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Jakarta - After last Friday's price of precious metals bullion owned by PT Antam Tbk (Antam) ride height. Today, the price of gold bullion fell Rp 5.000/gram Antam.
9/30/12
Price Gold Bars Antam 'Fall' Rp 5.000/Gram
Jakarta - After last Friday's price of precious metals bullion owned by PT Antam Tbk (Antam) ride height. Today, the price of gold bullion fell Rp 5.000/gram Antam.
Stocks Overcome Mine Action Selling, JCI Truncated 27 Points
Session I
Jakarta - The Composite Stock Price Index (CSPI) trimmed 27 points hit by profit-taking since this morning. Mining stocks suffered the most in the correction due to selling pressure.
9/29/12
Narendra Modi: Role Model of Governance?
MAKE MONEY BLOG$~Early in August this year, I called somebody I know advises Narendra
Modi, the powerful chief minister of Gujarat. Is there really any merit,
I asked him, in all the fawning over Modi? “Yes,” the advisor replied
without hesitation. “I’ve seen the man in action. He is a visionary. Go
to Gujarat and see. He has cleaned up the administration. Investments
are flowing. He is transforming the state.”
Bernanke Meets an Unwelcome Visitor After QE3 Announcement
MAKE MONEY BLOG$~It’s likely that few people were happy to see the Consumer Price
Index (CPI) report that appeared September 14, but no one should have
been more miserable about it than Ben Bernanke.
Inflation may be the most direct threat to the Federal Reserve’s quantitative easing program, and last Friday’s report signals that inflation could be coming back with a vengeance.
Inflation may be the most direct threat to the Federal Reserve’s quantitative easing program, and last Friday’s report signals that inflation could be coming back with a vengeance.
9/26/12
Tensions China Sea Could Affect Markets
JAKARTA, MAKE MONEY BLOG $ - Tensions rising in the East China Sea. This can affect the perception of risk as well as the new regional capital markets in Asia. Tensions rose in the East China Sea after Japan Coast Guard patrol fired water cannons to dispel the Taiwan fishing boat fleet.
9/24/12
6 top losers JCI shares held Bakrie!
make money blog$~
JAKARTA. Negative sentiment attack domestic stock movement. At the close at 16.00, Composite Stock Price Index (CSPI) is down 1.03% to 4200.914.
Gold will still be sought
MAKE MONEY BLOG$~SINGAPORE. Gold price movement is expected to record an increase in trading today. A number of analysts, one factor that could push the price of gold is investors move to protect their wealth as a result of currency weakening global stimulus application.
9/23/12
Romney’s Taxes Compared With Everyone Else’s
The Romney campaign revealed Friday afternoon
that Mitt Romney and his wife, Ann, paid a 14.1 percent effective
federal tax rate in 2011, paying $1.9 million in taxes on $13.7 million
in income, much of it from investments. (That $13.7 million in income
most likely puts him in the top 0.01 percent of earners, by the way.)
9/21/12
Investing in ORI 009 with 6.25% Interest
Jakarta - The government again issued ORI (ORI) in 2012. Through ORI009 government offered a coupon of 6.25 percent. Targeted government debt instruments that can be sold at Rp 12 trillion.
Spain Ready Given Bailout, Wall Street Still Flat
New York - Wall Street ended flat at the weekend despite lackluster investor bailout for Spain will be the next week. Technology stocks underpinning the stock market thanks to Apple.
9/20/12
Stock option investment managers
JAKARTA. MAKE MONEY BLOG$ ~ Strengthening trend Composite Stock Price Index (CSPI) opportunities for investment managers to enhance their product return. Fund managers begin preparing stock selection strategies, in order to generate the maximum return. One sector that is the choice of infrastructure stocks.
Various U.S. stocks, Apple shares fell below 700 U.S. dollars
NEW YORK, MAKE MONEY BLOG $ - Wall Street ended mixed (mixed) on Thursday (20/09/2012) local time (Friday morning GMT), after poor economic data in the U.S., Europe and China could push the market lower in early trade
Might Distressed Gold Price U.S. Dollar
NEW YORK, MAKE MONEY BLOG $ - gold price movements in trading Thursday (20/09/2012) in New York look down. One reason is the U.S. dollar posted the greatest courage in the majority of the seven-week low against major world currencies.
Site CSR international
Site CSR international and local sites. International site refers directly to agencies that work on CSR issues and or sustainable development.
Still Coal Prices Will Fall Until End of Year
Jakarta
- Coal prices predicted to continue to decline in the second half of
2012 due to the excess reserves of 'black gold' in the world due to
falling demand.
9/19/12
Saudi Arabia Hands Down Mute World Oil Price Surge
Jakarta - Saudi Arabia has offered its key customers in the U.S., Europe and Asia extra oil supplies until the end of the year. It is a signal that the world's biggest oil exporter was worried about the impact of rising prices on the global economy.
Members of the G7 finance ministers last month called for the oil exporters to boost production. Saudi Arabia initially responded to the request with a relaxed, saying that the global supply and demand balance amount.
But recently Arabs already taken steps to reduce prices, consult and offer extra large refining oil supply.
"The price of oil is too high. We want to see oil prices go back to $ 100 per barrel, "said petroleum-based senior officials in Saudi Arabia to the Financial Times, quoted by CNBC (9/19/2012).
Make Money Blog$~Brent prices, global oil benchmark, is up 33% from mid-June to a peak of U.S. $ 117.95 per barrel on Friday. Monday, the price fell nearly U.S. $ 4 in just four minutes, but then managed to get back up.
The Open-Ended Bernanke QE3 Won't Be Open-Ended For Stock Prices And Commodities
Make Money Blog$~Stock prices are up 16% in 2012 while core inflation is only 2%. That is the relationship driving stock prices higher for the time bring. And Fed Chairman Ben Bernanke has promised to keep buying bonds and mortgages until he sees a greater measure of economic growth and job creation.
Steadily growing, Price Gold Bars Antam Up Rp 4.000/Gram
Make Money Blog$ ~ Jakarta - Price Precious metal bullion owned by PT Antam Tbk (Antam) rose in two consecutive days. Today, the price of gold bullion Antam Rp 4.000/gram.
9/18/12
World Crude Oil Prices Down Drastically
Tuesday, September 18, 2012 5:56 pmMAKE MONEY $ BLO, New York: Crude oil prices dipped on Monday (Tuesday morning GMT), amid market speculation that the Obama administration will release strategic reserves to lower gas prices before the election November 6.
At the end of the trading session on the New York Mercantile Exchange (NYMEX), light sweet crude or West Texas Intermediate (WTI) for October delivery fell 4.35 dollars a barrel from Friday's close.
The benchmark contract settled WTI recovered to 2.38 dollars lower at 96.62 dollars per barrel.
In London trade, Brent North Sea crude for November delivery was down 3.23 U.S. dollars to close at 113.79 dollars, after falling as much as 11.50 U.S. dollars from the position Friday.
Analysts scramble to explain the dramatic decline Monday.
"The weakness in crude oil has been linked to a number of factors, including the rumored release of strategic oil reserves (which had been denied by the White House), along with chat 'fat-finger' trade potential 'fat-finger', in combination with light volume and pause rate Technically, "Briefing.com analysts said in a client note.
Market chatter about the strategic oil reserve arises because President Barack Obama faces tough competition for re-election from Republican rival, Mitt Romney, because of the sluggish economy at the top of voters' concerns.
"I think the SPR (strategic petroleum reserves) in the tongue of every person in the White House," said Rich Ilczyszyn, chief market strategist at iiTrader.com.
"Traders on the trading floor did not want to buy a crude oil price of 90 dollars in the U.S. because they are worried about the blow to outwit the SPR release would hit the price," he said.
But Tim Evans at Citi Futures take a broader view of the decrease in the price of a sudden.
"We think this is a 'profit-taking' the bull market being satisfied with small gains since the FOMC announcement on Thursday and the recent protests in the Middle East," said Evans.
Oil prices have surged on Friday to its highest level since early May, after the Federal Open Market Committee (FOMC) announced plans to boost economic growth in the country's largest crude oil consumer in the world. (Ant / RZY)source: www.metrotvnews.com
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9/17/12
JCI Taxable slips 16 pts Profit Taking
Session I
MAKE MONEY BLOG $ ~ Jakarta - Jakarta Composite Index (JCI) fell 16 points, hit by profit-taking in leading stocks, mainly commodity-based and consumer. Euphoria additional stimulus the Fed has begun to fade.
Mark Zuckerberg's Speech Boost Stock Price Facebook
STATEMENT a corporate leader proven to boost the stock price and the value of the company.
9/16/12
Gold Prices Continue 'Shining Light'
New York - The international gold price has not stopped rising. In trading yesterday, the gold price rose to its highest level in six months. Encouraged by the massive stimulus plan from the Fed.
Further Quantitative Easing Will Harm JPMorgan, Others
Maxwell is a member of The Motley Fool
Blog Network -- entries represent the personal opinions of our bloggers
and are not formally edited.
9/14/12
The fate of the European Union's in this guy's hand
MAKE MONEY BLOG $ ~ Brussels - Angela Merkel is probably the most powerful woman in Europe, but this week the chancellor's plans to rescue the European Union is in the hands of Andreas Vosskuhle. Who is he?
Gold Mining Companies Bakrie Keep Abundant in Gorontalo and Newmont
MAKE MONEY BLOG $ ~ Jakarta - After announcing the potential gold and copper ores in Gorontalo amounted to 292 million tons, PT Bumi Resources Minerals Tbk (BRMS) received a positive recommendation from the analysts. Despite of all concessions held by BRMS, only the Batu Hijau mine PT Newmont Nusa Tenggara (NNT) has been produced.
9/13/12
Price Gold Bars Antam Up Rp 12.000/Gram
BLOG MAKEMONEY $ ~ Jakarta - Price Precious metal bullion owned by PT Antam Tbk (Antam) riding high these days and a new record. The increase in the price of gold bullion reached Rp 12.000/gram Antam in a day.
Apple Shares Could Translucent Rp 15 million / Sheet in 3 Years
MAKE MONEY BLOG $ ~ San Francisco - Apple has just released its latest smartphone, iPhone 5. Its stock is predicted to rise three-fold in the long run.
U.S. stocks ended firmer, Investors Expect Stimulus
MAKE MONEY BLOG $, Jakarta: At the close of trading on U.S. exchanges Wednesday (12/9) early this morning there was an increase which is quite good. Stock markets rallied after yesterday weaken.
9/12/12
Wall Street Uphill Powered Technology Stocks
MAKE MONEY B; OG $ ~ New York - Wall Street stock markets closed positive following the strengthening of the European markets after a German court agreed to give a bailout for the EU debt crisis.
Goldman's QE3 Shopping List: Stocks For When Bernanke Starts Buying Bonds
Opinions are still somewhat split on just what the Federal Reserve will decide to do at a two-day meeting that wraps up Thursday, but the general consensus seems to be that Chairman Ben Bernanke and his colleagues will announce a third round of asset purchases.
The Price Of Oil Is The New Economic Spoiler
MAKE MONEY BLOG$~The charts below — provided by Ruchir Sharma, Morgan StanleyHead of Emerging Markets and Global Macro — prove without a doubt that rising oil prices due to QE1 and QE2 act like rising interest rates– and stall the economy into recession.
QE3 or not, what is the effect for the gold?
MAKE MONEY BLOG$, SINGAPORE. Gold was steady at around its highest price in six months. Investors are still waiting for news of Germany's decision on the European emergency fund and the Fed meeting. The weakening dollar since yesterday also supported the yellow prowess.
Reinforcement Wall Street Supports Increase in Index?
MAKE MONEY BLOG $, Jakarta - The U.S. dollar Wall Street overnight as investor optimism ahead of Germany's highest court and the U.S. Federal Reserve meeting (the Fed) can provide support for rising stock price index (CSPI) Indonesia Stock Exchange today.
ECB so single 6000 European bank supervisors
MAKE MONEY BLOG $, STRASBOURG. The European Central Bank or the European Central Bank (ECB) will be the primary supervisor for all banks in the euro zone for a total of 6,000 banks. This plan will apply in 2014 and will be a stepping stone towards full union banking establishment.
Bapepam Revoke Permit Six Securities Company
MAKE
MONEY BLOG$, Jakarta - The Capital Market Supervisory Agency and
Financial Institution license revoked six securities companies. After revocation, Bapepam prohibits the six companies that operate more effect in Indonesia capital market.
The six securities companies are PT TransAsia Securities, PT RBS Asia Securities Indonesia, PT Commonwealth Securities, PT Sarijaya Permana Securities, and PT Optima Kharya Capital Securities. RBS has two licensed as an underwriter and as a broker.
The Chairman said Ngalim Sawega revocation PT TransAsia Securities due has diverted the rights and obligations to PT TransAsia TransAsia Asset Management. "So we deemed it necessary to revoke the business license TransAsia as an investment manager," he said in the announcement Ngalim Bapepam, Wednesday, September 12, 2012. Revocation of business licenses come into force since 29 August.
RBS Securities Indonesia PT, formerly known as PT HG Asia Indonesia license has been revoked as an underwriter. Similarly, a business license RBS Securities Indonesia as a stockbroker formerly known as PT Inti Securindo Orientama. This was decided after the company doing general meeting of shareholders (AGM) on June 20, 2012. Bapepam ultimately revoke the business license of RBS Securities in Indonesia since August 7, 2012.
He said, the day prior to the effective revocation RBS Securities in Indonesia, Bapepam also revoke the business license of PT Commonwealth Securities. After that, the company is prohibited from conducting business as an intermediary trafficking in effect. The Company is also required to complete its obligations to the other party.
Of the six companies whose business license revoked, Sarijaya Permana Securities has the longest record of Bapepam. Sarijaya pulled down because of misappropriation of customer funds of Rp 300 billion. Bapepam also noted, Sarijaya no longer have a board of directors and employees to run the operations and administration offices.
Since 2009 until today, Sarijaya as investment manager no longer submit monthly activity reports. This contradicts with Bapepam-LK No. XNI Monthly Activity Reports Investment Manager. The company also did not submit a report NAWC (adjusted net working capital) for the period March 2012. "PT Sarijaya also no longer has funds under management, whether in the form of CIC Investment Fund and Fund Management Contracts," said Ngalim.
While other securities companies, namely PT Optima Kharya Capital Securities license has been revoked for not having clarity in business continuity. Conditions office is not equipped with the company's identity. While directors and commissioners are not in the office. "Optima also has no employees," he said.
PT Optima Kharya also fail to report adjusted net working capital (NAWC) in the period March to June 2012. In fact the company no longer has assets under management in the form of collective investment contracts (KIK) Mutual Funds and fund management contract (KPD) since April 2008. With that information, Bapepam revoke business licenses from August 16.source: tempo.coHoly DECILYA
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The six securities companies are PT TransAsia Securities, PT RBS Asia Securities Indonesia, PT Commonwealth Securities, PT Sarijaya Permana Securities, and PT Optima Kharya Capital Securities. RBS has two licensed as an underwriter and as a broker.
The Chairman said Ngalim Sawega revocation PT TransAsia Securities due has diverted the rights and obligations to PT TransAsia TransAsia Asset Management. "So we deemed it necessary to revoke the business license TransAsia as an investment manager," he said in the announcement Ngalim Bapepam, Wednesday, September 12, 2012. Revocation of business licenses come into force since 29 August.
RBS Securities Indonesia PT, formerly known as PT HG Asia Indonesia license has been revoked as an underwriter. Similarly, a business license RBS Securities Indonesia as a stockbroker formerly known as PT Inti Securindo Orientama. This was decided after the company doing general meeting of shareholders (AGM) on June 20, 2012. Bapepam ultimately revoke the business license of RBS Securities in Indonesia since August 7, 2012.
He said, the day prior to the effective revocation RBS Securities in Indonesia, Bapepam also revoke the business license of PT Commonwealth Securities. After that, the company is prohibited from conducting business as an intermediary trafficking in effect. The Company is also required to complete its obligations to the other party.
Of the six companies whose business license revoked, Sarijaya Permana Securities has the longest record of Bapepam. Sarijaya pulled down because of misappropriation of customer funds of Rp 300 billion. Bapepam also noted, Sarijaya no longer have a board of directors and employees to run the operations and administration offices.
Since 2009 until today, Sarijaya as investment manager no longer submit monthly activity reports. This contradicts with Bapepam-LK No. XNI Monthly Activity Reports Investment Manager. The company also did not submit a report NAWC (adjusted net working capital) for the period March 2012. "PT Sarijaya also no longer has funds under management, whether in the form of CIC Investment Fund and Fund Management Contracts," said Ngalim.
While other securities companies, namely PT Optima Kharya Capital Securities license has been revoked for not having clarity in business continuity. Conditions office is not equipped with the company's identity. While directors and commissioners are not in the office. "Optima also has no employees," he said.
PT Optima Kharya also fail to report adjusted net working capital (NAWC) in the period March to June 2012. In fact the company no longer has assets under management in the form of collective investment contracts (KIK) Mutual Funds and fund management contract (KPD) since April 2008. With that information, Bapepam revoke business licenses from August 16.source: tempo.coHoly DECILYA
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9/11/12
Gold Prices Down Rp3.000 per Gram
Gold price in Singapore market rose by 0.2 percent.
MAKE MONEY BLOG $ - Gold investors back into the game trying to avoid risk. Anticipation investors as planned meeting U.S. central bank or the Federal Reserve and the decision of the German Constitutional Court relating legality of bailouts.
MAKE MONEY BLOG $ - Gold investors back into the game trying to avoid risk. Anticipation investors as planned meeting U.S. central bank or the Federal Reserve and the decision of the German Constitutional Court relating legality of bailouts.
9/10/12
China's exports shrink in sign downturn worsening
MAKE MONEY BLOG$~China's imports shrank unexpectedly in August in a sign its economic
slump is worsening and the Chinese president warned growth could slow
further, prompting expectations of possible new stimulus spending.
9/9/12
As Sales Decelerate In China, Alibaba Sharpens Its Toolbox
MAKE MONEY BOLG$~One trillion is a Very Big Number. It happens to be Alibaba Group’s
forecast (in renminbi) for online merchandise sales in 2012. In dollar
terms, we’re talking $160 billion in business-to-consumer e-commerce,
almost all of it from one country, China.
Where JCI last move tomorrow?
MAKE MONEY BLOG $ ~ JAKARTA. Decision
council meeting European Central Bank (ECB) at the weekend gave a boost
to world stock markets significantly bullish last week.
The S & P advanced to its highest point since 2008?
NEW YORK. The strengthening of the U.S. market during the week led the Standard & Poo's 500 Index to its highest level since 2008. Strengthening this speculation disbursement of stimulus by the Federal Reserve and the European Central Bank's decision to buy bonds from countries that are caught in the debt crisis.
9/8/12
European Central Bank Announces Bond Purchase Plan?
MAKE MONEY BLOG$: European Central Bank (ECB) said it set a limit on the amount of bonds to be bought, which is the latest attempt to resolve the crisis that has lasted three years.
9/7/12
Jakarta - U.S. stocks moved up ahead of this weekend's closure. The S & P rose as high as 14% and at the highest level since last four years. Throughout 2012, the rise in the S & P considered agreasif and at the close of the last trading perched at the level of 1437.92, up 5.8 points over the previous day. Not only the S & P were to rise, this trend also occurred in the Nasdaq and Dow Jones. Nasdaq rose 0.61 points to 3136.42 while the Dow Jones has appreciated 14.64 points to 13306.64. The market responded positively to the intention of the European Central Bank or the European Central Bank (ECB) to buy the debt of European countries on the brink of crisis. The Fed also responded to this with the intention of giving stimulus, as a concrete form of the U.S. economic recovery. But market confidence is not in line with Adam Parker, stock analyst who believes the S & P will only survive at the level of 1214 or 15% lower than the current position. Ombang-udder index performance is understood as uncertainty persists in the upcoming November presidential elections, and determine the future of Europe. "We are targeting the S & P at 1450 levels this year and I believe it," said Chief Investment Officer of Harris Private Bank in Chicago, Jack Ablin as reported by Reuters on Saturday (08/09/2012).
MAKE MONEY BLOG$~Jakarta - U.S. stocks moved up ahead of this weekend's closure. The S & P rose as high as 14% and at the highest level since last four years.
Greece to mull cutting bailout officials' wages
9/6/12
Bernanke's Plain Vanilla Portfolio Worth At Most $2.3M While Other Fed Officials Hold Gold And Uranium
MAKE MONEY BLOG$~For one of the few men holding the monetary reigns of the world, Federal Reserve Chairman Ben Bernanke is a very basic investor. In a disclosure for 2011 released on Thursday
Asian stocks Clear, Translucent JCI 4102
MAKE MONEY BLOG$~Jakarta - The Composite Stock Price Index (CSPI) rose 27.505 points, or 0.67%, at 4102.857 after opened at 4083.657.
Meanwhile, the rupiah against the U.S. dollar (U.S.) closed unchanged at Rp 9590 per position the same as the position of the U.S. dollar at the close of trading yesterday.
Lots of action Buy, JCI Drove 45 Points
session I
Jakarta - The Composite Stock Price Index (CSPI) drove 45 points following widespread buying in leading stocks. But unfortunately, the index is still behind the pace of appreciation in the Asian market is very high.
Opening morning trading, stock index increased 33.330 points (0.81%) to a level of 4136.187 and continues to climb. Plan of the European Central Bank (ECB) to buy up European sovereign crisis is making investors more spirit.
The positive sentiment that made market participants more the spirit of hunting stock. All layers share a target, especially leading stocks are subject to correction yesterday.
At the closing session of trading on Friday (07/09/2012), JCI drove 45.949 points (1.12%) to a level of 4148.806. While the LQ45 index rose 8.712 points (1.24%) to a level of 712.243.
So far, investors refrain from transactions due to the world economic situation is not conducive because of the EU debt crisis. After the appointment of the ECB to undertake all efforts against the crisis, investors immediately began hunting stock.
MAKE MONEY BLOG$~Index did not touch the red zone on the trade this time. The highest position that can be achieved today in the position of 4151.552. All sectors on the trading floor was verdant due to buying it.
Jakarta - The Composite Stock Price Index (CSPI) drove 45 points following widespread buying in leading stocks. But unfortunately, the index is still behind the pace of appreciation in the Asian market is very high.
Opening morning trading, stock index increased 33.330 points (0.81%) to a level of 4136.187 and continues to climb. Plan of the European Central Bank (ECB) to buy up European sovereign crisis is making investors more spirit.
The positive sentiment that made market participants more the spirit of hunting stock. All layers share a target, especially leading stocks are subject to correction yesterday.
At the closing session of trading on Friday (07/09/2012), JCI drove 45.949 points (1.12%) to a level of 4148.806. While the LQ45 index rose 8.712 points (1.24%) to a level of 712.243.
So far, investors refrain from transactions due to the world economic situation is not conducive because of the EU debt crisis. After the appointment of the ECB to undertake all efforts against the crisis, investors immediately began hunting stock.
MAKE MONEY BLOG$~Index did not touch the red zone on the trade this time. The highest position that can be achieved today in the position of 4151.552. All sectors on the trading floor was verdant due to buying it.
9/5/12
Ahead of ECB Meeting, Wall Street Ends Flat
MAKE MONEY BLOG$~New York - Wall Street stock market trading was quiet for a second day. Investors do not want to take risks ahead of a key meeting European Central Bank (ECB), which could spawn a new policy in the fight against local debt crisis.
TPIA shares shot up plans bond buyback
MAKE MONEY BLOG$~JAKARTA. Shares of PT Chandra Asri Petrochemical Tbk (TPIA) was streaked 6.12% today after the company announced plans to buy back bonds worth U $ 185 million.
Why Gold Investment Increasingly Popular?
MAKE MONEY BLOG$~Jakarta: Gold investment increasingly popular. Financial planners Gozali Ahmad said the popularity of gold lies in the stability of the price movements and the risks are small. So that gold be chosen by the public than other investments, such as stocks.
9/4/12
Moody's Debt Rating Lower the European Union
JAKARTA, MAKE MONEY BLOG $ - Ratings agency Moody's Investors Service downgraded the long-term debt rating to negative European Union. This reflects the risks faced by Germany, France and the United Kingdom whose earnings reached 45 percent of total revenue in the European region.
Analyst: Gold Moves in Level Up
JAKARTA,
MAKE MONEY BLOG $ - Gold prices remained at high level since there is
hope that the stimulus will be launched from two world's central banks,
the U.S. Federal Reserve and European Central Bank.
9/3/12
Lujiazui Breakfast: News And Views About China Stocks -- Aug. 29
Investors in China’s main financial district are talking about the following before the start of trade today:
Prepare, predicted gold will go much higher
MAKE MONEY BLOG$~LONDON. Gold futures predicted will continue to record. Speculation is caused by the possibility of flushing quantitative easing 3 (QE3) by the Federal Reserve to revive the U.S. economy. Conditions that could potentially boost demand for gold as a hedge of wealth.
"The central bank's monetary intervention in 2012 could trigger a rise in gold prices higher," said Patrick Legland, global head of research at Societe Generale SA.
As reported earlier, on August 31, the head of the Federal Reserve Ben S. Bernanke said that flushing the additional stimulus is likely to be done to strengthen the recovery process of U.S. economists. On the same day, the price of gold in the spot market rallied 2.2%. This is the biggest daily gain in two months.
In addition, China manufacturing data recorded contraction for the first time in nine months in August. These data add to signal a slowdown in growth as a result of demand terpangkasnya European debt crisis.
The same thing also expressed by Andrey Kryuchenkov, analyst at VTB Capital. He said gold prices will climb higher still. However, "Profit taking is likely to occur after gold hit highs. Entire focus will be on Europe," he explained.
Record, at 09:28 pm London time, the contract price of gold for quick delivery record is not much change in the position of U.S. $ 1,690.25 per troy ounce. In previous transactions, the same contract was perched at U.S. $ 1,693.03, the highest level since March 27.
Meanwhile, the price of gold futures for December delivery rose 0.3% to U.S. $ 1,692.30 per troy ounce on the Comex in New York.
source: kontan.co.id
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"The central bank's monetary intervention in 2012 could trigger a rise in gold prices higher," said Patrick Legland, global head of research at Societe Generale SA.
As reported earlier, on August 31, the head of the Federal Reserve Ben S. Bernanke said that flushing the additional stimulus is likely to be done to strengthen the recovery process of U.S. economists. On the same day, the price of gold in the spot market rallied 2.2%. This is the biggest daily gain in two months.
In addition, China manufacturing data recorded contraction for the first time in nine months in August. These data add to signal a slowdown in growth as a result of demand terpangkasnya European debt crisis.
The same thing also expressed by Andrey Kryuchenkov, analyst at VTB Capital. He said gold prices will climb higher still. However, "Profit taking is likely to occur after gold hit highs. Entire focus will be on Europe," he explained.
Record, at 09:28 pm London time, the contract price of gold for quick delivery record is not much change in the position of U.S. $ 1,690.25 per troy ounce. In previous transactions, the same contract was perched at U.S. $ 1,693.03, the highest level since March 27.
Meanwhile, the price of gold futures for December delivery rose 0.3% to U.S. $ 1,692.30 per troy ounce on the Comex in New York.
source: kontan.co.id
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These 8 new companies that will listing in semester 2
MAKE MONEY BLOG$~JAKARTA. Eight pipe line companies entered the IPO (initial public offering / IPO) Indonesia Stock Exchange in the remaining half of the year. Director of Corporate Valuation IDX Hoesen said, the eighth such issuer has received permission from the IDX preliminary contract.
China is at the end of the financial crisis?
MAKE MONEY BLOG$~BEIJING. The global economy has not shown a positive signal. In addition to Europe, one of the indications of slowing global economic growth in China is dropping.
9/1/12
Gold Prices Rise, Bernake Responds to Comment?
MAKE MONEY BLOG$~SINGAPORE - Gold prices rose two per cent to the highest level in five months, and seem to continue to rally like last year. Speech by Federal Reserve chairman Ben Bernanke to be the key rising gold prices in the global market.
There Is No Holiday From Facebook's Stock Fiasco
MAKE MONEY BLOG$~For Facebook employees whose shares are locked-up, November can’t
come fast enough. That’s when they will finally be able to sell their
Facebook stock, only who knows how much those shares will be worth by
then.
Bernanke On The Offensive: QE Added More Than 2 Million Jobs, Pushed Up GDP By 3%
MAKE MONEY BLOG$~It has been an obsession of anyone who follows financial markets to
try to figure out what is going on inside the Fed Chairman’s head. On
Friday, Ben Bernanke
was very explicit about what he calls unconventional monetary policy
(and we call QE), breaking down exactly how it works and how effective
it’s been. At the end of the day, said the bearded academic, two rounds
of quantitative easing helped the economy add more than two million
jobs and pushed real GDP up by almost 3%.
