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~ MOHAB (1 September 2014 - 17.07.2014 - 19 Ramadhan 1435)

Rabu, Disember 01, 2010

Selingan: US Dollar Strength, Weakness and the Price of Gold

Currency @War

"Buying physical asset like gold can protect your wealth from the destruction of American Dollar," - Kata makcik goreng pisang tepi sempang umah aku. "USD turun Emas naik...and vice versa, bukan susah nor nak kira..." tambahnya.

Kalau orang Arab bangga ngan minyak, orang Melayu patut bangga dengan emas. Nilai minyak sebagai tenaga boleh diganti dengan biofuel, solar, elektrik...Nilai emas? Tak boleh ganti dengan emas sintetik.

Pisang emas dibawa belayar
Masak sebijik diatas peti
Hutang emas boleh dibayar
Hutang budi dibawa mati.

Sekali sekala kita kena fikirkan...



US Dollar Strength, Weakness and the Price of Gold: A Primer

When the US Dollar gets stronger, it takes fewer dollars to buy any commodity that is priced in $USD. When the US Dollar gets weaker it takes more dollars to purchase the same commodity.

The price of all US Dollar denominated commodities, like gold, will change to reflect the fact that it will take fewer or more dollars to buy that commodity. So it’s quite possible, in fact it’s almost always the case that a portion of the change in the price of gold is really just a reflection of a change in the value of the US Dollar. Sometimes that portion is insignificant. But often the opposite is true where the entire change in the gold price is simply a mathematical recalculation of an ever-changing US Dollar value.

(Pamp Suisse AKA Pamela Pisang Panas)

When the dollar gets strong, gold appears to go down, and vice versa. That accounts for part of the fluctuations that we see in the value of gold.

The other part is an actual increase in the supply or demand for gold. If the price is higher when being measured not only in US Dollars, but also in Euros, Pounds Sterling, Japanese Yen, and every other major currency, then we know the gold demand is higher and it has actually increased in value.

Consequently, if gold is higher in US Dollars while at the same time cheaper in every other currency, then we can conclude that the US Dollar has weakened, and that gold has actually lost value in all other currencies. But the price, because it is being quoted in $USD will be higher and give the illusion of gold becoming more valuable. In such a case the devaluation of gold, due to increased supply on the market, is camouflaged by a weakened US Dollar.

Our feature on kitco.com breaks the change of the price of gold into 2 components. One part shows you how much of that change can be attributed to US Dollar strength, or lack of it. The other portion is indicative of how much the price changed as a result of normal trading. Interestingly whatever changes happen to the price of gold as a result of US Dollar strength/weakness also occurs to every other US Dollar denominated commodity by the exact same proportion.

6 comments:

  1. Rujuk berita berikut dari Bernama bertajuk "Society wants Kedah returned to Kedah"
    http://www.bernama.com.my/bernama/v5/newsindex.php?id=546885

    Kalaulah perjanjian asal bayaran kepada Sultan Kedah itu ditetapkan dalam bentuk beberapa jongkong emas setahun berbanding RM10,000 setahun, tentu lebih berbaloi.

    BalasPadam
  2. dalam banyak2 matawang kenapa matwang Sepanyol yang depa pilih? Kenapa tak guna Pound Sterling...

    Jamal Pak Tongko pun tahu harga pound sterling...

    BalasPadam
  3. Silap taip tu sepatutnya ....Penang returned to Kedah.

    Dari segi politiknya tak payah gaduh-gaduh siapa nak jadi KM. Gabenur pun tak payah lagi.

    Tapi susah tu...kena pinda perlembagaan ke?

    Satu lagi dollar Sepanyol ni popular dalam dealing British sewa tanah di nusantara. Kes nayalah...

    BalasPadam
  4. the best way is to return back penang to the rightful owner...negeri2 Selat tu kesemuanya hak milik kita sebelum British, tapi tu la dah ada yang menentang sejarah Empayar Islam Benua Siam Kedah nak buat macamana...depa nak pakai sejarah British dan tak nampak sejarah realiti dari sudut yang sebenar...apo nak buek...

    10000 duit sepanyol Jamal Pak Tongko pun tak nak...

    BalasPadam
  5. Berita Bernama di atas tidak dipetik oleh media-media utama pro-kerajaan seperti Kumpulan Utusan, NST dan The Star.

    Bagaimanapun Persatuan Sejarah Malaysia Cawangan Kedah dilihat seperti mula membuat kerja-kerja positif. Bermula dengan pengikhtirafan Sultan Syarif Shah dan kini tuntutan terhadap Penang pula.

    Shabas kepada Dato' Wan Shamsudin...

    BalasPadam

Assalamu'alaikum wbt dan salam sejahtera. Selamat membaca.

 

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