ThxPORTAL - My OnlinE InvestmenT ProgresS

I was confident that the Fed had already begun printing. That seemed quite evident by the overall action in the commodity markets, the dollar, and the fact that stocks were unable to correct in the normal timing band for a daily cycle low. However, I didn’t really expect Ben would come out and publicly admit it. That one took me by surprise Thursday. I guess Bernanke wants to get full value for his attack on the dollar and make sure...

Anthony Migchels – Real Currencies August 25, 2012How do we know this?Consider a mortgage. We borrow $200k, and after 30 years we will have payed about $500k. So we pay $300 thousand dollars interest over the loan.What would happen with our purchasing power, if we only needed to repay the principal? It would mean we would have 10.000 per year more purchasing power during the 30 years we repay the mortgage.Our credit would greatly improve, because our liabilities would be much smaller.Interest is payed to those who have money,...

Aug 06, 2012 - 03:38 PM By: Graham_Summers Stock-Markets Best Financial Markets Analysis ArticleMany people have been writing in to ask me, “why are you focusing on Europe so much? Who cares about Spain?” The short answer is that everyone should care about Spain. Spain could potentially take down the banking system in Europe, which would mean the US facing a Financial Crisis at least on par with 2008. How would this unfold? To understand this, you need to understand how the European banking system works. By now everyone...

SONGKLA (Thailand), July 9 (Bernama) -- Yayasan Pembangunan Islam Malaysia (YaPEIM) or Foundation for Islamic Development Malaysia, will be raising the funds for Ar-Rahnu financing to RM1 billion next year from RM800 million this year. Its Director General, Datuk Dr. Abd. Malek Awang Kechil, said the move to increase funds was based on the rising demand from traders for the Islamic based mortgage product, particularly from operators of small enterprises. "YaPEIM's Ar-Rahnu has received encouraging response due to its...

KUALA LUMPUR: Malayan Banking Bhd (Maybank) aims to attract RM32 million in the first year for its new product that allows investors to invest in silver.The banking group is the first in the country to offer a silver investment passbook account, which allows deposits and withdrawals in the precious metal to be made at a daily price in ringgit.Maybank said in a statement yesterday that this could be done at any of its branches, without the hassle of keeping the physical silver.The product, known as the Maybank Investment...

Pos Malaysia Bhd (Pos Malaysia) and Bank Muamalat Malaysia Bhd (BMMB) today signed a strategic partnership agreement to offer Islamic pawn broking (Ar-Rahnu) services to the public at selected Pos Malaysia outlets nationwide. Its chief executive Khalid Abdol Rahman said the ArRahnu@POS service would initially commence operations at Pos Malaysia Bandar Baru Bangi and the Kuala Terengganu General Post Office next month. The services...

"The crash is over", says an economist. "Housing can only go up," says another. "I think the market has bottomed out," says one builder. "It appears we have turned the proverbial corner," says a second. After hitting a low with stocks in March 2009, U.S. single family building permits rallied in three waves into March 2012. The latest high is more than 65% below the September 2005 peak. A MarketWatch commentary insists,...

Spain is a catastrophe on such a level that few analysts even grasp it. Indeed, to fully understand just why Spain is such a catastrophe, we need to understand Spain in the context of both the EU and the global financial system. The headline economic data points for Spain are the following: Spain’s economy (roughly €1 trillion) is the fourth largest in Europe and the 12th largest in the world. Spain sports an official...

Malaysia - Exchange Rate Policy - Nov 10 2011 MALAYSIA CURRENCY FORECAST Spot Ave-11 Ave-12 MYR/US$ 3.1200 3.1100 3.1800 MYR/EUR 4.2714 4.4500 4.3800 Overnight Policy Rate (%) 3.00 3.00 3.00 ...

Myanmar - Economic Activity - Dec 06 2011 BMI View: On the heels of recent surprisingly fast-paced reforms, potential opportunities for Myanmar's economy are perhaps the highest they have been in over five decades. Moving forward, the economy could be set for a boom period in real estate, tourism, construction, and exports, but much will depend on the government's continued push towards reform and the eventual lifting of stifling...

Iraq - Fiscal Policy - Nov 10 2011 BMI View: Iraqi Finance Minister Rafi al-Eisawi's plan to reduce the budget deficit by two-thirds, which relies on increasing oil exports and privatising state-owned enterprises, is feasible but will require a significant degree of political will in order to reform the business environment. Given our view that political instability will retard the pace of reforms, we maintain our budget deficit...

Iraq - Exchange Rate Policy - Nov 10 2011 BMI View: There is a strong case to be made in support of the argument for a devaluation of the Iraqi dinar, including improved fiscal dynamics, greater reserve accumulation, and export competitiveness. However, we believe political and other considerations in support of the current peg of IQD1,170/US$, including inflation and social stability, will prevail over the medium term.   We...