Well, Well... Several weeks ago, China had devalued the Yuan. As always, market reacted soon after the announcement. We know that China is number 2 greatest world's economy. As Yuan got weaker, US Dollar got stronger. There are so many questions about how it will become when a country devalue its currency. Of Course, China's government through People's Bank of China (PBOC) had certain...
Gold finally regain its highest position after about a month drop. As we can see the graph below, gold touched IDR 515,000 which equals to approximately USD 1156/ oz (and may be still moving upward) as of August 21st. This movement happened since The Fed can't reach the inflation target yet. What's the implication? What's the relationship between gold's price and inflation target? How can gold...
It's been a long time enough I don't write here. And this time I'd like to present you a good insight of investing in gold. It's a nice moment to talk about gold since we have a downward trend of a gold's price, what a coincidence! As one of the most popular safe haven, people seems to be familiar to gold. It's quite simple to convert your money into a gold; Buy at the lowest price, sell at...