Gold price hit new record high

Gold jumped to all time high, at USD1453.70 per ounce when I write this post, because of inflation fears and Portuguese credit downgrade drew attention back to euro zone woes.

Hmm.. will I buy this commodity today? Sure not. It must retrace or going down (as usual, gold price will going down when a new high created), so I will buy at retracement.

PS: Things you didn’t know about your Maybankard.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>