Monday 27 March 2023

Gold is God's money and will stood the test of time.

 In the event of anti christ, only gold and silver will survived.


Price of gold

= gold price x USD conversion rate.


So, if Ringgit weaken, gold price up as USD conversion price appreciate. 


If USD drop, gold will up as gold become cheaper relatively for foreign buyer and there will be more demand for Gold. So, Price of gold up too.


Unless, if USD strengthen relative to a basket of international currency and ringgit strengthen more than USD, we enter catch 99 and gold price will drop as the demand for gold reduce and appreciating ringgit is not supportive of gold price in the local ringgit. 


Gold had stood the test of time since time immemorial.


Gold and silver is God's money

Moral of the story: Bless is those who can predict the future as it is better 20 years early rather than 1 day late.


Be Bless, 


Dr. Lion. 

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