Marc Faber thinks that the Fed would embark on more quantitative easing (aka print more money) in September or October:
Jim Rogers says to buy silver as it is 70% below its all time high:
Jim Rogers also mentioned that sugar is a good investment because a lot of it is being used in the production of alternative fuel. Now, with the US limiting offshore drilling for crude oil, shortages might develop and that could mean higher crude oil prices in future. I would keep an eye on CPO price which has been recovering strongly lately. That affects CPO counters like Golden Agriculture.
Related posts:
Gold or silver?
Why Golden Agriculture?
FAKE ASSI AK71 IN HWZ.
Featured blog.
1M50 CPF millionaire in 2021!
Ever since the CPFB introduced a colorful pie chart of our CPF savings a few years ago, I would look forward to mine every year like a teena...
"E-book" by AK
Second "e-book".
Another free "e-book".
4th free "e-book".
Financially free and Facebook free!
Subscribe To ASSI
Posts
Comments
Monthly Popular Blog Posts
-
In recent times, I have found it much easier to talk to myself on YouTube. It is faster than blogging. This explains the greater number of v...
-
Another quarter has gone by and it is time for another update. For a change, I will reveal the numbers first. 3Q 2024 passive income: $85.2...
-
For those of you who follow me in my YouTube channel, you would know that something unfortunate happened recently to my father. So, I expect...
-
It has been more than a week since my last blog post. Things have settled into a new normal for me. In this new normal, my expenses have inc...
-
With DBS, OCBC and UOB doing so well in 3Q 2024, I had to take time off from gaming to produce a series of videos. For those of you who do n...
All time ASSI most popular!
-
A reader pointed me to a thread in HWZ Forum which discussed about my CPF savings being more than $800K. He wanted to clarify certain que... -
The plan was to blog about this together with my quarterly passive income report (4Q 2018) but I decided to take some time off from Neverwin...
-
Reader says... AK sifu.. Wah next year MA up to 57200... Excited siah.. Can top up again to get tax relief. Can I ask u if the i...
-
It has been a pretty long break since my last blog. I have also been spending a lot less time engaging readers both in my blog and on Face...
-
I thought of not blogging about my 2Q 2020 passive income till a couple of weeks later because Mod 19 of Neverwinter, Avernus, just went liv...
Bloggy Award
2 comments:
Hi there,
CPO has piqued my interest. what's your take on it for now?
-ong
Hi Ong,
CPO has broken out of its multi months downtrend but it remains to be seen if this is a rebound from oversold levels or if it would power ahead to form a new high.
It did form a double top at about RM2,700. The two tops were formed late last year and early this year. Double tops are bearish.
Fundamentally, I see demand for CPO to remain strong as a vegetable oil as well as an alternative fuel but the supply side is a wild card. If supply remains tight, that is good news for price. Otherwise, price could soften.
Post a Comment