Saje je masukkan gmbr lama kat sini..hehe! Kenangan terindah zaman dulu2...ni kat pantai Kuala Abang...lebih kurang 50 minit dr bandar Kt...passenger lebih kurang 9 org dlm keta TN 4996...bwk punya lah slow x lebih 80 km/j sebab belum smpi mileage 1st 1000 km:) Pegi kuala abang ni pun sbb nak bg cepat sikit lepas 1000km tu...

“Silver Will Hit New Highs in a Matter of Weeks” - James Turk( Founder of Goldmoney.com )

May 9 (King World News) Silver’s price drop last week has been variously called historic, extraordinary and unprecedented. It was none of those, as is clear from the following chart (above). We’ve been here before, note the four red ovals. All four outline similar drops in price over short periods of time.

This chart is prepared on a log scale so that the distances shown on the chart can easily be compared in percentage terms. In other words, last week’s drop in the silver price from near $50 is essentially no different in percentage terms from the drop that occurred once $15 was approached in 2006 or the drop after $8 was reached in 2004. In both of these prior instances, silver bottomed after the drop, marking a level from which it climbed to eventually make a new high.

The drop in silver’s price in 2008 was different. Silver continued lower, breaking down from the red oval, but we all know why that happened. Lehman Brothers had collapsed, and in the subsequent rush for liquidity, every asset class was hit – even gold and silver. It was a classic example of the ‘baby being thrown out with the bath water’.

So what is ahead for this current correction? Repeats of 2004 and 2006, or another 2008? My guess is none of the above. It took several months after these three previous corrections before silver climbed above the high price that preceded the correction. This time I expect silver will take only several weeks before exceeding $49.78, the 31-year high reached on April 25th. The reason?

As evidenced by silver’s backwardation, which began in January and continues to this day, the demand for physical silver has really accelerated. As a result of last week’s price decline, backwardation has roughly doubled in size. This is clearly a a signal of strong demand for physical silver, and further evidence of a point I have been making for some time, that the paper silver market is losing its significance as a price discovery mechanism.

Silver to outperform gold in 2011 - Eric Sprott (MineWeb.co)

...silver promises to outshine gold over the coming years, Sprott says. "Silver is the poor man's gold. Gold has had a great run for the past 11 years. But I absolutely believe that silver will outperform gold this year. Currently, there's more investment dollars going into silver than into gold."

Such a game-changing scenario should recalibrate the gold to silver pricing ratio in silver's favor, thereby eventually restoring it to its traditional level of about 16 to 1, he says. "It's the easiest call of all time."

"Silver as a currency always traded in a ratio of around 16 to 1 compared to gold, when it was a currency in the U.S. and the U.K. The current ratio is 48 to 1. If we go back to a 16 to 1 ratio, the implied price for silver would be $85.62 (per ounce)." he adds.

"On that basis, if gold goes to $1,600, then that would value silver at $100. And we certainly think that gold is going to $1,600. In fact, I'm willing to bet that this ratio will overshoot on the downside. It might even get to 10 to one."

The only reason why silver is still trading at a 48 to 1 ratio to bullion's spot price is that its price is being "manipulated" by big banks, Sprott says. That's because they don't want precious metals to become a popular alternative currency to Fiat money (currencies that are not backed by hard assets).

"Then there's also a huge short position out there on silver," he adds.

But time is on silver's side, he says, as the sovereignty debt crisis deepens in Europe and a continued policy of qquantitative easing in the U.S. continues to undermine the value of the greenback.

Don't Panic...Mike Maloney latest video on silver...

Latest video about silver shakeout...by Mike Maloney...Tq Mike:)

comemokbookstore...

like reading books?? welcome to my bookstore ( comemokbookstore )...blh try lihat link di bawah dan buat pilihan buku yang berkenan dihati:) Just list down the book titles and code...let me do the ordering for you!! As simple as that..hehe! Just wait for the courier man to knock on your door the following week:) Happy reading!!!

silver....

“I still own my silver. I am not sure if I would buy it today as it has gone up so much so fast, but I am not selling it and if it goes down, I will buy more silver. Likewise for the rice, if rice goes down, I will buy more rice. So both the silver and rice have a great future for the next few years,” Rogers added.

article from : goldsilver.com

Like his statement very much:) I follow!( tiru kak engku Sinar fm )

Komisyen oooh komisyen....

" x blh letak beg kat bwh! Semua bwk naik atas!" Gerammnya rasa...Hak penumpang dinafikan demi kepentingan peribadi! Hello brader...kitaorg bukan naik bas free tau!! RM 44.10 (bukannya sikit tu)...terpaksa la bwk naik beg smpi memenuhi ruang letak kaki...sabar je la.. x smpi 10 min...bas berhenti..bukan..bukan ambik penumpang tp ambik barang!! Hmmm...dah agak dah...betul kata Kak Da...nanti mu amik gambo mek...haha! Mmg hajat nak amik gambo tp gelap la pulok...Hampir separuh muatan lori kecik diorang isi bungkusan keropok lekor dlm ruang bagasi beg penumpang...patut la x bg letak beg kat bwh...Demi kerana komisyen bwk brg org, sanggup diorang ketepikan hak penumpang...Ntah la apa nak jd dgn org kita ni...lu pikir sendiri la braderr..x pasal2 duit halal jd duit tuuttt...adiooooss!

Batik day...

Today ke pasar payang cari batik sutera dan batik empat lapis...hehe! batik lepas lah...dah mahal rupanya harga kain batik lepas 4 lapis ni...ambil la dalam 3 helai dan terus hantar jahit ke rumah cg shukri...upah rm 2 per piece:) dah siap utk dipakai...Malam ni dah nak blk jb...banyak tugasan menanti di sekolah:( "Ya Allah Kau permudahkanlah segala urusanku...Sesungguhnya mempermudahkan segala perkara yang susah adalah mudah bagiMu" Ameen Ya Rabbal "Alameen...

Bayu laut cina selatan...

makan2 lg:)... this time at Mengabang Telipot Beach...hehe! Apa lagi ikan celup tepung la...best jgk tempat tu...betul2 tepi pantai...bayu laut cina selatan bertiup lemah gemalai dengan panorama yang begitu mengasyikkan...berlatarkan Pulau Bidong...Thx Kak Da for the treat!!Next time blh la belanja lg :) opss lupa lak nak publish nama warung...Warung Che Su Kolam..

Fantastic!!

Harga gold dan silver dah semakin menghampiri target lebih awal dr jangkaan para penganalisis:) Gold reach 1549 usd per ounce and pasangannya 'silver' dah menghampiri 50 usd per ounce iaitu 48.68 usd at         1.00 a.m...wow!!!  Better grab it fast b4 it will reach 1600 usd as predicted early this year!! For those yang dah mula menyimpan sikit2 tu tahniah diucapkan...one more thing, jgn lupa utk bayar zakat bila dah cukup haul dan nisabnya...85gm for gold and 595gm for silver ( only 2.5% )..berbanding kenaikan gold at approximately ( 20 - 35% ) per year and silver ( 100+% ) since last year...yakin lah dgn janji Allah yang akan melipatgandakan pemberianNya buat orang2 yang sentiasa bersedekah ke jalanNya...Sesungguhnya semua yang ada di langit dan di bumi adalah milikNya jua...wallahua'lam:)

Seafood Paradise...

Baru je lepas makan seafood kat Kelulut :) Harganya berbaloi2 dan rasanya pun not bad...ikan kerapu tiga rasa, ikan siakap stim halia, ketam goreng cili, kerang bakar, kailan ikan masin, watermelon juice yang sedap...actually nak belanja adik nor yang baru lepas pantang ( dah genap sebulan..hehe! ). Murah sgt mcm x percaya je bila bayar bil...alhamdulillah..moga murah rezeki tuan kedai :)

Balik kampung!!

:) Alhamdulillah.....dah selamat tiba d KT....having breakfast with Fatin on our way to MGH...my first day as a blogger..huhu!