Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Nigel Ng

Joined: 09/04/16


Comments by Nigel Ng
Gold Mar 20, 2020 2:23PM ET
This is an melt up. A bull trap. Follow by agressive plunge. Dollar is on a long term tipping point. It is coming down bad. On march 6-7 , it rally faking a safe haven demand. It was actually due to Dollar strength which dampen gold price to fell from march 6-7. Without actually seeing dollar under radar, we got confuse as to why equities panic didnt brought up gold price at the same time. So dollar was the culprit behind. But people assume it was margin liquidation. But this dollar melt up is gonna be very short lived. When it plunge, gold will resume its long term bull cycle that has only just begin beggining of last year. This time, because qe is on the table, and its gonna devalue all fiat massive printings and bring about inflation expectation. Confidence is gonna erode in fiat. We done that in 2008. But people are waking up this time. And they are waking up to gold ! Gold alone or towards backed by gold, either way, fiat is losing value. Gold needs to be value way more than this.
Dollar Index Futures Mar 20, 2020 2:20PM ET
im long gold im long gold
Dollar Index Futures Mar 20, 2020 2:19PM ET
People are waking up to fed ponzi scheme. That is printing money. That is the only tool they have whatever they gonna call it, they have been repeating pumping money out of thin air into its economy only because dollar is reserve currency. But this time, it is gonna be little effective. Because of extreme low interest rate. Confidence on dollar is gonna errode. Gold is the real store of value. All fiat is gonna lose against gold. Print all we can. Thats the only tool. But it comes with consequences. That is inflation meansured beyond the basket. The debt bubble inflate assets prices that are beyond the cpi basket.
Dollar Index Futures Mar 20, 2020 2:11PM ET
This is an melt up. A bull trap. Follow by agressive plunge. Dollar is on a long term tipping point. It is coming down bad. On march 6-7 , it rally faking a safe haven demand. It was actually due to Dollar strength which dampen gold price to fell from march 6-7. Without actually seeing dollar under radar, we got confuse as to why equities panic didnt brought up gold price at the same time. So dollar was the culprit behind. But people assume it was margin liquidation. But this dollar melt up is gonna be very short lived. When it plunge, gold will resume its long term bull cycle that has only just begin beggining of last year. This time, because qe is on the table, and its gonna devalue all fiat massive printings and bring about inflation expectation. Confidence is gonna erode in fiat. We done that in 2008. But people are waking up this time. And they are waking up to gold ! Gold alone or towards backed by gold, either way, fiat is losing value. Gold needs to be value way more than this.
Gilead Mar 19, 2020 10:35PM ET
Stress causes hair to grow faster. So more shaving done.
Gilead Mar 19, 2020 10:34PM ET
More people are shaving during panic.
Halliburton Mar 19, 2020 10:23PM ET
Stop guessing. The lowest it can go is zero.
Nam Cheong Mar 19, 2020 6:10AM ET
Lame company for people who think that its “cheap”. The worse it can fall is 0.0000000000001. Everyone continue to gamble cos they think this 0.005 can someday “suddenly” become 10 dollar just because they heard theres a project coming. Classic silly thinking.
STI Index Mar 19, 2020 6:06AM ET
Whats the use of talking now when it already happen. Look at all the comments under each singapore blue chips , i already warn everyone since last year. But gamblers and speculators never learnt. They continue to fall victim to fall prey to news, brokers tips, and to their emotions, not having serious attitude towards learning the art of investing. All talking and less deep learning. People never learn because human nature never change. They always buy high sell low.
Singapore Exchange Mar 17, 2020 10:07PM ET
10 years of side way consolidation. Finally broke out into an uptrend. And withstanding the current selloff pretty well. Its very powerful to my suprise. Its gonna pullback to retest support. I suggest to buy on weakness.
Clorox Mar 17, 2020 12:48PM ET
The cure to corona virus is clorox bleach
UOB Mar 17, 2020 12:37AM ET
I told u all man.
Thai Beverage Mar 16, 2020 9:09PM ET
Told ya its falling badly. But folks, of all blue chips in singapore, this is one fundamentally worth buying low. Much better than your state owned enterprises
SingTel Mar 16, 2020 9:06PM ET
Damn i told u all !
DBS Mar 16, 2020 9:06PM ET
I told you all !
DBS Mar 16, 2020 9:05PM ET
So u didnt know what it mean by trough untill u have a birdeye picture of the market cycle. R u still heng ? I told u it was coming down.
OCBC Bank Mar 16, 2020 9:03PM ET
I told u all
VanEck Vectors Gold Miners Feb 27, 2020 11:12PM ET
 congrats to u on speculating. u flipped the coin. congrats to u on speculating. u flipped the coin.
IAMGold Feb 27, 2020 4:36PM ET
see
VanEck Vectors Gold Miners Feb 27, 2020 4:30PM ET
 thats because u use margin. thats because u use margin.
Expedia Feb 27, 2020 9:15AM ET
for kobe bryant.
Expedia Feb 27, 2020 9:15AM ET
right from 14 feb. from down town.
Expedia Feb 27, 2020 9:11AM ET
many big investors who shorted something, didnt get it right from the first day, infact they were hanging on for months after months.. remember the big shot? he was wrong about short term timing, but he was right that it will happen sooner or later. he finally broken even , then made profit. thats because he had the stomach to buffer against short term headwinds.
Expedia Feb 27, 2020 9:08AM ET
u was right but u didnt have enough buffer. u have the brain but u also need to have a strong stomach .
BANCO PAN SA PN Feb 26, 2020 11:08PM ET
WARNING. DOUBLE TOP, HIGH UNUSUAL SELLING VOLUME WITH FALLING PRICE. SERIOUS MACD DIVERGENCE. THIS IS GONNA PLUNGE SOON. VERY LOW REWARD AND HIGH RISK IF YOU SQUEEZE FURTHER.