Gold ATH at $3,028.47
What did I tell you guys 3 years ago? On 24th Oct 2022, gold was at $1,644.30. An 84.18% increment. Now that I’ve got your attention, I’m going to tell you — gold is still cheap. Buy some with whatever you have.
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Hua Seng Heng Outlets
If you’re visiting Bangkok, specifically Yaowarat (Chinatown), you would discover that the street is lined with goldsmiths and gold shops. And nice Thai-Chinese delicacies too. I was introduced to the Hua Seng Heng brand a few years back by a friend who runs a goldsmith shop in Bangkok. He produces finished gold jewelleries for the … Read more
Why are Malaysians Divided on the Pandemic?
The most sinister part of the MCO is that not all businesses are equally affected by the measures. While some may continue to work from home, some would totally lose a majority of their customers or even a complete shutdown of their business due to the inconveniences caused. This in turn creates a divided populace … Read more
Mises: Inflation as a Monetary Policy
Mises on inflation— page 428, Human Action. “First: Inflationary or expansionist policy must result in overconsumption on the one hand and malinvestment on the other. It thus squander capital and impairs the future state of want-satisfaction. Second: The inflationary process does not remove the necessity of adjusting production and reallocating resources. It merely postpones it … Read more
Inflation is Not Rising Prices
Inflation is one of the most pervasive and cunning tax that a government can impose on its people. You might be wondering how can I label the phenomenon of rising prices as a form of tax. To put it simply, I categorize every and any actions that a government undertakes which results in reducing the … Read more
Unpopular Opinions on Government Interventions During COVID-19 Crisis
It all started with an interview with 2 doctors from Bakersfield in US. Dr Dan Erickson and Dr Artin Massihi were briefing the press with the COVID-19 data they’ve collected from their clinic and using that as evidence why the lockdown is an over-exaggerated response which could be causing more damage than the virus itself. … Read more