Finance

Today dont know wat to blog. So blog a bit on finance which will affect us.

OIL

The rise of cruel oil is something which everyone should be concern of.
For drivers, this will affect your petrol expense
For non drivers, your bus and mrt pricing.
The Public Transport Council had postponed the review of transport cost til around August. As such, we will not need to worry about the increase of transport charges temporary.

But there is something which will affect us all... Electricity... Like it or not. It will affect.
Previously Kartina and terrorism in Middle East rose oil price up to about US$60 /barrel.
The rise of India and China put the price at US$65 - 70

Now, the price of Iran's nuclear ambitions and declining U.S. gasoline stocks keep the price at US$74.25 as at blog time.

This means i expecting a rise on our next utility review bill which is abt June.

GOLD

I know... ppl like gold... Anyway gold is something which ppl like to invest on. But they buy to keep. Of cos, there are ppl who buy from jewellery shop. But i now talking abt gold bar.

I had no idea what went wrong with gold but price went up from US$600 to the current US$631 as at blog time within a short period. Well... Its confirmed that Chinese buy gold during CNY. But its over liao...

I went to jewellery shop juz now. Pure Gold selling at $38

US$

The US$ had been dripping for quite something. Remember the days whereby it was US$1 = S$1.74 abt 2 yrs ago...

Today it dropped to $1.5949. US had issued too much bonds, resulting deficit. I told someone that i quitting shares and interested in currencies. I aiming at the dollar. In accordance to an advisor from XXX, she said "If u wanna buy currency, buy from money changer and hold in hand. Cos bank charges u once there is withdrawal." She added that currency is not easy to play with and is slow.

I still considering the venture... But i still like shares, juz that there is no good shares to play with now...

Diamond

Diamond is woman's best friend. So dont anyhow write... Else my brainless brain will offend ppl again. hahaa