requirements. And that is a one-way ticket to huge inflation and/or hyperinflation. Go to http://www.silverdollar.cc for more profitable silver and gold tips.

The Largest Monetary Players Are Purchasing A Lot of Gold

The planet's wealthiest individuals have responded to economic worries by purchasing gold by the bar -- and occasionally by the ton -- and by moving assets out of the monetary system, bankers catering towards the very wealthy have reported. Fears of a double-dip recession have boosted the hunger for physical bullion as well as for mining company shares as well as exchange-traded funds, UBS executive Josef Stadler told the Reuters Global Private Banking Summit. "They don't only buy ETFs or futures; they buy physical gold," stated Stadler, who operates the Swiss bank's services for customers with assets of a minimum of $50 million to invest. UBS is advocating top-tier customers hold 7-10 % of their assets in precious metals like gold, which is on course for its tenth consecutive year. "We had a clear example of a couple buying over a ton of gold ... and carrying it to another place," Stadler stated. At current prices, that shipment could be really worth about $42 million.

Julius Baer's key investment official for Asia is also suggesting that wealthy investors park a few of their assets in gold as a protective stance following a chain of lackluster U.S. information and amid issues about currency weakness. "I see gold as an insurance," Van Anantha-Nageswaran stated. "I recommend 10 percent as minimum in portfolios and anything more than that to be used for trading purposes, to respond to short-term over-bought or over-sold signals."

This is really an ideal illustration of an age-old idea: When paper money is dying, you getaway into “money insurance” and simply wait out the storm. It's as easy, simple, and intuitive as that. Gold is history’s everlasting and safest type of cash. Go to http://www.silverdollar.cc for more profitable silver and gold tips.

Emerging marketplace nations are quietly purchasing gold aggressively. Within the past 12 months, Russia, China, as well as India moved part of their Western currency supplies into bullion. The shift was substantial sufficient to push gold prices greater even as equity marketplaces settled down. Now this year’s gold rush is really a result primarily of purchasing pressure from emerging marketplace banks, not worried retirees purchasing coins. So why is this essential? The long term of the international economic climate is within the East. Rather than multiple-trillion dollar debts, China, Russia, and India have currency reserves. Most of these governments are gradually moving their reserves from fiat currencies such as the dollar to much more stable stores of worth like gold. This is really a clear sign that self-confidence is waning within the US government’s capability to pay off debt. They're, in essence, shorting the US economic climate and checking out other stores of worth apart from the dollar.

Is the large picture coming into just a little more awareness now? There's absolutely nothing unusual or sudden about this. It's the perfectly all-natural result of a totally fiat currency program. As soon as all restraint continues to be suspended for cash creation you have pre-determined the ending result simply because you’ve let loose unlimited credit, which indicates unlimited debt. And also you wind up having a Ponzi scheme of ever-increasing financial debt to pay for prior obligations at interest. That is why dictated currencies have a 100% failure rate. They spiral out of control as every generation of debt should be bigger to satisfy the prior generation of principal as well as interest payments. As you are able to figure out from the above, gold prices and silver prices will keep on increasing quickly over the next months. Today is really a great time to buy gold and buy silver.

# # #

Silver Dollar is really a well-loved commodity among collectors. Several discovered collecting the Morgan and Peace silver dollars to be profitable.

Source: PRLog Free Press Release

By Rujun Shen

SINGAPORE, June 2 (Reuters) - Spot gold held steady on
Thursday, supported by worries about economic recovery triggered
by sluggish U.S. employment and manufacturing data, and as
optimism over a solution to the Greek debt crisis faded after
Moody's cut the country's credit rating.



FUNDAMENTALS

* Spot gold edged up 0.1 percent to $1,541.89 an
ounce by 0048 GMT, extending gains from the previous session.

* U.S. gold GCcv1 was flat at $1,543.20.

* Fears mounted that the U.S. economy may be running out of
steam as data showed that companies hired far fewer workers than
expected in May and output in the manufacturing sector hit its
lowest level since 2009. [ID:nN01147563]

* The cloudy economic outlook drove investors to seek a safe
haven in gold, pushing the holdings in the SPDR Gold Trust
, the world's largest gold-backed exchange-traded fund, up
2.121 tonnes to 1,212.866 tonnes.

* Moody's cut Greece's credit rating by three notches on
debt restructuring worries, dampening optimism earlier in the
week that the debt-laden country would receive a second bailout
package and avoid restructuring. [ID:nLDE75038N]

* Spot silver gained 0.7 percent to $37.06, after
slipping more than 4 percent in the previous session. U.S.
silver SIcv1 fell 1.6 percent to $37.08.

* For the top stories on metals and other news, click
, or



MARKET NEWS

* Wall Street ended a four-day rally with its weakest
session since August on Wednesday and could suffer more losses
in coming days as investors faced more signs the economic
recovery is fading.

* The euro strengthened against the greenback on Thursday,
paring losses after Greece's credit rating was cut on Wednesday.



DATA/EVENTS
1230 U.S. Unemployment claims Weekly

1400 U.S. Factory orders April



PRICES
Precious metals prices 0048 GMT
Metal Last Change Pct chg YTD pct chg Volume
Spot Gold 1541.89 1.69 +0.11 8.63
Spot Silver 37.06 0.27 +0.73 20.09
Spot Platinum 1820.24 5.99 +0.33 2.98
Spot Palladium 769.97 3.99 +0.52 -3.69
TOCOM Gold 4029.00 10.00 +0.25 8.05 29310
TOCOM Platinum 4800.00 -18.00 -0.37 2.21 5276
TOCOM Silver 96.70 -3.30 -3.30 19.38 1027
TOCOM Palladium 2020.00 -10.00 -0.49 -3.67 159
COMEX GOLD AUG1 1543.20 0.00 +0.00 8.57 3207
COMEX SILVER JUL1 37.08 -0.62 -1.64 19.83 1589
Euro/Dollar 1.4347
Dollar/Yen 81.09
TOCOM prices in yen per gram. Spot prices in $ per ounce.
COMEX gold and silver contracts show the most active months







(Editing by Ed Lane)

Kali ini, saya ingin berkongsi maklumat tentang jenis-jenis hutang yang terbahagi kepada 2 bahagian iaitu hutang baik dan hutang tak baik. Artikel yang dipetik dari web AKPK ini dapat menjadi panduan untuk kita semua dalam perkara-perkara berhutang. Layan.....

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Adakah jenis “Hutang Baik”? Ya, ada. Hutang ini membolehkan beban kewangan dijelaskan sepenuhnya. Meminjam untuk membeli rumah, pendidikan anak-anak, memajukan kemahiran dalam kerjaya, atau memulakan perniagaan sendiri akan membolehkan anda mendapat faedah kewangan jangka panjang.

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“Hutang Tak Baik” adalah bila anda meminjam untuk sesuatu yang tidak mendatangkan apa-apa feadah kewangan atau barangan tersebut mempunyai jangka hayat yang lebih singkat daripada jangkamasa pinjaman barangan itu sendiri. Ini termasuklah pinjaman untuk bercuti, membeli pakaian, perabut, barangan rumah atau pun makan luar.

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Di dalam proses mengasingkan pekara-perkara negatif berkaitan hutang, kita seringkali beranggapan bahawa berhutang adalah suatu perkara yang tidak berfaedah dan tidak produktif. Semestinya ia tidak benar kerana hutang boleh digunakan secara produktif oleh individu, peniaga mahu pun badan-badan kebajikan.

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Untuk lebih memahami, mari kita lihat takrifan hutang yang produktif dan tidak produktif:

· Jika saya meminjam wang untuk beli satu pengalaman atau benda-benda yang tidak boleh saya bayar, dan menambah hutang dengan caj faedah tinggi, saya telah dibebani dengan hutang tidak produktif.

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· Jika saya meminjam wang untuk memperolehi satu aliran pendapatan yang menyumbang kepada pembayaran balik hutang, seperti pembelian lot kedai untuk disewa (kepada penyewa yang baik, harapnya!), Saya telah menggunakan hutang secara produktif.

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· Jika saya meminjam wang menggunakan akaun margin untuk membuat spekulasi ke atas saham “panas” berdasarkan sembang-sembang/gossip, saya telah melibatkan diri dengan hutang yang tidak produktif dan berbahaya. Kesimpulannya, saya akan kehilangan wang (kebiasaanya) dan masih berhutang.

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· Jika saya meminjam wang untuk membeli rumah, dan bercadang tinggal di rumah tersebut untuk masadepan yang dijangka, sekurang-kurangnya saya mungkin dapat mencapai “pulang-modal” sepanjang masa melalui peningkatan nilai rumah saya. Dalam mana-mana kes, ia akan menyelamatkan saya dari perlu membayar sewa sekiranya tidak membeli rumah, dengan ini, saya telah berhutang secara produktif.

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· Jika saya meminjam wang untuk membeli sebuah kereta baru, dan berhutang lebih daripada 90% nilainya, saya akan terus menjadi tidak menentu dari segi penggunaan hutang jika kereta saya dicuri. Adakah anda sedar yang dalam kebanyakan kes, sebuah kereta susut nilai lebih kurang 1/5th dari nilainya sebaik sahaja bilik pameran ditinggalkan? Sebagai penanggung insurans, mereka hanya membayar nilai pasaran kereta anda pada masa kerugian, kekurangan terpaksa anda tanggung sendiri.

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· Jika saya meminjam wang untuk memulakan satu perniagaan sendiri, saya boleh menghapuskan bunga terhadap pendapatan perniagaan saya yang mana boleh memberikan saya penjimatan cukai. Saya boleh juga menggunakan sejumlah pinjaman bagi mengembangkan lagi perniagaan dan ini adalah merupakan hutang produktif.

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Pinjaman boleh menjadi produktif, sebagai aktiviti yang menjana kekayaan, atau ia akan menjadi pengalaman sebagai “hamba kepada peminjam”. Bijak pandai menggunakan hutang sebagai alat untuk menjana kekayaan, mendapatkan pengecualian cukai atau membesarkan pengurusan hartabenda. Bagi mereka yang kurang arif, kebiasaannya mereka merasakan yang hutang adalah alat untuk mendapatkan sesuatu yang mereka tiada berupaya mendapatkan melalui tabungan atau kesabaran.

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Tidak semua hutang berbentuk tidak produktif. Keupayaan menguruskan kewangan secara berhemah membolehkan kita menjelaskan kadar bunga hutang dan juga membayar pokok nya sekali. Bila kita gunakan kaedah yang sama dalam perniagaan, hasilnya juga adalah sama. Aliran tunai yang dijana daripada hasil pinjaman mestilah mampu mengembangkan aliran pendapatan bagi membolehkan pembayaran balik tuntutan kredit dan pinjaman asal.

Every market is due for a pullback in order to have a healthy adjustment. The uncertainty about the economy’s strength and the fears about rising prices, not to mention worries over global instability, will continue gold’s growth to super heights. Another wild card would be the newly “liberated” Arab nations’ anti-Israeli protests that could ignite turmoil and could send the price of oil and commodities much higher. Markets cannot continue to peak without a correction said President Ron Fricke of Regal Assets.It’s all about perspectives. Smart investors don’t need to second guess that inflation is here and that the world is in turmoil. Besides, you can’t get a handle on US economy issue, because there is no handle.
Specialist gold analyst, Jeffrey Nichols, has continually been ratcheting up the number of reasons he sees for being bullish on gold, however, as he told Mineweb on the sidelines of the New York Hard Assets Conference last week, some of these are expansions of the multitude of factors among them: The U.S. Fed’s policy of an unprecedented level of money creation coupled with zero (or effectively negative) interest rates, the difficulties in reaching agreement on the U.S. budget coupled with enormous U.S. sovereign debt and eroding creditworthiness, the move by Central Banks to become buyers of gold rather than sellers, the onset of vehicles like ETFs which make it easier for the investor to buy gold, plus the increasing acceptance of gold as an investment class amongst major investing institutions, and finally, the limited growth in global mine production of gold .
He reckons gold’s fortunes remain very bright. With all the supportive price drivers ready to burst forth, “look for new all-time highs in the months ahead.” He does stick his neck out on a specific price prediction and reckons “gold has every chance of reaching $1700 by the year end, $2000 in 2012 and “possibly $3000 or even $5000″ before a time when he feels the cycle may eventually reverse later in the decade.”
Source: http://goldcoinblogger.com/price-corrections-are-healthy/

Source: OnIslam
By Dandy Koswaraputra
Many Indonesians see dinars and dirhams as the best way of protection against economic fluctuations.
Seeing it as a source of security amid global economic instability, Indonesians are returning back to traditional Islamic currently in their daily transactions.
“I’ve chosen dinar because of it is safe and stable,” Hardjito Warno explained on Saturday, February 26.
The Indonesian man has been collecting gold dinars as a long-term investment since 2006.
He is now the holder of more than 50 coins in his deposit box, which he sometimes uses for certain purposes, such as paying education fees.
“[The] dinar is very liquid so I can use it for multiple purposes,” Warno said.
Dinar and silver dirham are available in shops in the world’s most populous Muslim country.
For collecting the Islamic coins, Warnoh regularly buys dinars from an agent in Jakarta.
“Sometimes I use dinar for transaction as Rasulallah teaches us,” Warno said.
There are at least 46 coin shops in the capital Jakarta and its surrounding cities, making it accessible for consumers to buy.
“In certain communities and areas the transaction using dinar and dirham have been applied,” he added.
The dinar measures 4.25 grams of gold, while the dirham is 3.0 grams of pure silver.
A golden coin is equivalent to about 582 ringgit (US183 dollars) while the silver coin is worth around 13 ringgit but their values fluctuate according to market prices.
Shield
Some Indonesians see dinars and dirhams as the best way of protection against economic fluctuations.
“I would say those who put billions rupiah of idle money in conventional banks are the losers and oppressors,” Endy Kurniawan, the author of a book titled “Think Dinar” revealed.
For some business people, putting cash in financial institutions is not the best way to invest money due to inflation and tax obligation.
“If we’re putting money in conventional bank then how much it could boost economic growth,” he asked.
The interest rates for depositing money in banks is six per cent a year in average, while the inflation rate in Indonesia is one or two per cent higher, according to the Indonesian Statistic Body.
Gold, which is typically most stable and liquid commodity, has traditionally been favourite jewellery for Indonesian housewives and become the best reliance for Muslims at needy situation, to sell or pawn.
“People have their own logic and consideration to decide, which one is better to protect their assets: holding gold or saving money,” Kurniawan added.
According to him, there is no specific data of how much dinar circulation exists in Indonesia.
Indonesia is the world’s 37st biggest gold reserves country, which is spread in a number of its big islands, such as, Sulawesi, Papua, Sumatra and Borneo; and about 18,500 tons have been produced to be fine gold and jewellery, according to data state own company PT Aneka Tambang.
Some Indonesians see the point of using dinars as part of efforts to uphold Shari`ah (Islamic law).
“It’s even more than investment. It is for upholding Islamic law,” Kurniawan said.
“It’s the weakness of using paper currency; using gold dinar would be fairer,” he added.
Fauzan Al-Anshari, director of the Islamic Study Institute, agrees.
“This is part of upholding Islamic law,” he said.
He hopes that the mushrooming dinar usage in Indonesia will inspire other countries to consider the establishment of using-dinar caucus countries, as a stepping stone of global economic reform.
“I suggest, Indonesia and any other Muslim countries, such as Pakistan, Malaysia, Brunei and Middle East countries to implement the usage of dinar as currency,” he said.
“If we want to be involved in creating economic prosperity then we must start from ourselves.”
Source: http://www.islamicmint.com/news_articles/articles/reverting_to_dinar.html

Significant Events and the Price of Gold in the Last 50 Years
1961: The London Gold Pool was established; U.S. central banks and seven nations agreed to buy and sell gold to support the $35 per troy ounce price established on January 31, 1934
1968: The London Gold Pool was discontinued; the two-tier gold price was established – one tier was for official monetary transactions, the other for open-market transactions
1968: Zurich Gold Pool, a buying cartel created by key Swiss banks, is established, giving Switzerland its dominant financial position in the market
1969: Gold Exchange of Singapore opens; serves as a very important link between Far East countries and London
1971: U.S. President suspends convertibility of dollar into gold; dollar devalued by 7.9%
1973: Official U.S. gold price increased to $42.22 per/oz.; US dollar devalued; two-tier gold price terminated; Organization of Petroleum Exporting Countries (OPEC) oil embargo begins
1974: Hong Kong gold market booms; government restrictions on imports lifted
1975: U.S. citizens allowed to hold gold bullion and gold coins for the first time in 40 years
1978: Middle Eastern investors increase gold purchases with oil profits
1980: Gold price peaks at an historic daily high on January 21
1987: Birth of the London Bullion Market Association (LBMA) establishing criteria for refiners and guaranteeing quality of gold bullion bars throughout the world
1989-1991: Conflict in Persian Gulf; collapse of Soviet Union marking end of Cold War; weak economic growth worldwide
1997-1998: Central Banks of several countries sell large quantities of gold holdings to meet currency criteria for Euro; East Asia suffers economic crisis
2000: China deregulates gold markets; Chinese citizens allowed to buy gold bullion after 50 years of closed markets
2000: USA technology sector and “Dot-com” stock market crash
2001: USA “9-11” terrorist attacks in New York City; gold begins historic rise as investors seek “safe haven” in physical gold
2002: China launches gold market, opening the Shanghai Gold Exchange
2003: Introduction of the Euro devalues the U.S. dollar on the international market; oil prices hit $78/barrel; gold surpasses $350/oz.
2006: Barrick Gold and Newmont Mining predict gold reserves will be depleted in 10 years at current production rates; gold prices surge 20% yearly since 2001 to over $650/oz.
2007: Dubai and Saudi oil producers announce major gold bullion purchases to be stored in Dubai; China announces plan to increase gold bullion purchases with excess cash reserves; Vietnam opens Ho Chi Minh Trading Center, Vietnam’s first gold exchange; Gold demand outpaces supply
2007: China invites five world banks, including HSBC, Societe Generale, and Standard Chartered to join the Shanghai Gold Exchange, opening the exchange to global trading
2008: Gold price breaks through $1,000 barrier in early 2008; China opens Shanghai Futures Exchange placing additional demand on gold supply; oil prices surpass $100/barrel milestone; gasoline hits all-time high in U.S.; U.S. crippled by financial crisis; U.S. Dollar hits new lows

Let's check the price, shall we?

10 years ago, how much was a bar of soap? Now, how much is it?

Don't know?

10 years ago, a bar of soap weight 100g, and selling 3 for RM 1.99

Now? A bar of soap weight 80g, and selling 3 for RM 3.30

How about the price of powdered milk?

10 years ago, a tin of 2.2KG full cream milk powder was selling at RM 15.99

Now? A bag of 1.8KG full cream milk powder is selling for RM 45.99

You have your calculator ready?

Let's find out the REAL INFLATION RATE the Rakyat are facing, from 2001 to 2011.