ThxPORTAL - My OnlinE InvestmenT ProgresS

“Dan setiap umat mempunyai kiblat yang dia menghadap kepadanya..Maka berlumba-lumbalah kamu dalam amal kebaikan(kebajikan), dimana saja kamu berada, pasti Allah akan mengumpulkan kamu semuanya, sungguh Allah maha kuasa akan segala sesuatu..”  (al-Baqarah : 148) “Wahai orang-orang yang beriman, rukuk serta sujudlah (mengerjakan solat) dan beribadatlah kepada Tuhan kamu (dengan mentauhidkan-Nya) serta kerjakanlah amal kebajikan, supaya...

KUALA LUMPUR: The Employees Provident Fund (EPF) will revise upwards the basic savings quantum of its members to RM196,800 by the age of 55 effective January 1 2014, to ensure enough savings to finance their retirement needs. The new quantum will be equivalent to RM820 a month for 20 years from age 55 to 75.The current basic savings amount, which was set in 2008, is RM120,000 at the age of 55.“The new rates are benchmarked...

Gold has faced stiff headwinds lately as investors abandon alternative investments to chase record-high stock markets.  Probably the most significant has been the major selling hammering the flagship GLD gold ETF.  It has suffered such intense differential selling pressure that its custodians have been forced to dump enormous quantities of physical gold.  What are the implications of this flood of new supply? The...

January 9, 2013 We’ve now have just a little over 30 days until US breaches its debt ceiling. We would have already done so, except Treasury Secretary Tim Geithner borrowed some $200 billion from emergency funds to buy a few weeks’ time (announcing that he’d be leaving his post before the actual ceiling was breached). The “solutions” to the debt ceiling discussions range from outright insane ($1 trillion coins) to just staggeringly...

With 2013 now under way, the Godfather of newsletter writers, Richard Russell, told his subscribers that after being in the business for 60 years, he has never seen anything like this (described below).  Russell also discussed the massive silver short position and gold’s eternal value.  Here is what Russell had to say: “Bull market or bear market?  Below we see a listing of the year-end...